1170361 Charity Number **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM** TRUSTEES REPORT AND FINANCIAL STATEMENTS For the year ended 31st MARCH 2024 **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT** ## **BIRMINGHAM** Statement of financial activities (including Income and Expenditure Accounts) For the year ended 31st March 2024 |CONTENTS|2| |---|---| |Legal and administrative information|3| |Report of the trustees|4 – 5| |Accountants Report|6| |Statement of financial activities|7| |Balance Sheet|8| |Notes forming part of the financial statements|9 – 13| _The following pages do not form part of the statutory accounts_ Details income and expenditure account 14 ## **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM** LEGAL AND ADMINSTRATIVE INFORMATION For the year ended 31st March 2024 |Trustee|1 Rev Simon Ayodele Atunde| |---|---| ||2 Dr Michaiah Akinyele Olaniyi| ||3 Pastor Caleb Wole Ajiboye| |Management Committee|1 Rev Simon Ayodele Atunde (Minister in Charge)| ||2 Pastor Caleb Wole Ajiboye| |Charity Number|1170361| |Registered Office|23 Quarry House Close| ||Rubery| ||Birmingham| ||United Kingdom| ||B45 0HS| |Accountants|D&J Accounting Solutions| ||Kingsway House| ||40 Forgate Street| ||WR1 1EE| |Bankers|HSBC UK Bank plc| ||1 Centenary Square,| ||Birmingham| ||B1 1HQ| ||United Kingdom| ## **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM** For the year ended 31st March 2024 The trustees present their annual report and financial statements of Evangelical Church Winning All – ECWA Chapel of Investment, Birmingham for the year ended 30[th] March 2024. The Trustees confirm that the annual report and financial statements of the Charity comply with the charities act 2011, and the companies Act 2006. the church governing documentand the provisions of the statement of Recommended Practice (SORP) “Accounting and reporting by Charities issued in April 2005. ## **Method of appointment or election of trustees** The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the trust ## **Constitution Policies** The objective of the charity is the advancement of the Christian faith worldwide in accordance with the doctrine set out in the statement of believe contained in the schedule 2. the trustees must use the income and may use the capital of the trust in promoting the objects ## **Objectives of the charity, Principal Activities and Organisation of our work** The Evangelical Church Winning All – ECWA,Chapel of Investment, Birmingham is a community based charity Providing a suitable Christian principle for young people and their Families. The principal activities of the church are For the year ended 31st MARCH 2024 Jesus Christ and development of the whole man, spiritually, mentally and physically ## **Principal activities** The charity’s principal activity during the year continued to be the advancement of the Christian faith in the United Kingdom and Worldwide in accordance with the doctrine set out in the statement of believe of its trust deed and the relief of poverty to those at risk within the general public ## **Risk management** The trustee have a duty to identify and review the risks to which the charity is exposed and appropriate controls are in place to provide reasonable assurance against fraud and error. ## **Organization structure and decision making** The organization of the Charity is controlled by the Trustees ## **Review of activities** During the year the Charity received a total of £32,584.45 from Church services. The financial results from the year are shown in the annexed accounts ## **Reserves policy** It is the policy of the Trustees to work towards holding the minimum reserves necessary to enable the charity to meet its commitments for a minimum period of three months ## **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM** For the year ended 31st March 2024 ## **Trustees' Responsibilities** Charity Law applicable to charities in England/Wales requires the Trustees to prepare financial statements for each Financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the period. In preparing those financial statements the trustees have - selected suitable accounting policies and applied them consistently. - Made judgments and estimates that are reasonable and prudent. - stated whether applicable accounting standards have been followed. - subject to any material departures disclosed and explained in the financial statements, and - Prepared the financial statements on a going concern basis The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the charities Act 2011. They are also responsible for safeguarding the assets of the charity, hence taking reasonable steps for the detection and prevention of fraud and other irregularities. The report was approved by the trustees on …........................................ and signed on its behalf by Rev Simon Atunde Minister in Charge ## **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM ACCOUNTANTS REPORT TO THE TRUSTEES OF EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM** For the year ended 31st March 2024 We report on the accounts of Envangelical Church Winning All(ECWA) - Chapel of Investment, Birmingham for the year ended 30th, which is set out on pages 9 to 13 ## **Respective responsibilities of Trustees and Accountants** The trustees are responsible for the preparation of the accounts The trustees consider that an audit us not required for the year under section 144 (2) of the charities Act 2011 (the 2011 Act) and that independent examination is needed ## **It is our responsibility to:**  To follow the procedures laid down in the general directions given by the charity commission under section 145(5) (b) of the 2011 Act: and  To state whether particular matters have come to our attention ## **Basis of independent examiner's report** Our examination was carried out in accordance with the general directions given by the charity commission. An For the year ended 31st MARCH 2024 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 examiner's statement** In connection with our examination, no matter has come to our attention which gives us reasonable cause to believe that in any material respect the requirements:  To keep accounting records in accordance with section 130 of the 2011 Charities Act, and  To prepare accounts which accord with the accounting records and comply with the accounting requirement of the 2011 Act have not been met or  To which, In our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached D&J Accounting Solutions Kingsway House 40 Forgate Street WR1 1EE ## **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM** For the year ended 31st March 2024 |**Note**
**INCOMING RESOURCES**
Donations Legacies and similar incoming resourc
2|**Restricted Funds**
**Unrestricted Funds Total Funds Total Funds**
**2024**
**2024**
**2024**
**2023**
0
54433
54433
32584| |---|---| ||0
54433
54433
32584| |**RESOURCES EXPENDED**
**Charitable expenditure:**
Cost of activities in furtherance of the charity’s objects
Support costs for Church Services and Activities
3
Resources expended on Managing and administe
4|0
19962
19962
7378
0
3572
3572
7145| |**TOTAL RESOURCES EXPENDED**
5|0
23534
23534
14523| |**MOVEMENT IN TOTAL FUNDS FOR THE YEAR –**|0
30898
30898
18061| |TOTAL FUNDS AT 31ST MARCH 2024|0
30898
30898
18061| The notes on pages 9 – 13 form part of these financial statements **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM BALANCE SHEET as at 31st March 2024** |FIXED ASSETS
Note
Tangible fixed assets
8
CURRENT ASSETS
Cash at bank and in Hand
9
Debtors
9
Prepayment
9
Creditors – Amount Falling due within one year
10
NET CURRENT ASSETS
NET ASSETS
12
CHARITY FUNDS
Restricted Funds
11
Unrestricted funds
11|102405
0
0
102405|**2023**
3041
71507
0
0
71507
102405
105446
0
102405
102405|**2022**
235
71507
71742| |---|---|---|---| ||||0
71507
71507| **The financial statements were approved by the trustees on the and were signed on their behalf by:** ………………….. The notes on pages 9 – 13 form part of these financial statements **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2024** ## **1 ACCOUNTING POLICIES** ## 1.1 Basis of preparation of Financial statements The financial statements have been prepared under the historical cost convention, and in accordance with the financial Reporting Standard for Smaller entities (Effective April 2008). The financial statements have been prepared in accordance with the statement of Recommended Practice (SORP 2005). “Accounting and Reporting by Charities ACT 2011” ## 1.2 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purpose Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charity for particular purpose. The cost of raising and Administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to financial statements. ## 1.3 Incoming resources All incoming resources are included in the statement of Financial Activities when the charity is Legally entitled to the For theincome and amount can be quantified with reasonable accuracy. Gifts in kind donated for distribution are included at the valuation and recognized as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in this financial statements for services donated by volunteers Intangible income, which comprises donated services, is included in income valuation which is an estimate of the financial cost bourne by the donor where such a cost is quantifiable andmeasurable. No income is recognised where there is no financial cost bourne by a third party. Income tax recoverable in relation to donations received under gift aid or deeds of covenant is recognised at the time of the donation. ## 1.4 Resources Expended All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on basis consistent with use of the resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charity activities. Support costs are those costs incurred directly in support of the expenditure on the objects of the charity. Management and administration cost are those incurred in connection with administration of charity and compliance with constitutional and Statutory requirements ## **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2024** ## 1.5 Cash flow The financial statements do not include a cash flows statement because the charity as a small reporting entity is exempt from the requirement to prepare such statement under the Financial reporting Standard for smaller entities (effective April 2008) ## 1.6 Tangible fixed assets and depreciation Tangible fixed assets are stated as cost less depreciation. Depreciation is provided at the rates calculated to write off the cost of fixed asset less their estimated residual value over their expected useful lives on the following basis Motor Vehicle - 25% Straight Line Furnitures and Fixtures - 25% Straight Line - Church Equipment 25% Straight Line ## **2 DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES** |**Restricted Funds**
**Unrestricted**
**2024**
Church services
0
Grants
0
0|**Funds Total**
**2024**
46147
8286
54433|**Funds Total**
**2024**
46147
8286
54433|**Funds**
**2023**
32584
5370
37954| |---|---|---|---| ## **3 SUPPORT COSTS FOR CHURCH SERVICES AND CHARITABLE ACTIVITIES** |Honorarium
Property Rent
Entertainment
Evangelism
Sunday School Manual
Pastor Allowance
Choir Running Expenses
Toiletries and First Aid
Retreat and Conferences
Travel and Subsistence
Postages
Hotel & Accommodation
Welfare Expenses
Printing & Stationary
Advertisement|**Restricted Funds**
**Unrestricted Funds Total Funds Total Funds**
**2024**
**2024**
**2024**
**2023**
0
0
0
152
0
1870
1870
1724
0
186
186
1669
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3308
3308
450
0
0
0
0
0
600
600
0
0
13998
13998
3383
0
0
0
0
0
0
0
0| |---|---| |Total|0
19962
19962
7378| **EVANGELICAL CHURCH WINNING ALL (ECWA)** ## **CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2024** ## **4 Resources expended on managing and administering the charity** |Repairs
Audit & Accountancy Fees
Professional Fees
Bank Charges
Telephone & Fax
Depreciation – Motor
Depreciation – Office Equipment
Depreciation – Fixtures & Fittings|Restricted Funds Unrestricted Funds Total Funds Total Funds
2024
2024
2024
2023
£
£
£
£
0
0
0
0
0
1680
1680
1700
0
0
0
535
0
60
60
63
0
0
0
0
0
779
779
353
0
0
0
0
0
1053
1053
118
0
3572
3572
2768| |---|---| ## **For tANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE** |Wages and salaries
Support costs for church services and charitable activities
Resources expended on managing and administering the charity
Total Resources Expended|Other Costs
Total
Total
2024
2024
2023
£
£
£
0
0
0
19962
19962
7378
3572
3572
2768
0
0
23534
23534
10147| |---|---| ## **6 NET INCOMING RESOURCES (RESOURCES EXPENDED)** |This is stated after charging Depreciation of tangible fixed assets owne
Audit & Accountancy Fees
Professional Fees|Total
Total
2024
2023
£
£
0
0
1680
1700
0
535| |---|---| ||1680
2235| ## **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2024** During the year no trustee received any Remuneration (2024 - £Nil) During the year no trustee received any Benefit in kind (2024 - £Nil) During the year no trustee received any reimbursement of expenses (2024 - £Nil) ## **7 STAFF COSTS AND NUMBERS** |Staff costs were as follows
Wages and salaries
The average monthly number of employees during the year was as follows
Administrative|2024
2023
£
£
0
0
2024
2023
£
£
0
0| |---|---| No employee received remuneration amounting to more than £50000 in either year ## **For tTANGIBLE FIXED ASSETS** |Motor Vehicles
Equipment
£
£
Cost
0
0
At 1st April 2023
0
0
Addition in year
0
353
At 30th March 2024
0
3741
0
4094
Depreciation
At 1st April 2023
0
0
Addition in year
0
118
At 30th March 2024
0
935.25
0
1053.25
Net Book Value
At 1st April 2023
0
0
At 30th March 2024
0
235
**DEBTORS**
Due within one year
Cash in hand and at bank
Debtors
Prepayments|Fixtures & Fitting Total
£
£
0
0
0
0
0
353
0
3741
0
4094
0
0
0
118
0 935.3
0
1053
0
0
0
235
2024
2023
£
£
0
0
102405.48 71507
0
0| |---|---| ||102405.48 71507| ## **9 DEBTORS** **EVANGELICAL CHURCH WINNING ALL (ECWA)** ## **CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2024** ## **10 Creditors** |Amount falling due within one year
Bank Loan and overdrafts
Accruals
Tax & National Insurance Contribution|2024
2023
£
£
0
0
0
0
0
0
0
0
0
0| |---|---| ## **11 Statement of Funds** |Unrestricted Funds
General Funds
General Funds 1
Subtotal
For thRESTRICTED FUNDS
Restricted funds
SUMMARY OF FUNDS
General Funds
Restricted Funds|Brought Forward Incoming Resources Resources Expended Carried Forward
£
£
£
£
71507
54433
23534
102405
0
0
0
0
71507
54433
23534
102405
0
0
0
0
71507
54433
23534
102405
£
£
£
£
71507
54433
23534
102405
0
0
0
0| |---|---| |Total Funds|71507
54433
23534
102405| ## **12 ANALYSIS OF NET ASSETS BETWEEN FUNDS** |Tangible Fixed Assets
Debtors due after more than 1year
Current assets
Creditors dues within one year|Restricted Funds
Unrestricted Funds
Total Funds Total Funds
2023
2023
2023
2022
£
£
£
£
0
3041
3041
0
0
0
0
0
0
102405
102405
71507
0
0
0
0| |---|---| |Total|0
105446
105446
71507| ## **EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM** Income amd Expenditure statement For the year ended 31[st] March 2024 |**INCOME**
Tithes
Offering
Thanksgiving
Other income (Women Fellowship)
Gift Aid
**LESS: EXPENDITURE**
Wages & Salaries
National Insurance Contributions
Property rent and rate
Sunday School Manual
Printing & stationery
Hotel & Accommodation
Honorarium
Evangelism
Entertainment
Pastor’s allowance
Retreat and conference
Events – New year dinner & Funday)
Welfare Expenses
Postages
IT Software and Consumables
Toiletries and first aid
Travel and Subsistence
Telephone & Fax
General Expenses - Birmingham City Miss
Advertisement
Professional Fees
Audit & Accountancy fees
Repairs
Bank charges
Depreciation – Motor Vehicles
Depreciation – Equipment
Depreciation – Fixture and fittings
TOTAL EXPENDITURE
NET INCOME FOR THE YEAR|£
£
£
£
40365.49
17533
5781.55
14881.45
0
0
0
150
8285.59
5369.63
54433
37934
0
0
0
0
1870
1724
0
0
0
0
0
0
0
152.49
0
0
186
1669
0
0
0
0
0
0
13998
3383
0
0
779.44
352.68
0
0
3308
450
0
0
600
0
0
0
0
535
1680
1700
0
0
60
63.2
0
0
1053
117.5
0
0
23534
10147
30898
27787
2024
2023| |---|---|