2024-03-31-accounts - True Vine Apostolic Ministries

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TRUE VINE APOSTOLIC MINISTRIES

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] MARCH 2024

CHARITY NUMBER: 1112057

TRUE VINE APOSTOLIC MINISTRIES 147 BARING ROAD LONDON SE12 OLA

INDEX Page Index 1 Trustee’s Report 2 - 3 Independent Examiner’s Report 4 Receipts and Payments Account 5 Statement of Assets and Liabilities 6 Notes on the financial Statements 7

TRUE VINE APOSTOLIC MINISTRIES

TRUSTEES’ REPORT YEAR ENDED 31[ST] MARCH 2024

The trustees are pleased to present their report for the year ended 31[st] March 2024 for the charity, The Arm of God International Church Limited with charity number 1112057.

The Trustees of the charity are: Tracey-Ann Buckley Jennifer Ann Currie Rev Neville Williams- Silvera

The principal address of the charity is: 147 Baring Road London SE12 0LA

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a Constitution that was adopted on 16[th] January 2004 as amended on 11[th] October 2005.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

TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE, PARTICULARLY BUT NOT EXCLUSIVELY FOR CHILDREN AND YOUNG PEOPLE, FOR RECREATION, EDUCATION OR OTHER LEISURE TIME OCCUPATION IN ORDER TO IMPROVE THEIR QUALITY OF LIFE; TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO AND BY SUCH MEANS AS ARE CHARITABLE TO FURTHER THE RELIGIOUS AND OTHER CHARITABLE WORKS OF THE CHARITY IN THE UNITED KINGDOM OR ELSEWHERE AS THE CHARITY MAY FROM TIME TO TIME THINK FIT; TO ADVANCE EDUCATION IN ACCORDANCE WITH THE CHRISTIAN PRINCIPLES BY SUCH MEANS AS THE TRUSTEES OF THE CHURCH MAY FROM TIME TO TIME THINK FIT INCLUDING BY MEANS OF ESTABLISHING AND OPERATING ANY EDUCATIONAL ESTABLISHMENT OR ESTABLISHMENTS IN THE UNITED KINGDOM AND ELSEWHERE; TO PROMOTE AND FULFIL SUCH OTHER PURPOSES BENEFICIAL TO THE COMMUNITY IN THE AREAS WHERE THE CHURCH MAY FROM TIME TO TIME BE OPERATING IN THE UNITED KINGDOM OR ELSEWHERE AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT.

ACHIEVMENTS AND PERFORMANCE

The Organisation held successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation also continues to hold its weekly worship services, which continues to encourage and strengthen the members of the community. The Church also sponsored the hosting of television programs on a Christian channel.

FINANCIAL REVIEW

The income of the charity is above £25,000 and was from donations received from members. The church cut down on its expenses this year and is an ongoing concern.

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 build up and 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:

Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the applicable accounting standards have been followed.
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 28[th] October 2024 and signed on their behalf by:

Independent Examiner’s Report To the Trustees

TRUE VINE APOSTOLIC MINISTRIES

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 43(2) of the Charities Act 1993 (the 1993 Act),does not apply. It is my responsibility to :

Examine the accounts under section 43(3) of the 1993 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 43(7)(b) of the 1993 Act.
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;

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
proper accounting records are kept( in accordance with section 41 of the Act)
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act: or
(2) 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 Generator Business Centre 95 Miles road Mitcham Surrey

TRUE VINE APOSTOLIC MINISTRIES

ACCOUNTS FOR THE YEAR ENDED 31st March 2024

1 Receipts & Payments Account (General Purpose Fund)

Income Receipts Donations Gift Aid Total Receipts Direct Charitable Expenditure Hall Hire Insurance Refreshments Ministers Expenses Professional fees Accountant Welfare Missions Website costs Church Event Admin Honorarium Benevolent giving Caretaker expenses Supplies Music services Transport Advertising Other Expenditure Fixtures & Fittings Instruments Total Payments Net Receipts/Payments for the year Cash funds at start of year Savings Account Cash Funds at end of year	£ 2024 25136 _ 25136 _ 5914 326 372 8000 40 240 375 560 0 850 60 155 1050 500 144 160 3277 233 22256 0 0 ___ 0 22256 2880 18730 21610	£ 2023 19697 2358
		_ 22055 _ 7055 0 0 9000 210 240 1240 0 0 615 300 0 300 510 85 0 1047 70 20672 0 0 ___ 0 20672 1383 17347
		18730

TRUE VINE APOSTOLIC MINISTRIES

2 Statements of Assets and Liabilities at 31st March 2024

Cash Funds	Unrestricted Funds
	2024/£	2023/£
Barclays	21610	18730
	___	___
Total Cash Funds	17347	18730
	___	___
Assets Retained for the
Charity's Own use
Musical Instruments	1676	1676
Equipments	3604	3604
Fixtures & Fittings	215	215
	___	___
	5495	5495
	___	___
Liabilities
Accounting fee	250	240

Approved by the Trustees and signed on their behalf:

TRUE VINE APOSTOLIC MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st March 2024

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993.

Funds

Unrestricted funds are those which can be used at the Trustees' discretion. Restricted Funds are those whose purposes have been restricted by the donor.

The church had no employees. All work was carried out by volunteers during the financial year.