2021-12-31-accounts

GENERATIONS OF GOD CHURCH INTERNATIONAL UK Reports and Financial Statements Legal and administrative information

Status

Registered charitable organisation since 27 April 2016.

Trustees

Pst. Bamidele Ogunyewo (Chairman) Mrs Victoria Ukpe (Secretary) Mrs Betty Oyefeso-Akerele (Treasurer) Mr Edward Ishola

Correspondence address

121 Brierley, New Addington, Croydon. CR0 9DR.

Charity's operations address

Unit 16, Meridian Centre Vulcan Way, New Addington, Croydon. CR0 9UG.

Registered charity number

1166801

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GENERATIONS OF GOD CHURCH INTERNATIONAL UK

Reports and Financial Statements

Trustees' Report

The trustees presents its report and the unaudited financial statements for the year ended 31 December 2021.

Activities

The church continued with its regular activities during the year, which includes hosting Christian worship services, bible studies, outreach and evangelism in the community and its environs. However, due to the Corona Virus pandemic and subsequent lockdowns during the year, services were held online during the lockdown while in-person worship services resumed when lockdown was lifted.

The elders of the Church in conjunction with the Senior Pastor, engaged in regular visitation to members to admonish and pray with them and their families as well as comfort those with bereavement.

Responsibilities and basis of preparation of the report

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the trustees

Pastor Bamidele Ogunyewo (Senior Pastor)

Date ……………………………….

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GENERATIONS OF GOD CHURCH INTERNATIONAL UK

Reports and Financial Statements

Independent Examiner's report to the Trustees

Year Ended 31ST DECEMBER 2021

I report on the accounts of the Charity for the Year ended 31st December 2021 which are set out on pages 5 to 8 of this report.

Respective responsibilities of trustees and examiner :

The charity’s trustees are responsible for the preparation of the accounts.

The charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

It is my responsibility to:

Examine the accounts under section 43 of the 1993 Act; to follow the procedures laid down in the general directions given by the Charity Commission under section 43(7)b of the 1993 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 Commission. 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 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’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 41 of the 1993 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 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.

JSO Accountancy 65 Sundew Road Bristol BS16 7NP.

Date.....................................................

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GENERATIONS OF GOD CHURCH INTERNATIONAL UK

Reports and Financial Statements

Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 December 2021

Unrestricted Funds Notes £ Incoming resources: Voluntary Donations 90,145 Total Incoming resources 90,145 Resources Expended: Resources Expended 4 30,814 Total Resources Expended 30,814 Net Surplus / (Deficit) for the year 59,331 Opening Funds 89,943 Closing Funds 149,274	Total Total Funds Funds 2021 2020 £ £ 90,145 71,337 90,145 71,337 30,814 17,040 30,814 17,040 59,331 54,297 89,943 35,646 149,274 89,943

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GENERATIONS OF GOD CHURCH INTERNATIONAL UK

Reports and Financial Statements

Balance Sheet as at 31 December 2021

Fixed assets Equipment Furniture Current assets Debtors Cash at Bank and in Hand Less: Current Liabilities Net Assets Unrestricted Funds Signed on behalf of the trustees …………………………………………….. Pastor Bamidele Ogunyewo REPRESENTED BY:	Notes 2 2 3 3	£ £ £ £ 6,939 8,674 330 413 15,500 15,500 127,480 66,231 142,980 81,731 (975) (875) 142,005 80,856 149,274 89,943 149,274 89,943 149,274 89,943 ………………………………. Date 2021 2020

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GENERATIONS OF GOD CHURCH INTERNATIONAL UK

Reports and Financial Statements

Notes forming part of the financial statements for the year ended 31 December 2021

1. Accounting policies

a) The financial statements have been prepared under the Statement of Recommended Practice - Accounting and Reporting by Chariities, issued in March 2005 and follows the Charities (Accounts and Reports) Regulations 2008.

b) Voluntary income is received by the way of members commitment to religious service tithes and offerings. Donations received is included in full in the Statement of Financial Activities in the year in which they are received.

c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

d) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows: - Equipment 20% - Furniture 20%

e) Unrestricted funds are donations and other incoming resources received for the objects of the charity without further specified purpose and are available as general funds.

f) Restricted funds are to be used for specific purposes as laid down by the donor.

2. Tangible Fixed Assets

Tangible Fixed Assets
Cost: As at 1 January 2021 Addition As at 31 December 2021 Depreciation: As at 1 January 2021 Charge As at 31 December 2021 Net Book Value: As at 31 December 2021 As at 1 January 2021	Equipment £ 17,531 17,531 8,857 1,735 10,592 6,939 8,674	Furniture £ 1,574 1,574 1,161 83 1,244 330 413	Total £ 19,105 19,105
			10,018 1,818
			11,836
			7,269
			9,087

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GENERATIONS OF GOD CHURCH INTERNATIONAL UK

Reports and Financial Statements

Notes forming part of the financial statements for the year ended 31 December 2021

3 Debtors & Prepayments Member Loans 4. Current Liabilities Trade Creditors & Accruals 5. Total Resources Expended Donations and Welfare Offerings Events & Outreach Cost Rent & Rates Electricity & Gas Insurance Travelling and Motor Expenses Telephone & Internet Multimedia Repairs & Consumables Books & Clergy Items Legal & Professional Fees Accountancy Fees Depreciation Total		2021 £ 15,500 2021 £ 975 975 2021 Total £ 4,200 1,237 9,945 2,468 429 2,361 963 4,764 1,654 - 975 1,818 30,814	2020 £ 15,500
			2020 £ 875
			875
			2020 Total £ 1,900 960 3,945 1,620 429 609 704 2,488 1,239 - 875 2,271
			17,040

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Registered Charity No: 1166801

GENERATIONS OF GOD CHURCH INTERNATIONAL UK

Reports and Financial Statements Year ended: 31 December 2021

GENERATIONS OF GOD CHURCH INTERNATIONAL UK Reports and Financial Statements

Contents

Page No
1	Legal and administrative information
2	Report of the Management Committee
3	Independent Examiners Report
4	Statement of Financial Activities
5	Balance Sheet
6-7	Notes forming part of the financial statements