TRIUMPHANT CHRIST CHAPEL 2023 REPORT
200 CITY ROAD FENTON STOKE-ON-TRENT ST4 2PP
BRIEF OVERVIEW
2023 was a year focused on Infrastructure development with a vision of providing a multi-purpose premises for community use and continuous growth of the Church through outreach and community engagements events. The design of new multipurpose building was completed, and a funding strategy set out for the years ahead.
Community Engagement Strategies
The church has stepped up its mission of meeting the needs of people and in the process for people to encounter Jesus Christ as Lord and saviour. In partnership with other local Churches, the outreach work has continued to yield great results. The four Shepherd groups in the communities across the City of Stoke-on-Trent engaged with their communities as the gateway to the services the Church provides.
There are a number of focused groups such as youth, young Adults, women and men groups which continue to operate and organise activities and events, which helps to engage with people of all ages in the City.
Infrastructure Development Plan
The development plan for the Charity’s site was initiated, which would see the demolishing of existing buildings and construction of new building to include the Church auditorium and ancillary spaces for community use. Townsend and Renauldon Chartered Surveyors and Designers was appointed as the lead designer for the project, and has completed stage one of the process of the design, surveys and outlined planning strategy.
Focus for 2024 -2025
The next phase of sourcing funding for the infrastructure development plan would be initiated in 2024. Funding source which includes Charity donors, partnership with Churches across the world and private investors would be targeted with the proposal to seek funding.
The main focus for 2024 as in 2023 is on developing people and strategies for modernisation of the building and facilities. The strategy seeks to build resilience in financial resources and volunteering for outreach and community engagement. The Church will continue to drive its activities to improve on the 5 pillars of ministry as follows:
Families – Using focus groups, the Church will continue to create the atmosphere for whole family experience.
Leadership – Training which brings people to the level of leading and mentoring others to engage with our community.
Services – Offers all manner of services to the community, including counselling, prayers, pastoral support, weddings, christening, and bereavement support.
Outreach, and Growth – To expand our services in new provisions and Community engagement.
TRIUMPHANT CHRIST CHAPEL
STATEMENT OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
TRIUMPHANT CHRIST CHAPEL PROFIT AND LOSS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
CHARITY NO. 1119 737
Restri cted Endo Unrestri Incom wmen cted e t Total Total Total Total Total Total Total Funds Funds funds 2023 2022 2021 2020 2019 2018 2017 INCOM (Note 3) Voluntary Inco 67,046 - - 67,046 66,910 71,958 45,585 45,541 43,262 38,489 Gift Aid 13,976 13,976 15,584 11,594 4,012 14,246 8,217 10,182 Daystar Incom - - - - - - 5,487 37,053 7,215 24,636 Other Income 3,317 - - 3,317 913 2,241 11,910 3,540 - - Insurance 36,975 36,975 TOTAL INCO 121,314 - - 121,314 83,407 85,793 66,994 100,380 58,694 73,307
RESOU (Notes 4-8)
Charitable acti 100,218 - - 100,218 48,018 27,094 35,855 58,802 57,069 60,341 Governance cos 4,710 - - 4,710 20,926 16,294 10,356 1,370 8,386 9,397 Daystar Costs - - - - 13,212 44,881 - - TOTAL RESO 104,928 - - 104,928 68,944 43,388 59,423 105,053 65,455 69,738 Net inco ming/ (outg oing) resou rces before transf er 16,386 - - 16,386 14,463 42,405 7,571 (4,673) (6,761) 3,569 Gross transfeNet rs between funds move ment s in Fund s before other recog nised gains /(loss es) 16,386 - - 16,386 14,463 42,405 7,571 (4,673) (6,761) 3,569 OTHER RECO - - - - - - - - - - Gains and loss - - - - - - - - - - Gains and loss - - - - - (6,935) - - - - NET MOVEM 16,386 - - 16,386 14,463 35,470 7,571 (4,673) (6,761) 3,569 TOTAL FUNDS BROUGHT FORWARD 136,460 121,996 86,526 78,955 83,628 90,389 86,820 TOTAL FUND 16,386 - - 152,846 136,460 121,996 86,526 78,955 83,628 90,389
TRIUMPHANT CHRIST CHAPEL BALANCE SHEET AS AT 31 DECEMBER 2023
CHARITY NO. 1119 737
| Unrestric ted Funds Restri cted Incom e Funds Endo wmen t funds Total 2023 Total 2022 Total 2021 Total 2020 Total 2019 Total 2018 Total 2017 FIXED ASSETS TANGI (Note 9) 265,555 - - 265,555 264,956 266,946 263,935 265,946 267,906 270,458 - - - - - - - - - - (Note 1 - - - - - - - - - - TOTAL FIXED 265,555 - - 265,555 264,956 266,946 263,935 265,946 267,906 270,458 CURRENT ASSETS Stock and Work - - - - - - - - - - Debtors(Note 1 - - - - - - - - - - (short term) In - - - - - - - - - - |
Unrestric ted Funds Restri cted Incom e Funds Endo wmen t funds Total 2023 Total 2022 Total 2021 Total 2020 Total 2019 Total 2018 Total 2017 FIXED ASSETS TANGI (Note 9) 265,555 - - 265,555 264,956 266,946 263,935 265,946 267,906 270,458 - - - - - - - - - - (Note 1 - - - - - - - - - - TOTAL FIXED 265,555 - - 265,555 264,956 266,946 263,935 265,946 267,906 270,458 CURRENT ASSETS Stock and Work - - - - - - - - - - Debtors(Note 1 - - - - - - - - - - (short term) In - - - - - - - - - - |
|---|---|
| Cash in hand | a 55,307 - - 55,307 36,395 22,336 7,374 2,446 10,595 4,562 |
| TOTAL CUR | R 55,307 - - 55,307 36,395 22,336 7,374 2,446 10,595 4,562 |
| - - 4,254 3,253 7,012 Credi tors: (Note 1 1,116 1,116 6,675 (9,031) 3,936 |
|
| Net curre nt Asset s/Lia biliti es Total Assets |
54,191 - - 54,191 29,719 31,368 3,438 (1,808) 7,342 (2,450) L 319,746 - - 319,746 294,676 298,313 267,373 264,138 275,248 268,008 |
| - - 185,183 191,620 177,619 Credi tors: (Note 1 166,900 166,900 172,585 176,317 180,847 |
|
| Provisions for Liabilities and charges NET ASST ES 152,846 - - 152,846 122,091 121,996 86,526 78,955 83,628 90,389 FUNDS OF THE CHARITY Unrestricted fu 152,846 - - 152,846 136,460 121,996 86,526 78,955 83,628 90,389 Restric (Note 1 - - - - - - - - - - Endowment Fu - - - - - - - - - - TOTAL FUND 152,846 - - 152,846 136,460 121,996 86,526 78,955 83,628 90,389 check 0.00 - - - 14,369.13 0.48 - - - |
|
| 0.00 - |
|
| Signature of T…..................................................... ….............................….......................................................... Name PASTOR EDDISON ATTU PASTOR JOHN APPIAH Date of Appro…..................................................... ….............................….......................................................... |
TRIUMPHANT CHRIST CHAPEL
FOR THE YEAR ENDED 31 DECEMBER 2023
NOTE 1 BASIS OF PREPARATION
1.1 BASIS OF ACCOUNTING
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
Accounting and Reporting by Charities- Statement of Recommended Practice (SORP 2011); and with Accounting Standards; and with the Charities Act 145
1.2 CHANGE IN BASIS OF ACCOUNTING
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year
1.3 CHANGES TO PREVIOUS ACCOUNTS
No changes have been made to accounts for previous years
1.4 MATERIAL DONATIONS
Material Donations include:
TRIUMPHANT CHRIST CHAPEL FOR THE YEAR ENDED 31 DECEMBER 2023
Note 2 ACCOUNTING POLICIES
This standard list of accounting policies has been applied by the charity.
INCOMING RESOURCES
Recognition of incoming resources
These are included in the Statement of Financial Activities (SOFA) when:
the charity the Charity becomes entitled to the resources;
the trusteesthe trustees are virtually certain they will receive the resources; and the monetathe monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported as gross in the SOFA Grants and donations
Grants and donations are only included in the SOFA when the Charity has unconditional entitlement to the resources.
Tax reclaims on donations and gifts
Incoming resources from Tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual income and performance related grants
This is only included in the sofa once the related goods or services have been delivered
Gifts in kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised..
Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity.
Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivale.
Donated services and facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material.
The value placed on these resources is the estimated value to the charity of the service or facility received
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report
Investment income
This is included in the accounts when receivable
Investment gains and losses
This includes any gain loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
TRIUMPHANT CHRIST CHAPEL FOR THE YEAR ENDED 31 DECEMBER 2023
EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities are recognised as soon as there is a legal construstive obligation committing the charity to pay out resources
Governance costs
Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and costs of any legal advice to trustees on governance or constitutional matters.
Grant with performance conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the receipient of the grant has provided the specific service or output.
Grants payable without performance condition
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita,staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use by the Charity
These are capitalised if they can be used for more than one year, and cost at least £500.They are valued at cost or a reasonable value on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the yearend. Other investment assets are included at trustees' best estimate or market value.
TRIUMPHANT CHRIST CHAPEL FOR THE YEAR ENDED 31 DECEMBER 2023
Note 3
| Analysis of incoming resources Analysis Voluntary Income Gift Aid Other Income Daystar Income Activities for generating funds Insurance income Total Investment income Total Incoming resources from charitable activities Total |
2023 2022 2021 2020 2019 2018 2017 £ £ £ £ £ £ £ 67,046 66,910 71,958 45,585 45,541 43,262 38,489 13,976 15,584 11,594 4,012 14,246 8,217 10,182 3,317 913 2,241 11,910 3,540 - - - - 5,487 37,053 7,215 24,636 |
|---|---|
| 84,339 83,407 85,793 66,994 100,380 58,694 73,307 |
|
| - - - - - - - 36,975 |
|
| - - - - - - - |
|
| - - - - - - - |
|
| - - - - - - - |
|
| - - - - - - - |
|
| - - - - - - - |
TRIUMPHANT CHRIST CHAPEL FOR THE YEAR ENDED 31 DECEMBER 2023
CHARITY NO. 1119 737
Note 4 Analysis of Resources expended
Cost of generating voluntary income
| Analysis TOTAL Fundraising and Publicity Costs TOTAL Savings TOTAL Charity activities Repairs Pastor Honourarium Telephones Expenses Motor Expenses Insurance Printing, Stationary & Advertising Media & Communication Legel & Professional Costs Welfare & Charitable Donations Evangelism & Missionary Support Resources & Teaching Materials Light, Heat, Water and Other Utility costs Daystart Support Costs Other Expenses TOTAL Governance Costs |
2023 2022 2021 2020 2019 2018 2017 £ £ £ £ £ £ £ - - - - - - - - - - - - - - 10,000 15,500 10,000 15,500 0 0 0 0 0 24,357 2,651 3,645 6,751 14,467 9,003 8,114 19,343 19,926 15,294 6,750 7,338 7,400 9,800 669 595 464 403 547 655 625 - - 460 705 1,052 1,252 2,046 2,222 1,580 1,770 2,484 - - - 283 396 332 414 245 383 982 932 1,065 2,793 751 - - - 10,526 12,700 176 772 350 1,811 295 2,504 1,250 1,555 122 16 1,300 1,053 2,100 312 - 1,315 4,825 9,571 776 894 1,060 - - - 3,364 10,643 5,936 6,021 6,742 - 6,652 8,310 - - - 13,212 54,675 8,891 - 5,610 3,351 3,895 2,417 1,234 1,038 - 78,918 52,444 36,222 42,956 81,345 41,926 44,407 4,710 1,000 1,000 3,606 10,172 8,386 9,397 |
|---|---|
| Premises Costs | 11,300 14,359 6,166 12,861 13,536 15,143 15,934 |
| TOTAL TOTAL COSTS |
16,010 15,359 7,166 16,467 23,708 23,529 25,331 104,928 83,302 43,388 59,423 105,053 65,455 69,738 - 14,358.56 - - - - - |
TRIUMPHANT CHRIST CHAPEL FOR THE YEAR ENDED 31 DECEMBER 2023
Note 5 Support Costs FundraisinCharitable Governance Total Cost activity activity activity Support cost type None None None None None Total - - - -
Note 6 DETAILS OF CERTAIN ITEMS OF EXPENDITURE
6.1 Trustee expenses
| Number of trustees who were paid expenses Nature of expenses Total amount paid 6.2 Fees for examination or audit of the accounts Independent examiner's or auditors' fees for reporting on the accounts Other fees (e.g. advise, consultancy, accountancy, services) paid to the independent examiner or auditor. |
2023 2022 2021 2020 2019 2018 2017 None None None None None None None N/A N/A N/A N/A N/A N/A N/A 2022 2022 2021 2020 2019 2018 2017 - - - - 350 295 295 - - - - - - - |
|---|---|
| - - - - 350 295 295 |
TRIUMPHANT CHRIST CHAPEL FOR THE YEAR ENDED 31 DECEMBER 2023
Note 7 Paid employees
| 7.1 Staff costs Gross wages, salaries and benefits in kind Employer's National Insurance costs Pension costs Total Staff costs 7.2 Average number of full-time equivalent employees in the year Total |
2023 2022 2021 2020 2019 2018 2017 £ £ £ £ £ £ £ 15,211 15,211 13,367 6,403 None None None 291 488 462 250 None None None 3,842 4,227 1,465 98 None None None |
|---|---|
| 19,343 19,926 15,294 6,750 - - - |
|
| - - - - - - - 2023 2022 2021 2020 2019 2018 2017 Number Number Number Number Number Number Number 1 1 1 0.75 None None None |
|
| 1.00 1.00 1.00 0.75 - - - |
TRIUMPHANT CHRIST CHAPEL FOR THE YEAR ENDED 31 DECEMBER 2023
TABGIBLE FIXED ASSETS
9.1 Cost or valuation
| Balance b/fwd Additions Disposal Transfers Balance c/fwd |
Freeh old Land & Buildi ngs Other Land & Buildings Plant Machi nery & Motor vehicl e Fixtures, Fittings & Equipmen ts Paym ents on accou nt and assets under contru ction Total - 257,000 - 33,816 - 290,816 - - - 2,737.20 - 2,737.20 - - - - - - - - - - - - |
|---|---|
| - 257,000 - 36,553 - 293,553 |
9.2 Accumulated depreciation and impairment provisions
| BasisSL or RBSL or RBSL or RB RB SL or RB Rate 0% 0% 0% 20% 0% Balance b/fwd - - - 25,860 0 25,860 |
BasisSL or RBSL or RBSL or RB RB SL or RB Rate 0% 0% 0% 20% 0% Balance b/fwd - - - 25,860 0 25,860 |
|---|---|
| Charge for the year | - - - 2,139 0 2,139 |
| Impairment provisions | - - - - - - |
| Revaluations | - - - - - - |
| Disposals Transfers Balance c/fwd 9.3 Net book value carried forward brought forward |
- - - - - - - - - - - - - 0 - 27,998 - 27,998 - 257,000 - 8,555 - 265,555 - 257,000 - 7,956 - 264,956 |
9.4 Revaluation
The Charity has not revalue any of its assets
Note 10 Investment Assets
TRIUMPHANT CHRIST CHAPEL FOR THE YEAR ENDEDN 31 DECEMBER 2023
CHARITY NO. 1119 737
Note 11 Debtors and Prepayments
| Analysis of debtors Trade debtors Amounts due from subsidiary and Associated undertakings Other debtors (Gift Aid Receivables TOTAL |
Amounts falling due within one year Amounts falling due within one year Amounts falling due within one year Amounts falling due within one year Amounts falling due within one year Amounts falling due within one year 2023 2022 2021 2020 2019 2018 £ £ £ £ £ £ - - - - - - - - - - - - - - - - - - |
|---|---|
| - - - - - - |
Creditors and Accruals
| 12. 1 Analysis of creditors Loans and Overdrafts Amounts due to subsidiary and Associated undertakings Other creditors Accruals and deferred income TOTAL |
Amounts falling due within one year Amounts falling due within one year Amounts falling due within one year Amounts falling due within one year Amounts falling due within one year Amounts falling due more than one year 2023 2022 2021 2020 2019 2018 £ £ £ £ £ £ 166,900 172,585 176,317 180,847 185,183 191,620 - - - - - - - - - - 1,116 6,675 (9,031) 3,936 - - |
|---|---|
| 168,016 179,260 167,286 184,783 185,183 191,620 |
TRIUMPHANT CHRIST CHAPEL NOTES TO THE ACCOUNTS
CHARITY NO. 1119 737
Note 14 Transactions with Related Parties
| Legal | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| authority | |||||||||
| Name of trustee or connected party |
(eg order,gover |
Amounts paid or benefit value | |||||||
| ning | |||||||||
| document) | |||||||||
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |||
| £ | £ | £ | £ | £ | £ | £ | |||
| Pastor John Appiah | Constitution | 24,357 | 2,651 | 15,294 | 6,750 | 7,338 | 7,400 | 9,800 | |
| Name of trustee or connected party |
Legal authority |
Amounts owing | |||||||
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |||
| £ | £ | £ | £ | £ | £ | £ | |||
| due to trustees and related parties | NONE | NONE | NONE | NONE | NONE | _NONE _ | _NONE _ | NONE | NONE |
| due from trustees and related parties | NONE | NONE | NONE | NONE | NONE | _NONE _ | _NONE _ | NONE | NONE |
| 14.3 Other transaction(s) with | trustees or related parties | ||||||||
| Relationship to Charity |
Description of the transaction(s) |
This year |
This year |
This year |
This year |
Last year |
Previu os 2 years |
Previous 3 years |
|
| Name of the trustee or related party | |||||||||
| £ | £ | £ | £ | £ | £ | £ |
INDEPENDENT EXAMINER'S REPORT TO TRIUMPHANT CHRIST CHAPEL
CHARITY REG. NO. 1119 737
I report on the accounts of the trust for the year ended 31 December 2023 which are set out on pages 1 and 2
Respective responsibilities of Trustees and examiner
As the Charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities 2011 act (the Act) does not apply.
It is my responsibility to:
-
-examine the accounts (under section 145 of the Charities Act);
-
-follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act); and -state whether particular matters have come to our attention.
Basis of independent examiner's statement
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 charity and a comparison of the accounts presented with those records. It also includes a consideration of any unusual items or disclosures in the accounts ,and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the accounts.
Independent examiner's statement
In connection my examination, no matter has come to my attention.
-
1 which gives us reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 130 of the Charities A
-
-to prepare accounts which accords with the accounting records and comply - with the accounting requirements of the Act have not been met;
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Cynthia Pierre (ACMA, CGMA, MBA) 21 Blakeley Avenue Wolverhampton, WV6 9HR