Charity Registration Number .. 1150635
Company Registration Number '. 08056915
KPI MINISTRIES
TRUSTEES. REPORT
AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024

KPI MINISTRIES
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Quophi Kwaning-Boaitey
Rev George Yeboah
1150635
Charity Number
Company Number
Registered Office
08056915
22 Hughes Walk
Croydon
CRO 2TR
Bankers
Lloyds Bank
137 N End
Surrey
CRO ITN
Independent Examiner
Anum Hassan
Accounting Assist Ltd
7 Bell Yard
London
WC2A 2IR

KPI MINISTRIES
CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Tru5tees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statement5

KPI MINISTRIES
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024
Trustees, report and financial statements
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report
with the financial Statements of the charity for the year ended 31 December 2024. 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 Republic of
Ireland IFRS 1021 (effective I january 20191.
Trustees
The trustees, who are also the directors for the purpose of company law. and who Se￿ed during the year and up to
the date of signature of the financial statements were..
Quophi Kwaning-Boaitey
Rev George Yeboah
Trustees, responsibilities Statement
The trustee5. who are also the directors of Charity For Kpi Ministries for the purpose of company law, are responsible
for preparing the Trustees, Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the state of affair5 of the charity and of the incoming resources and application of resources. including the
income and expenditure, of the charitable company for that year.
In preparing these financial statements. the trustees are required to.-
select suitable accounting policies and then apply them consistently..
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent..
state whether applicable UK Accounting Standards have been followed. subject to any material departures
disclosed and explained in the financial statements., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees are ￿spOnSible for keeping adequate accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply vvith the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detertion of fraud and other irregularities.
This report was approved by t
trustee and signed on its behalf by.
Rev George
Trustee
Date 04 September 2025
Page1of8

KPI MINISTRIES
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examiner's Report to the Trustees of Kpi Ministries
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 December
2024 which consists of the statement of fi.nancial activities.balance sheet and the related notes
Responsibilities and basis of report
the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirement5
of the Charities Act 2011 I'the Act'l
I report in respect of my examination of the charity's accounts carried out urbder section 145 of the Act and in
carrying out my examination I have followed all the applicable Directions given by the Charity Commission under
section 14515llbl of the Act.
Independent Examiner's Statement
l am qualified to undertake the examination by being a qualified member of ACCA
I have completed my examination. I confirm that no material matters have come to my attention in connection with
the examination (other than that disclosed below *) which gives me cause to believe that in. any material respect..
the accounting records were not kept in accordance with section 130 of the Charities Act,. or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements conceming the fomi and content of accounts set
out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give
a 'true and fairf 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.
Name.. Anum Has5an
Date.. 04 Septeinber 2025
Page2of8

KPI MINISTRIES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Recommended categories
by actlvlty
Income and endowments
from:
Notes
Unrestricted funds
Total Funds 2024
Total Funds 2023
Donations and legacies
87.484
87,484
97.902
Total
87.484
87.484
97.902
Expenditure on:
Raising funds
39.480
39,480
39.240
Charitable activities
32.692
32.692
25.148
Other
665
665
730
Total
72.837
72.837
65.118
Net incomel(expenditure}
14.647
14.647
32.784
Net movement in funds
14.647
14.647
32,784
Reconclllatlon of funds:
Total funds brought forward
48.950
48.950
16,166
Total funds carried forward
63.597
63,597
48,950
Page3of8

KPI MINISTRIES
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2024
Recommended categorles by
activity
Notes
Total Funds 2024
Total Funds 2023
Fixed assets
Tangible assets
2,659
3.324
Total fixed assets
2.659
3.324
Current assets
Debtor5
17.200
14.144
Cash at bank and in hand
51.537
43,746
Total current assets
68.737
57,890
Creditors.. amounts falling due within
one year
io
7.800
12,264
Net current assetsl(liabilities)
60.937
45.626
Total net assets or liabilities
63.596
48,950
Funds of the Charity
Unrestricted funds
li
63.597
48,950
Restricted income funds
li
Endowment fund5
li
Total fvnds
63.597
48,950
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the
Companies Art 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 ￿qu1￿MentS of the Companies Act 2006 with
respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the trustees on 04 September 2025 and signed on its behalf by..
Rev Geomg Yghnah
Trustee
Date .' 04 septemDer 2025
Page4of8

KPI MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
l. 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.
1.1 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 IFRS 1021- leffective I january 20191- (Charities SORP IFRS
10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act
2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 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 concem basis of
accounting in preparing the accounts.
1.3 Material prior year errors
During the year the trustees identified that debtors had been overstated in the financial statements for the year
ended 31 December 2023. The previously reported debtors balance of £99.500 has been corrected to the true
balance of £14,144, resulting in a reduction of £85,356.
This error has been cOr￿cted by restating the opening fund balances as at l January 2024. Comparative figures for
the prior year have been restated accordingly.
The effect of the adjustment is as follows=
Debtors at 31 December 2023 decreased by £85.356 (from £99.500 to £14,144).
Funds brought forward at I january 2024 decreased by £85.356.
There is no impact on the net movement in funds for the year ended 31 December 2024.
1.4 Income frorn donations or grants
Income from donations and grants is ￿COgnised when the charity is entitled to the funds, the ￿ceipt is probable and
the amount can be measured reliably. For donations. this is usually on receipt. For grants. this is usually when a
formal o'er is made in writing. If a donation or grant contains terms and conditions OLJtside of the charity's control
which must be met before the charity is entitled to the funds. or rf the donor specifi'es that the funds must be used in
future time periods. then the income is deferred.
1.5 Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount
recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the
initial donation unless the donor or the terms of the appeal have specified otherwise.
1.6 Income from charitable activities
Income from charitable activities is recognised over the period to which the income relates. Concert fee5 are
recognised at the date of the event. Membership fees are recognised over the period of the membership. Rent is
recognised over the period to which it relates. Any amounts relating to fvture periods are deferred.
Page5of8

1.7 Expenditure
Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result
of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the
amount can be estimated reliably. It is inclusive of VAT which cannot be ￿Covered.
Direct costs are those costs which directly attribute to its artivities. Wages and salaries are allocated to direct costs
based on an estimate of time spent on charitable activities by staff members.
Support costs include staff costs and are those which do not pmduce a direct output. Staff costs relate to specific
activities and this is reflected in the allocation of payroll costs based on the percentage of time spent.
All costs, including governance costs. a￿ allocated between the expenditure categories of the charity on a basis
designed to reflect the use of the resource. Costs relating to a particular activity are charged directly.. others are
apportioned on an appropriate basis.
Support costs and overheads have been calculated by allocating staff time to the level of involvement in the various
activities of the Charity.
2. Income from Donations and Legacies
Analysls
Unrestrfrted fvnds
Total funds 2024
Total fvnds 2023
Donation and gifts
Gift Aid
81.245
6.239
81.245
6,239
90.877
7,025
87.484
87.484
97.902
3. Expenditure on Raising Funds
Analysis
Total funds 2024
Total funds 2023
Support Costs
39,480
39,240
39.480
39.240
4. Expenditure on Charitable Activities
Total funds 2024
Total funds 2023
Analysis
Interest payable
Bank charges
Donations
Hall Hire
Office Rent
Church Expenses
417
571
729
9.850
8,030
6,590
7.651
2.704
8,180
6.140
6,978
32,692
25,148
5. Support Costs
Total funds 2024
Total funds 2023
Analysls
Pastoral Service5
Governance Costs
37.800
37,800
Govemance Costs
1,680
1,440
39.480
39.240
Page6of8

6. Other Expenditure
Unrestricted funds
Total fund5 2024
Total funds 2023
Analysls
Depreciation Charge for the Year-
Plant & Machinery
665
665
730
665
665
730
7. Tangible Fixed Assets
Plant &
Machlnery
7.1 Cost or valuation
At 01 january 2024
21.429
Additions
Disposals
Revaluations
Transfers
At 31 December 2024
21.429
7.2 Depreclatlon and Impalrnients
At 01 january 2024
Charge for the year
Disp05als
Revaluations
18,105
665
Transfers
At 31 December 2024
18.770
7.3 Net book value
At 01 january 2024
3,324
At 31 December 2024
2,659
8. Debtors: Amounts falling due within one year
Total fund5 2024
Total funds 2023
Trade debtors
17.200
14.144
17.200
14.144
9. Cash at bank and in hand
Total funds 2024
Total funds 2023
Cash at bank and in hand
51.537
43,746
51,537
43,746
Page7of8

10. Creditors: Amounts falling due within one year
Total fund5 2024
Total funds 2023
Trade creditors
7.800
12.264
7.800
12.264
11. Charity funds
11.1 Details of material funds held and movements during the CURRENT reporting
period
Fund
balances
brought
forward
Fund
balances
carried
forward
Income
Expenditure
Gains and
losse5
Fund names
Transfers
Unrestrlrted
funds
48,950
87,484
72,837
48.950
87.484
72.837
11.2 Details of material funds held and movements during the PREVIOUS reporting
period
63,597
63.597
Total
Fund
balances
brought
forward
Fund
balances
carrled
forward
Income
Expenditure
Transfers
Gains and
losses
Fund names
Unrestricted
funds
16.166
16,166
11.3 Transfers between funds
97.902
97,902
65.118
65,118
48.950
48,950
Totsl
This Year
Amount
Between unrestrirted and restricted funds
Between endowment and restricted funds
Between endowment and unrestricted funds
Last Year
Amount
Between unrestricted and restricted funds
Between endowment and ￿strICted funds
Between endowment and unrestricted funds
Page8of8