2021-03-31-accounts

			Page
Charity information			1
Trustees report			2
Independent auditors'	report		7
Statement offinancial	activities		10
Statement offinancial	position		11
Cash flow statement			12
Notes to the accounts			13
Detailed statement of	financial	activities	17

		Mr. Garfield Allen
		Mrs. Juliette Harding
	Vice Chair	Mrs. Tamara King-Makinwa
General	Secretary	Rev. Beverley Jennifer Russell-Burke,		B Ed Hone
		The Rt. Rev. Delroy Powell
		Rev. Nezlin Jemima Sterling,	BA Hone
		Rev. Nathan Lewis-Gordon
		Rev. Deborah Wilson
		Miss Melanic Kennedy
		Rev. Dominic Lewis-Gordon
		Miss ionic Townend
		Rev. Ope Alabi
		Rev. Denise Peters
		Miss Jackie Cooke

for the year ended	31 March 2021
				As restated
		Notes	2021	2020
			F	F
Income	(see page 17)
Tithes and offerings			472,191	648,406
Fund raising and gift	aid		87,093	116,312
Donations and other	contributions		36,051	60,279
Interest receivable			2,219	3,102
Rents			89,982	103,227
Sundry			49,488	84,799
Profit on sale offixed	assets		5,999
			743,023	1,016,125
Expenditure	(see page 17)
Charitable activities			572,440	781,636
Raising funds			150,102	151,599
Other			93,669	106,997
Assembly leaving the	Charity - South Croydon			8,468
Total expenditure			816,211	1,048,700
Net income/(expenditure)			(73,188)	(32,575)
Total funds brought	forward		1,954,447	1,987,022
Total funds carried	forward	13	1,881,259	1,954,447

as at 31 March 20	21					As restated
		Notes		2021		2020
				F		6
Fixed assets
Tangible assets				9,236,783		9,314,927
Current assets
Debtors		7	105,296		99,475
Short term deposits			830,619		840,286
Cash at bank and in hand			250,730		190,956
			1,186,645		1,130,717
Creditors: amounts	falling due
within one year		8	(135,648)		(81,612)
Net current assets				1,050,997		1,049,105
Total assets less current
liabilities				10,287,780		10,364,032
Creditors: amounts	falling due
after more than one	year	9		(1,562,673)		(1,565,737)
Net assets				8,725,107		8,798,295
Capital and reserves
Revaluation reserve		11		6,783,265		6,783,265
Restricted funds		12		60,583		60,583
Unrestricted funds		13		1,881,259		1,954,447
Total charity funds				8,725, 107		8,798,295

			2021		2020
Cashflow from operating		activities
Net income/(expenditure)		for the reporting	period
Net income			(73,188)		(32,575)
Adjustments for
Depreciation			124,318		127,165
Interest payable			59,683		66,462
(Increase)/decrease	in debtors		(5,821)		(44,692)
(Decrease) in creditors			6,883		(37,967)
			111,875		78,393
Cashf low from investing		activities
Sale ofTangible fixed assets Purchase ofTangible fixed assets			6,000 ~52,124		31,903
			46,174		31,903
Cashflow from financing		activities
Repayment ofloans	net ofadvances		(15,594)		102,317
Net (decrease)/increase		in cash	50,107		(55,827)
Cash at bank and deposits		at 1 April	1,031,242		1,087,069
Cash at bank and deposits		at 31 March	1,081,349		1,031,242
Consisting of
Cash at bank and in	hand		250,730		190,956
Short term deposits			830,619		840,286
			1,081,349		1,031,242
Analysis ofchanges	in net funds/(debt)
Net cash			At 31/3/2020	Caehflow	At 31/3/2021
Cash at bank and in	hand		190,956	59,774	250,730
Short term deposits			840,286	(9,667)	830,619
			1,031,242	50,107	1,081,349
Debt
Loans due within one year			(36,855)	(20,542)	(57,397)
Loans after more than one year			(1,444,448)	(23,547)	(1,467,995)
			1,481,303	44,089	1,525,392
Total			(450,061)	6,018	(444,043)

Staff Costs		2021	2020
		E	E
Salaries end wages		104,507	111,765
Sodsl Security costs		37,248	24,406
		141,755	136,171
Average no. of employees
No employee received more than E60,000 in either	2021 or 2020.
Audit &other services		2021	2020
		F.
Audit Fees		4,800	4,800
		4,800	4,800

Tangible fixed assets
	Freehold	Fixtures	and		Computer
	propert)r	equipment		Motor vehicles	Equipment	Total
	F.		E	F.		E
Cost
At 1 April 2020	9,580,308	425,113		29,400	88,445	10,123,266
Additions			45,356		6,818	52,174
Disposals				(22,000)		(22,000)
At 31 March 2021	9,580,308	470,469		7,400	95,263	10,153,440
Depreciation
At 1 April 2020	345,950	355,676		26,624	80,089	808,339
Charge for the year	95,740		28,076	1,850	4,651	130,317
On dlsposals				(21,999)		(2to999)
At 31 March 2021	441,690	383,752		6,475	84,740	916,657
Net book value
At 31 March 2021	9,138,618		86,717	925	10,523	9,236,783
At 31 March 2020	9,234,358		69,437	2,776	8,356	9,314,927

7	Debtors								2021	2020
									E	E
	Gift aid due								62,498	45,387
	Prepaymsnts	and accrued income							7,029	19,429
	Other debtors								35,769	34,659
									105,296	99,475
8	Creditors: amounts			falling due within one year					2021	2020
	Bank loans and		overdrafts						57,397	36,855
	Trade creditors								43,729	2,546
	Other creditors								34,522	42,211
									135,648	81,612
9	Creditors; amounts			fafflng due after one		year			2021	2020
	Bank loans								1,467,995	1,444,448
	Due to Related		Charity						94,678	121,289
									1,562,673	1,565,737
	The Bank loans		ars secured on the freehold			propenies	of the Charity	and a Life Insurance	policy.
	Interest is charged on				the loans at between	1.7%end	3.5%over LIBOR.
	Bank loans repayable				over one year are as	follows:
									2021	2020
									E	E
	2-5years								242,415	163,465
	Over 5years								1,225,580	1,280,963
									1,467,995	1,444,448

	Barking		Baling			Tcotlrig
	Clap ham		Leyton			Tottenhem
	Dspfford		Nottlnghem			Wargngham
	Dulwich		Thornton	Heath
11	Revaluation	reserve			2021		2020
					E
	At 1 Aprg 2020				6,783,265		6,783,265
	At 31 March	2021			6,783,265		6,783,265

12	Restricted funds	Restricted funds	2021	2020
			E	E
	At 1 April 2020		60,583	60,583
	At 31 March	2021	60,583	60,583
13	Unrestricted	funds	2021	2020
			E
	At 1 Apnl 2020		2,056,587	2,114,162
	Prior year adjustment		(102,140)	(127,140)
	As restated		1,954,447	1,987,022
	Net movement	in fund	(73,188)	(32,575)
	At 31 March	2021	1,881,259	1,954,447

for the year ended 3		1 March 2021
			Unrestricted	Unresticted
			Funds	Funds
			2021	2020
Tithes and offering			472,191	648,406
Funderaising and gift aid			87,093	116,312
Donations and other contributions			36,051	60,279
Interest receivable			2,219	3,102
Charitable activities-Rents			89,982	103,227
Charitable activities-Sundry			49,488	84,799
Profit on sale offixed assets			5,999
			743,023	1,016,125
Resources expended
Charitable expenditure
Salaries and allowances			141,755	136,171
Travel and activities			4,456	36,507
Premises costs			132,738	204,641
Running costs			133,829	193,249
Gifts and donations			41,429	52,989
Catering			8,262	36,819
Church and social costs			99,278	100,476
Publicity and fundraising			1,004	1,214
Training and volunteers		expenses	9,689	19,570
			572,440	781,636
Costs of raising funds
Depreciation			130,317	127,165
Other expenses			4,623	7,264
Accountancy			10,362	12,370
Audit fees			4,800	4,800
			150,102	151,599
Administrative expenses
Legal and professional	costs		31,271	35,303
Bank charges			2,715	5,232
Interest on loan			59,683	66,462
			93,669	106,997
Other items
Assembly leaving: South		Croydon		8,468
				8,468
			816,211	1,048,700