2022-03-31-accounts

CONTENTS			PAGE
Reference and administrative		details
Trustee's report
Independent Examiner's
Statement of Financial	Activities
Balance sheet			10.
Notes to the financial	statements		11 — 16

Trustees			Pastor M Bako	Pastor M Bako
			Pastor Q I Aleshinloye
			Pastor E Eneli
			Pastor E R Inwe
Registered	Charity
Number			1119496
Correspondence		Address	71/73 Beverly	Road
			Hull
			East Yorkshire
			HU3 1XL
Pastor in Charge			Pastor Qlumide		I Aleshinloye
Bankers			NatWest Bank	Pic
			Willerby and Kirk Ella			(A) Branch
			The Square
			Willerby
			East Yorkshire
			HU10 7UA
Accountant			Akintayo Ojo FCCA
			Resource Management			Consultants	Limited
			Chartered Certified Accountant
			46 Hollywood	Way
			Erith
			DAB 2QE

				Unrestricted		Restricted	Total		Total
				Funds		Funds	Funds		Funds
				2022		2022	2022		2023
			Notes
INCOMING RESOURCES
Donations, 8t similar incoming		resources		203,612		19,947	223,559		135,686
Grants for Community Projects						4,940	4,940		47,541
Gift aid Receivable				46,093			46,093		27,983
Other Grants S.Income Received				4,0QQ			4,000		91,285
Investment Income				6,93Q			6,930		10,425
Total incoming resources				246,775		24,887	271,662		312,920
RESOURCES EXPENDED
Charitable expenditure
Grants payable —individual				10,989			10,989		1,584
Grants payable —institutional				20,642			20,642		14,861
Costs of activities in furtherance		of
charities objects			9	112,293		22,144	134,437		240,506
Support Cost			10	8,864			8,864		8,998
Management and governance	costs		11	58,366		6,398	64,763		71,990
Total resources expended				211,153		28,542	239,695		337,939
Net (outgoing)/incoming resources for year				35,622	-	3,655	31,967	-	25,019
Total funds at the start of the	year			3,855		428,075	431,930		456,949
BALANCE AT ENO OF YEAR				39,47?		424,420	463,897		431,930

		797,558
		22,QG8
			2,62Q
		96,746	1G5,025
		916,312	6Q9,051
		4,8GG
			122,389
			5G,QQG
NET A5SET5		463„897	431,93G
CHAPATTY	FUNDS

						Unrestricted	Restricted	Total	Total
						Funds	Funds	Funds	Funds
						2D22	2022	2022	2021
6. INVESTMENT INCOME
Net Rental Income				17		10,070		10,070	10,425
Hall Hire Receipts						3,140		3,140
						6,930		6,930	10,425
Amount represents net rental income			received	from 3 flats owned	by	the charity. The	income was	used to advance
the objects ofthe charity.
							2022	2022
7. Grants payable —individual
Individual welfare						10,989		10,989	1,584
						2022	2D22	2022	2021
8. Grants payable —institutional
Charitable giving -UK						20,642		20,642	14,861
Charitable giving -overseas
Total						20,642		20,642	14,861
List of institutional	grants	payable
RCCG WEM						15,052		15,052	10,306
RCCG Centra I Office						960		960	960
Festival of Life						180		180	180
Others						4,450		4,450	3,415
Total grant payable	—institutional					20,642		20,642	14,861
9.COST OF ACTIVITIES IN FURTHERANCE				OF CHARITY'S OBjE		f
Partners and consultancy
Seminar, conferences 5subscriptions						1,156		1,156	721
Travel and subsistence						10,160		10,160	3,208
Vehicle running and	repairs					9,193		9,193	4,805
Visiting minister's expenses						300		300	2,446
Community projects						20,194	8,865	29,059	74,331
Missions and evangelism Welfare 5 hospitality						20,554 6,266	13,279	33,833 6,266	25,519 4,183
Telephone 5.internet						1,653		1,653	1,727
Printing, postage, stationery			5.IT consumables			4,142		4,142	1,525
Repairs, renewal and	maintenance					16,978		16,978	96,849
Worship cost, music	5.church		group			4,856		4,856	2,187
Utilities						3,595		3,595	4,897
Insurance						3,432		3,432	2,773
Volunteer expenses						93		93	255
Training 5.development									3,580
Depreciation						9,722		9,722	11,500
						112,293	22,144	134,437	240,506

				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2022	2022	2022	2021
10.SUPPORT COSTS
Telephone 8t internet Printing, postage, stationery 5		IT consumables		413 475		413 475	1,151 1,017
Utilities				899		899	258
Admin 5.office expenses				2,48Q		2,48Q	2,556
Bank charges				3,937		3,937	587
Sundry expenses				660		660	3,429
				8,864		8,864	8,998
11.MANAGEMENT	AND GOVERNANCE		COSTS				f
Staff cost				50,516		50,516	51,939
Admin S.office expenses							2,262
Professional fees	- Legal 5Leases				6,398	6,398	12,994
Professional fees	- accountancy	S.examination		4,800		4,800	3,000
Professional fees	—Other			925		925	800
Professional fees	- accountancy	other		2,125		2,125	995
				58,366	6,398	64,763	71,990

Professional fees - accountan	cy other		2,125 58,366	6,398	2,125 64,763	995 71,990
12. FIXED ASSETS
12a. BUILDING					Total	Total
					31-Mar	31-Mar
					2021	2020
					E
Cost at 1 April 2021					479,758	479,758
Additions in the year					317,800
Cost at 31 March 2022					797,S58	479,758
12b. TANGIBLE ASSETS
	Motor	Musical	Computers	Furniture 5	Total	Total
	Vehicles	equipment	&.projectors	fittings	31-Mar	31-Mar
					2022	2021
Cost
At 1 April 2021	6,505	11,418	12,925	15,1SO	45,998	32,427
Additions	4,380	5,702			10,Q82	13,571
At 31 March 2022	10,885	17,120	12,925	15,150	56,080	45,998
Depreciation
At 1 April 2021	2,294	6,882	5,824	9,3S1	24,351	12,851
Charge for the year	2,862	2,560	2,367	1,933	9,722	11,500
At 31 March 2022	5,156	9,442	8,191	11,284	34,073	24,351
Net book value
At 31 March 2022	5,729	7,679	4,734	3,866	22,008	21,648
At 31 March 2021	4,211	4,537	7,101	S,800	21,648

13. DEBTORS								Year ended	Year ended
								31-Mar	31-Mar
								2022	2021
Rent due									2,320
Other debtors									300
									2,620
14. CASH BALANCES					Unrestricted		Restricted	Total	Total
						Funds	Funds	Funds	Funds
							2022	2022	202i
Bank balance
Building fund account							18,314	18,314	81,582
Current account					78,432			78,432	23,443
At 31 March 2021					78,432		18,314	96,746	105,025
								Year ended	Year ended
15. CREDITORS								31-Mar	31-Mar
								2022	2021
								E
Accrual and deferred		income: Independent			Examiner's	fees		4,800	4,200
Short term									532
								4,800	4,732
								Year ended	Year ended
16a. LONG TERM LIABILITY								31-Mar	31-Mar
								2022	2021
Mortgage (Triodos Bank)								447,615	122,389
								447,615	122,389
Amount represents	outstanding		balance	on	Mortgage	on church	flats.
								Year ended	Year ended
16b. LONG TERM LIABILITY								31-Mar	31-Mar
								2022	2Q21
Bounce Back Loan									50,000
									5Q,QOO
Amount represents	outstanding		balance	on	Mortgage	on church	flats.
16. STAFF COST AND		NUMBERS						Year ended	Year ended
Staff costs were as follows								31-Mar	31-Mar
								2022	2021
								E
Wages and salaries								43,940	45,794
Socia I security costs								4,848	4,417
Pensions								1,885	1,728
								50,673	51,939

17. STAFF N	UMBERS						Year ended	Year ended
The average number		of employee		during	the year was as follows		31-Mar	31-Mar
							2022	2021
							No.
Pastoral
Charity administration
Total
No employee	received	remuneration		amounting		to more than F50,000 in the year.
18. INVESTMENT INCOME
RENTAL INCOME ACCOUNT							Year ended	Year ended
							31-Mar	31-Mar
							2022	2021
								f
Rental Income from Church			Flats				32,113	18,706
Less mortgage	interest						14,425	4,361
Rental income	after interest						17,689	14,345
Expenditure
Management	Fee						5,557	2,205
Letting fees							894	125
Repairs S.maintenance							14,893	1,119
Council rates							1,195
Insurance							1,710
Safety checks							1,844
Cleaning							365
Utilities							220	471
Equipment							1,082
Total expenditure							27,759	3,920
Net Rental Income							10m070	10~425

ANALYS	IS OF NET	ASSE	TS BETWE	EN FUNDS: CURRENT PER	IOD
					Unrestricted	Restricted		Total
					Funds	Funds		Funds
					2022	2022		2022
Tangible	fixed assets				22,008			819,566
Current	assets				78,432			96,746
Creditors	amount	falling	due within	one year	4,800	—	-	4,800
Creditors	amount	falling	due after	more than one year		-447,615	—447,615
					95,640	368,257		463,897
ANALYSIS OF NET		ASSETS BETWEEN FUNDS: PRIOR YEAR
					Unrestricted	Restricted		Total
					Funds	Funds		Funds
					2021	2021		2021
Tangible	fixed assets				21,618	479,758		501,376
Current	assets				36,939	70,706		107,645
Creditors	amount	falling	due within	one year	4,732			4,732
Creditors	amount	falling	due after	more than one year	50,000	-12Z,389	-	172,389
					3,825	428,075		431,900

22. NET INC	OMING RESOURCES/(RES	OURCES EXPENDED)
			Year ended	Year ended
This is stated	after charging		31-Mar	31-Mar
			2022	2021
			E
Depreciation	of tangible assets owned	by the charity	22,008	21,648
Accountant's	fees		4,800	3,000