## **WEMBLEY CHRISTIAN FELLOWSHIP REPORT AND FINANCIAL STATEMENTS**
## **31 MARCH 2021**
**Registered Charity Number: 1139705**
WEMBLEY CHRISTIAN FELLOWSHIP
**INDEX TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** Pages LEGAL AND ADMINISTRATIVE INFORMATION 3 REPORT OF THE TRUSTEES 4 - 7 REPORT OF THE INDEPENDENT EXAMINER 8 STATEMENT OF FINANCIAL ACTIVITIES 9 BALANCE SHEET 10 CASH FLOW STATEMENT 11 NOTES TO THE FINANCIAL STATEMENTS 12 - 15
2
WEMBLEY CHRISTIAN FELLOWSHIP
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **Legal and administrative information**
Trustees: During the year At 31 MARCH 2021 Mr. J George Chairman Ms. L John Secretary Mr. J Mathew Treasurer Mr. S Kuriakose Mr. C Jacob Registered Office: Elmstead Avenue Preston Road Wembley HA9 8NS Charity Number: 1139705 Bankers: HSBC Bank Plc Wembley High Street London HA0 2DB Independent Examiner: Ejiogu Henry Anaele FCCA 27 Waverley Avenue Berrylands Surbiton KT5 9HD
3
WEMBLEY CHRISTIAN FELLOWSHIP
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **REPORT OF THE TRUSTEES**
The trustees are delighted to present their report and the unaudited accounts of the charity for the year ended 31[st] March 2021.
The financial statements comply with the charities act 2011, the Memorandum and Articles of Association, and 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 of Ireland (FRS 102) (effective! January 2015)
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Constitution**
Wembley Christian fellowship is registered with the Charity Commission. Its objects, powers, board and membership details are contained within the governing document.
## **Objects**
Wembley Christian Fellowship’s objects as set out in its governing documents are
1. The advancement of the Christian Faith in the United Kingdom and abroad by the proclamation of the Gospel of Jesus Christ and preaching the word of God in accordance with the statement of fundamental truths of Assemblies of God in Great Britain and Northern Ireland, as approved by the General council from time to time.
2. To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United kingdom or the world adhering to the Trustees discretion from time to time
3. To advance education in such ways and such parts of the United Kingdom or other parts of the world as the Trustees from time to time may think fit
4. Such other charitable purposes as shall further the attainment of the above objects of the church
## **Public Benefit**
We have set out in this report, the main activities undertaken by the organisation in order to carry out the charity’s aims for the public benefit as outlined by Wembley Christian Fellowship’s objects set out in its governing
4
## WEMBLEY CHRISTIAN FELLOWSHIP
document. In doing so, we have had due regards to the public benefit guidance published by the charity commission.
## **Management**
The Trustees manage the charity’s operations. The charity is governed by its constitution which contains rules and regulations, financial control procedures and the financial management procedure of the charity.
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **REPORT OF THE TRUSTEES CONTINUES**
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable Activities 2020-21**
- Sunday service Every Sunday, we organise and lead the community church service, which is one of the main activities of the organization. The objective of the Sunday Service is to come together for communal worship and to motivate the members of the congregation to build up their spiritual, moral and social life. We support people in prayer, counselling and emotional upliftment which reenergises and gives fresh positive energy to their life during tough times as these.
- Mission Field During this pandemic, we were able to support our missionaries and the 50 churches they lead in the rural parts of India to advance the Christian faith. We were able to help sustain their families during the extended lockdown periods. Currently, we also support one missionary in UK as well.
- Outstation Work We started the year with two outstation works, one in the City of Luton and the other one in Watford. Through these outstation projects, we have the opportunity to understand the need and vibe on the community and service them through our church service, and other charitable activities. Due to further developments over the course of the year, in the best interest of organisation, the current Watford outstation project has been released as an independent work.
- Helping Hand - Luton Since the beginning of the pandemic, most of the foreign students who have come to UK have been struggling to make ends meet due to lack of employment and tougher situations back in the native countries. Realising the dire predicament, the members of the Luton church were
5
WEMBLEY CHRISTIAN FELLOWSHIP
able to pool to gather and provide essential supplies to more than 70 students for over a period of more than six months (July 2020 to January 2021).
- Children Ministries The young generation is the future of the country and hence the spiritual, physical and mental wellbeing and overall growth of children is one of the main objectives of the charity. We planned and executed various programs targeted at the different age groups to engage with them effectively to understand and respond to their specific needs.
- Sunday School This is aimed for the ages between 3 to 18. Each age is divided into separate classes to give focused attention to the kids. A wellestablished syllabus is followed to impart Christian values and to root them in the Christian faith and to address their concerns in a very comfortable and safe environment. Our aim through this is to help nurture a strong, compassionate, and God-fearing generation for this country.
- Ignite: Vacation Bible school (VBS) This was a three-day camp, run during the summer school holidays to focused on the school going kids. The program was designed to communicate the Christian message in a fun filled and engaging environment. Each session was well planned to include games,
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **REPORT OF THE TRUSTEES CONTINUES**
activities, songs, and devotions to capture the attention of children and the youth alike. The aim of the VBS is to mould the children become good and God-fearing citizens of this country. Due to lock down restrictions, this event was conducted on the ZOOM platform. This was a very successful event and more than 500 children from across the country participated in the event.
- Kidz Klub
- Kids Klub is conducted once a week for kids between the age of 4 to 12 and is conducted by an external resource. However due the lockdown period when all the schools were shut, these sessions were held every day. It helped the children to keep in touch with their friends and this was a well-received event among the children and is extremely helpful for their spiritual and mental development.
- Youth Ministry
- This ministry targeted at the youths and young adults in the community. Several events, social gatherings and regular meetings were conducted to develop the talents and skills of the youths.
6
WEMBLEY CHRISTIAN FELLOWSHIP
- Women Ministry These gatherings help us to build personal relationships with members of our congregation and built a support network which among peers for support, prayers, and networking.
- Bells & Lights - Christmas event During the Christmas season, the church conducted a special program for the public which was aired through YouTube Facebook by key media partners in the community. It was well received and over 550 people viewed the program live. The program included carols and short Christmas message.
## Community support
The charity has extended its philanthropic help various members of the community in times of their dire needs as per the guidance of the trustee board. The support extended ranges from hospitality aid packs, hospital, and home visits to monetary aid to members of the society who are in extreme financial difficulty. We were able to aid a parent for his daughter’s marriage expense, help another family meet the funeral expenses and assist is completing the construction of a residence for another pastor. The church has been able to adopt the family of a missionary who had passed away. We have provided financial aid to over 40 Christian workers and musicians in India who have been struggling because of the pandemic. Church has also extended its help and monetary support for a mission group in Bihar, India to further their ministry in the rural parts of India.
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **REPORT OF THE TRUSTEES CONTINUES**
## **Financial Review**
The total income for this year was £159,674 and total expenditure £103,501, resulting in a surplus of £56,173. The income was 19% more than last year while charitable expenditure reduced by 30% from last year’s figure.
## **Future Development Plan**
7
## WEMBLEY CHRISTIAN FELLOWSHIP
In the next financial year, we are planning to extend our monthly support to another 25 additional missionaries and to open another outstation worksite in the United Kingdom. But our main aim will be to reach out to the people in our society via seasonal events, outreach programs and to make our presence known in the community so that anyone in need, help or support can confidently approach us without any fear or hesitance.
## **Conclusion**
We are thankful to the God Almighty for enabling us to do the work and trust in His providence to guide us in the years to come. We are appreciative of our trustees, church leaders for their prayerful support during this financial year and to our volunteers, friends and families who have been a continuous source of support and encouragement.
Signed on behalf of the trustees,
Pastor Jaise George
Chairman
20[th] May 2021
## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF WEMBLEY CHRISTIAN FELLOWSHIP**
I report on the accounts of Wembley Christian Fellowship for the year ended 31 March 2021 set out on pages 9 to 15.
## **Respective responsibilities of trustees and examiner**
The charity's trustees (who are also the directors of the company for purposes of company law) are responsible for the preparation of the accounts. The charity
8
## WEMBLEY CHRISTIAN FELLOWSHIP
trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 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 section 145 of the Charities Act
- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
- to state whether particular matters have come to my attention
## **Basis of independent examiner's statement**
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 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 faire 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 which gives me cause to believe that in any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ''true and fair view'' which is not a matter considered as part of independent examination.
- I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ejiogu Henry Anaele FCCA Date: 27 Waverley Avenue
Surbiton KT5 9HD
**INCOME AND EXPENDITURE ACCOUNT AND STATEMENT OF FINANCIAL ACTIVITIES**
9
WEMBLEY CHRISTIAN FELLOWSHIP
## **FOR THE YEAR ENDED 31 MARCH 2021**
|**…………………..**
**2021………………**
**Not**
**es**
**Unrestric**
**ted**
**Restric**
**ted**
**Incoming resources**
**£**
**£**
Voluntary Income
2
159,674
-
Other activities for
generating funds
-
-
Total incoming
resources
159,674
-
**Resources Expended**
Charitable activities
3
103,501
-
Total resources
expended
103,501
-
Net incoming/outgoing
resources before
transfers
56,173
-
Gross transfers
between funds
-
-
Net incoming
resources before other
recognised gains/losses
56,173
-
Reconciliation of Funds
Total funds brought
forward
62,067
-
Total fund carried
forward
118,240
-|**Total**
**£**
159,674
-
159,674
103,501
103,501
56,173
-
56,173
62,067
118,240|**2020**
**Total**
**£**
134,028
-
134,028|
|---|---|---|
|||147,918
147,918|
|||(13,890)
-
(13,890)
75,957
62,067|
All amounts relate to continuing activities
All recognised gains and losses are included in this statement
The notes on pages 12 to 15 form an integral part of these financial statements **.**
10
## WEMBLEY CHRISTIAN FELLOWSHIP
## **BALANCE SHEET AS AT MARCH 31, 2021**
|**Notes**
**Fixed assets**
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Total current assets
Less:
Creditors: amount falling due within
one year
Net current assets
Total assets less current liabilities
Creditors falling due after more
than one year
**Net assets**
**Funds**
**Restricted**
**Designated funds**
**Unrestricted funds**
**Total charity funds**|**2021**
**£**
-
-
-
118,540
118.540
(300)
118,240
118,240
-
118,240
-
-
118,240
118,240|**2020**
**£**
954
954
-
61,413
61,413|
|---|---|---|
|||(300)
61,113|
|||62,067
-
62,067|
|||-
-
62,067
62,067|
For the year ended 31 March 2021 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
"Directors' responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
- The trustees 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 and in accordance with FRS 102 and the Charities SORP (FRS 102). These financial statements set out on pages 9 to
11
## WEMBLEY CHRISTIAN FELLOWSHIP
15 were approved and authorised for issue by the Trustees on ………. and signed on their behalf by:
……………………………………… Mr. J George (Chairman)
……………………………………... Ms. L John (Secretary)
**CASH FLOW STATEMENT YEAR ENDED MARCH 31, 2021**
|||**2021**||**2020**||
|---|---|---|---|---|---|
||**£**||**£**|**£**|**£**|
|**Operating Activities**||||||
|Proft/(Loss) for the year|56,173|||(13,890)||
|Adjustment to reconcile net|-|||-||
|income/(loss)||||||
|Net cash provided by operating||56,173||(13,890)||
|activities||||||
|**Investing Activities**||||||
|Fixed Asset Addition for period|-|||-||
|Depreciation charge for period|954|||3,342||
|Net Cash provided by investing|||954|3,342||
|activities||||||
|Net Cash increase/(decrease) for||57,127||(10,547)||
|period||||||
|Cash at the beginning of period||61,413||71,961||
|Cash at end of period||118,540||61,413||
12
WEMBLEY CHRISTIAN FELLOWSHIP
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. Accounting Policies**
The principal accounting policies adopted, judgements and key sources of estimating uncertainty in the preparation of the financial statements are as follows:
## **Basis of preparation**
The charity constitutes a public benefit entity as defined by FRS 102. 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 of Ireland (FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Going concern**
The charity is dependent upon subscriptions, membership dues and freewill donations. While these sources of income are highly likely to continue for the foreseeable future, there is a risk that some will not be received promptly. Taking all factors into consideration the trustees have concluded that the charity remains a going concern.
## **Income**
Membership subscriptions, donations and fund-raising income are accounted for when received by the company/charity.
Other income is accounted for on an accruals basis as far as is prudent to do so. It is the charity's policy to show income before deduction of expenses except where otherwise stated.
## **Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **Fund accounting**
13
## WEMBLEY CHRISTIAN FELLOWSHIP
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects
## **Expenditure and irrecoverable VAT**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity heading:
- Expenditure on charitable activities includes the costs of delivering services & other activities together with their associated support costs
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. Accounting Policies (continued)**
## **Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2. Voluntary Income**
|**Unrestricted**
**Funds**
Gifts and donations
107,462
Missions
8,239
Gift Aid Refund
43,
935
Others
39
Total
**159,674**|**2021**
**£**
107,462
8,239
43,935
39
**159,674**|**2020**
**£**
102,789
17,225
-
14,014
**134,028**|
|---|---|---|
All income from donations and legacies was unrestricted (2020 - all unrestricted).
## **3. Analysis of expenditure on charitable activities**
|**Costs of**|**Charita**|**Governa**|**Total**|**Total**|
|---|---|---|---|---|
||**ble**|**nce**|||
|**generat**|**Activiti**|**costs**|**2021**|**2020**|
14
## WEMBLEY CHRISTIAN FELLOWSHIP
||**ing**|**es**||||
|---|---|---|---|---|---|
||**funds**|||||
||**£**|**£**|**£**|**£**|**£**|
|Welfare & Benevolent||||||
|expenses|-|83,407|-|83,407|115,99|
||||||7|
|Support Costs|-|20,094|-|20,094|31,9|
||||||21|
|Governance|-|-|-|-|-|
||**-**|**103,501**|**-**|**103,5**|**147,9**|
|||||**01**|**18**|
|**4. Analysis between**|**restricted and**|**unrestricted expenditure**||||
||**Costs of**|**Charita**|**Governa**|**Total**|**Total**|
|||**ble**|**nce**|||
||**generat**|**Activiti**|**costs**|**2021**|**2020**|
||**ing**|**es**||||
||**funds**|||||
||**£**|**£**|**£**|**£**|**£**|
|Restricted|-|-|-|-|-|
|Unrestricted|-|103,501|-|103,50|147,91|
|||||1|8|
||**-**|**103,501**|**-**|**103,5**|**147,9**|
|||||**01**|**18**|
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **5. Corporate taxation**
The charity is exempt from tax on income and gains falling within section 478 of the Corporation Tax Act 2010 to the extent that these are applied to its charitable objects.
## **6. Tangible Fixed Assets**
|
**2021**
**£**
**COST**
At beginning of the year
32,087
Additions for period
-|**Equipment**
**2020**
**£**
32,087
-|
|---|---|
15
## WEMBLEY CHRISTIAN FELLOWSHIP
|At end of year
32,087
**DEPRECIATION**
At beginning of the year
31,134
Depreciation for period
954
At end of year
32,087
**NET BOOK VALUE**
-
**7. Creditors – amounts falling due within one year**
**2021**
**£**
Tax and social security
Nil
Accruals and Other creditors
300
300
8. Analysis of charitable fund
Analysis of movement in unrestricted funds:
**Balan**
**ce**
**01.04.**
**20**
**Incomin**
**g**
**Resourc**
**es**
**Resourc**
**es**
**Expende**
**d**
**Transf**
**ers**
**To/fro**
**m**
**funds**
**Investm**
**ent**
**Gain/**
**(loss)**
**£**
**£**
**£**
**£**
**£**
General
Fund
62,067
159,674
(103,501)
-
-
Designated
Funds
-
-
-
-
-
62,067
159,674
(103,501)
-
-|32,087
27,792
3,342
27,792
4,296
**2020**
**£**
Nil
300
300
**Funds**
**31.03.2**
**1**
**£**
118,240
-
118,240|32,087|32,087|
|---|---|---|---|
|||27,792
3,342
27,792||
||||4,296|
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **9. Post balance sheet events**
The trustees were not aware of any post balance sheet events at the date of preparation of the 2021 financial statements and accordingly there are no related provisions.
## **10. Related party transactions**
The trustees are not aware of any related party transactions during the year.
## **11. Ultimate controlling party**
16
## WEMBLEY CHRISTIAN FELLOWSHIP
The charitable company and its activities are controlled by the board of trustees and any elected executives.
## **12. Operating Leases**
|**12. Operating Leases**|||
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|Land and buildings which|||
|expire:|||
|Within one year|8,000|8,000|
|Between 1 and 2 years|-|-|
The totals above represent the total future minimum lease payments under non-cancellable operating leases.
## **13 Staff Costs and Emoluments**
|Total staf costs were as follows:
Wages and salaries
Social security costs
Other pension costs|**2021**
**£**
38,514
-
1,858
**40,372**|**2020**
**£**
38,557
-
1,813
**40,370**|
|---|---|---|
|The average number of employees during the year, calculated|The average number of employees during the year, calculated|based on full-|
|---|---|---|
|time equivalent hours was as follows:|||
||**2021**|**2020**|
|Number of administrative staf|1|1|
|Number of management staf|1|1|
||**2**|**2**|
No employee received remuneration of more than £60,000 during the year (2020 – Nil)
17
WEMBLEY CHRISTIAN FELLOWSHIP
18