**Charity Registered number 1155218**
DOVE CHAPEL **Annual Accounts & Reports 31[st] December 2021**
## **Dove Chapel**
|Annual Accounts and Reports Contents||
|---|---|
||**Page**|
|**Trustee's report**|**1**|
|**Accountants' report**|**2**|
|**Profit and loss account**|**3**|
|**Balance sheet**|**4**|
|**Notes to the accounts**|**5, 6, 7**|
## **Dove Chapel**
## **Charity Registered number: 1155218**
## **Trustee's Report**
The Trustees present their report and annual accounts for the year ended 31st December 2021
## **Trustees, structure, governance and management**
The following persons served as trustees during the year 31[st] December 2021:
**Pastor Adebambo ILori Vivian Ifeoma IIukwe**
**Mary Olabisi Adenusi**
## **Registered Office**
44 Cator Road London SE26 5DS
## **Bankers**
Cash Plus
## **Principal activities**
The Charity principal activity during the year was continued to be ministering to church members and the community.
We also acquire new facility to enhance our services and we move in, which has been very helpful to us to carry out more duties and services. Our church membership has grown numerously and we give God all the glory. We are increasing in member by the grace of God.
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime.
And also statutory requirements of the governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2010
The Trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an audit under section 415A of the Companies Act 2006.
The members have not required the charity or company to obtain an audit in accordance with section 476 of the Company Act 2006.
Therefore, trustees acknowledged their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
This report was approved by the Trustees on 03[rd] October 2022 and signed on behalf, by:
Adebambo ILori
Chairman of Trustees
**1**
## **Accountant’s Report Accountants' report to the Trustees of Dove Chapel**
We have carried our normal independence duties to Dove chapel as usual as Accountants to the charity. And we consider that the Charity is exempt from an audit for the year ended 31st December 2021
Dove chapel trustees have acknowledged, on the accounts and balance sheet, their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the Charity at the end of the financial year and of its profit or loss for the financial year.
In accordance with their instructions, we have carried out prepared accounts which comprised the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations given to us by trustees and management.
The trustees have assessed the all-risk to which the charity is exposed, and are satisfied that internal control systems are in place to mitigate exposure to the any risks.
Current performance of the charity is doing really in terms of growth in members and care for the community they reside.
We have not carried out any audit /or any other review, and consequently we do not express any opinion on these accounts.
Accountants:
## **EBS ACCOUNTANCY CONSULTANTS LTD**
128 Redbridge Milton Keynes MK14 6DJ
**2**
**Profit and Loss Account for the year ended 31[st] December 2021**
**£ Income**
## Income & HMRC
37,009.45
|**Expenses**
Accountancy fees
General expenses
Repairs and Maintenance
Website development and media
Equipment expenses
Honorarium
Insurance
Rent
Light and Heating
Music & Instrumentals
Stationery and Printing
Telephone and Fax
Staff Training and Welfare
Postage
Bank Charges
Travel and Subsistence
Wages and Salaries
Profit for the year
|4,344.05
3,150.00
6,300.00
200.50
2,500.10
720.00
623.00
5,406.00
1,645.00
3,041.66
485.00
183.28
1,600.00
295.00
169.00
350.00
4,500.00
(35,512.59)
1,496.86|4,344.05
3,150.00
6,300.00
200.50
2,500.10
720.00
623.00
5,406.00
1,645.00
3,041.66
485.00
183.28
1,600.00
295.00
169.00
350.00
4,500.00
(35,512.59)
1,496.86|
|---|---|---|
||
||
||||
**3**
|**Dove Chapel**
**Balance Sheet as at 31 December 2021**
**Non-Current Assets**
FA – Equipment
1,125.50
Fixture, & fittings
2,750.00
Current Assets:
Bank
4,350.00
Less: Current Liabilities
Creditors 1, 3228.15
**Net Liabilities**
Charity reserves
Profit and loss account
Charity Fund|**£**
3,875.50
4,350.00
(1,322.15)
**6,903.35**
5,406.49
1,496.86.
**6,903.35**|
|---|---|
|||
**4**
## **Dove Chapel Notes to the Accounts for the year ended 31[st ] December 2021**
## **1. Accounting policies**
## **Basis of preparation**
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
## **Turnover**
Voluntarily Income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to church member and the community.
## **Depreciation**
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 20% straight line Motor vehicles 25% straight line
## **2. Interest payable**
**2021 £**
Interest payable 0.00
**3. Profit and loss account 2021 £** Profit for the year 1,496.86
**5**
## **Dove Chapel**
|**Detailed profit and loss account for**
**the year ended 31st December 2021**
Operating Income:
Income
Expenses
Operating Profit before Tax
Interest payable and Tax payment
Profit after Tax||**2021**
£
37,009.45
35,512.59|
|---|---|---|
||
|1,496.86
0.00
1,496.86|
**6**
## **Dove Chapel**
|**Dove Chapel**|**Dove Chapel**||
|---|---|---|
|**Detailed profit and loss account for the year 31st December 2021**|||
||**£**||
|HMRC Gift Aid|20,804.52||
|Voluntarily Income|13,704.93||
|Other Operating Income|2,500.00||
||37,009.45||
|**Expenses**|||
|Expenses|||
|Accountancy fees|4,344.05||
|General expenses|3,150.00||
|Repairs and Maintenance|6,300.00||
|Website development and media|200.50||
|Equipment expenses|2,500.10||
|Honorarium|720.00||
|Insurance|623.00||
|Rent|5,406.00||
|Light and Heating|1,645.00||
|Music & Instrumentals|3,041.66||
|Stationery and Printing|485.00||
|Telephone and Fax|183.28||
|Staff Training and Welfare|1,600.00||
|Postage|295.00||
|Bank Charges|169.00||
|Travel and Subsistence|350.00||
|Wages and Salaries|4,500.00||
||(35,512.59)||
|Profit for the year||1,496.86|
**7**