2023-01-31-accounts - African Children Empowerment

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Charity No 1168251

AFRICAN CHILDREN EMPOWERMENT

TRUSTEES REPORT AND FINANCIAL STATEMENTS

For the year ended 31st January 2024

AFRICAN CHILDREN EMPOWERMENT

Statement of Financial Activities (including Income and Expenditure Accounts) For the year ended31st January 2024.

CONTENTS	2
Legal and administrative information	3
Trustee's report	3 - 5.
Independent Examiner’s Report	8
Statement of Financial Activities	7
Balance Sheet	8
Notes forming part of the financial statements	9-14.
The following pages do not form part of the statutory accounts
Detailed income and expenditure account	15

AFRICAN CHILDREN EMPOWERMENT LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 31st January 2024

Trustees

1 Mr Solomon Akaka 2 Mr Obi Anumba 3 Mr Michael Ndukwe Charity No 1168251 Registered Office 38 Roland Crescent Solihull B91 2JF

Chair Mr Solomon Akaka

Accountants Jecom & Co Incorporated Financial Accountants (IFA) 276 Monument Road Edgbaston Birmingham B16 8XF

Bankers

AFRICAN CHILDREN EMPOWERMENT

Trustee's report For the year ended 31st January 2024

The Board of Trustees

submit their annual report and the financial statements of African children empowerment

for the year ended 31st January 2024. The Board of Trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirement of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities issued in October 2000.

Method of appointment or election of Trustees

The Management of the Charity is the responsibility of the Trustees who are elected

and co-opted under the terms of the constitution.

Constitution policies and objectives

African children empowerment is a registered charity.

The principle object of the Charity is to organise children services, community services, mentoring and advice nursery and teaching of children, adult and youth

There have been no changes in the objectives since the last annual report.

Organizational structure and decision making

The organization of the Charity is controlled by the members of the Board of Trustees.

Review of activities

During the year the Charity received a total of £1,890 from donations and other sources. The financial results for the year are shown in the annexed accounts

Reserves policy

It is the policy of the Trustees to work towards holding the minimum reserves necessary to enable the Charity to meet its commitments for a minimum period of three months.

AFRICAN CHILDREN EMPOWERMENT Trustees'S REPORT For the year ended 31st January 2024.

Trustees's responsibilities

Charity law applicable to charities in England/Wales requires the Management

Committee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for the period. In preparing those financial statements the Trustees have

selected suitable accounting policies and applied them consistently,
- made judgments and estimates that are reasonable and prudent,
stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Trust will continue in operation).

The Trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. These account has been delivered in accordance with the provisions applicable to chariries subject to the small companies regime.

The report was approved by the Trustees on 20th November 2024 and signed on its behalf b

Mr Solomon Akaka Chairman

AFRICAN CHILDREN EMPOWERMENT

Independent Examiner’s Report to the trustees of African children empowerme For the year ended 31st January 2024.

I report on the accounts for the year ended 31st January 2024 which are set out on pages 6 to 14 Respective responsibilities of trustees and examiner

The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the charity Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to:

Examine the accounts (under section 43 of the Act), to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the Act), and to state whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The

procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

1. Which gives me reasonable cause to believe that in, any material respect, the requiremen

to keep accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or

To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

J. Okundaye AFA FFTA FIAB

Jecom & Co

Incorporated Financial Accountants 276 Monument Road

Edgbaston Birningham B16 8XF

AFRICAN CHILDREN EMPOWERMENT STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st January 2024.

Total Total

Restricted Unrestricted

Note INCOMING RESOURCES Donations legacies and similar incoming resources 2 RESOURCES EXPENDED Charitable expenditure: Cost of activities in furtherance of the charity's objects Support costs for grants and activities 3 Resources expended on managing and administering the charity 4 TOTAL RESOURCES EXPENDED 5 IN TOTAL FUNDS FOR THE YEAR - NET INCOME/(EXPENDITURE) FOR THE YEAR TOTAL FUNDS AT 1 October 2023 TOTAL FUNDS AT 31st January 2024	Funds Funds Funds Funds 2024 2024 2024 2023 £ £ £ £ 1890 1890 592
	1,890 1,890 592
	832 832 433 683 683
	1,515 1515 433
	375 375
	375 375 159

The Statement of Financial Activities includes all gains and losses recognized in the year The notes on page 10 to 15 form part of these financial statements

AFRICAN CHILDREN EMPOWERMENT BALANCE Sheet As at 31st January 2024.

FIXED ASSETS Note Tangible fixed assets 8 CURRENT ASSETS Debtors 9 Cash at Bank and in Hand 60 60	2024 £ -240	2023
		£

CREDITORS - Amount falling due 10 within one year

NET CURRENT ASSETS 60 NET ASSETS 12 -180 CHARITY FUNDS Restricted Funds 11 Unrestricted Funds 11

The Trustees have:-

a] “For the year ending 31st January 2024 the charity was entitled to exemption from audit under section 477(2) of the Companies Act 2006 .
b] The members have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006.
c] The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting periods and preparation of the accounts.

The financial statements were approved by the Trustees on the 20th November 2024 And are signed on their behalf by:

Apostle Edobor Okundaye

Chair

The notes on pages 10 - 15 form part of these financial statements

AFRICAN CHILDREN EMPOWERMENT

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2024.

1 ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2002). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP). "Accounting and Reporting by Charities" published in October 2000,

1.2 Charity Status

The members of the charity are the trustees named on page 1 in the event of the Charity being wound up.

1.3 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.4 Incoming resources

All incoming resources are included in the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Gifts in kind donated for distribution are included at valuation and recognized as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the Charity where this can be quantified and a third party is bearing the cost. No amounts are included in this financial statements for services donated by volunteers.

AFRICAN CHILDREN EMPOWERMENT

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2024.

Intangible income, which comprises donated services, is included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognized where there is no financial cost borne by a third party.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognized at the time of the donation.

1.5 Resources expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include project management carried out at Headquarters. Management and administration costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.

1.6 Cash flow

The financial statements do not include a cash flow statement because the charitable charity, as a small reporting entity is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective June 2002).

1.7 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual value over their expected useful lives on the following basis:

Motor Vehicle	-	25% Straight line
Furnitures and Fixtures	-	25% Straight line
Office Equipment	-	25% Straight line

AFRICAN CHILDREN EMPOWERMENT

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2024.

2 DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES

RestrictedUnrestricted	RestrictedUnrestricted	Total	Total
Funds	Funds	Funds	Funds
2024	2024	2024	2023
£	£	£	£

Grants Government grants

3 SUPPORT COSTS FOR GRANTS AND ACTIVITIES

Restricted	Unrestricted	Total	Total
Funds	Funds	Funds	Funds
2024	2024	2024	2023
£	£	£	£

Printing postage & stationary

Substriction Light & Heat Bank charges Property rent Consultancy Toiletories & first aid Charity Insurance Advertisement Travel and subsistence Repairs & maintenance Functions Total	755 755 433 77 77
	832 832 433

AFRICAN CHILDREN EMPOWERMENT NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2024.

4 RESOURCES EXPENDED ON MANAGING AND ADMINISTERING THE CHARITY

		RestrictedUnrestricted	RestrictedUnrestricted	Total	Total
		Funds	Funds	Funds	Funds
		2024	2024	2024	2023
		£	£	£	£
	Sundries
	Audit & Accountancy fees		350	350
	Professional fees
	Telephone		93	93
	Depreciation - motor vehicles
	Depreciation - office equipment		125	125
	Depreciation - fixtures & fittings		115	115
	Total		683	683
5	ANALYSIS OF RESOURCES EXPENDED BY		EXPENDITURE TYPE

Staff Costs Depreciation Other Costs Total Total 2024 2024 2024 2024 2023 £ £ £ £ £ Voluntary Expenses Support costs for grants and activities 832 832

Resources expended on managing and administering the charity 240 683 923 Total Resources Expended 240 1515 1755

NET INCOMING RESOURCES/(RESOURCES EXPENDED)
	Total	Total
	2024	2023
This is stated after charging	£	£
Depreciation of tangible fixed assets
owned by the charity	240
Audit & Accountancy fees	350
Professional fees
	590

AFRICAN CHILDREN EMPOWERMENT NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2024. During the year no Trustees received any remuneration (2024 - £NIL) During the year no Trustees received any benefit in kind (2024 - £NIL) During the year no Trustees received any reimbursement of expenses (2023 - £NIL)

STAFF COSTS AND NUMBERS
Staff costs were as follows	2024	2023
	£	£
Voluntary Expenses
The average monthly number of employees during the year was as follows
	2024	2023

Administrative

	No employee received remuneration amounting to more than £50000 in either year	No employee received remuneration amounting to more than £50000 in either year	No employee received remuneration amounting to more than £50000 in either year	No employee received remuneration amounting to more than £50000 in either year	No employee received remuneration amounting to more than £50000 in either year
8	TANGIBLE FIXED ASSETS	Motor EquipmentFixtures &			Total
		Vehicles		Fittings
		£	£	£	£
	Cost
	At 1 October 2023		500	460
	Church van written off
	Addition in year
			500	460

Depreciation At 1 October 2023 Charge for the year At 31st January 2024 Net book value At 31st January 2024 At 31st January 2023 9DEBTORS Due within one year Debtors Cash in hand and at bank
	125 115 240
	125 115 240
	375 345 -240
	500 460
	2024 2023 £ £

AFRICAN CHILDREN EMPOWERMENT NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2024.

CREDITORS	2024	2023
Amount falling due within one year	£	£
Bank Loan and overdrafts
Accruals
Tax & National Insurance Contribution

11 STATEMENT OF FUNDS

UNRESTRICTED FUNDS General Funds General Fund 1 Subtotal RESTRICTED FUNDS Restricted Funds SUMMARY OF FUNDS General Funds Restricted Funds Total of Funds	Brought IncomingResourcesCarried Forward ResourcesExpended Forward £ £ £ £
	1890 1515 375

	1890 1515 375


	£ £ £ £ 1890 1515 375
	1890 1515 375

12 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Restricted Unrestricted

Total Total

Tangible fixed assets Debtors due after more than 1 year Current assets Creditors due within one year Total	Funds Funds Funds Funds 2024 2024 2024 2023 £ £ £ £ 60 60
	60 60

AFRICAN CHILDREN EMPOWERMENT

DETAILED INCOME AND EXPENDITURE ACCOUNT For the year ended 31st January 2024

For the year ended 31st January 2024
	Fund
31st January		2024	31st January		2023
INCOME	£			£
Thithes and offerings							``
Gift aid
Building Appeal Funds
Voluntary Donations
Income from community Activities		1890			592
		1890	1890		592	592
LESS : EXPENDITURE
Property rent and rate
Light & Heat
Printing, Postage & Stationery
Building Services and maintainance
Subscription
Charity
Insurance		-
Toiletories and first aid
Travel and subsistence		755			433
Telephone & Fax		93
Professional fees
Audit & Accountancy fees		350
Sundries
Functions		77
Bank Charges
Depreciation - motor vehicles
Depreciation - office equipment		125
Depreciation - Fixtures and fittings		115
TOTAL EXPENDITURE			1515	`		433
NET INCOME FOR THE YEAR		£	375		£	159

Int 17

profit balance 375 375 19

-180 -180 20

total expenditures 2024 2023 21

683 22

1515 240 6631 7314 total 23

14991.62 14991.62 240 216 25

accountancy fees 27

Charity No 1168251

AFRICAN CHILDREN EMPOWERMENT

TRUSTEES REPORT AND FINANCIAL STATEMENTS

For the year ended 31st January 2021

AFRICAN CHILDREN EMPOWERMENT

Statement of Financial Activities (including Income and Expenditure Accounts) For the year ended31st January 2021.

CONTENTS	2
Legal and administrative information	3
Trustee's report	3 - 5.
Independent Examiner’s Report	8
Statement of Financial Activities	7
Balance Sheet	8
Notes forming part of the financial statements	9-14.
The following pages do not form part of the statutory accounts
Detailed income and expenditure account	15

AFRICAN CHILDREN EMPOWERMENT LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 31st January 2021

Trustees

1 Mr Solomon Akaka 2 Mr Obi Anumba 3 Mr Michael Ndukwe

Charity No 1168251 Registered Office Flat 8 Elmbank Court 291 Yardley Green Road B9 5QA Chair Mr Solomon Akaka

Accountants Jecom & Co Incorporated Financial Accountants (IFA) 276 Monument Road Edgbaston Birmingham B16 8XF

Bankers

AFRICAN CHILDREN EMPOWERMENT

Trustee's report For the year ended 31st January 2021

The Board of Trustees

submit their annual report and the financial statements of African children empowerment

for the year ended 31st January 2021. The Board of Trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirement of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities issued in October 2000.

Method of appointment or election of Trustees

The Management of the Charity is the responsibility of the Trustees who are elected

and co-opted under the terms of the constitution.

Constitution policies and objectives

African children empowerment is a registered charity.

The principle object of the Charity is to organise children services, community services, mentoring and advice nursery and teaching of children, adult and youth

There have been no changes in the objectives since the last annual report.

Organizational structure and decision making

The organization of the Charity is controlled by the members of the Board of Trustees.

Review of activities

During the year the Charity received a total of £996 from donations and other sources. The financial results for the year are shown in the annexed accounts

Reserves policy

It is the policy of the Trustees to work towards holding the minimum reserves necessary to enable the Charity to meet its commitments for a minimum period of three months.

AFRICAN CHILDREN EMPOWERMENT Trustees'S REPORT For the year ended 31st January 2021.

Trustees's responsibilities

Charity law applicable to charities in England/Wales requires the Management

selected suitable accounting policies and applied them consistently,
- made judgments and estimates that are reasonable and prudent,
stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Trust will continue in operation).

The report was approved by the Trustees on 20th November 2021 and signed on its behalf b

Mr Solomon Akaka Chairman

AFRICAN CHILDREN EMPOWERMENT

Independent Examiner’s Report to the trustees of African children empowerme For the year ended 31st January 2021.

I report on the accounts for the year ended 31st January 2021 which are set out on pages 6 to 14 Respective responsibilities of trustees and examiner

Basis of Independent examiner’s report

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

1. Which gives me reasonable cause to believe that in, any material respect, the requiremen

To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

J. Okundaye AFA FFTA FIAB

Jecom & Co

Incorporated Financial Accountants 276 Monument Road

Edgbaston Birningham B16 8XF

AFRICAN CHILDREN EMPOWERMENT STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st January 2021.

Total Total

Restricted Unrestricted

Note INCOMING RESOURCES Donations legacies and similar incoming resources 2 RESOURCES EXPENDED Charitable expenditure: Cost of activities in furtherance of the charity's objects Support costs for grants and activities 3 Resources expended on managing and administering the charity 4 TOTAL RESOURCES EXPENDED 5 IN TOTAL FUNDS FOR THE YEAR - NET INCOME/(EXPENDITURE) FOR THE YEAR TOTAL FUNDS AT 1 October 2020 TOTAL FUNDS AT 31st January 2021	Funds Funds Funds Funds 2021 2021 2021 2020 £ £ £ £ 996 996 592
	996 996 592
	767 767 433 175 175
	942 942 433
	54 54
	54 54 159

The Statement of Financial Activities includes all gains and losses recognized in the year The notes on page 10 to 15 form part of these financial statements

AFRICAN CHILDREN EMPOWERMENT BALANCE Sheet As at 31st January 2021.

FIXED ASSETS Note Tangible fixed assets 8 CURRENT ASSETS Debtors 9 Cash at Bank and in Hand 60 60	2021 £	2020
		£

CREDITORS - Amount falling due 10 within one year

NET CURRENT ASSETS 60 NET ASSETS 12 60 CHARITY FUNDS Restricted Funds 11 Unrestricted Funds 11

The Trustees have:-

a] “For the year ending 31st January 2021 the charity was entitled to exemption from audit under section 477(2) of the Companies Act 2006 .
b] The members have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006.
c] The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting periods and preparation of the accounts.

The financial statements were approved by the Trustees on the 20th November 2021 And are signed on their behalf by:

Apostle Edobor Okundaye

Chair

The notes on pages 10 - 15 form part of these financial statements

AFRICAN CHILDREN EMPOWERMENT

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2021.

1 ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

1.2 Charity Status

The members of the charity are the trustees named on page 1 in the event of the Charity being wound up.

1.3 Fund accounting

1.4 Incoming resources

All incoming resources are included in the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

AFRICAN CHILDREN EMPOWERMENT

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2021.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognized at the time of the donation.

1.5 Resources expended

1.6 Cash flow

1.7 Tangible fixed assets and depreciation

Motor Vehicle	-	25% Straight line
Furnitures and Fixtures	-	25% Straight line
Office Equipment	-	25% Straight line

AFRICAN CHILDREN EMPOWERMENT

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2021.

2 DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES

RestrictedUnrestricted	RestrictedUnrestricted	Total	Total
Funds	Funds	Funds	Funds
2021	2021	2021	2020
£	£	£	£

Grants Government grants

3 SUPPORT COSTS FOR GRANTS AND ACTIVITIES

Restricted	Unrestricted	Total	Total
Funds	Funds	Funds	Funds
2021	2021	2021	2020
£	£	£	£

Printing postage & stationary

Substriction Light & Heat Bank charges Property rent Consultancy Toiletories & first aid Charity Insurance Advertisement Travel and subsistence Repairs & maintenance Functions Total	690 690 433 77 77
	767 767 433

AFRICAN CHILDREN EMPOWERMENT NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2021.

4 RESOURCES EXPENDED ON MANAGING AND ADMINISTERING THE CHARITY

		RestrictedUnrestricted	RestrictedUnrestricted	Total	Total
		Funds	Funds	Funds	Funds
		2021	2021	2021	2020
		£	£	£	£
	Sundries
	Audit & Accountancy fees		100	100
	Professional fees
	Telephone		75	75
	Depreciation - motor vehicles
	Depreciation - office equipment
	Depreciation - fixtures & fittings
	Total		175	175
5	ANALYSIS OF RESOURCES EXPENDED BY		EXPENDITURE TYPE
	Staff Costs	Depreciation	Other Costs	Total	Total
	2021	2021	2021	2021	2020
	£	£	£	£	£
Voluntary	Expenses
Support costs for grants and
activities			767	767

Resources expended on managing and administering the charity 175 175 Total Resources Expended 942 942

NET INCOMING RESOURCES/(RESOURCES EXPENDED)
	Total	Total
	2021	2020
This is stated after charging	£	£
Depreciation of tangible fixed assets
owned by the charity
Audit & Accountancy fees	100
Professional fees
	100

AFRICAN CHILDREN EMPOWERMENT	AFRICAN CHILDREN EMPOWERMENT	AFRICAN CHILDREN EMPOWERMENT
NOTES	TO THE FINANCIAL STATEMENTS
For the	year ended 31st January 2021.
	During the year no Trustees received any remuneration			(2021 - £NIL)
	During the year no Trustees received any benefit in kind (2021 - £NIL)
	During the year no Trustees received any reimbursement of expenses (2020 - £NIL)
7	STAFF COSTS AND	NUMBERS
	Staff costs were as follows				2021	2020
					£	£
	Voluntary Expenses
	The average monthly number of employees during the				year was as follows
					2021	2020
	Administrative
	No employee received remuneration amounting to more			than £50000 in either year
8	TANGIBLE FIXED ASSETS		Motor EquipmentFixtures &			Total
			Vehicles		Fittings
			£	£	£	£
	Cost
	At 1 October 2020
	Church van written	off
	Addition in year

Depreciation At 1 October 2020

Charge for the year At 31st January 2021 Net book value At 31st January 2021 At 31st January 2020

9 DEBTORS 2021 2020 Due within one year £ £ Debtors Cash in hand and at bank

AFRICAN CHILDREN EMPOWERMENT NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st January 2021.

10 CREDITORS 2021 2020 Amount falling due within one year £ £ Bank Loan and overdrafts Accruals Tax & National Insurance Contribution

11 STATEMENT OF FUNDS

UNRESTRICTED FUNDS General Funds General Fund 1 Subtotal RESTRICTED FUNDS Restricted Funds SUMMARY OF FUNDS General Funds Restricted Funds Total of Funds	Brought IncomingResourcesCarried Forward ResourcesExpended Forward £ £ £ £
	996 942

	996 942


	£ £ £ £ 996 942
	996 942

12 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Restricted Unrestricted

Total Total

Tangible fixed assets Debtors due after more than 1 year Current assets Creditors due within one year Total	Funds Funds Funds Funds 2021 2021 2021 2020 £ £ £ £ 60 60
	60 60

AFRICAN CHILDREN EMPOWERMENT

DETAILED INCOME AND EXPENDITURE ACCOUNT For the year ended 31st January 2021

For the year ended 31st January 2021
	Fund
31st January 2021		31st January		2020
INCOME	£		£
Thithes and offerings						``
Gift aid
Building Appeal Funds
Voluntary Donations
Income from community Activities	996			592
	996	996		592	592
LESS : EXPENDITURE
Property rent and rate
Light & Heat
Printing, Postage & Stationery
Building Services and maintainance
Subscription
Charity
Insurance	-
Toiletories and first aid
Travel and subsistence	690			433
Telephone & Fax	75
Professional fees
Audit & Accountancy fees	100
Sundries
Functions	77
Bank Charges
Depreciation - motor vehicles
Depreciation - office equipment
Depreciation - Fixtures and fittings
TOTAL EXPENDITURE		942	`		433
NET INCOME FOR THE YEAR	£	54		£	159

Int 48

profit balance 54 54 50

total expenditures 2021 2020 52

175 53

942 6631 6806 total 54

14991.62 14991.62 -105 56

accountancy fees 58