## **ARK MISSION (HOUSE OF PRAYER) Charity No. 1152047** ## **ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER, 2023** The trustees present their annual reports and independently examined financial statements for the year ended 31st December, 2023. The trustees confirm that the reports and the financial statement comply fully with the Charities Act 1993, as amended by the charities act 2006, the church constitution and the charities SORP 2005. The church's constitution is her approved governing document. This document states clearly that the sole aim of our charity is to advance and promote the Christian faith mainly in the United Kingdom. We are located in a 500 seating capacity building formerly known as the Star fitness Gym or Star Cinema Buildings. We acquired this building on a leasehold basis for a period of ten years starting from the beginning of 2012. ## **Star Cinema Buildings, Glenthorpe Crescent, LS9 7QP, Leeds.** **Trustees Name Office Held Dates Acted Appointing Body** Richard Agbenaza Senior Pastor Whole Year Board of Trustees Agunsoye Adegoke Chief Elder Whole Year Board of Trustees ## **Type of Advisers Name Address** Bankers NatWest 8 Park Row, LS1 5HD, Leeds ## **Organisational Structure:** All trustees are appointed and removed at the beginning of the year by the existing trustees at their first meeting for that year subject to the approval of the board of elders. The trustees have the overall responsibility for the management of the affairs of the church. These responsibilities are further delegated to leadership teams appointed by the trustees to manage the various departments of the church. We have Pastoral, Teaching, Praise & Worship, Outreach & Missions, Youth, Children, Hospitality , Finance, Men, Women etc leadership teams to manage all the departments that caters for all the activities we have outlined to achieve our objectives. All major decisions regarding spiritual matters are taken at the Board of Elders meeting which can be convened at the request of at least half of their members. The Board of Elders are elected by the entire membership of the church to oversee spiritual matters and mediations. Matters involving administrative management and other legal matters are handled by the trustees. Routine decision are taken by the team leaders for each department. The Senior Pastor who is also a trustee, is responsible for the day to day running of the church. His duties includes planning, organising and coordinating the daily and weekly activities of the church. His role essentially involves the creation of a monthly rota detailing all daily and weekly activities for that month and ensuring that all departmental team leaders know what their departments are doing in that month ## **Objectives and Activities:** Throughout the year our activities have been guided by our commitment to fulfil the objective of advancing the Christian faith for the benefit of the United Kingdom public. This objective is clearly stated as the sole purpose of our charity in our approved governing documents. Our key this year goal is to serve our members as well as reaching out to the general public in order to make new members. The trustees planned and provided the following activities during the year having regard to the Commission's specific guidance on charities advancing religion. 1. A place of worship which is opened daily between 10am - 5pm to the general public, with a minister available who can be seen on request without prior appointment. 2. Counselling and referral services for our members and the general public on matters ranging from marriage, debt, religion, lawlessness, drug issues etc 3. Conduct Bible lessons or teaching for groups and the general public 4. Hold and teach the practice of faith healing to the public 5. Serve tea & coffee daily free of charge to the public who attend the daily services. 6. Hold weekly intercessory prayers for the peace, security and prosperity of the United Kingdom. 7. Conduct outreach activities as and when possible. This is a way of reaching the larger public and advertising our mission and faith. 8. Provides the following pastoral services at no charge; Naming ceremonies, organising retreats, conducting funeral services, water baptism, wedding services, hospital visitations, home visitations etc ## **Achievements and Performance** Our activities have returned fully to pre pandemic levels. The church is now focusing on its core activities of advancing the Christian faith in the United Kingdom. Our numbers are increasing and our church planting efforts are also yielding fruits. The missionary arm of the church is becoming more and more vibrant especially for the year under review. The church in Bradford acquired a bigger space due to increasing numbers. ## **Financial Review** The year under review saw a good increase in our takings, because we have returned fully to in person service . Though, we hold a good balance as of the end of the period, 80% of this amount is not available for the day to day running of the organisation and represents the building fund set aside as a seed money. There is no significant financial risk associated with running the church. However, all risk have been assessed and policies have been put in place to mitigate and avert all risk. ## **Conclusion** We want to take this opportunity to thank all the ministers, partners, members and the general public for all their support and contribution during this difficult year. Next year we hope to do more to realise our goals in providing more benefits to the public as the pandemic is put to rest. Rev. Richard Agbenaza (Snr. Pastor) 45 Martingale Drive, LS10 4TB, Leeds. ## **ARK MISSION (HOUSE OF PRAYER) CHARITY NUMBER 1152047 RECEIPT AND PAYMENT ACCOUNTS FOR THE YEAR ENDED 31/12/2023** |**DETAILS**||**UNRESTRICTED**| |---|---|---| |||**FUNDS 2023**| |**RECEIPTS**||| |Total Receipts from all Churches|**Notes(1)**|**171,060.00**| |**PAYMENTS**||| |Rent & Venue Hirings|**Notes (2)**|30,000.00| |Utility Bills|**Notes (3)**|13,650.00| |Instrumentalist Fees|**Notes (4)**|10,700.00| |Video Equipment & Expenses||2,500.00| |Audio Equipment (Incuding repairs)||4,500.00| |Computers & Repairs||1,600.00| |Heaters, Fans & Aircons (including Repairs)||280.00| |Printing||1,350.00| |Furniture & Fittings||1,600.00| |Travelling & Transport|**Notes(5)**|4,400.00| |Professional Fees (Including payment to guest ministers)||9,000.00| |Repair Works/Maintenance (Buildings)||4,000.00| |Cleaning Equipment & Expenses||2,450.00| |Sanctuary Equipment & Expenses||2,010.00| |Stationery, Teaching Materials, Bibles etc||2,800.00| |Office Equipment||2,500.00| |Registration, Renewal, Subscriptions etc||3,100.00| |Painting & Decorations||1,500.00| |Donations to Other Churches, Charities & Tithes||7,500.00| |Hotel & Lodging||1,400.00| |Missions||8,200.00| |Welfare|**Notes(6)**|16,800.00| |Refreshments||3,000.00| |Television Adverts,, Social Media etc exp||1,500.00| |Allowances & Remunerations|**Notes(7)**|26,000.00| |**Total Payments**||**162,340.00**| |**Excess of Receipts Over Payments**||**8,720.00**| Rev. Richard Agbenaza (Snr Pastor) Ark Mission ## **ARK MISSION (HOUSE OF PRAYER) CHARITY NUMBER 1152047** ## **STATEMENT OF ASSET AND LIABILITIES** |**Details**|**Amounts**| |---|---| |Bank and Cash Balance as at 31/12/2023|90,562.00| |Ford Transit Van|3,850.00| |Other Assets|8,610.00| ## **THE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND MEMBERS OF ARK MISSION.** I report on the financial Statements of the charity for the year ended 31st December 2023. ## **THE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The charity's trustees are responsible for the preparation of the financial statements. The charity’s trustee considers that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: 1. Examine the financial statements under section 145 of the 2011 Act; 2. Follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 3. State whether particular matters have come to my attention This report, including my statement, has been prepared for and only for the charity's trustee as a body. My work has been undertaken so that I might state to the charity's trustee those matters I 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 trustee as a body for my examination work, for this report, or for the statements I have made. ## **BASIS OF INDEPENDENT EXAMINER'S REPORT** My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison with the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanation 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 financial statements presents a "true and fair 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: 1. Which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. James Laryeh (MSc) St Mark's Residence, St Mark's Street, Woodhouse, Leeds. LS2 9EL