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2020-12-31-accounts

Trustees Annual Report Year Ending 31 Dec 2020

Charity Registered Address: 217 – 223, Kingsland Road, London, E2 8AN Charity Registration Number:

274154

Contents:

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Page 3
Overview:
The Trustees’ Board Report
Our activities (Operations): Page 5
•
Community Projects Report
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Trustees Annual Report (TAR) and Unaudited Accounts

For the Year Ended 31 December 2020 CHRIST APOSTOLIC CHURCH (Bethel) UK

The Trustees present their report for the year ended 31 December 2020

Charity Registration No. 274154

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deeds, Charities Act 1993 and the Statement of Recommended Practice, “Accounting and Reporting by Charities” issued in March 2005.

Structure, governance and management

The charity was set up by a charitable trust deed dated 13 July 1977. The Trustees who served during this year (2020) were:

Trustees are familiar with the workings of the church having been drawn from long standing Church members that have the skill set to offer an empathy with the charity’s core values. New trustees are invited and encouraged to attend training courses by the Chair and also to read guidelines and publications issued by the charity Commission eg “the Essential Trustee” , copies of which are given to the new trustees

Related Party Relationships

Transactions with related parties are disclosed in the notes to the accounts.

Risk Management

The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.

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Objectives and activities

The object of the charity is the advancement of the Christian religion in accordance with the tenets and practice of the Christ Apostolic Church (Bethel) UK. Various policies were adopted during the year in furtherance of this object.

Statement of Trustees Responsibilities

The Trustees are responsible for preparing the Trustees report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to England and Wales requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these accounts the Trustees are required to:

Summation

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 1993, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Kunle Aderugbo

Church Secretary For and on Behalf of the Board of Trustees 01 October 2021

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Last year (2020) was an extremely tough year for all our users due to the COVID – 19 pandemic and the resulting lockdowns having a real impact and effect their lives and livelihoods. We were able to secure some grant funding and we used these to further enhance and continue our current projects in order to continue support our local community.

Project name: Breakfast and Befriending Club

We have strived to maintain to continue to provide hot food for members of the community, however, due to restrictions and efforts to limit and reduce the infections, the food has had to be packaged in take away containers

Over the past 8 years that they have been feeding the community, they have supplied and provided over 14,000 hot meals to people in the local community and that number is rising

Project Name: “Harvesters”- Bags of Hope project is funded by

The “Bags of Hope” project is linked in with the Harvesters Kitchen & Food Bank project which is still going on strong.

During the pandemic and resulting lockdown period, the Harvester’s Kitchen has responded swiftly by reshaping the nature of its operational delivery within the community to now providing “Bags of Hope” to those mostly affected by the lockdown.

The Bags of Hope includes essential food items and relief materials. From the beginning of April 2020 to end of December 2020, the food bank has distributed over 5,000 Bags of Hope in the given 9-month period. This equates to an average of 130 bags a week and this number is constantly rising.

The distribution of the bags of hope have been extremely popular and towards the end of October . 2020 the bags of hope distribution has increased to an average of 150 bags per week

Daily Lunch Sandwiches - This is delivered by Harvesters Kitchen on a daily basis at lunchtime 4 times a week. The sandwiches are supplied fresh daily by Pret a Manger. These sandwiches have proven quite useful and fulfill a daily need for the locality including NHS frontline key workers during this period.

Some of the organisations who currently fund, donate and support our works include:

Kunle Aderugbo

Head of Community Projects (Operations) 01 October 2020

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Christ Apostolic Church (Bethel) UK To the Trustees of Christ Apostolic Church (Bethel) UK

Financial Review

It has been a really challenging year for the charity with income from our members been squeezed due to the pandemic, but we have been able to keep hold of our spending.

The total incoming resources for the year amounted to £169,687K and the total resources expended amounted to £134,014K leaving a net surplus for the year of +£35,673K

The balance of funds as at 31 December 2020 was +£160,039K

It is the policy of the Charity that unrestricted funds which have not been designated for specific use should be maintained at a level equivalent to between three and six month’s worth of expenditure.

The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities whilst consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

David Folorunso

Head of Finance 07 October 2020

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Christ Apostolic Church (Bethel) UK To the Trustees of Christ Apostolic Church (Bethel) UK

I report on the accounts of the charity for the year ended 31 December 2020, which are set out in the attachment.

Respective responsibilities of the 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 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is what is needed.

Basis of Independent Examiner's Report

My 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 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 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 my examination, no matter has come to my attention:

(a) which gives me reasonable cause to believe that in any material respect the requirements:

(i) to keep accounting records in accordance with section 41 of the 1993 Act; and

(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or

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

Deborah Anfo-Whyte

Independent Examiner (Bsc Finance & Accounting)

46 Mayfield Close, Forest Road, London, E8 3DB

27 September 2020

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Christ Apostolic Church (Bethel) UK

274154

Recei ts and Pa ments Accounts p y

01/01/2020 For the period from

31/12/2020

To

CC16a

Section A Receipts and payments

Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £

A1 Receipts

A1 Receipts
Charitable Receipts 160,039 9,648 - 169,687 156,531
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for AR) 160,039 9,648 - 169,687 156,531

A2 Asset and investment sales, (see table).

- - - -
- - - - -
Sub total
-		 - - - -

Total receipts 160,039 9,648 -

169,687 156,531

A3 Payments

A3 Payments
Charitable Payments 134,014 - - 134,014 116,030.00
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 134,014 - - 134,014 116,030
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total
- - - - -
Total payments 134,014 - - 134,014 116,030
Net of receipts/(payments) 26,025 9,648 - 35,673 40,501
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 26,025 9,648 - 35,673 40,501

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Section B Statement of assets and liabilities at the end of the period

Unrestricted Restricted Endowment
funds funds funds
to nearest £ to nearest £ to nearest £
63,877.99 47,411
- - -
- - -
63,878 47,411 -

Categories Details B1 Cash funds Bank Balance

Total cash funds

of the period
Unrestricted
funds
to nearest £
63,877.99
-
-
63,878		 Restricted
funds

to nearest £
47,411
-
-
47,411		 Endowment
funds
to nearest £
63,877.99 47,411
- - -
- - -
63,878 47,411 -
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
to nearest £
-
-
-
-
-
-		 Restricted
funds
to nearest £
-
-
-
-
-
-
Endowment
funds
to nearest £
- - -
- - -
- - -
- - -
- - -
- - -

B2 Other monetary assets

B3 Investment assets

Details

Fund to which
asset belongs		 Cost (optional)
-
-
-
-		 Current value
(optional)
- -
- -
- -
- -

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-

B4 Assets retained for the charity’s own use

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details
Equipments
Furtniture and Fittings
Mini Bus
Details		 Fund to which
asset belongs
Fund to which
liability relates		 Cost (optional)
-
-
-
-
-
-
-
-
-
Amount due
(optional)
-
-
-
-
-		 Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
-
-
-
-
-

Date of Signature Print Name approval David Folorunso 07.10.2021

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