UNITED LIFE 1Nileel LIFe Annual Returns & Accounts For Year Ended 31 March 2021
Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
TRUSTEES:
Ms. Mercy Osei Rev John Patrick Esomu Mrs Deborah Owusu-Gyan
REGISTERED OFFICE: 2 Ixworth Close, Northampton, NN3 8TW CHARITY REGISTERED NUMBER: 1011221 BANKERS: Barclays Bank PLC
ACCOUNTANTS: SA Accountancy Practice Certified Chartered Accountants Suit 201 A, Equitable House 10 Woolwich New Road London SE18 6AB
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
REPORT OF THE TRUSTEE’S FOR THE FINANCIAL YEAR ENDED 31 MARCH 2021
Governance
The charity is governed by a constitution signed and approved by the trustees of the church.
Objectives and activities
The main activity of the organisation is to extend the gospel of the Lord Jesus Christ to the communities, having fellowship with one another for edification and supporting the emotional and physical needs of its members and the wider community. Our fellowships transcend across the borders of United Kingdom to the uttermost parts of the world.
Review of Affairs
The organisation, through distribution of tracts, group & individual virtual evangelism has continued to propagate the gospel throughout the communities in spite of COVID 19
During the pandemic period Sunday church service and Friday prayer meeting were held online via zoom and YouTube. This enabled the gospel of Jesus Christ to reached different people of different backgrounds. There were an encouraging number of positive impact with online services
During this year period there was a weekly Wednesday youth service with aim of engaging and empowering the youth in church and the community
We also held our yearly Easter Family Camp with all our branches and affiliations in the UK.
Our yearly easter family camp event was held online via zoom which attracted participants from 15 countries to be part of this event
United Life was able to secure national lottery funds to support our community with food, clothing, shelter ,games equipment, entertainment etc. The church trained volunteers to support with our COVID RELIEF project in the community
In August 2020 our Coventry branch became independent under new charity registration under the name United Life Chapel. Our financial ties with Coventry therefore ceases from this date .Our end of year account therefore only includes details from Coventry Branch from April 2020 to July 2020. There was also change of trustees for United Life during this period. All necessary administrative activities to support change of trustees are done and documented.
The Men's & Women's ministries marked their respective yearly anniversaries by organising forums to discuss various issues related to men, women, youth and family relationships. These programmes also attracted a lot of participants and helped resolve a lot of domestic issues. The church also organised marriage seminars to help married couples in and out of church community.
Though this year was challenging, by the grace of God we were still able to reach many with the help of technology and we looking forward to operating differently when we go in person with the experience gained during this difficult time.
After Balance Sheet Events:
During the year there was changes in the Trustees due to the independent of the coventry branch. This changes have reflected on the Charity commission website and all charity documents including governace documents have been changed accordingly.
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
Vision for next year:
United Life (ULife) is always committed to focusing on our established vision until we have achieved our mission. Our acclaimed purpose has really propelled us to stick to the visions as spelt out as follows;
Open more branches in the UK. Continue to affect the local community in a positive way. Continue to offer support in cash and in kind to the needy. Pioneer a music school to involve the youth in our community To set up coffee morning to engage the elderly in our community
It is our hope and prayer that through our dedication and hard work, the Lord will bless and help us to achieve our purpose. The organisation’s commitment to maintaining a positive momentum over the coming years is to offer excellent value for money. We also want to continue to develop a healthy and attractive relationship with our members and the entire community.
Charity Examiners
SA Accountancy Practice were appointed as the charity’s accountants (Independent Examiners) and they have expressed their willingness to act in that capacity.
TRUSTEES RESPONSIBILITIES
The Charity Act 1993 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing these financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. This report has been prepared in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities (issued March 2005) and in accordance with the Charities Act 1993. The Trustees declare that they have approved the Trustees report above.
Signed on behalf of the charity’s trustees
Date:
30/12/21
Trustee
Deborah Owusu-Gyan
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF UNITED LIFE FOR THE YEAR ENDED 31 MARCH 2021
I report on the accounts of the Charity for the year ended 31 March 2021, which are set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the charity are responsible for the preparation of accounts: they consider that the audit requirement under section 43(2) of the Charities Act 1993 (the 1993 Act)), does not apply. It is my responsibility to: Examine the accounts under section 43(3) of the 1993 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 43(7)(b) of the 1993 Act, and
State whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS REPORT
My examination was carried out in accordance with the General Direction given by the Charity Commissioner’s. An examination included a review of the accounting records kept. It also includes consideration of any unusual items of disclosures in the accounts. And seeking examinations from you as trustees concerning any matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and as a result I do not express an audit opinion on the view given by the accounts.
INDEPENDENT EXAMINER’S STATEMENT
In accordance with my examination, no matter has come to my attention: Which gives me a reasonable cause to believe that in any material respect the requirements: to keep accounting record in accordance with section 41 of the 1993 Act and
to prepare which accord with the accounting records and to comply with the accounting requirements of the 1993 Act.
have not been met.
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
SA Accountancy Practice Certified Chartered Accountants Suit 201 A, Equitable House 10 Woolwich New Road London SE18 6AB
Date: 13/12/2021
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| Notes Incoming Resources Voluntary income 2 Investment income 2 Total Incoming Resources Resources Expanded Charitable Activities 3 Governance Costs Total Resources Expanded Net Incoming Resources Transfer between funds Net Resources For This Year Total Funds Brought Foward Total Funds Carried Forward |
Unrestricted CY £ £ 42,621 42,621 42,621 42,621 42,630 42,630 42,630 42,630 -9 -9 -9 -9 46,144 46,144 46,135 46,135 2021 Income Fund |
PY £ 79,086 - 79,086 2020 |
|---|---|---|
| 72,939 - 72,939 |
||
| 6,147 - 6,147 |
||
| 39,997 | ||
| 46,144 |
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
BALANCE SHEET AS AT 31 MARCH 2021
| Notes Fixed Assets Tangible Assets 4 Current Assets Debtors Cash at bank and in hand Total Current Assets Current Liabilities Amounts falling due within one year Net Current Assets Long term liabilities Amounts falling due after one year Net Assets/(Liabilities) FUNDS 5 Unrestricted Funds Restricted Funds |
- 36,678 |
2021 £ 9,457 36,678 - 36,678 - 46,135 46,135 - 46,135 |
2020 £ 12,262 8,880 25,002 |
|---|---|---|---|
| 33,882 - |
|||
| 33,882 - |
|||
| 46,144 | |||
| 46,144 - |
|||
| 46,144 |
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
NOTES TO THE FINANCIAL STATEMNTS FOR THE YEAR ENDED 31 MARCH 2021
1. Accounting Policies
1.1 Basis of Accounting
The financial statements have been prepared under the historical cost convention. The accounts have been prepared in accordance with applicable accounting standards, Charities SORP2005 (Accounting and Reporting by Charities) and comply with the
Charities (Accounts and Reports) Regulations 20085 issued under the Charities Act 1993 (as amended Charities Act 2006)
1.2 Incoming Resources
Voluntary incomes are received by way of donations and are recognised as incoming resources when receivable, except insofar as they are incapable of financial measurement. These are included in the Statement of Financial Activities (SoFA) when:
the charity becomes entitled to the resources.
the trustees are virtually certain they will receive the resources; and
the monetary value can be measured with sufficient reliability.
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. This is only included in the SoFA once the related goods or services have been delivered. Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable.
1.3 Tangible Fixed Assets and Depreciation
These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or a reasonable value on receipt.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Instruments: 25% Fixtures, Fittings and Office Equipment: 25% Van: 33%
1.4 Expenditure and Liabilities
Liability recognition: Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance costs: Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with performance conditions: Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.
Grants payable without performance conditions: These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity. Support Costs: Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
NOTES TO THE FINANCIAL STATEMNTS FOR THE YEAR ENDED 31 MARCH 2021
2. Incoming Resources
Total
| Nothampton | Coventary | Total | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Incoming Reasource |
28,594 | 14,027 | 42,621 | 79086 |
| Tithe | 11,026 | 11,655 | 22,681 | |
| Offering | 2,407 | 1,737 | 4,144 | 0 |
| Other Income | 15,161 | 635 | 15,796 | - |
| Gift Aid | - | |||
| 28,594 | 14,027 | 42,621 | 79,086 |
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
NOTES TO THE FINANCIAL STATEMNTS FOR THE YEAR ENDED 31 MARCH 2021
3. Resources Expended
| Rent Ministry Support Welfare Maintenance and Car Expenses Advertising IT Cost Council Tax Stationary Expense Fuel Telephone Expense & Internet Honorarium Staff Training Travel General Expense Programe Costs Income correction Utility Missions Outreach Departmental Cost Professional Fees Refreshment Insurance Payroll Cost Membership Fees Depreciation |
Nothampton Coventary 2021 2020 5,482 2,000 7,482 10,244 6,676 2,400 9,076 17,352 719 0 719 413 920 0 920 50 - 0 0 287 400 385 785 300 - 0 0 152 144 0 144 338 842 43 885 2,937 - 59 59 494 - 0 0 623 1,600 0 1,600 - 101 0 101 271 3,851 1,219 5,070 3,847 672 0 672 10,972 0 0 0 5947 - 940 940 3,090 1,009 1,530 2,539 750 49 0 49 839 200 0 200 1,973 324 0 324 570 - 0 0 1391 156 65 221 487 1,909 0 1,909 2,296 0 300 300 138 8,636 7,178 |
|---|---|
| 25,053 8,941 42,630 72,939 |
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Annual Returns Accounts CHARITY NUMBER: 1011221 For Year Ended 31 March 2021
NOTES TO THE FINANCIAL STATEMNTS FOR THE YEAR ENDED 31 MARCH 2021
4. Tangible Fixed assets
| Balance brought forward Additions Disposal/Write Off Balance carried forward Depreciation Calculation Basis Rate Balance brought forward Charge for the year Disposal/Write Off Balance carried forward Net Book Value Brought forward Carried forward Balance Brought Down Net Income Resources Balance Carried Forward 5. Funds Unrestricted Funds |
Instruments £ 6,517 6,331 - |
Fixtures and Equipment Total £ £ 22,195 28,712 886 7,218 - - |
|---|---|---|
| 12,848 | 23,081 35,930 |
|
| SL 25% 5,013 3,212 - |
SL 25% Tota; 11,437 16,450 5,770 8,982 - - |
|
| 8,225 | 17,207 25,432 |
|
| 1,504 4,623 |
10,758 12,262 5,874 10,497 2021 2020 £ £ 46,144 39,997 -9 6,147 |
|
| 46,135 46,144 |
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