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2023-07-31-accounts
|
|
Notes |
2023 |
2022 |
| Incoming resources |
|
|
44,826 |
48,230 |
| Gift Aid recovery |
|
|
|
12391 |
|
|
|
44,826 |
60,621 |
| Direct charitable expenses |
|
|
~22 174 |
~22440 |
| Gross Incoming Resources |
|
|
22,652 |
38,181 |
Administmtive
expenses |
|
|
{14,024) |
(21,050) |
| Other operating income |
|
|
|
|
|
|
|
8,628 |
17,131 |
| Exceptional items: |
|
|
|
|
| Profit on disposal oftangible fixed assets |
|
|
|
|
| Profit on the disposal ofinvestments |
|
|
|
|
| Income Irom investments |
|
|
|
|
| Interest receivable |
|
|
942 |
24 |
| Interest payable |
|
|
|
|
| Net incoming resources |
|
|
9,570 |
17,155 |
| Tax on profit on ordinary |
activities |
|
|
|
| Net incoming resources |
|
|
9,570 |
17,155 |
|
|
Notes |
Notes |
2023 |
|
2022 |
| Fixed Assets |
|
|
|
|
|
|
| Tangible assets |
|
|
|
8,961 |
|
11,040 |
|
|
|
|
8,961 |
|
11,040 |
| Current assets |
|
|
|
|
|
|
| Debtors |
|
|
|
2P32 |
2,114 |
|
| Cash atbank and in |
hand |
|
|
126,974 |
115,403 |
|
|
|
|
|
129,206 |
117,517 |
|
| Creditors: amounts |
falling due |
|
|
|
|
|
| within one year |
|
|
6 |
(500) |
(500) |
|
| Net current assets |
|
|
|
128,706 |
|
117,017 |
| Total assets less current |
|
liabilities |
|
137,667 |
|
128,057 |
| Creditors: amounts |
falling due |
|
|
|
|
|
| after more than one |
year |
|
7 |
|
|
|
| Net assets |
|
|
|
137,667 |
|
128,057 |
Accumulated
Funds |
|
|
|
|
|
|
| income and expenditure |
|
account |
8 |
137,667 |
|
128,057 |
|
|
|
|
137,667 |
|
128,057 |
| 2. |
Incoming resources |
|
|
|
|
2023 |
2022 |
|
Planned Giving: Donations, Tithes |
47,066 |
50,990 |
|
Taxrecovered Gift Aid |
|
12391 |
|
Depreciation ofowned fixed assets |
47,066
2,240 |
63,381
2,760 |
|
|
44 826 |
60621 |
|
|
2023 |
2022 |
| 3. |
Taxation |
|
|
|
UK corporation tax |
|
|
| 4. |
Tangible Fixed Assets |
Equipment |
Total |
|
Cost |
|
|
|
At I August 2022 |
23,916 |
23,916 |
|
Additions |
161 |
161 |
|
At 31July 2023 |
24,077 |
24,077 |
|
Depreciation |
|
|
|
At I August
2022 |
12,876 |
12,876 |
|
Charge for the year |
2,240 |
2,240 |
|
At 31July 2023 |
15,116 |
15,116 |
|
Net book value |
|
|
|
At 31July 2023 |
8,961 |
8,961 |
|
At 31July 2022 |
11,040 |
11,040 |
|
Ultimate Power Assembly |
Ultimate Power Assembly |
|
|
| Notes tothe |
Accounts forthe year ended 31 |
|
July 2023(Cont.) |
|
| 5.Debtors |
|
|
2023 |
2022 |
| Other Debtors |
|
|
2232 |
2 114 |
| 6.Creditors: amounts |
falling |
due within one year |
2023 |
2022 |
Corporation Tax
Other creditors |
|
|
500 |
500 |
|
|
|
500 |
500 |
| 7.Creditors: amounts |
falling |
due after one year |
2023 |
2022 |
| Other creditors |
|
|
|
|
| 8.Income and expenditure |
|
account (summary) |
2023 |
|
| At 1August 2022 |
|
|
128,097 |
|
| Prior year adjustments |
|
|
|
|
| At 1August 2022 |
|
|
128,097 |
|
| Profit for the year |
|
|
9,570 |
|
| At 31July 2023 |
|
|
137,667 |
|
| Net Income forthe Year |
9,570 |
| Add: Depreciation |
2240 |
|
11,810 |
| Less: Capital Allowances |
2 106 |
| Add: Net Income B/fwd |
9,704 |
|
Capital Allowances |
Computation |
|
|
|
General Pool |
Claim |
| B/fwd |
|
11,537 |
|
| Additions |
|
161 |
|
|
|
11,698 |
|
| W.D.A. 18% |
|
2,106 |
2,106 |
| W.D.V c/fwd |
|
9,592 |
|
|
|
|
| Trustees Name |
|
Office |
| Mr David Solomon |
Igimah |
chairperson |
| Mrs Onengiyeofori |
Fyn-Sydney |
secretary |