BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES ( A COMPANY LIMITED BY GUARANTEE)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] MARCH 2024
CHARITY NUMBER: 1105590 COMPANY NUMBER: 5179123
BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES (A COMPANY LIMITED BY GUARANTEE)
LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] MARCH 2024
ADDRESS FOR CORRESPONDENCE
2 LINDEN CRESCENT GREENFORD UB6 0PL
REGISTERED COMPANY NUMBER 5179123
REGISTERED CHARITY NUMBER 1105590
GOVERNING DOCUMENT MEMORANDUM & ARTICLES OF ASSOCIATION 29[TH] JUNE 2004.
TRUSTEES/ DIRECTORS
S D Reece - Bartlett V A Bartlett J Foster J George M George
PRINCIPAL BANKERS
HSBC 21 KINGS MALL KINGS STREET HAMERSMITH W6 0QF
ACCOUNTANTS
FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM SURREY CR4 3FH
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES ( A COMPANY LIMITED BY GUARANTEE) 2 LINDEN CRESCENT GREENFORD UB6 0PL
INDEX Page Legal & Administrative Details 1 Index 2 Trustee’s Report 3-4 Independent Examiner’s Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes on the financial Statements 8-12
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES (A COMPANY LIMITED BY GUARANTEE) TRUSTEES’ REPORT YEAR ENDED 31[st] March 2024
The trustees are pleased to present their report for the year ended 31[st] March 2023 for the charity, Burning Bush Apostolic Christian Ministries with Charity Number 1105590.
The Trustees of the charity are:
S D Reece - Bartlett
V A Bartlett J Foster J George M George
The principal address of the charity is: 2 Linden Crescent
Greenford Middlesex UB6 0PL
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a Memorandum and Articles of association that was dated on 29[th] June 2004.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
OBJECTIVES AND ACTIVITIES
The Objects of the organisation are:
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(i) To advance the Christian Religion [in accordance with the Statement of Beliefs] appearing in the schedule contained in the Memorandum and Articles of Association in West London and in other parts of the United Kingdom or the World as the trustees may see fit from time to time and other such purposes which are exclusively charitable according to the work of the charity
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(ii) To advance education including but not only by way of limitation education in the Christian lifestyle for young people in West London and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit.
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(iii) To provide and maintain facilities for the benefit of the community of West London without the distinction of race, sex, political, religious, or other opinion and with the object of improving the conditions of life for the said inhabitants as the trustees may from time to time in their discretion determine. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake
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ACHIEVMENTS AND PERFORMANCE
The Organisation continues to hold successful services through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The church continues to promote the Christian faith in the community through its church services and special worship events which were all held online due to the pandemic.
FUTURE DEVELOPMENTS
The church intends to continue to host its regular worship services in UK. They will continue to support Christian missionary work and build on their reserves. The charity plans to seek out a more permanent place of worship in the near future. 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.
FINANCIAL REVIEW
The income of the charity is above £45,000. This is a slight increase on the previous year and the costs have been managed well over this period. The charity is in a good position to continue its work and develop itself in the community as it has maintained a healthy reserve fund.
RESERVE POLICY
It is the policy of the Charity 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 charity will seek to maintain this level throughout the year.
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:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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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 6[th ] March 2025 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES (A COMPANY LIMITED BY GUARANTEE)
I report on the accounts of the church for the year ended 31[st ] March 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 :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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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;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
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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
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES ( A COMPANY LIMITED BY GUARANTEE)
Statement of Financial Activities for the year ended 31st March 2024
| Unrestricted Total Funds Funds 2024 2023 Incoming ResourcesNote £ £ £ from generated funds Donations 2 45,765 45765 43363 Investment income 3 _____ 45,765 45765 43363 _Other Income Other _____ _ Total Incoming 45765 45765 43363 Resources _____ _ Resources Expended Charitable activities in furtherance of objectives Charitable Activities 5 7588 7588 5544 Other 6 380 380 360 _____ Total Resources 7,968 7,968 5904 Expended _____ Net movement in funds 37,797 37,797 37459 Reconciliation of Funds Total Funds brought forward 144799 144799 107340 Total Funds carried forward 182,596 182,596 144799 |
Unrestricted Total Funds Funds 2024 2023 £ £ £ 45,765 45765 43363 |
Unrestricted Total Funds Funds 2024 2023 £ £ £ 45,765 45765 43363 |
|---|---|---|
| _________ 45,765 45765 |
___ 43363 |
|
| _________ 45765 45765 |
___ 43363 |
|
| ___ 5544 360 |
||
| _________ 7,968 7,968 |
___ 5904 |
|
| _________ 37,797 37,797 144799 144799 |
___ 37459 107340 |
|
| 182,596 182,596 |
144799 |
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.
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES ( A COMPANY LIMITED BY GUARANTEE)
Balance Sheet as at 31st March 2024
| ( A COMPANY LIMITED BY GUARANTEE) Balance Sheet as at 31st March 2024 |
|
|---|---|
| Note 2024 Fixed Assets £ Tangible fixed assets 4 1969 _ 1969 _ Current Assets Cash at bank and in hand 178902 Debtors 7 2105 _ 181007 Creditors:amounts falling due within one year Creditors & accruals 8 380 _ Net Current Assets 180627 _ Net Assets 182596 Unrestricted Funds 182596 Restricted Funds _ TOTAL FUNDS 182596 ___ |
2023 £ 1457 __ 1457 ___ 141238 2464 |
| _ 143702 360 _ 143342 _ 144799 144799 _ 144799 ___ |
For the year ended 31st March 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies
Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476,
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
V A Bartlett _________ Director Director's Signature
The notes on pages 8 to 10 form an integral part of these financial statements
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2024
1) Accounting Policies
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.
1.1 Going Concern: The accounts are prepared on a going concern basis.
1.2 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
1.3 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:
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The charity becomes entitled to resources;
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It is more likely than not that the trustees will receive the resources;
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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.
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES ( A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 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.
.
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES ( A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for year ended 31st MARCH 2024 2 Voluntary Income
| Church collections Tithes and Offerings Gift Aid Tax recovered Total 3 Investment income Bank Interest |
Unrestricted Total fundsTotal funds Funds 2024 2023 £ £ £ 38819 38819 43000 6946 6946 |
|---|---|
| _____ 45765 45765 43000 _____ Unrestricted Total fundsTotal funds Funds £ 2024/£ 2023/£ |
|
| _____ _____ |
| 4 Tangible Fixed Assets Cost At 01/04/2023 Additions At 31/03/2024 Depreciation At 01/04/2023 charge for the year At 31/03/2024 Net Book Value at 31/03/2024 Net Book Value at 01/04/2023 |
Instrument Equipment Total 2024 £ £ £ 760 5051 5811 0 1004 1004 |
|---|---|
| ______ 760 6055 6815 493 3861 4354 53 439 492 |
|
| ______ 546 4300 4846 214 1755 1969 267 1190 1457 |
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES (A COMPANY LIMITED BY GUARANTEE) Notes to the accounts for year ended 31st March 2024
| **5 ** | Cost of Activities in furtherance of Charity's Objectives | Cost of Activities in furtherance of Charity's Objectives | Cost of Activities in furtherance of Charity's Objectives |
|---|---|---|---|
| 2024/£ | 2023/£ | ||
| Rent of Church hall | 5256 | 4505 | |
| Insurance | 318 | 0 | |
| Priniting & stationary | 0 | 0 | |
| Supplies | 26 | 211 | |
| Phone & Internet | 0 | 0 | |
| Bank charges | 61 | 60 | |
| Childrens' ministry | 0 | 0 | |
| Repairs | 0 | 0 | |
| Travel | 0 | 0 | |
| Professional fees | 1000 | 0 | |
| Web hosting costs | 0 | 0 | |
| Training costs | 0 | 0 | |
| Donations & gratuities | 0 | 275 | |
| Refreshments | 0 | 0 | |
| General expenses | 0 | 0 | |
| Depreciation | 492 | 364 | |
| Subscription | 0 | 0 | |
| Event costs | 0 | 0 | |
| Subscriptions | 435 | 129 | |
| Pastoral fees | 0 | 0 | |
| Charity giving | 0 | 0 | |
| Total | 7588 | 5544 | |
| _________ |
6 Other
| Other | |
|---|---|
| Gift Aid Recovery Costs Accountancy services Total Debtors and Prepayments Tax recoverable Prepayments Loan Total |
2024/£ 2023/£ 0 0 380 360 |
| ______ 380 360 |
|
| ______ 2024/£ 2023/£ 2105 2464 0 0 0 0 |
|
| ______ 2105 2464 |
7 Debtors and Prepayments
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BURNING BUSH APOSTOLIC CHRISTIAN MINISTRIES (A COMPANY LIMITED BY GUARANTEE)
Notes to the accounts for year ended 31st March 2024
| 8 Creditors: amounts falling due within one year Trade creditors Accountants fee |
2024/£ 2022/£ 0 0 380 360 |
|---|---|
| ___ 380 360 ___ |
9 Directors and other related parties
No payments were made to Directors or related parties.
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