## **KINGDOM OF GOD WOLVERHAMPTON** 

## **FINANCIAL STATEMENTS** 

## **FOR THE YEAR  ENDED  30[TH] NOVEMBER 2020** 

**CHARITY NUMBER: 1187644** 



## **KINGDOM OF GOD WOLVERHAMPTON ALADDIN’S EDUCATION LTD CANNOCK ROAD WOLVERHAMPTON WV10 0RA** 

**INDEX Page Index                                                                                                          1 Trustee’s Report                                                                                       2 – 3 Receipts and Payments Account                                                              4 Statement of Assets and Liabilities                                                          5 Notes on the financial Statements                                                            6** 

**1** 



## **KINGDOM OF GOD WOLVERHAMPTON** 

# **TRUSTEES’ REPORT YEAR ENDED 30[TH] NOVEMBER 2020** 

The trustees are pleased to present their report for the year ended 30[th] November 2020 for the charity, Kingdom of God Wolverhampton with charity number 1187644. 

The Trustees of the charity are: Mildred Peggy Mensah Eunice Opoku Amankwah Rev Solomon Mfum 

The principal address of the charity is :  Aladdin’s Education Ltd Cannock Road 

Wolverhampton WV10 0RA 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

The Charity governing document is a CIO adopted 29[th ] January 2020.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position. 

## **OBJECTIVES AND ACTIVITIES** 

THE OBJECT OF THE CIO IS FOR THE BENEFIT OF THE PUBLIC: TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN SUCH WAYS AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT 

## **ACHIEVMENTS AND PERFORMANCE** 

The organisation did not run any activities during the financial year. 

. 

**2** 



## **FINANCIAL REVIEW** 

There was no income for the charity during the financial year 

## **RESERVE POLICY** 

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure .This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year. 

## **RISK MANAGEMENT** 

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks. 

## **TRUSTEE RESPONSIBILITIES** 

Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to: 

1. Select suitable accounting policies and apply them consistently. 

2. Make judgements and estimates that are reasonable and prudent. 

3. State whether the applicable accounting standards have been followed. 

4. Prepare financial statements on an ongoing basis. 

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities. 

Approved by the Trustees on 6[th] December 2021 and signed on their behalf by: 

_____________________________________________ 

**3** 



## **KINGDOM OF GOD WOLVERHAMPTON** 

## **ACCOUNTS FOR THE YEAR ENDED 30th November 2020** 

|**1 **|**Receipts & Payments Account (General**|**Purpose Fund)**|
|---|---|---|
||**Income  Receipts**|£/ 2020|
||Donations|0|
||**Total Receipts**|**0**|
||**Direct Charitable Expenditure**||
|||0|
||**Other Expenditure**||
||Equipment||
||Instruments||
|||0|
||**Total Payments**|**0**|
||**Net Receipts/(Payments) for the year**|0|
||**Cash Funds brought forward**|**0**|
||**Cash Funds at the end of the year**|**0**|



**4** 



## **KINGDOM OF GOD WOLVERHAMPTON** 


**----- Start of picture text -----**<br>
2 Statements of Assets and Liabilities at 30th November 2020<br>Monetary Assets<br>Cash Funds Unrestricted Funds<br>£/2020<br>£<br>Cash at hand and in bank 0<br>Total Cash Funds 0<br>Assets Retained for the<br>Charity's Own use<br>Non-monetary Assets and Liabilities<br>Equipments<br>0<br>Liabilities<br>Bookkeeping<br>**----- End of picture text -----**<br>


These accounts were approved by the trustees and signed on their behalf by: Mildred Mensah 


**----- Start of picture text -----**<br>
________________________________________________<br>**----- End of picture text -----**<br>


**5** 



## **KINGDOM OF GOD WOLVERHAMPTON** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **FOR THE YEAR ENDED 30th November 2020** 

## **ACCOUNTING POLICIES** 

## **Basis of Accounting** 

These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year. 

## **Funds** 

The Charity has a general unrestricted fund that receives voluntary donations from the public. 

## **Public Benefit** 

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 

**6**