PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
CHURCH INFORMATION
MEMBERS OF THE TRUSTEES
CHAIRMAN/CHAIRPERSON REV . EDITH ADD0-YOBO SENIOR PREBYTER JOYCE BARFFOE TREASURER RUTH ANDREW MEMBER SAMUEL AMOAKO-ADOFO MEMBER EMELIA FIANKO 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 2022
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.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The charity trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accounting Practice.)
Laws applicable to charities in England and Wales require the Trustees
to prepare financial statements for each financial year which gives a true and fair view of the charity and of the incoming resources and application of resources
of the charity for that year. In preparing these financial statements, the trustees are required to:
< select suitable accounting policies and then apply them consistently;
< observe the methods and principles in the Charity SORP;
< Make judgements and estimates that are reasonable and prudent;
< state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
< Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to
enable them to ensure that the financials statements comply with the Charities Act 2011, and the charities (Accounts and Reports) Regulations 2008.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees for the purposes of charity law who served during the year and up to the date of this report are set out on page 1
ON BEHALF OF THE TRUSTEES ON THE 30TH JUNE 2023
……………………….. Signature
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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 BUS. CENTRE,LONDON SW11 5QL Date: 15th JULY 2023
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
STATEMENT OF FINANCIAL ACTIVITIES
| for the year Ended 31st December 2022 Offertory Tithes Thanksgiving/donation Children Service Harvest Rental Income Good to give Agomu Anniversary Property Levy PCG SLD - Sunday Cloth Interest Kindergarten Seaside Sundry Income Total Income 119523 Total Income Total Expenditure Surplus b/f Adjustment Fund c/f 31/12/2022 |
2022 2021 Total Total 20349 13561 34696 27732 13583 6343 704 244 31112 10162 0 7319 2288 697 3240 4029 0 10923 0 60 0 77 875 0 4 0 11000 0 1625 0 48 1000 119523 82147 119523 82147 71536 56816 47988 25331 202399 212653 100 -35585 250487 202399 |
|---|---|
The notes form part of these accounts.
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
BALANCE SHEET AS AT 31ST DECEMBER 2022
| Fixed Assets Freehold Property CURRENT ASSETS Debtors/Prepayments Bank/Cash CREDITORS: Amount falling due within one year Net Current Asset/(Liabilities) Amount falling due after one year Total Assets less Current Liabilities FUNDS Unrestricted Funds ………………… Signature DATE: 30TH JUNE 2023 |
Notes 2 3 4 |
2022 2021 654333 654333 500 500 14577 11316 15077 11816 18247 12072 -3170 -256 400677 451678 250487 202399 250487 202399 Page 5 |
2021 654333 500 11316 11816 12072 -256 451678 |
|---|---|---|---|
| 202399 202399 |
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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| 2022 | 2021 | ||
|---|---|---|---|
| 1 | Freehold Property | 654333 | 654333 |
| 2 | Debtors | 500 | 500 |
| 500 | 500 | ||
| Current Account | 12487 | 9152 | |
| Reserve | 2087 | 2091 | |
| Petty Cash | 3 | 72 | |
| 14577 | 11316 | ||
| Creditors: Amount falling due within 1 year | |||
| Accruals | 1100 | 1100 | |
| Singing Band | 3015 | 3255 | |
| Men's Fellowship | 1190 | 350 | |
| YAF | 2059 | 2019 | |
| Ebenezer | 5000 | 0 | |
| YPG | 128 | 0 | |
| Choir | 2215 | 2575 | |
| Women's Fellowship | 3540 | 2773 | |
| 18247 | 12072 | ||
| Creditors Amount falling due after 1 Year | |||
| Mortgage Loan | 354177 | 367678 | |
| Soft Lon | 46500 | 84000 | |
| 400677 | 451678 | ||
| 2022 | 2021 | ||
| UnrestricteTotal | |||
| B/f funds 01/01/2021 | 202399 | 212653 | |
| Surplus for the year | 47988 | 25331 | |
| Adjustment | 100 | -35585 | |
| C/F funds a | 250487 | 202399 |
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
| 2022 | 2021 | |
|---|---|---|
| INCOME | ||
| Offertory | 20349 | 13561 |
| Tithes | 34696 | 27732 |
| Thanks giving/Donation | 13583 | 6343 |
| Harvest | 31112 | 10162 |
| PCG South service | 0 | 77 |
| Good to Give Gift aid | 2288 | 697 |
| Sundry cloth | 875 | 1000 |
| Kindergarten | 11000 | 7319 |
| Miscellaneous | 48 | 0 |
| Children service | 704 | 244 |
| Interest | 4 | 0 |
| Anniversary | 0 | 10923 |
| Seaside | 1625 | 0 |
| Property Levy | 0 | 60 |
| Agomu | 3240 | 4029 |
| 119523 | 82147 |
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PRESBYTERIAN CHURCH OF GHANA - CHRIST CONGREGATION Notes to the Accounts for the year ended 31st December 2022
| PRESBYTERIAN CHURCH OF GHANA - CHRIST CONGREGATION Notes to the Accounts for the year ended 31st December 2022 |
|||
|---|---|---|---|
| COST OF ACTIVITIES EXPENDITURE Catechist Priest Allowance Church Items Donations Welfare Light & Heat Miscellaneous Homeless Hot Meal Refreshment Harvest Expenses Pulpit Expenses Bank Charges Property Repairs& renewals Building Expenses Organist m support manse Building Expenses Interest (mortgage) Transport/Travel Anniversary Telephone Printing/Postage/Stationery Insurance Audit & accountancy fees Web site & Software Agomu Project PCG District Assessment Media Microsoft Xmas decor M&Evang. Training PAGE9 |
2022 £ 0 6350 1176 7472 0 3240 1189 0 842 3168 600 1144 391 0 0 0 705 4397 17757 3310 0 1518 0 965 1100 140 2780 4851 2582 0 0 0 400 66078 |
2021 £ 1500 6000 0 2175 2350 1170 767 165 0 207 611 350 0 128 277 50 0 0 15945 0 9187 480 250 883 1100 60 4350 6677 1330 80 524 200 0 56816 |
2021 |