## **Trustees’ Annual Report for the period**
**From 01 November 2022 Period start date To 31 October 2023 Period end date**
## **Charity name: The Omega New Grace Church**
## **Charity registration number: 1189304**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**We are a place of worship, we exist to**
**provide a place for the community and**
**surrounding areas to go for help,**
**guidance and support lead by God.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Weekly worship service, Bible studies**
**and Prayer meeting are the main**
**services we have. We also do feeding**
**programs for the community, we do**
**outdoors worship on the street for**
**people who are unable to or fearful of**
**entering the building. Counselling for**
**people in need, job search and children**
**groups weekly. We do homeless projects**
**feeding and supporting them, signing**
**posting them to other services as well.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Trustees have followed all guidance**
**given by the Charity Commission and we**
**have had no issues whatsoever in this**
**regards.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference **N/a** Para 1.38 Policy on grant making **N/a** Para 1.38 Policy on social investment including program related investment
|Contribution made by
volunteers|Para 1.38|**All members donate towards each**
**project that we do to help the people of**
**God, whether giving their time, using**
**their skills or monetary contribution.**
**Every adult pays their tithes and offering**
**and also pledges to large ventures. We**
**have business women and men that visit**
**us and give towards the projects.**|
|---|---|---|
|Other||**We have applied for funding towards**
**warm space project for December 2023**
**and providing we receive it we’ll be able**
**to expand that area of help further.**|
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**We have established a relation with the**
**community of Bulwell we have done**
**infant dedications, marriage counselling.**
**We have saved lives from suicide**
**attempts by talking and praying with**
**them and managing to take the weapon**
**off her disposing of it. We have done**
**feeding programs we look after the**
**community and pray with them. Young**
**men have ran off the street from trouble**
**we have provided shelter. We have**
**provided a place of refuse for the**
**community and we hope to do more. We**
**have done holiday feeding program for**
**2years in a row, we provide warm meals**
**for the homeless Christmas 2022 we**
**went to where they were and Brough the**
**food to them, we even brought some**
**young people with us that had a passion**
~~**to help**~~|
||||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|**We have achieve most of the objectives**
**set for 2021 - 2022 since the end of**
**COVID-19 we have had 4 large events**
**and made plans to have our charity**
**concert and banquet to raise funds for**
**the homeless Christmas dinner.**
**Christmas 2022 was a success we raised**
**around £300 after the expenses of the**
**banquet, that we was abled to put**
**towards the homeless dinner. We was**
**also able to help to provide 5 of the**
**homeless people we met on the street**
**with a booking at a hostel providing stay**
**and Christmas dinner for homeless.**|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|**We have 2022 -23 met some of our**
**fundraising targets and we have set new**
**targets for 2024 that we are more than**
**confident that we will attach.**|
|---|---|---|
|Investment performance
against objectives|Para 1.41|**We have done a growth plan and in order**
**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 main issues of**
**obtaining a bigger building. We have**
**found a better bigger building that we**
**have placed a bid on and waiting for**
**confirmation from the owners.**|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**We have made a small profit this year,**
**but the living cost have increased and it**
**has been a struggle for the church, but**
**have been evangelising to improve the**
**help we have and to provide more**
**services for the community and improve**
**our finances significantly.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We have no reserve currently.**|
|Amount of reserves held|Para 1.22|**Zero held**|
|Reasons for holding zero
reserves|Para 1.22|**N/a**|
|Details of fund materially in
deficit|Para 1.24|**We have no funds in deficit.**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**We have since had an influx of new**
**members and people who give their time**
**and gift to the church, things are much**
**improved.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Our main source of funds is from**
**members contributions, tithes and**
**offerings only. We have had some regular**
**visitors that have given to the cause and**
**projects as well. We are working on some**
**projects to create more funds for the**
**community.**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Plans are in place for investment for**
**2023-24. We have some grants**
**application in progress as well.**|
|---|---|---|
|A description of the principal
risks facing the charity|Para 1.46|**We have no risk at present and do not**
**foresee any arising as we have had some**
**new members that has joined recently**
**that has a lot of skills and recourses to**
**offer us.**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Trustee deed**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO-Association**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are 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 information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|**Trustee undergo regular training and we**
**have regular meetings. We have all**
**signed up to attend the charity**
**commission training online and are**
**exited about gaining more knowledge**
**and understanding.**|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**We are working with the wider**
**community getting to know the Police in**
**the area and networking with other**
**charities.**|
|Relationship with any related
parties|Para 1.51||
|---|---|---|
|Other|||
## **Reference and Administrative details**
|Charity name|The Omega New Grace Church|
|---|---|
|Other name the charity uses||
|Registered charity number|1189304|
|Charity’s principal address|The Clock Tower
Bulwell
Nottingham
NG6 8HA|
|||
## **Names of the charity trustees who manage the charity**
||**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**|
|---|---|---|---|---|
|1
2
3
4
5|Sharon
Manning Black|Chair/Senior
Pastor|From Nov/2017|The whole committee|
||Kimberly Bolt|Treasurer/Co-
chair/Pastor|From Nov/2017|The whole committee|
||Lawford Bolt|Teacher/Pastor|From Jan/2021|The whole committee|
||Tetla Hunter|Hospitality/
Deacon|From Jan/2021|The whole committee|
||Tyeise Tucker|Youth/
Evangelist|From Jan/2021|The whole committee|
Corporate trustees – names of the directors at the date the report was approved
## **Director name**
Name of trustees holding title to property belonging to the charity
Trustee name
Dates acted rf not for whole year
## **Funds held as custodian trustees on behalf of others**
|Description of the assets
held in this capacity|None|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|n/a|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|n/a|
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **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**
**Signature(s)**
**Full name(s)** Kimberly Bolt
**Position (eg** Treasurer **Secretary, Chair, etc)**
**Date** 12.05.2024
## **THE OMEGA NEW GRACE CHURCH**
**Charity REG.No 1189304**
**TRUSTEES' REPORT AND ACCOUNTS FOR THE PERIOD ENDED 31ST OCTOBER 2023**
**ASAMAI CONSULTING LIMITED ACCOUNTANTS, TAX & 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, TAX & 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 period ended 31st October 2023. 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 £904(Year 2023- £ 0). 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 period ended 31st October, 2023 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 LIMITED**_
Dated : _______________
**4**
## **THE OMEGA NEW GRACE CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31ST OCTOBER 2023**
|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**
**2023**
**2022**
£
£
£
£
128,505
-
128,505
27,664
-
-
-
-|
|---|---|
||**128,505**
**-**
**128,505**
**27,664**|
||-
124,647
124,647
26,913
2,954
-
2,954
585|
||**127,601**
-
**127,601**
**27,498**|
||904
-
904
166
295
-
129|
||**1199**
**-**
**1199**
**295**|
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 2023**
|**NOTES**
**2023**
**£**
**£**
**FIXED ASSETS**
Tangible Fixed Assets
**10**
-
**CURRENT ASSETS**
Cash at Bank and in Hand
1,199
Debtor
**9**
-
**1,199**
**LESS CREDITORS**
Amounts falling within one year
**11**
-
**NET CURRENT ASSETS**
**1,199**
**-**
**LESS CREDITORS**
Less Amounts falling due after more than one year
**12**
-
**TOTAL ASSETS**
**1199**
**CHARITY FUNDS**
Restricted Funds
**13**
-
Unrestricted Funds
**13**
1199
**1199**
**Aproval by the Board of Trustees on the _________________and signed on its behalf by:**|**2022**
**£**
-
295
-|
|---|---|
||**295**
-|
||**295**
-|
||**295**|
||-
295|
||**295**|
|||
____________________________________
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 2023**
|1
1.1|**Accounting Policies**
**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 2023**
## **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 2023**
|**2. VOLUNTARY INCOME**
**Total Voluntary Income**
**3. INVESTMENT INCOME**
Rental Income
Bank Interest Receivable
**Total Investment Income**|**Restricted**
**Unrestricted**
**Total**
**Funds**
**Fund**
**Fund**
**2023**
**2023**
**2023**
**£**
**£**
**£**
-
128,505
128,505
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Restricted**
**Unrestricted**
**Total**
**Funds**
**Fund**
**Fund**
**2023**
**2023**
**2023**
**£**
**£**
**£**
-
128,505
128,505
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Restricted**
**Unrestricted**
**Total**
**Funds**
**Fund**
**Fund**
**2023**
**2023**
**2023**
**£**
**£**
**£**
-
128,505
128,505
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**Fund**
**2022**
**£**
27,664
-
-
-
-
-
-|
|---|---|---|---|---|
|||**-**|**128,505**
**128,505**|**27,664**|
||**Restricted**
**Unrestricted**
**Total**
**Funds**
**Fund**
**Fund**
**2023**
**2023**
**2023**
**£**
**£**
**£**
-
-
-
-
-
-|||**Total**
**Fund**
**2022**
**£**
-
-|
|||-|-
-|-|
**9**
## **THE OMEGA NEW GRACE CHURCH**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2023**
|**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
Purchases|**Restricted**
**Funds**
**2023**
**£**
-
-|**Restricted**
**Funds**
**2023**
**£**
-
-|**Unrestricted**
**Total**
**Total**
**Fund**
**Fund**
**Fund**
**2023**
**2023**
**2022**
**£**
**£**
**£**
-
-
-
2,954
2,954
585|**Unrestricted**
**Total**
**Total**
**Fund**
**Fund**
**Fund**
**2023**
**2023**
**2022**
**£**
**£**
**£**
-
-
-
2,954
2,954
585|
|---|---|---|---|---|
|||**-**||**2,954**
**2,954**
**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
Actual|||**Total**
**Total**
**2023**
**2022**
**£**
**£**
**£**
-
-
-
1,596
-
-|
|||||**-**
**-**
**1,596**|
|||||**Total**
**Total**
**2023**
**2022**
**£**
**£**
**£**
4,166
4,166
2,520
7,730
7,730
11,833
-
-
-
-
-
308
1,616
1,616
720
1,609
1,609
-
811
811
16
8,469
8,469
741
3,241
3,241
2,915
7,006
7,006
-
3,858
3,858
533
827
827
-
2,908
2,908
1,920
5,444
5,444
3,811
-
-
-
76,962
76,962|
|||||**124,647**
**124,647**
**25,317**|
**10**
## **THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2023**
## **7. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE**
|**Depreciation**|**Other Costs**|**Total**|**Total**|
|---|---|---|---|
|**2023**|**2023**|**2023**|**2022**|
|**£**|**£**|**£**|**£**|
|Direct & Support Cost
-|124,647|124,647|-|
|Governance
-|2,954|2,954|585|
|**-**|**127,601**|**127,601**|**585**|
|**8. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES**||||
|**Activities**||||
|**Undertaken**|**Support**|||
|**Directly**|**Cost**|**Total**|**Total**|
|[Note-5]|[Note-6]|||
|**2023**|**2023**|**2023**|**2022**|
|**£**|**£**|**£**|**£**|
|Direct & Support Cost
-|124,647|124,647|-|
|**-**|**124,647**|**124,647**|**-**|
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|**2023**
**2022**
**£**
**£**
-
-
-
-
-
-|
|---|---|
||**-**
-
-
-
-
-|
||**-**
**-**|
**11**
## **THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2023**
|**10.TANGIBLE FIXED ASSETS**
**Cost At 1st November 2022**
**Additions**
**Disposals**
**At 31st October 2023**
**DEPRECIATION**
**At 1st November 2022**
**Charge for the year**
**Disposal**
**At 31st October 2023**
**NET BOOK VALUE AT 31ST OCT. 2023**
**NET BOOK VALUE AT 31ST OCT. 2022**
The net book value of assets held under finance
as follows
Motor Vehicle
**11. CREDITORS**
**Amount falling due within one year**
Acrued Expenses
Bank Overdrafts||**Freehold & Property**
**£**
-
-
-|**Freehold & Property**
**£**
-
-
-|**Motor Vehicle**
**£**
-
-
-|**Equipmen F & Fittings**
**£**
-
-
-|**Computer**
**Equipment**
**TOTAL**
**£**
**£**
-
-
-
-
-
-|
|---|---|---|---|---|---|---|
|||**-**||**-**|**-**|**-**
**-**|
|||-
-
-||-
-
-|-
-
-|-
-
-
-
-|
|||**-**||**-**|**-**|**-**
**-**|
||||||||
|||**-**||**-**|**-**|**-**
**-**|
|||**-**||**-**|**-**|**-**
**-**|
||le|ases or hire purchase||contracts, include
**2023**
**£**
-|d above are|**2022**
**£**
-
**2022**
**£**
-
-
-
-
-
-
-|
||||||||
|||||**2023**
**£**
-
-
-
-
-
-|||
|||||**-**|||
**12**
## **THE OMEGA NEW GRACE CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE PERIOD ENDED 31ST OCTOBER 2023**
**12. CREDITORS 2023 2022 £ £ Amount falling after more than one year** Acrued Expenses - - Other Creditors - - - - - Creditors include amounts not wholly repayable **2023 2022** within 5 years as follows: **£ £** Repayable by instalments - - - -
**----- Start of picture text -----**
13. STATEMENT OF FUNDS Brought Incoming Resources Carried
Forward Resources Expended Forward
Unrestricted Funds £ £ £ £
General Funds- all funds 295 128,505 127,601 904
- - - -
Restricted Funds
Building Fund - - - -
Total of Funds 295 128505 127,601 904
SUMMARY OF FUNDS Brought Incoming Resources Carried
Forward Resources Expended Forward
£ £ £ £
General Funds 295 128,505 127,601 904
Restricted Funds - - - -
- - - -
295 128,505 127,601 904
14. ANALYSIS OF NET ASSETS BETWEEN- Restricted Unrestricted Total Total
FUNDS Funds Funds Funds Funds
2023 2023 2023 2022
£ £ £ £
Tangible Fixed Assets - - - -
Debtors Due after more than 1 Year - - - -
Current Assets - 1,199 1,199 295
Creditors Due within one year - - - -
Creditors Due in more than one year - - - -
- 1199 1199 295
**----- End of picture text -----**
**15. RELATED PARTY TRANSACTIONS**
**13**
INOEPENDENT EXAMWIER S REPORT TO M TRUSTEES OF
THE OMEGA NEW GRACE CHURCH
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