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|TS|||
|---|---|---|
|||Pages|
|Administrative<br>Information|||
|Trustees Report|||
|Independent<br>Examiners'|Report||
|Statement<br>of Financial|Activities||
|Statement<br>of Financial|Position||
|Notes to the Accounts|||





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





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||||||Unrestricted||
|---|---|---|---|---|---|---|
||||||funds||
||||||2023|2022|
|||||Notes|f||
|Income Resources|||||||
|Donations<br>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<br>in furtherrances|||of||||
|Charitable<br>Activities||||6.2|31,830|31,821|
|Management<br>&Administration||of|charity|6.3|71,958|72,894|
|Governance<br>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<br>in Funds|||||0|0|
|Cash Funds B/F|||||17,184|27,735|
|Adjustment|||||0|0|
|Total Funds Carried Forward|||||17,208|17,184|





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






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|3|Fixed assets|||||||
|---|---|---|---|---|---|---|---|
|||||Plant|&|Fittings &|Total|
|||||Machinery||Fixture||
||Cost|||||||
||As At 1 April 2022||||61,889|7,177|69,066|
||Addition<br>During the|Year|||4,500|2,500|7,000|
||Disposal/Written<br>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<br>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<br>Funds|||||2023|2022|
||Unrestricted<br>Funds|brought<br>forward||||17,164|17,164|
||Unrestricted<br>Funds for the year|||||44|0|
||Adjustment|||||||
||As at 31st March 2023/31st||March 2022|||17,208|17,164|





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|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<br>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<br>in furtherance|||of|the charities objects:|||
||Staff Cost —Salaries and|Wages||||26,880|26,880|
||Evangelism<br>and Spiritual|Events||||4,950|4,741|
||Donations|||||0||
|||||||31,830|31,621|
|6.3|Managemant<br>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<br>& Publicity|||||388|267|
||Transport<br>&Travelling|||||1,391|1,516|
|||||||71,958|72,894|
|6.4|Governance<br>Costs|||||||
||Accountancy<br>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|