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2021-07-31-accounts
| Name ofTrustees |
who managed
the ch |
arity were: |
| Trustees Name |
|
Offfce |
| Mr David Solomon |
Igimah |
chairperson |
| Mrs Onengiyeofori |
Fyn-Sydney |
secretary |
|
Notes |
2021 |
2020 |
| Incoming resources |
|
43,094 |
38,489 |
| Gifi Aid recovery |
|
10291 |
11318 |
|
|
53,385 |
49,807 |
Direct charitable
expenses |
|
~22 131 |
~19149 |
| Gross Incoming Resources |
|
31,254 |
30,658 |
Administrative
expenses |
|
(14,522) |
(12,471) |
| Other operating income |
|
|
|
|
|
16,732 |
1&,187 |
| Exceptional items: |
|
|
|
| Profit ost disposal oftangible fixed assets |
|
|
|
| Profit on the disposal ofinvestments |
|
|
|
| Income fiom investments |
|
|
|
| Interest receivable |
|
|
|
| Interest payable |
|
|
|
| Net incoming resources |
|
16,732 |
15,859 |
| Tax on profit on ordinary activities |
|
|
|
| Net incoming resources |
|
16,732 |
18,187 |
|
|
Notes |
Notes |
2021 |
|
2020 |
| Fixed Assets |
|
|
|
|
|
|
| Tangible assets |
|
|
|
6,175 |
|
5,718 |
|
|
|
|
6,175 |
|
5,718 |
| Current assets |
|
|
|
|
|
|
| Debtors |
|
|
|
1,954 |
1,672 |
|
| Cash at bank and in |
hand |
|
|
103,313 |
87,270 |
|
|
|
|
|
105367 |
88,942 |
|
| Creditors: amounts |
falling due |
|
|
|
|
|
| . within one year |
|
|
|
(500) |
( 450) |
|
| Net current assets |
|
|
|
104,767 |
|
88,492 |
| Total assets less current |
|
liabiTities |
|
110,942 |
|
94310 |
| Creditors: amounts |
falling due |
|
|
|
|
|
| after more than one |
year |
|
|
|
|
|
| Net assets |
|
|
|
110,942 |
|
94,210 |
Accumulated
Funds |
|
|
|
|
|
|
| Income and expenditure |
|
account |
8 |
110,942 |
|
94310 |
|
|
|
|
110,942 |
|
94210 |
| 2. |
Incoming resources |
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
f. |
|
Planned Giving: Donations, |
Tithes |
44,638 |
37,059 |
|
Tax recovered Gift Aid |
|
10291 |
11318 |
|
|
|
54,929 |
48,377 |
|
Depreciation ofowned fixed |
assets |
1,544 |
1,430 |
|
|
|
53
85 |
46947 |
|
|
|
2021 |
2020 |
| 3. |
Taxatlon |
|
|
|
|
UK corporation tax |
|
|
|
| 4. |
Tangible Fixed Assets |
|
Equipment |
Total |
|
Cost |
|
|
|
|
At I August 2020 |
|
14,290 |
14,290 |
|
Additions |
|
2,001 |
2,001 |
|
At 31July 2021 |
|
16,291 |
16,291 |
|
Depreciation |
|
|
|
|
At 1August
2020 |
|
8,572 |
8,572 |
|
Charge for the year |
|
1,544 |
1,544 |
|
At 31July 2021 |
|
10,116 |
10,116 |
|
Net book value |
|
|
|
|
At 31July 2021 |
|
6,175 |
6,175 |
|
At 31July 2020 |
|
5,718 |
5,718 |
| Notes to the |
Accoun |
ts for the year ended 3 |
1July 2021(Cont. |
) |
| 5.Debtors |
|
|
2021 |
2020 |
| Other Debtors |
|
|
1954 |
1 672 |
| 6.Creditors: amounts |
falling |
due within one year |
2021 |
2020 |
| Corporation Tax |
|
|
|
|
| Other creditors |
|
|
500 |
450 |
|
|
|
500 |
450 |
| 7.Creditors: amounts |
falling |
due atter one year |
2021 |
2020 |
| Other creditors |
|
|
|
|
| 8.Income and expenditure |
|
account (summary) |
2021 |
|
| At 1August 2020 |
|
|
94,210 |
|
| Prior year adjusiments |
|
|
|
|
| At 1August 2020 |
|
|
94,210 |
|
| Profit for the year |
|
|
16,732 |
|
| At31July 2021 |
|
|
110,942 |
|
| Net Income forthe Year |
18,276 |
| Add: Depreciation |
I 544 |
|
19,820 |
| Less: Capital Allowances |
1414 |
| Add: Net Income B/fwd |
18,406 |
|
Capital Allowances |
Computation |
|
|
General Pool |
| B/fwd |
|
5,857 |
| Additions |
|
2001 |
|
|
7,858 |
| W.D.A. 18% |
|
1,414 |
| W.D.V c/fwd |
|
6,444 |