THE CHURCH OF GOD (NATIONAL OFFICE - UK)
Charity No. 1132804
Company No. 07015215
Trustees' Report and Unaudited Accounts
31 March 2023
THE CHURCH OF GOD (NATIONAL OFFICE - UK) CONTENTS
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 2 to 4 | |
| Independent Examiner's Report | 5 | |
| Statement of Financial Activities | 6 | |
| Summary Income and Expenditure Account | 7 | |
| Balance Sheet | 8 | |
| Statement of Cash flows | 9 | |
| Notes to the Accounts | 10 to | 16 |
| Detailed Statement of Financial Activities | 17 to | 18 |
Page 1
THE CHURCH OF GOD (NATIONAL OFFICE - UK) TRUSTEES ANNUAL REPORT
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 07015215
Charity No. 1132804
Registered Office
The Church Of God Long Lane Halesowen West Midlands B62 9LL
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
B. ANDERSON P.C. Bennett M. CLARKE R. PRINCE G. WILSON
Accountants
R & J Accountants 12 Lilafield Court 638 Kingstanding Road Birmingham B44 9SL
OBJECTIVES AND ACTIVITIES
Page 2
THE CHURCH OF GOD (NATIONAL OFFICE - UK) TRUSTEES ANNUAL REPORT
Objectives and aims
The charity's articles and memorandum state the Trust's principal objectives to:
Advance the Christian faith in accordance with the statement of beliefs in the schedule hereto attached in such ways and in such parts of the United Kingdom or the World;
Relieve sickness and financial hardship and to promote and preserve good health by provision of counselling and support in such parts of the UK or the world.
Provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life in such parts of the United Kingdom or the World; good health by provision of counselling and support in such parts of the United Kingdom or the World; as the trustees may from time to time think fit.
The trustees have paid due attention to the Charity Commission's general guidance on public benefit in respect of all the charity's activities. Significant activities
The Church of God (National Office UK) Ltd continues to operate financially as an independent trust. The Church activities include
Sunday morning and Sunday evening Meetings, Sunday school and a variety of mid-week meetings.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
2022/23 has been a steady year for the Church. Most of the services are held in the Church's buildings, however, some churches have continued to have some activities on line as well as streaming Sunday services for individuals who are unable to attend in person. Our members continue to support the local and national church financially.
Activities during the year have included: National Conferences
National Men’s Retreat National Ladies Retreat
National Family Camp Sunday and midweek services Sunday school classes & Children’s Christmas parties Bible studies & craft clubs
As an organisation our future goal is to reach out even further to the communities and to be a source of support for all. We continue to utilising online tools e.g. YouTube, and Facebook and our church website to help us in our evangelistic endeavour to accompany more traditional methods such as leaflet drops and door to door and street evangelism.
FINANCIAL REVIEW
Page 3
THE CHURCH OF GOD (NATIONAL OFFICE - UK) TRUSTEES ANNUAL REPORT
Reserves policy
We aim to build up reserves in order to keep a contingency fund in the bank to cover the on-going costs of the charity and for the security of the organisation. This will add to the financial security of the organisation and enable us to react on a timely basis to any emergency situation which may arise. We believe our responsibility is to promote a high level of community care and to lovingly support and serve our community so we can live in a safe and equitable community.
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.
Risk management
The trustees have a duty to identify and review the risk to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
P.C. Bennett Trustee 27 October 2023
Page 4
THE CHURCH OF GOD (NATIONAL OFFICE - UK) INDEPENDENT EXAMINERS REPORT
Independent Examiner's Report to the trustees of THE CHURCH OF GOD (NATIONAL OFFICE - UK)
I report on the accounts of THE CHURCH OF GOD (NATIONAL OFFICE - UK) for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes.
Respective responsibilities of trustees and examiner
The trustees (who are also directors of the charitable company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under s.145 of the 2011 Act;
-
to follow procedures laid down in the general Directions given by the Charity Commission under s.145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
Basis of 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 procedures 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 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 the Companies Act 2006, s.386 and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice: Accounting and Reporting by Charities,
-
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.
Mr R D Patel
Institute of Financial Accountants
-
R & J Accountants
-
12 Lilafield Court
-
638 Kingstanding Road
Birmingham B44 9SL 27 October 2023
Page 5
THE CHURCH OF GOD (NATIONAL OFFICE - UK) STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 March 2023
| Notes Income and endowments from: Donations and legacies 4 Charitable activities 5 Investments 6 Other 7 Total Expenditure on: Charitable activities 8 Other 9 Total Net gains on investments Net income 10 Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2023 £ 115,424 29,628 194 7,500 |
Total funds 2023 £ 115,424 29,628 194 7,500 |
Total funds 2022 £ 97,044 30,698 5 7,500 |
|---|---|---|---|
| 152,746 84,036 20,821 |
152,746 84,036 20,821 |
135,247 84,909 37,965 |
|
| 104,857 - |
104,857 - |
122,874 - |
|
| 47,889 | 47,889 | 12,373 | |
| 47,889 | 47,889 | 12,373 | |
| 47,889 259,201 |
47,889 259,201 |
12,373 246,828 |
|
| 307,090 | 307,090 | 259,201 |
Page 6
THE CHURCH OF GOD (NATIONAL OFFICE - UK) SUMMARY INCOME AND EXPENDITURE ACCOUNT
for the year ended 31 March 2023
| Income Interest and investment income Gross income for the year Expenditure Interest payable Depreciation and charges for impairment of fixed assets Total expenditure for the year Net income before tax for the year Net income for the year |
2023 £ 152,552 194 152,746 100,770 2,937 1,150 104,857 47,889 47,889 |
2022 £ 135,242 5 |
|---|---|---|
| 135,247 | ||
| 120,448 2,237 189 |
||
| 122,874 | ||
| 12,373 | ||
| 12,373 |
Page 7
THE CHURCH OF GOD (NATIONAL OFFICE - UK) BALANCE SHEET
at 31 March 2023
| Company No. 07015215 Notes 2023 £ Fixed assets Tangible assets 12 175,412 175,412 Current assets Cash at bank and in hand 177,503 177,503 Creditors:Amount falling due within one year 13 - Net current assets 177,503 Total assets less current liabilities 352,915 Creditors:Amounts falling due after more than one year 14 (45,825) Net assets excluding pension asset or liability 307,090 Total net assets 307,090 The funds of the charity Restricted funds 15 Unrestricted funds 15 General funds 307,090 307,090 Reserves 15 Total funds 307,090 |
2022 £ 172,528 |
|---|---|
| 172,528 154,001 |
|
| 154,001 (2,214) |
|
| 151,787 324,315 (65,114) |
|
| 259,201 | |
| 259,201 | |
| 259,201 | |
| 259,201 | |
| 259,201 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
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 responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 27 October 2023
And signed on its behalf by:
P.C. Bennett
Trustee
27 October 2023
Page 8
THE CHURCH OF GOD (NATIONAL OFFICE - UK) STATEMENT OF CASH FLOWS for the year ended 31 March 2023
| Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: Depreciation of property, plant and equipment Dividends, interest and rents from investments (Decrease)/Increase in trade and other payables Net cash provided by operating activities Cash flows from investing activities Purchases of property, plant and equipment Dividends, interest and rents from investments Net cash from investing activities Cash flows from financing activities Repayment of borrowings Net cash used in financing activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances |
2023 £ 47,889 1,150 (7,694) (2,214) 39,131 (4,034) 7,694 3,660 (19,289) (19,289) 23,502 154,001 177,503 177,503 177,503 |
2022 £ 12,373 189 (7,505) 1,153 |
|---|---|---|
| 6,210 - 7,505 |
||
| 7,505 | ||
| (4,005) | ||
| (4,005) | ||
| 9,710 | ||
| 144,291 | ||
| 154,001 | ||
| 154,001 | ||
| 154,001 |
Page 9
THE CHURCH OF GOD (NATIONAL OFFICE - UK) NOTES TO THE ACCOUNTS
for the year ended 31 March 2023
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with 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 if Ireland (FRS 102) - Charities SORP (FRS 102) (effective 1 January 2015) - the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 10
THE CHURCH OF GOD (NATIONAL OFFICE - UK) NOTES TO THE ACCOUNTS
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures & Fittings 25% Reducing balance Motor Vehicles 25% Reducing balance
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with throug the Statement of Financial Activities. No depreciation is provided in respect of investment properties.
This treatment conflicts with the requirements of the Companies Act 2006 that all properties should be depreciated. The directors consider that, because these properties are not held for consumption, but for their investment potential it is necessary to adopt the requirements of the FRSSE in order to give a true and fair view.
Intangible fixed assets and amortisation
Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 11
THE CHURCH OF GOD (NATIONAL OFFICE - UK) NOTES TO THE ACCOUNTS
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Charitable activities Investments Other Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2022 £ 97,044 30,698 5 7,500 135,247 84,909 37,965 122,874 12,373 12,373 12,373 246,828 259,201 |
2022 £ - - - - - - - - - - - - - |
2022 £ - - - - - - - - - - - - - |
Total funds 2022 £ 97,044 30,698 5 7,500 |
|---|---|---|---|---|
| 135,247 84,909 37,965 |
||||
| 122,874 | ||||
| 12,373 | ||||
| 12,373 | ||||
| 12,373 246,828 |
||||
| 259,201 |
Page 12
THE CHURCH OF GOD (NATIONAL OFFICE - UK) NOTES TO THE ACCOUNTS
4 Income from donations and legacies
| Tithes Gifts & Offering Gifts AID 5 Income from charitable activities Auxillary Offering Activities & Events Other Donations Convention World Mission 6 Income from investments Bank interest received 7 Other income Rent Received |
Unrestricted £ 92,522 22,902 115,424 Unrestricted £ 10,838 9,296 3,701 4,140 1,653 29,628 Unrestricted £ 194 194 Unrestricted £ 7,500 7,500 |
Total 2023 £ 92,522 22,902 115,424 Total 2023 £ 10,838 9,296 3,701 4,140 1,653 29,628 Total 2023 £ 194 194 Total 2023 £ 7,500 7,500 |
Total 2022 £ 85,109 11,935 |
|---|---|---|---|
| 97,044 | |||
| Total 2022 £ 9,674 10,176 5,957 3,550 1,341 |
|||
| 30,698 | |||
| Total 2022 £ 5 |
|||
| 5 | |||
| Total 2022 £ 7,500 |
|||
| 7,500 |
Page 13
THE CHURCH OF GOD (NATIONAL OFFICE - UK) NOTES TO THE ACCOUNTS
8 Expenditure on charitable activities
| Expenditure on charitable activities Activities & Events General HQ & Other donations Governance costs Trustees' salaries Independent examiner fees 9 Other expenditure Bank loan and overdraft interest payable Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 10 Net income before transfers This is stated after charging: Depreciation of owned fixed assets 11 Staff costs No employee received emoluments in excess of £60,000. |
Unrestricted £ 7,237 18,927 56,072 1,800 84,036 Unrestricted £ 2,937 403 9,018 1,150 6,413 900 20,821 2023 £ 1,150 |
Total 2023 £ 7,237 18,927 56,072 1,800 84,036 Total 2023 £ 2,937 403 9,018 1,150 6,413 900 20,821 |
Total 2022 £ 12,007 13,887 57,215 1,800 |
|---|---|---|---|
| 84,909 | |||
| Total 2022 £ 2,237 589 28,889 189 6,061 - |
|||
| 37,965 | |||
| 2022 £ 189 |
Page 14
THE CHURCH OF GOD (NATIONAL OFFICE - UK) NOTES TO THE ACCOUNTS
12 Tangible fixed assets
| Land and buildings Fixtures & Fittings £ £ Cost or revaluation At 1 April 2022 171,960 - Additions - - At 31 March 2023 171,960 - Depreciation and impairment At 1 April 2022 - - Depreciation charge for the year - - At 31 March 2023 - - Net book values At 31 March 2023 171,960 - At 31 March 2022 171,960 - 13 Creditors: amounts falling due within one year Trade creditors Other creditors 14 Creditors: amounts falling due after more than one year Bank loans and overdrafts |
Motor Vehicles £ - - - - - - - - 2023 £ - - - 2023 £ 45,825 45,825 |
Plant & Machinery £ 1,794 4,034 5,828 1,226 1,150 2,376 3,452 568 |
Total £ 173,754 4,034 |
|---|---|---|---|
| 177,788 | |||
| 1,226 1,150 |
|||
| 2,376 | |||
| 175,412 | |||
| 172,528 | |||
| 2022 £ 42 2,172 |
|||
| 2,214 | |||
| 2022 £ 65,114 |
|||
| 65,114 |
Page 15
THE CHURCH OF GOD (NATIONAL OFFICE - UK) NOTES TO THE ACCOUNTS
15 Movement in funds
| Restricted funds: Unrestricted funds: General funds Revaluation Reserves: Total funds 16 Analysis of net assets between funds Fixed assets Net current assets Creditors due in more than one year and provisions |
At 1 April 2022 259,201 259,201 |
Incoming resources (including other gains/losses ) £ 152,746 152,746 |
Resources expended £ (104,857) (104,857) Unrestricted funds £ 175,412 177,503 (45,825) 307,090 |
At 31 March 2023 £ 307,090 |
|---|---|---|---|---|
| 307,090 | ||||
| Total £ 175,412 177,503 (45,825) |
||||
| 307,090 |
17 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 16
THE CHURCH OF GOD (NATIONAL OFFICE - UK) DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 March 2023
| Income and endowments from: Donations and legacies Tithes Gifts & Offering Gifts AID Charitable activities Auxillary Offering Activities & Events Other Donations Convention World Mission Investments Bank interest received Other Rent Received Total income and endowments Expenditure on: Charitable activities Activities & Events General HQ & Other donations Governance costs Trustees' salaries Independent examiner fees Total of expenditure on charitable activities Other expenditure Bank loan and overdraft interest payable Motor and travel costs Travel and subsistence Premises costs Rent |
Unrestricted funds 2023 £ 92,522 22,902 115,424 10,838 9,296 3,701 4,140 1,653 29,628 194 194 7,500 7,500 152,746 7,237 18,927 26,164 56,072 1,800 57,872 84,036 2,937 2,937 403 403 6,805 |
Total funds 2023 £ 92,522 22,902 115,424 10,838 9,296 3,701 4,140 1,653 29,628 194 194 7,500 7,500 152,746 7,237 18,927 26,164 56,072 1,800 57,872 84,036 2,937 2,937 403 403 6,805 |
Total funds 2022 £ 85,109 11,935 |
|---|---|---|---|
| 97,044 | |||
| 9,674 10,176 5,957 3,550 1,341 |
|||
| 30,698 | |||
| 5 | |||
| 5 | |||
| 7,500 | |||
| 7,500 | |||
| 135,247 12,007 13,887 |
|||
| 25,894 | |||
| 57,215 1,800 |
|||
| 59,015 | |||
| 84,909 2,237 |
|||
| 2,237 | |||
| 589 | |||
| 589 | |||
| 4,605 |
Page 17
THE CHURCH OF GOD (NATIONAL OFFICE - UK) DETAILED STATEMENT OF FINANCIAL ACTIVITIES
| Rates Light, heat and power Premises repairs and maintenance General administrative costs, including depreciation and amortisation Depreciation of Fixtures & Fittings Depreciation of Motor Vehicles Depreciation of Plant & Machinery General insurances Website & Internet Stationery and printing Sundry expenses Legal and professional costs Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds |
111 1,992 110 9,018 - - 1,150 2,804 193 436 2,980 7,563 900 900 20,821 104,857 - 47,889 47,889 - 47,889 |
111 1,992 110 9,018 - - 1,150 2,804 193 436 2,980 7,563 900 900 20,821 104,857 - 47,889 47,889 - 47,889 |
101 1,148 23,035 |
|---|---|---|---|
| 28,889 | |||
| - - 189 2,044 - 324 3,693 |
|||
| 6,250 | |||
| - | |||
| - | |||
| 37,965 | |||
| 122,874 - |
|||
| 12,373 | |||
| 12,373 - |
|||
| 12,373 |
Page 18