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2020-12-31-accounts

ASIAN CHRISTIAN FELLOWSHIP ASIAN CHRISTIAN FELLOWSHIP
Statement ofFinancial Activities for the Year Ended
31"December 2020
Note
Income 1 30762
Gift Aid 12540
43302
~DE
tE*
dtt
Motor &,travelling expenses 1594
Professional fees 650
Heat &Light 4622
Internet 360
Water Rates &Insurance 1099
Books &Stationery 50
Flowers 1200
Refreshments 2288
Easter and Christmas expenses 1200
Depreciation: Fixtures &Fittings and Equipment 3189
Vehicle 3051
Cleaning
expenses
240
Security costs 215
Donation 1550
21308
Surplus ofIncome over Expenditure 21994

Balance Sheet as at 31n December 2020
Note
FIXEDASSETS 2 495078
CURRENT ASSETS
Cash in Bank 109306
Cash in Hand 244
109550
CURRENT LIABILITIES
Accruals 425
NET CURRENTS ASSETS 109125
TOTAL ASSETS 604203
FINANCED BY:
Accumulated
Funds
582209

(I) Income
Income for the year was derived from the following:
Regular collections 30762
Gift Aid Scheme HMRC repayment 12540
43302
(2) Fixed Assets
Fixed Assets at cost were represented as follows:
Furniture and Fitttngs at cost b/fwd 31890
Less Depreciation 20268
NBV 11622
Motor Vehicle 15258
Less Depreciation 6102
NBV 9156
Property &Improvements at cost b/fwd 474300
474300
495078