| CHURCH INFORMATION |
|
|---|---|
| TRUSTEES REPORT | 2-4 |
| INDEPENDENT EXAMINERS'S REPORT. |
|
| INCOME 5 EXPENDITURE ACCOUNT. | |
| BALANCE SHEET | |
| NOTES TO ACOUNTS. | .8-10 |
| Notes | Unrestricted | Restricted | 2020 | 2019 | ||
|---|---|---|---|---|---|---|
| Incoming Resources | ||||||
| Offering 5 Donations | 358,727 | 358,727 | 439,369 | |||
| Investment Income |
||||||
| Other Income | 66,015 | 66,015 | 131,950 | |||
| Total Income Resources | 424,742 | 571,319 | ||||
| Resources Expanded | ||||||
| Cost ofActivities | (240,013) | (253,875) | ||||
| Total Resources Expanded | (240,013) | (253,875) | ||||
| Net Incoming / (Outgoing) | Resources | 184,729 | 317p444 | |||
| Funds brought forward 31/12/2019 |
419,785 | 102,341 | ||||
| Designated funds utilised |
||||||
| Funds carried forward 31/12/2020 | 604,513 | 419,785 |
| FIXEDASSETS | Note | 2020 | 2019 | |
|---|---|---|---|---|
| E | E | |||
| Premises | 60,638 | 60,638 | ||
| Fixtures & Fittings | 1.4 | 19,713 | 23,589 | |
| 80,351 | 84,227 | |||
| CURRENT ASSETS | ||||
| Building funds &Savings | 109,208 | 15,000 | ||
| Debtors | 227,744 | 131,950 | ||
| Bank and cash in hand | 188,961 | 190,608 | ||
| 525,912 | 337,558 | |||
| CREDITORS: | ||||
| Amounts falling due within one year: |
||||
| Trade Creditors | (1,750) | (2,000) | ||
| (1,750) | (2,000) | |||
| Net CurrentAssets | /(Liabilities) | 524p162 | 335,558 | |
| CREDITORS; | ||||
| Amounts falling due for more than one year |
||||
| Loan | ||||
| Total Assets less Liabilities | 604,513 | 419,785 | ||
| UNRESTRICTED FUNDS | ||||
| brought forward | 419,785 | 102,341 | ||
| Surplus for the year | 184,729 | 317,444 | ||
| Designated funds |
||||
| Total Funds | 604,513 | 419,785 |
| Notes | to the Financial Statements | to the Financial Statements | to the Financial Statements | |||||
|---|---|---|---|---|---|---|---|---|
| Notes | 2020 | 2020 | 2020 | 2019 | ||||
| 2 | GENERAL OFFERINGS | Unrestricted | Restricted | |||||
| Tithes & Offering | 358,727 | 358,727 | 439,369 | |||||
| Total Income Received | 358,727 | 439,369 | ||||||
| 4 | OTHER INCOME | 4 | Unrestricted | Restricted | ||||
| Gift Aid Receipts | 66,015 | 66,015 | 131,950 | |||||
| Total Other Income | 66,015 | 131i950 | ||||||
| Sa | COST OF ACTIVITIES | |||||||
| Rent &Rates | (94,380) | (83,624) | ||||||
| Heat & Light | (24,718) | (23,701) | ||||||
| Premises Maintenance | (11,229) | (4,007) | ||||||
| Insurance | (2,826) | |||||||
| Pastors Allowance | (20,750) | (23,700) | ||||||
| Honorarium, Evangelism |
&mission | (12,890) | (30,200) | |||||
| Welfare &Charitable | donations | (3,930) | (5,559) | |||||
| Volunteering Allowance |
||||||||
| Media Costs | (16,890) | (13,533) | ||||||
| Advertising & Publicity |
(3,420) | |||||||
| Programme Cost |
(3,450) | (1,650) | ||||||
| Radio Programme | (7,270) | |||||||
| Books | (3,845) | |||||||
| Travel Cost | (2,234) | (10,593) | ||||||
| Bank & Card Charges | (6,435) | (5,255) | ||||||
| Admin, Tel &Stationaries | (18,171) | (15,869) | ||||||
| Software | (893) | |||||||
| Health &Saftey | (687) | (1,568) | ||||||
| Legal & Professional | (200) | |||||||
| (218,591) | (234,888) | |||||||
| Depreciation charge for |
the year | (19,672) | (16,987) | |||||
| 5b | ||||||||
| GOVERNANCE | ||||||||
| Sc | Accountants fee |
(1,750) | (2,000) |
| INCOME AND EXPENDITURE BYBRANCH | INCOME AND EXPENDITURE BYBRANCH | INCOME AND EXPENDITURE BYBRANCH | |||||||
|---|---|---|---|---|---|---|---|---|---|
| BARKING | ENFIELD | TOTAL | |||||||
| 6 | Tithes &Offering | 330,076 | 28,651 | 358,727 | |||||
| COST OFACTIVITIES | |||||||||
| Rent &Rates | (75,605) | (18,776) | (94,380) | ||||||
| Heat & Light | {22,753) | (1,965) | (24,718) | ||||||
| Premises Maintenance | (11,229) | (11,229) | |||||||
| Pastors Allowance | (20,750) | (20,750) | |||||||
| Honorarium, Evangelism |
&mission | (12,890) | (12,890) | ||||||
| Welfare &Charitable | donations | (2,730) | (1,200) | (3,930) | |||||
| Media Costs | (16,890) | {16,890) | |||||||
| Advertising 8 Publicity |
|||||||||
| Programme Cost |
(3,450) | (3,450) | |||||||
| Insurance | (2,400) | (426) | (2,826) | ||||||
| Books | |||||||||
| Travel Cost | (2,234) | (2,234) | |||||||
| Bank 8 Card Charges | (5,033) | (1,402) | (6,435) | ||||||
| Admin, Tel &.Stationaries | (16,271) | (1,900) | (18,171) | ||||||
| Software | |||||||||
| Health &Saftey | (687) | (687) | |||||||
| Legal &Professional | |||||||||
| TOTAL | (192,922) | (25,669) | (218,591) | ||||||
| NET SURPLUS/(DEFICIT) | 137,154 | 2,982 | 140,135 | ||||||
| 7 | Tangible Fixed Assets |
||||||||
| Fixtures & | |||||||||
| Premises | Instruments | Audio Visual | Fittings | Van | Total | ||||
| Equipment | |||||||||
| Cost | 60,638 | 23,091 | 39,668 | 38,368 | 161,765 | ||||
| Additions | 7898 | 7,898 | |||||||
| Deprec | |||||||||
| Rate | 16~/o | 19/o | 15/o | 33/o | |||||
| Bal 8/f | 15,018 | 37,487 | 25,033 | 77,538 | |||||
| Charge for | yr | 3,695 | 9,038 | 6,940 | 19,672 | ||||
| gal Cif | 18,713 | 46,525 | 31,973 | 97,210 | |||||
| Net BookValue | |||||||||
| 2019 | 60,638 | 8,073 | 10,079 | 13,335 | 92,125 | ||||
| 2020 | 60'638 | 4,378 | 1,041 | 14,293 | 80,351 |