Charlty Règlstratbon No. 1187688 Company Registratlon No. CE020455 IEngland and W418sl THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) LEGAL AND ADMINISTRATIVE INFORMATION Trustèos MrDAHall J Hall ESHall A Mckenz Charlty number 1187588 Company number CE020455 R•glstsrod offl¢• MISSI￿ House 6 Craven Pa Harlesden London NW10 8SY England Independent examlnor Newton & Gamer Limited Building 2 30 Friem Park North Finchley L¢y)don N12 9DA THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) CONTENTS ge Trustees. reF Independent examiners. repjt ststement of financial actiwties Balan￿ sheel 10 Notes lo the ac(xunls THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their report and aceL￿nIS for the year ended 31 March 2024. The accounts have been prepared in accoTdance the accounting ￿lIcIeS set out in note 1 to tre accounts and ¢ornpty wth the charitVs governing document. the Companies Act 2¢X6 and the Statement of Recommended Practice, "Accounkn"ThJ and Rewb"rwJ ty Ch8nties". iss4*d in March 2005. Structur•. governance and managemtnt The charity is governed by a board of Trustees appointed as determined by the Constitution. The Pentecostsl City Mission Church Iwllesdenl, projects and erthes and oFerabons a￿ govemed by the b4)dy of Trustees delegating the day-ltrday lurKb"ons aThJ leadership lo appointed managers. The charity has appropriate Fdic*s in place for heath and safety, safeguarding, equal opportunitie5 and data Protection. The trustees. who are also the directh for the purFose of eompany18w. arKI seNe(I during the year were.. MrDAHall J Hall ESHall A Mekenzie The Pentecostsl City Mission Iwllesdenl. {PCMCI income is made up of donations from individuals. donations from Cty Mission Hub Ltd, grants arKI proiecl income and thrwgh grfl Wd. Afflllatlons and connectlons Since its establishment in 1964. PCMC has worked in asso¢iab"on wlh the Intemational Pentecostal Crty Mission (also referred lo as Pentecostal Cty Misyon Incl. being an intemational religious body. The Intemalional Church sets the overarching slrategy, the county Church's and branches operate indewndently governed al a local level by the missionary goals and ethos of the Intematr)nal Church. There is no finanual Interdependency between thg main UK Church and the iyanches. PCMC Iwllesdenl has 8 separate chanty number and has full control over it5 business development strategy. fina￿e and assets. The main office bearers of the chanty a￿ the Chairman. Secretary and Treasurer (who are memters of the Church Counc31l. The Senior Pastof is the Chairman ar￿ is re¥Kmsibl8 for ensuring that the daity aclivitss of the charity are In aCCordar￿e wth the charty objectjves THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Our board thisists of ftyjr dedicated trustees provth strategic Wership. wtsunng that our organisation's systems and Processes are effeth"ve. effiuent. transparent. and accourrtable. These trustees oversee the charity's mission and objeth'ves, meetin9 at least quarterty. Add￿onallY. the subcommittees, induding finance 8nd Safeguarding. meet rnonlhty to maintain owatsonal oversight and ensure that we uphold the highest standards of wactice in all areas. As a registered charity, we Continue lo demonslrale our unwavering commftmenl lo transparency and accounlabilty by complying th all relwant regulations and guKlelines. Throughoui the past year, we have strived to strengthen our relat￿nShipS with key stakeholdeFS, induding dor￿. parts)ers, and 0)Mmun￿"e8 we serve. Through0￿ the year, the Twslees have conducted regular aThJ made informed dec￿￿0￿5 on ktrl areas, induding.. Rbk Manag•m8nt: The Trustees remain wgilanl in assessing and managing risks that could impact OLtr organi5abon's objectives The Board regularly updates the risk management framework and maintains a detailed risk register. This indudes key risks. likelihood of occurrence. potential impact, and mrtigation strategies The Boafd continues to identfy and review risks to the charity and ensures that robust controls ar8 in place to provide reaSona￿e assurance against fraud. erTor. and other potents'al threats. Both finanual and non-financial nsks a￿ monrtored monthly. wrth appropriate rne88ures taken where needed. Pollcy R￿1￿ and Compliance.. V¥È uphdd a comprehensive set of $tatLrtory and operational poliaes, all of vthich are Subject to wular review. These policies, covering safeguardiThJ, privacy, diversrty, equalrty. and fi$￿1 management. ensure our compliance with relevant laws and best pracknces. Staff and volunteers are trained regularfy to ensure the effoctive •M￿ementatiOn of these policies 3n¢J 8dherence lo regulatory standards. Reserves Pollcy". In line ￿th our ¢ommilment to ￿terrn $￿tsin•￿"1￿. we maintsin a pwdont reseNes poliw. This policy ensures that we have sufficient reserves to meet unexpected challenges, while continuiffj lo allocate ￿$OUrceS tCN4ard ddivering tharrtable activities an j￿Iling our mission. Oblxtlv•s and actfvltles In the fiscal year ending March 2024. we reaffirme(J our dedi¢ab"on to serving the community and addres*ng the needs of indivKluals acr05S the waids an(J neighbourhoods we SUPFKJrt. The charity pursued ils mission through range of objecbves and impacthJl actiwties. As ¢yJtlined in rxjr constitution. our tharitys 04'ethves are.. To athance the Christian faith in accordan￿ V•ith the Ststement. in such way$ and in such parts of the Llnited kn'ngdom or the worfd as deemed appropnate ty the Church Cour￿￿1. To relieve sickness and fi￿ar￿la1 hafdship ant1 promote heatth through the provision of funds. goods, or seThices, induding counselling and support, in areas idents.fied by the Church Council. To advartt educats'on in the Unrted Kingdom cw other parts of the world as the Church Council sogs The tnjstees have p8id d[￿ ￿era lo gUIdar￿ iSsL￿d by the Chanty commissi￿ in deciding what adivities the charity shoijld undertake to best achieve these obl￿￿'¥eS. THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Over thè p851 15 years. our ehanty has become an indispwsable part of the South Brent and North Hammersmilh communrties, consistenlly responding to the evofvirwj need$ of residents Our urmavering commitment lo improving the sooal welfare of individuals in Hade5den. Old Stonebridge, College Park. and the Sufrounding area$ has driven u5 to provide essential SerV￿e6 and prqect 8thvities that aodress gaps in local provision. Al the heart of our approach is the bel￿1 in the Fty)w of community *ngagemont and indusivity. To ensur¢ our services remain both relevant and bmpactlul. ac*vely seek inF¥Jt and parti¢ipatscfft from the mmunty. Our engagement plan promoles equal access and involvement from our Core 5erviee groups arnl residents throughout the neighbourhoods we serye. This inclusive approath 18 mirrore(1 in the composition ol our subcommittees, staff. and volunteers. all of vhvn are drawn from the local communty. Their insights and experiences play 8 crucial role in shaping our lo meet the speofK needs of our benefioanos. We tske Con￿derable pride in usirvj wnmunty feedba(* lo dti8ign and refine our project8. P8rticul8rty when applying for ftsnding. Thi¥ ensures that our efforts remain respon*ve lo t￿ currenl and ftrturg neods in the ar68. By foslering indusivity and athvely involving the communty in deu'sion-making proceswJ, we guarantee th81 our acts'V￿.é$ are acceswble and relevonl to 811. Looking ahead, wè remain commrtted to c(yttinuousty improving our service8, With a particular focus on eommunity-driven initiatives and proiects that pnorrtize the Wel￿b￿n9 of our ￿nefiCIan8$ Building on our solid foundation wthin the community. we aim lo foslef a ￿nSe ol belongir¥J and make a lasting, p)silive impact on the lives of It￿se we serve. MMtlng• and mlnl•trl Throughout the year. we have deepened ¢)ur eng8gement vmh the k>c81 communrty by provldlng regular access lo meetings aThJ ministries. These gathenngs have proven invaluoble. offering insigttls into the pressing issues and challe￿$ faced by Individuals wlhin our communty. Through consislenl and open communication, we have been atrAe to tailor our services to better meet the $pe¢ifi¢ needs ol Ihose we serve Our me¢ting¥ and ministnes have fostered a deepor ur￿er$I$ftdlng of the community's con¢ems. alkrmng us lo respond wth services and SUPPDrt that reflecl their realities. Yhe Church is not 8 builtjing or an in$litthion, but a people - called lo be $811 and light in every sphore of I￿e." This beli￿ guKle8 our commitment to both lailhfvlne83 in our mission and flexibility in our methods. P••tornl carn Our pa¥loral care programme has c0nknnl￿d lo be a comerstone of our work. providing essgnlial support to Individuals 8nd 18m11￿ lactrg challenging times. espw'ally the long tail aftermaths of Ibe pandemic and the on90ing cost of liwng cnsis Through compassionate guid8n¢e and practical assistance, we have offered ¥ source ol comfort arKI empowemenl lo those navigating variou8 life challenges. The SLKcess of the program reeeives Kx)silive feedback from beneficiaries. who have found renewed hope and $trèrW in trth"r ioumoy I￿￿4rd$ healing and resiller￿. Clty Ml••lon Chlld C¢nts¢t C•ntrn Our Chil¢Jfen's Contact Centre serves as 8 neutral arKI supportive environment for children lo mair￿1n contact ￿th their non-fesdent parent. Enhanced acuediled by the Nalional Association of Child Contact Centres INACCCI in 2020. we have been successful in in¢re88ing our seM¢es to multsple local aLthorrties. Equipped ￿approP￿ate toys and fxilitiès. our center offers supervisfjd. supported. escorted an¢J handover contact services. Operatin9 six days a week. induding ovt-of-hours provI￿ons. we serve an avera9e of 15 families weekly, wth contsct dufaty'ons typically lasting be￿n 3* months. THE PENTECOSTAL CITY MISSION CHURCH IWILLESDEN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Clty Mlsslon Fo¢xl Ald Partn•rshlp: Responding to escalatirrfj fixxl insetsjrty caused by tr* cost of living yessures on l0￿1n¢0me families and individuals. our food aid initiative has expanded ￿g￿￿Can11Y in the past year. ncw distribute frorn ￿tes, do weekly %thde5ale drops lo East London, wth supwrt from our surplus food ne￿rk partners volunteers. Currentty our fc*)dbank distn"butes 7 b.mes a ¥thk to over 900 irfflivbduals and famili&s. We also distribute vleekly lo local primary schools, and direct to a depot in the borough ol Hackney which serves 300 users per week. coukl not have athieved these outeL)mes wrtl￿Ut the support of r Surplus food nthork sup￿lers including Felix Proiecl and Cty HoThest and Ihe help of our loam ol o)mmitt8d volunteers. The Food Aid Partnership was successful in applying and re￿Ved grant fiJnding from the Community Organisations Cost of Living Fund through The N8b"onal Lottery Communty Fund. The grant helped us lo expand our I(￿bank'S capacity to meet ri￿ng demand, providing enhanced support to the most vulnerable in the cKJmmunity. In tl* 5-month grant peri¢>J we ¢onducted 88 dislribub"on$. ￿8¢hing 2.360 individuals with 11,400 food parcels. Our lood ￿e￿nIk partners were instrumental in exceeding wr tsrgel outcomes. suprrt)rted by a ￿SOlUte team of volunleers whose numbers increased from 6 to 15. u)ntributing 3.960 hours in the period. ￿ were asked lo do 16 extra vtholesale distribirttrons on our regular days by SUP￿1￿8 had been donated unexpected additional stocks of food. are continually adapting our food distn'bution to cater to the speafic needs of users. Fron June 2023 we added a distribLrtion day on MorKlay5 dedicated lo elderty. infimi and disabled users. This came from a need Identsfied by our management team an(J volunteefs which improved ease of access for a particular client group. rKenlly launched a Subscript￿ membershipbased Onli￿ notFfood panty through a e- platform managed by the Felix Project. By joining. members gain access to an indusive online Sto￿ Whe￿ they can receive up to 10 complimentary non-fotx1 prc4ucts each week as a benefit of their subscription. The trst0￿ offers the choice of a range of branded household, loiletry. sanitary. cosmetics and includiThJ recyded products. The online store is ￿Mrnrtte￿ lo promoting the limiting of waste by providing qu81rty surplus food and products to people in need in 8 sustsinable way. Youth Engagement: We provided support to yourvJ peop￿ to engage them in Fositive athvities, provide guidance. and to foster a sense of communty b8longing. This activty included our church youth action and leadership programmes, music tu￿On. youth club. (xrtrea¢h. adutt and peer mentoring support. Elderly health and wèllbalng: r Elders dub. held every Thursday. offers a ¥itrf8nt space fr)r IOCAI seniors aged sixty.five ST above to 5walise, engage in games. and partiapate in fvn exercises Pfomotsng physical and cognrtive wellbeing. Addressing issues of i501th.on and Ic**liness. our provision fosteTS a supportive communty envirofimenl In summary. our organisabon plays a vit81 role in addressing the diverse needs of our communTts"es. spanning from faalitating famity contacl to wnbating food in5ecurty. supporting youth development, enhancng educational opportunities, and promoting eklerly wwlbeing. Through strategic Partr￿TshIP5. dedi¢*ed staff, and committed volunteers. we continue to make meaningftjl contn"bution$ towards improving the live5 of IIK•se we serve. THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 8ulldlng for the future. As we look foThr4rd to the ftrture. are e4)mmitted to c4y)b"nu(xtsty improving our services. wth a fc¢us on COfTrmunity-driven iniliabve5 8nd proje(as that serve the best interests of our benefi(￿arieS. The Charity is dedicated to building on its strong loundatson within the communsty. 105tering a sense of belonging. and making a lasting positive impact on the live5 of those V￿ serve. We take prKle in utilising communty feedback lo deswJn ènd taiby wr projects, espeualty when applying for funding. By doing so, we ensu￿ that our endeavours remain responsive to the current and fvtUTe need5 of the area. Our adivrties promote inclu￿VIty, granting equal 8CLess lo all ￿￿dents. while ath.vely involviNJ the community in the dea￿On-making prec￿. Key Prlorltles for the Next 12 PAonths Ovef the coming year, the Board of Trustee5 has agreed f￿e Pr￿ areas to expand our impact and better serve the communty. These indude.. Falth: Continuing to fulfil wr Missi￿ of weathing the V•Y)rd of God. providing w'ritual education, 5UPPOrt. and strength lo those we reach through the gospel. GTven the diverse nature of B￿ft1, we wll seek to paTts'¢ipate in interfaith dialogue and ¢ommunity events lo promote understanding and respect behveen different relig￿$ grcAIps. Food poverty: The aim of providers working lo address food povety is to make the need lor foodbanks redundant. Until that goal 1$ achieved. we are well posiboned lo expand our foodbank wholesale distTibuiions to meet the increasing demand for food aid in our catchments. The tnjst we have built with our surplus lood netsvork, the Ic￿1 communty. and delivery partneTS means ttave the found8tsons to become a distn"butson for the sub region and acr055 Londm. S•parat•d famlll•s. To ensure the long-temi Wa￿lty of our Children's Contact Centre. we 8re ath'vely explorin9 Strategies to enhance our financjal sustsinabilty. This indudes diverstying our fvnding source$. optimising our opefalional efficiefKy. and seeking partnerships with local organisalions lo support our mission in cash and in-kind of provKling vrtal serwces lo families in need. Youth Eng•g•m•nt: DeveW'rvJ and applying for ch¥rtaNe luThJing to tsrylitate further youth engagement and training projects that provide guidance. fo$ter a sense of beknnging, enharKe the skills and opportunbti'es for young peopk. h￿￿'ng them reach their trjll potentsal. Soclal Isolatlon". Continue to Pfogramme social events and communty gatherings lo combat social isolation. partifxjlarfy amorvj older adutts arKI th¢)se from marginalised groups. This 4MII include athvrties such as Coffee mornings, lunch dub. cJJttural celebrations. organised day trip5, inlergenerth"on81 events. and health & wellbeing support. THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnanclal rnvlew PCMC derives Its Income from Indiv￿u•l donal*)ns. donations frcrfn the Crty Mission Hub Ltd. and gfi aid The Trustees are grateful lor the donabons T￿e1ved and are prepared to use reserves to continue the mLrh-needed work of the charity. Income received for the year lotslled £101,161. Direcl charitsble expenses totolled £87,974 resulting in a surplus of£13,187. Dlr•¢tor¥' R•¥pon$lbllltl•B Under the charit￿$ Act and the Companies Act. the Board of Directors is required lo prepare financial 6181emenls egch year that provide a true and fair view of the charity's finarrial position al the of th8 fiscal year, as well as its surplus or defiut. In preparing these financial statemenls, the Board 1$ responsible for.. il Stleding appropriate accounting policies ond apptying them COn￿sten￿,. ill Making judgements and estimatès that are reasonable and prudent.. iiil Preparing the finartial statements on a going concem basis urtess il is Inappropriate to 85sume that the charity %MII continue operati¢)n$. and N) Stats'ng whether applicab￿ accounting stsndards and recommended praclKg$ have been fdlowed. ￿th any matenal deviab.ons disclos•d and exploined In the financial Statements. In ad¢Jilion, the Dtrector8 mu81 maintain adgquate accounting r8(>)rd# th•1 acC￿rat8￿ refiect the charity's finandal posrtion al any given lime, ensuring that the finanual statements comply ￿th the Compani*s Ad 20C6 and relevant Charities Act Tegulalions. They a￿ also tssked wlh safeguarding the charity's assets, takj'ng reasonable Bteps lo prevent fraud and other Irregularilies. Directors are furthof responsi￿t for Ihè cthent of the Rw*rt of th• Dir•ctty3. The indfjwnd?nt examlner, responsibility conceming the rewrt is limrte(I lo ensuring that, basèd i)n 8 le￿eW of the report. there ore no Ineonsislencles wth the figures pre8enled in the finan¢ial statements. Th9$8 accounts have tjeen wepared in awd•￿e wth the prwslc￿J applicable to comp8nie8 8ubjed lo the Small companies. regime InvMtm•nt Pollcy •nd ObJ•ctlv•• The Trustees h8ve implemented 8 robust investment policy to 9￿de the management of the charity'8 financial assets. The prim8ry objectives are to preserve c•ptal. generate income. and ensure Ihol fvnd$ are readily available lo support tho charty's ongoing activit￿. The trustees have delegated deo%LM-making ￿ Investm￿ matters to thè Finance sU￿cOmMIttee. The trustees opefale under the Trustee Act 2000. Ithich cMJtlines the gener81 powers of invostment. en considering invg$tments, the charty seeks lo achieve the best financial return while rnainlaining on acceptable level of nsk. Given Ihat Ihe thaws assets are irrtended for ghort-tem use, captsl preservation 1$ of utmost importance. The chanty's assels ar¢ lo be held in cash or neafCommitlee is reSpOn￿￿e for agreeing on slrotegy and monrtoring the perfom8ru ol inve51ments. To meet future project and capital needs. the charity conbnues its lundrai%ng efftJrt8. The entire a88et base is managed wth a lime hLYoon ol less than three years. The tharty manages its own cash depo￿1$. a ¢Jesignated list of auth0ri5ed signatories-two signatories are required to 8uthorise any transactions. The Finan￿ M8nagef monitors cash flow and report5 to the Boar¢J of Trustees at each meeting. The Finance sU￿cOMmittee annually revw the investment to ensufe rt remoins oppropriate for the chanty's obj'ectives. THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Pollcy on Reser¥es The Trustees have adopted a prudent reserves Fdicy wmed at maintainry a rnodest level of reserves. This policy is designeT specffications and regulatory requirements. ensuring that these fvnds a￿ exdu&vely used for their designated wrposes throughout the year. Golng Concern Following a thorough ￿vIeW of our finanual Fx)SFts"cm and Projecti￿$. the Trustees have reasonabb confidence that the charity will corstsnue to operate as a going con￿rn. As at the date of approval of this report. and the financial accourts, the Trustees have assessed. in compliance with paragraph 25 of IAS 1 Ilntemational Accounting Standards), that the accounts of 'The Pentecostal City Mission Iwllesdenl. have been prepared on a -Going CLYKem' basis. The Trustees have rn) intention of liquidating the chanty's assets or to cease Operat￿S. Statement of dlsclosurt of the Indtp•ndent Examlnatlon engaged an independent examiner to condLKt an examin8b.on of our financial stalemenls. ensuring compliance %wth applicable accounting standards and regulalory requirements. In so far as the Twste8s are aware 8t the time ol approving our Trustee's annual report, there is no relevant information, being information needed by the Independent Examiner in ¢onnttts"on with preparing their report. of which the Independent Examiner is unaware. The Trustees believe that this report is a fair. tsalar￿0 and an untjerstandable revie4¥ of the charty's structure, legal purposes. objectives and activities. finanaal perlofmance & financral position. 11 is the policy of the chanty that unreslricted fvnd$ vthich have not been designated for a SPe￿C use should be maintained at a level equivalent to betr￿en thre& and six-month's expenditure. The trustees considers that reserves at this level will ensure that. in the event of a $KJnthcant drop in fvnding. they wll be able to conts'nue the charity's current adivilies vthile con&defats'on is given to ways in which additional fijnds may be raised. This level of reserves has teen maintained throughout the year. On behalf of the board of trustees MrDAHall Trustee Dated.. THE PENTECOSTAL CITY MISSION CHURCH IWILLESDEN) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) I report on the 8¢counls of the charty for the year ended 31 March 2024. whith are sel oul on pages 9 10 13. Resp•ctSve rnsponslbllltles of trustees and examlner The Iruslees, who 8re also the directors of THE PENTECOSTAL CITY MISSION CHURCH (WLLESDENI for the purposes of company law. are responsible for the preparation of the accounts. The trustees consider that an audrt s not requi￿￿ for this year under section 144{21 of the Charitie$ Act 2011. the 2011 Act, and that an independent examination is needed. Having satisfied myseff that the chanty is not subject lo ?￿Irt company1•4V and is eligible for independent examination. il is my responsibilty lo". lil examine the accounts under section 145 of the 2011 Acl". lil) to follow the procedures laid in the general Directions given by the Charity Commission under section 14515llbl of the 2011 Act. and liiil to state whether particular matters have ￿me to my attents"cm. Bas1$ of Indeyndont •xamlnorfs rnport My ex8minalion was ¢arned out in aCcOrdar￿ %Mth the general Directions given by the Charity Commission. An examinats'on indudes a review of the accounting records kept by tr*e charrty and a comparison of the accounts presented wrth those Tecords. It also includes conskjeration of any unLtsual rtems or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an aL*Yil and consequently no opinion is given as lo whether the accounts present a 'lrue an¢J fair view and the report is limited to those matters set out in ttre statement below. Independent examlnerfs statement In connection my examination, no matter has come to my attents"on". lal which gives me reasonable ￿use to believe that in any malerial respect the requirements" to keep accounting records in accordance wrth section 386 of the Companies Act 2006., and lill to prepare accounts whTrch accord ￿ th8 accountiThJ records. comply the accounting requ1￿MentS of 396 of the Companies Acl 2006 and the methods and principles of the ststement of Recommendèd Prxtice." A(xounting and Rewrting by Charities. Ibl to ¥thich, in my opinion. attenb"M shwld be dra4W in order to enabbe a proper UfKlerslanding of the accounts lo be reache(l. Nevrton & Gamer Limited ICAEW Building 2 30 Friem Park North Fin¢hley London N12 9DA sIL 0,1> 22KI THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Donations and legaaes Incoming resources from charitthe ac*vths 31.808 69,353 121,063 20,613 Total Incomlrw rnsources 101,161 141.676 Charitable activitles Diiect Expenses 10.244 28,247 Govemance costs Tl,730 113,190 Totsl resour¢•s •xp•nded 87.974 139,437 Net Income for the ye•rl Net movement In funds 13.187 2,239 Fund balances at 1 April 2023 38,605 36,266 FuTrd balances at 31 March 2024 51.692 38,505 The statement of financial activrhe5 also ¢ompl*s the requirements for an income and expènditure account undef the Companies Act 2006. THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Flxed assets Investments Curr•nt a8s•ts Debtors Cash at bank and in hand 94,699 1925 85,419 633 Not currènt asyets 97.624 86.052 Total as¥•ts l•ss ¢urr•nt Ilablliti 97.626 86,053 Credltorn: amounts falllng du• after morn than ong y•ar 146.9331 147,5481 Net assets 51.692 38.505 Incom• funds Unrestricted funds 61.692 38.505 61,692 38,505 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 20(6, for the year ended 31 March 2024. No member of the company has deposrted a notice. pursuant lo section 476, requiring an audit of these account5. The directors a¢*novAedge Ihwr respongbilib.es for engjnng that the company keeps ac￿nting re<￿1$ which compty with section 386 of the Act and for preparing a(tounls gNe a true and fair view of the state of affairs of the Company as al the end of the finan￿al year and of its incoming resour￿ and application of resources, inclLKling rts income and eXpendrtu￿. for the finan(ial year in 8ccordance wih the requirements of sections 394 and 395 and which otherwise comply ￿th the requirements of the Companies AL# 2006 rel81ing to accounls, so far as applicable to the company These accounts have been prepared in accordance V*ith the specaal provisions relats'ng to small comwies within Part 15 of the cOmpan￿sAct 20￿. 0% 1¢ The accounts were approved by the Board ￿ ........ ..... MrDAHall Trustse Company R•glstratlon No. CE02046S 10- THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ountlng pollcl•s 1.1 8asls of preparatlon The accounts have been wepared undef the histoncal cost ConVentK￿. The accounts have beon prepared in accordance wilh aFWieab￿ ac¢cMJnling 8tandafds. the Stalemenl cl Recommendfjd Pracaice, "Accounting and Reporting by Cfianties", issued in March 2005 8nd the Compan￿3 Act 20(￿. 1.2 In¢omlng rnsourc All income is accounted in the Statement of Finawal ActNitiès vthèn thartty is legally entttled lo the incomg and the amount can bè guanlffied wrth ieasonable accuracy. Gift ￿'d relief in rd81￿ 10 don8led Irthme l• wnis&J at ￿ tsme the donalion Inoyne Is reeeiv*bl8. Incom• from grontod funds are recogniaed 88 above ththen rKwvable. In¥￿180 Income is accounW for wthon Tee8iv8bl8. 1.3 Rvourcm •xp•nd•d All expenditure 1$ a￿￿r￿￿d lor ¢)n An acuuals basis has b8en InclLthd under exynee calegorigs Ihal aggregate all costs for allocation to oclivrties ￿herfj wsts cannot be directly attributed to particular adivilies they h8ve been 011c￿ted on a basis consistent wlh thè use of the resovius. Central overhe8d costs are ollocated on the bas15 of staff time attnbulable to P8rticul8r adivibes. Support costs are those co815 incurred directly in 8UPPOrt of expendilufe on thg obj'gcts of ihe chanty. Governanet eosls are those Incur￿1 In ConneCt￿n wrth enabling the charity lo comply ￿th extemal regulation, conslilutional on(1 statutory Toquirementy and in prov￿lf￿4 8uppcrfI to the trustees in the di8d￿rge of their slalulory duli•8. 1A In¥••tm•nl• Investments are state11 at market Volue 01 thg balaru sheet date. The Statem6nl of Financial Activlli88 includes the nel gains and losses an￿￿9 ¢Jn revaluations and disposals Ihrtxffjhoul the ye8r. 1.6 Accumulated fund* General funds are unresth'cted lunds V•fiich •r• •¥ailabl• for LO• at discretion of the trustee8 In fijrtherance of the general obieclive5 of the charity and v*fith have not boen de8ignoled for other purposes. Designated funds comprise unrestrKted fvnds that have been set awde by the tW8tees for parts'cu14r purpgs09. The aim and use of eath designated fvnd ts set out in noto$ 10 tho financial ststements. Don•tlon• •nd l•gacl•s 2024 2023 Donation5 and gifts 31.808 121,C63 11 THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 In¢omlng resources from charltable actlvltles 2024 2023 Grants Hall Hiro 69.363 12,000 8.613 69.353 20,613 Total resources expended 2024 2023 Charltable actlvlll•s Activities undertaken direct 10.244 26,247 Governance costs 77.730 113,190 87.974 139,437 Tru$tee8 None ot the trustee5 {or any perS￿S connected them) received any remuneration during the year. Employees There were no omployges during the ￿r. Flx•d asbet Investments Mark•t valu? at 1 Aprll 2023 and at 31 March 2024 The investment is in Cty MISS￿ Hub Ltd, a 100% vwned operating subshliary that runs a nursery. 12- THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) NOTES TO THE ACCOUNTS (CONTINUED FOR THE YEAR ENDED 31 hlARCH 2024 Debtors 2024 2023 Amounts 0¥￿d by group undertakings 94.699 85,419 CredStOf5: amounts falllng due after morn than onè year 2024 2023 Bank loans 46.933 47.548 13-