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2020-12-31-accounts

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020

CHARITY REGISTRATION NUMBER: 1095556

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020

CONTENTS PAGE
LEGAL AND ADMINISTRATIVE INFORMATION 1
REPORT OF THE TRUSTEES 2-4
REPORT OF THE INDEPENDENT EXAMINERS 5
STATEMENT OF FINANCIAL ACTIVITIES 6
STATEMENT OF FINANCIAL POSITION 7
NOTES TO THE ACCOUNTS 8-10
INCOME AND EXPENDITURE 11

1

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31ST DECEMBER 2020

CHARITY REGISTRATION NUMBER: 1095556

REGISTERED OFFICE: Corner of Hatherly Road and Tarrington Road Treadworth Gloucestershire GL1 4PN

TRUSTEES: Almando Garvey Courtney Johnson Susan Johnson Faithlyn McLeary Robert Crawford Lurlene Westcarr

ACCOUNTANTS Allen Robyn & Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9DQ

2

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2020

The trustees present their report with the financial statements of the charity for the year ended 31st December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

OBJECTIVES AND ACTIVITIES

The Church of God (Seventh Day) Gloucester is committed to encourage as many people to worship at our church and to feel a part of our church community. During 2020, despite challenges our services and worship put faith into practice through prayer, scripture and meeting needs by several activities which reflects our desire to be the change within the world, the technological advance has made it easy to interact and reach those around us .Our planning for the year considered the Commission’s guidance on public benefit and in particular, the supplementary guidance on Charities for the advancement of Religion. We made concerted effort during the year to enable ordinary people to live out their faith as part of our church community, through: Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus, provision of pastoral care and Missionary outreach.

ACHIEVEMENT AND PERFORMANCE

We would consider 2020 as a successful year for the charity. The Church offered a range of services during the week and over the course of the year those who attended found them beneficial and spiritually fulfilling. In addition these services provided an opportunity for an expressive and reflective environment for worship. Our youths were meeting on a Friday evening for special fellowship and engagement meeting their social, emotional and spiritual needs. However, it has come to a situation where several of our young people are away from the area in university. As a result of this the Youth meeting on a Friday evening has not been taking place, the impact of the pandemic may have also contributed (where we may have been able to revive this ministry it has not been possible to do so.

Music Ministry

We will continue to support the youth and children’s department to achieve their goals financially and to preserve their spiritual integrity, helping to develop and use their talents to the glory of God. To demonstrate this, the charity embarked on music training for some of our youths This has enhanced their skills, enabled them to be more active in the local church and at the national level. During the course of this year, we were not able to continue support of our young people in this area and in fact the majority of your youth has not been able to attend the church building for the nine months of the pandemic. The charity looks forward to returning to some form of normality where support will be offered to your youths once again.

3

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2020

Women's Ministry

Our Women’s ministry department is reaching out in various ways in meeting the spiritual and emotional needs of women through support sessions/ meetings and social activities. Our women team continue to visit members who are not able to attend the services due to sickness or disability; their help is invaluable to the Church.

Project Africa:

We believe in active faith and continue to demonstrate this in our outreach projects. We provide financial support to our project in Zambia. It is our aim to revive the sewing project helping young girls aged 12-15 forced into early marriages to acquire new skills which will help them earn a livelihood. This is part of our mission to empower individuals. We were able to ship 9 barrels of used clothing to Ghana to assist vulnerable women. They have been able to market the items giving an income for the support of their families, and to provide support for a nursery and primary school in the Ashanti region of Ghana. We have given financial support to Burundi to assist in poverty alleviation. We have also assisted with a back-to-school project in Jamaica. The Mission ministry must be commended for the effort made to contribute to this important venture in helping to relieve suffering and providing hope for the disadvantaged.

Annual General Meeting

The Annual General Meeting was held to provide members of the charity with a detailed report of all activities relating to the charity for the year 2020.

Gloucester Food Bank:

We continue to support the vulnerable through our Food Bank as a vital part of our Christian duty to reach out to the needy. There is ongoing commitment to support the Food Bank financially and otherwise.

Church Relationships:

We continue to share fellowship and work with charities of like faith to address social issues within our community to help prevent anti-social behaviour

Overseas Support :

As part of our support to our sister churches in the Caribbean and Africa. We continue to communicate with them to ascertain their needs and to determine how we might assist, be it medical, poverty alleviation, or educational assistance.

The Impact of Covid-19

The Charity has experienced the effects of the pandemic in numerous ways. We are very grateful that we had not had any loss of life because of the covid 19, However, we have all suffered from its impact. Some members who have lost loved ones are still suffering because they have not been able to say their last goodbyes as they would have done in normal times. This also extends to the fact that people were not even able to meet face to face and express condolences and grieve together.

As a result of not being able to meet, we have adopted a new normal by meeting online and having various events virtually. This opened new avenues as we were able to join with other affiliated churches and conferences around the world for worship, seminars, and training. Our local church experienced the expansion of the Technology Ministry that served our needs via the use of Zoom and Microsoft Teams and other platforms. We express our gratitude for the services they rendered to us.

4

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2020

The Impact of Covid-19

Whilst under restrictions; there was less use of the church building based on us following government guidelines. We ensured we did our part in stemming the pandemic and being an example in the communities we serve by following the guidelines. When the building was reopened for worship, our committee instructed our members to follow the guidelines laid out by the Government to ensure their safe use. Provision of PPE and other sanitizing agents to protect the congregants were provided and risk assessments were put in place. Realizing the financial effects of the pandemic on employment, a hardship fund was set up by our national conference to help members in financial difficulties. This has been very helpful and has been beneficial to in helping those struggling to meet their financial needs.

Another effect of the pandemic has been a huge loss in the income of the local church, this is partially due to congregants not meeting for worship and not all are accustomed to online banking.

As with the society at large, various individuals have suffered emotionally in several ways from the effects of being alone and not being able to interact and express themselves in the manner they are accustomed. Our leaders continue working to meet the needs of our congregants and the local communities, as we look forward to the end of the lock down.

Reserves Policy:

The trustees would like to work towards a situation whereby the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:

to presume the Charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

ON BEHALF OF THE BOARD:

............................................. Pastor A. Garvey Date: 24/10.2021

5

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER REPORT OF THE INDEPENDENT EXAMINERS FOR THE YEAR ENDED 31ST DECEMBER 2020

I report to the trustees on my examination of the accounts for the year ended 31st December 2020.

Responsibilities and basis of report

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect,:

form and content of set out in the Charities (Accounts and Reports) Regulations

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

………………………………

Rolston Allen FCCA

Allen Robyn & Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9DQ

Date: 26/10/2021

6

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020

INCOMING RESOURCES
Notes
Unrestricted
Incoming resources from generated funds
Voluntary Income
2
29,501
RESOURCES EXPENDED
Charitable Activities
3
18,044
Governance Costs
4
2,242
Management Costs
5
8,818
Finance Charges
6
-
TOTAL RESOURCES EXPENDED
29,104
NET INCOME/EXPENDITURE FOR THE YEAR
397
RECONCILIATION OF FUNDS
Total funds brought forward
135,487
TOTAL FUND CARRIED FORWARD
£135,884		 2020
29,501
18,044
2,242
8,818
-
29,104
397
135,487
£135,884		 2019
36,104
20,554
1,834
9,338
-
31,726
4,378
131,109
£135,487		 2019
36,104
20,554
1,834
9,338
-
31,726
4,378
131,109		 2019
36,104
20,554
1,834
9,338
-
31,726

None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2020 and 2019 other than those included in the statement of financial activities.

The notes on pages 8 to 10 form part of these accounts.

7

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31ST DECEMBER 2020

Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
NET CURRENT ASSETS
CREDITORS
Amounts falling due within one year
10
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS/(LIABILTIES)
FUNDS:
Unrestricted Funds
11
TOTAL FUNDS		 Unrestricted
2020
117,016
4,400
16,148
20,548
(1,680)
135,884
£135,884

135,884
£135,884
 2019
121,345
1,900
15,602
£17,502
(3,360)
135,487		 2019

£135,487
135,487

£135,487

The financial statements were approved by the Board of Trustees on…24/10/21…..... and were signed on its behalf by:

…………………………………….

Pastor A. Garvey Date: 24/10/2021

The notes on pages 8 to 10 form part of these accounts.

8

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under historical cost convention and in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 2005) issued in March 2005 and applicable accounting policies adopted in the preparation of the financial statements are as follows:

Accounting convention

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the charity qualifies as a small charity.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Tithes & Offerings

Income from tithes and offerings, is included in incoming resources when these are receivable

Investment Income

Investment income consists of net interest received during the year and accounted for as unrestricted fund.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable activities

Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Church. These include both directly attributable costs and apportioned support costs.

Governance costs

Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support cost.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold Property - 2% on cost Plant and Machinery - 20% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

9

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020

2. VOLULTARY INCOME
Tithes and offerings
Other income
Gift aid
Total incoming resources
3. CHARITABLE ACTIVITIES
Wages Pastor
Donations
Evangelism and Special Events
Ministry & Music Expenses
Travel and Subsistence
Missions
Central Expenses
Books and Journals
Welfare
Youth Ministry
4. GOVERNANCE COSTS
Accountancy Fees
5. SUPPORT COSTS: MANAGEMENT
Insurance
Light and heat
Telephone and internet
Printing, Postage and stationery
Repairs, maintenance and cleaning
Depreciation		 2020
16,826
2,400
10,275
£29,501
2020
6,000
200
-
400
360
1,300
9,100
-
684
-
£18,044
2020
2,242
£2,242
2020
555
2,947
628
100
259
4,329
£8,818		 2019
29,489
1,598
5,017
£36,104		 2019
29,489
1,598
5,017
£36,104		 2019
29,489
1,598
5,017
£36,104
2019
5,280
800
2,479
370
248
1,400
4,300
3,901
1,122
654
£20,554
2019
1,834
£1,834		 2019
1,834
2019
549
2,374
625
136
1,325
4,329
£9,338		 2019
549
2,374
625
136
1,325
4,329

10

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER NOTES TO THE ACCOUNTS - CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2020

6. FINANCE CHARGES
2020
Bank Charges
-
7. STAFF COSTS AND TRUSSTEES EXPENSES
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st December 2020
nor for the year ended 2019.
2020
Wages and Salaries
£6,000
2019
The average number of employees analysed by function :
1
No employee received remuneration of more than £60,000.
8. FIXED ASSETS
Freehold
Property
Plant and
Machinery
COST
Opening and
175,475
11,673
Additions
-
-
Closing balance
175,475
11,673
DEPRECIATION
Opening Balance
55,907
9,896
Charge for the year
3,510
819
Closing balance
59,417
10,715
NET BOOK VALUE
As at 31st December 2020
£116,058
£958
As at 31st December 2019
£119,568
£1,777
9. DEBTORS
2020
Other Debtors
£4,400
10. CREDITORS : Amounts falling due after one year
2020
Trade Creditors
£1,680
11. MOVEMENTS IN FUNDS
Incoming
Resources
Resources
Expended
Unrestricted Funds
General Fund
£29,501
£29,104
2020
General fund for the year
397
General fund brought forward
£135,487
Total funds
£135,884		 2019
-
2019
£5,280
2019
1
Total
187,148
-
187,148
65,803
4,329
70,132
£117,016
£121,345
2019
£1,900
2019
£3,360
Movement		 2019
-
2019
£5,280
2019
1
Total
187,148
-
187,148
65,803
4,329
70,132
£117,016
£121,345
2019
£1,900
2019
£3,360
Movement
in Funds
£397
2019
4,378
£131,109
£135,487

11

CHURCH OF GOD (SEVENTH DAY) GLOUCESTER INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST DECEMBER 2020

Incoming Resources:

Voluntary income:
Tithes and offerings
Other income
Gift aid
Total incoming resources

RESOURCES EXPENDED:
Cost of generating voluntary income
CHARITABLE ACTIVITIES
Wages Pastor
Donations
Evangelism and Special Events
Ministry & Music Expenses
Travel and Subsistence
Missions
Central Expenses
Books and Journals
Welfare
Youth Ministry

GOVERNANCE COSTS
Accountancy Fees
MANAGEMENT COSTS
Insurance
Light and heat
Telephone and internet
Printing, Postage and stationery
Repairs, maintenance and cleaning
Depreciation
FINANCE CHARGES
Bank Charges
Total resources expended
Net expenditure		 2020
£

16,826

2,400
10,275
£29,501
£
6,000
200
-
400
360
1,300
9,100
-
684
-
£18,044
£
2,242
£2,242
555
2,947
628
100
259
4,329
£8,818
-
29,104

£397		 2019
£
29,489
1,598
5,017
36,104
5,280
800
2,479
370
248
1,400
4,300
3,901
1,122
654
20,554
1,834
£1,834
549
2,374
625
136
1,325
4,329
£9,338
-
31,726

£4,378