|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|





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## 



## 

|Forthe year|ended 31 December 2020|||
|---|---|---|---|
||Notes|Unrestricted|<br>2019|
|||funds||
|||[€||
|lncome and endowmentsfrom:||||
|Donations andlegacies<br>lnvestments|2<br>3|352,290|382,069|
|lncome frominvestment||12,500|5,300|
|properties<br>Bank interestreceivable||40|38|
|Total||364,830|387,4,0i|
|Expenditure on:||||
|Raisingfunds|4|||
|Costs of generatingdonations||(249,541)|(318,974)|
|and legacies<br>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<br>Totalfunds carriedforward||900,539<br>i,ooii+s|869,447<br>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<br>(24,700)|.1,491<br>(3e,1e8)|
|Netcurrentassets<br>Totalassets lesscurrent liabilities||62,290<br>1,4t9,33i|(3-7t7O7)<br>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|





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## 

|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|13i,3t32|
|||2020|2019|
|Ministers and ancilliary workers||6|6|
|||6|6|



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## 



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## 

||Landand|Multimedia|Motor|Fixturesand|Computer||
|---|---|---|---|---|---|---|
|Cost or valuation|buildings<br>e|Equipments<br>€|vehiclest|fittings<br>€|equipmentt|Total<br>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|





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## 

|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|
||--<br>aaAt,.tiz|--iat,+ot|(gso,gt s)|900,539|



## 

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## 

|Analysisof|netassetsbetweenfunds||||
|---|---|---|---|---|
|||TangibleNetcurrent<br>fixedassets<br>assets/||Creditors>NetAssets<br>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<br>fixedassets<br>assets/<br>one year|
||(liabilities)|
||€€€€|
|Unrestrictedfunds||
|General||
|General|1,419,906(37,707)(481,660)900,539|
||1,419,906(37",;7071(481,660)900,53i|