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← Assemblies Of God Back To God

2024-03-31-accounts

(Registered Charity No – 1108833)

The Assemblies of God Back to God Trust

Trustees’ Report and Accounts For the Year Ended 31 March 2024

CONTENTS

CONTENTS
PAGE
Legal and Administrative Details 2
Trustees' Report 3
Independent Examiners’ Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9

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REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024

  1. Pastor Mandlenkosi Churchill Dube 2. Pastor Clifton Mbele 3. Pastor Sibangilizwe Nkomo 4. Pastor Nkululeko Dube 5. Pastor Xolani Mark Mzuku
Trustees 1. Pastor Mandlenkosi Churchill Dube
2. Pastor Clifton Mbele
3. Pastor Sibangilizwe Nkomo
4. Pastor Nkululeko Dube
5. Pastor Xolani Mark Mzuku
Charity registered Number 1108833
Date of charitable registration 04 April 2005
Principal office address 30 The Upway,
Basildon, Essex
SS14 2HY
Secretary Mr Mandlenkosi Churchill Dube
Independent examiners Accounting Assist Ltd C/O Good to Give Ltd
Bankers HSBC Bank
Barclays Bank
NatWest Bank

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024

The Board of Trustees, who are the trustees for Charity law purposes, submit their annual report and the financial statements of Assemblies of God Back to God, for the year ended 31 March 2024. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities (revised 2005)'.

Structure, governance and management

The 5 Trustees are:

Pastor Mandlenkosi Churchill Dube (Chairman) Pastor Clifton Mbele Pastor Nkululeko Dube Pastor Sibangilizwe Nkomo Pastor Xolani Mark Mzuku

The Trustees play a primary role in ensuring good governance and functioning of the Charity. The Board’s role, functions and responsibilities are quite clearly defined.

The Charity currently has a dedicated team of Advisory board members in the UK who have helped to secure financial support and contribute to the future planning of the organisation

Governing document:

The Assemblies of God Back to God Trust is an unincorporated charitable organisation formed on 24 February 2005 and registered as a charity on 4 April 2005. The charity is governed by a Trust deed dated 24 February 2005.

Recruitment and appointment of trustees:

The members of the General Trustee Board are trustees for the purposes of charity law. New trustees may be appointed by resolution of a meeting of the trustees. Much of the charity's work focuses upon the promotion of the Christian religion and the running and maintenance of its places of worship. The General Trustee Board seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body. To enhance the potential pool of trustees, the charity has, through selective advertising and networking with voluntary organizations active in the sector, sought to identify those who would be willing to become members of the charity and use their own experience to assist the charity.

Risk Management:

activities in which we are involved. In this context, risk is defined as the potential to fail to achieve charity objectives and for loss, financial and reputational, inherent in the environment in which we operate in the nature of the transactions undertaken. The principal risk of the charity has been its dependence on voluntary income. Trustees have initiated various processes to mitigate such risk, so that the charity has sufficient reserve in the event of adverse condition(s). The trustees have also examined other operational and business risks which they face and confirm that they have taken steps to mitigate the significant risks.

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TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024

Public Benefit:

The Trustees have complied with the duty in Section 4 of the Charities Act 2006 and have paid due regard to public benefit when preparing this report. The benefit provided to the public is consistent with the aims of the charity in UK.

Objectives and activities:

1. Advance the Christian Faith in London, Leicester, Coventry and in such parts of the United Kingdom or the world as the Trustees from time-to-time think fit and to fulfil such other parts which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the Trust.

2. To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the said location and in such other parts of the United Kingdom or the world as the Trustees may from time-to-time think fit.

Financial review:

The largest contribution to the charity for the year came from general offerings. The charity has begun its charitable activities from April 2005. The Charity currently aims to designate the total fund received less expenses for the main objective of the charity.

Plans for future periods:

The Charity plans to develop various fundraising strategy to include mass marketing. Besides mass marketing and events, the charity is aiming to achieve its targets through securing donations from willing individuals. A development board may be created to help include other avenues of fundraising to be included in the yearly programme.

Statement of Board of Trustees’ responsibilities

The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of Trustees have:

The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the

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TRUSTEES, REPORT FOR THE YEAR EL%DED 31 ￿I￿RCH 2024 assets of th¢ Charity and hence for taking reasonablc steps for the detection and prevention of fraud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial infomiation. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement of disclosure of inforniation to independent examiner We, as the Trustees of the Charityiwho held office at the date of approval of these financial statements as set out on page 2 each confitm, so far as we are aware, that: There is no r¢levant infoiTnation of which the Charity's independent examiner ￿"¢ unaware. and we Have taken all the steps that w¢ ought to have taken as Trustees ill order to make ourselves aware of any relevant inforn]ation and to establish that the charity's independent examiner is aware of that infonnation. Independent Examiner: The CharÉty's independent examiner, Accounting Assist Ltd Clo Good to Give has indicated their willingness to offer thcmselves for appointment. This report was approved by the Trustees on and signed on their behalf by: Signed: Mitnt5 -rJLty)... c MB- Print Name: ......................... Date:

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 MARCH 2024

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE THE ASSEMBIES OF GOD BACK TO GOD TRUST

I report on the financial statements of the Charity for the year ended 31 March 2024 which comprise the Statement of Financial Activities and Balance Sheet with associate notes.

This report is made solely to the Charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my examination work.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The Charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.

It is my responsibility to:

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 Group/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 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 connection with my examination, no matter has come to my attention:

Signed: Sos

Dated: 06/11/2024

Anum Hassan, FCCA

On behalf of Accounting Assist Ltd

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STATEMENT OF FINANCIAL ACTIVITIES (Incorporating income and expenditure account) FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
2024
Restricted
Total
Funds
Total
Funds
2024
2024
2023
Notes
£
£
£
£
Incoming resources:
2
General Offerings
81,840
-
81,840
80,152
Other Income
6,404
-
6,404
49
Total Incoming resources
88,244
0
88,244
80,201
Resources expended:
3
Direct Charitable Expenses
81,256
-
81,256
80,535
Governance Costs
3,048
-
3,048
2,271
Total Resources expended
84,304
0
84,304
82,806
Movement in total fund for the
year- Net income /
(expenditure) For the year
3,940
-
3,940
-2,026
Fund balance brought forward
70,468
-
70,468
73,074
Fund balance carried forward
74,408
-
74,408
70,468		 Unrestricted
2024
Restricted
Total
Funds
Total
Funds
2024
2024
2023
Notes
£
£
£
£
Incoming resources:
2
General Offerings
81,840
-
81,840
80,152
Other Income
6,404
-
6,404
49
Total Incoming resources
88,244
0
88,244
80,201
Resources expended:
3
Direct Charitable Expenses
81,256
-
81,256
80,535
Governance Costs
3,048
-
3,048
2,271
Total Resources expended
84,304
0
84,304
82,806
Movement in total fund for the
year- Net income /
(expenditure) For the year
3,940
-
3,940
-2,026
Fund balance brought forward
70,468
-
70,468
73,074
Fund balance carried forward
74,408
-
74,408
70,468		 Unrestricted
2024
Restricted
Total
Funds
Total
Funds
2024
2024
2023
Notes
£
£
£
£
Incoming resources:
2
General Offerings
81,840
-
81,840
80,152
Other Income
6,404
-
6,404
49
Total Incoming resources
88,244
0
88,244
80,201
Resources expended:
3
Direct Charitable Expenses
81,256
-
81,256
80,535
Governance Costs
3,048
-
3,048
2,271
Total Resources expended
84,304
0
84,304
82,806
Movement in total fund for the
year- Net income /
(expenditure) For the year
3,940
-
3,940
-2,026
Fund balance brought forward
70,468
-
70,468
73,074
Fund balance carried forward
74,408
-
74,408
70,468
Notes
Incoming resources:
2
General Offerings
Other Income
Total Incoming resources
Resources expended:
3
Direct Charitable Expenses
Governance Costs
Total Resources expended
Movement in total fund for the
year- Net income /
(expenditure) For the year
Fund balance brought forward
Fund balance carried forward		 Unrestricted
2024
Restricted
Total
Funds
Total
Funds
2024
2024
2023
£
£
£
£
81,840
-
81,840
80,152
6,404
-
6,404
49
88,244
0
88,244
80,201
81,256
-
81,256
80,535
3,048
-
3,048
2,271
84,304
0
84,304
82,806
3,940
-
3,940
-2,026
70,468
-
70,468
73,074
74,408
-
74,408
70,468

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BALANCE SHEET AS AT 31 MARCH 2024 2024 2024 2023 2023 FIXED ASSETS Tangible Assets CURRENT ASSETS 1,828 2,250 Debtors 2,178 72,998 75,177 1,797 70,468 72,265 Cash at bank CREDITORS: amounts falling due withtn one year 769 1,770 NET CURRENT ASSETS 74,408 70,495 NET ASSETS 74,408 72,746 CHARITY FUNDS Unrestricted funds 74,408 72,746 Restricted fi￿dS TOTAL FUNDS 74,408 72,746 The financial statements were approved by the Trustees on and signed on their behalf, by: Signed: Prlnt Name: ... Date: .... Th¢ notes on page 9 to 10 forni part of these f￿anCIal statements

NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005 and applicable accounting standards.

1.2 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund are set out in the notes to the financial statements.

1.3 Incoming resources

All incoming resources are included in the Statement of financial activities when the Charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.

Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised where there is no financial cost borne by a third party.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

1.4 Resources expended

Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocated on a basis consistent with the use of the resources.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.

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NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 (Continued)

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

1.5. Tangible Fixed Asset

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicle 25% on reducing balance

2. VOLUNTARY INCOME

Donations from Individuals
Gift Aid
Deposit Account Interest
Total Income		 2024
£
81,840
6,201
203
88,244		 2023
£
80,152
-
49
80,201
3.
RESOURCES EXPENDED
Charitable Activities
Rent
Utilities
NAC Expense & Conventions
General Expenses
Equipment
Insurance
Travel & Subsistence
Depreciation
Governance		 2024
£
51,997
11,182
-
7,950
3,836
1,340
1,524
3,004
422
3,048
84,304		 2023
£
42,019
11,542
-
10,759
4,929
5,662
1,116
3,944
563
2,271
82,806

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