| Legal and Administrative | Information | Page 1 |
|---|---|---|
| Trustees' report |
Page 2to 13 | |
| Independent Examiner's |
report | Page 14 |
| Statement offinancial | activities | Page 15 |
| Balance sheet | Page 16 | |
| Notes to financial statements | Page 17to 20 |
| Notes | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| E | ||||||
| INCOMING RESOURCES |
||||||
| Incoming Resources from charitable |
activities: | 116,641 | 99,399 | |||
| Activities for generating | funds | 3,197 | 9,121 | |||
| Other incoming resources |
66,287 | 80,451 | ||||
| Total incoming resources |
186,125 | 188,971 | ||||
| RESOURCES EXPENDED | ||||||
| Charitable activities |
129,787 | 135,631 | ||||
| Total resource expended | 129,787 | 135,631 | ||||
| Net incoming/(outgoing)resources | for the year/ | |||||
| Net income / (expenditure) | for the | year | 56,337 | 53,340 | ||
| Total funds brought forward | 773,347 | 720,007 | ||||
| Total funds carried forward | 829,684 | 773,347 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| f | F. | |||||
| Nates | ||||||
| FIXED ASSETS | ||||||
| Tangible assets | 821,406 | 839,313 | ||||
| CURRENT ASSETS | ||||||
| Cash at bank and | in hand | 266,224 | 227,194 | |||
| Prepayment | 2,108 | |||||
| CREDITORS | ||||||
| amounts failings |
due within | one year | 2431.51 | |||
| Net current assets | 268,332 | 224,762 | ||||
| TOTAL ASSET LESS CURRENT | LIABILITIES | 1,089,738 | 1,064,075 | |||
| CREDITORS | ||||||
| Amounts falling |
due after more than one year | 7 | -260,054 | -290,728 | ||
| NET ASSETS | 829,684 | 773,347 | ||||
| FUNDS | ||||||
| General Purpose |
Fund | 828,884 | 773,347 |
| 2.ACflV | ITIES | FOR GENERATING FUND |
||
|---|---|---|---|---|
| 2021 | 2020 | |||
| f | f | |||
| Building | Fund | 300 | 6,365 | |
| Fund raising Sales | 2,897 | 2,756 | ||
| 3,197 | 9,121 | |||
| 3.INCOMING | RESOURCES FROM CHARITABLE ACTIVITIES | |||
| 2021 | 2020 | |||
| f | f | |||
| Tithes and Offerings | 104,958 | 85,273 | ||
| Tax reclaimed | on Gift Aids | 11,683 | 14,127 | |
| 116,641 | 99,400 | |||
| 4.OTHER INCOME | ||||
| 2021 | 2020 | |||
| f | f | |||
| Rent | 3,940 | 4,050 | ||
| Deposit | Interest | 10 | 144 | |
| Refund | 888 | 1,149 | ||
| Contribution | 836 | 649 | ||
| Gift | 3,963 | 40 | ||
| Tuition | Fee | 56,651 | 62,993 | |
| HMRC Covid Grant | 0 | 11,426 | ||
| 66,287 | 80,451 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| E | E | |||||
| Payment for the Ministers | 46,799.80 | 46,989 | ||||
| PAVE and Nl | 7,074.66 | 4,258 | ||||
| Pension | 245.43 | |||||
| Office Materials | 2,059.21 | 2,777 | ||||
| Insurance | 1,288.24 | 1,211 | ||||
| Donation &Gifts | 7,929.58 | 15,731 | ||||
| Bible,Cassettes, News | Papers etc. | 4,475.36 | 7,389 | |||
| Travel &Subsistence | 1,658.02 | 3,441 | ||||
| ITand Office machines | Maintenance | 1,188.59 | 455 | |||
| Telephone, Gas &Electricity |
2,188.57 | 5,322 | ||||
| Rent | 1,440.04 | |||||
| Conference &Training |
3,460.00 | |||||
| Catering &Refreshment |
1,997.00 | 1,095 | ||||
| Printing, Stationery, |
Photocopy, | Postage | 3,426.41 | 3,365 | ||
| Bank Charges | 340.58 | 670 | ||||
| Premises Expense |
5,224.17 | 3,209 | ||||
| Professional Fee |
0.00 | 1,440 | ||||
| Membership Fee |
540.00 | 290 | ||||
| Mortgage Payment |
9,554.91 | 11,088 | ||||
| Repair/Maintenance | of | Property | 2,350.00 | 363 | ||
| Depreciation | 26,546.79 | 26,539 | ||||
| 129,787 | 135,631 |
| Office Equipment | & | ||||
|---|---|---|---|---|---|
| Musical Instrument | Property | Total | |||
| At 01/01/2021 | 123,461 | 1,010,181 | 1,133,642 | ||
| Additions | 8,640 | 8,640 | |||
| Disposal | 0 | ||||
| 132,100 | 1,010,181 | 1,142,281 | |||
| Depreciation | |||||
| At 01/01/2021 | 104,454 | 189,875 | 294,329 | ||
| Additions | 6,343 | 20,204 | 26,547 | ||
| Disposal | 0 | ||||
| At 31/12/2021 | 110,797 | 210,079 | 320,876 | ||
| Net Book Value | |||||
| At 01/01/2021 | 19,007 | 820,306 | 839,313 | ||
| At 31/12/2021 | 21,304 | 800,102 | 821,406 |