RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 18[TH] APRIL 2025
CHARITY NUMBER: 1124402
RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM 10 JOHN STREET SWAN VILLAGE WEST BROMWICH WEST MIDLANDS B70 OAB
INDEX Page Index 1 Trustee’s Report 2-3 Independent Examiner’s Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes on the financial Statements 7 - 10
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RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM TRUSTEES’ REPORT YEAR ENDED 18[th] April 2025
The trustees are pleased to present their report for the year ended 18[th] April 2025 for the charity, Resurrection Power and Living bread Ministries Birmingham with Charity Number 1124402.
The Trustees of the charity are: Mr Domfeh Gyeabour, Ms Florence Eshun Ms Augustine Appiah, Mr Kofi Brobbey Frimpong Ms Liticia Mary Abankwa , Mr Frank Gyau Rt Rev Akwasi Asare Bediako
The principal address of the charity is: 10 John Street Swan Village West Bromwich B70 0AB
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a declaration of trust that was adopted on 18[th] April 2008.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
The Objects of the organisation are to advance the Christian Religion [in accordance with the Statement of faith] throughout the world as the trustees may see fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.
ACHIEVMENTS AND PERFORMANCE
The Organisation continues to hold successful church services through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The church continues to hold several conferences during the financial year which helped the community in raising an awareness for the Christian faith. The church continues to support missionary work in Ghana and its branch church in Leeds. The charity held several evangelistic outreach events which raised a greater awareness of their work in the community.
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FINANCIAL REVIEW
The income of the charity is above £200,000. This is a larger amount than the previous year. The costs have been managed over this period. The charity is still in a good position to develop its objectives in the community. The charity has a long term mortgage on the building it operates from. The charity is a going 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 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:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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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 19[th ] August 2025 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees
RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM
I report on the accounts of the church for the year ended 18[th] April 2025 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 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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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;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
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(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 95 Miles Road Mitcham Surrey CR4 3FH
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RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM
Statement of Financial Activities for the year ended 18th April 2025
| Unrestricted | Unrestricted | Total Funds | ||
|---|---|---|---|---|
| Funds | 2025 | 2024 | ||
| Incoming ResourcesNote | £ | £ | ||
| from generated funds | ||||
| Donations & Legacies | 2 | 199353 | 199353 | 198552 |
| Investment income | 3 | 1 | 1 | 52 |
| 199354 | 199354 | 198604 | ||
| Other Income | ||||
| Other | 29759 | 29759 | 0 | |
| Total Incoming | 229113 | 229113 | 198604 | |
| Resources | ||||
| Resources Expended | ||||
| Charitable activities in furtherance of objectives | ||||
| Charitable Activities | 6 | 123,312 | 123,312 | 142988 |
| Other | 4 | 40670 | 40670 | 13750 |
| _______ | ||||
| Total Resources | 163,982 | 163,982 | 156738 | |
| Expended | _______ | |||
| Net movement in funds | 65,131 | 65,131 | 41866 | |
| Reconciliation of Funds | ||||
| Total Funds brought forward | 392501 | 392501 | 350635 | |
| Total Funds carried forward | 457,632 | 457,632 | 392501 |
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
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RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM Balance Sheet as at 18th APRIL 2025
| £ Note 2025 Fixed Assets £ Tangible fixed assets 5 420573 _ 420573 _ Current Assets Cash at bank and 61598 in hand Debtors & prepayments 9 21880 83478 Creditors:amounts falling due within one year Creditors & accruals 8 900 _ Net Current Assets 82578 _ Creditors:amounts falling due after one year 10 45519 Net Assets 457632 Unrestricted Funds General Fund 457632 _ TOTAL FUNDS 457632 _ |
£ 2024 414677 |
|---|---|
| ___ 414677 |
|
| ___ 78191 21452 |
|
| 99643 900 |
|
| ___ 98743 |
|
| ___ 120919 |
|
| 392501 | |
| 392501 |
|
| _ 392501 _ |
Approved by the trustees on 19th August 2025 and signed on their behalf:
The notes on these accounts form part of these accounts
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RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 18[TH] APRIL 2025
1) Accounting Policies These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts 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 (FRS102) issued on 16 July 2014.
- 1.1 Going Concern: The accounts are prepared on a going concern basis.
1.2 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
1.3 No changes to the accounting estimates have occurred in the reporting period
1.5 No material prior year error have been identified in the reporting period.
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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The charity becomes entitled to resources;
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It is more likely than not that the trustees will receive the resources;
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The monetary value can be measured with sufficient reliability.
Grants and Donations
Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)
.
Tax reclaim on donations and gifts
Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
EXPENDITURE AND LIABILITIES
Liability Recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Grants and Support Costs
Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
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RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 18[TH] APRIL 2025
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
ASSETS
Tangible Fixed Assets for use by the charity
They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.
Debtors
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.
.
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RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM Notes to the accounts for year ended 18th April 2025
2 Voluntary Income
| Church collections Tithes & Offerings Harvest Thanksgiving Other donations Total Other Income Gift Aid Insurance 3 Investment income Bank Interest 4 Other Missions Charity giving Donations<£1000 5 Tangible Fixed Assets Cost At 18/04/2024 Additions Disposals At 18/04/2025 Depreciation At 18/04/2024 charge for the year Disposals At 18/04/2025 NBV 18/04/25 NBV 18/04/24 |
Unrestricted Total funds Funds 2025 2024 £ £ 170609 170609 198552 0 0 0 0 0 0 28744 28744 0 _____ 199353 199353 198552 _____ 2025 2024 29759 0 29759 0 Unrestricted Total funds Funds £ 2025/£ 2024/£ 0 0 0 2025/£ 2024/£ Amount paid Purpose 40670 13750 missions 0 0 outreach 0 0 ministry donations ___ 40670 13750 ___ Land Instrument Vehicle Equipment Fix & Fitt Total 2025 £ £ £ £ £ 360000 21636 26600 30130 41630 479996 0 3820 2719 14500 0 21039 |
Unrestricted Total funds Funds 2025 2024 £ £ 170609 170609 198552 0 0 0 0 0 0 28744 28744 0 _____ 199353 199353 198552 _____ 2025 2024 29759 0 29759 0 Unrestricted Total funds Funds £ 2025/£ 2024/£ 0 0 0 2025/£ 2024/£ Amount paid Purpose 40670 13750 missions 0 0 outreach 0 0 ministry donations ___ 40670 13750 ___ Land Instrument Vehicle Equipment Fix & Fitt Total 2025 £ £ £ £ £ 360000 21636 26600 30130 41630 479996 0 3820 2719 14500 0 21039 |
|---|---|---|
| 360000 0 0 |
25456 29319 44630 41630 501035 10921 20589 14417 19392 65319 2907 1746 6043 4447 15143 |
|
| 0 360000 0 |
13828 22335 20460 23839 80462 11628 6984 24170 17791 420573 10715 6011 15713 22238 414677 |
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RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM Notes to the accounts for year ended 18th April 2025
| **6 ** | Cost of Activities in furtherance of Charity's Objectives 2025/£ 2024/£ Rent of building 0 0 Church house expense 16500 20400 Maintenance/ Repair 18400 8780 Conference costs 8700 25730 Wages 12300 12000 Vehicle expenses 1700 1500 Refreshments 5300 4500 Accounting services 900 900 Stationary 0 2720 Telephone & Internet 1403 1389 Music Services 0 0 Insurance 3420 5750 Professional fees 2020 2520 Light & Heat 10737 5772 Depreciation 15143 13669 Media services 500 350 Outreach costs 3800 3700 Renovation 5500 1300 Training costs 0 1500 Ministry supplies 556 2256 Welfare 0 1800 Bank 898 968 Travel & Substitence 2500 5700 Speakers expenses 900 7250 Waste services 500 700 Security costs 0 0 Rates 0 200 Mortgage Interest 10510 10509 Pension 1125 1125 TOTAL 123312 142988 _______ |
|---|---|
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RESURRECTION POWER AND LIVING BREAD MINISTRIES BIRMINGHAM
Notes to the accounts for year ended 18th April 2025
7 Staff Costs 2025/£ 2024/£ Salaries 12300 12000 Tax/NI 0 0 Total 12300 12000
No employee earned more than £10,000 p.a. There was 1 employee during the year.
8 Creditors: amounts falling due within one year 2025/£ 2024/£ Independent examination 900 900 Creditors 0 0 Total 900 900
9 Debtors and Prepayments 2025/£ 2024/£ Debtors 21880 21452
10 Creditors: amounts falling due after one year 2025/£ 2024/£ Mortgage loan 45519 120919
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