Mercygate Gospel Church Trustees, report and financial statements 30 June 2022 Charity Regd number 1189994 Company Regd number 11402610
Mercygate Gospel Church Trustees, report and financial statements Contents Page Legal and administrative information Trustees, report Independent Examinefs report Income statement Balance sheet Notes forming part of the financial statements
Mercygate Gospel Church Trust info Legal and adminislrative inforMan for the period ended 30 June 2022 Charity Reg No 11402610 Principal Off 18 Trlhe Bam Way Northholt Middlesex UB5 6NN Independènt Examiner 018 Olukotun Chartèred Certrfied Accoun18nt 77 Thombury Gardens Borehamwood Hertfordshire WD6 1RD Bankers Bard8ys Bank pk Diractor Sefifalu Olubunmi Adèbiyi Olusegun 05aifa Olalekan Akinbi Bola Adèronke Akinbi Nikky Yetunde Tiam¥yu Secretary
lthercygate nJospel ChLirch Trustees, repori and findnGial ctatements The Tnt8le85 submit Ih8irannu81 port and th& Ihan-ial slal8manl# of 1.lèrtyGg Grtrp"I n4 lor Ihe year ended 30 Junc 2022. Tlie Trustee5 confirm 1111¢ I the c1nnual repori ar.d fi7,nli15l1Ltsrn-. rnplyThiih rutrenl StsluiQry' requlrcmenls, the reqL.l..emcnw of Jie ck,aril>'S govo&. lh• Statement ol R•¢emm0nd8d Pr8cli¢o {SQRPI'AGcounling and R:portinp bi Cli3rilie• li fv5Jrch 2004 Mothod of app¢lnlment or ¢l¢¢tlon of Trusloos The managemAnl ol Ihtr clii?rfly is the résponsibility ofihc Iriisiees. Consiitullon pullcl¢s objo¢tiv85 Tho ¢h8rily Is 8 iegisitsred ¢harily wlh rerent$ 1189594. Thè obj9Gt ol l.IErwg1Q G95pel Cb.Ltrrh Co,1&-r¢S 10 b- rsliip of God. and povertylhardsh.,pldisiress relief. M¢mbèrBhlp Th6 Jrggnlsiiion m3yAdmit a5 mem$ anvporsons %¥lFO Èr¢ inlcresied in Ihts obiccts of ihg organiThJliarTr anj v..hv ma/ bè speclally qualified Qr pos$ess uniquo knowlodge lo ald Iho associaiitsn IovR..ds Ihe aii<iinmenl ofiLS ObJ¢tiVes. R•¥l•w of #¢tlvltlo8 and utuf• dévelopmonts ije eurrerst membership Slrèngul of the Association cctnsivl olmix¢cl gendér lyttunG and older sdii2•p Ind., from diverse ethTrSc and Cuilural b¢ground. Tho thrust orou", ph11050phies foEugp: on proFnOting Iho cdu-WLion Ind ¢ull¥ral ad¥iaftcem¢nl of Chrislièn in Ihg commLnlls. Wo also inculcaie In oar member$ spif51 gf9g0dncvQV clnd c8rdig1 rèlaiionsliip wlh our ngighbtrurs 4nd ¢JmmiinilyiFrespeclive of Iheir failh, cre8d. sed, or le191)Ll$ btsl.'?Ic INQ relailrJn$hip wlh our neighbairs and ¢ommunily Irr06P•CUvo of Iheir fai, c4oed, Er1. or relistouè boljDfs. Ill¢ engage and participate in ch?rilable aclivilips mosl needv membor ol tho comrnun.'ly. Tru8tg0$' r•sponglbilitle6 Tho TrvslcÈ5 have ovcr¥ll responsib.-lity lor tnsuriny 11131 the charily lias an zppyopriale sysiom of c¢ni',o.'s, finan-ial ond otherwse. oro o.so rosp?nslblc for keeplng pr¢per é¢counlin9 rrdS v,ith di5¢1ose i::tb )9,12b1¢ 4¢fup7Cy el limè ltio financl)I position of Ihcj chariiyand enable them to ensuro Ihot Ilie financial sialnycni. comply i'.illi *Xe Chtsrilies AC., 2011. Th8yRro nl£o r8spoTrsiUl¢ for safeouarrllng ofthe Cliarily and henc? for taking re3son3bl? oltpg for the del¢clion and provènlion ¢f fravd and olher lttèlltslarllies. I h15 rts,Trort w'as spprgw¢d by Ilits Trusloes on 20111 r,lJrcli. 2023 and sigied M Ils behalf by.. ¢rifaiu Olubunffli Ad Scanned with Camscanner
Mercygate Gospel Church INDEPENDENT EXAMINERS REPORT I repcrt on Flnanryal Statements forthe year ended 30 Jwe 2022 set out on pages 4. 7. Th18 report 15 made soldy to Ihe Trustee5 Df Mercygate Gospd Chur¢h, as 4 body, in aceordance wblh regulations made urKJer section 145 of the charitsAct 2011. My wotk ha$ been undertakan so thèl I might 5tr1È1o the TTu$lees Tnatt¥s l 8m reouired to state to thèm an Indeperent EXam1r¢S port. Resp9tv¢ responsibilities of Tnets and Ind¢pndont Examlner A5 CharityTrustees. for the purposes of charity law, 3re responslbleforthe preparation of the finanal ststements, lh8 Tfltee$ ¢onsider that an audrt is not required forthls year urnler section 144121 of the Ch8ries Act 2011 Ithe A¢ti and that Èn independentex8mlnation 15 needed. Ind?ndntOxSrnlTr0ts stat•mont Having satisfted myself that Charty isnot 5ubjert to av 3udit 2nd Is eligiblefor Indeppndentamin8ti0n, It 15 my responsibility to.. a)Wexamine the accounts under secbon 145 ofthe 2011 Act b)thllow the procedures laid down in the Beneral DitiOnS gfven bythe Chzrlty Commlsslonets under section 1451511bl of the 2011 Att. and clstale whether particularmatters have come to my attention. I have no concems and have come acrcss no other matter5 in connectlon wrÈh the examinatlon to whith attention Should be drawn in ihls report in orderto enable a proper understsndingof the accounts to be feached. Indeppndent ExamIn06 $taiemgrf SFnce the Charitls 8ross Incomp does not exceed £250.QOOyour exarniner must a full mernber of the As50Ciation of Charity Independent Examiners. However, if it exceedsthe £250,CX)Oi your examSner must be a memberof a body listed In section 145 of the 2011 Act. I can conllrmthat l am qualthed to undertake the eXamInav because l am 3 fv11 member of Assoc13tion Charlty Indepe%)dent Examiners and a member ot Instltute of Financial Accountrnts IIFAI UK. whlch Is one of the listed bodles. In connectlon wtth my examination, no matter has come to my 3ttentlon.' Ilrn whSth gwes me reasonable cause to believethat in any materthl respect the regulrements alBto keep ac¢ounlng records in accordance with Secbon 130 of thÈ Charities A¢L and, blffto prep3re accounts which accord with theaccounting record5 and comply with the accountin¢ qUIreMents of the Charftles Art have not been met or 2)t0 which, i to be reached. plnion, attention should be drawn in orderto enable a proper under5tsnding of the a¢¢ounts Sned.. Dat8d'. 30th March 2023 Ola (Hukotun 77 ThonJwy Garder Boreharnwood Hertfordshira WD61RD
Mercygate Gospel Church Trustees, report and financial statements Income Statement for the year ended 30 June 2022 2022 2021 Notes Incoming Resources 19.032 34,888 Resources Exper¢ded Charitable activities Net Incoming Resources Tax on income on ordinary activities Net In¢oming Resources After Tax 16,912 2.120 32,104 2,783 2,120 2.783
Mercygate Gospel Church Tru5tees' report and financial statements Balanco Sheet a$ 8130 June 2022 2022 2021 Notes FIXED AssErs Tanglble assets 3,993 6,038 Currenl assets Dabtor8 Ca$h at bank and in hand 1,994 1,994 1,587 1,587 Crodltor4.' amounts falling duè wlthln one year Net current (liabililiesyassets Long term loan 1,502 i? Nel assets 5,495 3,375 Charity ftjnds Unreslricled Funds 5,495 3,375 rhe finanrA•l 3lBlement wgrg approved by tru$t895 on 30th MaKh, 2023 and signed on thBlr beh8lf. b slgnè onl Serifalu Olubunml Adeblyi Trustge The notes on pages 8 to 7 forni part of these financial statements. Scanned with Camscanner
Mercygate Gospel Church Trustees, report and financial statements Notes {fomiing part of the financial statements} 1 Ac¢ounting poli¢ies The following accounting policies have been appli consistently in dealing Mlh f(ems whi¢h are consid&r811 matèrial in relation lo the trusfs financial statements except as tY)ted below. Basis of preparation of finanri81 stalernents The nanCIal statements l)ave been prepared under the hisloNcal cvst convention arKI accounting policies strl out below Income Income preSents the tithes. offerings. CdIecOns, donatK)n$ and gifts given to the church. 2022 2021 2 Income Income attributsble to this period 19,032 34,888 3 Fixed a$$els Motor VehIe Plant & Machlnery IT Total Cosl 01107r2021 Additions Oispo$al 3010612022 Depreciation 01107r2021 Disposa5 Charged in the year 3010612022 NBV 30106r2022 10,228 10,228 4,190 4.190 30106r2021 4 Creditors.. am(xJnts falling due within one year Creditors Corporation tax Oth8r taxes ar 8O¢Aal scurfty Costs Loan Other creditors Accru81- Accountsncy fee 181 500 492 1,(M)O 5 Unrestii(ed lunds At 1 July For the year At 30 June 3,375 2,120 5,495 591 2,783 3,375