| Contents | Page | |
|---|---|---|
| Legal and administrative | information | |
| Trusb:es' Report | ||
| Independent Examiners' |
Report | |
| Statement ofFmancial Activities | ||
| Balance Sheet | ||
| Notes forming part ofthe Gnancial statements | 8-10 |
| Unrestricted | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|
| Fund | Fund | |||||
| Voluntsxy Sources -tithes, offerings, donations, thanksgiving, etc |
24,892 | 24,892 | 26,528 | |||
| Miscellaneous receipt- |
||||||
| other income- GiftAid Income mvestment income |
5,259 1 |
5,259 1 |
||||
| Total incondng resources | 30 | 152 | 30,152 | |||
| Resources Expended | ||||||
| Cost ofgenerating funds in furtherance ofthe charity's objectives |
5 | 942 | 1,337 | |||
| Management 8tAdministration ofCharity |
6 | 21,673 | 21,783 | |||
| Total resources expended | 22,616 | 23,120 | ||||
| Net incoming resources / (outgoing) resources |
7,537 | 3414 | ||||
| Other recognised gains and losses |
||||||
| Gross Transfer between funds | ||||||
| Net movement ln taands tbr the year- |
||||||
| Net income/(expenditure) for the year |
7437 | 3414 | ||||
| Total funds brought forward 1/12/2020 |
8,703 | 5$$9 | ||||
| Prior Year Adjustment | ||||||
| Total Funds Carried Forward At 30th November | 2021 | 16+40 | 0,703 | |||
| Pastor Oiufemi Adebajo | 0, | 19July 2022 |
| Balance Sheet | As At 30th | November | 2021 | |||
|---|---|---|---|---|---|---|
| Fired assets | Noses | 2021 | ||||
| f. | ||||||
| Tangible assets | ||||||
| Current assets | ||||||
| Debtors | ||||||
| Cash at bank and in hand | 16,630 | |||||
| 16,630 | 9,093 | |||||
| Creditors: Amount Ming | due vvithin one year | 3 | ~400 | |||
| Net current assets | 16/30 | |||||
| Total Assets Less | Current | Liabilities | 16,340 | |||
| RRPRESENTFD | IY: | |||||
| Funds | ||||||
| Restricted funds | ||||||
| Unrestricted funds |
16,240 | |||||
| Fund balances | 16,240 | |||||
| +yard ofTrustees | Nanm' | PaStOr Olufemi Adebajo |
| Notes continue | d. . |
. | ||||
|---|---|---|---|---|---|---|
| 2. Fhed Assets | Motor | Fixtures | 2021 | |||
| vehicle | Fittings k. | Total | ||||
| Fquipments | ||||||
| Cost | ||||||
| At 1 December 2020 Additions |
10,043 | 10,043 | ||||
| At30November | 2021 | 0 | 10,043 | 10,043 | ||
| Depreciation aud amounts written off |
||||||
| At 1December 2020 Charge for the year |
(straight line method) | 10,033 | 10,033 | |||
| At30November | 2021 | 10,033 | 10,033 | |||
| 1%etBookValue | ||||||
| At 30November | 2021 | 10 | 10 | |||
| At 30November | 2020 | 0 | 10 | 10 |
| 4. Incoming resonrees | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | f001 | |||
| Tithes, Offering 8t Thanksgiving Others- Gift Aid Income Investment income |
24,892 5,259 1 |
24,892 5+59 1 |
26,528 0 6 |
||
| 30,102 | 30102 | ~20 | 4 |
| gg n fu ofthe charity's objeetst |
rtherance | ||||
|---|---|---|---|---|---|
| 2~02 | |||||
| Honorarium | |||||
| Welfare Expenses Books4Teaching Materials Trairung, Meetings k,Conferences |
0 257 215 |
100 | |||
| Church Outreach 8tPubhcity Travelling expenses |
144 326 |
||||
| 942 | 1@37 | ||||
| 6.Management F2Administration |
ofCharity | 2021 | BOZO | ||
| Charitable donations: |
|||||
| Central Office Fund WEM Fund FOL |
1,800 1.364 |
1,800 1,933 |
|||
| Other donations | |||||
| Church Running Expenses 4,Administration Motor expenses Insurance 42K,Pension Coznputer Costs4 Consumables |
947 157 1,075 |
299 1,826 |
|||
| Telephone, Internet 4,Fax Contracts Fees/Allowances Printing, Postage 4Stationery Rent4Rates (incl storage) Accountancy fees Depreciation: |
455 10,000 1,135 4,340 400 |
945 8,175 661 4,746 400 |
|||
| Fixtures, Fittings 4Equipments | |||||
| 21,673 | 21,783 | ||||
| Pastor Olufemi Adebajo | Si~:......... | .. '.. | Dat | 19duiy 2022 |