Client: SHIELD OF FAITH MINISTRIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR 2024 COLINSON AND COMPANY LTD 210 CHURCH ROAD REGENT 88 OFFICES LONDON EIO 7JQ • Accountants and Tax Consultants Tel: 02081271180 SHIELD OF FAITH MINISTRIES CONSOLIDATED FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS PAGES I. CHARITY INFORMATION 2. ACCOUNTANTS, REPORT 3. REPORT OF THE TRUSTEES 4. BALANCE SHEET 5. INCOME AND EXPENDITURE ACCOUNT 6. NOTES TO THE ACCOUNTS SHIELD OF FAITH MINISTRIES CONSOLIDATED FINANCIAL STATEMENT CHARITY INFORMATION FOR THE YEIlR ENDED 31 MARCH 2024 CHARITY NUMBER: 1096575 REGISTERED OFFICE: 33 Penryhn C￿sCent Walthamstow London E175BH ACCOUNTANTS: Colinson and Company Ltd Accountants & Tax Consultants 113 Regent 88 Offices 21 O Church Road London EIO 7JQ Page I ACCOUNTANTS, REPORT TO THE TRUSTEES OF CONSOLIDATED FINANCIAL STATEMENT SHIELD OF FAITH MINISTRIES FOR THE YEAR ENDED 31 MARCH 2024 We have examined the financial statements on pages 5 to 8 which have be¢n prepared under the accounting policies set out on page 4 for the year ended 31 March 2024. ective res onsibilities of Trustees and Examiner The Trustees are responsible for the preparation of accounts. and they consider that an audit is not required for this year under the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is our responsibility to examine the accounts under the 201 l Act. to follow the procedures laid down in the General Directions given by the Charity Commissioners under the 201 l Act). and to state whether particular matters have come to our attention. BAsi$ of O inion We conducted our examination in accordance with the 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 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 we do not express an audit opinion on thc view given by the accounts. inion In connection with the examination, no matter has come to our attention: which gives us reasonable cause to believe that in any material respect the rcquir¢mcnts to keep accounting records in accordance with the 201 l Act. and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 201 l Act have not been met. or to which, in our opinion, attention should be dram￿ in order to enable a proper understanding of the accounts to be reached. SON AND COMPANY LTD Accountants & Tax Consultants 113 Regent 88 o￿lee8 210 Church Road London EIO 7JQ /D_ Page 2 SHIELD OF FAITH MINISTRIES CONSOLIDATED FINANCIAL STATEMENT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their report along with the financial statements of the charity for the year ended 31 March 2024. The financial statements have bcen prepared in accordance with thc accounting polkcies set out on page 4 and comply with the charity's trust d¢¢d and applicable below. Constitution and ob ects The Shield of Faith Ministries is constituted under a trust deed and is a registered charity number 1096575. The objects of the charity are worshipping of God, spreading the word and preaching the Gospel of Christ and the life after life, to contribute to the health and educational needs of the community. anisation The trustees who have served during the year and since the year end are set out below:. Alfred Samuels (Mr) Dwight Omar Affon Mccook Jacqueline Samuels Gwendolyn Barw¢ll Tyrone Samuels Noaline Osborne Gordon Nadin¢ Stephens Reserves Polic It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately six months unrestricted expenditure. This provides sufficient fLmds to cover management and administration and support costs and to respond to emergency applications for grants which arise from time to time. Unrestricted funds were maintained at this Revel throughouL the year. RAsk Mana emellt The Trustees have examined the major strategic, business and operational risks which the charity faces and confLrn] that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. 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