| YEAR ENDED 31DECEM | BER 2021 | |
|---|---|---|
| Page No | ||
| Independent examiners |
Report on the accounts | |
| Management's Declaration |
||
| Balance Sheet | ||
| Income and Expenditure | account |
| Charity Reg No: 1116548 |
Charity Reg No: 1116548 |
Page 3 | |||||
|---|---|---|---|---|---|---|---|
| SALVATION YOUTH | TRUST | ||||||
| BALANCE SHEET AS | AT 31DECEMBER 2021 | 2021 | 2020 | ||||
| Fixed assets | Cost | Dep'n | Net Book Value |
||||
| E | E | ||||||
| Office Equipment | 858 | 749 | 109 | 133 | |||
| Current Assets Cash at bank |
61,084 | 52,459 | |||||
| Less Current Liabilities Creditors and accruals |
250 | 250 | |||||
| Net Current Assets | 60,834 | 52,203 | |||||
| Net Assets | 60,943 | 52,342 | |||||
| Represented by: |
|||||||
| Funds Surplus fund brought forward |
52,343 | 55,650 | |||||
| Income (Shortage) | of income over expenditure | for the year | 8 | 600 | ~3308 | ||
| Balance of surplus | fund carried forward | 60 | 943 | 52 342 |
| SALVATION YOUTH TRUST | ||
|---|---|---|
| INCOME AND EXPENDITURE ACCOUNT | ||
| 2021 | 2020 | |
| YEAR ENDED 31DECEMBER 2021 | f | f |
| INCOME | ||
| Collections and contributions | 28,617 | 24,744 |
| Gift Aid | 2 344 | |
| 28,617 | 27,088 | |
| Deduct Expenditure: | ||
| Office Rent | 225 | 5,400 |
| Cloth collection and storage | 700 | |
| Internet | 271 | |
| Bank charges | 252 | 94 |
| Professional charges |
250 | 250 |
| Charities, Zakat and relief |
18,995 | 23,923 |
| Equipment Depreciation charges |
24 | 29 |
| Total Expenditure | 20,017 | 30,396 |
| Surplus (shortage) of income over expenditure | 8,600 | "(3,308) |