| Gospel Assembly | Gospel Assembly | Church | |
|---|---|---|---|
| INDEX | |||
| Page | |||
| Charity details | |||
| Trustees' Reports |
2- 3 | ||
| Independent Examiners |
Report | ||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to Financial | Activities | 7- 8 | |
| Detail Statement | ofFinancial Activities |
| Incoming | resources | nrestricted | Unrestricted |
|---|---|---|---|
| Fund | Fund | ||
| 2021 | 2020 | ||
| Voluntary Sources- Donation |
49008 | 35292 | |
| Gift Aids | 11251 | 18470 | |
| Grants | 0 | 10000 | |
| Total incoming resources |
60259 | 63762 | |
| Resources | Expended | ||
| Direct Charitable Expenditure: |
27836 | 9843 | |
| Management | Administration | 3854 | 4457 |
| Total Resources Expended | 31690 | 14300 | |
| Net Income resources for the year | 28569 | 49462 | |
| Fund brought | forward 1st April 2017 |
62473 | 13011 |
| Fund carried | forward 31st March 2018 | 91042 | 62473 |
| Page 6 | |||||||
|---|---|---|---|---|---|---|---|
| Gospel Assembly | Church | ||||||
| Balance Sheet | |||||||
| 31-Dec-21 | |||||||
| 2020 | 2019 | ||||||
| E | |||||||
| FIXEDASSETS | 444 | 607 | |||||
| CURRENT ASSETS | |||||||
| Bank 8 cash | 151,772 | 124,190 | |||||
| 151,772 | 124,190 | ||||||
| CREDITORS | |||||||
| Amounts falling due |
within one year | ||||||
| Accrual 8 deferred | income | 800 | 650 | ||||
| 800 | |||||||
| Net Current Assets | 150,972 | 123,540 | |||||
| 151,416 | 124,147 | ||||||
| CREDITORS (Long | term) | ||||||
| Amount due after more than one year | |||||||
| Loan | 60,374 | 61,674 | |||||
| 91,042 | 62,473 | ||||||
| ACCUMULATED | FUND | ||||||
| Retained Surplus |
Brought Forward | 6 | 62,473 | 13,011 | |||
| Surplus for the year | 28,569 | 49,462 | |||||
| Retained surplus CF |
91,042 | 62,473 |
| Fixed Assets | Fixture | ||||
| Fittings | Total | ||||
| equipment | |||||
| Cost | |||||
| 01-Jan-21 | |||||
| Additions | 1,080 | 1,080 | |||
| 31-Dec-21 | 1,080 | 1,080 | |||
| Depreciation | |||||
| 01-Jan-21 | 473 | 473 | |||
| Charge for the year | 163 | 163 | |||
| 31-Dec-21 | 636 | 636 | |||
| Net Book Values | |||||
| 31-Dec-21 | |||||
| 31-Dec-20 | 607 | 607 | |||
| 5 | Creditors amount | falling due with one year | 2,021 | 2,020 | |
| Bank overdraft | 0 | ||||
| Creditor and | accrual | 800 | 650 | ||
| Inland Revenue | |||||
| 800 | 650 | ||||
| 6 | Summary | ofAssets by Fund | 2021 | 2020 | |
| Unrestricted | funds | ||||
| Surplus bf |
62,473 | 13,011 | |||
| Surplus for | the year | 28569 | 49462 | ||
| 91,042 | 62,473 |
| For the year | needed | 31 Dece | mber 2021 | |||
|---|---|---|---|---|---|---|
| 8 | Total incoming | resources | Unrestricted | Unrestrict | ||
| Fund | Fund | |||||
| 2021 | 2020 | |||||
| Voluntary Sources- Donation |
49008 | 35292 | ||||
| Gift Aids | 11251 | 18470 | ||||
| Grants | 0 | 10000 | ||||
| Total incoming | resources | 60259 | 63762 | |||
| 9 | Direct Charitable Expenditure: |
|||||
| Pastor House |
Exp | 825 | 1000 | |||
| Adminstration, | confrence& Social | 12588 | 4590 | |||
| Donation | 6560 | 325 | ||||
| Rent -Hall Hire | 6907 | 1920 | ||||
| Home Mission | 408 | 425 | ||||
| Repairs &maintenace | 265 | 500 | ||||
| Travelling | 283 | 283 | ||||
| Oversea travel | 0 | 800 | ||||
| Direct Charitable Expenditure: |
27836 | 9843 | ||||
| 10 | Management | 8 administration | Expenditure | |||
| Legal &professional | 2700 | 2940 | ||||
| Accountancy | 650 | 650 | ||||
| Bank charges | 55 | 78 | ||||
| Depreciation | 163 | 203 | ||||
| Miscellaneeous | 286 | 586 | ||||
| Management | 8 administration | 3854 | 4457 | |||
| Total resources expended | 31690 | 14300 | ||||
| Net movement | in funds | for the year | 28569 | 49462 | ||
| FUND BALANCES | B/F | 62473 | 13011 | |||
| FUND BALANCES | C)F | 91042 | 62473 |