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2023-09-30-accounts

Charity Registration Number 1143503

Kent Foursquare Gospel Church

Report and Financial Statements

30 September 2023

Kent Foursquare Gospel Church

Reference and administrative details

For the year end September 2023

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 2023

Introduction

Kent Foursquare Gospel Church U. K is an unincorporated organisation registered with the Charity Commission (1143503] 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 the spiritual and administrative activities of the Church.

Current activities and programmes

The year 1 October 2022 to 30 September 2023 witnessed the continued growth of the Church. Being now settled in our new church building, we continued our activities through a combination of physical worship gathering and online services. These activities consist of our weekly Sunday service, Wednesday Bible study, Thursday prayer meetings, and daily online prayer meetings. Our Church’s Annual Convocation, Christmas Carols, Easter Service, Watchnight Service and Annual Workers Seminar etc were also held on-site and online. We embarked on other activities towards achieving our objectives in the areas of outreach, evangelism, and mission.

Achievements and challenges:

The Board of Trustees and the Church Council continue to meet online regularly to plan and organise the programs and activities of the Church and make decisions on important issues.

During the year, we appointed more pastors to assist in working towards the achievement of our mission. As part our duty to the community, we conducted monthly fellowship and services 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 and events for free.

We Piorneered a branch of our Church in Hampshire near Southampton U.K and the Church is doing very well spiritually, numerically, and financially.

To ensure quicker repayment of our mortgage, the trustees agreed and negotiated with our Lender a 48-month repayment plan. We are meeting our obligation under this plan in view of the increase in our Income.

Due to increasing participation by our online viewers, we increased the capacity of our internet network and procured additional media equipment.

We carried out some renovations on our building’s flooring to improve and beautify our Church.

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 Canterbury in the second quarter of 2024.

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-atHone, we will 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 £166,532 amounting to 39% increase from the income in the previous year (2022 £120,129). This was mainly because of increased membership and increased donation from members as we expand our outreach. The charity's overall expenditure in 2023 was £146,975 a 61% increase from the previous year’s (2022: £91,558). This was due to increase in salaries cost as we engaged more pastors, and church maintenance/ premises cost as our newly pioneered Hampshire Church commenced activities. We continue to pay down our mortgage to control interest cost in view of the general increase in borrowing cost. The operating surplus for the year was £19,557 a decrease of 32% from the surplus of £28,571 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 reserve at the yearend increased to £149,814 from the previous year’s level of £130,257. 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 2022/23 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 21 January 2024 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

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.

Signed:
Name:
Relevant professional
qualification(s) or body
Address:		 21 January 2024
Olugbenga Coker

FCCA
1 Holmdale Road, Chislehurst BR7 6BY

----- Start of picture text -----
Kent Foursquare Gospel Church 1143503
Annual accounts for the period
Period end
Period start date 01-Oct-22 To date 30-Sep-23
Section A Statement of financial activities
Restricted
Recommended categories by Unrestricted income Endowment Prior year
activity funds funds funds Total funds funds
£ £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 165,731 - - 165,731 120,056
Charitable activities S02 - - - -
Other trading activities S03 - - - - -
Investments S04 800 800 72
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total S07 166,532 - - 166,532 120,129
Resources expended (Note 6)
Expenditure on:
Raising funds S08 - - - -
Charitable activities S09 146,975 - 146,975 91,558
Separate material item of expense S10 - - - - -
Other S11 - - - - -
Total S12 146,975 - - 146,975 91,558
Net income/(expenditure) before investment
gains/(losses) S13 19,557 - - 19,557 28,571
Net gains/(losses) on investments S14 - - - - -
Net income/(expenditure) S15 19,557 - - 19,557 28,571
Extraordinary items S16 - - - - -
Transfers between funds S17 - - -
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 19,557 - - 19,557 28,571
Reconciliation of funds:
Total funds brought forward S21 130,257 - - 130,257 101,686
Total funds carried forward S22 149,814 - - 149,814 130,257
Guidance Notes
----- End of picture text -----

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 287,084 - - 287,084 283,555
Heritage assets(Note 16) B03 - - - - -
Investments(Note 17) B04 25,000 - - 25,000 15,000
Total fixed assets B05 312,084 - - 312,084 298,555
Current assets
Stocks(Note 18) B06 - - - - -
Debtors(Note 19) B07 2,000 - - 2,000 -
Investments(Note 17.4) B08 - - - - -
Cash at bank and in hand(Note 24) B09 2,909 - - 2,909 11,312
Total current assets B10 4,909 - - 4,909 11,312
Creditors: amounts falling due within
one year(Note 20)		 B11 7,746 - - 7,746 353
Net current assets/(liabilities) B12 - 2,837 - - - 2,837 10,959
Total assets less current liabilities B13 309,247 - - 309,247 309,514
Creditors: amounts falling due after
one year(Note 20)		 B14 159,433 - - 159,433 179,257
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 149,814 - - 149,814 130,257
Funds of the Charity
Endowment funds (Note 27) B17 - - -
Restricted income funds (Note 27) B18 - - -
Unrestricted funds B19 149,814 - 149,814 130,257
Revaluation reserve B20 - -
Total funds B21 149,814 - - 149,814 130,257
Signed by one or two trustees on behalf of all
the trustees		 Signature Print Name Date of
approval
dd/mm/yyyy
Rev Akeem Adeyemi 21/01/2024
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 1Basis 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 130,124 - 130,124 105,313
GiftAid 30,072 - - 30,072 14,743
Legacies - - - - -
Convocation levy and sponsorships which are
insubstance donations		 5,535 - - 5,535 -
Donated goods,facilities and services - - - - -
Other - - - -
Total 165,731 - - 165,731 120,056
Charitable
activities:		 - - - - -
- - - -
Other - - - - -
Total - - - - -
Other trading
activities:		 - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from
investments:		 Interestincome 52 - - 52 1
Dividendincome-GSK&Haleon 748 - - 748 72
Rentalandleasingincome - - - - -
Other - - - - -
Total 800 - - 800 73
Separate
material item
of income:		 - - - - -
- - - - -
Insurance claim-Van - - - - -
Total - - - - -
Other: Conversionofendowmentfundsintoincome - - - - -
Gain on disposal of a tangible fixed asset held
forcharity's ownuse		 - - - - -
Royalties from the exploitation of intellectual
propertyrights		 - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 166,532 - - 166,532 120,129

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 - - - - -
Total expenditure on raising
funds		 - - - - -
Expenditure on charitable activities 146,975 - - 146,975 91,058
- - - - -
- - - - -
- - - - -
Total expenditure on charitable
activities		 146,975 - - 146,975 91,058
Separate material item of expense - - - - -
- - - - -
Total - - - - -
Other
- - - - -
Total other expenditure - - - - -
TOTAL EXPENDITURE 146,975 - - 146,975 91,058
Other information:
Analysis of expenditure on charitable activities
Activity or programme Activities undertaken directly Grant
funding
of
activities		 Support
Costs		 Total this
year		 Total
prior year
£ £ £ £ £
Benevolence andwelfare 10,698
 10,698 5,044
EvangelismandMission 11,127 11,127 10,821
Salaries- Pastors 83,886 83,886 34,583
ConferenceExpenses 4,506 4,506 2,441
Communications/adminexpenses 874 874 1,113
Mortgageinterest 11,550 11,550 14,979
Loan interest/Legal charge on lease 2,000 2,000 251
Accountingfee 700 700 -
Church repair/premises cost 16,502 16,502 13,759
Motor vehicle expenses 3,080 3,080 4,905
Depreciation 1,871 1,871 2,713
Youth Programmes,Training &Activities 180 180 450
Total - 146,975 91,058

Section C Notes to the accounts (cont)

----- Start of picture text -----
Note 6 Analysis of expenditure
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Expenditure on raising funds: Incurred seeking donations - - - - -
Incurred seeking legacies
- - - - -
Total expenditure on raising
funds - - - - -
Expenditure on charitable activities 143,078 - - 143,078 91,058
- - - - -
- - - - -
- - - - -
Total expenditure on charitable
activities 143,078 - - 143,078 91,058
Separate material item of expense - - - - -
- - - - -
Total - - - - -
Other
- - - - -
Total other expenditure - - - - -
TOTAL EXPENDITURE 143,078 - - 143,078 91,058
Other information:
Analysis of expenditure on charitable activities
Grant
funding Support Total this Total
Activity or programme Activities undertaken directly
of Costs year prior year
activities
£ £ £ £ £
Benevolence and welfare 10,698 10,698 5,044
Evangelism and Mission 11,127 11,127 10,821
Salaries- Pastors 79,989 79,989 34,583
Conference Expenses 4,506 4,506 2,441
Communications/admin expenses 874 874 1,113
Mortgage interest 11,550 11,550 14,979
Loan interest/Legal charge on lease 2,000 2,000 251
Accounting fee 700 700 -
Church repair/premises cost 16,502 16,502 13,759
Motor vehicle expenses 3,080 3,080 4,905
Depreciation 1,871 1,871 2,713
Youth Programmes, Training & Activities 180 180 450
Total - 143,078 91,058
----- End of picture text -----

Section C Notes to the accounts

----- Start of picture text -----
Note 10 Details of certain items of expenditure
10.1 Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of
accounts and other services provided by your independent examiner. If nothing
was paid please enter '0' in the appropriate box(es).
This year Last year
£ £
Independent examiner’s fees
0 0
Assurance services other than audit or independent examination
0 0
Tax advisory fees
0 0
Other fees (for example: financial advice, consultancy, accountancy services) paid to
the independent examiner 0 0
----- End of picture text -----

Section C Notes to the accounts (cont)
Note 11 Paid employees
Please complete this note if the charity has any employees.
11.1StaffCosts
Thisyear Lastyear
£ £
Salaries and wages 77,122 -
Social security costs 6,261 -
Pension costs(defined contribution scheme) 503 -
Other employee benefits - -
Total staffcosts 83,886 -
Please provide details of expenditure on staff working for the
charity whose contracts are with and are paid by a related party		 None
Please give details of the number of employees whose total employee benefits (excluding employer pension
costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please
enter 'true' in the box provided.
No employees received employee benefits (excluding employer
pension costs) for the reporting period of more than £60,000
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for
their services to the charity		 20,551
11.2 Average head count in the year This year Last year
Number Number
The parts of the charity in which the
employees work		 Fundraising - -
Charitable Activities 4 2
Governance - -
Other - -
Total 4 2
Note 11 Paid employees
Please complete this note if the charity has any employees.
11.1StaffCosts
Thisyear Lastyear
£ £
Salaries and wages 77,122 -
Social security costs 6,261 -
Pension costs(defined contribution scheme) 503 -
Other employee benefits - -
Total staffcosts 83,886 -
Please provide details of expenditure on staff working for the
charity whose contracts are with and are paid by a related party		 None
Please give details of the number of employees whose total employee benefits (excluding employer pension
costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please
enter 'true' in the box provided.
No employees received employee benefits (excluding employer
pension costs) for the reporting period of more than £60,000
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for
their services to the charity		 20,551
11.2 Average head count in the year This year Last year
Number Number
The parts of the charity in which the
employees work		 Fundraising - -
Charitable Activities 4 2
Governance - -
Other - -
Total 4 2
Note 11 Paid employees
Please complete this note if the charity has any employees.
11.1StaffCosts
Thisyear Lastyear
£ £
Salaries and wages 77,122 -
Social security costs 6,261 -
Pension costs(defined contribution scheme) 503 -
Other employee benefits - -
Total staffcosts 83,886 -
Please provide details of expenditure on staff working for the
charity whose contracts are with and are paid by a related party		 None
Please give details of the number of employees whose total employee benefits (excluding employer pension
costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please
enter 'true' in the box provided.
No employees received employee benefits (excluding employer
pension costs) for the reporting period of more than £60,000
Please provide the total amount paid to
key management personnel (includes
trustees and senior management) for
their services to the charity		 20,551
11.2 Average head count in the year This year Last year
Number Number
The parts of the charity in which the
employees work		 Fundraising - -
Charitable Activities 4 2
Governance - -
Other - -
Total 4 2

Section C Notes to the accounts (cont)

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Note 14 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land Equipment Plant, Fixtures, Total
& buildings machinery and fittings
motor vehicles
£ £ £ £ £
At the beginning of the 280,000 1,000 303,958
year 14,818 8,140
Additions 4,148 513 4,661
Revaluations - -
Disposals - -
Transfers * - - - - -
At end of the year 280,000 18,966 8,140 1,513 308,619
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 - 11,124 8,140 400 19,664
year
Disposals - -
Depreciation - 1,568 303 1,871
Impairment - - - - -
Transfers - - - - -
At end of the year - 12,692 8,140 703 21,535
14.3 Net book value
Net book value at the 280,000 3,694 - 600 284,294
beginning of the year
Net book value at the 280,000 6,274 - 810 287,084
end of the year
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Section C Notes to the accounts (cont)
Note 17 Investment assets
Please complete this note if the charity has any investment assets.
17.1 Fixed assets investments (please provide for each class of investment)
Cash & cash
equivalents
Listed
investments		 Investment
properties		 Social
investments		 Other Total
Carrying (fair) value at beginning of
period		 - 15,000 - - - 15,000
Add:additions to investments during
period*		 - 10,000 - - - 10,000
Less:disposals at carrying value - - - - - -
Less: impairments - - - - - -
Add: Reversal of impairments - - - - - -
Add/(deduct):transfer in/(out) in the
period		 - - - - - -
Add/(deduct):net gain/(loss) on
revaluation		 - - - - - -
Carrying (fair) value at end of year - 25,000 - - - 25,000
Please specify additions resulting from*
acquisitions through business combinations, if any.**
Please note that Fair Value in this context is the amount for which an asset could be exchanged between
knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value
of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where
there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.
17.2 Please provide a breakdown of investments shown above agreeing with the balance
sheet row B04 differentiating between those held at fair value and those held at cost less
**impairment. **
Analysis of investments
Fair value at year end Cost less impairment
£ £
Cash or cash equivalents - -
Listed investments 25,000 25,000
Investment properties - -
Social investments - -
Other investments - -
Total 25,000 25,000
Grand total (Fair value at year end+Cost less impairment) 25,000
Note 17 Investment assets
Please complete this note if the charity has any investment assets.
17.1 Fixed assets investments (please provide for each class of investment)
Cash & cash
equivalents
Listed
investments		 Investment
properties		 Social
investments		 Other Total
Carrying (fair) value at beginning of
period		 - 15,000 - - - 15,000
Add:additions to investments during
period*		 - 10,000 - - - 10,000
Less:disposals at carrying value - - - - - -
Less: impairments - - - - - -
Add: Reversal of impairments - - - - - -
Add/(deduct):transfer in/(out) in the
period		 - - - - - -
Add/(deduct):net gain/(loss) on
revaluation		 - - - - - -
Carrying (fair) value at end of year - 25,000 - - - 25,000
Please specify additions resulting from*
acquisitions through business combinations, if any.**
Please note that Fair Value in this context is the amount for which an asset could be exchanged between
knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value
of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where
there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.
17.2 Please provide a breakdown of investments shown above agreeing with the balance
sheet row B04 differentiating between those held at fair value and those held at cost less
**impairment. **
Analysis of investments
Fair value at year end Cost less impairment
£ £
Cash or cash equivalents - -
Listed investments 25,000 25,000
Investment properties - -
Social investments - -
Other investments - -
Total 25,000 25,000
Grand total (Fair value at year end+Cost less impairment) 25,000

Section C Notes to the accounts (cont)

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Note 19 Debtors and prepayments
Please complete this note if the charity has any
debtors or prepayments.
This year Last year
19.1 Analysis of debtors
£ £
- -
Trade debtors 2,000.0 700.0
Prepayments and accrued income
Other debtors 2,000.0 700.0
Total
Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.
19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)
This year Last year
£ £
Deposit payment (Simeon Seaton)
Local authority deposit
Other debtors- Welfare loan for Tuition fee 2,000.0
Total 2,000.0 -
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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 7,404 9,800
Trade creditors 353 - -
Payments received on account for contracts or
performance-related grants		 - - - -
Accruals and deferred income - - - -
Taxation and social security 7,746 - - -
Other creditors- Kingdom Bank Mortgage - 152,029 169,457
Total 7,746 353 159,433 179,257

Section C Notes to the accounts (cont)
Note 24Cash at bankand in hand
This year Last year
£ £
Short term cash investments (less than 3 months maturity date) - -
Short term deposits- Building Fund
Cash at bank and on hand 2,909 11,312
Other - -
Total 2,909 11,312