**REGISTERED CHARITY NUMBER: 1137848** 

## **REPORT OF THE TRUSTEES AND** 

## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **FOR** 

## **SHEPHERD'S VOICE MINISTRIES** 

Appiatse & Associates Chartered Certified Accountants 191 Waltham Way Chingford London E4 8AG 



**SHEPHERD'S VOICE MINISTRIES** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|6|
|**Independent Examiner's Report**||7||
|**Statement of Financial Activities**||8||
|**Balance Sheet**||9||
|**Notes to the Financial Statements**|10|to|14|
|**Detailed Statement of Financial Activities**|15|to|16|





**SHEPHERD'S VOICE MINISTRIES** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** 

The Trustees are pleased to present their report together with financial statements for Shepherds Voice Ministries for the twelve months ended 31 March 2023. 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The charity's objects are: 

- 1) To advance the Christian faith, 

2) The relief of poverty, sickness and distress among church members and the community, 

3) Any other charitable purposes according to the laws of England and Wales and the Trustees may from time to time think fit. 

## Ministry aims and purpose 

The aim and purpose of the ministry is to reach a wider audience throughout the UK, and across the borders and strengthen the outreach activities. The Senior Pastor, Trustees and all Volunteers work as a team in achieving and fulfilling the objectives of the ministry. The Senior Pastor Bakka always prays for all the church volunteers to remain a holy spirit led team that drives the Ministry to achieve its annual objectives. 

## **Public benefit** 

The trustees of Shepherd's Voice Ministries had due regard to the public benefit guidance published by the Charity Commission in compliance with its duties under section 17 of the Charities Act 2011. 

## The Church exists to: 

1. Reach a wide audience throughout UK and increase awareness of the gospel. 

2. Help people to grow as Christians through mutual support and care and 

3. Help people in need through outreach activities, 

The trustees consider that for these reasons the charity meets these public benefit requirements. 

Page 1 



**SHEPHERD'S VOICE MINISTRIES** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** 

## **OBJECTIVES AND ACTIVITIES** 

## a) Governance 

The Trustees have the legal responsibility of the management of Shepherd Voice Ministries and the church pastoral Ministry is led by Senior Pastor Braz Bakka and Pastor Florence Kyokunda Bakka with the help of Volunteer Assistant Pastor Shelton Nyarenda. Senior Pastor Bakka has the overall responsibility of the management and general flow of all the ministerial services.. 

The Trustees, the Senior Pastor and Pastor Florence Kyokunda Bakka work with elders, and volunteers who work together to ensure that the aims and objectives of the Ministry are met and the different ministries and branches run smoothly. Volunteers, Trainee pastors and Elders also support Sunday and Mid-week meetings ensuring the smooth running of the church. 

## 1) Pastoral Services 

Services are held mid-week in London and Sundays in Luton. Mid-week meetings are held in the evening to ensure the time is accommodating and accessible for all types of groups, by this consistency is maintained throughout the year. Pastors and elders in the ministry encourage members to keep and observe an active life in Christ, by living in peace, harmony and invest time in reading the Bible. 

The Church has average membership of 120 across all the branches. Our Media Team are doing a great Job of recording pastors preaching and live streaming weekly on YouTube and Facebook. 

Since its inception facebook live streaming has proved to be an effective global evangelistic tool. Live streaming continue to be instrumental in spreading the good news across the globe. 

## a) Information, advice and guidance: 

The church continues to issue out evangelism and service promotional leaflets to all potential members within the Luton and London communities. This remains an on-going process to reach the diverse community. The Church has now centralised its ministerial operation in Luton and continue to use these premises as the main church Hall and church office. 

Our church website continues to be a reaching out tool enabling testimonies, and word of encouragement from the Senior Pastor and assistant Pastors to reach the wider audience. The website is the church's online communication tool which is always kept up to date by our Media Team. 

## b) Publication 

Senior Pastor Braz Bakka is the author of 'Who is your mother,' a book published online and in hard copy to promote the Gospel. There is great joy to now own and read this book that touches everyone's mother in particular the context of it brings rich awareness in why we have to pray for our mothers and support them in their daily walk in Jesus Christ. The book is still in the market and is proving to be a useful evangelising tool for the ministry in the United Kingdom and beyond. 

## 1) Recruitment and appointment of new Trustees 

All trustees are recruited in line with the governing documents and receive appropriate training commensurate with  their responsibilities. As part of the induction programme, trustees are provided with constitutional, governance, financial and organisational documentation. Trustees also receive regular updates and are made aware of relevant events and training opportunities in order to keep their knowledge and skills up to date.. 

Page 2 



**SHEPHERD'S VOICE MINISTRIES** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** 

## **OBJECTIVES AND ACTIVITIES** 

## 2) Governance 

The Trustees have the legal responsible of the management of Shepherd Voice Ministries and the church pastoral Ministry is led by Senior Pastor Braz Bakka and Pastor Florence Bakka with the help of Volunteer Assistant Pastor Shelton Nyarenda. Senior Pastor Bakka has the overall responsibility of the management and general flow of all the services. 

The Trustees, the Senior Pastor and Pastor Florence Kyokunda Bakka work with elders, and volunteers who work together to ensure that the aims and objectives of the Ministry are met and the different ministries and branches run smoothly. Volunteers, Trainee pastors and Elders also support Sunday and Mid-week meetings ensuring the smooth running of the church 

## 3) Technical and Video Recording 

The word of GOD is also disseminated to members through recorded Pastoral teachings CDs on biblical principles on how to walk in faith. This is an on-going evangelism process to promote the word of God and the growth of the church. 

## 4) Outreach programme 

The church also give tithe to other churches in support of the work of God and in furtherance of our charitable activities. The church will continue to work with other charities in England and Wales in fulfilling its public benefit objective. 

## 5) Volunteering 

The efforts of Volunteer staff are at the heart of the Charity. The Church is grateful for the untiring efforts of its volunteers who are involved in service provision in all London and Luton branches. 

The Ministry is continuously taking steps to increase our pool of professional Volunteers through improved recruitment and retention policies, and providing high quality training in pastoral leadership, ushering, singing, playing instruments, and video recording. Professionals whose expertise can benefit the running of the church are always encouraged to voluntarily take part to share their experience. 

Individual skills are enhanced through our mid-week meetings from our Senior Pastors and daily prayers including bible teaching/reading in all our venues. 

## 6)  Collaborations 

## i) Kansanga Miracle Centre 

Shepherd's Voice Ministries has developed and continues to establish links and partnership with Kansanga Miracle Centre Church in Uganda. Pastor Bakka always endeavours to visit and preach at Kansanga Miracle Centre at least once or twice every year sharing his unique brand of delivering the gospel to Church members there. The church continues to share and strengthen its relationship with Kansanga in furtherance of the Gospel beyond United Kingdom. 

## ii) Christian Watchmen Over Zion 

Kansanga and Shepherd's Voice Ministries partake together in the annual Holy land visits to Israel usually in July/August every year. The church members who have had an opportunity to visit Israel are grateful and spiritually encouraged with the amount of first-hand knowledge and understanding of the ministry of Jesus Christ. The church will continue to share and learn from this partnership in the long term. 

Page 3 



**SHEPHERD'S VOICE MINISTRIES** 

**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** 

## **OBJECTIVES AND ACTIVITIES** 

## iii) Israel Holy Land Tour 

The Senior Pastor has responded to the wishes of Church members to visit Israel once every year starting from the 2013/14 financial year, by arranging group bookings. All members who participate in the annual trip personally finance their travel and accommodation expenses. There is an increasing willingness by members to visit Israel year after year; as a result this is set to be a long term annual church faith development event. All these visits to the Holy Land have been instrumental in teaching church members more about Israel's history, culture and biblical connections. It also instils faith in church members as they are able to relate what they see and what is mentioned in the biblical scriptures. 

## **ACHIEVEMENT AND PERFORMANCE** 

## Achievements in 2022/2023 

- Surrounding communities have been enriched by our constant promotional material which also includes words of encouragement presented to them through our leaflet distribution. This remains on-going to win souls by evangelising for the ministry. 

- Tuesday evening Service at Globe Academy in London continue to be great for the church because the location is a more central hub to the surrounding community and to most of our London based church members. Travelling distance for most of them has halved in comparison to other venues. Friday evening service and all other conferences continue to be held at our Luton Main building. 

- Prospective church members are getting to know about our ministry, church services and live programmes in the United Kingdom through this social media platform. We are beginning to see the positive Impact of Live-streaming on membership levels as we have been constantly reviewing it. 

## Challenges encountered and changes going in to 2022/2023 

The ministry through its evangelism team would like to reach out to as many members of the community as possible especially the youth. It is the Ministry's plan to get an affordable evangelising and promotion slot on TV to further the Gospel and reach out many people across the world. Whilst waiting for an affordable TV Slot the church continue to  use facebook. We are looking forward to get a slot in the 2023/24 financial year. 

## **FINANCIAL REVIEW** 

In 2022/23 church income has decreased from £154212 to £147512 representing an overall decrease of £6700 from last year. This decrease has been attributed to a gradual recovery from the Pandemic challenges faced by the church and its members, however there are positive signs of an upward trend in the 2023/2024 financial year. 

Regardless of the decrease in overall annual income in 2022/23 the church continue to meet all its expenses without the need to borrow any funds. The strong willingness in giving by our members across all the ministerial services continue to be a contributing factor to the cash flow position of the church. The ability to retain more committed and dedicated members of the church congregation is another contributing factor. 

The church continues to fulfil its public benefit objective by identifying and assisting the needy. The church's plan is to increase support towards the needy communities and support the immediate needs of other small charities in further fulfilling its charitable and public benefit objectives within the United Kingdom. The church wages and payroll expenses are mainly for those working full time in the Ministry carrying out day to day pastoral and counselling duties. 

The main source of the Church income is through tithes and offering which is willingly given by the members of our ministry. We would like to thank all the church members who have consistently given their tithes and offering to enable all the financial commitments of the church to be sufficiently catered for. 

All the accounts are prepared on a going concern basis and all the income and expenses are recorded using suitable accounting policies and consistently. 

Page 4 



**SHEPHERD'S VOICE MINISTRIES** 

**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** 

## **FUTURE PLANS** 

The church continues to grow, and we anticipate an increase in membership and resources to achieve our vision. 

Our long term vision includes: 

Extending the Gospel of Jesus Christ to many parts of the United Kingdom, and beyond. 

" Advertising and promoting the Gospel on Facebook and other Social Media platforms in 2023/24 

" Contributing to the alleviation of poverty and meeting the needs of poor people in deprived areas through financial donations. 

" Expanding the Sunday School and Youth ministries within the church setting 

" Supporting and expanding women's ministry and church conferences on a quarterly and half yearly basis. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Strategic objectives, aims and purposes of Shepherd’s Voice Ministries** 

Shepherd's Voice Ministries was founded in 2010 by the Senior Pastor Braz and Florence Kyokunda Bakka in Luton, to advance the Christian faith here in the United Kingdom. In addition to Luton Sunday Service Branch the church also run Mid-week meetings in the following venue: 

" Elephant & Castle  -  Tuesday - Evening Service 

The Senior Pastor Bakka ministers at the Sunday and all the mid-week meetings preaching, praying, and encouraging all members to maintain a dedicated and committed relationship with God. We the Trustees thank our Senior Pastor Bakka for his commitment, dedication and for working tirelessly in all the church services every week and counselling church members all year round in 2022/2023. 

Shepherd's Voice Ministries strives to meet spiritual, emotional and practical needs of people from diverse cultural and ethnic backgrounds through prayer, evangelism and outreach programmes. 

. 

Strategic objectives, aims and purposes of Shepherd's Voice Ministries 

The charity's objects are: 

1) To advance the Christian faith, 

2) The relief of poverty, sickness and distress among church members and the community, 

3) Any other charitable purposes according to the laws of England and Wales and the Trustees may from time to time think fit. 

Ministry aims and purpose 

The aim and purpose of the ministry is to reach a wider audience throughout the UK, and across the borders and strengthen the outreach activities. The Senior Pastor, Trustees and all Volunteers work as a team in achieving and fulfilling the objectives of the ministry. The Senior Pastor Bakka always pray for all the church volunteers to remain a holy spirit led team that drives the Ministry to achieve its annual objectives. 

Page 5 



**SHEPHERD'S VOICE MINISTRIES** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management and internal controls** 

The risk management policy is designed to identify and analyse operational and other risks facing Shepherd's Voice Ministries and where at unacceptable levels, to take steps to mitigate the risks. The same internal control system of record keeping and accounting is consistently applied across all the church branches. It is the responsibility of the Church Voluntary Administrator to ensure all documents of accounting significance are filed, referenced and kept under lock and key at all times in our Church Building offices. The Church Administrator reports to the Trustees on all administrative, accounting and decision making relating to charity financial matters. Under no circumstance should the Administrator make charity decision without obtaining authorisation signatory from the serving Trustees. This ensures control, segregation of duties and approvals of payments prior to effecting payments. 

All Volunteers involved in the counting and recording of Tithes and Offering are accountable to church Trustees. It is a requirement that all cash be counted and signed for by a minimum of 2 Volunteer Adult church members. Trustees from time to time review the church accounting systems to ensure adequate controls are always in place. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

1137848 

## **Principal address** 

28-30 Victoria Street Luton LU1 2UA 

## **Trustees** 

Ms M Chaonza Ms J Ngotezi D Zimuto 

## **Independent Examiner** 

Appiatse & Associates Chartered Certified Accountants 191 Waltham Way Chingford London E4 8AG 

## **ACKNOWLEDGEMENTS** 

We the Trustees would like to extend our gratitude to Pastor Bakka, all our members, volunteers, ushers, musicians, media team, elders, volunteer pastors, evangelism teams, administration and all our valued Partners for the great support in the 2023/24 financial year. 

Approved by order of the board of trustees on 16 January 2024 and signed on its behalf by: 

Ms M Chaonza - Trustee 

Page 6 



**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHEPHERD'S VOICE MINISTRIES** 

## **Independent examiner's report to the trustees of Shepherd's Voice Ministries** 

I report to the charity trustees on my examination of the accounts of Shepherd's Voice Ministries (the Trust) for the year ended 31 March 2023. 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set  out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Ekow Appiatse 

Appiatse & Associates Chartered Certified Accountants 191 Waltham Way Chingford London E4 8AG 

16 January 2024 

Page 7 



**SHEPHERD'S VOICE MINISTRIES** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023** 

|**31.3.23**<br>**Unrestricted**<br>**fund**<br>Notes<br>**£**<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>**147,512**<br>**EXPENDITURE ON**<br>Raising funds<br>**105,469**<br>**Charitable activities**<br>Welfare expenses<br>**11,461**<br>Outreach projects<br>**3,888**<br>Other<br>**13,132**<br>**Total**<br>**133,950**<br>**NET INCOME**<br>**13,562**<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>**193,478**<br>**TOTAL FUNDS CARRIED FORWARD**<br>**207,040**|31.3.22<br>Total<br>funds<br>£<br>154,212|
|---|---|
||109,150<br>2,500<br>-<br>2,748|
||114,398|
||39,814<br>153,664|
||193,478|



The notes form part of these financial statements 

Page 8 



**SHEPHERD'S VOICE MINISTRIES** 

## **BALANCE SHEET 31 MARCH 2023** 

|**31.3.23**<br>**Unrestricted**<br>**fund**<br>Notes<br>**£**<br>**FIXED ASSETS**<br>Tangible assets<br>5<br>**25,927**<br>**CURRENT ASSETS**<br>Debtors<br>6<br>**15,999**<br>Cash at bank<br>**169,085**<br>**185,084**<br>**CREDITORS**<br>Amounts falling due within one year<br>7<br>**(3,971)**<br>**NET CURRENT ASSETS**<br>**181,113**<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>**207,040**<br>**NET ASSETS**<br>**207,040**<br>**FUNDS**<br>8<br>Unrestricted funds<br>**207,040**<br>**TOTAL FUNDS**<br>**207,040**|31.3.22<br>Total<br>funds<br>£<br>34,077<br>15,999<br>147,373<br>163,372<br>(3,971)<br>159,401<br>193,478<br>193,478<br>193,478<br>193,478|
|---|---|



The financial statements were approved by the Board of Trustees and authorised for issue on 16 January 2024 and were signed on its behalf by: 

M Chaonza - Trustee 

D Zimuto - Trustee 

J Ngotezi - Trustee 

The notes form part of these financial statements 

Page 9 



**SHEPHERD'S VOICE MINISTRIES** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Plant and machinery - 25% on reducing balance Fixtures and fittings - 25% on reducing balance 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **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. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Hire purchase and leasing commitments** 

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 

## **Pension costs and other post-retirement benefits** 

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the  Statement of Financial Activities in the period to which they relate. 

continued... 

Page 10 



**SHEPHERD'S VOICE MINISTRIES** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** 

## **2. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. 

## **3. STAFF COSTS** 

The average monthly number of employees during the year was as follows: 

|Pastor<br>Administration|**31.3.23**<br><br>**1**<br>**1**<br>**2**|31.3.22<br>1<br>1|
|---|---|---|
|||2|



No employees received emoluments in excess of £60,000. 

## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|154,212|
|**EXPENDITURE ON**||
|Raising funds|109,150|
|**Charitable activities**||
|Welfare expenses|2,500|
|Other|2,748|
|**Total**|114,398|
|**NET INCOME**|39,814|
|**RECONCILIATION OF FUNDS**||
|Total funds brought forward|153,664|
|**TOTAL FUNDS CARRIED FORWARD**|193,478|



continued... 

Page 11 



**SHEPHERD'S VOICE MINISTRIES** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** 

## **5. TANGIBLE FIXED ASSETS** 

|Fixtures<br>Plant and<br>and<br>Motor<br>machinery<br>fittings<br>vehicles<br>£<br>£<br>£<br>**COST**<br>At 1 April 2022<br>**1,838**<br>**27,409**<br>**39,537**<br>Additions<br>**-**<br>**370**<br>**-**<br>At 31 March 2023<br>**1,838**<br>**27,779**<br>**39,537**<br>**DEPRECIATION**<br>At 1 April 2022<br>**1,372**<br>**15,550**<br>**17,785**<br>Charge for year<br>**117**<br>**2,965**<br>**5,438**<br>At 31 March 2023<br>**1,489**<br>**18,515**<br>**23,223**<br>**NET BOOK VALUE**<br>At 31 March 2023<br>**349**<br>**9,264**<br>**16,314**<br>At 31 March 2022<br>466<br>11,859<br>21,752<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Prepayments<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Taxation and social security<br>Other creditors<br>**MOVEMENT IN FUNDS**<br>At 1.4.22<br>£<br>**Unrestricted funds**<br>General fund<br>**193,478**<br>**TOTAL FUNDS**<br>**193,478**|Computer<br>equipment<br>£<br>**6,950**<br>**-**<br>**6,950**<br>**6,950**<br>**-**<br>**6,950**<br>**-**<br>-<br>**31.3.23**<br>**£**<br>**15,999**<br>**31.3.23**<br>**£**<br>**3,071**<br>**900**<br>**3,971**<br>Net<br>movement<br>in funds<br>£<br>**13,562**<br>**13,562**|Totals<br>£<br>**75,734**<br>**370**<br>**76,104**<br>**41,657**<br>**8,520**<br>**50,177**<br>**25,927**<br>34,077<br>31.3.22<br>£<br>15,999<br>31.3.22<br>£<br>3,071<br>900<br>3,971<br>At<br>31.3.23<br>£<br>**207,040**|Totals<br>£<br>**75,734**<br>**370**|
|---|---|---|---|
||||**76,104**|
||||**41,657**<br>**8,520**|
||||**50,177**|
||||**25,927**|
||||34,077|
|||**207,040**||



## **6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

## **8. MOVEMENT IN FUNDS** 

continued... 

Page 12 



**SHEPHERD'S VOICE MINISTRIES** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** 

## **8. MOVEMENT IN FUNDS - continued** 

Net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>**147,512**<br>**147,512**|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>**(133,950)**<br>**13,562**<br>**(133,950)**<br>**13,562**|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>**(133,950)**<br>**13,562**<br>**(133,950)**<br>**13,562**|
|---|---|---|---|
||||**13,562**|



## **Comparatives for movement in funds** 

|At 1.4.21<br>£<br>**Unrestricted funds**<br>General fund<br>153,664<br>**TOTAL FUNDS**<br>153,664<br>Comparative net movement in funds, included in the above are as follows:<br>Incoming<br>resources<br>£<br>**Unrestricted funds**<br>General fund<br>154,212<br>**TOTAL FUNDS**<br>154,212|Net<br>movement<br>At<br>in funds<br>31.3.22<br>£<br>£<br>39,814<br>193,478<br>39,814<br>193,478<br>Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(114,398)<br>39,814<br>(114,398)<br>39,814|At<br>31.3.22<br>£<br>193,478|
|---|---|---|
|||193,478|
|||39,814|



A current year 12 months and prior year 12 months combined position is as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|At 1.4.21<br>£<br>153,664<br>153,664|Net<br>movement<br>in funds<br>£<br>53,376<br>53,376|At<br>31.3.23<br>£<br>207,040|
|---|---|---|---|
||||207,040|



continued... 

Page 13 



**SHEPHERD'S VOICE MINISTRIES** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023** 

## **8. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|Incoming<br>resources<br>£<br>301,724<br>301,724|Resources<br>Movement<br>expended<br>in funds<br>£<br>£<br>(248,348)<br>53,376<br>(248,348)<br>53,376|
|---|---|---|



## **9. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 March 2023. 

Page 14 



**SHEPHERD'S VOICE MINISTRIES** 

## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023** 

||31.3.23|31.3.22|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Tithes & offering|**147,512**|154,212|
|**Total incoming resources**|**147,512**|154,212|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Wages|**34,852**|33,421|
|Social security|**-**|2,170|
|Pensions|**2,640**|2,437|
|Rent and rates|**31,238**|38,400|
|Insurance|**1,421**|1,292|
|Light and heat|**-**|6,214|
|Telephone|**2,671**|1,750|
|Printing, postage & stationery|**-**|911|
|Sundries|**1,696**|48|
|Visiting Pastors' Expenses|**-**|2,665|
|Pastors' allowances|**11,773**|-|
|Website expenses|**2,088**|-|
|Travelling & motor expenses|**5,155**|1,170|
|Instruments services & repairs|**445**|1,212|
|Musicians' fees|**2,970**|6,102|
|Plant and machinery|**117**|155|
|Fixtures and fittings|**2,965**|3,953|
|Motor vehicles|**5,438**|7,250|
||**105,469**|109,150|
|**Charitable activities**|||
|Other operating leases|**983**|-|
|Welfare expenses|**8,950**|2,500|
|Conference expenses|**3,888**|-|
||**13,821**|2,500|
|**Other**|||
|Property maintenance|**13,132**|1,467|
|**Support costs**|||
|**Finance**|||
|Bank charges|**328**|81|



This page does not form part of the statutory financial statements 

Page 15 



**SHEPHERD'S VOICE MINISTRIES** 

## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023** 

||31.3.23|31.3.22|
|---|---|---|
||£|£|
|**Finance**|||
|**Governance costs**|||
|Accountancy and legal fees|**1,200**|1,200|
|Total resources expended|**133,950**|114,398|
|**Net income**|**13,562**|39,814|



This page does not form part of the statutory financial statements 

Page 16