OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

(Registered Charity No –1124040)

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SUTTON CHURCH Trustees’ Report and Accounts for the year ending 31 August 2021

CONTENTS
PAGE
Legal and Administrative Details 2
Trustees' Report 3
Independent Examiners Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Accounts 8

1 | P a g e

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2021

Trustees

  1. Abiola Ifanse 2. Kathryn Ifanse Chelangat

  2. Farayi Bayayi

Charity registered Number 1124040 Date of charitable registration 13[th] May 2008 Principal office address Flat 18 Chestnut Court 65 Mulgrave Road Sutton SM2 6LR Independent examiners Accounting Assist Ltd C/O Good to Give Ltd Bankers Barclays Bank

2 | P a g e

TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2021

The Board of Trustees, who are the trustees for charity law purposes, submit their annual report and the financial statement of Potters House Christian Fellowship UK Sutton Church for the year ended 31 August 2021. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities (revised 2005)'.

Structure, governance and management

The 3 Trustees are:

Abiola Ifanse Kathryn Ifanse Chelangat Farayi Bayayi

The Trustees play a primary role in ensuring good governance and functioning of the foundation. The Board’s role, functions and responsibilities are quite clearly defined.

The Charity currently has a strong team of Advisory board members in the UK who have helped to secure financial support and contribute to the future planning of the organisation.

Governing document:

Potters House Christian Fellowship UK Sutton Church is a charitable organisation formed on 28th March 2008 and registered with the Charity Commission on 13[th] May 2008.

Objectives and activities:

To advance the Christian faith in accordance with the statement of beliefs in the schedule hereto attached in Sutton, Surrey and in such other parts of the United Kingdom and the world as the Church Council may from time to time think fit and other such purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity;

The relief of poverty and sickness and to relieve the distress caused thereby regardless of nationality, religious, political or other opinion in the said Sutton, Surrey and in such other parts of the United Kingdom and the world as the Church Council may from time to time think fit.

Review of Activities:

We have experienced great progress and increased income while at the same time the church congregation has also increased. This has allowed us to be a supporting influence to overseas works by both financial gifts and spiritual help.

We have continued to progress and grow as a Church. The Church has always functioned to the objectives, by conducting various outreaches such as concerts, revivals and impact teams.

Plans for future periods:

As in prior years, we are aiming to see our Church become an ever more increasing influence in our area, and in Surrey as a whole.

3 | P a g e

TRUSTEES, REPORT FOR THE YEAR ENDED 31 AUGUST 2021 Statement of Board of T￿ste¢S, responslbilitles Thc Bwd of Trusttts ar¢ r¢sponsibl¢ for prepaTing the Annual Report and the financial statements in accordaryce with applicable law and Unit¢d Kingdom G￿erallY Accepted AccouDting Practice. Clwity law applicabl¢ to chaTitics in EnglaDdlWales requires the Board of Tr￿stee9 lo prepare financial stat¢ments for each financial year whi¢h gives & trne and fair view of the stat¢ of affairs of th¢ Charity and of thc sutplus or d¢ficit of tbe Chuity for that period. Sn preparing thosc flnancial statements the Board of Tntstees have.. Selected suitsble accountllW poli¢i¢s and applied them consistently, Made jUd￿entS and estimates that are r¢asonable and P￿d¢llt, Stated whether applicable accounting standards have been followed, subject to any ma*rial departures disclosed and explained in the financial statements. and Prepared the financial statements on a going concern basis (unle5S It is Inappro￿late to presume that the Charity will contiou¢ in operotion}. The Board of Trustees has overall responsli )ility for ensuring that the Charity has an appropriate system of controls, financial and otherwis¢. They or¢ also r¢sponsible for keeping proper awounting records wlu.eh disc105e Wlth reasonable accuracy at any time th¢ financial position of tbe Charity and enable them to ensure that the financial statemenls comply with the ChaTitieg A¢t 1993. They are also Te8ponsibl¢ for safeguarding thc ￿setS of the Charity and h¢nce for taking ￿l￿nable steps for th¢ deÈe¢tion and prev¢tttion of fraud and other irregul8rsties. The Board of Trust¢es is responsible for the maintenance and itttegrity of the corporaie and finattcial information. Legislation in the Utiitcd Kingdom governing the preparation and diss¢mination of financial staten¢nts may differ from legislation iu other jurisdictions. Ststemen¢ of dlsck)sllre of iDformAtlon to Independent ex#tthller We, &$ the Truste¢s of ib¢ Charity v/ho held office at ttrLe d￿e of approval of ihese financial statem¢nts as set out on page 2 ¢aeh confum, so far as we are aware. thaf: There is no relevant inforniation of which the Charity's independent examiner arc unaware. and we have taken all the steps that we ought to have taken as Trustees in order to mak¢ ours¢lves aware of any rclevant infoTmition and to establish that the Charity's independent examiner is aware of ihat infomiation. This report was approved by the Tn￿te¢S on and signed on iheir behalf by". /OLrf I /-4rJFé 1102 2

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 AUGUST 2021

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SUTTON CHURCH

I report on the financial statements of the charity for the year ended 31 August 2021 which comprise the Statement of Financial Activities and Balance Sheet with associate notes.

This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my examination work.

Respective Responsibilities of Trustees and Examiner

The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.

It is my responsibility to:

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 Group/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:

have not been met; or

Signed: Dated: 12/03/2025 roe

Anum Hassan, FCCA

On behalf of Accounting Assist Ltd

5 | P a g e

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating income and expenditure account) FOR THE YEAR ENDED 31 AUGUST 2021

Unrestricted
Restricted
Total Funds
Total Funds
2021
2021
2021
2020
Notes
£
£
£
£
Incoming resources
General offerings
2
40,030
-
40,030
42,125
Gift Aid
6,702
-
6,702
Total Incoming resources
46,732
0
46,732
42,125
Resources expended
Direct charitable expenditure
3a
36,723
-
36,723
37,185
Governance costs
3b
900
-
900
900
Total Resources expended
37,623
0
37,623
38,085
Movement in total fund for
the year- Net income /
(expenditure) For the year
9,108
0
9,108
4,040
Fund balance brought
forward
992
0
992
(3,048)
Fund balance carried forward
10,100
0
10,100
992		 Unrestricted
Restricted
Total Funds
Total Funds
2021
2021
2021
2020
Notes
£
£
£
£
Incoming resources
General offerings
2
40,030
-
40,030
42,125
Gift Aid
6,702
-
6,702
Total Incoming resources
46,732
0
46,732
42,125
Resources expended
Direct charitable expenditure
3a
36,723
-
36,723
37,185
Governance costs
3b
900
-
900
900
Total Resources expended
37,623
0
37,623
38,085
Movement in total fund for
the year- Net income /
(expenditure) For the year
9,108
0
9,108
4,040
Fund balance brought
forward
992
0
992
(3,048)
Fund balance carried forward
10,100
0
10,100
992		 Unrestricted
Restricted
Total Funds
Total Funds
2021
2021
2021
2020
Notes
£
£
£
£
Incoming resources
General offerings
2
40,030
-
40,030
42,125
Gift Aid
6,702
-
6,702
Total Incoming resources
46,732
0
46,732
42,125
Resources expended
Direct charitable expenditure
3a
36,723
-
36,723
37,185
Governance costs
3b
900
-
900
900
Total Resources expended
37,623
0
37,623
38,085
Movement in total fund for
the year- Net income /
(expenditure) For the year
9,108
0
9,108
4,040
Fund balance brought
forward
992
0
992
(3,048)
Fund balance carried forward
10,100
0
10,100
992
Notes
Incoming resources
General offerings
2
Gift Aid
Total Incoming resources
Resources expended
Direct charitable expenditure
3a
Governance costs
3b
Total Resources expended
Movement in total fund for
the year- Net income /
(expenditure) For the year
Fund balance brought
forward
Fund balance carried forward		 Unrestricted
Restricted
Total Funds
Total Funds
2021
2021
2021
2020
£
£
£
£
40,030
-
40,030
42,125
6,702
-
6,702
46,732
0
46,732
42,125
36,723
-
36,723
37,185
900
-
900
900
37,623
0
37,623
38,085
9,108
0
9,108
4,040
992
0
992
(3,048)
10,100
0
10,100
992

6 | P a g e

BALANCE SHEET AS AT 31 AUGUST 2021 2021 2020 Note FIXEiI ASSETS Tangible L%sets CVRRENT ASSETS Debtors CR5h at b8Thk 15260 Is￿0 5,252 5352 CREDITORS- mouDts falling 4Juewiihin OLe year Is,16)1 (4360) NET CURRENT ASSETS 10.100 992 NET ASSETS 10,100 992 c￿Ty FiINDS Unr¢5tricted fvnds io.IIK) 992 R¢strictcd funds TOTAL FUNDS io,ioo 992 The financia] stat¢tnents were approved by the Trust¢¢s and signed OD their behalf, by.. Name. Slgnature... Dte.. 11:.o.g 2 The notes on pages 8 & 9 form part of these fwancial stttements 71Page

NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 AUGUST 2021

1. ACCOUNTING POLICIES

1.1 Basis of Accounting

The accounts have been prepared under the "Receipts and Payments" basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements.

1.2 Restricted Funds

There are no restricted funds held by the church at the end of the financial year (2021: Nil).

1.3 Payments to Trustees

Other than for reimbursements of expenses incurred there were no payments to trustees, or any persons connected with them during this financial year.

No other material transaction took place between the organisation and a trustee, or any person connected with them.

1.4 Risk Assessment

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

1.5 Reserves Policy

The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.

1.6 Public Benefit

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or 'aims' that are for the public benefit. Details of how the charity has achieved this are provided in the trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

8 | P a g e

NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 AUGUST 2021 (Continued)

2. VOLUNTARY INCOME

3. RESOURCES EXPENDED
Incoming Resources:
Donations & Offerings
Gift Aid Tax Reclaimed
Total Incoming Resources
a) Cost of Charitable Activities
Books & Periodicals
Equipment
Hospitality
Local Outreach
Love Offering
Offerings
PPS & Office Running
Printing & Outreach
Rent (Premises Costs)
Sundries
Travel
Utilities
Total Expenditure
b) Governance Costs
Independent Examiners
Professional Fees
Total		 Unrestricted
2021
Total
2021
Total
2020
£
£
£
40,030
40,030
35,104
6,702
6,702
7,021
46,732
46,732
42,125
Unrestricted
2021
Total
2021
Total
2020
£
£
£
0
0
35
319
319
770
2,182
2,182
2,866
0
0
-
4,330
4,330
-
1,457
1,457
5,316
13,655
13,655
6,499
1,856
1,856
763
11,136
11,136
9,453
89
89
4,486
15
15
5,393
1,683
1,683
1,604
36,723
36,723
37,185
900
900
900
-
-
-
900
900
900

9 | P a g e