MIRACLE GROUNDS AND PRAYER MINISTRY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2023

CONTENTS
CHARITY INFORMATION..............
TRUSTEES REPORT...
.24
ACCOUNTANT'S REPORT..............
INCOME & EXPENDITUREACCOUNT................. ..
BALANCE SHEET.............
NOTES TOACOUNTS..................
8-10

ORGANISATION INFORMATION
NAME OF ORGANISATION: MIRACLE GROUNDS AND PRAYER MINISTRY
TRUSTEES:
DAVID AKAKPO
DOMINIC TWUM-ANTW
ERNEST BOADI SMITH
NSUKA ESPERANCE MAYALA
REGISTERED OFFICE:
SUIT2
CONNAUGHT HOUSE
15-17 UPPER GEORGE STREET
LUTON
LUI 2RD
CHARITY REGISTERED NUMBER
1177524
BANKERS
Barclays Bank PIC
ACCOUNTANTS
EA Winful & Assoclates

Reserves policy
The Trustees acknowledge that it will require about £5,000 for three month's
operations without any income. The general reserve is more than the safety level,
and this level is to be maintained. The Trustees by strategic planning are to maintain
the level of secured funds in the next 5 year5 by setting up a £6,000 reserve funds
account with the bank.
Operational income and expenditure
For the year under review, the church made a financial surplus of £7450 against
1£2404 surplus in 20221
Total offerings, donations and other income received was £63,0151£44,461 in 20221
this was up from last year as restrictions on worship was eased following the
pandemic lockdown. Online worship and donations contributed to the rise.
Total operating cost was £55,5651£42,059 in 2022} this was up from last year.
Trustees are of the opinion that for the foreseeable future. increased evangelism to
a bigger audience from internet, phone apps, and tweeter, what's up and the
Facebook is a long-term strategy to expand the Ministry.
Trustees are most grateful to the members and the public who continued to give to
the work of God carried on at the church.
Volunteer servlces
The Trustees would like to mention the work of several dedicated volunteers whose
contribution immensely contributed to the work at the church. The church bersefited
from these services provided free of charge.
The trustees once again extend a big thank you to all its volunteers.

INDEPENDENT EXAMINER'S REPORT
I report on the accounts of the Charity forthe year ended 31 December 2023,
prepared based on the accounting policies shown in the corresponding pages
RESPEcfivE RESPONSIBILITIES OF MANAGEMENT AND EXAMINER:
As the church trustees you are responsible for the preparation of the accountS- Voil
consider that the audit requirement of section 43121 of the Charities Art 1993 (the
Act} does not apply. It is my responsibility to State, based on procedure5 specified
the General Directions given by the Charity Commissioners under section 4317llb} of
the Act, whether matters have come to my attention.
BA51S 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
matter5. The procedures undertaken do not provide all the evidence that would be
required in an audit, and consequently I do express an audit opinion on the view
given by the accounts.
INDEPENDENT EXAMINER'S STATEMENT..
In connection with my examination, no matter has come to my attention, which
gives me reasonable cause to believe, that any material respects the requirements
i. to keep accounting records in accordance with section 41 of the Act and
2. to prepare accounts which accord with the accounting records and to comply
with the accounting requirements of the Act has not been met.
E A Winful, FCCA
EA WINFUL & ASSOCIATES
CHARTERED CERTIFIED ACCOUNTANTS
18 HERO WALK
ROCHESTER KENT MEI 2UZ

MIRACLE GROUNDS AND PRAYER MINISTRY.
STATEMENT OF FINANCIAL ACTIVITIES
For the year e￿ed 31 December 2023
INCOME AND EXPENDITURE
Notes Unreslricled Restri¢ted
2023
2022
In¢oming Resources
Tithes & Offerings
50,124
50,124
27.118
Investment Income
655
655
214
Other Operating Income
12,236
12,236
17,129
Total Income Resources
63,015
44,461
Resources Expanded
Cost of Activities
155,5651 142.0591
Total Resources Expanded
155,565) {42,059)
Nel Incoming I (Outgoing) ResourrEs
7,450
2,402
Funds brought forward 01101122
2.402
Designated funds utslised
Funds carried forward 31112123
9,852
2,402
See noles on the following pages lor détailed analysis of in¢ome and expenditurè
CONTINUING OPERATION
None of the chaiity's activities were acouired or discontinued during the CUTient and pievlous
yeafs. and the deficit lor the previous yeaf.
TOTAL RECOGNISED GAINS AND DEFICITS
The charty has no reGognised gains or deficits other than the svrplus the currenl year
The notes form part of thes& account5.
Page 6

MIRACLE GROUNDS AND PRAYER MINISTRY.
ST
BALANCE SHEET AS AT 31 DECEMBER 2023
FIXED ASSETS
Note
2023
2022
Tangible Assets
6.902
CURRENT ASSETS
Debtors I Prepayments
Bank / Cash
2,402
2,402
2,950
CREDITORS..
Amounts falling due within one year
10
Nel Currenl Assets I ILiabililies}
2.950
2,402
CREDITORS..
Amounts falling due for more Ihan one yeaf
Tolal Assets less Liabilrtios
FUNDS
Unrestricted Funds
11
9,852
Miins nvuM.hi(nvi
Signature
Page 7

MIRACLE GROUNDS AND PRAYER MINISTRY.
NOTES TO THE FINANCIAL STATEMENTS OF 2023
1 ACCOUNTING POLICIES
1 Accounts'ng Convention
The accounts have been prepared under the historical cost convention, and
in accordance with SORP 2 Accounts'ng for Charilies.
ExemptDn has been taken from preparing a cash flow statement on the grounds
thet the charity is a small undertaking.
Incoming Resour￿5
Incoming Resources represents collections, pledges & Tithes donations
income due in the year.
Page 8

MIRACLE GROUNDS AND PRAYER MINISTRY.
Notes to the Accounts for the year ended 31st December 2023
Notes
2023
2023
2023
2022
2 TITHES & OFFERINGS
15
Unrestricted Reslricled
25,265
24,859
25,265
24,859
15,264
11,854
Collections
Thanksgiving
Total income re￿iVed
3 Investment Income
655
214
4 Other Income
Giftm'd Refunds
Unrestricted Reslricted
12,236
12,236
17129
2023
2022
5a COST OF ACTIVITIES
Honoiarium Evangelism & mission
Admin & Stalionaries
Telephone
Rent & Rates
Gas & Electric
Maintenance
Bank charges
Total Cost of Activities
15
(12.7551 19,2681
16.2651 11,258)
12,8501 12,7471
114,4001 114,4001
16,4391 12,1281
19.3481 {10,799}
258
209
5b Governance
13,2501 11,250)
Page 9

MIRACLE GROUNDS AND PRAYER MINISTRY.
2023
2022
7 BANK I CASH
Cash & Bank
TOTAL
8 DEBTORS
Sundries
9 FIXED ASSETS
Fixtures & Fittin9S
Musical Instruments
6902
10 CREDITORS..
Amount falling due within one year
Sundary Creditors
11 UNRESTRICTED FUNDS
brought forward
Surplus for the year
Designated funds
Carried forward
2,402
7,450
2,402
9.852
2,402
Page 10