_Shiloh International_ ## **SHILOH INTERNATIONAL** Charity Number 1152264 ## **TRUSTEES’ REPORT** ## **AND FINANCIAL STATEMENT FOR THE YEAR ENDED** **31[ST] March 2023** 1 _Shiloh International_ ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity Number** 1152264 ## **Registered Office:** Unit 9 Block 1 Dockyard Industrial Estate Woolwich Church Street London SE18 5PQ ## **Trustees** Reuben Chief Guma Reverend Joyous Guma ## **Independent Examiner** ATS Accounts and Tax Advisers Block 2 Unit 5 Dockyard Industrial Estate Woolwich Church Street SE18 5PQ ## **Bankers** Tide Bank 4th Floor The Featherstone Building 66 City Road London, EC1Y 2AL 2 _Shiloh International_ ## **Trustees’ Report** The trustees have pleasure in submitting their annual report, and the financial statements of Shiloh International for the year ending 31[st] March 2023. The trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005. ## **Status** The charity was constituted under a Trust deed dated 24[th] October 2012 as amended on 12[th] May 2013 as amended on 10[th] May 2014 and is registered in England and Wales on the 3[rd] June 2013 with charity number 1152264 ## **Appointment or Election of Trustees** Trustees are appointed and or co-opted under the terms of the trust deed. ## **Policies adopted for the induction and training of new Trustee's** The induction process for a newly appointed trustee comprises an initial meeting with the Chair and other Trustees, followed by short meetings with the Lead Pastor on the powers and responsibilities of the trustees. ## **Organisational structure and decision making** The charity is organised so that the trustees meet regularly to manage its affairs. The Lead Pastor manages the day to day administration of the charity. ## **Related party relationships** Shiloh International is a member of International Ministerial Council of Great Britain (IMCGB) which sets the standards by which independent Churches and their Ministers gain recognition as true Christian Churches and Ministers. IMCGB is an Associate Member of Churches Together in Britain and Ireland (CTBI) 3 _Shiloh International_ ## **Risk management** The trustees have assessed the major risks to which the charity is exposed, in particular those related to operations and finances of the charity, and are satisfied the systems are in place to mitigate our exposures to the major risks. ## **Objects and Activities** The principal objects of the Charity are: 1. To advance of the Christian faith in the UK and globally for the benefit of the public through the holding of prayer meetings, lectures (public celebration of religious festivals) producing or distributing literature, audio and visual images on Christianity designed to provide spiritual guidance. 2. The prevention or relief of poverty anywhere in the world by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient. 3. To advance in life and help young people through: - (a) the provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life; (b) providing support and activities that develop their skills, capacities, and capabilities, to enable them to participate in society as mature and responsible individuals. 4. To establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects. The activities for achieving its objectives include: - Community outreach events - Conferences and events - Welfare support to members and general public, and - Various missionary activities 4 _Shiloh International_ ## **Grant making policy** The charity supports visiting ministers of the Gospel both from within and outside the United Kingdom – Uganda to be precise. The charity also supports other charities and missionaries that share its objects in advancement of Christian faith and relief of poverty within the UK and Africa. The charity gives occasional grants to her members who are in need. ## **Volunteers** The charity benefits from is the tireless contribution of its volunteers who were involved its service delivery. An estimated 5100 hours were given by volunteers during the year which if monetized at a value of £10 per hour would amount to approximately £40,000. ## **Principal funding** Funding has been provided mainly through donations by church members and Gift aid. Special donations are also pledged for specific projects. ## **Future development** The charity will continue to explore various ways of propagating the gospel of Christ in an effective and efficient manner. The charity is also looking to grow its efforts in community outreach for young people, the homeless and those suffering from terminal illness in its bid to make a life changing impact in the community. ## **Statement of Trustees' responsibilities** The charity’s trustees are responsible for preparing the Trustees' Annual Report and financial statements in accordance with applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. 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 judgement and estimates that are reasonable and prudent; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation. 5 _Shiloh International_ The trustees recognise their responsibilities to keep proper 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 with the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The appended financial statements have been prepared on the accruals basis and have been examined by an independent examiner, whose report is also appended. Approve by the Trustees and signed on their behalf by: Trustee 6 _Shiloh International_ ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED** ## **31[st] MARCH 2023 TO THE TRUSTEES OF SHILOH INTERNATIONAL** I report on the accounts of the charity for the year ended 31 March 2023 which are set out on the following pages and have been prepared on the basis of the accounting policies shown in the corresponding. ## **Respective responsibilities of the trustees and the examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 142(2) of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of Charities Act 2011; - follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and - state whether particular 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 Commission. An examination includes a review of the accounting records kept by the 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 fair" view and the report is limited to those matters set out in the statements 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 trustees have not met the requirements to ensure that: - proper accounting records are kept (in accordance with section 4I of the Act); - accounts are prepared which agree with the accounting records and comply with the accounting requirements of Act; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ATS Accounts and Tax Advisers Block 2 Unit 5 Dockyard Industrial Estate Woolwich Church Street London SE18 5PQ Date: 25/10/24 7 _Shiloh International_ ## **SHILOH INTERNATIONAL FINANCIAL ACTIVITIES YEAR-END 2023** ## **Period 01 April 22 – 31 March 23** |**Revenue**
Voluntary Giving
HMRC Gift Aid
Building
Hall Hire Income
HMRC VAT Repay|45,200.65
12,839.13
1,200,00
450.00
6,967.94| |---|---| |**Total Revenue**
**Expenses**
Lead Pastor's Stipend
Liturgy & Church Supplies
Merchant Fees
Stationary, IT Consumables, & Office
Sup
Design, Web Hosting & Domain
Services
Postage & Delivery
Meals & Entertainment
Travel & Subsistence
Professional Fees
Member Training Resources
Dues and Memberships
Books & Reference Materials
Guest Minister's Honoraria
Telephone, Mobile, & Broadband
Banking Charges & Fees
Contracted Labour
Equipment Repair
Equipment Rental
Events Costs
Charitable Donations
Missions
IT & Software
Rent on Building
Electricity
Insurance
Business Rates
Waste Management
Depreciation Equipment|**66,657.22**
17,384.75
2,680.84
840.11
1,315.23
803.58
78.11
574.96
1,109.72
1,500.00
278.89
313.34
694.87
1010.00
955.11
480.00
1600.00
-
-
350.22
824.51
2300.92
342.70
18,069.46
2,977.44
252.60
2,343.96
162.68
4,821.58| |**Total Expenses**
**Net Income**
|**64,037.43**
**2,619.79**| 8 _Shiloh International_ ## **SHILOH INTERNATIONAL BALANCE SHEET FINANCIAL YEAR ENDING MARCH 2023** Period 01 April 22 – 31 March 23 |**ASSETS**
Cash in Hand
Cash @ Bank
Debtors
Inventory
Church Equipment

Office Furniture & Equipment

Leasehold Improvements
Accumulated Depreciation Equipment
|Variance
£
-
350.47
1,440.00
-
16,850.63
5,921.00
7709.73
(16,139.93)| |---|---| |**Total Assets**
|**8,422.90**| |**LIABILITIES & EQUITY**
**Liabilities**
**Creditors**
Credit Cards
Loans
Exchange on Foreign Payables
VAT
Accrued Income Tax Payable
Total Liabilities
**Equity**
Retained Earnings Current Year
Retained Earnings
Previous Year Profits Adjustments
Total Equity|6,009.91
28.68
-
-
-
-
6,038.59
(12,141.42)
(2,619.79)
-
(14,804.18)| |**Total Liabilities & Equity**|**(8,422.90)**| 9 Shiloh Internotionol io