## **THE KIMBANGUIST HOPE OF THE WORLD**
## **K.H.W**
A Registered Charity
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31[ST] MARCH 2022
Charity number: 1098887
## **THE KIMBANGUIST HOPE OF THE WORLD YEAR ENDED 31[ST] MARCH 2022**
## **Registered Charity Number** : 1098887
## **Principal address:**
MANOR GARDENS CENTRE 6 - 9 MANOR GARDENS LONDON N7 6LA
## **Trustees:**
Mr Kunga Kongo Emawoyi Ms Jaki Ekila Mr Musenge Kasereka Mr Brad Limpanga Mr Mboyo Adema Iyefa
## **Governing document:**
The charity is operated under the rules of its constitution.
## **Bankers:**
Barclays Bank PLC Hammersmith London W6 9HY
## **Independent Examiner:**
TACTS Accountant Chartered Certified Accountant 61 Fountains Crescent London N14 6BD
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## **THE KIMBANGUIST HOPE OF THE WORLD**
## **FINANCIAL ACCOUNTS**
## **FOR YEAR ENDED 31[ST] MARCH 2022**
## **CONTENTS**
## **Page**
- **4-7. Trustees report**
## **8. Independent Examination Report**
**9. Statement of Financial Activities**
## **10. Balance Sheet**
## **11. Notes to the Accounts**
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## **THE KIMBANGUIST HOPE OF THE WORLD YEAR ENDED 31[ST] MARCH 2022**
The Kimbanguist Hope of the World (KHW) trustees are pleased to present their annual report and independently examined financial statements for the year ended 31[st] March 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP 2005) (Accounting Standards Charities Act 2011).
## **Trustees and their responsibilities**
Charity trustees are the people who serve on the governing body of a charity. They may be known as trustees, directors, board members, governors or committee members. The principles and main duties are the same in all cases. Trustees have, and must accept, ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity is managed by a board of trustees which is ultimately responsible for all the aspects of the overall management of the organisation. The trustees meet on a regular basis to conduct the business of the organisation and review progress.
## **About the Kimbanguist Hope of the World**
This annual report has been produced to keep our partners up to date on our work and futures plans. We hope it will be of value to the local authorities, Services providers, Funders, Services Users and other sister Community organisations we network with as well as Health Authorities and the general public.
The Kimbanguist Hope of the World was constituted as a charitable organisation on 6[th] August 2003 to relieve community members from the Democratic Republic of Congo who are in need for reasons of poverty, sickness, and distress and to advance their education.
The Kimbanguist Hope of the World operates United Kingdom wide with plans to develop activities in the Democratic Republic of Congo.
The guiding principles of the organisation are:
- to promote education or training;
- to reduce unemployment;
- to promote health issues;
- to work with members of our community whose full participation in society is limited by economic and social disadvantage;
- to encourage and enable members of our community to collectively play an active role in the development and the renewal of our community;
- to provide means by which members of our community can achieve their goals by:
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Identifying new community needs and developing initiatives for meeting them
Promoting partnership between our organisation, statutory and voluntary sectors and other community organisation in the delivery of services
Providing this support in a cultural way and with particular values; working with members of our community and other groups and communities in a flexible open way and challenging inequalities.
## **2. Aims, Objectives and Activities**
## **Information Service and advice**
A community newsletter was produced in order to inform members of our community about our activities and about any governmental changes that might affect their lives. A variety of subject matters affecting refugees and asylum seekers in general were covered. We have dedicated columns to cover national issues, local matters, community matters, and events and announcement section. The newsletter circulated four times a year.
Summary of issues covered or highlighted in our most recent newsletter publications included:
- Asylum and Immigration bill
- Welfare Reform bill
- Modernising the NHS
- Disabled People’s right to equal services
- Advice on Drug prevention and treatment
- Teenage pregnancy
- Employment new deal and training opportunities for all
- Women issues
- Basic information to HIV / AIDS
Research and information were produced and circulated to members of the community on our mailing list and disposed in our office for other members and partners.
The Project helped to ensure that members of the community understand the many changes occurring in the social services by sending out information, liasing with the project officer and initiating meeting between our community members and commissioners of service providers.
## **Capacity building**
Many thanks to the financial support from our members and other community fund, the Management Committee members and volunteers have been able to undertake a variety of capacity building training intended to improve their skills and ability to run the organisation, and to have a better understanding of their roles and responsibilities.
Other educational initiatives with local professionals during the past year covered subject such as: First step in health promotion courses, multidisciplinary substance misuse and HIV training course, Management Committee Training organised by the Refugee council, Information communication Technology,
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Minutes taking, Administration, Counselling skills, Health and Social Care Training.
## **Health**
We have managed to address specific health issues within our community:
1. Preparing useful health information including HIV/AIDS and distribute it to members of the community
2. Organising community focus group discussions on health issues for parents and young people
3. Liasing with health agencies and statutory organisation to address the specific health needs of members of our community
## **Youth Activities**
Activities intended to promote the well being of our young people in the community were developed thanks to the financial support from local organisations in London. We managed to organise seminars that invited the participation of young people from the Kimbanguist Church and from the overall community of the Congolese people and others. These seminars raised the awareness of our young people of the many opportunities that are available to them and of the ways they can access them. Discussions were also conducted around issues affecting our young people with careful consideration on the way they affect individual lives of young people. A few of these issues included education, health, social exclusion and isolation, training opportunities, substances misuse. These activities enabled our young people to acquire a level of understanding where they could positively make use of these opportunities to improve their conditions of life. Information about youth services and other social activities for young people were provided.
An African Youth Music Forum was also organised with learning activities to give our young people the opportunity to learn new skills and improve their music skills. This also helped them to explore their culture and tradition.
## **Planning for the future**
In the year 2022/2023, we plan to consolidate the existing services and other project activities depending on the situation with the COVID 19 effect:
- The Advice and Information service
- The Community Access to Information Communication Technology Programme
- The Family Learning Scheme
- The Community Health Improvement Activities
- Youth Projects
Consolidation of existing services and other project activities triggers put the demand high on funding. Future plans to maximize funding for the organisation remain a key service priority. With this regard, the Kimbanguist Hope of the World would like to thank in advance all funding bodies who would be interested in supporting the organisation’s activities in whatever from this may be.
## **Funding**
We are grateful for the support from our members contribution.
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We have been able to claim gift aid in this financial year. This has enabled us to meet our objectives. We thank all our donors for their valuable contributions.
## **Reserves policy and Going Concern**
The Board has assessed the charity’s requirements for reserves in the light of the main risks to the organisation. As a result, the Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level which ensures that The KHW core activity could continue during a period of unforeseen difficulty. The target reserve amount represents at least 6 months’ (26 weeks) expenditure and will be reviewed annually.
## **Risk Management**
The trustees have a risk management strategy which comprises:
● an annual review of the principal risks and uncertainties that the charity undertakes.
● the establishment of policies, systems and procedures to mitigate those risks identified in the annual review; and
● the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.
The Trustees constantly review risks relevant to the charity. Any risks identified are reported to the Trustees and decisions made on how to minimise risk.
## **Volunteers**
The charity relied a great deal on volunteers to perform a variety of tasks. Around 20 volunteers helped in this financial year.
## **On BEHALF OF THE TRUSTEES**
**Kunga Kongo Emawoyi Chairman 16/06/2022**
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## **Independent examiner’s report to the trustees of The Kimbanguist Hope of the World.**
I report on the accounts of the Trust for the year ended 31[st] March 2022, which are set out on pages 9 to 12.
## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity
- Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with
- the accounting requirements of the 2011 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.
Date: 16[th] June 2022
Chartered Certified Accountant TACTS Limited, 61 Fountains Crescent, London, N14 6BD
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|**THE KIMBANGUIST HOPE OF THE WORLD**|**THE KIMBANGUIST HOPE OF THE WORLD**|**THE KIMBANGUIST HOPE OF THE WORLD**|||
|---|---|---|---|---|
|**INCOME AND EXPENDITURE**|**FOR THE PERIOD ENDING 31ST MARCH 2022**||||
||**Unrestricted**|**Restricted**|**Total**|**Total**|
||**Funds**|**Funds**|**Funds**|**Funds**|
||||**2022**|**2021**|
||**£**|**£**|**£**|**£**|
|**INCOMING RESOURCES**|||||
|Donation|61,889|-|61,889|48,544|
|Gift Aid|14,974|-|14,974|9,377|
|**Other Income**|2,732|-|2,732|13,461|
|**TOTAL INCOMING RESOURCES**|**79,595**|**-**|**79,595**|**71,382**|
|**RESOUCES EXPENDED**|||||
|**Expenditure in charitable activities**|||||
|Staff Cost and Tutors|21,534|-|21,534|20,906|
|Parish|6,896|-|6,896|6,695|
|Workshops and Activities|6,331|-|6,331|6,146|
|PPEs and Covid Sanitations|985|-|985|1,695|
|Rent and Room Hire|9,987|-|9,987|9,946|
|Refreshments|3,631|-|3,631|3,525|
|Volunteer|9,452|-|9,452|9,036|
|Equipment|730|-|730|719|
|Donation and Membership|4,005|-|4,005|3,080|
|General Running Expenses|4,134|-|4,134|3,445|
|Trips and Travel|3,062|-|3,062|3,031|
|Photocopies|2,226|-|2,226|1,825|
|Committee meetings|3,504|-|3,504|2,336|
|Consultancy and Professional fees|1,850|-|1,850|2,100|
|**TOTAL RESOUCES EXPENDED**|**78,324**|**-**|**78,324**|**74,486**|
||||||
|Net Incoming/Outgoing resources|**1,271**|-|**1,271**|**(3,103)**|
||||||
|**FUNDS BROUGHT FORWARD**|**674**|-|**674**|**3,777**|
||||||
|**FUNDS CARRIED FORWARD**|**1,945**|**-**|**1,945**|**674**|
There were no recognised gains or losses for the above period other than those shown in the statement of financial activities for the above financial year. All incoming resources and resources expended are derived from continuing activities.
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## **THE KIMBANGUIST HOPE OF THE WORLD**
## **BALANCE SHEET AT 31 MARCH 2022**
|Notes
**FIXED ASSETS**
**Current Assets**
Cash at Bank and in Hand
**Current Liabilities**
Creditors: Falling due within one year
(10)
Net Assets
**As Represented By:**
Restricted Fund
Unrestricted fund
**Total Funds**|**2022**
**2021**
**£**
**£**
-
-
2,245
974
300
300|
|---|---|
||**1,945**
**674**|
||-
-
1,945
674|
||**1,945**
**674**|
The accounts were approved by the Trustees on **16[th] June 2022** and signed on their behalf by: -
……………………….........
## **Kunga Kongo Emawoyi Chairman**
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## **The Kimbanguist Hope of The World YEAR ENDED 31[ST] MARCH 2022**
## **Notes to the accounts**
## **1. Accounting basis.**
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2008).
The statements have also been prepared in accordance with the Statement of Recommended Practice (SORP) - Accounting and Reporting by Charities SORP 2005 issued in March 2005.
## **Fixed Assets**
The organisation has no fixed assets.
## **2. Cash Flow Statement**
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.
## **3. Income**
Income is recognised in the period to which it relates, unless specified otherwise by the funder. Project funding is, in general, repayable if not expended within the relevant project. Such income is only recognised to the extent that it ceases to be repayable. The income is accounted for on a receivable basis.
## **4. Resource Expended**
Resources expended are included in the Statement of Financial Activities inclusive of VAT which cannot be recovered. Direct charitable expenditure include includes the direct costs of the activities. Where such costs relate to more than one functional cost category, they have been apportioned in line with the direct costs of the relevant service.
## **5. Taxation**
The Kimbanguist Hope of The World is a registered charity and is not liable for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.
## **6. Status**
The Kimbanguist Hope of the World is a registered charity.
## **7. Support Cost**
Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, and governance costs which support the Charity activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 13 below.
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## **8. Staff Costs**
The total Staff Costs and Sessional workers for the year were £21,534 including Tax and National Insurance Contributions for two part time staff in that year. Average numbers of employees were 2 part-time.
None of the employees received emoluments in excess of £60,000 in the year or the previous year.
Trustees are not remunerated.
## **9. Pension costs and other post-retirement benefits**
The organisation does not have a pension scheme.
## **10. Creditors**
|Professional fees|**2022**
**£**
300
**300**|**2021**
**£**
300|
|---|---|---|
|||**300**|
## **11. Debtors**
The Organisation has no debtors.
## **12. Restricted Fund Analysis**
The organisation received, in previous year, £8,990, Covid 19 National Lottery Community Fund for emergency response during the pandemic and the project spent and completed in the same financial year.
No restricted received in this financial year.
## **13. Support and Governance**
|General Running Expenses
Committee meetings
Professional fees
**TOTAL RESOUCES EXPENDED**|**General**
**Support**
**£**
4,134
1,550
**5,684 **|**Governance**
**£**
3,504
300
**3,804 **|**Total**
**£**
**4,134**
**3,504**
**1,850**|
|---|---|---|---|
||||**9,488**|
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