SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)
(CHARITY NUMBER 270261)
REPORT AND ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2021
BAILEY PHILLIPS Chartered Accountants Hatton House Church Lane Cheshunt Hertfordshire EN8 0DW
SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)
INDEX TO THE REPORT AND ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2021
| Page | 1 | Report of the trustees | ||
|---|---|---|---|---|
| 2 | Independent examiner's report | |||
| 3 | - | 4 | Receipts and payments account | |
| 5 | Statement of assets and liabilities | |||
| 6 | Notes to the accounts |
SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2021
REFERENCE AND ADMINISTRATION
The Shiloh Pentecostal Church (Dalston Branch) is registered with the Charity Commissioners (number 270261) and constituted by a Deed of Trust dated 22 July 1968. The principal place of business is Shiloh Pentecostal Church, Ashwin Street, Dalston, London E8 3DL.
The society is administered by charity trustees comprising:
Chairman - Mr Augustus Woodley Treasurer - Mr Alva Semper Other members - Mr David Farrell and Mrs Judy Greenanway
STRUCTURE, GOVERNANCE AND MANAGEMENT
The society is constituted and governed by a Deed of Trust dated 22 July 1968 and trustees are appointed or reappointed annually at the Annual General Meeting.
OBJECTIVES AND ACTIVITIES
The objectives of the Shiloh Pentecostal Church, Dalston, are the furtherance of the gospel of Jesus Christ and to provide a place of worship and spiritual guidance to the community.
ACHIEVEMENTS AND PERFORMANCE
Shiloh Pentecostal Church (Dalston Branch) continues to be a place of worship in the community under the leadership of a Pastor and Assistant Pastor.
The church supports a number of overseas churches in India, Indonesia and Uganda through its missionary grant fund. Grants are made on a regular basis to overseas missionary outreach work. Support is given to a number of overseas orphanages in India, Indonesia and Uganda. This year grants of £6,225 (2020: £4,833) were awarded.
FINANCIAL REVIEW
The society only has unrestricted funds and there is no particular policy on reserves. The reserves are used towards the maintenance of the properties (vicarage and church buildings) and to provide sufficient funds to cover Pastors' salaries and administrative costs for twenty-four months. The principal funding sources are church offerings and rent received.
The trustees declare that they have approved the trustees' report above.
Signed on behalf of the society's trustees:
A Semper ......................... Treasurer Date: 18 October 2021
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SHILOH
PENTECOSTAL CHURCH (DALSTON BRANCH)
We report on the accounts of the Trust for the year ended 5 April 2021 which are set out on pages 3 to 6.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is our responsibility to:
-
examine the accounts under section 145 of the Charities Act;
-
follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
-
state whether particular matters have come to our attention.
Basis of independent examiner's report
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with our examination, no matter has come to our attention:
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(1) which gives us reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Bailey Phillips Chartered Accountants Hatton House Church Lane Cheshunt Hertfordshire EN8 0DW
Date: 18 October 2021
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SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2021
| UNRESTRICTED FUNDS RECEIPTS Church offerings Missionary collections Tax rebates on gift aid income Bank interest received Rent received Total receipts for the year PAYMENTS Administration Salaries Lighting and heating Telephone Water rates Church insurance Accountancy fees Repairs and maintenance of church Printing, postage, stationery and supplies Copier rental charges Pension fund contributions Sundry expenses Bank charges Activities Costs of rented property Coach hire |
2021 £ 76,568 365 3,579 40 19,200 99,752 18,195 5,013 565 476 2,913 1,900 3,224 0 885 4,000 230 200 37,601 666 0 666 |
2020 £ 58,725 940 4,939 156 19,600 |
|---|---|---|
| 84,360 | ||
| 20,309 6,330 695 145 2,809 1,900 13,719 379 1,317 4,000 220 102 |
||
| 51,925 | ||
| 622 2,000 |
||
| 2,622 |
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SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2021
| UNRESTRICTED FUNDS PAYMENTS (continued) Donations and loans Tithes to Shiloh of Great Britain Missionary grants Payments for fixed assets Equipment Total payments for the year NET RECEIPTS (PAYMENTS) FOR THE YEAR CASH FUNDS AT 6 APRIL 2020 CASH FUNDS AT 5 APRIL 2021 |
2021 £ 5,638 6,225 11,863 564 50,694 49,058 127,833 176,891 |
2020 £ 6,599 4,833 |
|---|---|---|
| 11,432 | ||
| 0 | ||
| 65,979 | ||
| 18,381 109,452 |
||
| 127,833 |
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SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 5 APRIL 2021
| 2021 £ FIXED ASSETS Freehold church - Ashwin Street, London E8 3DL at trustees' valuation 143,000 Freehold vicarage - 39 Walford Road, London N16 8EF at trustees' valuation 80,000 Furniture, fixtures, fittings and musical instruments at cost 34,992 Church lift at cost 63,528 321,520 CURRENT ASSETS Sundry debtors 20,138 Cash at bank 176,891 197,029 CURRENT LIABILITIES Creditors falling due within one year -3,771 TOTAL NET ASSETS 514,778 |
2020 £ 143,000 80,000 34,428 63,528 |
|---|---|
| 320,956 | |
| 12,296 127,833 |
|
| 140,129 | |
| -4,630 | |
| 456,455 |
These accounts were approved by the Management Committee on 18 October 2021 and signed on its behalf by:
A Woodley A Semper ........................... ........................... Chairman Treasurer
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SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2021
Basis of preparation of accounts
These accounts have been prepared on the receipts and payments basis.
Fixed assets
The freehold church at Ashwin Street, London E8 3DL has an insured value of £2,577,009. The freehold vicarage at 39 Walford Road, London N16 8EF has an insured value of £364,197.
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