OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

2021 2021 2021 2020
Unrestricted Restricted Total Total
Notes Funds
5		 Funds
f		 Fundsf Funds
5
INCOME
Donations
and Legacies		 3a 51,536 9,649 61,185 86,322
Charitable
Activities		 3b 0 0 0 0
Investments 3c 0 0 0 0
51,536 9,649 61,185 86,322
Asset and investment sales
Loan repayments
received
TOTAL INCOMING RESOURCES 51,536 9,649 61,185 86,322
EXPENDITURE
Raising Funds 4a 317 0 317 57
Charitable
Activites		 4b 47,148 28,717 75,865 50,063
Other 4c 0 0 0 0
47,465 28,717 76,182 50,120
Asset end investment purchases
Loans made 0 0
TOTAL RESOURCES EXPENDED 47,465 28,717 76,182 50,120
Net Incoming Resources 4,071 (19,068) (14,997) 36,202
Total Funds Brought Forward 20,595 55,953 76,549 40,347
TOTAL FUNDS CARRIED FORWARD 24,666 36,885 61,551 76,549

2021 2021 2021 2020
Unrestricted Restricted Total Total
Notes Funds
5		 Funds
f		 Fundsf Funds
5
INCOME
Donations
and Legacies		 3a 51,536 9,649 61,185 86,322
Charitable
Activities		 3b 0 0 0 0
Investments 3c 0 0 0 0
51,536 9,649 61,185 86,322
Asset and investment sales
Loan repayments
received
TOTAL INCOMING RESOURCES 51,536 9,649 61,185 86,322
EXPENDITURE
Raising Funds 4a 317 0 317 57
Charitable
Activites		 4b 47,148 28,717 75,865 50,063
Other 4c 0 0 0 0
47,465 28,717 76,182 50,120
Asset end investment purchases
Loans made 0 0
TOTAL RESOURCES EXPENDED 47,465 28,717 76,182 50,120
Net Incoming Resources 4,071 (19,068) (14,997) 36,202
Total Funds Brought Forward 20,595 55,953 76,549 40,347
TOTAL FUNDS CARRIED FORWARD 24,666 36,885 61,551 76,549

3.INCOME 2021 2021 2021 2020
Unrestricted Restricted Total Total
Funds Funds Funds Funds
6
a) Donations and Legacies
Tithes &Offerings		 49,267 9,649 58,916 74,295
Gift Aid reclaimed 2,269 0 2,269 12,027
Fountain of Life Church, Lagos - Support 0 0 0 0
51,536 9,649 61,185 86,322
b) Charitable Activities
Sale ofGoods
Sale ofTickets
0 0
c) Investments
Bank Interest 0 0 0 0
0 0
Total income 51,536 9,649 61,185 86,322

2021 2021 2021 2020
4. EXPENDITURE Unrestricted Restricted Total Total
Funds Funds Funds Funds
6 f 5 5
a) Raising Funds
Cd's & Publications		 275 275 0
Printing
of brochure		 and fliers 42
317		 42
317		 57
57
b) Charitable Activities
Donations		 5,279 0 5,279 4,203
Honorarium 350 0 350 750
Musicians 6,600 0 6,600 7,590
Room Hire 0 0 0 3,811
Event Costs 0 0 0 10
Welfare & Hospitality 1,501 0 1,501 1,155
Wages
Pension		 15,773
684		 0
0		 15,773
684		 13,436
526
Office &Storage Rent 6,054 19,488 25,542 11,689
Rates 311 0 311 0
Cleaning 336 300 636 0
Travel expenses 100 0 100 764
Training
and Seminars		 0 0 0 0
Office Telephone, postage and stationery 1,122 0 1,122 103
Repairs and renewals 14 4,115 4,129 0
Equipment
Costs		 4,212 4,814 9,026 344
Software Costs 196 0 196 187
Insurance 331 0 331 321
Subscriptions 508 0 508 844
Advertising
and Promotion		 2,427 0 2,427 2,977
Legal and Professional fees 129 0 129 0
Payroll
& Examiners		 fees 977 0 977 1,156
HMRC Interest 0 0 0 0
Bank Charges 242 0 242 198
Bank Interest 0 0 0 0
47,148 28,717 75,865 50,063
c) Other
Sundry expenses
Other

5.DETAILS OF CERTAI 5.DETAILS OF CERTAI 5.DETAILS OF CERTAI N ITEMS OF EXPENDITURE ITEMS OF EXPENDITURE
5.1 Fees for examination ofthe accounts 2021 2020
6 6
Independent
examiner's
fees
Other fees paid to the independent		 examiner 728
249
977		 716
439
1,156
6.FIXEDASSETS Computer Musical Fixtures 6 Total
Equipment Equipment Fittings Assets
Cost as at 01/01/21 3,251 8,063 1,673 12,987
Additions 1,000 653 5,833 7,486
Disposals 1,087 1,673 2,760
Cost as at 31/12/21 3,165 8,716 5,833 17,714
Current Value 3,165 8,716 5,833 17,714
7.CASH AT BANK 31/12/21 31/12/20
6 6
Current Account 1,126 2,321
Savings Account 56 56
Building Fund Account 50,40'I 73,209
51,583 75,586
8.RESTRICTED FUNDS Balance Balance
01-Jan-21 Income Expenditure 31-Dec-21
5 6 6 6
Building Fund 55,953 9,649 37,717 27,885
Total 55,953 9,649 37,717 27,885