ALL NATIONS CHRISTIAN MINISTRIES
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30[th] JUNE 2022
CHARITY NUMBER: 1175017
COMPANY NUMBER: 06276848
ALL NATIONS CHRISTIAN MINISTRIES (A COMPANY LIMITED BY GUARANTEE)
LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 30[TH] JUNE 2022
ADDRESS FOR CORRESPONDENCE
Westbourne Park Baptist Church Porchester Road London W2 5DX
REGISTERED COMPANY NUMBER 6276848
REGISTERED CHARITY NUMBER
1175017
GOVERNING DOCUMENT MEMORANDUM & ARTICLES OF ASSOCIATION 12[TH] JUNE 2007 AMENDED 27[TH] SEPTEMBER 2017
TRUSTEES/ DIRECTORS
Antonio Gomes Prata Dulce Marcia De Figueiredo Dias Joao Leites
PRINCIPAL BANKERS
CashPlus Bank 6 London Wall London EC2Y 5EB
ACCOUNTANTS
FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM SURREY CR4 3FH
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ALL NATIONS CHRISTIAN MINISTRIES Westbourne Park Baptist Church Porchester road London Engalnd W2 5DX
INDEX Page Legal & Administrative Details 1 Index 2 Trustee’s Report 3 - 4 Independent Examiner’s Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes on the financial Statements 8 - 11
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ALL NATIONS CHRISTIAN MINISTRIES
TRUSTEES’ REPORT YEAR ENDED 30[th] JUNE 2022
The trustees are pleased to present their report for the year ended 30[th] June 2022 for the charity, All Nations Christian Ministries with charity number 1175017 and Company Number 06276848.
The Trustees of the charity are: Antonio Prata Dulce Marcia De Figueiredo Dias Joao Leites
The principal address of the charity is : Westbourne Park Baptist Church Porchester road London W2 5DX
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a Memorandum and Articles of Association that was incorporated 12[th] June 2007 as amended by certificate of incorporation on change of name on 27[th] September 2017 and 14[th] September 2012.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 is the advancement of the Christian religion in the United Kingdom and Worldwide in particular but not exclusively the establishment and renewal of Christian churches and ministries. The provision of training and education for the ministries of the church both at home and overseas and the encouragement of Christians to become established and active members of their local churches. 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 held several conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community. The Church continues to sponsor mission work overseas. The church is now back to holding in person services.
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FINANCIAL REVIEW
The income of the charity is above £47,000 and was from donations received from members. The main expense of the church was the buildings that it rent to host its worship services. The church is an ongoing concern. This year they had a reasonable surplus at the end of the financial year.
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 build up and 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:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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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 28[th] March 2023 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees ALL NATIONS CHRISTIAN MINISTRIES
I report on the accounts of the church for the year ended 30[th ] June 2022 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 :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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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;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
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(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 Generator Business Centre 95 Miles road Mitcham Surrey CR4 3FH
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ALL NATIONS CHRISTIAN MINISTRIES
Statement of Financial Activities for the year ended 30th June 2022
| Unrestricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|
| Funds | 2022 | 2021 | |||
| Incoming Resources from | Note | £ | £ | £ | |
| generated funds | |||||
| Donations and Legacies | 2 | 47288 | 47288 | 32938 | |
| Investment income | 3 | 0 | 0 | 0 | |
| 47288 | 47288 | 32938 | |||
| Other Income | 0 | 0 | 0 | ||
| Total Incoming | 47288 | 47288 | 32938 | ||
| Resources | |||||
| Resources Expended | |||||
| Charitable activities in furtherance of objectives | |||||
| Charitable Activities | 5 | 48,449 | 48,449 | 31060 | |
| Other | 4 | 661 | 661 | 0 | |
| Total Resources | 49,110 | 49,110 | 31060 | ||
| Expended | |||||
| Net movement in funds | -1,822 | -1,822 | 1878 | ||
| Reconciliation of Funds | |||||
| Total Funds brought forward | 4470 | 4470 | 2592 | ||
| Total Funds carried forward | 2,648 | 2,648 | 4470 |
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
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ALL NATIONS CHRISTIAN MINISTRIES Balance Sheet as at 30th June 2022
| Note 2022 Fixed Assets £ Tangible fixed assets 5 688 _ 688 _ Current Assets Cash at bank and 1960 in hand Debtors & prepayments 0 1960 Creditors:amounts falling due within one year Creditors & accruals 8 0 _ Net Current Assets 1960 _ Net Assets 2648 Unrestricted Funds General Fund 2648 _ TOTAL FUNDS 2648 _ |
2021 £ 860 |
|---|---|
| 860 | |
| 3610 0 |
|
| 3610 0 |
|
| 3610 | |
| 4470 4470 |
|
| 4470 |
- (a) For the year ended 30th June 2021 All Nations Christian Ministries
was entitled to exemption from audit under section 477 of the Companies Act relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
The Directors acknowledge their responsibilities for complying with the requirements
of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by board of directors on 29th March 2022
And signed on their behalf by Antonio Prata
(Director)
Signature:________
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ALL NATIONS CHRISTIAN MINISTRIES (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH ] JUNE 2022
1) Accounting Policies
1.1 Basis of Accounting
These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with:
The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014. 1.2 Going Concern: The accounts are prepared on a going concern basis.
1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
1.4 No changes to the accounting estimates have occurred in the reporting period
1.5 No material prior year error have been identified in the reporting period.
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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The charity becomes entitled to resources;
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It is more likely than not that the trustees will receive the resources;
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The monetary value can be measured with sufficient reliability.
Grants and Donations
Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)
.
Tax reclaim on donations and gifts
Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
EXPENDITURE AND LIABILITIES
Liability Recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Grants and Support Costs
Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
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ALL NATIONS CHRISTIAN MINISTRIES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2022
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
ASSETS
Tangible Fixed Assets for use by the charity
They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.
Debtors
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.
.
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ALL NATIONS CHRISTIAN MINISTRIES
Notes to the accounts for year ended 30th June 2022
2 Voluntary Income
| Unrestricted | Unrestricted | Total funds | Total funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2022 | 2021 | |||||
| Church collections | £ | £ | £ | ||||
| Donations | 47288 | 47288 | 32938 | ||||
| ______ | |||||||
| Total | 47288 | 47288 | 32938 | ||||
| ______ | |||||||
| **3 ** | Investment income | ||||||
| Unrestricted | Total funds | ||||||
| Funds £ | 2022/£ | £/2021 | |||||
| Bank Interest | 0 | 0 | 0 | ||||
| **4 ** | Other | Amount 2022/£ | Amount 2021/£ | ||||
| Missions | 0 | 0 | |||||
| Grants to Individuals < £1000 | 660 | 0 | |||||
| ___ | |||||||
| 660 | 0 | ||||||
| **5 ** | Tangible Fixed Assets | Fix& Fitt | Instrument | Equipment | Total | 2022 | |
| Cost | £ | £ | £ | £ | |||
| At 01/07/2021 | 360 | 0 | 2081 | 2441 | |||
| Additions | 0 | 0 | 0 | 0 | |||
| At 30/06/2022 | 360 | 0 | 2081 | 2441 | |||
| Depreciation | |||||||
| At 01/07/2021 | 212 | 0 | 1369 | 1581 | |||
| charge for the year | 30 | 0 | 142 | 172 | |||
| At 30/06/2022 | 242 | 0 | 1511 | 1753 | |||
| Net Book Value at 30/06/2022 | 288 | 0 | 570 | 688 | |||
| Net Book Value at 01/07/2021 | 231 | 0 | 712 | 860 |
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ALL NATIONS CHRISTIAN MINISTRIES Notes to the accounts for year ended 30th June 2022
| **6 ** | Cost of Activities in furtherance of Charity's Objectives | Cost of Activities in furtherance of Charity's Objectives | Cost of Activities in furtherance of Charity's Objectives |
|---|---|---|---|
| 2022/£ | 2021/£ | ||
| Rent of building | 26412 | 1505 | |
| Stationary | 7 | 100 | |
| Subscriptions | 1108 | 36 | |
| Events costs | 8495 | 0 | |
| Ministry expenses | 0 | 333 | |
| Depreciation | 172 | 214 | |
| Professional fees | 733 | 583 | |
| Sundry | 0 | 0 | |
| Pastor wages | 9600 | 8240 | |
| Supplies | 155 | 393 | |
| Media Services | 0 | 172 | |
| Travel & Substitence | 600 | 0 | |
| Benevolent giving | 0 | 583 | |
| Church house rent | 0 | 16200 | |
| Bank | 69 | 0 | |
| Welfare | 1000 | 2455 | |
| Repairs and maintenan | 98 | 0 | |
| Website costs | 0 | 215 | |
| Training costs | 0 | 31 | |
| Total | 48449 | 31060 |
| **8 ** | Staff Costs | 2022/£ | 2021/£ |
|---|---|---|---|
| Salaries | 9600 | 8240 | |
| Tax/NIC | 0 | 0 | |
| Total | 9600 | 8240 |
Trustee Remuneration
Antonio Prata received remuneration of £9600 for pastoral services offered in the charity.
9 Creditors: amounts falling due within one year
| £ | £ | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Creditors | 0 | 0 | ||
| Total | 0 | 0 |
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