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2022-12-31-accounts

Status The organization is a registered Charity.
Charity Number 1115710
Registered Office Third Floor,
28 —30Victoria Street,
mouton
Bedfordshire
LU1 2UA
Management Board Pastor S.o.Ojuwasola Trustee
Pastor E.A Adeosun. Trustee
Elder A.S.P.Adeu.si Trustee
Dm O.S.Opoola Trustee
Dcn A.E.Jonathan Trustee
Dcn A.M. Adekanle Trustee
Mr A.H. Oluwasola TrLIstee
Bankers HSBC Bank Plc
63 George Street
Luton
Beds
LUE 2AP

2022 2021
Curreat Assets
Cash at Bank and in Hand 1,973.05 2,778.44
Cash at hand Project (Secured)
Creditors
Unsecured
Loan
41,298.78 39,188.00
Total Income 429,878.55 279,825.14
Total Expenditure 427,905.50 277,046.70
Total Balance 39325.73 36409.56

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Staffcosts were as follows;
Z022 2023
Salaries and Wages
National
1nsurance'
180,000.00 99,500.00
Employers
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1.
,6S0.25
1,37].75
Total emoluments paid to staff were: 181680.25 100871.75

FumitUre 2022
Building Equipments k Fittings Van Total
K
COST
At 1 January 2022 11,037.99 360.25 11,398.24
Additions
in Year
5,150,00 5,150.00
Disposals
in Year
385.00 140.00 52S.OO
At 31December 2022 15802.99 220.25 16023.24
DEPRKCIATIOIN
At 1 January 2022
Within the year 4l0.00 410.00
Destroys within the year
Disposals
in the year
95.00 95.00
At 31December 2022 505.00 505.00
NET BOOK VAI UK
At 31 December 2021 11.037.99 360.25 1E,398.24
At 31 December 2022 15297.99 220.25 15 5l8.24

7.Analysis ofNet Assets between Fends :
2022 2021
Tangible Fixed Assets 15,518.24 11,287.ES
Current Assets (Cash at hand) 1,973.05 2,778.44
Unsecured
Loan
(36,980.84) (39,188.00)
Net Assets as at 31 December 2020 -19489.55 -25 122.41