| Page | ||||
|---|---|---|---|---|
| Report ofThe | Trustees | 2-4 | ||
| Independent | Examiner's | Report | ||
| Statement of |
Financial | Activities | ||
| Balance Sheet | ||||
| Notes to the Financial Statements | 8-9 | |||
| Detailed Statement of Financial |
Activities | 10 |
| Statement of Financial Activities |
|||||
|---|---|---|---|---|---|
| For The Year Ended 31st December, | 2020 | ||||
| 2020 | 2019 | ||||
| Total | Total | ||||
| Unrestricted | Fund | Fund | |||
| Income Resources | |||||
| Incoming Resources From Generated |
Funds | ||||
| Voluntary Income Total Income Resources |
I | 314,444 314,444 |
314,444 514444 |
265,178 265176 |
|
| Resources Expended | |||||
| Charitable Activities |
|||||
| Physical 6 Spiritual Need Governance Costs |
2 | 257,884 13,629 |
257,884 13,629 |
248,773 9.780 |
|
| Total Resources Expended |
271.513 | 271.513 | 258,553 | ||
| NET INCOMING RESOURCES |
42.931 | 42,931 | 6,626 | ||
| RECONCILATION OF FUNDS |
|||||
| Total Funds Balances b/fwd |
125,271 | 125,271 | 118.645 | ||
| Total Funds Balances cffwd | 168,202 | 166.202 | 125271 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Notes | Total | Total | ||
| E | E | |||
| FIXED ASSETS | ||||
| Tangible assets |
28,632 | 28,632 | 30.884 | |
| CURRENT ASSETS | ||||
| Cash at bank and in hand | 202,740 | 202,740 | 95,796 | |
| CREDITORS | ||||
| Amounts Falling Due within one Year |
5 | 1,365 | 1,365 | 1,409 |
| NET CURRENT ASSETS | 201,375 | 201,375 | 94,387 | |
| TOTAL ASSETS LESSCURRENT | ||||
| LIABILITIES | 230,007 | 230,007 | 125,271 | |
| CREDITORS | ||||
| Amounts Falling Due after one Year |
6 | (61,806) | (61,806) | |
| NET ASSETS | 168,202 | 168,202 | 125,271 | |
| Unrestricted Funds |
||||
| Restricted funds |
168.205 | 168,205 | ||
| Unrestricted Funds |
(3) | (42,934) | ||
| TOTAL FUNDS | 168,202 | 125,271 |
| Voluntary Income |
||
|---|---|---|
| 2020 | 2019 | |
| f | ||
| Tithes Offering Thanksgiving Welfare Fund Building Fund Other Income Gift Aid Grant Interest Receivable |
201,243 30,670 11,351 1,698 15,528 53,666 288 |
173,243 43,522 18,487 393 2,314 9,479 17,352 389 |
| 314,444 | 265,179 | |
| 2020 | 2019 | |
| Other Grants |
53,954 |
| 2 | Governance Costs |
2020 | 2019 | |||
|---|---|---|---|---|---|---|
| Accountancy Professional Fees |
650 12,979 |
650 9,130 |
||||
| 13,629 | 9,780 | |||||
| 3 | Wages and salaries Social security costs |
f 92,949 9,273 |
f 82,941 7,895 |
|||
| 102,222 | 90,836 | |||||
| 4 | Tangible fixed assets | |||||
| Hardware | Choir Music | Motor | ||||
| Cast | Equipmentf | Equipmentf | vehiclesf | Totalf | ||
| At 1 January 2020 Additions |
50,528 950 |
82,515 2,975 |
43,141 | 176,184 3,925 |
||
| At 31 December 2020 | 51,478 | 85,490 | 43,141 | 180,109 | ||
| Depreciation | ||||||
| At 1January 2020 Charge for the year |
49,973 111 |
52,186 6,066 |
43,141 | 145,300 6,177 |
||
| At 31 December 2020 | 50,084 | 58,252 | 43,141 | 151477 | ||
| Net book value | ||||||
| At 31 December 2020 | 1,394 | 27,238 | 28,632 | |||
| At 31 December 2019 | 555 | 30,329 | 30,884 | |||
| 5 | Creditors: amounts Trade creditors Creditors —Pension |
falling due within one year | 2020 650 715 |
2019f 650 759 |
||
| 1,365 | 1,409 | |||||
| 6 | Creditors: amounts Creditors - PAYE Creditors - BBL |
falling due after one year | 2020f 11,806 50,000 |
2019f | ||
| 61,806 |
| Net | ||||||
|---|---|---|---|---|---|---|
| 7 | Movement in |
Funds | At 01 01 20 | Movement In Funds |
At 31 1220 | |
| Unrestricted funds |
E | f | f | |||
| General fund Building Fund TOTAL FUNDS |
(42,934) 168,205 125,271 |
42,931 42,931 |
(3) 168,205 168,202 |
|||
| Net movement | in funds, | included | in the above are as follows: | |||
| Incoming | Resources | Movement in |
||||
| Unrestricted | funds | Resources f |
Expended | Funds f |
||
| General fund Building Fund |
314,444 | 271,513 | 42,931 | |||
| Total Fund | 314,444 | 271,513 | 42,931 |
| For The Year Ended 31stDecember, 20 |
20 | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Unrestricted | Total | Total | |
| INCOMING RESOURCES |
Fundf | Fundf | |
| Tithes Offering Thanksgiving Welfare Building fund Other Income Gift Aid Grant |
201,243.30 30,669.82 11,351.08 1,698.00 15,527.63 53,666.34 |
201,243.30 30,669.82 11,351.08 1,698.00 15,527.63 53,666.34 |
173,242.82 43,521.77 18,486.84 393.00 2,314.20 9,479.00 17,351.55 |
| Interest Receivable Total Incoming Resources |
287.56 314,443.73 |
287.56 314.443.73 |
389,26 265,178.44 |
| RESOURCES EXPENDED | |||
| Charitable Activities |
|||
| Pastoral allowances | |||
| Members' Training and Welfare |
6,750.00 | 6,750.00 | 31.00 |
| Books &Printing | 472.00 | 472.00 | 1,051.00 |
| Honorarium 6 volunteer |
6,503.00 | 6,503.00 | 11,500.00 |
| Bank Charges | 2,276.00 | 2.276.00 | 3,300.00 |
| Ministry Expenses —Mission |
7,160.00 | 7,160.00 | 2,552.00 |
| Advertising | 25.00 | 25.00 | 75.00 |
| WEM &Central funding |
35,715.00 | 35,715.00 | 27,800.00 |
| Travelling and subsistence |
165.00 | 165.00 | 695.00 |
| Printing, postage &stationery Multimedia Expenses |
3,485.00 3.108.00 |
3.485.00 3,108.00 |
3,014.00 1,791.00 |
| Church expenses | 5,457.00 | 5,457.00 | 3,869.00 |
| Evangelical/outreach materials |
4,898.00 | 4,898.00 | 13,472.00 |
| Donation &Gift |
430.00 | ||
| Telephone and fax |
3,819.00 | 3,819.00 | 4,215.00 |
| 79,833.00 | 79,833.00 | 73795.00 | |
| Covernance Costs |
|||
| Accountancy fees |
650.00 | 650.00 | 650.00 |
| Professional Fees |
12,979.00 | 12,979.00 | 9,130.00 |
| 13,629.00 | 13.629.00 | 9,780.00 |
| Support Costs Management |
|||
|---|---|---|---|
| Rent &rates Light &heat insurance Equipment Hire Repairs &maintenance Security - Service Charges Building Expenses Cleaning Motor expenses Wages &.salaries Social Security Employers Pension Depreciation charge |
55,590.00 3,348.00 3,215.00 315.00 82.00 871.00 2,045.00 1,235.00 709.00 92,949.00 9,273.00 2,242.00 6,177.00 |
55,590.00 3,348.00 3,215.00 315.00 82.00 871.00 2,045.00 1,235.00 709.00 92,949.00 9,273.00 2,242.00 6,177.00 |
58,038.00 3.553.00 3,827.00 1,093.00 1,116.00 1,962.00 3,388.00 251.00 859.00 82,941.00 7,895.00 1,754.00 8,301.00 |
| 178,051.00 | 178.051.00 | 174.978.00 | |
| TOTAL RESOURCES EXPENDED | 271,513.00 | 271,513.00 | 258,553.00 |
| NET INCOME | 42,930.73 | 42,930.73 | 6.625.44 |