2022-12-31-accounts - Christ Foundation Church

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~ e			~ ~
Description ofthe charity's trusts
Type of governing	document	TRUST	DEED
How the charity is	constituted	TRUST	DEED

You may choose to include additional information, where	You may choose to include additional information, where	The Trustees have evaluated .all possible risk the church may be exposed to and have put in place measures to deal with them appropriately	The Trustees have evaluated .all possible risk the church may be exposed to and have put in place measures to deal with them appropriately
relevant, about:
~	policies and procedures
	adopted for the induction and'
	training oftrustees;
a	the charity's organisational
	structure and any wider
	network with which the charity
	works;
~	relationship with any related
	parties;
~	trustees' consideration of
	major risks and the system
	and procedures to manage
	them.

		Organises	church and worship services for	church and worship services for	the community
		Bible studies and teachings		in relation tosocial life
		Donations	in cash and kind	tothose in need
		Organised	Prayer meetings	for intercession	forthe nation, individuals	and
		personal	petition to God.
		Teaching	services ofthe doctnne ofChrist and towards academic
		exceHence
Summary ofthe main activities
undertaken	forthe public
benefit in relation tothese
objects (include within this
section the	statutory
declaration	that trustees have
had regard	tothe guidance
issued by the Charity
Commission	on public bene5t)

~ policy on grantmaking;	~ policy on grantmaking;	~ policy on grantmaking;
~ policy programme related
investment;
~ contribution	made by
volunteers.
				L	~ ~ ~
Summary ofthe main achievements ofthe charity during the year				The church successfully managed to organise its worship services as well as the teaching service. The teaching service has brought tremendous increase in the knowledge and the level offaith in the Lord Jesus Christ.
				The church policy on	reserves isto ensure that that it always has enouc
Briefstatement		ofthe		resources to pay its fixed overheads		and rental cost forat least three
charity's policy		on reserves		months should there	be any occurrence which will prevent the member.
				ofthe church donating	or contributing		financial towards the activities of
				the church. In this regards the church			is has set a minimum amount of
				R3000000to be in liquid funds in its		account at all times.
Details ofany	funds materially		.
in deficit

~		~
					Unrestricte	Restricted			Endowmen
	Categories		Details		d funds	funds			tfunds
					to nearestK	to mmrestK			to nearest
B1Cash	funds		Current	Accounts	115878.17
			Building	Fund	106,885
			Other accounts
				Total cash funds	223,511
			(agree balances with
			receipts and payments
					Unrestricte	Restricted			Endowmen
			Details		rl f~nnAc	hanrle			tfssnde
B2Other	monetary assets
					Fund to w'hich asset		Cost		Current value
			Details		belongs				(optional)
83Investment		assegs
			Details		Fund to w'hich asset belongs	{	Cost t.	I)	Current vaiue (optional)
B4Assets retained for the
charity's	own use		Musical	Equipments	Unrestricted		15,000
			Vehicle		Unrestricted
					Fund to	Amount			When due
					which		due		(optional)
					liability	(optional)
			Details		relates
85Liabilities
Signed by one ortwo trustees on behalf ofall the trustees				Signature	Print	Name			Date of a roval
					Jo ceWiredu Owusu				15/10/2023