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 inforMa￿n
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.lèrtyG￿￿g Grtrp"I n4
lor Ihe year ended 30 Junc 2022. Tlie Trustee5 confirm 1111¢ I the c1nnual repori ar.d fi￿7,￿n￿li15l1Ltsrn-.
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 r￿erent$ 1189594. Thè obj9Gt ol l.IErwg￿1Q 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$ess uniquo knowlodge lo ald Iho associaiitsn IovR..ds Ihe aii<iinmenl ofiLS ObJ￿¢tiVes.
R•¥l•w of #¢tlvltlo8 and *utuf• dévelopmonts
ije eurrerst membership Slrèngul of the Association cctnsivl olmix¢cl gendér lyttunG and older sdii2•p Ind￿￿*.,
from diverse ethTrSc and Cuilural b￿￿¢*ground. Tho thrust orou", ph11050phies foEugp: on proFnOting Iho cdu-WLion
Ind ¢ull¥ral ad¥iaftcem¢nl of Chrislièn in Ihg commL*nlls. Wo also inculcaie In oar member$ spif51 gf9g0dncv￿QV clnd
c8rdig1 rèlaiionsliip wlh our ngighbtrurs 4nd ¢JmmiinilyiFrespeclive of Iheir failh, cre8d. sed, or le￿191)Ll$ btsl.'?Ic INQ
relailrJn$hip wlh our neighbai*rs and ¢ommunily Irr06P•CUvo of Iheir fai￿, c4oed, ￿Er1. or relistouè boljDfs. Ill¢
engage and participate in ch?rilable aclivilips mosl needv membor ol tho comrnun.'ly.
Tru8tg0$' 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 r￿rdS 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
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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 charit￿sAct 2011. My wotk ha$ been undertakan so thèl I might 5tr1È1o the TTu$lees
Tnatt¥s l 8m reouired to state to thèm ￿ an Indeper￿ent EXam1r￿¢S ￿port.
Resp9t￿v¢ responsibilities of Tn￿ets and Ind¢pndont Examlner
A5 CharityTrustees. for the purposes of charity law, 3re responslbleforthe preparation of the finan￿al ststements,
lh8 Tfl￿tee$ ¢onsider that an audrt is not required forthls year urnler section 144121 of the Ch8ri*es Act 2011 Ithe A¢ti
and that Èn independentex8mlnation 15 needed.
Ind?￿nd￿ntOxSrnlTr0ts stat•mont
Having satisfted myself that Charty isnot 5ubjert to av 3udit 2nd Is eligiblefor Indeppndent￿amin8ti0n,
It 15 my responsibility to..
a)Wexamine the accounts under secbon 145 ofthe 2011 Act
b)thllow the procedures laid down in the Beneral Di￿tiOnS 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 ExamIn0￿6 $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
eXamIna￿v￿ 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
S￿ned..
Dat8d'.
30th March 2023
Ola (Hukotun
77 Thon*Jwy 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.
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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. CdIec￿Ons, 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 Veh￿Ie
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 s*curfty 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