## **Statement of Financial Activities Ending on 31 March 2021** 

Christ Intimate Church with Charity Registration: 1174305 

## 1. Trustees Report 

The Trustees present their report and accounts for accounting year ending on 31 March 

2021. The trustees report that the financial at year end 31 March 2021 brought growth and 

expansion of our services to the community and members. 

## **Principal activity:** 

The trust core principal activity is ‘Christ Centred Church’ undertakings and secondly 

activities are services to humanity and general local community. 

During the year prayers and teaching conferences were organised on a regular basis and attendance to these conferences were very good. We also provided training seminars for teachers and volunteers of our Sunday schools. 

We are ever prepared to expand scope of consideration, offer training and education to 

volunteers where needed, however our objectives are constraint by financial resources 

available. We met all planned objectives and operations especially maintaining and 

increasing our membership numbers. 

## **1.1 Source of Financing and allocation of funding** 

The level of finances for the year ended 31 March 2021 was stable. The income level was not 

too different from projected income and for this very reason we would like to express our 

sincere gratitude to Christ Intimate Church members for their generous donations and 



contributions which has mainly been sole funding of our programmes. We received donations of £9,625.00, thus an increase of £2941.00 from previous year. Christ Intimate 

Church cost was £9387.00 an increase of £3,138.00 from previous year of £6249.00 . Subject to availability of financial resources, present youth and anti-gang programmes would 

continue as part of our overall community committee. In conclusion, it was a very successful year, praise be to God. 


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2019-2020 2020-2021<br>Income  6684 9,625.67<br>Expenses  6249 9387<br>Surplus  435 238<br>Surplus brought forward 2405 2840<br>Unrestricted Reserves  2840 3078<br>**----- End of picture text -----**<br>


## **Christ Intmate Church** 

Statement of Financial Activities Ending on 31 March 2021 

Christ Intimate Church with Charity Registration: 1174305 



## Respective responsibilities of trustees and examiner 

As described on the balance sheet the Trustees of Christ Intimate Church are responsible for the preparation of the accounts for the year ended 31 March 2021, set out on pages below and the Trustees consider that the church is exempt from an audit requirement of section 43 (2) of the Charities Act 1993 (the Act). In accordance with Trustees of Christ Intimate Church instructions, we have compiled these unaudited accounts to assist Trustees of Christ Intimate Church to fulfil its statutory responsibilities, from the accounting records, information and explanations made available to us including incomplete records leading to extensive reconciliations to derive prudent and reasonable amounts. 

Basis of independent examiner's report Our examination was carried out in accordance with the General Direction 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 trustees on any such matters. The procedures undertaken do not provide all the evidence that would be required by an audit, and consequently, we do not express an audit opinion on the view given by the accounts. 

## Independent examiner's statement 

In accordance with our examination, no matter has come to our attention: 

(1) Which gives us reasonable cause to believe that in any material respect the 

requirements: 



(a) To keep accounting records in accordance with section 41 of the Act: and 

(b) To prepare accounts which accord with the accounting records and to comply with the 

accounting requirements of the Act have not been met, or 

(2) To which, in our opinion, attention should be drawn to enable a proper understanding of the accounting to be reached. 

## **Christ Intmate Church** 

Statement of Financial Activities Ending on 31 March 2021 

Christ Intimate Church with Charity Registration: 1174305 

3. Christ Intimate Church Annual Report - Year Ended 31 March 2021 



## 3.1 Scope of Operation and Undertaken Activities 

The Trustees report that the financial year ended 31 March 2021 continued to bring new challenges for the organisation. 

In line with our Christian ethos, during the year, various teaching and prayer seminars were 

organised on regular basis. Again, the attendances to these activities have continued to increase especially in the areas of helping the youth to desist from joining ‘Gangs’ in favour of living a Christ centred life. 

## 3.2 Income and Expenditure Summary as at 31 March 2021 


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2019-2020 2020-2021<br>Income  6684 9,625.67<br>Expenses  6249 9387<br>Surplus  435 238<br>Surplus brought forward 2405 2840<br>Unrestricted Reserves  2840 3078<br>The net movement in funds for the year stated above arose entirely from continuing<br>**----- End of picture text -----**<br>


activities. There are no recognised gains or losses for the year above other than included in 

the above statement of financial activities. The notes from pages 7 to 8 form part of these 

accounts. Christ Intimate Church performance statement above and the Balance Sheet 

below is reflection of true and fair view of the trust position as at 31 March 2021. 



## **Christ Intimate Church** 

Statement of Financial Activities Ending on 31 March 2021 Christ Intimate Church with Charity Registration: 1174305 

3.3 Statement of Position (Balance Sheet) as at 31 March 2021 




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2019-2020 2020-2021<br>Assets 3072 4550<br>Current Assets<br>Cash at Bank and in Hand  294 2,564<br>Current Liabilities<br>Trading Creditors  526 4036<br>Net Current Assets  (232) (1472)<br>Total Net Asset 2840 3078<br>Reserves<br>Unrestricted Reserves 2840 3078<br>**----- End of picture text -----**<br>


Christ Intimate Church 

Statement of Financial Activities Ending on 31 March 2021 

Christ Intimate Church with Charity Registration: 1174305 

4. Notes to the accounts: Year ended 31 March 2021 



## 4.1 Accounting Policies 

## 4.1.1 Basis of measurement and preparation of accounts 

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 statement reflects the requirements of the revised Statement of 

Recommended 

Practice 'Accounting for Charities' (SORP). The charity complied with Best practice at the 

time of preparing these accounts. 

## 4.1.2 Tangible Fixed Assets depreciation policy 

All fixed Assets are capitalised after taking account of any grants receivable (if any), at the 

following annual rates in order to write off each asset over its estimated useful life. The 

charge for 

depreciation is calculated to write-off the costs of fixed assets are capitalised over their 

usefulness on the following bases: 

- Equipment 25% on Net Book Value (reducing balancing capitalising method) 

- Furniture 25% on Net Book Value (reducing balancing capitalising method) 

- Fittings 25% on Net Book Value (reducing balancing capitalising method) 



## 4.1.3 Income Recognition 

Income is accounted for on an accrual’s basis, except for donations, which are credited to 

income when received during the period. 

## 4.1.4 Expenditure 

AII expenditure is accounted for on an accrual basis. Direct charitable expenditure relates to 

those incurred or grants payable, which directly relate to the furtherance of the charity's 

objects. Management and administration costs include wages and related costs of central administration. 

## 4.1.5 Valuation information and policy 

Where applicable valuations would be undertaken as the lower of cost and net realisable 

value, after making due allowance for obsolete. Cost includes all direct expenditure and an 

appropriate proportion of fixed and variable overheads. 

## Christ Intimate Church 

Statement of Financial Activities Ending on 31 March 2021 

Christ Intimate Church with Charity Registration: 1174305 



## 4.2 Performance – Detailed Income and Expense Statement 


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2019-2020 2020-2021<br>Income  6684 9,625<br>General Expenses<br>Administration  230 251.5<br>Insurance  404 295<br>Pastoral Care 2400 355<br>Rent 1000 5000<br>Travel  17 200<br>Utility- Gas on Rented Building  930 1855<br>Phone 0 113<br>Accountancy  500 200<br>Depreciation  768 1137.5<br>Total Expenses  6249 9387<br>Surplus  435 238<br>Surplus brought forward  2405 2840<br>Unrestricted Reserves  2840 3078<br>**----- End of picture text -----**<br>