##
##
##
##
##
##
##
|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||