CLIENT: CHURCH OF GOD SEVENTH DAY WEST HENDON LIMITED ACCOUNTS FOR THE YEAR 2024 COLINSON AND COMPANY LTD Aceountants and Tax Consultants Regent 88, Unit 3 210 Church Road Leyton London, E10 7JQ Tel: 0208 127 1180 Email: colinsonandco@gmail.com
CIIURCH OF COD WEST HENDON LIMITED FINANCIAL STATEMENT FOR THE YEAR ENDED JI JULY 2024 SEVENTH DA CONTENTS PAGES I. CHARITY FORmATIoN 2. ACCOUNTANTSY REPORT 3. REPORT OF THE TRUSTEES 4. BALAIYC"E SHf.ET 5. INCOME AND EXPENDITURE ACCOUNT 6. NOTES TO THE ACCOUNTS
CHURCH OF GOD SEVENTH DA WEST HENDON LIMITED CIL4RITY IIYFORMATJON FOR THE YEAR ENDED 31 JULY 2024 CHARITY NUMBEI 1068510 03400416 wo. NAME: HARLESDIN COG7 HARI.ESDEN CHURCH OF GOD (7 DAY) 84A COOMBE ROAD CROYDON SURREY CRO 5RA 'rFI RFGISTEIU, D OFFICE: ANKE ROYAL DANK OF SCOTLAND HARROW, HAI 2x7, ACCOUNfANTS; Ci)linqnn and Coinpany Lld ALcouiitaiils & Tax Cnnsultants 21 O Church RnpAd. Room 113 Regent 88 Office$ Leyton, Londoii B107JQ Page I
ACCOUNTANTSY REPORT TO THE TRUSTEES OF CHURCH OF COD SEVENTH DA WEST HENDON LIMITED FOR THE YEAR ENDED 31 JULY 2024 We have examined the finanGial 5t(tt¢ments on page$ 5 to 9 which have been prepared under the accoiinting policies set out on page 4 for the year cnd¢d 31 July 2024. Res ¢ctive res nslbllltftes of Trustees and Examiner The Trustees are responsible for the preparation of accounts, and they consider that am auilit is not required for this ycar (under seclion 43(2) of the Charilies Act 1993 (thc 1993 Act) and that an independent examination is needed. It is our responsibility to examine the accounts (under section 43(3)(a) of the 1993 Act): to follow the procedures laid down in the Gen¢ral Dir¢ctions given by the Charity Con?missioners (under section 43(7)(b) of the 1993 Act): and to slate whether particular Inatters have come lo my attention. aqis of O inion We have carricd out the procedures we consider necessary to confirm by reference to the financial stalemenl's, that th¢ ¢ompany 15 ¢ntitlcd to deliver financial ststements and tliat lh¢ financial statcmcnts to be delivered are properly prepared. rh¢ swpe of work for the purpose of this report did not include examining or d¢alin8 Wlth cv¢nts after the date of our report on the full financial statements ini()n In our opinion: (R) The aLcnuntS are in agrL¢mL'nt with the accounting records kept by th¢ ¢ompany uiider S386 of the companies Act 2006. (b) Having regard only to, and on the b&8is Df, the information conlained in those accounting records.. . (i) The aL'Lounts have heen drawn lip in a manner consistent with the accounting r4uir¢ments Specified in S393 of the Act: and 'rhe company satisfied the conditions for ¢xemption from audit of the accounts for the period specified in S477 of the Act and did l)Ok at any tiin¢ witliiii tliat pci-iod, fall witliin any of categories companies not entitled to the exemption specified in S478 of thc Gompani¢s ALt 2000. COLINSON AND co[PANy LTD ACCOUNTANTS & TAX CONSULTANTS 210 CHURCH ROAD, ROOM 113 REGENT 88 OFFICE, LEYTON LONDON-EIO 7JQ Page 2
CHURCH OF GOD SEVENTH DA WEST HENDON LIMITED REPORT OF THE TRUSTLES FOR THE YEAR EI¥DED 31 JULY 2024 The Trustees present their report along with the financial statements of the charity for the year ended 31 July 2024 Thc finaiicial statcmcnts have been prepw'cd in aLcordanLe with the accounting policies set out on page 4 and Lvmply with the charity's trust deed and applicable below. Co stitution an The Church of God (Seventh Day) is constituted under a trust deed and is a registered charity nuinber 1068510. The objeLts of ih¢ charity are worshipping of God, spreading the word and preaching the Gospcl of Christ and the life after. To contribui¢ 10 the health and educational necds of the community. Counselling Single Parent. sick and vulncrable people. anlsation The trustees who have .served during the year and since the year end are set out below: . Mr. Ken Jolinson Mr A Adholla Mr R Sherwuod Miss A Duncanson Miss, M Doliglas Mib& L Campbell. Secretary Reserv Poli I'he charity policy on reserves aims at building up free reserves to the level needed to cover up to three iiionths operdting expenditiire by means of annual surpluses and supplcm¢nted by general-purpose appeals froin lime to time. Any surplus funds which are not likely to be needed to pay for activitie.q will be plaocd oil dcpoblt to earn intcrcst. ement I'he Trustees have examined the major stt-atcgic, business and operational risks which the charity face.4 and confirm that syslems have been established to enable regular reports to be produced so that the ne¢essary steps Lan be taken to lessen these i'isks. Page 3
CHURCFI OF GOD SEVENTH DA WEST HENDON LIMITED REPORT OF THE TRUSTEES CONTD. FOR THE YEAR ENDFD 31 JULY 2024 Trustees, re5 onsibilitics in r¢lation to the finallcial statements Law applicable to charities in England and Wales r¢quire5 the trustees to prepare financial statcments for each financial year, which gives a true and falr view of the charity's financial activities during the yeEtr and of its fInancial position at the end of the year. In preparing those financial stat¢m¢nts, the rrusiees are required to.. - Select suitable accounting polici¢s and then apply them consistently. Makc judgements and estimates that are reasonable and prudent" State whether applicable acoounting standards and .£taiements of recorTimended practice have becn follo)wLd subject to any departures disclosed and explained in the fjnancial stut¢m¢nis j and Prepare the financial stat¢m¢nts on thc going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are r¢sponsible for keeping accounting records which disclo8e with rea.80nable acLuracy at any time the finanL'ial position of the charity and enable thlm to cnsiire that the financial statements comply with the Charities Act 1993. '1'li¢y are also responsible for safeguar(ling the &%scts of ihL Lharily and hence for taking Te&8onable steps for tli¢ privLntion ld delcclion of fraud and other irregulwitlcS. Approved by the trustees and signed on their behalf by.. OL Page 4
CHURCH OF GOD SEVENTH DAY WEST HENDON LIMITED STATEMEiwf OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 UDre$trlcted Restrieted Endowmènf Fun Total Funds 2023 Incoming resources fix)in donors (2) 44.801 NIL 44,801 49,585 Other incoming resourees NIL NIL TOTAL INCOMING RE8OURCES RESOURCES EXPENDTr D Costs of generating funds Missionary and Charitable giving Activities directly relating to the work of the cknurch (3) (3a) 3,818 NIL NIL 3,818 2,771 {3b) 33,787 NIL Nll, 33,787 25,558 Church management and admini¢ (3c) NIL NIL 13,965 TOTAL RESOURCES EXPENDED NET INCOMING/(OUTGOING) RESOURCES GAINS AND LOSSES ON INVESTMENTS Pfége S
cItURCH OF COD SEVENTH DA WEST HENDON LIMITED BALANCE SHEET AS AT 31 JULY 2024 Unrestricted Flld$ Unrestricted Funds FIXED ASSETS Tangible Assets CURRENT ASSE. D¢btors/Plcdges/Prepayments Banldcash Balances 2024 2023 Notes 155,153 159.162 10,132 805 10,937 10,992 CURRENT LIABILITIES Creditors & Accruals 14,368 (1,360) (2,040) Toial Assets le35 current liabilitics 164,730 Creditors :Amount falling due after more than l year 171.490 Accumulated Funds BIF Add: Net movcment in funds 171,490 167,770 For the year ended 31 July 2024 the company was entitled to exemption under seclion S477 of tlie Companies Act 2006. No membcrs have i"¢quired the company to obtain An aiidit of its accounts foi. die year in question in accoi'dance with sectlon S477(2). Thc directors acknowledge their responsibility for; i) Fnsuring the company keeps accounting rerords which comply with section S3 86: and ii) Preparing accounts which give a trne and fair view of the stste of affairs of the COMp]Y at the end 0£ its profit and loss for the financial year in accordance with section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company. APPR()VEDBYTHEBnARD ofTRUSTEES ON............. ..... .. . ANDSIONLDONTHEIKBLHALF'BY...........................,.................................... Siled . The notos on pages 7 to 9 form part of these financial statements. Pagc 6
CHURCH OF GOD SEVENTH DA WEST HENDON LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2024 ACCOUNTINCF POLICIES The accounts are prepared under the historical cost convention with the exception of investments which are stated at market value. They comply with the requirements of Statemcnt of Recommended Practice 'Accounting Charities, ('SORP') and are in accordance with applicable a¢countin8 Standards. b. Geiicral aLcumulated fluids are unrestrictsd funds available to th¢ church for its general purposes and include funds designat¢d by the Church for a particu18r Purpose, the use 0£5u¥h dcsignated funds remains at the discretion of the Church's Trustecs. There is no Restricted Fund at the mornent, d. The goVerIL¢ee, management and administration expenses reported in note 3 relate to the whole of the Cliurch's activitics and a proportion of the86. charges are allocated tn cxp¢nditure headings un u basis consAstenL with the u.ge ot'thc rcsources. Investments are stated at market value. Tt is the Church's policy to keep valuations up to datc such that wheIL illv¢btmenis are sold there is no gain or loss arising to previous years. f. Tangible assets are ineliided at cost and depreciation is provided on a strai8ht line and rcduGing balanG¢ basis in order to write off the assels over th¢ir usethl lives. g. All expenditure is accounted for on an Accrual Basis. The deprecintion rates are as follows: oiriic Equipment Fixtures & fittings Motnr VLhicle 250/0 ReducÉng balance 250/0 Redu¥uig balance 25 % Reducing balance INCOMINC RESOURCE do}vent Total Funds 2023 General Offcrin8 Building Fund Tithes Sabbath School (Jill Ai(£q Children's Ministy Youth Ministy Oth¢rs TOI'AL INCOMING RESOURCES 2.289 tT. NIL NIL NIL 2,289 997 23,262 NIL 23,262 NIL NIL NIL Ntt. NIL 14,100 NIL 34,284 5,150 5,150 NIL NIL 4,704 NIL Page 7
CHURCH OF GOD SEVENTH DA WEST HENDON LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2024 2024 2023 S BANK ICASH BALANCES RBS-Current Account RBS-Reserve Account Metro BaDk Account 610 1,000 901 805 3.376 2024 2023 6 CREJ)ITORS AND ACCRUALS AILountancy and Book-keeping Other credilors 1360 2040 1,360 2,040 7 FUNDS Unrestri¢ted fund% comprise those funds which the trustees arc free to use in accordance with the charitable objectives. This is an incorporated charity, constituted by trust deed. It's principal objective is spreading the word and preaLhing the Gospel of Christ and thc life after life and to contribute to the h¢alth and educational needs of the Lommunity. It has unrestricted funds. It prepares its accounts in accordance with the Companies Act 2006 and SORP. Page 9