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|CHARITY NUMBER|CHARITY NUMBER||1078085||||
|---|---|---|---|---|---|---|
|TRUSTEES AT31~||DECEMBER 2020|Rev Irene O. Oyebade||||
||||Rev Tunde Ogedengbe||||
||||Pastor Margaret
Bankole||||
||||Minister
Gbemisola
A. Odusanwo||||
||||Pastor Gideon Odartey|Lamptey|||
||||Mr Peter Beckley||||
|BOARD'S SECRETARY|||Mr. james Odogwu-Okonyla||||
|SENIOR PASTOR|||Revd. Irene O. Oyebade||||
|GOVERNING|DOCUMENT||Declaration
ofTrust Deed dated 7"july||||
||||1999 and
the supplement
15"October 1999.||deed|date|
|OB3ECTS|||(a) The
Advancement|of|Christianity||
||||and (b) The Relief of Need;||Hardship;||
||||Distress;
Age or Sickness.||||
|LEGAL FORM|||A Charitable
Trust —An|Unincorporated|||
||||Charity.||||
|CORRESPONDENCE||ADDRESS|Block 3, 3~ Floor, Suite|301A,|||
||||Tower Bridge Business|Complex|||
||||100 Clement's
Road, Bermondsey,||||
||||London SE164DG.||||
|BANKERS|||Bank of Scotland,||||
||||600
George
Road,
Edinburgh|||EH11|
||||3XP.||||
||||TSB PLC||||
||||253 —255 Southwark
Park||Road,||
||||Bermondsey
Branch||||
||||London SE1 3TP.||||
|AUDITORS|||Christ Atkins Services Ltd.||||
||||Office 310,Access Self|Storage|||
||||Unit 1 Meridian
Trading|Estate|||
||||20 Bugby's
Way||||
||||London SE7 7SF.||||
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|Report ofthe Trustees|||
|---|---|---|
|Independent
Examiner's|Report|to the Trustees|
|Statement
of Financial|Activldes||
|Statement
of Financial|Position||
|Notes lo the Flnenctet Statements|||
|Detailed Statement ofFinendat||Activities|
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|||||Notes|Unrestricted|2020|
|---|---|---|---|---|---|---|
||||||funds||
||||||6||
|Income end|endowments||from:||||
|Dcnatlcns|and legacies||||238,912|272,720|
|Charitable|ectlvltles||||||
|EVANGEUSM|||||43,984|36,469|
|Investments|||||||
|Bank Interest receivable|||||22||
|Total|||||282,818||
|Expend)turn|on:||||||
|Charitable|actlvgles||||||
|EVANGELISM|||||(264,864)|(240,069)|
|Total|||||(264,864)|(240,060)|
|Net Income|||||18,084||
|Reconclllatlon
offunds|||||||
|Total funds|brought|fonvard|||90,888|17,396|
|Total funds|carried|forward|||108,760|88,666|
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||||Notes|2021|2020|
|---|---|---|---|---|---|
|||||8|8|
|Current assets||||||
|Debtors|||12|8,092|8,063|
|Cash at bank|and|In hand||104,12T|80,402|
|||||112419|88vt85|
|Creditors: amounts||falBng due viithtn one year|13|(3,469)|(1,880)|
|Net current essete||||108,750|86,685|
|Total assets less current llabllhles||||108,750|86,585|
|Net assets||||10S,750|SB,585|
|Ths funds ofthe charity||||||
|Unrestricted|Income funds||14|108,750||
|Total funds||||108,750|SB,SBS|
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|3.Income from charitable|3.Income from charitable|activities|activities|||
|---|---|---|---|---|---|
||||||2020|
||||||f.|
|Unrestricted
funds||||||
|EVANGELISM||||||
|income from charitable||||43,984|36,459|
|SOUviUes||||||
|4.Invssbnent
Income||||||
|||||2021|2020|
|||||f.|8|
|Unrestricted
funda||||||
|Bank Interest receivable|||||79|
|||||22||
|6.Costs ofcharitable|activities||by fund type|||
|||||2021|2020|
|||||8|8|
|Unrestricted
funds||||||
|EVANGELISM||||245,385|222,613|
|SUpport costs||||19,469|17,456|
|||||284,854|240,089|
|6.Costs ofcharitable|activities||by activity type|||
|||||2021|2020|
|||||8|f.|
|Actlvtass
undertaken||directly||||
|EVANGELISM|||||240,069|
|7.Analysis
ofsupport|costs|||||
|||||2021|2020|
|||||8|8|
|Governance
costs||||19,469|17,456|
|This Is stated|after charging/icredltlng):|||
|---|---|---|---|
|||2021|2020|
|||f|f|
|Accountanoy|fess|1,650|1,476|
|Trustees'
remuneration||49,513|49,513|
|Staff penskvt|contributions|1,290|989|
|taffcosts and emoluments||||
|Total staff costs for the year ended 31 December 2021 were:||||
|||2021|2020|
|||6||
|Salaries and|wages|94,248|94,248|
|Social security costs|||760|
|Pension costs||1,290|989|
||||98,977|
|||2021|2020|
|Staff|||2|
|Accountanoy|fess|
|---|---|
|Trustees'
remuneration||
|Staff penskvt|contributions|
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|Debtors||||
|---|---|---|---|
|||2021|2020|
|||6|f|
|Amounts|due wltMn ons year:|||
|Other debtors||8,092|8,063|
|||8,092|8,063|
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|Unrestricted|Funds|||||||
|---|---|---|---|---|---|---|---|
|||||Balance at|Incoming|Outgoing|Balance at|
|||||01/01/2021|Menu/See|reseal'ces|31/12/2021|
|||||6||8|6|
|Gsneer/||||||||
|General||||90,886|282,918|(264,854)|108,760|
|||||00,880|282,918|(264,854)|108,780|
|Unrestricted|Funds|- Previous|year|||||
|||||Balance at|Incoming|Outgoing|Balance st|
|||||01/01/2020|resources|resources|31/12/2020|
|||||6|6|f|2|
|Genera/||||||||
|General||||17,396|309,258|(240,089)|86,585|
|||||17,396|309,258|(240,069)||
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|Net current|Nst Assets|
|---|---|
|assets
/||
|(lleblguss)||
|2||
|108,750|108,750|
|108,750|108,750|
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|Prevtous year|Prevtous year|
|---|---|
|Unrestricted|funds|
|General||
|General||
|Net current|Net Assets|
|---|---|
|assets I||
|Issbslses)||
|8||
|86,888|86,888|
|86,886|86,688|
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|||2021|2020|
|---|---|---|---|
|||f|8|
|INCOIBE AND ENDOWMENT||||
|Donations
and legacies||||
|Donations||211,626|247,720|
|Grants receivable||27486|26,000|
|||238,912|272,720|
|Charitable
activities||||
|Income from charitable|activities|43,984||
||||38,469|
|Investments||||
|Sank interest receivable|||79|
|||22||
|Total Incoming resources||282,918||
|EXPENDITURE||||
|Charitable
activities||||
|Cost ofdirect charitable|activity|(246,385)|(222,613)|
|||(248,386)|(222,613)|
|SUPPORT COSTS||||
|Governance
costs||||
|Governance
costs||(19,469)|(17,456)|
|||(19,469)|(17,468)|
|Total resources expended||(284,864)|(240,089)|
|Net Income||18,064|Bg,f89|
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|||2021|2020|
|---|---|---|---|
|INCOME AND ENDOWMENT||||
|Donations snd legacies||||
|Donations||211,626|247,720|
|Grants receivable||27,288|25,000|
|||238,912|272,720|
|Charitable
activities||||
|Income from charitable|activities|43,984|36,459|
|||43,984|38.459|
|Investmente||||
|Bank interest receivable||22|79|
|Total Incoming resources||282,918|309,258|
|EXPENDITURE||||
|Charitable
activities||||
|Cost ofdirect chsrhable|activity|(245,385)|(222,613)|
|||(245,385)|(222,613)|
|SUPPORT COSTS||||
|Governance
costs||||
|Governance
costs||(19,469)|(17,456)|
|||(19,489)|(17,466)|
|Total resources expended||(204,854)|(240,089)|
|Net Income||18,084|89,168|