Annual Reports of Kingdom Builders UK Registered Charity Number 1192753 For the year ended 31 December 2023
Contents
| Page | |
|---|---|
| Reference and administrative details | 1 |
| Trustees’ report | 2 - 3 |
| Independent Examiner's Report to the Trustees | 4 |
| Receipts and Payments Account | 5 |
Reference and administrative details
For the year ended 31 December 2023
| Name of charity: | Kingdom Builders | UK |
|---|---|---|
| Charity registration number: | 1192753 | |
| Trustees: | J Townley | (Chair) |
| M Bretton | ||
| D Broughton | ||
| W Tattersall | (Appointed 12thJuly 2023) | |
| Registered office and principal address: | FMUK c/o Freedom Church | |
| Acorn House, The | Kingswood Estate | |
| Britannia Road | ||
| Kingswood | ||
| Bristol | ||
| BS15 8DB | ||
| Bankers: | Lloyds Bank Plc | |
| 98 Victoria Street | ||
| London | ||
| SW1E 5JL |
1
Trustees’ report for the year ended 31 December 2023
The trustees present their annual report and financial statements for the year ended 31 December 2023. The trustees who served during the year and up to the date of this report are set out on page 1.
In submitting their report and the financial statements for the year ended 31 December 2023, the trustees have adopted the provisions of The Charities Act 2011 in preparing the Annual Report and financial statements of the charity.
Structure, governance and management
Kingdom Builders UK is a Charitable Incorporated Organisation (CIO) governed by constitution. The trustees of Kingdom Builders UK will be first nominated according to the nominating committee of the Free Methodist Church UK & Ireland, second approved following a vote by the members of the Free Methodist Church UK & Ireland Annual Conference and finally appointed by a resolution passed by the trustees of Kingdom Builders UK. Trustees will serve for a term of 2 years with a review after 6 and 18 months.
Objectives and activities
The charity’s objective is the advancement of the Christian faith in the UK for the public benefit, mainly, but not exclusively, by means of supporting the establishment of new church groups, and providing administration, professional and technical support, and guidance to new and established church groups, and other ministries, in particular, but without limitation, those connected with the Free Methodist Church UK.
Our missionary focus is the whole of the United Kingdom. The focus continues in our connection and involvement with the ministry of the Free Methodist Church internationally.
Seeking to support the vision of 100 churches and more by 2034, Kingdom Builders UK exists primarily for the purpose of raising financial support to enable church plants connected with the Free Methodist Church UK & Ireland. Once this vision has been fulfilled Kingdom Builders UK will continue to raise finance for further church plants.
As a secondary purpose, Kingdom Builders UK looks to provide financial support to enable significant local church vision for fruitful multiplication and the breaking of new ground within the Free Methodist Church UK & Ireland.
Public benefit statement
The charity complies with the public benefit requirement through its charitable objectives.
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.
Achievements and performance
Kingdom Builders UK has raised £51,109 (2022: £980) in the year ending 31 December 2023 towards church planting. The charity has made grants of £12,000 (2022: £800) in the year. The trustees have met 2 times this year.
Financial review
Total unrestricted fund receipts for 2023 were £51,109 (2022: £980).
2
Reserves policy
It is the policy of Kingdom Builders UK to maintain a balance of unrestricted funds when available to meet unforeseen situations.
Reserves may be held in a separate deposit account to enable the charity to benefit from accrued interest.
Total free reserves held amount to £64,285 (2022: £25,215).
Volunteers
Our thanks go to all those who have served Kingdom Builders UK this year and who are committed to the work ahead. Above all we want to give God the glory and celebrate what He has done.
Declaration
The trustees declare that they have approved the trustees’ report above
Signed on behalf of the charity’s trustees
J Townley Chair
FMUK c/o Freedom Church Acorn House, The Kingswood Estate Britannia Road Kingswood Bristol BS15 8DB
Dated: 29/02/2024
3
Independent Examiner’s Report to the Trustees of Kingdom Builders UK
I report on the accounts of the charity for the period ended 31 December 2023, which are set out on page 5.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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 accounts to be reached.
N Day Association of Accounting Technicians
14 Mountstephen Close St Austell Cornwall PL25 5DZ
Dated: 08/02/2024
4
Receipts and Payments Account
For the year ended 31 December 2023
| Receipts and Payments Unrestricted funds £ Receipts: Donations and legacies 51,109 Charitable activities - Other trading activities - Investments - Other income - _ Total receipts 51,109 Payments: Raising funds - Charitable activities 12,039 _ Total payments 12,039 Net of receipts/ (payments) 39,070 Transfers between funds - Cash funds last year end 25,215 ___ Cash funds this year end 64,285 Statement of Assets and Liabilities Total cash funds 64,285 |
Restricted funds £ - - - - - _ - - - _ - - - - ___ - - |
Total 2023 Unrestricted funds £ £ 51,109 980 - - - - - - - - ___ _ 51,109 980 - - 12,039 - ___ _ 12,039 - 39,070 980 - - 25,215 24,235 ___ ___ 64,285 25,215 64,285 25,215 |
Restricted funds £ - - - - - _ - - 800 _ 800 (800) - 800 ___ - - |
Total 2022 £ 980 - - - - _ 980 - 800 _ 800 180 - 25,035 ___ 25,215 25,215 |
|---|---|---|---|---|
The accounts were approved by the trustees on 29/02/2024 and were signed on their behalf by:
J Townley Chair
5