Mountain of Fire and Miracles Ministries
Goshen Assembly
REPORT
AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDING 31 DECEMBER 2024
Charity No: 1168209
Mountain of Fire and Miracles Ministries Goshen Assembly
| CONTENTS | CONTENTS | Pages | |
|---|---|---|---|
| Reference and administrative details | 1 | ||
| Trustees’ report | 2 - 6 | ||
| Independent Examiner’s Report | 7 - 8 | ||
| Statement of Financial activities | 9 | ||
| Balance sheet | 10 | ||
| 11 - 19 |
Mountain of Fire and Miracles Ministries Goshen Assembly For the year ended 31 December 2024
Reference and Administrative Information
Charity Name:
Mountain of Fire and Miracles Ministries Goshen Assembly
Charity Registration Number: 1168209
25 Yew Tree Close
CFS 3TS
Trustees
Sikiru Taiwo Kassim, Chairman – Appointed 4 Nov 2022 Adeshina Adenusi, Trustee – Appointed 4 Nov 2022 Ayobami Oladejo, Trustee – Appointed 4 Nov 2022 Kolapo Alonge, Trustee - Appointed 5 Apr 2024 Oluwabukola A Olaleye, Trustee – Appointed 5 Apr 2024
Bankers
Metro Bank 40-44 Queen St Davids Centre CF102BX
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MOUNTAIN OF FIRE AND MIRACLES MINISTRIES GOSHEN ASSEMBLY BOARD OF TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
- • •
Objectives and Activities
registered with the Charity Commission on 13 July 2016. The year under review marks the eighth year of our operations as a registered charity. The Trustees are satisfied with the Charity’s overall performance, particularly considering the challenges experienced in the previous year.
Our Pastor
evangelism team regularly visits public areas including streets, town centres, and shopping malls to share
MOUNTAIN OF FIRE AND MIRACLES MINISTRIES GOSHEN ASSEMBLY BOARD OF TRUSTEES REPORT (Cont’d) FOR THE YEAR ENDED 31 DECEMBER 2024
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Worship and prayer, fostering spiritual growth and encouraging the practice of Gospel of Jesus Christ
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The Charity also furthers its charitable purposes for the public benefit through a range of community based initiatives and support for government programs. This includes organising and sponsoring programmes and - seminars aimed at educating community members on the importance of being law abiding citizens,
Volunteers
To support and protect them, MFM Goshen Assembly has implemented a comprehensive Health and - Safety Policy, along with detailed procedures to ensure their ongoing well being and safety in all aspects of
Achievements and Performance
Review of Activities
The Charity seeks to further enhance public benefit by interacting more with the local community where we operate through charitable giving, outreach programmes, support for community initiatives, and other - social related programmes.
centres forface -toface church service throughout 202 4 . To continue growing its membership, community - evangelism and the distribution of faith based publications within the community were embarked upon.
- The Pastoral Team also offers weekly counselling services for both members and non members alike.
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MOUNTAIN OF FIRE AND MIRACLES MINISTRIES GOSHEN ASSEMBLY BOARD OF TRUSTEES REPORT (Cont’d) FOR THE YEAR ENDED 31 DECEMBER 2024
community. As part of The Charity collaborative work with other organisations, Gwent Police Community Integration Team was engaged by the Charity to give a talk on, community policing and fostering positive relationship with diverse communities.
place of worship at its operational headquarters in Cardiff, South Wales, it went into investment Re hoboth Property Group with the aim of utilising the invested fund to acquire property at maturity.
coming year. The Charity will explore further ways to continue making a positive impact within the
Fundraising Activities/ Income Generation
FINANCIAL REVIEW
GOING CONCERN
the financial statements. Further information on the application of the going concern assumption is
RESERVES POLICY
- £95,195 and a net surplus of £2,265. As at the year surplus primarily reflects the Charity’s strategic
4
MOUNTAIN OF FIRE AND MIRACLES MINISTRIES GOSHEN ASSEMBLY
FOR THE YEAR ENDED 31 DECEMBER 2024
Structure, governance and management
CONSTITUTION
governing document is the Constitution, dated July 13, 2016. The main objective of the Charity which the Charity was to further the advancement of the Christian religion through Christian meetings, seminars, conventions, crusades, theological education, evangelical training, counselling, and sponsoring of -el
Election and Appointment of Trustees
TRUSTEES INDUCTION AND TRAINING
ORGANISATION STRUCTURE AND DECISION-MAKING
5
MOUNTAIN OF FIRE AND MIRACLES MINISTRIES GOSHEN ASSEMBLY BOARD OF TRUSTEES REPORT (Cont’d) FOR THE YEAR ENDED 31 DECEMBER 2024
RISK MANAGEMENT
FUTURE DEVELOPMENT
- a life changing impact in society, establish more branches, take advantage of social media and continue
TRUSTEES’ RESPONSIBILITIES STATEMENT
-
•
ent
dissemination of financial statements may differ from legislation in other jurisdictions.
This report was approved by the trustees on Aug 11, 2025
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MOUNTAIN OF FIRE AND MIRACLES MINISTRIES GOSHEN ASSEMBLY
I report on the accounts of the charity for the year ended 31 December 2024, which are set out on pages 9 to 10.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity’s trustees are responsible for the preparation of the accounts. The trustees have and that the charity is eligible for an independent examination.
examination, it is my responsibility to:
-
Act.
-
State whether any matters have come to my attention as outlined in those Directions.
BASIS OF INDEPENDENT EXAMINER'S STATEMENT
and a comparison of the accounts presented with those records. It also involved consideration of any unusual items or disclosures in the accounts and the seeking of explanations from the trustees regarding such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and therefore no audit opinion is expressed on the accounts. Accordingly, this report is limited to the matters set out in the statement below.
INDEPENDENT EXAMINNER'S STATEMENT
In connection with my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that in any material respect:
-
accounting records have not been kept in accordance with section 130 of the
-
the accounts do not accord with those records or fail to comply with the applicable
7
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the accounts are not consistent with the methods and principles set out in the
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Or to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
………………………………………………………….
Mqsp Limited Masp Limited 12 Balata Way 12 Balata Wavy Basingstoke RG24 9YP
Date: 11 August 2025
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Mountain of Fire and Miracles Ministries Goshen Assembly Statement of Financial Activities For the year ended 31 December 2024
| INCOME FROM: Note Donations and Legacies 2 Charitable activities Other trading activities Bank & Deposit interest Investment income 3 TOTAL INCOME EXPENDITURE ON: 4,5 Costs of generating funds Charitable activities Governance costs TOTAL EXPENDITURE 6 NET INCOME BEFORE OTHER RECOGNISED GAINS AND LOSSES NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS C/F |
Unrestricted Funds 2024 £ 94,222 - - - 973 95,195 95,195 91,330 1,600 92,930 2,265 2,265 12,615 14,880 |
Restricted Funds 2024 £ 40,538 - - - 211 40,749 40,749 4,400 - 4,400 36,349 36,349 - 36,349 |
Total Funds 2024 £ 134,760 - - - 1,184 135,944 135,944 95,730 1,600 97,330 38,614 38,614 12,615 51,229 |
Total Funds 2023 £ 59,823 - - - - |
|---|---|---|---|---|
| 59,823 | ||||
| 59,823 | ||||
| 119,994 - |
||||
| 119,994 | ||||
| (60,171) (60,171) 72,786 |
||||
| 12,615 |
All activities relate to continuing operations. The notes pages 11 to 19
9
Mountain of Fire and Miracles Ministries Goshen Assembly Balance Sheet As at 31 December 2024
| Note FIXED ASSET Tangible assets 13 CURRENT ASSETS Debtors 14 Cash in hand and at bank Investments CREDITORS:amount falling due within one year. 15 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS:amount falling due after 16 more than one year NET ASSETS CHARITY FUNDS Unrestricted funds 10 Restricted funds 10 TOTAL FUNDS |
2024 £ £ 16,689 35,000 51,689 (460) 51,229 51,229 - 51,229 14,880 36,349 51,229 |
2023 £ £ 12,615 - 12,615 - 12,615 12,615 - 12,615 12,615 - 12,615 |
2023 £ £ 12,615 - 12,615 - 12,615 12,615 - 12,615 12,615 - 12,615 |
|---|---|---|---|
| 12,615 - |
|||
| 12,615 | |||
| 12,615 - 12,615 |
and signed on their behalf by
Mr Sikiru Taiwo Kassim, Chairman
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Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
Accounting Policies
1.1 Basis of preparation of financial statements
accompanying notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities (2015), applying the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), issued in July 2014, and the requirements of the Charities Act 2011.
1.2 Fund accounting
General funds
Designated funds
Restricted funds
activities or projects. All related costs, including those for fundraising and administration, are
1.3 Income Recognition
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Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
to the charity based on the amount the charity would have paid to obtain equivalent services or facilities on the open market with a matching amount recorded as expenditure in the same
1.4 Expenditure
functions such as project management carried out at the headquarters. Governance costs relate
Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
- conditions are fulfilled. Conditional grants not yet met at the year end are disclosed as
1.5 Going concern
activities for the foreseeable future and that there are no material uncertainties affecting its ability
1.6
1.7 Interest Receivable
1.8 Operating leases
- straight line basis over the term of the lease, regardless of the timing of actual payments.
13
Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
1.9 Debtors
1.10 Cash at Bank and in hand
-
Cash at bank and in hand includes cash balances and short term highly liquid investments with
1.11 Liabilities and Provisions
- time value of money is material, the provision is discounted using a pre tax rate reflecting the specific risks associated with the liability. The unwinding of the discount is recognised as interest payable and similar charges.
1.12 Financial Instruments
for bank loans, which are measured at amortised cost using the effective interest method.
1.13 Critical accounting estimates and areas of judgement
Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
2. Income from Donations and Legacies
3. Investment Income
4. Direct Costs
----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2024 2024 2024 2023
£ £ £ £
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2024 2024 2024 2023
£ £ £ £
-
Basis of Charitable Total Total
Allocation Activities 2024 2023
% £ £ £
- -
1
- - -
1
----- End of picture text -----
Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
5. Support Costs
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Basis of Charitable Total Total
Allocation Activities 2024 2023
% £ £ £
-
- -
- -
- -
-
- - -
1
- - -
1
----- End of picture text -----
6. Analysis of Resources Expended
By Expenditure type
| Staff Cost 2024 £ - - |
Depreciation 2024 £ - - |
Other Costs 2024 £ |
Total 2024 £ |
Total 2023 £ - |
|---|---|---|---|---|
7. Income
8. Net incoming resources for the year
s
Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
9.
| 2024 £ - - - |
2023 £ - |
|---|---|
10. Statement of Funds
| Unrestricted Funds - Restricted Funds - Summary of Funds |
Balance at 01-Jan-24 £ - |
Income £ - |
Expenditure £ - |
Balance at 31-Dec-24 £ - |
|---|---|---|---|---|
| - | ||||
| Balance at 01-Jan-24 £ - |
Income £ |
Expenditure £ |
Balance at 31-Dec-24 £ |
Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
| Unrestricted Funds - Restricted Funds - Summary of Funds |
Balance at 01-Jan-23 £ - Balance at 01-Jan-23 £ |
Income £ - Income £ |
Expenditure £ - Expenditure £ |
Balance at 31-Dec-23 £ - |
|---|---|---|---|---|
| - | ||||
| Balance at 31-Dec-23 £ - |
Mountain of Fire and Miracles Ministries Goshen Assembly Notes to the Financial Statements For the year ended 31 December 2024
11. Analysis of Net Assets between funds
| Unrestricted | Restricted | Total | Total |
|---|---|---|---|
| Funds | Funds | Funds | Funds |
| 2024 | 2024 | 2024 | 2023 |
| £ | £ | £ | £ |
| - | - | - | - |
| - | - | ||
| - | - | - | - |
12. Analysis of Cash and Cash Equivalents
| nts | |
|---|---|
| 2024 | 2023 |
| £ | £ |
| - |
13. Tangible Fixed asset
14. Debtors
15. Creditors: Amount falling due within one year
16. Creditors: Amounts falling due after more than one year
17. Contingent Liabilities
19