| Directors | MrRamonAyodeleAjiboye |
|---|---|
| MrAdeboyeSanusi | |
| MrOSBOdetola | |
| MrKolawoleAboderin | |
| Companynumber | 06603584 |
| Charitynumber | 1144260 |
| PrincipalAddress | 287ForeStreet |
| Edmonton | |
| London | |
| N90PD | |
| Accountants | KashcomLimited |
| (Accountants) | |
| 5London | |
| BUSHEY | |
| WD232LD | |
| Bankers | HSBC |
| SouthMall | |
| Edmonton | |
| London | |
| N90QU |
| STATEMENTOFFINANCIALACTIVITES | |||||
|---|---|---|---|---|---|
| FORTHEYEARENDED31STMAY2022 | |||||
| UNRESTRICTED | RESTRICTED | 2021/22 | 2020/21 | ||
| Note | FUNDS | FUNDS | TOTAL | TOTAL | |
| INCOMINGRESOURCES | |||||
| VoluntaryIncome | 1 | 152342.81 |
152342.81 | 148192.00 | |
| OtherIncome | |||||
| TotalIncomingResources | 152342.81 | 152342.81 | 148192.00 | ||
| RESOURCESEXPENDED | |||||
| CostofGeneratingFunds | |||||
| Contracts&Grants | 2 | 20992.37 |
20992.37 | 20950.01 | |
| CharitableActivities | 3 | 4957.48 |
4957.48 | 259.97 | |
| GovernanceCost | 4 | 171537.71 |
171537.71 | 139375.16 | |
| TotalResourcesExpended | 197487.56 | 197487.56 | 160585.14 | ||
| NetIncoming/OutgoingExpenses | |||||
| TotalFundBroughtForward | -45144.75 | -45144.75 | -12393.14 | ||
| TotalFundCarriedForward | 253687.14 | 253687.14 | 266080.28 | ||
| 208542,39 | 208542.39 | 253687.14 |
| UNRESTRICTED | RESTRICTED | 2021/22 | 2020/21 | |
|---|---|---|---|---|
| FUNDS | FUNDS | TOTAL | TOTAL | |
| 1.INCOMINGRESOURCES | ||||
| VoluntaryIncome | ||||
| MainOffering | 16085.78 | 16085.78 | 17558.98 | |
| Tithe | 93208.24 | 93208,24 | 73475.36 | |
| Thanksgiving | 6067.39 | 6067.39 | 5747.46 | |
| Others | 2193.87 | 2193.87 | 12087.61 | |
| TotalIncomingResources | 117555.28 | 117555.28 | 108869.42 | |
| OtherIncome | 34787.53 | 34787.53 | 39322.58 | |
| BankInterest | ||||
| TotalIncomingResources | 152342.81 | 152342.81 | 148192.00 |
| UNRESTRICTED | RESTRICTED | 2021/22 | 2020/21 | |
|---|---|---|---|---|
| FUNDS | FUNDS | TOTAL | TOTAL | |
| £ | £ | £ | ||
| 2 Contracts &Grants | ||||
| GifttoVisitingMinister | 3767.32 | 3767.32 | 3201.29 | |
| Gift& GranttoIndividuals | 1658.84 | 1658.84 | 1096.00 | |
| Area&CentralOfficeSupport | 15566.21 | 15566.21 | 16652.72 | |
| 20992.37 | 20992.37 | 20950.01 | ||
| 3 Charitable Activitles | ||||
| SpecialProgramme | 240.00 | 240.00 | 259.97 | |
| Evangelism | 937.48 | 937.48 | ||
| Conferences & Seminars | 3780.00 | 3780.00 | ||
| 4957.48 | 4957.48 | 259.97 | ||
| 4GovernanceCost | ||||
| Salary&Wages | 25689.12 | 25689.12 | 19500.00 | |
| Rent & Rates | 135.20 | 135.20 | 130.00 | |
| Repairs/Maintenance | 30882.74 | 30882.74 | 39405.19 | |
| Telephone | 700.97 | 700.97 | 1474.96 | |
| Heating&Lighting | 3995.95 | 3995.95 | 3501.13 | |
| TravellingExpenses | 3850.00 | 3850.00 | ||
| PettyCash | 497.62 | 497.62 | 295.00 | |
| Printing&Stationery | 229.73 | 229.73 | 490.00 | |
| Refreshments | 3516.71 | 3516.71 | 599.34 | |
| AccountancyFees | 3000.00 | 3000.00 | ||
| Legal& ProfessionalFees | 2082.12 | 2082.12 | 1953.84 | |
| ConsultancyFees | 23850.00 | 23850.00 | 23400.00 | |
| Insurance | 1209.04 | 1209.04 | 1990.18 | |
| BankCharges | 726.28 | 726.28 | 872.19 | |
| ComputerExpenses | 23850.00 | 23850.00 | 99.80 | |
| Training CleaningExpenses |
3626.00 4160.00 |
3626.00 4160.00 |
1093.99 3928.91 |
|
| SundryExpenses Depreciation Charities |
3274.61 31261.62 5000.00 |
3274.61 31261.62 5000.00 |
10538.83 25009.00 5092.80 |
|
| 171537.71 | 171537.71 | 139375.16 |
| 5 FIXED ASSET | LeaseholdLand & | Motor | Other | 2021/2022 |
|---|---|---|---|---|
| Building | Vehicle | Equipment | Total | |
| FixedAssetShedule | ||||
| At1stJun2021 | 36954 | 35473 | 54868 | 127295 |
| Additionsduringtheyear | 10436 | |||
| At31May 2022 | 36954 | 35473 | 65304 | 127295 |
| Depreciation | ||||
| At1stJun2021 | 6445 | 51592 | 67009 | 125046 |
| Chargeforthe year | 1611 | 12898 | 16752 | 31262 |
| 8057 | 64490 | 83762 | 156308 | |
| NetBook Value | ||||
| Disposal | ||||
| At31May 2022 | 28897 | -29017 | -18458 | -29013 |
| At31May 2021 | 30509 | -16119 | -12141 | 2249 |
| 6CurrentLlabilities | 2021/22 | 2020/21 | ||
| Accruals | 1150 | 1500 | ||
| Othertaxesandsocialsecurities | 600 | 850 | ||
| Othercreditors | 7500 | 9500 | ||
| 9250 | 11850 |