2025-01-31-accounts

FREELANCE CHRISTIAN MINISTRIES

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] JANUARY 2025

CHARITY NUMBER: 1160457

FREELANCE CHRISTIAN MINISTRIES GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM SURREY CR4 3FH

INDEX Page Index 1 Trustee’s Report 2 - 3 Receipts and Payments Account 4 Statement of Assets and Liabilities 5 Notes on the financial Statements 6

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FREELANCE CHRISTIAN MINISTRIES

TRUSTEES’ REPORT YEAR ENDED 31[ST] JANUARY 2025

The trustees are pleased to present their report for the year ended 31[st] January 2025 for the charity, Freelance Christian Ministries with charity number 1160457.

The Trustees of the charity are: Mr Alex Shalman Mrs Pearl Doe Mr Raymond Asafo Councillor Joan Henry Ms Cynthia Ofori-Boahene

The principal address of the charity is : Generator Business Centre 95 Miles road

Mitcham CR4 3FH

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO – Foundation Constitution registered 12[th] February 2015.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time . The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation continues to hold successful Christian worship services through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation also held several conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community.

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FINANCIAL REVIEW

The income of the charity is above £6,000. This is a lower amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the rent of its building that it uses for worship services and some church equipment.

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RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure .This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

1. Select suitable accounting policies and apply them consistently.

2. Make judgements and estimates that are reasonable and prudent.

3. State whether the applicable accounting standards have been followed.

4. Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 6[th] August 2025 and signed on their behalf by:

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FREELANCE CHRISTIAN MINISTRIES

ACCOUNTS FOR THE YEAR ENDED 31st January 2025

1 Receipts & Payments Account (General Purpose Fund)

Income Receipts Tithes and Offerings Interest Total Receipts Direct Charitable Expenditure Advert Hire of Hall Office expenses Refreshments Welfare Chruch events Supplies Professional fees Travel Honorarium Hotel Repairs & Renewals Subscriptions Other Expenditure Equipment Fixtures Total Payments Net Receipts/(Payments) for the year Cash Funds brought forward Cash Funds at the end of the year	£/ 2025 £/2024 6002 7145 0 0
	6002 7145
	48 0 1257 2200 336 174 92 514 1051 240 275 182 649 71 180 2504 167 169 0 270 35 0 1295 100 480 0
	5865 6424 1535 858 0 0
	1535 858 7400 7282 -1398 -137 5045 5182
	3647 5045

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FREELANCE CHRISTIAN MINISTRIES

**2 **	Statements of Assets and Liabilities at 31st January 2025	Statements of Assets and Liabilities at 31st January 2025	Statements of Assets and Liabilities at 31st January 2025
	Monetary Assets
	Cash Funds	Unrestricted Funds
		£/2025	£/2024
		£
	Cash at hand and in bank	3647	5045
	Debtors	0
	Total Cash Funds	3647	5045
	Assets Retained for the
	Charity's Own use
	Non-monetary Assets and Liabilities
	Musical Instruments	50	62
	Equipments	1784	2230
	Fixtures	51	64
		1885	2356
	Liabilities
	Bookkeeping	180	180

These accounts were approved by the trustees and signed on their behalf by: Mrs Pearl Doe

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FREELANCE CHRISTIAN MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st January 2025

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year.

Funds

The CIO has a general unrestricted fund that receives voluntary donations from attendants at the services.

The CIO has no outstanding guarantees to third parties no any debts secured on the asstes of the CIO

Public Benefit

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

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