## **CHURCH ACCOUNTS** Prepared for **KINGDOMWAY MINISTRIES** **FOR PERIOD** **6th April 2024 TO 5th April 2025** ## **KINGDOMWAY MINISTRIES** ## **CHURCH INFORMATION** ## **Trustees** Christine Auma - Tresurer Yinka Ogunniyi Noah Elias - Secretary ## **Registered Office** Unit 5A 84 Cato Street North Birmingham B7 5AN **Examiners** Trackrecords Management Services Limited Unit 7 Cochran Close Crownhill Milton Keynes MK8 0AJ ## **KINGDOMWAY MINISTRIES FOR THE YEAR ENDED 5th April 2025** ## **REPORTS** The Trustees presents their report and financial statements for the year ended 5th April 2025 ## **Objects of the Church** The objects of the Church stated below have been set up to primarilly benefit the public: (a) to advance the Christian faith in several ways and in different parts of the United Kingdom or the world as the Church Board from time to time may think fit (b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including the provision of counselling and support in such parts of the United Kingdom or the world as the Church Board from time to time think fit; and; (c) to advance education in such ways and in such parts of the United Kingdom or the world as the Church Board from time to time may think fit especially in parts of the UK where its users are drawn from, in particular in the advancement of education, the furtherance of health and the relief of poverty, distress and sickness among children women and others who are disadvantaged and the underprivileged. ## **Activities of the Charity** When planning the activities of the church for the year, the church board takes into account the the charities commission guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular the church board tries to enable ordinary people to live out their faith as part of our church through the following activities: ## **Mondays & Tuesdays** Counselling ## **Wednesdays** Virtual Prayer & Bible Studies ## **Thursdays** Counselling ## **Fridays** Virtual Prayer and Ministration Service ## **Sundays** In Chuch service ## **KINGDOMWAY MINISTRIES FOR THE YEAR ENDED 5th April 2025** ## **Other Activities** Easter Programme at Church Premises Workers Seminar in July 2024, October 2024 and March 2025 Youth ministration in July 2024 Family Day Trip to Wales in August 2024 Family Barbecue in August 2024 Virtual Praying & Fasting in July 2024, October 2024 and January 2025 General Outreach To The Community in Jue 2024, September 2024 and December 2024 Christmas and New Year Celebration Food Bank for Church Members and Homeless Information, advice and guidance every Sunday Referral services to specialist agencies Employment Support for Church members Developmental trainings in April 2024, July 2024, November 2024 and Decemer 2024 Other celebrations - Mothers and fathers day Cultural day event in December 2024 Church ministers meeting and trustees virtual meetings Monthly Men and Womens meetings ## **Evangelism** Spreading the Christian gospel by personal witness ## **Financial Review of the Charity** The Churches’s results for the year and its financial position at the end of the year are fully disclosed in the attached financial statements. The total income for the year amounted to **£55,666.29** We are very grateful to all church members who have generously given financially and all help offered in the last years to keep the church going. ## **Tangible fixed assets for use by the charity** There is no movements in the fixed assets ## **KINGDOMWAY MINISTRIES FOR THE YEAR ENDED 5th April 2025** ## **Committee of Members' responsibilities** The charity law requires the committee of members to prepare financial statements for each financial year, which give a true view of the financial activities of the charity and of its financial position at the end of that period. In preparing those financial statements, the committee of members is required: - a) Select suitable accounting policies and apply them consistently; - b) Make judgements and estimates that are reasonable and prudent; - c) State whether the policies adopted are in accordance with applicable accounting standards and statements of recommended accounting practices, subject to any material departures disclosed and explained in the financial statements; - d) Prepare financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in operation. The committee of members is responsible for keeping proper accounting records, which discloses with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Examiners** A resolution to appoint Messer Trackrecords Management Services Limited as examiners for the ensuring year has been proposed and agreed at the annual general meeting in accordance with the Charities Act. ## **Approval** The report was approved by the committee of members on the 13th September 2025 and signed on its behalf ## **Mr Noah Elias - Trustee** ## **KINGDOMWAY MINISTRIES FOR THE YEAR ENDED 5th April 2025** ## **Examiners Report** We have examined the financial statements in this report, which have been prepared following the accounting policies, set out in the report. ## **Respective responsibilities of trustees and examiners** As described in report, the trustees of the Kingdomway Ministries are responsible for the preparation of financial statements. It is our responsibilities to form an independent opinion, based on our examination, on the statements and to report our opinion to you. ## **Basis of opinion** We conducted our examination in accordance with standards charity accounting and independent examination. The examination is on test basis, of the evidence relevant to the amount of disclosures in the financial statements. It includes an assessment of the significant estimates and judgements made by the committee of the members in preparation of the financial statements and whether the accounting policies are appropriate to the charity’s circumstance, consistently applied and adequately disclosed. We planned and performed examination of the documents to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial statements are free form material misstatements, whether caused by fraud or other irregularities or error. In forming our opinion, we also evaluated the overall adequacy of the presentation of the information in the statements. ## **Opinion** In our opinion the financial statements give a fair view of the state of the charities affairs at 5th April 2025 and of its surplus for the period ended and have properly prepared in accordance with regulations of Charities Act. ## **Date:** 13th September 2025 ## **TRACKRECORDS MANAGEMENT SERVICES LIMITED** ## **UNIT 7 COCHRAN CLOSE NETHERFIELD MILTON KEYNES MK6 4JH** |**KINGDOMWAY MINISTRIES**
**FOR PERIOD 6th April 2024 to 5th April 2025**
**Income & Expenditure**
**INCOME**
Total Offering
**Total Income**
**EXPENDITURE**
Total Expenditure
**NET PROFIT**|**2025**
**2024**
**Unrestricted Funds**
**Unrestricted Funds**
**£**
**£**
55,666.29
69,953.01|**2024**| |---|---|---| ||**55,666.29**
**69,953.01**|| ||61,969.29
70,528.09|| ||**61,969.29**
**70,528.09**|| ||**_-6,303.00_**
**_-575.08_**|| ## **CONTINUING OPERATIONS:** None of the Churches activities were acquired or discontinued during the above financial period ## **STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES** There were no recognised gains or losses in the above financial period other than the results for the period and, accordingly no statement of total recognised gains and losses has been prepared. I approve the above accounts and confirm that I have made available all necessary information for their preparation ## **Mr. Noah Elias - Trustee** ## **ACCOUNTANTS REPORT** _We have prepared the above accounts without carrying out an audit and from information from Kingdomway Ministries Church's books and records and explanations suppplied to us._ Trackrecords Management Services Limited Unit 7 Cochran Close Crownhill Milton Keynes MK8 0AJ ## **KINGDOMWAY MINISTRIES BALANCE SHEET AS AT 5th April 2025** |**Notes**
FIXED ASSETS
Tangible assets
5
CURRENT ASSETS
Debtors
6
Business Premium Acccount
Current Account
CREDITORS
Amounts falling due
7
Net Current Assets/ (Liabilities)
Total Assets Less Current Liabilities
NET ASSETS / (LIABILITIES)
CAPITAL & RESERVES
Profit and loss account
Profit and loss reserve|**£**
0
-3,418
339|**2025**
**£**
0
-3,079|**2025**|0
2,810
414|**2024**
0
3,224|**2024**| |---|---|---|---|---|---|---| ||-3,079
0|||3,224
0||| |||||||| |||-3,079|||3,224|| |||**-3,079**|||**3,224**|| |||-6,303
3,224|||-575
3,799|| |||**-3,079**|||**3,224**|| In approving these financial statements as the Trustee of the Church, I hereby confirm that these accounts have been prepared in accordance with the provisions applicable to the Charities Act ………………….Trustee ## **Mr. Noah Elias** 26/11/2025 The financial statements were approved by the board of Trustees …………………… ## **KINGDOMWAY MINISTRIES BALANCE SHEET AS AT 5th APRIL 2025** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **1. ACCOUNTING POLICIES** ## a) Basis of accounting The financial statements have been prepared under the historical cost convention. ## b) Income Income represents various financial donations received to fund the operations of the church ## c) Depreciation Depreciation is provided on tangible assets at rates calculated to write off the cost of each asset over its expected useful life. The rates used on a reducing balance are as follows: Equipment, Fixtures & Fittings 25% straight line ## **2. INCOME** The income and profit for the year is all attributed to the company's principal activity and all services have been provided to the United Kingdom market. ## **PENSIONS** The Church does not operate a pension scheme. ## **3. OPERATING PROFIT** The operating profit is stated after charging: |Depreciation of tangible fixed assets
Pastors remuneration included
Pastors pension contributions|**2025**| |---|---| ||**£**
0
0
0| ||**0**| ## **4. TAX ON ORDINARY ACTIVITIES** This represents corporation tax @0% based on profit for the year on ordinary activities ## **KINGDOMWAY MINISTRIES BALANCE SHEET AS AT 5th April 2025** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **5. TANGIBLE FIXED ASSETS** |**Cost**
5th April 2025 Additions
At 5th April 2025
**Depreciation**
Charge for the year
At 5th April 2025
**Net Book Value @ 5th April 2025**
**6. Debtors**
Debtors|**£**
0
0| |---|---| ||0| ||0| ||0| ||| ||0| ||0| ||**0**| ## **7. CREDITORS-Amounts falling due less than 1 year** |Trade Creditors|**£**
0| |---|---| ||**0**| ## **KINGDOMWAY MINISTRIES AS AT 5th April 2025** ## **Detailed Income & Expenditure** |**INCOME**
Offering
Thanksgiving Offering
Tithes
**Total Income**
**EXPENDITURE**
Accountants Fees
Building Insurance
Church Rent
Donation
Equipment Expensed
Gift
Light & Heat
Pastor Support
Repairs & Maintenance
Software
Stationery
Subscription
Sundry
Telephone Bill
Travel
Water Bill
Website Costs
Womens Conference|**Unrestricted Funds**
**£**
**£**
29,919.26
250.00
25,497.03
**55,666.29**
1,200.00
31,950.00
1,738.00
394.00
90.98
2,780.95
20,400.00
509.08
174.98
86.78
62.36
50.00
931.90
850.00
356.03
244.23
150.00
**61,969.29**|**Unrestricted Funds**
**£**
**£**
29,919.26
250.00
25,497.03
**55,666.29**
1,200.00
31,950.00
1,738.00
394.00
90.98
2,780.95
20,400.00
509.08
174.98
86.78
62.36
50.00
931.90
850.00
356.03
244.23
150.00
**61,969.29**| |---|---|---| |||**55,666.29**| |||| ## **NET LOSS FOR YEAR** **-6,303.00** Depreciation ## **Equipment** |**Desc.**
Drums
Loudspeakers
Keyboard
Bass Guitar
Electric Drums
Microphone
Video Camera with stand
Base combo
Total|**Date bght**
B/fwd
B/fwd
B/fwd
B/fwd
B/fwd
B/fwd
B/fwd
B/fwd|**Cost (BV)**
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00|**Additions**
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00|**Dep charge 24/25**
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00|**NBV-24/25**| |---|---|---|---|---|---| ||||||0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00| |||**0.00**|**0.00**|**0.00**|**0.00**|