PRESBYTERIAN CHURCH OF GHANA CHRIST 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
INDEPENDENT EXAMINER:
ASIAMAH & CO 12 HOLLIDAY SQUARE LONDON SW11 2HR
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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 2023
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 2024
……………………….. Signature
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INDEPENDENT EXAMINER'S REPORT
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 12 HOLLIDAY SQUARE Date: 15th JULY 2024 LONDON SW11 2HR
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
STATEMENT OF FINANCIAL ACTIVITIES
| PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION STATEMENT OF FINANCIAL ACTIVITIES |
||||
|---|---|---|---|---|
| for the year Ended 31st December 2023 Offertory Tithes Thanksgiving/donation Children Service Harvest Rental Income Good to give Agomu 2nd Offer District PCG TV 10th Anniversary Cloth and Tshirt Interest Kindergarten Building Fund Seaside Sundry Income Total Income Total Expenditure Surplus b/f Adjustment Fund c/f 31/12/2023 |
2023 Total 22935 44777 12231 2460 37048 15400 800 3200 871.2 750 2002 298.29 0 40 1400 0 144213 100582 43631 250487 10000 304118 |
2022 Total 20349 34696 13583 704 31112 11000 2288 3240 0 0 875 4 11000 0 1625 48 130523 |
2022 | |
| Total | ||||
| 71536 47988 202399 100 250487 |
71536 |
The notes form part of these accounts.
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PRESBYTERIAN CHURCH OF GHANA
CHIRIST CONGREGATION
BALANCE SHEET AS AT 31ST DECEMBER 2023
| 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 2024 |
Notes 2023 654333 2 500 3 53558.4 54058.4 4 17297.47 36760.93 386976 304118 304118 Page 5 |
2022 654333 500 18247 18747 18247 500 400677 |
|---|---|---|
| 254156 | ||
| 254156 | ||
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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| 2023 1 Freehold Property 654333 2 Debtors 500 500 3 Current Account 21173 Reserve 32385 53558 Petty Cash 0 108117 Creditors: Amount falling due within 1 year Accruals 1100 PC 192 Singing Band 5916 Men's Fellowship 1315 YAF 2500 Ebenezer 0 YPG 128 Choir 1915 Women's Fellowship 4081 JY 151 17297 Creditors Amount falling due after 1 Year Mortgage Loan 354176 Soft Lon 32800 386976 2023 Unrestricted B/f funds 01/01/2022 250487 Surplus for the year 43631 Adjustment 10000 C/F funds a 304118 |
2022 654333 500 500 12487 2087 14574 3 30151 1100 0 3015 1190 2059 5000 128 2215 3540 0 18246.5 |
2022 |
|---|---|---|
| 354177 46500 400677 2022 funds 202399 47988 100 250487 |
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PRESBYTERIAN CHURCH OF GHANA CHIRIST CONGREGATION
| 2023 | 2022 | |
|---|---|---|
| INCOME | ||
| Offertory | 22935 | 20349 |
| Tithes | 44777 | 34696 |
| Thanksgiving/donation | 12231 | 13583 |
| Children Service | 2460 | 704 |
| Harvest | 37048 | 31112 |
| Good to give | 0 | 2288 |
| Agomu | 3200 | 3240 |
| 2nd Offer District | 871 | 0 |
| PCG TV | 750 | 0 |
| Cloth | 2002 | 875 |
| Refreshment | 800 | 0 |
| Interest | 298 | 4 |
| Kindergarten | 15400 | 11000 |
| Building Fund | 40 | 0 |
| Seaside | 1400 | 1625 |
| Sundry Income | 0 | 48 |
| Total Income | 144213 | 119523 |
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PRESBYTERIAN CHURCH OF GHANA - CHRIST CONGREGATION
Notes to the Accounts for the year ended 31st December 2023
| 2023 | 2022 | ||
|---|---|---|---|
| COST OF ACTIVITIES | £ | ||
| EXPENDITURE | |||
| Priest Allowance | 6000 | 6350 | |
| Church Items | 0 | 1176 | |
| Donations | 5103 | 7472 | |
| Welfare | 434 | 0 | |
| Light & Heat | 5842 | 3240 | |
| Miscellaneous | 2040 | 1189 | |
| Hot Meal | 972 | 842 | |
| Refreshment | 1382 | 3168 | |
| Harvest Expenses | 1000 | 600 | |
| Pulpit Expenses | 1720 | 1144 | |
| Bank Charges | 475 | 391 | |
| Building Expenses | 0 | 0 | |
| Conference Expenses | 1898 | 705 | |
| Building Expenses | 330 | 4397 | |
| Interest (mortgage) | 38731.5 | 17757 | |
| Transport/Travel | 3530 | 3310 | |
| Telephone | 1350.56 | 1518 | |
| Insurance | 1114.32 | 965 | |
| Audit & accountancy fees | 1100 | 1100 | |
| Web site & Software | 60 | 140 | |
| Agomu Project | 3400 | 2780 | |
| PCG District Assessment | 13922 | 4851 | |
| Media | 3216.72 | 2582 | |
| Xmas decor | 3570.65 | 0 | |
| 10th Anniversary Cloth and Tshirts | 3390 | 0 | |
| Miscellaneous | 0 | 400 | |
| 100582 | 66078 |
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