REGISTERED CHARITY NUMBER: 1076546
ACTS MINISTRIES INTERNATIONAL
REPORT AND FINANCIAL STATEMENT FOR THE (UNAUDITED)
YEAR ENDED 5[th] APRIL 2021
J & T LEXINGTON SERVICES LIMITED 8 HOLME CLOSE, REDHILL GRANGE WELLINGBOROUGH NN9 5YF
ACTS MINISTRIES INTERNATIONAL
| Page | |
|---|---|
| CONTENTS | 2 |
| Charity information | 3 |
| Trustees’ report |
4 |
| Independent Examiner’s report | 5 |
| Income and Expenditure Account | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 – 11 |
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ACTS MINISTRIES INTERNATIONAL
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1076546
Registered office
42B Glenelg Road London SW2 5JT
Contact Person
Pastor Anena Maria Goretti
Trustees
Bis. Annie Njeri Rev. Joseph Kinuthia Irene Florie Odoge
Accountants
J & T Lexington Services Limited 8 Holme close Redhill Grange Wellingborough NN9 5YF
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ACTS MINISTRIES INTERNATIONAL
Trustees’ Report
The Trustees have pleasure in submitting their report, and accounts for the year ended 5[th] April 2021. The financial statements have been prepared in accordance with the accounting policies set out on page 7, and comply with the statement of recommended practice.
Constitution, objective of the charity, principal activity and organisation of our work
The charity is constituted under a trust deed dated 16[th] April 1999 with UK registered charity no. 1076546.
The objectives of the charity as set out in the Declaration of trust are:
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The advancement of Christian faith.
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The relief of poverty
The ministry was involved in Christian outreach programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ.
Development activities and achievement in the year
The trustees are pleased to report that the Church continued to be successful spiritually by ministering to many people.
Our Outreach Ministry is currently involved in:
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Providing lunches to the vulnerable, including those with mental and physical challenges within the Borough of Lambeth. We serve a hot home-cooked meal to the service users at a local Day Centre. We do not charge for this service.
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Supporting the Local Food bank for those without food or the means to purchase food to feed themselves and their families. The beneficiaries are those who do not have access to public funds for a variety of reasons and this is a valuable means of support until their financial situation changes. We freely distribute food and household products which are donated by the local community (with the assistance of the local supermarkets).
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We are in partnership with Global Children Development a registered Charity operating International. We help Orphans in paying their School fees and their welfare. This Organisation is successfully helping a lot of Orphans especially in Northern Uganda and we are quite happy to be involved in their work and to continue supporting them.
Many Christian and non-Christians attended our services and many re-dedicated their lives to our Lord and Saviour, Jesus Christ.
Review of the financial position
The charity made a deficit for the year amounting to £ (19,281). (deficit in 2020 was £14,824).
Approval
The report was approved by the board of trustees on ………….. 2022 and signed on their behalf by:
Rev. Anena Maria Goretti ________
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ACTS MINISTRIES INTERNATIONAL
Independent Examiner’s Report
To the Trustees of ACTS MINISTRIES INTERNATIONAL
I report on the accounts of the church for the year ended 5[th] April 2021 set out on pages six to eleven
Respective responsibilities of trustees and examiner
The trustees of the charity are responsible for the preparation of the accounts. The charity’s trustee 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 required.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
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1) Examine the accounts under section 145 of the 2011 Act.
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2) Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act) and
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3) To state whether particular matters have come to my attention.
Basis of Independent examiner’s report
My examination was carried out in accordance with the 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 concerning 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 statements below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006;
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice and Reporting by Charities have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Joseph Kinuthia C.P.A, DMS, MBA J & T Lexington Services
8 Holme close, Redhill Grange Wellingborough NN9 5YF
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ACTS MINISTRIES INTERNATIONAL
Statement of financial activities for the year ended 5[th] April 2021 Incorporating the Income and Expenditure Account
| Note Incoming Resources Incoming resources from generated funds Voluntary income 2 Gift aid Grants Total Incoming Resources Resources expended Charitable activities Rent & Rates Conferences & Evangelism Bank charges Electricity, gas & water Media Telephone, internet & web Motor vehicle expenses Training Gift & Donations Salaries & wages Professional fees Insurance Printing Postage and stationery Mission Repairs Depreciation of fixed assets Governance costs 3 Total resources expended Net incoming/ (outgoing) resources Balances carried forward at 5th April 2021 |
2021 £ 22,838 5,360 16,006 44,204 10,342 5,376 395 2001 4,933 1,204 1,417 934 8,950 22,200 2,530 1,150 758 - - 795 62,985 500 63,485 (19,281) (19,281) |
2020 £ |
|---|---|---|
| 33,126 9,033 - |
||
| 42,159 | ||
| 16,720 946 582 783 2,380 461 455 - 1,833 22,815 1,789 1,373 1,773 3,650 150 773 |
||
| 56,483 500 |
||
| 56,983 | ||
| (14,824) (14,824) |
There were no recognised gains or losses in the year. All activities derive from continuing operations.
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ACTS MINISTRIES INTERNATIONAL
Balance Sheet as at 5[th] April 2021
| Note Fixed assets Tangible fixed assets 4 Current assets Debtors 6 Cash at bank and in hand Creditors- amounts falling due within one year 5 Net current assets/(liabilities) Net assets Represented by: Bank Loan Funds of the charity Reserves Net incoming resources |
5,360 5,559 |
2022 £ 5,827 (13,073) (7,246) 16,000 (3,965) (19,281) (7,246) |
2020 £ |
|---|---|---|---|
| 5,672 9,033 2,752 |
|||
| 10,919 (23,992) |
11,785 (21,422) |
||
| (9,637) | |||
| (3,965) | |||
| - 10,859 (14,824) |
|||
| (3,965) |
The financial statements were approved by the Trustees on ……………2022 and signed on their behalf by:
Rev. Anena Maria Goretti_____
Trustee
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ACTS MINISTRIES INTERNATIONAL
Notes to the financial statements for the year ended 5[th] April 2021
1. Accounting policies
a) Accounting basis
These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993 and the Statement of Recommended Practice on Accounting by Charities published in March 2008. The adoption of the revised SORP has resulted in reclassification of some items.
b) Incoming resources
i) Voluntary income
- Voluntary income is received by way of Tithes offerings, donations and gifts and is included in full in the Statement of Financial Activities when receivable.
ii) Bank interest
Bank interest is included in the income and expenditure account on receipt.
c) Resources expended
All expenditure is accounted for on an accruals basis.
d) Fixed assets and depreciation
Fixed assets are included at cost. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life using the reducing balance method.
Equipments & Instruments - 12%
e) Restricted and unrestricted funds
Income received for restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds are those funds which represent grants and donations for a specific purpose. Upon full performance of the purpose of the grant, any surplus is then retrievable by the donor. Income generated for the objects of the charity without further specified purpose is allocated to unrestricted funds. Accumulated surpluses may be retained by the church and are expendable at the discretion of the trustees in furtherance of the church’s objects.
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ACTS MINISTRIES INTERNATIONAL
Notes to the financial statements for the year ended 5[th] April 2021
1. Accounting policies (continued)
e) Designated funds
Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion. There were no designated funds during the year.
g) Irrecoverable VAT
The church is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.
h) Cash Flow
The church has taken advantage of the exemptions in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small church.
2. Incoming resources from generated funds
| Voluntary income Tithes and offerings |
Unrestricted £ 22,838 22,838 |
Restricted £ - - |
Total funds 2020 £ 33,125 33,125 |
Total funds 2021 £ |
|---|---|---|---|---|
| 22,838 | ||||
| 22,838 |
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ACTS MINISTRIES INTERNATIONAL
Notes to the financial statements for the year ended 5[th] April 2021.
3. Governance costs
| Accountancy fees | 2021 £ 500 500 |
2020 £ |
|---|---|---|
| 500 | ||
| 500 |
4. Tangible fixed assets
| Cost At 6thApril 2020 Additions At 5thApril 2021 Depreciation At 6thApril 2020 Charge At 5thApril 2021 Net book value 2021 Net book value 2020 |
Church Equipments & Instruments £ 17,367 950 18,317 11,695 795 12,490 5,827 5,672 |
Total £ |
|---|---|---|
| 17,367 950 |
||
| 18,317 | ||
| 11,695 795 |
||
| 12,490 | ||
| 5,827 | ||
| 5,672 |
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ACTS MINISTRIES INTERNATIONAL
Notes to the financial statements for the year ended 5[th] April 2021
5. Creditors – amounts falling due within one year
| J & T Lexington Pastor Maria Goretti (unpaid salary) |
2021 £ 500 23,492 23,992 |
2020 £ |
|---|---|---|
| 500 21,422 21,922 |
6. Debtors.
| HMRC | 2021 £ 5,360 5,360 |
2020 £ |
|---|---|---|
| 9,033 | ||
| 9,033 |
7. Financial commitments
Capital Commitments
The church had no capital commitments as at 5[th] April 2021.
Operating lease commitments
The church had no operating lease commitments as at 5[th] April 2021.
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