## **REGISTERED CHARITY NUMBER: 1172773**
**Report of the Trustees and Unaudited Financial Statements for the Year ended 31 August 2024 for HERTFORDSHIRE CHRISTIAN CENTRE**
## **HERTFORDSHIRE CHRISTIAN CENTRE**
**Contents of the Financial Statements for the Year ended 31 August 2024**
||Page|
|---|---|
|Report of the Trustees|1 to 2|
|Independent Examiner's Report|3|
|Statements of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 8|
|Detailed Statements of Financial Activities|9|
## **HERTFORDSHIRE CHRISTIAN CENTRE**
## **Report of the Trustees for the Year ended 31 August 2024**
The trustees presents their report with the financial statements of the charity for the year 1 September 2023 to 31 August 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charities Act 2011.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1172773
## **Registered office**
417 Shenley Road Borehamwood Herts WD6 1TW
## **Trustees**
John Adebogun Akinola Komolafe Atawa Aryee (Mrs)
## **Secretary**
C P Igbokwe
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Hertfordshire Christian Centre is a Charitable Incorporated Organisation. It is governed by a Memorandum and Articles of Association and controlled by the Directors for the purpose of company law.
## **Principal Activity**
The principal activity of the Charity in the year under review was the advancement of the Christian religion.
## **Risk management**
The trustees have addressed the major risks to which the charity is exposed, in particular those relating to specific operational areas of the charity and its finances. The trustees believe that by monitoring reserve levels, by ensuring controls exist over key financial systems and by examining the operational and business risks faced by the charity, they have established effective systems to mitigate those risks.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity has one main objective:
The advancement of the Christian religion.
It pursues this objective through the establishment of a Christian worship centre, based presently at Hertswood Academy premises in Borehamwood, Hertfordshire - where Sunday meetings are held.
## **Plans for the future**
The charity will continue to share the gospel to its members and congregations and support them spiritually, emotionally and any other way necessary. HCC will continue to explore opprtunities and ways of reaching out and spreading the gospel of Christ in an effective manner locally, nationally and internationally including supporting existing activities and initiating new programmes and activities.
Page 1
## **HERTFORDSHIRE CHRISTIAN CENTRE**
## **Report of the Trustees**
**for the Year ended 31 August 2024**
## **Community Programme**
We have continued our annual indoor and outdoor Community Carols Service, including providing refreshment and gifts to guests. HCC continues to reach to the community through our evangelistic outreaches, marking Easter in the community and plan to carry out Educational Support Outreach in the future. We have continued to grow our online presence, particularly via Facebook where thousands of people across the world are able to watch our services and messages free and request further information and the plan is to develop a more targeted Social Media content in the future. We have continued to support the community with tea/coffee/biscuits and free books via our weekly outreach activities.
## **Family Programme**
We continue to focus on the family by marking key dates in the calender, such as Mothers Day, Fathers Day and Family Day including a number of teaching on Family related topics. Going forward, the plan is to grow the Men's ministry beyond the membership and perhaps make it open to the community. The Men's group started as a monthly prayer meeting but it is gradually evolving into support forum.
We also continue to support our members, families and friends with pastoral care and other more targeted support as and when necessary.
## **Thanks And Appreciation**
We are particularly thankful to the congregation and volunteers of Hertfordshire Christian Centre for the sacrificial contributions of time, efforts and finances to the ongoing work, to see lives touched and changed for the better locally and beyond to the glory and praise of our Lord and Saviour Jesus Christ.
Approved by order of the board of trustees on 22 June 2025 and signed on its behalf by
Atawa Aryee (Mrs) - Trustee
Page 2
## **HERTFORDSHIRE CHRISTIAN CENTRE**
## **Statements of Financial Activities for the Year ended 31 August 2024**
|**Notes**
**INCOME AND ENDOWMENTS FROM**
Donations, Gifts, Grants and legacies
2
Investment Income
**Total**
**EXPENDITURE**
Honorarium
4
Charitable activities
**Total**
**NET (EXPENDITURE)/INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**2024**
**2023**
**Unrestricted**
**Restricted**
**Total**
**Total**
**fund**
**fund**
**funds**
**funds**
**£**
**£**
**£**
**£**
68990
-
68990
58089
-
-
-
-|
|---|---|
||**68990**
**0**
**68990**
**58089**
3880
0
3880
3450
60540
0
60540
59997|
||**64420**
**0**
**64420**
**63447**|
||4570
0
4570
(5358)
57794
0
57794
63152|
||**62364**
**0**
**62364**
**57794**|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities
The notes form part of these financial statements
Page 4
## **HERTFORDSHIRE CHRISTIAN CENTRE**
## **Balance Sheet At 31 August 2024**
|**Notes**
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
10
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**2024**
**2023**
**Unrestricted**
**Restricted**
**Total**
**Total**
**fund**
**fund**
**funds**
**funds**
**£**
**£**
**£**
**£**
374
-
374
747
-
-
-
-
63208
-
63208
57697|**2024**
**2023**
**Unrestricted**
**Restricted**
**Total**
**Total**
**fund**
**fund**
**funds**
**funds**
**£**
**£**
**£**
**£**
374
-
374
747
-
-
-
-
63208
-
63208
57697|
|---|---|---|
||63582
-
(1218)
-|63582
58444
(1218)
(650)|
||**62364**
**-**|**62364**
**57794**|
||**62364**
**-**|**62364**
**57794**|
||**62364**
**-**|**62364**
**57794**|
|||62364
57794
-
-|
|||**62364**
**57794**|
The financial statements were approved by the board of Trustees on 22 June 2025 and were signed on its behalf by
Atawa Aryee (Mrs) - Trustee
Page 5
## **HERTFORDSHIRE CHRISTIAN CENTRE**
## **Notes to the Financial Statements for the Year ended 31 August 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where cost cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment 20% on cost- straight line
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restriction arises when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|Tithes and offerings
Gifts Aid Claims
Other Income|**2024**
**2023**
£
£
56158
45055
8768
9179
4064
3855|
|---|---|
||68990
58089|
Page 6
## **HERTFORDSHIRE CHRISTIAN CENTRE**
**Notes to the Financial Statements for the Year ended 31 August 2024**
|**3. INVESTMENT INCOME**
Deposit account interest
**4. EXPENDITURE**
Charitable Activities
Honorarium
Support costs
**5. TRUSTEE'S REMUNERATION AND BENEFITS**
There were no trustee's expenses paid for the year ended 31 August 2023.
**6. STAFF COSTS**
Administration
The average monthly number of employees during the year was as follows:
**7. TANGIBLE FIXED ASSETS**
**Cost**
At 1 September 2023
Additions
At 31 August 2024
**Depreciation**
At 1 September 2023
Charge for year
At 31 August 2024
**NET BOOK VALUE**
At 31 August 2024
At 31 August 2023
**8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors|**2024**
**2023**
£
£
-
-
**2024**
**2023**
£
£
3880
3450
60540
59997
**2024**
**2023**
£
£
-
-
**2024**
**2023**
£
£
42606
40447
1
1
**Equipment**
**Fixtures &**
**Totals**
**Fittings**
£
£
£
1868 -
1868
-
-|**2024**
**2023**
£
£
-
-|
|---|---|---|
|||**2024**
**2023**
£
£
3880
3450
60540
59997|
|||**2024**
**2023**
£
£
-
-|
|||**2024**
**2023**
£
£
42606
40447|
||1868
1868||
||1121 -
1121
373 -
373||
||1494 -
1494||
||374 -
374||
||747 -
747||
||**2024**
**2023**
£
£
-
-||
Page 7
## **HERTFORDSHIRE CHRISTIAN CENTRE**
## **Notes to the Financial Statements**
**for the Year ended 31 August 2024**
## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Taxation and Social security
Accruals and deferred income|**2024**
**2023**
£
£
178
-
1040
650|
|---|---|
||1218
650|
## **10. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**Restricted fund**
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
**TOTAL FUNDS**|**Net**
**Transfers**
**movement**
**between**
**At 01.09.23**
**in funds**
**funds At 31.08.24**
**£**
**£**
**£**
**£**
57794
4570
-
62364
-
-
-
-|**Net**
**Transfers**
**movement**
**between**
**At 01.09.23**
**in funds**
**funds At 31.08.24**
**£**
**£**
**£**
**£**
57794
4570
-
62364
-
-
-
-|
|---|---|---|
||**57794**
**4570**
**-**
**62364**||
|||**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
£
£
£
68990
(64420)
4570
-
-
-|
|||**68990**
**(64420)**
**4570**|
## **11. RELATED PARTY DISCLOSURES**
There are no related party transactions for the year ended 31 August 2024
Page 8
## **HERTFORDSHIRE CHRISTIAN CENTRE**
**Detailed Statement of Financial Activities for the Year ended 31 August 2024**
|**INCOME AND ENDOWMENTS**
Tithes and offerings
Gift Aid Claim
Other Income
**EXPENDITURE**
**Honorarium**
Honorarium
**Charitable activities**
Benevolence/giving
Hall hire
Telephone
Printing, postage & stationery
Books & other resources
Travel
Insurance
Hire of equipment
**Support costs**
**Management**
Bank charges
Depreciation
**Human Resources**
Wages
Social security
**Others**
Refreshments
**Governance costs**
Legal & professional fees
**Total Resources expended**
**Net (expenditure)/income**|**2024**
**2023**
£
£
56158
45055
8768
9179
4064
3855|
|---|---|
||68990
58089|
||3880
3450|
||3880
3450
0
2500
10279
8027
867
853
302
181
1172
1416
1655
1635
228
228
538
1017|
||15041
15857
0
3
373
373|
||373
376
38542
36592
4064
3855|
||42606
40447
1636
2610|
||1636
2610
884
707|
||884
707|
||64420
63447|
|||
||**4570**
**(5358)**|
Page 9
## **HERTFORDSHIRE CHRISTIAN CENTRE**
## **Independent Examiner's Report to the Trustees**
I report on the accounts for the year from 1 September 2023 to 31 August 2024 set out four to nine.
## **Respective responsibilities of trustees 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(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
- examine the accounts under Section 145 of the 2011 Act
- to follow the procedure laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act) ; and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 disclosure in the accounts, and seeking explanations from you as 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 presents a 'true and fair view' and the report is limited to those matters set out in the statements below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 130 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
O Obidipe Independent Examiner 24 June 2025
Page 3