| Page | ||
|---|---|---|
| Legal and administration |
information | |
| Trustees' report |
||
| Independent examiner's |
report | |
| Statement oftinancial activities | ||
| Baiance sheet | ||
| Notes to the financial statements | ||
| 8-13 |
| Unrestricted | Funds | Restricted | TOTAL | TOTAL | ||||
|---|---|---|---|---|---|---|---|---|
| Notes | General 5 |
Designated | Funds | 2020 | 20'19 | |||
| INCOMING RESOURCES | ||||||||
| Incoming resources from generated | funds: | |||||||
| Voluntary income Activities for generafing Investment Income Total Incoming resources |
funds | 61577 21785 860 84222 |
1163 1163 |
16179 65 16244 |
61577 39127 925 10'l629 |
94420 45697 1849 141966 |
||
| RESOURCE EXPENDED | ||||||||
| Cost ofgenerating funds |
||||||||
| Charitable activities: |
250 | |||||||
| Ministerial cost Cost ofchurch activities Donations Governance Cost |
8 7 8 9 |
36880 44725 7880 1200 |
36880 45175 7880 1200 |
38815 77621 1600 1721 |
||||
| Total resources expended | 90685 | 450 | 91'l35 | 118007 | ||||
| Net incoming /(OuLcoing )resources before transfers |
713 | 16244 | 23959 | |||||
| Net movement in funds |
713 | 10494 | 23959 | |||||
| Totalfunds b/fwd. 1 January2020 |
16 | 67'l529 | 8922 | 72212 | 752663 | 737114 | ||
| Totalfunds c/fwd. 31December2020 |
665066 | 763157 | 781073 |
| Unrestricted | Funds | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| FIXEDASSETS Tangible assets |
10 Notes |
456351 General |
Designated | Funds | 456351 2020 |
20'lg 468196 |
||
| 458351 | ||||||||
| saosea | ||||||||
| CURRENT ASSETS | ||||||||
| Bank and cash balance Debtors |
11 12 |
468944 815 |
9635 | 567535 815 |
556448 10116 |
|||
| CURRENT LIABILITIES | 469759 | 88956 | 568350 | 566564 | ||||
| Creditors payabh within one year |
'l3 | 2250 | 2250 | 1325 | ||||
| NET CURRENT ASSETS | 467509 | 88956 | 566100 | 565239 | ||||
| TOTAL ASSETSLESSCURRENT LIABILITIES Creditors payable after one year |
14 | 923860 259294 |
9635 | 88956 | 1022451 259294 |
1033435 272362 |
||
| Total Net Assets | ||||||||
| 9635 | 88956 | 763157 | 761073 | |||||
| ACCUMULATED FUNDS |
||||||||
| General unrestridsd funds Designated Funds Restricted Funds |
665066 | 9635 | 665066 9635 |
679939 8922 |
||||
| Total Funds | 88456 | 72212 | ||||||
| 665068 | 88456 | 763157 | 761073 | |||||
| The anancial statements and signed on its behalf |
were approved by: |
by the | trustees on |
| 2 | VOLUNTARY INCOME |
Untustricted General f |
Funds Designaied f |
Restricted Fundsf |
Total 2020 |
2019 | |
|---|---|---|---|---|---|---|---|
| Tithea and eire 'nga: | |||||||
| Offertories Tithes Children's offertory Thanks Offering Sundry Income Gift Aid |
7448 42508 779 1528 778 8536 |
7448 42508 779 1528 778 8536 |
22989 54628 1404 6088 3297 6014 |
||||
| 61577 | 61577 | 94420 | |||||
| ACTIVITIES FOR GENERATING | FUNDS | ||||||
| Funds raising Events: | |||||||
| Harvest f1Project income Rentai Income Groups Funds |
2335 250 19200 |
15199 980 |
17534 1230 19200 |
16258 6562 19200 |
|||
| 1163 | 3677 | ||||||
| 21785 | 1163 | 16179 | 39127 | ||||
| 4 | INVESllNENT INCOME | ||||||
| Bank Interest | |||||||
| 65 | 925 | 1849 | |||||
| 860 | 16244 | 925 | 1849 | ||||
| 1163 | 16244 | 101629 | 141966 | ||||
| 5 | COSTOF GENERATING FUNDS | ||||||
| Cost offund raising events | |||||||
| Harvest expenditure | |||||||
| 250 | |||||||
| 250 | |||||||
| 6 | MINISTERIAL EXPENSES | ||||||
| District Assessment District Other Expenses |
23233 | 23233 | 24325 | ||||
| Minister's Sgpend Other Ministerial Expenses Catechist expenses |
6000 3447 4200 |
6000 3447 4200 |
3390 4200 1300 3600 |
||||
| 36880 | 36880 | 36815 |
| Unrestricted | Funds | TOTAL | |||
|---|---|---|---|---|---|
| 7 | COST OF CHURCH ACTIVITIES | General f |
Designated | 2020 f |
2019 f |
| Church cost: | |||||
| Hall and Church hiring Church Band expenses Organist expenses Cleaning expenses Junior Youth expenses |
1700 1270 1350 110 |
1700 1270 1350 110 |
14760 4290 5520 145 1635 |
||
| 4430 | 4430 | 26350 | |||
| Management &Administration: |
|||||
| Mortgage servicing |
9185 | 9185 | 11682 | ||
| Light & Heating Water rates Internet &Sky Council Tax Telephone expenses |
1267 425 214 1500 361 |
1267 425 214 1500 361 |
2009 416 1202 1293 1522 |
||
| Motor &Travel expenses Insurance Postage, printing 8 stationery |
1197 430 168 |
1197 430 168 |
5935 1275 1616 |
||
| Sundry expenses Repair &Maintenance Bank charges Church visits and welfare Covid19 food distribution |
900 2290 514 7199 2250 |
900 2290 514 7199 2250 |
2817 472 867 2468 |
||
| Subscription | 75 | 75 | |||
| Zoom expenses | 341 | 341 | |||
| 28317 | 28317 | 33574 | |||
| Other programmes | |||||
| Hospitality expenses |
133 | 133 | 1574 | ||
| Group expenses | 450 | 450 | 3932 | ||
| 133 | 450 | 583 | 5506 | ||
| Other Expenses | |||||
| Depreciation | 11845 | 11845 | 12191 | ||
| 11845 | 11845 | 12191 | |||
| 44725 | 450 | 45175 | 77621 |
| Unrestricted General |
Funds Designated |
TOTAL 2020 |
TOTAL 2019 |
||
|---|---|---|---|---|---|
| DONATIONS | |||||
| Kwame Boakye CatAnkoma Adjei Cancer Research Children In Need FCG Hossana congregation Donafions atXmas OtherdonaSons |
3680 1000 200 200 200 'I600 |
3680 1000 200 200 200 1600 |
|||
| Mrs EAmaning | 1000 | 1000 | 100 | ||
| Dormaa Ahenkro Hospital Ga Adangbe |
700 500 |
||||
| Catechist Induction | 100 | ||||
| 200 | |||||
| 7880 | 7880 | 1600 | |||
| GOVERNANCE COST | |||||
| Independent Examiner's fees Training |
1200 | 1200 | 1200 | ||
| 521 | |||||
| 1200 | 1200 | 1721 | |||
| 10 | TANGIBLE FIXEDASSET | ||||
| COST | |||||
| Land & | Motor | Total | Total | ||
| building freehold |
Vehicle | 2020 | 2019 | ||
| Broughtforward 1 January 2020 Additions in the year |
494016 | 25090 | 519106 | 519106 | |
| Disposal in the year |
|||||
| Carried forward 31December 2020 | 494016 | 25090 | 519106 | 519106 | |
| DepreciaOon | |||||
| Broughtforward 1 January 202t Depreciation forthe year Released in the year |
36918 9880 |
11992 1965 |
50910 11845 |
50910 | |
| Camed forward 31December 2020 | 48798 | 13957 | 62755 | 50910 | |
| Net BookValue | |||||
| As at31December 2020 | 445218 | 'I'l133 | 456351 | ||
| As at31 December 2019 | 455098 | 13098 | 469196 | 468196 |
| Unrestricted General |
Funds | Designated | Restricted Funds |
TOTAL 2020 |
TOTAL 20'19 |
||
|---|---|---|---|---|---|---|---|
| 11 | BANK AND CASH BALANCES | E | |||||
| Bardays Bank | |||||||
| Current Account | |||||||
| Rate Reward Account Pmmlum Accaufa Cash in Hand |
27700 441209 35 |
58956 | 27700 450544 55956 |
4036 479832 72212 |
|||
| sa | 366 | ||||||
| 55956 | |||||||
| 12 | DEBTORS | ||||||
| Gift Aid refund | |||||||
| Accrued Harvest receivable Loan: |
9616 | ||||||
| PCG Trinity -Belgium | 615 | 500 | |||||
| 815 | 815 | ||||||
| 815 | 10116 | ||||||
| 13 | CURRENT LIABILmES | ||||||
| Creditam payable within ane year | |||||||
| Independsra Exarnlnsr CatechistAllowance District Assessment |
1200 1050 |
12ao 1050 |
1200 | ||||
| 125 | |||||||
| 2250 | 1325 | ||||||
| 14 | Creditors payable after more than one year Bank Loan |
||||||
| 259294 | |||||||
| 259294 272362 |
|||||||
| 259294 | |||||||
| The bank loan issecured an the Church manse | |||||||
| 15 | DESIGNATED FUNDS | At 01.Jan2019 |
Incoming feaaUfces |
Outgoing resources |
Total 31.12.2020 |
||
| Church Choir Wamen FeEawship Snging Band Bible and Prayer Group YAF Men FeEawship YPG |
2016 1652 -92 3164 979 1201 6922 |
127 344 179 365 148 1163 |
250 200 |
2 1895 1996 67 2984 979 1566 148 9635 |