Registered Charity No- 1188082 Resurrection Power & Living Bread Ministries International Coventry Branch Trustees, Report and Accounts For the Year Ended 30 November 2023
CONTENTS PAGE Legal and Administrative Details Trnstees, Report Independent Examiners, Report Statement of Financial Activities Balance Sheet Notes to the Accounts io
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30" NOVEMBER 2023 Tstee8 l. Pastor Enst Agyapong IChair} ATh2bell B chsU 3. Martin Kusi 4. MattW Adu Charfty registeTrd Number 1188082 Dle of Charitable Regl8tratioD 20" Feb 2020 Prfll¢Ip office 29 M¢adfwt Ro&1 Co%¢rrttJ CV3 3DX Independent eIaminen Accouming Assist Ltd Clo Good to Give Ltd Banker8 HSBC Bank
TRUSTEES, REPOR T FOR THE YEAR ENDED . NOVEMBER 2023 Th¢ Board of Trustees. 'hO are the trustees for Charih. laTh PUTpose& submit their annual report and the financia] statements of Rosurrection Power & Living Bread Ministries Intemational Covcntry Branch for the year ended 30 November 2023. The Board of Trustecs confimis that the annual report and financial statements of the Chlty complv with cu¢nt statutory requircmcnts, the requirements of the Charity's goveming document and the provisions of the Stament of Recommended Pra¢ts'ce (SORP) 'Ac¢ounting and Rcporting bv ChaTities (revised 2005),. Slructurt, governAJ)ce and management The 4 Trustees are: l. Pastor Ernest Agyapon8 (Chair) 2. Anabell B Owuu 3. Martin Kusi 4. Matthew Adu Th¢ Trustees play a primary role in ensurin8 good governance and fundioning of the Charity. Th¢ Board's role, fimctions and spOnSibl11t1¢s are quite clearly defined. Governing document: Resurrection Power & Livmg Bre&1 Ministries Intrrn8tional Coventry Brancb is a Charitable Incorporated Organisation (CIO) and giStered as a Charity, on 20 Feb 2020. Recruitment and Appointment of tru$t¢ei: The members of the General Twstee Board ar¢ trnstees for the purp05¢8 of Charity law. trustees Tna}' be appoinied by resolution of a meeting of the trnstees. The G¢neral Trustee Board se¢ks to ensure that the n¢eds of this group are appropriately flected through the diversity of the twstee body To enhance th¢ potentsal tK)ol of tne$, the Charity has, through selective advertisin8 and rtetwothing voluntsTh' or8aniZions a¢tivc in the sector, sought to identify those who 'OUld be willing to become members of the Charit>. and use their 0.n expcrience to assist the Charitv. Risk Management: We are committed to a txylic). of id¢ntify'in8, monitoring and managiltg the risks that might adverselv affect the activits.es in which w¢ are involved. In this wntext, risk is dcfined as thc potents.al to fa]'I to achieve Charits, objectives and for loss. financial and rUtatIonal, inherent tn the environment in which w¢ operate in th¢ nature of the trdnsartions undertaken. The principal risk of the Charity has been its dynd¢nce on voluntary incom¢. Trnstee5 have irritiated various processes to miligate such risk, so th the Charity h&8 suffi¥ient reserve in the event of adv¢rs¢ wndition{s). The trustees have also examined other operational and business risks which they face and confirm that they have tsken s*ps to miti8at¢ the signifi¢ant risks. Publie Benefit: The Trustees have complied 1th the dut5T in Section 4 of the Charitics Act 2006 and have paid due regard to public benefit when preping this report. The benefit provided to thc public is consistent with the aims of the Clwitv in UK.
TRUSTEES, REPORT FOR THE YEAR ENDED 30" NOVEMBER 2023 Objtetives and activitie5: To advance the Christian faith frir the benefit of the publtc in accA)rdance with the statement of believes in suth was and in such parts of the United Kingdom &8 the trnstees from time to time may think fit including promoting and understanding of equal ttEatmenl of all. The relief of sickness and poverty of the general public by providing g¢N)ds and mcals to those experi¢ncing hardship. Financi41 review: The larg¢sÈ Contribution to the Chanty for the }'ear came from genernl offering5. The Charity has be8un its charitable activities from its inception. The Charity CUTrently aims to designate the total fund received less expenses for the maiD obj¢ctivc of th¢ Charity. Plans for future periods: Th¢ Charity plans to develop various fundraÉsing strategy to include mass matketing. Besides m&8S marketing and ev¢nts, the Charitv is aiming to achieve its tsrgets through securing donations from willin8 individuals. A development board ma). be Created to help includc other avenu¢5 of fundraising to be included in thc yearlv PTO8ramme. Statement of Board of Trustees, responsibilities The Board of Trustees are responsible for preparing the Annua] Report and the financial statements in accordanc¢ 1th applicable laTh' and United Kingdom Generallv Accepted Accounting Practice. ChaTity la, applicable to charities in Englandlwales requires the Board of Trnstees to prepare financial statements for each financial vcar which giv¢8 a true and I"r view of th¢ state of affatrs of the Charity and of the surplus or deficit of the Charitv for that period. In preparing those financial statements the Board of Trustees have.. Selectrd suitable accounting policies and applied them consistently. Madc judgments and ests'mates that are reasonablc znd prudent. Stated whether applicable acwunting stsndards have been folloed, subject to any material departures disclosed and explained in the financial statements; and Pr¢pared the financial statements on a going concern b&sis (unles5 It 1$ inappropriate to pffsume that the Charity 111 continue in operation). The Board of Trustees h&8 overall responsibiliti, for ensuring that the Chariti. has an appropri&e syslem of controls, financial and othem'ise. The). are also responsible for keeping proper accountin8 records which disclosc reasorkable accuracy at any time the financial posits.on of the CharitN' and enable them to ensure that the financial statements wmply with the Charities Act 1993. They also r¢spon8ible for safeguarding the
TRUSTEES, REPORT FOR THE YEAR ENDED . NOVEMBER 2023 assets of the Charit5, and h¢nce for taking reasonable steps for the detection and prevention of and othcr irrcgularities. The Board of Trustees is responsible forthe maintenance and integrity of the cotpor and financial infomiation. Legislation in the United kn"ngdom goveming the preparation and dissemination of financial stat¢ments may diff¢r from legislion in other jUrisdi10n8. Statement of dIlOSurV of inforniation to indep¢ndent ¢xaminer We, as the Truste¢5 of the Charity who h¢ld officc at the date of approval of these financial statements as set out on pag¢ 3 ¢ath nfirn1, so far &8 we are aware, that.. There is no relevant infom]ation of which the ChaTity's independent examiner are wiawar¢; and we have tsken ail the steps that we ought to have taken as Trustees in order to make ourselves aware of ans.. relevant infomiation and to ¢stablish that the Charity's independent examiner 15 aware of that lnfonnation. Independent Examiner: The Charity's independent examiner, Anum H&8san, FCCA of Aceounting Assist Ltd Clo Good to Give Ltd. have indJ'&qted their willingness to offer themselves for appointsnent. This report was approved by the TTusiees on and signed on their behalf by.. Name 11- vg-2Q24
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED ), NOVEMBER 2023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RESiiRRECTION POWER & LIVING BREAD MINISTRIES INTERNATIONAL COVENTRY BRANCH. I rcport on the financ statements of the charitv for the N'car ended 30 ' November 2U23 which compris¢ the Statement of Financia] Activities and Ba]ance Sh¢¢t Thith asso¢iate notes. This report is made solely to the charity's Trustees, as a body, in acwrdance w'ith Section 145 of the Charities Act 2011 and gUlatIonS made under section 154 of that Act. Mv work has been undcrtaken so that I might state to the charity'5 Trustees those matters l am requitrd to state to them in an independent examine¢s report and for no other purpose. To the fullest extent pemiitted b). law, I do noi accept or assume SponSIbl]i. to anyone other than the charity and the charity s Trustees as a bod)., for mv examination work. RESPEcfivE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The tharity's Trustees are SponsIble for the preparation of thc financial statem¢nts, and the nsider that an audit is n()t reqUId for this vear undei stlOn 144{2} of th¢ Charits"es Act 2011 {the Act) and that an indendent ¢xaminats"on is needed. It is my responsibilityj to.. EnIne the accounts (under Seclion 145 of the Chatities Act). To follow the procedures laid doMTr in the General Direclions given by the Charity Commissioners (undcr Section 145(5)(b) of the Charities Actl. and To state whether particular mattor5 have comc ts my attention. Basis of Indepd)dent ExAmiDeT's report My examinaD'on was carried out in accordance with the General DiTr¢tions given bv the Chatity Commissioners. An ck2mination includes a review of the accounting records kept bv the GrouplDistri¢t and a comparison of the accounts presented Ii'ith those rccords. It also includes considcrarion of an!, unusual items or disclosures in the acwunts and seeking explanations from vou as trustees concerning an). such mattcrs. The procedures undertaken do not provide all the evidence that ivould be required in an audit, and consequently no opinion is given to whether the accounts present a 'true and fair. vie. and the report is limit¢d to those mattet3 set out in the statcment below. Independent ExAmiJ)er's ststtmen¢ In connedion Thith my examinatio no matter h&8 come to my attention.. l} which gives me reasonable wse to believe that in anv material SpeCt the wuirements.. to keep accounting records in acwrdance with section 130 of the A. and to ppare financia] statements ii,hich accord with the accounting records and complv ith the accounting requirements of thc Act have not been met: or 2) to ,hich, in my. opinion, attention Should be dra1 in onler ts) cnable a proper understyiding of the financial Statements to be reachcd. Signed. Dated." 1310912024 Anum Hassan, FCCA On behalfof Accounting Assist Ltd
STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income and expenditurc account) FOR THE YEAR ENDED NOVEMBER 2023 Unre$trfcted Rtstricted Total Fundi Tot Fund 21123 21122 Intomlng resourt 32,982 32,982 48.289 Gift Aid 14. 9,828 Total lDromlng rere¢S 47.790 47,790 58,117 Resourrel eip¢nd¢d D"Lrttt chItabLe Expj 64,492 64.492 34.515 Governa1¢ costs 1.360 To111 Rf$ouriv 66,051 66,052 Movcmcnt in total fund for yeat. N¢t income I (Wendite> 1&261 18,261 Forthe year btOU8ht forw8 105,828 105,828 82,K25 Fund balaNk foNard 87,567 87.567 105.828
BALANCE SHEET AS AT 30" NONTMBER 2023 2023 2023 2022 2022 Nol¢ FIXEDA&SETS Buildin8 CURRENT ASSETS C&8h at Ixnk 8S935 IIIS828 87.567 I825 CREDITORS: 8mounts fallin8 withm oneycar NET CURRENT ASSETS 87.567 105,828 NET ASSETS 87,567 1115.828 Unr¢kn¥t¢Jl funds 87,567 105.828 Restri¢*d funds TOTAL FUP4DS 105,828 The financial statements w¢r¢ approved by the TTUSte¢s on and si8ned on their behalf, by.. Date: 11. 09.2(v The Notes on page 10 fomi part of th¢se accounts.
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30" NOVEMBER 2023 I. ACCOUNTING POLICIES Bosis of preparation of financial statement5 The financial statements have beon prepared under the historical cost convention. with the ¢xception of investments which are in¢lud¢d at market value, and in accordancc with the Financial Reportin8 Stsndard for Smaller Enttties (effective April 2(M)8). The financial siatements have been prepared in ardance with the Stat¢ment of Recommended Practice (SORP), 'Accountin8 and Reporting by Charities, published in March 200) and applicable accounting Standards. Fund accounting Goneral funds are unrestriGtsd funds whith are aTrailable for u5¢ at the discretion of the TN5t¢¢s in furtherance of the general objectives of the Charity and which have not been designated ft>r othcr purposes. Restricted funds are fvnds which are to be used in acconlanc¢ with specific r¢5trictions imposed by donors or 'hICh have been raised by the Charitv for particular pUTses. The sts of raisin8 and administering such ndS are charged against the specific nd. Th¢ aim and use of each restricted fund aTr set out in the notes to the financial stalements. Incomin2 reyources All incoming reSoUeS are included in the Statement of financial activities M,hen the Charity has entitlement to the fids. reinty' of receipt and the amount can be measured ith sufficient reliabihty. Donatcd services or facilities, which comprise donatcd services, arc included in ineome at a valuation which is an estitnate of the financial cost bornc b). the donor where such a cost is quantifiab5e and measurable. No income is cognised wh¢re the is no financial cost borne by a third party. Income t&x recoverable itL relation to donations received under Gift Aid or deeds of ¢ovenant is recognised at the time of the donation. Resources expended Expen(b'ture As accounted for on an arU81S basis and has been included under expens¢ categories that a88rcgate all costs for allocation to activities. IVh¢re costs cannot be dircctlv attribuied to partj'cular artivities. they have been allocated on a basis consistent with th¢ use of the resources. Fundraising costs are those incurred in seektng voluntarv wntributions and do not includ¢ the costs of diss¢minating infonnation in support of the charitabl¢ activities. SuptK)rt costs are thos¢ costs incurred directly in support of expenditure on the objects of the Chatity. and include projcu management carried out at Headquarters. Govcmance costs are those incurred in connection w'ith administrats'on of the chLty. and complLance M'ith constitutional and statutory, requ1Ments. 101 Page
NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30" NOVEMBER 2023 (Continued) Grants payable is ¢harg¢d in the year M'hen the offer is mad¢ except in those cases 'here the offer is conditiona]. such grJnts being recognised as expenditure when the condits.ons athIng are fulfilled. Grants offered subject to conditions H'hich hafv'e not been met at the yearend atr noted a commitmcnL but not accrned LS expenditutf. 111 Page