Company registration number: 1167814 Charity registration number: 1167814
ALFA & OMEGA LONDON TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
KALOMART & CO ACCOUNTANTS
ALFA & OMEGA LONDON Contents
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Report | 2—3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities (including Income and Expenditure Account) | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7—11 |
ALFA & OMEGA LONDON Reference and Administrative Details For The Year Ended 30 June 2023
Trustees VASILE BUCUR - Chair IULIAN HIRTOPANU Charity Number 1167814 Company Number 1167814 Principal Address 6 Elmwood Crescent LONDON NW9 0NL Independent Examiner M Nsiah BA FCCA KALOMART & CO ACCOUNTANTS First Floor 2 Market Place London London SE16 3UQ
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ALFA & OMEGA LONDON Company No. 1167814 Trustees' Report For The Year Ended 30 June 2023
The trustees present their report and the financial statements for the year ended 30 June 2023.
Objectives and Activities
Aims and Objectives
The Object of the CIO is, for the public benefit, the advancement of the Christian faith in accordance with the Statement of Faith in such ways as the Charity Trustees may from time to time decide.
Objectives, strategies and activities
Alfa & Omega Romanian Pentecostal Church is committed to enabling as many people as possible from the local community to worship at and become part of our church.
There is a large Romanian community in the North West London and we aim to serve it as much as we can. The service is delivered in Romanian but all are welcome to attend and we endeavour to provide one to one interpreting to any guest who wishes to join us in worship but does not speak Romanian.
The Trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. We try to enable ordinary people in our community and neighbouring boroughs, from any denomination and background, to live out their faith through worship and prayer, Bible study, missionary and outreach work. Our church also aims to provide pastoral care to people in the community and reach out to those who are in need, sick or homeless.
Significant Activities
Until March 2020, our church had three worship services per week. We had our morning and evening Sunday services, where people came together to worship, praise the Lord through music and prayers, and listen to the word of God through the sermon delivered by preachers in our church or visiting speakers. There was another prayer service every Thursday evening, when the atmosphere was more contemplative, quiet and intimate.
However, this year has been a challenging one for everyone. Due to the Covid situation, our worship services in church were suspended and we have been compelled to continue to praise the Lord by arranging Zoom meetings twice a week. The church building hosting our church was also closed for renovations.
At the beginning of 2019, the church had 197 members. However, due to the pandemics, some of our members decided to go back to Romania and some moved, temporarily or permanently, to churches who were able tomeet in person
Pastoral Care
Until March 2020, our church used to run the Sunday school every week except on school holidays. Sisters in our church, who are of good character and knowledgeable of the Bible, delivered this service, while one of the trustees, presbyter Iulian Hirtopanu, coordinated it. The children were taught important lessons from the Bible, through games, play and written/video materials. Sunday school has been suspended until it is deemed safe again.
Another trustee, deacon Ionut Cirdei, ran the youth group, who used to meet every Tuesday evening for Bible study and prayer. The young people in our church were encouraged to explore and develop their faith through being part of the church choir, worshipping God through music and singing, and serving others through missionary work. They have organised several missionary trips to Romania and Uganda, where they delivered the Gospel in a practical way, through helping the needy. The group has also been unable to meet since March 2020 due to the lockdown situation.
Due to health problems, some members could not attend the services or needed financial help to get them through difficult times. We provided financial help to several families, both in the UK and Romania, and we have contributed with funds to sponsor an orphanage in Uricani, Romania.
As our church moved to online services, because of the lockdown situation, all face-to-face meetings were suspended from March 2020.
Additional Note
From time to time, we may offer grants to other charities who promote the advancement of the faith. We would like to acknowledge the contribution of our many volunteers, who have listened to the calling of our Lord and have selflessly devoted their time and finances to spread the Good News mainly locally, in the UK
Achievements and Performance
Main Achievements
Worship and Prayer
Our church had three worship services per week. We had our morning and evening Sunday services, where people came together to worship, praise the Lord through music and prayers, and listen to the word of God through the sermon delivered by preachers in our church or visiting speakers. There was another prayer service every Wednesday evening, when the atmosphere was more contemplative, quiet and intimate. Since June 2021, our church gathers for worship at Kingsbury Green Primary School.
Pastoral Care
...CONTINUED
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ALFA & OMEGA LONDON Trustees' Report (continued) For The Year Ended 30 June 2023
Main Achievements - continued
Our church runs the Sunday school every week except on school holidays. Sisters in our church, who are of good character and knowledgeable of the Bible, deliver this service, while one of our community members, Vasile Bejerea, coordinates it. The children are taught important lessons from the Bible, through games, play and written/video materials. The youth group also meets every Tuesday evening for Bible study and prayer. The young people in our church were encouraged to explore and develop their faith through being part of the church choir, worshipping God through music and singing, and serving others through missionary work.
They have also participated in several trips across the UK, where they delivered the Gospel in a practical way, through helping the needy.
We continued to provide financial help with funeral costs for some members of our church and gave hardship grants to individuals with
medical and financial problems.
Mission and Evangelism
We have collection service every Sunday, no membership fee and sometime fundraising events when everyone is encouraged to find their
place in the body of Christ, the church, and contribute financially but also with their time and effort. Many have responded to this calling.
Financial Review
Reserves Policy
It is a policy of Alfa & Omega London to maintain a balance on unrestricted funds of £25,000 if possible, which roughly equates to the yearly lease payments and other church running costs.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
VASILE BUCUR
Trustee 27/10/2025
Page 3
ALFA & OMEGA LONDON Independent Examiner's Report to the Trustees of ALFA & OMEGA LONDON For The Year Ended 30 June 2023
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2023.
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
M Nsiah BA FCCA 28/10/2025 KALOMART & CO ACCOUNTANTS First Floor 2 Market Place London London SE16 3UQ
Page 4
ALFA & OMEGA LONDON Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 June 2023
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 EXPENDITURE ON: Raising funds 8 Charitable activities 8 NET EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 17 |
2023 Unrestricted funds £ 90,252 8,607 3,030 68 |
2022 Unrestricted funds £ 77,110 - - 13 |
|---|---|---|
| 101,957 | 77,123 | |
| (34,415) (86,624) |
(21,632) (74,086) |
|
| (121,039) | (95,718) | |
| (19,082) | (18,595) | |
| (19,082) 48,781 |
(18,595) 67,375 |
|
| 29,699 | 48,780 |
The notes on pages 7 to 11 form part of these financial statements.
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ALFA & OMEGA LONDON Balance Sheet As At 30 June 2023
| Notes FIXED ASSETS Tangible Assets 13 CURRENT ASSETS Debtors 14 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 15 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 17 |
2023 Unrestricted funds £ 1,245 |
2022 Total funds £ 1,557 |
|---|---|---|
| 1,245 19,703 13,203 |
1,557 19,203 32,470 |
|
| 32,906 (4,452) |
51,673 (4,450) |
|
| 28,454 | 47,223 | |
| 29,699 | 48,780 | |
| 29,699 | 48,780 | |
| 29,699 | 48,780 | |
| 29,699 | 48,780 |
For the year ending 30 June 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
VASILE BUCUR
Trustee 27/10/2025
The notes on pages 7 to 11 form part of these financial statements.
Page 6
ALFA & OMEGA LONDON Notes to the Financial Statements For The Year Ended 30 June 2023
1. General Information
ALFA & OMEGA LONDON is a company limited by guarantee, incorporated in England & Wales, registered number 1167814 and registered charity number 1167814. The registered office is .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
The charity is committed to maintaining transparency, accountability, and integrity in the recognition and management of all incoming resources. This policy outlines the principles and procedures governing the receipt, classification, and reporting of income to ensure compliance with applicable accounting standards and regulatory requirements.
Recognition of Income
Income is recognized when the charity has entitlement to the funds, the amount can be measured reliably, and it is probable that the economic benefits will flow to the charity. Donations, grants, and legacies are accounted for on an accrual basis unless otherwise specified by the donor or funder. Restricted income is recognized separately and used in accordance with the donor’s stipulations.
Types of Incoming Resources
Donations and Legacies: Includes cash donations, bequests, and gifts in kind. Legacies are recognized when probate is granted and the amount can be reliably estimated. Grants: Government and institutional grants are recognized when the charity is entitled to the funding and any performance conditions are met. Charitable Activities: Income from services provided in furtherance of the charity’s objectives, including membership fees and event income. Other Trading Activities: Includes income from fundraising events, sponsorships, and sale of goods. Investment Income: Interest, dividends, and other returns on investments are recognized when receivable.
Valuation and Measurement
All income is measured at fair value at the date of receipt. Gifts in kind are valued based on their estimated market value and recorded as both income and expenditure.
Deferred Income
Income received in advance of the charity earning the right to the funds is deferred and recognized in the period in which the charity becomes entitled.
Monitoring and Reporting
All incoming resources are recorded in the financial systems with appropriate documentation and classification. The Finance Committee reviews income reports regularly to ensure accuracy and compliance. Annual accounts are prepared in accordance with the Charities SORP (Statement of Recommended Practice) and submitted to relevant regulatory bodies.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 20% RBM
2.4. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
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ALFA & OMEGA LONDON Notes to the Financial Statements (continued) For The Year Ended 30 June 2023
| Donations and gifts 4. Income from Charitable Activities Charitable Activities UK 5. Income from Other Trading Activities Income from other trading activities 6. Investment Income Bank interest receivable Interest from investments 7. Net Income/(Expenditure) The net expenditure is stated after charging/(crediting): Depreciation of tangible fixed assets - owned 8. Analysis of Expenditure Raising funds Charitable Activities- Overseas Charitable Activities UK |
Activities undertaken directly £ 7,000 41,975 - |
2023 Unrestricted funds £ 90,252 |
2022 Unrestricted funds £ 77,110 |
|---|---|---|---|
| 2023 Unrestricted funds £ 8,607 |
2022 Unrestricted funds £ - |
||
| 2023 Unrestricted funds £ 3,030 |
2022 Unrestricted funds £ - |
||
| 2023 Unrestricted funds £ 68 - |
2022 Unrestricted funds £ - 13 |
||
| 68 | 13 | ||
| 2023 £ 312 |
2022 £ 844 |
||
| Support costs (see note 9) £ 27,415 9,750 34,899 |
2023 Total £ 34,415 51,725 34,899 |
||
| 48,975 | 72,064 | 121,039 |
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ALFA & OMEGA LONDON Notes to the Financial Statements (continued) For The Year Ended 30 June 2023
| Raising funds Charitable Activities- Overseas Charitable Activities UK |
Activities undertaken directly £ 10,022 40,224 - |
Support costs (see note 9) £ 11,610 9,071 24,791 |
2022 Total £ 21,632 49,295 24,791 |
|---|---|---|---|
| 50,246 | 45,472 | 95,718 |
9. Support Costs
| . Support Costs |
||||
|---|---|---|---|---|
| Employee costs Premises expenses General administration Depreciation Governance costs |
Raising funds £ 3,928 22,328 847 312 - |
Charitable Activities- Overseas £ 9,750 - - - - |
Charitable Activities UK £ 11,820 22,328 - - 751 |
2023 Total £ 25,498 44,656 847 312 751 |
| 27,415 | 9,750 | 34,899 | 72,064 |
| Employee costs Premises expenses General administration Depreciation Governance costs |
Raising funds £ 9,072 760 934 844 - |
Charitable Activities- Overseas £ 9,071 - - - - |
Charitable Activities UK £ - 22,341 1,700 - 750 |
2022 Total £ 18,143 23,101 2,634 844 750 |
|---|---|---|---|---|
| 11,610 | 9,071 | 24,791 | 45,472 |
10. Independent Examiner's Remuneration
| 0. Independent Examiner's Remuneration |
||
|---|---|---|
| Independent examination of the financial statements Other assurance services Tax advisory services Other financial services |
2023 £ 751 - - - 751 |
2022 £ 750 - - - |
| 750 |
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ALFA & OMEGA LONDON Notes to the Financial Statements (continued) For The Year Ended 30 June 2023
11. Staff Costs
Staff costs were as follows:
| taff costs were as follows: | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Wages and salaries | 19,500 | 18,143 |
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
12. Average Number of Employees
Average number of employees during the year was: 2 (2022: 2)
13. Tangible Assets
| Cost As at 1 July 2022 As at 30 June 2023 Depreciation As at 1 July 2022 Provided during the period As at 30 June 2023 Net Book Value As at 30 June 2023 As at 1 July 2022 4. Debtors Due within one year Trade debtors Other debtors |
2023 £ - 19,703 19,703 |
Computer Equipment £ 4,219 |
|---|---|---|
| 4,219 | ||
| 2,662 312 |
||
| 2,974 | ||
| 1,245 | ||
| 1,557 | ||
| 2022 £ 6,780 12,423 |
||
| 19,203 |
14. Debtors
- Creditors: Amounts Falling Due Within One Year
| 5. Creditors: Amounts Falling Due Within One Year |
||
|---|---|---|
| Trade creditors Other creditors Taxation and social security Accruals and deferred income |
2023 £ (1) 3,517 186 750 4,452 |
2022 £ (2) 3,517 185 750 |
| 4,450 |
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ALFA & OMEGA LONDON Notes to the Financial Statements (continued) For The Year Ended 30 June 2023
16. Contingent Liabilities
At the end of the period
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| 12,500 | - |
Annual rental commitment due isx months of £12,500
17. Movement in Funds
| 7. Movement in Funds |
||||
|---|---|---|---|---|
| Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 July 2022 £ 48,781 |
Income £ 101,957 |
Expenditure £ (121,039) |
As at 30 June 2023 £ 29,699 |
| 48,781 | 101,957 | (121,039) | 29,699 | |
| As at 1 July 2021 £ 67,375 |
Income £ 77,123 |
Expenditure £ (95,718) |
As at 30 June 2022 £ 48,780 |
|
| 67,375 | 77,123 | (95,718) | 48,780 |
18. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
| 2023 | 2022 |
|---|---|
| £ | £ |
19. Related Party Disclosures
20. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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