Charity Number 1180774
## **CHAPEL OF HIS GLORY UK**
**TRUSTEES’ REPORT AND ACCOUNTS**
**CHAPEL OF HIS GLORY UK**
**3**
## **30 SEPTEMBER 2023**
## **Financial statement For the year ended 30th September 2023**
|**Contents**Page Reference and administrative details|3|
|---|---|
|Report of the trustees|4|
|Accountants' Report|6|
|Income statement|7|
|Statement of financial position|8|
Notes to the accounts 9
## **CHAPEL OF HIS GLORY UK Reference and administrative details For the year ended 30th September 202**
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
2
Bankers
**3 Barclays Bank Plc** Leicester Leicestershire LE87 2BB
## **Report of the trustees For the year ended 30th September 202**
## **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 coordinating, 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.
3
**CHAPEL OF HIS GLORY UK**
**3**
## **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;
- 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.
## **CHAPEL OF HIS GLORY UK For the year ended 30th September 202**
## **Report of the trustees**
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 2019) - (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 31, 2023 and signed on their behalf by
4
**3**
**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 2022.**
In order to assist you to fulfil your duties under the Charity Act 2022, we have prepared for your approval the accounts of Chapel of His Glory UK for the period ended 30th September 2022 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 dated 30[th] October 2023. 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 31, 2023**
6
## **CHAPEL OF HIS GLORY UK**
## **30th September 2023**
|**Income statement**
**For the year ended**
Note
**Income from:**
_Donations and legacies_
2
Charity activities
3
**Expenditure on:**
Charitable activities
4
_Costs of raising funds_
Other charitable activities
**Total income**
**Total expenditure**
**Net income/(expenditure) for the year**
Transfer between funds
Net movement in funds for the year
**Reconciliation of funds**
Total funds brought forward|30 September
2023
**£**
1,964
50
2,081
-
~~**2,081**~~
(67)
-
~~(67)~~
15,740
**2,014**|30 September
2022
**£**
1,920
50
1,252
-
~~**1,252**~~
718
-
~~718~~
15,740
**1,970**|
|---|---|---|
7
**CHAPEL OF HIS GLORY UK Total funds carried forward**
**15,673**
**16, 458**
|_The notes on pages 9 to 13 form part of these fnancial statements_
**Statement of financial position**
**As at 30th September 2023**
**Note**
**2023**
£
£
**Fixed assets**
Tangible assets
6
-
-
**Current assets**
Cash at bank and in hand
7
16,542
16,608
Debtors
8
-
-
**Creditors:**_amounts falling due after_
_one year_
10
-
**Net current assets**
**Total assets less current liabilities**
**Total assets**
~~**16,392**~~
**16,45**
**Funds**
Unrestricted funds
11
16,392
Restricted funds
11
~~-~~
**Total funds**
**16,392**
**16,392**
16,392
16,542
16,608
**Creditors:**amounts falling due within
one year
9
(150)
(150)|||**2022**
£
-|
|---|---|---|---|
|||||
||||-
-
16,458
**16,458**
16,458|
||||~~**8**~~
~~-~~
**16,458**|
Approved by the trustees on October 31, 2023 and signed on their behalf by:
8
## **CHAPEL OF HIS GLORY UK**
## **30th September 2023**
## **Pastor Elijah Oluwasanmi Oluga** Chair of Trustees
_The notes on pages 9 to 13 form part of these financial statements_
9
**CHAPEL OF HIS GLORY UK Notes to the financial statements**
**3**
**For the year ended**
## 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 2019) - (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-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.
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## **CHAPEL OF HIS GLORY UK**
## **Notes to the financial statements**
## **30th September 2023**
## **For the year ended 30th September 202**
|2.
**Donations and legacies**
Tithe offering
Regular offering
Donations
3.
**Charity activities**
Charitable sales
Bank interest
Other income
4.
**Expenses on operation of the charity**|30 September
2023
£
545
629
790
30 September
2023
**£**
**1,964**
-
-
30 September
2023
£
50
**50**|30 September
2022
£
1,635
285
-|
|---|---|---|
|||30 September
2022
**£**
**1,920**|
|||-
-
50|
|||**50**|
|||30 September
2022
£|
11
## **CHAPEL OF HIS GLORY UK**
## **Notes to the financial statements**
|**3**
Accommodation and rent
Advert and promotion
Depreciation
Youth and children convention
Annual thanksgiving
General office expenses
Governance cost
Professional fees
**For the year ended**
5.
**Net income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation
6.
**Fixed assets:**
Motor
vehicle
Musical
equipment
£
£
**Cost**
At 01 October 2022
-
-
Additions
-
-
At 30 September 2023
-
-||1,596
1,102
-
-
-
-
-
-
-
-
285
-
-
-
2023
2022
£
£
-
-
Fixtures
and
fittings
Computer
equipment
Total
£
£
£
-
-
-
-
-
-
200
150
**2,081**
**1,252**
-
-
-|1,596
1,102
-
-
-
-
-
-
-
-
285
-
-
-
2023
2022
£
£
-
-
Fixtures
and
fittings
Computer
equipment
Total
£
£
£
-
-
-
-
-
-
200
150
**2,081**
**1,252**
-
-
-|
|---|---|---|---|
|||||
|||||
|||2023
£||
|||-||
|||Fixtures
and
fittings
£
-
-
-||
||||-
-|
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## **CHAPEL OF HIS GLORY UK**
## **Notes to the financial statements**
## **30th September 2023**
**----- Start of picture text -----**
Depreciation
At 01 October 2022 - - - - -
- - - - -
Charge for the year
At 30 September 2023 - - - - -
Net book value
- - - - -
At 30 September 2023
At 01 October 2022 - - - - -
**----- End of picture text -----**
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## **CHAPEL OF HIS GLORY UK**
## **3 Notes to the financial statements For the year ended 30th September 202**
|7.
**Cash at bank and in hand**
Bank
Cash
8.
**Debtors**
Grant debtors
Prepaid Rent
Prepaid Insurance
Prepaid Certificate Awards
Other Debtors
**Total debtors**
9.**Creditors:**_amounts falling due within one year_
Accountancy fees|30 September
2023
16,542
-
£
**16,542**
30 September
2023
£
-
-
-
-
-
~~**-**~~
30 September
2023
£
150
-|30 September
2022
16,608
-
£|
|---|---|---|
|||**16,608**|
|||30 September
2022
£|
|||-|
|||-|
|||-
-|
|||-|
|||-|
|||~~**-**~~|
|||
30 September
2022
£|
|||150|
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**3**
## **CHAPEL OF HIS GLORY UK**
||**Total creditors**||||**150**||**150**|
|---|---|---|---|---|---|---|---|
|10.|
**Creditors:** _amounts falling_||_due after one year_|30 September|||30 September|
||||||2023||2022|
||||||£||£|
||Trade creditors||||-||-|
||Other creditors||||-||-|
||**Total creditors**|**-**|**- Notes**|**to**||||
||||||**the**|**financial statements**||
||||Balance at||||As at 30|
|11.|
**Fund movements**||01 October|Income|Expenditure||September|
||||2022||||2023|
||||£|£||£|£|
||**Restricted funds**|||||||
||Restricted project fund||-|-||-|-|
||||-|-||-|-|
||**Unrestricted funds**|||||||
||General fund||16,458|2,014|(2,081)||16,392|
|**For the year ended 30th September 202**||||||||
||||16,458|2,014|(2,081)||16,392|
||**The funds of the charity**|||||||
||**16,458**
**2,014**||**(2,081)**|**16,392**||||
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