Mountain Movers Ministries Chaylty No. 1195369 Company No. 11925930 Trustees. Rèport and Unaudited Accounts 30 April 2025
Mountain Moveys Mlnistries Contents Pages Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities Summary Income and Expenditure Account Balance Sheet Statement of Cash flows Notes to the Accounts Detailed Statement of Financial Activities 8t09 Page I
Mountain Movers Ministries Trustees Annual Report The trustees, who are a150 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 2025. REFERENCE AND ADMINISTRATIVE DETAILS Company No. 11925930 Charlty No. 1195369 Registered office 56a Mitcham Road Croydon CRO 3RG Directors and Trustees The Directors of the charitable company are it5 Trustees for the purp05e5 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 fDr keeping proper accounting record5 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 takina reasonable steps for the prevention and dÈtèttion of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companles reglme as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FR5 1021. Signed on behalf of the board An ew Brown Trustee 30 April 2025 Page 2
Mountain Movers Ministries Independent Examiners Report Independent Examiner'5 Report to the trustees of Mountaln Movers Mlnlstries I report to the charity tru5tee5 on my examination of the financial statements of Mountain Movers Ministries for the year ended 30 April 2025. Responsibilities and basis of report As the charity's trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Art 20061'the 2006 Act. Having satisfied myself that the financlal statements of the Charlty are not requlred to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of vour charity's linancial statements as carried out under section 145 of the Charities Act 20111'the 2011 Art'l. In carrying out My examination I have followed the Direction5 given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examiner'5 Statement I have completed my examination. I can confirm that no material matters have come to my attention In connection with the examination givin£ 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 wlth 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 linan¢ial statements give a 'true and fair, view which is not a matter considered as part of an indèpendent examination., or the financi31 statement5 have not been prepèred in accordance with the methods and principles of the Statement of Recommended Practice for a¢¢ounting and rèporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 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 underst3nding of the financial statements to be reached. Qrvil Plummer ACCA Borasana Limited 55 jasmine Grove London SE20 81Y 30 April 2025 Page 3
Mountain Mover5 Ministries Statement of Financial Activitles for the year endèd 30 April 2025 Unrestricted funds Total funds Total funds 2025 2025 2024 Notes Income and endowments from: Donations and legacies 29,798 29,798 29,799 Total 29,798 29,798 29,799 Expenditure on: Charitable activSties Other 14,854 20,855 14,854 20,855 15,674 8,917 Total 35,709 35,709 24,591 Net gains on investments Net lexpenditure)Ilncome Transfers between funds 15,9111 15,9111 5,208 Net lexpenditurelllncome before other galnslllosses) 15,9111 15,9111 5,208 Other gains and losses Net movement In fund5 15,9111 15,9111 5,208 Recon¢illation of funds: Total funds brought forward 60,141 60,141 54,933 Total funds carried forward 54,230 54,230 60,141 Page 4
Mountain Movers Ministries Summary Income and Expenditure Account for the year ended 30 April 2025 2025 2024 Income 29,798 29,799 Gross Income for the year Expenditure 29,798 29,799 35,709 24,591 Total expenditure for the year Net lexpenditurellincome before tax for the year 35,709 24,591 15,9111 5,208 Net lempenditure l/in¢ome for the year 15,9111 5,208 Page S
Mountain Mover5 Ministrles Balance Sheet at 30 Aprll 2025 Company No. 11925930 Notes 2025 2024 Fixed assets Tangible assets 8,615 8,615 8,615 8,615 Current assets Debtors 1,112 50,190 51,302 15,6871 941 Cash at bank and in hand 53,225 54,166 12,6401 51,526 Creditors: Amount falling due withln one year Net current assets io 45,615 Total assets les5 current liabilitFes 54,230 60,141 Net assets excluding pension asset or IlabilÈty 54,230 60,141 Total net assets 54,230 60,141 Thè funds of the charity Restricted funds Unrestricted funds General funds li li 54,230 60,141 54,230 60,141 Reserves li Total funds 54,230 60,141 These accotjnts have been prepared in accordance with the special provision5 of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 30 April 2025 the company wa5 entitled to exemption under section 477 of the Comp3nles Act 2006 relating to small companies. The members have not required the comp3ny to obtain an audit in accordan with sertion 476 of the Companies Act 2006. The director5 acknowledge their responsiblllties for Complying with the requirement5 of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 30 Aprll 2025 And signed on its behalf by.. Andrew Brown Trustee 30 April 2025 Page 6
Mountain Movers Ministrles Statement of Cash flows for the year ended 30 April 2025 2025 2024 Cash flows from operatlng activities Net lexpenditurellin¢ome per Statement of FinancSal Activlties 15,9111 5,208 Adjustments for: Increase in trade and other receivables Increaselloécreasel in trade and other payables 11711 3,047 18101 Net cash {used inllprovided by operating activitles 13.0351 4,398 Net ¢ash from investing actlvlties Net cash from financing activitie5 Net Idecreasel/ln¢rease in cash and ¢ash equivalents 13,03SI 4,398 Cash and tash equivalents at the beglnnlng of the year 52,225 48,827 Cash and cash equlvalents at the end of the year 50,190 53,225 Components of ¢ash and cash equlvalents C3sh and bank balances 50,190 53,225 50,190 53,225 Page 7
Mountain Movers Ministries Notes to the Accounts for thè year ended 30 Aprll 2025 l Accounting policies Basi5 of preparatlon The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicablc to charities preparing their acctsunts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I january 20151 ICh3rities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Change in basis of accounting or to previous accounts There has been no change to the accounting policies Ivaluation rules and method of accounting) slnce last year and no changes have been made to accounts for previous years. Fund ac¢ountlng Unrestricted funds These are ava113ble for use at the discretion of the trustees In furtherance of the general objects of the charity. These are unregtricted fLJnds earmarked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restricted funds Income Recognition of income Income is included in the Statement of Financial Activities ISOFAI when thé charitv becomes entitled to. and virtually certair) to receive, the income and the amount of the income can be measured w1th sufflcient reliabilitv. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SOFA. DonatlOn5 and Voluntary income received by w3y of grants, donations and gifts15 included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims Is incSuded in the SOFA at the same time as the donation5 and gifts giftldonation to which it relétes. Donated services These are only included in income (with an equivalent amount in expenditurel where the benefit to the Charity15 reasonably quantifiable, measurable and materi81. Volunteer help The value of any volunteer help received is not included in the accounts. Investmer)t intome This is included in the accounts when receivable. Gains/llossesl on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gainslllossesl on investment assets legacies and facilities This irscludes any gain or10sS Qll the sale of investments. Page 8
Mountain Mover5 Minlstrles Notes to the Accounts Expendlture Recognition of expenditure Expenditure is reco8ni5ed on an accrua15 basis. Expenditure includes any VAT which cannot be fully rècovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs aoCIated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the cost5 incurred by the charity in the delivery of its activitie5 and charitable activities service5 in thè furtherance of its objects, including the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for graritS thèt have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutorv requirement5 of the Charity, including any auditlindependent examination fees, costs linked to thÈ stratÉEiC management of the Charity, together with a share of other administration costs. These are support tosts not 311ocated to 3 particular activity. Grants payable Governance costs Other expenditure Taxation The charity is exempt from corporation tax on its charitable activities. Freehold investment property Investment properties are measured initially at cost and subsequently at fair walue at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. Stocks Stock is included at the lower of cost or net reallsable value. Donated items of stock are recognised at fair value which is the amount the charity wotjld have been willing to Pay for the items on the open market. Trade and other debtor5 Trade and other debtors 8re ¥etognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equlvalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other shoTt-terM highly Ilquid investments with original maturitie5 of three months 91 les5 and bank overdrafts. In the statement of financial PDSltion, bank overdrafts are shown wlthln borrowlngs 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 intègral p3rt ol thè company's cash management. Trade and other creditors Short term creditors are measured at the transaction prl¢e. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that wlll probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured t)r estimated reliably. Creditors and provisions are norm3lly recognisèd at their settlement amount after allowing for any trade discounts due. Page 9
Mountain Movers Minlstries Notes to the Accounts Researth and development Expenditure on research and development is written off in the year in which it is incurred. Foreign eurrencles Monotary assets and liabilitie5 denominated in currencies other than the functional currency of the charlty are translated at the rates of exchange prevailing at the end of the reporting period. Tran5JCtions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net incomelexpenditure. Leased a55ets Where the charity enters into a lease which entails taking substantially all the risks and reward5 of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantlally all the risks and reward5 of ownership to charity are classlfied as operating leases. Assets held under finance leases are it)itially recognised as assets of the charity at their fair value at the inception of thÈ lease or, if lower, at the present value of the minimLJm lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payment5 are apportioned between finance expenses and reduction of the lease obligation so as to achieve a const3nt r3te of interest or¥ the remaining balance of the Ilability. Finance expenses are recognised immediately, unless they are directly attributable to quallfying assets, in which case they are capitali5ed in accordance with the charity's policy on borrowing costs. Assets held under finance leases arè depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operat1ng leases, such incentives are recognised a5 a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. Pension costs The charity operates a defined contributlon plan for its employees. A deflnèd contribution plan is a pension plan under which the company pays fixed contribution5 into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The 3sset5 of the plan are held separately from the company in independently administered funds. Receipt of donated goods, facllltSes and services All doiiated goods, facilities and services received are recognised within incoming resource5 and expenditure at an estimate of the value to the charity. 2 Company statu5 The company is a private company limlted by guarantee and consequently does not have share cap1tal. Page 10
Mountain Movers Ministries Notes to the Account5 3 Statement of Flnanclal Actlvltles- prior year Unrestricted funds Total funds 2024 2024 Income and endowments from., Donations and legacies Total 29,799 29,799 29,799 29,799 Expenditure on: Charitable activitie5 15.674 15,674 8,917 Other 8,917 Total 24,591 24,591 Net income 5.208 5,208 Net Income before other galn5/llossesl Other gains and10sses- Net movement In funds 5.208 5,208 5,208 5,208 Reconciliation of funds: Total fund5 brought forward Total funds carried forward 54,933 54,933 60,141 60,141 4 Income from donations and legacies UnrestTlCted Total Total 2025 2024 29,798 29,798 29,798 29,798 29,799 29,799 5 Expenditure on charitable activities Unrestricted Total Total 2025 2024 Expenditure on charittjble activities 14,854 14,854 15,237 Governonce costs 437 14,854 14,854 15,674 Page 11
Mountain Movers Mlnlstries Notes to the Accounts 6 Other expenditure Unrestrlcted Total 2025 Total 2024 Pastor's Fees 6,000 Employee costs Motor and travel costs 2,445 1,351 8,102 2,953 6,004 20,855 2,445 1,351 8,102 2,953 6,004 20,855 704 144 Premises c05t5 164 General administrative costs 1,755 150 Legal and professional costs 8,917 7 Staff costs 2025 2024 Salaries and wages I,oao I,(x)o 8 Tangible flKed assets Cost or revaluatlon At l May 2024 At 30 April 2025 Net book values 8,615 8,615 8,615 8,615 At 30 April 2025 At 30 April 2024 9 Debtors 8,615 8,615 8,615 8,615 2025 2024 Other debtors 1,112 1,112 941 941 10 Credltors: amount5 falling due within one year 2025 2024 Trade credito 4,309 12581 267 Corporation tax Other creditors Accruals 24 713 1,636 5,687 1,636 2,640 Page 12
Mountain Movers Ministrles Notes to the Accounts 11 Movement In funds Incomlng resources includlng other At l May gains/los5es 2024 Resour$ expended At 30 Aprll 2025 Restrlcted funds,, Unrestricted funds: General lunds 60,141 29.798 135,7091 54,230 Total funds 12 Analy515 of net assets between funds 60,141 29,798 135,7091 S4,230 Unrestricted funds Total Fixed assets 8,615 45,615 54,230 8,615 45,615 54,230 Net current a55ets la Reconclllallon ol net debt Atlmay 2024 At 30 Aprll 2025 Cash flow5 Cash and cash equivalents 53,225 53,225 13,0351 13,0351 50,190 50,190 Net debt 53,225 13,0351 50,190 14 Related party disclosures Controlling party Page 13
Mountain Movers Ministries Detailed Statement of Financial Activities for the year ended 30 April 2025 Unrestrlcted funds Total funds Total funds 2024 2025 2025 Income and endowments from: Donations and legacies 29.798 29,798 29,798 29,798 29,799 29,799 Total income and èndowments 29,798 29,798 29,799 Expendlture on: Charitable activitles 14,854 14,854 14,854 14,854 15,237 15,237 Governance costs 437 437 Total of expenditure on charitable divitle5 14,854 14,854 15,674 other expenditure Pastor's Fees 6,000 6,000 Employee costs Directors, remuneration staff entertainment 1,000 1,445 2,445 1,000 1,445 2,445 704 704 Motor and travel costs Vehicles General costs Travel and subsistence 91 91 144 1,260 1,351 1,260 1,351 144 Premises costs Rent 7,942 7,942 Premises repairs and maintenance 160 160 Other premises costs 164 8,102 8,102 164 General administrative costs, including depreciation and amortisation General insurances Information and publications Software, IT support and related Costs 613 613 22 152 152 2C)6 Stationèry and printing Subscription5 399 785 399 785 843 Page 14
Mountain Movers Ministries Detailed Statement of Financial Acttvities Sundry Éxpenses Telephone, fax and broadband 339 339 665 665 2,953 2,953 1,755 Legal and professional ¢ostS Accountancy and bookkeeping Consultancy fees Other le831 and professional costs 403 403 150 5,601 5,601 6,004 6,004 150 Total of expenditure of other c05t5 20,855 20.855 8,917 Total expenditure Net gains on Investments 35,7 35,709 24,591 Net {expenditurel/incomè 15,9111 15,9111 5,208 Net (expendlturel/lncome before other gains/llosses} Other Gain5 15.9111 15,9111 5,208 Net movement intunds 15,9111 15,9111 5,208 Reconciliation of funds: Total funds brought forward 60,141 60.141 54,933 Total funds carried forward 54,230 54,230 60,141 Page 15