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2021-03-31-accounts

Company No: CE013415 Registered Charity Number: 1177383

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

COUNCIL OF MANAGEMENT AND TRUSTEES REPORT AND ACCOUNTS

For the Year ended 31st March 2021

·,

Et Voila Accountancy Services Limited

Accountants and Charity Independent Examiners Isis House, Smith Road, Wednesbury West Midlands, WS10 0PB

Company No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

ANNUAL REPORT AND ACCOUNTS
For the year ended 31st March 2021
Contents
Page
AnnualReport of Management Board 1
Independent Examiners Report 6
Statementof Financial Activities 7
BalanceSheet 8
Notes forming part of the financial statement 10 to 14

2

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

REPORT OF THE TRUSTEES For the Year Ended 31 March 2021

OBJECTS AND POLICIES

The Charity’s main objectives is to promote the gospel of Jesus Christ and facilitate regular worship services. In order to do this, regular activities are carried out and invitations given out to the public.

The charity endeavours to send and support missionary workers locally and overseas. Our aim is to make a positive and lasting contribution to our local community, with greater emphasis on the family unit, on our Youth, disadvantaged and the Elderly.

ACHIEVEMENT AND PERFORMANCE

This year, due to national lockdowns and pandemic challenges, we had to shut down our weekly and regular activities in compliance with government regulations. As most other charities like ours did, we resolved to using online videos to conduct our weekly worship services. This was a new territory and it took a while getting used to as it had it's own challanges.

What became obvious and commendable is the resolve, character and commitment that our congregation displayed during the lockdowns. Their faithfulness to continue supporting financially and tunning in on our youtube channel whenever it was on can only be attributed to the power of the shared vision we have. The strength of a vision is tested during difficult times, and this last year has shown that our vision is indeed powerful.

During the pandemic our congragants found ways to help those around them that where less prvilged and needy by doing grocery shopping for them, running errands, calling and engaging the lonely in zoom meetings where possible, helping the sick in hospitals…etc all whilst observing strict covid-safe rules.

PLANS FOR THE FUTURE

As Covid is still with us and as a result, a measure of uncertainty about the future, we are however making plans to resume full operations as we seek to continue to fulfill our charity's aims and objectives. Obviously subject to government covid advice.

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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

REPORT OF THE TRUSTEES For the Year Ended 31 March 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The charity was registered on 1 March 2018 as a CIO and it’s controlled by it’s governing document (constitution).

Trustees

The trustees namely; Pastor Success Adeshida (chairman), Sylvester Narh and Juvencio Da-Silva have served throughout the year. Appointment of trustees is governed by the Constitution of the Charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies through resignation or death of an existing trustee.

FINANCIAL REVIEW

  1. Finances are raised purely by voluntary donations from church parishioners. 2 Although eligible, the charity has not yet made any gift aid application. The trustees have agreed that such application will be made this year.

Reserves policy

The Charities restricted funds held in reserve for any unforeseen circumstances are adequate. The trustees are satisfied that these reserves are maintained at an appropriate and satisfactory level.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number

1177383

Principal Address

304 Bensham Lane Croydon CR7 7EQ

Trustees

Pastor Success O. Adeshida (chairman) Sylvester Narh Juvencio Da-Silva

Independent Examiners

Et Voila Accountancy Ltd Isis House, Smith Rd, Wednesbury WS10 0PB Bankers

Barclays Bank 1 North End Croydon CR9 1SX

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POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

REPORT OF THE TRUSTEES For the Year Ended 31 March 2021

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the 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, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial 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, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

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 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.

Approved by order of the board of trustees on 29 January 2022 and signed on its behalf b

------------------------------------------Pastor Success Adeshida - Trustee

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INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

I report on the accounts for the year ended 31 March 2021 set out on pages seven to twelve

Respective responsibilities of trustees and examiner

The charity's trustees (who are the directors for the purposes of company law) 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(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. The charity's gross income was around £250,000 and I am qualified to undertake the examination by being a qualified member of CIMA.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, 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 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 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 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 b l

Independent Examiner's statement

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

have not been met; or

Sally J Wainwright ACMA

ET Voila Accountancy Services Limited, Isis Business Centre, Smith Road, Wednesbury, WS10 0P

28th January 2022

6

Compa ny No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2021

----- Start of picture text -----
2021 2020
£ £
Notes Unrestricted Funds Unrestricted Funds
INCOMING RESOURCES
Incoming Resources from Generated Funds
Voluntary Income 212,005 234,617
Activities for generating funds
Investment Income 2 14 65
Incoming Resources from charitable activities
Income Directly Allocated to Activities
Total incoming resources 212,019 234,682
RESOURCES EXPENDED
Charitable Activities
Costs Directly Allocated to Activities 207,177 251,781
NET INCOMING RESOURCES 4,842 (17,099)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD 4,842 (17,099)
----- End of picture text -----

7

Compa ny No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

Note
Tangible Assets
6
CURRENT ASSETS
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
7
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
FUNDS
Unrestricted funds
TOTAL FUNDS
BALANCE SHEET
AT 31 March 2021
FIXED ASSETS		 2021
£
4,770
29,120
29,120
8,281 )

20,839
25,609
25,609
25,609		 2020
£
5,131
21,404
( ( 21,404
5,768 )
15,636
20,767
20,767
20,767

8

Compa ny No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

BALANCE SHEET AT 31 March 2021

The charitable company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for:-

These financial statements have been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Trustees on 28 January 2022 and were signed on its behalf by:-

Trustee Pastor Success Adeshida

9

Compa ny No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2021

1 ACCOUNTING POLICIES

Accounting Convention

The financial Statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities

Incoming resources

All incoming resources are included on the statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources Expended

Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all cost related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible Fixed Assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

25% Reducing Balance

Taxation

The charity is exempt from corporation tax on it's charitable activities

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees

Restricted funds can only be used for particular restricted purposes within the object of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements

10

Compa ny No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2021

2 ACTIVITIES FOR GENERATING FUNDS

Investment Income
3
NET INCOMING / (OUTGOING) RESOURCES
Net resources are stated after charging/(crediting):
Depreciation - owned assets		 2021
£
14
14
2021
£
1,590
1,590		 2020
£
65
65
2020
£
1,711
1,711

4 TRUSTEES REMUNERATION AND BENEFITS

There were trustees' remuneration and expenses for the year ended 31 March 2021

Trustee's expenses

There were trustees' expenses paid to Pastor Success Adeshida for the year ended 31 March 2021

Hall Items
Salary
Home Rent & Council tax
Car Allowance
Additional Pastor Costs		 -
19,200
20,800
20,922
23,075
3,841
3,770
1,061
928
45,024
48,573

These expenses allow the pastor to perform his duties. Car allowance is due to visiting members of the congregation and the house is also used for counsel and administration.

2021
£
5
STAFF COSTS
Wages and salaries
42,519
No employees received emoluments in excess of £40,000
The average monthly number of employees during the year was as follows:		 2020
£
20,800

2021 2020 2 1

11

Compa ny No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2021

Plant and
machinery
etc.
£
6 TANGIBLE FIXED ASSETS
COST
At 1 April 2020 7,539
Additions 1,229
At 31 March 2021 8,768
DEPRECIATION
At 1 April 2020 2,408
Charge for year 1,590
As at 31 March 2021 3,998
NET BOOK VALUE
At 31 March 2020 5,131
At 31 March 2021 4,770
7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Net Wages 3,531
Pensions 1,975 1,002
PAYE 2,075 4,066
Accruals 700 700
8,281 5,768
8 MOVEMENT IN FUNDS
Net Movement
At 1.4.20 in funds At 31.3.21
Unrestricted Funds £ £ £
General Funds 20,767 4,842 25,609
TOTAL FUNDS 20,767 4,842 25,609

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Company No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2021

INCOMING RESOURCES
Voluntary Income
Pledges
Tithe
General Offerings
World Evangelism
Giving
Harvester
Donation - support from Mother Church
Investment Income
Interest Received
Incoming Resources from Charitable Activities
Total Incoming Resources
RESOURCES EXPENDED
Charitable Activities
Revival Expenses
Out Reach & Impact Team
Hospitality
Tithe
Love Offering
Purchases to make Church COVID safe
Monthly Support
World Evangelism
Children Church
Purchases for Church Activities
Hall Hire
Benevolence
Conferences & Seminars
Car Hire for activities		 2021
2020
£
£
8,046
5,447
145,389
65,127
50,206
153,089
8,354
2,101
10
350
8,503
-
-
212,005
234,617
14
65
-
-
212,019
234,682
404
18,146
929
2,833
1,788
2,425
18,633
15,834
6,048
-
958
3,677
340
14,433
26,007
119
1,029
7,864
2,112
338
58
150
2,735
18,782
2,060
57,646
90,056

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Company No: CE013415

POTTERS HOUSE CHRISTIAN FELLOWSHIP UK SURREY CHURCH

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 March 2021

Support Costs
Management
Hall Items
Employers NI
Salary
Bonus
Home Rent & Council tax
Car Allowance
Additional Pastor Costs
Other
Staff Wages
Subcontractors
Advertising
Travel Expenses
Utilities
General Rates
Printing, Stationary
Accountancy
Legal and Professional Fees
Equipment Hire
Software
Repairs and Renewals
Cleaning
Premises Expenses
Bank Charges
Subscriptions
Training
Refreshments
Depreciation
Rent
Insurance
Total resources expended
Net Income		 4,147
19,200
1,000
20,922
3,841
1,061
50,171
23,319
739
710
12,480
255
388
852
34
504
3,612
4,294
4,304
30
722
65
1,590
45,000
462
99,360
207,177
4,842		 347
1,459
19,952
19,495
3,480
3,145
47,878
13,834
3,246
3,340
10,400
450
933
872
2,574
442
8,764
4,916
9,259
131
150
706
250
1,711
49,650
2,219
113,847
251,781
17,099 )
(

14