miracle in christ and unaudited - gov.uk

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


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


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


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.

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TRUSTEES' REPORT


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.

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TRUSTEES' REPORT


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.

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TRUSTEES' REPORT


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


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 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


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


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


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.

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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



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

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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

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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

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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

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