CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01 May 2020 Period start date To 31 Oclober 2021 Period end date Charity name: The Omega New Grace Church Charity registration number: 1189304 Objectives and Activitles SORP reknfK• Summary of the purpK)ses of the charity as set OLrt in its goveming dcument P•rn 1.17 We arn a place of worship. we exist to provide a place forthe community and surrounding aveas go for help, guidance and support lead by God. Weekly worship service. bible studies and prayer meeting are the main services. We also do feeding programs for the community, we do outdoors worship on the street Counselling for people in need, Job search and chlldren groups weekly. Trustees have followed all guidance given by the Charity Commission and wo have no issues whatsoever in this regards. Summary of the main activit'es in relatson to those purposes for the public benefft. in particular. the activities, proiects or services identsfied in the P•rn 1.17 4rxb ststement confimiing whether Ihe trustees have had regard to the guidance issued by the Charity Commission on 1xj￿iC benefit Parn 1.18 Additional information (optionall You may choose to include further ststements where relevant about.. SORP r•lerent• Policy on grant making P4rn130 Policy on S￿la1 investrnent induding prch3ram related invesbment P•R 12e All members donate towards each project that is done to help the people of God, whether giving their time, using their skills or monetary contribution. Contritmjtion made by volunteers rn1.38 Other Achievements and Performance SORP rvlMen¢• Summary of the main achievements of the ch*ity. idenbfying the difference the charity's WDrk has made to the circumstarKes of its beneficiaries and any v#ider beneffts to society as a whole. We have established a relation with the Community of Bulwell we have done infant dedications. marriage counselllng. We have saved lives from suicide attempt by talktng and praying with them managing to take the weapon and disposing of it. When have done feeding program looking afterthe community and praying with them. Young men have ran off the street from trouble we have provide shelter. We have provided a place of refuse for the community and we hope to do more. P•rn 120 Additional infonnation loptionall You may choose to indude further statements where relevant about.. We have achieve most of the objectives set for 2020-2021 unfortunately some were placed on hold due to COVID-19 due to the lack of meeting in person, but will reset these for 2021-2022. Achievements agairst objedives set P•rn 1.41 We have not been able to do large fundraising we have not met the objectives because of COVID-19. We have carried this forward to 2021-22. PerfomiarKe of fundraisir activitie5 aganst obj'ectives set We have no investment objectives until we have met our fundraising obpctives. InveStrn￿t perfomiance against obJth8S P•rn 1.41 Financial Review Revithv of the tharity's finanaal posrtion at the erKI of the period P4rn121 We have broken even with all our donations and expenses, we have done well considering the closure of the ¢hurch in the pandemic. Have no policy in place at this present time, due to the pandemic we have no reseThes. Statemerrt explaining tr policy for holding reseNes stsb'ng why they are held Arn(￿nt of reseryes held Reasons for holdiro zero reserves P•r• 122 Para 1.22 Zero held r• 122 COVID-19 has left us with overdue bills due to the lack of donations as it was harder to motivate the members in lockdown, we have lost members and members lots theiremployment as v￿11, which has a big impact on the Church. There is no deficit. Details of fLfftd materially in defiat rn124 Explanation of any uncelL￿n￿.eS about the tharity continuiNJ as a gcAng COn￿M Parn123 We are still going thing have improved since the opening back of the church building, we are positive that things will continue to improve passed COVIO-19. Additional inforniation (optionall You may choose to indude further slatements where relevant about: Our main source of funds is from members contributtons, tithes and offerings only. No fundraising done in 2020-21. The charity's wirrjp sources of fuTKls (induding any fundraising) Parn 1.47 Invesknent policy and objethves irKluding any social investment policy adopted Par• 1.46 A descriptiw of the FxirKipal risks ￿1r0 the charity P•rn14fj Structure, Governance and Management Description of thaity's trusts: Type of goveming dwment Para I Trust deed How is the chanty constituted? i e g unincorporated a%ciation Trust* selectton metlM)ds including details of any constituti'onal prov1￿mS e.9. election to wst or name of any person (x body entrtled to appThnt ¢)ne or mo trustees PaTa 125 Trustees are elected by the committee board and are nornially from the members of the church, any non- members elected to trustee must be done with a committee meeting. Additional infornlation (optionall You may choose to indude further statements where relevant about: Policies and pro￿ureS adopted for ts indu￿10￿ trainirvj of trustees Pala 1.51 The charivs C*gaThsatl￿ strucknre any Y￿der network with whith the tharity woths Parn 151 Relationship with any rdated parties P•ry 151 Reference and Administrative detsils Charity name Other name the chanty uses Registe￿￿ (tharity number The Omega New Grace Churth 1189304 Charitys principal address The Clod( TcMEr BUWI NottirMJham NG6 8HA Names of the charity trustees who manage the charity Trustee name Dates Xted If nrA lor whole year Name of person lor body) entitkd to apF￿int trustee Irf any) The whole committee Ollk* Olanyl Sharc Manning Blac Kimberly Bdt chair1￿10r Pastor Fr￿ Novf2017 Treasurerlco ￿￿1r/PastOr From Novf2017 The whole committee TeactrwlPastor From Janf2021 The %thole committee Teua H￿ter Hospttatyi De&on Frcvn Janf2021 The whole committee Tyeise Tud( From Jan12021 The vthole committee Evangelist Ciwate trustees - names of the drectors at the date the report was approved Diff*tor ftam? Name of trustees hdding tille to belonging to the charity Funds held as custodian trustees on behalf of others Desrxiptirm of assets held in Ihis capa(ity None Name arvj oty'ects of the charity on vhK)se behalf the assets a￿ held and ho•V th'ls falls V￿thin the custodian charity's obj'ects Details of arrangements for safe custody and segregabon of suth assets from the charity's assets nla Additional infom)ation (optionall Narnes and addresse5 of advtsers (Optional infonnationl Type of Name Address adviser Name of Chief executive or names of senlor staff members (Optional infonnationl Exemptions from disclosure Reason for non-disclosure of key personnel details Other optional Information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signaturels) Full name{s) Kimberly Bolt Position (eg Secretary, Chair, etc) Treasurer 21.09.2021 ## **THE OMEGA NEW GRACE CHURCH** **Charity REG.No 1189304** **TRUSTEES' REPORT AND ACCOUNTS FOR THE PERIOD ENDED 31ST OCTOBER 2021** **ASAMAI CONSULTING LIMITED ACCOUNTANTS & BUSINESS ADVISORS 8B BRITON STREET LEICESTER LE3 0AA** **Tel: 01163195972 Fax: 01162252154 Fax: 07723363184** **THE OMEGA NEW GRACE CHURCH** |**CONTENT**||| |---|---|---| ||**Page**|| |**Trustees and Advisers**|
**1**|| |**Trustees' Report**|
**2 &3**|| |**Independent Examiner`s Report to the Trustees**|
**4**|-| |**Statement of Financial Activities**|
**5**|| |**Balance sheet**|
**6**|| |**Notes forming part of the Financial Statement**|**7 to 13**|| ## **THE OMEGA NEW GRACE CHURCH** ## **LEGAL AND ADMINISTATIVE INFORMATION** **Trustees:** Sharon Manning-Black (Chair) Tetla Hunter (Trustee) Lawford Bolt ( Trustee) Tyeise Tucker (Trustee) Kimberly Bolt (Trustee) **Registered Office:** The clock tower Commercial Road Nottingham NG6 8HA **Charity No.** 1189304 **Bankers:** Natwest Bank Plc **Accountants** ASAMAI CONSULTING LIMITED ACCOUNTANTS & BUSINESS ADVISORS 8B BRITON STREET LEICESTER LE3 0AA **1** ## **THE OMEGA NEW GRACE CHURCH TRUSTEES REPORT** The Trustees have pleasure in submitting their report and accounts for the period ended 31st October 2021. The financial statements have been prepared in accordance with the accounting policies set out on pages 7 to 8 and comply with the statement of Recommended Practice (SORP March 2005), and the applicable law. ## **Structure, Governance and Management** ## **Constitution** The Charity is constituted under a Trust Deed dated 01 May 2020 and Charity number is 1189304, on the central register of the Charity Commission of England and Wales. The principal objectives of the Charity is to provide counselling and help with job hunting. Family support for with food, schools issues etc. ## **Method of Appointment or Election of Trustees** The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust Deed. ## **Organisational Structure and Decision Making** The Charity is organised so that the trustees meet regularly to manage its affairs. ## **Related Party Relationships** There are no related party relationships during the period under review ## **Development activities and achievements in the year** See the trustee's report attached ## **Risk Policy** The Trustees have assessed the major risks to which the Charity is exposed, particularly those relating to the operations and finance and are satisfied with the risk management systems in place to mitigate any risk exposure. ## **Future Developments** See the trustee's report attached ## **Review of financial Position** The net incoming resources for the period amounted to £129(Year 2020- £ 0). All these have been unrestricted reserves and no fund is allotted to restricted projects. **2** ## **CHAYAH DEVELOPMENT PROJECT LTD TRUSTEES REPORT CONTINUED** ## **Reserve Policy** The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets [the free reserves] held by the charity should be 3 months of annual expenditure. At this level, the trustees feel that they would be able to continue the current activities of the charity in the event of significant drop in funding. ## **Principal Funding** The main funding comes from church members in the form of tithes, offerings and seeds. ## **Statement of Trustees’ Responsibilities** The Charities Act requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the surplus or deficit of the charity for that period. of the state of affairs of the charity and In preparing those financial statements, the trustees are requested to: - **I** Select suitable accounting policies and then apply them consistently; **ii** Make judgements and estimates that are reasonable and prudent; - **iii** State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; - **iv** Prepare the financial statements 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 which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993 [as amended by Act 2006]. 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. ## **Trustees and other information** The members of the Board of Trustees who served during the year were: Sharon Manning-Black (Chair) Tetla Hunter (Trustee) Lawford Bolt ( Trustee) Tyeise Tucker (Trustee) Kimberly Bolt (Trustee) signed on its behalf by: Sharon Manning-Black(Chair) Secretary to the Board Of Trustees **3** ## **INDEPENDENT EXAMINER`S REPORT TO THE TRUSTEES OF THE OMEGA NEW GRACE CHURCH** We report on the financial statements of the charity for the period ended 31st October, 2021 which are set out below and notes to the financial statements on pages 7 to 13 ## **Respective Responsibilities of Trustees and Examiners** As the charity`s Trustees, you are responsible for the preparation of the accounts; It is our responsibility to state on the basis of procedures specified in the general directions given by the charity commissioners under section 43 (7) of the act, whether particular matters have come to our attention. ## **Basis of Independent Examiner`s Report** Our examination was carried out in accordance with the general directions given by the charity commissioners. An examination includes review of accounting records kept by the Trustees and a comparism of accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explainations from you as the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts. ## **Independent Examiner`s Statements** In connection with the examination, no matter has come to our attention:- - 1) Which give us resonable cause to believe that in any material respect the requirements (I) to keep accounting records in accordance with section 41of the Act and - (ii) to prepare accounts which accordwith the accounting records and to comply with the accounting requirements of the Act have not been met or - 2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accountto be reached ## _______________________________________________________ ## **Mr. Chris Jarjou FCCA CPFA MBA, MSc FFTA FFA/IPA MAAT** _**CHIEF EXECUTIVE OFFICER ASAMAI CONSULTING**_ Dated : _______________ **4** ## **THE OMEGA NEW GRACE CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31ST OCTOBER 2021** |NOTES
**INCOMING RESOURCES**
**Incoming resources from generated funds:**
Voluntary income
2
Investment income
3
**Total Incoming Resources**
**RESOURCES EXPENDED**
Charitable activities
**8**
Governance Costs
**4**
**Total Resources Expended**
7
**Net Movement in funds**
Total Funds Brought Forward
**Total Funds Carried Forward**|**UNRESTRCTED FUND**
**RESTRICTED FUND**
**TOTAL FUND**
**TOTAL FUND**
**2021**
**2020**
£
£
£
£
56,343
-
56,343
-
-
-
-
-| |---|---| ||**56,343**
**-**
**56,343**
**-**| ||-
55,629
55,629
-
585
-
585
-| ||**56,214**
-
**56,214**
**-**| ||129
-
129
-
-| ||**129**
**-**
**129**
**0**| There were no recognised gains or loses for the period other than those included in the statement of Financial activities ## **The notes on pages 7 to 13 form part of these accounts.** **5** ## **THE OMEGA NEW GRACE CHURCH BALANCE SHEET AS AT 31ST OCTOBER 2021** |**NOTES**
**£**
**FIXED ASSETS**
Tangible Fixed Assets
**10**
**CURRENT ASSETS**
Cash at Bank and in Hand
-
Debtor
**9**
-
**-**
**LESS CREDITORS**
Amounts falling within one year
**11**
-
**NET CURRENT ASSETS**
**LESS CREDITORS**
Less Amounts falling due after more than one year
**12**
**TOTAL ASSETS**
**CHARITY FUNDS**
Restricted Funds
**13**
Unrestricted Funds
**13**
**Aproval by the Board of Trustees on the _________________and signed on**|**£**
-
-|**2021**
**£**
-
**0**
-
**0**
-
129
**129**
**its behalf by:**|**2020**
**£**
-
-
-| |---|---|---|---| ||**-**
-||**-**
-
**-**
-| ||||**-**| ||||-
-| ||||**-**| ||||| ____________________________________ Chairman (Board of Trustees) **The notes on pages 7 to 13 form part of these accounts.** **6** ## **THE OMEGA NEW GRACE CHURCH NOTE TO THE ACCOUNTS FOR THE PERIOD ENDED 31ST OCTOBER 2021** ## 1 **Accounting Policies** ## 1.1 **Basis of preparation of accounts** The accounts are prepared under the historical cost convention, with the exception of investment which are included at market value and include the results of the Charity operations which are described in the Trustees' Report and all of which are continuing. The accounts have been prepared in accordance with the Statement of Recommended Practice (SORP March 2005) For Charity Accounts and the Charities Act 1993 [as amended by Act 2006] The Charity has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cashflow statement on the grounds that it qualifies as small charity. ## 1.2 **Tangible Fixed Assets for use by the Charity and Depreciation** All fixed assets costing £250 or more are capitalised at cost. Tangible fixed assets for use by the Charity are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |Freehold Property|Nil|| |---|---|---| |Motor Vehicle|25%|Reducing Balance| |Fixtures & Fittings|25%|Reducing Balance| |Church Equipment|25%|Reducing Balance| |Computer Equipment|20%|Reducing Balance| ## **1.3 Incoming Resources** ## **Main Income** The Main income is from church members in the form of tithes, offerings and seeds : **7** ## **THE OMEGA NEW GRACE CHURCH** ## **NOTE TO THE ACCOUNTS FOR THE PERIOD ENDED 31ST OCTOBER 2021** ## **1.4 Value Added Tax (VAT)** Value Added Tax is not recoverable by the Charity, and as such is included in the relevant cost in the Statement of Financial Activities. ## **1.5 Resources Expended** Resources expended are included in the Statement of Financial Activities on accruals basis. Certain costs have been apportioned between Direct Charitable Expenditure and Management and Administration on bases consistent with the use of those resources. Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grant being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to condtions which have not been met at the year end are noted as a commitment, but not accrued as expenditure. ## **1.6 Funds Accounting** Funds held by the Charity are: **Unrestricted General Fund - General** Funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. **Restricted Funds -** which were raised for particular restricted purposes and can only be used for those particular restricted purposes within the objects of the Charity.The cost of raising and administering such funds are charged against the specific fund. Investment income, gains and losses are allocated to the approprate fund. **8** ## **THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2021** |**2. VOLUNTARY INCOME**
**Total Voluntary Income**
**3. INVESTMENT INCOME**
Rental Income
Bank Interest Receivable
**Total Investment Income**|**Restricted**
**Unrestricted**
**Total**
**Total**
**Funds**
**Fund**
**Fund**
**Fund**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
£
-
56,343
56,343
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Restricted**
**Unrestricted**
**Total**
**Total**
**Funds**
**Fund**
**Fund**
**Fund**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
£
-
56,343
56,343
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Restricted**
**Unrestricted**
**Total**
**Total**
**Funds**
**Fund**
**Fund**
**Fund**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
£
-
56,343
56,343
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| |---|---|---|---| |||**-**|**56,343**
**56,343**
-| ||**Restricted**
**Unrestricted**
**Total**
**Total**
**Funds**
**Fund**
**Fund**
**Fund**
**2021**
**2021**
**2021**
**2,020**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-||| |||-|-
-
-| **9** ## **THE OMEGA NEW GRACE CHURCH** **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2021** |**4. GOVERNANCE COSTS**
Accountancy & Independent Examiners
Legal and Professional Fees
**5. DIRECT COSTS**
Wages & Salaries
Pension
P A Y E & NIC
**6. SUPPORT COSTS**
Water Rate
Rent
Subscriptions
Printing, Postage and Stationary
Telephone & Internet
Bank Charges/Insurances/Licences
Sundry Expense
Travel Expenses
Electricity, Gas
Consultancy
Staff Welfare
Training & Development
Repairs & Renewals
Equipment hire
General Welfare|**Restricted**
**Funds**
**2021**
**£**
-
-|**Restricted**
**Funds**
**2021**
**£**
-
-|**Unrestricted**
**Total**
**Total**
**Fund**
**Fund**
**Fund**
**2021**
**2021**
**2020**
**£**
**£**
**£**
-
-
-
585
585
-|**Unrestricted**
**Total**
**Total**
**Fund**
**Fund**
**Fund**
**2021**
**2021**
**2020**
**£**
**£**
**£**
-
-
-
585
585
-| |---|---|---|---|---| |||**-**||**585**
**585**
**-**| ||**Basis of**
**Allocation**
Actual
Actual
Actual
**Basis of**
**Allocation**
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual|||**Total**
**Total**
**2021**
**2020**
**£**
**£**
**£**
-
-
-
-
-
-| |||||**-**
**-**
**-**| |||||**Total**
**Total**
**2021**
**2020**
**£**
**£**
**£**
3,696
3,696
20,004
20,004
-
-
-
-
-
720
720
-
-
-
-
2,090
2,090
2,808
2,808
14,896
14,896
2,160
2,160
-
-
3,811
3,811
5,444
5,444
-
-
-
-| |||||**55,629**
**55,629**
**-**| **10** ## **THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2021** ## **7. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE** |**Depreciation**|**Other Costs**|**Total**|**Total**|| |---|---|---|---|---| |**2021**|**2021**|**2021**|**2020**|| |**£**|**£**|**£**|**£**|| |Direct & Support Cost
-|-|-||-| |Governance
-|585|-||-| |**-**|**585**|**-**||**-**| |**8. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES**||||| |**Activities**||||| |**Undertaken**|**Support**|||| |**Directly**|**Cost**|**Total**|**Total**|| |[Note-5]|[Note-6]|||| |**2021**|**2021**|**2021**|**2020**|| |**£**|**£**|**£**|**£**|| |Direct & Support Cost
-|55,629|55,629||-| |**-**|**55,629**|**55,629**||**-**| The average number of staff employed by the Charity during the year was X (2019 X) No Trustee has received remuneration in the year. No expenses have been reimbursed to any of the Trustees. No Employees whose emoluments exceeded £50,000. No Trustee received any benefit in kind ## **9. DEBTORS** |**9. DEBTORS**
**Due Within One Year**
Other Debtors
Prepayments
Accrued Income
**Due after more than one year**
Accrued Income
Loan|**2021**
**2020**
**£**
**£**
-
-
-
-
-
-| |---|---| ||**-**
-
-
-
-
-| ||**-**
**-**| **11** ## **THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2021** |**10.TANGIBLE FIXED ASSETS**
**Cost At 1st November 2020**
**Additions**
**Disposals**
**At 31st October 2021**
**DEPRECIATION**
**At 1st November 2020**
**Charge for the year**
**Disposal**
**At 31st October 2021**
**NET BOOK VALUE AT 31ST OCT. 2021**
**NET BOOK VALUE AT 31ST OCT. 2020**
The net book value of assets held unde
as follows
Motor Vehicle
**11. CREDITORS**
**Amount falling due within one ye**
Acrued Expenses
Bank Overdrafts|**Freehold & Property**
**£**
-
-
-||**Motor Vehicle**
**£**
-
-
-|**Equipmen F & Fittings**
**£**
-
-
-|**Computer**
**Equipment**
**TOTAL**
**£**
**£**
-
-
-
-
-
-| |---|---|---|---|---|---| ||**-**||**-**|**-**|**-**
**-**| ||-
-
-||-
-
-|-
-
-|-
-
-
-
-| ||**-**||**-**|**-**|**-**
**-**| ||||||| ||**-**||**-**|**-**|**-**
**-**| ||**-**||**-**|**-**|**-**
**-**| ||r finance leases or
**ar**|hire|purchase contracts, included above are
**2021**
**£**
-||**2021**
**£**
-
**2020**
**£**
-
-
-
-
-
-
-| ||||||| ||||**2021**
**£**
-
-
-
-
-
-||| ||||**-**||| **12** ## **THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2021** **12. CREDITORS 2021 2020 £ £ Amount falling after more than one year** Acrued Expenses - - Other Creditors - - - - - Creditors include amounts not wholly repayable **2021 2020** within 5 years as follows: **£ £** Repayable by instalments - - - - |**13. STATEMENT OF FUNDS**
**Unrestricted Funds**
General Funds- all funds
**Restricted Funds**
Building Fund
**Total of Funds**
**SUMMARY OF FUNDS**
General Funds
Restricted Funds
**14. ANALYSIS OF NET ASSETS BETWEEN-**
**FUNDS**
Tangible Fixed Assets
Debtors Due after more than 1 Year
Current Assets
Creditors Due within one year
Creditors Due in more than one year|**Brought**
**Incoming**
**Resources**
**Carried**
**Forward**
**Resources**
**Expended**
**Forward**
**£**
**£**
**£**
**£**
-
56,343
56,214
129
-
-
-
-
-
-
-
-| |---|---| ||**-**
**56343**
**56214**
**129**| ||**Brought**
**Incoming**
**Resources**
**Carried**
**Forward**
**Resources**
**Expended**
**Forward**
**£**
**£**
**£**
**£**
-
56,343
56,214
129
-
-
-
-
-
-
-
-| ||**-**
**56,343**
**56,214**
**129**| ||**Restricted**
**Unrestricted**
**Total**
**Total**
**Funds**
**Funds**
**Funds**
**Funds**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| ||**-**
**0**
**0**
**-**| **15. RELATED PARTY TRANSACTIONS** **13** ## **INDEPENDENT EXAMINER`S REPORT TO THE TRUSTEES OF THE OMEGA NEW GRACE CHURCH** We report on the financial statements of the charity for the period ended 31st October, 2021 which are set out below and notes to the financial statements on pages 7 to 13 ## **Respective Responsibilities of Trustees and Examiners** As the charity`s Trustees, you are responsible for the preparation of the accounts; It is our responsibility to state on the basis of procedures specified in the general directions given by the charity commissioners under section 43 (7) of the act, whether particular matters have come to our attention. ## **Basis of Independent Examiner`s Report** Our examination was carried out in accordance with the general directions given by the charity commissioners. An examination includes review of accounting records kept by the Trustees and a comparism of accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explainations from you as the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts. ## **Independent Examiner`s Statements** In connection with the examination, no matter has come to our attention:- - 1) Which give us reasonable cause to believe that in any material respect the requirements (I) to keep accounting records in accordance with section 41of the Act and - (ii) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met or - 2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accountto be reached ## Chris Jarjou _______________________________________________________ ## **Mr. Chris Jarjou FCCA CPFA MBA, MSc FFTA FFA/IPA MAAT** _**CHIEF EXECUTIVE OFFICER ASAMAI CONSULTING**_ Dated : 4th November 2022