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|||||||Page|
|---|---|---|---|---|---|---|
|Company|Information||||||
|Directors'|Report||||||
|Accountants'<br>Report|||||||
|Income and Expenditure|||Account||||
|Balance|Sheet||||||
|Notes to|the Financial|Statements||||7—<br>9|
|The following<br>pages||do|not form|part ofthe statutory|accounts:||
|Detailed|Income and|Expenditure||Account||10—<br>ll|





|||Nu-Life Christian|Trust|
|---|---|---|---|
|||Coinpany<br>information||
|||ForThe Year Ended 31|March 2021|
|Directors||Edak Efefiong EAiom||
|||Kayode Olayinka<br>Adesiyan||
|||Ijeoma Nmema<br>Udechukwu||
|Secretary||Ijeoma Nmema<br>Udechukwu||
|Company|Number|05348864||
|Registered|Office|Suite 25, First Floor. Unimix House Abbey Road||
|||Park Royal||
|||London||
|||London||
|||NW10 7TR||
|Accountants||Elliot Akins &Co||
|||Chartered<br>Certified Accountants||
|||1stFloor, Cavendish<br>House, 369Burnt Oak Broadway||
|||Edgware||
|||HA8 5AW||





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|||||2021|2020|
|---|---|---|---|---|---|
||||Notes|||
|TURNOVER||||204,321|295,959|
|Cost ofsales||||(55,752)|(84,745)|
|GROSS SURPLUS||||148,569|211,214|
|Administrative|expenses|||(204,095)|(220,306)|
|Other operating|income|||5,876||
|OPERATING|DEFICIT|||(49,650)|(9,092)|
|Other interest receivable||and similar income|||I|
|Interest payable|and similar charges||||(523)|
|DEFICIT FORTHE FINANCIAL YEAR||||(49,650)|(9,614)|





||||2021||2020|
|---|---|---|---|---|---|
|||Notes||||
|FIXEDASSETS||||||
|Tangible Assets||||1,803||
|||||1,803||
|CURRENT ASSETS||||||
|Debtors|||2,000|||
|Cash at bank and in hand|||42,455||43,895|
||||44,455||43,895|
|Creditors: Amounts<br>Falling Due Within One<br>Year|||(3,013)||(1,000)|
|NET CURRENT ASSETS(LIABILITIES)||||41,442||
|TOTAL ASSETS LESSCURRENT<br>LIABILITIES||||43,245||
|Creditors: Atnounts<br>Falling Due After More<br>Than One Year||||(50,000)||
|NET (LIABILITIES)/ASSETS||||(6,755)||
|Income and Expenditure|Account|||(6,755)||
|MEMBERS' FUNDS||||(6,755)||





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|3.|Tangible Assets|||||||
|---|---|---|---|---|---|---|---|
|||||Fixtures|dr|Computer|Total|
|||||Fittings||Equipment||
|Cost||||||||
|As|at<br>1 April 2020|||26,484|||26,484|
|Additions||||||2,404|2,404|
|As|at 31 March 2021|||26,484||2,404|28,888|
|Depreciation||||||||
|As|at I April 2020|||26,484|||26,484|
|Provided<br>during<br>the period||||||601|601|
|As|at 31 March 2021|||26,484||601|27,085|
|Net Book Value||||||||
|As|at 31 March 2021|||||1,803|1,803|
|As|at<br>1 April 2020|||||||
|4.|Debtors|||||||
|||||||2021|2020|
|Due after more than||one year||||||
|Prepaid<br>rent||||||2,000||
|||||||2,000||
|5.|Creditors: Amounts||Falling Due Within One Year|||||
|||||||2021|2020|
|||||||f||
|Other taxes and social||security||||1,076||
|Net|wages|||||1,437||
|Accruals and deferred||income||||500|1,000|
|||||||3,013|1,000|
|6.|Creditors: Amounts||Falling Due After More Than One Year|||||
|||||||2021|2020|
|||||||f||
|Bounce back loan||||||50,000||
|||||||50,000||





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|||||2021||2020|
|---|---|---|---|---|---|---|
|TURNOVER|||||||
|Tithes fk Offering|||||163,719|225,493|
|Gift Aid|||||40,602|70,466|
||||||204,321|295,959|
|COSTOFSALES|||||||
|Ministerial<br>Welfare|||39,431|||54,966|
|Conference expenditure|||16,321|||29,779|
||||||(55,752)|(84,745)|
|CROSS SURPLUS|||||148,569|211,214|
|Administrative<br>Expenses|||||||
|Wages and salaries|||20,000||||
|Employers<br>NI|||1,548||||
|Protective clothing|||721||||
|Travel and subsistence|||3,822|||4,500|
|Rent|||66,654|||67,607|
|Rates|||6,126|||6,072|
|Light and heat|||308|||978|
|Repairs and maintenance|||6,081|||2,272|
|Hire and leasing ofmotor|vehicles||6,008|||6,281|
|Vehicles - General costs|||13,675|||16,610|
|Computer<br>software, consumables||and maintenance|79|||914|
|Insurance|||5,106|||5,147|
|Printing,<br>postage and stationery|||5,437|||7,039|
|Publications|||3,459||||
|Training<br>seminars<br>and workshops|||419||||
|Telephone<br>and internet|||4,932|||6,633|
|Accountancy|||1,500|||1,500|
|Bank charges|||120|||567|
|Depreciation offixtures and fittings||||||4,984|
|Depreciation ofcomputer|equipment||601||||
|Sundry expenses|||1,771|||24,295|
|ivlembership<br>Support & Welfare|||30,056|||29,217|
|||||||...CONTINUED|