REGISTERED CHARITY NUMBER: 1025360
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR**
ENDED 31 DECEMBER
2021 FOR
## **CHRIST INTERNATIONAL CHRISTIAN CENTRE**
McCabe Ford Williams Chartered Accountants Bank Chambers 1 Central Avenue Sittingbourne Kent ME10 4AE
CHRIST INTERNATIONAL CHRISTIAN CENTRE
Contents Page For the year ended 31 December 2021
|Report of the Trustees|1 to 4|
|---|---|
|Independent Examiner's Report to the Trustees|5|
|Statement of Financial Activities|6|
|Statement of Financial Position|7|
|Notes to the Financial Statements|8 to 13|
|Detailed Statement of Financial Activities|14 to 15|
**CHRIST INTERNATIONAL**
## Report of the Trustees For the year ended 31 December 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2020).
## **OBJECTIVES AND ACTIVITIES**
The objects of the church are:
- The advancement of the Christian faith worldwide in accordance with the doctrines set out in the statement of faith contained in the schedule.
- The relief of poverty.
The church supports christian organisations such as World Evangelism Mission. The church also provides support to members of the congregation (at the discretion of the trustees) who are in need.
## **Objectives and aims**
The church has adopted the following strategies for achieving it's objectives:
- Organisation of seminars in the church with proven speakers and ministers of faith to guide members in the various aspects of Christian faith; and
- Support for other charities Christian events.
The following activities are aimed at achieving the objectives
- Various missionary activities;
- Community outreach events;
- Provision of welfare support to members;
- Conferences and events.
## **Statement on public benefit**
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **Volunteers**
The church is grateful for the generous support of its volunteers who continually make an invaluable contribution to the operations of the charity by their involvement in service provision, office work and administration. It is estimated that over 16,000 volunteer hours are provided every year. If this is valued at £10.00 an hour the volunteer effort amounts to over £160,000.
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CHRIST INTERNATIONAL CHRISTIAN CENTRE Report of the Trustees Continued For the year ended 31 December 2021
## **ACHIEVEMENTS AND PERFORMANCE**
In addition to its usual Sunday and weekly services, the church carries out a wide range of activities in pursuance of its charitable aims. These activities include classes for children and teenagers where they are taught the tenets and values of the Christian faith, fellowships for various groups in the church including men fellowship, women fellowship, elders fellowship, youth fellowship.
The trustees consider that these activities summarized below, provide benefit to those who worship at our church and the wider community:
September is the family month. This programme is intended to impact families in the community by building stronger bonds in the homes and it is open to the public. During this programme, the church organised several activities including interdenominational football matches, family fun day to Broadstairs beach, and Couples breakfast which holds in October.
The church also held several community outreach programmes in which fruit and food parcels were distributed to the community.
Hampers and gifts were given to our neighbors through our door to door outreach.
In January the church hosted a 7 day Praise event opened to the general public called Jericho Praise;
In March, the church opened a new event to the public Prayer Marshall Conference.
Various prayer and evangelical events opened to the general public in the month of July and October;
All Nations Celebration Day in November;
Throughout the year the church has opened its doors to members of the public as a place of respite from the numerous challenges people face, providing counseling and welfare assistance. The charity also started partnering with Fareshare UK to distribute food every Wednesday to less privileged in the community.
## **FINANCIAL REVIEW**
In the twelve months under review, total income was £223,939; (2019: £352,606) and total expenditure was £264,551; (2020: £264,400).
Net results for the year were (£40,612); (2019: £88,206) and carries forward funds in deficit of (£58,567); (2020: (£17,955)).
The Trustees continue to place emphasis on financial management to ensure that the funds within the organisation are properly managed.
The Trustees have implemented robust budgetary controls and continue to monitor costs to deliver a balanced budget for the future.
## **Reserves**
The Trustees believes that unrestricted funds which have not been designated for a specific use should be maintained so that in the event of a significant drop in funding, they will be able to continue the Charity's activities and are working towards achieving it.
The aim is to build reserves levels to approximately 3 months of unrestricted expenditure.
## **Going concern**
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees' continue to adopt the going concern basis of accounting in preparing the accounts.
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CHRIST INTERNATIONAL CHRISTIAN CENTRE Report of the Trustees Continued For the year ended 31 December 2021
##
The trustees are continuously looking at areas of possible cost reductions where they could save money without negatively affecting the quality of service provided to the members and general public. Already, the Trustees have taken some measures to reduce office costs and overheads while continually striving for increased membership and alternative funding sources to increase income.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
CICC Power is a charitable trust and is controlled by its governing document, a trust deed.
## **Recruitment and appointment of trustees**
The management of the church is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
New Trustees are provided with copies of the Charity Commission's guidance and are given an introduction to the activities of the charity. Trustees are also provided with training.
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
**Name of Charity** CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) **Charity registration number** 1114058 **Principal address** UNIT 3A THE MIRAGE CENTRE. FIRST WAY WEMBLEY HA9 0JD
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows: Mrs. BEATRICE ADJETEY Chair Mrs. A MENSAH Trustee Mr. PEREZ OCHIENG Trustee Mr. I MENSAH Trustee **Independent examiners** Mrs C Rayner FCA DChA McCabe Ford Williams Chartered Accountants Bank Chambers1 Central Avenue Sittingbourne Kent ME10 4AE **Bankers** NATWEST
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CHRIST INTERNATIONAL CHRISTIAN CENTRE Report of the Trustees Continued For the year ended 31 December 2021
Approved by the Board of Trustees and signed on its behalf by
9[th] January 2022 .PMr . I MENSAH - Trustee........................................
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CHRST INTERNATIONAL CHRISTIAN CENTRE (CICC) Independent Examiners Report to the Trustees For the year ended 31 December 2021
I report to the trustees on my examination of the accounts of the charity for the year ended 31 October 2021.
## **Responsibilities and basis of report**
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs C Rayner FCA DChA McCabe
Ford Williams
Chartered Accountants
Bank Chambers
1 Central Avenue
Sittingbourne Kent
ME10 4AE
- 19 October 2021
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## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
|**Income and endowments from:**
**Notes**
Donations and legacies
2
Investments
3
Other income
Gift Aid
4
5
**Total**
**Expenditure on:**
Charitable activities
5/6
**Total**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
162,464
11
12,679
44,018
**219,172**
(209,784)
**(209,784)**
**9,388**
(67,955)
**(58,567)**|**Restricted**
**funds**
**£**
4,767
-
-
**4,767**
(54,767)
**(54,767)**
**(50,000)**
50,000
**-**|**2021**
**£**
211,249
11
12,679
**223,939**
(264,551)
**(264,551)**
**(40,612)**
(17,955)
**(58,567)**|**2020**
**£**
344,031
2
8,573|
|---|---|---|---|---|
|||||**352,606**|
|||||(264,400)|
|||||**(264,400)**|
|||||**88,206**
(106,161)|
||||||
|||||**(17,955)**|
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## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
|**Fixed assets**
**Notes**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
**Creditors: amounts falling due within one year**
14
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Restricted income funds
15
Unrestricted income funds
15
**Total funds**||**2021**
**£**
2,943
**2,943**
-
3,235
**3,235**
(64,745)
**(61,510)**
**(58,567)**
**(58,567)**
-
(58,567)
**(58,567)**|**2020**
**£**
2,175|
|---|---|---|---|
||||**2,175**|
||||13,791
45,000|
||||**58,791**|
||||(78,921)
**(20,130)**|
||||**(17,955)**|
||||**(17,955)**|
||||50,000
(67,955)|
||||**(17,955)**|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
9[th] January 2022
.PMr . I MENSAH - Trustee........................................
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Notes to the Financial Statements For the year ended 31 December 2021
## **1. Accounting Policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
REDEEMED CHRISTIAN CHURCH OF GOD (RCCG) POWER OF JEHOVAH meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Going concern**
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees' continue to adopt the going concern basis of accounting in preparing the accounts.
##
The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small.
## **Funds**
Fund is mainly through voluntary donations of tithes and offerings by the church members and the government gift aid scheme. Other income is derived from rental of the church premises and the church car park.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure.
## **Charitable activites**
Charitable activities are those costs relating to activities carried out to meet the objectives of the charity and include directly attributed costs as well as support costs.
## **Allocation and appointment of costs**
Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Tangible fixed assets**
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
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## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
## **2. Income from donations and legacies**
|Donations received
**3. Investment income**
**Unrestricted funds**
Bank interest receivable
**4. Other income**
**Unrestricted funds**
Other income
**5. Costs of charitable activities by fund type**
Charitable Activities
Support costs
**6. Costs of charitable activities by activity type**
**Support costs**
Charitable Activities|**Unrestricted**
**funds**
**£**
162,464
**162,464**
**Unrestricted**
**funds**
**£**
96,031
113,753
**209,784**
**Activities**
**undertaken**
**directly**
**£**
96,031|**Restricted**
**funds**
**£**
4,767
**4,767**
**Restricted**
**funds**
**£**
-
54,767
**54,767**
**Support costs**
**£**
168,520|**2021**
**£**
211,249
**211,249**
**2021**
**£**
11
**11**
**2021**
**£**
12,679
**12,679**
**2021**
**£**
96,031
168,520
**264,551**
**2021**
**£**
264,551|**2020**
**£**
344,031|
|---|---|---|---|---|
|||||**344,031**|
|||||**2020**
**£**
2|
|||||**2**|
|||||**2020**
**£**
8,573|
|||||**8,573**|
|||||**2020**
**£**
91,576
172,824|
|||||**264,400**|
|||||**2020**
**£**
264,400|
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## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
## **7. Analysis of support costs**
|**Charitable Activities**
Support Costs
Governance costs|**2021**
**£**
162,473
6,047
**168,520**|**2020**
**£**
166,213
6,611|
|---|---|---|
|||**172,824**|
## **8. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
|This is stated after charging/(crediting):|||
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|Depreciation of owned fixed assets|3,156|4,306|
|Accountancy fees|6,047|6,611|
|Staf pension contributions|2,443|810|
## **9.**
Total staff costs for the year ended 31 March 2020 were:
|Salaries and wages
Social security costs
Pension costs
Administration
Pastors|**2021**
**£**
85,000
7,518
2,443
**94,961**
**2021**
2
2
**4**|**2020**
**£**
83,585
7,358
810|
|---|---|---|
|||**91,753**|
|||**2020**
2
2|
|||**4**|
## **10. Trustee remuneration and related party transactions**
There were no Trustee's remuneration in the year or in the prior year. There were no related parties transactions in the year or in the prior year.
10 of 15
## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
## **11. Comparative for the Statement of Financial Activities**
|**Income and endowments from:**
Donations and legacies
Investments
Gift Aid
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net income**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
**12. Tangible fxed assets**
**Cost or valuation**
At 01 November 2020
Additions
At 31 October 2021
**Depreciation**
At 01 November 2019
Charge for year
At 31 October 2021
**Net book values**
At 31 October 2021
At 31 October 2020
**13. Debtors**
**Amounts due within one year:**
Prepayments and accrued income|**Unrestricted**
**funds**
**£**
256,417
2
44,018
**300,437**
(262,231)
**(262,231)**
**38,206**
(106,161)
**(67,955)**|**Restricted**
**funds**
**£**
52,169
-
-
**52,169**
(2,169)
**(2,169)**
**50,000**
-
**50,000**
**2021**
**£**
-
**-**||**2020**
**£**
344,031
2
44,018|
|---|---|---|---|---|
|||||**352,606**|
|||||(264,400)|
|||||**(264,400)**|
|||||**88,206**
(106,161)|
|||||**(17,955)**|
|||||**Fixtures and**
**Fittings**
**£**
137,806
3,924|
|||||**141,730**|
|||||135,631
3,156|
|||||**138,787**|
|||||**2,943**|
|||||**2,175**|
|||||**2020**
**£**
13,791|
|||||**13,791**|
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## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
## **14. Creditors: amounts falling due within one year**
|Loans and overdrafts
Other creditors
Accruals and deferred income|**2021**
**£**
1,391
54,526
8,828
**64,745**|**2020**
**£**
1,391
67,731
9,799|
|---|---|---|
|||**78,921**|
## **15. Movement in funds**
## **Unrestricted Funds**
|_General_
General
**Unrestricted Funds - Previous year**
_General_
General|**Balance at**
**01/04/2019**
**£**
(67,955)
**(67,955)**
**Balance at**
**01/11/2019**
**£**
(106,161)
**(106,161)**|**Incoming**
**resources**
**£**
219,172
**219,172**
**Incoming**
**resources**
**£**
300,437
**300,437**|**Outgoing**
**resources**
**£**
(209,784)
**(209,784)**
**Outgoing**
**resources**
**£**
(262,231)
**(262,231)**|**Balance at**
**31/10/2021**
**£**
(58,567)|
|---|---|---|---|---|
|||||**(58,567)**|
|||||**Balance at**
**31/10/2020**
**£**
(67,955)|
|||||**(67,955)**|
## **Purpose of unrestricted Funds**
## General
Unrestricted funds are available for use at the discretion of the Committee in furtherance of their charitable objectives unless the funds have been designated for other purposes.
## **Restricted Funds**
|General|**Balance at**
**01/11/2020**
**£**
50,000
**50,000**|**Incoming**
**resources**
**£**
4,767
**4,767**|**Outgoing**
**resources**
**£**
(54,767)
**(54,767)**|**Balance at**
**31/11/2021**
**£**
-|
|---|---|---|---|---|
|||||**-**|
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## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
## **Restricted Funds - Previous year**
|General|**Balance at**
**01/11/2019**
**£**
-
**-**|**Incoming**
**resources**
**£**
52,169
**52,169**|**Outgoing**
**resources**
**£**
(2,169)
**(2,169)**|**Balance at**
**31/10/2020**
**£**
50,000|
|---|---|---|---|---|
|||||**50,000**|
## **Purpose of restricted funds**
## General
Restricted funds are subject to specific conditions set out by donors as to how those funds may be used.
## **16. Analysis of net assets between funds**
|**Analysis of net assets between funds**||
|---|---|
|**Unrestricted funds**
_General_
General
**Restricted funds**
**Previous year**
**Unrestricted funds**
_General_
General
**Restricted funds**
General|**Tangible fxed**
**assets**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
2,943
(61,510)
(58,567)|
||**2,943**
**(61,510)**
**(58,567)**|
||**Tangible fxed**
**assets**
**Net current**
**assets /**
**Net Assets**
**(liabilities)**
**£**
**£**
**£**
2,175
(70,130)
(67,955)
-
50,000
50,000|
||**2,175**
**(20,130)**
**(17,955)**|
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## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
|**INCOME AND ENDOWMENT**
**Donations and legacies**
Tithes & Oferings
Gift Aid
Building Fund
**Investments**
Bank Interest Receivable
**Other income**
Hall Rental
Book Sales
Parking Rental
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Staf Costs - Wages & Salaries
Staf Costs - Social Security Costs
Staf Costs - Pension Contributions
Welfare
Accomodation
Travel
Honorarium
Charitable Donations
Other Ministry Costs
Musicians
**SUPPORT COSTS**
**Support Costs**
Staf Costs - Wages & Salaries
Staf Costs - Social Security Costs
Staf Costs - Pension Contributions
Depreciation - Owned Assets
Advert & Promotion
Hospitality
Insurance
Heat & Light
Rates
Telephone
Print, Postage & Stationary
Repairs & Maintenance
Bank Charges
Legal & Professional Fees|**2021**
**£**
162,464
44,018
4,767
**211,249**
11
**11**
11,239
-
1,440
**12,679**
**223,939**
(43,894)
(4,811)
(1,337)
(200)
(1,952)
(1,184)
(13,338)
(730)
(22,595)
(5,990)
**(96,031)**
(41,106)
(2,707)
(1,106)
(3,156)
(4,987)
(305)
(829)
(7,660)
(569)
(3,694)
(1,215)
(2,405)
(1,841)
(1,758)|**2020**
**£**
257,791
34,071
52,169|
|---|---|---|
|||**344,031**
2|
|||**2**
7,850
723
-|
|||**8,573**|
|||**352,606**
(40,469)
(4,616)
-
-
(1,903)
(4,237)
(16,494)
(9,760)
(14,097)
-|
|||**(91,576)**
(43,116)
(2,742)
(810)
(4,306)
(4,804)
(1,862)
(758)
(7,347)
(708)
(4,639)
(2,664)
(1,762)
(3,265)
(450)|
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## CHRIST INTERNATIONAL CHRISTIAN CENTRE (CICC) Statement of Financial Activities For the year ended 31 December 2021
Other Expenses Small Music Equipment Processing Fees Office Supplies Rent **Governance costs** Accountancy Fees **Total resources expended Net Expenditure**
|(5,984)
(236)
(4,287)
(964)
(77,664)
**(162,473)**
(6,047)
**(6,047)**
**(264,551)**
**(40,612)**|(1,132)
(518)
-
-
(85,330)|
|---|---|
||**(166,213)**
(6,611)|
||**(6,611)**|
||**(264,400)**|
||**88,206**|
15 of 15 This page does not form part of the statutory financial statements