2023-09-30-accounts - His Influence Church

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HIS INFLUENCE CHURCH

COMPANY NUMBER: 12205795 CHARITY NUMBER: 1155096

HIS INFLUENCE CHURCH

REPORT AND FINANCIAL STATEMENTS FOR

YEAR ENDED 30TH SEPTEMBER 2023

J & T LEXINGTON SERVICES LIMITED 8 HOLME CLOSE, REDHILL GRANGE WELLINGBOROUGH NN9 5YF

HIS INFLUENCE CHURCH

	Page
CONTENTS	2
Charity information	3
Directors’ Report	4
Independent Examiner’s report	5
Income and Expenditure Account	6
Balance Sheet	7
Notes to the Accounts	8 – 10

HIS INFLUENCE CHURCH

REFERENCE AND ADMINISTRATIVE DETAILS

COMPANY NUMBER: 12205795

CHARITY NUMBER: 1155096

Registered office:

1 DAGMAR ROAD CHATHAM ME4 5HA

Trustees:

Oladipo Apanisile Adeola John Owagbayegun Opeyemi Olusegun AKANDE Olaide Apanisile

Accountants

J & T Lexington Services Limited 8 Holme Close Redhill Grange Wellingborough NN9 5YF

HIS INFLUENCE CHURCH

Trustees’ Report

The Trustees have pleasure in submitting their report, and accounts for the year ended 30[th] September 2023. The financial statements have been prepared in accordance with the accounting policies set out on page 8, and comply with the statement of recommended practice.

Governing document, objective of the charity, principal activity.

The charity is governed under a Constitution adopted on15th June 2013 and amended on 10[th] March 2023.

The objectives of the charity as set out in the Constitution are:

1. The advancement of Christian faith.

The ministry is involved in Christian outreach programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ.

Review of the financial position

The charity made a surplus for the year amounting to £16,325. (2022: Surplus of 1,455)

Approval

The report was approved by the board of directors on …………… 2024 and signed on their behalf by:

________ Oladipo APANISILE

HIS INFLUENCE CHURCH

Independent Examiner’s Report To the Trustees

HIS INFLUENCE CHURCH

I report on the accounts of the church for the year ended 30[th] September 2023 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 the accounts. The charity’s trustee consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:

1) Examine the accounts under section 145 of the 2011 Act.
2) Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act) and
3) To state whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met reasonable requirements to ensure that:
proper accounting records are kept (in accordance with section 41 of the Act)
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Joseph Kinuthia CPA, DMS, MBA J & T Lexington Services Ltd 8 Holme Close, Redhill Grange Wellingborough NN9 5YF

HIS INFLUENCE CHURCH

Statement of financial activities for the year ended 30[th] September 2023 Incorporating the Income and Expenditure Account

Note Incoming Resources Incoming resources from generated funds Tithes & offerings 2 Interest Total Incoming Resources Resources expended Charitable activities Rent Church expenses Media Conferences&Refreshments Bank charges Gifts & Donations Insurance Travel & subsistence Evangelism/Mission Telephone & postage Advertising Printing & Stationery Depreciation Professional fees Total resources expended Hmrc corporation tax Governance cost Net incoming/ (outgoing) resources Balance carried forward at 30th September 2023	2023 £ 41,515 95 41,610 3,845 2,042 693 2,579 28 2,449 119 2,026 7,977 - - 1,756 715 641 24,870 - 415 25,285 16,325 16,325	2022 £
		18,186 1
		18,187
		7,982 413 962 993 13 2,886 125 388 - 79 361 969 675 295
		16,141 341 250
		16,732 1,455
		1,455

HIS INFLUENCE CHURCH

Balance Sheet as at 30[th] September 2023

Fixed assets Tangible fixed assets 3 Current assets Cash at bank and in hand Creditors-amounts falling due within one year 4 Net current assets/(liabilities) Net assets Represented by: Funds of the charity Reserves Net incoming resources Total funds	2023 £ 5,240 16,503 21,743 (914) 20,829 4,504 16,325 20,829	2022 £
		4,953 400
		5,353 (849)
		4,504
		3,049 1,455
		4,504

The financial statements were approved by the Trustees on ……………2024 and signed on their behalf by:

Oladipo APANISILE …………………………….

Trustee

HIS INFLUENCE CHURCH

Notes to the financial statements for the year ended 30[th] September 2023

1. Accounting policies

a) Accounting basis

These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993 and the Statement of Recommended Practice on Accounting by Charities published in March 2008. The adoption of the revised SORP has resulted in reclassification of some items.

b) Incoming resources

i) Voluntary income

Voluntary income is received by way of Tithes offerings, donations and gifts and is included in full in the Statement of Financial Activities when receivable.

c) Resources expended

All expenditure is accounted for on an accruals basis.

d) Restricted and unrestricted funds

Income received for restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds are those funds which represent grants and donations for a specific purpose. Upon full performance of the purpose of the grant, any surplus is then retrievable by the donor. Income generated for the objects of the charity without further specified purpose is allocated to unrestricted funds. Accumulated surpluses may be retained by the church and are expendable at the discretion of the trustees in furtherance of the church’s objects. There were no restricted funds during the year.

HIS INFLUENCE CHURCH

Notes to the financial statements for the year ended 30[th] September 2023

1. Accounting policies (continued)

e) Designated funds

Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion. There were no designated funds during the year.

g) Irrecoverable VAT

The church is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.

h) Cash Flow

The church has taken advantage of the exemptions in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small church.

2. Incoming resources from generated funds

Tithes and offerings	Unrestricted £ 41,515 41,515	Restricted £ - -	Total funds 2023 £
			41,515
			41,515

HIS INFLUENCE CHURCH

3. Tangible fixed assets

Cost At 1st October 2022 Additions At 30th September 2023 Depreciation At 1st October 2022 Charge At 30th September 2023 Net book value 2023 Net book value 2022			Church equipment £ 5,808 1,002 6,810 855 715 1,570 5,240 4,953	Total £
				5,808 1,002
				6,810
				855 715
				1,570
				5,240 4,953

4. Creditors

HMRC – CT 2021 – CT 2022 Accountancy fees	2023 £ 158 341 415 914	2022 £
		258 341 250
		849