RHEMA CHRISTI¥ MINISTRIES (A company limtted by &iantee and not having a share capital) Annual report and accounts for tbe year ended 31" December 2024 Charity Fr.: 1061736 Registered W.: 3299533
RHEMA CHRTSTTAN MTNtSTR ADnMal report 2nd aeeounts for the year ended 31" December 21124 Co]rtents Page 113 Balance sheet Statement of fiwKial athivitEes Notes to the accounts 719 Company iuformation Trustees Miss M A Scott J S Swaby Ms C E Mayhew Registcrcd office I I Wood8ide Green London SE25 SEY Bank¢rs NatW&st 143 High Street Brornley Kellt BRI IYZ Siba and Company 308 Higb Street Croydon Surrey CRO ING
RHEMA CHIUSTIAN MINISTRIES for the year ended 31" December 2024 Thc TnLgt¢¢s prcsent their AllnU Report together wlth the utmudited accounts of the charity for the y¢ar ended 31" Decenther 2024, which are also prepared to meet the reqll1rts for a directors, report alld accounts for the PUTtK>ses of the Companies Act. PrInPaI activity, objectives 2nd governaDee The charity's principal activity is that of a religious organisation and its objects are the advancement of the ChTiStian fait. the relief of those in nee(L hards]Jip OT distress" the advancement of ¢ducation for chilthen OT athllts with ernphasis on upholding Christian values but not so as to prevent the provision of genera] edllcation. The chaTity is governed by a Board of TnLStees in accordance with the govejning dllMent TTUStees meet regularfy to disc8 and manage the affairs of the ChaTity. New trustees are appointed to the Board by invitation and undw an induction process. The Trnstees un(leTStarMI that it is their collective responsiTr>ility to: act with personal Inteity. avoiding any pern)nal conflicts of interest or misuse of charity fimds or &8scts" ensure the OTganisation complies with its governing document and all other legislative docurnents and ensure the organisation fulfils its obi¢cts as defined in its governing docwnent aDd uses its tesourc¢s solely for those purposes; safeguard the wutstion, vtsion, integrity and values of the organisation" prOtt the &ssets of the ¢haTity and take special caTe vthen investing its fim(Is or borrowing funds for the avoid undertaking any activities that might place the ckwity's assets or funds at UDdu¢ risk Public benefrt In planning our activities, Rthell Cbristian Ministries ljas CODsid¢red th¢ Cknity Commission's guidaDce on the provTsion of public benefit by charities for the advancement of religion. All of the church's activities are desigDed to furthcr our vision which is to deepeT ill our relationsbip with G(xL closer io relatiollsbips with one allother and extending out into the conununity. Activibes and review of the year "Faith in Aetion" Introduction: As we reflect on the journey of 2024, we are reminded of the core values that guide our rninisty: servlce. compassion and faitb in actio Lo a world that CODStantty changes, tIe Principles renMin steadf>. The words of Jesus in Matthew 25 cballenge and inspire us to serve those in neeil demonstrnting love ill tangibl¢ ways. This powerfijl scripture serves &8 both a remindcr and a call to action for our church community. "For J was hzthgry andyou gove Mefood. I ihirsty andyou gave Me drxnk.. I was a stronger aiulyou took Me in." I woy naked andyou clothed Me,. I wtu sick and vou Iqsitsd.Ve," I in pruon andyou C<zme lo Me. ' Then the righteous will aer Him, 5ayin& 'Lord, wlwi did we see You Izt4ngry andfeed You. or thirsty ap give You dnnk? Irhen did we see You a stranger and Lake You in, or naked and clothe fou? Or when did we see You sick or in prison, and coyne to You? And Èhe King will and say to them. Assuredly, I sali to yo¥ inasFnuch asyou did it to one ofthe leasl 0fth£ My brethren, you did it to Me. ' (Matthew 25.3540)
RHEMA CHRISTIAN MINISTRIES Trustees, report for the year ended 31" Decenjber 2024 Activities and revlew of tkn year (continued) Throughout 2024. Rhema Christian Ministries experienced a consistent Tise in in-person attenthce at weekly churcb service4 following the return of gatheTings after the pandemic. At the satll¢ tiTne, our continued comtnitment to live-streaD]ing has acc¢ss to worship including prdy¢r, teachinyjpreachillg for those unable to attend physically. This past year has been ttrnrked by our ongoing dedication to meeting the PTacLicat and ernotional nc6ds of individua]s within and beyolld our church coll]muoity. The gellerosity and comyd55ion of our congregation have made a rneaningful, and we hope, l&sting itnpact on many lives. pastoral leadersbip tea alongside a conllDitted group of voluntcers, provided invdluable support througb distribution of food parcels and essential supplies; phone calls and emotional check_ins wth those feeling isolated or alone" outreach to individuals and families navigating hardship. These acts of kindness have been a source of comfor¢ str¢ngtb, and connection for many. We continua our pathership Thith Aleiandra House (Evolve). a local homele&sness charity, through ongoing doDations of clothing, beddiJLg, toÈletties, and noD-p¢risbable food. Addttionally, we supported a local bigh school initiatkV¢ that assembles and distributes Cbrisknas hamp¢T5 to vulnerable farnilies" furth¢r ¢xtending our reach and commitment to those in need. MaDy of this year's most meaningfid rnom¢nts caDnOt be measured: a timely word of encouragemenl a cornpassionatr presence in times of grief or illness, or simply a listening ear. These small but profound gestures embody the heart of our rninisty and reflect the human touch that can uplift those facing life's greatest challenges. Every individual engaged in the life of Rherna Christian Ministries has played a vital role in bringing our roission to life. Tbrough acts of lov4 killdn¢, Compassio pattence aud resilience, our con]munity has demonstrated what it Mea to live out one's fai especially ill such uncerkn IAmes. Together, we continue to be a light in our community. piitting 'faith in Action- in ways that honour G(Kl and uplift those around us. Looking ahea4 we r¢rnain comDlltted to being a church that not ODJY gathers in worship but a]so goes out in service. We are iTwiired by what been achieved and cncournged to continue walking in love. unity and purpose. May we carry this mornentum into the tllre, ever seeking to serve *he least of these" and to be the IHuds and feet of CbTiSt in a world that so dcq)ty needs ho. Togetb, we move forward with tsi collwasAIo and actton. The Trustees caTry Out periodic reviews of the major risk8 to which the cknity is exp)sed. Systems and procedur&s have been abliShed to mitigate those identified so as to rninimise any potential impact on th¢ cTrwity. Financial review The StateDllt of Financial Activities on page 6 shows tbat tbe result for 2024 is a deficit of £11,189 a5 compared with the deficit of £17252 in the previous year. Totsl charity funds at 3 I" DecemEer 2024 were £770,148 (2023 - £781537). Reserves policy The tnLStees bave established a po]icy of bolding reserves sufficient to enable the charity to continue in the event of unforeseen expenditure.
RHEMA CHIUSTIAN MINISTRIES Trustees, report for the year ended 31" December 2024 Affiliation The charity is not affiliated to any other Chlty. Trustees The TT$tees who served (luring the year we as follows: Miss M A Swtt J S Swaby ststemeDt of Thistees. respollsibiuties The Trustees (who are also the directors of the charity for the pwpose of company law) are responsible for preparing the Tntee5. Annual Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United King(tom G¢ncrally Accepted A¢counting Pwti¢¢). Company law requires the T[tee5 to prepare accounts for each financial year which give a and fai view of the state of affairs of the clwitable company and of its incoming resources and application of resources, includ7ng its income and expenditurè for that perio& In pr¢paTing these accouTts, the Trustee5 are required to: select suitable accounting policies and then apply them consistentty: observe the methods and principles in the Charities SORP. make judganents and estimates that are reasonable andpThden¢ state whether applicable UK Accountillg Standards have been followe4 subject to any dcpartLf¢S disclosed and explained in the accounts, ond prepare th¢ accouDts on thc going concern basis UDless it is inappropriate to that thc Charity will CA)ntinue in busines& The TTUStecs arc respOble for keeping proper accounting records that disclose with reasonabl¢ accw at any lime the financial positioll of the chaTity and enabl¢ them to ensure that the accowts compty witb 1tLe Companies Act 2tK)6. They are also rwonsible for safeguarding the &ssets of the charitable wmpany aThJ hence for tslong r¢&sonablc sty for the prevention and ddection of fra1 and other Iritie& The above report has been prepared in accordance with the sFcial provisions Telating to smal] compani&8 Wtthin Part 15 of the Companies Act 21K)6. Approved by the Tntss on 15" July 2025 and Sied on their behalf by Miss M A Scott Trustee
IRdependent Examlner's Report to the Trustees of Rhema Chri5tlan Ministries I report to the charity Tntee8 on my examinatton of the accounts of Rhema Christian Ministries (the '£harity') for the y¢ar ended 31° December 2024. ResPons]l11ties and basts of rwrt As the Truste¢s of the Cbarity (aryl also directors of the company for the putpse of company law), you ar¢ responsible for the PTeparatson of the accounts in accordance with the re(tuirthents of the Companies Act 2(M)6 ('the 2006 Acf). Having satisfied myself that th¢ accounts of the Cbarity are Dot r4uiTed to be audited und¢r Part 16 of the 2006 Act and are eli1)7e for independent examinatio I rewt in reSPt of my exaTnination ofyour Charity's aco)unts as ¢allied out under section 145 of the Ch&iti¢s Act 201 I (Yhe 2011 ACV?. In orying out my examination I havc followed the DirectiODS given by the Cbarity COM[0 uD(kr sedion 145(5) (b) of the 2011 ACL Imdependent eJaminer'8 ststement- matter of eoneern ideDIMed T have complet&a my examination. I have identified one matter of concern that gives me re&8onable cause to lieve that the accounts prw&l for the Chwity have not been prepaTh4 fully in accordance with the rnethods and pritkciples of the Stat¢m¢nt of Recommended Pra¢ti¢e foT a¢countiDg aNI reporting by chaTities. The TTUStees have chosen to protect the collfidentiality of th¢ sol¢ ¢mploy¢e of th¢ Cbarity by not disclosing staff costs as required by the Statement of Reconrnded Practice. I collf]EllL that no other n]attas bave come to my attention in CODne¢tioD with th¢ examination giving me reasothle cause to believe that tn any rnaterial respecL' accounting records were not kept in tcspect of the Charity as reqthired by section 386 of the 21J)6 Ac¢ OT the accouots do not accord with thos¢ r¢Gord8" or the accounts do not comply with thc ac¢ouniing reqUents of s¢ction 396 of the 2(M)6 Act Ot1 thaD ally rwiirenKnt that the accounts give a 'kne and faif. Triew which is not a matter considered as part of an independent eLgmination" or except for the matter of concem notyj alJ)ve, the accounts Iwe not been prepared in accordance with the nbC4 and principles of the Statement of Recommended Prnctic¢ for aLcounting and repoTting by cbaTities applicable to cForities prq)ry th¢ir a¢¢iwnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of freland (FRS 102). I confirn] that there ar¢ no Oth mattern in connection witb the examination to wbich your atteDtioD should be drap4n to enable a proper uT]derstsnding of the accou to be reathed. Miroslav Siba FCA 308 High StreeL Surrey CRO ING 15° July 2025
Balance sheet as at 31# Detember 2024 Note 2024 2023 FIXED ASSETS Tan1?1¢ assets 600,(100 600,000 cuRRETr ASSETS DebtOTS C&sh at ballk 6,179 5,128 179310 184,438 174.329 CREDITORS ADwunts falling thJ¢ WAthin one year CURREwf ASSETS ASSETS 181337 tfNRESTRTCTED FUNDS Building fund Accumulated fund Revaluation reserve TOTAL CHA FUNDS 157.058 244,iQl 168.058 244,69n )68.$89 The cornpany was entitled to exmption fr(Nn audit under s¢ction 477 of tb¢ Cowies Act 21)06 relating to small companies. The m¢mb¢rn have not required the con)pauy to obtain an audit in accordance with sectiOD 476 of the Companies Act 2(X)6. The Trustees acknowledge their spoDs1Illttes foT complying with the requirements of th¢ CompaDi¢S Act with respect to accouoting records and th¢ prq>ardtion of acwunts. These accounts have be¢n prepar¢d in accordance with the Proiisions appjicable to small cornpanies subject to th¢ small companies rewie and in accordaDCe with FRS102 SORTr. Approved by the Trustees OD 15 July 2025 and signed OD their behalfby MASS M A Scott
Statement of finaDeial activities (Including income and eNndIture account) for the year ended 31" Decejnber 2024 Note Total Funds 2024 Total Funds 2023 lllcome Donatio8 Investment income 70.316 71 65.163 io Total income EendItuTe Expenditure on charitable activities Total expenditure Nd expendltsre And movement ID fvnds for the year ( 11.189) 17.252) Reconaliation of funds Tota] funds brought forward 781337 Totsl funds carried fonvard The statement of financial acttvities includes all gall and10&8es recognised in the year. All iacome and expenditure relate to continuing activities. All fid$ are unrestricted.
RHEMA CTtRTSTTAN MtNFSTRTES Notes to the accounts for the year ended 3151 December 2024 Accoup¥rtNG POLJCTES Basis of a¢eoDniang The accounts have been prepared in accordance with Accountillg and Reporting by Charities". Stat¢ment of Recomtnended Practice applicable to ¢IrItieS preparing their accounts in accordance with the Financial R¢Frt)rting Standard appli¢abEe in the UK and Republic of treland (FRS102) (effective I" January 2019), with FRS102 and with the requirements of the Companies Act 2006. Donations Voluntary incorne is received by way of tithes, offerings and services and is included in full in the accounts when CeIvab)e. The valu¢ of services provided by voluDteers bas not been inch¢ Resources expended Expenditure is recolsed on an accrual basis as a liability is incu Expenditure includes any VAT wbicb caDnot be fully r¢¢over¢d and is rOrted as part of the expenditure to wbicb it relates. Charitable expenditure cornpri ttrse costs incurred by the clwity in the delivery of its activities and services for its b¢n¢ficiaries. It Includ both costs that be allocated directly to such activities and those costs of indirect nature neLessary to swrt Tanglble fixed assets Tangible fixed &8sets are stated at cost or revaluation less accumulated d¢pre¢iation. DrecIation As provided at fdtes calculat&l to writ¢ off the cost of each &8set over its expected useful life sIng the stt3ight-line basis as follows: Asset category Freehold building Furnith and equipment Land 2/0 Th¢ charity ha8 adopted the r¢valuation model to revalu¢ freehold propety, thc fair value of wbicb caD be measured reliably, using market-b&8ed evidence. Revaluations shall be made with sufficient regularity to ensure that the Cay]ng amount does not differ MatlallY from that w]Jicb would be determined using fair value at tbe elld of tbe reporting perio Revaluation gains and losses are tt¢ognised in the Ststement of Financial Activities and added to reserves in a separate RevaluatiOlI reserve. Going concern The trustees consider that there are no material uncertiinties about the ability of Rhema Christian Ministries to CODtiDue as a going COnCellL Unrestrlcted funds UnTestricted futtds are dollatiolls and other illCOD]iDg Tesowces receivable or generated for the objects of the charity without further sF¢cified puryose and are available as general funds.
Notes to the aeeounts for the year ended 3131 Deeember 2024 tX)NATIONS All donations e1ved in both the cumt and previous year relat¢ to unrestricted NET MOVEME TN FLfNDS FOR THE YEAR 2024 2023 This 18 Stated after cbarging Independent erdminer's remuneration for the independent exanjinthon for other servi¢e5 1,050 1,050 TANGIBLE FL¥ED ASSETS Fr¢¢hold prO[rtIeS equipment Total Cost or valuatioD At 1.1.2024 and 31.12.2024 600,000 723 625 Depreciation At I. 1.2024 and 31.12.2024 Net b)k values At 1.1.2024 and 31.12.2024 600.0 DEBTORS 2024 2023 Income tax recoverdble 17 CREDITORS:. atllounts falling du¢ within one year Trade c[At0T8 1,442 2,158 581 288 2,149 T&Kation and Sla] securtty
Notes to the accounts for the year ended 31" December 2024 STAFF AND TRUSTEE INFORMATION The cbarity trnstees were not paid and did not recelve any benefits from the chatlty thlling the year. No expettses were reiEnbursed to tneS (2023 - £nil) no c1ty tntee received payment for professional or other seThices supplied to the charity (2023 - £nil). The charity has one ll-time employee. REVALUATION RESERVE The Propcrty was valu¢d at th¢ year-end by the Ttffs at th¢iT estin]ate of open D]ark¢t valu¢. Th¢ property was prcviously valued during 2016 by commercial estate agents. Tbe original cost of the propety was £302,391, and had the property not been reV&kne the accumulated depreciation would have been £75,600 and the net book value £226,791. The difference between the revalued amount and the bistoric cost of the property is transfeTred to the revaluation reserve. ANALYSIS OF MOVEMENTS TN UNRESTRICTED FUNDS Current ye2r Balance 1.1.2024 tncoming Resources expended Balancc 31.12.2024 Transfers Building Fund Accumulated Fund Revaluation Reserve 168,058 244,690 368J89 £ 781,337 (li,0) i i,(xJ) l57,058 244,501 368.589 770,148 70,387 {81.576) 70,387 (81.576) Prior year Balance 1.1.2023 Incoming Balance 31.12.2023 Building Fund Accumulated Fund Revaluation Reserve I80,458 249.542 {12,41M)) 12,41X) 168,058 244,690 368 %89 781,337 65.173 {82,425) £ 798,589 65.173 {81425) 10. COMPANY STATUS The chlty is a cowy limited by guarallttt. The ]nembers of the company aTe the T$teCS named on page 3. In the event of the charity being wound up, the liability in respect of the Euardntee is limited to £1 per Memb of the charity.