Annual Accounts and Report for the Year End 31[st] December 2022
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Content
Charity Information
Trustee Report
Balance Sheet
Income & Expenditure Statement
Independent Examiner’s Report
Notes to Financial Statements
Accounting Policies & Notes to the Accounts
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) Annual accounts for the period 01/01/2022 To 31/12/2022
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 (Executive Ministers) 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 FCCA (Lead Minister) Bolanle Macarthy BA PGCE MA Remi Alabi BA LLB BL (Chair)
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Dr Dag Lawale - (Canada) Francesca Smidile BA Yemisi Abrahams LLB BL - (Canada)
Board of Elders:
Key Departmental Heads.
Trustee Accountant:
Bankers:
INDEPENDENT EXAMINER
Pastor Wale Grillo (Pastoral Care) Elder Joshua Onozutu (EOM) Elder T Ogunsan (CMS) Rev. Cyril Okere (Chair) Hon. (Mrs) F.T. Akinwale
Moriayo Ogunsan (Children & Special Projects) Tai-Tai Oronsaye (Youth) Weruche Opia (Executive Assistant & Special Projects) Marjorie Clark (Evangelism & Outreaches) Enitan Modupe (Church Management Services) Nina Deugoue Leonce ACCA
HSBC Plc Edmonton Green Branch Edmonton London N9 AE Accountax Ltd Reynard House, 5A Castlefield Road, Reigate Surrey. RH2 0SA
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Other working Names/Ministries: Hearts for Nations (HfN); Elders Forum (EF) & The Harvest Army (THA)
Trustees’ Report
Main Objectives of the Charity
-
THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE TEACHINGS OF THE BIBLE
-
THE ADVICE AND RELIEF OF THE POOR, AGED, SICK AND THOSE IN CONDITIONS OF HARDSHIP OR DISTRESS; AND
-
SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.
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COMMUNITY WORK – Targeting youths and vulnerable families.
-
Harvest School of Ministry (HSoM) – Training for the Christian Ministry
-
INTERNATIONAL MISSION WORK – Revivals, Outreaches, Medical Missions, Training & Empowerment, Partnering and Networking
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Development During the year 2022
During the year 2022 we carried out the following activities in line with our charity objectives:
-
➢ Local Evangelism. Ongoing quarterly ‘Harvest Gathering conferences’ continues. The Apostolic & Prophetic Declarations in July and December
-
➢ International Missions & Outreaches: The lead minister travelled on invitation of churches and Ministries in Africa to speak at conferences, train leaders and carry out outreach and empowerment programme. 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 Pandemic 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.
-
➢ 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 center 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 limited 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.
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
-
➢ 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.
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➢ 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 2023
-
Once the pandemic and lock down was over the Ministry continue to carry out its activities physically again but we hope to retain some 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.
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Community Ministries: We continue to work with and support other local charities and ministries.
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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 center to get youth away from potential problem of crime, guns gangs and drugs;
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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.
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We will continue to explore other ways of breaking barriers between cultures and network with other Christian and Community groups
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Develop a strong partnership and network group with international partners to foster unity and create opportunity to spread the gospel of Christ.
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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
Page 7 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
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 Expenditure on: EPFG (ELIM HQ) Legal & Professional fees |
Unrestricted funds £ F01 |
Restricted income funds £ F02 |
Endowment funds £ F03 |
Total funds £ F04 |
Prior year funds £ F05 |
|---|---|---|---|---|---|
| 8,100 | - |
- | 8,100 | 5,172 |
|
| 26,121 | - |
- | 26,121 | 23,730 |
|
| 4,029 | - |
- | 4,029 | 922 |
|
| - | - | - | - | - | |
| 0 | - |
- | 0 | 0 |
|
| 2,913 | - |
- | 2,913 | 3,705 |
|
| 6,670 | - |
- | 6,670 | 10,750 |
|
| 22 | - |
- |
22 |
- |
|
| 47,855 | - |
- |
47,855 |
44,280 |
|
| 4,468 | - |
- | 4,468 | 4,144 |
|
| 1,164 | - |
- | 1,164 | 252 |
Page 8 of 39
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 (Non F.A.) Depreciation
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|
|---|---|---|---|---|---|---|---|---|---|
| Annual accounts for the period | |||||||||
| 01/01/2022 | To | 31/12/2022 | |||||||
2,148 1,919 1,300 18,000 2,820 1,120 1,591 - 908 - 1,220 419 1,776 660 425 655 207 |
|||||||||
| 1,350 | - |
- | 1,350 | 2,148 |
|||||
| 1,305 | - |
- | 1,305 | 1,919 |
|||||
| 1,780 | - |
- | 1,780 | 1,300 |
|||||
| 18,000 | - |
- | 18,000 | 18,000 |
|||||
| 1,556 | - |
- | 1,556 | 2,820 |
|||||
| 1,179 | - |
- | 1,179 | 1,120 |
|||||
| 1,210 | - |
- | 1,210 | 1,591 |
|||||
| - | - | - | - | ||||||
| 833 | - |
- | 833 | 908 |
|||||
| - | - | - | - | ||||||
| 1,884 | - |
- | 1,884 | 1,220 |
|||||
| 419 | - |
- | 419 | 419 |
|||||
| 230 | - |
- | 230 | 1,776 |
|||||
| 129 | - |
- | 129 | 660 |
|||||
| 300 | - |
- | 300 | 425 |
|||||
| 712 | - |
- | 1,012 | 655 |
|||||
| 1,220 | - | - | 1,220 | 207 |
Page 9 of 39
Bank Charges
Admin & Office costs
Property Maintenance
Laundry & Dry Cleaning
Website Hosting
Computer software & Parts
HP Costs
Training
Total Resources Used
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|
|---|---|---|---|---|---|---|---|---|---|
| Annual accounts for the period | |||||||||
| 01/01/2022 | To | 31/12/2022 | |||||||
| 152 | - |
- | 152 | 248 |
|||||
| 177 | - |
- | 177 | 196 |
|||||
| 481 | - |
- | 481 | 1,873 |
|||||
| 1,310 | - |
- | 1,310 | 61 |
|||||
| - | - | - | - | ||||||
| - | - | - | 1,469 | ||||||
| - | - | - | - | ||||||
| 441 | - |
- | 441 |
350 |
|||||
| 40,299 | - |
- | 40,299 |
43,761 |
Governance Cost
Independent Examination Insurance
Total Governance Cost
Total
Net income/(expenditure) before investment gains/(losses) Net gains/(losses) on investments
| 696 | - |
- | 696 | 552 |
|---|---|---|---|---|
| 2,379 | - | - |
2,379 |
2,029 |
| 3,075 | - |
- |
3,075 |
2,581 |
| 43,374 | - |
- |
43,374 |
46,341 |
| 4,481 | - | - | 4,481 | - 2,061 |
| - | - | - | - | - |
Page 10 of 39
Net income/(expenditure) 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
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|
|---|---|---|---|---|---|---|---|---|---|
| Annual accounts for the period | |||||||||
| 01/01/2022 | To | 31/12/2022 | |||||||
| 4,481 | - | - | 4,481 | ||||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - |
- | |||||
| 4,481 | - | - | 4,481 | - 2,061 |
|||||
| - 29,587 | - | - | - 29,587 |
- 27,526 |
|||||
| - 25,106 | - | - | - 25,106 |
- 29,587 |
Page 11 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
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 Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04 |
Unrestricted funds Restricted income funds Endowment funds Total this year Total last year £ £ £ £ £ F01 F02 F03 F04 F04 |
|---|---|---|---|---|---|
| - | - | - | - | ||
| 3,662 | - | - | 3,662 | 2 | |
| - | - | - | - | ||
| - | - | - | - | ||
| 3,662 | - | - |
3,662 | 2 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| 700 | 700 | 700 | |||
| 3,889 | - | - | 3,889 | 5,011 | |
| 4,589 | - | - |
4,589 | 5,711 |
Page 12 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
| Creditors: amounts falling due within one year (Note 7) Accruals Net current assets/(liabilities) Total assets less current liabilities 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 |
7,237 | - | - | 7,237 | 8,737 |
|---|---|---|---|---|---|
| 1,860 | - | - | 1,860 | 804 | |
| - 4,509 | - | - |
- 4,509 |
-3,830 | |
| -847 | - | - |
- 847 |
- 1,767 | |
| - | - | - | - | - | |
| - | - | - | - | - | |
| -847 | - | - |
- 847 |
- 1,767 |
|
| - | - | - | |||
| - | - | - | - | ||
| - | - | - | - | ||
| - 847 - 847 - 1,767 - - |
- 847 |
||||
| -847 | - | - |
- 847 |
- 1,767 | |
| Page13of39 |
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Financial Standing, Performance Measures & Explanatory Statement:
These summary financial statements summarise the information in GHCO's annual accounts for the year ended 31st Dec 2022 showing an excess of income over expenditure of £4482.
As of 31st December 2021, the Income & expenditure showed a deficit of £2061.47.
These accounts were approved by the Trustee of GHCO and signed on behalf of the Church.
| Signed by one or two trustees on behalf of all the trustees |
Print Name | Date of approval dd/mm/yyyy |
||
|---|---|---|---|---|
| VKMacarthy | Victor Kenny Macarthy | 31/10/2023 | ||
Page 14 of 39
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Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
GLOBAL HARVEST OUTREACH & CHRIST HARVEST CENTRE…an ELIM PENTECOSTAL CHURCH INDEPENDENT EXAMINER’S REPORT TO THE
BOARD OF DIRECTORS/TRUSTEES YEAR ENDED 31st December 2022
I report on the accounts of the Charity or the year ended 31st December 2022, 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:
Page 15 of 39
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) Annual accounts for the period 01/01/2022 To 31/12/2022
-
(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 in order to enable a proper understanding of the accounts to be reached.
Signed:
Date: 31[st] Oct 2023
Bim Ewetade BA (HONS) Accounting & Finance, AFA MIPA/AFTA Incorporated Financial Accountant AE Accountax Ltd Reynard House, 5A Castlefield Road, Reigate Surrey. RH2 0SA
Page 16 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Section C Notes to the accounts (cont)
Note 2 Accounting policies
2.1 INCOME
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.
| Section C Notes to the accounts (cont) Note 2 Accounting policies 2.1 INCOME 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 Yes No N/a • 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. Yes No N/a ✓ 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). Yes No N/a ✓ 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). Yes No N/a ✓ 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. Yes No N/a ✓ Government grants The charity has received government grants in the reporting period YesNo N/a |
Section C Notes to the accounts (cont) Note 2 Accounting policies 2.1 INCOME 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 Yes No N/a • 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. Yes No N/a ✓ 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). Yes No N/a ✓ 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). Yes No N/a ✓ 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. Yes No N/a ✓ Government grants The charity has received government grants in the reporting period YesNo N/a |
Section C Notes to the accounts (cont) Note 2 Accounting policies 2.1 INCOME 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 Yes No N/a • 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. Yes No N/a ✓ 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). Yes No N/a ✓ 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). Yes No N/a ✓ 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. Yes No N/a ✓ Government grants The charity has received government grants in the reporting period YesNo N/a |
Section C Notes to the accounts (cont) Note 2 Accounting policies 2.1 INCOME 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 Yes No N/a • 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. Yes No N/a ✓ 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). Yes No N/a ✓ 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). Yes No N/a ✓ 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. Yes No N/a ✓ Government grants The charity has received government grants in the reporting period YesNo N/a |
Section C Notes to the accounts (cont) Note 2 Accounting policies 2.1 INCOME 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 Yes No N/a • 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. Yes No N/a ✓ 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). Yes No N/a ✓ 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). Yes No N/a ✓ 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. Yes No N/a ✓ Government grants The charity has received government grants in the reporting period YesNo N/a |
|---|---|---|---|---|
| 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 |
Yes No N/a |
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| ✓ | ||||
| Yes No N/a |
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| ✓ | ||||
| Yes No N/a |
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| ✓ | ||||
| Yes No N/a |
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| ✓ | ||||
| Yes No N/a |
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| ✓ | ||||
| YesNo N/a |
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| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Gift Aid receivable is included in income when there is a valid declaration from the Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that donations and gifts 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.
| ✓ | ||
|---|---|---|
| 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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| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) Annual accounts for the period 01/01/2022 To 31/12/2022 Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of 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. 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. |
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| 01/01/2022 | To | 31/12/2022 | |||||
| Yes No N/a |
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| Yes No N/a |
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| Yes No N/a |
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| Yes No N/a |
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| Yes No N/a |
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| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
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. 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 |
Yes No N/a |
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| ✓ | |||
| Yes No N/a |
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| ✓ | |||
| Yes No N/a |
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| ✓ | ✓ | ||
| Yes No N/a |
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| Yes No N/a |
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| ✓ | |||
| Yes No N/a |
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| ✓ | |||
| Yes No N/a |
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| ✓ | |||
| Yes No N/a |
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| ✓ | |||
| YesNo N/a |
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| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) Annual accounts for the period 01/01/2022 To 31/12/2022 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 500 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 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 |
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| Annual accounts for the period | ||||||||
| 01/01/2022 | To | 31/12/2022 | ||||||
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| Yes No | N/a | |||||||
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| Yes No | N/a | |||||||
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| Yes No | N/a | |||||||
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| YesNo | N/a |
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|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
| 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. |
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| Yes No | N/a | ||
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| Yes No | N/a | ||
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| Yes No | N/a | ||
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| Yes No | N/a | ||
| ✓ | |||
| Yes No | N/a | ||
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| Yes No | N/a | ||
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| Yes No | N/a | ||
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|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
| POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE |
Accounting policies The 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. |
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| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
| Section C Notes to the accounts | Section C Notes to the accounts | Section C Notes to the accounts | (cont) | |||
|---|---|---|---|---|---|---|
| Note 3 Donations and legacies: |
Analysis of income Analysis |
Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds £ |
Prior year £ |
| Donations andgifts | - | - | - | - | - | |
| Gift Aid | 2,913 | - | - | 2,913 | 3,705 | |
| Legacies | - | - | - | - | - | |
| General grants provided by government/other charities |
- | - | - | - | - | |
| Membership subscriptions and sponsorships which are in substance donations |
- | - | - | - | - | |
| Donatedgoods, facilities and services | - | - | - | - | - | |
| Other | - | - | - | - | - | |
| Total | 2,913 | - | - | 2,913 | 3,705 | |
| Use of Community Hall | 6,670 | - | - | 6,670 | 10,750 |
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| Charitable activities: Other trading activities: Income from investments: Separate material item of income: Other: |
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| Annual accounts for the period | |||||||||||
| 01/01/2022 | To | 31/12/2022 | |||||||||
| Tithes, Offerings,Seed &pledges | 38,250 | - | - | 38,250 | 29,824 | ||||||
| - | - | - | - | - | |||||||
| Other: R2R etc | 0 | - | - | 0 | - | ||||||
| Total | 47,855 | - | - | 47,855 | 40,574 | ||||||
| - | - | - | - | - | |||||||
| - | - | - | - | - | |||||||
| - | - | - | - | - | |||||||
| Other | - | - | - | - | - | ||||||
| Total | - | - | - | - | - | ||||||
| Interest income | 0 | - | - | 0 | 3 | ||||||
| Dividend income | - | - | - | - | - | ||||||
| Rental and leasingincome | - | - | |||||||||
| Other | - | - | - | - | - | ||||||
| Total | 0 | - | - | 0 | 3 | ||||||
| 22 | - | - | - | - | |||||||
| - | - | - | - | - | |||||||
| - | - | - | - | - | |||||||
| - | - | - | - | - | |||||||
| Total | - | - | - | - | - | ||||||
| Conversion of endowment funds into income |
- | - | - | - | - | ||||||
| Gain on disposal of a tangible fixed asset held for charity's own use |
- | - | - | - | - |
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| Annual accounts for the period | |||||||||||
| 01/01/2022 | To | 31/12/2022 | |||||||||
| TOTAL INCOME | Gain on disposal of a programme related investment |
- | - | - | - | - | |||||
| Royalties from the exploitation of intellectualpropertyrights |
- | - | - | - | - | ||||||
| Other | - | - | - | - | - | ||||||
| Total | - | - | - | - | - | ||||||
| 47,855 | - | - | 47,855 | 44280 | |||||||
| Other information: | |||||||||||
| All income in the prior year was unrestricted except for: (please provide description and amounts) |
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| Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion. |
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| Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts) |
Section C Notes to the accounts (cont)
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| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Note 4 Analysis of expenditure
| Analysis of expenditure | Analysis of expenditure | Analysis of expenditure | Analysis of expenditure | Analysis of expenditure | Analysis of expenditure | |
|---|---|---|---|---|---|---|
| Expenditure on raising funds: |
Analysis | Unrestricted funds |
Restricted income funds |
Endowment funds |
Total funds £ |
Prior year £ |
| Incurred seeking donations | - | - | - | - | - | |
| Incurred seeking legacies | - | - | - | - | - | |
| Incurred seeking grants | - | - | - | |||
| Operating membership schemes and social lotteries |
- | - | - | |||
| Staging fundraising events | - | - | - | |||
| Fudraising agents | - | - | - | |||
| Operating charity shops | - | - | - | |||
| Operating a trading company undertaking non- charitable trading activity |
- | - | - | |||
| Advertising, marketing, direct mail and publicity |
- | - | - | - | - | |
| Start up costs incurred in generating new source of future income |
- | - | - | - | - | |
| Database development costs | - | - | - | - | - | |
| Other trading activities | - | - | - | |||
| Investment management costs: | - | - | - | - | - | |
| Portfolio management costs | - | - | - | - | - |
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| Expenditure on charitable activities |
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| Annual accounts for the | period | |||||||||||
| 01/01/2022 | To | 31/12/2022 | ||||||||||
| Cost of obtaining investment advice | - | - | - | - | - | |||||||
| Investment administration costs | - | - | - | - | - | |||||||
| Intellectual property licencing costs | - | - | - | - | - | |||||||
| Rent collection, property repairs and maintenance charges |
- | - | - | - | - | |||||||
| - | - | - | - | - | ||||||||
| Total expenditure on raising funds | - | - | - | |||||||||
| Independent examination | 696 | 696 | 552 | |||||||||
| Accommodation & Subsistence | - | - | - | - | - | |||||||
| EPFG (Elim HQ) | 4,468 | - | 4,468 | 4,144 | ||||||||
| Legal and Professional fee | 1,164 | 1,164 | 252 | |||||||||
| Books,Audio Visual and Tapes | - | - | ||||||||||
| Honorarium & External Ministries | 1,350 | 1,350 | 2,148 | |||||||||
| Mission | 1,305 | 1,305 | 1,919 | |||||||||
| Insurance | 2,379 | 2,379 | 2,029 | |||||||||
| Website Hosting | 129 | 129 | 660 | |||||||||
| Rent. Rates & Utilities | 19,780 | 19,780 | 19,300 |
Page 28 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
| Property Renewals & Maintenance |
2,037 | 2,037 | 4,693 | |||
|---|---|---|---|---|---|---|
| Telephone/ Phone cards & Internet |
1,179 | 1,179 | 1,120 | |||
| Church Receptions & Entertainment |
1,210 | 1,210 | 1,591 | |||
| Printing, Stationery & Postage | 833 | 833 | 908 | |||
| Sundryexpenses | - | - | ||||
| Transport & Travelling | 1,884 | 1,884 | 1,220 | |||
| Subscriptions | 419 | 419 | 419 | |||
| Charitable donations & Love gifts |
230 | 230 | 1,776 | |||
| Seminars, Training & Conferences |
441 | 441 | 350 | |||
| Equiment Hire (Card machine etc.) |
300 | 300 | 425 | |||
| Depreciation | 1,220 | 1,220 | 207 | |||
| Bank charges | 152 | 152 | 248 | |||
| Hire Purchase Costs | - | - | ||||
| Admin & Office Costs | 177 | 177 | 196 | |||
| Laundry and Cleaning | 1,310 | 1,310 | 61 | |||
| Computer Software and Parts | - | - | 1,469 |
Page 29 of 39
| Separate material item of expense Other TOTAL EXPENDI Other informatio Analysis of expe |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual accounts for the period | ||||||||||||
| 01/01/2022 | To | 31/12/2022 | ||||||||||
| Equipment (Non F A) | 1,012 | - | - | 1,012 | 655 | |||||||
| R2R Praise | - | - | ||||||||||
| Total expenditure on charitable | activities | 43,674 | - | - | 43,674 |
46,341 | ||||||
| - | - | - | - | - | ||||||||
| - | - | - | - | - | ||||||||
| - | - | - | - | - | ||||||||
| - | - | - | - | - | ||||||||
| Total | - | - | - | - | - | |||||||
| - | - | - | - | - | ||||||||
| - | - | - | - | - | ||||||||
| - | - | - | - | - | ||||||||
| - | - | - | - | - | ||||||||
| - | - | - | - | - | ||||||||
| Total other expenditure TURE n: nditure on charitable activities |
- | - | - | - | - | |||||||
| 43,674 | - | - | 43,674 | 46,341 | ||||||||
Page 30 of 39
----- Start of picture text -----
Global Harvest Outreach & Christ Harvest Centre
(An Elim Pentecostal Church)
Annual accounts for the period
01/01/2022 To 31/12/2022
Grant
Total
Activity or funding Support Total this
Activities undertaken directly prior
programme of Costs year
year
activities
£ £ £ £ £
Activity 1
Activity 2
Other
Total
Prior year expenditure on charitable activities can be
analysed as follows:
Within the expenditure items above the following
items are material: (please disclose the nature,
amount and any prior year amounts)
----- End of picture text -----
----- Start of picture text -----
Section C Notes to the accounts
(cont)
Note 5 Details of certain items of expenditure
5.1 Fees for examination of the accounts
----- End of picture text -----
Page 31 of 39
----- Start of picture text -----
Global Harvest Outreach & Christ Harvest Centre
(An Elim Pentecostal Church)
Annual accounts for the period
01/01/2022 To 31/12/2022
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). This year Last year
£ £
Independent examiner’s fees
696 552
Assurance services other than audit or independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services)
paid to the independent examiner 360 252
----- End of picture text -----
----- Start of picture text -----
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
Freehold Other land & Plant, Fixtures, Total
land & buildings machinery fittings and
buildings and motor equipment
vehicles
Page 32 of 39
----- End of picture text -----
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
| At the beginning of the year Additions Revaluations Disposals Transfers At end of the year 6.2 Depreciation an Basis* Rate At beginning of the year Disposals Depreciation |
£ | £ | £ | £ | £ | £ |
|---|---|---|---|---|---|---|
| - | - | - | 6,645 |
6,645 | ||
| - | - | 4,880 | 4,880 | |||
| - | - | - | - | - |
||
| - | - | - | - | - |
||
| - | - | - | - | - |
||
| - | - |
- |
11,525 |
11,525 | ||
| d impairments | ||||||
| SL or RB | SL or RB | SL or RB | SL or RB | SL or RB | Straight Line ("SL") or Reducing Balance ("RB") |
|
| - | - | - | 6,643 |
6,643 | ||
| - | - | - | - | |||
| - | - | 1,220 | 1,220 | |||
| Page33of39 |
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|||
|---|---|---|---|---|---|---|---|---|---|---|
| Annual accounts for the period | ||||||||||
| 01/01/2022 | To | 31/12/2022 | ||||||||
| Impairment Transfers At end of the year 6.3 Net book value* Net book value at the beginning of the year Net book value at the end of the year |
- | - | - | - | - | |||||
| - | - | - | - | - | ||||||
| - | - |
- |
7,863 |
7,863 | ||||||
| - | - |
- |
2 |
2 | ||||||
| - | - |
- |
3,662 |
3,662 |
| Section C Notes to the accounts | Section C Notes to the accounts | Section C Notes to the accounts | (cont) | (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 one year This year Last year £ £ Accruals for grants payable - - |
||||
| Amounts falling due within one year |
Amounts falling due after more than one year |
|||
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| - | - | - | - |
Page 34 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|
|---|---|---|---|---|---|---|---|---|---|
| Annual accounts for the period | |||||||||
| 01/01/2022 | To | 31/12/2022 | |||||||
| Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors **Total ** |
- | - | - | - | |||||
| - | - | - | - | ||||||
| - | - | - | - | ||||||
| 1,860 | 804 | - | - | ||||||
| - | - | - | - | ||||||
| 7,237 | 8,737 | ||||||||
| 9,097 | 9,541 | - | - |
| 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 £ £ - - - - 3,889 5,011 3,889 5,011 |
Section C Notes to the accounts (cont)
Page 35 of 39
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) Annual accounts for the period 01/01/2022 To 31/12/2022
Note 28 Transactions with trustees and related parties
If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.
28.1 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
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
----- Start of picture text -----
Amounts
paid or
benefit value
Legal authority (eg This year Last year
Name of trustee order, governing Remuneration Pension Redundancy Other TOTAL
document) contribution (including
loss of
office)/ex
gratia
£ £ £ £
----- End of picture text -----
Page 36 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
Please give details of why remuneration or other employment benefits were paid.
The work of the ministry is the only work that she does. She is
Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.
28.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".
| No trustee expenses have been incurred (True or False) | TRUE | |
|---|---|---|
| Type of expenses reimbursed | This year | Last year |
| £ | £ | |
| Travel | ||
| Subsistence | ||
| Accommodation | ||
| Other (please specify): |
Page 37 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
TOTAL
Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity
28.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.
There have been no related party transactions in the reporting period (True or False)
| Name of the trustee or related party |
Relationship to charity |
Description of the transaction(s) |
Amount | Balance at period end |
Provision for bad debts at period end |
Amounts written off during reporting period |
|---|---|---|---|---|---|---|
| Rev Victor McCarthy |
Trustee | Payment made for the Church to help it find its feet. |
£7,237 | £ | £ | |
Page 38 of 39
| Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
Global Harvest Outreach & Christ Harvest Centre (An Elim Pentecostal Church) |
|---|---|---|---|---|
| Annual accounts for the period | ||||
| 01/01/2022 | To | 31/12/2022 |
In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.
The Charity owes some mony to Pastor Victor, due th expenses that he paid over the years for the charity.
For any related party, please provide details of any guarantees given or received.
Page 39 of 39