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← Faith Tabernacle

2024-10-31-accounts

Registered Charity No - 1102945

FAITH TABERNACLE Trustees’ Report and Accounts For the Year Ended 31 October 2024

CONTENTS PAGE
Legal and Administrative Details 3
Trustees' Report 4
Independent Examiners’ Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10

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REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 OCTOBER 2024

Trustees 1. Rev Kevin Dawkins (Chair)
2. Antoinette Stapleton
3. Sharma Williams
Charity registered Number 1102945
Date of Charitable Registration 30thMarch 2004 (Re-registered 27th
September 2011)
Principal office Faith Tabernacle
Suite 184
Rye House, 161 High Street
Ruislip
Middlesex
HA4 8JY
Independent examiners Accounting Assist Ltd C/o Good to Give Ltd
Bankers Reliance Bank

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 OCTOBER 2024

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[st] October 2024. The Board of Trustees confirms 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).

Structure, governance and management

The 3 Trustees are:

  1. Rev Kevin Dawkins (Chair)

  2. Antoinette Stapleton

  3. Sharma Williams

The Trustees play a primary role in ensuring good governance and functioning of the foundation. The Board’s role, functions and responsibilities are quite clearly defined.

The Charity currently has a strong team of Advisory 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 incorporate on 13[th] October 2003 and amended by special resolution 29[th] January 2004. The organisation first registered as a charity on 30[th] March 2004 and Re-registered on 27[th] September 2011.

Recruitment and appointment of Trustees:

The members of the General Trustee Board are trustees for the purpose of charity law. New trustees maybe appointed by resolution of a meeting of the trustees.

Much of charity’s work focuses upon promotion of Christian Faith, the prevention or relief of poverty, education and training.

The General Trustee Board seeks to ensure that the needs of this group are appropriately reflected 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 assist the charity.

Risk Management:

We are committed to a policy of identifying, 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 principal 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).

The trustees have alco examined other operational and business risks which they face and confirm that they have taken steps to mitigate the significant risks.

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 OCTOBER 2024

Public Benefit:

The Trustees have complied with the duty in Section 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, to its supplementary public guidance on advancing the objective as set out above. The Trustees consider the current activities as detailed in this report deliver public benefit.

The main objectives for the year were:

Grant Making Policies:

The church provides support to members of the congregation (at the discretion of the leadership team) who are in need.

Plans for future periods:

Future priorities are being considered by the Trustees in association with the church leadership team. By this approach it is possible to move forward in a way which builds on current achievement in advancing the Christian faith. The Trustees give thanks to God for what has been achieved so far and, under God’s guiding hand, look to nurture and grow the ministry to meet the needs and aspirations of the Christians in the UK and worldwide.

We, as the Trustees of the Charity who held office at the date of approval of these financial statements as set out on page 3 each confirm, so far as we are aware, that:

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 OCTOBER 2024

Independent Examiner:

The Charity's independent examiner, Anum Hassan, FCCA of Accounting Assist Ltd C/o Good to Give Ltd, have indicated their willingness to offer themselves for appointment.

This report was approved by the Trustees on and signed on their behalf by:

Name: Rev’d Kevin A Dawkins Signature: ………………… Z ok

Date: 5[th] June 2025

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INDEPENDENT EXAMINER`S REPORT FOR THE YEAR ENDED 31 OCTOBER 2024

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FAITH TABERNACLE

I report on the financial statements of the charity for the year ended 31 October 2024 which comprise the Statement of Financial Activities and Balance Sheet with associate notes.

This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my examination work.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Group/District 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 statement below.

Independent Examiner's statement

In connection with my examination, no matter has come to my attention:

Signed: Dated: 06/06/2025 roe Anum Hassan, FCCA

On behalf of Accounting Assist Ltd

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STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income and expenditure account) FOR THE YEAR ENDED 31 OCTOBER 2024

Unrestricted Restricted Total Funds Total Funds
2024 2024 2024 2023
Notes £ £ £ £
Incoming resources
Voluntary Income 2 64,505 - 64,505 46,099
Total Incoming resources 64,505 - 64,505 46,099
Resources expended 3
Cost of Generating Voluntary
Income		 83,556 - 83,556 66,306
Outreach 254 - 254 -
Ministry 4,759 - 4,759 -
Governance costs 1,213 - 1,213 2,716
Total Resources expended 89,782 - 89,782 69,021
Movement in total fund for the
year- Net income / (expenditure) -25,276 - -25,276 (22,922)
For the year
Fund balance brought forward 29,578 - 29,578 52,500
Fund balance carried forward 4,302 - 4,302 29,578

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BALANCE SHEET AS AT 31 OCTOBER 2024

2024 2023
Note £ £ £ £
FIXED ASSETS
Tangible assets - -
CURRENT ASSETS
Debtors - -
Cash at bank 6,604 30,680
6,604 30,680
CREDITORS:amounts falling
due within one year		 2,302 1,102
NET CURRENT ASSETS 4,302 29,578
NET ASSETS 4,302 29,578
CHARITY FUNDS
Unrestricted funds 4,302 29,578
Restricted funds - -
TOTAL FUNDS 4,302 29,578

The financial statements were approved by the Trustees on and signed on their behalf, by:

Nam: Rev’d Kevin A Dawkins

==> picture [145 x 41] intentionally omitted <==

----- Start of picture text -----
Signature: …………………….
Zk
----- End of picture text -----

Date: 5[th] June 2025

The notes on pages 10 – 13 form part of these financial statements

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NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2024

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

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 statements have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005 and applicable accounting standards.

1.2 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds 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.

1.3 Incoming 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.

1.4 Resources expended

Expenditure is accounted for on an accruals basis 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. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the yearend are noted as a commitment but not accrued as expenditure.

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NOTES TO THE FINANCIAL STATEMENT (continued) FOR THE YEAR ENDED 31 OCTOBER 2024

2. VOLUNTARY INCOME

Tithes
Offerings		 Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
21,267
-
21,267
4,138
43,238
-
43,238
41,961
64,505
-
64,505
46,099

3. TOTAL RESOURCES EXPENDED

Cost of generating Funds:
Admin Costs
Bank Charges
Operation Costs
Royalty Fee
Charitable Activities:
Outreach
Ministry
Governance Costs		 Staff Costs
2024
£
Other
2024
£
Total
2024
£
Total
2023
£
26,098
45,891
71,989
40,870
-
330
330
395
-
9,437
9,437
1,859
-
1,800
1,800
2,050
-
254
254
1,085
-
4,759
4,759
20,047
-
1,213
1,213
2,716
26,098
63,684
89,782
69,021

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NOTES TO THE FINANCIAL STATEMENT (continued) FOR THE YEAR ENDED 31 OCTOBER 2024

Breakdown of costs
Cost of generating Funds
Admin Costs:
Charges for ULEZ/CC – Church duties
Emailing Services
Hire of venue for Church Services
Insurance
Software & Licences
Mailing Address
Members Gifts
Microsoft Email
Musician Fee
Payroll
Petrol
Petty Cash Float
Stationary
Storage Equipment
Streaming Charge
Text Messaging Services
Travel
Website Charges
Zip van hire for church
Bank Charges:		 Staff Costs
2024
£
Other
2024
£
Total
2024
£
Total
2023
£
-
103
103
633
-
62
62
202
-
31,625
31,625
12,647
-
406
406
406
-
158
158
-
-
1,487
1,487
451
-
163
163
333
-
394
394
347
-
5,545
5,545
3,582
26,098
-
26,098
20,347
-
3,452
3,452
265
-
-
-
70
-
305
305
176
-
-
-
661
-
436
436
308
-
340
340
140
-
543
543
-
-
760
760
274
-
112
112
-
26,098
45,891
71,989
40,870
-
330
330
395

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NOTES TO THE FINANCIAL STATEMENT (continued) FOR THE YEAR ENDED 31 OCTOBER 2024

Breakdown of costs (Continued)
Cost of generating Funds
Operation Costs:
Church meetings
Church Supplies
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
Leadership Meetings
Men Ministry
Prayer Ministry
Breakdown of costs (Continued)
Governance costs:
Senior Pastor Support
Governance Costs		 Staff Costs
2024
£
Other
2024
£
Total
2024
£
Total
2023
£
-
4,170
4,170
1,157
-
5,267
5,267
702
-
9,437
9,437
1,859
-
1,800
1,800
1,900
-
-
-
150
-
1,800
1,800
2,050
-
-
-
180
-
254
254
905
-
254
254
1,085
-
54
54
-
-
-
-
702
-
1,377
1,377
5,172
-
2,526
2,526
1,353
-
802
802
12,820
-
4,759
4,759
20,047
-
-
-
300
-
1,213
1,213
2,416
-
1,213
1,213
2,716

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