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2023-12-31-accounts

FAITH HOUSE MINISTRIES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees have the pleasure in submitting the Report and Accounts for the year

Objects of the charity:

The Trust seeks to demonstrate the Christian faith and charitable courses by serving as a church in UK.

Government:

The Board of Trustees was in regular contact beyond the prescribed frequency of meetings by the governing documents. Strategic decision- making was on a quorate basis. Board membership is stable, balanced and the Trustees operate to Charity Commission’s guidance and Charity Law.

Review of Activities:

The Church ‘ Faith House Ministries’ provides avenue and platform for charitable courses:

Financial review:

The Charity’s main source of finance was from tithe, offerings and donations from members. The Charity’s financial position is stable and balanced.

Trustees’ Responsibilities:

Charity law requires us as Trustees to prepare financial statements for each accounting year which receipts and payments of the charity for the year.

We are responsible to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

This report was approved by the trustees on............................ and signed on their behalf by:

Name:..........................................................................Sign............................................................ Rita Abbott

Page (a)

Charity Name
FAITH HOUSE MINISTRIES
Charity Name
FAITH HOUSE MINISTRIES
Charity Name
FAITH HOUSE MINISTRIES
Charity Name
FAITH HOUSE MINISTRIES
Charity Name
FAITH HOUSE MINISTRIES
No (if any)
1109943
No (if any)
1109943
CC16a
For the period
from
Period start date
01-Jan-23
To Period end date
31-Dec-23
Section A Receipts and Payments
A1 Receipts Unrestricted
funds
to the nearest £
50,679
12,510
10,656
-
5,256
-
-
79,101
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
Total funds
to the nearest £
50,679
12,510
10,656
-
5,256
-
-
79,101
-
79,101
41,359
-
9,298
-
3,531
3,479
2,485
-
-
-
1,000
19,255
-
-
-
80,407
-
80,407
- 1,306
-
131,328
130,022
Last year
to the nearest £
Church tithe and offerings 50,679 23,087
Donations 12,510 7,855
Gift Aid 10,656 7,325
Interest On savings - 59
BuildingFund 5,256 1,850
- -
- -
Sub total
A2 Asset and investment sales,
etc.
Total receipts
A3 Payments
79,101 40,176
- - - - -
79,101
41,359
-
9,298
-
3,531
3,479
2,485
-
-
-
1,000
19,255
-
-
80,407
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
40,176
Mortgage/Rent/Hiring of Hall 41,359 -
Travel & Transport - 30
General Administrative Expenses 9,298 1,362
Hiring of Hall - -
Hospitality 3,531 1,157
Conferences - Youth/Women,etc 3,479 2,839
Stationary & Other administrative costs 2,485 -
Salary - 7,741
Website & Advertisement - -
Training & Instrumentalists Fees - 250
Professional fees 1,000 500
Purchase & Repairs of Equipment 19,255 -
Bank Charges - 25
Other Legal Fees - -
Charitable Donations -
Sub total
A4 Asset and investment
purchases, etc.
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
80,407 13,904
- - - - -
80,407
- 1,306
-
131,328
130,022
-
-
-
-
-
-
-
-
-
-
13,904
- 1,306 - - - 1,306 26,272
- - - - -
131,328 - - 131,328 84,430
130,022 - - 130,022 110,702
Section B Statement of assets and liabilities at the end of the period 31 Dec.2023 Section B Statement of assets and liabilities at the end of the period 31 Dec.2023 Section B Statement of assets and liabilities at the end of the period 31 Dec.2023 Section B Statement of assets and liabilities at the end of the period 31 Dec.2023
Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
Details
Cash in hand
Cash at bank - Current
Cash at bank - Savings
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Building Deposit & Other Costs
Details
Details
Mortgage Loan
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
2,284
-
-
-
-
-
2,284
-
Agreement Error
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
403,000
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
361,641
-
-
-
-
-
Print Name
Endowment funds
to nearest £
-
-
-
-
OK
Endowment funds
to nearest £
-
-
-
-
-
-
Current value (optional)
-
-
-
-
-
Current value (optional)
-
-
-
-
-
-
-
-
-
When due (optional)
Date of approval

illba & Co Professlonal Accountanls & Consultanls INDEPENDENT EXAMINF.R'S REPORT TO THF. TRUSTEES OF: bAITH HOUSE MINISTRIF,.S (Charitv Nn: 1ln9943) We have examined and reported on the accounts of F4ith House Mln18trI¢8 for the y88r ended 31 D8c£rnber 2023 which ar& sel out on pages 2 10 3 Respe¢tl¥g respon8ibilitl8s of The charity's trustees are resp)n8ible for the prtparalion ol the accounts. The ¢hanty s trusts¢8 and examinèr trustees consider that an audit Is not r6yuired for this year under section 43(21 ol the Charities A¢t 1993 Ilhe 1993 Act) and that an Independent examination Is neede¢. ex8mine the accounts undgr section 43 of the 1993 Act. lo follow the procedures la￿ down in the general Directions gwpn by the Char,li Commission (under section 4317llbl of the 1993 A¢t. and to state whether particular matters have to my attention Basls of Independent My examlnation was carrwl out in 8ccordancè with gènèral Dir6thions given by the Char'ii examin8r's statornent Commission An examination Includes a ￿VIeW of the accounting re￿rdS kept by th& C￿a,..11 and a comparison of the 8ccounts presented with those recor(Is. It a150 Include consideffjlion of any unusu81 items or disclosures In the a￿unts. and seeking explanation from the trustees concerning any such matters The procedures undertaken do not prow<Je all tho ovidènce that woul4 b& required in an sudil, and con5equtsntly no opinion is given as to whether the accounts present 8 'true and fair. view and the report Is limited to those matters set out in the statetnent below. Indopendent 8xamin•rf$ In ¢onnection with my examinats"on, no matter has come to my attents'on.. slatsm¢nt 1. which gives me reasonable cause to believe that in, any material ￿peCt. quirement$'. to keep accounting records In acwrdan¢e wilh Section 41 oftha 1993 Act,. ar to prepa￿ accounts whi¢h a¢¢ord with th8 accojnting racords and eomply th& a¢counts"ng requirements of the 1993 Act have not been met, or 2. to which, In my opinion. attention should be drawn in order to enable a prop&.r unde15tanding of the accounts to be reached. Sign:. Date-. Name:. William Boamah ATnankwah IFFA, FTA} Professional Body.. Institute of Financial Accountants 4th Floor City Gale House, 246 250 Romfoid Road Foresl Gate London E7 9HZ Tel: 020 3288 3010 Fax: 08708 362 145 Mob: 0780 9395 514 www.willba.co.uk E: lnfo@wlllba.co.uk E: wl111am@￿1l1b&cO.uk