## **THE NEW RESTORED PENTECOSTAL CHURCH Reports and Financial Statements for the year ended 31ST MARCH 2023** ## **Legal and administrative information** ## **Status** Registered as Charitable Incorporated Organisation on 3rd March 2022. ## **Trustees and Management committee** Deacon William Brown -- Chair, appointed 15 August 2023 Deacon Francis Adutwum – Vice Chair, appointed 28 February 2022 Todorka Petrova – Secretary, appointed 28 February 2022 Olivia Joy Cave – Trustee, appointed 20 April 2022 Dr Charles Limula Junior – Trustee, appointed 28 February 2022 Dr Eltas Nyirenda-Dziwani - Trustee, appointed 28 February 2022 Sadly we said goodbye to Dr Eltas Nyirenda-Dziwani who returned to her home land at the end of 2022. Dr Eltas was the Treasurer of the Trustee Board and she will be greatly missed. **Registered charity number 1198121 Registered office** 6 Glaisdale Road, Fishponds, Bristol, BS16 2HZ **Charity Operations Address** The Old Library, Fishponds Road, Bristol, BS16 3UH **Registered email address** thenewrestoredpentecostalchurch@yahoo.com **Bankers** Barclays Bank PLC **Accountants** AL Accounting Solutions Chartered Certified Accountants 21A Brighton Road South Croydon, Surrey CR2 6EA 1 ## **THE NEW RESTORED PENTECOSTAL CHURCH Reports and Financial Statements for the year ended 31ST MARCH 2023** ## **Trustees report** The Trustees' present their report and financial statements for the above period. The purposes of the charity is as set out in its governing document: To spread the gospel of Jesus Christ which brings salvation to mankind through outreach work and helping those in need by donations and signposting them to relevant organisations. This year we carried out our first donation to help women and babies fleeing war in Ukraine. We donated baby food, milk, nappies, toiletries and sanitary items. As a Charity we will make every endeavour to reach out to help those who are in need in any way we can. In 2022 we also did street evangelism in Fishponds. We had printed flyers that we handed out to the public telling them about the church and what we do. This was a way to spread the gospel of Jesus Christ. During our evangelism we got to realise how much people need to hear the gospel of Jesus Christ. We conducted a church barbecue on Saturday, August 6, 2022. Attendees included church members as well as their community acquaintances who were also bringing their children. It was heartening to see young and old together, and the bouncy castle proved to be a big hit. The Church now marks this as an annual occasion. We got together in the park on multiple occasions over the August 2022 school break to play football with children from our church and the neighbourhood. The days were pleasant, and everyone had a good time. We are now in the process of assembling a squad and arranging for the team to be connected to other local sports organisations in Bristol. The problem is that our team needs a minibus to get about. We held our International Sunday in September 2022. This is an occasion to honour the various ethnic groups that make up our church and the neighbourhood. Participants dressed traditionally, and traditional cuisine was provided after the event while everyone interacted with neighbours and church members. After a successful inaugural international Sunday, we will add this annual event to the church schedule due to popular demand. During the Christmas season in December 2022, the church also aided local single mothers with children by providing food hampers and gas and electricity assistance. We plan to keep doing this every year, and we would especially like to thank our committed members who contribute when they can. As new families join the church, the New Restored Pentecostal Church continues to expand. One of the issues we are now dealing with is transportation. Two of our members are wheelchair users. Certain members depend on assistance with transportation to attend church and return home; if the person they depend on is unavailable on that specific day, they may miss certain events. Although the church typically pays for taxis, doing so has come at a significant financial cost. It would be highly beneficial to have a minibus to aid with this issue. I think the year has gone well overall, and we are grateful for that. 2 ## **THE NEW RESTORED PENTECOSTAL CHURCH Reports and Financial Statements for the year ended 31ST MARCH 2023 Trustees report contd…** ## **Responsibilities and basis of preparation of the report** The trustees of the charity are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the trustees ………………………………. **William Brown (Chair)** Date ………………………………. 3 ## **THE NEW RESTORED PENTECOSTAL CHURCH** ## **Reports and Financial Statements** **for the year ended 31ST MARCH 2023** ## **Independent Examiner's report to the Trustees** I report to the trustees on my examination of the accounts of the above charity for the above period. ## **Responsibilities and basis of report:** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 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 all 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: - 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. Alhassan Bangura FCCA AL Accounting Solutions Chartered Certified Accountants 21A Brighton Road South Croydon, Surrey CR2 6EA Date..................................................... 4 ## **THE NEW RESTORED PENTECOSTAL CHURCH** ## **Reports and Financial Statements** ## **Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31ST MARCH 2023** |Unrestricted
Funds
**Notes**
£
**Incoming Resources:**
Voluntary Donations
17,427
Total Incoming resources
17,427
**Resources Expended:**
Resources Expended
3
14,369
Total Resources Expended
14,369
Net Surplus / (Deficit) for the year
3,058
Opening Funds
3,293
Closing Funds
6,351
No restricted funds at the end of the year|**Total**
**Funds**
**2023**
**£**
**17,427**
**17,427**
**14,369**
**14,369**
**3,058**
**3,293**
**6,351**| |---|---| 5 ## **THE NEW RESTORED PENTECOSTAL CHURCH Reports and Financial Statements** ## **Balance Sheet as at 31ST MARCH 2023** |**Fixed assets**
Equipment and Furniture
**Current assets**
Cash at Bank and in Hand
Less: Current Liabilities
**Net Assets**
Restricted Funds
Unrestricted Funds
Signed on behalf of the trustees
……………………………….
**William Brown (Chair)**
REPRESENTED BY:|**Notes**
**£**
**£**
2
**1,820**
**4,951**
**(420)**
**4,531**
**6,351**
**6,351**
**6,351**
Date ……………………………….
**2023**|**Notes**
**£**
**£**
2
**1,820**
**4,951**
**(420)**
**4,531**
**6,351**
**6,351**
**6,351**
Date ……………………………….
**2023**| |---|---|---| |||**6,351**| |||**6,351**| |||**6,351**| |||……….| 6 ## **THE NEW RESTORED PENTECOSTAL CHURCH Reports and Financial Statements** ## **Notes forming part of the financial statements for the year ended 31ST MARCH 2023** ## **1. Accounting policies** a) The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. b) Voluntary income is received by the way of donations towards religious tithes and offerings. Donations received is included in full in the Statement of Financial Activities in the year in which they are received. c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. d) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows: - Equipment & Furniture 20% - Motor Vehicle 20% e) Unrestricted funds are donations and other incoming resources received for the objects of the charity without further specified purpose and are available as general funds. f) Restricted funds are to be used for specific purposes as laid down by the donor. |**2.**
**Tangible Fixed Assets**
Cost:
As at 1 April 2022
Addition
As at 31ST MARCH 2023
Depreciation:
As at 1 April 2022
Charge
As at 31ST MARCH 2023
Net Book Value:
**As at 31ST MARCH 2023**|Equipment
& Furniture
£
-
2,275
2,275
-
455
455
**1,820**|Total
£
-
2,275| |---|---|---| |||2,275| |||-
455| |||455| |||**1,820**| 7 ## **THE NEW RESTORED PENTECOSTAL CHURCH** ## **Reports and Financial Statements** ## **Notes forming part of the financial statements for the year ended 31ST MARCH 2023** |**3.**
**Total Resources Expended**
Events Cost, Outreach & Publicity
Rent & Rates
Printing Postage & Stationery
Multimedia Consumables
Subscription & Licences
Legal & Professional Fees
Accountancy Fees
Depreciation
Total|**2023**
**Total**
**£**
**3,576**
**6,525**
**1,957**
**642**
**70**
**724**
**420**
**455**| |---|---| ||**14,369**| 8 **Registered Charity No: 1198121** ## THE NEW RESTORED PENTECOSTAL CHURCH Reports and Financial Statements Year ended: 31ST MARCH 2023 AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon, Surrey CR2 6EA **0 Reports and Financial Statements** ## **THE NEW RESTORED PENTECOSTAL CHURCH** ## **Contents** |Page No|| |---|---| |1|Legal and administrative information| |2-3|Trustees report| |4|Independent examiners report| |5|Statement of Financial Activities| |6|Balance Sheet| |7-8|Notes forming part of the financial statements|