Charity number: 1054531 BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL UNAUDrrED ACCOUNTS FOR THE YEAR ENDED 3111212024 Prepared By: AL Accountants 11 Dudley Strt Coventry CV6 7EE
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 3111212024 TRUSTEES Bishop Frimpong-manson Euni Frimpong Emmanuel Boadi Samuel Frimpong Agela Eugenie Reld REGISTERED OFFICE Unit 16 1A Willian Road Tottenharn London N17 6NG CHARITY NUMBER 1054531 ACCOUNTANTS AL Accountants 11 Dudley Street Coventry CV6 7EE page 1
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL ACCOUNTS FOR THE YEAR ENDED 3111212024 CONTENTS Page Report of the Trustees Independent Examinerfs Statement Accountant's Report Statement of Financial Activities Balan Sheet Notes to the Accounts 10t013 Detailed Statement of Financial Activities 12 page 2
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL FOR THE YEAR ENDED 3111212024 TRUSTEES. REPORT TRUSTEE ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 The Board of Trustees. who are the trustees for charity law purposes, submtt their annual report and the financial statements of Bom Again Evangelistic Ministries Intemational for the year ended 31 December 2024. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's goveming document and the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities {revised 2005),. STRUCTURE GOVERNANCE AND MANAGEMENT Goveming document: Bom Again Evangelistic Ministries Intemational is an unincorporated charitable organisation formed on 7 March 1996 and registered as a charity on 11 April 1996. The charity is govemed by a Tmst Deed. Recruitment and appointment of trustees: The members of the General Trustee Board are trustees for the purposes of chartty law. New trustees may be appointed by resolution of a meeting of the trustees. Much of the charity's work focuses upon the promotion of the Christian religion and the running and Maintenan of its places of worship. The General Trustee Board seeks to ensure that the needs of this group are appropriately reflected through the diversity of the twstee body. To enhance the potential pool of trustees. the charity has. through selective advertising and networking with voluntsry organizations active in the sector. sought to identify those who would be willing to become members of the charity and use their own experience to assist the charity. PRINCIPAL ACTIVITIES The principal activity of the charty in the year under VIeW was . Objectives and activities: To advance Christian Evangelism in London and throughoLrt England for the benefft of the public. mainly but not exdusively through the holding of prayor mggtings. cal@br2tion of ligIouS festivals. raligious odu¢ation. enlightening others about the Chriskn'an faith and to provide holding of prayer meetings, celebration of religious festivals, religious education, enlightening others about the Christian faith page 3
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL FOR THE YEAR ENDED 3111212024 TRUSTEES. REPORT FINANCIAL REVIEW The largest contribution to the charity for the year me from general offerings. The charity has begun its charitable activities from April 1996. The Charity currently aims to designate the total fvnd reiVed less expenses for the main objective of the charity. Plans for future periods: The Charity plans to hold various religious events and will be aiming to achieve its targets through securing donations from willing individuals The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. STATEMENT OF TRUSTEES RESPONSIBILITIES The Board of Trustees are responsible for pParing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charty law applicable to charities in Englandlwales requires the Board of Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that peri(xl. In preparing those financial statements the Board of Twstees have: Selected suitable accounting policies and applied them consistently, Made judgments and estimates that are reasonable and prudent, . Stated whether applicable accounting stsndards have been followed. subject to any material departures disclosed and explained in the financial statements. and page 4
BORN AGAIII EVANGEUSTIC IIINISTRIES INTERNATIONAL • Prepargd the Ilnandal statements on a golng concem basis (unless It is inappropriat8 to PresuW that the Charity wtll continue in operation). Tha Board of Tn¢ste8s h88 overall rBSPjFTrb1Ity for ensuring that thè Charity has an approprtate system of controls. financral and otherwise. They are alw responsible for keeping properac£))uMing recdS which dlsdose re8s0nable accuracy at any time the financial posibon of the Charity and enable them to ensure that th8 fiTranu statements ¢J)mpty wth the Charitres Act 1993. They are also responsible for safeguarding the assets ol the Charity 8T hen fortakiry Tea8onable steps forthe detecbon 8nd Ixevention of fraud and other irfegukTitte5. Signed on behatf of the Tnjsteas Sa
BORN AGAIN EVANGEUSTIC MINISTRIES INTERNATIONAL INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDED 3111212024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL I report on the accounts of the company for the year ended 3111212024 . RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144{2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of . Having satisfied myself that the charity is not subject to an audit under company 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 Chaiity Commission under section 145(5)(b) of the 2011 Act. and - state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINERS STATEMENT My examination was carried out in accordance with 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 conceming 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 Irue and fair Vie and the report is limtted to those matters set out in Ihe ststement below. page 6
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDED 3111212024 INDEPENDENT EXAMINERS STATEMENT In connection with my examination. no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 386 of the Companies Act 2006. and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a proper understsnding of the accounts to be reached Date: AL Accountsnts 11 Dudley Street Coventry CV6 7EE page 7
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL Statement of Financial Activitles for the year ended 3111212024 2024 2023 Unrestr Restrlc Total Total iGted ted funds funds Income Income from generated funds Voluntary Income Harvest Total Income and endowments Expensos Costs of generating funds Expenditure on Charitable activities Totsl Exponsos Net gains on investments Net Income 19.120 11,890 31,010 19,120 14,574 11,890 31,010 14.574 24,161 24,161 24,161 9,963 24,161 9,963 6,849 6.849 4,611 Galnsl(losses) on revaluation of fixed assests Net movemént in funds: Net income for the year Total funds brought forward Net funds carried forward 6.849 5,220 12,069 6,849 4,611 5.220 2,233 12,069 6,844 This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from conb'nuing activib'es page 8
BORN AGAIN EVANGEUSTIC AIIN18Tr1E8 INTERNATIONAL BALANCE SHEET AT 31112r2024 2024 2023 CURRENT AS8Ers Cash at bank arxl in hand 569 12.S69 500 CREDrroRS: Amounts falllng due wlthin one year NEf CURRENT ASSETS TOTAL ASSEfs LESS CURRENT UABILMES Accumulated Funds Unrestrlcted funds G8nerdl fvnd 500 12,069 12,069 12.069 12,069 For the year ending 3111212024 the wa8 8ntitlgJ to und8r s8Ction 477 of the Companies Act 2006 relating to small o)mpanies. The members have requFred the wmparyfo aaIn an audii in a0))rdan with section 476 of the Companies Act 2006. The directors a¢knowledge their resp*bIlItieS for Ing whh requirements oFth8 Act with respect to accounting records and the preparation of accounts. These accounts have been prepared In aC%a)rdan with lh8 prOvn5 al¢able to comp8nie8 subject to the small mpanIeS regime. Approved by the board of trustses on 21101r2026 and sign•d on thr bghalf by Emmanuel Boadi TNste8
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3111212024 1. ACCOUNTING POLICIES la. Basis Of Accounting The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practi, Accounting and Reporting by Charities. 1b. Incoming Resources All incoming resources are included on the Statement of FinancFal Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. 1 c. Resources Expended Expenditure is accounted for on an accruals basis and has been classffied under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 1 d. Allocatlon And Apportionment Of Costs All costs relate to the single activity of the charrtable company and are recognised accordingly. le. Fund Accounting Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for parttcular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. page 10
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL 2. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Independent Examiner 500 500 500 500 3. UNRESTRICTED FUNDS Brough Incom1nOutgcmnSfers Carried t forwar g r•sou g resou forward rGes General fund 5,220 31,010 (24.161 5,220 31.010 24,161 12,069 12.069 4. RESTRICTED FUNDS Brough Incomlnoutgdrnnsfers Carried t forwar g resou g resou forward rces rces page11
BORN AGAIN EVANGEUSTIC MINISTRIES INTERNATIONAL Incoming Resources for the year ended 3111212024 2024 2023 Incoming resources Incoming resources from generated funds Voluntary Income Tithes Offertories Thanks givivg Seed sowing Sundry Income 10,045 5,650 2.460 965 5.149 2,555 1,900 545 4.425 19.120 14,574 19,120 14.574 Activities for generatlng Funds Harvest 11.890 11.890 11,890 31,010 14,574 page 12
BORN AGAIN EVANGELISTIC MINISTRIES INTERNATIONAL Expenses for the year ended 3111212024 2024 2023 Expenses Costs of generating funds Charitable Actlvlties Gas and Electricity Rent Travel Printing and stationery Hospitality Telephone Members Welfare donation Youth Expenses Independent Examiner Training and workshop Zoom and broadband Bank charges Summer beach trip Chrtstmas gifts 1.800 1,440 3,360 500 2.257 1,200 8,074 1,050 500 1,010 675 195 1,200 900 24.161 1,260 1.200 1.605 285 905 882 1.820 500 500 550 335 121 9,963 24,161 9,963 page 13