Charity Number 1180774
## **CHAPEL OF HIS GLORY UK**
## **TRUSTEES’ REPORT AND ACCOUNTS**
**30 SEPTEMBER 2021**
## **CHAPEL OF HIS GLORY UK**
## **Financial statement**
## **For the year ended 30th September 2021**
|**Contents**|Page|
|---|---|
|Reference and administrative details|3|
|Report of the trustees|4|
|Statement of financial activities (incorporating the income and expenditure
account)|7|
|Balance sheet|8|
|Notes to the accounts|9|
2
## **CHAPEL OF HIS GLORY UK Reference and administrative details For the year ended 30th September 2021**
|Charity Number|1180774|
|---|---|
|Registered Address|36 Cobden Street
Manchester|
||M9 4DZ|
|Trustees|Trustees, who are also directors under company|
||law, who served during the year were as follows:|
||Pastor Elijah Oluwasanmi Oluga –_Chair of Trustees_|
||Mathew Kashman Oluwatosin Oyeneye|
||Pastor Emmanuel Olatunde|
||Mrs Gloria Abiola Oluga|
|Accountants|**BC NWAIWU & CO LTD**|
||Building 1 Suit 4A Office 6|
||Wilsons Park Business Centre|
||Manchester|
||M40 8WN|
|Bankers|**Barclays Bank Plc**|
||Leicester|
||Leicestershire|
||LE87 2BB|
3
## **CHAPEL OF HIS GLORY UK**
## **Report of the trustees**
## **For the year ended 30th September 2021**
## **About us**
Chapel of His Glory UK is a faith-based charity that advances the Christian religion mainly, but not exclusively, by means of broadcasting Christian messages of an evangelistic and teaching nature for the benefit of the public through the holding of prayer meetings, lectures, public celebration of religious festivals, producing and/or distributing literature on Christian religion to enlighten others about the Christian religion.
We promote social inclusion for the public benefit by working with people who are socially excluded, to relieve the needs of such people and assist them to integrate into society, through the provision of a local network group that encourages and enables those who are socially excluded to participate more effectively within the wider community and by increasing, or co-ordinating, opportunities to engage with service providers, to enable those providers to adapt services to better meet the needs of that community.
Our social inclusion programme also supports refugees and asylum seekers who are socially excluded on the grounds of their social and economic position, by providing:
1. education and training in the English language and in vocational skills;
2. social and recreational facilities and events involving the local community.
3. items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.
## **Trustees**
The following person served as trustees during the period:
Pastor Elijah Oluwasanmi Oluga – _Chair of Trustees_
Mathew Kashman Oluwatosin Oyeneye
Pastor Emmanuel Olatunde
Mrs Gloria Abiola Oluga
## **Statement of responsibilities of the trustees**
The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
4
## **CHAPEL OF HIS GLORY UK**
## **Report of the trustees**
## **For the year ended 30th September 2021**
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Statement of Recommended Practice applicable to charities in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102). 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.
Each of the persons who is a trustee at the date of approval of this report confirms that:
- so far as each of the trustee is aware, there is no relevant material information of which the charity’s accountants are unaware; and
- each trustee has taken all steps that they ought to have taken to make themselves aware of any relevant material information and to establish that the accountants are aware of that information.
- Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up.
Approved by the trustees on October 13, 2021 and signed on their behalf by
**Pastor Elijah Oluwasanmi Oluga** Chair of Trustees
5
## **CHAPEL OF HIS GLORY UK**
## **Accountants' Report**
## **Accountants' report to the board of trustees on the preparation of the unaudited statutory accounts of Chapel of His Glory UK for the period ended 30th September 2021.**
In order to assist you to fulfil your duties under the Charity Act 2011, we have prepared for your approval the accounts of Chapel of His Glory UK for the period ended 30th September 2021 which comprise of the Statement of financial activities (incorporating income & expenditure account), the Balance Sheet and the related notes from the charity’s accounting records and from information and explanations you have given us.
This report is made solely to the Trustees of Chapel of His Glory UK, as a body, in accordance with the terms of our engagement letter dated 19[th] November 2020. Our work has been undertaken solely to prepare for your approval the accounts of Chapel of His Glory UK and state those matters that we have agreed to state to the Trustees of Chapel of His Glory UK, as a body, in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Chapel of His Glory UK and its Trustees as a body for our work or for this report.
It is your duty to ensure that Chapel of His Glory UK has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position of Chapel of His Glory UK. You consider that Chapel of His Glory UK is exempt from the statutory audit/independent examination requirement for the period.
We have not been instructed to carry out an audit/independent examination or a review of the accounts of Chapel of His Glory UK. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
**BC NWAIWU & CO LTD** Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN
## **Date: October 13, 2021**
6
## **CHAPEL OF HIS GLORY UK**
## **Statement of financial activities (incorporating income & expenditure account) For the year ended 30th September 2021**
|Note
**Income:**
Income from charitable activities:
_Operation of the charity_
2
Income from other activities:
_Other charity activities_
3
**Total income**
**Expenditure:**
_Expenditure on charitable activities:_
Expenses on operation of the charity
4
_Costs of raising funds:_
Other charitable activities
**Total expenditure**
**Net income/(expenditure) and net**
**movement in funds for the year**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|30 September
2021
**£**
3,522
-
**3,522**
(931)
-
**(931)**
2,591
13,149
**15,740**|30 September
2020
**£**|
|---|---|---|
|||1,515
-|
|||**1,515**|
|||(150)
-|
|||**(150)**|
|||1,365
11,784|
|||**13,149**|
_**Previously unrecognised income of £487 for the year ended 30 September 2020 has been recognised and brought into the same period.**_
_The notes on pages 9 to 12 form part of these financial statements_
7
## **CHAPEL OF HIS GLORY UK**
## **Balance Sheet**
## **As at 30th September 2021**
|Note
Fixed assets
Tangible assets
Current assets
Cash at bank and in hand
6
Debtors
Creditors: amounts falling due within
one year
7
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
one year
Total assets
Funds
Unrestricted funds
Restricted funds
Total funds|2021
£
15,940
-
15,940
(200)|2021
£
-
-
15,740
15,740
-
15,740
15,740
-
15,740|2020
£
-|
|---|---|---|---|
||||-
13,299
-|
||||13,299
(150)|
||||13,149|
||||13,149
-|
||||13,149|
||||13,149
-|
||||13,149|
The trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an audit/independent examination under section 144(2) of the Charities Act 2011 (the 2011 Act).
The trustees of the charity have not required the charity to obtain an independent examination in accordance with section 144(2) of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Charity Act 2011 with respect to accounting records and the preparation of accounts.
Approved by the trustees on October 13, 2021 and signed on their behalf by:
**Pastor Elijah Oluwasanmi Oluga** Chair of Trustees
_The notes on pages 9 to 12 form part of these financial statements_
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## **CHAPEL OF HIS GLORY UK Notes to the financial statements**
## **For the year ended 30th September 2021**
## **1 Accounting Policies**
## _**Accounting conventions**_
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.
Chapel of His Glory UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## _**Incoming resources**_
All incoming resources are included in the SOFA when the charity is legally entitled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. In accordance with the SORP, no value has been attributed to the work performed by volunteers, although their work is considered vital to the activities of the charity.
## _**Tithe, Regular offering and Donations**_
Tithe, Regular offering and Donations consist of the total tithe, regular offering and donations from members of the church and other members of the public along with income from fundraising events.
## _**Company status**_
The charity is a charitable Incorporated Organisation (CIO). The members of the charity are represented by the trustees named on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
## _**Resources expended**_
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are those incurred in seeking voluntary income and do not include the costs of disseminating information in support of the charitable activities.
## _**Gift aid**_
Gift Aid tax reclaims is recognised for any Gift Aid certificates received up to two months after the year-end, in relation to donations made prior to the year-
9
## **CHAPEL OF HIS GLORY UK Notes to the financial statements**
## **For the year ended 30th September 2021**
end, where the Gift Aid tax reclaim application was filled to HMRC prior to the year-end.
In many cases, costs are incurred on projects before the relevant restricted income is received. Therefore, unless contrary to a donor’s wishes, interest income generated from restricted funds is treated as unrestricted, to cover the pre-financing costs incurred.
|2
Operation of the charity
Tithe offering
Regular offering
Donations
3
Other charity activities
Charitable sales
Bank interest
Other income
4
Expenses on operation of the charity
Accommodation and rent
Governance cost
Professional fees|30 September
2021
£
1,835
1,687
-
3,522
30 September
2021
£
-
-
-
-
30 September
2021
£
731
-
200
931|30 September
2020
£|
|---|---|---|
|||-
1,028
487|
|||1,515|
|||30 September
2020
£|
|||-
-
-|
|||-|
|||30 September
2020
£|
|||-
-
150|
|||150|
10
## **CHAPEL OF HIS GLORY UK**
## **Notes to the financial statements For the year ended 30th September 2021**
|5
Tangible fixed assets
Cost
Balance B/F
Additions
Disposals
Revaluations
Transfers
Depreciation
Charge for the year
On disposals
Net book value
6
Cash at bank and in hand
Bank
Cash
7
Creditors
Accountancy fees
Total creditors|30 September
2021
£
-
-
-
-
-
-
-
-
-
-
30 September
2021
£
15,940
-
15,940
30 September
2021
£
200
200|30 September
2020
£|
|---|---|---|
|||-
-
-
-
-|
|||-|
|||-
-|
|||-|
|||-|
|||30 September
2020
£|
|||13,299
-|
|||13,299|
|||30 September
2020
£|
|||150|
|||150|
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## **CHAPEL OF HIS GLORY UK**
## **Notes to the financial statements For the year ended 30th September 2021**
**----- Start of picture text -----**
30th September 30 September
8 Debtors
2021 2019
£ £
Grant debtors - -
- -
Prepaid Rent - -
Prepaid Insurance
- -
Prepaid Certificate Awards
- -
Others Debtors - -
Total debtors - -
**----- End of picture text -----**
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