2024-03-31-accounts - Christian Family Fellowship

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

CHARITY NUMBER: 1142018

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

REPORT AND FINANCIAL STATEMENTS FOR

YEAR ENDED 5TH APRIL 2024

J & T LEXINGTON SERVICES LIMITED

8 HOLME CLOSE, REDHILL GRANGE WELLINGBOROUGH NN9 5YF

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

	Page
CONTENTS	2
Charity information	3
Trustee’s Report	4
Independent Examiner’s report	5
Income and Expenditure Account	6
Balance Sheet	7
Notes to the Accounts	8 – 10

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Number 1 142018

Registered office

138 HOLMBURY GROVE FEATHERBED LANE CR0 9AQ

Trustees

REV. JOSEPH KOJO ARMAH YAW ACKON HAMMOND AGYEKUM ISAAC ACHINA KWAME POKU

Accountants

J & T Lexington Services Limited 8 Holme Close Redhill Grange Wellingborough NN9 5YF

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

Trustees’ Report

The Trustees have pleasure in submitting their report, and accounts for the year ended 5[th] April 2024. The financial statements have been prepared in accordance with the accounting policies set out on page 8, and comply with the statement of recommended practice.

Constitution, objective of the charity, principal activity.

The charity is governed under a constitution dated 24[th] April 2011 with UK registered charity no. 1142018.

The objectives of the charity as set out in the Declaration of trust are:

1. The advancement of Christian faith.

2. Training and taking care of the disadvantaged.

The ministry is involved in Christian outreach programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ.

Review of the financial position

The charity made a surplus for the year amounting to £14,103. (2023: £3,718).

Approval

The report was approved by the board of trustees on …………… 2024 and signed on their behalf by:

________ Yaw Ackon

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

Independent Examiner’s Report

To the Trustees

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

I report on the accounts of the church for the year ended 5[th] April 2024 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the charity are responsible for the preparation of the accounts. The charity’s trustee consider that 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.

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:

1) Examine the accounts under section 145 of the 2011 Act.
2) Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act) and
3) To state whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met reasonable requirements to ensure that:
proper accounting records are kept (in accordance with section 41 of the Act)
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Joseph Kinuthia CPA, DMS, MBA J & T Lexington Services Ltd

8 Holme Close, Redhill Grange Wellingborough NN9 5YF

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

Statement of financial activities for the year ended 5[th] April 2024 Incorporating the Income and Expenditure Account

Note Incoming Resources Incoming resources from generated funds Tithes & offerings 2 Gift aid Total Incoming Resources Resources expended Charitable activities Rent Insurance Conferences&Refreshments Telephone & Postage Travel, accommodation & allowances Gifts & Donations Media, Printing & Stationery Repairs Professional fees Depreciation of fixed assets Total resources expended Governance cost Net incoming/ (outgoing) resources Balance carried forward at 5th April 2024	2024 £ 32,966 7,681 40,647 5,760 3,313 702 15 9,435 650 653 844 1,170 3,673 26,215 329 26,544 14,103 14,103	2023 £
		25,177 6,137
		31,314
		5,760 2,648 547 83 8,767 2,826 1,166 - 731 4,817
		27,345 251
		27,596 3,718
		3,718

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

Balance Sheet as at 5[th] April 2024

Fixed assets Tangible fixed assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors-amounts falling due within one year 5 Net current assets/(liabilities) Net assets Represented by: Funds of the charity Reserves Net incoming resources Total funds	2024 £ 11,456 26,766 99,378 126,144 (329) 125,815 137,271 123,168 14,103 137,271	2023 £
		14,689 20,982 87,748
		108,730 (251) 108,479
		123,168
		119,450 3,718
		123,168

The financial statements were approved by the Trustees on ……………2024 and signed on their behalf by:

Yaw Ackon …………………………….

Trustee

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

Notes to the financial statements for the year ended 5[th] April 2024

1. Accounting policies

a) Accounting basis

These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993 and the Statement of Recommended Practice on Accounting by Charities published in March 2008. The adoption of the revised SORP has resulted in reclassification of some items.

b) Incoming resources

i) Voluntary income

Voluntary income is received by way of Tithes offerings, donations and gifts and is included in full in the Statement of Financial Activities when receivable.

c) Resources expended

All expenditure is accounted for on an accruals basis.

d) Restricted and unrestricted funds

Income received for restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds are those funds which represent grants and donations for a specific purpose. Upon full performance of the purpose of the grant, any surplus is then retrievable by the donor. Income generated for the objects of the charity without further specified purpose is allocated to unrestricted funds. Accumulated surpluses may be retained by the church and are expendable at the discretion of the trustees in furtherance of the church’s objects. There were no restricted funds during the year.

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

Notes to the financial statements for the year ended 5[th] April 2024

1. Accounting policies (continued)

e) Designated funds

Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion. There were no designated funds during the year.

g) Irrecoverable VAT

The church is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.

h) Cash Flow

The church has taken advantage of the exemptions in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small church.

2. Incoming resources from generated funds

Tithes and offerings Gift aid accrued	Unrestricted £ 32,605 7,681 40,286	Restricted £ - - -	Total funds 2024 £
			32,605 7,681
			40,286

CHRIST'S PEACE & LOVE EVANGELISTIC MINISTRIES INTERNATIONAL UNITED KINGDOM

3. Tangible fixed assets

Cost At 1st April 2023 Additions At 31st March 2024 Depreciation At 1st April 2023 Charge At 31st March 2024 Net book value 2024 Net book value 2023	Church Van £ 19,048 - 19,048 4,762 3,572 8,334 10,714 14,286	Church Equipment & Instruments £ 617 440 1,057 214 101 315 742 403	Total £
			19,665 440
			20,105
			4,976 3,673
			8,649
			11,456
			14,689

4. Debtors

HMRC – Gift aid Members	2024 £ 7,681 19,085 26,766	£ 2023 £
		6,137 14,845
		20,982

5. Creditors

Accountancy fees	£ 329
	329