## ## ## |Charity|Registration|Registration|Number:|287362|| |---|---|---|---|---|---| |Principal|Office:|||Roundwood
Gospel Assembly|| |||||Longstone
Avenue|| |||||London|| |||||NW10 3UE|| |Trustees.||||Derek Williams
Esq.|| |||||Joyce Taylor|| |||||Edward Goes|| |||||Carlton Dennis Revy Dr(Pastor)|| |||||Ms Diana Gittens|| |Bankers:||||Pentecostal
Credit Union Ltd|| |||||15 Oldridge Road|| |||||Balham|| |||||London, SW12 8PL|| |Independent||Examiners:||Leroy Reid &Co.|| |||||Chartered
Certified Accountants|and| |||||Registered
Auditors|| |||||299Northborough
Road|| |||||Norbury|| |||||London SW164TR|| |||| |---|---|---| |CONTENTS||PAGE| |Trustees Report||l-2| |Report ofthe Examiner||| |Statement ofFinancial|Activities|| |Balance Sheet||| |Notes to the Financial|Statements|6-8| ## |The trustees|The trustees|named on the front sheet have served
during
the year.||||| |---|---|---|---|---|---|---| |Trustees'|Responsibilities
For The Financial Statements|||||| |The law requires
us the trustees to prepare the financial
statements
for each year which||||gives||| |a true and|fair view oftbe state ofatfsirs ofthe organisation
and ofits surplus||and deficit for||that|year.| |ln preparing||the financial
statements
we are required to:||||| |(a)||select suitable accounting
policies and apply them consistently
through
the years.||||| |(b)||make judgements
and estimates
that are reasonable
and prudent.||||| |(c)||state whether
applicable
accounting
standards
have been followed,|subject|to any|material|| |||departures
that should
be disclosed
and explained
in the financial|statements.|||| |(d)||prepare the financial
statements
on the going concern basis unless|it is inappropriate|||to| |||presume
that the organisation
will continue
in business.
We are responsible||for keeping||| |||proper accounting
records, for safeguarding
the assets ofthe organisation||and for|taking|| |||reasonable
steps for the prevention
and detection offraud and other irregularities|||should|| |||they exist.||||| ## ## ## ## ## ## |INCOMING
RESOURCES|NOTES|2021||2020| |---|---|---|---|---| |Church
income|1(b) 62 2|84,009||50,077| |Investment
income|l(b)|2||16| |Total incoming
resources||84 011||~50093| |RESOURCES EXPENDED||||| |Direct church expenditure||76 201||64 ol8| |Net movement
in funds||7,810||(14,825)| |Funds brought forward||192226t|I|937 (NO| |Funds carried forward||||| ## ||NOTES||2021||2020| |---|---|---|---|---|---| |FIXEDASSETS||1|84rl 843|I|85'1 257| |CURRENT ASSETS|||||| |Debtors
and prepayments|||308||3,585| |Cash and bank balances|||89043||71 552| ||||90,251||75,137| |CURRENT LIABILITIES|||||| |Creditors
and accruals|||~5019||~6129| |NET CURRENT ASSETS(LIABILITIES)
NET ASSETS||85 232
6V 008
~90
C~|||| |FUNDS|||||| |Unrestricted
funds|8|~l'|)0||| ## ## ## ## ## ||||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---|---| |Light and heat|||||||||13,391|9,532| |Ministerial
allowance
Salaries and wages|||||||||2,150
11,500|14,900| |Food and provisions|||||||||2,076|458| |Insurance
Postage, stationery,
Repairs, maintenance
Accountancy
fees|printing
and telephone
and cleaning||||||||4,457
2,429
18,440
2,789|4,198
2,261
6,652
2,280| |Rates and wnter|||||||||342|810| |Donations,
gifts and|special||events||||||2,886|11,310| |Motor running
costs
Bank charges|||||||||6,721
15|4,021
10| |Books and publications|||||||||591|72| |Depreciation|||||||||8414|8414| |FIXEDASSETS||||||~F. nl|meat|||| |||||Freehold||Furniture||dk||| |COST OR VALUATION||||~pre|ct't|~pittln
s|||Motor Van|Total| |Opening
balance||||1,821,450|||77,289||41,803|1,940,542| |Additions
for the year|||||Nil|||Nil|N&t|Nd| |Disposals|||||Nil|||Nil|Nil|~il| |Closing balance||||1.1121450|||77|289|41 803|1 940 542| |ACCUMULATED|DEPRECIATION|||||||||| |Opening
balance
Charge for the year|||||Nil
Nil||77,234
54||10,051
8,360|87,285
8,414| |Disposals|||||bill|||Nil|Nil|Nil| |Closing balance|||||Nil||77 288||18411|95699| |NFT BOOK VALUE||||||||||| |as at 31st December
2021||||||||Kl|~2
&~44|| |as at 31st December 2020|||||||F55||83L75**2**~5|| ## |5|DEBTORS AND|PREPAYMEN'fS|PREPAYMEN'fS||2021|2020| |---|---|---|---|---|---|---| ||Other debtors||||308|| ||Loan to members|||||~3585| ||||||8808|~X3 5
5| |6|CASH AND BANK BALANCES||||2021|2020| ||Roundwood
Gospel
Gospel Tabernacle
Associated
Gospel|Assembly
Assembly
Assemblies|Trust||57,182
12,515
20 246|35,298
8,373
~27 881| |7|CREDITORS AIVD ACCRUALS||||2021|2020| ||Accruals|||~1||SQ22| |8|ANALYSIS Oli NKT ASSETSBETWEEN FUNDS||||2021|2020| ||Tangible
fixed assets
Net current
assets|||1,844,843
85232||1,853,257
69008| |||||~9'|l
5 ~c)&Z s|| ## |INCOMING RESOURCES|INCOMING RESOURCES|INCOMING RESOURCES|NOTES|2021|2020| |---|---|---|---|---|---| |Church
inoome|||l(a)|57,204|46,864| |Fundraising
and activities|||1(a) ds 2|26,805|3,213| |interest received|||1(a)|2|16| |||||84,011|50,093| |RESOURCES EXPENDED|||||| |Light and heat||||13,391|9,532| |Ministerial
allowance||||2,150|14,900| |Salaries and wages||||11,500|| |Pood and provisions||||2,076|458| |insurance||||4,457|4,198| |Postage, stationery,|printing|and telephone||2,429|2,261| |Repairs, maintenance|and cleaning|||18,440|6,652| |Accountancy
fees||||2,789|2,280| |Rates and water||||342|810| |Donations,
gifts and|special|events||2,886|11,310| |Motor running
costs||||6,721|4,021| |Bank charges||||15|10| |Books and publications||||591|72| |Depreciation||||«8414|8414| |Total expenditure||||~76 201|.r
64918| |Net incoming
resources||||||