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 2022
CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Contents Page For the year ended 31 December 2022
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 |
CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Report of the Trustees
For the year ended 31 December 2022
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 2022. 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
TO ADVANCE THE CHRISTIAN FAITH [IN ACCORDANCE WITH THE STATEMENT OF BELIEFS] IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT; 2 TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT; AND 3 TO ADVANCE EDUCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.
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 Hugo Dos Santos Cordeiro (Appointed: 01 November 2022) Luis Hernan Berton Sanchez (Appointed: 01 November 2022) Eunice Inque Branco de Carvalho (Appointed: 01 November 2022) Juan Carlos Morocho Bolanos (Appointed: 01 November 2022) Rossana Bohamara Mendes Monteiro e Silva (Appointed: 01 November 2022) Independent examiners SJPR Accountants Ltd 225 Capham Road London SW9 9BE
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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Report of the Trustees Continued For the year ended 31 December 2022
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 2022
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2022.
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:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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
Sansao Rodrigues
SJPR Accountants Ltd 225 Capham Road London SW9 9BE
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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2022
| Notes Income and endowments from: Donations and legacies 2 Investments 4 Total Expenditure on: Raising funds 5 Charitable activities 6/7 Total Net expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 1,538,814 326,414 1,865,228 (1,330,648) (580,930) (1,911,578) (46,350) 552,018 505,668 |
31/12/2021 £ 1,406,033 7,596 |
|---|---|---|
| 1,413,629 | ||
| (1,271,613) (390,389) |
||
| (1,662,002) | ||
| (248,373) 800,391 |
||
| 552,018 |
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05293247
Registered Number :
CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD
Statement of Financial Position
As at 31 December 2022
| Notes | 31/12/2022 | 31/12/2021 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 12 | 7,572 | 5,936 |
| 7,572 | 5,936 | ||
| Current assets | |||
| Cash at bank and in hand | 498,548 | 547,077 | |
| 498,548 | 547,077 | ||
| Creditors: amounts falling due within one year | 13 | (452) | (995) |
| Net current assets | 498,096 | 546,082 | |
| Total assets less current liabilities | 505,668 | 552,018 | |
| Net assets | 505,668 | 552,018 | |
| The funds of the charity | |||
| Unrestricted income funds | 14 | 505,668 | 552,018 |
| Total funds | 505,668 | 552,018 |
For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance
-
with section 476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
-
accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Jackson Antonio
Jackson Antonio Trustee
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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements
For the year ended 31 December 2022
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).
Going concern
Funds
Costs of generating funds
Charitable activites
2. Income from donations and legacies
| Unrestricted funds Donations received 4. Investment income Unrestricted funds Other investment income |
31/12/2022 £ 1,538,814 1,538,814 31/12/2022 £ 326,414 326,414 |
31/12/2021 £ 1,406,033 |
|---|---|---|
| 1,406,033 | ||
| 31/12/2021 £ 7,596 |
||
| 7,596 |
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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements Continued
For the year ended 31 December 2022
5. Expenditure on generating donations and legacies
| Unrestricted funds Donations Legacies Subscriptions Sponsorships Support costs osts of charitable activities by fund type Unrestricted funds Support costs osts of charitable activities by activity type Religious Activities nalysis of support costs Governance costs |
31/12/2022 £ 1,046,369 145,978 37,093 78,584 22,624 1,330,648 31/12/2022 £ 580,930 31/12/2022 £ 580,930 31/12/2022 £ 603,554 |
31/12/2021 £ 1,057,592 91,930 27,276 89,767 5,048 |
|---|---|---|
| 1,271,613 | ||
| 31/12/2021 £ 390,389 31/12/2021 £ 390,389 31/12/2021 £ 395,437 |
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 2022
9. Staff costs and emoluments
Total staff costs for the year ended 31 December 2022 were:
| Salaries and wages Social security costs Pension costs Employees |
31/12/2022 £ 259,973 22,624 1,365 283,962 31/12/2022 12 12 |
31/12/2021 £ 508,140 - - |
|---|---|---|
| 508,140 | ||
| 31/12/2021 13 |
||
| 13 |
11. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
12. Tangible fixed assets
| Plant and | Furniture and | ||
|---|---|---|---|
| Cost or valuation | machinery | fittings | Total |
| £ | £ | £ | |
| At 01 January 2022 | 64,718 | 167,048 | 231,766 |
| Additions | 5,155 | - | 5,155 |
| At 31 December 2022 | 69,873 | 167,048 | 236,921 |
| Depreciation | |||
| At 01 January 2022 | 58,782 | 167,048 | 225,830 |
| Charge for year | 3,519 | - | 3,519 |
| At 31 December 2022 | 62,301 | 167,048 | 229,349 |
| Net book values | |||
| At 31 December 2022 | 7,572 | - | 7,572 |
| At 31 December 2021 | 5,936 | - | 5,936 |
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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements Continued
For the year ended 31 December 2022
13. Creditors: amounts falling due within one year
| Trade creditors | 31/12/2022 £ 452 452 |
31/12/2021 £ 995 |
|---|---|---|
| 995 |
14. Movement in funds
Unrestricted Funds
| General General Unrestricted Funds - Previous year General General |
Balance at 01/01/2022 £ 552,018 552,018 Balance at 01/01/2021 £ 800,391 800,391 |
Incoming resources £ 1,865,228 1,865,228 Incoming resources £ 1,413,629 1,413,629 |
Outgoing resources £ (1,911,578) (1,911,578) Outgoing resources £ (1,662,002) (1,662,002) |
Balance at 31/12/2022 £ 505,668 |
|---|---|---|---|---|
| 505,668 | ||||
| Balance at 31/12/2021 £ 552,018 |
||||
| 552,018 |
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.
15. Analysis of net assets between funds
| Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 7,572 498,096 505,668 |
|---|---|
| 7,572 498,096 505,668 |
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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Notes to the Financial Statements Continued
For the year ended 31 December 2022
Previous year
| Previous year | |||
|---|---|---|---|
| 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 |
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CATHEDRAL INTERNATIONAL - ASSEMBLY OF GOD Detailed Statement of Financial Activities
For the year ended 31 December 2022
| INCOME AND ENDOWMENT Donations and legacies Donations Investments Other investment income Total incoming resources EXPENDITURE Raising donations and legacies Donations Legacies Subscriptions Sponsorships SUPPORT COSTS Governance costs Governance costs Governance costs Total resources expended Net Expenditure |
£ 31/12/2022 1,538,814 1,538,814 326,414 326,414 1,865,228 (1,046,369) (145,978) (37,093) (78,584) (1,308,024) (22,624) (580,930) (603,554) (1,911,578) (46,350) |
£ 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) |
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This page does not form part of the statutory financial statements