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||||LEGAL AND ADMINISTRATIVE|LEGAL AND ADMINISTRATIVE|INFORMATION|INFORMATION||||
|---|---|---|---|---|---|---|---|---|---|
|Registered|Charity No.||1088157|||||||
|Trustees|||Pastor Taiwo Odukoya|||||||
||||Pastor Alfred Ohiani|||||||
||||pastor Robmi Okpaise|||||||
||||Pastor Ugochi Agbasimelo|||||||
||||Mr Abel Olagunju|||||||
||||Mr Dotun Fasanya|||||||
||||Pastor Akin Osinbajo|||||||
||||The exishng trustees
appoint||any|new trustees following|the provision||laid|
||||out in the charity's
governing||instrument|||||
|Correspondence||Address|16Upper Woburn Place|||||||
||||London|||||||
||||WC1H OAF|||||||
|Governing|Instrument||Associafion's
Consbtution|adopted 13th February 2001||||||
||||Charity Reisstration
22nd August|||2001||||
|Objects|||Toadvance
rely'on
in accordance|||with the tenets ofthe Pentecostal|||denomination|
||||in England
and Wales, and to promote other charitable||||work of|the denomination,||
||||in particular
by holding services ofwomhip,
Bible dasses and Sunday||||||Schools.|
|Statement|ofFinancial||The a5ached statement|offinancial acbviiies with accompanying||||notes||
|Activities|||set out atrue and fair view of||the finances ofthe charity||forthe|period.||
|Primary Bankers|||Bardays Bank|||||||
|Independent|Examiner||Tove Accountancy
Ltd|||||||
||||Office 6, Town
Hall|||||||
||||86Watling Street East|||||||
||||Towcester|||||||
||||Northants|||||||
||||NN12 6BS|||||||
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||||2020|2020|2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
|||Notes|E||5|8|
|INCOME|||||||
|Donations
and Legacies
Charitable
Acbvities||3a
3b|0|17,468
0|0|92,052
55|
|Investments||3c|0|0|0|0|
|||||17,468|86,322|92,107|
|Asset and investment|sales||||||
|Loan repayments
received|||||||
|TOTAL INCOMING RESOURCES||||17,488||92,107|
|EXPENDITURE|||||||
|Raising Funds
Chsritsble
Activites|||57
50,063|0
0|57
50,063|270
74,235|
|Other|||0|0|0|0|
||||50,120|0|50,120|74,504|
|Asset and Investment|purchases||||||
|Loans made||||0|0||
|TOTAL RESOURCES EXPENDED|||50,120|0|50,120|74,504|
|Net Incoming Resources|||18,734|17,468|36,202|17,603|
|Total Funds Brought Forward|||1,861|38,485|40,347|22,744|
|TOTAL FUNDS CARRIED FORWARD|||20,595|55,953|78,549|40,348|
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|||||2019|
|---|---|---|---|---|
|ASSETS|||||
|Cash Funds:|||||
||Prepaym ants
Regus Deposit
Bank||962
75,586|962
39,382|
||Cash||0|3|
|Represented|by:||||
||General Fund|||21,736|
||Restricted Funds|||18,611|
|||||40,346|
|Assets retained forthe Charity's own use:|||||
|Equipment|||12,987|14,239|
|LIABIUTIES|||||
|Accountants|Examination|Fees outstandng||716|
|Salaries|||||
|HMRC FAYE||||71|
|Nest Pension||||44|
||||835|832|
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||||||2020||2020|2020|2019||
|---|---|---|---|---|---|---|---|---|---|---|
|4.|EXPENDITURE||||Unrestricted||estdoted|Tohl|Total||
||||||Funds||Funds|Funds|Funds||
||||||8||&||8||
|a)|Raising Funds
Cd's &Publications|||||0||0||0|
|||Printing of brochure|and fliers|||57||57||270|
|||||||||57||270|
|b)|Charitable|Acthrities
Donations|||4,203|||4,203|3,425||
|||Honorarium||||750||750||0|
|||Musicians|||7,590|||7,590|16,590||
|||Room Hire|||3,811|||3,811|18,091||
|||Event Costs||||10||10||781|
|||Welfare 8 Hospitality|||1,155|||1,155|2,979||
|||Wages|||13,436|||13,436|13,284||
|||Pension||||526||526||505|
|||Oflice &Storage Rent|||11,689|||11,689|11,584||
|||Rates||||0||0||0|
|||Travel expenses||||764||764||942|
|||Training snd Seminan.||||0||0||275|
|||Office Telephone,|postage and|stationery||103||103||497|
|||Repairs and renewals||||0||0||0|
|||Equipment
Costs||||||344||0|
|||Software Costs||||187||187||0|
|||Insurance||||321||321||303|
|||Subscriptions||||||844||723|
|||Advertising
and Promotion|||2,977|||2,977|2,956||
|||Legal and Professional fees||||0||0||120|
|||Payroll &Examiners fees|||1,156|||1,156|1,048||
|||HMRC Interest||||0||0||0|
|||Bank Charges||||198||198||132|
|||Bank Interest||||0||0||0|
|||||||||50,083|74,235||
|c)|Other|Sundry expenses||||||0||0|
|||Other||||||0||0|
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|5.DETAILS OF CERTAIN ITEMS OF EXPENDITURE|5.DETAILS OF CERTAIN ITEMS OF EXPENDITURE|5.DETAILS OF CERTAIN ITEMS OF EXPENDITURE|5.DETAILS OF CERTAIN ITEMS OF EXPENDITURE|5.DETAILS OF CERTAIN ITEMS OF EXPENDITURE|||||
|---|---|---|---|---|---|---|---|---|
|5.1Fees for examinaSon of|||the accounts|||2020||2019|
|||||||5||5|
|independent
examiner's fees
Other fees paid to the inde pendent||||examiner||716
439
1,15$||716
332|
|6.FIXEDASSETS|||||Computer|Musical|Fixtures 8|Total|
||||||Equipment|Equipment|Fittings|Assets|
||Cost as|at|01/01/20||4,743|7,823|1,673|14,239|
||Additions|||||240||240|
||Dieposals||||1,492|||1,492|
||Cost as|at|31/12/20||3,251|8,083|1,673|12,987|
||Current|Value|||3,251|8,063|1,673|12,S87|
|7.CASK AT BANK||||||31/1V20||31/12/19|
|||||||||8|
||Current Account|||||2,321||453|
||Savings|Account||||56||56|
||Building|Fund Account||||73,209||38,872|
|||||||75,588|||
|8.RESTRICTED FUNDS|||||Balance|||Balance|
||||||01-Jan-20|Income
5|Expenditure|31-Dec-20
f|
||Building|Fund|||38,485|17,468||55,953|
||Total||||38,4I5|17,488|||
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