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|||||Unrestricted|Restricted|Endowment||Total|Funds||
|---|---|---|---|---|---|---|---|---|---|---|
||||Notes|Funds|Funds|Funds||2021||2020|
|||||||f,|||||
|INCOME|||||||||||
|Incoming resources from|donors||2|58,195||||58,195||47,269|
|Other incoming resources|||2a|0|||||2|56|
|TOTAL INCOMING RESOURCES|||||||||||
|RESOURCES EXPENDED|||||||||||
|Costs ofgenerating
funds|||||||||||
|Missionary
and Charitable|giving||3a|150.00||||150.00|||
|Activities directly relating|to the||||||||||
|work ofthe church|||3b|39,129||||39,129||29,089|
|Church management
and|administration||3c|4916|||0|4916||6273|
|TOTAL RESOURCES|EXPENDED||||||9|~4|||
|NET INCOMING/(OUTGOING)||RESOURCES|||||Q|~4||~11|
|GAINS AND LOSSESON INVESTMENTS|||||||||||
##
|||2021|2020|
|---|---|---|---|
|FIXEDASSETS||||
|Tangible Assets||301,330|305,346|
|CURRENT ASSETS||||
|Debtors 5Prepayments|660||660|
|Cash at Bank|58,564||39,895|
|Cash in Hand|643||643|
|COIF Charities Deposit Fund|21 082||21 080|
|||80949|62278|
|||382,279|367,624|
|CURRENT LIABILITIES||||
|Creditors
and Accruals||3 846|- 3 193|
|||378,433|364,431|
|LONG TERM LIABILITY||||
|Loan||||
|FINANCED BY:-||||
|ACCUMULATED
FUNDS||||
|Balance B/F|364,431||352,468|
|Prior Year Adjustment||||
|Add:
(Deficit)/Surplus|14002||11963|
|||KRAAL||
|APPROVED BYTHE BOARD OFTRUSTEES ON............... ...||||
|PASTOR FA ABATTI|||HON TREASURER|
|SENIOR APPOSTLEJFA AJALA ...|||CHAIRMAN|
##
##
##
|||||||||
|---|---|---|---|---|---|---|---|
|ING RESOURCES||Unrestricted|Restricted|Endowmen||Total Funds||
|||Funds|Funds|Funds||2021|2020|
|Incoming resourcesPom|donors|||||||
|Planned
giving:||||||||
|Tithes||28,196||||28,196|21,111|
|Missionary
Funds||||||||
|Collection (open plate) at all services||6,011||||6,011|6,696|
|Offering||3,760||||3,760|4,265|
|Harvest||622||||622|385|
|Building
fund||0||||0|30|
|Anniversary||12,273||||12,273|6,603|
|Thanks giving||7,144||||7,144|8,139|
|Others/Interest||190|||0|192|96|
|TOTAL INCOMING RESOURCES|||||||~4|
|||Page 7||||||
##
|||||Office|Office||||
|---|---|---|---|---|---|---|---|---|
|FIXEDASSETS|Freehold|~Sort|Musical|P~rintia||Fixtures|&||
||~Pro )et+|~Kui ment|E~ui men|E~ui|ment|F~ittin|s|Total|
||0%|20%|20%|10%||10%|||
|Cost|||||||||
|At
1 January 2021|293,952|1,500|8,500|29,088||11,072||344,112|
|Disposal|||||||||
|Addition|0|0|0||0||0|0|
|At 31December 2021|2~2K|||||||~4410|
|A
re ate De reciation|||||||||
|B/F - 1 January 2021||1,500|8,500||20,962|7,804||38,766|
|Disposal|||||||||
|Charge for the year|||0||2909|1 107||4016|
|At 31December 2021||||||||~4|
|Net BookValue|||||||||
|At 31 December 2021|||||||||
|At 31December 2020|||9||KG%|~||ZKM4|
|||||CHERUBIM AND SERAPHIM|CHERUBIM AND SERAPHIM|CHERUBIM AND SERAPHIM|CHERUBIM AND SERAPHIM|CHERUBIM AND SERAPHIM|CHURCH||
|---|---|---|---|---|---|---|---|---|---|---|
|||||SURULERE||AYO NIO||UK|TRUST||
||||NOTES|TO STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||FORTHE||YEAR ENDED||31DECEMBER2021||||
|||||||2021||||2020|
|TOTAL|INCOMING RESOURCES||||||||||
||Tithes|||28,196|||||21,111||
||Missionary
Funds||||||||||
||Collection(Open
Plate)|at all|Service||6,011||||6,696||
||Offering||||3,760||||4,265||
||Harvest||||622||||385||
||Building
fund||||0||||30||
||Anniversary|||12,273|||||6,603||
||Thanks giving||||7,144||||8,139||
||Others||||190|58,195|||40|47,269|
||Interest Irom Deposit|Accounts||||||2||56|
||||||||||58,197||
|EXPENDITURES|||||||||||
|A|MISSIONARY /CHARITABLE|||GIVING|||||||
||Missionary
giving||||150||150||||
|B|CHURCH RUNNING ACTIVITIES||||||||||
||Rents|||12,225|||||8,150||
||Light &Heating||||3,538||||2,590||
||Funeral Cost||||200||||100||
||Water Rate||||276||||143||
||Advertisement
&Flyers||||308||||||
||Honourarium|||1,775|||||||
||Harvest (Children &|Adult)||1,000|||||||
||Legal &Professional|fees|||||||||
||Chritmas
Party||||570||||263||
||Radio Broadcast||||||||||
||Printing Postages &|Stationeries|||426||||627||
||Telephone
Expenses||||1,047||||1,053||
||Anniversary/Summer|Fun|Day||181||||0||
||Insurance|||3,588|||||164||
||Church Officiating Materials||||55|25,189|||0|13,090|
|C|CHURCH MAINTENANCE||||||||||
||Church Cleaning||||||||||
||Repairs &Maintenance||||1,708||||7,819||
||Waste Removal||||856||||864||
||Decorations||||0||2,563||0|8,683|
|||||||Page|9||||
##
||EVANGELISM||||||||
|---|---|---|---|---|---|---|---|---|
||Transport &Travelling||9,731|||6,702|||
||Evangelism||1 168|10,899||250|6,952||
||WELFARE/COMMUNITY||EXPENSES||||||
||Welfare||478|||364|||
||Community
Expenses||0|478||0|364||
||ADMINISTRATION||||||||
||Sundry Expenses||||||||
||Pastorial Expenses||0|||1,057|||
||Accountancy
fee||900|||1,200|||
||Depreciation||4,016|||4,016|||
||Bank Charges||0|~4916|~44195|0|~6273|3~5362|
||NET INCOMING/(OUTGOING)||RESCOURCES||||||
|||||Unrestricted|Restricted|Endowment|Total Funds||
|||||Funds|Funds|Funds|2021|2020|
|3.|RESOURCES EXPENDED||||||||
|3a.|Missionary
and charitable giving:|||150|||150||
||||||||150||
|3b.|Activities directly relating to church work||||||||
||Church - running
expenses|||25,189|||25,189|13,090|
||Church maintenance|||2,563|||2,563|8,683|
||Evangelism|||10,899|||10,899|6,952|
||Welfare/Community|Expenses||478|||478|364|
|3c.|Church management|and administration|||||||
||Administration
1|||900|||900|2,257|
||Administration
2 (Depreciation)|||4,016|||4,016|4,016|
||Bank Charges|||0
4994'|0|0
g|0
~1|0
~27|
||TOTAL RESOURCES EXPENDED||||||~44||
||COFI - Charity Funds|||||Q|~22|~1|
##
##
|HSBC - Account No. 1|HSBC - Account No. 1||24,443|||24,443|17,810|
|---|---|---|---|---|---|---|---|
|HSBC —Account No. 2|||4,915|||4,915|2,474|
|Barclays Community
Account|||29205|0|0|29205|19611|
|||||||SLS4||
|COIF Charities Deposit||Fund||||||
|Balance B/f|||21,080|21,080||21,080|21,024|
|Add: HSBC|1|||||||
|Add Interest|||0|2|0|2|56|
||||0|21,082|0|21,082|21,080|
|Less Transfer|to Current Account(Barclays)|||||||
|Less Transfer|(Unpresented|Cheque)|0|0|0|0|0|
||||9||9,|||
||||Unrestricted|Restricted|Endowmen|Total Funds||
||||Funds|Funds|Funds|2021|2020|
|CREDITORS AND ACCRUALS||||||||
|Balance B/F|||1,993|||1,993|1,993|
|Less Payments||||||||
|Accountancy|and Book-keeping||1,853|||1,853|1,200|
|HMRC||||||||
|Others|||0||0|0|0|
|LONG TERM LIABILITY||||||||
|Loan||||||||
|Debtors B/F||||||660|660|
|Uncredited
transfer COIF||Charity Deposit||||||
|||||||660|660|