2022-03-31-accounts - Assembleia De Deus De Londres

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				Pages
Trustees' Annual Report				2to 5
Independent Examiner's		Report		6to6
Statement of Financial	Activities			7to7
Summary Income and	Expenditure		Account	Bto8
Balance Sheet				9to9
Statement ofCash flows				10to 10
Notes tothe Accounts				11to 19
Detailed Statement of	Financial Actlvttles			20to 22

forthe year	ended $1March	2022
			Unrestricted
			funds	Total funds	Total funds
			2022	2022	2021
		Notes	E	f	E
Income and	endowments
from:
Donations	and legacies		300,003	300,003	325,128
Charitable	activities		44,413	44,413	46,921
Other			98,940	98,940	129,753
Total			443,356	443@56	501,802
Expenditure	on:
Raising funds			34,089	34,089	28,580
Charitable	activities		5,741	5,741	5,710
Other			367,011	367,011	346,789
Total			406,841	406,841	381,079
Net gains on	investments
Net Income		10	36,515	36,515	120,723
Transfers between funds
Net Income gains/(losses)	before other		36,515	36,515	120,723
Other gains	and losses
Net movement ln funds			36,515	36,515	120,723
Reconciliation offunds:
Total funds brought forward			1,922,156	1,922,156	1,801,433
Total funds carried forward			1,958,671	1,958,671	1,922,156

		2022	2021
		E	E
Income		443,356	501,802
Gross Income for the year		443,356	501,802
Expenditure		344,880	303,144
Interest payable		26,707	28,818
Depreciation	and charges for
Impairment	offixed assets	35,254	49,117
Total expenditure for the year		406,841	381,079
Net income	before tax forthe year	36,515	120,723
Tax payable
Net income	forthe year	36,515	120,723

		2022	2021
		f
Cash flows from operating	activities
Net income per Statement	ofFlnandal Activities	36,515	120,723
Adjustments for:
Depredation ofproperty, plant and equipment		29,593	19,496
Profit on disposal oftangible fixed assets		(21,436)
Dividends, interest and	rents from investments	(98,940)	(129,753)
Decrease/(Increase) In trade and other receivables		4,196	(68,354)
(Decrease)/Increase in trade and other payables		(16,693)	197,004
Net cash (used in)/provided	by operating activities	(66,765)	139,116
Cash flows from investing	activities
Proceeds from sales of	property, plant and equipment	26,927
Payments for property,	plant and equipment	(61,201)
Dividends, interest and	rents from Investments	98,940	129,753
Net cash from investing activities		64,666	129,753
Cash flows from flnandng	activities
Repayment ofborrowings		(92,325)	588,603
Repayments ofobligations under finance lease and hire purchase contracts		(2,973)	24,787
Net cash (used ln)/from financing activities		(95,298)	613,390
Net (decrease)/Increase ln	cash and cash equivalents	(97+97)	882,259
Cash and cash equivalents	atthe beginning ofthe year	241,338
Cash and cash equivalents	atthe end ofthe year	143,941	882,259
Components ofcash and cash equivalents
Cash and bank balances		171,639	245,758
Bank overdrafts		(602)	(4,420)
		171,037	241,338

last year and no cha	last year and no cha	nges have been made to accounts for previous years.
Fund accounting
Unrestricted	funds	These are available for use atthe discretion ofthe trustees				in furtherance			of	the
		general objects ofthe charity.
Designated	funds	These are unrestricted funds earmarked by the trustees		for particular			purposes.
Revaluation	funds	These are unrestricted funds which Include a revaluation			reserve representing						the
		restatement ofinvestment assets attheir market values.
Restricted funds		These are available for use subject to restrictions imposed				by the donor		or	through
		terms ofan appeal.
Income
Recognltlon	of	Income is included in the Statement ofFinancial Activities				(SoFA) when		the	charity
income		becomes entitled to, and virtually certain to receive, the		income and the amount of
		the Income can be measured with sufficient reliability.
Income with	related	Where Income has related expenditure the income and		related expenditure						Is
expenditure		reported gross in the SoFA.
Donations and		Voluntary income received by way ofgrants, donations	and gifts is Included						in		the
legacies		the SoFAwhen receivable and only when the Charity has			unconditional
		entitlement tothe income.
Tax reclaims	on	Income from tax reclaims is included In the SoFAatthe	same time as the
donations and gifts		gift/donation to which it relates.
Donated services		These are only Included In income (with an equivalent amount in expenditure)
and facilities		where the benefit tothe Charity is reasonably quantifiable,				measurable		and
		material.
Volunteer help		The value ofany volunteer help received is not Induded		in		the accounts.
Investment	income	This is included Inthe accounts when receivable.
Gains/(losses) on		This Includes any gain or loss resulting from revaluing investments to market								value
revaluation	offixed	at the end ofthe year.
assets
Gains/(losses) on		This includes any gain or loss on the sale of Investments.
investment	assets

3 Statement ofHnandal	Activities - prior year
		Unrestricted
		funds	Total funds
		2021	2021
Income and endowments	from:
Donations and legacies		325,128	. 325,128
Charitable activities		46,921	46,921
Other		129,753	129,753
Total		501,802	501,802
Expenditure on:
Raising funds		28,580	28,580
Charitable activities		5,710	5,710
Other		346,789	346,789
Total		381,079	381,079
Net income		120,723	120,723
Net income before other		120,723	120,723
gains/(losses)
Other gains and losses:
Net movement ln funds		120,723	120,723
Recondliatlon offunds:
Total funds brought forward		1,801,433	1,801,433
Total funds carried forward		1,922,156	1,922,156

					Unrestricted	Total		Total
						2022		2021
								f
	Collections	by Cash			34,579	34,579		33,140
	Collections	by Card			112,201	112,201		117,608
	Collections	by On-line			135,874	135,874		140,733
	DD - Direct	Debt			17,349	17,349		33,647
					300,003	300,003		325,128
5	Income from charitable			activities
					Unrestricted	Total		Total
						2022		2021
						f	'	f
	Gift aid tax	daimed			44,413	44,413		46,921
					44,413	44,413		46,921
6	Other income
					Unrestricted	Total		Total
						2022		2021
	Grants received				60,750	60,750		100,105
	Letting/hire	Income			33,880	33,880		29,609
	Interest received				4,310	4,310		39
					98,940	98,940		129,753
7	Expenditure	on raising funds
					Unrestricted	Total		Total
						2022		2021
						f
	Costs ofgenerating		voluntary
	income
	Collections	by Cash			13,440	13,440		5,719
	Collections	by Card			20,649	20,649		22,861
					34,089	34,089		28,580
8	Expenditure	on charitable activities
					Unrestricted	Total		Total
						2022		2021
	Expenditure	on charitable
	activities
	Gift aid tax	dalmed			5,741	5,741		5,710
	Governance	costs
					5,741	5,741		5,710

9	Other expenditure
			Unrestricted	Total	Total
				2022	2021
			13,386	13,386	1,028
	Bank loan and overdraft interest payable		26,215	26,215	28,818
	Other interest payable		492	492
	Corporation tax
	charge/(credit)
	Employee costs		156,049	156,049	138,186
	Motor and travel costs		31,723	31,723	24,327
	Premises costs		13,943	13,943	10,250
	Amortlsation, depreciation,
	impairment, profit/loss	on	35,254	35,254	49,117
	disposal offixed assets
	General administrative	costs	78,206	78,206	76,428
	Legal and professional	costs	11,743	11,743	18,635
			367,011	367,011	346,789
10	Net income before transfers
			2022		2021
	This is stated after charging:		E		E
	Depreciation ofowned	fixed assets	56,690		49,117
11	Staffcosts
			2022		2021
	Salaries and wages		134,734		123,410
	Social security costs		11,575		7,845
	Pension costs		1,139		1,084
			147,448		133,339

The average	during the year was as follows:
	2022	2021
	Number	Number
Average number of
employee

				Fixtures and
		Equipment	Motor Cars	Fittings	Total
Cost or revaluation
At 1April 2021		9,924	132,837	367,230	509,991
Additions		2,607	58,594		61,201
Disposals			(94,963)		(94,963)
At31March	2022	12+31	96,468	367,230	476,229
Depredation	and
impairment
At 1April 2021		3,308	106,042	345,465	454,815
Depreciation	charge for the	4,177	19,975	5,441	29,593
year
Disposals			(89,472)		(89,472)
At 31March	2022	7,485	36,545	350,906	394,936
Net book values
At 31March	2022	5,046	59,923	16,324	81,293
At31March	2021	6,616	26,795	21,765	55,176

13	Investments
		Freehold	Other
		Investment	investments
		Property	-Listed	Total
		f	f
	Cost or revaluation
	At 1April 2021	2,178,256	470,196	2,648,452
	At31March 2022	2,178,256	470,196	2,648,452
	Provisions and Impairment
	At 1April 2021	280,769		280,769
	Provided during the year	27,097		27,097
	At31March 2022	307,866		307,866
	Net book values
	At 31March 2022	1,870,390	470,196	2@40,586
	At31March 2021	1,897,487	470,1S6	2,367,683
14	Debtors
		2022		2021
		f		f
	Other debtors	64,158		68,354
		64,158		68,354
15	Creditors:
	amounts falling due within one year
		2022		2021
		f		f
	Bank loans and overdrafts	156,984		89,532
	Obligations under finance lease and hire	21,814		2,973
	purchase contracts
	Trade creditors	34,480		41,350
	Corporation tax
	Other taxes and social security	121,774		126,808
	Other creditors	24,057		28,846
	Accruals			1
		359,109		289,510
16	Creditors:
	amounts falling due after more than one year
		2022		2021
				f
	Bank loans and overdrafts	339,896		503,491
	Obligations under finance lease and hire
	purchase contracts			21,814
		339,896		525,305

							Incom/ng
							resources		At31
							(including	Resources	March
						At 1April	other gains/losses	expended	2022
						2021	)
	Restricted funds:
	Unrestricted		funds:
	Generalfunds					1,922,156	443,356	(406,841)	1,958,671
	Total funds					1,922,156	443,356	(406,841)	1,958,671
18	Analysis of	net assets between			funds
							Unrestricted	Restricted
									Total
							funds	funds
							E	E	E
	Fixed assets						76,247	5,046	81,293
	Investments						2,340,586		2,340,586
	Net current	assets					54,526	(177,838)	(123,312)
	Creditors due provisions		in more than one		year and		(339,896)		(339,896)
							2,131,463	(172,792)	1,958,671
19	Reconciliation		ofnet debt
									At 31
							At1April		March
							2021	Cash Rows	2022
							E	f	f
	Cash and cash		equivalents				245,758	(74,119)	171,639
							245,758	(74,119)	171,639
	Bank loans						(588,603)	92&25	(496,278)
	Obligations	under HP/Finance		leases			(24,787)	2,973	(21,814)
							(613,390)	95,298	(518,092)
	Net debt						(367,632)	21,179	(346,453)

Annual	commitments	commitments	under non-cancellable	operating	leases are as follows:	leases are as follows:
					2022	2022	2021	2021
				land	and		Land and
						Other
				buildings			buildings
					E		f
Operating		leases with	expiry date:
pension	commitments
								2021
The pension cost charge to the company
amounted		to:				1,139		1,084

forthe year ended	31Ma	rch	2022
				Unrestricted
				funds	Total funds	Total funds
				2022	2022	2021
				f	f	f
Income and endowments		from:
Donations and legacies
Collections by Cash				34,579	34,579	33,140
Collections by Card				112,201	112,201	117,608
Collections by On-line				135,874	135,874	140,733
DD - Direct Debt				17,349	17~9	33,647
				300,003	300,003	325,128
Charitable activities
Gift aid tax claimed				44,413	44,413	46,921
				44,413	44,413	46,921
Other
Grants received				60,750	60,750	100,105
Letting/hire income				33,880	33,880	29,609
Interest received				4,310	4,310	39
				98,940	98,940	129,753
Total income and endowments				443,356	443,356	501,802
Expenditure on:
Costs ofgenerating	donations		and
legacies
Collections by Cash				13,440	13,440	5,719
Collections by Card				20,649	20,649	22,861
				34,089	34,089	28,580
Total ofexpenditure	on raising			34,089	34,089	28,580
funds
Charitable activities
Gift aid tax claimed				5,741	5,741	5,710
				5,741	5,741	5,710
Total ofexpenditure activities	on charitable			5,741	5,741	5,710
Other expenditure
				13+86	13,386	1,028
Bank loan and overdraft		interest		26,215	26,215	28,818	'
payable
Other interest payable				492	492
Corporation tax charge/(credit)
				40,093	40,093	29,846
Employee costs
Salaries/wages				65,759	65,759	59,643
Directors' remuneration				68,975	68,975	63,767

Employer's NIC			11,575	11,575	7,845
Pension costs			1,139	1,139	1,084
Temporary staff			8,601	8,601	5,847
			156,049	156,049	138,186
Motor and travel costs
Travel and subsistence			31,723	31,723	24,327
			31,723	31,723	24,327
Premises costs
Rates			2,796	2,796	5,377
Ught, heat and power			11,147	11,147	4,873
			13,943	13,943	10,250
General administrative		costs,
including depreciation	and
amortisation
Depreciation ofland and buildings			27,097	27,097	29,622
Depreciation of Equipment			4,177	4,177	3,308
Depreciation ofMotor		Cars	19,975	19,975	8,932
Depreciation ofFixtures and			5,441	5,441	7,255
Fittings
Profit on disposal oftangible fixed			(21,436)	(21,436)
assets
Bank charges			735	735	5,831
Equipment repairs and			50,325	50,325	47,044
maintenance
General insurances			5,823	5,823	7,754
Software, ITsupport and related			6,262	6,262	1,624
costs
Stationery and printing			1,662	1,662	345
Sundry expenses			8,953	8,953	7,385
Telephone, fax and broadband			4,446	4,446	6,445
			113,460	113,460	125~5
Legal and professional	costs
Accountancy and bookkeeping			8,604	8,604	16,276
Consultancy fees			3,139	3,139	2,359
			11,743	11,743	18,635
Total ofexpenditure of	other costs		367,011	367,011	346,789
Total expenditure			406,841	406,841	381,079
Net gains on investments
			36,515	36,515	120,723
Net Income
Net Income before other			36,515	36,515	120,723
gains/(losses)
Other Gains