Charity Number: 1197370
WISESEED MINISTRIES
Report of the Trustee and Financial Report For the year ended
31 August 2025
Report of the Trustee For the year ended 31 August 2025
Wiseseed Ministries
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 August 2025. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and Aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity WISESEED MINISTIRES
Charity registration number 1197370
Principal address c/o The Academy of Woodlands Woodland Road Gillingham ME7 2DU
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Rev. Eric Boateng Abigail Okyere Asumadu Betsy Nancy Mannah
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 30 June 2026
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Wiseseed Ministries
Statement of Financial Activities For the year ended 31 August 2025
| Notes Income and endowments from: Donations and legacies Total Expenditure on: Rasing funds 2 Charitable activities Total Net Income/deficit Reconciliation of funds Total brought forward Total funds carried forward |
Unrestricted funds £ 890 890 3,600 0 3,600 (2,710) 100 (2,610) |
2024 £ 100 |
|---|---|---|
| 100 0 0 |
||
| 0 | ||
| 100 100 |
||
| 100 |
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Wiseseed Ministries
Statement of financial Position
As at 31 August 2025
| Fixed Asset Tangible Assets Current Assets Cash at bank and in hand Net current assets Total assets less current liabilities Net Assets The funds of the Charity Unrestricted Income funds 3 |
Unrestricted Funds £ - 110 110 (2,720) (2,610) (2,610) |
2025 £ - 100 |
|---|---|---|
| 100 | ||
| 100 | ||
| 100 | ||
| 100 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Abigail Okyere Asumadu Trustee
30 June 2026
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Wiseseed Ministries
Notes to the Financial Statements For the year ended 31 August 2025
1. Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. Fountain Gate Chapel (Harlow) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
| 2. Cost of Rasing funds Donations Support Cost Rent 3. Movement of funds Unrestricted Funds Unrestricted Funds Previous Year |
Unrestricted Funds 2025 £ £ 2026 2025 890 100 (3,600) 0 (3,600) 0 Balance at Incoming Outgoing Balance at 01/09/2024 Resources resources 28/02/2026 £ £ £ £ 100 890 -3,010 -2,710 100 890 -3,010 -2,710 As at Incoming Outgoing As at 01/03/2024 Resources resources 28/02/2025 62,141 147,547 -83,615 126,073 62,141 147,547 -83,615 126,073 |
Unrestricted Funds £ 2026 890 (3,600) |
2025 £ 2025 100 0 |
|---|---|---|---|
| (3,600) | 0 |
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Wiseseed Ministries
| 4. Particulars of Employees Staff |
2025 2024 0 0 |
|---|---|
| 0 0 |
Purpose of unrestricted Funds
General
-
To advance the Christian faith (in accordance with the statement of beliefs) in such ways as the trustees shall think fit, including:
-
The provision of facilities for prayer and religious services including pastoral care and counselling;
-
The relief of sickness and financial hardship and the promotion and preservation of good health
-
The advancement of education and the promotion of a healthy and peaceful community
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