MOUNTAIN OF FIRE AND MIRACLES MINISTRIES, BELFAST Statement of Flnancial Actlvltles for the ar ended 31 December 2024 2024 2024 2024 Notes Unrestricted Restricted ToLIl Incornin Re8ouTces Incoming resources from gener8ted fvnds.. Volunlary income.'donations Activities in fUrtherdTr of the charity objects Tot41 Incoming Resources 20.330 20,330 20,330 20,330 Resources Ex ended Charilable expenditure Grants payable - institutional Costs ofacfiwties in furtherance of.. charity's objects Monagement and govgmance costs.. 200 11,582 S53 11,582 553 Total Resources expended 12,334 12,334 Net Incomlnglloutgolng) Resources for the aT 7.99S 7,995 Transfer bétwgen funds Total funds at 31 Decomber 2024 7,995 7.995 AJI disdosures relate to the a)ntinuing operations. There are no feeognised gains or105ses olher than Page 4
MOUNTAIN OF FIRE AND MIRACLES MINISTRIES, BELFAST Balance sheet as at 31 December 2024 2024 Notes FIXED ASSETS Tangible Fixed Assets 1,150 1.150 CURRENT ASS5 Debtors Cash in Handl Bank 10 7,145 7.145 CREDITORS: Amount falling due within a year 11 {300) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILMES 7.995 CREDITORS: Amount falling due more Ihan a year 12 NET ASSETS 7,995 ACCUMULATED FUNDS Restricted Unrestricted TOTAL FUNDS 14 13 7,995 7.995 The accounts have been prepared in acC8nCe the special provisA)n of Statement of Recommended Prydcti¢e.' Accounting and Reporting by Chanlies (SORPI issued March 2005 as modffied for smaller chaTibe5. Approved by the Trustees and SIgd on their beha. Name: Mr Joseph Awodola Slgnature: Date: 01- 2?-5 Page 5
MOUNTAIN OF FIRE AND MIRACLES MINISTRIES, BELFAST Balance sheet as at 31 December 2024 2024 Notes FIXED ASSETS TangiTrJle Fixed Assets 1.150 1.150 CURRENT ASSETS Debtors Cash in Han¢Y Bank 10 7.145 7,145 CREDITORS: Amount falling due wtthin a year 11 (300) NET CURRENT ASSErs TOTAL ASSETS LESS CURRENT LIABILMES 6.845 7,995 CREDITORS: Amount f811ing due more than a year 12 NET ASSETS ACCUMULATED FUNDS Restricted unrestn.cted TOTAL FUNDS 14 13 7.995 7,995 The accounts have been prepad in accordance wth the special provision of Ststement of Recommended pracaice: unting and Reporting by Charities {SORPI issued March 2005 as modTf*ed for smaller charities. Approved by the Trustees and Sned rm Iheir behalt. Narne: Mr Joseph Awodola Signature: Date: 01- 2E)Sb Page 5
MOUNTAIN OF FIRE AND MIRACLES MINISTRIES, BELFAST Notes to the financial statements for the eriod ended 31 December 2024 ACCOUNTING POLICIES 1.1 Basls of preparatlon of accounts The accounts have been prepared under the historical cost nVentIOn and in acc¢Kdanee with applicable accounting standards. They follow best practice as sel out in the statement of Recommentjed Practice.. Accounting and Reporting by Charitles {SORPI Issued March 2005 as modrfied for smamer tharie5. 1.2 Inme and Expendllure Income and expenditure are accounted for on accrual basis Restricted funds are fiJThJs which are to be used in acct)rdanc8 vlith Spear restricti(5 imposed by donors whith have been raised by Ihe Charity for parbcular purposes. The cost of raising and administering suth funds are charged against the spe¢ific fund. The aim and use of eath reslricted fund is set out in the notes to the accounts. Unrestricted funds are incorning reswrces reIVed for obj.ects of the charftyiMthout fijrther Spectr wrpose and are available as general funds. Restriutsd Fund Total Fund Unrestricted Fur 2. Voluntary Income: Donations 2024 2024 2024 rrthes & Offerlngs Gift aid daims 20.330 20,330 20.330 20.330 3. Grants recetved Grants 4. Grants Paydble - Instlthtions Charity Donatior 200 200 200 200 5. COST OF ACTIVITIES IN FURTHERAI4CE OF CHARITYS OWECTS This comprises all expenditure directy related to the objects of the of the tharity. It also inctudes Ihe expenditure in suppryt of that activity where material. Unrestricted Restricted Funds Fund$ 2024 2024 Total Funds 2024 Isthng Speakers. Expenses Weffare and hospitality expenses Outreach. Conference and Seminar Rent & Rates Light & Heat Media and Communication expense5 chAdnIY0uth expenses Stationery and office costs Transport expenses 1.280 779 1.280 779 100 6.807 1,704 199 70 120 522 6,807 1.704 199 70 120 522 11.582 11.582 Page 6
Restricted Fund Total Fund Unrestrtcted Fund 6. GOVERNANCE COSTS 2024 2024 2024 Accountan fees Depreuation 300 253 300 253 553 6.1 NEf MOVEMENT IN FUNDS FOR THE YEAR 2024 The net movement in funds for the year is stated after charging Legal & Professional Fees 88nk Charges & Snterest 300 300 7. DEPRECIATION Depreciation is provided 8t rates calculated lo wrile off the cost or valuation of fixed assets, less their estimated regdual value. over their expected useful Iwes on the following basis.. Van & office equipment 18%- reduung bakn 8. MOVEMENT IN FUNDS Unrestrlcted Fun¢ts Re5tr1cted Funds 2024 Total Funds 2024 2024 At1May Surplusl(Defiat} lor the year At 301h Poril 7,995 7.995 Page 7
- FIXED ASSETS Flxgd Assets Totsl Cost Al 1 December 2024 Additiws At 31 December 2024 1.403 1,403 1.403 1,403 Depreclatlon At 1 December 2024 Charge for the year At 310ecember 2024 253 253 253 253 Net Book Value At 31 Deomber 2024 1.150 1.150
- DEBTORS 2024 Rent (leposit
- CREDITORS: AMOUMTS FALL•IG Duevmw ONEYEP 2024 AccTuals Others 300 300
- CREDITORS: AMOUNTS FALL14G OUE AFTER ONE YE 2024 Creditors
- UNRESTRICTED FUNDS These are grants and donations receNed or receivable for the otyects of the charity wkth¢xrt restrictions as to purpose but are available as general funds.
- RESTRICTED FUNDS Restricted funds are used for the purpose as ¥*cified by the donor. Expenditure that meets these criteria is identified to the fund. Page 8