REGISTERED COMPANY NUMBER: 06040106 (England and Wales) REGISTERED CHARITY NUMBER: 1130097
Report of the Trustees and
Financial Statements for the Year Ended 31 January 2021
for
End Time Evangelism Ministries
A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS
End Time Evangelism Ministries
Contents of the Financial Statements for the Year Ended 31 January 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
End Time Evangelism Ministries
Report of the Trustees for the Year Ended 31 January 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2021. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The main aim of the charity is the advancement of religious education to help and improve the community. We help and support people of all different ages and backgrounds. We have also been collecting for and working with other organisations in helping and supporting the poor and needy. The trustee's have been greatly encouraged by the support and take up of services offered in Sheffield and also in Nottingham where similar religious teachings continued throughout the year.
FUTURE PLANS
We aim to continue advancing and offering religious teachings to other towns and cities in the United Kingdom. We also aim to hold conferences and conventions to increase public awareness of our services as well as continuing to help the poor and needy citizens of Zimbabwe and also extend this to other third world countries.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
06040106 (England and Wales)
Registered Charity number
1130097
Registered office
Sterling House, 1C Tyler Way Wincobank Sheffield South Yorkshire S9 1DH
Trustees
C Sithole (resigned 30.6.20) A Hochi S T Chikota K C Anga (appointed 10.6.20)
Independent Examiner
A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS
Approved by order of the board of trustees on 11 October 2021 and signed on its behalf by:
Page 1
End Time Evangelism Ministries
Report of the Trustees for the Year Ended 31 January 2021
S T Chikota - Trustee
Page 2
Independent Examiner's Report to the Trustees of End Time Evangelism Ministries
Independent examiner's report to the trustees of End Time Evangelism Ministries ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Mr Akhtar Hussain FFA FIPA A H Accountancy Services Incorporated Financial Accountants 61A Blagden Street Sheffield South Yorkshire S2 5QS
11 October 2021
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End Time Evangelism Ministries
Statement of Financial Activities for the Year Ended 31 January 2021
| 31.1.21 | 31.1.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 41,810 | 62,408 | |
| EXPENDITURE ON | |||
| Raising funds | 39,112 | 62,358 | |
| Charitable activities | |||
| Sundry donations | 400 | - | |
| Other | 200 | 923 | |
| Total | 39,712 | 63,281 | |
| NET INCOME/(EXPENDITURE) | 2,098 | (873) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 5,463 | 6,336 | |
| TOTAL FUNDS CARRIED FORWARD | 7,561 | 5,463 |
The notes form part of these financial statements
Page 4
End Time Evangelism Ministries
Balance Sheet
31 January 2021
| 31.1.21 | 31.1.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 6 | 1,136 | 1,336 |
| CURRENT ASSETS | |||
| Cash at bank and in hand | 13,954 | 14,466 | |
| CREDITORS | |||
| Amounts falling due within one year | 7 | (7,529) | (10,339) |
| NET CURRENT ASSETS | 6,425 | 4,127 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 7,561 | 5,463 | |
| NET ASSETS | 7,561 | 5,463 | |
| FUNDS | 8 | ||
| Unrestricted funds | 7,561 | 5,463 | |
| TOTAL FUNDS | 7,561 | 5,463 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 11 October 2021 and were signed on its behalf by:
S T Chikota - Trustee
The notes form part of these financial statements
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End Time Evangelism Ministries
Notes to the Financial Statements for the Year Ended 31 January 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Taxation
The charity is exempt from corporation 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.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.1.21 | 31.1.20 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 200 | 298 |
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continued...
End Time Evangelism Ministries
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 January 2021 nor for the year ended 31 January 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 January 2021 nor for the year ended 31 January 2020.
4. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Staff No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31.1.21 31.1.20 1 1 Unrestricted fund £ 62,408 62,358 923 63,281 (873) 6,336 5,463 |
|---|---|
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
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End Time Evangelism Ministries
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
6. TANGIBLE FIXED ASSETS
| 6. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Fixtures | ||||
| and | ||||
| fittings | ||||
| £ | ||||
| COST | ||||
| At 1 February 2020 and 31 January 2021 | 6,051 | |||
| DEPRECIATION | ||||
| At 1 February 2020 | 4,715 | |||
| Charge for year | 200 | |||
| At 31 January 2021 | 4,915 | |||
| NET BOOK VALUE | ||||
| At 31 January 2021 | 1,136 | |||
| At 31 January 2020 | 1,336 | |||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
| 31.1.21 | 31.1.20 | |||
| £ | £ | |||
| Social security and other taxes | 1,283 | 2,576 | ||
| Other creditors | 4,817 | 4,821 | ||
| Net pay | 90 | 2,002 | ||
| Accrued expenses | 1,339 | 940 | ||
| 7,529 | 10,339 | |||
| 8. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.2.20 | in funds | 31.1.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 5,463 | 2,098 | 7,561 | |
| TOTAL FUNDS | 5,463 | 2,098 | 7,561 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 41,810 | (39,712) | 2,098 | |
| TOTAL FUNDS | 41,810 | (39,712) | 2,098 |
continued...
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End Time Evangelism Ministries
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.2.19 | in funds | 31.1.20 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 6,336 |
(873) | 5,463 |
| TOTAL FUNDS 6,336 |
(873) | 5,463 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 62,408 |
(63,281) | (873) |
| TOTAL FUNDS 62,408 |
(63,281) | (873) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.2.19 | in funds | 31.1.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 6,336 | 1,225 | 7,561 |
| TOTAL FUNDS | 6,336 | 1,225 | 7,561 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 104,218 | (102,993) | 1,225 |
| TOTAL FUNDS | 104,218 | (102,993) | 1,225 |
continued...
Page 9
End Time Evangelism Ministries
Notes to the Financial Statements - continued for the Year Ended 31 January 2021
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 January 2021.
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End Time Evangelism Ministries
Detailed Statement of Financial Activities for the Year Ended 31 January 2021
| Detailed Statement of Financial Activities for the Year Ended 31 January 2021 |
||
|---|---|---|
| 31.1.21 | 31.1.20 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | (1) | - |
| Tithes | 41,811 | 48,485 |
| Offerings | - | 13,923 |
| 41,810 | 62,408 | |
| Total incoming resources | 41,810 | 62,408 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Wages | 31,630 | 28,512 |
| Pensions | 762 | 660 |
| Premises expenses | 434 | 741 |
| Insurance | 151 | 151 |
| Light and heat | - | 1,236 |
| Telephone | 2,218 | 2,055 |
| Postage and stationery | 532 | 1,393 |
| Sundries | 43 | - |
| Church and Pastor's accommodation expense | 3,242 | 20,383 |
| Travelling | 100 | 2,390 |
| Repairs & renewals | - | 3,337 |
| Sundry donations | - | 1,500 |
| 39,112 | 62,358 | |
| Other | ||
| Events | - | 225 |
| Depreciation of tangible fixed assets | 200 | 298 |
| 200 | 523 | |
| Support costs | ||
| Governance costs | ||
| Accountancy and legal fees | 400 | 400 |
| Total resources expended | 39,712 | 63,281 |
| Net income/(expenditure) | 2,098 | (873) |
This page does not form part of the statutory financial statements
Page 11