PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD
(A COMPANY LIMITED BY GUARANTEE NOT HAVING A SHARE CAPITAL)
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023
CHARITY REGISTRATION No. 1147225 COMPANY REGISTRATION No. 06313714
1
PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD
(A COMPANY LIMITED BY GUARANTEE NOT HAVING A SHARE CAPITAL)
COMPANY REGISTRATION NUMBER
06313714
MEMBERS OF MANAGEMENT COMMITTEE (DIRECTORS)
Andre Da Fonseca
Cinthia Queiroz Jose Carlos Rossi
REGISTERED OFFICE
52 Church Hill Road
Oxford OX4 3SF
2
PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD
(A COMPANY LIMITED BY GUARANTEE NOT HAVING A SHARE CAPITAL)
Trustees’ Annual Report for the year ended 31 JULY 2023
The Directors for the purposes of the Companies Act, submit their annual report and the financial statements for the year ended 31 JULY 2023.
Structure, governance and management
The PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD is a company limited by guarantee governed by its memorandum & articles of association. Company number: 06313714.
The directors of the company are known as members of the Management Committee.
All new staff, volunteers and Management Committee members must go through an induction process at the start of their work with PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD. This process aims to familiarise them with the aims, objectives and structures of the organisation, as well as the policies and procedures which are likely to be of relevance to their work.
The main activity of the organisation is general advice and support for the Portuguese speaker’s community. Each area is managed by the Director, assisted by volunteers.
Objectives and Activities
PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD’s aims and objectives are to provide services to Brazilian community, which will permit them to overcome social marginalisation and gain access to mainstream services, opportunities and entitlements in the UK, while maintaining their cultural identity within a globalised and multicultural society.
He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company exemptions
This report has been prepared in accordance with the special provisions relating to small companies within part VII of the Companies Act 2006.
By order of the Board,
Mr. Andre Da Fonseca
Director
8[th] March 2024
3
PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD
(A COMPANY LIMITED BY GUARANTEE NOT HAVING A SHARE CAPITAL)
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 JULY 2023
| Notes Incoming resources from generated Funds Voluntary income 2 Gift Aid Income Total incoming resources Resources expended: Governance costs 3 Total resources expended Net Income Resources Net movement in funds Total funds at 1 August 2022 Total funds at 31 JULY 2023 |
Unrestricted Funds Restricted Funds Total Funds 2023 £ £ £ £ 82,802 0 82,802 |
|---|---|
| - 0 - |
|
| 82,802 0 82,802 |
|
| 85,356 -0- 85,356 0 |
|
| (2,554) (2,554) |
|
| 24,836 | |
| 22,282 |
All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above.
The notes on pages 5 to 9 from part of these accounts
4
PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD
(A COMPANY LIMITED BY GUARANTEE NOT HAVING A SHARE CAPITAL)
BALANCE SHEET AS AT 31 JULY 2023
| NOTE FIXED ASSETS Tangible assets 5 CURRENT ASSETS Debtors and prepayments Cash at bank and in hand 6 CREDITORS: Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES THE FUNDS OF THE ORGANISATION Restricted income funds 8 Unrestricted income funds 8 |
2023 £ 0 4,850 20,432 (3,000) |
|---|---|
| 22,282 22,282 22,282 |
The financial statements were approved by the management committee on 8[th] March 2024 and signed by:
Andre Da Fonseca, Director
The notes on pages 5 to 9 from part of these accounts
5
PEOPLE’S BAPTIST CHURCH OXFORD-IGREJA BAPTISTA DO POVO LTD
(A COMPANY LIMITED BY GUARANTEE NOT HAVING A SHARE CAPITAL)
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
1. BASIS OF PREPARATION AND ACCOUNTING POLICIES
-
(a) The accounts have been prepared under the historical cost convention, and in accordance with applicable accounting standards.
-
(b) The company has taken advantage of the exemptions in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
-
(c) The accounts have been prepared on the going concern basis.
-
(d) Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. The value of services provided by volunteers has not been included.
-
(e) Grants, including grants for the purchase of fixed assets where applicable, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.
-
(f) Incoming resources from investments is included when receivable.
-
(g) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT that cannot be recovered.
-
(h) Support costs include central functions and have been allocated to activity cost categories on the basis of relevant staff time.
-
(i) Governance costs include costs of the preparation and examination of statutory accounts, the cost of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.
-
(j) Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the organisation without further specified purpose and are available as general funds.
-
(k) Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less residual value over each asset’s expected useful life, as follows:-
Furniture, equipment and computer equipment
20% straight line
6