Charity Registration Number 1143503 ## **Kent Foursquare Gospel Church** ## **Report and Financial Statements** **30 September 2022** ## **Kent Foursquare Gospel Church** ## **Reference and administrative details** **For the year end September 2022** **Status** Kent Foursquare Church is an unincorporated organisation registered with the Charity Commission It is an affiliation of Foursquare Church Great Britain **Governing document** The organization was constituted under the declaration of Trust Deed dated 15 August 2011. **Address** 22 Ship Lane, Sutton at Hone, Dartford DA4 9EF **Charity number** 1143503 **Trustees** Rev Akeem Akinwunmi Andrew Adevemi Pastor Olufemi B Lawani Pastor (Mrs) Olufunmilayo Yetunde Adeyemi Rev Elkanah Oluyinka Oluwagbesan **Bankers** LLOYDS BANK ## **Independent Examiner** Olugbenga Coker PhD FCCA FCA 1 Holmdale Road, Chislehurst BR6BY Kent ## **Foursquare Gospel Church** ## **Report of the Board of Trustees for the year ended 30 September 2022** ## **Introduction** Kent Foursquare Gospel Church U. K is an unincorporated organisation registered with the Charity Commission I1143503] constituted under the declaration of Trust Deed dated 15 August 2011. It is an affiliation of Foursquare Church Great Britain with the head office now in Luton, Bedfordshire. The aim of the Charity is to propagate the gospel of Jesus Christ in Kent and the surrounding areas. Kent Foursquare Gospel Church U. K as a local church under Foursquare Church Great Britain is accountable to the National Leader at the head office. The church is governed at the local level by the Board of Trustees that is responsible for policies, strategies, activities and for setting out the administrative structure for running the Charity. There is also a Church Council that co-ordinates all the Spiritual and Administrative activities in the Church. ## **Current activities and programmes** The year 1 October 2021 to 30 September 2022 witnessed the continued growth of the Church. Following the move to our new Church building, we continued our physical worship gathering while also maintaining our online services. We continued our other activities towards achieving our objectives in the areas of outreach, evangelism, and mission. We conducted our weekly Sunday service and Wednesday Bible study on site and online. We also held daily prayer meetings online. Our Church’s Annual Convocation, Christmas Carols, Easter Service, Watchnight Service etc were held on-site and online. ## **Achievements and challenges** The Board of Trustees and the Church Council continue to meet regularly to plan and organise the programs and activities of the Church and make decisions on important issues. We appointed more pastors to assist in working towards the achievement of our mission. As part our duty to the community, we conduct fellowship and services on quarterly basis with the elderly at Eglantine Villa Care Home, Horton Kirby. We provide our church premises for regular use of the local councillors for community meetings for free. ## **Future projections** Our main aim is to continue to work towards the achievement of our objective of propagating the gospel and providing material and spiritual support to the needy. Our plan is to continue with the online method to carry out activities and programmes that support our objectives and combine that with onsite gatherings. We aim to reach out to more communities and establish branches in Ashford and Southampton in the second quarter of 2023. We will also continue to work collaboratively with other Churches in the Community of Sutton-at-Hone, Hawley, Swanley and other villages within Dartford on evangelism and welfare activities. In collaboration with the Darent Valley Benefice and The Meeting Place at Sutton-at-Hone, we shall continue to fund the Christmas and Easter Secret Parcels/Gifts to the Elderly, Youth and Needy within the Community. ## **Financial review** During the year under review, Kent Foursquare Church received income of £120,129 about 37% increase from the income in the previous year (2021: £87,708). This was mainly because of increased membership and increased donation from members as we expand our outreach following the purchase of our permanent place of worship. The charity's overall expenditure in 2022 amounted to £91,558 a significant increase from the previous year’s (2021: £36,063). This was due mainly to mortgage interest payments and the cost of maintenance of our new building- cost we didn’t incur in the previous year as the premises was purchased towards the end of the year. We have increased our monthly mortgage payments to £1,500 for quicker liquidation of the principal balance to bring down the mortgage interest cost. The operating surplus for the year was £28,571 a decrease of 45% from the surplus of £51,645 in the previous year. ## **Reserves** The Board of Trustees considers that there are sufficient reserves held at the year end to mitigate any downturn in future income. The total unrestricted reserves at the yearend was £130,257 (2021: £101,686). Trustees consider that the charity has adequate resources to continue in operation for the foreseeable future. ## **Statement of Trustees' responsibilities** The Trustees are responsible for preparing the report and the financial statements in accordance with the requirements of the Charity Commission in England and Wales. We have prepared the financial statements for the year 2021/22 which give a true and fair view of the state of affairs of the charity, the incoming resources and application of resources, including the income and expenditure, of the charity. In preparing these financial statements we have selected suitable accounting policies and applied them consistently; made judgements and estimates that are reasonable and prudent; stated whether applicable UK Accounting Standards have been followed; prepared the financial statements on the going concern basis. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Independent examiner** The Trustees have re-appointed Dr Olugbenga Coker as Independent Examiner. He has agreed to continue to act in voluntary capacity. Approved by the Board of Trustees on 12 January 2023 and signed on its behalf by Akeem Akinwunmi A. ADEYEMI Minister In-Charge & Chairman Board of Trustees ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees/ members of** Charity Name **Kent Foursquare Gospel Church** 30 September 2022 **Charity** 1143503 **On accounts for the no (if year ended any) Set out on pages** 1 -15 The charity's trustees are responsible for the preparation of the accounts in **Respective** accordance with the Charities Act 2011 (“the Act”). **responsibilities of trustees and examiner** The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to: • examine the accounts under section 145 of the Charities Act, • to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and • to state whether particular matters have come to my attention **Basis of independent** My examination was carried out in accordance with general Directions given **examiner’s statement** by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. **Independent examiner's** In connection with my examination, no material matters have come to my **statement** attention which gives me cause to believe that in, any material respect: - to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - • the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. **Date:** 12 January 2023 **Signed: Name:** Olugbenga Coker **Relevant professional** FCCA **qualification(s) or body Address:** 1 Holmdale Road, Chislehurst BR7 6BY ||**Kent Foursquare Gospel Church**|**Kent Foursquare Gospel Church**|**Kent Foursquare Gospel Church**|**Kent Foursquare Gospel Church**|**1143503**||| |---|---|---|---|---|---|---|---| ||Annual accounts for the period||||||| ||Period start date||**01-Oct-21**|**To**|Period end
date|**30-Sep-22**|| ||||||||| |**Section A**|**Statement of financial activities**||||||| |**Recommended categories by**
**activity**||Guidance Notes|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**|**Prior year**
**funds**| ||||**£**|**£**|**£**|**£**|**£**| |**Incoming resources (Note 3)**|||F01|F02|F03|F04|F05| |**Income and endowments from:**|||||||| |Donations and legacies||S01|119,706|350|-|120,056|87,701| |Charitable activities||S02||-|-|-|-| |Other trading activities||S03|-|-|-|-|-| |Investments||S04|72|||72|6| |Separate material item of income||S05|-|-|-|-|-| |Other||S06|-|-|-|-|-| |**_Total_**||S07|119,779|350|-|120,129|87,708| |**Resources expended (Note 6)**|||||||| |**Expenditure on:**|||||||| |Raising funds||S08||-|-|-|-| |Charitable activities||S09|91,058|500|-|91,558|36,063| |Separate material item of expense||S10|-|-|-|-|-| |Other||S11|-|-|-|-|-| |**_Total_**||S12|91,058|500|-|91,558|36,063| ||||||||| |**Net income/(expenditure) before**
**gains/(losses)**|**investment**|S13|28,721|150
-|-|28,571|51,645| |Net gains/(losses) on investments||S14|-|-|-|-|-| |**Net income/(expenditure)**||S15|28,721|150
-|-|28,571|51,645| |**Extraordinary items**||S16|-|-|-|-|-| |**Transfers between funds**||S17|150
-|150|-|-|-| |**Other recognised** **gains/(losses):**|||||||| |Gains and losses on revaluation of fixed assets for the charity’s own use||S18|-|-|-|-|-| |Other gains/(losses)||S19|-|-|-|-|-| |**_Net movement in funds_**||S20|28,571|-|-|28,571|51,645| ||||||||| |**_Reconciliation of funds:_**|||||||| |Total funds brought forward||S21|101,686|-|-|101,686|50,041| |**_Total funds carried forward_**||S22|130,257|-|-|130,257|101,686| ## **Section B Balance sheet** ||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total this**
**year**|**Total prior**
**year**| |---|---|---|---|---|---|---| |||**£**|**£**|**£**|**£**|**£**| |**Fixed assets**||F01|F02|F03|F04|F04| |**Intangible assets(Note 15)**|B01|-|-|-|-|-| |**Tangible assets(Note 14)**|B02|283,555|-|-|283,555|282,574| |**Heritage assets(Note 16)**|B03|-|-|-|-|-| |**Investments(Note 17)**|B04|15,000|-|-|15,000|-| |**_Total fixed assets_**|B05|298,555|-|-|298,555|282,574| |**Current assets**||||||| |**Stocks(Note 18)**|B06|-|-|-|-|-| |**Debtors(Note 19)**|B07|-|-|-|-|700| |**Investments(Note 17.4)**|B08|-|-|-|-|-| |**Cash at bank and in hand(Note 24)**|B09|11,312|-|-|11,312|16,011| |**_Total current assets_**|B10|11,312|-|-|11,312|16,711| |||||||| |**Creditors: amounts falling due within**
**one year(Note 20)**|B11|353|-|-|353|1,830| |||||||| |**_Net current assets/(liabilities)_**|B12|10,959|-|-|10,959|14,881| |||||||| |**_Total assets less current liabilities_**|B13|309,514|-|**-**|309,514|297,455| |||||||| |**Creditors: amounts falling due after**
**one year(Note 20)**|B14|179,257|-|-|179,257|195,769| |**Provisions for liabilities**|B15|-|-|-|-|-| |||||||| |**_Total net assets or liabilities_**|B16|130,257|-|-|130,257|101,686| |**Funds of the Charity**||||||| |**Endowment funds (Note 27)**|B17|-|||-|-| |**Restricted income funds (Note 27)**|B18||-||-|-| |**Unrestricted funds**|B19|130,257||-|130,257|101,686| |**Revaluation reserve**|B20||||-|-| |**_Total funds_**|B21|130,257|-|-|130,257|101,686| |||||||| |Signed by one or two trustees on behalf of all
the trustees||Signature||Print|Name|Date of
approval
dd/mm/yyyy| |||||Rev Akeem Adeyemi||12/01/2023| |||||||| |**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|| |---|---|---|---|---|---|---| |||||||| |Note 1**Basis ofpreparation**||||||| |||||||| |**_This section should be completed by all charities_**_._||||||| |**1.1 Basis of accounting**||||||| |These accounts have been prepared under the historical cost convention with items recognised at cost or
transaction value unless otherwise stated in the relevant note(s)to these accounts.||||||| |The accounts have beenprepared in accordance with:||||||| |• and with*|✓|the Statement of Recommended Practice: Accounting and Reporting by Charities
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014||||| |• and with*|✓|the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)||||| |• and with the Charities Act 2011.||||||| |||||||| |The charity constitutes a public benefit entity as defined by
FRS 102.*|||||✓
|| |* -Tick as appropriate||||||| |**1.2 Going concern**||||||| |**_If there are material uncertainties related to events or conditions that cast significant doubt on the_**
**_charity's ability to continue as a going concern, please provide the following details or state "Not_**
**_applicable", if appropriate:_**||||||| |An explanation as to those factors that
support the conclusion that the charity is a
going concern;||||||| |Disclosure of any uncertainties that make
the going concern assumption doubtful;||||_Not Applicable_||| |Where accounts are not prepared on a
going concern basis, please disclose this
fact together with the basis on which the
trustees prepared the accounts and the
reason why the charity is not regarded as a
going concern.||||_Not Applicable_||| |**1.3 Change of accounting policy**||||||| |The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.||||||| |Yes*|✓|* -Tick as appropriate||||| |No*|✓|||||| |||||||| |**_Please disclose:_**||||||| |**_(i) the nature of the change in accounting policy;_**|||||_Not Applicable_|| |**_(ii) the reasons why applying the new accounting_**
**_policy provides more reliable and more relevant_**
**_information; and_**|||||_Not Applicable_|| |**_(iii) the amount of the adjustment for each line_**
**_affected in the current period, each prior period_**
**_presented and the aggregate amount of the_**
**_adjustment relating to periods before those_**
**_presented, 3.44 FRS 102 SORP._**|||||_Not Applicable_|| |||||||| |**1.4 Changes to accounting estimates**||||||| |No changes to accountingestimates have occurred in the reporting period (3.46 FRS 102 SORP).||||||| |Yes*|✓|* -Tick as appropriate||||| |No*||||||| |**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**|| |---|---|---|---|---|---|---|---| ||||||||| |**Note 2 Accounting policies**|||||||| |**2.2 INCOME**|||||||| |_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". W_
_different or additional policy has been adopted then this is detailed in the box below._||||_here a_|||| ||||||||| |**Recognition of income**|These areincludedinthe Statement of Financial Activities (SoFA)when:||||||| ||• the charity becomes entitled to theresources;||||||| ||· itismorelikely than not that the trusteeswill receive theresources; and||||Yes|No|N/a| ||• themonetaryvalue canbemeasuredwithsufficientreliability.||||✓||| |**Offsetting**|There has been no offsetting of assets and liabilities, or income and expenses, unless
required orpermitted bythe FRS 102 SORP or FRS 102.||||Yes|No|N/a| ||||||✓||| |**Grants and donations**|Grants and donations are only included in the SoFA when the general income
recognition criteria are met(5.10 to 5.12 FRS102 SORP).||||Yes|No|N/a| ||||||✓||| ||In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to
the grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).||||Yes|No|N/a| ||||||||✓| |**Legacies**|Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets
in the estate and any conditions attached to the legacy are either within the control of
the charity or have been met.||||Yes|No|N/a| ||||||||✓| |**Government grants**|The charity has received government grants in the reporting period||||Yes|No|N/a| |||||||✓|| |**Tax reclaims on**
**donations and gifts**|Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that
gift and is treated as an addition to the same fund as the initial donation unless the
donor or the terms of the appeal have specified otherwise.||||Yes|No|N/a| ||||||✓||| |**Contractual income and**
**performance related**
**grants**|This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.||||Yes|No|N/a| ||||||||✓| |**Donated goods**|Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.||||Yes|No|N/a| ||||||✓||| ||The cost of any stock of goods donated for distribution to beneficiaries is deemed to
be the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are
recognised as an expense at the carryingamount of the stocks at distribution.||||Yes|No|N/a| ||||||✓||| ||Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from
other tradingactivities'.||||Yes|No|N/a| ||||||||✓| ||Goods donated for on-going use by the charity are recognised as tangible fixed
assets and included in the SoFA as incomingresources when receivable.||||Yes|No|N/a| ||||||✓||| ||Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.||||Yes|No|N/a| ||||||✓||| |**Donated services and**
**facilities**|Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.||||Yes|No|N/a| ||||||||✓| ||Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
headingin the SOFA.||||Yes|No|N/a| ||||||||✓| |**Support costs**|The charity has incurred expenditure on support costs.||||Yes|No|N/a| ||||||✓||| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.||||Yes|No|N/a| ||||||✓||| |**Income from interest,**
**royalties and dividends**|This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.||||Yes|No|N/a| ||||||✓||| |**Income from**
**membership**
**subscriptions**|Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.||||Yes|No|N/a| ||||||||✓| ||Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.||||Yes|No|N/a| ||||||||✓| |**Settlement of insurance**
**claims**|Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.||||Yes|No|N/a| ||||||✓||| |**Investment gains and**
**losses**|This includes any realised or unrealised gains or losses on the sale of investments
and any gain or loss resulting from revaluing investments to market value at the end of
theyear.||||Yes|No|N/a| ||||||||✓| |**2.3 EXPENDITURE AND LIABILITIES**|**2.3 EXPENDITURE AND LIABILITIES**|**2.3 EXPENDITURE AND LIABILITIES**|**2.3 EXPENDITURE AND LIABILITIES**||||| |---|---|---|---|---|---|---|---| |**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.||||Yes|No|N/a| ||||||✓||| |**Governance and**
**support costs**|Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.||||Yes|No|N/a| ||||||✓||| ||Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property
costs by floor areas, or per capita, staff costs by the time spent and other costs by
their usage.||||Yes|No|N/a| ||||||✓||| |**Grants with performance**
**conditions**|
Where the charity gives a grant with conditions for its payment being a specific level
of service or output to be provided, such grants are only recognised in the SoFA once
the recipient of the grant has provided the specified service or output.||||Yes|No|N/a| ||||||||✓| |**Grants payable without**
**performance conditions**|Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.||||Yes|No|N/a| ||||||||✓| |**Redundancy cost**|The charity made no redundancy payments during the reporting period.||||Yes|No|N/a| ||||||✓||| |**Deferred income**|No material item of deferred income has been included in the accounts.||||Yes|No|N/a| ||||||✓||| |**Creditors**|The charity has creditors which are measured at settlement amounts less any trade
discounts||||Yes|No|N/a| ||||||✓||| |**Provisions for liabilities**|A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date||||Yes|No|N/a| ||||||✓||| |**Basic financial**
**instruments**|The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs
11.17to11.19,FRS102SORP.||||Yes|No|N/a| ||||||||✓| |**2.4 ASSETS**|||||||| |**Tangible fixed assets for**
**use by charity**|These are capitalised if they can be used for more than one year, and cost at least|||500|||| ||They are valued at cost.||||Yes|No|N/a| ||||||✓||| ||The depreciation rates and methods used are disclosed in note 9.2.||||||| |**Intangible fixed assets**|The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through
custody or legal rights. The amortisation rates and methods used are disclosed in
note 9.5||||Yes|No|N/a| ||||||||✓| ||They are valued at cost.||||Yes|No|N/a| ||||||||✓| |**Heritage assets**|The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The
depreciation rates and methods used as disclosed in note 9.6.1.4.||||Yes|No|N/a| ||||||||✓| ||||||Yes|No|N/a| ||They are valued at cost.||||||✓| |**Investments**|Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the
year end. The same treatment is applied to unlisted investments unless fair value
cannot bemeasuredreliablyin whichcaseitismeasured at costlessimpairment.||||Yes|No|N/a| ||||||||✓| ||Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments||||Yes|No|N/a| ||||||||✓| |**Stocks and work in**
**progress**|Stocks held for sale as part of non-charitable trade are measured at the lower or cost
realisable value.|||or net|Yes|No|N/a| ||||||||✓| ||Goods or services provided as part of a charitable activity are measured at net realisab
value based on the service potential provided by items of stock.|||le|Yes|No|N/a| ||||||||✓| ||Work in progress is valued at cost less any foreseeable loss that is likely to occur on
contract.|||the|Yes|No|N/a| ||||||||✓| |**Debtors**|Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity.
Subsequently, they are measured at the cash or other consideration expected to be
received.||||Yes|No|N/a| ||||||✓||| |**Current asset**
**investments**|The charity has has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit
and cash equivalents with a maturity date of less than one year held for investment purposes
rather than to meet short term cash commitments as they fall due.||||Yes|No|N/a| ||||||||✓| ||||||Yes|No|N/a| ||They are valued at fair value except where they qualify as basic financial instruments.||||✓|✓|✓| ||||||||| **Section C Notes to the accounts (cont)** ||||||||| |---|---|---|---|---|---|---|---| |**Note 3**|**Analysis of income**||||||| ||**Analysis**|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|
**Total funds**|**Prior year**|| ||||||**£**|**£**|| |**Donations**
**and legacies:**|Donations and gifts|104,963|350|-|105,313|69,305|| ||GiftAid|14,743|-|-|14,743|18,396|| ||Legacies|-|-|-|-|-|| ||General grants provided by government/other
charities|-|-|-|-|-|| ||Membership subscriptions and sponsorships
whichareinsubstance donations|-|-|-|-|-|| ||Donated goods,facilities and services|-|-|-|-|-|| ||Other||-|-|-|-|| ||**Total**|119,706|350|-|120,056|87,701|| ||||||||| |**Charitable**
**activities:**||-|-|-|-|-|| |||-|-|-|-|-|| ||Other|-|-|-|-|-|| ||**Total**|-|-|-|-|-|| ||||||||| |**Other trading**
**activities:**||-|-|-|-|-|| |||-|-|-|-|-|| |||-|-|-|-|-|| ||Other|-|-|-|-|-|| ||**Total**|-|-|-|-|-|| ||||||||| |**Income from**
**investments:**|Interestincome|1|-|-|1|6|| ||Dividendincome-GSK&Haleon|72|-|-|72|-|| ||Rentalandleasingincome|-|-|-|-|-|| ||Other|-|-|-|-|-|| ||**Total**|72|-|-|72|6|| ||||||||| |**Separate**
**material item**
**of income:**||-|-|-|-|-|| |||-|-|-|-|-|| ||Insurance claim-Van|-|-|-|-|-|| ||**Total**|-|-|-|-|-|| ||||||||| |**Other:**|Conversionofendowmentfundsintoincome|-|-|-|-|-|| ||Gain on disposal of a tangible fixed asset held
forcharity's ownuse|-|-|-|-|-|| ||Gain on disposal of a programme related
investment|-|-|-|-|-|| ||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-|| ||Other|-|-|-|-|-|| ||**Total**|-|-|-|-|-|| ||||||||| |**TOTAL INCOME**||119,779|350|-|120,129|87,708|| ||||||||| |**Other information:**|||||||| ||||||||| |**All income in the prior year was unrestricted except for: (please**
**provide description and amounts)**|||||||| ||||||||| |**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**|||||||| ||||||||| |**Within the income items above the following items are material:**
**(please disclose the nature, amount and any prior year**
**amounts)**|||||||| **Section C Notes to the accounts (cont)** ||||||||| |---|---|---|---|---|---|---|---| |**Note 6 Analysis of expenditure**|||||||| ||**Analysis**||**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|
**Total funds**|**Prior year**| |||||||**£**|**£**| |**Expenditure on raising funds:**|Incurred seeking donations||-|-|-|-|-| ||Incurred seeking legacies||-|-|-|-|-| ||Incurred seeking grants||||||| ||Operating membership schemes
and social lotteries||||||| ||Staging fundraising events||||||| ||Fudraising agents||||||| ||Operating charity shops||||||| ||Operating a trading company
undertaking non-charitable trading
activity||||||| ||Advertising, marketing, direct mail
and publicity||-|-|-|-|-| ||
Start up costs incurred in
generating new source of future
||-|-|-|-|-| ||~~i~~
Database development costs||-|-|-|-|-| ||Other trading activities||||||| ||Investment management costs:||-|-|-|-|| ||Portfolio management costs||-|-|-|-|-| ||
Cost of obtaining investment
advice||-|-|-|-|-| ||Investment administration costs||-|-|-|-|-| ||Intellectual property licencing
costs||-|-|-|-|-| ||Rent collection, property repairs
and maintenance charges||-|-|-|-|-| ||**Total expenditure on raising**
**funds**||-|-|-|-|-| ||||||||| |**Expenditure on charitable activities**|||91,058|-|-|91,058|36,063| ||||-|-|-|-|-| ||||-|-|-|-|-| ||||-|-|-|-|-| ||**Total expenditure on charitable**
**activities**||91,058|-|-|91,058|36,063| ||||||||| |**Separate material item of expense**|||-|-|-|-|-| ||||-|-|-|-|-| ||||-|-|-|-|-| ||||-|-|-|-|-| ||**Total**||-|-|-|-|-| ||||||||| |**Other**|||||||| ||||-|-|-|-|-| ||||-|-|-|-|-| ||||-|-|-|-|-| ||||-|-|-|-|-| ||||-|-|-|-|-| ||**Total other expenditure**||-|-|-|-|-| ||||||||| |**TOTAL EXPENDITURE**|||91,058|-|-|91,058|36,063| ||||||||| ||||||||| |**Other information:**|||||||| ||||||||| |**Analysis of expenditure on charitabl**|**e activities**||||||| ||||||||| |**Activity or programme**|**Activities u**|**ndertaken directly**||**Grant**
**funding**
**of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**_Total_**
**_prior year_**| |||**£**||**£**|**£**|**£**|**£**| |Benevolence and welfare||5,044||||5,044|4,757| |Evangelism and Mission inc depcn||10,821||||10,821|23,763| |Salaries-Pastors|||34,583|||34,583|| |Conference Expenses|||2,441|||2,441|3,001| |Administrative expenses|||6,018|||6,018|4,541| |Mortgage interest|||14,979|||14,979|| |Loan interest|||251|||251|| |Church repair|||13,759|||13,759|| |Depreciation|||2,713|||2,713|| |Youth Programmes, Training & Activi|ties||450|||450|| ||||||||| |**Total**|||||-|91,058|36,063| ||||||||| |**Prior year expenditure on charitable a**
**analysed as follows:**|**ctivities can be**||||||| ||||||||| |**Within the expenditure items above th**
**are material: (please disclose the natu**
**prior year amounts)**|**e following items**
**re, amount and any**||||||| ## **Section C Notes to the accounts (cont)** |||||||| |---|---|---|---|---|---|---| |**Note 14**|**Tangible fixed assets**|||||| |**_Please complete this_**|**_note if the charity has any tangible fixed assets_**|||||| |**14.1 Cost or valuation**||||||| ||**Freehold land**
**& buildings**|**Other land &**
**buildings**|**Plant,**
**machinery and**
**motor vehicles**|
**Fixtures,**
**fittings and**
**equipment**|**Total**|| ||**£**|**£**|**£**|**£**|**£**|| |At the beginning of the
year|280,000|11,124|8,140|1,000|300,264|| |Additions||3,694|||3,694|| |Revaluations|-||||-|| |Disposals|-||||-|| |Transfers *|-|-|-|-|-|| |At end of the year|280,000|14,818|8,140|1,000|303,958|| |**14.2 Depreciation and**|**impairments**|||||| |****Basis**|SL|SL|SL|SL|SL|Straight Line
("SL") or
Reducing
Balance
("RB")| |**** Rate**||20%|25%|20%||| |||||||| |At beginning of the
year|-|9,350|8,140|200|17,690|| |Disposals|-||||-|| |Depreciation|-|2,513|-|200|2,713|| |Impairment|-|-|-|-|-|| |Transfers*|-|-|-|-|-|| |At end of the year|-|11,863|8,140|400|20,403|| |||||||| |**14.3 Net book value**||||||| |Net book value at the
beginning of the year|280,000|1,774|-|800|282,574|| |Net book value at the
end of the year|280,000|2,955|-|600|283,555|| |||||||| |**14.4 Impairment**||||||| |**_Please provide a description of the events and_**
**_circumstances that led to the recognition or_**
**_reversal of an impairment loss._**||||||| |||||||| |**14.5 Revaluation**||||||| |**_If an accounting policy of revaluation is adopted, please provide:_**||||||| |
**_the effective date of the revaluation_**||||||| |**_the name of independent valuer, if applicable_**||||||| |**_the methods applied and significant_**
**_assumptions_**||||||| |**_the carrying amount that would have been_**
**_recognised had the assets been carried under_**
**_the cost model._**||||||| |||||||| |**14.6 Other disclosures**||||||| |**_(i) Please state the amount of borrowing costs,_**
**_if any, capitalised in the construction of tangible_**
**_fixed assets and the capitalisation rate used._**||||||| |**_(ii) Please provide the amount of contractual_**
**_commitments for the acquisition of tangible fixed_**
**_assets._**||||||| |**_(iii) Details of the existence and carrying_**
**_amounts of property, plant and equipment to_**
**_which the charity has restricted title or that are_**
**_pledged as security for liabilities._**||||||| |||||||| |_* The "transfers" row is for movements between fixed_|||_asset categories._|||| |_** Please indicate the method of depreciation by deleting the method not applicable(SL = straight_||||||| **Section C Notes to the accounts (cont)** |||||| |---|---|---|---|---| |**Note 20 Creditors and accruals**||||| |**_Please complete this note if the charity has any creditors or accruals._**||||| |||||| |**20.1 Analysis of creditors**||||| ||**Amounts falling due within**
**oneyear**||
**Amounts falling due after**
**more than oneyear**|| ||**This year**|**Last year**|**This year**|**Last year**| ||**£**|**£**|**£**|**£**| |**Accruals for grants payable**|-|-|-|-| |**Bank loans and overdrafts- Covid 19 Bounce back**|||9,800|12,000| |**Trade creditors**|353|1,830|-|-| |**Payments received on account for contracts or**
**performance-related grants**|-|-|-|-| |**Accruals and deferred income**|-|-|-|-| |**Taxation and social security**|-|-|-|-| |**Other creditors- **Kingdom Bank Mortgage||-|169,457|-| |**Total**|353|1,830|179,257|12,000| |||||| |||||| |**20.2 Deferred income**||||| |**_Please complete this note if the charity has deferred income._**||||| |||||| |**_Please explainthe reasons why income is deferred._**||||| |||||| |||||| |**_Movement indeferred income account_**|||**This year**|**Last year**| ||||**£**|**£**| |**Balance at the start of the reporting period**|||-|-| |**Amounts added incurrent period**|||-|-| |**Amounts released to income from previous periods**|||-|-| |**Balance at the end of the reporting period**|||-|-| |**Section C Notes to the accounts**|**Section C Notes to the accounts**|**Section C Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**| |---|---|---|---|---|---| ||||||| ||||||| |**Note 24Cash at bankand in hand**|||||| ||||**This year**|**Last year**|| ||||**£**|**£**|| |**Short term cash investments (less than 3 months maturity date)**|||-|-|| |**Short termdeposits- Building Fund**||||8,189|| |**Cash at bank and on hand**|||11,312|45,218|| |**Other**|||-|-|| |**Total**|||11,312|53,407|| |||||||