**(Registered Charity No –1124040)** POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SUTTON CHURCH Trustees’ Report and Accounts for the year ending 31 August 2023 |**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 2023** - **Trustees** 1. Abiola Ifanse v s 2. Kathryn Ifanse Chelangat 3. 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 2023** 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 2023. 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 v s 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 28[th] 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 2023 Statement of Board of Trustees, responsibilities The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Gcncrally Accepted Accounting Practice. Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial statements for each financial Ye£￿ which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In prcparing those financial statements the Board of Trustees have: Selected suitable accounting policies and applied them consistently, Made judgments and estimates that are reasonable and prudent, Stated whether applicable accounting standards have been followed, subject to any material departures di%closed and explained in the fAnancial statemcnts; and Prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Charity will continue in operation). The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate sy,stem of controls, financial and otherwisc. They <￿e also responsiblc for keeping proper accounting records which disclose with rcasonablc accuracy at any time the financial position of the Charity and enable thern to ensure that the financial statements comply with the Charities Act 1993. They are also re.8ponsible for safeguarding the assets of the Charity and hence for taking rea8onable steps for the detcction and prevention of fraud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial inforniation. Legislation in the United Kingydom governing the preparation and disscmination of financial statements may differ from Icgislation in othcr jurisdictions. Statement of dlsclosure of informatlon to independent examiner We, as the Trustees of th¢ Charity who held office at the date of approval of these financial statements as set out on page 2 each confim], so far as we are awar¢. that: There is no relevant infomiation of which the Charity's independent examiner is unaware. and we have taken all the steps that we ought to have taken as Trustees in order to mak¢ ourselves awarc of any relevant inforn]ation and to establish that the Charity's independent examiner is aware of that infonnation. This report was approved by the Trustccs on and signed on their behalf by: Name . Signature............ 96 0£. ?r ## **INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 AUGUST 2023** ## **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 2023 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: - Examine the accounts (under Section 145 of the Charities Act); - To follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145(5)(b) of the Charities Act); and - 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 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: - 1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the Act; and - to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act - have not been met; or - 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. **Signed: Dated:** 26/06/2025 Sree ## **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 2023** |||**Unrestricted**|**Restricted**|**Total Funds**|**Total Funds**| |---|---|---|---|---|---| |||**2023**|**2023**|**2023**|**2022**| ||**Notes**|**£**|**£**|**£**|**£**| |**Incoming resources**|||||| |General offerings|**2**|59,156|-|59,156|47,000| |Gift Aid||13,214|-|13,214|| |**Total Incoming resources**||**72,371**||**72,371**|**47,000**| |**Resources expended**|||||| |Direct charitable expenditure|**3a**|60,743|-|60,743|50,193| |Governance costs|**3b**|2,460|-|2460|900| |**Total Resources expended**||**63,203**|**-**|**63,203**|**51,093**| |Movement in total fund for the year-
income / (expenditure) For the year|Net|**9,168**|**-**|**9,168**|**-4,093**| |Fund balance brought forward||**6,007**|**-**|**6,007**|**10100**| |Fund balance carried forward||**15,175**|**-**|**15,175**|**6,007**| **6 |** P a g e BALANCE SHEET AS AT 31 AUGUST 2023 2023 2022 Note FIXED ASSETS Investments 11,150 4000 CURRF.NT AS,SETS Debtors Cash at bank 4.025 2,907 £4,025 2,907 CREDITORS: ainounts falling due within one year -900 NET CURRENT ASSETS £4,025 2,007 NET ASSbTS £15,175 6,007 CIIARITY FUNDS Unrestricted fund8 15,175 6,007 Restricted funds TOTAI. FUNDS 15,175 6,007 The financial statements were approved by the Trustees and signed on their behalf, by: Signature.... Date. 26065 The notes on pages 8 & 9 forni part of these financial statements ## **NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 AUGUST 2023** ## **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 (2023: 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 2023** _**(Continued)**_ ## **2. VOLUNTARY INCOME** |**Incoming Resources:**
Donations & Offerings
Gift Aid Tax Reclaimed
**Total Incoming Resources**
**3. RESOURCES EXPENDED**
**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**|**Unrestricted**
**Total**
**Total**
**2023**
**2023**
**2022**
**£**
**£**
**£**
59,156
59,156
47,000
13,214
13,214| |---|---| ||**72,371**
**72,371**
**47,000**| ||**Unrestricted**
**Total**
**Total**
**2023**
**2023**
**2022**
**£**
**£**
**£**
256
256
-
109
109
1,714
8,176
8,176
10,686
1,373
1,373
300
3,471
3,471
3,050
13,336
13,336
7,426
11,034
11,034
5,145
3,480
3,480
5,884
11,064
11,064
14,049
705
705
200
6,763
6,763
1,310
978
978
430
**60,743**
**60,743**
**50,193**| |**b) Governance Costs**
Independent Examiners
**Total**|2,460
2,460
900| |---|---| ||**2,460**
**2,460**
**900**| **9 |** P a g e