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2024-03-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

OPEN HEART MINISTRY

CHARITY REGISTRATION No: 1135874

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

OPEN HEART MINISTRY

CONTENTS

Page 3 Legal and Administrative Information
Pages 4 to 6 Trustee's Report
Page 7 Independent Examiner's Report
Page 8 Statement of Receipts and Payments.
Page 9 Statement of Assets and Liabilities.
Pages 10 to 11 Notes to the Accounts.

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OPEN HEART MINISTRY

LEGAL AND ADMINISTRATIVE INFORMATION

REGISTERED CHARITY NUMBER

1135874

START OF FINANCIAL YEAR

1st April 2023

END OF FINANCIAL YEAR

31st March 2024

TRUSTEES AS AT 31ST MARCH 2024

G Griffiths S Cox G Heaton

LEGAL STATUS

Trust

GOVERNING INSTRUMENT

TRUST DEED DATED 26 FEBRUARY 2007

OBJECTS OF THE TRUST

1) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME-TO-TIME THINK FIT.

(2) TO FURTHER CHRISTIAN EDUCATION INCLUDING PRIMARILY BUT NOT LIMITED TO, THE USE OF ARTS IN CHRISTIAN WORSHIP AND THE EQUIPPING OF INDIVIDUALS AS MISSIONARIES IN THE CHRISTIAN FAITH IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME-TO-TIME THINK FIT.

(3) TO PROMOTE AND FULFIL SUCH OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY IN SUCH PARTS OF THE UNITED KINGDOM AND THE WORLD AS THE TRUSTEES MAY FROM TIME-TO-TIME THINK FIT.

REGISTERED ADDRESS

22 Nyewood Lane Bognor Regis PO21 2QB

PRIMARY BANKERS

Barclays Bank PLC 1 Churchill Place London E14 5HP

INDEPENDENT EXAMINER

Lomax Pavey Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF

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OPEN HEART MINISTRY

TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2024

AIMS AND PURPOSE

Open Heart Ministry aims to advance the kingdom of God through inclusive mission, teaching, pastoral, evangelistic and social care. The ministry is based in Bognor Regis where a church was established in January 2018 at North Bersted. Outreach to different cultures is a particular emphasis.

To enable church participants to grow spiritually as well as in their practical daily worship.

To enable the people of Bognor Regis and further afield to see Open heart Church as a place of shelter and refuge.

OBJECTIVES AND ACTIVITIES

The trustee Management group is committed to enabling as many people as possible to find new life in Jesus. Services and worship are combined with prayer, scripture, music and sacrament. When planning activities the Trustee Management group have considered the charity commission’s guidance on public benefit and seeks to reach out to those who are lonely. The specific guidance on charities for the advancement of religion involves the church community in living out their lives through;

ACHIEVEMENTS AND PERFORMANCE

Open heart church offers weekly services, weekly house groups and weekly prayer meeting.

The church has a congregation of between 20-30 people each week. Everyone is encouraged to play their part involving commitment and a sense of belonging. A number of the congregation are able to preach, lead worship and prayers as well as engage in pastoral work. Everyone is welcome and people often come with specific prayer requests.

The church has continued to support overseas missionaries through visits and hospitality as well as financial support.

A small monthly foodbank is in operation and food distributed to individuals in need or other charitable organisations within the

Soup is prepared and offered during the winter months for those in need.

The church now offers a weekly term time Mother and Toddler group. This is provided free of charge and attracts 20 plus children each week plus carers.

We have continued to partner in establishing a Church in Portugal and offer ongoing financial support as the work there grows.

We have also continued to support a missionary family in Iraq working with refugees and provided a two week UK furlough for the whole family during July 2024

Open Heart is involved in an international project to provide a mission centre based in Portugal where a property has been purchased to serve as a base for reaching Europe with the gospel.

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OPEN HEART MINISTRY

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31ST MARCH 2024

TRUSTEE MANAGEMENT MEETINGS

The Trustees meet regularly to consider all aspects of Open Heart Church and mission. The emphasis is on both practical and spiritual issues. The giving pattern and Financial management is always an item for consideration.

ECUMENICAL RELATIONSHIPS

We are open to making connections with other churches within Bognor Regis and have attended churches together meetings when invited.

In order to promote mission we collaborate with a number of international churches from Europe, Brazil and the USA.

PASTORAL CARE

Most of the pastoral care is undertaken by Pastor/director Marcelo Guimaraes who is now a part time employee of Open heart. However everyone is encouraged to respond to Prayer requests and practical needs from both within and outside the fellowship.

We currently run two Home groups where pastoral needs are shared

During the winter months a weekly soup distribution is offered for those in need.

BUILDINGS

Open heart Ministry does not own any buildings. The Jubilee Hall in North Bersted is rented for weekly services and the weekly mother and toddler group. Payment is only required when the building is actually used.

FINANCIAL REVIEW

Despite the church’s relatively small giving base as well as current inflationary pressures our income showed an increase during the past financial year. Total giving was £50099 and total expenditure £56883. This was in large part due to significant missionary giving reflecting our ongoing commitment to mission in Europe. Supporting mission is a vital part of our vision. The Trustees believe that we are in a healthy position going forward.

VOLUNTEERS

We would like to thank those who have given their time freely including those who set up the hall each week, provide tea and coffee, music and worship and those who teach the children. Also thanks to the treasurer as all accounting and secretarial roles are voluntary for which we are very grateful.

We have also been greatly blessed and encouraged by the visiting missionaries who have spent time with our fellowship this year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The trustee management group meets four times a year with additional meetings as required.

Trustees: Gary Griffiths, Graham Heaton, Sally Cox

CHAIR: GARY GRIFFITHS TREASURER: CAROL GRIFFITHS PASTOR: MARCELO GUIMARAES NON-TRUSTEE MEMBER: DAVE CHAFFE

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OPEN HEART MINISTRY

TRUSTEES' REPORT (continued) FOR THE YEAR ENDED 31ST MARCH 2024

RISK ASSESSMENT

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

RESERVES POLICY

The trustees have considered the level of reserves they wish to retain, appropriate to the charity’s needs. This is based on the charity’s size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to full fill its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.

PUBLIC BENEFIT

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the trustee’s report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

TRUSTEES' RESPONSIBILITIES

Charity Law requires the Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity. In preparing those financial statements the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with Charity Law. 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.

3rd December 2024

Approved by the Trustees on the ……………………………………………………………………………………………………………

Gary Griffiths

Signed on their behalf by ……………………………………………………………………………………………………………………

Signature:

6

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS

Report to the trustees/members of Open Heart Ministry on the accounts for the year ended 31st March 2024 set out on pages 8 to 11.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's trustees consider that an audit is not required for this year (under section 144 (2) of the Charities Act 2011 (the Act)) and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S STATEMENT

My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation 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 the 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

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to my attention:

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Lomax Pavey Independent Examiners Ltd Unit 2

The Broadbridge Business Centre Delling Lane Bosham PO18 8NF

11th December 2024

7

OPEN HEART MINISTRY

STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST MARCH 2024

Notes
RECEIPTS :
Donations and Gifts
2a
TOTAL RECEIPTS
PAYMENTS :
Cost of Charitable Activities
3a
TOTAL PAYMENTS
NET INCOMING/(OUTGOING) RESOURCES
BALANCES CARRIED FORWARD
Balance brought forward
Unrestricted
Restricted
Total
Total
Funds
Funds
2023/24
2022/23
£
£
£
50,099
-
50,099
37,898
50,099
-
50,099
37,898
56,883
-
56,883
40,023
56,883
-
56,883
40,023
(6,783)
-
(6,783)
(2,125)
10,750
-
10,750
12,875
3,967
-
3,967
10,750

All of the organisation's operations are classed as continuing.

The notes on pages 10 to 11 form part of these accounts.

8

OPEN HEART MINISTRY

STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31ST MARCH 2024

ASSETS
Cash at bank in hand
Mission Account
Church Account
Represented by:
General Fund
Restricted Fund
LIABILITIES
Independent Examiners Fee
Unrestricted
Restricted
31-Mar-24
31-Mar-23
Funds
Funds
Total
Total
£
£
£
£
1,598
-
1,598
1,402
2,369
-
2,369
9,348
3,967
-
3,967
10,750
3,967
3,967
10,750
-
-
-
-
3,967
-
3,967
10,750
420
-
420
360
420
-
420
360

TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS

Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities which are set out on pages 8 to 9.

3rd December 2024

Approved by the Trustees on the ……………………………………………………………………………………………………………

Gary Griffiths

Signed on their behalf by ……………………………………………………………………………………………………………………

Signature:

9

OPEN HEART MINISTRY

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024

1. BASIS OF ACCOUNTING

The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements.

2. RECEIPTS
a) Donations & Gifts
Gifts & Contributions
Cash Gifts & Contributions
Mission Gifts & Contributions
Gift Aid
3. PAYMENTS
b) Cost of Charitable Activities
Travel Costs
Travel Misc.
Fuel/Car Hire
Food/Accommodation
Insurance
Hall Hire
Admin/Pastoral Costs
Pastors Salary
Equipment/Music Equipment
Gifts
Portugal Gift
Other
Independent Examiners Fee
Flat Rent
Unrestricted
Restricted
Total
Total
Funds
Funds
2023/24
2022/23
£
£
£
£
12,355
-
12,355
16,273
6,526
-
6,526
6,123
25,801
-
25,801
11,152
5,418
-
5,418
4,351
50,099
-
50,099
37,898
Unrestricted
Restricted
Total
Total
Funds
Funds
2023/24
2022/23
£
£
£
£
453
-
453
704
669
-
669
34
1,541
-
1,541
1,207
619
-
619
506
214
-
214
191
4,395
-
4,395
3,357
279
-
279
198
18,559
-
18,559
20,577
383
-
383
796
270
-
270
-
25,309
-
25,309
11,942
332
-
332
198
360
-
360
312
3,500
-
3,500
-
56,883
-
56,883
40,023

10

OPEN HEART MINISTRY

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST MARCH 2024

4. RESTRICTED FUNDS

No restricted funds were held by the charity during this financial year.

5. PAYMENTS TO TRUSTEES AND RELATED PARTIES

No payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.

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