# **REGISTERED CHARITY NUMBER: 1131713**
**Report of the Trustees and Financial Statements for the Year Ended 31 December 2022**
## **For**
## **OPEN DOOR OUTREACH MINISTRIES**
> 192 B, Station Road, Edgware Middlesex, HA8 7AR
## **OPEN DOOR OUTREACH MINISTRIES**
## **Contents of the Financial Statements For the Year Ended 31 December 2022**
||Page|
|---|---|
|Report of the Trustees|3 to 5|
|Independent Examiner's Report||
|6||
|Statement of Financial Activities||
|7||
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 13|
|Detailed Statement of Financial Activities||
|14||
## **OPEN DOOR OUTREACH MINISTRIES**
## **Report of the Trustees For the Year Ended 31 December 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP)'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered charity number** 1131713
## **Principal address**
3 Hazel View, Rossway Drive Bushey, WD23 3FJ
## **Trustees**
Isaac Nana Yeboah Jennifer Nana Yeboah
## **Independent examiner**
TaxAssist Accountants 192 B, Station Road, Edgware Middlesex, HA8 7AR
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a Charitable Incorporated organisation (CIO).
## **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.
Page **3** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Report of the Trustees For the Year Ended 31 December 2022**
## **Aim & Purposes:**
To encourage people to devote themselves to Christ and visiting the church more frequently.
Open Door Outreach Ministries is Responsible for the maintenance of the Church-Complex.
To support oppressed communities of Ghana in Africa
## **Objectives and activities**
We are fully committed to reach as many as people within the local community to encourage them to visit our church for the worship, for counselling and committed the general wellbeing to the community.
We organise events to help poor people specially with foods.
We help people in Ghana with humanitarian aids e.g. clothes, shoes and other essential items.
We also provide financial assistance to certain organisations e.g. orphanage.
We are committed to enhance our activities in the future by going beyond our community.
Initially we have a plan to set up another church in Hemel-Hempstead.
## **Achievements and performance:**
The attendance of worshippers is increased over the past years but due to covid-19 restrictions, it is fallen sharply in 2020.
We are usually open three (3) days a week (Fri- Sunday) for services to the worshipers and for counselling to the worshippers as well before the pandemic. During the pandemic we are doing our activities through ZOOM.
## **Financial review.**
In this year we are managed to continue our operation in reduced capacity to protect our restricted fund for the future commitment to set up another church in Hemel-Hempstead.
Bank balances are as follows:
|Bank Accounts
Bank Current Account:
A/C NO 20-74-12 03599027 (restricted Fund):
A/C NO 20-74-12 83041379:
A/C NO 20-74-12 43845265:
ACTIVE SAVER:
Cash in hand
**Total:**|Closing Balances as at 31.12.2022 (£)|
|---|---|
||
8,785.03
30,025.06
2,574.29
321.82
1,851.77
539.10
44**.096.32**|
Page **4** of **14**
## **Fund:**
Usually we used to collect the donations through public donations at Sunday offerings.
Besides, in reporting year we have received the £0.00 from HMRC under gift aid scheme and grant for JRS.
We have a restricted fund of £30,025.00 for financing the own Church Building in the future.
## **ON BEHALF OF THE BOARD:**
.............................................
## **Signature**
Rev Isaac Nana Yeboah Name of the Trustee Date: …………
Page **5** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Independent Examiner's Report to the Trustees**
I report on the accounts for the year ended 31 December 2022 set out on pages seven to fourteen.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. It is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 you as trustees concerning any such matters. The procedure 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 statements below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 130 of the 2011 Act and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been me: or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
TaxAssist Accountants 192 B, Station Road, Edgware Middlesex, HA8 7AR
Date: ………
Page **6** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Statement of Financial Activities For the Year Ended 31 December 2022**
Page **7** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Balance Sheet As At 31 December 2022**
The financial statements were approved by the Board of Trustees on …….. and were signed on its behalf by:
............................................. Signature
Rev Isaac Nana Yeboah
............................................. Trustee
Page **8** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Notes to the Financial Statements For the Year Ended 31 December 2022**
## **1. Basis of preparation**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Going concern**
There are no material uncertainties related to events or conditions that cast significant doubt on the charity’s ability to continue as a going concern.
## **Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 2,3 and 7.
## **Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources,
- it is more likely than not that the trustees will receive the resources,
- the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
## **Tax reclaims on donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
## **Support costs**
The charity has incurred expenditure on support costs.
## **Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## **Governance and support costs**
Governance and support costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Page **9** of **14**
## **Tangible fixed assets**
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.
.
## **Taxation**
The charity is exempt from 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 restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2.INCOME FROM DONATIONS**
|Donations (Tithes and offerings)
Gifit Aid
**Total**|Total
30,348
30,348 17,705
-
- -
2022 (£)
Unrestricted
fund
2022 (£)
Restricted
fund
2021 (£)
Total
fund|
|---|---|
||**30,348 - 30,348 17,705**|
Page **10** of **14**
## **3.CHARITABLE ACTIVITIES COSTS**
|**ARITABLE ACTIVITIES COSTS**|||||||
|---|---|---|---|---|---|---|
||**Thisyear**|||**Lastyear**|||
|**Activity or programme**|**Activities**
**undertaken**
**directly**|**Support**
**Costs**|**Total this year**|**Activities**
**undertaken**
**directly**|**Support**
**Costs**|**Total last**
**year**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Charitable activities 1(Honorarium)|8,160||8,160|8,160|-|8,160|
|Charitable activities 2(Rent to Church)|4,319|9,020|13,339|2,339|11,628|13,967|
|Charitable activities 3(Welfare)|-||-|-|-|-|
|**Total**|12,479|9,020|21,499|10,499|11,628|22,127|
## **4. GOVERNANCE COSTS**
2022 (£) 2021 (£) Accountancy 350 400
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were trustees' remuneration or other benefits for the year ended 31 December 2021 and for the year ended 31 December 2022
## **6. Trustees' expenses**
There were no trustees’ expenses paid for the year ended 31 December 2021 and for the year ended 31 December 2022
Page **11** of **14**
## **7. TANGIBLE FIXED ASSETS**
|At 01 January 2022|6,316|3,800|2,180|
|---|---|---|---|
|Additions|0|||
|At 31 December 2022|6,316|3,800|2,180|
|**DEPRECIATIONS ( Reducing**||||
|**Balance Method)**|_25%_|_20%_|_20%_|
|At 01 January 2022|5,055|3,361|1,946|
|Charge for this year|315|88|47|
|At 31 December 2021|5,370|3,449|1,993|
|**NET BOOK VALUE**||||
|At 01 January 2022|1,682|549|293|
|At 31 December 2022|946|351|187|
## **8. Debtors**
## **Analysis of debtors**
|**Analysis of debtors**||||
|---|---|---|---|
||**This year**
**£**|||
|**Trade debtors**
~~**Prepayments and accrued**~~||||
|
**income**|-|||
|**Other debtors**|-|||
|**Total**|-|||
## **9. CREDITORS: AMOUNTS FALLING WITHIN ONE YEAR**
2022 (£) 2021 (£) Other creditors 55 55
Page **12** of **14**
## **10. MOVEMENT IN FUNDS**
|**MOVEMENT IN FU**|**NDS**|||||||
|---|---|---|---|---|---|---|---|
|**Fund names**|**and**
**Restrictions**|**£**||**£**|**£**|**£**|**£**|
|Restricted funds|To get own
church
building|30,025|||-|-|30,025|
|Unrestricted Funds||13,468||30,347|- 21,850|-|21,965|
|**Total Funds as**|**per balance**|-
||-|-|-|-|
|43,493 30,347 - 21,850 - 51,990
Yes*
No*
**Fund balances carried forward include assets and**
ü
ü
**sheet**||43,493
||30,347|- 21,850|-|51,990|
Page **13** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Detailed Statement of Financial Activities For the Year Ended 31 December 2022**
|Welfare|0|
|---|---|
|**Sub -total**|12,479|
|**Governance costs**||
|Accountancy|350|
|**Sub -total**|350|
|**Support costs**||
|Management||
|Insurance|532|
|Telephone|642|
|Printing, postage and stationery|5.00|
|Sundries|5,208|
|Vehicles expenses|390|
|Fuel|1,794|
|Depreciation|450|
|Bank charges||
|**Sub -total**|9,021|
|Net income/ (expenditure)|8,497|
Page **14** of **14**
# **REGISTERED CHARITY NUMBER: 1131713**
**Report of the Trustees and Financial Statements for the Year Ended 31 December 2022**
## **For**
## **OPEN DOOR OUTREACH MINISTRIES**
> 192 B, Station Road, Edgware Middlesex, HA8 7AR
## **OPEN DOOR OUTREACH MINISTRIES**
## **Contents of the Financial Statements For the Year Ended 31 December 2022**
||Page|
|---|---|
|Report of the Trustees|3 to 5|
|Independent Examiner's Report||
|6||
|Statement of Financial Activities||
|7||
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 13|
|Detailed Statement of Financial Activities||
|14||
## **OPEN DOOR OUTREACH MINISTRIES**
## **Report of the Trustees For the Year Ended 31 December 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP)'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered charity number** 1131713
## **Principal address**
3 Hazel View, Rossway Drive Bushey, WD23 3FJ
## **Trustees**
Isaac Nana Yeboah Jennifer Nana Yeboah
## **Independent examiner**
TaxAssist Accountants 192 B, Station Road, Edgware Middlesex, HA8 7AR
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a Charitable Incorporated organisation (CIO).
## **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.
Page **3** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Report of the Trustees For the Year Ended 31 December 2022**
## **Aim & Purposes:**
To encourage people to devote themselves to Christ and visiting the church more frequently.
Open Door Outreach Ministries is Responsible for the maintenance of the Church-Complex.
To support oppressed communities of Ghana in Africa
## **Objectives and activities**
We are fully committed to reach as many as people within the local community to encourage them to visit our church for the worship, for counselling and committed the general wellbeing to the community.
We organise events to help poor people specially with foods.
We help people in Ghana with humanitarian aids e.g. clothes, shoes and other essential items.
We also provide financial assistance to certain organisations e.g. orphanage.
We are committed to enhance our activities in the future by going beyond our community.
Initially we have a plan to set up another church in Hemel-Hempstead.
## **Achievements and performance:**
The attendance of worshippers is increased over the past years but due to covid-19 restrictions, it is fallen sharply in 2020.
We are usually open three (3) days a week (Fri- Sunday) for services to the worshipers and for counselling to the worshippers as well before the pandemic. During the pandemic we are doing our activities through ZOOM.
## **Financial review.**
In this year we are managed to continue our operation in reduced capacity to protect our restricted fund for the future commitment to set up another church in Hemel-Hempstead.
Bank balances are as follows:
|Bank Accounts
Bank Current Account:
A/C NO 20-74-12 03599027 (restricted Fund):
A/C NO 20-74-12 83041379:
A/C NO 20-74-12 43845265:
ACTIVE SAVER:
Cash in hand
**Total:**|Closing Balances as at 31.12.2022 (£)|
|---|---|
||
8,785.03
30,025.06
2,574.29
321.82
1,851.77
539.10
44**.096.32**|
Page **4** of **14**
## **Fund:**
Usually we used to collect the donations through public donations at Sunday offerings.
Besides, in reporting year we have received the £0.00 from HMRC under gift aid scheme and grant for JRS.
We have a restricted fund of £30,025.00 for financing the own Church Building in the future.
## **ON BEHALF OF THE BOARD:**
.............................................
## **Signature**
Rev Isaac Nana Yeboah Name of the Trustee Date: …………
Page **5** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Independent Examiner's Report to the Trustees**
I report on the accounts for the year ended 31 December 2022 set out on pages seven to fourteen.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. It is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 you as trustees concerning any such matters. The procedure 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 statements below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 130 of the 2011 Act and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been me: or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
TaxAssist Accountants 192 B, Station Road, Edgware Middlesex, HA8 7AR
Date: ………
Page **6** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Statement of Financial Activities For the Year Ended 31 December 2022**
Page **7** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Balance Sheet As At 31 December 2022**
The financial statements were approved by the Board of Trustees on …….. and were signed on its behalf by:
............................................. Signature
Rev Isaac Nana Yeboah
............................................. Trustee
Page **8** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Notes to the Financial Statements For the Year Ended 31 December 2022**
## **1. Basis of preparation**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Going concern**
There are no material uncertainties related to events or conditions that cast significant doubt on the charity’s ability to continue as a going concern.
## **Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 2,3 and 7.
## **Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources,
- it is more likely than not that the trustees will receive the resources,
- the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
## **Tax reclaims on donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
## **Support costs**
The charity has incurred expenditure on support costs.
## **Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## **Governance and support costs**
Governance and support costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Page **9** of **14**
## **Tangible fixed assets**
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.
.
## **Taxation**
The charity is exempt from 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 restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2.INCOME FROM DONATIONS**
|Donations (Tithes and offerings)
Gifit Aid
**Total**|Total
30,348
30,348 17,705
-
- -
2022 (£)
Unrestricted
fund
2022 (£)
Restricted
fund
2021 (£)
Total
fund|
|---|---|
||**30,348 - 30,348 17,705**|
Page **10** of **14**
## **3.CHARITABLE ACTIVITIES COSTS**
|**ARITABLE ACTIVITIES COSTS**|||||||
|---|---|---|---|---|---|---|
||**Thisyear**|||**Lastyear**|||
|**Activity or programme**|**Activities**
**undertaken**
**directly**|**Support**
**Costs**|**Total this year**|**Activities**
**undertaken**
**directly**|**Support**
**Costs**|**Total last**
**year**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Charitable activities 1(Honorarium)|8,160||8,160|8,160|-|8,160|
|Charitable activities 2(Rent to Church)|4,319|9,020|13,339|2,339|11,628|13,967|
|Charitable activities 3(Welfare)|-||-|-|-|-|
|**Total**|12,479|9,020|21,499|10,499|11,628|22,127|
## **4. GOVERNANCE COSTS**
2022 (£) 2021 (£) Accountancy 350 400
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were trustees' remuneration or other benefits for the year ended 31 December 2021 and for the year ended 31 December 2022
## **6. Trustees' expenses**
There were no trustees’ expenses paid for the year ended 31 December 2021 and for the year ended 31 December 2022
Page **11** of **14**
## **7. TANGIBLE FIXED ASSETS**
|At 01 January 2022|6,316|3,800|2,180|
|---|---|---|---|
|Additions|0|||
|At 31 December 2022|6,316|3,800|2,180|
|**DEPRECIATIONS ( Reducing**||||
|**Balance Method)**|_25%_|_20%_|_20%_|
|At 01 January 2022|5,055|3,361|1,946|
|Charge for this year|315|88|47|
|At 31 December 2021|5,370|3,449|1,993|
|**NET BOOK VALUE**||||
|At 01 January 2022|1,682|549|293|
|At 31 December 2022|946|351|187|
## **8. Debtors**
## **Analysis of debtors**
|**Analysis of debtors**||||
|---|---|---|---|
||**This year**
**£**|||
|**Trade debtors**
~~**Prepayments and accrued**~~||||
|
**income**|-|||
|**Other debtors**|-|||
|**Total**|-|||
## **9. CREDITORS: AMOUNTS FALLING WITHIN ONE YEAR**
2022 (£) 2021 (£) Other creditors 55 55
Page **12** of **14**
## **10. MOVEMENT IN FUNDS**
|**MOVEMENT IN FU**|**NDS**|||||||
|---|---|---|---|---|---|---|---|
|**Fund names**|**and**
**Restrictions**|**£**||**£**|**£**|**£**|**£**|
|Restricted funds|To get own
church
building|30,025|||-|-|30,025|
|Unrestricted Funds||13,468||30,347|- 21,850|-|21,965|
|**Total Funds as**|**per balance**|-
||-|-|-|-|
|43,493 30,347 - 21,850 - 51,990
Yes*
No*
**Fund balances carried forward include assets and**
ü
ü
**sheet**||43,493
||30,347|- 21,850|-|51,990|
Page **13** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Detailed Statement of Financial Activities For the Year Ended 31 December 2022**
|Welfare|0|
|---|---|
|**Sub -total**|12,479|
|**Governance costs**||
|Accountancy|350|
|**Sub -total**|350|
|**Support costs**||
|Management||
|Insurance|532|
|Telephone|642|
|Printing, postage and stationery|5.00|
|Sundries|5,208|
|Vehicles expenses|390|
|Fuel|1,794|
|Depreciation|450|
|Bank charges||
|**Sub -total**|9,021|
|Net income/ (expenditure)|8,497|
Page **14** of **14**
# **REGISTERED CHARITY NUMBER: 1131713**
**Report of the Trustees and Financial Statements for the Year Ended 31 December 2022**
## **For**
## **OPEN DOOR OUTREACH MINISTRIES**
> 192 B, Station Road, Edgware Middlesex, HA8 7AR
## **OPEN DOOR OUTREACH MINISTRIES**
## **Contents of the Financial Statements For the Year Ended 31 December 2022**
||Page|
|---|---|
|Report of the Trustees|3 to 5|
|Independent Examiner's Report||
|6||
|Statement of Financial Activities||
|7||
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 13|
|Detailed Statement of Financial Activities||
|14||
## **OPEN DOOR OUTREACH MINISTRIES**
## **Report of the Trustees For the Year Ended 31 December 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP)'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered charity number** 1131713
## **Principal address**
3 Hazel View, Rossway Drive Bushey, WD23 3FJ
## **Trustees**
Isaac Nana Yeboah Jennifer Nana Yeboah
## **Independent examiner**
TaxAssist Accountants 192 B, Station Road, Edgware Middlesex, HA8 7AR
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a Charitable Incorporated organisation (CIO).
## **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.
Page **3** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Report of the Trustees For the Year Ended 31 December 2022**
## **Aim & Purposes:**
To encourage people to devote themselves to Christ and visiting the church more frequently.
Open Door Outreach Ministries is Responsible for the maintenance of the Church-Complex.
To support oppressed communities of Ghana in Africa
## **Objectives and activities**
We are fully committed to reach as many as people within the local community to encourage them to visit our church for the worship, for counselling and committed the general wellbeing to the community.
We organise events to help poor people specially with foods.
We help people in Ghana with humanitarian aids e.g. clothes, shoes and other essential items.
We also provide financial assistance to certain organisations e.g. orphanage.
We are committed to enhance our activities in the future by going beyond our community.
Initially we have a plan to set up another church in Hemel-Hempstead.
## **Achievements and performance:**
The attendance of worshippers is increased over the past years but due to covid-19 restrictions, it is fallen sharply in 2020.
We are usually open three (3) days a week (Fri- Sunday) for services to the worshipers and for counselling to the worshippers as well before the pandemic. During the pandemic we are doing our activities through ZOOM.
## **Financial review.**
In this year we are managed to continue our operation in reduced capacity to protect our restricted fund for the future commitment to set up another church in Hemel-Hempstead.
Bank balances are as follows:
|Bank Accounts
Bank Current Account:
A/C NO 20-74-12 03599027 (restricted Fund):
A/C NO 20-74-12 83041379:
A/C NO 20-74-12 43845265:
ACTIVE SAVER:
Cash in hand
**Total:**|Closing Balances as at 31.12.2022 (£)|
|---|---|
||
8,785.03
30,025.06
2,574.29
321.82
1,851.77
539.10
44**.096.32**|
Page **4** of **14**
## **Fund:**
Usually we used to collect the donations through public donations at Sunday offerings.
Besides, in reporting year we have received the £0.00 from HMRC under gift aid scheme and grant for JRS.
We have a restricted fund of £30,025.00 for financing the own Church Building in the future.
## **ON BEHALF OF THE BOARD:**
.............................................
## **Signature**
Rev Isaac Nana Yeboah Name of the Trustee Date: …………
Page **5** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Independent Examiner's Report to the Trustees**
I report on the accounts for the year ended 31 December 2022 set out on pages seven to fourteen.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. It is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 you as trustees concerning any such matters. The procedure 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 statements below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 130 of the 2011 Act and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been me: or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
TaxAssist Accountants 192 B, Station Road, Edgware Middlesex, HA8 7AR
Date: ………
Page **6** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Statement of Financial Activities For the Year Ended 31 December 2022**
Page **7** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Balance Sheet As At 31 December 2022**
The financial statements were approved by the Board of Trustees on …….. and were signed on its behalf by:
............................................. Signature
Rev Isaac Nana Yeboah
............................................. Trustee
Page **8** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Notes to the Financial Statements For the Year Ended 31 December 2022**
## **1. Basis of preparation**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, the Charities Act 2011 and the requirements of the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **Going concern**
There are no material uncertainties related to events or conditions that cast significant doubt on the charity’s ability to continue as a going concern.
## **Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 2,3 and 7.
## **Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources,
- it is more likely than not that the trustees will receive the resources,
- the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
## **Tax reclaims on donations and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
## **Support costs**
The charity has incurred expenditure on support costs.
## **Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## **Governance and support costs**
Governance and support costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Page **9** of **14**
## **Tangible fixed assets**
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.
.
## **Taxation**
The charity is exempt from 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 restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2.INCOME FROM DONATIONS**
|Donations (Tithes and offerings)
Gifit Aid
**Total**|Total
30,348
30,348 17,705
-
- -
2022 (£)
Unrestricted
fund
2022 (£)
Restricted
fund
2021 (£)
Total
fund|
|---|---|
||**30,348 - 30,348 17,705**|
Page **10** of **14**
## **3.CHARITABLE ACTIVITIES COSTS**
|**ARITABLE ACTIVITIES COSTS**|||||||
|---|---|---|---|---|---|---|
||**Thisyear**|||**Lastyear**|||
|**Activity or programme**|**Activities**
**undertaken**
**directly**|**Support**
**Costs**|**Total this year**|**Activities**
**undertaken**
**directly**|**Support**
**Costs**|**Total last**
**year**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|Charitable activities 1(Honorarium)|8,160||8,160|8,160|-|8,160|
|Charitable activities 2(Rent to Church)|4,319|9,020|13,339|2,339|11,628|13,967|
|Charitable activities 3(Welfare)|-||-|-|-|-|
|**Total**|12,479|9,020|21,499|10,499|11,628|22,127|
## **4. GOVERNANCE COSTS**
2022 (£) 2021 (£) Accountancy 350 400
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were trustees' remuneration or other benefits for the year ended 31 December 2021 and for the year ended 31 December 2022
## **6. Trustees' expenses**
There were no trustees’ expenses paid for the year ended 31 December 2021 and for the year ended 31 December 2022
Page **11** of **14**
## **7. TANGIBLE FIXED ASSETS**
|At 01 January 2022|6,316|3,800|2,180|
|---|---|---|---|
|Additions|0|||
|At 31 December 2022|6,316|3,800|2,180|
|**DEPRECIATIONS ( Reducing**||||
|**Balance Method)**|_25%_|_20%_|_20%_|
|At 01 January 2022|5,055|3,361|1,946|
|Charge for this year|315|88|47|
|At 31 December 2021|5,370|3,449|1,993|
|**NET BOOK VALUE**||||
|At 01 January 2022|1,682|549|293|
|At 31 December 2022|946|351|187|
## **8. Debtors**
## **Analysis of debtors**
|**Analysis of debtors**||||
|---|---|---|---|
||**This year**
**£**|||
|**Trade debtors**
~~**Prepayments and accrued**~~||||
|
**income**|-|||
|**Other debtors**|-|||
|**Total**|-|||
## **9. CREDITORS: AMOUNTS FALLING WITHIN ONE YEAR**
2022 (£) 2021 (£) Other creditors 55 55
Page **12** of **14**
## **10. MOVEMENT IN FUNDS**
|**MOVEMENT IN FU**|**NDS**|||||||
|---|---|---|---|---|---|---|---|
|**Fund names**|**and**
**Restrictions**|**£**||**£**|**£**|**£**|**£**|
|Restricted funds|To get own
church
building|30,025|||-|-|30,025|
|Unrestricted Funds||13,468||30,347|- 21,850|-|21,965|
|**Total Funds as**|**per balance**|-
||-|-|-|-|
|43,493 30,347 - 21,850 - 51,990
Yes*
No*
**Fund balances carried forward include assets and**
ü
ü
**sheet**||43,493
||30,347|- 21,850|-|51,990|
Page **13** of **14**
## **OPEN DOOR OUTREACH MINISTRIES**
## **Detailed Statement of Financial Activities For the Year Ended 31 December 2022**
|Welfare|0|
|---|---|
|**Sub -total**|12,479|
|**Governance costs**||
|Accountancy|350|
|**Sub -total**|350|
|**Support costs**||
|Management||
|Insurance|532|
|Telephone|642|
|Printing, postage and stationery|5.00|
|Sundries|5,208|
|Vehicles expenses|390|
|Fuel|1,794|
|Depreciation|450|
|Bank charges||
|**Sub -total**|9,021|
|Net income/ (expenditure)|8,497|
Page **14** of **14**