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|Reference and Administrative
information|Reference and Administrative
information||
|---|---|---|
|Report ofthe Tmstees||2-6|
|Independent
Examiner's
Report|||
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Notes to the financial|statements|10-13|
|The foltovving
pages|do not fotan part ofthe Financial Statements:||
|Detailed Statement of|Financial Activities|14|
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|The tntstees who are directors for the putpose ofcompany
law and who served during|The tntstees who are directors for the putpose ofcompany
law and who served during|The tntstees who are directors for the putpose ofcompany
law and who served during|The tntstees who are directors for the putpose ofcompany
law and who served during|the year|
|---|---|---|---|---|
|and since the year end were:-|||||
||Reverend
Brunikole Omobitan||(Chair - Tmstees)||
||Reverend (Mrs) Margaret|Omobitan|||
||Mr Babatunde
Akande||||
|REGISTERED OFFICE:|37CLEMFNCF. ROAD,||||
||DAGENHAM
ESSEX||||
||RM10 9YN||||
|SECRETARY:|Reverend
Banukole Omobitan||||
|BANKERS:|LLOYDS BANI& PLC||||
||CRANBROOK. ROAD||||
||ILFORD||||
||ESSEX||||
|ACCOUNTANTS:|DANIEL FAMOI& &ASSOCIATES||||
||ACCOUNTANTS
&FINANCIAL|||CONSULTANTS|
||UNIT 209(SECOND FLOOR)||||
||TUDORLEAF BUSINESS CENTRE,||||
||2-8 FOUNTAYNE ROAD, LONDON||||
||N15 4QL||||
|DWCM WORSHIP CENTRE|(FIRSTFLOOR)||||
||12BRIDGECLOSE||||
||ROMFORD||||
||RM7 OAU||||
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|||||2022|2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|Fuuds|Funds|Funds|Funds|
|||||||8|
|INCOMING RESOURCES||l. I|||||
|Iocntuing resottrcesft out ge&terated|fintds||||||
|Voluntary
income:-|||||||
|Donations
gc Offerings|||41,603||41,603|29,655|
|Investment
income|||80||80|l,053|
|Incotning resources fiom Citaritahie|Activities||||||
|Member's
and Building funds|||550||550|1,555|
|Other incotning
resonrces|||||||
|HMRC Gift Aid Tax Reclaims|||11,170||11,170|8,306|
|TOTAL INCOMING RESOURCES|||53,403||53,403|40,569|
|RESOURCES EXPENDED||1.2|||||
|Costs ofgenerating
ftmds|||||||
|Costs ofgenerating
voluntary|income|3&4b|30,772||30,772|18,318|
|Cttari table Aca'vines||4(a)|9,471||9,471|9,303|
|Governance
Costs|||2,189||2,189|1,801|
|TOTAL RESOURCES EXPENDED|||42)432||42,432|29,422|
|NKT MOVEMENT IN FUNDS|||10,971||10&971|11,147|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought Forward||15|127,316||127,316|116,169|
|TOTAL FUNDS CARRIED FORWARD|||138,287||138,287|127,316|
||I' IF
B|VI|''.|pp
FT SA|I
3|T
f|RC|ntiST ip
02||
|---|---|---|---|---|---|---|---|---|---|
|||||||'~ct||2~02|2ll I|
|||||||||5||
||i&IX~FSS~K|||||'2.
'||1.594|2,1Ki|
||Tacsiblc FRIG Amen|||||||||
|;|,+CJkg&~f' .~5
!
&7 deb&a&c
Fined'I'mm
Iavcttmmm
' &Cmh'atbnckandiahiad|||||Ill|I;500
100&000
35.G57
~l37 457||:4,180
50,000
41,273
~l7,$451|
||;: &Fnaa CC~KDIT~Q|||||||||
||cAmmatt
fcUinS dec mithln onc|7&or||||Il|~763
'||~263|
||:Ã6'I'CORRIII7ASSR'I5|||||IS||l36,694|125,190|
||;::I'otal &Imtit'1445 IdabIUIRF|||||||138;207|I27476|
||'~OIIRF~RICTgR FuXRS
nihil
fimdt&|||||15|~I35207||127,31G|
||||||||~I302S7||127.316|
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|2|TANGIBLE FIXEDASSETS|M|||M
1||Total|
|---|---|---|---|---|---|---|---|
|||P*hl|1|t|t ~h&f h||2022|
||COSTS:|||||||
||Cost at 1stApril 2021|2000|||15,119|5,288|22,407|
||Additions
during
the year|||||||
||As at31stMarch
2022|2,000|||15,119|5,288|22407|
||DEPRECIATION:|||||||
||Depreciation
at 1stApril 2021|1,973|||13,393|4,915|20,281|
||Depreciation
charge for tbe year||7||432|93|532|
||As at 31stMarch 2022|1,980|||13,825|5,008|20,813|
||Net BookValue As at 31stMarch 2022||20||1,294|279|1,594|
||Net BookValue As at31stMarch 2021||27||1,726|373|2,126|
|3|COST OF GENERATING VOLUNTARY INCOME||||2022||2021|
||Printing, Postage and Stationety||||136||293|
||Premises Costs||||23,475||14,027|
||||||22 611||14,320|
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|4|CHARITABLE ACTIVITIES|2022|2021|
|---|---|---|---|
|[ia~fi i
do
I||||
||Printing, Media and Evangelism|3,982|5,210|
||Advert and Publicity|593|1,256|
||Pastoral Allowances|3,212|1,460|
||Gift to charities and visiting ministries|||
||Worship
Materials (Books, CDs &.DVDs)|334||
||Honorarium,
Love offering &gifts|1,350|1,377|
||Telephone,
Internet
and Webcosts|||
|||9,471|9,303|
|(b)|Members'
Wel are aad Su
ort costs:|||
||Travels and Motor Expenses|1,534|568|
||Hospitality,
Food and Refreslunents|3,328|153|
||Equipment
repairs and maintenance|1,096|617|
||Sundiy expenses|827|2,350|
||Health, Fire and Safety safeguards|376|310|
||Motor insurance
premiums|||
|||7,161|3,998|
|5|PREMISES COSTS|2022|2021|
||Rent, Rates and Seivice charges|21,483|12,317|
||Borough (Council's) Planning
Permission|1,460|1,000|
||Depreciation
charge|532|710|
|||23,475|14,027|
|6|GOVERNANCE COSTS|2022|2021|
|||f,||
||Independent
Exiuniner's
fee|250|250|
||Accountancy &Bookkeeping
charges|500|500|
||Legal &Professional
fees|1,396|1,038|
||Bank charges &conunission|30||
||Annual
returns fees|13|13|
|||2,189|1,801|
|7|NKT MOVEMENT IN FUNDS FOR THK YEAR|2022|2021|
||The net movement
in funds for the year is stated after charging:|||
||Depreciation oftangible fixed assets- for use by the charity||710|
||Independent
Examiner's
fee|250|250|
||Accountancy
&.Bookkeeping
charges|500|500|
##
||F|OR THE|Y|EARENDE|D 31STMAR|CH 2022||
|---|---|---|---|---|---|---|---|
|8|STAFF COSTS|||||2022|2021|
||||||||8|
||Wages &Salaries|||||||
||Social Security Costs|||||||
||No staff was employed
by the charity during the||||year|||
||No tinstee has received remuneration|||in the year.||||
||No expenses have been|reimbursed||to any ofthe|tmstees.|||
||No employees
whose emoluments||exceeded f60,000.|||||
|9|SUNDRY DEBTORS:|||||2022|2021|
||Sun&by Debtors||||||2,380|
||Rent security deposit|||||1,800|1,800|
|||||||1,800|4&180|
|10|FIXEDDEPOSIT INVESTMENT|||||2022|2021|
|||||||8||
||Lloyds Fixed Term Deposit Account|||||100,000|80,000|
|||||||ioo nno|80,000|
|11|CREDITORS: Amount|fallin|due within one||ear|2022|2021|
||Accruals|||||763|263|
|||||||763|263|
|13|RESTR|ICTED FUNDS|~Oenin|||Ne&v||Utilised|&||~CIosin|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Balance||Restriction|||Released|||Balance|
|||||8|||||8|Year 2022||
||Building|Funds||||||||||
||The Trustees has designated||funds for the puipose ofsecuring|anew church facility.||||||||
|14|ANALYSIS OF NET ASSETSBE&TWEEN FUNDS|||E~io||||C||||
||||||Motor|Van|Assets less|||Net Total||
|||||~YE&||2||El Olo '||Y|2222|
|15|UNRESTRICTED FUNDS:|||||||||||
||Qeneral|funds||||i,594||136,694|||138,287|
|||||||1,594||136)694|||138,287|
##
||||||2022||2021|
|---|---|---|---|---|---|---|---|
|INCOME||||||||
|Voluntary
Income|||||41,603||29,655|
|HMRC Charities Gift Aid Benefits|||||11,170||8,306|
|Missionary
and Members'
funds|||||550||1555|
|Building funds (Rental income)||||||||
|lnvesnnent
income|||||80||1053|
||||||53,403||40,569|
|LESS:EXPENDITURE||||||||
|Pretuises costs||||||||
|Rent, Rates &Setadce Charges||||21,483||12,317||
|Borough (Council's) Planning|Permission|||1,460||1,000||
|Depreciation
charge||||532||710||
||||||23,475||14,027|
|Piuance and Adutinistration||||||||
|Printing,
Postage and Stationery||||136||293||
|Bank charges &Corrunission||||30||||
|Annual
returns
fees||||13|179|13|306|
|M~ii
&&&«
I||||||||
|Printing, Media and Evangelism||||3,982||5,210||
|Advert and Publicity||||593||1,256||
|Pastoral
Allowances||||3,212||1,460||
|Gift to charities and visiting ministries||||||||
|Wo&ship Materials (Books, CDs/ DVDs)||||334||||
|Honorarium,
Love offeriug &donations||||1,350||1,377||
|Volunteers
and instrumentalists|||||9,471||9,303|
|Governance
costs and Pro essional||ees||||||
|Independent
examiners||||250||250||
|Accountancy
and beekeeping||||500||500||
|Professional
&Gift Aid Processing fees||||1,396|2,146|1,038|1,788|
|Mentbers'
IVel are and Su
ort costs||||||||
|Travels and Motor Expenses||||1,534||568||
|Hospitality,
Food and Refreshments||||3,328||153||
|Repairs and maintenance||||1,096||617||
|Members'
Welfare expenses||||827||2,350||
|Health, Fire and Safety Safeguards||||376||310||
|Motor insurance
premiums|||||7,161||3,998|
|TOTAL EXPENDITURE|||||42,432||29,422|
|Net Smplus for the current year|||||10,971||11,147|
|Accumulated
Smplus brought
fo&xvard|||||127,316||116,169|
|Accumulated
Surplus
cm ried|fomvard||||138&287||127&316|
|This page does not form part|ofthe|statutory|accounts|||||