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2024-08-31-accounts

Charity Registration Number 1131303

City of Refuge Foursquare Gospel Church Report and Financial Statements

31 August 2024

City of refuge Foursquare Gospel Church

Reference and administrative details

For the year ended 31 August 2024

Status City of refuge Foursquare Church is an
unincorporated organisation registered with
the Charity Commission It is an affiliation of
Foursquare Church Great Britain
Governing document The organization was constituted under the
declaration of Trust Deed dated September
2007.
Address 217 Handsworth Road, Sheffield S13 9BH
Charity number 1131303
Trustees
Rev (Mrs) Abiodun Alabede (Chairman)
Mr Titus Abayomi
Mrs Bolanle Lamidi
Mr Daniel Williams
Bankers Barclays Bank Plc, City Office Sheffield
Independent Examiner Olugbenga Coker PhD FCCA FCA

CITY OF REFUGE FOURSQUARE CHURCH

BOARD OF TRUSTEES REPORT FOR THE YEAR ENDED 31[ST] AUGUST 2024

Introduction :

City of Refuge Foursquare Church Sheffield is unincorporated organisation registered with the Charity Commission [1131303] constituted under the declaration of Trust Deed dated September 2007. It is affiliated to Foursquare Church Great Britain with the head office in Luton Bedfordshire. The Charity was set up to propagate the gospel of Jesus Christ in Sheffield and it’s environ.

The Charity has the Board of Trustees at the top of its organogram. The Board of Trustees sets the Policies and administrative structure for the smooth running of the Charity and approves its activity plan. Next is the Church Council who coordinates and sees to all Spiritual activities of the Church. Finally, we have the departmental leaders who coordinate the different departments of the Church.

Objective, activities and achievements

The Primary objective of the Charity is the advancement of the Christian Faith. Our Aim is to reveal the love of God through Jesus Christ to all. We have as one of our goals bringing relief to the less privileged and needy in our community. We aim to reach out to the aged, the sick and those in condition of hardship or distress to protect and preserve their physical and mental wellbeing. We do these to demonstrate the love of Jesus Christ through our different outreach programmes, relevant Bible teaching, Seminars, Conferences, Worship and Fellowship. We aim to achieve all these with the approval by the Church Council.

The Pastor in charge of the Church Rev Abiodun Alabede, an ordained Minister of Foursquare Church supported by other ordained Elders of the Church, the Church Council and all departmental leaders have continued to serve faithfully in achieving these goals.

Our monthly Children Bible Club continues to hold in the Church Premises. The Teens and Youth of the Church continued to have their service parallel to the main service. The weekly discipleship by Rev Alabede for a particular prisoner, who is still serving his term continues.

Our Evangelism team has been faithfully going out to spread the gospel of Jesus Christ in the Community. The Church continues to network with other Christians in the city praying for our City and Nation. We participated in the Shine your light program in the city in December.

Our AGM was successfully held in March 2024. The Women had their annual conference in July focussing on maintaining healthy families. This conference was a huge blessing to our community.

Challenges

The current situation in the Nation has affected many members and we continue to support members of the Church who are in need. The effect of increase in the cost of

living continue to impact the finances of the Church. However, we are praying and believing God to make things better.

Future projections

Our plan for the future is to continue to propagate the Gospel of Jesus Christ demonstrate the love of God through our different outreach programmes.

We will continue to network with other Churches in our Community.

We are still believing God to open the door for the scale up of our Prison Ministry

Financial review

During the year under review City of Refuge Foursquare Church received income of £83,657 a decrease of 11% on income received in the previous year (£94,438 in 2023). The charity's overall expenditure in 2024 amounted to £85,524 an increase of 32% from the previous year (£64,715 in 2023). The increase is mainly because of expenditure on roof repairs which was considered not appropriate to capitalise. The operating result was a deficit of £1,867 compared with surplus of £29,723 in the previous year. The unrestricted reserves level therefore decreased by £1,867 to £287,309 from £289,176 in the previous year.

Reserves

The Board of Trustees considers that there are sufficient reserves held at the year end to mitigate any downturn in future income. The trustees consider that the charity has adequate resources to continue in operation for the foreseeable future.

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the report and the financial statements in accordance with the requirements of the Charity Commission in England and Wales.

We have prepared the financial statements for the year 2024 which give a true and fair view of the state of affairs of the charity, the incoming resources and application of resources, including the income and expenditure, of the charity. In preparing these financial statements we have:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent examiner

The Trustees have re-appointed Dr Olugbenga Coker as Independent Examiner.

Approved by the Board of Trustees on 02 January 2025 and signed on its behalf by:

Rev (Mrs) Abiodun Alabede- Chair Board of Trustees

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members City of Refuge Foursquare Gospel Church of ~~a~~ On accounts for the 31 August 2024 Charity 1131303 year ended no ~~—| |~~ Set out on pages 1- 18 ~~pO~~ Respective The charity's trustees are responsible for the preparation of the responsibilities of accounts. The charity’s trustees consider that an audit is not trustees and required for this year under section 144 of the Charities Act examiner 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Date: 02 January 2025 Signed: ~~a~~ Name: Dr Olugbenga Coker FCCA ~~pT~~ Address: 1 Holmdale Road, Chislehurst BR7 6BY ~~P|~~

City of Refuge Foursquare Church City of Refuge Foursquare Church CharityNo
1131303
Annual accounts for the period
01.09.23 To Period end date 31.08.24
Section A Statement of financial activities
Recommended categories by
activity
Unrestricted
funds
Restricted
income funds
Endowment
funds
Total funds Prior year
funds
£ £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies 68,511 - 68,511 66,553
Charitable activities 14,137 - - 14,137 18,296
Other trading activities - - - - -
Investments - - - -
Separate material item of income - - - - 7,000
Other 1,009 - - 1,009 2,589
Total 83,657 - - 83,657 94,438
Resources expended (Note 6)
Expenditure on:
Raising funds - - - - -
Charitable activities 82,524 - 82,524 60,889
Separate material item of expense - - - - -
Other 3,000 - - 3,000 3,826
Total 85,524 - - 85,524 64,715
(
p
)
before investment
gains/(losses)
1,867
-
- - 1,867
-
29,723
Net gains/(losses) on investments - - - - -
Net income/(expenditure) 1,867
-
- - 1,867
-
29,723
Extraordinary items - - - - -
Transfers between funds - - - - -
Other recognised
Gains and losses on revaluation of fixed
assets for the charity’s own use
- - - - -
Other gains/(losses) - - - - -
Net movement in funds 1,867
-
- - 1,867
-
29,723
Reconciliation of funds:
Total funds brought forward 289,176 - - 289,176 259,453
Total funds carried forward 287,309 - - 287,309 289,176

Section B Balance sheet ~~ee~~

~~ee~~ Unrestricted
funds
~~ee~~
Restricted
income
funds
~~ee~~
Endowment
funds
~~ee~~
Total this
year
~~ee~~
Total last
year
~~ee~~
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets(Note 15) - - - - - - - - - - -
Tangible assets(Note 14) 321,473- - - - - - 321,473 323,388
Heritage assets(Note 16) - - - - - - - - - - -
Investments(Note 17) - - - - - - - - - - - - - - - - -
Total fixed assets 321,473 - - 321 473 - - 321 473 - - 321 473 - - 321,473 323,388
Current assets
Stocks(Note 18) - - - - - - - - - - -
Debtors(Note 19) - - - - - - - - - - - - - - - - -
Investments(Note 17.4) - - - - - - - - - - -
Cash at bank and in hand(Note 24) 32,893 - - 893 - - 893 - - 32,893 37,518
Total current assets 32,893 - - 32 893 - - 32 893 - - 32 893 - - 32,893 37,518
Creditors: amounts falling due within
one year(Note 20)
500- - - - - - - -500 500
~~ee~~ ~~ee~~
Net current assets/(liabilities)
~~ee~~
32,393 - - 32
~~ee~~
393 - - 32 393 - - 32 393 - - 32,393 37,018
~~ee~~
~~ee~~
~~ee~~
~~ee~~
Total assets less current liabilities
~~ee~~
353,866 -
~~ee~~
866 - - 353,866 360,406
~~ee~~ ~~ee~~
Creditors: amounts falling due after
one year(Note 20)
66,557 - - 7 - - 7 - - 7 - -66,557 71,230
Provisions for liabilities - - - - - - - - - - -
~~ee~~ ~~ee~~
Total net assets or liabilities
~~ee~~
287,309 - -
~~ee~~
309 - - 309 - - 287,309 289,176
Funds of the Charity
~~ee~~
~~ee~~
Endowment funds (Note 27) - - -
Restricted income funds (Note 27) - - -
Unrestricted funds 287,309 - 2 - 287,309 289,176
Revaluation reserve - -
Total funds 287,309 - - 287 309 - - 287 309 - - 287 309 - - 287,309 289,176
Signed by one or two trustees on behalf of
all the trustees
Signature Print Name Date of
approval
dd/mm/yyyy
Abiodun Alabede 02/01/2025

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in ✓ accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

✓[the Financial Reporting Standard applicable in the United ] Kingdom and Republic of Ireland (FRS 102)

The charity constitutes a public benefit entity as defined by FRS 102.*

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that Not applicable support the conclusion that the charity is a going concern; Disclosure of any uncertainties that Not applicable make the going concern assumption doubtful; Where accounts are not prepared on a Not applicable going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes ✓ * -Tick as appropriate No

Please disclose:

(i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

----- Start of picture text -----
||| |---|---| |Yes|✓| | -Tick as appropriate| |No*| |Please disclose:| |(i) the nature of any changes;| |(ii) the effect of the change on income and| |expense or assets and liabilities for the current| |period; and| |(iii) where practicable, the effect of the change| |in one or more future periods.|

----- End of picture text -----

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

Yes ✓ * -Tick as appropriate No

Section C Notes to the accounts
(cont)
~~ee~~
Section C Notes to the accounts
(cont)
~~ee~~
Section C Notes to the accounts
(cont)
~~ee~~
Section C Notes to the accounts
(cont)
~~ee~~
Section C Notes to the accounts
(cont)
~~ee~~
Section C Notes to the accounts
Note 2 Accounting policies Note 2 Accounting policies
2.2 INCOME
This standard list of accounting policies has been applied by the charity except for
those ticked "No" or "N/a". Where a different or additional policy has been
adopted then this is detailed inthe box below.
~~oo~~
Recognition of These are included in the Statement of Financial
income Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will
receive the resources; and
Yes No N/a
• the monetary value can be measured with
sufficient reliability.
Offsetting There has been no offsetting of assets and liabilities, or
income and expenses, unless required or permitted by
the FRS 102 SORP or FRS 102.
Yes
No N/a
Grants and donations are only included in the SoFA Yes No N/a
when the general income recognition criteria are
Grants and donations met (5.10 to 5.12 FRS102 SORP).
Legacies
Government grants
Tax reclaims on
donations and gifts
Contractual income
and performance
related grants
In the case of performance related grants, income
must only be recognised to the extent that the
charity has provided the specified goods or services
as entitlement to the grant only occurs when the
performance related conditions are met (5.16 FRS
102 SORP).
Legacies are included in the SOFA when receipt is
probable, that is, when there has been grant of
probate, the executors have established that there
are sufficient assets in the estate and any
conditions attached to the legacy are either within
the control of the charity or have been met.
The charity has received government grants in the
reporting period
Gift Aid receivable is included in income when there
is a valid declaration from the donor. Any Gift Aid
amount recovered on a donation is considered to be
part of that gift and is treated as an addition to the
same fund as the initial donation unless the donor
or the terms of the appeal have specified otherwise.
This is only included in the SoFA once the charity
has provided the related goods or services or met
the performance related conditions.
Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

~~LL==~~
Donated goods are measured at fair value (the Yes No N/a
Donated goods amount for which the asset could be exchanged)
unless impractical to do so.
The cost of any stock of goods donated for Yes No N/a
distribution to beneficiaries is deemed to be the fair
value of those gifts at the time of their receipt and
they are recognised on receipt. In the reporting
period in which the stocks are distributed, they are
recognised as an expense at the carrying amount of
the stocks at distribution.

~~LE~~
Donated goods for resale are measured at fair value
on initial recognition, which is the expected Yes No N/a

proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

Donated services and facilities are included in the Donated services and SOFA when received at the value of the gift to the facilities charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The charity has incurred expenditure on support Support costs costs. The value of any voluntary help received is not Volunteer help included in the accounts but is described in the trustees’ annual report. Income from interest, This is included in the accounts when receipt is probable royalties and and the amount receivable can be measured reliably. dividends Income from Membership subscriptions received in the nature of a gift membership are recognised in Donations and Legacies. subscriptions

Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

Insurance claims are only included in the SoFA when the Settlement of general income recognition criteria are met (5.10 to 5.12 insurance FRS102 SORP) and are included as an item of other claims income in the SoFA. This includes any realised or unrealised gains or losses on Investment the sale of investments and any gain or loss resulting from gains and revaluing investments to market value at the end of the losses year.

2.3 EXPENDITURE AND LIABILITIES

Liability Liabilities are recognised where it is more likely than not recognition that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Support costs have been allocated between governance Governance costs and other support. Governance costs comprise all and support costs involving public accountability of the charity and its costs compliance with regulation and good practice.

✓ Yes No N/a ✓ ~~Co~~ Yes No N/a ✓ ~~Cr~~ Yes No N/a ✓ ~~aan~~ Yes No N/a ✓ ~~aan~~ Yes No N/a ✓ ~~Tro~~ Yes No N/a ✓ ~~rT~~

Yes No N/a ✓ ~~aan~~ Yes No N/a ✓ ~~Co~~ Yes No N/a ✓ ~~dt~~ Yes No N/a ✓ ~~aan~~ Yes No N/a ✓ ~~aan~~ Yes No N/a ✓ ~~aan~~ Yes No N/a ✓ ~~oan~~

Support costs include central functions and have been Yes
No
N/a
allocated to activity cost categories on a basis consistent
with the use of resources, eg allocating property costs by
floor areas, or per capita, staff costs by the time spent and
other costs by their usage.

~~aan~~
Where the charity gives a grant with conditions for its Yes
No
N/a
Grants with
performance
conditions
payment being a specific level of service or output to be
provided, such grants are only recognised in the SoFA once
the recipient of the grant has provided the specified service
or output.

~~aan~~
Grants payable Where there are no conditions attaching to the grant that Yes
No
N/a
without
performance
conditions
Redundancy
cost
enables the donor charity to realistically avoid the
commitment, a liability for the full funding obligation must be
recognised.
The charity made no redundancy payments during the
reporting period.

Yes
No
N/a

~~=~~
Deferred income No material item of deferred income has been included in
the accounts.
Yes
No
N/a
Creditors The charity has creditors which are measured at settlement
amounts less any trade discounts
Yes
No
N/a
Provisions for
liabilities
Basic financial
instruments
A liability is measured on recognition at its historical cost
and then subsequently measured at the best estimate of the
amount required to settle the obligation at the reporting date
The charity accounts for basic financial instruments on initial
recognition as per paragraph 10.7 FRS102 SORP.
Subsequent measurement is as per paragraphs 11.17 to
11.19, FRS102 SORP.
Yes
No
N/a

Yes
No
N/a

~~aan~~
2.4 ASSETS
Tangible fixed
assets for use
by charity
These are capitalised if they can be used for more than one
year, and cost at least £250
They are valued at cost.
Yes
No
N/a

~~—~~
The depreciation rates and methods used are disclosed in
note 9.2.
Intangible fixed The charity has intangible fixed assets, that is, non-
assets monetary assets that do not have physical substance but Yes
No
N/a
are identifiable and are controlled by the charity through
custody or legal rights. The amortisation rates and methods
used are disclosed in note 9.5
They are valued at cost.

Yes
No
N/a

~~—~~
Heritage assets The charity has heritage assets, that is, non-monetary Yes
No
N/a
assets with historic, artistic, scientific, technological,
geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge
and culture. The depreciation rates and methods used as
disclosed in note 9.6.1.4.
They are valued at cost.

Yes
No
N/a

~~cr~~
Investments Fixed asset investments in quoted shares, traded bonds Yes
No
N/a
and similar investments are valued at initially at cost and
subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments
unless fair value cannot be measured reliably in which case
it is measured at cost less impairment.

~~cE~~
Investments held for resale or pending their sale and cash Yes
No
N/a
Stocks and work
in progress
and cash equivalents with a maturity date of less than 1
year are treated as current asset investments
Stocks held for sale as part of non-charitable trade are
measured at the lower or cost or net realisable value.
Goods or services provided as part of a charitable activity are
measured at net realisable value based on the service potential
provided by items of stock.
Work in progress is valued at cost less any foreseeable loss
that is likely to occur on the contract.

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

~~
Debtors (including trade debtors and loans receivable) are Yes
No
N/a
Debtors measured on initial recognition at settlement amount after any
trade discounts or amount advanced by the charity.
Subsequently, they are measured at the cash or other
consideration expected to be received.

~~coe~~
The charity has has investments which it holds for resale or Yes
No
N/a
Current asset
investments
pending their sale and cash and cash equivalents with a
maturity date less than one year. These include cash on
deposit and cash equivalents with a maturity date of less than
one year held for investment purposes rather than to meet short
term cash commitments as they fall due.
one year held for investment purposes rather than to meet short

~~tL~~
Yes
No
N/a
They are valued at fair value except where they qualify as
basic financial instruments.

~~

Section C Notes to the accounts (cont)

----- Start of picture text -----
Note 3 Analysis of income
Restricted
Unrestricted income Endowment Total
funds funds funds funds Prior year
Analysis £ £
Donations and Donations and gifts 68,511 - 68,511 66,553
legacies: Gift Aid 14,137 - - 14,137 18,296
- - - - -
Legacies
General grants provided by
- - - - -
government/other charities
Membership subscriptions and
sponsorships which are in substance
donations - - - - -
Donated goods, facilities and services - - - - -
Other - - - - -
Total 82,648 - - 82,648 84,849
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - -
Total - - - - -
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
- - - -
Rental and leasing income 7,000
Other 1,009 - - 1,009 2,589
Total 1,009 - - 1,009 9,589
- - - - -
Separate
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
TOTAL INCOME 83,657 - - 83,657 94,438
----- End of picture text -----

Section C Notes to the accounts (cont)

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Note 6 Analysis of expenditure
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Expenditure on Incurred seeking donations - - - - -
raising funds:
Incurred seeking legacies
- - - - -
Other trading activities
Investment management costs: - - - -
Portfolio management costs - - - - -
Cost of obtaining investment advice
- - - - -
Investment administration costs
- - - - -
Intellectual property licencing costs
- - - - -
Rent collection, property repairs and
maintenance charges - - - - -
Total expenditure on raising funds - - - - -
Expenditure on Evangelism and Mission 28,373 - - 28,373 27,179
charitable
Conference & training
activities 11,990 - - 11,990 8,338
Benevolence and welfare
5,163 - - 5,163 6,141
Vehicle maintenance 5,510 - - 5,510 3,978
Total expenditure on charitable
activities 51,037 - - 51,037 45,636
Separate Interest on loan 3,000 - - 3,000 3,826
material item of
expense - - - - -
- - - - -
- - - - -
Total 3,000 - - 3,000 3,826
Other
Premises/Hall Maintenance 20,344 - 20,344 2,966
Accountancy fee 500 - - 500 500
Administration costs 7,280 - - 7,280 7,603
Depreciation 3,362 - - 3,362 4,184
- - - - -
Total other expenditure 31,487 - - 31,487 15,253
TOTAL EXPENDITURE 85,524 - - 85,524 64,715
----- End of picture text -----

----- Start of picture text -----
Section C Notes to the accounts
Note 10 Details of certain items of expenditure
10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If nothing
was paid please enter '0' in the appropriate box(es).
This year Last year
£ £
Independent examiner’s fees
0 0
Assurance services other than audit or independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid
to the independent examiner 500 500
----- End of picture text -----

Section C Notes to the accounts (cont) Note 14 Tangible fixedote 14 Tangible fixed 14 Tangible fixedangible fixedngible fixedgible fixedible fixedble fixedle fixede fixed fixeded assets Pleaseease completempletepleteleteete this note if thehis note if thes note if the note if theote if the if thethehee charity hasharity hasarity hasrity hasty has hasas anynyy tangible fixedngible fixedgible fixedible fixedble fixedle fixede fixed fixeded assets 14.1 Cost or valuation

----- Start of picture text -----
Note 14 Tangible fixedote 14 Tangible fixed 14 Tangible fixedangible fixedngible fixedgible fixedible fixedble fixedle fixede fixed fixeded assets
Pleaseease completempletepleteleteete this note if thehis note if thes note if the note if theote if the if thethehee charity hasharity hasarity hasrity hasty has hasas anynyy tangible fixedngible fixedgible fixedible fixedble fixedle fixede fixed fixeded assets
14.1 Cost or valuation
Freehold land Musical & Motor Vehicle Fixtures, Total
& buildings Computer fittings and
equipment equipment
£ £ £ £ £
At the beginning of the 311,000 33,839 9,760 5,187 359,786
year
Additions - 1,447 1,447
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year 311,000 35,286 9,760 5,187 361,233
14.2 Depreciation and impairments
Basis SL SL SL SL SL Straight Line
("SL") or
Reducing
Balance
("RB")
Rate 0% 25% 25% 10%
At beginning of the - 25,830 9,760 808 36,398
year
Disposals - - - - -
Depreciation - 2,843 519 3,362
Impairment - - - - -
Transfers - - - - -
At end of the year - 28,673 9,760 1,327 39,760
14.3 Net book value
Net book value at the 311,000 8,009 - 4,379 323,388
beginning of the year
Net book value at the 311,000 6,613 - 3,860 321,473
end of the year
----- End of picture text -----*

----- Start of picture text -----
20.1 Analysis of creditors
Amounts falling due within Amounts falling due after
one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
Accruals for grants payable
Bank loans and overdrafts - 66,557 71,230
Trade creditors - - - -
Payments received on account for contracts or
- - - - -
performance related grants
Accruals and deferred income 500 500 - -
- - - -
Taxation and social security
Other creditors- deposit for summer camp 975 - -
Total 500 500 66,557 71,230
----- End of picture text -----