| Trustees | GeneralOverseer |
|---|---|
| Pastor Ogundipe Nathaniel Ayoade-Chairman | PastorEAAdeboye |
| Mrs Oluwasemowo Otufemi Ajoke | |
| MrOdumeru Adegbenga Solomon | |
| Charity RegistrationNo | |
| 1776703 | |
| PrincipatAddress | Independent Examiner |
| 26 SwanbourneRoad | Ayoks Consutting Limited |
| Sheffield | (lnternational Accountants) |
| 557TL | Pennine 5 Block2 |
| Spaces | |
| Bankers | 20-22 Hawtey Street |
| BarclaysBankPtc | Sheffietd |
| Sheffield Arena SquareBranch | 512EA |
| 2Arena Court | |
| Sheffietd | |
| South Yorkshire | |
| S9 2LF |
| Notes | TotatTotat | |
|---|---|---|
| 20242023 | ||
| INCOMINGRESOURCES | ff | |
| Donations, tegacies&simitarincoming resources | 161,398148,559 | |
| Other lncome | ||
| Totat lncoming Resources | 161,398148,559 | |
| RESOURCES EXPENDED | ||
| CharitallteExpenditure | 2 | 13,6459,339 |
| Management and GovernanceCost | 3 | 69,09160,054 |
| Total Resources Expended | 82,73669,393 | |
| Netlncoming/(Outgoing)Resources for theyear | 78,66179,166 | |
| BALANCEATBEGINNINGOF THE YEAR | 138,81659,650 | |
| BALANCEATENDINGOFTHEYEAR | 277,477738,816 |
| Totat | Totat | |
|---|---|---|
| 2024 | 2023 | |
| 2.CHARITABLE EXPENDITURE | tt | |
| Donation | 6,707 | 4,200 |
| Hotel&Accommodation | 225 | 115 |
| Refreshment&Hospitatity | 6,712 | 5,024 |
| 13,645 | 9,339 |
| Totat | Total | |
|---|---|---|
| 2024 | 2023 | |
| ANAGE14ENT & GOVERNANCE COST | tt | |
| Subscription | 9,02713,972 | |
| Administrative | 4,846 | 2,0-16 |
| Stationery&Printing | 492 | 468 |
| Accou ntancyFee | 2,500 | 500 |
| Rent & Rate | 29,03023,897 | |
| Tetephone&lnternet | 892 | 537 |
| Travets | 2,060 | 1,592 |
| Meeting, Training&Devetopment | 2,076 | 4,460 |
| Repairs&l'4aintenance | 767 | 1,331 |
| Insurance | 3S9 | 1,409 |
| Depreciation | 2,407 | 1,313 |
| StaffCost | 14,602 | 8,500 |
| 69,09160,054 |
| Furniture | Furniture | ||
|---|---|---|---|
| 4. TANGIBLEFIXEDASSET | Equipment | & | FitlingsTotat |
| Cost | fff | ||
| AtI)anuary2024 | 4,516 | 2,6007,776 | |
| Additions during theyear | 5,530 | 7,2546,784 | |
| At31 December2024 | 10,046 | 3,85413,900 | |
| Depreciatlon | |||
| Al7)anuaty 2024 | 993 | 8721,865 | |
| Chargedfortheyear | 1,811 | 5962,401 |
|
| At31 December2024 | 2,804 | 1,468 4,272 |
|
| NetBookValue | |||
| At31December2024 | 7,242 | 2,386 9,628 |
|
| At31 December2023 | o,czJ | 1,7285,251 | |
| 20242023 | |||
| 5. CREDITORS:AMOUNTFALLING DUEWITHINONEYEAR | ff | ||
| Subscription | 4,0205,136 | ||
| Otherscreditors | |||
| AccountancyFee | 2,500 500 |
||
| 6,520 5,636 |
|||
| 20242023 | |||
| 6.RESERVE(CHARITYFUNDS) | tt | ||
| Income&ExpenditureAccountb/f | 138,81659,650 | ||
| lncome&ExpenditureAccount(current year) | 78,66179,166 | ||
| 277,477138,816 |