2023-05-30-accounts - Charis Family International Church

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Trustees’ Annual Report for the period

From 1[st] June 2022 Period start date To Period end date 31[st] May 2023

Charity name: CHARIS FAMILY INTERNATIONAL CHURCH

Charity registration number: 1196412

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance the Christian religion within Northumberland at large and in other such parts of the United Kingdom or the world as charity trustees may from time to time deem fit, for the benefit of the public through the holding of prayer meetings, religious education, seminars and conferences, pastoral care and/or distributing literature on Christianity to enlighten others about the Christian religion. This also includes supporting members and people with charitable donations, as and when needed, organising special programmes to encourage integration, and people’s wellbeing.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Transportation to meetings for some members and volunteers, special barbecue programme for community integration, Christmas party for the homeless, Easter and Christmas gifts for the public and members, rents for hall usage and for programmes and activities
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Trustees have had regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment

including program related investment
Contribution made by volunteers	Para 1.38	Yes, contributions are made by members/volunteers in form of contributions by members at every meeting
Other		None

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	We have been able to reach out to over 500 people through our twice weekly meeting with offering spiritual support and pastoral care. We had people supported with shopping and our weekly meetings help members and people to start going out again and also integrating with other people in the community.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	Prayer meetings were held, Christian teachings and discussions were done at every meeting, which are quite informative and also encourage others to join in the meetings.
Performance of fundraising activities against objectives set	Para 1.41	None.
Investment performance against objectives	Para 1.41	None

Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	We are financially okay, as reported in the account.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22
Amount of reserves held	Para 1.22
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Through members voluntary generous giving in meetings on Sundays.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Through Nomination and vote by the members

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	CHARIS FAMILY INTERNATIONAL CHURCH
Other name the charity uses	N/A
Registered charity number	1196412
Charity’s principal address	307 HAWTHORN ROAD ASHINGTON NE63 0QS

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (ifany)
MR AYODEJI AKINSOLA	CHAIRMAN	MEMBERS
DR OLAMIDE AGBOOLA		MEMBERS
MRS OLUWATOMI AGBOOLA		MEMBERS
MISS TOLUWANIMI JAIYEBO		MEMBERS
MS ELIZABETH OLIVER		MEMBERS

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets N/A held in this capacity

Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) AKINSOLA Full name(s) MR AYODEJI AKINSOLA

Position (eg Secretary, CHAIRMAN Chair, etc)

Date

13/08/2024

Registered number CE028204

Charis Family International Church Charitable Incorporated Organisation

Report and Accounts

31 May 2023

Charis Family International Church Charitable Incorporated Organisation Report and accounts Contents

	Page
Company information	1
Directors' report	2
Accountants' report	3
Profit and loss account	4
Balance sheet	5
Notes to the accounts	6

Charis Family International Church Charitable Incorporated Organisation Company Information

Directors

Ayodeji Akinsola Toluwanimi Jaiyebo Dr Olamide Agboola Elizabeth Oliver Oluwatomi Agboola

Accountants

EDWARD CONSULTING LIMITED Fifth Floor Room 12, City Gate House 246-250 Romford Road London E7 9HZ

Registered office

Buffalo Community Centre Blyth NE24 1LL

Registered number CE028204

Page 1

Charis Family International Church Charitable Incorporated Organisation Registered number: CE028204 Directors' Report

The directors present their report and accounts for the year ended 31 May 2023.

Principal activities

The company's principal activity during the year continued to be the advancement of the christian religion and providing various support to the community.

Directors

The following persons served as directors during the year:

Ayodeji Akinsola Toluwanimi Jaiyebo Dr Olamide Agboola Elizabeth Oliver Oluwatomi Agboola

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 1 August 2024 and signed on its behalf.

Ayodeji Akinsola Director

Page 2

Charis Family International Church Charitable Incorporated Organisation Accountants' Report

Accountants' report to the directors of Charis Family International Church Charitable Incorporated Organisation

You consider that the company is exempt from an audit for the year ended 31 May 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

EDWARD CONSULTING LIMITED Chartered Management Accountants

Fifth Floor Room 12, City Gate House 246-250 Romford Road London E7 9HZ

1 August 2024

Page 3

Charis Family International Church Charitable Incorporated Organisation Profit and Loss Account for the year ended 31 May 2023

Turnover Cost of sales Gross profit Administrative expenses Operating (loss)/profit (Loss)/profit before taxation Tax on (loss)/profit (Loss)/profit for the financial year	2023 2022 £ £ 13,892 18,804 (6,965) (8,509) 6,927 10,295 (7,190) (6,712) (263) 3,583 (263) 3,583 - - (263) 3,583

Page 4

Charis Family International Church Charitable Incorporated Organisation Registered number: CE028204 Balance Sheet as at 31 May 2023

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 Net assets Capital and reserves Profit and loss account Shareholders' funds	2023 2022 £ £ 467 622 3,252 3,421 (400) (460) 2,852 2,961 3,319 3,583 3,319 3,583 3,319 3,583

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

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

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.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Ayodeji Akinsola Director Approved by the board on 1 August 2024

Page 5

Charis Family International Church Charitable Incorporated Organisation Notes to the Accounts for the year ended 31 May 2023

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings	over 50 years
Leasehold land and buildings	over the lease term
Plant and machinery	over 5 years
Fixtures, fittings, tools and equipment	over 5 years

2 Employees Average number of persons employed by the company 3 Tangible fixed assets Cost At 1 June 2022 At 31 May 2023 Depreciation At 1 June 2022 Charge for the year At 31 May 2023	2023 Number 0	2022 Number 0
		Plant and machinery etc £ 777
		777
		155 155
		310

Page 6 - 7

Charis Family International Church Charitable Incorporated Organisation Notes to the Accounts for the year ended 31 May 2023

Net book value At 31 May 2023 At 31 May 2022 4 Creditors: amounts falling due within one year 2023 £ Trade creditors 400	467
	622
	2022 £ 460

5 Other information

Charis Family International Church Charitable Incorporated Organisation is a private company limited by shares and incorporated in England. Its registered office is: Buffalo Community Centre Blyth NE24 1LL

Page 6 - 7

Charis Family International Church Charitable Incorporated Organisation Detailed profit and loss account for the year ended 31 May 2023

This schedule does not form part of the statutory accounts

Sales Sales Cost of sales Food and homeless feeding Refreshments Administrative expenses Employee costs: Welfare Travel and subsistence Premises costs: Rent General administrative expenses: Telephone and internet Subscriptions Depreciation Honorarium Sundry expenses Legal and professional costs: Accountancy fees Advertising and PR	2023 2022 £ £ 13,892 18,804 3,200 5,750 3,765 2,759 6,965 8,509 1,549 - 2,690 3,800 4,239 3,800 1,204 1,160 1,204 1,160 187 201 - 136 155 155 - 650 - 210 342 1,352 400 400 1,005 - 1,405 400 7,190 6,712