Registered Charity Number 1124518
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTERNATIONAL- EDGWARE Report and Accounts 18 April 2021
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Report and accounts Contents
| Page | |
|---|---|
| Charity information | 1 |
| Trustees' report | 2 |
| Statement of Trustees' Responsibilities | 7 |
| Accountants' report | 8 |
| Statement of Financial Activities | 9 |
| Balance sheet | 11 |
| Notes to the accounts | 12 |
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Company Information
Board Of Trustees
Rt Rev Akwasi Asare Bediako Rev Richard Owusu Mr Daniel Kobina Buckman Mr Eric Boakye Agyemang
Accountants
Arthur Godsons & Associates Chartered Certified Accountants. Hayes Middlesex UB4 8QY
Bankers
HSBC P O Box 27 101-103 Station Road Edgware Middlesex HA8 7JJ
Registered office
960 CAPABILITY GREEN LUTON LU1 3PE
Registered number 1124518
1
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE The report of the trustees
The trustees present their report and accounts for the year ended 18 April 2021
Name, registered office and constitution of the charity
The full name of the charity is Resurrection Power and Living Bread Ministries International, Edgware.
The charity was formed as an unincorporated charity.
Its registered charity number is : 1124518
The registered office is :
960 Capability Green, Luton, LU1 3PE
The telephone number is : 2088481050
The Objects of the Charity and how it is attempting to achieve the objectives The Edgware branch of the Resurrection Power and Living Bread Ministries International is committed to enabling as many people as possible to worship at our church and to become part of our community. We maintain an overview of prayer and worship throughout our church, and implements suggestions on how our services can involve many groups that live within the church. Our services and worship put faith into practice through prayer, scripture and music.
OBJECTIVES AND ACHIEVEMENTS
Resurrection power and living bread ministries are keen to offer a range of services during the week and over the course of the year, that our community find both benefits and spiritually fulfilling. For example, evening prayer meetings provide an intimate and reflective environment.
This year we have been very successful in welcoming more families into our church and have agreed a new style of family worship every Wednesday evening between the hours of 9.00pm to 10.00pm we go on a dedicated phone line to pray for ourselves and intercede for each other, our community, the nation and other countries affected by war, poverty and illness.
We also started a Sunday morning early church services for the youth in our community, this has enable them to engage in a more outgoing worship. The Church community also sponsored our youth aged between 16-21 years old to take part in a B4C Camp which took place at Keele university at Newcastle. There was a team of 78 including youth's from other branches of Resurrection power and Living Bread Ministries international, the
youth's were accompanied by our very own pastor Reverend Richard Owusu and other pastors.
The purpose of this trip was to motivate and encourage the youth in our church
community to learn the ethos and foundation of Resurrection Power and Living bread ministries, and to practice the dedication and selflessness of our predecessors through prayer and evangelism. The youth who attended this trip said they were happy with all the activities that took place, especially meeting and praying together in a way that they
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had never experienced before, the exercise sessions was also brilliant and they cherish the friendships made with other youths.
Our children's ministry creates the environment for the children to openly acknowledge the Love of God for them and learn to live by the principles of Christ. Every Sunday service, they study the Word of God and praise and worship Him. We also entreat them to live good Christian manners and behaviour as our Lord Jesus Christ said, allow the Children to come unto me for such are the kingdom of God. The Bible also commands us in Proverbs 22:6 to teach the children the way they should go and when they grow they would not depart from it. Currently we encourage them to learn hard at school and home and not to be lazy in petty household chores. The children's department launched their own music team (Living Voices), and they have grown from strength to strength ministering in songs in church. This has encouraged the children to build in confidence and realise their talents positively. Food and snacks are provided for them every Sunday.
As well as regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through child dedications we thank God for the gift of
life, in marriage public vows are exchanged with God's blessings and through funeral services friends and family express their grief and give thanks for the life which is now complete in this world and to commend the departed soul into God's keeping. We have celebrated 5 child dedications and supported the people in our church community who lost loved ones in their family.
THE PRAYER TOWER GROUP
The Prayer Tower is doing tremendously well. This is indeed the spiritual powerhouse of the church. The members meet on Saturdays to pray and intercede for the church and the nation.
MUSIC DEPARTMENT
The music team has improved in numbers and spiritual strength. They meet every two weeks to practice songs and pray to strengthen the team; this has reflected well in worship during church services and meetings. The music team also organised the church's first carols' night, it was phenomenal and exciting. It brought the children and adults together, and we plan to continue this every year.
WELFARE DEPARTMENT
The welfare department is entrusted with the general well being of the members and beyond. They visit hospitals and organise weddings, funerals, games as well as sporting activities. The welfare department was able to visit all new mothers at their respective homes and at hospitals; they also supported members who were in difficult situations as a result of the current recessionary climate in UK.
VOLUNTEERS
We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is, and all the other members of Resurrection power and Living Bread Ministries International Edgware Branch for their valuable contribution to our ministry and for keeping the church running.
Specific changes in fixed assets
Changes in fixed assets are shown in detail in the notes to the accounts. There were no acquisitions of equipments.
3
Availability and adequacy of assets of each of the funds
The Board of Trustees is satisfied that the Charity's assets are available and adequate to fulfil its obligations.
Policies on reserves, investment policies and investment performance
The trustees have resolved to establish reserves policy of maintaining unrestricted funds - free reserves of the Charity at a level which equates to approximately 5% of the anticipated expenditure for the following year.
Effectiveness of fundraising policies
The charity relies on grant aid from the donors identified in the accounts , whose support is valued. There have been no major other fundraising activities.
Some financials and reserves
Total incoming funds for the year amounted to £56,836 (including £10,276 as Government Covid grant) and the total expenditure also amounted to £45,562 leaving a net surplus of £11,274. Total Funds (both Restricted and Unrestricted) as at the end of the year stood at £181,881.
The Charity's grant making policies
This is not applicable to activities of the charity as no grants are made.
4
The major risks to which the charity is exposed and reviews and systems to mitigate risks
The trustees identify the major risks to which the charity is exposed each financial year when preparing and updating a strategic plan, in particular those related to the operations and finances of the charity. The trustees then review any major risks which have been identified, and establish systems Legal Status to mitigate those risks. The charity is satisfied that the systems are in place to mitigate their exposure to the major risks which have been so identified and reviewed.
1. Financial
The charity is open to the usual financial risks of any organisation, and the charity has introduced controls The members of the Board of Trustees of the Charity during the year ended to minimise these risks, such as two signatures being required for payments from the bank 18th April 2012 account. In addition, the accounts are regularly explained to members of the charity and are open for member's inspection at any time.
2. Other
Work with children and vulnerable adults is open to risks . The policy is that client's visits and counselling is done in pairs, as is children's' work.
Legal Status
The charity is an unincorporated charity governed by a written constitution adopted by its members. There are no restrictions in the governing document on the operation of the charity or on its investment powers , other than those imposed by general charity law.
The members of the Board of Trustees of the Charity during the year ended 18th April 2020 were:-
Rt Rev Akwasi Asare Bediako
Rev Richard Owusu Mr Daniel Kobina Buckman Mr Eric Boakye Agyemang
The members of the Board of Trustees of the Charity at the date the report and
accounts were approved were:- (As above) R
Bankers
HSBC P O Box 27 101-103 Station Road Edgware Middlesex HA8 7JJ
Auditors and details of their qualifications
5
Francis Arthur FCCA MSc MBA, Arthur Godsons & Associates Chartered Certified Accountants 126 Fairholme Crescent Hayes Middlesex UB4 8QY
6
Statement of Trustees' Responsibilities
Law applicable to charities in England & Wales requires the Board of trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the financial year In preparing those financial statements giving a true and fair view, the Board of trustees should follow best practice and :-
-
Select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed , subject to any departures disclosed and explained in the financial statements;
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate.
The trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and enable them to ensure that the financial statements comply with the requirements of applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of trustees on 2 February 2022
Signed
Rev. Richard Owusu Senior Pastor
Mr Daniel K. Buckman
Board of Trustees
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RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE
Independent Examiner's Report to Trustees of Ressurrection Power and Living Bread Ministries Intl
I report on the accounts of the Trust for the year ended 18/04/2021.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act
• to follow the procedures laid down in the general Directions given by the commission under section 145 (5) (b) of the 2011 Act
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to state whether particular matters have come to my attention
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to state whether particular matters have come to my attention
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to state whether particular matters have come to my attention
Basis of independent examiner’s report
My Basis of opinion examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the next state- ment.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with section 130 of the 2011 Act and to prepare accounts which accord with the accounting Independent Examiner's Statement, report and opinion records and comply with the accounting requirements of the 2011 Act have not been met or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Francis Arthur FCCA MSc MBA, Arthur Godsons & Associates Chartered Certified Accountants
2 February 2022
8
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Statement of Financial Activities for the year ended 18 April 2021
| Notes Incoming Resources Revenue grants,legacies & donations Investment income Total Incoming Resources Net Incoming Resources available for charitable applications Costs of generating voluntary income Governance Total Resources expended Net Incoming Resources before Transfers Gross Transfers between funds :- Net Incoming Resources before revaluations and investment asset disposals Net Movement in funds Total funds brought forward Additional Funds Total funds carried forward |
Unrestricted Restricted Total Funds Funds Funds 2021 2021 2021 £ £ £ 56,886 - 56,886 21 - 21 56,886 - 56,886 |
Prior Period Total Funds 2020 £ 132,676 - |
|---|---|---|
| 132,676 | ||
| 56,886 - 56,886 - |
132,676 | |
| 39,855 - 39,855 5,707 - 5,707 |
123,687 4,170 |
|
| 45,562 - 45,562 - |
127,857 | |
| 11,324 - 11,324 - - - - |
4,819 - |
|
| 11,324 - 11,324 - |
4,819 | |
| 11,324 - 11,324 - 165,501 5,056 170,557 0 0 0 |
4,819 165,768 0 |
|
| 176,825 5,056 181,881 - |
170,587 |
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on page 13 as required by the said Statement.
All activities derive from continuing operations.
The notes and schedule to the Statement of Financial Activities on pages 12 to 19 form an integral part of these accounts
9
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Statement of Financial Activities for the year ended 18 April 2021
Statement of Total Recognised Gains and Losses for the year ended 18 April 2021
| Statement of Total Recognised Gains and Losses for the year ended 18 April 2021 |
|
|---|---|
| Excess of income over expenditure before realisation of assets Net Movement in funds before taxation |
2021 2020 11,324 4,819 |
| 11,324 4,819 |
There were no recognised gains or losses for the year or the prior year that are not included above,except for the transfer to fund for fixed assets shown.
Movements in revenue and capital funds for the year ended 18 April 2021
| Revenue accumulated fund | Revenue accumulated fund | Unrestricted | Restricted | Total | Last year |
|---|---|---|---|---|---|
| Funds | Funds | Funds | Total Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Accumulated fund brought forward | 165,501 | 5,056 | 170,557 | 165,708 | |
| Recognised gains and losses | 11,324 | - | 11,324 | 4,819 | |
| 176,825 | 5,056 | 181,881 | 170,527 | ||
| Additional Funds | - | - | - | - | |
| Closing Accumulated fund | 176,825 | 5,056 | 181,881 | 170,587 | |
| Summary of funds | Designated | Unrestricted | Restricted | Total | Last year |
| Funds | Funds | Funds | Funds | Total Funds | |
| 2021 | 2021 | 2021 | 2021 | 2020 | |
| Revenue funds | - | 176,825 | 5,056 | 181,881 | 170,587 |
| Total funds | - | 176,825 | 5,056 | 181,881 | 170,587 |
The statement of changes in resources applied for fixed assets for Charity use is shown in the notes to the accounts
The notes and schedule to the Statement of Financial Activities on pages 12 to 19 form an integral part of these accounts
10
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Balance Sheet as at 18 April 2021
| Notes Fixed assets 9 Current assets Satellite churches -Current investment Debtors 10 Cash at bank and in hand Creditors: amounts due within one year 11 Net current assets Total assets less current liabilities Net assets satellite Capital and reserves Unrestricted revenue reserves Resources freely available Restricted revenue reserves Accumulated Funds |
2021 7,787 86,660 18,300 69,934 174,894 (800) 174,094 #VALUE! 181,881 176,825 176,825 5,056 181,881 |
2020 9,733 27,000 18,300 116,324 161,624 (800) 160,824 #VALUE! 170,557 165,501 165,501 5,056 170,557 |
2020 9,733 27,000 18,300 116,324 161,624 (800) 160,824 #VALUE! 170,557 165,501 165,501 5,056 170,557 |
|---|---|---|---|
| #VALUE! | |||
| 170,557 | |||
| 165,501 | |||
| 165,501 5,056 |
|||
| 170,557 |
The Board of Trustees acknowledge their responsibility for ensuring the organisation keeps proper accounting records in accordance with the requirements of the Charities Act 2011 as more fully set out under Trustees` Responsiblities in the Report of the Trustees.
Rev. Richard Owusu Mr. Daniel K. Buckman Senior Pastor
Approved for signature by the Board of Trustees on 2 February 2022
The notes and schedule to the Statement of Financial Activities on pages 12 to 19 form an integral part of these accounts
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RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2021
1 Accounting policies
Accounts preparation
The financial statements have been prepared in accordance with the Charities Act 2011 and with the Financial Reporting Standards for Smaller Entities and applicable accounting standards, effective April 2008, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales,effective April 2007, adapted to meet the needs of unincorporated organisations.
The organisation has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.
The charity is entirely dependent on continuing grant aid and as a consequence the going concern basis is also dependent on the continuing grant aid.
The particular accounting policies adopted are set out below.
Accounting convention
The financial statements are prepared, on a going concern basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments
Incoming Resources
Incoming resources are accounted for on a receivable basis deferred as described below where appropriate. Rental income is included in the income and expenditure account net of collection charges on a receivable basis.
Investment Income
Bank interest is included in the income and expenditure account on a receivable basis.
Deferred Income
In accordance with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales grants received in advance and specified by the donor as relating to specific accounting periods or alternatively which are subject to conditions which are still to be met are deferred on an accruals basis to the period to which they relate. Such deferrals are shown in the notes to the accounts and the sums involved are included as creditors in the accounts.
Recognition of Liabilities
Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales .
Charitable expenditure
Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following :-
Activities in furtherance of the charity's objectives
The costs of activities in furtherance of the charity's objectives represents the cost of goods
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RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2021
The costs of activities in furtherance of the charity s objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities.
Support costs of activities
Support costs of activities for charitable purposes comprises the salary costs of the Manager and the Associate Manager as they are involved with project development and other project costs. There are a number of costs, including staffing costs, where it is impracticable to allocate these costs between administration and charitable expenditure and the trustees have allocated such costs to management and administration costs.
Management and administration of the charity
Management and administration costs represent expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements.
Allocation of costs within types of resources expended
The charity's operating costs include staff costs, rent and other related costs.Such costs are allocated between types of resources expended on the basis of estimates made by the trustees.
Administration expenditure includes all expenditure not directly related to direct charitable activity. In respect of certain items of expenditure it is a matter of judgement as to whether such items are direct charitable expenditure or are administrative, and the trustees have applied what they consider to be reasonable judgements in apportioning such costs.
Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Items of less than £400 are not capitalised.
Depreciation has been provided at the following rates in order to write off the assets (less their expected residual value ) over their estimated useful economic lives.
A regular annual review of the likelihood of asset impairment is undertaken.
Vehicles 20% per annum on cost/written down value Office equipments 20% per annum on cost/written down value Furniture, fixtures & fittings 20% per annum on cost/written down value
13
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2021
Capital Grants
The board of trustees consider that , in order to comply with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2005), grants of a capital nature given for specific purposes and fully utilised in the furtherance of the objects of the charity should be credited to the fixed asset funds after the sums have been properly expended on the restricted purpose. The related asset is shown in the balance sheet at the cost of acquisition or subsequent revaluation.
The related assets are subject to restrictions by the grant making organisation on their use and disposal, and these restrictions are noted in the fixed asset section of these accounts. The fixed asset fund so created is treated as a restricted fund.
Insofar as this policy relates to Government grants then this is a departure from the Statement of Standard Accounting Practice Number 4 in order to comply with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales.
Taxation
As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the organisation , and is therefore included in the relevant costs in the Statement of Financial Activities
Funds Structure Policy
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordance with the restrictions placed upon them.
There is no formal policy on the allocation of funds to designated funds.
There is no formal policy of transfer between funds, other than that described under the Capital Grants policy above. Any proposed transfer between funds would be considered on the particular circumstances.
2 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
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RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2021
| 3 | Net Incoming Resources before This is stated after crediting :- Revenue Turnover from ordinary activities Depreciation of owned fixed assets Independent Examiner's Remuneration |
2021 £ 56,886 1,946 800 |
2020 £ 132,676 2,438 800 |
|---|---|---|---|
Funds belonging to the charity have been used for the purchase of insurance to protect the charity from loss arising from the neglect or defaults of its employees or to indemnify its employees against the consequences of any neglect or default on their part. The sum expended on such insurance was as indicated in the above schedule.
4 Statement that no expenses were paid to trustees or connected persons
No expenses were paid on behalf of Trustees except for re-imbursement of amount expended wholly on behalf of the Charity.
5 Analysis of incoming resources and analysis of management and administration costs
The details required by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2007), are shown in the Detailed Schedule to the Statement of Financial Activities on pages 13 to 21
pages 13 to 19.
| 6 Investment Income Interest 7 Staff Costs and Emoluments Gross salaries and wages Employer's National Insurance contributions Pensions Motor van expenses & travels |
2021 £ 21 2021 £ 13,000 460 1,042 - |
2020 £ 158 2020 £ 15,000 542 - 3,060 |
|---|---|---|
| 14,502 | 18,602 |
15
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2021
| Numbers of Employees (both full & part-time) | 2021 | 2020 | |
|---|---|---|---|
| Engaged on charitable activities | 1 | 1 | |
| Engaged on management and administration | - | - | |
| 1 | 1 | ||
| There were no fees or other remuneration payable to trustees | |||
| There were no other employees with emoluments in excess of £50,000 per annum | |||
| Members help voluntarily in many ways. | |||
| 8 | Changes in resources applied for Fixed Assets | 2021 | 2020 |
| £ | £ | ||
| Net movement in funds from Statement of Financial Activities | - | 4,500 | |
| Resources applied on Fixed Assets for charitable use | - | ||
| Net movement in funds available for future activities | - | 4,500 |
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RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2021
9 Tangible functional fixed assets
| Cost or valuation At 19 April 2020 Additions At 18 April 2021 Depreciation At 19 April 2020 Charge for the year At 18 April 2021 Net book value At 18 April 2021 At 18 April 2020 |
Motor van £ 5,580 - 5,580 1,538 808 2,346 3,234 4,042 |
Office equipment Total £ 24,264 29,844 - - |
|---|---|---|
| 24,264 29,844 |
||
| 18,573 20,111 1,138 1,946 |
||
| 19,711 22,057 |
||
| 5,691 7,787 |
||
| 4,042 9,733 |
All assets are used for direct charitable purposes and there are no inalienable or historic assets
| 10 Debtors Prepaid expenses Other debtors 11 Satellite Churches Transfers 11 Creditors: amounts falling due within one year Bank loans and overdrafts Other creditors |
2021 £ 16,300 2,000 |
2020 £ 16,300 200 |
|---|---|---|
| 18,300 | 16,500 | |
| 2021 £ 86,660 |
2020 £ 27,000 |
|
| 86,660 | 27,000 | |
| 2021 £ - 800 |
2020 £ - 800 |
|
| 800 | 800 |
12 Endowment funds
The Charity had no endowment funds in the year ended 18 April, 2021
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RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDG Schedule to the Statement of Financial Activities for the year ended 18 April 2021
| Unrestricted Restricted Total Funds Funds Funds 2021 2021 2021 £ Grants,Legacies and Donations Non government and none public bodies Incoming resources of a revenue nature Tithes & offerings 43,069 - 43,069 Thanksgiving - - 0 Satellite churches 3,520 - 3,520 Other donations 10,276 - 0 Covenant Gift Aid - - 0 Government covid grant 10,276 10,276 56,865 - 56,865 Total Grants,Legacies & Donations Received 56,865 0 56,865 Investment Income as detailed in attached schedule Interest Receivable 21 - 0 Other investment income 21 21 - 0 Total Incoming Resources 56,886 - 56,886 Charitable expenditure Costs of generating voluntary income Head office subscription 1,276 - 1,276 Church rent 4,831 - 4,831 Satellite churches - - 0 Mission house rent 13,000 - 13,000 Church activities 2,000 - 2,000 Guest preacher - - 0 Gross wages & salary 13,000 - 13,000 Employer`s NI 460 - 460 Pensions 1,042 - 1,042 Conference/training - 0 Volunteers' costs - 0 Training - - 0 Music ministry - - 0 Travel and subsistence 0 Youth/children expenses 300 - 300 Cleanliness, hygiene and sanitizers 600 600 Welfare 1,000 - 1,000 Charitable Donations 400 - 400 Motor van and travel expenses - - 0 37,909 - 37,909 |
Prior Year Total Funds 2020 £ 60,212 3,646 43,794 - 24,866 |
|---|---|
| 132,518 | |
| 132,518 | |
| - 158 - |
|
| 132,676 | |
| 7,507 22,756 38,738 12,000 7,380 200 15,000 542 - 2,169 2,447 620 145 917 2,354 - 3,432 240 2,143 |
|
| 118,590 |
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RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDG Schedule to the Statement of Financial Activities for the year ended 18 April 2021
| Support Costs Telephone and Fax Postage, printing and stationery Repairs to building & Equipment Depreciation Sundry expenses Total costs of generating Voluntary income Governance costs Independent Examiners' Fee Other accountancy fees Insurance Consultancy fees Total expenditure |
Unrestricted Restricted Total Funds Funds Funds 2021 2021 2021 £ - - 0 - 0 - - 0 1,946 - 1,946 - 0 1,946 - 1,946 39,855 - 39,855 - 800 - 800 1,400 - 1,400 3,507 3,507 - - 0 5,707 - 5,707 45,562 - **45,562 ** |
Prior Year Total Funds 2020 £ 720 800 619 2,438 520 |
|---|---|---|
| 5,097 | ||
| 123,687 | ||
| 800 1,400 690 1,280 |
||
| 4,170 | ||
| 127,857 |
19