REG15fERED COMPANY NUMBER., 06983950 {England and Wales) REGISTERED CHARITY NUMBER: 1133580 REPORT OF THE TRUSTEES AND FINANCIAL sfATEMETr¥f5 FOR THE YEAR ENDED 31 AUGUST 2022 FOR THE SHILOH PENTECOSTAL FELLOWSHIP IBIRMINGHAMI UMITED Lowson Ward Chartered Accountants 292 Wake Green Road Birmingham B13 9QP
THE SHILOH PENTECOSTAL FELLOWSHIP {BIRMINGHAMI LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 Page Report ot the Trustees Independent Examiner's Report Statement of Financlal ActNÈties Balance Sheet Notes to the Financial Ststements 9 to 15 Detailed Statement of Financlal Artlvltles 16 to 17
THE SHILOH PENTECOSTAL FELLOWSHIP (BIRMINGHAM) LIMITED REPORTOFTHE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022 The trustees present their report and the unaudited financial statements of the company for the year ended 31 August 2022. oBJEIVEs ANO ACTIVITIES Objectives and alms The principal activities of the company during the year were to advance the Christian faith, and financial hardshipi to promote and preserve good health, and to advance education. Significant artlvltles We try to encourage and enable the community and members to live out their faith whilst worshipping with us through Sunday seNices, weekly prayer, teachin& pastoral support, youth work, and women's/men's ministry. Public benefit We do this by extending a loving concern for the spirttual and prartical needs of those within our influence, so that the local church is strengthened, expanded, and help is given to those who need it. We reach out to support people in social need and deprivation, who come into the church, or come to our attention, or are referred to the church. Thi5 is done by offering mentoring and congregational support and Christian love, a5 we use the expertise of church members to relieve financial and social pressures. This enables people to live happy and purposeful Iwes. We also refer people to other agencies when nesSary. We have a relationship with other local churches and are represented on the Aston Churches Together Forum. Volunteers We are grateful for our volunteers who have supported the work this year and have contributed to the friendly family atmosphere that the community experiences. Our charity is committed to Safeguarding and promoting the welfare of its member5 and visitors and expett all our volunteer workers to share this commitment. Page I
THE SHILOH PENTECOSTAL FELLOWSHIP {BIRMINGHAM) LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022 ACHIEVEMENTS AND PERFORMANCE Charitable actlvltles We have been consistent with our Sunday morning setwices which we conducted on Zoom for a while, and returned to the church building when we felt it was safe to do 50. Weekly prayer and teaching sessions. Pastoral surgery on Thursdays for the community and members to drop in or book appointments to discuss matters. On the same day we have a coffee/chat session for anyone to access. Youth work - sessions on Zoom. Young people met on this platForm to engage with other young people throughoLrt the country for spiritual encouragement discussions, teachings. and guidance which helped to contribute to their holistic well-being after lockdown. Both youth and workers alike benefitted. Whilst our men's group were not able to meet. the women's group met on the last Saturday of each month for social and spiritual events. Our mi55ions dept. ha5 been working hard throughout the year, helping those identified in the community who needed support. Small food parcels, gifts, clothing and small donations were made to those in need including members. There was a crisis in St. Vincent because of a volcano and we rallied around to collert food, clothing, and children's necessities which were delivered to them. Family services and programs. Special seNices were hosted throughout the year, inviting friends and family along i.e. family day, mothers/fathers' day, and Christmas. Some of these Services ended with a communal dinner for those present. Children were treated to cinema and lunch, and we had a Christmas programme where they showcased their talents and abilities. We also had a joint Good Friday walk of witness and carol setvice with the Aston Churches Together Forum. FINANCIAL REVIEW Financial position Total income for the year was £32,373 12021 - £32.7331. with expenditure of £25,16012021- £23,588). Thi5 resulted in a net income ot £7,21312021- £9,145) which is carried forward in unrestritted reserves. All funds for the year were unrestricted totallin8 £55,33212021- £48,119). Principal funding source5 Our principal source of income is through members, tithes and offerings, 3hOugh we have had some income from the hiring out of the property to those who neede(l a bullding for their seNices. Going concern No material uncertainties exist that cast doubt on the charitie5 ability to continue. The trustees are of the opinion that the chartty is financially sound and expect similar resu$ for the period to 31 August 2023. FUTURE PLANS We intend to continue with our present plans to build up the charity by outreach to the community and expanding in the necessary areas of ministry. We aim to continue with our open4oor policy. Our plans are mainly financed by gift giving by our congregation. Page 2
THE SHILOH PENTECOSTAL FELLOWSHIP (BIRMINGHAM) LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022 $rRuuRE. 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. Recruitment and appointment of new trustees Trustees are elected by other serving trustees or by those in authority within the organization, where in-house training is given and appropriate training by external organisations. The trustees who are a150 Directors, are responsible for the management and control of the charity and meet regularly during the year. Other subsidiary groups meet to implement policies where necessary. All tSteeS are volunteers. Risk management The trustees have a duty to identify and review the risks to which the church is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. We identified and adhered to the governments, guidelines on Covid-19 procedures and continued updating and sharing information accordingly. We managed the risk5 by safeguarding policies, pastoral support, and obeying the health and safety regulations. REFERENCE AND ADMINISTRATIVE DAlL5 Registered Company number 06983950 (England and Wales) Registered Charity number 1133580 Registered office 36 Station Road Aston Birmingham West Midlands B6 6RA Trustees The trustees who served the charity during the year were as follow5: Reverend F A NoNille B E Mangove V N Palgrave D L Johnson R Olayokun Rev. F Norville 15 the acting chair of trustees. Please contact her, should you require any further details about the charity. Page 3
THE SHILOH PENTECOSTAL FELLOWSHIP {BIRMINGHAMI LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022 REFERENCE AND ADMINISTRATIVE DAlls Independent Examiner Lowson Ward Chartered Accountants 292Wake Green Road Birmingham B13 9QP CHARtTY COMM155ION The company is registered with the Charity Commission. Registered number 1133580. The directors of the company are also trustees. Approved by oriler of the board of trustees on 12 March 2026 and signed on its behalf by- Ms F NoNille- Trustee Page 4
INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES OF THE SHILOH PENTECOSTAL FELLOWSHIP IBIRMINGHAMI LIMITED Independent examlner's report to the trustees of The Shiloh Pentscostal Fellowship (Birmingham) Llmited l*he Company'l I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2022. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2CK)6 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Att 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 I'the 2011 Act'l. In carrying out my examination I have followed the Dirertions given by the Charity Commission under Section 14515) Ibl of the 2011 Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connertion 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 Sertion 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 accordan with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. 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 orderto enable a proper understanding of the accounts to be reached. Philip Ward FCA Lowson Ward Chartered Accountants 292 Wake Green Road Birmingham B13 9QP 12 March 2026 Page 5
THE SHILOH PENTECOSTAL FELLOWSHIP {BIRMINGHAM} LIMITED STATEMENT OF FINANCIAL AcfiviTIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2022 2022 Unrestrirted fund 2021 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 29,938 30,803 Charitable activitie5 Room hire Other income 2,435 1,21Y) 730 Total 32.373 32,733 EXPENDrruRE ON Charitable activities Direct charitable expenditure Governan cost5 Depreciation 19,192 5,065 903 19,892 2,785 911 Total 25,160 23,588 NETINCOME 7,213 9,145 RECONCILIATION OF FUNDS Total fund5 brought forward 48,119 38,974 TOTAL FUNDS CARRIED FORWARD 55,332 48,119 CONTINUING OPERATIONS All income and expenditure has arisen from continuing activitie5. The notes form part of these financial statements Page 6
THE SHILOH PENTECOSTAL FELLOWSHIP IBIRMINGHAM} LIMITED BALANCE SHEET 31 AUGUST 2022 2022 Unrestricted fund 2021 Total funds Notes FIXED ASss Tangible assets 28.379 29,282 CURRENT ASSETS Debtors Cash at bank and in hand 720 31.285 19,785 32,005 19,785 CREDITORS Amounts falling due within one year 15,0521 19481 NET CURRENT ASSETS 26,953 18,837 TOTAL ASS5 LESS CURRENT LIABILITIES 55,332 48,119 NET ASss 55.332 48,119 FUNDS Unrestricted funds 55,332 48.119 TOTAL FUNDS 55.332 48,119 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the vear ended 31 August 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006. The tru5tee5 acknowledge their responsibilities for ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Art 2006 and 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 accordan with the requirements of Sections 394 and 395 and which othenNise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. Ibl The notes form part of these financial statements Page 7
THE SHILOH PENTECOSTAL FELLOWSHIP (BIRMINGHAM) LIMITED BALANCE sHE- continued 31 AUGUST2022 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subjert to the small companies regime. The financial statements were approved ljy the Board of Tmstees and authorised for issue on 12 March 2026 and were signed on its behalf by: Ms F Norville- Trustee The notes form part of these financial statements Page 8
THE SHILOH PENTECOSTAL FELLOWSHIP (BIRMINGHAM) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 ACCOUNTING POLICIES Basis of preparing the financtal statements The financial statements of the charitable company, which is a public benefft entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republie of Ireland, and the Companies Act 2CKJ6. The financial statements have been prepared under the historical cost convention. These financial statements are the first prepared in accordance with FRS 102 and the Charities SORP. The charity previously prepared its financial statements under FRS 105. The date of transitioft to FRS 102 was I September 2020 On transition, the principal change affetting the comparatives was the adoption of the Chartties SORP treatment of property, plant and equipment IFRS 102 Section 171, which requires depreciation of the charivs building (note 111. The charty has also elected to apply the exemption available under FRS 102 (section 351 to measure tangible fixed assets at deemed Cost, being the carrying amount under previous UK GAAP at the date of transition. No adjustments were required to the carrying values of tangible fixed assets on tran51tion other than the commencement of depreciation on the building element of freehold property. rinancial reporting standard 102- reduced dlsclosure exemptions The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financia5 Reporting Standard applicable in the UK and Republic of Ireland,: the quirements of Section 7 Statement of Cash Flows. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, is probable that the income will be received and the amount can be measured reliably. Donations and tithe income are recognised when received or receivable if there is evidence of entitlement and the amount is measurable. Expendlture 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 benefrts 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. Page 9
THE SHILOH PENTECOSTAL FELLOWSHIP (BIRMINGHAM) UMITED NOTES TO THE FINANCIAL sfATEMENTS- contlnued FOR THE YEAR ENDED 31 AUGUST2022 ACCOUNTING POLICIES- continued Governance costs Included within governance costs for the year are fees for the preparation of the statutory accounts and for the independent examination- Accounts preparation Independent examination £2,54412021- £9481 £2,50812021- £nill Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful Freehold property Fixtures and fittings Motor vehicles Computer equipment 2% p.a. on cost excluding land IO% on reducing balance 20% on reducing balance IO% on reducing balance All fixed assets are initially recorded at cost. Taxation The charity is exempt from corporation tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectNes at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objerts of the charity. Restrictions arise when specified by the donor or when funds are rdised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the note5 to the finantial statements. rinancial instruments Financial liabilities and equity instruments are classified according to the substance of the contrattual arrangements ented into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilitie5. Where the contrartual obligations of financial instruments lincluding Share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilitie5 are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and Ioss account. Finan costs are calculated so as to produce a constant rate of return on the outstanding liability. Page 10
THE SHILOH PENTECOSTAL FELLOWSHIP (BIRMINGHAMI LIMITED NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31 AUGUST2022 ACCOUNTING POLICIES- continued Financial instruments Where the contractual terms of share capital do not have any term5 meeting the definition of a financial liability then this is classed as an equty instrument. Dividends and distributions relating to equity instruments a debite(I direct to equity. INCOMEIIEXPENDrruREI Net incomellexpenditurel is stated after chargingllcreditingl- 2022 2021 Depreciation- owned assets Deficit on disposal of fixed assets 911 61 TRusfEES' REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021. Trustees, expenses During the year, expenses were reimbursed to the trustees as follows.. Rev. F Norville 8. Mangove £516 £3,332 COMPANY LIMITED BY GUARANTEE The Trustees being members of the Shiloh Pentecostal Fellowship (Birmingham) Limited, being members of the company* have guaranteed an amount not exceeding £1 in the event of the company being wound up. Page 11
THE SHILOH PENTECOSTAL FELLOWSHIP {BIRMINGHAMI LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2022 TANGIBLE FIXED ASSETS Flxtures and fittings Freehold property Motor vehicles Computer equipment Totsls cosr At I September 2021 Di5posa15 6,722 1,000 {i.000} 10.558 43,280 11,0001 At 31 Au8USt 2022 6,722 10.558 42,280 DEPRECIATION At I September 2021 Charge for year Eliminated on disposal 700 350 4.591 213 939 7,768 279 13,998 {9391 19391 At 31 August 2022 1,050 4,804 8.047 13,901 NBooKVALUE At 31 August 2022 23.950 1.918 2,511 28,379 At 31 August 2021 24,300 2,131 61 2,790 29,282 Included within the cost of freehold property is freehold land of £7,500 which is not depreciated. DEBTORS: Amoumfs FALLING DUE WITHIN ONE YEAR 2022 2021 Other debtors 720 Other debtors comprise amounts due to the charity at the year end not included elsewhere. This includes amounts re1vable in respert of a loan made by the charity which was repaid in full the following year. Page 12
THE SHILOH PENTECOSTAL FELLOWSHIP (BIRMINGHAMI LIMITED NOTES TO THE FINANCIAL STATEMEiwfs- contlnued FOR THE YEAR ENDED 31 AUGUST2022 CASH AT BANK AND IN HAND 2022 Total funds 2021 Totsl funds Cash in hand Bank account no. I Bank account no. 2 Bank account no. 3 19,692 85 31277 Totsl 31,285 19,785 CREDITORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 2022 2021 Accrued expenses 5,052 948 Creditors at the year end comprise professional fees payable in respect of accountancy services. MOVEMENT IN FUNDS Net movement in funds At 31.8.22 At 1.9.21 Unrestrlcted funds General fund 48.119 7,213 55,332 TOTALFUNDS 48,119 7,213 55,332 Net movement in funds, included in the above are as follows: Incoming resources Resource5 expended Movement in funds Unrestricted funds General *und 32,373 125,1601 7,213 TOTAL FUNDS 32.373 125.1601 7.213 Page 13
THE SHILOH PENTECOSTAL FELLOWSHIP IBIRMINGHAMI LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 AUGUST2022 MOVEMENT IN FUNDS-continued Comparatives for movement in funds Net movement In funds At 31.8.21 At 1.9.20 Unrestricted lunds General fund 38.974 9,145 48.119 TOTAL FUNDS 38,974 9,145 48,119 Comparative net movement in funds, included in the above are as follows.. Incomlng re50urce5 Resource5 expended Movement In funds Unrestricted funds General fund 32,733 123,5881 9,145 TOTAL FUNDS 32,733 123,5881 9,145 io. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 August 2022. Page 14
THE SHILOH PENTECOSTAL FELLOWSHIP {BIRMINGHAMI LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 AUGUST 2022 ii. FIRTIME ADOPTION OF FRS 102 The last financial statements prepared under previous UK GAAP were for the year ended 31 August 2021, and the date of transition to FRS 102 and Charitie5 SORP was therefore I September 2020. Reconciliations and descriptions of the effect of the transition. to FRS 102 and Charities SORP, on total funds and net incomelllossl for the comparative period pOrted under previous UK GAAP are as follows- RECONCILIATION OF TOTAL FUNDS 1 September 2020 31 August 2021 Totsl funds under previous UK GAAP Adjustment to accumulated depreciation 39,324 13501 48,819 171xJI Totsl funds under FRS 102 38,974 48,119 RECONCILIATION OF NET INCOME/ILOSSI 31 August 2021 Net incomelllossl reported under previous UK GAAP Adjustment to depreciation 9.495 13501 tet income/llossl reported under FRS 102 9,145 Page 15
THE SHILOH PENTEC05TAL FELLOWSHIP IBIRMINGHAM} LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2022 2022 2021 INCOME AND ENDOWMENTS Donations and legacies Tithes Offering 22.073 7.865 28,766 2,037 29.938 30,803 Charitable activities Room hire Other income 2,435 1,200 730 2,435 1,930 Total Incoming resource5 32.373 32,733 EXPENDITURE Charitable activities Rates and water Insuran Light and heat Telephone and internet Postage and stationery Sundries Pastors gifts and expenses Repairs and maintenance Events and catering Travel 131 1,682 3,522 616 668 1,621 7,316 935 152 361 1,000 8,656 1,143 631 8,556 2.838 19,169 20,709 Support costs Finance Bank charges Carried forward 107 107 23 This page does not form part of the statutory financial statements Page 16
THE SHILOH PENTECOSTAL FELLOWSHIP {BIRMINGHAMI LIMITED DEfAILED STATEMENT OF FINANCIAL A1VITIEs FOR THE YEAR ENDED 31 AUGUST 2022 2022 2021 Finance Brought forward Depreciation of tangible fixed assets Loss on sale of tangible fixed assets 23 107 911 61 926 1,018 Governan costs Accountancy and legal fee5 5.065 1,861 Total resources expended 25.160 23,588 Net income 7.213 9,145 This page does not form part of the statutory financial Statements Page 17