|Reports||||| |---|---|---|---|---| |Reference and Administrative||Details|1|| |Trustees'
Report incorporating||Strategic||| |Report||||| |independent
Examiners'|Report|||| |Financial Statements||||| |Statement ofFinancial|Activities|||| |Balance Sheet||||| |Cash Flow Statement||||| |Notes to the financial|statements|||12| ## ## ## ## ||Trustees|Trustees|Folashade
Ajiboye(Chair)
Abiodun
Atanda|Folashade
Ajiboye(Chair)
Abiodun
Atanda|Folashade
Ajiboye(Chair)
Abiodun
Atanda| |---|---|---|---|---|---| ||||Koiawole Lambo||| ||||Mark Amadi||| |As at date of|financial||||| |statements|approval||||| |Church||Pastor|Mark Amadi||| |Registered||office|Fountain
ofPeace
3 Staffa Road||Ministries| ||||Leyton||| ||||London, E107PY||| |Charity||number|1108499 (England||and Wales)| |||Bankers|HSBC Bank||| ||||190 Deptford|High|Street| ||||London||| ||||SE84RQA||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted
funds
F'000|Restricted
general
funds|Restricted
general
funds|Restricted
fixed
assets|Total
funds
2021||Total
funds
2020| |---|---|---|---|---|---|---|---|---| ||Notes|||||||| |Incoming resources||||||||| |incoming
resources from||||||||| |generated
funds
.Voluntary
income
. Other Government
Grants||45,312||79,665||79665
45312||24449
53822| |. Investment
income||||||||| |Incoming resources from||||||||| |charitable
activities
.Tithe and Offering
Activities for Generating
Funds
Total incoming
resources|5
5a|120,102
61,424
226,838||79,665||120,102
61,424
306,503|148,908
85,807
312,986|| |Resources expended||||||||| |Cost
of
generating
voluntary||||||||| |income||||||||| |Charitable
activities
. Charity's
operations
Governance
costs
Total resources expended||243,295
3,900
247,195||||243,295
3,900
247,195||181,089
1,250
182,339| |Net
incoming
resources
before transfers
and other
recognised
gains and losses||(20,357)||79,665||59,308||130647| |Transfers||||||||| |Gross transfers
between funds||||||||| |Other recognised
gains and||||||||| |losses||||||||| |Unrealised
gain
on
endowment||||||||| |fund||||||||| |Actuarial
(loss) gain on defined||||||||| |benefit pension scheme
Net movement
in funds||(20,357)||79,665||59,308||130,647| |Fund balances brought
forward||91,757||165,263||257020||126373| |at 1 September
2020||||||||| |Fund balances carried||71,400||244,928||316,328||257,020| |forward at 31 Au
ust 2021||||||||| ||||||2021|||2020|| |---|---|---|---|---|---|---|---|---|---| |Fixed assets
Tangible assets|||10||||||| |investments|||||||||| |Current assets|||||||||| |Debtors
Cash at bank and in|hand|||376 328
316,328|||257,020
257,020||| |Current liabilities|||||||||| |Creditors: amounts|falling due||||||||| |within one year|||||||||| |Net current assets
Net assets excluding||pension|||316,328|||257,020|| |liability
Pension scheme asset/iliability)|||||||||| |Net assets including||pension|||316 328|||257,020|| |liability|||||||||| |Represen'ted
by:|||||||||| |Funds and reserves|||||||||| |Endowment
funds|||||||||| |Restricted funds
.Fixed assets
. General|||||244 928
244,928|||165 264
165,264|| |unrestricted
fun ds
. General
fund||||||71,400
71,400|||91 756
81.756| ||||||316328|||257,020|| |Total Reserves|||||||||| ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||Notes|||| |Cash inflow from operating
activities||||||| |||||9|59,308|130,647| |Net cash inflow from operating
activities||||||| |Returns on investments
and servicing offinance||||||| |Interest received||||||| |Capital expenditure
and financial|investment|||||| |Capital expenditure
Financial
investment
of endowment|monies|||||| ||||||59,308|130,64| |Increase/(decrease)
in cash||||||| ||||||2021|2020| |Reconciliation
of net cash flow|to movement|in net funds|||59,308|130,647| |Increase/(decrease)
in cash|||||257,020|126,373| |Net funds at 1 September 2020|||||316,328|257,020| |Net funds at 31 August 2021||||||| ## ## |urpose, or contributions
s
. Voluntary
income|ubject to d|onor imposed|.||| |---|---|---|---|---|---| |||||2021|2020| |||Unrestricted
funds
PQOO|Restricted
funds
FOQO|Total
funds
HOGG|Total
funds
KGGG| |Donations|||79,665
79,665|79,665
79,665|24,449
24,449| |3. Other Government|Grants|Unrestricted
funds|Restricted
funds|2021
Total
funds|2020
Total
funds| |HMRC —Gift Aid
HMRC —JRS||31,952
13,360
45,312||31,952
13,360
45,312|46,910
6,912
53,822| ## ## |4.|Investment|Income|Unrestricted
funds|Restricted
funds|2021
Total
funds|2020
Total
funds| |---|---|---|---|---|---|---| |5. Tithe and Offering|5. Tithe and Offering||Unrestricted
funds|Unrestricted
funds|Restricted
funds|Restricted
funds|2021
Total
funds|2020
Total
funds| |---|---|---|---|---|---|---|---|---| |Tithe and Offering|||120,102
120,102||||120,102
120,102|148,908
148,908| |5a Activities for Generating|||Funds
Unrestricted
funds||Restricted
funds||2021
Total
funds|2020
Total
funds| |Lettings income||||61,424
61,424|||61,424
61,424|85,807
85,807| |6. Charitable
activities —Church's||||operations|||2021|2020| |Direct costs|||||||3,537|1,432| |Audio visual|&,IT expenses||||||11,618|3,606| |General
administration|||||||7,576|3,665| |'Insurance||||||||925| |Leadership|training
and|development||||||1,175| |legal fees
Missionary|activities||||||1,439
8,650|2,326
8,261| |Power and|light||||||2,255|3,847| |Printing
&|communications||||||28,199|7,788| |Programme|& events||||||97,058|107,764| |Rent|||||||6,581|4,172| |Repair 8 maintenance|||||||41,095|28,500| |Salaries &|wages||||||6,900|1,701| |Transportation|||||||417|942| |Water|||||||14,575|2,847| |Welfare|||||||10,740|2,138| |Social and|Community|Integration|||||2,655|| |Cleaning|||||||243,295|181,089| |||||||||14| ## ## ## ## |||costs||||| |---|---|---|---|---|---|---| |7. Gov|ernance||||2021|2020| |Legal and|professional|fees|||3,200|| |Auditors'|remuneration
Independent|examination|of financial|statements|700
3,900|1,250
1,250| ## |8. Resources|Expen|ded|||||| |---|---|---|---|---|---|---|---| |||||Staff Costs|Non pay
Premises|expenditure
Other costs|Total
2021| |Church's
operations|||||||| |Cost ofgenerating
Direct costs|voluntary|income||41,095
41,095|120,828
120282|123,014
123,014|243,295
243,295| |Governance
costs|including|allocated|support|||3,900|3,900| |costs||||41,095|120,282|126.914|247,195| ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |(Deficit)/surplus
on|continuing|operations||after depreciation|ofassets|59,308|130,647| |at valuation|||||||| |Depreciation|||||||| |Interest receivable|(note 4)||||||| |(Increase)/decrease|in debtors||||||| |(Decrease)/increase
in creditors
Net cash inflow from operating|||activities|||59,308|130,647| ## |10.Tangible fixed a|ssets|||| |---|---|---|---|---| |||Computer||| |||equipment|Furniture|| |||8|fittings 8|| ||Buildings|software|equipment|Total| |Cost||||| |At 1 September 2020|||54,387|54,387| |Additions||||| |Transfers||||| |Disposals||||| |At 31 August 2021|||54,387|54,387| |Depreciation||||| |At 1 September 2020|||54,387|54,387| |Charge for period||||| |Disposals||||| |At 31 August 2021|||54,387|54,387| |Net book values||||| |At 31 August 2021||||| |At 31 August 2020|||||