REGISTERED CHARITY NUMBER: 1182174
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 18 SEPTEMBER 2023
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 2023
| 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 2023
The trustees present their report with the financial statements of the charity for the year ended 18 September 2023. 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
6 BENSON CLOSE BURNHAM-ON-CROUCH ESSEX CMO 8GP
Trustees
Ms E Makonyere R Makamba
Approved by order of the board of trustees on 16 May 2024 and signed on its behalf by:
Ms Easther Makonyere - Trustee
Page 1
APOSTLES OF CHRIST CHURCH
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2023 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 |
18.9.23 Unrestricted funds £ 293,008 12,813 284,433 - 297,246 (4,237) 74,250 70,013 |
18.9.22 Total funds £ 501,147 14,462 481,784 850 497,096 4,051 70,199 74,250 |
|
|---|---|---|---|
The notes form part of these financial statements
Page 2
APOSTLES OF CHRIST CHURCH
BALANCE SHEET 18
SEPTEMBER 2023
| BALANCE SHEET 18 SEPTEMBER 2023 |
|||
|---|---|---|---|
| Notes FIXED ASSETS Tangible assets CURRENT ASSETS 4 Cash in hand NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 5 NET ASSETS |
18.9.23 Unrestricted funds £ 38,257 31,757 31,757 - - 70,013 |
18.9.22 Total funds £ 40,699 33,552 33,552 - - 74,250 |
|
The notes form part of these financial statements
Page 3
continued...
APOSTLES OF CHRIST CHURCH
BALANCE SHEET - continued
| FUNDS Unrestricted funds TOTAL FUNDS |
18 SEPTEMBER 2023 6 |
70,013 70,013 |
74,250 74,250 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 16 May 2024 and were signed on its behalf by:
E Makonyere - Trustee
R Makamba - 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 2023
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.
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continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2023
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 18 September 2023 nor for the year ended 18 September 2022.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 18 September 2023 nor for the year ended 18 September 2022.
| 3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|
| Unrestricted | ||
| funds | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 501,147 | |
| EXPENDITURE ON | ||
| Charitable activities | ||
| Church Activities | 497,096 | |
| NET INCOME | 4,051 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 70,199 | |
| TOTAL FUNDS CARRIED FORWARD | 74,250 |
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APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2023
4. TANGIBLE FIXED ASSETS
| 4. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Plant and | Motor | |||
| machinery | vehicles | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 19 September 2022 and | ||||
| 18 September 2023 | 31,000 | 18,000 | 49,000 | |
| DEPRECIATION | ||||
| At 19 September 2022 | 5,252 | 3,049 | 8,301 | |
| Charge for year | 1,545 | 897 | 2,442 | |
| At 18 September 2023 | 6,797 | 3,947 | 10,743 | |
| NET BOOK VALUE | ||||
| At 18 September 2023 | 24,203 | 14,053 | 38,257 | |
| At 18 September 2022 | 25,748 | 14,951 | 40,699 | |
| 5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE | YEAR | ||
| 18.9.23 | 18.9.22 | |||
| £ | £ | |||
| Other creditors | - | - | ||
| 6. | MOVEMENT IN FUNDS | |||
| Net | ||||
| At | movement | At | ||
| 19.9.22 | in funds | 18.9.23 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General Funds | 74,250 | (4,237) | 70,013 | |
| TOTAL FUNDS | 74,250 | (4,237) | 70,013 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General Funds | 293,008 | (297,246) | (4,237) |
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continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 18 SEPTEMBER 2023
6. MOVEMENT IN FUNDS - continued Comparatives for
movement in funds
| Net At movement 19.9.21 in funds £ £ Unrestricted funds General fund 70,199 4,051 TOTAL FUNDS 70,199 4,051 Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 501,147 (497,096) TOTAL FUNDS 501,147 (497,096) |
At 18.9.22 £ 74,250 74,250 Movement in funds £ 4,051 4,051 |
|---|---|
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 19.9.21 in funds £ £ 29,198 4,051 - (4,237) 29,198 (186) |
At 18.9.23 £ 33,249 (4,237) 29,012 |
|
|---|---|---|---|
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continued...
APOSTLES OF CHRIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS -
continued FOR THE YEAR ENDED 18 SEPTEMBER 2023
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 £ 896,432 293,008 1,189,440 |
Resources Movement expended in funds £ £ (863,182) 33,249 (297,246) (4,237) (1,160,428) 29,012 |
|---|---|---|
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 18 September 2023.
Page 9
APOSTLES OF CHRIST CHURCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 18 SEPTEMBER 2023
| 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 Other Establishment Costs Repairs & Renewals Travel Expenses Computers & Equipment Rent Bank Charges Pastoral Expenses Legal & Professional Fees Admin Expenses Accountancy Depreciation Allowable Donations Total Resources Expended NET INCOME |
18.9.23 18.9.22 £ £ 293,008 501,147 293,008 501,147 12,813 14,462 39,863 58,994 3,268 5,161 962 333 7,675 7,256 2,220 6,597 89,028 100,574 1,720 67,741 111,599 2,355 8,626 6,656 6,919 625 631 36,266 35,710 3,890 90,680 2,119 - - 850 2,442 2,597 19,324 44,387 297,246 497,096 (4,237) 4,051 |
|---|---|
This page does not form part of the statutory financial statements
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