2022-02-28-accounts

Inde endent Examiner	Inde endent Examiner
Babatunde Mosaku
Lyncage Professional	Services
Office 10,Syac Building
120The Wicker
Sheffield S38JD

For the year Ended 2	8	Febru	ary	2022
						2022	2021
					Notes
Incoming Resources
Donations, Legacies and		Similar Incoming Resources				153,816	127,449
Bank Intet'est							18
Gift Aid						30,949	25,604
Total Incoming Resources						184,764	165,055
Resources Expenses
Honorarium BcGift Expenses						2,521	250
I-Iotel BcAccommdation						12,301
Telephone BcInternet Connections						257	1,586
Travel BcTransportation		Expenses				7,407	2,795
Conference BcEvent Expenses						5,839	800
Equipment 8cWorship	Material					1,363
Publicity
Printing BcStationery						1,391
Refreshments BcHospitality						9,928	7,682
Charitable Donations						295	410
Independent Examination						1,400	1,400
Insurance						825	1,657
Repairs & Maintenance						3,851	1,745
Wem Returns						23,840	23,925
I.eadership Training R	Development						4,523
COF						800	960
Membership and Subscriptions						291
Mortgage Interest							561
Salaries						29,632	36,664
HMRC Tax R.National	Insurance			Contribution		7,386	4,826
I&cence							1,258
Legal BcProfessional Fees							1,125
Payroll Cost							Z50
Depreciation						19,052	16,433
Other Expenses						800	51
Welfare						57420	8,735
Utilities						2,145	3,353
Cleaning						3,384	2,664
Postage BcStamps
Bank Charges						32
Pension —Nest						2,350	1,903
Mission						8,750	10,000
Total Resources Expended						151,759	135,880
Net Incoming / (Outgoing)			Resources			33,006	29,175
Total Funds Brought	Forward					145,983	116,808
Total Funds Carried Forward						178,989	145,983

			Notes
Fixed Assets
Building				78,190	83,403
Technical Equipments				12,680	10,719
Motor Vehicle				31,953	37,279
				122,824	131,401
Current Assets
Cash at Bank tk In Hand				71,700	37,121
				71,700	37,121
Creditors Amount	Falling due within One year
Net Current Assets/(Liabilities)				71,700	37,121
Total Assets Less Current Liabilities				194,524	168,522
Creditors: Amounts	Falling due after more than one year	5		15,535	22,539
Total Net Assets				178,989	145,983
Represented by
Accumulated Fund
Unrestricted Income				178,989	145,983
Restricted Income
				178,989	145,983

2	Donations Le acies and other Similar Incomin	Resources
		2022	2021
	Tithe	47,982	112,496
	Offering	23,144	20,271
	Thanksgiving	10,042	6,215
	Special Offering
	Other Income	20,150	1,082
	Building Income	52,497
	Unpaid Cheques	(0)	(630)
		153,816	139,434

b	This represents Finance on Bus (Benz)
	Balance As At Mar'21	19,735
	Finance Payment	4,200
	Balance As At Feb'22	15,535
	Mortgage Balance
	Finance on Bus Balance	15,535
	Total Longterm Liabilities	15,535

7	Cash at Bank 8cin Hand
	Main Bank Account	4,704
	New Account	490
	BMM Acount	65,006
	Building Account	1,500
		71,700

Fixed Assets	*Building	Technical Equipment	Motor Vehicle	Total
Cost or Valuation
As at 1 March 2021	130,320	23,578	53,257	207,155
Additions		10,475		10,475
Disposal
As at 28 February 2022	130,320	34,053	53,257	217,630
Depreciation
As at 1 March 2021	46,917	12,860	15,978	75,755
Charge for this period	5,213	8,513	5,326	19,052
Disposal
As at 28 February 2022	52,130	217373	217304	94,807
Net Book Value
As at 28 February 2022	78,190	12,680	31,953	122,824
As at 28 Febmary 2021	83,403	10,718	37,279	131,400
~Buildin
Purchase Price	115,000
Incidental Cost	15,320
	130,320