2023-04-30-accounts

Crystal House Suit 6B New Bedford Road Luton LU1 1HS Tel: [phone] Email: [e-mail]

M&D Accountancy Ltd

TRUSTEES’ REPORT FOR THE YEAR ENDED APRIL 30, 2023 House of Prayers and Dominion Chapel UK Limited

The trustees are pleased to present their report for the year ending April 30, 2023 for the charity, House Prayer and Dominion Chapel UK Limited with charity number 1152697 .

The Trustees of the charity are:

1 LAWRENCE K. WIAFE 2 JOYCE OBIRI-YEBOAH 3 EMMANUELA ASAMOAH

The principal address of the charity is:

49 GROVE ROAD HOUGHTON REGIS DUNSTABLE LU5 5PD

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a declaration of trust that was executed 30TH April 2013. The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit of members in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation held successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held several conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community.

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Crystal House Suit 6B New Bedford Road Luton LU1 1HS Tel: [phone] Email: [e-mail]

M&D Accountancy Ltd

FINANCIAL REVIEW

Bank accounts have remained in credit throughout the year in line with the Trustees strict policy of only committing to expenditure once funds are in place to complete such projects.

The trustees are pleased to report they are satisfied with the year’s financial results in the light of the UK's continued economic downturn, but feel something must be done to return the Church's regular giving to past levels.

The Trustees meet regularly to ensure that the Charity does not commit to expenditure beyond its' means. As such the Trustees do not believe that a specific reserves policy is required. However, as a guard against contingencies the Trustees ensure that the Charity always has a minimum resource available. Generally, liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to the expenditure. The funds available to the charity for the financial year ending April 30, 2023 amounted £75,182; which comprises of Tithes, Offerings and Donations amounting to £65,078, and HMRC Grant of £10,104. The operational activities and financing have been well managed over the periods, and the charity is still in a good position to manage its on-going and futures operations within its financial generation limits.

RESERVES AND INVESTMENT POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the main reserves of the charity capable of being able to cover at least 3 months’ expenditures necessary to carry out the main objectives of the association. The charity has the policy to invest excess funds as it becomes feasible in safe and ethical ventures and investible sources. The charity will seek to maintain this level throughout the year. At no time during the year in question did the Charity have sufficient liquid funds to warrant an investment policy.

RISK MANAGEMENT

The Trustees review the Charity's exposure to internal and external risks on an ongoing basis. This has resulted in the creation of a Child Protection Policy, an Equal Opportunities Policy and a Health and Safety Policy, all of which are reviewed regularly.

The Trustees are aware of the requirement to record such assessments and to ensure that systems are established to enable external risks to be assessed and mitigated. The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

GRANT MAKING POLICY

The Charity does not necessarily make grants; however, the Trustees may consider to make contribution to other community activities and events in furtherance of the Charity's aims and objectives.

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Crystal House Suit 6B New Bedford Road Luton LU1 1HS Tel: [phone] Email: [e-mail]

M&D Accountancy Ltd

TRUSTEE RESPONSIBILITIES

Under the Charities Act 1993, the Trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

1. Select suitable accounting policies and apply them consistently.

2. Make judgements and estimates that are reasonable and prudent.

3. State whether the applicable accounting standards have been followed.

4. Prepare financial statements on an ongoing basis.

In this regards, the Trustees are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 1993.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

TRUSTEES

The Trustees also constitutes the Board of Management for the Charity. Those persons who served on the Board of Management of the Charity during the year under review were as follows:

1. LAWRENCE K. WIAFE

2. JOYCE OBIRI-YEBOAH

3. EMMANUELA ASAMOAH

DECLARATION

This declaration is hereby made to confirm that, the Trustees have approved the Report above as representing the true and fair state of affairs of the charity for the period ending April 30, 2023.

Lk wiafe JObiri-Yeboah

…………………………………………………………………… ……………………………………………………… LAWRENCE K. WIAFE JOYCE OBIRI-YEBOAH {August 07, 2023} {August 07, 2023}

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	HOUSE OF PRAYERS AND DOMINION UK LIMITED Charity Name	HOUSE OF PRAYERS AND DOMINION UK LIMITED Charity Name	HOUSE OF PRAYERS AND DOMINION UK LIMITED Charity Name	1152697 No (if any)	1152697 No (if any)	CC16a
	For the period from	01/05/2022 Period start date	To	30/04/2023 Period end date
Section A Receipts and payments
Ref:061000047422 A1 Receipts	Unrestricted funds to the nearest £ 65,078 10,104 - - - - - - 75,182 - - - 75,182 3,668 4,240 7,778 1,582 31,000 8,196 1,785 4,596 875 63,720 - - - 63,720 11,462 - 2,237 13,699	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £	Total funds to the nearest £ 65,078 10,104 - - - - - - 75,182 - - - 75,182 3,668 4,240 7,778 1,582 31,000 8,196 1,785 4,596 875 63,720 - - - 63,720 11,462		Last year to the nearest £
Tithes and Offerings	65,078		- - - - - - - - -	65,078		69,493
HMRC Grant	10,104			10,104		-
Bank Loan[barclays Bank]	-			-		-
	-			-		-
	-			-		-
	-			-		-
	-			-		-
	-			-		-
Sub total(Gross income for AR)	75,182			75,182		69,493
A2 Asset and investment sales, (see table).
	-		- - -	-		-
	-			-		-
Sub total	-			-		-
Total receipts A3 Payments
			-	75,182		69,493
Vehicle & Public LiabilityInsurance	3,668		- - - - - - - - - -	3,668		2,576
Equipment HiringExpenses	4,240			4,240		969
Repairs and Maintenance	7,778			7,778		4,031
Travel and Subsistance	1,582			1,582		28,817
Rent and Rates	31,000			31,000		22,577
CommunityEvents	8,196			8,196		3,709
Stationeryand Printing	1,785			1,785		870
Charatable Donations	4,596			4,596		850
Financial Charges	875			875		210
**Sub total **	63,720			63,720		64,608
A4 Asset and investment purchases, (see table)
Microphone, Keyboards & Drums	-		- - -	-		2,100
	-			-		-
**Sub total **	-			-		2,100
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
			-	63,720		66,708
	11,462	-	-	11,462		2,785
	-	-	- -	-		-
	2,237	-		2,237		2,237
	13,699	-	-	13,699		5,022

CCXX R1 accounts (SS)

09/08/2023

1

Section B Statement of assets and liabilities at the end of the period

Categories B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B3 Investment assets	Details Muscial Equipments Fixtures and Fittings Vehicle - Mercedes Benz Cash at Bank Cash in Hand Details Details Total cash funds (agree balances with receipts and payments account(s)) Details	Unrestricted funds to nearest £ 10,770 2,929 - 13,699 OK Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs Unrestricted Funds Unrestricted Funds Lease	Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) 4,750 3,800 24,000 - - - - - -	Endowment funds to nearest £
				-
				-
				-
				-
				OK
				Endowment funds to nearest £
				-
				-
				-
				-
				-
				-
				Current value (optional)
				-
				-
				-
				-
				-
				Current value (optional)
	Muscial Equipments	Unrestricted Funds	4,750	2,900
	Fixtures and Fittings	Unrestricted Funds	3,800	1,940
	Vehicle - Mercedes Benz	Lease	24,000	10,160
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-

Signed by one or two trustees on behalf of all the trustees B5 Liabilities	JObiri-Yeboah Signature Lk wiafe Lease - Outstanding [ Black Horse Ltd] Bank Loan [Barclays Bank ] Details	Fund to which liability relates Amount due (optional) Unrestricted Funds 10,160 Unrestricted Funds 8,074 - - - Print Name Lawrence K. Wiafe Joyce Obiri-Yeboah	When due (optional)
			30 April 2025
			30 April 2026
			Date of approval
	Lk wiafe	Lawrence K. Wiafe	07/08/2023
	JObiri-Yeboah	Joyce Obiri-Yeboah	07/08/2023

CCXX R2 accounts (SS)

09/08/2023

2

Crystal House Suit 6B New Bedford Road Luton LU1 1HS Tel: [phone] Email: [e-mail]

M&D Accountancy Ltd

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOUSE OF PRAYERS AND DOMINION CHAPEL UK LIMITED FOR THE YEAR ENDED APRIL 30, 2023

The Trustees are responsible for the preparation of the accounts and the Trustees Report for the year ending April 30, 2023. The Trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993) and that an independent examination is appropriate.

It is my responsibility to examine the accounts (under section 43(2) of the Charities Act 1993), to follow the procedures laid down by the Charity Commissioners (under section 43(7)(b) of the Charities Act 1993) and to state whether particular matters have come to my attention.

Basis of Independent Examiner's Statement

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. The examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. The accounts and associate reports also include consideration of any unusual items or disclosures in the accounts and seeking explanations from the Trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required by an audit and consequently an audit opinion is not expressed on the accounts.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention, which gives me reasonable cause to believe that in any material respect, the requirements:

• (a) To keep accounting records in accordance with section 41 of the Charities Act 1993;

• (b) To prepare accounts which accord with the accounting records and comply with accounting requirements of the Charities Act 1993; have not been met.

No other matters have come to my attention, to which, in my opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached.

DATE : AUGUST 07, 2023

MICHAEL AFFUL [FCCA, MIAB, FFA, FIPA, PGD] SUITE 6B – CRYSTAL HOUSE NEW BEDFORD ROAD LUTON

LU1 1HS