2023-03-31-accounts

TS
		Pages
Administrative Information
Trustees Report
Independent Examiners'	Report
Statement of Financial	Activities
Statement of Financial	Position
Notes to the Accounts

Trustees:			Pastor Olajide Omotayo	Chairperson
			Akinbola Oluwajinmi	Secretary
			Pastor James Oladimeji
			Mrs Gloria Oladimeji
			Mrs Francesca Akinyemi
Charity Registered		Number:	1134967
Registered	Office:		6Whernside Close
			London
			SE288HB
Independent	Examiner:		Enochs Financial Services Ltd
			15StJoseph's Close
			London
			W10 5GL
Banker:			HSBC

					Unrestricted
					funds
					2023	2022
				Notes	f
Income Resources
Donations and Legacies				6.1	95,782	81,351
Investiments				6.1	38	1
Other Income				6.1	10,812	15,600
Total Income Resources					106,632	96,952
Resources Expended
Cost ofactivities in furtherrances			of
Charitable Activities				6.2	31,830	31,821
Management &Administration		of	charity	6.3	71,958	72,894
Governance Cost				6.4	1,550	1,848
Finance Cost				6.5	1 250	1,160
Total Resources Expended					105,588	10?,523
Net Income (Outgoing)	Resources				44	-10,571
Net Movement in Funds					0	0
Cash Funds B/F					17,184	27,735
Adjustment					0	0
Total Funds Carried Forward					17,208	17,184

				2023	2022
			Notes
Assets Retained for Charity's		own use
Tangible Assets				5,653	1,741
Cash Funds
Debtors Cash/Bank NET CURRENT ASSETS				2,906 12,584 15,492	10,4BO 11,712 22,192
TOTAL ASSETS				21,145	23,933
Liabilities
Amount falling due more than one year				3,937	6,769
TOTAL NET ASSETS				17,20&	17,164
Charity Funds
Unrestricted General Funds Nat Income for the Year	B/F		5	17,164 44	17,164 0
Adjustment
TOTAL FUNDS				17,20&	17,104

3	Fixed assets
				Plant	&	Fittings &	Total
				Machinery		Fixture
	Cost
	As At 1 April 2022				61,889	7,177	69,066
	Addition During the	Year			4,500	2,500	7,000
	Disposal/Written off				0	0	0
	At 31 March 2023				66,389	9,677	76,066
	Depreciation
	As At 1 April 2022				60149	7176	67,325
	Charge for the year				2,565	523	3,088
	Disposal/Written off				0	0	0
	At 31 March 2023				62,714	7,699	70,413
	Net Book Yalue
	At 31 March 2023				3675	1,978	5653
	At 31 March 2022				1,740	1	1,741
	All fixed assets are used for		direct charitable	purposes.
4	Creditors Amount	falling due within one		year		2023	2022
							6
	Other Creditors: Accountancy		fees			3,937	6,769
5	Unrestricted Funds					2023	2022
	Unrestricted Funds	brought forward				17,164	17,164
	Unrestricted Funds for the year					44	0
	Adjustment
	As at 31st March 2023/31st		March 2022			17,208	17,164

r the	year ended 31stMarch 202	year ended 31stMarch 202	year ended 31stMarch 202	3	3	3
6	Detailed Income and Expenditure			Account for the year to 31stMarch 2023
						2023	2022
						6	6
6.1	Income Resources
	Incoming from offering,	tithes,	building		&other	95,782	81,351
	Investments					38	1
	Gift Aid					10812	15,600
	Total Incoming Resources					106,632	96,952
	Resources Expended
6.2	Costs ofactivities in furtherance			of	the charities objects:
	Staff Cost —Salaries and	Wages				26,880	26,880
	Evangelism and Spiritual	Events				4,950	4,741
	Donations					0
						31,830	31,621
6.3	Managemant and Administrative			of	charity:
	Depreciation					3,088	3,724
	Rent					45,546	45,647
	Rates &Water					3,288	3,226
	Insurance					4,817	5,064
	Light & Heating					10,455	10,279
	Postage 8 Telecommunications					2,000	1,923
	Repairs and Renewals					985	1,248
	Advertising & Publicity					388	267
	Transport &Travelling					1,391	1,516
						71,958	72,894
6.4	Governance Costs
	Accountancy Fees					1,550	1,848
6.5	Finance
	Bank Charges					1,250	1,160
	Total Resources Expended					106,588	107,523
	Net Expenditure					644	-610,571