| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Income | ||||||
| Sale ofgoods | 14,064.35 | 29,847.85 | ||||
| Government | Grants | 17,573.21 | ||||
| 31,637.56 | 29,847.85 | |||||
| Purchases | 4,210.50 | 8,886.00 | ||||
| 4,210.50 | 8,886.00 | |||||
| Expenditure | ||||||
| Salaries | 0.00 | 0.00 | ||||
| Employers | Nl | 0.00 | 0.00 | |||
| Employers | pension | 0.00 | 0.00 | |||
| Rent | 1,383.00 | 4,141.00 | ||||
| Water rates | 153.57 | 207.49 | ||||
| Rates | 59.25 | 410.65 | ||||
| Electric | 546.51 | 804.25 | ||||
| Motor expenses | 3,477.98 | 6,168.17 | ||||
| Van hire | 0.00 | 0.00 | ||||
| Accountancy | 120.00 | 120.00 | ||||
| Bank charges | 105.00 | 290.00 | ||||
| Insurance | 691.08 | 659.42 | ||||
| PPS | 151.25 | 90.00 | ||||
| Sundry | 200.00 | 0.00 | ||||
| Dep on plant | 34.91 | 46.55 | ||||
| Dep on fixtures | 44.59 | 52.45 | ||||
| Dep on Motor | 25.21 | 33.61 | ||||
| 6,992.34 | 13,023.59 | |||||
| Profit/ (Loss) | for year | 20,434.72 | 7,938.26 |
| Olive Tree Ministri | Olive Tree Ministri | es UK |
|||
|---|---|---|---|---|---|
| Balance Sheet as | at 31stJanuary 2021 | ||||
| 2021 | 2020 | ||||
| Fixed Assets | |||||
| Plant & | Machinery | 104.73 | 139.64 | ||
| Fixtures | & Fittings | 252.65 | 297.24 | ||
| Motor Vehicle | 75.62 | 100.83 | |||
| 433.01 | 537.71 | ||||
| Current | Assets | ||||
| Stock | 2,000.00 | 2,000.00 | |||
| Bank | 15,189.64 | 375.33 | |||
| Cashin | Hand | 2,513.44 | 804.74 | ||
| 19,703.08 | 3,180,07 | ||||
| Current | Liabilities | ||||
| Creditors | 1,266.19 | 5,282.60 | |||
| 1,266.19 | 5,282.60 | ||||
| Net Current Assets | 18,436.89 | 2,102.53 | |||
| 18,869.90 | 8~1,564.82 | ||||
| Represented By: |
|||||
| Capital Account | |||||
| Opening | Capital | (1,564.82) | (9,503.08) | ||
| Net (deficit)/surplus | for the year | 20,434.72 | 7,938.26 | ||
| F | 18,869.90 | 8~1,564.82 |