REGJSTERED COMPANY NUMBER: 09080071 (England and Wales) REGISTERED CHARrrY NUMBER: 1158063 ort of the esan Unauditsd Finanaal Statements for the Year Ended 30th June KICC Pratse Tabemade
KICC Praise Tabematle Pa8e Report of the Trustees Independent Examlnees Report ststement of Flnanclal Actlvltles Balance Sheet Note5 to the Flnancl•l Ststements 7 To 12 Detslled Statement of Flnandal Actlvltles 13 To 14
ortof rthey ed 30th The trustees who a also directo of the charityfor the purposes of the Companles kt 2006, present thelr report wlth the ftnanclal statements of the charlty for the Year Ended 30th June 2024. The trustees have adopted the provlslons of Accountln8 and Reportln8 by Charltles: Ststement of ftecommended Prdctice applicable to charities preparlng thelr accounts in accordance wlth the Financ5al Rep1 Stsndard applkable In UK and Republlc of Ireland {FRS 1021 {effertlve l January 20191. OBJEcnvES AND AcfMTIES ObJe¢llves and alms Oblectlves and alms The maln object for whlth the (haflty ts estsb4shed is the advancement of the Chrlstlan religlon.The other objects are l. Forthe benefft of the publtc. 2. The furtherance of the charltsble wtyk of the thurch by the advancement of suth other charltable purposes a5 thetrustees shall from tlme to tlme declde l. Food donailon to food banks In the Brt5tol envlronment 2. D15trlbuted Chrlstmas hampers to the needy partnerlng wlthln 8rlstol and Bath partnerlni wlth the 8rlstol Clty councll 3. We were able to provlde welfare support for those In need In our local community and t( part In some Communltyevents In coniunttlon wlth other tharlttes. 4. We held a ft*ntorln8 proyamme for many Unlverslty Students In It)cal unlversltles wlth presenters from NHS, Buslnessand Banklng professlonals, Englneerlng professlonals to name a few. 5. Celebrnted Father's Day and Mother's Day by hostln8 events for the kKal communlty wlth food and presents forattendees. 6. The Royals hosted Open Mk Day for Xudents arxl other In pew events for youn8 adult Publle benefft The charfty benef5ts the publk by pro¥ldlng Serv1 MKh as counsel11 to famllles, students, bereaved persons. those Inflnanclal dlfflcultles, prnyer suppor¢ men and Thy)men meetlnls and wents for everyone In the communlty. We al fundthe pro¥lslon of food lteW re8ularly to l(Kal food banks for dlstrlbutlon as well as our Chrfstmas hampers whlch are 8lven to membersof the kKal communlty andwe provlded hous1n8supp for hofflek Indlvldual In th15 year ACHIEVEMENT AND PERFORMANCE Charitsble a¢llvftle5 The charty undertakes regular servkes on Wednesday and Sunday meetlngs •nd counselllng sesslons In groups and to Indlvlduals. We also gularlY hold student welfare sesston and pro¥lde food and other supplles to local students. Fundralslni artl¥ltl Incomlng resources were malnty from tlthes. offedn85 and bulldln8 donatlons received durln8 the year ofoperatlon. FINANaAL REVIEW Flnan¢hl poslilon The chadty recorded an operatln8 surplus of £41,763 I421 In 20231. Resv¥es polky The charSty alms to retsln suffldent reserves to ensure It meets Its cammltments to provldln81ts seThlces and activltles. These serveS are desIgd to cover a mlnlmurn of £25,orxi. The del8n•ted reser¥e In thls period was the building donations. Pa8e I
for the Year En 2024 JruRE PLANS The charfty plans to conduct yearly retreats Iweekend away days) for the church especially volunteers for tra5nSng and splrltual development. The charlty plans to provlde financlal support to other charltles dedlcated to the erndlcation of poverty In the UK and The charfty plans to expand communlty support Inltlatlve around St. Werbur8hs especlally for the elderly In the local community to help them wlth baslc servlces and also be a source of referral for them where they need a befrlendin8 contact. We are looklng to secure a pem)anent bulldlng for the charSty to contlnue and enhance the communlty work we undertake. We plan to commence In church dedlcated young adults sepilces. We plan to lrnprove the coverage of our mentorln8 prolramme In the comln8 year. STRucfuRE. GOVERNANCE AND MANAGEMENT fjoverTrln8 document The charfty Is controlled by Its 8overnln8 documen¢ a deed of trust, and constitutes a Ilmlted company, IlmSted by guarantee, as deflned by the CompanSes Act 2006. The charlty Is controlled by Its governlng document the Memorandum and Artlcles of Assoclatlon Incorporated 10 June 2014 and constltutes a Ilmlted company IlmSted by guarantee. as defined by the Companles Act 2006. Recrultmenl and appolntment of new trusle•J The dlrertors of the company are also Charlty Trustees for the purposes of charlty law. Under the requlrements of the Memorandum and Artkle ofA550clatlon, theTrustees are elected to serye undera fixed term and can be re*lected. Orynljaugnal strnclure The charfty was reglstered on 30 July 2014 and stsrted operatlons In May 2016. The governance of the Charlty 55 malntslned by the 3 trustees whlle the Resldent Pastor deals wlth Pastoral and other related matters. The trustees hold board meetln85 and addltlonal meetlngs when requlred. The chartty Is supported by over 22 volunteers who work on average 4 hours every week. If rnlnlmum wage bs applled to thls the cash value to thecharlty of the volunteerforce In a full year could be over £47,682. Wlthoutthe support of these volunteerthe charty would not have been able to meet Its alms and objertlves effectlvely. Inducllon and tralnln8 of new trustees The trustees are famlllar wlth the worklngs of the church and the charlty draws from lon8-Standlng church members and Chrlstlans from other denomlnatlons that have è skS11-set to offer. New tnjstees are encouraged to attend a serles of shorttralnln8 and are encouraged to attend tralnln8 semlnars provlded by external or8anlsatlons. REFERENCE AND ADMINISThATIVE DEfAILS Reglstered Company number 09080071 (England and Walesl Rellstered thaTIty numb¢r 1158063 Reglstered offl¢e Klngsway Internatlonal Chrfstlan Centre Prayer Oty, Buckmre Park Maldstone Road Chatham Kent ME59QG Pag¢ 2
Re ort of the Trus ees the Year Ended 30th June 2024 M K FalebitsR TKut C R Clarke Approved by order of the board of trustees on ................ R T Kut- Trustee Page 3
in KICC Pra15e Tabernacle Independenl examlnerfs report to the trnstees of KICC Prnlse Tabemacle {*he Companv) I report to the charlty tntee5 on my examinatlon of the accounts of the Company for the Year Ended 30th June 2024. Responslbllltles and basls of report As the charlty's trustees of the Company (and also Its dlrectors for the purposes of company law) you are fesponslble forthe preparatlon of the accounts In accordan wlth the requ5rements of the CompanlesAtt 20061'the 2006 Ad). Havlng satlsfled myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are ellglble for Independent examlnatlon, I report In respect of my examinatlon of your charlvs accounts as carried out under Sertion 145 of the Charities Art 2011 ('the 2011 Act'l. In carrying out my examinatton I have followed the Directions8Nen bythe Charlty Commlsslon undersectlon 145151 (bl of the 2011 Act. Indepenknt examlnerfs statement I have completed my examlnatlon. I confirm that no matters have come to ry attentton In connectlon wlth the examlnatlon giving me cause to believe: accounting records were not kept in respect of the Company as requlred by Sertlon 386 of the 2(K16 Art; or the accounts do not accord with those records: or the accounts do not comply wtth the accountlng requSrements of Sertion 396 of the 2006 Act other than any requirement that the accounts Bive a true and falr view which is not a matter consldered as part of an independentexamlnatlon; or the accounts have not been prepared In accordance wtth the methods and prlnclples of the Statement of Recommended Prattieeforaccounting and reportlng by tharltles (appllcable to charltles preparlngthelraccounts in accordance wlth the Flnanclal Reportlngstsndard appllcable In the UK and Republlc of Ireland IFRS 102)). I have noconrn5and have comeacross no other matters In connertion with the examination to which attentlon should be dravm ID thls report In order to enable a proper understandln8 of the accounts to be reached. Joyce Mensah Page 4
tement of Flnandal Actlv they arEn une 2024 30.6.24 Unrestrlrted funds 30.6.23 Totsl fvnds Notes INCOME AND ENDOWMEp¥fs FROM Oonatlons and legacles 125,991 107,583 Investment Income Other Income 2,750 3,723 692 2A50 Total 132.464 110,725 EXPENDITURE ON Charltable athltles Charltable Actlvltles Support & Admlnlstratlon 46,926 34,619 46,902 20,860 Other 9,156 8,142 Total 90,701 75,904 Nrr INCOME 41,763 34,821 RECONCILIATION OF FUNDS Total funds brou8ht forward 149,151 114,330 TOTAL FUNDS C4RRIED FORWARD 190,914 149,151 The nolcs fomi part of these financial sla*ments Pag¢ 5
Praise TaberJMcle Balance Sheet 30June 20* 30.6.24 Unrestricted funds 30.&23 Totsl fvnds FIXED A55Ers Tanglble assets 5,527 10,628 CURRENT ASSEIS Debtors Cashat bank 5,320 183.405 9,500 131.024 194,252 140,524 CREDm)VS Amounts fallln8 due wlthln one year (3,338) 12,0011 NEf CURREtir ASSETS 190.914 138,523 TOTAL ASSM LESS CURRENT LIABILMES I,914 149,151 NET ASSETS 190,914 149.151 FUNDS Unrestsitted funds io 190.914 149.151 TOTAL FUNDS 190,914 149.151 The charitable company Is entltled to exemptton from audlt under Sertton 477 of the Companies Act 2(M% for the Year Ended 30th June 2024. The members have rHX required the company to obtsin an audit of its financial statements fortheYearEnded 30th June 2024 in accordan wlth Sectk)n 476of the CompaniesP£t 2(X%. The trustee5 acknowled8e their responstbifrtles for (a) ensurlng that the charltable c(Nnpany keeps accountln8 records that compty with Sectk)ns 386 and 387 01 the Companles Act 2006 and preparlng financial statements whlch Elve a true and fairvlew of the stste of affalrs of the charltsble company as t the end of each financial year and of Its surplus or deftcit for each financtal year In accordance wlth the quirernents of Sectlons 394 and 395 and whlch otherwlse cornply with the requlrernents of the Companles Art 2006 relatlngto financial ststernents, sofarasappficable tothe charltable company. (b) These flnanclal statements have been prepared in accordance wh the provisions applicable to charltable companles5ub]ect tothe small companles reglme. 2Hlo31?[ The flnanclal ststements were approved bythe Board ofTru5tees and authorised for Issue on.-..-..-- slgned on its behalf bv: nd were M K Faleblts- Trustee Thc notes fomi of th¢s¢ financial SW¢D Pa8e 6
Ic rnacle Notes he Year En anclal Statements h June ACCOUNTING POUCIES 8451$ ol preparlni the financial statements The flnanclal ststements of the charltable companyi whlch Is a publlc beneflt entlty under FRS 102. have been prepared In accordance wlth the Charltles SORP IFRS 1021 'Accountlng and Reportin8 by Charltles: Ststement of Recommended Pr4rtlce applicable to charltle5 preparlng thelr accounts In accordance wlth the Flnanclal Reportln8 Stsndard appllcable In the UK and Republlc of Ireland (FRS 1021 {effectSve l January 20191,. Flnanclal Reportln8 Standard 102 'The Flnanclal Reportlng Standard applicable In the UK and Republlc of Ireland, and the Companles Act 2006. The flnanclal ststements have been prepared under the hlstorlcal cost conventlon. In¢ome All Income Is recognlsed In the Ststement of Flnanclal ArtSvltles once the charlty has entltlement to the funds, Itls probablethat the Income wlll be récebved and the amount can be measured lIably. Expendlture Llabllitles are reco8nSsed as expendlture as soon as there Is a le8al or construrtlve obllgatlon commlttln8 the charlty to that expendlture. It Is probable that a trnnsferof economlc beneflts wlll be requlred In settlement and the amount of the obllgatlon can be measured rellably. ExpendSture Is accounted for on an accruals basls and has been classlfled under headln8S that a88gate all cost related to the cate80ry. whe costs cannot be dlrect attrlbuted to partlcular headln8S they have been allocated to actlvltles on a basls conslstent wlth the use of resources. T•n8lble fixed assets Depreclatlon Is provlded at the followln8 annual rates In order to wrlte off each 4ssel over Its estlmated useful Ilfe. Flxtures and ftttings Motorvehlcles Computsr equlpment 25% on cost 25% on cost 33% on cost Taxatlon The charlty bs exempt from corporatlon tax on Its charftable actlvltles. Fund a¢ntIng Unrestrltted fvnds can be used In accordance wlth the ch•rltsble oblectlves at ihe dlKretlon of the trustees. Restrlcted funds can only be used for partlcular restrlcted purposes wlthln the objects of the charlty. Restrlctlons arlse when speclfied by the donor orwhen funds are ralsed for partlcular restrltted purposes. Further explanatlon of the n•ture and purpose ol each fund Is Included In the notes to the ftnandal statements. Hlre purchase and leaslng commltments Rentals pald under operatlng leases are charged to the Ststement of Flnanclal Actlvltles on a stral8ht15ne basls over the perlod of the lease. Pendon costs and other post4etlroment beneftts The charltable company operates a defined Contrlbutlon penston scheme. Contrfbutlons payable to the charltablecompany's penslon Kheme are charged to the Ststement of Flnanclal ActlvStles In the perlod to whlch they relate, Page 7 continued...
otcs lo e Financial S emen fttrr the Year Ended 30 June 2024 INVEsfMENT INCOME 30.6.24 30.623 Deposit account Interest 2.750 692 NEf INCOMEIIEXPENDMIRE) Net Incomellexpendlturel Is stated after charg1n{crediting). 30.6.24 30.6.23 Depreclatlon - owned assets Other operating leases Surplus on dlsposal of flxed assets 9,156 ,142 13,919 {2.4501 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneratlon or other beneflts for the Year Ended 30th June 2024 nor for the year ended 3]lune 2023. Trustees. expenses There were no trustees, expenses pald for the Year Ended 30th June 2024 nor for the year ended 30June 2023. STAFF cosrs The average monthly number of employees during the year was as follows: 30.6.24 30.6.23 Pastoral and Charltable Actlvlty No employees recelved emoluments In excess of £fJO,(KIo. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted Funds INCOME AND ENDOWMENTS FROM Donatlon5 and leEacles Investment income 107,583 692 Surplus on dlspasal of flxed assets 2.450 110,725 EXPENDiniRE ON Charltable artl¥liles Charltable Activities 67,762 Other 8,142 Total 75,904 P4Ef INCOME 34,821 continued... Pag¢ 8
KICC Pr8i8e Tabern ¢iml Statements - for the Year Ended 30 June 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcnviTIES - conllnued Unrestrlcted funds RECONCIUATION OF FUNDS Total funds brouaht forward 114,330 TOTAL FUNDS CARRIED FORWARD 149.151 TANGIBLE FIXED ASSErs Flxtures and flttln8s Motor vehlcfes Computer equlpment Totals At l July 2023 Addltlons 30,811 4,055 1,785 42,196 1.075 At30June 2024 34,866 1,785 43.271 OEPREaATION At l July 2023 Char8e foryear 21,075 8,716 893 440 31,568 8.411 At 30June 2024 29.791 9,600 1,333 39,979 NET OOOK VAWE At30June2024 5.075 452 5.527 At30June 2023 9,736 892 10,628 DE8TORS: AMOUNTS FALUNG DUE AFTER MORE THAN ONE YEAR 30.6.24 30.6.23 Otherdebtors 5,320 9,51XI Pagc 9
Notes lo the Financial Ststemcn for the Year EndeAI 30 June 2024 CREDrroR&. AMOUNT5 FAWNG DUE WITHIN ONE YEAR 30.&24 30.6.23 Soclal securlty and other taxes Other credltors Accrued e¥penses 2189 1,293 3.338 2.001 MOVEMEpif IN FUND5 Net movement In funds At 30.6.24 At 1.7.23 Unreslrkted Iwds General fund Oesl8nated FU15 145,331 3.820 41,763 187,094 3,820 149,151 41,763 190,914 TOTAL FUNDS 149,151 41,763 190,914 Net movement In fiJnd8 Induded In above are as follows: Incornln8 Tesources Resources expended Movement In funds Unrestrkted fvnds General fvnd 132.464 (90,7011 41763 TOTAL FUNDS 132,464 {,701) 41,763 Compafail¥es for mov•m•nt In fid5 movement In funds At 3Q.6.23 At 1.7.22 fvnds General fund Oe51gnated Funds 110,510 320 34.821 145,331 3,820 114.330 34,821 149,151 TOTAL FUNDS 114,330 3421 149,151 Page 10 continued..
Tabernacle cn Year End1 30 June 2024 io. MOVEMENT IN FUNDS - ¢ontlnued Comparatlve net movement In fund4 Included In the above are as follow5: Incoming resources Resources expended Movement In funds Unrestrlcted funds Geral fund 110.725 175.9041 34.821 110,725 175,904) 34,821 TOTAL FUNDS 110.72S 17S.904) 34.821 A current year 12 months and prior year 12 months comblned posltion b as follows: Net Movement In funds At 30.6.24 At 1.7.22 Unrestricted funds General fund Desi8nated Funds 110.510 3,820 76.584 187,094 3.820 114,330 76,584 190,914 TOTAL FUND5 114,330 76.584 190.914 A current year 12 months and prlor year 12 months comblned net movement In funds, Included In the above areas follows: Incomlng resources Resources expended Movement In funds Unrestrlrted funds General fund Deslgnated Funds 243,189 1166.6051 76,584 243.189 1166,6051 76,584 TOTAL FUNDS 243,189 1166.6051 76.S84 Pagell conlinued...
Notes to the Financial Statements - r the Ye8r Ended 30 June 20 ii. Thue were no rekted party trwacuons for tt* Year Ended 30th June 2024. Py12
Dettiiled Statement of Financi8J Activi for the Year Ended 30 June 2 24 30.6.24 30.6.23 INCOME AND ENDOWMENTS Donatlons and Iwd•s Donatlons Gfftald Ildln8 Donatlons 106.505 91,083 IS.290 1,210 420 125.991 107,583 In¥estment Income Deposlt account Intsrest 2.750 692 Othtr Income Sundry 3.723 2A50 Tot•l In¢omlni rewurt•s 132.464 110,725 EXPENDITURE Charltsble a¢lMtles Other operatln8 leases Ughtand heat Rent & Rates Church m1n1st honorwSa Evangellsm Church m1n1st hospltsllty Motor Expenses Tfalnln8 Church m1n1st Welhre 13,919 491 215 536 1.750 32,822 144 1,000 16,699 ioi 1,352 700 4,650 36,819 38,140 Other Rxtures Ind flttings Computer equlpment 8.716 7.703 439 9.156 8,142 Support costs Mana8emert Wages Penslons Insurance Postage ar#1 ststionery Travdllng & Transport costs 31,IMI 743 557 1341 978 17,911 1,499 925 34,619 20,369 Flnan Bank thir8es Thi$ p4e Ik)es forni w of thc statukny fuwi¢id s¢at¢ments Page 13
Kl rnacle Detailed Statement of Fin ne 2024 30.6.24 30.6.23 Flnan Goveman¢e ¢osts the to KICC Natlonal Forum Accountsncy and legal fees 9,807 300 8,953 31JO 10,107 9,253 Totsl resources expended 90,701 75,904 Net In¢ 41,763 34,821 This page does not fomi part of the Swulory financial statements Page14