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2023-05-31-accounts

Trustees’ Annual Report for the period

From Period start date To Period end date

Charity name:The Healing Church of God in Christ (THCOGIC)

Charity registration number: 1170777

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To advance Religion through Education
and Community Outreach.
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
To provide a place of worship for all in
and around the East & North West
London Communities. There are daily
activities organised within and outside
the church building/s to create
awareness and advancement of the
Christian Faith.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18

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 The Church, East and North West is
successful in its endeavours to advance
the Christian Faith through Education,
Pastoral Care, Outreach Work and
Evangelism to its members and its
communities.

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
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Reserves are held to meet potential need,
to cover yearly outreach events,
expenses and to provide for growth
within the organisation
Amount of reserves held Para 1.22 All monies held in reserves
Reasons for holding zero
reserves
Para 1.22 There are no zero reserves
Details of fund materially in
deficit
Para 1.24 -
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 There are no present concerns about
charity uncertainty.

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:
Charitable Organisation
Type of governing document
(trust deed, royal charter)
Para 1.25 Church Constitution Document
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charity was set up as a Company but is
in the process of striking off company
status and changing to a Charitable
Organisation
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 As set out in THCOGIC Constitution

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and Para 1.51 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 The Healing Church of God in Christ
Other name the charity uses THCOGIC
Registered charity number 1170777
Charity’s principal address The Healing Church of God in Christ
62 Field Road
Forest Gate
London
E7 9DL

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)
Noel Johnson Pastor/Trustee
Jephthah Bowers Pastor/Trustee
Ian Phillips Trustee
Simone Wollery Trustee
Venice Smith Admin/Trustee

– 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 held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for 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

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) V. Smith Smith Full name(s) Venice Position (eg Secretary, Administrator Chair, etc)

Date

17th May 2022

Company Registration No. 10185737 (England and Wales)

THE HEALING CHURCH OF GOD IN CHRIST ANNUAL REPORT AND ABRIDGED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023

THE HEALING CHURCH OF GOD IN CHRIST ANNUAL REPORT AND ABRIDGED UNAUDITED ACCOUNTS CONTENTS

Page
Company information 3
Directors' report 4
Income statement 5
Statement of financial position 6
Notes to the accounts 7
Detailed profit and loss account 8

THE HEALING CHURCH OF GOD IN CHRIST COMPANY INFORMATION FOR THE YEAR ENDED 31 MAY 2023

Directors

Company Number

Registered Office

Simone Wollery Venice Veronica Smith Ian Phillips Noel Pastor Johnson Jephthah Bowers

10185737 (England and Wales)

THE WAREHOUSE COTTAGE STREET BRIERLEY HILL DY5 1RE ENGLAND

THE HEALING CHURCH OF GOD IN CHRIST (COMPANY NO: 10185737 ENGLAND AND WALES) DIRECTORS' REPORT

The directors present their report and accounts for the year ended 31 May 2023.

Directors

The following directors held office during the whole of the period:

Simone Wollery Venice Veronica Smith Ian Phillips Noel Pastor Johnson Jephthah Bowers

Statement of directors' responsibilities

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.

Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors

............................................................................

Venice Veronica Smith Director

Approved by the board on: 30 January 2024

THE HEALING CHURCH OF GOD IN CHRIST INCOME STATEMENT FOR THE YEAR ENDED 31 MAY 2023

2023 2022
£ £
Gross profit 22,939 23,666
Administrative expenses (17,447) (13,136)
Operating profit 5,492 10,530
Interest receivable and similar income 14 1
Interest payable and similar charges (6) -
Profit on ordinary activities before taxation 5,500 10,531
Tax on profit on ordinary activities - -
Profit for the financial year 5,500 10,531

THE HEALING CHURCH OF GOD IN CHRIST STATEMENT OF FINANCIAL POSITION AS AT 31 MAY 2023

Notes
Fixed assets
Tangible assets
4
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Net assets
Capital and reserves
Profit and loss account
Shareholders' funds
2023
£
834
96,500
115,619
212,119
(700)
211,419
212,253
(148,796)
63,457
63,457
63,457
2022
£
834
96,500
110,119
206,619
(700)
205,919
206,753
(148,796)
57,957
57,957
57,957

For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2024 and were signed on its behalf by

Venice Veronica Smith Director

Company Registration No. 10185737

THE HEALING CHURCH OF GOD IN CHRIST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2023

1 Statutory information

The Healing Church Of God In Christ is a private company, limited by shares, registered in England and Wales, registration number 10185737. The registered office is THE WAREHOUSE, COTTAGE STREET, BRIERLEY HILL, DY5 1RE, ENGLAND. The company is in the process of being wound up.

2 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

4
Tangible fixed assets
Cost or valuation
At 1 June 2022
At 31 May 2023
Depreciation
At 31 May 2023
Net book value
At 31 May 2023
At 31 May 2022
Total
£
834
834
-
834
834

5 Average number of employees

During the year the average number of employees was 0 (2022: 0).

THE HEALING CHURCH OF GOD IN CHRIST DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MAY 2023

This schedule does not form part of the statutory accounts.

2023 2022
£ £
Cost of sales
Purchases 2,562 2,355
Subcontractor costs 1,896 -
4,458 2,355
Gross loss (4,458) (2,355)
Administrative expenses
Temporary staff and recruitment 6,642 710
Travel and subsistence 427 21
Entertaining - 150
Rent 1,560 2,930
Rates - 379
Light and heat 805 600
Telephone and fax 379 442
Postage 538 -
Stationery and printing - 402
Subscriptions 568 288
Insurance - 1,027
Software 188 21
Repairs and maintenance 5,427 -
Donations - 1,109
Sundry expenses - 2,779
Accountancy fees 700 700
Advertising and PR 213 1,578
17,447 13,136
Other operating income
Other operating income 27,397 26,021
Operating profit 5,492 10,530
Interest receivable
Interest receivable 14 1
Interest payable
Bank loans and overdrafts 6 -
Profit on ordinary activities before taxation 5,500 10,531

Trustees’ Annual Report for the period

From Period start date To Period end date

Charity name:The Healing Church of God in Christ (THCOGIC)

Charity registration number: 1170777

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To advance Religion through Education
and Community Outreach.
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
To provide a place of worship for all in
and around the East & North West
London Communities. There are daily
activities organised within and outside
the church building/s to create
awareness and advancement of the
Christian Faith.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18

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 The Church, East and North West is
successful in its endeavours to advance
the Christian Faith through Education,
Pastoral Care, Outreach Work and
Evangelism to its members and its
communities.

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
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Reserves are held to meet potential
need, to cover yearly outreach events,
expenses and to provide for growth
within the organisation
Amount of reserves held Para 1.22 All monies held in reserves
Reasons for holding zero
reserves
Para 1.22 There are no zero reserves
Details of fund materially in
deficit
Para 1.24 -
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 There are no present concerns about
charity uncertainty.

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:
Charitable Organisation
Type of governing document
(trust deed, royal charter)
Para 1.25 Church Constitution Document
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charity was set up as a Company but is
in the process of striking off company
status and changing to a Charitable
Organisation
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 As set out in THCOGIC Constitution

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 The Healing Church of God in Christ
Other name the charity uses THCOGIC
Registered charity number 1170777
Charity’s principal address The Healing Church of God in Christ
62 Field Road
Forest Gate
London
E7 9DL

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)
Noel Johnson Pastor/Trustee
Jephthah Bowers Pastor/Trustee
Ian Phillips Trustee
Simone Wollery Trustee
Venice Smith Admin/Trustee

– 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 held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for 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

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) V. Smith Smith Full name(s) Venice Position (eg Secretary, Administrator Chair, etc)

Date

17th May 2022