APOSTOLIC EVANGELICAL MINISTRY TRUSTEES, REPORT AND STATEMENT OF ANNUAL ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022
APOSTOLIC EVANGELIC MINISTRY Contents: Page Charity Informats"on Trustees, annual report Independent Examinerfs report Annual accounts: Income and Expenditure account Balance Sheet Notes to the accounts 10-11
CHARITY INFORMATION AS AT 31ST DECEMBER 2022 Trustees: Pastor Martin Bantamoi Chrisb'ana Sesay Mich1 Bangura Charity registered number: 1177758 Registered Address: Flat 14 Mellor House Kingswood Estate London. SE218PU Independent Examiner. USKACCOUNTING SOLUTION LTD 69 Merr Court 6 Candle Street London E14SF
APOSTOLIC EVANGELICAL MINISTRY TRUETEE'S REPORT FOR THE YEAR ENDED 31st DECEMBER 2022 Organisation and management The overall management of Ihe charity is the responsibility of the trustees who are elected and co-opted under the tems of the trust deed. Day to Day project activty of the charity is managed and carried out by the volunteers. Aims and Objectives The advancement of Christian faith Employing diverse ways of teaching and educating members on the knowledge of God To give Christian care and welfare to all members of the communty as necessary Working with other charities. organisations and churches in the organisation and support of events with similar Christian objectives The prlnclpal objects of the charity include: The advanment of Christian faith worldwide The relief of sickness. financial hardship and preserve good health by the provision of funds, goods or serVIS of any kind, including through the provision of counselling and support The advancemenl of education in such ways in the United Kingdom as the trustees from time to time may think it fft. Voluntserslworkors The charity has a very dedicated volunteerslwotkers team. We're committed to training and development of these volunteers to enhance Iheir performance. Achievements in the year The charity carried out major activities to further lis objectives arKI they include:
The charrty offered help and connected with other charities nalionally and intemationally in accordan with the objectives of the charity A lot of programmes and events were organised during the year to promote Christian faith City wide Evangelistic OLrtreacfrEs Monthly street Outreaches Weekly church sep11S, prayer MtingS and bible study Governing Document Apostolic Evangelical Ministy is a registered charty, govemed by a trust deed. Review of financlal position The Charity financial statement has been prepared in accordan with the requirements of the Statement of Recommended Practice {SORP). 2005. For the financial year ended 31st December 2022, totsl income reSoUrS amounted to £12,952 and includes the total of tithes and offering. and donats'ons from members. This VRS mainly spent in the fuFfilment of the charty's day to day activities and totsl expenditure amounted to £9,678. Surplus of income over expenditure for the year ended 31st December 2022 amounted to a deficit of £3.274 and a cash balance of £4,363. Statement of Trusteos, ponsIbIlitieS In accordance with Charity law, the Trustees are responsible to prepare financial Statements for each financial year. And the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resour and application of reSoUrs, including its income and expenditure. for that period. In preparing these financial statements. the Trustees are required to: select suitable accounting policies and then apply them consistenlty" observe the methods and principles of the Charities. SORP 2005.
state whether applicable UK Accounting Stsndards (FRS 102) have been followed, subjed to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going COnM basis unless it is inappropriate to presume that Charity will continue in business. Furthemiore, the Trustees are responsible for keeping adequate accounb'ng records that are sufficient for disclosure with reasonable accuracy at any time the financial position of the Charity hen they are expected to take reasonable steps in ensuring safeguarding of the Charity's assets and the prevention and detection of fraud and other irregularities. The accounts were approved by the Board of Trustees and sbJned on behalf of the Board by: Pa8tor Martin Bantamoi (Trustee)
Indepondent Examiner Report The Accountant reports the financial statements for the year ended 31st December 2022 as set out in the pages below. This report is made solely lo the Charity's Trustees, as a body. Responsibilities of trustees and examin•r The charitls trustees seek exemption from an audit for this financial statement (under section43 (2) of the Charity Commission (under section 43(7) (b) of the Act). and to slate whether particular matters have come to our attention. Basis of Independent examIneS report The Accountant examined the Charity's financial activities in accordance with SORP'S 2005. This includes a review of the accounting records kept by the charity and a comparison of the accounts pr&8ented with those records. Disclosure and explanations were also requested wilh regards to any unusual rterns. Independent examineVs statsment The Accountant has prepared. without carying an audit. the Charity's Income & Expenditure Account and Balance Sheet from the iecords and infomiation supplied in accordance with the instructions given to us by the Pastor. The account agrees wtth the underlying records and information therewith. Umaru S Kabba USKACCOUNTING SOLUTION LTD (Chartered CertIfd Accountants) 6g Mercer Court 6 Candle Street London E14SF
APOSTOLIC EVANGELICAL MINISTRY INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31ST DECEMBER 2022 2022 2021 Notes RECEIPT OF INCOME: Church serVIS Donation Total receipt of income Unrestrict¢d Unrestrided fi]nd fund 7.144 5,808 12,952 3,445 9,998 13,443 LESS EXPENDITURE: Admin cost Rent Depreciation Accountant Fee Total expenses 5,831 3,500 227 120 13,968 380 227 120 14,6g5 9,678 SURPLUS OF INCOME OVER EXPENDITURE 3.274 -1,252
APOSTOLIC EVANGEUCAL MINISTRY BALANCE SHEET FOR THE PERIOD ENDING 31ST DECEIIBER 2022 2022 2021 Non- Current Asset Less depreciation 4,529 4,529 463 3,172 CURRENT ASSET Bank and cash balance 195 4,261 7,535 NET ASSEr 7.535 4.261 FINANCE BY: Accumulated Fund Surplus for the year endi 4261 3,274 7.535 5.513 -1,252 4,261 Approved by the Board of Trustees on 311t Drnber 2022 and signed on ts behalf by: Pastor Pastor Martin Bantamoi Position
APOSTOLIC EVANGELICAL MINISTRY NOTES TO THE INCOME AND EXPENDITURE ACCOUNT AND BALANCE SHEET FOR THE YEAR ENDED 31ST DECEMBER 2022 Accounting Policy The accounts have been prepared in accordance with the requirements of the 2005 Statement of Recommended Practi (SORP). Dèpreciation policy The Charity applied 5% depreciation on all its assets for this reporting peri(Kl. Incom• All incomes in Notes 1 in the accounts come from offerings, tithes, and donations from members. 1. Recoipts 2022 2021 Church collection Donation 7,144 3,445 5.808 9,998 12,952 13,443 2. Expenditur• 2022 2021 Rentl Hall Hire Stationery and printing Travel and subsisten Acwuntant fees Telephone welfare & loan & gift Sundry expenses Depreciation Equipment maintenance Toiletries Publiaty Delivery DrNer Volunteers 3,500 380 600 120 341 200 120 120 240 350 300 400 150 120 227 227 2,500 1.500 200 378 1,500 1,400 2,000 1,000 io
Supply of food items Counselling fees 5.500 1,000 9.678 14,695 2022 2021 86 114 207 276 143 190 641 855 321 428 127 169 143 190 713 950 143 190 228 304 107 143 179 238 250 333 114 152 3,399 4,532 3. Non current asset Printer Set of mics Mic Stands Key boards The pulpit Demarcalion materials Recorder Projector Storage and trunk boxes Chair covers Banners Amplifier Laptop Children equipment Depreciation charge Net book Value 227 227 3,172 4,066 4. Cash balance 2,877 195 S. Finance by: 2022 2021 4.261 5,513 3,274 -1252 7,535 4,261 Accumulated fund (Deficit)Isurplus