NEW METHODIST CHRISTIAN FELLOWSHIP
New Methodist Christian Fellowship
Report of the trustees for the year ending 31 December 2020
The New Methodist Christian Fellowship presents its annual report and accounts for the fiscal year ending December 31, 2020, and confirms that it complies with the Charities Act 2011, the trust deed, and the Charities SORP. (FRS 102).
Aims: The Church is governed by a Declaration of Trust dated May 7, 2009, which was signed by the Charity Commissioners for England and Wales and set down the rules for trustee appointment.
Objective : In the UK and other areas of the world, the Church assists congregations/members in their Christian faith in promoting, supporting, and preserving good health, as well as relieving sickness and financial distress within their families. New Methodist Christian Fellowship organises and delivers Christian educational training to help members progress in their abilities and skills. We are also committed to assisting children, families, and communities in Germany, the United Kingdom, Australia, New Zealand, the United States of America, Tonga, Solomon Islands, Vanuatu and Fiji in realising their full potential by combating poverty and injustice through their Christian faith and religion.
Through our academic curriculum, pastoral care, sporting and other activities, we provide an educational environment where members or congregation can learn. As a result, we are preparing our students for the chances, responsibilities, and experiences that will come later in life. through our academic programme, spiritual care, sports, and other extracurricular activities.
As a result, we are preparing our students for the chances, responsibilities, and experiences that will come later in life.
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Share the life, death, and resurrection of Jesus Christ, which was one of our main goals for the year.
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Encourage individuals to believe in God.
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Teach God's Word: • Community Service
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Arrange for Christian educational events to be held.
REVIEW OF ACTIVITIES AND ACHIEVEMENTS
In 2020, there were no church activities took place due to Covid-19. All church activities were conducted via Zoom.
Charity Work
There were 2 Charity Work organised in 2020.
1. English Wine & Food Festival Several members of our congregation volunteered to assist during the Didcot English Wine & Food Festival. We offered to help as part of our community service, which was organised by the council.
2. Didcot Mini Festive Market
- Ten people of our congregation offered to assist the Mini Festive Market in Didcot.
Finance
The church is supported by the congregation's tithes and offerings, which are collected at the end of each month's church service. This is, where our church finance comes from.
NCF Income/ Expenses for 2020
| Month | Income | Expence | Total | Remark |
|---|---|---|---|---|
| Jan | 5931.14 | 4934.92 | 996.22 | |
| Feb | 8018 | 6778.2 | 1239.8 | |
| Mar | 8721.8 | 8011.27 | 710.53 | |
| Apr | 9446.6 | 8141.51 | 1305.09 | |
| May | 7863 | 9538.77 | -1675.77 | |
| June | 9197.31 | 8489.64 | 707.67 | |
| Jul | 9775.31 | 7043.34 | 2731.97 | |
| Aug | 9333.38 | 7099.67 | 2233.71 | |
| Sept | 8399.7 | 11055.25 | -2655.55 | |
| Oct | 11809.7 | 8833.88 | 2975.82 | |
| Nov | 9657.18 | 10323.66 | -666.48 | |
| Dec | 9941.4 | 9129.35 | 812.05 | |
| Total | 108094.52 | 99379.46 | 8715.06 | |
| D/D Insurance 1820.78 Cheque No:000099 1890 Armstrong Acc Cheque No:0000100 1407.79 Leaders Anniv M/Sunday 94260.89 |
Digitally Signed Document Document ID: 2E2209018E8944
Document Details:
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Filename: T157 Final Report 2020.PDF
Client of: Armstrongs Chartered Accountants
Signature Details
Name: Josua Biu Koto
Email: biukoto@hotmail.com
Date & Time: 20/06/2022 13:28:40 (BST)
IP Address: 86.10.64.150
Josua Biu Koto confirms that the information is correct and
Signing Statement:
complete to the best of their knowledge and belief.
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Digital Certificate
The approved PDF file has been digitally certified. Please check the Digital Certificate information in your PDF viewer to verify the Digital Certificate authenticity and the PDF has not been tampered with.
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On behalf of: Armstrongs Chartered Accountants
PDF digital certificate: IRIS Software Group Limited
Digital certificate issued by: GlobalSign
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Please keep a copy of this document for your records.
REGISTERED CHARITY NUMBER: 1129456
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
FOR
THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
Armstrongs Chartered Accountants and Tax Advisers
1 & 2 Mercia Village Torwood Close Westwood Business Park Coventry West Midlands CV4 8HX
THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1129456
Principal address
6 Vale View Nuneaton Warwickshire CV10 8AL
Trustees
Mr J Koto Ms O Sanday Mr L Naduva (appointed 4.2.2022) Ms I Matalomani (appointed 4.2.2022)
Independent Examiner
Armstrongs Chartered Accountants and Tax Advisers 1 & 2 Mercia Village Torwood Close Westwood Business Park Coventry West Midlands CV4 8HX
Approved by order of the board of trustees on 29 May 2022 and signed on its behalf by:
Mr J Koto - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
Independent examiner's report to the trustees of The New Methodist Christian Fellowship (Europe)
I report to the charity trustees on my examination of the accounts of The New Methodist Christian Fellowship (Europe) (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Muhammed Shabbir Armstrongs Chartered Accountants and Tax Advisers 1 & 2 Mercia Village Torwood Close Westwood Business Park Coventry West Midlands CV4 8HX
29 May 2022
Page 2
THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| 2020 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 108,095 EXPENDITURE ON Charitable activities Operation of The New Methodist Christian Fellowship 98,342 NET INCOME/(EXPENDITURE) 9,753 RECONCILIATION OF FUNDS Total funds brought forward (1,980) TOTAL FUNDS CARRIED FORWARD 7,773 |
2019 Total funds £ 96,988 99,030 (2,042) 62 (1,980) |
|---|---|
The notes form part of these financial statements
Page 3
THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
BALANCE SHEET 31 DECEMBER 2020
| 2020 | 2019 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 9,413 | 698 | |
| CREDITORS | |||
| Amounts falling due within one year | 4 | (1,640) | (2,678) |
| NET CURRENT ASSETS/(LIABILITIES) | 7,773 | (1,980) | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 7,773 | (1,980) | |
| NET ASSETS/(LIABILITIES) | 7,773 | (1,980) | |
| FUNDS | 5 | ||
| Unrestricted funds | 7,773 | (1,980) | |
| TOTAL FUNDS | 7,773 | (1,980) |
The financial statements were approved by the Board of Trustees and authorised for issue on 29 May 2022 and were signed on its behalf by:
Mr J Koto - Trustee
The notes form part of these financial statements
Page 4
THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
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continued...
THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
| 3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable activities Operation of The New Methodist Christian Fellowship NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 5. MOVEMENT IN FUNDS At 1.1.20 £ Unrestricted funds General fund (1,980) TOTAL FUNDS (1,980) Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 108,095 TOTAL FUNDS 108,095 |
Unrestricted fund £ 96,988 99,030 (2,042) 62 (1,980) 2020 2019 £ £ 1,640 2,678 Net movement At in funds 31.12.20 £ £ 9,753 7,773 9,753 7,773 Resources Movement expended in funds £ £ (98,342) 9,753 (98,342) 9,753 |
|---|---|
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continued...
THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
5. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.19 | in funds | 31.12.19 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 62 | (2,042) | (1,980) |
| TOTAL FUNDS | 62 | (2,042) | (1,980) |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 96,988 | (99,030) | (2,042) |
| TOTAL FUNDS | 96,988 | (99,030) | (2,042) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.19 | in funds | 31.12.20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 62 | 7,711 | 7,773 |
| TOTAL FUNDS | 62 | 7,711 | 7,773 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 205,083 205,083 |
Resources Movement expended in funds £ £ (197,372) 7,711 (197,372) 7,711 |
Resources Movement expended in funds £ £ (197,372) 7,711 (197,372) 7,711 |
|---|---|---|---|
| 7,711 |
continued...
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THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
7. ULTIMATE CONTROLLING PARTY
Ultimate control of the charity lies with the Trustees who are responsible for the charity's affairs.
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THE NEW METHODIST CHRISTIAN FELLOWSHIP (EUROPE)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Support costs Management Event expenditure Donations Finance Bank charges Governance costs Insurance Accountancy fees Total resources expended Net income/(expenditure) |
2020 £ 108,095 108,095 1,408 93,789 95,197 472 1,821 852 2,673 98,342 9,753 |
2019 £ 96,988 96,988 16,759 79,178 95,937 510 1,795 788 2,583 99,030 (2,042) |
|---|---|---|
This page does not form part of the statutory financial statements
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