2021-11-30-accounts - Manchester Yedam Church

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CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the period From 01 Dec 2020 Period stsrt date To 30 Nov 2021 Perlod end date Charity name: Manchester Yedam Church Charlty regislratlon nurnber: 1170551 Objectlves and Actlviti88 SORP referer P8r81.17 Summary of the purposes of the charity as Sel out in ils goveming doGum8nt The object of the CIO is lo advanc8 the Ghrislian religion in Manchester and surrounding areas for the benefit of the publi¢ through the holding of regular worship Servi$, prayer meellngs. bible study courses, youth and toddler bible study classe8, missionary and outr•ach. and asloral care Summary of the main activities in relab'on lo thosè purposes for the public benefil, In particular, th8 aclivilies, projects or seNlces identified In the accounts. Pera 1.17 And When plannlng the activilles for th8 ye8r, the board of trustees have consldered the Charity Commlssion's guidance on publlc benefit and, in partlcular, tha specif1¢ guidance on the advancement of rellgion. A summary of Ihe main actlvllles undertaken Is.. Regu18r Sunday services Regular Mldweek servlce8 Bible study courses Evangelism and missionary work locally, regionally, and InlernaliDnally. Youth groups and young adult specific meetings Outreach and communlty support aclivilie8 The board of Trustees believe these activities provided clear and identifiable benefits lo all invo5ved by encouraging and 9uiding ordinary people lo live out their faith through the teachings of Jesus Christ, leading them to a more fulfilling and meaningful life,. and lo the local communlty through a variety of outrea¢h atttivities towards the needing and vulnerable members of socie

Also, the organisalion has been involved in a number of Missionary and outreach Work, with a number of monetary donations lo specific hardship relief funds. The Trustees conllnued the efft)rt to allow as many people as possible lo worship at our church and lo become part of our community al Yedam Church. To help with the inclusion the New Believers Support Team has increased in member8 to allow more efficient welcoming and support to establish in the Church family. The Translations Team has continued to work tirelessly lo provide accura18 Iran51ation of the service and preaching to people from other backgrounds. This service has helped th8 inelusion of people from different parts of the world by breaklng down lan ua e barriers. The trustees have referrèd to the Charty Commission's guidance on reporting on public benefit when reviewlng the Charity's aims and objective8, and when planning the Charity's aclivltltrs. The Trustees are therefore confident that the Charity meets the public benefit requlremenls. In particular, the Trustees try to enabl• i ordinary people to live out their faith 89 part ot the community through.. Worship and prayer, lèarning about the Gospel and dsv8loping Ihelr knowlgdge and trust In God Provision of pastoral care for people living in the community Missionar and outreach work. Slalemenl conflmin9 whether the Iruslees hava had regard to the guidance issued by the Charity Commission on public benefit P8r8 1.18 Addltlonal Informatlon loptionall You ma choose lo include further statements wh8r& r•levant about.. SORP rgferen¢e Por• 1.36 Pol¢cy on grant maklng Pwa 1.38 Policy on social investment including program related investment Para 1.36 Contribution made by volunteers

Other Achievements and Porformance SORP relererte Worship services.. Summary of the main a¢hievemenls of the ch8rtty, identifying the difference the charity's work has made to the circumstances of ils beneficiaries and any wider benefits lo society as a wttole, The worship service was held ev8ry Sunday during the reporting period with th8 lead of the senior Pastor. The church a150 had Sunday schools for children and youths every Sunday. All seNices were held via zoom due lo the pandemic lill October 2021 and swilehed to hybrld gatherings both in Liverpool and Manchester. The church has managed to maintain around 80 in number of régular attendees. The church continues lo update and post ils servlce through websiie and social nelwork. Par8 1.20 Mldweek SeNi¢e8'. Morning prayer gatherings started using soclal neork platform during the week d8ys17 7 20 Mon to Fril. L8dles' bible sluojy gathering was held every Tuesday mornln9. There were six other house groups. gathering bi-weekly, for fellowshlp and prayers during the reporting period. Young adults group mel for blble sludy every W6dnesdsy night. Everythlng was held online. Qulreach A¢livllles'. The n8wly planted ¢hur¢h in Liverpool for the Korean students and immigrants i allracled new families and students when the church mel in person. Some church members volunteered al local food bank for packing and delivering food parcels every Monday. Young adult group served homeless people al Manchester city centre. The church supported live children around the world by providing regular flnanclal donatlon and buildlng relationships wllh them via Compassion. The church also supported three missionary families in Romania, Gambia, and Uganda financially each 1,200 pounds per year. Also the church su Drts the students al Nazarene

Theological College with hardship fund scholarship Additional informatlon loptlonall You ma choose to include further Statements where relevant about.. Achievemonls agalnst objectives set 1.41 Performance of fundraising acllvllies against obleclives sel P•rn 1.41 I nvèslmenl performance against objecllves P8Fa 1.41 Other

Financial Review Review of the charity's financial position al the end of the period Par8 1.21 BalanTr Sheet funds stood al £34,244 comprising Unreslricled Funds of 33.113. During this Financial Year, the charity made a nel surplus of £2.473. The Charity's main source of income remains the lilhes and offerings from church allendees. Overall, we are very pleosed with these results for the year and the chari is in a health financial osilion. The charity does not have a policy on reserves. The yearly budget is set lo allocal@ most of the forecasted income towards the aim of the Church. A small reserve is usually sel aslde within the budget for rainy day8, typically between £1 000 and £2 000 Not applicable Slalemenl explaining the policy for holding reserves staling why they are held P4r8 1.22 Amount of reserves hek Para 1 22 Reasons for holdlng zero reserves Oelails of fund materially In Par& 1.22 Para 1.24 lol applicable Explanation of any uncertainties about the ch2rily continuing as a going concern PBr8 1.23 Nol applicable Addltlonal Informatlon loptionall YOll ma .. choose lo include further slalgmenls where relevant about.. The charity's principal sources of funds Ilncluding any fundraising) Plra 1.47 Investment policy and objectives including any social investment policy adopted P?r¥ 1.48 A description of the principal risks lacing the charlty Pera 146 Other

Structure, Governance and Management Description of ch8rity's Irusls-. Type of governing document Ilrusl deed, roy31 charter) Para 1 25 The church is a Charitable Incorporated Organisalion and ils governing document is a Constitution, wlth the latest version as amended on the 12th of Februa 2017. The charity is conslituled as a Twst. How is the charlty constituted? ie g unincoi'porsled aSS()cialion, CIO) Tfuslee selection methods including details of any onslilulional provisions &.g. election lo post or name of any person or body entitled lo appoint one or more trustees P8ra 1.25 Para 1.25 The board of Trustees are elected on a yearly basis during the Annual Congregational Me811n9 by the voting I members. Individuals may become voting members through the Charity'5 established procedurè. All those who aitend regularly | our services are encouraged to become a volin member. Additional Informatlon loptlono11 You ma choose lo include further stslemenls wliere leV*nI about.. Policies and procedures adopted for the induction and training of Irusle&s P4r& 1.61 The ch8rlty's organlsalional structure and any wider network with whl¢h the charity works PHrB 1.51 Relationship wllh any related partie8 Para 1.51 Other Reference and Administrative det?.ils Charil name Olhei name the charity uses Re islered charil number Charity's principal address Manchesler Yedam Church 11705S1 38 Lorraine Road Timperley, All-incham WA15 7NA

Names of the charity trustees who manage l!?p rharity rrus¢¢e name Offlce Ilf any) Dates acied if not forwhole ear Narne of person lor body) entitled toa Int trustsg Ifan nla ELJn Ho Kim Hyung Joon Kim 01 Jar¢uary 2022 Duration of reporting period Duration of res)orting period Hyun Jin Ko Treasurer nla 10 11 12 13 14 15 16 17 18 19 20 Cor orate Iruslees- names of th& directors al the dale the re orl was a Dlrector nam• roved Name of Iruslees holding title lo property belonging lo the charity Tru81&& name Dat&s if not tor wholè ••r

Funds held as custodian trustetsF on behalf of others Description of the asset5 nla held in Ihis capacity Name and objects of the charity on whose behalf the 2ssels are held and how this falls within the custodian charity's objects nla Delails of arrangements for safe custody and segregation of such assets from the Charity's own assets nla Addltlonal infomiatlon loptionall Names and addr&88es of advlsgrs Ioptiorya! informatlon) Type of Namfr Addres adviser Name of ¢hl•f executlve or nam68 of seiilop Staff member8 Ioptlonal Informatlon) Exemptions from disclosuro Reason for non-(Jisc105ure ol ke ersonne5 clelails nla Other o tional information

Declarations The trustees declar• that they have approiied the trustees, report above. Signed on behalf of the charity's trustees Slgnaturg181 Full namelsl Position leg Secretary, Chair, etcl EUN HD Tr£te& Y(JhJ -OIAJ 1<0 Date •zz

CHARITY COMMISSION ' FOR ENGLANO AND WALES MANCHESTER YEDAM CHURCH Receipts and payments accounts CC16a For the perlod from To 0111212020 3011112021 Section A Receipts and payments Unre$tri¢t8d fund¥ Restricted funds Endowmont fund8 Total lund$ Last yoar to tho noarejt £ to th• noar•st £ to tlbg ng•Wt£ A1 Recel t8 33.11J 33,113 42.943 Sub total(Gross income for AR) 3J,113 33,113 42,943 A2 A$8t and Invo8tment 8aleJ, 18•è tablo1. Sub total 33,113 33,113 42,943 A3Pa m•nts Wège8 8nd Nallth)n81 Insurnnrx Rent CompB5310nuk org Overn98$ mi8sionay relief Overseas mission and relief fund Young adult graup aclivili5 funding Sund8y school 4clivily fundi Food drink8 Legal expenses Ekponse Insurance 10,50D 4S3 2,646 3,900 2.50Q s8 212 18,500 153 2.646 3,900 2.500 17,144 1,372 1,920 3,000 6,837 300 520 422 5,907 2,494 416 40,330 212 1,849 427 1,849 427 Sub total 30,S46 30,$46 A4 A5S8t and Inve$tm¢nt urchases, See table Comcorder 94 94 160 180 Sub total 94 94 Totsl payments 30.640 30,640 40,510 Net of recelpts/(payments) A5 Transfers bètwaan funds A6 Cash funds last year end Cash funds this year end 2.473 2,473 2,433 31,771 34,244 31,771 34,244 2,433 CCXX R1 accounts ISSI 0311012022

Section B Statement of assets and liabilities at the end of the period Unrestricted fund¥ to nearest £ Restricted funds Endowment funds to no•rost£ CatQ9o¥ie$ Dcidils to noar•5t£ B1 Cash fund8 Bank CurreniA¢count 34,244 Total cash funds 34,244 14or•e bAthn¢oswlth rè¢èlPt$&nd pllyfflenis Iccoumiiii Unr•strletéd lunds Ro$trl¢t•d funds to nearest £ Endowment fund? to noar•¥t £ Detallg to thpargStE B2 Other monetary assets Fund to whl¢h aB•ot bèlon Details Colt loptlonall Current valuq Fund ¢0 whSch Detalls Colt loptlonall Curmnt vAIu• B4 As89ts retalned for the charlty's own use Fund to whlch relit•B Amount duè Whon du• Details BS Llabllltle8 Slgned by one or two trust888 en behslf of all the trustees Dale of roval Signature Print Nam6 EUN Ho KL Hyodi 01 IC CCXX R2 accounts ISSI 0311012022

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of On accounts for the year ended Responsibilities and basis of report Independent examiner's statement	Manchester Yedam Church

	30 November 2021 Charity no (if any) 1170551


	I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended30 / 11 / 2021. As the charity's 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 Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 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:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or  the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Signed: Name: Relevant professional qualification(s) or body (if any): Address:	Date:
		29 September 2022

	Jon Park

	ACCA

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