OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-06-18-accounts

Grace of Mercy Prayer Mountain

Report and Accounts

18 June 2023

The Charity Registration Number is : 1200902

Grace of Mercy Prayer Mountain

Report and accounts for the year ended 18 June 2023

Contents

Page
Charity information 1
Trustees' Annual Report 1
Statement of directors' responsibilities 5
Independent Accountant's Report 6
Funds Statements:-
Statement of Financial Activities 8
Movements in funds 9
Fixed Asset funds 8
Income and Expenditure account 9
Summary of funds 9
Balance sheet 10
Notes to the accounts 11

Grace of Mercy Prayer Mountain

Trustees' Annual Report for the year ended 18 June 2023

The Trustees present their Report and Accounts for the year ended 18 June 2023.

Reference and administrative details

The charity name.

The legal name of the charity is:- Grace of Mercy Prayer Mountain.

The charity is also known by its operating name, CAC Grace of Mercy MountainnInternational (GMPM).

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1200902.

.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as an unincorporated charity, established by a written constitution. The governing document of the charity is the written constitution approved by the members and endorsed by the Charity Commission in England & Wales (CCEW) . The governing document is dated 18 June 2020 There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

The trustees are all individuals

The principal operating address, telephone number, email and web addresses of the charity

206 Wheatley Hall Road Doncaster, DN2 4NA Telephone: 07411222251

Email Address: ggpeuchapter@gmail.com

Webaddress: gmpmukeu.org

The charity purses its objectives by operation of a centre for christian worship at D'Wills CentreSelina Lne RM8 1QH Dagenham

The Trustees in office on the date the report was approved were:-

Oluwatoyin Akande Yetunde Elebuibon Olufolake Adeoye

The following persons served as Trustees during the year ended 18 June 2023 :-

The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.

1

Grace of Mercy Prayer Mountain

Trustees' Annual Report for the year ended 18 June 2023

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

1) To advance the christian faith in Doncaster and surrounding area for the benefit of the public mainly but note exclusive through the provision of a place of worship, religious education, bible discussion, vocational training and to provide pastorial care for the community 2) The relief of poverty worldwide

The main activities undertaken during the year to further the charity's purpose for the public benefit.

The trustees are pleased to report that the church continued to be successful spiritually by ministring to many people in prayer and welfare. The church has improved in membership strenght and is increasingly reaching out t the community

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

The charity's strategies for achieving its aims and objectives in the future.

Grace of Mercy Prayer Mountain has been carrying out activities that advanced the Christian faith in Doncaster and surrounding area for the benefit of the public mainly but not exclusively through the provision of a place of worship, religious education, Bible discussion, vocational training and provides pastoral care for the community. We added a place of worship in Dagenham where we perform activities that brings the community together. Our church worship centres are available to all during our opening hours. We welcome people of all races, ages, gender into our centres. We provide free internet access to support people with the cost-of-living crisis. The recipient of this support are not members of our church but people referred to us by organisations. We provide food for food banks as well as hygiene products to alleviate poverty.

The contribution of volunteers during the year.

The church is grateful for the commitment and efforts of its volunteers who are involved in services provision

Grant making policies and how these contributed to the achievement of the charity's aims and objectives during the year.

The church also provides support to members of the congregation (at the discretion of the trustees) who are in need.

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

Trustees are selected through an application and interviewing process. All shortlisted applicants must fulfil the criteria laid down by the charity commission and understand our policy and uphold our values. Trustees are interviewed by experience trustees and elders of the church and apointments is based on

2

Grace of Mercy Prayer Mountain

Trustees' Annual Report for the year ended 18 June 2023

3) Availability to attend meetings

The policies and procedures for the induction and training of trustees.

New trustees are elected on the basis of the contribution that they will make to the governance of the organisation and the skills that they will contribute. They are provided with copies of the Charity Commission's guidance and given an introduction to the activities of the charity by the existing board

The charity's organisational structure.

The church is organised so that the trustees meet regularly to manage its affairs . The Pastor in charge manages the day to day administration of the church

How the charity makes decisions and how decisions are delegated.

The board of trustees is headed by a Chairman, the Secretary to the trust and a Financial administrator. All the present employees of the charity are voluntary workers. The trustees are responsible for making all decisions regarding allocation of fund and activities.

The charity as a part of a wider network.

Grace of Mercy Prayer Mountain is a branch of the Christ Apostolic Church (CAC) founded by the Lord through Prophet Sam Olu Alo

The trustees' bankers and advisors

Bankers Lloyds Bank Plc

Accountants Datakap Bookkeepers & Accountants 147 Caxton Close Hartley DA3 7DP

Financial review

The charity's financial position at the end of the year ended 18 June 2023

The financial position of the charity at 18 June 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Total Unrestricted Funds
Total Funds
Unrestricted Revenue Funds available for
the general purposes of the charity
Net income		 2023
£
385
385
385
385		 2022
£
-
-
-
-

3

Grace of Mercy Prayer Mountain

Trustees' Annual Report for the year ended 18 June 2023

Financial review of the position at the reporting date, 18 June 2023 .

During the year, income of £75,405 which was received as voluntary donations . The net movement in funds for the period, as shown in the statement of financial activities, for the period was £385. The value of Grace of Mercy Prayer Mountain net assets as at 17 June 2023 is £724

Details of The Independent Examiner

Oludolapo Kukoyi

Member of Institute of accountants & bookkeepers

147 Caxton Close Hartley Kent DA3 7DP

4

Grace of Mercy Prayer Mountain

Trustees' Annual Report for the year ended 18 June 2023

Statement of Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .

In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

This report was approved by the board of trustees on 6 June 2024.

Yetunde Elebuibon Trustee

5

Grace of Mercy Prayer Mountain

Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 18 June 2023

I report to the Trustees on my examination of the financial statements of the charity on pages 8 to 17 for the year ended 18 June 2023 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) adapted to meet the needs of unincorporated organisations, as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 11.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 5, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

6

Grace of Mercy Prayer Mountain

Independent Examiner's Statement, Report and Opinion

Attention is drawn to the accounting policy stating that, notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, and in order to accord with current best practice, the Trustees have determined to prepare the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), . I concur with this approach, and any references in my report to the regulations should be read subject to this comment.

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Oludolapo Kukoyi - Independent Examiner

Accountant 147 Caxton Close Hartley Kent DA3 7DP

This report was signed on 6 June 2024

7

Grace of Mercy Prayer Mountain - Statement of Financial Activities for the year ended 18 June 2023

Statement of Financial Activities for the year ended 18 June 2023

Income & Endowments from:
Donations & Legacies
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income for the year
Total funds carried forward
Net movement in funds		 Current year
Unrestricted
Funds
2023
£
75,405
75,405
75,020
75,020
385
385
385		 Current year
Restricted
Funds
2023
£
-
-
-
-
-
-
-		 Current year
Total Funds
2023
£
75,405
75,405
75,020
75,020
385
385
385		 Prior Year
Total Funds
2022
£
-
-
-
-
-
-
-

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All the prior year transactions were unrestricted items, and no further analysis is required

All activities derive from continuing operations

Grace of Mercy Prayer Mountain - Resources applied in the year ended 18 June 2023 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
Net resources available to fund charitable activities		 2023
£
385
(1,697)
(1,312)		 2022
£
-
-
-

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

The notes attached on pages 11 to 17 form an integral part of these accounts.

8

Grace of Mercy Prayer Mountain - Statement of Financial Activities for the year ended 18 June 2023

Movements in revenue and capital funds for the year ended 18 June 2023

Revenue accumulated funds

Closing revenue funds
Recognised gains and losses
before transfers		 Unrestricted
Funds
2023
£
385
385
385		 Restricted
Funds
2023
£
-
-
-		 Total
Funds
2023
£
385
385
385		 Last year
Total Funds
2022
£
-
-
-

The purposes of the transfers to fixed asset funds are described in Note 10 to the accounts and under the accounting policy 'Accounting for capital grants and fixed asset funds'.

Summary of funds
Unrestricted
and
Designated funds
2023
£
Revenue accumulated funds
385
Total funds
385		 Restricted
Funds
2023
£
-
-		 Total
Funds
2023
£
385
385		 Last Year
Total Funds
2022
£
-
-

Grace of Mercy Prayer Mountain Income and Expenditure Account for the year ended 18 June 2023 as required by the Companies Act 2006

Income
Income from operations
Gross income in the year before exceptional items
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Governance costs
Total expenditure in the year
Retained surplus for the financial year		 2023
£
75,405
75,405
74,181
339
500
75,020
385		 2022
£
-
-
-
-
-
-
-

All activities derive from continuing operations

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 11 to 17 form an integral part of these accounts.

9

Grace of Mercy Prayer Mountain - Balance Sheet as at 18 June 2023

Notes
2023
£
Fixed assets
Tangible assets
4
1,358
Total fixed assets
1,358
Current assets
Cash at bank and in hand
-
Total current assets
-
Creditors: amounts falling due within
one year
5
(973)
Net current assets
(973)
The total net assets of the charity
385		 -
-
-		 2022
£
-
-
-
-
Unrestricted Funds
Unrestricted Revenue Funds
68
385
-
385
Total charity funds
385
The total net assets of the charity are funded by the funds of the charity, as follows:-		 -
-

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 7.

The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Yetunde Elebuibon Trustee Approved by the board of trustees on 6 June 2024

The notes attached on pages 11 to 17 form an integral part of these accounts.

10

Grace of Mercy Prayer Mountain

Notes to the Accounts for the year ended 18 June 2023

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Risks and future assumptions

The charity is a public benefit entity.

In determining how best to pursue these objectives the trustees have taken on board the charity commission’s general guidance on public benefit and in particular it’s supplementary public guidance on the advancement of religion for Public benefit.

Policies relating to categories of income and income recognition.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

All income is accounted for gross, before deducting any related fees or costs.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.

However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note3.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

11

Grace of Mercy Prayer Mountain

Notes to the Accounts for the year ended 18 June 2023

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Church equiptment

20 % straight line

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Creditors and provisions

Creditors are amounts owed. They are measured at the amount expects to pay to settle the debt. Amounts which are owed in more than a year are shown as long-term creditors

Financial instruments including cash and bank balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

Fund Accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

There are no endowment funds.

2 Net surplus before tax in the financial year

The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets		 2023
£
339		 2022
£
-

3 The contribution of volunteers

The charity depends on the support of its volunteers, which is much appreciated. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.

12

Grace of Mercy Prayer Mountain

Notes to the Accounts for the year ended 18 June 2023

4 Tangible fixed assets

Current Year
Cost
At 19 June 2022
Additions
Disposals
At 18 June 2023
Depreciation
At 19 June 2022
Charge for the year
On disposals
At 18 June 2023
Net book value
At 18 June 2023
At 18 June 2022
5
Creditors: amounts falling due within one year
Bank loans and overdrafts
6
Income and Expenditure account summary
At 19 June 2022
Transfers in for the year
At 19 June 2022
Surplus after tax for the year
At 18 June 2023		 Land and
Buildings
£
-
-
-
-
-
-
-
-
-
-		 Plant &
Machinery
£
-
1,697
-
1,697
-
339
-
339
1,358
-		 Motor
Vehicles
£
-
-
-
-
-
-
-
-
-
-
2023
£
473
973
2023
£
-
-
-
385
385		 Total
£
-
1,697
-
1,697
-
339
-
339
1,358
-
2022
£
-
-
2022
£
-
-
-
-
-

7 Related party transactions

Grace of Mercy Prayer Mountain is a branch of is a branch of the Christ Apostolic Church (CAC) founded by the Lord through Prophet Sam Olu Alo

13

Grace of Mercy Prayer Mountain

Notes to the Accounts for the year ended 18 June 2023

8 Particulars of how particular funds are represented by assets and liabilities

At 18 June 2023
Tangible Fixed Assets
Current Assets
Current Liabilities
Unrestricted and designated funds:-
Unrestricted Revenue Funds
Total unrestricted and designated funds
Total charity funds		 Unrestricted
funds
£
1,358
-
(973)
385
-
-
-		 Designated
funds
£
-
-
-
385
385
385		 Restricted
funds
£
-
-
-
-
-
-
-		 Total
Funds
£
1,358
-
(973)
385
385
385
385

9 Analysis of movements in funds over the year as shown in Note 68

Unrestricted and designated funds:-
Unrestricted Revenue Funds		 Income
2023
£
75,405
75,405		 Expenditure
2023
£
(75,020)
(75,020)		 Other
Gains &
Losses
2023
£
-
-		 Movement
in funds
2023
£
385
385

10 The purposes for which the funds as

Unrestricted and designated funds:-

Unrestricted Revenue Funds

Unrestricted Revaluation Reserve

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.

This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.

11 Ultimate controlling party

The charity is under the control of its legal members.

Every member of the charity has unlimited joint and several liability for the debts of the charity.

14

Grace of Mercy Prayer Mountain

Detailed analysis of income and expenditure for the year ended 18 June 2023 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

13 Donations, Grants and Legacies

Donations and gifts from individuals
Small donations individually less than £1000
Total donations and gifts from
individuals		 Current year
Unrestricted
Funds
2023
£
75,405
75,405		 Current year
Restricted
Funds
2023
£
-
-		 Current year
Total Funds
2023
£
75,405
75,405		 Prior Year
Total Funds
2022
£
-
-

14 Expenditure on charitable activities - Direct spending

Current year
Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
2023
2023
£
£
£
370
-
370
280
-
280
796
-
796
59,009
-
59,009
5,196
-
5,196
450
-
450
Total direct spending
66,101
-
66,101
15
Current year
Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
2023
2023
£
£
£
Administrative overheads
515
-
515
327
-
327
2,995
-
2,995
1,072
-
1,072
2,693
-
2,693
50
-
50
Financial costs
428
-
428
339
-
339
Total support costs - Current Year
8,419
-
8,419
The basis of allocation of costs between activities is described under accounting policies
All the expenditure in the prior year was unrestricted.
Bank charges
Books
Advert
Music
Stationery and printing
Postage
Support costs for charitable activities
Licences & Permits
Telephone, fax and internet
Software licences and expenses
Crusade & Cruise
Sundry expenses
Event
Travel and Subsistence -
Charitable Activities
Depreciation & Amortisation in		 Prior Year
Total Funds
2022
£
-
-
-
-
-
-
-
Prior Year
Total Funds
2022
£
-
-
-
-
-
-
-
-
-
-
-
-

15

Grace of Mercy Prayer Mountain

Detailed analysis of income and expenditure for the year ended 18 June 2023 as required by the SORP 2015

16 Other Expenditure - Governance costs
Current Year
Independent Examiner's fees
Total Governance costs
17 Total Charitable expenditure
Current Year
Total direct spending
Total support costs
Total Governance costs
Total charitable expenditure		 Current year
Unrestricted
Funds
2023
£
500
500
Current year
Unrestricted
Funds
2023
£
66,101
8,419
500
75,020		 Current year
Restricted
Funds
2023
£
-
-
Current year
Restricted
Funds
2023
£
-
-
-
-		 Current year
Total Funds
2023
£
500
500
Current year
Total Funds
2023
£
66,101
8,419
500
75,020		 Prior Year
Total Funds
2022
£
-
-
Prior Year
Total Funds
2022
£
-
-
-
-

16