REGISTERED CHARITY NUMBER: 1196717 Unaudited Financlal Statements for the year ended 31 December 2024 Sacred Africa Ministries Nid(lin Accountancy serv15 limited Church Court Stourbridge Road Halesowen West Molands B633
Sacred Afrka Mlnlstrles Contents of the Financial Statements for the year ended 31 December 2024 Page Report ofthe TNstees I to 2 Indewdent Examiner's Rewrt Statement of Flnancla1 Acuvities Balance Sheet Notes lo the Financial Ststements 6 to 9 Detailed StatemeTht of Financial Aclwities Jo
Sacred Afrka m1n1strS Rewrt of the Trustees for the year endth 31 December 2024 The trLSStees present thdr report wllh the flnanclal statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accountlng and Reportlng by Charltles,, Statement of Recommended Prattice applicable to chèrlties preparlng their accounts in accordance wlth the Flnanclal RepK)rting Standard apdicable In the UK and Republic of Ireland IFRS 102) leffettive l January 2019), OBJECTIVES AND ACTIVITI£S ObSectlves and alms The objectives ol the CIO a, foi the public benefrt.. to advance the Christian faith In such parts of the Unlted Klngdorn and the world a5 the Charity Tru51ees rnay from tlme to time declde and the relief of persons who are In need by reason of Iheir111-health, unemployment, financial hardshlp and such other economic or social disadvantsge. We supwrt the NHS via the University H05Pitals Birmingham which comprises of 4 hosPlta15 by making regular f( and tolletry donatlons, Wo also SUPPK)rt Levs Fecd 8rum by pn)vldlng volunteers lo go out and distribute fo and toiletries to the Iiomeless. We support the PDSA by collecting anil donating clothes and performing sponsored Wal to raise funds to supwrt the PDSA. Public benefit The trust5 have had due regard to Charfty Commlssion ouldance on public benefit. ACHIEVEMENT AND PERFORMANCE Charitable activities The congregatK>n regularly donates goods to the value of approxiFnalely £30 per person amountlng to the value of approxlmately £200 per Quarter. We have provided extensive toiletries also tea, coffee, biscuits, and light food Items to the unersity Hospltals Biimingham, allowin9 them to proiqde drlnks and blscuits lo th staff and vi511ors. Sacred Afrlca Mlnistries are alg) involved in working akngside 'Lets Feed Brum. In suprK)rUng the homekss by volunteerino our servi5 and distributing fc>od and drink to the homeless. PDSA have beneflted by the sale or the clolhiog that we donate to them tts the value or £41K) based on welght per bag to LKK)St thelr funds. We a150 have supported by sponsored walks, the proceeits of which have been donated to the PDSA dlreclty. FINANCIAL REVIEW Flnancial position The financial position ol the charity is detail on page 4. Reserves pollcy There are no outstandlng debtg or flnanclal challenges. The ChaHty reseNes finances to cover 3 months expendlture which amounts to E4,500. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity 15 Control by tis governlng document, Its constitution as a Charitable IncorFNxated Trganlsalion, dated 22 November 2021. Recruitment and zppointmertt of new trustees Every Charty Trustee must be appolnted by a resoludon passed at a properly convened n)eellng of the Splrilual Leadership. In selecting Indivlduals lor appolntment as Charity Trustees, the existing Charity Trustees the Splritual Leadershlp must have gard to the skills, tho¥vIge and experience needed for the effectNe adminlstratlon of the CIO. All Chartty Trustees must subscribe and adhere to, In belief and lif&We, the Statement of Fa%th. Page I
Sacred Afiica Ministries Report of the Trustees for the year ended 31 December 2024 STRucfuRE, GOVERNANCE AND MANAGEMEflT Organlsatlonèl st¥ucture Saued Africa ministn.es Is adminlstered by a Church Committee of the Officers and not more than five other members elerted at the Group s Annual General Meeting (AGM), The Offiteis of the Church Commlttee con551 of.. Chairperson, Mce Chair, Treasurer & Church Secretsry The Churth Committee shall meet at least two times a year. The Chalrperson sh311 Chalr all meeungs of the Church C¢Ynmlttee, The quorum for Church Committee meeiings 4)all be five members. Votlng at Church Committee meetlngs shall be by show of hands. If there Is a tied vote, then the Chdlrperson sh311 have a second vole. The Churth Committee may by a tsvo-thiFd5 maioTtty vole for a goDd and proper re89)n to remove èny Commitlee memberi prOded thal person has the rlghl to be heard before a final decision is made. The Churth Commlttee may appolnt another membw of the Group as a Commlitee member to fill a vacancy prowded the maximum numbw Is not exceeded, RtFERENCE AND ADMINISTRATIVE DFfAILS Reglstered Charlty numbor 1196717 Prlnclpal addres5 12 GTaham Road Halesowen West Mldlanijs B62 BL] Trusts•s S Abraham I Watson A Samuej S Wellington M Abraham Independent ExamSner Nicklin Accountancy SeTrvkes mIted Church Court stourbdge Road Halesowen West MidlarKis B633 Approved by order OF the board of trustees on 15 July 2025 and gned on its behalf by.. gJAvM S AbrÈham- Trustee Paae 2
Independent Examlner's Rewrt to the TruSe$ of Sacred Afrlca Mlnlst¥ies Independent examiner's report to the trustees of Sacred Afrlca Mlnistrle5 l port to the charity trusteeg on my exarnlnatn of the accounts of *cred Africa MSnlstrles (the Trust) for the year ended 31 December 2024. Responsibilities and basis of report As the charily trustees of the Trust you are reswnsible for the preparallon of the accounts In accordance with the requlrements of the Charities Act 2011 ('the Act'}. I report in respect of my examination ol the Trust's accounts ca¥fied out under Secllon 145 01 the Act and in [ryIng Out my examlnatlon I have followed all appllcatAè DIrecOn$ given by the Cha¥ity Coffltni5slon under Section 14515llbl of the Act, Independent examlney's statement I have complcled rny exarnination. I confirm that no material fflatters have come to my attention in connectlon with the examlnalion giving ffle tauge to belleve that In any matertal respect.. accounting records were not kept In rpect of the Trust ag requlred by Secdon 130 of the Act,. or the accounts do accord wlth those records,. or the accounts do not comply with the èpplicaLle requirements concerning the form and content of accounts set out In the Charrfcies (Accounts and Reports) Regulation5 2008 other Ihan any requlrement that the accounts glve a true and fair view which Is not a matte¥ consldered as part of an Independent examination. I have no concerns aTrd have come across no other matters In ¢onnecllon wlth the examination to whlch attentlon should e drawn in this retKsrt In order to enable a proper understanding of the accounts to be reached. Mark Ho Nlcklin Accountancy Seces Llmited Church Court Stourbrldge Road Halesowen West Midlands B63 3rr Date.. Page 3
Sacred Afiica minist1$ Statement FinaTtcial Activities for the year ended 31 December 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacie5 30,387 35,501 Investment income 1,731 1,208 Total 32,118 36,709 EXPENDITURE ON Charktable activitles Donations Charitsble activities 183 9,460 16,699 Total 16,699 9,643 NET INCOME 15,419 27,066 RECONCILIATION OF FUNDS Total funds brought fotward 120,428 93,362 TOTAL FUNDS CARRIED FORWARD 135,847 120,428 The notes form part of these financlal statements Page 4
Sacred Afrlca Mlnlstrles ealance Sheet 31 December 2024 2024 Unrestricted fund 2023 To1 funds Notes CURRENT ASsS Cash at bank 136,783 120,428 CREDITORS Aniounts falling due within one year 1936) NET CURRENT ASSETS 135,847 120,428 TOTAL ASSETS LESS CURRENT LIABILITIES 135,847 120,428 NET ASSETS 135,847 12D,428 FUNDS Unrestricted funds 135,847 12Q.428 TOTAL FUNDS 135,847 120,428 The financlal stètements were approved by the Board of Trustees and authorised lor Issue on 15 July 2025 and were signed Ils behalf by-. S Abraham- Trustee The notes lor(n part of these finandal statements Page 5
Sacred Afrlca Mini5trtes Notes to the Financlal Statements for the year ended 31 December 2024 ACCOUNTING POLxcies Basis of preparlng the financial statements The lifiBncial siatemenls of the charity, whSch Is a publlc benefit entity under FRS 102, have Leen prepared in accordance wlth the Charities SORP IFRS 1021 'Accountlng and Reporting by Charities.. Statement of Recommended Practie applicable to charities preparing their accounts In accordance wilh the Flnanclal RertIng standard applicable in the UK and Republic of Ireland IFRS 102) (ellective l January 2019),, Flnancial RcpK)rtlng Stsndard 102 The Financial Rewrting Standard app11cable in the UK and Republic of fre14nd' and the Charities Act 2011. The flnancial statements have tEen prepared under the historical c05t convention. Income All Income is recognised in the Statement of Flnanclal Acttvities once the charity has enutlement to the funds, il is probable that the income will received and the amount can LE measured reliably, Expendlture LIalIe5 are ognIsed as expenditure as 5wn as there Is a legal or constructive obligation committing the chanty to that expenditure, il is probable that a transfer of economic benefits will be rEqUid In settlement and the amount of the obligation tan be measured rellabtyt. Expenditure is accounted for on an accrua15 basis and has b&n ClaSfled under headings that aggregate all cost related to the category. Where costs nn0t be direcuy attrlbuted to paCUlar headings they hove been allOted to activities on a baS conslstent with the use of resources. Grants offered subject to conditltsns whlch have not been met at the year end date are noted as a commitment but not accrued as expendItu. Taxation The charity Is exempt from tax on its charltatAe actiwtie5. Fund accounting Unregtricted funds can be used ITr 4ccordance wilh the charitable objettwes at the dlscretk)n ol the trustees. RestrKted funds Ca onEy be used for particular resthcled purwses Wlthln the objects ol the charity. Reslrlclknns rtse when specified by the donor or when funds are raised lor particular restrttted purposes, Further explanatk>n of the nature and purpose of each fund is included In the notes to the finarscial statements. INVE5TMENTINCOME 2024 2023 DeFQSit account Interest Interest ¥eceivable 1,731 1,207 1,731 1,208 CHAIUTABLE ACTIVITIES COSTS Independent examinei's fees charged were £1,08612023'. £140). TRUSTEES, REMUNERATION AND BENEFITS There were nD Iruste5' remuneratlon or other bÈneflts for the year ended 31 December 2024 nor for the year ended 31 December 2023. Page 6 contlnued...
Sacred AfrKa Mlnistrie5 Notes to the Financlal Statements- continued for the year endd 31 Decetnber 2024 TRUSTEES, REMUNERATION AND BENEFITS- continued Trustses, expense5 In the year to 31 DeCemr 2024, there we trustees. expenses pald amountlng to £1,280. In the year to 31 December 2023, there were no tru5t&s' expenses paid. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted fund INCOME AND ENDOWMENTS FROM DoAabong and legacles 35,501 Investment Income 1,208 Totsl 36,709 EXPENDITURE ON Charitable actlvitles Donations CharitatAe acuvltles 183 9,460 Total 9,643 NET JNCOME 27,066 RECONCILIATION OF FUNDS Total funds brought fonvard 93,362 TOTAL FUNDS CARFUED FORWARLI 120,428 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other creditors 936 MOVEMENT IN FUNDS Net movement In (unds At 31.12.24 At 1.1.24 Unrestrlctsd funds General fund 120,428 15,419 135,847 TOTAL FUNDS 120,428 15,419 135,847 Page ? continued.
Sacred Africa NllllslrEs Notes lo the Flnanclal 51atements- conllnued for the year ended 31 tkcember 2024 MOVEMENT IN FUNDS- contlnued Net movetnent In funds, Included In the above are as follows.. Incornin9 reurCeS Resources expended Ntsvement In fund5 Unrestyirted funds General fund 32,118 Il6,699} 15,4J9 TOTAL FUNDS 32,118 {16,699) IS,419 Comparatives for movement in funds Net movement in funds At 31.12.23 At 1.1.23 Unrestricted funds General fund 93,362 27,066 120,428 TOTAL FUNDS 93,362 27,066 120,428 coMratIVe net movanent in lunds, included in the ai))ve are a5 follows.. Incoming resources Resour5 expended Movetnent ill funds Unrestricted funds General lund 36,709 19,643) 27,066 TOTAL FUNDS 36,709 19,643) 27,066 A current yeai 12 months and prior year 12 months combined positK)n Is as follows: Net movefflenl in funds At 31.12.24 At 1.1.23 Unrestrlcted funds General fund 93,362 42,485 135,847 TOTAL FUNDS 93,362 42,485 135,847 Page 8 contlnued...
Sacrth Afrka Minlstrfes Note5 to the Flnanclal Statements continued for the year ended 31 t)ecember 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months comblned net rnovernelll In fnds, Included in the ave are as follows.. Incoming resource5 Rex>urc expended Movement in funds Unrestricted funds General fund 68,827 126,342) 42,485 TOTAL FUNDS 68,827 (26,342) 42,485 RELATED PARTY DISCLOSURES There were no related party tramCtIOnS for the year ended 31 Dettmber 2024. Page 9
Sacred Afrta Mlnlstrtes Detailed Statement ol Flnanclal Actiiqlies for the yeor ended 31 Decembe¥ 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations Gift ald 29,832 555 34,750 751 30,387 35,501 Investment Income Deposlt account interest Interest receivable 1,731 1,207 1,731 1,208 Total incoming resources 32,118 36,709 EXPENDIYURE Charitable Jctivities Insuran Postage and stauonery Sundries Computer expenses Travel & subsistence Muslc instruments Room hire Church outings and acliwties Grants to Individuals 284 13 2,228 303 9,162 1,058 1,590 975 187 560 372 1,993 1,805 2,690 1,713 183 15,613 9,503 Support costs Governance costs Independenl examiner'5 fees 1,086 140 Total resourTr5 expended 16,699 9,643 Net income 15,419 27,066 Thls page does not form part of the statutory financial ststements Page to