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# REGISTERED COMPANY NUMBER: 4790760 (England and Wales) REGISTERED CHARITY NUMBER: 1099321 

- Report of the Trustees and Financial Statements for the year ended 31 March 2022| For . FULL GOSPEL REVIVAL CENTRE 

) 

Taxassist Accountants 2b Derby Road Ashby de la Zouch _Leicestsershire LE65 2HE 

_- 



## Full Gospel Revival Centre 

## Contents of the Financial Statements Financial| Statements for the year ended 31 March 2022 

||Page|
|---|---|
|Report ofthe Trustees|1to2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|.||
|Balance Sheet|5 to6|
|Notes to the Financial Statements|7to9|
|DetailedStatementofFinancialActivities|10to11|



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2 



## FULL GOSPEL REVIVAL CENTRE : Report of the Trustees Financial Statements for the year ended 31 March 2022 

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities’ issued in March 2005. 

## REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 4790760 (England and Wales) 

Registered Charity number 1099321 

Registered office 2 Collygate Road Meadows Nottingham NG2 2EE 

## Trustees 

Rev S E Thomas Rev H Edwards 

J R Jeffers 

Monica Peddy 

## independent Examiner 

TaxAssist Accountants 

2b Derby Road Ashby de la Zouch 

Leicestershire 

LE65 2HE 

## Bankers TSB Business Banking 

## STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document 

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

## 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 

## Objectives and aims 

The trustees have the pleasure of submitting their report and the financial statements for the year ended 31 March 2021 

Objectives of the charity, principal activities and organisation of our work 

To advance the Christian faith in accordance with the statement of beliefs appearing the schedule hereto in in a) Nottingham and in such other parts of the United Kingdom and the World as the directors from time to time may think fit and other such purposes -which are exclusively charitable according to the Law of Engiand and Wales. 

- b To advance Christian and secular education in Nottingham and in such other part of the United Kingdom and the ) World as the directors from time to time may think fit. 

- c) To relieve persons in need, hardship or distress caused thereby in Nottingham and in other parts of the United Kingdom or the World as the directors from time to time may think fit. 

- d To benefit the local community in the said Nottingham regardless of race, creed, colour, sexual orientation, age, ) religion and disability through the provision of resources to all as the directors may from time to time think fit. 

3 



## FULL GOSPEL REVIVAL CENTRE Report of the Trustees Financial Statements for the year ended 31 March 2022 

## STATEMENT OF TRUSTEES RESPONSIBILITIES 

The trustees (who are also the directors of Full Gospel Revival Centre for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charity SORP; 

- make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume 

- “that the charitable company 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 charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 

## ON BEHALF OF THE BOARD: 

## Signature Howard Edwards Name of Trustee 

. 

Date... cccccseeeeeeeeeeeseeesscenenees 

4 



Independent Examiner's Report to the Trustees of Full Gospel Revival Centre 

## Financial Statements for the year ended 31 March 2022 

## Respective responsibilities of trustees and examiner 

The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is required. 

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 43 of the 1993 Act to follow the procedures laid down in the General Directions given by the Charity Commission 

- “(under Section 43(7)(b) of the 1993 Act); and : 

- _ to state whether particular matters have come to my attention. 

## Basis of the 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 statements 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 386 and 387 of the Companies Act 2006; 

- and to prepare accounts which accord with the accounting records, comply with the accounting 

- - requirements of Sections 394 and 395 of the Companies Act 2006 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. 

## Nigel Starkey ATA MIPA TaxAssist Accountants 2b Derby Road Ashby de la Zouch Leicestershire 

LE65 2HE 

## DT: | 

5 



## FULL GOSPEL REVIVAL CENTRE 

## Statement of Financial Activities At 31 March 2022 


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||||||||
|---|---|---|---|---|---|---|
|Notes|Unrestricted|Restricted|2022|2021|
|funds|funds|Total|Total|
|£|£|funds|funds|
|£|£|
|INCOMING|RESOURCES|
|Incoming|Resources from|generated|funds|2|
|Voluntary income|62,971|0|62,971|124,042|
|Investment income|10,405|10,405|11,157|
|Total|Incoming|resources|73,375|0|73,375|135,199|
|RESOURCES|EXPENDED|
|Charitable|Activities:|
|Gifts|and|Donations|60|0|60|50|
|Other Charitable|purposes|8,435|0|8,435|55,722|
|Governance|Costs|43,225|0|43,225|52,047|
|Total|Resources|Expended|51,719|0|51,719|107,819|
|NET INCOME/(OUTGOING) RESOURCES|21,656|0|21,656|27,379|
|RECONCILIATION|OF|FUNDS|
|Total funds|brought forward|97,218|25,833|123,051|95,672|
|TOTAL FUNDS CARRIED FORWARD|118,874|25,833|144,707|123,051|

**----- End of picture text -----**<br>


The notes form part of these financial statements 

6 



## FULL GOSPEL REVIVAL CENTRE 

## Balance Sheet 

## At 31 March 2022 


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||||||||||
|---|---|---|---|---|---|---|---|---|
|Notes|Unrestricted|Restricted|2022|2021|
|funds|funds|Total|Total|
|£|£|funds|funds|
|£|£|
|FIXED|ASSETS|
|Tangible|assets|6|162,002|162,002|166,702|
|CURRENT ASSETS|
|Cash|in|hand/Bank|81,570|60,431|142,001|129,172|
|Other Debtors|0|0|3,060|
|81,570|60,431|142,001|132,232|
|CREDITORS|
|Amounts|falling due within|one year|-|7|(316)|(63,658)|(63,974)|(316)|
|NET CURRENT ASSETS|81,254|(3,227)|78,027|131,916|
|TOTAL ASSETS|LESS|CURRENT|
|LIABILITIES|243,256|(3,227)|240,029|298,618|
|CREDITORS|
|Amounts falling due|after more than one year|8|(95,322)|(95,322)|(109,236)|
|NET ASSETS|147,934|(3,227)|144,707|189,382|
|FUNDS|9|
|Unrestricted|funds|147,934|123,051|
|Restricted|funds|(3,227)|0|
|TOTAL FUNDS|144,707|123,051|

**----- End of picture text -----**<br>


The notes form part of these financial statements 

7 



## FULL GOSPEL REVIVAL CENTRE Balance Sheet - continued At 31 March 2022 

## The 

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022. 

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006. 

- The trustees acknowledge their responsibilities for (2)) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as 

- (b) at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008). 

The financial statements were approved by the Board of Trustees on were signed on its behalf by: 


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and<br>**----- End of picture text -----**<br>


## Signature Howard Edwards 

Name of Trustees 

The notes form part of these financial statements 

8 



1 ACCOUNTING POLICIES 

## FULL GOSPEL REVIVAL CENTRE 

## Notes to the Financial Statements At 31 March 2022 

## Accounting convention 

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. 

## 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. 

## 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. 

## Tangible fixed assets 

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

Building -2% on cost Plant and Machinery -20% on cost Motor vehicles -25% on cost 

The Building at 117 Bathley Street, NG2 2EE was mortgaged in April 2007 at the value of £230000. It is depreciated on a straight line bases as noted in note 

## 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. 

2 INVESTMENT INCOME 


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2022 2021<br>Bank Interest Received £ £<br>eee154 8<br>3 NET INCOMING/(OUTGOING) RESOURCES<br>2022 2021<br>Net resources are stated after charging/ (crediting): £ £<br>Depreciation - owned assets 4,500 4,500<br>**----- End of picture text -----**<br>


; 

9 



FULL GOSPEL REVIVAL CENTRE 


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## Notes to the Financial Statements - continued At 31 March 2022 

## 4 TRUSTEES’ REMUNERATION AND BENEFITS 

There were no trustees’ remuneration or other benefits for the year ended 31 March 2019 nor for the year ended 31 March 2021. 

## Trustees' Expenses 

There were no trustees’ expenses paid neither for the year ended 31 March 2020 nor for the year ended 31 March 2021. 

|5|STAFFCOSTS|||2022|2021|
|---|---|---|---|---|---|
||;|||£|£|
||Wagesand salaries|||6,154<br>EEE|7,200<br> CO<br>eee|
|6|TANGIBLE FIXEDASSETS|||||
|||,||||
||.|Bullding|Plant and<br>Machinery|Motor<br>_—Vehicles|Totals|
||COST<br>||£|£|£|£|
||At 1 April2021|230,000|35,446|11,061|276,507|
||DEPRECIATION|||||
||At 1 Aprill 31 2021|63,500|35,445|11,060|110,005|
||Chargeforyear|4,500|0|0|4,500|
||At31 March 2022|68,000|35,445|11,060|114,505|
||NET BOOKVALUE|||||
||At31 March 2022|162,000<br>SSCO|1<br>1<br>162,002<br>CO|||
||At31 March 2021|166,700|1|1|166,702|
|7|CREDITORS: AMOUNTS FALLING DUE WITHIN|ONEYEAR||||
|||||2022|2021|
|||||£|£|
||Other creditors|||316|316|
||Accrued expenses|||0|0|
|||||316|316|
|8|CREDITORS: AMOUNTS FALLING DUEAFTERMORE|MORETHAN ONEYEAR||||
|||||2022|2021|
|||||£|£|
||Bank Loan|;||||
|||||25322,|__108,528,|
||Amountsfallingdueinmorethanfiveyears:|||||



- 8 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 

Repayable by instalments: Bank Loan 


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95,322 109,326<br>**----- End of picture text -----**<br>


10 



FULL GOSPEL REVIVAL CENTRE 

## Notes to the Financial Statements - continued At 31 March 2022 

. 

: 


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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Net|
|9|MOVEMENT|IN|FUNDS|At|1/4/21|Movement|At 31/3/22|
|in|Funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|
|97,218|21,656|118,874|
|Restricted|funds|
|Restricted|25,833|0|25,833|
|TOTAL FUNDS|123,051|21,656|144,707|
|t_——— -—S|"+|t=|——|——|---|~~|—_aE|
|Net movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|Resources|Expended|in|Funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|73,375|51,719|21,656|
|Restricted|funds|
|Restricted|0|0|0|
|TOTAL FUNDS|73,375|51,719|21,656|

**----- End of picture text -----**<br>


11 



## FULL GOSPEL REVIVAL CENTRE 

## Detailed Statement of Financial Activities At 31 March 2022 


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|||||||
|---|---|---|---|---|---|
|2022|2021|
|INCOMING|RESOURCES|£|£|
|Voluntary income|
|Gifts,|Tithes & Offering|53,704|46,059|
|Gift Aid Tax|received|765|6,691|
|Building|Fund|1,097|191|
|Community Fund|
|Hiring|of Facilities|539|310|
|Men|Department|
|Utilities|refund|6,775|3,360|
|Sundry Income|90|112|
|62,971|56,723|
|Investment|Income|
|Rent Income|10,250|10,860|
|Bank|Interest|Received|155|297|
|10,405|11,157|
|Total|incoming|resources|73,375|67,880|
|RESOURCES|EXPENDED|
|Charitable|activities|
|Donations|60|50|
|Transportation|200|0|
|Programmes|~|1,470|0|
|Hospitality|660|231|
|Specific|Buiding|improvements|6,045|0|
|8,435|281|
|Governance|costs|
|Staff Costs|6,154|7,200|
|Advertising|&|Marketing|8|
|Light & Heat & Water & Rates|9,444|16,796|
|Telephone|2,494|2,288|
|Printing,|postage & Stationery|765|669|
|Sundry Cost|1,177|200|
|Subscriptions &|Registrations|204|186|
|Insurance|and|license|4,034|4,783|
|legal &|Professional fees|1,678|1,559|
|General|expenses|746|451|
|Repairs|and|Maintenance|4,111|3,688|
|Motor vehicle|Running|cost|769|1,644|
|Office|Equipment|/|IT|860|950|
|Depreciation|4,500|4,500|
|Bank charges|854|1,007|
|Mortgage|Interest|5,435|6,119|
|43,225|52,048|
|Total resources expended|51.659|52,329|
|Net income/(expenditure)|21,716|15,551|

**----- End of picture text -----**<br>


This page does not form part offhe statutory financial statements