## ## |||||Page|| |---|---|---|---|---|---| |Reference and administrative||details|||| |Report ofthe trustees|||2|to|6| |Report ofthe independeat
auditors|||7|to|10| |Statement offinancial|activities||||| |Statement offinancial|position|||12|| |Statement ofcash Bows||||13|| |Notes to the financial|statements||14|to|21| |Detailed statement of|financial|activities|22|to|23| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funds| ||||Notes||||| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies|||2|277,597||277,597|382,829| |Charitable
activities|||||||| |Missions and donations||||250||250|| |Investment
income|||3|192||192|5,923| |Total||||278,039||278,039|388,752| |EXPENDITURE ON|||||||| |Charitable
activities|||||||| |Church expenses||||135,873||135,873|150,519| |Hall hire for church services|||||||8,750| |Missions and donations|||||||500| |Total||||135,873||135,873|159,769| |NET INCOME||||142,166||142,166|228,983| |RECONCILIATION|OF FUNDS||||||| |Total funds brought|forward|||5,815,170||5,815,170|5,586,187| |TOTAL FUNDS CARRIED FORWARD||||5,957,336||5,957,336|5,815,170| |
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1'!!!':r))i ))'rf I!)!)!'I)|'I9(' !ll.|\ RIC|1 'll| |I(KIil I)f'))l)h|'r( ' ll!|( hl '|| ## ||FORTH|E Y|EAR ENDED 3|0TH SEPTEMBER2021|| |---|---|---|---|---|---| |||||2021|2020| ||||Notes||| |Cash flows from operating|activities||||| |Cash generated
froin operations|||17|145,512|240,809| |Net cash provided
by operating activities||||145,512|240,809| |Change
in cash and cash equivalents||in|||| |the reporting
period||||145,512|240,809| |Cash and cash equivalents|at the||||| |beginning ofthe reporting|period|||2,444,734|2,203,925| |Cash and cash equivalents|at the end|of|||| |the reporting
period||||2,590,246|2,444,734| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||DONATIO|NS
AND LEGA|CIES||||| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funds| ||Tithes and offering|||277,597||277,597|382,829| |3.|INVESTMENT INCOME||||||| |||||||2021|2020| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funds| |||||K|||| ||Investment|income||192||192|5,923| |4.|INCOME|FROM CHARITABLE ACTIVITIES|||||| |||||||2021|2020| ||||Activity|||K|| ||Conferences|and events|Missions and|donations||250|| |5.|CHARITABLE ACTIVITIES COSTS||||||| ||||||Direct|Support|| ||||||Costs (see|costs (see|| ||||||note 6)|note 7)|Totals| ||||||||f.| ||Church expenses||||130,647|5,226|135,873| ## ## ## |||||2021|2020| |---|---|---|---|---|---| ||||||8| ||Trustees'
remuneration|etc||58,565|52,647| ||Staffcosts|||10,975|9,461| ||Rates|||9,904|9,135| ||Insurance|||7,732|8,950| ||Light and heat|||9,655|13,609| ||Telephone
and internet|||3,300|2,466| ||Postage and stationery|||2,607|6,273| ||Conferences
and events|||3,800|7,061| ||Media team expenses|||2,043|1,457| ||Church supplies|||1,074|4,141| ||Honorarium|||2,000|2,330| ||Legal and professional|fees|||120| ||Motor expenses|||1,710|1,735| ||Repairs and maintenance|||6,953|178| ||Subscription|||5,343|5,019| ||Hall hire||||8,750| ||Donation||||579| ||Bank charges|||18|121| ||Sincere Praise Production||Costs||15,930| ||Depreciation||||5,227| |||||130,647|155,189| |7.|SUPPORT COSTS||||| ||||||Governance| ||||||costs| ||Church expenses||||5,226| ||Support costs, included|in|the above, are as follows:||| ||GOVERNANCE COSTS||||| |||||2021|2020| |||||Church|Total| |||||expenses|activities| ||Auditors'
remuneration|||4,666|4,232| ||Auditors'
remuneration|for|non audit work|560|348| |||||5,226|4,580| ## ## ## ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| |||||||||K| ||Fees payable to||the|charity's|auditors|for the audit ofthe charity's||| ||financial|statements|||||4,666|4,232| ||Other non-audit||services||||560|348| |9.|TRUSTEES' REMUNERATION|||||AND BENEFITS||| ||||||||2021|2020| ||Trustees'|salaries|||||56,225|50,000| ||Trustees'|social security|||||1,028|1,519| ||Trustees'|pensions||paid|||1,312|1,128| ||||||||58,565|52,647| ## ## |STAFFCOSTS||| |---|---|---| ||2021|2020| |Wages and salaries|10,713|9,371| |Social security costs|194|90| |Pension - Employer|68|| ||10,975|9,461| |The average m|onthly
number ofemployees
during t|he year was as follows:|| |---|---|---|---| |||2021|2020| |Pastors||2|2| |Administrative|staff|1|1| |||3|3| ## ## ## |11.|TANGIBLE FIXEDASSETS|||||| |---|---|---|---|---|---|---| |||Freehold|Plant|and|Motor|| |||property|machinery||vehicles|Totals| ||||8|||8| ||COST|||||| ||At 1stOctober 2020 and|||||| ||30th September 2021|3,363,700|222,908||23,509|3,610,117| ||DEPRECIATION|||||| ||At 1stOctober 2020||217,918||23,050|240,968| ||Charge for year||4,876||92|4,968| ||At 30th September 2021||222,794||23,142|245,936| ||NET BOOK VALUE|||||| ||At 30th September 2021|3,363,700||114|367|3,364,181| ||At 30th September 2020|3,363,700|4,990||459|3,369,149| |12.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE||YEAR|||| ||||||2021|2020| ||Prepayments||||7,862|7,189| |13.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||| ||||||2021|2020| ||||||8|| ||Taxation and social security|||||1,442| ||Other creditors||||4,953|4,460| ||||||4,953|5,902| |14.|ANALYSIS OF NET ASSETSBETWEEN FUNDS|||||| |ANAL|YSIS OF NET ASSETS|BETWEEN FUNDS|||| |---|---|---|---|---|---| |||||2021|2020| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| |||f,|8||| |Fixed assets||3,364,181||3,364,181|3,369,149| |Current|assets|2,598,108||2,598,108|2,451,923| |Current|liabilities|(4,953)||(4,953)|(5,902)| |||5,957,336||5,957,336|5,815,170| ## ## ## |MOVEMEN|T IN FUNDS|||||| |---|---|---|---|---|---|---| |||||Net|Transfers|| ||||At|movement|between|At| ||||1.10.20|in funds|funds|30.9.21| |Unrestricted|funds|||||| |General fund|||4,058,174|142,166|(268,250)|3,932,090| |Designated
fund|||1,756,996||268,250|2,025,246| ||||5,815,170|142,166||5,957,336| |TOTAL FUNDS|||5,815,170|142,166||5,957,336| |Net movement|in funds, included||in the above are as follows:|||| |||||incoming|Resources|Movement| |||||resources|expended|in funds| |Unrestricted|funds|||||| |General fund||||278,039|(135,873)|142,166| |TOTAL FUNDS||||278,039|(135,873)|142,166| |Comparatives|for movement|in|funds|||| ||||||Net|| |||||At|movement|At| |||||1.10.19|in funds|30.9.20| |||||8||| |Unrestricted|funds|||||| |General fund||||3,919,836|138,338|4,058,174| |Designated
fund||||1,666,351|90,645|1,756,996| |||||5,586,187|228,983|5,815,170| |TOTAL FUNDS||||5,586,187|228,983|5,815,170| |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in funds| |Unrestricted|funds|||| |General fund||298,107|(159,769)|138,338| |Designated|fund|90,645||90,645| |||388,752|(159,769)|228,983| |TOTAL FUNDS||388,752|(159,769)|228,983| ## ## ## ## ## ## ## |||||2021|2020| |---|---|---|---|---|---| |Net income|for the|reporting|period (as per the Statement of||| |financial
activities)||||142,166|228,983| |Adjustments|for:||||| |Depreciation|charges|||4,968|5,227| |(increase)/decrease||in debtors||(673)|5,903| |(Decrease)/increase||in creditors||(949)|696| |Net cash provided||by operations||145,512|240,809| |ANALYSIS|OF CHANGES IN NET FUNDS||||| ||||At 1.10.20|Cash flow|At 30.9.21| |Net cash|||||| |Cash at bank|||2,444,734|145,512|2,590,246| ||||2,444,734|145,512|2,590,246| |Total|||2,444,734|145,512|2,590,246| ## ## ## ## ## |||FORTIIEFE|AR ENDED 30TH SEP|T~ESER2022||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||Unrestricted|Restricted|Total|Total| ||||funds|funds|funds|funds| |INCOME AND ENDOWMENTS||||||| |Donations
and legacies||||||| |Tithes and offering|||277,597||277,597|382,829| |Iavestment
income||||||| |investment
income|||192||192|5,923| |Charitable
activities||||||| |Conferences
and events|||250||250|| |Total incoming
resources|||278,039||278,039|388,752| |EXPENDITURE||||||| |Charitable
activities||||||| |Trustees'
salaries|||56,225||56,225|50,000| |Trustees' social security|||1,028||1,028|1,519| |Trustees' pensions
paid|||1,312||1,312|1,128| |Wages|||10,713||10,713|9,371| |Social security|||194||194|90| |Pensions|||68||68|| |Rates|||9,904||9,904|9,135| |insurance|||7732||7,732|8,950| |Light and heat|||9,655||9,655|13,609| |Telephone
and internet|||3,300||3,300|2,466| |Postage and stationery|||2,607||2,607|6,273| |Conferences
and events|||3,800||3,800|7,061| |Media teain expenses|||2,043||2,043|1,457| |Church supplies|||1,074||1,074|4,141| |Honorarium|||2,000||2,000|2,330| |Legal and professional|fees|||||120| |Motor expenses|||1,710||1,710|1,735| |Repairs and maintenance|||6,953||6,953|178| |Subscription|||5,343||5,343|5,019| |Hall hire||||||8,750| |Donation||||||579| |Bank charges|||18||18|121| |Sincere Praise Production||Costs||||15,930| |Depreciation oftangible||fixed assets|4,968||4,968|5,227| ||||130,647||130,647|155,189| |Support costs||||||| |Governance
costs||||||| |Auditors'
remuneration|||4,666||4,666|4,232| |Carried forward|||4,666||4,666|4,232| ## ## ||||FORTHlr Y~RE|5DED 30TH SEP|TEMBER2021||| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds
K|funds
f|fundsf| |Governance||costs|||||| |Brought forward||||4,666||4,666|4,232| |Auditors'|remuneration||for non audit work|560||560|348| |||||5,226||5,226|4,580| |Total resources||expended||135,873||135,873|159,769| |Net income||||142,166||142,166|228,983|