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2021-12-31-accounts

Charity number: 1123909

Company number: 05293247

(England and Wales)

CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 December 2021

CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Contents Page For the year ended 31 December 2021

Report of the Trustees 1
Independent Examiner's Report to the Trustees 2
Statement of Financial Activities 3
Statement of Financial Position 4
Notes to the Financial Statements 5 to 9
Detailed Statement of Financial Activities 10

CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Report of the Trustees

For the year ended 31 December 2021

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Charity registration number 1123909 Company registration number 05293247 Principal address REAR OF 42-44 NORWOOD HIGH STREET LONDON SE27 9NR

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Sori Balde Jackson Antonio Adriana Antonio Adilson de Freitas Independent examiners SJPR Accountants Ltd 225 Capham Road London SW9 9BE

Approved by the Board of Trustees and signed on its behalf by

Adilson de Freitas

............................................................................. Adilson de Freitas

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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Independent Examiners Report to the Trustees

For the year ended 31 December 2021

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiners statement

Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of , which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sansao Rodrigues

SJPR Accountants Ltd 225 Capham Road London SW9 9BE

06 September 2022

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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2021

Notes Unrestricted 31/12/2020
funds
£ £
Income and endowments from:
Donations and legacies 2 1,406,033 1,006,809
Other trading activites 3 - 313,230
Investments 4 7,596 -
Total 1,413,629 1,320,039
Expenditure on:
Raising funds 5 (1,271,613) (897,982)
Charitable activities 6/7 (390,389) -
Total (1,662,002) (897,982)
Net income/expenditure (248,373) 422,057
Reconciliation of funds
Total funds brought forward 800,391 378,334
Total funds carried forward 552,018 800,391

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05293247

Registered Number :

CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Statement of Financial Position

As at 31 December 2021

Notes 31/12/2021 31/12/2020
£ £
Fixed assets
Tangible assets 12 5,936 9,944
5,936 9,944
Current assets
Cash at bank and in hand 547,077 791,442
547,077 791,442
Creditors: amounts falling due within one year 13 (995) (995)
Net current assets 546,082 790,447
Total assets less current liabilities 552,018 800,391
Net assets 552,018 800,391
The funds of the charity
Unrestricted income funds 14 552,018 800,391
Total funds 552,018 800,391

For the year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

Adilson de Freitas

Adilson de Freitas Trustee

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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements

For the year ended 31 December 2021

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.

CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

2. Income from donations and legacies

Unrestricted funds
Donations received
Legacies received
Subscriptions received
ncome earned from other activities
Fund raising events
nvestment income
Unrestricted funds
Other investment income		 31/12/2021
£
1,406,033
-
-
1,406,033
31/12/2021
£
-
-
31/12/2021
£
7,596
7,596		 31/12/2020
£
964,044
42,733
32
1,006,809
31/12/2020
£
313,230
313,230
31/12/2020
£
-
-

3. Income earned from other activities

4. Investment income

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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements Continued For the year ended 31 December 2021

5. Expenditure on generating donations and legacies

xpenditure on generating donations and legacies
31/12/2021 31/12/2020
£ £
Unrestricted funds
Donations 1,057,592 652,265
Legacies 91,930 154,602
Subscriptions 27,276 14,927
Sponsorships 89,767 -
Support costs 5,048 76,188
1,271,613 897,982
osts of charitable activities by fund type
31/12/2021 31/12/2020
£ £
Unrestricted funds
Support costs 390,389 -
osts of charitable activities by activity type
31/12/2021 31/12/2020
£ £
Activity 1 390,389 -
nalysis of support costs
31/12/2021 31/12/2020
£ £
Management - 7,580
Governance costs 395,437 68,608
395,437 76,188

6. Costs of charitable activities by fund type

7. Costs of charitable activities by activity type

8. Analysis of support costs

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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements Continued

For the year ended 31 December 2021

9. Net income/(expenditure) for the year

This is stated after charging/(crediting):

Depreciation of owned fixed assets

31/12/2021 31/12/2020
£ £
- 7,580

10. Staff costs and emoluments

Total staff costs for the year ended 31 December 2021 were:

Total staff costs for the year ended 31 December 2021 were:
Salaries and wages
Employees		 31/12/2021
£
508,140
508,140
31/12/2021
13
13		 31/12/2020
£
299,070
299,070
31/12/2020
13
13

11. Comparative for the Statement of Financial Activities

The comparative year values on the Statement of Financial Activites are for unrestricted funds.

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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements Continued

For the year ended 31 December 2021

12. Tangible fixed assets

Cost or valuation
At 01 January 2021
Additions
At 31 December 2021
Depreciation
At 01 January 2021
Charge for year
At 31 December 2021
Net book values
At 31 December 2021
At 31 December 2020		 Plant and
machinery
£
60,636
4,082
64,718
50,692
8,090
58,782
5,936
9,944		 Furniture and
fittings
£
167,048
-
167,048
167,048
-
167,048
-
-		 Total
£
227,684
4,082
231,766
217,740
8,090
225,830
5,936
9,944

13. Creditors: amounts falling due within one year

Trade creditors

31/12/2021
£
995
995		 31/12/2020
£
995
995

14. Movement in funds

Unrestricted Funds

General
General		 Balance at
01/01/2021
£
800,391
800,391		 Incoming
resources
£
1,413,629
1,413,629		 Outgoing
resources
£
(1,662,002)
(1,662,002)		 Balance at
31/12/2021
£
552,018
552,018

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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements Continued

For the year ended 31 December 2021

Unrestricted Funds - Previous year

Unrestricted Funds - Previous year
Balance at Incoming Outgoing Balance at
01/04/2020 resources resources 31/12/2020
£ £ £ £
General
General 378,334 1,320,039 (897,982) 800,391
378,334 1,320,039 (897,982) 800,391
Purpose of unrestricted Funds
General
THE HOLDING OF REGULAR WORSHIP SERVICES IN THE COMMUNITY TO PROMOTE THE PUBLIC BENEFIT
OF SPIRITUAL ENRICHMENT THROUGH THE CHRISTIAN FAITH.
Analysis of net assets between funds
Tangible Net current Net Assets
fixed assets assets /
(liabilities)
£ £ £
Unrestricted funds
General
General 5,936 546,082 552,018
5,936 546,082 552,018
Previous year
Tangible Net current Net Assets
fixed assets assets /
(liabilities)
£ £ £
Unrestricted funds
General
General 9,944 790,447 800,391
9,944 790,447 800,391

15. Analysis of net assets between funds

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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Detailed Statement of Financial Activities

For the year ended 31 December 2021

INCOME AND ENDOWMENT
Donations and legacies
Donations
Legacies
Subscriptions
Other trading activities
Fund raising events
Investments
Other investment income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Donations
Legacies
Subscriptions
Sponsorships
SUPPORT COSTS
Management
Management
Governance costs
Governance costs
Governance costs
Total resources expended
Net Expenditure		 £
31/12/2021
1,406,033
-
-
1,406,033
-
-
7,596
7,596
1,413,629
(1,057,592)
(91,930)
(27,276)
(89,767)
(1,266,565)
-
-
(5,048)
(390,389)
(395,437)
(1,662,002)
(248,373)		 £
31/12/2020
964,044
42,733
32
1,006,809
313,230
313,230
-
-
1,320,039
(652,265)
(154,602)
(14,927)
-
(821,794)
(7,580)
(7,580)
(68,608)
-
(68,608)
(897,982)
422,057

10 of 10

This page does not form part of the statutory financial statements