Registered Charity No. 1100672
27 Stockwell Nottingham Bulwell NG6 8SU Cell: 07920801027
CALVARY FAMILY CHURCH UK TRUSTEES ANNUAL REPORT FOR 2023/24
Calvary Family Church (CFC) UK is steadily growing in membership especially at the head Church in Nottingham. Major programs in the year have included a newly introduced threefold annual meeting arrangement comprising of the annual Theme Launch Conference, Miracle Services as well as a Kingdom Leadership Summit held just after Easter weekend this year followed by a good number of Evangelistic programs around the communities surrounding the Church and all its branches. This year the International headquarters of the Church decided that it was high time the Church revisited some of its annual programs that were bringing a lot of growth as well as vital resources to the Church before the pandemic.
It is good to note that all the planned programs above plus Community Impact projects, departmental fundraising activities, departmental events as well as the usual fundraising on the Church building project were successfully done during the year. From the time the Church s Trustees proposed an aggressive approach of recruiting 100 members of the Church to lead in the building fundraising campaign by committing a specific figure to raise by themselves within a year in order to finalise the process of raising the amount required for the mortgage amount, sixty five percent of the required resources have been raised by the fully committed 42 people under this initiative. The 100 people figure was not fully realised though some people just opted to do a one off donation to the project at this year s Harvest Sunday in the Nottingham Church.
The Trustees of the Church are still looking at more ways of raising the remaining thirty five percent in view of price adjustments that always creep in when such fundraising campaigns have taken long to materialise like it has happened to Calvary Family Church UK in this particular long term project which has gone through a lot of ups and downs from the time it started. However, there is hope at the end of the tunnel considering that the project has been progressing though slowly to reach where it is now. Although 42 people only committed to carry the new proposed initiative, some new partners of the Church and its related ministries are also showing desire to help or solicit more funding for the project from their reliable sources. As such it can be concluded that this long standing project is moving though at times it has been a slow process.
So the Church continues to pay quite a hefty monthly rental fee for this Nottingham building till the time the fundraising initiative will hit its desired target. Once the required mortgage amount is raised, it will mean the monthly rental fees will be dealt away with and the monthly
mortgage fee will be almost half of what the Church is paying as a rental fee now. We hope and pray that this will surely come to pass soon.
Once that is done, our accounts presented on behalf of Nottingham and Manchester Churches will be breaking even or registering good positive balances. At the moment there are slight differences on income and expenditure levels here and there.
....................................... Apostle Dr MP Mbewe Date 16/10/2024 Mie
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CALVARY FAMILY CHURCH UK (NorriNGHAM) REGISTERED CHARITY. NUMBER 110cffjn FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 M ASLAM ACCOUNTANTS
M. ASLAM ACCOUNTANT8 259 MANSFIELD ROAD NOTTINGHAM NG13FT TEL. 011 S 9418038 FAX 011 S 9418043 CALVARY FAMILY CHURCH UK REGISTERED CHARITY, NUMBER 1100672 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 PAGE CONTENTS Trustees, annual report Independent examine¢s report Income and expenditure (receipts & payments) account Balan sheet statement of assets & liabilities Notes to the accounts
CALVARY FAMILY CHURCH UK (NOTTINGHAM) Church nam• C•lvary Famlly Church UK R•gl•l•rnd chirfty numb•r. 111Xfj72 Governlng document The charlty Is operated under the wles of ils constitution daied g October 2003. Tru8tee8 Dr M P Mbewe, President Mr L Chilinkhwambe. Secretary Dr B Chimpango Rev P Thipa Prlnclpal address 27 Stock Well. Butrwell. Nottingham, NG6 8SU Bankers Uoyds TSB, Old Market Square Branth, Nottingham. NG16FD Independent examlner M Aslam Accountants, 259 Mansfield Road, Nottingham, NG13FT Aims and organlsation The objects of the charity are.. The advancement of the Christian religion by worshipping, praising and glorifying of God in all areas of lrfe. The relief of poverty, sicness and distress by such charitable means as the trustees may from ts'me to time determine. Overall management of the charity is the responsibility of the trustees tK) are elected and cNpted under the tenns of the constitijtion. Day to day project actiwty is carried out by members. We dedare, in our ca above and that they of charity ttustees, that the trust&s harfe approved the report ed on their behalr. Signed Apostle M P M President Date - /YIi Signed Mr J W Kanyema Treasurer Date
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CALVARY FAMILY CHURCH UK ENDE EC We report on the accounls of the charily, whlch are 881 out on pag88 four to •ix. REOI8TERED CHARITY, NUM8ER 11110671 Th8 charity's trustees are responsible for the preparation of the accounts. The charit9 trustees consider that 8n audit is not required for this year (under section 14412) of the Ch8ritl8s Act 2011 (the 2011 Act) and that an independent examination is needed. It is our responsibility to.. examine the accounts (under section 145(5){b) of the 2011 Act,. follow the procedures12id down in the general directions given by the Charily Commissioners (under section 145(5)(b) of the 2011 Act: and stale whether particular matters have come to our attention. Basis of independent examinerfs report Our examination was carried oul in accordance wth the general directions given by the Charity Commissioners. 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 ttems or disdosures in the accounts, and seeking explanations from you as trustees conMIng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on th8 view given by the accounts. Independent examinerfs statement In connection with our examinati(. no matter has come to our attention: which gives us reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordan with section 130 of the 2011 Act,. and to prepare accounts which accord with ihe accounting records and comply with the accounting requirements of the 2011 Act. have not been met,. or to which, in our opinion, attention should be dra in order to enable a proper understanding of the accounts to be reached. Signed M Aslam Accountants Certified Public Accountants Date
CALVAR Y FAMIL Y CHURCH UK INOTTINOHAMI IThlEMENT_QEIINANGIALKTIYIT121 IriwftpoRA TINg_INGQME &.EXP. ENPITURE AGGQUNJJ Unr••til¢l•d Fund• D••47n•l•d Fund• pry Fund• 2023 2(rz2 Incomlng R••ourc••.' Fund Rililng Tilhes Offen'ngs Gift Ajd Other Income l Leaders eontrfbutlon CoDlnbutions from other Branche5 N•t R•IPtS from v•ri¢u• Org4nl••tlon8: Income from Youth Minlstry Ne( Income from Womens Ministry Ne( Irscome from Mens Ministry Net Income from Conventions 8uildlng Project 0.704 39,183 8,690 12.374 130 39.237 7.975 22.070 3•.237 7,975 22,070 1,043 1A 3J 1,646 229 218 Total Incoming Resoui 70,5ei 70.561 68,389 Resources Expended Pastors loWance & Nattonal Insuran Rent including hiring of pi¢mlses Administfation Lighting & Heab"ng Hospitality cleaningundes and Gift Donats"ons Church Utilities Taephone & communicotlons Notbngham Cty Council Ratss Transport, Fu81 & Motoring Prints"ng. Postage & Stats"onery Repairs & Renwls 88nk charges I Interest Profèssional Charges 8 Legal Semces Conventions & Conferences Insiuance DepT&iation Repayment l Refund Total Resource Expended 15.375 15.375 14,8eG 37,6SO 2,132 404 230 891 1.184 891 1.184 2.080 2,604 2.255 1.689 1.258 529 34 1.983 2.S93 1,983 2,S93 5,296 76 857 857 280 600 3,268 624 4.967 433 555 433 430 0.080 Net Incomlng l (Outqoingl ReK•vrc 475 475 11,273) MoveTh•nt In Fund• Funds Balance BIF* 11,981 11.981 Fund¥ Balance CIFwd 12.456 27.403 12,456 11.981
('AI,I'AIII' I,'ANIII,I' ('III IRC'II 1114 IN()'I'I'INC:11AM) Ixed A&4ets Tangible Asseis 3,150 2,435 Curttnt Assets Other Assets Bank Cuffent Account 1.453 1,201 Bank Savings Acc l Building Project A¢c 8,477 8,945 Cash in Hand 9,930 10.146 Less: Current Liabilities Bank Overdraft CreditoIs (624) (600) Net Curreot Assetsl (Liabilities) 9?06 9,546 Net Assets 12,456 11,981 Represented by Funds of Calvary Family Churth Unrestricted Funds 12,456 11,981
CALVARY FAMILY CHURCH UK IIIOTTIP40HAMI NQTCS TQ TIIC hCGQUNII A¢cou#ilng Poll¢l•• •a•l• d prnp•r•llon Th••• fiii•ncl•l •i•l•m•nl• hav• b•en prepared undor th8 hlllortc c11 conv•nllon i•Mc•o lof Inv••im•iil• •hown al m•fk81 value) In &¢cordonce Yllh Ihe Flnanclal r8POrtlnG Sl•ndArd lor Sm•ll•f Enlili•8 leff•clive Apnl 20081, Tho Slalement ol Rgcomrnendod Pr8cllc8. Accounling ond Repon9 Chanli•$188ued in March 2005 (the Ch8nti88 SORP 2CK)S) and wilh the Ch8rtti88 Acl 2011. Ba•1• ol rncognltlon and allocatlon of •xpendlturn Expenditure is recognised on an accruals basls as a li8bilily is incurred. Expenditure includes VAT which cannot be recovered and is reporled as part ol Ihe expendllure to which it relale8. Flxed assets. depreclatlon and donated flxod a•8et8 Assets which cost £100 or over are capitslised. Donat8d fixed assets are capitalised at their ests'maled value. Depreaatson is provided at the followng annual rates to write off each asset over its estimated useful lrfe '. Freehold Buildings- 1 % on cost Fixiures, Fittings & Equipment- 15% on cost Motor Vehicles - 20% on cost Taxatlon The Church is recognised as a charity by HM Revenue & Customs and therefore benefits from certain exemptions from taxation on in¢ome and gains, to the extent they are applied for charitable purposes. No tsx charges have arisen in the year. Incomlng resources Restricted funds (incorne and endowment) are funds subject to specffic restrictions imposed by donors or by the purpose of the appeal. The purpose and use of designated, restricted income and endowment funds is set out in the notes to the financial statements. Unrestricted funds consists of the general funds and designated funds. Designated funds are funds established by the committee from time to time for speafic projects or purposes. a not in any way restricted and any Surplus or deficit will be transfetred to l from the general fund when the designated nd is closed. 1A. Net Recelpt from Various Organisations Consist of net cashflow. as per the receipt and payment account attached.
C',11.I'AKI I,'Al¥lll.I' ( IllIR('Ii Iih INI>I-I IN('IIAM) ' Tr'.fvl11 Ir',H Youlh Mlnl t Inisl Women8 Mlnlst Income: General Conlributions 101 Fund Raising 418 Donations 1,710 Gifts Offering 741 Sales l Rental Other Offerings Total Income 101 2,869 Less Payments: General expenses 74 294 Donations 2,000 Hospitality I Welfare 20 122 Transport & Maintenan Church Maintenance Food 2nd Catering 100 Sundries 124 Total Payment 2.640 Net Income l (Loss) 229
CALVARY FAMILY CHURCH UK 2. Pa•torn rnmuneratlon Arreas ol Allowance Rev P Thipa - gross pay Inland Revenue - tax & national insurance Pension 13.790 1.066 529 15,375 13,298 1.129 433 14,860 3. Analysis of rent and hiring of premises Broadgate Properties - Church Offices PC Properties - Renting Of Hall For Church Services 6,600 24,000 30,600 7.150 30,500 37,650 4. Tangible assets Equipments (includes band instruments Net Book Value BIF 3111212022 Additions 2.435 1.270 3.705 2,765 100 2.865 De reciation.. Charge for the year (15% reducing balance) Net Book Value 3111212023 (555) (430) 3,150 2,435 5. Creditors amunts falling due within one year Accountancy Taxes l NIC Other Accruals Including Taxes Other Creditors 624 600 624 600
CALVARY FAMILY CHURCH UK (MANCHESTER) REGISTERED CHARITY, NUM8ER 1100672 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 M ASLAM ACCOUNTANTS
. ASLAM ACCOUNTANT8 259 MANSFIELD ROAD NOTTINGHAM NG13FT TEL 0115 9418038 FAX 0115 9418043 CALVARY FAMILY CHURCH UK- (MANCHESTER) REGISTERED CHARITY. NUMBER 1100672 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 PAGE CONTENTS Trustees, annual report Independent examinerfs report Income and expenditure (receipts & payments) account Balance Sht
CALVAR Y FAIAILY CHUACH UK IMAPICHI•T•III TIIVITECJ, A14NUAL BRPOftT Churnh nan C•lvWy F•mlty Chuth UK •tsv•d eh•rfty numb•r: 11CiIJ72 Gov•rnlng docum•nt Th• chanty Is opernièd under Iho nJl•• ol its constslubon daled 9 Odob•r 21K13 Tru•lw• M P Mb•we. PfBsident Mr L Chilinkhwambe. Se¢ret8ry Dr 8 Chimpango Rev P Thipa Princlpal address 27 Stock Well. 8ulb*ll. Nottingham. NG8 8SU Bankers Uoyds Bank, 4246 Market Street. Manchester. M11 PW Independent examiner M Aslarn Accountants. 259 Mansfield Road. Nottingham, NG13Fr Aims and organisation The objeds of the charity are.. The advancement of the Christian religion by worshipping. praising and glorifying of God in all areas of lrfe. The relief of poverty, sickness and dÉstress by such charitable means as the trustees may from time to time detemiine. Overdll management of the chaiity is the responsibility of the trustees who are elected and COthOPted under Ihe tems of the constituts'on. Day to day project activity is cartied out by members. We dedare, in our capaci al)ove and that they hav of charity trustees. that the trustees have approved the report iton r behalf. Signed Apostle M P Mb President Signed Mr J W Kanyema Treasurer Date
INDEPENOENT EXAMINER'S REPORT TO THE TRUSTEE8 OF CALVARY FAMILY CHURCH UK IMANCHESTERI EC W• report on lh8 aco)unls of the charily. which are 881 oui on p8g88 lour lo •lx ReoMTEREO CHARITY. NUMOER IIQ0672 The chariws trustees are responsible for the preparation of Ihe 8ccoun13. The charity8 Irustees consider Ihal an audit Is not required for th15 year {under section 14412) 01 the Charities Act 2011 (the 2011 Ad) and that an independent examination IS needed. 11 is our responsibility to.. examine the accounts (under section 145(5)(b} of the 2011 Ad., follow the procedures Said down in th8 general directions given by the Charity Commissioners (under section 14515){b} of the 2011 Ad, and state vthether particular matters have come to our attention. Basis of independent examinerfs report Our examination was carried out in accordance wth the general directions given by the Charity Commissioners An examination includes a review of the accounting recnrds 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 conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and cnnsequently we do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In connection wth our examination, no matter has come to our attention= which gives us reasonable cause to believe that in any material respect the requirements= to keep accounting records in accordan with section 130 of the 2011 Act., and to prepare accounts which attord with the accounting records and comply with the accounting requirements of the 2011 ACL have not been met" or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be aChed. Signed M Aslam Accountants Date
CALVAR Y FAMILY CMUIICH UK IAIAP4CHt•Teii Vnr••lrfd•d Fund• I)m•1 O••Ml•l PyrpD•• Fund• 2022 Fund• 1023 •33T •337 71 2.66• 4n N•1 R•e•lpl¥ From.. 791 10 791 149 Yf 14Ag9 Irrt>Jmiry Re>Jur 11584 12184 Resourtss Expended 200 200 Rent Iu.j hirkng Administrdi 3.905 4.158 432 553 553 410 HcKsptsfftylWdWe ¢INn9 4 Sundries Chwch E¥ertslCtinnt 293 293 1181 419 170 170 1178 TraIrt. Fuel & MfknrJ Piinb"ro, Postage & Statirywy Repirs & RenwqL ProtWiLY01 ¢hS & leg4 8WVWS ti01 l Ndtir¥trom SOS 432 432 432 2h70 7S2 724 724 1.073 Total Resourn Expended Net lrtomlrvJ Ioutgolngl Resources b•ftretrnnsfvr 11.478) 1,478 14•1 Movwnenf In FuThJ$ 113561 Funds Ba*e FIF1 Funds B•1an¢eCIFI
CALVAAY PAMIL Y CHURCH UK IMANCHI•TIIII A•••t• Cyrnnl A•th• 8•nl Cufr•nl Accounl 8•nk SOng$ Accounl C•Jh In Hand 40,999 47.223 L••s" Curr•nt LlablllU•s Bank Overdraft Cr•dito 14321 N•t Curnint Ass•tsl (Llabilitiès) 46.791 50.897 N•t Assets Represented by Funds of Cafvary Family Church UThrestrictsd Funds- General 9,898 Restricted Funds Totsl Funds
CALVARY FAMILY CHUACH UK IMANCHE8TERI Accouniing Pollcl•• 8••1• of pr•par•llon Th•s• finandal slalemenls have been prepared under the hlstorlc cost conv8nllon {•xcepl for Invesimenis shown 81 market value) in accordance with the Financial reporting Standard for Sm811or Enlilies ieffeclive Apnl 2008). The Slalemenl ol Recommended Practice.. Accouniing and Reporting by Chanties Issued in March 2005 (Ih8 Charities SORP 20051 and with the Chanties Act 2011. 8481• of r•cognltlon and allocatlon of expendllurn Expenditure is recognised on an accruals basis as a liability is incurred. Expendrture indudes VAT which cannot be recovered and is reported as part of the expenditure to which rt relates. Flxed assets, depreciation and donated fixed assets Assets which cost £100 or over are capitalised. Donated fed assets are capitalised at their estimated value. Depreciatson is provided at the following annual rates to WTite off each asset over its estimated useful life Freehold Buildings - 1 OA on cost Fixtures, Frttings & Equipment - 15% on cost Motor Vehides - 200h on cost Taxation The Church is recognised as a charity by HM Revenue & Customs and therefo benefits from cartain exemptions from taxation on income and gains, to the exient they are applied for charitable purposes. No tax charges have arisen in the year. Incoming resources Restricted funds (income and endort) are funds subj.ed to specific restrictions imposed by donors or by the purpose of the appeal. The purpose and use of designated. restricted income and endowment funds is set out in the notes to the financial statements. Unrestricted funds consists of the general funds and deSnated funds. Designated funds are funds eslablished by the committee from time to time for speafic projects or purposes. are not in any way restricted and any surplus or defi(it will be transferred to I from the general fund when the designated fund is dosed.
CALVARY FAMILY CHURCH UK (MANCHESTER) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Funds All funds of Calvary Family Church UK (Manchester) are unrestricted. During the year. unrestrided funds amounting to £15,388 was transferred to designated fund, known as Churth Development Account. The purpose of the fund is for future development of specific church activitites.
CALVARY FAMILY CHURCH UK (NorriNGHAM) REGISTERED CHARITY. NUMBER 110cffjn FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 M ASLAM ACCOUNTANTS
M. ASLAM ACCOUNTANT8 259 MANSFIELD ROAD NOTTINGHAM NG13FT TEL. 011 S 9418038 FAX 011 S 9418043 CALVARY FAMILY CHURCH UK REGISTERED CHARITY, NUMBER 1100672 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 PAGE CONTENTS Trustees, annual report Independent examine¢s report Income and expenditure (receipts & payments) account Balan sheet statement of assets & liabilities Notes to the accounts
CALVARY FAMILY CHURCH UK (NOTTINGHAM) Church nam• C•lvary Famlly Church UK R•gl•l•rnd chirfty numb•r. 111Xfj72 Governlng document The charlty Is operated under the wles of ils constitution daied g October 2003. Tru8tee8 Dr M P Mbewe, President Mr L Chilinkhwambe. Secretary Dr B Chimpango Rev P Thipa Prlnclpal address 27 Stock Well. Butrwell. Nottingham, NG6 8SU Bankers Uoyds TSB, Old Market Square Branth, Nottingham. NG16FD Independent examlner M Aslam Accountants, 259 Mansfield Road, Nottingham, NG13FT Aims and organlsation The objects of the charity are.. The advancement of the Christian religion by worshipping, praising and glorifying of God in all areas of lrfe. The relief of poverty, sicness and distress by such charitable means as the trustees may from ts'me to time determine. Overall management of the charity is the responsibility of the trustees tK) are elected and cNpted under the tenns of the constitijtion. Day to day project actiwty is carried out by members. We dedare, in our ca above and that they of charity ttustees, that the trust&s harfe approved the report ed on their behalr. Signed Apostle M P M President Date - /YIi Signed Mr J W Kanyema Treasurer Date
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CALVARY FAMILY CHURCH UK ENDE EC We report on the accounls of the charily, whlch are 881 out on pag88 four to •ix. REOI8TERED CHARITY, NUM8ER 11110671 Th8 charity's trustees are responsible for the preparation of the accounts. The charit9 trustees consider that 8n audit is not required for this year (under section 14412) of the Ch8ritl8s Act 2011 (the 2011 Act) and that an independent examination is needed. It is our responsibility to.. examine the accounts (under section 145(5){b) of the 2011 Act,. follow the procedures12id down in the general directions given by the Charily Commissioners (under section 145(5)(b) of the 2011 Act: and stale whether particular matters have come to our attention. Basis of independent examinerfs report Our examination was carried oul in accordance wth the general directions given by the Charity Commissioners. 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 ttems or disdosures in the accounts, and seeking explanations from you as trustees conMIng any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on th8 view given by the accounts. Independent examinerfs statement In connection with our examinati(. no matter has come to our attention: which gives us reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordan with section 130 of the 2011 Act,. and to prepare accounts which accord with ihe accounting records and comply with the accounting requirements of the 2011 Act. have not been met,. or to which, in our opinion, attention should be dra in order to enable a proper understanding of the accounts to be reached. Signed M Aslam Accountants Certified Public Accountants Date
CALVAR Y FAMIL Y CHURCH UK INOTTINOHAMI IThlEMENT_QEIINANGIALKTIYIT121 IriwftpoRA TINg_INGQME &.EXP. ENPITURE AGGQUNJJ Unr••til¢l•d Fund• D••47n•l•d Fund• pry Fund• 2023 2(rz2 Incomlng R••ourc••.' Fund Rililng Tilhes Offen'ngs Gift Ajd Other Income l Leaders eontrfbutlon CoDlnbutions from other Branche5 N•t R•IPtS from v•ri¢u• Org4nl••tlon8: Income from Youth Minlstry Ne( Income from Womens Ministry Ne( Irscome from Mens Ministry Net Income from Conventions 8uildlng Project 0.704 39,183 8,690 12.374 130 39.237 7.975 22.070 3•.237 7,975 22,070 1,043 1A 3J 1,646 229 218 Total Incoming Resoui 70,5ei 70.561 68,389 Resources Expended Pastors loWance & Nattonal Insuran Rent including hiring of pi¢mlses Administfation Lighting & Heab"ng Hospitality cleaningundes and Gift Donats"ons Church Utilities Taephone & communicotlons Notbngham Cty Council Ratss Transport, Fu81 & Motoring Prints"ng. Postage & Stats"onery Repairs & Renwls 88nk charges I Interest Profèssional Charges 8 Legal Semces Conventions & Conferences Insiuance DepT&iation Repayment l Refund Total Resource Expended 15.375 15.375 14,8eG 37,6SO 2,132 404 230 891 1.184 891 1.184 2.080 2,604 2.255 1.689 1.258 529 34 1.983 2.S93 1,983 2,S93 5,296 76 857 857 280 600 3,268 624 4.967 433 555 433 430 0.080 Net Incomlng l (Outqoingl ReK•vrc 475 475 11,273) MoveTh•nt In Fund• Funds Balance BIF* 11,981 11.981 Fund¥ Balance CIFwd 12.456 27.403 12,456 11.981
('AI,I'AIII' I,'ANIII,I' ('III IRC'II 1114 IN()'I'I'INC:11AM) Ixed A&4ets Tangible Asseis 3,150 2,435 Curttnt Assets Other Assets Bank Cuffent Account 1.453 1,201 Bank Savings Acc l Building Project A¢c 8,477 8,945 Cash in Hand 9,930 10.146 Less: Current Liabilities Bank Overdraft CreditoIs (624) (600) Net Curreot Assetsl (Liabilities) 9?06 9,546 Net Assets 12,456 11,981 Represented by Funds of Calvary Family Churth Unrestricted Funds 12,456 11,981
CALVARY FAMILY CHURCH UK IIIOTTIP40HAMI NQTCS TQ TIIC hCGQUNII A¢cou#ilng Poll¢l•• •a•l• d prnp•r•llon Th••• fiii•ncl•l •i•l•m•nl• hav• b•en prepared undor th8 hlllortc c11 conv•nllon i•Mc•o lof Inv••im•iil• •hown al m•fk81 value) In &¢cordonce Yllh Ihe Flnanclal r8POrtlnG Sl•ndArd lor Sm•ll•f Enlili•8 leff•clive Apnl 20081, Tho Slalement ol Rgcomrnendod Pr8cllc8. Accounling ond Repon9 Chanli•$188ued in March 2005 (the Ch8nti88 SORP 2CK)S) and wilh the Ch8rtti88 Acl 2011. Ba•1• ol rncognltlon and allocatlon of •xpendlturn Expenditure is recognised on an accruals basls as a li8bilily is incurred. Expenditure includes VAT which cannot be recovered and is reporled as part ol Ihe expendllure to which it relale8. Flxed assets. depreclatlon and donated flxod a•8et8 Assets which cost £100 or over are capitslised. Donat8d fixed assets are capitalised at their ests'maled value. Depreaatson is provided at the followng annual rates to write off each asset over its estimated useful lrfe '. Freehold Buildings- 1 % on cost Fixiures, Fittings & Equipment- 15% on cost Motor Vehicles - 20% on cost Taxatlon The Church is recognised as a charity by HM Revenue & Customs and therefore benefits from certain exemptions from taxation on in¢ome and gains, to the extent they are applied for charitable purposes. No tsx charges have arisen in the year. Incomlng resources Restricted funds (incorne and endowment) are funds subject to specffic restrictions imposed by donors or by the purpose of the appeal. The purpose and use of designated, restricted income and endowment funds is set out in the notes to the financial statements. Unrestricted funds consists of the general funds and designated funds. Designated funds are funds established by the committee from time to time for speafic projects or purposes. a not in any way restricted and any Surplus or deficit will be transfetred to l from the general fund when the designated nd is closed. 1A. Net Recelpt from Various Organisations Consist of net cashflow. as per the receipt and payment account attached.
C',11.I'AKI I,'Al¥lll.I' ( IllIR('Ii Iih INI>I-I IN('IIAM) ' Tr'.fvl11 Ir',H Youlh Mlnl t Inisl Women8 Mlnlst Income: General Conlributions 101 Fund Raising 418 Donations 1,710 Gifts Offering 741 Sales l Rental Other Offerings Total Income 101 2,869 Less Payments: General expenses 74 294 Donations 2,000 Hospitality I Welfare 20 122 Transport & Maintenan Church Maintenance Food 2nd Catering 100 Sundries 124 Total Payment 2.640 Net Income l (Loss) 229
CALVARY FAMILY CHURCH UK 2. Pa•torn rnmuneratlon Arreas ol Allowance Rev P Thipa - gross pay Inland Revenue - tax & national insurance Pension 13.790 1.066 529 15,375 13,298 1.129 433 14,860 3. Analysis of rent and hiring of premises Broadgate Properties - Church Offices PC Properties - Renting Of Hall For Church Services 6,600 24,000 30,600 7.150 30,500 37,650 4. Tangible assets Equipments (includes band instruments Net Book Value BIF 3111212022 Additions 2.435 1.270 3.705 2,765 100 2.865 De reciation.. Charge for the year (15% reducing balance) Net Book Value 3111212023 (555) (430) 3,150 2,435 5. Creditors amunts falling due within one year Accountancy Taxes l NIC Other Accruals Including Taxes Other Creditors 624 600 624 600
CALVARY FAMILY CHURCH UK (MANCHESTER) REGISTERED CHARITY, NUM8ER 1100672 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 M ASLAM ACCOUNTANTS
. ASLAM ACCOUNTANT8 259 MANSFIELD ROAD NOTTINGHAM NG13FT TEL 0115 9418038 FAX 0115 9418043 CALVARY FAMILY CHURCH UK- (MANCHESTER) REGISTERED CHARITY. NUMBER 1100672 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 PAGE CONTENTS Trustees, annual report Independent examinerfs report Income and expenditure (receipts & payments) account Balance Sht
CALVAR Y FAIAILY CHUACH UK IMAPICHI•T•III TIIVITECJ, A14NUAL BRPOftT Churnh nan C•lvWy F•mlty Chuth UK •tsv•d eh•rfty numb•r: 11CiIJ72 Gov•rnlng docum•nt Th• chanty Is opernièd under Iho nJl•• ol its constslubon daled 9 Odob•r 21K13 Tru•lw• M P Mb•we. PfBsident Mr L Chilinkhwambe. Se¢ret8ry Dr 8 Chimpango Rev P Thipa Princlpal address 27 Stock Well. 8ulb*ll. Nottingham. NG8 8SU Bankers Uoyds Bank, 4246 Market Street. Manchester. M11 PW Independent examiner M Aslarn Accountants. 259 Mansfield Road. Nottingham, NG13Fr Aims and organisation The objeds of the charity are.. The advancement of the Christian religion by worshipping. praising and glorifying of God in all areas of lrfe. The relief of poverty, sickness and dÉstress by such charitable means as the trustees may from time to time detemiine. Overdll management of the chaiity is the responsibility of the trustees who are elected and COthOPted under Ihe tems of the constituts'on. Day to day project activity is cartied out by members. We dedare, in our capaci al)ove and that they hav of charity trustees. that the trustees have approved the report iton r behalf. Signed Apostle M P Mb President Signed Mr J W Kanyema Treasurer Date
INDEPENOENT EXAMINER'S REPORT TO THE TRUSTEE8 OF CALVARY FAMILY CHURCH UK IMANCHESTERI EC W• report on lh8 aco)unls of the charily. which are 881 oui on p8g88 lour lo •lx ReoMTEREO CHARITY. NUMOER IIQ0672 The chariws trustees are responsible for the preparation of Ihe 8ccoun13. The charity8 Irustees consider Ihal an audit Is not required for th15 year {under section 14412) 01 the Charities Act 2011 (the 2011 Ad) and that an independent examination IS needed. 11 is our responsibility to.. examine the accounts (under section 145(5)(b} of the 2011 Ad., follow the procedures Said down in th8 general directions given by the Charity Commissioners (under section 14515){b} of the 2011 Ad, and state vthether particular matters have come to our attention. Basis of independent examinerfs report Our examination was carried out in accordance wth the general directions given by the Charity Commissioners An examination includes a review of the accounting recnrds 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 conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and cnnsequently we do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In connection wth our examination, no matter has come to our attention= which gives us reasonable cause to believe that in any material respect the requirements= to keep accounting records in accordan with section 130 of the 2011 Act., and to prepare accounts which attord with the accounting records and comply with the accounting requirements of the 2011 ACL have not been met" or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be aChed. Signed M Aslam Accountants Date
CALVAR Y FAMILY CMUIICH UK IAIAP4CHt•Teii Vnr••lrfd•d Fund• I)m•1 O••Ml•l PyrpD•• Fund• 2022 Fund• 1023 •33T •337 71 2.66• 4n N•1 R•e•lpl¥ From.. 791 10 791 149 Yf 14Ag9 Irrt>Jmiry Re>Jur 11584 12184 Resourtss Expended 200 200 Rent Iu.j hirkng Administrdi 3.905 4.158 432 553 553 410 HcKsptsfftylWdWe ¢INn9 4 Sundries Chwch E¥ertslCtinnt 293 293 1181 419 170 170 1178 TraIrt. Fuel & MfknrJ Piinb"ro, Postage & Statirywy Repirs & RenwqL ProtWiLY01 ¢hS & leg4 8WVWS ti01 l Ndtir¥trom SOS 432 432 432 2h70 7S2 724 724 1.073 Total Resourn Expended Net lrtomlrvJ Ioutgolngl Resources b•ftretrnnsfvr 11.478) 1,478 14•1 Movwnenf In FuThJ$ 113561 Funds Ba*e FIF1 Funds B•1an¢eCIFI
CALVAAY PAMIL Y CHURCH UK IMANCHI•TIIII A•••t• Cyrnnl A•th• 8•nl Cufr•nl Accounl 8•nk SOng$ Accounl C•Jh In Hand 40,999 47.223 L••s" Curr•nt LlablllU•s Bank Overdraft Cr•dito 14321 N•t Curnint Ass•tsl (Llabilitiès) 46.791 50.897 N•t Assets Represented by Funds of Cafvary Family Church UThrestrictsd Funds- General 9,898 Restricted Funds Totsl Funds
CALVARY FAMILY CHUACH UK IMANCHE8TERI Accouniing Pollcl•• 8••1• of pr•par•llon Th•s• finandal slalemenls have been prepared under the hlstorlc cost conv8nllon {•xcepl for Invesimenis shown 81 market value) in accordance with the Financial reporting Standard for Sm811or Enlilies ieffeclive Apnl 2008). The Slalemenl ol Recommended Practice.. Accouniing and Reporting by Chanties Issued in March 2005 (Ih8 Charities SORP 20051 and with the Chanties Act 2011. 8481• of r•cognltlon and allocatlon of expendllurn Expenditure is recognised on an accruals basis as a liability is incurred. Expendrture indudes VAT which cannot be recovered and is reported as part of the expenditure to which rt relates. Flxed assets, depreciation and donated fixed assets Assets which cost £100 or over are capitalised. Donated fed assets are capitalised at their estimated value. Depreciatson is provided at the following annual rates to WTite off each asset over its estimated useful life Freehold Buildings - 1 OA on cost Fixtures, Frttings & Equipment - 15% on cost Motor Vehides - 200h on cost Taxation The Church is recognised as a charity by HM Revenue & Customs and therefo benefits from cartain exemptions from taxation on income and gains, to the exient they are applied for charitable purposes. No tax charges have arisen in the year. Incoming resources Restricted funds (income and endort) are funds subj.ed to specific restrictions imposed by donors or by the purpose of the appeal. The purpose and use of designated. restricted income and endowment funds is set out in the notes to the financial statements. Unrestricted funds consists of the general funds and deSnated funds. Designated funds are funds eslablished by the committee from time to time for speafic projects or purposes. are not in any way restricted and any surplus or defi(it will be transferred to I from the general fund when the designated fund is dosed.
CALVARY FAMILY CHURCH UK (MANCHESTER) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Funds All funds of Calvary Family Church UK (Manchester) are unrestricted. During the year. unrestrided funds amounting to £15,388 was transferred to designated fund, known as Churth Development Account. The purpose of the fund is for future development of specific church activitites.