ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023
HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
COMPANY REGISTRATION No: 06591864
CHARITY REGISTRATION No: 1124965
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
1
HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
| Page 3 | Legal & Administrative Information |
|---|---|
| Pages 4 to 7 | Report of the Directors |
| Page 8 | Independent Examiner's Report |
| Page 9 | Statement of Financial Activities |
| Page 10 | Balance Sheet |
| Pages 11 to 16 | Notes to the Financial Statements |
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HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1124965 COMPANY REGISTRATION NUMBER 06591864 DATE OF INCORPORATION 13th May 2008 START OF FINANCIAL YEAR 1st September 2022 END OF FINANCIAL YEAR 31st August 2023 DIRECTORS AT 31ST AUGUST 2023 J. Quintanilla (Chair) N. Parkinson J Hien - Appointed 17.10.22 S. Theunissen - Resigned 28.3.23 COMPANY SECRETARY S. Quintanilla GOVERNING DOCUMENT Memorandum and Articles of Association incorporated 13th May 2008 as amended by special resolution dated 20th June 2008.
OBJECTS
A) To advance the Christian Faith in accordance with the statement of beliefs in the schedule to the articles hereto attached in such ways and in such parts of the West Midlands, the United Kingdom or the world as the trustees from time to time may think fit.
B) Such other charitable purposes as the trustees shall decide.
REGISTERED ADDRESS 15 Primrose Drive Bedworth Coventry Warwickshire CV12 0GL BANKERS CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
INDEPENDENT EXAMINER K Gomes Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
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HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST AUGUST 2023
The Trustees, who are also directors of the Charity for the purposes of the Companies Act, submit their annual report for the year ended 31 August 2023.
Structure, Governance and Management
a) Governing Document
The organisation is a charitable company limited by guarantee, incorporated on 13[th] May 2008 and registered as a charity on 14[th] July 2008. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
b) Appointment of Trustees
The directors of the company are also the Trustees for the purposes of Charity Law. Trustees are appointed by resolution of existing trustee body, upon the Senior Pastor’s approval.
c) Trustee Training
All Trustees given Training Manual, and Trustees & Administrators Toolkit produced by Independent Examiners. Additionally Trustees completed online training during lockdown.
d) Risk Management
The Trustees periodically review risk concerning Health and Safety procedures during Sunday Services including children's work, appropriate Public Liability Insurance and DBS screening for those working with children to ensure they meet the needs of the charity. The charity is a member of the Churches Child Protection Advisory Service and operates within their policies and guidelines. The Charity hires professional Fire Services and a weekly fire check of alarms and emergency lighting is carried out in addition to an annual audit by the Fire Services Contractors. A monthly inspection is also undertaken by the ‘in-house’ Fire Wardens. Processes have been put in place to ensure compliance with GDPR.
e) Organisational Structure
The Trustees provide strategic and visionary leadership to the organisation. All the Trustees are familiar with the charity’s organisation and operations. Rev John Quintanilla oversees the day to day running of the charity and a Leadership Team that manages volunteers to ensure the effective discharge of responsibilities. The Leadership Team usually meets every month or two. He networks with other similar charitable organisations in both Coventry and the UK.
Objectives and Activities
The company’s objects and principle activities are to:
i) Advance the Christian faith in accordance with the Statement of Faith of the charity.
ii) 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.
Strategies for Achieving Objectives
Sunday Services (including Children’s Church) Bible College, Mid-Week meetings and special events, Small Groups, Men’s/Women’s Ministry, Evangelism Outreach Programme, Youth Meetings, Foodbank, Media, Bookshop.
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HEBRON CHRISTIAN FAITH MINISTRIES (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (Continued) FOR THE YEAR ENDED 31ST AUGUST 2023
Achievements
Hebron Christian Faith Church
This year has seen a steady increase in attendance. We now average approximately 200 weekly.
We had one of our periodic ‘New Members 'courses which run over a two week period for those who have recently joined the church.
We held both men’s and ladies meetings and also had a ladies conference with a guest speaker from the USA, which was very successful and well attended.
The mothers and toddlers is continuing to run on a monthly basis.
Weekly youth meetings on Friday evenings for those over the age of 12 are well attended and numbers are increasing.
We also now have a Young Adults group which meets twice monthly.
We continue to encourage people to get involved in the various service teams we have within the church. This gives people the opportunity to get to know one another whilst undertaking some type of fulfilling service in the church.
Once again we distributed over 130 toiletry hampers to 5 local old age homes in the community. The church has been invited to hold monthly services for the old people in one of these homes.
Since Covid, we are no longer holding Annual Family Fun Days for the community, instead trustees decided to start a Community Fund to financially support selected needs within the Community.
The charity continues to financially support a number of other Christian charities and missions, including:
| Metro World Child | Open Doors |
|---|---|
| Christians United for Israel | Jesus Alive Ministries/Life Outreach |
| Joseph Storehouse | Hope for Israel |
| United Christian Broadcasters | Christian Concern |
| Christian Institute | British Pakistani Christian Association |
| Foodbank | Mark Hankins Ministries |
| Kenneth Copeland Ministries | World Compassion |
The charity acknowledges the faithful contributions of numerous volunteers in various arms of the church ministries – overseers, children's and youth workers, deacons, ushers, musicians, sound engineers, cleaners, mini-bus drivers, media, hospitality. They are crucial to the successful and effective running of the charity.
Coventry Bible College
The Bible College continues to maintain good numbers in spite of the lockdown. To date we have approximately 49 students in attendance from Coventry and the surrounding areas representing at least 14 different churches.
We have two student intakes annually, one in March and a second in September. The college operates on a part time basis as this makes learning more accessible to people from a wide variety of churches across the Midlands and beyond.
The curriculum for both levels is set and each run on a two year rolling basis which enables new students to slot in at any point with ease. We have increased our team of U.K based lecturers this year.
We have had several guest lecturers join us throughout this year from various parts of the world bringing their specific field of expertise .
We held our Coventry Bible College Graduation this summer which saw many of our Level 1 and Level 2 students graduate.
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HEBRON CHRISTIAN FAITH MINISTRIES (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (Continued) FOR THE YEAR ENDED 31ST AUGUST 2023
Financial Review
The principle source of funding of the charity is from the contributions of its members who support its objectives in the form of tithes and offerings.
Reserves
There is no reserves policy in place at this time as all income is put towards developing the ministry. However the trustees regularly review the finances of the ministry and agree that the minimum level of reserves aimed for should be the equivalent of three months fixed costs. In anticipation of the purchase of the building, we continue to accrue finances in the church’s savings account.
Future Plans
Hebron Christian Faith Church
We envisage continued, steady growth in the church as we continue to become more established in the community with more people becoming aware of our presence here.
The lease on our current premises ends on 25th December 2023. We are pushing ahead with plans to purchase the part of this building that we currently occupy. The church is continuing to accrue funds for the purchase of the building.
The charity will continue to financially support various Christian Ministries with similar objectives. We are seeking out additional ways to be a benefit to our local community and are planning to create a goodwill fund for activities within the community. We will also continue with the Christmas project to old age homes given the success of each year.
Outreach into the City Centre is planned for Easter. We plan to take the worship team and do some drama.
Coventry Bible College
A number of the Level 1 and Level 2 students will graduate in July with the remainder continuing the second part of their respective courses. New students will be joining in both September and February of this coming year.
We will continue to do periodic Facebook Ad Campaigns to raise awareness of the Bible College this coming year, which along with word of mouth, will assist in the growth of CBC.
We will continue to aim to bring in top quality lecturers within their own respective fields to teach the students from across this nation and nations further afield.
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HEBRON CHRrsrIAN FArrH MINIsfRIES (A COMPANY LIMITED BY GUARAMTEE) REPORT OF THE DIREcfoRS (ContFnued) FOR THE YEAR ENDED 31ST AUGiIST 2023 t•m•nt ol Dbr•¢tv•' RwoMlblllU•¥: The ch•r(( ALt and the Companies ALt ryuirE the eoard (rf Trustees to wepllre finaKOal srotsmonts for flnanclal year whlth a¢ a tnje and falr ¥lew cl the stkn of altslr% of the thfty a$ at the erbj of the flr&indaF y d d the surp$ or defictt of the th•tfty. In those fina stale1r[S the wEquEd to :. 511¢rt sultab a(tthJntMlg and then aFfly th•n o)nststtntty' b) prewre the flnandal statements ttn ts 9)IrHJ basts It Inapproprfjre to prwume thai the •rtty wll tontlnue In business.. d) ft41cwed wb)ect to any mjtertal dep¥tww explalnt¢Y kn the flnarwW #•tsmeNs. The Dlrettcr4 are YesportslbbE ffl•tr•knlrv4 Wvaie atewntkn9 d&lose wnh rea>)nab 4ccu¢acy at any t1me the 1knar1 of the thèrlty a1 whKh are suffhJenr ro sho and eXairt the charfly's transartlons eDabbD th to enwre trt ttré finJndal #Jtements vmth the Comp4nl85 Lt 2006 bnd cwnpty wlth regul¢)5 made under the Charits Act. They are ako ryspfyigble 1¢¢ Fe¢ardIng th? assets of the chartty and hence for takln9 re48oftab Slep5 for the pre¥enUon and dotethon al fr•uO and other Irrngulaflue The Dlrectors ère also responslwe contents c• the Dlrertors. reporL ènd the resP)nblty of the Independent ex4mlner In reladon to the DIre5. Yep)rt ts Imited to exarrdnlty the Yeport Ind en5urfrg that on the IKe of the report, no the IhJur•s In th• fiMnoTrl •twnentr tonwlas r•9im•. r opprove the attKhed stat•71•1t cl finandal att•S •ThJ b•lJKe sheei lor the y•x •d Jim Auw8t 2023 nrm Ihat I hove mad2 avalbJb 1 Inlormaikn he(e5wy f 11 MA Approved by tho re£S w the_-........_..... ................. Slgne(J on the by reCtOr..... prtnted Narne: Mr x Wrrtartllp
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31st August 2023 set out on pages 9 to 16.
Respective responsibilities of trustees and examiner
As the charity’s Trustees of Hebron Christian Faith Ministries (and also its directors for the purposes of company law) you 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 Hebron Christian Faith Ministries 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 as 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
Independent examiner’s statement
Since Hebron Christian Faith Ministries 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 because I am a member of the Chartered Institute of Management Accountants, 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:
-
accounting records were not kept in respect of Hebron Christian Faith Ministries as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting 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
-
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.
Date : 20.5.24
Signed :
K Gomes FCIE MAAT Independent Examiners Ltd Unit 2, The Broadfields Business Centre Delling Lane Bosham West Sussex PO18 8NF
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HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2023
(Incorporating Income and Expenditure Account)
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations & Legacies 3a Investment Income 3b Activities for Generating Funds 3c Charitable Activities 3d Other Incoming Resources 3e TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Generating Funds Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES EXPENDED NET INCOMING/ (OUTGOING) RESOURCES Balance Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2022/23 2021/22 £ £ £ £ 334,243 - 334,243 298,155 807 - 807 791 470 19,642 20,112 19,382 77,846 - 77,846 84,811 1,096 - 1,096 1,260 |
|---|---|
| 414,462 19,642 434,105 404,399 |
|
| 318,362 13,328 331,690 297,208 3,520 - 3,520 3,119 |
|
| 321,881 13,328 335,209 300,327 |
|
| 92,581 6,314 98,895 104,072 334,483 48,908 383,391 279,319 |
|
| 427,064 55,222 482,286 383,391 |
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 11 to 16 form part of these financial statements.
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HEBRON CHRisfIA14 FArrH MJNISTIUES (A COMPANY UMrrED BY IXIAIEAp¥fEE} BALANCE SHEET FOR THE YEAR ENDED 31ST AUGUST 2023 vrnestrthd RewKreO 31-Au23 314ug-22 Total Totsl Thnglble A$8éts Debto¢s & Prepayrnents Cash at 88nk and th Hand 23.486 407.502 23.486 462.725 55,222 386,359 $5222 480210 300300 CMdlt•r•'. amounts falHno duE Mlthln c•¢ y••r 3,924 3,924 196 NET CURREIIT4SSETS 42Y,064 55.222 482.286 383,391 437.064 55.222 4812•6 J•3,39l 427.1)64 55.222 4BA280 3,391 oe th• th•vlty General Funds R•#rtcted Funds 427.064 427,064 55.222 334.483 48,908 55.222 Totsl Pund# 427.1)04 55,222 48Ikn6 303,391 DlY•¢tOM' R•Bpor•lblllil: The dlrertvr5 are sjrisfleé that Ihe yw 31 August 2023 th• chartraW• corfwny was ente tt• exernptn fTom the requlrthment to Obtaln an under seckn 477 ¢Y the compan A(1 2006 and that member or Thernbers have requlred the mpaThY to otAaln audr( ol ar£otsnts fDr the year in queJtlon In accordanct wlth sectlon 476 of the kt. However, kn acccfdènce SLtsn 145 of the Chèrftles 2011, the accounts h•v• ti ¥nI tyy an appewsofv paoÈ 16. The dire¢tor5 a¢knw4 thew re5poThsiblitY corr¥tyin9 Vfth the reqre rf the Conwth kt 2<f&S respect to attountl9 rrfcfds ard th¢ weparnlioo of ewnt The 0)unts have been prepared In aoxdbnce wh the wovlskns Part 15 olthe C(¥npans ALt 2006 aprdkable to ctyiw8ns bject to the SMBM convn¥ •fid IA ordn(8 vAth tho Fwnd•l Aepxikng StaNdJrd for Smzlkr Entitio9 leffectfve 281. The dlrectors aCknd4Q ther respons4"4ty for thtt iiie coryarty keeps aCCor rwtyds whlth mply sethc•Tr 386 of the Act prepaTlng final SlotenlS ve a trye fair oe the 5rate ol affalrs Df the cw)pany as at the end of the flrbJndal year and and h)ss for the nnondal year In •ccorthnc with the requirer1lS ol saaw$ 394 arKI 395 aTrJ which otheryilse crnF4y rtqtsyrwrwts ol the pans Att 2006 r•tr4 to tount& so far as to o)nyrry. Apwoved by the DIreCtorsr the................. .. . ...._. . SlgnJ on th* beha¥trrf Clrectllr.... .... ..._............. prtmed Name.. Mr J. rltan11 io
HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2023
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1st January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the Directors are virtually certain they will receive the resources; and
▪ the 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 resource and related expenditure are reported 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 in the same financial period 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 has 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 receivable.
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 Directors' annual report.
Investment Income
This is included in the accounts when receivable.
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HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2023
1. ACCOUNTING POLICIES (Continued)
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the Directors' meetings and cost of any legal advice to Directors on governance or constitutional matters.
Changes in Accounting Policies and Previous Accounts
There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in 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 the resources, e.g. allocating property costs by floor areas, or per capital, staff costs by the time spent and other costs by their usage.
Fixed Assets
These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at Directors' best estimate of market value.
Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied per annum are as follows:
Fixtures and Fittings 25% - Reducing Balance Basis Motor Vehicles 25% - Straight Line Basis
2. TANGIBLE FIXED ASSETS
| Cost 01-Sep-22 Additions Cost at 31-Aug-23 Depreciation 01-Sep-22 Charge Depreciation at 31-Aug-23 Net Book Value 31-Aug-23 Net Book Value 31-Aug-22 |
Fixture & Motor 2022/23 Fittings Vehicles Total £ £ £ 4,974 8,300 13,274 - - |
|---|---|
| 4,974 8,300 13,274 |
|
| 4,974 8,300 13,274 - - - |
|
| 4,974 8,300 13,274 |
|
| - - - |
|
| - - - |
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31st August 2023 : Arval Vehicle Partners £5,495 31st August 2022 : Arval Vehicle Partners £4,973
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HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2023
3. INCOMING RESOURCES
| a) Donations & Legacies Gifts, Tithes & Offerings Gift Aid b) Investment Income Interest c) Activities for Generating Funds Property Income Café Income d) Charitable Activities Activities & Events Coventry Bible College e) Other Incoming Resources Books & Publications |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2022/23 2021/22 £ £ £ £ 274,003 - 274,003 248,102 60,239 - 60,239 50,053 |
|---|---|
| 334,243 - 334,243 298,155 |
|
| 807 - 807 791 |
|
| 807 - 807 791 |
|
| - 19,642 19,642 19,114 470 - 470 268 |
|
| 470 19,642 20,112 19,382 |
|
| 51,856 - 51,856 52,214 25,990 - 25,990 32,598 |
|
| 77,846 - 77,846 84,811 |
|
| 1,096 - 1,096 1,260 |
|
| 1,096 - 1,096 1,260 |
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HEBRON CHRISTIAN FAITH MINISTRIES (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2023
4. RESOURCES EXPENDED
| a) Charitable Activities Note Advertising & Publicity Books & Publications Building Costs Café Expenses Charitable Missions Children's Church Conference Costs Equipment Costs Evangelism Costs Graduate Expenses GSF Costs Hearing of Faith TV Helps Appreciation Event Homegroups Hospitality Costs Insurance Costs Ladies Ministry Legal Fees Licenses & Subscriptions Ministry Costs Motor Leasing Costs Motor Vehicle Costs Office Costs Pastoral Services Refunds & Reimbursements Rent & Rates Salaries & N.I 9 Service Charges Sunday Services Sundry Expenses Teaching & Training Costs Telephone Travel & Subsistence Utility Costs Worship Team b) Governance Costs Bank Charges Trustees Expenses Independent Examiners Fee |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2022/23 2021/22 £ £ £ £ 226 - 226 637 5,543 - 5,543 3,221 - 13,328 13,328 11,544 674 - 674 520 62,643 - 62,643 47,952 529 - 529 716 9,459 - 9,459 220 2,568 - 2,568 - 360 - 360 65 700 - 700 464 2,387 - 2,387 1,555 11,369 - 11,369 7,920 3,382 - 3,382 1,048 25 - 25 - 1,716 - 1,716 123 11,576 - 11,576 9,879 1,005 - 1,005 349 1,224 - 1,224 - 1,367 - 1,367 1,146 963 - 963 3,913 5,496 - 5,496 4,973 3,580 - 3,580 3,803 3,483 3,483 7,121 2,022 - 2,022 2,028 2,150 - 2,150 740 86,665 - 86,665 95,518 54,237 - 54,237 47,663 15,332 - 15,332 15,332 3,031 - 3,031 1,441 4,920 - 4,920 2,736 6,320 - 6,320 6,327 335 - 335 - 893 - 893 1,029 9,733 - 9,733 8,629 2,448 - 2,448 8,597 |
|---|---|
| 318,362 13,328 331,690 297,208 |
|
| 2,053 - 2,053 1,774 116 - 116 25 1,350 - 1,350 1,320 |
|
| 3,520 - 3,520 3,119 |
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HEBRON CHRISTIAN FAITH MINISTRIES
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2023
5. RESTRICTED FUNDS
| 5. RESTRICTED FUNDS | |
|---|---|
| Current year Building Fund Prior year Building Fund |
Balance Balance 01-Sep-22 Income Expenditure Transfers 31-Aug-23 48,908 19,642 13,328 55,222 |
| 48,908 19,642 13,328 - 55,222 |
|
| Balance Balance 01-Sep-21 Income Expenditure Transfers 31-Aug-22 34,339 19,114 4,544 48,908 |
|
| 34,339 19,114 4,544 - 48,908 |
The restricted funds are wholly represented by the Charity's cash reserves and are to be expended as specified above.
6. CASH AT BANK AND IN HAND
| Cash at Bank and in Hand 7. DEBTORS AND PREPAYMENTS Gift Aid |
Unrestricted Restricted Total Total Fund Fund 31-Aug-23 31-Aug-22 £ £ £ £ 407,502 55,222 462,725 386,359 |
|---|---|
| 407,502 55,222 462,725 386,359 |
|
| Unrestricted Restricted Total Total Fund Fund 31-Aug-23 31-Aug-22 £ £ £ £ 23,486 - 23,486 - |
|
| 23,486 - 23,486 - |
8. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Accruals Creditors |
Unrestricted Restricted Total Total Fund Fund 31-Aug-23 31-Aug-22 £ £ £ £ 1,350 - 1,350 120 2,574 - 2,574 2,848 |
|---|---|
| 3,924 - 3,924 2,968 |
15
HEBRON CHRISTIAN FAITH MINISTRIES (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST AUGUST 2023
9. STAFF COSTS AND NUMBERS
| 9. STAFF COSTS AND NUMBERS | ||
|---|---|---|
| Gross Wages and Salaries Employer's National Insurance Costs Pension Contributions |
2022/23 £ 48,711 - 5,526 54,237 |
2021/22 £ 40,176 - 7,487 |
| 47,663 |
Employees who were engaged in each of the following activities:
| 2022/23 | 2021/22 | |
|---|---|---|
| TOTAL | TOTAL | |
| Management & Administration | 4 | 3 |
10. DIRECTORS AND OTHER RELATED PARTIES
During the financial year Trustees Mr John Quintanilla received £14,402(£14,900 21/22) in salary related payments and £3,000 in Pension Contributions in his capacity as pastor of Hebron Christian Faith Church in furthering the Charity's objects.
During the financial year Mrs Sally Quintanilla (Spouse to Trustee Mr John Quintanilla) received £11,181(£13,300 2021/22) in salary related payments and £938 in pension contributions in her capacity as administrator in further the Charity's objects. Joshua Quintanilla (son to Trustee Mr John Quintanilla) works part time for the ministry and received £15,577 (£9,650 21/22) in salary related payments and £1308 in pension contributions this year.
No other payments were made to directors or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.
11. 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.
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