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
neork 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$t¢O
Ilf any)
The whole committ8e
TN8ts• nam•
Office Ilf any)
Sharon
Manning Black
Kimberly Bolt
Chairlsenior
Pastor
From Nov12017
TreasurerlCo-
chairlPastor
From Novf2017
The whole ttimmtttee
Lawford Bolt
TeacherlPastor
From Jan12021
The whole committee
Tetla Hunler
Hospitalityi
Deacon
From Jan12021
The whole Gommittee
Tyeise Tucker
Youthl
Evangelist
From Jan12021
The whole committee
Corporate trustees - names of the directors at the date the report was approved
Name of trustees holding lille to property belonging to the chartty
. Tru•te• name
O•ts• acted if not for whol• y•ar
Funds held as custodian trustees on behalf of others
Descnption of the assets
None
held in Ihis capacity
Name and objecls of the
harity on whose behalf the
assets are held and how this
falls within the custodian
chanty's obiecls
nla
Details of aThangements for
safe custody and
segregation of such assets
from the charity's own assels
nla
Additional Inforniatlon loptional}
Names and addrosses of advisors (Optional inforniallon
Type of Name
Address
adviser
Namo of chief execulive or names of senior staff members (Optional
Infonnatlonl
Exemptions from disclosure
Reason for nonlSo$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:-
- 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 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 **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 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 financ1 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 gerf81 directn$ 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 8CcolS 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 audit0pinn on the vlevl given by the acoiunts.
d8
ndent Examiner
In nneCti( wth the 8xamlnaUon. no matter h85 come lo our8tt8ntion:.
t) WCh give u5 rea50nabk cause lo b81i&vè thal in any mat8rf81 respectth& requ1MentS
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 COMy¥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