| Charity | Information | |
|---|---|---|
| Trustees | Annual Report |
2-4 |
| Accountant's Report |
||
| Statement of Financial Activities |
||
| Balance | Sheet | |
| Notes to | Accounts | 8-10 |
| Statement of Financial A | ctivi | ties for the y | ear e | nd | ed 31 Dece | mber 2021 | ||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2021 | 2021 | 2020 | |||||
| Notes | Unrestricted | Restricted | Total | Total | ||||
| f | E | |||||||
| Incomin Resources |
||||||||
| Incoming resources from generated |
funds: | |||||||
| Voluntary income:donations |
89,682 | 89,682 | 53,248 | |||||
| Activities in furtherance ofthe charity |
||||||||
| objects | 32,740 | 32,740 | 10,000 | |||||
| Total Incoming Resources | 122,421 | 122,421 | 63,248 | |||||
| Resources Ex ended | ||||||||
| Charitable expenditure |
||||||||
| Grants payable - institutional | 4,818 | 4,818 | 3,400 | |||||
| Costs ofactivities in furtherance | of: | |||||||
| charity's objects | 47,384 | 47,384 | 58,539 | |||||
| Management and governance |
costs: | 2,772 | 2,772 | 1,527 | ||||
| Total Resources expended | 54,973 | 54,973 | 63,466 | |||||
| Net Incoming/(Outgoing) Resources for the year |
67,448 | 67,448 | (218) | |||||
| Total funds at 1 December 2021 |
731 | 731 | 948 | |||||
| Transfer between funds | ||||||||
| Total funds at 31 December | 2021 | 8 | 68,179 | 68,179 | 731 |
Balance sheet as at 31December 2021 |
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|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| FIXEDASSETS | Notes | E | E | ||
| Tangible Fixed Assets |
8,482 | 2,676 | |||
| 8,482 | 2,676 | ||||
| CURRENT ASSETS | |||||
| Debtors Cash in Hand/ Bank |
10 | 45,000 17,547 |
31,932 | ||
| 62,547 | 31,932 | ||||
| CREDITORS: | |||||
| Amount failing due within a year |
1'f | (2,850) | (33,877) | ||
| NET CURRENT ASSETS TOTAL ASSETS LESSCURRENT LIABILITIES |
59,697 68,179 |
731 | |||
| CREDITORS: | |||||
| Amount falling due more than a year |
|||||
| NETASSETS | 68,179 | 731 | |||
| ACCUMULATED FUNDS |
|||||
| Restricted | 14 | ||||
| Unrestricted TOTAL FUNDS |
13 | 68,179 68,179 |
731 731 |
| Restricted | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Fund | Fund | Total Fund | Total Fund | ||||
| 2. | Voluntary | Income: Donations | 2021 P |
2021 E |
2021f | 2020 P |
||
| Tithes | &Offerings | 89,679 | 89,679 | 53,248 | ||||
| Gift aid | claims | |||||||
| Interest | 3 | |||||||
| 89,682 | 89,679 | 53,248 | ||||||
| 3. | Grants received | E | E | |||||
| Grants | 32,740 | 32,740 | 10,000 | |||||
| 32,740 | 32,740 | 10,000 | ||||||
| 4. | Grants payable - | institutions | F | |||||
| Word Evangelical Mission (WEM) RCCG Central office |
2,750 550 |
2,750 550 |
2,900 500 |
|||||
| FOL | ||||||||
| Others | 1,518 | 1,518 | ||||||
| 4,818 | 4,818 | 3,400 |
| expenditure in supp |
o | rt | o | fthat activity where material. | fthat activity where material. | |||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| Funds | Funds | Funds | Funds | |||||
| 2020 | 2020 | 2020 | 2019 | |||||
| F | f. | F | ||||||
| Visiting Speakers' | Expenses | 2,933 | 2,933 | |||||
| Volunteer Expenses |
8,565 | 8,565 | 900 | |||||
| Welfare expenses | 8,159 | 8,159 | 9,946 | |||||
| Outreach, Conference |
and Seminar | 1,404 | 1,404 | 26,397 | ||||
| Children Dept |
547 | 547 | ||||||
| Training | 912 | 912 | ||||||
| Rent &Rates | 6,113 | 6,113 | 6,259 | |||||
| Communiation expenses |
1,034 | 1,034 | 1,202 | |||||
| Advert and Publicity | 467 | 467 | 375 | |||||
| Web Hosting/software | 1,729 | 1,729 | ||||||
| Travelling Expenses |
985 | 985 | 237 | |||||
| Printing, Postage |
& | Stationery | 1,408 | 1,408 | 2,912 | |||
| Insurance | 210 | 210 | 210 | |||||
| Music expenses | 1,170 | 1,170 | 1,180 | |||||
| Premises repairs | and | maintenance | 11,748 | 11,748 | 8,921 | |||
| 47,384 | 47,384 | 58,539 | ||||||
| Restricted | ||||||||
| Unrestricted | Fund | Fund | Total Fund | Total Fund | ||||
| 6.GOVERNANCE | COSTS | |||||||
| 2021 F |
2021 | 2021f | 2020 F |
|||||
| Legal & Professional | Fees | 850 | 850 | 650 | ||||
| Depreciation | 1,862 | 1,862 | 617 | |||||
| Bank Charges & |
Interest | 60 | 60 | 260 | ||||
| 2,772 | 2,772 | 1,527 | ||||||
| 6.1 NET MOVEMENT | IN FUNDS FOR THE YEAR | |||||||
| 2021 | 2020 | |||||||
| The net movement | in funds for the year is stated | |||||||
| after charging: | ||||||||
| Legal & Professional | Fees | 850 | 650 | |||||
| Bank Charges & | Interest | 60 | 260 | |||||
| 910 | 910 |
| Music | |||||
|---|---|---|---|---|---|
| Equipment | Total | ||||
| Cost | |||||
| At 1 Jan 2021 Additions At 31 Dec 2021 |
4,180 7,668 11,848 |
4,180 7,668 11,848 |
|||
| Depreciation | |||||
| At 1 Jan 2021 Charge for the year At 31 Dec 2021 |
1,504 1,862 3,366 |
1,504 1,862 3,366 |
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| Net Book Value | |||||
| At 31 December 2021 | 8,482 | 8,482 | |||
| At 31 December 2020 | 2,676 | 2,676 | |||
| 10.DEBTORS | 2021 | 2020 | |||
| 6 | |||||
| Loan to Charity | 45,000 | ||||
| 45,000 | |||||
| 11.CREDITORS: AMQUNTS | FALLING DUE wITHIN oNE YEAR | ||||
| 2021 | 2020 | ||||
| Accruals Others |
850 2,000 |
650 33,227 |
|||
| 2,850 | 33,877 | ||||
| 12.CREDITORS: AMQUNTS FALLING DUE AFTER QNE YEAR |
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| 2021 | 2020 | ||||
| Loan |