OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-10-31-accounts

Faith Tabernacle

T For the period 1 November 2021 to 31 October 2022

CONTENTS PAGE Legal and Administrative Details Trustees, Report Independent Examiners, Report Statement of Financial Activities Balance Sheet io Notes to the Accounts 11-14

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31ST OCTOBER 2022 Trustees Pastor Kevin Dawkins Antoinette Stapleton Sharma Williams Charity registered Number 1102945 Date of charitable registration 30 March 2004 (Re-registered 27 September 2011) Faith Tabernacle Suite 184 Rye House, 161 High Street Ruislip Middlesex HA4 8JY Principal office Independent examiners Accusafe Ltd - C/0 Good to Give Ltd Bankers Reliance Bank

TRUSTEES. REPORT FOR THE YEARENDED 31ST OCTOBER 2022 The Board of Trustees, who are the trustees for charity law purposes, submit their annual report and the financial statements of Faith Tabernacle for the year ended 31 October 2022. The Board of Trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice [SORP) 'Accounting and Reporting by Charities (revised 2005).. Structurep governance and management The Trustees who have served during the year are set out on page 2 and meet on a regular basis. The Trustees play a primary role in ensuring good governance and functioning of the charity. The Board's role, functions and responsibilities are quite clearly defined. The trustees have ultimate control over all the affairs of the charity. The Charity currently has a strong team ofAdvisory Board members in the UK who have helped to secure financial support and contribute to the future planning of the organisation. Governing document: Faith Tabernacle's Memorandum and articles of association was incorporated on 13th October 2003 and amended by special resolution 29 January 2001. The organisation first registered as a charity on 30tli March 2004 and re-registered on 27 Septernber 2011. Recruitment and appointment of trustees.. The mernbers ofthe General Trustee Board are trustees lor the purposes ofcharity law. New trustees may be appointed by resolution of a rneeting of the trustees. Much of the charity's work focuses upon the promotion of the Christian faith, the prevention or relief of poverty, education and training. The Board of Trustees seeks to ensure that the needs of this group are appropriately reflerted through the diversity of the trustee body. The charity sought to identify those who would be willing to become trustees of the charity and use their own experience to asslst the charity. Iusk Management: We are committed to a policy of identify]'n& monitoring and managing the risks that might adversely affect the activities in which we are involved. In this context, risk is defined as the potential to fail to achieve charity objectives and for loss, financial and reputational, inherent in the environment in which we operate in the nature of the transactions undertaken. The principle risk of the charity has been its dependence on voluntary income. Trustees have initiated various processes to mitigate such risk, so that the charity has sufficient reserve in the event of adverse condition(s].

TRUSTEES. REPORT FOR THE YEAR ENDED 315T OCTOBER 2022 The Trustees have also examined other operational and business risks which they face and confirm that they have taken steps to mitigate significant risks that may arise (where applicable). Publlc Beneflt: The Trustees have complied with the duty in Sertion 4 of the Charities Act 2006 and have paid due regard to public benefit when preparing this report. The benefit provided to the public is consistent with the aims of the charity in UK. Objectives and activities: The principal purpose of the Church is the advancement of the Christian faith The Church may also provide education and training, the prevention or relief of poverty, religious activities and carry out other charitable purposes throughout London. In reviewing the objectives and planning the activities, the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit and, in particular, to its supplementary public benefit guidance on advancing the objectives as set out above. The Trustees consider the current activities as detailed in this report deliver public benefit. The main objertives for the year were- Provide education and training Provide services Provide advocacy, advice and information Other charitable activities Grant Making Policies: The church provides support to members of the congregation (at the discretion of the leadership team) who are in need. Achievements and perforniance: CHURCH ACTIVITIES SUMMARY to 31st October 2022 Vision-"Family Unity Power" Our focus is -"Where your family is our Priority

Faith Tabernacle moved its in person worship services to an online only presence in March 2020. We streamed our services on YouTube, Facebook and on Zoom. We conducted our main Sunday worship services every week, on both YouTube and Facebook. We conducted our prayer meetings weekly on YouTube. We held our Word Empowerment (Bible Study) program weekly on Thursdays on Zoorn. We also held regular family (the church) socials online after Sunday online worship service on Zoom. This was wonderful as it gave an opportunity for those who were being impacted by the isolation of lockdown. to see faces, have conversation and feel supported. It was also a great opportunity for the Pastors to encourage the congregation and also pray for any needs. We gained new members during this period and were able to navigate our in-person processes to online, we taught classes on how to stand as a new believer, taught on who jesus is and how to read the bible and to offer support. Men's Ministry- WMBM (Where the male becomes a man) Our men's ministry also met within the guidelines, for regular meals out and activities such as bowling. This was a great way to maintain the unity ofGod and the love of people through our vision. Women's Ministry- Rubies When lockdown restrictions eased, we began prayer in the park" hosted by our women's ministry department, Rubies. This was held monthly and was a great opportunity for us to pray in the parL meet one another and have fellowship. On 29th October 2022, Rubies organised an afternoon tea afternoon social for all to attend, this was a huge success as it allowed us to reconnert with our members and the family and friends. The Descendants- Youth Ministry We hosted fortnightly online zoom socials, which were very popular, this included games. bringyour meal online, encouragement and prayer. Worship Team Our worship team continued to meet regularly online via Zoom, to pray and encourage one another. Family Day Out In August 2022 a Faith Tabernacle family day trip was organised to Margate. This was hugely successful and gave us the opportunity to meet families and friends of our congregation. We travelled by coach and spent the whole day together, with food, fellowship, and games. This was a great opportunity for unbelievers to see the love of God at work. Praise Night On 28th October 2022, we held a community praise night in-person, this was an opportunityto reconnectwith the communityand our congregation. It was a great success as people began to emerge from the restrictions of the lockdown.

Word Empowerment (Bible Study) Held weekly online on Zoom, this was not restricted to Faith Tabernacle and gave a great opportunity for questions to be answered and faith in God restored. Ministry Team We had a leadership weekend, we took our ministers and senior leaders for a training weekend, where we trained and revisited the vision of Faith Tabernacle, instilling the importance of carrying out our vision. The weekend was our second one and was hugely successful, it allowed for our Senior Pastor and Leaders to get to know our Ministers, the purpose of holding the position as a minister was clearly understood and this, we Found raised moral, drive and passion for the vision and God's people. This was held Ilth -13th August 2022 We also presented 3 new Ministers for training two to be appointed Minister and one to be appointed as an Elder. They will undergo a series of training before being put forniard to be ordained as Minister and Elder. This training commenced August 2022. We believe in advancing the faith of lesus Christ and this also will see the vision of Faith Tabernacle reach the community with the support and servitude ofour Ministers. In-Person Worship service We held an in-person Sundayworship service, on Sunday 15th May 2022. following having worship online since March 2020. This was a great opportunity to connect and meet new members who have joined Faith Tabernacle whilst we were online. Baptism We conducted two baptisn]s during this period, which was awesome as we could see despite the pandemic and despite us being online with our worship services, the work ofministrywas very much alive in Faith Tabernacle and the community. This was initially difficult to navigate as we needed to know the restriction rules, but we are grateful this was able to happen and we witnessed people making the decision in the moment who hadn't planned on getting baptised, make the decision to get baptised.

Notes
Income and Expenditure
Incoming Resources
Incoming resources from voluntary income
2
Other income resources
Resources Expended
3
Cost of generating funds:
Costs of generating voluntary income
Charitable activities:
Outreach
Ministry
Governance costs
Asset Purchases
Total Resources Expended
Net (Outgoing)/ Incoming Resources
Transfers between funds
Net Movement in Funds
Fund balances brought forward at
01 Nov
Fund balances carried forward at
31 Oct
Unrestricted
Funds
£
49,345
-
49,345
23,294
800
13,355
1,814
-
39,263
10,082
-
10,082
42,418
52,500
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
Total
2022
£
49,345
-
49,345
23,294
800
13,355
1,814
-
39,263
10,082
-
10,082
42,418
52,500
Total
2021
£
44,815
-
44,815
17,994
-
-
1,200
-
19,194
25,621
-
25,621
16,797
42,418

Notes to Accounts

The accounts were prepared on income resources and resources expended basis only; therefore, no account was taken of accruals and/or prepayments.

Charity
2022 2021
££
Fixed Assets
Tangible fixed assets
Current Assets
Stock and work in progress
Debtors
Cash at bank and in hand 53,707 43,618
53,707 43,618
Creditors: Amounts falling due
within one year 1,200 1,200
Net Current Assets 52.5077 42,418
Net Assets T 52507 T 42418
Funds
Unrestricted 52,507 42,418
Restricted
T 52507 T 42418

NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST OCTOBER 2022 I. ACCOUNTING POLICIES Basi5 of preparation of financial 5tatement5 The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities [effective April 2008]. The financial staternents have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities, published in December 2005 and applicable accounting standards. Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objective5 of the charity and which have not been designated for other purposes. Restrirted funds are fund5 which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Incomlng resources All incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability. Donated Services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised where there is no financial cost borne by a third party. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Resources expended Expenditure is accounted lor in the period in which it occurs and has been included under expense categories that aggregate all costs For allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocated on a basis consistent with the use of the resources. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. IIIPage

2
Incoming Resources from Voluntary
Income
Tithes
Offerings
Unrestricted
Funds
£
19,852
29,492
49,345
Restricted
Funds
£
-
-
-
Total
2022
£
19,852
29,492
49,345
Total
2021
£
18,030
26,785
44,815
3
Total Resources Expended
Cost of generating funds:
Admin Costs
Bank Charges
Operation Costs
Royalty Fee
Charitable activities:
Outreach
Ministry
Governance costs
Asset Purchases
Breakdown of Costs
Cost of generating funds:
Admin Costs
Charges for ULEZ/CC - Church duties
Church supplies
Emailing service
Hire of venue for Church Service
Insurance
Mac for Church use
Mailing address
Members Gifts
Microsoft email
Musician Fee
Payroll
Petrol
Petty Cash Float
Stationery
Storage equipment
Streaming charge
Text messaging service
ULEZ - Church conference attendance
Website charge
Worship Song software
Zip Van hire for Church
Bank Charges
Staff
Costs
£
8,400
-
-
-
-
-
-
-
-
8,400
Staff
Costs
£
8,400
8,400
Other
£
9,082
260
3,696
1,855
800
13,355
1,814
-
30,863
Other
£
560
399
38
1,313
388
600
410
61
325
140
885
100
108
2,466
238
100
50
370
214
318
9,082
260
Total
2022
£
17,482
260
3,696
1,855
-
800
13,355
1,814
-
39,263
Total
2022
£
560
399
38
1,313
388
600
410
61
325
140
8,400
885
100
108
2,466
238
100
50
370
214
318
17,482
260
Total
2021
£
11,195
260
1,694
1,800
-
3,045
1,200
-
19,194
Total
2021
£
300
89
38
875
288
-
350
280
70
5,600
350
100
80
2,031
150
100
200
180
114
11,195
260

3 Total Resources Expended (continued)

Breakdown of Costs (continued)
Cost of generating funds:
Operation Costs
Church Meeting
Church supplies
Hire of venue for Prayer Meetings
Royalty Fee
Ruach City Church month fee
Tithe donation to Ruach City Church
Charitable activities:
Outreach
Baptism - Charge for PA operator
Community Church trip
Ministry
Church Meeting
Church supplies
Leaders Training
Men Ministry
Prayer Ministry
Prison Ministry
Women Ministry
Youth Ministry
Governance costs
Senior Pastors Support
Trustee training
Governance Costs
Staff
Costs
£
-
-
-
-
-
Other
£
284
1,213
2,200
3,696
1,800
55
1,855
100
700
800
150
83
1,911
3,847
6,645
27
561
131
13,355
1,714
100
-
1,814
Total
2022
£
284
1,213
2,200
3,696
1,800
55
1,855
100
700
800
150
83
1,911
3,847
6,645
27
561
131
13,355
1,714
100
-
1,814
Total
2021
£
100
594
1,000
1,694
1,800
-
1,800
-
-
-
70
25
800
700
700
-
700
50
3,045
-
-
1,200
1,200