Charity Numbe **1145126** 


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CHURCH OF GOD UNIVERSAL<br>  (A Company Limited by Guarantee)<br>**----- End of picture text -----**<br>


**MANAGEMENT COMMITTEE REPORT AND FINANCIAL STATEMENTS** 


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For the year ended 31st December 2023<br>**----- End of picture text -----**<br>


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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|



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**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<br>2 Mrs Gloria Grant<br>3 Mr. Bansiville Moor<br>4 Mr. Hartley Cinclar<br>**----- End of picture text -----**<br>



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Charity Registered Numb 1145126<br>Registered Office<br>WENLOCK ROAD<br>ASTON<br>Birmingham<br>B20 3HR<br>Secretary Mrs Gloria Grant<br>Accountants<br>Jecom & Co<br>Incorporated Financial Accountants<br>276 Monument Road<br>Ladywood<br>Birmingham<br>B16 8XF<br>Bankers<br>Barclays<br>**----- End of picture text -----**<br>


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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: 

1. 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 

2. 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 

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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 

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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 

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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 

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**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** 

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

|**Note**<br>**INCOMING RESOURCES**<br>Donations legacies and similar incoming<br>resources<br>2<br>**RESOURCES EXPENDED**<br>**Charitable expenditure:**<br>Cost of activities in furtherance of the<br>charity's objects<br>Support costs for Church Services and a<br>3<br>Resources expended on managing and<br>administering the charity<br>4<br>**TOTAL RESOURCES EXPENDED**<br>5<br>**MOVEMENT IN TOTAL FUNDS FOR TH**<br>**YEAR - NET INCOME/(EXPENDITURE)**<br>**FOR THE YEAR**<br>TOTAL FUNDS AT 1 January 2022<br>**TOTAL FUNDS AT 31 December 2023**|**Restricted**<br>**Fund**<br>**202**<br>|**Unrestricted**<br>**s**<br>**Fund**<br>**3**<br>**202**<br>£<br><br>26,77|**Total**<br>Total<br>**s**<br>**Funds**<br>Funds<br>**3**<br>**2023**<br>2022<br>£<br>£<br>£<br>4<br>26,774<br>23,580|
|---|---|---|---|
|||26,77|4<br>26,774<br>23,580|
|||60<br>1288<br>28<br>397|0<br>600<br>1,640<br>0<br>12880<br>52,475<br>5<br>0<br>4<br>3974<br>18,954|
|||17,73|8<br>17453<br>73069|
||**E**|9,03|6<br>9,321<br>-49,489|
|||20,10|1<br>-8,885<br>-8,885|
|||9,03|6<br>435<br>-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 

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

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

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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. 

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**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 

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

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



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



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

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



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

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|7|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<br>TANGIBLE FIXED ASSETS<br>Cost<br>At 1 January 2022<br>Addition in year<br>**Depreciation**<br>At 1 January 2022<br>Charge for the year<br>At 31st December 2023<br>**Net book value**<br>At 31 December 2023<br>At 1 January 2022<br>9 **DEBTORS**<br>Due within one year<br>Debtors<br>Cash in hand and at bank|Motor<br>Equipmen<br>Vehicles<br>£<br> <br>0<br>124<br>4,11|t Fixtures &<br>Total<br>Fittings<br>£<br>£<br>£<br>4<br>4402<br>5646<br>0<br>0<br>4110|
|---|---|---|
||535|4<br>4402<br>9756|
||311<br>102|1100<br>1412<br>8<br>1100<br>1467|
||1,33|9<br>2,201<br>2,879|
||£4,01|6<br>£2,201<br>£6,877|
||£1,244|£2,201<br>£5,646|
|||2023<br>2022<br>£<br>£<br>14330<br>11922|
|||14330<br>11922|



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

|10 **CREDITORS**<br>Amount falling due within one year<br>Bank Loan and overdrafts<br>Accruals<br>Tax & National Insurance Contribu<br>11 **STATEMENT OF FUNDS**<br>**UNRESTRICTED FUNDS**<br>General Funds<br>General Fund 1<br>Subtotal<br>**RESTRICTED FUNDS**<br>Restricted Funds<br>**SUMMARY OF FUNDS**<br>General Funds<br>Restricted Funds<br>Total of Funds<br>12 **ANALYSIS OF NET ASSETS BET**<br> <br>Tangible fixed assets<br>Debtors due after more than 1 yea<br>Current assets<br>Creditors due within one year<br>Total|<br>tion<br>Brought Incoming<br>Forward Resources<br>£<br>£<br>46018<br>2677|2023<br>2022<br>£<br>£<br>0<br>0<br>£0<br>£0<br>Resourc Carried<br>Expende Forward<br>£<br>£<br>4<br>18099<br>54693<br><br>18099<br>54693<br><br>18,099<br>54693<br><br>£<br>£<br>4<br>18099<br>54693<br><br>18099<br>54693<br>d<br>Total<br>Total<br>s<br>Funds<br>Funds<br><br>2023<br>2022<br>£<br>£<br>£<br><br>6877<br>5646<br><br>14330<br>11922<br>0<br>0<br>-15497<br> £21,207<br>£2,071<br>£42,414<br>4093|
|---|---|---|
||46018<br>26774||
||||
||46,018<br>26,774||
||£<br>£<br>46018<br>2677||
||46018<br>26774||
||**WEEN FUNDS**<br>Restricted<br>Unrestricte<br>Funds<br>Fund<br>2023<br>2023<br>£<br><br>6877<br>r<br>14330<br>||
||£21,207||
||||



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## **CHURCH OF GOD UNIVERSAL** 

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

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



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