Registered Charity Number :_ 1199216 PRAYER GARDEN CHURCH a Charitable Incorporated Organisation TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 31 March 2024 PIUYER GARDEN CHURCH 518 GORESBROOK ROAD DAGENHAM jesu5martus@,gm#il.¢om
PRAYER GARDEN CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED J l March 2024 Reference & Administration Details Charity name: PRAYER GARDEN CHURCH Other names charity is known by: PRAYER GARDEN CHURCH DAGENHAM {WORKING NAME) Charity number: 1199216 Charity's operating address- 518 GORESBROOK ROAD DAGENHAM RM9 4XA Telephone number.. 07886195252 Email address.. jesusmartus@gmail.com Names of the Charity Trustees Who Manage the Charity l Rev Varghese Thekkeparumbll Koshy Pastor Shajan Kavunkal Thomas 3 Pastorjoshwa Oonnunny
PRAYER GARDEN CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED J l March 2024 Banks: BARCLAYS & HSBC Independent Examiner: Mr Jaison Varghese Zachariah Vectra Management Consultancy Suite 4, 113A The Old Church Gloucester Road North Filton, Bristol, B534 7PT Structure, Governance & Management Description of the Charity's Trusts Type of Governlng Document: Constitution How the Charity is Constituted: Charitable Incorporated Organisation Trustee Selection Methods: The Trustees are selected in the Annual General Meeting
PAAYER GARDEN to ts Wortd, Lawto ttE Natior Objectives of the Charity: Prayer Garden Church is a charitable incorporated organisation, which abide by the principles and doctrines of the Apostolic church that are rooted in the teachings of Jesus Christ. Our objective is to promote love, joy and peace in the society through promoting biblical values in the community. These are actioned through structured activities that benelit the general public and through helping the young people and children in the community. Artivities of the Charity: The objectives of the charity are achieved through regular Sunday Church services that include various activities such as worship sessions that cater to the both the English and Malayalam speaking communities, teachings from the Bible and the sharing of faith experiences. On a weekly basis we specially hold community focused initiatives such as offering free food and at times giving out clothes and other necessities to those in need. We have also curated care packages that are provided to the less fortunate within the community. Other weekly meetings and gatherings are in place to allow people build social relations and meet new people. We also hold Sunday School for kids from the ages of 3 - 17, in these classes they are taught social and life skills that will help them in their education and further life, we also encourage the children to practice and showcase their creative talents such as music and arts. The Sunday school holds day trips such as to the National History Museum in the summer. Youth in the community are supported through Social meet-ups and zoom calls. There are separate sessions held specifically for women and men in the community, these meetings entail members and invitees gathering to pray, share and counsel each other for their Spiritual and emotional wellbeing, these sessions also encourage communication and leadership skills to be practiced. Established teams within the church such as Pilgrims (Music and worship team) and Media and Production team, offers people the ability to develop their skills in these areas and innovate and grow individually and as a group. The church actively holds larger events such as summer and winter camps, in different locations around the UK allowing people to rest and spend time together helping with mental health. We also held a Sports day, Arts day and Social events in different seasons throughout the year. Pastoral care and coun5elling is provided to the community as needed, with local pastors available to tend to the needs of members. Regular zoom meetings are conducted for different levels of ministers inside and outside the community We also have regular weekly gatherinEs in BriEhton, Southend and NothnEham to cater to the social and spiritual needs of the communities in those areas. Achievements and Performance: The charity and its board members holds regular review meetings to discuss, critique and review the performance of every activity and changes are implemented based on the same to enhance effectiveness and achieve the desired goals. The meetings are aimed at promoting the goals of the charity through continuous feedback and review. Future Developments The church intends to continue with the current activities and also plans to introduce new activities like opening more branches and introducing more social activities like street pastoring etc. T•1: +44 7450 432121 Em•ll: pr•y•rg•rd•n•••ih•m•gm•ll.com Trlnlty C•ntr•. E••t Av•nu• E126SG
PRAYER GARDEN CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED J l March 2024 Financial Review The Gross Income of the Charity for the year is £122,356 and the resources expended are £92,500. The available cash funds at the year-end is £181.379 Statutory Notes to the Accounts Particulars of Any Outstanding Guarantee Given by the CIO The Charity did not receive any grants during the period and does not have any ongoing projects or contracts committed for the future. Therefore, there is no liability arising from any guarantees given by the CIO. Particulars of Any Outstanding Debt The Charity does not have any outstanding debts. Other Optional Information The charity is not recognised by HMRC for Gift Aid.
PRAYER GARDEN CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED J l March 2024 Declaration The Trustees declare that they have approved the Trustees. Report above. Signed on behalf of the Charity's Trustees Slgnature(s}: Full Name{s)". Rev Varghese Thekkeparumbil Koshy Ps Joshwa Oonnunny Position(sl: Chairperson Trustee Date: 31101125 31101125
PRAYER GARDEN CHURCH INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 March 2024 We report on the accounts of the charity for the year ended 31st March 2024. Respective responsibilities of Trustees and Examiner: The charity's trustees are responsible for the preparation of the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 43121 of the Charities Act 1993 (the Act) and that an independent examination is needed. It is our responsibility to examine the accounts (under section 4313llal of the 1993 Actl, to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 4317llbl of the Act), and to state whether particular matters have come to our attention. Basis of independent examiner's report: Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeking explanations from the Trustees concerning any suth matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statements below. Independent examinerfs statement: In connection with our examination, no matter has come to our attention.. which gives us reasonable cause to believe that, in any material aspect, the requirements to keep accounting records in accordance with section 41 of the 1993 Act,. and to prepare accounts which record with the accounting records and to comply with the accounting records of the 1193 Act have not been met,. or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Jaison Varghese Zachariah Vectra Management Consultancy Date= 3110112025
PRAYER GARDEN CHURCH RECEIPT AND PAYMENT FOR THE YEAR ENDED J l March 2024 Categories Unre$tri¢ted funds Restri¢ted funds Endow'ment funds Total funds year Receipts Donation and gifts 12.200.00 12,200.00 11,710.60 Offering Other 23,089.79 23,089.79 24,681.27 810.47 810.47 878.44 Tithe 86.255.61 86,255.61 58,220.20 Sub total(Gross incorne for AR) 122,355.87 122.355.87 95,490.51 Total receipts 122,355.87 122,355.87 95,490.51 Payments Refreshrnents 1,204.00 1,204.00 604.00 Software & IT 740.00 740.00 Honorarium to Guest Pastors 3,150.00 3,150.00 600.00 Events I Conferences 7,840.00 7,840.00 5,903.00 Cleaning loo.00 Travel Expense 2,500.00 2,500.00 Rent collection. property repairs and maintenance charges 27,592.64 27,592.64 11.451.00 Charity managernent & administartio 65.60 65.60 Charity running cost 931.64 Cost of services 387.91 387.91 Equipments Allowance to Church Minister 4,967.47 4,967.47 2,704.73 41,000.00 41,000.00 22,800.00 Sub total 89.447.62 89,447.62 45,094.37 Asset and investment purchases
PRAYER GARDEN CHURCH RECEIPT AND PAYMENT FOR THE YEAR ENDED J l March 2024 Plant & Machinery - Additions - Cost 3,052.05 3,052.05 Sub total 3,052.05 3,052.05 Total Pa)ments 92,499.67 92,499.67 45,094.37 Net of re¢eipts/(payments) Cash funds last year end 29,856.20 29,856.20 50,396.14 151,522.65 151.522.65 Cash funds this year end 181,378.85 181.378.85 50,396.14
PRAYER GARDEN CHURCH STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED J l March 2024 Categories Details Unrestricted fund5 Restricted in¢om¢ funds Endowment funds Cash funds Barclays- 83857816 113,600.49 Barclai's - 43145409 11,241.81 Barclays- 93331792 1,746.98 Barclavs- 33622479 20,330.40 HSRC - 52164191 34,459.17 Total Cash Funds 181,378.85 Details Fund to which asset belongs Current value (optional) Cost (optional) Assets retained for the charity's ojvn use Plant & Machinery Unrestricted Funds 3,052.05 The financial statements were approved by the Board on 31-Jan-2025 and signed on its behalf by.. Rev Varghese Thekkeparumbil Koshy Chairperson Ps Joshwa Oonnunny Trnstee io
PRAYER GARDEN CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED J l March 2024 l Accounting Policies 1.1 Aeeounting Policies The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows. 1.2 Basis of preparation These accounts hav¢ b¢en prepared under th¢ histOriLal ¢ost convention, as modifi¢d by th¢ inclusion of eharilable properiies and fixed asset inveslinents and inveslmenl properiies a( valualion. These accounts have been prepared in accordance with "AcLounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their aeeounts in accordance M-.ith the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective l January 2019} - (Charities SORP {FRS 102)), the Financial Reporting SLqndard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest pound. 1.3 Going concern The Trustees have prepared financial projections, taking into consideration the current economic conditions and have. at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of (iLLounting in preP11nr th¢ accuunt5. 2 Income from Donations and Legacies Unrestricted funds Total funds 2024 Total funds 2023 Analysis Donation and gifts Offering Other Tithe 12,200.00 12.200.00 11,710.60 23,089.79 810.47 86,255.61 122.355.87 23,089.79 810.47 86,255.61 122.J55.87 24,681.27 878.44 58,220.20 95,490.51
PRAYER GARDEN CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED J l March 2024 3 Expenditure on Raising Funds Total funds 2024 Total funds 2023 Anal)sis Rent collection. property repairs and maintenance charges Support Costs 27,592.64 11.451.00 4,103.74 31.696.38 1,402.36 12.853.36 4 Expenditure on Charitable Activities Total funds 2024 Total fund5 2023 Analysis Honorarium to Guest Pastors Events I Conferences Chatity manageinent & administartio Charity running cost Cost of services Allowance to Church Minister Support Costs 3.150.00 7,840.00 600.00 5,903.00 65.60 931.64 387.91 41,000.00 22,800.00 4.103.74 56.547.24 1.402.36 31,6i7.00 5 Support Costs Total funds 2024 Total funds 2023 Anal)515 Software & IT Cleaning Travel Expense Equipments 740.00 100.00 2,500.00 4,967.47 8,207.47 2,704.7) 2,804.73 12
PRAYER GARDEN CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED J l March 2024 6 Other Expenditure Unrestricted funds Total funds 2024 Total funds 2023 An#ly$i$ RefTesl]ments 1,204.00 1,204.00 1,204.00 1,204.00 604.00 604.00 7 Tangible Fixed Assets 7.1 Cost or valuation Plant & Machinery At 01 April 2023 Additions J,052.05 Disposals Revaluations Transfers At 31 March 2024 3,052.05 7.2 Amortisation and impairments Plant & Machinery At 01 April 2023 Additions Disposals Revaluations Transfers At 31 March 2024 7.3 Net book value Plant & Machinery At 01 April 2023 At 31 March 2024 3,052.05 13
PRAYER GARDEN CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED J l March 2024 8 Cash at bank and in hand Total funds 2024 Total funds 2023 Barclays- 83857816 Barclays- 43145409 Barclays - 933)1792 Barclays- 33622479 HSBC- 52164191 113.600.49 11.241.81 1,746.98 20,330.40 34.459.17 181.378.85 111,323.93 6,609.62 4,267.78 9,185.86 20.135.46 151,522.65 14
PRAYER GARDEN CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED J l March 2024 9 Charity funds 9.1 Details of material funds held and movements dllring the CURRENT reporting period Fund Fund balances balances brought carried fornard forn'ard Gains Expcnditurc Transfers and losses Fund names Income Unrestrieted funds General Fund 151,522.65 122.355.87 (89,447.62) 184,430.90 Totrdl 151,522.65 122:355.87 (89,447.62) 184.430.90 9.2 Details of material funds held and movements during the PREVIOUS reporting period Fund Fund balanccs balanccs brought Carried forsvard forsvard Gains Expenditure Transfers and losses Income Fund names Unrestricted funds General Fund 101,126.51 95.490.51 (45.094.37} 151,522.65 Total 101,126.51 95.490.51 (45.094.37} 151,522.65 9.3 Transfers between funds This Year Amount Between unrestricted and restricted funds Between endowment and restricted funds Between endowrnent and unrestricted funds Last Year Amount Between unrestricted and restricted funds Between endowrnent and restricted funds Between endow]]ent and unrestricted funds 15