# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020**
## **DOMINION CITY CHURCH**
**CHARITY REGISTRATION NUMBER: 1154473**
Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD
1
## **DOMINION CITY CHURCH**
|**INDEX**
**Index**
**Legal & Administrative**
**Trustee’s Report**
**Independent Examiner’s Report**
**Receipts and Payments Account**
**Statement of Assets and Liabilities**
**Notes on the Financial Statements**|**Page**
**2**
**3**
**4-7**
**8**
**9**
**10**
**11**|
|---|---|
2
## **DOMINION CITY CHURCH**
## **LEGAL AND ADMINSTRATIVE INFORMATION**
**CHARITY NUMBER 1154473 END OF FINANCIAL YEAR 31 OCTOBER 2020**
**TRUSTEES AT 31 OCTOBER**
**MR MICHAEL OCHEI MR IKENNA DURU MRS AMAKA DONALD GOVERNING DOCUMENT TRUST DEED**
**REGISTERED ADDRESS 17-19 TAYLOR STREET LUTON LU2 0EY**
**PRIMARY BANKERS BARCLAYS BANK PLC INDEPENDENT EXAMINERS GIFT AID SERVICES LTD 63 WANSFORD ROAD WOODFORD GREEN ESSEX IG8 7AD**
3
## **DOMINION CITY CHURCH**
## **TRUSTEES REPORT FOR YEAR ENDED 31 OCTOBER 2020**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
Dominion City Church is a charity created by Trust Deed and is a registered charity with the Charity Commission.
## **Aims and Objectives**
The charity is established to provide an enabling environment for worshipping God, and to advance the Christian faith. This is achieved by evangelizing the community, demonstrating the power of God and fellowshipping with one another, baptizing and teaching the saints the word of God from the Bible.
## **The objectives are**
- The advancement of the Christian Faith for the benefit of the public through the holding of prayer meetings, lectures, producing and or distributing literature on Christian Faith to enlighten others about the Christian religion.
## **Activities**
1. Regular outreach programmes are organized to witness to the members of the public.
2. Weekly bible studies and discussions.
3. Weekly prayer meeting, praying for the community, governments and members.
4
## **DOMINION CITY CHURCH**
## **REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 OCTOBER 2020**
The following is an account of the activities, events and general progress of Dominion City Ministries.
The Ministry continues to establish and develop Dominion City objectives of preaching the Word of God, training and developing people to be useful and relevant leaders in the society and equipping members with both spiritual and intellectual upliftment, which are at present the primary activity of the ministry.
## **MEMBERSHIP**
The church membership has been growing steadily which is as a result of the positive impacts we have been having in our neighborhoods. Also, we have since spread to other localities not just in London as a result of our church members relocating to different cities. We have church fellowship meetings in Luton, Birmingham, Manchester, Leicester, Peterborough and Coventry.
## **NURTURING THE CHURCH**
The following meetings are held weekly, monthly or fortnightly as the case may be.
- Sunday Service
- Tuesday/Wednesday midweek service
- Prayer meetings
- Friday leaders training meeting
## **CAMPUS MINISTRY**
The ministry has been making significant impact in the universities in our locality. Presently members of the church have registered a youth club in the University of East London, Coventry University and the University of Bedfordshire. The youth clubs are geared at providing training to students at the university based on bible teaching, focusing on character development, mental development and skill development.
## **CHILDREN’S MINISTRY**
Every Sunday there is a crèche organised for parents that come with their children where the children get the opportunity to learn bible teachings, good morals and values and have a wonderful experience with other children.
## **TRUSTEE MEETING**
The trustees hold meetings quarterly during which the progress of the ministry is discussed and plans to increase, train and equip its members are explored. Also, initiatives on how to have a positive impact in the neighborhood and community are discussed in the meetings. Financial matters and asset acquisition are also discussed.
5
## **GENERAL INFORMATION**
## **The impact of the lockdown and strategies of recovery**
The pandemic has had a huge impact on every aspect of the church especially financially. The church has had to support a lot of the members’ welfare during this past year, especially in the lockdown, in different capacity like rent and feeding expenses. The church also had members who died and have had to support their families with funeral and welfare expenses.
The membership of the church was also affected in this past year, some members are yet to return since after the lockdown. However, the churches in the different locations are actively involved in evangelism and outreach to recruit new members who will join to grow the vision of the charity.
## **CONCLUSION**
The commitment of the members to the vision of Dominion City has allowed us to maintain a vibrant, multi-cultural and healthy environment for spiritual and natural growth. We are proud of this growth but willing to improve upon to meet the objectives and goals of Dominion City and the divine purpose He has for this church. We are grateful unto God for how far God has brought us.
## **Financial Review and Reserves Policy**
The income of the charity for the year was £73,091 by way of Donations.
The cost of charitable activities was **£156,647** . This was spent directly and indirectly to support the charities activities. At the end of the year there was a favorable net movement of funds amounting to ( **£83,556).** At the end of the year, 31 October 2020, there was an unrestricted fund balance amounted to **£5,380** . The charity’s policy is to retain reserves, in the form of unrestricted funds, to a level where they equate in value approximately 12 months expenditure. This should provide a reasonably secure financial base on which to plan future projects and commit to related expenditure, before external funding has been fully secured. The charity is reviewing its reserves policy so that the charity would be able to continue its current level of activities in the event of a significant drop in funding.
6
## **DOMINION CITY CHURCH**
## **Charity Examiners**
It was agreed to appoint Olivia Gerrar as the Independent Examiner.
Approved: By the Trustees…………………………... Dated …………………………
## **STATEMENT OF TRUSTEES RESPONSIBLITIES**
Under the Charities Act 1993, the trustees are required to prepare a statement of accounts for the 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 judgments 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
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the charity 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 take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on …………………………… June 2021 and
Signed on their behalf by:………………………………………………, Trustee.
7
## **DOMINION CITY CHURCH**
## **INDEPENDENT EXAMINER REPORT TO THE TRUSTEES OF DOMINION CITY CHURCH**
I report on the accounts of the Charity for the year ended 31 October 2020, which are set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the charity are responsible for the preparation of accounts: they consider that the audit requirement under section 43(2) of the Charities Act 1993 (the 1993 Act)), does not apply. It is my responsibility to:
Examine the accounts under section 43(3) of the 1993 Act. Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 43(7)(b) of the 1993 Act, and
State whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINERS REPORT**
My examination was carried out in accordance with the General Direction given by the Charity Commissioner’s. An examination included a review of the accounting records kept. It also includes consideration of any unusual items of disclosures in the accounts. And seeking examinations from you as trustees concerning any matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and as a result I do not express an audit opinion on the view given by the accounts.
## **Independent Examiner’s Statement**
In accordance with my examination, no matter has come to my attention:
1. which gives me a reasonable cause to believe that in any material respect the requirements:
- to keep accounting record in accordance with section 41 of the 1993 Act and
- to prepare which accord with the accounting records and to comply with the accounting requirements of the 1993 Act.
- Have not been met
8
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD
9
||**DOMINION CITY CHURCH**|**DOMINION CITY CHURCH**|**DOMINION CITY CHURCH**|**Charity No**|**1154473**||
|---|---|---|---|---|---|---|
||Annual accounts for theperiod||||||
||Period start date|**01-Nov-18**|**To**|Period end
date|**31-Oct-19**||
||||||||
|**Section A**|**Statement of financial activities**||||||
|**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
**Incoming resources from**
**charitable activities**
S04
**Other incoming resources**
S05||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05|||||
|||-|-|-|-|-|
|||73,091|-|-|73,091|282,770|
|||-|-|-|-|-|
||||-|-|||
|||-|-|-|-|-|
|||-|-|-|-|-|
|S06
**_Total incoming resources_**||73,091|-|-|73,091|282,770|
|**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
**Charitable activities**
S10
**Governance costs**
S11
**Other resources expended**
S12|||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||158,928|-|-|158,928|328,284|
||||-|-|||
|||-|-|-|-|-|
|S13
S14
**_Total resources expended_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**||158,928|-|-|158,928|328,284|
|||85,837
-|-|-|85,837
-|45,514
-|
|S15
**Gross transfers between funds**||-|-|-|-|-|
|S16
**_Net incoming/(outgoing) resources before_**
**_other recognised gains/(losses)_**||85,837
-|-|-|85,837
-|45,514
-|
|S17
S18
Gains and losses on investment assets
Gains and losses on revaluation of fixed assets
for the charity’s own use
**Other recognised** **gains/(losses)**|||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|S19
**_Net movement in funds_**||85,837
-|-|-|85,837
-|45,514
-|
|S20
**Total funds brought forward**||88,936|-|-|88,936|134,450|
|S21
**_Total funds carried forward_**||3,099|-|-|3,099|88,936|
11
|**Section B Balance sheet**|**Section B Balance sheet**|||||
|---|---|---|---|---|---|
|Note
**Fixed assets**
**Tangible assets (Note 9)**
B01
B02
**Investments (Note 10)**
B03
**_Total fixed assets_**
B04
**Current assets**
**Stock and work in progress**
B05
**Debtors (Note 11)**
B06
**(Short term) investments**
B07
**Cash at bank and in hand**
B08
**_Total current assets_**
B09
**Creditors: amounts falling due**
**within one year (Note 12)**
B10
**_Net current assets/(liabilities)_**
B11
**_Total assets less current liabilities_**
B12
**Creditors: amounts falling due after**
**one year (Note 12)**
B13
**Provisions for liabilities and charges**
B14
**_Net assets_**
B15
**Funds of the Charity**
**Unrestricted funds**
B16
B17
**Restricted income funds (Note 13)**
B18
**Endowment funds(Note 13)**
B19
**_Total funds_**
B20|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05||
|||-|-||2,281|
||-|-|-|-|-|
||325,000|-|-|325,000|300,000|
||325,000|-|-|325,000|302,281|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||3,099|-|-|3,099|86,655|
||3,099|-|-|3,099|86,655|
|||||||
||- 125,000|-|-|- 125,000|130,000
-|
|||||-||
||- 121,901|-|-|- 125,901|43,345
-|
|||||||
||203,099|-|**-**|203,099|258,936|
|||||||
|||-|-|-|-|
||-|-|-|-|-|
|||||||
||203,099|-|-|203,099|258,936|
|||||||
|||||-||
||-|||-|-|
|||-||-|-|
||||-|-|-|
|||||||
||203,099|-|-|203,099|258,936|
|||||||
12
## **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 on the basis of historic cost (except that investments are shown at market value) in accordance with:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
• and with* ✓ Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);
- and with the Charities Act 1993.
[** except for the following].
## _**Give details in this box if a different standard has been followed.**_
- -Tick as appropriate:
- if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
- if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick
- “Financial Reporting Standards for Smaller Enterprises (FRSSE)”. ** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.
## **1.2 Change in basis of accounting**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).
## _**Give details in this box of any material changes that have been made.**_
- § if no changes have been made to accounting policies then delete these words.
## **1.3 Changes to previous accounts**
No changes have been made to accounts for previous years (§§ except for the following).
_**Give details in this box of any material changes that have been made.**_
- §§ if no changes have been made to accounts for previous periods then delete these words.
14
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
_**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_
## **INCOMING RESOURCES**
|**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:|
|---|---|
|**resources**|• the charity becomes entitled to the resources;|
||• the trustees are virtually certain they will receive the resources; and|
||• the monetary value can be measured with sufficient reliability.|
|**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income)|
|**related expenditure**|the incoming resources and related expenditure are reported gross in the SoFA.|
|**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional|
||entitlement to the resources.|
|**Tax reclaims on donations**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to|
|**and gifts**|which they relate.|
|**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.|
|**performance related grants**||
|**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the
amount actually realised.|
||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or|
||distributed by the charity.|
||Gifts in kind for use by the charity are included in the SoFA as incoming resources when|
||receivable.|
|**Donated services and**|These are only included in incoming resources (with an equivalent amount in resources|
|**facilities**|expended) where the benefit to the charity is reasonably quantifiable, measurable and material_._|
||The value placed on these resources is the estimated value to the charity of the service or|
||facility received.|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.|
|**Investment income**|This is included in the accounts when receivable.|
|**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from|
||revaluing investments to market value at the end of the year.|
|**EXPENDITURE AND LIABILITIES**||
|**Liability recognition**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the|
||charity to pay out resources.|
|**Governance costs**|Include costs of the preparation and examination of statutory accounts, the costs of trustee|
||meetings and cost of any legal advice to trustees on governance or constitutional matters.|
|**Grants with performance**|Where the charity gives a grant with conditions for its payment being a specific level of service|
|**conditions**|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**|These are only recognised in the accounts when a commitment has been made and there are|
|**performance conditions**|no conditions to be met relating to the grant which remain in the control of the charity.|
|**Support Costs**|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.|
|**ASSETS**||
|**Tangible fixed assets for use**|These are capitalised if they can be used for more than one year, and cost at least £500. They|
|**by charity**|are valued at cost or a reasonable value on receipt.|
|**Investments**|Investments quoted on a recognised stock exchange are valued at market value at the year|
||end. Other investment assets are included at trustees' best estimate of market value.|
|**Stocks and work in progress**|These are valued at the lower of cost or market value.|
|**POLICIES ADOPTED**||
|**ADDITIONAL TO OR**||
|**DIFFERENT FROM THOSE**||
|**ABOVE**||
15
## **Section C Notes to the accounts**
## **Note 3 Analysis of incoming resources**
## _**Incoming resources may be further analysed if this would help the reader of the accounts.**_
|**Activities for generating funds**
**Investment income**
**Incoming resources from**
**charitable activities**
**Voluntary income & Gift**
**Aid Tax Recoverable**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
|||73,091|282,770|
||||-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|73,091|282,770|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|||
16
## **Section C Notes to the accounts (cont)**
**Note 4 Analysis of resources expended Resources expended may be further analysed if this would help the reader of the accounts.**
|**Governance costs**
**Charitable activities**
**Investment**
**management costs**
**Costs of generating**
**voluntary income**
**Fundraising trading**
**costs**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**||-|
|||||
|||-|-|
|||-|-|
|||-|-|
||**Total**|-|-|
|||||
|||158,928|328,284|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
||**Total**|158,928|328,284|
|||||
|||||
|||-|-|
|||-|-|
||**Total**|||
17
**Section C Notes to the accounts (cont) Note 5 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
|**Support cost type**|**Fundraising activity**
**£**|**Charitable Activity**
**£**|**Governance Activity**
**£**|**Total Cost**
**£**|
|---|---|---|---|---|
|Building &Hall Hire|-|32,203||32,203|
|TravelCost|-|823|-|823|
|Stationery||-||-|
|Repairs &Maintenance|-|39,421|-|39,421|
|Welfare||16,089||16,089|
|Utility Cost||1,821||1,821|
|Media||-||-|
|Tel&Internet||625||625|
|Car Repair &
maintenance||3,990||3,990|
|Insurance||-||-|
|Depreciation||2,281||2,281|
|Mortgagerepayment||15,498||15,498|
|deposit||-||-|
|Equipment||-||-|
|Admin& SupportCost||11,184||11,184|
|Miscellanous||-||-|
|ProfessionalServices||-||-|
|hmrc||2,514||2,514|
|Salary||28,371||28,371|
|pensions||-||-|
|Council||940||940|
|missions||60||60|
|Merchantcard charges||1,328||1,328|
|accountancy and legal
charges||1,780||1,780|
|loan||-||-|
|training||-||-|
||-|158,928|-|158,928|
**Note 6 Details of certain items of expenditure 6.1 Trustee expenses**
_**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_
|**_please enter ‘None’ in the appropriate box(es)._**|||
|---|---|---|
|**Number of trustees** **who were paid expenses**
**Nature of the expenses**
**Total amount paid**|**This year**|**Last year**|
||**NONE**|**NONE**|
||**NONE**|**NONE**|
||**£ NONE**|**£ NONE**|
## **6.2 Fees for examination or audit 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 or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_
|**Independent examiner’s or auditors' fees for reporting on the accounts**
**Other fees (for example: advice, consultancy, accountancy services)**
**paid to the independent examiner or auditor**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||**500**|**500**|
||**0**|**0**|
18
## **Section C Notes to the accounts (cont)**
**Note 7 Paid employees** _**Please complete this note if the charity has any employees.**_
## **7.1 Staff Costs**
|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**Gross wages, salaries and benefits in kind**
**The parts of the charity in which the**
**employees work**
**7.2 Average number of full-time equivalent employees in the year**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|
|||28,371|**33,702**|
|||2,513|7,558|
|||-|3,938|
|||30,884|45,198|
|||||
||**nt employees in the year**|**This year**
**1**|**Last year**
**1**|
||**Fundraising**|-|- 1|
||**Charitable Activities**||-|
||**Governance**||-|
||**Other**|-|-|
||**Total**|1|- 1|
## **7.3 Defined contribution pension scheme**
_**Please complete if a defined contribution pension scheme is operated.**_ **Brief details of the scheme**
**The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end**
||**This year**|**Last year**|
|---|---|---|
||**£**|**£**|
||||
||||
||||
19
## **Section C Notes to the accounts (cont)**
## **Note 8 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **8.1 Total value of grants**
|**8.1 Total value of grants**|||
|---|---|---|
|**Purpose for whichgrants made**|**Grants to**
**institutions**
**Total amount £**|**Grants to**
**individuals**
**Total amount £**|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
|**_Total_**|**-**|**-**|
## **8.1 Grantmaking costs**
_**If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **Support costs of grantmaking**
**£**
## **8.3 Grants made to institutions**
_**If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.**_
|**_institutions supported._**|||
|---|---|---|
|**Names of institutions**|**Purpose**|**Total amount of**
**grantspaid £**|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|||-|
|**_Total grants to institutions_**||**-**|
20
## **Section C Notes to the accounts (cont)**
## **Note 9 Tangible fixed assets**
## _**Please complete this note if the charity has any tangible fixed assets**_
## **9.1 Cost or valuation**
|**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Payments on**
**account and**
**assets under**
**construction**
**Total**
**£**
**£**
**£**
**£**
**£**
**£**
Balance brought
forward
- - 7,70218,651
26,353
Additions
-
- - -
Revaluations
330,000 - - - - 330,000
Disposals
- - - - - -
Transfers *
- - - - - -
Balance carried
forward
330,000 - 7,702 18,651 - 356,353
****Basis**
SL or RB
SL or RB
SL or RB
SL
SL or RB
**** Rate**
33%
Balance brought
forward
- - 6,270 17,802 - 24,072
Depreciation charge
for year
- - 1,432 849
2,281
Impairment provisions - - - - - -
Revaluations
- - - - - -
Disposals
5,000 - - - - 5,000
Transfers*
- - - - - -
Balance carried
forward
5,000 - 7,702 18,651 - 31,353
Brought forward
- - - - - -
Carried forward
325,000 - - - - 325,000
**9.3 Net book value**
**9.2 Accumulated depreciation and impairment provisions**|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**|
|---|---|---|---|---|---|---|
||-|-|7,702|18,651||26,353|
|||-||-|-|-|
||330,000|-|-|-|-|330,000|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||330,000|-|7,702|18,651|-|356,353|
||-|-|6,270|17,802|-|24,072|
||-|-|1,432|849||2,281|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||5,000|-|-|-|-|5,000|
||-|-|-|-|-|-|
||5,000|-|7,702|18,651|-|31,353|
||||||||
||-|-|-|-|-|-|
||325,000|-|-|-|-|325,000|
## **9.4 Revaluation**
## _**If any fixed assets have been revalued please give details of the valuer and method of valuation**_
> _* The "transfers" row is for movements between fixed asset categories._
> _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
21
## **Section C Notes to the accounts (cont)**
## **Note 10 Investment assets**
## _**Please complete this note if the charity has any investment assets.**_
## **10.1 Fixed assets investments**
|**Add/(deduct):**net gain/(loss) on revaluation
Carrying (market) value at beginning of year
Carrying (market) value at end of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value|**£**|
|---|---|
||-|
||-|
||-|
||-|
||-|
## _**Please provide below:**_
**10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.**
## **10.3 A breakdown of the income from investments agreeing with SOFA row S03.**
|**Analysis of investments**
**Other investments**
**Total**
**Investment properties**
**Securities not listed on a recognised Stock Exchange**
**Cash held as part of the investment portfolio**
**Investments listed on a recognised stock exchange or held in common**
**investment funds, open ended investment companies, unit trusts or other**
**collective investment schemes**
**Investments in subsidiary or connected undertakings and companies**|**10.2**
**Market value at**
**year end**
**£**|**10.3**
**Income from**
**investments for**
**the year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
## **10.4 Material investment holdings**
**If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.**
## **Investment held**
**Market Value**
22
## **Section C Notes to the accounts (cont)**
## **Note 11 Debtors and prepayments**
## _**Please complete this note if the charity has any debtors or prepayments.**_
|**Analysis of debtors**
**Trade debtors**
**Amounts due from subsidiary and associated**
**undertakings**
**Other debtors**
**Prepayments and accrued income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
## **Note 12 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_ **12.1 Analysis of creditors**
|**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated**
**undertakings**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||125,000|130,000|||
||-|-|-|-|
||-|-|-|-|
|||||-|
||-|-|-|-|
|||130,000||-|
## **12.2 Security over assets**
_**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_
## _**17-19 TAYLOR STREET LUTON LU2 0EY**_
23
## **Section C Notes to the accounts (cont)**
## **Note 13 Endowment and restricted income funds**
_**Please complete this section if the charity has any endowment or restricted income funds.**_
## **13.1 Funds held**
**Please give a brief description of any of the following type of funds held by the charity:**
- **permanent endowment funds (PE);**
- **expendable endowment funds (EE); and**
- **restricted income funds, including special trusts, of the charity (R).**
**Type PE, EE Fund Name Purpose and Restrictions or R**
## **13.2 Movements of major funds**
_**Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.**_
|**Fund names**|**Fund**
**balances**
**brought**
**forward**
**£**|**Incoming**
**resources**
**£**|**Outgoing**
**resources**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|---|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
|**Total Funds**|-|-|-|-|-|-|
## **13.3 Transfers between funds**
## _**Please give details of any transfers between funds.**_
**From Fund (Name) To Fund (Name) Reason Amount**
24
## **Section C Notes to the accounts (cont)**
## **Note 14 Transactions with related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.**_
## **14.1 Remuneration and benefits**
_**Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.**_
|**Name of trustee or connected party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|
|---|---|---|---|
|||**This year**
**£**|**Last year**
**£**|
|**NONE**||||
|||||
|||||
## **14.2 Loans**
_**Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.**_
|**Due to trustees and**
**related parties**
**Due from trustees**
**and related parties**|**Name of trustee or**
**connected party**|**Legal authority**|**Amount owing**|**Amount owing**|
|---|---|---|---|---|
||||**This year**
**£**|**Last year**
**£**|
||||||
||||||
## **14.3 Other transaction(s) with trustees or related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.**_
|**Name of the trustee**
**or relatedparty**|**Relationship to**
**charity**|**Description of the**
**transaction(s)**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|---|
||||||
||||||
||||||
25
**Section C Notes to the accounts (cont)**
## **Note 15 Additional Disclosures**
**The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**
26
# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2020**
## **DOMINION CITY CHURCH**
**CHARITY REGISTRATION NUMBER: 1154473**
Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD
1
## **DOMINION CITY CHURCH**
|**INDEX**
**Index**
**Legal & Administrative**
**Trustee’s Report**
**Independent Examiner’s Report**
**Receipts and Payments Account**
**Statement of Assets and Liabilities**
**Notes on the Financial Statements**|**Page**
**2**
**3**
**4-7**
**8**
**9**
**10**
**11**|
|---|---|
2
## **DOMINION CITY CHURCH**
## **LEGAL AND ADMINSTRATIVE INFORMATION**
**CHARITY NUMBER 1154473 END OF FINANCIAL YEAR 31 OCTOBER 2020**
**TRUSTEES AT 31 OCTOBER**
**MR MICHAEL OCHEI MR IKENNA DURU MRS AMAKA DONALD GOVERNING DOCUMENT TRUST DEED**
**REGISTERED ADDRESS 17-19 TAYLOR STREET LUTON LU2 0EY**
**PRIMARY BANKERS BARCLAYS BANK PLC INDEPENDENT EXAMINERS GIFT AID SERVICES LTD 63 WANSFORD ROAD WOODFORD GREEN ESSEX IG8 7AD**
3
## **DOMINION CITY CHURCH**
## **TRUSTEES REPORT FOR YEAR ENDED 31 OCTOBER 2020**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing Document**
Dominion City Church is a charity created by Trust Deed and is a registered charity with the Charity Commission.
## **Aims and Objectives**
The charity is established to provide an enabling environment for worshipping God, and to advance the Christian faith. This is achieved by evangelizing the community, demonstrating the power of God and fellowshipping with one another, baptizing and teaching the saints the word of God from the Bible.
## **The objectives are**
- The advancement of the Christian Faith for the benefit of the public through the holding of prayer meetings, lectures, producing and or distributing literature on Christian Faith to enlighten others about the Christian religion.
## **Activities**
1. Regular outreach programmes are organized to witness to the members of the public.
2. Weekly bible studies and discussions.
3. Weekly prayer meeting, praying for the community, governments and members.
4
## **DOMINION CITY CHURCH**
## **REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 OCTOBER 2020**
The following is an account of the activities, events and general progress of Dominion City Ministries.
The Ministry continues to establish and develop Dominion City objectives of preaching the Word of God, training and developing people to be useful and relevant leaders in the society and equipping members with both spiritual and intellectual upliftment, which are at present the primary activity of the ministry.
## **MEMBERSHIP**
The church membership has been growing steadily which is as a result of the positive impacts we have been having in our neighborhoods. Also, we have since spread to other localities not just in London as a result of our church members relocating to different cities. We have church fellowship meetings in Luton, Birmingham, Manchester, Leicester, Peterborough and Coventry.
## **NURTURING THE CHURCH**
The following meetings are held weekly, monthly or fortnightly as the case may be.
- Sunday Service
- Tuesday/Wednesday midweek service
- Prayer meetings
- Friday leaders training meeting
## **CAMPUS MINISTRY**
The ministry has been making significant impact in the universities in our locality. Presently members of the church have registered a youth club in the University of East London, Coventry University and the University of Bedfordshire. The youth clubs are geared at providing training to students at the university based on bible teaching, focusing on character development, mental development and skill development.
## **CHILDREN’S MINISTRY**
Every Sunday there is a crèche organised for parents that come with their children where the children get the opportunity to learn bible teachings, good morals and values and have a wonderful experience with other children.
## **TRUSTEE MEETING**
The trustees hold meetings quarterly during which the progress of the ministry is discussed and plans to increase, train and equip its members are explored. Also, initiatives on how to have a positive impact in the neighborhood and community are discussed in the meetings. Financial matters and asset acquisition are also discussed.
5
## **GENERAL INFORMATION**
## **The impact of the lockdown and strategies of recovery**
The pandemic has had a huge impact on every aspect of the church especially financially. The church has had to support a lot of the members’ welfare during this past year, especially in the lockdown, in different capacity like rent and feeding expenses. The church also had members who died and have had to support their families with funeral and welfare expenses.
The membership of the church was also affected in this past year, some members are yet to return since after the lockdown. However, the churches in the different locations are actively involved in evangelism and outreach to recruit new members who will join to grow the vision of the charity.
## **CONCLUSION**
The commitment of the members to the vision of Dominion City has allowed us to maintain a vibrant, multi-cultural and healthy environment for spiritual and natural growth. We are proud of this growth but willing to improve upon to meet the objectives and goals of Dominion City and the divine purpose He has for this church. We are grateful unto God for how far God has brought us.
## **Financial Review and Reserves Policy**
The income of the charity for the year was £73,091 by way of Donations.
The cost of charitable activities was **£156,647** . This was spent directly and indirectly to support the charities activities. At the end of the year there was a favorable net movement of funds amounting to ( **£83,556).** At the end of the year, 31 October 2020, there was an unrestricted fund balance amounted to **£5,380** . The charity’s policy is to retain reserves, in the form of unrestricted funds, to a level where they equate in value approximately 12 months expenditure. This should provide a reasonably secure financial base on which to plan future projects and commit to related expenditure, before external funding has been fully secured. The charity is reviewing its reserves policy so that the charity would be able to continue its current level of activities in the event of a significant drop in funding.
6
## **DOMINION CITY CHURCH**
## **Charity Examiners**
It was agreed to appoint Olivia Gerrar as the Independent Examiner.
Approved: By the Trustees…………………………... Dated …………………………
## **STATEMENT OF TRUSTEES RESPONSIBLITIES**
Under the Charities Act 1993, the trustees are required to prepare a statement of accounts for the 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 judgments 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
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the charity 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 take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on …………………………… June 2021 and
Signed on their behalf by:………………………………………………, Trustee.
7
## **DOMINION CITY CHURCH**
## **INDEPENDENT EXAMINER REPORT TO THE TRUSTEES OF DOMINION CITY CHURCH**
I report on the accounts of the Charity for the year ended 31 October 2020, which are set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the charity are responsible for the preparation of accounts: they consider that the audit requirement under section 43(2) of the Charities Act 1993 (the 1993 Act)), does not apply. It is my responsibility to:
Examine the accounts under section 43(3) of the 1993 Act. Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 43(7)(b) of the 1993 Act, and
State whether particular matters have come to my attention.
## **BASIS OF INDEPENDENT EXAMINERS REPORT**
My examination was carried out in accordance with the General Direction given by the Charity Commissioner’s. An examination included a review of the accounting records kept. It also includes consideration of any unusual items of disclosures in the accounts. And seeking examinations from you as trustees concerning any matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and as a result I do not express an audit opinion on the view given by the accounts.
## **Independent Examiner’s Statement**
In accordance with my examination, no matter has come to my attention:
1. which gives me a reasonable cause to believe that in any material respect the requirements:
- to keep accounting record in accordance with section 41 of the 1993 Act and
- to prepare which accord with the accounting records and to comply with the accounting requirements of the 1993 Act.
- Have not been met
8
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD
9