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STATEfvIENT OF TRUSTEES RESPONSIBILITIES
Thc Iruslccs aTe responsible for prcparinbi ih¢ Iinii ncial slal¢ments in a.r'¢ with
appli¢abl¢ law ¥nd Uniied Kingdoin Genernlly A¢c¢mgd A¢¢ounlinB Praclicc (UK
GAAP).
Chwily law requires lh¢ Iwslecs io ppar¢ finunciul slatein¢nls for ¢fjeh fin4n¢iul Yr.
Under ihoi law ihc ¢Nqices liavc ¢lc¢icd to pr¢pJr¢ t1 fiiiancial ¥ldlcm¢nls in uc¢orduncL
wilh ili¢ United Kingdom Gcncrally A¢c¢plcd Ac¢oui)iinb PIDCtice {Uiiiicd Kingdoni
Accounlin¥ Siandards and appli¢ablc law). The financial %lalem¢nts arc requir by law io
givc a Iruc and fair vicw ofil)c stal¢ of affairs of ihc chorilablc company dnd of ihc surplus
or defi¢il of Ihe chariiable eompany for tliat riod. In praring thosc financial slalements.
Ihe ¢Nslees are required io
l. Select suitabl¢ accounting policies and then apply ihcm consistently:
2. Make judgmenls and eslimates thai are reasonable and prud¢nl;
3. Prepar¢ ihe financial statements on th¢ 8oin8 conc¢rn basis unless it is
inappropriate to presume thai the charitable company will ¢ontinue in business.
The INslees arc responsible for keeping proper a¢¢ounling records which disclos¢ with
reasonable accurdcy at any lime the financial position of the chariiable company and lo
enabl¢ them to ensure thai the financial slatem¢nls comply with ihe Charilies Aci 2011.
They are also responsible for safcguarding th¢ assets of th¢ charity and hence for taking
reasonable steps for the prevention and detection of fraud and oiher irregularilies.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO INDEPENDENT
EXAMINERS
So far as ihe trustees are aware, there is no relevant infonnation of which the charity's
independeni examiners are unaware, and each irusl¢e has taken all the steps thai ihey oughi
to have taken as a trustee in order io mak¢ them awaT¢ of any examinaiion inforniation and
to eslablish thai the charity's independcni examiners a aware of that infonnaiion.
INDEPENDENT EXAMINERS
The independent examiners, Kaxlon Advisory Ltd., will be proposed for re-appointmeni al
Ihc forthcoming Annual General Meeting.
Board:
On Behalf of
Rev Famous Gyabs
22nd October, 2021.
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||General|Restricted|||
||||Funds|Funds|Total|Total|
||||E|E|E||
|||Note|||||
|INCOMING RESOURCES|||||||
|Genera
I income||2|31,417||31,417|33,105|
|Total|||31,417||31,417|33,105|
|RESOURCES EXPENDED|||||||
|Charitable
Expenditure:|||||||
|Administration|5Management|3|41,819||41,819|26,206|
|Total|||41,819||41,819|26,206|
|NET INCOMING|RESOURCES||(10,402)||(10,402)|6,900|
|Movement
in Funds|||||||
|Net Incoming Resources|||(10,402)||(10,402)|6,900|
|Balance brought|forward||6,314||6,314|(586)|
|Transfers|||||||
|Balance Carried|Forward||(4,088)||(4,088)|6,314|
VICTORY CHRISTIAN CENTRE ASSEM8Lies OF GOD.SLOIJGH
BALANCE SHEET AS AT 31ST DECEMBER 2020
2020
2019
Non4unvnt A•••t•
Flxed Assol
8,031
353
Cwv•ni A•••l•
Bank (LloydsTSB)
Bank Sav+ng6 (UoydgTSB)
8.031
353
2,479
7.512
2,4
7.513
Cr•dftorn: Amount falling due wrflhln 1 year .
N•t Curr•nt AM•ts
6,016
Crfjdltors: Amount fal1h due In more than 1 year
Net As8•ts
12,000
4,088
6,314
Funds
General
(4,088)
6.314
4,088
6.314
Approvcd by Ihe board CouAciI oo
And8i8n&loD IL4 belf by
Pastor Famou8 Gyabs
(P08tor
( Tr¢a•u¢r)
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|2. INCOMING|RESOURCES|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||2020|||2019||
|||Gerleral
Funds|Restricted
Funds|**T**
I **F**
d
otal
unds|||**T**
I
otal||**F**
unds|
|Voluntary
Income||||||||||
|General Fund||||||||||
|General
Offering||13,262||||13,262||13,599||
|Tithes||7,748||||7,748||11,227||
|Thanks
Giving||340||||340|||559|
|Donations||3,355||||3,355|||1,720|
|GiR Aid Received||6,712||||6,712|||6,000|
|||31,417|||31,417|||33,105||
|Total||31,417|||31,417|||33,105||
|3.RESOURCES EXPENDED:||||||||||
||||||2020|||2019||
|||||Managementit|||Management 8|||
||||||Admin|||Admin||
||||||||||F|
|Rent/ Rates||||||5,018|||6,669|
|Donations||||||8,911|||1,338|
|Repairs &Renewals||||||2,000|||505|
|Travel &Transport/Fuel||||||492|||937|
|Accountancy||||||598|||598|
|Insurance||||||802|||936|
|Stationery/postage||||||797|||950|
|Pastoral|||||15,974||||8,766|
|Administration|Cost|||||2,327|||2,448|
|Telephone
/ Fax||||||425|||225|
|Evangelism||||||3,150|||2,347|
|Social Activities|||||||||200|
|Depreciation||||||1,324|||287|
||||||41,819|||33,417||
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|NOTES TO THE ACCOUNTS -3|1STDECEMBER 2020||
|---|---|---|
|4.CURRENT LIABILITIES|||
|Accountancy
Fee|349|349|
|Independent
Examination|249|249|
||598|598|
|S.NON CURRENT LIABILITIES|||
|BBL/Black Horse|12,000|11,113|
|As at 1stJanuary||1,412|
|Less monthly
payments
made||457|
|Balance as at 31stDecember|12,000|955|
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|6:FIXEDASSETS|||||
|---|---|---|---|---|
||Equipment|Mini Van|Car|Total|
|Cost|1,924|3,500|11,113|16,537|
|Additions|7,000|||7,000|
|Disposal|||||
|Balance as at 31st Deecmber 2020|8,924|3,500|11,113|23,537|
|Depreciation/Rate|||||
|As at 1st January 2020|1,571|3,500|11,113|16,184|
|Charge for the year|1,324|||1,324|
|Balance as at 31st December 2020|2,895|3,500|11,113|17,508|
|Net Book Value|||||
|As at 1stJanuary 2020|353||1|355|
|As at 31st December 2020|6,029||1|6,031|