2024-08-31-accounts - Mountain Movers Chapel International

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Report and Financial Statements For the Year Ended 31 August 2024

MOUNTAIN MOVERS CHAPEL INTERNATIONAL

8/31/2024

Registered Charity No: 1133168

Companies House Number : 06983917

August 31, 2024

MOUNTAIN MOVERS CHAPEL INTERNATIONAL

CONTENTS	Page
Legal and administrative information	3
Report of the Trustees	4
Report from Reporting Accountant	12
Statement of financial activities	14
Balance sheet	15
Notes to the financial statements	17

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MOUNTAIN MOVERS CHAPEL INTERNATIONAL

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees:	Rev. Kwabena Boateng
	Josephine Owusua-Konadu
	Elisha Opoku
	Osariemen Okunbo
	Bridget Ibrahim
	Brent Archer
Registered Address	30 Harley Drive Walton
	Milton Keynes,
	MK7 7EZ
Charity Number:	1133168
Companies House Number:	06983917
Accountants:	Jacob Manu & Co
	64 Broadway
	Stratford
	London
	E15 4GY
Bankers:	Barclays Bank Plc

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MOUNTAIN MOVERS CHAPEL INTERNATIONAL

REPORT OF THE TRUSTEES

The Trustees present the Annual Report and financial statements of Mountain Movers Chapel International for the year ended 31 August 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (revised 2005) in preparing the charity's Annual Report and Financial Statements. The Report and Financial Statements also comply with the Companies Act 2006.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Legal status and Governing document

The objects and powers of the Charity were established in the Constitution of the church and the church is governed by it. The trustees are responsible for arranging and organizing Annual General Meetings - AGM.

Appointment

The Trustees who held office during the financial year and at the date of this report are set out on page 3. The Trustees are elected by the church in accordance with the rules set out in the Constitution. The method of appointing the Church Council is also outlined in the Church Constitution. The trustees are voluntary, and they form the membership of the trustee board.

Induction and Training

Trustees, as part of their induction and training, go through a series of training where they are briefed on their legal obligations and the Charity Commission’s guidance on public benefit. The objects and aims of the church are explained. Trustees and volunteers are also encouraged to attend relevant external training events, which will facilitate their effective performance in their roles. The Board of Trustees oversees the church's affairs. The Board and the Church Council work cooperatively with the Reverend Minister, who has day to day operational responsibility, and are responsible for making decisions on all matters of general concern and importance to the church.

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Organisation

The Board of Trustees and Council members are responsible for the overall strategy and direction of the Church. The Board of Trustees and Council members have the responsibility of cooperating with the Reverend Minister to promote the whole mission of the Church – pastoral, evangelistic, social, and ecumenical. The Trustees give their time on a voluntary and unpaid basis. The Church Council has broad responsibilities. It has a number of committees, each dealing with a particular aspect of church life. These committees, which include music/worship, outreach, welfare, and finance, are accountable to and report back to the Board of Trustees and Church Council on a regular basis.

Risk Management

The trustees have assessed the significant risks to which the charity is exposed, those related to the operations and finances of the charity, and are satisfied that those systems are in place to mitigate exposure to the significant risks. The trustees have a risk management strategy which comprises:

regular financial review to ensure the continuity of charitable activities.
ensuring all equipment are in good condition and safe for use;
Competence based training for volunteers and trustees;
liability insurance;
Monitoring of new legislative requirements;
Policies and procedures for children and vulnerable adults’ protection;
Health and safety risks

Interest of Board of Trustees

No member of the Trustees had, at any time during the period under consideration, any interests in the charity which require disclosure in this report.

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MOUNTAIN MOVERS CHAPEL INTERNATIONAL

AIMS AND PURPOSE/OBJECTIVES

The Mountain Movers Chapel International was established, among other purposes, to advance the Christian faith by sharing and demonstrating the Love of God to every person in every way possible and to reach the uttermost parts of the earth with the Full Gospel of Jesus Christ. The principal activities of the church include:

To proclaim the Gospel of the Kingdom of God through activities such as regular Sunday meetings and weekly activities, conferences, ministerial training and seminars.
To share and demonstrate God’s love by ministering to the needs of people (both members and others).
Worship services which are opened to the general public – during these services we encourage personal growth by developing and empowering people through preaching and teaching of the Gospel of Jesus Christ; by motivating people through seminars and conferences.
To develop strong society by encouraging and building strong family relationship through seminars/conferences and family friendly activities.
To evangelize in order to tell people about the love of Christ by the use of the media (radio evangelism), tracts and other educative materials.
To build lives by encouraging people to have hope in life and using the ministry of healing and deliverance through the full Gospel of Jesus Christ by provision.
To undertake general charitable activities – such as providing aid for the needy.

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MOUNTAIN MOVERS CHAPEL INTERNATIONAL

OBJECTIVES, AIMS AND PRINCIPAL ACTIVITIES

The Mountain Movers Chapel International is committed to enabling as many people as possible to worship at our church and to become part of our community. The trustees maintain an overview of worship throughout the parish and constantly seek ideas on how our services can involve the diverse population and groups that live within our parish and the community. Our services and worship put faith into practice through prayer and scripture, music and sacrament, as well as healing and deliverance.

When planning our activities for the year, the Pastor and the Board of Trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our church community through:

Worship and Prayer, learning about the Gospel, and developing their knowledge and trust in Jesus.
Provision of pastoral care for people living in the parish.
Missionary and outreach work.
Education and training

A summary of the result of the Mountain Movers Chapel International activities during the period is given in the Statement of Financial Activities on page 16. The charity's total income amounted to £646,551. The income was spent judiciously to achieve the Church's objectives.

Volunteers

Without the selflessness, hard work, and dedication of our volunteers, we would not have achieved our aims and objectives. The volunteers at MMCI make a significant contribution to the church's operation, enabling it to fulfil its goals. We would therefore like to thank all the volunteers who work tirelessly to make our church a vibrant and lively part of the community. The valuable contributions of time, energy, and expertise from the Church members have helped the church community achieve so much.

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MOUNTAIN MOVERS CHAPEL INTERNATIONAL

Financial Review

The book values of the assets held at the year-end are, in the opinion of the Board of Trustees, as stated in the financial statements. Also, in its opinion, adequate assets are available to fulfill the obligations of the charity. Our principal source of funds comes from the generous donations of committed members through Tithes and Offerings. Overall, we had a good financial year. Total receipts on unrestricted funds were £646,551 of which £600,230 was spent to promote the Christian ministry and charitable activities.

Reserves Policy

The Trustees have identified the need for reserves to be held as developing a reserves policy will assist in strategic planning such as in considering how new projects or future activities will be funded. To ensure sustainability and continuity of funding future activities, the trustees plan to have unrestricted funds to cover at least 3 months of unrestricted payments. This policy will be reviewed regularly to meet the charitable needs of the Church.

Investment Policy

The Trustees have the power to invest in such assets as they see fit. The charity's investment policy is appropriate to the nature of the funds for which the investment is held. The primary investment aim is to provide a high degree of security and liquidity and to maximise returns whilst adopting a conservative approach.

Grant Making Policy

As part of our charitable objectives of providing aid to the needy, donations are made in the form of cash gifts to needy people and to members who find themselves in some form of financial difficulty.

ACHIEVEMENT AND PERFORMANCE

The charity has been offering free health advice, support and information to the local community .
The charity continues to make available it resources to medical professionals to promote HIV/AIDS Awareness and to undertake health checks in the community

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including screening participants and giving professional medical advice to the participants.

MMCI continues to work with two schools in the community to monitor and counsel children on exclusions.
MMCI provides free counselling services to the entire community of Southwark regarding Marriage, Domestic violence, Work experience, Sex education, Prayers, and Hospital visitation.
MMCI organizes Christmas parties for the members and the community.
MMCI is currently building a mission house for a branch in Ghana.
MMCI continue to support a school in Accra in Ghana in the form of food and drinks through the MMCI Development Rescue Program
MMCI is completing a school in Goaso in Brong Ahafo in Ghana. The New branches in London, Pollard Hill and Milton Keynes are doing well in reaching the community with the love of God.

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STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Charity Commission requires directors and Trustees to prepare financial statements for each financial year, which provide an accurate and fair view of the charity's state of affairs at the year-end, including its incoming resources and resources expended during that year. In preparing those financial statements, the Trustees are required to:

➢ Prepare the trustees annual reports and submit yearly returns forms and accounts
➢ Comply with the rules of the charity as set out in the governing document
➢ Ensure the charity is run carefully, by making sure it:
➢ Uses its charitable funds and assets wisely to further it charitable aims
➢ Does not do anything to put its property, funds, assets or reputation at risk
➢ Takes appropriate care and advice when investing or borrowing money.

INDEPENDENT EXAMINER

Jacob Manu & Co has expressed their willingness to continue in service, and a resolution on this would be put to the Board of Trustees at the forthcoming Annual General Meeting.

STATEMENT OF DISCLOSURES

a) So far as the Trustees are aware, there is no relevant information of which the Church’s Independent Examiners are unaware, and

b) They have taken all the steps that they ought to have taken as Trustees to make themselves aware of any relevant information and to establish that the Church's Independent Examiners are aware of that information.

By order of the Board of Trustees

...............................................

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Trustee- Chairman

Date: 29/05/2025

INDEPENDENT EXAMINERS’ REPORT FOR THE YEAR ENDED 31 AUGUST 2024

We have examined the financial statements on pages 12 to 18 for the year ending 31 August 2024, which comprise the statement of economic activities. The financial statements were prepared in accordance with the historical cost convention and relevant accounting policies.

The report is made solely to the Charity's Trustees as a body by Section 44 of the Charities Act 1993. The charity's trustees generally believe that an audit is not required, in accordance with Section 43(2) of the 1993 Act, and have opted for an independent examination instead.

Respective responsibilities of trustees and independent examiners

The Trustees are responsible for preparing the Trustees' Report and the Financial Statements following applicable law and United Kingdom Accounting Standards. These are set out in the Statement of Trustees' Responsibilities in the Trustees Report.

Our responsibilities as independent examiners of the charity are:

to examine the books and accounts of the charity in compliance with Section 43 of the 1993 Act;
to strictly adhere to the general directions provided by the Charity Commission under Section 43(7)(b) of the Charities Act 1993; and
to state whether particular matters have come to our attention in the course of our examination.

We report to you whether the financial statements have properly been prepared in accordance with United Kingdom Generally Accepted Accounting Practice, the Companies Act 2006 and in accordance with the Charities Act 1993.

We also report to you whether the information given in the Trustees' Report is consistent with the financial statements. We consider the implications of our report if we become aware of any apparent misstatements or material inconsistencies with the financial statements.

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In addition, we report to you if the charity has not kept proper accounting records, if we have not received all the information and explanations we require for our work, or if information specified by law regarding trustees' remuneration and other transactions with the charity is not disclosed.

Basis of opinion

Our examination was carried out according to the general direction provided by the Charity Commission. It included reviewing the books, documents, and other accounting records kept by the charity and comparing these with the accounts presented.

Our examination also includes consideration of any unusual disclosures or items in the accounts and seeking explanations from the Trustees. It is imperative to state that the procedures undertaken do not provide all the evidence required in an audit. Consequently, no opinion is given on whether the accounts present a 'true and fair view'. Our report is, therefore, limited to the statements below:

Independent examiners' statement

In connection with our examination, we report that no matter has come to our attention, which gives cause to believe that the following have not been met:

Keeping proper accounting records in accordance with Section 386 and 387 of the Companies Act 2006.
Preparing accounts which accord with the underlying accounting records and which are in compliance with the Companies Act 2006, the United Kingdom Generally Accepted Accounting Practice (UK GAAP), the Statements of Recommended Practice (SORP) - Accounting and Reporting by Charities and the Charities Act 1993.
Consistency of the information contained in the Trustees Report with the financial statements.

..................................................... Date: 29....... Day of....May.........2025 Jacob Manu & Co

Chartered Certified Accountants 64 Broadway, Stratford, London, E15 1NT

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MOUNTAIN MOVERS CHAPEL INTERNATIONAL

STATEMENT OF FINANCIAL ACTIVITY FOR THE PERIOD ENDED 31 August 2024

*Descriptions by natural* *category* Note *Unrestricted* *funds* *Restricted* *income* *funds* *Total this* *year* *2024* £ £ £ *Incoming resources* 3 Voluntary Income 511,936 - 511,936 - - - Other Income 134,615 - 134,615 - - - Special Donations - 0 - - - *Total incoming resources* *646,551* - *646,551*	*Descriptions by natural* *category* Note *Unrestricted* *funds* *Restricted* *income* *funds* *Total this* *year* *2024* £ £ £ *Incoming resources* 3 Voluntary Income 511,936 - 511,936 - - - Other Income 134,615 - 134,615 - - - Special Donations - 0 - - - *Total incoming resources* *646,551* - *646,551*	*Descriptions by natural* *category* Note *Unrestricted* *funds* *Restricted* *income* *funds* *Total this* *year* *2024* £ £ £ *Incoming resources* 3 Voluntary Income 511,936 - 511,936 - - - Other Income 134,615 - 134,615 - - - Special Donations - 0 - - - *Total incoming resources* *646,551* - *646,551*	*Total last* *year* *2023* £
511,936	-	511,936	408,900
-	-	-	-
134,615	-	134,615	90,000
-	-	-	-
	-	0	0
-	-	-	-
*646,551*	-	*646,551*	*498,900*


593,730	-	593,730	460,957
-	-	-	-
6,500	-	6,500	6,000
-	-	-	-
600,230	-	600,230	466,957
46,321	-	46,321	31,943
-	-	-	-
*46,321*	-	*46,231*	*31,943*

Other recognised gains/(losses)

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Net movement in funds Total funds brought forward 1/09/20 Total funds carried forward 31/08/21

46,321	-	46,321	31,943
359,080		359,080	327,137
*405,401*		*405,401*	*359,080*

Balance Sheet as at 31/08/2024

Fixed assets

Tangible assets

Investments

Total fixed assets

Current assets

Stock and work in progress Debtors (Short term) investments Cash at bank and in hand

Total current assets

Creditors: amounts falling due within one year

Net current assets/(liabilities)

Total assets less current liabilities

Creditors: amounts falling due after one year Provisions for liabilities and charges

Net assets

Note *Total this year* *2024* £ 6 282,350 - - 282,350 - 64,795 - 91,600 156,395 33,344 123,051 405,401 - - 405,401	Note *Total this year* *2024* £ 6 282,350 - - 282,350 - 64,795 - 91,600 156,395 33,344 123,051 405,401 - - 405,401	*Total last year* *2023* £
	282,350	286,850
	-	-
	-	-
	282,350	286,850

	-	-
	64,795	25,630
	-	-
	91,600	98,100
	156,395	120,730

	33,344	48,500

	123,051	72,230

	405,401	359,080

	-	-
	-	-

	405,401	359,080

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*Funds of the Charity* 7 *Unrestricted funds* *Designated funds* *Total unrestricted funds* *Total funds*
	405,401	359.080
	-	-
	405,401	359,080
	*405,401*	*359,080*

NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 AUGUST 2024

Registered Charity Number 1133168

1 ACCOUNTING POLICIES

The principal accounting policies which have been adopted are set out below: -

2 BASIS OF ACCOUNTING

The financial statements have been prepared under the historical cost convention and following applicable accounting standards and the Statement of Recommended Practice, “Accounting and Reporting by Charities” (SORP 2005) issued in January 2005.

3 INCOMING RESOURCES

Voluntary income includes free offerings from members and gift aids. It is accounted for in cash.

4 RESOURCES EXPENDED

Expenditure is recognised when the liability is incurred.

Cost of generating funds are those incurred in attracting voluntary income
Charitable activities include expenditures associated with the delivery of services and include both direct costs and support costs relating to each particular service
Governance costs include the costs of the charity, including strategic planning for its future development, independent examination, any legal advice and all costs of complying with the constitutional and statutory requirements, such as costs of Trustees and the preparation of statutory accounts.
Support costs include overhead and other costs not directly attributable to a particular function. They are apportioned over the relevant activity on the basis

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of management estimates consistent with resource use, e.g., staff costs by time spent, property costs by floor space, and other costs by their usage.

NOTES TO THE ACCOUNTSFOR THE YEAR ENDED 31 August 2024

Registered Charity Number 1133168

5 TAXATION

The organisation is a charitable institution exempting from UK taxation under section 505 of the Income and Corporation Taxes Act 1988.

6 TANGIBLE NON-CURRENT ASSETS

The organisation’s non-current assets include musical instruments, furniture and fittings and they are depreciated on a straight-line basis

7 FUND ACCOUNTING

Unrestricted funds are grants, donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.

Restricted funds can only be used for specific purposes as laid down by the donor. Expenditure that meets this criterion is charged to the fund, together with a fair allocation of management and support costs.

Designated funds are funds set aside by trustees out of unrestricted general funds for specific future purposes or related to grants given specifically for the purchase of assets where the use is not restricted. The aim and use of each designated fund are set out in the notes to the financial statements.

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8. CHARITABLE ACTIVITIES

Rent/Rates/Hall Hire Donations Repairs/Renewals Renovation Radio Program/Media Refreshments Travel&Transport Accountancy and professional fees Staff cost Insurance Instrumentalist/Media Stationery/postage Bank charges Administration cost Telephone Utilities Depreciation Equipment hire Missionary expenses Mission IT expenses Management fee- Good to give Children ministry Sundry expenses TOTAL	Unrestricted 2024 2023 Total Total 170,300 170,300 148,940 31,444 31,444 10,963 15,790 15,790 41,355 50,000 50,000 0 45,200 45,200 35,600 33,699 33,699 22,680 28,261 28,261 27,150 6,500 6,500 6,000 26,600 26,600 16,800 2,204 2,204 7,000 19,695 19,695 17,820 1,342 1,342 3,800 474 474 2,025 30,226 30,226 30,140 13,981 13,981 820 6,745 6,745 6,005 4,500 4,500 4,500 24,775 24,775 9,575 31,829 31,829 29,784 25,500 25,500 9,800 1,800 1,800 2,300 24,742 24,742 30,000 2,060 2,060 1,880 2,563 2,563 2,020
	600,230 600,230 466,957

Rent/Rates/Hall Hire
Donations
Repairs/Renewals
Renovation
Radio Program/Media
Refreshments
Travel&Transport
Accountancy and professional fees
Staff cost
Insurance
Instrumentalist/Media
Stationery/postage
Bank charges
Administration cost
Telephone
Utilities
Depreciation
Equipment hire
Missionary expenses
Mission
IT expenses
Management fee- Good to give
Children ministry
Sundry expenses
TOTAL

Unrestricted
2024
2023
Total
Total
170,300
170,300 148,940
31,444
31,444
10,963
15,790
15,790
41,355
50,000
50,000
0
45,200
45,200
35,600
33,699
33,699
22,680
28,261
28,261
27,150
6,500
6,500
6,000
26,600
26,600
16,800
2,204
2,204
7,000
19,695
19,695
17,820
1,342
1,342
3,800
474
474
2,025
30,226
30,226
30,140
13,981
13,981
820
6,745
6,745
6,005
4,500
4,500
4,500
24,775
24,775
9,575
31,829
31,829
29,784
25,500
25,500
9,800
1,800
1,800
2,300
24,742
24,742
30,000
2,060
2,060
1,880
2,563
2,563
2,020

600,230
600,230 466,957