**UK PCEA**
## _____________________________________________
REGISTERED COMPANY NUMBER: 11256448 REGISTERED CHARITY NUMBER: 1181416
## UK PCEA
## REPORT AND FINANCIAL STATEMENTS FOR
(UNAUDITED)
## YEAR ENDED 31ST MARCH 2021
J & T _LEXINGTON SERVICES LIMITED_
_8 HOLME CLOSE, REDHILL GRANGE WELINGBOROUGH NN9 5YF_
## **UK PCEA**
**Page CONTENTS 2 Charity information 3 Independent Examiner’s report 4 Income and Expenditure Account 5 Balance Sheet 6 Notes to the Accounts 7 – 10**
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**UK PCEA**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered Company number** 11256448
## **Registered Charity number 1181416**
## **Registered office**
St Matthew’s Church, Dyson Road, Stratford, London E15 4JX.
## **Trustees**
Amos Chege Kamau Anne Ochola Anthony Kariuki Kibuchi Francis Githinji Mwangi Marion Catherine Waruguru Peter Muturi Kimani Stephen Muchemi Njoroge Timothy Karanja Wanjohi Veronica Wairimu Crozier
## **Treasurer**
Stephen Njoroge Muchemi
## **Secretary**
Francis Githinji Mwangi
## **Accountants**
J & T Lexington Services Limited 8 Holme Close Redhill Grange Wellingborough NN9 5YF
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**UK PCEA**
## **Trustees’ Report**
The Trustees have pleasure in submitting their report, and accounts for the year ended 31[st] March 2021. The financial statements have been prepared in accordance with the accounting policies set out on page 9, and comply with the statement of recommended practice.
## **Constitution, objective of the charity, principal activity.**
The charity is governed under a memorandum and articles of association dated 15[th] March 2018 with company registration number 11256448 and UK registered charity no. 1181416.
The objectives of the charity:
To advance the Christian faith in accordance with the statement of beliefs, in the United Kingdom and Other parts of the world in such ways as the trustees from time to time may think fit, and to fulfil such other purposes which are exclusively charitable according to the laws of England and Wales and are connected with the charitable work of the charity.
The ministry is involved in Christian outreach programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ.
## **Review of the financial position**
The charity made a surplus for the year amounting to £54,890. (2020 surplus £67,057)
## **Approval**
The report was approved by the board of trustees on …………… 2021 and signed on their behalf by:
## **Francis Githinji Mwangi …………………………….**
## **Trustee**
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**UK PCEA**
Independent Examiner’s Report To the Trustees
## **UK PCEA**
I report on the accounts of the church for the year ended 31[st] March 2021 set out on pages six to eleven
## **Respective responsibilities of trustees and examiner**
The trustees of the charity are responsible for the preparation of the accounts. The charity’s trustee 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.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
- 1) Examine the accounts under section 145 of the 2011 Act.
- 2) Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act) and
- 3) To state whether particular matters have come to my attention.
## **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 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 386 and 387 of the Companies Act 2006;
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice and Reporting by Charities 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.
Joseph Kinuthia CPA, DMS, MBA J & T Lexington Services Ltd 8 Holme Close, Redhill Grange Wellingborough NN9 5YF
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**UK PCEA**
## **Statement of financial activities for the year ended 31[st] March 2021 Incorporating the Income and Expenditure Account**
|**Note**
**Incoming Resources**
Incoming resources from generated funds
Tithes & offerings
Other income
Gift aid - accrued
**Total Incoming Resources**
**2**
**Resources expended**
**Charitable activities**
Rent
Travel & Subsistence
Recruitment
Misc expenses
Gifts and Donations
Consultancy – Lead Minister
Insurance
Professional fees
Salaries & Wages
Advertising & Publicity
Events, Conferences & Refreshment
Evangelism & Guest ministers
Depreciation of fixed assets
**Total resources expended**
Governance costs
**3**
Net incoming/ (outgoing) resources
**Balance carried forward at 31stMarch**
**2021**|**2021**
£
108,897
-
25,819
**134,716**
4,950
7,924
6,845
4,194
6,275
22,100
306
8,969
7,785
-
3,939
5,364
275
**78,926**
900
79,826
54,890
**54,890**|**2020**
£|
|---|---|---|
|||97,286
7,347
23,936|
|||**128,569**|
|||13,200
11,560
-
1,847
2,809
-
2,054
2,560
280
22,417
3,501
318|
|||**60,546**
966|
|||61,512
67,057|
|||**67,057**|
6
**UK PCEA**
## **Balance Sheet as at 31[st] March 2021**
|**Fixed assets**
Tangible fixed assets
**Current assets**
Debtors
Cash at bank and in hand
Creditors - amounts falling due
within one year
**Net current assets/(liabilities)**
**Net assets**
Represented by:
**Funds of the charity**
Reserves
Net incoming resources
**Total funds**|**Note**
**4**
**5**
**6**|**2021**
£
2,015
25,819
155,950
181,769
(900)
180,869
**182,884**
127,994
54,890
**182,884**|**2020**
£|
|---|---|---|---|
||||2,290
23,936
102,734|
||||126,670|
||||(966)
125,704|
||||**127,994**|
||||60,937
67,057|
||||**127,994**|
The financial statements were approved by the Trustees on ……………2021 and signed on their behalf by:
**Francis Githinji Mwangi ……………………………....................... Trustee**
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**UK PCEA**
## **Notes to the financial statements for the year ended 31[st] March 2021**
## **1. Accounting policies**
## **a) Accounting basis**
These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993 and the Statement of Recommended Practice on Accounting by Charities published in March 2008. The adoption of the revised SORP has resulted in reclassification of some items.
## **b) Incoming resources**
## **i) Voluntary income**
Voluntary income is received by way of Tithes offerings, donations and gifts and is included in full in the Statement of Financial Activities when receivable.
## **c) Resources expended**
All expenditure is accounted for on an accruals basis.
## **d) Fixed assets and depreciation**
Fixed assets are included at cost. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life using reducing balance method.
Church equipment and Instruments 12%.
## **e) Restricted and unrestricted funds**
Income received for restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds are those funds which represent grants and donations for a specific purpose. Upon full performance of the purpose of the grant, any surplus is then retrievable by the donor. Income generated for the objects of the charity without further specified purpose is allocated to unrestricted funds. Accumulated surpluses may be retained by the church and are expendable at the discretion of the trustees in furtherance of the church’s objects. There were no restricted funds during the year.
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**UK PCEA**
Notes to the financial statements for the year ended 31[st] March 2021
## **1. Accounting policies (continued)**
## **f) Designated funds**
Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion. There were no designated funds during the year.
## **g) Irrecoverable VAT**
The church is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.
## **h) Cash Flow**
The church has taken advantage of the exemptions in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small church.
## **2. Incoming resources from generated funds**
|Tithes and offerings
Other income
Gift aid – received|Unrestricted
**£**
108,386
-
25,819
134,205|Restricted
**£**
-
-
-
-|**Total funds**
**2021**
**£**|
|---|---|---|---|
||||108,386
-
25,819|
||||134,205|
9
**UK PCEA**
Notes to the financial statements for the year ended 31[st] March 2021
## **3. Governance costs**
|Accountancy fees|**2020**
**£**
900
900|**2020**
**£**|
|---|---|---|
|||966|
|||966|
## **4. Tangible fixed assets**
|**Cost**
At 1stApril 2020
Additions
At 31stMarch 2021
**Depreciation**
At 1stApril 2020
Charge for the year
At 31stMarch 2021
**Net book value 2021**
**Net book value 2020**|**Church**
**Instruments**
**&**
**Equipments**
**£**
2,652
-
2,652
362
275
637
**2,015**
**2,290**|**Total**
**£**|
|---|---|---|
|||2,652
-|
|||2,652|
|||362
275|
|||637|
|||**2,015**|
|||**2,290**|
10
**UK PCEA**
Notes to the financial statements for the year ended 31[st] March 2021
|**5.**
**Debtors**
HMRC|**2021**
**£**
25,819
25,819|**2020**
**£**
23,936|
|---|---|---|
|||23,936|
## **6. Creditors – amounts falling due within one year**
|Other creditors and accruals
Accountancy fees||**2021**
**£**
900
900||**2020**
**£**
966|
|---|---|---|---|---|
|||||966|
## **7. Financial commitments**
## **Capital Commitments**
The church had no capital commitments as at 31[st] March 2021.
## **Operating lease commitments**
The church had no operating lease commitment as at 31[st] March 2021.
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