## **CHRIST EVANGELISTIC MINISTRIES**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30[TH] APRIL 2024**
**REGISTERED CHARITY NUMBER: 1104109**
## **CHRIST EVANGELISTIC MINISTRIES**
**LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 30[TH] APRIL 2024**
## **ADDRESS FOR CORRESPONDENCE**
27 DEVONSHIRE ROAD CROYDON CR0 2JW
## **REGISTERED CHARITY NUMBER**
1104109
**GOVERNING DOCUMENT** TRUST DEED DATED 1[st] OCTOBER 2003
## **TRUSTEES/ DIRECTORS**
Miss Mary Darbo Rev Michael Amoah Mavis Asamoah Kwadwo Appau
## **PRINCIPAL BANKERS**
NatWest Bank 209 Lower Addiscombe Road Croydon, Depot Code 190 CR0 6RB
## **ACCOUNTANTS**
FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM SURREY CR4 3FH
**CHRIST EVANGELISTIC MINISTRIES 27 DEVONSHIRE ROAD CROYDON CR0 2JW**
**INDEX Page Index 1 Trustee’s Report 2-3 Independent Examiner’s Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes on the financial Statements 7-9**
**1**
## **CHRIST EVANGELISTIC MINISTRIES**
## **TRUSTEES’ REPORT YEAR ENDED 30[TH] APRIL 2024**
The trustees are pleased to present their report for the year ended 30[TH] APRIL 2024 for the charity, Christ Evangelistic Ministries with Charity Number 1104109.
The Trustees of the charity are: Miss Mary Darbo Rev Michael Amoah Mavis Asamoah Kwadwo Appau
The principal address of the charity is : 27 Devonshire road Croydon
## **OBJECTS**
The main object of the charity is advancing the Christian faith in the South east London area as a Christian church in accordance with the doctrines set out in the statement of beliefs.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Church is governed by a leadership team on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
## **ACHIEVMENTS AND PERFORMANCE**
The church continues to develop itself in the community. The church also continues to hold regular services that are open to the general public. The church also held successful conferences during the year this included outreach programs for the young people and a retreat at Ashburnham Trust. Due to the pandemic the church started hosting online services and events to continue its outreach in its community
## **FINANCIAL REVIEW**
The income of the church is above £99,000. This is a higher amount on the previous year however the costs have been well managed over this period. There was a surplus on the account this has not been an issue as the church is repaying all loans. The church hopes to continue its work in the coming year without any unnecessary financial constraints. The church used most of its income on covering the rent of the premises and the running costs of holding the worship services. The church has undertaken work on renovating a new premises.
**2**
## **RESERVE POLICY**
It is the policy of the Church to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The church will maintain this level throughout the year.
## **FUTURE DEVELOPMENTS**
The church intends to continue to host its regular yearly conferences in UK. They will continue to host their regular worship services and homework club for the children. The intended re-appointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective.
## **RISK MANAGEMENT**
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
## **TRUSTEE RESPONSIBILITIES**
Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
1. Select suitable accounting policies and apply them consistently.
2. Make judgements and estimates that are reasonable and prudent.
3. State whether the applicable accounting standards have been followed.
4. Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 12[th] February 2025 and signed on their behalf by:
_____________________________________________
**3**
Independent Examiner’s Report To the Trustees
## **CHRIST EVANGELISTIC MINISTRIES**
I report on the accounts of the church for the year ended 30[th] April 2024 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
## **Respective responsibilities of trustees and examiner**
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
- Examine the accounts under section 145 of the 2011 Act.
- Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
- State whether particular matters have come to my attention.
## **Basis of 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 church 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 matter has come to my attention;
- (1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
- proper accounting records are kept( in accordance with section 130 of the 2011 Act
- accounts are prepared which agree with the accounting records and comply
- with the accounting requirements of the 2011 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.
.
CHUKS AJUKA BSc(Man), FICB PMDip FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH
**4**
## **CHRIST EVANGELISTIC MINISTRIES**
## **Statement of Financial Activities for the year ended 30th APRIL 2024**
|**Unrestricted**
**Total Funds**
**Funds**
**2024**
**2023**
**Incoming Resources from**
**£**
**£**
**£**
**generated funds**
**Note**
Donations and Legacie
**2**
87634
87634
80206
Investment income
**3**
0
0
0
_________
**_________**
**_________**
_________
87634
87634
80206
_Other Income_
Other
12304
12304
11314
___________________________
_________
**Total Incoming**
99938
99938
91520
**Resources**
___________________________
_________
**Resources Expended**
**Charitable activities in furtherance of objectives**
Charitable Activities
**6**
117,737
117,737
71776
**Other**
**4**
2,490
2,490
2869
____________________________________
**Total Resources**
120,227
120,227
74645
**Expended**
____________________________________
**Net movement in funds**
**-20,289**
-20,289
16875
**Reconciliation of Funds**
Total Funds brought forward
31752
31752
14877
**Total Funds carried forward**
**11,463**
**11,463**
31752|**Unrestricted**
**Total Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
87634
87634
80206
0
0
0
|**Unrestricted**
**Total Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
87634
87634
80206
0
0
0
|
|---|---|---|
||_________
**_________**
**________**
87634
87634
12304
12304
|_________
80206
11314
|
||___________________________
99938
99938
|_________
91520
|
|||_________
71776
2869
|
||___________________________
120,227
120,227
|_________
74645
|
||___________________________
**-20,289**
-20,289
31752
31752
**11,463**
**11,463**|_________
16875
14877
31752|
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
## **CHRIST EVANGELISTIC MINISTRIES Balance Sheet as at 30th April 2024**
|**Note**
**2024**
**Fixed Assets**
**£**
Tangible fixed assets
**5**
3668
_________
3668
_________
**Current Assets**
Cash at bank and
22231
in hand
**Debtors & prepayments 9**
11064
33295
**Creditors:amounts falling due within one year**
Creditors & accruals
**8**
25500
_________
**Net Current Assets**
7795
_________
**Net Assets**
**11463**
**Unresticted funds**
11463
_________
**TOTAL FUNDS**
**11463**
_________|**2023**
**£**
4583
________
4583
|
|---|---|
||_________
37291
11378|
||48669
21500
|
||_________
27169
|
||_________
31752
31752
|
||_________
31752
_________|
Approved by the Trustees on 12th February 2025 and signed on their behalf :
_____________________________________
The notes on these accounts form part of these accounts.
**6**
## **CHRIST EVANGELISTIC MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] APRIL 2024**
## **1.1 Basis of Accounting**
These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts 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) issued on 16 July 2014.
- 1.2 **Going Concern:** The accounts are prepared on a going concern basis.
1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
- 1.4 No changes to the accounting estimates have occurred in the reporting period
- 1.5 No material prior year error have been identified in the reporting period.
## _Recognition of Income_
These are included in the Statement of Financial Activities (SOFA) when:
- The charity becomes entitled to resources;
- It is more likely than not that the trustees will receive the resources;
- The monetary value can be measured with sufficient reliability.
## _Grants and Donations_
Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)
.
## _Tax reclaim on donations and gifts_
Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
## **EXPENDITURE AND LIABILITIES**
## _Liability Recognition_
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## _Grants and Support Costs_
Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
**7**
## **CHRIST EVANGELISTIC MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] APRIL 2024**
_Creditors_
The charity has creditors which are measured at settlement amounts less any trade discounts.
## **ASSETS**
_Tangible Fixed Assets for use by the charity_
They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.
## _Debtors_
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.
.
**8**
## **CHRIST EVANGELISTIC MINISTRIES**
## **Notes to the accounts for year ended 30th April 2024**
## **2 Voluntary Income**
|Church collections
Tithes
Offerings
Thanksgiving
Special Offering
Other
Total|Unrestricted
Total funds
Total funds
Funds
2024
2023
£
£
£
34703
34703
31778
52931
52931
48428
0
0
0
0
0
0
0
0
0|
|---|---|
||87634
87634
80206|
## **3 Investment income**
|Unrestricted
Total funds
Funds £
2024/£
Bank Interest
0
0
**4 Other**
2024/£
Missions
1750
Accounting services
740
Charity donation
0
_________
2490|Total funds
2023/£
0
2023/£
2070 Supporting missions in Ghana
799
0
_________
2869|
|---|---|
|**5 Tangible Fixed Assets**
**Cost**
At 01/05/2023
Additions
At 30/04/2024
**Depreciation**
At 01/05/2023
charge for the year
At 30/04/2024
**Net Book Value at 30/04/2024**
Net Book Value at 01/05/2023|Instrument Van
Equipment Total
**£**
**£**
**£**
**£**
3713
3503
28048
35264
0
0
0
0|
|---|---|
||3713
3503
28048
35264
3114
3032
24535
30681
119
94
702
915|
||3233
3126
25237
31596
480
377
2811
3668
599
471
3513
4583|
**9**
## **CHRIST EVANGELISTIC MINISTRIES Notes to the accounts for year ended 30th April 2024**
## **6 Charitable Activities**
|**Charitable Activities**|**Charitable Activities**||
|---|---|---|
|2024/£||2023/£|
|Rent of building|24770|18705|
|Telephone & Internet|97|120|
|Hmrc|0|0|
|Subscriptions|0|0|
|Transport|1122|530|
|Conference costs|0|0|
|Admin support|1210|550|
|Salary|8400|8400|
|Welfare|3960|900|
|Vehicle expenses|273|6262|
|Business rates|1278|130|
|Stationary|268|165|
|Admin costs|188|877|
|Bank charges|65|60|
|Hospitality|436|300|
|Refreshments|0|0|
|Supplies|60|0|
|Speakers expenses|1500|3500|
|Pension|756|756|
|Insurance|7553|653|
|Depreciation|915|1146|
|Music services|1244|0|
|Professional fees|6156|430|
|Cleaning services|0|141|
|Storage costs|4421|1885|
|Mission house expense|9600|17600|
|Media services|763|749|
|Light & Heat|1702|2064|
|Volunteer expenses|27295|5853|
|Church events|1609|0|
|Renovation costs|11926|0|
|Training|170|0|
|**_____________________________________________**|||
|**Total**|**117737**|**71776**|
|_____________________________________________|||
**10**
## **CHRIST EVANGELISTIC MINISTRIES Notes to the accounts for the year ended 30 th April 2024**
|**7 Staff Costs**
Salaries
Tax/NIC
Total|2024
2023
8400
8400
0
0|
|---|---|
||**8400**
**8400**|
There was 1 employee in the financial year
## **Trustee Benefits**
Trustee Rev Michael Amoah was paid £8400 for services rendered as pastor of the Church
## **8 Creditors: amounts falling due within one year**
|Independent examination
Creditors
Total
**9 Debtors**
**2024/£**
**Tax recoverable**
11064
loan to members
0
__________________
**Total**
11064
**__________________**|2024/£
2023/£
500
500
25000
21000
**25500**
**21500**
**2023/£**
11378
0
_________
11378
**_________**|
|---|---|
**11**