Charitll iNumber- 327168 Mount Peniel Church of God in Christ Jesus Apostolic Accounts 31 March 2023 CONTENTS PAGE Legal and Administrative Details Statement of Financial Activities Balance Sheet Notes to the Accounts I I Page REfIRE￿cE AYD ADIllIYI JSTIL4TJVE DLTAILS OF TJII CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 NltlRCH 2D23 Trustets Loriia M Jones Dorothy Buchanan Rayrna Alibaba Charlty reglsltred Numb¢r 327168 D#te of chxritsblt rcgistrthiioTh 18Jun¢ 1986 Principjl office 9 Walden Avenue SL2ffordshire ST16 ING Se¢r¢illry Loma M Jones Independent exthmlJJ¢rs NF Financial Solutions Lid- Clo GatsdtoGive Bgnkers Natwest Bank TRUSTEES, REPORT FOK TIJE YEAR ￿N￿￿.D 31 NIARCH 2023 Stru¢ture* gov¢rn#nc¢ snd mxnaEement The 3 TrusteL'5 are: Lorna M Joncs 2. Dorotliy Buclianan 3. liayma Alibaba New Tiustees ate appointed by lh¢ exisiing Board ofTru5tets oil the basi5 of il)¢ir expertise and involvemeiit in furthcring the mission and vision of the ¢hariiy. The Bodrd of Trustees hav¢ a vari¢ty of ¢xpeTi¢nc¢ including ChTlStian ministry and eliurch administyaiion, financial Ina￿gement, lundraising. edu¢a¢ioty skills. The Board is accoun￿b]e 10 the Cliariry Commission for the careful use of chatildble and ollier publiL lunds provi(fed in a varieiy of foniis. and for the a¢hi¢v¢ment of appropriaic pcrforniancc siandards in service delivery. The Bodrd of Trusiees meets at le&st quarterly to oversee the vision and Strdtrgies of ihc charity. Witli the growth of activiti¢s of Ilje cliarity an ever-incicasing l¢vcl of expenis¢ is Tequircd on a day-to-day basis and an ¢stabli5h¢d manxgeiiieni 18 in place that Is capable of n)nning the affairs of the Charity. Thc Charity's managcrs, listcd on page 2. are in cliar8e of tlie day-to4lay tnanttgemeni mailers and are accous)tablc to thc trustee8. Th¢ Truste¢s remain comniitt¢d ￿ advancing the Christian faith, education in the arcas of Christianity and rccovery froin drug addiction. prostitution and the relief of persons in need particularly througli th¢ provision of facility, counselling and support. CovernSng do¢umenl: Mouni Peniel Chut¢b OrG￿ in Christ Jesus Apostolic reb)ist¢r¢d as a chariLy 18 June 19B6. Tlie charity's conslitulion was adoptcd on I I, Septembet 1986 and amended on 23 June 2014. Rccruitment and appointment oltrustees: Tlie members of the G¢neTdl Trustee Board are trustees for the P￿r￿)￿e8 of charity law. tNstccs muy bc appointcd by re501ution of a Tneeiing of the trustees. Mucli oftlie cliarily's WOTk fttuses upon Ili¢ proinotion of the Christian religion alld tlie Turlning and maint¢nanc¢ of its ploccs of worship. The General Trustee Board ￿ckS to cnsurc tliat thc iiceds af this group are appropriatcly Tcfl¢ctcd through the divcTsiry of the irustee body. To enliance l]ie potential ￿01 of tn]siees, Ilic cliarity has, through %ele¢iiv¢ advertising and networking with volunlary UTgFani£aiiens aciive in the 5eCtg1, sought to idcniify those who would be willing lo become membcrs of the thaTity and use their experience to assisi the charity. Rlsk LMan4g¢mcnt: The trustc¢s actively revicw thc nrdjorrisks whi¢h the charity faces on a re¥ular b&8i5 and believe that maintaining the free rcseryes stated, combin¢d with thc annual revicw of tlie Colllrols over key finwicial sysi¢ms carried out on an annual basis WIIE provide suÉfJcient i¢s(>urces in the evcnt of advcrsc cortdiliolls. The tru5*¢5 hdv¢ £ilso examined other operaliot￿l and business risks which they facc and confirm that they havc e%thblished systems io niitigaic thc significant risks.. Public Benofit: Tlie charity acknowledges its requirerncnt to dcmonstratc clcarly that it must112ve charithblc purposc5 or aims, that ar¢ for the public benefil. Details of hoiv the ch3rity has achicvcd thi% arc provided in thc Trusices report. The Trnst¢es confjrn) Iliat they Iiave paid due regard to ilie charity Commi55ioiI guidance on piiblic bcnefit beforc d¢¢iding what aclivitics the cliariiy should undertake. Obloctlves atld SLCtivities: To advancc Ihc Cliri5tian cdu¢alion of Great Bnlain oilier counlri¢s of the world without distinctioi) of Sex or Tace. To cmpower individuals to bc sclf-reliant by having thc confidence, ability to compl¢t¢ and paiticipale in economic and 50¢ial activities. I'lic church 18 fomied for ¢liaril)ble purposes only in conneetloli WlTli advancement of tlie Clirisiian faitli. To be an ¢xamplc of a good huihart artd to fulfil such uth¢r purposes wliich are ex¢lusively chJiitable according to the laws of England and Walcs. TRUSTEES, REPORT FOR THE YLAR EN'DED 31 ￿￿RCH 1023 FlnAnei#l rtvieiv: The TTUStees have prepared the accounting policies lor Mouni P¢ni¢l it) accordance with tlie requiTcments of tlie pplicablc SORPS and of besi ac¢ounling ptatllce. During the year. th¢ Cliarity sold their buildiiig lo purcliase anoilier cliurcli property. Ilowever. t]ie poiejiiial propeny was taken off uf thL mdTket and due io Covid-19 the search for a new properly is on hold uniil it is suitable 10 contittue. Plan5 for future poriods,. Thc Charity lias dcvclopcd various fundrdisinLk sirategy io includc conw)unity ouircach. In addition io liosiing cvcnrs. the charity is aimtttg to achicvc its targets ihrough Securing donations from w¢lling individuals. Statement of Board of Tru$tccs' rcsponsibilÉties: I'hc IloaTd of Trusices arc responsiblc for prcparing the Annual Report and the financial statements in accordance with applicablc law and United Kingdom Generally Ac¢¢pted Ac£ounting Pracllce. CIILirily laiv applicable to charltics in EnglandlKVal¢s r¢quires ihe Board of Trusiec5 to prepare financial sthtements for eacli tiiiancial year whicli gsves a trut and fair vteiv ofthc siatc of affair5 of ihe Charity and of the SUTplus or deficit of the Charity for Iliai period. lji preparing thost financial siateincnts thc Board of Trustees have.. Selected suitable accounting policies and applied Ihem Consis￿nI1y, Made judgwments and es1im21es that are rea50nabl¢ and PTudeiit, Stated whether applieablc accounting 8tandaTds h&ve bccn followed, subject to any material departurc8 discloscd 4Lnd explained in Ihe financial stalemetlts; and Prcparcd ili¢ financial siaicmenis ot) a going ttsntern basis (unless it ts inappropriate to presujne thai the Charity will continue ITh operaiion}. The Board of Tn￿le¢S has overall Tespoiisibilily for ensuring that the Charity has an appropriate systcm of ¢ontrol$, financaiil n and prevention Df ftaud and other irregularitics. Th¢ Board of Trnsiecs 15 responsible for th¢ inaintenance and In￿￿?￿[Y of th¢ ¢OryOTate and r]nanciaL Inforn￿tioTh. Lcgislation in thc United Kingdom governing thc preparation and dissemina¢ion of financial siatemcnts may differ from legislation in othcr jurisdictions. St3t¢nient of disclosurc of inforn)ation to indcpcndcnt cxJmineT We, as the Trustccs of the Cliarity who held office at thc date of approval olthese finallcial statements as get out on page 2 ch confim), so far as we arc aware. Ihai.. TlJ¢r¢ is no relev￿lL itiloTU)alion ofwliich thc Charity'% inde￿ndent cxamiijcr arc unaware: and we liave taken all the stcp% that we 0￿￿t 10 have iaken as Trustees in order ￿ make ourselves aware of any relevant inforniation and to establish th21 the charity's independeni exaiiiiner 1% awarc of that inforniation. Indepcndtnt Examiner: The Charity's indepetid¢nt examin¢r. NF Financial Solutions Ltd. Clo Good to Give Ltd. has indicated ilieir willingn¢¥s 10 off•. Iheniselves for appointment. Tliis T¢pori was approved by the Tru51ees on and signcd on their behalf by.. INDEPENDF.NT EXA￿l[liER's RTr.POH'I' roR TIIE YEAR ENDED 31 MARCII 2023 INDEPENDENf EXAfvIINEft'S IILPORT TOTIIETRusfEES OVTHE 14lOLNT PENIELCIIURCII I reJx)rt on thc financial Stslernents vfthe charity foE the year ellded 31 March 2023 which comprise the Slatement of Financial Aciiviiies and Balallce Shccl wilh a￿0¢$8￿ notrs. This repon is made solely 10 th¢ ¢liaritys Trnstres, as a body. in a¢cordan¢¢ wilh scciion 145 of th¢ cli￿rItieS Act 2011 and regultttion$ tnadc und¢r seciion 154 of ihal Act. My work has bccn undertaken so Ihjt I might sL)¢e to th¢ charl￿$TruS¢¢¢s Ihose Inatters I stn tequiTed 10 state to thctn in an Independ¢Dt examinees repon and loi no uther purpose. To the fullegi exieni pernbtied by law, I do noi a¢cepl or assume responsibility 10 anyone oiher than Ihe cliaTily and Ihc cliaTlry'S Tru5tccs as s body, for my ¢xaniinalion WOTk. RE5PECTIVF RFJPON%IBIIJTIFS (IFTRUSfEE5 EXAIIIYEK The ¢harity¥ TNsiees are responsible for Ihe prcparaison of th¢ finBncial slalcmcnts. and they conxidet Ihatan audTt is noi r￿VIr￿1 for thi8 yeDrunder sectiOTL 144121 of Chariiies Act 2011 lthe ACTI and thai art independent Èxarnitiation ig iieeded. li is my ￿spOn41b11iry to.. EKamine the accounts lundeT SeclioT) 145 of Ihe Cli￿111c8 Acil. To follow thc pioctdiTres laTd down in Ihe G¢n¢rg1 Directions ￿vell by the Charity Commissioners (under Section 14515llb) of th¢ ChaTitie$ Act)., and To stale whetheiparticular n￿￿r5 have corne ID my al￿ntIon. Bisi* of Independent F.x&miner's rcport My ¢xamination was caffied OUE in Jccordan¢e with the Cjentrdl Directions given by the Charitycommissioners. An examinatio includ¢s a rcview of the &ctollnting records kept by ihc GTo￿￿Ch8Tiry and a compJiison of th¢ d¢couiil¥ pres¢nl¢(t W5th thog¢ TecoTd* It Iso ill¢ludes consideiJiioL of any uiiu$ual iteins or disclosures in the accounis, and seek'ing explanations frofft you as tsuslees conttrning any siich maiters. Th¢ proc¢durcs und¢rtakendo noi provide ail the eMden¢c ghat would b# requi￿1 in an audit. aLd ¢ons¢quutly no opinion is given as to wheiher Ilie accounty pr¢seTLt a'true and fair, vsew and the report is limited to tliose matters sei ut in Ihc siatemenl IKIOW. Ind¢pcndtnt EAuminer'$ stjltment In ¢onn¢etion with my ex&mina¢ion, no niatter liascorne lo my 3ttentioN.' 11 which gives MB TeasoLable causew believe thAI in any inaterial resp¢ct lh¢ requiremeiits.. keep accountlnE r¢cords in ac¢Ord￿Ce wilh section 130 ofihe Aci: and to prepare financial sthicments which ¥¢ord wiibtbe actouttting recoids and tomply withth¢ 2¢¢OWllin8 requiiements of Uic A¢1 have notken mei.. or 21 10 which, in my opinion. attention should be dra%sm itt OTder io enable a proper understanding of the fJn2nCi818taiemertts to be redched. Dated.. 10 November 2023 Basthlyan ILL C. S. Rodrigo l Bsc Accountancy, MBA. ACASL, FFAIFIPA) On behalf of NF Financial Solutions Ltd ST4KTEIILYT OF FINANCIAL ACTIVITIES {In¢DrpoMtSDo5ncume eIpendl¢uregCeOUllt) T)R THF YLAR FNDLD JI MARCII 2023 Revi%ed Tot#] Funds 2022 Vnrostrlete 1023 Ro5trittcd Totsl Fundy 2023 2023 34J41 785 79J16 39thL4 IMhET IS72 GifiAhl 3,1S6 Tothl 41746 4S193 17.•39 4J.35J RrJwrcH tiptAdtd Direci Chan￿ble expewJiNte 31430 7JlO )9.746 1.428 1.421 Toiil Rtsowr¢e$¢xp¢ndtd J3,858 7JlO 41.174 17.611 MoveTn¢iii foi the Y￿r- Nci inwinc Ilexpcndiiur¢l FDr ihe ye &&5 37077 40.765 27.712 Furtd bAhn￿￿t0￿h¢ forw4rd IDJ82 JI4J77 114.759 97,Q47 F￿￿b￿1¢¢¢￿led foTh¢*rd Tg.270 152.154 171J14 124.759 61Page BALANCE SHEET AS AT 3] MARCH 2022 2023 2022 rixED ASSETS Tangible a5seL% CURRE.NT ASSETS Dtbiors 1,427 123,332 Cash #t bank 171,670 171,670 124.759 CREDITORS: amounts fJllillg due within one ytsr {1461 I ET CURRF.NT ASSETS 171,524 124,759 NET ASSETS 171,524 124,759 CIIARITY Fu￿Ds Unresiricied tunds 19,270 152.254 124,759 R¢stricicd funds TOT.IL FUNDS 171,524 124,759 Thc financial sthiemenis w¢re approved by Ihe Trustees on and signed on their behalf, by= Date: TlJ¢ no*s vn page 8-10 forn) part of these financial slatcmcnts 1¥4OTES TO TIIE FINAliCJAL STATEMF.NT FOR THE YEAR ENDED 31 MARCH 2013 AccouNfiNc POLICIES Bllsis of prep9rnfifin or rin#neÉal statemonts The financial ststcmcnts have b¢eA PTcpared under ihe historical tost convention, with the ex¢epiion of investments which are included at market value, and in accordatLCe With the Financial Repurting Standwd for Smallcr EntÉties Icffective April 20081. Thc fjnancial statements liavc bcen prepatcd in accoidttrttc with dje Siatemcni of Recommendcd l?racli¢¢ ISORP),'Accountink) and R¢poriin& by Lhaiities, publislied in Matcli 20Q5 and applicable accounting %thndards. Fund ac¢ounling General funds are unrestyict¢d funds which are available for ube at the discreiion of th¢ Tnjstecs in fisrth¢ran¢c of the gcnerdl objcctive5 of the ¢hariiy 2nd which hAv¢ not been designated for oth¢T purposcs. R¢5tTiCted funds are funds whiLh are to be thed ID Jccordance with spccifjc restrictions imposcd by donors or which have be¢n raiscd by thc charity for particul(￿ PUryUS¢5. T]ie costs of raisingj and adminisleringv sucli funds ai¢ chaiged againsi the specifjc fund. Thc aim and usc of each rcstricted fund are set out in tile noies to tlie financial sthiements. Incoming re50UT¢ All incoimiog F¢sources are included in the Siaitnicnt of financial activitics whcn thc charity ha5 entitlemcnt to thc thnds, cenainty of Te¢eipt and ih¢ aiDOUtit cali be medSUTed with 5uffJcient rcliabÉlity. Donated services or facilities, whicli cornprisc donaicd 5CTvi¢es, are in¢ludcd in ittcome at a valuation wliich is an ¢s1imaie of the f￿anCIal c05t born¢ by the donor where sucli a cosi is quantifiable and mcasurable. N'o income is rccogniscd whcre ther¢ 15 findn¢ial cost borne by a Iliird party. Income rax recoverable in relaiion io donations received under Gift Aid or deeds of covenant is Tecogniscd at the time of the don2tion. Re5uurce5 expended ExpcndiDJre is accounted for on an a¢¢wals b￿15 and has been included under expense categoric5 that aggregaie all costs foT &llIKation io activitie5. Where costs cannoi be directly auribuled io particular ￿tivItieS, they have been allocatcd on a b&%is consistent with tli¢ usc of ihe resourccs. FundrllisinbT cogis are tliosc incurred in secking voluntary run￿lbUll0￿S alid do not includ¢ the costs uf dissetninaling inforniation in support of the charitabl¢ aciiviiies. SuppoTI Costs ure Ihose costs incuTt¢d directly it] support of expenditure on tlie obj¢c15 of the ¢liariiy and include project managemcni carricd out a¢ Hcadquarters. GovcTnance costs arc thosc illcurred in conncciion with administrdlion of the chaTity and compliance with tonstituiional and ststutory requiremcnts. Grants payable ar¢ ¢hargcd in ihc yeaT when the offer is ex¢ep¢ in those case5 wliere the uffer is conditional. such gTants beijig recognised S txpcnditure whcn thc conditions altaching arc fulfilled. GTani$ offered subj¢LI ¢0 ¢undiiions whicb have not been met at the yearnd are noted as a comDiitment. bui not accrued 8$ expenditsjre. IIOTES TO THE FINANCIAL STATEIIEIYT FOR THE YEAR ENDED 31 fvIARCH 2023 2. TRUSTEE EXPENSES There were no Truslee expenses paid during 2023 and 2022 3. DIREcf CHARITABLE EXPENSES 2023 2022 Rent 840 2.670 251 Printing, Postagie & Admin Expen5¢5 Trdvelling Donation5 Other Expenses Church Puwhasing Expenses 3,556 4,628 8,211 15,195 7.316 500 10,480 3,080 39,746 16,981 4. DEBTORS: AMOUNTS FALLING DUE IVITHIN OLYE YLAR 2023 2022 Debior and prepaymenis 147 (147) 1,427 J,427