Come And See Ministries
Charity No: 1169051
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED
31 DECEMBER 2022
COME AND SEE MINISTRIES Charity Number 1169051 Contents Page For the Year ended 31 December 2022
| 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 2022
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 92 members on the church roll, 30 of whom are not resident within the borough. The church services have returned to normal after the pandemic. However, we are hopeful that membership will increase in the future.
Review of the year
The Ministries had no major matters to deliberate on or undertake, hence, no formal meeting was necessary. Though day to day matters were decided on quickly and dealth with.
Church services were held on Sundays in a rented hall at 97 East Barnet Road, but bible studies on Wednesdays, and night vigils every last Friday of the month were held 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 2022 (continued)
Financial Review
Come and See Ministries' balance includes £123,958 retained in restricted funds account as part of the building funds for the church as agreed by the trustees. The bank balance at 31st December 2022 was £276,253 (2021: £224,036). 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 £168,071 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 29 September 2023 and signed on their behalf by:
John Anyanwu – Chairman
Signature: ______ I. John Anyanwu Date: 29 September 2023
Page 3
COME AND SEE MINISTRIES Charity Number 1169051 Independent Examiner's Report For the Year ended 31 December 2022
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 2022.
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: ______ DWilliams
Deborah Williams Paul Financial Consultants Accountants
Date: 29 SEPTEMBER 2023
Page 4
COME AND SEE MINISTRIES Charity Number 1169051 Receipts and Payments For the Year ended 31 December 2022
| Receipts Note Donations (Offerings/Tithes) 3 Building Funds Activities for Generating Funds Bank & Deposit interest Grants Other receipts 2 Total Receipts Payments Costs of generating funds 4 Charitable activities 5 Governance costs 6 Total Payments Transfers Excess of Receipts over Payments for the year before transfers Excess of Receipts over Payments for the year |
Unrestricted Funds 2022 £ 46,882 - 46,882 - 46,882 692 16,823 1,150 18,665 28,217 28,217 |
Restricted Endowment Funds Funds 2022 2022 £ £ - 24,000 - - 24,000 - - 24,000 - - - 24,000 - 24,000 - |
Total 2022 £ 46,882 24,000 - 70,882 - 70,882 692 16,823 1,150 18,665 52,217 52,217 |
Total 2021 £ 49,278 25,948 - |
|---|---|---|---|---|
| 75,226 - |
||||
| 75,226 | ||||
| 120 19,980 1,150 |
||||
| 21,250 | ||||
| 53,976 | ||||
| 53,976 |
Page 5
COME AND SEE MINISTRIES Charity Number 1169051 Statement of Balances For the Year ended 31 December 2022
| Bank & Deposit Balances Bank & deposit balances - brought forward Movement in year: Excess of Receipts over Payments for the year Bank & deposit balances carried forward Musical instruments Computer and Equipment Total Liabilities Provisions for liabilities |
Unrestricted Funds 2022 £ 139,854 28,217 168,071 168,071 - 1,395 1,395 - |
Restricted Endowment Funds Funds 2022 2022 £ £ 84,182 - 24,000 - 108,182 108,182 - - - - - |
Total 2022 £ 224,036 52,217 276,253 |
|---|---|---|---|
| 276,253 | |||
| - 1,395 |
|||
| 1,395 | |||
| - |
The accounts were approved by the Trustees on 29 September 2023
For and on behalf of the Trustees of Come and See Ministries
________ John Anyanwu – Chairman I. John Anyanwu
Page 6
COME AND SEE MINISTRIES Charity Number 1169051 Statement of Balances For the Year ended 31 December 2022
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 2022 £ 124,078 124,078 99,636 322 - 99,958 224,036 |
Receipts £ 46,882 46,882 24,000 - - 24,000 70,882 |
Payments £ 18,665 18,665 - 18,665 |
Transfers £ - - - - |
At 31 Dec 2022 £ 152,295 |
|---|---|---|---|---|---|
| 152,295 | |||||
| 123,636 322 - |
|||||
| 123,958 | |||||
| 276,253 |
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 2022
| Unrestricted Funds 2022 £ 3. Analysis of Donations General Offerings and tithes 46,882 Building Funds Tax Recovered on Gift Aid Donations Total 46,882 4. Analysis of Payments Costs of generating funds Missions services 692 Total 692 5. Charitable activities & Projects Ministries & Mission 6,996 Church Hall Rent 8,038 Voluntary Stipend 0 Minister’s expenses 0 Street Feeding Project 0 Pulpit supply 0 Staffing costs 0 Repairs & maintenance 0 Insurance 394 Equipments 1,395 Church office expenses 0 Organ, music & media 0 Printing, stationery and postage 0 Total 16,823 6. Governance costs Accounting fees 900 Independent Examiner fees 250 1,150 7. Donations to Third Parties Support and offering to other churches |
Restricted Funds 2022 £ 24,000 24,000 0 0 0 |
Endowment Funds 2022 £ 0 0 0 0 |
Total 2022 £ 46,882 24,000 |
|---|---|---|---|
| 70,882 | |||
| 692 | |||
| 692 | |||
| 6,996 8,038 0 0 0 0 0 0 394 1,395 0 0 0 |
|||
| 16,823 | |||
| 900 250 |
|||
| 1,150 | |||
| 2020 £ - |
|||
| - |
Page 8