GLOBAL ENDTIME PRAYER ARMY
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th ] APRIL 2022
CHARITY NUMBER: 1195839
GLOBAL ENDTIME PRAYER ARMY TRUSTEES’ REPORT YEAR ENDED 30[th ] APRIL 2022
The trustees are pleased to present their report for the year ended 30[th ] April 2022 for the charity, Covenant Restoration Chapel International with Charity Number 1195839. Address: 80 Crouch Avenue, Barking, IG11 0SP
The Trustees of the charity are: JOHN MOLLEKEN JANE HALM-QUAGRAINIE GYAMFO AGYABENG SARAH MARNU STELLA POKUAAH REV THERESA DOE
The principal address of the charity is: 80 Crouch Avenue, Barking, IG11 0SP
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is governed by a board including the trustees. It meets regularly to review, and plan activities and monitor the financial position.
OBJECTIVES AND ACTIVITIES
The Objects of the organisation are to advance the Christian faith, in particularly but not
exclusively, the provision of a place of worship, providing teaching on the bible and living and communicating within a Christian ethos and providing relief to those in need
ACHIEVEMENTS AND PERFORMANCE
The Charity holds weekly online prayer meetings and yearly prayer summits on to pray and teach the word of God.
FINANCIAL REVIEW
The income of the charity is below £25,000. This is the early stages of the charity and the charity is positioning itself to develop.
RISK MANAGEMENT
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
TRUSTEE RESPONSIBILITIES
The trustees are required under the Charities Act 2011 to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the charity and keep proper records which discloses with reasonable accuracy the finances of the charity at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 4[th ] April 2023
GLOBAL ENDTIME PRAYER ARMY
ACCOUNTS FOR THE YEAR ENDED 30th April 2022
| ACCOUNTS FOR THE YEAR ENDED 30th April 2022 | ACCOUNTS FOR THE YEAR ENDED 30th April 2022 | |
|---|---|---|
| 1. Receipts & Payments Account (General Purpose Fund) £ | £ | |
| Income Receipts | 2022 | 2021 |
| Tithes and Offerings | 1125.58 | 0 |
| Donations | 0 | 0 |
| Gift Aid | 0 | 0 |
| --------------------------- | ||
| Total Receipts | 1125.52 | 0 |
| --------------------------- |
| Direct Charitable Expenditure | ||
|---|---|---|
| Office & Church Rent | 0 | 0 |
| Welfare | 338.96 | 0 |
| Salary | 0 | 0 |
| Benevolence giving | 350 | 0 |
| Administration | 200 | 0 |
| Ministry expenses | 0 | 0 |
| Maintenance and Repairs | 0 | 0 |
| Rates | 0 | 0 |
| Utility costs | 0 | 0 |
| --------------------------- | ||
| 888.96 | 0 | |
| Other Expenditure | ||
| Stationary Equipment | 0 | 0 |
| Total Payments Net Receipts/ (Payments) for the year Cash Funds at start of year Adjustments Cash Funds at end of year |
888.96 0 236.56 0 0 0 --------------------------- 115.46 0 --------------------------- |
|---|---|
GLOBAL ENDTIME PRAYER ARMY
| 2 .Statement of Assets and Liabilities at | 30th April 2022 |
|---|---|
| 2022 2021 |
|
| Cash Funds | Unrestricted |
| £ Funds £ |
|
| Bank |
115.46 0 |
| ------------------------ | |
| Total Cash Funds |
115.46 0 |
| ------------------------ | |
| Liabilities | |
| Accounting Fee | 0 0 |
| Approved by the Trustees | |
| ------------------------------------------------------------------------------- |
ACCOUNTING POLICIES
Basis of Accounting
These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993.
Salary
The church had no employee during the financial year. Most work are undertaken by volunteers who were members of the church.