I1￿316- HEBRON APOSTOLIC AND pROPH￿Ic CHURCH STATEMENT OF FINANCIAL ACtIVlTIES FOR THE YEAR ENDED 3VW2020 FY 2020 FY2019 Tithe & Off erinE Deposit Interest Other £55.768 £465 £4,369 £5.250 £58,762 £1,556 £110 CD. Books & Bit)le (Book Shop) Gifts Suspense Commission Tol&l income £1, 394 £0 £0 £0 £61801 £43.707 Rent (Church) Summer Church Trip Gu est Speakers * Conferences & Trai n ing Choir Ministry Prayer & Fasting Expenses Rent (West London Bible Study Rent) Donations/Charity M iscellaneous Expenses Children Ministry Media Ministry Eritrean Euro Fel Iowship (Membership) M eetinE Expenses Cargo Expense UK Ethio Eritrean Alliance £10,484.16 £0. t12,144 £0 E3,218 E6,938 £1,441 £0 £4,936 £451 £2, 348 £0 £60S £0. £196.00 £0. £15,980. £13. £2,850.00 £3,817.00 £606. £o.(M £0. £0. £410 £0 £0 Other Depreiiation of Music and music equipment Total Expense £0 £0 £31493 £34.446.16 Net Income for the year £9,261 £29,309 IIIJ1316- HEBRON APOSTOLIC AND PROpH￿1cCHURCH STATEMENT OF FINANCIAL A￿1v￿lEs FOR THE YEAR ENDED 3VIV2020 FY 1020 FY 2019 F ixed A&5e15 lusic and Office equipment Total £0 Èo Current A55ei Deposit Account Books/CD Shop Account Current Account Total £3Y,319 £0 £10,13L £144,451 £290,359 £9,429 £35,405 £135,192 £0 EO Less: Current Liabil, £0 £0 Total £0 £0 £0 Net Curreni A55et £344,453 £0 £335,192 EO Net A55et £344,453 £0 £335,192 F urK15 £0 £0 £0 EO General Purp)5e FuTrd5 £344,453 £0 £335,192 ## HEBRON APOSTOLIC AND PROPHETIC CHURCH Notes to the accounts for the year ended **31[st] of December 2020** ## 1. Accounting Policies ## A) General The accounts are prepared in accordance with applicable accounting standards and the statement of recommended practice on accounting for charities. ## B) Depreciation policy Provision of Depreciation of Fixed assets of Music and office equipment held for use by the charity made annual rates, calculated to spread the cost (less anticipated residual disposal value) of each asset evenly over its expected useful life. The depreciation rate currently in use all music and office Equipment held for use by the Charity is 25% on the Reducing Balance method. ## 2. Fixed Assets ## c) Music and Office Equipment used by the Charity ## Note: 1 FIXED ASSETS |**1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH**
**FIXED ASSETS**
**FOR THE YEAR ENDED 31/12/2020**|**1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH**
**FIXED ASSETS**
**FOR THE YEAR ENDED 31/12/2020**|**1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH**
**FIXED ASSETS**
**FOR THE YEAR ENDED 31/12/2020**| |---|---|---| |**FIXED ASSETS**|**FY 2020**|**FY 2019**| |Cost|£0|£0| |Additions|£0|£0| |Disposal|£0|£0| |**Balance**|**£0**|**£0**| |||| |Acumulated Depreciation|£0|£0| |Depreciationprovide in theyear|£0|£0| |**Balance**|**£0**|**£0**| |||| |**NBV**|**£0**|**£0**| 3 ## HEBRON APOSTOLIC AND PROPHETIC CHURCH ## **Audit Exemption Statement** _**For the year ending 31[st] of December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.**_ _**Directors’ responsibilities:**_ - _**the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,**_ - _**the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts**_ - _**these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.**_ ## Haile Kidanemariam( Director) On behalf of the management committee 4 ## Hebron Apostolic and Prophetic Church ## **Annual Report for the Year to 31[st] of December 2020** The members of the Trustee during the Year: 1. Haile Kidanemariam 2. Semere Kibrom 3. Solomon Meheretab Managing members are elected every three years, with the officers being elected from the members of the church. The annual general meeting is held in December. ## **Object, Organization and activities** The charity is established to advance religion (Christianity). The church meets twice a week every Saturday and Sunday at Clapham Baptist Church Wandsworth Road London SW4 0PB. ## **Review of Progress and achievements** The church is organized independent association with the management group elected every three years. Our activities include outreach support for older people and the vulnerable with the community. The church membership has increased with an increasing number of young people. ## **Finances** The attached financial statement shows the state of the finance which the management committee consider to be sound and true. ## **Audit Exemption Statement** For the year ending 31[st] of December 2020 the company was entitled to exemption from audit under section 447 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. Haile kidanemariam (Director) On behalf of management committee 5 ## HEBRON APOSTOLIC AND PROPHETIC CHURCH ## AUDITORS REPORT The auditors annul review took place on the **1[st] of May 2020** by the Churches’ Elders Committee. As the Auditors of the Hebron Apostolic and prophetic church we have critically examined the information and explanations given by the Directors and Finance committee. We have carried out tests of details of the transactions and balances, review of minutes of directors meetings and have questioned for uncertainty. In our opinion the judgments made by the directors and accounting policies applied are acceptable. All the policies and procedures for internal controls adapted by the Directors and Finance committee assist in achieving their objective of ensuring the orderly and efficient conduct of the organization, including adherence to internal policies, the safeguarding of the assets, the prevention and detection of fraud and error, the accuracy and competences of the accounting records and the preparation of reliable information. Pastor Simon Kebede (Elders committee Chair) Aklilu Teklu 6