CHARITY COMMISSION REG.NO: 1168998
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER
FINANCIAL STATEMENT
30 June 2023
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
Report and Account Contents
| Page | |
|---|---|
| Charity Informaton | 1 |
| Trustees' Report | 3 |
| Statement of Financial Actvites | 7 |
| Accountants Report | 8 |
| Balance Sheet | 9 |
| Notes to Accounts | 11 |
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
CHARITY INFORMATION
Board of Trustees Pastor. Peter Adejumo Olatunde Mr Mathew Olawale Oladunjoye Mr Samuel Oluwatosin Adeleye Mr Paul Adegelu Mr Samuel Akinyemi Mr Smart Shodunke Mrs. Julianah Adejumo Mrs Pheby Oyelade Mrs Janet Shodunke Mrs Uwa Obazee Minister In Charge Pastor Peter Adejumo Olatunde 172 Gainsborough Avenue Oldham Church Address Manchester OL8 IAL Website www.tacmanchester.org Email admin@tacmanchester.org 0161 627 4471/ 07402959901 Banker NatWest Bank Unit 6-9 Midway House Long Street Middleton M24 6NW Manchester Accountancy Services Accountant First Floor 144 Cheetham Hill Road Manchester M8 8PZ
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
Trustees' Report
The Trustees present their report and accounts for the Year ended June 2023. The trustees of The Apostolic Church (Lawna) Manchester 172, Gainsborough Avenue, Oldham, have the pleasure of presenting the annual report for the purposes of section 45 of the Charities Act 1993 together with the accounts for the Year ended 30 June 2023.
Legal and Administration
The Charity is governed by its constitution and subject to the regulation of the charity commission. The trustees have adopted the provisions of the Statement of Recommended Practice' Accounting and Reporting by Charities' issued in March 2005, in preparing the annual report and financial statements of the Charity.
Structure, Governance and Management
The Charity is constituted as an association of members. The trustees are appointed and reappointed at the annual general meeting. The daily activities are run by the members of the presbytery and vetted by the board of trustees. The trustees have also incorporated the Charity Commission's guidance on public benefit, particularly the specific guidance on charities for the advancement of religion. The significant risks to which the Charity has been exposed have been assessed, particularly those relating to the specific operational areas of the Charity and its finances. The Trustees believe that by monitoring reserve levels, ensuring controls over the key financial systems and examining the operational risks faced by the Charity, they have established effective strategies to mitigate those risks.
Trustees
The following persons served as a trustee during the Year:
Pastor Peter Adejumo Olatunde
Mr Olawale Oladunjoye
Mr Oluwatosin Samuel Adeleye
Mr Paul Adegelu
Mr Samuel Akinyemi
Mr Smart Shodunke
Mrs Julianah Adejumo
Mrs Pheby Oyelade Mrs Janet Shodunke
Mrs Uwa Obazee
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
Vision & Objectives
The Apostolic Church (Lawna) Manchester is an assembly of The Apostolic Church, an organisation with a presence worldwide.
The Charity's main objectives are:
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The advancement of the Christian religion in the UK and worldwide for the benefit of the
-
general public and alleviation of poverty.
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The teaching of faith in accordance with the bible • The promotion of religious harmony
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Promoting accurate information, mutual understanding and respect for the belief in
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practising different faith.
Activities for the Year
In pursuit of these overall objectives, the Charity operates a Centre for Christian worship located at 172 Gainsborough Avenue, Oldham. In addition, we engage in other communitybased activities, with all our programmes and meetings open to our immediate community and the public at large.
One of our major activity was to provide support to migrants just arriving the country. We supported them in accommodation, job opportunities, food bank, physiologically and morally. We visited and encouraged them, providing useful tips and guidance on how to navigate their way in the city.
As an assembly, our motto is One-fold and One shepherd, this expressly encapsulates our focus that we as believe in oneness and equality as the basis of spiritual and societal relationships creation of God. We also believe everyone must be valued and shown compassion so they can be enabled to live life to the fullest. Through promoting Christian values and ethics, we focus on the family, young, old, elderly, children and all disadvantaged members of society. Our firm belief is that the family unit is a microcosm of society and. Thus seek to ensure Christian family values so that all members within the unit is assisted to be each other's keeper as Christianity teaches. We seek to; furthermore, we encourage this strong family and societal values by encouraging the Christian culture of faith, prayers and other spiritual support at our daily prayer meetings, Sunday services, Tuesday bible study, Friday Prayer Meetings and several other programmes and Christian festivals.
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
We had training in operating multimedia equipment and musical instruments for members who are interested in learning.
We had a health and wellness talk by health practitioners from the Oldham Council and the NHS.
We held special services to celebrate the Mother’s Day in March and the Fathers Day in June, we also had a service dedicated to celebrate the children in May.
We observed the Christian Celebrations and Festivals: Easter Celebrations in April and Christmas Celebrations in December. A Christmas carol and dinner was organised on December 18 and a special New Year Eve celebration on the 31[st] December to usher in the New Year.
Achievement and Performances for the Year
In September 2022, we had a annual anniversary and thanksgiving of the Church with invited ministers of God from outside the country and music ministers within the UK. The 3-day programme was attended and opened to people from outside the Church and many lives were blessed.
The Church continued to hold church services where intercessory prayers for the United Kingdom were raised, and teachings on staying home and safe were highlighted.
Plans for the Future
We are looking into how to sustain and expand our community action activities with the Police, Old People's Homes, Hospitals and other charitable organisations in and around Manchester. We will continue our ongoing plan for our place of worship by installing modem communication and computer equipment for training purposes, which will be open to the community. In addition, we plan to procure better children-friendly play and education materials for the Children's Church. We plan to start a nursery and day care services to help with childcare issues of the members of the community and the public at large.
We plan to hold out reaches to our community within the city centre in a bid to foster inclusiveness, diversity, equality, care and compassion to humanity.
We plan to hold community engagement meetings and trainings for members of the public on different aspects that relates to their welfare and well being.
We plan to continue holding faith and religious meetings, youth games and services, distribution of faith literature and expanding faith educational facilities for all age
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
Financial review of the Year
Donations received during the Year were £64,352.38, and £58,390.79 was spent on Charity activities. The Assembly prepares her account on a cash basis, i.e., receipts and payments. The account under review is for the Year ended 30 June 2022. The full report is presented on page 6. Total receipts within the period total £64,352.38. This amount comprises all collections of tithes, offerings, and special contributions. The total expenditure was £ 58,390.79, including the Church's regular running expenses. In addition, the Church incurred expenses on its construction work of the place of worship, which required a lot of renovations and extensions and the purchase of some musical equipment. Where necessary and within our means, tire church has offered financial support through donations to members and members of the public who are in need and have approached this organisation for help. Approved by the Board of Trustees on 03 April 2024 and signed on their behalf by
Pastor Peter Adejumo Olatunde
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
STATEMENT OF FINANCIAL ACTIVITIES
Detailed Financial Statement for The Year ended 30 June 2023
| ReceiptsandPaymentsAccount | |
|---|---|
| 2023 | |
| £ | |
| Income Recourses: | |
| Tithes, oferings and Donatons | 64,352.38 |
64,352.38 |
|
Administratve Expenses: |
|
| Accommodaton for Anniversary | 2,324.54 |
| Transportaton | 2,137.09 |
| Charitable Projects | 10,400 |
| 14,861.63 |
|
| Premises Costs: | |
| Rents |
7,200 |
| Utlites | 1,767.22 |
| Insurance |
600 |
| Repairs and Maintenance |
7,865 |
| 17,432.22 | |
General Administratve Expenses: |
|
| Salary |
20,314.74 |
| Telephone and Fax | 625.62 |
| Cooking and Drinks | 2,465.27 |
| Statonery and printng | 794 |
| Sundry Expenses | 1,314.08 |
| 25,513.71 | |
| Legal and Professional Costs: | |
| Professional Cost | 2000 |
| Sponsorship and License Cost | 400 |
| 1,400 | |
| Bank Loan Repayment: | 2,245.08 |
Total Payments Made |
58,390.79 |
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
ACCOUNTANT REPORT
Independent Examiner report to the Trustees of Apostolic church (LAWNA) Manchester I report on the accounts of the Trustees of Apostolic church (LAWNA) Manchester for the Year ended 30 June 2023.
Expected responsibility 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(2) of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act to follow the procedures laid down in general directions given by the charity commission under section 145(5)(b) of the 2011 Act and to state whether particular matters have come to my attention.
Basis of Independent Examiners Report
My Examination was carried out in accordance with the general directions given by the charity commission; an examination includes review of the accounting records kept by the Charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in accounts and seeking of explanation from you as trustee concerning any such matters.
The procedures undertaken do not provide all the evidence that would require in an Audit and consequently no opinion is given as to whether the accounts present a true and fair view and report is limited to those matters set out the statement below.
Independent examiners statement
In connection with my examination, NO MATTER has come to my attention
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Which gives me reasonable cause to believe that in any material respect the requirement to keep accounting records and in accordance with section 130 of the 2011 Act and to prepare account which accord with the accounting records and to comply with the accounting requirements of the 2011 Act HAS NOT BEEN MET or
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To which in my opinion attention should be drawn in order to enable a proper understanding of the account to be reached.
Manchester Accountancy Services 144 Cheetham Hill Road Manchester M8 8PZ
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
| STATEMENTOFFINANCIALACTIVITIES | |
|---|---|
| Detailed Financial Statement for The Yearended 30June2023 | |
| Notes | 2023 |
| £ | |
| Incoming resources | |
| Donaton | 64,352.38 |
| Grant |
|
| Total Incoming Resources | 64,352.38 |
Resources Expended |
|
| Direct Charitable | 15,900 |
| Management & Administratve Expenses | 42,490.79 |
| Total Resources Expended |
58,390.79 |
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
| STATEMENTOFFINANCIALACTIVITIES | |
|---|---|
| Notes | 2023 |
| £ | |
| Balance Sheet as of 30 June 2023 | |
Fixed Assets |
|
| Tangible Assets | 49,600 |
Current Assets |
|
| Cash at bank and in hand | 9,915.47 |
Creditors: Amount falling due within one Year |
|
Net Current Assets |
9,915.47 |
Net assets |
9,915.47 |
Funds of The Charity |
|
| Unrestricted Funds | |
| Total Funds | 9,915.47 |
Approved by Board on 03 April 2024 |
|
Pastor P Adejumo Olatunde |
|
| Trustee |
THE APOSTOLIC CHURCH (LAWNA) MANCHESTER JUNE 2023
STATEMENT OF FINANCIAL ACTIVITIES
Notes to the Financial Statements for The Year ended 30 June 2023
-
Accounting policies
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a. Basis of Preparation
The account has been prepared under the historical cost convention on a going
concern basis in accordance with the SORP 2005 and accounting standards.
- b. Incoming Resources
Fees (Tithes) and donations are included in the statement of Financial Activities when received by Charity.
- c. Depreciation
Depreciation has been provided at the following rates to write off the assets over their estimated useful lives.
Fixtures & Fittings 15% straight Line
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d. Expenditure Recognition
- Liabilities are recognised as soon as there is a legal or contractive obligation committing the Charity to pay out resources
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e. Management & Administration Expenses
- Includes all expenditures related to and not directly associated with Charity's charitable activities.
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Fees & Donations
Received from the general public attending the Church
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Direct Charitable
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Funds of Charity
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Creditors: Amounts falling due within one Year
| THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
THE APOSTOLIC CHURCH MANCHESTER (TACM) ANNUAL INCOME AND EXPENDITURE FROM JULY 2022 TO JUNE 2023 |
||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul-22 | Aug-22 | Sep-22 | Oct-22 | Nov-22 | Dec-22 | Jan-23 | Feb-23 | Mar-23 | Apr-23 | May-23 | Jun-23 | Total | |
| Account Balance | 4036.3 5 |
4865.74 | 5025.46 | 6553.53 | 4783.63 | 4469.6 | 7704.23 | 6373.78 | 9588.05 | 4678.11 | 5793.99 | 9,915.47 | |
| Tithe and offering | 4180.1 2 |
4950.25 | 7073.10 | 6478.20 | 1020.00 | 3809.80 | 11411.10 | 3471.75 | 8527.00 | 1734.14 | 5794.44 | 5902.48 | 64352.38 |
| Loan Disbursed | |||||||||||||
| Charity Grant | |||||||||||||
| 64352.38 | |||||||||||||
| Payments Summary | |||||||||||||
Rent |
600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | |
| Utilities | 100 | 100 | 50 | 117.4 | 100 | 100 | 200 | ||||||
| Telephone /Internet | 62.54 | 60.43 | 59.84 | 59.14 | 58.31 | 59.63 | 59.16 | 68.39 | 187.74 | 58.2 | 24 | 142.94 | |
| Welfare / Honorarium | 295.92 | 1523.12 | 4608.51 | 2389.54 | 35.97 | 1208.77 | 287.54 | 177.53 | 1551.56 | 2038.56 | 1200 | ||
| BuildingMaintenance | 730 | ||||||||||||
| Furniture and Fittings | 46.5 | 472.77 | 444 | ||||||||||
| Church Insurance | 204.46 | 403.86 | 53.81 | 88.03 | 53.81 | ||||||||
| Church Equipment | 128.7 | 128.7 | 128.7 | 128.7 | 128.7 | 128.7 | 128.7 | 244.62 | 128.7 | 200 | 462.32 | 208.99 | |
| Subscription | 14.39 | 14.39 | 14.39 | 14.39 | 14.39 | 14.39 | 14.39 | 14.39 | 15.59 | 15.59 | 15.59 | 15.59 | |
| Miscellaneous | 311 | 150.05 | 174.4 | 197.34 | 82.8 | 100 | 80 | ||||||
| WebsiteManagement | 142.94 | 10.61 | 22.34 | 23.28 | 22.45 | 21.38 | 34.64 | 20.89 | 21.47 | ||||
| Transportation | 167.83 | 176.14 | 52.05 | 247.43 | 398.13 | 144.06 | 185.24 | 582.4 | |||||
| BankCharges | |||||||||||||
| Staff Salary | 1310 | 1285 | 1320.45 | 1357.08 | 1327 | 1362.86 | 4554.42 | 2756.56 | 1362.86 | 962.68 | 2718.83 | ||
| Charity project | 100 | 580 | 31.44 | ||||||||||
| DVLA Payment | 25.81 | 25.81 | 25.81 | 25.81 | 25.81 | 25.81 | 25.81 | 25.81 | 25.81 | 28.52 | 28.43 | 28.43 | |
| Personal Loan Repayment |
221.84 | 221.84 | 221.84 | 221.84 | 221.84 | 221.84 | 221.84 | 221.84 | 221.84 | 221.84 | 221.84 | 221.84 | |
| Personal Loan | 2000 | ||||||||||||
| Total Payment | 2902.1 4 |
4804.36 | 7148.38 | 5037.61 | 2610.61 | 4123.83 | 6523.98 | 4802.56 | 5440.83 | 6951.45 | 4259.04 | 3786 | 58390.79 |
| Net Movement in Funds |
1277.98 | 145.89 | -75.28 | 1440.59 | -1590.61 | 314.03 | 4887.12 | -1330.81 | 3086.17 | -5217.31 | 1535.4 | 2116.48 | 5961.59 |