2020-12-31-accounts

KINGDOM CULTURE MOVEMENT

(Registered Charity, No. 1153874)

FINANCIAL STATEMENTS for the year ended 31 DECEMBER 2020

Contents Page Trustees' Report 2-3 Independent Examiner's report 4 Statement of Financial activities 5 Balance Sheet 6 Notes to the accounts 7

KINGDOM CULTURE MOVEMENT Trustees' Report

Trustees

Pastor Olumide Pablo Shepherds Miss Namunji Mapesa Miss Dorinda Ahenkan Miss Natalia Beckford

Principal Address Independent Examiner 12, 21 Macgill Drive, Oghale Efole Edinburgh 11 Waldstock Road EH4 4FD London

SE28 8SF

Bank

HSBC Bank 2 Fargate Sheffield S1 2HE

Aims and Organisation

The principle activities of the charity are:

1. Providing regular public worship for all

2. Promoting & Teaching the Christian faith to all ages

3. Providing training, nurture and activities for children and young people

4. Serving the community

5. Giving pastoral care and support to members and others in need, particularly those in sickness, distress or poverty

6. Providing premises and resources for community groups and activities.

7. To provide hospitality to visiting Christian Ministers.

8. Working in co-operation with other Christian Churches and organisations and supporting persons, organizations, projects & events with similar Christian aims and objectives.

Kingdom Culture Movement is registered as a charity in England, (Reg no: 1153874), on 19 September 2013.

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KINGDOM CULTURE MOVEMENT Trustees' Report Continued

Trustees Responsibilities for the Financial Statements

The trustees are responsible for preparing financial statements for each financial period which give a true and fair view of the state of affairs of the group and of the surplus or deficit of the group for that period. In preparing those financial statements,

The trustees are required to:

• ❑ select suitable accounting policies and apply them consistently;

• ❑ make judgements and estimates that are reasonable and prudent.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the group and enable the trustees to prepare financial statements. The trustees are responsible for safeguarding the assets of the group and hence for taking reasonable steps for the prevention of fraud and other irregularities.

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KINGDOM CULTURE MOVEMENT

Independent examiner's report on the accounts of Kingdom Culture Movement for the year ended 31 December 2020

The following is a report on the accounts set out on pages 5 to 7.

Respective Responsibilities of the Trustees and the Examiner

As the trustees you are responsible for the preparation of the accounts. It is my responsibility to state whether matters have come to my attention.

Basis of Independent Examiner's Report

The examination included a review of the accounting records kept by the group 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 I do not express an audit opinion on the view given by the accounts.

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 appropriate accounting records

❑ to prepare accounts which accord with the accounting records

have not been met; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Oghale Efole

Date: 30/10/2021 11 Waldstock Road London SE28 8SF

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KINGDOM CULTURE MOVEMENT Statement of Financial Activities for the year ended 31 December 2020 Notes Total 2020 2019 Incoming Resources Tithes & Offerings 63,377 88,052 Building Fund 55 0 KB Partnership 3,152 6,545 Gift Aid 8,239 Designated 1,614 0 Facilities Hire 22,360 23,880 Other 0 0	KINGDOM CULTURE MOVEMENT Statement of Financial Activities for the year ended 31 December 2020 Notes Total 2020 2019 Incoming Resources Tithes & Offerings 63,377 88,052 Building Fund 55 0 KB Partnership 3,152 6,545 Gift Aid 8,239 Designated 1,614 0 Facilities Hire 22,360 23,880 Other 0 0
	TOTAL 98,797 118,477
	Expended Resources Tithes & Ministry Seeds 4,669 8,650 Individual Charitable Welfare 211 4,750 Kenyan Orphanage 4,524 9,725 Rent & Venue Hire 31,185 42,990 Building Expenses 650 1,750 Advertising & Promotion 750 2,050 Utilities & Waste Disposal 1,226 4,050 Telephone & BB 3,033 1,752 Building Insurance 594 540 Stationary & Office Supplies 450 825 Children's Church 350 1,200 Ushering & Protocol Expenses 200 700 Music, Media & Technical Equipment 19,475 1,750 Technical & Media Expenses 910 1,752 Furniture & Fittings 1,450 650 Computing & IT Equipment 950 1,010 Payroll – Salary & Wages 16,393 19,750 Vehicle – Expenses 257 0 Travel & Logistics 3,099 4,050 Cleaning Supplies 0 350 Hospitality 961 650 Honorarium 840 850 Bank & Service Charges 1,272 0 Training & Development 900 105 Storage 0 350 Miscellaneous Expenses 61 0

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TOTAL	94,410	110,249
Net (Outgoing)/Incoming Resources	4,387	8,228
Total Funds Brought Forward	9,620	1,392
Total Funds Carried Forward	14,007	9,620
Balance Sheet as at 31 December 2020
	2020	2019
	Note £
Current Assets
Balance at bank and cash	14,007	9,620
Total Current Assets	14,007	9,620
Creditors: amounts falling due within one
year	0	0
Net current assets/(liabilities)	9,620	9,620
Total Assets less Current Liabilities	14,007	9,620
Creditors: amounts falling due after one
year	0	0
Total Net Assets	14,007	9,620
Represented By
Unrestricted Income Fund	14,007	9,620

Signed on behalf of Trustees

Chief Executive

Dated: 29/10/2021

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KINGDOM CULTURE MOVEMENT

Notes to the accounts for the year ended 31 December 2020

1. Accounting Policies

(a) General

These accounts have been prepared in accordance with applicable accounting standards and with the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 ("SORP 2015")

(b) Donations and fund accounting

Donations received for the general purposes of the charity are included as unrestricted funds

(c) Resources expended

Expenditure is included on an accruals basis.

(d) Unrestricted funds are donations and other income receivable or generated for the objects of the organisation without further specified purpose and are available as general funds.

2. Staff costs and Remuneration

These include payment for the following:

£

Senior Minister 9,689 Musicians 6,704

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