Registered Charity Number :- 1141381
ASSEMBLY OF GOD MINISTRY ALLIANCE a Charitable Incorporated Organisation
## TRUSTEES’ REPORT AND
## FINANCIAL STATEMENTS
FOR THE YEAR END 31 January 2024
**ASSEMBLY OF GOD MINISTRY ALLIANCE 88 Thirlmere Gardens**
**Wembley aliancachurchuk@gmail.com**
**CONTENTS**
## **ASSEMBLY OF GOD MINISTRY ALLIANCE**
FOR THE YEAR ENDED 31 January 2024
TRUSTEES' REPORT ............................................................................................................................................ 3 INDEPENDENT EXAMINER'S REPORT ............................................................................................................ 4 STATEMENT OF FINANCIAL ACTIVITIES ...................................................................................................... 5 BALANCE SHEET ................................................................................................................................................. 6 NOTES TO THE FINANCIAL STATEMENTS .................................................................................................... 7
2
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**TRUSTEES' REPORT**
FOR THE YEAR ENDED 31 January 2024
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:** 88 Thirlmere Gardens Wembley HA9 8RE
## **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
3
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**INDEPENDENT EXAMINER'S REPORT**
FOR THE YEAR ENDED 31 January 2024
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 January 2024.
## **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 SJPR Accountants Ltd 225 Capham Road London SW9 9BE
4
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**STATEMENT OF FINANCIAL ACTIVITIES**
FOR THE YEAR ENDED 31 January 2024
|**Recommended categories by**
**activity**
**Notes**
**Income and endowments**
**from:**
Donations and legacies
2
Investments
3
**Total**
**Expenditure on:**
Raising funds
4
Charitable activities
5
Other
7
**Total**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
**Total Funds 2024**
**£**
**Total Funds 2023**
**£**
498,189.55
498,189.55
401,674.42
200.01
200.01
174.07|
|---|---|
||**498,389.56**
**498,389.56**
**401,848.49**|
||336,420.89
336,420.89
219,923.78
191,021.33
191,021.33
129,047.94
10,855.02
10,855.02
11,030.45|
||**538,297.24**
**538,297.24**
**360,002.17**|
||**(39,907.68)**
**(39,907.68)**
**41,846.32**|
||**(39,907.68)**
**(39,907.68)**
**41,846.32**
246,513.75
246,513.75
204,667.43|
||**206,606.07**
**206,606.07**
**246,513.75**|
5
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**BALANCE SHEET**
FOR THE YEAR ENDED 31 January 2024
|**Recommended categories by**
**activity**
**Notes**
Fixed assets
Tangible assets
8
**Total fixed assets**
Current assets
Debtors
9
Cash at bank and in hand
10
**Total current assets**
Creditors: amounts falling due
within one year
11
**Net current**
**assets/(liabilities)**
**Total net assets or liabilities**
**Funds of the Charity**
Unrestricted funds
12
Restricted income funds
12
Endowment funds
12
**Total funds**|**Unrestricted funds**
**£**
**Total Funds 2024**
**£**
**Total Funds 2023**
**£**
37,811.26
37,811.26
23,344.55|
|---|---|
||**37,811.26**
**37,811.26**
**23,344.55**|
||10,000.00
10,000.00
-
190,121.11
190,121.11
234,234.17
**200,121.11**
**200,121.11**
**234,234.17**
31,326.30
31,326.30
11,064.97
**168,794.81**
**168,794.81**
**223,169.20**|
||**206,606.07**
**206,606.07**
**246,513.75**|
||206,606.07
206,606.07
246,513.75
-
-
-
-|
||**206,606.07**
**206,606.07**
**246,513.75**|
The financial statements were approved by the Board on 29-Oct-2024 and signed on its behalf by:
…………………………………………… Trustee
6
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 January 2024
## **1 Accounting Policies**
## **1.1 Accounting Policies**
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
## **1.2 Basis of preparation**
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
## **1.3 Going concern**
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
## **2 Income from Donations and Legacies**
|**Analysis**
Donation and gifts|**Unrestricted funds**
**Total funds 2024**
**Total funds 2023**
**£**
**£**
**£**
498,189.55
498,189.55
401,674.42|
|---|---|
||498,189.55
498,189.55
401,674.42|
7
**NOTES TO THE FINANCIAL STATEMENTS**
## **ASSEMBLY OF GOD MINISTRY ALLIANCE**
FOR THE YEAR ENDED 31 January 2024
## **3 Income from Investments**
||**Unrestricted funds**|**Total**|**funds**|**2024**|
**Total funds**|**2023**|
|---|---|---|---|---|---|---|
|**Analysis**|||||||
||**£**||**£**||**£**||
|Interest income|200.01|||200.01||174.07|
||200.01|||200.01||174.07|
|**Expenditure on**|**Raising Funds**||||||
||**Total funds 2024**||||**Total funds 2023**||
|**Analysis**|**£**||||**£**||
|Pastoral Services||30,018.01|||26,130.93||
|Staging fundraising
events||12,297.39||||773.80|
|Advertising,|||||||
|marketing, direct mail||13,292.60|||10,378.32||
|and publicity|||||||
|Staff costs|||-|||897.56|
|Rent collection,|||||||
|property repairs and||196,328.90|||116,307.94||
|maintenance charges|||||||
|Support Costs||84,483.99|||65,435.22||
|||336,420.89|||219,923.78||
## **4 Expenditure on Raising Funds**
8
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 January 2024
## **5 Expenditure on Charitable Activities**
|**Analysis**
Conference and events
expenses
Bank charges
Legal/professional fees
Donations
Printing and stationery
Support Costs|**Total funds 2024**
**Total funds 2023**
**£**
**£**
81,368.86
39,242.27
7,781.92
5,604.76
8,950.77
11,562.84
4,633.49
3,998.00
1,042.30
1,344.85
87,243.99
67,295.22|
|---|---|
||191,021.33
129,047.94|
## **6 Support Costs**
|**upport Costs**||
|---|---|
|**Analysis**
Motor and travel expenses
Computer expenses
General insurance
Office/General
Administrative Expenses
Telephone, Fax and Internet
Utility Bills
Wages and salaries
Staff costs
**Governance Costs**
Accountants fees|**Total funds 2024**
**Total funds 2023**
**£**
**£**
48,817.01
37,009.00
6,617.77
5,594.81
1,578.04
1,254.65
35,780.50
20,861.68
761.20
1,258.56
8,673.50
6,242.49
60,844.55
58,649.26
5,895.41
-
2,760.00
1,860.00|
||**171,727.98**
**132,730.45**|
9
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 January 2024
## **7 Other Expenditure**
|**Analysis**
Depreciation Charge
for the Year - Plant
& Machinery
Depreciation Charge
for the Year - Motor
Vehicles|**Unrestricted funds**
**Total funds 2024**
**Total funds 2023**
**£**
**£**
**£**
9,786.42
9,786.42
9,433.80
1,068.60
1,068.60
1,596.65|
|---|---|
||10,855.02
10,855.02
11,030.45|
10
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 January 2024
## **8 Tangible Fixed Assets**
## **8.1 Cost or valuation**
|At 01 February
2023
Additions
Disposals
Revaluations
Transfers
At 31 January
2024|**Plant &**
**Machinery**
**Motor**
**Vehicles**
**£**
**£**
47,284.00
8,312.00
25,321.73
-
-
-
-
-
-
-|
|---|---|
||72,605.73
8,312.00|
## **8.2 Amortisation and impairments**
|At 01 February
2023
Additions
Disposals
Revaluations
Transfers
At 31 January
2024|**Plant &**
**Machinery**
**Motor**
**Vehicles**
**£**
**£**
27,473.80
4,777.65
9,786.42
1,068.60
-
-
-
-
-
-|
|---|---|
||37,260.22
5,846.25|
## **8.3 Net book value**
|**Net book value**||
|---|---|
|At 01 February
2023
At 31 January
2024|**Plant &**
**Machinery**
**Motor**
**Vehicles**
**£**
**£**
19,810.20
3,534.35|
||35,345.51
2,465.75|
11
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 January 2024
## **9 Debtors: Amounts falling due within one year**
||**Total funds 2024**|**Total funds 2023**|
|---|---|---|
||**£**|**£**|
|Prepayments & accrued income|10,000.00|-|
||10,000.00|-|
|**Cash at bank and in hand**|||
||**Total funds 2024**|**Total funds 2023**|
||**£**|**£**|
|Barclays Current Account (6916)|190,121.11|234,234.17|
||190,121.11|234,234.17|
|**Creditors: Amounts falling**|**due within one**|**year**|
||**Total funds 2024**|**Total funds 2023**|
||**£**|**£**|
|Wages & Salaries Control Account|2,448.60|(651.60)|
|Trade creditors|-|278.63|
|Taxation and social security|28,877.70|11,437.94|
||31,326.30|11,064.97|
## **10 Cash at bank and in hand**
## **11 Creditors: Amounts falling due within one year**
12
**ASSEMBLY OF GOD MINISTRY ALLIANCE**
**NOTES TO THE FINANCIAL STATEMENTS**
FOR THE YEAR ENDED 31 January 2024
## **12 Charity funds**
## **12.1 Details of material funds held and movements during the CURRENT reporting period**
||**Fund**|||||**Fund**|
|---|---|---|---|---|---|---|
|**Fund names**|**balances**
**brought**|**Income**|**Expenditure**|**Transfers**|**Gains and**
**losses**|**balances**
**carried**|
||**forward**|||||**forward**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||||
||246,513.75|498,389.56|(538,297.24)|-|-|206,606.07|
|**Total**|246,513.75|498,389.56|(538,297.24)|-|-|206,606.07|
|**12.2 Details of material funds held and movements during**||||**the PREVIOUS reporting period**|||
||**Fund**|||||**Fund**|
|**Fund names**|**balances**
**brought**|**Income**|**Expenditure**|**Transfers**|**Gains and**
**losses**|**balances**
**carried**|
||**forward**|||||**forward**|
||**£**|**£**|**£**|**£**|**£**|**£**|
|**Unrestricted**|||||||
|**funds**|||||||
||204,667.43|401,848.49|(360,002.17)|-|-|246,513.75|
|**Total**|204,667.43|401,848.49|(360,002.17)|-|-|246,513.75|
## **12.3 Transfers between funds**
## **This Year**
||**Amount**||
|---|---|---|
||**£**||
|Between unrestricted and restricted funds||-|
|Between endowment and restricted funds||-|
|Between endowment and unrestricted funds||-|
|**Last Year**|||
||**Amount**||
||**£**||
|Between unrestricted and restricted funds||-|
|Between endowment and restricted funds||-|
|Between endowment and unrestricted funds||-|
## **Last Year**
13