_**CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY**_
_**(TRADING NAME: CEMAFAM)**_
_**FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024**_
## CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY
|CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED_28 FEBRUARY 2024_
Church Legal and Administrative Information
Report of the trustees
Statement of financial activities
Balance Sheet
Notes to the Accounts
Independent examiner’s statement
Schedule of income and expenditure|Page
1
2-4
5
6
7-9
10
11|
|---|---|
## CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY
CHURCH LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED _28 FEBRUARY 2024_
CHARITY NO NUMBER:
**1189875(England and Wales)**
TRUSTEES:
**Anthony Ben Emmanuel Doris Fon Fru Emmanuel Justina Oluwakemi Osomo**
BUSINESS ADDRESS:
BANKER:
**77 Mason Road, Erdington, Birmingham. B24 9EH HSBC**
INDEPENDENT EXAMINERS: **Light Accountants Ltd 33 Postmill Road Sandwich/ Kent** . **CT13 0FU Email: info@lightaccountants.co.uk lightcnglobalservices@gmail.com Telephone:** 01795487384 **Mobile: 07429137985 Web: www. lightaccountants.co.uk**
**1**
CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY
## REPORTS OF THE TRUSTEES
## FOR THE YEAR ENDED _28 FEBRUARY 2024_
The Trustees present their report and accounts for the year ended 28 February 2024. The accounts have been prepared in accordance with the accounting policies set out on pages 7 to 9 and comply with the Charity’s Trust Deed, The Charities Act 2011 and Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) The reports take account of the requirement for Trustees to report annually on public benefit and the Trustees have had the Charity Commission’s guidance on public benefit.
## **Structure, governance, and management**
## **Governing Document**
_**CEMAFAM**_ is a Charitable Incorporated Organizations. The charity adopted Association' model constitution for CIO on the 10 June 2020.
## **Appointment of trustees**
Trustees are nominated by the chair. In appointing trustees, consideration is given to individuals who have adequate experience in running organized youth groups, training and education and community outreach.
## **Policies Adopted for the Induction and Training of Trustees**
The induction process for any newly appointed member of the Trustees comprises an initial meeting with the Chair and other Trustees, followed by a series of short meetings with the chairman on the powers and responsibilities of the Trustees.
## **Organisational Structure and Decision Making**
The trustees continues to meet every six months to discuss the affairs of the Charity. The Chairman manages the day-to-day administration of the ministry with the assistance of volunteered ministry members.
At the Trustee meetings, agreement is made by the Trustees on the strategy and activities of the ministry which includes charitable donations, investments, reserves and risk management policies and performance. **Pastor Anthony Ben Emmanuel** is the senior pastor and Chairman of the ministry’s board of trustee supported by the leadership team in carrying out the vision of the ministry.
## **Risk Management**
The Trustees have assessed the major risks to which the ministry is exposed, particularly those relating to the operations and finances of the church and are satisfied that effective and adequate systems and procedures are in place to mitigate our exposure to the major risks.
## **Reserves Policy**
It is the policy of the Charity to maintain unrestricted funds. The trustees will regularly review the reserves position of the ministry in accordance with their commitments and anticipations.
**2**
## **Objectives**
The objects of the ministry are, for the benefit of the public which is "To advance the Christian religion, for the public benefit through the provision of retreats, prayer meetings, lectures, spiritual guidance on marriages and relationships and other Christian activities connected to enlighten others about the Love of God.
## **Activities**
## **Update on Activities**
The trustees noted improvements in church activities, despite slow growth in membership. Key developments include:
## 1. **Children’s Ministry**
A dedicated volunteer teacher now oversees the children’s session, allowing adults to engage more deeply in teachings and discussions on marriage and relationships.
## 2. **Annual Family Fun Day**
Held at Canon Hill Park in August, this event brought members and guests together for refreshments, sports competitions, and fellowship.
## 3. **All Nations Multicultural Day**
On Sunday, 27th August, members celebrated diversity by dressing in outfits representing their nations, immediately following the service.
## 4. **Upcoming Events**
- **Christmas Carol Service** : Scheduled for Saturday, 23rd December.
- **Christmas Service** : To be held on Sunday, 24th December, as public transport limitations make Christmas Day (Monday) impractical.
- **Crossover Night into 2024** : Incorporated into the final service of the year on Sunday, 31st December.
- **Hamper Distribution** : From Monday, 26th to Saturday, 30th December, hampers will be distributed to the less privileged, with donations from the Gym Leisure Centre and supplementary purchases funded by the ministry.
- **21-Day Fasting Exercise** : To run from Monday, 8th January to Sunday, 28th January 2025.
## 5. **Future Considerations**
- Revisiting the CEMAFAM Family Retreat, last held before the COVID-19 pandemic.
- Planning the invitation of Reverend Jesse Song as a guest minister, with AE tasked with confirming his availability.
## **Financial Update**
A finance committee was established, comprising the following members:
- **Mrs. Felicia Kporha**
- **Mr. Gboyega Akinyele**
-
- **Mr. Chris Okojie 3**
This committee will oversee finances and ensure regular bank deposits, with inauguration scheduled for January 2024.
## **Challenges**
The ministry continues to face low income, though slightly improved compared to the previous year. The senior pastors have been providing loans to cover operational costs until the ministry achieves financial stability. The chairman of the trustees emphasized on the importance of maintaining the ministry’s principle of
## **Gift Aid Registration**
The trustees agreed to pursue Gift Aid registration to enhance financial sustainability. AE will consult with the accountant to facilitate this process.
## **Financial Review**
The pandemic affected the church income, but the current year saw a significant increase in income generated. The ministry’s income for the year is £7,481.00 with total spending amounting to £16,783
## **STATE OF TRUSTEES’ RESPONSIBILITIES**
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently.
- observe the methods and principles in the Charities SORP.
- make judgements and estimates that are reasonable and prudent.
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **SIGNED ON BEHALF OF BOARD BY:**
**Anthony Ben Emmanuel For the Trustee Date 10/12/2024**
**4**
## CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY
## STATEMENT OF FINANCIAL ACTIVITIES
## FOR THE YEAR ENDED 29/02/2024
|**Incoming resources from generating funds:**
Voluntary Income
**Total incoming resources**
**Resources Expended**
**Payments in Furtherance of charitable objectives**
Charitable activities
Governance costs
**Total resources expended**
**Net incoming resources/(net outgoing resources)**
before transfers between funds
Transfer between funds
Other recognise gains and losses
**Net movement in funds**
Total funds brought forward
**Total funds carried forward for the year ended**
**28/02/2022**|**Notes**
2
3
4
-
**-**
-
**-**|**Notes**
2
3
4
-
**-**
-
**-**|**Unrestricted**
**Funds**
**£**
7,481
**7,481**
16,182
602
**16,783**
9,303
-
-
**9,303**
6,971
**16,274**
|**2024**
**Total**
**£**
7,481
**7,481**
16,182
602
**16,783**
9,303
-
-
-
**9,303**
**-**
6,971
-
**16,274**
**-**|**2023**
**£**
11,868|**2023**|
|---|---|---|---|---|---|---|
||||||**11,868**||
||||||15,476
473||
||||||**15,949**||
|||-|||(4,081)
-
-||
|||**-**
-|||**(4,081)**
2,889
-||
|||**-**|||**6,971**
**-**||
**5**
## **CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY** BALANCE SHEET
## AS AT 29 FEBRUARY 2024
|FIXED ASSETS
Tangible assets
CURRENT ASSETS
Cash at Bank and Hand
Debtors
LIABILITIES
**Creditors:amount falling**
**due within one year**
Net Current assets and Liabilities
Total Assets less Current Liabilities
Creditors:amount falling due after
more than one year
Total Assets less Current Liabilities
Net assets
FUNDS OF THE CHURCH
Unrestricted income funds
**TOTAL FUNDS**|2024
**Notes**
**£**
**£**
-
370
-
370
6
(400)
(30)
(30)
7
(16,244)
(16,274)
**(16,274)**
(16,274)
**(16,274)**|2023
**£**
**£**
-
266
-
266
(400)
(134)
(6,837)
(6,971)
**(6,971)**
(6,971)
**(6,971)**|2023
**£**
**£**
-
266
-
266
(400)
(134)
(6,837)
(6,971)
**(6,971)**
(6,971)
**(6,971)**|
|---|---|---|---|
|||||
||||(6,837)|
||||(6,971)|
||||**(6,971)**|
||||(6,971)|
||||**(6,971)**|
**6**
## CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 28 February 2024
## **1. Accounting policies**
The accounting policies have been applied consistently throughout the year and the preceding year.
## **a. Basis of accounting**
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' (SORP 2015) and the Charities Act 2011.
## **b. Incoming resources**
Income resources have been clearly broken down to show the various sources of funds for the charity. The unrestricted income consists of funds the charity has discretionary control as regards its disbursement. Please note that all incoming resources are only accounted for in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when it is receivable while donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
## **c. Resources expended**
Resources expended shows the governance cost and money spent on charitable activities. Expenditure is recognised on accrual basis as a liability is incurred. Expenditure could be VAT inclusive if it cannot be fully recovered, and it is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **2. Voluntary income**
|Church Offering and Tithe
Gift Aid||**Unrestricted**
**2024**
**2023**
**Funds**
**Total**
**Total**
**£**
**£**
**£**
7,481
7,481
11,868
-
-
-
**7,481**
**7,481**
**11,868**|**2023**
**Total**|
|---|---|---|---|
|||||
|||||
**7**
## **3. Cost of Charitable Activities**
|**Cost of Charitable Activities**|||
|---|---|---|
|**Activities**
**Undertaken**
**2024**
**directly**
**Total**
**£**
**£**
CEMAFAM
16,182
16,182
16,182
16,182|**2023**
**Total**
**£**
15,476|**2023**
**Total**|
||15,476||
## **4. Governance Costs**
|Accounatncy Fee
Legal and Consultancy Fee
Bank Charges||**Unrestricted**
**Funds**
**£**
400
-
202
|**Unrestricted**
**Funds**
**£**
400
-
202
|**2024**
**Total**
**£**
400
-
202
**602**|**2023**
**Total**|
|---|---|---|---|---|---|
|||||||
||||||**£**
**400**
73|
||||**602**||**473**|
|**5. Employees**
Wages & Salaries
PAYE & NIC||**2024**
**2023**
**£**
**£**
-
-
**-**
**-**|
|---|---|---|
||||
**No employee received emoluments of more than £60,000.00 during the period under review.**
**Number of employees = 0. The Church made used of volunteered services during this financial year.**
**8**
**6. Creditors: Amount falling due within one year:** Accountancy fee £400.00
**7. Creditors: Amount falling due after one year:** Other creditors £16,244
## **8. Unrestricted funds**
|Unrestricted funds|At|||At|
|---|---|---|---|---|
||2023|Incoming|Outgoing||
|||resources|resources|2024|
||£|£|£|£|
||(6,971)
|7,481|16,783|(16,274)|
**9**
## CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY
## INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY
## FOR THE YEAR ENDED 28 February 2024
**Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether matters have come to my attention.
## **Independent examiner's statement**
- My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention.
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
- have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Light Accountants Ltd**
Independent examiner **10/12/2024**
**10**
## CHRIST CENTRED MARRIAGE AND FAMILY MINISTRY
|SCHEDULE OF INCOME AND EXPENDITURE
FOR THE YEAR ENDED 29/02/2024
RECEIPTS:
Incoming Resources:
Offering
Others
**Total receipts**
**Church management and administration**
Church - Hall rental/Zoom
Service Charges
Equipment Expense
Motor and Travelling Expenses
Charity Projects
Publicity and advert
Church Conference and Office Expenses
**Total Expenditure**
TOTAL CHARITABLE ACTIVITIES EXPENDITURE
**Governance Cost**
Professional and Accountancy fees
Bank Charges
Legal and Consultancy fees
TOTAL GOVERNANCE COSTS
TOTAL PAYMENTS
**Excess of receipts over payments**
Bank current and deposits accounts at 28/02/2022
Bank current and deposits accounts at 29/02/2023|**£**
9,000
2,189
103
65
4,153
452
220|**£**
16,182|**£**
7,481
-|
|---|---|---|---|
||||**7,481**
16,783|
||400
202
-
|16,182||
|||**16,182**||
|||602||
|||||
|||**602**||
|||||
|||||
||||**9,303**
**-**|
|||||
||||**6,971**
**-**|
|||||
||||16,274
-|
**11**