MINISTERIO COMUNIDADE CRISTA
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30[th] JUNE 2021
CHARITY NUMBER: 1126838
MINISTERIO COMUNIDADE CRISTA 59A SYDENHAM ROAD LONDON SE26 5EX INDEX Page Index 1 Legal & Administrative details 2 Trustee’s Report 3-4 Independent Examiner’s Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes on the financial Statements 8 – 11
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MINISTERIO COMUNIDADE CRISTA
LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 30[th] JUNE 2021
ADDRESS FOR CORRESPONDENCE
59A SYDENHAM ROAD LONDON SE26 5EX
REGISTERED CHARITY NUMBER
1126838
GOVERNING DOCUMENT
DECLARATION OF TRUST 5[TH] NOVEMBER 2008.
TRUSTEES/ DIRECTORS
Alexandre da Silva Izumi Tania Regina Azevedo Izumi
PRINCIPAL BANKERS
HSBC BANK
141 HIGH STREET BECKENHAM, KENT BR3 1BX
INDEPENDENT EXAMINER
FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH
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MINISTERIO COMUNIDADE CRISTA
TRUSTEES’ REPORT YEAR ENDED 30[TH] JUNE 2021
The trustees are pleased to present their report for the year ended 30[TH] June 2021 for the charity, Ministerio Comunidade Crista with charity number 1126838.
The Trustees of the charity are: Alexandre da Silva Izumi
Tania Regina Azevedo Izumi
The principal address of the charity is : 59A Sydenham road London
SE26 5EX
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a declaration of trust that was executed 5[TH] November 2008 .The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
OBJECTIVES AND ACTIVITIES
The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.
ACHIEVMENTS AND PERFORMANCE
The Organisation continues to hold successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The church was restricted to hold its meetings and services online during part of the year because of the pandemic. This restricted their ability to meet with members and support as they would have liked.
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FINANCIAL REVIEW
The income of the charity is above £29,000. This is a good amount for this year of the charity the costs have been well managed over this period. The majority of the costs was on the premises used for place of worship and transport and accommodation costs of guests at their conferences. The organisation is still in a good position to manage its costs.
FUTURE DEVELOPMENTS
The church intends to continue to host its regular yearly conferences in UK. The intended re-appointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective
RESERVE POLICY
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.
RISK MANAGEMENT
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
TRUSTEE RESPONSIBILITIES
Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 1993.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 29[th] April 2022 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees MINISTERIO COMUNIDADE CRISTA
I report on the accounts of the church for the year ended 30[th ] June 2021 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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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 church 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 I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of 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 aspect, 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 2011 Act
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
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(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION Unit 5 Generator Business Centre 95 Miles road Mitcham Surrey CR4 3FH
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MINISTERIO COMUNIDADE CRISTA
Statement of Financial Activities for the year ended 30th June 2021
| Unrestricted Total Funds Funds 2021 2020 Incoming ResourcesNote £ £ £ from generated funds Donations and Legacies 2 25946 25946 29684 Investment income 2 0 0 0 _ ___ ___ _ 25946 25946 29684 Other 3343 3343 0 _____ _ Total Incoming 29289 29289 29684 Resources _____ _ Resources Expended Charitable activities in furtherance of objectives Charitable Activities 3 29,288 29,288 31174 Other 4 68 68 0 _____ Total Resources 29,356 29,356 31174 Expended _____ Net movement in funds -67 -67 -1490 Reconciliation of Funds Total Funds brought forward 3394 3394 4884 Total Funds carried forward 3,327 3,327 3394 |
Unrestricted Total Funds Funds 2021 2020 £ £ £ 25946 25946 29684 0 0 0 |
Unrestricted Total Funds Funds 2021 2020 £ £ £ 25946 25946 29684 0 0 0 |
|---|---|---|
| ___ ___ __ 25946 25946 3343 3343 |
___ 29684 0 |
|
| _________ 29289 29289 |
___ 29684 |
|
| ___ 31174 0 |
||
| _________ 29,356 29,356 |
___ 31174 |
|
| _________ -67 -67 3394 3394 3,327 3,327 |
___ -1490 4884 3394 |
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
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MINISTERIO COMUNIDADE CRISTA Balance Sheet as at 30th June 2021
| Note 2021 Fixed Assets £ Tangible fixed assets 0 _ 0 _ Current Assets Cash at bank and 2527 in hand Debtors & prepayment 6 1160 3687 Creditors:amounts falling due within one year Creditors & accruals 5 360 _ Net Current Assets 3327 _ Net Assets 3327 Unrestricted Funds General Fund 3327 ___ TOTAL FUNDS 3327 |
2020 £ 0 |
|---|---|
| ___ 0 |
|
| ___ 2594 1160 |
|
| 3754 360 |
|
| ___ 3394 |
|
| ___ 3394 3394 |
|
| ___ 3394 |
Alexandre Izumi Trustee
__________ Trustee's signature
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MINISTERIO COMUNIDADE CRISTA
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[ST] JUNE 2021
1.1 Basis of Accounting
These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts 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) issued on 16 July 2014.
1.2 Going Concern: The accounts are prepared on a going concern basis.
1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
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1.4 No changes to the accounting estimates have occurred in the reporting period
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1.5 No material prior year error have been identified in the reporting period.
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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The charity becomes entitled to resources;
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It is more likely than not that the trustees will receive the resources;
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The monetary value can be measured with sufficient reliability.
Grants and Donations
Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)
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Tax reclaim on donations and gifts
Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
EXPENDITURE AND LIABILITIES
Liability Recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Grants and Support Costs
Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
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MINISTERIO COMUNIDADE CRISTA NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[ST] JUNE 2021
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
ASSETS
Tangible Fixed Assets for use by the charity
They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.
Debtors
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash
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MINISTERIO COMUNIDADE CRISTA Notes to the accounts for year ended 30th June 2021
| 2 Voluntary Income Tithes and Gift Aid Total |
£ £ 2021 2020 Offerings 25946 29684 3343 0 _________ 29289 29684 _________ |
|---|---|
| **3 ** | Cost of Activities in | furhterance | of Charity's Objectives |
|---|---|---|---|
| 2021/£ | 2020/£ | ||
| Church Rent | 5695 | 7400 | |
| Stationary | 0 | 365 | |
| Telephone | 688 | 764 | |
| Transport | 889 | 2062 | |
| Church house rent | 17500 | 15950 | |
| Webhosting | 0 | 0 | |
| Subscription | 109 | 100 | |
| Admin services | 328 | 0 | |
| Youth ministry | 0 | 1365 | |
| Rates | 1487 | 1424 | |
| Mission | 81 | 1217 | |
| Insurance | 0 | 0 | |
| Supplies | 161 | 0 | |
| Travel costs | 0 | 0 | |
| Church events | 0 | 0 | |
| Refreshments | 200 | 116 | |
| Accounting services | 360 | 360 | |
| Events | 1789 | 0 | |
| Bank charges | 1 | 31 | |
| Tax/Ni | 0 | 0 | |
| Advertising | 0 | 19 | |
| Charity | 0 | 0 | |
| Welfare | 0 | 0 | |
| Total | 29288 | 31174 |
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All wor kwas carried out by volunteers in the organisation.
5 Creditors: amounts falling due within one year
| 2021/£ | 2020/£ | ||
|---|---|---|---|
| Creditors | 360 | 360 | |
| Total | 360 | 360 | |
| **6 ** | Debtors and Prepayments | 2021/£ | 2020/££ |
| Tax recoverable | 1160 | 1160 |
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