2020-12-31-accounts

			ASSOCIATE'D GOSPEL ASSEMBLIESTRUST	ASSOCIATE'D GOSPEL ASSEMBLIESTRUST	ASSOCIATE'D GOSPEL ASSEMBLIESTRUST
				CHARITY INFORMATION
			YEAR ENDED 31STDECEMBER 2020
Charity	Registration		Number:	287362
Principal	Otttce:			Roundwood Gospel	Assembly
				Longstone Avenue
				London
				NW10 3UE
Trusteem				Derek Williams Esq.
				Joyce Taylor
				Edward Goes
				Carlton Dennis Revy Dr(Pastor)
				Ms Dtana Gittens
Bankers:				HSBC
				50-52 Xltburn High	Road
				Xilburn
				London NW6 4HJ
tndependeut		Exmniners:		Leroy Reid &Co.
				Chartered Certified	Accountants	and
				Regislered Auditors
				299Northborough	Road
				Norbury
				London SW164TR

CONTENTS		PACK
Trustees Report		1-2
Report oI'the Examiner
Statement ofPinancisl	Activities
Balance Sheet
Notes to the Pinancial	statmnents

YEAR ENDED 3	1STDKCEMSER 2020
INCOM INC RESOURCES	~NO	2020	2~09
Church income	1(b) dc 2	50,077	84,268
Investment income	1(b)	16	132
Insurance claim		Nil	5600
Total incoming rosources		50105)	9~000
RESOURCKS EXPENDED
Direct ohurch expenditure	3	~64 cI	f4221
Net movement ln funds		(14,825)	16,749
Funds brought lorward		~19170	~I920 4
Funds carried forward

	NOT	S	Z~OO	2019
FIXEDASSETS			~1853 257	l 83~SI
CURRENT ASSETS			3 585	4415
Debtors and prepayments			~55	9~14
Cash and bank balances
			75,137	102,589
CURRENT LIABILITIES			~6129	I2~280
Creditors snd accruals
NET CURRENT ASSETS(LIABIIITIES)			09 008	QIO~OO
NKT ASSETS
FUNDS
Unrestricted funds

	ASSOCIATED COSPKL A NOTES TO TII0,' FINANCIAL ST YEAR ENIZED 31STD	ASSOCIATED COSPKL A NOTES TO TII0,' FINANCIAL ST YEAR ENIZED 31STD	SSKMBLIKSTR ATEMENTS (C ECEMBER 202	UST ONTINUED 0	)
	DIRECT CIIIIRCII EXPENSES					2020	2019
	Light and heat Ministerial allowance					9,532 14,900 45$	11,787 It,r)60 2,129
	Pood and provisions					4,198	4,933
	Insurance Postage, stationery, printing and telephone Repairs, maintenance and cleaning Accountancy fees					2,261 6,652 2,280 810	1,909 27,131 2,280 3,09$
	Rates and water Donations, gifts and speoiel	events				11,310	4,715 962
	Payment to AGA Trust Motor running costs					4,021 10	542 60
	Bank charges					72
	Books and publications					8 414	1,745
	Depreciation
4	I'IXKD ASSETS			1}ggllte	I
			~pr eho ~pro er	~FI Iu		MUBM VVaatI	Total
	COST OR VALUATION Opening balance Additions for the year Disposnls		1,821.450 Nil Nil	77,2$9 Nil Nil		16,913 24,890 NLI	1,915,652 24,890 Nil
				~72		4~1	I 9~~542
	Closing balance
	ACCUMUI ATKD DEPRECIATION Opening balance Charge for the yenr		Nil Nil Nil	77,180 54 Nil		1,691 8,360 5il	78,871 8,414 Nil
	Dtsposals
				77234		Jll 051	~72
	Closing balance
	NET BOOK VALUE
	as at 31st December 2020
	as at 31st December 2019

(	DEBTORS ANI) PREPAYMENTS	2020	2~0
	txran to members	3~85	4 415
6	CASH AND BANK BALANCES	2020	2019
	ttoundwood Gospel Assembly Gospel Tabernaole Assembly Associated Gospel Assemblies Trust	35,298 8,373 27 881	60,939 8,369 e~866
7	CREDITORS AND ACCRUALS	2020	2019
	Accruals
8	ANALYSIS OF NET ASSETS BETWEEN FUNDS	2020	2~01
	Tangible fixed assets Nct current assets	1,853,257 ~900	1,836.781 ~10 9
		~)7 7

INCOMING RESOURCES	INCOMING RESOURCES		NOTES	2020
Church income Fundmising and activities interest received insurance claim			l(a) 1(s)& 2 1(a) l(a)	46,864 3,213 16 0	70,136 14,132 132 ~5600
				50,093	90,000
RESOURCES EXI'ENDED
				9,532	11,787
Light and heat				14,900	II,960
Ministerial allowance				458	2,129
Food snd provisions				4,198	4,933
Insurance				2,261	l,909
Postage, stationery, printing		and telephone		6,652	27,131
Repairs, maintenance	and cleaning			2,280	2,280
Accountancy fees				810	3,098
Rates and wsier				11,310	4,7 15
Donations, gifts and	special	events			962
Payment to ADA Trust				4.021	542
Motor running costs				10	60
Bank charges				72
Books and publications				8 4i4	I 745
Depreciation
				64918	73,251
Total expenditure
Net incoming resources