2021-12-31-accounts

			Page
Legal and administrative		information
Report ofthe Trustees			2-7
Independent Examiners'		report	8-9
Statement offinancial		activities	10
Balance sheet
Notes to the financial	statements		12-16

Trustees:	Olutola Bamigboye	Olutola Bamigboye
	Olufunmilayo	Adewumi
	Oluwakayode	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	2021	2020
		funds	funds	Total	Total
	Notes	f,
INCOMING RESOURCES
Volunta income
Donations, tithes and offerings		336,620		336,620	27,050
Other incomin resources
Gift aid receivable		68,481		68,481	7,320
Sundry income		22,428		22,428	31
Interest receivable		12		12	19
Total incoming resources		427,541		427,541	34,420
RESOURCES EXPENDED
(Costs ofactivities infurtherance	of the
objects ofthe charity)
Direct Charitable activities		190,865		190,865	7,557
Management and Support activities		65,549		65,549	5,165
Governance costs		13,623		13,623	1,160
Finance costs		1,808		1,808	78
Total resources expended		271,845		271,845	13,960
Net movement in funds for the	period	155,696		155,696	20,460
Total unrestricted funds brought	forward	126,702		126,702	106,242
Total Funds as at31December	2021	282,398		282,398	126,702

			gnnre tricted	Restricted	2~21	2020
FIKEDASSETS
Tangible assets		ln	1,536	2,000,000	2,001,536
Current assets
Stock			131		131	185
Debtors and prepayments						68,355
Cash at bank and in	hand		348,351		348,351	59,461
			348,482		348,482	128,000
Creditors: amounts	falling due
within	one year		(67,620)		(67,620)	(1,740)
Net current assets			280,862		280,862	126,260
Total assets less current liabilities			282,398	2,000,000	2,282,398	126,702
Net assets			282,398	2,000,000	2,282,398	126,702
Financed by:
Funds			282,398	2,000,000	2,282,398	126,702
Total funds			282,398	2,000,000	2.282,398	!26,702

Voluntary	income	2021	2020
Tithes and	Offerings	336,620	27,050
Gift Aid		68,481	7,320
Other Income		22,428	31
		427,529	34,401

Investment income	Investment income			2021	2020
Deposit account interest included		in voluntary	income	12	19
Direct Charitable	Costs:			2021	2020
Wages				122,727	1,330
Rent and rates				2,700	3,315
Honorarium				700	200
Travel and subsistence				561	59
Welfare support				9,622	381
Training				2,573	650
Outreach Work				7,671
Conferences and Meetings				23,743	1,110
Missions				3,217	312
Publicity				10,538
Gift and Donations				6,814
				190,865	7,557

6.	Management 4	Support			2021	2020
	Wages				4,760	570
	Rent and rates				345	585
	Insurance				6,364	226
	Light and Heat				8,634	256
	Telephone				3,458	265
	Postage and Stationery				1,992	94
	Repairs and Renewals				25,313
	Computer and equipment		expenses		6,196	994
	Musicians expenses				4,324	1,903
	Subscriptions				3,779	161
	Depreciation -Computer		Equipment		384	110
					65,549	5,164
7.	Governance costs
	The governance	costs of	the charity consisted ofthe	following costs:	2021	2020
	Accountancy fees				800	800
	Legal and professional				12,823	360
					13,623	1,160
8.	Finance costs
					2021	2020
	Bank charges				1,808	78
9.	Net incoming resources
	The net incoming	resources are stated after charging		the following	2021	2020
	costs:
	Depreciation				384	110
	Accountancy fee				800	800
					1,184	910

10.	Tangible fixed assets
	All assets are heldfor charitable	Lund &	~Com	uter	2021	2020
	purposes	b~uildin	equi	ment
	Cost
	Balances b/f			862	862	862
	Additions	2,000,000		1,479	2,000,000
	Balances c/f			2,340	2,000,862	862
	Accumulated
	de reciation
	Balance b/f			420	420	310
	Charge for the year			384	384	110
	Balances c/f					420
	Net book value
	At 31/12/2021	2,000,000		1,536	2,000,058	442

		Balances at	Movement	in	Resources/funds	Balances at
		01/01/2021	~incomin		~Oot oin	31/12/2021
Unrestricted	funds	126,702	427,541		(271,845)	282,398
Restricted funds			2,000,000			2,000,000
		126,702	2,427,541		(271,845)	2,282,398
					2021	2020
Represented	by:
Fixed Assets					2,001,536	442
Current Assets					348,482	128,000
Liabilities					(67,620)	(1,740)
		15			2,282,398	126,702

			2021			2020
INCOME
Donations, tithes and offerings:
- Unrestricted				336,620
Other income
Interest receivable			12		19
Gift aid			68,481		7,320
Mission contributions			17,238
Sundry income			5,190	90,921	31
				427,541
EXPENDITURE
Direct Charitable	Costs:
Wages			122,727		1,330
Rent and rates			2,700		3,315
Honorarium			700		200
Travel and subsistence			561		59
Welfare support			9,622		381
Training			2,573		650
Outreach and evangelism		work	7,671
Conferences, meetings &contributions			23,743		1,110
Missions			3,217		312
Publicity			10,538
Gift and Donations			6,814
			190,865		7,557
Management &Support
Wages			4,760		570
Rent and rates			345		585
Insurance			6,364		226
Light and Heat			8,634		256
Telephone			3,458		265
Postage and Stationery			1,992		94
Repairs and Renewals			25,313
Computer and equipment		expenses	6,196		994
Musicians expenses			4,324		1,903
Subscriptions			3,779		161
Depreciation -Computer		Equipment	384		ill
			65,549		5,165
Governance costs:
Legal &Professional			12,823		360
Accountancy fees			800		800
			13,623		1,160
Finance Costs:
Bank charges			1,808		78
			1,808		78
				271,845
Surplus for the period			17	155,696