1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31/12/2021
| 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH | 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH | 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH |
|---|---|---|
| STATEMENT OF FINANCIAL ACTIVITIES | ||
| FOR THE YEAR ENDED 31/12/2021 | ||
| Income | FY 2021 | FY 2020 |
| Income | ||
| Tithe & Ofering | £43,215 | £35,768 |
| Deposit interest | £33 | £463 |
| Other | £376 | £4,369 |
| CD, Books & Bible (Book Shop) | £950 | £3,250 |
| Gi�s | ||
| Suspense | -£143 | |
| Commission | ||
| Total income | £44,574 | £43,707 |
| Expenditure: | ||
| Rent (Church) | £11,289.16 | £10,484 |
| Dona�ons/Charity | £6,035.00 | £15,980 |
| Deposits Refund | £4,369.00 | £0 |
| Choir Ministry | £4,046.11 | £0 |
| Children Ministry | £3,971.78 | £2,850 |
| Guest Speakers + Conferences & Training | £3,734.71 | £500 |
| CD, Books & Bible (Book Shop) | £886.80 | £0 |
| UK Ethio Eritrean Alliance | £150.00 | £0 |
| Eritrean Euro Fellowship (Membership) | £100.70 | £0 |
| Miscellaneous Expenses | £98.00 | £13 |
| Media Ministry | £81.19 | £3,817 |
| Summer Church Trip | £0.00 | £0 |
| Prayer & Fas�ng Expenses | £0.00 | £196 |
| Rent (West London Bible Study Rent) | £0.00 | £0 |
| Church Mee�ng Expenses | £0.00 | £606 |
| Cargo Expenses | £0.00 | £0 |
| Deprecia�on of Music and music equipment | ||
| Total Expense | £34,762.45 | £34,446 |
| Net Income for the year | £9,811 | £9,261 |
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| 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH | 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH | 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH | 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH | 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH |
|---|---|---|---|---|
| STATEMENT OF FINANCIAL ACTIVITIES | ||||
| FOR THE YEAR ENDED 31/12/2021 | ||||
| FY 2021 | FY 2020 | |||
| Fixed Assets | ||||
| Music and Ofce equipment | £0 | £0 | ||
| Total | £0 | £0 | £0 | £0 |
| Current Asset | ||||
| Deposit Account | £334,352 | £334,319 | ||
| Current Account | £19,912 | £10,134 | ||
| Interest | £33 | |||
| Other | £0 | £0 | ||
| Total | £354,298 | £0 | £344,453 | £0 |
| Less: | ||||
| Current Liability | ||||
| £0 | £0 | |||
| Total | £0 | £0 | £0 | £0 |
| Net Current Asset | £354,298 | £0 | £344,453 | £0 |
| Net Asset | £354,298 | £0 | £344,453 | £0 |
| Funds | £0 | £0 | £0 | £0 |
| General Purpose Funds | £354,298 | £0 | £344,453 | £0 |
HEBRON APOSTOLIC AND PROPHETIC CHURCH
Notes to the accounts for the year ended 3 ~~1~~ st of December 2021
1. Accounting Policies
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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
| FIXED ASSETS | FIXED ASSETS | FIXED ASSETS |
|---|---|---|
| 1100316 - HEBRON APOSTOLIC AND PROPHETIC CHURCH | ||
| FIXED ASSETS 2018 | ||
| FOR THE YEAR ENDED 31/12/2021 | ||
| FIXED ASSETS | FY 2020 | FY 2019 |
| Cost | £0 | £0 |
| Addi�ons | £0 | £0 |
| Disposal | £0 | £0 |
| Balance | £0 | £0 |
| Accumulated Deprecia�on | £0 | £0 |
| Deprecia�on provide in the year | £0 | £0 |
| Balance | £0 | £0 |
| NBV | £0 | £0 |
HEBRON APOSTOLIC AND PROPHETIC CHURCH
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Audit Exemption Statement
For the year ending 3 ~~1~~ st of December 2021 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 Trustees commi�ee
Hebron Apostolic and Prophetic Church
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Annual Report for the Year to 3 ~~1~~ st of December 2021
The members of the Trustee during the Year:
-
Haile Kidanemariam
-
Semere Kibrom
-
Solomon Meheretab
-
Ghirmay Mahari
Managing members are elected every three years, with the officers being elected from the members of the church. The annual general mee�ng is held in December.
Object, Organiza�on and ac�vi�es
The charity is established to advance religion (Chris�anity).
The church meets twice a week every Saturday and Sunday at Clapham Bap�st Church Wandsworth Road London SW4 0PB.
Review of Progress and achievements
The church is organized independent associa�on with the management group elected every three years. Our ac�vi�es 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 a�ached financial statement shows the state of the finance which the management commi�ee consider to be sound and true.
Audit Exemp�on Statement
For the year ending 31st of December 2021 the company was en�tled to exemp�on from audit under sec�on 447 of the Companies Act 2006 rela�ng to small companies.
The members have not required the company to obtain an audit in accordance with sec�on 476 of the Companies Act 2006.
Haile kidanemariam (Director)
On behalf of management commi�ee
HEBRON APOSTOLIC AND PROPHETIC CHURCH
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AUDITORS REPORT
th The auditors annul review took place on the 2 ~~4~~ of Jan 2022 by the Churches’ Elders Commi�ee.
As the Auditors of the Hebron Apostolic and prophe�c church we have cri�cally examined the informa�on and explana�ons given by the Directors and Finance commi�ee. We have carried out tests of details of the transac�ons and balances, review of minutes of directors mee�ngs and have ques�oned for uncertainty.
In our opinion the judgments made by the directors and accoun�ng policies applied are acceptable. All the policies and procedures for internal controls adapted by the Directors and Finance commi�ee assist in achieving their objec�ve of ensuring the orderly and efficient conduct of the organiza�on, including adherence to internal policies, the safeguarding of the assets, the preven�on and detec�on of fraud and error, the accuracy and competences of the accoun�ng records and the prepara�on of reliable informa�on.
Mr Pastor Simon Kebede
Mr Kidane Kibrom
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