ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
(CHARITABLE INCORPORATED ORGANISATION)
KINGDOM CONCEPTS MINISTRIES
CHARITY REGISTRATION No: 1103984
Independent Examiners Ltd The Grain Store Appledram Lane South Chichester West Sussex PO20 7EG
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| 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 14 | Notes to the Financial Statements |
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KINGDOM CONCEPTS MINISTRIES
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
1103984
DATE OF INCORPORATION 27th April 2004 START OF FINANCIAL YEAR 1st April 2024 END OF FINANCIAL YEAR 31st March 2025 TRUSTEES AT 31ST MARCH 2025 Pastor B G Byfield (Chair) Nesrita Francis Henry M C Nelson
GOVERNING DOCUMENT
CIO - FOUNDATION CONVERSION DATED 13 FEB 2019
OBJECTS
To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in Birmingham and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit, and to fulfil such other purposes which are exclusively charitable according to the laws of England and 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
ACCOUNTANT
Independent Examiners Ltd The Grain Store Appledram Lane South Chichester West Sussex PO20 7EG
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KINGDOM CONCEPTS MINISTRIES
TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Office & Place of Worship:
45 Hamstead Hill Handsworth Wood Birmingham B20 IBU
Object of Charity
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[To maintain an inclusive place or worship where everyone is welcome and included.]
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To provide opportunities for people who value and appreciate the importance of having fellowship with likeminded
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• people to come together.
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[To be a beacon in our community]
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[To be involved with and to make valued contributions to our community.]
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[To provide counselling, baby blessings, marriages, and funeral services.]
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[To teach Christian conduct based upon the word of God.]
Charity Activities
Kingdom Concepts Ministries was founded in October 2010.
As a church, Kingdom Concepts Ministries (KCM) has, like many churches, seen a reduction in consistent attendance since the Covid pandemic.
We have done the following this year:
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Continued Sunday in-person services.
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Continued to hold our Wednesday night Bible Classes via Zoom.
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Held our annual Caribbean Community Night.
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Held ‘special day.’ Sunday services for Mother’s Day, Father’s Day, Easter, Pentecost, Ladies Day, Men’s Day and Remembrance Day.
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Hosted a Men’s Conference which include teachings on health issues such as prostate care, blood pressure, diet, and diabetes. Teachings on relationships and teachings on mental health care.
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The Men continued with their regular “Man2Man” meals which provides Christian men a safe space to talk, encourage
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• and support each other. • Women’s fellowship on Zoom and social events such as afternoon tea, visit to restaurants, overseas visit to Ireland and conferences.
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Held a special 14th Anniversary Conference in October
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Teaching and training on how to manage finances during the continual cost-of-living crisis
Achievements:
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The ladies Department of the church continued in their annual outreach to both church members and members of the community whereby they were able to give gifts to improve the receiver’s wellbeing and mental health.
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Zoom, Bible class continues every Wednesday. Teachings and lessons are available to members of the community as well as church members. Teaching includes topics such as Managing Finance, serving in the Church and in the Community, Emotional Intelligence and more
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Women established a safe forum to discuss mental health, menopause, healthy lifestyle, and other lady related topics.
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•[Provided an outreach ministry whereby we can feed those in need.]
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KINGDOM CONCEPTS MINISTRIES
TRUSTEES' ANNUAL REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2025
Financial Review: Income and outgoings
Please see attached.
Structure:
Kingdom Concepts Ministries is structured as follows:
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Senior Pastor
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[1 Officer – who hold the office as an Elder]
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[1 Officer – who holds the office as a Minster.]
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[Leaders of Ladies Department – consisting of Leader and an Assistant]
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[Leader of Men’s Department – consisting of Leader and an Assistant]
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[1 Chief Usher – consisting of a Leader and an assistant.]
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[1 Church Administrator]
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[3 Trustees]
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[Congregation of approximately 25 members]
Governance & Management
Kingdom Concepts Ministries is governed by the Senior pastor, the two officers and the trustees. By having regular meetings, HR, financial, spiritual, community and congregational related issues are discussed.
The Future
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To evangelise and encourage people to have a relationship with God.
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To nurture the new members of our church
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To see what funding is available to us and apply for relevant funding so that we can better serve our community.
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To research on how we can start a Food Bank.
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To provide counselling.
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 Nesrita Francis - Trustee
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KINGDOM CONCEPTS MINISTRIES TRUSTEES' ANNUAL REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2025
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.
Statement of Trustees’ Responsibilities:
The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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- make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at anytime the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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KINGDOM CONCEPTS MINISTRIES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025
| Notes INCOME FROM: Donations & Legacies 3a TOTAL INCOME EXPENDITURE ON: Charitable Activities 4a TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) Total Funds Brought Forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 20,437 - 20,437 18,370 |
|---|---|
| 20,437 - 20,437 18,370 |
|
| 21,653 - 21,653 28,417 |
|
| 21,653 - 21,653 28,417 |
|
| (1,216) - (1,216) (10,047) 12,481 - 12,481 22,528 |
|
| 11,265 - 11,265 12,481 |
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 14 form part of these financial statements.
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KINGDOM CONCEPTS MINISTRIES
BALANCE SHEET AS AT 31ST MARCH 2025
|
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 31-Mar-25 | 31-Mar-24 | |||
| Note | £ | £ | £ | £ | ||
| Fixed Assets | ||||||
| TangibleAssets | 2 | - | : | - | ||
| Current Assets Cash atBank& in Hand |
6 | 11,835 | - | 11,835 | 12,753 | |
| Debtors&Prepayments | 7 | - | - | - | 298 | |
| Total Current Assets | 11,835 | - | 11,835 | 13,051 | ||
| Creditors: amountsduewithin oneyear | 8 | 570 | - | 570 | 570 | |
| NETCURRENTASSETS | 11,265 | - | 11,265 | 12,481 | ||
| TOTALASSETS less current liabilities |
11,265 | - | 11,265 | 12,481 | ||
| Creditors falling duemorethanoneyear | 9 | - | - | - | - | |
| NET ASSETS | 11,265 | : | 11,265 | 12,481 | ||
| Fundsof the Charity General Funds |
11,265 | - | 11,265 | 12,481 | ||
| Restricted Funds | 5 | - | - | - | - | |
| TotalFunds | 11,265 | - | 11,265 | 12,481 |
Trustees' Responsibilities
The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the surplus of the trust for that period. In preparing those financial statements the trustees are required to: - Select suitable accounting policies and apply them consistently - Make judgements and estimates that are reasonable and prudent - Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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KINGDOM CONCEPTS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
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 2019) - (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.
The Trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012, that at the year end the CIO did not have any outstanding guarantees to third parties nor any debts secured on assets of the CIO.
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 charity 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;
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the trustees are virtually certain they will receive the resources; and
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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.
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KINGDOM CONCEPTS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
1. ACCOUNTING POLICIES (Continued)
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.
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, e.g. 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.
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KINGDOM CONCEPTS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
1. ACCOUNTING POLICIES (Continued)
Legal Status of the Charity
The charity is a charitable incorporated organisation 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:
| es applied per annum are as follows: | |
|---|---|
| Music Equipment | 10% |
| Equipment & Computers | 33% |
| Vicarage Furniture & Equipment | 25% |
2. TANGIBLE FIXED ASSETS
The charity held no fixed assets during this financial year.
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KINGDOM CONCEPTS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
| 3. INCOME a) Donations & Legacies Gifts, Tithes & Donations Gift Aid 4. EXPENDITURE a) Charitable Activities Furniture PA Equipment Computers and Computer Software Petty Cash Stationary and Printing Rent Repairs and Maintenance Telephone Travel Utilities Event Catering Conference Subscriptions Musicians and Singers Council Tax Food Bank Licenses and Subscriptions Cleaning Professional Fees Independent Examiner's Fee Ministerial Expenses Entertainment Trustee and Guest Meals Gifts and Hospitality Pastor's Vehicle Expenses Honorarium Miscellaneous Expenses |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ 17,860 - 17,860 15,648 2,577 - 2,577 2,722 |
|---|---|
| 20,437 - 20,437 18,370 |
|
| Unrestricted Restricted TOTAL TOTAL Funds Funds 2024/25 2023/24 £ £ £ £ - - - 395 16 - 16 74 339 - 339 219 33 - 33 12 173 - 173 42 3,988 - 3,988 3,555 250 - 250 390 279 - 279 48 625 - 625 - 1,442 - 1,442 2,201 1,366 - 1,366 1,041 632 - 632 1,178 - - - 26 2,305 - 2,305 1,620 640 - 640 444 2,160 - 2,160 1,892 304 - 304 31 - - - 272 1,599 - 1,599 1,971 570 - 570 570 - - - 80 - - - 322 1,834 - 1,834 362 105 - 105 8,431 2,005 - 2,005 2,681 760 - 760 560 228 - 228 - |
|
| 21,653 - 21,653 28,417 |
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KINGDOM CONCEPTS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
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-25 31-Mar-24 £ £ £ £ 11,835 - 11,835 12,753 |
|---|---|
| 11,835 - 11,835 12,753 |
7. DEBTORS AND PREPAYMENTS
| Sundry Debtors Loan to Pastor |
Unrestricted Restricted Total Total Fund Fund 31-Mar-25 31-Mar-24 £ £ £ £ - - - 298 - - - - |
|---|---|
| - - - 298 |
8. CREDITORS FALLING DUE WITHIN ONE YEAR
| Independent Examiner's Fee | Unrestricted Restricted Total Total Fund Fund 31-Mar-25 31-Mar-24 £ £ £ £ 570 - 570 570 |
|---|---|
| 570 - 570 570 |
9. CREDITORS FALLING DUE IN MORE THAN ONE YEAR
The Charity held no long term liabilities during this or the previous financial year.
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KINGDOM CONCEPTS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025
10. 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 |
2024/25 £ (1,216) - (1,216) 12,481 11,265 |
2023/24 £ (10,047) - |
|---|---|---|
| (10,047) | ||
| 22,528 | ||
| 12,481 |
12. TRUSTEE AND OTHER RELATED PARTY TRANSACTIONS
No other payments were made to the trustees 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.
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