Trustees Annual Report Year Ending 31 Dec 2020 

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

274154 



## **Contents:** 


**----- Start of picture text -----**<br>
Page 3<br>Overview:<br>The Trustees’ Board Report<br>Our activities (Operations):  Page 5<br>•<br>Community Projects Report<br>**----- End of picture text -----**<br>


- Finance: 

- • Financial Review Page 6 

- • Independent Examiner’s Report 

- • Payments & Receipts Accounts (CC16a) 

2 




## **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: 

- **Prophetess Fadeke Omideyi (General Overseer & Chair of the Board)** 

- **Evangelist Jane Mahama** 

- **Pastor David Folorunso** 

- **Pastor Micheal Osundun** 

- **Ms Alice Edeki** 

- **Phyllis Dawn Smith** 

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: 

- Select suitable accounting policies and then apply them consistently, 

- Observe the methods and the principles of the charities SORP, 

- Make judgments and estimates that are reasonable and prudent’ 

- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and 

- Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

## **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** 

4 




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** 

5 




## **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** 

6 




## **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** 

7 



## **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_**|<br>**-**||**-**||**-**||**-**||**-**|



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



**B2 Other monetary assets** 

**B3 Investment assets** 

## **Details** 

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



Date of Signature Print Name approval **David Folorunso 07.10.2021** 

11