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2022-03-31-accounts
|
Legalandadministrativeinformation |
| Trustees |
Patrick Oguntoye |
|
AdebayoSanni |
|
Dorcas George |
| Registeredcharity number |
1080346Englandand Wales |
| Principal location |
UnitF3Ground Floor |
|
88MileEnd Road |
|
LondonE14UN |
| Accountants |
ElliotAkins &Co |
|
CharteredCertifiedAccountants |
|
1stFloor, Cavendish House |
|
369BwntOakBroadway |
|
Edgware |
|
MiddlesexHA8 sAW |
|
Contents |
|
|
|
Page |
| Trustees'report |
|
1.-2 |
| Independentexaminer'sreport |
|
J |
| Statement offinancial activities |
|
4 |
| Balance sheet |
|
5 |
| Notes to thefinancialstatements |
|
6-9 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
Notesfunds |
|
funds |
funds |
funds |
|
|
|
|
2022 |
2021 |
|
|
f, |
E |
f, |
f, |
| Incomingresources |
|
|
|
|
|
| Incomingresourcesfromgeneratedfunds: |
|
|
|
|
|
| Voluntaryincome: donations |
2a |
41.,732 |
|
41,,732 |
7L,89g |
| Activities infurtherance of charitable activities |
2b |
|
|
|
|
| Investrnent income |
2c |
|
|
|
|
| Total incomingresources |
|
4'l_,732 |
|
4'1,,732 |
7L,899 |
| Resourcesexpended |
|
|
|
|
|
| Charitableactivities: |
|
|
|
|
|
| Religious organisations: donations |
J |
480 |
|
480 |
100 |
| Other charitable purposes |
4 |
'1,,582 |
|
1,582 |
|
| Relief ofpoverty |
5 |
|
|
|
|
| Governancecosts: |
|
|
|
|
|
| Management and administrativescosts |
6 |
41,,393 |
|
41,393 |
42,450 |
| Totalresourcesused |
|
4345s |
|
43,455 |
42,550 |
| Net incomingresources |
|
(1,723) |
|
(1,723) |
29,349 |
| Net movementin funds |
7 |
(1,723) |
|
(1,,723) |
29,349 |
| Balanceatt.Aprilh0?l |
|
34,664 |
|
34,664 |
5,315 |
| Balanceat37March2022 |
8 |
32,94'1. |
|
32,941 |
34,664 |
|
|
2022 |
2021. |
| Fixedassets |
Notes |
f, |
f, |
| Intangibleassets |
9 |
20,000 |
24,000 |
| Tangibleassets |
|
|
|
|
|
20,000 |
24,000 |
| Currentassets |
|
|
|
| Debtors |
10 |
|
|
| Cash atbankandin hand |
|
25,576 |
29,599 |
|
|
25,576 |
29,599 |
| Creditors: amountsfalling |
|
|
|
| duewithinoneyear |
11 |
(9,701) |
(9,201) |
| Net currentassets |
|
15,875 |
20,399 |
| Totalassetslesscurrent |
|
|
|
| liabilities |
|
35,875 |
44,398 |
| Creditors: amountsfallingdue |
|
|
|
| after more thanoneyear |
|
(2,934) |
(9,734) |
| Netassets |
|
32,941 |
34,664 |
| Reserves |
|
|
|
| Accumulatedreserves |
8 |
34,664 |
5,315 |
| Surplusforthe year |
|
(1,723) |
29,349 |
| Totalfunds |
|
32,941 |
34,664 |
| 2b |
Activitiesinfurtherance of charitableactivities |
2022 |
2021, |
|
|
|
f. |
tr |
|
|
Otherincome |
|
|
|
| 2c |
Investment income |
2022 |
2021 |
|
|
|
f |
c |
|
|
Rent received |
|
|
|
|
Bank interest received |
|
|
|
| 3 |
Resourcesexpendedoncharitableactivities |
2022 |
2021. |
|
|
|
t |
t |
|
|
Donations |
480 |
|
100 |
|
|
430 |
|
100 |
| 4 |
Resourcesexpendedonother charitable |
2022 |
2021 |
|
|
activities |
F |
€ |
|
|
Books& publications |
|
|
|
|
Youth &Sunday school |
|
|
|
|
Conferences, retreats and aruriversaries |
1,,582 |
|
|
|
Publicity |
|
|
|
|
Musicalconcert andrecording |
|
|
|
|
Transportation |
|
|
|
|
|
'1,,582 |
|
|
| 5 |
Resourcesexpended onpovertSrrelief |
2022 |
2027 |
|
|
|
E |
f, |
|
|
Hospitality |
|
|
|
| 6 |
Governancecosts: |
|
|
2022 |
2021 |
|
Expenditureonmanaging/administering |
|
|
E |
c |
|
thecharity |
|
|
|
|
|
Rent andrates |
|
|
34,625 |
35,000 |
|
Loaninterest |
|
|
|
|
|
Cleaning |
|
|
|
|
|
Accountancy |
|
|
1,000 |
1,000 |
|
Secretarialexpenses |
|
|
|
|
|
Legal and professional |
fees |
|
|
|
|
Bankcharges |
|
|
138 |
81 |
|
Insurance |
|
|
L,630 |
1,595 |
|
Sundryexpenses |
|
|
|
774 |
|
Depreciation |
|
|
4,000 |
4,000 |
|
|
|
|
41,393 |
42,450 |
| 7 |
|
|
|
|
|
|
Net movementinfunds fortheyear |
|
|
2022 |
2021. |
|
|
|
|
f, |
E |
|
Net movement in fundsisstated after charging: |
|
|
|
|
|
Depreciationofintangible fixedassets. |
|
|
4,000 |
4,000 |
| 8 |
|
|
|
|
|
|
Funds |
UnrestrictedRestricted |
|
Total |
Total |
|
|
Funds |
Funds |
Funds |
Fulds |
|
|
|
|
2022 |
2021 |
|
|
E |
f, |
f, |
f, |
|
AtApril |
34,664 |
|
34,664 |
5,315 |
|
Surplus foryear |
(1,723) |
|
(1,723) |
29,349 |
|
At31March |
32,941 |
|
32,941 |
34,664 |
| 9 |
Intangible fixedassets |
|
|
|
|
Goodwill |
Total |
|
Cost |
f, |
E |
|
atlAprtJ2021 |
40,000 |
40,000 |
|
At31March2022 |
40,000 |
40,000 |
|
Depreciation |
|
|
|
atLApril2021 |
16,000 |
16,000 |
|
Chargeforyear |
4,000 |
4,000 |
|
At31}'/.arch2022 |
20,000 |
20,000 |
|
Net bookvalue |
|
|
|
At31l[./.arch2022 |
20,000 |
20,000 |
|
At31March2021 |
24,000 |
24,000 |
|
|
2022 |
2021. |
| 10 |
Debtors |
E |
f |
|
Sundrydebtors |
|
|
| 11, |
Creditors: amountsfallingdue |
2022 |
2021 |
|
withinoneyear |
f. |
E |
|
Other credidors&accruals |
9,701 |
9,201 |
|
|
9,701 |
9,201 |