FULL GOSPEL CHURCH
Charity Registration Number: 1054374
TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
FULL GOSPEL CHURCH
CONTENTS
| CONTENTS | |
|---|---|
| Charity Information | 3 |
| Objectives, Policies and Activities | 4 - 5 |
| Trustees annual report | 6 - 7 |
| Independent Examiners Report | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Notes to Accounts | 11 - 12 |
FULL GOSPEL CHURCH Charity Information
Charity Name:
Full Gospel Church
Charity Registration No:
1054374
Trustees
Mrs. Ronke Titilope Morris Mrs. Vivienne Lorraine Melling Mrs. Clara Olapega Adegbulu (left the church and resigned as trustee in May 2023)
Registered Address
32 - 39 Pier Road Northfleet Kent DA11 9NB
Bankers
HSBC UK 84 New Road Gravesend DA11 0AS
Accountants
Toda Consult 19 York Road Northfleet Kent DA11 9PU
Page 3
FULL GOSPEL CHURCH OBJECTIVES AND POLICIES FOR THE YEAR ENDED 31 DECEMBER 2022
The objects of the Charity are:
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The advancement of the Christian faith worldwide; and
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The relief of poverty
TRUSTEES' RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The Charities Act requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the trustees are required to:
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a) Select suitable accounting policies and apply them consistently;
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b) Make judgements and estimates that are reasonable and prudent;
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c) State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements.
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d) 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. They are also responsible for safeguarding the assets of the charity and hence for taking any reasonable steps for the prevention and detection of fraud and other irregularities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trustees submit their annual report and the financial statements of Full Gospel Church (the church) for the year ended 31 December 2022. The Trustees confirm that the annual report and financial statements of the church comply with current statutory requirements, the requirements of the church's governing documents and the provisions of the Statement of Recommended Practise (SORP) "Accounting and Reporting by Charities" issued in March 2005.
a. CONSTITUTION
The church is constituted under a Trust deed, and has a registered charity number 1054374
b. METHOD OF APPOINTMENT OR ELECTION OF DIRECTORS/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.
c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
The induction process for a newly appointed member of the Trustees comprises an initial meeting with other Trustees, followed by a series of short meetings with the Minister in Charge on the powers and responsibilities of the Trustees.
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FULL GOSPEL CHURCH
OBJECTIVES AND POLICIES FOR THE YEAR ENDED 31 DECEMBER 2022
d. ORGANISATIONAL STRUCTURE AND DECISION MAKING
The church is organised so that the trustees/directors meet regularly to manage its affairs. The day-to-day administration of the church is managed by the trustees.
e. RELATED PARTY RELATIONSHIPS
Full Gospel Church is a member of the Assemblies of God Church which has parishes all over the world.
f. RISK MANAGEMENT
The Trustees have assessed the major risks to which the church is exposed, in particular those related to the operations and finances of the church, and are satisfied that systems are in place to mitigate exposure to any major risks.
FINANCIAL REVIEW
a. PRINCIPAL FUNDING
This is provided mainly through voluntary giving of tithes and offerings by the church members and through gift aid scheme. Pledges are also taken for specific projects.
b. INVESTMENT POLICY AND PERFORMANCE
The Trustees have decided that at present, funds should be retained in Banks and Building Societies. Any change in such banking arrangements should be agreed by the board. As far as possible, funds will be retained in interest bearing accounts.
c. RESERVES POLICY
The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.
Page 5
Chair of Trustees Report
for
Full Gospel Church
32-39 Pier Road, Northfleet, Kent DA 11 9NB 2022
Full Gospel Church Centre is in a multicultural well-established community. Many are struggling with day-to-day life. We aim to support our neighbours in any way that is needed. It is our commitment to provide a place of respite, aid and support financially, materially, emotionally and spiritually.
The century old building is situated on the edge of a chall< pit, which is prone to erosion edge.
Our weekly tithes and offerings provide the day-to-day running of the Church. The wages of the Pastor and monies are used to bless many regular charities in the locality and further afield. Our tithes and offerings which are used to provide for others are enhanced and gratefully acl<nowledged by reclaimed tax from Gift Aid.
Sanctuary and the House of Mercy are just two of several local charities which benefit from our donations, that we as a Church support. These two charities supporting the homeless in Gravesham provide short-term accommodation, day to day needs and long-term housing. We are members of Churches together in Gravesham of which Sanctuary is one of its initiatives.
Street and School Pastors who reach out to those on the streets and in local schools are also supported by our tithe gifts.
We also give regularly to emergency and crisis situations globally.
Classification - Public
We give thanks to the Lord for the provision he gives to us to enable us to fulfil our vision. 'As we are blessed, so it is our desire to bless other& ' We are truly blessed by generous, kind caring, dedicated members who are committed to Carrying this out. We offer two services on a Sunday and three midweek meetings, two of which are on Zoom. This provides an opportunity for those who cannot physicaLLyjoin us for any reason. We greatly appreciate our young people and how they embrace their musical gifts and talents, enhancing the Church Community. Our outreach events during the summer and at Christmas are well attended, encouraging and strengthening our bonds with the community. We hold days for Church Work, when we come together to paint, repair and enhance the Church buildings and to help clear rubbish and weeds from the pavements and roads. We try to encourage any local resident volunteers to join us, giving them a sense of belonging and a sense of care for their environment. We trust and believe we fulfil the guidelines laid out by the Charity Commission and we had achieved our mission statement. Chair MAS. L.1c Classrficalion - Public
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FULL GOSPEL CHURCH
I report on the accounts of the Trust for the period ended 31 December 2022, which are set out on pages 9 to 12.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER
As the Charity's Trustees, you are responsible for the preparation of the Account: you consider that the audit requirement of section 43(2) of the Charities Act 1993 ("the Act") does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7) of the Act, whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records 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 explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the Accounts.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that any material respect the requirements: * to keep accounting records in accordance with section 41 of the Act, and
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to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act.
Have not been met: or
- To which, in my opinion, attention be drawn to enable a proper understanding of the accounts to be reached.
O G AGBOLA
Toda Consult
19 York Road
Northfleet
Kent
DA11 9PU
Page 8
FULL GOSPEL CHURCH
Statement of Financial Activities for the year ended 31 December 2022
| Notes Incoming Resources Incoming resources from generated funds: Voluntary income:donations 2 Activities in furtherance of the charity objects Interest income |
2022 2021 Unrestricted Restricted Total Total £ £ £ £ 29,237 500 29,737 38,111 252 - 252 2 |
|---|---|
| Total Incoming Resources | 29,489 500 29,989 38,113 |
| Resources Expended Charitable activities 3 Governance costs: 4 |
31,070 - 31,070 32,809 350 - 350 320 |
| Total Resources expended | 31,420 - 31,420 33,129 |
| Net Incoming/(Outgoing) Resources for the year Total funds at 1 January 2022 Transfer between funds |
(1,931) 500 (1,431) 4,984 10,414 21,737 32,151 27,167 - - - - |
| Total funds at at 31 December 2022 5 |
8,483 22,237 30,720 32,151 |
All disclosures relate to the continuing operations. There are no recognised gains or losses other than those disclosed above.
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FULL GOSPEL CHURCH
Balance Sheet as at 31 December 2022
----- Start of picture text -----
2022 2021
Notes £ £ £
FIXED ASSETS
Tangible Fixed Assets 7 - -
- -
CURRENT ASSETS
Cash in Hand/ Bank 31,070 32,151
31,070 32,151
CREDITORS:
Amount falling due within a year (350) 0
NET CURRENT ASSETS 30,720 32,151
TOTAL ASSETS LESS CURRENT LIABILITIES 30,720 32,151
NET ASSETS 30,720 32,151
ACCUMULATED FUNDS
Restricted 5 22,237 21,737
Unrestricted 5.1 8,483 10,414
TOTAL FUNDS 30,720 32,151
----- End of picture text -----
a) For the year ending 30 April 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
b) The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
c) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
Approved by the Trustees and Signed on their behalf:
Signature: Signature: Email: ronkyj.elyon@yahoo.co.uk Name: MRS RONKE TITILOPE MORRIS
Date: 7-Aug-2025
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FULL GOSPEL CHURCH
Notes to the financial statements for the period ended 31 December 2022
ACCOUNTING POLICIES
1.1 Basis of preparation of accounts
The accounts have been prepared under the historical cost convention 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 by Charities" published in March 2005 and applicable accounting standards.
1.2 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Church and which have not been designated for other purposes
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the Church for particular purposes. The cost of raising and administring such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the accounts.
| 1.2.1 Charity Funds Bank current account Bank deposit account Savings account Building Fund account Cliff account |
2022 2021 Unrestricted Restricted Total £ £ 8,526 - 8,526 10,331 56 - 56 56 - - - 28 - 2,863 2,863 2,363 - 19,626 19,626 19,374 8,582 22,489 31,071 32,152 |
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2. Incoming resources
These are recognised in full in the Statement of Financial Activities in the period in which they are received. Included are income from tithes, offerings, gift aid and interest received during the year from investments and accounted for as restricted or unrestricted-funds.
2.1 Voluntary Income: Donations
| Donations - Tithes & Offering, Gift Aid Donations - Non-Gift Aid Donations - Building Fund |
2022 2021 Unrestricted Restricted Total £ £ £ £ 25,253 - 25,253 32,005 3,984 - 3,984 5,626 - 500 500 480 29,237 500 29,737 38,111 |
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FULL GOSPEL CHURCH
Notes to the financial statements for the period ended 31 December 2022
3. RESOURCES EXPENDED - CHARITABLE ACTIVITIES
This comprises all expenditure directly related to the objects of the of the charity. It also includes the expenditure in support of that activity where material.
| Staff Costs Church Building Insurance Electricity Oil Water Repairs & maintenance Equipment & replacement Other Church running costs Dues & Subscriptions Phone/Broadband Streaming Service Miscellaneous Utilities and Legal Bank Charges Copyright Licences Charitable donations Missionary Gifts Mother church - AOG payments Donations and gifts 4. GOVERNANCE COSTS The net movement in funds for the year is stated after charging Independent Examination 5. FUNDS At 1 January Surplus/(Deficit) for the year At 31 December |
2022 2021 Unrestricted Restricted Total £ £ £ £ 19,575 - 19575 19,962 1,157 - 1,157 1,046 1,207 - 1,207 805 961 - 961 425 485 - 485 629 - - - 300 - - - 274 3,810 - 3,810 3,479 318 - 318 1,441 215 - 215 211 - - - 158 5,851 - 5,851 50 6,384 - 6,384 1,860 150 - 150 11 - - - 292 150 - 150 303 - - - 454 1,031 - 1,031 - 120 - 120 6,751 1,151 - 1,151 7,205 31,070 - 31,070 32,809 2022 2021 £ £ 350 320 350 320 2022 2021 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ 10,414 21,737 32,151 27,167 (1,931) 500 (1,431) 4,984 8,483 22,237 30,720 32,151 |
|---|---|
5.1 UNRESTRICTED FUNDS
These are grants and donations received or receivable for the objects of the charity without restriction as to the purpose but are available as general funds to the charity.
5.2 RESTRICTED FUNDS
Restricted funds are used for the purpose as specified by the donor. Expenditure that meets these criteria are identified to the fund.
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