The Church of God (Pentecostal)
Report and Accounts
31 December 2021
## **The Church of God (Pentecostal) Report and accounts Contents**
||**Page**|
|---|---|
|Trustees, Advisors and Charity Information|1|
|Trustees' Report|2|
|Independent examiner's report|4|
|Statement of Financial Activities|5|
|Balance sheet|6|
|Notes to the Financial Statements|7|
## **The Church of God (Pentecostal) Charity Information**
## **Trustees**
L.D Crossfield V Crossfield L Fender-Jack A Virtue C Mitchell
## **Independent Examiner**
Fiona Fraser Fraser + Accountants 3 Barossa Place Perth PH1 5HG
## **Bankers**
Lloyds Bank Southall Branch PO Box 1000 Andover BX1 1LT
Scottish Widows Bank CAF 90 days notice account 67 Morrison Street Edinburgh EH3 8YJ
## **Registered charity number**
1016889
1
## **The Church of God (Pentecostal) Statement of Trustees' Responsibilities**
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial statements for each financial year which give a true and fair view Charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and:
- apply suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
- 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 accounting records which disclose with reasonable accuracy the financial position of the Charity and which enablr them to ascertain the financial position of the Charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deeds. The Trustees are responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.
The Trustees confirm that they have met the responsibilities set out above and complied with the requirements for preparing accounts. The financial statements contained in this report have been complied from and are in accordance with the financial records maintained by the Trustees.
2
## **The Church of God (Pentecostal)**
The Trustees present their report and financial statements for the period ended 31 December 2021. Details of Trustees and the charities advisors are set out on page 1.
## **Structure, goverance and management**
The charity is an unincorporated association, governed by a Trust Deed adopted on 6 January 1993.
## **Objectives and activities**
- the advancement of the Christian Religion according tho the articiles of faith set out in the schedule hereto.
- the relief of poverty
## **Financial Review**
The Statement of Financial Affairs includes the Income and Expenditure for the 12 month period. The trustees consider the activity levels to be satisfactory.
The charity is planning on developing the building and during the financial year £6,699 (2020 - £35,385) was spent on professional fees.
## **Public Benefit**
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on publice benefit when reviewing the charity's objectives and activities and in planning future activities. It is the judgement of the Trustees that activities in pursuit of the above objectives fully meet the public benefit test, which they have kept in mind in planning programmes for the charity.
## **Statement of Trustees' responsibilities**
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each year which give a true and fair view of the charity's financial activities during the period and of it's financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
- 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 assume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the charity, and which enable them to both ascertain the financial position of the charity and ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
L D Crossfield Trustees
3
## **The Church of God (Pentecostal)**
## **Independent examiner's report to the members of The Church of God (Pentecostal)**
I report on the accounts of The Church of God (Pentecostal) for the year ended 31 December 2021 which are set out on pages xxxx to xxxx
## **Respective responsibilities of the trustees and independent examniner**
The charity's trustees are responsible for the preparation of the accounts, The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (" the - Charities Act") and that an independent examination is needed.
## It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attenetion
## **Basis of independent examiner's report**
My examnination was carried out in accordance with the General Directions given be the Charity Commission. An examination includes a review of the accounting recordss kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking of explanations from you as trustees concering such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view' and the report is limited to those matters set out in the statement below,
## **Independent examiner's statement**
In connection with my examination, no matters has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep proper accounting records in accordance with section 130 of the Charities Act: and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act
## have not been met: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Fiona Fraser ACA Fraser + Accountants 3 Barossa Place Perth PH1 5HG**
## **Date:**
4
## **The Church of God (Pentecostal) Statement of financial activities**
## **(Incorporating the income and expenditure account) for the year ended 31 December 2021**
|**INCOMING RESOURCES**
**Donations and grants**
Tithes and donations
Gift aid
Fund-raising
**Investment income**
Interest received
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Ministry costs
Travel & subsistence
**GOVERNANCE COSTS**
Employee costs
Premises costs
General administrative expenses
Legal and professional costs
**TOTAL RESOURCES EXPENDED**
**Excess income over expenditure**
Balance of brought forward 1 January 2021
Balance carried forward 31 December 2021|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2021**
**£**
122,267
-
122,267
46,164
46,164
-
10,020
10,020
168,431
10,020
178,451
-
-
-
-
-
-
168,431
10,020
178,451
19,410
-
19,410
1,198
-
1,198
20,608
-
20,608
26,780
**-**
26,780
1,888
-
1,888
9,774
-
9,774
1,140
-
1,140
39,582
-
39,582
60,190
-
60,190
108,241
10,020
118,261
856,848
245,861
1,102,709
965,089
255,881
1,220,970|**2020**
**£**
111,333
-
5,000|
|---|---|---|
|||116,333|
|||90|
|||90|
|||116,423|
|||9,198
-|
|||9,198|
|||27,423
2,944
13,286
4,983|
|||48,636|
|||57,834|
|||58,589
1,044,120
1,102,709|
5
## **The Church of God (Pentecostal) Balance Sheet as at 31 December 2021**
|**Notes**
**Fixed assets**
Tangible assets
1
**Current assets**
Debtors
2
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
3
**Net current liabilities**
**Total assets less current**
**liabilities**
**Net assets**
**Capital and reserves**
Unrestricted reserves
4
Restricted reserves
5|**2021**
**£**
378,938
20,000
824,590
844,590
(2,558)
842,032
1,220,970
1,220,970
973,700
247,270
1,220,970|**2020**
**£**
373,870
60,000
671,198
731,198
(2,359)
728,839
1,102,709
1,102,709
865,459
237,250
1,102,709|**2020**
**£**
373,870
60,000
671,198
731,198
(2,359)
728,839
1,102,709
1,102,709
865,459
237,250
1,102,709|
|---|---|---|---|
|||||
||||1,102,709|
||||1,102,709|
||||865,459
237,250|
||||1,102,709|
Approved by:
L D Crossfield Trustess
6
## **The Church of God (Pentecostal) Notes to the Accounts for the period ended 31 December 2021**
## **1 Tangible fixed assets**
|**Cost**
At 1 January 2021
Additions
Disposals
At 31 December 2021
**Depreciation**
At 1 January 2021
Charge for the year
On disposals
At 31 December 2021
**Net book value**
At 31 December 2021
At 31 December 2020|**Land and**
**buildings**
**£**
367,889
6,699
-
374,588
-
-
-
-
374,588
367,889|**Fixtures,**
**fittings and**
**equipment**
**£**
45,613
-
-
45,613
39,632
1,631
41,263
4,350
5,981|**Motor**
**vehicles**
**£**
20,500
-
-
20,500
20,500
20,500
-
-|**Total**
**£**
434,002
6,699
-|
|---|---|---|---|---|
|||||440,701|
|||||60,132
1,631
-|
|||||61,763|
|||||378,938|
|||||373,870|
|**2**
**Debtors**
Gift aid due
Trade debtors
Other debtors
**3**
**Creditors: amounts falling due within one year**
Accruals
Other creditors
Other taxes and social security costs
**4**
**Unrestricted reserve**
At 1 January 2021
Retained profit
At 31 December 2021
**5**
**Restricted reserve**
At 1 January 2019
Retained profit
At 31 December 2019|**2021**
**£**
20,000
-
-
20,000
**2021**
**£**
1,140
1,293
125
2,558
**2021**
**£**
865,459
108,241
973,700
**2021**
**£**|**2020**
**£**
-
-
60,000|
|---|---|---|
|||60,000|
|||**2020**
**£**
1,140
686
533|
|||2,359|
|||**2020**
**£**
811,870
53,589|
|||865,459|
|||**2020**
**£**|
||237,250
10,020
247,270|232,250
5,000|
|||237,250|
## **6 Trustees remuneratio, expenses and related party transactions**
The Reverend Lloyd Crossfield has served as a pastor to the Church since 2002, His total remuneration for the year was £26,000 (2020- £26,523). The authority for this was the charity's governing document and the trustees.
7