| CONTENTS | PAGE | |
|---|---|---|
| LEGAL AND ADMINISTRATIVE INFORMATION |
||
| REPORT OF THE TRUSTEES | ||
| INDEPENDENT EXAMINERS |
REPORT | |
| STATEMENT OF FINANCIAL | ACTIVITIES | |
| BALANCE SHEET | ||
| NOTES TO THE FINANCIAL | STATEMENTS | 8-10 |
| DETAILED STATEMENT OF | FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |||
| INCOMING RESOURCES | Notes | |||||
| Incoming resources from generated | funds | |||||
| Donations end legacies |
82,237 | 82,237 | 72,808 | |||
| Investment Income |
13 | 13 | 1 | |||
| Other Income | 34 | 100 | ||||
| TOTAL INCOME | ~22 | ~22 | 72927I | |||
| RESOURCES EXPENDED | ||||||
| Charitable Activities |
(3,463) | (3,463) | (6,431) | |||
| Support Cost | (61,502) | (61,502) | (53,443) | |||
| Governance Cost |
~2(82 | ~2182 | ~1599 | |||
| TOTAL RESOURCES EXPENDED | 7 147 | 7147 | 61473 | |||
| NET INCOME | ~15137 | 1513 | ~11436 | |||
| RECONCILIATION OF FUNDS |
||||||
| Funds brought forward - Unrestricted |
E39,352 | E39,352 | E28,096 | |||
| Funds brought forward - Restricted | 5~141 696 | E141696 | E141516 | |||
| TOTAL FUNDS CARRIED FORWARD | ~5448 | 8~141 69 | ~196185 | ~181048 |
| APOSTOLIC FAITH ISISSION - LUTON | APOSTOLIC FAITH ISISSION - LUTON | APOSTOLIC FAITH ISISSION - LUTON | |||
|---|---|---|---|---|---|
| BALANCE SHEET | |||||
| YEAR ENDED | 31STINARCH 2022 | ||||
| ~Ne | 2022 | 2tt22 | |||
| FIXEDASSETS | |||||
| Tangible assets | 4,558 | 4,527 | |||
| CURRENT ASSETS | |||||
| Debtors | 12 | 14,377 | 13,015 | ||
| Cash st bank end | in hand | 176,598 | 165,603 | ||
| CREDITORS: due | within one year | 13 | (1,349) | (2,097) | |
| Net Current Assets | ~tg1 627 | ~176521 | |||
| TOTAL ASSETSLESSCURRENT | LIABILITIES | ~196185 | ~181 048 | ||
| FUNDS: | 20 1 | ||||
| Restricted Funds |
14 | 141,696 | 6141,696 | ||
| Unrestricted Funds |
14 | 54,489 | 539,352 | ||
| Totalfunds | ~196185 | ~181 048 |
| 2.Income from donations | 2.Income from donations | and legacies | and legacies | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | A)21 | |||||
| Offerings 8 Grants received | ~f82 237 s~ |
f | . | s 8223 s 2808 ~37s~ |
|||
| 3.INVESTEMENT INCOME | |||||||
| Unrestricted funds |
2022 K |
2021f | |||||
| Bank interest receivable | 13 | ||||||
| 12 | |||||||
| 4.Other income | |||||||
| Unrestricted funds |
2~0 | ||||||
| Other income | |||||||
| 34 | 100 | ||||||
| 6.Costs ofcharitable | activities | by fund type | |||||
| Unrestricted funds |
R9RR | f00 | |||||
| Support Cost | 61,502 | 55,042 | |||||
| Charitable Activities |
~5645 | ~6431 | |||||
| KHZ | |||||||
| 6.Costs ofcharksble | activities | by activity type | |||||
| Activities undertaken directly |
3,463 | ||||||
| Support Costs | 81,502 | 55,042 | |||||
| Governance Coats |
~2182 | ~1599 | |||||
| Unrestricted Funds |
~67147 | ~61 473 | |||||
| 7.Analysis of support | costs | 2022 | 2021 | ||||
| Charitable Activities |
|||||||
| Support Costs | 59,320 | 53,443 | |||||
| Governance costs |
2 182 | 1 599 | |||||
| Total | 6~502 | ~55 04 | |||||
| 8.Net income (expendkure) | for | the year | |||||
| This is stated after charging/(crediting). | |||||||
| Depreciation ofowned fixed assets |
2,107 | 1,923 | |||||
| Accountancy fees | 1,440 | 1,440 |
| 9.Staff costs and emoluments | 9.Staff costs and emoluments | 022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| Total staff costs for | the year ended 31March | 2021were; | ||||||
| Salary and wages | 23,482 | 21,926 | ||||||
| Socla I security | costs | 1,016 | 723 | |||||
| Pension costs | 692 | ~4 | ||||||
| RKSR | ~2 | |||||||
| Employees | ||||||||
| 10.TRUSTEES REMUNERATION | AND | BENEFITS | ||||||
| Trustees'expenses | ||||||||
| There were no Trustees remuneration | in the year to 31 March 2022 nor in the | pnor year | ||||||
| There were no related parties transactions | in the year | to 31 March 2022 nor | the prior year. | |||||
| 11.Tangible fixed assets | ||||||||
| Musk | Computer | |||||||
| Equipment | Equipment | Total | ||||||
| 6 | 2 | 2 | ||||||
| Cost or valuation | ||||||||
| At 01 April 2021 | 9,642 | 8,050 | 17,692 | |||||
| Additions | 0 | 2,138 | 2,138 | |||||
| At 31 March 2022 | 9~642 | ~10188 | ~fg 830 | |||||
| Depreuation | ||||||||
| At 01 April 2021 | 7,226 | 5,939 | 13,165 | |||||
| Charge for year | 1,152 | 955 | 2,107 | |||||
| At 31 March 2022 | ~83 | 8 | ~8894 | ~5 | ||||
| Net book values | ||||||||
| At 31 March 2022 | ~26 | |||||||
| At 31 March 2021 | ~2416 | ~4627 | ||||||
| 2 22 | ||||||||
| 12.DEBTORS | ||||||||
| Amounts dua |
within one year: | |||||||
| Prepeyments | end accrued income | 13,849 | 13,015 | |||||
| ~13849 | ~13015 | |||||||
| 2022 | 2021 | |||||||
| 13.CREDITORS | ||||||||
| Amounts due |
within one year: | |||||||
| Other creditors | 1,349 | 2,097 | ||||||
| 14.Movement In |
funds | |||||||
| Balance at | incoming | Outgoing | Balance at | |||||
| 01/04/2021 | resources | resources | 31/03/2022 | |||||
| 6 | 5 | 8 | 8 | |||||
| Unrestricted | Funds | 39,352 | 82,284 | (57,147) | 54,489 | |||
| Restricted Funds |
~14169 | 0 | 0 | 141696 | ||||
| Total funds | ~181048 | 8~2284 | ~67 147 | ~196185 |
| APOSTOLIC FAITH MISSION - LUTON | ||||
|---|---|---|---|---|
| INCOME AND EXPENDITURE | ||||
| YEAR ENDED 31STMARCH 2022 | ||||
| Income and Endownment; | 2022 6 |
2021f | ||
| Donations and legacies |
||||
| Tithes & Offerings | 65,830 | 58,531 | ||
| Gift Aid | 13,849 | 12,487 | ||
| Other Donations | 12K | |||
| IERZ | ZRJHH! | |||
| Investments; | ||||
| Bank Interest Receivable | ||||
| Other Income | ||||
| Other Income | ||||
| Total Incoming resources | ~82 284 | 2909 | ||
| EXPENDITURE: | ||||
| Charitable activities |
||||
| Conferences, Seminars |
& Training | 0 | 0 | |
| Donations | 274 | 859 | ||
| Ministry Expenses | 3,134 | 5,372 | ||
| Honorarium | 55 | 200 | ||
| ~43 | ~6431 | |||
| SUPPORT COSTS | ||||
| Support costs | ||||
| Staff Costs - Wages &Salaries | 23,482 | 21,926 | ||
| Staff Costs - Social Security Costs | 1,016 | 723 | ||
| Staff Costs - Pension Contributions | 892 | 1,441 | ||
| Depreciation - Owned Assets | 2,107 | 1,923 | ||
| Insurance | 309 | 296 | ||
| Communications | 2,628 | 3,374 | ||
| Office Supplies | 280 | 0 | ||
| Website & It Consumables | 1,959 | 980 | ||
| Staff Welfare | 12,851 | 0 | ||
| Other Expenses | 520 | 1,534 | ||
| Bank Charges | 671 | 453 | ||
| Rent & Rates | 12,646 | 19,560 | ||
| Travel Expenses | 2,142 | 1,233 | ||
| ~81 502 | ~3443 | |||
| GOVERNANCE COSTS | ||||
| Accountancy Fees |
1,440 | 1,440 | ||
| LegalFees | 742 28K |
159 ~99 |
||
| Total resources expended | ~64 | |||
| Net Income | ~151 7 | ~11436 |