| CONTENT | |||||
|---|---|---|---|---|---|
| Page | |||||
| Statutory | Information | ||||
| Report of | the Trustees | ||||
| Report of | the Accountants | 3-4 | |||
| Statement | of Financial | Activities | |||
| Balance Sheet | |||||
| Notes to the accounts | 7 - 10 | ||||
| This does | not form part | ofthe statutory | accounts | ||
| Income and Expenditure | Account |
| STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| Funds | Funds | |||
| Note | 2022 f |
2021 f |
||
| Incoming Resources |
||||
| Activities in furtherance of the charity's objects |
88,419 | 130,612 | ||
| Investment Income |
||||
| Total Incoming Resources |
89419 | 139612 | ||
| Resources Expended | ||||
| Cost of generating funds |
35,063 | 45,615 | ||
| Management and Administration |
78,618 | 53,566 | ||
| Total Resources Expended |
113681 | 99 1$1 | ||
| Net incoming resources other recognised gains |
before and losses |
(25,262) | 31,431 | |
| Other recognised gains |
and losses | |||
| Net movement In funds |
for the year | (25,262) | 31,431 | |
| Balance Brought Forward |
108,649 | 77,218 | ||
| Total funds as at 313uly 2022 | 83 382 | 108649 |
| WINNERS KINGDOI5I INTERNATIONA L C |
WINNERS KINGDOI5I INTERNATIONA L C |
WINNERS KINGDOI5I INTERNATIONA L C |
HRISTIAN | CENTRE | |
|---|---|---|---|---|---|
| REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 313ULY 2022 |
|||||
| AS AT 313ULY 2022 | |||||
| BALANCE SHEET | 2022 | 2021 | |||
| Fixed Assets: | Note | 1,056,849 | 1,069,010 | ||
| Tangible Fixed Assets |
|||||
| Current Assets Receivable Balance at bank and'In |
hand | ~3 554 53,554 |
62 755 62,755 |
||
| Curent Liabilities | |||||
| Creditors: Amount falling due within 1 y |
B | 3,900 | 46,654 | 62,755 | |
| Net Current Assets | |||||
| Creditors | |||||
| Amount due more than |
1 year | ||||
| Total Assets Less | ~1106 503 | 1131765 | |||
| Current Uabilities |
|||||
| Represented by: |
|||||
| General Funds Unrestricted Funds |
10 | 96,344 I/0101159 |
121,606 1,010I159 |
||
| Restricted Funds |
1106,503 | 1,131765 |
| NOTES FORMING PART OF THE FINANCIAL STA R |
TEMENTS (continued) | |
|---|---|---|
| .Incoming esources- Activities in furtherance of charity's objects Tithes and Offerings Building Fund GIR Aid |
2022 f 66,358 ~ll 222 77,580 10039 ~00 419 |
2021 f 72,809 ~7374 79,983 50629 130612 |
| 3.Investment Income |
2022 f |
2021 f |
| Interest received on bank deposit account |
||
| 4.Cost of Generating Incoming Resources Outreach events Publicity and Radio Ministry Love offerings Donations to other charities |
2022 f 1,860 7,092 10,851 15,260 |
2021 f 2,500 16,880 12,736 13,499 |
| 35063 | ~45 615 | |
| 5.Management and Administration Rent and Service charges Professional and Consultancy Fees Training and Educational Resources Travelling and Accomodation Postage and Stationery Telephone, Fax and Internet Building Maintenance and Repairs Insurance Utilities Honourarium Miscellaneous Accountancy and Bookkeeping Fees Bank charges Depreciation charged Transfer to Restricted Fund |
2022 f 1,035 450 5,355 11,063 770 1,638 15,596 3,611 12,799 2,278 4,100 2,240 1,622 16,061 70618 |
2021 f 1,035 450 2,000 1,841 847 17,765 1,711 5,655 2,003 878 2,240 1,080 16,061 ~53 566 |
| NOTES FORMING | PART OF | TH | E FINANCIAL | STATEM | ENTS (continued) | |
|---|---|---|---|---|---|---|
| 6.Tangible Fixed |
Assets | Freehold | Furniture | |||
| Cost Brought Forward |
1,018,790 | 136,539 | 56,914 | 1,212,243 | ||
| Additions | ||||||
| Carried forward |
1018,790 | 136539 | 56914 | 1212 243 | ||
| Depreciation Broug ht Forward Provided during |
the year | 94,222 10,579 |
49,012 1,580 |
143,234 12,160 |
||
| Carried forward |
104801 | 50,592 | 133394 | |||
| Net Book Vale At 31July 2022 |
1018,790 | 31,738 | 6322 | 1,056 849 | ||
| At 31July 2021 | 1018,790 | 42,317 | 7,902 | 1,069 009 | ||
| 7.Receivable Amount falling due within |
1 | year | 2022 f |
2021 f |
||
| GIR Aid Receivable | ||||||
| Sundry Debtors |
||||||
| Prepayments | ||||||
| B.Payables Amount falling due within |
1 | year | 2022 f |
2021 f |
||
| Mortgage Loan |
||||||
| Interest accrued | on Mortgage | |||||
| Sundry Creditors |
||||||
| Accrued Charges | ||||||
| 9.Creditors Amount falling |
due after | more than 1 year | 2022 f |
2021 f |
||
| Mortgage/Other | Loan |
| 10.General Funds | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Balance Brought Forward | E 121,606 |
E 90,175 |
|||
| Net movement in Funds |
for the | year | (25,262) | 316431 | |
| Balance Carried Forward |
96144 | 111606 | |||
| 11.Restricted Funds |
2022 | 2021 | |||
| E | E | ||||
| This represents amount |
provided | and | |||
| set aside for specific purpose. Members fund invested in the |
property | 1,010,159 | 1,010,159 | ||
| Refurbishment/Improvement | to | Property | 1010,109 | 1010199 |
| STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | 2022 | 2021 | ||
|---|---|---|---|---|---|
| I | E | ||||
| Incoming Resources |
|||||
| Tithes and Offerings Building Fund Gifts Aid Receivable |
66,358 11222 77,580 10030 88,419 |
72,809 7 174 79,983 50,629 130,612 |
|||
| Other Income | |||||
| Interest Received |
|||||
| 88,419 | 130,612 | ||||
| Resource Expended | |||||
| Cost of generating funds Outreach events Publicity and Radio Ministry Love offerings Donations to good causes |
1,860 7,092 10,851 15,260 |
2,500 16,880 12,736 13,499 |
|||
| 35 063 | 45615 | ||||
| Management and Administration Rates Professional and Consultancy Fees Training and Educational Resources Travelling and Accomodatlon Office Consumables Telephone, Fax and Internet Building Maintenance and Repairs Insurance Utilities M Iscella neous Hounourarium Accountancy and Bookkeeping Bank charges Depreciation charged |
1,035 450 5,355 11,063 770 1,638 15,596 3,611 12,799 2,278 4,100 2,240 1,622 16,061 |
1,035 450 2,000 1,841 847 17,765 1,711 5,655 878 2,003 2,240 1,080 16,061 |
|||
| 70610 | 53 566 | ||||
| Total Resource Expended | 113,681 | 99,181 | |||
| Excess of Incoming Resources Over Resource Expended |
25 262 | 31431 |