2024-12-31-accounts - Alpha International Ministries

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ALPHA INTERNATIONAL MINISTRIES

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] DECEMBER 2024

CHARITY NUMBER: 1126140

ALPHA INTERNATIONAL MINISTRIES

LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] DECEMBER 2024

ADDRESS FOR CORRESPONDENCE

OASIS CENTRE ESSEX ROAD CHADWELL HEATH RM6 4JA

REGISTERED CHARITY NUMBER

1126140

GOVERNING DOCUMENT

DECLARATION OF TRUST 10[TH] JUNE 2008.

TRUSTEES/ DIRECTORS

Pastor Sam John, Sajit Abraham, Johnson Samuel Joseph Sebi Scaria, Thomas Kavil Thomas Tiny Joy, Sajan Varughese, Minimol Kurien

PRINCIPAL BANKERS

HSBC BANK 23 RIPPLE ROAD BARKING, ESSEX IG11 7NW

INDEPENDENT EXAMINERS

FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH

ALPHA INTERNATIONAL MINISTRIES OASIS CENTRE ESSEX ROAD CHADWELL HEATH RM6 4JA 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 - 11

ALPHA INTERNATIONAL MINISTRIES

TRUSTEES’ REPORT YEAR ENDED 31[ST] DECEMBER 2024

The trustees are pleased to present their report for the year ended 31[ST] December 2024 for the charity, Alpha International Ministries with Charity Number 1126140.

The Trustees of the charity are: Pastor Sam John, Sajit Abraham, Johnson Samuel Joseph, Sebi Scaria, KT Thomas, Tiny Joy, Sajan Varughese, Minimol Kurien.

The principal address of the charity is : Oasis Centre Essex Road Chadwell Heath, RM6 4JA

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a declaration of trust that was executed 10[TH] June 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 first to advance the Christian faith in accordance with the statement of beliefs for the benefit of the public in the United Kingdom and in such other parts of the world as the trustees may think 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 meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The church continued to support charitable mission work in India this year among Punjab Kirpa Bhavan, Indian Pentecostal church of God, and other missionary organisations. The organisation also ran and sponsored its own church events and vacation bible school during the year which was a good success as many were encouraged and built up through them. The church has also continues to manage its activities in its premises which is owned by its associate company.

FINANCIAL REVIEW

The income of the charity is above £400,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the mortgage of its building that it uses for worship services and doing renovation work on the property and covering the costs of church events.

FUTURE DEVELOPMENTS

The church intends to continue to host its regular yearly conferences and vacation bible school in UK. They plan to continue to support the missionary work in India as well. The intended re-appointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective.

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 2011the 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 3[rd] September 2025 and signed on their behalf by:

Independent Examiner’s Report To the Trustees ALPHA INERNATIONAL MINISTRIES

I report on the accounts of the church for the year ended 31[st] December 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 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

Examine the accounts under section 145 of the 2011 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 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 130 of the 2011 Act
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 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 CR4 3FH

ALPHA INTERNATIONAL MINISTRIES

Statement of Financial Activities for the year ended 31st December 2024

Unrestricted Total Funds Funds 2024 2023 Incoming ResourcesNote £ £ from generated funds Donations and Legacies 2 382054 382054 319733 Investment income 3 0 0 0 _ ______ ___ 382054 382054 319733 Other Income_ Other 3A 66160 66160 0 ______ _ Total Incoming 448214 448214 319733 Resources _____ _ Resources Expended Charitable activities in furtherance of objectives Cost of Activities 5 353,225 353,225 341190 Other 6 9,423 9,423 3850 _____ Total Resources 362,648 362,648 345040 Expended _________ Net movement in funds 85,566 85,566 -25307 Other recognised gains Gains on investments 182866 Reconciliation of Funds Total Funds brought forward 1007993 1007993 850434 Total Funds carried forward 1,093,559 1,093,559 1007993	Unrestricted Total Funds Funds 2024 2023 £ £ 382054 382054 319733 0 0 0	Unrestricted Total Funds Funds 2024 2023 £ £ 382054 382054 319733 0 0 0
	___ ______ 382054 382054 66160 66160	___ 319733 0
	_________ 448214 448214	___ 319733
		_ 341190 3850 _ 345040
	_________ 85,566 85,566 1007993 1007993	___ -25307 182866 850434
	1,093,559 1,093,559	1007993

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.

ALPHA INTERNATIONAL MINISTRIES Balance Sheet as at 31st December 2024

Note 2024 Fixed Assets £ Tangible fixed assets 4 1401796 _ 1401796 _ Current Assets Cash at bank and 173117 in hand Debtors & prepayment 8 13669 186786 Creditors:amounts falling due within one year Creditors & accruals 9 1731 _ Net Current Assets 185055 Creditors: amounts falling due after one year 10 493292 Net Assets 1093559 Unrestricted Funds General Fund 1093559 _ TOTAL FUNDS 1093559 ___	2023 1402055
	___ 1402055
	___ 132958 303
	133261 14540
	___ 118721 512744
	1007993
	1007993 _ 1007993 _

Approved by the trustees on 4th September 2025 and signed on their behalf by :

The notes on these accounts form part of these accounts

ALPHA INTERNATIONAL MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

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:

The charity becomes entitled to resources;
It is more likely than not that the trustees will receive the resources;
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.

ALPHA INTERNATIONAL MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

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.

ALPHA INTERNATIONAL MINISTRIES

Notes to the accounts for year ended 31st December 2024

2 Voluntary Income

Church collections Tithes Fundraising Offerings Special Events Other donations Gifts Sponsorship Building Inter Organisation Total 3 Investment Income Bank Interest 3A Gift Aid Income 4 Tangible Fixed Assets Cost At 01/01/24 Additions Disposal At 31/12/24 Depreciation At 01/01/24 Disposal Charge for the year NBV at 31/12/2024 NBV at 01/01/2024	Unrestricted Total Funds Funds 2024 2023 £ £ £ 266285 266285 188379 8123 8123 11243 52876 52876 43656 875 875 30646 40370 40370 112 8251 8251 38391 4842 4842 5856 200 200 232 232 382054 382054 318283 Unrestricted Total Funds Funds/£ 2024/£ 2023/£ 0 0 0 66160 66160 0 Baptisms Land & Church Church pool Buildings Fixt&fitts Equipment Software Total 2024 £ £ £ £ £ 4419 1350000 75969 7643 606 1438637 18840 899 -37
	4419 1350000 94809 8542 569 1458339 1768 0 29983 4831 0 36582 883 16831 1677 569 19960
	2651 0 46814 6508 569 56542 1768 1350000 47995 2034 0 1401797
	2651 1350000 45986 2812 606 1402055

ALPHA INTERNATIONAL MINISTRIES Notes to the accounts for year ended 31st December 2024

5	Cost of Activities in furtherance of Charity's	Cost of Activities in furtherance of Charity's	Cost of Activities in furtherance of Charity's	Objectives
		2024/£	2023/£
	Mortgage Interest	40841	58454
	Speakers expenses	28220	16425
	Admin expenses	1741	2873
	Sundry	0	0
	Travelling	2722	1725
	Printing & Stationery	1165	3479
	Consummables	9988	9019
	Light & Heat	5635	8476
	Outreach costs	3311	4568
	Salary	63692	40494
	Telephone	1324	837
	Advertising	150	0
	Mission	56951	60211
	Gifts to charities	8816	6646
	Professional fees	15865	4261
	Refreshments	18999	17869
	PAYE & NI	9654	5948
	Equipment leasing	257	0
	Depreciation	19960	15332
	Charity work expense	8709	0
	Rates	2090	1976
	Church expenses	3104	1945
	Subscriptions	952	1318
	Bank charges	333	137
	Conference costs	0	35686
	Other rent paid	17786	11023
	Events	6292	8032
	Building renovation	21028	21505
	Repairs & Maintenance	1706	1250
	Insurance	1934	1701
	Total	353225	341190
6	Other		2024	2023
			£	£
	Accounting services		0	0
	Benevolence giving		9423	3850
			______
	Total		9423	3850
7	Staff Costs		2024/£	2023/£
	Salaries		63692	40494
	Tax/National insurance		9654	5948
	Total		73346	46442

No employee earned more than £50,000 p.a. There was 1 employee during the year.

ALPHA INTERNATIONAL MINISTRIES

Notes to the accounts for year ended 31st December 2024

8 Debtors and Prepayments Tax recoverable Prepayments Loans & Advances Pledges Total 9 Creditors : amounts falling due within 1 year Creditors 10 Creditors : amounts falling due after 1 year Mortgage Principal	2024/£ 2023/£ 0 0 0 0 13669 303 0 0
	13669 303
	2024/£ 2023/£ 1731 14540 2024/£ 2023/£ 493292 512783

Trustee Remuneration and Connected Parties

Trustee Sam John received payment of £24000 for services rendered as pastor of the church

11 Analysis of Fixed Asset Investments Carrying market value at startof year Net gain on revaluation Carrying market value at end of year	2024/£ 2023/£ 1350000 1100000 250000
	1350000 1350000