Report of the Trustees
and
Unaudited Financial Statements for the Period ended 31[st] December 2024
For
Tabernacle Pentecostal Church
England and Wales
Charity number: 1176895
Tabernacle Pentecostal Church
Charity number: 1176895
Tabernacle Pentecostal Church
CONTENTS
| Trustees Annual Report | - | 3 – 5 |
|---|---|---|
| Independent Examiner’s Report | - | 6 |
| Receipts and Payment Account | - | 7 |
| Statement of Assets and Liabilities | - | 8 |
Tabernacle Pentecostal Church
Charity number: 1176895
Tabernacle Pentecostal Church
Trustees’ Annual Report
For the Year Ended 31 December 2024
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 : TPC Wentloog Rd,Rumney,Cardiff.CF3 3HD Telephone Number: 07417852001 Web: www.tpcwales.org
Trustees (Charity Board)
Pr Prince Prayson – Chairman Sajan Thomas - Trustee Sumoth Philip - Trustee Manoj Kuruvilla - Trustee Anil Varghese - Trustee Santhosh P Kurian - Treasurer
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.
Tabernacle Pentecostal Church
Charity number: 1176895
Tabernacle Pentecostal Church
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:
-
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
-
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 youth and 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.
Conduct Ladies' Fellowship meetings aimed at spiritual growth for women.
Men's gathering to foster leadership and strengthen faith
Dedicated times of fasting and prayer for spiritual renewal.
In-depth study of the Word of God for spiritual growth.
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 Sr 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.
Tabernacle Pentecostal Church
Charity number: 1176895
Tabernacle Pentecostal Church
Charity and Mission Support in 2024:
Mission Support for Assam. West Bengal, Bihar & Kerala
Medical supports
Education Support for Nursing (BSC) Student
Charity Support .
Spent £5982 for charitable activities .
Financial Review
Gross incoming resources including external borrowings for the year is £685,659. The resources expended are £740,928 (including the purchase of church building).
I hereby submit this report for your kind perusal.
On behalf of all trustees of Tabernacle Pentecostal Church
Pr Prince Prayson
Chairman/ Church Minister
Tabernacle Pentecostal Church
Charity number: 1176895
Independent Examiner's Report to the trustees of Tabernacle Pentecostal Church
(Charity number: 1176895)
I report on the accounts for the year ended 31st December 2024 set out on pages 7 and 8
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 43(2) of the Charities Act 1993(the 1993 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 43 of the 1993 Act
-
to follow the procedures laid down in the General Directions given by the Charity
Commission (under section 43(7)(b) of the 1993 Act); and
- to state whether particular matters have come to my attention.
Basis of the independent examiner’s report:
My examination was carried out in accordance with the General Directions given by the
Charity Commission. 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 of disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, 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 statements below.
Independent examiner’s statement:
In connection with my examination, no matter has come to my attention:
-
1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with section 41 of the 1993 Act: and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 1993 Act
have not been met or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mr Noble Dani George
Oasis Accountancy 41 Mayville Avenue Bristol BS34 7AB
Tabernacle Pentecostal Church
Charity number: 1176895
| TABERNACLE PENTECOSTAL CHURCH | TABERNACLE PENTECOSTAL CHURCH | TABERNACLE PENTECOSTAL CHURCH | TABERNACLE PENTECOSTAL CHURCH | TABERNACLE PENTECOSTAL CHURCH | CC16a | |
|---|---|---|---|---|---|---|
| Receipts and payments accounts | ||||||
| For the period | Period start | |||||
| 01/01/2024 | To | 30/12/2024 | ||||
| Section A Receipts and payments | ||||||
| Unrestricted funds |
Restricted funds |
Endowmen t funds |
Total funds | Last year | ||
| to the nearest £ | to the nearest £ |
to the nearest £ |
to the nearest £ | to the nearest £ | ||
| A1 Receipts | ||||||
| Tithe & Offering | 117,540 | - | - | 117,540 | 95,682 | |
| Donations | 42,294 | 101,220 | - | 143,514 | 58,831 | |
| Gift aid | 32,996 | - | - | 32,996 | 27,063 | |
| Interest | - | - | - | - | 267 | |
| Other grants | 8,249 | - | - | 8,249 | - | |
| Sub total _(Gross income for AR) _ | 201,079 | 101,220 | - | 302,299 | 181,843 | |
| A2 Asset and investment sales | ||||||
| External funds | 360,150 | - | 360,150 | |||
| Member loans | - | 23,210 | - | 23,210 | - | |
| Sub total | - | 383,360 | - | 383,360 | - | |
| **Total receipts ** | 201,079 | 484,580 | - | 685,659 | 181,843 | |
| A3 Payments | ||||||
| Donations to Mission Stations | 13,009 | - | - | 13,009 | 17,977 | |
| Training,Events and Conferences | 28,529 | - | - | 28,529 | 34,407 | |
| Membership & Subscriptions | 630 | - | - | 630 | 726 | |
| Accountancy | - | - | - | - | 125 | |
| Bank charges | 156 | - | - | 156 | 111 | |
| Sundry Expenses | 100 | - | - | 100 | 209 | |
| Charity Donations | 5,982 | - | - | 5,982 | 24,243 | |
| Allowance to Church ministers | 14,055 | - | - | 14,055 | 9,170 | |
| Travel and subsistence | 2,243 | 2,243 | 15,736 | |||
| Property Maintenance charges | 6,098 | 6,098 | 2,047 | |||
| Refreshments | 24,619 | - | - | 24,619 | 7,539 | |
| Honorarium to visiting preachers | 13,797 | - | - | 13,797 | 9,362 | |
| Printing & Stationery | 1,817 | - | - | 1,817 | 765 | |
| CRB Expenses | 468 | - | - | 468 | 291 | |
| Rent | 14,063 | - | - | 14,063 | 19,707 | |
| Office Equipments | 1,235 | 1,235 | 2,820 | |||
| Telephone & Internet | 179 | - | - | 179 | 838 | |
| Mortgage interest | 14,813 | - | - | 14,813 | ||
| Others repayments and finance charges | 17,529 | 17,529 | ||||
| **Sub total ** | 159,322 | - | - | 159,322 | 146,075 | |
| A4 Asset and investment purchases, (see table) |
- | - | - | |||
| Assetpurchase | ||||||
| Building | - | 514,500 | 514,500 | |||
| Building additions | 49,373 | 49,373 | ||||
| Sound System | 7,476 | - | - | 7,476 | ||
| Furnitures & Other equipments | 10,257 | - | - | 10,257 | 2,690 | |
| **Sub total ** | 17,733 | 563,873 | - | 581,606 | 2,690 | |
| **Total payments ** | 177,055 | 563,873 | - | 740,928 | 148,765 | |
| Net of receipts/(payments) | 24,023 | (79,293) | - | **(55,270) ** | 33,077 | |
| A5 Transfers between funds | (79,293) | 79,293 | - | - | - | |
| A6 Cash funds lastyear end | 80,651 | - |
- | 80,651 | 47,573 | |
| Cash funds this year end | 25,381 | - |
- | 25,381 | 80,651 |
Tabernacle Pentecostal Church Charity number: 1176895
| Section B Statement of assets and liabilities | Section B Statement of assets and liabilities | Section B Statement of assets and liabilities | |||
|---|---|---|---|---|---|
| Categories | Details | Unrestricte d funds |
Restricted funds |
Endowment funds |
|
| to nearest £ | to nearest £ | to nearest £ | |||
| B1 Cash funds | Cash/ Cheques in hand | 546 | - | - | |
| Cash at bank | 24,835 | - | - | ||
| Other debtors | - | - | - | ||
| Total cash funds | 25,381 |
- | - | ||
| (agree balances with receipts and payments account(s)) |
OK |
OK | OK | ||
| Unrestricte | Restricted funds |
Endowment funds |
|||
| Details | to nearest £ | to nearest £ | to nearest £ | ||
| B2 Other monetary assets | - | ||||
| - | - | ||||
| - | - | - | |||
| Details | Fund to which asset belongs |
Cost (optional) |
Current value (optional) |
||
| B3 Investment assets | - | - | |||
| - | - | ||||
| Details | Fund to which asset belongs |
Cost (optional) |
Current value (optional) |
||
| B4 Assets retained for the charity’s own use |
Sound System | Unrestricted Fund |
7,476 | 7,476 | |
| Furnitures | Unrestricted Fund |
10,257 | 10,257 | ||
| Building | Restricted Fund |
514,500 | 563,873 | ||
| 532,233 | 581,606 | ||||
| Details | Fund to which liability relates |
Amount due (optional) |
When due (optional) |
||
| B5 Liabilities | Mortgage | Restricted Fund |
358,715 | ||
| - | |||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval |
||
| Pastor.Prince Prayson | 24/02/2025 | ||||
| Santhosh P Kurian | 24/02/2025 |
Tabernacle Pentecostal Church Charity number: 1176895