(GQOOAQ N]AfftV@sir OOJTfftt£AcN . ((GtknatrDfky tH]o. f100050V ## Content ## Charity Information ## Trustee Report Balance Sheet Income & Expenditure Statement Independent Examiner’s Report ## Notes to Financial Statements Accounting Policies & Notes to the Accounts …Behold I come quickly…Rev. 22:12 Page 2 ## **Charity Information** Global Harvest Outreach (GHO) and Christ Harvest Centre (CHC) is a Christian based charity organisation. The GHO (Ministry Arm) is run by the Trustees while the CHC (church Arm) has been put under the apostolic oversight of the ELIM Pentecostal Churches (EPC) UK. The local church (CHC) is run by the Pastors, group of Elders and Departmental leaders under the constitution of the EPC, while GHO is run by the Trustees via the Trust document. Charity Registration Number: 1088581 Postal Address: C/O 17 High Road Wormley, Broxbourne London EN10 6HT Worship Centre: CHC - The Royal Store House 258 Langham Road South Tottenham (Opposite Turnpike Lane Tube Station) London N15 3HT Current Serving Trustees: Kenny O. Victor Macarthy MBA ACA FCCA (Lead Minister) Bolanle Macarthy BA PGCE MA Remi Alabi BA LLB BL (Chair) Dr Dag Lawale - (Canada) Francesca Smidile BA Yemisi Abrahams LLB BL - (Canada) Board of Elders: Pastor Wale Grillo (Pastoral Care) Elder Joshua Onozutu (EOM) Elder T Ogunsan (CMS) Rev. Cyril Okere (Chair) Elder Patricia Balogun …Behold I come quickly…Rev. 22:12 Page 3 Hon. (Mrs) F.T. Akinwale Key Departmental Heads. Moriayo Ogunsan (Children & Special Projects) Tai-Tai Oronsaye (Youth) Weruche Opia (Executive Assistant & Special Projects) Helen Ogbemudia (Counselling & Safeguarding) Marjorie Clark (Evangelism & Outreaches) Enitan Modupe (Church Management Services) Legal Advisor/ Secretary to the Trust: Mr. A. O. Modupe BA LLB BL Trustee Accountant: Nina Deugoue Leonce FCCA Bankers: HSBC Plc Edmonton Green Branch Edmonton London N9 **INDEPENDENT EXAMINER** AE Accountax Ltd (Office Address) 5[th] Floor Kingsgate House 62 High St, Redhill RH1 1SH 100 Spencer Way (Registered Office Address) Redhill RH1 5DQ Other working Names/Ministries: _Hearts for Nations (HfN); Elders Forum (EF) & The Harvest Army (THA)_ …Behold I come quickly…Rev. 22:12 Page 4 ## _Trustees’ Report_ ## **Main Objectives of the Charity** 1. THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE TEACHINGS OF THE BIBLE 2. THE ADVICE AND RELIEF OF THE POOR, AGED, SICK AND THOSE IN CONDITIONS OF HARDSHIP OR DISTRESS; AND 3. SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE. 4. COMMUNITY WORK – Targeting youths and vulnerable families. 5. Harvest School of Ministry (HSoM) – Training for the Christian Ministry 6. INTERNATIONAL MISSION WORK – Revivals, Outreaches, Medical Missions, Training & Empowerment, Partnering and Networking ## **Development During the year 2020** - The year 2020 was a challenging year for all due to the COVID-19 pandemic – Church services were disrupted and the centre shut down. The Ministry was still able to continue as best as possible via the use of online presence through the Zoo Facebook and You Tube. The online communication increased attendance to services by about 10%. During the year 2020 we carried out the following activities (through online presence) in line with our charity objectives: - ➢ Local Evangelism. Ongoing quarterly ‘Harvest Gathering conferences’ continues. The Apostolic & Prophetic Declarations in July and December - ➢ Local & County Outreaches: The R2RPraiseinthePark was cancelled due to the pandemic lockdown – but a day of Praise was done - ➢ International Missions & Outreaches: The Lead minister travelled once before the pandemic started (February 2020) on invitation of churches and Ministries in Africa to speak at conferences, train leaders and carry out outreach and empowerment programmes. Training was carried out in Lagos and Ogun states of Nigeria. - We continue to give full financial sponsorship for three people in their quest to be educated (Two in universities and one in secondary). We also continue to support extremely vulnerable families with feeding and health related costs from time to time. During the Pandeic lockdown we sent palliatives to vulnerable families in Africa. - ➢ The Pavilion: The counselling centre remains operational to the community (mostly online via Zoon)- carrying out free professional counselling service for people within the community. An average of about 180 hours of counselling was carried out by the professional counsellors and minister. …Behold I come quickly…Rev. 22:12 Page 5 - ➢ Spiritual advice and Prayer sessions: Local pastors and Elders carries out one-to-one and group prayer and advisory sessions for church members and people within our community especially those with addictions, and those with emotional problems. This reflecting in the increase workload of our professional counselling unit. The pavilion is now fully functioning and established. The centre is open by appointments every Wednesday and Friday for people who need some counselling and support. - ➢ Advocacy and Referrals: The local church (CHC) continues to be a one-stop shop for people within the community needing advice on issues ranging from housing, immigration, employment, consumer debt to welfare benefits. We signpost people to the right organisations after giving basic advice. – This has been liited to telephone communication due to the pandemic - ➢ The Church holds regular monthly pastoral care meetings for youth, women and men fellowship. Seminars and conferences were held by the church and ministries associated with the church and ministry. - ➢ Youth Ministry: We continue to strive in building a vibrant youth ministry – through the Sunday School programme, the Happiness club and the regular youth meetings. - ➢ Harvest Community Outreach Programme (HCOP) continues to develop - Community Initiatives and projects are being developed and ongoing, including THE ELDERS FORUM (Independent Family Mediation) and CHC YOUTH GROUP – targeting youth crime and raising achievements and standards among youths. - ➢ We continue to work and collaborate with other Christian organisations locally and internationally – to maximise Christian effectiveness. - ➢ Conducted seminars abroad and seeking to extend this apostolic role even further in 2021. Continue to receive Invitations from other African and Asian countries for the Christian message, training and empowerment. We are currently conducting online Discipleship Training in Pakistan - ➢ Four Executive Ministers were appointed in 2020to continue to drive the day to day work of the ministry forward with the senior pastor and pastoral team. ## **The Future: Our Main Plans for the year 2021** e Once the pandemic and lock down is over the Ministry will continue to carry out its activities physically again but we hope to retain soe aspects of the online ministry including: Quarterly seasonal ‘Harvest Gathering’ outreaches and seminars now embedded in the operations of the Ministry – Summer, Autumn, Winter and Spring for evangelistic and Christian teaching purposes; - Pastoral Care: Work on developing other aspect of Pastoral Care Department especially youth and elderly care; - Community Ministries: We continue to work with and support other local charities and ministries. - Youth Ministry is a priority for the church and hence we will continue to increase investment into youth ministry to build on our performance on this area of ministry with continued emphasis on developing and sustaining our youth centre to get youth away from potential problem of crime, guns gangs and drugs; - Intensify our spiritual and physical interventions within our community by increasing prayer times for our community and providing relevant seminars and teachings through the year. - We will continue to explore other ways of breaking barriers between cultures and network with other Christian and Community groups - Develop a strong partnership and network group with international partners to foster unity and create opportunity to spread the gospel of Christ. …Behold I come quickly…Rev. 22:12 Page 6 - Increase our international apostolic presence in West Africa and wherever the door of Christian mission opens. We continue to support vulnerable young women to attain education – our contribution to educate the ‘Girl child’ agenda. Other Matters: - There are currently no restricted funds and none is being anticipated …Behold I come quickly…Rev. 22:12 Page 7 **Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church)** Annual accounts for the period **01/01/2020 To 31/12/2020** ## **Section A Statement of financial activities** |**Recommended categories by**
**activity**
**Incoming resources (Note 3)**
**Charitable activities**
Offering
Tithes
Seed
Other- R2R
Bank Interest
Gift Aid from HMRC
Other- Community Usage of Hall
Other- Donation
**_Total_**
**Resources expended (Note 6)**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05| |---|---|---|---|---|---| ||5,544|
-|-|5,544|
4,633| ||23,796|
-|-|23,796|
30,035| ||390|
-|-|390|-| ||-|-|-|-|-| ||3|
-|-|3|-| ||3,716|
-|-|3,716|
3,931| ||13,650|
-|-|13,650|
6,220| ||-|
-|
-|
-|-| ||47,099|
-|
-|
47,099|
44,819| ||||||| …Behold I come quickly…Rev. 22:12 Page 8 |**Expenditure on:**
EPFG (ELIM HQ)
Legal & Professional fees
Honorarium
Mission
Rates & Utilities
Rent & Rates
Repairs & Renewals
Telephone / Phone Cards & Internet
Church Reception & Entertainment
R2R Praise 18 / Convention
Printing, Stationery& Postage
Sundry Expenses
Transport & Travelling
Subscriptions
Charitable donations & Love Gifts
Advertising
Equipment Hire & Waste Disposal
Equipment Purchase|||||| |---|---|---|---|---|---| ||4,580|
-|-|4,580|
4,729| ||204|
-|-|204|
568| ||1,600|
-|-|1,600|
3,360| ||1,500|
-|-|1,500|
750| ||1,302|
-|-|1,302|
153| ||18,000|
-|-|18,000|
18,000| ||365|
-|-|365|-| ||1,533|
-|-|1,533|
2,901| ||245|
-|-|245|
62| |||-|-|-|545| ||903|
-|-|903|
1,803| |||-|-|-|323| ||221|
-|-|221|-| ||273|
-|-|273|
120| ||1,225|
-|-|1,225|
3,850| |||-|-|-|-| ||1,066|
-|-|1,066|
847| |||-|-|-|532| …Behold I come quickly…Rev. 22:12 Page 9 Depreciation Bank Charges Admin & Office costs Property Maintenance Laundry & Dry Cleaning Website Hosting Computer software HP Costs Training ## _**Total Resources Used**_ |208|
-|-|208|
609| |---|---|---|---|---| ||-|-|-|480| |245|
-|-|245|
37| |4,483|
-|-|4,483|
2,338| |200|
-|-|200|-| ||-|-|-|420| |208|
-|-|208|
150| ||-|-|-|-| |300|
-|-|300|
340| |38,661|
-|
-|
38,661|
42,919| ## _**Governance Cost**_ Independent Examination Insurance ## _**Total Governance Cost**_ ## _**Total**_ ## **Net income/(expenditure) before investment gains/(losses)** Net gains/(losses) on investments ## **Net income/(expenditure)** |485|
-|-|485|
375| |---|---|---|---|---| |2,475|-|
-|
2,475|2,378| |2,960|-|
-|
2,960|2,753| |||||| |41,621|
-|
-|
41,621|
45,672| |||||| |5,478|-|-|5,478|-
853| |-|-|-|-|-| |5,478|-|-|5,478|-
853| …Behold I come quickly…Rev. 22:12 Page 10 ## **Extraordinary items** ## **Transfers between funds** ## **Other recognised gains/(losses):** Gains and losses on revaluation of fixed assets for the charity’s own use Other gains/(losses) ## _**Net movement in funds**_ ## _**Reconciliation of funds:**_ Total funds brought forward ## _**Total funds carried forward**_ |-|-|-|-|-| |---|---|---|---|---| |-|-|-|-|-| |-|-|-|-|-| |---|---|---|---|---| |-|-|-|-|-| |5,478|
-|-|5,478|-
853| |||||| |-33,004|-|-|
-
33,004|-
32,152| |- 27,526|-|
-|
-
27,526|-
33,004| …Behold I come quickly…Rev. 22:12 Page 11 ## **Section B Balance sheet** |**Fixed assets**
**Intangible assets**
**Tangible assets (Note 6)**
**Heritage assets**
**Investments**
**_Total fixed assets_**
**Current assets**
**Stocks**
**Prepayments**
**Investments**
**Debtors**
**Cash at bank and in hand (Note 8 )**
**_Total current assets_**|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
F02
F03
F04
F04|**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
F02
F03
F04
F04|**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
F02
F03
F04
F04|**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
F02
F03
F04
F04| |---|---|---|---|---|---| |||-|-|-|-| ||209|-|-|209|417| |||-|-|-|-| |||-|-|-|-| ||209|-|
-|209|417| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||700||||| ||9,749|-|-|9,749|7,849| ||10,449|-|
-|10,449|7,849| …Behold I come quickly…Rev. 22:12 Page 12 **Creditors: amounts falling due within one year (Note 7)** **Accruals** _**Net current assets/(liabilities) Total assets less current liabilities**_ |11,737|-|-|11,737|14,737| |---|---|---|---|---| |689|-|-|689|775| |- 1,976|-|
-|-
1,976|-
7,663| |||||| |-1,767|-|**-**|-
1,767|-
7,246| ||-|-|-|-|| |---|---|---|---|---|---| ||-|-|-|-|| ||-|-|-|-|-|| |---|---|---|---|---|---|---| |**Creditors: amounts falling due**
**after one year**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds**
**Restricted income funds **
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**|-|-|-||-|| ||||||-|| ||-1,767|-|-||-
1,767|-
7,246| |||||||| ||-||||-|-| ||-|-|||-|-| ||-||-||-|-| ||- 1,767|- -|||-
1,767|| |||||||| ||- 1,767|-|
-||-
1,767|-
7,246| …Behold I come quickly…Rev. 22:12 Page 13 **----- Start of picture text -----**
Financial Standing, Performance Measures & Explanatory Statement:
These summary financial statements summarise the information in GHCO's annual accounts
for the year ended 31st December 2020.
As at 31st December 2020, the Income & Expenditure shows a positive balance of £5478 representing an excess of income over expenditure.
These accounts were approved by the Trustee of GHCO and signed on behalf of the Church.
Victor Kenny Macarthy Signature: VKMacarthy
Member Board of Trustee Date: 25 [th] October 2021
Pastor Wale Grillo Signature: WaleGrillo
Board of Elders Date: 25th October 2021
Elder Toyin Ogunsan Signature: ToyinOgunsan
Board of Elders Date: 25 [th] October 2021
**----- End of picture text -----**
…Behold I come quickly…Rev. 22:12 Page 14 ## **GLOBAL HARVEST OUTREACH & CHRIST HARVEST CENTRE…an ELIM PENTECOSTAL CHURCH INDEPENDENT EXAMINER’S REPORT TO THE** ## **BOARD OF DIRECTORS/TRUSTEES** ## **YEAR ENDED 31st December 2020** I report on the accounts of the Charity or the year ended 31st December 2019, which are set out on pages 8 to 14. ## **Respective responsibilities of trustees and examiner** The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: Examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of 2011 Act; and to prepare accounts which accord with the accounting records comply with the accounting requirements of 2011 Act and with the methods and principles of the Statement of Recommended Practice Accounting and Reporting by Charities have not been met; or - (2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. Signed: Date: 26[th] October 2021 Bim Ewetade BA (HONS) Accounting & Finance, AFA MIPA/AFTA Incorporated Financial Accountant AE Accountax Ltd 100 Spencer Way Redhill, Surrey. RH1 5DQ …Behold I come quickly…Rev. 22:12 Page 15 |**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**| |---|---|---|---| |**Note 2 Accounting policies**
**2.1 INCOME**|
Yes No
N/a
✓

||| |_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where_
_a different or additional policy has been adopted then this is detailed in the box below._|||| |**Recognition of**
**income**
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
**Grants and**
**donations**
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to
the grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets
in the estate and any conditions attached to the legacy are either within the control of
the charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on**
**donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that|||| |||
|| ||Yes No
N/a||| ||✓


YesNo
N/a

✓
Yes No
N/a

✓
Yes No
N/a

✓
Yes No
N/a

✓
YesNo
N/a|
|| …Behold I come quickly…Rev. 22:12 Page 16 gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. **Contractual income** This is only included in the SoFA once the charity has provided the related goods or **and performance** services or met the performance related conditions. **related grants** Donated goods are measured at fair value (the amount for which the asset could be **Donated goods** exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. **Donated services** Donated services and facilities are included in the SOFA when received at the value of **and facilities** the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. **Support costs** The charity has incurred expenditure on support costs. |✓
Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes
|
|| |---|---|---| ||No|N/a| |||✓| ||No|N/a| |||✓| ||No|N/a| |||✓| ||No|N/a| |||✓| ||No|N/a| |||✓| ||No|N/a| |||✓| ||No|N/a| |||✓| ||No|N/a| |||✓| ||No|N/a| |||✓| …Behold I come quickly…Rev. 22:12 Page 17 |**Volunteer help**
The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
**Income from**
**interest, royalties**
**and dividends**
This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.
**Income from**
**membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**Settlement of**
**insurance claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
**Investment gains**
**and losses**
This includes any realised or unrealised gains or losses on the sale of investments
and any gain or loss resulting from revaluing investments to market value at the end of
the year.
**2.2 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
**Governance and**
**support costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property
costs by floor areas, or per capita, staff costs by the time spent and other costs by
their usage.
**Grants with**
**performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once
the recipient of the grant has provided the specified service or output.|Yes
✓
Yes

Yes

Yes

Yes

Yes

Yes
✓
Yes
✓
Yes
✓
Yes
|No|N/a| |---|---|---|---| |||
|| |||No|N/a| ||||✓| |||No|N/a| ||||✓| |||No|N/a| ||||✓| |||No|N/a| ||||✓| |||No|N/a| ||||✓| |||No|N/a| |||
|| |||No|N/a| |||
|| |||No|N/a| |||
|✓| |||No|N/a| ||||✓| …Behold I come quickly…Rev. 22:12 Page 18 |**Grants payable**
**without**
**performance**
**conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Provisions for**
**liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs
11.17 to 11.19, FRS102 SORP.
**2.3 ASSETS**
**Tangible fixed**
**assets for use by**
**charity**
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 6.2.
**Intangible fixed**
**assets**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through
custody or legal rights. The amortisation rates and methods used are disclosed in
note 9.5
They are valued at cost.
**Heritage assets**||YesNo
N/a

✓
YesNo
N/a
✓


YesNo
N/a
✓


YesNo
N/a
✓


Yes No
N/a

✓
Yes No
N/a

✓
Yes No
N/a
✓


YesNo
N/a

✓
Yes No
N/a

✓
YesNo
N/a| |---|---|---| ||500|| |||| …Behold I come quickly…Rev. 22:12 Page 19 |The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The
depreciation rates and methods used as disclosed in note 9.6.1.4.
They are valued at cost.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot
be measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
**Stocks and work in**
**progress**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable
value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.
**Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity.
Subsequently, they are measured at the cash or other consideration expected to be
received.
**Current asset**
**investments**
The charity has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit and
cash equivalents with a maturity date of less than one year held for investment purposes
rather than to meet short term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.|
✓
YesNo
N/a

✓
Yes No
N/a

✓
Yes No
N/a

✓|✓|| |---|---|---|---| ||||✓| ||Yes No
N/a||| ||||✓| ||Yes No
N/a||| ||||✓| ||Yes No
N/a||| ||||✓| ||Yes No
N/a||| ||✓|
|| ||Yes No
N/a||| ||
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N/a

✓|✓|| …Behold I come quickly…Rev. 22:12 Page 20 |**POLICIES**
**ADOPTED**
**ADDITIONAL TO**
**OR DIFFERENT**
**FROM THOSE**
**ABOVE**|**Accounting policies**
**T**he principal accounting policies adopted in the preparation of the financial statements are set out
and have remained unchanged from the previous year, and also have been consistently applied
within the same accounts.
**Basis of preparation**
The accounts have been prepared under the historical cost convention. Tangible fixed assets and
depreciation
**Tangible assets are included at cost less depreciation.**
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives:
**Other Plant & Machinery -**25% of cost
**Fixtures & fittings -**25% of cost
**Presentation currency**
The accounts are presented in £ sterling.| |---|---| …Behold I come quickly…Rev. 22:12 Page 21 **Section C Notes to the accounts (cont)** |**Section C Notes to the accounts(cont)**|**Section C Notes to the accounts(cont)**|**Section C Notes to the accounts(cont)**|**Section C Notes to the accounts(cont)**|**Section C Notes to the accounts(cont)**|**Section C Notes to the accounts(cont)**|**Section C Notes to the accounts(cont)**|**Section C Notes to the accounts(cont)**| |---|---|---|---|---|---|---|---| |**Note 3 Analysis of income**
**Analysis**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**£**
**£**
**Donations**
**and**
**legacies:**
Donations andgifts
- - - - -
Gift Aid
3,716- -
3,716
3,931
Legacies
- - - - -
General grants provided by
government/other charities
- - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - - -
Donatedgoods,facilities and services
- - - - -
Other
- - - - -
**Total**3,716 - -
3,716
3,931
**Charitable**
**activities:**
Use of Community Hall
13,650- -
13,650
6,220
Tithes, Offerings,Seed & pledges
29,730- -
29,730
34,668
- - - - -
Other: R2R etc
0
- - - -
**Total**43,380 - -
43,380
40,888
**Other**
**trading**
**activities:**
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**
- - -
-
-|||||||| ||**Note 3**
**Donations**
**and**
**legacies:**
**Charitable**
**activities:**
**Other**
**trading**
**activities:**|**Analysis of income**
**Analysis**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**£**
**£**||||| |||Donations andgifts|-|-|-|-|-| |||Gift Aid|3,716|-|-|3,716|3,931| |||Legacies|-|-|-|-|-| |||General grants provided by
government/other charities|-|-|-|-|-| |||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|-| |||Donatedgoods,facilities and services|-|-|-|-|-| |||Other|-|-|-|-|-| |||**Total**|3,716|-|-|3,716|3,931| ||||||||| |||Use of Community Hall|13,650|-|-|13,650|6,220| |||Tithes, Offerings,Seed & pledges|29,730|-|-|29,730|34,668| ||||-|-|-|-|-| |||Other: R2R etc|0|-|-|-|-| |||**Total**|43,380|-|-|43,380|40,888| ||||||||| ||||-|-|-|-|-| ||||-|-|-|-|-| ||||-|-|-|-|-| |||Other|-|-|-|-|-| |||**Total**|-|-|-|-|-| ||||||||| …Behold I come quickly…Rev. 22:12 Page 22 |**Income from**
**investments:**
Interest income
Dividend income
Rental and leasingincome
Other
**Total**
**Separate**
**material item**
**of income:**
**Total**
**Other:**
Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset
held for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
property rights
Other
**Total**
**TOTAL INCOME**|Interest income|3|-|-|3|-| |---|---|---|---|---|---|---| ||Dividend income|-|-|-|-|-| ||Rental and leasingincome||-|-||-| ||Other|-|-|-|-|-| ||**Total**|3|-|-|3|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Conversion of endowment funds into income|-|-|-|-|-| ||Gain on disposal of a tangible fixed asset
held for charity's own use|-|-|-|-|-| ||Gain on disposal of a programme related
investment|-|-|-|-|-| ||Royalties from the exploitation of intellectual
property rights|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||47,099|-|-|47,099|44,819| …Behold I come quickly…Rev. 22:12 Page 23 ## **Section C Notes to the accounts (cont) Note 5 Details of certain items of expenditure** ## **5.1 Fees for examination of the accounts** |**Section C Notes to the accounts**
**(cont)**
**Note 5 Details of certain items of expenditure**
**5.1 Fees for examination of the accounts**|**Section C Notes to the accounts**
**(cont)**
**Note 5 Details of certain items of expenditure**
**5.1 Fees for examination of the accounts**|**Section C Notes to the accounts**
**(cont)**
**Note 5 Details of certain items of expenditure**
**5.1 Fees for examination of the accounts**| |---|---|---| |**_Please provide details of the amount paid for any statutory external scrutiny_**
**_of accounts and other services provided by your independent examiner. If_**
**_nothing was paid please enter '0' in the appropriate box(es)._**
**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**£**|**Last year**
**£**| |||485| |||| |||| |||| |**Other fees (for example: financial advice, consultancy, accountancy services)**
**paid to the independent examiner **||204| …Behold I come quickly…Rev. 22:12 24 **Section C Notes to the accounts (cont)** ## **Note 6 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ ## **6.1 Cost or valuation** |At the beginning of
the year
Additions
Revaluations
Disposals
Transfers *
At end of the year|**Freehold**
**land &**
**buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Total**
**£**| |---|---|---|---|---|---| ||-|-|-|
6,645|6,645| ||-|-||-|
-| ||-|-|-|-|
-| ||-|-|-|-|
-| ||-|-|-|-|
-| ||-|
-|
-|
6,645|6,645| ## ## |****Basis**|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|Straight Line| |---|---|---|---|---|---|---| |||||||("SL") or| |||||||Reducing| |||||||Balance| |||||||("RB")| …Behold I come quickly…Rev. 22:12 25 |**** Rate**
At beginning of the
year
Disposals
Depreciation
Impairment
Transfers*
At end of the year
**6.3 Net book value**
Net book value at
the beginning of the
year||||25%|| |---|---|---|---|---|---| ||-|
-|
-|
417|417| |Net book value at
the end of the year|-|
-|
-|
209|209| …Behold I come quickly…Rev. 22:12 26 |**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**|**Section C Notes to the accounts**
**(cont)**| |---|---|---|---|---| |**Note 7 Creditors and accruals**
**_Please complete this note if the charity has any creditors or accruals._**
**7.1 Analysis of creditors**
**Amounts falling due**
**within oneyear**
**Amounts falling due**
**after more than oneyear**
**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
**£**
**£**
**Accruals for grants payable**
- - - -
**Bank loans and overdrafts**
- - - -
**Trade creditors**
- - - -
**Payments received on account for contracts or**
**performance-related grants**
- - - -
**Accruals and deferred income**
689
775
- -
**Taxation and social security**
- - - -
**Other creditors**
11,737
14,737
**Total**
12,426
15,512
-
-||||| ||**Amounts falling due**
**within oneyear**||**Amounts falling due**
**after more than oneyear**|| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||689|775|-|-| ||-|-|-|-| ||11,737|14,737||| ||12,426|15,512|-|-| …Behold I come quickly…Rev. 22:12 27 |**Section C Notes to the accounts**|**(cont)**| |---|---| |**Note 8 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Other**
**Total**|**This year**
**Last year**
**£**
**£**
- -
- -
9749
7849
-
9749
7849| …Behold I come quickly…Rev. 22:12 28 |**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**| |---|---| |**Note 9 Transactions with trustees and related parties**
**9.1 Trustee remuneration and benefits**|| |**None of the trustees have been paid any remuneration or received any other benefits from an**
**employment with their charity or a related entity (True or False)**|**TRUE**| ## **NO RESTRICTED FUND** …Behold I come quickly…Rev. 22:12 29