SHALOM MINISTRIES INTERNATIONAL FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2021
SHALOM MINISTRIES INTERNATIONAL INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2021
Trustee Report.
We certify that the attached Financial statements correctly reflects the charities activities for the financial year.
The trustees of the charity present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provision of the Statement of Recommended Practice (SORP) 'Accounting and Peporting by charities' issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1092695
Registered office 24 Long Leave Stevenage Hertfordshire SG2 9AY
Trustees Sabrina MacCarthy Rev. Ben Osei Owusu Ansah Rev. Margaret MacCarthy
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitution
Recruitment and appointment of new trustees
Two Board Members are nominated by two of the trustees
three persons may be co-opted. The elected members are elected for a period of Four years at a time Membership of the Charity is open to all the residents of the community and the general public Induction and training of new trustees
On appointment, new trustees to the charity are provided with copies of, or are directed to the Charity Commission briefing material covering a trustee's job description and what the Essential Trustee' needs to know. No formal training is deemed necessary for a new trustee. On the job training is deemed to be best method of trainng.
18…day of …November….2021
Trustee;
Mrs Sabrina MacCarthy………………………………………………………..
SHALOM MINISTRIES INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED MARCH 31, 2021
| INCOMING RESOURCES From Charitable Activities Gift and Donations Gift Aid Grant RESOURCES EXPENDED Programmes & Events Professional fees/Insurance Administration Expenses Pastorial expenses Ministerial expenses/ Leadership training Musicians Hire Expenses Salaries Motor expenses Rent & Rates Shalom centre expenses (Missions) Welfare expenses Dues and subscriptions Total Resources Expended Surplus/Deficit |
RESTRICTED UNRESTRICTED FUNDS FUNDS 2021 2020 0 28,914 47,903 22,396 7,992 7793.7 7,794 0 0 59,103 55,895 0 1,936 600 1,050 560 1,994 850 550 3,300 4,750 0 540 13,554 23,328 85 1,105 4,454 14,091 5,950 1,250 1,834 2,765 600 600 0 31,786 53,961 27,317 1,934 0 27,317 1,934 |
|---|---|
SHALOM MINISTRIES INTERNATIONAL BALANCE SHEET AS AT 31 MARCH 2021
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2021 2020
FIXED ASSETS
Plant and Equipments 9313
Additions 763
Accummulated Depreciation -9313 763 0
Fixtures and fittings 13771
Accummulated Depreciation -13771 0
Motor Vehicle 6995
Accummulated Depreciation -6995 0
763 0
CURRENT ASSETS
Bank 91,809 60,406
Cash in hand 0 639
NET CURRENT ASSETS 92,572 61,045
CURRENT LIABILITIES
Creditors 3,142 0
Payroll Liability 1,107 39
Accruals 600 600
1,707 639
Net Assets 87723 60406
Financed By
Ristricted Funds 0 0
Opening Balance Equity 60,406 58,471
Surplus/Deficit 27,317 1,935
Funds available to members 87723 60406
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SHALOM MINISTRIES INTERNATIONAL
Report of Trustees
Meeting commenced at 19:30 hours. In attendance were: Meeting held on Monday 11[th] October 2021
Pastor Margaret, Pastor Edward, Sabrina MacCarthy, Rev Ben Osei Owusu Ansah, Joy Ani
Minutes of the last meeting
Minutes of the last meeting was read by Pastor Margaret MacCarthy.
Corrections and acceptance of minutes
Pastor Margaret accepted the minutes seconded by Rev. Ben.
Pastor Margaret commented on the challenges during the year due to the pandemic. She commended the team for their hard work and also the support the church has been able to offer to members and the community.
The charity was able to invest in a new camera, lighting systems and a laptop to aid in internet connections and online streaming during lockdown. We were able to keep in touch with the community three times each week to pray, council and support the needy.
Pastor Margaret also said that, online leadership training and mentorship support and training seminars. Online training to support people on how to use social media; face book, what’s up. Google training to connect with people, start up online business etc.
Women’s meeting to address and discuss how to deal with singleness and loneliness.
Pastor Margaret and Pastor Edward share their concern on the issue of members not communicating with the church when they are unable to attendance meetings to be better supported.
Pastor Edward mentioned having membership classes where members and Pastors relationship can be taught.
Pastor Margaret also mentioned that Shalom was invited to discuss the journey of Easter on Voice of Islam. How to encourage the community in Covid 19 period
Youths
Online Classes are ongoing. Young adult sessions to prepare for university life
Sunday school
Meetings with the children to discuss how they feel and how they are doing during home school.
Welfare
Food bank - support to members and the community with bags of rice and other food stuff.
Supported drug and alcohol group in the community during the period
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF: SHALOM MINISTRIES INTERNATIONAL
I have examined and reported on the accounts of SHALOM MINISTRIES INTERNATIONAL for the year ended 31 March 2021.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. It is my responsibility to:
Examine the accounts under section 43 of the 1993 Act,
To follow the procedures laid down in the general Directions given by the Charity
Commission (under section 43(7)(b) of the 1993 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 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 the 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 statement below
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
Which gives me reasonable cause to believe that in, any material respect, the requirements:
-
~ To keep accounting records in accordance with section 41 of the 1993Act; and
-
~ To prepare accounts which accord with the accounting records and comply with the
Accounting requirements of the 1993 Act have not been met; or
- To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed; gracedanso
Name; Grace Danso FCCA
Professional Body; ACCA