OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-07-31-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

TAR

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

TAR

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

TAR

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

TAR

4

Section E Financial review

Brief statement of the charity’s policy on reserves

The income of the charity is over £40,000 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

TAR

5

Signedon behalf of the charity’s trustees Signature(s) R Moore Full name(s) Rubell Moore Position (eg Secretary, Chair, Trustee etc) 15 July 2024

March 2012

TAR

6

THE INTERNATIONAL FELLOWSHIP FOR CHRIST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2023

CHARITY NUMBER: 272823

THE INTERNATIONAL FELLOWSHIP FOR CHRIST

LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31ST JULY 2023

ADDRESS FOR CORRESPONDENCE

IFC 213A RAILTON ROAD LONDON SE24 OLX

REGISTERED CHARITY NUMBER

272823

GOVERNING DOCUMENT

CONSTITUTION ADOPTED 14TH MAY 1978

TRUSTEES

Rev Trevor Baxter Norma Gray Rubell Moore Rudall Moore

PRINCIPAL BANKERS

BARCLAYS BANK UK PLC I CHURCHILL PLACE LONDON E14 5HP

INDEPENDENT EXAMINER

FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM SURREY CR4 3FH

THE INTERNATIONAL FELLOWSHIP FOR CHRIST 213A RAILTON ROAD

1

LONDON SE24 OLX

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

THE INTERNATIONAL FELLOWSHIP FOR CHRIST

TRUSTEES' REPORT YEAR ENDED 31[st] JULY 2023.

2

The trustees are pleased to present their report for the year ended 31 July 2023 for the charity, The International Fellowship for Christ with charity number 272823.

The Trustees of the charity are:

Rev Trevor Baxter Norma Gray Rubell Moore Rudall Moore

The principal address of the charity is: 213A Railton Road London SE24 OLX

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO-Foundation constitution that was converted on 1st 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.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are as follows:

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.

ACHIEVMENTS AND PERFORMANCE

3

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.

FINANCIAL REVIEW

The income of the charity is above £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 emergency expenditures that may arise from time to time. The charity will seek to build up and maintain this level throughout the year.

RISK MANAGEMENT

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

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:

  1. Select suitable accounting policies and apply them consistently.

  2. Make judgements and estimates that are reasonable and prudent.

  3. 3.State whether the applicable accounting standards have been followed

  4. Prepare financial statements on an ongoing basis.

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 a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 15[th] July 2024 and signed on their behalf by:

Independent Examiner's Report To the Trustees

4

THE INTERNATIONAL FELLOWSHIP FOR CHRIST

I report on the accounts of the church for the year ended 31st July 2023 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 20|| Act), does not apply. It is my responsibility to:

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept b) the church 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit Opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

Joseph M. Nelson (FCCA) Signed: J Nelson & Co

Chartered Certified Accountants & Registered Auditors 14 Claypole Road London E15 2RJ

THE INTERNATIONAL FELLOWSHIP FOR CHRIST

5

Statement of Financial Activities for the year ended 31[st] July 2023

Unrestricted Unrestricted Total Funds
Funds 2023
2022
Incoming Resources from Note £ £
generated funds
Donations and Legacies 2 45,101 45,101
38,823
Investment income 3 0 0 0
45,101 45,101 38,823
Other Income
Total Incoming 45,101 45,101 38,823
Resources
Resources Expanded
Charitable activities in furtherance of objectives
Charitable Activities 5 88,327 88,237 33,866
Other 4 1,040 1,040 780
Total Resources
Expended 89.277 89,277 34,645
Net movement in funds (44,176) (44,176) 4,178
Reconciliation of Funds
Total Funds brought forward 775,954 775,954
771,776
Total Funds carried forward 731,778 731,778 775,954

The above funds are all classed as to purpose

All movements of funds and all recognised gains and losses are included above.

The notes on the accounts form part of these accounts.

THE INTERNATIONAL FELLOWSHIP FOR CHRIST Balance Sheet as at 31st July 2023

6

Note
2023 2022
Fixed Assets £ £
Tangible fixed assets
5
657,678
658,648
657,678 658,648
Current Assets
Cash at bank and

in hand
Debtors & prepayments

50,828
24,000
118,033
0

74,828 118,033
Creditors: amounts falling due within one year
Creditors & accruals
8728
728
Net Current Assets
74,100
117,306
Net Assets
731,778
775,954
Unrestricted Funds
General Fund
731,778
775,954
TOTAL FUNDS
731,778
775,954

For the year ended 31[st] July 2023 THE INTERNATIONAL FELLOWSHIP - FOR CHRIST accounts shown above represent a true and fair view of the financial position of the charity

Approved by board of directors on 15[th] July 2023

And signed on their behalf by TRUSTEE

THE INTERNATIONAL FELLOWSHIP FOR CHRIST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2023

7

1) Accounting Policies

1.1 Basis of Accounting

These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts 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 (FRS102) issued on 16 July 2014

1.2 Going Concern: The accounts are prepared on a going concern basis.

1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted.

1.4 No changes to the accounting estimates have occurred in the reporting period.

1.5 No material prior year error have been identified in the reporting period.

Recognition of Income

These are included in the Statement of Financial Activities (SOFA) when:

Grants and Donations

Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)

Tax reclaim on donations and gifts.

Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

EXPENDITURE AND LIABILITIES

Liability Recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Grants and Support Costs

Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

THE INTERNATIONAL FELLOWSHIP FOR CHRIST

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2023

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

8

ASSETS

Tangible Fixed Assels for use by the charity They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.

THE INTERNATIONAL FELLOWSHIP FOR CHRIST Notes to the accounts for year ended 31[st] July 2023

2 Voluntary

Unrestricted Total funds Total funds Funds 2023 2022

9

Church collections
£
£
£
Donations
45,101
45,101 38,823
Total
45,101
45,101 38,823
3 Investment income
Unrestricted
Total funds
Funds £
2023/£
2022/£
Bank Interest
0
0
0
4 Other
Amount 2023/£
2022/£
Charitable donations
1,040
780
0
0
1,040
780
5 FIXED ASSETS
Land and Plant and Furniture &
CostBuildings Equipment FittingsTotal
01/08/2022 670,133 850 6,514 677,497
Additions 0 0 0
31/07/2023 670,133 850 6,514 677,497
Depreciation
01/08/2022 15,364 306 3,179 18,849
charge for year 0 136 834 970
31/07/2023 15,364 442 4,013 19,819
NBV
31/07/2023 654,769 408 2,501 657,678
01/08/2022 654,769 544 3,335 658,648
£
£
45,101
45,101
45,101
45,101
£
38,823
38,823

THE INTERNATIONAL FELLOWSHIP FOR CHRIST Notes to the accounts for year ended 31[st] July 2023

6 Cost of Activities in furtherance of Charity’s Objectives

2023/£ 2022/£
Establishment costs 0 0

10

Accountancy fees 1,082 650
Communications and IT 1,267 781
Depreciation and Impairment 970 970
Legal fees 55,229 0
Gifts and Donations 8,410 3,340
Professional fees 0
0
Light and Heat 12,294 12,011
Books and Stationery 303 68
Subscriptions 0 0
Repairs 6,477 12,362
Church Supplies 0 2,661
Insurance 1,837 1,650
Rates 213 152
Total 88,082 34,645

8 The operational work of the charity was undertaken by volunteers during the financial year.

9 Creditors: amounts falling due within one year.

£
£
2023
2022
Creditors 728 728
Total 728 728

11

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees

Charity Name THE INTERNATIONAL FELLOWSHIP FOR CHRIST

On accounts for the year 31 JULY 2023 Charity no 272823 ended (if any) Set out on pages 1 - 11 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 July 2022 .

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 [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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.

Signed: jmnelson Date: 01 July 2024 Name: JOSEPH M. NELSON Relevant professional ACCA qualification(s) or body (if any):

1

Oct 2018

IER

Address: 14 CLAYPOLE ROAD STRATFORD, LONDON E15 2RJ

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

Oct 2018

IER