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2025-08-31-accounts

Charity Registration Number 1131303

City of Refuge Foursquare Gospel Church Report and Financial Statements

31 August 2025

City of refuge Foursquare Gospel Church

Reference and administrative details

For the year ended 31 August 2025

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 2025

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 with Foursquare Church Great Britain with the head office in Luton Bedfordshire. The Charity was set up to propagate the gospel of Jesus Christ and reveal the Love of God to everyone.

The Charity has the Board of Trustees on the top list of its organogram. The Board of Trustees sets up and coordinates the Policies, activities and administrative structure for the smooth running of the Charity. Next is the Church Council who coordinates and sees to all Spiritual activities of the Church and finally, we have the departmental leaders who coordinates 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.

This year was a very challenging one for us as the storm in December 2024 affected our roof building. Our Finances was greatly affected but we thank God for the Parishioners donations, and we were able to complete the repair.

The Church Venue was used as a Collection Centre for the Annual Shoe Box collection by the Operation Christmas Child Team nd many people from our community dropped off their Shoe Boxes.

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 Christian in the

city praying for our City and Nation. We participated in the Shine your light program in the city in December 2024.

Our AGM was successfully held in March 2025. The Women had their annual conference in July focussing on improving healthy family. This conference was a huge blessing to our community.

Challenges

The current situation in the Nation has affected many members financially and we have been supporting members of the Church that as the need arises . The effect of increase in the cost of almost everything in the Nation and the repair of our Roof building has had a great impact on the finances of the Church. However, we are praying and believing God to make things better..

Future projections

We will continue to propagate the Gospel of Jesus Christ and continue to demonstrate the love of God through our different outreach programs

Financial review

During the year under review City of Refuge Foursquare Church received income of £116,629 an increase of 39% on income received in the previous year (£83,657 in 2023). The increase was mainly from general donations and gift aid claim. The charity's overall expenditure in 2025 amounted to £92,188 an increase of 8% from the previous year (£85,524 in 2024). The operating result was a surplus of £24,441 compared with deficit of £1,867 in the previous year. The unrestricted reserves level therefore rose by £24,441 to £311,750 from £287,309 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 2025 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 08 December 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

----- Start of picture text -----
Report to the
trustees/ members City of Refuge Foursquare Gospel Church
of
a
On accounts for the 31 August 2025 Charity 1131303
year ended no
eeee eee
Set out on pages 1- 19
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:
• examine the accounts under section 145 of the Charities Act,
• to follow the procedures laid down in the general Directions
given by the Charity Commission (under section 145(5)(b) of
the Charities Act, and to
• state whether particular matters have come to my attention.
Basis of My examination was carried out in accordance with the general
independent directions given by the Charity Commission. An examination
examiner’s includes a review of the accounting records kept by the charity
statement and a comparison of the accounts presented with those records.
It also includes consideration of any unusual items or
disclosures in the accounts and seeking explanations from the
trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be
required in an audit, and consequently no opinion is given as to
whether the accounts present a ‘true and fair’ view and the
report is limited to those matters set out in the statement below.
Independent In connection with my examination, no material matters have
examiner's come to my attention which gives me cause to believe that in,
statement any material respect:
• accounting records were not kept in accordance with
section 130 of the Charities Act or
• the accounts do not accord with the accounting records
I have come across no other matters in connection with the
examination to which attention should be drawn in order to
enable a proper understanding of the accounts to be reached.
Date: 08 December
Signed: 2025
a
Name: Dr Olugbenga Coker FCCA
Pn
Address: 1 Holmdale Road, Chislehurst BR7 6BY
PT
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City of Refuge Foursquare Church Charity No 1131303
Annual accounts for the period
To
01.09.24 Period end date 31.08.25
Section A Statement of financial activities
Recommended categories by Unrestricted Restricted Endowment Prior year
activity funds income funds funds Total funds funds
£ £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies 86,877 - 86,877 68,511
Charitable activities 22,785 - - 22,785 14,137
Other trading activities - - - - -
Investments - - - -
Separate material item of income - - - - -
Other 6,968 - - 6,968 1,009
Total 116,629 - - 116,629 83,657
Resources expended (Note 6)
Expenditure on:
Raising funds - - - - -
Charitable activities 89,941 - 89,941 82,524
Separate material item of expense - - - - -
Other 2,247 - - 2,247 3,000
Total 92,188 - - 92,188 85,524
( p )
before investment
gains/(losses) 24,441 - - 24,441 - 1,867
Net gains/(losses) on investments - - - - -
Net income/(expenditure) 24,441 - - 24,441 - 1,867
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 24,441 - - 24,441 - 1,867
Reconciliation of funds:
Total funds brought forward 287,309 - - 287,309 289,176
Total funds carried forward 311,750 - - 311,750 287,309
1
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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) 316,985- - - - - - 316,985 321,473
Heritage assets(Note 16) - - - - - - - - - - -
Investments(Note 17) - - - - - - - - - - - - - - - - -
Total fixed assets 316,985 - - 316 985 - - 316 985 - - 316 985 - - 316,985 321,473
Current assets
Stocks(Note 18) - - - - - - - - - - -
Debtors(Note 19) - - - - - - - - - - - - - - - - -
Investments(Note 17.4) - - - - - - - - - - -
Cash at bank and in hand(Note 24) 46,302 - - 302 - - 302 - - 46,302 32,893
Total current assets 46,302 - - 46 302 - - 46 302 - - 46 302 - - 46,302 32,893
Creditors: amounts falling due within
one year(Note 20)
3,070- - - - - - - -3,070 500
~~ee~~ ~~ee~~
Net current assets/(liabilities)
~~ee~~
43,232 - - 43
~~ee~~
232 - - 43 232 - - 43 232 - - 43,232 32,393
~~ee~~
~~ee~~
~~ee~~
~~ee~~
Total assets less current liabilities
~~ee~~
360,217 -
~~ee~~
217 - - 360,217 353,866
~~ee~~ ~~ee~~
Creditors: amounts falling due after
one year(Note 20)
48,467 - - 4 7 - - 4 7 - - 4 7 - - 48,467 66,557
Provisions for liabilities - - - - - - - - - - - - - - - - -
~~ee~~ ~~ee~~ ~~ee~~ ~~ee~~ ~~ee~~ ~~ee~~
Total net assets or liabilities
~~ee~~
311,750 - -
~~ee~~
750 - -
~~ee~~
750 - -
~~ee~~
311,750
~~ee~~
287,309
~~ee~~
Funds of the Charity
~~ee~~
~~ee~~ ~~ee~~ ~~ee~~ ~~ee~~ ~~ee~~
Endowment funds (Note 27) - - -
Restricted income funds (Note 27) - - -
Unrestricted funds 311,750 - -311,750 287,309
Revaluation reserve - -
Total funds 311,750 - - 311 750 - - 311 750 - - 311 750 - - 311,750 287,309
Signed by one or two trustees on behalf of
all the trustees
Signature Print Name Date of
approval
dd/mm/yyyy
Abiodun Alabede 08/12/2025

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 • and with* ✓ 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).

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||| |---|---| |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.|

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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 in the 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.
There has been no offsetting of assets and liabilities, or Yes No N/a
Offsetting income and expenses, unless required or permitted by
the FRS 102 SORP or FRS 102.
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

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.



Yes
No
N/a



~~Co~~
Yes
No
N/a



~~Cr~~
Yes
No
N/a



~~aan~~
Yes
No
N/a



~~aan~~
Yes
No
N/a


Yes
No
N/a



~~Co~~

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Yes No N/a
✓  
aan
Yes No N/a
  ✓
CoM
Yes No N/a
  ✓
aan
Yes No N/a
✓  
aan
Yes No N/a
✓  
aan
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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 ✓   ~~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)

Note 3 Analysis of income
Analysis Unrestricted
funds

Restricted
income
funds
Endowment
funds
Total
funds
Prioryear
£ £
Donations and
legacies:
Donations and gifts 86,877 - 86,877 68,511
Gift Aid 22,785 - - 22,785 14,137
Legacies - - - - -
General grants provided by
government/other charities
- - - - -
Membership subscriptions and
sponsorships which are in substance
donations
- - - - -
Donatedgoods,facilities and services - - - - -
Other - - - - -
Total 109,661 - - 109,661 82,648
Charitable
activities:
- - - - -
- - - - -
- - - - -
Other - - - -
Total - - - - -
Other trading
activities:
- - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from
investments:
Interest income - - - - -
Dividend income - - - - -
Rental and leasing income - - - - -
Other 6,968 - - 6,968 1,009
Total 6,968 - - 6,968 1,009
Separate
material item
of income:
- - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
TOTAL INCOME 116,629 - - 116,629 83,657
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Within the income items above the following items are
material: (please disclose the nature, amount and any
prior year amounts)

Section C Notes to the accounts (cont)

Note 6 Analysis of expenditure
Analysis Unrestricted
funds

Restricted
income
funds
Endowment
funds

Total funds
Prior year
£ £
Expenditure on
raising funds:
Incurred seeking donations - - - - -
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
charitable
activities
Evangelism and Mission 28,489 - - 28,489 28,373
Conference & training 4,825 - - 4,825 11,990
Benevolence and welfare 3,596 - - 3,596 5,163
Vehicle maintenance
Total expenditure on charitable
activities
1,767
38,678
-
-
-
-
1,767 5,510
38,678 51,037
Separate
material item of
expense
Interest on loan 2,247
-
-
-
-
-
2,247
-
3,000
-
- - - - -
- - - - -
Total 2,247 - - 2,247 3,000
Other
Premises/Hall Maintenance 39,726 - 39,726 20,344
Accountancyfee 500 - - 500 500
Administrationcosts 7,190 - - 7,190 7,280
Depreciation 3,848 - - 3,848 3,362
- - - - -
Total other expenditure 51,263 - - 51,263 31,487
TOTAL EXPENDITURE 92,188 - - 92,188 85,524

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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 fixed assets
Please complete this note ifthe charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land
& buildings
Musical &
Computer
equipment
Motor Vehicle Fixtures,
fittings and
equipment
Total
£ £ £ £ £
At the beginning of the
year
311,000 35,286 9,760 5,187 361,233
Additions - -
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
year
- 28,673 9,760 1,845 40,278
Disposals - - - - -
Depreciation 3,451 519 3,970
Impairment - - - - -
Transfers* - - - - -
At end of the year - 32,124 9,760 2,364 44,248
14.3 Net book value
Net book value at the
beginning of the year
311,000 6,613 - 3,342 320,955
Net book value at the
end of the year
311,000 3,162 - 2,823 316,985
14.4 Impairment
Please provide a description of the events and
circumstances that led to the recognition or
reversal of an impairment loss.
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant
assumptions
the carrying amount that would have been
recognised had the assets been carried under
the cost model.
14.6 Other disclosures
(i) Please state the amount of borrowing costs,
if any, capitalised in the construction of tangible
fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual
commitments for the acquisition of tangible fixed
assets.
48,467
(iii) Details of the existence and carrying
amounts of property, plant and equipment to
which the charity has restricted title or that are
pledged as security for liabilities.
* The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable(SL = straight
20.1 Analysis of creditors
Amounts falling due within
oneyear

Amounts falling due after
more than oneyear
This year Last year This year Last year
£ £ £ £
Accruals for grants payable - - - -
Bank loans and overdrafts - 48,467 66,557
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 2,570 - -
Total 3,070 500 48,467 66,557