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2022-03-31-accounts

1170361

Charity Number

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM

TRUSTEES REPORT AND FINANCIAL STATEMENTS

For the year ended 31st MARCH 2023

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT

BIRMINGHAM

Statement of financial activities (including Income and Expenditure Accounts) For the year ended 31st March 2023

CONTENTS 2
Legal and administrative information 3
Report of the trustees 4 – 5
Accountants Report 6
Statement of financial activities 7
Balance Sheet 8
Notes forming part of the financial statements 9 – 13
The following pages do not form part of the statutory accounts
Details income and expenditure account 14

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

LEGAL AND ADMINSTRATIVE INFORMATION

For the year ended 31st March 2023

Trustee 1 Rev Simon Ayodele Atunde
2 Dr Michaiah Akinyele Olaniyi
3 Pastor Caleb Wole Ajiboye
Management Committee 1 Rev Simon Ayodele Atunde (Minister in Charge)
2 Pastor Caleb Wole Ajiboye
Charity Number 1170361
Registered Office 23 Quarry House Close
Rubery
Birmingham
United Kingdom
B45 0HS
Accountants D&J Accounting Solutions
14 Buttermere drive
Worcester
WR4 9HX
Bankers HSBC UK Bank plc
1 Centenary Square,
Birmingham
B1 1HQ
United Kingdom

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

For the year ended 31st March 2023

The trustees present their annual report and financial statements of Evangelical Church Winning All – ECWA Chapel of Investment, Birmingham for the year ended 30[th] March 2023. The Trustees confirm that the annual report and financial statements of the Charity comply with the charities act 2011, and the companies Act 2006. the church governing documentand the provisions of the statement of Recommended Practice (SORP) “Accounting and reporting by Charities issued in April 2005.

Method of appointment or election of trustees

The management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the trust

Constitution Policies

The objective of the charity is the advancement of the Christian faith worldwide in accordance with the doctrine set out in the statement of believe contained in the schedule 2. the trustees must use the income and may use the capital of the trust in promoting the objects

Objectives of the charity, Principal Activities and Organisation of our work

The Evangelical Church Winning All – ECWA,Chapel of Investment, Birmingham is a community based charity Providing a suitable Christian principle for young people and their Families. The principal activities of the church are For the year ended 31st MARCH 2023

Jesus Christ and development of the whole man, spiritually, mentally and physically

Principal activities

The charity’s principal activity during the year continued to be the advancement of the Christian faith in the United Kingdom and Worldwide in accordance with the doctrine set out in the statement of believe of its trust deed and the relief of poverty to those at risk within the general public

Risk management

The trustee have a duty to identify and review the risks to which the charity is exposed and appropriate controls are in place to provide reasonable assurance against fraud and error.

Organization structure and decision making

The organization of the Charity is controlled by the Trustees

Review of activities

During the year the Charity received a total of £32,584.45 from Church services. The financial results from the year are shown in the annexed accounts

Reserves policy

It is the policy of the Trustees to work towards holding the minimum reserves necessary to enable the charity to meet its commitments for a minimum period of three months

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

For the year ended 31st March 2023

Trustees' Responsibilities

Charity Law applicable to charities in England/Wales requires the Trustees to prepare financial statements for each Financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the period.

In preparing those financial statements the trustees have

The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the charities Act 2011.

They are also responsible for safeguarding the assets of the charity, hence taking reasonable steps for the detection and prevention of fraud and other irregularities.

The report was approved by the trustees on …........................................ and signed on its behalf by

Rev Simon Atunde

Minister in Charge

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM ACCOUNTANTS REPORT TO THE TRUSTEES OF EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM

For the year ended 31st March 2023

We report on the accounts of Envangelical Church Winning All(ECWA) - Chapel of Investment, Birmingham for the year ended 30th, which is set out on pages 9 to 13

Respective responsibilities of Trustees and Accountants

The trustees are responsible for the preparation of the accounts

The trustees consider that an audit us not required for the year under section 144 (2) of the charities Act 2011 (the 2011 Act) and that independent examination is needed

It is our responsibility to:

� To follow the procedures laid down in the general directions given by the charity commission under section 145(5) (b) of the 2011 Act: and

Basis of independent examiner's report

Our examination was carried out in accordance with the general directions given by the charity commission. An For the year ended 31st MARCH 2023

presented with those records. It also includes consideration of any unusual items or disclosures in the

accounts, and seeking explanations from the 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 our examination, no matter has come to our attention which gives us reasonable cause to believe that in any material respect the requirements:

understanding of the accounts to be reached

D&J Accounting Solutions 14 Buttermere drive Worcester WR4 9HX

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

For the year ended 31st March 2023

Restricted Funds Unrestricted Funds Total Fundsotal Funds
Note 2023 2023 2023 2022
INCOMING RESOURCES
Donations Legacies and similar incoming resources 2 0 37954 37954 21581
0 37954 37954 21581
RESOURCES EXPENDED
Charitable expenditure:
Cost of activities in furtherance of the charity’s objects
Support costs for Church Services and Activities 3 0 7378 7378 6792
Resources expended on Managing and administerin 4 0 2651 2651 5302
TOTAL RESOURCES EXPENDED 5 0 10029 10029 12094
MOVEMENT IN TOTAL FUNDS FOR THE YEAR – 0 27925 27925 9487
TOTAL FUNDS AT 31ST MARCH 2023 0 27925 27925 9487

The notes on pages 9 – 13 form part of these financial statements

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM BALANCE SHEET as at 31st March 2023

FIXED ASSETS
Note
Tangible fixed assets
8
CURRENT ASSETS
Cash at bank and in Hand
9
Debtors
9
Prepayment
9
Creditors – Amount Falling due within one year
10
NET CURRENT ASSETS
NET ASSETS
12
CHARITY FUNDS
Restricted Funds
11
Unrestricted funds
11		 71507
0
0
71507		 71507
0
0
71507		 2023
353
43582
0
0
43582
71507
71860
0
71507
71507		 2023
353
43582
0
0
43582
71507
71860
0
71507
71507		 2022
470
43582
44052
0
43582
43582

The financial statements were approved by the trustees on the and were signed on their behalf by:

…………………..

The notes on pages 9 – 13 form part of these financial statements

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2023

1 ACCOUNTING POLICIES

1.1 Basis of preparation of Financial statements

The financial statements have been prepared under the historical cost convention, and in accordance with the financial Reporting Standard for Smaller entities (Effective April 2008). The financial statements have been prepared in accordance with the statement of Recommended Practice (SORP 2005). “Accounting and Reporting by Charities ACT 2011”

1.2 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purpose

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the charity for particular purpose. The cost of raising and Administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to financial statements.

1.3 Incoming resources

All incoming resources are included in the statement of Financial Activities when the charity is Legally entitled to the For theincome and amount can be quantified with reasonable accuracy.

Gifts in kind donated for distribution are included at the valuation and recognized as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in this financial statements for services donated by volunteers

Intangible income, which comprises donated services, is included in income valuation which is an estimate of the financial cost bourne by the donor where such a cost is quantifiable andmeasurable. No income is recognised where there is no financial cost bourne by a third party. Income tax recoverable in relation to donations received under gift aid or deeds of covenant is recognised at the time of the donation.

1.4 Resources Expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on basis consistent with use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charity activities. Support costs are those costs incurred directly in support of the expenditure on the objects of the charity.

Management and administration cost are those incurred in connection with administration of charity and compliance with constitutional and Statutory requirements

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2023

1.5 Cash flow

The financial statements do not include a cash flows statement because the charity as a small reporting entity is exempt from the requirement to prepare such statement under the Financial reporting Standard for smaller entities (effective April 2008)

1.6 Tangible fixed assets and depreciation

Tangible fixed assets are stated as cost less depreciation. Depreciation is provided at the rates calculated to write off the cost of fixed asset less their estimated residual value over their expected useful lives on the following basis

Motor Vehicle - 25% Straight Line Furnitures and Fixtures - 25% Straight Line - Church Equipment 25% Straight Line

2 DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES

Restricted Funds
Unrestricted
2023
Church services
0
Grants
0
0		 Funds
Total
2023
32584
5370
37954		 Funds
Total
2023
32584
5370
37954		 Funds
2022
21581
4831
26412

3 SUPPORT COSTS FOR CHURCH SERVICES AND CHARITABLE ACTIVITIES

Restricted Funds
Unrestricted Funds
Total Funds
Total Funds
2023
2023
2023
2022
Honorarium
0
152
152
550
Property Rent
0
1724
1724
0
Entertainment
0
1669
1669
1042
Evangelism
0
0
0
0
Sunday School Manual
0
0
0
0
Pastor Allowance
0
0
0
0
Choir Running Expenses
0
0
0
0
Toiletries and First Aid
0
0
0
0
Retreat and Conferences
0
0
0
0
Travel and Subsistence
0
450
450
0
Postages
0
0
0
0
Hotel & Accommodation
0
0
0
0
Welfare Expenses
0
3383
3383
5200
Printing & Stationary
0
0
0
0
Advertisement
0
0
0
0
Total
0
7378
7378
6792		 Restricted Funds
Unrestricted Funds
Total Funds
Total Funds
2023
2023
2023
2022
Honorarium
0
152
152
550
Property Rent
0
1724
1724
0
Entertainment
0
1669
1669
1042
Evangelism
0
0
0
0
Sunday School Manual
0
0
0
0
Pastor Allowance
0
0
0
0
Choir Running Expenses
0
0
0
0
Toiletries and First Aid
0
0
0
0
Retreat and Conferences
0
0
0
0
Travel and Subsistence
0
450
450
0
Postages
0
0
0
0
Hotel & Accommodation
0
0
0
0
Welfare Expenses
0
3383
3383
5200
Printing & Stationary
0
0
0
0
Advertisement
0
0
0
0
Total
0
7378
7378
6792		 Restricted Funds
Unrestricted Funds
Total Funds
Total Funds
2023
2023
2023
2022
Honorarium
0
152
152
550
Property Rent
0
1724
1724
0
Entertainment
0
1669
1669
1042
Evangelism
0
0
0
0
Sunday School Manual
0
0
0
0
Pastor Allowance
0
0
0
0
Choir Running Expenses
0
0
0
0
Toiletries and First Aid
0
0
0
0
Retreat and Conferences
0
0
0
0
Travel and Subsistence
0
450
450
0
Postages
0
0
0
0
Hotel & Accommodation
0
0
0
0
Welfare Expenses
0
3383
3383
5200
Printing & Stationary
0
0
0
0
Advertisement
0
0
0
0
Total
0
7378
7378
6792		 Restricted Funds
Unrestricted Funds
Total Funds
Total Funds
2023
2023
2023
2022
Honorarium
0
152
152
550
Property Rent
0
1724
1724
0
Entertainment
0
1669
1669
1042
Evangelism
0
0
0
0
Sunday School Manual
0
0
0
0
Pastor Allowance
0
0
0
0
Choir Running Expenses
0
0
0
0
Toiletries and First Aid
0
0
0
0
Retreat and Conferences
0
0
0
0
Travel and Subsistence
0
450
450
0
Postages
0
0
0
0
Hotel & Accommodation
0
0
0
0
Welfare Expenses
0
3383
3383
5200
Printing & Stationary
0
0
0
0
Advertisement
0
0
0
0
Total
0
7378
7378
6792		 Restricted Funds
Unrestricted Funds
Total Funds
Total Funds
2023
2023
2023
2022
Honorarium
0
152
152
550
Property Rent
0
1724
1724
0
Entertainment
0
1669
1669
1042
Evangelism
0
0
0
0
Sunday School Manual
0
0
0
0
Pastor Allowance
0
0
0
0
Choir Running Expenses
0
0
0
0
Toiletries and First Aid
0
0
0
0
Retreat and Conferences
0
0
0
0
Travel and Subsistence
0
450
450
0
Postages
0
0
0
0
Hotel & Accommodation
0
0
0
0
Welfare Expenses
0
3383
3383
5200
Printing & Stationary
0
0
0
0
Advertisement
0
0
0
0
Total
0
7378
7378
6792
0 7378 7378 6792

EVANGELICAL CHURCH WINNING ALL (ECWA)

CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2023

4 Resources expended on managing and administering the charity

Repairs
Audit & Accountancy Fees
Professional Fees
Bank Charges
Telephone & Fax
Depreciation – Motor
Depreciation – Office Equipment
Depreciation – Fixtures & Fittings		 Restricted Funds
Unrestricted Funds Total Funds Total Funds
2023
2023
2023
2022
£
£
£
£
0
0
0
0
0
1700
1700
1300
0
535
535
0
0
63
63
15
0
0
0
0
0
353
353
183
0
0
0
0
0
0
0
0
0
2651
2651
1498

For tANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE

Wages and salaries
Support costs for church services and charitable activities
Resources expended on managing and administering the charity
Total Resources Expended		 Other Costs
Total
Total
2023
2023
2022
£
£
£
0
0
0
7378
7378
6792
2651
2651
1498
0
0
10029
10029
8290

6 NET INCOMING RESOURCES (RESOURCES EXPENDED)

Total Total
2023 2022
£ £
This is stated after charging Depreciation of tangible fixed assets owned b 0 0
Audit & Accountancy Fees 1700 1300
Professional Fees 535 0
2235 1300

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2023

During the year no trustee received any Remuneration (2023 - £Nil) During the year no trustee received any Benefit in kind (2023 - £Nil)

During the year no trustee received any reimbursement of expenses (2023 - £Nil)

7 STAFF COSTS AND NUMBERS

STAFF COSTS AND NUMBERS
Staff costs were as follows
Wages and salaries
The average monthly number of employees during the year was as follows
Administrative		 2023
2022
£
£
0
0
2023
2022
£
£
0
0

No employee received remuneration amounting to more than £50000 in either year

For tTANGIBLE FIXED ASSETS

Motor Vehicles Equipment Fixtures & FittingsTotal Fixtures & FittingsTotal
£ £ £ £
Cost 0 0 0 0
At 1st April 2022 0 0 0 0
Addition in year 0 470 0 470
At 30th March 2023 0 0 0 0
0 470 0 470
Depreciation
At 1st April 2022 0 0 0 0
Addition in year 0 0 0 0
At 30th March 2023 0 117.5 0 117.5
0 117.5 0 117.5
Net Book Value
At 1st April 2022 0 0 0 0
At 30th March 2023 0 470 0 470
DEBTORS
2023 2022
£ £
Due within one year 0 0
Cash in hand and at bank 71507.15 43582
Debtors 0 0
Prepayments
71507.15 43582

9 DEBTORS

EVANGELICAL CHURCH WINNING ALL (ECWA)

CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2023

10 Creditors

Amount falling due within one year
Bank Loan and overdrafts
Accruals
Tax & National Insurance Contribution		 2023
2022
£
£
0
0
0
0
0
0
0
0
0
0

11 Statement of Funds

Unrestricted Funds
General Funds
General Funds 1
Subtotal
For thRESTRICTED FUNDS
Restricted funds
SUMMARY OF FUNDS
General Funds
Restricted Funds
Total Funds		 Brought Forward
Incoming Resources
Resources Expended
Carried Forward
£
£
£
£
43582
37954
10029
71507
0
0
0
0
43582
37954
10029
71507
0
0
0
0
43582
37954
10029
71507
£
£
£
£
43582
37954
10029
71507
0
0
0
0
43582
37954
10029
71507

12 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible Fixed Assets
Debtors due after more than 1year
Current assets
Creditors dues within one year
Total		 Restricted Funds
Unrestricted Funds
Total Funds
Total Funds
2023
2023
2023
2022
£
£
£
£
0
353
353
0
0
0
0
0
0
71507
71507
43582
0
0
0
0
0
71859
71859
43582

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM

Income amd Expenditure statement For the year ended 31[st] March 2021

INCOME
Tithes
Offering
Thanksgiving
Other income (Women Fellowship)
Gift Aid
LESS: EXPENDITURE
Wages & Salaries
National Insurance Contributions
Property rent and rate
Sunday School Manual
Printing & stationery
Hotel & Accommodation
Honorarium
Evangelism
Entertainment
Pastor’s allowance
Retreat and conference
Events – New year dinner & Funday)
Welfare Expenses
Postages
Zoom
Toiletries and first aid
Travel and Subsistence
Telephone & Fax
General Expense
Advertisement
Professional Fees
Audit & Accountancy fees
Repairs
Bank charges
Depreciation – Motor Vehicles
Depreciation – Equipment
Depreciation – Fixture and fittings
TOTAL EXPENDITURE
NET INCOME FOR THE YEAR		 £
£
£
£
17533
15486.3
14881.45
5995
0
100
150
0
5369.63
4830.53
37934
26412
0
0
0
0
1724
0
0
0
0
0
0
0
152.49
550
0
0
1669
1042.38
0
0
0
0
0
0
3383
5200
0
0
352.68
183
0
0
450
0
0
0
0
0
0
0
535
0
1700
1300
0
0
63.2
15.4
0
0
117.5
0
0
0
10147
8291
27787
18121		 £
£
£
£
17533
15486.3
14881.45
5995
0
100
150
0
5369.63
4830.53
37934
26412
0
0
0
0
1724
0
0
0
0
0
0
0
152.49
550
0
0
1669
1042.38
0
0
0
0
0
0
3383
5200
0
0
352.68
183
0
0
450
0
0
0
0
0
0
0
535
0
1700
1300
0
0
63.2
15.4
0
0
117.5
0
0
0
10147
8291
27787
18121
18121