## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **FINANCIAL STATEMENTS**
## **31[ST] MARCH 2025**
**Charity Number - 1102626**
## **THE PENTECOSTAL CHRUCH OF MANGEMBO**
## **Trustees**
Rev Augustin Ngenga MBONA
Mr. Julien MALUNDAMA
Mr. Nduami BUNI
Ms Marie LENDJE
Mr. Eben Ezer MBONA
## **Minister in Charge**
Rev Augustin Ngenga MBONA
**Charity number** 1102626
## **Registered address:**
25 Denyer House Highgate Road NW5 1BN
## **Accountants**
Abica Phil & Co Financial Accountants 1 Cotleigh Road West Hampstead London NW6 2NL
**Bankers** Barclays
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31[st] March 2025**
|**CONTENTS**|**PAGE**|
|---|---|
|Trustees annual report|**4**|
|Independent Examiner|**6**|
|Statement of the financial activities|**7**|
|Balance sheet|**8**|
|Notes to the financial statements|**9**|
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **TRUSTEES ANNUAL REPORT**
## **YEAR ENDED 31[st] March 2025**
The trustees have pleasure in presenting their report and accounts for the period ended 31[st ] March 2025.
## **Principal activities**
The charity’s principal activity during the year continued to be religious activities, education, training, and help for children, young and the elderly.
## **Review of the current year**
We have also ended the year with a loss due to a decrease in our income. We are still pursuing the purchase of our own building. We trust God that in the coming years it will be a reality.
## **The coming year**
All activities will continue. Various departments will run programmes as stated by the vision of the church.
The men group will focus on organising male members (adults) to be effective in the ministry. They will run seminars this year to empower them to be strong in the Lord. They will support every aspect of the ministry to reach their goals.
The women ministry will continue their social work. The bereaved, the sick and every person in need will benefit from their service. This year’s plan is to visit homeless people to share foods also to visit nursing homes to offer foods and clothes.
The youth and children department will carrying on with the set agenda of getting the youth off streets and teach them the Word of God.
Moreover, different other activities are planned this year such as Youth Prayer Meetings, music lessons, Seminars, drama and sketches. There will also be football and other recreational activities in summer.
Our mission work will continue in UK and Africa.
**- 4 –**
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **TRUSTEES ANNUAL REPORT** _**(continued)**_
## **YEAR ENDED 31[st] March 2025**
## **RESPONSIBLITIES OF THE TRUSTEES**
The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.
The law requires the trustees to prepare financial statements in accordance with the United Kingdom, General Accepted Accounting Practice (United Kingdom Accounting Standard and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit for that period.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply the Charities Act 1993, The Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed.
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 who served during the year were as follows:
Rev Augustin Ngenga MBONA Mr Eben Ezer MBONA Mr. Julien MALUNDAMA Mr. Nduami BUNI Ms Marie LENDJE
This report was approved by the board on 20[th] November 2025.
Julien Malundama Board of Trustees
**-5-**
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
**TRUSTEES ANNUAL REPORT** _**(continued)**_
## **YEAR ENDED 31[st] March 2024**
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts (under section 43 of the Act);
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 43(7) (b) of the Act); and
- to state whether particular matters have come to my attention.
## **BASIS OF THE INDEPENDENT EXAMINER’S REPORT**
My examination was carried out 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 I do not express an audit opinion on the view given by the accounts.
## **INDEPENDENT EXAMINER’S STATEMENT**
In the course of my examination, no other matter has come to my attention:
(1) which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
- proper accounting records are kept (in accordance with section 41 of the 1993 Act); and
- accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
20[th] November 2025
K. Mensan MBA, FFA, FCCA
**- 6 –**
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDED 31[st] March 2025**
|
**INCOMING RESOURCES**
Incoming resources from generated funds
Voluntary income: donations
Other income
Investment Income
**Total Incoming Resources**
**RESOURCES EXPENDED**
**Cost of generating funds:**
**Charitable expenditure**
Governance Costs
**TOTAL RESOURCES EXPENDED**
**Net Incoming(Outgoing) Resources**
Net Movement In Funds
Balance at 1stApril
Prior Year Adjustment
Balances at 31stMarch
|**Total Funds**
**2025**2024
**Note**
Unrestricted Restricted
2 239,517 0 239,517 146,685
2 0 0 0 0
3
0
0 0 0
**239,517 0 239,517**146,685
4
395,678 0 395,678 115,896
5
4,064
0 4,064 7,182
**399,742**
**0 399,742 123,078**
**-160,225**
**0-160,225**23,607
6 -160,225
0 -160,225 23,607
167,939
0 167,939 144,332
0
0 0 0
7**7,714**
**0 7,714 167,939**|
|---|---|
All movements are in Unrestricted Funds **The notes on page 8 to 13 form part of these financial statements.**
**- 7 –**
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **BALANCE SHEET**
|**YEAR ENDED 31**|**YEAR ENDED 31st March 2025**|**YEAR ENDED 31st March 2025**||||
|---|---|---|---|---|---|
|||**2025**|**2025**|**2025**|2024|
|||**£ £**|**£ £**|**£ £**|£|
||**Note**|||||
|**FIXED ASSETS**||||||
|Tangible assets
8|8||**500**|**500**1,000|1,000|
|**CURRENT ASSETS**||||||
|Debtors|9
|**588**||0|0|
|Cash at bank
10|10 **7,369**|**7,369**|||170,774|
||**7,957**|**7,957**|||170,774|
|**CREDITORS: Amounts falling due**||||||
|**within one year**|11
**(743)**|**(743)**|||(3,835)|
|**NET CURRENT ASSETS**|||**7,214**||166,939|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**|**TOTAL ASSETS LESS CURRENT LIABILITIES**||**7,714**167,939||167,939|
|**CREDITORS: Amounts falling due**|**CREDITORS: Amounts falling due**12|||||
|**after one year**|||**(0)**|**(0)**|0|
|**NET ASSETS**|||**7,714**||167,939|
|**TOTAL FUNDS**|||**7,714**||167,939|
These financial statements were approved by the board of Trustee on 20[th] November 2025.
Julien Malundama
Board of Trustees
**The notes on page 8 to 13 form part of these financial statements.**
**- 8 –**
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31[st] March 2025**
## **1. ACCOUNTING POLICIES Basis of accounting**
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2005).
## **Incoming Resources**
Income from tithes and offerings is included in incoming resources when these are receivable. Investment income consists of net interest received during the year and accounted for as unrestricted.
## **Resources expended**
Resources expended are included in the Statement of Financial Activities on accrual basis, inclusive of VAT which cannot be recovered. Certain expenditure is attributable to specific activities and has been in those cost categories.
## **Depreciation**
Depreciation is calculated so as to write off the cost of an asset on a straight-line basis over the useful economic life of the asset concerned. The principal rates used for this purpose which are consistent with those of past years as follows:
|Plant & Equipment|25%|
|---|---|
|Motor Vehicle|25%|
|Music Equipment|20%|
## **2. VOLUNTARY INCOME: DONATIONS**
|
Tithes & Offerings
Gift aid
Thanksgivings
|**Total Funds**
**2025**
**£**
**239,517**
**0**
**0**
**239,517**|2024
£
146,685
0
0
146,685|
|---|---|---|
**-9 –**
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31[st] March 2025**
|||**2025**|2024|2024|
|---|---|---|---|---|
|||**£**|£||
|**3. INVESTMENT INCOME**|||||
|Bank interest received||**0**||0|
|||**0**||0|
|**4. COSTS IN FURTHERANCE OF CHARITABLE OBJECTS**|||||
|||**Total Funds**|||
||**2025**||2024||
|||**£**|£||
|**Provision of charitable services:**|||||
|Ministers salaries||**53,300**
|45,600||
|PAYE & NIC||**1,100**|38||
|Pension||**1,309**|1,181||
|Hospitality||**0**|6,250||
|Short Term Lease (Building)||**308,399**|||
|Travelling expenses||**0**
|2,140||
|Premises||**2,790**|||
|Training||**0**|650||
|Hall Hire||**21,610**|59,587||
|Members Welfare|
|**7,170**
|450||
||**395,678**||115,896||
|**5. GOVERNANCE COSTS:**|||||
|||**2025**
|2024||
|||**£**
|£||
|Repairs||**0**
|0||
|Bank charges||**80**|120||
|Telephone||**0**
|0||
|Postage, printing & stationeries||**0**|890||
|Insurance||**251**
|239||
|General expenses||**883**|269||
|Accounts fees||**1,740**
|1,440||
|Professional fees||**610**
|2,568||
|Depreciation||**500**
|1,656||
|||**4,064**
|7,182||
No Salaries or benefits have been paid to trustees, including the members of the various departments during the year.
**- 10 -**
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **NOTES TO THE FINANCIAL STATEMENTS**
**YEAR ENDED 31[st] March 2025**
## **6. NET MOVEMENT IN FUNDS**
The net movement in funds for the year is stated after charging depreciation on tangible fixed assets:
|Depreciation
**7.**
**FUNDS**
Unrestricted
Funds
**£**
**At 1st April**
**167,939**
**Prior Year Adjustment**
**0**
Surplus / (Deficit) for the year
**-160,225**
**At 31st March**
**7,714**|
Restricted
Funds
**£**
**0**
**0**
**0**
**0**|**2025**
**£**
**500**
**Total**
**2025**
**£**
**167,939**
**0**
**-160,225**
**7,714**|
|---|---|---|
||||
Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objects. Restricted funds are funds which have been given for particular purposes and projects.
**- 11 -**
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31[st] March 2025**
## **8. TANGIBLE FIXED ASSETS**
|Plant &
Motor
Equipment
Vehicle
**£**
**£**
**COST:**
At 1stApril 24
3,550
15,205
Additions
0
0
Disposals
0
0
**At 31st March 25**
**3,550 15,205**
**DEPRECIATION**
At 1stApril 2024
2,550
15,205
Charge for the year
**500 0**
Disposals
0
0
**At 31st March 25**
**3,050 15,205**
**NET BOOK VALUE**
**At 31st March 25**
**500**
**0**
At 31stMarch 24
1,000 0
**9. DEBTORS**
**HMRC**
**10. BANKS**
Current Account
Deposit Account
-12-|Plant &
Motor
Equipment
Vehicle
**£**
**£**
3,550
15,205
0
0
0
0|Plant &
Motor
Equipment
Vehicle
**£**
**£**
3,550
15,205
0
0
0
0|
|---|---|---|
||**3,550 15,205**||
||
2,550
15,205
**500 0**
0
0||
||**3,050 15,205**||
|||
|
||||
||||
## **THE PENTECOSTAL CHURCH OF MANGEMBO**
## **NOTES TO THE FINANCIAL STATEMENTS**
**YEAR ENDED 31[st] March 2025**
## **11. CREDITORS: Amounts falling due within one year**
|
Pension
Salary
HMRC
**12.**
**CREDITORS: Amounts falling due after one year**
|**2025**
**£**
**256**
**487**
**0**
**743**
**2025**
**£**
**-**|2024
£
229
3,331
275
3,835
2024
£
**-**|
|---|---|---|
## **13. TAXATION**
As a charity, there is exemption from taxation on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **14. RELATED PARTY TRANSACTIONS**
No payments were made to trustees or any other persons connected with them during this financial period in their capacity as trustees. No material transaction took place between the Charity and a trustee or any person connected with them.
**-13 -**