REPORT AND FINANCIAL STATEMENTS for the YEAR ENDED 31 DECEMBER 2022 THE FULL GOSPEL HALL 91 Plashet Grove, East Ham London. E6 IAA Charity Registration NO 1054391 Acting Minister.. Pastor Patsy John Church Secretary.. Valerie Robinson Treasurer.. Francis Kuagbela Alor & Co Chartered Certified Accountants and Management Consultants 45a Market Street East Ham London E6 2RA
R&c Chaittei'ed Ceitified Accoiintaiits and Mana eiiieni Consultants ACCOUNTANCY * TAXATION * MANACEMEI NT CONSULTANCY ALOR & CO 450 Morliet Sireet East Hom London- E6 2RA Dale.. I" Augcis¢ 2024 Tell 07932073930 Muili alc*rbv@YohorJrn Web.. Ol-¢0.u¢n1wtbffj0rn INDfpENDEI NT EI XAMINfi R'S REPORT TO THI TRUSTEES OF IIULL COSPEL HALL- ASSEMBLIES OF GOD. PRINCIPAL We have repoi'led oli the accounls of Ilie Full Gospel Hall Asseniblies of God toi. Ilie ye1< r elided 3151 Decembei. 2022 which al'e sel out on page5 5 10 13. E. Alorbtr 8AIHONSI FCCA CONSULTANT Re.81)ective i'esi)oiisibilities nf ti'iistees Aii(l in(Ic.pc.iiileiil' ellliiiiner G. Akinlutle FCCA I"he Lhai'ily's Ii'uslees al'e responsible foL tlie prepai'alion of ihe accoiiiits. Tlie cliai'ity's trustees consider that an aiidit is not Irquii'ed for this yeai. account Iindei. section 144(2) of tlie cliai'ity's Act 2011 (the 201 l Act) aiid that an indepeiident examination is iieeded: It is oiii- i'espoiisibility to: examine the accounts iiiidei. sectioii 145 of tl)e 201 l Act. 2. to folloiv tl)e piocedLlI'es laid down in Geiiei'<11 Dii'ectioiis giveii by the Charity Coniniissions undei. section 145(5)(b) of tli¢ 201 l Act. and no examiiiation on tlie Ii'LisÉees' report 4. to slate whether parliculai- iiiatteL% have come to oiii. attention Bttsis Df th¢ Independent exAminer's report Out. examination ivas carried oiit in accoi'dance iviili the G¢Dei'al Dii'eclions giveii by Ilic Chai'ity Comiiiissioiiei's. An examination incliides a ievi¢iv of the accoiintiiiu rccoi'ds kept by Ilie chai'ity and a coinpai'ison of the accotll)ts pi'esenled iviili Ilie iinderlyii)LF recoi'ds. It also includes con5id¢ratioii of aiiy niaterial iinL15ual items 01. disclosiires in Ilie accoiiiits, aiid seekiiig explanations from you as Ii'uslees coii¢ei'iiing ai)y of SLicli Inatlers. The pi-ocediit'es undertaken do not provide all the evidence Iliat would be reqiiired in ali audit aiid coiiseqliently we do not express ali aiidit opinion on the view giveii as to wl)eiliei' the accoiints pi'eses)t a 'trLie and fair view, and the I'epoi't is limited 10 those maltei's set oiit in tlie slateineilt beloiv. iidependent ex8miners' staten)en¢ Tn connection with our exaEnination, no matler has come to out. atlenlioti.. l. Wliich gives us reasonable cause to believe that any material Inisslalement iii the i'equii'einenls: ¢ ) to keep accoLinlii)g Ltcoi'ds iii accordaiioe with section 130 ofilie 2011 A¢tand b) to pi'epare a¢couiils Nvhicli accords iviih tlie accollllting IEcord5 and coniply bviili Ili¢ accouiiting i'eqiiiLEments of the 201 l Act This fii-ni 15 l'cgiilaied by the As50clntion ofchartered Cei'1ifLeil Accouiitaiits iii tlic conduct of Accounting and Coiisulianey work.
have iioi beeli mcl; or 2. t(} wliich iii oiii. opiiiioii, allL'nlion shoiild be di'awii iii ol'der lo eiiable a PIOPCI. Lindei'slandinLy of Il)e accoiiiits lo be reached. Cbenezer Aloi'bii FCCA roi'Aloi'& Co
THE FULL GOSPEL HALL TRUSTEES REPORT FOR THE YEAR ENDED 31111 DECEMBER 2022 Ob"ectives and Activities. The prime object of the Assembly (Charity) is the advancement of the Christian Religion by the proclamation and furtherance of the Gospel of God concerning His Son Jesus Christ the Lord and the preaching and teaching of the Word of God by the Church in accordance with the Statement of Fund8mental Truths of the Assemblies of God Incorporated. Apart from the search for a full-time Pastor,. our priority for this year was to continue lo focus on our stated aim, that is lo be a light in the community, whilst Considering the Commission's guidanTr on public benefit and, in particular, the specific guidance on charities for the advanGemenl of religion. In particular, we endeavour to encourage people to live out their faith as part of the Assembly through.. Worship and prayer, leaming about the gospel.. and developing their personal knoedge and trust in Jesus. Provision of pastoral Ca for people known lo have problems Missionary and outreach work. Achievements and Performance. Worship and Prayer". The Assembly offers a wide range of services during the week and over the Course of the year that have been found lo be beneficial and spiritually fulfilling for those taking part. The regular Sunday morning service provides the opportunity for freedom in worship whilst allowing a lime for ¢ontemplalion at the Breaking of Bread (Communion). This is followed by the ministry of the word, whilst the children gather in the lower hall for junior church in age related classes. other seICe5 provide opportunity for prayer, studying the Scriptures and, for the youth the addition of games and Social activities. All are welcome to attend our regular services and again, during the past year, we have had a number of visitors attending the Sunday morning serviee. Al present there are 96 persons on the church register. All regular attendees are invited to apply for membership. Some were removed from the reglster either through death or because they resigned from the fellowship or moved from the locality. As well as the regular setvices, we enable the fellowship lo celebrate and thank God at the milestones of the joumey through life. Through the dedication of infants we thank God for the gift of life, through baptism the candidates witness their faith in Jesus Christ, in marriage public vows are exchanged with God's blessing and through funeral ServIS friends and family express their grief whilst giving thanks for the life of the person now committed to God's keeping. During the year we have celebrated frw dedications and held no funeral. Pastoral Care.. Rev. Patricia John, in her capaty of Interim Leader continued to oversee the pastor81 care of the church. During the Sunday moming Servi we provide crèche facilities for parents and babies to which the service is relayed. This en2bles them to enjoy the ministry whilst alkjwing the infants lo have the freedom lo play. Dunng the summer an outing lo Kent, was organised by two ot the members and the church was able to subsidise the cost of the coaches. The Junior Church lakes place during the Sunday morning service at the time sel aside for the Ministry of the Word. There are about 50 children registered and each child is provided with a workbook that support5 the lesson. There is rots of volunteers from the membership, all of whom have been D & B checked. vtho teach the children using "Go Teach" materials. Some members of the Assembly are unable to allend the services due to sickness or age and lo ensure their care the Pastor has established a team of volunteers to keep in touch by telephone or visiting them lo keep them in touch with Assembly life. When requested, Pastor Palsy and the visilalion team have visited members, either in their homes or in hospital, to celebrate communion and pray with them. Mission and Evangelism.. Helping those in need is an evidence of our faith and we provide financial support lo organisations that supply food and clothing and for the Social and Educational needs of Adults and Children in those parts of the world affected by natur81 disasters, national unrest and famine. Knowing that needs exist in the area local to the Assembly, all the non- perishable foods brought lo the 8nnual Harvest Thanksgiving Service are donated to the Renewal Refugee and Migrant Project IRAMP} who provide a support service for those seeking asylum or are othenlSe outside the Social Service's umbrella. Ecumenical Relationships. The Agsembly is an associate of the Newham Christian Fellowship. 11 is also in fellowship with the Assemblies of God Incorporated and benefi'ts from its advice and assistance, the annual subscription is 301(* of the unrestricted income received in the previous year.
THE FULL GOSPEL HALL TRUSTEES REPORT FOR THE YEAR ENDED 315t DECEMBER 2022 Icontlnued) Financial Review: The Church is dependent for its day lo day running on the financial support of its Members and Congregation and during 2022 income from direct giving was below our budget expectations. As can be seen from the Slalemenl of Accounts, the income was lower than that in previous years and we were not have been able to cover our expenses due to restoration work lo the church building and the flats. We spent £193,515 more than our income due lo restoration work lo the church building and flats. The total reIp1S of lithes and offerings were £24,380 and Gift Aid was £40.573 are detailed in the Financial Ststements. Tithes and offerings by the Gift Aid scheme were down slightly and this resulted in the drop in lax recovered.. During the year we were able lo give financial support of £1000 to Missionary Societies and Social and educational Charitable Organisations. The church is in a strong financial position. Reserves Pollcy. The CC has considered the level of reserves they wish to retain appropriate lo the Assembly's needs. This is based on the Assembly's Size and the level of commitments held. The CC airn lo ensure that the Assembly will be able lo continue to fulfi'l its charitable objectives even if there is a temporary shortfall in income. The Propety Fund 1$ designated lo provide for the future joint purchase of a manse in the event that an incoming Minister requires assistance in purchasing a house. In ieviewing the cost of housing in the Borough it will be necessary to increase the amount held in the fund. The CC will endeavour not lo 'sit' on funds unnecessarily. Stsff & Volunteer8. The Church employs a part-time Youth Leader, a part-lime church administrator and three part-time Cleaners. The achievements of the past year are due lo the continuing voluntary help of the Members in the various departments of the work. No remuneration was received by the Trustees other than the out of pocket expenses disclosed in the accounts and no material transaction took place between the Church and a Trustee or any person connected with any of them. The cost of maintenance and improvements to the Property is mel from Gifts in Kind and Income from the General and Property Fund. Property. The Assembly property is freehold and held in trust by the Holding Trustees and consists of frve persons. However, there is presently one position vacant. The Holding Trustees are appointed by and are responsible lo the Church Council. The Holding Trustees aTe'. Mr Felix Baplisle Mrs Bety Duckett Mr Branford B. Yeboah Reference & Administrative details The Full Gospel Hall is a Reglstered Charity number 1054391 and is situated in East Ham in the London Borough of Newham. It is in Fellowship with the Assemblies of God. The principal address is 91, Plashet Grove, East Ham, London. E6 1AA. The primary bankers are HSBC Bank plc. 118, High Street North, East Ham. London E6 2HX.
THE FULL GOSPEL HALL TRUSTEES REPORT FOR THE YEAR ENDED 315¢ DECEMBER 2022 Icontlnuedl Structurei governance and management. The Governing document is a Deed of Trust and the Trust 1$ unincorporated. Whilst ieviewing ihe governan of the Assembly the attention oflhe CC was drawn lolhe fact that the documonl 15 oul of dale, the model deed having been revised by theAssemblies of God. It was decided to engage Geldards, the AOG Soliator3, to prepar6 a new document for the Full Gospel Hall. Thls new Deed was completed in earty 2021. For the present, the method of appointment of Church Council Members is set out in the Constitution adopted 8th April 1995. During the year the membership of the Church Council was strengthened by the addition of four persons. The Church Council members are responsible for making decisions on all mallers of general concern and importance to the Assembly including deciding on how the funds of the Assembly are to be spent. The Church Council Members are.. Interim Lead Pastor Patricia John Pastor Douglas Williams Ms Valerie Robinson Mr E. A. Boaleng Mr B.B Yeboah Mr F.A. Kuagbela Ms Hanan Alamy Mr J. Ogundele There are presently five persons serving as Deacons. The membership of the Deaconale is by nomination and election by those who are full members of the Assembly. All those who allend the services regularly are encouraged to apply for membership and take an active role in the life of the Assembly. The members of the Deaconate are.. Mrs Ada Adu MrAmos Ndubuisy Mr Kayode Olowfila Mr James Iziegbe Mrs Betty Duckett
THE FULL GOSPEL HALL TRUSTEES REPORT FOR THE YEAR ENDED 31$t DECEMBER 20221Continuedl Names of the Charity Trustees who manage the Charity: Acling Pastor Rev. Mrs Patricia John Rev. Douglas Williams Ms Valerie Robinson Mr Francis Kuagbela Mr Branford B. Yeboah Se¢tarY Treasurer TRUSTEES RESPONS181LITIES The Charilies Act 1993 requires the Trustees lo prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the surplus of the trust for that period. In preparing those financial statements the trustees are required to.. Select suitable accounting policies and apply them consistently Make judgements and eslimales that are reasonable and prudent Prepare financial ststements on the going concern basis unless it is inappropriate to presume that the Trust will continue in existence. The Trustees are responsible for keeping proper accounting records, which disclose wth reasonable accuracy al any time the financial position of the Trust. They are also responsible for safeguarding the assets of the Trust and hen for tsking reasonable steps lor the prevention and detection of fraud and other irregu18rilies. Declarations. The trustees declare thal they have approved the trustees, report above Slgned on behalf of the charlty's trustees, Signature Full name.. Francis Kuagbela Position.. Treasurer Date.. 30110r23
FULL GOSPEL HALL- EAST HAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2022 Unrestricted Fund$ Oesignaled Funds Restricted Funds Total 2022 Total 2021 Notes INCOMING RESOURCES Voluntsry Income 66,371 66,371 52,166 Aetwities for Generating Fund$ 3b 18,72S 18.725 3.840 In¥e$lment Incom8 Re¢eipts 3.284 1,591 Other Income Reso¥r¢es 5,052 5,052 TOTAL INCOME RESOURCES 93,412 93N12 58.603 RESOURCES EXPENDED Cost of Charrtabl& A¢tivitEs 263,022 1.402 284,425 100.802 Governance Cosi$ 4b 15.467 15,4e7 9.445 TOTAL RESOURCES EXPENDED 278.489 1,402 279,891 110.247 NET INCOMING IOUTGOINGI RESOURCE 18&077 1,402 186,479 51,644 Total Funds Brought Ferward PrvJr year adjustment Transfer ol Funds 1.394.358 90,952 3.716 1.489.026 1.535,638 5,032 TOTAL FUNDS CARRIED FORWARD 1,209,281 90.952 2,314 1,302,547 1.489,026 Movements on all ieserves and all r8ccgnizgd gains and losses a sho above. All of tho organl2atn'$ aperations are classed as continuing. The note5 00 page5 6 to 12 forms part of these financial 5ts1emenl5.
FULL GOSPEL HALL- EAST HAM BALANCE SHEET AS AT 31st DECEMBER 2022 Unr6slri¢t8d Resirided Funds 31.Dec-22 3leG-2I Notes FL4nds Flxed As$ots Tanglble A55ets 605582 605582 603952 urr8llt Asstrts GA T8x Refund- HMRC 16g8 1698 4619 Invesltnenl Iniaresl Accrued 3c 1338" 1338 986 CaÈh at BaDk and In Hand 691115 691115 867767 Debtor5.' DL* vllhin one yeei 8b 7450 Total Current A5spts 694161 694151 880822 Credltors Due wlhin one yesr 3250 3250 10TT NET CURRENT ASSETS 690900 69U900 879745 Susppn$& Account 6.066 5.329 TOTAL ASSETS 1302547 1302547 1489026 FUNDS OF THE CHARITY General FurKIs 1197942 1197942 1394358 D&slgnaled Funds 90952 952 90952 Re51ricled Funds 2314 2314 3718 Su5pen$e 1288894 2314 1302547 1489026 susnSe Acu)uni. The dlfference Df £7,110 cannot, 81 piesenl. be accounted for butwe WNI continue lo re-examine the books for the reason. Approved by the Tru5t8es and Signed on their behalf by F.A. Ku8gbela, Treasurer 31$1 Augusl 2022
FULL GOSPEL HALL- EAST HAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBE R 2022 I. ACCOUNTING POLICIES Incoming Resour¢es'. Recognition of Incomlng Resources Th25e are IndudÈd in the siaiemenl of Finanual Aclivlth'es ISOFAI when.. thè charity becomes wlitled to the resources., the Trustse8 are wrfuslly ttèrtain Ihey 11 re1ve the re50urces'. and the monetary value can be measured lItt suffiu8ni reliablllly Incomlng Resources with RelatedExpendlture Where incoming resources have related endIture las with fundrak8lng or contract income) thè incomin9 resource and relaled expenditure are reported gross In the SOFA. Grants 8ndDonatlons Grants and DDnaliDns are onty included in the SOFAwhen the charity has unconditional enlillemenl lo the resources. Tax Roclaims on Donations and Gifts Incoming resources froffl lax redaims are Included In Ihe SOFA at the same lime as the gift lo trthlch they relate. Contra¢tuallncome andPerformance Related Grants TrKs18 only induded in Ihe SOFA Dnre VE relaiÉd goods or servi8 have been dellvered. Glfts In Kind Gifts In Kind are 8tt0unled for ai a reasonable estthat& of their value lo the ch8rily or the amount acluslly realised. Gffts in Kino forsa16 ordislribulion are induled In tho accounts only when sald or di$lribuled by lh8 f*arily. Gitts In Kind for use by the ch8rily are included In the SOFA 0$ incominll resourcesvthen recelvable. Don&tedServices and F•clllll8S These are only Included In incDming resou$ Iwrth an equiv81enl amounl In r8source5 expendedl the benefrt lo the charity is reasonabty qnIable, rneasur8ble and material. The value pla upon these resou5 is Ihe eslimaled value lo the chadty ofthe Sem orfaality rettived. VolunteerHelp The value of 8ny volunlary help reGpld k not included In tha accounls bui 16 de5Cbed ui the Truslee5' Annual Report. Investment Income This is incbded in th6 accounts when recèlvable. Investm•nt Galn$ and Los$es This inc]udes any sain or Ioss on Ihe safa of inSIM8n1& any gain or loss le5tIng trom rovaluing investments lo market value al the end of the year. Llabillty Recognltion Liabllities are reCOgned 8$ soon a5 there 1$ a leg81 or consltuctlve oblvjalion cornm1ng the tharily lo pay OLrt re5(yJrces Govèm8n¢e Costs These include costs of proparatlon and examinalon of staiutory accounts, the cost of t Irustse$' meeting5 cost of any 18931 adce lo Ihè Iru$tse5 ort governancé orconslilutional matters.
FULL GOSPEL HALL- EAST HAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2022 1 ACCOUNTING POUCIES (Contlnuodl Expenditure and Liabilities Grants wlth performance condftlons Where a charity gives a grant with conditions for ils payment being a specific level of service or output to be provided. Such grants are only recognized in the SOFA once the recipient has provided the specific servi¢9 or output. Grantspayable wlthoutperforman¢8 condltlons These are only recognized in the accounts when a commitment has been made and there are no conditions lo be mel rèlating to a grant which remsin in control of the charity. Support Costs Support Costs include central functions and have been allocated to activity cost categories on a basis consistent with the use ol the resources. E.g. allocating propety costs by floor areas, or per capital. Staff costs by the lime spent and other costs by their usage. Assets Tangible fixed assets for use by the charity are capilalized if they can be used for more than one year, and co81 al least £500. They are valued al cost or if gifted al thè value lo the charity on receipt. Investments Investments quoted on a recognized stock exchange are valued at market value al the year end. Other investment assets are included al trustee's be51 estimate of market value. There has been no change lo the accounting policies Ivalualion rules and melh¢xl of accounting) 2. TANGIBLE FIXED ASSETS Depreciation is calculated al a rate lo write off the cost of tangible assets on a reducing balan method over their useful lives. The rates applied per annum are as follows Property ov. Furniture 10Y¢ Equlpmenl 25% Schedule of Flxed Assets Cost Property Furniture Equipment Tot Balance blf Additions Di5posaL 1-Jan-22 590.000 (M) 28.976.00 45.501.36 S.682.39 664.477.36 5.6B2.39 Item lU[ned for credit Cost4t 31.0gc-22 590,000.00 28.976.00 51.183.75 670,159.75 DepTeclatlon 0lJan-22 23,267.75 570 83 23,838.58 37.257.42 3.48158 40,739.00 60,525.17 4,052.41 64,577.5B Charge farthe year Balance CIF 314kc-22 Not Book V•lu8 as at 31leG.22 190.000.00 137A3 10,444.75 605.582.17 Net Book Valu8 as at 31.Dèc-21 590,000.00 6.70B.25 13,926.33 609,634.5t
FULL GOSPEL HALL- EAST HAM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2022 unrestred Desgnated Funds Restricted Fund5 Totsl 2022 Totsl 2021 NDte5 Furn1s INCOMING RESOLIRCES Voluntary Incomo 3a 66,371 66.371 52,166 Activilp$ for Generaliw Funds 3b 18,725 18.725 3,840 Investrnenl Income Reffipt5 3,264 1,591 Other lo¢ome Resources 3d 5.052 5.052 1,006 TOTAL INCOME RESOURCES 93A12 93,411 58,603 RESOURCES EXPENDED Gost of Charitable A¢tlvities 263,022 1.402 264,425 10Q,802 Governan Costs 4b 15,467 15.467 9.445 TOTAL RESOURCES EXPENDED 278.489 1,402 279.891 110.247 NET INCOMING IOUTGOIIIGI RESOURCE 186,077 1.402 186.479 51,644 Total Funds Brought Foard Prior year adjuslrnenl Transfer of Funds 1,394.358 90.g52 3,716 1.489.026 1.535,638 5,032 TOTAL FUNDS CARRIED FORWARD 1,209,281 90.952 2,314 1,302,547 1,469,026 Movements on all reseNe$ and all recognized gains and losses are shown above. All of the organization's operations are classed 25 continuin9. The not85 on pages 6 to 12 forms part of these finan8] statemanls.
FULL GOSPEL HALL- EAST HAM NOTES TO THE FINANCIAL STATEMENTS {continu&dl FOR THE YEAR ENDED 31st DECEMBER 2022 4. RESOURCES EXPENDED un$t¢t£d Funds D8svJn818d Fund$ R8slrict8d Fund8 Total 2022 Total 2021 Nole$ al Co$ts of Charltable Activit5 AOG Benevdent Fund AOG Subscrlpllon Book Fund Catering Costs Church Building Church Hotsslng Church OrganKIn$ Cleaners salae$ Gross Cleaning and Hygiene expenses Equipment Purchases <500 Flowers Fumitu Junior Churth Litsraturel Oulrea¢h Ministry Misc£llaneou$ Missions National Insuran Contributions FGH NEST Pension Fund Contibulions FGH Olhor Funds Pastors Expen P&5tor's Salary Music41 Expen$&s Postage Stationery Social & Etluc811oThal Telephone 1,949 1.949 1.764 I,5 98,482 95,995 1,965 98.482 95.995 1,313 9.766 892 26,302 31,683 2,673 11.069 371 1,313 9,766 892 115 115 2tK) <500 130 170 3.305 5,470 130 170 3,305 8.470 3,520 711 500 699 421 699 421 540 231 sd 10 10 988 Gross 39 285 285 5b 2.038 6,013 700 13.47S 7,220 8,988 263,022 2,038 6.013 700 13,475 7.220 8.988 284,425 1,e32 IGas, Water, EkctrKityl Visitation Youth Paslorfs Salary Gross IrrecDverable loans from memte Church Admlnistiatovs Cost 1.459 12,740 1.875 100,802 1,402 bl GOv•Man Costs Accounts Ex8mination 8ookkeepiry Fees AOG Fees- Gift Atd Submission AQG HE Adminislralnia charges accruad Tralning Copyright License Inl?Inet Depreciatio Insurance Costs Health & Safety and Saleguarding Counul Tax Repairs and Malntenace Bank Charge5 Sofiware support 1.200 1,200 800 3268 187 2TI 415 415 665 183 381 620 4.052 1,571 480 3,872 1.715 61 421 620 4.052 1,571 480 3,872 1.715 61 421 2,639 1476 159 7S
15,467 15,467 15,467 TOTAL COSTS: 278,489 1,402 279,891 116,269 10
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31st DECEMBER 2022 5. RESTRICTED FUNDS Balance at 01-Jan-22 Income Expenditu al Mlsslon Funds LoRe Italy Chrtsllan SolK1arlty Missi8 & Mi55ionary Soc*Ue bl Social & Edu¢atlonal CAM Baby Food Jamaica Shipping Dornlnica Shipping Returned Cheques Other Beneficiarie5 cl Church Organlzatlons 611 1,313 dl Other Funds Bequest from Mlss D. EldrKl9È's estate VeThtiktitsn Fan$ E Adams Beque$t G. Whitehorne 88quest Other Funds 640 399 500 300 1,(h)6 2,845 el Book Fund 360 90 TOTAL 3,716 1,402 Re5tiicted funds are to be expended as spe¢thed above. The restrfcted fvnds afe wholly represented by Ihe cash reseffts of t charliy 6 DESIGNATED FUNDS Property Fund 90,952 90,952
Ba12ne8 at 31-Dec-22 Translers 511 840 399 500 3QO 1,006 2,845 270 2,314 90,952 90.952
FULL GOSPEL HALL- EAST HAM NOTES TO THE FINANCIAL STATEMENTS {contlnued FOR THE YEAR ENDED 31st DECEMBER 2022 7. CASH AT BANK AND IN HAND 314)ec.22 31.Dec.2t Current Account HSBC 12.627 342.910 4,278 237,372 93,056 359 3.714 532.404 1.940 236,002 92.837 359 Deposit A¢wunt Propety Account 12 Month Tieasury Deposit Account Cash In Hand HSBC HSBC Kingdom Bank 5001-01158-X Saffron 8uildlng So¢iely £5188331 General Fund Tuesday Fellowship Ladies, Ministries 260 (was Women's Fellowship) 251 251 691,11S 867.767 8a. CREDITORS.. Af4lOUNTS FALLING DUEWITHIN ONE YEAR Accountancy Fee AOG HQ Admini$lralive charges Acuued AOG Subscription 1.200 102 1,949 3.250 eoo 931 eb. DE8TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Short lem loans OThIng Repayment Loan taken CIosln9 2022 ÈN GG Reis 800 800 BN NL DO su ELA PFL Wrilton Off 1,450 I,(K)o 200 1,250 1,000 1.250 1,000 30 7.220 4,170 4.170 7.220 7.450 7.450 ZOZ2 1,338 1,698 2021 Kingdom Bank Investment inix)me accrued as al 31sl Dember GA Tax Refund- HMRC as al 31st December 986 4,619 3,036 5,805 9. PARTTIME EMPLOYEES Youth Pa5toV5 gross Salary Cle8ners' gros5 $Jry Church admini51ratcr 13,475 9.757 8.988 32.220 12.740 11.069 1.87S 25.684 Èmploy885 who were engaged in the each offollowing a¢tivit*$.' A¢tivlll&s In furthera of Ihe orgÈni28tions objectives.. The charily operate5 a PAYE 5¢heme to pay all empkiyod Tnemljers ol staff and no employeos received ernolwnenls of over£50,OOD.12019.. None)
FULL GOSPEL HALL - EAST HAM NOTES TO THE FINANCIAL STATEMENTS (contlnuedl FOR THE YEAR ENDED 31st DECEMBER 2022 10. TRUSTEES AND OTHER RELITED PARTIES No payments were made to Trustées or any persons conne¢ted th them during this ffinancial period. No rnalerial Iransadion look place beLv8en the oiganixalion and a Trustee or any person connècted with th8m. 11 RESERVES POLICY The Trustees have considered the lavol of reserves they wsh to ielain. appropri8te lo the char"ty's ne8ds. Thjs is based on the ¢hariiVs si2e and the Èvel of Commitments held. The Trustees aim to ensure the tharity will be able lo continue to fulfil their charitable objeclwes even if therÈ 1$ a teTnpor•ry shortfall in income. Th8 Trustees 1] endeavour not to'$tt' on funds unnecessarity. 13