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2021-12-31-accounts

REFERENCE AND ADMINISTRATIVE INFORMATION
NameofGharity CHRISTAPOSTOLICCHURCH-OUTREACH
Charityregistrationnumber 0'1063904
Principaladdress 413HIGHROAD
TOTTENHAM
LONDON
N,l7 6RD

The trustees and officers serving du ring theyearand since theyearendwerea
RevAMOS ODUNAYOFASHINA
RevJOSEPH ADEWUYI
MTOLUGBENGA BABATOLA
Rev GBOYEGA OYELADE
(Resigned:'15September2019)
MrS.OLUBISIAKINYEMI
Mr SAM.AAWORINDE
MrLAYIOPALEKE
MTADEDEJI OLALEYE
MrSAJILORE
MrMICHAELAYODEJI AFOLABI
Mr M.AAJAYI
RevENOCKBUNMI FASHINA
lndependent examiners M.AFOLABI & CO LIMITED
133 HESTONROAD
HOUNSLOW
MIDDLESEX
TW5ORD

Unrestricted
2O2O
funds
€€
lnvestments ? 320,265 352,290
lncomefrominvestment 17,080 12,500
properties
Bank interest receivable
140
Total 337,346 364,830
Expenditure on:
Raisingfunds 4
Costs ofgeneratingdonations (276,741) (249,541)
and legacies
Fundraising trading: costof
(36,358) (12,383)
goods sold and other costs
Total (313,!99.1 (26-L:924)
Netincome 24,247 102,906
Reconciliation of funds
Totalfunds broughtforward 1,003,445
900,539
Totalfunds carriedforward 't,izi,agi 1,00t,445

Notes
Fixed assets
Tangibleassets 1,416,146 1,417,051
iii6;146 t,+i'i,os't'
Current assets
Cash at bank and inhand 93131 86,980
.93:371 86,980
Creditors:amountsfallingduewithinoneyear 10 (27,715) (24,700)
Netcurrentassets 55,656 6'2480
Totalassets lesscurrent liabilities
Creditors:amountsfallingdueaftermore than one year
Netassets
11 i)i;tr,ioz
(444,110)
1s7:-9-s1
-*-1j-479'331
..-,
--la-75,-8-8-6)
1,003,445
Thefundsofthe charity
Unrestricted income funds 12 1,027,692 1,003,445
Totalfunds t,oci,i,gz 1,003,445

ncomefromdonationsand legacies
2021 2020
E
Unrestrictedfunds
Donationsreceived
226,333
93,932
232,040
120,250
Grants received
320,265 zin,zgo

nvestmentincome
2021 2020
e
Unrestrictedfunds '17,080 12,500
lncomefrominvestment
properties 1 40
Bank interestreceivable
17,081 12,540

xpenditureongenerating donationsand legacies
2021 2020
g I
Unrestrictedfunds 150,573 147,772
Donations 1,160 1,025
SubscriPtions '125,008 100,744
Support costs 276,741 249,541

Analysis ofsupport costs
2021
Voluntary Income
Support cost5 99,662 74,802
Governance costs 61,704 38,325
i6i,i66 113,127

Netincome/(expenditure)forthe year
Thisisstated aftercharging/(crediting):
2021 2020
g
Staffpensioncontributions 533 523

Totalstaff costs for theyear ended 31 December 2021 were:
2021 2020
e E
Salariesandwages 127,189 124,039
Social security costs 10,112 10,170
Pensioncosts 533 523
ig?;8i; iie,iii
2021 2020
Ministers and ancilliary workers. 0
0
6-;

Cost orvaluation Landand
buildings
Multimedia
Equipments
f
Motor
vehicles
e
Fixturesand
fittings
Computer
equipment
Total
e
At01January 2021 1,408,484 64,368 2,340 36,082 22,633 1,533,907
Additions 1,650 1650
At31 December2021 1,408,484 64,368 2,340 36r082 21,283 1,535,557
Depreciation
At01January 2021 59,607 1,785 33,464 22,000 116,856
Charge for year 1,190 139 655 571 2:555
At31December202l 60,797 1,924 zi,,'ttgt 22fii 119,411
Netbook values
At3'lDecember 2021 1,408,484 3,571 ,416 -1,963 ,1,1712 1,416446
At31December2020 1,408,484 4,761 555 2,618 633 1,417,05'l

Creditors: amounts fallingduewithinoneyear
2021 2020
Other creditors 27,715 24,700
iz,iis 24,700

Creditors:amountsfallingdueaftermorethanone yea r
2021 2020
€€
Loans and overdrafts 444,110 475,886
444,110 475,gg6

Loans and overdrafts

2021
€€
444,110
444,110
202
475,886
475,gg6
The following liabilities disclosed under creditors falling due after more than one year are securedbythecharity:
Bank loans and overdrafts 404,539 426,315
404,539 426,315

UnrestrictedFunds
Balance at lncoming OutgoingBalanceat
01t0112021 resources resources3111212021
General
General 1,003,445 337,346 (313,099)1,027,692
1,003,445 337,346 (313,099)1,027,692
iiii:li.iit::::i: r
.,:i.il::l::
,iiii:ur1.::iiiiiiiiri:::::::::::
:
UnrestrictedFunds-Previous year
Balance at lncoming OutgoingBalance at
01t01t2020 resources resources3111212020
e
General
General 900,539 364,830 (261,924)1,003,445
900,539 sea,Sso (261,92411,003,445
.:-

Analysisofnetassetsbetweenfunds
Tangible
fixed assets
Netcurrent
assets/
Creditors>NetAssets
one year
(liabilities)
Unrestrictedfunds
General
General 1,416,146 55,656 (444,110)1,027,692
1,416,146 sC,ese i+++,iioir,iiti,aAii

Previous year
TangibleNetcurrent
fixedassets
assets/
Creditors>NetAssets
one year
gt (liabilities)
Unrestrictedfunds
General
General 1,417,051 62,280(475,886)1,003,445
tl.iii,wa 62,290(475,886)1,003,445
'
'-a
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