2021-12-31-accounts - Jesus Arena Trust

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

Golden Arena Trust: Report of the Trustees for the year ended 31 December 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

Golden Arena Trust is a charitable company limited by guarantee incorporated on 23rd June 2011 and registered as a charity on 21st July 2011. The Company was established under a Memorandum of Association which established the objects and powers of the charitable company is governed under is its Articles of Association.

Organisational Structure and Decision Making

The Trustees meet regularly to manage the affairs of the Charity. The Minister in charge has the delegated authority for day-to-day decision based on the vision set by trustees and the church Administrator oversees the operational running of the church.

Objectives and Activities

The charity's objects are specifically restricted to establishing and running a church; maintaining the advancement of Christian faith; relieving sickness and financial hardship through provision of counselling and support; advancing education in parts of the United Kingdom and the world as trustees think fit.

The general charitable purpose of The Redeemed Christian Church of God, Golden Arena Trust are:

Education and training
The prevention or relief of poverty
Provision of overseas aid and famine relief
Religious activities

Strategies for Achieving Objectives

The main activities of the church are as follows:

Sunday service
Sunday School for all ages of children
Weekly Bible Study
House Fellowship at various centres in the community
Organising religious and social meetings in order to support members and for community benefit
Raising Funds through members - externally and internally

Connected Charities

The Church is a member of the Redeemed Christian Church of God (RCCG) which has parishes all over the world. The Parish's relationship with RCCG and other parishes is governed by an "Agreement for Common Purposes".

Appointment of Trustees

Trustees are appointed on the basis of their individual skills and experiences, the position and need Golden Arena Trust (GAT) has which they are able to fill or contribute to by their commitment to GAT and its vision, ethos, aims and objectives. They are met by all existing board members who will then agree and vote on the new appointment.

Trustee Induction and Training

Newly appointed trustees are briefed on the company's Memorandum and Articles of Association and given an overview of the company's recent financial performance. The functions of the board and its decision-making processes are also explained as are their individual roles, responsibilities and legal obligations under both charity and company law.

Trustees are also encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

Public Benefit Statement

In determining how best to pursue the charity's objects the trustees have had regards to the Charity Commission's guidance on public benefit and are involved in Christian Outreach Programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ.

Review of Activities

The Trustees are pleased with the result of the financial year under review and anticipate a better outing in the coming year.

Community Initiatives in 2021 - giving back to the community Some of these initiatives include:

• Food bank .

The Food Bank project of the church progressed further in 2021. In association with local supermarkets, a weekly foodbank was set up through the year where food items and other essentials were made available to the homeless and vulnerable members of the community.

Risk Management

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. We continue to assess, review, monitor and plan for all risk which the organisation may face, now or in the future and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

Reserve Policy

The organisation maintains sufficient cash reserves to always cover its liabilities and commitments. GAT’S reserve policy aims to ensure that the organisation can maximise the value of its net income without incurring unnecessary risk. The general reserves provide a level of protection to GAT to mitigate against changing financial circumstances, such as downturn in income or unscheduled additional expenditure. The policy is reviewed in a strategic context annually, aiming at establishing an appropriate level of general reserves to meet potential short- to medium-term needs.

Future Developments

The church will continue to explore various ways of spreading the gospel of Jesus Christ in an effective manner. The Charity is also looking to make itself more visible in the area of more relevance in the Borough.

This report was approved by the board of trustees on: 28/10/2022

Ranti Orioke

GOLDEN ARENA TRUST	GOLDEN ARENA TRUST	CharityNo	1142994	1142994
		CompanyNo	7680806
Annualaccountsforthe period
Period start date	01/01/2021	To	Period end date	31/12/2021

Section A Statement of financial activities (including summary income and expenditure account)

Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03	Total funds Prior year funds £ £ F04 F05	Total funds Prior year funds £ £ F04 F05
156,169	-	-	156,169	116,272
-	-	-	-	-
-	-	-	-	-
-	-	-	-	352
-	-	-	-	2,723
-	-	-	-	-
156,169	-	-	156,169	119,347

-	-	-	-	-
110,048	-	-	110,048	127,872

-	-	-	-	-
110,048	-	-	110,048	127,872

46,121	-	-	46,121	8,525 -
-	-	-	-	-
46,121	-	-	46,121	8,525 -
-	-	-	-	-
46,121	-	-	46,121	8,525 -
-	-	-	-
-	-	-	-	-

-	-	-	-	-
-	-	-	-	-
46,121	-	-	46,121	8,525 -

348,487	-	-	348,487	357,013
394,608	-	-	394,608 P	rior Year Erro

GOLDEN ARENA TRUST Charity No 1142994 Company No 7680806

Section B Balance sheet

Unrestricted funds £ F01	Restricted income funds £ F02	Endowment funds Total this year £ £ F03 F04	Endowment funds Total this year £ £ F03 F04	Total last year £ F05
-	-	-	-	-
10,582	-	-	10,582	3,630
-	-	-	-	-
-	-	-	-	-
10,582	-	-	10,582	3,630

-	-	-	-	-
17,505	-	-	17,505	17,520
-	-	-	-	-
367,336	-	-	367,336	326,252
384,841	-	-	384,841	343,772

815	-	-	815	1,085 -

384,026	-	-	384,026	344,857

394,608	-	-	394,608	348,487

-	-	-	-	-
-	-	-	-	-

394,608	-	-	394,608	348,487

-			-	-
	-		-	-
394,608		-	394,608	348,487
			-

394,608	-	-	394,608	348,487

The company was entitled to exemption from audit under s477 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 Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signature of director authenticating accounts being sent to Companies House Signed by one or two trustees/directors on behalf of all the trustees/directors	Print Name	Date of approval dd/mm/yyyy
	Rev. Ranti Orioke	17/10/2022


	Signature	Date dd/mm/yyyy
		17/10/2022
	Rev. Ranti Orioke	Print name

CC17a (Excel)

17/10/2022

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities
• and with*  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
and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern;

Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in

note { }.

note { }.
Yes No		* -Tick as appropriate

Please disclose:

(i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes No		* -Tick as appropriate

*Please disclose*	:
*(i) the nature of*	*any chan*	*ges;*
*(ii) the effect of* *assets and liabi*	*the chan* *lities for t*	*ge on income and expense or* *he current period; and*
*(iii) where pract* *more future per*	*icable, th* *iods.*	*e effect of the change in one or*

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).

Yes No		* -Tick as appropriate

Please disclose:

(i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

Please provide a description of the nature of each change No changes made. in accounting policy

Reconciliation of funds per previous GAAP to funds determined under FRS 102

Start of End of period period £ £ Fund balances as previously stated Adjustments:

Fund balance as restated

Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102

End of £ Net income/(expenditure) as previously stated Adjustments:

Previous period net income/(expenditure) as restated

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (cont)

Note 2 Accounting policies

Yes No N/a*	Yes No N/a*	Yes No N/a*
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£500
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CC17 FRS 102 SORP

17/10/2022

Section C Notes to the accounts (cont)

Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Donations and gifts 136,103- -136,103 107,190 Gift Aid 20,033- -20,033 9,082 Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donatedgoods,facilities and services - - - - - Other - - - - - Total 156,136 - - 156,136 116,272 - - - - - - - - - - - - - - - Other - - - - - Total - - - - - - - - - - - - - - - - - - - - Other - - - - - Total - - - - - Interest income 33- -33 352 Dividendincome - - - - - Rentalandleasingincome - - - - - Other - - - - - Total 33 - -33 352 - - - - - - - - - - - - - - - - - - - - Total - - - - - Conversion of endowment funds into income - - - - - Gain on disposal of a tangible fixed asset held forcharity's ownuse - - - - - Gain on disposal of a programme related investment - - - - - Royalties from the exploitation of intellectual propertyrights - - - - - Other - - - - - Total - - - - - 156,169- - 156,169116,624 Other information: Charitable activities: Separate material item of income Other: Income from investments: Other trading activities: TOTAL INCOME Note 3 Income Analysis of income Donations and legacies:	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Income Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Income Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Income Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Income Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Income Analysis of income	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Income Analysis of income
	Donations and gifts	136,103	-	-	136,103	107,190
	Gift Aid	20,033	-	-	20,033	9,082
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donatedgoods,facilities and services	-	-	-	-	-
	Other	-	-	-	-	-
	Total	156,136	-	-	156,136	116,272

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

	Interest income	33	-	-	33	352
	Dividendincome	-	-	-	-	-
	Rentalandleasingincome	-	-	-	-	-
	Other	-	-	-	-	-
	Total	33	-	-	33	352

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-

	Conversion of endowment funds into income	-	-	-	-	-
	Gain on disposal of a tangible fixed asset held forcharity's ownuse	-	-	-	-	-
	Gain on disposal of a programme related investment	-	-	-	-	-
	Royalties from the exploitation of intellectual propertyrights	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

		156,169	-	-	156,169	116,624

All income in the prior year was unrestricted except for: (please provide description and amounts)
Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.


Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

CC17a (Excel)

17/10/2022

Section C	Notes to the ac	counts (cont)	counts (cont)	counts (cont)	counts (cont)	counts (cont)
Fundraising agents Operating charity shops Analysis of expenditure on charitable activities Separate material item of expense Total Advertising, marketing, direct mail and publicity Note 6 Expenditure Start up costs incurred in generating new source of future income Rent collection, property repairs and maintenance charges Operating membership schemes and social lotteries Staging fundraising events Database development costs Other trading activities Analysis of expenditure Expenditure on raising funds: Incurred seeking legacies Portfolio management costs Investment management costs: Incurred seeking donations Total expenditure on raising funds Operating a trading company undertaking non-charitable trading activity Cost of obtaining investment advice Incurred seeking grants Total other expenditure Investment administration costs Intellectual property licencing costs Other information: TOTAL EXPENDITURE Other Evangelical & Outreach Church Adminstration Total expenditure on charitable activities Welfare & Administration Expenditure on charitable activities Pastoral & Guest ministers allowances	Expenditure Analysis of expenditure	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £
	Incurred seeking donations	-	-	-	-	-
	Incurred seeking legacies	-	-	-	-	-
	Incurred seeking grants
	Operating membership schemes and social lotteries
	Staging fundraising events
	Fundraising agents
	Operating charity shops
	Operating a trading company undertaking non-charitable trading activity
	Advertising, marketing, direct mail and publicity	-	-	-	-	-
	Start up costs incurred in generating new source of future income	-	-	-	-	-
	Database development costs	-	-	-	-	-
	Other trading activities
	Investment management costs:	-	-	-	-
	Portfolio management costs	-	-	-	-	-
	Cost of obtaining investment advice	-	-	-	-	-
	Investment administration costs	-	-	-	-	-
	Intellectual property licencing costs	-	-	-	-	-
	Rent collection, property repairs and maintenance charges	-	-	-	-	-
		-	-	-	-	-
	Total expenditure on raising funds	-	-	-	-	-

	Pastoral & Guest ministers allowances	25,962	-	-	25,962	25,200
	Welfare & Administration	4,523	-	-	4,523	3,344
	Evangelical & Outreach	8,554	-	-	8,554	5,625
	Church Adminstration	71,009	-	-	71,009	93,703
	Total expenditure on charitable activities	110,048	-	-	110,048	127,872

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total other expenditure	-	-	-	-	-

		110,048	-	-	110,048	127,872

Activity or programme	ertaken directly	Grant funding of activities	Support Costs	Total this year	*Total* *prior year*
	£	£	£	£	£
Activity 1 Activity2

Other
Total

Prior year expenditure on charitable activities can be analysed as follows:

Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)

Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

CC17a (Excel)

17/10/2022

Section C Notes to the accounts

Note 10 Details of certain types of expenditure

Note 10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Note 10.1 Fees for examination of the accounts *Please provide details of the amount paid for any statutory external scrutiny of* *accounts and other services provided by your independent examiner. If nothing* *was paid please enter '0' in the appropriate box(es).*
Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than independent examination	This year £	Last year £
	0	0


	0	0

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (cont)

Note 11 Paid employees

Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)

Social security costs Other employee benefits Total staff costs Pension costs (defined contribution pension plan) Salaries and wages 11.1 Staff Costs
	This year £	Last year £
	12,019	14,510
	-	-

	-	-
	12,019	14,510

Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.

No employees received employee benefits (excluding employer TRUE pension costs) for the reporting period of more than £60,000 Band Number of employees £60,000 to £69,999 £70,000 to £79,999 £80,000 to £89,999 £90,000 to £99,999 £100,000 to £109,999 Please provide the total amount paid to £9,960 key management personnel (includes trustees and senior management) for their services to the charity. For specific amounts paid to trustees, see Note 28.

	This year Number	Last year Number
Fundraising	-	-
Charitable Activities	1	1
Governance	1	1
Other	-	-
Total	2	2

11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.

Please explain the nature of the payment

Please state the legal authority or reason for making the payment Please state the amount of the payment (or value of any waiver of a right to an asset)

11.4 Redundancy payments

Please complete if any redundancy or termination payment is made in the period.

Total amount of payment

The nature of the payment (cash, asset etc.)

The extent of redundancy funding at the balance sheet date Please state the accounting policy for any redundancy or termination payments

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (con

Note 14 Tangible fixed assets

Please complete this note if the charity has any tangible fixed assets

n	n	Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ 92,692 23,312 116,004 10,267 - 10,267 - - - - - - - - - 102,959 23,312 126,271	Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ 92,692 23,312 116,004 10,267 - 10,267 - - - - - - - - - 102,959 23,312 126,271	Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ 92,692 23,312 116,004 10,267 - 10,267 - - - - - - - - - 102,959 23,312 126,271	Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ 92,692 23,312 116,004 10,267 - 10,267 - - - - - - - - - 102,959 23,312 126,271
Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
-	-	92,692	23,312	116,004
-	-	10,267	-	10,267
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
-	-	102,959	23,312	126,271
d impairments
SL or RB	SL or RB	SL	SL	SL	Straight Line ("SL") or Reducing Balance ("RB")
		20%	20%
		88,386 23,312 111,698 - - - 3,991 - 3,991 - - - - - - 92,377 23,312 115,689 4,306 - 4,306 10,582 - 10,582
-	-	88,386	23,312	111,698
-	-	-	-	-
-	-	3,991	-	3,991
-	-	-	-	-
-	-	-	-	-
-	-	92,377	23,312	115,689

-	-	4,306	-	4,306
-	-	10,582	-	10,582

14.5 Revaluation If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation the name of independent valuer, if applicable the methods applied and significant assumptions the carrying amount that would have been recognised had the assets been carried under the cost model.

14.6 Other disclosures (i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.

The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1 Analysis of debtors

19.1 Analysis of debtors
Total Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	-	-
	17,505.0	17,520.0
	17,505.0	17,520.0

Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)

Total Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Amounts falling due within oneyear	Amounts falling due within oneyear	Amounts falling due after more than oneyear	Amounts falling due after more than oneyear
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
815	774	-	-
-	- 1,859	-	-
815	- 1,085	-	-

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

*Movement in deferred income account* Amounts released to income from previous periods Balance at the end of the reporting period Amounts added in current period Balance at the start of the reporting period	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (cont)

Note 24 Cash at bank and in hand

Other Short term deposits Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date)	This year £	Last year £
	-	-
	-	-
	367,336	326,252
	-	-
	367,336	326,252

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (cont)

Note 27 Charity funds

27.1 Details of material funds held and movements during the CURRENT reporting period

Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.

* Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

Fund names	Type PE, EE R or UR *	Purpose and Restrictions	Fund balances brought forward £	Income £	Expenditure £	Transfers £	Gains and losses £	Fund balances carried forward £
MembersFunds	UR		348,488	156,169	- 110,048	-	-	394,609
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
			-	-	-	-	-	-
*Other funds (balancing* *figure)*	N/a	N/a	-	-	-	-	-	-
Total Funds as per balance sheet			348,488	156,169	- 110,048	-	-	394,609
Fund balances carried forward include assets and liabilities denominated in a foreign currency				Yes No 
					

If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).

CC17a (Excel)

17/10/2022

Section C Notes to the accounts (cont)

Note 28 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

FALSE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value	Amounts paid or benefit value
	This year					Last year £
	Remuneration	Pension contribution	Redundancy (including loss of office)/ex gratia	Other	TOTAL
	£	£	£	£	£
Rev. Ranti Orioke	9960	0			9960	9960



*Please give details of why remuneration or other* *employment benefits were paid.* *State the number of trustees to whom retirement benefits* *are accruing under a defined contribution pension* *scheme.* *Where an ex gratia payment has been made to a trustee,* *provide an explanation of the nature of the payment.* *If a third party has been reimbursed for providing one or* *more trustees, state the nature of the payment and* *amount of the reimbursement.*
	Trustee works full time for the Charity

28.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

No trustee expenses have been incurred (True or False)

Type of expenses reimbursed	This year	Last year
	£	£
Travel
Subsistence
Accommodation
Other (please specify):

CC17a (Excel)

17/10/2022

TOTAL

Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

28.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

There have been no related party transactions in the reporting period (True or False)

Amount	Balance at period end	Provision for bad debts at period end	Amounts written off during reporting period
£	£	£	£

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.

For any related party, please provide details of any guarantees given or received.

CC17a (Excel)

17/10/2022