OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

REGISTERED CHARITY NUMBER: 1142422

Report of the Trustees and Unaudited Financial Statements for The Year Ended 31 March 2021 for BOURNEMOUTH INTERNATIONAL CHURCH

FURUICHOI AND CO

CHARTERED ACCOUNTANTS

69 Station Road, Hampton Middlesex, TW12 2BT

BOURNEMOUTH INTERNATIONAL CHURCH

Contents of the Financial Statements for the Year Ended 31 March 2021

Page
Charity Information 1
Report of the Trustees 2-3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7
Detailed Statement of Financial Activities 8

BOURNEMOUTH INTERNATIONAL CHURCH Charity Information

Trustees Mr John Bannister Mr Simon Li Mr Joshu Han Charity number 1142422 Registered office 9 Acorn House Christchurch BH23 2DP Accountants Furuichoi and Co Chartered Accountants 69 Station Road Hampton Greater London TW12 2BT

Page 1

BOURNEMOUTH INTERNATIONAL CHURCH

Report of the Trustees

for the Year Ended 31 March 2021

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

1. The ministry to the community

2. Overseas mission

3. The education to the public and the congregation

The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

Page 2

BOURNEMOUTH INTERNATIONAL CHURCH

Report of the Trustees

for the Year Ended 31 March 2021

Trustees

The trustees and officers serving during the year and since the year end were as follows: Mr John Bannister

Mr Simon Li Mr Joshu Han

Approved by the board of Trustees and signed on its behalf by

Mr Joshu Han 23/08/2021

Page 3

Independent Examiner's Report to the Trustees of BOURNEMOUTH INTERNATIONAL CHURCH

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity’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.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do 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.

Ali Raja (ACA) Furuichoi and Co Chartered Accountants 69 Station Road

Hampton Greater London TW12 2BT 23/08/2021

Page 4

BOURNEMOUTH INTERNATIONAL CHURCH

Statement of Financial Activities for the Year Ended 31 March 2021

Unrestricted Unrestricted
fund fund
£ £
Notes
INCOMING RESOURCES 2021 2020
Income from charitable activities 55,363 41,331
Expenditure on raising funds (4,102) (9,542)
Gross Profit 51,261 31,789
Administrative expenses (34,398) (26,608)
NET INCOME/ EXPENDITURE 16,863 5,182
RECONCILIATION OF FUNDS
Total funds brought forward 42,347 37,165
TOTAL FUNDS CARRIED FORWARD 59,210 42,347

Page 5

BOURNEMOUTH INTERNATIONAL CHURCH

Balance Sheet

As at 31 March 2021

Notes
CURRENT ASSETS
Cash at bank and in hand
Creditors: Amounts Falling Due Within
One Year
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
Income funds
TOTAL FUNDS		 £
£
59,510
59,510
(300)
59,210
59,210
59,210
59,210
59,210
2021		 £
£
59,510
59,510
(300)
59,210
59,210
59,210
59,210
59,210
2021		 £
£
42,347
42,347
-
42,347
42,347
42,347
42,347
42,347
2020		 £
£
42,347
42,347
-
42,347
42,347
42,347
42,347
42,347
2020
42,347
-
59,210 42,347
59,210 42,347
59,210 42,347
59,210 42,347

The financial statements were approved by the Board of Trustees on 23 August 2021 and were signed on its behalf by:

Trustee Dated

Page 6

BOURNEMOUTH INTERNATIONAL CHURCH

Notes to the Financial Statements for the Year Ended 31 March 2021

1. ACCOUNTING POLICIES

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

BOURNEMOUTH INTERNATIONAL CHURCH 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).

2. GOING CONCERN

The trustees consider that there are no material uncertainties about the Bournemouth International Church Charities’ ability to continue as a going concern. There are no material uncertainties affecting the current year’s accounts.

3. INCOMING RESOURCES

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Page 7

BOURNEMOUTH INTERNATIONAL CHURCH

Detailed Statement of Financial Activities for the Year Ended 31 March 2021

INCOMING RESOURCES

INCOMING RESOURCES
TURNOVER
Tithe
Thanks giving
Sunday offering
Special offering
Gift aid received
Cheques returned
Church building rent out
Chinese language school
Other income from previous years
Expenditure on raising funds
Sunday meal
Evangelism
Mission
Water & council tax
GROSS PROFIT
Administrative expenses
Manse expenses
Meetings
Caretaker
Sunday school
M&M, URC
Fire Guard services
Equipment
Church building maintenance
Accountancy
Insurance
Stationery
Pastor's pensions & allowance
Electricity & gas
Sundry expenses
OPERATING PROFIT OR (LOSS) FOR THE
FINANCIAL YEAR		 £
£
29,330
940
1,379
-
5,508
6,852
9,711
1,644
55,363
1,459
2,643
(4,102)
51,261
1,159
275
1,200
-
20,568
669
-
1,509
600
2,805
1,189
2,335
2,090
(34,398)
16,863
2021		 £
£
17,025
6,316
6,631
100
6,295
800
2,405
1,760
-
41,331
2,660
1,570
2,680
2,631
(9,542)
31,789
1,246
806
-
138
18,068
-
1,102
-
600
1,849
404
1,124
1,078
190
(26,608)
5,182
2020
41,331
(9,542)
1,159
275
1,200
-
20,568
669
-
1,509
600
2,805
1,189
2,335
2,090		 1,246
806
-
138
18,068
-
1,102
-
600
1,849
404
1,124
1,078
190
31,789
(26,608)
5,182

Page 8