## **WORSHIP HILL CHURCH**
## **Financial Statements for the year ended 30 November 2023**
|**Contents**|**Page**|
|---|---|
|Trustees and Professional Advisors|2|
|Trustees Report|3-5|
|Independent Examiner Report|6|
|Statement of Financial Activity|7|
|Statement of Financial Position|8|
|Notes to the Financial Statements|9-12|
Page **1** of **12**
## **Charity Registration No: 1195958 Company registration No: 12336454**
## **Trustees and Professional Advisors Principal Office:**
73 Butterys Thorpe Bay Southend On Sea SS1 3DT
## **Trustees:**
Tonderai Chinomona Ratidzo Rungano Simbisai Makumbe
## **Directors**
Tonderai Chinomona Ratidzo Rungano Julias Tinashe Mahuni
## **Bankers:**
1 Churchill Place London E14 5HP
## **Independent Examiners:**
Bilberry Accountants Limited Chartered Accountants Kingsgate, 62 High Street Redhill RH1 1SG
Page **2** of **12**
## **Trustee Report**
## **Structure, Governance and Management**
The Worship Hill Church is a company limited by guarantee and is governed by a memorandum and articles of association under the Companies Act and dated 20 October 2006.
## **Organisation and decision-making structure** .
There are a minimum of three Directors and one Trustee who meet approximately three to four times a year to consider all aspects of the company's activities and to monitor progress on the company's business plan. This plan helps Directors/Trustee to work towards a shared and sustainable vision, agreeing priorities and appropriate activities to achieve these.
Communication with church members is conducted through tailored mailing, email, newsletter, and the website.
## **Trustee induction**
Following election as a Trustee, an induction session is held including explanations of the roles and responsibilities of trustees and directors.
## **Governing Bodies**
The Directors & Trustees are responsible for:
- Appointing members of the administrative committee
- Policies and procedures for induction and training of trustees
- Organisational structure and interrelationships of component organs
- Monitoring the charity’s compliance with relevant laws and standards
## **The Board**
The Trustees and the Directors who served during the year are set out on page 1 of this report.
## **Trustees' Responsibilities**
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements the Trustees have: -
- Selected suitable accounting policies and then applied them consistently.
- Made judgements and estimates that are reasonable and prudent.
- Stated whether all applicable United Kingdom accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements:
- Prepared the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
## **Declaration by the charity Trustees in relation to the independent examination:**
So far as each Trustee is aware, there is no relevant information, defined as “Information needed by the charity's independent examiner in connection with preparing their report", of which the charity's independent examiner was unaware; and each Trustee has taken all steps that he ought to have taken Page 4 of 12 to make himself aware of any relevant matters and to ensure that the charity's independent examiner is aware of such information. Such steps include making inquiries of other Trustees and independent examiner and other steps required by the Trustee's duty to exercise due care and skill.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Charities Act 2006.
## **Objectives & Activities**
The advancement of the Christian religion according to the Holy Scriptures as contained in the confession of Faith set out in the Schedule hereto in the United Kingdom, and to such parts of the world, as the Trustees may from time to time determine. To relieve sickness and financial hardship, and to promote and preserve good
Page **3** of **12**
health by the provision of funds, goods, items or services and counselling support and prayers in the UK, or other parts of the World, as the Trustees may from time to time determine. To promote for the benefit of the community the provision of facilities for education, recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of advancing education and improving the conditions of life.
Our activities are mainly supporting the homeless and people with mental issues. We’re also supporting the youth by creating activities that will take them out of drugs, and gun crimes
## **Achievements & Performance**
Advancing the Christian faith by holding the traditional Sunday Services throughout the year. Services are open to the public. Church Services and bible studies are held on Sundays. Midweek meetings and bible studies are held on Wednesdays and Fridays, respectively.
We have two ministries that are arms that link us with the community.
1. Hill Mental Support: We support people whose mental health is affected by challenges of life. We do this by providing counselling and weekly food supplies.
2. Hill Musical School: A musical school in the making where the youths are taken out from the streets by giving them music which can give them more productive lives
## **Social Support and Community impact**
- Teaching and spreading the good news of Jesus Christ.
- The church impacted the community through its programs for women, men, and youth.
- Career counselling
- Feeding scheme (tea and coffee)
- Educational counselling
- Pre-marital counselling
- Marriage counselling
- Bereavement counselling
- Hospital visits
- Welfare provision
- Prayer support
- Telephone counselling
- Supporting local charities
- Women's meetings/ events Men's meetings/ events
- Young adult's meetings/ events
- Single's meetings/ events
- Sunday school
- Child dedication
- Baptism
- Sunday services
- Community Centre
## **Donations**
The church continues to make life changing donations. We however didn’t receive any donations in this period from the our partners - Southend Emergency Fund and The National Lottery Community Fund in distributing weekly food parcels to about 30 families.
## **Emphasis on Youth Empowerment**
We have started amongst other things, the Hill Musical School which we believe will empower the Youths in the area of music. There has not been much development in this period in this ministry due to financial constraints.
Page **4** of **12**
## **Financial review**
The Statement of Financial Activities shows total revenues of £34,540. Detailed sources of income are shown in note 2-3. Total expenditure was £44,490.
## **Reserves' Policy**
The Charity needs reserves to enable it to progress to completion both its long-term projects and to protect its current activities, to allow the Charity to meet its responsibilities and ensure that it continues to operate on a going concern basis. The Charity has examined the needs, risks and challenges faced in both the short and medium term, along with relevant financial forecasts and have formulated a policy to meet those needs. During the year the Trustees have reviewed the reserves policy to reflect the level of reserves required to cover fluctuations in the timing of income. The policy is to hold between 3 months' and 6 months of budgeted income. This range is between **£5 000** and **£10 000** . The free reserves of the charity met this target.
Trustee (Position): Chairman/Director
By order of the Board of Directors/Trustee
Name: Tonderai Chinomona Signature: T J Chinomona Date: 08/10/24
Page **5** of **12**
## **Independent Examiner's Report**
The Management and Board of Trustees of Worship Hill Church Life, who are registered as a charity, appointed me to independently examine their trustees' report, financial reports and the accompanying notes for the year ended 30[th] November 2023.
## **Responsibilities of Management and Board of Trustees**
- To safeguard the Charity's assets and in particular to ensure that the Financial Reports are free from material misstatements due to fraud.
- To keep adequate financial records and to ensure that the published reports are based on these records.
- To ensure that the published reports are true and fair.
- Consider their charity to qualify for an independent examination in terms of Part 8 and sections 145 and 152 of the Charities Act of 2011.
## **My Responsibility**
- To carry out procedures such as analytical reviews, comparing the published reports to the financial records kept by the charity and enquiring from those tasked with the governance of the charity any matters that need clarity.
- I also considered the disclosures of material facts in the financial reports and the going concern of the charity.
- The nature and extent of my examination did not provide appropriate and adequate audit evidence and therefore no audit opinion is provided in this report.
## **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:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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 accounts to be reached.
## **Macjones Hunduza ACA**
## **For and on Behalf of**
**Bilberry Accountants Ltd Chartered Accountants**
04 November 2024
Page **6** of **12**
## **Statement of Financial Activity**
## **For the year ended 30 November 2023**
|Note
**Incoming Resources**
Voluntary Income
2
Other Income
3
**Total Income Resources**
**Charitable Expenditure**
Ministry costs
4
Church Governance
5
Church Running
Community Building
**Total Resources Expended**
**Net movement in Funds**
Prior Year Adjustment
**Fund balance brought forward**
**Fund balance carried forward**|**31-Mar**
**2023**
**£**
34,540
0
**34,540**
6,550
840
37,100
0
**44,490**
**(9,950)**
0
35,365
**25,415**|**31-Mar**
**2022**
£
27,832
4,500|
|---|---|---|
|||**32,332**|
|||5,278
840
31,317
8,399|
|||**45,834**|
||||
|||**(13,502)**|
|||0
48,867|
|||**35,365**|
Page **7** of **12**
## **Statement of Financial Position**
## **As at 30 November 2023**
|Note
**Fixed Assets**
Tangible assets
6
**Current Assets**
Cash at bank and in hand
7
Trade and other debtors
8
**Current Liabilities**
**Creditors amounts falling due within one year**
Trade and other creditors
8
**Net current Assets**
**NET ASSETS**
**CHARITY FUNDS**|**31-Mar**
**2023**
**£**
18,199
8,056
0
**8,056**
(840)
**7,216**
**25,415**
**25,415**|**31-Mar**
**2022**
**£**
24,519
11,686
0|
|---|---|---|
|||**11,686**
(840)|
|||**10,846**|
|||**35,365**|
||||
|||**35,365**|
The financial statements of Worship Hill Church, registration number 1195958 were approved by the Trustees on 4[th] November 2024.
Approved on behalf by:
**Ratidzo Rungano** Trustee
**Tonderai Chinomona** Trustee
Page **8** of **12**
## **Notes to the Financial Statements for the year ended 30 November 2023**
## **1. Accounting Policy**
## **a) Basis of preparation**
The financial statements have been prepared under the historical cost convention and are in accordance with trust law, applicable accounting standards and the Statement of Recommended Practice, “Accounting and Reporting by Charities”, issued in March 2005.
## **b) Fund accounting**
Unrestricted funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **c) Incoming resources**
Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Investment income is recognised on a receivable basis.
Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
## **d) Resources expended**
Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services supplied.
Other grant payments costs of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.
Governance costs include those incurred in the governance of its assets and are primarily associated with constitutional and statutory requirements.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating office property costs by floor areas, management and human resources costs by the number of staff, and finance and IT costs by work done.
## **e) Donated Goods and volunteer and other donated services.**
Donated goods are recognised in different ways dependent on how they are used by the charity:
- (i) Those donated for resale produce income in the trading venture when they are disposed of. (ii) Those donated for onward transmission to beneficiaries (chiefly clothing, food and medical supplies) are included in the statement of financial activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquire them.
The charity has not received any goods for use by the charity itself. The value of services provided by volunteers is not incorporated into these financial statements. Where services are provided to the charity as a
Page **9** of **12**
donation that would normally be purchased from our suppliers this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.
## **f) Taxation**
Irrecoverable VAT is not separately analysed and is charged to the statement of financial activities when the expenditure to which it relates is incurred and is allocated as part of the expenditure to which it relates.
Tax recovered from voluntary income received under gift aid is recognised when the related income is receivable and is allocated to the income category to which the income relates.
## **g) Tangible fixed assets and depreciation**
Tangible assets are stated at cost and depreciated over their useful economic lives at the following rates:
Fixture and fittings 5 years Equipment 5 years Computers 5 years
Where the recoverable amount of a tangible asset is found to be below its net book value, the asset is written down to its recoverable amount and the loss on impairment is charged to the relevant expenditure category of the statement of financial activities.
Where an asset is not primarily used to generate income, its impairment is assessed by reference to its service potential on its initial acquisition. The charity currently has no tangible fixed assets to which impairment provisions apply.
## **2. Voluntary income**
|Tithes
Love offering
**3. Other Income**
Restricted donations
**4. Ministry costs**
Honorarium
**5. Church governance**
Accountancy and independent examination fees|**2023**
**£**
30,938
3,603
**34,541**
**2023**
**£**
0
**0**
**2023**
**£**
6,550
**6,550**
**2023**
£
840
**840**|**2022**
**£**
26,170
1,662|
|---|---|---|
|||**27,832 **|
|||**2022**
£
4,500|
|||**4,500**|
|||**2022**
£
5,278|
|||**5,278**|
|||**2022**
£
840|
|||**840**|
Page **10** of **12**
## **6. Property Plant and Equipment**
|**Cost**
At 1 December 2022
Additions
Disposals
**At 30 November 2023**
**Depreciation**
At 1 December 2022
Charge during the period
Disposals
**At 30 November 2023**
**Net Book Value**
At 30 November 2022
**At 30 November 2023**
**7. Cash and cash equivalent**
Cash at bank and in hand|_5_
_5_
**Property**
**&**
**Equipment**
**Furniture**
**and**
**fixtures**
**£**
16,700
3,909|_5_
_5_
**Computers**
**Musical**
**Instruments**
**£**
**£**
1,475
19,113
2,399|**Total**
**£**
41,197
2,399|
|---|---|---|---|
||**16,700**
**3,909**|**1,475**
**21,512**|
**43,596**|
||5,660
782
3,340
782|
590
9,646
295
4,302|
16,678
8,719|
||**9,000**
**1,564**|
**885**
**13,948**|
**25,397**|
|||||
||11,040
3,127
**7,700**
**2,345**|
885
9,467
**590**
**7,564**|
24,519
**18,199**|
|||**2023**
**£**
8,056
**8,056**|**2022**
**£**
11,686|
||||**11,686**|
Restricted fund balance included in the cash at bank is £0 (2022- £276.20)
Page **11** of **12**
## **8. Trade and other creditors**
|**8. Trade and other creditors**|||
|---|---|---|
|Accountancy and independent examination fees|**2023**
**£**
840
**840**|**2022**
**£**
840|
|||**840**|
## **9. Capital commitments**
There was no capital commitment in 2023 ( _2022: Nil_ )
Page **12** of **12**