PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
CHURCH INFORMATION
MEMBERS OF TRUSTEES CHAIRMAN/CHAIRPERSON REV . EDITH ADD0-YOBO SECRETARY RUTH ANDREW TREASURER JOYCE BARFFOE 49 GAINSBOROUGH ROAD REGISTERED OFFICE RAINHAM ESSEX RM 13 7DL CHARITY NO 1144691
AUDITORS/INDEPENDENT EXAMINER:
ASIAMAH & CO CHARTERED CERTIFIED ACCOUNTANTS AND REGISTERED AUDITORS UNIT 92 BATTERSEA BUSINESS CENTRE 99/109 LAVENDER HILL LONDON SW11 5QL
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
REPORT OF THE TRUSTEES
The trustees present their report with the accounts of the charity for the year ended 31st December 2020
PRINCIPAL ACTIVITY
The main objects of the charity are to provide advice, counselling and support for members ' training and education for the relief of poverty, the advancement of education and the provision of facilities for recreation and leisure time occupation in the interest of social welfare and with the object of improving the conditions of the said members and their children.
.
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PREBYTERIAN CHURCH OF GHANA CHRIST CONGREGATION INDEPENDENT EXAMINER'S REPORT
REPORT TO THE TRUSTEES/MEMBERS OF PRESBYTERIAN CHURCH OF GHANA; CHRIST CONGREGATION
We have examined the accounts on pages four to nine which have been prepared under the historical cost convention and the accounting polices set our on page six.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The Charities trustees are responsible for the preparation of the accounts. The charities trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
It is my responsibility to:
-
examine the accounts under section 43 of the 2011 Act,
-
to follow the procedures laid down in the general Directions
-
given by the Charity Commission
(under section 43(7)(b) of the 2011 Act, and
- to state whether particular matters have come to my attention. BASIS OF ENDEPENDENT EXAMINER'S STATEMENT
My examination was carried out in accordance with 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 the 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 statement below.
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 41 of the 2011 Act; and · to prepare accounts which accord with the accounting records and have not been met ; or comply with the accounting requirements of the 1993 Act
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ASIAMAH & CO
CHARTERED CERTIFIED ACCOUNTANTS K. ASIAMAH UNIT 92 BATTERSEA BUSINESS CENTRE 99-109 LAVENDER HILL LONDON SW11 1LJ
Date: 15th October 2021
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
STATEMENT OF FINANCIAL ACTIVITIES
for the year Ended 31st December 2020
| r Ended 31st December 2020 | 2020 | 2019 | ||
| Total | Total | |||
| Note | ||||
| Offertory | 12379 | 22545 | ||
| Tithes | 25957 | 18019 | ||
| Thanksgiving | 5998 | 6822 | ||
| Donation | 2836 | |||
| Harvest | 7516 | 30036 | ||
| Rental Income | 8852 | 0 | ||
| Good to give | 4757 | 3253 | ||
| Sundry Inome | 216 | 0 | ||
| Agomu | 3140 | 0 | ||
| English service | 0 | 468 | ||
| Carrlos Service | 0 | 943 | ||
| Revival | 0 | 785 | ||
| Youth Camp | 0 | 480 | ||
| Moderator | 0 | 671 | ||
| Property Levy | 0 | 51830 | ||
| Interest | 14 | 388 | ||
| Total Income | 68829 | 138609 | ||
| Total Income | 68828 | 138609 | ||
| Total Expenditure | 61705 | 107866 | ||
| Surplus | 7123 | 30743 | ||
| b/f | 171958 | 141405 | ||
| Adjustment | 33572 | -190 | ||
| Fund c/f 31/12/2020 | 212653 | 171958 |
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
BALANCE SHEET AS AT 31ST DECEMBER 2020
| Notes | 2020 | 2019 | ||
|---|---|---|---|---|
| Fixed Assets | ||||
| Freehold Property | 654333 | 654333 | ||
| CURRENT ASSETS | ||||
| Debtors/Prepayments | 2 | 500 | 816 | |
| OTHER DEBITS | 0 | 0 | ||
| Bank/Cash | 3 | 17901 | 43524 | |
| 18401 | 44340 | |||
| CREDITORS: | ||||
| Amount falling due within one year | 4 | 12212 | 13131 | |
| Net Current Asset/(Liabilities) | 6189 | 31209 | ||
| Amount falling due after one year | 5 | 447869 | 513584 | |
| Total Assets less Liabilities | 212653 | 171958 | ||
| FUNDS | ||||
| Unrestricted Funds | 212653 | 171958 | ||
| ………………… | ||||
| Signature | ||||
| Page 5 |
PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
1 ACCOUNTING POLICIES
1.1 Accounting Convention
The accounts have been prepared under the historical cost convention, and in accordance with SORP 2 Accounting for Charities.
Exemption has been taken from preparing a cash flow statement on the grounds that the charity is a small undertaking.
Incoming Resources
Incoming Resources represents offertory, pledges, donations, self-generated and investment income due in the year.
1.2 Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold Property | NIL |
|---|---|
| Motor Vehicle | 100% |
| Fixtures & Fittings | 100% |
| Computer Equipment | 100% |
| Office Equipment | 100% |
1.3 Pension Contribution
The church does not operate pension scheme.
1.4 Reserve Policy
The trustees has a free reserve policy whereby the free reserves of the church will be sufficient to continue the current activities should there be a significant fall in offertory levels
The reserve will need to be sufficient to sustain the church whilst alternate
funding is sought or other arrangements are made.
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| The notes form part of these accounts. 2 Debtors/Prepayments Debtors 3 Bank/Cash Current Account Reserve Petty Cash 4 Creditors: Amount falling due within One year Accruals Singing Band Men Fellowship YAF Ebenezer Choir Women Fellowship 5 Creditors Amount falling due after 1 Year Mortgage Loan Soft Lon Total Assets less Liabiities |
2020 500 10264 7591 47 18401 1100 3210 50 1879 0 3100 2873 12212 381455 102800 484255 212653 212653 |
2019 816 17852 25577 95 44340 1100 2985 129 1929 102 2971 3537 12752 387615 125501 |
|---|---|---|
| 513116 171958 171958 |
| 2020 | 2019 | ||
|---|---|---|---|
| Unrestricted funds | Total | ||
| B/f funds 01/01/2020 | 171958 | 171958 | 141405 |
| Surplusfor the year | 7123.32 | 7123 | 30743 |
| Adjustment | 3572 | 3572 | -190 |
| Transfer soft Loan | 30000 | 30000 | 0 |
| 212653 | 212653 | 172148 |
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
| 2020 | 2019 | ||
|---|---|---|---|
| INCOME | £ | £ | |
| Offertory | 12379 | 22545 | |
| Tithes | 25957 | 18019 | |
| Thanks giving/Donation | 5998 | 9658 | |
| Harvest | 7516 | 30036 | |
| Rental Income | 8852 | 0 | |
| Good to Give Gift aid | 4757 | 3253 | |
| Sundry | 216 | 2208 | |
| Moderator Ambulance | 0 | 671 | |
| Property Levy | 0 | 51830 | |
| Interest | 14 | 388 | |
| Agomu | 3140 | 0 | |
| 68829 | 138609 | ||
| Page 8 |
PRESBYTERIAN CHURCH OF GHANA - CHRIST CONGREGATION Notes to the Accounts for the year ended 31st December 2020
| PRESBYTERIAN CHURCH OF GHANA - CHRIST CONGREGATION Notes to the Accounts for the year ended 31st December 2020 |
|
|---|---|
| 2020 COST OF ACTIVITIES £ EXPENDITURE Catechist 1900 Priest Allowance 4070 Youth Camp Expenses 0 Church Items 4845 Rent of Church Hall 0 Donations 4476 Welfare 1000 Light & Heat 866 Alarm Installation 630 Miscellaneous 695 Refreshment 647 Harvest Expenses 0 Pulpit Expenses 510 valuation fees 0 Garcia Architect stac 0 Property Repairs& renewals 0 Speakers/TV 2251 Building Renovation 11114 Organist 800 Interest (mortgage) 16518 Training 0 Transport/Travel 0 Telephone 120 Printing/Postage/Stationery 946 Insurance 859 Audit & accountancy fees 1100 Solicitors 0 chairs 455 Web site & Software 150 Retreat 38 Argomu Project 2000 PCG District Assessment 5717 61705 Page 9 |
2019 £ 2250 2000 1440 0 7522 4206 400 223 898 0 1638 500 1601 2985 2729 3197 11724 45871 2400 0 100 600 183 148 865 1100 1000 4238 50 0 0 8000 107867 |