2021-03-31-accounts - The Divine Worshippers Christian Ministries

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Reference and Administrative	information
Report ofthe Trustees
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the financial statements		10-13
The following pages do not form part ofthe Financial Statements:
Detailed Statement ofFinancial	Activities	14

The trustees who are directors for the pu and since the year end were:-	rpose ofcompany law and who served du	rpose ofcompany law and who served du	ring the year
	Reverend Bamikole Omobitan		(Chair - Trustees)
	Reverend (Mrs) Margaret	Omobitan
	Mr Babatunde Akande
REGISTERED OFFICE:	37CLEMENCE ROAD,
	DAGENHAM ESSEX
	RM10 9YN
SECRETARY:	Reverend Bamikole Omobitan
BANKERS:	LLOYDS BANK PLC
	CRANBROOK ROAD
	ILFORD
	ESSEX
ACCOUNTANTS:	DANIEL FAMOK &ASSOCIATES
	320HIGH ROAD, TOTTENHAM
	LONDON
	N15 4BN
DWCM WORSHIP CENTRE	(FIRSTFLOOR)
	12BRIDGE CLOSE
	ROMFORD
	RM7 OAU

				2021	2021	2020
			Unrestricted	Restricted	Total	Total
		Notes	Funds	Funds	Funds	Funds
INCOMINGRKSOURCES
Incoming resources from generated	funds
Voluntary income:-
Donations &Offerings Investment income Incoming resources from Charitable	Activities		29,655 1,053		29,655 1,053	34,682 52
Member's and Building funds Otherincoming resources			1,555		1,555	3,970
HMRC Gift Aid Tax Reclaims			8,306		8,306	10,233
TOTAL INCOMING RESOURCES			40,569		40,569	48,937
RESOURCES EXPENDED		1.2
Costs ofgenerating funds
Costs ofgenerating voluntary	income	3 dk 4b	18,318		18,318	28,453
Charitable Activities		4(a)	9,303		9,303	9,238
Governance Costs			1,801		1,801	2,042
TOTAL RESOURCES EXPENDED			29,422		29,422	39,733
NET MOVKMKNT IN FUNDS			11,147		11,147	9,204
RECONCILIATION OFFUNDS
Total funds brought Fonvard		15	116,169		116,169	106,965
TOTAL FUNDS CARRIED FORWARD			127,316		127,316	116,169

	Notes	2021	2020
FIXEDASSETS
Tangible Fixed Assets		2,126	2,836
CURRENT ASSETS
Sundry debtors Fixed Term Investment Cash at bank and in hand	9 10	4,180 80,000 41,273	4,180 100,000 9,903
LESSCREDITORS:		125,453	114,083
Amounts falling due within one year		(263)	(750)
NKT CURRENT ASSETS	15	125,190	113,333
Tothl Assets Less Liabilities		127,316	116,169
UNRESTRICTED FUNDS
General funds	15	127,316	116,169
Total Funds		127316	116,169

2	TANGIBLE FIXEDASSETS	Motor	Musical	E~ui ment	Total
	COSTS:	Vehicle	nstruments	3~th fittin s	2021
	Cost at 1stApril 2020 Additions during the year	2000	15,119	5,288	22,407
	As at31stMarch 2021	2 000	15,119	5,2SS	22,407
	DEPRECIATION:
	Depreciation at 1stApril 2020 Depreciation charge for the year As at31stMarch 2021	1964 9 1,973	12,817 576 13,393	4,790 125 4,915	19,571 710 20,281
	Net BookValue As at 31stMarch 2021	27	1,726	373	2,126
	Net BookValue As at31stMarch 2020	36	2,302	498	2,S36
3	COST OF GENERATING VOLUNTARY INCOME		2021		2020
	Printing, Postage and Stationery		293		297
	Premises Costs		14,027		23,944
			14320		24,241

	FOR THK YEAR ENDED 31STMA 4 CHARITABLE ACTIVITIES	RCH 2021
		2021	2020
	Printing, Media and Evangelism Advert and Publicity Pastoral Allowances	5,210 1,256	7,296 372
	Gift to charities and visiting ministries	1,460
	Christian Books, CDs and DVDs		200
	Honorarium, Love offering &gifts Telephone, Internet and %'ebcosts	1,377	120 1,250
	(b) Members' 8'el are and Su ort costs:	9,303	9,238
	Travels and Motor Expenses Hospitality, Food and Refreshments	568	785
	Equipment repairs and maintenance Sundry expenses	153 617	2,733 424
	Health, Fire and Safety safeguards Motor insurance premiums	2,350 310	212 58
5	PREMISES COSTS	3,990	4,212
		2021	2020
	Rent, Rates and Service charges Borough (Council's) Planning Permission Depreciation charge	12,317 1,000	22,999
		710	945
6	GOVERNANCE COSTS	14,027	23,944
		2021	2020
	Independent Examiner's fee
	Accountancy &Bookkeeping charges Legal &Professional fees	250 500	250 500
	Annual returns fees	1,038	1,279
		13	13
		1,001	2,042
7	NKT MOVKMKNT IN FUNDS FOR THK YEAR	2021	2020
	The net movement in funds for the year is stated aAer charging:
Depreciation oftangible fixed assets- for use by the charity		710	945
	Independent Examiner's fee
Accountancy &Bookkeeping charges		250 500	250 500

S	STAFFCOSTS	FOR T	HK	YEAR ENDE	D 31STMA	RCH 2021
						2021	2020
	Wages &Salaries
	Social Security Costs
	No staff was employed by the charity during the year No trustee has received remuneration in the year. No expenses have been reimbursed to any ofthe trustees. No employees whose emoluments exceeded $60,000.
9	SUNDRY DEBTORS:					2021	2020
	Sundry Debtors Rent security deposit					2,380 1,800	2380 1,800
						4,180	4,180
10	FIXEDDEPOSIT INVESTMENT					2021	2020
	Lloyds Fixed Term Deposit Account					80,QQQ	100,000
						80,000	100,000
11	CREDITORS: Amount	fallin	due	within one	ear	2021	2020
	Accruals
						263	750
						263	750

	The Trustees has designated	anew	church	facility.
14	ANALYSIS OFNET ASSETS BETWEEN FUNDS	K~ui	ment	%etCurrent
		Motor Van		Assets less	Net Total
15	UNRESTRICTED FUNDS:	~0ds	littin s	Liabdtttes	2021
	General funds		2,126	125,190	127,316
			2,126	125,190	127,316

INCOME				2021		2020
Voluntary Income HMRC Charities GiA Aid Benefits Missionary and Members' funds Building funds (Rental income) Investment income				29,655 8,306 1,555 1,053		34,682 10,233 2170 1800 52
				40,569		48,937
LESS:EXPENDITURE
Premises costs
Rent, Rates k Service Charges Borough (Council's) Planning Permission Depreciation charge			12,317 1,000 710		22,999 945
				14,027		23,944
Administration
Printing, Postage and Stationery Annual returns fees			293 13	306	297 13	310
Ministr and Outreach
Printing, Media and Evangelism Advert and Publicity Pastoral Allowances Gift to charities and visiting ministries Christians Books, CDs and DVDs Honorarium, Love offering 4 donations Volunteers and instrumentalists			5,210 1,256 1,460 1,377	9,303	7,296 372 200 120 1250	9,238
Governance costs and Pro essional	ees
Independent examiners Accountancy and bookeeping Professional &GiA Aid Processing fees			250 500 1,038	1,788	250 500 1,279	2,029
a%embers' 8'el are and Su ort costs
Travels and Motor Expenses Hospitality, Food and Relreshments Repairs and maintenance Members' Welfare expenses Health, Fire and Safety Safeguards Motor insurance premiums TOTAL EXPENDITURE			568 153 617 2,350 310	3,998 29,422	785 2,733 424 212 58	4,212 39,733
Net Surplus for the current year Accumulated Surplus brought forward Accumulated Surplus carried forward				11,148 116,169 127,317		9,204 106,965 116,169
This page does not form part ofthe statutory		accounts