Charity Number 1177876 HOLY BIBLE GRACE MINISTRY TRUSTEES, REPORT AND ACCOUNTS 30 June 2024 Flnanclal ststement For the year ended 30th June 2024 Contents Page Reference and administrative detsils Report ol the trustees Accountantg report ststement of flnancial activltles (incorporating the Income and expendlture account) Balance sheèt Notes to ttrle account5 Referen￿ and admSnlstr•tlve detsll$ For the year ended 30th June 2024 Charity Number 1177876 Reglstered Address 161 m1ddlrtL￿ GBrdts)s Middleton MBn¢he51er M24 4DF Trwstr¢5. who 4r¢ al50dire¢￿ under ￿mpanY IAW. who $¢ryed d￿ring the yetr wcre &$ follows". ABhimcn OliveT(knobude (Evan8¢lisil-Chiii Si¢llamarts Sofia Omoregie (Min¢$￿) Mrs Oloyla Emw¢n (P￿t01) Trustees Accountants E* A￿O￿nIants Limit•J 485 QldhaTh RO￿ RO￿￿¢ OL1647F 8ank•rs B8r¢toys B8nk Pl¥ iEi¢¢511r L*l￿t¢rShl￿ LE87 2BB Ats0￿ Holy 8lble Grxe Mlnlstry Is è falth based th•rlty that advon¢es the Chrlstlan r•ll8lon M￿nIV￿ but not •xclusfjvelyi by rneans of broadcastln8Chrlstlan rnessa8esof an evangellstlc and teachlng n•tU￿ for ihe benefli of ihe publlc throu8h the holdln8 of prayer mee￿n85, lectures. publlc celebratlon of rell8lous festlv*l$. produ¢lnd andlor di$trlbutlng Ilterature on Chrlsrian relS8lon tg enll8hten oth¢fS about the Chrfstl•n rell81on. W* promote soclal In£lu55on for the publk benefit by workln8wlth people who are soclallyexcluded, to rellevethe needs ol surh people and asslst them to Inte8rate Into soclety, through the pr￿lS1On of a local networ* 8roupthat encourB8es and enables those who are sodallyexcluded to partlclpate rnore effectlvelywlthln the wlder communlty and bv Increasln& or co-ordlnatln& opportunltSe5 to en8a8e wlth servlce provlders. to enable those Pro￿derS to ad•pi servl¢es to better meet th¢ needs of th* communlty. Our SOCI￿ Induslon programme also supports r•fu8ees and asylum seekets who are so¢lally excluded on ihtBround5 olthelrsoclal and econorn5c posltlcn, by provldln6'. l. edu£atlon and traln5ng In ihe En8llsh lan8uage and In vocafjonal skllls- soclal and recreatlonal fac115tles and events Involvlng the local communlty. 3. Items and seMces to Indlvlduals ln need andlorcharftles, orother or8anlsatlon$workln¢to prevent or relleve poverty. Thefollowlng person served as trustees durlng the perlod.. Athlmen Ollveromobude IE¥onyllstl. Chalr 51tllamarls Softa OmoreRle IMln15terl MtsGltyl• Emw•n IPMtorl Statement of respon￿bIlItt*S of the trullees The trustees are required to pre￿refi￿aDCl3l 5t3ternèntsfor each flnancial year, which glve a true and fair vlew of the state of affairs of the charity and the incorning resources and application of re50Uf£es. IncludinB the net income or expenditure. of the charlty for theyear. In preparlng those financial 5tsternent5the trustees are required to.. select suitaiJle accounting polScie5 and then applyth*m consistendy,. observe the methods and pr¢r5ciples in the Charlties SOAP.. makelud8ernentsand estimates thatare reasonable and prudent.. stare whetherapplicable UK Accountln8 Standards have been foll¢)wed. sublett to any material departuresdlsclosed and explalned in thef+nJncial statements.. and prepare the financial statements on thegoln8concern basis unless it Is Inappropriateto p￿SUMe1hatthe charityw*ll continue in operation. The trustee5 are responsible for keeplng proper accounting rewrds that disclose wth rea50nable aCCUfary at any tlme the financial position of the charity and enable them to en5ureihatthe financial statementscornply wlth the 5tatemeni of Ilecornrnended Practice applicable to charitles in the UK and RepU￿1r of Ireland IFRS1021 (effective I January 20151- Icharities SORP IFR51021. They 3re also re5ponsiblelor safeguardlng the a￿ts olthe charity and hence fortakinB reasonable steps for the preventlon and detection of fraud and other irre8ul3ritSes. Each of the persons who Is a trustee atthe date of approval of this report confirmsthat: so far as each of the trustee is awère. there is no relevant material inforrnation olwhlch the charfvs accountsntsare uTraware,' and each trustee ha5taken all stepsthat they OUEht to have taken to makethemselves aware of any relevant matedal infomiation and to estèblish thattheaccountsnts are aware of that informatfjon. Mernbers of the charty8uarantee to contrfbute an amount not exceÈdin8 £1 tothe a5set5 of the charity in the event of wlndlng up. Approved bythe trustee50ThJvly 16, 2023 and signed on theSr ￿half by A8himen Oll¥er OMOb￿ IEvanEelistl Chair of Trustees Accountsnts. Report countarts. reporttothe board oftntsteeson preparatlon ofthe un•tsthted statutory accounts of Holy Blble Grace ￿l￿$trYforihe perlod ended 30June 1023. In order to asslst you tofulfil your duties under the Charfty Act 2011, we have prepared foryour approval the acwunts of Holy BiNe Grace Mlnlstry for the perlod ended 31 Mafch 2018 whlch comprlse of the Statement ol flnancial activitie5 Iln¢orporatlTh8 Income & expendlture 3ccountl. the Balance Sheet andihe rdated note51romthe¢harftysaccounting records and frorn informadon and expla￿tIOnS you have8iven us. This report Is made solelytothe Trustees of H(Ay 8iblÈ Grace Ministry, as a body. in accordance wth the temis of our engagement. Ovr work has been undertaken solely to prepare for your appfoval the accounts of Holy Bible Grace Ministryand 5tste those mattefsthat we have agreed to state to the Trusteesof Holy Blble Grace Ministry. as3 body. in this reportto thefulle5t Extent permitted by law, we do not accept or assvme responsibilityto anyone other than Hofy Blble Grace Mlni5try and its Trustees as a body for our work or fcr this ￿port. It is yourduty to ensure that Holy BIl￿e Groce m¥ni￿ry has kepr adequate accounting records and to Prepare statutory atcountsthatgive a true and fairwew of the a55e15, liabilitie5, fin8ncièI positSon of Holy BiNe Grace Mlnlstry. You consider that Holy Bible Gra￿ Mlnistry is exempt from the 5tstut¢)ry èvdiwinde￿ndenteXaMination requirement for the perfod. We h¥ve noi been Instructed to cafry Out an audlt/independeTht examinati￿ or a revlew ofthe èccounts of Holy B¢ble Grace Minlstry. For this reason, we have not verlfled the accuracyor completeness of the accounting retords orlnformation and e%planatlon5 you have given to usand we do w therefore, expres5 any on the statutory accounts. EagleAcceuntants Lirnlted 485 Oldham Road Rochdale OL164TF Date.. 03 September 2024 Holy Blble Grace Mlnlstry of financial actlvlties (Incorporatlng Sncome & expendlture account) For the year ended 30th June 2024 statement Note 30 June 2024 30 lune 2023 Income: Income from charltable actlvltles.. Operatlon of the thorlty 4975 6565 Incornt from sale5 of fixed assest.. Otherehurlty octlvittes Tot•1 Incom• 4975 0 6565 Exp•ndlturn: Expendlture on ¢horltable artlvttles.. Expenses on operation of the charltv 155081 176391 Costs of ralslnqlund5.' Other charltable actfvStie5 T￿#1 •xp•ndltur• 155081 176391 Net Sn¢om•l{•xpendltur•l •nd net mO¥•M￿l In funds lor th• y•ar -533 -1074 Reconclllatlon otfunds Total funds brought forward 1697 2771 Tot•1 fvnds ¢•rrl•d foww•rd 1164 1697 The notes ortpoqes 9 to 12form portof thesellnt7ftclolstutements Holy Blble Grace Mlnlsrry Sheet As at 30th June 2023 Balance Note 2024 2024 2023 Flxed ass¥ts Tangible assets CuYreThtassets Cash at bank and In hand D.ebtors 595 1697 595 Cr•dltors'. arnountsfa1ll￿ due wSthln oneyeir Nel current a55et5 595 Total assets le55 current SlabllWe5 595 1,697 Cr•ditors: amourtsfallSn¥ due aft•ron8ye Tol•l assets 595 0 1.697 Fufid5 Unrestritted fitnds 595 .1697 RestrSrted lunds Tot•1 fvnds 595 1697 The trustees are satssfied thatthe charity is entitled to exemption from the requ1￿ment to obtain an audivindepèndent examinatlon under settlon 144121 of the Charities Act 2011 Ithe 2011 Actl. The trustees of the charity have not required the charity to obtain an independent examination in accordance with section 144121 of the Art. The trustees acknowledge their responsibilities for complylng wlth the ￿qUIreMents of the Charity Act 2011 with respect to accounting records and the preparation of accounts. Approved by the trustees on December 28, 2023 and signed on the¢r behaff by.. Aghlmen Olfvew Omobud• IEvangelistl Chalr ol Trustees A¢¢¢untltt8 Polldes A¢¢ounilng¢onven¢iofts The financial 5taternents have been prepared in accordance wlth AccountSng and Reporting by Ch•rities'. Statement of Recommended Practice applltable to tharitie5 in preparing their ac¢ounts in ar¢ordance with the Financial Reporting 5tsndard applicèble in the UK and Republic of Ireland IFRS1021 (effective I Januèry 20151- Icharltles SORP IFR510211, the Financial Reporting Stsndard Bpplicable in the UK and Republ1¢ of Ireland IFR51021 and the Companie5 Act 2(KJ6. Moly blble Grace MSnlstry meets the deflnltlon of a public benefit enttty under FRS 102. A55et5 and liabilitie5 are 5nltially reco8nised at historitsl ¢05t or transactlon value unle55 Otherwlse stated In the relevant ¥ccountin8 policy r￿te5. Incomlnqresour All In£ominB resources are Included in the SOFA when the charlty Is legally entltled to the income, Is reasonably tertaln of recelpt and the amount can be measured with sufficlent reliability. In accordance wlth the SORP, no vèlue has been attrlbuted to the work performed by volunteers, 4lthouBh their work is onsidered vltal to the actlvltie5 of the chadty. Tlthe. R¢qulorgfferlnqoftdDonutlons Tlthe. Regular offerlng and Donatloris conslst of the total tlthe. regular offerlng and donatlon5 from members ol the church and other members of the pvbllc 8lon8 wlth Income Irom fundraising events. Companystotus The charlty Is o charStable Incorporoted Or8anlsatlon ICIQI. The members of the charlty are represented bv the tru$tee$ narned on pa6e 3. In the event of the d)arlly beln8 wound Up, the15•blllty In respe¢t Df the 8uor•ntee Is15rnlted to £1 per member of the Charlty. Resources expettd¢d EKpendlture is accounted for on an accruals basls and has been ¢la$slfted under he•dlnBs that •88re8ate all costs ￿lated to the ¢ate80ry. Costs of 8eneratlng funtls are those Incurred In seekln8 voluntary 5ncome and do not Include the costs of dlssern5natln8 Inform•tlon In sUPPOrt of the charltible •ctlvltles. 61ftold fjlft Ald lax reclalm51s reco¥n15ed for any Glft Ald ¢ertifl¢otes recelved up to two months afttrthe year-end. In relatlon to donatlons made pr5or to the year-end, where the Gift Ald tax reclairn app5icatlon wa5 filkd to HMRC prlor to the year-end. In many ca5e5 Costs are Incurred on projects before the relevant restrlcted Incorne Is recelved. Therefo￿. unless contrary to a donor'5 wlshes, Interest Income 8enerated from restrirted fund515 trtated a5 unrestrlrted. to Coverthe pre-flnantln¢ c05t5 Incurred. Operatlon ot the charlty 30June 2024 30 June 2023 Tithe offering Regular offering Donations 4.975 4975 6565 6565 30June 2024 30 June 2023 Other tharity artivtties F.Assets Disposal Bank interest Other income 30 June 2024 30 June 2023 Expenses on operatlon of the tharlty Accommodation and rent Advert and promotion Equipment Expenses Youth and children convention 95 450 Annual thanksgiving Motor Expense General office expenses Light & Heat Chargable Loss of Disposal Professional fees 250 566 356 83 175 319 213 ICKJ ITh) 7639 Tanglble fixed assets 30 June 2024 30June 2023 Cost Balance 8IF Additions Disposals Loss on Dlsposal Transfers Depreciatlon Charge for the year On disposals Net book value Cash at bank and In hand 30June 2023 30 June 2022 Bank 1172 721 Cash 585 976 1757 1697 30 June 2023 30 June 2022 Debtors Grant debtors Prepaid Rent Prepaid Insurance Other Debtors Total debtors C￿dItorS 30 June 2023 30 June 2022 Accountancy fees Total credltors