2025-05-23-accounts - Mount Zion Presbyterian Church (UK)

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Docusign Envelope ID: 0F824330-CC65-416F-A2D3-A2F7F37E7B54

MOUNT ZION PRESBYTERIAN CHURCH (UK)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 23 MAY 2025

Docusign Envelope ID: 0F824330-CC65-416F-A2D3-A2F7F37E7B54

Mount Zion Presbyterian Church (UK)

Contents of the Financial Statements For the year ended 23 May 2025

	Page
Trustees' Report	1 - 2
Independent Examiner's Report	3 - 4
Statement of Financial Activities	5
Balance Sheet	6
Notes to the Financial Statements	7 - 9

Docusign Envelope ID: 0F824330-CC65-416F-A2D3-A2F7F37E7B54

Mount Zion Presbyterian Church (UK) Trustees' report for the year ended 23 May 2025

The trustees present their report and unaudited financial statements of the church for the year ended 23 May 2025.

Charity Registration number 1209001

Governing document: Trust Deed dated 24 May 2024

Trustees

The trustees who served during the year and up to the date of this report were:

Rev John Danso Grace Boakye-Dankwa Akyeampong Nancy Eleni Adisenu Georgina Nyarko Wiredu Kwabena Ofoi-Manteaw Veronica Durowa-Asante Amos Asiedu Darkwa Agyei

Structure, Governance and Management

The charity is constituted as a trust and is governed by its Trust Deed. The trustees are responsible for the overall governance and strategic direction of the charity and for ensuring that its activities are carried out in accordance with its charitable objects

Trustees are appointed in accordance with the provisions of the Trust Deed. New trustees receive an induction covering the charity's objectives, governance structure, and their duties and responsibilities under charity law

Objects and Public Benefit

The objects of the charity are set out in the Trust Deed and are to advance the Christian faith for the benefit of the public through public worship, prayer and religious activities, pastoral care and support and distribution of Christian litereature.

In planning and carrying out its activities, the trustees have had due regard to the Charity Commission's guidance on public benefit and confirm that the charity's activities during the the year were carried out I furtherence of its charitable purposes

Activities and Acheivements

For the year ended 23 May 2025, the charity continued its regular programme of worship services, prayer meetings, teaching, and pastoral support. The church also engaged in community outreach and support activities in line with its charitable objectives.

Review of Financial Activities

The net incoming resources of the church for the year ended 23 May 2025 amounted to £11,834. At 23 May 2025, the reserves of the church were £36,575.

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Mount Zion Presbyterian Church (UK)

Trustees' report for the year ended 23 May 2025 (Continued)

Statement of Trustees' Responsibilities in Relation to the Financial Statements

The constitution of the church and law applicable to Charities in England and Wales require the trustees to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity during the year and of its financial position at the end of each year. In preparing the financial statements, the trustees are required to:

1) select suitable accounting policies and apply them consistently;
2) observe the methods and principles in the Charities SORP;
3) make judgements and estimates that are reasonable and prudent;
4) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and enable them to ensure that the financial statements comply with the Charities Act 2011.

The trustees are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

APPROVED BY THE TRUSTEES AND SIGNED ON THEIR BEHALF:

Kwabena Ofori Manteaw

10/03/2026

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Mount Zion Presbyterian Church (UK)

Independent Examiners Report to the trustees

We have examined the financial statements for the year ended 23 May 2025 on pages 5 to 9, which have been prepared in accordance with the accounting policies set out on page 7

Respective responsibilities of Trustees and Independent Examiner

As described on page 2, the trustees are responsible for the preparation of the financial statements of the church. The trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is our responsibility to:

examine the financial statements under section 145 of the 2011 Act;

follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

state whether particular matters have come to our attention.

We have been appointed under section 145 of the Charities Act 2011 and report in accordance with the regulations under that Act.

Basis of independent examiner's report

We conducted our examination in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept 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 the seeking of explanations from the trustees concerning such matters. The procedures undertaken do not provide all of the evidence that would be required by an audit and, consequently, no opinion is given as to whether the financial statements present a 'true & fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

During the course of our examination, nothing has come to our attention which gives us reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:

a) proper accounting records have been kept in accordance with Section 130 of the Charities Act 2011; and

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Presbyterian Church of Ghana - Victory Congregation (UK)

Independent Examiners Report to the trustees (Continued)

b) the financial statements for the year ended 23 May 2025 are in

accordance with those records and comply with the accounting requirements of Charity Act 2011 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities (revised 2014).

Further, during the course of our examination, nothing has come to our attention that, in our opinion, should be drawn to your attention in order to enable a proper understanding of the financial statements to be reached.

Signed

Topmost Accountancy Services Seth Koranteng Chartered Certified Accountant

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Mount Zion Presbyterian Church (UK)

Statement of Financial Activities For the year ended 23 May 2025

Notes Incoming resources Voluntary income 2 Investment income Total incoming resources Resources expended Charitable activities 3 Administrative expenses 4 Total resources expended Net incoming resources for the year Funds brought forward Total funds carried forward	24.05.24 to 31.03.25 24.05.24 to 31.03.25 24.05.24 to 31.03.25 Restricted fund Unrestricted fund Total £ - 29,925 29,925 - 345 345 - 30,270 30,270 - 5,416 5,416 - 13,021 13,021 - 18,437 18,437 - 11,834 11,834 - 24,741 24,741 - 36,575 36,575

The notes form part of these financial statements

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Docusign Envelope ID: 0F824330-CC65-416F-A2D3-A2F7F37E7B54

Mount Zion Presbyterian Church (UK)

Balance Sheet At 23 May 2025

Notes Fixed Assets Tangible 5 Current Assets Cash at bank 6 Total current assets Current Liabilities Creditors 7 Net Current Asset Total Net Assets Funds 8 Total funds	2025 £ 1,050
	36,865 36,865
	1,340 35,525

	36,575
	36,575
	36,575

APPROVED BY THE TRUSTEES AND SIGNED ON THEIR BEHALF:

Kwabena Ofori-Manteaw

10/03/2026

The notes form part of these financial statements

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Mount Zion Presbyterian Church (UK)

Notes to the financial statements for the year ended 23 May 2025

1 ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared in accordance with the Statement of Recommended Practice : Accounting and Reporting by Charities in accordance with with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in July 2014

Accounting convention

The financial statements have been prepared under the historical cost convention

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Musical instrument : 25% on cost

Cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the charity is a small undertaking

Incoming resources

Incoming resources represent offertory, pledges, donations, tithes and self generated income

Reserve policy

The trustees have a free reserve policy whereby the free reserves of the church will be sufficient to continue the current activities should there be a significant fall in offertory levels. This will need to be sufficient to sustain the church whilst alternate funding is sought or other arrangements are made.

2 Voluntary income

General offering Tithes Harvest Special offering and donations	23.05.25 23.05.25 23.05.25 Restricted Unrestricted £ - 8,714 8,714 - 13,555 13,555 - 6,181 6,181 - 1,475 1,475
	- 29,925 29,925

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Mount Zion Presbyterian Church (UK)

Notes to the financial statements for the year ended 23 May 2025 (continued)

3 Charitable activities Welfare & bereavement Gifts & donations Mission support 4 Administrative expenses Catechist allowance Organist Computer & internet expenses Pulpit supply Printing, postage & stationery Refreshment Rent Travel Sundry Depreciation Accountancy fees 5 Tangible fixed assets Musical Instruments 6 Cash at bank and in hand Deposit account Current account	23.05.25 £ 1,700 2,630 1,086
	5,416
	23.05.25 £ 1,350 1,200 156 2,450 227 257 5,350 80 261 350 1,340
	13,021
	1,050
	1,050
	30,540 6,324
	36,865

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Docusign Envelope ID: 0F824330-CC65-416F-A2D3-A2F7F37E7B54

Mount Zion Presbyterian Church (UK)

Notes to the financial statements for the year ended 23 May 2025 (continued)

7 Creditors: Amounts falling due within one year Accruals 8 Movement in funds Unrestricted funds Restricted Total funds Net movement in funds, included in the above are as follows: Unrestricted funds Restricted Total funds	23.05.25 £ 1,340 1,340 At 24.05.24 Net movement in funds At 23.05.25 £ £ 24,741 11,834 36,575 - - -
	24,741 11,834 36,575
	Incoming resources Resources expended Movement in funds £ £ £ 30,270 (18,437) 11,834 - - -
	30,270 (18,437) 11,834

9 Related party disclosure

During the period, Rev John Danso and Catechist Amos Agyei who served as trustees were paid £2,450 and £1,350 respectively for pastoral and ministry related services provided to the church

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