CHARITY REGISTRATION NUMBER 1055629
Flaming Evangelical Ministries UK
Financial Statements For The Year Ended 30 September 2024
Raywin P-Cole & Co Ltd
Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road, West Norwood London SE27 0EE
Flaming Evangelical Ministries UK
Financial Statements For The Year Ended 30 September 2024
Contents
| Page | |
|---|---|
| Trustees Annual Report | 1 |
| Chartered Accountants' report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the accounts | 5 - 7 |
FLAMING EVANGELICAL MINISTRIES UK
Trustees Annual Report for the year ended 30th September 2024
OCTOBER 2023 – DECEMBER 2023
The church successfully carried out its usual calendar activities including specific programs done by separate groups within the church, all of which were viewed as successful.
The Joint NEW YEAR’S EVE SERVICE on-site at AKWAABA CENTER with the New Testament Assemblies of Deptford, as well as online on Zoom and other platforms, was held on 31st December 2023. As usual we get people from the neighbouring communities join in this service.
We continued our daily online Prayer and Wednesday Bible Studies engagements with our faith community, recognising the commitment and consistency shown by the people to these events.
JANUARY 2024 – MARCH 2024
The usual winter season of fasting and prayer was done by the church in January, from Tuesday 02nd January 2024 to Monday 22nd January 2024. This included a DAY RETREAT at the Akwaaba Centre for our members on Saturday 20th January 2024.
The Senior Pastor, Reverend Eugene Tenga, made various international mission trips this year to minister in Conferences, representing FEMUK.
APRIL 2024 – JUNE 2024
With a focus on the theme of KINGDOM HARVEST for the year, various strategies for Evangelism, Outreach and Membership retention were being implemented as we continued to steadfastly pray and labour for spiritual and numerical growth.
JULY 2024 – SEPTEMBER 2024
To foster fellowship and unity in the community, we organised and went on a Church Outing in July. We successfully held various meetings to mark our Annual Convention, including another successful WORSHIP EXPERIENCE gospel musical event featuring various Churches and local gospel Musicians.
We have seen a fall in engagement by the young people and continue to put strategies in place to reach and keep them in the community.
We are still building up the systems required for an effective online presence especially through Zoom Video Conferencing, and Live Streaming our Sunday Service and special Events.
Various vulnerable and elderly members of our community were helped in diverse ways at this time.
The year in review was one in which we continue to learn and to adapt to the changing dynamics of engaging our faith community, as well as ensuring that all were spiritually, morally and socially helped through these challenging times. The challenge of getting pre-covid weekly attendance averages continues. We are strengthened by faithful members and encouraged by new attendees who are becoming our members, as we create the environment that fosters total salvation in Jesus Christ.
We continue to thank God and continue to be faithful and hopeful in prayer and diligent action that this would turn around positively for us. The Trustees continue to focus on carrying out the duties that would bring our vision to fruition even as we are reaching out to forming relationships and networks with ministries in various nations of the earth. We thank God for His continuing grace to us and for our faithful and committed members.
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Flaming Evangelical Ministries UK
Independent Examiner's Report to the Trustees and Members
We report on the accounts of the Trust for the year ended 30 September 2024 which are set out on the annexed pages.
Respective Responsibilities of the Trustees and Examiner
The Trustees of the Charity are responsible for the preparation of the accounts; and consider that the audit requirement of section 144(2) of the Charities Act 2011 does not apply and that an independent examination is needed. It is our responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures specified in general Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act, and
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to state whether particular matters have come to our attention.
Basis of Independent Examiner's Report
Our examination was carried out in accordance with general directions given by the Charity Commission. An examination includes 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 the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts 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:
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1) Which gives us reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the 2011 Act;
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and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met;
or
- 2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Raywin P-Cole & Co Ltd
Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road, West Norwood London SE27 0EE
29 July 2025
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Flaming Evangelical Ministries UK Statement of Financial Activities for the year ended 30 September 2024
| Incoming Resources Donations Resources Expended Charitable activities Mission Travel & Subsistence Personnel Costs Printing, stationery & postages Community Mission Donations Telephone & Fax Church Rent & Rates Insurance Publications/Advertising Development Programme Welfare Depreciation Governance costs Accountancy Legal & Professional Fees Total Resources Expended Net incoming resources Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward |
Notes | Unrestricted Restricted Funds Funds 2024 £ £ £ 103,894 - 103,894 13,162 - 13,162 34,623 - 34,623 336 336 6,620 - 6,620 1,600 - 1,600 1,601 - 1,601 20,251 - 20,251 316 - 316 416 - 416 9,440 - 9,440 2,350 - 2,350 5,774 153 5,927 96,489 153 96,642 600 - 600 290 - 290 890 - 890 97,379 153 97,532 6,515 (153) 6,362 - - - 6,515 (153) 6,362 58,226 49,480 107,706 64,741 49,327 114,068 |
2023 £ 93,398 12,026 34,116 12 6,076 2,675 1,375 15,701 311 - 9,636 2,300 5,837 |
|---|---|---|---|
| 6 1 1 2 1 |
|||
| 90,065 | |||
| 600 - |
|||
| 600 | |||
| 90,665 | |||
| 2,733 - |
|||
| 2,733 104,973 |
|||
| 107,706 |
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Flaming Evangelical Ministries UK Balance Sheet as at 30 September 2024
| Notes Fixed assets Tangible assets 2 Current assets Debtors and prepayments 3 Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Funds of the charity Unrestricted funds Restricted funds Total funds |
2024 £ 32,334 45,875 40,058 85,933 (4,200) 81,733 114,068 64,741 49,327 114,068 |
2023 £ 31,493 45,875 34,738 80,613 (4,400) 76,213 107,706 58,226 49,480 107,706 |
2023 £ 31,493 45,875 34,738 80,613 (4,400) 76,213 107,706 58,226 49,480 107,706 |
|---|---|---|---|
| 107,706 | |||
| 58,226 49,480 |
|||
| 107,706 |
These financial statements were approved by the Trustees on 29 July 2025 & signed on their behalf by:
Pastor Eugene Tenga Trustee
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Flaming Evangelical Ministries UK Notes to the Accounts for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The Financial Statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities and Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities".
Incoming resources
Unrestricted Income comprises donations and is recognised on receipt basis. Restricted Income relates to donations specifically raised for the purchase of land & buildings and is recognised on receipt basis. However, the donors have agreed that that once the primary purpose has been satisfied, any surplus funds remaining will be used for the running of the Charity's ordinary activities.
Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful lives based on reducing balance method.
| Motor Vehicle | 25% |
|---|---|
| Equipments | 15% |
| Fixtrues & Fittings | 20% |
Resources Expended
Charitable Activities
These comprise all expenditure directly relating to the objects of the Charity. Support costs are an integral part of the expenses incurred in carrying out those charitable activities, which the Charity was established to perform.
Governance Costs
Governance costs comprise the costs of running the charity, including strategic planning for its future development, also includes accountancy & legal fees and all costs relating to consnstitutional and statutory compliance.
Church Rent & Rates
The operating lease agreement was reviewed during the year & due to covid 19 restrictions, the charity was allowed not to make any payment during the lockdown period. The new monthly lease payment after the lockdown was also reduced by aprroximately half of the previous agreement. The reported amount due to the charity from T&J Properties Ltd remain unchanged as no payment was received during the period.
Publications/Advertising
The charity did not embark on regular weekly television advert/programmes during the period in order to faciliate & enhance its evangelism object.
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Flaming Evangelical Ministries UK Notes to the Accounts for the year ended 30 September 2024
| 2 Tangible fixed assets Motor vehicles £ Cost At 1 October 2023 13,699 Additions - At 30 September 2024 13,699 Depreciation At 1 October 2023 13,632 Charge for the year 17 At 30 September 2024 13,649 Net book value At 30 September 2024 50 At 30 September 2023 67 3 Debtors and prepayments Debtors Sundry T & J Properties Ltd New Testament Church Prepayments Rent 4 Creditors: amounts falling due within one year Accountancy Other creditors |
Equipments £ 71,731 6,769 78,500 43,937 5,184 49,121 29,379 27,794 |
Fixtures & Fittings £ 65,647 - 65,647 62,016 726 62,742 2,905 3,631 2024 £ 7,750 32,475 4,150 44,375 1,500 1,500 45,875 2024 £ 600 3,600 4,200 |
Total £ 151,077 6,769 |
|---|---|---|---|
| 157,846 | |||
| 119,585 5,927 |
|||
| 125,512 | |||
| 32,334 | |||
| 31,492 | |||
| 2023 £ 7,750 32,475 4,150 |
|||
| 44,375 | |||
| 1,500 | |||
| 1,500 | |||
| 45,875 | |||
| 2023 £ 800 3,600 |
|||
| 4,400 |
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Flaming Evangelical Ministries UK Notes to the Accounts for the year ended 30 September 2024
5 Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Motor vehicles Equipments Fixtures & fittings Current assets Debtors & prepayments Cash at bank and in hand Creditors: amounts falling due after one year At 30 September 2024 |
Unrestricted Funds £ 50 29,379 2,293 31,722 13,400 40,058 53,458 (413) 84,769 |
Restricted Funds £ - - 612 612 32,475 - 32,475 (3,787) 29,298 |
Total £ 50 29,379 2,905 |
| 32,335 45,875 40,058 |
|||
| 85,933 (4,200) |
|||
| 114,068 |
6 Trustees Remuneration included in personnel costs
Pastor Eugene M. Tenga was given an allowance as a full time minister. This including P.A.Y.E. & NI contributions paid over to HMRC amounted to £26,998. Pension contributions paid over to Pension Provider amounted to £4,284. Other than that, no remuneration was paid to any of the trustees and their expenses also not borne by the Trust. The remainder of the personnel cost represents allowance given to part-time support staff.
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