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CHARITY
RECEIPTS AND PAYMENTS
ACCOUNTS
ACM CHRIST ASSEMBLY MINISTRY
STATUTORY ACCOUNTS
CHARITY
FOR THE YEAR ENDED
30 NOVEMBER 2021
Registered Charity - Charity Registration number 1189122
If not a registered charity Her Majesty's Revenue and
(The HMRC number is equivalent to a registered charity number in terms of evidence of charitable status and
Trustee REp:
Charity Management:
Treasurer:
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ACM CHRIST ASSEMBLY MINISTRY 1189122 ## **Statement of Financial Activities (SOFA) for the year ended 30TH NOVEMBER 2021** |**Notes to**
**the**
**accounts**
**Income**
2 Donations
3 Gift aid
4 Interest and investment income
5 Income from investment properties
6 Internal organisations
7 Other charitable income
8**Total income**
**Expenditure**
10 Grants and donations
11 Property maintenance
12 Insurance,utilities etc
13 Depreciation
14 Office expenses
15 Legal & Professional Services
16 Charity Activities
17 Internal organisations
18**Total charitable expenditure**
19 Gains/(losses) on monetary investments
20 Gains/(losses) on investment properties
21**Net income/(expenditure)**
22 Transfers between funds
23 Other gains/(losses)
24**Net movement in funds**
25 Total funds brought forward
**26 Total funds carried forward**|

**General Fund**
**(Unrestricted)**
**Designated**
**Funds**
**(unrestricted)**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**30/11/2021**
£
£
£
£
£
29,135
1,000
-
**30,135**
-
-
-
**-**
-
-
-
**-**
-
-
-
**-**
-
-
-
**-**
-
-
-
**-**
**29,135**
**1,000**
**-**
**-**
**30,135**
7,500
-
-
-
**7,500**
455
-
-
-
**455**
7,345
-
-
-
**7,345**
-
-
-
-
**-**
561
-
-
-
**561**
500
-
-
-
**500**
1,824
-
-
-
**1,824**
5,900
-
-
-
**5,900**
**24,084**
**-**
**-**
**-**
**24,084**
-
-
**5,051**
**1,000**
**-**
**-**
**6,051**
**-**
**-**
**5,051**
**1,000**
**-**
**-**
**6,051**
**-**
**5,051**
**1,000**
**-**
**-**
**6,051**|**Total**
**30/11/2020**
£
**5312**
**-**
**-**
**-**
**-**
**-**
**5,312**| |---|---|---| |||-
**455**
**-**
**-**
**-**
**500**
**-**
**570**
**1,878**| |||**-**
**-**
**1,878**
**-**
**-**
**1,878**| |||**-**
**1,878**| **ACM CHRIST ASSEMBLY MINISTRY** **1189122** ## **Balance Sheet as at 30 NOVEMBER 2021** |**Fixed Assets**|**Notes to the**
**Accounts**|**General Fund**
**(Unrestricted)**
£|**Designated**
**Funds**
**(Unrestricted)**
£|**Restricted**
**Funds**
£|**Endowment**
**Funds**
£|**Totals 2021**
£||**Totals 2020**
£| |---|---|---|---|---|---|---|---|---| |||||||||| |Musical Equipment||9,922||||9,922||9,640| |Furniture & Fittings||748|||748|||748| |IT Equipment||2,736||-||2,736||2,454| |**_Total fixed assets_**||**13,406**|**-**|**-**|**-**|**13,406**||**12,843**| |**Current Assets**||||||||| |Debtors andprepayments||||||-||-| |Loans bythe Churches|||-|||-||-| |Investments with TMCP||||||-||-| |Central Finance Board Deposits||||||-||-| |Cash at Bank and in hand||95||||95||7,773| |**_Total current assets_**||**95**|**-**|**-**|**-**|**95**||**7,773**| |**Current liabilities**||||||||| |Creditors (due in under 1 year)||3,633||||3,633||4,700| |Grantspayable within 2019 20||||||-||-| |**_Total current liabilities_**||**3,633**|**-**|**-**|**-**|**3,633**||**4,700**| |**_Net current assets/liabilities_**||**3,539**
**-**|**-**|**-**|**-**|**3,539**
**-**||**3,073**| |||||||||| |**_Total assets less current liabilities_**||**9,867**|**-**|**-**|**-**|**9,867**||**15,916**| |||||||||| |**Long term liabilities**
**(due after more than oneyear)**||||||||| |Grantspayable after 2020-21||||||**-**||-| |Loans to the Church|||-|||**-**||4,700| |||||||**-**||-| |**_Net assets_**||**9,867**|**-**|**-**|**-**|**9,867**||**11,216**| ## **Funds of the Church** |General Fund(Unrestricted)||9,867||**-**|**-**|9,867||8,143| |---|---|---|---|---|---|---|---|---| |Designated Funds(Unrestricted)|||-|||-||3,073| |**_Total Unrestricted Funds_**||||||**9,867**||**11,216**| |Restricted Funds||||**-**||-||**-**| |Endowment Funds|||||**-**|-||**-**| |**_Total Funds_**||**9,867**|**-**|**-**|**-**|**9,867**||**11,216**| ## **Signed** Olanike Moradeyo **Charity Treasurer** ## **ACM CHRIST ASSEMBLY MINISTRY** ## **1). Nature of the charity funds** ## **Designated Funds** These are funds that the trustee of the charity church appropriate for for particular purpose. Restrcition on this type of funds is self imposed by the trustees, and as such the trustee can decide to make such fund undesgniated and apply such funds to new purpose they deemed fits. ## **Restricted Funds** Restricted funds are funds given to the charity for a specific purpose. Use of such funds is legally bindning obligation. Hence the trustee can not remove or relax the restriction on their on. Using such fund is sujbect to meeting certain spelled out condition for which the charity management and trustees have to adhered to. The charity do not have any funds appropriated for the purpose of restricted funds for the period ending 30th November 2021 ## **Permanent Endowments Funds** Permanent endowments funds are those funds with the original intention of using such funds to acquire assets to be held by charity forever and cannot therefore be spent on just any other purposes. The charity do not have any funds appropriated for the purpose of permanent endowments funds for period ending 30th November 2021. ## **ACM CHRIST ASSEMBLY MINISTRY (CHARITY )** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2021** The trustees are pleased to present their annual dirtectors' report tyogther with the financial statements of the charity which are also prepared to meet the requirement of the charity commission. The financial statements comply with the Charity Act 2011, and Reporting by Charities: Statements of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Standard applicable in the UK and Republic of Ireland (FRS 102) ( effective 1st January 2015) ## **Objectives and Activities** The ACM CHURCH ASSEMBLY was formed to provide supports for people emotionally in the community by encouraging them using the biblical tradion of the Lord Jesus Christ to believe in themselves. The church provides regular Sunday services as part of of the popular Christian 's tradition. The Church also provides midweek services and simlar social religious gathering of the people and members which include regular given of Holy Communion. By the providion of the above, we aim to enhance and develop the inhabitants' physical, mental and moral capacity so they able to contribute postively to society and thereby improve their quality of lif. Our aims fully reflect the purpose that the the organisation was set up further and has regard to the Charity Commision's guidance on public benefit. ## **Our Volunteers** The charity is grateful for the efforts of its volunteers who work an average of five hours per week for fifty weeks in different areas of the orgainsation's work. It is estimated that over 250 volunteers hours were provided during the year. If this is conservatively valued at £10.96 an hour the volunteer efforst amounts to about £2,740. There has been no change in the policies adopted to achieve our charitable objectives. ## **STRATEGIC REPORT** ## **Achievement and Performance** ACM CHURCH ASSEMBLY continue to deliver suports to the members and the community in Dartford ad it environment. The charity has performed well in the areas of supports for families and individual struggling with emotional, mental and relationship issues. Supports were provided to families in the area marriage coouncelling and prayers. ## **Plan for the future periods** The charity is looking at aquiring a building space as worhsip centre. There is also a plan to expand by starting another branch in either London or Sussex. The idea behind this is to reach out to more families struggling with spiritual, emotional and financial supports. This will alos provide a bridge of support creating a community of youth with hunger for spritual and emotional growth. |**Assets Schedule**
**Date**
**Asset Type**
**Number of Item Description**
Musical Equipment
2 RCF Speakers
Musical Equipment
1 Bass Speaker
Musical Equipment
1 Monitor Speaker
Musical Equipment
1 Mixer
Musical Equipment
1 Keyboard
Musical Equipment
10 Microphones
Musical Equipment
2 Cordless Microphone
Musical Equipment
1 Cordless Microphone
Musical Equipment
1 Set Drum
Musical Equipment
1 Drum Microphones
Musical Equipment
1 Shogun Video Editing
Musical Equipment
1 Microphones Stands
Addition
Office Fittings
1 Carpet
Office Fittings
1 Pulpits
addition
Office &IT Equipment
1 Projector
Office &IT Equipment
1 Project Stand
Office &IT Equipment
1 Apple Mac laptop
Additiom|**Amount**
**Depreciations Net Amount**
1,675.00
201.00
1,474.00
700.00
84.00
616.00
600.00
72.00
528.00
1,200.00
144.00
1,056.00
2,000.00
240.00
1,760.00
720.00
86.40
633.60
350.00
42.00
308.00
400.00
48.00
352.00
650.00
78.00
572.00
600.00
72.00
528.00
2,000.00
240.00
1,760.00
60.00
7.20
52.80
320.00
38.40
281.60
11,275.00
1,353.00
**9,922.00**| |---|---| ||100.00
12.00
88.00
750.00
90.00
660.00
-
-
-
850.00
102.00
**748.00**| ||750.00
90.00
660.00
250.00
30.00
220.00
1,789.00
214.68
1,574.32
320.00
38.40
281.60
**3,109.00**
**373.08**
**2,735.92**|