Armor of God Apostolic Church
Trustees Annual Report and Unaudited Accounts For the Year Ended 08 September 2020
Charity Registration No. 1185289
Trustees Annual Report and Unaudited Accounts
For the Year Ended 8 September 2020
ARMOR OF GOD APOSTOLIC CHURCH
Charity Registration No. 1185289
Trustee’s Report
The Trustee’s present their report for year ended 8 September 2020
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deeds, Charities Act 1993 and the Statement of Recommended Practice, “Accounting and Reporting by Charities” issued in March 2005.
Structure, governance and management was set a The charity up by charitable trust deed dated 13 September 2019
The Trustee’s who served during the year were:
Olanike Williams ( The Chair) Sherifatu Adesunbo Adegbesan Randy Olukayode Shoyemi
Trustees are familiar with the workings of the church having been drawn from long standing Church members that have the skill set to offer an empathy with the charity’s core values. New trustees are invited and encouraged to attend training courses by the Chair and also to read guidelines and publications issued by the charity Commission eg “the Essential Trustee”, copies of which are given to the new trustees
Related Party Relationships
Transactions with related parties are disclosed in the notes to the accounts.
Risk Management
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
Objectives and activities The object of the charity is the advancement of the Christian religion in accordance with the tenets and practice of the Armor of God Apostolic Church . Various policies were adopted during the year in furtherance of this object.
Financial Review
The total incoming resources for the year amounted to £12,670 and the total resources expended amounted to £14,110 leaving a net DEFICIT for the year of 1,440
It is the policy of the Charity that unrestricted funds which have not been designated for specific use should be maintained at a level equivalent to between three and six months expenditure.
The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities whilst consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Statement of Trustees Responsibilities
The Trustees are responsible for preparing the Trustees report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to England and Wales requires the Trustees to prepare accounts 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 of the charity for that year.
In preparing these accounts 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 the principles of the charities SORP,
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Make judgments and estimates that are reasonable and prudent’
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State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
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Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
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 accounts comply with the Charities Act 1993, the Charity (Accounts and Reports) Regulations 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.
For and on behalf of the board of Trustees
PASTOR Olanike Williams Church Oversear
Dated: 1 February 2021
ARMOR OF GOD APOSTOLIC CHURCH Independent Examiner’s Report To the Trustees of ARMOR OF GOD APOSTOLIC CHURCH
I report on the accounts of the charity for the year ended 8 September 2020, which are set out in the attachment.
Respective responsibilities of the Trustees and Examiner
The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is what is needed.
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 statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(a) which gives me reasonable cause to believe that in any material respect the requirements:
(i) to keep accounting records in accordance with section 41 of the 1993 Act; and
(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or
(b) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Name: Andrew Kolawole Malaolu(FCA)
20 West Close Rainham
Essex
RM13 9AR
Dated: 2 February 2021.
Armor of God Apostolic Church 1185289
Recei ts and a ments accounts p p y 13/06/2019 For the period To from
13/06/2019 12/06/2020
CC16a
Section A Receipts and payments
Unrestricted Restricted Endowment funds funds funds to the nearest to the nearest £ to the nearest £ £
Total funds
Last year
to the nearest to the nearest to the nearest to the nearest £ to the nearest £ £ £ £ A1 Receipts - - - 12,670 Charitable Receipts 12,670 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Sub total (Gross income for AR) 12,670 - - - 12,670 -
A2 Asset and investment sales, (see table).
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- - - -
- - - - -
Sub total - - - - -
Total receipts 12,670 - - - 12,670 -
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A3 Payments
| Charitable Payments | 14,110 | - | - | 14,110 | - | ||||
|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total | 14,110 | - | - | 14,110 | - |
A4 Asset and investment purchases, (see table)
----- Start of picture text -----
- - - -
- - - -
Sub total
- - - - -
Total payments 14,110 - - 14,110 -
Net of receipts/(payments) (1,440) - - (1,440) -
A5 Transfers between funds
- - - - 0
A6 Cash funds last year end - - - - 0
Cash funds this year end - 0 - - -
Section B Statement of assets and liabilities at the end of the period
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Unrestricted Restricted Endowment funds funds funds Categories Details to nearest £ to nearest £ to nearest £ B1 Cash funds Bank Balance - Total cash funds - (agree balances with receipts and payments Agreement account(s)) Error OK OK Unrestricted Restricted Endowment funds funds funds Details to nearest £ to nearest £ to nearest £ B2 Other monetary assets - - - - - - - - - - - - - - - - - - Fund to which Current value Cost (optional) Details asset belongs (optional) B3 Investment assets - - - - - - - - - - Fund to which Current value Cost (optional) Details asset belongs (optional) B4 Assets retained for the Equipments -
charity’s own use
B5 Liabilities
Signed by one or two trustees on behalf of all the trustees
Furtniture and Fittings Fund to which Amount due When due Details liability relates (optional) (optional) - - - - - Date of Signature Print Name approval David Folorunso 01/08/2019