Trustees’ Annual Report for the period
From 1[ST] MARCH 2022 Period start date To Period end date28THB FEB 2023
Charity name:W5 CHURCH
Charity registration number:1177101
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Advancement of Christin religion |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The Object of the CIO is, for the public benefit, the advancement of the Christian faith in Northampton and such others parts of the United Kingdom and the world as the Charity Trustees may from time to time decide. We have teachings, musical performances,and reaching out to people and serving the community. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | THE TRUSTEES HAVE REGARDED THE GUIDANCE ISSUED BY THE CHARITY COMMISION ON PUBLIC BENEFIT. |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment
Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The charity has remained highly active in fostering a vibrant community by hosting a diverse range of in person and on line meetings consistently throughout the weeks and the month. These gatherings are tailored to cater to families ,men, women and youth, amidst present challenges, guiding them towards a brighter future and empowering them to become their best selves. In line with our commitment to serving our community, we have made significant investment in renovating building facilities, ensuring they are well equipped and purposefully designed to better accommodate the needs of those we serve,enabling us to expand the mission and vision of the charity. Our outreach extends beyond our immediate congregation through the utilisation of various media and music platforms, allowing us to minister to a wider audience . The generosity of the donor and the receipt of gift aid have been instrumental in ensuring the financial stability of our congregation enabling us to sustain our services and outreach initiatives effectively. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 |
|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
|---|---|---|
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Due to a lot of refurbishment done to the place of worship, the charity had a deficit of £6,600 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The charity had £5043 in reserve |
| Amount of reserves held | Para 1.22 | £5043 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional)
| Additional information (optional) | Additional information (optional) | Additional information (optional) |
|---|---|---|
| You may choose to include further statements where relevant about: | ||
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
CIO | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CONSTITUTION |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | SELECTION |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | W5 CHURCH |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1177101 |
| Charity’s principal address | 16 ST GILES TERRACE NORTHAMPTON NN1 4EW |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| FESTUS ASUNMO | ||||
| TIMOTHY ADELEGAN |
||||
| RUVIMBO MUNHUWA |
||||
| ABOSEDE MARIA OLUWASEUN ADELEGAN |
CHAIRMAN | |||
| JACOB COLLINS BROWN |
||||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) ABOSEDE MARIA ADELEGAN
Full name(s) ABOSEDE MARIA ADELEGAN
Position (eg Secretary, CHAIRPERSON Chair, etc)
Date
23/12/2023
| Month | Total | Parent fees | NEF | F/raising | Grants | Donat | Other | |||
|---|---|---|---|---|---|---|---|---|---|---|
| **1 ** | April | 8,818.23 £ |
1,168.00 £ |
7,650.23 £ |
- £ |
- £ |
- £ |
|||
| **2 ** | May | 12,053.00 £ |
1,307.50 £ |
10,240.37 £ |
500.13 £ |
- £ |
5.00 £ |
- £ |
||
| **3 ** | June | 2,549.88 £ |
2,437.50 £ |
78.40 £ |
33.98 £ |
- £ |
- £ |
- £ |
||
| **4 ** | July | 536.62 £ |
339.50 £ |
197.12 £ |
- £ |
- £ |
- £ |
- £ |
||
| **5 ** | August | 700.71 £ |
384.00 £ |
250.00 £ |
66.71 £ |
- £ |
- £ |
- £ |
||
| **6 ** | September | 4,883.68 £ |
477.00 £ |
4,406.68 £ |
- £ |
- £ |
- £ |
- £ |
||
| **7 ** | October | 6,672.25 £ |
380.50 £ |
6,260.57 £ |
- £ |
- £ |
- £ |
31.18 £ |
||
| **8 ** | November | 1,209.67 £ |
213.50 £ |
100.80 £ |
133.37 £ |
- £ |
762.00 £ |
- £ |
- £ |
|
| **9 ** | December | 887.00 £ |
887.00 £ |
- £ |
- £ |
- £ |
- £ |
- £ |
||
| **10 ** | January | 4,486.61 £ |
882.50 £ |
3,604.11 £ |
- £ |
- £ |
- £ |
- £ |
||
| **11 ** | February | 4,556.80 £ |
- £ |
4,495.81 £ |
60.99 £ |
- £ |
- £ |
- £ |
||
| **12 ** | March | 1,453.00 £ |
1,453.00 £ |
- £ |
- £ |
- £ |
- £ |
- £ |
||
| Total | £48,807.45 | 9,930.00 £ |
37,284.09 £ |
795.18 £ |
- £ |
767.00 £ |
31.18 £ |
|||
| Receipts Summary | ||||||||||
| 2022-2023 | ||||||||||
| Month | Total | Salaries | Rent & Rates | Ins /Ofsted | Catering | Consumables | Equipment | Admin | Training | Other | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | April | 4,387.35 £ |
3,743.85 £ |
643.50 £ |
- £ |
- £ |
- £ |
- £ |
- £ |
- £ |
||
| 2 | May | 3,972.48 £ |
3,972.48 £ |
- £ |
- £ |
- £ |
- £ |
£0.00 | - £ |
- £ |
||
| 3 | June | 6,058.26 £ |
4,236.48 £ |
534.15 £ |
905.54 £ |
190.09 £ |
- £ |
- £ |
- £ |
192.00 £ |
- £ |
|
| 4 | July | 4,715.00 £ |
3,822.65 £ |
707.85 £ |
- £ |
- £ |
- £ |
- £ |
£184.50 | - £ |
||
| 5 | August | 3,760.59 £ |
3,522.60 £ |
- £ |
172.26 £ |
- £ |
56.98 £ |
8.75 £ |
- £ |
- £ |
||
| 6 | September | 3,051.83 £ |
2,783.47 £ |
- £ |
- £ |
- £ |
43.36 £ |
- £ |
- £ |
225.00 £ |
- £ |
|
| 7 | October | 4,447.83 £ |
3,727.13 £ |
720.70 £ |
- £ |
- £ |
- £ |
- £ |
- £ |
- £ |
||
| 8 | November | 3,764.26 £ |
3,062.12 £ |
- £ |
- £ |
702.14 £ |
- £ |
- £ |
- £ |
- £ |
- £ |
|
| 9 | December | 4,169.71 £ |
3,333.96 £ |
705.75 £ |
50.00 £ |
- £ |
80.00 £ |
- £ |
- £ |
- £ |
- £ |
|
| 10 | January | 3,434.58 £ |
3,317.48 £ |
- £ |
- £ |
- £ |
- £ |
- £ |
117.10 £ |
- £ |
- £ |
|
| 11 | February | 3,459.81 £ |
3,459.81 £ |
- £ |
- £ |
- £ |
- £ |
- £ |
||||
| 12 | March | 4,700.35 £ |
3,342.61 £ |
1,244.10 £ |
113.64 £ |
- £ |
||||||
| Total | 49,922.05 £ |
42,324.64 £ |
4,556.05 £ |
£955.54 | 1,064.49 £ |
237.00 £ |
56.98 £ |
£310.35 | 417.00 £ |
- £ |
||
| Payments Summary | ||||||||||||
| April 2022-23 |
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of ) R(¥ffffL JVAILX23 QÉ_scAcOL On accounts for the year ended Charity no (if any) Set out on pages (rememt)er to indude the page numbprs of a.ddit.ional sheets) I report to the trustees on my examination of the accounts of the above charity ('the Trust") for the year ended 05 Ot¥ , 2023 As the charity's trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act"). Responsibilities and basis of report I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent tfhe charity's gross income exeded £250,000 and l am qualified to examiner's ststement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable. I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordan with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did 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 fairf view which is not a matter considered as part of an independent examination. I have no COnrnS 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. Please delete the words in the brackets if they do not apply. Signed: Date: 10111 1102£ Name: Relevant professional qualification(s) or body ACA - IC(¥e w CHA£f&L&J &C(OLVAwr IER Oct 2018