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2023-01-31-accounts

Charity number: 1141381

(England and Wales)

ASSEMBLY OF GOD MINISTRY ALLIANCE

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 January 2023

ASSEMBLY OF GOD MINISTRY ALLIANCE Contents Page For the year ended 31 January 2023

Report of the Trustees 1
Independent Examiner's Report to the Trustees 2
Statement of Financial Activities 3
Statement of Financial Position 4
Notes to the Financial Statements 5 to 9
Detailed Statement of Financial Activities 10

ASSEMBLY OF GOD MINISTRY ALLIANCE Report of the Trustees

For the year ended 31 January 2023

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 January 2023. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity ASSEMBLY OF GOD MINISTRY ALLIANCE Charity registration number 1141381 Principal address 108 Carlton Avenue East Wembley HA9 8LY

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Joao Francisco Alves Rocha Plinio Fabiano Ribeiro Vander Lourenco Independent examiners SJPR Accountants Ltd 225 Capham Road London SW9 9BE

Approved by the Board of Trustees and signed on its behalf by

............................................................................. Vander Lourenço

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ASSEMBLY OF GOD MINISTRY ALLIANCE

Independent Examiners Report to the Trustees

For the year ended 31 January 2023

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 January 2023.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiners statement

Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of , which is one of the listed bodies.

I have completed my examination. I confirm that no 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 Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Sansao Rodrigues ~~Siw~~

SJPR Accountants Ltd 225 Capham Road London SW9 9BE

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ASSEMBLY OF GOD MINISTRY ALLIANCE

Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 January 2023

Notes
Income and endowments from:
Donations and legacies
2
Investments
3
Total
Expenditure on:
Raising funds
4/5
Charitable activities
6/7
Total
Net income
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
401,676
174
401,850
(165,086)
(194,917)
(360,003)
41,847
204,667
246,514		 2022
£
279,592
-
279,592
(114,254)
(105,180)
(219,434)
60,158
144,509
204,667

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ASSEMBLY OF GOD MINISTRY ALLIANCE Statement of Financial Position

As at 31 January 2023

Notes 2023 2022
£ £
Fixed assets
Tangible assets 11 23,344 30,375
23,344 30,375
Current assets
Debtors - 1,800
Cash at bank and in hand 234,235 173,292
234,235 175,092
Creditors: amounts falling due within one year 12 (11,065) (800)
Net current assets 223,170 174,292
Total assets less current liabilities 246,514 204,667
Net assets 246,514 204,667
The funds of the charity
Unrestricted income funds 13 246,514 204,667
Total funds 246,514 204,667

For the year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

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ASSEMBLY OF GOD MINISTRY ALLIANCE Notes to the Financial Statements

For the year ended 31 January 2023

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Companies Act 2006.

ASSEMBLY OF GOD MINISTRY ALLIANCE meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

2. Income from donations and legacies

Unrestricted funds
Donations received
nvestment income
Unrestricted funds
Bank interest receivable		 2023
£
401,676
401,676
2023
£
174
174		 2022
£
279,592
279,592
2022
£
-
-

3. Investment income

4. Expenditure on generating donations and legacies

Unrestricted funds
Donations
Legacies
Subscriptions
Support costs		 2023
£
62,647
87,314
-
14,351
164,312		 2022
£
31,802
79,998
79
2,375
114,254

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ASSEMBLY OF GOD MINISTRY ALLIANCE Notes to the Financial Statements Continued

For the year ended 31 January 2023

5. Expenditure on other trading activities

Unrestricted funds
Fund raising events
osts of charitable activities by fund type
Unrestricted funds
Support costs
osts of charitable activities by activity type
Support costs
Religious activities
nalysis of support costs
Management
Finance
IT
Governance costs		 Religious
activities
Raising
funds
£
£
1,259
11,030
7,497
5,605
5,595
-
-
178,282
14,351
194,917		 2023
£
774
774
2023
£
194,917
2023
£
194,917
2023
£
12,289
13,102
5,595
178,282
209,268		 2022
£
-
-
2022
£
105,180
2022
£
105,180
2022
£
1,194
1,786
123
104,452
107,555

6. Costs of charitable activities by fund type

7. Costs of charitable activities by activity type

8. Analysis of support costs

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ASSEMBLY OF GOD MINISTRY ALLIANCE Notes to the Financial Statements Continued

For the year ended 31 January 2023

9. Net income/(expenditure) for the year

This is stated after charging/(crediting):

This is stated after charging/(crediting):
2023 2022
£ £
Depreciation of owned fixed assets 11,030 7,594
Accountancy fees 1,860 1,380

10. Staff costs and emoluments

Total staff costs for the year ended 31 January 2023 were:

Salaries and wages Social security costs

2023 2022
£ £
58,649 31,802
898 -
59,547 31,802

11. Tangible fixed assets

Cost or valuation
At 01 February 2022
Additions
At 31 January 2023
Depreciation
At 01 February 2022
Charge for year
At 31 January 2023
Net book values
At 31 January 2023
At 31 January 2022		 Plant and
Machinery
£
47,284
-
47,284
18,040
9,434
27,474
19,810
29,244		 Motor
Vehicles
£
4,312
4,000
8,312
3,181
1,597
4,778
3,534
1,131		 Total
£
51,596
4,000
55,596
21,221
11,031
32,252
23,344
30,375

12. Creditors: amounts falling due within one year

Trade creditors
Other creditors		 2023
£
279
10,786
11,065		 2022
£
800
-
800

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ASSEMBLY OF GOD MINISTRY ALLIANCE Notes to the Financial Statements Continued

For the year ended 31 January 2023

13. Movement in funds

Unrestricted Funds

General
General
Unrestricted Funds - Previous year
General
General
Purpose of unrestricted Funds
General
Religious Activities		 Balance at
01/02/2022
£
204,667
204,667
Balance at
01/02/2021
£
144,509
144,509		 Incoming
resources
£
401,850
401,850
Incoming
resources
£
279,592
279,592		 Outgoing
resources
£
(360,003)
(360,003)
Outgoing
resources
£
(219,434)
(219,434)		 Balance at
31/01/2023
£
246,514
246,514
Balance at
31/01/2022
£
204,667
204,667

14. Analysis of net assets between funds

Unrestricted funds
General
General		 Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
23,344
223,170
246,514
23,344
223,170
246,514

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ASSEMBLY OF GOD MINISTRY ALLIANCE Notes to the Financial Statements Continued

For the year ended 31 January 2023

Previous year

Previous year
Tangible Net current Net Assets
fixed assets assets /
(liabilities)
£ £ £
Unrestricted funds
General
General 30,375 174,292 204,667
30,375 174,292 204,667

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ASSEMBLY OF GOD MINISTRY ALLIANCE Detailed Statement of Financial Activities

For the year ended 31 January 2023

INCOME AND ENDOWMENT
Donations and legacies
Donations
Investments
Bank interest receivable
Total incoming resources
EXPENDITURE
Raising donations and legacies
Donations
Legacies
Subscriptions
Other trading activities
Fund raising events costs
SUPPORT COSTS
Management
Management
Management
Finance
Finance
Finance
IT
IT
Governance costs
Governance costs
Total resources expended
Net Income		 £
2023
401,676
401,676
174
174
401,850
(62,647)
(87,314)
-
(149,961)
(774)
(774)
(1,259)
(11,030)
(12,289)
(7,497)
(5,605)
(13,102)
(5,595)
(5,595)
(178,282)
(178,282)
(360,003)
41,847		 £
2022
279,592
279,592
-
-
279,592
(31,802)
(79,998)
(79)
(111,879)
-
-
(1,194)
-
(1,194)
(1,058)
(728)
(1,786)
(123)
(123)
(104,452)
(104,452)
(219,434)
60,158

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This page does not form part of the statutory financial statements