## **SINAI MISSION CHURCH**
## **TRUSTEES ANNUAL REPORT & ACCOUNTS**
**FOR THE YEAR ENDED 31[st] JANUARY 2021**
**CHARITY NUMBER: 1160874**
SINAI MISSION CHURCH Flat 4 Bainton House, 2 Hillgrove Street SWINDON SN25 2LR
## **SINAI MISSION CHURCH**
Registered UK Charity: 1160874
**INDEX** Index 2 Trustee’s Report 3-4 Receipts and Payments Account 5 Statement of Assets and Liabilities 6 Notes on the financial Statements 7
2
## **SINAI MISSION CHURCH**
Registered UK Charity: 1160874
## **TRUSTEES’ REPORT**
**FOR THE YEAR ENDED 31ST JANUARY 2021**
The trustees are pleased to present their report for the year ended 31st January 2021 for the charity, Sinai Mission Church with charity number 1160874.
The Trustees of the charity are:
Pr Mr Seejo Joy
Mr Thomas Vakkechalil John
Mr Jooyan Soman
The principal address of the charity is: Flat 4 Bainton House, 2 Hillgrove Street SWINDON SN25 2LR
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity governing document is a CIO – Foundation Constitution registered 12th March 2015.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities, and monitor the financial position.
## **OBJECTIVES AND ACTIVITIES**
The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.
## **ACHIEVEMENTS AND PERFORMANCE**
The organisation continues to hold regular weekly services. This has produced good results in reaching and helping members of the community. The organisation also held regular evangelism outreaches and tract distributions in the community that brought great emotional and spiritual support to members of the community. They also conducted a music festival to reach out to the community with the Christian message of faith.
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Registered UK Charity: 1160874
## **SINAI MISSION CHURCH**
## **FINANCIAL REVIEW**
The income of the charity is £4,134.00. This is a good amount for the pandemic year of the charity, the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the rent of its building that it uses for worship services and church office rent.
## **RESERVE POLICY**
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.
## **RISK MANAGEMENT**
The charity has assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity and are satisfied those systems are in place to mitigate exposure to major risks.
## **TRUSTEE RESPONSIBILITIES**
Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each 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 judgements 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 church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 10[th] November 2021.
4
## **SINAI MISSION CHURCH**
Registered UK Charity: 1160874
## **ACCOUNTS FOR THE YEAR ENDED 31st January 2021**
||||**Sinai Mission Church**|**Sinai Mission Church**|**Sinai Mission Church**||**CC16a**|
|---|---|---|---|---|---|---|---|
|||||||||
||**Receipts and payments accounts**|||||||
|||**For the period**||Period
start date||||
|||||01/02/2020|**To**|31/01/2021||
|||||||||
||**Section A Receipts and payments**|||||||
|||**Unrestricted**
**funds**||**Restricte**
**d funds**|**Endowm**
**ent**
**funds**|**Total**
**funds**|**Last year**|
|||**to the nearest**
**£**||
**to the**
**nearest £**|**to the**
**nearest £**|**to the**
**nearest £**|**to the**
**nearest £**|
||**A1 Receipts**|||||||
|||**-**||
**-**|
**-**|
**-**|
**-**|
||Offering|**4,134.00**||
**-**|
**-**|
**4,134.00**|
**7,907.00**|
||Donation|**-**||
**-**|
**-**|
**-**|
**-**|
|||**-**||
**-**|
**-**|
**-**|
**-**|
||_income for AR)_|**4,134.00**||
**-**|
**-**|
**4,134.00**|
**7,907.00**|
|||||||||
||**A2 Asset and**
**investment sales,**|||||||
|||**-**||
**-**|
**-**|
**-**||
|||**-**||
**-**|
**-**|
**-**|
**-**|
||**_Sub total_**|**-**||
**-**|
**-**|
**-**|
**-**|
|||||||||
||**_Total receipts_**|**4,134.00**||**-**|**-**|**4,134.00**|**7,907.00**|
|||||||||
||**A3 Payments**|||||||
|||||||||
||Rent|**205.82**||
**-**|
**-**|
**205.82**|
**3,072.00**|
||Computer expenses|**195.40**||
**-**|
**-**||**1,052.00**|
||Missionaries|**60.00**||
**-**|
**-**|
**60.00**|
**1,050.00**|
||Conferences|**-**||
**-**|
**-**|
**-**|
**1,161.00**|
||Charity events|**-**||
**-**|
**-**|
**-**|
**1,685.00**|
||Miscellaneous|**94.46**||
**-**|
**-**|
**94.46**|
**-**|
||**_Sub total_**|**555.68**||
**-**|
**-**|
**360.28**|
**8,020.00**|
||||||||-|
||**A4 Asset and**
**investment**|**-**||||**-**|
**-**|
|||**-**||
**-**|
**-**|
**-**||
|||**-**||
**-**|
**-**|
**-**||
||**_Sub total_**|**-**||
**-**|
**-**|
**-**|
**-**|
|||||||||
||**_Total payments_**|**555.68**||**-**|**-**|**360.28**|**8,020.00**|
|||||||||
||**_Net of receipts/(paym_**|
**3,578.32**||
**-**|
**-**|
**3,578.32**|
**-113.00**|
||**A5 Transfers between**|**-**||
**-**|
**-**|
**-**|
**-**|
||**A6 Cash funds last yea**|
**1,476.00**||
**-**|
**-**|
**8,802.61**|
**1,589.00**|
||**_h funds this year end_**|**5,054.32**||
**-**|
**-**|
**5,054.32**|
**1,476.00**|
|||||||||
|||||||||
5
## **SINAI MISSION CHURCH**
Registered UK Charity: 1160874
|**Section B Statement of assets and liabilities**|**Section B Statement of assets and liabilities**|**Section B Statement of assets and liabilities**|**Section B Statement of assets and liabilities**|**Section B Statement of assets and liabilities**||
|---|---|---|---|---|---|
|**Categories**|**Details**||**Unrestri**
**cted**
**funds**|**Restricted**
**funds**|
**Endowme**
**nt funds**|
||||**to nearest**
**£**|
**to nearest £**|**to nearest £**|
|**B1 Cash funds**|Cash/ Cheques in hand||**-**|
**-**|
**-**|
||Cash at bank||**5,054**|
**-**|
**-**|
||||**-**|
**-**|
**-**|
||**_Total cash funds_**||**5,054**|
**-**|
**-**|
||(agree balances w ith receipts and
payments account(s))||OK
|OK|OK|
||||**Unrestri**
**cted**
**funds**|**Restricted**
**funds**|
**Endowme**
**nt funds**|
||**Details**||**to nearest**
**£**|
**to nearest £**|**to nearest £**|
|**B2 Other monetary**
**assets**|||**-**||**-**|
|||||**-**|
**-**|
||||**-**|
**-**|
**-**|
|||||||
||**Details**||**Fund to**
**which**
**asset**
**belongs**|**Cost**
**(optional)**|**Current**
**value**
**(optional)**|
|**B3 Investment**
**assets**||||**-**|
**-**|
|||||**-**|
**-**|
|||||||
||**Details**||**Fund to**
**which**
**asset**
**belongs**|**Cost**
**(optional)**|**Current**
**value**
**(optional)**|
|**B4 Assets retained**
**for the charity’s**
**own use**|Sound System|||**-**|
**-**|
|||||**-**|
**-**|
|||||**-**|
**-**|
|||||||
||**Details**||**Fund to**
**which**
**liability**
**relates**|**Amount due**
**(optional)**|**When due**
**(optional)**|
|**B5 Liabilities**||||**-**||
|||||**-**||
|||||||
|Signed by one or two
trustees on behalf of all
the trustees|Signature||Print Name||Date of
approval|
||||Pastor: Seejo Joy|||
|||||||
These accounts were approved by the trustees and signed on their behalf by:
Mr Thomas Vakkechalil John
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## **SINAI MISSION CHURCH**
Registered UK Charity: 1160874
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st January 2021**
## **ACCOUNTING POLICIES**
## **Basis of Accounting**
These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year.
## **Funds**
The CIO has a general unrestricted fund that receives voluntary donations from attendants at the services. The CIO has no outstanding guarantees to third parties no any debts secured on the assets of the CIO
## **Public Benefit**
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit. Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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