Greenford Church of Christ Trustee Annual Report for the year 31 March 2021
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Greenford Church of Christ
Trustee Annual Report for the year 31 March 2021
The trustees present their annual report for the year ended 31 March 2021 and confirm they comply with the requirements of the Charity Commission and the trust deed.
Reference and Administrative Information
Name of Charity Greenford Church of Christ
Charity Registration number 1175815
Address 25 Holburne Gardens
London
SE3 8JD
Board of Trustees
Ekaette Henry Edung Hogan Udo
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Greenford Church of Christ
Report of the Trustees for the year 01 April 2020 – 31 March 2021
Structure, Governance and management
Governing document
Greenford Church of Christ is constituted as a charitable trust registered with the Charity Commission on the 20 November 2017 under the charity number 1175815. It is governed by the constitution of Greenford Church of Christ last amended on the 20 November 2017.
Organisation Structure
The charity trustees are responsible for the control and management of the charity. The Trustees give their time freely and receive no remuneration or other financial benefit. The Trustees so far have been incapacitated to some extent in carrying out the responsibilities incumbent upon them to do due to the following reasons
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1) Opening an account for the charity has been an on-going challenge that we are still facing. Even after the first financial year has passed we were still unable to get the account running well into the period of pandemic. In October 2020 we were given appointment which was scheduled for the 24 March 2021. Even then that appointment was cancelled. Ever since we are still battling with banks to get an appointment to open the account. The explanation we have from the banks is lack of staff due to covid 19. Hence there is no financial transaction carried out by the Charity.
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2) Due to lack of account we have not been able to raise fund in order to acquire our own place of Worship. Some of the objectives has not been carried still as supposed to. Nevertheless, we sometime team up with other sister congregations to carry out e.g. evangelism and other church activities. Hence we do not have a permanent address for the charity yet.
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Recruitment and appointment of trustees
The existing trustees are responsible for the recruitment of new trustees. Unfortunately, this was not implemented due to lack of fully running the Charity as we should due to reasons enumerated above. This we were looking forward to increasing the number of trustees to minimum of three trustee members.
Induction and training of Trustees
This was not possible since there were no new appointed trustees.
Our Object
The objects of the CIO are set to reflect our faith and community aims. Each year the trustees supposed to review our objectives but this was not done due to the circumstances that hindered us.
Statement of Trustees responsibilities
The charity trustees are responsible for preparing an annual report and financial statements in accordance with applicable law and United Kingdom accounting Standards (United Kingdom Generally Accepted Accounting Practice)
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:
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i) Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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ii) make judgements and estimates that are prudent ; iii) state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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iv) prepare the financial statements on the basis of income and expenses.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply
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with the charities Acts and Regulations and the position of the constitution of the charity of which the trustees manage and protect.
They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees for the purposes of Charity law who served during the year and up to date of this report are set out on page 2.
Approved by the trustees and signed on its behalf by:
Hogan Udo
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CHARITY COMMIS510 FOR INGLAND AND WALE Receipts and payments accounts CC16a For the peflod from To 31 Sectlon A Receipts and payments Unrestrlct?d fn8 10 Ihe n•AMIl Restrlcled fund¥ Endowment funda Total fund• L4•ty•ar to th• n•4V••t £ l• th• rvJ•ff••t A1 Recel ts Sub total(Gross income for AR? A2 A$$ot and Inve8tmènt ¥alei, (see tablel. Sub total Total recelpts A3Pa mènts Sub total A4 As•ei and Inve3tm•nt urcha8*8, Sub total Toealpaym¢nts Net of re¢•1pt(P4Yrneftts} A5 Transfern betr4tsen fund• A6 C¥stt lund• last y••f •nd C8sh lunds th1¥ y•ar •nd 29MY2021 CCXX Rl aUnts l$SI
Sectlon B Statement of assets and liabilities at the end of the period Vnrestrlcted rund¥ to n•ar••l É Restrl¢ted lund4 Endowment lund• lo n••r••i É Dc.'311s B1 Cagh funds Total eajh fund Unre3trf¢t•d lund• R••trtct•d funds to n••rv4t t Endowm•ni 10 n••r••l t B2 Other monetary assèts Oetails Fund lo whl¢h •••t b•lon Cuff•nivlu• B3 Inv•stmont as8et$ Fund 10 whlch Detalls Curr•niv4lu• B4 As•et• r•t#ln•d for th• ¢harity'8 own u8• Opiall Fund lo whleh JTroum d on• Vlh•n du• B5 Llabllltl•• S*nvLS by on• or tt¥o 1•to•• ory b•haM•l Ill lh• truit•e• SWJnatur• Pthl Nam• Da ol CCXX RZ ISSI