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2021-06-30-accounts

TS
Pages
Administrative
Information
Trustees Report
Independent
Examiners'
Report
Statement
of Financial
Activities
Statement of Financial Position
Notes to the Accounts

Chairperson Mrs Anne Oguntade Mrs Anne Oguntade
Other Trustees Mr Thompson Dugbo
Mr Vincent Okih
Mrs Pauline
Dyer
Charity Registered Number 1129414
Registered Office 106Newlands Park
Sydenham
London SE26 5NB
Independent Examiner Enochs Financial Services Ltd
15StJoseph's Close
London
W10 5GL
07950490503
Banker: HSBC

Unrestricted Restricted Total
Fund Fund Fund
2021 2021 2021 2020
Notes 5 6 F 5
Income Resources
Offering,
Thanksgiving
&Tithes 6.1 24,585 0 24,565 13,459
Donations
& Gift Aid
6.1 0 73,000 73,000 47,486
Total Income Resources 24,565 73,000 97,565 60,945
Resouces Expended
Cost of activities
in furtherrances
of
charitys'
objectives
6.2 12,440 45,950 58,390 42,221
Management
&Administration
of charity 6.3 12,028 26,691 38,719 14,355
Total Income Expended 24,468 72,641 97,109 56,576
Net Income (Outgoing) Resources 97 359 456 4,369
Net Movement
in Fund
0 0
Fund Balance B/F 8,800 34,246 43,046 38,677
Adjustment 0 0
Fund Balance C/F 8,897 34,605 43,502 43,046

Unrestricted Restricted Total
2021 2021 2021 2020
Notes 8 8
FIXEDASSETS
Tangible Assets 3 7,850 8,567 16,417 14,297
CURRENT ASSETS
Building
Fund
1,205 29,456 30,661 13,455
Debtors 2,460 0 2,460 3,525
Cash/Bank 7,225 38,295 45,520 22,539
10,890 67,751 78,841 39,519
CREDITORS
Amount
due within one year
4 6,556 0 6,556 770
NET CURRENT ASSETS 4,334 67,751 72,085 38,749
TOTAL ASSETS LESSCURRENT LIABILITIES 12,184 76,318 88,502 53,048
CREDITORS
Amount
falling due more than one year
5 0 45,000 45,000 10,000
TOTAL NET ASSETS 12,184 31,318 43,502 43,048
Charity Funds
Unrestricted
General
Funds BIF 8,800 34,246 43,046 38,677
Net Income for the Year 97 359 456 4,369
Adjustment
TOTAL FUNDS 8,897 34,805 43,502 43,048

Depreciation
has been provided
at the following
rates on a reducing
balanc
e metho
Church
Office, Fixtures and Fittings
25%
Equipment 25%
Furnitures
&Computers
25%
Motor Vehicle 25%
Operating
Profit
2021 2020
E K
This is stated after charging:
Depreciation
of owned fixed assets
456 4,369

3 Fixed assets
Office Fittings & Total
Equipment Furniture Fixture
Cost
As At 1 July 2020 9,850 18,445 19,717 48,012
Addition
During the
Year 0 3,500 3,300 6,800
Disposal/Written
off
0 0 0 0
At 30June 2021 9,850 21,945 23,017 54,812
Depreciation
AsAt
1 July 2020
5,144 11,808 16,763 33,715
Charge for the year 980 1,850 1,850 4,680
Disposal/Written
off
0 0 0 0
At 30June 2021 6,124 13,658 18,613 38,395
Net Book Value
At 30June 2021 3,726 8,287 4,404 16,417
At 30June 2020 4,706 6,637 2,954 14,297
All fixed assets are used for direct charitable
purposes.
4 Creditors Amount falling due within one year 2021 2020
E F
Other Creditors: Accountancy fees 6,556 770
5 Creditors Amount falling due more than one year 2021 2020
F F
Building Contractors- Building Works and Loan 45,000 10,000

r th e year ended 3 e year ended 3 e year ended 3 0th June 2021 0th June 2021 0th June 2021 0th June 2021
Detailed Income and Expenditure Account for the year to 30 June 2021
Unrestricted Restricted Total
F
Income and Resources
Incoming
from offering,
tithes, building &other 24,565 24,565
Gift Aid 0 73,000 73,000
Total Incoming Resources 24,565 73,000 97,565
OUTGOINGS
6.2 Costs ofactivities in furtherance of the charities objects:
Church
Rent
and Rates 6,500 20,000 26,500
Spiritual
items
555 1,500 2,055
Sundries 980 850 1,830
Charitable
donation
and Gift 755 5,500 6,255
Anniversary 2,250 3,140 5,390
Music and Entertainment 500 4,700 5,200
Christmas
Party
400 1,450 1,850
Renovation
8
Maintenance 500 8,810 9,310
12,440 45,950 58,390
6.3 Managemant and Administrative of charity:
Depreciation 2,938 2,938
Stationery 545 1,850 2,395
Telephone 723 1,745 2,488
Postage 1,065 2,040 3,105
Bank Charges 440 218 658
Accounting
fee
500 2,000 2,500
Repairs and Renewals 2,550 10,400 12,950
Professional and Consultancies fees 1,355 7,700 9,055
Transportation 1,912 738 2,650
12,028 26,691 38,719
Cash &Bank Balances f
Cash at bank 45,520
45,520
Church Assets Schedule
2021 2020
CChhE I t 6 5
Equipment 3,728 4,708
3,726 4,706
Fixtures and Fittin s
Fixtures & Fittings 4,404 2,954
4,404 2,954
Furnitures
Furnitures 8,287 6,637
8,287 6,637