REGISTERED CHARITY NUMBER: 1051722 GILBERT DEYA MINISTRIES REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
GILBERT DEYA MINISTRIES REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31ST DECEMBER 2023
Gilbert deya Ministries Content of the Financial Statements For the year ended 31st December 2023 Page Legal and Administrative Information Report of the Tiustees Au(litor's Report Statement of Financial activities Statement of Financial Position Notes to the accounts 9-13 Detailed Statement of Financial Activities 14
Gilbert Deya Ministties Legal and Administrative Information Board of Trustees: Vera Imaihi2gbe Ms Hannah Ogunjillrni Icaten Oyanda Registered Charity Number 1051722 Registered Office: IA Throwley Way Sutton Surrey SMI 4AF Auditors A D Willtams & Co Accountants Chartered Accountants & Statutory Auditors 102 Green Lane Morden SM4 6SS Page I
Gilbert Deya Ministries Repott of the Trustees Fot the Yeat Ended 31 Decembet 2023 Tlie trustees present theii repoit with the finaiicial statements of the chaiity for the year ended 31st December 2023. The twstees have adopted the ptOlTisions of the StSLtetnent of Recommended PIacUce (SORP) 'Accoiinting and Repotting by Charities, issued in Maiclj 2005. STRUCTURE, GOVERNANCE AND MANAGEMENT Govetning document The chaiityr is controlled by its govetntng document, a deed of trust, nd constitutes unincoorted cliarity. Tlie chaiity is constituted undet a trust deed dated 3rd January 1996 and is A registered charity number 1051722 Rectuitment and appointment of new trustees The legal responsibility for the election of new trustees to Gilbert Deya Ministries Board lies with the Annual Genetal Meeting (AGIVD. The Board recognises that it has only limited control ovet the election OE trustees at the AGM. It 15 accepted that Gllberl Deya Thlinistties members should be able to elect people to die boaid Evho they believe will best iepresent tlieir interests. Hoivever the existing board members also have # responsibiJAty to tLy to ensuie that the need5 of the org2nis2tion in terms of goveinance ate met by those people elected. The Boatd seek to do this by adopting 2 system of recommending Trn5tee appointments to tlie membetship using the steps detailed belolv. Ilie membersliip ivill then be able to choose to elect a recommended candidate or to appoittt another person to the board. Trustees can delegate some aspects of iecnjitment of Trustees to M2n2gement, but they must ensure that they tetain overall iesponsibility and conts'ol of the recLUitment, selecuon and induction ptocesse5. In recruiting new tmstees, the Lyisttng tnjstees and management 94Ct in the best interests of Gijbeit Deya Ministries and in accoidance witli the Charity Commission diL"ectives as laid out in CC30. Induction and training of new ttustees All tti]stees are expected to attend.. Volunteei induction training Tiustee induction session Any otliei update ts'aining of ielevance to boaid membeis As part of the induction process all trustees teceive copies of the follolving: Outline of curient boaLds skills and L%peLLence A copy OF tlie pievious yeai's annual iepoit and financial ieport A copy of tlie meinoLandum and arttcles of association @oveining document) . A copy of tlie pievious boaLd Lneeting minutes (once xgieeinent foi appointinent has been made by the Trustees Chaiity Conimission CC3 - The essential trustee.. Wliat you need to know Cliaiity Comniission CC60 - The Hall maiks of an Effective Cliarity Copies OE tlie trustee handbook witli 2ll cuirent up to date policies PAge 2
Gilbert Deya Ministties Report of the Trustees Fot the Year Ended 31 Decembei 2023 Training Conttnuous ts'aining is piovlded to trustees, pastois, staff and volunteeis in various piofessional fields. Training is provided in the following ate2s: Pastoral senTices, Youth Ieadeiship, Eldeiship, Women leadeiship, Deliverance ministLy and EvangeEism Review of Ttustee's Performance Each tL'UStee will meet with the ChaiL on a oiie to one basis at least annually. This will be an oppoitunity for the Chaix to give encouragement, support and feedback on perfoimance. It is also an oppoitunity Eot each trustee to give feedback about the piocess and practice of being a trustee. Any issues of poor performance oi misconduct to be addiessed outside of this piocess and in a timely mannei. Risk management The Tiustees have conducted a revieiv of the majoi iisks ivhich the Chaiity is exposed, in paiticulai tliose relatitig to opeiations and fmances of the Chaiity. The Tiustees ieview the iislcs iegularly at their meetings and ale satisfied that systems are in place to mttigate the Chatity's exposure to majot iisks. Appropiiate Disclosute and Bating Service (DBS) checks, supported by ielevant trainings and iegulatly-teviewed policies ale made foi all voluntary workeis and membeis who woik with childien oi othei )erable groups with the Charity. Wlieie appropiiate, systems have been established to mitigate the rislcs the Chaiity faces. Significant extemal iisks to funding hive led to the development of a stt'ategic plan which will allow for the diveisification of funding and activities. Interiial control iisks ale milliSed by the implementation of procedures foi authorisation of all tLansactions. Objectives and Aims To seek the advancement OE the Ckn"istian iehgioii in accoidance with the teachings of the wold of God accotding to tlie bible and to educate people in the wold of God. To teacli the knowledge of Jesus ChLiSt all over our aiea of opetation and beyond. In addition, to help in the telief of povetty in oui areas of operation and beyond.. ditectly to our in]mediate members, tlieit fan]ilies, members OF the local, national and international community as occasion would demand in cash 2nd iti l(ind. Each yeai out ttustees review our objectives and activities to ensuLe they continue to ieflect our aims and objectives. In caii)iing out this ieview, the tsustees have consideied public benefit application as below. Public beneflt The tLUStees have consideied the guidance produced by the Chatity Comtnission on the provision of public benefit and they confiim that public benefit has been piovided by •ll3ioviding sacred space foi personal piayei ind conteJnpl2tion .ttonductkng pastoial woik including visiting tlie Sick 211d the beieaved .ttreachtng Christianity tliLough seLmons, couises and small groups .&l]pporting munbers on low income on ients, school fees And meals etc. Pa8e 3
Gilberi Deya Ministries Report ofthe Trustees FOT the Year Ended 31 December 2023 Volunteers The charity continue to use the services of volunteeis thiough the Leporting year to the seivices of God and Mankind ACHIEVEMENT AND PERFORMANCE Charitable activities Bible Study: We held meetings it our worship centre that involve bible Sdy, deliverance service, and prayer sessions for membeis and othei people in the community in and around our operational environment and beyond tlirough TV ministry Ministration 2nd Community Outreach: We continue to oEEer ministration and outreach services to many people in the community Free by our pastors and ministers. We continued to see the positive impact on our tninistr2tion activities in the lives OF the members of our community, marriages ale being saved and restored, and hope is given back to many who have lost hope. people ale being help thtougli very difficult flliancial crisis. membeis of families are being reunited and the spirittlal lives of many people have been boosted through their attendance at our meetings and special gatherings. life-changing and soul- bfting messages are being shared Nvith spirit- lifting worshtp sessions. TV Ministry: The charity broidcast it seivices through television station which is aired out through different television stations in different countties. Fundraising activities The church raises funds through it members by the giving OF tithes and offerings as donations to the services of the ministty. Page 4
Gilbert Deya Mitiistries Report of the Ttustees For the Year Ended 31 December 2023 FINANCIAL REVIEW Reserves It is the objective of the charity to ensuie tests'icted funds ale kept At a level wl]ich provides sufficient Funds to covet management, administs'ation and suppoit costs on an ongoing basis. Based on the cliarity's size, tlie coiitext of Ell1e plans, the level of out Financial coiiiinitsneiits 2nd contractual obligAtions held, It's out poltcy to maintain restrtcted reserves OF not less th2n equivalent of three months recurrent expenditure. GOING CONCERN Aftei making enquiiies, the Trustees h%ve a reasonablt expectation thRt the Charity has adequate iesources to continue its objecuves and activities fot the public beneFit For the foresee2ble Euttjre. Accordingly, they continue to xdopt the going coiicetn basis in ptepaiing tlie annual tepoit 2nd financial statements. Fuidier details ieg21ding the adopuon OE the going concan bisss ale in note I 'Accounting Policies, in thc fin2ncial statements. STATEMENT OFTRUSTEES RESPONSIBILITIES The trnstees are responsible for preparing the Report of the Tiustees and the Financial statement5 in Slccordaiice Nvith applicable law 2nd United I<ingdom Accounting Stat]dards (United I(ingdom Geneially Accepted Accounting Practice . The law applicable to charities in England 2nd Ivales, the Charitie5 Act 2011, ChaLity' (Accounts and Reports) Re11tionS 2008 and the piovisions of the trust deed requires the tmstees to prepaie financial statements for eacli FanCIal ye2r ivliich give a ttue and Fait view of the state of affairs of the charityT and of the incoming iesources and application of te50urce5, including the income and eXpendire, of the charity For that period. In prepating those fmancial statements, the trustees re required to EElect suitable accounting policies 2nd then apply tliem consistendy" -BbseLI'e the inethods and principles in tlie Cliaiity SORP. -&fiake judgements and estimates that ale ieisoiiable and pldent. -fv-epaie tlie fanCIal statements on tlie going coticeLm basis unless it is inappiopiiate to presume that tlie charity iv continue in business. The tnistees are iesponsible for keeping ptopei Accounting records ivhicli disclose with reasonable accutacy at any time the Financial Position OE the charlty 2nd to enable them to etisure that die financial statements comply with the Chaiities Act 2011, the CliaiLty (Accounts and Repotts) Regulations 2008 and die provisions of the tL$t deed. They are also responsible Fot sAfeguaiding the assets of the cliatlty and Iience foL taking ieAson2ble steps for the pievention and detection OF fiaud and othei itregularities. The trustees ate iesponsible foi the maintenance and integiity of the chAiity and financial information included on the chaiity's website. Approved by ordet of the board of trustees on ............. ............................... and signed on its behalf by: Chait, Trnstees l)agc 5
Gilbert Deya Ministties Auditots Repott to the Ttustees Fot the Year ended 31 December 2023 We have audited rhe 6nanci31 st2tements of Gilbert Deya Nlintstries for the year ended 31st December 2023 ivhich comprise the Ststen]ent OF Financial Activiue5, tht B212nce Sheet and the related notes. The finAncial reporung Erafneivork that hAs been %ppLied in their prepacxtion is apphcabl¢ IAW and the Financial Reporung standard Eor Sn]aller Entities (elfective January 2015) (United Kingdom GeAerAlly Accepted Accounting Practice applicable to smaller Entities). This report is made solely to th¢ charit)T s trL]Stees. AS a body, in accordgnce ivith Scction 144 01 the Charities Act 2011 and regulgtions rnAde under section 154 of that Act. Our audit ivotk has been undert2ket] so that ive n]ight State to the chariry's trustees thos¢ matters ive are required to state to them in auditors, report and for no other purpose. To the fullest extent permitted by law, w¢ do Aot accept or assume rcsponsibiltty to anyone other than the charity and the ChIty'S ttustees AS A body. for our audit ivork. for this report, or lor the opinions ive hgve Eortned. Respective responsibilities of triistees and auditors As cxpl&ined more fi]lly in the Statement oETrustC¢5 Responssbiti"ties, the trustees are responsible for th¢ prepAration OE the financial statements ivkn.ch give a tlue And fair vieiv. We have been appointed as auditors under Section 144 of thc Ch2fitses Act 2011 and iepott in Accordance ivirh regulations rnade under Section 154 of that Act. Our responsibiltty is to Audit and express an opinion on the financi21 staiements in accordAACe Ivlth appltcable IAIV And International Srandards on Audititjg (UK And Ireland)- Those standards require us to Comply Rvith the Auditing Practices BoALd's Ethical Standards for Auditors. Scope of the audit of the fmancial staiements An audit involves obt9ining evidence about the 2mounts And disclosures in thc financi21 statefflents SL]Eficient to give reasonable assurance that tlie finAncial starements are fr¢¢ from fflAterixl misstatemenr, wh¢thtt c2used by Fraud or error. This includes an assessment of.. Ivhether the accounting poLicies are appropriate to the chkriry's circumstances 2nd hxve been consistendy *pplied and adequately disclosed- the reasonabltnes5 Of sigAificAnt Accounung esumates rnade by the tmstees. and the over9Jl presentation of the finaAeial statements. In Addition. Ive read all the financial and non-financial informatiOII in the Report of the Trustees to id¢AtifjT £n2terial inconsistencies ivith rhe authted Financial statements and to identify any ÈnlormatiOA that is appar¢nd}T rnatcriall}T incorrect based on, or materially inconsistent I1th, the knoivledge acquired by us in the course of performing the audkt. If ive become aware of 2ny Apparent material misstatement5 Qr inconsistencies we consider the implications Eor our report. Opinion on financAal statements In our opinion the finallcig15tatements: -@ve a true and f2ii vieiv of the state of tlie charAry'S affairs as at 31 December 2023 and of its incomiiig resources and applic2ti0n of resources for the yexr then ended. -fjave becn pioperly piepared in accotdgnce ivitli United l<ingdonTr Generally Accepted Accounting Practice applicable to Smallci Entstics,. SLAd -'B2ve been piepared in accordance witli tlie requirements of die ClIAiities Act 2011. Matters 00 whieh ive ate requxred to report by exception Ve have nothing to teport in respect of the Etslloiving matrers ivhere the Ch8fLties Act 2011 requires us to report to you if. in our opit]ion'. -Ehe inforxn2tion given in thc RepoLt OE the Trnstees is inconsistent in mateii21 £especr ivitli tlie financial stat¢metits ' or Eficient accounting records liave not been kept. oi -Ehe financial stgtements are not in agieen)ent ivitli the accounting iecords and returns,. or ve have not received all the inEorn)atioA 2nd exp12nations ive rcquirc foi our gudit. Date..
Gilbert Deya Ministries Report of the interim managers as an addendum to the Report of the Trustees for the year ended 31 December 2023 Aims and Objectives Gilbert Deya Ministries ("GDM" the "Charity" or the"Church") is a registered charity with objectives to seek the advancement of the Christian religion and to provide assistance for persons in condition of need, hardship or distress. It was founded in 1995 by Gilbert Deya, and hosts congregations from premises in Sutton, London, and previously also in Manchester. statutory inquiry In July 2016, the Charity Commission ("CC") initiated an inquiry into the Charity to address concerns regarding the charity's policies and practices. In December 2020, the Church's premises in Manchester were sold for £450k, with Trustees, authorisation, but without apparently following best practice procedures. After making certain payments from the proceed5, the CC blocked the use of the remaining net proceeds of £404k to allow for further enquiries to be made. In March 2021, the CC appointed FRP as Interim Managers to review and assess the Charity's current financial and asset position and to make recommendations on the Charity's viability and solvency. In July 2021, the CC extended the Interim Managers scope to consider implementing new governance. This was to be achieved by either electing a new board of Trustees, a mergerlcollaboration with another Charity or the transfer of operations to a new charity that meets the Commissions requirements. Failing which, to examine the potential wind down of the Charity and distribution of its funds and/or property per the Charity's Articles. The main purpose of the Interim Managers, appointment is to: consider the viability of merger or collaboration opportunities for the Charity or the transfer of operations to a new charity that meets the Commissions requirements. examine the potential wind down of the Charity and distribution of its funds or property per the Charity's Articles, if collaboration opportunities are not feasible. implement and monitor controls for the effective management of funds (including collections, costs deducted at source, new costs entered into, confirming validity of direct debits) during the period of investigation (expected to be no more than thirteen weeks). control the use of bank accounts or set up new accounts and PDQ facilities. and make recommendations for next steps. The Interim Managers are appointed with all the powers and duties of trustees and att to the exclusion of the current trustees (in respect of the charity's administration and control of the charity's finances) whilst continuing to enable the trustees to continue to hold religious seNices and conduct solely religious activities and manage the collection of donations.
The Charity's trustees are all members of the Church and are clearly passionate and committed to their objectives. However, in the face of strong opinions from trustees with loyalties split beteen the Founder and his son, the board of trustees is dysfunctional and unable to reach agreement on even straightfomard matters. This is made worse by the lack of trustees who are independent of the Church or hold professional qualifications. Accounts Whilst the Interim Managers were in office for the entirety of this accounting period, we are unable to verify the accuracy or completeness of the accounts for the year ended 31 December 2023, as some of the accounting safeguards that we introduced around the collection of cash have not been adhered to by the congregation. Furthermore, there is some suspicion that donations may have been diverted. The Interim Managers, investigations are ongoing and as such, the Interim Managers can only sign these accounts based on the information that has been provided to them and are unable to validate such information contained within the accounts. It is currently not known how long the Interim Managers, appointment is anticipated to last and what the outcome of their investigations are likely to be, or what effect these will have on the Charity's future activities or viability. Small company provisions This report has been prepared in accordan with the provisions applicable to companies entitled to the small companies, exemption. On behalf of the board Geoffrey Carton-Kelly Interim Manager
Gilbert Deya Ministries Statement of Financial Activities For the Year Ended 31 December 2023 Unrestricted Funds Restricted Funds Total Funds 2023 Total Funds 2022 Notes INCOMING RESOURCES Incoming Resoutces from generated funds Donations Other Income Other incoming resources 83,416 83,416 102,918 186 186 39 Total Incoming Resources 83,602 83,602 102,957 RESOURCES EXPENDED Resources expended on Charitable Activities: Chatitable activities costs 44,924 H,924 46,834 Cost of generating voluntary income 6,672 6,672 21,950 Resoutces Expended 51,596 51,596 68,784 Othet Resources Expended Govein2nce costs 55,058 55,058 162,275 Othei support costs 17,236 17,236 41,208 72,294 72,294 203,483 Total Resources Expended 123,890 123,890 272,267 Net incoming tesoutces for the year (40,288) (40,288) (169,310) RECONCILIATION OF FUNDS Net movement itt funds (40,288) (40,288) {169,310) (40,288) (40,288) (169,310) Fund balance5 biought forwaid Piior yeai adjustnients Fund balances cartied forward 1,586,328 P73,909) 1,272,131 1,586,328 1273,9091 1,272,131 1.755,638 1,586,328
Gilbert Deya Ministries Balance Sheet At 31 December 2023 Unrestticted Restricted Total Total Funds Funds Funds Funds Notes 2023 2022 Fixed Assets Tangible Eed assets 1,280,000 1,280,000 1.480,000 1,280.000 1,280,000 1,480,000 Current Assets Debtors Cash at bank and in hand 12 124,538 16,051 124.538 124,538 376,642 16,051 140,589 140.589 501,180 Creditots: Atnounts falling due within one year 13 187,4091 (87,409) (333,8011 Net Cuttent Assets 53,180 53,180 167,379 Creditors: Amounts falling due aftet more than one yeat 132 (61.049) 161,049) (61,0491 Net Assets lJ33,180 l272,131 1,586,328 Funds Unrestrlcted Funds Restslcted Fund5 14 1,272.131 1586,328 1,272,131 1,586,328 The financial statemeLIts weie aPPiOiTed by die Boaid OE Tiustees on . behalf 2nd weie signed on its Chaii of Board OF Trnstees Psge B
Gilbert Deya Ministties Notes to the Financial Statements For the Year Ended 31 December 2023 l Accounting l)olicies Accounting Convention The accounts have been prepared in accordance ivith all apph"cable accouniing standaids, die Statement of Recomrnended Pr2ctise (SORP), "Accounting Axid Repoiting by ClIlties, ieiTised 2015, except Eor the Iternative headings that have bcen used in the Statement of Financial Activities, A5 tlie Trustee5 feel that the tevised l)eadings make tlie accounts easier to read for a non-fmarAcial audience. Tlie principal accounting p0cleS adopted in the piepiration of the 2ccoiints are set out below. The charity constitutes a public benefit entityT as deFthed by FRSI 02. Exemption from preparing a cash flow statement Exemption has been taken From preparing a cash flow statement on the grounds tl)at the chaxit2ble company qualifies as a Small charitable company. Incoming Resources All incoming resources ate includcd on the Statement OF Financial Activities ivlien the cliarit)T is legally entided to the income and the 2mount can be quantified with reasonable accuracy. Gtattts and Donations Income from grants 2nd donations 15 included in incon]ing re50uices when these are receivible. Resources Expended Expendittire is accounted for on an Accruals b2sis and has been classified under headings that aggiegate all cost rdated to the category. There costs caiinot bc dirccdy attrlbuted to particular headings they h2ve been allocated to activities on a basis consistent Mtli the use of reS0CeS. Cost of generating ndS Cost of geneiating fjunds are those costs relating to the generation of Income ind includes cost related to the management OE the diaiities activitics. Allocation and appottionment ot costs Suppoit cost are those cost related to shared activitie5 of the organisition and are appoitioned on basis considered appropriate to tlie underlying iCtiv£ties. Governance costs GoiTeinance costs are the costs issociated widi dic stiategic direction of tlie charity And witli meeting regulators, Icsponsibilitics. Fiind accounting UnrcstrLCted funds can be used in accordance ivitl) tlie cliaritable objecuires at the discietion OF tlie trustee. Restricted funds can only be used for particular rcstricted purposes Wid7 tlie objects of tlie cliarity Restrictsons arise when specified by die donor or ivhen Eunds ate raised for particular testrLCted puiposes. FAxed Assets and Depteciation Depreciation is provided at tlie folloiviiig aiinual rates in ordet to wiite off eacli a55et over its estimated useful life. Frcchold property Motor vehicle Plant And machinery 20/0 PA8C 9
Gilbert Deya Ministries Notes to the Financial Statements For the Year Ended 31 Decembet 2023 2 Voluntary Income 31.12.2023 31.12.2022 Tithes, Offerings and DonÉLtions Rent211ncome 81.906 1,500 89,375 Other income io 13,543 102,918 83,416 3 Other Incoming Resoutces 31,12.2023 31.12.2022 Bank Interest ieceived 186 39 186 39 Resoutces Expended 4 Charitable activities cost 31.12.2023 31.12.2022 Volunteer Expenses Travel and subsistence - Charitable Welfare, neralS and marrages PI daim settlement Chaiity donation Cleaning, decoration and security Motor Vehicle expenses 36,477 2.809 20.694 507 1,848 15,000 3,466 2.172 8,241 544 44,924 46,834 5 Cost of genetatittg voluntary income 31.J2.2023 31.12.2022 Rent and Rates Light and heat Building iepairs and maintenance Other direct costs 3,218 1,800 1,654 2,176 2,380 17,394 21,950 6,672 Governance costs 31.12.2023 31.12.2022 Accountancy fees Bank chaiges Credit card charges I£gal fees Other professional and legal costs 8,000 196 8,000 1,853 1,461 4,450 70,712 81,710 162,275 40,951 55,058 Page 10
Gilbert Deya MinistrAes Notes to the Financial Statements For the Year Ended 31 Decembet 2023 31.12.2023 31.12.2022 7 Othet support Costs Telephone 2nd interiiet Piinting postage and stationery Sundry expenses S21ary/AlloivAnce Equipment 2nd Euiniture expeases Environmental charges Insuraocc Uti]ities Sofhvare IAT Irrecoverable Conttibution to nnIng costs 1.92¢) 711 1.574 773 1.675 1,950 244 556 274 7,933 7,993 18,570 592 3,840 9.700 41,208 17.236 8 NET INCOMING/(OUTGOING) RESOURCES 31.12.2023 31.12.2022 Net resources are stated After chArging/(creditin Auditois, Reinuneration Depreciation - oivned assets Other Accountancy fees &wo 8,OtM) 9 TRUSTEES, REMUNERATION AND BENEFITS Theie ivere no trustees, remunerAtion or other benefits lor the yeat ended 31 Decembet 2023 nor for the year ended 31 Deceinber 2022. There ivete no trustees, expenses paid neither for the year ended 31 December 2023 nor foI the year ended 31 December 2022. 10 STAFF COSTS 31.12.2023 31.12.2022 W3ges and salaries Social secuiity costs 1,950 1,950 The avetage monthly number of employees during the year IVAS as folloivs.. 31.12.2023 31.12.2022 ManAgement and admirristration No employees rcceived emoluments in excess of £60.000. Page 11
Gilbett Deya Ministtie$ Note5 to the Finaiicial Statements For the Yeat Ended 31 Decembet 2023 11 Tan8tble Fixed Assets Alle55Ets rehtc to thE Chiiiry And Jre U5Ed foichRtitablc putposcs. IAnd & Buildings Tothl Cogr At 1st jartry ?JP.? lfflproverneftts Ad4ition$ 1.4W,tXIO 1,480,000 Rcvxluation (2ty).(XX At 31st Dccembcr 2rK23 1280,LU)O 1,280,000 DEpreeiatiOn Ai 151 J.Inuxfj' 2LTr?2 Chirge the yeAr Ai 3151 Dccetnbcr 20?3 Ner Baokvalut Arjlst DEcEbr 2023 128Q,OOD L,280,000 Ai 3151 DeCebE[ 2022 I.480 I.480,iD 31.12.2023 31.L2.2022 Debiors L*gAI cknim suspense OthEI dtbtDts- VAT recovernble 85.049 39,489 194,>38 85P49 39,489 1?4,518 12a TElewsion gnd Radio Irtvestment5 JI.12.2023 31.12.2022 ni'e51Jnents 31.12.2 31.12.2022 13 CreditDrS.' Amounis faibng due Iirythin one ye8r Acctuod c¥ptnses- Accountkncs. fee A¢¢nd eXPEn5cS- N. JLimArn 8efYices LTD Otherc(editTrts 1,570 53,839 53039 ftom M¢Mr$ Lwl clRimS wyable- short tcm? Pwty. 59k5 Prctttds account 24.0(K) 24,OLN) ?39,9ti7 333,801 87.409 13a Credifofs.. AmouJ)ts fathng due Mort than one year 31.12.2023 31.12.2022 Le1 c131tn5 PyAblc- Long tett 61049 61,n49 61,049 61,049
Gilbett Deya Ministries Notes to the Financial Statements For the Year Ended 31 December 2023 14 MOVEMENTS IN FUNDS At Ai 1st Jan 2023 Movements Prior ycar Adj. 31st Dec. in funds 2023 Uniestiicted Fund 1,586,328 (40,288) {273,909) 1,272,131 Restricted fi]nds 1,586,328 (40,288) (273,909) 1272,131 14 SUMMARY MOVEMENT IN FUNDS FOR THE YEAR Incoming Resources Movemeiit resource5 expended in fiiods Unrestricted Funds 83.602 (123,890) (40,288) Rests'icted ndS 83,602 123,890 (40,288) Page13
Gilbert Deya Ministries Notes to the financial statements For the Year ended 31 December 2023 31.12.23 31.12.22 INCOMING RESOURCES Titlics, Offcrings and Donations Other incoine Rental Income Bank Interest ieceived Total income resoiitces 81,906 io 89,375 13,543 1,500 186 39 83,602 102,957 RESOURCES EXPENDED Other Charitable activAties cost Voluntcer Expenses Travd and subsistcnce - Cliaritable Wdfare, funerals and marragcs PI claitn setdement Charity donation Cle2ning, decoration and security Motoi Vel)icle expenses 36,477 2,809 20,694 507 1,848 15,000 3,466 2,172 8,241 544 46,834 44,924 Cost of generating voluntary income Rent and Rates Light and Iieat Other direct costs Buil(ling repairs and maintenance 3,218 1,800 2.176 17,394 2,380 21,950 1,654 6,672 Governance costs Accountancy Fees Bank charges Ctedit card cliarges LegAI fee5 Otlier professional and leg21 costs 8,000 196 1.461 4,450 40.951 55,058 8,000 1,853 70.712 81.710 162,275 Suppott Costs Telephone and intcinet Printing postage and stationery Sundiy expenses Salary/allowAnce Equipment and furnire expense5 EnviLonmental chaIges InsuLace Utilities Softtvatc VAT Rccoverable - floating Contiibution to running costs 1.929 711 1,675 1.574 773 1,950 244 274 7,993 18,570 130 556 7,933 592 3,840 9,700 41,208 272,267 17,236 123,890 Total Resoiitces Expended Net Expenditute 40,288) (169,310 Page 14