CITY OF GOD CHRISTIAN CENTRE
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2021
Charity number: 1131100
City of God Christian centre: Trustees’ Report and Financial Statements 2021
CITY OF GOD CHRISTIAN CENTRE
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS Page Reference and administrative details of the Charity, its Trustees and Advisers 1 Trustees’ Report 2-6 Independent Examiner’s Report 7 Statement of Financial Activities 8 Balance Sheet 9-10 Notes to the Financial Statements 11-15
City of God Christian centre: Trustees’ Report and Financial Statements 2021
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30TH JUNE 2021
The principal objective of City of God Christian Centre is the proclamation of the Gospel of Jesus Christ and the advancement of the Christian faith. The charity is also responsible for the promotion and fulfilment of other various charitable causes as the trustees think fit.
The charitable company is limited by guarantee and governed by a Memorandum and Articles of Association. The operations of City of God Christian Centre is administered by a governing body of four members acting as trustees. The Board of trustee provides strategic leadership and also act as a Directors of the Company. There are currently four serving members in the board of Trustees.
Trustees Victor Onwudili Ijeoma Florence Ogah Micheal Mcenaney Pastor Bright Onoka Company registered Number 6295641 Charity registered Number 1131100 Registered Headquarters 25 Church walk Office Walker Newcastle Upon Tyne NE6 3DP Independent examiner Rich Brother Accountants 28 Camberwell road London. SE5 0EN
1 City of God Christian centre: Trustees’ Report and Financial Statements 2021
CITY OF GOD CHRISTIAN CENTRE’ TRUSTEES’ REPORT FOR THE YEAR ENDED 30TH JUNE 2021
REFERENCE AND ADMINSRATIVE DETAIAL OF THE CHARITY, ITS TRUSTEE AND ADVISERS
Information on the reference and administrative details of the charity, it trustees and advisers can found on page 1.
STRUCTURE, ACHIEVEMENTS AND PERFORMANCES
a. Constitution
Our constitution is based on the proclamation of the of Gospel of Jesus Christ as well as the advancement of the Christian faith. The charity is a company limited by guarantee. It is a registered with the charity commission with charity number 1131100 and company registration number 6295641.
b. Method of Appointment or Election of Trustees
Trustees are appointed using the basic skills survey method. Due consideration is given to what is needed to make the Board as effective as can be. Also, care is taken to what is needed to ensure the Board has the right mix of skills and experience to discharge its duties and ensure effective government and management.
c. Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
2 City of God Christian centre: Trustees’ Report and Financial Statements 2021
CITY OF GOD CHRISTIAN CENTRE’ TRUSTEES’ REPORT FOR THE YEAR ENDED 30TH JUNE 2021
OBJECTIVES AND ACTIVITIES
a. Objectives and activities
Our services are designed to offer unique spiritual atmosphere of peace and joy as a result of the presence of God. Our services are also unique in effect as every aspect of the services is focussed on releasing God’s blessing upon our attendees. Our services are destiny moulding services which take place every Sunday and weekday, where all attendees are taught how to win over the challenges of life and provoke the divine intervention as well as the blessing of God.
City of God Christian Centre is committed to enabling and empowering people in the community to serve and live a godly life their through:
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Affording the knowledge of God to the community at large through evangelistic work and encouraging people to worship with us and seek eternal life salvation through the Lord Jesus Christ
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Working with other churches with similar objectives to achieve greater results in enabling and empowering people through the word of God and in offering practical help and assistance to the needy
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Congregational community and missionary work including offering practical help, advice and assistance to the homeless, unemployed and others that are less able in the society
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Enlightening congregation members and the community at large with the gospel of Jesus Christ through face to face evangelism, weekly Radio and TV broadcast, publication of teaching materials on the worldwide web, face to face bible studies and weekly prayer meetings
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Providing necessary support to new converts to grow and develop in their new found faith through effective pastoral care
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Community wide empowerment projects for the benefit of mankind in the wider community
b. Achievements and performances
Review of activities
The charity continues to carry out his purpose in spreading the gospel of Jesus Christ through regular worship meetings, visiting and praying for the sick for the full restoration of health in spirit, soul and body. The elevation of poverty within our community through our foodbank project continue in year 2021. This has continued to reach more people, working with other social agent agencies with some amazing result including seeing people gaining confidence to return to work.
3 City of God Christian centre: Trustees’ Report and Financial Statements 2021
THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 30TH JUNE 2021
Overall, the Charity has grown in his activity all year and look forward with great expectation for the future.
Community wide evangelistic and missionary work
We have continued with advancing the Christian religion through TV broadcast (called Life in the word) and through distribution of our church flyers to the local community to encourage people attend our service and become members of our church.
Advancement of the Christian religion
As in previous years, City of God Christian Centre in the course of the year dedicated itself to the advancement of the Christian religion through face to face congregational teachings, community evangelistic and missionary work, publication of teaching materials for public use and in particular spreading the gospel through media and multimedia channels such as TV and the world wide web.
Provision of pastoral care
City of God Christian Centre puts the welfare of its congregation and the community it serves at the heart of its yearly objectives. During the year, City of God Christian Centre in collaboration with the founder and senior pastor organised visits to members’ houses who were unable to attend services due to one reason or the other. Also, organise group intercessory prayer for the communities and nations. And, provide advice, assistance and support to the public at large on matters relating to homelessness, unemployment and much more.
Empowering people through joint working relationship with other churches
Through active evangelism and effective networking approach, City of God Christian Centre has over the years managed to form and maintained a meaningful joint working relationship with other ministries that has similar objectives for the purpose of empowering people in the community at large.
4 City of God Christian centre: Trustees’ Report and Financial Statements 2021
THE TRUSTEES’ REPORT FOR THE YEAR ENDED 30TH JUNE 2021
The trustees (and the director for the purposes of the Companies Act) present their annual report together with the unaudited financial statements of the City of God Christian Centre (The charity) for the year ended 30th June 2021. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.
c. Review of financial position
The financial statements cover the operation of City of God Christian Centre and they have been prepared in accordance with the requirements of the 2005 Statement of Recommended Practice (SORP).
For the year ended 30th June 2021, the financial activities show total incoming resources of £358,835 (2020- 267,551), which comprised of total tithes, offering donations from members, gift aid, and Covid 19 finance resources. This was spent mainly on charitable activities including expanding our food bank and total expenditure amounted to £290,245 (2020-216,059). We closed the year with a profit of £68,590.
The trustees are responsible for preparing the Trustee’s report and the financial statements in accordance with applicable law.
d. Statement of Trustees’ responsibilities
Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principle in the Charity SORP;
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Make judgments and estimates that are reasonable and prudent;
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
5 City of God Christian centre: Trustees’ Report and Financial Statements 2021
THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 30TH JUNE 2021
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity, hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Trustees on ……………………………… and signed on their behalf, by:
…………………… ……………………………. Victor Onwudili Bright Onoka
6 City of God Christian centre: Trustees’ Report and Financial Statements 2021
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED
FINANCIAL STATEMENT CITY OF GOD CENTRE
In order to assist City of God Centres to fulfil her duties under the Companies Act 2006, we have prepared for your approval the financial statements of City of God Centres for the year ended 30[th] June 2021 which comprise the statement of financial activities, the Balance sheet and the related notes from the company’s accounting records and from information and explanations you have given to us.
Respective responsibilities of trustees and examiner
As explained more fully in the Trustees’ responsibilities statement, the Trustees are responsible for the preparation of the financial statements.
The charity’s trustee consider that an audit is not required for this financial statement (under section43 (2) of the Charity Commission (under section 43(7) (b) of the Act), and to state whether matters have come to our attention.
Basis of Independent examiner’s report
Our examination was carried out in accordance with Charity SORP. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the 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
During our examination, no matter has come to our attention: which indicates that:
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Adequate accounting records have not been kept;
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The financial statements are not in agreement with the accounting records
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We have not received all the information and explanations require for our audit.
Julius Olaogun Chartered Accountants RICH BROTHER ACCOUNTANTS LTD 28 CAMBERWELL ROAD LONDON, SE5 0EN Date: 25/03/20
7 City of God Christian centre: Trustees’ Report and Financial Statements 2021
STATEMENT OF FINANCIAL ACTIVITIES INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30[TH] JUNE 2021
| Note INCOMING RESOURCES Incoming resources Tithes all giving Furlough grant 2 Gift aid 3 Newcasltle Council grant Food Bank contribution 4 TOTAL INCOMING RESOURCES OUTGOING RESOURCES Cost of generating funds 5 Charitable activities 6 Government costs 7 TOTAL RESOURCES EXPENDED NET INCOMING/OUTGOING RESOURCES B/F TRANSFER Transfer between funds Net incoming/(outgoing) resources NET INCOMING/OUTGOING RESOURCES B/F TRANSFER Transfer between funds Net incoming/(outgoing) resources for the year Net movement in Funds Balances brought forward at 1 July Funds carriedforward at 30 June |
General Restricted Total Fund Funds Funds 2021 £ £ £ 251,153 251,153 37,095 - 37,095 20,247 - 25,247 5,000 5,000 40,340 40,340 |
Total funds 2020 £ 202,951 15,456 37,794 - 11,350 |
|---|---|---|
| 313,495 40,340 358,835 |
267,551 | |
| 104,598 - 104,598 144,371 12,496 156,867 28,780 - 28,780 277,749 12,496 290,245 35,746 27,844 68,590 - - - |
85,430 114,537 16,092 |
|
| 216,059 | ||
| 51,492 - |
||
| 35,746 27,844 68,590 - - - - - |
51,492 - - |
|
| 35,746 27,844 63,590 35,746 27,844 63,590 |
51,492 51,492 |
|
| 69,732 9,042 78,774 |
18,240 | |
| 105,478 36,886 142,364 |
69,732 |
8 City of God Christian centre: Trustees’ Report and Financial Statements 2021
| STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET AS AT 30TH JUNE 2021 (CONTINUED) |
STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET AS AT 30TH JUNE 2021 (CONTINUED) |
|
|---|---|---|
| Note FIXED ASSETS Tangible assets: 9 Total fixed assets: CURRENT ASSETS Cash at bank and in hand: 10 Debtor CREDITORS Creditor amounts falling due within one year: Net current assets (liabilities): Total assets less current liabilities Total net Assets (liabilities) FUNDS UNRETRICTED FUNDS: 12 General funds RESTRICTED FUNDS: Food bank |
2021 £ 25,378 68,590 48,396 - |
2020 £ 30,949 30,949 71,902 33,119 38,783 69,732 69,732 2020 £ 60,690 9,042 69,732 |
| 142,364 | ||
| 142,364 | ||
| 142,364 | ||
| 2021 £ 105,478 |
||
| 36,886 | ||
| 142,364 |
9 City of God Christian centre: Trustees’ Report and Financial Statements 2021
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the
requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with the Financial Reporting Standard for Smaller Entities (Effective 2008)
The financial statements were approved by the Board of Directors on…………………….......
SIGNED ON BEHALF OF THE BOARD BY:
Victor Onwudili Trustee
Bright Onoka Trustee
City of God Christian centre: Trustees’ Report and Financial Statements 2021
10
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] JUNE 2021
1.ACCOUNTING POLICIES
Basis of preparation of account
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom Accounting Standard, the Statement of Recommended Practice " Accounting and Reporting by charities" issued in March 2005 (SORP 2005) and the Company Act 2006
Cash flow statement
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the ground that the charity is small.
Fixed assets
All fixed assets are initially recorded at cost
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value over the useful economic life of that asset as follows:
Plants & Equipment -18% Motor Vehicles -18%
Taxation
The charity is exempt from Income on its charitable activities but is not exempt from Value
| 2.INCOME Tithes and offering Furlough grant Newcasltle Council grant Gift aid Food bank contribution |
2021 Unrestricted Restricted £ £ £ 251,153 251,153 37,095 37,095 5,000 5,000 20,247 20,247 40,340 40340 |
|---|---|
| 313,495 40,340 353,835 |
11 City of God Christian centre: Trustees’ Report and Financial Statements 2021
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] JUNE
2021
| 3. INVESTMENT INCOME | 2021 | |
|---|---|---|
| £ | ||
| investment Income | - | |
| 4. OTHER INCOMING RESOURCES | ||
| Unrestricted | Total | |
| Fund | fund | |
| 2021 | 2021 | |
| £ | £ | |
| Other income | 0.00 | 0.00 |
5.COST OF GENERATING FUNDS
| . FUNDS Media, Advertising & related activities to generate funds Transportation Insurance Fuel Consultancy & Training Repair and Maintenance Phone & internet Bank charge Entertainment Utilities Sundries Depreciation Church administration |
2021 Unrestricted Restricted Total Funds Funds Fund £ £ £ 7,369 - 7,369 3,306 - 3,306 5,229 - 5,229 5,105 - 5,105 7,539 - 7,539 4,165 - 4,165 966 - 966 1,692 - 1,692 4,594 4,594 9,374 - 9,374 21,094 21,094 ~~5,571~~ - 5,571 28,594 28,594 |
|---|---|
| 104,598 - 104,598 |
12 City of God Christian centre: Trustees’ Report and Financial Statements 2021
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] JUNE 2021
6. COSTS OF CHARITABLE ACTIVITIES BY FUNDS TYPES
| Honorarium Rent/lease Salaries Food bank Pension Welfare Donation |
2021 General Restricted Total Funds Funds Funds £ £ £ 19,762 - 19,762 19,172 19,172 73,675 - 73,675 12,496 12,496 649 649 19,299 - 19,299 11,814 11,814 |
|---|---|
| 144,371 12,496 156,867 |
7. GOVERNACE COSTS
| 7. GOVERNACE COSTS | |
|---|---|
| General administrative Accountancy fees Legal and professional costs |
202 1 Unrestricte d Restricte d Total funds funds fund s 27,380 - 27,380 1,400 - 1,400 - - |
| 28,780 - 28,780 |
13 City of God Christian centre: Trustees’ Report and Financial Statements 2021
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] JUNE 2021
| 8 STAFF COSTS AND EMOLUMENTS Total Staff costs were as follows: Wages and salaries & Employer NI Pension Employer |
2021 £ 73,675 - 649 |
|---|---|
| 74,324 |
Particular of employees:
The average number of employees during the year calculated on the basis of full time is 5 for the year. Employees were paid the required and mandatory percentage of furlough grant No employee received emolument of more than £60,000 during the period.
| 9 TANGIBLE FIXED ASSETS Cost At 1 July 2019 Disposal Additions Depreciation Charge for the year Net Book Value At 30 June 2020 |
Van Church Motor Total Equipment Vehicle £ £ £ £ 5,498 23,926 1,525 30,949 - - - - |
|---|---|
| 5,498 23,926 1,525 30,949 |
|
| 989 4,307 275 5,571 |
|
| 4,509 19,619 1,250 25,378 |
14 City of God Christian centre: Trustees’ Report and Financial Statements 2021
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] JUNE 2021
10. CASH AT BANK AND IN HAND
| Lloyd account Hsbc Building Tithes acc Cog Men account Food bank Saving account Nursery account Mission Choir account Men account Wis (Ex Transfer(Wise) |
2021 £ 1595 1003 4399 2776 0 36,697 15,704 313 4603 293 1187 20 68,590 |
|---|---|
11. TOTAL CREDITOR DUE
2021 £ - -
15 City of God Christian centre: Trustees’ Report and Financial Statements 2021
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[TH] JUNE 2021
General Funds
| 12 At 1 July Retained incoming/outgoing) resources Transfer |
2021 2020 £ £ 69,732 18,051 35,746 42,639 - - |
|---|---|
| 105,478 69,732 |
13. Restricted Funds
| At 1 July Retained incoming/outgoing) resources Transfer |
2021 2020 £ £ 9,042 189 27,844 8,853 - - |
|---|---|
| 36,886 9,042 |
14. Company limited by Guarantee
The company is limited by guarantee and no share capital. Every member undertaken to contributes such amount as may be required but not exceeding £10 to the assets of the company on the events of winding up.
16 City of God Christian centre: Trustees’ Report and Financial Statements 2021
15. Post balance sheet events The Trustees have considered the impact of COVID-19 pandemic after the period end and conduded that there is no significant impact affecting these financial statements.
17 City of God Christian centre: Trustees’ Report and Financial Statements 2021