Registered Charity Number: 1190899
HALESOWEN APOSTOLIC CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2021
HALESOWN APOSTOLIC CHURCH
ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2021
Status
The organisation is a Charitable Incorporated Organisation (CIO).
Registered Charity Number
1190899
Principal Address
1 Lodge Close Halesowen B62 0BG
Trustees
Rev Mark Hemus David Robertson Ben Turner
Accountants
Houlihan & Co Accountants Ltd Maggie O'Neill Resource Centre 433 Liverpool Road Huyton Liverpool Merseyside L36 7XZ
Halesowen Apostolic Church
Statement of trustees' responsibilities
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company 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 charitable company and to enable them to ensure that the financial accounts comply with the Companies 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.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees:
Signed........................................................................... (Trustee)
Name............................................................................
Date..........................................................
Halesowen Apostolic Church Independent examiner's report to the trustees of Halesowen Apostolic Church
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2021
Responsibilities and basis of report
As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2 the accounts do not accord with those records; or
3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention of the accounts to be reached.
Signed: ............................................................................. Name: Michael Houlihan MAAT
Date: ........................................
Houlihan & Co Accountants Ltd
Maggie O'Neill Resource Centre 433 Liverpool Road, Huyton, Liverpool, L36 8HT
HALESOWEN APOSTOLIC CHURCH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| Income from: Tithes Xmas Meal Offerings Missions Other Income Total income Expenditure on: Supplies DBS Checks Speaker Costs Education Missions Gifts Food Marketing Rent and Rates Telephone and Computer Charges General Expenses Bank Charges and Interest Professional Fees Total expenditure Net income/ (expenditure) Transfer between funds Net movement in funds Funds balances brought forward Fund balances carried forward |
2021 Unrestricted Funds £ 53,458 6,000 4,020 63,478 827 65 120 425 17,805 402 308 150 687 2,110 2 200 23,101 40,377 40,377 30,559 70,936 |
2021 Total Funds £ 53,458 6,000 4,020 63,478 827 65 120 425 17,805 402 308 150 687 2,110 2 200 23,101 40,377 40,377 30,559 70,936 |
2020 Total Funds £ 40,667 370 11,218 13,000 164 65,419 1,820 402 197 541 18,885 6,330 1,038 767 3,782 826 38 34 200 34,860 30,559 30,559 30,559 |
|---|---|---|---|
Halesowen Apostolic Church
Balance Sheet at 31 March 2021
| Current Assets Cash at bank and in hand Total Current Assets Current liabilities: amounts falling due within one year Accruals Total current liabilities Net current assets/ (liabilities) Net Assets Funds Unrestricted funds Total funds |
2021 £ 71,136 71,136 200 200 70,936 70,936 70,936 |
2020 £ 30,759 30,759 200 200 30,559 30,559 30,559 |
|---|---|---|
For the year ending 31 March 2021 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2015).
The financial statements were approved by the board of trustees on
Date: ..........................................
Signed: ............................................................. (Trustee)
Name .....................................................................
HALESOWEN APOSTOLIC CHURCH
1. Accounting policies
(a) Basis of preparation
The Financial Statements have been prepared in accordance with the Companies Act 2006, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS102 (effective from January 2015 and updated with effect from January 2016) - (the Charities SORP (FRS102)), as modified for smaller charities.
The Charity meets the definition of a public benefit entity as defined under FRS102.
(b) Grants, including grants for the purchase of fixed assets, are recognised in full in the Income and expenditure account when they are receivable.
(c) Expenditure is recognised in the period in which costs are incurred.
(d) Unrestricted funds are donations and other income receivable or generated for the objects of the organisation without further specified purpose and are available as general funds.
(e) Restricted funds are to be used for specific purposes as laid down by the donor.
(f) The charity receives the benefit of work carried out by volunteers of which no value is placed in the accounts.