CHARITY RECEIPTS AND PAYMENTS ACCOUNTS
----- Start of picture text -----
ACM CHRIST ASSEMBLY MINISTRY
STATUTORY ACCOUNTS
CHARITY
FOR THE YEAR ENDED
30 NOVEMBER 2020
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:
----- End of picture text -----
ACM CHRIST ASSEMBLY MINISTRY
1189122
Statement of Financial Activities (SOFA) for the year ended 30TH NOVEMBER 2020
| Notes to | Designated | ||||
|---|---|---|---|---|---|
| the | General Fund | Funds | Restricted | Endowment | Total |
| accounts | (Unrestricted) |
(unrestricted) | Funds | Funds | 30/11/2020 |
| £ | £ | £ | £ | £ | |
| Income | |||||
| 2 Donations | 4,312 | 1,000 | - | 5,312 | |
| 3 Gift aid | - | - | - | - | |
| 4 Interest and investment income | - | - | - | - | |
| 5 Income from investment properties | - | - | - | - | |
| 6 Internal organisations | - | - | - | - | |
| 7 Other charitable income | - | - | - | - | |
| 8Total income | 4,312 | 1,000 | - | - | 5,312 |
| Expenditure | |||||
| 10 Grants and donations | - | - | - | - | - |
| 11 Property maintenance | 455 | - | - | - | 455 |
| 12 Insurance,utilities etc | - | - | - | - | - |
| 13 Depreciation | - | - | - | - | - |
| 14 Office expenses | 86 | - | - | - | 86 |
| 15 Legal & Professional Services | 500 | - | - | - | 500 |
| 16 Charity Activities | 1,824 | - | - | - | |
| 17 Internal organisations | - | 570 | - | - | 570 |
| 18Total charitable expenditure | 2,864 | 570 | - | - | 1,611 |
| 19 Gains/(losses) on monetary investments | - | ||||
| 20 Gains/(losses) on investment properties | - | ||||
| 21Net income/(expenditure) | 1,448 | 430 | - | - | 1,878 |
| 22 Transfers between funds | - | ||||
| 23 Other gains/(losses) | - | ||||
| 24Net movement in funds | 1,448 | 430 | - | - | 1,878 |
| 25 Total funds brought forward | - | ||||
| 26 Total funds carried forward | 1,448 | 430 | - | - | 1,878 |
ACM CHRIST ASSEMBLY MINISTRY
1189122
Balance Sheet as at 30 NOVEMBER 2020
| Fixed Assets | Notes to the Accounts |
General Fund (Unrestricted) £ |
Designated Funds (Unrestricted) £ |
Restricted Funds £ |
Endowment Funds £ |
Totals 2020 £ |
Totals 2019 £ |
|
|---|---|---|---|---|---|---|---|---|
| Musical Equipment | 9,640 | 9,640 | ||||||
| Furniture & Fittings | 748 | 748 | ||||||
| IT Equipment | 2,454 | - | 2,454 | |||||
| Total fixed assets | 12,843 | - | - | - | 12,843 | - | ||
| Current Assets | ||||||||
| Debtors andprepayments | - | |||||||
| Loans bythe Churches | - | - | ||||||
| Investments with TMCP | - | |||||||
| Central Finance Board Deposits | - | |||||||
| Cash at Bank and in hand | - | 7,773 | 7,773 | |||||
| Total current assets | - | 7,773 | - | - | 7,773 | - | ||
| Current liabilities | ||||||||
| Creditors (due in under 1 year) | 4,700 | 4,700 | ||||||
| Grantspayable within 2019 20 | - | |||||||
| Total current liabilities | 4,700 | - | - | - | 4,700 | - | ||
| Net current assets/liabilities | 4,700 - |
7,773 | - | - | 3,073 | - | ||
| Total assets less current liabilities | 8,143 | 7,773 | - | - | 15,916 | - |
| Long term liabilities (due after more than one year) |
||||||||
|---|---|---|---|---|---|---|---|---|
| Grantspayable after 2020-21 | - | |||||||
| Loans to the Church | 4,700 | 4,700 | ||||||
| - | ||||||||
| Net assets | 8,143 | 3,073 | - | - | 11,216 | - |
Funds of the Church
| Funds of the Church | ||||||||
|---|---|---|---|---|---|---|---|---|
| General Fund(Unrestricted) | 8,143 | - | 8,143 | |||||
| Designated Funds(Unrestricted) | 3,073 | 3,073 | ||||||
| Total Unrestricted Funds | 11,216 | - | ||||||
| Restricted Funds | - | - | ||||||
| Endowment Funds | - | - | ||||||
| Total Funds | 8,143 | 3,073 | - | - | 11,216 | - |
Signed
Olanike Moradeyo Charity Treasurer
ACM CHRIST ASSEMBLY MINISTRY (CHARITY )
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2020
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.
Income By Months Source/ Customers
April May June July August SeptemberOctober November December January February March April Total Offering, Tithes & Giving 3151.5 2160.76 5,312.26 Loan 4700 4,700.00 10,012.26
Expenses
| Expenses | |
|---|---|
| By Months April - Sept Rent April - Sept Charity Registration April - Sept Zoom Subscriptions April - Sept Honorarium & Prophetic Offering April - Sept Flyers, Adverts & Books April - Sept Evangelism & Others October- December Zoom Subscriptions October- December Honorarium & Prophetic Offering October- December Flyers, Adverts & Books October- December Evangelism & Others January - March Zoom Subscriptions January - March Honorarium & Prophetic Offering January - March Flyers, Adverts & Books January - March Evangelism & Others April -June Zoom Subscriptions April -June Instruments April- Junes Honorarium & Prophetic Offering April Flyers, Adverts & Books April -June Evangelism & Others July -September BBL Repayments July -September Rent July -September Zoom Subscriptions July -September Instruments July -September Honorarium & Prophetic Offering July -September Flyers, Adverts & Books July -September Evangelism & Others October- Novemver BBL Repayments October- Novemver Rent October- Novemver Zoom Subscriptions October- Novemver Honorarium & Prophetic Offering October- Novemver Evangelism & Others |
Charitable activities , Grant & Donation Assets Premises Expenses Insurance & Utilities Depreciati ons Office Expenses Other Expenses Internal Organisati on & Governan ce 454.5 570 43.17 835 141.09 250 ??? ???? 43.17 300 100.39 197.09 1823.57 454.5 86.34 570 |
| 43.17 195 8 3.49 43.17 796.91 150 181 38.85 175.96 797.5 43.17 239.8 50 37.19 256.1 263.12 2233 43.17 50 567 |
| Asset | Schedule | ||||
|---|---|---|---|---|---|
| Date | Asset Type | Number of Item Description | Amount | Depreciations | Net Amount |
| Musical Equipment | 2 RCF Speakers | 1,675.00 | 201.00 | 1,474.00 | |
| Musical Equipment | 1 Bass Speaker | 700.00 | 84.00 | 616.00 | |
| Musical Equipment | 1 Monitor Speaker | 600.00 | 72.00 | 528.00 | |
| Musical Equipment | 1 Mixer | 1,200.00 | 144.00 | 1,056.00 | |
| Musical Equipment | 1 Keyboard | 2,000.00 | 240.00 | 1,760.00 | |
| Musical Equipment | 10 Microphones | 720.00 | 86.40 | 633.60 | |
| Musical Equipment | 2 Cordless Microphone | 350.00 | 42.00 | 308.00 | |
| Musical Equipment | 1 Cordless Microphone | 400.00 | 48.00 | 352.00 | |
| Musical Equipment | 1 Set Drum | 650.00 | 78.00 | 572.00 | |
| Musical Equipment | 1 Drum Microphones | 600.00 | 72.00 | 528.00 | |
| Musical Equipment | 1 Shogun Video Editing | 2,000.00 | 240.00 | 1,760.00 | |
| Musical Equipment | 1 Microphones Stands | 60.00 | 7.20 | 52.80 | |
| Office Fittings | 1 Carpet | 100.00 | 12.00 | 88.00 | |
| Office Fittings | 1 Pulpits | 750.00 | 90.00 | 660.00 | |
| Office &IT Equipment | 1 Projector | 750.00 | 90.00 | 660.00 | |
| Office &IT Equipment | 1 Project Stand | 250.00 | 30.00 | 220.00 | |
| Office &IT Equipment | 1 Apple Mac laptop | 1,789.00 | 214.68 | 1,574.32 | |
| 12,805.00 | 1,536.60 | 11,268.40 |