REGISTERED CHARITY NUMBER: 1182174
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 SEPTEMBER 2020
FOR
APOSTLES OF CHRIST CHURCH
TAWANDA GROUP LTD Innovation Centre Medway Maidstone Road Chatham ME5 9FD
APOSTLES OF CHRIST CHURCH
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 SEPTEMBER 2020
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Report of the Independent Auditors | 3 to 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 11 |
| Detailed Statement of Financial Activities | 12 |
APOSTLES OF CHRIST CHURCH
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 18 SEPTEMBER 2020
The trustees present their report with the financial statements of the charity for the year ended 18 September 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1182174
Principal address
28 Anton Road SOUTH OCKENDON RM15 5AT
Trustees
Ms E Makonyere (appointed 12.2.20) R Makamba Ms I Mukari
Auditors
TAWANDA GROUP LTD Innovation Centre Medway Maidstone Road Chatham ME5 9FD
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
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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APOSTLES OF CHRIST CHURCH
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 18 SEPTEMBER 2020
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
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 23 June 2021 and signed on its behalf by:
Ms E Makonyere - Trustee
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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF APOSTLES OF CHRIST CHURCH
Opinion
We have audited the financial statements of APOSTLES OF CHRIST CHURCH (the 'charity') for the year ended 18 September 2020 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charity's affairs as at 18 September 2020 and of its incoming resources and application of resources, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
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the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
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the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charity's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF APOSTLES OF CHRIST CHURCH
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
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the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF APOSTLES OF CHRIST CHURCH
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
TAWANDA GROUP LTD
Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Innovation Centre Medway Maidstone Road Chatham ME5 9FD
23 June 2021
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APOSTLES OF CHRIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2020
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2020 |
|
|---|---|
| Year Ended 18.9.20 Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 305,872 EXPENDITURE ON Charitable activities Church Activities 280,901 NET INCOME 24,971 RECONCILIATION OF FUNDS Total funds brought forward 16,030 TOTAL FUNDS CARRIED FORWARD 41,001 |
Period 15.9.18 to 18.9.19 Total funds £ 125,132 109,102 |
| 16,030 - |
|
| 16,030 |
The notes form part of these financial statements
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APOSTLES OF CHRIST CHURCH
BALANCE SHEET
18 SEPTEMBER 2020
| 18.9.20 Unrestricted funds Notes £ FIXED ASSETS Tangible assets 4 46,060 CURRENT ASSETS Cash in hand 4,200 NET CURRENT ASSETS 4,200 TOTAL ASSETS LESS CURRENT LIABILITIES 50,260 CREDITORS Amounts falling due after more than one year 5 (9,259) NET ASSETS 41,001 FUNDS 6 Unrestricted funds 41,001 TOTAL FUNDS 41,001 |
18.9.19 Total funds £ 24,200 18,576 18,576 42,776 (26,746) 16,030 16,030 16,030 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 23 June 2021 and were signed on its behalf by:
E Makonyere - Trustee
The notes form part of these financial statements
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APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 SEPTEMBER 2020
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the 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.
TAXATION
The charity is exempt from tax on its 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 objects 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.
HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 18 SEPTEMBER 2020
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 18 September 2020 nor for the period ended 18 September 2019.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 18 September 2020 nor for the period ended 18 September 2019.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricte | |
|---|---|
| funds | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 125,132 |
| EXPENDITURE ON | |
| Charitable activities | |
| Church Activities | 109,102 |
| NET INCOME | 16,030 |
| TOTAL FUNDS CARRIED | |
| FORWARD | 16,030 |
4.
TANGIBLE FIXED ASSETS
| Plant and machinery £ COST At 19 September 2019 24,200 Additions 6,800 At 18 September 2020 31,000 DEPRECIATION Charge for year 1,860 NET BOOK VALUE At 18 September 2020 29,140 At 18 September 2019 24,200 |
Motor vehicles £ - 18,000 18,000 1,080 16,920 - |
Totals £ 24,200 24,800 |
|---|---|---|
| 49,000 | ||
| 2,940 | ||
| 46,060 | ||
| 24,200 |
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continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2020
| 5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 18.9.20 £ Other creditors 9,259 6. MOVEMENT IN FUNDS Net At movement 19.9.19 in funds £ £ Unrestricted funds General fund 16,030 24,971 TOTAL FUNDS 16,030 24,971 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 305,872 (280,901) TOTAL FUNDS 305,872 (280,901) Comparatives for movement in funds Net movement in funds £ Unrestricted funds General fund 16,030 TOTAL FUNDS 16,030 |
18.9.19 £ 26,746 At 18.9.20 £ 41,001 41,001 Movement in funds £ 24,971 24,971 At 18.9.19 £ 16,030 16,030 |
|---|---|
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continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2020
6. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 125,132 125,132 |
Resources expended £ (109,102) (109,102) |
Movement in funds £ 16,030 16,030 |
|---|---|---|---|
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 18 September 2020.
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APOSTLES OF CHRIST CHURCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2020
| Year Ended 18.9.20 £ INCOME AND ENDOWMENTS Donations and legacies Gifts 305,872 Total incoming resources 305,872 EXPENDITURE Charitable activities Wages 56,670 Other operating leases - Rates and water 4,350 Insurance 319 Light and heat 3,401 Telephone 2,020 Postage and stationery - Advertising 6,419 Sundries 290 Other Establishment Costs 17,650 Repairs & Renewals 1,025 Travel Expenses 24,743 Computers & Equipment 7,974 Rent 29,435 Bank Charges 665 Pastoral Expenses 34,800 Legal & Professional Fees 2,540 Training 8,500 Admin Expenses 77,160 Plant and machinery 1,860 Motor vehicles 1,080 280,901 Total resources expended 280,901 Net income 24,971 |
Period 15.9.18 to 18.9.19 £ 125,132 |
|---|---|
| 125,132 21,390 6,763 2,005 349 1,665 775 12,056 344 - 2,590 - 13,104 - 22,866 - 24,720 475 - - - - |
|
| 109,102 | |
| 109,102 | |
| 16,030 |
This page does not form part of the statutory financial statements
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