2020-09-30-accounts - Kristo Asafo Mission ( London Branch)

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=| CHARITY COMMISSION FOR ENGLAND AND WALES

Trustees’ Annual Report for the period

From Period start date: 1 Oct 2019 To Period end date: 30 Sept 2020 Charity name: KRISTO ASAFO MISSION (LONDON BRANCH

Charity registration number: 1151246

Objectives and Activities

Objectives and Activities	Objectives and Activities	Objectives and Activities
Ts onreterenceFT Summary ofthe purposes of	Para 1.17 To promote the efficiency of religion
the charity as set out in its		through encouraging and participation
governing document		of evangelism.
Summary ofthe main activities in relation to those		rs 1.17 and ©
purposes forthe public		opportunity for directengagement since
benefit, in particular, the		March 2019. However,ZOOM meeting
activities, projects or		has been the alternativeway of
services identified in the		correspondence in all levels with the
accounts.		public.
Statement confirming	Para 1.18
whether the trustees have		The trustees has been in constant in its
had regard to the guidance		activities ofthe Organisation and
issued by the Charity		followed guidance issued on public
Commission on public		benefit.
benefit

Additional information (optional)

Additional information (optional)	Additional information (optional)	Additional information (optional)
You may choose to include further statements where relevant about: pT SORPreference O Para 1.38 — faa
	Para 1.38
. oo, Policy on social investment		N/A
including program related
investment
	Para 1.38
oo Contribution made by		N/A
volunteers

ome

Achievements and Performance

|[||[||[|| |---|---|---| |||The Organisation has made greater| |Summary ofthe main
achievements ofthe charity,|—
,|improvement in donations through
some FOODBANKS.| |identifying the difference the||| |charity’s work has made to||| |the circumstances of its||| |beneficiaries and any wider||| |benefits to society as a||| |whole.|||

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against	Para 1.41
objectives set
		Fundraising and voluntary contribution
Performance offundraising activities against objectives	Para 1.41
set
Investment performance	Para 1.41
against objectivesmE

Financial Review

Review ofthe charity’s	Para 1.21
financial position at the end		The Organisation had for the first time in
ofthe period		its operation increased its income
		capacity,
Statement explaining the	Para 1.22	The Organisation had an excess of
policy for holding reserves		income over expenditure forthe period
stating why they are held		of£000.
	Amountofreservesheld	Parat22,00
reserves[a deficit Explanation ofany Saat charity continuing as a going concern	lg Para 1.23	Plans to invest reserve in property

Additional information (optional)

You may choose to include further statements where relevant about: The charity’s principal sources of funds (including | Pat 1.47 ee Investment policy and objectives including any Pane oe social investment policy Se A description of the principal | Para 1.46 pee | me

Structure, Governance and Management

trusts:
Type ofgoverning document		Constitution and bye laws.
How isthecharity ~	Para 1.25	Organisation
constituted?
Trustee selection methods	Para 1.25
including details ofany		Through election ofthe members during
constitutional provisions e.g.		the annual delegate meeting
election to post orname of
any person or body entitled
to appoint one or more
trustees
Additional information (optional)
You may choose to include further statements		where relevant about:
Policies and procedures
adopted forthe induction	Para 1.51
and training oftrustees
The charity’s organisational
structure and any wider	Pare 1.58
network with which the
charityworks
Relationship with any related	Para 1.51
partiesmE

Reference and Administrative details

	KRISTO ASAFO MISSION	(LONDON BRANCH
Othernamethechariyuses	Registered charity number 1151246
Charity’s principal	address
	217 MORLEY ROAD
	LONDON
	IG117DH

Names of the charity trustees who manage the charity

Contact
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Corporate trustees — names of the directors at the date the report was approved
Directorname
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a[nenee ES
pe
RE Ee
Name of trustees holding title to property belonging to the charity
eG
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arses
a
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Funds held as custodian trustees on behalf of others	Funds held as custodian trustees on behalf of others
Description ofthe assets	n/a
held in this capacity
Name and objects ofthe	n/a
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
Details ofarrangements for
safe custody and
segregation ofsuch assets
from the charity's own
assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

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Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Full name(s) Dt Yale YANC CTO Chair, etc)| —TRusice MEMBER Date D116/02)

KRISTO ASAFO MISSION (LONDON BRANCH)

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2020

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* s ae 6CUMllC ~aie e
. bes = 3 7 .
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Section A

Statement of financial activities

Recommended Restricted Prior categories by Unrestricted income Endowment Total year activity funds funds funds funds funds £ £ £ £ £ Incoming resources (Note 3) FO1 FO2 FO3 FO04 FOS Income and endowments from: CharitableDonations and legacies | sassTee] Other activities ehlll Other trading activities Pe—h)— kl Total EEll Resources atee, | expended (Note 6) Expenditure on: Raising funds Pe h)hll SeparateCharitable activities | aoafTao] Other material item of expense Se =3=3=©—h6lUrr Total EEil aet ee | investmentNet income/(expenditure) before gains/(losses) i12,623 ee ee12,623 NetNetgains/(losses) on investments |_|se] STC Extraordinary income/(expenditure) eee aoerae Transfers items hl Other recognisedbetween funds - tn. gains/(losses): Gains and losses on revaluation of use fixed assets for the charity’s own nh h6Ul NetOther gains/(losses) El(il movement in funds ieeewees | TotalTotal funds broughtforward = | |TTTSCd*zS funds carried forward = |__ 42623 | | YS |

Section B

Balance sheet

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|||||||| |---|---|---|---|---|---|---| |Restricted| |Unrestricted|income|Endowment|Total|this|Total|last| |funds|funds|funds|year|year| |Fixed|£|£|£|£|£| |assets|FO1|F02|F03|F04|FO5| |(Note|15)| |Tangible|assets| |(Note|14)|1,829|1,829| |Heritage|assets| |(Note|16)| |Current|assetsTotal fixed|assets|1,829 eee|eee|1,829 ie||| |Stocks| |(Note|18)| |Debtors| |(Note|19)| |Cash|at|bank|and|in|hand| |(Note 24)|11,394|11,394| |Total current assets|11,394 ee|ee|11,394 Pee| |Creditors:|amounts| |falling|due|within|one| |year|(Note|20)| |Net current| |assets/(liabilities)|10,794|10,794| |Total assets|less|current| |liabilities|12,623|12,623| |Creditors:|amounts| |falling|due|after one year| |(Note|20)| |Provisions|for liabilities 7|=EFsf(<G<G| |Total net assets|or| |liabilities|12,623|12,623| |Funds|of the|Charity| |Restricted|income|funds| |(Note|27)|-|-|-| |Unrestricted funds|12,623|-|-|12,623|P|| |Revaluation|reserve|ss||| |Signed|by one or two|Date|of| |trustees on|behalf of all the|Signature|Print Name|approval| |Use)—||Pawia tanec|—loiltelae2|

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Section C cont

Notes to the accounts

Note 3

Analysis of income

					Restricted
			Unrestricted funds		income funds	Endowment funds		Total funds	Prior year
Donations anes	Analysis	Donationsandgifts GitAid		3 £ PT
	General grants provided by
	government/other charities
	Membership subscriptions and
	sponsorships which are in substance
	donations
	Donatedgoods, facilities andservices		[		-[T	[TC	C TSCi‘;”
Charitable activities:		Members'Tithes&Offering	Toal{			38,663
		Total		38,663
								38,663
Other:	Conversion ofendowmentfunds	into
	income
	Gain on disposal ofa tangible fixed
	asset held for charity's own use
	Gain on disposal ofa programme
	related investment
	Royalties from the exploitation of
	intellectual property rights
		Total					=
TOTAL INCOME
			38,663					38,663

Section C Notes to the accounts

(cont)

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Note 6 Analysis of expenditure
This year Last year
Unrestricted Restricted Restricted
Analysis income Total Unrestricted income Total
Expenditure funds funds funds funds funds funds
Total on raising funds: £ £
expenditure on raising
funds - - - 2 = #
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Expenditure on charitable activities:

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Evangelism and Pastorial
care 1,958 1,958
Telecommunication and data
cost 1,683 1,683
TotalDonationsexpenditure to Mother Churchon charitable 9,560 | 9,560 ee ee
Separate material item of
expense -
toleee|
Other
Total other expenditure i i aaes
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Section C cont

Notes to the accounts

Note 14 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets

14.1 Cost or valuation

|||Freehold
land&
buildings ||Other
Computer
Fixtures,
land& | Equipment| fittings and
buildings
equipment|Other
Computer
Fixtures,
land& | Equipment| fittings and
buildings
equipment|Other
Computer
Fixtures,
land& | Equipment| fittings and
buildings
equipment|Other
Computer
Fixtures,
land& | Equipment| fittings and
buildings
equipment|Other
Computer
Fixtures,
land& | Equipment| fittings and
buildings
equipment|Total| |---|---|---|---|---|---|---|---|---| |Atthebeginning ofthe year||
Additions||£
|||£|£
£
£
|SSSCYSSC~‘“Ci*zSSC||||| |||||||880|1,250|2,130| |At end ofthe year||||||||| |||||||880|1,250|2,130| ||||||14.2 Depreciation and impairments|||| ||“Basis|SL|SLor}|||SLorRB|SL orRB|SL or| |||(Straight||RB||||RB| |||Line )||||||| ||Rate[Tf
20%
to]|||||||| |Depreciation||||||||| |||||||176|125|301| |At end ofthe year||||||176||| ||||||||125|301| ||||||||14.3 Net book|value| |Net book value at the||||||||| |beginning ofthe year||||||||| |Net book value at the|end of|||||||| |theyear||||||704|1,126|1,829|

Section C cont

Notes to the accounts

Note 24 Cash at bank and in hand

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This year Last year
£ 5
date)
Short term cash investments (less than 3 months maturity po
Short term deposits ef
Cash at bank and on hand 11,394 P|
Other a ee
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Section C Notes to the accounts
cont
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Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

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Last
This year year
Independent examiner’s fees £ £
200
Assurance services other than audit or independent examination of
“ oy
Other fees (for example: financial advice, consultancy, accountancy
services) paid to the independent examiner 400
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Section C cont

Notes to the accounts

Note 20 Creditors and accruals Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

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Amounts ? Amounts falling
due falling due after more
within one year fan one veer
This year Last This Last
year year year
£ £ £ £
Accruals for grants payable
Bank loans and overdrafts es ee ee ee
or performance-related grants
Payments received on account for contracts | |
Accruals | ww | | |,
Other creditors(Church members loan) ee ee ee
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Independent examiner's report on the accounts

ES CHARITY COMMISSION (ge? FOR ENGLAND AND WALES

Section A Independent Examiner’s Report

Report to the trustees/ | KRISTO ASAFO MISSION (LONDON BRANCH) members of On accounts for the | 30th September 2020 year ended
Set out on pages | 1-7 of the annual accounts.

Charity no | 1151246 (if any)

Respective The charity's trustees are responsible for the preparation of the accounts. The charity’s responsibilities of trustees consider that an audit is not required for this year under section 144 of the trustees and examiner Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. | am qualified to undertake the examination by being a qualified member of Association of Chartered Certified Accountants.

It is my responsibility to:

@ examine the accounts under section 145 of the Charities Act,
e to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
e to state whether particular matters have come to my attention
Basis of independent My examination was carried out in accordance with general Directions given by the Charity
examiner’s statement 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.
Independent = !n connection with my examination, no material matters have come to my attention (other
examiner's statement than that disclosed below *) which gives me cause to believe that in, any material respect: e the accounting records were not kept in accordance with section 130 of the Charities Act; or
e the accounts did not accord with the accounting records; or
e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

| have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Please delete the words in the brackets if they do not apply.

Name: | Charles Agyeman

Relevant professional | Association of Chartered Certified Accountants qualification(s) or body

(if any):

Address: | 64 Hainault Road,

Chigwell, Essex IG7 5DQ