HOUSE ofCOMFORT International Ministries Charity number: I I)705 JRUSIEES, REPORT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2021
HOUSE OF COMFORT INTERNATIONAL MINISTRIES FINANC STATEMENTS 31ST AUGUST 2021 Page Charity's General Infornation Trustees Report Statement of Financial Activities Independent Examinevs Report Summary of Financial Activities Balance Sheet Notes to the FÉnancial Statements
HOUSE OF COMFORT INTERNATIONAL MtNISTRIES GENERALINFORMATION 31ST AUGUST 2021 Charity's General Information TRUSTEES: CLAUDEThE CHRISTIE JANE HALMQUAGRATNIE JOHN EN REGISTERED OFFICE: 6 Dimsdale Drive London NW9 8HT VENUE OF WORSHtp: Preston and Mall Youth & Community Centre May Lane Middles¢x HA3 9TX WEBSITE ADDRESS: wwwthocintlministries.org cHARy NUMBER: 1190705 BANKER: NATWEST Bank PIC ACCOUNTAwrs: SUNEX CONSULTING Chartered Certified Ac¢ountants 23 Beverly Street Manchester M9 4ED / %UNEX (-ON.*bL',L'TING Page I
HOUSE OF COMFORT INTERNATIONAL MINISTRIES TRUSTEES, REPORT 31 ST AUGUST 2021 The TrnsÉ¢es of HOUSE OF COMFORT tNTERNATIONAL MINISTRIES (the charity) present report and Financial Statement for the year ended 30th S¢pt¢mb¢r 2019 which been prepared in accordance with the Statement of Recomm¢nded'Practice (SORP)"Accounting and Rew)rting by Charities" issued in Oct 2000 & revised in 2005. This financial year, HOUSE OF COMFORT tNTERNATIONAL MINISIRIE& continues to operate as a Charity and Christan churc having over Committ volunteers dra from professional and non-PToftssional backgrounds. STRUCTURE, GOVERNANCE & MANAGE1¥[. The Trustees have been delegated thc day-to-day running of 'the Charity to three of their Trustees. Major decisions are taken with consent and approval of all of the Trustees in accordance to the requirement of requirement of the governing document. The work is supported by a number of volunteers. POLICIES AND ORIECTIVES: House of Comfort International Ministries is a bible-based church. which preaches the word of God. Our primary mission for everyone to know the love of Go( through the preaching of the 'Good News. the gospel of Jesus Christ to the local environment. To date we have a youth Progrnmme where we regularly engage with young men, who once spent a lot of time loitering in the street. As a result of our progrdmme. a number of th¢ young men have found pernianent paid employment within various business sectors and indu5trie% including the finance sector. We also support the vulnernble, women of domestic violence. the less fortunate and those suffering with addiction and mentsl heafith. We offer advice, counselling and support to help them make positive changes their lives. To date we are cunrntly in the pn)¢ess of establishing a mustc workshop. The objective behind this project is to teach young men and women how to play instruments and give them an alternative focus to lif4 to help steer them to make positive changes Éo their lives through the power of music. With each year, it is our aim to grow &8 a church and empower people through the Word of God. to make a rKTrsitive change to their lives and the community at large Pag¢ 2
HOUSE OF COMFORT INTERNATIONAL kilfiL FINANCIAL AcriMI AND REVIEW 31 ST AUGUST2021 INDEPENDENf EXAMINERS: Nwne of T¢w. John ENE (C1rmsrtj
HOUSE OF COMFORT INTERNATIONAL MINISTRIES INDEPENDENT EXAMtNER'S REPORT 31 ST AUGUST 2021 I have examined the financial Statemen which comprises the financial activitie& the Balance Shcet and the rclat¢d Notes on pages 7 to 8 and the accounting policies of HOUSE OF COMFORT INTERNATIONAL MNISTRIES for th¢ year ended 3 1st August 2021. This report made solely to the Chartty's Trnstees (who the members of the charity for the PUTP)ses of charity obligations) and are resw)nsible for the prepardtion of the accounts. The Trustees think that an audit is not required for this y¢ar under scction 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed. Respeetive responsibilities of Trustees and Independellt ExamiDer: As described on page 3, the Trustees arc resw)nsible for the prepardtion of financial statements. It is my responsibility to carry out an independent examination of those fjnancial statsments and to issue a report based on that examination. Scope Of examiner's Statement: I conducted my examination in line with directions given by the Charity Commission under section 43(7}0)) of the ChariTies Act 1993. An examination includes a review of accounting Tecords kept by the charity and cotnparison of the financial statements with those record5 as well as explanations from trustees concerning the records. The procedures undertaken do not provide all the evidence that would be required in an audit. Consequently no audit opinion is giv¢n and the report is limited to the slatements below- Independent *MInerS ststemeDt: In connection with our exarnination, no matter has come to my attention: l. Which gives me reasonable cause to believe in any rnaterial respect the requirements: * To keep accounting records in accordance with section 41 of the Companies Act 2006, * To prepare fmancial slatements which accord with the accounting records and comply with the accounting requiremenls of section 386 of the Companies Act 2(XK> and with the methods and principles of the SORP: Accounting and Reporting by Charities have not been mct: or 2. Which in our Opinio attention should be drawn in order to enabl¢ a proper understanding of financial statements to be reached. and dated 13th Decmber 2021. Signed: SUNEX CONSULTING Chartered Certified Accountants 23 Beverly Strcct Manchester M9 4ED sLTNE.K C.'C)NS•L'L I"INC: Page 4
HOUSE OF COMFORT INTERNATIONAL MIIYISTRIES SUMMARY STATEMENf OF FINANCIAL AcllviTIES 31ST AUGUST 2021 2021 TOTAL Funds Unrestricted Funds Restrict Funds NOTFS INCOMJNG RESOURCES: Voluntary tkntions Income TOTAL INCOMING RESOURCES: 9.853 9,853 9,853 9053 RESOURCES EXPENDED: Charitsble Activities Governance Costs (71)0) (8,328 (9,028) (o) o) {700) (8.328) (9,028) TOTAL RESOURCES EXPENDED: NET MOVEMENf IN FUNDS FOR THE YEAR 825 825 Page S
OUSE OF COMFORT INTERNATIONAL ALAN SHEET ST AUGUST 2tr11 Assrts h at Bank 1.112 M(nt Due Within l Ye ET CURRENT ASSETS mouniDu¢ After l Ye4r TAL NET ASSETS 135)
HOUSE OF COMFORT INTERNATIONAL MINISTRIES NOTES TO THE ACCOUNTS 31ST AUGUST 2021 l. AccouiYfiNG POLICIES The financial statements have been prepared in accordance with applicable Accounting Standards in United Kingdom with the application of FRSSE and thc Statement of Recommended Practice "Accounting and Reporting by Charitics" C'SORP 2000 and SORP 2005.) issu¢d by the Charity Commi&sion. Asumtnary of the principal accounting policies, which have been applied consistently is set out bclow: (a) Basis ofPreparation of Financial Stetemenix" The financial statements arc prepared under the historic cost ¢onvention and include the result of cbartty's operntion. which are described in the Twstee's ReporL all of which are continuing. {b) Incoming Resourc&8: All incomes is credited to the Statement of Financial Activities on the earliu date of when they received or when they are rec¢ivable. (c) Restricted Funds: Restricted funds are to b¢ used for specific purposes within the objects of the charity. Expenditures which meet these specific criteri4 will be matched with a fair allocation of management and support costs. There was a no Restricted during the ycar. {d) Unffstrieted Funds: Unrestr&ct¢d funds are donation4 offerings and other incomes generated for the objects of the charity without furth¢r specific purposes and are available for general and public funds. (e) Resources Expended: Direct Charitable expenditure includes all expenditure incurred by the ¢harity in pursuit of its charitable objectives. Governance expenditure includes all costs incurred which relates to the charitable and for administaration of the charity in compliance with constltutional and statutory requirements. Tangible Fixed Assets and Depreciation: Tangible fixed assets are stated at cost less depreciation. tkpreciation is provided at rates in order to write off cost of each ass£ts, Icss their estimated rcsidual value over its ¢Stimated useful lif¢ as follows: Office Equipment 18% ot re4Jueing balance Page 7
HOUSE OF COMFORT INfERNATIONAL MINISTRIES NOTES TO THE ACcOUFs 31ST AUGUST 2021 2021 TOTAL Funds Unr¢stri¢ted Restricted Funds FuDds 2 Voluntary DoD2tion Incomes: Tithe, Thanksgiving and Off¢rings 9.853 9,853 9,853 9,853 TOTAL Funds 700 700 3 Charitable activities Unrtstrietul Restricted Funds Funds 7(K) 700 Donations Ullrtstrietp Restrieted Funds Funds 1,450 1,563 1.713 2,859 250 31K) 193 8J28 TOTAL Funds 1,450 1,563 1.713 2.859 250 300 193 8J28 4 Governance C(bsts Rent & utilities Tel & Intern¢t Costs Office Expenses Vehicle Hire & Related Expenses Profcssional Fees Accountant Fees D¢preciation of Assets OITice Equiprnent 5 TANGIBLE FIXED ASSETS: TOTAL COST I VALUATION= ()pcning Balance Addilions Closing Balance 1,073 1.073 Depreciation Opening Balance Charge for the Period Closing Balance 193 193 193 193 N¢t Book Valu¢ Opening Balance Closing Balance 880 Page 8
HOUSE OF COMFORT INTERNATIONAL MINISTRIES NOTES TO THE ACCOUNTS 31ST AUGUST 2021 2021 6 CREDITORS: Amount Due Within l Ytar cUent Acwunt Accruals 300 1,147 7 MOVEMENf IN STATEMENf OF FUNDS Unrestricted Restricted Funds Funds TOTAL Funds Net Funds brought fonvard OIISepU2020 Surplus for the Year Net Funds Carried forward 3 I1Aug12021 20 825 20 825 845