2024-04-30-accounts

KINGDOM CITIZENS INTERNATIONAL MINISTRIES

COMPANY NO 11299775

CHARITY NO 1193581

YEAR ENDED: 30 APRIL 2024

Contents

Legal and Adminstrative Information	1
Report of the Trustees	2-5
Independent Examiner's Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes forming part of the financial statements	9-12
The following page does not form part of the Statutory Accounts
Income and Expenditure Account	13

Kingdom Citizens International Ministries Report of Trustees for the Year ended 30 April 2024

Reference and Administrative information

Charity Name:	Kingdom Citizens International Ministries
Company Registration Number:	11299775
Charity Registration Number:	1193581
Principal Address	45 Kenyon Lane
	Manchester
	Lancashire
	M40 9JG
Directors/Trustees	Pastor Akinlolu Richard Ladokun	(Chairman)
	Pastor Isaac Babatunde Akande
	Pastor Dorcas Olowoyo
Accountants:	Sigmez Accountants Ltd
	192 Varley Street
	Manchester
	M40 7EJ
Bankers	Lloyds Bank
	276 Moston Lane
	Moston
	Manchester
	M40 9WB

Page 1

Kingdom Citizens International Ministries Report of Trustees for the year ended 30 April 2024

The Trustees present their report and the financial statements for the year ended 30 April 2024 The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' effective 1 January 2015.

Structure, Governance and Management

Governing Document

The Charity was incorporated with Charity Commission on the 17th February 2022 and is governed by Memorandum and articles incorporated on the 9th April, 2018 as amended by special resolution(s) dated 16th January, 2022.

Recruitment and appointment of new trustees

Generally trustees are appointed by Board of Trustees. Trustees are appointed by invitation as at when required and depending on their expertise and requirements of the charity.

Induction and training of new trustees

The charity arranges appropriate training both internally and through other voluntary training providers. The trustees and all involved in running the charity, including volunteers are always encouraged to acquire the necessary skills required for the achievement of the charity objectives.

Additionally, new trustees are invited and encouraged to attend series of short training sessions to familiarise themselves with the charity and the context within which it operates.

Organisational structure

The trustees who served during the period and up to the date of the report are set out above. The day to day responsibility for the running of the charity lies with the Pastor. The Pastor is accountable to the Board of Trustees who are ultimately responsible for all strategic decisions of the charity.

The trustees meet regularly and are responsible for the strategic direction and policy of the charity. All trustees and the pastor give their time voluntarily and receive no benefits from the charity. No full time employee is engaged in the administration of the charity. The charity is assisted by members who render voluntary services to the charity

Risk Management

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

Objectives and Principal Activities

The charity's objectives and principal activity is to promote the advancement of the christian faith, the relief of poverty poverty and promotion and fulfilment of various charitable causes within the local community and such other parts of the United Kingdom and the world as the trustees think fit.

Page 2

Kingdom Citizens International Ministries Report of Trustees for the year ended 30 April 2024

Our Mission

a) To bring salvation to all people through Jesus Christ b) To help people grow in the knowledge of God and quest to become more like Him - raising disciples and true kingdom citizens c) To show the practical love of God through good works and acts of mercy d) To be a true Christian family by being our brother's keeper and standing with each other through difficult times of life e) To help people become the full man/woman they are meant to be in every aspect of life, and to discover and fulfil their life purpose and destiny f) To help people discover, develop and deploy their gifts, skills and abilities to fulfil their purpose g) To support people to run the christian race successfully and make heaven at last.

Ensuring Our Work Delivers Our Aims

We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim , objectives and activities remained focused on our stated purposes. We have referred to the guidiance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

The Focus of Our Work

Our main objectives for the year continued to be the advancement of the Christian religion and the relieve of poverty and sickness. The policy of the Kingdom Citizens International Ministries is to pursue objectives in the following ways:

1. Provision of Weekly Church Services on Tuesdays, Thursdays, Sunday and third Friday of every month to minister to the physical, spiritual and material needs of the congregants.

2. Provision of Services to individuals, families and community at large. The service includes a wide range of spiritual and social care.

3. Focusing on the Material needs of certain members undergoing difficult financial situations.

4. Working with other Christian agencies and Churches in Manchester to advance the preaching of the Gospel.

5. Offering training consultation and information services to members

6. Sponsoring projects oversees (Mission and Outreach Work) where we have opportunity to do this effectively and where the project can be managed locally, such sponsorship can include funding, advice and training, assistance with raising finance and making contacts.

7. Providing training to support lifelong learning and skill development of our volunteers and providing information within our particular field of expertise for the purpose of helping them to discover, develop and deploy their potentials to serve God and humanity.

8. Providing welfare support to members in need within our capacity and ability. We also offer our services to anyone in need of spiritual help through free Christian counselling, prayers and deliverance solely on the basis of our ability to provide appropriate help and regardless of race, coloour, nationality, religion, gender, age, legal status and personal history.

Page 3

Kingdom Citizens International Ministries Report of Trustees for the year ended 30 April 2024

Development and Achievements in the Period

The charity's events were properly managed, executed and reviewed for its impact on members. Our charity continues to grow in Sunday morning attendance, youth and children's ministry. We minister to the physical, mental and spiritual needs of our members and new comers in our midst. We have helped relief poverty and hardship amongst both regular and irregular congregants who are suffering from financial hardship due to unemployment and lack of financial resources.

Financial Review

The charity was able to raise a total income of £59,803 during the year under review as against £47,001 in the previous year. This is an increase of £12,802 above last year figure.

Principal Funding Sources

The principal funding sources for the charity are currently by way of donations and gifts from congregants through the offering basket passed during church services and through standing orders etc.

Investment Policy

The Charity retains a significant amount in cash at the bank. The charity currently has a policy of keeping any surplus liquid funds in cash at banks where immediate access and security of funds is guaranteed.

Reserves Policy

It is the policy of the charity to maintain unrestricted funds which are the free reserves of the charity at a level which equates to at least 3 months of unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs and to respond to emergencies which may arise from time to time. The trustees have set this as a target, and are satisfied that the church is in a position to meet its financial obligations, fund its activities and continue to grow.

Plans for Future Periods

In the near future, the charity plans to expand its operations and will continue our drive towards providing more benefits to our community. The Charity plans continuing the activities outlined above in forthcoming years subject to satisfactory funding arrangements.

Page 4

Kingdom Citizens International Ministries Report of Trustees for the year ended 30 April 2024

Trustees ' Responsibilities

Charity Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable trust as at the balance sheet date and of its incoming resources and applications of resources, including income and expenditure, for the financial year. In preparing those financial statements the Trustees should follow best practice and

Select suitable accounting policies and then apply them consistently;

Make judgements and estimates that are reasonable and prudent

Prepare the financial statements on 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 company and to enable them to ensure that the financial statement comply with the Companies Act 2006 and Charities Act 2011. They are also responsible for the safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Members of the Board of Trustees

Members of the Board of Trustees, and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 3.

In accordance with charity law, as trustees, we certify that:

So far as we are aware, there is no relevant information of which the charity's accountants are unaware; and as the trustees of the charity we have taken all steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the Charity's accountants are aware of that information'.

This report has been prepared

By order of trustees:

Pastor Akinlolu Richard Ladokun Chairman

9th January, 2025

Page 5

Independent Examiner's Report to the Trustees of Kingdom Citizens International Ministries for the year ended 30 April 2024

I report on the accounts of the charity for the year ended 30 April 2024, which are set out on pages 7 to 13.

Respective responsibilities of trustees and examiner

The Trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year (under section 144 of the Charities Act 2011 (The 2011 Act) and that an independent examination is needed.

It is my responsibilty to:

examine the accounts (under section 145(1) of the Charity Act 2011;

follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5)[b] of the Charity Act 2011; and

to state whether particular matters have come to my attention

Basis of Independent examiners 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 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:

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives us reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 130 of the Charities Act 2011; and

to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities, 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.

Sigmez Accountants Ltd 192 Varley Stree Manchester M40 7EJ

Page 6

Kingdom Citizens International Ministries

Statement of Financial Activities (including Income and Expenditure Account) for the year ended 30 April 2024

Notes Incoming resources Incoming resources from generated funds: Voluntary Income: Donations and Offerings 1 Building Fund Gift Aid Tax Reclaim Sundry Income Activities for generating funds: Investment Income Incoming resources from charitable activities: Grants & Contracts Total incoming resources Resources expended Cost of generating funds Costs of generating voluntary income 2 Fundraising trading: cost of goods sold Charity activities 3 Governance Costs 4 Total resources expended Net Incoming resources before other recognised gains Net movement in funds Reconciliation of Funds Total funds brought forward Total funds carried forward	2024 2024 2024 2023 Unrestricted Restricted Total Total Funds Funds Funds Funds £ £ £ £ 46,663 - 46,663 31,861 2,500 - 2,500 5,384 9,752 - 9,752 8,500 888 - 888 1,256 - - - - - - - -
	59,803 - 59,803 47,001
	30,199 - 30,199 24,128 - - - - 17,827 - 17,827 16,724 300 - 300 300
	48,326 - 48,326 41,152
	11,477 - 11,477 5,849
	11,477 - 11,477 5,849 35,037 - 35,037 29,190
	46,514 - 46,514 35,039

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

The notes on Pages 9 to 13 form part of these Accounts.

Page 7

Kingdom Citizens International Ministries Balance Sheet as at 30 April 2024

Notes Fixed assets Tangible assets 8 Currents assets Debtors 9 Cash in hand Creditors: amounts falling due 10 within one year Net Current Assets Creditors: amounts falling due 11 after one year Net Assets 12 Unrestricted funds General funds 13 Total funds	2024 £ 3,063 4,700 49,695 (2,953) 51,442 (7,991) 46,514 46,514 46,514	2023 £ 4,008 46,757 (3,920) 42,837
		(12,270)
		34,575
		29,190
		29,190

Approved by the Board of Trustees on the 9th of January, 2025 and signed on its behalf by:

Pastor Akinlolu Richard Ladokun Chairman

The notes on pages 9 to 13 form part of these financial statements.

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Kingdom Citizens International Ministries

Notes forming part of the financial statements for the Year ended 30 April 2024

1. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.

(a) Basis of Accounting

The financial statements have been prepared under the historical cost convention, as modified by the inclusion of fixed assets investments at market value, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities issued in 1 January 2015.

(b) Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furthermore of the general objectives of the charity. Unrestricted funds include a revaluation reserve representing the restatement of investment assets at market values.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

(c ) Incoming Resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity , are recognised when the charity becomes unconditionally entitled to the grant.

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 in these accounts.

Invested income is included when receivable.

Incoming resources from charitable trading activity are accounted for when earned.

Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

(d) Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:

Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.

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.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity.

All costs are allocated between the expenditure categories of the SoFA (Statement of Financial Activities) on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. floor areas, per capita or estmated usage as set out in Note 4.

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Kingdom Citizens International Ministries

Notes forming part of the financial statements for the Year ended 30 April 2024

e. Fixed Assets

Fixed assets (excluding investments and Land and Building) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £200 are not capitalised. Depreciation is provided at rates calculated to write of the cost of each asset over its expected useful life, which in all cases is estimated at 3 years.

1. Donations

1. Donations
Donations -Tithes and Offering Gift Aid Tax Reclaim Building Fund Sundry Income	Unrestricted Restricted 2024 2023 Total Total £ £ £ £ 46,663 46,663 31,861 9,752 9,752 5,384 2,500 2,500 8,500 888 888 1,256
	59,803 59,803 47,001

Total Resources Expended

2. Costs of Generating Voluntary Income

Basis of Allocation Staff Costs Direct Bank Charges Direct Administration Direct Professional Fees Direct Support Costs Direct Premises Direct 3. Charitable Activities Ministry Direct 4. Governance Cost Professional Fees Direct Total Resources Expended	Church Work Support Cost Governance 2024 2023 £ £ £ £ £ 7,690 7,690 7,200 - - 5 1,116 1,116 1,410 470 470 - 9,375 9,375 4,497 11,548 11,548 11,016
	- 30,199 - 30,199 24,128
	17,827 - - 17,827 16,724
	17,827 - - 17,827 16,724
	- - 300 300 300
	- - 300 300 300
	17,827 30,199 300 48,326 41,152

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Kingdom Citizens International Ministries

Notes forming part of the financial statements for the Year ended 30 April 2024

5. Net Incoming Resources for the Year

This is stated after charging:

Accountant's Remuneration	2024 £ 300 300	2023 £ 300
		300

6. Trustee Remuneration & Related Pay Transactions

No member of the Board of Trustee except the Pastor received any remuneration during the year. The charity operates a PAYE system and the monthly allowance to the pastor is reported on real time Full Payment Submission (FPS) to HMRC.

7. Taxation

As a charity, Kingdom Citizens International Ministries is exempt from tax on income and gains falling within section 505 of the Taxes Act1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have risen in the Charity.

8. Tangible Fixed Assets

Motor Fixtures & Musical & Media Vehicle Fittings Equipment Fittings Cost At 1st May 2023 4,000 400 7,438 Additions during the year - - 950.00 At 30th April 2024 4,000 400 8,388 Depreciation At 1st May 2023 1,600 400 5,830 Charge for the year 800 - 1,095 At 30th April 2024 2,400 400 6,925 Net Book Value At 30th April 2023 1,600 - 1,463 Net Book Value At 30th April 2022 2,400 - 1,608 9. Debtors: Amounts falling due within one year 2024 £ Other Debtors 4,700 4,700 10. Creditors: Amounts falling due within one year 2024 £ Other Creditors 2,953 2,953 11. Long Term Creditors: Amounts falling due within one year 2024 £ Bounce Back Loan 7,991 7,991	2024 Total 11,838 950
	12,788
	7,830 1,895 -
	9,725
	3,063
	4,008
	2023 £ -
	-
	2023 £ 3,920
	3,920
	2023 £ 12,270
	12,270

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Kingdom Citizens International Ministries

Notes forming part of the financial statements for the Year ended 30 April 2024

12. Analysis of Net Assets Between Funds

	General DesignatedRestricted Total Funds Funds Funds Funds £ £ £ £
Tangible Fixed Assets Investments Current Assets Current Liabilities Long Term Liabilities	3,063 - - 3,063 - - - - 54,395 - - 54,395 (2,953) - - (2,953) (7,991) - - (7,991)
Net Assets at 30 April 2024	46,514 - - 46,514

13. Movements in Funds Restricted Funds: Total Restricted Funds Unrestricted Funds: General Funds Total Unrestricted Funds Total Funds	At 1 May Incoming Outgoing Transfers At 30 April 2023 Resources Resources 2024 [Inc Gains] £ £ £ £ £ - - - - -
	- - - - -
	35,037 59,803 48,326 - 46,514
	35,037 59,803 48,326 - 46,514
	35,037 59,803 48,326 - 46,514

Page 12

Kingdom Citizens International Ministries Income and Expenditure Account for the Year Ended 30 April 2024

2024 2023 £ £ £ £ £ £ Income 59,803 47,001 LESS OVERHEADS Staff Costs Salary 7,690 7,200 7,690 7,200 Premises Costs Rent & Rates 11,548 11,016 11,548 11,016 Bank Charges Bank Charges - 5 - 5 Administration Telephone 441 350 Printing, Postage and Stationery 675 1,060 1,116 1,410 Ministry Evangelism and Promotion 632 2,355 Retreats, Conferences & Events 7,160 4,710 Catering, Refreshment & Hospitality 2,823 3,089 Gift to Charities & Visiting Ministrie 4,803 3,216 Donations & Love Gifts & Welfare 1,669 2,240 Media Expenses 413 1,055 Books 140 Subscription 187 59 17,827 16,724 Professional Fees Audit & Accountancy Fees 300 300 Legal & Professional Fees 470 - 770 300 Support Costs Hotel, Travel & Motor Expenses 5,162 1,085 Insurance 510 510 Depreciation 1,895 2,742 Repair & Renewal 1,655 Sundry Expenses 153 162 9,375 4,498 (48,326) (41,153) Surplus/(Deficit for the year) 11,477 5,847 Surplus brought forward 35,037 29,190 Surplus carried forward 46,514 35,037	2024 2023 £ £ £ £ £ £ Income 59,803 47,001 LESS OVERHEADS Staff Costs Salary 7,690 7,200 7,690 7,200 Premises Costs Rent & Rates 11,548 11,016 11,548 11,016 Bank Charges Bank Charges - 5 - 5 Administration Telephone 441 350 Printing, Postage and Stationery 675 1,060 1,116 1,410 Ministry Evangelism and Promotion 632 2,355 Retreats, Conferences & Events 7,160 4,710 Catering, Refreshment & Hospitality 2,823 3,089 Gift to Charities & Visiting Ministrie 4,803 3,216 Donations & Love Gifts & Welfare 1,669 2,240 Media Expenses 413 1,055 Books 140 Subscription 187 59 17,827 16,724 Professional Fees Audit & Accountancy Fees 300 300 Legal & Professional Fees 470 - 770 300 Support Costs Hotel, Travel & Motor Expenses 5,162 1,085 Insurance 510 510 Depreciation 1,895 2,742 Repair & Renewal 1,655 Sundry Expenses 153 162 9,375 4,498 (48,326) (41,153) Surplus/(Deficit for the year) 11,477 5,847 Surplus brought forward 35,037 29,190 Surplus carried forward 46,514 35,037	2024 2023 £ £ £ £ £ £ Income 59,803 47,001 LESS OVERHEADS Staff Costs Salary 7,690 7,200 7,690 7,200 Premises Costs Rent & Rates 11,548 11,016 11,548 11,016 Bank Charges Bank Charges - 5 - 5 Administration Telephone 441 350 Printing, Postage and Stationery 675 1,060 1,116 1,410 Ministry Evangelism and Promotion 632 2,355 Retreats, Conferences & Events 7,160 4,710 Catering, Refreshment & Hospitality 2,823 3,089 Gift to Charities & Visiting Ministrie 4,803 3,216 Donations & Love Gifts & Welfare 1,669 2,240 Media Expenses 413 1,055 Books 140 Subscription 187 59 17,827 16,724 Professional Fees Audit & Accountancy Fees 300 300 Legal & Professional Fees 470 - 770 300 Support Costs Hotel, Travel & Motor Expenses 5,162 1,085 Insurance 510 510 Depreciation 1,895 2,742 Repair & Renewal 1,655 Sundry Expenses 153 162 9,375 4,498 (48,326) (41,153) Surplus/(Deficit for the year) 11,477 5,847 Surplus brought forward 35,037 29,190 Surplus carried forward 46,514 35,037
		5,847 29,190
		35,037

This page does not form part of the statutory accounts.

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