2023-04-30-accounts - Save The Earth Mission For Christ (Stemfc)

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TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th] APRIL 2023

Charity number: 1175377

Save the Earth Mission for Christ (STEMFC) London UK. Trustees’ Report and Financial Statements 2023

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30th APRIL 2023

STEMFC is governed and administered by an executive board comprising of the Board of Trustee. The Board of trustee provides strategic leadership and the day-to-day administration and running of the charity. There are currently three serving members in the board of Trustees and five serving members.

Board of Trustees

Chairman Patrick Imafidon

Treasurer Felix Huston

Kelvin Ediale Tosan Abuwa Efosa Idehen Andrew Akhator Justina Oviasogie

Charity registered number

1175377

Registered Office

155 Moorside Road Bromley BR1 5ES

Independent examiner

Rich Brother Accountants Ltd, 28 Camberwell Road, London SE5 0EN

Bankers

Barclays Bank 1 Churchill Place London E14 5HP

Solicitors

Chipatiso Associates, Suite 1 Office 1-2, 12 Chapel Road Ilford Essex IG1 2AG

Save the Earth Mission for Christ (STEMFC) London UK. Trustees’ Report and Financial Statements 2023

TRUSTEES’ REPORT

FOR THE YEAR ENDED 30th APRIL 2023

The aims and purpose of STEMFC is to promote the Christian religion through activities and events recommended and approved by the leadership of the charity has identified and approved the following as our main aims and purpose:

To spread the gospel of Jesus Christ across the nations through effective face to face evangelism, use of the media including the internet, radio and television and publication of materials or other literatures for the promoting and spreading of the gospel
To build a godly community through identifying people’s social and spiritual needs and facilitating ways to meet those needs
To actively engage in a continuous collective global community based evangelical works to raise disciples in the different communities across the nations for the continuation of God’s work within the local communities
To co-operate with other churches or similar bodies for the relief of poverty and for other charitable purposes that are for the benefit of mankind.
To relief poverty
To advance education for the benefit of disadvantaged children

OBJECTIVES AND ACTIVITIES

Objectives and activities

STEMFC is committed to enabling and empowering people in the community to serve their purpose through:

Affording the knowledge of God to the community at large through evangelistic work and encouraging people to worship with us and seek eternal life salvation through the Lord Jesus Christ
Working with other churches with similar objectives to achieve greater results in enabling and empowering people through the word of God and in offering practical help and assistance to the needy
Congregational community and missionary work including offering practical help, advice and assistance to the homeless, unemployed and others that are less able in the society
• Enlightening congregation members and the community at large with the gospel of Jesus Christ through face-to-face evangelism, providing necessary support to new converts to grow and develop in their new found faith through effective pastoral care
Community wide empowerment projects for the benefit of mankind in the wider community

Save the Earth Mission for Christ (STEMFC) London UK. Trustees’ Report and Financial Statements 2023

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 30TH APRIL 2023

In planning our activities for the year, STEMFC guidance on public benefit and in particular the specific guidance on charities for the advancement of religion. For wider public benefit purposes, the Charity in the course of the year has actively engaged in both congregational and community wide activities that are geared towards promoting social inclusion and empowering people to live a sustainable Christian life. Amongst them are;

Weekly, monthly, quarterly worship, prayer meetings and bible studies
Community wide evangelistic outreach and missionary work
Advancement of the Christian religion by promoting knowledge of salvation through
Christ with face-to-face evangelism, publication of teaching materials on the World Wide Web
Provision of pastoral care for the congregation, local community and new converts to help them live a sustainable life in their new found faith

In carrying out our activities both within and outside our worship centre, we always ensure that we do not compromise the core principles of our statement of faith as set out in our governing constitution.

REVIEW OF ACTIVITIES AND PERFORMANCES

Monthly prayer and network meetings for Christians from all works of life. Membership is open to other faith and religion.

Held every 3[rd] Saturday of the month –

Provides opportunities for:

Fellowship, family counselling
Spiritual and social inclusion
Counselling opportunities for single parents,
People with depression
Information about available resources in the local area, such as food bank.

Save the Earth Mission for Christ (STEMFC) London UK. Trustees’ Report and Financial Statements 2023

THE TRUSTEES’ REPORT FOR THE YEAR ENDED 30TH APRIL 2023

Quarterly Music Worship event:

Held in April, August and December .

Joining Christian musicians together to promote and support:
Music talent in the community
Provide opportunity for music lovers to attend and distress
Mentoring opportunities for free voice training
Encourage and provide platform for singing talents to be actualised
Support with learning skills of playing musical instruments

This is rotationally hosted by different churches.

To host Music / worship event each church will commit to us using their instruments and hall for our monthly all-night rehearsals.

Each church praise team is fully involved in our monthly rehearsals.
Each church organises their music team and members to attend the event.

April Easter Getaway

Provides opportunities for

A coordinated and affordable family holiday
Activities for the family
Studying the bible and praying
Networking with others larger organisation.

Community Breakfast and prayer walks for the Homeless and less privileged Held quarterly May, August and December.

Evening Street walk to find the homeless and provide them with information about homeless shelters / HPU in the locality

Share invites to homeless in the streets

Share warn clothing’s / shoes and blankets

Physical Health checks

Provide an atmosphere of warmth and social connectivity for the homeless Provide hampers for widow and single parents

Sign post vulnerable people to agencies that can offer help and support.

Save the Earth Mission for Christ (STEMFC) London UK. Trustees’ Report and Financial Statements 2023

THE TRUSTEES’ REPORT FOR THE YEAR ENDED 30TH APRIL 2023

The trustees present their annual report together with the unaudited financial statements of the charity for the year ended 30[th] April 2023. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.

REVIEW OF FINANCIAL POSITION

The financial statements covered the operation of Compassionate Believers Prayer Movement and they have been prepared in accordance with the requirements of the 2005 Statement of Recommended Practice (SORP)

For the year ended 30th April 2023, the financial activities show total incoming resources of £ 3,845 (2022- £1,274) which is the total tithes and offering donations received from members. This was disbursed mainly on charitable activities and total expenditure amounted to £1,876 (2022- 932) We closed the year with a net operating profit of £1,969

STATEMENT OF TRUSTEE’S RESPONSIBILITIES

The trustees are responsible for preparing the Trustee’s report and the financial statement s in accordance with applicable law.

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:

Select suitable accounting policies and then apply them consistently;
Observe the methods and principle in the Charity SORP;
Make judgments and estimates that are reasonable and prudent;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity, hence taking reasonable steps for the prevention and detection of fraud and other irregularities

Save the Earth Mission for Christ (STEMFC) London UK. Trustees’ Report and Financial Statements 2023

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 30TH APRIL 2023

This report was approved by the Trustees on 4[th] March 2024 and signed on their behalf, by:

…………………… …………………………….

Patrick Imafidon Felix Huston Chairman Financial Secretary

Save the Earth Mission for Christ (STEMFC) London UK. Trustees’ Report and Financial Statements 2023

INDEPENDENT EXAMINER’S REPORT OF THE MEMBERS OF COMPASSIONATE BELIEVERS MOVEMENT

We report on the financial statements for the year ended 30[TH] .April 2023 which are set out in pages 8 to 10. This report is made solely to the Charity’s Trustees, as a body.

Respective responsibilities of trustees and examiner

As explained more fully in the Trustees’ responsibilities statement, the Trustees are responsible for the preparation of the financial statements.

The charity’s trustee consider that an audit is not required for this financial statement (under section43 (2) of the Charity Commission (under section 43(7) (b) of the Act), and to state whether particular matters have come to our attention.

Basis of Independent examiner’s report

Our examination was carried out in accordance with Charity SORP. An examination includes a review of the accounting records kept by the charity 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In the course of our examination, no matter has come to our attention: which indicates that:

Adequate accounting records have not be kept;
The financial statements are not in agreement with the accounting records
We have not received all the information and explanations we require for our audit.

Julius Olaogun

For and on behalf of

RICH BROTHER ACCOUNTANTS LTD CHARTERED ACCOUNTANTS AND TAX CONSULTANTS 28 Camberwell Road LONDON, SE5 0EN

Save the Earth Mission for Christ (STEMFC) London UK. Trustees’ Report and Financial Statements 2023

Save the Earth Mission for Christ ISTEMFCI London UK. Trustees, Report and Financial Statements 2023

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH APRIL 2023

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30[th] APRIL 2023

	Unrestricte d funds £ 3,845 -	Designate d funds £ - - -	Restricted funds £ - - -	Endowmen t Total funds 2023 £ £ - 3,845 - - -	Total 2022 £ 1,274 - -
	3,845			3,845	1,274
				1,876	932
1,876				1,876	932
1,969 -		-	-	1.969 - -	342 -
				1,969 5,348 7317	342 5,006
7317					5,348

Save the Earth Mission for Christ (STEMFC) London UK Trustees’ Report and Financial Statements 2022

STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH APRIL 2023

STATEMENT OF ASSETS AND LIABILITIES

Unrestricte d funds £	Restricted funds £	Endowmen t Total Total funds 2023 2022 £ £ £
8,078	-	8,078 3,763
- (0)	- -	- - - - (0)- (0)
-	-	- - -

	-	- 5,763 5,763
	-	- - -
2.210	-	- 2,210 2,210

5,430	-	- 5,430 5,430

This report was approved by the Trustees on 4[th] March 2024 and signed on their behalf, by:

…………………… …………………………….

Patrick Imafidon Felix Huston Chairman Financial Secretary

Save the Earth Mission for Christ (STEMFC) London UK Trustees’ Report and Financial Statements 2022

COMPASSIONATE BELIEVERS PRAYER MOVEMENT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30TH APRIL 2023

1.The accounts have been prepared in accordance with the Church Accounting Regulation 2006 Using the Receipts and Payments basis

Receipts and payments analysis of church activities

Receipts

Receipts
Tithes and offerings Payments Hall Hire Welfare website Cost Charitable donations Volunteers Expenses Admin/General Exps Prof/ Consultancy Accountancy	Unrestricted funds £	Designated funds £	Restricted Total Total funds 2023 2022 £ £ £
	3,845		3,845 1,274
	1156 233 87 - - - 0 400		1,156 312 233 183 87 87 - - - - - - 0 400 350
	1,876		1,876 932

Save the Earth Mission for Christ (STEMFC) London UK Trustees’ Report and Financial Statements 2022