Registwed number 12378931 MOUNT SINAI CHURCH Report and Accounts 31 December 2024
MouKr CHURCH Icornwry Limhd by IR•gfjstra¥on nvmbBr. 12J78•311 Ichwty rnAkntr•kn.' 111964n REPORT AWD ACCOUII J1 DecviBER 2014 MOUNTJIKIJ CWRC RERENCE AI4DNDM1STA11vE DETAU FOR THE YEAR EI4DED 31 DEcEMR 2024 ¢omyny Hou•• Crfty R•ghtrt 1199647 Prfn¢lyl W¢•ollx•ln• Str# SEIS6R8 Il•gl•twd oif£• 15$ Rts•J SEIS DI1 k•rn PS Lby 12QG Indynd•ntEx•mb EDm&¢oL*r•
OUNT SINAI CHURCH DIRECTORS. AND TRUSTEES. REPORT The dirgciors and truat••'s presentthw"r rwt t¢4ettvTth th& (c 0ThJ8d 31 D&mb•r 2W24 PRIMCIPALACTMTY AND RESULfJ FOR TrE PERK)0 The ¢h8rtty is constitut8d as a cornpany limit by 9rnrrtee ar¥J Is Ih8refry¥ g0Wj by a mmorarurn and arltd•8 of 8s8oci?bon. The princpal 01 ts ryThpany durfrwJ the to advance the Chrf$bgn ith, lo relief sickn and financol hordship throujh th8 provish ol fuTrJ$. 9$ and 8•rvicas indudiThJ counselling in fv Urthd ngdorn arbJ ts rest ofts Drld Th8 trustees report 8nsure¥ that th& charity w wblidy a¢o)untsble to ts st&k8hob for the stsw8rd8hip and managernont of rt holds trl Their repr provNleB 8 tr and balanc8d r•¥ of th? ¢hantys 8truclur•, ci)Je¢Ow. al PUFPO8eB, fin8ncial pcsits)n. trust rnpts also r•IG the finanual perfom)anc8. It provlde8 r81ovant Infomiabon detailiTrJ activth$ And vern#nts rnported wth tts 80urc48 ol InccTh u8•J lo ttm aThJ tr •ndrture incurr8d on those 4thwb•s. The company is a non-profft makiw LY9anakn fw mainly by donors and it8 memb¥r8 re$ults for Iho p•rlfyJ are gin In th• attath•J aC1xrS. ¢¢mpany dces not have 8 8tr¥re ¢op(. Thp liobilty of it8 tYwrb8rn lknrt•d by gu8ranteo, Any gurplus L% r•tsin8d to lurthw rfs activits8. DIRÉCTORS AND TRUSTEE8 T dir8¢tm who 8•N•J Ju1Vj th& n¢#j oTrJ attm dat• ofth W are.. Sugwry Flguereo Derbi Augwto Contrtrr8s Mi'ia Rob•rt Ronor Fi0LW Jimen Th• tru8teo5 who ••rv•J during p•riod and 8t the date of r•port ." Sugalry Roche8 F180 De1 Augusto Contr8ra8 Mejia Rctsrt Roner FwJuoreo Jim¢M2 All the directors are membws ofthe ¢mpany 8TrJ gu8w•nl•• to ¢xfith"buts a swn not excsillng £10.C(J to tho gssets olth¥ ccfflpany in lh8 event of rt belrrfj up. a$ 8131 Decwnbar 2023, th8re 3 mBmbe METHOD OF API)OINTMEPTh OF OIRECTORS AMD TRUSTEE8 Board rn8mb•rs are nornin8bJ and then olerted at ganaral rneety'ng b8sed on their b0ckgrrd. evrion aTrJ rknnce to churth rninisthes objects"9. Wln 8 vAcancy arBas cffi the board and 8 skill Is Klentified. ncffiinees may th8n be norThnat8d to tho boanl. IrVj1 of new board [rl$ are (ClUt#Od pi)rto ttw) tsking up thè 4rypJ"ntrrnt
MOUNT SINAI CHURCH DIRECTORS. AND TRUSTEES. REPORT ICONTD.) ACHIEVEMENTS The Mount Sinai Church and IVS work have continued to be supported by a growing range of donors, sponsors and frlends for SFwfic proied actNitss. Our expenditure mainty comprises of rent for the pkce ofworship. transport and travelling for instrumentalists on the day of servKe, safe guarding cost and feeding the homeless outreach. The trustees discussed and set up a Welfare fvnd vthich members contribute into for their nefit in tlm8s of need. A lot of members were supported in tim8S of bereavemenL birth. marriage, financial hardships and in Sicknesses. The fvnd is administered by an indep8ndent body wthln the Ministy called Wemare Executlve who provide us wrth regular reports. In 2024, the Ministy embarked upjn helping the slck and Ihe di8thantaged in Workl Evangelical mission. We collected used cb)thes and other items and packaged them to t)ominican Republic. With regards to the next stage of the Charity. the plan is To develop the outreach prcgramme through various advertlslng campaigns in the communty by working wth th81 authonties wfio Can prOVle more infonn8tion that en8ble us lo te effective in the community. For example. youth programme. To develop prayor ¢entres In vari(yts tKKough to me8t the spirltual needs of p80 To work towards a more pemanenl place of worship (our ¢yn premise8) . To broadcast the gospel wDrk*Me, usirtrJ every ele¢tronic devu- TV, Intemet and pnnted materials wth th8 aid of donors and sponsors.
SPAALL COMPANY RULES This report has been prred fft aCcnce lIh the Pari 15 of Companie5 Act 20C6 applicable to ¢ompanin subpct to the leS regime MOUNT SINAI CHURCH Mount Sinai Church has a p)11 of dWw8'rVj the lunding base. This Is to ensure that the tharity has adequate resourcts to cary (Art its goal$. FlnarK¥ checks al balances are in place lo prevent and detect fra 8rvJ any oth•r iryuLwts. The board of dirlor8 and trustees rngubaf Tepcffts to enatAe them to rnor the charitys Incom• and expenditijre acconling to the •arity commissioners nAeB. RESERVES POUCY The Charity C¢)mm188ion rocommerth Ih#t re8ep485 mu8t not 6 Thwthi, of expendrturo. The current balance ol roseeS 1$ than the rec¢)mmended rnnt. However thè trustees are olthe opiruon that level k8 adequate to sustain the charty's opernUon8. 8TATEMEKf OF DIRECTOR'S AND TRU8TEE8' RESPON8IBILmE8 Thè truste08 arn required by law lo prew flnanoal StatW for •a¢h financial year whlch give a true and fair view of tho stslo of affairs of th? ch8nty and of It8 re8uM¥ for Ihot year. In prepan9 those fIna[al statements the truste8s are requlr•d to.. ael•ct ¥ut8ble pdkl85 and tlwn c{Y111,. b) m8ke ludgments and estimate8 that • reaK•ble and swudurt,. 8tste whether the poltoes adopted arn In a¢crythnrgJ accounting Srards, subject to any matsial departures disdo¥ed WKI explalned in the finonaal Statemt8. prepare tM flnan(aai 8m•m C a Wng cofKwn r18 unlestr It i• inopprowlale to assume thal fv charity ¢xnlnue In owrakn: The trustees are res81b1 for keeFing woper accounb'ng records vthich dls¢lo with reasonae accurxy at any tirr*. the finawal pos11b of the tharity and enable them lo ensure that the financial statements compty vAth the Companies Act 1985. They ar• also responsible for gafeguardlng the assets of the thanty aj herte for lakirv4 reasonable steps for the preventb)n and dete¢ty"on of and other ITregulaTitse6. By th• ord•r of th• bo•nl LIL Erika Prisclla Ramirez Benitoz Secr•tary I)101gblfj
Ind•p0ndent•MIn•rf$ rnportto lh• tr#• of
MouKf SIN CHURCH
for the y•ar •nded 310g¢•mb•r 2024
I r•port on the ac¢¢unts oflhe c4xyrty fcf the 31 D•c¢rtw 2023 wp 88t
outonp8ges6to11.
R•po¢ti f••pon•lbllllS•• of IntM• •xamlMr
Tho trustses Iwho arè also the dir•cors of the c4JnVony for thg pu of ¢4Jnpany Wl arn
rasporwblo for th& preparation of lh8 accounts. tntOeS cgxtshler that gn audrt * not wuired
for thg wr und8r 8¢¢b"on 144121 of tha Charitse5 Ao 2011 (the 2011 AL#1 aTrJ that an iTrknN1&nt
•X8rninatth 1$ n8•Jod.
Hj satlsfi&l my8¢11th8ithe thailty 8ubioL to art ¢
MOUNT SINAI CHURCH STATEMENf OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31DECEMBER 2024 2024 Tolal 2023 Total Note INCOMING RESOURCES Voluntary in¢ome HMRC Charitie¥ Investm8nt income 48,473 48,473 23.232 23,217 48,473 48,473 46,449 RESOURCES EXPENDED Fund raislng and publicity Charlt8ble expenditure 42,753 42,753 38,465 Govemance 19,755 19,755 1,759 Total expenditure 62,508 62,508 38,224 NET INCOMING RESOURCES FOR THE YEAR 114,034) {14.034) 8,225 Bal•nc• brought forward 16.254 18,254 8,029 2,220 2.220 16.254
MouKr SINAI CHURCH BALANCE SHEET AS AT 31 D8c•mb•r 2024 2024 2023 TANGIBLE FIXED ASSETS 128 CURRENT A88ET8 Bank and cash balance5iprepfrnts 16,676 CREDITORS: Amounts falllng du• whhln on• yoar 700 550 2.156 16.126 2.220 18,254 FUNDS: Restrfclad Unrestricted 2,220 16,254 2,220 18,254 The director8 are satisfied that the company 1$ ent.tled to exernptK from the requirement to obtain an audit under section 477 of the Companies 2CQ6 and that the member has not quired the company to obtain an audit in accordance Ythh seclb)n 476 of th8 Aci The directors acknowlwjge their wponsibilities for coMpn9 with th8 requirements of the Companies Act 2006 ¥ respect to a¢Anty'n9 rewrds and the preparalh)n of a¢¢ounts. The a¢¢ounts have been prepared in aCcOrdaTr wilh the provi8ion$ in Part 15 of the Companies Act 20C6 applicabh to compani8s subj'ect to ts small companies rtyime. o¢he$ Figuereo Dlrector
MOUNT SINAI CHURCH NOTES TO THE ACCOUNT8. 31 DOGtsr 2024 1. ACCOUNTING POLICY These accounts have been prepared under the historThl cost ¢onvention and . oceofflance wilh awicable accountbrKJ standaffls and thè Charities SORP. DEPRECIATION Depreciation of tangibbo fixed assets w0vid on the straight Iln8 bas over thg •xpeclgd us8ful lives of Ihe assets as folbNs'. Furniture and OlfK8 Equvpmont ork COBI Fixed assets financed by grants are wrftten off to St8lwngnt d FInal Activiti in lino wf(h the aG¢ounting policy of the rdated grant. RESOURCES EXPENDED Resources exp8nded are recognis•d in the perbd in whKh they aro IncUed. Resour( expénded include attributable VAT Vthh cannci bg remred. Resources exponded 8re allocated to th8 particular 8ctivty where the c08t relat68 dir•* to that activty. However, tho cost of overall dire¢tion and sdministrntion of uch activlty. compn81ng the 8818ry and ov8rhe8d costs of th8 cwrtral function 18 apwrts.oned on the following basi8 whith are an estimate, bwd on staff time. of tho affunt attn'butabla to 9o¢h acts'vty. Goveman¢e 100% Management and admini8tration c08ts indude the manaym•nt ofthe organi881ional management and conyliance with ¢onstitiJtional and statukny roquiiem•nts. UNRESTRICTED FUNDS Th88e are donations and other in¢cthing re8ourc48 recwved or generated for the oty.ects of the ¢h8rtty. 2. VOLUNTARY INCOIIIE 2024 Re8trictod uN••tr Total 2023 Total Offering8 Deposit Fund HMRC ch8riti88 48,473 48.473 23,232 23,217 48.473 48.473 46.449 3. INVESTMENTS INCOME Bank interest received
MOUNT SINAI CHURCH NOTES TO THE Accoupifs- 31 D¢cembor 2024 2024 2023 Total 4. RESOURCES EXPENDED Fund rnlfi9 and publklty Advertising Charltsble exp•ndltur• Pastors expenses- Benevolent donations Rent & Hire of Hall Volunteers & Musicians Expenses Sunday worship & deccTrtion expen Preaching feeB 4,244 4.244 36.900 1,920 34,428 1,609 1,609 119 42,753 42,753 36,465 Govornane• Books & Other expenses lnf0mi8tn, Advert. & Subscripbon COV Kit Equipment exp¢n8ed Postage, Ststionery & Tel. expenses Church Safe Guarding & Ins. Cost Travel Cost Bank charges Accountsncy and independent examination Depreciation Refreshment Repairs & Maintenance 9,477 9,477 409 127 145 128 4,207 42 550 145 126 4,207 42 550 15 49 550 84 4,585 4,585 19.755 19,755 1,759
10 MOUNT SINAI CHURCH NOTES TO THE ACCOUNTS - 31 Decembor 2024 5. TANGIBLE FIXED ASSErs Equipment COST As at 1 January 2023 Addits'ons 320 As at 31 Dernber 2024 320 DEPRECIATION Balance brought forward Charge for the Pefitr 192 Balance carried fopward 258 NET BOOK VALUE A• at 01 January 2024 A* at 31 O•c•mb•r 2023 128 2024 2023 6. CREDITORS: Amounts falllng du• wmhln on• y•ar Accrual8 700 550
11 OUNT SINAI CHURCH NOTES TO THE ACCOUNTS - 31 Decembw 2024 7. FUNDS 0110112024 Recelpts Payments 3111212024 RESTRICTED UNRESTRICTED 8. ANALYSIS OF FUND BALANCES Restric Unrestricted Total 2024 2023 128 16,678 50 Tangible Fixed Assets Current Awts Credrtors 2,856 2,856 700 220