REGISTERED CHARITY NUMBER: 1182174
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 SEPTEMBER 2021
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 2021
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 to 4 |
| Notes to the Financial Statements | 5 to 9 |
| Detailed Statement of Financial Activities | 10 to 11 |
APOSTLES OF CHRIST CHURCH
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 18 SEPTEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 18 September 2021. 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 R Makamba Ms I Mukari
Approved by order of the board of trustees on 6 June 2022 and signed on its behalf by:
Ms I Mukari - Trustee
Page 1
APOSTLES OF CHRIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2021
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2021 |
||
|---|---|---|
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Raising funds Charitable activities Church Activities Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
18.9.21 Unrestricted funds £ 395,285 8,828 347,661 9,597 366,086 29,199 41,001 70,200 |
18.9.20 Total funds £ 305,872 - 280,901 - |
| 280,901 | ||
| 24,971 16,030 |
||
| 41,001 |
The notes form part of these financial statements
Page 2
APOSTLES OF CHRIST CHURCH
BALANCE SHEET 18 SEPTEMBER 2021
| Notes FIXED ASSETS Tangible assets 4 CURRENT ASSETS Cash in hand NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 5 NET ASSETS |
18.9.21 Unrestricted funds £ 43,297 26,903 26,903 70,200 - 70,200 |
18.9.20 Total funds £ 46,060 4,200 4,200 50,260 (9,259) 41,001 |
|---|---|---|
The notes form part of these financial statements
Page 3
continued...
APOSTLES OF CHRIST CHURCH
BALANCE SHEET - continued 18 SEPTEMBER 2021
| BALANCE SHEET- continued 18 SEPTEMBER 2021 |
||
|---|---|---|
| FUNDS 6 Unrestricted funds TOTAL FUNDS |
70,200 70,200 |
41,001 |
| 41,001 |
The financial statements were approved by the Board of Trustees and authorised for issue on 6 June 2022 and were signed on its behalf by:
E Makonyere - Trustee
R Makamba - Trustee
I Mukari - Trustee
The notes form part of these financial statements
Page 4
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 SEPTEMBER 2021
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.
Page 5
continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2021
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 18 September 2021 nor for the year ended 18 September 2020.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 18 September 2021 nor for the year ended 18 September 2020.
ended 18 September 2020. |
||
|---|---|---|
| 3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
| Unrestricte | ||
| funds | ||
| £ | ||
| 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 |
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continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2021
| 4. TANGIBLE FIXED ASSETS Plant and Motor machinery vehicles £ £ COST At 19 September 2020 and 18 September 2021 31,000 18,000 DEPRECIATION At 19 September 2020 1,860 1,080 Charge for year 1,748 1,015 At 18 September 2021 3,608 2,095 NET BOOK VALUE At 18 September 2021 27,392 15,905 At 18 September 2020 29,140 16,920 5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 18.9.21 £ Other creditors - 6. MOVEMENT IN FUNDS Net At movement 19.9.20 in funds £ £ Unrestricted funds General Funds 41,001 29,199 TOTAL FUNDS 41,001 29,199 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General Funds 395,285 (366,086) TOTAL FUNDS 395,285 (366,086) |
Totals £ 49,000 2,940 2,763 5,703 43,297 46,060 18.9.20 £ 9,259 At 18.9.21 £ 70,200 70,200 Movement in funds £ 29,199 29,199 |
|---|---|
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continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2021
6. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Comparatives for movement in funds | ||
|---|---|---|
| Unrestricted funds General fund TOTAL FUNDS |
Net At movement 19.9.19 in funds £ £ 16,030 24,971 16,030 24,971 |
At 18.9.20 £ 41,001 |
| 41,001 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 305,872 305,872 |
Resources expended £ (280,901) (280,901) |
Movement in funds £ 24,971 24,971 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund General Funds TOTAL FUNDS |
Net At movement 19.9.19 in funds £ £ 16,030 24,971 - 29,199 16,030 54,170 16,030 54,170 |
At 18.9.21 £ 41,001 29,199 |
|---|---|---|
| 70,200 | ||
| 70,200 |
Page 8
continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2021
6. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund General Funds TOTAL FUNDS |
Incoming resources £ 305,872 395,285 701,157 701,157 |
Resources expended £ (280,901) (366,086) (646,987) (646,987) |
Movement in funds £ 24,971 29,199 54,170 54,170 |
|---|---|---|---|
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 18 September 2021.
Page 9
APOSTLES OF CHRIST CHURCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2021
| INCOME AND ENDOWMENTS Donations and legacies Gifts Total incoming resources EXPENDITURE Raising donations and legacies Telephone Charitable activities Wages Rates and water Insurance Light and heat Telephone Advertising Sundries Other Establishment Costs Repairs & Renewals Travel Expenses Computers & Equipment Rent Bank Charges Pastoral Expenses Legal & Professional Fees Training Admin Expenses Plant and machinery Motor vehicles Support costs Governance costs Sundries Carried forward |
18.9.21 £ 395,285 395,285 8,828 57,600 4,370 333 6,599 2,968 - - 86,736 1,925 4,083 42,011 12,060 618 34,800 90,795 - - 1,748 1,015 347,661 8,747 8,747 |
18.9.20 £ 305,872 |
|---|---|---|
| 305,872 - 56,670 4,350 319 3,401 2,020 6,419 290 17,650 1,025 24,743 7,974 29,435 665 34,800 2,540 8,500 77,160 1,860 1,080 |
||
| 280,901 - - |
This page does not form part of the statutory financial statements
Page 10
APOSTLES OF CHRIST CHURCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2021
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2021 |
||
|---|---|---|
| Governance costs Brought forward Accountancy and legal fees Total resources expended Net income |
18.9.21 £ 8,747 850 9,597 366,086 29,199 |
18.9.20 £ - - |
| - | ||
| 280,901 | ||
| 24,971 |
This page does not form part of the statutory financial statements
Page 11