Charity number: 1154265
CHRIST KINGDOM MINISTRY
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2023
CHRIST KINGDOM MINISTRY Contents Page For the year ended 31 March 2023
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 8 |
| Detailed Statement of Financial Activities | 9 |
CHRIST KINGDOM MINISTRY Report of the Trustees
For the year ended 31 March 2023
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2023. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity CHRIST KINGDOM MINISTRY Charity registration number 1154265 Principal address 194 Nether Street Finchley London London N3 1PE
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mr Fredrick Amanfu Mr George Johnson Mr Tony Sarpong Mr Tula Baafour Gyewu Ms Patricia Osei Independent examiners Marc Three Accountants 125 Sunnymead Avenue Gillingham Kent ME7 2EB
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 17 January 2024 Mr Tony Sarpong
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CHRIST KINGDOM MINISTRY Independent Examiners Report to the Trustees
For the year ended 31 March 2023
I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners 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 that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Marc Three Accountancy Chartered Certified Accountants Marc Three Accountants 125 Sunnymead Avenue Gillingham Kent ME7 2EB
17 January 2024
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CHRIST KINGDOM MINISTRY Statement of Financial Activities For the year ended 31 March 2023
| Notes | Unrestricted | 2022 | |
|---|---|---|---|
| funds | |||
| £ | £ | ||
| Income and endowments from: | |||
| Donations and legacies | 2 | 148,402 | 117,062 |
| Other income | 3 | 90,957 | 70,888 |
| Total | 239,359 | 187,950 | |
| Expenditure on: | |||
| Raising funds | 4 | (175,925) | (181,996) |
| Total | (175,925) | (181,996) | |
| Net income | 63,434 | 5,954 | |
| Reconciliation of funds | |||
| Total funds brought forward | 13,052 | 7,088 | |
| Total funds carried forward | 76,486 | 13,042 |
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CHRIST KINGDOM MINISTRY Statement of Financial Position As at 31 March 2023
| Notes | 2023 | 2022 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 9 | 43,982 | - |
| 43,982 | - | ||
| Current assets | |||
| Cash at bank and in hand | 33,104 | 13,642 | |
| 33,104 | 13,642 | ||
| Creditors: amounts falling due within one year | 10 | (600) | (600) |
| Net current assets | 32,504 | 13,042 | |
| Total assets less current liabilities | 76,486 | 13,042 | |
| Net assets | 76,486 | 13,042 | |
| The funds of the charity | |||
| Unrestricted income funds | 11 | 76,486 | 13,042 |
| Total funds | 76,486 | 13,042 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr Tony Sarpong Trustee
17 January 2024
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CHRIST KINGDOM MINISTRY Notes to the Financial Statements
For the year ended 31 March 2023
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
CHRIST KINGDOM MINISTRY 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 note(s).
2. Income from donations and legacies
| Unrestricted funds Donations received ther income Unrestricted funds Offering Gift Aid xpenditure on generating donations and legacies Unrestricted funds Donations Support costs |
2023 £ 148,402 148,402 2023 £ 47,872 43,085 90,957 2023 £ 74,768 101,157 175,925 |
2022 £ 117,062 |
|---|---|---|
| 117,062 | ||
| 2022 £ 39,020 31,868 |
||
| 70,888 | ||
| 2022 £ 92,512 89,484 |
||
| 181,996 |
3. Other income
4. Expenditure on generating donations and legacies
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CHRIST KINGDOM MINISTRY Notes to the Financial Statements Continued
For the year ended 31 March 2023
5. Analysis of support costs
| Voluntary Income Management IT & Equipment Church Activities & Ministries Governance costs et income/(expenditure) for the year This is stated after charging/(crediting): Depreciation of owned fixed assets articulars of employees Volunteers |
2023 £ 10,995 - 90,162 - 101,157 2023 £ 10,995 2023 0 0 |
2022 £ - 38,907 49,977 600 |
|---|---|---|
| 89,484 | ||
| 2022 £ - |
||
| 2022 0 |
||
| 0 |
6. Net income/(expenditure) for the year
7. Particulars of employees
8. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
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CHRIST KINGDOM MINISTRY Notes to the Financial Statements Continued
For the year ended 31 March 2023
9. Tangible fixed assets
| Cost or valuation Additions At 31 March 2023 Depreciation Charge for year At 31 March 2023 Net book values At 31 March 2023 |
Computer Equipment £ 54,977 |
|---|---|
| 54,977 | |
| 10,995 | |
| 10,995 | |
| 43,982 |
10. Creditors: amounts falling due within one year
| Other creditors | 2023 £ 600 600 |
2022 £ 600 |
|---|---|---|
| 600 |
11. Movement in funds
| Unrestricted Funds General General Unrestricted Funds - Previous year General General |
Balance at 01/04/2022 £ 13,052 13,052 Balance at 01/04/2021 £ 7,088 7,088 |
Incoming resources £ 239,359 239,359 Incoming resources £ 187,950 187,950 |
Outgoing resources £ (175,925) (175,925) Outgoing resources £ (181,996) (181,996) |
Balance at 31/03/2023 £ 76,486 |
|---|---|---|---|---|
| 76,486 | ||||
| Balance at 31/03/2022 £ 13,042 |
||||
| 13,042 |
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CHRIST KINGDOM MINISTRY Notes to the Financial Statements Continued
For the year ended 31 March 2023
Purpose of unrestricted Funds
General
Preaching the the word of God to the public. Visiting the Homeless and supporting them financially or materially , in anyway we can Visiting hospitals and praying for the sick Visiting orphanages and supporting them in anyway we can. We organize fundraising events etc
12. Analysis of net assets between funds
| Analysis of net assets between funds | |||
|---|---|---|---|
| Tangible | Net current | Net Assets | |
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | 43,982 | 32,504 | 76,486 |
| 43,982 | 32,504 | 76,486 | |
| Previous year | |||
| Tangible | Net current | Net Assets | |
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | - | 13,042 | 13,042 |
| - | 13,042 | 13,042 |
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CHRIST KINGDOM MINISTRY Detailed Statement of Financial Activities
For the year ended 31 March 2023
| INCOME AND ENDOWMENT Donations and legacies Donations Other income Offering Gift Aid Total incoming resources EXPENDITURE Raising donations and legacies Donations SUPPORT COSTS Management Management IT & Equipment IT & Equipment Church Activities & Ministries Church Activities & Ministries Governance costs Governance costs Total resources expended Net Income |
£ 2023 148,402 148,402 47,872 43,085 90,957 239,359 (74,768) (74,768) (10,995) (10,995) - - (90,162) (90,162) - - (175,925) 63,434 |
£ 2022 117,062 |
|---|---|---|
| 117,062 39,020 31,868 |
||
| 70,888 | ||
| 187,950 (92,512) |
||
| (92,512) - |
||
| - (38,907) |
||
| (38,907) (49,977) |
||
| (49,977) (600) |
||
| (600) | ||
| (181,996) | ||
| 5,954 |
9 of 9 This page does not form part of the statutory financial statements