| Page | |||||
|---|---|---|---|---|---|
| Report ofThe Trustees | 1-3 | ||||
| Independent | Examiner's | Report | |||
| Statement of | Financial | Activities | |||
| Balance Sheet | |||||
| Notes to the | Financial | Statements | 7-9 | ||
| Detailed Statement of | Financial | Activities | 10 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Total | Total | ||||||
| Unrestricted | Restricted | Fund | Fund | ||||
| Notes | |||||||
| Income Resources | |||||||
| Incoming Resources |
From Generated | Funds | |||||
| Voluntary Income |
2 | 25,116 | 25,116 | 39,176 | |||
| Building fund | |||||||
| Other Income | |||||||
| Bank interest received | |||||||
| Total Income Resources | 25,116 | 23116 | 39116 | ||||
| Resources Expended | |||||||
| Charitable Activities |
|||||||
| Physical &Spiritual | Need | 27,441 | 27,441 | 44,617 | |||
| Governance Costs |
850 | 850 | 650 | ||||
| Total Resources |
Expended | 28,291 | 28,291 | 45,267 | |||
| NET INCOMING | RESOURCES | (3.175) | (3,175) | (6,090) | |||
| RECONCIIATION | OF FUNDS | ||||||
| Total Funds Balances b/fwd |
3,930 | 3,930 | 10,020 | ||||
| Total Funds Balances c/fwd | 755 | 755 | 3,930 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| Notes | Funds | Total Funds | Total | Funds | |||
| E | |||||||
| FIXED ASSETS | |||||||
| Tangible assets | 4 | 4,124 | 4,124 | 5,155 | |||
| CURRENT ASSETS | |||||||
| Cash at bank and in hand | 6,681 | 6,681 | 8,434 | ||||
| CREDITORS | |||||||
| Amounts Falling Due within |
one Year | 6 | 10,050 | 10,050 | 9,659 | ||
| NET CURRENT ASSETS | (3369) | (3,369) | (1,225) | ||||
| TOTAL ASSETS LESS CURRENT | |||||||
| LIABILITIES | 755 | 755 | 3,930 | ||||
| NET ASSETS | 755 | 755 | 3,930 | ||||
| Unrestricted Funds |
|||||||
| Unrestricted Funds |
755 | 3,930 | |||||
| TOTAL FUNDS | 755 | 3,930 | |||||
| The financial statements |
were approved | by the | Board ofTrustees | P1 LQ t.+ on.............(c3...g..............and |
|||
| were signed on its behalf | by: |
| I | VOLUN | TARY | INCOME | E | |||
| 2021 | 2020 | ||||||
| Tithes, | Offering 6.Thanksgiving | 23,856 | 28,714 | ||||
| Donations | 1,260 | 10,270 | |||||
| Partners | 300 | ||||||
| Bank interest received | 12 | ||||||
| 25,116 | 39,296 | ||||||
| 2 | GOVERNANCE | COSTS | 2021 | 2020 | |||
| Accountancy | 850 | 1,250 | |||||
| 850 | 1,250 | ||||||
| 2021 | 2020 | ||||||
| 3 | Tangible | fixed | assets | ||||
| Land and | Plant and | Motor | |||||
| buildings | machinery | vehicles | Total |
| Cast | ||||||||
|---|---|---|---|---|---|---|---|---|
| At 1 November | 2020 | 14,334 | 14,334 | |||||
| At 31October 2021 | 14,334 | 14,334 | ||||||
| Depreciation | ||||||||
| At 1 November | 2020 | 9,179 | 9,179 | |||||
| Charge for the | year | 1,031 | 1,031 | |||||
| At 31October 2021 | 10210 | 10,210 | ||||||
| Net book value | ||||||||
| At 31 October 2021 | 4 124 | 4,124 | ||||||
| At 31 October 2020 | 5,155 | 5,155 | ||||||
| 4 | Creditors: amounts | falling due within one year | 2021 | 2020 | ||||
| Trade Creditors | - Rent | 10,050 | 9,659 | |||||
| 7 | Movement in Funds |
At 01 1120 | Mavement | At 311021 | ||||
| f | ||||||||
| Unrestricted hinds |
||||||||
| General fund |
3,930 | (3,175) | 755 | |||||
| TOTAL FUNDS | 3,930 | (3,175) | 755 | |||||
| Net movement | in funds, | included | in the above are | as follows: | ||||
| Incoming | Resources | Movement in |
||||||
| Resources | Expended | Funds | ||||||
| f | f | |||||||
| Unrestricted funds |
||||||||
| General fund |
25,116 | 28,291 | (3,175) | |||||
| Total Fund | 25,116 | 28,291 | (3,175) |
| For The Year Ended | 31stOctober, 202 | 1 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | Renricted | Total | Total | ||
| Fund | Fund | ||||
| INCOMING RESOURCES |
|||||
| Tithes &.Offering | 23,856.00 | 23,856.00 | 28,714.00 | ||
| Donation & Others |
1,260.00 | 1,260.00 | 10,270.00 | ||
| Partners | 180.00 | ||||
| Bank interest received | 12.00 | ||||
| Total Incoming Resources | 25,116.00 | 25,116.00 | 39,176.0 | ||
| RESOURCES EXPENDED | |||||
| Charitable Activities |
|||||
| Pastoral allosvances |
5,500.00 | 5,500.00 | 6,000.00 | ||
| Donations & Gifts |
1,222.00 | 1,222.00 | 996.00 | ||
| Honorarium &Volunteer |
1,075.00 | 1,075.00 | |||
| WEM & Central funding |
1,473.00 | 1,473.00 | 3,277.00 | ||
| Travelling and subsistence |
780.00 | 780.00 | |||
| Printing, postage &stationery |
180.00 | 180.00 | 96.00 | ||
| Evangelical/outreach | materials | 440.00 | 440.00 | 350.00 | |
| Church expenses | 5,557.00 | 5,557.00 | 6,672.OO | ||
| 16,227.00 | 16,22'/.00 | 17391.00 | |||
| Governance Costs |
|||||
| Accountancy fees |
850.00 | 850.00 | 650.00 | ||
| 850.00 | 850.00 | 650.00 | |||
| Support Costs Management |
|||||
| Rent & rates | 5,964.00 | 5,964.00 | 19,670.00 | ||
| Light &heat | 127.00 | 127.00 | |||
| Bank charges | 3.00 | 3.00 | |||
| Insurance | 1,223.00 | 1.223.00 | 1,673.00 | ||
| Telephone &fax |
633.00 | 633.00 | 750.00 | ||
| Repairs &maintenance | 517.00 | 517.00 | 3,132.00 | ||
| Service Charges -Web Site |
672.00 | 672.00 | 30.00 | ||
| Motor expenses | 805.00 | 805.00 | 681.00 | ||
| Equipment Hire - Music |
239.00 | 239.00 | |||
| Depreciation charge |
1,031.00 | 1,031.00 | 1,289.00 | ||
| 11,214.00 | 11,214.00 | 27.225.00 | |||
| TOTAL RESOURCES EXPENDED | 28,291.00 | 28,291.00 | 45,266.00 | ||
| NET INCOME | 3,175.00 | 3 175.00 | 6,090.00 |