2024-03-31-accounts - Trinity Temple

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TRINITY TEMPLE

Trustees Report & Accounts 31[st] March, 2024

Presented to: Church Council

Trinity Temple 29 Nettlecombe Bracknell Berkshire RG12 0UG

TRINITY TEMPLE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH, 2024.

The trustees of the charity present their report with the financial statements of the charity for the year ended 31[st] March, 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS:

Registered Charity Number: 1165751 Registered Office: 29 Nettlecombe Bracknell Berkshire RG12 0UG

Trustees: Rev David Manu Trustee (Chairman) Ms Marian Nyarko Trustee

Independent Examiners:

Kaxton Advisory Ltd Suite 6 The Generator Business Centre Surrey CR4 3FH

Bankers:

Lloyds Bank 10 High Street Bracknell RG12 1BT

STRUCTURE, GOVERNANCE AND MANAGEMENT:

Governance

The church is governed by a Constitution and the Church Council, as defined by the Charities Act 2011.

Membership of trustee board:

The trustees of the charity are also voluntary trustees for the purposes of charity law and under the charity's Constitution are known as members of the Trustees Board.

Induction and training of trustees

All trustees are familiar with the practical work of the church and have undertaken training to support their role.

Organizational structure

The Trustee Board meets quarterly and a quarterly branch feedback report is given at each meeting. The Branch Pastor has the responsibility for the day to day operational management of the church supported by the Assistant Pastor elected by the branch.

Risk management

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Internal control risks are minimized by the implementation of procedures for authorization of all transactions and projects. Procedures and risk assessments are in place to ensure compliance with Health and Safety of volunteers; members; children; and visitors to the church

OBJECTIVES AND ACTIVITIES:

Objectives- For the Benefit of the public

a) To advance the Christian faith in accordance with the statement in such ways in such parts of the United Kingdom or the world as the Church Council from time to time may deem fit.
b) To relieve sickness and financial hardship and to promote and preserve good health by the provision f funds, goods or services of any kind including through the provision of counseling and support in such ways in such parts of the United Kingdom or the world as the Church Council from time to time may deem fit
c) To advance education in such ways in such parts of the United Kingdom or the world as the Church Council from time to time may deem fit.

ACHIEVEMENTS AND PERFORMANCE:

Achievements :

a) The church maintained its multi cultural status. Congregants are made of multi-racial people.
b) Hospital and home visitation for the community and church members.
c) Financial assistance for the needy in the community and the church.
d) Counseling children with problems and various issues.
e) Youth Development Programs in self confidence and Christian values.
f) Evangelism through the community.
g) Women counseling.
h) The Church continues to support the members and the community in their spiritual and physical needs.

FINANCIAL REVIEW:

Church Finances:

The church finance committee was responsible for the financial planning during the year. The church was able to raise £6,549.00 within the year as well as a total spending of £5,875 . 00 This resulted in a surplus of £674.00

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice (UK GAAP).

Charity law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with the United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period. In preparing those financial statements, the trustees are required to

Select suitable accounting policies and then apply them consistently;
Make judgments and estimates that are reasonable and prudent;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Charities Act 2011.

They 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.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINERS

So far as the trustees are aware, there is no relevant information of which the charity’s independent examiners are unaware, and each trustee has taken all the steps that they ought to have taken as a trustee in order to make them aware of any examination information and to establish that the charity’s independent examiners are aware of that information.

INDEPENDENT EXAMINERS

The independent examiners, Kaxton Advisory Ltd., will be proposed for re-appointment at the forthcoming Annual General Meeting.

On Behalf of the Board:

…………………………..

Rev David Manu

30[th] January, 2025.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRINITY TEMPLE

I report on the accounts of the Church for the year ended 31[st ] March, 2024 which comprise the Statement of Financial Activities, the Balance Sheet and related notes set out on pages 10 to13

This report is made solely to the Trustees Board in accordance with Section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an Independent Examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Church and the Church’s trustees for my examination work.

Respective responsibilities of Trustees and Examiner

The Church’s trustees are responsible for the preparation of the accounts. They 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);
To follow the procedures laid down in the General Directions given by the Charity Commissioner (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 Directions given by the Charity Commissioner.

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 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'5 Statement In LonneLtioii with my examinalion. no maller has come lo m )' allenlion.. l. Which &Jji'es rne reasonable cause lo believ'e Ihal in an}, material respect the requiren)ei)ts to keep accounting records iii acLordaiice ii'iih Section 1_30 01. Ihe Charitie% Act -and to prepare accounts which accord 'Ith thL aLcounling rLLords and coinpl J" H'iih ihe iccouiiling7 requirements ot the Charities Act hae not been rnel. or ? to ,hich. in my opinion. attention shc)uld be drawn li) order to enable a proper understanding of the accounls lo be reached. EMMANUEL ASHILEY. MSC. ACCA KAXTON ADVISORY LTD (¥lllTF. 6 THb. (:F.NF.RATOR BUSINF,S.S CF.NTRF. iURRF.Y CR4 3FH Ifaxton Adviso Siigned: 357,12P?

TRINITY TEMPLE

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31ST MARCH 2024

Note INCOMING RESOURCE Voluntary Income 2 Total RESOURCES EXPENDED Management and Administration 3 Total Resources Expended Net Incoming Resources Net Movement in Funds Balance Brought Forward Transfers Balance Carried Forward		General £ 6,549 6,549 5,875 5,875 674 674 (40,328) - (39,654)	Restricted £ - - - - - - - - -	2024 2023 Total Total £ £ 6,549 6,520 6,549 6,520 5,875 6,059 5,875 6,059 674 461 674 461 (40,328) (40,789) - - (39,654) (40,328)

TRINITY TEMPLE BALANCE SHEET AS AT 31ST MARCH 2024

Non-Current Assets: Musical Equipment Current Assets LLOYDS Bank Creditors Amounts falling due within one year Net Current Assets Non Current Creditors Loans Net Assets Funds General Restricted	Note 5 4	2024 £ 1 1 544 398 146 39,801 (39,654) (39,654) - (39,654)	2023 £ 1 1 246 298 (52) 40,277 (40,328) (40,328) - (40,328)

Approved by the board Council on …30/01/2025... And signed on its behalf by

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David Manu

NOTES TO THE FINANCIAL STATEMENTS:

1. ACCOUNTING POLICIES

The financial statements have been prepared in accordance with applicable accounting standards and the Charities SORP.

Basis of Accounting:

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are show at market value. The financial statements include all transactions, assets and liabilities for which the Church Council is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.

Incoming Resources:

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.

Gifts donated for resale are included as incoming resources within the activities for generating funds when they are sold.

Income from investment is included in the year in which it is receivable.

Resources Expended:

Expenditure is recognized on the accrual basis as a liability is incurred. Charitable expenditure comprises of 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.

TRINITY TEMPLE

NOTES TO THE FINANCIAL STATEMENTS - 31ST MARCH 2024

2 INCOMING RESOURCES

Voluntary Income General Fund Offering Tithe Total		General £ 2,901 3,648 6,549 6,549		Restricted £ - - - -		2024 2023 Total Total £ £ 2,901 2,718 3,648 3,802 6,549 6,520 6,549 6,520	2023

TRINITY TEMPLE NOTES TO THE ACCOUNTS - 31ST MARCH 2024

3:RESOURCES EXPENDED

3:RESOURCES EXPENDED
Charitable Donation: General Travel Expenses Rent Stationery/Administration Accountancy Fee Welfare Pastoral Expenses Depreciation	2024 2023 Management & Admin Total Total £ £ £ 422 422 720 106 106 127 3,840 3,840 3,538 51 51 42 398 398 298 748 748 1,094 310 310 240 - - - 5,875 5,875 6,059	2023
		Total

4 : Creditors

Accounting fees - Accrued	398 298 398 298

TRINITY TEMPLE NOTES TO THE ACCOUNTS - 31ST MARCH 2024

5: FIXED ASSETS

Cost at start Additions Disposal Balance as at 31st March, 2024 Depreciation/Rate Balance at start Charge for the year Balance as at 31st March, 2024 Net Book Value As at Start As at 31st March, 2024	Musical Equipment £ 780 - - 780 0.2 779 - 779 1 1	Total
		£
		780 - - 780 779 - 779 1 1