2021-03-31-accounts

TS
		Pages
Administrative Information
Trustees Report
Independent Examiners'	Report
Statement of Financial	Activities
Statement of Financial	Position
Notes to the Accounts

Chairperson			Mr John Oguntoye
Other Trustees			Mrs Mojibade Oguntoye
			Evang. Kole Julius Atewologun
			Mrs Wuraola Awomodu
			Mrs Victoria Ekundayo
Charity Registered		Number	1072265
Registered	Office		462 Old Kent Road
			London
			SE1 5AG
Independent	Examiner		Enochs Financial Services Ltd
			15St Joseph's Close
			London
			W10 5GL
			07950490503
Banker:			Metro Bank
			Barclays Bank

					Unrestricted	Restricted	Total
					funds	funds	funds
				Notes	2021	2021 f	2021 6	2020 6
Receipts Tithes, Offering and Thanksgiving					82,338	0	82,338	80,946
Gift Aid and Donations					0	59,625	59,625
Total Receipts					82,338	59,625	141,963	80,946
Payments
Cost ofactivities in furtherrances			of
charitys' objectives Management &Administration		of	charity	6.2 6.3	61,050 10,225	40,555 13,400	101,605 23,625	67,445 12,476
Total Payments					71,275	53,955	125,230	79,921
Net Income (Outgoing)	Resources				11,063	5,670	16,733	1,025
Net Movement in Funds					0	0	0	0
Cash Funds B/F				5	10,590	0	10,590	9,565
Adjustment					0	0	0	0
Cash Funds this year	end				21,653	5,670	27,323	10,590

	Notes	2021 6	2021 f	2021 f	2020f
Assets Retained for Charity's	own use
Tangible Assets	3	5,956	9,600	15,556	2,306
Cash Funds
Building Fund		2,545	0	2545	2241
Debtors		0	0	0	0
Cash/Bank		5,322	5,150	10,472	6,643
		7,867	5,150	13,017	8,883
Other Monetary Assets Amount due within one year		750	500	1,250	600
NET CURRENT ASSETS		7,117	4,650	11,767	6,263
TOTAL ASSETSLESSCURRENT LIABILITIES		13,073	14,250	27,323	10,590
Liabilities
Amount falling due more than one year			0	0
TOTAL NET ASSETS		13,073	14,250	27,323	10,590
Charity Funds Unrestricted General Funds B/F		10,590	0	10,590	9,565
Nat Income for the Year		11,063	5,670	16,733	1,025
Adjustment TOTAL FUNDS		21,653	5,670	27,323	10,590

	Depreciation has been provided at the following r	ates on a reducing balance	methods.
	Church Office, Fixtures and Fittings	25%
	Equipment	25%
	Furnitures & Computers	25%
	Motor Vehicle	25%
2	Operating Profit	2021	2020
		F	E
	This is stated after charging:
	Depreciation ofowned fixed assets	4,733	2,938

3	Fixed assets
						Fittings &	Total
			Equipment		Furniture	Fixture
	Cost
	As At 1 April 2020		11,750		0	0	11,750
	Addition During the	Year		7,500	5,500	6,500	19,500
	Disposal/Written off			0	0	0	0
	At 31 March 2021		19,250		5,500	6,500	31,250
	Depreciation
	As At 1 April 2020			9,444	0	0	9,444
	Charge for the year			3,850	1,100	1,300	6,250
	Disposal/Written off			0	0	0	0
	At 31 March 2021		13,294		1,100	1,300	15,694
	Net Book Value
	At 31 March 2021			5,956	4,400	5,200	15,556
	At 31 March 2020		2,306				2,306
	All fixed assets are	used for direct charitable		purposes.
4	Creditors Amount	falling due within one		year		2021	2020 6
	Other Creditors: Accountancy fees					1,250	600
5	Unrestricted Funds					2021f	2020 6
	Unrestricted Funds	brought forward				10,590	9,565
	Unrestricted Funds	for the year				16,733	1,025
	Adjustment
	As at 31stMarch 2020/ 31st March		2019			27,323	10,590

	Detailed Inc	o	me a	nd Expend	iture	A	ccount fo	r the year to 31	st March 2021
								Unrestricted	Restricted	Total
								E	6	E
6.1	Income and	Resources
	Incoming from offering, tithes,				building		&other	82,338		82,338
	Gift Aid							0	59625	59,625
	Total Incoming Resources							82,336	59,625	141,963
	OUTGOINGS
	Costs ofactivities			in furtherance		of	the charities objects:
	Church Rent	and Rates						35,000		35,000
	Spiritual items							3,200		3,200
	Sundries							1,140	3,650	4,790
	Charitable donation			and Gift				4,850	25,600	30,450
	Anniversary							6,900	5,500	12,400
	Music and Entertainment							3,200	2,245	5,445
	Christmas Party							2,275	3,560	5,835
	Renovation &		Maintenance					4,485		4,485
								61,050	40,555	101,605
6.3	Managemant		and	Administrative		of	charity:
	Depreciation							3,850	2,400.00	6,250
	Stationery							850	1,122.00	1,972
	Telephone							550	685.00	1,235
	Postage							780	1,450.00	2,230
	Bank Charges							285		285
	Accounting fee							750		750
	Repairs and	Renewals						1,055	2,450.00	3,505
	Professional	and Consultancies			fees			955	3,500.00	4,455
	Transportation							1,150	1,793.00	2,943
								10,225	13,400.00	23,625
	Cash &Bank		Balances
	Cash at bank							10,472
								10,472
	Church Assets Schedule
	~Ch hh	i		t				2021f	2020f
	Equipment							5,956	2,306
								5,956	2,306
	Fixtures and	Fittin		s
	Fixtures & Fittings							4,400
								4,4hh	h
	Furnitures
	Furniture s							5,200
								5,200