## Financial Statement for the Year Ended 31 December 2023 TRUSTEES: G BAKARE O BOLAJI A ONI REGISTERED ADDRESS: 137 HOOPER ROAD LONDON E16 3QD 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 2023 |**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**
**£**
14,325
-
14,325
14,325
8,450
5,426
151
-
14,027
298
-
298
31,910
32,208|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Endowment**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total Funds**
**Total Funds**
**2023**
**2022**
**£**
**£**
14,325
15,446
-
-
14,325
15,446
14,325
15,446
8,450
9,346
5,426
2,875
151
350
-
-
14,027
12,571
298
2,875
-
-
298
2,875
31,910
29,035
32,208
31,910| |---|---|---|---|---| Evangelical Global Outreach Church Charity Reg No 1177452 ## Evangelical Global Outreach Church Balance Sheet As at 31 December 2023 |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**
**£**
-
-
-
32,208
32,208
-
32,208
32,208
32,208
32,208
32,208|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-|**Endowment**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-|**Total Funds**
**Total Funds**
**2023**
**2022**
**£**
**£**
-
-
-
-
-
-
32,208
31,910
32,208
31,910
-
-
32,208
31,910
32,208
31,910
32,208
31,910
32,208
31,910
32,208
31,910| |---|---|---|---|---| The Financial statements were approved by the Board of Directors on 6th February 2024 and were signed on its behalf by: _Bakare_ G. O Bakare Trustee ............................................. Evangelical Global Outreach Church Charity Reg No 1177452 ## **1 INCOME AND ENDOWMENTS FROM:** ||**Unrestricted**|**Restricted**|**Endowment **|**Total Funds **|**Total Funds**| |---|---|---|---|---|---| ||**Funds**|**Funds**|**Funds**|**2023**|**2022**| |**Donations and Legacies**|**£**|**£**|**£**|**£**|**£**| |Congregational collections|||||| |and giving|12,234|-|-|12,234|12,872| |Tax recoverable under Gift Aid|2,090|-|-|2,090|2,574| ||14,325|-|-|14,325|15,446| |**Other Income**|||||| |Other Income|-|-|-|-|-| ||-|-|-|-|-| |**Total Income**|14,325|-|-|14,325|15,446| Evangelical Global Outreach Church Charity Reg No 1177452 ## **2-5 EXPENDITURE ON** |**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**
**£**
474
7,976
8,450
3,248
2,177
5,426
151
-

-

14,027|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-|**Endowment**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-|**Total Funds**
**2023**
**£**
474
7,976
8,450
3,248
2,177
5,426
151
-
-
14,027|**Total Funds**
**2022**
**£**
984
8,362| ||||||9,346| ||||||1,507
1,368| ||||||2,875| ||||||350| ||||||-| ||||||-| ||||||12,571| Evangelical Global Outreach Church Charity Reg No 1177452