Charity no. 1163808 ## AGAPE LIFE CHAPEL INTERNATIONAL ## REPORT AND FINANCIAL STATEMENTS Year ended 30th September 2020 Page 1 ## **AGAPE LIFE CHAPEL INTERNATIONAL** ## **Report of the trustees for the year ended 30th September 2020** The trustees present their annual report and financial statements of the charity for the year ended 30th September 2020. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice. ## **Objectives and activities for the public benefit.** The purposes of the trust continue to be the advancement of the Christian religion by preaching the gospel of God about His only Son, Jesus Christ. The relief of poverty, sickness and distress. Any other charitable purposes according to the laws of England and Wales as the Trustees may from time to time think fit. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. The trustees achieve this by separate strategies aimed at those who do not have a relationship with Jesus Christ and those who have already accepted Jesus Christ as their Lord and Saviour. Non believers are targeted by various outreach activities based either in the local community or further afield. For believers, the trustees endeavour to create an environment where a person's faith can be increased and matured by access to: Regular biblical teaching Praise. Worship and Prayer meetings Provision of pastoral work Visiting and praying for the sick and infirmed ## **A review of our achievements and performance** Even with the difficulties caused by the pandemic during the year, we were still able to achieve great results. We were able to hold our annual conference, although this was virtual rather than personally attended. We also held two more conferences, namely the WOW (Words of Wisdom) Conference and an online live stream of words of motivation, counselling and prayer to help people navigate through the difficult times as they combatted Covd-19. Page 2 ## **AGAPE LIFE CHAPEL INTERNATIONAL** ## **Report of the trustees for the year ended 30th September 2020** ## **A review of our achievements and performance (contd)** We also engaged in supplying food packages for the needy. We have fed over 20 families through the pandemic and also about 8 individuals who are not connected at all to our charity. We carried out gardening for those unable to carry out these tasks. We also spent time doing Christmas shopping give always in the community. We are hoping to support a hundred people through this initiative including BAME and anyone in need. ## **Financial review** The work of the trust is entirely dependent on the voluntary offerings of people attending the various meetings that have taken place during the year. The income of the year decreased by 6% to £39,841 (2019 = £42,218 ). This includes amounts received under the Gift Aid system. ## **Risk management** The main risks faced by the trust are as follows: ## a. Financial This includes a serious decrease in the amount of income received and thereby causing the trust to be unable to meet its financial commitments. This has been mitigated by the trust receiving regular up to date financial information to enable the trustees to plan accordingly. ## b. Reputational In dealing with reputational risk, we communicate with all departments, the young, the old and the children with regard to the reputation of the charity. We ensure that there are strong and consistent enforcement of controls on governance and ministerial and legal compliance laid down by the Charity Commission. The ministerial team ensures that any reputational threats are monitored. The trustees also ensure that ethical practices are maintained in all that we do. ## **Reserves Policy** The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to enable financial commitments to be met and also give them enough time to review and revise ongoing commitments should a long term decrease in income be recognised. Page 3 **AGAPE LIFE CHAPEL INTERNATIONAL** ## **Report of the trustees for the year ended 30th September 2020** ## **Reserves Policy (contd)** The level of unrestricted reserves as at 30th September 2020 was £19,431. Three months average unrestricted expenditure excluding depreciation totals £6,000 The current level of reserves is therefore adequate as per the above policy. ## **Plans for the future** Looking into next year, we are hoping to continue all of the present projects and also see how we can gradually and healthily get back into the old way of worshipping and building. We have tried as much as possible to comply with all of the Government regulations regarding Covid-19 and, hopefully, we can continue to work together for the betterment of our community. ## **Structure, governance and management** The trust is a registered charity, number 1163808 and is constituted under a trust deed dated 1st June 2015. The trust does not raise funds from the public and seeks to continue its charitable works through the careful stewardship of the donations from members. New trustees are appointed by the existing trustees. Regular discussions include the way forward, the level of reserves, the financial position, risk management policies etc. The day to day leading of the charity is delegated to Pastor Avagah. New trustees are chosen from the membership after showing continuous integrity and faithfulness to the charity. Before accepting the position, the potential trustee is given copies of the Trust Deed, previous financial statements and meets with the existing trustees for an overview of the plans of the charity for the future. Any training requests are quantified and arranged as necessary. ## **Key management personnel remuneration.** The trustees consider the board of trustees as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a day to day basis. All trustees give their time freely and no trustee remuneration was paid in the year. Related party transactions are shown in note 7. Trustees are required to disclose all relevant interests and are required to withdraw from decisions where a conflict of interest arises. All remuneration is reviewed annually by the board of trustees. Page 4 ## **AGAPE LIFE CHAPEL INTERNATIONAL Report of the trustees for the year ended 30th September 2020** ## **Reference and administrative information** Trustees Rev Kingsley Avagah Mr Japhet Malema Mr Friday Dosa Principal office Civic Centre Car Park Mezzanine Floor College Road Doncaster DN1 3JH Independent Examiner George Kitcher FCA Regus 15th Floor Brunel House 2 Fitzalan Road Cardiff CF24 0EB Bankers Barclays Bank Plc 20 - 26 - 55 Page 5 ## **AGAPE LIFE CHAPEL INTERNATIONAL Report of the trustees for the year ended 30th September 2020** ## **Trustees' responsibilities in relation to the financial statement** The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements in each 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 the financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgments and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - 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 to 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 trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by the trustees on 20th January 2021 and signed on their behalf by: Japhet Malema - Trustee ............................................................... Page 6 ## **Independent Examiner's Report to the Trustees of:** ## **AGAPE LIFE CHAPEL INTERNATIONAL** I report on the accounts for the trust for the year ended 30th September 2020 which are set out on pages 8 to 13. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity Trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act - follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and - * 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 Direction given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity 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 on any such matters. The procedures undertaken do not provide all the evidence that would be required by an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements # to keep accounting records in accordance with section 130 of the Charities Act, and # to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. George Kitcher George Kitcher FCA Date 26.01.2021 Chartered Accountant Regus 15th Floor Brunel House Cardiff CF24 0EB Page 7 ## **AGAPE LIFE CHAPEL INTERNATIONAL Statement of Financial Activities Year ending 30th September 2020** |||**Restd**|**Un/Restd**|**Total**|**Total**| |---|---|---|---|---|---| ||**Note**|**Funds**|**Funds**|**Funds**|**Funds**| |||||**2020**|**2019**| |||**£**|**£**|**£**|**£**| |**Income**|1||||| |Donations|3|0|15,653|15,653|32,218| |Investment Income|4|0|0|0|0| |Grants||24,188|0|24,188|10,000| |TOTAL INCOME||24,188|15,653|39,841|42,218| |**Expenditure**|1||||| |Expenditure on charitable|||||| |activities|5|26,188|967|27,155|45,357| |TOTAL EXPENDITURE||26,188|967|27,155|45,357| |Net incoming/(expenditure)||-2,000|14,686|12,686|-3,139| |Reconciliation of funds|||||| |Total funds brought forward||2,000|4,745|6,745|9,884| |Total funds carried forward||0|19,431|19,431|6,745| Page 8 |**AGAPE LIFE CHAPEL INTERNATIONAL**|**AGAPE LIFE CHAPEL INTERNATIONAL**||| |---|---|---|---| |**Balance Sheet as at 30th September 2020**|||| ||**Note**|**Total**|**Prior**| |||**Funds**|**Year**| |||**£**|**£**| |**Fixed Assets**|1,8||| |Equipment||9,543|6,720| |**Current assets:**|||| |Debtors||1,109|2,561| |Cash at bank and in hand||11,622|257| |Total current assets|9|12,731|2,818| |**Liabilities:**|||| |Creditors falling due within|||| |one year|10|-2,843|-2,793| |Net Current assets||9,888|25| |Net Assets||19,431|6,745| |The funds of the charity:|1||| |Unrestricted income funds||19,431|4,745| |Restricted income funds||0|2,000| |Total charity funds||19,431|6,745| The notes at pages 10 to 13 form part of these accounts Approved by the trustees on 20th January 2021 and signed on their behalf by: Japhet Malema - Trustee Page 9 **AGAPE LIFE CHAPEL INTERNATIONAL Notes to the accounts** ## **1. Accounting Policies** ## (a) Basis of preparation and assessment of going concern The accounts (financial statements) have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice, the Charities Act 2011 and the conditions of the Trust Deed. The accounts have been prepared under the historic cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. ## (b) Funds structure The unrestricted funds are available to be spent on the furthering of the objects of the charity as seen fit and proper by the trustees. The charity received restricted funds totalling £24,188 during the year and these funds were used to help the needy during the pandemic and also contribute towards the core costs of the charity. All amounts had been spent at the year end. ## (c) Income recognition All income is recognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. Donations from members and other donations are recognised when received. Income in respect of HMRC Gift aid claims is recognised when the claim has been submitted to HMRC. Interest on funds held on deposit is included upon notification of the interest payable by the Bank. ## (d) Expenditure recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured quickly. All expenditure is recognised on an accruals basis. ## (e) Irrecoverable VAT Irrecoverable VAT is charged against the expenditure head for which it was incurred. Page 10 ## **AGAPE LIFE CHAPEL INTERNATIONAL Notes to the accounts** ## (f) Governance costs Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include the independent examination and any costs incurred relating to trustee board meetings. ## (h) Charitable activities The expenditure on charitable activities includes the governance costs and is shown in note 5. ## (i) Tangible fixed assets and depreciation All assets costing more than £250 are capitalised and valued at historic cost. Depreciation is charged from the year of acquisition at rate of 25% pa on a reducing value basis. ## (j) Pensions At the current time the charity does not have any staff. ## **2. Related party transactions and trustees' expenses and remuneration** The trustees all give freely of their time and expertise without any form of remuneration or other benefit in cash or kind. There are entitled to claim any expenses. The amount of expenses paid during the year was £nil ( 2019 = £nil) |**3. Income**|**2020**|**2019**| |---|---|---| ||**£**|**£**| |Donations|12,158|25,728| |Gift Aid|3,495|6,490| |Grants received|24,188|10,000| ||39,841|42,218| |**4. Investment Income**||| ||**2020**|**2019**| ||**£**|**£**| |Interest on cash deposits|0|0| Page 11 ## **AGAPE LIFE CHAPEL INTERNATIONAL Notes to the accounts** |**AGAPE LIFE CHAPEL INTERNATIONAL**
**Notes to the accounts**||||| |---|---|---|---|---| ||**Restd**|**U/Restd**|**TOTAL**|| |**5.Expenditure on charitable activities**|**2020**|**2020**|**2020**|**2019**| ||**£**|**£**||**£**| |Venue Rent|366|134|500|0| |Council Tax|0|0|0|428| |Insurance|0|180|180|335| |Help for the Community|4,200|0|4,200|0| |Conference Expenses|2,500|0|2,500|0| |Ministry Costs|11,775|0|11,775|18,000| |Donations and Visiting Speakers|0|625|625|8,521| |Communications|0|28|28|113| |Professional Fees|970|0|970|1,180| |Repairs and Replacements|0|0|0|573| |Depreciation|3,177|0|3,177|2,232| |Communion|0|0|0|85| |Travel Expenses|280|0|280|2,850| |Anniversary Costs|0|0|0|2,880| |Property Repairs|0|0|0|8,000| |Volunteer Expenses|2,920|0|2,920|0| |Administration Expenses|0|0|0|160| |TOTAL EXPENDITURE|26,188|967|27,155|45,357| |**6. Governance costs**||**2020**||**2019**| |||**£**||**£**| |Independent Examination||425||375| |Costs of meetings||0||0| |||425||375| |**7. Analysis of ministry costs**||**2020**||**2019**| |||**£**||**£**| |Remuneration||11,775||18,000| Page 12 **AGAPE LIFE CHAPEL INTERNATIONAL Notes to the accounts** ## **7. Analysis of ministry costs (contd)** The charity did not have any full time employees during the year. ( 2019 = 0 ) Pastor K Avagah, a Trustee, was remunerated on a self employed basis and received £11,775 during the year. (2019 = £18,000) ## **8. Fixed Assets** ||**Equipment**|**Total**| |---|---|---| ||**£**|**£**| |**COST**||| |Balance at 01.10.19|11,405|11,405| |Additions|6,000|6,000| |Balance as at 30.09.20|17,405|17,405| |**DEPRECIATION**||| |Provided at 01.10.19|4,685|4,685| |Charge for year|3,177|3,177| |Balance as at 30.09.20|7,862|7,862| |**WDV**||| |As at 30.09.20|9,543|9,543| |As at 30.09.19|6,720|6,720| |**9. Analysis of current assets**|**2020**|**2019**| ||**£**|**£**| |Gift Aid repayment|751|2,061| |Prepayment|358|0| |Rent Deposit|0|500| |Bank Balances|11,622|257| ||12,731|2,818| |**10. Analysis of current liabilities**||| ||**2020**|**2019**| ||**£**|**£**| |Creditors under 1 year|2,843|2,793| Page 13