FAITH SALVATION MIRACLE CHURCH (FSMC) TRUSTEES REPORT AND ACCOUNTS ST 31 MARCH 2024 71A BEULAH ROAD THORNTON HEATH CR7 8JG
AI'I'II SALVA'I"I()N NqIRAC.'I.Tr: I'IIIIRC'II RF.PORT OTr "fHF. TRIISTEE.S FOR THF. I'F.AR F.N'DF,D 31 NIARC'H 2U23. -riiL I I'iislLL'4 ul" IIIL. LI)ciril.y pi'L%¢:iil IhLiI" l-Lpcirt willi Ilii, I Ili&lllCidl slcilL'inL'iils of IliL' 11- LnilL(131- M'ircli ?{)? 'I'IIL' Irii%liLs 1):IWL itcli)plL'LI Ihi Iiri)Ili%T()n ()I' IIIL SiiilLlllkn'llt ()I' IILL()IninLiidLd l)I'<lLIiLL (SUIII)) 'IlLLiiuiIIii)gT JIILI IILPC)rli i)g by ('Iiill-iIiL'4' I%%LILd in Mi 411'Lli ?111}s RTr'b'l.:Ilb:NC'l,: AN'D ADNlINlS"fR,II"II'E I)F:'I'AII. RL'kYl%tL'I'Ld (.'liai'it)' N, ui?Ibei" RL'kwi5ti'i'i'il vrfiie 71A 111.'lJl.IKII SI()AI) 'I"I I()IIN'I'(IN 111.,A'I'I I L'117 X.l(i Ti'utritL'e Pd%l()r Dilllli l AbyLi Taiv icili rLi%IL¥ l % C IL i l ill (-)LIL')'L'III i l iidL'I)LhndL)iil [,' Aainiiier% X-%lill' MJii.1g)LIIIL'iII SLrviLL% 1.1 iiiilid 5.1 %cixvillI IIc?(IcI C)I'iii ii.iil()n. KLnl Il*nkei' M¥li-i) Il¢ink' I S()Liil)<lllll)liiii Ilc)w WC'IFI SIIA
A. STRUCTURE, GOVERNANCE AND MANAGEMENT a> CJovernin2 (locumeiil Tlic Lliarily is iOlltI-ollLcI b). ils iioi'LriiiiigJ (IoLLIIIILiiI. tlIL C.'()Ii%liliil ic>ii aiid LuiistiliilLS a ch;i¥ily. .1% (li linLd by Ihe Q'li'iriliL'S ALI ?0 I I. li l Nli'inl)L'i'4hii) (bf truiitL'L' board. I-IIL II'LI.blLL'S ol- IhL L l?Llii Iy <ll'L cilsi) ¥'iiliiiildi'y Iru%lLL.% li)r iIIL l)iirp()sc'% Ill. L l)Kll'ily laiv Iiiil iiii(IL'I' I IIL Llicll'i ly'% L'i)nsliliilii)n ali. knc)wri inL'inhLr% ()i- IIIL. -I"riislL'eN lji)'trLI. c) lii(liicti(pn 4111(I traiiiing of ti'usleo All ii'ii%lL'L'% .Irc l1iiiiili1i r iviih Ili< Pl'¢iiliLal w'nrk nf. the cliiirch rfll)(I hiive iiiidi'rtiiki'n (t) Oi'Li#nisdtinnal struL tiirc. 'i%l()r 1'.5LLIL'(I li>, IliL I)I" L.) Ri*ik JiiaiiakFI'iiiL'lIt I IILIIY II) ILIL'iiI i Iy illi(I I'L I'IL iv IIIL ri IL) i%,II IL li IIiL' Lliill-ily [% L XPCTrS1(1 ,'15()1141blL 'i%%iif411lLI' 4lLTal1is1 I lili I'll&il Ll)5)I5'1)I ri%k% arL 111 iiiiiiii%LII by Il)L iiiipIL'IIILI)lalii)n ()I' pr()LL'(ILIIL'S 1()I' IIIIC L In L i)%LII'L L(?11is)I i'lllLL wiill 14Lalili &iiicI %cilLlv ot" I'-i)l EiiIIL¢I'%: IiicnibL'f%: LliildrLIi- B. OBJECTIVES AND ACTIVITIES I'IIL. Lliill'i ly's (?l)jLcI% (inil i1s1)I'illLlI)'Il ililii'ity IVL rL IILI-Llo iii l_oiiiliiii :Iii(l iii S11¢1i (IiliL l- Pcifi% ()i- IIIL I Iiii ILII K iiiii{l()ni or IliL ivi)I'lLI. .1 o l-Llii'wL I)LI'S1)1i5 ivlici JrL' ill Ll)nililioii% ()I' IlLLd É?r li'ii-Llsliii)1 41fL LldLI'ly i)I' %lL k, lo ti'Jin l)41s1()r ()r IIiL Wl)rld. -1, To pi()iiiolL aii(I tul I Il siiLlI ()Ih¢r cli&ll-ilqi l?IL I)Lll'pr).%c% bL IiefiLiiil lii Ilii L()Inmuiiiiy in l.(Indf)n an(1 in 5IIL li othil'1Tr1< It% ol- Ilic Unilcd Kiiig)dc)iii 01- tIIL iiyoI'Id,
C. ACHIEVEMENT AND PERFORMANCE M:i(IL di)n<il iciii% Ic) L IiciritlLS I c)rphJn¢lllL'%I i n Gli'ii)Ll &iiiil U l( L'.g Tniiiiii(y (if. I P15lor% ITI Ciliciiia SciLi¢il ALI ii, ili¥.% Lil Ili'igil)Ic)11 IIL;ILII C-'liilcli-L l) b?Ll l()UlLIIILr ( I li l)1'.1t¥ (I iiii)tlicr'% (l¢lV tor Ilii ()Icl Sllclii % iii Ilii vhiiiLI) )rL41Llijiiii s ()ii TLIL'S(I'Iys (151LI l-liiii-%ilil)'% nii N:Ii'i'{)iir{14LIIL R:iiliii LL¢ltlLI'bl) i i) Ii'¢lilll l)bJ IL)I' E IL5L'I'% <iiicI I)L&lL ()51% Uslii rs D. I,'Irs'AYC'IAI. RI:I'ILW 'I'IIL fL.s11114 1()r IhL )'L41f 4lFI(I IhL' l ii);Iiii i'll p()%1 liL)n (Il. IhL L'.licirilJ IfL ci% s11(Iii'n ITI Ihi ) ResL'i'vesp i)nliLI' I)IlL t(Tr I Illcl Ill'iiil Lli I l IL Lilli¥.% l)Ling IclLL(I l?y Ihl L l)cirily al IIIL iiic)IiiL'iiI, IIIL LI)Ill'ily b 1111slLIs lilN'I kLiII i)Iily ¢1 liiilL' fLSLfi'L%. 'l-Iiu Ll)iiriiy Il'ls iici L'llll)l()yLL% illlLI IliL'I'L'I()rL Iiill'L 111) ()tIIL'r ()lilig1411j(?Il%. -I'l)L Lli;Ii'ity iiilLI)II% WL)rki i)b clllLI SPLIILli iiky w iiliiii il% IiiLilll%. IIIL'n I hL' 1111411IL Icil p()sili()n iiiipi'()vL'%. il ,11] ¢()ii%iilL'r kL'I PITI Ll 'lPPI'iipfiLIIL ILII b) Principal fuiidiii% snu rce Al iir14Lllt Ilic Illilj()rily i)l- IliL Lhiiroli'% liiiicliiigy L(IllliiiiiLs tl) COlllL' li-()iii IIIL liilics rfiiid ') I c)I' i)riL)I'iIy IlLiils.
E. FUTURE DEVELOPMENTS 'I'ar MorL t I'l& iiIYLli%ni i IIL l ii(li ngv Ilri)ppiii¥T ()1" IL41flL'I4 L'lc ()rpliaiiJiTL d()ii'ili()n Mi)I'i IL'iidLr%liiii li" L c)nl ii)IlL' IIIL L I,. Vi%ilcili()n ()1"IllLinbL
F. STATEMENT OF TRUSTEES RESPONSIBILITIES
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INI)Tr:I)I,:NDI,'ry'I' :xAlINfr:R,s REPC)RT 'ro "I'iiF I'RIISI'I,'I,:(i 01,- F"Al'l'll S,11,V2I'1"IC)Y Illllil("l.b' ('.1111 RC'II. We report on tho accounts of the ChLirrh for the year ended 31 MARCH. 2024 wliich comprise the Stalement of Financial Activities, the Balan Sheet and related notes sel out on pages 10 to 13. This report is tnade solely lo the Lliurch Council (Trusleesl in accordance with Section 145 of the Charitl8S Act 2011 . Our work havc been undeilaken so Ihat we might stale lo the charily % Iluslees Iho%e matters th21 we are ro.quired lo 812lp If) Ihp.m In an Indp.pendent Fxaminer'.4 rpp(xt and foi no olher puiw8e. To Ihe fullosl exleiil pertnitled by law, we do nol accept or assume responsibility to anyone other than Ihe Chuich and the Chltrch's Iruslees for oui examiiialion work. Respectlve responslbllitles of Trustees and Examlner The ChurLlI's Iiustee.% are responsible for the preparatioii of the accounts. They consider that an audit is not required lor this year (Linder Section 144 of the Lharilies Act 2011 Ilhe Lharilies Aclll and that an indepeiidenl exaniiiialion is needed. 11 is oui responsibility to: Exan)ine Ihe accounts (under Section 145 of the Charities Acll.. To follow the procedure% laid down in the General Directions given by the Charity Commissioner (under Section 14515llbl ol the Charities Act).. and To stale whether paitticular matteTS have ojme lo our attention. Basis of Independent Examiner's report Oiir oxaminr11i()n was carried out in accordance with the Gcneial Directions given by Ihe Chdrily C0117511ISSlOli(Ir. An examination includes ti review of the accounting rec()rds kept by the Church and a comparisoii of the acc,ounl8 pre8eiiled wilh Ihoove records.11 also inclLidLhs c,onpiide.iation ol any iinusual Ilpms or dis¢lo'tiures in the accounls, and seeking explanalions from you as trustees concerning any such mallers. The proceduip,s underlakEin do not provide all the evidenLe Ihal would be required In an audit, and consequently no opinion is given as lo whether Ihe accounts pic*sonl a 'lrue and fair, view aiid the report is liinited lo Ihose mdlleTS sel out in Ilio slalemtinl below. Independent Examinor's statement In corineLlion with our examinalion, no matter has come to our allenlion- 1. which gives us reasoriable cause to believe that In any material Tespect the requireinents lo keep accAiunting records in accordance with Section 130 of the Charilies Act., and to piLpare accounts which aLLord wilh the accounting records and comply wilh the accounting I"equii"pinenls ol the Charities Act Have not been mel., or 2. To which, in our opinion, attention should be drawii in order lo enable a proper underslanding of the accouiits lo be reached. EMMANUEL NTIM, MSC. FCCA X-star Management Services Limlted 53 Saxvllle Road Orplngton Kent BR5 3AN Dated: 0710612024
FAITH SALVATION MIRACLE CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31ST MARCH 2024 202 2023 Nole General Reslricled Total Total INCOMING RESOURCE Voluntary Income Gift Aid Returns Aclivilies in SLipporl ol Church object, SLindry receipts Total 22.287 4.853 22.287 4,853 21,728 6.936 27,140 27,140 28,664 Resources Expended Charitable Expenditure Special Collections BLiildiiig Project 8enevoleiil Fund Managemenl and Administration 2Jf,406 25,406 28,561 Total 25,406 25,406 28,561 Net Incoming Resources 1,734 1,734 103 Loss on Valuation of Assets Net Movement in Funds 1,734 1,734 103 8alance Brought Forward 103 103 Transfers Balance Carried Forward 1,837 1,837 103
FAITH SALVATION MIRACLE CHURCH BALANCE SHEET AS AT 31ST MARCH 2023 2024 2024 2023 Note Non-current Assets Tangible Fixed Assets Investments 458 Current Assets Bank and Cash Balance Prepayments 2,398 727 103 727 Current Liabilities Creditors falling due within one year Net Curent Assets 150 150 2,975 Net Assets 2,975 1,138 Funds Balance blf SurpluslDefitcit this year 1,138 1,837 2,975 1,035 103 1,138 Name.. Dan Signature: el A.Taw•airman)
FAITH SALVATION MIRACLE CHURCH NOTES TO THE ACCOUNTS - 31ST MARCH 2024 3 RESOURCES EXPENDED 2024 2024 2023 Manament & Admin Total Total Charitable Donation: Rent & Rates CoLinril Tax Depreciation Waste Disposal Travel expense Accountancy Fees Repairs & Renewals trumenu Media Bank Charges Welfare Evangelism ExpenseslRetreat Printing, Postage & otationery Telephone/ Internet I Iisui-dnce Utilities Vehicle Expenses General Adniinistration TOTAL PAYMENTS 14,800 808 101 14,800 808 101 18,150 1,101 332 740 500 500 40 40 75 776 776 5,520 644 644 594 279 3,965 3,493 25,406 279 3,965 3,493 25,406 2,049 28,561 I c)
FAITH SALVATION MIRACLE CHURCH NOTES TO THE FINANCIAL STATEMENTS - 31ST MARCH 2024 2 Incoming Resources 2024 2023 Genei'al Restricted TO'fAL TOTAL 2a Voluntary Income General Fund Tithe Offering Harvest Gifl Aid Returns 22,287 22,287 8,843 8,370 4,515 6,936 4,853 4,853 27,140 27,140 28,664 Building Project Sundry Donations Total 27,140 28,664 2d Inventment Income Church Hall Lettings Interest, dividend and gains
- TANGIBLE FIXED ASSETS Machinery Musical Instruments Equipment Total COSTIVALUATION At 1 st April, 2023 Additions At 31 st March, 2024 867 668 1,535 867 668 1,535 Depreciation. Balance and C Charge for the Year 867 567 101 668 1,434 101 1,535 867 Net Book Value As at 3110312024 As at 3010412023
- Banklcash Balance Metro Bank 2,398 2,398