## **EAGLES EVANGELISTIC AND DELIVERANCE CENTRE** **ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023** ## **CHARITY REGISTRATION No: 510806** Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 1 ## **EAGLES EVANGELISTIC AND DELIVERANCE CENTRE** ## **CONTENTS** Page 3 Legal and Administrative Information Page 4 Trustees' Report Page 5 Statement of Receipts and Payments Page 6 Statement of Assets and Liabilities Pages 7 to 9 Notes to the Accounts Page 10 Independent Examiners Report to the Trustees 2 ## **EAGLES EVANGELISTIC AND DELIVERANCE CENTRE** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **CHARITY NUMBER** 510806 **CHARITY REGISTRATION DATE** 4 December 1980 **START OF FINANCIAL YEAR** 1st January 2023 **END OF FINANCIAL YEAR** 31st December 2023 **TRUSTEES WHO SERVED DURING** Rev D Simms (Chair) **THE YEAR TO 31 DECEMBER 2023** L Stanley (appointed 12 February 2023) S Roper (appointed 12 February 2023) M Bailey D Hutchinson C Sweeney S Stanley D Nicholson The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument. ## **GOVERNING INSTRUMENT** Rules and Constitution adopted 6 November 1980 ## **OBJECTS** The promotion of the Christian faith, in Derby, in the United Kingdom and elsewhere in accordance with the teaching of the Holy Scriptures and by preaching the Gospel of our Lord Jesus Christ, and doing all such other things as are necessary to the attainment of the above object. ## **BANKERS** ## **CORRESPONDENCE ADDRESS** National Westminster Bank Plc Leicester 15a Grayling Street Derby DE23 8FS ## **INDEPENDENT EXAMINER** Independent Examiners Limited Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 3 EAGLES EVANGELISTIC AND DELIVERANCE CENTRE TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 ObJectives and Activities The object of the charitvi as set out in the governing document, is the promotion of the Christian faith in Derby, The United Klngdom and elsewhere. This includes to provide teaching and a place for prayer. worshi and Christian fellowship. The main acitivity of the charity Is for the advancement of the Christian faith. The church enables members and vi51tors to develop theÈr falth through prayer and worship, As such the activities planned. are in line with the Charity Commissions guidance on public benefit, in particular the idance around the advancement of relighM. Achivements and Performance During 2023 the church has welcomed more members and attendees where they receive teachingi and are encouraged in prayer and worship. The wider benefits have been the continued development of a positive and inclusive community spirit, 65 all dre welcome. Policy on Reserves The church needs re5erve5 to ensure the continutation of the charitable activitie5. The tharity endeavours to enstjre that the church has enough to continue its acttvities. Principal sources of funds The majority of the funding for the charity cornes from the donatlons collected from those that use the facilities. Type of governing documènt Eagles Evangelistic and Deliverance Centre. Derby is constituted by Deed of Trust and is a registered charlty. The charity was formed by a trust deed dated 3uly 1974, its rules and constitution were adopted 6 November 1980 and it was registered at the Charity Commission on 4 December 1980 under charity number 510806. Trustee selection methods New trustees are appointed by existing trustees at the Annual Genernl Meeting. Flnamcial Revlew The Trustees are pleased to report a surplus of income over expenditure of £3,223 (2022: a defiat of £16,481). Income recelved during the financial year ended 31st De￿mber 2023 amwnted to É152,761 (2022.. £159,191), with expenditure on charitable activities amounting to £149,538 (2022: £175,672) As of 31st December 2023 the amount of reserves held by the charity amounted to £11.351.13 as represented by the bank balance held in the current and reserve accounts. Trustees Responsibilities The Charities Act 2011 requlre the trustees to prepare financial statements for each financial year which glve a true and fair view of the state of affairs of the trust and of the surplus of the trust for that period. In preparing those flnancial statements the trustees are required to- Select suitable accounting policies and apply them consistently Make judgements and estimates that are reasonab5e and prudent trust will continue in existence. The Trtjstees are responsible for keeplng proper time the financial position of the tnjst. They ar for tsking reasonable steps for the prev tion a oun Ing records. which disclose with reasonable accuracy at any spon5ible for safegvarding the assets of the trust and hence tlon of fraud and other irregularities. sor Signed o behalf of t e Trustees., Date: . 2024 ## **EAGLES EVANGELISTIC AND DELIVERANCE CENTRE** ## **STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** |Notes
**RECEIPTS :**
Voluntary Receipts
2a
Charitable Activities
2b
**TOTAL RECEIPTS**
**PAYMENTS :**
Costs of Charitable Activities
3a
Costs of Generating Funds
3b
Governance Costs
3c
Asset and Investment Purchases
3d
**TOTAL PAYMENTS**
**NET RECEIPTS/(PAYMENTS)**
Transfers Between Funds
4,5
Cash Balances Brought Forward
**CASH BALANCES CARRIED FORWARD**|Unrestricted Designated
Restricted
Total
Total
Funds
Funds
Funds
2023
2022
£
£
£
£
£
152,721
0
0
152,721
159,177
40
0
0
40
14
**152,761**
**0**
**0**
**152,761**
**159,191**
73,878
0
0
73,878
65,646
0
0
0
0
0
2,100
0
0
2,100
0
73,560
0
0
73,560
110,026
**149,538**
**0**
**0**
**149,538**
**175,672**
**3,223**
**-**
**0**
**3,223**
**(16,481)**
-
0
0
0
0
8,129
0
0
8,129
24,610
**11,352**
**0**
**0**
**11,352**
**8,129**| |---|---| 5 EAGLES EVANGELISTIC AND DELIVERANCE CENTRE STATEM ENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2023 Unrestricted Designated Restricted Fund Fund Fund 31-Dec-23 Total 31-De¢-22 Total CASH ASSETS Current Account Reserve Account 8.103 3.249 8.103 3,249 1,920 6,209 11,352 OTHER ASSETS Gift Aid Tax Rebate due Flxed Asset - Property 15a Grayling st￿et 6,448 1.099.601 6,448 1,099,601 1,099,601 1.106.049 1 106,049 1,099 601 LIABILXTIES Mortgage payable < l year Mortoage payable > l year Trustees Loans < l year Trustees Loans < l year Members Loans Independent Examiners Fees 21,839 179,602 7.316 14,947 12,000 1,350 21,839 179,602 7,316 14,947 12,000 1,350 18,509 199,205 9,740 32,998 12,000 237,054 237,054 272,452 TRUSTEES RESPONSIBILITXES IN RELATION TO THE ACCOUNTS Charity Law requires the Trustees to prepare accounts for eath financial year which cornply with the regulations set out In the Charities Act 2011. The Trustees have elected to take advantsg@ of the provislons that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities whleh are set out on pages 5 and 6. Approved by the Trustees on ............:. 2024 a Slgned on their behalf by , Trustee ## **EAGLES EVANGELISTIC AND DELIVERANCE CENTRE** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **1. BASIS OF ACCOUNTING** The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commission, and they meet the appropriate legal requirements. |**2. RECEIPTS**
Note
**a) Voluntary Receipts**
Sums collected through giving
Gift Aid Tax Recovered
**b) Charitable Activities**
Bank Interest Received
**3. PAYMENTS**
**a) Costs of Charitable Activities**
Equipment and Installation
Legal and Professional Fees incl Bank Charges
Light, Heat, Water and Insurance
Miscellaneous
Missions and Giving
Repairs and Renewals
Printing, Postage and Stationery
Telephone
Wages and Salaries
**b) Costs of Generating Funds**
Publicity & Outreach
**c) Governance Costs**
Accountancy & Independent Examination
**d) Asset and Investment Purchases etc**
Mortgage Repayments
Member Loan Repayments
Trustees Loan Repayments|Unrestricted Designated
Restricted
Total
Total
Funds
Funds
Funds
2023
2022
£
£
£
£
£
124,871
0
0
124,871
129,478
27,850
0
0
27,850
29,699
**152,721**
**0**
**0**
**152,721**
**159,177**
40
0
0
40
14
**40**
**0**
**0**
**40**
**14**
8,115
0
0
8,115
4,400
7,347
0
0
7,347
7,426
22,595
0
0
22,595
20,479
0
0
0
0
254
5,328
0
0
5,328
10,863
7,293
0
0
7,293
1,324
277
0
0
277
0
1,323
0
0
1,323
1,135
21,600
0
0
21,600
19,765
**73,878**
**0**
**0**
**73,878**
**65,646**
0
0
0
0
0
**0**
**0**
**0**
**0**
**0**
2,100
0
0
2,100
0
**2,100**
**0**
**0**
**2,100**
**0**
49,900
0
0
49,900
49,294
0
0
0
0
18,000
23,660
0
0
23,660
42,732
**73,560**
**0**
**0**
**73,560**
**110,026**| |---|---| 7 ## **EAGLES EVANGELISTIC AND DELIVERANCE CENTRE** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 DECEMBER 2023** ## **4. RESTRICTED FUNDS** The charity held no restricted funds during or at the end of the financial year. ## **5. DESIGNATED FUNDS** The charity held no designated funds during or at the end of the financial year. ## **6. TRANSACTIONS WITH TRUSTEES** During the year, remuneration of £21,600 (2022 - £19,765) was paid to Trustee Rev Simms for services rendered as a self employed Pastor and Church Leader. Rev Simms issues invoices to the charity for Pastoral services rendered and is responsible for his own reporting of tax and national insurance to HMRC. The Trustees confirm that they have relied upon the provision of section 185 of the Charity Act 2011 (as amended) when paying a Trustee for the supply of services. Apart from reimbursement of charitable expenditure paid personally, no other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them. Donations of £23,989 (2022 - £14,160) were donated to the charity by four trustees. There were no conditions attached to these donations. Details of trustees' loans are shown below: |Opening balance
Loan interest adjustment
Loan interest added by lender
Capital repayments
Loan interest repayments
Closing balance|2023
2022
£
£
42,738
81,854
170
-
3,015
3,616
(20,645)
(39,116)
(3,015)
(3,616)
**22,263**
**42,738**| |---|---| One trustee has taken out personal loans with the funds subsequently loaned to the church. On this basis, the church has been reimbursing the trustee for the loan repayments. The loan balances also take into account the accumulated interest charges levied by the lender on the loans and the trustees have agreed that all loan repayments cover both the capital and the interest. ## **7. RELATED PARTY TRANSACTIONS** There are no related party transactions that require disclosure, apart from those disclosed in note 6 above. ## **8. RISK ASSESSMENT** The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **9. PUBLIC BENEFIT** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 8 ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** I report to the trustees on my examination of the accounts of Eagles Evangelistic and Deliverance Centre for the year ended 31st December 2023. 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”). ## **Responsibilties and basis of report** I report in respect of my examination of the charity'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 examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of - · accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 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: Name: J Irvinesmith FCIE 26 October Date: …..................2024 Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 9