DECISION TIME CHURCH TRUSTEES REPORT AND ACCOUNTS 30- NOVEMBER 2023 DECISION TIME CHURCH SOUTH-EA LONDON COMMUNITY SDA CHURCH 70 HERON ROAD LONDON SF.24 OHB
DEC'ISIOY TIIIF. C'III,, R('H REPORT OF TIITr" TRII(>'l"fr:E4i TrOR 'fiiF. I'F.AR F.IDF.D JO" C)1 L.IIBER 2023. The irustees of thc charity prc.scnl IhciT rctX)rt wilh financial stalemenls f Lhllrity for the year eThkd 30 Novemkr ?Q2.1. The tru4l¢e% adL)plcd Ihc provi5ioTr% of th¢ Stsi¢m¥nl vf ReL4)mJnended Pra¢ti¢¢ I SORPI 'Ai<ouTrlinB thnd Rep)rtin8 by I'hantlL5' issued in M4rGh ?(K15. RF.FTr:RF"NC"F. .AND ADfvIINISTR..ITII"F. DETAII.S Registered C'hariti. Numbrr 1191633 Rf%i¥ltred tsffice SITrLiilI FJ%i%l Liinkn C"Dmmunily Sl)A L hurLh 7() IIL'ri)n Road Herne Hill London SE24 OHB Truylees Pa%lcir Jciy"c¢ (h'iL%U PAanu l¥lr Il¢nJ2min saky1-N4Lnh Mrs Bealrile Am)rtful Lydia Kogozi Obaapa Owu5u-M8nu Trustee Ic'hairniani Trusle¢ Truslce Tru5tce Trustee Independenl Eximithr X-%iJr .%qdnabieiiielli ber¥ic¢5 Limitcd 53 Saxi'illc Riwl Orpingli)n. Kcni BRS .IAN Banke ElarLlays Blink
STRUCTURE. GOVERNANCE AND MANAGEMENT C•OI'¢rnin2 diJcum¢nl charity is controllcd b). ils govcrning dcKumeTrl. the Constitution a1 L(?n¥litulv4 41 iharily.. as dcfind bs Il L IkJriii¢s A¢1 1011. • .Ilember5hip oftruxlee boxrd. ThL IruslLY4 i>l' I. ihdrity dre also b'olunLgry trus¢¢ri for the of charitv law and und¢r thc chariwy Con51ilulic)n Ire kTh)wn os members of the TnL%te¢s Board. Induction and traininx of ¢rufees All Iru41LLS are familiar M'iih the prnclical work of Ihe church and ve undertaken training l(Tr supwjrt tlir ft)le. • OrgAnisArionil %tructure The Tru.Ilie Iloard m(Yls quarterly and 8 quarterly brnnch teedbaek report is 8i'¢n al ¢xh nK¢iin8. The FIrah Paslof has the r¢s)nsibility for Ihe da) lo day operalionil man0Bem¢nl ofih¢ churrh supp(irted by ihe Assistant Pastor elecied by lh¢ bran¢h. • Riik min%ernfnt ThL Tru.%tLLs I)ai'L a duty to identify and rcvicw ihc risk4 10 14.hich the charity is ¢xws¢d and lo ¢n%ure appropriaie controls arc in placc lo pro%'ide reasonuble agth1ft frdud and eThor. Internal ¢ontrol risks ore minimised by ih¢ implementalion of pr(Kedurr5 for auih0ri4aiiofi of all transxtions and proicc15. Pr(Kedures and nsk assessinent5 are in plac¢ to cn5urc compli#nLL 'ith Flealth and Safety of volunleeT¥' membets" ¥hIldn. %'isiiots lo ihe churLh. . OBJECTIVES AND ACTIVITIES Achievemenis 202312024 - D•clslon Tlme Church The folkming programmes were undertakèn to promote awarengss, infcymatth and know18dg8 sharing: Distributed evan981ism over 2000 leaflets in Pockham. Camborwell Green, Brixton, Elephant & Caslle. Kenniw, Loughborough JurKtion Staticm. Heme Hill Siatlon Successfully postod programmos on soclal medi& Facebook, YOUTU, Instagram. TikTok arKI line stroaming for church actlvitieg (Marriage
serninar, effoclive c4)mmunlcatk•n. Managi finance, sex in marriage. forgiveness unforgNeness. chriS.an Entrepreneurshp topi¢3- finan. creatirwJ multiple streams of incomè. etc.) Organised charitabl• dOnaTr$ of phanage3 OfganB8d 'D8dsion Tirne Children Crealivty and Imaginats. cPtIll for ovef 50 thildren (&16 yoars old) Children week.. Talent show, Gun & Knrfe Crime (prn and poster ¢PetItiOn Week commencing (0810712023), Summer picnic.. (0810712023). Encoureged children to leam instrumentg (fortnightly less¢8). Fund raising towards church tlIdr (2310712023). Decision Time School of Marriage and Relationship Sernlnar for over 200 people112-14tTr November 20231. Organise Chrislian Entr9preUr8hiP S8minar on De8llng wrth cost of living11610712023). Weekty Chrislian Entrepreneurship videos and wisdom nuggets M ¢rnatiThJ multiple streams of Ino)me IEcdesiast88 11.2). S•minar on Mortg8g8s & Propoty Busin688 (1610712023). Youth Weok.. Youth Sw'al Media & Relalionship issues -week cwIme1j {2410712023) Organised Health Education on diabetes -Frults, Vegetable arrfl Wat•r Party lor members and loc41 resKlenls {3111 Al 2 Sepl 2023). Targels for 2024 Increas8 Social Media wesence 4nlensify évaffjélism on Facebook. YouTube. Instagram, TikTok and online sireaming lor thurch activities. Prayer Day retreat at Ashbumham Christian Place {1 S10612024). Organi59 'Deo'sion Tlme Chlldren Creativity and Imagination Competsllon for over 50 children {8-16 years old) Charitable donation to supp)rt Orphans and wlY*S in the church 13110312024) Bi8 Quiz compets'tion - Church leaders vs crgatKIn (1610W2024>
Encourage thiklren to learn instruments (f¢)rtnuhtly less$). MM9n¢1 on 2W0612024 Bible Qulz competits. Flen vs worn8n 2110712024) Health talk- {2110712024) Party in Ihe park, Love & Unity.. (21m712024)- Children week: Talent shchv. talk on -online Safety- safe online" Week cofflmencing (2210712024). Vocational skllls and apprenlic4ship workstrKJP tNikky'g Barbers (31S1 July 2024 to 2nd August 2024 (bart>8rir¥J skills). Fund raislng towards church building (2510712024). Liv• streaming: Decision Time School of Mamago and Relationship S•minar for over 21X) people {11>1 Y November 2024). Weekly Christian Entrepreneurshlp VKleos and wisdorn nuggots on crnall multiple stream8 of income (Ecdosiastes 11.2). Seminar Mortgages & Property Busin838 (1610712023). yth Woek: Yth Social M8dia & Rolationship is8ues -k commenciThJ <2910812024) Org8nise Frults, Vegelable and Watw Party fcy membgrs and local rosidenls (21 $1 S•pl 2024). FIN,.INC'lèll. RF.I'lE, ThL resulis IliL' y¢41f and the firnncial $tIll)n of the Lknrity thre $hown in Ihe anncxcd linancial stalcmcnls, The ial incoming resources for ?023 'aS £44._111% &s compared with l3) ? ID in ?111! Th¢churLh reined thlmc)4( with the rne kicl ot- linuncc a5 prci'iouy year. This shows Ihere is some level of stability with incoming resource% •nd the ihurlh could confi(knily plun for fulure pn)grams with 50mc IcN'cl ofcertaknty. Rvvri'es polic!. ThL' Ll)anlJ l¥ keeping an appropriatr level 41f reserve% to pr4TrieLY ilYifagain.4t any unli)rci¢cn cN'cnlualiliL5 such as C'Ok'lD-19. w'hich is cunynily ha*"ing ils loll on the fin&¢$ of moq Charilies acniks th¢ glnbc. Thc cknrity has thc objccti%'¢ lo Jcquirc a propcrty and is ihcrcfore savings towards th¢ deposits. Prini'ipxl fundin¥ sourcty kli presL'ni IhL' IhUJOrii)' Ot. Ihe church's lunding eoniinue4 io eorne from the tithes and coll¢clion of alms and annual 1wv.¢ io support all its principal actii'iti¢s.
The tnLStee% llre reyK)nsible for prLparin¥) Ihe fin4711i ial statemenls in accordance M'ith applicablc law. and Unilcd Kingdom G¥TK'Tally Accipl¢d ArcouDtin¥ PraLliie IIJK (IAAP). Chanty la, reqUIS the IeeS to prepare financial slatennIS for each financial year. Under ihat la Ihc trustees have elecd to prctMTr Ihc finiin¢ial %WenKnl% in C0rddnLt V•'iih ihe ljniied Kingd(Mn (ienernlly ALLLplcd Accounting Praciicc l Lnilcd Kingdom ALcoun¢ing Standard4 arKI appliLable14N, l. Th¢ linMnLial ¥lal¢menl.% ure rryuired b% low to gi¥L a irue and tair iew of thc slalc of affairs 1)f ITr charilablc company and ol" Ihe lu$ ()r defilit i)t" the Lharitahle cl>MnY for ihat peri. In preF>arin8 those finanL'ial sknlement& the truslees dre required to: I¢ suitsble (OvlIng sx)licies and Ihcn Htyply them consi%lenily: make jud¥F¢m¢nts atMI estimate5 thal are rea5(able and prudcnt: Prere the finllncilll slalements on the going coern basis unk55 il 15 inappropriatc lo prcsumc th41 lh¢ choritsble c¢)mpany w'ill conlinue in businL The irn%lrt¥ are Yty)nsible for keeping prow accounlin8 records which diyclosc m'tih TLSonable accuTaC)' al any time Ihc fin4nciBI ryjsilion of the Choritsble company And to enable to ensure that the financial statements complv with the Charilies Act ?01 l. Thcy arc also TCSP()n%ible for feguAnJIng the of thL clwrily dnd hce for tsking. rcanab} 51¢PS for th¢ pr¢entiOn and dection of fraud and other irrcgulanli¢s. (.'. ST,II'E11E.NT AS T() DI%C"I.I)%I'RE OF INFI)RllIlTI()Y T(} INDEPF.%DF.NT F.IAIIINTr.R¢¥ So far as lh¢ trustees are aware. there is no relefvant infonnalion of which Ihc charitv's Indendent ¢xamincp* arc unaware. Jnd each irnslee hlls. taken all the st¥PS thai tl)iy ought to haN'L) taken as a truslec in Oler to makc Ihcm am'arc of any ¢XmInal10n inf<imi4lion L'stsblith thdi ihe charity s IndendnI exiiminets 4lW'4U¥ of that inform4110 D. INDLPENDL%'I' L.XAIIINERS Th¢ ind¢r¢nd¢nl ¢xamirnY& X-StsT Managcmcnl Scrvices 1.imitrd will be pnJp)sed lor re-apinie0I ai the fonk.oming Annual (ienernl Meeting. ()N IIF.HAI.F C)F THfr" IH)ARD.. DatL': P45tor Joyce Owwsu-man ('hAir of I"ruslets lJo#rd
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF DECISION TIME CHURCH.
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DEOSION TIME CHURCH STATEMENT OF FINANCIAL AcfMTIES FOR ACCOUNTS PERIOD ENDED 30TH NOVEMBER 2023 NOTE GENERAL RESTRICTED TOTAL 2023 TOTAL 2022 INCOMING RESOURCES Voluniary Income Gift Ajd Receipts Other Income Investment In¢¢)me 44.385 44.385 31,145 TOTAL 44,385 44.385 31.145 RESOUftCE5 EXPE140ED: CHARITABLE ÉXPENDfftIRE; 8uildine Projerts Management & Admini5tratlons 33,493 33.493 33.493 33.493 28.951 28,951 TOTAL NET RES(XIRCES EXPENDED: 10.891 10,891 2.194 NET MOVEMENTS FUNDS BALANCE BROUGHT FORWARD 2.194 2.194 NET RESOURCES EXPENSED TOTAL BALAN(E CARRIED FORWARD 13.085 I3,5 2,194
DEasioN TIME CHURCH BALANCE SHEET A5 AT 30TH NOVEMBER 2023 202J 2022 Noft-current Asse Tangible Fixed Assrfs Investment5 Total Non<uneni Assets 4,84S 4.84S 2,265 4,845 4,845 2,265 Current Assets: C3sh at Bank Debtors Prepayments IRent Deposit) Gitt Aid Receivables Total Current Assets 33.866 10.041 33,866 43.907 36.131 CREDITORS: Amount falllng Due wlthin one year Profe$5itywI Fees Tayes Other CredrtNs Total Current Uabllltles 212 363 385 212 748 Nat Current Ass•ts 43,695 35,383 NET ASSETS 48.540 37,648 FU1405: Accumulated Funds Surplu5 for the year 37.648 10.891 48.540 35.454 2.194 37,648 Slgned b Posltlon: Chalrman of Trustees Board Date: aOI(k4 3uJ4
DEC1510N TIME NOTES TO THE FINANCIAL STATEMENT- 30- NOVEMBER 20Z3 ACCOUNTING POUCIES: The financial 5Litements have been prepafed In accordance wlth applicable ac(ountin8 standards and the Charities SORP. The flnancial statements have been prepared under the historical cost conventlon emcept for the valuation of investment assets. which are $wn at market value. The fi'nancial statements Indude all tran10ft$, assets and liabilities fof which the Church C(wncil is rPOnsIble in law Restrlrted Funds represents donations or grants received for a speclfic obfrert or invited by the Church Council for a specific object. The fuNds may only be expended on the specific object for whlth they Were given. Any balance remaining unspent at the end of each year must be carroed forward as a balance on that fund. Geneml Funds (Unrestrlcted Fuftds) are 8enefal funds which can be used fof Church Cwncll ordinary purposes. INCOMING RESOURCES.. Colletti(ffis are reco8nised when made. Amounts receivable under covenant are reco8nised only when honoured by the covenanter. Income tax recoverable on covenanted or 81ft ald donations ts recognised when clalmable. Grant5 and legacies are accounted for as soon as the church council is notified of Its entitlement. Funds ralsed by the fete and similar events are accounted for 8fOSS. RÉSOURCÉS EXPENDED: Grants and donations are accounted for when pald over. or when awarded, If that award create5 a binding or constructive obll8ation on the Church Council. Amounts received specifically for mtssion are dealt with as tfItted funds. All other expendlture is recognised when it is incurred and is accounted fof 8ros5. FIXED ASSErs: Other fixtures. fittin85 and offlce equiprnent are stated at C05t when incurred. DEPRECIATION.. FL*re9 Fth"r95 25% tsa1c• ba Equynwl 25% r•dw( b•lan b••iJ
DEQSION TIME CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30th NOVEMBER 2023 2023 Total 2022 Total It4COMING RÉSOURCES Genernl Restrirted 2a Voluntwi Inc<Hne Tithes & Offerln8 Thanksofferf Gift Ald Returns Refunds Other DortI5 43.763 445 43.763 445 32.210 40 40 100 44.349 44,349 32,210 Buildin8 Projert.. SunElry Don•tl¢)ns TOTAI 44,349 44,349 32.210 Investment Income Interest. Dividet)d and Gains 36 36 36 44.385 44,385 32.210 io DECISION TIME CHURCH
RESOURCES ÉXPENDED FOR THE YEAR ENDED 30TH NOVEMBER 2021 2023 2023 2022 Totsl 3 RESOURCES EXPEP4DED: Mit & Admkn Total RentlRateslc¢xwKiI Ux Welfare Storaqe Musiclmedia Social Travel & Transpwt Accountarsry Equipment Insurance (Buildinq & Car) Slationery& Posta8e Bank Charles Administration C4)5t T*lèphDnelFax & Internet utillties Tiainlng Depreciation Cleanlng Mlssionary Expenses Bin Collections Staff Wages Children Minlstry 5,778 7.648 1,193 1.624 850 2.335 212 7,648 1.193 1,624 850 2,335 212 260 1.432 428 781 4,569 457 5.105 372 781 4,569 457 5.105 372 2,089 13,791 31 755 1,120 33,493 33,493 27,388 li
DEOSION TIME CHURCH NOTES TO THE ACCOUNTS - 30TH NOVEMBER 2013 4. TANGIBLE FIXED ASSETS: Equiptment Fumlture & Fittln TOTAL COSTfdALUATION Bèl as at 01112/2022 Addltions Bal as at 3011112023 4,465 4.928 9393 4.465 4,928 9,393 DEPRECIATION'.18asls. SL 25% I 8•laDC• 45 at 0111212022 Charge for the ye4r Balance as at 3011112023 2.2C 2,2CKI 2,348 4,548 4.548 NET OOIX VALUE Bal as at 3011112022 Bal as at 3011112023 2,200 4.845 4.845 5. Bank & Cash Balan¢•s: 2.02J 2.022 Barclay5 Bank 3J.077 33,866 33,077 33,866 6. Credltofs .' IAmount Falllne wbthln one yt•rl 2,023 2.021 Prote55ional Servi Accruals 212 363 385 212 12