OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

Registered number: 06702046 Charity number: 1152253

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

CONTENTS

Page
Reference and administrative details of the Company, its Trustees and advisers 1
Trustees' report 2 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 17

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023

Trustees

J M Boucher (resigned 15 December 2023)

M J Burgess A P Scott-Evans

Company registered number

06702046

Charity registered number

1152253

Registered office

48 Ian Road Billericay Essex CM12 0JZ

Accountants

Venthams Chartered Accountants Millhouse 32 - 38 East Street Rochford Essex SS4 1DB

Page 1

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees present their annual report together with the financial statements of the Company for the 1 January 2023 to 31 December 2023. The annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Objectives and activities

a. Policies and objectives

The main objective of The Rooftop Ministries is the advancement of the Christian Faith by communicating the good news through evangelism and the teaching and training of Christian Disciples by equipping churches to be more effective in communicating the Christian message to people who have little connection with the church.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Activities undertaken to achieve objectives

To achieve the objectives we host seminars/workshops with local churches or groups of churches, equipping them to communicate the Christian message. We create a variety of materials that are made available to churches to help them become effective. We speak at Christian churches, gatherings and conferences and work in a close networking relationship with national Christian denominations and ecumenical groups. We also support the above activities in an increasing number of locations worldwide, partnering with local team members, overseen by a global leadership team, supported by an international operations team.

c. Volunteers

The company is grateful for the efforts of its volunteers who are involved in day-to-day administration of the company, provide IT and bookkeeping support and help deliver the purposes and activities in diverse locations.

Achievements and performance

a. Main achievements of the Company

Strong links have been built with major Christian denominations & networking organisations, both across the UK and globally, with representation in more than 50 countries.

Our funds for the ministry are received from individual supporters, large national grant making trusts, smaller grant making trusts and church partners.

Page 2

THE ROOFTOP MINISTRIES (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

The charity aims to maintain each reserve at a level to finance 3 months of expenditure.

c. Financial review

The total income for the year was £37,384 (2022: £82,149) and the total expenditure for the year was £57,790 (2022: £83,371).

The unrestricted fund had a surplus of £3,275 at the year end date (2021: £23,741 surplus).

Structure, governance and management

a. Constitution

The Rooftop Ministries is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 18 September 2008, as amended on 26 April 2013.

b. Methods of appointment or election of Trustees

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

The trustees are responsible for setting strategies and policies and for ensuring that these are implemented.

Page 3

THE ROOFTOP MINISTRIES (A Company Limited by Guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Company for the purposes 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 . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

................................................ M J Burgess Director Date:

Page 4

THE ROOFTOP MINISTRIES (A Company Limited by Guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

Independent examiner's report to the Trustees of The Rooftop Ministries ('the Company')

I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

Responsibilities and basis of report

As the Trustees of the Company (and its directors for the purposes of company law) you 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 the Company'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 examiner's statement

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:

  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 accounting 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.

This report is made solely to the Company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees 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 Company and the Company's Trustees as a body, for my work or for this report.

Signed: Dated: 19 September 2024 Stuart Harrison FCA

Venthams Chartered Accountants Millhouse 32 - 38 East Street Rochford Essex SS4 1DB

Page 5

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023

Note
Income from:
Donations and legacies
3
Total income
Expenditure on:
Charitable activities
5
Net expenditure before taxation
Net expenditure
Transfers between funds
11
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2023
£
12,800
12,800
20,121
(7,321)
(7,321)
7,381
60
165
60
225		 Unrestricted
funds
2023
£
24,584
24,584
37,669
(13,085)
(13,085)
(7,381)
(20,466)
23,741
(20,466)
3,275		 Total
funds
2023
£
37,384
37,384
57,790
(20,406)
(20,406)
-
(20,406)
23,906
(20,406)
3,500		 Total
funds
2022
£
82,149
82,149
83,371
(1,222)
(1,222)
-
(1,222)
25,128
(1,222)
23,906

Page 6

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023

Note
Fixed assets
Current assets
Debtors
9
Cash at bank and in hand
Creditors: amounts falling due within one
year
10
Net current assets
Total assets less current liabilities
Total net assets
Charity funds
Restricted funds
11
Unrestricted funds
11
Total funds		 3,671
1,563
5,234
(1,734)		 2023
£
-
3,500
3,500
3,500
225
3,275
3,500		 9,737
16,666
26,403
(2,497)		 2022
£
-
23,906
23,906
23,906
165
23,741
23,906

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

................................................ M J Burgess Trustee Date:

Page 7

THE ROOFTOP MINISTRIES (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. General information

The Rooftop Ministries is a charity limited by guarantee, incorporated in England and Wales. Its registered office is 48 Ian Road, Billericay, Essex, England, CM12 0JZ.

The main objective of the charity is to advance the Christian Faith.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Rooftop Ministries 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.

2.2 Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

2.4 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Page 8

THE ROOFTOP MINISTRIES (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Accounting policies (continued)

2.5 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.6 Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of financial activities as a finance cost.

2.7 Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.8 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Page 9

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

3. Income from donations and legacies

Donations
Donations		 Restricted
funds
2023
Unrestricted
funds
2023
£
£
12,800
24,584
Restricted
funds
2022
Unrestricted
funds
2022
£
£
29,416
52,733		 Total
funds
2023
£
37,384
Total
funds
2022
£
82,149

4. Analysis of grants

Grants to
Institutions
2023
£
Grants, Promotion of the Christian Religion
1,200
Grants to
Institutions
2022
£
Grants, Promotion of the Christian Religion
2,350
The Company has made the following material grants to institutions during the year:
2023
£
Name of institution
Rooftop US Inc.
-
The Girls Brigade
1,200
1,200
1,200		 Total
funds
2023
£
1,200
Total
funds
2022
£
2,350
2022
£
2,350
-
2,350
2,350

Page 10

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

5. Analysis of expenditure on charitable activities

Summary by fund type

Promotion of the Christian Religion
Promotion of the Christian Religion		 Restricted
funds
2023
Unrestricted
funds
2023
£
£
20,121
37,669
Restricted
funds
2022
Unrestricted
funds
2022
£
£
47,738
35,633		 Total
2023
£
57,790
Total
2022
£
83,371

6. Analysis of expenditure by activities

Promotion of the Christian Religion
Promotion of the Christian Religion		 Activities
undertaken
directly
2023
£
54,766
Activities
undertaken
directly
2022
£
79,371		 Grant
funding of
activities
2023
£
1,200
Grant
funding of
activities
2022
£
2,350		 Support
costs
2023
£
1,824
Support
costs
2022
£
1,650		 Total
funds
2023
£
57,790
Total
funds
2022
£
83,371

Page 11

THE ROOFTOP MINISTRIES (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

6. Analysis of expenditure by activities (continued)

Analysis of direct costs

Africa Pioneers
Consultancy
Travel and subsistence
Computer costs and academy website production
Postage and stationery
Administration
Africa Pioneers
International transfers and payments for support costs
Consultancy
Travel and subsistence
Computer costs and academy website production
Postage and stationery
Administration		 Promotion
of the
Christian
Religion
2023
£
60
44,717
7,636
2,060
97
196
54,766
Promotion of
the Christian
Religion
2022
£
1,021
2,792
51,451
21,069
2,595
400
43
79,371		 Total
funds
2023
£
60
44,717
7,636
2,060
97
196
54,766
Total
funds
2022
£
1,021
2,792
51,451
21,069
2,595
400
43
79,371

Analysis of support costs

Promotion
of the
Christian Total
Religion funds
2023 2023
£ £
Accountancy 1,824 1,824

Page 12

THE ROOFTOP MINISTRIES (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

6. Analysis of expenditure by activities (continued) Analysis of support costs (continued)

Accountancy
7.
Independent examiner's remuneration
Fees payable to the Company's independent examiner for the independent
examination of the Company's annual accounts		 Promotion of
the Christian
Religion
2022
£
1,650
2023
£
1,734		 Total
funds
2022
£
1,650
2022
£
1,650

8. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2022 - £NIL) .

During the year ended 31 December 2023, no Trustee expenses have been incurred (2022 - £NIL) .

9. Debtors

Due within one year
Prepayments and accrued income		 2023
£
3,671
3,671		 2022
£
9,737
9,737

Page 13

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

10. Creditors: Amounts falling due within one year

Bank overdrafts
Accruals and deferred income		 2023
£
-
1,734
1,734		 2022
£
847
1,650
2,497

Page 14

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

11. Statement of funds

Statement of funds - current year

Unrestricted funds
General Fund
Restricted funds
Dennis Pethers Support Fund
Ben Tucker Support Fund
Pioneer Fund
Pigs Might Fly Fund
Total of funds		 Balance at 1
January
2023
£
23,741
-
50
-
115
165
23,906		 Income
£
24,584
12,680
-
120
-
12,800
37,384		 Expenditure
£
(37,669)
(20,061)
-
(60)
-
(20,121)
(57,790)		 Transfers
in/out
£
(7,381)
7,381
-
-
-
7,381
-		 Balance at
31
December
2023
£
3,275
-
50
60
115
225
3,500

Page 15

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

11. Statement of funds (continued)

Statement of funds - prior year

Balance at
1 January
2022
£
Unrestricted funds
General Fund
15,940
Restricted funds
Dennis Pethers Support Fund
-
Ben Tucker Support Fund
50
Pioneer Fund
5,390
Pigs Might Fly Fund
115
Global Encounter Fund
3,633
9,188
Total of funds
25,128
12.
Summary of funds
Summary of funds - current year
Balance at 1
January
2023
£
General funds
23,741
Restricted funds
165
23,906		 Income
£
52,733
29,296
-
120
-
-
29,416
82,149
Income
£
24,584
12,800
37,384		 Expenditure
£
(35,633)
(37,251)
-
(6,163)
-
(4,324)
(47,738)
(83,371)
Expenditure
£
(37,669)
(20,121)
(57,790)		 Transfers
in/out
£
(9,299)
7,955
-
653
-
691
9,299
-
Transfers
in/out
£
(7,381)
7,381
-		 Balance at
31
December
2022
£
23,741
-
50
-
115
-
165
23,906
Balance at
31
December
2023
£
3,275
225
3,500

Page 16

THE ROOFTOP MINISTRIES

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

12. Summary of funds (continued)

Summary of funds - prior year

General funds
Restricted funds		 Balance at
1 January
2022
£
15,940
9,188
25,128		 Income
£
52,733
29,416
82,149		 Expenditure
£
(35,633)
(47,738)
(83,371)		 Transfers
in/out
£
(9,299)
9,299
-		 Balance at
31
December
2022
£
23,741
165
23,906

13. Analysis of net assets between funds

Analysis of net assets between funds - current year

Current assets
Creditors due within one year
Total
Analysis of net assets between funds - prior year
Current assets
Creditors due within one year
Total		 Restricted
funds
2023
Unrestricted
funds
2023
£
£
225
5,009
-
(1,734)
225
3,275
Restricted
funds
2022
Unrestricted
funds
2022
£
£
165
26,238
-
(2,497)
165
23,741		 Total
funds
2023
£
5,234
(1,734)
3,500
Total
funds
2022
£
26,403
(2,497)
23,906

14. Related party transactions

During the year trustees and related parties gave a total of 1,740 (2022: £3,340) in donations to the charity.

Page 17