Assembleia De Deus Londres Charity No. 1121287 Company No. 05999418 Trustees, Report and Unaudited Accounts 31 March 2024 15
Assembleia De Deus Londres Contents Pages 2to4 Sto5 6t06 Trustee5' Annual Report Independent Examinerfs Report Statement of Financial Activities Summary Income and Expenditure Account Balance Sheet Statement of Cash flows Note5 to the Accounts Detailed Statement of Financial Activities 7t07 8t08 9t09 IOto17 18to20 Page I Ig
Assembleia De Deus Londres Trustees Annual Report The trustees. who are also directors of the charity for the purposes of the Companies Act 21x16, present their report with the unaudited financial statements of the charity for the year ended 31 March 2024. REFERENCE AND ADMINISTRATIVE DETAILS Company No. 05999418 Charity No. 1121287 Registered Office 155 Acton Lane London NWIO 7NJ Directors and Trustees The Directors of the charitable company are its Trustees for the purp05e5 of charity law. The following Directors and Trustees served during the year- W.N.P. Alves D. Proops R.A.D. Souza Company Secretary A.L.D. Macedo Scolari Accountants DNS Accountants Chartered Accountants DNS House 382 Kenton Road Harrow HA3 8DP The Trustees are responsible for keeping proper accounting records that disc105e with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial ststements comply with the Companie5 Act 2006. The Trustees are also re5pon5ible for Safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report ha5 been prepared in accordance with the provisions applicable to companies subject to the small companies, regime 35 set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP IFRS 1021. Signed on behalf of the board W.N.P. Alve5 Trustee 12 May 2025 Page 2
sembleia De Deus Lond$ Report of the Trustees For the period ended 31 March 2024 The trustees present their report and the final statements for the period ended 31 March 2024. The Trustees who served during the period and up to the date of this report are set out on page l of the financial statements. Structure, GoVerftan and Management The body responsible for the management of the Charity is the Board of Tru5tee5. The Board of Trustees meet regularly to manage its affairs. Assembleia de Deus de Londres remains a registered charity INO. 11212871 while it is also a llmited Company by Guarantee (Company No. 059994181, allowing it to operate under an incorporated 5tatU5. Board of Trustees The Board of Trustees who served during the year 202312024 are listed on page l of the financial statements. Trustees are appointed or removed by the members at the annual general meeting. Operation The Trustees oversee the charity's day-to-day management. There 15 one full-time administrator (company secretary) and a senior minister who regularly communicates with the trustee5 and helps coordinate daily operations. The charity also has a small number of full- and part-time employees and is immensely gratef ul for the ongoing support of its many volunteers throughout the year. Objectlves and Activities l. Advancing the Christian religion through the proclamation and rtherance of the Gospel of God regarding His son Jesus Christ the Lord, along with the preaching and teaching of the Word of God by the Church, in accordance with the statement of fundamentsl truth5 of the Assemblies of God in Great Britain and Ireland. 2. Pursuing any other charitable purposes that support the above objective. 3. Continuing and furthering the charitable work of the Church in line with its doctrinal Statement. 4. Promoting religious observances and teaching5 as represented by Assemblie5 of God belief5 Achievernents and Performance The Church's financial accounts show a consistent match between income and expenditure. Although voluntary income and attendance continue to reflect the effects of the post-pandemic landscape. the year oncluded with a positive financial balance. This continued surplus gives the trustees confidence to pres5 forward into the future with faith and resilience. As part of its commitment to positively impactingthe local community and its members. the church organized multiple special events during the year. These events provide opportunities for engagement. fellowship, and the development of healthier lifestyles and value5. Despite limitations and adjustments in recent years, the church maintained its mission to serve and support the community. Charity Future The charity continues to assess and improve its working methods to ensure it remains effective and impactful. It stays dedicated to upholding high standards across all areas-spiritual. legal. financial, and operational. The charity also maint3ins its long-standing support for Christian families engaged in missionary work abroad. particularly in financially disadvantaged re8ions. viewing this as central to its mission of advancing the Christian faith globally. Risk Management The trustees regularly review major risks. Adequate reserves are maintained. and internal contro15 are reviewed annually to ensure reslllence against adverse conditions. Operational and financial risks have been a55essed. and procedure5 are in place to mitigate them. Page 3
Assemblela De Deus Londres Restricted Funds The charity manage5 funds Specif ically designated for certain projects. If such projects remain incomplete or have been terminated, the funds are returned to donors unless permission has been granted to repurpose the donation. During this financial year, the charity received £ £65,596 in restricted income and incurred equivalent expenditures, resulting in a nil balance of restricted funds at year-end. Fixed Assets Movement5 in tangible fixed assets are outlined in the atcounts. During the year, the charity invested a total of£175,894 in property, plant, and equipment. Funds Available The charity's unrestricted general funds at year-end amounted to £2,039.149 inclusive of revaluation reserve on investment property £204,804. indicating adequate resources to continue operating all principal activitie5 for the medium term. The trustees consider the financial health of the charity to be satisfactory. Statement of Tru5tee5' Responsibilities The trustees are responsible for preparing the annual report and financial statements in accordance with applicable laws and UK Generally Accepted Accounting Practice. The law applicable to charitie5 in England and Wales requires trustees to prepare financial statement5 that provide a true and fair view of the charity's financial artivities and its financial position at year-end. In preparing these financial statements. trustee5 must: Select and consistently apply appropriate accounting policies,. Make reasonable and prudent judgement5 and estimates. and Prepare the financial statements on a going concern basis unless it is inappropriate to assume the charity will continue. The trustees are also responsible for.. Maintaining adequate accounting records: Ensuring the financial statements comply with the Charities Act 2011,. and. Protecting the charity's assets and taking appropriate measures to prevent and identify fraud and other irregularities. Approval This report has been approved by the Board of Trustees on 12 May 2025 and signed on its behalf by: NAIV Trustee Page 4
Assemblela De Oou5 Londres rfepandÈhtEximlnerfsAoport Independent Examlnerfs Report totheinfjteesof Assemblola De Lu5 De iaMI I report to the charlty trustees on my exaffllnat#)Tr of ihe ilnanclal statements of Assembleia Oe De Londres for the year ended 31 March 2024 Rwnslbllllles and %1$ of report s the charitrls trustees of the company land also Its dirertors for the purposes ol company lawl youare responsible for the preparation of Ihe finandal statements in accordance with the requirements ofthe Companles Act 2011. Ha¥ing satisfied rny5elf that the financi•l aternents of the Charityare not required to be aUrted under Part 16 of the 2006 Act and are ellilble for Independent examlnatfon, I report in respect of my examinatfon of ur charfty's flnandal siatements as carrFed ¢M under secilon 145 of the Charltles Act 1011 <he 2011 Art'l. In Cdrrylnl out my exarnination I he followed the Dlreciiors al4n by the ChaTity Commissron undersertion 145151 {bl of the 2011 Acl. Independent examlTrerfs ststement As the ¢harity'$ Iross irKome exceeded £250,¢XKlyour examlner must be a member of a bth Ilsted in settlon 145 of the 2011 Art. I conflrm that l am quaSfied to undertake the examlnatton because l am a member of , which is one of the listed bodle& I have Completed rny examlnatlon. I can confirm that no materfal matter5 have come to rny attentin in connection wlth the examlnatlon EivknE me cause to believe: • ihe flnanclal 5tatement5 do not ac¢ofd wlth Ihose 5. or • the financial statements do not comply wlth the •ccountlnK requirements under sectton 396 of the 2tKJ6 Art other than any requlrement that the financi4151atements£i¥e a 'true and laie vlew which is not a maltef considered as part of an independent examinalion: or • the finandal statements have not been pr•pawd In accordance wtth the m•thods and principles of the Sl•tsrnent of Recamrnended for acc•untSng and repcrtlng by charlties applicable to charflies preparin8 their accounts in accordan with the FiDanclal Reiry Standard applkable in UK Republle ol Ireland IFRS 1021. I h•v no concerns ond have come acr055 no other matters in connettlon with the examination to which attentlon should be drawn In this report ID order to enable a w•per under5tsndin8 of the financial statemwts to be reached. DNS Avodates Charterqd Management Account 382 Klnton Road Harrow, Mlddlesex HA3 8DP 12 May 202S 8UMIT AGARWALACMA CHARTEREO MANAGEMENT ACCOUNTANT ONS ACCOUNTANTS LTD DNS HOUSE, 382 KENTON ROAD HARROW, MIDDLESEX HA3 8DP TEL.. 033 0088 6$86 FAX.. 020 8907 8442 Page S
Assemblela De Deus Londre5 Statement of Financial Actlvltles forthe year ended 31 March 2024 Unrestrfrted funds Total funds Total funds 2024 2024 2023 Notes Income and endowments from: Donations and legacies Charitsble activities Investments Other 327,116 77,986 1,208 29,135 327.116 77,986 1,208 29,135 269.084 91.043 259 34.313 Totsl 435.445 435,445 394.699 Expenditure on: Raising funds Other 3.323 485,270 3.323 485,270 26,850 439,027 Total 488,593 488.593 465.877 Net gains on investments Net expenditure io 153.1481 153.1481 171.1781 Net movement in funds 153,1481 153,1481 171,1781 Reconciliation of funds: Revaluation reserv 202,804 204,81)4 Totsl funds brought forward 1,887,493 1,887,493 1,958,671 Total funds carried forward 2,039,149 2.039.149 1.887,493 Page 6
Assemblela De Deus Londres Summary Income and ExpendItU Account for the year ended 31 March 2024 2024 2023 Income 434.237 394,440 Interest and investment income 1,208 259 Gross income for the year Expenditure 435,445 394.699 343,831 376.546 Interest payable 61,548 41.014 Depreciation and charges for impaimient of fixed assets 83,514 48.317 Total expenditu for the year Net expenditure before tax for the year 488,593 465877 153,1481 171,1781 Net expenditure for the year 153.1481 171.1781 Page 7
Assembleia De Deus Londres Balan Sheet at 31 March 2024 Company No. 05999418 Notes 2024 2023 Fixed assets Tangible assets Investments Property 12 1.996.046 675.OiJJ 2,671,046 1.903,364 470,196 2,373,560 CUnt assets Debtors Cash at bank and in hand 14 56,711 58,801 115,512 1136,164} 120,6521 2,650,394 58,651 250,077 308,728 1102,1901 206,538 Credltors: Amount falling due within one year Net current assets/(Ilabilities) Total assets less current liabilities 16 2,580,098 Creditors: Amounts falling due after more than one year Net assets exdudlng pension asset or liabillty Total net assets 17 1611,2451 2,039,149 {692,6051 IB87,493 2.039.149 1,887,493 The funds of th• chaiity Restricted funds Unrestricted funds Generdl funds 18 18 1,834,345 1.887,493 1,867,014 204,804 1.887,493 Revaluation Reserves Total funds 2,039,149 1,887,493 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For theyear ended 31 March 2024 the company was entitled to exernption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The director5 acknowledge their responsibilities for complying with the requirements of the Companies Act 2LX)6 with respect to accounting records and the preparation of accounts. Approved bythe board on 12 May 2025 And ned on it5 ehalf by.. W.N.P. Alves roops Trustee A.L.D.M. Sculari Socrelary Trustee 12 May 2025 Page 8 13
Assembleia De Deus Londres Statement of Cash flows for the year ended 31 March 2024 2024 2023 Cash flows from operating activitie5 Net Income/{expenditure) per Statement of Financial Activities 153,1481 171,178} Adjustments for. Depreciation of property, plant and equipment Dividends, interest and rents from investments Decreaselllncreasel in trade and other receivables Increase in trade and other payables 83.214 {30.3431 1,940 17,8841 23,239 134,5721 8,207 1116.8221 Net cash used in operatlng actlvities 16.2211 1191,1261 Cash flows from investing activitles Payments for property, plant and equipment Dividends. interest and rents from investments 1175,8941 30,343 34,572 Net cash (used inllfrom Investlng artivitles 1145,551) 34,572 Cash fl¢)ws from financin8 activities Repayment of borrowings and payable 135,3841 205,851 Repayment of obligations under finance lease and hire purchase contract Net cash (used in)/from financin8 activities {3.1491 {35.3841 202,702 Net {decrease)lincrease in cash and cash equlvalents 17.648 46.148 Cash and cash equlvalents at the beBinnin8 of the year 239,564 171.037 Cash and cash equlvalents at the end of the year 257,212 217,185 Components of cash and cash equlvalents Cash and bank balances Bank overdrafts 58,801 16,3911 252,777 {10.513 52.410 242.264 Page 9
Assembleia De Deus Londres Notes to the Accounts for the year ended 31 March 2024 l Accounting policies Basis of preparatlon The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in actordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I January 20151- (Charities SORP IFRS 10211. the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Change in basis of accounting or to previous accounts There has been no change to the accounting policies Ivaluation rules and method of accountingl Sin last year and no change5 have been made to accounts for previous year5. Fund accounting Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestricted funds earmarked by the trustees for particular purpose5. These are unrestritted ftjnds which include a revaluation reserve representing the restatement of investment assets at their market values. These are available for use subject to restrirtions imposed by the donor or through terms of an appeal. De5i8nated funds Revaluation funds Restrirted funds Income Recognition of income Income is included in the Statement of Financial Activities ISOFAI when the charity 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 of grants, donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SOFA at the same time as the donations and gifts giftldonation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure} and facilities where the benefit to the Charity is reasonably quantifiable. measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gainslllosse51 on This includes any gain or loss resulting from revaluing investments to market value revaluation of fed at the end of the year. assets Gainslllossesl on investment assets legacies This includes any gain or loss on the sale of investments. Page 10
Assembleia De Deus Londres Notes to the kcounts Expendlture Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading Costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activitie5 services in the furtherance of its objects, including the making of grants and 80vernance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees atthe end ofthe year but notyet paid. These include those costs associated with meeting the constitutional and ststutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. These are support costs not allocated to a particular activity- Grants payable Governance costs Other expenditure Taxatlon The charity is exempt trom corporation tax on its charitable activities. Freehold Investment property Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing io pay for the items on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand. demand deposits with banks and other short-term highly liquid investments with original maturities of three months or le55 and bank overdrafts. In the statement of financial position. bank overdrafts are shown within borrowings or cutrent liabilities. In the Ststement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part ofthe company's cash management. Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. CdItorS and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Page 11
Assemblela De Deus Londre5 Notes to the Accounts Research and development Expenditure on research and development is written off in the year in which it is incurred. Foreign currencies Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. Leased assets Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset. the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or. if lower, at the present value of the minimum lease payments. The corresponding liability to the le550r is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are reco8nised immediately, unless they are directly attributable to qualifying assets. in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned a55ets. Opp.rating le.asp payments are recognised as an expense on a straight-line basis over the lease temi. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line ba515. Pension costs The charity operate5 a def ined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. Receipt of donated goods, facilities and seNios All donated gaods, facilities and services received are reco8ni5ed within incoming resour5 and expenditure at an estimate of the value to the charity. 2 Company status The company is a private company limited by guarantee and consequently does not have share capital. Page 12
Assembleia De Deu5 Londres Notes to the Accounts 3 Statement of Flnanclal Activitie5- prior year Unrestrirted funds Total funds 2023 2023 Income and endowments from: Donations and legacies Charitable activities Investments Other 269,084 91,043 259 269,084 91,043 259 34,313 34,313 Total 394,699 394,699 Expenditure on: Raising funds Other 26,850 439,027 26,850 439,027 Total 465.877 465.877 Net Income 171,1781 171.1781 Net income betore other galnslllosses) Other galns and losses: Net movement in funds 171.1781 171,1781 171.1781 171,1781 Reconallatlon of funds: Total funds brought forward Total funds carried forward - 1,958,671 1,958,671 1,887,493 1.887,493 4 Income from donations and legacles Unrestrlcted Total Totsl 2023 2024 Collections by cash Restrictgd Fund 261,520 65,596 327,117 261,520 65,596 327,117 269.084 269.084 5 Income from charitable artivities Unrestricted Total Total 2024 2023 Gift aid tax claimed 77,986 77,986 91.043 Page 13
Assemblela De Deus Londres Notes to the Accounts 6 Income from investments Unrestricted Total Total 2024 2023 Interest received 1,208 1.208 1,208 1.208 259 259 7 Other Income Unrestricted Totsl Totsl 2024 2023 Letting/hire income 29.135 29.135 29.135 29.135 34.313 34,313 8 Expenditu on raising funds Unrestricted Totsl 2024 Total 2023 Costs of generoting voluntary income Collectlons by cash Investment management costs 3.323 3,323 15.371 Collectlons by cash 11,479 26,850 3,323 3,323 9 Other expenditure Unrestricted Total Totsl 2024 2023 Event Expense General Expense Bank loan and overdraft interest payable Other interest payable 16,453 3,016 16,453 3,016 26850 14,705 60,798 60,798 39,848 750 750 1,166 Employee costs Motor and travel costs 148.006 46,480 66.149 148,006 46,480 66,149 152.800 45.675 55.407 Premises costs Amortisation, depreciation, impairmenL, profitlloss on disposal of fixed assets General administrative costs Legal and professional cost5 83,214 83,214 48.317 79,232 19,344 523,442 79.232 19,344 523.442 47,443 33.667 465,878 Page 14
Assembleia De Deus Lond$ Notes to the Accounts 10 Net expenditure before transfers 21Y24 2023 This IS stated after charging.. Depreciation of owned fixed assets 11 Staff costs 83,214 48,317 2024 134.370 9.315 2,812 146,497 2023 Salaries and wages Social security costs Pension costs 133.634 14.937 2,654 151,225 No efflployee received emoluments in excess of £60.000. 12 Tangible fixed assets Equipment Motor Vehicle Fixture and Property Fitting Improvement Cost or revaluation At l April 2023 Addition5 and revaluation At 31 March 2024 Dcprcclatlon and impairment At l April 2023 Depreciation charge for the year At 31 March 2024 12,531 67,429 96,468 367,230 8,355 375,585 2,178,256 ioo,iio 2,278,366 96,468 11,662 51.526 354,987 332.944 23,345 11,236 5,149 43,484 7 62,762 360,136 376,428 Net book values At 31 March 2024 At 31 March 2023 33,706 9 44,942 1,901,938 1.845.312 12,243 13 Investments Investments Property Total Cost or revaluatlon At l April 2023 Revaluation At 31 March 2024 Net book values At 31 March 2024 At 31 March 2023 470,196 204,804 675,000 470,196 204,804 675,000 675,000 470,196 675.0Th) 470,196 Page 15 OS
Assembleia De Deus Londres Notes to the Accounts 14 Debtors 2024 2023 Other debtors Prepayments and accrued income 56,711 36,891 21,760 58,651 56,711 15 Creditors: amounts falling due within one year 2024 2023 Bank loans and overdrafts Other loan5 Trade creditors Other taxes and social security Loans from trustees Other creditors 16,147 20,037 18,665 35,185 {17,3261 16,000 29,629 102,190 41,789 11.9iJ)I 15,719 136,164 16 Credltors: amnijnts falling dijp. after mnrp than nnp year 2024 2023 Other bank loans Bank loans and mortgage 30,384 580.861 611.245 39B05 652.800 692.605 17 Movement In funds Incoming resources {in¢ludin8 other gainsllosse5) At31 March 2024 Resources expended At l April 2023 Restrlcted funds: Unrestrlcted funds: General funds Revaluation Reserve 1.887.493 435,445 204.804 1488,5931 1.834.345 204.804 Totsl fund5 640,249 1488,5931 2,039,149 Page 16 A<
Assemblela De Deus Londres Notes to the Accounts 18 Analysis of net assets between funds Unrestricted funds Totsl Fixed assets Investments Net current assets 1,996.046 675,000 120,652) 1.996.046 675,CiJO 120.6521 Creditors due in morethan oneyear and provlslons 1611.2451 1611.2451 2.039.149 iQ2W2 19 Reconcillatlon of net debt At31 March 2024 At l April 2023 Cash flows C35h and cash equivalents 250.077 250.077 1191,276} 1191,276} 58,801 58,801 Borrowings Rank loans 1671,465} 149,328} 1720.7931 26.195 9.188 74.052 {645.270} 140,140} {685.4101 Net debt 470 716 155 20 Commltments Penslon commitments 2024 2023 The pension cost charge to the company amounted to.. 21 Related party disdosures Contmlling party The company is limited by guarantee and has no share capital; thus no single party controls the company. Page 17
Assembleia De Deus Londres Detailed Statement of Financlal Actlvltles for the year ended 31 March 2024 Restrlcted and Unrestrirted funds 2024 Total funds 2024 Total funds 2023 Income and endowments from: Donation5 and legacies Restricted Fund 261.520 65.596 327,116 261,520 65,596 327,116 269,084 269,084 Charitable activities Gift aid tax claimed 77,986 77.986 77.986 77,986 91,043 91,043 Investment5 Interest received 1,208 1,208 1,208 1,208 259 259 Other Grants received 29,13S 29,135 29,135 29,135 34,572 Total income and endowments 435,445 435,445 394.699 Expenditure . Costs of generating donations and legacies 3.323 3,323 3,323 3,323 15,371 15,371 Investment management costs 11.479 11.479 Total of expendlture on raising funds 3,323 3,323 26,850 Other expenditure Event Expense General Expense Bank loan and overdraft interest payable other interest payable 16,453 3.016 16,453 3,016 14.705 750 750 1,166 60,758 81,017 60,758 81,017 39.848 82.569 Employee costs Salaries/wages Directors, rernuneration Employer'5 NIC Penslon costs Staff training 65,400 68,970 9.315 2.812 1.509 148.006 65,400 68,970 9.315 2,812 1,509 148.006 65.964 67.670 14.937 2,654 1.575 152.800 Page 18
Assemblela De Deus Londres Detailed Statement of Financial Activities Motor and Travel cost 7,336 7.336 4.211 Vehicles - General costs Travel and subsistence 39,144 46,480 39,144 46.480 41,464 45,675 Premises costs Rent 25 Rates 1.367 24,643 1,967 38,171 66,159 1.367 24.643 1.967 38.171 66,159 3.119 22A15 5.360 24.488 55,407 Light. heat and power Premises cleaning Premises, repairs and maintenance General administrative costs. including depreciation and amortisation Depreciation of land and buildings Depreciation of equipment Depreciation of motor vehide Depreciation of fixture and fitting Bad debts 8diik Llidige5 Equipment expensed Equipment leasing and hire charge5 Equipment repairs and maint General insurances Information and publications Postage and couriers Software. IT support and related costs 43.484 43,484 25,078 23.345 11,236 5,149 16,601 11,236 5,149 4,177 14,981 4,081 3,448 5.021 2,430 6,572 2,430 6,572 4,291 4,291 154 7,346 5,378 910 18 7,472 2,447 159 7.472 2.447 159 4,233 4.233 Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband 344 344 6.982 677 327 6.699 11.784 4.714 95,760 6,982 677 5,454 124,275 5,454 124,275 Legal and professional costs Accountancy and bookkeeping Consultancy and management fee5 8,544 10.800 19.344 8,544 10,800 19,344 9.069 24,598 33.667 Total of expenditure of other cost5 Total empenditurc 485,270 485,270 439.027 488,593 488,5g3 465.878 Net gains on investments Net expenditure 168,6971 168,6971 171,1781 Net expenditure before other gains/(105se5) 168,6971 168,6971 171,1781 Page 19
Assemblela De Deus Londres Detailed Statement of Financial Activities Other Gain5 on revaluation of property 21N.804 Net movement In funds 151,656 151,656 {71.178} Reconciliation of funds: Total funds brought foThvard 1,887,493 1,887.493 1.958.671 Total funds carrled forward 2,039,149 2,039.149 1.887.493 Page 20