| CHURCH INFORMATION |
. | |
|---|---|---|
| TRUSTEES REPORT | 2-4 | |
| INDEPENDENT EXAMINERS'S REPORT. |
||
| INCOME & EXPENDITURE | ACCOUNT. | |
| BALANCE SHEET | ||
| NOTES TO ACOUNTS. | 8-10 |
| Notes | Unrestricted | Restricted | 2021 | 2020 | ||
|---|---|---|---|---|---|---|
| Incoming Resources |
||||||
| Offering 5.Donations | 2 | 400,334 | 400,334 | 358,727 | ||
| Investment Income |
||||||
| Other Income | 4 | 64,053 | 64,053 | 66,015 | ||
| Total Income Resources | 464,387 | 424,742 | ||||
| Resources Expanded | ||||||
| Cost ofActivities | (329,541) | (240,013) | ||||
| Total Resources Expanded | (329,541) | (240,013) | ||||
| Net Incoming / (Outgoing) | Resources | 134,846 | 184p729 | |||
| Funds brought forward 31/12/2020 | 604,513 | 419,785 | ||||
| Designated funds utilised |
||||||
| Funds carried forward 31/12/2021 | 739,360 | 604,513 |
| FIXED ASSETS | Note | 2021 | 2020 | |
|---|---|---|---|---|
| f | E | |||
| Premises | 431,808 | 60,638 | ||
| Fixtures & Fittings | 1.4 | 1,832 | 19,713 | |
| Investment | 60,000 | |||
| 493,639 | 80,351 | |||
| CURRENT ASSETS | ||||
| Building funds | & Savings | 31,626 | 109,208 | |
| Debtors | 213,507 | 227,744 | ||
| Bank and cash | in hand | 2,338 | 188,961 | |
| 247,471 | 525,912 | |||
| CREDITORS; | ||||
| Amounts falling due within one year: |
||||
| Trade Creditors | (1,750) | (1,750) | ||
| (1,750) | (1,750) | |||
| Net Current Assets / (Liabilities) |
245,721 | 524,162 | ||
| CREDITORS; | ||||
| Amounts falling due for more than one |
year | |||
| Loan | ||||
| Total Assets less Liabilities | 739,360 | 604,513 | ||
| UNRESTRICTED | FUNDS | |||
| brought forward |
604,513 | 419,785 | ||
| Surplus for the | year | 134,846 | 184,729 | |
| Designated funds |
||||
| Total Funds | 739,360 | 604,513 |
| 1.4 | Tangible Fixed Assets |
Tangible Fixed Assets |
||||
|---|---|---|---|---|---|---|
| The value of Fixtures S.Fittings, musical | instruments and Van |
capitalised | are written | offto expense at its | ||
| life at a fixed rate depreciation | Fixtures | Premises | ||||
| Premises Cost | 308,694 | |||||
| Premises Cost | addition | 123,114 | ||||
| Fixtures Cost | @01/01/19 | 109,025.00 | ||||
| Additions (AC |
8 Musical instruments) | 10,500.00 | ||||
| Sub total | 119,525.00 | 431,807.50 | ||||
| Cum Deprec | 97,211.00 | |||||
| Deprec for year | 20,482.30 | |||||
| NBV | 1,831.70 | 431,807.50 | ||||
| Depreciation | charge for the year | (20,482) |
| Notes | tothe Financial Statements | tothe Financial Statements | tothe Financial Statements | |||||
|---|---|---|---|---|---|---|---|---|
| Notes | 2021 | 2021 | 2021 | 2020 | ||||
| 2 | GENERAL OFFERINGS | Unrestricted | Restricted | |||||
| Tithes &.Offering | 400,334 | 400,334 | 358,727 | |||||
| Total Income Received | 400,334 | 358,727 | ||||||
| 4 | OTHER INCOME | 4 | Unrestricted | Restricted | ||||
| Gift Aid Payable | 64,053 | 64,053 | 66,015 | |||||
| Total Other Income | 64,053 | 66,015 | ||||||
| 5a | COST OF ACTIVITIES | |||||||
| Rent & Rates | (94,380) | (94,380) | ||||||
| Heat & Light | (27,218) | (24,718) | ||||||
| Premises Maintenance |
(43,223) | (11,229) | ||||||
| Insurance | (1,113) | (2,826) | ||||||
| Pastors Allowance | (18,000) | (20,750) | ||||||
| Honorarium, Evangelism |
& mission | (28,954) | (12,890) | |||||
| Welfare 8 Charitable | donations | (18,625) | (3,930) | |||||
| Volunteering Allowance |
||||||||
| Media Costs | (29,307) | (16,890) | ||||||
| Advertising & Publicity |
(5,466) | |||||||
| Programme Cost |
(5,438) | (3,450) | ||||||
| Books | (2,254) | |||||||
| Travel Cost | (8,349) | (2,234) | ||||||
| Bank 8 Card Charges | (5,050) | (6,435) | ||||||
| Admin, Tel 8 Stationaries | (19,170) | (18,171) | ||||||
| Health &.Saftey |
(1,162) | (687) | ||||||
| Legal 8 Professional | (500) | |||||||
| (308,208) | (218,591) | |||||||
| Depreciation charge for |
the year | (20,482) | (19,672) | |||||
| 5b | ||||||||
| GOVERNANCE | ||||||||
| Sc | Accountantsfee | (850) | (1750) |
| BARKING | ENFIELD | TOTAL | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | Tithes & | Offering | 367,198 | 33,136 | 400,334 | ||||||
| COST OF | ACTIVITIES | ||||||||||
| Rent & Rates | (75,031) | (19,349) | (94,380) | ||||||||
| Heat & Light | (25,146) | (2,071) | (27,218) | ||||||||
| Premises | Maintenance | (39,223) | (4,000) | (43,223) | |||||||
| Pastors Allowance | (18,000) | (18,000) | |||||||||
| Honorarium, Evangelism |
&.mission | (28,954) | (28,954) | ||||||||
| Welfare | & Charitable | donations | (18,625) | (18,625) | |||||||
| Media Costs | (29,307) | (29,307) | |||||||||
| Advertising & Publicity |
(5,466) | (5,466) | |||||||||
| Programme Cost |
(5,438) | (5,438) | |||||||||
| Insurance | (599) | (513) | (1,113) | ||||||||
| Books | (2,254) | (2,254) | |||||||||
| Travel Cost | (8,349) | (8,349) | |||||||||
| Bank & Card Charges | (3,678) | (1,372) | (5,050) | ||||||||
| Admin, Tel &Stationaries | (16,567) | (2,603) | (19,170) | ||||||||
| Software | |||||||||||
| Health 8 | Saftey | (1,162) | (1,162) | ||||||||
| Legal &.Professional | (500) | (500) | |||||||||
| TOTAL | (278,300) | (29,909) | (308,208) | ||||||||
| NET SURPLUS/(DEFICIT) | 88,898 | 3,228 | 92,125 | ||||||||
| 7 | Tangible | Fixed Assets | |||||||||
| Fixtures & | |||||||||||
| Premises | Instruments | Audio Visual | Fittings | Van | Total | ||||||
| Equipment | |||||||||||
| Cost | 308,694 | 23,091 | 47,566 | 38,368 | 417,719 | ||||||
| Additions | 123114 | 10500 | 0 | ||||||||
| Deprec | |||||||||||
| Rate | 16/o | 19/a | 15/ | 33% | |||||||
| Bal 8/f | 18,713 | 46,525 | 31,973 | 97,211 | |||||||
| Charge for | yr | 3,695 | 11,033 | 5,755 | 20,482 | ||||||
| Bal C/f | 22,408 | 57,558 | 37,728 | 117,693 | |||||||
| Net Book Value | |||||||||||
| 2020 | 308,694 | 4,378 | 11,541 | 6,395 | 331,008 | ||||||
| 2021 | 431,808 | 683 | 508 | 640 | 433,639 |