Report of the Trustees and Unaudited Financial Statements for the Period ended 31[st] December 2023 For
Tabernacle Pentecostal Church England and Wales
Charity number: 1176895
Tabernacle Pentecostal Church
CONTENTS
| Trustees Annual Report | 3-4 |
|---|---|
| Independent Examiner’s Report | 5 |
| Receipts and Payment Account | 6 |
| Statement of Assets and Liabilities | 7 |
Tabernacle Pentecostal Church
Trustees’ Annual Report
For the Year Ended 31 December 2023
The trustees have pleasure in presenting their report together with the financial statements for the period ended 31 December 2023
Reference & Administrative Information
Charity Name : Tabernacle Pentecostal Church Charity No : 1176895 Address : 34 Oak Road, Rogerstone. Newport, Gwent, NP 10 9FJ Telephone Number: 07917852001 Web: www.tpcwales.org
Trustees (Charity Board) Pr Prince Prayson - Chairman Sajan Thomas - Trustee Sumoth Philip - Trustee Santhosh Kurian - Treasurer
Other Trustees who served during the year None
Structure, Governance & Management
Constitution
This Charity is a Christian church. It is governed by its constitution which was adopted on 30.01.2018. The Church was granted charitable status by Charity Commissioner of England Wales.
Appointment of Trustees
Trustees are nominated by Charity Board.
Appointment of Church secretary/ other officials
The Church secretary has a major role in Church activities. The secretary is selected in Church General body meeting and attending every Charity Board meeting. Other officials are selected in General body meeting.
Management
The trustees are responsible for the strategic direction and governance of the Church whilst day-to-day running. We also have several volunteer leaders to assist on a rota basis.
Objectives & Activities
Charitable purposes
- To advance the Christian faith in accordance with the statement in such ways and in such part of the United Kingdom or the world as the Governing Body/ Church from time to time may think fit:
Tabernacle Pentecostal Church
Objectives & Activities (continued)
Charitable purposes (continued)
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To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such part of the United Kingdom or the world as the Governing Boardy/ Church from time-to-time think fit; and
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To advance education in such way and in such parts of the United Kingdom or the world as the Governing Body/ Church from to time may think fit.
Activities
Regular Sunday worship to encourage people for spiritual life
Conduct Sunday school to educate children both in their Christian and secular life
Conduct vacation Bible School for Children during non- term period.
Encourage youth to participate and develop their skills and talents.
Conduct evangelism meetings and outreach activities to educate and encourage people for their spiritual well-being.
Financially support ministries in Indian rural locations
Raise funds and support for domestic and international natural disasters.
Charity Board
The church Charity Board consists of four members who were nominated by the Senior Pastor of Church & Chairman of the Charity Board. The church accounts are handled by the treasurer and all the transaction is made through Church Bank account. All Payments are made with Prior approval of Charity Board and each transaction is verified by the Chairman of Charity. The accounts are audited every year by Experienced auditor. Audited accounts statement is enclosed for your reference.
Charity and Mission Support in 2023:
Mission Support for Assam. West Bengal, Bihar, Uttar Pradesh, Uttarakhand, Himachal Pradesh, Gujarath, Maharastra, Madhya Pradesh and Nepal.
Medical supports for Cancer Patients /others
Educational Support
Local Charity Support.
Financial Review
Gross income for the year is 181,843. The resources expended are 148,765. Therefore the surplus for the year is 33,078.There is no fund in deficit.I hereby submit this report for your kind perusal.
On behalf of all trustees of Tabernacle Pentecostal Church
Pr Prince Prayson Chairman/ Church Minister
Independent examiner’s report to the trustees of Tabernacle Pentecostal Church
I report to the trustees on my examination of the accounts of the Tabernacle Pentecostal Church ('The Charity') for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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2 the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ken Blesson Vargis ACCA 7 Tydu View Rogerstone, Newport NP10 9BQ
| Charity Name Tabernacle Pentecostal Church |
Charity Name Tabernacle Pentecostal Church |
Charity Name Tabernacle Pentecostal Church |
Charity Name Tabernacle Pentecostal Church |
Charity Name Tabernacle Pentecostal Church |
No (if any) | No (if any) | No (if any) | CC16a | |
|---|---|---|---|---|---|---|---|---|---|
| For the period from |
Period start date 01/01/2023 |
To | Period end date 31/12/2023 |
||||||
| Section A Receipts and payments | |||||||||
| A1 Receipts | Unrestricted funds to the nearest £ |
Restricted funds to the nearest £ |
Endowme nt funds to the nearest £ |
Total funds to the nearest £ |
Last year to the nearest £ |
||||
Tithe and offering |
95,682 | - | - | 95,682 | 71,196 | ||||
| Donations | 58,831 | - | - | 58,831 | 48,618 | ||||
| Gift Aid Claim | 27,063 | - | - | 27,063 | 16,683 | ||||
| Interest Income | 267 | - | - | 267 | - | ||||
| Sub total(Gross income for AR) |
181,843 | - | - | 181,843 | 136,497 | ||||
| Total receipts A3 Payments |
|||||||||
| 136,497 | |||||||||
Donations to Mission stations |
17,977 | - | - | 17,977 | 18,133 | ||||
| Training,Events and conferences | 34,407 | 34,407 | 24,422 | ||||||
| Professional subscriptions | 726 | 726 | 480 | ||||||
| Accountancyfee | 125 | 125 | 125 | ||||||
| Bank charges | 111 | 111 | - | ||||||
| Sundryexpenses | 209 | 209 | 1,051 | ||||||
| Charitable donations | 24,243 | 24,243 | 16,445 | ||||||
| Allowance to church ministers | 9,170 | 9,170 | 10,200 | ||||||
| Travel and subsistance | 15,736 | 15,736 | 7,146 | ||||||
| PropertyMaintenance charges | 2,047 | 2,047 | - | ||||||
| Refreshments | 7,539 | 7,539 | 6,990 | ||||||
| Honorarium toguestpastors | 9,362 | 9,362 | 5,608 | ||||||
| Printingand stationary | 765 | 765 | 1,203 | ||||||
| CRB expenses | 291 | 291 | 206 | ||||||
| Rent | 19,707 | 19,707 | 8,405 | ||||||
| Office equipment | 2,820 | 2,820 | 2,467 | ||||||
| Telephone expenses | 838 | 838 | - | ||||||
| **Sub total ** | 146,075 | - | - | 146,075 | 102,883 | ||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| Sound system | 2,690 | 2,878 | |||||||
| Other equipments | - | 4,061 | |||||||
| **Sub total ** | 2,690 | 6,939 | |||||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||||
| 109,821 | |||||||||
| 33,078 | 26,676 | ||||||||
| - | - | ||||||||
| 47,573 | 20,898 | ||||||||
| 80,651 | 47,573 |
CCXX R7 accounts (SS)
29/02/2024
7
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Cash/cheques in hand Cash at bank Details Details Details Signature |
Unrestrict ed funds Restricted funds to nearest £ to nearest £ 50 - 80,601 - - - 80,651 - OK OK Unrestrict ed funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Pr. Prince Prayson Br. Santhosh P Kurian |
Endowment funds to nearest £ |
|---|---|---|---|
| 50 | |||
| 47,523 | |||
| - | |||
| 47,573 | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval | |||
| Pr. Prince Prayson | 29/02/2024 | ||
| Br. Santhosh P Kurian | 29/02/2024 |
CCXX R8 accounts (SS)
29/02/2024
8