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2021-08-31-accounts

Page
Company Information 1
Income Statement 2
Balance Sheet 3
Chartered Accountants Report 5
Detailed Income and Expenditure Account 6
Detailed Balance Sheet 7
Tangible Fixed Assets Schedule 8
Reserves Schedule 9

2021 2020
E E
TURNOVER 32,733 30,565
Depreciation and other amounts written off assets (561) (1,071)
Other charges (22,677) (27,303)
Taxation
SURPLUS 9,495 2,191

2021 2020
E
FIXED ASSETS 29,982 30,543
CURRENT ASSETS 19,785 9,705
CREDITORS
Amounts falling due within one year (948) (924)
NET CURRENT ASSETS 18,837 8,781
TOTAL ASSETS LESS CURRENT LIABILITIES 48,819 39,324
RESERVES 48,819 39,324

2021 2020
E E E E
Turnover
Tithes 28,766 19,251
Offering 2,037 4,659
Room hire 1,200 3,075
Other income 730 3,580
32,733 30,565
Expenditure
Pastors gifts and expenses 1,000 2,900
Post and stationery 18 86
Travel and subsistence 17 1,499
Establishment costs 12,097 10,306
Conference 73
Repairs and renewals 7,146 8,905
Benevolent gifts 107 678
Missions 103
Sundry expenses 344 234
Shilo central 900 1,195
Accountancy 948 924
Speakers gifts 100 400
Depreciation of tangible fixed assets 561 1,071
23,238 28,374
NET SURPLUS 9,495 2,191

2021 2020
E
FIXED ASSETS
Freehold property 25,000 25,000
Fixtures and fittings 2,131 2,367
Motor vehicles 61 76
Equipment 2,790 3,100
29,982 30,543
CURRENT ASSETS
HSBC current account 19,692 9,620
HSBC deposit account S 85 85
Cash in hand 8
19,785 9,705
CREDITORS
Amounts falling due within one year
Accrued expenses (948) (924)
NET CURRENT ASSETS 18,837 8,781
TOTAL ASSETS LESS CURRENT LIABILITIES 48,819 39,324
NET ASSETS 48,819 39,324
RESERVES
Income and expenditure account 48,819 39,324

Fixtures
Freehold and Motor
property fittings vehicles Equipment Totals
COST
At 1 September 2020
and 31 August 2021 25,000 6,722 1,000 10,558 43,280
DEPRECIATION
At 1 September 2020 4,355 924 7,458 12,737
Charge for year 236 15 310 561
At 31 August 2021 4,591 939 7,768 13,298
NET BOOK VALUE
At 31 August 2021 25,000 2,131 61 2,790 29,982
At 31 August 2020 25,000 2,367 76 3,100 30,543

Income
and
expenditure
account
At 1 September 2020 39,324
Surplus for the year 9,495
At 31 August 2021 48,819