Registered number: 06943370 Charity number: 1136643 ## **GREAT COMMISSION MINISTRIES** **UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021** ## **Prepared By:** Swan Accounting Services Accounting & Business Consultancy 55 stphens Road London E15 3JJ ## **GREAT COMMISSION MINISTRIES** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** ## **TRUSTEES** Betty KUSASIRA ## **REGISTERED OFFICE** 102 Longbridge Road Barking Essex IG11 8SF ## **COMPANY NUMBER** 06943370 1136643 ## **CHARITY NUMBER** ## **ACCOUNTANTS** Swan Accounting Services Accounting & Business Consultancy 55 stphens Road London E15 3JJ page 1 ## **GREAT COMMISSION MINISTRIES** ## **ACCOUNTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2021** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Statement of Financial Activities|6| |Balance Sheet|7| |Notes to the Accounts|8 to 12| |Detailed Statement of Financial Activities|11| page 2 **GREAT COMMISSION MINISTRIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2021 TRUSTEES' REPORT** The trustees present their report and accounts for the year ended 31 December 2021 ## **PRINCIPAL ACTIVITIES** The principal activity of the charity in the year under review was Activities of religious organisations . ## **OBJECTS AND ACTIVITIES OF THE CHARITY** The Trustees are determined to fulfil the objectives of the Charity. > To expand and develop the ministry of Great Commission through Sunday worship services, ministries, youth and young adult ministries, prayer and ministry training, bible studies and small group meetings. > To train and send out ministers and evangelists to establish churches all over the world. > To minister to the congregation and the local community through family life, relationship and other ministry programmes - To establish social programmes to provide food, clothes and shelter for the needy and care for the sick. The main activities undertaken in relation to those purposes during the year. Our Ministry work GCM provided the following services to the community at large: - Legal and career counselling - Educational counselling and career guidance - Pre-marital and Post-marital counselling - Bereavement counselling and comforting - Bereavement counselling and comforting - Hospital and Prison visits - Welfare provision (Food bank) - Prayer support ## **THE MAIN ACTIVITIES UNDERTAKEN DURING THE YEAR TO FURTHER THE CHARITYS PURPOSE FOR THE PUBLIC BENEFIT** Outreach Ministry Review The church's activities are available to Christians and non-Christians, members and non-members alike; there is no restriction to attendance. The community have been attracted to and enjoyed our services including, weekly Sunday worship services at two London locations, Easter Conventions, Christmas and New Year's Eve watch night services. • page 3 ## **GREAT COMMISSION MINISTRIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2021 TRUSTEES' REPORT** As further evidence of our Public Benefit, the Charity was involved in Christian outreach programmes and Christian Ministry designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ Other activities undertaken in support of the above were: > Women's and men's meetings/events > Teenager's meetings/events > Young adults' meetings/events > Singles meetings/events > Sunday services > Sunday school The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. ## **THE CONTRIBUTION OF VOLUNTEERS DURING THE YEAR** Members of the charity who are professionals in their various field of work and study volunteered in different capacities during the year under review and their work has not been quantified. Incoming volunteers attend a full day induction programme. ## **THE MAIN ACHIEVEMENTS AND PERFORMANCE OF THE CHARITY DURING THE YEAR** > Despite the challenges presented in the past years, the charity managed to offer worship services virtually to it members > Outreach services was conducted virtually to support the members in the difficult times > Prayers were all the limes made for the members and the community at large to keep their spiritual life strong in the most challenging times > The church managed to keep and retain most of its members while many churches lost their members because of keeping churches locked from public worship ## **PUBLIC BENEFIT MINISTRY OUTREACH AND BENEFITS** > The church's activities are available to Christians and non-Christians, members and non-members alike; there is no restriction to attendance. The community have been attracted to and enjoyed our services including, weekly Sunday worship services at two London locations, Easter Conventions, Christmas and New Year's Eve watch night services. We add to the local economy > We are a local employer and use many local auxiliary services > We run a number of conventions and exhibitions that generate income for local businesses hotels, restaurants and shops > We develop productive local partnerships page 4 ## **GREAT COMMISSION MINISTRIES** ## **FOR THE YEAR ENDED 31 DECEMBER 2021 TRUSTEES' REPORT** > We have partnered with the police and organisations working to reduce youth crime in local communities. > We provide volunteering opportunities to local people to enhance their skills and gain experiences ## **STRUCTURE GOVERNANCE AND MANAGEMENT** GREAT COMMISSION MINISTRIES is registered as a charitable company limited by guarantee and was set up by a Trust deed. The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 18 October 2022 Betty KUSASIRA Trustee page 5 ## **GREAT COMMISSION MINISTRIES** ## **Statement of Financial Activities for the year ended 31 December 2021** |**Statement of Financial Activities**
**for the year ended 31 December 2021**|||| |---|---|---|---| |**Income**
Income from generated funds
Income from charitable activities
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Net Income**
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
**Net income for the year**
Total funds brought forward
**Net funds carried forward**|**Unrestrict**
**ed funds**
**£**
108,243
**108,243**
88,975
**88,975**
**19,268**
**19,268**
110,752
**130,020**|**Restricted**
**funds**
**£**
-
**-**
-
**-**
**-**
**-**
-
**-**|**2021**

**Total**
**£**
108,243| ||||**108,243**| ||||88,975| ||||**88,975**| ||||**19,268**| ||||**19,268**
110,752| ||||**130,020**| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities page 6 ## **GREAT COMMISSION MINISTRIES** ## **BALANCE SHEET AT 31 DECEMBER 2021** |**BALANCE SHEET AT 31 DECEMBER 2021**||| |---|---|---| |**Notes**
**FIXED ASSETS**
Tangible assets
4
**CURRENT ASSETS**
Cash at bank and in hand
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS: Amounts falling due after more than one year**
6
**NET ASSETS**
**CAPITAL AND RESERVES**
**Unrestricted funds**
**8**
General fund|25,637
25,637|**2021**
**£**
144,782
25,637| |||170,419
40,400| |||130,019| |||130,019| |||130,019| For the year ending 31 December 2021 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 Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ## **Approved by the board of trustees on 8 October 2022 and signed on their behalf by** ............................. Betty KUSASIRA Trustee page 7 ## **GREAT COMMISSION MINISTRIES** ## **NOTES TO THE ACCOUNTS** **FOR THE YEAR ENDED 31 DECEMBER 2021** ## **1. ACCOUNTING POLICIES** ## **1a. Basis Of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1c. Resources Expended** 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. ## **1d. Allocation And Apportionment Of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. ## **1f. Depreciation** Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. ## **1g. Turnover** Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. page 8 ## **GREAT COMMISSION MINISTRIES** ## **2. DIRECTORS AND EMPLOYEES** Particulars of employees (including directors) are shown below: |Employee costs during the year amounted to:
**3. EMPLOYEES**
Average number of employees
**4. TANGIBLE FIXED ASSETS**
**Cost**
At 1 January 2021
At 31 December 2021
**Depreciation**
At 31 December 2021
**Net Book Amounts**
At 31 December 2021
At 31 December 2020
**5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**2021**
**No.**
-
**Equipment**
**£**
144,782
144,782
-
144,782
144,782|**2021**
**£**
**No.**
**Total**
**£**
144,782| |---|---|---| |||144,782| |||-| |||144,782| |||144,782| |||**2021**
**£**| page 9 ## **GREAT COMMISSION MINISTRIES** ## **6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR** |**6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**|| |---|---| |Bank loans and overdrafts|**2021**
**£**
40,400| ||40,400| ## **7. LIMITED BY GUARANTEE** The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31 December 2021 there were members. ## **8. UNRESTRICTED FUNDS** General fund ## **9. RESTRICTED FUNDS** |**Brought**
**forward**
**£**
110,752|**Incoming**
**resource**
**s**
**£**
108,243|
**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**
(88,976)
-
(88,976)
-

**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**|**Carried**
**forward**
**£**
130,019
130,019
**Carried**
**forward**
**£**| |---|---|---|---| |110,752|108,243||| |**Brought**
**forward**
**£**|**Incoming**
**resource**
**s**
**£**||| page 10 ## **GREAT COMMISSION MINISTRIES** |**Incoming Resources**
**for the year ended 31 December 2021**
**Incoming resources**
**Incoming resources from generated funds**
**From Charitable Activities**
Tithe
Other Givings and Donations
Seed Donation
Offering|9,469
39,624
2,788
56,362|**2021**
**£**
108,243| |---|---|---| |||108,243| |||108,243| page 11 ## **GREAT COMMISSION MINISTRIES** |**Expenses**
**for the year ended 31 December 2021**
**Expenses**
**Costs of generating funds**
**Charitable Activities**
Travel
Event and Other Services
Insurance
Heat and light (gas & electric)
Rent
Cleaning
Repairs and renewals
Wages & Allownace
Equipment maintenance
Computer costs
Accountancy fees
Printing
Stationery & office supplies
Telephone
Interest on loans repayable within 5 years|**2021**
**£**
809
6,953
1,383
2,534
56,473
1,334
5,316
5,850
1,000
1,334
2,250
592
1,140
1,370
637| |---|---| ||88,975| ||| ||88,975| page 12