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THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
I ARRINGTONCo, LIMITED
CHARTERED CERTIFIED ACCOUNTANTS
THE MIRACLE CHURCH OF GOD IN CHRIST
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016
TRUSTEES: Francis VaughanStephanie GrantAmanda JosephPeter StapletonIcilda CameronMarcia EastmanLloyd AllisonDeona Deans
CHARITY NUMBER: 291224
PRINCIPAL ADDRESS: 36-38 Alexandra RoadBedfordMK40 1JB
INDEPENDENT EXAMINER Darrington 4 Co Limited71 High StreetGt BarfordBEDFORDMK44 3LF
BANKERS: Lloyds TSB34 High StreetBedfordMK40 1SB
Page 1
THE MIRACLE CHURCH OF GOD IN CHRIST
CONTENTS OF THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 MARCH 2016
Page
Trustees' Report 3-6
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts 10-15
Page 2
THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT
YEAR ENDED 31 MARCH 2016
The Trustees present their report and accounts for the year ended 31"March 2016.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and complywith the Church's Trust Deed, The Charities Act 2011 and the Statement of Recommended Practice applicable to Charitiespreparing accounts in accordance with the Financial Reporting Standard for Smaller Entities published in 2014.
By the grace of God and the continuing help of our supporters we were able to meet many of our objectives for the year andtake on some additional responsibilities.
We reiterate our mandate as contained in the Trust document:~ To conduct daily public worship in the House of God~ To witness to the lost~ To preach and uphold the doctrine of the New Birth/Water baptism by immersion and the Lord's Supper~ To maintain Sunday School and Bible Study classes~ To promote community integration working with local community organisations to care for the aged and indigent
within our community~ To maintain a robust Outreach Ministry by distributing Christian literature, visiting local Care Homes, the local
hospital and prisons and holding open-air meetings and also to make use of the media to reach the lost for Christ
Structure Governance and Mana ement
The Church was established by a Charitable Trust Deed on 23 January 1985.
The Members of the Trustees who served during the year were:-Mr Francis Vaughan —General Overseer and Chair of TrusteesMrs Stephanie Grant —Assistant Chair of TrusteesMrs Amanda JosephMr Peter StapletonMrs lcilda CameronMs Marcia EastmanMr Lloyd AllisonMrs Deona Deans
Existing Trustees by resolution, appoints new Trustees at planned meetings. The Board of Trustees who make the financial
and management decisions oversee the activities of the church. The spiritual and educational guidance of the congregation is
delegated to the Pastors, Elders and Departmental Leaders who are appointed by the Board.
~Ob'ectives.
The Church's objectives are the advancement of Christian and other charitable purposes and in particular, to further education
in the basic principles of Christian morality. The Charity currently runs churches in Bedford, Northampton, Aylesbury,
Jamaica, Ghana, Nigeria and Barbados and seeks to meet the needs of the wider Community in each area in pursuit of its
objectives.The Charity is a member of the Evangelical Alliance and also participates in a number of local organizations such as the
Bedford Ecumenical Committee (BEC), the Bedfordshire University Chaplaincy Committee and HOPE Bedfordshire. There
are various other organisations which we participate in or support on a smaller scale.
Page 3
THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT
YEAR ENDED 31 MARCH 2016
Activities For The Year
Local Ministries
During this year, the Church has facilitated a variety of activities, among these:-
1. Operating all-age Sunday School —from age 4 to adults (children between the age of 4 and 12 most weeks numberingaround 50)
We also offer support to our Church and Local Community by facilitating:
1. Youth group sessions:Now under new leadership and includes a wider variety of activities and opportunities for our young people fromage 7 to 30. There is also support for those who are in further education and for families who have young ones wantingto use the service but are not able to always get their children/youth to the meetings and events. This runs on a Fridayevening between the hours of 7pm and 9pm.
2. Women's support groups.3. Men's support group.4. Supplying food and other provisions for members of the local Community5. Providing Christmas Hampers for the elderly, single mothers and needy within the Community.6. Donating food and provisions to a local drop-in centre.7. Provision of night and short-term shelter for ad-hoc callers.8. Assisting financially our young people who are in university and also those in mainstream schools whose parents are
struggling financially.Transport is provided for the children, elderly and infirm members of the Community to be able to visit and take part in the
various services and activities that are being provided for them on a weekly basis.
Policies and Procedures
Work still continues on our Policies and Procedures and Job descriptions for all staff including our Volunteers.
Child Protection
We now have on-board 2 vibrant workers in this area who have volunteered their services. Already they have been a great
asset to this area of work. Child Protection Training and refresher sessions is an ongoing process; an encouraging number ofmembers of the wider community have attended these and other training sessions that we have facilitated. We continue to
ensure that all our workers and those who come into contact with children/vulnerable adults are DBS checked and receive
the necessary training and information.
Bedford
This year has seen an increase in our involvement with the local community; there has also been an expression of interest
from other community organisations looking to run activities at our premises. Hope Bedfordshire, the Bedford Community
Gospel Choir and the Bedford Town Centre Chaplaincy are just some of the organisations in which we play an active part.
We also have a group who support ex-prisoners looking to use the facilities for their support group once a week. Our ministry
to the Care Homes, Prison, Hospital and Street Outreach continues to grow; as does the Civic engagements that our Chair—
Bishop Vaughan is asked to participate in during the year, these include Bedfordshire University graduation ceremony, the
High Sheriff s reception as well as Christmas services at both Yarlswood Detention Centre and HMP Bedford.
Page 4
THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT
YEAR ENDED 31 MARCH 2016
HMP Bedford
We have had a visible presence for over 30 years; we run a monthly workshop service and weekly Bible Study sessionswithin HMP Bedford.
~Northern too
As well as the normal weekly activities, a weekly 'Feed the Needy' project is also being run from this location which catersfor a number of single parent families, the elderly and infirm within the congregation and community,
~Ateebor
It is crucial to our vision that we improve the facilities we have as this directly affects the activities we can run. Our priorityafter we have secured suitable premises is to engage the youth in our area with a view to mentoring and trying to get them toachieve their full potential by equipping them with the tools for success both spiritually and in everyday life in the secularworld.
Mission De artment
The Charity's Missions Department corresponds with individuals, churches and other organisations not just in the UK butalso overseas and co-ordinates the help and support that is needed. This financial year we have assisted a number of Charities,some with financial assistance, others we have sent barrels complete with clothes, food, toiletries and other provisions. Wehave also run a 'back to school' project for children in a number of schools in Jamaica.
Within the UK:
British Heart FoundationMcMillan Cancer ResearchSamaritans PurseChildren with Cancer UKGreat Ormond Street Children's Hospital CharityCancer Research UKChristian AidBible SocietySickle Cell CharitySue Ryder
Support outside the UK:-
The Sanctuary Children's Orphanage —Jamaica
Outreach Ministries
We endeavour to follow the example of Christ, (St. Matthew 25: 35-41) in reaching out to those who are sick, incarcerated,
in need within our Community. We do this by weekly visiting the Local Hospital and Prison, catering for the spiritual and
emotional needs ofpatients and inmates. There is a continued involvement after they have been released from hospital/prison.
We continue to carry out monthly visits to local Residential Care Homes. Also with the local Detention Centre, helping with
Provisions and Care once the Detainees have been released.
Page 5
THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT
YEAR ENDED 31 MARCH 2016
Future Plans
The plan for the future is to make the Church a more professional Organisation; an Organisation that is not only attractive toChristians but will be welcoming and relevant to the wider Community. In order to do this we will continue to seek out thepeople within each congregation who are skilled in specific areas and get them working together across the churches at homeand abroad, making each area more affective.For the future we are looking at acquiring premises to set up and run a centre for the wider Community which will includechildren and Youth, elderly and infirm, single mothers, those suffering from the effects of physical, mental and emotionalabuse etc.Our aim is also to do niore in the area of Mission and set up a charity in each country that is representative of the make-up ofour congregation, either a children's home or elderly care home.
Conclusion
We, the Trustees of the Miracle Church of God in Christ Charity, according to the commission given to us in St. Matthew28: 19-20 endeavour to serve the people in the Church, Community and Overseas.
We thank you for your support in helping us to accomplish this work.
On behalf of the Board of Trustees:-
Bishop F VaughanChairperson
Dated: 23' November 2016
Page 6
THE MIRACLE CHURCH OF GOD IN CHRIST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MIRACLE CHURCH OF GOD IN CHRIST
We report on the Accounts of the Charity for the year ended 31"March 2016 which are set out on Page 8 to 15.
Respective Responsibilities of Trustees and Examiner
The Charity's Trustees are responsible for the preparation of the Accounts. The Charity's Trustees consider that an audit is notrequired for this year under Section 144 (2) of The Charities Act 2011 (The Charities Act) and that an Independent Examinationis needed.
It is our responsibility to:
~ examine the accounts under Section 145 of the Charities Act,~ to follow the procedures laid down in the general Directions given by the Charity Commission (under Section
145(5)(b) of the Charities Act, and~ to state whether particular matters have come to our attention,
Basis of Independent Examiner's Statement
Our examination was carried out in accordance with general Directions given by The Charity Commission. An examinationincludes 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 the Trusteesconcerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, andconsequently no opinion is given as to whether the Accounts present a "true and fair" view and the report is limited to thosematters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to our attention:-
which gives us reasonable cause to believe that, in any material respect, the requirements:-
~ to keep accounting record in accordance with Section 130 of the Charities Act;~ to prepare accounts which accord with the accounting records and comply with the accounting requirements of
the Charities Act have not been met; or
to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be
reached.
Darrington 4 Co LimitedChartered Certified Accountants71 High StreetGt BarfordBEDFORDMK44 3LF
Dated: 23"d November 2016
Page 7
THE MIRACLE CHURCH OF GOD IN CHRIST
STATEMENT OF FINANCIAL ACTIVITIESFOR THE YEAR ENDED 31 MARCH 2016
NotesUnrestricted
FundsRestricted
FundsTotal2016
Total2015
Incomin resources from enerated funds
Donations and legaciesRental, investment and other income
Incoming resources Irom charitable activities 4
Total incoming resources
164,749110,322
275,07110,466
285,537
164,749110,322
275,07110,466
2S5,537
162,62874,994
237,62210,744
248,366
Resources ex ended
Charitable activitiesChurch activitiesProvision of social housing
148,31047,126
148,31047,126
162,97941,603
Total charitable expenditure
Governance costs
195,436
6,780
195,436
6,780
204,582
6,600
Total resources expended 202,216 202,216 211,182
Net surplus for the year/Net movement in funds
Fund balances at 1 April 2015
83,321
2,702,710 202,916
83,321
2,905,626
37,184
2,868,642
Fund balances at 31 March 2016 2,786,031 202,916 2,988,947 2,905,626
Page 8
THE MIRACLE CHURCH OF GOD IN CHRIST
BALANCE SHEETAS AT 31 MARCH 2016
Notes 2016 2015
Fixed assetsTangible assets 2,902,432 2,932,298
Current assetsDebtorsInvestments
Cash at Bank and in Hand
12 37,54213 4,806
51,075
93,423
31,610806
75, 187
107,603
Creditors: amounts falling due withinOne year 14 56,909 9,825
Net current assets
Total assets less current liabilities
36,514
2,938,946
97,778
3,030,076
Creditors: amounts falling due in more thanOne year 15
Net assets 2,938,946
124,450
2,905,626
Income fundsRestricted funds
Unrestricted fundsRevaluation reserve
1617 .
17
202,916918,933
1,817,097
202,916835,612
1,867,098
2,938,946 2,905,626
Approved by the Trustees on 23"4 November 2016
Pastor F Vaughan
ChairmanMrs S Grant
Trustee
Page 9
THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2016
1. Accounting Policies
1.1 Basis of preparation
The accounts have been prepared under the historical cost convention modified to include the revaluation of certainfixed assets.
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement ofRecommended Practice applicable to Charities preparing their accounts in accordance with the Financial ReportingStandard for Smaller Entities published in 2014 and The Charities Act 2011 and applicable regulations,
1.2 Incoming resources
Income, including that gifted under the Gift Aid Scheme, is taken into account when received by the Charity. Incomereceived in circumstances where a claim for repayment of tax has been or will be made to the Inland Revenue isgrossed up for the tax recoverable. Any amounts of tax not yet reclaimed from H M Revenue & Customs is shownwithin the Charity's debtors.
Interest and rental income are taken into account when receivable.
1.3 Resources expended
Expenditure is taken into account when incurred by the Charity regardless of when payment is made and is allocatedto the appropriate heading in the Accounts. Grants and donations payable are taken into account at the earlier of whenthey are paid or become constructive obligations of the Charity.
1.4 Tangible fixed assets and depreciation
Tangible fixed assets other than freehold property are stated at cost or valuation less depreciation. Depreciation isprovided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expecteduseful life, as follows:—
Fixtures, fittings & equipmentMotor vehiclesComputer equipment
10/0 —25/0 on cost25'/0 on reducing balance33.33 /0 on cost
Freehold properties at 36/38 Alexandra Road, 43 Alexandra Road, 8 Conduit Road and 13 Conduit Road were re-
valued by Smartmove Estates & Lettings Limited on 27 August 2012. These revaluations have been incorporated into
these financial statements. No depreciation is provided on &eehold property.
1.5 Investments
Current asset investments are stated at market value.
1.6 Accumulated funds
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses ofthe restricted funds are set out in the notes to the accounts.
1.7 Commitments for future expenditure
Other than normal commitments under contracts of employment, there are no contractual obligations to future
expenditure at the balance sheet date. Where the trustees have authorised expenditure which is not legally enforceable
or become constructive obligations, amounts are set aside into funds designated for the purpose.
Page 10
THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2016
2. Donations and legacies2016 2015
Donations and gifts 164,749 161,778
Rental and investment income2016 2015
Rental incomeInterest receivedProfit on sale of houseBank compensation
61,10236
49,184
74,53737
420
110,322 74,994
Incoming resources from charitable activities2016 2015
Church activities 10,466 10,744
Total resources expended
Othercosts
Grant~Fnndin
Total2016
Total2015
Charitable activitiesChurch activitiesActivities undertaken directlyDonations and giftsSupport costs
54,76928,66864,873
54,76928,66864,873
67,55127,48762,445
Total 148,310 148,310 157,483
Provision of social housinActivities undertaken directly 47,126
195,436
47,126
195,436
41,603
199,086
Governance costs 6,780 6,780 6,600
202,216 202,216 205,686
Governance costs includes payments to the accounting practice of the independent examiner of 56,780 (2015: K6,600)for independent examination fees.
Page 11
THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2016
6. Activities undertaken directly2016 2015
Other costs relating to church activities comprise:-Pastoral fees and expensesRent, rates and waterLight and heatAdvertising
Cleaning and flowersMission expenses and travelMotor expensesSunday school and youth workThanksgivingCatering and re&eshmentsMusicXmas dinner expensesConvention expensesVisiting speakersIcare costs
21,8501,0926,433
621,125
22010,8601,667
2,S262,318
7242,8272,318
447
24, 100854
8,478365
1,859
18,0482, 148
3583,1481,402
6064,256
8551,074
54,769 67,551
Other costs relating to provision of social housing comprise:-Light and heatRepairsInsuranceCouncil taxWater and sewerageCleaningFire risk assessmentPlanning feesAsbestos removalBank loan interestOther loan interestLetting fees
3,Z3928,8963,3151,8991,103
228
925840
1,230
5,451
47,126
6,32514,2163,3661,9881,142
648954
5,504500
6,960
41,603
7. Grants payable2016 2015
Grants to institutionsGrant re Victory Pentecostal building - AylesburyGrant to Wellingborough branchGrants to individuals
4,65214,373
9,643
4,046
9,86213,579
28,668 27,487
Page 12
THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2016
8. Support costs 2016 2015
Administrative expensesRepairsStaff costsDepreciation and profit on sale of vehicle
21,91514,06724,2144,677
20,9685,119
29,5106,848
Trustees
64,873 62,445
The following trustees (or any persons connected with them) received either fees or remuneration for employmentduring the year for pastoral services to the church:
Francis Vaughan f.18,250 (2015: 620,500)Stephanie Grant K6,946 (2015; 24,619)
In addition to the above, Francis Vaughan had the use of a car belonging to the church which originally cost 69,390.
10. EmployeesNumber of employeesThe average monthly number of employees during the year was:—
2016Number
2015Number
Administration
There were no employees whose annual emoluments were f60,000 or more.
Tangible fixed Assets
Cost or valuationAt I April 2015AdditionsDisposals
Land and~buitdin s
2,919,272321,810
( 350,000)
Fixtures,fittings &
equi ment
50,2893,000
(-)
Motorvehicles
15,090
Total
2,984,651324,810
( 350,000)
At 31 March 2016 2,891,082 53,289 15,090 2,959,461
DepreciationAt I April 2015Charge for the yearEliminated on disposal
At 31 March 2016
39,3003,251
(-)
42,551
13,0531,425
(-)
14,478
52,3534,676
(-)
57,029
Net book valueAt 31 March 2016 2,891,082 10,738 612 2,902,432
At 31 March 2015 2,919,272 10,989 2,037 2,932,298
Page 13
THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2016
12. Debtors2016 2015
Income Tax RecoverableOther DebtorsPrepayments and Accrued Income
22,20312,4752,864
17,8168,9504,844
37,542 31,610
13. Current asset investments
These comprise short term deposits.
14. Creditors: amounts falling due within one year2016 2015
Property loansOther CreditorsAccruals
43,000
13,9091,4278,398
56,909 9,825
15. Creditors: amounts falling due in more than one year2016 2015
Bank loan 124,450
124,450
16. Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donationsand grants held on trust for the specific purpose of meeting the costs of acquisition of land and buildings and othercapital expenditure:-
Balance at~1A rii 2015
Movement in fundsIncoming ResourcesResources E~xeuded
Balance at31 March 2016
Building and capital expenditure fund 202,916
202,916
202,916
202,916
Page 14
THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2016
17. Analysis of net assets between fundsUnrestricted
fundsRestricted
funds Total
Fund balances at 31 March 2016 are represented by:—
Tangible fixed assetsCurrent assetsCreditors: amounts falling due within one year
2,700,51892,421(56,909)
201,9141,002
2,902,43293,423(56,909)
2,736,030 202,916 2,938,946
Unrestrictedfunds
Restrictedfunds Total
Unrealised gains included above:On tangible fixed assets 1,817,097
1,817,097
1,817,097
1,817,097
Reconciliation of movements in unrealised gainsUnrealised gains at 1 April 2015Disposal of revalued house
1,867,098(50,001)
1,867,098(50,001)
Unrealised gains at 31 March 2016 1,817,097 1,817,097
Page 15
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