CLIENT: CHURCH OF GOD SEVENTH DA WEST HENDON LIMfTED ACCOUNTS FOR THE YEAR 2023 • COLTNSON AND COMPANY LTD Accountants and Tax Consultants Regent 88, Unit 3 210 Church Road Leyton London, E10 7JQ Tol: 0208 127 1180 Cmall: GollnsonandGo@gmail.Gom
CH CH OF GOD SEVENTH DA WEST HENDON LIMITED FINANCIAL STATKMEwr FOR THE YEAR ENDED 31 JULY 2023 CONTENTS PAGES I. CHARITY INFORMATION 2. ACCOUNTA[sI REPORT 3. REPORT OF THE TRUSTEES 34 4. BALANCE SHEET S. INCOME AND EXPENDfruRE ACCOUNT 6. NOTES TO THE AccouNrs
CHURCH OF GOD SEVENTH DA WEST HENDON LIMITED CHAIUTY INFORMATION FOR THE YEAR ENDED 31 JULY 2023 1068510 COMP 03400416 HARLESDEN COG7 HARLESDEN CHURCH OF GOD (71H DAY) 84A COOMBE ROAD CROYtK)N SURREY CRO 5RA ROYAL BANK OF SCOTLAND HARROW. HAI 2XZ ACCO Accountants & Tax Consultants 210 Church Roa¢ Room 113 Regent 88 Offic¢s Le0 London EIO 71Q Page I
AcCOUNTArs, REPORT TO THE TRUSTEES OF CHURCH OF COD SEVENTH DA WEST HENDON LIMITED FOR THE YEAR ENDED 31 JULY 2023 We bave exnined the financial statements on pag¢s 5 to 9 wbich have been pryarcd utLd¢r th¢ accounting Doliciaq set out on p28e 4 for the y¢ar eftthl 31 July 2023. nsibilithes of Trnstees and Examiner I'he TnL8tees are reSpotbIe for the preprntion of accouuts, and they nSIder that an audit is not required for this ycar (under scctioll 43(2) of the Charities Act 1993 (the 1993 Act) and that It is our reswnsibility to examine the accounts {undcr section 43{3Xa) of the 1993 Act). t(} follow the procedures laid do1 in tbe Gelleral Di[tiOnS given by the Charity Commissioners (under section 43(7)(b) of the 1993 Act). and to state whetber particular mattets have come to my attentAO Basis of O Inion We hav¢ carrled out the proc£dutes wc CO81der necusary to confirni by reference to the fu)aneiaI statements. that the company is entitled to deliver financial statements and that th¢ fiTwicial statements to be delivered are prorthy prepared. The scope of work for the purpose of this retx)rt did not include exan]ini or dealing with events after the date of our report on the fi1 financial statements io In OUT opinion: _ (a) The accounts are in agreement with the accounting records kq)t by the CoPanY under S386 of the companirA Act 2006. (b) Having regard only to, and on the basis 0£ the iDfortt]ion CA)lltain in those aCUnting re£ords: . (i) The accounts hav¢ been drawll up in 8 maEmer nSistent with the accounling requirements Specified iti S393 of the ACL. and (li) TI compgny 99ti.qfied the e4)nditions for exernption from audit of the accounts for the period spccified in S477 of the Acl alld did not. 2t Jny timo withity t1 P104 rdI 'thiD any vf Categories cotnF>ani¢s not entitled to th¢ exemption specifi&l in S478 of the compaDies Act 2(Kl6. COLINSON AND COMPANY LTD AccouKfAiYrs & TAX CONSULTANTS 210 CHURCH ROAD, ROOM 113 REGEtYT 88 OFFICE. LEYTON LON])ON_ EIO 7JQ DATE.. Pag¢ 2
HURCH OF GOD SEVENTH DA WEST HEIYDON LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023 The TrIt¢¢S prescnt th¢iT rqx)rt alon8 with Ihe fillanciai statements of the ¢lwity for the year ended 31 July 2023. The fitian¢ial stst¢m¢nts havc IK¢u pr¢pared in accordance wtth th¢ accoullting policies out on page 4 zad comply with the cbaTity's trust deed and applicable below. The Church of G(Kl (Seventh Day) is constituted under a InLSt decd and is a gIstered charity nutnber 1068510. The objects of the charity are worshipping of W spreading the word and preaching the Gospel of Christ and the life after. To contribute to the health and ethtiOnal needs of the community. COulling Single ParenL sick and vulnerable pPIe. The trustees who h&ve served during the year and since the year end aTe set out below: . Mr O. IC.Johnson Mr A Adholla Mr R Sherwood Mi55 A Duncanson Mtss M Dougl&g Miss E Camp11. Res¢rye8 P The charity tM)licy on reserves aims at building up free reserves to the level needed to cover up to three months operdting expe[lture by calls of annual sury)luses and suppleUtCd by general-purtK)se appeals from time to time. Any surplus fimds which are not likely to be needed to pay for activities will b¢ placed on deFM)Sit to Risk Mana cm¢nt The Trustees have examined the major strategic. busin¢ss and opcration21 risks which the charity faces and confm that systems have been establish to cnable regular re to k Pr{Uc¢d that the neccggary steps (xn be taken to lessen these Page 3
CHURCH OF GOD SEVENTH DA WEST HENDON LIMrrED REPORT OF THE TRUSTEES COIYTD. FOR THE YEAR ENDED 31 JULY 2023 Trust . In relation to the financial statemen Law applicable to charities in England a[ Wales requi the tnLgttts to prepar financial statements for each fuiancial Yr, Nvhich gives a true and fair view of the harity's fuwicial activities thing the year and of its financial wsition at the end of the ycar. In preparing thosc financial statement4 the InL8tees ate requir to: . Select suitable accounting p)li¢ies and then appty them ColstentlY. Stat¢ whether applicable lunting standards and stakmwits of recoMed prdctice have been followed subject to any departu disclosed and explained in the financial staten. a1 Prepa the finAncial State1 on the going concern b&8is unless it 15 inappropTAate to presume that the clwity will Continue in bsiness. The Ernsies 8Te rwonsible for keeping a¢)untIng records which di105¢ with reasonable accuracy at any titnc the fmancial E¥)sition of the cl)arity and enable them to ensure that the financial ststements comply with the Clwities Act 1993. They are also responsible for safeguarding the of the charity and hence for Éaking re&sonable steps for the preventioD and detection of £Eaud and other irregularities. Approved by the trust and sigoed on their i*half by: rage 4
HE Lliknl Inwming r&sour&s froTn donors (2) 49,585 NIL NIL 49.585 28,865 Oth¢r incoming rasourcts TOTAL INCOMtNC RESOURCL8 RESOURCES EXPENDED Costs of generating funds Mtssionary and Charitable giving Activittes directly relating to thc work of the church 13) (3a) NIL NIL 1771 3,423 (3b) 25,558 25,558 21656 (3c) 17.545 T17fAL R&SOURCES EXPENDED NE'f INCOMINGI(oirrGOING) RESOURCES GAINS AND LOSSES ON INVESTMENTS
Tangible Assets 159,162 154,621 DebtOrs/Pl8esr4)lYrneDts BaTrklCash Bal8n¢es iO.(W2 12.863 14J68 14,109 LIA Craitors & Accruals 040) 1960) 328 Toial Assets kss currnrt Iwbjlitias 171,490 167.770 Creditors Amount f1]8 due after more thfjn lyt•r AccumuI&I Funds BIF Net movanent in fimd5 167.770 180,632 For th¢ year endvj 31 July 2023 the company was artiilol k) exrytKM undff Sthin S477 of the Comp4nies A¢t 2006. No monb¢rs hav¢ ryuir¢d th¢ wmpmy fr) obtsin an audit of its &u)unts for the year in question in rdance with section S477(2). Th¢ di[x5 thOwge Ihcir r&sw)nsi7)ility for. ) Ensuring the company kccps accounting which MplY with S386" and li) Preparing LOUTrts which give a trLEe and fAir view of the stsie of affairs of the eompany &$ at the end of ts profit and k)ss for th¢ f]nancial year in aLYordancc with 393, and which Othlse wmpty with the rwuir¢ments of the Companies A(* relating to so far as applicabk to the cornpany. APPRnVED BY THE BOARD OF TRUSTEES ON ...... AND SIGNED ON THEIR BE Signed . The note5 on pa8es 7 to 9 frirm part of financial statemeD Pagt 6
WEST HENDON L OTES T FOR THE rrED The accounts ar¢ PT¢parcd under the historK¥I wst o)nventK)ll With the ¢xc£ption of inv&stmts which are stated at mark& val. They (x)mpty with the wutrettMts of Ststetwit of Recornm? Pr4ClI,AcunI1rtg Charl, CSORP? and ore in accordance with applthle accounting standards. b. General umted funds are unr¢4triet¢d fillNJs availabk to the church for its pur)SeS and iTrclude funds d¢51] by the Churrh for a particular purpose; the use of such designattyj funds remains atthe discrdion of the Church's Trvstses. ¢ The is no Rastri¢led Fund at the nM)ment d. The 8overnaTlC4 mai)abrnt and thinislTrtion expSeS r1 in notc 3 r¢kn¢ ts) th¢ whok of the Church'5 activifv and a proportion of these charyts are ajlocknl to *twdittJre headitiss on a basis coosistetrt wtlh the w¢ of the resour. Invoytments are stated at rnarket value. It is the Churth's tt) k4) valuations up kn dale suth that when inv&¥knmts are sold thC is no gafft or Ioss 8rising lo previous ye4rs. r. Tangible Sets are included at C05tand depreciation is providol on a stswght line atKI rvaucing balartc¢ basis in order to Ivrite off the &ssds ovtr their 8eful live5. g. All expelldire is lUngr for on an Acauaj B&%is. The depre¢i#tk)o rntrJ are follows: oirice F4uipment Fixtures & Flthngs Motor VehicIe 25Yo Re41ucing balance 25Yo RUcIng balanee 25% R¢ducing balanc¢ Gffleral Offering Buildin8 FUZHI rith¢s Sabbath sthl GiftAKIs Children's Ministry Youth Mxnisty Others TOTAL INcOlG RESOURCES NtL NIL NIL NIL NIL Nll. NIL W7 1,068 NIL NtL 34.284 NIL NIL NtL NIL NIL 34284 14.827 4.704 4.704 1870 9.600 ]LOO
UR OF NO AT ENDED 31 JULY 2023 FOR THE 3. RESOtIRCES EXPE[ED Missionary andcharilabkgiving.. 3b. Activities dwecdy reknpig to tk workoftk Church Church- running eXpseS 13.087 Church maintenaniz 2.681 Trdining. Conferences. & Meeting 815 Expenditure on Ministy's Mayxine & boo 661 Evangelism 3.193 NIL NIL NIL NIL NIL NIL NIL 13.087 2.681 815 11,050 3.684 1.195 1.146 3.114 NIL NIL 3,193 5.121 30 Church managemenlaTrlqdminutralion Administration Bank Chargas for year 17.425 NIL 17,425 120 15.549 TOTAL RESOURCES EXPENDED FTrEkoM At 01 August 2022 Add: Addition during Year Cost at 31st July 2023 175.527 26256 24.240 26.IXKI 252.023 BIF ChArge for the year C/F 26,550 22,452 22,41M) 26,IX)0 97,402 At31 Juty 2023 At31 Juty 2022
OD ENDED 23 2022 SBA ICA ANCES RBS-Current A(*fjunt RBs-Reset Account Metro Bank Account I,Ix)o 246 90) 475 3J76 .246 21YLI 202 AND AC Acwuntancy artd Book-keeping Other crojitors 2.040 960 the charitabk ObjYeS. This is incorporated chty. (xJnstituted by trt deed. IYS principal obiectsve is spreading thc word and pre4¢bin8 the Gosp¢l of Christ and the life after life and trj Cntr1 uts tt) the health and educational needs of the cDnmunty. Ith&s UnrtrI(oI funds. It prq) its ac(a)unts in a¢wrdance wilh the Conyani&s Act 21x16 and SORP.