ALL SAINTS TABERNACLE OF CHRIST
Charity Registration Number 1194740
Financial Report for the period to 31 May 2022
Registered Address: 15 Bata Mews, East Tilbury, Essex RM18 8FR
ALL SAINTS TABERNACLE OF CHRIST Financial Report for the period to 31 May 2022
Charity No. 1194740
| Contents | |
|---|---|
| Page | |
| Charity Information | 1 |
| Trustees Report | 2 |
| Income & Expenditure - SOFA | 3 - 3A |
| Balance Sheet | 4 |
| Notes to the accounts | 5 - 8 |
| Independent Examiner's Report | 9 |
All Saints Tabernacle of Christ
ALL SAINTS TABERNACLE OF CHRIST
Charity No. 1194740
Financial Report for the period to 31 May 2022
Charity Information
Trustees Ayodele Peter Joseph Adekunle Mark Ajala Godson Chicka Maduka Registered Address: 15 Bata Mews East Tilbury Essex RM18 8FR Registered Charity Number: 1194740 Accountants: Valiant Waters Associates 15 Marden Road Croydon CR0 3ET
All Saints Tabernacle of Christ
Page 1
ALL SAINTS TABERNACLE OF CHRIST Charity No. 1194740 Financial Report for the period to 31 May 2022 Trustees Report I S8ints Tabernadt of Christ registered as a Charlty Incorporated Organlsation on th8 9th of June 2021. The main oblectives of the charfty are to.. advance the christian f8ith for the benefit of th& publiG Ihrough the holdin95 of rneebngs,1ectyr8s, prOdUn9 and diStnbun9 christi8n Illeralure to enlighten olhws about L*rkst18nityand through broadcasb'ng evangdSsllc and teaching me5sage5,' establish and wn churches. We wnlinued to advance our objectives in Ihe cours8 of the tyr, and Mll (x)nbnue to achieve more of those obj8cliv8s In the future. Theathievernent of our oblecllvas depènd greatry on the wniribution5 of ourdiligent donors and volunteers for whlch we ar& ev8r so gratsful. The follong servèd as Y)e tru51ees during the year under report.. Ayodele Peter Jos8ph Adekunle Mark Aiala Godson Chicka Maduka Signed on behalf of the TFU5tee5'. Name.. Ayo ele Petér J058ph SkJftalur8." Date.. 20-Jun-22 P89e 2 All S81nts TabErnade of Christ
ALL SAINTS TABERNACLE OF CHRIST
Charity No. 1194740
Financial Report for the period to 31 May 2022
Income and Expenditure Account
| Income Expenditure Cost of Sales Streaming Platforms Gross Surplus Administrative Expenses Travel & Subsistence Telephone/Broadband Expensed Equipment & Furniture Advdertisement Bank Charges Retreat & Convention Rent & Hire Volunteers & Tithes paid out Printing Professional Fees Total Administrative Expenses Net Surplus Before Tax Corporation Tax Payable Net Surplus After Tax |
2022 £ 11,806 116 116 11,690 - - 4,251 755 - 1,043 900 2,019 277 1,300 10,545 1,144 - 1,144 |
2021 £ |
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All Saints Tabernacle of Christ
Page 3
ALL SAINTS TABERNACLE OF CHRIST
Charity No. 1194740
Financial Report for the period to 31 May 2022
| Statement of Financial Activities Unrestricted Restricted Total Funds Funds Funds 2022 £ £ £ Incoming Resources Donations 10,763 1,043 11,806 Total Incoming Resources 10,763 1,043 11,806 Outgoing Resources Charitable Activities 926 1,043 1,968 Governance 8,693 - 8,693 Total Outgoing Resources 9,619 1,043 10,661 Net Incoming/(Outgoing) Resources 1,144 - 1,144 Transfer between funds - - - Funds Brought Forward - - - Funds Carried Forward 1,144 - 1,144 |
Total Funds 2021 £ |
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All Saints Tabernacle of Christ
Page 3A
ALL SAINTS TABERNACLE OF CHRIST Ctharfty No. 1194740 Financial Report for the period to 31 May 2022 Balance Sheet a5 at 31 May 2022 Noto 2022 2021 ASSETS CURRENfASSETS Deblor5 Cash at bank and in haNJ Tolal CurrentA&et5 1.644 1,644 CREDITORS.. ATruts fa11iro due vlthfjn onè ar 500 MET CURRENT ASSETS 1,144 NET ASSETS 1,144 Ros¢r¥es Reserves pSented by. Unrestri¢ted Funds ReslriGled Funds 1.144 1,144 The finan¢lal ststsm&nts w•ro approved bythe tNslees on 30th June 2022 and slgned on thèlr behAlfby'. AythJ8le Peter 088ph sKjnaw'. The notss lo these accounts fomi part of Ihesefinanclal stabmènts A¢¢ovffts compl1, r•prnsentari4nS olth•trtists05 by.. V&ll&nl W&lef5AssoGWt&$ AcCents &Atsnagsnwfconsuiian&% 15Mard9nRDad &uydo CR03ET Dat•.. 2JUTr22 Pège 4 All SahtsTabernadB ol ChD51
Charity No. 1194740
ALL SAINTS TABERNACLE OF CHRIST
Financial Report for the period to 31 May 2022
1 ACCOUNTING POLICIES
1a Basis of accounting
The accounts have been prepared under the historical cost convention in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and comply with the with the Companies Act 2006, and on accrual basis. The principal accounting policies adopted in the preparation of the financial statements are as follows:
1b Tangible fixed assets
Fixed assets costing in excess of £2,500 are capitalised and are shown at historical cost.
Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its estimated useful life, by the straight line method, over the following periods:-
Leasehold improvements over 3 years Computers over 3 years Fixtures, fittings and equipment over 4 years
No fixed asset above the £2,500 was purchased in the year, therefore no depreciation charge was due.
1c Taxation
The charity is liabile to meet its statutory obligations on Corporation Taxes Act 1988.
1d Pensions
No pension contribution is payable by the charity during the year.
1e Incoming resources
All incoming resources are included in the financial statement when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy, inclusive of VAT.
1f Outgoing Resources
All resources expended are included in the financial statement on an accrual basis inclusive of VAT.
1g Cash flow statement
The charity has taken advantage of the exemption in Financial Reporting Standard No 1 from producing a cash flow statement on the grounds that it is a small charity.
All Saints Tabernacle of Christ
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ALL SAINTS TABERNACLE OF CHRIST
Charity No. 1194740
Financial Report for the period to 31 May 2022
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2 INVESTMENT INCOME
Total Total
2022 2021
£ £
Bank interest receivable - -
- -
3 OPERATING SURPLUS
2022 2021
£ £
Surplus is stated after charging:
Audit Services - -
Charity Registration Costs 800 -
Non-audit services - accountancy 500 -
1,300 -
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All Saints Tabernacle of Christ
Page 6
ALL SAINTS TABERNACLE OF CHRIST
Charity No. 1194740
Financial Report for the period to 31 May 2022
4 STAFF COSTS
| Employee costs during the year amounted to: Wages and salaries Redundancy costs Social security costs Pension costs No employee engaged during the financial |
2022 £ - - - - - year. |
2021 £ - - - - |
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5 TANGIBLE FIXED ASSETS
| Improvements to Leasehold £ Cost At 31 May 2022 - Depreciation At 31 May 2022 - Net Book Amounts At 31 May 2022 - 6 DEBTORS Debtors and prepayments |
Computer Equipments £ - - - 2022 £ - - |
Fixtures & Fittings £ - - - 2021 £ - - |
Total £ - |
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All Saints Tabernacle of Christ
Page 7
ALL SAINTS TABERNACLE OF CHRIST
Charity No. 1194740
Financial Report for the period to 31 May 2022
| 7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors including taxation and social security for period Trade creditors - B/fwd from previous year Accruals and Deferred income |
2022 £ 500 - - - 500 |
2021 £ - - - - |
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8 ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Fund Balances at 31st May 2022 are represented by Net Incoming (Outgoing) Resources for the period Accumulated Funds Brought Forward Funds Carried Forward |
Unrestricted Restricted Total Fund Fund Fund 2022 £ 1,144 - 1,144 - - - 1,144 - 1,144 |
Total 2021 £ - - |
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| - |
9 CONTINGENT/OUTSTANDING LIABILITIES
No contingent or oustanding liabilities at the end of the year
10 COMMITMENTS AND GUARANTEES
No commitment or guarantee was given in the year
All Saints Tabernacle of Christ
Page 8
ALL SAINTS TABERNACLE OF CHRIST
Charity No. 1194740
Financial Report for the period to 31 May 2022
Independent Examiner's Report
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/05/2022 as set out on pages 1 to 8.
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
Responsibilities and basis of report
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with
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section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signature: AdeOmis-Adeyela Name: A Omisakin-Adeyela Designation: FAIA, MSc Date: 20 June 2022 Address: Valiant Waters Associates 15 Marden Road Croydon CR0 3ET
All Saints Tabernacle of Christ
Page 9