IKHEWA COMMUNITY ORGANISATION
Annualr report for the year ended
31.Mär.21
Charity No. 1183574
About the organisation
| Organisation Name | :IKHEWA COMMUNITY ORGANISATION LIMITED |
|---|---|
| Charity Number | : 1183574 |
| Company No: | : 10365693 |
| Charity Address | Hamstead Road |
| Hockley | |
| Birmingham | |
| B19 1DG | |
| Phone Number | 0121 679 8910 |
| info7@ikhewacentre.org | |
| Website | www.ikhewacentre.org |
| Accountant | Diamond Accountants & General Services Limited |
| Office 3 | |
| 465 Coventry Road | |
| Birmingham | |
| B10 0TJ | |
| Bankers | HSBC PLC |
| Account details; | Sort Code 40-11-18 |
| Account Number 95381371 |
IKHEWA COMMUNITY ORGANISATION LIMITED
Charity No. 1183574
PROFIT AND LOSS ACCOUNT for the year ended 31 March 2021
| £ Turnover cost of goods sold - Total cost of Sales Cross Profit Expenses Wages 7 Staff Salaries Rent & utility 11,011.45 other Charges 23,155.43 Total Expenses Net Profit/Loss |
2021 £ 30,845.80 - |
|
|---|---|---|
| 30,845.80 | ||
| 34,166.88 | ||
| - | 3,321.08 |
| IKHEWA COMMUNITY ORGANISATION | IKHEWA COMMUNITY ORGANISATION | LIMITED |
|---|---|---|
| Charity No. 1183574 | ||
| Balance Sheet | ||
| As at 31 March 2021 | ||
| Notes | 2021 | |
| £ | £ | |
| Fixed Assets | ||
| Current Assets | ||
| Debtors | ||
| Cash at bank and in hand | 131795.76 | |
| 131795.76 | ||
| Creditors | ||
| Amount falling due within one year (Accountancy) | 200.00 | |
| Net current assets / (liabilities) | 131595.76 | |
| Total assets less current liabilities | 131595.76 | |
| Net Assets / (liabilities) | 131595.76 | |
| Capital and reserves | ||
| Retained Fund | 0.00 | |
| Deficit for the year ended | 134916.84 | |
| -3121.08 | ||
| Net Asset | 131795.76 | |
| Prepared by Diamond Accountants | ||
| Approved by the Director on | ||
| 27.10.2021 |
IKHEWA COMMUNITY ORGANISATION LIMITED
Charity No. 1183574
NOTES TO THE ACCOUTS
for the year ended 31 March 2021
1 Accounting policies
Accounting basis
The accounts have been compiled on that basis enables profits to be calculated in accourdance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.
IKHEWA COMMUNITY ORGANISATION LIMITED
Charity No. 1183574
DETAILED PROFIT AND LOSS ACCOUNT for the year ended 31 March 2021
| Turnover Cost of goods bought for resale or goods used commission payable Total cost of goods bought for resale or goods used Total cost of sales Gross profit Allowable Expenses Utility Bill Heating & Lighting Refurbishment, Repair & Maintenance Refurbishment Cost West Collection Bakery to Feed the Needy Phone & Broad Band Broad Band Bank Charges Charges Equipment & Furniture Equipment. Furniture Legal and other professional fees Lease agreement Fees Accountant's Fee ccountantant's Fee Total Expenses Net Profit/Loss |
2021 £ 30,845.80 0.00 |
|---|---|
| 0.00 | |
| 30,845.80 | |
| 11,011.45 | |
| 11,011.45 | |
| 18,393.25 | |
| 18,393.25 | |
| 845.71 | |
| 845.71 | |
| 409.27 | |
| 409.27 | |
| 0.00 | |
| 0.00 | |
| 0.00 | |
| 0.00 | |
| 3,307.20 | |
| 3,307.20 | |
| 200.00 | |
| 200.00 | |
| 34,166.88 | |
| -3,321.08 |
INCOME & EXPENSES STATEMENT 2021
IKHEWA COMMUNITY ORGANISATION LIMITED
INCOME
| Revenue | B/fd | Apr.20 | Mai.20 | Jun.20 | Jul.20 | Aug.20 | Sep.20 | Okt.20 | Nov.20 | Dez.20 | Jän.21 | Feb.21 | Mär.21 | TOTAL |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 134,916.84 | ||||||||||||||
| Donations | 868.00 | 5,598.50 | 8,435.00 | 2,288.50 | 1,021.00 | 1,221.00 | 2,310.50 | 3,694.00 | 1,961.00 | 1,183.50 | 1,006.50 | 1,258.30 | 30,845.80 | |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Total INCOME | 134,916.84 | 868.00 | 5,598.50 | 8,435.00 | 2,288.50 | 1,021.00 | 1,221.00 | 2,310.50 | 3,694.00 | 1,961.00 | 1,183.50 | 1,006.50 | 1,258.30 | 30,845.80 |
EXPENESES
| Operating Expenses | Apr.20 | Mai.20 | Jun.20 | Jul.20 | Aug.20 | Sep.20 | Okt.20 | Nov.20 | Dez.20 | Jän.21 | Feb.21 | Mär.21 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rent & Rates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Wages & Slaries | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Heating& Lighting | 0.00 | 0.00 | 4,575.75 | 330.31 | 331.06 | 326.65 | 338.41 | 377.29 | 1,353.50 | 604.30 | 2,324.71 | 449.47 | 11,011.45 | |
| Water Bill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Repairs & Maintenance | 0.00 | 0.00 | 0.00 | 6,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8,000.00 | 2,700.00 | 1,693.25 | 0.00 | 18,393.25 | |
| Hospitality | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Legal & Professional Cost | 0.00 | 0.00 | 0.00 | 3,307.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,307.20 | |
| Equipment | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| West collection | 71.81 | 174.41 | 59.21 | 75.41 | 59.21 | 84.41 | 59.21 | 71.81 | 71.81 | 59.21 | 59.21 | 0.00 | 845.71 | |
| Phone & BB | 34.13 | 35.57 | 37.73 | 37.73 | 37.73 | 37.73 | 37.73 | 37.73 | 37.73 | 37.73 | 37.73 | 0.00 | 409.27 | |
| Bank Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sunderyexpenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Comapnies house | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ACCOUNTANTS | 200.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 200.00 | |
| Total EXPENSES | 305.94 | 209.98 | 4,672.69 | 9,750.65 | 428.00 | 448.79 | 435.35 | 486.83 | 9,463.04 | 3,401.24 | 4,114.90 | 449.47 | 34,166.88 | |
| 135,478.90 | 140,867.42 | 144,629.73 | 137,167.58 | 137,760.58 | 138,532.79 | 140,407.94 | 143,615.11 | 136,113.07 | 133,895.33 | 130,786.93 | 131,595.76 | 34,166.88 |