2021-08-27-accounts

		Divine	Divine	Prophetic	Prophetic	Interdenominational	Interdenominational	Ministries	Charity (ifany)	No	1138284
						Annual accounts for the			period			CC~7a
	Period start				date		28/08/2020	To	Period end date		27/08/2021
								Restricted
Recommended		Details			ofown	e	Unrestricted	income	Endowment		Total this	Total last
categories by activity			analysis				funds	funds	funds		year	year
							E	E	E
Incoming resources (Note			3)				F01	F02	F03		F04	F05
Incoming resources from
generated funds							43,191				43,191	162,957
Voluntary income						301
Activities for generating funds						002
Investment income						003
Incoming resources from
charitable activities						S04
Other incoming raaoumea						305
Total incoming resources						soo	43,191				43,191	162957
Resources expended	(Notes 4-8)
Costs of Generating Funds
Costs or generating voluntary
income						307	3,600				3,600	20,570
Fundraising trading costs
Investment management costs						Sog
Charitable activities						310	58,224				58,224	67,834
Governance costs						011	9,489				9,489	17,796
Other reaoumea expended						312
Total msources expended						013	71,313				71313	106,200
Netincomingl(outgoingj	msoumes				before
				transfers		314	28,122				28,122	56,757
Gross transfers between funds						315
Nst /ncomingl(outgoing)	msoumes				before
other mcognised			gainsl(losses)			std	28 122				28,122	56,757
Other recognised gains/(losses)
Gains and losses on revaluation			offixed		assets
for the charity's own use						317
Gains and losses on investment			assets			013
Net movementin					funds	010	28 122				28,122	56,757
Total funds brought forward						020	56,757				56,757
Total funds cerned				I'oNvand		sm	28635				28,635	56,757

|~
s||||||~|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||Restricted||||| ||||||||s|Unrestricted|income|Endowment|Total this|Total last|| ||||||||z|funds
E|funds
f|funds
E|year
E||year
E| |Fixed assets||||||||F01|F02|F03|F04||F05| |Tangible assets|||(Note 9)||||801|17,549|||17,549||23,401| ||||||||802||||||| |Investments|||(Note 10)||||803||||||| |||Total fixed assets|||||804|17,549|||7,5||23,401| |Current assets|||||||||||||| |Stock and work in|progress||||||805||||||| |Debtors|||(Note 11)||||||||||| |(Short term) investments|||||||807||||||| |Cash at bank and|in|hand|||||806|51,175|||75||44,457| ||Total||current assets|||||51,175|||51,175||44,457| |Creditors: amounts||falling||due within|||||||||| |one year
(Note 12)|||||||810|1,500|||1,500||1,500| |Net cunent||assetsl(liabilities)|||||811|49,675|||49,675||42,957| |Total assets less||cunent liabilities|||||812||||||66,358| |Creditors: amounts||falling||due after|||||||||| |one year
(Note|||12)||||813|50,000|||50,000||| |Provisions for liabilities|||and|charges|||814||||||| |||||Net assets|||815|17,2|||17,224||66,358| |Funds ofthe Charity|||||||||||||| |Unrestricted
funds|||||||816|17,224|||17,224||66,358| ||||||||817||||||| |Restricted income|funds||(Nots 13)||||818||||||| |Endowment
funds|(Note||13)||||810||||||| ||||Total funds||||820|17,224|||17,224||66,358| |Signed by one or lwc trustees
the trustees|||on|behalf|ofall|||Signature||Print|Name|Date of
a
revel|| |||||||||||PASTOR 8G OLAYIWOLA||09/03/2024||

Note 2		Accounting policies	Accounting policies
This standanf listofaccounting policies has been applied by the charity except lbr those deleted.				Where a diffemnt or
additional policy has been		adopted then thisis detailedin the box below.
INCOMING RESOURCES
Recognitlon	ofIncoming		These are included in the Statement ofFinancial Activities (SoFA)when:
lssollrces			~ the charity becomes entitled to the resources;
			~ the trustees are virtually certain they will receive the resources; and
			~ the monetary value can be measured with sufficient reliability.
Incoming resources with			Where incoming resources have related expenditure (as with fundraising	or contract income)
related expenditure			the incoming resources and related expenditure are reported gross in the	SoFA.
Grants and	donations		Grants and donations are only included in the SoFA when the charity has	unconditional
			entitlement to the resources.
Tax reclaims on donations			Incoming resources from tax redaims are included in the SoFA at the same time as the giR to
and gifts			which they relate.
Contractual	Income and		This is only included in the SoFA once the related goods or services have	been delivered.
performance	related grants
Gifts in Idnd			Gifts in kind are accounted for ata reasonable estimate oftheir value to the charity or the amount actually realised.
			Gifts in kind for sale or distribution are included in the accounts as gifts only when sold		or
			distributed by the charity.
			Gifts in kind for use by the charity are included in the SoFA as incoming resources when
			receivable.
Donated services and			These are only included in incoming resources (with an equivalent amount	in resources
facilities			expended) where the benefit to the charity is reasonably quantifiable, measurable and material.
			The value placed on these resources is the estimated value to the charity	ofthe service	or
			facility received.
Volunteer help			The value ofany voluntary help received is not included in the accounts but is described trustees' annual report.		in the
Investment	income		This is included in the accounts when receivable.
Investment	gains and losses		This includes any gain orloss on the sale of investments and any gain or	loss resulting	from
			revaluing investments to market value at the end ofthe year.
EXPENDITURE AND			LIABILITIES
Liability recognition			Liabilities are recognised as soon as there isa legal or constructive obligation committing			the
			charity to pay out resources.
Governance	costs		Include costs ofthe preparation and examination ofstatutory accounts, the costs oftrustee
			meetings and cost ofany legal advice to trustees on governance or constitutional matters.
Grants with	performance		Where the charity gives a grant with conditions for its payment being a speciTic level ofservice
conditions			or output to be provided, such grants are only recognised in the SoFAonce the recipient		ofthe
			grant has provided the specified service or output.
Grants payable without			These are only recognised in the accounts when a commitment has been	made and there		are
perfonnance	conditions		no conditions to be met relating tothe grant which remain in the control of	the charity.
Support Costs			Support costs include central functions and have been allocated to ectivity	cost categories		on a
			basis consistent with the use ofresources, eg allocating property costs by	floor areas, or per
			capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use			These are capitalised ifthey can be used for more than one year, and cost at least 5500.			They
by charity			are valued at cost or a reasonable value on receipt.
Investments			Investments quoted on a recognised stock exchange are valued at market	value at the year
			end. Other investment assets are included at trustees' best estimate ofmarket value.
Stocks and work In progress			These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM THOSE
	ABOVE

Note 3		Analysis ofincoming resources
incoming	resources may	be further analysed ifthis would help the reader ofthe	accounts.
		Analysis	This year f	Last year
Voluntary	income		43,191	162957
		Total	43,191	162,957
Activities	for generating	funds
		Total
Investment	income
		Total
Incoming	resources from
charitable	activities
		Total

Mote 4			Analysis ofresources expended	Analysis ofresources expended
Resources		expended	may be further analysed	ifthis would help	the reader ofthe accounts.
						This year	Last year
				Analysis		R	5
Costs ofgenerating						3600	20570
voluntary	income
					Total	3,600	20,570
Fundraising		trading
costs
					Total
Investment
management		costs
					Total
Charitable	activities					58,224	67,834
					Total	58,224	67,834
Governance		costs				9,489	17,796
					Total	9,489	17,796

				Fundraiaing	activity	Charitable	Activity	Governance	Activity	Total	Cost
Su	ort	cost	e	R		K
			Total

services pr appropriate	ovided by yo box(es).	ur indep	endent examiner orau	ditor. Ifnoth	ing was paid please	enter NONE i
					This year	Last year
					R
independent	examiner's	or auditors' fees for reporting		on the
accounts
Other fees (for example: advice, services) paid tothe independent			consultancy, accountancy examiner or auditor		1500	1500

grants
						Grants to	Grants to
						institutions	individuals
Purpose	for	which	grants	made		Total amount 8	Total amount f
					Total

ions s	u rted.
Names	ofinstitutions	Purpose			Total amount of grants aid 8
		Total	grants	toinstitutions

		Freehold	land	Other land	&	Plant,	Plant,	Fixtures,	Payments	on	Total
		&buildings		buildings		machinery		fittings and	account	and
						and	motor	equipment	assets under
						vehicles			construction
Balance brought							45,759	66,869			112,628
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried						45,759		66,869			112,628
forward
9.2Accumulated		depreciation	and impairment		provisions
		Basis				SL		SL
		Rate				25%		25%
Balance brought forward						37,971		51,257			89,228
Depreciation	charge						1,947	3,903			5,850
for year
Impairment	provisions
Revaluations
Disposals
Transfers*
Balance carried						39,918		55,160			95,078
forward
9.3Net book value
Brought forward							7,788	15,612			23,400
Carried forward							5,841	11,709			17,550
9.4 Revaluation
ifany fixed	assets have been revalued please give					details ofthe		valuer and method ofvaluation

Carrying (market) value at beginning ofyear
Add: additions to investments at cost
Less: disposals at carrying value
Add/(deduct): net gain/(loss) on revaluation
Carrying (market) value at end ofyear

10.3 A	breakdown of	breakdown of	the income	fro	m	investments	agreeing with SOFA ro	w 803.
Analysis	ofinvestments							10.2	10.3
								Market value et	Income from
								year end	investments	for
									the year
									2
Investment	properties
Investments	listed on	a recognised		stock		exchange or held in common
investment	funds, open ended investment					companies,	unit trusts or other
collective investment		schemes
Investments	in subsidiary		or connected		undertakings		and companies
Securities	not listed on a		recognised	Stock Exchange
Cash held as part ofthe investment				portfolio
Other investments
							Total

Note 11	Debtors and prepayrnents	Debtors and prepayrnents	Debtors and prepayrnents
Please complete this note if		the charity has any	debtom	or	a	ants.
Analysis ofdebtors				Amounts within		fusing due one year	Amounts more	falling due after than one year
				This year		Last year	This year		Last year
									K
Trade debtors
Amounts due	from subsidiary	and associated
undertakings
Other debtors
Prepayments	and accrued income
			Total

					Amounts	falling due	falling due	Amounts	falling	falling	due after
					within	one	year	more	than	one year
					This year	Last year		This year		Last year
							R				K
Loans and overdrafts					50,000
Trade creditors
Amounts	due to subsidiary		and associated
undertakings
Other creditors					1,500		1,500
Accruals	and deferred	income
				Total			1,500

				un					Fund
				balances					balances
				brought	Incoming	Outgoing		Gains and	carried
				forward	resources	resources	Transfers	losses	forward
Fund	names			E	E	E	K		E
		Total	Funds

13.3Transfers between	funds
Please give details ofany	transfers between funds.
From Fund (Name)	To Fund (Name)	Reason	Amount

r relat	ed	parties	by	the charity	oranyins	titution orcompany connected	with it.
Name	of	trustee	or	connected	party	Legal authority (eg order, governing document)	This year Last year Amounts paid or benefit value
							E K

Name oftrustee or connected party	Legal authority	This year Amount	Last owing	year
		E		K

elated party has amate	rial interest.
Name ofthe trustee	Relationship	to	Description ofthe	This y'ear	Last year
or related party	chari		transaction(s)		e