Charity No 1144631
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT BIRMINGHAM UK
TRUSTEES REPORT AND FINANCIAL STATEMENTS
For the year ended 30th September 2023
1
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
| FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT | |
|---|---|
| Statement of Financial Activities (including Income and Expenditure Accounts) | |
| For the year ended30th September 2023. | |
| CONTENTS | 2 |
| Legal and administrative information | 3 |
| Trustee's report | 3 - 5. |
| Independent Examiner’s Report | 8 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes forming part of the financial statements | 9-14. |
| The following pages do not form part of the statutory accounts | |
| Detailed income and expenditure account | 15 |
2
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 30th September 2023
Trustees 1 Most Senior Apostle Edobor Okundaye 2 Lady Evangelist Toyin Omoniyi 3 Senior Lady Leader Sandra Okundaye 4 Mrs Deleisha Forsythe 5 Chisom Golden Wagwu 6 Lady Leader Jasvinder Kaur 7 Mrs Natalie Glenn Charity No 1144631 Registered Office 276 Monument Road Edgbaston Birmingham B16 8XF Chair Most Senior Apostle Edobor Okundaye Accountants Jecom & Co Incorporated Financial Accountants (IFA) 276 Monument Road Edgbaston Birmingham B16 8XF Bankers HSBC Bank LLOYDS BANK
3
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
Trustee's report For the year ended 30th September 2023
The Board of Trustees
submit their annual report and the financial statements of Flame pent4ecostal church of C & S (the charity)
for the year ended 30th September 2023. The Board of Trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirement of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities issued in October 2000.
Method of appointment or election of Trustees
The Management of the Charity is the responsibility of the Trustees who are elected
and co-opted under the terms of the constitution.
Constitution policies and objectives
Flame Pentecostal Church of Cherubim & Seraphim Church Movement Birmingham UK is a registered charity.
The principle object of the Charity is to organise church services, community services, mentoring and advice nursery and teaching of children, adult and youth
There have been no changes in the objectives since the last annual report.
Organizational structure and decision making
The organization of the Charity is controlled by the members of the Board of Trustees.
Review of activities
During the year the Charity received a total of £64,063 from donations and other sources. The financial results for the year are shown in the annexed accounts
Reserves policy
It is the policy of the Trustees to work towards holding the minimum reserves necessary to enable the Charity to meet its commitments for a minimum period of three months.
4
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
Trustees'S REPORT For the year ended 30th September 2023.
Trustees's responsibilities
Charity law applicable to charities in England/Wales requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for the period. In preparing those financial statements the Trustees have
-
selected suitable accounting policies and applied them consistently,
-
made judgments and estimates that are reasonable and prudent,
-
stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
-
prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Trust will continue in operation).
The Trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. These account has been delivered in accordance with the provisions applicable to chariries subject to the small companies regime.
The report was approved by the Trustees on 20th November 2023 and signed on its behalf by
Apostle Edobor Okundaye Chairman
5
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
Independent Examiner’s Report to the trustees of Flame Pentecostal Church of Cherubim & Seraphim Movement Birmingham UK For the year ended 30th September 2023.
I report on the accounts for the year ended 30th September 2023 which are set out on pages 6 to 14 Respective responsibilities of trustees and examiner
The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the charity Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to:
Examine the accounts (under section 43 of the Act), to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the Act), and to state whether particular matters have come to my attention.
Basis of Independent examiner’s report
My examination was carried out in accordance with General Directions given 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 you as 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 statement
In the course of my examination, no matter has come to my attention:
1. Which gives me reasonable cause to believe that in, any material respect, the requirements:
to keep accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J. Okundaye AFA FFTA FIAB
Jecom & Co
Incorporated Financial Accountants 276 Monument Road
Edgbaston Birningham B16 8XF
6
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
STATEMENT OF FINANCIAL ACTIVITIES For the year ended 30th September 2023.
| Note INCOMING RESOURCES Donations legacies and similar incoming resources 2 RESOURCES EXPENDED Charitable expenditure: Cost of activities in furtherance of the charity's objects Support costs for grants and activities 3 Resources expended on managing and administering the charity 4 TOTAL RESOURCES EXPENDED 5 IN TOTAL FUNDS FOR THE YEAR - NET INCOME/(EXPENDITURE) FOR THE YEAR TOTAL FUNDS AT 1 October 2022 TOTAL FUNDS AT 30th September 2023 |
Restricted Unrestricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ 64063 64063 45336 |
Restricted Unrestricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ 64063 64063 45336 |
|---|---|---|
| 0 64,063 64,063 |
45,336 | |
| 21,923 21,923 35071 35071 2376 2376 |
35203 4180 |
|
| 0 59,370 59370 |
41178 | |
| 4,693 4,693 0 6072 6072 |
6072 2084 |
|
| 0 4,693 4,693 |
6072 |
The Statement of Financial Activities includes all gains and losses recognized in the year The notes on page 10 to 15 form part of these financial statements
7
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
BALANCE Sheet As at 30th September 2023.
| FIXED ASSETS Note Tangible fixed assets 8 CURRENT ASSETS Debtors 9 Cash at Bank and in Hand 891 891 CREDITORS - Amount falling due 10 within one year 0 NET CURRENT ASSETS NET ASSETS 12 CHARITY FUNDS Restricted Funds 11 Unrestricted Funds 11 |
FIXED ASSETS Note Tangible fixed assets 8 CURRENT ASSETS Debtors 9 Cash at Bank and in Hand 891 891 CREDITORS - Amount falling due 10 within one year 0 NET CURRENT ASSETS NET ASSETS 12 CHARITY FUNDS Restricted Funds 11 Unrestricted Funds 11 |
2023 £ 553 891 891 0 891 1444 0 1444 1444 |
2023 £ 553 891 891 0 891 1444 0 1444 1444 |
2022 £ 738 891 |
|
|---|---|---|---|---|---|
| 891 0 |
|||||
| 1629 | |||||
| 0 1629 |
|||||
| 1629 |
The Trustees have:-
-
a] “For the year ending 30th September 2023 the charity was entitled to exemption from audit under section 477(2) of the Companies Act 2006 .
-
b] The members have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006.
-
c] The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting periods and preparation of the accounts.
The financial statements were approved by the Trustees on the 20th November 2023 And are signed on their behalf by:
Apostle Edobor Okundaye
8
Chair
The notes on pages 10 - 15 form part of these financial statements
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
NOTES TO THE FINANCIAL STATEMENTS For the year ended 30th September 2023.
1 ACCOUNTING POLICIES
1.1 Basis of preparation of financial statements
The financial statements have been prepared under the historical cost
convention, and in accordance with the Financial Reporting Standard for Smaller
Entities (effective June 2002). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP). "Accounting and Reporting by Charities" published in October 2000,
1.2 Charity Status
The members of the charity are the trustees named on page 1 in the event of the Charity being wound up.
1.3 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
1.4 Incoming resources
All incoming resources are included in the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Gifts in kind donated for distribution are included at valuation and recognized as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the Charity where this can be quantified and a third party is bearing the cost. No amounts are included in this financial statements for services donated by volunteers.
9
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
NOTES TO THE FINANCIAL STATEMENTS For the year ended 30th September 2023.
Intangible income, which comprises donated services, is included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognized where there is no financial cost borne by a third party.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognized at the time of the donation.
1.5 Resources expended
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include project management carried out at Headquarters. Management and administration costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.
1.6 Cash flow
The financial statements do not include a cash flow statement because the charitable charity, as a small reporting entity is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective June 2002).
1.7 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual value over their expected useful lives on the following basis:
Motor Vehicle - 25% Straight line Furnitures and Fixtures - 25% Straight line Office Equipment - 25% Straight line
10
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 30th September 2023.
- 2 DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES
| Grants Government grants |
Restricted Unrestricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ 0 0 |
|---|---|
| 0 0 0 0 |
| 3 | SUPPORT COSTS FOR GRANTS | AND ACTIVITIES | AND ACTIVITIES | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| £ | £ | £ | £ | ||
| Printing postage & stationary | 250 | 250 | 769 | ||
| Substriction | 30 | 30 | 500 | ||
| Light & Heat | 1745 | 1745 | 832 | ||
| Bank charges | 5981 | 5981 | 3391 | ||
| Property rent | 6,296 | 6296 | 6442 | ||
| Protective xlothings | 50 | 50 | 0 | ||
| Toiletories & first aid | 20 | 20 | 110 | ||
| Charity | 0 | 0 | 720 | ||
| Insurance | 184 | 184 | 0 | ||
| Advertisement | 0 | ||||
| Travel and subsistence | 1192 | 1192 | 3772 | ||
| Repairs & maintenance | 17577 | 17577 | 17577 | ||
| Functions | 1745 | 1745 | 791 | ||
| Total | 0 | 35071 | 35071 | 34904 |
11
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVE NOTES TO THE FINANCIAL STATEMENTS For the year ended 30th September 2023.
4 RESOURCES EXPENDED ON MANAGING AND ADMINISTERING THE CHARITY
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| £ | £ | £ | £ | |||
| Sundries | 0 | 0 | 0 | |||
| Audit & Accountancy fees | 1,200 | 1,200 | 1200 | |||
| Professional fees | 200 | 200 | 190 | |||
| Telephone | 792 | 792 | 2544 | |||
| Depreciation - motor | vehicles | |||||
| Depreciation - office equipment | 129 | 129 | 173 | |||
| Depreciation - fixtures & fittings | 55 | 55 | 73 | |||
| Total | 0 | 2376 | 2376 | 4180 | ||
| 5 | ANALYSIS OF RESOURCES EXPENDED BY | EXPENDITURE | TYPE | |||
| Staff Costs | Depreciation | Other Costs | Total | Total | ||
| 2023 | 2023 | 2023 | 2023 | 2022 | ||
| £ | £ | £ | £ | £ | ||
| Voluntary | Expenses | |||||
| Support costs for grants and | ||||||
| activities | 200 | 35,071 | 35,071 | 35203 | ||
| Resources | expended on managing | |||||
| and administering the charity | 184 | 2376 | 2376 | 4426 | ||
| Total Resources Expended | £200 | 184 | 37447 | 37447 | 39629 |
6 NET INCOMING RESOURCES/(RESOURCES EXPENDED)
| This is stated after charging Depreciation of tangible fixed assets owned by the charity Audit & Accountancy fees Professional fees |
Total Total 2023 2022 £ £ 184 246 1200 1200 200 190 |
|---|---|
| 1584 1636 |
12
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVE
NOTES TO THE FINANCIAL STATEMENTS For the year ended 30th September 2023.
During the year no Trustees received any remuneration (2023 - £NIL)
During the year no Trustees received any benefit in kind (2023 - £NIL)
During the year no Trustees received any reimbursement of expenses (2022 - £NIL)
| 7 | STAFF COSTS AND NUMBERS | ||
|---|---|---|---|
| Staff costs were as follows | 2023 | 2022 | |
| £ | £ | ||
| Voluntary Expenses/wages | 200 | 0 |
The average monthly number of employees during the year was as follows
| The average monthly number of employees during the year was as follows | The average monthly number of employees during the year was as follows | ar was as follows |
|---|---|---|
| 2023 2022 Administrative 1 1 No employee received remuneration amounting to more than £50000 in either year 8 TANGIBLE FIXED ASSETS Motor Equipment Fixtures & Total Vehicles Fittings £ £ £ £ Cost At 1 October 2022 0 518 220 738 Addition in year 0 0 0 0 0 518 220 738 Depreciation At 1 October 2022 0 129 55 184 Charge for the year 0 0 0 0 At 30th September 2023 0 129 55 184 Net book value At 30th September 2023 0 388 165 553 At 30th September 2022 0 518 220 738 9 DEBTORS 2023 2022 Due within one year £ £ Debtors Cash in hand and at bank 1370 891 1370 891 |
2023 2022 1 1 |
|
| 0 518 220 738 |
||
| 0 129 55 184 0 0 0 0 |
||
| 0 129 55 184 |
||
| 0 388 165 553 |
||
0 518 220 738 |
||
| 2023 2022 £ £ 1370 891 |
||
| 1370 891 |
13
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
NOTES TO THE FINANCIAL STATEMENTS For the year ended 30th September 2023.
| 10 CREDITORS 2023 2022 Amount falling due within one year £ £ Bank Loan and overdrafts 17491 30000 Accruals 0 0 Tax & National Insurance Contribution £17,491 £0 11 STATEMENT OF FUNDS Brought Incoming Resources Carried Forward Resources Expended Forward UNRESTRICTED FUNDS £ £ £ £ General Funds 42648 64063 59370 47341 General Fund 1 Subtotal 42648 64063 59370 47341 RESTRICTED FUNDS Restricted Funds 0 0 0 0 SUMMARY OF FUNDS £ £ £ £ General Funds 42648 64063 59370 41058 Restricted Funds Total of Funds 42648 64063 59370 47341 12 ANALYSIS OF NET ASSETS BETWEEN FUNDS Restricted Unrestricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ Tangible fixed assets 553 553 738 Debtors due after more than 1 year Current assets 811 811 811 Creditors due within one year 0 Total 0 1364 1364 1549 |
10 CREDITORS 2023 2022 Amount falling due within one year £ £ Bank Loan and overdrafts 17491 30000 Accruals 0 0 Tax & National Insurance Contribution £17,491 £0 11 STATEMENT OF FUNDS Brought Incoming Resources Carried Forward Resources Expended Forward UNRESTRICTED FUNDS £ £ £ £ General Funds 42648 64063 59370 47341 General Fund 1 Subtotal 42648 64063 59370 47341 RESTRICTED FUNDS Restricted Funds 0 0 0 0 SUMMARY OF FUNDS £ £ £ £ General Funds 42648 64063 59370 41058 Restricted Funds Total of Funds 42648 64063 59370 47341 12 ANALYSIS OF NET ASSETS BETWEEN FUNDS Restricted Unrestricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ Tangible fixed assets 553 553 738 Debtors due after more than 1 year Current assets 811 811 811 Creditors due within one year 0 Total 0 1364 1364 1549 |
Incoming Resources £ |
2023 2022 £ £ 17491 30000 0 0 |
|---|---|---|---|
| £17,491 £0 |
|||
| Resources Carried Expended Forward £ £ |
|||
| 42648 | 64063 | 59370 47341 |
|
| 42648 | 64063 59370 47341 |
||
| 0 | 0 0 0 |
||
| £ | £ £ £ 64063 59370 41058 |
||
| 42648 | |||
| 42648 | 64063 59370 47341 |
||
| 0 1364 1364 1549 |
14
FLAME PENTECOSTAL CHURCH OF CHERUBIM & SERAPHIM MOVEMENT
DETAILED INCOME AND EXPENDITURE ACCOUNT For the year ended 30th September 2023
|Fund
30th September 2023 30th September 2022
INCOME
£
£
Thithes and offerings
58052
36,836
Gift aid
6011
8,500
Building Appeal Funds
Voluntary Donations
Income from community Activities
-
64063
64063
45,336
45,336
LESS : EXPENDITURE
Property rent and rate
6296
6,442
Light & Heat
1745
832
Printing, Postage & Stationery
250
769
Building Services and maintainance
39300
17,577
Subscription
30
500
Charity
0
720
Wages and salaries
200
1,675
Insurance
184
119
Toiletories and first aid
20
110
Travel and subsistence
1192
3,772
Telephone & Fax
792
2,544
Professional fees
200
190
Audit & Accountancy fees
1200
1,200
Protective clothings
50
180
Sundries
0
-
Functions
1745
791
Bank Charges & Loan
5981
3,391
Depreciation - motor vehicles
Depreciation - office equipment
129
173
Depreciation - Fixtures and fittings
55
73
TOTAL EXPENDITURE
59370 <br>41058<br>NET INCOME FOR THE YEAR<br>£<br>4,693<br>£<br>4,277|Fund<br>30th September 2023 30th September 2022<br>**INCOME**<br>£<br>£<br>Thithes and offerings<br>**58052**<br>**36,836**<br>Gift aid<br>**6011**<br>**8,500**<br>Building Appeal Funds<br>Voluntary Donations<br>Income from community Activities<br>**-**<br>**64063**<br>**64063**<br>**45,336**<br>**45,336**<br>**LESS : EXPENDITURE**<br>Property rent and rate<br>**6296**<br>6,442<br>Light & Heat<br>**1745**<br>832<br>Printing, Postage & Stationery<br>**250**<br>769<br>Building Services and maintainance<br>**39300**<br>17,577<br>Subscription<br>**30**<br>500<br>Charity<br>**0**<br>720<br>Wages and salaries<br>**200**<br>1,675<br>Insurance<br>**184**<br>119<br>Toiletories and first aid<br>**20**<br>110<br>Travel and subsistence<br>**1192**<br>3,772<br>Telephone & Fax<br>**792**<br>2,544<br>Professional fees<br>**200**<br>190<br>Audit & Accountancy fees<br>**1200**<br>1,200<br>Protective clothings<br>**50**<br>180<br>Sundries<br>**0**<br>-<br>Functions<br>**1745**<br>791<br>Bank Charges & Loan<br>**5981**<br>3,391<br>Depreciation - motor vehicles<br>Depreciation - office equipment<br>**129**<br>173<br>Depreciation - Fixtures and fittings<br>**55**<br>73<br>TOTAL EXPENDITURE<br>59370
41058
NET INCOME FOR THE YEAR
£
4,693
£
4,277|Fund
30th September 2023 30th September 2022
INCOME
£
£
Thithes and offerings
58052
36,836
Gift aid
6011
8,500
Building Appeal Funds
Voluntary Donations
Income from community Activities
-
64063
64063
45,336
45,336
LESS : EXPENDITURE
Property rent and rate
6296
6,442
Light & Heat
1745
832
Printing, Postage & Stationery
250
769
Building Services and maintainance
39300
17,577
Subscription
30
500
Charity
0
720
Wages and salaries
200
1,675
Insurance
184
119
Toiletories and first aid
20
110
Travel and subsistence
1192
3,772
Telephone & Fax
792
2,544
Professional fees
200
190
Audit & Accountancy fees
1200
1,200
Protective clothings
50
180
Sundries
0
-
Functions
1745
791
Bank Charges & Loan
5981
3,391
Depreciation - motor vehicles
Depreciation - office equipment
129
173
Depreciation - Fixtures and fittings
55
73
TOTAL EXPENDITURE
59370 <br>41058<br>NET INCOME FOR THE YEAR<br>£<br>4,693<br>£<br>4,277|Fund<br>30th September 2023 30th September 2022<br>**INCOME**<br>£<br>£<br>Thithes and offerings<br>**58052**<br>**36,836**<br>Gift aid<br>**6011**<br>**8,500**<br>Building Appeal Funds<br>Voluntary Donations<br>Income from community Activities<br>**-**<br>**64063**<br>**64063**<br>**45,336**<br>**45,336**<br>**LESS : EXPENDITURE**<br>Property rent and rate<br>**6296**<br>6,442<br>Light & Heat<br>**1745**<br>832<br>Printing, Postage & Stationery<br>**250**<br>769<br>Building Services and maintainance<br>**39300**<br>17,577<br>Subscription<br>**30**<br>500<br>Charity<br>**0**<br>720<br>Wages and salaries<br>**200**<br>1,675<br>Insurance<br>**184**<br>119<br>Toiletories and first aid<br>**20**<br>110<br>Travel and subsistence<br>**1192**<br>3,772<br>Telephone & Fax<br>**792**<br>2,544<br>Professional fees<br>**200**<br>190<br>Audit & Accountancy fees<br>**1200**<br>1,200<br>Protective clothings<br>**50**<br>180<br>Sundries<br>**0**<br>-<br>Functions<br>**1745**<br>791<br>Bank Charges & Loan<br>**5981**<br>3,391<br>Depreciation - motor vehicles<br>Depreciation - office equipment<br>**129**<br>173<br>Depreciation - Fixtures and fittings<br>**55**<br>73<br>TOTAL EXPENDITURE<br>59370
41058
NET INCOME FOR THE YEAR
£
4,693
£
4,277|
|---|---|---|---|
||64063||45,336
45,336|
||6296
1745
250
39300
30
0
200
184
20
1192
792
200
1200
50
0
1745
5981
129
55
£||6,442
832
769
17,577
500
720
1,675
119
110
3,772
2,544
190
1,200
180
-
791
3,391
173
73
`
41058
£
4,277|
|||4,693||
15