OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-05-31-accounts

CHARITY COMMISSION rOR ENGLAND AND WALES Trustees, Annual Report for the period Period stsrt date To 3110512022 From 0110612021 Period end date Charity name: Opened Heavens Chapel Limited Charlty registration number: 1191871 Objectives and Activities | SORP iefereneè Pora 1 17 Summary of the purposes of the charity as set out in its govemlng document 1. Support young people, children, adult by training and equipping them to be good citizens and people. 2. Organise food banks. 3. Provides counselling and marriage seminars. 4. Carries out baptisms, christening, weddings, funerals. 5. Community outreach with the good news of the gospel of Jesus Christ. 6. Organises youth camps. 7. Cooperate with local authorities to ensure family uni 1. Weekly youth and young people meeting has been organised to teach and Irain them to be good and godly persons as well as law abiding citizens. 2. Weekly Ghurch services were organised to ensure good social and spiritual wellbeing of members. 3. Marriage seminar was organlsed. Several marriage and other Gounselling sessions were oryanised with tremendous Impact on the members and the community as a whole. Two people were married blissfully. 4. The men fellowshi anised two Summary of the main activities in relation to tho$e purposes for the public benefit, in particular, the activities, projects or seNices identified in the accounts. Par? 1.17 and 1 19

seminars on educatlon and rinance managemenL The ladies lellowship likewise organised several programs to foster and improve the general, mental social and spiritual wellbeing of the modern-day woman. This wa8 attended by members and the publiG. 5. Several babies and children were christened and dedicated to the Lord. Ten persons wer8 baptised in water. Bereaved families and persons were supported and counselled . 6. Food bank, dubbed lovefeast, was organised in which members and the public were treated with hot meals from differont ethnic and nationals. This was amidst music, dancing. and 80clal networking. 7. Community outreach with the good news of the gospel of the Lord Jesus Chrlst was organised on three soparate occasions using Iracts, one to none and the use of the social media. A monthly family service is organised in which families are prayed for as wèll as parents praylng for chlldren and supported. Etc. 8. Tho church Complex was refurblshed and upgraded to make It comfortable and modernised for the worshipers and community. The chlldren and youth hall were also installed with audio visual equipment. The cost dynamlcs of these are captured in the account8 of the Church. About 300 adults and young parishioners ar8 recorded on our roll. About 85 children are also on our roll. The church enjoyed an increase of 300A growth in the adult and youth population, and about 450 increase in the children population Trustees have a clear understsnding of their role in line with the guidance issued by the charity commission on publlc benefit Given its wider responsibilities, several committees are set up internally to handle different sections in the Church such as worshlp. prayer, welfare, men, women, youth, children, finance, sanctuary keeping etc in the line with charlty commission guidance. Performance and minutes are reviewed to ensure com liance wtth the commission. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Parn 1.18

Additional information (optional) You ma choose to include further statements where relevant about.. SORP reference No grant has lièen made so far. In the event of grant making, it will strictly be made under the general guidance of tho commission. ParB 1.38 Policy on grant making None speciflc at the moment but would adopt the policy as per the commission guidance on investm8nL Para 1.38 Policy on social investment including program related inveslment We will like to thank volunteers who worked so hard to make our church a lively and vibrant community. Volunteers worked in various sections such as the audio- visual, administration, protocol and ushering, finance, food, and hospitality, children and youth artments etc. Contribution made by volunteers Para 1.38 other Achievements and Performance SORP rnf•Mn

The church complex wa5 refurblshèd

and upgraded to make It comfortable and modernised for the worshipers and community. The children and youth hall were also Instslled with audio visual equipment. The cost dynami¢s of these are captured in the accounts of the Church. About 300 adults and young parishioners are recorded on our roll. About 85 children are also on our roll.

The church organised varlous seminars

In the areas of finance, educatlon, family wellbeing> and marriage. The members and wider community and society were In attendance. These has brought transformation to many.

Community outreach with the good

news of the gospel of the Lord Jesus Christ was organised on three separate occasions using tracts, one to none and the use of the social media

Food bank 'dubbed love feast. was

organi5ed in which members and the public were treated with hot meals from different ethnic and nationals. This was amidst music, dancing, and social I networkin Summary ofthe main achievernents of th8 Charity, idenlifying Ihe difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. P$r¥ 1.zo

Additional infomiatlon (optlonal) You ma choose to include further statements where relevant about.. We were able to achleve a great milèstona of perfomance against objectives seL Achievements against objectives Set P•r# 1.41 Fundraising was baslcally through the generous contrlbutlon of members. Not specific targot sot but the basic needs were generously met. The only tsrget set was In connectlon wlth the payment of the charge on our property as per the purchase agrèement, in which we are required to make an annual payment of £10000 . This has been gracefully pald in the year under review: Thè church complex was refurbished and upgraded to make It comfortable and modernised for the worshipers and ommunity. The children and youth hall were also installed wlth audio visual •quipment. The cost dynamics of Ihesè are captured in the accounts of the Church. NIA Performan￿ of fundraislng activities against objective8 set Par¥ 1.41 Investment perfomiance against objectives Porn141 Other

Financial Review Review of the charity's financial position at the end of the enod Statement explaining the policy for holding reserves stating why they are held Para 1.21 Total income was £ 98911.00. Total expendit•"ro was £ 77869.00 Para 1.22 We maintain a balance of unrestricted funds (If possible) which equates to at least three months unrestricted payments equivalent to £9000 to cover emergency situations that may arise from time to time. Please refer to the annual accounts. Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern PaTr 1.22 P8ra 1.24 Para 1.23 NIA Addltlonal informatlon (optional) You ma choose to include further statements where relevant about: Donations, offering and olher free wlll contributions. Gift aid repayment claim The charity's principal sources of funds (including any fundraising) P•f¥ 1.47 NIA Investment policy and objectives including any social investment policy adopted Pam 1.48 NIA A description of the principal risks facing the charity P¥ro 1.46 Other

Structure, Goyernance and Management Description of charity's trusts= Type of governing document It comprise5 tr.-ee members at moment headed by. a chairman Memorandum and articles of association Para 1.25 How is the charity constituted? Ib g unincorporated Para 125 Opened heavens chapel is a charitsble company Trustee selection methods including details of any ¢onstilulional provisions e.g. election to posl or name of any person or body entitled to appoint one or more trustees Para 1.25 Appointment is by recommèndation from the local church council to reflect the composition of different committees and national and ethnic groups In the church. Reference and Administrative details Charity name Other name the charit Registered charity number Charity's principal address ened Heaven8 Cha NIA 1191871 383 Beverley Road. HU5 1LS Hull ILtd

Names of the charity trustees who manage the charlty Dates acted if not forwhole ear Trusts& ￿rne Office Ilf any} Name of person lar bodyl entil olnt trust•• Ifan Vusimusi Alfred Swakamisa Aaron Acquaye Jeannie Melissa Brooks Chair member member 24110122 to present 10 12 13 14 15 16 17 18 19 20 Corporate trustees - names of the directors at the date the report was ap_prov8d Director namè Name of trustees holding tille to property belonging lo the charity Trustsg namo D8te$ •¢ted if not for whole ¢4r

Funds held as custodian trustees on behalf of others Description of the assels NIA held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects NIA Details of arrangements for safe custody and segregation of such assets from the charity's own asset5 Declarations The trustees declare that thoy havè approved the trustees, report above. Slgned on behalf of the Charity's trustees Signaturels Full namel$) Position leg Secretary, Chalr, etc) Vusimusi Alfred Swakamisa Chair Date 2910312023

Registered number: 11369266

OPENED HEAVENS CHAPEL LTD

FINAL DRAFT ACCOUNTS FOR THE YEAR ENDED 31/05/2022

Prepared By:

Crumpton & Co Ltd Chartered Accountants 682 Anlaby Road Hull East Yorkshire HU3 6UZ

OPENED HEAVENS CHAPEL LTD

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/05/2022

TRUSTEES

Alfred Baah Alex Asare-Yeboah

SECRETARY

Jeremy Michael Fiducia

REGISTERED OFFICE

126 Hawthorn Avenue Hull East Yorkshire HU3 5PY

COMPANY NUMBER

11369266 CHARITY NUMBER

ACCOUNTANTS

Crumpton & Co Ltd Chartered Accountants 682 Anlaby Road Hull East Yorkshire HU3 6UZ

page 1

OPENED HEAVENS CHAPEL LTD

ACCOUNTS

FOR THE YEAR ENDED 31/05/2022

CONTENTS

Page
Report of the Trustees 3
Accountant's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Accounts 7 to 11
Detailed Statement of Financial Activities 10

page 2

OPENED HEAVENS CHAPEL LTD

TRUSTEES' REPORT

FOR THE YEAR ENDED 31/05/2022

The trustees present their report and accounts for the year ended 31/05/2022

PRINCIPAL ACTIVITIES

The principal activity of the charity in the year under review was Religious Organisation .

STRUCTURE GOVERNANCE AND MANAGEMENT

structure and governance text goes here

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 31/03/2023

Alex Asare-Yeboah Trustee

page 3

OPENED HEAVENS CHAPEL LTD

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS

OF OPENED HEAVENS CHAPEL LTD , FOR THE YEAR ENDED 31/05/2022

In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of OPENED HEAVENS CHAPEL LTD for the year ended 31/05/2022 as set out on pages 5 to 10 from the company's accounting records and from information and explanations you have given us.

As a practising member of the ICAEW , we are subject to its ethical and other professional requirements which are detailed on their website.

This report is made solely to the Board of Directors of OPENED HEAVENS CHAPEL LTD , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of OPENED HEAVENS CHAPEL LTD and state those matters that we have agreed to state to the Board of Directors of OPENED HEAVENS CHAPEL LTD , as a body, in this report, in accordance with the requirements of the ICAEW as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OPENED HEAVENS CHAPEL LTD and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that OPENED HEAVENS CHAPEL LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of OPENED HEAVENS CHAPEL LTD . You consider that OPENED HEAVENS CHAPEL LTD is exempt from the statutory audit requirement for the year .

We have not been instructed to carry out an audit or a review of the accounts of OPENED HEAVENS CHAPEL LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Crumpton & Co Ltd Chartered Accountants 682 Anlaby Road Hull East Yorkshire HU3 6UZ 31/03/2023

page 4

OPENED HEAVENS CHAPEL LTD

Statement of Financial Activities for the year ended 31/05/2022

Statement of Financial Activities
for the year ended 31/05/2022
Income
Income from generated funds
Donations and legacies
Income from Investments
Total Income and endowments
Expenses
Costs of generating funds
Expenditure on Charitable activities
Total Expenses
Net gains on investments
Net Income
Gains/(losses) on revaluation of fixed assests
Net movement in funds:
Net income for the year
Total funds brought forward
Net funds carried forward
Unrestric
ted funds
£
97,911
-
97,911
54,258
54,258
43,653
43,653
14,234
57,887
Restricte
d funds
£
-
-
-
-
-
-
-
143,656
143,656
2022
Total
£
97,911
-
97,911
54,258
54,258
43,653
43,653
157,890
201,543
2021
Total
£
186,923
7
186,930
55,492
55,492
131,438
131,438
26,452
157,890

This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

page 5

OPENED HEAVENS CHAPEL LTD

BALANCE SHEET AT 31/05/2022
Notes
FIXED ASSETS
Tangible assets
3
CURRENT ASSETS
Cash at bank and in hand
CREDITORS: Amounts falling due within one year
4
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS: Amounts falling due after more than one year
5
NET ASSETS
CAPITAL AND RESERVES
Unrestricted funds
7
General fund
Restricted funds
8
15,494
15,494
5,854
2022
£
191,903
9,640
201,543
-
201,543
57,887
143,656
201,543
12,432
12,432
5,004
2021
£
180,462
7,428
187,890
30,000
157,890
14,234
143,656
157,890

For the year ending 31/05/2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors 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.

Approved by the board of trustees on 31/03/2023 and signed on their behalf by

.............................

V A Swakamisa

Trustee

page 6

OPENED HEAVENS CHAPEL LTD

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/05/2022

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1d. Allocation And Apportionment Of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

1e. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

page 7

OPENED HEAVENS CHAPEL LTD

1f. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles %
Fixtures And Fittings %
Equipment %
Motor Cars %

2. EMPLOYEES

2. EMPLOYEES
2022 2021
No. No.
Average number of employees - -

3. TANGIBLE FIXED ASSETS

Land
And
Commercial
Buildings Vehicles
£
£
Cost
At 01/06/2021
170,000
25,794
Additions
-
-
At 31/05/2022
170,000
25,794
Depreciation
At 01/06/2021
-
18,425
For the year
-
1,842
At 31/05/2022
-
20,267
Net Book Amounts
At 31/05/2022
170,000
5,527
At 31/05/2021
170,000
7,369
Fixtures
and
Fittings
Equipment
£
£
209
1,719
-
17,473
209
19,192
100
376
16
3,764
116
4,140
93
15,052
109
1,343
Motor
Cars
£
2,500
-
2,500
859
410
1,269
1,231
1,641
Total
£
200,222
17,473
217,695
19,760
6,032
25,792
191,903
180,462

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans and overdrafts
Other creditors
2022
£
5,000
854
5,854
2021
£
-
5,004
5,004

page 8

OPENED HEAVENS CHAPEL LTD

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Other creditors

2022
£
-
-
2021
£
30,000
30,000

6. LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £50, to the company should it be wound up. At 31/05/2022 there were 2 members.

7. UNRESTRICTED FUNDS

General fund

8. RESTRICTED FUNDS

Brought
forward
£
14,234
Incoming
resource
s
£
97,911

Outgoing
resource
s
Transfers
£
£
(54,258)
-
(54,258)
-

Outgoing
resource
s
Transfers
£
£
-
-
-
-

Outgoing
resource
s
Transfers
£
£
(54,258)
-
(54,258)
-

Outgoing
resource
s
Transfers
£
£
-
-
-
-
Carried
forward
£
57,887
14,234 97,911 - 57,887
Brought
forward
£
143,656
Incoming
resource
s
£
-
Carried
forward
£
143,656
143,656 - - 143,656

page 9

OPENED HEAVENS CHAPEL LTD

Incoming Resources for the year ended 31/05/2022

Incoming Resources
for the year ended 31/05/2022
Incoming resources
Incoming resources from generated funds
Grants
Tithes, Offerings & Collections
Donations
Gift Aid Tax Refunds
Investment income
Interest received
51,912
11,000
34,999
-
2022
£
97,911
97,911
-
-
97,911
28,298
158,625
-
7
2021
£
186,923
186,923
7
7
186,930

page 10

OPENED HEAVENS CHAPEL LTD

Expenses for the year ended 31/05/2022

Expenses
for the year ended 31/05/2022
Expenses
Costs of generating funds
Charitable Activities
Insurance
Water rates
Heat and light
Rent
Cleaning & Covid19 Protection
Repairs and renewals
Wages - Pastor's Stipend
Refreshments & Sundry expenses
Motor expenses
Accountancy fees
Communion Wine & Wafers
Legal costs (capital)
Community & Social Events
Printing, Stationery & Advertising
Telephone
Equipment Hire
Charitable donations
Bank charges
Hire purchase interest
Depreciation of commercial vehicles
Depreciation of fixtures and fittings
Depreciation of equipment
Depreciation of motor cars
2022
£
681
477
5,528
-
82
11,802
16,500
1,539
4,385
360
-
-
601
3,439
1,150
127
200
613
742
1,842
16
3,764
410
54,258
54,258
2021
£
1,135
-
-
2,060
68
32,042
10,560
50
2,123
248
173
2,430
-
227
570
-
-
-
699
2,457
19
84
547
55,492
55,492

page 11

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Opened Heavens Chapel Ltd members of On accounts for the year 1191871 Charity no 1191871 ended (if any)

Set out on pages 5 to 10 of the Financial Statements

Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Basis of independent My examination was carried out in accordance with general Directions given examiner’s statement by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent 1.In connection with my examination, no matter has come to my attention examiner's statement which gives me reasonable cause to believe that in, any material respect, the requirements:

2.to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:
Garth Crumpton 31/03/2023
Mr G Crumpton of Crumpton & Co Ltd Chartered Accountants
Institute of Chartered Accountants in England & Wales
Crumpton & Co Ltd, 682 Anlaby Road, Hull, HU3 6UZ

1

Section B Disclosure

Only complete if the examiner needs to highlight material problems.

1

Give here brief details of any items that the examiner wishes to disclose .

1