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2021-12-31-accounts

Trustees		Emmanuel 0Tukasi	(Chair ofTrustees)
		Kolawole Ijiyemi
		Stephen Tewogbade
		Banji Odumosu
		Sunday Fayemi
		Fred Vincent
		Segun Stephen
		Olufunlayo Oshiga-Fadairo
		Femi Badmos
Charity number		290611
Principal address		202-204 High Road
		Page Green Terrace
		London
		N15 4NP
Independent	examiner	Profile Accountants	Ltd
		10-16Scrutton Street
		London
		EC2A 4RU

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
			Notes	2021	2021		2020	2020	2020f
Income from:
Charitable activities
Donations				76,150		76,150	37,359		37,359
Other voluntary	income				437,116	437,116		1,601	1,601
Income from gift aid				29,425		29,425	26,801		26,801
Income from
investments
Total income				105,581	437,116	542,697	64,164	1,601	65,765
Ex enditure on:
Charitable activities
Charitable expenditure				14,250		14,250	5,168		5,168
Direct parish
expenditure				47,066	193,656	240,722	37,370	41,053	78,423
Administration				33,997		33,997	5,930		5,930
Total charitable		expenditure		95,313	193,656	288,969	48,468	41,053	89,521
Net income/(expenditure)			for
the year/
Net movement	in funds			10,268	243,460	253,728	15,696	(39,452)	(23,756)
Fund balances at		1
January 2021				210,125	98,469	308,594	194,429	137,921	332,350
Fund balances	at 31
December 2021				220,393	341,929	562,322	210,125	98,469	308,594

					2021		2020
				Notes
Fixed assets
Tangible assets						168,624		168,848
Current assets
Debtors							28,852
Cash at bank and	in	hand			395,698		113,870
					395,698		142,722
Creditors: amounts		falling due within
one year				10	(2,000)		(2,976)
Net current assets						393,698		139,746
Total assets less	current		liabilities			562,322		308,594
Income funds
Restricted funds -	general					341,929		98,469
Unrestricted funds						220,393		210,125
						562,322		308,594

Income from	Income from	charitable	charitable	activities	activities
					Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
					funds	funds		funds	funds
					2021	2021		2020	2020	2020
									F
Donations
Tithes &Offerings					67,970		67,970	37,359		37,359
Others					8,180		8,180
					76,150		76,150	37,359		37,359
Other volunta			income
Building funds						437,116	437,116		1,601	1,601
						437,116	437,116		1,601	1,601
Income from		ift	aid
Gift aid received					29,425		29,425	26,801		26,801
					29,425		29,425	26,801		26,801
Income from	investments
Interest received
					105,581	437,116	542,697	64,164	1,601	65,765
Expenditure		on	charitable		activities
							Unrestricted	Total	Unrestricted	Total
							funds		funds
							2021		2020	2020
									F	E
Charitable expenditure							5,913	5,913	4,522	4,522
Evangelism	and		Mission				7,742	7,742	110	110
ChildrenNouth							595	595	536	536
							14,250	14,250	5,168	5,168

5	Expenditure	on	charitable	activities-	Direct parish	expenditure
				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2021	2021	2021	2020	2020	2020
								F
	Honorarium			450		450	350		350
	Wages and salaries			18,726		18,726	10,004		10,004
	Payroll costs			2,217		2,217	1,324		1,324
	Volunteers costs						1,150		1,150
	Church runnin		costs
	Welfare			2,910		2,910	1,500		1,500
	Choir expenses			7,440		7,440	6,650		6,650
	Security costs			700		700	767		767
	Cleaning			462		462	148		148
	Water			1,200		1,200	524		524
	Electricity			3,108		3,108	2,692		2,692
	Gas			3,000		3,000	3,380		3,380
	Property repairs		and
	maintenance			1,087	193,656	194,743	1,846	41,053	42,899
	Motor vehicle	running
	expenses			295		295	1,762		1,762
	Printing and stationery			1,862		1,862	1,614		1,614
	Books, Holy Communion			200		200	139		139
	Telecommunications			669		669	958		958
	Accessories,	Media		1,616		1,616	1,498		1,498
	Depreciation			224		224	764		764
	Petty cash			900		900	300		300
				47,066	193,656	240,722	37,370	41,053	78,423

6	Expenditure	on charitable	on charitable	activities	-Administrative	expenditure
						Unrestricted	Total	Unrestricted	Total
						funds		funds
						2021		2020	2020
	Legal and professional		fees			2,500	2,500	3,000	3,000
	Accountancy	fees				1,800	1,800	2,250	2,250
	Bank charges					845	845	680	680
	Bad debts					28,852	28,852
						33,997	33,997	5,930	5,930

7	Tangible fixed asset	s
			Freehold	Plant andFixtures		and	Motor	Total
			land and	equipment	fittings		vehicles
			buildings
	Cost
	At 1 January 2021		168,624	36,409	30,431		7,450	242,914
	At 31 December 2021		168,624	36,409	30,431		7,450	242,914
	Depreciation and impairment
	At 1 January 2021			36,409	30,207		7,450	74,066
	Depreciation charged	in the year				224		224
	At 31 December 2021			36,409	30,431		7,450	74,290
	Carrying amount
	At 31 December 2021		168,624					168,624
	At 31 December 2020		168,624			224		168,848
8	Debtors
							2021	2020
	Amounts falling due	within one year:
	Other debtors							28,852
9	Loans and overdrafts
							2021	2020f
	Bank overdrafts							976
	Payable within one year							976
10	Creditors: amounts	falling due within	one year
							2021	2020
					Notes
	Bank overdrafts							976
	Accruals and deferred	income					2,000	2,000
							2,000	2,976

11	Analysis of net assets	between funds
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021	2021	2021	2020	2020	2020
					F	F	E
	Fund balances at 31
	December 2021 are
	represented by:
	Tangible assets	168,624		168,624	168,848		168,848
	Current assets/(liabilities)	51,769	341,929	393,698	64,018	75,728	139,746
		220,393	341,929	562,322	232,866	75,728	308,594