2023-12-31-accounts

CALVARY INTERNATIONAL CHRISTIAN CENTRE Report and Financial Statements Year ended 31st December 2023 Impart Financiats Regu5 15 Fk)or, Brunel House 2 Fitzalan Road Cardrff CF24 OEB

CALVARY INTERNATI(X4Ai CHRISTIAN CENTRE Report of the trustees for the year ended 31" December 2023 The trustees present their annual report and financial ststements of the charity for the year ended 31" December 2023. The financial statements have been prepared in accordance with the accounting policies Set out in note I to the accounts and comply wtth the chariws trust deed, the Chartties Act 2011 and the AccountinB and Reporting by Charities.. Statement of Recommended Prartice. Objectlves and actlvlties for the publlc benefft The purposes of trust continue to be: The advancement of the Christian gospel by preachin8 the gospel of God about Hi5 only son. Jesus Chrlst,. The relief of poverty, sickne55 and distress- Any other charitable purpose according to the laws of England and Wales as the trL￿ee$ may from time to time think fit. The trustee5 confirm that they have referred to the Charity Commisston's guidance on public benefit and, in particular, the specifK guidance on charities for the advancement of religion. The trustees achieve this by separate strategies aimed at those who do not have a relationship with Jesus Christ and those who have already accepted Jesus Christ as their Saviour and Lord. Non-believers are targeted by various outreèch artbvities based either in the local community or further afield. For believers, the trustees endeavor to create an environment where a person's faith can be increased arKI matured by access to- Regular b•blical teaching Praise. worship and prayer meetings Provis￿￿ of pastoral works Visiting and praying for the sick and infirmed Page I

CALVARY INTERNATI(X4AL CHRisnAN CEl￿RE Report of the trttstees forthe year ended 31 December 2023 EXECUTIVE SUMMARY 2023 was a better year as compared to the previous years after Covid. The church wa5 able to organize the yearly Camp in July 2023 at the Monastery of the Brotherhood in Leeds. In 2023. the thurch intensified prayer and tssting. We started "Commanding Your Month" which was week long prayer and fasting undertaken at the end of every month from January to December. There wa5 3 series of conferences with various speaker5 from all over the world. In addition. the church organized a number of life-transforming events such a5 Coupled for Life, Love Talk, Amplified (Worship Servicel and International Sunday. Blessed of the Father four homele55 Outreach), was extremely busy and stepped up to the plate to help the community and the cty. Their food bank was expanded to help more families and currently caters for about 40 families every week. We were blessed with quite a number of babies in 2023. We ended the year with a Watchnight Serwice on 31" December to celebrate God's goodness and our gratitude of how far He has brought Us as a church family, for keeping everyone safe and keeping the church running well. Financlal revlew The work of the trust is entlrely dependent on the voluntsry offerings of people attending the various meetings that have taken place. The income for the year was £255,63912022 = £208,617). This includes amounts received underthe Gift Aid system. Page 2

CALVARY INTERNATIONAL CHRISTIAN CENfRE Report of the trustees for the year ended 31 December 2023 Rlsk Management Financial This includes a serious decrease in the amount of income received and thereby causing the trust to be unable to meet its financial commitments. This has been mitigated by the trust receivine regular up to date financial infomiètion to enable the trustees to plan accordingby. b. Reputstional The trustees have recognized the circumstances that could result in damaging the reputation of the charty and are continuing to introduce measuresto minimize these particular risks. ReseNes pollcy The trustees have decided to spend as much money a5 PO55ible on furthering the core objects of the charty whilst maintaining Sufficient cash funds to ensure the sustainability of the charity. With this in mind. the trustees aim to malntain current assets at a level which equates to 3 months of unrestrirted charitable expenditure. The trustee5 consider that thi5 level will provide sufficient funds to enable financial commitments to be met and also give them enough time to review and revise on80ing commitments should a long-term decrease in income be recognized. The level of current assets as at 31" December 2023 was £159.195. 3 months average unrestricted tharitable expenditure (excluding depreciation) is £46.￿0. The current level of reserve5 15 therefore adequate as per the above policy. Plans for 2024 2024 prornises to be another blessed year with new thallenges to overcome. We are trusting God to go ahead and grow all our branches and start a few new ones. We are also hoping to partner with lik minded organisation5 to help with the needs of the less advantaged in our communrties. Thank you for being part of CICC in 2023. We hope to see you and to fellowship with you through 2024 and the years ahead. God Bless Page 3

CALVARY INTERNATIOP4Ai CHRISTIAN cEl￿RE Report of the trustees for the year ended 31 December 2023 Structure• governance and management Thetrust is a registered charity, number 1147746. and is constituted under a Trust Deed dated 1st January 2012. The trust does not raise funds from the public and seek5 to continue its charitsble works through the careful stewardship of the donations from members. Regular meetings of the trustees take place with additional communication betsveen ￿￿etIngS. Regular topics of discussion include the way forward. the level of reseNes, the financial position and risk management policies. The day to day leading of the charity 15 delegated to Pastor C Wilson-Andoh. New trustees are chosen from the membership after showing continuous integrity and faithfulnessto the charity. Before accepting the position, the potential trustee is given copies of the Trust Deed. previous financial statements and meets with the existing trustees for an overview of plans of the charity for the future. Any training requests are quantified and arranged as necessary. Key management personnel remuner*ion The trustees consider the board of trustees with Pastor C Wilson-Andoh in particular as comprising the key management personnel of the charity and in charge of directing and controlling the charity on a daily basis. All tnjstees 8ive their time freely and no trustee remuneration was paid in the year. Related party transactions are shown in note 11. Trustees are required to disclose all relevant interests and are required to withdraw from decisions where a conflict of interest arises. Page 4

CALVARY INTERNATIChllAI CHRISTIAN CENfRE Report of the trustees forthe parended 31" Decemb•r 2023 Rèference aDd admlnistrative informatlon Trustees Mrs Glorio Wi150n-Andoh George Nicholas Hagan Pastor Samuel AdJei-Applah Alfred A8yei Nyarko Rev Christopher Wllson-Andoh Prlncipal office 53 Cardl8an Lane Burlev Leeds LS4 2LE lTrdependent Examiner George A Kitcher FCA Regus IP Floor. Brunel House Cardiff CF24 OEB Prfncipal Bankers Yorkshire Bank Headingly Leeds L56 2AA Page 5

CALVARY INTERI4ATIONAL CHRisllAN CENfRE Report of the trustees forthe year ended 31 December 2023 Trustees, responsibilities in relatlon to the fFnancial ststements The charity trustees are responsible for preparing a trusteeg annual report and flnancial statements in accordance with applicable law and United Kirgdom Accounting Standawds IUnf(ed Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charty trustees to prepare financial statements in each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to: Selett suitable attounting policies and then apply them consistently,. ObseNe the methods and principles in the applicable Charities SORP; Make judgments and estimates that are reasonable and prudent.. State whether applicable accounting standards have been followed, subjert to any material departures disclosed and explained in the financial 5tatements- Prepare the financial statements on the going cor)cern basis unle55 It IS inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose wwth Teasonable accurar at anytime the financial position of the charity and to enable them to ensure thatthe financial Statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations and the provisions of the Trust Deed. They are also responsible for safeguarding the a55ets of the charity and tsking reasonable step5 for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and inte8rity of the charity and financial information included on the char￿$ webstte. Legislation in the United Kingdom goveming the preparation and dissemination of financial inforn)ation may dlffer from legislatron in other jurisdirtions. Approved by the trustees on August W24 and slgned on thelr behalf bv Mrs Gloria Wllson-Andoh- Trustee Page 6

Independent Examlnerfs report to the Trustees of CALVARY INTERNATIONAL CHRISTIAN CEpifRE l ￿POrt on the a¢(ounts for the trust for the year ended 31" December 2023 which are set out on page5 9tol5. Respectlve responslbllltles of trustees and examlner The charivs trustees are responsible for the preparation of the accounts. The charity trustees consider that an audit is not requI￿d under section 144 of the Charitye5 Act 2011 (the Charities Act) and that an independent examination 15 needed. It is my responsibilty to.. Examine the accounts under section 145 of the Charities Act; Follow the procedures laid down in the General Directions given by the Charitv Commission under section 14515)Ibl of the Charities Act, and To state whether particular matters have come to my attention. Basis of independènt examinÈrfs report My examination was carried out in accordance with the General direction given by the Charity Commissioners. An examination include5 a review of the accounting record5 kept by the charity and a compari50n of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the account5, and seeking explanations from you as trustees on any such matters. The procedures undertaken do not provide all the evi(lence that would be required by an audit, and consequently no opinion is given as to whetherthe accounts present a "true and fair. view and the report Is limited to those matters set out in the statement below. Page 7

lrnlependent eNamlnerfs statement In connection with my examinatlon, no matter has come to my attentlon: {1) Which gives me reasonable cause to believe that in any material re5pert the requirernents

to keep accounting records in accordance wlth settion 130 of the Charities act, and

to prepa￿ accounts which accord with the awuntin8 records and to comply wlth the

accounting requlrements of the Charities Act Have not been meL' or {21 To which, In my opinion. attention should be drawn in orderto enable a Pfoper understanding of the accounts to be reached. Georye Kltcher FCA Chartered Accountsnt Regus 15" Floor, BTunel House 2 Fitzalan Roa(1 Cardiff CF240EB 2￿ August 2024 Page 8

CALVARY IKfERNATIONAL CHRISTIAN CENTrE Statement of Nnancial Artlvltles Year ending 31st December 2023 Restd Funds 2023 UnlRestd Funds 2023 Totsl Funds 2023 Totsl Funds 2022 Income Donations Investment Income Grants Received 244,624 244.624 208,604 515 515 13 10.500 10,5 TOTAL INCOME lo.5￿ 245.139 255,639 208,617 Expenditure Expenditu￿ on charitable activities Governan￿ Costs -lo,5￿ -192.042 -202,542 -134.464 -1.045 -L045 -845 TOTAL EXPENDITURE -10,51JO -193.087 -203.587 -135,309 Net incomingllexpenditurel 52.052 52,052 73,308 Reconciliation of funds Total funds brought forward 268,515 268.515 195,207 Total funds Carrled forward 320,567 320.567 268,515 Pa8e 9

CALVARY INTERNATIONAL CHRISTIAN CENTrE Balan¢e Sheet as at 31st Decemb￿ 2023 Totsl Funds Prlor Year Tangible assets 165.207 170.378 Total fixed assets 165.207 170.378 Current assets: Debtors Cash at bank and in hand 67.135 92,060 44,674 55,408 Total cul￿nt assets 159,195 100.082 Llabllitles: Creditors falling due within one year io -3.835 -1.945 Net Current assets 155.360 98,137 NEf ASSETS 320,567 268,515 The funds of the charity". un￿tricted income lunds 320,567 268,515 Totsl charity funds 320.567 268,515 The notes at pages 14 to 18 fomi part of these accounts Approved by the trustees on 12th August 2024 and 51gned on thelr behalf by: Mrs Gkiria Wilson-Andoh-Trustee Page 10

CALVARY INTERNATIONAI CHRISTIAN CENTrE Notes to the accounts l. Accountin8 Poliae5 lal Basis of preparation and assessment of going concern The accounts Ifinancial statements) have been prepared In accordance with Accounting and Reporting by Charities: Statement of Recommended Practice pplicable to charitie5, the Charities Act 2011 and applicable regulations. The accounts have been prepared under the historic cost convention wlth Items recogni5ed at cost or transaction value unle55 Otherwlse stated In the relevant notes to these accounts. Ibl Funds structure The unrestrirted fvnds are available to be Spent on the furthering of the objecis of the charity as seen fit and proper by the trustee5. Two grants were recewed during the year as Restricted Funds as follows= Leeds Christiab7 Communlty £5,5 Leeds Older People Forum £5,000 These grants were to contribute towards the household support of those in need and had been fully spent at the ￿ar end. Icl Income recognition All income is recognised once the charity has entitlement to the income. there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of Income ￿ceIVable can be measured reliably. Donation5 from members and other donations are recognised when received. Income in respect of HMRC Gift Aid claims is recognised when the claim has been submitted to HMRC. Interest on fund5 held on deposit is included upon notffication of the Interest payable by the Bank. Idl Expenditure recognition Liabilitie5 are recogni5ed a5 expendilure as soon as there is a legal or constructlve obligation commriting the charity to that expenditure. it is probable that settlement will be required and the amount of the obligation can be rnea5ured quickly. All expenditure Is recognlsed on an accruals ba515. Page 11

CALVARY INTERNATIONAL CHRISTIAN CEP￿RE Notes to the accounts lel Irrecoverable VAT Irrecoverable VAT is charged agaln5t the expendi￿re head for which it was incurre(J. In Governance costs Governante costs comprise all wsts rnvolving the public accountability of the charity and its compliance with regulation and good prartice. These costs include the ndependent examinatlon and any costs incurred relating to trustee board meetings. Ihl Charrtable activities The expenditure on charrtable attivities includes the governance costs and is shown in notes 5 & 6. lil Tangible fixed assets and depreciation All assets costing more than £5(K) are capitallsed and valued at historic cost. Depreciation is charged from the year of acquisition at rate of 25% pa on a rèducing value basis for equipment and vehicles. For property and property improvements, the rate is 2% on a straight line basis. ') Pensions The Charrty does not have any employees. ITrnstees' expenses and remunetatlon The trustees a118ive freely of their time and expertise without any form of remuneration or other benefit in cash or klnd. They are entitled to claim anv expenses. The amount of expenses paid during the year was £nil12022 = £nrll 3. Incorne 2023 2022 Restd UnlRestd Total Total Donations Gift Aid Grant Income 197,489 197,489 163,930 47,135 47,135 44,674 10,51XI 10.51X) 10,5LX) 244,624 255,124 208,604 Page 12

CALVARY INTERNATIONAL CHRISTIAN CENTRE Notss to the accounts 4. IfNestsnent Income 2023 2022 Interest on cash deposits 515 13 5.Expenditure on tharltable acthiltles 2023 Restd UnlRe5td 2022 Totsl Donatlons and Vlshing Speakers Water Rates Light and Heal Cleaning and HY8￿ne Administratlon Loan Interest Finance Charges Insurance Telephone, Internet. media Depreciation Ministry Expenses Repairs Website Costs Refreshments ènd Activitles Professional Fees Outreach Expenses Training and Re50urce5 Venue Costs Travel and Motor Expenses Retreat Expenses Publiclty Volunteer expenses Worship Group Men's Ministry Loss on vehicle scrapped 2,500 30,735 1.366 17,391 66 3.493 33,235 1,366 17,391 66 20,622 803 15,411 4,493 3.298 1,908 42 2.249 2,249 684 8,810 15,( 19.311 1.577 41,232 2,490 2,091 8,810 15.OlX) 19,311 1,577 37,232 2,490 9,289 1,356 16,752 115 24,556 1,212 771 10,341 10,776 23,171 10,341 10,776 26,171 6,588 24.543 4,270 2.450 450 4,270 2,450 450 1,997 787 920 630 192.042 202.542 134,464 10,500 6. Governance costs 2023 2022 Independent Examination Costs of meetlngs 1.045 1,045 7. Staff The charty does not employ any staff. Page 13

CALVARY INTERNATIONAL CHRisfiAN CEpifRE & TangIb￿ Ilxed assets EqulpmeDi Property Vehlde TOTAL Cost At lttjanuary 2023 Additions Disposals At 3tst December 2023 47,910 3.639 186.402 9,IXK) 243,312 3,639 51,549 186.402 9.￿0 246,951 Depreclailon At tstjanuary 2023 Charge for the year Eliminated on disposals At 315t Decernber 2023 37.950 3.395 32.734 3,728 2,250 1,687 72.934 8,810 41.345 36.462 3,937 81,744 Net book value At 3st December 2023 At 31st December 2022 10.204 149.940 153,668 5,063 6.750 165,207 170.378 9. Analysls of ujrrent assets 2023 2022 Gift Aid repayment Temporary Loan granted Cash at bank 47.135 20.1N)O 92.060 44,674 55.408 159.195 IIXl.082 All debtors relateto unrestricted fvnds 10. Analysts of current Ilabllhle5 2023 2022 Creditors under l year 3.835 All creditors relate to unreslrlcted funds. Page 14

CALVARY INTERNATIONAL CHRISTIAM CEP4TrE 11. Rol•tsd party transartlons Durlng the year, the followlng tnjstees received amounts from the charlty: C Wllson-Andoh Mrs G Wilson-Andoh S AdJekAppiah £1,5(N) 12022- £1.￿) £1,5fy) 12022- £01 £5(KI 12022= £0} These amounts were lTr¢luded In the donatlons feure. Revd C Wllson Andoh also received £IS,(Kk)12022 - £nil} for ministry carried out for the charlty durlngthe year. Thts amount was included as Mlntstry Expenses. Page 15