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2023-12-31-accounts

ADMINISTRATIVE INFORMATION

Charity Name: In His Presence Worship Ministry Charity Registration Number: 1123050

Principal Address: 27 Bennington close, Luton, LU2 7YJ

Trustees

The following individuals served as trustees and members of the Management Board for the entire reporting period:

Independent Examiner: Mrs Z. Shiri

Bankers: Lloyds Bank plc, George Street, Luton, LU1

STRUCTURE, GOVERNANCE, AND MANAGEMENT

Governing Document

In His Presence Worship Ministry operates under an order from the Charity Commission dated 3 March 2008 and is governed by the Constitution and Rules initially adopted on 1 June 2007 and amended on 4 March 2009.

Charity Management

The charity is overseen by a Management Board that also serves as the board of trustees. Board members are appointed by the charity’s Director, who is also the senior minister of the church. The board meets quarterly to review financial performance, project developments, and budget allocations. Annually, the Treasurer presents the financial accounts to the membership for approval at the Annual General Meeting (AGM), following an independent examination. The Chairperson is elected biannually by board members and confirmed during the church’s AGM.

OBJECTIVES

In His Presence Worship Ministry is dedicated to advancing the Christian faith, alleviating poverty, and supporting those facing hardship, illness, or distress within the UK and abroad. Key objectives include:

  1. Christian Worship Platform: Establish a welcoming environment for religious worship and spiritual growth.

  2. Community Outreach: Offer food, clothing, and support to those in need, especially the homeless, through our Outreach Ministry.

  3. Counselling Services: Provide support and guidance to individuals and families within the community.

  4. Cultural Integration: Host community events to foster cultural understanding and unity.

  5. Youth Engagement: Organize programs and training initiatives to positively engage youth and support their development.

ACHIEVEMENTS AND PERFORMANCE

Public Benefit Activities

In 2023, In His Presence Worship Ministry’s efforts continued to support and uplift our community through various initiatives:

Seasonal Celebrations:

Departmental Activities

FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023

IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023 IHP INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 31 DECEMBER 2023
Notes Unrestricted Funds Designated Funds Restricted Funds Total 2023
£ £ £ £
INCOME
Voluntary receipts
Receipts from donors
Tithes and offering 33214.00 33214.00
Donations 3800.00 3800.00
Incomegenerating activities
Gift Aid 0.00
TOTAL INCOME 37014.00 0.00 0.00 37014.00
EXPENDITURE
Welfare Assistance 10800.00 10800.00
Outreach(Soup Kitchen) 1760.00 1760.00
Church running expenses
Building & storage hire 10319.00 10319.00
Telephone & Internet(Zoom) 1373.00 1373.00
Insurance&Subscriptions 364.00 364.00
Travelling expenses 550.00 550.00
Printing & Stationery 450.00 450.00
Catering Expenses 2760.00 2760.00
Volunteer Allowances 2440.00 2440.00
Church Donations 2850.00 2850.00
Toiletries & Cleaning supplies 450.00 450.00
TOTAL EXPENDITURE 34116.00 0.00 0.00 34116.00
Excess of Income over Expenditure 2898.00 0.00 0.00 2898.00
Transfer between funds -1200.00 0.00 1200.00 0.00
1698.00 0.00 1200.00 2898.00
Balance b/foward 1st Jan 2023 -450.00 9300.00 8850.00
Balance c/foward 31 Dec 2023 1248.00 0.00 10500.00 11748.00

IHP STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DEC 2023

Page 2
Unrestricted Funds Designated Funds Restricted Funds TOTAL 2023
Cash Funds
Bank current account 1,248.00
£
-
£
10,500.00
£
11,748.00
£
Cash -
£
-
£
-
£
-
£
1,248.00
£
-
£
10,500.00
£
11,748.00
£
Assets retained for church use
Televisions
Musical Equipment
Computers
Furniture andfittings
Kitchen electricals
Liabilities -
£
-
£
-
£
-
£
The attached notes formpart of the financial statement

NOTES

1 The financial statements have been prepared in accordance with Statement of Recommended Practice; Accounting and Reporting by Charities (SORP 2005) issued by the Charities Commission and IHP Guidance using the accrual basis of accounting. The income and expenditure are added to the year to which they relate.

2 . Unrestricted funds can be used for anything towards meeting the church objectives. These include regular offering and tithes from church members and non-church members. These funds are used for the day to day running of the church.

3 Designated funds are donated for a special cause like for soup kitchen or outreach projects.

4 . Restricted funds are restricted to the cause which the donors have donated for. Our restricted fund is topped up by £100 monthly from our unrestricted funds and this is a saving towards purchasing of our property or is used as a reserve for emergency situations.

Independent examiner's report to the trustees of "IN HIS PRESENCE WORSHIP MINISTRY" Charity No 1123050

I report on the accounts of the Trust for the year ended 31 December 2023, which are set out on pages 01 to 03.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 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 Commission. An examination includes a review of the accounting records kept by the 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:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signature: Z Shiri 17/03/24 Address: 32 Seymour rd., Luton, LU1 3NL

Mrs Z Shiri