REHOBOTH PRAYER HOUSE Financial Statements 31 March 2025
REHOBOTH PRAYER HOUSE Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' Report | 2 - 3 |
| Independent Examiner's Report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes forming part of the financial statements | 7 - 9 |
REHOBOTH PRAYER HOUSE Legal and administrative information
TRUSTEES Dhanahang Limbu (Chairman) Lok Man Thalung Timothy Limbu Padam Rai PRINCIPAL OFFICE St. Peter's Hall Frimley Green Road Frimley Camberley GU16 7AQ BANKERS Lloyds Bank ACCOUNTANTS Paperwork Solutions Limited Suite 3 Greyholme 49 Victoria Road Aldershot Hampshire GU11 1SJ CHARITY REGISTRATION NUMBER 1209343
1
REHOBOTH PRAYER HOUSE
TRUSTEES REPORT for the year ended 31 March 2025.
The Trustees are pleased to present their report and the financial statements of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity's trust deed and applicable law.
Constitution and objects
The charity's object is to advance the Christian faith in accordance with the Statement of Faith throughout England & Wales for the benefit of the public mainly but not exclusively through the holding of services, raising awareness of religious beliefs and practices, religious education, outreach and pastoral care.
Financial review and investment policy
The unrestricted fund of the charity generates income which is used for the furtherance of the objects of the charity. There are no restrictions on the charity's power to invest. The investment strategy is set by the trustees and is reviewed annually.
Reserves policy
It is the policy of the charity to maintain all funds at a sufficient level to meet fluctuating demands. The unrestricted fund which comprises the free reserves of the charity were maintained at a sufficient level throughout the year to cover eventualities such as additional administration and support costs.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Trustees' responsibility in relation to the financial statements
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements, and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its operations.
2
REHOBOTH PRAYER HOUSE
TRUSTEES REPORT for the year ended 31 March 2025.
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity and enable them to ensure that the financial statements comply with 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.
Approved by the Trustees and signed on their behalf by:
…………………………………….
Dated:
3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE REHOBOTH PRAYER HOUSE FOR THE YEAR ENDED 31 March 2025.
I report on the accounts of the Trust for the year ended 31 March 2025, which are set out on pages 5 to 8.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of accounts; you consider that the audit requirement of section 144 of the Charities Act 2011 does not apply. It is my responsibility to - examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention
This report is made solely to the charity's trustees, as a body, in accordance with the Charities Act 2011. My independent examiner's report has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my independent examiner's work, for this report, or for the statement I have given.
Basis of independent examiner's report
My examination was carried out in accordance with 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that, in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
I.D. Chitolie FCCA Suite 3 Greyholme Paperwork Solutions Ltd 49 Victoria Road Chartered Certified Accountants Aldershot Hampshire Date…………………………. GU11 1SJ
4
REHOBOTH PRAYER HOUSE Statement of Financial Activities for the year ended 31 March 2025
| Unrestricted funds 2025 Notes £ Incoming resources Income and endowments from: Other Income 2 44,423 Total incoming resources 44,423 Resources expended Expenditure on: Charitable activities 3 - Support Costs 4 21,321 Management and Administration 5 1,284 Total resources expended 22,605 Net outgoing resources 21,818 Net movement in funds 21,818 Balance at 1 April 2024 100,735 Balance at 31 March 2025 122,553 |
Total funds 2025 £ 44,423 44,423 - 21,321 1,284 22,605 21,818 21,818 100,735 122,553 |
Total 2024 £ - |
|---|---|---|
| - | ||
| - - - |
||
| - | ||
| - | ||
| - - |
||
| - |
5
REHOBOTH PRAYER HOUSE Balance Sheet as at 31 March 2025
| Unrestricted Notes Funds £ Fixed assets Tangible Assets 3,295 3,295 Current assets Bank and cash balances 7 119,958 Creditors less than one year 8 700 Net current assets 119,258 Total Net assets 122,553 Funds 9 122,553 |
Total 2024 £ - |
|---|---|
| - | |
| - | |
| - | |
| - | |
| - | |
| - |
Approved by the trustees and signed on their behalf by:
----- Start of picture text -----
……....…………………………….
(chairman)
Trustees
……………………………………..
(treasurer)
----- End of picture text -----
Date……………………………………
6
REHOBOTH PRAYER HOUSE Notes forming part of the financial statements for the year ended 31 March 2025
1 Principal accounting policies
Accounting convention
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
-
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.
-
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
-
and the Charities Act 2011.
Resources expended
Expenditure is included on an accruals basis.
Costs of generating funds comprise those costs directly attributable to managing the investment of generating funds.
Support costs comprise costs for running of the charity itself as an organisation. Where costs cannot be directly attributed to activities estimates are made based on activity levels.
Fund accounting
Details of the nature and purpose of each fund are set out below in note 9.
| 2 Other income Unrestricted funds 2025 £ Interest received 798 Donations received 43,625 44,423 |
Total funds 2025 £ 798 43,625 44,423 |
Total 2024 £ - - |
|---|---|---|
| - |
7
REHOBOTH PRAYER HOUSE
Notes forming part of the financial statements for the year ended 31 March 2025
| 3 Expenditure on charitable activities Unrestricted funds 2025 £ Event cost: Press conference - Other charitable expenses - - 4 Support costs Unrestricted funds 2025 £ Other donations 3,980 Electricity - Travel Expenses 2,650 Rent 10,062 Meetings costs 3,783 Repairs and maintenance 15 Depreciation 831 21,321 5 Management and administration Unrestricted funds 2025 £ Accountancy fees 700 Computers and software 288 Printing & Stationery 42 Insurance 254 Bank Charges - 1,284 |
Total funds 2025 £ - - - Total funds 2025 £ 3,980 - 2,650 10,062 3,783 15 831 21,321 Total funds 2025 £ 700 288 42 254 - 1,284 |
2024 £ - - |
|---|---|---|
| - | ||
| Total 2024 £ - - - - - - - |
||
| - | ||
| Total 2024 £ - - - - - |
||
| - |
6 Staff Costs and trustees remuneration
REHOBOTH PRAYER HOUSE does not employ any staff. Trustees received no remuneration and were not reimbursed for any of their expenses.
8
REHOBOTH PRAYER HOUSE
Notes forming part of the financial statements for the year ended 31 March 2025
| 7 Cash at bank Unrestricted funds 2025 £ Current account - general charity fund 115,097 115,097 8 Creditors Unrestricted funds Creditors 700 700 |
Total funds 2025 £ 115,097 115,097 Total funds 2025 £ 700 700 |
Total 2024 £ - |
|---|---|---|
| - | ||
| Total 2024 £ - |
||
| - |
9 Funds
Unrestricted funds
These comprise those funds which the trustees are free to use in accordance with the charitable objects of the trust.
Restricted funds
These funds which have been given for particular purposes and projects are described in the Trustees' Report on page 2. There were no restricted funds this year or the prior year.
9