KINGDOM FAMILY CHURCH INTERNATIONAL ANNUAL RETURN FOR YEAR END 31ST MARCH 2024. CHARITY NUMBER . 1143716 Additional Value KINGDOM FAMILY CHURCH INTERNATIONAL CONTENTS PAGE Legal and administrative information Report of the trustees Independent Examinerfs report Statement of financial activities Balance sheet io Notes to the financial statements 11-14 Income and Expenditure account 15 Additional Value KINGDOM FAMILY CHURCH INTERNATIONAL Legal and administrative information Trustees Rev. Bright Brobbcy Daniel Sefa Frank Obiri Peseu Victoria Oteng Augustina Brobbey Chairperson. Registered Address 3 Ridgewood Avenue, Manchester, M40 8GF CHARITY REGISTION NUMBER .. 1143716 Independent Examiners Solomon Allistar {MAATI 54 Carriocca Business Park, Hellidon Close, Ardwick, Manchester, M12 4AH Bankers BARCLAYS BANK Additional Value KINGDOM FAMILY CHURCH INTERNATIONAL Report of the Trustees for the Year Ended 31st March 2024 The trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 March 2024. Structure, Governance and Management Objectives and Activities The objects of the Kingdom Family Church International are to advance the Christian faith in accordance with the statement of beliefs in such ways and in such parts in the United Kingdom or the World as the trustees from time to time may think fit. Christian Counsellingi Advice, and Information In propagating the name of our Lord Jesus Christ, the charity engaged in evangelism, prayer sessions, spiritual counselling, advice, and information to the public during regular weekly services, Financial assistance for charitable objects The charity donated generously to many individuals in need, such as destitute, the disabled and the sick in our society. We also rendered financial support to various organisations in support of their own humanitarian and charitable activities Other Charitable activities Other charitable activities include spreading the Word of God among all nations and announcing the good news of the Kingdom of God to the poor in spirit. This was done through our Spiritual Worships which are open to the general public, revivals, healings, and evangelism which are conducted to stimulate spiritual awareness among the people, seminars and symposia which are organised for people to know and understand more about the Word of God Financial Sources The church income comes mainly from the weekly tithes and church building funds, other church contributions such as thanksgiving, annual conference, travel, and music funds. Additional Value Statement of Trustees, responsibilities The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of Trustees have: Selected suitable accounting policies and applied them consistently. Made judgments and estimate5 that are reasonable and prudent, Stated whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements; and Prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Charity will continue in operation). The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial information. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Statement of disclosure of information to independent examiner Additional Value KINGDOM FAMILY CHURCH INTERNATIONAL Report of the Trustees for the Ye•r Ended 31st March 2024 We, as theTrnsteesof the tharlty Ththo held offlt• •t the dbte ol approv￿ ot t￿$+ fln•ndal st•teM￿ts •1 set out on p•ee 2 *•th conllrn), so f•r as we •r• •w4r*, th•t: Thffe Is no rele¥4nt infomiatlon of whlch the Ch•rity's Irrfl*p•ndent ex•mlMr •r• un•w•re: pnd we have taken all the Steps that wt ouKht to h•ve tsken as Trustms In ¢)Tder to make ourselves avrnreof •ny relevant inf0m1￿10n and to establlsh thatthè ch•rlVs lndèp*￿ertt exarr#I￿ is aware ofthat informatio The th•rlty's Independent eumln•r. Solomon Alllrtw IMAIT) ofSAI BUSINESS SUPPORT LTD h•$ Indic•t•d thoir v•rylli￿nOsS to contlnue In offic• and 0ffwtheMse￿1•S for •ppointmenL This report approved bythe Trustee5 on and si8ned ontheir behalf by: 24/01/2024 Rev. 8rlght 8robbèv KINGDOM FAMILY CHURCH INTERNATIONAL Independent Examinerfs Report for the Year Ended 31st March 2024 I report on the financial statements of the charity for the year ended 31 March 2024 which comprise the Statement of Financial Activities and Balance Sheet with associate notes. This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my examination work. Respective Responsibilities of Trustees and Examiner The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144{2) of the Charities Act 2011 (the Act) and that an independent examination is needed. It is my responsibility to: Examine the accounts (under Section 145 of the Charities Act). To follow the procedures laid down in the General Directions given by the Charity Commissioners {under Section 14515llbl of the Charities Act); and To state whether matters have come to my attention. Basis of Independent Examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Group/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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view, and the report is limited to those matters set out in the statement below. Independent Examiner's statement In connection with my examination, no matter has come to my attention: Additional Value l) which gives me reasonable cause to believe that in any material respett the requirements: to keep accounting records in accordano with sertion 130 of the Art; and to prepare financial Statements which accord with the accounting records and comply with the accounting requirements of the Act have not been met; or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Signed: SOLOMON ALLISTAR IMAAn C)XtIESS S(/Ao) Acjditjonal Vak KINGDOM FAMILY CHURCH INTERNATIONAL Statement of financial activities for the year ended 31st March 2024. Unrestricted Restricted Total Funds Total Funds 2024 2024 2024 2023 Notes Incoming Resources General offerings Gift Aid li 25J76.31 25.37631 27.166.44 Grants li Total Incoming Resources 25J76.31 25.376Jl 27,166.44 Resources expended Direct charitable expenditure Governanee costs li 33.557.80 180.00 33,557.80 180.00 21,188.05 180.00 Total resources expended 33,737.80 33,737.80 21,008.05 Movement in total fund for the year- Net income I (expenditure) for the year (8,361.49) 5.978.39 Net Receipts (Payments) Cash Funds blf {8,361.49) 10,495.68 5,978.39 12,264.26 Fund Bal blf 10,495.68 18,242.65 Fund Bal clf 18,242.65 Additional Value KINGDOM FAMILY CHURCH INTERNATIONAL Balance sheet as of 31st March 2024. 2024 2024 2024 2023 Notes FIXED ASSETS Tangible assets 12 2*57.46 2,857.46 2,972.82 CURRENT ASSETS Debtors 13 Cash at banklin hand 10.495.68 10.495.68 18,242.65 CREDITORS aTnounts falling due within one year 180.00 180.00 150.00 NET CURRENT ASSETS IOJ15.68 10,315.68 18,092.65 TOTAL ASSETS LESS CURRENT LIABILITES 13,173.13 14,884.26 21,065.47 CREDITORS amounts falling due more than year 13 (0.00) {o.00) 0.00 NET ASSETS 13.173.13 21,065.47 CHARITY FUNDS Unrestricted funds 13,173.13 21,065.47 TOTAL FUNDS 13,173.13 21,065.47 Additional Value KINGDOM FAMILY CHURCH INTERNATIONAL Notes to the Financial Statement for the Year Ended 31st March 2024 l. Accounting policies The principal accounting policies are set out below. The accounting policies have been adopted consistently throughout the year. a) Basis of accounting The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets, and are in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005 and the Financial Reporting Standard for Smaller Entities (effective April 2008). b) Incoming resources from generated funds Incoming resources from generated funds represents donations towards weekly tithes, church building fund, thanksgiving. annual conference, travel and other contributions c) Incoming resources. Interest receivable Interest is credited in the year in which it is received. d) Resources expended Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and perfonnance related grants are recognised as services are supplied. Other grant payments are recognised when a constructiv¢ obligation ari%e8 that re.%ults in the payment being unavoidable. Costs of generating funds are those costs incurred in attracting voluntary income, and thos¢ incutr¢d in activities that raise funds. Grants payable are payments made to third parties in the furtherance of the charitable objectives of the Trust. Single or multi-year ￿antS are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching to the grant is outside of the control of the Trust. Provisions for grants are made when the intention to make a grant has been Additional Value communicated to th¢ rccipient but therc is uncertainty about either the timing of the grant or the amount of ￿ant payable. Governance costs include those inC￿ed in the governance of its assets and are primarily associated with constitutional and statutory requirements. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the usc of resources. Depreciation Depreciation is calculated at rates estimated to write off the cost of all tangible fixed assets ovcr their Cxpected useful lives: Equipment, Fixtures and Fitting: 200/0 During the year under review, the church decided to continue to separate its equipment from its furniture fixtures and fittings. A depreciation rate of 20 % was applied on each category on a reducing balance basis. e) Fund structure The principal accounting policies are set out below. The accounting policies have been adopted consistently throughout the year. The funds held by the charity are either: Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees. Designated funds - these are funds earniarked by the trustees out of unrestrictcd general funds for specific ￿tUre purposes or projects. Restricted fLmds - these are funds that can only be used for restricted purposes within the objects of the charity. Restrictions aris¢ when specificd by the donor or when funds are raised for restricted purposes. Endowment funds - these are funds that represent assets which must be held pernianently by the charity. Income arising on the endowment fund can be used in accordance with the objects of the charity and is Includ￿ in unrcstrictcd income. Any capital gains or losses arising on the investments fomj part of the fund. Investment management charges and legal advice relating to the fund are charged against the fund. D VAT The charity is not registered for VAT and accordingly expenditure includes VAT were appropriate. 2 Income resources Income comprises of donations and tithes Additional Value 3 Employee information None of the trustees received any remuneration or reimbursement of expenses during the year. 4 Net income resources This is stated after charging 2024 2023 POST Dcprcciation 2,857.46 2,972.82 5 Taxation The charity is exempt from corporation tax on its charity. 6 Tangible fixed assets Equipment Fixtures and fittings Total Cost: At l April 2023 Additions 2,972.82 599.00 2,972.82 599.00 At 31 March 2024 3,571.82 3,571.82 Depreciation At l April 2023 Provision for year At 31 March 2024 714.36 714.36 714.36 714.36 NET BOOK VALUE 2,857.46 2,857.46 7 Debtors 2024 2023 Additional Value Prepayment and loans 8 Creditors: amounts falling due more than one year 2024 2023 Other Creditors 8 Creditors: amounts falling due within one year 2024 2023 Other Creditors 180.00 180.00 Additional Value KINGDOM FAMILY CHURCH INTERNATIONAL INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31 MARCH 2024 INCOME Voluntary Donations Gift aid Grants 25,376.31 0.00 0.00 Total income 25,376.31 EXPENSES Admin 488.35 Utilities 623.63 696.95 Stationaries Rent 3,560.00 269.24 Media Services Travel 1,135.03 499.37 6,612.68 1,084.11 7,536.79 484.15 3,903.73 2,500.00 125.00 250.00 3,788.77 180.00 Refreshment Welfare Purchases Charity donations Subscriptions Church Events Mission cost Telephone Accounting Equipment Compliance Total Expenses 33,737.80 Additional Value Surplus (8,361.49) Additional Value