Charity Number 1140847
THE WORD OF CHRIST CHURCH INTERNATIONAL
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st March 2023
STAN KELLY & CO Claverings Business Park 14 Centre Way London N9 0AH
THE WORD OF CHRIST CHURCH INTERNATIONAL
Charity number 1140847
Charity Information
Registered Address
10 Maryland Walk Popham Street London N1 8QZ
Trustees:
Mrs Millicent Baka Mr Matthew Kyeremateng Mr Eric Boakye Miss Vida Obeng-Yeboah Miss Sarah Adade
Bankers
Lloyds Bank Plc
Independent Examiner
Dr Emmanuel Oloke, FCCA Stan Kelly & Co Chartered Certified Accountants 14 Centre Way London N9 0AH
THE WORD OF CHRIST CHURCH INTERNATIONAL
Charity number 1140847
| Contents | Page |
|---|---|
| Examiner's Report | 1 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes on the Accounts | 5 |
| Supplementary Information- Incoming Resources | 6 |
| Supplementary Information- Resources Expended | 7 |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/members of
THE WORD OF CHRIST CHURCH INTERNATIONAL
On accounts for the year ended
31st March 2023 Charity no 1140847
Set out on pages
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended
31st March 2023
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
~~[The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [insert name of applicable listed body]].~~ ~~Delete [ ]~~ ~~if not applicable.~~
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) 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
Independent examiner's statement
-
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 an independent examination.
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 order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed:
Name:
Relevant professional qualification(s) or body (if any):
Address:
| 09/01/2024 | |
|---|---|
| Dr Emmanuel Oloke,FCCA | |
| The Association of Chartered Certified Accountants (ACCA) | |
| Stan Kelly& Co | |
| 14 Centre Way | |
| London N9 0AH |
Section B Disclosure
Give here brief details of any items that the examiner wishes to disclose.
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Charity number 1140847
THE WORD OF CHRIST CHURCH INTERNATIONAL
STATEMENT OF FINANCIAL ACTIVITIES Year Ended 31st March 2023
| Notes Incoming Resources Tithes and Offerings Harvests and pledges Donations Welfare Ministry Womens Ministry Other receipts Total Incoming Resources Resources Expended Direct Charitable Expenditure Management and Adminstration of the charity Total Resources Expended Net Incoming Resources for the Year and net movements in Funds Fund balance brought forward at 31st March 2023 Fund Balance Carried Forward at 31st March 2023 |
Unrestricted Fund £ 26,363 8,049 - - - 10 34,422 18,167 4,521 22,688 11,734 17,301 29,035 |
Restricted Fund £ - - - - - - - - |
Total 2023 £ 26,363 8,049 - - - 10 34,422 18,167 4,521 22,688 11,734 17,301 29,035 |
Total 2022 £ 14,597 250 7,835 - - 201 |
|---|---|---|---|---|
| 22,882 | ||||
| 23,022 5,542 |
||||
| 28,564 | ||||
| 5,682 - 22,983 |
||||
| 17,301 |
3
~~StanKelly~~
THE WORD OF CHRIST CHURCH INTERNATIONAL
Charity number 1140847
BALANCE SHEET as at 31st March 2023
| Note Fixed Assets 2 Current assets Debtors Cash at bank and in hand 3 Creditors: Amounts falling due within one year 4 Net Current Assets Creditors: Amounts falling due after more than one year 5 Total Net Assets The Funds of the Charity Unrestricted: Designated funds General funds |
2023 £ 274 - 38,953 39,227 360 - 38,867 9,832 - 29,035 29,035 29,035 |
2022 £ 886 - 26,184 |
|---|---|---|
| 27,070 | ||
| 360 - |
||
| 26,710 | ||
| 9,409 - |
||
| 17,301 | ||
| 17,301 | ||
| 17,301 |
The financial statements were approved by the trustees on 9 January 2024 and signed on its behalf by:
………………………………………………… Trustee
Mrs Millicent Baka
The notes on page 5 form part of these financial statements.
4
~~StanKelly~~
THE WORD OF CHRIST CHURCH INTERNATIONAL For the year ended 31st March 2023
Charity number 1140847
Notes on the Accounts
1. Accounting Policies
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a. The financial statements have been prepared under the historical cost convention and applicable accounting standards and in accordance with Statement of Recommended Practice - Accounting by Charities .
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b Depreciation is calculated to write off the costs of fixed assets over their useful lives at the following rates:
| Musical instruments | 25% |
|---|---|
| Furniture | 20% |
| Computer and media equipment | 25% |
-
c Incoming resources All incoming resources are included on the statement of financial activities when the charity is legally entitled to the income.
-
d 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.
2. Fixed Assets
| M Cost At 1 April 2022 Additions At 31 March 2023 Depreciation At 1 April 2022 Charge for the year At 31 March 2023 Net book value as at 31 31st March 2023 NBV At 1 April 2022 |
Computer and usical Instruments Furniture media equpiment Total £ £ £ 3,258 1,279 1,484 6,021 - - - - |
|---|---|
| 3,258 1,279 1,484 6,021 |
|
| 2,816 875 1,444 5,135 432 180 - 612 |
|
| 3,248 1,055 1,444 5,747 |
|
| 10 224 40 274 |
|
| 443 404 40 886 |
3. Bank and cash balance
Cash and Bank balance 3 38,953 38,953 Professional fees 4 360 360 Other creditors 5 -9832 -9832
4. Creditors: Amounts falling due within 1 year
5. Creditors: Amounts falling due after more than 1 year
5
~~StanKelly~~
THE WORD OF CHRIST CHURCH INTERNATIONAL Year Ended 31st March 2023
Supplementary Information
Incoming Resources
| 2023 Tithes and Offerings Harvests and pledges Donations Welfare Ministry Womens Ministry Other receipts Total £ £ £ £ £ £ £ Tithes and Offerings 26363 26,363 Harvests and pledges 8049 8,049 Donations 0 - Welfare Ministry 0 - Womens Ministry 0 - Other receipts 10 10 Total 26,363 8,049 - - - 10 34,422 |
2022 Total £ 14,597 250 7,835 - - 201 |
|---|---|
| 22,882 |
6
~~StanKelly~~
THE WORD OF CHRIST CHURCH INTERNATIONAL Year Ended 31st March 2023
Charity number 1140847
Supplementary Information
Resources Expended
| Resources Expended | |||
|---|---|---|---|
| Honorarium & Pastoral care Church outreach & Events Donations Branch activities Headquarters Aid Members Events Hall rental Welfare Womens Fellowship Travel expenses Light and heat Telephone and Internet Print, Post and Stationery Professional Fees Licences and insurance Depreciation Bookkeeping fees Subscription Sundry expenses Bank charges TOTAL |
Direct charity expenditure Management & Admin. £ £ 10,050 1,372 - 755 - 1,000 4,271 720 1,007 618 1,072 358 360 265 612 228 - - - 18,167 4,521 |
2023 Total £ 10,050 1,372 - 755 - 1,000 4,271 720 - 1,007 618 1,072 358 360 265 612 228 - - - 22,688 |
2021 Total £ 8,200 21 - 100 - 10,230 3,692 779 - 2,037 468 1,512 217 360 336 612 - - - - |
| 28,564 |
7
~~StanKelly~~
Charity Number 1140847
THE WORD OF CHRIST CHURCH INTERNATIONAL
Year Ended 31st March 2023
2 Tangible fixed assets
| Computer and | ||||
|---|---|---|---|---|
| Musical Instruments | Furniture | media equpiment | Total | |
| £ | £ | £ | ||
| Cost | ||||
| At 1 April 2022 | 3,258 | 1,279 | 1,484 | 6,021 |
| Additions | - | - | - | - |
| At 31 March 2023 | 3,258 | 1,279 | 1,484 | 6,021 |
| Depreciation | ||||
| At 1 April 2022 | 2,816 | 875 | 1,444 | 5,135 |
| Charge for the year | 432 | 180 | - | 612 |
| At 31 March 2023 | 3,248 | 1,055 | 1,444 | 5,747 |
| Net book value | 10 | 224 | 40 | 274 |
3 Cash at Bank Bakance
Treasurer's Account 33,018 Bus Bank Instant 5,935 38,953