| Page | ||
|---|---|---|
| Charity Information |
||
| Trustees' annual report |
2-5 | |
| Statement offinancial | position | |
| Balance sheet | ||
| Notes to the financial | statements | 8-14 |
| Independent examiner*s report |
15 |
| Registered | Charity | Name | Presbyterian Church of |
Ghana | North | London | District, UK | |
|---|---|---|---|---|---|---|---|---|
| Status | Charitable Incorporated |
Organisation | (CIO) | |||||
| Charity registration | number | 1176100 | ||||||
| Principal | office and | registered | ||||||
| office | St Margaret The Queen | |||||||
| Barcombe Avenue | ||||||||
| Streatham Hill |
||||||||
| London | ||||||||
| SW12 3BH | ||||||||
| Trustees | Dr Yaw Ohene- Abuakwa | Chair | ||||||
| Mr Emmanuel Adofo |
Secretary | |||||||
| Ms Linda Nsiah | Treasurer | |||||||
| Mr Jonathan Peasah |
LayRep | |||||||
| Bankers | HSBC Pic | |||||||
| 20-21 Electric Parade | ||||||||
| George Lane | ||||||||
| South Woodford | ||||||||
| London | ||||||||
| E182LX | ||||||||
| Independent | Examiner | AL Accountants | ||||||
| 70Annalee Road | ||||||||
| South Ockendon | ||||||||
| Essex | ||||||||
| RM15 5BZ |
| Unrestricted | Funds | Total | TOTAL | ||||
|---|---|---|---|---|---|---|---|
| Notes | General 6 |
Designated 6 |
2020 | 2019 f |
|||
| INCOMING RESOURCES | |||||||
| Incoming resources from generated Voluntary Income Activities for generating funds |
funds: | 49706 | 50 | 49706 50 |
136434 21093 |
||
| Total incoming resources | 49706 | 50 | 49756 | 157527 | |||
| RESOURCES EXPENDED | |||||||
| Charitable activities: Ministerial cost Management 8Administration Donations Governance Cost Transfer ofassessment receivable-Midland |
Distric | 42576 13816 2540 1200 |
1078 | 14894 2540 1200 |
76170 66063 4536 7307 25705 |
||
| Total resources expended | 60132 | 1078 | 61210 | 179781 | |||
| Net incoming /(Outgoing ) resources |
-10426 | -1028 | -11454 | -22254 | |||
| before transfers | |||||||
| Group funds | |||||||
| Gross transfer between funds |
|||||||
| Net movement in funds |
-10426 | -1028 | -11454 | -22254 | |||
| Total funds b/fwd. 1 January 2020 |
12731 | 10243 | 22974 | 42803 | |||
| Total funds c/fwd. 31 December 2020 | 2305 | 9215 | 11520 | 20549 |
| Unrsshtoted | Funds | Total | |||||
|---|---|---|---|---|---|---|---|
| Designated | Funds | ||||||
| flXEDASSETS | |||||||
| Tangibbr asssh | 17 | 1750 | 4125 | ||||
| 9 | 25574 | 25574 | 27033 | ||||
| 10 | 4942 | 9215 | 4023 | 25017 | |||
| 1$N2 | |||||||
| CURRENT UABIUTIES | |||||||
| Credilors payabrs | within one year | 19827 | |||||
| NET CURRENT ASSEf8 | |||||||
| TOTAL ASSETSLESSCURRENT | UABIUTIES | 2305 | 9215 | 11520 | |||
| Creditors payabta |
aller one year | ||||||
| TOTAL NETASSETS | 92'l5 | 11520 | |||||
| ACCUMULATED FUNDS |
|||||||
| General unresbtcted Designated Funds |
funds | 13 14 |
2305 | 9215 | 2305 9215 |
10305 10243 |
|
| 9215 | - | 11520 |
| Unrestricted | Funds | Total | TOTAL | |||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | 2020 | 2019 | |||||
| 6 | 2 | 5 | 6 | |||||
| 2 | VOLUNTARY INCOME |
|||||||
| District Assessments | 40068 | 40068 | 135138 | |||||
| Sundries | 2500 | 2500 | 1296 | |||||
| Visa Fees | 0 | 0 | ||||||
| Plot ofLand | 1000 | 1000 | ||||||
| Turnout support |
3184 | 3184 | ||||||
| Prolit on sale ofDistrict car | 1916 | 1946 | ||||||
| Donations | 1008 | 1008 | ||||||
| 49706 | 49706 | 136434 | ||||||
| 3 | ACTIVITIES FOR | GENERATING | FUNDS | |||||
| District Fundraising | event | 6718 | ||||||
| District Council fees | 6755 | |||||||
| Group Funds | 50 | 50 | 7620 | |||||
| 50 | 21093 | |||||||
| Total Incoming Resources | 49756 | 157527 | ||||||
| Resources ExpendedCharitable | ActiviTies | |||||||
| 4 | Slinisterial Costs | |||||||
| Europe Presbytery | Assessment | 12927 | 12927 | 29327 | ||||
| Ministers and Preachers Stipends | 17100 | 17100 | 34575 | |||||
| Other Ministerial Expenses |
8199 | 8199 | ||||||
| Catechists Allowances | 1350 | 1350 | 8320 | |||||
| Employers Nl |
3000 | |||||||
| Visa Fess | 3000 | 3000 | ||||||
| 42576 | 42576 | 75222 | ||||||
| 5 | Management &Administration |
|||||||
| Ofticials Allowances |
3800 | 3800 | 3740 | |||||
| Mission House -Rent | 19200 | |||||||
| District Car Expenses | 106 | 106 | 711 | |||||
| Travel &Transport | 3845 | 3845 | 6901 | |||||
| Meeung 8 Conferences | 10146 | |||||||
| Printing, Stationery |
&Postage | 470 | 470 | 905 | ||||
| Sundries | 555 | 555 | 2721 | |||||
| Radio Fixing and Zoom | 837 | 837 | ||||||
| Mobile 3 TV Licence | 1614 | 1614 | ||||||
| Light &Heating | 1583 | 1583 | ||||||
| Subscripbon | 132 | 132 | ||||||
| Assessment written |
off-Colchaster | 8084 | ||||||
| 12941 | 12941 | 52408 | ||||||
| Other Programmes | ||||||||
| Hospriality Expenses |
3988 | |||||||
| Group Expenses | 1078 | 1078 | 8292 | |||||
| 1078 | 1078 | 12280 | ||||||
| Other Expenses | ||||||||
| Depreciation | 875 | 875 | 1375 | |||||
| 878 | 875 | 1375 | ||||||
| Total | 13818 | 1078 | 66063 |
| FOR THE YEAR ENDED 3 | 1DECEIS | BER2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Restricted | TOTAL | Total | ||||
| General | Designated | Funds | 2020 | 2019 | ||||
| 6 | F | 6 | E | |||||
| 6 | Donations | |||||||
| Farewell donation -Midland |
District | 1000 | 1000 | |||||
| Rev Larsey | 500 | 500 | ||||||
| Edjeikoomhene | 200 | 200 | ||||||
| Cat. Ankoma Adjei |
520 | 520 | ||||||
| Cat Kwame Boakye | 320 | 320 | ||||||
| Dr Yaw Ohene-Abuakwa-Lay | Rep | 3346 | ||||||
| Hosanna Congregation |
400 | |||||||
| Gethsemane-Northampton | 200 | |||||||
| Redemption-Telford | 100 | |||||||
| Mrs Asumeng | 100 | |||||||
| Isaac Offeh | 100 | |||||||
| Jonathan Peasah |
150 | |||||||
| Mrs Asumeng | 100 | |||||||
| Mrs Betly Oware | 40 | |||||||
| 2540 | 4536 | |||||||
| 7 | Governance Cosis | |||||||
| Independent Examiner |
1000 | 1000 | 1000 | |||||
| Training Cost | 200 | 200 | 6307 | |||||
| 1200 | 1200 | 7307 | ||||||
| Total expended resources |
||||||||
| 8 | Transfer ofassessment to Midland | District | ||||||
| Faith Congregation-Leeds | 11961 | |||||||
| Prince ofPeace congregation-Birmingham | 3306 | |||||||
| Ascension Congregation-Manchester |
7709 | |||||||
| Bethel Congregation-Wolves | 1165 | |||||||
| Milton Keynes Congregation | -1 | |||||||
| Gethsemane congregation-Northampton |
700 | |||||||
| Redemption Congregation- |
Telford | 865 | ||||||
| 25705 | ||||||||
| Total expended resources | 60132 | 1078 | 61210 | 178833 | ||||
| 9 | Debtors | |||||||
| Ramseyer Congregation-London | -77 | -77 | 7902 | |||||
| Calvary Congregation -London |
9020 | 9020 | 12433 | |||||
| Hosanna Congregation |
6799 | 6799 | 2519 | |||||
| Resurrection Congregation-Colchester |
5832 | 5832 | 4854 | |||||
| Loan-PCG Trinity Belgium/Holland |
4000 | 4000 | ||||||
| 25574 | 25574 | 27708 |
| Unrestricted | Funds | Restricted | TOTAL | Total | ||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | Funds | 2020 | 2019 | ||||
| F | 5 | |||||||
| 10 | Bank and | Cash Balance | ||||||
| HSBC | -5942 | 9215 | 3273 | 24267 | ||||
| Conduit Funds | 750 | 750 | 750 | |||||
| 9215 | 750 | 4023 | 25017 | |||||
| 11 | Creditors | |||||||
| Finance Director Allowance | 2425 | |||||||
| Independent | Examiner | 1000 | 1000 | 1000 | ||||
| Europe Presbytery | 8674 | 8674 | 18731 | |||||
| Gift aid -refund to Revival | 2713 | 2713 | 3897 | |||||
| Gift aid -refund to Luton Congregation | 2410 | 2410 | ||||||
| Mission Support-Revival | 1280 | 1280 | 3823 | |||||
| Employer's | Nl | 3000 | 3000 | 3000 | ||||
| Others | 2800 | |||||||
| 19077 | 19077 | 35676 | ||||||
| Conduit Funds | ||||||||
| Dawhenya | Land | 750 | 750 | 750 | ||||
| 19077 | - | 750 | 19827 | 36426 |
| At | Incoming | Outgoing | At | 2019 | |||
|---|---|---|---|---|---|---|---|
| 01Van-20 | Resources | Resources | 31-Dec-20 | ||||
| 13 | Unrestricted | Funds | 10306 | 49706 | 60132 | 13025 | 5239 |
| Prior year adjustment | 2425 | 2425 | 5067 | ||||
| 12731 | 49706 | 60132 | 15450 | 10306 | |||
| 14 | Designated | Funds | 10243 | 50 | 1078 | 9215 | 10243 |
| 22974 | 49756 | 61210 | 24665 | 20549 |
| At | Incoming | Outgoing | At | At | ||
|---|---|---|---|---|---|---|
| 1Jan.20 | Resources | Resources | 31.Dec.2020 | 2019 | ||
| Men Fellowship | -383 | -383 | -383 | |||
| Choir | 3633 | 3633 | 3633 | |||
| Bible Study And Prayer Group | 1547 | 300 | 1247 | 1547 | ||
| Young | Adults Fellowship |
1489 | 178 | 1311 | 1489 | |
| Singing | Band | 626 | 626 | 626 | ||
| Women | Fellowship | 5420 | 50 | 600 | 4870 | 5420 |
| Young | People's Guide | -2089 | -2089 | -2089 | ||
| 10243 | 50 | 1078 | 9215 | 10243 |
| Radio | District | Total | Total | ||
|---|---|---|---|---|---|
| Cost | Equipment | car E |
2020 | 2018 E |
|
| Broughtforward | 1 January2020 | 3500 | 2000 | 5500 | 5500 |
| Additions in the |
year | ||||
| Disposal in the year |
2000 | -2000 | |||
| Carried forward | 31December 2020 | 3500 | 3500 | 5500 | |
| Depreciation | |||||
| Broughtforward | 1January 2020 | 875 | 500 | 1375 | 1375 |
| Depreciation for |
the year | 875 | 875 | ||
| Released in the |
year | 500 | -500 | ||
| Carried forward | 31December 2020 | 1750 | 1?50 | 1375 | |
| Net BookValue | |||||
| As at 31December 2020 | 1750 | 1750 | |||
| As at31December 2018 | 2625 | 1500 | 4125 |