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2021-12-31-accounts

EVANGELICAL GLOBAL OUTREACH CHURCH

Financial Statement for the Year Ended

31 December 2021

TRUSTEES: G BAKARE O BOLAJI A ONI REGISTERED ADDRESS: 94 LAWRENCE STREET LONDON E16 1HQ CHARITY NUMBER: 1177452

Evangelical Global Outreach Church Charity Reg No 1177452

Evangelical Global Outreach Church Statement of Financial Activities For the Year Ended 31 December 2021

Note
INCOME AND ENDOWMENTS FROM:
Donation and Legacies
1
Other income
Total Income
Net Incoming Resources
available for Mission
EXPENDITURE ON:
Ministry
2
Education and outreach
3
Community, parish and congregation
4
Other expenditure
5
Total Expenditure
NET (OUTGOING)/INCOMING RESOURCES
BEFORE INVESTMENT GAINS
Net gains on Investment
Net income/(expenditure)
Reconciliation of funds:
Total funds brought forward
Total funds Carried Forward
Unrestricted
Funds
£
22,843
-
22,843
22,843
9,500
3,543
982
-
14,025
8,818
-
8,818
20,217
29,035
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
Total Funds
Total Funds
2021
2020
£
£
22,843
24,003
-
-
22,843
24,003
22,843
24,003
9,500
11,572
3,543
2,756
982
1,730
-
-
14,025
16,058
8,818
7,944
-
-
8,818
7,944
20,217
12,273
29,035
20,217

Evangelical Global Outreach Church Charity Reg No 1177452

Evangelical Global Outreach Church Balance Sheet As at 31 December 2021

Note
Fixed Assets
Current Assets
Debtors
Deposits & Cash
Liabilities due within one year
Deposits & Cash
Net Current Assets
Total Asset Less Current Liabilities
Net Assets
Representing
Funds
General Fund
Unrestricted
Funds
£
-
-
-
29,035
29,035
-
29,035
29,035
29,035
29,035
29,035
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
-
Total Funds
Total Funds
2021
2020
£
£
-
-
-
-
-
-
29,035
20,217
29,035
20,217
-
-
29,035
20,217
29,035
20,217
29,035
20,217
29,035
20,217
29,035
20,217

The Financial statements were approved by the Board of Directors on 14 May 2022 and were signed on its behalf by:

G.O. Bakare

.............................................

G Bakare Trustee

Evangelical Global Outreach Church Charity Reg No 1177452

1 INCOME AND ENDOWMENTS FROM:

Donations and Legacies
Congregational collections
and giving
Tax recoverable under Gift Aid
Other Income
Other Income
Total Income
Unrestricted
Funds
£
21,221
1,621
Restricted
Funds
£
-
-
Endowment
Funds
£
-
-
Total Funds Total Funds
2021
2020
£
£
21,221
21,459
1,621
2,544
`
22,843
24,003
-
-
-
-
22,843
24,003
22,843 - -
- - -
- - -
22,843 - -

Evangelical Global Outreach Church Charity Reg No 1177452

2-5 EXPENDITURE ON
Ministry
Clergy expenses
Cost of Services
Education and outreach
Educational activities
Charitable and other giving
Community, parish and
congregation
Other expenditure
Other items
Total
Unrestricted
Fund
£
-
9,500
9,500
682
2,000
2,681
1,844
-
-
14,025
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
Endowment
Funds
£
-
-
-
-
-
-
-
-
-
-
Total Funds
2021
£
-
9,500
9,500
682
2,000
2,681
1,844
-
-
14,025
Total Funds
2020
£
-
11,572
11,572
896
1,860
2,756
1,730
-
-
16,058

Evangelical Global Outreach Church Charity Reg No 1177452