# ## ## ||||Page| |---|---|---|---| |Trustees'|annual
report||| |Independent
examiner's
report to the trustees|||| |Statement|of financial|activities|| |Statement|of financial|position|| |Notes to the financial statements|||10| ## ## ## |Registered|Registered|charity|name|DESTINY INTERNATIONAL|DESTINY INTERNATIONAL|DESTINY INTERNATIONAL|CHRISTIAN ASSEMBLY| |---|---|---|---|---|---|---|---| |Charity|registration||number|1124464|||| |Principal|office|||95 Camberwell|Station Road||| |||||Camberwell|||| |||||LONDON|||| |||||SE59JJ|||| |The trustees|||||||| |||||Pastor Preowei|Ovia||| |||||Dr. Yaya Obozua|||| |||||Pastor Moses Ekhuemelo|||| |||||Mr. Blessing A.|Joseph||| |||||Rev. Mrs Tinuade||Ovia|| |Independent||examiner||Mr Joshua Efue FCCA|||| |Bankers||||CAF Bank|||| |||||25 Kings
Hill Avenue|||| |||||West Mailing|||| |||||KENT|||| |||||ME194JQ|||| |||||HSBC pic|||| |||||22 Stamford Street|||| |||||Blackfriars|||| |||||LONDON|||| |||||SE1 9LJ|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2021||2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted||| |||||funds|funds|Total funds|Total funds| ||||Note|F|||| |Income and endowments|||||||| |Donations
and legacies|||4|124,254|82,686|206,940|278,353| |Other trading
activities|||5||9,600|9,600|9,600| |Investment
income|||6|1,512|16|1,528|1,182| |Total income||||125,766|92,302|218,068|289,135| |Expenditure|||||||| |Expenditure
on raising funds:|||||||| |Costs of raising donations||and|||||| |legacies|||7|175,870|1,800|177,670|169,844| |Expenditure
on charitable|activities||8,9|2,251|1,533|3,785|3,524| |Total expenditure||||178,121|3,333|181,455|173,368| |Net income and net movement||in|funds|(52,355)|88,969|36,613|115,767| |Reconciliation
offunds|||||||| |Total funds brought
forward||||856,712|266,172|1,122,884|1,007,118| |Total funds carried forward||||804,357|355,141|1,159,498|1,122,884| ## ## ||||Note|2021
f|2020
F| |---|---|---|---|---|---| |Fixed assets|||||| |Tangible fixed assets|||14|49,695|51,680| |Current assets|||||| |Debtors|||15||20,000| |Investments|||16|30,300|10,300| |Cash at bank and|in|hand||1,084,788|1,049,006| |||||1,115,088|1,079,306| |Creditors: amounts||falling due within one year|17|5,285|8,102| |Net current assets||||1,109,803|1,071,204| |Total assets less|current liabilities|||1,159,498|1,122,884| |Net assets||||1,159,498|1,122,884| |Funds ofthe charity|||||| |Restricted funds||||355,141|334,867| |Unrestricted
funds||||804,357|788,017| |Total charity funds|||19|1,159,498|1,122,884| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---|---|---|---| ||||||||Funds
f|Funds
f|2021
6| ||Donations||||||||| ||Donations||||||120,012|52,918|172,930| ||Gift Aid|Claims|||||||| ||Gift Aid|Donations|||||4,242||4,242| ||Building|Fund||||||29,768|29,768| ||||||||124,254|82,686|206,940| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds|2020| ||||||||k|F|F| ||Donations||||||||| ||Donations||||||164,824|36,734|201,558| ||Gift Aid|Claims|||||46,637||46,637| ||Gift Aid|Donations|||||3,279||3,279| ||Building|Fund||||||26,879|26,879| ||||||||214,740|63,613|278,353| |5.|Other trading|||activities|||||| |||||||Restricted|Total Funds|Restricted|Total Funds| |||||||Funds|2021
F|Funds
f|2020| ||Rental|income||||9,600|9,600|9,600|9,600| |6.|investment||income||||||| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds
6|Funds
f|2021| ||Bank interest||receivable||||12|16|28| ||Other investment||||income||1,500||1,500| ||||||||1,512|16|1,528| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds
8|Funds
6|2020
f| ||Bank interest||receivable||||82|101|182| ||Other investment||||income||1,000||1,000| ||||||||1,082|101|1,182| ## ## ## |Yea|r ended 31 December|r ended 31 December|r ended 31 December|r ended 31 December|2021|2021||| |---|---|---|---|---|---|---|---|---| |7.|Costs ofraising donations||||and legacies|||| |||||||Unrestricted|Restricted|Total Funds| |||||||Funds
f|Funds
f|2021
E| ||Costs of raising donations|||and legacies||155,036|1,800|156,836| ||Costs of raising donations|||and legacies||16,752||16,752| ||Costs of raising donations|||and legacies||4,082||4,082| |||||||175,870|1,800|177,670| |||||||Unrestricted|Restricted|Total Funds| |||||||Funds|Funds|2020| ||||||||6|| ||Costs of raising donations|||and legacies||148,331|1,795|150,126| ||Costs of raising donations|||and legacies||14,250|1,372|15,622| ||Costs of raising donations|||and legacies||4,096||4,096| |||||||166,677|3,167|169,844| |8.|Expenditure||on charitable||activities|by fund type||| |||||||Unrestricted|Restricted|Total Funds| |||||||Funds|Funds|2021| |||||||5|6|E| ||Support|costs||||2,251|1,533|3,785| |||||||Unrestricted|Restricted|Total Funds| |||||||Funds|Funds|2020| |||||||6|6|| ||Support|costs||||2,074|1,452|3,524| |9.|Expenditure||on charitable||activities|by activity type||| ||||||||Total funds|Total fund| |||||||Support costs
6|2021
f|2020
f| |Bank|charges|||||1,985|1,985|1,824| |Governance||costs||||1,800|1,800|1,700| |||||||3,785|3,785|3,524| |10.|Net income|||||||| ||Net income is||stated after charging/(crediting):|||||| ||||||||2021|2020| ||||||||F|F| |Depreciation||oftangible fixed assets|||||1,987|2,936| ## ## ## ## ## |Staffcos|ts||||| |---|---|---|---|---|---| |The total|staff costs and|employee|benefits for the reporting|period are analysed as|follows:| |||||2021|2020
f| |Wages and salaries||||73,000|73,000| |Social security costs||||3,637|3,661| |Employer|contributions|to pension|plans|1,567|2,037| |||||78,204|78,698| ## ## ## ## ## ## |14.|Tangible fixed ass|et|s||||| |---|---|---|---|---|---|---|---| |||||Freehold|Fixtures and|Motor|| |||||property
f|fittings
f|vehicles|Total| ||Cost||||||| ||At 1 January 2021|and|||||| ||31 December 2021|||40,644|56,210|4,903|101,757| ||Depreciation||||||| ||At 1 January 2021||||45,173|4,903|50,076| ||Charge for the year||||1,987||1,987| ||At 31 December 2021||||47,160|4,903|52,063| ||Carrying
amount||||||| ||At 31 December 2021|||40,645|9,050||49,695| ||At 31 December 2020|||40,644|11,036||51,680| |15.|Debtors||||||| |||||||2021|2020| |||||||f|| ||Other debtors||||||20,000| |16.|Investments||||||| |||||||2021|2020| ||||||||6| ||Other investments|||||2,800|2,800| ||Other investments|- Long term||||27,500|7,500| |||||||30,300|10,300| |17.|Creditors: amounts||falling due within one year||||| |||||||2021|2020
f| ||Trade creditors|||||674|1,639| ||Accruals and deferred|||income||4,464|1,700| ||Social security and|other taxes||||147|4,763| |||||||5,285|8,102| ## ## ## ## ## |||||||||At 31| |---|---|---|---|---|---|---|---|---| ||||At 1 January|||||December| ||||||2021
E|income
6|Expenditure
E|2021
f| |General funds||||856,712||125,766|(178,121)|804,357| |||||||||At| |||||||||31| ||||At 1||January|||December| ||||||2020|Income
9|Expenditure
f|2020
f| |General funds||||740,946||215,822|(168,751)|788,017| |Restricted|funds|||||||| |||||||||At 31| ||||At|1 January||||December| ||||||2021|Income
f|Expenditure
F|2021
E| |Restricted|Fund|1 - desc in a/cs||266,172||92,302|(3,333)|355,141| |||||||||At 31| ||||At 1||January|||December| ||||||2020
E|Income
E|Expenditure
f|2020| |Restricted|Fund|1 - desc in a/cs||266,172||73,314|(4,619)|334,867|