Charlty Number: 1189152 HOLMCROFf MALAYALAM PENTECOSTAL CHURCH REPORT OF THE TRUSTEE AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
HOLMCROFT MALAYALAM PENTECOSTAL CHURCH TRUSTEES, REPORT Page Report ol the tty$t808 Trustees, repx)rt Accountsnts, report Income $t8tem¢nt Statemant of financial position Nots3 to the acwjnts DetaId Stat•nnt of Financial Aetiwts
HOLMCROFT MALAYALAM PENTECOSTAL CHURCH TRUSTEES, REPORT Trustoe5 knymon Abraham Binal KuN*illa Jacob K&w"n Thomas Charlty Numb•r 1189152 IEngland and WaK8sI R•glstered Offlce 4 DotyJlas Drive Shirley Croydon CRO 8PS UNITED KINGDOM Accountants K8nli & Co Ltd 27 kn'ryston Road South wiMbon London Surrey SW19 1JX Banker Barclays Bank PLC
HOLMCROFf MALAYALAM PENTECOSTAL CHURCH TRUSTEES. REPORT The Trustees present their report and accounls for th& ar ènded 31 Decernber 2023. Th8 truste8s prts•nt Ih8if r•port with finarKial $tstemont ofthe charty for Ihe yearended 31 D8c8mbgr 2023. Th&iiusts¢¥ Ha adoptsd th8 prDWi5ions of A¢Unting and Reporing by Charib"es'. Statsm&nt of Rg¢ommondod pr8¢li¢e$ applicable tocharities preparing their accounts in accordance with th8 FinancAal Reporfing Stsndar¢J apk4i¢ablo n the UK and Republic oflreland IFRS 1021 leffeth've 1st January 20151. PRINCIPAL ACTIVITY The prinapal a¢tvity ofthe charity in the vthle year revw was the gdvancementolrelyion for the teneffit. TRUSTEES The followng irust¢g9 1& offic during the bthole ofthe Feriod.. Abaymon Abraham Binal Kuruvilla Jac¢)b Kevin Thoma$ PRINCIPAL RISKS AND UNCERTAINTIES The thjstees have sponsi11ty lor •nsuring that there are effective risk man4•m8nt 8NJ $y$lems of inlemal cyjntrol in place to Mana Iho ¢h4nty's major ii5k8 and BUPFX)rtth8 ACAVment of our strategK obpctives. STRUCTURE GOVERNANCE AND MANAGEMENT Holmcroft M81ayalam Pente¢05tal Church is a Charitable lnrrp8ted organBation and was r8gislgred 0$ • ¢h¥rity on 21 Apn"12020. The Chanty i¥ tx)ntroll•Y by ts goveming docum•nt and un5trtutes a tharity. OBJECTIVES AND ACTIVITIES Holmcroft Malayalam Pentecostsl Chufch's principb aimg. and cèiectNeS aro to prnot? the advanc4rnent ofthe Chrith"an R¥li9ion in awordance the basis ol faith primarily but nol exdusivoly among childrèn and elderly public in the United Kingdom and India through regular Sunday wtyrshiping 3ervices weekly prwr maèbngs, SuTrYay school aTrJ l•ctur8s. Broad¢3¥bng. produary and disin"bution Irtgrature and W0v1j grants to individual$ ororganisation carrying simllarthiect. The objectr'ves wll be carriad out through the prowsh)n ol tyacos of worship. rai¥ing awaren and understanding ol rel19U8 Beliets and prath"c8s, caryirg out relwious devol'onal acts, carrying out LXrtrea¢h wo, the provision of placas of worship, pastoral woth, induding visrg the 3id( and th8 b8r•avd. Teaching ol Christianty through somion$. ts prowsion of a youth dub wth achristian etho5. T report was prepared in 8¢Lx)rdan¢e with the special pro510n8 vilh part 15 01 Ihe Cornpanies Act 2006. Abèyrnon Abraham Trustèè
CHARTERED CERTIFIED ACCOUNTANTS, REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF HOLMCROFT MALAYALAM pErEcOSTAL CHURCH FOR THE YEAR ENDED 31 DECEMBER 2023 In order to assist YOLF to fulfil your dulles under the Companies Act 20(, we have prepared for your approval the accounts of HOLMCROFT MALAYALAM PENTECOSTAL CHURCH for the year ended 31 December 2023 as set out onpage$ 6- 8 from the Company's aountr.ft9 records and from inft)rmation and explanations you have grven us. As a pradicing member fimi of the Association of Chartgrgd Certified Accountants, we are subject lo (ts ethical and other professional requirements 1¢h are detailed at htt s'.lfvthv.acca lobal.comluklenlabout- nlrulebook.html Our Wofk has been undertaken in accordance wrth Ihe requirements of the As30¢ialion of Chartered Certrfied Accounlanls as detailed al http'.Ilwww.accaglobal.comlconlenUdamlACcA_GlobaleChni¢a1ff0ctechn1taI-faClSheet- 163.pdf. Kanti & Co Ltd Chartered Certrfied Accountants 27 Kingston Road South Wimbledon London Surrey SW19 1JX 04 July 2024
HOLMCROFT MALAYALAM PENTECOSTAL CHURCH INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Unrestricted Funds 2022 Unrestrirted Funds Restricted Funds Income from generated funds Income from charitable activities Total Income and endowments Expenses Cost of generating funds Expenditure on charitable attivities Total Expenses 30,490 30,4 28,147 28,147 25,956 25,956 25,238 25,238 Net gains on investments Net income Gains Ilossesl on revaluation of fixed assets Net movement in funds.. Net income for the year Net fund carried forward 4.534 2,9 4,534 4,534 2,909 2,909 AL*yTnon Abraham Trusts•
HOLMCROFT MALAYALAM PENTECOSTAL CHURCH STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2023 2023 2022 Currgnt assets Debtors 10 10 Cash at bank and in hand 19.011 14,477 19,021 14.487 Nat currnnt assots 19,021 14.487 Not assets 19,021 14,487 Capltal and reseries Profit and 10&8 Unt 19.021 14,487 Unrgstrlclod funds 19.021 14,487 For th• yoar endiThJ 31 D8cmbèr 2023 thè company wa$ ¢ntitw to oxempb.on frcm •udrt undorsèth.on 477 of Qmpaniss Ad 2CfjX rdating to sm811 companw. Thtr m6mber8 hav8 not Tffjuired tho ¢offpany to c)t'n an 8wJit in tr)rdan¢ts wth tIOn 478 of the Ccffipanies Act 2(. The direcor8 ad<no8dge their responsibilities for complwroJ wilh the requirements of th8 Acl V•ith resF¢Ct to aCn1j records and Ihe preparation ofawounts. The accounts ha tegn prepared in ocwrdance with thg provisigns apiCable to Cornpani, subject to thè srnall compani•s' regirne and in accordance with the provisions ol FRS 102 S8c'on 1A- Small Entities. The financial statements were approved ty the Board of Tnjstees and authorized for i85ue on 04 July 2024 and re sigrdon its ehaw by Abèymon Abroham Tru$tss
HOLMCROFT MALAYALAM PENTECOSTAL CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 1. ACCOUNTING POLICIES la. SLutory Infom)ation HOLmCRo MALAYALAM PENTECOSTAL CHURCH is a charity registration number 1189152. The registered office is 4 Douglas Drive. Shirley, Croydon. CRO 8PS, UNITED KINGDOM 1b. Basis of Accountlng The accounts hav8 trten preparad urthr Ihe historical cost ¢onvention. The accounts h8ve been Pared in accordancè w1h Ihe Provisions of FRS 102- The Financ481 Repo.ng Standard 8pplicable in the UK and Republic of Ireland and the MpanIeS Act 2006 and tho requirnents of reccffimandad practice. Accounb"ng and Reporbng by Charities. Ic. Incomlng Rosources All incoming resoureos are included on the Statemgnt of Financial Activities when the Gharity is legally entitled lo the incyjme and the amount can be quantifÈd with reasonabb accuracy. 1d. Rosources Exponded Expendltlt is aoxunted for on an a¢¢ruals basis and has been classthtd under headings that aggTrJat8 all co$t related to the Category. Wher& costs ¢anr)t b8 dirgcmy attribut&J to hegJing5. they have baèn allo¢8t&Y to activth"e5 on a basis ctsnsistent wth the use of rasources le. Allocation and Apportionment of Cts All Cosls rdate to gh single actiwty olthè caritabk etyxp8ny and are rncognwl accordirYJly. 1f. Fund Accountlng Unrestnete(I hJThYs can usad in accK)rdanc with the tharilabb rtjectives at thè discretion of the tru$teos. Restricted fiJnd$ can onty ba used for restrictwj purposes Wthin thg ¢x)lts ofthe chanty. Restrictrons 8ris• when speafed by th• donor or vthen funds $re raised for r88tricted purpos•s De$wJnated funds are funds by tha trustees our of unr&stri¢d 9ener81 funds forthe specthc ffijtu purpos8s or projec lg. Turnover In¢rrfne reprnts the invO8d valuo ol goods and s¢Mce5 Suppl by th8 rnpanY,. not of val &Jd8dTax and traye discounts. 2023 2022 2. Amounts falling due within one year Accrued incomè and ppaYments 10 10 3. LIMITED BY GURANTEE Tha company 13 limtsy by guarantee and does not hava sharg cawal. Each momber givas a guarantee to cothbutè a 3wn not xedir4a £1, to the company should it te wound up on 31 DeMber2o2l there wer• 3 members.
HOLMCROFT MALAYALAM PENTECOSTAL CHURCH DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Tumov•r Incoming Rg$ourc8s Inwming r&sources from 9eneral funds Charrtabl6 Actiwty Donation- Unreglricted 30,4 28,147 Expens•s Co•t ol G•noraVnq Fund• Charil•ble acdvl Rant 5,183 4.968 Church HO Cost Salary Bank tharges Insuranc 935 11.000 102 250 EwiFYnent exponsed Donations 7,S22 15,788 Sundry expensès TephO and Internat Other gaI and professional 154 300 25,9 25,238 Operating profit 4534 Surplus on actlvltle8 4.534 -10-
HOLMCROFT MALAYALAM PENTECOSTAL CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 4.UNRESTRICTED FUNDS Brought Forward Incomlng resources Outgolng resources Carrled Forward General Fund 14,487 30,490 25.956 19.021 14.487 30,4 25.956 19,021