Charity Number 1177876 HOLY BIBLE GRACE MINISTRY TRUSTEES, REPORT AND ACCOUN1rs 30 JUNE 2022 Charlty Number 1177876 HOLY BIBLE GRACE MINISTRY TRUSTEES, REPORT AND ACCOUNTS 30 June 2022 Financlal statement For the year ended 30th June 2022 Contènts Page Reference and administratlve details Report of the trustees Accountants, report Statement of finanelal artlvitle5 lincorporatlng the income and expendlture account) Balance sheet Notes to the accounts **Reference and administrative details For the year ended 30th June 2022** Charity Number 1177876 Registered Address 16a Middleton Gardens Middleton Manchester M24 4DF Trustees, who are also directors under company law, who served during the year were as follows: Aghimen Oliver Omobude Trustees (Evangelist) - Chair Stellamaris Sofia Omoregie (Minister) Mrs Gloria Emwen (Pastor) Eagle Accountants Limited Accountants 485 Oldham Road Rochdale OL16 4TF ## Bankers Barclays Bank Plc Leicester Leicestershire LE87 2BB ## **About us** Holy Bible Grace Ministry is a faith based charity that advances the Christian religion mainly, but not exclusively, by means of broadcasting Christian messages of an evangelistic and teaching nature for the benefit of the public through the holding of prayer meetings, lectures, public celebration of religious festivals, producing and/or distributing literature on Christian religion to enlighten others about the Christian religion. We promote social inclusion for the public benefit by working with people who are socially excluded, to relieve the needs of such people and assist them to integrate into society, through the provision of a local network group that encourages and enables those who are socially excluded to participate more effectively within the wider community and by increasing, or co-ordinating, opportunities to engage with service providers, to enable those providers to adapt services to better meet the needs of that community. Our social inclusion programme also supports refugees and asylum seekers who are socially excluded on the grounds of their social and economic position, by providing: 1. education and training in the English language and in vocational skills; 2. social and recreational facilities and events involving the local community. 3. items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty. ## **Trustees** The following person served as trustees during the period: **Aghimen Oliver Omobude (Evangelist) - Chair Stellamaris Sofia Omoregie (Minister)** **Mrs Gloria Emwen (Pastor)** ## **Statement of responsibilities of the trustees** The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 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 proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Statement of Recommended Practice applicable to charities in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Each of the persons who is a trustee at the date of approval of this report confirms that: so far as each of the trustee is aware, there is no relevant material information of which the charity’s accountants are unaware; and each trustee has taken all steps that they ought to have taken to make themselves aware of any relevant material information and to establish that the accountants are aware of that information. Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. Approved by the trustees on December 21, 2022 and signed on their behalf by **Aghimen Oliver Omobude** (Evangelist) Chair of Trustees ## **Accountants' Report** **Accountants' report to the board of trustees on the preparation of the unaudited statutory accounts of Holy Bible Grace Ministry for the period ended 30 June 2022.** In order to assist you to fulfil your duties under the Charity Act 2011, we have prepared for your approval the accounts of Holy Bible Grace Ministry for the period ended 31 March 2018 which comprise of the Statement of financial activities (incorporating income & expenditure account), the Balance Sheet and the related notes from the charity’s accounting records and from information and explanations you have given us. This report is made solely to the Trustees of Holy Bible Grace Ministry, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Holy Bible Grace Ministry and state those matters that we have agreed to state to the Trustees of Holy Bible Grace Ministry, as a body, in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Holy Bible Grace Ministry and its Trustees as a body for our work or for this report. It is your duty to ensure that Holy Bible Grace Ministry has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position of Holy Bible Grace Ministry. You consider that Holy Bible Grace Ministry is exempt from the statutory audit/independent examination requirement for the period. We have not been instructed to carry out an audit/independent examination or a review of the accounts of Holy Bible Grace Ministry. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. Eagle Accountants Limited 485 Oldham Road Rochdale OL16 4TF **Date: 28 December 17, 2022** ## **Holy Bible Grace Ministry Statement of financial activities (incorporating income & expenditure account) For the year ended 30th June 2022** |Note
**Income:**
Income from charitable activities:
_Operation of the charity_
2
Income from sales of fixed assest:
_Other charity activities_
3
**Total income**
**Expenditure:**
_Expenditure on charitable activities:_
Expenses on operation of the charity
4
_Costs of raising funds:_
Other charitable activities
**Total expenditure**
**Net income/(expenditure) and net movement in**
**funds for the year**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|30 June
2022
**£**
2564
**4100**| |---|---| ||**2771**
**5803**| _The notes on pages 9 to 12 form part of these financial statements_ Hdy BIb￿Gr￿e MI￿Stry 5ho•t As a130th ￿ne2022 3)?1 Flw4Ds¥eli T￿8&1￿•55•ts Cath atbankandknharrfj 287È DEbtut5 NelcurrEnla Tolal4M• irno fleXriciedfuTr Tolallund irn ThetTU5tee5 aTE 53t15fiEd authri￿epE￿ent£1IMWwlj￿ wdEf5eaiun L4412IDfthe(hwKiE5Aa2011lIFe20klknk ThetA￿lets0fth2tharitV notrequYedthÈdw1tytothta￿￿ iry 144(2ldthe*4r Thetru5feE54&rthvledÉetherre5￿5i&lh￿5f0r<¢4DP￿ry with1￿rE￿jI￿Thmts aFt arrtytyd2011vJith ￿5p￿ttUall￿￿￿￿ TE[￿5 wwatRJnofaEtThw15 OxembEr 2&2022 a￿j5￿￿￿￿*rbEkl bf. A•lEWyl￿} ChairO(Tru￿ÉÉ& murtinq ￿nvertI￿n$ The finarKial statements have been prepared in ac(ordancewth ￿cO￿lI{￿and IleportiTE by ChJritie5.' Statemerrt of R￿OrnMended PraLtice ap￿1[a)le to Iharibes in prep￿ing their ac(Dunts in actordance with the FInar￿1￿ RepO[b￿ Standard ap￿1[a)le in UK arml Retxjblic d Irdand IFR51021 (effective I January 20151- IChaTtknes SORP IFRS10211. the Fina￿ ial RÈp¢xtin8 Starxlatd apFlic&le in the UK knd ReputAic of l¥eland IFRS1021 and theCompaniÈs 20[￿. Hdy Bit4e GTrce Ministry meets the defIn￿10Th cla puL4K benefft errt￿ ￿der FRS 102. Assets and liatrflities are inttially reco￿lSed at h￿(￿Cal c05t or tr￿sarI￿)n value unle550therwse ststed in the accounting wliry nots Inmrning resour￿￿ All incorning resource5 are induled in the SOFAthen tTr￿ chirrty 15 legalty entitled to the inLDme, 15 rea5￿allY ￿rtain of receipt and the arno￿1 measured ￿th sufficiertt reliability. In a(rordarKe with the SORP, r¥0 Wdlue has been attributed to the￿ork perforrr*d try volunteÈts, 3￿h0￿h theirwork is considered wtal to tFE artmties charity. rrthe. Reguklrttrring Tithe, Regular offerirE and Donations CQlSi5t oFthe total tithe. regular th￿Ing d￿ationS from mernèer5 of the church and other memiErs d the publir along wth incoTre from f￿draISing event5. comp￿v$t11*vs The charttv 15 3 tharitatle Incorp)r*ed ￿ganiSa￿cO ICIOI. The members of thecharrty are represented thelrustees narned on page 3. In event of the chwity bwng wound ￿. the liatrf.lity in respect of the guarantee 15 limtte**Operation of the charity**
Tithe offering
Regular offering
Donations
3
**Other charity activities**
F.Assets Disposal
Bank interest
Other income
4
**Expenses on operation of the charity**
Accommodation and rent
Advert and promotion
Equipment Expenses
Youth and children convention
Annual thanksgiving
Motor Expense
General office expenses
Light & Heat
Chargable Loss of Disposal
Professional fees|2,564
7150
30 June
2022
30 June
2021
£
£| |---|---| ||2564
7150| ||-
-
233
30 June
2022
30 June
2021
**£**
£
4100
-| ||4100
233| ||402
1443
2624
100
200
350
0
150
590
450
-
80
148
421
482
300
0
30 June
2022
30 June
2021
£
£
6,000
3600| ||9696
7644| |5
6
7
8
**Total creditors**
**Creditors**
Accountancy fees
Other Debtors
**Total debtors**
Prepaid Rent
Prepaid Insurance
**Debtors**
Grant debtors
Bank
Cash
Net book value
**Cash at bank and in hand**
Charge for the year
On disposals
Transfers
Depreciation
Additions
Disposals
Loss on Disposal
Cost
Balance B/F
**Tangible fixed assets**||-
-4100
-1443
£
5,543
30 June
2021||£
30 June
2020|£
30 June
2020| |---|---|---|---|---|---| |||||-
6025
-3625
-
3625|| |||0|||6025| |||-|||482
-| |||0|||482| |||374
2497
0
30 June
2022
£||5543
30 June
2021
£|5543| |||||460
-|| |||2871||460|| |||100
30 June
2022
£
100
-
-
**-**
-
-
30 June
2022
£
-||30 June
2021
£|| |||||-|| |||||-|| |||||-|| |||||-|| |||||-|| |||||-|| |||||30 June
2021
£
200|| ||||||| |||||200||