Annual Report and Financial Statements for the Year Ended 31 August 2020
Deleski Gimena Church
Charity registration number: 1158365
Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF
DELESKI GIMENA CHURCH
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 12 |
DELESKI GIMENA CHURCH
Reference and Administrative Details
Trustees Aivars Stromanis Gints Kodalevs Argo Gindra Anita Gindra Principal Office 89 Booth Street Alvaston Derby DE24 8PH Charity Registration 1158365 Number Independent Examiner G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF Bankers Barclays Bank plc Sir Frank Whittle Road Derby DE1 9NT
Page 1
DELESKI GIMENA CHURCH
Trustees' Report
The Trustees present the annual report together with the financial statements of the charity for the year ended 31 August 2020.
Objectives and activities
Objects and aims
The principal object of the charity is the advancement of the Christian faith.
Public benefit
The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and performance
During the year, our church "Deleski Gimena" continued to reach out to Roma/Latvian people residing in the UK.
Financial review
Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
Policy on reserves
The trustees have determined that, in line with their belief that God provides for the work to which He calls His people, no reserves are actively maintained by the charity.
Plans for future periods
Aims and key objectives for future periods
For the next year, our vision is to open more churches around the UK and lead seminars to train people to go and preach the Gospel and help people in need.
Structure, governance and management
Nature of governing document
Deleski Gimena Church is a registered charity, number 1158365, and is constituted under a Trust deed.
Recruitment and appointment 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 deed.
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DELESKI GIMENA CHURCH
Trustees' Report
Risk Management
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.
Statement of Trustees' Responsibilities
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities 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 incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that 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, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The annual report was approved by the Trustees of the charity on 24 May 2021 and signed on its behalf by:
......................................... Argo Gindra Trustee
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DELESKI GIMENA CHURCH
Independent Examiner's Report to the trustees of Deleski Gimena Church
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2020 which are set out on pages 5 to 12.
Respective responsibilities of Trustees and examiner
As the charity’s Trustees of Deleski Gimena Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Deleski Gimena Church'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 examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of Deleski Gimena Church as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting 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.
...................................... G W Schulz ACMA
Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex PO18 8NF
24 May 2021
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DELESKI GIMENA CHURCH
Statement of Financial Activities for the Year Ended 31 August 2020
| Note Unrestricted funds £ Income and Endowments from: Donations and legacies 2 41,698 Expenditure on: Charitable activities 3 43,392 Total expenditure 43,392 Net expenditure (1,694) Net movement in funds (1,694) Reconciliation of funds Total funds brought forward 5,459 Total funds carried forward 9 3,765 |
Total 2020 £ 41,698 43,392 43,392 (1,694) (1,694) 5,459 3,765 |
Total 2019 £ 52,219 56,220 |
|---|---|---|
| 56,220 | ||
| (4,001) | ||
| (4,001) 9,460 |
||
| 5,459 |
The notes on pages 7 to 12 form an integral part of these financial statements. Page 5
DELESKI GIMENA CHURCH
Balance Sheet as at 31 August 2020
| Note Fixed assets Tangible assets 6 Current assets Debtors 7 Cash at bank and in hand Creditors: Amounts falling due within one year 8 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 9 |
2020 £ - 650 5,539 6,189 (2,424) 3,765 3,765 3,765 3,765 |
2019 £ 500 650 6,079 |
|---|---|---|
| 6,729 (1,770) |
||
| 4,959 | ||
| 5,459 | ||
| 5,459 | ||
| 5,459 |
The financial statements on pages 5 to 12 were approved by the Trustees, and authorised for issue on 24 May 2021 and signed on their behalf by:
......................................... Argo Gindra Trustee
The notes on pages 7 to 12 form an integral part of these financial statements. Page 6
DELESKI GIMENA CHURCH
Notes to the Financial Statements for the Year Ended 31 August 2020
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Deleski Gimena Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
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DELESKI GIMENA CHURCH
Notes to the Financial Statements for the Year Ended 31 August 2020
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Computer equipment 33% on cost Equipment 25% on cost
Trade debtors
TTrade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Liabilities
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Fund structure
Unrestricted income funds are general funds that are available for use at the Trustees's discretion in furtherance of the objectives of the charity.
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DELESKI GIMENA CHURCH
Notes to the Financial Statements for the Year Ended 31 August 2020
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
2 Income from donations and legacies
| Donations and legacies; Donations Gift aid reclaimed |
Unrestricted funds General £ 32,438 9,260 41,698 |
Total 2020 £ 32,438 9,260 41,698 |
Total 2019 £ 41,952 10,267 |
|---|---|---|---|
| 52,219 |
3 Expenditure on charitable activities
| Note Ministry expenses Hospitality Premises expenses Motor expenses Travel Equipment Postage, print and stationery Insurance Professional fees Independent examination Depreciation, amortisation and other similar costs Staff costs 5 |
Unrestricted funds General £ 1,241 250 14,425 2,765 153 530 324 216 189 750 500 22,049 43,392 |
Total 2020 £ 1,241 250 14,425 2,765 153 530 324 216 189 750 500 22,049 43,392 |
Total 2019 £ 5,476 521 20,355 4,360 251 527 198 225 189 720 1,459 21,939 |
|---|---|---|---|
| 56,220 |
Page 9
DELESKI GIMENA CHURCH
Notes to the Financial Statements for the Year Ended 31 August 2020
4 Trustees remuneration and expenses
During the year, one trustee has been paid remuneration or has received other benefits from an employment with the charity. The pastor was paid a salary of £21,939 (2019 -£21,939) during the year and received benefits in the form of pension contributions of £110 (2019 - £NIL).
During the year ended 31 August 2020, no Trustee expenses have been incurred (2019 - £NIL).
5 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries Pension costs |
2020 £ 21,939 110 22,049 |
2019 £ 21,939 - |
|---|---|---|
| 21,939 |
The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:
| Employees | 2020 No 1 |
2019 No 1 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year
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DELESKI GIMENA CHURCH
Notes to the Financial Statements for the Year Ended 31 August 2020
6 Tangible fixed assets
| Computer equipment £ Cost At 1 September 2019 950 At 31 August 2020 950 Depreciation At 1 September 2019 950 Charge for the year - At 31 August 2020 950 Net book value At 31 August 2020 - At 31 August 2019 - 7 Debtors Accrued income 8 Creditors: amounts falling due within one year Other taxation and social security Pension scheme creditor Accruals |
Computer equipment £ 950 |
Equipment £ 8,473 |
Total £ 9,423 9,423 8,923 500 9,423 - 500 2019 £ 650 |
||
|---|---|---|---|---|---|
| 950 | 8,473 | ||||
| 950 - |
7,973 500 |
||||
| 950 | 8,473 | ||||
| - | - | ||||
| - | 500 | ||||
| 2020 £ 650 2020 £ 1,080 128 1,216 2,424 |
|||||
| 2019 £ 555 - 1,215 |
|||||
| 1,770 |
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DELESKI GIMENA CHURCH
Notes to the Financial Statements for the Year Ended 31 August 2020
9 Funds
| 9 Funds | ||||
|---|---|---|---|---|
| Unrestricted funds General General Funds Unrestricted funds General General Funds |
Balance at 1 September 2019 £ 5,459 Balance at 1 September 2018 £ 9,460 |
Incoming resources £ 41,698 Incoming resources £ 52,219 |
Resources expended £ (43,392) Resources expended £ (56,220) |
Balance at 31 August 2020 £ 3,765 |
| Balance at 31 August 2019 £ 5,459 |
10 Analysis of net assets between funds
| Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ 6,189 (2,424) 3,765 Unrestricted funds General £ 500 6,729 (1,770) 5,459 |
Total funds at 31 August 2020 £ 6,189 (2,424) |
|---|---|---|
| 3,765 | ||
| Total funds at 31 August 2019 £ 500 6,729 (1,770) |
||
| 5,459 |
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