The Mountain of Salvation Ministries
Charity No. 1189580
Trustees, Report and Unaudited Accounts
31 December 2020

The Mountain of Salvation Ministries
Contents
Pages
Trustees, Annual Report
2to4
Independent Examiner'5 Report
Statement of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
Notes to the Accounts
9t012
Detailed Statement of Financial Activities
13to
Page I

The Mountain of Salvation Ministries
Trustees Annual Report
The trustees of the charity present their report with the unaudited financial statements of the
charity for the period ended 31 December 2020.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1189580
Registered Office
BLOCK H-ARCH 5
61-65 PAULET ROAD
LONDON
SES 9HW
Trustees
The following Trustees served during the year.
Grace Adams
Olamide Agboola
Key Management Personnel
Chair
Elizabeth Agboola
Accountants
360 Accounting Services Ltd
27 Old Gloucester Street
London
WCIN 3AX
OBJECTIVES AND ACTIVITIES
The charity raises awareness of Christian religious beliefs and practices via church services, communal
gatherings, meetings and other (via social medial
The main activities undertaken is general charitable purposes,the prevention or relief of poverty as well as
human rights/religious or racial harmony/equality or diversity
STRUCTURE. GOVERNANCE AND MAMAGEMENT
The two Trustees are .
l. Grace Adams
2. Olamide Agboola
The Trustees play a primary role in ensuring good governance and functioning of the foundation. The Board's role,
functions and responsibilities are quite clearly defined
GOVERNING DOCUMENT
The Mountain of Salvatitsn Ministries is an unincorporated charitable organisation formed on 20 May 2020 and
registered as a charity on 20 May 2020. The charity is governed by a CIO 20 May 2020.
Page 2

The Mountain of Salvation Ministries
Trustees Annual Report
RECRUITMENT ANDAPPOINTMENTOF TRUSTEES
The members of the General Trustee Board are trustees for the purposes of charity law. New trustees may be
appointed by resolution of a meeting of the trustees.
Much of the charity's work focuses upon the promotion of the Christian religion and the running and
maintenance of its places of worship.
The General Trustee Board seeks to ensure that the needs of this group are appropriately reflected through
the diversity of the trustee body. To enhance the potential pool of trustees, the charity has, through selective
advertising and networking with voluntary organizations active in the sector, sought to identify those who
would be willing to become members of the charity and use their own experience to assist the charity.
RISK MANAGEMENT
We are committed to a policy of identifyinE, monitoring and manaEing the risks that might adversely affect
the activities in which we are involved. In this context, risk is defined as the potential to fail to achieve charity
objectives and for loss, financial and reputational, inherent in the environment in which we operate in the
nature of the transactions undertaken.
The principal risk of the charity has been its dependence on voluntary income. Trustees have initiated various
processes to mitigate such risk, so that the charity has sufficient reserve in the event of adverse conditionls).
The trustees have also examined other operational and business risks which they face and confirm that they
have taken steps to mitigate the significant risks.
PUBLIC BENEFIT
The Trustees have complied with the duty in Section 4 of the Charities Act 2006 and have paid due regard to
public benefit when preparing this report. The benefit provided to the public is consistent with the aims of
the charity in UK.
OBJECTIVES AND ACTIVITIES
To advance Christian Evangelism in London and throughout England for the benefit of the public, mainly but
not exclusively through the holding of prayer meetings, celebration of religious festivals, religious education,
enlightening others about the Christian faith and to provide outreach and pastoral care for the community.
FINANCIAL REVIEW
The largest contribution to the charity for the year came from general offerings. The charity has begun its
charitable activities from May 2020.
The Charity currently aims to designate the total fund received less expenses for the main objective of the
charity.
PLANS FOR FUTURE PERIODS
The Charity plans to develop various fundraising strategy to include mass marketing. Besides mass marketing
and events, the charity is aiming to achieve its targets through securing donations from willing individuals.
Page 3

The Mountain of Salvation Ministries
Trustees Annual Report
STATEMENT OF BOARD OF TRUSTEES, RESPONSIBILITIES
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial posltion of the charity and to enable them to ensure that the financial statements
Comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
Charity and hence taking reasonable steps for the prevention and detection of fraud and other irreEularities.
Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial
statements for each financial year which gives a true and fair view of the state of affairs of the Charity and of
the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of
Trustees have:
-selected suitable accounting policies and applied them consistently
-made judgment5 and estimates that are reasonable and prudent
-stated whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements: and
Prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the
Charity will continue in operation).
We, as the Trustees of the Charity who held office at the date of approval of these financial statements as set
out above each confirm, so far as we are aware, that-
There is no relevant information of which the Charity's independent examiner are unaware,. and we have
taken all the steps that we ought to have taken as Trustees in order to make ourselves aware of any relevant
information and to establish that the charity's independent examiner is aware of that information
This report Was approved by the Trustees on and signed on their behalf by..
Rukayat Jayeola
Trustee
31 October 2023
Page 4

The Mountain of Salvation Ministries
Independent Examiners Report
Independent Examiner's Report to the trustees of The Mountain of Salvation Ministries
I report to the charity trustees on my examination of the financial statements of The Mountain of Salvation
Ministries for the period ended 31 December 2020.
Responsibilities and basis of report
As the charity's trustees of the company land also Its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 20061'the 2006 Act.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination, I report in respert of my examination of
your charity's financial statements as carried out under section 145 of the Charities Act 20111'the 2011 Act'l.
In carrying out my examination I have followed the Directions given by the Charity Commission under section
145151 Ibl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe:
accounting records were not kept in accordance with section 386 of the 2006 Art . or
the financial statements do not accord with those records,. or
the financial statements do not comply with the accounting requirements under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and fair, view which is not a
matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be reached.
Dawnette Allen BA (Honsl FCCA
360 Accounting Services Ltd
27 Old Gloucester Street
London
WCIN 3AX
31 October 2023
Page 5

The Mountain of Salvation Ministries
Statement of Financial Activities
forthe period ended 31 December 2020
Unrestricted
funds Total funds
2020
2020
Notes
Income and endowments
from:
Donations and legacies
14,352
14,352
Total
14,352
14,352
Expenditure on:
Other
12,750
12,750
Total
12,750
12,750
Net gains on investments
Net income
1,602
1,602
Transfers between funds
Net income before other
gainslllossesl
1,602
1,602
Other gains and losses
Net movement in funds
1,602
1,602
Reconciliation of funds:
Total funds carrled forward
1,602
1,602
Page 6

The Mountain of Salvation Ministries
Summary Income and Expenditure Account
for the period ended 31 December
2020
2020
Income
14,352
Gross income for the period
Expenditure
14,352
12,750
Total expenditure for the period
Net income before tax for the period
12,750
1,602
Net income for the period
1,602
Page 7

The Mountain of Salvation Ministries
Balance Sheet
at 31 December 2020
Company No.
Notes
2020
Current assets
Debtors
Cash at bank and in hand
1,554
898
2,452
18501
1,602
Creditors: Amount falling due within one year
Net current assets
Total assets less current liabilities
1,602
Net assets excluding pension asset or liability
1,602
Total net assets
1,602
The funds of the charitv
Restricted funds
Unrestricted funds
General funds
1,602
1,602
Reserves
Total funds
1,602
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to small companies.
For the period ended 31 December 2020 the company was entitled to exemption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 October 2023
And signed on its behalf by:
Rukayat Jayeola
Trustee
31 October 2023
Page 8

The Mountain of Salvation Ministries
Note5 to the Accounts
forthe period ended 31 December 2020
l Accounting policies
Basis of preparation
The financial statements 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 IFRS 1021 (effective I
January 20151 Icharities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 and the Companies Act 2006.
Change In basls of accounting or to prevlous accounts
There has been no change to the accounting policies Ivaluation rules and method of accounting) since
last year and no changes have been made to accounts for previous years.
Income
Recognition of
income
Income is included in the Statement of Financial Activities ISOFAI when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOFA.
Donations and
legacies
Voluntary income received by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charity has unconditional
erbtitlement to the income.
Income from tax reclaims is included in the SOFA at the same time as the
Tax reclaims on
donations and gifts giftldonation to which it relates.
Donated services
These are only included in income (with an equivalent amount in expenditure)
where the benefit to the Charity is reasonably quantifiable, measurable and
material.
and facilities
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gains/llosses1 on
This includes any gain or Ioss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gainslllossesl on
investment assets
This includes any Eain or loss on the sale of investments.
Page 9

The Mountain of Salvation Ministries
Note5 to the Accounts
Expenditure
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities services in the furtherance of its objects, including the making of grants and
governance costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, including any audit/independent examination fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Grants payable
Governance costs
Taxation
The charity is exempt from corporation tax on its charitable activities.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank overdrafts.
In the statement of financial p051tion, bank overdrafts are shown within borrowings or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estlmated reliably. Creditors and provisions are normally recognised at their settlement amount after
allowing for any trade discounts due.
Receipt of donated goods. facilities and services
All donated goods, facilities and services received are recognised within incoming resources and
expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 10

The Mountain of Salvation Ministries
Note5 to the Accounts
3 Income from donations and legacles
Unrestricted
Totsl
2020
14,352
14,352
14,352
14,352
4 Other expenditure
Unrestrlcted
Totsl
2020
Motor and travel costs
860
860
Premises costs
9,340
250
9,340
250
General administrative costs
Legal and professional costs
2,300
2,300
12,750
12,750
5 Staff costs
No employee received emoluments in excess of £60,000.
6 Debtors
2020
Other debtors
1,554
1,554
7 Creditors:
amounts falling due within one year
2020
Accruals
850
850
8 Movement in funds
Incoming
resources
{including
other
gains/losses
At31
Resources
December
expended
2020
Restricted fund5:
Unrestricted funds:
General funds
14,352
112,7501
1,602
Total funds
14,352
112,7501
1,602
Page 11

The Mountain of Salvation Ministries
Note5 to the Accounts
9 Analysls of net assets between funds
Unrestrlcted
funds
Restricted
Total
funds
Net current assets
48
1,554
1,554
1,602
1,602
48
10 Reconciliation of net debt
At31
December
Cash flows
2020
Cash and cash equivalents
898
898
898
898
Net debt
898
898
11 Related party disclosures
Controlling porty
The company is limited by guarantee and has no share capital- thus no single party controls the company.
Page 12

The Mountain of Salvation Ministries
Detailed Statement of Financial Activitie5
forthe period ended 31 December 2020
Unrestricted
funds
Total funds
2020
2020
Income and endowments from:
Donations and leEacies
14,352
14,352
14,352
14,352
Total income and endowments
14,352
14,352
Expenditure on:
Motor and travel costs
Travel and subsistence
860
860
860
860
Premise5 Costs
Rent
8,850
8,850
Premises repairs and
maintenance
490
490
9,340
9,340
General administrative costs,
including depreciation and
amortisation
Sundry expenses
Telephone, fax and broadband
175
175
75
75
250
250
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees
850
850
1,450
2,300
1,450
2,300
Total of expenditure of other costs
Total expendlture
Net gains on investments
12,750
12,750
12,750
12,750
Net Income
1,602
1,602
Net income before other
gainslllossesl
Other Gains
1,602
1,602
Net movement in funds
1,602
1,602
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
1,602
1,602
Page 13

The Mountain of Salvation Ministries
Detailed Statement of Financial Activities
Page 14