Registered number 1111328 Dunamis Intemational Gospel Centre Accounts 31 May 2022
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Incoming resources | 273,004 | 251,068 | |
| Direct charitable expenditure |
(256,454) | (154,827) | |
| 16,550 | 96,241 | ||
| Fundraising and publicity |
|||
| Governance costs |
(28,429) | (8,772) | |
| Other operating income |
|||
| Operating (deficit)/surplus |
(11,879) | 87,469 | |
| Profit on the disposal oftangible | fixed assets | ||
| Profit on the disposal of investments | |||
| Gain on revaluation ofinvestments |
|||
| Income from investments | |||
| Interest receivable | |||
| Interest payable | |||
| (Deficit)/surplus for the year |
~(11,879 | 87,469 |
| as at 31 May 20 | 22 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 2022 | 2021f | |||||
| Fixed assets | |||||||
| Tangible assets | 25,401 | 8,885 | |||||
| 25,401 | 8,885 | ||||||
| Current assets | |||||||
| Debtors | |||||||
| Cash at bank and | in | hand | 221,314 | 211,598 | |||
| 221,314 | 211,598 | ||||||
| Creditors: amounts | falling due | ||||||
| within one year | 5 | (55,108) | (16,997) | ||||
| Net current assets | 166,206 | 194,601 | |||||
| Total assets less | current | ||||||
| liabilities | 191,607 | 203,486 | |||||
| Creditors: amounts | falling due | ||||||
| after more than one | year | ||||||
| Net assets | 191,607 | 203,486 | |||||
| Capital and reserves | |||||||
| Reserves | 191,607 | 203,486 | |||||
| Shareholder's funds |
191,607 | 203,486 |
| 3 | Tangible fixed asse | ts | |||
|---|---|---|---|---|---|
| Furniture | Nlotor | ||||
| and fittings | Equipment | vehicles | Total | ||
| Cost | |||||
| At 1 June 2021 | 0 | 14,306 | 7,192 | 21,498 | |
| Additions | 5,165.00 | 17,701 | 22,866 | ||
| At 31 May 2022 | 5,165 | 32,007 | 7,192 | 39,199 | |
| Depreciation | |||||
| At 1 June 2021 | 7,778 | 4,835 | 12,613 | ||
| Charge for the year | 1,033.00 | 4,846 | 471 | 6,350 | |
| At 31 May 2022 | 1,033 | 12,624 | 5,306 | 18,963 | |
| Net book value | |||||
| At 31 May 2022 | 4,132 | 19,383 | 1,886 | 25,401 | |
| At 31 May 2021 | 6,528 | 2,357 | 8,885 | ||
| 4 | Debtors | 2022 | 2021 | ||
| Gift aid tax recoverable | |||||
| 5 | Creditors: amounts | falling due within one year | 2022 | 2021 | |
| Bank loans and overdrafts | |||||
| Trade creditors | 500 | ||||
| Other creditors | 55,108 | 16,497 | |||
| 55,108 | 16,997 | ||||
| 6 | Creditors: amounts | falling due after one year | 2022 | 2021 | |
| Bank loans |
| This schedule does not | form part ofthe statu | tory accounts |
|||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Incoming resources | |||||
| Unrestricted funds |
|||||
| Donations | 272,677 | 251,068 | |||
| Income tax recoverable | |||||
| Other donations and grants |
|||||
| Other income | |||||
| Refunds and unpaid |
items | 327 | |||
| 273,004 | 251,068 | ||||
| Direct charitable expenditure |
|||||
| Honoraria and SOD |
2,803 | 2,750 | |||
| Worship materials |
9,686 | 7,387 | |||
| Projects, technical and educational |
41,731 | 32,829 | |||
| Welfare and support | costs | 25,311 | 48,339 | ||
| Travel, motor and oversea expenses | 20,047 | 22,722 | |||
| Training, staff and support costs |
13,561 | 19,370 | |||
| Premises and conference accomodation |
costs | 143,315 | 21,430 | ||
| 256,454 | 154,827 | ||||
| Governance costs |
|||||
| Printing, postage and other admin costs |
1,682 | 3,078 | |||
| Accountancy fees |
1,000 | 500 | |||
| Telephone, fax and |
website costs | 223 | 478 | ||
| Transport, travel and motor expenses |
615 | 923 | |||
| Depreciation | 2,221 | ||||
| Insurance | 127 | ||||
| Expensed equipment |
and repairs | 281 | |||
| Accountancy fees | |||||
| Advertising and PR |
17,207 | 860 | |||
| Other legal and professional | 166 | 712 | |||
| Depreciation | 6,350 | ||||
| Bank charges | 268 | ||||
| Sundry expenses | 510 | ||||
| 28,429 | 8,772 | ||||
| Legal and professional | costs: | ||||
| Audit fees | |||||
| Accountancy | |||||
| Solicitors fees | |||||
| Consultancy fees |
|||||
| Bookkeeping and payroll |
|||||
| Advertising and PR |
|||||
| Other legal and professional | |||||
| 284,883 | - | 163,599 |
| Dunamis International |
Gospel Centre | Gospel Centre | Gospel Centre | Gospel Centre | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Corporation tax computation |
||||||||||
| Tax reference | 1318504568 | |||||||||
| Period beginning | 1/06/21 | |||||||||
| Period ending | 31/05/22 | |||||||||
| Accounts period beginning | 1/06/21 | |||||||||
| Accounts period ending | 31/05/22 | |||||||||
| Adjustment oftrading |
profits | |||||||||
| Loss before tax per the | accounts | (11,879) | ||||||||
| Add back disallowable | expenses | |||||||||
| Donations | ||||||||||
| Depreciation | and | (profit)/loss | on | sale ofassets | 6,350 | |||||
| Other | ||||||||||
| Capital allowances | (4,529) | |||||||||
| Add back dividends payable |
on non-equity | shares included | in interest payable | |||||||
| Deduct non-trading income |
||||||||||
| Interest receivable | ||||||||||
| Property income |
||||||||||
| Other income | not | taxable | ||||||||
| Other adjustments | ||||||||||
| Finance lease | adjustments | |||||||||
| Leased cars | ||||||||||
| Other operating | lease adjustments | |||||||||
| Adjusted trading loss |
(10,058) | |||||||||
| Taxable profits | ||||||||||
| Trading loss | (10,058) | |||||||||
| Charity relief | ||||||||||
| Losses utilised | ||||||||||
| (10,058) | ||||||||||
| Interest receivable | ||||||||||
| Charity relief | ||||||||||
| Rental income | ||||||||||
| Net chargeable gains |
||||||||||
| Less: qualifying donations |
to | UK charities | ||||||||
| Taxable loss | 10,058 | |||||||||
| Days in accounting period |
falling | in each | tax year | |||||||
| Days falling | ||||||||||
| Tax year | in tax year | Days in year | ||||||||
| 2021 | 90 | |||||||||
| 2022 | 275 | |||||||||
| 365 | 365 | |||||||||
| Corporation tax payable |
||||||||||
| Taxable | ||||||||||
| Tax year | profit | Tax rate | Corp Tax | |||||||
| 2021 | 19% | |||||||||
| 2022 | 19% | |||||||||
| Corporation tax payable |
| Dunamis International |
Gospel | Gospel | Gospel | I:Capital | I:Capital | allowances | ||
|---|---|---|---|---|---|---|---|---|
| Tax reference | 1318504568 | |||||||
| Period beginning | 1/06/21 | |||||||
| Period ending | 31/05/22 | |||||||
| Summary | ||||||||
| General pool | 4,116 | |||||||
| Special rate pool | 413 | |||||||
| Short term asset pools | ||||||||
| Total capital allowances | 4,529 | |||||||
| General Pool | ||||||||
| Written down value brought |
forward | |||||||
| Disposal receipts | ||||||||
| Balancing allowance | ||||||||
| Balancing charge | ||||||||
| Expenditure qualifying for |
writing | down allowance | 22,866 | |||||
| 22,866 | ||||||||
| Relevant first year expenditure | ||||||||
| Other expenditure qualifying |
for first year allowance | |||||||
| Expenditure qualifying for |
annual | investment | allowance | |||||
| FYA in respect of relevant | FYA expenditure | |||||||
| f1000or less: write off | ||||||||
| Annual investment allowance |
||||||||
| Writing down allowance |
(4, 1 16) | |||||||
| (4, 116) | ||||||||
| Written down value carried |
forward | 18,750 | ||||||
| Special rate pool | ||||||||
| Written down value brought |
forward | |||||||
| Disposal receipts | ||||||||
| Balancing allowance | ||||||||
| Balancing charge | ||||||||
| Thermal installation expenditure |
||||||||
| Integral feature expenditure | 5,165 | |||||||
| Expenditure on a car that |
is | not a | main rate | car | ||||
| Expenditure on cushion gas |
||||||||
| 5,165 | ||||||||
| Expenditure qualifying for |
annual | investment | allowance | |||||
| Annual investment allowance |
||||||||
| Writing down allowance |
(413) | |||||||
| (413) | ||||||||
| Written down value carried |
forward | 4,752 | ||||||
| Total ofshort life asset | pools | |||||||
| Number of single asset pools | ||||||||
| Written down value brought |
forward | |||||||
| Disposal receipts | ||||||||
| Balancing allowances | ||||||||
| Balancing charges | ||||||||
| Expenditure qualifying for |
written | down allowance | ||||||
| Relevant first year expenditure |
||||||||
| Other expenditure qualifying |
for first year allowance | |||||||
| Expenditure qualifying for |
annual | investment | allowance | |||||
| FYA in respect ofrelevant | FYA expenditure | |||||||
| Other FYA | ||||||||
| Annual investment allowances |
||||||||
| Writing down allowances |