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|TS|||
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|||Pages|
|Administrative
Information|||
|Trustees
Report|||
|Independent
Examiners'|Report||
|Statement
of Financial|Activities||
|Statement
of Financial|Position||
|Notes to the Accounts|||
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|Chairperson|||Mrs Anne Dguntade|Mrs Anne Dguntade||
|---|---|---|---|---|---|
|Other Trustees|||Mr Thompson
Dugbo|||
||||Mr Vincent|Oklh||
||||Mrs Pauline|Dyer||
||||Mr
Petrus|Mechese Ejegi||
|Charity Registered||Number|1129414|||
|Registered|Office||55 Cromwell|Road||
||||Croydon|||
||||CRO 2JZ|||
|Independent|Examiner||Enochs Financial Services||Ltd|
||||15StJoseph's Close|||
||||London|||
||||W10 5GL|||
||||07950490|503||
|Banker:|||HSBC|||
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|For the year ended|30th|June 20|23|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total||
|||||Fund|Fund|Fund||
|||||2023|2023|2023|2022|
||||Notes|E|E|E||
|Income Resources||||||||
|Offering, Thanksgiving|&Tithes||6.1|49,825|0|49,825|40,551|
|Donations
&Gift Aid|||6.1|104,608|44,042|148,650|159,787|
|Total Income Resources||||154,433|44,042|198,475|200,338|
|Resouces Expended||||||||
|Cost ofactivities
in furtherrances||of||||||
|charitys' objectives
Management
&Administration||of charity|6.2
6.3|72,985
34,907|51,320
29,470|124,305
64,377|136,230
50,135|
|Total Income Expended||||107,892|80,790|188,682|186,365|
|Net Income (Outgoing)
Net Movement
in Fund|Resources|||46,541|-36,748|9,793
0|13,973
0|
|Fund Balance B/F||||19,851|37,624|57,475|43,502|
|Adjustment||||||0|0|
|Fund Balance CIF||||66,392|876|67,268|57,475|
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|||||Unrestricted|Restricted|Total||
|---|---|---|---|---|---|---|---|
|||||2023|2023|2023|2022|
||||Notes|||6|6|
|FIXEDASSETS||||||||
|Tangible Assets|||3|38,450|15,476|53,926|61,022|
|CURRENT ASSETS||||||||
|Building
Fund||||0|12,685|12,685|11,411|
|Debtors||||6,645|0|6,645|5,560|
|Cash/Bank||||31,747|59,250|90,997|76,732|
|||||38,392|71,935|110,327|93,703|
|CREDITORS||||||||
|Amount
due within one year|||4|1,985|0|1,985|2,250|
|NET CURRENT ASSETS||||36,407|71,935|108,342|91,453|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||74,857|87,411|162,268|152,475|
|CREDITORS||||||||
|Amount
falling due more than one year|||5|50,000|45,000|95,000|95,000|
|TOTAL NET ASSETS||||24,857|42,411|67,268|57,475|
|Charity Funds||||||||
|Unrestricted
General|Funds|B/F||19,851|37,624|57,475|43,502|
|Net Income for the Year||||46,541|-36,748|9,793|13,973|
|Adjustment||||0|0|0||
|'TOTAL FUNDS||||66,392|876|67,268|57,475|
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||Depreciation
has been provided at the following
r|ates on a reducing
balance|methods|
|---|---|---|---|
||Church Office, Fixtures and Fittings|25%||
||Equipment|25%||
||Furnitures
& Computers|25%||
||Motor Vehicle|25%||
|2|Operating
Profit|2023|2022|
|||E|E|
||This is stated after charging:|||
||Depreciation
ofowned fixed assets|7,096|8,876|
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|3|Fixed assets|||||||
|---|---|---|---|---|---|---|---|
||||||Office|Fittings &|Total|
|||||Equipment|Furniture|Fixture||
||Cost|||||||
||AsAt1 July2022|||52,850|26,945|29,517|109,312|
||Addition
During the Year|||0|0|0|0|
||Disposal/Written|off||0|0|0|0|
||At 30June 2023|||52,850|26,945|29,517|109,312|
||Depreciation|||||||
||As At 1 July 2022|||11,309|16,063|20,918|48,290|
||Charge for the year|||4,195|1,250|1,651|7,096|
||Disposal/Written|off||0|0|0|0|
||At 30June 2023|||15,504|17,313|22,569|55,386|
||Net Book Value|||||||
||At 30June 2023|||37,346|9,632|6,948|53,926|
||At 30June 2022|||41,541|10,882|8,599|61,022|
||All fixed assets are||used for direct|charitable
purposes.||||
|4|Creditors Amount||falling due within one year|||2023|2022|
||Other Creditors:|Accountancy
fees||||1,985|2,250|
|5|Creditors Amount||falling due more than one year|||2023|2022|
|||||||E|Z|
||Building Contractors||- Building Works and Loan|||95,000|95,000|
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|r the|year ended 3|year ended 3|year ended 3|0th June 2023|0th June 2023|0th June 2023||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||Detailed Income|||and Expenditure|||Account for the year to 30|||June 2023||
||||||||||Unrestricted|Restricted|Total|
||||||||||8|6|E|
|6.1|Income and|Resources||||||||||
||Incoming
from||offering, tithes,|||building||&other|49,825||49,825|
||Gift Aid||||||||104,608|44,042|148,650|
||Total Incoming|||Resources|||||154,433|44,042|198,475|
||OUTGOINGS|||||||||||
||Costs ofactivities||||in furtherance||of|the charities objects||||
||Church
Rent|and||Rates|||||6,600|26,756|33,356|
||Spiritual
items||||||||9,650|2,150|11,800|
||Sundries||||||||1,335|905|2,240|
||Charitable
donation||||and Gift||||7,800|4,255|12,055|
||Anniversary||||||||33,450|4,850|38,300|
||Music and Entertainment||||||||11,500|4,550|16,050|
||Christmas
Party||||||||1,050|2,650|3,700|
||Renovation
&||Maintenance||||||1,600|5,204|6,804|
||||||||||72,985|51,320|124,305|
||Managemant||and||Administrative||of|charity:||||
||Depreciation||||||||2,901|4,195|7,096|
||Stationery||||||||3,455|2,090|5,545|
||Telephone||||||||1,425|1,450|2,875|
||Postage||||||||885|555|1,440|
||Bank Charges||||||||155|102|257|
||Accounting
fee||||||||1,300|1,450|2,750|
||Repairs and|Renewals|||||||21,558|13,851|35,409|
||Professional|and||Consultancies||fees|||1,453|1,327|2,780|
||Transportation||||||||1,775|4,450|6,225|
||||||||||34,907|29,470|64,377|
||Cash &Bank||Balances||||||E|||
||Cash at bank||||||||90,997|||
||||||||||90,997|||
||Church Assets|||Schedule||||||||
||||||||||2023|2022||
||~Ch
hE
I||||t||||K|||
||Equipment||||||||37,346|41,541||
||||||||||37,346|41,541||
||Fixtures and||Fittin s|||||||||
||Fixtures & Fittings||||||||6,948|8,599||
||||||||||6,948|8,599||
||Furnitures|||||||||||
||Furnilures||||||||9,632|10,882||
||||||||||9,632|10,882||