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2022-01-31-accounts

EBENEZER HOUSE OF PRAISE MINISTRY INTERNATIONAL

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[st] January 2022

CHARITY NUMBER: 1190649

EBENEZER HOUSE OF PRAISE MINISTRY INTERNATIONAL SALISBURY HOUSE BURY STREET WEST LONDON N9 9LA

INDEX Page Index 1 Trustees Report 2 - 3 Independent Examiner’s Report 4 Receipts and Payments Account 5 Statement of Assets and Liabilities 6 Notes on the financial Statements 7

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EBENEZER HOUSE OF PRAISE MINISTRY INTERNATIONAL

TRUSTEES’ REPORT YEAR ENDED 31[st] January 2022

The trustees are pleased to present their report for the year ended 31[st] January 2022 for the charity, Ebenezer House of Praise Ministry International with charity number 1190649

The Trustees of the charity are: Ms Christiana Nash Ofosuwaah Ms Ingrid Emolo Mr Andrew Thwaites Ms Samantha Nyathi

The principal address of the charity is: Salisbury House Bury Street West London N9 9LA

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a declaration of trust that was executed 30[th ] July 2020.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation continues to hold successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held several outreach programs during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community. The charity sent money to support Christian ministry outreach in Ghana.

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FINANCIAL REVIEW

The income of the charity is above £22,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the rent of its building that it uses for worship services and the other ministry expenses

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RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

  1. Select suitable accounting policies and apply them consistently.

  2. Make judgements and estimates that are reasonable and prudent.

  3. State whether the applicable accounting standards have been followed.

  4. Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 1993.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 16[th] November 2022 and signed on their behalf by:

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Independent Examiner’s Report To the Trustees

EBENEZER HOUSE OF PRAISE MINISTRY INTERNATIONAL

I report on the accounts of the church for the year ended 31[st] January 2022 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 43(2) of the Charities Act 1993 (the 1993 Act),does not apply. It is my responsibility to :

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

Chuks Ajuka Fresh Fire Organisation Generator Business Centre 95 Miles road Mitcham Surrey CR4 3FH

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EBENEZER HOUSE OF PRAISE MINISTRY INTERNATIONAL ACCOUNTS FOR THE YEAR ENDED 31st January 2022

1 Receipts & Payments Account (General Purpose Fund)

Income Receipts £/ 2022 £/2021
Tithes and Offerings 22251 25917
Other Income
Total Receipts
Direct Charitable Expenditure
Hall Hire
Welfare
Benevolent giving
Church Events
Travel
Professional fees
Repairs and maintenance
Ministers expenses
Telephone
Church Supplies
Refreshments
Music Services
Mission
TV advert
Media services
Stationery
Other Expenditure
Equipments
Vehicle
Insurance
Total Payments
Net Receipts/(Payments) for the year
Cash Funds brought forward
Cash Funds at the end of the year		 22251
3653
3801
3427
2200
1842
1337
1645
1900
57
82
0
480
0
400
830
300
0
150
2125
110
50
70
490
280
200
300
80
0
50
50
135
0
14584
11460
90
0
10300
0
945
11335
0
25919
11460
-3668
14457
23691
9234
20023
23691

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EBENEZER HOUSE OF PRAISE MINISTRY INTERNATIONAL

**2 ** Statements of Assets and Liabilities at 31st January 2022 Statements of Assets and Liabilities at 31st January 2022 Statements of Assets and Liabilities at 31st January 2022
Cash Funds Unrestricted Funds
£/2021 £/2021
Bank 20023 23691
Total Cash Funds 20023 23691
Assets Retained for the
Charity's Own use
Musical Instruments 330 330
Equipments 496 406
Vehicle 10300
11126 736
Liabilities
Bookkeeping services 285 280

Approved by the Trustees and signed on their behalf:

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EBENEZER HOUSE OF PRAISE MINISTRY INTERNATIONAL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31st January 2022

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis under section of the Charities Act 2011.

Funds

Unrestricted funds are those which can be used at the Trustees' discretion. Restricted Funds are those whose purposes have been restricted by the donor.

Staff

The church had no employees during the accounting year. All the work of the organisation was undertaken by volunteers during the financila year.

Public Benefit

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

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