## **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**
- **Charity Number:** 1129818
- **Principal Office:** 254 Abbey Street, Derby, DE22 3SX
- **Auditors:** Rana & Co Ltd, 97 Walbrook Rd, Derby DE23 8SF
- **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:
- C. O. Nwokoro
- P. A. Dua
- 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:
- 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 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:
- Men’s Discipleship classes held throughout the year.
- Revival services with guest Evangelists in March and September.
- A Mother’s Day service in March to honour mothers.
- A Marriage Retreat in May to strengthen couples in faith.
- Our Pastor’s attendance at the May Pastors Seminars for training and development.
- Youth participation in Boot Camp in August.
- A change of pastorate in our Paris congregation due to unforeseen circumstances.
- Hosting of a Regional Youth Rally in September.
- Attendance at the London UK Bible Conference, where two new couples were launched into ministry.
- 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:
- exmine the accounts under section 145 of the Charities Act;
- follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charity Act), and
- 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:
- 1 which gives me reasonable cause to believe that in any material respect, the requirements
- to keep accounting records were not kept in accordance with section 130 of the Charities Act or
- to prepare accounts which accord with the accounting records and comply with the accounting requirement 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 accounts to be reached
Rana & Co Accountants Ltd 97 Walbrook Road DERBY DE23 8SF
Date: 31/10/2024