2023-12-31-accounts - Eben Ezer Church London

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Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE

Eben Ezer Church London

Charity No. 1191875

Trustees' Report and Unaudited Accounts

31 December 2023

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE Eben Ezer Church London

Contents

	Pages
Trustees' Annual Report	2 to 3
Independent Examiner's Report	4
Statement of Financial Activities	5
Balance Sheet	6
Notes to the Accounts	7 - 1 0

Page 1

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE

Eben Ezer Church London

Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. CE024123

Charity No. 1191875

Principal Office

John Keble Church Halls Church Close Edgware Greater London HA8 9NS

Trustees

The following Trustees served during the year:

F. Balan

V. Bura P. Remus

Accountants

Cloud Accountancy Solutions 94 Lower Cross Road

Bickington Barnstaple EX31 2PJ

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

V. Bura Trustee

31 December 2023

Page 2

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE Eben Ezer Church London

Trustees Annual Report

Objectives and Aims

To advance the Christian faith in accordance with the Evangelical Alliance basis of faith, in London and in such other part of the United Kingdom or the world as the trustees of the charity may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work for the Charity;
To relieve persons who are in conditions of need or hardship and who are aged or sick and to relieve the distress caused thereby in the said location and is such other parts of the United Kingdom or the world as the trustees may from time to time think fit.

Summary of main activities

Eben Ezer Church London is an independent Romanian Pentecostal church that meets regularly for worship and teaching and providing pastoral care and support.

Public benefit

The trustees have read and given due regard to the guidance issued by the Charity Commission on public benefit.

Achievement and Performance

Charitable activities

We have sent humanitarian packages to Ukrainian refugees in Romania. Few times we were visited by missionary pastors in Ukraine or other pastors looking after the Ukrainian refugees in different parts of Romania and we had organised meetings and collections to support them. We have also organised and sent “shoe box” packages to an orphanage in Romania. The diverse church services were held regularly and were mostly praying and worshipping with few baby/child dedications and a wedding. Our Sunday school activities were ongoing on regular basis covering all different age groups.

Financial review

Donations received in the period amounted to £41,516 (2022: £35,352) with expenses of £32,701 (2022: £38,331) resulting in a surplus for the year of £8,815 (2022: deficit £2,979) Unrestricted cash reserves held at the year end amounted to £12,676

Reserves policy

The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the Charity should be approximately three months of the resources expended. At this level the trustees feel that they would be able to continue the current activities of the Charity in the event of a significant drop in income.

Structure Governance and Management

Governing document

Eben Ezer Church London is a Charitable Incorporated Organisation registered on 19th October 2020. New trustees are elected by the existing trustees to the board after nomination and interview. Financial reports are presented to the board at each meeting. Minutes of each meeting are taken and subsequently distributed.

Page 3

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE Eben Ezer Church London Independent Examiners Report

Independent Examiner's Report to the trustees of Eben Ezer Church London

I report to the charity trustees on my examination of the financial statements of Eben Ezer Church London for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the financial statements of the Charity 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 financial statements as carried out under section 145 of the Charities Act 2011 ('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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in accordance with section 386 of the 2006 Act ; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
the financial statements 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 should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Cheryl Manning FFA

Cloud Accountancy Solutions 94 Lower Cross Road Bickington Barnstaple

EX31 2PJ

31 December 2023

Page 4

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE

Eben Ezer Church London

Statement of Financial Activities

for the year ended 31 December 2023

Unrestricted funds 2023 £ 41,516	Total funds 2023 £ 41,516	Total funds 2022 £ 35,352
41,516 32,701	41,516 32,701	35,352 38,331
32,701 -	32,701 -	38,331 -
8,815 -	8,815 -	(2,979) -
8,815	8,815	(2,979)
8,815 3,861	8,815 3,861	(2,979) 6,840
12,676	12,676	3,861

Page 5

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE Eben Ezer Church London

Balance Sheet

at 31 December 2023

Company No. CE024123 Notes 2023 £ Current assets Cash at bank and in hand 12,976 12,976 Creditors:Amount falling due within one year 6 (300) Net current assets 12,676 Total assets less current liabilities 12,676 Net assets excluding pension asset or liability 12,676 Total net assets 12,676 The funds of the charity Restricted funds 7 Unrestricted funds 7 General funds 12,676 12,676 Reserves 7 Total funds 12,676	2022 £ 4,111
	4,111 (250)
	3,861 3,861
	3,861
	3,861
	3,861
	3,861
	3,861

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 December 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 31 December 2023

And signed on its behalf by:

V. Bura Trustee

31 December 2023

Page 6

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE

Eben Ezer Church London

Notes to the Accounts

for the year ended 31 December 2023

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 7

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE Eben Ezer Church London

Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2 Company status

The company is a Charitable Incorporated Organisation.

Page 8

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE

Eben Ezer Church London

Notes to the Accounts

3 Income from donations and legacies

Gifts and donations 4 Other expenditure Motor and travel costs Premises costs General administrative costs Legal and professional costs 5 Staff costs No employee received emoluments in excess 6 Creditors: amounts falling due within one year Accruals 7 Movement in funds Restricted funds: Unrestricted funds: General funds Total funds 8 Analysis of net assets between funds Net current assets	of £60,000. At 1 January 2023 3,861 3,861	Unrestricted £ 41,516 41,516 Unrestricted £ 900 29,007 2,494 300 32,701 2023 £ 300 300 Incoming resources (including other gains/losses ) £ 41,516 41,516	Total 2023 £ 41,516 41,516 Total 2023 £ 900 29,007 2,494 300 32,701 Resources expended £ (32,701) (32,701) Unrestricted funds £ 12,676 12,676	Total 2022 £ 35,352
				35,352
				Total 2022 £ 2,297 31,209 4,575 250
				38,331
				2022 £ 250
				250
				At 31 December 2023 £ 12,676
				12,676
				Total £ 12,676
				12,676

Page 9

Docusign Envelope ID: FFF97663-088C-48DB-BA0A-03ADAC714FEE Eben Ezer Church London

Notes to the Accounts

9 Reconciliation of net debt

Reconciliation of net debt
Cash and cash equivalents Net debt	At 1 January 2023 £	Cash flows £	At 31 December 2023 £
	4,111	8,865	12,976
	4,111 4,111	8,865 8,865	12,976
			12,976

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