| Reportofthe Trustees | |
|---|---|
| lndependent Examiner's Reporttothe Trustees | |
| Statement ofFinancialActivities | |
| StatementofFinancialPosition | |
| Notes totheFinancial Statements | 5to9 |
| Detailed StatementofFinancialActivities | 10 |
| NameofCharity | CHRISTAPOSTOLIC CHURCH-OUTREACH |
|---|---|
| Charityregistrationnumber | 01063904 |
| Principaladdress | 413 HIGHROAD |
| TOTTENHAM | |
| LONDON | |
| N17 6RD |
| The trustees and officers serving durin | gtheyear and since the yearendwerea |
|---|---|
| RevAMOS ODUNAYOFASHINA | |
| RevJOSEPH ADEWUYI | |
| MTOLUGBENGABABATOLA | |
| RevGBOYEGA OYELADE | |
| (Resigned:15September2019) | |
| MrS.OLUBISIAKINYEMI | |
| MrSAM. AAWORINDE | |
| MrLAYI OPALEKE | |
| MTADEDEJI OLALEYE | |
| MrSAJILORE | |
| MrMICHAEL AYODEJIAFOLABI | |
| Mr M.AAJAYI | |
| RevENOCKBUNMIFASHINA | |
| lndependentexaminers | M.AFOLABI & CO LIMITED |
| 133 HESTONROAD | |
| HOUNSLOW | |
| MIDDLESEX | |
| TW5ORD |
| Forthe year | ended 31 December 2020 | ||
|---|---|---|---|
| Notes | Unrestricted | 2019 |
|
| funds | |||
| [€ | |||
| lncome and endowmentsfrom: | |||
| Donations andlegacies lnvestments |
2 3 |
352,290 | 382,069 |
| lncome frominvestment | 12,500 | 5,300 | |
| properties Bank interestreceivable |
40 | 38 | |
| Total | 364,830 | 387,4,0i | |
| Expenditure on: | |||
| Raisingfunds | 4 | ||
| Costs of generatingdonations | (249,541) | (318,974) | |
| and legacies Fundraising trading: costof |
(12,383) | (37,341) | |
| goods sold and other costs | |||
| Total | (261,9241 | (S56,Sf a) | |
| Netincome | 102,906 | 31,092 | |
| Reconciliationoffunds | |||
| Totalfunds broughtforward Totalfunds carriedforward |
900,539 i,ooii+s |
869,447 go0,aiC |
| Notes | 2020 | 2019 | |
|---|---|---|---|
| € | f | ||
| Fixed assets | |||
| Tangibleassets | 1,417,051 | 1,419,906 | |
| t',ii/,iili't | 1,419,906 | ||
| Current assets | |||
| Cash at bank and inhand | 86r980 | 1A91 | |
| Creditors:amountsfallingduewithinoneyear | '10 | ..--8-6r980 (24,700) |
.1,491 (3e,1e8) |
| Netcurrentassets Totalassets lesscurrent liabilities |
62,290 1,4t9,33i |
(3-7t7O7) 1,382:1gg |
|
| Creditors:amountsfallingdue after more than one year | 11 | (475,886) | (48i660) |
| Netassets | 1:003:145, | ||
| Thefundsofthe charity | ?0015_3s | ||
| Unrestricted income funds | 12 | 1,003,445 | 900,539 |
| Totalfunds | t,ooi,l+s | goo,ssg |
| ncomefrom donationsand legacies | ||
|---|---|---|
| 2020 | 2019 | |
| c | € | |
| Unrestrictedfunds | ||
| Donations received | 232,040 | 325,944 |
| Grants received | 120,250 | 56,125 |
| isz,zgo | 382,069 | |
| nvestment income | ||
| 2020 | 2019 | |
| € | c | |
| Unrestrictedfunds | ||
| lncomefrominvestment | 12,500 | 5,300 |
| properties | ||
| Bank interest receivable | 40 | 38 |
| 'tZ,.i'iO | s,iga | |
| Expenditure on generatingdonationsand legacies | ||
| 2020 | 2019 | |
| € | € | |
| Unrestrictedfunds | ||
| Donations | 147,772 | 151,024 |
| Subscriptions | 1,025 | 4,360 |
| Support costs | 100,744 | '163,590 |
| zis,sqi | 318,974 |
| Analysis ofsupport costs | |||
|---|---|---|---|
| 2020 | 2019 | ||
| f | e | ||
| Voluntary lncome | |||
| Support cost5 | 74,802 | 132,318 | |
| Governance costs | 38,325 | 68,613 | |
| 113,127 | 200,931 | ||
| Netincome/(expenditure)forthe | year | ||
| Thisisstated after charging/(crediting): | |||
| 2020 | 2019 | ||
| € | € | ||
| Operating lease charges-other | 10,185 | 10,185 | |
| Staff pension contributions | 523 | 3,845 | |
| Staffcosts | |||
| Totalstaff costs for the yearended | 31 December 2020 were | ||
| 2020 | 2019 | ||
| e | € | ||
| Salaries and wages | 124,039 | 123,039 | |
| Social security costs | 10,170 | 10,148 | |
| Pension costs | 523 | 3,845 | |
| ' | '34,732 | ||
| 2020 | 2019 | ||
| Ministers and ancilliary workers | 6 | 6 | |
| 6 | 6 |
| Landand | Multimedia | Motor | Fixturesand | Computer | ||
|---|---|---|---|---|---|---|
| Cost or valuation | buildings e |
Equipments € |
vehiclest | fittings € |
equipmentt | Total f |
| At01January 2020 | 1,408,484 | 64,368 | 2,340 | 36r082 | 22,633 | 1,533,907 |
| At31December2020 | 1,408,484 | 64,368 | 2,340 | 36,082 | 22,633 | 1,533,907 |
| Depreciation | ||||||
| At01January 2020 | 58,020 | 1,600 | 32,592 | 21,789 | 1'14,000 | |
| Charge for year | 1,587 | '185 | 872 | 211 | .-.2r856 | |
| At31December2020 | 59,607 | 1,785 | CC,le+ | iz,ooo | 116,856 | |
| Netbook values | ||||||
| At31December2020 | 1:4081484 | 4,762 | 555 | 2,617 | 633 | 1,417,051 |
| At 31 December 2019 | 1,408,484 | 6,349 | 740 | 3,490 | 844 | 1,419,907 |
| Creditors:amountsfallingduewithinoneyear | ||
|---|---|---|
| 2020 | 2019 | |
| E | € | |
| Other creditors | 24,700 | 39, I98 |
| 24,700 | 39,198 |
| 2020 | 2019 |
|---|---|
| € | f |
| 475,886 | 481,660 |
| 475,896 | 481,660 |
| Thefollowing liabilities disclosed under creditors falling due aftermorethanone year | are securedbythecharity: | |
|---|---|---|
| Bank loans and overdrafts | 426,315 | 434,449 |
| 426,315 | 434,4ig |
| UnrestrictedFunds | ||||
|---|---|---|---|---|
| Balance at | lncoming | Outgoing | Balanceat | |
| 01t01t2020 | resources | resources | 31/,122020 | |
| € | € | |||
| General | ||||
| General | 900,539 | 364,830 | (261,924) | 1,003,445 |
| 900,539 | 364,830 | (261,9241 | 1,003,445 | |
| UnrestrictedFunds-Previous year | ||||
| Balanceat | lncoming | Outgoing | Balanceat | |
| 01t01t2019 | resources | resources | 3111212019 | |
| e | f | c | f | |
| General | ||||
| General | 869,447 | 387,407 | (356,315) | 900,539 |
| -- aaAt,.tiz |
--iat,+ot | (gso,gt s) | 900,539 |
| Analysisof | netassetsbetweenfunds | |||
|---|---|---|---|---|
| TangibleNetcurrent fixedassets assets/ |
Creditors>NetAssets one year |
|||
| (liabilities) | ||||
| Unrestricted | funds | |||
| General | ||||
| General | 1,417,051 | 62,280 | (475,886)'r,003,445 | |
| r,+ti,oi,t | ez.isi | (475,886)1,003,445 |
| Previous year | |
|---|---|
| TangibleNetcurrentCreditors>NetAssets fixedassets assets/ one year |
|
| (liabilities) | |
| €€€€ | |
| Unrestrictedfunds | |
| General | |
| General | 1,419,906(37,707)(481,660)900,539 |
| 1,419,906(37",;7071(481,660)900,53i |