| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Report ofthe Trustees | 2-6 | ||
| Independent Examiners' |
report | 7-8 | |
| Statement offinancial | activities | ||
| Balance sheet | 10 | ||
| Notes to the financial | statements | 11-15 |
| Trustees: | Djedje Idevert | Dieudonne | Dieudonne | Agui |
|---|---|---|---|---|
| Olutola Bamigboye | ||||
| Olufunmilayo | Adewumi | |||
| Chucks Oriahi | ||||
| Olutayo Oyetan | ||||
| Registered office: | 506 - 510Old | Kent | Road | |
| Bermondsey | ||||
| London | ||||
| SE15BA | ||||
| Charity number: | 1152376 | |||
| Accountants: | Jash Burton B'Chaucer | |||
| Coleridge Road | ||||
| Croydon | ||||
| Surrey | ||||
| CRO 7BQ | ||||
| Bankers: | Natwest Bank | Plc | ||
| Western Avenue | ||||
| Waterside, Chartham |
Maritime | |||
| Kent | ||||
| ME4 4RT |
| Unrestricted | Restricted | 2020 | 2019 | ||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| Notes | |||||
| INCOMING RESOURCES | |||||
| Donations, tithes and offerings |
27,050 | 27,050 | 30,487 | ||
| Other incomin resources |
|||||
| Gift aid receivable | 7,320 | 7,320 | |||
| Sundry income | 31 | 31 | 45 | ||
| Interest receivable | 19 | 19 | 9 | ||
| Total incoming resources | 34,420 | 34,420 | 30,541 | ||
| RESOURCES EXPENDED | |||||
| (Costs ofactivities infurtherance | of the | ||||
| objects ofthe charity) | |||||
| Direct Charitable activities |
7,557 | 7,557 | 17,045 | ||
| Management and Support activities |
5,165 | 5,165 | 2,548 | ||
| Governance costs |
1,160 | 1,160 | 830 | ||
| Finance costs | 78 | 78 | 34 | ||
| Total resources expended | 13,960 | 13,960 | 20,457 | ||
| Net movement in funds for the |
period | 20,460 | 20,460 | 10,084 | |
| Total funds brought forward |
106,242 | 106,242 | 96,158 | ||
| Total Funds as at31December | 2020 | 126,702 | 126,702 | 106,242 |
| Unrestricted | Restricted | 2020 | 2019 | |||
|---|---|---|---|---|---|---|
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 10 | 552 | ||||
| Current assets | ||||||
| Stock | 185 | 185 | 174 | |||
| Debtors and prepayments | 68,355 | 68,355 | 38,153 | |||
| Cash at bank and in | hand | 59,461 | 59,461 | 69,563 | ||
| 128,000 | 128,000 | 107,890 | ||||
| Creditors: amounts | falling due | |||||
| within | one year | (1,740) | (1,740) | (2,200) | ||
| Net current assets | 126,260 | 126,260 | 105,690 | |||
| Total assets less current liabilities | 126,702 | 126,702 | 106PA2 | |||
| Net assets | 126,702 | 126,702 | 106,242 | |||
| Financed by: | ||||||
| Funds | 13 | 126,702 | 126,702 | 106,242 | ||
| Total funds | 126,702 | 126,702 | 106,242 |
| Voluntary income |
Voluntary income |
2020 | 2019 | |||
|---|---|---|---|---|---|---|
| Tithes and Offerings | 27,050 | 30,487 | ||||
| Gift Aid | 7,320 | |||||
| Other Income | 31 | 45 | ||||
| 34,401 | 30,532 | |||||
| Emoluments to |
the Trustees | |||||
| No emoluments | were paid to the | Trustees. | The Trustees however, | are reimbursed for |
expenses | |
| incurred by them |
in the course of | their duties. | ||||
| Investment income |
2020 | 2019 | ||||
| Deposit account | interest included | in voluntary | income | 19 | ||
| Direct Charitabk | Costs: | 2020 | 2019 | |||
| Wages | 1,330 | 1,374 | ||||
| Rent and rates | 3,315 | 2,768 | ||||
| Honorarium | 200 | 1,700 | ||||
| Travel and subsistence | 59 | 25 | ||||
| Welfare support | 381 | 153 | ||||
| Training | 650 | 5,993 | ||||
| Outreach Work | 243 | |||||
| Conferences and |
Meetings | 1,110 | 1,550 | |||
| Missions | 312 | 362 | ||||
| Publicity | 28 | |||||
| Gift,and Donations | 2,850 | |||||
| 7,557 | 17,046 |
| Management | Management | &Support | 2020 | 2019 | ||
|---|---|---|---|---|---|---|
| Wages | 570 | 589 | ||||
| Rent and | rates | 585 | 923 | |||
| Insurance | 226 | 216 | ||||
| Light and | Heat | 256 | 388 | |||
| Telephone | 265 | 124 | ||||
| Postage and | Stationery | 94 | 42 | |||
| Computer | and | equipment | expenses | 994 | 30 | |
| Subscriptions | 161 | 99 | ||||
| Depreciation | -Computer | Equipment | 110 | 138 | ||
| 5,165 | 2,548 |
| The governance | The governance | costs ofthe charity consisted ofthe | following costs: | 2020 | 2019 |
|---|---|---|---|---|---|
| Accountancy | fees | 800 | 800 | ||
| Legal and professional | 360 | 30 | |||
| 1,160 | 830 | ||||
| Finance costs | |||||
| 2020 | 2019 | ||||
| K | |||||
| Bank charges | 78 | 34 | |||
| Net incoming | resources | ||||
| The net incoming resources are stated after charging | the following | 2020 | 2019 | ||
| costs: | |||||
| Depreciation | 110 | 138 | |||
| Accountancy | fee | 800 | 800 | ||
| 910 | 938 |
| 10. | Tangible fixed assets | 2020 | 2019 |
|---|---|---|---|
| ALI assets are heldfor charitable purposes | K | ||
| ~Com uter | |||
| equiment | |||
| Cost | |||
| Balances b/f | 862 | 862 | |
| Additions | |||
| Balances c/f | 862 | 862 | |
| Accumulated | |||
| de reciation | |||
| Balance b/f | 310 | 172 | |
| Charge for the year | 110 | 138 | |
| Balances c/f | 420 | 310 | |
| Net book value | |||
| At 31/12/2019 | 552 | ||
| Creditors due within 1year | 2020 | 2019 | |
| Other creditors | 940 | 1,400 | |
| Accruals | 800 | 800 | |
| 1,740 | 2,200 |
| Balances at | Movement | in Resources/funds | in Resources/funds | Balances at | ||
|---|---|---|---|---|---|---|
| 01/01/2020 | ~Incomin | ~Out oin | 31/12/2020 | |||
| Unrestricted | funds | 106,242 | 34,420 | (13,960) | 126,702 | |
| Restricted funds | ||||||
| 106,242 | 34,420 | (13,960) | 126,702 | |||
| 2020 | 2019 | |||||
| Represented | by: | |||||
| Fixed Assets | 442 | 552 | ||||
| Current Assets | 128,000 | 107,890 | ||||
| Liabilities | (1,740) | (2,200) | ||||
| 126,702 | 106,242 |