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|Trustees||Emmanuel 0Tukasi|(Chair ofTrustees)|
|---|---|---|---|
|||Kolawole<br>Ijiyemi||
|||Stephen Tewogbade||
|||Banji Odumosu||
|||Sunday<br>Fayemi||
|||Fred Vincent||
|||Segun Stephen||
|||Olufunlayo<br>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||





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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
||||Notes|2021|2021||2020|2020|2020f|
|Income from:||||||||||
|Charitable<br>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<br>on:||||||||||
|Charitable<br>activities||||||||||
|Charitable<br>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|





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||||||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<br>funds||||||220,393||210,125|
|||||||562,322||308,594|





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|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<br>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|





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|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<br>costs||||||1,150||1,150|
||Church<br>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<br>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<br>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|





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|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<br>and impairment||||||||
||At 1 January 2021|||36,409|30,207||7,450|74,066|
||Depreciation<br>charged|in the year||||224||224|
||At 31 December 2021|||36,409|30,431||7,450|74,290|
||Carrying<br>amount||||||||
||At 31 December 2021||168,624|||||168,624|
||At 31 December 2020||168,624|||224||168,848|
|8|Debtors||||||||
||||||||2021|2020|
||Amounts<br>falling due|within one year:|||||||
||Other debtors|||||||28,852|
|9|Loans and overdrafts||||||||
||||||||2021|2020f|
||Bank overdrafts|||||||976|
||Payable<br>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|





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|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<br>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|



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