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2022-07-31-accounts

T

Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report Trustees' Annual Report for theperiod for theperiod for theperiod
From Period start date To Period end date
01 08 2021 31 07 2022

Section A Reference and administration details

Charity name THE INTERNATIONAL FELLOWSHIP FOR CHRIST

Other names charity is known by

Registered charity number (if any) 272823

Charity's principal address 213A RAILTON ROAD LONDON Postcode SE24 0LX

Names of the charity trustees who manage the charity

1
2
3
4
5
6
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Rev Trevor Baxter
Norma Gray
Rubell Moore

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Type of adviser Name Address

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

Section B Structure,governance and management

March 2012

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1

Description of the charity’s trusts

TRUST DEED

Type of governing document (eg. trust deed, constitution) TRUST How the charity is constituted (eg.trust, association,company) APPOINTED BY CHURCH MEMBERS Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant,about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

March 2012

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2

The Charity Governing document is a CIO-Foundation constitution that was converted on 5[th] March 2019. The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities, and monitor the financial position.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

You may choose to include further statements, where relevant,about:

March 2012

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3

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The Organisation continues to hold successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. Due to the pandemic the organisation hosted all its programs and events online via Zoom.

March 2012

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Section E Financial review

Brief statement of the charity’s policy on reserves

The income of the charity is £35,000 and was from donations received from members. The church managed its expenses well. The church is an ongoing concern. This year they had a reasonable surplus at the end of the financial year.

RESERVE POLICY

It is the policy of the charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergencies that may arise from time to time. The charity seeks to build up and maintain this level throughout the year.

RISK MANGEMENT

The charity have assessed all major risks to which it is exposed to, in particular those related to operations and finances, and are satisfied that, systems are in place to mitigate exposure to major risks.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Section F Other optional information

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011. They also have the responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Section G Declaration

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

March 2012

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Signedon behalf of the charity’s trustees Signature(s) R Moore Full name(s) Rubell Moore Position (eg Secretary, Chair, Trustee etc) 22 April 2024

March 2012

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THE INTERNATIONAL FELLOWSHIP FOR CHRIST

Draft Accounts

31 July 2022

THE INTERNATIONAL FELLOWSHIP FOR CHRIST

Approval statement

I approve the accounts which comprise of the Profit and Loss Account, the Balance Sheet and the related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing J NELSON & CO with all information and explanations necessary for their compilation.

Rev Trevor Baxter

15 August 2023

1

THE INTERNATIONAL FELLOWSHIP FOR CHRIST Profit and Loss Account for the year ended 31 July 2022

Donations and Legacies
Expenses
Rent, rates, power and insurance costs
Repairs and renewals of property and equipment
Telephone, fax, stationery and other office costs
Accountancy, legal and other professional fees
Depreciation and loss/(profit) on sale
Other business expenses
Profit
2022
2021
£
£
38,823
36,342
152
94
12,362
2,355
20,511
14,510
650
10,116
970
1,212
-
170
34,645
28,457
4,178
7,885

2

THE INTERNATIONAL FELLOWSHIP FOR CHRIST Balance Sheet as at 31 July 2022

Notes
Fixed assets
Equipment, machinery and motor vehicles
3
Current assets
Bank/building society balances
Current liabilities
Other liabilities and accruals
Net current assets
Net assets
Capital account
Balance at start of period
Net profit
118,033 2022
2021
£
£
658,648
659,618
112,996
838
117,306
112,158
775,954
771,776
771,776
763,891
4,178
7,885
775,954
771,776
727

3

THE INTERNATIONAL FELLOWSHIP FOR CHRIST Notes to the Accounts for the year ended 31 July 2022

1 Accounting basis

The accounts have been compiled on a basis that enables profits to be calculated in accordance with UK Generally Accepted Accounting Practice and that provides sufficient and relevant information to enable the completion of a tax return.

2 Profit and loss account analysis

Sales
Sales
Rent, rates, power and insurance costs
Rates
Repairs and renewals of property and equipment
Repairs and maintenance
Telephone, fax, stationery and other office costs
Telephone and internet
Stationery and printing
Safety and Security
Light and Heat
Gifts
Communications and IT
Church Supplies
Charitable Donations
Other insurance costs
Accountancy, legal and other professional fees
Accountants fees
Other legal and professional
Depreciation and loss/(profit) on sale
Depreciation
Other business expenses
Subscriptions
2022
2021
£
£
38,823
36,342
152
94
12,362
2,355
875
-
68
170
1,786
-
12,011
8,384
2,560
2,460
781
614
-
617
780
840
1,650
1,425
20,511
14,510
650
612
-
9,504
650
10,116
970
1,212
-
170

4

THE INTERNATIONAL FELLOWSHIP FOR CHRIST Notes to the Accounts

for the year ended 31 July 2022

3 Plant, machinery and motor vehicles

Cost
At 1 August 2021
At 31 July 2022
Depreciation
At 1 August 2021
Charge for the year
At 31 July 2022
Net book value
At 31 July 2022
At 31 July 2021
Plant and
machinery
£
850
850
170
136
306
544
680
Motor
vehicles
£
670,133
670,133
15,364
-
15,364
654,769
654,769
Spare
Total
£
£
6,514
677,497
6,514
677,497
2,345
17,879
834
970
3,179
18,849
3,335
658,648
4,169
659,618

5

Legal & Administrative Details 1
Index 2
Trustee's Report 3−4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes on the financial Statements 8−11

Unrestricted Unrestricted Total Funds
Funds 2022 2021
Incoming Resources from Note £
generated funds
Donations and Legacies 2 38,823 38,823 36,342
Investment income 3 0 0 0
38,823 38,823 36,342
Other Income
Total Incoming 38,823 38,823 36,342
Resources
Resources Expanded
**Charitable activities in furtherance ** of objectives
Charitable Activities 5 33,866 33,866 27,617
Other 4 780 780 870
Total Resources
Expended 34,646 34,646 28,487
Net movement in funds 4,177 4,177 7,885
Reconciliation of Funds
Total Funds brought forward 771,776 771,776 763,891
Total Funds carried forward 775,954 775,954 771,776

Note 2022 2021
Fixed Assets
Tangible fixed assets 5 658649 659618
658649 659618
Current Assets
Cash at bank and 118033 112966
in hand
Debtors & prepayments 0 0
118033 112966
**Creditors: amounts falling due ** within one year
Creditors & accruals 8 728
Net Current Assets 117305
Net Assets 775954
Unrestricted Funds
General Fund 775954
TOTAL FUNDS 775954

2 Voluntary
Unrestricted Total funds Total funds
Funds 2022 2021
Church collections £
Donations 38823 38823 36342
Total 38823 38823 36342

**3 Investment ** income
Unrestricted Total funds
Funds £ 2022/£ 2021/£
Bank Interest 0 0 0
4 Other Amount 2022/£ 2021/£
Charitable donations 780 870
0 0
780 870
5 FIXED ASSETS
Land and Plant and Furniture &
Cost Buildings Equipment Fittings
Total
01/08/2021 670133 850 6514 677,497
Additions 0 0 0
31/07/2022 670133 850 6514 677,497
Depreciation
01/08/2021 15364 170 2345 17,897
charge for year 0 136 834 970
31/07/2022 15364 306 3179 18,849
NBV
31/07/2022 654769 544 3335 658,648
01/08/2021 654769 680 4169 659,618

2022/£ 2021/£
Establishment costs 0 0
Accountancy fees 650 612
Communications and IT 781 614
Depreciation and Impairment 970 1212
Legal fees 0 9000
Gifts and Donations 3340 2460
Professional fees 0 504
Light and Heat 12011 8384
Books and Stationery 68 170
Subscriptions 0 170
Repairs 12362 2355
Church Supplies 2661 617
Insurance 1650 1425
Rates 152 94
Total 34645 27617

2022 2021
Creditors 728 960
Total 728 960