# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
# **KINGDOM CONCEPTS MINISTRIES**
**(CHARITABLE INCORPORATED ORGANISATION)**
**CHARITY REGISTRATION No: 1103984**
**COMPANY REGISTRATION No: 05113914**
Independent Examiners Ltd Unit 2
The Broadbridge Buisness Centre Delling Lane Bosham West Sussex PO18 8NF
1
## **KINGDOM CONCEPTS MINISTRIES**
||**CONTENTS**|
|---|---|
|Page 3|Legal & Administrative Information|
|Pages 4 to 6|Trustees' Annual Report|
|Page 7|Statement of Financial Activities|
|Page 8|Balance Sheet|
|Pages 9 to 15|Notes to the Financial Statements|
|Page 16|Independent Examiner's Report|
2
## **KINGDOM CONCEPTS MINISTRIES**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **CHARITY NUMBER**
**CHARITY NUMBER** 1103984 **COMPANY REGISTRATION NUMBER** 05113914 **DATE OF INCORPORATION** 27th April 2004 **START OF FINANCIAL YEAR** 1st April 2020 **END OF FINANCIAL YEAR** 31st March 2021 **TRUSTEES AT 31ST MARCH 2021** B G Byfield H M C Nelson N Francis
**GOVERNING DOCUMENT** Memorandum & Articles of Association Incorporated 27th April 2004.
## **OBJECTS**
To advance the Christian faith on accordance with the Statement of Belief appearing in the schedule hereto in Birmingham and in other such parts of the United Kingdom and the World as the Director from time to time may think fit and to fulfil such other purposes which are exclusively Charitable according to the Laws of England & Wales and are connected with the Charitable work of the Charity.
## **REGISTERED ADDRESS**
Kingdom Concepts Ministries Elmwood URC 45 Hamstead Hill Handsworth Wood Birmingham B20 1BU
## **BANKERS**
Santander UK PLC 2 Triton Square Regent's Place London NW1 3AN
## **INDEPENDENT EXAMINER**
Kim Gomes MAAT Independent Examiners Ltd Unit 2 The Broadbride Buisness Centre Delling Lane Bosham West Sussex PO18 8NF
3
## **KINGDOM CONCEPTS MINISTRIES**
## **TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2021**
**Office & Place of Worship:** 45 Hampstead Hill Handsworth Wood Birmingham B20 IBU
## **Objectives and Activities**
## _**Object of Charity**_
- To maintain an inclusive place or worship where everyone is welcome and included.
- To provide opportunities for people who value and appreciate the importance of having fellowship with likeminded people to come together.
- To be a beacon in our community.
- To be involved with and to make valued contributions to our community.
- To provide counselling, baby blessings, marriages, and funeral services.
- To teach Christian conduct based upon the word of God.
## _**Charity Activities**_
Calvary Apostolic Church was established in December 1997 and comes under the organisational umbrella of the Pentecostal Assemblies of the World (PAW) The PAW organisation was established in the early nineteenth century, with over 2,000 churches in the United States, Europe and various other places around the world. In March 2004 the Charity's name was changed to Calvary Miracle Centre and in October 2010 our name was changed to Kingdom Concepts Ministries.
During this year, Kingdom Concepts Ministries (KCM) has had to make changes to the way we function due to COVID-19 and the pandemic and function in line with government guidelines.
We have done the following this year:
- •Held Sunday Services online via Zoom
- •Held Wednesday night Bible Classes on Zoom
- •Hosted Mother’s Day, Father’s Day, Easter, and New Year’s services on Zoom
- •Held Zoom online quiz night
- •Invited people to attend our Zoom service
## **The Future**
Looking ahead, we are aiming:
- •To resume in-person church services
- •To evangelise and encourage people to have a relationship with God
- •To see what funding is available to us and apply for relevant funding so that we can better serve our community
- •To research on how we can start a Food Bank
- •To provide counselling
4
## **KINGDOM CONCEPTS MINISTRIES**
## **TRUSTEES' ANNUAL REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2020**
## **Operation/Management Control**
The operation and management will continue to be run as follows:
Bryan Byfield Senior Pastor & Trustee Henry Nelson Church Elder, Assistant Pastor & Trustee Lovina Hazel Church Minster Nesreta Francis Trustee Caroline Byfield Administrator
## **Financial Review**
See results as shown on page 6 - Statement of Financial Activities and page 7- Balance Sheet.
5
##
##
##
## **KINGDOM CONCEPTS MINISTRIES**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
|**Notes**
**INCOME FROM:**
Donations & Legacies
**3a**
Investment Income
**3b**
**TOTAL INCOME**
**EXPENDITURE ON:**
Charitable Activities
**4a**
Governance Costs
**4b**
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE)**
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2021/20**
**2020/19**
£
£
£
£
£
12,232
-
-
12,232
20,407
-
-
-
-
12|
|---|---|
||**12,232**
**-**
**-**
**12,232**
**20,419**|
||9,706
-
-
9,706
10,676
1,753
-
-
1,753
1,703|
||**11,459**
**-**
**-**
**11,459**
**12,379**|
||**773**
**-**
**-**
**773**
**8,040**
21,085
-
-
21,085
13,045|
||**21,858**
**-**
**-**
**21,858**
**21,085**|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 9 to 15 form part of these financial statements.
7
##
||Note|Unrestricted
Funds
f|Unrestricted
Funds
f|RestrictedToAl
Total
Funds31-Mar-2131-Mar-I9
ff,f.|RestrictedToAl
Total
Funds31-Mar-2131-Mar-I9
ff,f.|RestrictedToAl
Total
Funds31-Mar-2131-Mar-I9
ff,f.|RestrictedToAl
Total
Funds31-Mar-2131-Mar-I9
ff,f.|
|---|---|---|---|---|---|---|---|
|Fixed Assets
TangibleAssets|2-||||"||385|
|CurrentAssets||||||||
|CashatBank & in Hand|6|15,683||-|15,683|13,69s||
|Debtors& Prepayments|7||6,115|-|6,715|7,915||
|Total CurrentAsgeG||||||||
|Creditors:amountsduewithinoneyear|8||540||540||525|
|NETCURRENTASSEIS||11QtrO
LttuJv|||21,858|
21,085||
|IOTALASSEISlesscurrent tiabilities||21|,858||21,858|21,470||
|LongTerm Liabilities||||||||
|NETASSEIS||||||||
|Funds oftheCharity
General Funds||21,858||-|aaotro
zttoJo|21|,085|
|Restricted Funds|5|||||||
|Total Funds||||||||
## **KINGDOM CONCEPTS MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of Preparation & Assessment of Going Concern**
## **Basis of Preparation**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
## **Assessment of Going Concern**
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
## **Cash Flow Statement**
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.
## **Incoming Resources**
## _**Recognition of Incoming Resources**_
These are included in the Statement of Financial Activities (SOFA) when: the charity becomes entitled to the resources;
the trustees are virtually certain they will receive the resources; and
the monetary value can be measured with sufficient reliability
## _**Incoming Resources with Related Expenditure**_
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
## _**Grants and Donations**_
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
## _**Tax Reclaims on Donations and Gifts**_
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
## _**Contractual Income and Performance Related Grants**_
This is only included in the SOFA once the related goods or services has been delivered.
## _**Gifts in Kind**_
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
## _**Donated Services and Facilities**_
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## _**Volunteer Help**_
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
## _**Investment Income**_
This is included in the accounts when receivable.
## _**Investment Gains and Losses**_
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
9
## **KINGDOM CONCEPTS MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **1. ACCOUNTING POLICIES (Continued)**
## **Expenditure and Liabilities**
## _**Liability Recognition**_
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## _**Governance Costs**_
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
## _**Grants with Performance Conditions**_
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
## _**Grants Payable without Performance Conditions**_
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
## _**Support Costs**_
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, eg. allocating property costs by floor areas, or per capital, staff costs by the time spent and other costs by their usage.
## _**Pensions**_
The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
## _**Operating Leases**_
Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.
## _**Taxation**_
The charity is exempt from tax on its charitable activities.
## _**Legal Status of the Charity**_
The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
## _**Fixed Assets**_
Tangible fixed assets for use by the charity, are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
There has been no change to the accounting policies (Valuation rules and methods of accounting) since last year.
## _**Depreciation Expense**_
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a Reducing Balance over their estimated useful lives. The rates applied per annum are as follows:
|Music Equipment|10%|
|---|---|
|Equipment & Computers|33%|
|Vicarage Furniture & Equipment|25%|
10
## **KINGDOM CONCEPTS MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **2. TANGIBLE FIXED ASSETS**
|||Music|Computer|Vicarage|**Total**|
|---|---|---|---|---|---|
|||Equipment|Equipment|Equipment|**2021/20**|
|||£|£|£|£|
|Cost|01-Apr-20|1,411|10,033|5,686|15,719|
|Additions||-|-|-|-|
|Cost at|31-Mar-21|**1,411**|**10,033**|**5,686**|**15,719**|
|Depreciation|01-Apr-20|1,142|9,979|5,544|15,523|
|Charge||269|54|142|465|
|Depreciation at|31-Mar-21|**1,411**|**10,033**|**5,686**|**15,988**|
|Net Book Value|31-Mar-21|**-**|**-**|**-**|**-**|
|Net Book Value|31-Mar-20|**242**|**36**|**107**|**385**|
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2021: None
31st March 2020: None
## **All assets have been written off.**
11
## **KINGDOM CONCEPTS MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **3. INCOME AND ENDOWMENTS**
|**3. INCOME AND ENDOWMENTS**||
|---|---|
|**a) Donations & Legacies**
Gifts, Tithes & Donations
Gift Aid
**b) Investment Income**
Bank Interest
**4. EXPENDITURE**
**a) Charitable Activities**
Bank Charges
Depreciation Expenses
Equipment Costs
Gifts & Donations
Ministerial Expenses
Motor Expenses
Office Costs
Rent & Rates
Staff Costs
Sundry Expenses
Event Expenses
Travel & Subsistence
Utility Costs
Gift Aid Costs
**b) Governance Costs**
Independent Examiner's Fee
Accounting Fees
Professional Fees|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2021/20**
**2020/19**
£
£
£
£
£
11,489
-
-
11,489
20,407
743
-
-
743
-|
||**12,232**
**-**
**-**
**12,232**
**20,407**|
||-
-
-
-
12|
||**-**
**-**
**-**
**-**
**12**|
||Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2021/20**
**2020/19**
£
£
£
£
£
-
-
-
-
15
-
-
-
-
-
100
-
-
100
-
2,893
-
-
2,893
300
184
-
-
184
680
250
-
-
250
958
859
-
-
859
120
290
-
-
290
6,288
606
-
-
606
566
-
-
-
-
100
1,110
-
-
1,110
-
435
-
-
435
-
2,826
-
-
2,826
1,649
153
-
-
153
-|
||**9,706**
**-**
**-**
**9,706**
**10,676**|
||540
-
-
540
525
1,125
-
-
1,125
-
88
-
-
88
1,178|
||**1,753**
**-**
**-**
**1,753**
**1,703**|
12
## **KINGDOM CONCEPTS MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **5. RESTRICTED FUNDS**
The charity held no restricted funds this or the previous years.
## **6. CASH AT BANK AND IN HAND**
|Cash at Bank and in Hand|Unrestricted
Restricted
**Total**
**Total**
Fund
Fund
**31-Mar-21**
**31-Mar-20**
£
£
**£**
**£**
15,683
-
15,683
13,695|
|---|---|
||**15,683**
**-**
**15,683**
**13,695**|
## **7. DEBTORS AND PREPAYMENTS**
||Unrestricted|Restricted||**Total**|**Total**|
|---|---|---|---|---|---|
||Fund|Fund||**31-Mar-21**|**31-Mar-20**|
||£|£||**£**|**£**|
|Sundry Debtors|6,715||-|6,715|7,915|
||**6,715**||**-**|**6,715**|**7,915**|
|**8. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
||Unrestricted|Restricted||**Total**|**Total**|
||Fund|Fund||**31-Mar-21**|**31-Mar-20**|
||£|£||**£**|**£**|
|Independent Examiner's Fee|540||-|540|525|
||**540**||**-**|**540**|**525**|
## **9. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
The Charity held no long term liabilities during this or the previous financial year.
13
## **KINGDOM CONCEPTS MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **10. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
## **CURRENT FINANCIAL YEAR**
|Tangible Fixed Assets
Net Current Assets
Long Term Liabilities|Unrestricted
Restricted
**TOTAL**
Funds
Funds
**2021/20**
£
£
£
-
-
-
21,858
-
21,858
-
-
-|
|---|---|
||**21,858**
**-**
**21,858**|
## **PREVIOUS FINANCIAL YEAR**
|Tangible Fixed Assets
Net Current Assets
Long Term Liabilities|Unrestricted
Restricted
**TOTAL**
Funds
Funds
**2020/19**
£
£
£
385
-
385
21,085
-
21,085
-
-
-|
|---|---|
||**21,470**
**-**
**21,470**|
## **11. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES**
The Charity is registered with the Charity Commission (1103984) and does not have a Share capital and has no income subject to Corporation Tax.
|Profit / Deficit for the financial year
Other Recognised Gains
Balance Brought Forward
Closing Funds at 31st March 2021|**2021/20**
**£**
773
-
**773**
21,085
**21,858**|**2020/19**
**£**
8,040
-|
|---|---|---|
|||**8,040**|
|||13,045|
|||**21,085**|
14
## **KINGDOM CONCEPTS MINISTRIES**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **12. STAFF COSTS AND NUMBERS**
|Gross Wages & Salaries
Employer's National Insurance Costs
Pension Contributions
Employees who were engaged in each of the following activities:
Charitable Activities|**TOTAL**
**2021/20**
**£**
606
-
-
**606**
**TOTAL**
**2021/20**
1
**1**|**TOTAL**
**2020/19**
**£**
566
-
-|
|---|---|---|
|||**566**|
|||**TOTAL**
**2020/19**
1|
|||**1**|
No members of staff received emoluments in the range of £50,000 to £60,000 (2021/20:None).
## **13. TRUSTEE AND OTHER RELATED PARTY TRANSACTIONS**
During the financial year, Pastor Byfield received £606 (2020/19: £566) in renumeration in furtherance of the charitable objects of the Charity.
No other payments were made to directors or any persons connected with them during the financial year. No other material transaction took place between the charity and a trustee or any person connected with them.
## **14. RISK ASSESSMENT**
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
## **15. RESERVES POLICY**
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.
## **16. PUBLIC BENEFIT**
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
15
## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS**
Report to the trustees of Kingdom Concepts Ministries on the accounts for the year ended 31st March 2021 set out on pages 7 to 15.
## **Respective responsibilities of trustees and examiner**
The organisation's trustees are responsible for the preparation of the accounts. The organisation's trustees consider that an audit is not required for this year (under section 144 of the Charities Act 2011) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for an independent examination, It is my responsibility to:
- examine the accounts (under section 145 of the Act,),
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act, as amended), 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 Commissioners. An examination includes a review of the accounting records kept by the organisation 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 the course of my examination, no 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 130 of the 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.
………………………………………
Kim Gomes MAAT Independent Examiners Ltd Unit 2 The Broadbridge Buisness Centre Delling Lane Bosham West Sussex PO18 8NF
11 May 2022
16