## **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**| |**Email**|**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**|