SHALOM MINISTRIES INTERNATIONAL FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024
SHALOM MINISTRIES INTERNATIONAL
INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 MARCH 2024
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 2024. The trustees have adopted the provision of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1092695
Registered office 24 Long Leave Stevenage Hertfordshire SG2 9AY
Trustees Mrs Sabrina MacCarthy Rev. Ben Osei Owusu Ansah Pastor Joy Ani
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 training.
21…day of …July….2024
Trustee; Mrs Sabrina MacCarthy………………………………………………………..
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHALOM MINISTRIES INTERNATIONAL
Independent examiner's report to the trustees of Shalom Ministries International I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
Having satisfied myself that the accounts of the Charity is not required to be audited under and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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Accounting records were not kept in respect of the Charities Act as required ; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no 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.
Grace Danso FCCA Date: 22/07/2024
SHALOM MINISTRIES INTERNATIONAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED MARCH 31, 2024
| INCOMING RESOURCES From Charitable Activities Gift and Donations Gift Aid Grant RESOURCES EXPENDED Charitable donations Professional fees/Insurance Administration Expenses Pastorial /Events expenses Ministerial expenses/ Leadership training Depreciation Payroll expenses Motor expenses Rent & Rates Shalom centre expenses (Missions) Welfare expenses Dues and subscriptions Bank charges Advertising Expensed equipments Total Resources Expended Surplus/Deficit |
RESTRICTED UNRESTRICTED FUNDS FUNDS 2024 2023 0 46,788 32,090.59 21,034 17,173.51 0 0 0.00 0 67,822 49,264 100 100 1,350 1,550 685 490 2,781 2,265 1,610 2,532 125 125 11,880 12,109 2,251 442 11,155 10,982 12,105 9,000 1,343 1,878 0 100 0 70 42 355 1,508 590 0 46,934 42,588 20,888 6,676 0 20,888 6,676 |
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SHALOM MINISTRIES INTERNATIONAL BALANCE SHEET AS AT MARCH 31, 2024
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2024 2023
FIXED ASSETS
Plant and Equipments 10576
Additions 0
Accummulated Depreciation -9688 888 1,013
Fixtures and fittings 13771
Accummulated Depreciation -13771 0 0
888 1,013
CURRENT ASSETS
Bank 105932 83,928
Cash in hand 0 861
NET CURRENT ASSETS 105,932 84,789
CURRENT LIABILITIES
Creditors 249 0
Payroll Liability 143 163
Accruals 700 800
Total Current Liabilities 1,092 963
Net Assets 105727 84839
Financed By
Ristricted Funds 0 0
Opening Balance Equity 84,839 78,163
Surplus/Deficit 20,888 6,676
Funds available to members 105727 84839
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