MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2024
Legal and administrative information
Status
Registered charitable organisation since 28 April 2005
Board of Trustees
Rev. Alexander Donkor Rev. Paulina Donkor Rev. Micheal Darko Mr Kofi Ntim Mr Nelson Gomelesio Mr Kofi Kyei-Mensah-Osei
Registered Charity No
Registered office address
1109266 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 2024
Trustees Report
The Trustees' present their annual account for the year ended 31ST DECEMBER 2024.
INTRODUCTION :
In this 2024 Annual report for MCAG (UK), we will cover areas of interest and importance – focusing more on the following;
2.0 . AREAS OF OPERATION: MCAG (UK) is an international organisation currently operating in the United Kingdom, Wales and Northern Ireland. It has always been our wish to extend our services and efforts into other parts of the world where and whenever we deem appropriate.
3.0. MANAGEMENT INFORMATION : “MCAG (UK) BOARD OF TRUSTEES” continues to be the management committee of the organisation operating from our head office at Edmonton.
3.1. BOARD OF 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 – General Overseer
Rev/Mrs Paulina Donkor – Director for Ministerial Operations. Rev Michael Darko – Special Assistant to the General Overseer Pastor Kofi Ntim – Administrative Secretary/Convenor
Mr Nelson Gomelesio – In-coming Financial Secretary/Personnel in charge of Gift Aid.
Mr Kofi Kyei-Mensah-Osei – Assistant Director for Ministerial Operations/Governance Champion Mr George Evans Amuzu. – Out-going Financial Secretary
3.2. GENERAL COUNCIL MEETING : The above meeting being the highest decision making body was held on 7th December 2024 at 11 Cuckoo Hall Lane Edmonton (our church premises).
3.3. BRANCH PASTORS : Our pastors act as the spiritual leaders and head of the branches, thereby complementing the efforts of the Board of Trustees. They are as follows;
Edmonton - Rev Mrs Pauline Donkor
Barking – Rev Michael Darko Northolt - Pastor Kofi Ntim.
Their main responsibilities have always included seeing to the spiritual development, guidance and counselling of the members and any member of the public who required their services.
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.
3.4. BRANCHES : The organisation consists of 3 main branches currently operating in London, and situated in the following locations; Edmonton, Barking, and Northolt.
Our membership has grown up to approximately 270 permanent and 70 casual members, aside a number of floating participants in our activities.
All our branches conducted elections and appointments in the previous year, and that Church Boards have been established for the branches namely;
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Edmonton
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Northolt
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Barking.
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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2024
Trustees Report continued …
4.0. DEPA RTMENTS : The church has six (6) departments namely; 1.Men’s 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 DEPARTMENT: The Women’s Ministry celebrated their month and fund raising in all the three branches in May. Our Northolt branch Women’s ministry arranged for an astute Financial/Insurance Advisor and a qualified Social worker to give the whole church talks on topics ‘Financial stability & financial freedom and Relationship between Social services and your family’. The Women’s ministry directorate also organised programmes centred on the Holy Spirit, dubbed “Encounter with the Holy spirit”. This programme had a massive influence on both emotional and spiritual lives of the women in the church and the community.
4.2. MEN’S MINISTRY DEPARTMENT: The Men’s Ministry month has always been the month of June and all the Men’s ministries in the local branches organised programmes and raised funds to support church activities. The final day was held on the last Sunday of June 2024. The Men’s Ministry Director organised an all night prayer session in which most of the attendees were massively impacted spiritually. On another note they organised a programme on Marriage to discuss what actually causes some marriages to face difficulties. This programme went a long way to clarify doubts in the minds of some of the men to the extent that issues in some marriages were resolved.
4.3. YOUTH MINISTRY DEPARTMENT: The vibrant Youth Ministry in the church 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. On 10[th] August, the Youth Ministry Director organised a very powerful joint programme for all three branches to engage in ‘Equipped, a better You’ , a very interactive day with workshops that looked at a range of different topics in a Christian’s life that are rarely spoken about, particularly, finance, education and mental health. On 1[st] and 2[nd] November, the Youth director organised another programme themed ‘Encounter with the Holy Spirit’ which was full of deep worship, praises and prayers of unconditional magnitude. It was a life-changing experience for the youth in the church, which called for more of such encounter in the future.
4.4 CHILDREN MINISTRY DEPARTMENT: In April the local children’s ministries in all our branches organised highly successful day celebrations. These provided a platform for Spiritual growth, creative expression and community bonding. They Children’s ministry directorate introduced a new curriculum that was well received by both children and parents. It focuses on Biblical story–telling and hands-on learning like colouring and painting for little children. As part of the curriculum focus, children’s participation in Bible memory verse challenge has increased by 20%, which is a testament to all. 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, 16 individual people, two Food banks and over 100 individuals were supported in the form of feeding and provision of some essential commodities and support for members, the homeless and businesses.
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 every Sunday from 11.00 to 12.00 (Edmonton) 12.00 to 13.00 (Barking) and 14.00 to 15.00 (Northolt). These weekly activities continued to be a strong base for biblical experience and knowledge for all persons in our church. Bible studies at Sunday school sessions every Sunday continues to be strong and reliable base for our members and the visiting members of the community. It throws more light on sound Biblical doctrines and solid grounds for development and stability in the Lord, which in turn positively affects the communities and societies. During the year, volunteers in the Sunday School Department and workers were acknowledged and appreciated.
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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2024
Trustees Report continued …
5.0 . WELFARE AND SUPPORT: We continued to provide financial and emotional support to some vulnerable and underprivileged members and neighbours. We continued to provide counselling support and services to those within the church and the wider community.
6.0 . FINANCIAL ADMINISTRATION : Financial Management continued to be the responsibility of a three/four member Team who prepare and manage our finances; they work under the control of the Trustees. They are; George Evans Amuzu -Trustee. (Out-going leader), Nelson Gomelesio –Trustee (In-coming leader), Charles Nsiah, Elizabeth Assensoh.
6.1. GIFT AID: The Charity claimed the 2023 gift aid of £41,250.00 from the HMRC to support its programmes and activities.
6.2. FUND RAISING: 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 Convention services in April; Mid-year and Annual Thanksgiving Harvest which took place in July and December respectively.
6.3. FINANCIAL POLICY: The charity always adheres 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.
7.0 PROGRAMME 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 seven (7) emergency meetings to discuss and deal with issues pertaining to the organisation.
7.1. VOLUNTEERS & VOLUNTARY ACTIVITIES: During the year, 48 volunteers across the branches served in different capacities. Some of their activities included directing and assisting people during events, caring for, 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, emotional 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 200 people along the Seven Sisters road leading to the tube station. Our Northolt branch engaged the local community around the Northolt post office area and served hot meals and soups to about 30 members of the community.
MCAG (UK) COFFEE MORNING: The above project which was launched by the Mayor of Enfield on Wednesday 2nd August 2023, continued throughout this year under review (2024). The project a new innovation to give back to the community is held every Wednesday between 09:00 and 11:00. It continued during this year at providing breakfast for the elderly, homeless, vulnerable and underprivileged persons.
7.4. DONATIONS TO CHARITY OUTSIDE UK: During the year, the charity made a donation of £1000.00 outside of the United Kingdom, in support of a needy and indisposed family of a retired minister of the gospel. That notwithstanding, 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.
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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2024
Trustees Report continued …
8.0. CHALLENGES : Our challenges remain the same as in the previous year; as it can normally happen in organisation of like nature, we faced few challenges in the discharge of our duties in the year however we believe that our achievements overshadowed the challenges that faced.
We know 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.
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:-
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select suitable accounting policies and then apply them consistently;
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make judgements and reasonable and prudent judgement;
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state whether applicable accounting standards and statement of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
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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 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
By order of the Board
……………………………….
Nelson Gomelesio
Trustee
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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements 31ST DECEMBER 2024
Independent Examiner's report to the Trustees for the year ended 31ST DECEMBER 2024.
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:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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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 2024
| Unrestricted Funds Notes £ Incoming resources: Voluntary income 212,937 Gift Aid Claims 41,250 Investment income 253 Total Incoming resources 254,440 Resources Expended: 5 193,190 Total Resources Expended 193,190 Net Surplus / (Deficit) for the year 61,250 Opening funds 483,782 Closing Funds 545,032 |
Total Funds 2024 £ 212,937 41,250 253 254,440 193,190 193,190 61,250 483,782 545,032 |
Total Funds 2023 £ 241,390 27,817 97 269,304 230,511 230,511 38,793 444,989 483,782 |
|---|---|---|
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MIRACLE CENTRE ASSEMBLIES OF GOD (UK) Reports and Financial Statements
Balance Sheet as at 31ST DECEMBER 2024
| Fixed assets Freehold Premises at cost Other Fixed Assets Current assets: Members Loans payable Debtors Cash at bank Less: Current Liabilities Mortgage Loan Net Assets Represented by: Unrestricted funds |
Notes 2 3 4 |
2024 £ 900,000 29,464 12,400 144,163 156,563 (5,998) |
2024 2023 £ £ 900,000 33,602 929,464 933,602 15,000 87,609 102,609 (8,347) 150,565 94,262 (534,997) (544,082) 545,032 483,782 545,032 483,782 545,032 483,782 |
2023 |
|---|---|---|---|---|
Signed on behalf of the trustees
………………………………. Nelson Gomelesio Trustee
Date: ....................................................
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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 2024
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 2024 21,519 72,094 As at 31 Dec 2024 21,519 72,094 Depreciation: As at 1 Jan 2024 3,228 56,783 Charge 1,076 3,062 As at 31 Dec 2024 4,304 59,845 Net Book Value: As at 1 Jan 2024 18,291 15,311 As at 31 Dec 2024 17,215 12,249 |
Total £ 93,613 |
| 93,613 | |
| 60,011 4,138 |
|
| 64,149 | |
| 33,602 29,464 |
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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 2024
| 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 |
2024 Total £ 3,000 2,998 - 5,998 2024 £ 544,082 (52,766) 43,681 534,997 2024 Total £ 5,778 12,207 66,659 16,917 700 17,565 15,200 948 162 1,366 2,089 1,821 43,681 4,138 192 3,767 193,190 |
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 |
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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 2024
| Notes forming part of the financial statements for the year ended 31ST DECEMBER 2024 |
||
|---|---|---|
| 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) Loans granted that remains unpaid at year end |
2024 £ 66,659 17,123 15,200 - 12,400 111,382 |
2023 £ 73,087 23,307 14,300 4,000 15,000 |
| 129,694 |
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Registered Charity No: 1109266
MIRACLE CENTRE ASSEMBLIES OF GOD (UK)
Reports and Financial Statements Year ended 31ST DECEMBER 2024
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 |
| 2-5 | Trustees Report |
| 6 | Independent Examiners Report |
| 7 | Statement of Financial Activities |
| 8 | Balance Sheet |
| 9-11 | Notes forming part of the financial statements |