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2022-10-31-accounts

CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01 November 2021 Period start date To 31 October 2022 Period end date Charity name: The Omega New Grace Church Charity registration numbèr: 1189304 Objectives and Activities SORP ref8F•n Summary of the purposes of Pari 1.17 the chanty as sel out in ils 90veming document We are a place of worshlp, we exlgt to provlde a place for the communlty and surroundlng areas to go for help, guldance and support lead by God. Weekly worshlp servl¢e, blble studles and prayer meeting are the main serrfices we have. We also do feedlng programs for the community, we do outdoors worshlp on the street for people who are unable to or fearful of entering the building. Counselllng for ople In nèed, Job search and children groups weekly. We do homeless proje¢ts feeding and supportlng them, signlng postlng them to other sepilces as well. Trustea8 have followed all guldance glven by the Charlty Commisslon and we have had no188ues whalsoover In th18 regard8. Summary of the main activities in relation lo those purposes for the public benefit, in particular. the activities. projects or services identified in the accounts. Par• 1.17 gnd 1.19 Statement confirming whether the Iruslèes have had regard lo the guidance issued by the Charity Commission on public benefit P•r• 1.18 Additional Information loptlonal) You may choose to include further slalements where relevant about.. SORP Tel•fenc• Policy on grant making Pora 1.38 Policy on social investment including program related investment P•r• 1.38

All member3 donate towards each project that we do to help the people of God. whether giving their time, using thelr skllls or monetary contrlbutlon. Every adult pays theSr tithes and offerlng and also pledge8 to large vènturès. We have buslnesg women and men that vislt us and give toward8 the projects. PaM138 Conlribulion made by volunteers Olher Achievements and Performance SORP r•l•i•n Summary of the main achievements of the charity, identifying the difference the hanly s work has made lo the Gircumslan¢es of its beneficiaries and any wider benefits lo society as a whole. We have establS8hed a relatlon wlth the communlty of Bulwell we have done infant dedlcations, marriage counselllng. We have saved 1Sves from sulclde attempts by talking and praylng with them and managlng to take the weapon off her dlsposing of IL We have done feedlng programs we look after the community and pray wlth them. Young men havè ran off the street from trouble we have provlded shélter. We have provlded a place of refuse for the communlty and we hop8 to do more. P•r• 1,20 Additional Informatlon (optlonal) You may choose lo include further statements where relevant about.. We havo achleve most of the obJectlve8 set for 2021- 2022 slnce the end of COVID-19 we havo had 4 large events and made plans lo havo our charity concert and banquet to ralse funds for the homeless Christmas dinner. , Achievements against objectives sel Piri 141 We have 2021-22 started to make sets up towards meeting our fundraising targets and I believe we will achleve them In 2022-2023 as thlng8 are picking up from Covid. Performance of fundraising activities against objectives set P•ra 141

We have done a growth plan and In ordef ' to really help the vulnerable people of the community we have address some of the issues that we might have now. We have addressed our maln Issues of obtalnlng a blgger bulldlng. Investment performan againsl objectives Para 1.41 Other Financial Review Review of the charity's financial position at the end of the penod Pw• 1.21 Wo havo broken èven th18 year, wlth th• prlces of living 81owly increasing It ha$ beon a struggle for the church, but had an Inllux of new members Jolnlng so this show Improve our finances slgnlficantly. We havè no ro8eNe currontly. Slalemenl explaining the policy for holding resep4es staling why they are held Amount of reserves held P4r* 1.22 PITh122 Zoro held Reasons for holding zero reserves P•rn122 2021-22 we were stlll coverlng from effects of Covld-19. Details of fund materially in deficit Pw•124 Wo hove no fund• In deflclL Explanation of any uncertainties about the charity continuing as a going . concem I P•r•1 23 Thlng8 havo been Improvlng slnce the roopenlng of the church bullding, w? havè Since some posltlve change8 and we are certain they wlll get even better. Addltlonal Infomiatlon (optlonal) You may choose to indude further statements where relevant about.. Our maln source of funds Is from members contrlbutlons, tlthes and offerlngs only. We have had some regular vlsltors that have glven to tho cause and projects a8 wèll. Wè are worklng on some proJe¢l8 to crnato more funds for the communlty. Plans are In place for Investment for i 2022-2023. The charity's principal sources of funds (induding any fundraising) P•r• 1.47 Investment policy and objectives including any social inveslmenl policy adopted We have no r18k at present and do not foresee any arising 03 we have had some new members that has lolned recently that has a lot of skllls and recourses lo offer us. A description of the principal P•r• 146 risks lacing the charity

Other Structure, Governance and Management Description of chanty's Irusts.. Type of goveming document Para 1.25 Trustee deed How is the ¢harity constituted? Para 1 25 CIO-Assoclatlon rated 13SSJiialion CIOI . Trustee selection methods including details of any ¢onstitulional provisions e.g. election lo post or name of any person or body entitled to appoint one or more trustees Parn 1.2S Trustees aro elected by the committee board and are normally from the members of the church, any non- members elected to trustee must be done with a committee meeting. Additional Infonnatlon loptlonal) You may choose to indude further statements where relevant about.. Policies and procedures i adopted for the induction l and training of trustees Par• 1.51 We are working with the wldgr comrnunity getting to know the Pollce In the area and networking with other charities like the Chayah Development ProjecL The charity's organisational structure and any wider ne￿ork with which the charity works Para 1.51 Relationship with any related Para 1.5f parties Other Reference and Administrative detsils Charity name Other name the charity uses ,, The Omega New Grace Church

Registered tharity number Charity's principal address 1189304 The Clock Tower Bulwell Nottingham NG6 8HA Names of the charity Irustees who manage tho charity Dates acted if not lor whole y?¥r Namg of pernon {or body) entitled to appolnt tru$t¢O Ilf any) The whole committ8e TN8ts• nam• Office Ilf any) Sharon Manning Black Kimberly Bolt Chairlsenior Pastor From Nov12017 TreasurerlCo- chairlPastor From Novf2017 The whole ttimmtttee Lawford Bolt TeacherlPastor From Jan12021 The whole committee Tetla Hunler Hospitalityi Deacon From Jan12021 The whole Gommittee Tyeise Tucker Youthl Evangelist From Jan12021 The whole committee Corporate trustees - names of the directors at the date the report was approved Name of trustees holding lille to property belonging to the chartty . Tru•te• name O•ts• acted if not for whol• y•ar

Funds held as custodian trustees on behalf of others Descnption of the assets None held in Ihis capacity Name and objecls of the harity on whose behalf the assets are held and how this falls within the custodian chanty's obiecls nla Details of aThangements for safe custody and segregation of such assets from the charity's own assels nla Additional Inforniatlon loptional} Names and addrosses of advisors (Optional inforniallon Type of Name Address adviser Namo of chief execulive or names of senior staff members (Optional Infonnatlonl Exemptions from disclosure Reason for non￿lS￿o$ure of key personnel details Other optional information

Declarations The trustees declare that they have approved the tru8tee8' report above. Slgned on behalf of the charity's tfU8tee8 Slgnaturn{s) Full name(81 Kimberfy Bolt Position (eg Treasurer Secrntary, Chair, 6t¢) Date 21.12.2022

THE OMEGA NEW GRACE CHURCH

Charity REG.No 1189304

TRUSTEES' REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2022

ASAMAI CONSULTING LIMITED ACCOUNTANTS & BUSINESS ADVISORS 12 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
12 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 year ended 31st October 2022. 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 year amounted to -£908(Year 2020 was -£1470). All these have been unrestricted reserves and no fund is allotted to restricted projects.

2

THE OMEGA NEW GRACE CHURCH 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 year ended 31st October 2022 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:-

_____________

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 YEAR ENDED 31ST OCTOBER 2022

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
2022
2021
£
£
£
£
27,664
-
27,664
56,343
-
-
-
-
27,664
-
27,664
56,343
-
26,913
26,913
55,629
585
-
585
585
27,498
-
27,498
56,214
166
-
166
129
129
-
295
-
295
129

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 2022

NOTES
2022
£
£
FIXED ASSETS
Tangible Fixed Assets
10
-
CURRENT ASSETS
Cash at Bank and in Hand
295
Debtor
9
-
295
LESS CREDITORS
Amounts falling within one year
11
-
NET CURRENT ASSETS
295
LESS CREDITORS
Less Amounts falling due after more than one year
12
-
TOTAL ASSETS
295
CHARITY FUNDS
Restricted Funds
13
-
Unrestricted Funds
13
295
295
Aproval by the Board of Trustees on the _____and signed on its behalf by:		 2021
£
-
129
-
129
-
-
-
129
-
129
129

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 YEAR ENDED 31ST OCTOBER 2022

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 YEAR ENDED 31ST OCTOBER 2022

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 YEAR ENDED 31ST OCTOBER 2022

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
2022
2022
2022
2021
£
£
£
£
-
27,664
27,664
56,343
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Restricted
Unrestricted
Total
Total
Funds
Fund
Fund
Fund
2022
2022
2022
2021
£
£
£
£
-
27,664
27,664
56,343
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Restricted
Unrestricted
Total
Total
Funds
Fund
Fund
Fund
2022
2022
2022
2021
£
£
£
£
-
27,664
27,664
56,343
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
- 27,664
27,664
56,343
Restricted
Unrestricted
Total
Total
Funds
Fund
Fund
Fund
2022
2022
2022
2021
£
£
£
£
-
-
-
-
-
-
-
-
- -
-
-

9

THE OMEGA NEW GRACE CHURCH

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2022

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
2022
£
-
-		 Restricted
Funds
2022
£
-
-		 Unrestricted
Total
Total
Fund
Fund
Fund
2022
2022
2021
£
£
£
-
-
-
585
585
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		 Total
Total
2022
2021
£
£
£
-
-
1,596
1,596
-
-
-
1,596
1,596
-
Total
Total
2022
2021
£
£
£
2,520
2,520
3,696
11,833
11,833
20,004
-
-
-
308
308
-
720
720
720
-
-
-
16
16
-
741
741
2,090
2,915
2,915
2,808
-
-
14,896
533
533
2,160
-
-
-
1,920
1,920
3,811
3,811
3,811
5,444
-
-
-
-
25,317
25,317
55,629

10

THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2022

7. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE

Direct & Support Cost
Governance		 Depreciation
Other Costs
Total
Total
2022
2022
2022
2021
£
£
£
£
-
585
-
585
-
-
-
-
585
-
585

8. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES

Direct & Support Cost Activities
Undertaken
Support
Directly
Cost
Total
Total
[Note-5]
[Note-6]
2022
2022
2022
2021
£
£
£
£
1,596
25,317
26,913
55,629
1,596
25,317
26,913
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
Due Within One Year
Other Debtors
Prepayments
Accrued Income
Due after more than one year
Accrued Income
Loan		 2022
2021
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-

11

THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2022

10.TANGIBLE FIXED ASSETS
Cost At 1st November 2021
Additions
Disposals
At 31st October 2022
DEPRECIATION
At 1st November 2021
Charge for the year
Disposal
At 31st October 2022
NET BOOK VALUE AT 31ST OCT. 2022
NET BOOK VALUE AT 31ST OCT. 2021
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
2022
£
-		 2021
£
-
2021
£
-
-
-
-
-
-
-
2022
£
-
-
-
-
-
-
-

12

THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2022

12. CREDITORS 2022 2021 £ £ Amount falling after more than one year Acrued Expenses - - Other Creditors - - - - - Creditors include amounts not wholly repayable 2022 2021 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
£
£
£
£
129
27,664
27,498
295
-
-
-
-
-
-
-
-
129
27664
27498
295
Brought
Incoming
Resources
Carried
Forward
Resources
Expended
Forward
£
£
£
£
129
27,664
27,498
295
-
-
-
-
-
-
-
-
129
27,664
27,498
295
Restricted
Unrestricted
Total
Total
Funds
Funds
Funds
Funds
2022
2022
2022
2021
£
£
£
£
-
-
-
-
-
-
-
-
-
295
295
129
-
-
-
-
-
-
-
-
-
295
295
129

15. RELATED PARTY TRANSACTIONS

13

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE OMEGA NEW GRACE CHURCH We report on the finanoal statemènts of the charity for the year ended 31st October 2022 which are set out below and notes to the financ￿1 stsl8m8nts on pages 7 to 13 Rès ctiv• Res on staas and Exarnin As Ihe charity s Trusts8s. you aré rèspwslb￿ for pwaration of the accounts.. It ￿ our responsibillty lo slate on thtr basi5 of procedures spetified in the gerEral direclK)ns given by the chanly commissioners under seclh)n 43171 of the act, whelher p8rticuL8r mattws have Thyre lo our attent￿. Ind• dènt Examiner Ourexaminabon wa5 Carr￿ out in acCtrdan￿ ¥Yilh the ger￿f81 direct￿n$ gwen by fv charity c¢mmission8r5. An examinalh?n indL*les review ofaG¢ounlin9 reo)rds kept by the TFu5tees 8TrJ a comparison ofacix>unts presented witr those records. 11 also In&￿e$ consideration of any unusual118ms or disdosures in the 8Cco￿lS 8rKI seèk¥ explainabons from you as th8 Tnjslees conceming any such matters. The procedures und8rtak8n do rti pfovKle all the evldenc& thai would be requiretl In an arK1 con5equenlywe do not 8xpress an audit0pin￿n on the vlevl given by the acoiunts. d8 ndent Examiner In ￿nneCti(￿ wth the 8xamlnaUon. no matter h85 come lo our8tt8ntion:. t) W￿Ch give u5 rea50nabk cause lo b81i&vè thal in any mat8rf81 respectth& requ1￿MentS 111 to keèp èccounling re¢ords In accordano Mth section 41ef the Act and li51 to prtrpare accounts which accordwlth thè accounting rewrds and lo COM￿y¥￿1h tht accouniing raquirements Of￿ Act have not b6&n mèt or 21 to which. in our opinKn. attention $lN)uld be drawn in order lo enab￿ a proper und8rstsndSng of tthe atcountto be reached Mr. Christopher Jarlou F¢¢A CPFA MBA. Msc FFTA FFAthPA MAAT CHIEFEXEcufivE OFFICER ASAMAI CONSUL TIAIG Dated.. 31