Trustees Report and Financial Statements for the Period 01 January 2021 to 31 December 2021 for
Alpha and Omega Christian Fellowship
Alpha and Omega Christian Fellowship
for the Period 01 January 2021 to 31 December 2021
Contents
| Page | |
|---|---|
| Reference & administrative details of the charity, its trustees and advisers | 3 |
| Trustees report | 4 |
| Accountants reports | 5 |
| Statement of financial activities | 6 |
| Balance Sheet | 7 |
| Notes to the financial statements | 8 |
Alpha and Omega Christian Fellowship References & administrative details of the charity, its trustees and advisers for the Period 01 January 2021 to 31 December 2021
| TRUSTEES: | Bishop E Campbell |
|---|---|
| Corrine Goodlitt | |
| REGISTERED OFFICE: | Room H |
| 1 Tower Business Park | |
| East Lane | |
| Wembley | |
| HA9 7NB | |
| CHARITY REGISTERED NUMBER: | 1042051 (England and Wales) |
| ACCOUNTANTS: | 1st Class Accounts |
| 320 City Road | |
| London | |
| EC1V 2NZ |
Alpha and Omega Christian Fellowship
Trustee Report for the Period 01 January 2021 to 31 December 2021
(Incorporating income and expenditure account)
The trustees submit the financial statements of the Alpha & Omega Christian Fellowship (the charity) for the year ended 31 December 2021. The trustees confirm the annual report and financial statements of the charity statutory requirements of the charity's governing documents and the provision of the statement recommend practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.
a. Constitution
The principle objective of the charity is to look after the Christian needs within the community and to provide spiritual guidance globally.
There have been no changes to the objectives since the last annual report.
b. Method of appointment or election of Trustees
The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the trust deed.
Trustees' responsibilities
The trustees are responsible for preparing the Annual Report and the financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practice applicable law and United Kingdom Generally Accepted Accounting Practice applicable to smaller charities.
Law applicable to the charities in England & Wales requires the trustees to prepare financial statements for each financial year which give true and fair view of the state if affairs of the charity and of surplus or deficit of the charity period. In preparing those financial statements the trustees have:
-
selected suitable accounting policies and applied them consistently
-
made judgements and estimates that are reasonable and prudent
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prepared the financial statements on the going concern basis (unless it is inappropriate to presume that the charity will continue in operating)
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Acts 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities.
The trustees are responsible for keeping the maintenance and integrity of the corporate financial information included on the Charities Commission website. Legislation in the United Kingdom governing the preparation dissemination of financial statements may differ from legislation in order of jurisdictions.
The report was approved by the trustees on …………………………………. and signed on its behalf by:
……………………………………………………..
Bishop Errol Campbell - Trustee
Date: ……………………………………………….
Alpha and Omega Christian Fellowship Accountants' Report for the Period 01 January 2021 to 31 December 2021
INDEPENDENT EXMINER'S REPORT ON THE ACCOUNTS
Report on the trustees/members for the year ended 31 December 2021 on the accounts set out on page 6 to 9.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As described on page 4 the trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the preparation of the accounts and they consider that an audit is not required for the year (under section 43 (2) of the Charities Act 1993 (the Act)) and that an independent examination is needed. It is my responsibility to:
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examine the accounts (under section 43 (2) (a) of the Act)):
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follow the procedure laid down in the General Directions given by the Charity Commission (under section 43 (7) (b) of Act)) and
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state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS' STATEMENT
In connection with my examination, no matter has come to my attention:
-
(1) which give me reasonable cause to be believe that in any material respect the requirements:
-
keep accounting record in accordance with section 41 of the 1993 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 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.
Signed ………………………………………………….
Y Ajala
Date: ……………………………………………….
Alpha and Omega Christian Fellowship
| INCOMING RESOURCES Incoming resources from generated funds: Voluntary income TOTAL INCOMING RESOURCES RESOURCES EXPLAINED Costs of generating funds: Costs of generating voluntary income Charitable activities Governance costs TOTAL RESOURCES EXPENDED MOVEMENT IN TOTAL FUNDS FOR THE YEAR - NET INCOME/(EXPENDITURE) FOR THE YEAR Total funds as at 01 January 2021 TOTAL FUNDS AS AT 31 DECEMBER 2021 |
Restricted Funds Unrestricted Funds Total Funds Total Funds 2021 2021 2021 2020 Notes £ £ £ £ 4,350 60,090 64,440 80,888 4,350 60,090 64,440 80,888 - 1,491 1,491 1,812 948 46,442 47,389 43,164 17 17,164 17,181 17,931 965 65,097 66,062 62,907 17,418 5,006 - 12,411 27,435 300,866 136,129 - 164,737 151,335 318,284 141,136 - 177,148 178,770 Statement of Financial Activities (Incorporating income and expenditure account) |
Restricted Funds Unrestricted Funds Total Funds Total Funds 2021 2021 2021 2020 Notes £ £ £ £ 4,350 60,090 64,440 80,888 4,350 60,090 64,440 80,888 - 1,491 1,491 1,812 948 46,442 47,389 43,164 17 17,164 17,181 17,931 965 65,097 66,062 62,907 17,418 5,006 - 12,411 27,435 300,866 136,129 - 164,737 151,335 318,284 141,136 - 177,148 178,770 Statement of Financial Activities (Incorporating income and expenditure account) |
|---|---|---|
| Notes |
||
| 4,350 60,090 64,440 80,888 - 1,491 1,491 1,812 948 46,442 47,389 43,164 17 17,164 17,181 17,931 |
||
| 965 65,097 66,062 62,907 17,418 5,006 - 12,411 27,435 300,866 136,129 - 164,737 151,335 |
||
| 318,284 141,136 - 177,148 178,770 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes form part of these financial statements
| Not FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABILITIES CHARITY RESERVES Restricted funds 10 Unrestricted funds 10 TOTAL FUNDS |
Alpha an | £ £ 87 160,618 16,847 177,465 403 177,061 177,148 318,284 141,136 - 177,148 d Omega Christian Fellowship Balance Sheet 31 December 2021 2021 |
£ £ 87 160,618 16,847 177,465 403 177,061 177,148 318,284 141,136 - 177,148 d Omega Christian Fellowship Balance Sheet 31 December 2021 2021 |
£ £ 87 160,618 16,847 177,465 403 177,061 177,148 318,284 141,136 - 177,148 d Omega Christian Fellowship Balance Sheet 31 December 2021 2021 |
£ 160,543 18,111 2 |
£ 115 178,654 020 |
|---|---|---|---|---|---|---|
| es |
3 |
Balance Sheet 1 December 2021 |
||||
| £ 160,618 16,847 |
||||||
| 177,465 403 |
178,654 - |
|||||
| 177,148 | 178,770 | |||||
| 318,284 141,136 - 177,148 |
314,899 136,129 - 178,770 |
The financial statements were approved by the director on ………………………………………..……. and were signed by:
……………………………………………………..
Bishop Errol Campbell - Trustee
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The notes form part of these financial statements
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Notes to the Financial Statements
Alpha and Omega Christian Fellowship
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for smaller Entities (effective January 2007). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), "Accounting and Reporting Charities" published in March 2005 and applicable accounting standards.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Instruments & Equipment ~ 25% reducing balance Furniture & Fittings ~ 25% reducing balance Other Fixed Assets ~ 25% reducing balance
2. DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES
| INCOMING RESOURCES Tithes Donations and Offerings 3. OFFICE EXPENDITURE Bank Charges expenditure Telephone & Stationary Books & Other Literatures |
Restricted Funds Unrestricted Funds Total Funds Total Funds 2021 2021 2021 2020 £ £ £ £ - 48,330 48,330 60,666 4,350 11,760 16,110 20,222 |
|---|---|
| 4,350 60,090 64,440 80,888 |
|
| Restricted Funds Unrestricted Funds Total Funds Total Funds 2021 2021 2021 2020 £ £ £ £ - 297 297 347 - 1,194 1,194 1,437 - - - 28 |
|
| - 1,491 1,491 1,812 |
4. DONATIONS
Love offerings & overseas donations
| Total | Total | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| 800 | 1,500 |
Alpha and Omega Christian Fellowship
Notes to the Financial Statements - continued
5. SUPPORT COSTS FOR GRANTS AND ACTIVITIES
| 5. SUPPORT COSTS FOR GRANTS AND ACTIVITIES | |
|---|---|
| Accountancy fees Property rental Travel, subsistence and accommodation Sundry expenses Building repairs & maintenance Cleaning Utilities Pastoral fees Professional insurance Van hire Staff NIC (Employers) |
Restricted Funds Unrestricted Funds Total Funds Total Funds 2021 2021 2021 2020 £ £ £ £ - 3,170 3,170 1,560 - 19,111 19,111 18,976 1,281 1,281 1,442 - - - - - 3,797 3,797 701 - - - - - - - - - 18,335 18,335 18,500 - 348 348 - - 113 113 - - 433 433 485 |
| - 46,589 46,589 41,664 |
6. RESOURCES EXPENDED ON MANAGEMENT AND ADMINISTERING THE CHARITY
| Computer & Software Costs Postage, printing & stationary Subscriptions & membership renewal Staff salaries including Employers NIC Subcontractor Church events costs Depreciation - Plant & machinery Depreciation - Fixtures & fittings Depreciation - Other fixed assets |
Restricted Funds Unrestricted Funds Total Funds Total Funds 2021 2021 2021 2020 £ £ £ £ - - - 80 - - - - - 110 110 - - 12,257 12,257 12,257 - 4,371 4,371 5,555 414 414 - - 15 15 21 - 7 7 9 - 6 6 8 |
|---|---|
| - 17,181 17,181 17,931 |
| 7. TANGIBLE FIXED ASSETS COST At 01 January 2021 Additions At 31 December 2021 DEPRECIATION At 01 January 2021 Charge for period At 31 December 2021 NET BOOK VALUE At 01 January 2021 At 31 December 2021 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Social securities and other taxes Other creditors 10. STATEMENT OF FUNDS Unrestricted Funds General funds Other general funds Restricted Funds Restricted Funds Other - Gift Aid Total of Funds |
Plant & Machinery Fixtures & Fittings Other Fixed Assets £ £ £ 32,194 10,409 4,373 - - - |
Plant & Machinery Fixtures & Fittings Other Fixed Assets £ £ £ 32,194 10,409 4,373 - - - |
Total £ 46,976 - |
|---|---|---|---|
| 32,194 | 10,409 4,373 |
46,976 | |
| 32,105 43 |
10,369 4,336 19 18 |
46,810 80 |
|
| 32,148 | 10,388 4,354 |
46,890 | |
| 62 | 28 25 |
115 | |
| 47 | 21 19 |
87 | |
| Brought Forward £ 1,008,310 1,144,439 - |
2021 £ 160,618 2021 £ 403 - Incoming Resources Resources Expended £ £ 60,090 - - 65,097 - |
2020 £ 160,543 |
|
| 2020 £ - |
|||
| Carried Forward £ 1,068,400 1,209,536 - |
|||
| 136,129 - 33,182 281,717 |
60,090 65,097 - - - 4,350 965 - |
141,136 - 33,182 285,102 |
|
| 314,899 | 4,350 965 - |
318,284 | |
| 178,770 | 64,440 66,062 - |
177,148 |