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 1 of 10 ## 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 3. 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 2 of 10 ## 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**| 3 of 10 ## 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance - with section 476, - The trustees 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. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: 4 of 10 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**| 5 of 10 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** 6 of 10 ## 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**| 7 of 10 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**| 8 of 10 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**| 9 of 10 ## 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**| 10 of 10 This page does not form part of the statutory financial statements