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2024-05-31-accounts

Registered Charity Number :- 1183376

COMUNIDADE BIBLICA MISSIONARIA

FINANCIAL STATEMENTS

FOR THE YEAR END 31 May 2024

89A Rushey Green

London cbglondres@gmail.com

COMUNIDADE BIBLICA MISSIONARIA

CONTENTS

FOR THE YEAR ENDED 31 May 2024

STATEMENT OF FINANCIAL ACTIVITIES ........................................................................................ 3 BALANCE SHEET .......................................................................................................................... 4 NOTES TO THE FINANCIAL STATEMENTS ..................................................................................... 5

2

COMUNIDADE BIBLICA MISSIONARIA

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 May 2024

Recommended
categories by activity
Notes
Income and
endowments from:
Donations and legacies
2
Investments
3
Total
Expenditure on:
Raising funds
4
Charitable activities
5
Other
7
Total
Net
income/(expenditure)
Net movement in
funds
Reconciliation of
funds:
Total funds brought
forward
Total funds carried
forward
Unrestricted
funds
£
Total Funds
2024
£
Total Funds
2023
£
109,695.11
109,695.11
86,727.18
-
-
(12,880.00)
109,695.11
109,695.11
73,847.18
21,973.48
21,973.48
36,686.32
79,901.48
79,901.48
47,793.90
740.16
740.16
827.28
102,615.12
102,615.12
85,307.51
7,079.99
7,079.99
(11,460.33)
7,079.99
7,079.99
(11,460.33)
15,329.54
15,329.54
19,016.63
22,409.53
22,409.53
7,556.30

3

COMUNIDADE BIBLICA MISSIONARIA

BALANCE SHEET

FOR THE YEAR ENDED 31 May 2024

Recommended
categories by activity
Notes
Current assets
Cash at bank and in
hand
8
Total current assets
Total net assets or
liabilities
Funds of the Charity
Unrestricted funds
9
Restricted income funds
9
Endowment funds
9
Total funds
Unrestricted
funds
£
Total Funds
2024
£
Total Funds
2023
£
-
-
7,556.30
-
-
7,556.30
-
-
7,556.30
22,409.53
22,409.53
15,329.54
-
-
-
-
22,409.53
22,409.53
15,329.54

The financial statements were approved by the Board on 12-Mar-2025 and signed on its behalf by:

Graciele Daleprane Trustee

4

COMUNIDADE BIBLICA MISSIONARIA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 May 2024

COMUNIDADE BIBLICA MISSIONARIA

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2024

1 Accounting Policies

1.1 Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.2 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 )” ( effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.3 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

2 Income from Donations and Legacies

Analysis
Donation
and gifts
Membership
subscription
s and
sponsorship
s which are
in substance
donations
Unrestrict
ed funds
£
102,793.44
6,901.67
109,695.11
Total
funds
2024
£
102,793.44
6,901.67
109,695.11

6

COMUNIDADE BIBLICA MISSIONARIA

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2024

3 Income from Investments

Total funds Total funds
Analysis 2024 2023
£ £
Rental and
leasing income
- (12,880.0
- (12,880.0
xpenditure on Raising Funds
Total funds 2024 Total funds 2023
Analysis £ £
Staging fundraising
events
- 6,683.
Fudraising agents - 4,961.
Advertising,
marketing, direct mail 100.00 5,726.
and publicity
Rent collection,
property repairs and 6,800.00
maintenance charges
Staff costs - 7,530.
Support Costs 15,073.48 11,784.
21,973.48 36,686.
xpenditure on Charitable Activities
Total funds 2024 Total funds 2023
Analysis £ £
Charity management
& administration
27,600.00 34,029.
Cost of services 5,433.00
Donations 15,507.88
Legal/professional
fees
2,400.00
Staff costs 12,797.12
Courier and Delivery
Services
550.00
Support Costs 15,613.48 13,764.
79,901.48 47,793.

4 Expenditure on Raising Funds

5 Expenditure on Charitable Activities

7

COMUNIDADE BIBLICA MISSIONARIA

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2024

6 Support Costs

Analysis Total funds 2024 Total funds 2023 £ £ Purchases 23,072.53 12,695. Travel Expenses 6,379.99 10,874. Insurance 694.44 Governance Costs Accountants fees 540.00 1,980. 30,686.96 25,549. Expenditure Total Total Unrestrict funds funds ed funds Analysis 2024 2023 £ £ £ Utilities 740.16 740.16 827. 740.16 740.16 827. at bank and in hand Total funds 2024 Total funds 2023 £ £ - Barclays 6,496. - Barclays 2 1,059. - Cash in Hand -

7 Other Expenditure

8 Cash at bank and in hand

8

COMUNIDADE BIBLICA MISSIONARIA

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2024

9 Charity funds

9.1 Details of material funds held and movements during the CURRENT reporting period

Fund Fund
Fund balances
brought
Income Expenditu
re
Transfers Gains and
losses
balance
carried
names forward forward
£ £ £ £ £ £
Unrestrict
ed funds
(7,374.18) - - - - (7,374.1
Unrestrict
ed
General
22,703.72 - - - - 22,703.7
Funds
Total 15,329.54 - - - - 15,329.5
etails of material funds held and movements during the PREVIOUS
rting period
Fund Fund
Fund balances
brought
Income Expenditu
re
Transfers Gains and
losses
balance
carried
names forward forward
£ £ £ £ £ £
Unrestrict
ed funds
(3,687.09) 87,396.45 (91,083.54
)
- - (7,374.1
Unrestrict
ed
General
22,703.72 - - - - 22,703.7
Funds
Total 19,016.63 87,396.45 (91,083.54
)
- - 15,329.5

9.2 Details of material funds held and movements during the PREVIOUS reporting period

9.3 Transfers between funds This Year

9

COMUNIDADE BIBLICA MISSIONARIA

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 May 2024

Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds Last Year

Amount £ Amount £

Between unrestricted and restricted funds Between endowment and restricted funds Between endowment and unrestricted funds

10