POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
ANNUAL REPORT
AND
FINANCIAL STATEMENTS
FOR YEAR ENDED 31 MAY 2023
CHARITY REGISTRATION NO:1126169
Independent Examiners Ltd Unit 2, The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
CONTENTS
Page 3 Legal and Administrative Information
Page 4 - 5 Trustees Report
Page 6 Independent Examiners Report to the Trustees
Page 7 Statement of Receipts and Payments
Page 8 Statement of Assets and Liabilities
Pages 9 - 11 Notes to the Financial Statements
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1126169 CHARITY REGISTRATION DATE 6 October 2008 START OF FINANCIAL YEAR 1 June 2022 END OF FINANCIAL YEAR 31 May 2023 TRUSTEES AT 31 MAY 2023 Leon Etten - Chair of Trustee Valentine Mupfururi - Appointed on 08/05/2023 Ebenezer Tetteh Azu - Appointed on 08/05/2023 Tubonimi Jnr Arinyedokiari - Appointed on 08/05/2023 Mukaya Mukanga - Resigned on 25/06/2023 Andrew Burke - Resigned on 14/02/2023
The existing Trustees appoint any new Trustees following the provisions laid out in the organisation's governing instrument.
LEGAL STATUS Unincorporated charity GOVERNING INSTRUMENT Constitution adopted 1 September 2008
OBJECTS
A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN THE SCHEDULE HERETO ATTACHED IN WOLVERHAMPTON 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;
B) THE RELIEF OF POVERTY AND SICKNESS AND TO RELIEVE THE DISTRESS CAUSED THEREBY REGARDLESS OF NATIONALITY, RELIGIOUS POLITICAL OR OTHER OPINION IN THE SAID WOLVERHAMPTON AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM AND THE WORLD AS THE CHURCH COUNCIL MAY FROM TIME TO TIME THINK FIT.
| CORRESPONDENCE ADDRESS | Clarence Street |
|---|---|
| Wolverhampton | |
| WV 4JL | |
| PRIMARY BANKERS | Lloyds TSB Bank Plc |
| Queen Square | |
| Wolverhampton | |
| INDEPENDENT EXAMINER | Z Derbak |
| Independent Examiners Ltd | |
| Unit 2 The Broadbridge Business Centre | |
| Delling Lane | |
| Bosham | |
| West Sussex | |
| PO18 8NF |
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MAY 2023
The Trustees are pleased to present their report along with the financial statements of the charity for the year to 31 May, 2023.
Reference and administration details
Charity Number: 1126169
Principle Address: Potter’s House church, Clarence Street, Wolverhampton WV1 4JL
Names of charity Trustees who manage the Charity
Mr Leon Etten Mr Mukaya Mukanga Mr Andrew Burke
The Trustees named have served throughout the year.
Appointment of Trustees is governed by the Constitution of the Charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies through resignation or death of an existing trustee.
Structure Governance and management
Governing Document Constitution adopted 1 September 2008
Constitution of Trustee and selection methods
The charity is constituted as a trust and the trustees are appointed by the existing trustees.
The Constitution authorises the Trustees to make and hold investments using general funds of the charity. No such investments are presently held.
Constitution, Objects and Policies
The Charitable Trust is constituted by Constitution, and its objects are to promote the Christian faith through worship. In order to do these regular activities are carried out and invitations given out to the public. Finance is raised purely from members contributions. The day to day running of the church is delegated by the Trustees to the Pastor.
Development, Activities and Achievements
The Trustees, Pastor, and church council are committed to enabling as many people as possible to worship at our church and to become active members and followers of Jesus Christ. Our services and worship put faith into practice through prayer and scripture, music and preaching. When planning our activities for the year, the Pastor and the church council have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our local community through: Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus. Provision of Pastoral Care for all who enter our doors and to the local community. Missionary and local community outreach work.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK
WOLVERHAMPTON CHURCH
TRUSTEES REPORT continued
FOR THE YEAR ENDED 31 MAY 2023
Related Parties
The Church has a close relationship with other churches in the Potters House Fellowship Worldwide, which share the same Beliefs and Doctrine. We regularly collaborate with fellowship Churches nationally to help reach our shared objectives as a Church and occasionally internationally also.
Financial Review
The finances from financial year 2022-23 reflected peoples love for God and commitment to their church. We are glad to report an increase from the previous year and used the extra cash flow to invest in the renovation of our building and continue our commitment to discipleship, church planting and world evangelism.
Objectives and Activities
The objects of the Church are: To advance the Christian faith in accordance with the Statement of Beliefs, in Derby 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 activities of the Church incorporate different events to achieve the objectives including regular Church services, Healing Crusades, Concerts, Dramas, Marriage Seminars and Men's Discipleship Classes. The regular Church Services, Healing Crusades, Marriage Seminars and Men's Discipleship Classes seek to teach and propagate the Christian faith through sermons constructed, based on Bible principles.
The events are held and run by the Church at the Church premises or at location, arranged by Church members. This provides an avenue to address anti-social behaviour, drug abuse, alcohol abuse and All contribute to the quality of life within our local society. Events and activities are organised, performed and coordinated by Church members who volunteer and are committed to the objectives of the Church.
Reserves Policy
The Charity's policy is to maintain sufficient unrestricted funds to cover the next month's expenditure. There are correct accounting policies in place to identify each restricted fund and the available balance at any point in time.
Trustees Responsibilities
The Charities Act 2011 require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the surplus of the trust for that period. In preparing those financial statements the trustees are required to:
-
Select suitable accounting policies and apply them consistently
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Make judgements and estimates that are reasonable and prudent
· Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence. The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the
assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the Trustees by ………………………………………………………………………
Name:………………………………………………………………………
Date:………………………………………………………………………
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INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
Report to the Trustees of Potters House Christian Fellowship UK Wolverhampton Church on the accounts for the year ended 31 May 2023 set out on pages 7 to 11.
Respective responsibilities of Trustees and examiner
The charity's Trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required this year under section 144 of the Charities Act 2011 (the 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 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 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 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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which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept (in accordance with section 130 of the Act); and
· accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Z Derbak MAAT AATQB Signed : Independent Examiners Ltd Unit 2,The Broadbridge Business Centre Date: 28.02.2024 Delling Lane Bosham W. Sussex PO18 8NF
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 MAY 2023
| Notes RECEIPTS : Voluntary Receipts 2a Charitable Activities 2b Investment Income 2c Other Receipts 2d TOTAL RECEIPTS PAYMENTS : Costs of Charitable Activities 3a Other Payments 3b TOTAL PAYMENTS NET INCOMING/(OUTGOING) RESOURCES Transfer between funds Balances Brought Forward 9 BALANCES CARRIED FORWARD |
Unrestricted Restricted Total Total Funds Funds 2022/23 2021/22 £ £ £ £ 107,978 600 108,578 100,149 0 0 0 0 2,026 0 2,026 1 901 0 901 768 110,905 600 111,505 100,918 94,922 1,015 95,937 93,633 2,365 0 2,365 222 97,287 1,015 98,302 93,855 13,618 -415 13,203 7,064 -415 415 0 0 59,714 0 59,714 52,650 72,917 0 72,917 59,714 |
|---|---|
The notes on pages 9 to 11 form part of these accounts.
All operations are continuing operations.
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MAY 2023
| Unrestricted | Unrestricted | Restricted | 31-May-23 | 31-May-22 | |
|---|---|---|---|---|---|
| ASSETS | Fund | Fund | Total | Total | |
| £ | £ | £ | £ | ||
| Cash Funds: | |||||
| Current Account | 7,035 | 0 | 7,035 | 6,408 | |
| Business Instant Access | 53,833 | 0 | 53,833 | 50,045 | |
| Online Account | 10 | 0 | 10 | 257 | |
| Instant Online Account | 12,039 | 0 | 12,039 | 3,004 | |
| 72,917 | 0 | 72,917 | 59,714 | ||
| Represented By: | |||||
| Unrestricted Funds | 72,917 | 0 | 72,917 | 66,778 | |
| Restricted Funds | 0 | 0 | 0 | 0 | |
| 72,917 | 0 | 72,917 | 66,778 | ||
| Assets retained for the Charity's own use: | |||||
| Equipment & Furnishings | 25,276 | 0 | 25,276 | 22,574 | |
| Current Assets: | |||||
| Other Current Asset | 292 | 0 | 292 | 0 | |
| LIABILITIES | 25,568 | 0 | 25,568 | 22,574 | |
| Independent Examiners Fee | 852 | 0 | 852 | 810 | |
| Salary | 30 | 0 | 30 | 0 |
882 0 882 810 TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS
Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities which are set out on pages 7 to 8.
Signed on behalf of the Trustees by ………………………………………………………………………………
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023
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.
| 2. RECEIPTS Note a) Voluntary Receipts Offerings and Donations Gift Aid Tax Recovered Love Offerings Pledges World Evangelism Conference Contribution 4 b) Charitable Activities Building Fund c) Investment Income d) Other Receipts Reimbursements Other |
Unrestricted Restricted Total Total Funds Funds 2022/23 2021/22 £ £ £ £ 87,200 0 87,200 80,999 17,475 0 17,475 13,691 1,488 0 1,488 0 0 0 0 5,459 1,815 0 1,815 0 0 600 600 0 107,978 600 108,578 100,149 0 0 0 0 0 0 0 0 2,026 0 2,026 1 2,026 0 2,026 1 409 0 409 128 492 0 492 640 901 0 901 768 |
|---|---|
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023
| 3. PAYMENTS Note a) Costs of Charitable Activities Accommodation and Hotels 4 Accounting & Independent Examination Agency Airfares Benevolence Books and Periodicals Charitable Giving Children's Ministry Church Cleaning and Decoration Church Furnishing Church Maintenance Church Rent Church Utilities Connect Café Courses and Training Equipment Fellowship Tithe Food bank Insurance Internet Love Offering and Preaching Fees Ministry Meals Mobile and Phone National Church Support Printing, Postage and Stationery Pension 5 Praise & Worship Ministry Refurbishment Salaries 5 Software Revival Expenses Fellowship Vehicle Hire & Fuel Expenses Website World Evangelism Youth and Sunday School b) Other Payments Sundry Payments |
Unrestricted Restricted Total Total Funds Funds 2022/23 2021/22 £ £ £ £ 4,446 1,015 5,461 3,217 1,156 0 1,156 1,905 498 0 498 166 2,896 0 2,896 523 22 0 22 1,122 390 0 390 254 150 0 150 0 925 0 925 913 1,097 0 1,097 545 288 0 288 130 259 0 259 1,276 17,500 0 17,500 17,500 2,870 0 2,870 1,755 3,136 0 3,136 1,791 0 0 0 23 2,414 0 2,414 708 8,463 0 8,463 8,189 0 0 0 427 387 0 387 370 341 0 341 505 7,920 0 7,920 6,070 2,120 0 2,120 1,102 231 0 231 499 5,800 0 5,800 15,800 620 0 620 349 1,138 0 1,138 1,231 277 0 277 698 375 0 375 0 22,071 0 22,071 22,986 662 0 662 833 118 0 118 0 1,274 0 1,274 0 960 0 960 970 364 0 364 277 3,498 0 3,498 1,500 256 0 256 0 94,922 1,015 95,937 93,633 2,365 0 2,365 222 |
|---|---|
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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK WOLVERHAMPTON CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023
| 4. RESTRICTED FUNDS Income Expenditure 01/06/22 £ £ £ 0 600 1015 0 600 1,015 5. PAYMENTS TO TRUSTEES Pastor Leon Etten was paid for his pastoral work as follows: Gross Salary Employer NI Employer Allowance Employer Pension Contributions Conference Hotel Contribution Opening balance |
Transfer 31/05/23 £ £ 415 0 415 0 2022/23 2021/22 £ £ 22,071 21,370 1,920 1,838 -1,920 -1,838 1,138 630 23,209 22,000 Closing balance |
|---|---|
£3,266 was paid to Leon Etten for expenses for carrying out his pastoral duties in the financial period. No other material transaction took place between the organisation and a trustee or any person connected with them. (2021/22: None)
6. 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.
7. 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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