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← Fountain Gate Chapel, Croydon

2023-12-31-accounts

Fountain Gate Chapel (Croydon)

FINANCIAL STATEMENT For the year ended

31 December 2023

CHARITY NUMBER 1176825

Trustees: LORDINA OSEI ASANTE MIKE QUARTEY Charity Reg No: 1176825 Registered Address: 16 WESTON CLOSE COULSDON SURREY CR5 1BX Bankers: METRO BANK Independent examiner: Matthew Onuh (FCCA) Keystone Accountancy Limited New Addington, Croydon CR0 0LJ

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FOUNTAIN GATE CHAPEL

Table of contents

  1. Trustees report

  2. Examiner’s report

  3. Income and expenditure account

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TRUSTEES REPORT

The Trustees present their reports for the period ended 31 December 2023. The accounts have been prepared in accordance with the Statement of Recommended practice and applicable law.

Objectives of the Charity and Principal Activities

Fountain Gate Chapel Croydon is charitable. The objectives of FGC are:

  1. To advance the Christian faith for the benefit of the public in accordance with the statements of belief as the trustees from time to time think fit.

  2. To relieve the needs of the community in Croydon and the surrounding areas by:

  3. A. The preservation and protection of good physical and mental health

B. The advancement of education and training of those in the community who are in need thereof so as to advance them in life and assist them to adapt within the wider community

C. The provision of facilities for recreation or other leisure-time occupation with the object of improving the conditions of life of those persons who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances

The principal activities of the church:

Fountain gate chapel, Croydon is a church in the local area that is open to people from all walks of life and supports the religious needs of the people. The church offers donations to food banks, homeless and the deprived in the society. the church also supports single parents and extend a helping hand to people in dire need who visit. The church meets at Norbury manor primary school on Sundays.

Development, Activities and Achievements in the period

Fountain Gate Chapel became a registered charity on the 24th of January 2018. The charity ministers to the needs of various social groups within and outside the church. The charity provides forum for empowerment, development for its members to be equipped educationally, socially and spiritually.

Statement of Trustees Responsibilities

The Charities Act requires the Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the charity and of surplus or deficit of the charity for that period. In preparing these financial statements, the trustees are required to:

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The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Trustees

The members of the trustees during the year were:

Approval

The report was approved by the board on 10/06/2024 and signed on its behalf by

Lordina Osei Asante Date:10th June 2024

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Statement of financial activities for the year ended 31st December 2023

Income and expenditure account for the year ended 31st December 2023. Incoming resources from 01/01/2023 - 31/12/2023 Unrestricted funds 2023 2022 £ £ Generated Funds Voluntary income: Tithes and Offerings 38,300.10 35,172.68 Gift aid claim 6,933.89 4,936.14 Total Income 45,233.99 40,108.82 Charitable activities: Administrative expenses, Rent, Charitable donation /Hospitality Bank charges, stationeries 39,833.63 33,828.01 Total expenses 39,833.63 33,828.01 Net Income 5,400.36 6,280.81 Net Income carried forward as at 31/12/2021 5,788.83 Net Income carried forward as at 31/12/2022 12,069.64 Reconciliation of fund: Total Income carried forward as at 31/12/2022 12,069.64 Total Income carried forward as at 31/12/2023 17,470.00

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Independent Examiner’s Report to the Trustees of “Foundation Gate Chapel”

I report on the accounts of the Charity ended 31 December 2023, which are set out on page 6.

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 of the Charities act 2011 (the Charities Act and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records. It also includes consideration of any unusual items or disclosures 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 adult, and consequently, no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Matthew Onuh (FCCA) Keystone Accountancy Ltd, New Addington, CR0 0LJ

Dated: 10th June 2024

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