OpenCharities

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

← Christ Our King Church

2023-12-31-accounts

CHRIST OUR KING CHURCH - GLASGOW

Scottish Charity No SC038060

ANNUAL TRUSTEES REPORT

For the Year Ending 31[st] December 2023

1

TABLE OF CONTENTS

Page
Reference and Administrative Details
 3
Trustees Annual Report 4
Independent Examiner’s Report 8
Receipts and Payments Accounts 10
Statement of Balances 11
Notes to the Annual Accounts 12

2

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name: Christ Our King Church - Glasgow Charity Registration Number: SC038060 Principal Office: Christ Our King Church -Glasgow Registered Office: Christ Our King Church Trustees on approval date: Trustee Resigned Nil Bankers: Bank of Scotland Argyle Street Glasgow, G2 8BU

==> picture [210 x 87] intentionally omitted <==

Independent Accountant: Treasurer: Secretary :

==> picture [174 x 73] intentionally omitted <==

3

Trustees’ Annual Report For the Year Ended 31[st] December 2023

The trustees have pleasure in presenting their report together with the financial statements and the independent examiner’s report for the year ended 31[st] December 2023.

STRUCTURE GOVERNANCE AND MANAGEMENT

Constitution

Christ Our King Church is a registered Scottish Charity (SC038060). All its affairs are governed by the Board of Trustees as stipulated in the charities constitution of which the copy has been sent to your outfit.

Appointment of Trustees

Members of the Board of Trustee are appointed at the Annual General Meeting as established by the constitution. An induction programme follows for any new members within the first three months after appointment to ensure that Trustee members are familiar with the Charity's objects, aims and values. The programme also covers training and governance issues to enhance trustees understanding of their responsibilities.

Objectives and Activities

Charitable purposes include:

1. The prevention or relief of poverty,

2. The advancement of religion

Activities: It makes grants, donations, gift to individuals and organisations, it carries out religious and community activities or services itself.

Our main aim is: -

Main activities in relation to these objects

4

Democratic Republic of Congo.

(iv) To create and run Arts project for youth and lady in Glasgow.

(vi) To raise money for training programme for voluntary activities.

(vii) To offer supports to projects in Africa.

Achievements and performance

Missions - In July 2023 Explo.

We have been very blessed to have welcomed 16 additional members to our School of Ministry. We have held six evenings of glory and our main theme was 'double of everything'.

The church is also continuing with its mission to get as many children into education as possible. On top of our existing kindergarten, we opened up a primary school named primary.

Christ our king Church Glasgow

We are still working towards our goal of putting together a deposit for the purchase of the church building. We have raised £38,000 and hope to raise a further £4,000. We aim to raise the additional amount through gift aid.

We've resumed our Tuesday bible study sessions and our Friday evening prayer meetings. We also continue to meet each Sunday at 11am.

Sunday teachings

In terms of our Sunday teachings, the themes from Jan 2023 to Dec 2023 are as follows: In January - Divine Mission, February – Discipleship, March – Deliverance, April - The Tongue of Fire, May - Rest of Isaac, June – Restoration, July - Double of Everything, August - Family Restoration, September and October the focus was on Prayers.

Financial Review

The accounts have been prepared on a Receipts and Payments basis and in accordance with the applicable Accounting Standards, Statement of Recommended Practice, Accounting Reporting by charities (SORP 2005) and applicable accounting standards and the charities Acts 1993.

Financial performance:

Christ Our King Church has performed reasonably well in trying to meet its goals in terms of financial status. Though there are goals that we have not been able to meet due to lack of finances. We have been able to conduct conferences and seminars both based on

5

religious and secular settings and the contribution of the church members has been a pivotal source of income that has enabled the organization to function so far.

During the 2023 financial year, Christ Our King Church had a surplus of £2,301. The Trustees will be working hard the coming financial year to maintain the financial situation by improving the funding strategies and looking deeply in the sources of funds and make sure that more financial strategies are in place, and action plan to maintain good financial position by the period ending December 2023. Total receipts were £25,206 (£22,581) compared to a total expenditure £22,905 (£15,084). This is a reason that we have ended up with a surplus.

Our incoming resources this year mainly came from member donations and went towards the funding of the charitable activities and mainly in international missions, which is one of our priorities for the year under review.

Donated facilities and services

We continued to support orphans and widows in the DRC, especially in providing health services and other humanitarian support to many families. The plan to expand the support to education services is still on going.

Reserve Policy

All reserves of Christ Our King Church are used to support good Christian activities in the community and also go towards our international work in DR Congo. We are also kin to promote social community development with all our members.

Plans for the Future

We hope to continue engaging more with our community here in the UK as we are a community-based church. We still plan to run a community shop which will be managed by two volunteers, also we are setting up a team that will be reaching more vulnerable people in the community every week.

We are still hoping that by God’s grace we will be able to start some other community projects for young people which will involve music and art classes. The church is still planning to expand from provision of health care services to education services in DR Congo.

Approved by the trustees on 31/12/2023 and signed on their behalf by:

==> picture [198 x 72] intentionally omitted <==

Chairman

6

Independent Examiner’s Report For the Year Ended 31st December 2023

Independent Examiner’s Report to the Trustees of Christ Our King Church Glasgow.

I report on the financial statements of the charity for the year ended 31st December 2023, which are set out on pages 9 to 12.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities’ Act 2011 and the Charities Accounts Regulations 2008. The charity’s trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section 449(1) (c) of the 2005 Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. 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 seeks explanations from the 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 connection with my examination, no matter has come to my attention: -

  1. Which gives me reasonable cause to believe that in any material respect, the requirements: -

  2. To keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and

  3. To prepare Accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations (as amended)

Have been met

  1. In my opinion, the Board of trustees has satisfactory met all the above requirements.

7

==> picture [120 x 179] intentionally omitted <==

20/04/2024

Relevant professional qualifications and body

AIA – Qualified Accountant ACIE – Affiliate Member

8

CHRIST OUR KING CHURCH - GLASGOW

Statement of Receipts and Payments

For the Year Ended 31st December 2023

Receipts Note Unrestricted
Funds
Restricted
Funds
Total for
2023
Total for
2022
Voluntary Receipts:
Donations 20,165
-
20,165 18,065
Receipts from Charitable
Other Receipts - Gift Aid		 5,041
-
5,041
4,516
Total Receipts 25,206
25,206 22,581
Payments
Cost of Fundraising		 -
-
-
-
Cost of Charitable Activities
Grants and Donations
Governance Costs
Purchase of Equipment
Purchase of Fixture and Fittings
Total Payments
Surplus/(Deficit) for the year
Transfer between funds
Surplus/ (Deficit) for the year		 5
6
7		 22,555
-
22,555
14,534
-
-
-
-
350
-
350
550
-
-
-
-
-
-
-
-
22,905
- 22,905 15,084
2,301
- 2,301 7,497
-
-
-
-
2,301
- 2,301 7,497

The Notes on Pages 11 and 12 form an integral part of these accounts

9

Statement of balances As at 31st December 2023

==> picture [491 x 430] intentionally omitted <==

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Reconciliation Funds Funds 2023 2022
Cash at Bank & in Hand - 01/01/2023 43,292 - 43,292 35,326
-
Surplus/(Deficit) for the year 2,301 2,301 7,966
Cash at Bank & In Hand 45,593 - 45,593 43,292
Bank and Cash Balances
Bank Deposit Account - - - -
Bank Current Account 45,593 - 45,593 43,292
Cash in Hand - - - -
45,593 - 45,593 43,292
Other Assets (Unrestricted Fund)
Equipment at cost:
- - -
Music equipment 1,925
- - - 1,925
Repair Work - Fixture and Fitting
Asco Extinguishers - - - 167
Totals - - - 167
Fixture & Fitting:
Chairs - - - -
Office Chairs - - - -
GRAND TOTAL - - - 2,092
----- End of picture text -----

Liabilities (Unrestricted Fund)

The church had no Liability as at 31st December 2023 and all funds were

The Notes on pages 11 & 12 form integral part of these accounts

Approved by the trustees on the 31th December 2023 and signed on their behalf

==> picture [254 x 54] intentionally omitted <==

Chairperson

10

Notes to the Accounts - For the Year Ended 31st December 2023

1. Basis of Accounting

These assounts have been prepared on the Receipts and Payment basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)

2. Nature and purpose of funds

During the year under review the Forum's managed to raise funds from both sources, namely; unrestricted and restricted, and were all used at the discretion of the trustees. The Forum raised funds for donations to various organisations. All the funds received were wholly and exlusively used for pursuit and furtherance of the Form's objects as stipulated in its constitution.

Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purpose. During the period under review, the Forum did receive restricted funds.

3.Related Party Transactions

There was no remuneration paid to any charity trustee or to any person connected to a trustee during the year.

4. Grants Received

There was no any grant received by the Mission during the year under review.

Total
Telephone
Insurance Charges
Youth & Women Activities
Welfare
Professional fee
Asco Extinguishers
Stationery
Bank Charges
Guest Speaker, Conference & Seminars
IT Services
Christmas Party and Cross Over Events
Utility Bills
Grants received
Rent
Mission
5. Cost of Charitable Activities		 Unrestricted
Funds
Restricted
Funds
Total for
2023
Total for
2022
-
-
-
-
-
-
-
-
-
-
-
-
Unrestricted
Funds
Restricted
Funds
Total for
2023
Total for
2022
3,010
-
3,010
1,700
2,312
-
2,312
2,112
420
-
420
-
255
-
255
-
9,000
-
9,000
9,000
420
-
420
-
3,150
-
3,150
-
120
-
120
-
270
-
270
-
53
-
53
-
-
-
-
-
3,025
-
3,025
1,253
-
-
-
-
520
-
520
-
22,555
-
22,555

14,065

11

Notes to the Accounts - For the Year Ended 31st December 2023

6. Grants & Donations made

There were grants and donations made during the period, as follows:-

==> picture [478 x 240] intentionally omitted <==

----- Start of picture text -----
Unrestricted Restricted Total for Total for
funds funds 2023 2022
Support Orphas and Widows - DR Congo - - - -
Nursery Centre - DR Congo - - - -
- - - -
7. Governance Costs
Annual Accounts & AGM 200 - 200 200
Independence Examination 150 - 150 100
Legal Advice - - - 250
350.00 - 350.00 550.00
----- End of picture text -----

8. Transfers between funds

There was no any transfer of funds from either unrestricted or restricted funds.

9. Funds collected for other charities

There was no any fund collected on behalf of other charities during the period under review.

12