Reports

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2020

Yesu kɛɛ “Shi moŋ kɛ Mumɔ krɔŋkrɔŋ lɛ na ba nyɛnɔ lɛ nyɛaana hewalɛ ni nyɛaatsɔmɔ midasefoi yɛ Yerusalem kɛ Yudea kɛ Samaria fɛɛ, kɛyashi jeŋ koji ejwe lɛ”. (Bofoi 1:8)

Jesus said, “But you will receive power when the Holy Spirit comes to you ; and you will be my witness in Jerusalem, and all Judea and Samaria, and to the ends of the earth.” (Acts 1:8)

 

ADMINISTRATIVE INFORMATION – YEAR ENDED 31st DECEMBER 2020

Leaders (Trustees):

Rev Edward Sanniez – Chairman
Mrs Evelyn Boateng- Secretary
Ms Christina Ashare – Asst.  Secretary
Mrs Lauretta Ribeiro-Nortey – Pulpit Secretary

Mr Edmund Abdo – Treasurer
Mrs Nancy Ankrah – Assistant Treasurer

Mr Reginald Otchwemah – Welfare Officer
Mrs Victoria Laryea – Asst. Welfare Officer
Mr Ben Aryeetey – Publicity Secretary
Mr William Lartey – Asst.  Publicity Secretary
Mrs Sarah Worburton – Social & Catering Co-ordinator
Ms Vida Vanderpuye – Asst. Social & Catering Co-ordinator
Pastor Gabriel Dowuona-Hammond – Co-opted Member
Dr Prince Brown-Engmann – Co-opted Member

Worship Address: St Andrew’s United Reformed Church
  Mount Park Road
Ealing Broadway
London W5 2RP 
Correspondence Address 29 Rochford Way
Croydon
Surrey
CR0 3AG
Website www.gadangmefellowshipurc.org
Independent Examiner Mr Kojo Amoah-Arko FCCA
Kojo & Company Limited
Chartered Certified Accountants
118-120 London Road
Mitcham
Surrey CR4 3LB

 

LONDON GADANGME SPEAKING FELLOWSHIP (URC)
TRUSTEES’ REPORT FOR THE YEAR ENDED 31ST DECEMBER 2020

 

The Leaders (who are also trustees in accordance with charity law) have the pleasure in presenting their annual report and accounts for the year ended 31st December 2020.

Objectives, structure, governance and management
Objectives
London GaDangme  Speaking Fellowship is a Christian community ministry set up to teach and preach the gospel of Jesus Christ in GaDangme and other Ghanaian languages. In so doing, members are to discover what human life is meant to be, that is, to follow the same attitude as Jesus Christ (Philippians 2:5-8) and to learn to love God and to love one another (Matthew 22: 37-39). In other words:

1. To advance the Christian religion through worship and Christian mission amongst GaDangme-speaking Ghanaians and friends of Ghana in the United Kingdom, in accordance with the Basis of Union of the United Reformed Church.

2. To advance education particularly, in poor areas of the world, including Ghana, by providing financial and spiritual support for educational projects.

3. To relieve need, as an extension of Christian pastoral care, including providing or assisting in the provision of care and comfort for the elderly, children or those in need.

Governing document

The Fellowship is a charity governed by its constitution.

Recruitment and appointment of Leaders/ (Trustees)

The Leaders/Trustees are governed by the constitution of the Fellowship and are elected to serve for a period of three years, and are eligible for re-election for a further term of three years.  Election of Leaders takes place at the Annual General Meetings. The last election was held on 28th May 2017.

Risk Management

The Leaders do monitor major strategic and operational risks, which the Fellowship faces to ensure that arrangements are adequate to mitigate these risks.

How our activities deliver public benefit

ACTIVITIES DURING THE YEAR
Administration & Secretariat Matters

During the year, the Leaders met 6 times, on 21st February, 24th April, 26th June, 21st August, 23rd October, and 18th December 2020 to review the various activities of the Fellowship, including future plans. Also, the reports of the various committees of the Fellowship were deliberated on at such leaders’ meetings.

With the exception of January and February, during the year, services were held by Zoom Meeting Apps, with our members participating fully well.

Welfare & Pastoral Care
During the year under review, we continued to provide pastoral care to our members. We continued to explore training in relevant areas as required in order to enhance the efficiency of our Pastoral Leaders. This has been hampered by the onset of the Covid-19 pandemic. We continued to sponsor the university education of a student in Ghana and financially supported charities operating in the United Kingdom. We continued to add value to our fellowship meeting by incorporating talks on matters of interest. We have introduced the use of electronic means to enable members keep in touch by the use of WhatsApp platforms.

Worship
The Worship Committee is responsible for the spiritual aspects of the Fellowship.
We continued to explore ways of making worship relevant to attendees. During the year under review, we continued to organise the monthly worship meetings. This is by the use of the Zoom technology as face to face meeting became impossible. Nevertheless, we continued to promote full participation of members in all aspects of worship leading. Thereby continuing to enable the membership to develop their gifts and talents for Christian service. We have made allowance for more time for informal online interaction after meetings.

Finance, Fundraising and Sponsorship
The Finance and Fund raising Committee met whenever necessary in order to review:
– The performance of this ministry,
– The progress on the student being sponsored in Ghana and
– The level of risk pertaining to the Fellowship’s activities.
During the year under review, the Osu Ebenezar Presbyterian Church Mentoring Committee ceased as our Ghana representative.
The committee is presently spearheading the raising of funds for the distribution of the Ga bible in the Accra region and also the revision of the Dangme bible by the Ghana Bible House.

Financial Review
The principal funding sources for the Fellowship continued to be regular voluntary giving and donations from members and friends, as well as social fundraising events. The income raised was used to finance various activities during the year.
Total income for the period under review amounted to £3,430 (2019:£16,055) and total expenditure was £1,584 (2019:£ 9,230 ) leaving a surplus of £ 1,846 (2019:£6,825).
Like the previous year, during the year, the leaders continued to manage the Fellowship’s funds by investing in CCLA Charities Deposit Fund.
As at 31st December 2020, the Fellowship’s total reserves stand at £37,938 (2019: £36,092), of which £9,642 is restricted and £28,296 unrestricted. Out of the £28,296 unrestricted reserves £20,000 has been designated for the acquisition of worship premises/community centre.

Future Plan
As reported before, the Leaders had a planning meeting on 18th January 2020 and during various meetings in the year considered the following as part of future direction for the Fellowship:

  • Financial support to Bible Society of Ghana for the revision of Dangme Bibles and acquisition and free distribution of new Ga Bibles to children in Greater Accra Region
  • Improve provision of music, continue to develop the choir and start worship on time
  • Encourage pastoral zones to undertake Bible study and develop spiritually
  • Acquisition of our own premises for worship/community centre as a long-term wish
  • Increase publicity of Fellowship’s activities
  • Encourage sub-committees to be pro-active by meeting regularly
  • Continue with efforts to revive Youth and Children activities
  • To consider increasing the number of services in a month from one to two

Statement of Leaders’/ (Trustees’) Responsibilities

The Leaders of the Fellowship are required under the Charities Act 2011 to prepare financial statements for each financial year which give a true and fair view of the Fellowship’s financial activities during the year and of its financial position at the end of the year. In preparing these financial statements, the leaders are required to:

  • select suitable accounting policies and apply them consistently
  • make judgements and estimates that are reasonable and prudent
  • state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements
  • Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Fellowship will continue in its activities

The Leaders are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the Fellowship and to enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the Fellowship and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

By order of the Leaders/ (Trustees)
…………………………………

Rev Edward Sanniez
Chairman
Date: 21st May 2021

 

<href=”#reportslist”>LONDON GADANGME SPEAKING FELLOWSHIP (URC)DRAFT INDEPENDENT EXAMINERS’ REPORTTO THE TRUSTEES OF GADANGME FELLOWSHIP (URC) FOR THE YEAR ENDED 31ST DECEMBER 2020

I report on annual accounts of the Fellowship for the year ended 31 December 2020.

Respective responsibilities of trustees/ (leaders) and Independent examiner

The Leaders (who are also the trustees for the purposes of charity law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this period under section 144(2)  of the  Charities Act 2011 (the 2011 Act).

Having satisfied myself that the Fellowship is not subject to audit under charity law and is eligible for  independent examination, it is my responsibility to:

  • examine the accounts under section 145 of the 2011 Act
  • follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act, and to state whether particular matters have come to my attention

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 I do not  express an audit opinion on the accounts.

Independent Examiner’s statement

During my examination, no matter has come to my attention:

  1. Which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:
    * proper accounting records are kept in accordance with section 41 of the Act, and
    * accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
  2. To which, in my opinion, attention should be drawn in order to enable a proper understanding  of the accounts to be reached.

………………………………………………………………

Mr Kojo Amoah-Arko FCCA
Kojo & Co Limited
Chartered Certified Accountants
118-120 London Road
Mitcham
Surrey CR4 3LB
Date                              2019

LONDON GADANGME-SPEAKING FELLOWSHIP (URC)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020

  Restricted FundsUnrestricted FundsTotal Funds 2020Total Funds 2019
Note££££
INCOMING RESOURCES
Voluntary Income22093,0923,3019,634
Investment Income3-128128143
Income from Charitable Activities4---6,278
----------------------------
Total incoming resources2093,2213,43016,055
----------------------------
RESOURCES EXPENDED
Costs of generating voluntary income5-5815812,901
Charitable Activities - Anniversary6a20-204,616
Mission and Charitable giving6b783-7831,513
Governance Cost7-200200200
----------------------------
Total resources expended8037811,5849,230
----------------------------
NET INCOMING RESOURCES(594)2,4401,8466,825
Total Funds brought forward10,23625,85636,09229,267
----------------------------
Total Funds carried forward9,64228,29637,93836,092
============================

LONDON GADANGME-SPEAKING FELLOWSHIP (URC)
BALANCE SHEET AS AT 31ST DECEMBER 2020

  20202019
Note££
Current assets
Investments827,55027,492
Stock of anniversary cloth at cost92,0622,062
Debtors & Prepayment10418784
Cash at Bank and In-Hand8,4905,954
------------------
38,52136,292
Current liabilities
Creditors: amounts falling due within one year11(583)(200)
------------------
Total assets, less current liabilities37,93836,092
==================
Funds of the Fellowship
Restricted funds12 & 139,64210,236
Unrestricted funds12 & 1328,29625,856
------------------
Total Funds37,93836,092
=================

The financial statements were approved by the Leaders/Trustees on 21 May 2021 and were signed on their behalf by:

…………………………………
Rev Edward Sanniez
Chairman
…………………………………
Mr Edmund Abdo
Treasurer

 

LONDON GADANGME-SPEAKING FELLOWSHIP (URC)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020

1. ACCOUNTING POLICIES
The principal accounting policies are summarised below and have been applied consistently throughout the year and in the preceding year.

Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with,  provisions of the   Charities Act 2011, applicable United Kingdom accounting standards, the Statement of  Recommended Practice “Accounting and Reporting by Charities” (SORP 2016) and Financial Reporting Standard (effective January 2019)

Fund Accounting
Unrestricted Funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Fellowship.

Restricted Funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Designated Funds are part of the unrestricted funds earmarked to be used for a particular future project.

Cash flow statement
The trustees have taken advantage of the exemption in Financial Reporting Standard No. 1, that is, from
including a cash flow statement in the financial statements on the grounds that the charity is small.

Incoming resources
All incoming resources are included in the statement of financial activities when the Fellowship is entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Resources expended are accounted for as they are incurred and include irrecoverable VAT and comprises those costs incurred by the Fellowship in the delivery of its activities.

Taxation

The Fellowship is exempt from tax on its charitable activities.

Trustees Remuneration and Benefits & Expenses
There were no trustees’ remuneration or benefits, either for the year ended 31 December 2020
or for the year ended 31 December 2019.

Stock
Stock of anniversary cloths was valued at cost.

2. Voluntary income
   

 

Restricted funds
2020                 £

Unrestricted funds
2020                £                
Total

 2020                  £             

Total

2019
£      

        

  Harvest 852
  Gift-Aid Tax Claimed

209

209 418

784

  Other donations

100 100

109

  Contribution for refreshment

355

  Sundry income

109 109

  Refund from Osu Presby. Church

2,241

  Offertory

2,314

2,314 4,013
  Thanksgiving

360

360

1,280

      ________ ________ ________ ________
       209  3,092  3,301  9,634
      ———- ———- ———- ———-
             
3 Investment Income          
             
      Restricted funds2020                 £ Unrestricted funds2020                £                 Total 2020                  £              Total2019                 £      

        

   
  Interest   128 128 143
      ———- ———- ———- ———-
             
4 Incoming resources from Charitable

Activities

         
   

 

 

 

Anniversary

  Restricted funds
2020                 £
Unrestricted funds
2020                £                 
Total

 2020                  £             

Total

 2019                 £      

        

 
Sale of anniversary cloths   280
Raffle ticket sales   1,008
Sale of Social Evening tickets   4,230
Donations   760
  ___  _ ________ _______ ________
  6,278
  ————- ————- ————- ————-

 

    Restricted funds2020
£
Unrestricted funds2020                £                 Total2020£              Total2019
£               
5. Cost of  generating  voluntary  income:  
  Contribution for use of Church premises  

350

 350

1,075

  Harvest Expenses 164
  Refreshments  

285

  Printing, stationery & postage                     – 71 71 421
  Worship Music 160 160 880
  General expenses 156
  ________ _______ _______ ________
   

 581  581

2,901

 

 

  ________ ________ ________     ________
6a Charitable Activities        
           
  Cost of anniversary cloth Sold 256
   
6b Mission & Charitable giving  
  Bereavement donations         100 100 100
  Mission project –Mentoring  programme            1,764               1,764
  Sundry donations     200 200                 100
  Donations to 4 UK Charities              1,000
  ________ ________ ________ ________
                1,764 300 2,064 1,200
 
  ________ ________ ________ ________
7 Governance costs          
      Restricted funds
2018                 £
Unrestricted funds
2018                £                 
Total

 2018                  £             

Total

              2017

                 £      

        

  Independent  Examiner’s  Fee  

 

250

 

250

150

      ________ ________ ________ ________
8 Investments          
        Total

 2018                  £             

Total

 2017                 £      

  Investments in  CCLA  Managed Funds                 24,349          12,388
          ________ ________
             
9 Stock of  Anniversary Cloths  
Stock of  anniversary cloth    

2,318

2,609

     

 

    ________ ________
10 Debtors & Prepayment          
             
             
  Amount outstanding due from HMRC.  Re: Gift Aid Tax  Claimed      

998

 

1,056

          ________ ________
             
             
11 Creditors : Due within one year      

200

150

  Accrued expenses *       ________ ________
12

 

  

Movement in funds – Restricted

 

 

Replacement of  Stolen  Musical Equipment
£
Mission Projects                   

 £

   

TOTAL

£

           
Balance at       1 Jan 2018

2,000

              3,244

5,244

Incoming resources

3,414

3,414

Resources expended

(2,056)

(2,056)

________

________

________

 

Balance as at 31 Dec   2018

 

2,000

 

4,602

6,602

 

 

________

________  

________

Restricted  funds  represent funds raised  for the replacement of the Fellowship’s  stolen  hymnal musical equipment  in 2012 and  to  support  selected  Mission Projects amounting to £2,000  and  £ 4,602  respectively.

13 Analysis of fund balances Restricted funds
£
Unrestricted funds
 £
Total

 £

Fund balances at 31st December  2018 are represented by:
Investments

6,602

17,747 24,349

Stock of cloths

2,318

2,318

Debtors

                          –

              998

998

Cash at bank and in hand

1,802

1,802

________ ________ ________
 

 

6602

22,865

29,467

Less: Creditors:

(200)

(200)

Due within one year
________ ________ ________

 

 

 

6,602

22,665

29,267

________ ________ ________