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|Report ofThe|Trustees|||2-4|
|Independent|Examiner's|Report|||
|Statement
of|Financial|Activities|||
|Balance Sheet|||||
|Notes to the Financial Statements|||||
|Detailed Statement
of Financial|||Activities|10|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||Total|Total|
|||||Unrestricted|Fund|Fund|
||||Notes||||
|income Resources|||||||
|Incoming
Resources||From Generated|Funds||||
|Voluntary
Income|||1|293,598|293,598|314,444|
|Total Income Resources||||293,598|293,598|314,444|
|Resources Expended|||||||
|Charitable
Activities|||||||
|Physical &Spiritual||Need||287,765|287,765|257,884|
|Governance
Costs|||2|13,537|13,537|13,629|
|Total
Resources|Expended|||301,302|301,302|271,513|
|NET INCOMING|RESOURCES|||(7,704)|(7,704)|42,932|
|RECONCILATION||QF FUNDS|||||
|Total Funds
Balances b/fwd||||1681202|168,202|125,270|
|Total Funds Balances c/fwd||||169499|160,498|168,202|
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||||2021|2020|
|---|---|---|---|---|
||||Total|Total|
||||E||
|FIXED ASSETS|||||
|Leasehold
Improvements||20,792|20,792|20,792|
|Tangible
assets|4|26,983|26,983|28,632|
|CURRENT ASSETS|||||
|Debtors|5|18,000|18,000||
|Cash at bank and in hand||166,603|166,603|202,740|
|CREDITORS|||||
|Amounts
Falling Due within one Year|6|1,434||1,365|
|NET CURRENT ASSETS||183,169|183,169|201,375|
|TOTAL ASSETS LESSCURRENT|||||
|LIABILITIES||210,152|230,944|230,007|
|CREDITORS|||||
|Amounts
Falling Due after one Year|7|(70,445)|(70,445)|(61.806)|
|NET ASSETS||139.708|160,498|168,202|
|Unrestricted
Funds|||||
|Restricted
funds|||168,205|168,205|
|Unrestricted
Funds|||(7,707)|(3)|
|TOTAL FUNDS|||160,498|168,202|
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|||2021|2020|
|---|---|---|---|
|||E|E|
|Tithes 8Offering||195,878|201,243|
|Offering||34,402|30,670|
|Thanksgiving||8,420|11,351|
|Welfare|Fund|||
|Building|Fund|120||
|Other Income||11,810|1,698|
|Gift Aid|||15,528|
|Grant||42,862||
|Interest|Receivable|107|288|
|||293,599|260,778|
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||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
||Other
Grants||||||||42,969|288|
|2|Governance
Costs||||||||2021|2020|
||Accountancy||||||||650|650|
||Legal
fees||||||||12,887|12,979|
||||||||||13,537|13,629|
||for the
year ended|31 December||2021|||||||
||Trustees' expenses||||||||||
|3|Wages
and salaries||||||||111,736|92,949|
||Social
security costs||||||||11,764|9,273|
||||||||||123,500|102,222|
||The average
monthly|number|ofemployees
during||||the year|i|2021|2020|
||No employees
received emoluments|||in|excess|of|f60,000.||||
|4|Tangible
fixed assets||||||||||
|||||Hardware||Choir Iwusic|||Motor||
|||||Equipment
E||Equipmentf|||vehicles|Totalf|
||Cost||||||||||
||At
1 January 2021|||51,478|||85,490||43,'141|180,109|
||Additions||||||4,078|||4,078|
||At 31 December 2021|||51,478|||89,568||43,141|184,187|
||Depreciation||||||||||
||At
1 January 2021|||50,084|||58,252||43,141|151,477|
||Charge for the year||||279||5,448|||5,727|
||At 31 December 2021|||50,363|||63,700||43,141|157,204|
||Net book value||||||||||
||At 31 December 2021||||1,115||25,868|||26,983|
||At 31 December 2020||||1,394||27,238|||28632|
|5|Debtors: Amounts|Falling|Due within||one|year|||2021f|2020f|
||Other debtors||||||||18000||
|2021f|2020f|
|---|---|
|18,000||
|18,000||
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|6|Creditors:|amounts|amounts|falling due|falling due|within one year||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|f|
||Trade creditors|||||||650|650|
||Creditors|- Pension||||||784|715|
|||||||||1,434|1,365|
|7|Creditors:|amounts||falling due||after one year||2021|2020f|
||Creditors|-
PAYE||||||22,319|11,806|
||Creditors|- BBL||||||48,126|50,000|
|||||||||70,445|61,806|
|||||||||Net||
|||||||||Movement||
|8|Movement|in|Funds|||At|01 01 21|In Funds|At 31 12 21|
||||||||f|E|f|
||Unrestricted|funds||||||||
||General
fund||||||(3)|(7,704)|(7,707)|
||Building
Fund||||||168,205||168,205|
||TOTAL FUNDS||||||168,202|(7,704)|160,498|
||Net movement||in funds,||included|in the above are|as follows:|||
||||||||Incoming|Resources|Movement
in|
|||||||Resources||Expendedf|Funds
f.|
||Unrestricted||funds|||||||
||General fund||||||293,598|301,302|(7,704)|
||Building
Fund|||||||||
||Total Fund||||||293 598|301 302|(7,704)|
##
||||2021|2020|
|---|---|---|---|---|
|||Unrestricted|Total|Total|
||||Fund|Fund|
|INCOMING
RESOURCES|||||
|Tithes &Offering||195,878.33|195,878.33|201,243.00|
|Offering||34,401.71|34,401.71|30,670.00|
|Thanksgiving||8,419.65|8,419.65|11,351.00|
|Building fund||120.00|120.00||
|Other Income||11,809.87|11,809.87|1,698.00|
|Gift Aid||||15,528.00|
|Grant||42,861.51|42,861.51|53,666.00|
|Interest Receivable||106.63|106.63|288.00|
|Total Incoming
Resources||293,597.70|293597.70|314,444.00|
|RESOURCES EXPENDED|||||
|Charitable
Activities|||||
|Pastoral allowances|||||
|Members'
Training|and Welfare|2.649.00|2,649.00|6,750.00|
|Books &.Printing||1,675.00|1,675.00|472.00|
|Honorarium
&.volunteer||9,382.00|9,382.00|6,503.00|
|Bank Charges||1,278.00|1,278.00|2,276.00|
|Ministry
Expenses -|Mission|5,433.00|5,433.00|7,160,00|
|Advertising||||25.00|
|WEM &Central funding||35,750.00|35,750.00|35,715.00|
|Travelling
and subsistence||438.00|438.00|165.00|
|Printing,
postage &|stationery|753.00|753.00|3,485.00|
|Multimedia
Expenses||488.00|488.00|3,108.00|
|Church expenses||9,573.00|9,573.00|5,457.00|
|Evangelical/outreach|materials|2,980.00|2,980.00|4,898.00|
|Donation
&Gift||1,000.00|1,000.00||
|Telephone
and fax||4,589.00|4,589.00|3,819.00|
|||25,988.00|75,988.00|79,833.00|
|Governance
Costs|||||
|Accountancy
fees||650.00|650.00|650.00|
|Professional
charges||12,887.00|12,887.00|12,979.00|
|||13,537.00|13,537.00|13.629.00|
|Support
Costs Management||||
|---|---|---|---|
|Rent &rates|61,932.00|61,932.00|55,590.00|
|Light &heat|3,446.00|3,446.00|3,348.00|
|Insurance|6,372.00|6,372.00|3,215.00|
|Software &IT|203.00|203.00|315.00|
|Repairs 6 maintenance|4,936.00|4,936.00|82.00|
|Security - Service Charges|709.00|709.00|871.00|
|Building
Expenses|740.00|740.00|2,045.00|
|Cleaning|614.00|614.00|1,235.00|
|Motor expenses|1,201.00|1,201.00|709.00|
|Wages &salarie~|111,736.00|111,736.00|92,949.00|
|Social Security|11,764.00|11,764.00|9,273.00|
|Employers
Pension|2,398.00|2.398.00|2,242.00|
|Depreciation
charge|5.726.00|5,726.00|6.177.00|
||211,777.00|211,777.00|178,051.00|
|TOTAL RESOURCES EXPENDED|301302.00|301,302.00|271,513.00|
|NET INCOME|7,704.30 -|7,704.30|42,931.00|