**EBENEZER GOSPEL CENTRE**
REGISTERED COMPANY NO. 07251411 REGISTERED CHARITY NUMBER: 1144558
## EBENEZER GOSPEL CENTRE
## REPORT AND FINANCIAL STATEMENTS FOR
YEAR ENDED 31[ST] MAY 2022
J & T LEXINGTON SERVICES LIMITED 8 HOLME CLOSE, REDHILL GRANGE WELLINGBOROUGH NN9 5YF
## **EBENEZER GOSPEL CENTRE**
||**Page**|
|---|---|
|**CONTENTS**|**2**|
|**Reference and adminisrative details**|**3**|
|**Report of the Trustees**|**4-5**|
|**Independent Examiner’s report**|**6**|
|**Income and Expenditure Account**|**7**|
|**Balance Sheet**|**8**|
|**Notes to the Accounts**|**9-12**|
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**EBENEZER GOSPEL CENTRE**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company Number**
07251411
## **Registered Charity Number**
1144558
## **Registered Office**
2 ORCHARD HILL LITTLE BILLING NORTHAMPTON NN3 9AG
## **Trustees**
Daniel Mwirigi Joseph Kinuthia Bilha Waweru
## **Accountants**
J & T Lexington Services Limited 8 Holme Close Red Hill Grange Wellingborough NN9 5YF
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**EBENEZER GOSPEL CENTRE**
## **Report of the Trustees For the year ended 31 May 2022**
The Trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31[st] May 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **Structure, governance and management**
## **Governing document**
Ebenezer Gospel Centre is a charitable company limited by Guarantee. It is governed by its Memorandum and Articles of Association and was incorporated as a limited company on 12 May 2010. In the event of the company being wound up, members are required to contribute an amount not exceeding £1. It was registered as a charity on 7th November 2011.
## **Recruitment and appointment of new trustees**
The directors/trustees are elected at the Annual General Meeting.
## **Report of the Trustees**
## **For the year ended 31 May 2022**
## **Structure, governance and management Related parties**
All related party transactions have been disclosed elsewhere in the notes to the accounts.
## **Risk management**
The charity trustees have considered the major risks to which the charity is exposed and have reviewed those risks and established systems and procedures to manage those risks.
## **Objectives and activities**
## **The objects of the charity are:**
- To advance the Christian faith in Northamptonshire and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit
- To relieve people who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in Northamptonshire and in such other parts of the United Kingdom or as the trustees deem from time to time think fit
- To advance education in accordance with Christian principles in Northamptonshire and other parts of the United Kingdom or the world as the trustees may from time to time think fit
- To promote and fulfil such other charitable purposes beneficial to the community in Northamptonshire and in such other parts of the United Kingdom or as the trustees deem from time to time think fit
The principal activity of the charity continues to be that of worshipping God and furtherance of the Gospel of the Kingdom of God and general advancement of the Christian faith. Luke 4:43 "we must preach the kingdom of God to other cities also, because for this purpose we have been sent"
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**EBENEZER GOSPEL CENTRE**
## **Achievement and performance Charitable activities**
A wide variety of activities have been undertaken during the year in relation to the charities objects, including prayer meetings, events and conferences and bible studies.
## **Financial review**
## **Reserves policy**
The Trustees have considered the level of unrestricted funds that it is appropriate for the charity to maintain over the coming twelve months. It is not considered necessary to maintain a significant level of reserves, since the charitable company has no operating lease or loan commitments. The current level of reserves is therefore considered satisfactory.
## **Principal funding sources**
Incoming resources in the year were £153,736 (2021 £131,473). A surplus of £ 2,032 was made in the year (2021 surplus of £4,453).
## **On behalf of the board** :
## **Rev. Daniel M Mwirigi …......................… Trustee**
On …………………….2022
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**EBENEZER GOSPEL CENTRE**
## **Independent Examiner’s Report to the Trustees of Ebenezer Gospel Centre**
I report on the accounts for the year ended 31st May 2022 set out on pages four to nine
## **Respective responsibilities of trustees and examiner**
The trustees of the charity are responsible for the preparation of the accounts. The charity’s trustee consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
- ➢ Examine the accounts under section 145 of the 2011 Act.
- ➢ Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act) and
- ➢ To state whether particular matters have come to my attention.
## **Basis of Independent examiner’s report**
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 fair view` and the report is limited to those matters set out in the statements below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006;
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice and Reporting by Charities have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Teresa Kuria MAAT J & T Lexington Services Ltd 8 Holme Close. Redhill Grange. Wellingborough. NN9 5YF
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**EBENEZER GOSPEL CENTRE**
## **Statement of financial activities for the year ended 31[st] May 2022 Incorporating the Income and Expenditure Account**
|**Note**
**Incoming Resources**
Incoming resources from generated funds
Tithes & offerings
**2**
Gift Aid
Rental income
Interest received
**Total Incoming Resources**
**Resources expended**
**Charitable activities**
Rent & Rates
Transport expenses
Stationery
Gifts & Donations
Building repairs & Maintenance
Conferences & Events
Professional fees
Travel & Subsistence
Security
Insurance
Utility bills
Bank charges
Telephone & postage
Depreciation of fixed assets
Advertising
**Total resources expended**
Governance costs
**3**
Net incoming/ (outgoing) resources
**Balance carried forward at 31st May 2022**|**2022**
£
121,623
29,018
3,000
95
153,736
69,010
-
1,800
14,050
8,171
12,195
2,906
18,000
3,800
7,421
9,183
832
1,876
1,656
-
150,900
804
151,704
2,032
**2,032**|**2021**
£|
|---|---|---|
|||104,800
25,670
1,000
3|
|||131,473|
|||64,126
-
1,640
3,580
16,516
6,551
3,633
14,350
600
6,182
3,900
768
1,609
1,277
1,240|
|||125,972
1,048|
|||127,020|
|||4,453|
|||**4,453**|
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## **EBENEZER GOSPEL CENTRE**
## **Balance Sheet as at 31[st] May 2022**
|**Fixed assets**
Tangible fixed assets
**Current assets**
Debtors
Cash at bank and
in hand
Creditors - amounts falling due
within one year
**Net current assets/(liabilities)**
**Net assets**
Represented by:
**Funds of the charity**
Reserves
Net incoming resources
**Total funds**|**Note**
**4**
**5**
**6**|29,018
20,411
49,429
(804)|**2022**
£
13,861
48,625
**62,486**
60,454
2,032
**62,486**|**2021**
£|
|---|---|---|---|---|
|||||11,125
25,670
24,707
50,377
**(1,048)**|
||||||
|||||49,329|
|||||**60,454**|
|||||56,001
4,453|
|||||**60,454**|
The financial statements were approved by the Trustees on ……………2022 and signed on their behalf by:
## **Rev. Daniel M. Mwirigi …………………………….**
## **Trustee**
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**EBENEZER GOSPEL CENTRE**
## **Notes to the financial statements for the year ended 31[st] May 2022**
## **1. Accounting policies**
## **a) Accounting basis**
These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993 and the Statement of Recommended Practice on Accounting by Charities published in March 2008. The adoption of the revised SORP has resulted in reclassification of some items.
## **b) Incoming resources**
## **i) Voluntary income**
Voluntary income is received by way of Tithes offerings, donations and gifts and is included in full in the Statement of Financial Activities when receivable.
## **c) Resources expended**
All expenditure is accounted for on an accruals basis.
## **d) Fixed assets and depreciation**
Fixed assets are included at cost. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life using the reducing balance method. Rates used are 12% on Instruments.
## **Restricted and unrestricted funds**
Income received for restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds are those funds which represent grants and donations for a specific purpose. Upon full performance of the purpose of the grant, any surplus is then retrievable by the donor. Income generated for the objects of the charity without further specified purpose is allocated to unrestricted funds. Accumulated surpluses may be retained by the church and are expendable at the discretion of the trustees in furtherance of the church’s objects. There were no restricted funds during the year.
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**EBENEZER GOSPEL CENTRE**
Notes to the financial statements for the year ended 31[st] May 2022
## **1. Accounting policies (continued)**
## **e) Designated funds**
Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion. There were no designated funds during the year.
## **g) Irrecoverable VAT**
The church is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.
## **h) Cash Flow**
The church has taken advantage of the exemptions in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small church.
## **2. Incoming resources from generated funds**
|Tithes and offerings|**Unrestricted**
**£**
121,623
121,623|**Restricted**
**£**
-
-|**Total**
**funds 2022**
**£**|
|---|---|---|---|
||||121,623|
||||121,623|
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## **EBENEZER GOSPEL CENTRE**
Notes to the financial statements for the year ended 31[st] May 2022
## **3. Governance costs**
|Accountancy fees|**2022**
**£**
804
804|**2021**
**£**|
|---|---|---|
|||1,128|
|||1,128|
## **4. Tangible fixed assets**
|**Cost**
At 1stJune 2021
Additions
At 31stMay 2022
**Depreciation**
At 1stJune 2021
Charge
At 31stMay 2022
**Net book value 2022**
**Net book value 2021**|Furniture
& Fittings
4,985
150
5,135
1,396
243
1,639
**3,496**
**3,589**|Church
Instruments &
Equipments
**£**
14, 318
4,242
18,560
6,782
1,413
8,195
**10,365**
**7,536**|Total
**£**|
|---|---|---|---|
||||19, 303
4,392|
||||23,695|
||||8,178
1,656|
||||9,834|
||||**13,861**|
||||**11,125**|
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## **EBENEZER GOSPEL CENTRE**
Notes to the financial statements for the year ended 31[st] May 2022
|**5.**
**Debtors**
HMRC – Gift aid|**2022**
**£**
29,018
**29,018**|**2021**
**£**|
|---|---|---|
|||25,670|
|||**25,670**|
## **6. Creditors – amounts falling due within one year**
|Other creditors and accruals|**2022**
**£**
804
804|**2021**
**£**|
|---|---|---|
|||1,048|
|||1,048|
## **7. Financial commitments**
## **Capital Commitments**
The church had no capital commitments as at 31[st] May 2022.
## **Operating lease commitments**
The church had an operating lease commitments as at 31[st] May 2022.
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