## **Come And See Ministries** **Charity No: 1169051** ## **RECEIPTS AND PAYMENTS ACCOUNTS** **FOR THE YEAR ENDED** **31 DECEMBER 2020** **COME AND SEE MINISTRIES Charity Number 1169051 Contents Page For the Year ended 31 December 2020** ||**Pages**| |---|---| |Trustees Report|2-3| |Independent Examiner's Report|4| |Receipts and Payments Account|5| |Statement of Balances|6| |Notes to the Accounts|7-8| **Reference and Administrative Information** |**Charity Name:**|Come and See Ministries| |---|---| |**Charity Registration Number:**|1169051| |**Contact Address:**|Flat 6, 25 Middleton Road| ||London| ||E8 4BL| |**Correspondence Address:**|6 Westbrook Square| ||Barnet| ||EN4 9AX| |**Trustees**|| |Trustees who served during the year:|Mrs Benerdette Adebayo| ||Mr Izuwa John Anyanwu| ||Mrs Alaneme Elizabeth Ogugua| ||Mrs Elizabeth Joseph| ||Mr Patrick Obiegbunam| |**Principal Office-bearers**|Pastor Izuwa John Anyanwu| ||Pastor Roseline Anyanwu| |**Bankers**|Barclays Bank PLC| ||95/97 High Street, Barnet, EN5 5UX| |**Independent Examiner**|Paul Financial Consulting| ||DBOON, 160 Kemp House| ||City Road, London EC1V 2NX| Page 1 **COME AND SEE MINISTRIES Charity Number 1169051 Trustees’ Annual Report For the Year ended 31 December 2020** ## **Administrative Information:** Come and See Ministries is situated in The New Barnet, Hertfordshire. It is part of the Universal, historic and mystical Body of Christ known as the Church. The correspondence address is 6 Westbrook Square, Barnet EN4 9AX. Come and See Ministries is a charity registered with the Charity Commission, UK. ## **Trustees who served during the year:** _Incumbent:_ Izuwa John Anyanwu – Chairman Pastor Roseline Anyanwu Mrs Benerdette Adebayo Mr Izuwa John Anyanwu Mrs Alaneme Elizabeth Ogugua Mrs Elizabeth Joseph Mr Patrick Obiegbunam ## **Structure, governance and management** The method of admission of Church members is set out in the Ministries Constitution. ## **Objectives and Activities** Come and See Ministries members have the responsibility of co-operating with the incumbent, Pastor Roseline, in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical. ## **Achievements and Performance** There are 50 members on the church roll, 4 of whom are not resident within the borough. Due to the pandemic the services were held via zoom. However, we are hopeful that membership will increase once the pandemic is over. ## **Review of the year** The Trustees met once during the year with an attendance rate of 60%. Church services were held on Sundays via zoom in most part of the year and live service commenced in the last quarter of the year in the rented hall at 97 East Barnet Road,but bible studies on Wednesdays, and Night Vigils every last Friday of the month continued via zoom. The School of Ministry took place every Thursday of the week via zoom where those aspiring to be ordained ministers are taught the word of God. Page 2 ## **COME AND SEE MINISTRIES Charity Number 1169051 Trustees’ Annual Report For the Year ended 31 December 2020 (continued)** ## **Financial Review** Come and See Ministries' balance includes £58,234 retained in restricted funds account as part of the building funds for the church as agreed by the trustees. The decrease in offerings and donations as reported in the financial statements is commensurate with the decrease in membership as a result of covid-19 and the pandemic. The bank balance at 31st December 2020 was £170,060 (2019: £125,246). The trustees decided to close the Nationwide account in the year for more effective management. Management and controls of these funds are closely monitored by the trustees. ## **Reserves Policy** It is our policy to maintain a balance on unrestricted funds, which equates to approximately six months unrestricted payments, to cover emergency situations that may arise from time to time. The balance of £111,826 held as unrestricted funds at the year end should be sufficient to cope with immediate demand. ## **Statement of Trustees' Responsibilities** The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the church and to enable them to ensure that the financial statements comply with the guidelines of the Charity Commissions of United Kingdom. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by Trustees on 17 November 2021 and signed on their behalf by: John Anyanwu – Chairman **Signature: ______________________________ Date: 17 November 2021** Page 3 **COME AND SEE MINISTRIES Charity Number 1169051 Independent Examiner's Report For the Year ended 31 December 2020** ## **Independent examiner’s report to the charity trustees of Come and See Ministries, Barnet.** I report to the trustees on my examination of the accounts of the above charity for the year ended 31 December 2020. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signature: ____________________________________** Deborah Williams Paul Financial Consultants Accountants **Date: 08 November 2021** Page 4 ## **COME AND SEE MINISTRIES Charity Number 1169051 Receipts and Payments For the Year ended 31 December 2020** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Funds Funds Funds Total Total
2020 2020 2020 2020 2019
Receipts Note £ £ £ £ £
Donations (Offerings/Tithes) 3 43,935 - 43,935 47,303
Building Funds 13,100 13,100 12,410
Activities for Generating Funds
Bank & Deposit interest - - - - 49
-
43,935 13,100 57,035 59,762
Grants
Other receipts 2 - - - -
-
Total Receipts 43,935 13,100 57,035 59,762
Payments
Costs of generating funds 4 79 79 2,857
Charitable activities 5 11,142 11,142 33,859
Governance costs 6 1,000 1,000 950
- -
Total Payments 12,221 12,221 37,666
Excess of Receipts over Payments for
-
the year before transfers 31,714 13,100 44,814 22,096
Transfers
Excess of Receipts over Payments for
the year 31,714 13,100 - 44,814 22,096
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Page 5 **COME AND SEE MINISTRIES Charity Number 1169051 Statement of Balances For the Year ended 31 December 2020** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Funds Funds Funds Total
2020 2020 2020 2020
£ £ £ £
Bank & Deposit Balances
Bank & deposit balances -
-
brought forward 80,112 45,134 125,246
Movement in year:
-
Excess of Receipts over Payments for the year 31,714 13,100 44,814
Bank & deposit balances 111,826 58,234 170,060
carried forward 111,826 58,234 - 170,060
Musical instruments - -
- -
Computer and Equipment
Total - - - -
Liabilities
Provisions for liabilities
- - - -
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The accounts were approved by the Trustees on 17 November 2021 For and on behalf of the Trustees of Come and See Ministries **__________________________________________________ John Anyanwu – Chairman** Page 6 **COME AND SEE MINISTRIES Charity Number 1169051 Statement of Balances For the Year ended 31 December 2020** ## **Notes to the Accounts** ## **1. Trustee Remuneration and Related Party Transactions** No trustee received any remuneration or reimbursement of expenses during the year. No trustee or a person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. ## **2. Movements in Funds** |**Unrestricted funds**
General Tithes and Offerings
Bank interests
**Restricted funds**
Church Building Fund
Bank interests
Income from sale of asset
**Total funds**|**At 1 Jan**
**2020**
**£**
73,889
73,889
50,536
322
500
51,358
**125,246**|**Receipts**
**£**
43,935
43,935
13,100
-
-
13,100
**57,035**|**Payments**
**£**
12,221
12,221
-
**12,221**|**Transfers**
**£**
-
-
-
**-**|**At 31 Dec**
**2020**
**£**
105,602
105,602
63,636
322
500
64,458
**170,060**| |---|---|---|---|---|---| ## **Purposes of Restricted Funds** Church Building Fund: This is a fund to assist with the cost of purchasing a new property for the church. Page 7 ## **COME AND SEE MINISTRIES Charity Number 1169051 Statement of Balances** ## **For the Year ended 31 December 2020** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Funds Funds Funds Total
2020 2020 2020 2020
£ £ £ £
3. Analysis of Donations
General Offerings and tithes 43,935 43,935
Building Funds 13,100 13,100
Tax Recovered on Gift Aid Donations 0
Total 43,935 13,100 0 57,035
4. Analysis of Payments
Costs of generating funds
Missions services 79 79
Total 79 0 0 79
5. Charitable activities & Projects
Ministries & Mission 1,510 1,510
Church Hall Rent 7,490 7,490
Voluntary Stipend 0 0
Minister’s expenses 1,500 1,500
Street Feeding Project 0 0
Pulpit supply 0 0
Staffing costs 0 0
Repairs & maintenance 0 0
Insurance 301 301
Other building costs 0 0
Church office expenses 0 0
Organ, music & media 0 0
Printing, stationery and postage 341 341
Total 11,142 0 0 11,142
6. Governance costs
Accounting fees 750 750
Independent Examiner fees 250 250
1,000 0 0 1,000
2020
£
7. Donations to Third Parties
-
Support and offering to other churches
-
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