## **PETRA CHURCH UK Trustees’ Annual Report for Period 01/04/2020 to 31/03/2021** ## **Reference and administration details** - **Charity name:** - Petra Church UK - **Registered charity number:** - 1092219 - **Charity’s principal address: -** 95 Gordon Road. London SE15 3RR ## **Names of the trustees who managed the charity** · Dr. Peter Samuels - Mr. Roger Reid - Rev. Leon Morian ## **Structure, governance and management** Type of governing document - Memorandum and Articles of Association ## **Management structure of the charity** - The trustees are ultimately responsible for the charity’s finances/assets - The Pastor is responsible for the day-to-day running of the charity - and is accountable to the Trustees. · A management team assists the Pastor in the day-to-day management of the Charity. The Pastor nominates able and respected individuals from among the members to serve in the management team. The members in an Extraordinary General Meeting then approves these individuals. ## **Trustee selection method** The present serving trustees are responsible for appointing other members to the board of trustees. ## **Objectives and activities** Summary of the objectives of the charity set out in its governing document - To advance the Christian faith (in accordance with the statement of beliefs) in - London and other parts of the world. · To train, equip commission and support individuals who are committed to achieve the objectives. · To support financially and otherwise, other charities having the same or similar objectives. - To alleviate poverty of the members of the charity and members of the wider local - community in any way possible. - To acquire property that would facilitate the charity’s activities ## **Summary of the main activities in relation to these objectives** - Christian worship meetings – providing an outlet for individuals to find - expression through worship and personal talent and interaction - Pastoral Services – counselling; Bible training geared towards Christian - education, character development and life skills - Children activities - Y outh activities - Adult motivation classes ## **Summary of Performance and main Achievements during the year** **The Covid19 Pandemic brought with it very many new challenges but in spite of all the challenges the charity has much to celebrate.** ***The effective launch of virtual gatherings via Zoom - the charity was able to continue its +Religious Classes to children and youths +Adult motivational classes and general +Pastoral Services to adults & families in various UK communities and beyond the borders of the UK. These forums saw a threefold increase in attendance with attendees who reside in the USA, Kenya, Guyana and Barbados.** * **Training - a training programme consisting of a class of ten members from the charity was specially initiated to train personnel to manage various projects/activities of the charity.** *** Community Social Event - at the end of the lockdown the charity organised a special outdoor event in a London park that saw many families in attendance. The charity adhered strictly to the Covid 19 pandemic guidelines that were in place at the time.** ## **Policies** ## **Brief statement of the charity’s policy on reserves.** ## _**THERE HAS BEEN NO CHANGES TO THIS POLICY**_ Any surplus funds after all running costs have been cleared is set aside towards the purchase of premises for the charity and capital for income generating projects, that would further finance the activities of the charity, and in extreme cases, to meet any unforeseen expenditure. ## **The following compliance policies have been reviewed and enacted** - Persons of Significant Control Register - ● Code of Conduct for Trustees ● Health and Safety at Work Policy ● Risk Assessment Template Diversity Policy - ● Risk Assessment – Organisation and Trustees Staff Code of Conduct Data Protection procedures Data Protection Audit Data Protection Policy - Data Privacy Notice Leon Morian (chairperson of the board of trustees) compiled this report. 21/01/2022 PETRA CHURCH UK 95 GORDON ROAD PECKHAM LONDON SE15 3RR UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2021 FOR PETRA CHURCH UK **Company Registration Number 04361308** **Charity Registration Number 1092219** REGISTERED NUMBER 04361308 CHARITY REGISTERED NUMBER 1092219 CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 01 APRIL 2020 TO 31 MARCH 2021 ||Page| |---|---| |Company Information|1| |Profit and Loss Account|2| |Balance Sheet|3| |Notes to the Financial Statements|4 to 5| |Trading and Profit and loss Account|6| -1- ## **PETRA CHURCH UK** ## **PROFIT AND LOSS ACCOUNT** ## **FOR THE YEAR ENDED 31 MARCH 2021** ||NOTES||| |---|---|---|---| |||31.03.2021|31.03.2020| |||£|£| |**Incoming Resources**|1|27001|19202| |Less: Cost of Charitable activities||5356|19085| |**Net Movement in funds**|2|21645|116| |**Other Income**|||| |Interest Received||0|0| |**Net Movement in funds**||21645|116| |**Fund Balances brought forward**||0|0| |**Net Movement in funds**||21645|116| There is no recognised loss for the year other than those included in the financial statements above. -2- ## **PETRA CHURCH UK** ## **BALANCE SHEET** ## **AS AT 31 MARCH 2021** |NOTES
**FIXED ASSETS**
**CURRENT ASSETS**
Debtors
4
0
Cash at Bank and in hand
142897
**NET ASSETS**
**CREDITORS: Amount falling**
due within one year
5
Net Current Assets
Total assets less current
liabilities
**FUNDS AND RESERVES**
6
General Fund
124819
Net movement in funds
7
21645
**Total Fund**|31.03.2021
£
3567
0
121050
142897
146464
124703
116
146464|31.03.2020
£
3769
121050|31.03.2020
£
3769
121050| |---|---|---|---| ||||| ||||124819| ||||124819| For the year ending 31/03/2021 the company was entitled to exemption from audit under section 477of the Companies Act 2006 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. The Financial Statements were approved by the Board on 22 December 2021 and signed on its behalf. Dr. Peter C Samuels (Director) Director/Chair Person. The notes on pages 4 to 5 form part of these Financial Statements. -3- **PETRA CHURCH UK** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2021** ## 1 **ACCOUNTING POLICIES** ## (a) Basis of Accounting The Financial Statements are prepared on the historical cost convention and include the results of the company's operations as indicated in the Director's Report and all of which are continuing. The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash-flow statement on the grounds that it is a small company ## (b) Incoming Resources Incoming Resources comprises the tithes, offerings and sale of tickets by the Charity, ## (c) Depreciation of Tangible Assets Depreciation is provided so as to write off the cost of the asset over its estimated useful Life, at the following rate: Office Equipment - 20% Motor Vehicle - 10% 2 Net Movement in funds 31.03.21 31.03.20 £ £ This is stated after Charging : Director's Renumeration NIL NIL Accountants' Renumeration NIL NIL -4- ## **PETRA CHURCH UK** ## **NOTES TO THE ACCOUNTS** ## **AS AT 31 MARCH 2021** |**Depreciation at 20% on a reducing balance**
**Equipment:**
Opening balance at 01.04.2020
Depreciation for the year
Equipment - NBV at 31.03.2021
**Total expended resources**
Resources expendend for the year
add depreciation
**Interest received:**
Net Interest received
**Note 4: DEBTORS**
Debtors due within one year:
Trade
Other debtors
within one year
**Note 5: Amount falling due within one year**
Accuals and other creditors
Directors loan
trade creditors
Other taxes and social security cost
Corporation tax
**Note 6 Called up share capital**|31.03.21
£
4224
657
3567
4699
657|31.03.20
£
4456
687
3769
18398
687
19085
1235
0
31.03.21 31.03.20
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21645
116
0
0
124819
124703| |---|---|---| ||5356|| ||331|| |Alloted, issued and fully paid
**Note 7. Movement in funds**||| |Net movement in funds
Prior year adjustment
Opening Fund||| |||146464
124819| -5- ## **PETRA CHURCH UK** ## **TRADING AND PROFIT AND LOSS ACCOUNT** ## **FOR THE YEAR ENDED 31 MARCH 2021** ## **Income and Expenditure** |Incoming Resourses
Tithes and Offerings
Other Income - Interest recieved
HMRC CHARITIES
**Cost of Charitable activities**
Church Premises Rent
0
Motor Expenses
444
Miscellaneous
0
Catering
0
Telephone
0
Gifts & Donations
135
Stationery
0
Member's and training
0
Accounting Fees
0
Equipment - depreciation
657
Transport
120
Missions
4000
Membership Subscription - CIC
0
Baddebts written off
0
**Net movement in funds**|31.03.21
£
18357
331
8313
27001
8415
905
0
608
0
1614
143
1863
200
687
765
3000
385
500
5356
21645|31.03.20
£
17967
1235
0| |---|---|---| |||19202
19085| |||116| -6- For the year ending 31/03/2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. The Financial Statements were approved by the Board on 22 December 2021 and signed on its behalf. Dr. Peter C Samuels (Director) Director/Chair Person.