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|SECRETARY:|Ms Bolakale Grace Olatunji||
|---|---|---|
|CHARITY NUMBER:|1129511||
|BANKERS:|LLOYDS TSBBANK PLC||
||SILVERSTREET,ENFIELD||
||MIDDLESEX||
|ACCOUNTANTS:|DANIEL FAMOK k,ASSOCIATES||
||ACCOUNTANTS
k, FINANCIAL|CONSULTANTS|
||320 HIGH ROAD, TOTTENHAM||
||LONDON
N15 4BN||
|CONTENT:|1.TRUSTEES' REPORT||
||2.STATEMENT OF FINANCIAL|ACTIVITIES|
||3.BALANCE SHEET||
||4.NOTES TO THE ACCOUNTS||
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|||Notes|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|2021|2020|
|INCOMING RESOURCES||1.1|||||
|Incoming Resourcesjom
generated funds|||||||
|Voluntary
Income|||34,573||34,573|48,201|
|HMRC Gift Aid tax reclaims|||14,138||14,138|6,845|
|Incoming Resources from Charitable|Activities||||||
|Other Incoming Resources||||||5,222|
|Total Incoming Resources|||48,712||48,712|60,268|
|RESOURCES EXPENDED||1.2|||||
|Charitable
Activities|||65,715||65,715|60,436|
|Governance
costs|||2,026||2,026|1,255|
|Total resources expended|||67,741||67,741|61,691|
|NKT MOVEMENT IN FUNDS|||(19,029)||(19,029)|(1,423)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||5,014|5,127|10,141|11,564|
|Total funds carried
forward|||(14,015)|5,127|(S,S88)|10,141|
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|||Notes|2021|2020|
|---|---|---|---|---|
|FIXEDASSETS|||||
|Tangible Fixed Assets|||38,850|10,149|
|CURRENT ASSETS|||||
|Sundry Debtors|||1,045|250|
|Cash at Bank and in Hand|||1,616|332|
||||29662|582|
|LESSCREDITORS:|||||
|Amounts
falling due within|one year||(400)|(590)|
|NET CURRENT ASSETS||13|2,262|(8)|
|CREDITORS:-|||||
|(Amounts
falling due after more than one year)|||(50,000)||
|TOTAL ASSETSLESS LIABILITIES|||(8,888)|10,141|
|REPRESENTED BY:|||||
|Restricted Funds|||5,127|5,127|
|Unrestricted
Funds||10|(14,015)|5,014|
||||(8,888)|10,141|
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|2.CHARITABLE ACTIVITIES|2.CHARITABLE ACTIVITIES|2021|2020|
|---|---|---|---|
|Pastoral Allowances||18,882|18,445|
|Evangelism
K Overseas Missions||21,564|22,007|
|Advert, Publicity A Media||221|275|
|Honoraria
and giAs||2,442|500|
|Rent and Service Charges||7,728|3,080|
|Donations to Other Charities||830|2,126|
|Members'
Welfare k Supports||6,644|1,887|
|Printing,
Postage and Stationery||673|1,613|
|Travelling k Motor Expenses||341|922|
|Insurance
Premiums||91||
|Bank Charges and Interest||30|19|
|Hospitality,
Refreshment
k, Events||335|2,035|
|Security, Health and Cleaning||353|100|
|Equipment
Repair k, Renewals||2,212|4,108|
|Depreciation offixed assets||2,250|1,674|
|Telephone k, fax||1,121|1,645|
|||65,715|60,436|
|3.GOVERNANCE
COSTS||2021|2020|
|Legal and Professional
fees||1,676|905|
|Accountancy
and Independent|examinations|350|350|
|||2,026|1,255|
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|FOR THK YEAR ENDED 31STMA|RCH 2021||
|---|---|---|
|4. NKT MOVEMENT IN FUNDS FOR THE YEAR|2021|2020|
|The net movement
in funds for the year is stated after charging:|||
|Depreciation oftangible fixed assets- for use by the charity
Accountancy
Fee|2,250
350|1,674
350|
|5.TRUSTEES' REMUNERATION|||
|No Trustee has had expenses reimbursed
in the year.|||
|6.TANGIBLE FIXEDASSETS|MISSION'S|MISSION'S|~EUIPMENT|TOTAL|TOTAL|
|---|---|---|---|---|---|
||LANDS|&DKV|&FITTINGS|2021|2020|
|Cost: As at 1stApril 2020
Additions
during the year
As at 31stMarch 2021||5127
26,974
32,101|23,163
3,977
27,140|28,290
30,951
59,241|27,803
487
28,290|
|Depreciation:
As at 1stApril 2020
Charged for the year
As at 31stMarch 2021|||18,141
2,250
20,391|18,141
2,250
20,391|16,467
1,674
18,141|
|Net BookValue At 31stMarch 2021|32,101||6,749|3S,S50|10,149|
|Net BookValue At 31stMarch 2020||5,127|5,022|10,149|11,336|
|7. DEBTORS:AMOUNT FALLING DUE WITHIN ONK YEAR|||2021||2020|
|Sundry Debtors|||1,045||250|
||||1,045||250|
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|8. CREDITORS: AMOUNT FALLING|8. CREDITORS: AMOUNT FALLING|DUE WITHIN ONE YEAR|DUE WITHIN ONE YEAR|2021|2020|
|---|---|---|---|---|---|
|Other Creditors||||200|200|
|Accruals||||200|390|
|||||400|590|
|9.CREDITORS: Amounts|fallin|due be ond one|ear|2021|2020|
|UK Business Bounce Back|(BBL)Loans|||50,000||
|||||50,000||
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|11UNRES|RICTED|||
|---|---|---|---|
|.|FUNDS OFTHE CHARITY|Unrestricted|Total|
|||Fund|2021|
|Balance as|at 1stApril 2020|5,014|5,014|
|Movement|in the funds for the year|(19,029)|(19,029)|
|Balance as|at 31stMarch 2021|(14,015)|(14,015)|
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|12.RESTMCTED FUNDS|12.RESTMCTED FUNDS|Missions|Total|
|---|---|---|---|
|||Funds|2021|
|Balance as|at 1stApril 2020|5127|5127|
|Movement|in the funds for the year|||
|Balance as|at 31stMarch 2021|5,127|5,127|
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|13.ANALYSIS OF NKT ASSETSBE|TWEEN FUNDS|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||Funds|Funds|2021|
|Tangible fixed assets|33,723|5,127|38,850|
|Net Current Assets|2,262||2,262|
||35,985|5,127|41,112|