REGISTERED CHARITY NUMBER: 1203118
Mount Calvary Cross Ministry Abundant Grace International
Trustees' Report and
Unaudited Financial Statements for the Year Ended 30 September 2024
G Defor and Co Chartered Certified Accountants 55 Carters Mead Harlow Essex CM17 9ER
Mount Calvary Cross Ministry Abundant Grace International
Contents of the Financial Statements for the year ended 30 September 2024
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8 to 10 |
| Detailed Statement of Financial Activities | 11 |
Mount Calvary Cross Ministry Abundant Grace International
Reference and Administrative Details for the year ended 30 September 2024
TRUSTEES Ms Dorinda Anim-Addo Ms Charlotte Boateng Ms Oboshie Torgbor-Gidzi PRINCIPAL ADDRESS Flat 48 Baird House White City Estatae London W12 7PS REGISTERED CHARITY 1203118 NUMBER INDEPENDENT EXAMINER G Defor and Co Chartered Certified Accountants 55 Carters Mead Harlow Essex CM17 9ER
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Mount Calvary Cross Ministry Abundant Grace International
Trustees' Report
for the year ended 30 September 2024
The trustees present their report with the financial statements of the charity for the year ended 30 September 2024. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To advance the Christian Faith for the benefit of the Public per our Statement of Beliefs/Faith
The advancement of the Christian religion but not exclusively, via broadcasting Christian messages of an evangelistic and teaching nature.
To advance the Christian religion in England and internationally which will be for the benefit of the public through the holding of church services, prayer meetings, lectures and talks from seasoned men and women of God towards a practical and victorious Christian life.
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Mount Calvary Cross Ministry Abundant Grace international
Trustees' Report
for the year ended 30 September 2024
ACHIEVEMENT AND PERFORMANCE Charitable activities
Our charity holds church services every day from Monday to Sunday.
On Sundays, there is a Bible Study for adults before the main service. Firstly, this helps deepen the understanding of the Scriptures. Secondly, it prepares hearts for the main service.
Additionally, The Church has introduced a new program on Mondays dedicated for the pastoral welfare of Men and Women; (The men and Women's Fellowship). This initiative includes talks by counsellors, medical practitioners (Paediatricians, Gynaecologists, Nutritionists, General Practitioners etc) motivational speakers, and pastors. These talks offer spiritual insight and practical guidance for daily Christian living. Previously, this fellowship did not exist.
It is aimed at enriching The Christian's walk with God in a holistic way. It also provides a sound balance of the spiritual and the physical life of the Christian.
Prayer Warriors and Prayer Pillars
The Prayer Warriors and Prayer Pillars groups meet on Tuesdays and Thursday evenings for 30 mins before the main service begins , to intercede in prayer for the church, our community, our nation, our world, the pastors, and leaders.
Sunday School - Children's Service
This Ministry is dedicated to nurturing the spiritual and overall well-being of children, helping them grow into responsible, valuable and profitable members of the community, the church, the nation, and humanity at large. Outreach and Soul Winning
Reflecting the fruitfulness of our outreach and evangelism efforts, we have experienced a significant increase in attendance and engagement,
Spiritual Outreach and Community Support at MCCM Abundant Grace International
As part of our quarterly activities, the church organizes the Prayer Carousel-a continuous prayer chain running from 9:00 AM to 6:00 PM. This provides an open platform for members and the general public to log in at any time during the day to pray for themselves, the church, and the nation. It has become a powerful space for spiritual connection and intercession.
Over the past year, MCCM Abundant Grace International has continued to reach out to our local community and the international world with the Word of God through our social media platforms. We have been privileged to connect with people of diverse backgrounds, cultures, languages, and faiths, sharing a message of hope and love across geo-political boundaries.
In addition to our spiritual outreach, we have provided vital support services including:
" Bereavement counselling and support
" Funeral and memorial services
" Pastoral care
" Personal counselling
" Support for marriage, relationship, and family issues
Through these services, countless individuals have found comfort and solutions to life's challenges. A renewed sense of wellbeing.
All these initiatives have offered opportunities for spiritual, physical, and mental renewal and growth, as our church continues to thrive and serve as a pillar of hope and support within the community.
FINANCIAL REVIEW
Financial position
The Charity's detailed results for the period and the state of affairs are set out on page 6 to 11. The charity's accumulated surplus funds for the year were £73,570.
Reserves policy
The Charity aims to retain sufficient reserve equivalent to a minimum of three months overhead commitments of £7,000, these reserves are held in liquid funds and this level of reserves has been maintained during most of the period in question.
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Mount Calvary Cross Ministry Abundant Grace International
Trustees' Report
for the year ended 30 September 2024
FINANCIAL REVIEW
Going concern
No material uncertainties related to events or conditions that may casts significant doubt on the ability of the charity to continue as a going concern have been identified by the trustees.
FUTURE PLANS
In the coming year, MCCM Abundant Grace International is committed to continuing its life-transforming and enrichment programmes with a focus on both community and international outreach. Key areas of development include:
" Expanded Outreach Programmes: We plan to increase our reach through both local and international initiatives, 28th July deepening our impact and support for communities in need.
" Church Service and Fellowship Schedule
We hope to change our every day services from Monday to Sunday to three days in a week-Tuesdays, Thursdays and Sundays.
" Prayer Warriors and Prayer Pillars
The Prayer Warriors and Prayer Pillars groups will meet on Wednesdays and Friday evenings, respectively, to intercede in prayer for the church, our community, our nation, our world, the pastors, and leaders.
" Transition to Hybrid Worship:
As our membership grows globally, we are actively seeking a physical location to complement our online presence. This move will allow us to operate as a hybrid church, offering both in-person and virtual services to better serve members within and outside the UK.
" Youth Service Group:
We aim to launch a dedicated youth ministry that focuses on the spiritual, mental, and physical wellbeing of young people. This initiative will provide a supportive environment for youth to grow in faith and personal development.
" Church Outing & Fellowship:
To strengthen community ties and facilitate in-person interaction, we are organizing a church outing. This event will provide an opportunity for members to socialize, connect, and build stronger relationships beyond the virtual space.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The Governing Instrument of the charity is its adopted constitution (Trust Deed).
During the year, The Trustees formally met twice. However, The Trustees are in communication on a much more frequent basis.
Risk management
The trustees have a duty to identify and review the risks to which the charity ischarity exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
28/07/2025
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................
Ms Dorinda Anim-Addo - Trustee ( Chair)
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Independent Examiner's Report to the Trustees of Mount Calvary Cross Ministry Abundant Grace International
Independent examiner's report to the trustees of Mount Calvary Cross Ministry Abundant Grace International
I report to the charity trustees on my examination of the accounts of Mount Calvary Cross Ministry Abundant Gr (the Trust) for the year ended 30 September 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm 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 Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts 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.
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 accounts to be reached.
George K Defor ( FCCA)
G Defor and Co Chartered Certified Accountants 55 Carters Mead Harlow Essex CM17 9ER
Date: .....28/07/2025 ........................................
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Mount Calvary Cross Ministry Abundant Grace International
| Statement of Financial Activities | Statement of Financial Activities | |
|---|---|---|
| for the | year ended 30 September 2024 | |
| Unrestricted | ||
| fund | ||
| Notes | £ | |
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 2 | 100,642 |
| Investment income | 3 | 2 |
| Total | 100,644 | |
| EXPENDITURE ON | ||
| Charitable activities | 4 | |
| Charitable Activites | 26,424 | |
| Governance Costs | 650 | |
| Total | 27,074 | |
| NET INCOME | 73,570 | |
| TOTAL FUNDS CARRIED FORWARD | 73,570 |
The notes form part of these financial statements
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Mount Calvary Cross Ministry Abundant Grace International
| CURRENT ASSETS Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds: General fund TOTAL FUNDS |
Statement of Financial Position 30 September 2024 Unrestricted fund Notes £ 74,221 7 (651) 73,570 73,570 73,570 8 73,570 73,570 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Ms Dorinda Anim-Addo - Trustee
............................................. Mrs Fillmora Anim-Addo - Treasurer
The notes form part of these financial statements
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Mount Calvary Cross Ministry Abundant Grace International
Notes to the Financial Statements for the year ended 30 September 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared 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' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease.
2. DONATIONS AND LEGACIES
| Offerings Thanksgiving& special offering Building funds Tithes Dues |
£ 14,314 10,682 4,519 70,900 227 100,642 |
|---|---|
continued...
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Mount Calvary Cross Ministry Abundant Grace International
Notes to the Financial Statements - continued
for the year ended 30 September 2024
3. INVESTMENT INCOME
| Deposit account interest 4. CHARITABLE ACTIVITIES COSTS |
£ 2 |
|---|---|
| 4. | CHARITABLE ACTIVITIES COSTS | ||||
|---|---|---|---|---|---|
| Support | |||||
| Direct | costs (see | ||||
| Costs | note 5) | Totals | |||
| £ | £ | £ | |||
| Charitable Activities | 26,424 | - | 26,424 | ||
| Governance Costs | - | 650 | 650 | ||
| 26,424 | 650 | 27,074 | |||
| 5. | SUPPORT COSTS | ||||
| Governance | |||||
| costs | |||||
| £ | |||||
| Governance Costs | 650 | ||||
| 6. | TRUSTEES' REMUNERATION AND BENEFITS | ||||
| There were no trustees' remuneration or other benefits for the year ended 30 | September 2024. | ||||
| Trustees' expenses | |||||
| There were no trustees' expenses paid for the year ended 30 September 2024. |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| £ | |||
| Other creditors | 651 | ||
| 8. | MOVEMENT IN FUNDS | ||
| Net | |||
| movement | At | ||
| in funds | 30.9.24 | ||
| £ | £ | ||
| Unrestricted funds | |||
| General fund | 73,570 | 73,570 | |
| TOTAL FUNDS | 73,570 | 73,570 |
continued...
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Mount Calvary Cross Ministry Abundant Grace International
Notes to the Financial Statements - continued
for the year ended 30 September 2024
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 100,644 100,644 |
Resources Movement expended in funds £ £ (27,074) 73,570 (27,074) 73,570 |
|---|---|---|
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2024.
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Mount Calvary Cross Ministry Abundant Grace International
Detailed Statement of Financial Activities for the year ended 30 September 2024
£
| INCOME AND ENDOWMENTS Donations and legacies Offerings Thanksgiving& special offering Building funds Tithes Dues Investment income Deposit account interest Total incoming resources EXPENDITURE Charitable activities Telephone Postage and stationery Donation and welfare Ministry and Outreach Support costs Governance costs Examiners' fees Total resources expended Net income |
14,314 10,682 4,519 70,900 227 100,642 2 100,644 662 1,084 2,816 21,862 26,424 650 27,074 73,570 |
|---|---|
This page does not form part of the statutory financial statements
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