REGISTERED COMPANY NUMBER.. 04792839 (England and Wales) REGISTERED CHARITY NUMBER: 1099434 REPORT OF THE TRUSTEES AND NAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR THE RHEMA MISSION
THE RHEMA MISSION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Page Report of the Trustees 1 to 3 Ind&nd*t Examlnèes Rèport Stat•m•nt ol Flnanelal Aetl¥W•s Balance Sheet Notes to the Flnanclal 8tatsments 7 to 12 talled Stst•ment of Flnanclal Actlvbtles 13
THE RHEMA MISSION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recomm8nd8d Practic8 applicabl8 to chanties preparing their accounts in accordance with thè Financial Rèporting Standard applirablé in the UK and R8public of Irèland IFRS 1021 (Èffectivè 1 January 20191. OBJECTIVES AND ACTIVITIES Obj8Ctives and alrns al To advance the Christian R81igion. bl To relieve person5 in Uganda vtho are in need, hardship and distress. cl To promote education in accordance with the principals ol the tenets ol the ¢hristian faith by establlshing and maintalning a Church, Bible School, Day School and Health Centre. ACHIEVEMENT AND PERFORMANCE Charltablè aetlvltl•s Continuation of renovation & improvements to Rode Heath Chapel. Pastoral support given to both Church rnernbers & village residents, induding home visits, telephone contact & help wlh transport t¢ mèdical appointments & shopping. Raising awarènéss of thè Church & inwling local peoplè to engage wth seNi¢¢s & speoal $vents via email, lo¢al group$ on social media. our own social media groups & via leaflet drops. Facilitated community carol singing around the Christmas tree in Roje Heath. including provision of card sheets & sound system to play backing tracks lor carols. Easter Farnily Funday (free event) for the community induding games. crafts & acD'vities for all the farnily. Summer Family Funday Ilree evtrntl for the MMunItY including boUY ¢astle, soft play, crafts, 98m&$ & activities lor all the family. Pumpkin Paty- Hall¢M$n altemative (free ev•nll to ¢¢l$brate everything th8t is good, inviting families to ¢Jrop in for some positive fun & games in a sale space. The Christmas StoV Ilree ev&ntl for th6 community indudiThJ crafts, gifts, soft play, Christmas iherned drama, opportunity to inleracl with animals from the Mini Mobile Farm. Acting as local drop-off point lor Alsagef & Dislricl Foodbank & active involvement of our member5 into Ihe operation of the charity & donations ol food items. Knit and Natter group meeting on 8 bi-weekly basis. open lo all mtrmbers of the community to provide friendship & support. Knitted items made & donated to homeless charity. Pastoral support offerad & provid6d to group mèmbers. - Supporting homeless charity in Stoke on Trent wth knilted it&ms from Knit & Natter Group to be distributed to the homelass to help them keep warrn. Woolen hats knitted lor new born babies & donaled lo local matemity unil. Little Tols Baby & Toddler Group meeting on a wEekly basis. providing 8 place for parentslgrandparents ¢0 bring their babies or toddlers to interact with each olher, along with Iriendship & support lor the adults. Weekly Open House Meetings 8llem8tin9 belween prayer meetings & bible studies followed by refreshments open to all who would like to attend. Freedom Sunday event, raising awarentrss ol the charity"On& by One. who seek to liberate chikyran from slavary in Alrlca & Asia, to give Ihern a sale home, education & hope for ihe luture. Financial support sent to Christian Minislry taking aid & relief lo injured & diSplad people in Ukraine. Sunday rnorning services at Rode Healh Chapel ¥thich were also lived streamed or recorded & uploaded lo YouTube lo support those unable to get along in person or vtho wanleil lo watch around the - School assemblies condu¢t6d every half term at WhtLè9atè Primary S¢hwl neai Northwch, Cheshire. FINANCIAL REVIEW Reserves policy The Trustees have vieWed the Charitls needs lor reserves in line wilh guidance issued by Ihe Charity Comrnission.The Trustees meet on a quarterfy basis. Income and Expenditure is monilored on a regular basis to ensure they are adequate for the Charitys needs. General Overvlew of the year The income ol the charity amounted to £38,416 12023- £35,697). Expenditure amounted to £43,098 12023- £42,466). Page 1
THE RHEMA MISSION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 FUTURE PLANS Senior Citizens Group. Group for families to enjoy fellowship & leam about the Christian faith. Dev&loprnent of Fellowship & Support Groups lor men & the elderfy. D8veloprnent ol work into local sch(x)Is. Children's Holiday Club. - Youth group to meet the needs of the young people in the church and the area. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity is constituted a5 a company, limited by guarantee arhd is therefore govemed by a Memorandum 8nd Arb'cles of Association dated g June, 2003. R?cruitment and appointrn?nt of new trustees The charity seeks the appointment ol new Trustees trom persons who share the same ethos seeking to identify those considered suitable to provide a balance of skills and Stngth$. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 04792839 IEngland and Walesl Reglstered Charlty nUMr 1099434 R•gl8t•r•d offle• 18 Heath Avenue Rode Heath STOKE-ON-TRENT ST7 3RY Trustees Mr S King Mrs. A King Mrs. A S¢offins Mrs. A James Mrs J L Ashton Mr C S Ashton Mrs E Lin (resigned 30.7.231 Mr K Lin (resigned 30.7.231 Miss A Scoffins Mrs S Parr lappointed 17.11.241 Company Secretary Mr S King Independent Examlner Miss C. M. Tams Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 OHL PUBLIC BENEFIT The trustees have referred to the guidance contained in Ihe Charity Commission's general guidance on public benefit and complied wth section 17 151 of the 2011 Charities Act %then rewewing the aims and objectives prior to planning 8nd developing 8ctiviti6s.ln p8rticLJlar, thè TnJst*Ès considèr how plann8d acbvibès wll contributa to th& aims and objèctives théy have set. Page 2
THE RHEMA MISSION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 TRUSTEES. RESPONSIBILrrY STATEMENT The trustees (who are also the directors of The Rhema Mission for the purposes of o)mpany lawl are responsible for preparing the Report of the Trustees and the financial statements in accordance applicable law and United Kingdorn Accounting Standards Iunitgd Kingdorn Gerherally Accepteil Accounting PractsGel. Company law requires the trustees to prepare financial stalements lor each financial year vthich give a true and fair view of the state ol allairs of the charitable company and ol the incoming resources and application ol resources, including the income and expenditure, ol the charitable company for thal period. In preparing those financial sialements, the trustees are required io select suilabb accounting polie5 and then appty them consislenUy- observe the methods and principles in the Charity SORP.. make judgements and eslimales that are reasonable and prudent: prepare the financial slalements on the going concern basis unless it is inappropriaie to presume ihat the charitable company will continue in business. The tru5tee5 are responsible for keeping proper a¢¢ounting record5 which di10$? t reasonable accuracy at any 11rn8 thè financi81 position of the charitable company and to en8ble them lo ensure that the financial ststemen15 cornply with thè Companies Act 2006. Thèy are also responsiblè lor safeguarding the assets ol Ihè ¢harltabl$ ¢ompany and hence lor taking reasonablè steps lor the prevention and dettIOn of fraud and other irregulanlies. This report has been prepared in accordance wlh th8 special provisions of Part 15 of th8 Companies Act 2006 relating lo srnall companie5. Approved by order of th& b08rd ol twslees on ............................................. and signed on its b¥half by.. Mr S King - Trustee Page 3
INDEPENDENT EXAMTNER'S REPORT TO THE TRUSTEES OF THE RHEMA MISSION Independent examinerfs report to the trustees of The Rhema Mission llhe Compan) I report to the charity trustees on my examination ol Ihe accounts ol the Company for the year ended 30 June 2024. Responsibilities and basis of report As the charitys trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of thg accounts in a¢Gord8nce with the requirernents of the Companies Ad 2006 Ilhe 200fj Act'i. Having satisfied myself thal the accounts ol the Company are nol required to be audited under Part 16 01 the 2006 Act and are eligible lor independent examination, l port in SpeCt of my examination ol your charity's accounts as carried out under Section 145 01 the Charities Act 2011 Ilhe 2011 ACVI. In carying out my examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Acl. Independent examlner's ststement I have completed my examination. I confim Ihat no mattets have come to my attention in connection wlth the examlnation giving me cause to believe.. accounting records re not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records: or the accounts do nol comply with the accounting requirements of Section 396 of the 2006 Act other than any requiremenl that the accounts give a true arhd fair view which is not a matter considered as part of an independent examination., or thè accounts have nol begn propared Sn acctydan¢* 1h the mgthod$ and prfndples of th& Statement of Recomrnended Practice lor accounting and reporiing by charities (applicable to charities preparing their accounts in accordance wth the Financial Reports'ng Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no olher matter5 in connection wlh the eXarnInatn to which attention should be drawn in this report in order lo enable a proper und$tanding ol the accounts to be aChed. Mlss C. M. Tams Smethurst & Co LLP 12 Abbey Road GRIMSBY DN32 OHL Date.. Page 4
THE RHEMA MISSION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 30.6.24 Total funds 30.6.23 Total funds unSIncted fund Restricted funds Notes INCOME ANO ENDOWMENTS FROM Donations and 18gaci8S 35.763 2.630 38.393 35.688 Investment income 23 23 Total 35.763 2,653 38.416 35.697 EXPENDITURE ON Charitable activities Core 39.945 3,153 43,098 42,466 NET INCOMEIIEXPENDITUREI 14,1821 15001 14.6821 16.7691 RECONCILIATION OF FUNOS Total funds brought forward 156.696 2,233 158,929 165,698 TOTAL FUNDS CARRIED FORWARD 152,514 1,733 154.247 158.929 The notes fomi part of these finanaal statements Page 5
THE RHEMA MISSION BALANCE SHEET 30 JUNE 2024 30.6.24 Total funds 30.6.23 Total funds unSInC1ed fund Restricted funds Notes FIXED ASSETS Tangible assets 140.231 140.231 142.936 CURRENT ASSETS Debtors Cash at bank 1,366 16.671 1,366 18.404 1,071 19,362 1,733 18,037 1,733 19.770 20.433 CREDITORS Amounts falling due within one year 10 15.7541 15,7541 14,4401 NET CURRENT ASSETS 12.283 1,733 14.016 15.993 TOTAL ASSETS LESS CURRENT LIABIUTIES 152.514 1,733 154,247 158,929 NET ASSETS 152,514 1,733 154.247 158.929 FUNOS Unreslricled funds Restricted funds 12 152,514 1,733 156,696 2,233 TOTAL FUNDS 154.247 158,929 The charitable cornpany is entitled to exemplion from audit under SeCrn 477 of Ihe Companies Act 2006 lor the year ended 30 June 2024. The mgmbèrs havg not rUIred thg company to obtsin an audii of its finan¢ial $tstem&nt$ for thg year gndgd 30 June 2024 in accordance with Section 476 01 the Companies Acl 2006. The trustees acknowledge their responsibilities lor lal ensuring that the charilable company keeps aon11ng records Ihal cornply wih Seth'ons 386 and 387 of the Companies Act 2006 and preparing financial $tsternents which give a Iru¥ and fair view of the ststo of 8ffairs of the charitable company as at thè and of each financial year and of its surplus or deficit for each financial yèar in accordanc* wth thè rèquirèmènts of Sections 394 and 395 and bthich otheMse comply wth the requirements of the Companies Act 2006 relating lo financial statements, so far as applicable lo the charitable company. Ibl These financial statements have been prepared in accordance Ihe prowsions applicable to charitable companies subject to the small Companies regirne. The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its beham by.. Mr S King - Trustee The notes fomi part of these finanaal statements Page 6
THE RHEMA MISSION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 ACCOUNTING POLICIES Basls of preparfng the flnanclal ststements The financial statgment5 of the charitable company, which is a public benefit entity under FRS 102, have been prepared in aGwrdance with the Charities SORP IFRS 1021 Accnting and Reporting by Charities.. Statement of Recommended Practice applicable to charities pparing thetr accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The financial staiements have been prepared under the historical cost convents'on. Incom• All Income is recognised in the Statemenl ol Financial Activities once the charity has entiuement to thè funds. it Is probable that the income wll be r¢¢eive<l anil the amount ¢an be measured reliably. Expendltur Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, il is probable that a transfer of economic benefits will b8 required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been Classified under h$adings that aggrègattr all ¢o$l related to the ¢ategory. Where ¢ost$ ¢annot be dire¢tly attributed to parti¢ular headings they have been all¢Kaled to a¢ts"vitses on a basis ¢onsistent wth the us$ ol restsur¢es. Grants offered subject to conditions which hav6 not been met al lh& year end date are noted as a commitment but not accrued as expenditure. Tanglbl• flx•d a88•ts Depreciation is prtswded al Ihe followng annual rates in order lo write off e8¢h assel over ils trslimaled useful life. Freehold property Plant and machinery Fixtures and fittings Computer equipment 2•/• Straight Line 25Yo Reducing Balance 25°/0 Reducing Balance 33% Slraighl Line Included in freehdd property is land of £50.IJOO vthich is not depreu81ed. The cost of mlnor addltions of lèss than £250 arg nol capitalisgd. Taxatlon The charity 15 exempl from corporabon lax on its charitable activiiies. Fund accountlng Unrestrict8d funds can be us&<l in a¢cordan wlh the ¢harit8bl& obj&ctiv¥$ at the di$¢tIOn of th¥ trusteOS. Restricted funds can only be used for particular restricted purposes wthin the objects of the charity. Restrictions arise when specified by the dOrr or when funds are raised for particular resiricted purposes. Further explana¢ion of the nature and purpose of each fvnd is incIed in Ihe noles to Ihe financial slalemenls. Page 7
THE RHEMA MISSION NOTES TO THE FINANCIAL STATEMENTS- continu FOR THE YEAR ENDED 30 JUNE 2024 INVESTMENT INCOME 30.6.24 30.6.23 Interest received 23 GRANTS PAYABLE 30.6.24 30.6.23 Core 745 1,087 The total grants paid to institutksns during Ihè year was as follows.. 30.6.24 30.6.23 Other Institutions 205 575 Thtr total grants p8id to individval$ during th$ year was a$ follo.. 30.6.24 30.6.23 Other Individuals 540 512 NET INCOMEIIEXPENOITUREI N$t in¢omellexpenditurel 1$ slated after chargin1941tin9}'. 30.6.24 30.6.23 Independent examiner fee Depre¢i8tion - owned assets 907 2,705 859 2,793 TRUSTEES. REMUNERATION AND BENEFITS 30.6.24 30.6.23 Tru51ee$' 3alaries 20,780 20,400 Trustees s8lari8s ralate to èmploym6nt services prodelI by Mr. S and Mrs. A. King. 30.06.24 30.06.2023 S King A King Total 20,780 Total 20,400 Trustees. salaries Trust••s' txpènsès 30.6.24 30.6.23 TrustÈ*s' expansès 3,198 3,400 Trustees expenses are reimbursements for employmenl related expenses to Mr S King. Page 8
THE RHEMA MISSION NOTES TO THE FINANCIAL STATEMENTS- continu FOR THE YEAR ENDED 30 JUNE 2024 STAFF COSTS The average monthly number of employee5 during the year was as follows- 30.6.24 30.6.23 Core No employees received emoluments in excess of£60.000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 32,713 2.975 35,688 Investment income Total 32,713 2,984 35,697 EXPENDITURE ON Chorltsbl• •¢tlvltl*$ Core 37,653 4,813 42.466 NET INCOMEIIEXPENOITUREI 14,9401 11.8291 16,7691 RECONCILIATION OF FUNDS Total funds brought forward 161,636 4,062 165,698 TOTAL FUNDS CARRIED FORWARD 156,696 2,233 158,929 TANGIBLE FIXED ASSETS Fixtures and fittings Freehold propety Plant and machinery Cornputer equipment Totsls COST At 1 July 2023 an¢J 30 June 2024 164.631 7.567 6,599 870 179,667 DEPRECIATION At 1 July 2023 Chargè for ar 23,086 2.293 6.478 272 6,361 55 786 85 36,731 2,705 At 30 June 2024 25.379 6,750 6,436 871 39,436 NET BOOK VALUE At 30 June 2024 139.252 817 163 140,231 At 30 Jung 2023 141.545 1.089 218 142,936 Page 9
THE RHEMA MISSION NOTES TO THE FINANCIAL STATEMENTS- continu FOR THE YEAR ENDED 30 JUNE 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.24 30.6.23 Other debtors 1,366 1,071 10. CREOITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.24 30.6.23 Other creditors Trustees balances 802 4,952 766 3,674 5,754 4,440 LEASING AGREEMENTS Minirnum lease payments under non-carhcellable operab'ng leases lall due as fdlows.. 30.6.24 30.6.23 Within one year Between one and five years 432 432 864 12. MOVEMENT IN FUNDS Net movement in funds At 30.6.24 Al 1.7.23 Unrestrlet•d lunds General fund 156,696 14,1821 152,514 Restrlcted fund¥ Missions Special Projecis 25 15251 25 1,708 2.233 2,233 15001 1,733 TOTAL FUNDS 158.929 14,6821 154,247 Net rnovemenl in funds, included in the above are as follows= Incoming resources Resources exp8nded Movement in funds Unrestrlcted funds General fund 35,763 139,9451 14,1821 Restricted funds Missions Special Projects 230 2,423 12051 12,9481 25 15251 2,853 13,1531 15001 TOTAL FUNDS 36.416 143,0981 14,6821 Page 10
THE RHEMA MISSION NOTES TO THE FINANCIAL STATEMENTS- continu FOR THE YEAR ENDED 30 JUNE 2024 12. MOVEMENT IN FUNDS- continugd cOmparaVe$ for movement In funds Net movement in funds At 30.6.23 Al 1.7.22 UnrestrlctÈd funds Gener81 fund 161.636 14,9401 156,696 Restrlcted funds Special Projects 4,062 11,8291 2,233 TOTAL FUNDS 165.698 16,7691 158,929 Comparative n$1 movemenl in funds. in¢luded in Ihe above are as follows.. Incoming resources Resources expended Movement in funds Unr88trlet•d funds General fund 32.713 137,6531 14,9401 Restrlcted funds Missions Special Projecis 575 2.409 15751 14,2381 11,8291 14,8131 11,8291 TOTAL FUNDS 35.697 142,4661 16,7691 A current year 12 months and prior year 12 mnths combined F#)sition is as follows.. Nel movement in funds Al 30.6.24 At 1.7.22 Unrestrlcted funds General fund 161,636 19,1221 152,514 Regtri¢ted fvnds Missions Speci81 Projects 25 12,3541 25 1,708 4,062 4,062 12,3291 1,733 TOTAL FUNDS 165.698 111,4511 154,247 Page11
THE RHEMA MISSION NOTES TO THE FINANCIAL STATEMENTS- continu FOR THE YEAR ENDED 30 JUNE 2024 12. MOVEMENT IN FUNDS- continugd A current year 12 months and prior year 12 months combined net movement in ftjnds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unr8Strlcted lund$ General fund 6B.476 177,5981 19,1221 Restricted funds Missions Special Projecis 17801 17,1861 25 12,3541 4.832 5.637 17,9661 12,3291 TOTAL FUNDS 74.113 185,5641 111,4511 Restrfcted Funds The Missions fund provided supporl to Ukraine Christian ministries with their relief efforts. & 'One to One. who seek to liberate children trom slavery in Africa & Asia. io give them a sale home. education & hope for the future. during the year. We do not currently send funds lo Uganda, but Ihis may resume in Ihe future. The 8uilding lund becam¢ the $pe¢ial projects fuThJ during 2022. 11 receives donation$ for the improvement of premises and for any special events lor the local church, lo be spent al the Tmstees discretion. There was £1708 in hand at the year end, which will be spent after 30.06.24. plus £25 donakn.ons for Ukraine not yet paid out at 30.06.24. 13. RELATED PARTY DISCLOSURES Amounts donated ¢0 Th? Rhèrna Missitin dvriThJ Ihe ye8r by Injslees were t4.115 12023- £6,050>. Page 12