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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|
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|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|||
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|||||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|
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|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|
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||The Trustees has designated|funds for the purpose ofsecuring|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|||||