Registered number 1 125675
Liberty Christian Centre (Hemel Hempstead)
Report and Accounts
31 December 2020
Liberty Christian Centre (Hemel Hempstead)
Report and accounts Contents
| Page | ||
|---|---|---|
| Charityinformation | ||
| Trustees' report | 1 | |
| Independent Examiner's report | 2 | |
| Statement of Financial Affairs | 3 | |
| Balance sheet | 3 | |
| Notes to the accounts | 4 |
Liberty Christian Centre (Hemel Hempstead) Charity Information
Trustees
Rev Maurice Addo-Yeboah Rev. William Smart Asante Mr Samuel Anim Mr Emmanuel Darko Ms Denisia Adum Mrs Alice Addo-Yeboah
Secretary
Rev. Maurice Addo-Yeboah
Accountants
Ephraman & Co Chartered Certified Accountants 4 South Walk West Wickham Kent BR4 9JA
Registered Charity number 1 125675 Registered number: 1125675 Trustees' Report
The trustees present their report and accounts for the year ended 31 December 2020
Principal activities
The charity's principal activity during the year continued to be the running of a church. The preaching of the gospel and advancement of Christian religion, and the allleviation of poverty and helping the weak and vunerable in society
Trustees
The following persons served as trustees during the year.
Rev. Maurice Addo-Yeboah Rev William Smart Asante Mr Samuel Anim Mr Joseph Quagraine Mr Emmanuel Darko Ms Denisia Adum Mrs Alice Addo-Yeboah
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Liberty Christian Centre (Hemel Hempstead)
This report was approved by the board on 26 August 2021 and signed on its behalf.
Rev. Maurice Addo-Yeboah Trustee
Independent Examiner's Report
Independent Examiner's report to the trustees of Liberty Christian Centre (Hemel Hempstead) We report on the Financial Statements for the year ended 31 December 2020 set out on pages 4 to 7.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 201 1 (the Charities Act) and that an Independent examination is needed.
It is my responsibility to.
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Examine the accounts under section 145 of the Charities Act,
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To follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
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To state whether particular matters have come to my attention
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the 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 the 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:
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1) which gives me reasonable cause to believe that in, any material respect, the requirements.
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to keep accounting records in accordance with section 130 of the Charities
Act, -
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
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Liberty Christian Centre (Hemel Hempstead)
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Afari E, Barnwell FCCA
Ephraman & Co Chartered Certified Accountants
4 South Walk BR4 9JA
26 August 2021
Statement of Financial Affairs
for the year ended 31 December 2020
| Notes | 2020 | 2019 | |||
|---|---|---|---|---|---|
| Incoming Resources | 43,293 | 51 ,686 | |||
| Direct Charitable Expenditure | (30,758) | (31 ,404) | |||
| Gross surplus | 12,535 | 20,282 | |||
| Management & Administration | (12,964) | (9,500) | |||
| (Deficit)/surplus on ordinary | activities | (429) | 10,782 | ||
| Operating (deficit)/surplus | 2 | (429) | 10,782 | ||
| (Deficit)/surplus for the financial year | (429) | ||||
| 10,782 | |||||
| Funds brought forward | 21 ,869 | 1 1 ,087 | |||
| Total Funds | 21 , 440 | 21 ,869 | |||
| Balance Sheet | |||||
| as at 31 December 2020 | |||||
| Notes | 2020 | 2019 | |||
| Fixed assets | |||||
| Tangible assets | 3 | 5,353 | 6,691 | ||
| Current assets | |||||
| Cash at bank and in hand | 16,482 | 15,573 | |||
| Creditors: amounts falling due |
3
Liberty Christian Centre (Hemel Hempstead)
| within one year | 4 | (395) | (395) | ||
|---|---|---|---|---|---|
| Net current assets | 16,087 | 15,178 | |||
| Net assets | 21 440 | 21 869 | |||
| Funds | |||||
| Funds | 5 | 21 , 440 | 21 ,869 | ||
| Total funds | 21 440 | 21,869 |
The trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an audit
The members have not required the charity to obtain an audit.
The trustees acknowledge their responsibilities for complying with the requirements of the Charity law with respect to accounting records and the preparation of accounts.
Rev Maurice Addo-Yeboah Chair of Trustees Approved by the board on 26 August 2021
Notes to the Accounts
for the year ended 31 December 2020
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents donations and gifts to the church
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
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Liberty Christian Centre (Hemel Hempstead)
| Church Equipment | 20% reducing balance | |||
|---|---|---|---|---|
| Furniture & Fittings | 20% reducing balance | |||
| 2 | Operating surplus | 2020 | 2019 | |
| This is stated after charging. | ||||
| Depreciation of owned fixed assets | 1 ,338 | 1 ,673 | ||
| 3 | Tangible fixed assets | |||
| Improveme | ||||
| nt to | ||||
Cost |
||||
| At 1 January 2020 | 12 722 | |||
| At 31 December 2020 | 12 722 | |||
| Depreciation | ||||
| At 1 January 2020 | 6 031 | |||
| Charge for the year | 1 338 | |||
| At 31 December 2020 | 7,369 | |||
| Net book value | ||||
| At 31 December 2020 | 5,353 | |||
| At 31 December 2019 | 6,691 | |||
| 4 | Creditors: amounts falling due within one year | 2020 | 2019 | |
| Notes to the Accounts for the year | ||||
| ended 31 December 2020 | ||||
| Other creditors | 395395 | |||
| 5 | Funds | 2020 | ||
| At 1 January 2020 | 21,869 | |||
| Deficit for the year | (429) |
5
Liberty Christian Centre (Hemel Hempstead) At 31 December 2020 21.440
Liberty Christian Centre (Hemel Hempstead)
Schedule to Statement of Financial Affairs
| Schedule to Statement of Financial Affairs | ||
|---|---|---|
| for the year ended 31 December 2020 | ||
| Direct Charitable Expenditure | ||
| Ministry Expense | 1 435 | 1 ,668 |
| Rent & Rates and related Exp | 26,423 | 26,391 |
| Ministry Gifts & Honoraria | 600 | 1,050 |
| Evangelism & Missions | 2,088 | 1,721 |
| Church Welfare | 212 | 574 |
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2020
2019
Incoming Resources Gifts, Donations & Gift Aid
Liberty 43,293 Christian 51 686 Centre (Hemel Hempstead)
30,758 31 ,404
| Management | & | Administration | ||
|---|---|---|---|---|
| Employee costs | ||||
| Motor expenses | 173 | |||
| Entertaining | 41 | |||
| 214 | ||||
| Premises costs | ||||
| Light and heat | 3,810 | 3,725 | ||
| 3,810 | 3,725 | |||
| General administrative | expenses | |||
| Telephone and | fax | 761 | 756 | |
| Admin, Stationery and printing | 255 | |||
| Transport & Travel | 50 | |||
| IT & Software | 1,981 | |||
| Subscriptions & Affiliations | 168 | 919 | ||
| Insurance | 1 ,691 | 1,566 | ||
| Repairs and maintenance | 2,324 | |||
| Depreciation | 1 ,338 | |||
| Sundry expenses | 232 | 834 | ||
| Legal and professional | costs | |||
| Accountancy fees | 395 | 395 | ||
| 8,545 | 5,380 | |||
| 395 | 395 | |||
| 12,964 | 9,500 |
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