Registered Charity Number 276412 Eternal Sacred Order of Cherubim & Seraphim Church (Mount Zio REPORT AND FINANCIAL REPORT STATEMENTS AS AT 31 MARCH 2 Eternal Sacred Order C&S The Council of Management presents its report and financial statements for ended 31 March 2022 Activities and Review Eternal Sacred Order of Cherubim and Seraphim church is a registered charit principal aim is to promote and advance Christian Fellowship. Provision of Christian literature in relation to the Holy Bible, support families offer holiday and recreation for children and families of all races and sexes. Council of Management Responsibilities The Council of management is to prepare financial statements for each finan which give true and fair view of the Association and of the surplus or deficit f In preparing those financial statements, the council of management is to: *select suitable accounting policies and apply them consistently *make judgement and estimate that are reasonable and prudent *prepare the financial statements on the going concern basis. The Council of management is responsible for keeping proper records which reasonable accuracy at any time the financial position of the Association. It i responsible for the safe guarding the assets of the Association and hence for reasonable steps for the prevention and deetention of fraud and other irregu Members of the Council are as follows: The Spiritual Mother Janet Awojobi Lady Chairperso Sister F Awojobi Secretary Sister B Awojobi Treasurer Sister Beatrice Adebisi Member The Council of Management have no beneficial interest in the order and are Approved by the Council of Management on _____________________________________________ Eternal Sacred Order C&S ## REPORT OF THE INDEPENDENT EXTERNAL EXAMINER The Trustees are responsible for the keeping and the maintenance of the acc I have prepared the accounts under the historical convention and the accoun I will report if there is any inconsistency in the accounts prepared by the Trus with relevant requirements undrer the Statements of Recommended Practice I will also report if proper accounts has not been kept, if I have not received explanations for the prepation of the accounts or if the transactions with the is not disclosed. I have prepared the attached accounts from the books of financial activities to me and certify them to be in accordance therewith. This report is made to solely to the members, as a body, in accordance with Companies act 2006. The accounts have been prepared so that it might stat matters required and for no other purpose. We do not accept or assume resp other than members as a body, for this report and for the opinions formed. This is an independent Examiners report as the charity income is under £250 classified as a small charity organisation. Independent Examiner Eternal Sacred Order C&S BALANCE SHEET AS AT 31 MARCH 2022 Building at cost Net Current asset Total Asset Current Liabilities Amount falling due within one year Net current asset Amount due over one year Total Funds Restricted Unrestricted Total __________________________________ Chairman Eternal Sacred Order C&S ## **Statement of Financial affairs as at 31 March 2022** |Income|Notes||Restricted|Unrestricted| |---|---|---|---|---| |Income||2|73148|10938| |Other income||||3959| |Total incoming Resources|||73148|14897| |Resources Expended||3||| |Direct Charitable Expenditure|||17400|5250| |Services and Projects|||22750|12000| |Support cost|||4360|977| |Other expenditure||||| |Management and Administration|||11790|6603| |Total Resources Expended|||56300|24830| |Net incoming/outgoing Resources|||16848|-9933| |Funds brought forward|||103499|-45471| |Funds carried forward|||120347|-55404| ## **NOTES TO THE ACCOUNTS FOR THE YEAR AS AT 31 MARCH 2022** ## **1. Accounting Policies** The financial statements have been prepared in acordance with applicable a and following the recommendatons in the Standard of Recommended Practic Activities when received. Restricted funds are to be used for the specifiec purposes related to the buil objectives of the charity. Expenditures that meet this criteria is identified to t funds are donations and other income received or generated for charitable p No staff cost incurred. Members spend time to serve the congregation on vo ||Restricted|Unrestricted|| |---|---|---|---| |**2. Income**|||**2022**| |Tithes|£10,624||£10,624| |Oferings||£8,250|£8,250| |Thanks Oferings||£2,688|£2,688| |Special Events||£3,919|£3,919| |Other income:||£40|£40| |Rent|£62,524||£62,524| |Total|£73,148|£14,897|£88,045| |**3. Total Resources Expended**|||| ||**Direct**|**Services &**|| |---|---|---|---| ||**Charitable**|**Projects**|**Support Cost**| |Food Provision|£4,500||| |Travel Expenses|||£3,500| |Christmas and Easter services|£5,500||| |Materials for use in services||£8,200|| |Telephone bills||£4,850|| |Utilities|||£860| |Donation to Charities||£5,500|| |Stationeries||£3,500|| |Keyboard Expenses||£6,200|| |Surveyor|||| |Building expenses|£5,400||| |Church Anniversary|£6,500||| |Church Council dues|£750||| |Bereavement||£6,500|| |Church Caretaker|||£977| |Insurance|||| |Preparation of Accounts|||| |Bank loan|||| |**Total**|**£22,650**|**£34,750**|**£5,337**| Inl 1022 the year ty whose facing hardship, ncial year for that period. disclose with s also r taking ularities. on not remunerated. counting records nting policies set. stees in accordance e for Charities. all information and charitable organisation and information supplied Chapter 3 of part 16 of e to members those ponsibility to anyone 0,000 turnover and is |2022|2021| |---|---| |53602|53602| |23480|22508| |77082|76110| |25600|35700| |-37739|-17618| |64943|58028| |120347|103499| |-55404|-45471| |64943|58028| |2022|2021| |---|---| |84086|73650| |3959|4020| |88045|77670| |22650|37046| |34750|9475| |5337|6436| |18393|2120| |81130|55077| |6915|12533| ||58028| |64943|| accounting standards ce ding and the main the fund. Unrestricted purposes. luntary basis. **2021** £14,997 £2,210 £0 £0 £1,810 £58,653 £77,670 **Management cost** £750 £5,853 £750 £11,040 **£18,393**