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