RegLSt&red number.. 05639578 hariiy number. 1129937 PRESBYTERIAN CHURCH OF GHANA. CALVARY CONGREGATION, LONDON UNAUDITED ACCOUNTS FOR THE YEAR EMDED 3011112022 ProP8red By. Kojo & Co Chartered Certified AcLountsn
PREsByTERN CHURCH OF GHANA, ¢ALVARY ¢ONGREGATiON, LONDON FINANCIAL STATEMENTS FOR THE YEAR ENDED 3011112022 TRUSTEES Kwame Appiah-Peprah Verissa Takyiwaa Akoio Kofi Ofo$u Amaning CXw5u Danso Rulh Ya5mir* Wot)il REGISTERED OFFI¢E 11&120 LONDON ROAD MITCHAM SURREY CR4 2JQ COMPANY NUMBER 05639578 CHARITY NUMBER 112g937 ACCOUNTANTS Kojo & Co Charterod Certified Ae¢ountants page 1
PRESBYfERIAN CHURCH OF GHANA, CALVARY CONGREGATKW, LONDON ACCOUNTS FOR THE YEAR ENDED 3011112022 CONYENTS Page Report of th8 Trustees Independent Examin&V5 &alement siaiernenl of Fin8ntsal Activit Balance Sheet Notes to the Accounts 9t014 D8tailed Slalament of Financial Actwil 13 page 2
pRES8YTERN CHURCH OF GHANA. CALVARY CONGREGATION, LONDON FOR THE YR ENDED 3011112022 TRUSTEES. REPORT The tru8t8es pr888nt tlEir rewrt and acmunt$ for the yaar ended 3011112022 PRINCIPAL ACTivinES The principal aclivily of ¢h8rity in the year urEd8r vIeW was th8 teaching and preathing tsf God's Word and the sharing of the sararTEnl . STRUCTURE GOVERNANCE AND MANAGEMENT The Trusteos ar8 elo¢t8d from th8 ¢ongregation by the entire mèmborship of the church through a Sec1 voting, they serve for a peri<>d of four years, they Manage and ¢ontrol the day-tcbday acllvilies of the churt. errgencY meeting can b8 called outside thesè scheduled meeti98. The Trustees tneel or& a rnonth, lo discuss all matters Co[eMing the church The trustees who servod during th8 year are Agnes Evelyn Opp)ng Kori Ofosu-Amaning Owusu Danso Ruth Yasmine Wobil Kwame Applah-Pew8 Verksa T*ywaa Akoto Brgnya All tho directors and Irust8es are members of tho wmpany and guarantee to ntrite a Sum not exceeding £1.00 to the assets of the ujmpany in the event of il En9 wound up. AI 30 November 2023, there were 8 rnemb8rs ACHIEVEMENTS AND FUTURE DEVELOPMENTS Th8 year 2023 was a successful on8 Sinco we managed to deliver on Some Of iyjr planned aclivilies. As a Chrrstian charity most of our wogramrnes were Centr On Chrislianily and protnoting tornrnunily ¢oh8sion. These Induded Evangelism in and 8round Balharn and Tix>ting areas. Health walks and deaning of community p8d4s every quarter. We were also able to supply non-perish8ble fwds every month through our food bank to assisi the homeless and the n8edy within the Wandsworth and Merton boroughs. In 8ddiknon to this we also Managed to broad8n our Ecurnenical relations within our mmmunily Ihrough barwues and gamÈ days with other church8s in the area. The chartly was mainly run on voluntary donatk)ns received during tsur gatherings on Sundays as well as Grft aid receipts. paga 3
PRESBYYERfAN CHURCH OF GHANA, CALVARY CONGREGATION, LONDON FOR THE Y&4R ENDED 3011112022 TRUSTEES, REPORT Activities for 2024. We have planned lo gwe out Non-perishabl@ fd$, we intend lo also provide hot meals once a month through our food bank ginnIng this sumrner. Thi% is lo sery8 a$ an &xtr8 SUPPOrt lo the hornal8ss. Th8 rekW)rt was prepar in accor(&nce with the special provisions within Part 15 of the CompanBs Act 2006. Thk% rewrt was approved by the Board ofTruslets on 181DW2023 (Xvusu Danso Trusteè paoa 4
PRESBYfERIAN CHURCH OF GHANA. CALVARY CONGREGATION, LONDON INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR EIIDED 3011112022 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PRESBYfERLAN CHURCH OF GHANA, CALVARY CONGREGATION, LONDON I report on the attntS of th8 comp8nyfor the ye8r ended 3011112022. RESPECTIVE RESPOtrISIBILITIES OF TRUSTEES AND EXAMINER The Iruslees (who are also the directors of the company for the purposes of company lawl ar8 r8sponsIb for Ihe preparation of th8 accounts The trustees nSer that an audit is not required for this ar under section 144121 of the Charities Act 2Q11 Ith8 2011 Acll and thai an independent exatninalion is needed. The chariws gross income 8Xteeded £250.000 and l arn qualified lo undertake the e¥aminalion by being a qualified metnb8r of . Having $alisfied myself that the tharily is not 5ut4.ea to audft under (ompany law and i% aligibla for indgp8ndenl examination, il is my responsibility lo.. 8xamine the accounts under sedion 145 of the 2011 Act.. follow the procedu5 laid dwn in gen8r81 Diro¢th)ns given by the Charity Commission und8r section 14515llbl of the 2011 Act.. and - stale whether parti¢ular rTratters have o)me to rny attention. BASIS OF INDEPENDENT EXAMINERS STATEMENT My examinatK)n was carried 1 in a¢wdanc• with 98n8ral DIrectn$ given by the Charfly Cornrnlssion. An eXarninat) indudes a remew of a¢counting records kept by th8 tharily and a ¢ompari8on of th& a¢¢ounts presented with those records. 11 also includes ¢onsderatK)n of any unusu& items or disclosures in th8 aGcounts. and 588king explanations from you 88 Iru$t£es concerning any su¢h matters. The predureS undertaken do not provide all the e¥id8nte that would be r&quired in an audit, 8nd con5wueniiy no opinion is given as to whether the accoun15 present a "Irue and fair view" and the rÈp¢)rt is limited to thosa mattars set out in the Stslemenl bek)w paoe 5
PRESBYfERIAN CHURCH OF GHANA, CALVARY CONGREGATION, LONDON INDEPENDENT EXAMINER'S STATEMENT FOR THE Y&4R ENDED 3011112022 INDEPENDENT EK4MINERS STATEMENT In o)nnection with my èxaminatK)n. no rnaller has COMÈ to my allenlion.. 111 which gives me reasonab18 caw lo believe that in any material respe¢i thè raquirernents.. - to keep accounliro record5 in accordance with section 386 of the Companies A¢t 2006.. and to ppa acGount5 which acujrd with th& a¢¢ounling records. comply with the a¢¢ounling rw4uIrerrnts of sectK)n 3% of the Companies A¢t 20C6 and with the methods and prinukI8s of the Slatemeni of Recornrnended Practi.. Accounting and Rep)rtiry by Chariti88 have not béèn mèt,. or 121 to wh*h. in my Opinn, attentbn should be drawn in ordw to ènable a proper understsnding of the accounts to be reaGheLI Date.. 1810812023 Kq'o & Co Charted CertrfEd Acccuntant$ p&)e 6
PRESBYTERIAN CHURCH OF GHANA, CALVARY CONGREGATION. LONDOPI Stslgment of Financial A¢tivi11os fortho y•arended 3011112022 2022 2021 Unrestrictgd R•strlGtsd funds funds Tolal Totsl In¢omo Incorne from generated fund5 Income frotn Inwesirnenis Intome from ch8ritable adivilies Total In¢ome and 8ndowm¢nts Expènses Costs of generalirg fvnds Expenditure on Raised fijnds Expendilurè on Charilabi8 activits Total Expenses Not gains on inv•stmgnts Net Incom8 31.055 31,064 908 31.963 908 31,972 15.805 75,805 833 49.027 49,027 3.651 3.651 52.678 52,678 833 117,9631 12.7431 120.7061 14.9T2 12,0(K>l 146,3481 (66.696) Transfers bethen fund8 Galnsllloswl on rvalu8tion of fixod a$sts Not movèrnent in fund&'. Not Incom¢ for the year Tol81 funds brought fon¥ard Not funds carried forward 117,9631 14.7431 167,0541 (51.724) 78.972 25,119 146.439 753,815 59,009 20,378 79,385 102,091 This Stslgrnent of financial 8Gtivi118s includes all gains and k)ss8s reCOgned in the year. AU irtome and èxpenditijfg derive from ¢ontsnuing activities page 7
PRESBYTERIAN CHURCH OF GHANA, CALVARY ¢ONGREGATION. LONDON BALANCE SHEET AT 3011112022 2022 2021 Notgs FIXED ASSETS Tangl& assels 1.018 1.529 CURRENT ASSETS Debtors larnounts falling within e yearl Cash al bank and in hand 100 131.312 131,412 30,850 109,293 109.293 30.926 CREDITORS.. Affli)unts falling duo wlthln ono year NET CURRENT ASSETS TOTAL ASSETS LÈSS CURRENT LIABILITIES 78.367 79.385 100,562 102,091 CAPITAL AND RESERVE$ Un$¢r1¢ funds Gera1 fu Restricted fvnds 59,009 20,376 79.385 76.972 25,119 102.091 the year endlng 3011112022 thè company was enlilled to exemption under section 477 of the Companies Act 20C6 r8latlng to sm1 ¢ompanie$. The member5 have nol r8quir8d th8 COmP8ny to obtain an audk in a¢¢ordan¢ts ¥ith section 476 ofthe Companies A¢[ 2006. Th8 dir8clors acknow18dge their re$ponslbllities for complying with the rwuir8rn8nts of the A¢t wrth SpeCt to acwunling reoyds and the PParation of ac(xunts. These ac(vunt5 have been prepared in a(xordanc8 with Ihg provisons applicable to MpanI&S subj8Ct lo th& small companies regime. Approved by the t>oard of tru5teos on 1810812023 and slgnod on thFlr beha by Ver1 Takyiwaa Akolo Trustee pag¥ 8
PRESBYTERIAN CHURCH OF GHANA, CALVARY CONGREGATION, LONDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3011112022 1. ACCOUNTING POLICIES la. Ba$ls OIAccounting a¢ix)unls have been FK8p8r8d under th8 historical cost convention. a¢UnIS have bgen prepa4 in aceordarKe with FRS102- Th8 Financial R8POrtiw Standard aptAic8ble in the UK ancs RepUle of Irland anu th8 Companie5 Act 2006 and the requirement8 ofthe Stst8m8ni of Recommended Practice. Accounting and ReportlTrg by Charitses. 1b. In¢oming R850urces All inming resources are induded on the Stst8m8nt of Financial A¢tivitE5 when the charity 1$ IallY enlllled lo th8 In(4me and the amount can b& ouaniified with reasonable accuracy. 1c. R•sourco5 Expendad Expenditur8 is accounted for on an accruals basis and has been dassifd under h8adiro5 that aggregate all COSI rdaled lo the rategory. Whore costs cannot be directly attributed to parti¢ular headings they have been allocalad to activities on a ba*s consistanl With th8 U8e of soUrces. 1d. Allocation And Apportlonmènt CY Costs All ¢osts relate to the single activity of the charitable wmpany and are r8cogni$ed accordirGIy. le. Fund Accotsntbng Unreslrieled funds be used in accordan(t wlh the Charitab objectives ai th& discretion of th8 Irusteos. Restft¢ted funds can only tE used for partKular restricted wr88$ within the obie¢ts of the charity. Restridions arise when Specifd by the donor or when funds are r3i%d for particular reslricled purpos08. De$KJnated funds are funds Set aside by tho trustees ujt of unr8slrict84 general funds for the specrfiG futur8 purposes or prole¢ts. 11. Depreclatlon Depreeiaiion hss b88n providad at the following rates in orderto write off the assets over their eslimatsd Usef live$. Equipment reducing balan 25% ptye9
PRESBYfERIAN CHURCH OF GHANA, CALVARY CONGREGATION, LONDON 19. TurTrr Tumover preSentS Invoiced valug of g(M)ds and servre5 suppli8d by the ¢ornp8ny. nèt of value addèd tax and trade diso)unts. 2. TANGIBLE FIXED ASSETS Axturo8 and Fittings Equipment Yotal C08t At 0111212021 At 3011112022 Depreciation At 0111212021 For IfK year At 3011112022 Net B¢)ok Amounts AI 3011ir2022 At 3011113)21 1.000 1,000 9,398 9,396 10.396 10.396 1.000 7.867 8,867 511 9,378 1,000 8,378 1.018 1,018 1,529 1.529 3. DEBTORS 2022 2021 Amounts f811ing within one year.. Other debtcys 100 100 4. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2022 2021 Bank loans and ovtrdrafts Other creditors 10.000 20,926 30,926 30,850 page 10
PRESBYTERIAN CHURCH OF GHANA, CALVARY CONGREGATION, LONDON S. LIMITED BY GUARA14TÈE T1 company is limited by guarantee and d085 not have a Share catal Each tnernbÈr gives a guarantee to tontribuie 8 sum not exceeding ££1.00, lo the company should il be wound up. At 3011112022 there were 8 membèrs. 6. UNRESTRICTED FUNDS Brought Incoming Outgoing forward resourc•s re$ourc•8 Transfers Carried forward General fund 76.972 76.972 31.063 31.063 149.Q261 149,0261 59,009 59.009 7. RESTRICTED FUNDS Brought Incomlng Outgoing Transfers Carri8d fOard w50urc¢$ resources forward Men's FeJk)wsip Singing Band Choir YAAF were Women's Fellowship BSPG Building Fund 2,578 1,330 1.131 soo 5,493 4,067 1501 10.070 25.119 1D7 555 120 1,885 1.251 520 5.493 522 Iso) 12.0001 8,070 -i?.rKJoi 20,376 106 13.6511 908 13.651 Men's Fellowsip Fun¢ls raised by the rnen for aclivilios ireonnection with the man Slnging Band Funds rai%ed by the Singing Band forthe benefts of Ihe singing band Cholr Funds raised by th8 Ghoir for the actitieS in conn8Ction wlh the Chor YAAF Funds raised by Ihe Youth in nnectn with the a¢ipiilkgs of the yothh W6lfarè Funds rais for the r81iefof poverty in the churth and in the communrty Womon'8 Follow8hip page 11
PRESBYWAN CHURGH OF GHANA. CALVARY CONGREGATION. LONDON 7. RESTRfTED FUNDS Funds raksed by Ihe women for the ¥tiviles related to the women BSPG Funds rsis for the adiviti88 in o)nnectk)n with the Bible stud5 8ulldlng Fund Funds raisod toards the purehase of worship centre Page 12
PRESBYTERIAN CHURCH OF GHANA, CALVARY CONGREGAnON, LONDON In¢omlng Re¥ourcoS ltytho Yrended 3011112022 2022 2021 Ineominq resou0$ Incomln# resour from generatsd funds Sundry dontlon8 Gèneral offering arvest Tith8S Thanksgiving Womens Felowship incom8 Men'$ Fellowship YAAF Welfare Singing band Choir Presbytery- Nonh don District Gift Aid 10,081 2.945 12.272 4,100 106 1.830 3.390 7,205 20 1,2PAI 400 500 555 120 1,656 31.g63 15.8Q5 31,963 31.972 1&805 15,805 pag8 13
PRESBYTERIAN CHURCH OF GHANA, CALVARY CONGREGATION. LONDON Exp8nsoS for tho year endd 3011112022 2022 3021 ExF•nses Cost$ of generatlng fvnds Costs OfGenèrating Voluntary Ineome Costs Of Geiieraling Funds Costs Of Gènerating Voluntary In¢om8 1 833 833 harltable ActFvities PROMofioN OF RELIGION Women's Fallowship Welfare District assessment Pr8aching f8e$ RefreshmetEI & X'm&8 party 8and expenses Donation Chur¢h exp8n$88 Reni C8lechi&i expens&$ Repairs and r0waI8 Travelling & motor expenses ProfessTr81 fees Ststionery & offic8 supplies Telephone Dewecia1n of barKI and otl)er equipment 833 303 3.348 20.226 700 1.433 8,805 3,650 963 6,600 3.500 460 2,999 850 215 115 511 52.678 52.678 833 pag 14