CHRIST EVANGELISTIC MINISTRIES
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30[TH] APRIL 2021
REGISTERED CHARITY NUMBER: 1104109
CHRIST EVANGELISTIC MINISTRIES
LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 30[TH] APRIL 2021
ADDRESS FOR CORRESPONDENCE
27 DEVONSHIRE ROAD CROYDON CR0 2JW
REGISTERED CHARITY NUMBER
1104109
GOVERNING DOCUMENT
TRUST DEED DATED 1[st] OCTOBER 2003
TRUSTEES/ DIRECTORS
Miss Mary Darbo Rev Michael Amoah Mavis Asamoah Kwadwo Appau
PRINCIPAL BANKERS
NatWest Bank 209 Lower Addiscombe Road Croydon, Depot Code 190 CR0 6RB
ACCOUNTANTS
FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM SURREY CR4 3FH
CHRIST EVANGELISTIC MINISTRIES 27 DEVONSHIRE ROAD CROYDON CR0 2JW
INDEX Page Index 1 Trustee’s Report 2-3 Independent Examiner’s Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes on the financial Statements 7-9
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CHRIST EVANGELISTIC MINISTRIES
TRUSTEES’ REPORT YEAR ENDED 30[TH] APRIL 2021
The trustees are pleased to present their report for the year ended 30[TH] APRIL 2021 for the charity, Christ Evangelistic Ministries with Charity Number 1104109.
The Trustees of the charity are: Miss Mary Darbo Rev Michael Amoah Mavis Asamoah Kwadwo Appau
The principal address of the charity is : 27 Devonshire road Croydon
OBJECTS
The main object of the charity is advancing the Christian faith in the South east London area as a Christian church in accordance with the doctrines set out in the statement of beliefs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Church is governed by a leadership team on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
ACHIEVMENTS AND PERFORMANCE
The church continues to develop itself in the community. The church also continues to hold regular services that are open to the general public. The church also held successful conferences during the year this included outreach programs for the young people and a retreat at Ashburnham Trust. Due to the pandemic the church started hosting online services and events to continue its outreach in its community
FINANCIAL REVIEW
The income of the church is above £93,000. This is a lower amount on the previous year however the costs have been well managed over this period. There was a surplus on the account this has not been an issue as the church is repaying all loans. The church hopes to continue its work in the coming year without any unnecessary financial constraints. The church used most of its income on covering the rent of the premises and the running costs of holding the worship services.
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RESERVE POLICY
It is the policy of the Church to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The church will maintain this level throughout the year.
FUTURE DEVELOPMENTS
The church intends to continue to host its regular yearly conferences in UK. They will continue to host their regular worship services and homework club for the children. The intended re-appointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective.
RISK MANAGEMENT
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
TRUSTEE RESPONSIBILITIES
Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 1[st] February 2022 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees
CHRIST EVANGELISTIC MINISTRIES
I report on the accounts of the church for the year ended 30[th] April 2021 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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State whether particular matters have come to my attention.
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 church 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 I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply
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with the accounting requirements of the 2011 Act: or
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(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
.
CHUKS AJUKA BSc(Man), FICB PMDip FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH
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CHRIST EVANGELISTIC MINISTRIES
Statement of Financial Activities for the year ended 30th APRIL 2021
| Unrestricted Total Funds Funds 2021 2020 Incoming Resources from £ £ £ generated funds Note Donations and Legacie 2 77243 77243 76489 Investment income 3 0 0 0 _ ___ ___ ___ 77243 77243 76489 Other Income_ Other 17006 ______ _ Total Incoming 77243 77243 93495 Resources _____ _ Resources Expended Charitable activities in furtherance of objectives Charitable Activities 6 73,205 73,205 85578 Other 4 3,725 3,725 3667 _____ Total Resources 76,930 76,930 89245 Expended _________ Net movement in funds 313 313 4250 Reconciliation of Funds Total Funds brought forward -178 -178 -9139 Total Funds carried forward 135 135 -4889 |
Unrestricted Total Funds Funds 2021 2020 £ £ £ 77243 77243 76489 0 0 0 |
Unrestricted Total Funds Funds 2021 2020 £ £ £ 77243 77243 76489 0 0 0 |
|---|---|---|
| ___ ___ __ 77243 77243 |
___ 76489 17006 |
|
| _________ 77243 77243 |
___ 93495 |
|
| ___ 85578 3667 |
||
| _________ 76,930 76,930 |
___ 89245 |
|
| _________ 313 313 -178 -178 135 135 |
___ 4250 -9139 -4889 |
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
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CHRIST EVANGELISTIC MINISTRIES Balance Sheet as at 30th April 202
| Note 2021 Fixed Assets £ Tangible fixed assets 5 8950 _ 8950 _ Current Assets Cash at bank and 34242 in hand Debtors & prepayments 9 0 34242 Creditors:amounts falling due within one year Creditors & accruals 8 43057 _ Net Current Assets -8815 _ Net Assets 135 Unresticted funds 135 _ TOTAL FUNDS 135 _ |
2020 £ 8950 __ 8950 |
|---|---|
| ___ 32466 0 |
|
| 31693 43057 |
|
| ___ -10591 |
|
| ___ -1641 -1641 |
|
| _ -1641 _ |
Approved by the Trustees on 1st February 2022 and signed on their behalf :
The notes on these accounts form part of these accounts.
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CHRIST EVANGELISTIC MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] APRIL 2021
1.1 Basis of Accounting
These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with: The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014.
- 1.2 Going Concern: The accounts are prepared on a going concern basis.
1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
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1.4 No changes to the accounting estimates have occurred in the reporting period
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1.5 No material prior year error have been identified in the reporting period.
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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The charity becomes entitled to resources;
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It is more likely than not that the trustees will receive the resources;
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The monetary value can be measured with sufficient reliability.
Grants and Donations
Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)
.
Tax reclaim on donations and gifts
Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
EXPENDITURE AND LIABILITIES
Liability Recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Grants and Support Costs
Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
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CHRIST EVANGELISTIC MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] APRIL 2021
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
ASSETS
Tangible Fixed Assets for use by the charity
They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.
Debtors
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.
.
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CHRIST EVANGELISTIC MINISTRIES
Notes to the accounts for year ended 30th April 2021
2 Voluntary Income
| Church collections Tithes Offerings Thanksgiving Special Offering Other Total |
Unrestricted Total funds Total funds Funds 2021 2020 £ £ £ 31522 31522 30596 36400 36400 45893 0 0 0 0 0 0 0 0 0 |
|---|---|
| 67922 67922 76489 |
3 Investment income
| Unrestricted Total funds Funds £ 2021/£ Bank Interest 0 0 4 Other 2021/£ Missions 2465 Accounting services 760 Charity donation 500 ___ 3725 |
Total funds 2020/£ 0 2020/£ 1497 Supporting missions in Ghana 500 100 ___ 2097 |
|---|---|
| 5 Tangible Fixed Assets Cost At 01/05/2020 Additions At 30/04/2021 Depreciation At 01/05/2020 charge for the year At 30/04/2021 Net Book Value at 30/04/2021 Net Book Value at 01/05/2020 |
Instrument Van Equipment Total £ £ £ £ 3713 3503 28048 35264 0 0 0 0 |
|---|---|
| 3713 3503 28048 35264 2543 2583 21188 26314 234 184 1372 1790 |
|
| 2777 2767 22560 28104 936 736 5488 7160 1170 920 6860 8950 |
CHRIST EVANGELISTIC MINISTRIES Notes to the accounts for year ended 30th April 2021
6 Charitable Activities
| Charitable Activities | Charitable Activities | |
|---|---|---|
| 2021/£ | 2020/£ | |
| Rent of building | 1264 | 12795 |
| Telephone & Internet | 749 | 2154 |
| Hmrc | 819 | 780 |
| Subscriptions | 200 | 350 |
| Fuel | 1745 | 1557 |
| Conference costs | 210 | 3030 |
| Admin support | 466 | 240 |
| Salary | 8400 | 8400 |
| Welfare | 1718 | 1007 |
| Vehicle expenses | 392 | 142 |
| Business rates | 250 | 5384 |
| Stationary | 133 | 0 |
| Admin costs | 2141 | 2148 |
| Bank charges | 52 | 45 |
| Hospitality | 317 | 0 |
| Refreshments | 1205 | 1205 |
| Supplies | 0 | 0 |
| Speakers expenses | 4112 | 0 |
| Pension | 856 | 756 |
| Insurance | 6600 | 6167 |
| Depreciation | 1790 | 2236 |
| Music services | 0 | 0 |
| Printing | 0 | 252 |
| Cleaning services | 0 | 0 |
| Storage costs | 6267 | 10353 |
| Mission house expense | 17600 | 5000 |
| Media services | 0 | 0 |
| Light & Heat | 1529 | 1386 |
| Volunteer expenses | 13900 | 26984 |
| Church events | 490 | 490 |
| Waste services | 0 | 0 |
| Caretaker costs | 0 | 0 |
| _________ | ||
| Total | 73205 | 92861 |
| _________ |
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CHRIST EVANGELISTIC MINISTRIES Notes to the accounts for the year ended 30 th April 2021
| **7 ** | Staff Costs | Staff Costs | 2021 | 2020 | |
|---|---|---|---|---|---|
| Salaries | 8400 | 8400 | |||
| Tax/NIC | 0 | 0 | |||
| Total | 8400 | 8400 | |||
| There was | 1 employee in the financial year | ||||
| **8 ** | Creditors: | amounts falling due within one | year | ||
| 2021/£ | 2020/£ | ||||
| Independent examination | 500 | 500 | |||
| Creditors | 42557 | 42557 | |||
| Total | 43057 | 43057 | |||
| **9 ** | Debtors | ||||
| 2021/£ | 2020/£ | ||||
| Tax recoverable | 0 | 0 | |||
| loan to members | 0 | 0 | |||
| _________ | |||||
| Total | 0 | 0 | |||
| _________ |
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