| Page | |
|---|---|
| Reference and administrative details ofthe charity, its trustees and advisers |
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| Trustees' Report | y-8 |
| Independent Examiners Report |
|
| Statement ofFinancial Activities | 10 |
| Balance Sheet | |
| Notes to the Financial Statements |
| REFERENCE AND ADMINISTRATIVE DETAILS OFTHE~,ITSTRUSTEESAND ADVISERS FORTHE YEARENDED SrDECEMBER2021 |
REFERENCE AND ADMINISTRATIVE DETAILS OFTHE~,ITSTRUSTEESAND ADVISERS FORTHE YEARENDED SrDECEMBER2021 |
|---|---|
| General Overseer | Pastor. E.A, Adeboye |
| Trustees | Pastor. Babatunde Adevrale Sofowora |
| Mrs. Adeyinka Adetola Ogunnaike | |
| Pastor in Charge | Pastor Adetutu Sofowora |
| Charity Registered No | 11S~oS |
| Principal Ofiice | 193Crayford Road |
| Crayfozd | |
| London | |
| DA1 4HA | |
| Lighthall Consult |
|
| (Chartered Certified Accountants) |
|
| Unit 128First Floor | |
| qrfi High Street | |
| London | |
| Etfi 4QZ | |
| Bankers | Barclays Bank Pic |
| Recommended categories activity |
by | Notes | Unrestricted funds f |
Restricted income funds |
Total funds 2021 E |
Prior year funds 2020 |
|---|---|---|---|---|---|---|
| Incoming resources | ||||||
| Income and endowments | from: | |||||
| Donations and legacies | 112,108 | 112,108 | 118,374 | |||
| Charitable activities |
||||||
| Other | 166 | 166 | 10012 | |||
| Total | 1162 | 1162 | 128, 86 | |||
| Resources expended | ||||||
| Expenditure on: |
||||||
| Charitable activities |
10 | 108,589 | 108&589 | 111,695 | ||
| Separate material item ofexpense | ||||||
| Other | 1, 60 | 60 | 28 | |||
| Total | 110 | 1101 | 112 80 | |||
| Net income/(expenditure) investment gains/(losses) |
before | 612 | 61 | 1 06 |
||
| Net income/(expenditure) | 6125 | 6,1 | 1 06 |
|||
| Other recognised gains/(losses)1 | ||||||
| Abet monement inftmds | 6,125 | 6,125 | 15,406 | |||
| Reconciliation offundal | ||||||
| Total funds brought forward | 2 212 | 6,859 | 666 | |||
| Totalfunds carried fortoard | 68 | 16 | 0 1 |
| Income and endowments | from: | Restricted | Unresndcted | Total | Total |
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2021 f |
2021f | 2021 f |
2020f | ||
| Total income and endowment | 108102 |
| ,Donations gr Othe |
r Legacies: | ||
|---|---|---|---|
| aoal | 2020 | ||
| Planned giving's (Building Fund) | |||
| Income tsx recoverable- | gift aid | »i991 | 10,273 |
| Collection at all services | 99in7 | 108)102 | |
| 112108 | 118 |
| Other | Income | |||||
|---|---|---|---|---|---|---|
| 2021 f |
2021 f |
2020 | ||||
| Rental | Income | 4,163 | 4 165 | 10,396 | ||
| Interest | income | 1 | 1 | 21 | ||
| 166 | 166 | 10 1 |
| Restricted | Unrestricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2021 f |
R021 f |
2021f | 2020 | ||
| Gnritable | donations | 25&144 | 25&144 | 26,921 |
| Donation | ||||
|---|---|---|---|---|
| XaIne ofinstitution | descriptlo11 | 2021 | 2020 f |
|
| Advancmnent | of | |||
| ltCCG- C'mtral, WEM, and Area | Christhm faith | |||
| OKees | worldwide | 22,648 | 24&884 | |
| Advancement | of | |||
| Christian faith |
||||
| Missions and other Churches | worldwide | 2,496 | 2537 | |
| 26,921 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | ||||
| R021f | 2021 | 2021 | R020 f |
|||
| Advancement | ofChristian | Faith | 25.144 | 25,144 | 26,921 | |
| 25 144 | 25,144 | 26,921 |
| .Governan | ce Costs | ||||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| Funds | Funds | Funds | |||
| 2021. | 2021 | 2021 | 2020 | ||
| 8 | |||||
| Accountants' | remuneration | 1,560 | 1,560 | 1,285 |
| Basisof | Advancement | of | |||||
|---|---|---|---|---|---|---|---|
| Allocation | Christian faith | Total | Total | ||||
| 2021 | 2021 | 2020 | |||||
| 8 | |||||||
| Visiting speakers' | expenses | 4,663 | 4,663 | 4935 | |||
| Welfare | 2733 | 2733 | 3,g21 | ||||
| Pood Bank | 873 | 873 | 200 | ||||
| Training | (Qrsrity) | 85 | 85 | 570 | |||
| Health 8rSafety | 286 | ||||||
| Children | 8cTeen church costs | 2 0 | |||||
| 8 | 8 | g,g12 |
| Basisof | Advancement | of | |||||
|---|---|---|---|---|---|---|---|
| Allocation | Christian faith | Total | Total | ||||
| 2021 | 2021f | 2020 E |
|||||
| Entertaimnent, | hospitality | Actual | 3,622 | 3,622 | 2,430 | ||
| Communication | Actual | 1,687 | 1,687 | 2328 | |||
| Advernsing and |
publications | Actual | 430 | 430 | 309 | ||
| Repairs and maintenance | Actual | 1,323 | 1323 | 468 | |||
| Insurance | Actual | 2,027 | 2,027 | 1,898 | |||
| Stafftraining | Actual | 120 | |||||
| Bank charges | Actual | 333 | 333 | ||||
| Interest on Lease | Actual | 293 | 293 | 1,172 | |||
| Rent and rates | Actual | 42717 | 41)717 | 40,208 | |||
| Licenses, Membership | h Subscription | Actual | 156 | 156 | |||
| Consultancy Fees |
Actual | 2,967 | 2,967 | ||||
| Media | Actual | 940 | 940 | 85o | |||
| Instrumentalist | Ik music expenses | Actual | 13)410 | 13,410 | 14)720 | ||
| Depreciation | Actual | 5)945 | 5945 | 11,360 | |||
| 74,850 | 80 | 862 |
| to, Net Income/(Expenditure): This is stated a assets, premises cost, and accountants' remuneration |
fter charging depre | ciation of |
|---|---|---|
| This is stated after~ | 2021 | ROROf |
| Depreciation oftangible fixed assets and premises costs | 5945 | 11,360 |
| Accountants' remuneration |
1 60 | 128 |
| During the year, notrustee received any remuneration | ||
| During the year, notrustee received any benefit in kind | ||
| During the year, notrustee received any reimbursement | ofexpenses |
| Furniture, | ||||||
|---|---|---|---|---|---|---|
| Fittings, and | Furniture | gr | ||||
| Equipment | Equipment | Fittings | Total | |||
| 2021 | 2OR1 | 2021 | 20R1 f |
|||
| Cost | ||||||
| As 1January 2021 | 18,917 | 27551 | 11,626 | 58,o94 | ||
| Additions | 1 | 1 | ||||
| At31December 2O21 | 18, 1 | 28 26 |
11626 | 6 | ||
| Depreciation | ||||||
| As 1January 2021 | 17~341 | 19.515 | 10,396 | 47 | 252 | |
| Forthe year | 6 | 1 0 |
||||
| At31December Ross | 18 1 | 226 | 11626 | |||
| Net BookValue | ||||||
| At31Deceu1ber 2021 | 62 2 | 62 | ||||
| At 31December 2021 | eo 6 | 12 0 | 108 |
| 2021f | 2020 | |||||
|---|---|---|---|---|---|---|
| Lasn | 8,75o | 12f750 | ||||
| Accrued | Gift | aid | Income | recoverable | ||
| 8 o |
12 0 |
| Amounts | fallix~ | due | within | one | year: | ||
|---|---|---|---|---|---|---|---|
| 2021f | 2020 | ||||||
| 1,560 | 1,285 | ||||||
| S1 | |||||||
| 6o | 2266 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| Funds | Restricted Funds | Total Funds | Funds | |
| 2021f | 2021 | 2021f | 2020 | |
| At 1January | 67273 | 6,85g | 74 182 | 58,726 |
| Surplus/(Def cit) forthe year | 6,125 | 6,125 | 15,406 | |
| At SiDecember | 68 | 8o2 |