2020-12-31-accounts

		Page
Company information
Trusteess' report		2-5
Statement of trustees'	responsibilities
Independent auditor's	report
Statement offinancial	activities
Balance sheet		10-11
Notes to the financial	statements	12-19

for the year ended 31Dec	emb	er 2020
				Unrestricted	Restricted	Total	Prior Period
				Funds	Funds	Funds	Total Funds
			Notes	2020	2020	2020	2019
				E		E	E
Offerings &donnations				486,827		486,827	579,027
Grant received				31,522		31,522
Other income				146,108		146,108	125,502
Operating activities in furtherance		of
charity's objectives				100,533		100,533	19,643
Total incoming resources				784,990		764,990	724,172
Nst Incoming Resources available for
charitable applications				764,990		764,990	724,172
Costs ofactivities undertaken	directly			292,726		292,726	307,727
Support costs				160,916		160,916	183,727
Finance costs				47,682		47,682	58,476
Governance costs				11,977		11,977	9,733
Total resources expended				513,301		513,301	559,663
Nst incoming resources before		transfers	3	251,689			164,509
Gross transfers between funds
Net incoming Resources before
revaluations and investment	asset			251,689			164,509
Net movement in funds				251,689			164,509
Total Funds brought forward				2,543,148			2,378,639
Total Funds carried forward				2,794,837			2,543,148

as at 31 De	cember	2020
			Notes		2020		2019
							6
Fixed assets
Tangible assets					3,851,643		3,863,515
Current assets
Debtors						2,673
Investments	held as current
assets			8	105,231		105,231
Cash at bank	and in hand			153,005		2,709
				258,236		110,613
Creditors: amounts		falling due
within one year			10	(157,477)		(288,254)
Net current	assetsi{liabitities)				100,759		(177,641)
Total assets	less current
liabilities					3,952,402		3,685,874
Creditors; amounts		falling due
after more than one		year			(1,157,565)		(1,142,726)
Net assets					2,794,837		2,543,148
Capital and	reserves
Unrestricted	revenue	reserves			2,794,837		2,543,148
Resources freely available					2,794,837		2,543,148
Accumulated	Funds				2,794,837		2,543,148

Statement ofTotal Recognised	Statement ofTotal Recognised	Gains and Losses
for the year ended 31December2019
			2020	2019
Excess of Income	over expenditure	before realisation
ofassets			251,689	164,509
Net Movement	in funds before taxation		251,689	164,509

Accumutated	Accumutated	fund				Unrestricted	Restricted	Total	Totat
						Funds	Funds	Funds	Funds
						2020	2020	2020	2019
						8	F	8	8
Accumulated	Revenue		Funds		b/fwd	2,543,148		2,543,148	2,378,639
Fteccgnised	gains	and	losses			251,689		251,589	164,509
Closing Accumulated				fund		2,794,837		2,794,837	2,543,148

Tangible fixed assets are stated	at cost	less accumulative depreciation,
Depreciation is provided on all	tangible	fixed assets, other than freehold	land, at rates calculated		to
write off the cost, less estimated	residual	value, ofeach asset evenly over	its expected	useful life, as
Vehicles		-20%per annum	af cost/net	book value
Plant and machinery —office, music equipment .20% per annum			of costlnel	book value
Plant and inachinery - fixtures,	fittings	.20% per annum	ofcost/net	book value

3	Net incoming	resources	2020
			6
	This is stated	after charging;
	Depreciation	ofowned fixed assets	598	31,619
	Auditors'remuneration		3,202	3,202

fo	r the year ended 31 December	r the year ended 31 December	r the year ended 31 December	2020
	Average number ofemployees			during	the year			Number	Number
	Management &Administration								9
	Engaged on charilable	activities							3
									12
	There were no employees		with emoluments			in excess	of	650,000 per annum.
6	Changes in resources	applied		for fixed		assets		2020	2019
								6	6
	Net movement in funds	from Statement			of	Finnacial
	Activities							251,689	164,509
	Resources applied on	Fixed Assets for			charitable use			(15,789)	(80,738)
	Add Grants Received to fund fixed assets
	Net movement in funds	available		for future		activities		235,900	83,771
7	Tangible fixed assets
						Land and		fittings, and	Motor
						buildings		equipment	vehicles	Total
						Al cost
							6
	Cost or vaiuation
	At 1 January 2020					4445 092		478,889	95054	5,019,035
	Additions							15,789		15,789
	At 31 December 2020					4,445,092		494,678	95,054	5,034,824
	Depreciation
	At 1 January 2020					676,434		386,425	92,661	1,155,520
	Charge for the year							27,063	598	27,66'I
	At 31 December 2020					676,434		413,488	93,259	1,183,181
	Carrying amount
	At 31 December 2020					3,768,658		81,190	1,795	3,851,643
	At 31 December 2019					3,768,658		92,464	3,861,122	3,863,515

Investments held as current assets
	Other
	investments	Total
	8	6
Goat
At 1 January 2020	105,231	105,231
At 31 December 2020	105,231	105,231

9	Debtors			2020	2019
					9
	Trade debtors				2,673
10	Creditors: amounts	falling due within one year		2020 8	2019f
	Bankloans			138,076	187,434
	Other taxes and social		security costs	7,516	15,302
	Pension			45
	Other creditors			8,640	82,318
	Accruals and deferred		income	3,200	3,200
				157,477	288,254
11	Creditors: amounts	falling due after one year		2020	2019
				6
	Bank loans			1,157,565	1,142,726

Incoming resources
			Unrestricted	Restricted	Total	Prior Period
			Funds	Funds	Funds	Total Funds
			2020 6	2020 6	2020 6	2019 f
Government and public bodies
Offerings and Donations
incoming resources of revenue	nature
Grant received			31,522
			31 522
Non governmental and none public bodies
Incoming resources ofrevenue	nature
Tithes &Weekly offerings			466,006			536,221
Covenant Aid - income tax recoverable			20,821			42,806
Income of revenue nature			486,827			579,027
Non governmental and none public bodies
Incoming resources of revenue	nature
Annual Thanksgiving			146,108			125,502
			146,108			125,502
Total Grants, Legacies 8 Donnations		Received	664,457			704,529
Operating activities in furtherance	of	the charity's
objectives
Other income			100,533			19,643
Gains
Capilal gains —disposal
Total incoming resources			764,990			724, 172

Charitable expenditure
			Unrestricted	Restricted	Total	Prior Period
			2020	2020		2019
Cost ofactlvltles underfaken	directly		8
Media &TV ministries Wages and salaries Employers NIC Motor expenses Missions Abroad Guest speakers &preachers Donations & charity Services and church expenses Subscriptions 8 publications Welfarelfunerals /marriages			17,950 75,609 3,071 19,548 40,905 11,000 41,627 52,060 6,206 24,750 292,726		17,950 75,609 3,071 19,548 40,905 11,000 41,627 52,060 6,206 24,750 292,726	8,820 63,350 5,212 23,510 25,540 38,382 23,400 70,799 3,667 45,047 307,727
Support costs
Human costs
Wages and salaries Employer's Nl Training Entertaining			37,001 895 2,755		37,001 895 2,755	35,287 1,818
			40,651		40,651	10,553 47,658
Premises costs
Rent and rates Light and Heat Cleaning and laundry			22,329 23,486 1,001 46,816		22,329 23,486 1,001 46,816	61,875 21,936 2,685 86,496
General support
Telephone Printing, postage and stationery Equipment hire			3,603 12,813		3,603 12,813	6,086 4;795
Repairs and maintenance Depreciation ofassets used for	charitable	purposes	29,372 27,661		29,372 27,661	1,200 5,873 31,619
			73,449		73,449	49,573
Finance costs
Interest payable Bank charges			41,474 6,208 47,682			49,358 9,118 58,476

for the year ended 31 December 20	20
	Unrestricted	Restricted	Total	Prior Period
	2020	2020	2020	2019
		6	5
Governance
Audit fees	3,202			3,202
Insurance	8,775			6,531
	11,977			9,733
Total expenditure	513,301		453,642	559,663