REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
FOR
CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
| Page | |
|---|---|
| Legal and Administrative Information | 3 |
| Report of the Trustees | 4 to 5 |
| Independent Examiners' Report | 6 |
| Income and Expenditure Account | 7 |
| Notes to the Financial Statements | 8 |
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CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEES:
- Revd. Cyprian Chim Ihediwa 2. Revd. Nkemnelem E. Ihediwa 3. Mr Gregory Patrick Udeh 4. Dr Martins U. I. Ihediwa 5. Mrs Goodness Adaeze U. Ohanusi 6. Mr Godwin Onyekachi Egejuru
SECRETARY: Mr Gregory Patrick Udeh
REGISTERED OFFICE: 32 Raphael Road,
Gravesend, Kent DA12 2PW, United Kingdom.
Charity Regn. No: 1200060 (England and Wales)
ACCOUNTANTS:
PEGASUS CONSULTANTS(UK) ACCOUNTANTS AND MANAGEMENT CONSULTANTS 13E GRENFELL ROAD MITCHAM SURREY CR4 2BZ
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CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
HISTORY, OBJECTIVES AND ACTIVITIES OF THE CHARITY
The charity was registered at the Charities Commission on 15 August 2022, with charity registration number 1200060.
We are a religious charity that provides spiritual, physical and physiological support through the Word of God.
We feed the hungry and cloth the naked among us through our hospitality mission. We support families and the disabled people in various issues.
We offer free counselling for issues relating to depression, drug/alcohol abuse, pre-marital/marital, and family breakdown.
We mentor and disciple leaders etc.
The objectives of the charity include the propagation of Christianity through:
(a) Regular church services conducted by the senior pastor.
(b) Biblical Studies.
(c) Theological Education.
(d) Evangelical Training.
(e) Christian Seminars and Symposium.
(f) Publication and distribution of Christian books, CDs and tapes.
(g) Charitable and Community Outreach Initiatives.
MANAGEMENT AND GOVERNANCE ARRANGEMENTS
The Board of Trustees constitutes the management committee, which meets within 4-8 weeks intervals, and has the responsibility for the running of the charity; and for the overall management of projects.
Trustees, of whom there must be at least three, are appointed for a term of three years, after which period they may be reappointed.
In selecting persons to be appointed as trustees, the charity takes into account the benefits of appointing those who, through commitment to the stated objectives of the charity, occupation, and personal or professional qualifications, would be able to make a contribution to the pursuit of the objectives or management of the organization.
FUTURE PLANS
The trustees' priorities for 2023/2024 remain as detailed below:
(a) To secure funding for the continued propagation of our core objectives; and to diversify the range of activities provided; and
(b) To continue to seek funding for improving the facilities we offer.
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CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
REPORT OF THE TRUSTEES (continued)
FOR THE YEAR ENDED 31 MARCH 2023
STATEMENT OF TRUSTEES' RESPONSIBILITIES
Charities Commission law requires the trustees to prepare financial statements for each financial year, which show a true and fair view of the state of the affairs of the charity, and its finacial activities for that period.
In preparing those financial statements, the trustees are required to:
(a) Select suitable accounting policies and then apply them consistently;
(b) Make judgements and estimates that are reasonable and prudent;
© State whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements;
(d) Prepare the financial statements on the going concern basis, unless it is inappropriate to assume that the organization will continue on that basis.
The truastees are responsible for keeping proper accountingn records which disclose, with reasonable accuracy at any time, the financial positiion of the charity; and to enable them to ensure that the financial statements comply with the Charities Commission Act 1993 (the Act) . They are also responsible for safeguarding the assets of the organization and, for taking reasonable steps for the prevention and detection of fraud and other irregularities.
INDEPENDENT EXAMINERS
A resolution to appoint Pegasus Consultants(UK) as Independent Examiners for the charity was proposed and passed at the Annual General Meeting.
Approved by the Trustees on 30 April, 2024, and signed on their behalf by Revd. Cyprian Chim Ihediwa.
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CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
INDEPENDENT EXAMINERS' REPORT
TO THE TRUSTEES OF CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
FOR THE YEAR ENDED 31 MARCH 2023
We report on the financial statements of the charity for the year ended 31 March 2023, which are set out on pages 7 to 8.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE EXAMINERS
The charity's trustees are responsibe for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year under section 43 (2) of the Charities Act 1993 (the Act); and that an independent examination is needed.
It is our responsibility to: Examine the accounts (under section 43 of the Act).
To follow the procedures laid down in the general Directions given by the Charities Commission (under section 43(7) (b) of the Act.
To state whether particular matters have come to our attention.
BASIS OF INDEPENDENT EXAMINERS' REPORT
Our examination was carried out in accordance with the General Directions given by the Charities Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the finacial statements presented with those records.
It also includes consideration of any unusual items or disclosures in the finacial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a audit and, consequently, no opinion is given as to whether the financial statements present a true and fair view; and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINERS' STATEMENT
In connection with our examination, no matter has come to our attention:
(1) Which give us reasonable cause to believe that, in any material respect, the requirements:
-
To keep proper accounting records in accordance with section 41 of the Act; and
-
To prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met;
(2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Signed…............................................. Date….............................................
Gregory Patrick Udeh, B.Sc. (Hons), AFA, FFTA, MPA, ACCA(PQ), RMN Managing Consultant, Pegasus Consultants(UK), Accountants and Managing Consultants, 13E Grenfell Road, Mitcham, Surrey CR4 2BZ.
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CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
| TURNOVER 2 Miscellaneous Income 3 Less: Net Operating Expenses 4 Operating Surplus |
4770 |
|---|---|
| 4770 -4263 |
|
| 507 |
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CHRIST IDENTITY MINISTRIES (UK) INTERNATIONAL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES
Accounting Convention
The Financial Statements have been prepared under the historical cost convention.
Financial Reporting Standards Number 1
Exemption has been taken from preparing a Cash Flow Statement on the grounds that the Company qualifies as a small company.
Turnover
Turnover represents invoiced receipts from the sale of goods and services provided, which fall within the company's ordinary activities, stated net of value added tax.
2. TURNOVER
The Turnover and the Income and Expenditure Account for the period are attributable to the principal principal activities of the charity highlighted in the Director's Report.
3. MISCELLANEOUS INCOME
Miscellaneous Income received include the following:
| Tithes Offerings |
£ 1905 2865 |
|---|---|
| 4770 |
4. OPERATING EXPENSES
Operating expenditure comprise the following:
| Hall Hire Charges Materials and Conssumables Heating and Lighting Printing, Postage and Stationery Telephone and Faxes |
£ 2340 695 707 285 236 |
|---|---|
| 4263 |
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