Charity number: 1078528
Company number: 03785880
(England and Wales)
GOD IN ALL EVANGELICAL MINISTRIES
Report of the Directors and Unaudited Financial Statements
For the year ended 30 June 2023
GOD IN ALL EVANGELICAL MINISTRIES Contents Page For the year ended 30 June 2023
| Report of the Directors | 1 |
|---|---|
| Independent Examiner's Report to the Directors | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 8 |
| Detailed Statement of Financial Activities | 9 |
GOD IN ALL EVANGELICAL MINISTRIES Report of the Directors
For the year ended 30 June 2023
The Directors have pleasure in presenting their report and the financial statements for the charitable company for the year ended 30 June 2023. The Directors have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The directors have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity GOD IN ALL EVANGELICAL MINISTRIES Charity registration number 1078528 Company registration number 03785880 Principal address ST OLAVES CHURCH OF ENGLAND 1, WOODBERRY DOWN, MANOR HOUSE LONDON N4 2TW
Directors
The directors of the charitable company are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:
Rev Michael Adebisi Okunade Mr Oluwadare Joshua Balogun Independent examiner CHRIS ATKINS SERVICES ONE LIMITED OFFICE 310, ACCESS SELF STORAGE UNIT 1, MERIDIAN TRADING ESTATE 20, BUGBY'S WAY LONDON SE7 7SF
Approved by the Management Committee and signed on its behalf by
............................................................................. 08 March 2024 Rev Michael Adebisi Okunade
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GOD IN ALL EVANGELICAL MINISTRIES Independent Examiners Report to the Directors
For the year ended 30 June 2023
I report to the trustees on my examination of the accounts of the charitable company for the year ended 30 June 2023.
Responsibilities and basis of report
As the charity Directors are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
CHRIS ATKINS SERVICES ONE LIMITED OFFICE 310, ACCESS SELF STORAGE UNIT 1, MERIDIAN TRADING ESTATE 20, BUGBY'S WAY LONDON SE7 7SF
08 March 2024
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GOD IN ALL EVANGELICAL MINISTRIES
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 30 June 2023
| Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Charitable activities 3/4 Total Net expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 27,481 27,481 (27,782) (27,782) (301) (30,824) (31,125) |
2022 £ 20,918 |
|---|---|---|
| 20,918 | ||
| (36,270) | ||
| (36,270) | ||
| (15,352) (15,471) |
||
| (30,823) |
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03785880
Registered Number :
GOD IN ALL EVANGELICAL MINISTRIES Statement of Financial Position
As at 30 June 2023
| Notes Fixed assets Tangible assets 8 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 10 Net assets The funds of the charity Unrestricted income funds 11 Total funds |
£ 2023 1,211 1,211 893 893 (7,887) (6,994) (5,783) (25,342) (31,125) (31,125) (31,125) |
£ 2022 1,615 |
|---|---|---|
| 1,615 | ||
| 902 | ||
| 902 | ||
| (4,272) (3,370) |
||
| (1,755) | ||
| (29,068) | ||
| (30,823) | ||
| (30,823) | ||
| (30,823) |
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance
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with section 476,
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
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records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Rev Michael Adebisi Okunade Director
08 March 2024
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GOD IN ALL EVANGELICAL MINISTRIES Notes to the Financial Statements
For the year ended 30 June 2023
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
GOD IN ALL EVANGELICAL MINISTRIES meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer equipment 25% Reducing balance Fixtures and fittings 25% Reducing balance
2. Income from donations and legacies
| Unrestricted funds Donations received osts of charitable activities by fund type Unrestricted funds Evangelism osts of charitable activities by activity type Activities undertaken directly Evangelism |
2022 2023 £ £ 20,918 27,481 20,918 27,481 2022 2023 £ £ 36,270 27,782 2022 2023 £ £ 27,782 36,270 |
|---|---|
3. Costs of charitable activities by fund type
4. Costs of charitable activities by activity type
5 of 9
GOD IN ALL EVANGELICAL MINISTRIES Notes to the Financial Statements Continued
For the year ended 30 June 2023
5. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Depreciation of owned fixed assets | 404 | 539 |
6. Staff costs
Total staff costs for the year ended 30 June 2023 were:
| Salaries and wages Staff |
2023 £ 20,488 20,488 2023 1 1 |
2022 £ 20,555 |
|---|---|---|
| 20,555 | ||
| 2022 1 |
||
| 1 |
7. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
8. Tangible fixed assets
| Cost or valuation At 01 July 2022 At 30 June 2023 Depreciation At 01 July 2022 Charge for year At 30 June 2023 Net book values At 30 June 2023 At 30 June 2022 |
Fixtures and fittings £ 53,719 53,719 53,320 100 53,420 299 399 |
Computer equipment £ 17,355 17,355 16,139 304 16,443 912 1,216 |
Total £ 71,074 |
|---|---|---|---|
| 71,074 | |||
| 69,459 404 |
|||
| 69,863 | |||
| 1,211 | |||
| 1,615 |
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GOD IN ALL EVANGELICAL MINISTRIES Notes to the Financial Statements Continued
For the year ended 30 June 2023
9. Creditors: amounts falling due within one year
| Other creditors Accruals and deferred income Creditors: amounts falling due after more than one year Loans and overdrafts |
2023 £ 7,112 775 7,887 2023 £ 25,342 25,342 |
2022 £ 3,772 500 |
|---|---|---|
| 4,272 | ||
| 2022 £ 29,068 |
||
| 29,068 |
10. Creditors: amounts falling due after more than one year
11. Movement in funds
Unrestricted Funds
| General General Unrestricted Fund Unrestricted Funds - Previous year General General Unrestricted Fund |
Balance at 01/07/2022 £ (30,824) (30,824) Balance at 01/07/2021 £ (15,471) (15,471) |
Incoming resources £ 27,481 27,481 Incoming resources £ 20,918 20,918 |
Outgoing resources £ (27,782) (27,782) Outgoing resources £ (36,270) (36,270) |
Balance at 30/06/2023 £ (31,125) |
|---|---|---|---|---|
| (31,125) | ||||
| Balance at 30/06/2022 £ (30,823) |
||||
| (30,823) |
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GOD IN ALL EVANGELICAL MINISTRIES Notes to the Financial Statements Continued
For the year ended 30 June 2023
12. Analysis of net assets between funds
| Analysis of net assets between funds | |
|---|---|
| Unrestricted funds General General Unrestricted Fund Previous year Unrestricted funds General General Unrestricted Fund |
Tangible fixed assets Net current assets / (liabilities) Creditors > one year Net Assets £ £ £ £ 1,211 (6,994) (25,342) (31,125) |
| 1,211 (6,994) (25,342) (31,125) |
|
| Tangible fixed assets Net current assets / (liabilities) Creditors > one year Net Assets £ £ £ £ 1,615 (3,370) (29,068) (30,823) |
|
| 1,615 (3,370) (29,068) (30,823) |
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GOD IN ALL EVANGELICAL MINISTRIES Detailed Statement of Financial Activities
For the year ended 30 June 2023
| INCOME AND ENDOWMENT Donations and legacies Donations Total incoming resources EXPENDITURE Charitable activities Staff costs - wages & salaries Depreciation - owned assets Rent & Rates Donations to Charities Travel & Motor Expenses Telephone Evangelism & Mission Legal & Professional Fees Accountancy Welfare Honorarium Bank Charges Insurance Total resources expended Net Expenditure |
£ 2023 27,481 27,481 27,481 (20,488) (404) (4,250) (342) - (789) - (304) (500) - (350) (183) (172) (27,782) (27,782) (301) |
£ 2022 20,918 |
|---|---|---|
| 20,918 | ||
| 20,918 (20,555) (539) (10,200) (292) (265) (645) (100) (247) (500) (650) (400) (85) (1,792) |
||
| (36,270) | ||
| (36,270) | ||
| (15,352) |
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This page does not form part of the statutory financial statements