## **Charity Number: 1172503**
# **Cross Ministries Trustees report and financial**
**Statements**
**For the period ended 31[st] January 2025**
## **Cross Ministries**
## **Contents**
## **Page**
## 1. Legal and administrative information 1
2. Trustees report
- 2
3. Statement of financial activities 3
## 4. Balance sheet
- 4
5. Notes to the financial statements 5-6
6. Income and expenditure account 7
## **Cross Ministries**
# **Legal and administrative information**
Charity number 1172503 Registered office 14 Vane
14 Vane Close, Harrow, HA3 9XD
Trustees
Atul Labale (Chair) Maria Augusta Trindade Fernandes Perpetua Fernandes
Bankers
HSBC
## **Cross Ministries Report of the trustees for the year ended January 2025**
The trustees present their report and the financial statements for the period ended January 2024. The trustees who served during the year and up to the date of this report are set out on page 1.
## **Annual Report of Cross Ministries 2024/2025**
Our charity’s objectives are to promote and advance Christian culture and religion according to special traditions prevailing in the countries where Christianity is practiced. In addition, we also support the local community in the Cross Ministries and its suburban areas essentially in understanding the Konkani, Gujrati, English and local culture and in turn integrating the displaced into the local community seamlessly by:
- conducting classes
- promoting cultural performances
- organising social events
In addition the charity is geared to relieve hardships endured by the members and others by providing food, clothing, counselling and other services to those in need as well as providing support for other organisations that help people suffering.
## **Saturday Church Service:**
Every Saturday at 1:30 pm we meet to have our main church service where around 50 people attend our service.
1:30 pm – 2:30 pm
Worship, this is led by our worship team. We sing around 9-10 worship songs during which people are given a chance to pray individually.
2:30pm – 2:45pm Announcements and offering take place. 2:45pm – 3:45pm The preacher then preaches for an hour. We end the service by sharing Communion. 4pm
Tea/ Coffee is served alongside food; some people pray with the leaders while others fellowship together.
All church services are held at Cross Restaurant 550 High road, HA0 2AA.
## **Monday:**
We have a bible study time youth
## **Thursday:**
We visit Northwick Park Hospital to pray for the sick during the day.
## **Friday:**
We distribute food for the homeless who live on the streets of London, It is different places each Friday, like Kings Cross, Euston, Waterloo, Wembley, etc.
## **Food Donations:**
We donate food and groceries to many families in need in the borough of Brent
On behalf of the board **Atul Labale (Chair )**
**Cross Ministries**
## **Statement of financial**
## **activities**
|**activities**|**activities**|**activities**|
|---|---|---|
|**For the period ended 31st January**
**Unrestricted funds**
**2025 total**|||
||(£)|(£)|
|**Incoming resources**|||
|Incoming resources from generating funds|||
|Voluntary Income|40651.49|40651.49|
|Loan (Covid)|||
|Balance brought forward|13628.85|13628.85|
|**Total incoming resources**|**54280.34**|**54280.34**|
|**Resources expended**|||
|Premises costs/ hall hire|30795|30795|
|Priest expenses|||
|Accountancy fees|||
|Hospitality costs|2000|2000|
|Cleaning/Printing & Stationary expenses|||
|Worship ministry|||
|Overseas missions|2610|2610|
|Children’s church expenses|351.88|351.88|
|Homeless & Evangelism|||
|Gift expenses|||
|Church needs/ Fire & Safety / Insurance|5654.34|5654.34|
|Bank Charges|155.4|155.4|
|Church service|||
|**Government loan repayment**|1597.32|1597.32|
|**Total resources expended**|43163.94|43163.94|
|Net movement in funds|||
|Total funds carried forward|11116.4|11116.4|
## **Cross Ministries Balance sheet 31[st] January**
## **2025**
## **2025**
**£**
|**£**||
|---|---|
|**FixedAssets**||
|Tangibleassets||
|**CurrentAssets**||
|Debtors|00.00|
|~~Cash~~at bank and in hand||
||11116.4|
|Creditors: amounts failing
due within one year|**11116.4**
00.00|
|Net current assets||
|11116.4||
**Net assets** 11116.4
## **Funds**
Unrestricted income funds 11116.4
**Total funds 11116.4**
The financial statements were approved by the trustees on 24[th] October 2025
**ATUL LABALE Maria Augusta Trindade Fernandes**
## **Cross Ministries Notes to financial statements for the period ended 31[st] January 2025**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.
## **1.1 Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
## **1.2 Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grant, donation and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Income from investments is included in the year in which it is receivable.
## **1.3 Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
1.4 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows;
Fixtures, fittings and equipment -Depreciation is based on assets.
## **Cross Ministries Notes to financial statements for the period ended 31[st] January 2025**
**Unrestricted Unrestricte d Funds** (£) **2. Voluntary income Funds** (£) Donations received from 40651.4 members 40651. 9 49 **2025 Unrestrict Total 3. Investment income ed Funds** (£) (£) **-** Other interest receivable **4. Debtors 2025** Unpresented cheques (£) 00.00 **5. Creditors -** Loan to members **2025** (£) **6. Government loan received -** 00.00 00.00 00.00
## **Cross Ministries**
## **Income and expenditure account For the period ended 31[st] January 2025**
**Note s 2025** (£) Income 54280.34 Operating expenditure 43163.94 Operating surplus 11116.40 Other income - Interest receivable and similar income - Balance brought forward from previous year - 13628.85 Retained surplus for the financial year 11116.40