| Report ofthe Trustees | ||
|---|---|---|
| Independent Examiner's |
Report to the Trustees | |
| Statement of Financial |
Activities | |
| Statement of Financial |
Position | |
| Notes tothe Financial Statements | 5to 8 | |
| Detailed Statement of Financial Activities | 9to 10 |
| Name ofCharity | BALM OF GILEAD WORLD MINISTRIES TRUST | |
|---|---|---|
| Charity registration | number | 1115743 |
| Principal address | 3Wilce Avenue | |
| Wefiingborough | ||
| Norlhamptonshire | ||
| NNB 2QL |
| The trustees | and officers serving dur | ing the year and since the y | ear end were | as follows: |
|---|---|---|---|---|
| Ms Sidanisile | Ndlela | |||
| Mrs Miranda | Tapfumanei | Chakamanga | ||
| Independent | examiner | Emmanuel Mensah FMAAT |
||
| Ground Floor | West ONce | 10 | ||
| Nicholas House, River Front | ||||
| Enfield | ||||
| EN1 3TF |
| Notes | Unrestricted | 2020 | |||
|---|---|---|---|---|---|
| funds | |||||
| income and | endowments | from: | |||
| Donations | and legacies | 98,715 | 80,379 | ||
| Charitable | activities | 3,630 | |||
| Investments | 5 | ||||
| Otherincome | 4,413 | ||||
| Total | |||||
| Expenditure | on: | ||||
| Charitable | activities | 5/6 | (110,557) | P5,921) | |
| Other expenditure | (240) | ||||
| Total | (110,557) | (76,161) | |||
| Prior Year Adjustments | of | ||||
| Current Assets | 18,273 | ||||
| Net movement in funds |
7,848 | ||||
| Reconciliation offunds | |||||
| Total funds | brought forward | 38,602 | 30,754 | ||
| Total funds | carried forwrud |
| Notes | 2021 | 2020 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash at bank and in | hand | 50,478 | 22,421 | ||
| 50478 | 22r421 | ||||
| Creditors: amounts | felling due within one year | (1,027) | 16,181 | ||
| Net current assels | |||||
| Total assets less current liabilities | |||||
| Net assets | |||||
| The funds ofthe charily | |||||
| Unrestricted income |
funds | 49,451 | 38,602 | ||
| Total funds |
| ncome from | donations and legacies |
||
|---|---|---|---|
| 2020 | |||
| 6 | |||
| Unrestricted | funds | ||
| Donations received |
98,715 | 80,379 | |
| 98,715 | 80,379 | ||
| ncome from | charitable activities | ||
| 2020 | |||
| Core Church | Programmes | ||
| ROMFORD/LONDON | 380 | ||
| HIGH WYCOMBE | 2,566 | ||
| NORTHAMPTON | 684 | ||
| 3,630 | |||
| 3,630 |
| ther income | |||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| f. | |||||
| Unrestricted | funds | ||||
| Other Income | &Refund | 4,413 | |||
| osts ofcharitable activities by fund type | |||||
| 2026 | |||||
| Unrestricted | funds | ||||
| Core Church | Programmes | 74,959 | 71,961 | ||
| Supportcosts | 35,598 | 3,960 | |||
| 110,557 | 75,921 | ||||
| osts ofcharitable activities by activity type | |||||
| Acavltles | Support | 2020 | |||
| undertaken | costs | ||||
| dlmctly | |||||
| 5 | |||||
| Support costs | |||||
| Core Church | Programmes | 74,959 | 35,598 | 110,557 | 75,921 |
| nalysis ofsu | pport costs | ||
|---|---|---|---|
| 2021 | |||
| Core Church | Programmes | ||
| Bank charges | 112 | 1,378 | |
| Insurance | 410 | ||
| Other Professional | 18,899 | ||
| Support Costs | |||
| Subscriptions | &Dues | 77 | |
| Governance | costs | 16,174 | 2,172 |
| 3,960 |
| 8.Stet incomel(expenditure) | 8.Stet incomel(expenditure) | for the year | ||
|---|---|---|---|---|
| This isstated | after charging/(crediting): | |||
| 2020 | ||||
| Accountancy | fees | 117 | 1,261 | |
| Independent | examiner's | fees | 910 | 911 |
| 9.Staffcosts and emoluments | ||||
| Total staff costs for the | year ended 31December 2021were: | |||
| 2020 | ||||
| f | ||||
| Salaries and | wages | 26,795 | 30,777 | |
| 26,795 | ||||
| 2021 | 2020 | |||
| Support Stall |
| 10.Comparative for |
the | Statement ofFinancial Activmes | |||
|---|---|---|---|---|---|
| The comparative | year values on the Statement ofFinancial Activities are for unrestricted | funds. | |||
| 11.Creditors: amounts | faging due within one year | ||||
| 2020 | |||||
| Other creditors | (17,092) | ||||
| Accruals and deferred income | 1,027 | 911 | |||
| 1,027 | (16,181) |
| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Gains and | Balance at | ||
| 01I01I2021 | resources | resources | losses | 31I12I2021 | ||
| General | ||||||
| General | 38,602 | 103,133 | (110,557) | 18,273 | 49,451 |
| Unrestricted Funds - Previou |
s year | ||||
|---|---|---|---|---|---|
| Balance at | incoming | Outgoing | Gains and | Balance at | |
| 01/OII2020 | resources | resources | losses | 31712I2020 | |
| 6 | 6 | 6 | 6 | 6 | |
| General | |||||
| General | 30,754 | 84,009 | (76,161) | 38,602 | |
| P6,161) |
| These are funds the management | board or leadership | can apply attheir discretion | but within the objects ofthe |
|---|---|---|---|
| Church. |
| 13.Analysis of | net assets between funds | ||
|---|---|---|---|
| Net current | Net Acacia | ||
| assets I | |||
| giabilities) | |||
| f | |||
| Unrestricted | funds | ||
| General | |||
| General | 49,451 | 49,451 | |
| Previous year | |||
| Net current | tact Assets | ||
| aseetal | |||
| giabilibea) | |||
| 6 | |||
| Unrestricted | funds | ||
| General | |||
| General | 38,602 | 38,602 |
| 2021 | 2020 | ||
|---|---|---|---|
| INCOME AND ENDOWMENT | |||
| Donations and legacies | |||
| Donations | 86,166 | 80,379 | |
| HMRC Gift Aid | 12,549 | ||
| Charitable activities | |||
| ROMFORD/LONDON | |||
| HIGHWYCOMBE | 2,566 | ||
| NORTHAMPTON | 684 | ||
| 3,630 | |||
| Investments | |||
| Bank interest receivable | |||
| Other income | |||
| Other Income &Refund | 4,413 | ||
| Total incoming resources | 84,009 | ||
| EXPENDITURE | |||
| Charhable activides | |||
| Rent -Office &Parsonage | (21,791) | (24,466) | |
| Staffcosts - wages &salaries | (26,795) | (30,777) | |
| Donations toZimbabwe | Church | (18,045) | (16,718) |
| Rent &Leases - Places | ofWorship | (8,328) | |
| P4,959) | P1,961) | ||
| Other Resources (Sundries) | (240) | ||
| (240) | |||
| SUPPORT COSTS | |||
| Bank charges | |||
| Bank charges | (112) | (1,378) | |
| (112) | (1,378) | ||
| Insurance | |||
| Insurance | (336) | (410) | |
| (336) | (410) | ||
| Other Professional Support Costs |
|||
| Other Professional Support Costs |
(18,899) | ||
| (18,899) | |||
| Subscriptions &Dues |
|||
| Subscriptions &Dues |
(77) |
| Accountancy fees |
|
|---|---|
| Independent ExamineVs |
fees |
| Professional &Legal Fees |
|
| Other office costs | |
| Other finance costs |
| Accountancy | fees | (117) | (1,261) | ||
| Independent | ExamineVs | fees | (910) | (911) | |
| Professional | &Legal Fees | (11,407) | |||
| Other office | costs | (3,548) | |||
| Other finance costs | (192) | ||||
| (16,174) | (2,172) | ||||
| Total resources | expended | (110,557) | (76,161) | ||
| NET INCOME BEFOREGAINS ANO LOSSES | |||||
| Other recognised gains | and losses | ||||
| Gainsfgoss) | on reassessment | of current assets | 18,273 | ||
| 18,273 | |||||
| Net income before gains and losses | |||||
| Net Income | 10,849 |
| Report ofthe Trustees | ||
|---|---|---|
| Independent Examiner's |
Report to the Trustees | |
| Statement of Financial |
Activities | |
| Statement of Financial |
Position | |
| Notes tothe Financial Statements | 5to 8 | |
| Detailed Statement of Financial Activities | 9to 10 |
| Name ofCharity | BALM OF GILEAD WORLD MINISTRIES TRUST | |
|---|---|---|
| Charity registration | number | 1115743 |
| Principal address | 3Wilce Avenue | |
| Wefiingborough | ||
| Norlhamptonshire | ||
| NNB 2QL |
| The trustees | and officers serving dur | ing the year and since the y | ear end were | as follows: |
|---|---|---|---|---|
| Ms Sidanisile | Ndlela | |||
| Mrs Miranda | Tapfumanei | Chakamanga | ||
| Independent | examiner | Emmanuel Mensah FMAAT |
||
| Ground Floor | West ONce | 10 | ||
| Nicholas House, River Front | ||||
| Enfield | ||||
| EN1 3TF |
| Notes | Unrestricted | 2020 | |||
|---|---|---|---|---|---|
| funds | |||||
| income and | endowments | from: | |||
| Donations | and legacies | 98,715 | 80,379 | ||
| Charitable | activities | 3,630 | |||
| Investments | 5 | ||||
| Otherincome | 4,413 | ||||
| Total | |||||
| Expenditure | on: | ||||
| Charitable | activities | 5/6 | (110,557) | P5,921) | |
| Other expenditure | (240) | ||||
| Total | (110,557) | (76,161) | |||
| Prior Year Adjustments | of | ||||
| Current Assets | 18,273 | ||||
| Net movement in funds |
7,848 | ||||
| Reconciliation offunds | |||||
| Total funds | brought forward | 38,602 | 30,754 | ||
| Total funds | carried forwrud |
| Notes | 2021 | 2020 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash at bank and in | hand | 50,478 | 22,421 | ||
| 50478 | 22r421 | ||||
| Creditors: amounts | felling due within one year | (1,027) | 16,181 | ||
| Net current assels | |||||
| Total assets less current liabilities | |||||
| Net assets | |||||
| The funds ofthe charily | |||||
| Unrestricted income |
funds | 49,451 | 38,602 | ||
| Total funds |
| ncome from | donations and legacies |
||
|---|---|---|---|
| 2020 | |||
| 6 | |||
| Unrestricted | funds | ||
| Donations received |
98,715 | 80,379 | |
| 98,715 | 80,379 | ||
| ncome from | charitable activities | ||
| 2020 | |||
| Core Church | Programmes | ||
| ROMFORD/LONDON | 380 | ||
| HIGH WYCOMBE | 2,566 | ||
| NORTHAMPTON | 684 | ||
| 3,630 | |||
| 3,630 |
| ther income | |||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| f. | |||||
| Unrestricted | funds | ||||
| Other Income | &Refund | 4,413 | |||
| osts ofcharitable activities by fund type | |||||
| 2026 | |||||
| Unrestricted | funds | ||||
| Core Church | Programmes | 74,959 | 71,961 | ||
| Supportcosts | 35,598 | 3,960 | |||
| 110,557 | 75,921 | ||||
| osts ofcharitable activities by activity type | |||||
| Acavltles | Support | 2020 | |||
| undertaken | costs | ||||
| dlmctly | |||||
| 5 | |||||
| Support costs | |||||
| Core Church | Programmes | 74,959 | 35,598 | 110,557 | 75,921 |
| nalysis ofsu | pport costs | ||
|---|---|---|---|
| 2021 | |||
| Core Church | Programmes | ||
| Bank charges | 112 | 1,378 | |
| Insurance | 410 | ||
| Other Professional | 18,899 | ||
| Support Costs | |||
| Subscriptions | &Dues | 77 | |
| Governance | costs | 16,174 | 2,172 |
| 3,960 |
| 8.Stet incomel(expenditure) | 8.Stet incomel(expenditure) | for the year | ||
|---|---|---|---|---|
| This isstated | after charging/(crediting): | |||
| 2020 | ||||
| Accountancy | fees | 117 | 1,261 | |
| Independent | examiner's | fees | 910 | 911 |
| 9.Staffcosts and emoluments | ||||
| Total staff costs for the | year ended 31December 2021were: | |||
| 2020 | ||||
| f | ||||
| Salaries and | wages | 26,795 | 30,777 | |
| 26,795 | ||||
| 2021 | 2020 | |||
| Support Stall |
| 10.Comparative for |
the | Statement ofFinancial Activmes | |||
|---|---|---|---|---|---|
| The comparative | year values on the Statement ofFinancial Activities are for unrestricted | funds. | |||
| 11.Creditors: amounts | faging due within one year | ||||
| 2020 | |||||
| Other creditors | (17,092) | ||||
| Accruals and deferred income | 1,027 | 911 | |||
| 1,027 | (16,181) |
| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Gains and | Balance at | ||
| 01I01I2021 | resources | resources | losses | 31I12I2021 | ||
| General | ||||||
| General | 38,602 | 103,133 | (110,557) | 18,273 | 49,451 |
| Unrestricted Funds - Previou |
s year | ||||
|---|---|---|---|---|---|
| Balance at | incoming | Outgoing | Gains and | Balance at | |
| 01/OII2020 | resources | resources | losses | 31712I2020 | |
| 6 | 6 | 6 | 6 | 6 | |
| General | |||||
| General | 30,754 | 84,009 | (76,161) | 38,602 | |
| P6,161) |
| These are funds the management | board or leadership | can apply attheir discretion | but within the objects ofthe |
|---|---|---|---|
| Church. |
| 13.Analysis of | net assets between funds | ||
|---|---|---|---|
| Net current | Net Acacia | ||
| assets I | |||
| giabilities) | |||
| f | |||
| Unrestricted | funds | ||
| General | |||
| General | 49,451 | 49,451 | |
| Previous year | |||
| Net current | tact Assets | ||
| aseetal | |||
| giabilibea) | |||
| 6 | |||
| Unrestricted | funds | ||
| General | |||
| General | 38,602 | 38,602 |
| 2021 | 2020 | ||
|---|---|---|---|
| INCOME AND ENDOWMENT | |||
| Donations and legacies | |||
| Donations | 86,166 | 80,379 | |
| HMRC Gift Aid | 12,549 | ||
| Charitable activities | |||
| ROMFORD/LONDON | |||
| HIGHWYCOMBE | 2,566 | ||
| NORTHAMPTON | 684 | ||
| 3,630 | |||
| Investments | |||
| Bank interest receivable | |||
| Other income | |||
| Other Income &Refund | 4,413 | ||
| Total incoming resources | 84,009 | ||
| EXPENDITURE | |||
| Charhable activides | |||
| Rent -Office &Parsonage | (21,791) | (24,466) | |
| Staffcosts - wages &salaries | (26,795) | (30,777) | |
| Donations toZimbabwe | Church | (18,045) | (16,718) |
| Rent &Leases - Places | ofWorship | (8,328) | |
| P4,959) | P1,961) | ||
| Other Resources (Sundries) | (240) | ||
| (240) | |||
| SUPPORT COSTS | |||
| Bank charges | |||
| Bank charges | (112) | (1,378) | |
| (112) | (1,378) | ||
| Insurance | |||
| Insurance | (336) | (410) | |
| (336) | (410) | ||
| Other Professional Support Costs |
|||
| Other Professional Support Costs |
(18,899) | ||
| (18,899) | |||
| Subscriptions &Dues |
|||
| Subscriptions &Dues |
(77) |
| Accountancy fees |
|
|---|---|
| Independent ExamineVs |
fees |
| Professional &Legal Fees |
|
| Other office costs | |
| Other finance costs |
| Accountancy | fees | (117) | (1,261) | ||
| Independent | ExamineVs | fees | (910) | (911) | |
| Professional | &Legal Fees | (11,407) | |||
| Other office | costs | (3,548) | |||
| Other finance costs | (192) | ||||
| (16,174) | (2,172) | ||||
| Total resources | expended | (110,557) | (76,161) | ||
| NET INCOME BEFOREGAINS ANO LOSSES | |||||
| Other recognised gains | and losses | ||||
| Gainsfgoss) | on reassessment | of current assets | 18,273 | ||
| 18,273 | |||||
| Net income before gains and losses | |||||
| Net Income | 10,849 |