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 DetaI￿d Stat•n*nt of Financial Aetiwt*s 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 wiMb￿on 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 ￿sponsi￿11ty 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 ACA￿V￿ment of our strategK obpctives. STRUCTURE GOVERNANCE AND MANAGEMENT Holmcroft M81ayalam Pente¢05tal Church is a Charitable lnr￿rp￿8ted 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 p￿rnot? 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 W0v￿1￿j 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 rel￿19U8 Beliets and prath"c8s, caryirg out relwious devol'onal acts, carrying out LXrtrea¢h wo￿, the provision of placas of worship, pastoral woth, induding vis￿rg the 3id( and th8 b8r•av*d. Teaching ol Christianty through somion$. ts prowsion of a youth dub wth achristian etho5. T￿ report was prepared in 8¢Lx)rdan¢e with the special pro￿510n8 vilh part 15 01 Ihe Cornpanies Act 2006. Abèyrnon Abraham Trustèè CHARTERED CERTIFIED ACCOUNTANTS, REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF HOLMCROFT MALAYALAM pE￿rEcOSTAL CHURCH FOR THE YEAR ENDED 31 DECEMBER 2023 In order to assist YOLF to fulfil your dulles under the Companies Act 20(￿, we have prepared for your approval the accounts of HOLMCROFT MALAYALAM PENTECOSTAL CHURCH for the year ended 31 December 2023 as set out onpage$ 6- 8 from the Company's a￿ountr.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_Global￿eChni¢a1ff0ct￿echn1taI-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 D8c*mbèr 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 direc*or8 ad