THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT AND UNAUDITED ACCOUNTS
FOR THK YEAR ENDED 31 MARCH Z018
I ARRINGTONR CO. LIMITED
CHARTERED CERTIFIED ACCOUNTANTS
THE MIRACLE CHURCH OF GOD IN CHRIST
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018
TRUSTEES: Francis VaughanStephanie GrantAmanda JosephPeter StapletonIcilda CameronLloyd Allison
Deona Deans
CHARITY NUMBER: 291224
PRINCIPAL ADDRESS: 36-38 Alexandra RoadBedfordMK40 1JB
INDEPENDENT EXAMINER Darrington & 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 2018
Page
Trustees' Report 3-6
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts 10-15
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THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT
YEAR ENDED 31 MARCH 2018
The Trustees present their report and accounts for the year ended 31"March 2018.
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 ofRecommended 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 and
take 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 Icilda CameronMr 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, 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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THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT
YEAR ENDED 31 MARCH 2018
Activities For The Year
Local Ministries
During this year, the Church has facilitated a variety of activities, among these:-
l. Operating all-age Sunday School —&om age 4 to adults (children between the age of 4 and 12 most weeks numbering
around 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 &om
age 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 re&esher 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 toensure 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
&om 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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THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT
YEAR ENDED 31 MARCH 2018
HMP Bedford
We have had a visible presence in Bedford Prison for over 30 years; we also facilitate a monthly Worship Service.
N~orthom too
As well as the normal weekly activities, a weekly 'Feed the Needy' project is also being run &om this location which catersfor a number of single parent families, the elderly and infirm within the congregation and community.
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 Miracle Church of God in Christ, St Elizabeth, JamaicaThe Lucea Methodist Church (Back to School Project) Lucea, JamaicaLove World Ministry, Spanish Town, JamaicaSanctuary Children's Orphanage, JamaicaSt Dominic's Children's Home, Trinidad
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 &om 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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THE MIRACLE CHURCH OF GOD IN CHRIST
TRUSTEES' REPORT
YEAR ENDED 31 MARCH 2018
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 the
people within each congregation who are skilled in specific areas and get them working together across the churches at home
and 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 include
children and Youth, elderly and infirm, single mothers, those suffering &om the effects of physical, mental and emotional
al eve&~.
Our aim is also to do more 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: 9~ October 2018
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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 2018 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) ofThe Charities Act 2011 (The Charities Act) and that an Independent Examination
is 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 f'rom the Trusteesconcerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and
consequently no opinion is given as to whether the Accounts present a "true and fair" view and the report is limited to those
matters 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.
Darri gton 8r, Co LimitedChartered Certified Accountants71 High StreetGt BarfordBEDFORDMK44 3LF
Dated: 9'" October 2018
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THE MIRACLE CHURCH OF GOD IN CHRIST
STATEMENT OF FINANCIAL ACTIVITIESFOR THE YEAR ENDED 31 MARCH 2018
NotesUnrestricted
FundsRestricted
FundsTotal2018
Total2017
Incomin resources from enerated funds
Donations and legacies
Rental, investment and other income
101,152
71)462
101,152
71)462
116,323
79,870
Incoming resources from charitable activities 4
Total incoming resources
172,6144,433
177,047
172,6144,433
177,047
196,1934,929
201,122
Resources ex ended
Charitable activitiesChurch activitiesProvision of social housing
Total charitable expenditure
Governance costs
136,48234,033
170,515
6,360
136,48234,033
170,515
6,360
133,78331,123
164,906
8,400
Total resources expended 176,875 176,875 173,306
Net surplus for the year/Net movement in funds 172 172 27,816
Property revaluations 328,190 328,190
Fund balances at 1 April 2017
328,362
2,763,846 202,916
328,362 27,816
2,966,762 2,938,946
Fund balances at 31 March 2018 3,092,208 202,916 3,295,124 2,966,762
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THE MIRACLE CHURCH OF GOD IN CHRIST
BALANCE SHEETAS AT 31 MARCH 2018
Notes 2018 2017
Fixed assetsTangible assets 3,236,889 2,908,978
Current assetsDebtorsInvestments
Cash at Bank and in Hand
12 30,40913 31,019
12)917
39,0566,806
47,737
74,345 93,599
Creditors: amounts falling due withinOne year 14 16,110 35,815
Net current assets
Net assets
58,235
3,295,124
57,784
2,966,762
Income fundsRestricted fundsUnrestricted fundsRevaluation reserve
151616
202,916946,921
2,145,287
202,916946,749
1,817,097
3,295,124 2,966,762
Approved by the Trustees on 9'" October 2018
Pastor F Vaughan
ChairmanMrs S Grant
. Trustee
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THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2018
Accounting Policies
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 Reporting
Standard for Smaller Entities published in 2014 and The Charities Act 2011 and applicable regulations.
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 is
grossed up for the tax recoverable. Any amounts of tax not yet reclaimed &om H M Revenue & Customs is shown
within the Charity's debtors.
Interest and rental income are taken into account when receivable.
Resources expended
Expenditure is taken into account when incurred by the Charity regardless of when payment is made and is allocated
to the appropriate heading in the Accounts. Grants and donations payable are taken into account at the earlier of when
they are paid or become constructive obligations of the Charity.
Tangible fixed assets and depreciation
Tangible fixed assets other than &eehold property are stated at cost or valuation less depreciation. Depreciation is
provided 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 & equipment
Motor vehiclesComputer equipment
10% - 25% on cost25% on reducing balance33,33% on cost
Freehold properties at 43 Alexandra Road, 8 Conduit Road, 13 Conduit Road and 1 Alexandra Road were re-valued
by Smartmove Estates & Lettings Limited and James Kendall Estate Agents in September 2018. These revaluations
have been incorporated into these financial statements. No depreciation is provided on &eehold property.
Investments
Current asset investments are stated at market value.
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.
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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THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2018
2. Donations and legacies2018 2017
Donations and gifts 101,152 116,323
3. Rental and investment income2018 2017
Rental incomeInterest received
71,43032
79,82644
71,462 79,870
4. Incoming resources from charitable activities2018 2017
Church activities 4,433 4,929
5. Total resources expended
Othercosts
Grant~Fundin
Total2018
Total2017
Charitable activitiesChurch activitiesActivities undertaken directlyDonations, grants and giftsSupport costs
52,71121,03362,738
52,71121,03362,738
49,32828,27356, 182
Total 136,482 136,482 133,783
Provision of social housin
Activities undertaken directly
Governance costs
34,033
170,515
6,360
34,033
170,515
6,360
31,123
164,906
8,400
176,875 176,875 173,306
Governance costs includes payments to the accounting practice of the independent examiner of 66,360 (2017:E8,400)for independent examination fees.
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THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2018
6. Activities undertaken directly2018 2017
Other costs relating to church activities comprise:-Pastoral fees and expensesRent, rates and water
Light and heatPraise in the Park
Cleaning and flowers
Motor expensesSunday school and youth workWomens DepartmentCatering and ref'reshments
Music25 Years CelebrationConvention expensesVisiting speakersIcare costs
13,500585
7,07813,151
1)831
8,3122,143
2103,1761,025
435
1,265
20,000753
5,609
2)249
9,858744
952,709
926
3,2192,918
248
52,711 49,328
Other costs relating to provision of social housing comprise:-Light and heatRepairsInsuranceCouncil taxWater and sewerageCleaning
Energy Performance CertificatesHMO Licence FeesLetting fees
1,78421,5383,228
358322
2606,543
1,92016,813
3,121446518185182
7,938
34,033 31,123
7. Donations, grants and gifts payable2018 2017
Donations to institutionsGrant to Aylesbury branchGifts to individuals
7,019
14,014
3,27213,00112,000
21,033 28,273
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THK MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THK ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2018
Support costs 2018 2017
Administrative expensesRepairsStaff costsDepreciation and profit on sale of vehicle
17,4669,548
35,724(-)
20,5617,096
28,630(105)
62,738 56,182
9. Trustees
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.l3,500 (2017: 620,000)Stephanie Grant 67,044 (2017; 67,044)
In addition to the above, Francis Vaughan had the use of a car belonging to the church which originally cost 29,750.
10. EmployeesNumber of employeesThe average monthly number of employees during the year was:-
2018Number
2017Number
Administration
There were no employees whose annual emoluments were f60,000 or more.
11. Tangible fixed Assets
Cost or valuationAt 1 April 2017RevaluationAdditionsDisposals
Land and~bnildtn e
2,891,082328, 190
(-)
Fixtures,fittings &
~eui ment
52,623
4,761(-)
Motorvehicles
15,450
Total
2,959,155328, 190
(-)
At 31 March 2018 3,219,272 57,384 15,450 3,292,106
DepreciationAt 1 April 2017Charge for the yearEliminated on disposal
At 31 March 2018
44, 1962,477
(-)
46,673
5,9812,563
(-)
8,544
50,1775,040
(-)
55,217
Net book valueAt 31 March 2018 3,219,272 10,711 6,906 3,236,889
At 31 March 2017 2,891,082 8,427 9,469 2,908,978
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THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2018
12. Debtors2018 2017
Income Tax RecoverableOther DebtorsPrepayments and Accrued Income
14,89612,9112,602
17,32917,7303,997
30,409 39,056
13. Current asset investments
These comprise short term deposits.
14. Creditors: amounts falling due within one year2018 2017
Property LoansOther LoansAccruals
7,200
8,910
25,0002,2008,615
16,110 35,815
15. Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations
and grants held on trust for the specific purpose of meeting the costs of acquisition of land and buildings and other
capital expenditure:-
Movement in fundsBalance at Incoming Resources Balance at
~1A ril 2017 Resources ~Ex ended 31 March 2018
Building and capital expenditure fund 202,916
202,916
202,916
202,916
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THE MIRACLE CHURCH OF GOD IN CHRIST
NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 MARCH 2018
16. Analysis of net assets between fundsUnrestricted
fundsRestricted
funds Total
Fund balances at 31 March 2018 are represented by:-
Tangible fixed assetsCurrent assetsCreditors: amounts falling due within one year
3,034)97573,343(16,110)
201)9141,002
3)236)88974,345(16,110)
3,092,208 202,916 3,295,124
Unrestrictedfunds
Restrictedfunds Total
Unrealised gains included above:On tangible fixed assets 2, 145,287
2, 145,287
2,145,287
2,145,287
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Recommended