# Registered Charity Number 1124518
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTERNATIONAL- EDGWARE
Report and Accounts
18 April 2024
Report and Unaudited Accounts
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Trustees' report|2|
|Statement of Trustees' Responsibilities|7|
|Directors' statement|3|
|Chartered Accountants' Assurance report|8|
|Statement of Financial Activities|9|
|Balance sheet|11|
|Notes to the accounts|12|
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Company Information**
## **Board Of Trustees**
Rt Rev Akwasi Asare Bediako Rev Richard Owusu Mr Daniel Kobina Buckman Mr Eric Boakye Agyemang
## **Accountants**
Arthur Godsons & Associates/Sam Dee & CO Chartered Certified Accountants. Hayes Middlesex UB4 8QY
## **Bankers**
HSBC P O Box 27 101-103 Station Road Edgware Middlesex HA8 7JJ
## **Registered office**
960 CAPABILITY GREEN LUTON LU1 3PE
**Registered number** 1124518
1
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE The report of the trustees**
The trustees present their report and accounts for the year ended 18 April 2024
## **Name, registered office and constitution of the charity**
The full name of the charity is Resurrection Power and Living Bread Ministries International, Edgware.
The charity was formed as an unincorporated charity.
Its registered charity number is : 1124518
The registered office is : 960 Capability Green, Luton, LU1 3PE
The telephone number is : 2088481050
## **The Objects of the Charity and how it is attempting to achieve the objectives**
The Edgware branch of the Resurrection Power and Living Bread Ministries International
is committed to enabling as many people as possible as possible, come to the knowledge of the gospel of Jesus Christ and consequently apply their knowledge of the ways and principles of Christ in all areas of their lives; including their spiritual, physical and emotional wellbeing asd part of the community.
## **OBJECTIVES AND ACHIEVEMENTS**
Resurrection Power and Living Bread Ministries International (REPLIB) maintains an overview of prayer and worship throughout our services and focus on suggestions as to how our services can involve the various groups and societies that live within the church community. We put faith into practice through the study of scripture, prayer, and music. The principal activity we carry out is holding services. With the assistance of the ministers and deacons, we hold a variety of services during the week and on weekends all year round to meet the needs of all, ensuring that all members; both young and old benefit from our range of services; which are normally held using two languages of which English is additional. We are keen to provide a very intimate and reflective environment for worship in all our branches and provide the opportunities for people to engage in more outgoing worship such as that provided on our live social media pages including that provided for the youth in our branches. Beyond these examples and activities, the pastors and ministers engage daily with the congregation e.g., when visiting people who are sick or in hospital, when counselling those experiencing pain, loss hardship, or other difficulties, when leading bereavement support groups and ministering to the home bound. The COVID 19 pandemic, brought a shift in the way we normally carry out our activities.
All our services had to move fully online for the greater part of the year, and no one could meet the other in person. Though it has been particularly challenging we continued to engage in online services for both services i.e., English and vernacular for our children,
youth, and adult.
2
Our services have continued though numbers as we continue to meet the needs of our members in our weekly meetings
## **Children`s Ministry**
Our children's ministry creates the environment for the children to openly acknowledge the Love of God for them and learn to live by the principles of Christ. Every Sunday service, they study the Word of God and praise and worship Him. We also entreat them to live good Christian manners and behaviour as our Lord Jesus Christ said, allow the Children to come unto me for such are the kingdom of God. The Bible also commands us in Proverbs 22:6 to teach the children the way they should go and when they grow they would not depart from it. Currently we encourage them to learn hard at school and home and not to be lazy in petty household chores. The children's department launched their own music team (Living Voices), and they have grown from strength to strength ministering in songs in church. This has encouraged the children to build in confidence and realise their talents positively. Food and snacks are provided for them every Sunday. As well as regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through child dedications we thank God for the gift of life, in marriage public vows are exchanged with God's blessings and through funeral services friends and family express their grief and give thanks for the life which is now complete in this world and to commend the departed soul into God's keeping. We have celebrated 5
child dedications and supported the people in our church community who lost loved ones in their family.
## **THE PRAYER TOWER GROUP**
The Prayer Tower is doing tremendously well. This is indeed the spiritual powerhouse of the church. The members meet on Saturdays to pray and intercede for the church and the nation.
## **MUSIC DEPARTMENT**
The music team has improved in numbers and spiritual strength. They meet every two weeks to practice songs and pray to strengthen the team; this has reflected well in worship during church services and meetings. The music team also organised the church's first carols' night, it was phenomenal and exciting. It brought the children and adults together, and we plan to continue this every year.
## **WELFARE DEPARTMENT**
The welfare department is entrusted with the general well being of the members and beyond. They visit hospitals and organise weddings, funerals, games as well as sporting activities. The welfare department was able to visit all new mothers at their respective homes and at hospitals; they also supported members who were in difficult situations as a result of the current recessionary climate in UK.
## **VOLUNTEERS**
We would like to thank all the volunteers who work so hard to make our church the
3
lively and vibrant community it is, and all the other members of Resurrection power and Living Bread Ministries International Edgware Branch for their valuable contribution to our ministry and for keeping the church running.
## **Specific changes in fixed assets**
Changes in fixed assets are shown in detail in the notes to the accounts. There were no acquisitions of equipments.
## **Availability and adequacy of assets of each of the funds**
The Board of Trustees is satisfied that the Charity's assets are available and adequate to fulfil its obligations.
## **Policies on reserves, investment policies and investment performance**
The trustees have resolved to establish reserves policy of maintaining unrestricted funds - free reserves of the Charity at a level which equates to approximately 5% of the anticipated expenditure for the following year.
## **Effectiveness of fundraising policies**
The charity relies on grant aid from the donors identified in the accounts , whose support is valued. There have been no major other fundraising activities.
## **Some financials and reserves**
Total incoming funds for the year amounted to £119,828
and the total expenditure also amounted to £115,031 leaving a net surplus of £4,797. Total Funds (both Restricted and Unrestricted) as at the end of the year stood at £187,920. The Trustees have put in place measures to counter any reoccurrence of the deficit in the future. All none essential expenditures are to be cut off and the members are being encouraged to support the work of the Charity as much as they are able.
## **The Charity's grant making policies**
This is not applicable to activities of the charity as no grants are made.
4
## **The major risks to which the charity is exposed and reviews and systems to mitigate risks**
The trustees identify the major risks to which the charity is exposed each financial year when preparing and updating a strategic plan, in particular those related to the operations and finances of the charity. The trustees then review any major risks which have been identified, and establish systems to mitigate those risks. The charity is satisfied that the systems are in place to mitigate their **Legal Status** exposure to the major risks which have been so identified and reviewed.
## **1. Financial**
The charity is open to the usual financial risks of any organisation, and the charity has introduced controls to minimise these risks, such as two signatures being required for payments from the bank account. **The members of the Board of Trustees of the Charity during the year ended** In addition, the accounts are regularly explained to members of the charity and are open for member's inspection at any time. **18th April 2012**
## **2. Other**
Work with children and vulnerable adults is open to risks . The policy is that client's visits and counselling is done in pairs, as is children's' work.
New workers and volunteers are vetted and any problems discussed .
## **Legal Status**
The charity is an unincorporated charity governed by a written constitution adopted by its members. There are no restrictions in the governing document on the operation of the charity or on its investment powers , other than those imposed by general charity law.
**The members of the Board of Trustees of the Charity during the year ended 18th April 2023 were:-**
## **Rt Rev Akwasi Asare Bediako**
## **Rev Richard Owusu Mr Daniel Kobina Buckman Mr Eric Boakye Agyemang**
The members of the Board of Trustees of the Charity at the date the report and
accounts were approved were:- (As above) **R**
## **Bankers**
HSBC
P O Box 27 101-103 Station Road Edgware Middlesex HA8 7JJ
5
## **Auditors and details of their qualifications**
Francis Arthur FCCA MSc MBA, Sam Dee & CO/Arthur Godsons & Associates Chartered Certified Accountants
126 Fairholme Crescent Hayes Middlesex UB4 8QY
6
## **Statement of Trustees' Responsibilities**
Law applicable to charities in England & Wales requires the Board of trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the financial year In preparing those financial statements giving a true and fair view, the Board of trustees should follow best practice and :-
* Select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed , subject to any departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate.
The trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and enable them to ensure that the financial statements comply with the requirements of applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of trustees on 29 August 2024
Signed
Rev. Richard Owusu Mr Daniel K. Buckman Senior Pastor
## **Board of Trustees**
7
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE**
## **Directors' statement**
We confirm that as directors we have met our duty in accordance with the Companies Act 1985 to:
- ensure that the company has kept proper accounting records;
- prepare accounts which give a true and fair view of the state of affairs of the company as at [date] and of its profit and loss for the year then ended in accordance with the Financial Reporting Standard for Smaller Entities; and
- follow applicable accounting policies, subject to any material departures disclosed and explained in the notes to the accounts.
Signatures
RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE 29 August 2024
8
**Chartered Accountants' independent assurance report on the unaudited accounts of RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE**
## **To the Board of Directors of RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE ('the Company')**
I report on the accounts of the Charity for the year ended 18 April 2024.
## **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 Charityies Act 2011 (the 2011Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the general Directions given by the commission under section 145 (5) (b) of the 2011 Act
- to 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 Commission. An examination includes a review of the accounting records kept by the Charity and 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 next statement.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements:-
• to keep accounting records in accordance with section 130 of the 2011 Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
9
have not been met or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Francis Arthur FCCA MSc MBA, Sam Dee & CO/Arthu Chartered Certified Accountants 126 Fairholme Crescent Hayes Middlesex UB4 8QY
29/08/2024
10
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Statement of Financial Activities**
**for the year ended 18 April 2024**
|**Notes**
**Incoming Resources**
Revenue grants,legacies & donations
Gift covenant Aid
Investment income
**Total Incoming Resources**
**Net Incoming Resources available for**
**charitable applications**
Costs of generating voluntary income
Governance
**Total Resources expended**
**Net Incoming Resources before**
**Transfers**
**Gross Transfers between funds :-**
**Net Incoming Resources before revaluations**
**and investment asset disposals**
**Net Movement in funds**
**Total funds brought forward**
**Additional Funds**
**Total funds carried forward**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
110,180
-
110,180
9,217
9,217
431
-
431
119,828
-
119,828
**119,828**
**-**
**119,828**
112,452
-
112,452
2,579
-
2,579
115,031
-
115,031
4,797
-
4,797
-
-
-
4,797
-
4,797
4,797
-
4,797
178,067
5,056
183,123
0
0
0
**182,864**
**5,056**
**187,920**|**Prior Period**
**Total Funds**
**2023**
**£**
87,465
-
315|
|---|---|---|
|||87,780|
|||**87,780**|
|||72,960
5,001|
|||77,961|
|||9,819
-|
|||9,819|
|||9,819
173,304
0|
|||**183,123**|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on page 13 as required by the said Statement.
**All activities derive from continuing operations.**
**The notes and schedule to the Statement of Financial Activities on pages 12 to 19 form an integral part of these accounts**
11
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Statement of Financial Activities for the year ended 18 April 2024**
|**Statement of Total Recognised Gains and Losses**
**for the year ended 18 April 2024**
Excess of income over expenditure before realisation of assets
**Net Movement in funds before taxation**|**2024**
**2023**
4,797
9,819|
|---|---|
||4,797
9,819|
There were no recognised gains or losses for the year or the prior year that are not included above,except for the transfer to fund for fixed assets shown.
## **Movements in revenue and capital funds for the year ended 18 April 2024**
|**Revenue accumulated fund**|**Revenue accumulated fund**||**Unrestricted**|**Restricted**|**Total**|**Last year**|
|---|---|---|---|---|---|---|
||||**Funds**|**Funds**|**Funds**|**Total Funds**|
||||**2024**|**2024**|**2024**|**2023**|
||||**£**|**£**|**£**|**£**|
|Accumulated fund brought forward|||178,067|5,056|183,123|173,304|
|Recognised gains and losses|||4,797|-|4,797|9,819|
||||182,864|5,056|187,920|183,123|
|Additional Funds|||-|-|-|-|
|**Closing Accumulated fund**|||**182,864**|**5,056**|**187,920**|**183,123**|
|**Summary of funds**|**Designated**||**Unrestricted**|**Restricted**|**Total**|**Last year**|
||**Funds**||**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2024**||**2024**|**2024**|**2024**|**2023**|
|Revenue funds||-|182,864|5,056|187,920|183,123|
|**Total funds**||-|182,864|5,056|187,920|183,123|
**The statement of changes in resources applied for fixed assets for Charity use is shown in the notes to the accounts**
**The notes and schedule to the Statement of Financial Activities on pages 12 to 19 form an integral part of these accounts**
12
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Balance Sheet as at 18 April 2024**
|**Notes**
**Fixed assets**
9
**Current assets**
Satellite churches -Current
investment
Debtors
10
Cash at bank and in hand
**Creditors:**
**amounts due within one year**
11
**Net current assets**
**Net assets**
satellite
**Capital and reserves**
Unrestricted revenue reserves
**Resources freely available**
Restricted revenue reserves
**Accumulated Funds**|**2024**
10,337
52,240
22,610
104,333
179,183
(1,600)
177,583
**187,920 **
182,864
182,864
5,056
**187,920**|**2023**
8,437
52,240
18,300
105,746
176,286
(1,600)
174,686
**183,123**
178,067
178,067
5,056
**183,123**|**2023**
8,437
52,240
18,300
105,746
176,286
(1,600)
174,686
**183,123**
178,067
178,067
5,056
**183,123**|
|---|---|---|---|
|||||
||||**183,123**|
||||178,067|
||||178,067
5,056|
||||**183,123**|
The Board of Trustees acknowledge their responsibility for ensuring the organisation keeps proper accounting records in accordance with the requirements of the Charities Act 2011 as more fully set out under Trustees` Responsiblities in the Report of the Trustees.
Rev. Richard Owusu Mr. Daniel K. Buckman Senior Pastor
Approved for signature by the Board of Trustees on 29 August 2024
**The notes and schedule to the Statement of Financial Activities on pages 12 to 19 form an integral part of these accounts**
13
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2024**
## **1 Accounting policies**
## _**Accounts preparation**_
The financial statements have been prepared in accordance with the Charities Act 2011 and with the Financial Reporting Standards for Smaller Entities and applicable accounting standards, effective April 2008, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales,effective April 2007, adapted to meet the needs of unincorporated organisations.
The organisation has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.
The charity is entirely dependent on continuing grant aid and as a consequence the going concern basis is also dependent on the continuing grant aid.
The particular accounting policies adopted are set out below.
## _**Accounting convention**_
The financial statements are prepared, on a going concern basis, under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments
## _**Incoming Resources**_
Incoming resources are accounted for on a receivable basis deferred as described below where appropriate. Rental income is included in the income and expenditure account net of collection charges on a receivable basis.
## _**Investment Income**_
Bank interest is included in the income and expenditure account on a receivable basis.
## _**Deferred Income**_
In accordance with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales grants received in advance and specified by the donor as relating to specific accounting periods or alternatively which are subject to conditions which are still to be met are deferred on an accruals basis to the period to which they relate. Such deferrals are shown in the notes to the accounts and the sums involved are included as creditors in the accounts.
## _**Recognition of Liabilities**_
Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales .
## _**Charitable expenditure**_
Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following :-
_A ti iti i f th f th h it ' bj ti_
14
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2024**
## _Activities in furtherance of the charity's objectives_
The costs of activities in furtherance of the charity's objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities.
## _Support costs of activities_
Support costs of activities for charitable purposes comprises the salary costs of the Manager and the Associate Manager as they are involved with project development and other project costs. There are a number of costs, including staffing costs, where it is impracticable to allocate these costs between administration and charitable expenditure and the trustees have allocated such costs to management and administration costs.
## _Management and administration of the charity_
Management and administration costs represent expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements.
## _**Allocation of costs within types of resources expended**_
The charity's operating costs include staff costs, rent and other related costs.Such costs are allocated between types of resources expended on the basis of estimates made by the trustees.
Administration expenditure includes all expenditure not directly related to direct charitable activity. In respect of certain items of expenditure it is a matter of judgement as to whether such items are direct charitable expenditure or are administrative, and the trustees have applied what they consider to be reasonable judgements in apportioning such costs.
## _**Fixed Assets and Depreciation**_
Tangible fixed assets are stated at cost less depreciation. Items of less than £400 are not capitalised.
Depreciation has been provided at the following rates in order to write off the assets (less their expected residual value ) over their estimated useful economic lives.
A regular annual review of the likelihood of asset impairment is undertaken.
Vehicles 20% per annum on cost/written down value Office equipments 20% per annum on cost/written down value Furniture, fixtures & fittings 20% per annum on cost/written down value
15
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2024**
## _**Capital Grants**_
The board of trustees consider that , in order to comply with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2005), grants of a capital nature given for specific purposes and fully utilised in the furtherance of the objects of the charity should be credited to the fixed asset funds after the sums have been properly expended on the restricted purpose. The related asset is shown in the balance sheet at the cost of acquisition or subsequent revaluation.
The related assets are subject to restrictions by the grant making organisation on their use and disposal, and these restrictions are noted in the fixed asset section of these accounts. The fixed asset fund so created is treated as a restricted fund.
Insofar as this policy relates to Government grants then this is a departure from the Statement of Standard Accounting Practice Number 4 in order to comply with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales.
## _**Taxation**_
As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the organisation , and is therefore included in the relevant costs in the Statement of Financial Activities
## _**Funds Structure Policy**_
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordance with the restrictions placed upon them.
There is no formal policy on the allocation of funds to designated funds.
There is no formal policy of transfer between funds, other than that described under the Capital Grants policy above. Any proposed transfer between funds would be considered on the particular circumstances.
## **2 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
16
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2024**
|**3**|**Net Incoming Resources before**
**This is stated after crediting :-**
**Revenue Turnover from ordinary activities**
Depreciation of owned fixed assets
R**e**ntals under opera**t**ing leases
Independent Examiner's Remuneration
D preciation of asse s held under finance leases and hire|**2024**
**£**
**119,828**
1,688
-
800|**2023**
**£**
**87,780**
2,394
-
800|
|---|---|---|---|
Funds belonging to the charity have been used for the purchase of insurance to protect the charity from loss arising from the neglect or defaults of its employees or to indemnify its employees against the consequences of any neglect or default on their part. The sum expended on such insurance was as indicated in the above schedule.
## **4 Statement that no expenses were paid to trustees or connected persons**
No expenses were paid on behalf of Trustees except for re-imbursement of amount expended wholly on behalf of the Charity.
## **5 Analysis of incoming resources and analysis of management and administration costs**
The details required by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2007), are shown in the Detailed Schedule to the Statement of Financial Activities on pages 13 to 21
|pages 13 to 19.
**6**
**Investment Income**
Interest
Interest Receivable
**7**
**Staff Costs and Emoluments**
Gross salaries and wages
Employer's National Insurance contributions
Pensions
Motor van expenses & travels|||
|---|---|---|
||**2024**
**£**
-
431
**2024**
**£**
15,747
680
2,317
-|**2023**
**£**
-
315
**2023**
**£**
12,000
408
888
2,472|
||18,744|15,768|
17
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2024**
||**Numbers of Employees (both full & part-time)**|**2024**|**2023**|
|---|---|---|---|
||Engaged on charitable activities|4|4|
||Engaged on management and administration|-|-|
|||4|4|
||There were no fees or other remuneration payable to trustees|||
||There were no other employees with emoluments in excess of £50,000 per annum|||
||Members help voluntarily in many ways.|||
|**8**|**Changes in resources applied for Fixed Assets**|**2024**|**2023**|
|||**£**|**£**|
||Net movement in funds from Statement of Financial Activities|1,209|4,002|
||Resources applied on Fixed Assets for charitable use|-||
||Net movement in funds available for future activities|1,209|4,002|
18
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - EDGWARE Notes to the Accounts for the year ended 18 April 2024**
## **9 Tangible functional fixed assets**
|**Cost or valuation**
At 19 April 2023
Additions
At 18 April 2024
**Depreciation**
At 19 April 2023
Charge for the year
At 18 April 2024
**Net book value**
At 18 April 2024
At 18 April 2023|**Motor van**
**Office**
**equipment Total**
**£**
**£**
5,580
29,095
34,675
-
3,588
3,588|**Motor van**
**Office**
**equipment Total**
**£**
**£**
5,580
29,095
34,675
-
3,588
3,588|
|---|---|---|
||5,580
#
32,683
38,263||
||3,512
414
3,926
1,654
2,585|22,726
26,238
1,274
1,688|
|||24,000
27,926|
|||6,369
10,337|
|||4,244
8,437|
All assets are used for direct charitable purposes and there are no inalienable or historic assets
## **10 Debtors**
||||
|---|---|---|
|**10 Debtors**
Prepaid expenses
Gift aid recovery
Other debtors
**11 Satellite Churches**
**Transfers**
**11 Creditors: amounts falling due within one year**
Bank loans and overdrafts
Other creditors|**2024**
**£**
16,300
-
6,310|**2023**
**£**
16,300
9,263
2,000|
||22,610|27,563|
||**2024**
**£**
**52,240**|**2023**
**£**
**52,240**|
||**52,240**|**52,240**|
||**2024**
**£**
-
1,600|**2023**
**£**
-
1,600|
||1,600|1,600|
## **12 Endowment funds**
The Charity had no endowment funds in the year ended 18 April, 2024
19
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - ED Schedule to the Statement of Financial Activities for the year ended 18 April 2024**
|**Unrestricted Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2024**
**2024**
**2024**
**£**
**Grants,Legacies and Donations**
**Non government and none public bodies**
**Incoming resources of a revenue nature**
Tithes & offerings
97,475
-
**97,475**
Satellite churches
10,000
-
**10,000**
Other donations
2,705
-
**2,705**
Covenant Gift Aid
9,217
-
**9,217**
Government covid grant
-
**0**
**119,397**
**-**
**119,397**
**Total Grants,Legacies & Donations Received**
**119,397**
**0**
**119,397**
**Investment Income as detailed in attached schedule**
Interest Receivable
431
-
**431**
**Total Incoming Resources**
**119,828**
**-**
**119,828 -**
**Charitable expenditure**
**_Costs of generating voluntary income_**
Head office subscription
8,861
-
**8,861**
Church rent
38,931
-
**38,931**
Satellite churches
-
-
**0**
Mission house rent
12,000
-
**12,000**
Guest preacher
-
-
**0**
Gross wages & salary
15,747
-
**15,747**
Employer`s NI
680
-
**680**
Pensions
2,317
-
**2,317**
Church activities
1,301
**1,301**
Conference/training
-
**0**
Evangelism and missions
1,725
**1,725**
Training
-
-
**0**
Music ministry
1,500
-
**1,500**
Donations
700
700
Men ministry
1,190
-
**1,190**
Women ministry
1,633
-
**1,633**
Travel and subsistence
-
**0**
Youth/children expenses
1,601
-
**1,601**
Cleanliness, hygiene and sanitizers
-
**0**
Welfare
20,100
-
**20,100**
Charitable Donations
-
-
**0**
Motor van and travel expenses
-
-
**0**
**108,286**
**-**
**108,286**|**Prior Year**
**Total Funds**
**2023**
**£**
**66,837**
**20,000**
**628**
**-**
**-**|
|---|---|
||**87,465**|
||**87,465**|
||**315**|
||**87,780**|
||**10,053**
**20,042**
**-**
**12,000**
**-**
**12,000**
**408**
**888**
**-**
**-**
**-**
**-**
**1,400**
1,160
**500**
**1,148**
**2,472**
**1,445**
**-**
**6,690**
**-**
**-**|
||**70,206**|
20
## **RESURRECTION POWER AND LIVING BREAD MINISTRIES INTL - ED Schedule to the Statement of Financial Activities for the year ended 18 April 2024**
|**Support Costs**
Postage, printing and stationery
Bank charges
Equipment expensed
Depreciation
Sundry expenses
Business supplies
**Total costs of generating Voluntary income**
**Governance costs**
Independent Examiners' Fee
Other accountancy fees
Insurance
**Total expenditure**|**Unrestricted Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2024**
**2024**
**2024**
**£**
2,068
**2,068**
410
**410**
-
**0**
1,688
-
**1,688**
-
**0**
-
**0**
**4,166**
**-**
**4,166**
**112,452**
**-**
**112,452 **
-
800
-
**800**
800
-
**800**
979
**979**
**2,579**
**-**
**2,579**
**115,031**
**-**
**115,031 **|**Prior Year**
**Total Funds**
**2023**
**£**
-
360
-
2,394
-
-|
|---|---|---|
|||**2,754**|
||||
|||**72,960**|
|||800
800
3,401|
|||**5,001**|
||||
|||**77,961**|
21