- 

1 

CHRIST APOSTOLIC CHURCH HARVEST MISSION 

18 STOCKER GARDENS 

DAGENHAM ESSEX RMO9 4HL 

CHARITYREG. NUMBER 1116525 

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021 


**----- Start of picture text -----**<br>
}<br>**----- End of picture text -----**<br>




2 

## CHRIST APOSTOLIC CHURCH HARVEST MISSION ae EEE CU RCR GHARVES TT MISSION LEGAL AND ADMINISTRATIVE INFORMATION 


**----- Start of picture text -----**<br>
)<br>**----- End of picture text -----**<br>


## TRUSTEES: 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Pastor Matthew Sunday Jegede (Chair)|
|Pastor|Festus|Tunji|Ogunyomi|
|L/Evangelist|Christianah|Oluwatoyin|Jegede|(Mrs)|
|Mrs|Cecilia|Faleru|

**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|SECRETARY:|Mrs|Cecilia Faleru|
|CHARITY NUMBER:|1116525|
|REGISTERED|OFFICE:|18|STOCKER GARDNS|
|DAGENHAM|
|ESSEX|
|RM9|4HL|
|BANKERS:|BARCLAYS BANK PLC|
|223/224|RYE|LANE|
|PECKHAM|RYE|
|LONDON|SE15|4TX|

**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|ACCOUNTANTS:|;|DANIEL FAMOK &|ASSOCIATES|
|ACCOUNTANTS|&|FINANCIAL|CONSULTANTS|
|320|HIGH|ROAD,|TOTTENHAM|
|LONDON|
|N15|4BN|
|CONTENT:|1.|Trustees' Report|
|2.|Independent|examiner's|Report|
|3.|Statement|of Financial|Activities|
|4.|Balance|Sheet|.|
|5.|Notes|to|the|Accounts|

**----- End of picture text -----**<br>




CHRIST APOSTOLIC CHURCH HARVEST MISSION 

. 

, 

## TRUSTEES' REPORT 

The Trustees have pleasure in submitting their report and accounts for the year ended 31st March 2021. The financial statements have been prepared in accordance with the accounting policies set out on pages 5 to 7 and comply with Statement of Recommended Practice (SORP 2015) and the applicable law. 

## Constitution, objectives and principal activities of the charity together with organisation of our work. 

The charity is constituted under a Constitution dated 3rd August 2006 as amended on Sth October 2006 and is a registered charity number 1116525 The objectives of the charity as set out in the Constitution are :- (a) The advancement of the Christian faith and 

(b) The relief of persons who are in conditions of hardship or distress or who are aged, sick or disabled. (c) The promotion of fulfilment of such other charitable purposes beneficial to the community. The Trust was involved in Christian outreach programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ. 


**----- Start of picture text -----**<br>
.<br>**----- End of picture text -----**<br>


## Development activities and achievements in the year 

The Trustees are pleased to report that the Church continued to be successful spiritually by ministering to many people. The church has improved in its membership strength and is increasingly reaching out to the community. The church carried out many evangelical programmes during the financial year such as Victory Saturday service, Sunday School Reviews and seminars among others. 

The ministerial team has planned out activities for the next year which includes Christian Gathering and Conferences. 

## Risk Policy 

The Trustees have assessed the major risks to which the Charity is exposed particularly those relating to the operations and finance and are satisfied with the risk management systems in place to mitigate the risk exposure to the Charity. 

## Review of the financial position 

The net incoming resources for the year amounted to a deficit of £301 (2020 was a deficit of £1,666) and all of which are set against the unrestricted reserves of the charity. 

## Board of Trustees 

The members of the board oftrustees during the year were 

Pastor Matthew Sunday Jegede (Chair) Pastor Festus Tunji Ogunyomi Lady Evangelist Christianah Oluwatoyin Jegede (Mrs) Mrs Cecilia Faleru 

## APPROVAL 

This report was given approval by the board of trustees on the 8th August 2021 and signed on its behalf by :- ikiA Secretary : Mrs Cecilia Faleru 

: 

‘ 

1 



al 

° 

| 

## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRIST APOSTOLIC CHURCH HARVEST MISSION CHARITY NUMBER 1116525 

I report on the accounts of the Trust for year ended 31st March 2021, which are set out on pages 3 to 8 

## RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER 

The charity 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 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

It is my responsibility to : 

- examine the accounts under section 145 of the 2011 Act, 

- follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and 

- 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 130 of the 2011 Act; and 

- to prepare accounts which accord with the accounting records and comply accounting requirements of the 2011 Act have not been met; or 

Fa 2) to which,in my opi#fion, atten yn should be drawn in order to enable a proper understanding of the acgountyto beached. 22 LglufDF DANIEL FAMOK & ASSOCIATES | MR D. A. FAMAKIN ( MSc} ACA ) 8th August 2021 ACCOUNTANTS & FINANCIAL CONSULTANTS LONDON N15 4BN ‘a 320 HIGH ROAD, TOTTENHAM _ ; a 

; : 


**----- Start of picture text -----**<br>
i<br>**----- End of picture text -----**<br>




: e) ei ui at z ri s Ey a) Li ie 

eesCHRIST8 APOSTOLICER ELCHURCHCHURCH HARVESTHARVEST MISSIONMISSION STATEMENT OF FINANCIAL ACTIVITIES SeFOR THE YEAREAR ENDEDENDED 31ST31ST MARCHMARCH 20212021 RABE INANCIAL ACTIVITIES 

i 

| 

; 

x 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Notes|Unrestricted|Restricted|Total|Total|
|INCOMING|Funds|Funds|Mar-21|Mar-20|
|Incoming ResourcesRESOURCESfrom generatedfunds|11|£|£|£|£|
|Voluntary Income|25,732|-|25,732|35,987|
|Investment|Income|-|-|-|
|-|
|IncomingOther|Incoming ResourcesHMRCResources Giftfrom AidCharitable Tax ReclaimsActivities|7,4809,683=|-=-|7,4809,683“|11,5733,114-|
|a0|
|Total Incoming Resources|aeOPE42,894|——-|42,894|50,674|
|RESOURCES EXPENDED|1.2|
|07/4|
|Charitable Activities|2|41,195|-|41,195|50,090|
|Governance costs|3|2,000|-|2,000|2,250|
|Total|resources expended|ae43,195|e|-|43,195TEI|52,340532,340|
|RECONCILIATIONNET|MOVEMENT INOF FUNDS FUNDS|4|(301)|-|(301)|(1,666)|
|Total funds brought forward|11,319|-|11,319|12,985|
|Total|a|ee|i|
|funds carried|forward|11,018|-|11,018|11,319|

**----- End of picture text -----**<br>


There were no recognised gains or losses for the year other than those included in the Statement activities.of Financial Activities. All incoming resources and resources expended derive from continuing 

The notes on Pages 5 to 8 form part of these accounts. 



## CHRIST APOSTOLIC CHURCH HARVEST MISSION 

## BALANCE SHEET AS AT 31ST MARCH 2021 

|||Notes|2021|2020|
|---|---|---|---|---|
|FIXED ASSETS|||£|£|
|Tangible Fixed Assets||6|4,003|4,837|
|CURRENT ASSETS|||||
|Debtors||7|6,250|6,250|
|Cash atBank and inHand|||1,616|1,081|
|i|||7,866|7,331|
|LESS CREDITORS:|||||
|Amounts falling due within|one year|8|(850)|(850)|
|NET CURRENT ASSETS||11|7,016|6,481|
|TOTAL ASSETS LESS LIABILITIES|||11,018|11,318|
|REPRESENTED BY:|||||
|Unrestricted Funds||9|11,018|11,319|
|Restricted Funds||10|-|-|
||:||11,018|11,319|



Approved by the Board of Trustees on the 8th August 2021 and signed on its behalf by :- 

Pastor Matthew Sunday Jegede (Trustee) 

4 



/ 

## CHRIST APOSTOLIC CHURCH HARVEST MISSION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021 

## 1. ACCOUNTING POLICIES 

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16th July 2014. 

## 1.1 Incoming Resources 

## Building Funds 

Income from donations for building are included in voluntary incoming resources of restricted funds on receipt. 

## Voluntary Income 

Income from tithes and offerings collected are included in voluntary incoming resources when these are receivable. 

## Gift Aid Tax Repayment Claim 

Tax repayments due from HM Revenue & Customs in respect of members' giving are included in incoming resources and restricted for building funds when received. 

## Other Income 

These comprises other miscellaneous income and are accounted for in the period in which it is entitled. 

## Income from Charitable Activities 

These are christian books and materials sold to church members and all of which are included in unrestricted funds when received. 

- _ 

## Investment Income 

Investment Income consist of net interest received during the year and accounted as unrestricted fund. 

## Cash flow statement 

The Charity has taken advantage of the exemption in financial Reporting Standard No 1 from the requirements to produce a cashflow statement on the grounds that it qualifies as a small charity. 

## 1.2 Resources expended 

Resources expended are included in the Statement of Financial Activities on accrual bases, inclusive of any value added tax (VAT) which cannot be recovered. Certain expenditure are attributable to specific activities and have been included in those cost categories. 

; 

5 



J 

7 

= 

, 

7 

: 

## CHRIST APOSTOLIC CHURCH HARVEST MISSION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021 

## 1.3 Tangible Fixed Assets for use by the charity and Depreciation 

Tangible fixed assets for use by the Charity are stated at cost less depreciation. 

Depreciation is calculated to write off the cost less estimated residual value of fixed assets, over their estimated useful lives on the following basis: 

Equipment, Fixtures & Fittings 

Motor Vehicles 

25% per annum. 25% per annum. 

||Unrestricted|Restricted|Unrestricted||
|---|---|---|---|---|
||Fund|Fund|Fund||
|2. CHARITABLEACTIVITIES|Mar-21|Mar-21|Mar-20||
|‘|£||£||
|Pastoral Allowances|600||1,400||
|Evangelism & Overseas Missions|402||6,604||
|Honorariaand gifts|250||2,847||
|Hall Rental, Storage and Service Charges|25,431||24,996||
|Donations to Other Charities|-||300||
|Members' Welfare, Support& Benevolence|1,517||2,385||
|Printing, Postage and Stationery|849||1,096||
|Travelling& Motor Expenses|961||913||
|Advert, Publicity<br>& Media costs|-||-||
|Church Decoration & Renovation|-||-||
|Bank Charges& Interest|1||88||
|Church Materials & Consumables|-||200||
|Volunteers'& Workers' Expenses|7,305||4,898||
|Equipments Repair& Renewals|-||338||
|Depreciation offixed assets|1,334||1,612||
|Telephone& fax<br>:|2,544||2,413||
||41,195|-|50,090||
|3. GOVERNANCE COSTS|2021||2020||
||£||£||
|Legal and professional fees|1,150||1,400||
|Bookkeeping andAccountancy|850||850|.|
||2,000||2,250||



6 



z 

, 

7 

J 

; 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|EEECHRIST APOSTOLIC CHURCH HARVEST MISSION|
|NOTES|HARVEST|MISSION|
|TO THE FINANCIAL STATEMENTS (CONTINUED)|
|SEARFOR THE YEAR ENDEDENDED|31ST31ST MARCHMARCH|20212021|
|SEL4.|NET MOVEMENT MOVEMENT ININ FUNDSFUNDS FORFOR THETHE YEARYEAR|20212021|20202020|
|The net movement in funds|for the year|is|stated|after charging:|£|£|
|Depreciation of|tangible fixed assets- for use by the charity|1,334|1,612|
|Accountancy|fee|850|850|
|5.|TRUSTEES' REMUNERATION|
|No Trustee|has had expenses reimbursed|in the year.|

**----- End of picture text -----**<br>


There is no staff whose emoluments exceeded £60,000 during the year 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|6. TANGIBLE FIXED ASSETS|EQUIP, FIX|MOTOR|TOTAL|TOTAL|
|COST|& FITTINGS|VEHICLE|2021|2020|
|As|£|£|£|£|
|At|Ist April 2020|23,844|4,766|28,610|28,610|
|Additions during the year|500|-|500|-|
|As At 31st March 2021|eee$e24,344|4,766ALO29,110|28,61028,610|
|DEPRECIATION|
|As At|Ist April 2020|19,007|4,766|23,773|22,161|
|AsCharge for the year|Sa1,334|-|1,334ie|1,612OD|
|At 31st March 2021|a09ST20,341|4,766|25,107|23,77323,773|
|Net|Book Value At 31st March 2021|ae4,003|0S-|4,003|4,8374837|
|Net|Book Value At 31st March 2020|4,837|-|4,837|-|
|eT|
|TN7.|DEBTORS:|A|MOUNTMT|FALLINGFALLING DUEDUE WITHINWITHIN ONEONE YEARYEAR|20212021|2022020|
|£|£|
|Sundry Debtors|- Security Rent Deposit|6,250|6,250|
|6,250|6,250|

**----- End of picture text -----**<br>


. 

7 



is 4 ‘Z e 

e 

14 | 

‘ '- 

rj 1; £ 

## CHRIST APOSTOLIC CHURCH HARVEST MISSION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31ST MARCH 2021 

|8. CREDITORS:AMOUNTFALLINGDUEWITHINONE YEAR|8. CREDITORS:AMOUNTFALLINGDUEWITHINONE YEAR|2021||2020||
|---|---|---|---|---|---|
|Accruals||£<br>850||£<br>850||
|||850||850||
|9.UNRESTRICTED FUNDSOF THE CHARITY||Unrestricted<br>Fund||Total<br>2021||
|Balance at 1st April 2020||11,319|11,319|||
|Movement in the funds forthe year||(301)||(301)||
|Balanceat31stMarch2021||11,018|11,018|||
|10. RESTRICTED FUNDS||Building<br>Funds||Total<br>2021||
|Balance at 1st April 2020||!|!|:||
|Movementinthefundsfortheyear<br>Balance at 31st March 2021||-<br>-||-<br>-||
|11.ANALYSISOFNETASSETSBETWEENFUNDS|Unrestricted<br>Funds|Restricted<br>Funds||Total<br>2021||
||£|£||£||
|Tangiblefixedassets|4,003|-||4,003||
|Net CurrentAssets|7,015|-||7,015||
||11,018|-|11,018||:|



8