**Charity Registered number 1155218** DOVE CHAPEL **Annual Accounts & Reports 31[st] December 2022** ## **Dove Chapel** ## **Annual Accounts and Reports Contents** |**Annual Accounts and Reports**
**Contents**|| |---|---| ||**Page**| |**Trustee's report**|**1**| |**Accountants' report**|**2**| |**Income & Expenditure Accounts**|**3**| |**Balance sheet**|**4**| |**Notes to the accounts**|**5, 6**| |**Summary Accounts**|**7**| |**Detailed Income & Expenditure**|**8**| ## **Dove Chapel, Charity Registered number: 1155218** ## **Charity Information** ## **Trustees, structure, governance and management** The following persons served as trustees during the year 31[st] December 2022: **Pastor Adebambo ILori Vivian Ifeoma IIukwe Mary Olabisi Adenusi** ## **Registered Office** 44 Cator Road London SE26 5DS **Bankers** Cash Plus ## **Trustee's Report** The Trustees present their report and annual accounts for the year ended 31st December 2022 ## **Principal activities** The Charity principal activity during the year was continued to be ministering to church members and the community. We also acquire new facility to enhance our services and we move in, which has been very helpful to us to carry out more duties and services. Our church membership has grown numerously and we give God all the glory. We are increasing in member by the grace of God. This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime. And also statutory requirements of the governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2010 The Trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an audit under section 415A of the Companies Act 2006. The members have not required the charity or company to obtain an audit in accordance with section 476 of the Company Act 2006. Therefore, trustees acknowledged their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. This report was approved by the Trustees on 13[th] November 2023 and signed on behalf, by: Adebambo ILori Chairman of Trustees **1** ## **Accountant’s Report Accountants' report to the Trustees of Dove Chapel** We have carried our normal independence duties to Dove chapel as Accountants to the charity. And we consider that the Charity is exempt from an audit for the year ended 31st December 2022 Dove chapel trustees have acknowledged, on the accounts and balance sheet, their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the Charity at the end of the financial year and of its income and expenditure for the financial year. In accordance with their instructions, we have carried out prepared accounts which comprised the Income and Expenditure Account, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations given to us by trustees and management. The trustees have assessed all-risks to which the charity is exposed, and are satisfied that internal control systems are in place to mitigate exposure to the any risks. The church has got new premises and there had been a lot of changes and decorations. Current performance of the charity in terms of growth in members and care for the community they reside. We have not carried out any audit /or any other review, and consequently we do not express any opinion on these accounts. Accountants: ## **EBS ACCOUNTANCY CONSULTANTS LTD** Milton Keynes MK14 6DJ **2** ## **Income and Expenditure Account for the year ended 31[st] December 2022** **£ Income** Income & HMRC 47,317.64 |**Expenditure**
General expenses

Accountancy fees

Repairs and Maintenance

Website development & media

Equipment expenses

Honorarium

Insurance

Rent

Light and Heating
Music & Instrumentals

Stationery and Printing

Telephone & Internet broadband
Church Welfare & Support
Bank Charges

Travel and Subsistence

Church Renovation/Construction

Lighting & Decorations

Pastors Allowance & Wages

Surplus for the year
|1,132.57
3,236.60
2,750.00
950.00
1,637.24
1,590.00
1,338.00
11,800.00
1,500.00
1,202.88
1,100.00
175.86
2,456.00
239.00
500.00
6,920.00
2,080.00
3,500.00|















(44,108.15)
3,209.49| |---|---|---| ||

|| **3** |**Dove Chapel**
**Balance Sheet as at 31 December 2022**

**Non-Current Assets**
FA – Equipment
1,637.24
Fixture, & fittings
1,850.00

Current Assets:
Bank
4,587.10
Less: Current Liabilities
Creditors 3,400.00

**Net Liabilities**
Charity reserves
Surplus from I & E account
Charity Fund|**£**
3,487.24
4,587.10

(3,400.00)
**4,674.34**
1,464.85
3,209.49
**4,674.34**| |---|---| ||| **4** ## **Dove Chapel Notes to the Accounts for the year ended 31[st ] December 2022** ## **1. Accounting policies** ## **Basis of preparation** The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). ## **Turnover** Voluntarily Income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to church member and the community. ## **Volunteers** In accordance with The Charities Statement of Recommended Practice (SORP), and in recognition of the difficulties in placing a monetary value on the contribution from volunteers. The value of services provided by volunteers has not been included and/or accounted for in monetary value. However, the trustees appreciated the significant contribution made to the activities of the charity unpaid volunteers. ## **Gift Aid** Gift aid is from HMRC (government donations 25% of taxable income giving) has been included in the financial statement and has been fully accounted for. ## **Depreciation** Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. **5** ## **Dove Chapel** Plant and machinery Motor vehicles 20% straight line 25% straight line ## **2. Interest payable** Interest payable ## **3. Profit and loss account** Surplus for the year **2022 £** 0.00 **2022 £** 3,209.49 **6** ## **Dove Chapel** **Summary Income and Expenditure account for the year ended 31[st] December 2022** |Operating Income:
Income
Expenditure

Operating Profit before Tax

Interest payable and Tax payment

Surplus after Tax||**2022**
£
47,317.64
44,108.15| |---|---|---| ||

|3,209.49
0.00
3,209.49| **7** ## **Dove Chapel** |**Dove Chapel**|**Dove Chapel**|**Dove Chapel**| |---|---|---| |**Detailed Income and Expenditure account for the year 31st December 2022**||| ||**£**|| |HMRC Gift Aid|32,926.64|| |Voluntarily Income|14,391.00|| |Other Operating Income||00.00| ||47,317.64|| |**Expenditure**||| |General expenses
|1,132.57|| |Accountancy fees
|3,236.60|| |Repairs and Maintenance|2,750.00|| |Website development & media|950.00|| |Equipment expenses|1,637.24|| |Honorarium|1,590.00|| |Insurance|1,338.00|| |Rent|11,800.00|| |Light and Heating|1,500.00|| |Music & Instrumentals|1,202.88|| |Stationery and Printing|1,100.00|| |Telephone & Internet broadband|175.86|| |Church Welfare & Support|2,456.00|| |Bank Charges|239.00|| |Travel and Subsistence|500.00|| |Church Renovation/Construction|6,920.00|| |Lighting & Decorations|2,080.00|| |Pastors Allowance & Wages|3,500.00|| ||(44,108.15)|| |Surplus for the year
||3,209.49| **8**