## **Trustees’ Annual Report for the period**
**From 01[st] January 2021 Period start date To 31[st] December 2021 Period end date**
## **Charity name: SHEEPFOLD - UK**
## **Charity registration number: 1153614**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The advancement of the Christian religion.
General charitable purposes
Education/training
The prevention or relief of poverty
Overseas aid/famine relief
Religious activities|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|The church normally hosts one worship on a
Sunday morning at 10.00 am. Occasionally
on special occasions, two services are held,
one in the morning and another late
afternoon to cater for the increase in
worshippers.
A midweek service and a Bible Study is held
on a Thursday evening, and a bible school is
held on Tuesday morning where participants
can gain a certificate in bible studies.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The charity trustees, in making decisions
have had due regard for the charities
commission’s public guidance|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Worship and Prayer
The church normally hosts one worship on a
Sunday morning at 10.00 am. Occasionally
on special occasions, two services are held,
one in the morning and another late
afternoon to cater for the increase in
worshippers.
A midweek service and a Bible Study is held
on a Thursday evening, and a bible school is
held on Tuesday morning where participants
can gain a certificate in bible studies.
The regular congregations are a mixture of
age groups, nationalities and backgrounds
and everyone who comes through the doors
is afforded a friendly welcome.
Service books, hymn books and pew Bibles
are provided as well as printed sheets when
appropriate. Audio visual protection is also
used and all appropriate copyright licences
are held.
Average attendance at is 50 with many
housebound or infirm and others not
attending regularly because of work or family
commitments. A CD recording of each
service is made available for the
housebound.
The Church Premises
The Church premises are extensively used
by the local community as well as by Church
members. The main halls at both sites are
available at weekends for children's birthday
parties.
We have been running a food bank for the
community since August 2012. This has
been very successfully staffed by volunteers
from among the church membership as well
as non members. It is open daily on request
to enable member to pray.
Cleaning of the church is carried out by
volunteers but Maintenance of the premises
is always an ongoing expense.
Outreach
Weekly evangelism is held every Saturday.
We also hold praise night from time to time
as a way of outreach.
Mission
The Church supports Mission in Britain as
well as Mission in the Wider World. These
funds are well supported by the members of
the church as well as other charities.|
Various other charities are supported annually both local and worldwide e.g. Orphanage in Ghana, other community causes. Over £5,000 was distributed to other charities and as donations to support individuals during the year Furthering the Objectives The charity requires that all bone fide members must be born again Christians, who publicly and openly profess to have consciously and willingly accepted Jesus Christ as Lord and Saviour of their lives. The charity shall be maintained and operated by means of contributions from members, private individuals, organisations or associations who share the objectives and aspirations of the charity and from revenues derived from its assets or business All donations and contributions are nonrefundable and shall be disbursed as the trustees see fit. A member may be dismissed or excluded at any time if it is in the interest of the chanty. On the dismissal or exclusion of a member, the latter cannot make claims to any of the charity's assets, possessions or funds no matter the extent or amount of donations and contributions ever made to the charity The charity requires that all members believe that all activities of their lives must be guided and directed aright by the Word of God, which is the Bible Every member of the charity shall be free to leave the charity at any time. All leaders of any kind or occupying whatsoever position shall have a higher requirement and responsibility and must fulfil the following five (5) rules for leadership within the charity They must:a. be unambiguous bona fide born again Christians; b. be filled with the Holy Ghost and speak in Tongues; c. demonstrate a character above reproach; d. believe in and adhere to the Founding Ideals, viz. the Vision, Doctrines, Principles, Philosophy, Practices, Standards, and Spirit of the Ministry of the chanty, and e. have unflinching loyalty to the charity.
|**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|The charity aims to achieve its objective of
preaching the Word of God through regular
Sunday church meetings as well as one mid-
week service.
There are also special one-off programmes
such as conventions where visiting ministers
are invited to preach and minister the Word
of God. Members are also trained to live
morally upright lives and be good examples
in the communities in which they live.
The charity serves to provide a means
through which people can seek God and
lead lives based on sound Christian doctrine
The main church has an adult and youth
choir that spreads the Gospel of Jesus
Christ through Gospel concerts and singing
during regular Church services.|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21||
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The trustees have reviewed the reserves
policy. The trustees are of the opinion that
the reserves should be at a level which can
enable the chanty to function for a minimum
period of one year in the absence of any
incoming resources.
Therefore the trustees recommend that any
excess of income over expenditure should
continue to be retained until such level is
reached.|
|Amount of reserves held|Para 1.22|**£0**|
|**Additional information (optional)**|**Additional information (optional)**||
|---|---|---|
|Youmay choose toincludefurtherstatements||whererelevant about:|
|||The charity is maintained and operated by|
|||means of contributions from members,|
|The charity’s principal||private individuals, organisations or|
|sources of funds (including|Para 1.47|associations that share the objectives and|
|any fundraising)||aspirations of the charity and from revenues|
|||derived from its assets or business. All|
|||donations and contributions are non-|
|||refundable and shall be disbursed as the|
|||trustees see fit.|
|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|**Additional information (optional)**
Youmay choose toincludefurtherstatementswhererelevant about:|
|---|---|---|
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The charity is maintained and operated by
means of contributions from members,
private individuals, organisations or
associations that share the objectives and
aspirations of the charity and from revenues
derived from its assets or business. All
donations and contributions are non-
refundable and shall be disbursed as the
trustees see fit.|
|A description of the principal
risks facing the charity|Para 1.46|Future Developments
The trustees plan to grow the membership
from its present level and will continue to
focus on refining and
developing existing operations to the highest
possible standards.
Regarding the financial position of the
charity, the trustees are pleased both at the
balance sheet date and at the date of the
trustees' report The outlook for the continued
operations of the charity remains good
The Trustees confirm that in their opinion:—
Adequate assets are available to fulfil the
obligations of the charity, having regard to
any likely delays or shortfalls in realising
assets into cash
No commitments or guarantees have been
undertaken, other than those disclosed in
the accounts|
|Other||Volunteers
The Trustees would like to thank all those
who work in a volunteer capacity to enable
the smooth running of the Church in all its
facets As can be seen, the church is an
organisation devoted to providing public
benefitwiththe assistance of itsmembers.|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|The governing document of the charity is the
Charitable Association Model Constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Unincorporated|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The recruitment and appointment of new
trustees is by recommendation and election
at general meetings by the existing trustees.|
|**Additional information (optional)**
You may choose to include further statements||where relevant about:|
|Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|All trustees give of their time freely and
attend regular services and seminars|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The charity is managed and controlled by
the trustees, using the model constitution
adopted.
Trustees meet at least four times during the
year to make management and policy
decisions.|
|Relationship with any related
parties|Para 1.51|The trustees are of the opinion that no
related party transactions took place during
the year under review|
|Other||The trustees have a duty to identify and
review the risks to which the charity is
exposed and to ensure
appropriate controls are in place to provide
reasonable assurance against fraud and
error. The trustees
continue to work closely with the auditors
and accountants to ensure that the charity is
well run and
managed. The trustees are pleased with the
organisationandmanagement ofthe charity.|
## **Reference and Administrative details**
|Charityname|Sheepfold-UK|
|---|---|
|Other name the charity uses|The Pleasant Place Church|
|Registered charitynumber|1153614|
|Charity’s principal address|4 – 6 London Road
Crayford
Dartford
Kent
DA1 4BH|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Richard Otu||||
||Edwin Samuel
Lathbridge||||
||Epraim Amoah||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**
**adviser **|**Name**
**Address**|**Name**
**Address**|
|---|---|---|
|Independent
Examiner|Isaac Darkwa (FCCA)|4 – 6 London Road, Crayford, Kent, DA1 4BH|
|Accountant|Samuel Nti (FCCA)|4 – 6 London Road, Crayford, Kent, DA1 4BH|
||||
||||
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
> **Signature(s)** R. Otu **Full name(s)** Reverend Richard Otu **Position (eg Secretary,** Head Pastor **Chair, etc) Date** 28. 10. 2021
||Charity No
(if any)
**1153614**
Period start date
**01st January**
**2021**
**To**
Period end
date
**31st December**
**2021**
**Sheepfold - UK**
Annual accounts for the period|Charity No
(if any)
**1153614**
Period start date
**01st January**
**2021**
**To**
Period end
date
**31st December**
**2021**
**Sheepfold - UK**
Annual accounts for the period|
|---|---|---|
|**Section A**|s
**Statement of financial activities**||
|**Recommended categories by**
**activity**
Guidance Note
**Incoming resources (Note 3)**
**Income and endowments from:**
Voluntary Income
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
1
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
56,922
-
-
56,922
89,580
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2
-
-
2
7|
|||56,924
-
-
56,924
89,587|
|||5,488
-
-
5,488
6,936
11,832
-
-
11,832
9,654
53,837
-
-
53,837
47,587
1,432
-
-
1,432
4,402|
|||72,589
-
-
72,589
68,579|
||||
|||15,665
-
-
-
15,665
-
21,008|
|||-
-
-
-
-|
|||15,665
-
-
-
15,665
-
21,008|
|||-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
|||15,665
-
-
-
15,665
-
21,008|
|||38,779
-
-
38,779
17,771|
|||23,114
-
-
23,114
38,779|
||||
## **Section B Balance sheet**
|**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**£**
**£**
F01
F02
B01
- -
B02
- -
B03
- -
B04
- -
B05
- -
B06
- -
B07
9,400 -
B08
- -
B09
13,714
-
B10
23,114
-
B11
- -
B12
23,114
-
B13
23,114
-
B14
- -
B15
- -
B16
23,114 -
B17
-
B18
-
B19
23,114
B20
B21
23,114
-
Signature
R. Otu|**Unrestricted**
**funds**
**£**
F01
-
-
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
- -
- -
- -
- -|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|---|
||||||-
-
-
-|
|||-|-|- -|-|
|||-
9,400
-
13,714|-
-
-
-|- -
- 9,400
- -
- 13,714||
||||||-
9,400
-
29,379|
|||23,114|-|- 23,114|38,779|
||||||-|
|||-|-|- -||
|||||||
|||23,114|-|- 23,114|38,779|
|||||||
|||23,114|-|**-**23,114|38,779|
||||||-
-|
|||-
-|-
-|- -
- -||
|||||||
|||23,114|-|-
23,114|38,779|
|||-
23,114|-|-
-
- 23,114
-||
||||||-
-
38,779|
|||23,114|-|- 23,114|38,779|
|||||Richard Otu
Print Name|Date of
approval
dd/mm/yyyy
28/10/2021|
CC17a (Excel)
21/12/2022
2
## **Section C Notes to the accounts**
Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
|• and with*
• and with*
The charity cons
FRS 102.*
• and with the C
* -Tick as appropr|
titutes a public benefit entity as defined by
harities Act 2011.
iate
the Statement of Recommended
preparing their accounts in accord
in the UK and Republic of Ireland
the Financial Reporting Standard
Ireland (FRS 102)|Practice: Accounting and Reporting by Charities
ance with the Financial Reporting Standard applicable
(FRS 102) issued on 16 July 2014
applicable in the United Kingdom and Republic of|
|---|---|---|
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
**----- Start of picture text -----**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy;
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.
**----- End of picture text -----**
**----- Start of picture text -----**
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes*
No* * -Tick as appropriate
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
**----- End of picture text -----**
## **1.5 Material prior year errors**
|Yes*
No*
No material prior
**_Please disclose_**|year erro|r have been identified in the reporting period (3.47 FRS 102 SORP).|
|---|---|---|
||
|* -Tick as appropriate|
||**_:_**||
_**(i) the nature of the prior period error;**_
_**(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_
- _**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
CC17a (Excel)
21/12/2022
3
## **Section C Notes to the accounts**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
**----- Start of picture text -----**
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING
PRACTICE
Please provide a description
of the nature of each change
in accounting policy
Reconcilation of funds per previous GAAP to funds determined under FRS 102
Start of End of
period period
£ £
Fund balances as previously
stated
Adjustments:
Fund balance as restated
Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102
End of
£
Net income/(expenditure) as previously
stated
Adjustments:
Previous period net income/(expenditure) as
restated
**----- End of picture text -----**
CC17a (Excel)
21/12/2022
4
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
**----- Start of picture text -----**
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a
different or additional policy has been adopted then this is detailed in the box below.
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and Yes No N/a
the monetary value can be measured with sufficient reliability.
Yes No N/a
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
Offsetting permitted by the FRS 102 SORP or FRS 102.
Yes No N/a
Grants and donations are only included in the SoFA when the general income recognition
Grants and donations criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent Yes No N/a
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has Yes No N/a
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
Yes No N/a
Government grants The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Tax reclaims on Any Gift Aid amount recovered on a donation is considered to be part of that gift and is Yes No N/a
donations and gifts treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
Yes No N/a
Contractual income and This is only included in the SoFA once the charity has provided the related goods or
performance related services or met the performance related conditions.
grants
Yes No N/a
Donated goods are measured at fair value (the amount for which the asset could be
Donated goods
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
Yes No N/a
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
Yes No N/a
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Yes No N/a
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Yes No N/a
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Yes No N/a
Donated services and Donated services and facilities are included in the SOFA when received at the value of
facilities the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as income Yes No N/a
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.
Yes No N/a
Support costs The charity has incurred expenditure on support costs.
Yes No N/a
The value of any voluntary help received is not included in the accounts but is described
Volunteer help
in the trustees’ annual report.
Yes No N/a
Income from interest, This is included in the accounts when receipt is probable and the amount receivable can
royalties and dividends be measured reliably.
Yes No N/a
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations
subscriptions and Legacies.
Membership subscriptions which gives a member the right to buy services or other Yes No N/a
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Settlement of insurance Insurance claims are only included in the SoFA when the general income recognition Yes No N/a
claims criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
**----- End of picture text -----**
|**2.4 ASSETS**
**Intangible fixed assets**
**Heritage assets**
**Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
**Current asset investments**
The charity has has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
**Stocks and work in**
**progress**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
They are valued at cost.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 9.2.
They are valued at cost.
**Investment gains and**
**losses**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial**
**instruments**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
These are capitalised if they can be used for more than one year, and cost at least
**Redundancy cost**
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.|Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
Yes
No
N/a
|
|---|---|
**----- Start of picture text -----**
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
**----- End of picture text -----**
**Section C Notes to the accounts (cont)**
**----- Start of picture text -----**
Note 3 Analysis of income
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 56,922 - - 56,922 89,580
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - - - - -
Membership subscriptions and sponsorships
which are in substance donations - - - -
Donated goods, facilities and services - - - - -
Other 2 - - 2 7
Total 56,924 - - 56,924 89,587
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 56,924 - - 56,924 89,587
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
**----- End of picture text -----**
CC17a (Excel)
21/12/2022
8
**Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-
-
-
**Total**
-
-
**Description**|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-
-
-
**Total**
-
-
**Description**|
|---|---|---|
||||
CC17a (Excel)
21/12/2022
9
**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
|**Use of property**
**Other**
**Seconded staff**||**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-|
|---|---|---|
|||-
-|
||||
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|||
|**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income**
**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers**|||
CC17a (Excel)
21/12/2022
10
## **Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
|**TOTAL EXPENDITURE**
**Total other expenditure**
Telephone & Computer
Professional Fees & Depreciation
General Expenses
Donations
Incurred seeking donations
**Expenditure on**
**charitable**
**activities**
Local Projects
Tithe to HQ
**Total expenditure on charitable**
**activities**
**Other**
**Total expenditure on raising funds**
**Total**
Events & Conferences
Travellling expenses
Printing & Stationery
**Office /**
**Maintenance**
**costs**
Rent & Rates
Heat, Light & Power
Maintenance
**Analysis**
**Expenditure on**
**raising funds:**
Incurred seeking legacies|Incurred seeking donations
**Analysis**
Incurred seeking legacies|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
5,488
- - 5,488 6,936
- - - -
-
- - - -
-
5,488
- - 5,488 6,936
6,850
- - 6,850 282
1,200
- - 1,200 1,272
3,782
- - 3,782 5,600
- - - - 2,500
11,832
- - 11,832 9,654
48,122
- - 48,122 44,585
5,715
- - 5,715 2,167
- - - - 835
- - - -
-
53,837
- - 53,837 47,587
-
- - -
-
305
- - 305
863
720
- - 720
1,976
407
- - 407
-
-
- - - 1,563
1,432
- - 1,432
4,402
72,589
-
-
72,589
68,579|
|---|---|---|
||||
## **Other information:**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
Grant
Activity or funding Support Total this Total
Activities undertaken directly
programme of Costs year prior year
activities
£ £ £ £ £
Activity 1
Activity 2
Other
Total
**----- End of picture text -----**
**Prior year expenditure on charitable activities can be analysed as follows:**
**Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)**
CC17a (Excel)
21/12/2022
11
## **Section C Notes to the accounts (cont)**
## **Note 14 Tangible fixed assets**
_**Please complete this note if the charity has any tangible fixed assets**_
## **14.1 Cost or valuation**
**----- Start of picture text -----**
Freehold land Other land & Plant, Fixtures, Total
& buildings buildings machinery and fittings and
motor vehicles equipment
£ £ £ £ £
At the beginning of - - - 7,811 7,811
the year
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - 7,811 7,811
14.2 Depreciation and impairments
**Basis SL or RB SL or RB SL or RB SL or RB SL or RB Straight Line
("SL") or
Reducing
Balance
("RB")
** Rate 20% SL 20% SL
At beginning of the - - - 7,811 7,811
year
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - 7,811 7,811
14.3 Net book value
Net book value at the - - - - -
beginning of the year
Net book value at the - - - - -
end of the year
14.4 Impairment
Please provide a description of the events and
circumstances that led to the recognition or
reversal of an impairment loss.
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide:
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant
assumptions
the carrying amount that would have been
recognised had the assets been carried under
the cost model.
14.6 Other disclosures
(i) Please state the amount of borrowing costs,
if any, capitalised in the construction of tangible
fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual
commitments for the acquisition of tangible
fixed assets.
(iii) Details of the existence and carrying
amounts of property, plant and equipment to
which the charity has restricted title or that are
pledged as security for liabilities.
**----- End of picture text -----**
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight_
CC17a (Excel)
21/12/2022
12
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
|**_Please complete this note if the charity has any_**
**_debtors or prepayments._**
**Note 19 Debtors and prepayments**||
|---|---|
|**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**Last year**
**£**
**£**
- -
- -
9,400.0 9,400.0|
||9,400.0 9,400.0|
|||
## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
|**Prepayments and accrued income**
**Other debtors**
**Total**
**Trade debtors**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -|
|---|---|
||- -
|
CC17a (Excel)
21/12/2022
13
**Section C Notes to the accounts (cont Note 24 Cash at bank and in hand**
|**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**Last year**
**£**
**£**
- -
- -
16,951 29,379
- -
16,951 29,379|
|---|---|
CC17a (Excel)
21/12/2022
14
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**|**Charity Name**
**SHEEPFOLD - UK**|**Charity Name**
**SHEEPFOLD - UK**|**Charity Name**
**SHEEPFOLD - UK**|
|---|---|---|---|
|||||
||**31st December 2021**|**Charity no**
**(if any)**|**1153614**|
|||||
||**1 to 2**
(remember to include the page numbers of additional sheets)|||
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **DD / MM / YYYY** .
**Responsibilties and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust‟s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** [The charity‟s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of [insert name of applicable listed body]]. _Delete_ [ ] _if not applicable._
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- 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.
I have no concerns and 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._
**Signed:** Isaac Darkwa **Date: 28[th] October 2022 Name: Isaac Darkwa**
## **Relevant professional FCCA, FFA, CGA, MBA qualification(s) or body**
**Oct 2018**
**IER**
1
## **(if any):**
**Address: 2 – 4 London Road**
**Crayford, Kent DA1 4BH**
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
**Oct 2018**
**IER**
2