Registered number 1124526 **RESURRECTION POWER AND** LIVING BREAD MINISTRIES - CROYDON Report and Accounts 18 April 2025 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON Report and accounts Contents** ||**Page**| |---|---| |Charity information|1| |Trustees` Report|2| |Accountants' report|4| |Statement of Financial Activities|5| |Balance sheet|6| |Notes to the accounts|7| ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON Church Information** ## **Trustees** RT REV AKWASI ASARE BEDIAKO MR SAM OSEI MR EDWARD ADJEI MS SHEILA BENSON ## **Accountants** ARTHUR GODSONS AND ASSOCIATES/SAM DEE & CO 126 FAIRHOLME CRESCENT HAYES MIDDLESEX UB4 8QY ## **Bankers** THE ROYAL BANK OF SCOTLAND PLC 117-119 NORTH END CROYDON CR0 1TL ## **Registered office** 70 GORSE ROAD CROYDON CR0 8LA ## **Registered number** 1124526 1 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON CHARITY REGISTRATION :- 1124526 TRUSTEES` REPORT** The Trustees present their report and accounts for the year ended 18th Arpil 2025 for the charity, Ressurrection Power and Living Bread Ministries Croydon with Charity Number 1124526 The Trustess of the charity are: R Rt Rev. Akwasi Asare Bediako Mr. Sam Osei Mr. Edward Adjei Ms Sheila Benson The principal address of the charity is: 70 Gorse Road Croydon CR0 8LA ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The charity governing document is a trust deed that was adopted on 18th 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 orgnisation are to advance the Christian Faith (in accordance with the Statement of Beliefs) for the benefit of the public through the holding of prayers. Lectures, public celebration and religious festivals, and by producing and distributing literature and recorded material to enlighten others about the Christian faith. The Trustees confirm that they have had due regard to guidance issued by the Charity Commission on public benefit before deciding what activities should undertake. ## **ACHIEVEMENTS AND PERFORMANCE** The Organisation held successful services through the year in which individuals were equip ped and educated on the principles and doctrines of the Christian faith. The Church held several conferences to assist the development of the people in the community. ## **FINANCIAL REVIEW** The income of the charity was £49,717. The total outgoing resources were £43,505 leaving a surplus of £6,212. The Trustees are satisfied with the financial operations of the Charity during the period under review. The church made charitable donations to other charities with similiar objectives to provide support for their work. ## **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. ## **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. 2 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON CHARITY REGISTRATION :- 1124526 TRUSTEES` REPORT** ## **TRUSTEES 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: 1. Select suitable accounting polities and apply them consistently. 2. Make judgments and estimates that are reasonable and prudent. 3. State whether the applicable accounting standards have been followed 4. 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 and signed on their behalf by: MS SHEILA BENSON Trustee 13-Nov-25 3 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON** ## **Independent examiner’s report to the trustees of Resurrection Power** ## **& Living Bread Ministries Croydon** I report on the accounts of the Trust for the year ended 18 April 2025 ## **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 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 ARTHUR GODSONS AND ASSOCIATES/SAM DEE & C CHARTERED CERTIFIED ACCOUNTANTS 126 FAIRHOLME CRESCENT HAYES MIDDLESEX UB4 8QY 13 November 2025 4 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON CROYDON** ## **Statement of Financial Activities for the year ended 18 April 2025** ||**UNRESTRICT. RESTRICTED **|**UNRESTRICT. RESTRICTED **|**UNRESTRICT. RESTRICTED **|**TOTAL**|**TOTAL**| |---|---|---|---|---|---| |||**FUND FUND**||**FUND**|**FUND**| ||**Notes**|**2025**||**2025**|**2024**| |||||**£**|**£**| |**Incoming Resources**|||||| |**Total Incoming resources**||49666|0|49,666|62,366| |Costs of Generating voluntary||-39512|0|(39,512)|(44,056)| |Income|||||| |||10,154|-|10,154|18,310| |Governance costs||-3993|0|(3,993)|(3,737)| |**Operating profit**|2|6,161|-|6,161|14,573| |Interest receivable||51|0|51|-| |**Net Resources for the**|**year**|6,212|-|6,212|14,573| |Total Funds brought forward||66,974|-|66,974|52,401| |Prio Year Adjustment|||0|-|-| |**Total Funds carried forward**||**73,186**|**-**|**73,186**|**66,974**| 5 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON Balance Sheet as at 18 April 2025** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Project Accountable
4
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
5
**Net current assets**
**Net assets**
**Accumulated Funds**
Unrestricted revenue reserves
7
Restricted revenue reserves
**Shareholders' funds**|**2025**
**£**
2,930
5,995
65,061
71,056
(800)
70,256
**73,186**
73,186
-
**73,186**|**2024**
**£**
3,663
6,945
58,116
65,061
(1,750)
63,311
**66,974**
66,974
-
**66,974**|**2024**
**£**
3,663
6,945
58,116
65,061
(1,750)
63,311
**66,974**
66,974
-
**66,974**| |---|---|---|---| ||||| ||||**66,974**| ||||66,974
-| ||||**66,974**| 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` Responsibilities in the Report of the Trustees. MS SHEILA BENSON Trustee. Approved by the board on 13 November 2025 6 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON Notes to the Accounts for the year ended 18 April 2025** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April And the Charities Act 2011 ## _**Depreciation**_ Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Plant and machinery 20% net book value Motor vehicles 20% net book value ## _**Foreign currencies**_ Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. ## _**Leasing and hire purchase commitments**_ Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Rentals paid under operating leases are charged to income on a straight line basis th l t ## _**Pensions**_ The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |**2**|**Operating profit**|**2025**|**18/04/2023**| |---|---|---|---| |||**£**|**£**| ||This is stated after charging:||| ||Depreciation of owned fixed assets|733|843| 7 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON Notes to the Accounts** **for the year ended 18 April 2025** ## **3 Tangible fixed assets** |**Cost**
At 19 April 2024
Additions
At 18 April 2025
**Depreciation**
At 19 April 2024
Charge for the year
At 18 April 2025
**Net book value**
At 18 April 2025
At 18 April 2024
**4**
**Debtors**
**5**
**Creditors: amounts falling due within one year**
Other creditors
**6**
**Accumulated Fund**
Revenue Reserves c/fwd
**Nominalmber**
**value**
Prio year adjustment
Project accountable|**2025**
**£**
5,995
**2025**
**£**
800
**2025**
**£**
73,186
**Amount**
**£**
-|**Plant and**
**machinery**
**etc**
**£**
18,160
-| |---|---|---| |||18,160| |||14,497
733| |||15,230| |||2,930| |||3,663| |||**18/04/2024**
**£**
6,945| |||**18/04/2024**
**£**
1,750| |||**18/04/2024**
**£**
66,974| |||| **2025 18/04/2024 £** **7 Surplus/Deficit** 8 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON** ## **Notes to the Accounts** ## **for the year ended 18 April 2025** |Accum Fund B/fwd
Surplus/(Deficit) for the year
Adjustment
At 18 April 2025|66,974
52,401
6,212
14,573
-
-| |---|---| ||73,186
#
66,974| ## **6 Endowment Fund** The Charity operated no Endowment Fund during the year. 9 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON Detailed Statement of Financial Activities for the year ended 18 April 2025** |Incoming Resources: Donations, offerings and grants
Cost of activities in furtherance of the Charity`s objectives
**Premises costs**
**Support Costs**
**Governance costs**
Interest receivable
**Net Surplus/(Deficit)**|TOTAL FUND
**2025**
**£**
49,666
(37,732)
-
(1,780)
10,154
(3,993)
6,161
51
**6,212**|TOTAL FUND
**2024**
**£**
62,366
(41,567)
(108)
(2,381)| |---|---|---| |||18,310
(3,737)| |||14,573
-| |||**14,573**| 10 ## **RESURRECT. POWER & LIVING BREAD MINIST. CROYDON Statement of Financial Activities for the year ended 18 April 2025** |**Statement of Financial Activities**
**for the year ended 18 April 2025**||||| |---|---|---|---|---| ||**Unrestricted**|**Restricted**|**TOTAL FUND**|**TOTAL FUND**| ||**2025**|**2025**|**2025**|**2024**| ||||**£**|**£**| |**A. INCOMING RESOURCES**||||| |**Offerings and donations**||||| |Offerings|47,435|-|47,435|58,845| |Other income/donations|2,231|-|2,231|3,521| ||49,666|-|49,666|62,366| |Interest receivable|51|-|51|-| ||**49,717**|**-**|**49,717**|**62,366**| |**B. RESOURCES EXPENDED**||||| ||**Unrestricted**|**Restricted**|**TOTAL FUND**|**TOTAL FUND**| ||**2025**|**2025**|**2025**|**2024**| |**COST OF GENERATING VOLUNTARY**|**INCOME**||**£**|**£**| |**_Activities underken directly_**||||| |Missionary activities|4,000|-|4,000|2,200| |Youth/children exp.|850|-|850|750| |Motor and travel expenses|1,650||1,650|-| |Church rent and rates|13,059||13,059|17,276| |Church/programme activities|961|-|961|3,397| |Church outing/trip|1,500||1,500|-| |Conference and conventions|7,012|-|7,012|-| |Guest preacher|-|-|-|300| |Salaries/allowances|6,000|-|6,000|11,708| |Women`s ministry|-|-|-|386| |Music ministry|2,150||2,150|-| |Donations|550|-|550|5,400| |Welfare|-|-|-|150| ||37,732|-|37,732|41,567| |**_Premises costs:_**||||| |Building - renewals and repairs|-|-|-|108| ||-|-|-|108| |**_Support Costs_**||||| |Printing, postage and stationery|395|-|395|415| |Insurance|-|-|-|1,050| |Equipment expensed|652|-|652|-| |Depreciation|733|-|733|916| ||1,780|-|1,780|2,381| |||||| |**Total costs of generating voluntary in**|**39,512**|**-**|**39,512**|**44,056**| |**Income**||||| |**COST OF GOVERNANCE**||||| |Accountancy fees|800|-|800|800| |Advertising and PR|3,193|-|3,193|2,937| ||**3,993**|**-**|**3,993**|**3,737**| 11