# **ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **ASH CHAPEL** **CHARITY REGISTRATION No: 1090321** Independent Examiners Ltd Unit 2, The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 1 ||**ASH CHAPEL**| |---|---| ||**CONTENTS**| |Page 3|Legal and Administrative Information| |Pages 4 to 5|Trustees' Report| |Pages 6|Independent Examiner's Report to the Trustees| |Page 7|Statement of Receipts and Payments| |Page 8|Statement of Assets and Liabilities| |Pages 9 to 10|Notes to the Accounts| 2 ## **ASH CHAPEL** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **CHARITY NUMBER** 1090321 **WORKING NAME** Revelation Church **START OF FINANCIAL YEAR** 1st April 2023 **END OF FINANCIAL YEAR** 31st March 2024 **TRUSTEES AT 31ST MARCH 2024** George Mullally Carol Buckmaster Keith Archer (Appointed 18.01.2024) Oludolapo Kukoyi (Appointed 18.01.2024) The existing trustees appoint any new trustees following the provisions laid out in the organisation's governing instrument. **LEGAL STATUS** Unincorporated Charity ## **GOVERNING INSTRUMENT** DECLARATION OF TRUST DATED 15/11/2001 AS AMENDED ON 11/03/2004 AS AMENDED ON 02/11/2011 ## **OBJECTS** THE ADVANCEMENT OF THE CHRISTIAN FAITH AND SUCH OTHER CHARITABLE OBJECTIVES AS THE TRUSTEES SHALL FROM TIME TO TIME DECIDE. ## **CORRESPONDENCE ADDRESS** Ash Chapel Chapel Wood Road Ash Sevenoaks TN15 7HX ## **PRIMARY BANKERS** Lloyds Bank 78 New Rd Gravesend DA11 0AR ## **INDEPENDENT EXAMINER** Lomax Pavey Independent Examiners Ltd Unit 2, Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 3 ## **ASH CHAPEL** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024** ## **Aims and Objectives** The Vision of Ash Chapel is to “Lift up the Name of Jesus” and all ministry Is based on: 1 The Word of God [Bible] 2 The incarnation, death and resurrection of Jesus Christ - 3 Healing of the Whole Person through Jesus ## **Achievements and Performance** We are now having outreach approximately once a month locally in New Ash Green with music and singing and one lady joins us who has a very good voice. Someone recently has joined us at the church who is a very accomplished keyboard player and with him the singer and the worship team on a Sunday, the result is very uplifting towards the Lord Almost all of our income is going to Christian Charities around the world to spread the gospel of Jesus Christ. The individual amounts are shown on page 10 under note 5. God continues to bless us with large contributions much in excess of our size and numbers. ## **Financial Review** 2023/24 was a very good year financially as we had very good receipts due to two factors. 1) Tithes from inheritance affecting three families as the bible teaches a minimum of 10% of any income. - 2) We also got some gift aid which we did not receive the previous year so our receipts were up some 35%. ## **Risk Assessment** The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **Reserves Policy** The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily. ## **Public Benefit** The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 4 AIH CHAP•L PY)fv QNOID •iJT 1141AACM 20*4 d •ff•lr¥ d th•inth •ThJ d th• •Urp1￿ d th• in•M lty p•rtThl kn p*•p•rty #•t•n•rt* th• mM••• •r• S*1 iuh•bl• •ettyJvrtfv4 •nd apP￿th•T￿ ety¥tst•ffl •k• Ivdg•m•iN •ThJ wifft•t•• ih•i •rn rn•*cmbl• •thJ pnJd•nt . Prw•rn lir4•nci•l th• gc*w t￿4￿ b••* kn•PPffjPtl•1• to pwfft• th•rfft• rn*t *ll Th• •f• fL¥ k••pty PfOP•t •te￿ni*￿a Thc¢yd•. which d*ckw ¥viih r••*crfwbts• •ecw•cy th •ry f*n• pe&*th d th• tntst. •r• rwonxbl• fty M1•gu•￿ty th •*Mts d th• artl l¢r t•kry rn••thi*bkn rf•p• fc* th• pr••rhan •fid d•￿¢t￿ af lrnud •fid dh•f lff•gdaItt￿. byth• T￿￿•￿ on__ S¢gned w thew behaK by.__.__ &gn•ture.' ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** Report to the trustees/members of Ash Chapel on the accounts for the year ended 31st March 2024 set out on pages 7 to 10. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention ## **Basis of independent examiner’s statement** My examination was carried out in accordance with 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 the 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 the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 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. **----- Start of picture text -----**
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Lomax Pavey Independent Examiners Ltd Unit 2, The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 9th January 2025 6 ## **ASH CHAPEL** ## **STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST MARCH 2024** |**Notes**
**RECEIPTS**
Donations & Legacies
**2a**
**TOTAL RECEIPTS**
**PAYMENTS**
Cost of Charitable Activities
**3a**
**TOTAL PAYMENTS**
**NET RECEIPTS/(PAYMENTS)**
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2024**
**2023**
£
£
£
£
52,475
-
52,475
38,979| |---|---| ||**52,475**
**-**
**52,475**
**38,979**| ||57,063
-
57,063
39,035| ||**57,063**
**-**
**57,063**
**39,035**| ||**(4,588)**
**-**
**(4,588)**
**(56)**
8,780
-
8,780
8,836| ||**4,191**
**-**
**4,191**
**8,780**| Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as The notes on pages 9 to 10 form part of these financial statements. 7 AIH CWII ITATrMIMTOF Assm Aprty Lk4ArnI ThAA IMOIO JIST 20Y f• f• i.fp1 1.191 C4th ￿ B•nk •TrJ $70 570 Twsrn R£SPOPIY8ILmES111 R&A11011TO HMANaALsYAiWelTS rnqunsth•Tntst•tsio pr•parn ac¢wnts for each fimnc￿l p•rtx4 whKh c1ymp￿Wrth tha regu￿1￿￿$ S•t in th• th•TrMJ kt 2011.Th• TrL&e•s h•W •lected totakead￿n￿JgeQé the p¢rp4tswyLS ih•t apP￿t0$￿all chartl•sand prepar•d a Rrtwpts *Ad P•yrn•rtts coJnt•nd stat￿•nI￿A¥S¢lS Lb•bI1rt￿ whKhare wt ¢YJt cffi pag•S 7 and 8. ppa bytheTntsteeS tyl ￿'"- &gn8d ￿ th•irbehaW by__ &gnaturn'. ## **ASH CHAPEL** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **1. BASIS OF ACCOUNTING** The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements. ## **2. RECEIPTS** |**a) Donations & Legacies**
Gifts Tithes & Offerings
Gift Aid Tax Recovered|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2024**
**2023**
£
£
£
£
49,624
-
49,624
38,979
2,851
-
2,851
-| |---|---| ||**52,475**
**-**
**52,475**
**38,979**| ## **3. PAYMENTS** |**a) Cost of Charitable Activities**
Administration/DBS Checks
Buildings/Grounds Maintenance
Gifts To Individuals
Gifts To Organisations
Independent Examiner's Fee
Licenses and Subscriptions
Building Insurance
Evangelical Alliance
Sundry Expenses
Utility Costs|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**2024**
**2023**
£
£
£
£
145
-
145
145
5,600
-
5,600
1,780
6,900
-
6,900
7,700
39,025
-
39,025
27,000
570
-
570
510
249
-
249
233
1,137
-
1,137
-
80
-
80
80
80
-
80
113
3,278
-
3,278
1,474| |---|---| ||**57,063**
**-**
**57,063**
**39,035**| 9 ## **ASH CHAPEL** ## **NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024** ## **4. RESTRICTED FUNDS** The Charity held no restricted funds during this or the previous financial period. |**5. GIFT ANALYSIS**
**Gifts to Organisations**
Christian Concern
Christian Institute
Daughters of Cambodia
David Hathaway (Eurovision Mission to Europe)
Elam Ministries
Open Doors
Release International|Funds
Funds
Donated
Donated
**2024**
**2023**
£
£
9,000
6,000
3,000
-
3,000
-
6,000
2,000
9,025
15,000
4,500
4,000
4,500
-| |---|---| ||**39,025**
**27,000**| ## **6. PAYMENTS TO TRUSTEES AND OTHER RELATED PARTIES** One Trustee, Mr Kieth Archer, received gifts totalling £2,400 in recognition of his role as pastor of the church during the current year. Additionally, Mr Kieth Archer's wife received gifts amounting to £2,400. The only other payments made to the trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects. 10