2024-12-31-accounts - His Presence Temple Ministry

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HIS PRESENCE TEMPLE MINISTRY

Charity Registration 1077396

31 December 2024

Annual Report and Financial Statements

HIS PRESENCE TEMPLE MINISTRY

Annual Report and Financial Statements 2024 Contents

	Page
Legal & administrative information	2
Report of the Trustees	3
Independent Examiner's report to the Trustees	6
Statement of financial activities	7
Balance sheet	8
Notes to the financial statements	9

HIS PRESENCE TEMPLE MINISTRY

Legal and administrative information For the year ended 31 December 2024

Charity Name His Presence Temple Ministry. Principal Address c/o 43 Vanguard Close, Croydon, CR0 3RS Charity Registration No 1077396. The Church was established in 1999 and registered with the Charity Commission on 13 September 1999

Trust deed dated 5 August 1999 as amended on 26 November 2023.

The Governing Document Trust deed dated 5 August 1999 as amended on 26 November 2023. Objectives • To advance the Christian faith in accordance with the Statement of Beliefs in London and Surrey and such other parts of the United Kingdom or the world as the Trustees from time to time think fit
To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in said locations and in such other parts of the United Kingdom or the world as the Trustees from time to time think fit

• To provide facilities for recreation or other leisure time occupation in the interest of social welfare for persons who have need of such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances with the object of improving the conditions of life for such persons in the said locations and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit • To promote and fulfil such other charitable purposes beneficial to the community in the said locations and in such other parts of the United Kingdom or the world as the Trustees from time to time think fit Trustees The Trustees who served during the year or who were serving at the date of this report were: Rev Aaron Abbey Carol McIntosh-Abbey Audrey Peterkin-Binns Henry Baiden Gabrielle Nagida Arielle Akua Baynes Bankers Barclays Bank PLC. 1North End Croydon Croydon CR9 1SX Independent Examiner John Helm ACA Tandem Accounting Heathville Road London N19 3AL

HIS PRESENCE TEMPLE MINISTRY

Report of the Trustees For the year ended 31 December 2024

The Trustees submit their annual report and the financial statements of His Presence Temple Ministry (“the Church”) for the year ended 31 December 2024. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2019 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report.

1. Structure, Governance & Management

1.1 Trustees

Trustees meet approximately 4 times per annum to discuss a full range of matters relating to finance, general administration, activities and outreach. New Trustees are appointed by a majority of the existing Trustees. None of the Trustees receives remuneration for their work as Trustees.

1.2 Church Members

Church Membership is open to those who:

Have been or are willing to be baptized in the name of Jesus
Accept the Statement of Faith of the Church;
Commit themselves to serving Christ within the Church and beyond;
Abide by the decisions of the Trustees;
Acknowledge their responsibilities as Church Members

Church Members share in the responsibility for the finances, administration, maintenance and activities of the Church. Church Members meet once per annum for business meetings, and receive reports from the Trustees.

2. Activities & Strategies

The Church is a vibrant urban multi-ethnic evangelical congregation with a membership of 52.

The Trustees have given due regard to the Charity Commission’s guidance on public benefit. During the year, the Church continued to carry out the following activities in order to promote the Gospel in the local neighbourhood and beyond:

Sunday Worship
Tuesday Bible Studies
Friday Night Vigil
Evangelism

3. Review of Activities

Sunday Worship . We continue to provide advocacy. The place of our worship is the Cherry Orchard Centre.

Tuesday Bible Studies . These sessions are not limited to the members of the congregation but embrace anyone who desires to attend.

Friday Night Vigil. Friday night vigil is very much alive and are exclusively held online via Zoom cloud platform.

Evangelism. There is bi-weekly distribution of leaflets in Central Croydon and the adjoining areas. We are hoping to see numerical growth from these exercises.

Auxillary Ministry. There is an active Sunday school, Youth, Women’s and Men’s ministry.

4. Financial Review

4.1 Financial Activity and Financial Position

The Church is funded by the freewill offerings of Church members and others in attendance.

HIS PRESENCE TEMPLE MINISTRY

Report of the Trustees For the year ended 31 December 2024

The Statement of Financial Activities and Balance Sheet can be found on pages 7 and 8 respectively. The Church’s reserves decreased by £1,174 during the year (2023: decreased by £4,125). The Balance Sheet shows total assets of £53,308 (2023: £54,482).

Included in reserves are amounts totalling £xxxx (2023: £29,606) which are restricted. These monies have either been raised for, and their use restricted to, specific purposes, or they comprise donations subject to donor-imposed conditions.

4.2 Reserves Policy

The Trustees have examined the requirements for free reserves, i.e. those unrestricted funds not invested in tangible fixed assets. The Trustees consider that, given the nature of the Church’s work, free reserves should be equivalent to approximately 6 months’ routine general fund expenditure, plus committed future expenditure on other projects, where funds permit. The Trustees are of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow the church to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 December 2024 the church had net free reserves of £22,714 (2023: £24,181).

Total reserves Less: restricted funds Less; tangible fixed assets Free reserves Free reserves requirement: 6 month’s budgeted routine expenditure Balance reserved for future building purchase	2024	2023 £ 54,482 (29,606) (695) 24,181 20,000 4,181 24,181
	£


	53,308
	(30,131)
	(463)

	22,714


	20,000
	2,714

	22,714

4.3 Investment Policy

The church currently invests spare funds in an interest-bearing bank account.

4.4 Grants Policy

The Church makes grants as a result of special appeals to support missionary endeavours both in the UK and abroad. The policy of the church is to give grants on the basis that they are subject to annual review and only renewed on the basis of meeting set criteria. In addition, the Church makes anonymous love gifts, at the discretion of the Trustees to those in need within, and outside of, the Church fellowship.

5. Plans for Future Periods

Promote the Gospel and provide advocacy to the community within the remit of the ministry
Youth Ministry -
➢ Propose – quarterly Youth Sunday Service
➢ Youth Choir
➢ Held special prayer breakfast session (purpose to remind the community of our presence and availability to be of service where possible.
➢ Grow the Sunday school Ministry – ongoing
Grow the Men’s and Women’s Ministry – ongoing
Organise church social events

HIS PRESENCE TEMPLE MINISTRY

Report of the Trustees For the year ended 31 December 2024

Primarily HPTM aims to invest in a permanent place of worship. There is more we believe we can offer to our community. Croydon is a vibrant borough, huge youth population. With a permanent place we believe we could offer more counselling sessions, operate a food/cloth bank and a social club (1) Youth and (2) Elderly).

6. Responsibilities of Trustees for the Financial Statements

The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period.

In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles of the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the charity will continue.

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees is responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.

7. Approval

The report of the Trustees was approved by the Trustees on 31 October 2025 and signed on its behalf by:

Aaron Abbey Trustee

HIS PRESENCE TEMPLE MINISTRY

Report of the Independent Examiner to the Trustees of His Presence Temple Ministry

I report on the financial statements of His Presence Temple Ministry for the year ended 31 December 2024, set out on pages 7 to 13.

This report is made solely to the Trustees in accordance with section 145 of the Charities Act 2011 (“the Act”). My independent examination has been undertaken so that I might state to the Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by the law, I do not accept responsibility to anyone other than the Trust and the Trustees for my independent examination, for this report, or the opinions I have formed.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The Trustees consider that an audit is not required for this year (under section 144(2) of the Act) and that an independent examination is needed. It is my responsibility to:

Examine the accounts (under section 145 of the Act);
To follow the procedures laid down in the General Direction given by the Charity Commission (under section 145(5)(b) of the Act); and
To state whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

My examination was carried out in accordance with General Directions given by the Charity Commissioners. 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 the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

INDEPENDENT EXAMINER’S STATEMENT – MATTER OF CONCERN IDENTIFIED

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the church as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I draw attention to the following balances, in order to provide a clearer understanding of these financial statements and how the charity’s funds have been utilised:

a loan of £20,000 was advanced to Carol McIntosh-Abbey, a Trustee, in 2011. The loan has partly been repaid and, with accrued interest, the amount owing to the church is £9,743 at 31 December 2024. Repayment is due by 2027. Interest is payable at a rate of 1.5% per annum.
a loan of £6,000 was advanced to Henry Baiden, a Trustee, in 2023. The loan has been repaid apart from accrued interest, the amount owing to the church being £25 at 31 December 2024.
All loans are disclosed in note 6 (debtors) and note 9 (related party transactions).

I have no other concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

John Helm ACA 31 October 2025

HIS PRESENCE TEMPLE MINISTRY

Statement of Financial Activities For the year ended 31 December 2024

Note Income from: 2 Donations and legacies Investments Total Income Expenditure on: Charitable activities 3 Total Expenditure Net income/(expenditure) 4 Transfers between funds Other recognised gains/(losses) Net movement in funds Total funds brought forward Total funds carried forward	Unrestricted Funds 2024 £ 36,733 491 37,224 38,923 38,923 (1,699) - - (1,699) 24,876 23,177	Restricted Funds 2024 £ 675 - 675 150 150 525 - - 525 29,606 30,131		Unrestricted Funds 2023 £ 32,073 360		Restricted Funds 2023 £ 540 - 540 - 0 540 - - 540 29,066 29,606	Total 2023 £ 32,613 360 32,973 37,098 37,098 (4,125) - - (4,125) 58,607 54,482
			Total
			2024
			£

			37,408
			491

				32,433

			37,899

				37,098


			39,073

				37,098

			39,073

				(4,665)

			(1,174)

				- -

			-
			-

				(4,665) 29,541

			(1,174)

			54,482

				24,876

			53,308

HIS PRESENCE TEMPLE MINISTRY

Balance Sheet As at 31 December 2024

		Unrestricted	Restricted
		Funds	Funds	Total	Total
	Note	2024	2024	2024	2023
		£	£	£	£
Fixed Assets
Tangible Assets	5	463	-	463	695
Current Assets
Debtors	6	17,011	-	17,011	16,549
Cash At Bank And In Hand		7,091	30,131	37,222	38,404
		24,102	30,131	54,233	54,953
Creditors - Amounts Falling Due
Within One Year	7	1,388	-	1,388	1,166
Net Current Assets		22,714	30,131	52,845	53,787
Net Assets		23,177	30,131	53,308	54,482
Represented By:
Restricted Income Funds	8	-	30,131	30,131	29,606
Unrestricted Income Funds		23,177	-	23,177	24,876
Total Funds		23,177	30,131	53,308	54,482

The financial statements were approved by the Trustees on 31 October 2025 and signed on its behalf by:

Gabrielle Baynes Trustee

HIS PRESENCE TEMPLE MINISTRY

Notes to the Financial Statements For the year ended 31 December 2024

1. Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting.

The financial statements include all transactions, assets and liabilities for which the Church is responsible in law. They do not include the accounts of church groups that owe an affiliation to another body or those that are informal gatherings of church members.

The Church meets the definition of a public benefit entity under FRS 102.

Going Concern

There are no material uncertainties about the charity’s ability to continue as a going concern and accordingly the accounts have been drawn up on a going concern basis.

Income recognition

Voluntary income and donations (including legacies) are accounted for once the Charity has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for in the period in which the relevant donation is received.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Church; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The Church is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Charitable expenditure includes those costs in fulfilling the Church’s principal objects, as outlined in the Report of the Trustees. These include governance costs which comprise all costs involving the public accountability of the Church and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.

Taxation

As a charity, the Church is exempt from tax on income and gains falling within the provisions of the Corporation Taxes Act 2010 or the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen on the Trust.

Tangible Fixed Assets

The cost of furniture, fittings and equipment, less any expected residual value, is depreciated on a straight-line basis over the effective useful life of the asset, which has been estimated as four years.

Debtors

Debtors, including the loan which is a basic financial instrument, are included at the settlement amount due. Prepayments are valued at the amount prepaid.

HIS PRESENCE TEMPLE MINISTRY

Notes to the Financial Statements For the year ended 31 December 2024

1. Accounting Policies (continued)

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount. Provisions have been calculated at the best estimate of the settlement amount and discounted to present value at the reporting date.

Fund accounting

The funds held by the charity are either:

Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. Income

2. Income
Unrestricted Funds 2024 £ Restricted Funds 2024 £ Donations and legacies Offerings and donations 29,616 675 Income tax reclaimed 7,117 - 36,733 675 Investment income Loan interest 144 - Bank interest 347 - 491 0 37,224 675		Total 2023 £ 26,576 6,037
	Total
	2024
	£

	30,291
	7,117

		32,613 142 218
	37,408

	144
	347

		360
	491

		32,973
	37,899

HIS PRESENCE TEMPLE MINISTRY

Notes to the Financial Statements For the year ended 31 December 2024

3. Expenditure – Charitable Activities

Provision of Staff Church Life & Outreach Office Costs Provision of church building and facilities Governance Total payments	Unrestricted Funds 2024 £ 20,862 7,610 3,139 5,460 1,852 38,923	Restricted Funds 2024 £ - - 150 - - 150		Total 2023 £ 20,686 8,093 1,858 5,409 1,052
			Total
			2024
			£

			20,862
			7,610
			3,289
			5,460
			1,852

				37,098
			39,073

Included within Expenditure – Charitable Activities are the following staff costs:

Unrestricted Funds 2024 £ Restricted Funds 2024 £ Gross salaries 18,795 - Pension contributions 1,622 - 20,417 0				Total 2023 £ 19,218 1,468
		Total
		2024
		£

		18,795
		1,622

				20,686
		20,417

The average number of employees during the year was 1 (2023: 1). No employee received emoluments in excess of £60,000 during the year.

No trustees (2023: none) incurred expenditure in respect of staff welfare, training, travel and subsistence during the year (2023: none).

4. Net (Expenditure)/Income

Net (expenditure)/income is stated after charging:

Unrestricted Funds 2024 £ Restricted Funds 2024 £ Independent Examiner’s fee 1,852 - Depreciation – owned assets 232 -				Total 2023 £ 1,052 381
		Total
		2024
		£

		1,852
		232

HIS PRESENCE TEMPLE MINISTRY

Notes to the Financial Statements For the year ended 31 December 2024

5. Tangible Fixed Assets

5. Tangible Fixed Assets
	Fixtures,
	fittings &
	Equipment
	£
Cost
At 1 January 2024	4,317
Additions	-
Disposals	-
At 31 December 2024	4,317
Depreciation
At 1 January 2024	3,622
Charge For Year	232
Disposals	-
At 31 December 2024	3,854
Net Book Value
At 31 December 2024	463
At 31 December 2023	695

All of the fixed assets are used for charitable purposes.

6. Debtors

Gift Aid Receivable Loans to Trustees Other debtors		2024		2023 £ 6,000 9,624 925 16,549
		£

		6,713
		9,768
		530

		17,011

The loans to Trustees are to:

Carol McIntosh–Abbey: £9,743 (2023: £9,599). The loan was provided in 2011 with interest payable at a rate of 1.5%. The loan is repayable by 2027. The loan balance includes accrued interest.
Henry Baiden: £25 (2023: £25). The loan was provided in 2023 with interest payable at a rate of 1.5%. The loan has been repaid apart from the accrued interest amount.

7. Creditors - Amounts Falling Due Within One Year

Other creditors including taxation and social security Accruals		2024		2023 £ 66 1,100 1,166
		£

		188
		1,200

		1,388

HIS PRESENCE TEMPLE MINISTRY

Notes to the Financial Statements For the year ended 31 December 2024

8. Restricted Funds

At 1 January 2024 £ 28,849 757 - 29,606	Gains/ (losses) £ - - - 0	At 31	At 31
		December
			2024
			£

			29,374
			757
			0


			30,131

	Gains/ (losses) £ - - 0
At 1 January 2023 £ 28,309 757 29,066			At 31
		December
			2023
			£

			28,849
			757


			29,606

The main restricted funds and their uses are as follows:

The Building Fund was established several years ago to provide funds for the purchase of a church building in the future.

The Welfare Fund is an initiative established by the Women of Faith, the church’s local women’s fellowship. It is funded by monthly voluntary contributions by members of the church. It was established in order to fund Members who are bereaved, gifts for newlyweds, baby bonus, hardship fund etc.

9. Related Party Transactions and Balances

Rev Aaron Abbey, a Trustee, received gross remuneration of £18,795 (2023: £19,218) and pension contributions of £1,622 (2023: £1,468) in his employed capacity of Pastor. At 31 December 2024 the Rev Aaron Abbey owed the church £419 (2023: £545). Rev Aaron Abbey received a gift of appreciation of £2,150.

At 31 December 2024 Carol McIntosh–Abbey, a trustee, owed the church £9,743 (2023: £9,599), the result of a loan provided to her in 2011. The loan is repayable by 2027 and interest is payable at a rate of 1.5% per annum.

At 31 December 2024 Henry Baiden, a trustee, owed the church £25 (2023: £25), the result of a loan provided to him in 2023.

The trustees made aggregate unrestricted donations of £12,856 (2023: £11,725) during the year.