## **ARK OF GOD REVIVAL MINISTRIES** **TRUSTEES' ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **ARK OF GOD REVIVAL MINISTRIES** ## **TRUSTEES' ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** |**Contents**|**Page**| |---|---| |Administrative Information|1| |Report of the Trustees|2-3| |Receipt and Payment Account|4-5| |Notes forming part of the Accounts|6| ## **ARK OF GOD REVIVAL MINISTRIES** **TRUSTEES' ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** **----- Start of picture text -----**
Reference & Administration Information
Charity Name: ARK OF GOD REVIVAL MINISTRIES
1166699
Charity Registration Number :
Registered Office and
Operational Address:
32 Mallard Road
Barking
IG11 0GY
Trustees:
Innocent Ikechukwu
Anthony Teshola
James Osuji
Bankers: Barclays Bank
Page 1
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## **ARK OF GOD REVIVAL MINISTRIES** ## **TRUSTEES' ANNUAL REPORTS AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **Structure, Governance & Management** The Trustees, are pleased to present the annual report together with accounts for the year ended 31 December 2024. The Charity was registered with the Charity Commission on the 22nd of April 2016 as a Charitable incorporated Organization- CIO. It adopted the CIO Association model Constitution. New trustees are appointed based on the procedures laid down in its constitution. ## **Members of the Board of Trustees** Members of the Board of Trustees, and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 1. ## **Objectives & Activities** The charity is established with a primary objective: a. To advance the Christian Faith in accordance with its Statement of belief in UK and the world. b. To relieve persons who are in condition of need or hardship or who are aged or sick and to relieve distress caused thereby in the said locations as the trustees may from time to time think fit. These objectives are charitable and we operate mainly for the public good and benefits. The charity achieves its objectives by organizing several church meetings within the year, and this is open to the public and its members to learn of the Christian faith. Also to be empowered to impact their local communities positively. ## **Achievements & Performance** ## **Statutory Declaration** The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties. ## **Major Events during the year** The charity carried out all its regular activities in the year under review. It also worked in collaboration with other charities to organize events. in the community. Key events during the year are: * Celebration services were held weekly through out the year. * The charity organized other events from time to time, prayer meetings and evangelism outreaches were also held during the year. Ark of God Revival Ministries is a family focused charity. As a result, most of our programs are tailored towards the holistic development and support of the family unit. Training, conferences and workshop were held for the benefit of the community. ## **Financial Review** The principal funding sources for the charity is currently from individuals by way of Donations through Sunday and other church service activities. During the year the charity has not received any donations nor made any incomes. Page 2 ## **ARK OF GOD REVIVAL MINISTRIES** ## **TRUSTEES' ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **Reserve and Investment Policy** It is the objective of the charity to ensure unrestricted funds are kept at a level which provides sufficient funds to cover management, administration and support costs on an on-going basis. Based on the charity's size, the context of future plans, the level of our financial commitments and contractual obligations held. It's our policy to maintain unrestricted reserves of not less than equivalent of three months recurrent expenditure. The Charity has a policy of keeping any surplus liquid fund in short-term deposits which can be readily accessed and where the capital is protected. The objective of the investment policy is to maximize interest while limiting risk. This policy is adopted as the surplus funds are expected to be used in the near future to fund future commitment. ## **Risk Management** The Trustees have conducted a review of the major risks which the charity is exposed, in particular those to operations and finances of the charity. The Trustees review the risk regularly at their meetings and are satisfied that systems are in place to mitigate the Charity's exposure to major risks. Appropriate checks, for example DBS, supported by relevant training and regularly reviewed policies are made for all those who work with children or other vulnerable groups within the Charity. Where appropriate, systems have been established to mitigate the risk the charity faces. Significant external risks to funding have led to the development of a strategic plan which will allow for the diversification of funding activities. Internal control risks are minimized by the implementation of procedures for authorization of all transactions. ## **Statutory Notes to the Accounts** ## **Particulars of Any Outstanding Guarantee Given by the CIO** There is no potential liability under a guarantee given by the CIO which is outstanding at the date of the statement of assets and liabilities ## **Particulars of Any Outstanding Debt** There is no money which is owed by the CIO at the date of the statement of assets and liabilities and which is secured by an express charge on any of the assets of the CIO ## **Declaration** In accordance with charity law, as trustees, we certify that: So far as we are aware, there is no relevant information of which the charity's accountants are unaware; and as the trustees of the charity we have taken all steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the Charity's accountants are aware of that information. ## **Approval** This report was approved by the board of Trustees and signed on their behalf by: **Innocent Ikechukwu Trustee Date: 01 November 2025** Page 3 ARK OF GOD REVIVAL MINISTRIES Charity No 1166699 Company No Annual accounts for the period Period start date **01/01/2024 To** Period end date **31/12/2024** ## **Section A Statement of financial activities (including summary income and expenditure account)** |**Recommended categories by activity**
Guidance
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
**_Total_**
S07
**Expenditure (Notes 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material expense item
S10
Other
S11
**_Total_**
S12
**Net income/(expenditure) before tax for the**
**reporting period**
S13
Tax payable
S14
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
S15
Net gains/(losses) on investments
S16
**Net income/(expenditure)**
S17
**Extraordinary items**
S18
**Transfers between funds**
S19
**Other recognized gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s
own use
S20
Other gains/(losses)
S21
**_Net movement in funds_**
S22
**_Reconciliation of_**
**_funds:_**
Total funds brought forward
S23
**_Total funds carried forward_**
S24
Note|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Endowment**
**funds**
**£**
F03|**Total funds**
**£**
F04|**Total funds**
**£**
F04|**Prior year**
**funds**
**£**
F05| |---|---|---|---|---|---|---|---| ||-|-||-||-|-| ||-|-||-||-|-| ||-|-||-||-|-| ||-|-||-||-|-| ||-|-||-||-|-| ||-|-||-||-|-| ||-|-||-||-|-| ||||||||| ||-|-||-||-|-| ||||||||| ||0|-||0||0|38| ||||||||| ||-|-||-||-|-| ||0|-||0||0|38| ||||||||| ||||||||| ||||||||| ||0|-||||0|-
38| ||-|-||-|-||-| ||||||||| ||||||||| ||0|-||||0|-
38| ||-|-||-|||-| ||||||-||| ||0|-||||0|-
38| ||-|-||-|-||| ||-|-||-|-||-| ||||||||| ||-|-||-|-||-| ||-|-||-|-||-| ||0|-||||0|-
0| ||||||||| ||-|-||-||0|-
71| ||-|-||||0|-
109| Page 4 ARK OF GOD REVIVAL MINISTRIES Charity No 1166699 Company No ## **Section B Balance sheet** |Guidance Note
**Fixed assets**
**Intangible assets**
**(Note 15)**
B01
**Tangible assets**
**(Note 14)**
B02
**Heritage assets**
**(Note 16)**
B03
**Investments**
**(Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks**
**(Note 18)**
B06
**Debtors**
**(Note 19)**
B07
**Investments**
**(Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors:amounts falling due within**
**one year**
**(Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors:amounts falling due after one**
**year**
**(Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds(Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income**
**funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**£**
F04|**Total last**
**year**
**£**
F05| |---|---|---|---|---|---| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||2,938|-|-|2,938|2,938| ||-|-|-|-|-| ||-24|-|-||-24| |||||-24|| ||2,914|-|-|2,914|2,914| ||||||| ||-|-|-||-| |||||-|| ||||||| ||2,914|-|-|2,914|2,914| ||||||| ||2,914|-|**-**|2,914|2,914| ||||||| ||2,881|-|-||2,881| |||||2,881|| ||-|-|-|-|-| ||||||| ||-
33|-|-|-
33|- 33| ||||||| ||-|||-|-| |||-|-|-|-| |||||-|-| |||||-|| ||||||| ||||||| ||-
33|-|-|- 33|- 33| _**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_ _**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_ _**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_ _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.**_ Page 5 CC17a (Excel) 7 **ARK OF GOD REVIVAL MINISTRIES** ## **TRUSTEES' ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **Notes forming part of the financial statements for the year ended 31 December 2024** ## **(a) Basis of Accounting** The accounts have been prepared using the receipt and payment method in accordance with Charities Act 2011. ## **(b) Fund Accounting** Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their use as imposed by the donor or through the terms of an appeal. Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. Receipts are classified under Tithes, offerings because as a church these are the main types of donation given by individuals ## **(c) Staff** The Charity has no employee during the accounting years under review. All its work has been managed by Volunteers during this financial year. ## **(d) Public Benefit** The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public 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. Page 6