Christ Intimate Church 

## Statement of Financial Actvites 

## Trustees Report 

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

2022. The trustees report that the financial at year end 31 March 2022 brought growth and expansion of our services to the community and members. 

## **Principal activity:** 

The trust core principal activity is ‘Christ Intimate 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. 

## Source of financing and allocation of funding 

The level of finances for the year ended 31 March 2022 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 £14,640.80, thus an increase of £5015.00 from previous year. 

Christ Intimate Church cost was £13,336.00 and increase of £3,949.00 from previous year of 



Christ Intimate Church 

£9,387.00. 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, and we give glory to God. 

## 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 2022, 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 examiners’ 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 



Christ Intimate Church 

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 examiners’ 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** 



Christ Intimate Church 

## **Statement of fnancial Actvites Ending 31 March 2022** 

Christ Intimate Church Annual Report- Year Ending 31 March 2022 

## 3.1 Scope of Operation and Undertaken Activities 

The Trustees report that the financial year ended 31 March 2022 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 must increase continually especially in the areas of helping the youth to abstain from joining ‘Gangs’ in favour of living a Christ centred life. 

## 3.2 Income and Expenditure Summary as at 31 March 2022 


**----- Start of picture text -----**<br>
2020-2021 2021-2022<br>Income  9,625.00 14,640.00<br>Expenses  9387 13336<br>Surplus  238 1304<br>Surplus brought forward 2840 3078<br>Unrestricted Reserves  3078 4382<br>**----- End of picture text -----**<br>




Christ Intimate Church 


**----- Start of picture text -----**<br>
2020-2021 2021-22<br>Assets 4550 5930<br>Current Assets<br>Cash at Bank and in Hand  2,564 3,166<br>Current Liabilities<br>Trading Creditors  4036 4734<br>Net Current Assets  (1472) (1568)<br>Total Net Asset 3078 4382<br>Reserves<br>Unrestricted Reserves 3078 4382<br>**----- End of picture text -----**<br>


Christ Intmate Church 



Christ Intimate Church 

Statement of Financial Activities Ending on 31 March 2022 

Christ Intimate Church with Charity Registration: 1174305 

4. Notes to the accounts: Year ended 31 March 2022 

## 4.1 Accountng 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 depreciaton 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 Recogniton 



Christ Intimate Church 

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 Valuaton informaton 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. 


**----- Start of picture text -----**<br>
2020-2021 2021-2022<br>Income  9,625 14640<br>General Expenses<br>Administration  251.5 523.5<br>Insurance  295 353<br>Pastoral Care 355 1850<br>Rent 5000 5500<br>Travel  200 540<br>Utility- Gas on Rented Building  1855 2841<br>Phone 113 46<br>Accountancy  200 200<br>Depreciation  1137.5 1482.5<br>Total Expenses  9387 13336<br>Surplus  238 1304<br>Surplus brought forward  2840 3078<br>Unrestricted Reserves  3078 4382<br>**----- End of picture text -----**<br>




Christ Intimate Church