CHAIUTABLE INCORPORATED ORGANISATION NUMBER: 1168646 REPORT OF THE TRUSTEES AND FINANCIAL STATEMEwfs FOR THE YEAR ENDED 31 MARCH 2025 FOR T AM THAT I AM MINISTRIES 729 HIGH ROAD SEVEN KINCS ESSEX IG3 8RL
I AM THAT I AM MINISTRIES CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trnstees 2to3 Independent Examlner's Report Statement of FinAncial Attivities Balance Sheet 6t07 Notes to the Financial Statements 8tolO
I AM THAT I AM MINISTRIE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report with the financiaI statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of accounting and reporting by the Charities: Statement of Recommended Practice (SORP) applicable to Charities preparing their account8 in accordance the Financial Reporting Standard applicable in th¢ UK and R¢publiG of Ircland (fRSI 02) (¢ffcctive l January 2019). REFERENCE AND ADMINISTIIATIVE DETAILS Registered Charitable Incorporated Organisation (CIO) CIO number 1168646 Registered office 729 141GFI ROAD SEVEN KINGS ESSEX IG3 8RL Trustees Valentine Chikwe GDdlyn Chikwe Imma Nwabude ChaÈr Trustee Trustee Bankers Bar¢lays Bank PIC Romford 2 ESSEX STRUCTURE, GOVERNANCE AND MANAGEMENT Coverning document l am That I am Ministries is a Charitable Incorporated Organisation Registered number 1168646 The Charitable Organisation was retsistered on 08 August 2016. Recruitment and appointment of new trustees The managenient of the ¢harity is vested in the Executive Committee Consisting of TnteeS and that any trustees are ol¢ct¢d by at the trustees Meeting called by the trustees or co-opted by the Charity Trustees in accordance Ivith the Charity constitution.
I AM THAT I AM MINISTRIES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRucfuRL GOVERNANCE AND MANAGEMENT Risk management The trustecs have a duty to identify and revieiv the risks to Ivhich the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and ¢rror. OBJECTIVES AND ACTIVITIES Objectives and aims The objects of the charity, as stated In its Constitutiorn are- (1> To advance the Christian religion in Greater London and beyond for the benefit of public through the holding of praycr mcctin& leclur&% public, celebration of religious festivals, producing andlor distribution of literatur¢ on the Christian faith to enlighten others about the Christian religion. (2) To provide and improve the conditions of life of vulnerable individuals througli provision of Social IveIfare, recreational and Leisure facilities. ACHIEVEMENT AND PERFORMANCE a) Holiling Prayer meetings And Worship services The Charity held the usual prayer meetings once a iyeek throughout the Period. This ivas attcnd¢d by about tiY¢nty members in around Romford and Greater London. b) Counselling & Evangelist Services Th¢ charity organised some counsclling and evangelist services during the ycar and these were attended by m¢mbors in need thorough out th¢ triod by residence in the Greater London area and beyond other supporters of the l am Ministries. c) Other Community & Social Activities Th¢re were some youth club and community proj¢cts held during tlie period. The Future of l Am That I Am Ministries The Charitable Incorporated organisation Ivould continue to work with the main Church to achieve the objectives of the chw"itable Incorporated company (CIO) and future development pro.jects. FINANCIAL REVIEW Reserves policy The trustees are aware that a prudent financial manag¢ment of the charity requires thal some funds are put aside for a 'rainy day". After considering the contractual obligations ofthe charity, such as premises and other leasing obligations the trustees. have decided that they Ivould r¢quire to hold funds in reserve. equivalent lo a minimum of six months total 0ratIng expenditure. This means a total of approximately £500 for the current financial year. The current level of fr reserves adequately satisfies the charity's reserves pol icy. The trustees plan to generate funds to increase the current level of Reserves. Funds in deficit No funds ar¢ Gurrently in deficit. Approved by order of the board of trustees on 25 September 2025 and signed on its behalf by: IIALENTINE CHIKWE (CHAIR)- TRUSTEE
INDEPETDENT EXAMINER'S REPORT TO THE TRUSTEES OF I AM THAT I AM MINISTRIES I report CIO trustees on the accounts for the year elided 31 March 2025 set out on pages six to eleven. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of tlie accouiits. The charitys trustecs consider tliat an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. Havints satisfied myself that the charity is not subject to audit under Charity law and is eligible for independent examination, it is my responsibility to: examine tlie accouiits under Section 145 of the 2011 Act follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 201 l Act). and state wliether particular matters Iiave come to my attention. Basis of the independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Coinmissioii. An examination includes a review of the accounting records kept by the charity and a coinparison of the accounts preseiited witli diose records. It also includes considcration of any unusual items or disclosures in the accounts, and seeking explanations froin you as trustees concerning any sucli Inatters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to wliether the accounts pr¢s¢nt a 'tru¢ and fair vi¢w ' and tli report is limited to those matters set out in the statements below. Independent examiner's statement In conneotioii with my examination, no matter lias come to my attentioii: whicli gives me reasoiiable cause to believe tha¢ in any material respect, the requiremeiits to keep accounting records in accordance with Section 130 of the Charities Act. and to prepare accounts which accord witli the accounting records, or the accounts did not comply witl1 the applicable accounting requirements concerning the form aiid contents of accountg set out iii the Charities (Accounts and Reports) Regulations 2008 other than any requirement that tli¢ accounts give a 'true and fair, view which is not a matter considered as part of ali independent examination. I have no concerns and have come across, no other matters in connection with tlie examination to wliich attention should be drawn in tliis report in order to enable proper understandiiig of the accounts to be I"¢ached. A SHARDOW FCCA JENNY ASSOCIATES CHARTERED CERTIFIED ACCOUNTANTS 73 HEATHFIELD DRIVE MITCHAM SURREY CR4 3RD Date: 25 September 2025
I AM THATJ MA MINISTRIES STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Toial funds Unrestricted fund Restrlcted fund Not e5 INCOMING RESOURCES Incoming resourees from generatcd funds Activitics for gcnGrnting Income Voluntary Income Charitable Income Investment income 600 600 550 Total incoming resources 600 600 550 RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income Charitable activities Charitable Activities Governance costs 500 500 500 Total resources expended 500 500 500 NET INCOMING/(OUTGOING) RESOURCES 100 100 50 RECONCILIATION OF FUNDS Total funds brought fonvard 1.620 1,620 1.570 TOTAL FUNDS CARRIED FORWARD 1.720 1,720 1.620 The notcs form part of these finan¢ial statements Page S
I AM THAT I AM MINISTRIES BALANCE SHEET AT 31 MARCH 2025 2025 Total funds 2024 Total funds Unrestricted fund Restricted fund Not FIXED ASSETS Tangibl¢ assets CURRENf ASSETS Debtors & Prepayments Cash at bank and in hand 2,220 2,220 2,120 2,220 2.220 2.120 CREDITORS Amounts t-alling due within one year (500) (500) (500) NET CURRENT (LIABILITIES)IASSETS J ,720 1,720 1,620 TOTAL ASSETS LESS CURRENT LIABILITIES 1,720 1,720 1,620 NET ASSETS 1.720 1,720 1.620 FUNDS Unrestricted funds- Surplus Restricted funds 1,720 1,620 1,720 1,620 TOTAL FUNDS The notes forn1 Part of these financial statements Page 6
T AM THAT I AM MINISTRIES BALANCE SHEET- CONTINUED AT 31 MARCH 2025 The charitable Irust is entitled to exemption from audit under Section 144(2) of Ihe Charities Act 2011 (the 201 l Act) for the year ended 31 March 2025. The members have nol required the charitable Incorporated Company to obtain an audit of its financial statements for the year ended 31 March 2025 in a¢¢ordance Ivith appropriat¢ Section ofthc Charities Act 201 l and the SORP. The trust¢cs acknoiYledg¢ their responsibilities for (a) ensuring that the Gharitable company kKps accounting r¢¢ords that comply iyiih the appropriate Sections of the Charities Act 2011 (the 2011 Act) and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial yaqr and of its surplus or deficit for each financial year in accordance Ivith the requirements ofthe Sections and which otheThvise comply with the requirements ofthe Charities Act 2011 relating to financial statements: so far a5 applicable to the charitable company. (b) Thes¢ financial statements have been prepared in accordance with the Charities SORP relating to small charitable companies and with the financiaE Rcporting Standard t'or Small¢r Entities. The financial statements were approved by the Board of Trustees on 25August 2025 and were signed on its behalf by: Valentine Chikwe (Chair) -Trust¢¢ Godlyn Chikiv¢ (Secretary) -Trustee The notes form part of these financial statements Page 7
I AM I AM MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YKAR ENDED 31 MAR H 2025 ACCOUNTING POLICIES Accounting Convention The financial statemenls have been prepared under the historical cosL convention, and in accordancc with th¢ Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practi¢¢, Accounting and Reporting by Charilies. Incolning resources All incorning resources are included on the Statement of Financial Activities iyhen tlie charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure is ac¢ounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs ¢annot b¢ directly attributed to particular headings. they hav¢ been allocated to activities on a basis conststcnt ivith the use of resources. Tangible fixed assets Depreciation is provided at the following annual ratcs in ordcr to Ivrite off each ass¢t over its estimated useful lif¢. lanL machinery Fixtures and fittings Com uter e ui ment 20/oon reducin balance 20 % on reducing balance 200/0 on reducin balance Taxation The charily is &Yempt from corporation tax on its charttable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes iyithin the objects of the ¢harity. R¢striGtions arise Ivhen specified by the donor or when funds are raised for particular rc5tricted purposes. -There are no currently any restricted funds held. Further explanation of the nature and purpose of each fund is included in the notcs to tlie financial statements, INVESTMENT INCOME 2025 2024 Interest rece2vable/Reivards NET INCOMINGI(OUTGOING) RESOURCES Net resources ar¢ stated after charginty(¢rediting): 2025 2024 Depreciation . owned assets TRUSTEES, REMUNERATION AND BENEFITS There ivere no trustees, remuneration or other benefits for the period ended 31 March 2025 and 31 March 2024. Trustees, expenses There Iv¢r¢ no trust¢¢s' ¢ipcnscs paid for the year ¢nded 31 March 2025 and the previous year 2024. Page 8
I THAT I AM MINISTTRIES NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 TANGIBLE FIXED ASSETS Motor Van Fixtures and fittings Other equipment Totals COST At l April 2024 and 31 March 2025 1.000 1,000 DEPRECIATION At l April 2024 Charge for year 1,000 1,000 At 31 March 2025 1,000. 1000 NET BOOK VALUE At 31 March 2024 At 31 March 2025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accrued Income 2,220 2,120 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accrued expenses 500 500 500 500 MOVEMENT IN FUNDS Net movement in funds At 1.4.24 At 31.3.25 Unrestricted funds General fund 1,620 100 1,720 Restricted funds Restricted fund TOTAL FUNDS 1,620 100 1,720 Page 9
I AM THAT I AM MINISTRIES NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS- Continued Net movement in funds, included in the above are as follows: Incoming resourc¢s Resources Movement in ¢xpend¢d funds Unrestricted funds General fund 600 (500) 100 Restricted funds Restricted fund (o) TOTAL FUNDS 600 (500) 100 This pa8e does fonn part of the statutory financial statements Page 10