2023-12-31-accounts - Church Of God (Universal)

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Charity Numbe 1145126

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CHURCH OF GOD UNIVERSAL
(A Company Limited by Guarantee)
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MANAGEMENT COMMITTEE REPORT AND FINANCIAL STATEMENTS

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For the year ended 31st December 2023
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CHURCH OF GOD UNIVERSAL

CHURCH OF GOD UNIVERSAL	CHURCH OF GOD UNIVERSAL
Statement of Financial Activities (including Income and Expenditure Accounts)
For the year ended 31st December 2023.
CONTENTS	2
Legal and administrative information	3
Trustee's report	4 - 5.
Independent Examiner’s Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes forming part of the financial statements	9 - 14.
The following pages do not form part of the statutory accounts
Detailed income and expenditure account	16

CHURCH OF GOD UNIVERSAL LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 31st December 2023

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Management Committee 1 Mrs Syble Cinclar
2 Mrs Gloria Grant
3 Mr. Bansiville Moor
4 Mr. Hartley Cinclar
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Charity Registered Numb 1145126
Registered Office
WENLOCK ROAD
ASTON
Birmingham
B20 3HR
Secretary Mrs Gloria Grant
Accountants
Jecom & Co
Incorporated Financial Accountants
276 Monument Road
Ladywood
Birmingham
B16 8XF
Bankers
Barclays
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CHURCH OF GOD UNIVERSAL Independent Examiner’s Report to the trustees of Church of God Universal

For the year ended 31st December 2023.

I report on the accounts for the year ended 31st December 2023 which are set out on pages

7 to 16 Respective responsibilities of trustees and examiner
The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the charity Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to:

Examine the accounts (under section 43 of the Act), to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the 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 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 statement below.

Independent examiner’s statement

In the course of 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 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; 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.

J. Okundaye AFA FFTA FIAB Jecom & Co Incorporated Financial Accountants

276 Monument Road Edgbaston Birningham B16 8XF

CHURCH OF GOD UNIVERSAL

MANAGEMENT COMMITTEE'S REPORT

For the year ended 31st December 2023.

The Management Committee who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the financial statements of CHURCH OF GOD UNIVERSAL (the Charity) for the year ended 31st December 2023. The Management Committee confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirement of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities issued in October 2000.

Method of appointment or election of Management Committee

The Management of the Charity is the responsibility of the Management Committee who are elected and co-opted under the terms of the Articles of Association.

Constitution policies and objectives

The Charity is registered as a charity and was set up by a Charitable Trust Deed.

The Objective of the Church is to provide Church services fund raising activities which are sensitive to the social and cultural needs of the community to meet the need of young Schools children through, recreation, trips, mentoring counselling, advice, health

care needs and community safety scheme.

There have been no changes in the objectives since the last annual report.

Organizational structure and decision making

The organization of the Charity is controlled by the members of the Management Committee.

Review of activities

During the year the Charity received a total £26,774 from Church services. The financial results for the year are shown in the annexed accounts

Reserves policy

It is the policy of the management committee to work towards holding the minimum reserves necessary to enable the Charity to meet its commitments for a minimum period of three months.

CHURCH OF GOD UNIVERSAL MANAGEMENT COMMITTEE'S REPORT For the year ended 31st December 2023.

Management committee's responsibilities

Company and Charity law applicable to charities in England/Wales requires the Management

Committee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for the period. In preparing those financial statements the Management Committee have

*** selected suitable accounting policies and applied them consistently,made judgments and estimates that are reasonable and prudent,stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the
- financial statements, andprepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Trust will continue in operation).

The Management Committee have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. These account has been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The report was approved by the Management Committee on ……………...….…… and signed on its behalf by

Mrs Gloria Grant Secretary

CHURCH OF GOD UNIVERSAL ACCOUNTANTS REPORT TO THE TRUSTEES OF CHURCH OF GOD UNIVERSAL For the year ended 31st December 2023.

In accordance with the instructions given to us we have prepared, without carrying out an audit the financial statements for the year ended 31st December 2023 set out on pages 7 to 16. These financial statement has been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2002) under the historical cost convention and the accounting policies set out on page 8 to 9. from the accounting records of the Charity and from information and explanation supplied to us.

a] the accounts of the company for the year ended 31st December 2023 are in agreement with the accounting records kept by the company under section 480 of the Companies Act 2006; and
b] having regard only to, and on the basis of, the information in those accounting records, those account have been drawn up in a manner consistent with the provisions of the Act as specified in subsection 476, so far as applicable to the company.

Jecom & Co

Incorporated Financial Accountant 276 Monument Road Edgbaston Birmingham B16 8XF

CHURCH OF GOD UNIVERSAL STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st December 2023.

Restricted Fund 202	Unrestricted s Fund 3 202 £ 26,77	Total Total s Funds Funds 3 2023 2022 £ £ £ 4 26,774 23,580
	26,77	4 26,774 23,580
	60 1288 28 397	0 600 1,640 0 12880 52,475 5 0 4 3974 18,954
	17,73	8 17453 73069
E	9,03	6 9,321 -49,489
	20,10	1 -8,885 -8,885
	9,03	6 435 -58,374

The Statement of Financial Activities includes all gains and losses recognized in the year The notes on page 10 to 15 form part of these financial statements

CHURCH OF GOD UNIVERSAL BALANCE Sheet As at 31st December 2023. FIXED ASSETS Note 2023 2022 £ £ Tangible fixed assets 8 6877 6,877

CURRENT ASSETS Debtors 9 Cash at Bank and in Hand 14330 14330 CREDITORS - Amount falling due w 10 year 0 NET CURRENT ASSETS NET ASSETS 12 CHARITY FUNDS Restricted Funds 11 Unrestricted Funds 11	14330 14330 0 14,330 14330 21207 21207 0 21207 21207 21207 21207 21207

The directors have:-

a] “For the year ending 31st December 2023 the company was entitled to exemption from audit under section 477(2) of the Companies Act 2006 .
b] The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
c] The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting periods and preparation of the accounts.

The financial statements were approved by the Directors on t ………………….

And are signed on their behalf by:

Mrs Syble Cinclar	Mrs Gloria Grant
Trustee	Secretary

The notes on pages 9 - 14 form part of these financial statements

CHURCH OF GOD UNIVERSAL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2023.

1 ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2002). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP). "Accounting and Reporting by Charities" published in October 2000, applicable accounting standards and the Companies Act 2006.
1.2 Company status The Charity is a company limited by guarantee. The members of the company are the trustees named on page 1 in the event of the Charity being wound up the liability in respect of the guarantee is limited to £1 per member of the Charity
1.3 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.4 Incoming resources All incoming resources are included in the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Gifts in kind donated for distribution are included at valuation and recognized as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the Charity where this can be quantified and a third party is bearing the cost. No amounts are included in this financial statements for services donated by volunteers.

CHURCH OF GOD UNIVERSAL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2023.

Intangible income, which comprises donated services, is included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognized where there is no financial cost borne by a third party.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognized at the time of the donation.

1.5 Resources expended
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include project management carried out at Headquarters. Management and administration costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.

1.6 Cash flow
The financial statements do not include a cash flow statement because the charitable company, as a small reporting entity is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective January 2002).
1.7 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual value over their expected useful lives on the following basis:

Motor Vehicle - 25% Straight line Furnitures and Fi - 25% Straight line Church Equipme - 25% Straight line

CHURCH OF GOD UNIVERSAL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2023.

2 DONATIONS, LEGACIES AND SI Church Services Other Church Services 3 SUPPORT COSTS FOR Church	MILAR INCOMING RESOURCES Restricted Unrestricted Total Total Funds Funds Funds Funds 2023 2023 2023 2021 £ £ £ £ 26,774 26,774 23,580
	26,774 26,774 23,580
	Services AND ACTIVITIES Restricted Unrestricted Total Total Funds Funds Funds Funds

Printing postage & stationary Guest speakers Light & Heat Bank charges Choir running expenses Functions Toiletories and first aid Entertainment Insurance Welfare Travel land susbsistence Repairs & maintenance Total	2023 2023 2023 2022 £ £ £ £ 318 318 0 370 370 0 3,613 3,613 5,545 0 0 0 0 0 480 1,223 0 0 8 8 20 0 0 0 964 964 3,121 0 0 0 768 768 1,248 5,617 5,617 41,439
	£0 £12,880 £11,657 £51,854

CHURCH OF GOD UNIVERSAL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2023.

4 RESOURCES EXPENDED ON M Sundries Audit & Accountancy fees Professional fees Property rent Telephone Depreciation - motor vehicles Depreciation - Church equipment Depreciation - fixtures & fittings Total 5 ANALYSIS OF RESOURCES EX Staff Cost 202 Wages and salaries 19	ANAGING AND ADMINISTERING THE CHARITY Restricted Unrestricted Total Total Funds Funds Funds Funds 2023 2023 2023 2022 £ £ £ £ 0 0 0 0 0 0 5,545 100 100 9,535 334 334 334 0 1339 1,339 1,339 2201 0 £3,974 £1,773 £16,753 PENDED BY EXPENDITURE TYPE s Depreciation Other Costs Total Total 3 2023 2023 2023 2022 £ £ £ £ £ 0 2,879 0 3,069 2,879

Support costs for Church activities Resources expended on m and administering the cha Total Resources Expende 6 NET INCOMING RESOUR This is stated after chargin Depreciation of tangible fix owned by the charity Audit & Accountancy fees Professional fees	Services and - 11,65 anaging ri - 3539 434	0 7 11,657 51,854 3,974 18,954 1 £18,699 £73,686 18099 £600 DED) Total Total 2023 2022 £ £ 0 3539 3,539 350 350 0 0 3889 2832
	d £190 £6,418 £12,09
	CES/(RESOURCES EXPEN g ed assets

CHURCH OF GOD UNIVERSAL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2023.

During the year no Management Committee received any remuneration (2022 - £NIL) During the year no Management Committee received any benefit in kind (2022 - £NIL) During the year no Management Committee received any reimbursement of expenses (2022 - £NIL)

STAFF COSTS AND NUMBERS
Staff costs were as follows	2023	2022
	£	£
Charity and Mission	600	1,640

The average monthly number of employees during the year was as follows

2023 2022

Administrative

No employee received remuneration amounting to more than £50000 in either year

8 TANGIBLE FIXED ASSETS Cost At 1 January 2022 Addition in year Depreciation At 1 January 2022 Charge for the year At 31st December 2023 Net book value At 31 December 2023 At 1 January 2022 9 DEBTORS Due within one year Debtors Cash in hand and at bank	Motor Equipmen Vehicles £ 0 124 4,11	t Fixtures & Total Fittings £ £ £ 4 4402 5646 0 0 4110
	535	4 4402 9756
	311 102	1100 1412 8 1100 1467
	1,33	9 2,201 2,879
	£4,01	6 £2,201 £6,877
	£1,244	£2,201 £5,646
		2023 2022 £ £ 14330 11922
		14330 11922

CHURCH OF GOD UNIVERSAL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2023.

10 CREDITORS Amount falling due within one year Bank Loan and overdrafts Accruals Tax & National Insurance Contribu 11 STATEMENT OF FUNDS UNRESTRICTED FUNDS General Funds General Fund 1 Subtotal RESTRICTED FUNDS Restricted Funds SUMMARY OF FUNDS General Funds Restricted Funds Total of Funds 12 ANALYSIS OF NET ASSETS BET Tangible fixed assets Debtors due after more than 1 yea Current assets Creditors due within one year Total	tion Brought Incoming Forward Resources £ £ 46018 2677	2023 2022 £ £ 0 0 £0 £0 Resourc Carried Expende Forward £ £ 4 18099 54693 18099 54693 18,099 54693 £ £ 4 18099 54693 18099 54693 d Total Total s Funds Funds 2023 2022 £ £ £ 6877 5646 14330 11922 0 0 -15497 £21,207 £2,071 £42,414 4093
	46018 26774

	46,018 26,774
	£ £ 46018 2677
	46018 26774
	WEEN FUNDS Restricted Unrestricte Funds Fund 2023 2023 £ 6877 r 14330
	£21,207

CHURCH OF GOD UNIVERSAL

DETAILED INCOME AND EXPENDITURE ACCOUNT For the year ended 31 December 2023

Fund 31 Decem 2023 INCOME £ Tithes & Offerings 26,77 Building Fund Investment Income and Interest Community activities 26774 LESS : EXPENDITURE Charity and Mission 60 Pastor Allowance 18 Property rent and rate 10 Light & Heat 3,61 Printing, Postage & Stationery 31 Repairs & Maintenance 5,61 Choir running expenses Guest speakers 37 Functions 1,22 Entertainment Insurance 96 Toiletories and first aid Travel land susbsistence 76 Telephone & Fax 5 Welfare Professional fees Audit & Accountancy fees 75 Sundries Bank Charges/Mortgage Depreciation - motor vehicles Depreciation - Church equipment 1339 Depreciation - Fixtures and fittings 2201 TOTAL EXPENDITURE NET INCOME FOR THE YEAR	ber 4 26774 0 0 0 3 8 7 0 0 3 4 8 8 0 0 0 18099	Fund 31 December 2022 £ 23,580 23,580 26,526 1,640 - 9,535 5,545 - 41,439 480 - 621 - 3,121 20 1,248 413 - 5,545 500 - - - 1,339 2,201 73,648 ###### £ 50,068 - 9968
	£ 8,675