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||||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|
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|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|
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