Registered number: 06943370 Charity number: 1136643
## **GREAT COMMISSION MINISTRIES**
## **UNAUDITED ACCOUNTS**
**FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Prepared By:**
Swan Accounting Services Accounting & Business Consultancy FFOF25A CEME Innovation Centre Rainham RM13 8EU
## **GREAT COMMISSION MINISTRIES**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **TRUSTEES**
B KUSASIRA Angela NABANKEMA Vicent NKWANGA
## **REGISTERED OFFICE**
102 Longbridge Road Barking Essex IG11 8SF
## **COMPANY NUMBER**
06943370 **CHARITY NUMBER** 1136643
## **ACCOUNTANTS**
Swan Accounting Services Accounting & Business Consultancy FFOF25A CEME Innovation Centre Rainham RM13 8EU
page 1
## **GREAT COMMISSION MINISTRIES**
## **ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
## **CONTENTS**
||Page|
|---|---|
|Report of the Trustees|3|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Accounts|8 to 12|
|Detailed Statement of Financial Activities|11|
page 2
**GREAT COMMISSION MINISTRIES**
## **FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES' REPORT**
The trustees present their report and accounts for the year ended 31 December 2023
## **PRINCIPAL ACTIVITIES**
The principal activity of the charity in the year under review was Activities of religious organisations .
## **OBJECTS AND ACTIVITIES OF THE CHARITY**
The Trustees are determined to fulfil the objectives of the Charity.
> To expand and develop the ministry of Great Commission through Sunday worship services, ministries, youth and young adult ministries, prayer and ministry training, bible studies and small group meetings.
> To train and send out ministers and evangelists to establish churches all over the world.
- To minister to the congregation and the local community through family life, relationship and other ministry programmes
> To establish social programmes to provide food, clothes and shelter for the needy and care for the sick.
The main activities undertaken in relation to those purposes during the year.
Our Ministry work
GCM provided the following services to the community at large:
- Legal and career counselling
- Educational counselling and career guidance
- Pre-marital and Post-marital counselling
- Bereavement counselling and comforting
- Hospital and Prison visits
- Welfare provision (Food bank)
- Prayer support
## **THE MAIN ACTIVITIES UNDERTAKEN DURING THE YEAR TO FURTHER THE CHARITYS PURPOSE FOR THE PUBLIC BENEFIT**
Outreach Ministry Review
The church's activities are available to Christians and non-Christians, members and non-members alike; there is no restriction to attendance. The community have been attracted to and enjoyed our services including, weekly Sunday worship services at two London locations, Easter Conventions, Christmas and New Year's Eve watch night services. •
page 3
## **GREAT COMMISSION MINISTRIES**
## **FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES' REPORT**
As further evidence of our Public Benefit, the Charity was involved in Christian outreach programmes and Christian Ministry designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ
Other activities undertaken in support of the above were:
>Women's and men's meetings/events
>Teenager's meetings/events
>Young adults' meetings/events
>Singles meetings/events
>Sunday services
>Sunday school
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
## **THE CONTRIBUTION OF VOLUNTEERS DURING THE YEAR**
Members of the charity who are professionals in their various field of work and study volunteered in different capacities during the year under review and their work has not been quantified. Incoming volunteers attend a full day induction programme.
## **THE MAIN ACHIEVEMENTS AND PERFORMANCE OF THE CHARITY DURING THE YEAR**
The charity provided worship services virtually, and live stream most events and programs online and on radio.
Outreach services was conducted to support the members in the difficult times.
Youth outings and creative events aimed at developing interpersonal, and social skills.
Prayers were all the times made for the members and the community at large to keep their spiritual life strong in the most challenging times
## **PUBLIC BENEFIT MINISTRY OUTREACH AND BENEFITS**
> The church's activities are available to Christians and non-Christians, members and non-members alike; there is no restriction to attendance. The community have been attracted to and enjoyed our services including, weekly Sunday worship services at two London locations, Easter Conventions, Christmas and New Year's Eve watch night services.
>We add to the local economy
>We are a local employer and use many local auxiliary services
page 4
## **GREAT COMMISSION MINISTRIES**
## **FOR THE YEAR ENDED 31 DECEMBER 2023 TRUSTEES' REPORT**
>We run a number of conventions and exhibitions that generate income for local businesses hotels, restaurants and shops
>We develop productive local partnerships
>We have partnered with the police and organisations working to reduce youth crime in local communities.
>We provide volunteering opportunities to local people to enhance their skills and gain experiences
## **STRUCTURE GOVERNANCE AND MANAGEMENT**
GREAT COMMISSION MINISTRIES is registered as a charitable company limited by guarantee and was set up by a Trust deed.
The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on 2 October 2024
B KUSASIRA
Trustee
page 5
## **GREAT COMMISSION MINISTRIES**
|**Statement of Financial Activities**
**for the year ended 31 December 2023**
**Income**
Income from generated funds
Other trading activities
Income from charitable activities
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Net Income**
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
**Net income for the year**
Total funds brought forward
**Net funds carried forward**|**Unrestric**
**ted funds**
**£**
373
107,846
**108,219**
114,185
**114,185**
**(5,966)**
**(5,966)**
90,864
**84,898**|**Restricte**
**d funds**
**£**
-
-
**-**
-
**-**
**-**
**-**
-
**-**|**2023**
**Total**
**£**
373
107,846
**108,219**
114,185
**114,185**
**(5,966)**
**(5,966)**
90,864
**84,898**|2022
Total
£
-
98,135|
|---|---|---|---|---|
|||||98,135|
|||||137,290|
|||||137,290|
|||||(39,155)|
|||||(39,155)
130,019|
|||||90,864|
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
page 6
## **GREAT COMMISSION MINISTRIES**
## **BALANCE SHEET AT 31 DECEMBER 2023**
|**BALANCE SHEET AT 31 DECEMBER 2023**|||||
|---|---|---|---|---|
|**Notes**
**FIXED ASSETS**
Tangible assets
4
**CURRENT ASSETS**
Cash at bank and in hand
**CREDITORS: Amounts falling due within one year**
5
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CREDITORS: Amounts falling due after more than one year**
6
**NET ASSETS**
**CAPITAL AND RESERVES**
**Unrestricted funds**
**8**
General fund|26,990
26,990
7,954|**2023**
**£**
92,661
19,036
111,697
26,800
84,897
84,897
84,897|5,837
5,837
-|2022
£
115,826
5,837|
|||||121,663
30,800|
|||||90,863|
|||||90,863|
|||||90,863|
For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
## **Approved by the board of trustees on 2 October 2024 and signed on their behalf by**
.............................
B KUSASIRA Trustee
.............................
Angela NABANKEMA Trustee
.............................
Vicent NKWANGA Trustee
page 7
## **GREAT COMMISSION MINISTRIES**
## **NOTES TO THE ACCOUNTS**
**FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES**
## **1a. Basis Of Accounting**
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **1b. Incoming Resources**
All income are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **1c. Resources Expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **1d. Allocation And Apportionment Of Costs**
All costs relate to the single activity of the charitable company and are recognised accordingly.
## **1e. Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
## **1f. Depreciation**
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment
reducing balance 20%
page 8
## **GREAT COMMISSION MINISTRIES**
## **1g. Turnover**
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
## **1h.**
## **2. MEMBERS AND EMPLOYEES**
Particulars of employees (including directors) are shown below:
|**2. MEMBERS AND EMPLOYEES**
Particulars of employees (including directors) are shown below:|||
|---|---|---|
|Employee costs during the year amounted to:
**3. EMPLOYEES**
Average number of employees|**2023**
**£**
**2023**
**No.**
-|2022
£|
|||2022
**No.**
-|
## **4. TANGIBLE FIXED ASSETS**
|**Cost**
At 1 January 2023
At 31 December 2023
**Depreciation**
At 1 January 2023
For the year
At 31 December 2023
**Net Book Amounts**
At 31 December 2023
At 31 December 2022|**Equipment**
**£**
144,782
144,782
28,956
23,165
52,121
92,661
115,826|**Total**
**£**
144,782|
|---|---|---|
|||144,782|
|||28,956
23,165|
|||52,121|
|||92,661|
|||115,826|
page 9
## **GREAT COMMISSION MINISTRIES**
## **5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|
|Other creditors
**6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans and overdrafts|**2023**
**£**
7,954
7,954
**2023**
**£**
26,800
26,800|2022
£
-|
|||-|
|||2022
£
30,800|
|||30,800|
## **7. LIMITED BY GUARANTEE**
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 31 December 2023 there were members.
## **8. UNRESTRICTED FUNDS**
General fund
## **9. RESTRICTED FUNDS**
|**Brought**
**forward**
**£**
90,864
90,864
**Brought**
**forward**
**£**|**Income **
**£**
108,219|**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**
(114,186)
-
(114,186)
-
**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**|**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**
(114,186)
-
(114,186)
-
**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**|**Carried**
**forward**
**£**
84,897|
|---|---|---|---|---|
||108,219||-|84,897|
||**Income **
**£**|||**Carried**
**forward**
**£**|
page 10
## **GREAT COMMISSION MINISTRIES**
|**Incoming Resources**
**for the year ended 31 December 2023**
**Income**
**Income from generated funds**
**Other**
Bank interest
**From Charitable Activities**
Tithe
Other Givings and Donations
Seed Donation
Offering|373
40,674
30,828
10,527
25,817|**2023**
**£**
373
373
107,846
107,846
108,219|-
40,295
32,952
7,554
17,334|2022
£
-|
|---|---|---|---|---|
|||||-|
|||||98,135|
|||||98,135|
|||||98,135|
page 11
## **GREAT COMMISSION MINISTRIES**
## **Expenses for the year ended 31 December 2023**
|**Expenses**
**for the year ended 31 December 2023**|||
|---|---|---|
|**Expenses**
**Costs of generating funds**
**Charitable Activities**
Streaming, Radio and TV cost
Travel
Event and Other Services
Insurance
Heat and light (gas & electric)
Rent
Cleaning & Waste Collection
Repairs and renewals
Wages & Allownace
Equipment maintenance
Computer, software and website costs
Accountancy fees
Professional fees
Printing
Stationery & office supplies
Telephone, internet and broadband
Security costs
Bank charges
Bank interest
Interest on loans repayable within 5 years
Depreciation of equipment|**2023**
**£**
2,048
1,575
6,090
797
2,344
51,051
315
7,442
8,143
2,482
283
1,250
139
30
1,685
422
3,269
1,291
19
345
23,165
114,185
114,185|2022
£
-
2,147
10,593
939
4,219
57,013
1,327
6,392
14,596
2,148
500
1,250
2,500
639
1,776
1,234
-
-
-
1,061
28,956|
|||137,290|
||||
|||137,290|
page 12