Potters House Christian Fellowship UK Derby Church
Report of the Trustees for the Year Ending 31 December 2023
The trustees are pleased to present their report with the financial statements of the charity for the year ending 31 December 2023.
Reference and Administrative Details
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Charity Number: 1129818
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Principal Office: 254 Abbey Street, Derby, DE22 3SX
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Auditors: Rana & Co Ltd, 97 Walbrook Rd, Derby DE23 8SF
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Bankers: Barclays Bank Plc – St. James Street, Derby, DE1 1QT
Trustees
The trustees serving during the year and since the year end are as follows:
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C. O. Nwokoro
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P. A. Dua
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R. T. Gangaidzo
Governing Document
The Potters House Christian Fellowship UK, Derby Church is a registered charity with the Charity Commission. Membership is open to any person who by free will and on a voluntary basis chooses to make the Church their home Church, and is over the age of 18. The Church is governed by its Charitable Constitution dated 12th May 2009.
Appointment of Trustees
As set out in the Charitable Constitution new trustees are nominated by the Pastor and hold office until the next Annual General Meeting, where trustees will be elected by the Members of the Church and hold office for 2 years and may then be eligible for re-appointment. The trustees also form the Church Council.
Trustee Induction and Training
New trustees receive orientation on their responsibilities under charity law, the Charitable Constitution, and the Church’s operations.
Organisation
The board of trustees, which can have up to 5 persons (other than the Pastor), has the power to regulate its own proceedings and meetings including the means of convening meetings. The board meets monthly where the Pastor, being the Chairman of the Church Council is present in all meetings unless he specifically authorises it to meet in his absence. The Pastor will also manage the day to day operations of the Church.
Related Parties
The Church is part of the Potters House Fellowship Worldwide, collaborating nationally and occasionally internationally with other fellowship churches.
Risk Management
Potters House Christian Fellowship UK, Derby Church currently runs with low financial risk due to no major endorsements or investments in alternative schemes. Finance is banked and used to meet church expenditure.
Objectives and Activities
The Church’s objects are to:
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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.
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The relief of poverty and sickness and to relieve the distress caused thereby regardless of nationality, religious, political or other opinion 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.
The Church fulfils its mission through regular services, Healing Crusades, Concerts, Dramas, Marriage Seminars, and Men’s Discipleship Classes. All events are organised by Church members and serve to engage the community in positive, faith-based initiatives.
Achievements and Performance
Key activities in 2023 included:
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Men’s Discipleship classes held throughout the year.
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Revival services with guest Evangelists in March and September.
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A Mother’s Day service in March to honour mothers.
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A Marriage Retreat in May to strengthen couples in faith.
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Our Pastor’s attendance at the May Pastors Seminars for training and development.
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Youth participation in Boot Camp in August.
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A change of pastorate in our Paris congregation due to unforeseen circumstances.
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Hosting of a Regional Youth Rally in September.
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Attendance at the London UK Bible Conference, where two new couples were launched into ministry.
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The annual Christmas and End-of-Year celebration on New Year’s Eve.
These events have reinforced our mission and deepened our engagement with both the congregation and the wider community.
This report provides an overview of the Church’s activities and performance for the year ending 31 December 2023.
Potters House Christian Fellowship UK Derby Church
Trustees Annual Report and Financial Statements
For
Year Ended 31 December 2023
Charity No: 1129818
Rana & Co Accountants Ltd
97 Walbrook Road DERBY DE23 8SF
Potters House Christian Fellowship UK Derby Church Statement of Financial Activities Year ended 31 December 2023
| Statement of Financial Activities Year ended 31 December 2023 |
||||
|---|---|---|---|---|
| U Income Note Offerings 2 Special offerings Gift Aid recovery Visiting Speakers Outreach Interest received Pledge Miscellaneous Revival Offering Tax Recovery Other income Expenditure Tithe Building rent Insurance Rates Taxation Equipment purchases Equipment rent and repairs Housing allowance Telephone Gas and electricity Building maintenance Motor expenses Sundries Printing and advertising Bank Charges Travel/Impact Teams Legal and professional fees Youth Camp Hospitality Stationery and postage Outreach Air fares Conferences and seminars Books and periodicals Revival expenses Benevolence Offerings Pastors compensation Miscellaneous Visiting speakers New Church support Surplus/(Defecit) for year Transfers In (From Savings) Transfers Out (To Savings) Opening Balances Closing Balances |
nrestricted Funds £ 81665 11201 0 1177 0 0 6062 0 53 22382 90176 212716 7120 8000 1002 0 334 1007 0 11953 0 29402 967 3439 25 686 0 6776 3736 1402 5150 232 0 648 14948 40 6932 0 3600 27305 1653 1981 55462 193799 18917 11617 35000 12118 7653 |
Restricted Funds £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Total 2023 £ 81665 11201 0 1177 0 0 6062 0 53 22382 90176 |
Total 2022 £ 73029 23902 16182 2165 58 27 990 75 346 0 62253 |
| 212716 | 179026 | |||
| 7120 8000 1002 0 334 1007 0 11953 0 29402 967 3439 25 686 0 6776 3736 1402 5150 232 0 648 14948 40 6932 0 3600 27305 1653 1981 55462 |
2590 10110 497 471 0 796 587 11226 13236 0 378 1783 56 814 17 5985 2986 0 3361 195 9 0 9509 30 6660 48 6550 17842 23515 4836 41872 |
|||
| 193799 | 165959 | |||
| 18917 11617 35000 12118 |
13067 33912 46369 11508 |
|||
| 7653 | 12118 |
Potters House Christian Fellowship UK Derby Church Balance Sheet At 31 December 2023
| Note Bank current accounts Bank deposit accounts Bank saving accounts Creditors 3 Net Asset Represented by: Unrestricted Funds Restricted Funds |
Total 2023 £ 7653 51308 414 59374 500 58874 58874 0 58874 |
Total 2022 £ 12118 27656 397 |
|---|---|---|
| 40170 | ||
| 500 | ||
| 39670 | ||
| 39670 0 |
||
| 39670 |
Dr Chiso Okeoma Ikechi Nwokoro
Chairman
Date: 11/10/2024
Notes to the Accounts
Potters House Christian Fellowship UK Derby Church Statement of Balances
Note 1
The accounts have been prepared using the concessions allowable under SORP 2005 for small charities, not subject to an audit (Appendix 5.3)
| Note 2 Income Offerings Special offerings Gift Aid recovery Visiting Speakers Outreach Interest received Pledge Miscellaneous Revival Offering Tax Recovery Other income |
Urestricted Funds £ 81665 11201 0 1177 0 0 6062 0 53 22382 90176 212716 |
Restricted Funds £ 0 0 0 0 0 0 0 0 0 0 0 0 |
Total Total 2023 2022 £ £ 81665 73029 11201 23902 0 16182 1177 2165 0 58 0 27 6062 990 0 75 53 346 22382 0 90176 62253 212716 179026 |
|---|---|---|---|
Note 3
Creditors
Accountancy fee
500 500
Independent Examiner's Report to the Trustees of Potters House Christian Fellowship UK Derby Church
We report on the accounts of the charity for the year ended 31 December 2023 which are set out on the following pages.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity trustees consider that an audit is not required for this year under section 144 of the Charity Act 2011 (the Charity Act). It is our responsibility to:
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exmine the accounts under section 145 of the Charities Act;
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follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charity Act), and
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to state whether particular matters have come to our attention
Basis of independent examiner’s statement
Our examination was carried out in accordance with general Directions given by the Charty Commission. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks 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 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 the course of our examination, no material matters has come to our 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 were not kept in accordance with section 130 of the Charities Act or
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to prepare accounts which accord with the accounting records and comply with the accounting requirement of the Charities Act have not been met, 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
Rana & Co Accountants Ltd 97 Walbrook Road DERBY DE23 8SF
Date: 31/10/2024