| FORTHE YEAREN | DED 31March 2022. | ||
|---|---|---|---|
| Content | |||
| Page | |||
| Trustees Annual Report |
2-4 | ||
| Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Accounts | |||
| 8 | - | 'll |
| International Christian Worship Centre |
International Christian Worship Centre |
(ICWC) - Sheffield | (ICWC) - Sheffield | |||
|---|---|---|---|---|---|---|
| Statement ofFinancial Activities | ||||||
| ForThe Year Ended 31 March | 2022. | Unrestricted | Restricted | Total | Total | |
| 2022 | 2022 | 2022 | 2021 | |||
| Notes | ||||||
| Incoming Resources | ||||||
| Incoming Resources from generated | funds | |||||
| Tithes and Offerings | 1.2 | 39,256 | 39,256 | 25,746 | ||
| Grants | 13,050 | 13,050 | 23,314 | |||
| Inland revenue Charity repayments |
6,714 | 6,714 | 5,280 | |||
| Less Unpaid Cheque Total Incoming Resources |
(0) 45,970 |
13,050 | (o) 59,020 |
(00) 54,340 |
||
| Resources Hx ended | 1.3 | |||||
| Charitable Activities |
2.0 | 38,737 | 25,644 | 54,381 | 61,544 | |
| Total resources expenditure | 38,737 | 15,644 | 54,381 | 61,544 | ||
| Net Movement in funds |
3.0 | 7,232 | (2,594) | 4,639 | 7&204 | |
| Total funds brought forward |
13,809 | 4,861 | 18,670 | 25,874 | ||
| Total funds carried forward | 21,041 | 2,267 | 23,309 | 18,670 |
| Fixed Asset | ||
|---|---|---|
| Tangible Fixed Asset | ||
| Current Assets | ||
| Debtors | 4.0 | |
| Cash at Bank Rin Hand | 5.0 | |
| Creditors | ||
| Amount Falling due within One year |
||
| Total Assets less Current Liabilities | ||
| Creditors: Amounts | Falling due after more than | one year |
| Total Net Assets | ||
| FUND FORTHE | CHARITY | |
| Unrestricted Funds |
7.0 | |
| Restricted Funds | ||
| Total Funds |
| Total | Total |
|---|---|
| 2022 | 2021 |
| 96,468 | 104,097 |
| 13,123 | 8,314 |
| 13,123 | 8,314 |
| (14,300) | 16,300) |
| (1,177) | (7,986) |
| 95,291 | 96,111 |
| (71,982) | (77,441) |
| 23,309 | 18,670 |
| 2'1,041 | 13,809 |
| 2,267 | 4,861 |
| 23,309 | 18,670 |
| Depreciation | |||||
|---|---|---|---|---|---|
| Depreciation has been calculated to write down the cost or valuation |
less estimated | residual | value ofall tangible 6xed | ||
| assets over their expected useful lives on a straight line basis. | |||||
| The applicable rates are: |
|||||
| Building | 7% | ||||
| Musical BcTechnical Equipment |
20% | ||||
| Furniture BcFittings |
20% | ||||
| Furniture | |||||
| Fixed Assets- Equipment |
Furniture RFittings |
Building | Total | ||
| Cost or Valuation | |||||
| As at 1 April 2021. | 3,051 | 2,002 | 140,000 | 145,053 | |
| Additions Disposal |
1,248 | 2,729 | 3,977 | ||
| As at 31March 2022. | 4,299 | 4,731 | 140,000 | 149,030 | |
| Depreciation | |||||
| As at 1 April 2021. Charge for this period Disposal |
898 860 |
858 946 |
39,200 9,800 |
40,956 11,606 |
|
| As at 31March 2022. | 1,758 | 1,804 | 49,000 | 52,562 | |
| Net Book Value | |||||
| As at 31March 2022. As at 31March 2021. |
2,541 2,153 |
2,927 1,'144 |
91,000 100,800 |
96,468 104,097 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| 2 CHARITY ACTIVITIES | Funds | Funds | 2022 | 2021 |
| Hourarium and Gifts Hotel BcAccomodation |
30Q 547 |
300 547 |
51 | |
| Travelling RMotor expense | ||||
| Training RDevelopment Repairs RMaintenance Printing, postage 8r Stationery |
100 | 12,015 | 100 12,015 |
28,396 |
| I&cence and Subscription | 259 | |||
| Professional 4Legal fees (Building project) Sundry expenses |
2,940 | 2,940 | ||
| Utility Security Mortgage Interest Multimedia Expenses Depreciation Insurance Accountancy Fee Tdephone KInternet Mission Contribution Cleaning |
2,104 134 3,175 11,606 3,313 350 1,284 10,500 108 |
3,211 | 2,104 134 3,175 3,211 11,606 3,313 350 1,284 10,500 108 |
3,959 3,872 73 3,4Q1 10,811 35 350 597 6,400 |
| Charitable Donation Hospitality and Welfare |
810 1,206 |
418 | 810 1,206 |
3,209 256 |
| 38,737 | 15,644 | 53,963 | 61,544 |
| 4 | DEBTORS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Amount fallin |
due within one | ear | 2022 | 2021 | |||||
| Debtors | |||||||||
| 5 | CASH AT BANK AND HAND | 2022 | 2021 | ||||||
| Cash at hand and in hand | 13,123 | 8,314 | |||||||
| 6 | CREDITORS | ||||||||
| Amount fallin |
due within one | ear | 2022 | 2021 | |||||
| Creditors | 14,300 | 16,300 | |||||||
| Amount falli |
due after more | than one | ear | 2022 | 2021 | ||||
| Creditors | 71,982 | 77,441 | |||||||
| Unrestricted | Restricted | Total | Total | ||||||
| 2022 | 2022 | 2021 | |||||||
| As 1stApril | 13,809 | 4,861 | 18,670 | 25,874 | |||||
| Total Incoming | Resources | 45,970 | 13,050 | 59,020 | 54,340 | ||||
| Total Resources | Expended | (38,737) | (15,644) | (54„381) | (61,544) | ||||
| At 31stMarch | 21,041 | 2,267 | 23,309 | 18,670 |
| Mo a |
e Intere t Char es | |
|---|---|---|
| Mortgage | Balance b/ fwd | 77,441 |
| Mortgage | Payment | (8,635) |
| Interest Charges | 3,175 | |
| Mortgage | Balance c/fwd | 71,982 |