2024-04-30-accounts - Divine Intervention Ministries

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DIVINE INTERVENTION MINISTRIES

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[TH] APRIL 2024

CHARITY NUMBER: 1174180

DIVINE INTERVENTION MINISTRIES 4 LOWER HAZELDINES MARSTON MORETAINE BEDFORD MK43 0TF

INDEX Page Index 1 Trustee’s Report 2 – 3 Independent Examiner’s Report 4 Receipts and Payments Account 5 Statement of Assets and Liabilities 6 Notes on the financial Statements 7

DIVINE INTERVENTION MINISTRIES

TRUSTEES’ REPORT YEAR ENDED 30[TH] APRIL 2023

The trustees are pleased to present their report for the year ended 30[th] April 2023 for the charity, Divine Intervention Ministries with charity number 1174180.

The Trustees of the charity are: Mr Geoffrey Kasoo Simba Mr Shaldar Kalyan Ms Eunice Safoah Brenya Mr Shangara Teji

The principal address of the charity is: 4 Lower Hazeldines Marston Moretaine, Bedford MK43 0TF

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO – Foundation Constitution registered 8[TH] August 2017.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation continues to hold successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation also continues to hold outreach meetings during the year in which attendants benefited greatly. They have now moved their services from Zoom to hired premises where they hold their regular Sunday services. The organisation also sponsored Christian ministry work in Kenya and this brought good results of progress in the year.

FINANCIAL REVIEW

The income of the charity is above £29,500. This is a good amount for this first year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the premises it uses for its meetings and the mission expenses for donations to branch churches in Kenya.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the applicable accounting standards have been followed.
Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 2[nd] September 2024 and signed on their behalf by:

Independent Examiner’s Report To the Trustees

DIVINE INTERVENTION MINISTRIES

I report on the accounts of the church for the year ended 30[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 church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

Examine the accounts under section 145 of the 2011 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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 the requirements to ensure that:
proper accounting records are kept( in accordance with section 130 of the 2011 Act
accounts are prepared which agree with the accounting records and comply
with the accounting requirements of the 2011 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.

CHUKS AJUKA BSc(Man), FICB PMDip FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH

DIVINE INTERVENTION MINISTRIES

ACCOUNTS FOR THE YEAR ENDED 30th April 202

1 Receipts & Payments Account (General Purpose Fund)

Income Receipts Donations Grants Total Receipts Direct Charitable Expenditure Hall Hire Pastoral Wages Stationery & Printing Bank charges Accounting Services Speakers expenses Mission Repairs Welfare Mission house rent Honorarium Other Expenditure Equipment Instruments Total Payments Net Receipts/(Payments) for the year Cash Funds brought forward Cash Funds at the end of the year	£/ 2024 £/ 2023 29585 30263 0 0
	29585 30263
	6975 7335 20800 24000 75 240 162 114 540 460 0 0 685 900 0 0 0 4580 650 7800 0 200
	29887 45629 0 0 0 2119
	0 2119 29887 47748 -302 -17485 792 18277
	490 792

DIVINE INTERVENTION MINISTRIES

Statements of Assets and Liabilities at 30th April 2024	Statements of Assets and Liabilities at 30th April 2024	Statements of Assets and Liabilities at 30th April 2024
Monetary Assets
Cash Funds	Unrestricted Funds
	£/2024	£/2023
	£	£
Cash at hand and in bank	490	793
Total Cash Funds	490	793
Assets Retained for the
Charity's Own use
Non-monetary Assets and Liabilities
Musical Instruments	1653	2066
Equipments	131	164
Fixtures & Fittings	14	17
	1798	2247
Liabilities
Bookkeeping	300	300
NET ASSETS	1988	2740

These accounts were approved by the trustees and signed on their behalf by: Ms Eunice Brenya


DIVINE INTERVENTION MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30th April 2024



ACCOUNTING POLICIES

Basis of Accounting
These accountshave beenprepared onthereceipts and payments basiswithall
revenue and expenses shownona cashbasis. Non-monetary assets are shownat
estimates ofthevalue at the end ofthe year.

Funds
The CIOhas a generalunrestrictedfund thatreceivesvoluntary donationsfrom
attendants at the services.



The CIOhasno outstanding guarantees to third partiesno any debts secured onthe
asstes ofthe CIO

Public Benefit

The charity acknowledgesitsrequirement to demonstrate clearly thatitmusthave
charitable purposes oraims that areforpublic benefit.Details of howthisis achieved
are providedintheTrusteesreport. The trustees confirmthat theyhave paid due
regard to the Charity Commissionguidance onpublic benefit before deciding
what activities the charity should undertake.

FIXED ASSETS
Cost	Instrument	Fixt&Fitts	Equipment	Total/£
01/05/2023	3251	50	500	3801
Additions	0	0	0	0
30/04/2024	3251	50	500	3801

Depreciation
01/05/2023	1185	33	336	992
Charge	413	3	33	449
30/04/2024	1598	36	369	2003

NBV
30/04/2024	1653	14	131	1798
01/05/2023	2066	17	164	2247

Depreciation is calculated at20%reducing balancemethod