2021-12-31-accounts - Liberty Christian Centre (Hemel Hempstead)

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

Registered number 1 125675

Liberty Christian Centre (Hemel Hempstead) Report and Accounts

31 December 2021

Liberty Christian Centre (Hemel Hempstead)

Report and accounts Contents

	Page
Charityinformation	1
Trustees' report		2
Independent Examiner's report		3
Statement of Financial Afairs		4
Balance sheet		5
Notes to the accounts		6

Liberty Christian Centre (Hemel Hempstead)

Charity Information

Trustees

Rev Maurice Addo-Yeboah Rev William Smart Asante Mr Emmanuel Darko Ms Denisia Adum

Secretary Rev. Maurice Addo-Yeboah

Accountants Ephraman & Co Chartered Certified Accountants 4 South Walk West Wickham Kent BR4 9JA

Registered Charity number

1 125675

Liberty Christian Centre (Hemel Hempstead) Registered number: 1125675

Trustees' Report

The trustees present their report and accounts for the year ended 31 December 2021

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 alleviation of poverty and helping the weak and vulnerable in society

Trustees

The following persons served as trustees during the year.

Rev Maurice AddoYeboah Rev. William Smart Asante Mr Emmanuel Darko Ms Denisia Adum

This report was approved by the board on 10 August 2022 and signed on its behalf

Rev Maurice Addo-Yeboah Trustee

Liberty Christian Centre (Hemel Hempstead)

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 2021 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

Liberty Christian Centre (Hemel Hempstead)

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 Commission (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 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,

Liberty Christian Centre (Hemel Hempstead)

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 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

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the

Liberty Christian Centre (Hemel Hempstead) accounts to be reached

Afari E. Barnwell FCCA Ephraman & Co Chartered Certified Accountants, 4 South Walk BR4 9JA 10 August 2022

Liberty Christian Centre (Hemel Hempstead)

o f

c i

a l

A f f a i r

f o r

t h e

y e a

Liberty Christian Centre (Hemel Hempstead)

n d

e d

3 1

m b

2 1

2 0 2 1
	Notes	2021	2020
Incoming Resources		55,306	43 293
Direct Charitable Expenditure		(32,340)	(30 758)
Gross surplus		22,966	12 535
Management & Administration		(8 940)	(12 964)
Operating surplus/(deficit)	2	14 026	(429)
Surplus/(deficit) on ordinary activities		14 026	(429)
Surplus/(deficit) for the financial year		14 026	(42 9)
Funds brought forward		21 440	21 869

Liberty Christian Centre (Hemel Hempstead) Total Funds 35 466 21 440

B
a
l
a
n
c
e
S
h
e
e
t
a
s
	Notes		2021		2020
Fixed assets
Tangible assets	3		5,553		5,353
Current assets
Cash at bank and in hand		30,30		16
		8		482
Creditors: amounts falling
due
within one year	4	(395)		(395)
Net current assets			29,913		16 087
Net assets			35 466		21 440
a
t

3 1 D e c e

Liberty Christian Centre (Hemel Hempstead)

m b e r 2 0 2 1

Funds Funds 5 35 466 21 440 Total funds 35 466 21 440

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 10 August 2022

1 0

Liberty Christian Centre (Hemel Hempstead)

t e

t o

t h e

A c c o u n t s f o r

t h e

y e a r

e n d e d

Liberty Christian Centre (Hemel Hempstead)

2 0

2 1

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

Church Equipment 20% reducing balance

1 2

Liberty Christian Centre (Hemel Hempstead) Furniture & Fittings 20% reducing balance

2 Operating surplus 2021 2020

This is stated after charging

Depreciation of owned fixed assets 1 388 1 338

3 Tangible fixed assets

Improveme nt to

Cost At 1 January 202112 722 Additions 1 588 At 31 December 2021 14 310

Depreciation At 1 January 2021 7,369 Charge for the year 1 388 At 31 December 2021 8,757

Net book value At 31 December 2021 5,553 At 31 December 2020 5 353

4 Creditors: amounts falling due within one year 2021 2020

Liberty Christian Centre (Hemel Hempstead) Notes to the Accounts for the year ended 31 December 2021 Other creditors 395 395

5 Funds 2021

At 1 January 2021 21 440 Surplus

1 4

LibertyChristian	LibertyChristian	ChristianCentre (Hemel
Hempstead)
for the year	14
026
At 31 December 2021		35 466
S
c
h			2021	2020
e
d Incoming Resources
u Gifts, Donations & Gift Aid	Gifts, Donations & Gift Aid	Gifts, Donations & Gift Aid	55 306	43 293
Management & Administration
Employee costs
Motor expenses			173	173
Entertaining				41
			173	214
Premises costs
Light and heat				3,810
			2,443	3,810
General administrative expenses		General administrative expenses
Telephone and fax			266	761
Transport & Travel			59	50
IT & Software			1 666	1 981
Subscriptions & Affiliations			96	168
Bank charges			18
Insurance			2,329	1 691
Repairs and maintenance				2,324
Depreciation			1 388	1 338
Sundry expenses			107	232
			5,929	8 545
Legal and professional costs		Legal and professional costs
Accountancy fees			395	395
			395	395
			8 940	12,964

1 5

Liberty Christian Centre (Hemel Hempstead)

LibertyChristianCentre (Hemel
Hempstead)
r
2
0
2
1
Direct Charitable Expenditure
Ministry Expense	2 480	1 435
Rent & Rates and related Exp	28 094	26 423
Light, Heat & Water	50
Ministry Gifts & Honoraria	800	600

2 2

LibertyChristianCentre (Hemel
Hempstead)
Evangelism & Missions		2,088
Church Welfare	916	212
	32,340	30,758

2 3