## **APOSTOLIC EVANGELICAL MINISTRY**
## **TRUSTEES’ REPORT AND STATEMENT OF ANNUAL ACCOUNTS FOR THE YEAR ENDED 31[st] DECEMBER 2021**
1
|**APOSTOLIC EVANGELIC MINISTRY**||
|---|---|
|**Contents:**|Page|
|Charity Information|3|
|Trustees’ annual report|4|
|Independent Examiner’s report|6|
|Annual accounts:||
|Income and Expenditure account|8|
|Balance Sheet|9|
|Notes to the accounts|10-11|
2
## **CHARITY INFORMATION AS AT 31[ST] DECEMBER 2021**
Trustees: Pastor Martin Bantamoi Christiana Sesay Michael Bangura
Charity registered number: 1177758
Registered Address:
Flat 14 Mellor House Kingswood Estate London, SE21 8PU
Independent Examiner: USK ACCOUNTING SOLUTION LTD 69 Mercer Court 6 Candle Street London E1 4SF
3
## **APOSTOLIC EVANGELICAL MINISTRY TRUETEE’S REPORT FOR THE YEAR ENDED 31[st] DECEMBER 2021**
## **Organisation and management**
- The overall management of the charity is the responsibility of the trustees who are elected and co-opted under the terms of the trust deed.
- Day to Day project activity of the charity is managed and carried out by the volunteers.
## **Aims and Objectives**
- The advancement of Christian faith
- Employing diverse ways of teaching and educating members on the knowledge of God
- To give Christian care and welfare to all members of the community as necessary
- Working with other charities, organisations and churches in the organisation and support of events with similar Christian objectives
## **The principal objects of the charity include:**
- The advancement of Christian faith worldwide
- The relief of sickness, financial hardship and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support
- The advancement of education in such ways in the United Kingdom as the trustees from time to time may think it fit.
## **Volunteers/workers**
- The charity has a very dedicated volunteers/workers team.
- We’re committed to training and development of these volunteers to enhance their performance.
## **Achievements in the year**
The charity carried out major activities to further its objectives and they include:
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- The charity offered help and connected with other charities nationally and internationally in accordance with the objectives of the charity
- A lot of programmes and events were organised during the year to promote Christian faith
- City wide Evangelistic outreaches
- Monthly street Outreaches
- Weekly church services, prayer meetings and bible study
## **Governing Document**
Apostolic Evangelical Ministry is a registered charity, governed by a trust deed.
## **Review of financial position**
The Charity financial statement has been prepared in accordance with the requirements of the Statement of Recommended Practice (SORP), 2005.
For the financial year ended 31st December 2021, total income resourses amounted to £13,443 and includes the total of tithes and offering, and donations from members. This was mainly spent in the fulfilment of the charity’s day to day activities and total expenditure amounted to £14,695. Surplus of income over expenditure for the year ended 31[st] December 2021 amounted to a deficit of £1,252 and a cash balance of £195.
## **Statement of Trustees’ responsibilities**
In accordance with Charity law, the Trustees are responsible to prepare financial statements for each financial year. And also, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities’ SORP 2005.
- make judgments and accounting estimates that are reasonable and prudent;
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- state whether applicable UK Accounting Standards (FRS 102) 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.
Furthermore, the Trustees are responsible for keeping adequate accounting records that are sufficient for disclosure with reasonable accuracy at any time the financial position of the Charity hence they are expected to take reasonable steps in ensuring safeguarding of the Charity’s assets and the prevention and detection of fraud and other irregularities.
The accounts were approved by the Board of Trustees and signed on behalf of the Board by:
…mbantamoi………………
Pastor Martin Bantamoi
(Trustee)
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## **Independent Examiner Report**
The Accountant reports the financial statements for the year ended 31[st] December 2021 as set out in the pages below. This report is made solely to the Charity’s Trustees, as a body.
## **Responsibilities of trustees and examiner**
The charity’s trustees seek exemption from an audit for this financial statement (under section43 (2) of the Charity Commission (under section 43(7) (b) of the Act), and to state whether particular matters have come to our attention.
## **Basis of Independent examiner’s report**
The Accountant examined the Charity’s financial activites in accordance with SORP’s 2005. This includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. Disclosure and explanations were also requested with regards to any unsual items.
## **Independent examiner’s statement**
The Accountant has prepared, without carrying an audit, the Charity’s Income & Expenditure Account and Balance Sheet from the records and information supplied in accordance with the instructions given to us by the Pastor. The account is in agreement with the underlying records and information therewith.
## ………………………………
Umaru S Kabba
USK ACCOUNTING SOLUTION LTD
(Chartered Certified Accountants)
69 Mercer Court
6 Candle Street
London
E1 4SF
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## **APOSTOLIC EVANGELICAL MINISTRY INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31ST DECEMBER 2021**
|**APOSTOLIC EVANGELICAL MINISTRY**
**INCOME AND EXPENDITURE ACCOUNT**
**FOR THE PERIOD ENDED 31ST DECEMBER 2021**||
|---|---|
|Notes
**RECEIPT OF INCOME**:
Church services
1
Donation
Total receipt of income
**LESS EXPENDITURE:**
2
Admin cost
Rent
Depreciation
Accountant Fee
Total expenses
**SURPLUS OF INCOME OVER EXPENDITURE**|**2021**
**2020**
₤
Unrestricted
fund
Unrestricted
fund
**3,445**
1,554
**9,998**
-|
||**13,443**
1,554
**13,968**
824
**380**
500
**227**
239
**120**
250|
||**14,695**
1,813
**-1,252**
-259|
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## **APOSTOLIC EVANGELICAL MINISTRY**
## **BALANCE SHEET FOR THE PERIOD ENDING 31ST DECEMBER 2021**
|Notes
Non- Current Asset
3
Less depreciation
CURRENT ASSET
Bank and cash balance
4
NET ASSET
FINANCE BY:
5
Accumulated Fund
Surplus for the year ending|**2021**
2020
₤
**4,529**
4,768
**463**
239|
|---|---|
||**4,066**
4,529
**195**
984|
||**4,261**
5,513
**4261**
5,513
**5,513**
5,772
**-1,252**
-259|
||**4,261**
5,513|
Approved by the Board of Trustees on 31[st] December 2021 and signed on its behalf by:
## **M Bantamoi Pastor**
**……………………………… …………………………………** Name Position
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## **APOSTOLIC EVANGELICAL MINISTRY NOTES TO THE INCOME AND EXPENDITURE ACCOUNT AND BALANCE SHEET FOR THE YEAR ENDED 31[ST] DECEMBER 2021**
## **Accounting Policy**
The accounts have been prepared in accordance with the requirements of the 2005
Statement of Recommended Practice (SORP).
## **Depreciation policy**
The Charity applied 5% depreciation on all its assets for this reporting period.
## **Income**
All incomes in Notes 1 in the accounts come from offerings, tithes and donations from members.
|**1. Receipts**
Church collection
Donation
**2. Expenditure**
Rent/ Hall Hire
Stationery and printing
Travel and subsistence
Accountant fees
Telephone
welfare & loan & gift
Sundry expenses
Depreciation
Equipment maintenance
Toiletries
Publicity
Delivery Driver
Volunteers
Supply of food items
Counselling fees|**2021**
**2020**
£
£
3,445
1,554
9,998|
|---|---|
||**13,443**
**1,554**
**2021**
**2020**
£
£
380
500
120
100
200
-
120
250
350
330
400
344
120
50
227
239
1,500
-
378
1,400
2,000
1,000
5,500
1,000|
||**14,695**
**1,813**|
10
|**3. Non current asset**
Printer
Set of mics
Mic Stands
Key boards
The pulpit
Demarcation materials
Recorder
Projector
Storage and trunk boxes
Chair covers
Banners
Amplifier
Laptop
Children equipment
Depreciation
charge
Net book Value
**4. Cash balance**
**5. Finance by:**
Accumulated fund
(Deficit)/surplus|**2021**
**2020**
114
120
276
290
190
200
855
900
428
450
169
178
190
200
950
1,000
190
200
304
320
143
150
238
250
333
350
152160|
|---|---|
||**4,532**
**4,768**
**227**
**239**|
||**4,066**
**4,529**|
||**195**
**984**
**2021**
**2020**
5,513
5,722
-1,252
-259|
||**4,261**
**5,513**|
11
|
**APOSTOLIC EVANGELICAL MINISTRY**
**Income and Expenditure**
**as at 31 December 2021**
**Notes**
**Income**
1
**Gross Income**
Administrative expenses
2
**Surplus/(deficit)**
Tax
**Surplus/(deficit)**|**2021**
**£**
13,443|
|---|---|
||13,443|
||(14,695)|
||**(1,252)**
-|
||**(1,252)**|
## **APOSTOLIC EVANGELICAL MINISTRY Registered number: EW10265 Balance Sheet as at 31 December 2021**
|**Notes**
|**2021**|
|---|---|
||**£**|
|**Fixed assets**|4,066|
||**4,066**|
|**Current assets**||
|**Cash at bank and in hand**
|195|
|**Net Current Assets and Liabilities**
|**195**|
|**Total assets less current liabilities**
|**4,261**|
|**Net Assets**
|**4,261**|
|**Capital and reserves**||
|**Profit and loss account**
|5,513|
||(1,252)|
|**Shareholders' funds**|**4,261**|
|Thedirectors are satisfied that the company is entitled to exemption from the||
|requirement to obtain an audit under section 477 of the Companies Act 2006.||
## _**M Bantamoi**_
Director Approved by the board on 23 March 2022
## **APOSTOLIC EVANGELICAL MINISTRY**
Detailed Profit and Loss Account for the year ended 31 December 2021 This schedule does not form part of the statutory accounts
|**Income**
**Collections and donations**
**Premises costs:**
Rent
**General administrative**
**expenses:**
Stationery and printing
Travel and subsistence
Accountant fees
Telephone
welfare & loan & gift
Sundry expenses
Depreciation
Equipment maintenance
Toiletries
Publicity
Delivery Driver
Volunteers
Supply of food items
Counselling fees|**2021 **
**£**
13,443|
|---|---|
||13,443|
||500
120
200
120
350
400
120
227
1,500
378
1,400
2,000
1,000
5,500
1,000|
**14,695**