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
1
## **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|
2
## **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
3
## **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|
4
## **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:
1. The provision of facilities for prayer and religious services including pastoral care and counselling;
2. The relief of sickness and financial hardship and the promotion and preservation of good health
3. The advancement of education and the promotion of a healthy and peaceful community
5