PROCLAIMERS SANCTUARY
PROCLAIMERS SANCTUARY
REPORT AND FINANCIAL STATEMENTS FOR
(UNAUDITED)
YEAR ENDED 31[st] AUGUST 2023
J & T LEXINGTON SERVICES LIMITED
8 HOLME CLOSE, REDHILL GRANGE WELLINGBOROUGH NN9 5YF
PROCLAIMERS SANCTUARY
| Page | |
|---|---|
| CONTENTS | 2 |
| Charity information | 3 |
| Trustee’s Report | 4 |
| Independent Examiner’s report | 5 |
| Income and Expenditure Account | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 – 10 |
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PROCLAIMERS SANCTUARY
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No: 1117017
Registered office
46 HOBART ROAD TILBURY RM18 7DF
Trustees
REV JOSEPH KARANJA REV DAMARIS KAMAU KENNETH NJOGU MBUGUA SAMUEL MBUGUA NDUNGU
Accountants
J & T Lexington Services Limited 8 Holme Close Redhill Grange Wellingborough NN9 5YF
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PROCLAIMERS SANCTUARY
Trustees’ Report
The Trustees have pleasure in submitting their report, and accounts for the year ended 31[st] August 2023. The financial statements have been prepared in accordance with the accounting policies set out on page 7, and comply with the statement of recommended practice.
Governing document: Trust deed made 22 September 2006
Objective of the charity:
The advancement of the christian religion for the benefit of the public in accordance with the statements of belief appearing in the schedule.
principal activity of the organisation:
Preaching the gospel, offering relief and charitable activities. Holding cultural activities and networking with other charities and organisations.
Review of the financial position
The charity made a Surplus for the year amounting to £911. (2022 deficit £ 3,954)
Approval
The report was approved by the board of trustees on ………….. 2024 and signed on their behalf by:
REV JOSEPH KARANJA ________
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PROCLAIMERS SANCTUARY
Independent Examiner’s Report To the Trustees
Proclaimers sanctuary
I report on the accounts of the church for the year ended 31[st] August 2023 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 charity are responsible for the preparation of the accounts. The charity’s trustee 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 required.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
-
1) Examine the accounts under section 145 of the 2011 Act.
-
2) Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act) and
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3) 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 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:
-
(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met reasonable requirements to ensure that:
-
proper accounting records are kept (in accordance with section 41 of the Act)
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 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.
Joseph Kinuthia CPA, DMS, MBA J & T Lexington Services Ltd 8 Holme Close Redhill Grange Wellingborough NN9 5YF
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PROCLAIMERS SANCTUARY
Statement of financial activities for the year ended 31[st] August 2023 Incorporating the Income and Expenditure Account
| Note Incoming Resources Incoming resources from generated funds Tithes & Offerings 2 Gift aid accrued Interest earned Total Incoming Resources Resources expended Charitable activities Welfare, Gifts & Donations Advertising Travel & Subsistence Events/Conferences Telephone & Postage Professional fees Mission Insurance Rent Media Repairs Depreciation Print, Stationery & Software Total resources expended Governance cost Net incoming/ (outgoing) resources Balance carried forward at 31st August 2023 |
2023 £ 24,540 6,135 226 30,901 2,050 1,500 2,300 80 211 570 12,417 590 2170 2,760 2,150 2,242 700 29,740 250 29,990 911 |
2022 £ |
|---|---|---|
| 15,047 4,208 3 |
||
| 19,258 | ||
| 3,953 - 1,850 2,415 175 1,505 1,850 508 - 600 320 1,578 300 |
||
| 15,054 250 |
||
| 15,304 | ||
| 3,954 |
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PROCLAIMERS SANCTUARY
Balance Sheet as at 31[st] August 2023
| Fixed assets Tangible fixed assets 3 Current assets Debtors 4 Cash at bank and in hand Net current assets Creditors falling due within one year 5 Net assets Represented by: Funds of the charity Reserves Ajustment Net incoming resources Total funds |
6,135 42,488 48,623 (250) |
2023 £ 16,646 48,373 65,019 64,108 - 911 65,019 |
2022 £ |
|---|---|---|---|
| 11,788 4,208 48,362 |
|||
| 52,570 (250) |
|||
| 52,320 64,108 |
|||
| 65,193 (5,039) |
|||
| 3,954 | |||
| 64,108 |
The financial statements were approved by the Trustees on ………2024 and signed on their behalf by:
Rev. Joseph Karanja …………………………….
Trustee
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PROCLAIMERS SANCTUARY
Notes to the financial statements for the year ended 31[st] August 2023
1. Accounting policies
a) Accounting basis
These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993 and the Statement of Recommended Practice on Accounting by Charities published in March 2008. The adoption of the revised SORP has resulted in reclassification of some items.
b) Incoming resources
i) Voluntary income
Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable.
c) Resources expended
All expenditure is accounted for on an accruals basis.
d) Restricted and unrestricted funds
Income received for restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds are those funds which represent grants and donations for a specific purpose. Upon full performance of the purpose of the grant, any surplus is then retrievable by the donor. Income generated for the objects of the charity without further specified purpose is allocated to unrestricted funds. Accumulated surpluses may be retained by the church and are expendable at the discretion of the trustees in furtherance of the church’s objects. There were no restricted funds during the year.
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PROCLAIMERS SANCTUARY
Notes to the financial statements for the year ended 31[st] August 2023
1.
Accounting policies (continued)
e) Designated funds
Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion. There were no designated funds during the year.
g) Irrecoverable VAT
The church is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.
h) Cash Flow
The church has taken advantage of the exemptions in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small church.
2. Incoming resources from generated funds
| Tithes & Offerings | Unrestricted £ 24,540 24,540 |
Restricted £ - - |
Total funds 2023 £ |
|---|---|---|---|
| 24,540 | |||
| 24,540 |
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PROCLAIMERS SANCTUARY
3. Tangible fixed assets
| Cost At 1st September 2022 Additions At 31stAugust 2023 Depreciation At 1st September 2022 Charge At 31stAugust 2023 Net book value 2023 Net book value 2022 |
Equipments £ 16,252 7,100 23,352 4,898 2,214 7,112 16,240 11,354 |
Furniture & Fittings £ 650 - 650 216 28 244 406 434 |
2023 Total £ |
|---|---|---|---|
| 16,902 7,100 |
|||
| 24,002 | |||
| 5,114 2,242 |
|||
| 7,356 | |||
| 16,646 | |||
| 11,788 |
| 4. Debtors HMRC 5. Creditors |
2023 £ 6,135 6,135 |
2022 £ |
|---|---|---|
| 4,208 | ||
| 4,208 | ||
| J & T Lexington ser. Ltd | 2023 £ 250 250 |
2022 £ |
|---|---|---|
| 250 | ||
| 250 |
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