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2022-12-31-accounts

KINGDOM OF GOD MINISTRIES INTERNATIONAL

AND

MOUNT CARMEL PRAYER ACADEMY


Annual Report and Annual Accounts 1[st] January 2022 – 31[st] December 2022

Kingdom of God Ministries International and Mount Carmel Prayer Academy

Legal Status: Registered Charity

Charity Number : 1137305

Officers: Mr Collins Adu Kwakye

Mrs Georgina Osei Adwoa Sarkodie

Spiritual Leader: Apostle Aaron Kaye Williams

Address: First floor

10-20 Lamb Lane London, E8 3PL

Contact Email : kingdomofgodmins@yahoo.co.uk

Bank: HSBC

283 Mare Street Hackney London, E8 1PJ

Independent Examiner: J Walters & Co.

Kingdom of God Ministries International and Mount Carmel Prayer Academy

REGISTERED CHARITY NUMBER - 1137305

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 31[st] December 2022

Trustees

The Trustees, who have served on the Board throughout the year unless otherwise stated, are listed on page 2. New Trustees are encouraged to visit the office so they can receive a full briefing on the organisation, meet volunteer staff and see some of the work we undertake. They are also encouraged to visit off site operations we have kept them up to date with developments within the charity through the trustee meetings, papers and other communications.

Objectives

To advance the Christian religion for the benefit of the public in accordance with the attached statement of belief

Kingdom of God Ministries is community charity, providing a matrix of services dedicated to:

Aims

Kingdom of God Ministries provide a number of activities to help build the local community. Social inclusion is key to our work , in ours efforts to build social cohesion we attack the barriers to it. We work with families, youth, the elderly, the unemployed the homeless refugees and BAME communities to effect material and lasting changes to individual situation. All of our activities are delivered through one to one session or through group sessions to ensure change is on going.

Equal Opportunities and other policies

As responsible employers, the Trustees have approved a number of policies relating to Equal Opportunities, Conflict of Interest, Health and Safety, Children and Vulnerable Adults Protection Policy etc. These policies are reviewed annually

Risk Management

The Trustees and management team are aware of their responsibilities regarding risk management and strategic, business and operational risks are reviewed annually. There is a risk register in place, which is reviewed regularly by both the Trustees and the managers. At their annual review of the

register during the year, the Trustees noted there was not sufficient emphasis on financial matter, performance and outcomes. It was decided that this needed to be addressed and the chair have identified a programme of training for all staff and Trustees.

Management and Administration

The resources expended on administration totaled £6,070during the year. This represents 8,33% of the total resources expended; a level of expenditure which the Trustees consider to be appropriate for the charity in these uncertain times . This figure is understandable as the organisation continues to expand and increase the range of services it offers to an increasingly needy constituency.

Work Program

Kingdom of God Ministries now delivers services across several London Boroughs, and work continues to grow as we share what little we have with others in need. The church is actively supporting a variety of organisations in the UK. Kingdom of God Ministries International and Mount Carmel Prayer Academy have extended support to several small international NGOs, including an orphanage in Kenya, an autism center in the UK (which receives a monthly donation to continue its vital work), and the Okanta Prayer Centre in Ghana.

This year has seen our membership grow steadily, and with this growth, the church has experienced an increase in support across all key areas essential for the charity’s ongoing development.

Kingdom of God Ministries has strengthened its services in response to the ever-growing demands placed upon it. We are now positioned to serve a larger number of client as the charity continues to operate across a number of locations, thanks to the grace of God, whose guidance has never failed us. Our current locations are:

Additionally, this year we held a number of revival services and these services have provided an incredible opportunity for our members to meet fellow Christians from across the country, fostering growth a greater sense of purpose.

Family Services

When challenges arise, we address them as efficiently as possible, guided by our faith in the Everlasting Father and using the tools He has given us to bring comfort to those in need and to support them. We have found great success in this mission.

Over the two years, we have assisted over 200 families in crisis, some of which were at risk of complete breakdown. Through a focused program, we have been able to counsel individuals and help many rebuild their relationships. For those still in need, we remain committed to supporting them, just as our Heavenly Father never gives up on us.

Advice and Signposting

Our advice and support services remail crucial to addressing the needs of individuals that larger charities have not been able to address. Over the past three years, we have dedicated over 3,000 hours to offering a listening ear and providing support. This past year, our community base activities have been outstanding, as new clients reach out to us every day. We have developed skills within the organization that allow us to respond quickly to people in crisis.

For decades, many local organisations have tried to reach socially excluded individuals, often labeled as "Hard to Reach." People in these pockets of deperavation are understandably wary, having been overlooked for so long. We are working hard to deliver financial support, currently assisting over 100 families. The charity has successfully negotiated with creditors to reduce individual levels of debt, resulting in several families becoming debt-free. This work remains essential to the lives of our beneficiaries in these harsh times.

Musical Instruction

For the past eight years, we have provided musical instruction. In recent times we have adapted by developing new methods to ensure the continued development of our aspiring musicians. We continue to invest in new musical instruments, which were loaned out to our members. These musicians perform at church meting and services and also support other churchea in the location and we have seen a surprising demand to join this activity.

Media / TV Studio

In response to restriced activities, we have expanded our media outreach, a journey that began in 2014 with a new program for ministers in media through Olive TV. This initiative has grown into an influencial force, spreading the message of our church activities to the community. Over the past year, with God's blessings and the support of our members, we have taken steps toward establishing

an independent production house with in the churche’s headquarters. We are already seeing significant benefits, costs has been reduced and our reach has been extended to a global audience.

Immigration and Legal Advice

The demand for immigration support has continued to rise over the past year. Many of our community members came to the UK from other countries and hold EU citizenship. The current political environment has complicated their lives, necessitating more diverse channels to help them navigate the increasingly stringent immigration rules implemented by the government.

As an organization rooted in the BAME community, we deal daily with issues related to immigration status as this country continues to reject people of colour. Our work includes:

Many people experiencing immigration problems come to Kingdom of God Ministries because we are often the only organization they feel they can trust. This trust is built on a shared belief in the love of God.

Homelessness Support

We continue to provide emergency housing solutions through our support channels for individuals in need. Our efforts have positively impacted the lives of many facing imminent homelessness , as society struggles to address this issue, many are experiencing drastic changes in their quality of life, losing their homes, families, and dignity.

Closing Words

Thank you to all who have made our achievements possible during these very challenging times. The willingness of our volunteers to give their time and energy has been pivotal to the continued operation of the organization. A special mention must be made of our volunteers, without whom we would not have achieved what we have. Thank you, everyone.

On behalf of the Trustees of the church and all member organisations, we stand stronger together, committed to a brighter future. Many support us in different ways, and no report on our work would be complete without expressing our thanks to everyone who has made our achievements possible. A

special mention must be made of our staff and volunteers, who number 35. Without their

commitment, we would not be able to extend our work. Throughout the pandemic, our guiding light, Apostle Aaron Kaye Williams, has galvanized members to ensure they were well and able to extend a helping hand to others.

Signed Mr. Collins Adu Kwakye Chair

On behalf of the board of trustees on this day the 17[th] October 2023

Trustees' Responsibilities

Charity law requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charitable Charity and the surplus or deficit for that period. In preparing these statements, the Trustees are required to:

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

Independent Examiner's Report

Independent Examiner's Report to the Trustees of Kingdom of God Ministries International and Mount Carmel Prayer Academy Registered Charity Number 1137305, on the accounts for the year ending 31[st] December 2022 set out on pages 9 and10. Respective responsibilities of Trustees and Examiner

The Charity's Trustees consider that an audit is not required for this year (under section 43(2)) of the Charities Act 1993 (the Act) and that an independent examination is needed

It is my responsibility to:

Basis of this report

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 Charity 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 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 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 respect, the trustees have met the requirements to ensure that:

(a) Proper accounting records are kept (in accordance with section 41 of the Act); and

(b) Accounts are prepared which agree with the accounting requirements of the 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.

Trotman & Atwal Community Accountant 7 Beanshaw London, SE9 3HL

Sign : 28 . 09. 2023

KINGDOM OF GOD MINISTRIES

STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME & EXPENDITURE ACCOUNT

For the year ended 31[st] December 2022


2021
2.Incoming Resources
£
-
Grants, Awards,
52,858
Donations
2,450
Generated Income
3,800
Membership
-
Other
59,108
Total Income
Resources Expended
0
Cost of generating
funds
60,361
Activities in the
furtherance of the
Charity’s objects
8,965
Management &
Administration
69,326
Total outgoing
resources
(10,218)
Net surplus/deficit
12,011
Balance brought
forward
1,793
Balance carried forward
Unrestricted
£
-
61,150
4,450
8,800
-
74,400
0
66,770
6,070
72,840
1,560
1,793
3,353
Restricted
£
-
-
-
-
-
0
0
0
0
0
0
0
0
2022
£
-
61,150
4,450
8,800
-
74,400
0
66,770
6,070
72,840
1,560
1,793
3,353

All of the principal activities of the charity are continuing.

There were no other recognised gains or losses other than the result for the year.

The accompanying accounting policies and notes form an integral part of these financial statements

KINGDOM OF GOD MINISTRIES

BALANCE SHEET AT 31[st] December 2022

______ ___________
2021
note
£
Fixed Assets: 3
57,100
Tangible Assets
Current Assets:
Debtors
-
1,793
Cash at Bank and in hand
3,353
Creditors:
Net Current assets
-
58,893
Total Net assets

Represented by:
1,793
(Un)/ restricted funds
-
Free reserves
57,100
Fixed Assets
58,893
Total Unrestricted funds:
0
Restricted funds:
58,893
Total
2022
55,100
-
58,453
3,353
-
55,100
58,453
0
58,453

The Trustees did not require the charity to have an audited set of accounts as it fell below the Charity Commission’s threshold.

Approved on 17[th] October 2022 - Signed on behalf of the Charity

Adwoa Sarkodie Sign:

KINGDOM OF GOD MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31[st] December 2022

2. ANALYSIS OF INCOMING AND EXPENDITURE OF RESOURCES

2021
£
-
-
-
-
56,658
2,450
-
59,108
2021
Total £
0
0
0
-
-
-
-
60,361
2,000
688
677
3,600
2,000
8,965
69,326
Cash Income by type of
donor
Unrestricted
Restricted
2022
£
£
£
Lottery
-
-
-
Charitable Trust
-
-
-
Government- Local
Authority
-
-
-
Companies
-
-
-
Donations /Members
69,950
-
69,950
Generated Income
4,450
-
4,450
Other Sources
-
-
-
Total Income
74,400
0
74,400
Resources Expended
2022
Cost of generating funds
Total £
Staff & Volunteer Travelling
-
-
0
Mentoring
-
-
0
-
-
0
Activities for Clients
Volunteer Cost
10,300
-
10,300
Rent
27,090
-
27,090
Venue Hire
0
-
0
Project Activity
29,380
-
29,380
66,770
Management &
Administration Cost
Legal fee and Accounting
1,800
-
1,800
Management and Services
280
-
280
Postage and Carriage
390
-
390
Insurance
3,000
-
3,000
Equipment
600
-
600
Other(membership)
-
-
6,070
Total
72,840
Total

The accompanying accounting policies and notes form an integral part of these financial statements

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31[st] December 2022

1. Notes to the Financial Statements for the year ended 31[st] December 2022

Accounting Policies

(a) Basis of accounting

The financial statements are prepared under the historical cost convention. They comply with the Charity Commission's Statement of Recommended Practice on Accounting by Charities (SORP 2005) and all applicable accounting standards.

Reporting Standards

(b) Incoming Resources

General donations, legacies and subscriptions are brought into account when received. Donations and grants given for specific purposes are treated as income in the year of receipt. Unspent restricted income is included under restricted funds as it is fully committed.

(c) Resources expended

The resources used are classified under the charity's functional categories of expenditure rather than the type of expense in order to provide more useful information.

Resources expended in each functional category comprise direct expenditure including direct staff costs attributable to the activity. Where costs cannot be directly attributed they have been allocated to activities based on time spent by staff on those activities.

(d) Tangible fixed assets and depreciation

Tangible fixed assets are included at cost; Depreciation is calculated annually at 25%

(e) Operating leases

Operating lease rentals are charged to the income and expenditure account as they become due.

( f) Fund accounting

General funds comprise the accumulated surplus or deficit on the income and expenditure account. They are available for use at the discretion of the Directors in furtherance of the general objectives of the company. Restricted funds are funds subject to specific restricted conditions imposed by donors.

(g) Expenditure categories

Expenditure is allocated to one of three functional categories that reflect the charitable activities of the company:

Cost of generating funds

Activities in the furtherance of the Charity’s objects

Management and Administration

This year all expenditure was made under Management and Administration