Mountain Movers Ministries
Charity No. 1195369
Company No. 11925930
Trustees' Report and Unaudited Accounts
30 April 2024
Mountain Movers Ministries Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 2 | |
| Independent Examiner's Report | 3 | |
| Statement of Financial Activities | 4 | |
| Summary Income and Expenditure Account | 5 | |
| Balance Sheet | 6 | |
| Statement of Cash flows | 7 | |
| Notes to the Accounts | 8 to | 11 |
| Detailed Statement of Financial Activities | 12 to | 13 |
Page 1
Mountain Movers Ministries Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 30 April 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 11925930
Charity No. 1195369
Registered Office
56a Mitcham Road Croydon CR0 3RG
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
Andrew Brown Charlene Berry Clifton Reid
Company Secretary
Clifton Reid
Accountants
Borasana Limited 55 Jasmine Grove London SE20 8JY
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position 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 irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
Clifton Reid Company Secretary 30 April 2024
Page 2
Mountain Movers Ministries Independent Examiners Report
Independent Examiner's Report to the trustees of Mountain Movers Ministries
I report to the charity trustees on my examination of the financial statements of Mountain Movers Ministries for the year ended 30 April 2024.
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('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 respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) 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 Act ; 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 (FRS 102).
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.
Orvil Plummer FCCA Borasana Limited 55 Jasmine Grove London
SE20 8JY 30 April 2024
Page 3
Mountain Movers Ministries Statement of Financial Activities for the year ended 30 April 2024
| Notes Income and endowments from: Donations and legacies 4 Total Expenditure on: Charitable activities 5 Other 6 Total Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2024 £ 29,799 |
Total funds 2024 £ 29,799 |
Total funds 2023 £ 26,662 |
|---|---|---|---|
| 29,799 15,674 8,917 |
29,799 15,674 8,917 |
26,662 20,529 6,000 |
|
| 24,591 - |
24,591 - |
26,529 - |
|
| 5,208 - |
5,208 - |
133 - |
|
| 5,208 | 5,208 | 133 | |
| 5,208 54,933 |
5,208 54,933 |
133 54,800 |
|
| 60,141 | 60,141 | 54,933 |
Page 4
Mountain Movers Ministries Summary Income and Expenditure Account for the year ended 30 April 2024
| Income Gross income for the year Expenditure Total expenditure for the year Net income before tax for the year Net income for the year |
2024 £ 29,799 29,799 24,591 24,591 5,208 5,208 |
2023 £ 26,662 |
|---|---|---|
| 26,662 | ||
| 26,529 | ||
| 26,529 | ||
| 133 | ||
| 133 |
Page 5
Mountain Movers Ministries Balance Sheet
at 30 April 2024
| Company No. 11925930 Notes 2024 £ Fixed assets Tangible assets 7 8,615 8,615 Current assets Debtors 8 941 Cash at bank and in hand 53,225 54,166 Creditors:Amount falling due within one year 9 (2,640) Net current assets 51,526 Total assets less current liabilities 60,141 Net assets excluding pension asset or liability 60,141 Total net assets 60,141 The funds of the charity Restricted funds 10 Unrestricted funds 10 General funds 60,141 60,141 Reserves 10 Total funds 60,141 |
2023 £ 8,616 |
|---|---|
| 8,616 941 48,827 |
|
| 49,768 (3,451) |
|
| 46,317 54,933 |
|
| 54,933 | |
| 54,933 | |
| 54,933 | |
| 54,933 | |
| 54,933 |
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 year ended 30 April 2024 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 30 April 2024
And signed on its behalf by:
Type text here
Clifton Reid Trustee 30 April 2024
Page 6
Mountain Movers Ministries Statement of Cash flows for the year ended 30 April 2024
| Cash flows from operating activities Net income per Statement of Financial Activities Adjustments for: Decrease in trade and other receivables (Decrease)/Increase in trade and other payables Net cash provided by operating activities Net cash used in investing activities Net cash from financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances |
2024 £ 5,208 - (810) 4,398 - - 4,398 48,827 53,225 53,225 53,225 |
2023 £ 133 213 737 |
|---|---|---|
| 1,083 | ||
| (5,917) | ||
| - | ||
| (4,834) | ||
| 55,650 | ||
| 50,816 | ||
| 48,827 | ||
| 48,827 |
Page 7
Mountain Movers Ministries Notes to the Accounts
for the year ended 30 April 2024
- 1 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Expenditure Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure 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. Grants payable 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.
Governance costs 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.
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.
Page 8
Mountain Movers Ministries Notes to the Accounts
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 position, 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 estimated 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.
3 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2023 £ 26,662 26,662 26,229 300 26,529 133 133 133 54,800 54,933 |
Total funds 2023 £ 26,662 |
|---|---|---|
| 26,662 26,229 300 |
||
| 26,529 | ||
| 133 | ||
| 133 | ||
| 133 54,800 |
||
| 54,933 |
Page 9
Mountain Movers Ministries
Notes to the Accounts
4 Income from donations and legacies
| 5 Expenditure on charitable activities Expenditure on charitable activities Grants made Governance costs 6 Other expenditure Pastor's Fees Employee costs Motor and travel costs Premises costs General administrative costs Legal and professional costs 7 Tangible fixed assets Cost or revaluation At 1 May 2023 At 30 April 2024 Net book values At 30 April 2024 At 30 April 2023 8 Debtors Other debtors |
Unrestricted £ 29,799 29,799 Unrestricted £ 15,237 - 437 15,674 Unrestricted £ 6,000 704 144 164 1,755 150 8,917 2024 £ 941 941 |
Total 2024 £ 29,799 29,799 Total 2024 £ 15,237 - 437 15,674 Total 2024 £ 6,000 704 144 164 1,755 150 8,917 £ 8,615 8,615 8,615 8,615 |
Total 2023 £ 26,662 |
|---|---|---|---|
| 26,662 | |||
| Total 2023 £ 19,723 187 619 |
|||
| 20,529 | |||
| Total 2023 £ 6,000 - - - - - |
|||
| 6,000 | |||
| £ 8,615 |
|||
| 8,615 | |||
| 8,615 | |||
| 8,615 | |||
| 2023 £ 941 |
|||
| 941 |
Page 10
Mountain Movers Ministries Notes to the Accounts
- 9 Creditors:
amounts falling due within one year
| Trade creditors Corporation tax Other creditors Accruals 10 Movement in funds Restricted funds: Unrestricted funds: General funds Total funds 11 Analysis of net assets between funds Fixed assets Net current assets 12 Reconciliation of net debt Cash and cash equivalents Net debt |
At 1 May 2023 54,933 54,933 |
2024 £ 267 24 713 1,636 2,640 Incoming resources (including other gains/losses ) £ 29,799 29,799 At 1 May 2023 £ |
Resources expended £ (24,591) (24,591) Unrestricted funds £ 8,615 51,526 60,141 Cash flows £ |
2023 £ 1,077 24 713 1,637 |
|---|---|---|---|---|
| 3,451 | ||||
| At 30 April 2024 £ 60,141 |
||||
| 60,141 | ||||
| Total £ 8,615 51,526 |
||||
| 60,141 | ||||
| At 30 April 2024 £ |
||||
| 48,827 | 4,398 | 53,225 | ||
| 48,827 48,827 |
4,398 4,398 |
53,225 | ||
| 53,225 | ||||
| 13 Related party disclosures Controlling party |
Page 11
Mountain Movers Ministries Detailed Statement of Financial Activities
for the year ended 30 April 2024
| Income and endowments from: Donations and legacies Total income and endowments Expenditure on: Charitable activities Grants made Governance costs Total of expenditure on charitable activities Other expenditure Pastor's Fees Employee costs Staff entertainment Motor and travel costs Vehicles - General costs Premises costs Other premises costs General administrative costs, including depreciation and amortisation Information and publications Software, IT support and related costs Subscriptions Sundry expenses Legal and professional costs Consultancy fees |
Unrestricted funds 2024 £ 29,799 29,799 29,799 15,237 - 15,237 437 437 15,674 6,000 6,000 704 704 144 144 164 164 22 206 843 684 1,755 150 150 |
Total funds 2024 £ 29,799 29,799 29,799 15,237 - 15,237 437 437 15,674 6,000 6,000 704 704 144 144 164 164 22 206 843 684 1,755 150 150 |
Total funds 2023 £ 26,662 |
|---|---|---|---|
| 26,662 | |||
| 26,662 19,723 187 |
|||
| 19,910 | |||
| 619 | |||
| 619 | |||
| 20,529 6,000 |
|||
| 6,000 | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - - - - |
|||
| - | |||
| - | |||
| - |
Page 12
Mountain Movers Ministries Detailed Statement of Financial Activities
| Mountain Movers Ministries Detailed Statement of Financial Activities |
|||
|---|---|---|---|
| Total of expenditure of other costs Total expenditure Net gains on investments Net income Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
8,917 24,591 - 5,208 5,208 - 5,208 54,933 60,141 |
8,917 24,591 - 5,208 5,208 - 5,208 54,933 60,141 |
6,000 |
| 26,529 - |
|||
| 133 | |||
| 133 - |
|||
| 133 | |||
| 54,800 | |||
| 54,933 |
Page 13