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2020-12-31-accounts

Registered number: 1186524

Fraternity Fellowship

Report and Accounts

31 December 2020

Fraternity Fellowship Contents

Page
Business information 1
Approval statement 2
Accountants' report 3
Profit and loss account 4
Balance sheet 5
Notes to the accounts 6

Fraternity Fellowship Business Information

Trustee

Mr Pape Kimpembe

Accountants

Reka Accountancy Services Limited Central House 1 Ballards Lane London N3 1UX

Bankers

Barclays Bank

Solicitors

Business address

10 Edwin Avenue London E6 6DA

Registered Number

1186524

Fraternity Fellowship Registered number: 1186524 Trustees report

Approval statement

The trustees present their report and accounts for the period ended 31 December 2020

Principal activities

The charity's principal activity during the year continued to be promotion of the Christian faith and religious activities

Trustees

The following persons served as Trustees during the Period:

Mr Pape Kimpembe Mr Bavwidi Mpanzu Mrs Clarisse Kimpembe

The Charities (Accounts and Reports) Regulations 2008

This report has been prepared in accordance with The Charities Regulations 2008.

I approve the accounts which comprise of the Profit and Loss Account, the Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing Reka Accountancy Services Limited with all information and explanations necessary for their compilation.

This report was approved by the board on 20 October 2021 and signed on its behalf.

Mr Pape Kimpembe Trustee

20 October 2021

Fraternity Fellowship

Accountants' report on the unaudited accounts

to Fraternity Fellowship

You consider that the charity is exempt from an audit for the period ended 31 December 2020. You have acknowledge, on the balance sheet, your responsibilities for complying with the requirements of the Charities Regulation 2008 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.

In accordance with your instructions, we have compiled these unaudited accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the charity and on the basis of information and explanations supplied to us.

Reka Accountancy Services Limited Accountant

Central House 1 Ballards Lane London N3 1UX

20 October 2021

Fraternity Fellowship

Profit and Loss Account

for the year ended 31 December 2020

Notes
TITHES AND OFFERINGS
Total Tithes and Offerings
Other business income
EXPENSES
Events, retreat, conferences
Thanks giving & Donations
Rent, rates, power
Equipment expenses
Property, licence and insurance costs
Guest speaker
Pastor's appreciation
Covid-19 - & Welfare Support
Postage
Stationary and printing
Software
Accountancy fees
TOTAL EXPENSES
(Loss)/profit for the period
2020
£
9,105
9,105
0
1,357
450
1,431
460
394
1,645
1,474
970
15
40
144
200
8,580
525

Fraternity Fellowship

Balance Sheet

for the year ended 31 December 2020

Notes
Non-current Assets
Equipment, machinery and motor vehicles
3
Current assets
Cash at Barclays Bank Account 1 - Current
Total Assets
Capital account
Balance at start of period
Net (loss)/profits
General reserve
Trustees's funds
2020
£
0
0
525
0
525
0
525
0
525

The trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an audit The Charities Regulation 2008.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The trustees acknowledges their responsibilities for complying with the requirements of the Charity Regulation 2008 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the provisions of charities regulations 2008

Mr Pape Kimpembe

Trustee Approved by the board on 20/10/2021

Fraternity Fellowship Notes to the Accounts for the year ended 31 December 2020

1 Accounting basis

The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.

2 Profit and loss account analysis

Sales
Tithes and Offerings
Expenses
Guest speaker, welfare and donations
Retreat and Conferences
Thanks giving & Donations
Covid-19 welfare support
Car, van and travel expenses
Motor expenses
Travel expenses
Rent, rates, power and insurance costs
Rent, rates, power
Rental income
Light and heat
Property, licence and insurance costs
Repairs and renewals of property and equipment
Equipment expenses
2020
9,105
-
9,105
1,357
450
970
2,777
-
-
-
1,431
-
250
1,681
460
460
Telephone, fax, stationery and other office costs
Telephone broadband and fax
Postage
Stationery and printing
Software
Pastor's appreciation
Guest speaker
Pastors appreciation
Bank, credit card and other finance charges
Bank charges and interest
Accountancy, legal and other professional fees
Accountants fees
Depreciation and loss/(profit) on sale
Depreciation
Other business expenses
Subscriptions
Sundry expenses
-
15
40
144
-
199
1,645
1,474
3,119
200
200
-
-
-
-

Fraternity Fellowship Notes to the Accounts

for the period from 22 November 2019 to 31 December 2020

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Tithes and Offerings

Tithes and Offerings are voluntary contributions from members and sponsors of the charity.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery Motor vehicles

20% straight line 25% straight line

Fraternity Fellowship Notes to the Accounts

for the year ended 31 December 2020

3 Plant, machinery and motor vehicles

Plant, machinery and motor vehicles

Cost
At 31 Dec 2019
At 31 Dec 2020
Depreciation
At 31 Dec 2019
Charge for the year
At 31 Dec 2020
Net book value
At 31 Dec 2019
At 31 Dec 2020
Plant and
machinery
£
-
-
-
-
-
-
-