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|SECRETARY:|Ms Bolakale Grace Olatunji|
|---|---|
|CHARITY NUMBER:|1129511|
|BANKERS:|LLOYDS TSBBANK PLC|
||SILVERSTREET,ENFIELD|
||MIDDLESEX|
|ACCOUNTANTS:|DANIEL FAMOK &ASSOCIATES|
||ACCOUNTANTS<br>&FINANCIAL CONSULTANTS|
||UNIT 209, SECOND FLOOR|
||TUDORLEAF BUSINESS CENTRE,|
||2-8 FOUNTAYNE ROAD, LONDON|
||N15 4QL|
|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|2022|2021|
|INCOMING RESOURCES|||||||
|Incoming Resources from generated funds|||||||
|Voluntary<br>Income|||23,471||23,471|34,573|
|HMRC Gift Aid tax reclaims|||6,496||6,496|14,138|
|Incoming ResourcesPom<br>Charitable|Activities||||||
|Other Incoming Resources|||||||
|Total Incoming Resources|||29,967||29,967|48,711|
|RESOURCES EXPENDED||1.2|||||
|Charitable<br>Activities|||26,047||26,047|65,715|
|Governance<br>costs|||1,161||1,161|2,026|
|Total resources expended|||27,209||27,209|67,741|
|NET MOVEMENT IN FUNDS|||2,759||2,759|(19,029)|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought forward|||(19,45S)|5,127|(14,331)|4,698|
|Total funds carried<br>forward|||(16,699)|5,127|(11,572)|(14,331)|





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||Notes|2022|2021|
|---|---|---|---|
|FIXEDASSETS||||
|Tangible Fixed Assets||37,163|38,850|
|CURRENT ASSETS||||
|Sundry Debtors<br>Cash at Bank and in Hand||1,045<br>770|1,045<br>1,616|
|||1,815|2,661|
|LESS CREDITORS:<br>Amounts<br>falling due within one year||550|(400|
|NET CURRENT ASSETS|13|1,265|2,261|
|CREDITORS:-<br>(Amounts<br>falling due aAer more than one year)||(50,000)|(50,000)|
|TOTAL ASSETS LESS LIABILITIES||11,572)|(8,888|
|REPRESENTED BY:||||
|Restricted Funds<br>Unrestricted<br>Funds||5,127<br>(16,699)<br>(11,572)|5,127<br>(14,015)<br>(8,888)|





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|2.CIIARITABLE ACTIVITIES|2.CIIARITABLE ACTIVITIES|2022|2021|
|---|---|---|---|
|Pastoral Allowances||4,350|18,882|
|Evangelism<br>&Overseas Missions||2,018|21,564|
|Advert, Publicity &Media||1,036|221|
|Honoraria<br>and gifts||1,700|2,442|
|Rent and Service Charges||2,047|7,726|
|Donations to Other Charities||848|830|
|Members'<br>Welfare &Supports||4,357|6,644|
|Printing, Postage and Stationery||1,002|673|
|Travelling &Motor Expenses||2,535|341|
|Insurance<br>Premiums|||91|
|Bank Charges and Interest|||30|
|Hospitality,<br>Refieshment<br>&Events||830|335|
|Security, Health and Cleaning||240|353|
|Equipment<br>Repair &Renewals||2,372|2,212|
|Depreciation offixed assets||1,687|2,250|
|Telephone &fax||1,024|1,121|
|||26,047|65,715|
|3.GOVERNANCE<br>COSTS||2021|2020|
|Legal and Professional<br>fees||811|1,676|
|Accountancy<br>and Independent|examinations|350|350|
|||1,161|2,026|





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|FOR THK YEAR ENDED 31STMAR|CH 2022||
|---|---|---|
|4. NET MOVEMENT IN FUNDS FOR THK YEAR|2022|2021|
|The net movement<br>in funds for the year is stated after charging:|||
|Depreciation oftangible fixed assets- for use by the charity|1,687|2,250|
|Accountancy<br>Fee|350|350|
|5.TRUSTEES' REMUNERATION|||



|6.TANGIBLE FIXEDASSETS|MISSION'S|~EUIPMENT|TOTAL|TOTAL|
|---|---|---|---|---|
||LANDS &DEV|&FITTINGS|2022|2021|
|Cost .As at 1stApril 2021|32101|27,140|59,241|28,290|
|Additions<br>during the year||||30,951|
|As at 31stMarch 2022|32,101|27,140|59,241|59,241|
|Depreciation:<br>As at 1stApril 2021|5127|20,391|20,391|18,141|
|Charged for the year||1,687|1,687|2,250|
|As at 31stMarch 2022|26,974|22,078|22,078|20,391|
|Net BookValue At 31stMarch 2022|26,974|5,062|37,163|38,850|
|Net BookValue At 31stMarch 2021|32,101|6,749|38,S50|10,149|
|7. DEBTORS:AMOUNT FALLING DUE WITHIN ONE YEAR||2022||2021|
|Sundry Debtors||1,045||1045|
|||1,045||1,045|





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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||||350|200|
|||||550|400|
|9.CREDITORS: Amounts|fallin|due be ond one|ear|2021|2020|
|UK Business Bounce Back|(BBL)Loans|||50,000|50,000|
|||||50,000|50,000|



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|11.UNRESTRICTED FUNDS OFTHE CHARITY|11.UNRESTRICTED FUNDS OFTHE CHARITY|Unrestricted|Total|
|---|---|---|---|
|||Fund|2022|
|Balance as|at 1stApril 2021|(19,458)|5,014|
|Movement|in the funds for the year|2,759|(19,029)|
|Balance as|at 31stMarch 2022|(16,699)|(14,015)|





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|12.RESTRICTED FUNDS|12.RESTRICTED FUNDS|Missions|Total|
|---|---|---|---|
|||Funds|2022|
|Balance as|at 1stApril 2021|5127|5127|
|Movement|in the funds for the year|||
|Balance as|at 31stMarch 2022|5,127|5,127|



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|13.ANALYSIS OF NKT ASSETSBE|TWEEN FUNDS|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||Funds|Funds|2022|
|Tangible fixed assets|32,036|5,127|37,163|
|Net Current Assets|1,265||1,265|
||33,301|5,127|38,428|