Charity number: 1163366
(England and Wales)
ARISE METROPLITAN ASSEMBLY
Report of the Trustees and Unaudited Financial Statements
For the year ended 30 June 2024
ARISE METROPLITAN ASSEMBLY Contents Page For the year ended 30 June 2024
| Report of the Trustees | 1 to 4 |
|---|---|
| Independent Examiner's Report to the Trustees | 5 |
| Statement of Financial Activities | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8 to 11 |
| Detailed Statement of Financial Activities | 12 |
ARISE METROPLITAN ASSEMBLY Report of the Trustees
For the year ended 30 June 2024
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 30 June 2024. 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).
1 of 12
ARISE METROPLITAN ASSEMBLY Report of the Trustees Continued
For the year ended 30 June 2024
OBJECTIVES AND ACTIVITIES
This report covers activities of the Charity, Arise Metropolitan Assembly, for the financial year ended June 2024.
Trustees of Arise Metropolitan Assembly note that the year under review was one in which the Charity continued to provide spiritual guidance to the members as well as impact the United Kingdom. We are pleased to report that there was success in all key sectors in which we operate. Under each subheading, we outline progress in the year under review.
1.Spiritual Growth
Arise Metropolitan Assembly continued to progress in advancing the Christian religion, which is one of our core mission foci.Through our outreaches to the entire Church worldwide, known as the Global School of Ministry and the Global Advanced Mentorship Program,these specific objectives were achieved:
1.1.Reformation of the Christian Church. More ministries and congregations continue to embrace the Kingdom concept developed by Arise Metropolitan Assembly, which postulates that a Living Church should operate as a School of Ministry where believers are transitioned to become disciples and discover their gifts and callings rather than a Theatre where a tiny professional Priestly caste minister to a large, dormant laity, who come into church buildings at designated times to 'consume' spiritual food.
1.2.Youth Empowerment.Through the training programme called the Now Generation Master Class, this Commission trained and graduated the first set of young men and women under 30 who have embraced the call to serve the Lord and the people.
1.3.Restoration of the Fivefold. Arise Metropolitan Assembly continues to play a leading role in the restoration of The Offices of Apostle, Prophet, Evangelist, Pastor, and Teacher that Jesus charged collectively to empower the saints for the work of ministry according to Ephesians 4: 11-16. As reported in previous years, more congregations across the UK, Europe and the rest of the world are embracing this paradigm.
1.4.Revival. Arise Metropolitan Assembly continues to blaze the trail in teaching saints to embrace and depend on Jesus as their Head. As more saints embrace this message, they become His disciples, loving the Father fervently and inclined to obey His Word, enjoying personal revival as they love fellow humans.
1.5.Family-themed ministry. During the period under review, Arise Metropolitan Assembly continued to provide an enabling opportunity for both Children and Youths to be involved in the Congregation's life. Young people - children of primary school age, the youths of Secondary School age, and the Now Generation (18 - 25) were assigned to do the Bible Readings, serve, and participate actively in congregational activities. They also took one Sunday Service completely. During the period under review, we gave our Now Generation or senior Youths the Opportunity to preach on some Sunday services.
1.6.Transformation of the Church from a cold Religious Organisation based on subscription to denominational Creeds to an Organism of saints who are in a relationship with God and one another. More Churches and Ministries in the UK, Europe and Africa received the prospectus of the Global School of Ministry, which they are now implementing.
1.7.Evangelism is conducted consistently.The Evangelism team went into various Communities in the London Borough of Havering and Greater London to share the love of God in Jesus. Over 20,000 thousand tracts were printed and distributed during the period under review to further that purpose during our outreaches in marketplaces, community fayres, and street evangelism.
1.8.Our Prayer team, Frontline Intercessors, built on the previous year of greater operational efficiency, with pairs of intercessors on duty each hour of the day leading to 24/7 coverage. The team prayed for His Majesty King Charles III, Queen Camila, the Royal Family; the Prime Minister, Cabinet and Parliament; the leadership and members of Arise Metropolitan Assembly and the Elm Park Community; Hornchurch City; London Borough of Havering and the United Kingdom. We continued to faithfully host the monthly Global Prayer and Spiritual Cabinet held online on the last Saturday of each month with other members of the International Ministers Fellowship. Intercessors from various nations connected in the meetings.
1.9. Multi-racial Outlook. Arise Metropolitan Assembly continued the growth towards being a multi-racial and multi-national congregation with members drawn from several African nations, some nations in the West Indies/ The Caribbean, the English, Scottish and Hong Kong, China.
1.10. Supporting other Congregations in the United Kingdom. The Christian message is about love, sharing, and caring.
2 of 12
ARISE METROPLITAN ASSEMBLY Report of the Trustees Continued
For the year ended 30 June 2024
During the period under review, Arise Metropolitan Assembly continued the practice of sending volunteers to support other congregations and ministries in training, evangelism, and prayer over their cities.
1.11. Ministers Networking. Arise Metropolitan Assembly continued to undergird the work of the International President of International Ministers Fellowship by supporting our Overseers who function as International President. The Global Conference of the Fellowship called Open Gates continued to be held online through the effective services of members of the Arise Metropolitan Assembly.
1.12.Global Mission - In line with Acts 1:8, we inspired many Christians worldwide to commit to engage in Missions.
2.Charitable
During the period under review, we continued to expand our commitment to engage in Charitable deeds just like Jesus did in Acts 10:38. They were performed through these channels:
2.1.Holistic Ministry. As a congregation, love is manifested in caring for the holistic needs of people - spirit, soul, and body - is central to our ministry. Members in need are provided both individual Pastoral Care and financial help and raw food.
2.2.Through the Global Mission Board, our outreach arm, individual members of the Congregation and their families provided for feeding the needs of the most vulnerable.
3.Community Impact
Arise Metropolitan Assembly foundationally believes that affecting the operating environment as Salt and Light is imperative. We undertook these activities within our host Community, Elm Park Hornchurch, in the London Borough of Havering:
3.1.Elm Park Day - We continued participating in the annual event that brings together the whole community.
3.2.Relationship with Elm Park Councillors and The Neighbourhood - We continued to contact our Councillors.
3.3.Patronage of Local Stores - Our contribution to the regeneration of Elm Park is further pursued by our congregants' deliberate patronage of local businesses.
3.4.Christmas Cards. We printed and distributed Christmas cards to Elm Park, London Borough of Havering residents and other parts of the UK.
3.5. Sunday Afternoon Community Lunch. We have resumed the Sunday afternoon lunch right after our services. It is open to both members of the Congregation as well as visitors.
3.6.Support for Rough Sleeping. We donated to support the AHAVA Community in tackling rough sleeping and homelessness in our borough.
Prospects for next year
FINANCIAL REVIEW
The net deficit for the year amounted to £7563.00, which is attributable to general reserves of the charity.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity ARISE METROPLITAN ASSEMBLY Charity registration number 1163366 Principal address 18 HARRIER CLOSE HORNCHURCH RM12 5LR
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mrs Grace O Akalonu Mrs Maruwa E Muteweri Mrs Edna Uloma Ahuama
3 of 12
ARISE METROPLITAN ASSEMBLY Report of the Trustees Continued For the year ended 30 June 2024
Independent examiner
CHRIS ATKINS SERVICES ONE LIMITED OFFICE 310, ACCESS SELF STORAGE UNIT 1, MERIDIAN TRADING ESTATE 20, BUGBY'S WAY LONDON SE7 7SF
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 10 April 2025 Mrs Grace O Akalonu
4 of 12
ARISE METROPLITAN ASSEMBLY Independent Examiners Report to the Trustees
For the year ended 30 June 2024
I report to the trustees on my examination of the accounts of the charitable company for the year ended 30 June 2024.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 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 Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
CHRIS ATKINS SERVICES ONE LIMITED OFFICE 310, ACCESS SELF STORAGE UNIT 1, MERIDIAN TRADING ESTATE 20, BUGBY'S WAY LONDON SE7 7SF
10 April 2025
5 of 12
ARISE METROPLITAN ASSEMBLY
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 30 June 2024
| Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Charitable activities 3/4 Evangelism Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 61,544 61,544 (69,107) (69,107) (7,563) 90,024 82,461 |
2023 £ 48,751 |
|---|---|---|
| 48,751 | ||
| (40,445) | ||
| (40,445) | ||
| 8,306 81,718 |
||
| 90,024 |
6 of 12
ARISE METROPLITAN ASSEMBLY Statement of Financial Position
As at 30 June 2024
| Notes Fixed assets Tangible assets 9 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 11 Total funds |
£ 2024 27,733 27,733 56,178 56,178 (1,450) 54,728 82,461 82,461 82,461 82,461 |
£ 2023 2,234 |
|---|---|---|
| 2,234 | ||
| 88,990 | ||
| 88,990 | ||
| (1,200) 87,790 |
||
| 90,024 | ||
| 90,024 | ||
| 90,024 | ||
| 90,024 |
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance
-
with section 476,
-
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting
-
records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mrs Grace O Akalonu Trustee 10 April 2025
7 of 12
ARISE METROPLITAN ASSEMBLY Notes to the Financial Statements
For the year ended 30 June 2024
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 Companies Act 2006.
ARISE METROPLITAN ASSEMBLY 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).
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing balance Computer Equipment 25% Reducing balance Motor Vehicles 20% Reducing balance Fixtures and Fittings 25% Reducing balance
2. Income from donations and legacies
| Unrestricted funds Donations received osts of charitable activities by fund type Unrestricted funds Evangelism Support costs osts of charitable activities by activity type Activities undertaken directly Evangelism |
2023 2024 £ £ 48,751 61,544 48,751 61,544 2023 2024 £ £ 39,245 67,657 1,200 1,450 40,445 69,107 2023 2024 £ £ 69,107 40,445 |
|---|---|
3. Costs of charitable activities by fund type
4. Costs of charitable activities by activity type
8 of 12
ARISE METROPLITAN ASSEMBLY Notes to the Financial Statements Continued
For the year ended 30 June 2024
| 5. Analysis of support costs Governance costs 6. Net income/(expenditure) for the year This is stated after charging/(crediting): Depreciation of owned fixed assets Accountancy fees 7. Particulars of employees Staff 8. Comparative for the Statement of Financial Activities |
2024 £ 1,450 2024 £ 7,178 1,450 2024 0 0 |
2023 £ 1,200 2023 £ 745 1,200 |
|---|---|---|
| 2023 0 |
||
| 0 | ||
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
9 of 12
ARISE METROPLITAN ASSEMBLY Notes to the Financial Statements Continued
For the year ended 30 June 2024
9. Tangible fixed assets
| Cost or valuation At 01 July 2023 Additions At 30 June 2024 Depreciation At 01 July 2023 Charge for year At 30 June 2024 Net book values At 30 June 2024 At 30 June 2023 |
Motor Vehicles £ - 30,995 30,995 - 6,199 6,199 24,796 - |
Fixtures and Fittings £ 4,697 - 4,697 4,150 137 4,287 410 547 |
Computer Equipment £ 5,807 1,683 7,490 4,120 843 4,963 2,527 1,687 |
Total £ 10,504 32,678 |
|---|---|---|---|---|
| 43,182 | ||||
| 8,270 7,179 |
||||
| 15,449 | ||||
| 27,733 | ||||
| 2,234 |
10. Creditors: amounts falling due within one year
| Accruals and deferred income | 2024 £ 1,450 1,450 |
2023 £ 1,200 |
|---|---|---|
| 1,200 |
11. Movement in funds
| Unrestricted Funds General General Unrestricted Funds - Previous year General General |
Balance at 01/07/2023 £ 90,024 90,024 Balance at 01/07/2022 £ 81,718 81,718 |
Incoming resources £ 61,544 61,544 Incoming resources £ 48,751 48,751 |
Outgoing resources £ (69,107) (69,107) Outgoing resources £ (40,445) (40,445) |
Balance at 30/06/2024 £ 82,461 |
|---|---|---|---|---|
| 82,461 | ||||
| Balance at 30/06/2023 £ 90,024 |
||||
| 90,024 |
10 of 12
ARISE METROPLITAN ASSEMBLY Notes to the Financial Statements Continued
For the year ended 30 June 2024
12. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 27,733 54,728 82,461 |
|---|---|
| 27,733 54,728 82,461 |
|
| Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 2,234 87,790 90,024 |
|
| 2,234 87,790 90,024 |
11 of 12
ARISE METROPLITAN ASSEMBLY Detailed Statement of Financial Activities
For the year ended 30 June 2024
| INCOME AND ENDOWMENT Donations and legacies Donations Total incoming resources EXPENDITURE Charitable activities Depreciation - owned assets Telephone Evangelism and Missions Motor and Travelling Repairs & Renewal Books & CD Printing Postage & Stationery Sundry Expenses Honorarium Charity & Donation Insurance Software Cost Welfare and Support Training seminars & workshops Professional Fees Light and Heat Website Parsonage Rates Hall Rent & Hire Expenses Food & Refreshments SUPPORT COSTS Governance costs Accountancy fees Total resources expended Net Expenditure |
£ 2024 61,544 61,544 61,544 (7,178) (3,500) (11,602) (3,942) (1,938) (1,061) (1,505) - (200) (1,560) (806) (473) (1,760) (900) (185) (3,814) (460) (16,400) (624) (6,991) (2,758) (67,657) (1,450) (1,450) (69,107) (7,563) |
£ 2023 48,751 |
|---|---|---|
| 48,751 | ||
| 48,751 (745) (4,041) (2,776) (4,110) (495) - (1,294) (180) - (610) (825) (190) (1,550) - - (3,102) (680) (15,600) (655) (910) (1,482) |
||
| (39,245) (1,200) |
||
| (1,200) | ||
| (40,445) | ||
| 8,306 |
12 of 12
This page does not form part of the statutory financial statements