2021-08-31-accounts

		Page
Trustees' report		1-3
Independent examiner's report
Statement offinancial	activities	5-6
Statement offinancial	position
Notes to the financial	statements	8-18

The Trustees who served during the	year were:
Chair Person	Rev Rosamund	Hollingsworth		(Superintendent		Minister)
Church Stewards	Dodis Blavo		(Resigned		1 August 2021)
	Georgina Aidoo
	Rebecca Brown
	Delaine Gibson-Hylton
	Joyce Atease
	Kojo Aduuaku		(Resigned		1 August 2021)
	Patricia Edosonwan
	Dorothy Obu-Cann		(Appointed		1 August 2021)
	Oda Oderinde		(Appointed		1 August 2021)
Church Treasurer	Florence Fombo
Church Council secretary	Theo Addy
Pastoral Secretary	Gertrude Boakye
Church Representatives	Dora Bannerman
	Adwoa Boateng

Current financia	l		year
					Unrestricted	Restricted	Total	Total
					funds	funds
					2021	2021	2021	2020
				Notes	6	F		6
Incornaftgrm
Donations and legacies				3	16,729	440	17,169	70,701
Charitable activities				4	67,832		67,832	74,022
Investments				5	1,506		1,506	1,968
Other income				6				2,800
Total income					86,067	440	86,507	149,491
Charitable activities				7	118,017	440	118,457	122,131
Other				9	1,177		1,177	1,348
Total resources		expended			119,194	440	119,634	123,479
Net gains/(losses)			on investments	12	11,565		11,565	(3,469)
Net movement		In	funds		(21,562)		(21,562)	22,543
Fund balances	at 1 September 2020				2,913,262		2,913,262	2,890,719
Fund balances		at	31August 2021		2,891,700		2,891,700	2,913,262

Prior financial	ye	ar
				Unrestricted	Restricted	Total
				funds	funds
				2020	2020	2020
			Notes	6	8
f
Donations and legacies				67,231	3,470	70,701
Chadtable activities				74,022		74,022
Investments				1,968		1,968
Other income				2,800		2,800
Total income				146,021	3,470	149,491
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Charitable activities				118,661	3,470	122,131
Other				1,348		1,348
Total resources	expended			120,009	3,470	123,479
Net gains/(losses)		on investments	12	(3,469)		(3,469)
Net movement	In funds			22,543		22,543
Fund balances at		1 September 2019		2,890,719		2,890,719
Fund balances	at 31August 2020			2,913,262		2,913,262

					2021	2020
			Notes		6	6
Fixed assets
Property, plant and equipment			13		2,736,557		2,767,061
Current assets
Trade and other receivables			14		14,198	52,376
Investments			15		92,703	81,138
Cash at bank and in hand				143,719		117,135
				250,620		250,649
Current liabilities			17		(95,477)	(104,448)
Net current assets					155,143		146,201
Total assets less current liabilities					2,891,700		2,913,262
Income funds
Unrestricted funds
Designated funds:
Special Legacies Fund				119,230		119,230
			20	119,230		119,230
General unrestricted	funds			2,772,470		2,794,032
					2,891,700		2,913,262
					2,891,700		2,913,262
The accounts were	approved	by the	Trustees on	.V..........	443Q.~~2.
Rev Rosamund Hollingsworlh				Florence Fombo
Trustee				Trustee

4	Charitable	activities
			2021	2020
			8	6
	Charitable	rental income	67,832	74,022
5	Investments
			2021	2020
	Interest receivable		1,506	1,968
8	Other Income
			2021	2020
	Net gain on	disposal oftangible fixed assets		2,800

		2021	2020
		8	8
Depreciation and impairment		28,152	46,407
Assessments		19,525	31,892
Church expenses		2,557	915
Benevolent award			400
Building insurance		5,823	(6,078)
Utilities		7,325	5,343
Repairs and maintenance		16,912	10,595
Cleaning and Security		21,547	17,107
Business rates		5,888	5,843
		107,729	112,424
Share ofsupport costs (see note 8)		7-,188	6,095
Share ofgovernance	costs (see note 8)	3,540	3,612
		118457	122131
Analysis by fund
Unrestricted funds		118,017	118,661
Restricted funds		440	3,470
		118,457	122,131

Support costs
		Support	Governance	Total	Support	Governance	Total
		costs	costs	2021	costs	costs	2020
		6	8	8	5	6
Printing, postage	and
stationery		98		98	394		394
Telephone		3,240		3,240	3,073		3,073
Computer costs		432		432	414		414
Oflice equipment	and
expenses		3,418		3,418	2,214		2,214
Accountancy			2,020	2,020		2,020	2,020
Fund Manager costs			162	162		184	184
Bank charges			258	258		308	308
Independent
examination fees			1,100	1,100		1,100	1,100
		7,188	3,540	10,728	6,095	3,612	9,707
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Charitable activities		7,188	3,540	10,728	6,095	3,612	9,707
Other
						2021	2020
Financing costs						1,177	1,348
						1,177	1,348

12	Net gains/(losses) on	investments
				Unrestricted	Unrestricted
				funds	funds
				2021 6	2020f
	Revaluation ofinvestments			11,565	(3,469)
13	Property, plant and equipment
			Land and	Fixtures,	Total
			Buildings	fittings and
				equipmentf
	Cost
	At 1 September 2020		2,872,227	106,817	2,979,044
	Dieposals			(11,752)	(11,752)
	At 31August 2021		2,872,227	95,065	2,967,292
	Depreciation and impairment
	At 1 September 2020		109,780	102,203	211,983
	Depreciation charged	in the year	27,445	708	28,153
	Eliminated in respect	ofdisposals		(9,401)	(9,401)
	At 31August 2021		137,225	93,510	230,735
	Carrying amount
	At 31 August 2021		2,735,002	1,555	2,736,557
	At 31August 2020		2,762,447	4,614	2,767,061

14	Trade and other receivables	Trade and other receivables
				2021	2020
	Amounts falling due within one year:			6
	Other receivables			7,725	45,911
	Prepsyments and accrued	income		6,473	6,465
				14,198	52,376
15	Current asset Investments
				2021	2020
				6	6
	Unlisted investments			92,703	81,138
	Current asset investments	are stated at market value.
16	Finance lease commitments
	Future minimum lease payments		due under finance leases:

				2021	2020
				6	6
Within one	year				5,091
Less: future	finance charges				(1,348)
					3,743
Current liabilities
				2021	2020
			Notes	6	6
Obligations	under finance leases				3,743
Deferred income			18	17,000	17,000
Other payables				21,417	26,645
Wandle Valley Circuit		Loan (see note 24)		53,940	53,940
Accruals and deferred		income		3,120	3,120
				95,477	104,448

2021f	2020f
17,000	17,000

		Movement	in funds		Movement	In funds
		Incoming	Resources	Balance st	Incoming	Resources	Balance at
		resources	expended	I September	resources	expended	31August
				2020f			2021f
Signage fund					440	(440)
Renovation	work	3,470	(3,470)
		3,470	(3,470)		440	(440)

					Movement		Movement
					In funds		in funds
				Balance at	Incoming	Balance at	Incoming	Balance at
			I	September	resources	1September	resources	31August
				2010f		2020f	f	2021f
Special	Legacies	fund		119,230		119,230		119,230