LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
(A company limited by guarantee)
TRUSTEES’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
(Registered Company Number: 09796232) (Registered Charity Number: 1171294)
LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
The trustees present their report along with the financial statements of the charity for the year ended 30 September 2021.
| TRADING NAME | Pleasant Surprise Church International |
|---|---|
| TRUSTEES | Mr Marvin Appiah |
| Mr Daniel Nabudere | |
| Dr Reuben Tagoe | |
| PRINCIPAL OFFICE | Castle House |
| Dawson Road | |
| Bletchley | |
| Milton Keynes | |
| MK1 1QY | |
| COMPANY REGISTRATION NUMBER | 09796232 |
| CHARITY REGISTRATION NUMBER | 1171294 |
| GOVERNING INSTRUMENT | Memorandum and Articles dated 26 September 2015 |
| SOLICITORS | Keystone Law |
| 48 Chancery Lane | |
| Bath | |
| WC2A 1JF | |
| INDEPENDENT EXAMINER | Olayinka Tomori ACA DChA |
| Longmeade Consult Ltd | |
| Regus House | |
| Victory Way, Admirals Park | |
| Crossways, Dartford | |
| DA2 6QD | |
| PRINCIPAL BANKERS | HSBC |
| 19 Midsummer Place | |
| P O Box 1888 | |
| Milton Keynes | |
| Buckinghamshire | |
| MK9 3GB |
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LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
TRUSTEES’ ANNUAL REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2021
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Second edition effective 1 January 2019).
Lighthouse Chapel International Milton Keynes is a private charitable company limited by guarantee. The directors of the charitable company are its Trustees for the purpose of charity law. None of the Trustees has any beneficial interest in the company. Members of the company (who are also the trustees) guarantee to contribute £5 in the event of a winding up.
TRADING NAME
Under a resolution dated 1 December 2021, the charity adopted the trading name – Pleasant Surprise Church International.
OBJECTIVES, ACTIVITIES, ACHIEVEMENTS AND PERFORMANCE
The objects of the charity are for the public benefit:
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To promote the Christian religion.
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To support Healing Jesus Campaigns all over the world, especially in Africa, these being mass Christian evangelistic crusades.
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To provide spiritual growth to people of all races and colour through Church services and other Christian religious activities.
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The provision of missionary support and logistics such as Christian books, videos and cd.
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The use of its financial resources to accomplish the financial objects of the charity.
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To establish or support any Christian Charitable Trust, Christian Association or Christian Institution formed for all or any of the objects.
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To support the construction of Church buildings, the purchase of Church buildings and properties across the world to support Christian evangelism.
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To support needy Churches or Church projects throughout the world. To support Christian Radio, television and internet outreach programmes.
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To support the publishing and distribution of Christian books throughout the world.
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To support Christian conference, travel, evangelism and Church Planting throughout the world.
Achievements and Performance
Pastoral care
Our pastoral care coordinators continue to offer one-on-one support and counselling members and non-members of the church. These range from marriage counselling to dealing with bereavement, finding life partners, issues of abandonment and abuse, depression, illnesses, old age, debt, children, spiritual guidance and prayer. The telepastoring team also provide immediate confidential prayer support to both members and non-members. This makes a huge difference in the lives of many of our most vulnerable members. During the pandemic we greatly increased our tele-pastoring efforts to support members who have lost relatives and are caring for sick family members. We hah telepastors on hand who made calls on a daily basis throughout the pandemic. We have maintained our tele pastoring even though we have returned to in-person services.
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LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
TRUSTEES’ ANNUAL REPORT (continued)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
Achievements and Performance (continued)
Church services
We had two services a week (Sundays and Wednesday) using zoom and Facebook Live with watch parties. During offering time, the bank details were projected and congregants give their offerings via online banking. This completely eliminated cash handling and even though in-person services have resumed we virtually have zero cash since people are used to on-line giving. Church attendance actually increased during the pandemic due to the fact that people were able to join from all over the world. We have maintained our on-line services even though in-person services have resumed and run them alongside.
Youth
The Youth group have worked very hard, bringing the life changing message of Jesus Christ to the young people in the various councils. Gang members and drug users have had their lives changed as a result of hearing the good news of Salvation through Jesus Christ. Many have become leaders and are also giving pastoral care to their other young people. The youth have set up “Wacenters” which is a coined word for whatsapp groups where they share the word of God and encourage each other. They also have zoom services every Wednesday, so they do not lose touch with the church members. We have in-person services with the youth alongside the online services.
Remember the poor ministry
The Remember the poor ministry has still not been able to do any visits even though all restrictions have been lifted. In the meantime, the ministry have continued praying for the homeless in groups throughout the week.
Camp meeting
We are planning some camp meetings for next year.
Volunteers
The charity would like to thank all the volunteers for their hard work in ensuring that the objectives of the charity are met. The charity had approximately eighty volunteers over the year but their participation during the period was hindered by the Covid-19 pandemic.
Staff
The charity has one employee who is mainly involved with providing internet support for the charity’s activities.
Covid-19
The pandemic had some impact on gathering for church services but the online support for church activities meant that members were still very much part of the life of the church. We returned to in-person services in April 2022.
FINANCIAL REVIEW
The charity’s income for the year was £129,754 (2020: £148,755) arising solely from donations in the form of tithes and offerings received during church services. Expenditure was £155,375 (2020: £133,266) and consisted mainly donations, employment, and the costs of renting premises for church services and events. Rents fell as services and events were severely curtailed due to the covid pandemic, but more donations were put towards various building projects. Donations totalling £123,198 were made towards church building projects in Chad, Guinea and Uganda in the year. The net expenditure in the year was £25,621 (2020: £15,489 net income).
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LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
TRUSTEES’ ANNUAL REPORT (Continued)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
FINANCIAL REVIEW (continued)
Reserves Policy
The balance of the General Unrestricted Fund at the year-end was £86,618 (2020: £112,239); there were no restricted or designated funds. Free reserves (unrestricted general funds less net book value of fixed assets) at the year-end were £86,617 (2020: £112,238).
The trustees have considered their reserves policy and given the nature of the charity’s activities, have set a target level of free reserves equivalent to six months of recurring expenditure which is approximately between £60,000 and £65,000; this has been achieved. The additional free reserves will be expended in accordance with the objects of the charity.
In setting the reserves policy, the Trustees have assessed the impact of the Covid-19 pandemic on the future activities of the charity, and they believe they have set aside sufficient funds to ensure the charity continues to provide its services to members and support projects in various communities to which the charity has pledged its commitment.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Lighthouse Chapel International Milton Keynes is a Christian organization.
Trustee Training
The Trustees are kept informed on charity sector issues by professional advisors and other resources provided by our accountants and legal advisors.
Governing Document
The charity is governed by Memorandum and Articles of Association dated 7 September 2015 and was registered as a company limited by guarantee on 26 September 2015. It was also registered as a UK charity with the Charity Commission on 25 January 2017.
Organisation
The Charity, by the date of this report, has three Trustees. The power of appointing new Trustees rests with the present and retiring Trustees together.
Management
The day to day running of the charity is by Daniel Nabudere. Mr Nabudere is a trustee and provides his services on a voluntary basis.
Risk Review
The Trustees have undertaken a risk review to identify major risks to which the charity is exposed, in particular, those related to the operations and finances of the Charity and the Trustees are satisfied that systems are in place to mitigate the Charity’s exposure to the major risks. The Trustees will continue to review major risks on an annual basis.
Public Benefit
In setting the charity’s objectives, the trustees have given due consideration to the Charity Commission’s guidance on Public Benefit. The Objectives, Activities, Achievements and Performance section below reflect how the charity fulfils this obligation.
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LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
TRUSTEES’ ANNUAL REPORT (continued)
FOR THE YEAR ENDED 30 SEPTEMBER 2021
FUTURE PLANS
The charity intends to continue developing and expanding its branch network in the Buckinghamshire area. We will continue to support international projects in the future especially for projects in Ghana.
STATEMENT OF TRUSTEE’S RESPONSIBILITIES
The trustees (who are also directors of Lighthouse Chapel International Milton Keynes for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable for that year. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 9[th] June 2022 and signed on their behalf by:
…………………………………….. Dr Reuben Tagoe Trustee
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INDEPENDENT EXAMINER’S REPORT
TO THE TRUSTEES’ OF LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
I report to the charity trustees on my examination of the accounts of Lighthouse International Chapel Milton Keynes for the year ended 30 September 2021.
Responsibilities and basis of report
As the charity’s trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
……………………………… Olayinka Tomori ACA DChA Longmeade Consult Ltd
Regus House Victory Way Admirals Park Dartford, DA2 6QD
9[th] June 2022
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LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 SEPTEMBER 2021
| Total | Total | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| 2021 | 2020 | ||
| Notes | £ | £ | |
| Income and Endowments from: | |||
| Donations and Legacies | 1 | 129,754 | 148,755 |
| Other Income | - | - | |
| ----------------- | ----------------- | ||
| Total Income and Endowments | 129,754 | 148,755 | |
| ----------------- | ----------------- | ||
| Expenditure on: | |||
| Charitable Activities | 2 | 155,375 | 133,266 |
| ----------------- | ----------------- | ||
| Total Expenditure | 155,375 | 133,266 | |
| ------------------ | ------------------ | ||
| Net (Expenditure)/Income | (25,621) | 15,489 | |
| Reconciliation of funds: | |||
| Total fund brought forward | 112,239 | 96,750 | |
| --------------------- | --------------------- | ||
| Total funds carried forward | 86,618 | 112,239 | |
| ========== | ========== |
All amounts arise from continuing activities and there are no recognised gains or losses other than those shown above in the Statement of Financial Activities.
The accompanying notes form part of these financial statements.
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Company Number: 09796232
LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
BALANCE SHEET
AS AT 30 SEPTEMBER 2021
| 2021 | 2020 | ||
|---|---|---|---|
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible fixed assets | 5 | 1 | 1 |
| ---------------- | ---------------- | ||
| CURRENT ASSETS | |||
| Cash at bank and in hand | 89,342 | 114,289 | |
| CURRENT LIABILITIES | |||
| CREDITORS: Amounts falling due within one year | 6 | (2,725) | (2,051) |
| ---------------- | ---------------- | ||
| NET CURRENT ASSETS | 86,617 | 112,238 | |
| ---------------- | ---------------- | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 86,618 | 112,239 | |
| ---------------- | ---------------- | ||
| TOTAL ASSETS | 86,618 | 112,239 | |
| ========= | ========= | ||
| FUNDS | |||
| Unrestricted Funds: | |||
| General | 86,618 | 112,239 | |
| ========= | ======== |
The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. The directors acknowledge their responsibility for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 September 2021 and of its result for the year then ended in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements so far as applicable to the company.
The financial statements were approved by the board an authorised for issue on 9[th] June 2022 and signed on its behalf by:
………………………………… Dr Reuben Tagoe Trustee
The accompanying notes form part of these financial statements.
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LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
ACCOUNTING POLICIES
FOR THE YEAR ENDED 30 SEPTEMBER 2021
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Second edition effective 1 January 2019), Charities SORP FRS 102, and Companies Act 2006 and with the Charities Act 2011.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The trustees consider there are no material uncertainties about the Charity’s ability to continue as a going concern. This includes giving due consideration to the impact of the Covid-19 pandemic on the activities of the charity.
Donations and Legacies
Donations and legacies are recognised when receivable or when the charity becomes legally entitled to them. Receipts of property, investments or other gifts in kind are included at market value.
Expenditure
Charitable expenditure consists of all expenditure relating to the objects of the Charity. All costs are directly attributable to the activities under which they have been analysed.
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Irrecoverable VAT is included with the category of expense to which it relates.
Tangible Fixed Assets
Depreciation is calculated by the straight line method to write off the cost/value, less anticipated residual value, over the expected useful lives of assets as follows:
Equipment 3 years
Debtors
Other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
Creditors
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Statement of Cash Flows
The charity is exempt from the requirement to produce a Statement of Cash Flows as it qualifies as a small charity under the requirements of the Charities SORP.
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LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
| 1. | DONATIONS AND LEGACIES | Total | Total |
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Church offerings and donations | 129,754 | 148,755 | |
| ========= | ========= |
| 2. | EXPENDITURE | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Staff | Premises | Governance |
Other |
2021 | 2020 | ||||
| costs | costs | ||||||||
| £ | £ | £ | £ | £ | £ | ||||
| Charitable Activities | |||||||||
| Church activities | 16,107 | 10,038 | - | 2,112 | 28,257 | 75,796 | |||
| Donations and gifts (see below) | - | - | - | 123,198 | 123,198 | 52,204 | |||
| Support costs | 1,790 | - | 1,842 | 288 | 3,920 | 5,266 | |||
| --------------- | --------------- | --------------- |
--------------- | --------------- | --------------- | ||||
| 17,897 | 10,038 | 1,842 | 125,598 | 155,375 | 133,266 | ||||
| ======== | ======== | ======== |
======== | ========= | ========= | ||||
| £ | £ | ||||||||
| Net income/(expenditure) is stated after charging: | |||||||||
| Independent Examiner’s fees | 1,410 | 1,380 | |||||||
| Independent Examiner - other | - | 192 | |||||||
| ======= | ======= | ||||||||
| The donations above were made to the following charitable organisations: | 2021 | 2020 | |||||||
| £ | £ | ||||||||
| Lighthouse Chapel (Anakhazo Project) – Ghana | - | 50,000 | |||||||
| Mission Internationale Jesus Que Guerit - Chad | 17,897 | - | |||||||
| Book gift to Armenian Church | - | 2,204 | |||||||
| Catch the Anointing Centre (Lighthouse Int’l) - Guinea | 76,418 | - | |||||||
| Lighthouse Chapel International Ntinda - Uganda | 28,883 | - | |||||||
| ------------- | -------------- | ||||||||
| 123,198 | 52,204 | ||||||||
| ======== | ======== | ||||||||
| 2020 Comparatives | Total | ||||||||
| Staff | Premises | Governance |
Other | 2020 | |||||
| costs | costs | ||||||||
| £ | £ | £ | £ | £ | |||||
| Charitable Activities | |||||||||
| Church activities | 25,053 | 50,593 | - | 150 | 75,796 | ||||
| Donations and gifts (see below) | - | - | - | 52,204 | 52,204 | ||||
| Support costs | 2,784 | - | 1,572 | 910 | 5,266 | ||||
| --------------- | --------------- | --------------- | --------------- | --------------- | |||||
| 27,837 | 50,593 | 1,572 | 53,264 | 133,266 | |||||
| ======== | ======== | ======== | ======== | ========= |
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LIGHTHOUSE CHAPEL INTERNATIONAL MILTON KEYNES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
| 3. | STAFF COSTS | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Gross salaries | 17,496 | 27,307 | |
| Employer’s Social Security costs | - | - | |
| Employer’s Pension costs | 401 | 530 | |
| ------------- | -------------- | ||
| 17,897 | 27,837 | ||
| ======== | ======== |
The charity had one employee in the year (2020: One). Due to the small size of the charity, the Trustees, who do not receive any benefits for their work, constitute the key management of the charity.
4. TRANSACTIONS WITH TRUSTEES
No trustees received any remuneration in the year either for their work as trustees or for providing other services. No expenses were reimbursed to trustees in the year.
5. TANGIBLE FIXED ASSETS
| 5. | TANGIBLE FIXED ASSETS | ||
|---|---|---|---|
| Music | 2021 | ||
| Equipment | Total | ||
| £ | £ | ||
| VALUATION | |||
| At 1 October 2020 | 43,120 | 43,120 | |
| Additions | - | - | |
| --------------- | ------------------ | ||
| At 30 September 2021 | 43,120 | 43,120 | |
| --------------- | ------------------ | ||
| DEPRECIATION | |||
| At 1 October 2020 | 43,119 | 43,119 | |
| Charge for the year | - | - | |
| --------------- | ------------------ | ||
| At 30 September 2021 | 43,119 | 43,119 | |
| ========= | ========= | ||
| NET BOOK VALUE | |||
| At 30 September 2021 | 1 | 1 | |
| ========= | ========= | ||
| At 30 September 2020 | 1 | 1 | |
| ========= | ========= | ||
| 6. | CREDITORS: Amounts falling due within one year | 2021 | 2020 |
| £ | £ | ||
| Other taxes and Social Security | 1,315 | 578 | |
| Other Creditors and Accruals | 1,410 | 1,473 | |
| --------------- | ------------------ | ||
| 2,725 | 2,051 | ||
| ======= | ======= |
7. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES (2020)
A comparative Statement of Financial Activities (SOFA) is not required as all the charities fund in the previous financial year are unrestricted and hence, have been reproduced as a comparative in the main SOFA.
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