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2020-12-31-accounts

MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2020

Legal and administrative information

Status

Registered charitable organisation since 28 April 2005

Board of Trustees

Rev. Alexander Donkor Rev/Mrs Paulina Donkor Mr Kofi Ntim Mr Nelson Gomelesio Mr Kofi Kyei-Mensah-Osei Mr George Evans Amuzu Mr Frederick Amponsah

Registered Charity No

1109266

Registered office address

221 Langhedge Lane Edmonton London N18 2TG

Bankers

TSB

Accountants

AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Surrey CR2 6EA

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2020

Trustees Report

The Trustees' present their annual account for the year ended 31ST DECEMBER 2020.

INTRODUCTION:

In this 2020 Trustees report for MCAG, we will try to cover areas of interest and importance; we will throw more light on the following areas;

Areas of operation: Our branches; Trustee’s management committee; our programme of activities; the executive committee; COVID19 and impact on Church activities, voluntary activities, monitoring & evaluation and finally challenges. We will hope to be able to present a reasonable report.

AREAS OF OPERATION:

MCAG UK as an international organisation currently operates in the United Kingdom, Wales and Northern Ireland. However it has always been our wish and plans to extend our services and efforts into other parts of the world whenever and however possible.

BRANCHES & MEMBERSHIP:

The organisation consists of 4 main branches currently operating in London, and situated in the following locations; Tottenham, Barking, Watford and Northolt. Branches membership was affected by the Covid19 pandemic bringing the total permanent members down from 340 to 272 and the visiting non-members also from 70 to 52.

The breakdown/ numerical strength of the branches was as follows

  1. Tottenham Branch =152

  2. Barking Branch. =45

  3. Northolt Branch. =40

  4. Watford Branch. =35

BOARD OF TRUSTEES:

The Charity has a seven member Board of trustees, whose responsibility span from managing the affairs of the Charity, keeping and managing the finance and inventory as well as steering it to achieve its set objectives for each year. The trustees are equitably elected ensuring all branches are represented. They hold office for 4 years and are eligible for re-election. They are;

Rev. Alexander Donkor

Rev/Mrs. Paulina Donkor.

Mr Kofi Ntim Mr Nelson Gomelesio Mr Kofi Kyei-Mensah-Osei Mr George Evans Amuzu Mr Frederick Amponsah

EXECUTIVE COMMITTEE:

The Charity has a 4 member clergy team also known as the Executive Committee as follows;

  1. Rev Alexander Donkor - General Overseer

  2. Rev Kossi Senayah - Dep. General Overseer

  3. Rev Mrs Pauline Donkor - Treasurer

  4. Rev. Adolph Ashiagbor – Administrator

RETIREMENT OF REV. KOSSI SENAYAH.

During the year under review, the above named Minister of the gospel retired from the ministry and has since returned to Africa.

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2020

Trustees Report: Program of activities continued..

THE CLERGY (Branch Pastors.)

There are also other pastors who act as the spiritual leaders and head the branches, thereby complementing the efforts of the Executives. They are as follows;

Tottenham - Rev Mrs Pauline Donkor Barking - Pastor Michael Darko Watford - Pastor Adolf Ashiagbor Northolt - Bro Kofi Ntim. (Lay Pastor)

Their main responsibilities included seeing to the spiritual development, guidance, counselling of the members and any member of the public who required their services.

They spearheaded our usual provision of Counselling services, advice on parenting and family life as well as Career guidance to all who were effectively in need. These services continued to be so very important in the lives of many individuals and families.

INTERNAL FINANCIAL TEAM

A three member Financial Team is in charge of managing the Church’s finance under the supervision of the Trustees. They are;

  1. George Evans Amuzu

  2. Elizabeth Assesoh

  3. Edmond Tieku.

PROGRAMME OF ACTIVITIES:

The Trustees managed and organised the under listed activities during the year under review. (2020) Board Meetings:During the year, the Trustees had two (2) Physical face to face meetings and four (4) virtual emergency meetings to discuss and deliberate on issues pertaining to the smooth running of the organisation. Our Barking and Northolt branches organised 3 major youth programmes on ‘Boys talk’, ‘Girls talk’ and ‘Youth growing up in the current socio-economic/Cosmopolitan environment’. A professor from University of Berkshire, who is also a minister of the gospel, was among the hosts who gave the talk. Again our Tottenham branch held a similar programme for their youth and the children’s departments and their parents. This programme was hosted by a qualified social worker, and it went on for 3 consecutive weeks. We also organised various talks on ‘Family Life’ across all the branches in the month of February. Our Northolt branch organised health talk on ’Good nutrition results in good body functioning’. All these programmes were extremely educative to our members who participated.

JOINT EXECUTIVES & TRUSTEES MEETING:

There were three (3) Joint Executives Committee and Board of Trustees Meetings, which discussed the then proposed purchase of a church building, challenges and the way forward for 2021 in the midst of the COVID19 pandemic .

COVID19 and it’s impact:

Due to the COVID 19 pandemic, we conducted most charity activities online.

The above had impacted on our income in a way however, due diligence was applied to correspond. Expenditures was reduced and brought under control, as a result, our surplus is projected to increase reasonably instead. Major expenditures such as social gatherings , Summer Outing, mid-year get- together, End of year and Christmas Party, fun games, invitation of foreign speakers and guest pastors ,which in the past, has cost us a lot has all been suspended indefinitely. As a result, our expenditure was under reasonable control. Our main means of income during the Lockdown was through voluntary contributions donations and monthly tithing, all online.

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2020

Trustees Report: Program of activities continued..

GIFT AID: 2017-2019:

The Charity in 2020 claimed a total of £64,084.16 as gift aid from the HMRC to support its activities.

VOLUNTARY ACTIVITIES IN WITHIN THE FELLOWSHIP AND IN THE COMMUNITIES:

During the year, 24 volunteers across the branches served in different capacities. Some of their activities included; Distribution of relief items, directing and assisting people during events, caring and supporting children, distributing gospel materials, serving children’s meals, teaching at our various children and Sunday school services, radio ministry and assisting the elderly people who needed help. Others supported elderly and lonely people in their shopping and other domestic chores. They volunteered for at least 2 hours every week.

.

Intercessory and prayer meetings:

This is an on-going activity in which several people who have various spiritual, social and other related problems freely and voluntarily sought assistance from the Charity. The Charity supported them in; counselling, prayers, financial and material needs.

FUND RAISING

The Charity’s main fund-raising activity is usually organised in July and December of each year; and this year was no exception. Members freely contributed a total of £113,050.01 to support the charities activities. This was besides monthly tithe, Offertory and other individual contributions. 
Besides all those activities, the Charity also intensified preaching and evangelical work throughout the year on Face book life, free conference call medium and zoom meetings.

YOUTH RECREATIONAL ACTIVITIES

Due to the COVID19 vis-avis national Lockdown, the above activities was suspended.

DONATIONS TO CHARITY OUTSIDE UK

During the year under review, the charity donated 10 computers and accessories worth over £3000.00 to the Assemblies of God Theological Seminary North Campus Kumbungu, in Northern Ghana. January 2020. In another development four (4) tons of used clothing worth over £6,000.00 was donated to the Village of Hope Orphanage at Gomoa Fete, in the central region of Ghana in February 2020

SUPPORTING BEREAVED FAMILIES:

We were able to provide financial and emotional support to members who were bereaved throughout the period; most of these bereaved families had a lot to bear due to their losses and we saw the need to help with counselling and financial reliefs. During the year, 9 members were bereaved. A total sum of £2,100.00 was used in supporting these Individuals and their families.

COVID19 SUPPORT:

As a way of supporting our members who were economically affected due to the march 2020 Lockdown and its effects of reduction in income or loss of job, the charity supported over 50 members with relief items such as groceries, rent subsidies and other social interventions costing the charity £10,700.00.

PURCHASE OF CHURCH BUILDING.

The process of purchasing a church building was started in July 2020. As at the time of compiling this report most paperwork has been completed and Charity Bank has granted a £565,500 loan facility for the purchase of SDA Church Building located at 11 Cuckoo Hall lane Edmonton N9 8DH.

Exchange of the above however delayed till early 2021 and therefore details shall appear in 2021 report.

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2020

Trustees Report: Program of activities continued..

FINANCIAL POLICY:

Due to the COVID19 pandemic and its effects on our activities and finances, the board of trustees carried out lots of amendments to our financial Policy. That, notwithstanding, it has been agreed that a consultant is engaged to carry out a complete review of the policy.

That would be started in May and should be ready by July 2021.

LEADERSHIP TRAINING:

There was one Leadership training sessions for fifteen (15) members of different categories within the charity.

MONITORING AND EVALUATION:

We can affirm that the trustees are monitoring every activities of the Charity, monitoring tools such as weekly checks, proper and judicious use of funds, following laid down financial practices and procedures monitoring visits and periodic review of practices are in place to ensure conformity and probity.

CHALLENGES :

As it can normally happen in organisation of same nature, the Trustees faced few challenges in the discharge of their duties throughout the year; however, our achievements overshadowed the challenges. We have in any case mapped out new strategies to improve upon the past achievements.

Statement of trustees' responsibility

Charity regulations requires the trustees to prepare financial statements that give a true and fair view of the charity's financial activities during the year and its financial position at the end of the year.

In doing so the trustees are required to:-

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with applicable law, regulations and the trust deed. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and

By order of the Board

……………………………….

George Amuzu Trustee

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2020

Independent Examiner's report to the Trustees for the year ended 31ST DECEMBER 2020.

I report on the accounts of the Charity which are set out on pages 7 to 10 of this report.

Respective responsibilities of trustees and examiner :

The charity’s trustees are responsible for the preparation of the accounts.

The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

Examine the accounts under section 43 of the 1993 Act; to follow the procedures laid down in the general directions given by the Charity Commission under section 43(7)b of the 1993 Act; and to 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 Commission. 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 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:

1) which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 41 of the 1993 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Alhassan Bangura FCCA AL Accounting Solutions 21A Brighton Road

South Croydon

Surrey CR2 6EA

Date.....................................................

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements

Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31ST DECEMBER 2020

Unrestricted
Funds
Notes
£
Incoming resources:
Voluntary income
243,295
Gift Aid Claims
64,084
Investment income
1,017
Total Incoming resources
308,396
Resources Expended:
4
155,293
Total Resources Expended
155,293
Net Surplus / (Deficit) for the year
153,103
Opening funds
203,932
Closing Funds
357,035		 Total
Funds
2020
£
243,295
64,084
1,017
308,396
155,293
155,293
153,103
203,932
357,035		 Total
Funds
2019
£
156,276
-
1,701
157,977
201,098
201,098
(43,121)
247,053
203,932

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements

Balance Sheet as at 31ST DECEMBER 2020

Fixed assets
Current assets:
Other debtors
Cash at bank
Less: Current Liabilities
Net Assets
Represented by:
Unrestricted funds		 Notes
2
3		 2020
£
7,118
-
358,450
358,450
(8,533)
357,035
357,035
357,035		 2019
£
8,898
10,400
186,763
197,163
(2,129)
203,932
203,932
203,932		 2019

Signed on behalf of the trustees

………………………………. Date: .................................................... George Amuzu Trustee

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements

Notes forming part of the financial statements

for the year ended 31ST DECEMBER 2020

1 Accounting policies

a) The financial statements have been prepared under the Statement of Recommended Practice - Accounting and Reporting by Chariities, issued in March 2005 and follows the Charities (Accounts and Reports) Regulations 2008.

b) Voluntary income is received by the way of members commitment to religious service tithes and offerings. Donations received is included in full in the Statement of Financial Activities in the year in which they are received.

c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

d) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:

e) Unrestricted funds are donations and other incoming resources received for the objects of the charity without further specified purpose and are available as general funds.

2 Tangible Fixed Assets

Tangible Fixed Assets
Equipment &
Furniture
£
Cost:
As at 01.01.20
50,687
As at 31.12.20
50,687
Depreciation:
As at 01.01.20
41,789
Charge
1,780
As at 31.12.20
43,569
Net Book Value:
As at 01.01.20
8,898
As at 31.12.20
7,118		 Total
£
50,687
50,687
41,789
1,780
43,569
8,898
7,118

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK)

Reports and Financial Statements

Notes forming part of the financial statements for the year ended 31ST DECEMBER 2020

3
Creditors: amount falling due
within one year
Other taxes and social security
Pension liability
Accruals
4
Resources Expended
Honararium & Members Welfare
Outreach & Events
Salaries, wages & pension cost
Allowances & other staff cost
Training & Development
Rent, Rates & Utilities
Vicarage Cost
Telephone & Internet
Travelling & motor expenses
Bank Charges & Interest
Books, Clergy Items & consumables
Insurance & Licences
Depreciation
Legal & Professional Fees
Accountancy Fees
Total		 2020
Total
£
5,953
-
2,580
8,533
2020
Total
£
14,600
11,722
50,045
19,831
-
16,420
13,200
1,271
1,551
778
2,703
2,278
1,780
15,850
3,264
155,293		 2019
Total
£
297
32
1,800
2,129
2019
Total
£
25,760
15,031
50,642
26,960
2,579
53,688
12,100
141
3,545
787
536
357
2,224
3,700
3,048
201,098

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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements

Contents

Page No
1 Legal and administrative information
2-5 Trustees Report
6 Independent Examiners Report
7 Statement of Financial Activities
8 Balance Sheet
9-10 Notes forming part of the financial statements

Registered Charity No: 1109266

MIRACLE CENTRE ASSEMBLIES OF GOD (UK)

Reports and Financial Statements

Year ended 31ST DECEMBER 2020