## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2023**
## **Legal and administrative information**
## **Status**
Registered charitable organisation since 28 April 2005
## **Board of Trustees**
Rev. Alexander Donkor Rev. Paulina Donkor Rev. Micheal Darko (appointed 16 Oct 2023) Mr Kofi Ntim Mr Nelson Gomelesio Mr Kofi Kyei-Mensah-Osei Mr George Evans Amuzu
## **Registered Charity No**
1109266
**Registered office address**
Miracle Centre Assemblies of God UK 11 Cuckoo Hall Lane LONDON Edmonton N9 8DH
## **Bankers**
Barclays TSB
## **Accountants**
AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Surrey CR2 6EA
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK)**
## **Reports and Financial Statements 31ST DECEMBER 2023**
## **Trustees Report**
The Trustees' present their annual account for the year ended 31ST DECEMBER 2023.
## **INTRODUCTION** :
This 2023 report for MCAG (UK) will cover areas of interest and importance - throwing more light on the following areas;
Areas of operation: Our branches; Trustee’s management committee; our programme of activities; the executive committee; our activities, monitoring & evaluation and challenges.
## **2.0** . **AREAS OF OPERATION:**
MCAG (UK) as an international organisation is currently operating in the United Kingdom, Wales and Northern Ireland. However it has always been our wish and plans to extend our services and efforts into other parts of the world whenever and however possible.
## **3.0. MANAGEMENT INFORMATION** .
## **3.1. EXECUTIVE COMMITTEE.**
1. Rev Alexander Donkor - General Overseer
2. Rev Paulina Donkor - Director for Ministerial Operations
3. Rev Michael Darko - Special Assistant to the General Overseer
4. Pastor Kofi Ntim - Administrative Secretary
6. Mr George Amuzu - Financial Secretary/ Treasurer
7. Mr Kofi Kyei Mensah - Assistant Director for Ministerial Operations / Champion for Policies.
## **3.2. TRUSTEES**
The Charity has a seven member Board of trustees, whose responsibility span from managing the affairs of the Charity, keeping and managing the finance and inventory as well as steering it to achieve its set objectives for each year.
They remain as follows; Rev. Alexander Donkor Rev/Mrs Paulina Donkor Pastor Kofi Ntim Mr Nelson Gomelesio Mr Kofi Kyei-Mensah-Osei Mr George Evans Amuzu.
## **3.3. GENERAL COUNCIL MEETING**
The above meeting being the highest decision making body was held on Saturday the 2[nd] of December 2023 at 11 Cuckoo Hall Lane Edmonton (our church premises).
## **3.4. BRANCH PASTORS**
There are pastors who act as the spiritual leaders and head of the branches, thereby complementing the efforts of the Executives Committee. They are as follows;
Edmonton - Rev Mrs Pauline Donkor Barking - Pastor Michael Darko Northolt - Pastor Kofi Ntim.
Their main responsibilities included seeing to the spiritual development, guidance, counselling of the members and any member of the public who required their services.
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK)**
## **Reports and Financial Statements 31ST DECEMBER 2023**
## **Trustees Report continued..**
They spearheaded our usual provision of Counselling services, advice on parenting and family life as well as Career guidance to all who were effectively in need. These services continued to be so very important in the lives of many individuals and families.
## **3.5. BRANCHES** :
The organisation consists of 3 main branches currently operating in London, and situated in the following locations; Edmonton, Barking, and Northolt.
Our membership stand at 245 permanent and 56 casual members, aside a number of floating participants in our activities.
All the Three (3) branches of the church have gone through transformation in the form of election and appointment of Branch Board members.
In another development, the branches continued to operate as SEMI-AUTONOMY branches.
Branch elections and appointments have been conducted and Church Boards established for the branches namely;
1. Edmonton
2. Northolt
3. Barking.
## **4.0. DEPARTMENTS**
The church has six (6) departments namely 1.Men Ministry 2.Women’s Ministry 3.Sunday School Department 4.Children’s Ministry 5.Youth Ministry and 6.Missions and Evangelism.
Each department has a Director who organizes all programs and activities relating to their various departments. They work under the supervision of the Director for ministerial Operations.
## **4.1. WOMEN’S MINISTRY PROGRAM.**
The Women’s Ministry celebrated their month and fund raising in all the three branches in May. Our Northolt branch Women’s ministry arranged with a qualified Social worker to talk on, and discussed the topic entitled **‘Social services and your family; what you should know’.** A lot of social care issues were extensively discussed during the session.
The climax of their month was held on the 27th of May 2023.
## **4.2. MEN MINISTRY**
The Men’s Ministry month was June and all the branches’ Men’s Ministry had programs and raised funds to support church activities. The final day was held on the 25th of June 2023.
In Feb 2023, our Men’s Ministry and Women’s Ministry departments jointly organised a very successful discussion on ‘Marriage Issues’. Knowing that many marriages in this era suffer under a lot of pressure, they invited a lot of people from within the community to participate in it. A special prayer session was organised, and the whole church interceded for all who attended.
## **4.3. YOUTH MINISTRY**
The church have a vibrant you Ministry whose activities include, Youth Service, entrepreneurship development, giving moral and spiritual support to young people, encouraging and supporting young people to do well in their chosen academics.
In August, the Youth Ministry director organised a very powerful joint programme for all three branches to discuss **‘Youth Problems’** . By the end of August all the various Youth Departments in our three branches had celebrated their Days and fund raising programmes.
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK)**
## **Reports and Financial Statements 31ST DECEMBER 2023**
**Trustees Report continued..**
## **4.4. CHILDREN MINISTRY**
They held their month celebration and fund raising activities in March 2023 climaxing it on the 25th March 2023. Our dedicated volunteers in all three branches are committed to supporting and caring for the children during church activities, organising fun games and learning activities.
## **4.5. MISSIONS/CHARITY**
During the year, as part of our missions and charity activities, 12 individual persons, three Food banks and over 87 individuals were supported in the form of feeding and provision of some essential commodities and support for members, the homeless and businesses with a total sum of £28,841.00
Also, there was community engagement activities held at Ponders End Park, Northolt and Barking respectively. All the three branches also made food donations to the North Enfield Food Bank, Kingsley Hall Food Bank at Dagenham and Ealing Food Bank.
## **4.6. SUNDAY SCHOOL DEPARTMENT**
This department successfully organized Sunday school bible teaching for adults, youth, children and the aged every Sunday from 11.00 to 12.00(Edmonton) 12.00 to 13.00 (Barking) and 14.00 to 13.00 (Northolt). During the year, volunteers in the Sunday School Department and workers were appreciated.
## **5.0** . **WELFARE AND SUPPORT.**
We continued to provide financial and emotional support to some vulnerable and underprivileged members and neighbours. Some bereaved persons/ members had a lot to bear due to their losses and predicament and we saw the need to help with counselling and financial reliefs.
## **6.0** . **FINANCIAL ADMINISTRATION**
Financial Management continued to be the responsibility of a three member Team who prepare and manage our finances; they work under the control of the Trustees.
They are;
- 1. George Evans Amuzu -Trustee.
- 2. Charles Nsiah
- 3. Elizabeth Assensoh
The Church’s Finance Team continued works in close consultation with AL Accounting Solution, Accountants / Accounting Consultant in London and Bristol.
## **6.1. GIFT AID:**
The Charity claimed the 2022 gift aid of £27, 807.00 from the HMRC to support its programmes and activities.
## **6.2. FUND RAISING TOTAL FUNDS**
The Charity’s fund raising activity is usually by Tithes, free will Offerings, donations, pledges and sponsorship. These fund raising activities happened each Sunday; others happened during Easter Church services; Mid-year and Annual Thanksgiving Harvest which took place in July and December respectively. Members freely contributed to support the charities activities and the church total **Income as at 31[st] December 2023 was £298,805.06 while expenditures stood at £250,940.63.**
## **6.3. FINANCIAL POLICY:**
The charity always adhered to a pragmatic and more comprehensive Financial Policy alongside our constitution to ensure judicial use of funds. Systems and mechanisms of check and balance are in place to ensure proper funds disbursements.
This policy was reviewed and updated to accommodate current trends of financial issues.
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK)**
## **Reports and Financial Statements 31ST DECEMBER 2023**
**Trustees Report continued..**
## **7.0 PROGRAM OF ACTIVITIES:**
The Trustees managed and organised the under listed activities during the year under review. Board Meetings:
During the year, the Trustees had four (4) quarterly meetings and five (7) emergency meetings to discuss and deal with issues pertaining to the organisation.
## **7.1. VOLUNTEERS & VOLUNTARY ACTIVITIES.**
During the year, 45 volunteers across the branches served in different capacities.
Some of their activities included directing and assisting people during events, caring and supporting children, distributing gospel materials, serving children’s meals, teaching at our various children and Sunday school services, teaching and supporting the Youth and assisting the elderly people who needed help. Others supported elderly and lonely people in their shopping and other domestic chores. They volunteered for at least 3.5 hours every week.
## **7.2. EMOTIONAL & SPIRITUAL SUPPORT**
This is an on-going activity in which several people who have various spiritual, social and other related problems freely and voluntarily sought assistance from the Charity. The Charity supported them in; counselling, prayers, financial and material needs and with other social recreational activities.
## **7.3. FEEDING THE LESS PRIVILEGED/ VULNERABLE:**
Hot meals were also provided by the church to over 250 people along the Seven Sisters road leading to the tube station.
## **MCAG (UK) COFFEE MORNING:**
The above project was launched on Wednesday 2nd August 2023.
The project a new innovation to give back to the community is held every Wednesday between 09:00 and 11:00. It’s aimed at providing breakfast for the elderly, homeless, vulnerable and underprivileged persons. It was launched by the Mayor of Enfield and also attended by the MP for Edmonton as well as Councillor for the area.
## **7.4. DONATIONS TO CHARITY OUTSIDE UK:**
During the year, the charity did not make any donations outside of the United Kingdom. However, we are still sponsoring 8 children through education in Africa through Compassion UK.
## **7.5. MONITORING AND EVALUATION:**
We can affirm that the trustees are monitoring every activities of the Charity, monitoring tools such as weekly checks, proper and judicious use of funds, following laid down financial practices and procedures monitoring visits and periodic review of practices are in place to ensure conformity and probity.
## **8.0. CHALLENGES** :
As it can normally happen in organisation of same nature, the Trustees faced few challenges in the discharge of their duties throughout the year; however, our achievements overshadowed the challenges.
We are in consonance with the fact that there is always room for improvement and as such we continue to work hard to address the challenges and improve upon the past achievements.
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK)**
## **Reports and Financial Statements 31ST DECEMBER 2023**
## **Trustees Report continued..**
## **Statement of trustees' responsibility**
Charity regulations requires the trustees to prepare financial statements that give a true and fair view of the charity's financial activities during the year and its financial position at the end of the year.
In doing so the trustees are required to:-
- select suitable accounting policies and then apply them consistently;
- make judgements and reasonable and prudent judgement;
- state whether applicable accounting standards and statement of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with applicable law, regulations and the trust deed. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
By order of the Board
……………………………….
George Amuzu Trustee
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK)**
## **Reports and Financial Statements 31ST DECEMBER 2023**
**Independent Examiner's report to the Trustees for the year ended 31ST DECEMBER 2023.**
I report to the trustees on my examination of the accounts of the above charity for the above period.
## **Responsibilities and basis of report:**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement:**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
* the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alhassan Bangura FCCA AL Accounting Solutions 21A Brighton Road South Croydon Surrey CR2 6EA
Date.....................................................
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK)**
## **Reports and Financial Statements**
## **Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31ST DECEMBER 2023**
|**Unrestricted**
**Funds**
**Notes**
£
**Incoming resources:**
Voluntary income
241,390
Gift Aid Claims
27,817
Investment income
97
Total Incoming resources
269,304
**Resources Expended:**
5
230,511
Total Resources Expended
230,511
Net Surplus / (Deficit) for the year
38,793
Opening funds
444,989
Closing Funds
483,782|**Total**
**Funds**
**2023**
**£**
**241,390**
**27,817**
**97**
**269,304**
**230,511**
**230,511**
**38,793**
**444,989**
**483,782**|Total
Funds
2022
£
172,951
26,789
3
199,743
**149,562**
149,562
50,181
394,808
444,989|
|---|---|---|
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements**
## **Balance Sheet as at 31ST DECEMBER 2023**
|**Fixed assets**
Freehold Premises at cost
Other Fixed Assets
**Current assets:**
Members Loans payable
Cash at bank
Less: Current Liabilities
**Mortgage Loan**
**Net Assets**
**Represented by:**
Unrestricted funds|**Notes**
2
3
4|**2023**
**£**
**900,000**
**33,602**
**15,000**
**87,609**
**102,609**
**(8,347)**|**2023**
2022
**£**
£
900,000
37,608
**933,602**
937,608
2,000
71,931
73,931
(12,921)
**94,262**
61,010
**(544,082)**
(553,629)
**483,782**
444,989
**483,782**
444,989
**483,782**
444,989|2022|
|---|---|---|---|---|
Signed on behalf of the trustees
……………………………….
Date: ....................................................
George Amuzu Trustee
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**MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements**
## **Notes forming part of the financial statements for the year ended 31ST DECEMBER 2023**
## **1 Accounting policies**
a) The accounts (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 (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
b) Voluntary income is received by the way of donations towards religious tithes and offerings. Donations received is included in full in the Statement of Financial Activities in the year in which they are received.
c) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
d) Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:
- Freehold Imporvments 5% Straight line
-Plant & Machinery 20% Reducing balance
e) Unrestricted funds are donations and other incoming resources received for the objects of the charity without further specified purpose and are available as general funds.
f) Restricted funds are to be used for specific purposes as laid down by the donor.
## **2 Other Fixed Assets**
|**Other Fixed Assets**||
|---|---|
|Leasehold
Equipment &
Improvements
Furniture
£
£
Cost:
As at 1 Jan 2023
21,519
71,196
Addition
-
898
As at 31 Dec 2023
21,519
72,094
Depreciation:
As at 1 Jan 2023
2,152
52,955
Charge
1,076
3,828
As at 31 Dec 2023
3,228
56,783
Net Book Value:
As at 1 Jan 2023
19,367
18,241
As at 31 Dec 2023
**18,291**
**15,311**|**Total**
£
92,715
898|
||93,613|
||55,107
4,904|
||60,011|
||37,608
**33,602**|
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements**
## **Notes forming part of the financial statements for the year ended 31ST DECEMBER 2023**
|**3**
**Creditors: amount falling due**
**within one year**
Accruals
Other taxes and social security
Pension liability
**4.**
**Mortgage Loan**
Balance brought forward
Less: Repayment
Add: Interest plus adjustment
Balance carried forward
**5**
**Resources Expended**
Honararium & Members Welfare
Outreach & Events
Salaries, wages & pension cost
Allowances & other staff cost
Training & Development
Rent, Rates & Utilities
Vicarage Cost
Telephone & Internet
Travelling & motor expenses
Bank Charges & Interest
Repairs & Renewals
Insurance & Licences
Mortgage Loan Interest
Depreciation
Legal & Professional Fees
Accountancy Fees
**Total**|**2023**
**Total**
**£**
**3,000**
**5,244**
**103**
**8,347**
**2023**
**£**
**553,629**
**(50,757)**
**41,210**
**544,082**
**2023**
**Total**
**£**
**7,792**
**28,976**
**73,087**
**23,307**
**400**
**16,910**
**14,300**
**2,215**
**1,107**
**1,533**
**200**
**2,627**
**41,210**
**4,904**
**8,334**
**3,609**
**230,511**|2022
Total
£
2,760
10,161
-|
|---|---|---|
|||12,921|
|||2022
£
565,500
(35,460)
23,589|
|||553,629|
|||2022
Total
£
5,880
13,092
52,150
18,570
-
7,400
13,200
1,023
1,711
790
1,600
1,705
23,589
5,636
-
3,216|
|||149,562|
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## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements**
## **Notes forming part of the financial statements for the year ended 31ST DECEMBER 2023**
|**6.**
**Related Party transactions**
_Related party transactions are resources expended to trustees or their relatives_
Salaries and wages
Cash Benefits (additional payment as allowances & appreciation )
Vicarage (additional payments for residence )
Professional fees (to perform services paid for)|**2023**
**£**
**73,087**
**23,307**
**14,300**
**4,000**
**114,694**|2022
£
30,000
18,570
13,200
2,000|
|---|---|---|
|||63,770|
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**Registered Charity No: 1109266**
MIRACLE CENTRE ASSEMBLIES OF GOD (UK)
Reports and Financial Statements Year ended 31ST DECEMBER 2023
AL Accounting Solutions Limited Chartered Certified Accountants 21A Brighton Road South Croydon Surrey CR2 6EA
## **MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements**
## **Contents**
|Page No||
|---|---|
|1|Legal and administrative information|
|2-6|Trustees Report|
|7|Independent Examiners Report|
|8|Statement of Financial Activities|
|9|Balance Sheet|
|10-12|Notes forming part of the financial statements|