## **Trustees’ Annual Report for the period** ## **From 01 Dec 2022 Period start date To 30 Nov 2023 Period end date** ## **Charity name: Manchester Yedam Church** ## **Charity registration number: 1170551** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The object of the CIO is to advance the
Christian religion in Manchester and
surrounding areas for the benefit of the
public through the holding of regular
worship services, prayer meetings, bible
study courses, youth and toddler bible
study classes, missionary and outreach,
and pastoral care. The church is a
Charitable Incorporated Organisation, and
its governing document is a Constitution,
with the latest version as amended on the
12th of February 2017.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|A summary of the main activities
undertaken is:

Regular Sunday services

Regular Midweek services

Bible study courses

Evangelism and missionary work
locally, regionally, and
internationally.

Youth groups and young adult
specific meetings

Outreach and community support
activities
The board of Trustees believe these
activities provided clear and identifiable
benefits to all involved by encouraging and
guiding ordinary people to live out their faith
through the teachings of Jesus Christ,
leading them to a more fulfilling and
meaningful life; and to the local community
through a variety of outreach activities
towards the needing and vulnerable
members of society. Also, the organisation
has been involved in a number of
Missionary and outreach work, with a
number of monetary donations to specific
hardship relief funds.| |||The Trustees continued the effort to allow
as many people as possible to worship at
our church and to become part of our
community at Yedam Church. To help with
the inclusion the New Believers Support
Team has increased in members to allow a
more efficient welcoming and support to
establish in the Church family.
The Translations Team has continued to
work tirelessly to provide accurate
translation of the service and preaching to
people from other backgrounds. This
service has helped the inclusion of people
from different parts of the world by breaking
down language barriers.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|When planning the activities for the year,
the board of trustees have
considered the Charity Commission’s
guidance on public benefit and, in
particular, the specific guidance on the
advancement of religion.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** SORP reference |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Worship services:**
The worship service was held every
Sunday during the reporting period with the
lead of the senior Pastor. The church also
had two Sunday schools for children and
youths every Sunday. The church has
managed to maintain around 80-100 in
number of regular attendees. The church
continues to update and post its service
through website and social network. There
was meal fellowship after the service every
Sunday. Young adults (young professionals
and university students) meet for small
group fellowship after the service.
**Midweek Services:**
Morning prayer is held via zoom during the
weekdays (07:00 – 7:20 Mon to Fri).
Ladies’ bible study meets every Tuesday
morning. There are three house groups,
gathering bi-weekly, for fellowship and
prayers during the reporting period. Friday
night worship and prayer gathering is held
on the last week of the month. There is a
daily Bible reading time between 21:00 -
21:15 Mon to Fri via zoom. There are book
clubs on a quarterly basis.
**Outreach Activities:**
**Local Food Bank:**The church collects
food and other necessities for the local
food bank on a regular basis. Some church
members volunteered at local food bank for
packing and delivering food parcels every
Monday and Thursday.
**Homeless Ministry:**Young adult group
served homeless people at Manchester city
centre. The church regularly raised fund by
exchanging second hand stuff and used it
for the homeless ministry**.**
**Supporting children:**The church
supported five children around the world by
providing regular financial donation and
building relationships with them via
Compassion.
**Overseas Missionaries:**The church also
supported three missionary families in
Romania, Gambia, and Uganda financially
each 1,200 pounds per year.
**Others:**The church supports the students
at Nazarene Theological College with
hardship fund and other scholarships. Also| |---|---|---| the church financially supports the Korean Language School based in Manchester **.** ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Total receipts on unrestricted funds were
£53,004. All financial income has been
solely from voluntary donations from
members and visitors. £44,012 was spent
to provide the Christian ministry, support
local communities and others.
There is an annual budget which is
reviewed and approved during our Annual
Congregational Meeting. The budget
comprises individual budgets for each
Committee, who will define the total amount
budgeted for each Committee based on the
planned activities for the new year. During
the Annual Congregational Meeting, the
financial report is presented including
details of how the resources have been
used in different activities to drive the
objectives of the Church.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The charity does not have a policy on
reserves. The yearly budget is set to
allocate most of the forecasted income
towards the aim of the Church.| |Amount of reserves held|Para 1.22|A small reserve is usually set aside within
the budget for rainy days, typically between
£200 and £500| |Reasons for holding zero
reserves|Para 1.22|Not applicable| |Details of fund materially in
deficit|Para 1.24|Not applicable| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|Not applicable| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |||| Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||The church is a Charitable Incorporated
Organisation (CIO)| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Its governing document is a Constitution,
with the latest version as amended on the
12th of February 2017.| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The charity is constituted as a Trust| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The board of Trustees are elected on a
yearly basis during the Annual
Congregational Meeting by the voting
members. Individuals may become voting
members through the Charity’s established
procedure. All those who attend regularly
our services are encouraged to become a
voting member.| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** Charity name Other name the charity uses Registered charity number Charity’s principal address ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Eun Ho Kim||01/01/2022|| ||Hyun Jin Ko||12/02/2017|| ||HyungJoon Kim||12/02/2017|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** ## Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets Not applicable held in this capacity Name and objects of the Not applicable charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **Not applicable** ## **Other optional information** **Not applicable** Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signatur8{s} Full name(s} Posltlon (eg Secretary, Chair, etc) EUN /40 TrL14tee VIYU￿- Q(Ll Date /9/27/z. MANCHESTER YEDAM CHURCH 38 LORRAINE ROAD TIMPERLEY ALTRINCHAM WA15 7NA Registered Charity: 1170551 STATEMENT OF ACCOUNT AND INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 30TH NOVEMBER 2023 Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ Mobile: 07710 456376 E-mail: luke-silve uresilver.or Independent Examiner's Report on the Accounts Rg¢9iPts and Paymont Accounts Report to the trusteeslmembers of Manchester Yedam Church Registered Charity Number 1170551 On the accounts for the year ended 30th November 2023 Set out on the following pages Respective responsibilities of tmstees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144{21 of the Charities Act 2011 {Ihe 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under sedion 145 of the 2011 Act., follow the procedures laid down in the General Directions given by the Charity Commission under section 14515llbl of the 2011 Act., and stale whether particular mallers have come lo my allenlion. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Iruslees conceming 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 lo whether the accounts present a 'lrue and fair view, and the report is limited to those matters set out in the statement below. Independent examlnerfs statement In connection with my examination, no matter has come to my attention- 111 which gives me reasonable cause lo believe that in any material respect the requirements To keep accounting records in accordance with section 130 of the 2011 Act., and To prepare accounts which accord with the accounting records and lo comply with the accounting requirements of the 2011 Act Have not been mel- or 121 to which, in my opinion, attention should be drawn in order lo enable a proper understanding of the accounts lo be reached. Signed L A SLts Date- 25 September 2024 Luke Silver HNC Business & Finance Accountancy Practitioner 25 Ellicombe Close, Minehead, Somersel. TA24 6DQ Independent Examiners Report to the Trustees Introduction Thank you for submitting the accounts for independent examination. They have been very well maintained and the treasurer and others responsible are lo be commended for their hard work. I will therefore keep my comments to a minimum. Charity Law and Financial Regulations The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 27241 and the Accounting by Charities Statement of Recommended Practice ISORPI. Signing of Accounts I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees and Church Council. A spare copy is enclosed. Conclusion There are no other mallers I feel need to be brought to your allenlion. Please do not hesitste lo Contsct me for further clarification or for further assistance. Luke Silver Date: 25 September 2024 MANCHESTER YEDAM CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH NOVEMBER 2023 ACTIVITIES REVIEW The financial results are set out in the enclosed accounts. The Activities may include but are not reslricled lo.. regular public worship, prayer, Bible study, preaching and teaching., evangelism and missionary work, locally, regionally, nationally and internationally,. the leaching, encouragement, welcome and inclusion of young people,. nurture and growth of Christian disciples TRUSTEES The Iruslees during the year were as follows.. AI KYOUNG YOU HYUNG JOON KIM KYOUNG MOON CHANG HYUN JIN KO STATEMENT We certify that the books, vouchers and information produced lo enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities lo the best of our knowledge and belief. SIGNED ON BEHALF OF THE TRUSTEES Please print name.. N7" Date.. Ig / oq /104 ||**Charity Name**
**MANCHESTER YEDAM CHURCH**|**Charity Name**
**MANCHESTER YEDAM CHURCH**|**Charity Name**
**MANCHESTER YEDAM CHURCH**|**No (if any)**
**1170551**|**No (if any)**
**1170551**|**No (if any)**
**1170551**|**CC16a**| |---|---|---|---|---|---|---|---| ||**For the period**
**from**|Period start date
01/12/2022|**To**||Period end date
30/11/2023||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**52,342**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**52,342**
**-**
**-**
**-**
**52,342**
**20,578**
**4,127**
**2,040**
**2,423**
**2,000**
**659**
**1,035**
**1,364**
**4,908**
**3,988**
**447**
**443**
**-**
**-**
**44,012**
**-**
**-**
**-**
**44,012**
**8,330**
**-**
**31,848**
**40,178**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**52,342**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**52,342**
**-**
**-**
**-**
**52,342**
**20,578**
**4,127**
**2,040**
**2,423**
**2,000**
**659**
**1,035**
**1,364**
**4,908**
**3,988**
**447**
**443**
**-**
**-**
**44,012**
**-**
**-**
**-**
**44,012**
**8,330**||**Last year**
**to the nearest £**| ||**52,342**||||||**33,865**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**52,342**||||||**33,865**| ||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||| |**Worship equipment**|**-**||||||**67**| ||**-**||||||**-**| |**_Sub total_ **|**-**||||||**67**| |**_Total receipts_**
**A3 Payments**|||||||| ||||||||**33,932**| ||||||||| |Wages and Natioonal Insurance|**20,578**||||||**19,610**| |Rent|**4,127**||||||**3,323**| |Compassionuk.org|**2,040**||||||**2,480**| |Overseas missionayrelief|**2,423**||||||**3,900**| |Overseas mission and relief fund|**2,000**||||||**2,500**| |Youngadultgroupactivities funding|**659**||||||**226**| |Sundayschool activityfunding|**1,035**||||||**687**| |Food and drinks|**1,364**||||||**761**| |Legal expenses|**4,908**||||||| |Expenses|**3,988**||||||**1,856**| |Subscriptions|**447**||||||| |Insurance|**443**||||||**430**| ||**-**||||||**-**| ||**-**||||||**-**| |**_Sub total_ **|**44,012**||||||**35,772**| ||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||| |Worshipmusic equipment & others|**-**||||||**556**| |Batistry|**-**||||||| |**_Sub total_ **|**-**||||||**556**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||0| ||||||||**36,329**| ||||||||| ||**8,330**|**-**|**-**||**8,330**||**- 2,396**| ||**-**|**-**|**-**||**-**||**-**| ||**31,848**|**-**|**-**||**31,848**||**34,244**| ||**40,178**|**-**|**-**||**40,178**||**31,848**| CCXX R1 accounts (SS) 20/09/2024 1 Section B Statement of assets and liabilities at the end of the period Unrestrietèd funds to nearest£ Restricted fund5 to nearest£ Endowment funds to n*arp5t£ Categories Deiail¥ B1 Cash fund8 Total cash funds 40,178 lagm baarrAswthre(4N5 snd p*mèth$ acc￿(￿)) Unrestrictèd funds to nearèst£ Rostricted funds to nearFSt £ Endowment funds to nearest£ Details Fund to which assPt b•lon Current valu Details Cost loptionall . z34# Fund to whlch 888Ot belon Cuttont Value onal Details C￿t lopttonall B4 Assats rntained for th• charlty'$ own use Fund to whlch relates Amount due onal When duo onal Details 85 Liabilitiè$ S*ned by one or iwo trustees on behalf of all the trustses Dat& of rov81 Signature Print Name Ho KiiL4 CCXX R2 accounts ISSI 1910912024