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|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|
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|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|
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|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|
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|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|
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||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|
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|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|
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|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|