09213121false Activities of religious organisations 2022-10-012023-09-30http://www.companieshouse.gov.uk/2022-09-30http://www.companieshouse.gov.uk/cd:Director12022-10-012023-09-30http://www.companieshouse.gov.uk/cd:Director22022-10-012023-09-30http://www.companieshouse.gov.uk/cd:RegisteredCharity2022-10-012023-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-10-012023-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-10-012023-09-30http://www.companieshouse.gov.uk/2022-10-012023-09-30http://www.companieshouse.gov.uk/cd:FRS1022022-10-012023-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-10-012023-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09213121
Charity number: 1161558

SOWERS MINISTRIES INTERNATIONAL

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

Prepared By:
Swan Accounting Services
Accounting & Business Consultancy
FFOF25A
CEME Innovation Centre
Rainham
RM13 8EU

SOWERS MINISTRIES INTERNATIONAL

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
TRUSTEES
Joceclyn Cheryl BOSSMAN
Martin Akpor SOWAH
REGISTERED OFFICE
10 Celandine Close
South Ockendon
Essex
RM15 6JA
COMPANY NUMBER
09213121
CHARITY NUMBER
1161558
ACCOUNTANTS
Swan Accounting Services
Accounting & Business Consultancy
FFOF25A
CEME Innovation Centre
Rainham
RM13 8EU

SOWERS MINISTRIES INTERNATIONAL

ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
CONTENTS
Page
Report of the Trustees3
Statement of Financial Activities4
Balance Sheet5
Notes to the Accounts6 to 9
Detailed Statement of Financial Activities8

SOWERS MINISTRIES INTERNATIONAL

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
TRUSTEES' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
The trustees present their report and accounts for the year ended 30 September 2023
PRINCIPAL ACTIVITIES
The principal activity of the charity in the year under review was Activities of religious organisations .
STRUCTURE GOVERNANCE AND MANAGEMENT
The organization is a charitable company limited by guarantee, incorporated on 9 September 2014. The Memorandum of association establishes the objects and powers of the charitable company and is governed under its articles of Association.
The directors are responsible for the general control and management of the charity. The directors give their time freely and receive no remuneration or other financial benefits. The directors meet regularly and are responsible for taking decisions in relation to the smooth functioning of the charity. The directors have set up sub-committees to assist them oversee certain aspect of the charity's work.
The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on 11 September 2024
Joceclyn Cheryl BOSSMAN
Trustee

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Statement of Financial Activities
for the year ended30 September 2023
20232022
Unrestricted fundsRestricted fundsTotalTotal
££££
Income
Income from generated funds
Donations and legacies42,924-42,92421,354
Total Income and endowments42,924-42,92421,354
Expenses
Costs of generating funds
Expenditure on Raised funds---35,780
Expenditure on Charitable activities15,129-15,12915,945
Total Expenses15,129-15,12951,725
Net gains on investments
Net Income27,795-27,795(30,371)
Gains/(losses) on revaluation of fixed assests
Net movement in funds:
Net income for the year27,795-27,795(30,371)
Total funds brought forward5,546-5,54635,917
Net funds carried forward33,341-33,3415,546
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

SOWERS MINISTRIES INTERNATIONAL

BALANCE SHEET AT 30 SEPTEMBER 2023
20232022
Notes££
CURRENT ASSETS
Cash at bank and in hand39,7585,546
39,7585,546
CREDITORS: Amounts falling due within one year36,416-
NET CURRENT ASSETS33,3425,546
TOTAL ASSETS LESS CURRENT LIABILITIES33,3425,546
CAPITAL AND RESERVES
Unrestricted funds5
General fund33,3425,546
33,3425,546
For the year ending 30 September 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of trustees on 11 September 2024 and signed on their behalf by
.............................
Joceclyn Cheryl BOSSMAN
Trustee
.............................
Martin Akpor SOWAH
Trustee

SOWERS MINISTRIES INTERNATIONAL

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
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.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. 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.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
2. EMPLOYEES
20232022
No.No.
Average number of employees--

SOWERS MINISTRIES INTERNATIONAL

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Other creditors6,416-
6,416-
4. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £, to the company should it be wound up. At 30 September 2023 there were members.
5. UNRESTRICTED FUNDS
Brought forwardIncoming resourcesOutgoing resourcesTransfersCarried forward
£££££
General fund5,54642,924(15,128)-33,342
5,54642,924(15,128)-33,342
6. RESTRICTED FUNDS
Brought forwardIncoming resourcesOutgoing resourcesTransfersCarried forward
£££££

SOWERS MINISTRIES INTERNATIONAL

Incoming Resources
for the year ended30 September 2023
20232022
££
Incoming resources
Incoming resources from generated funds
42,92421,354
42,92421,354

SOWERS MINISTRIES INTERNATIONAL

Expenses
for the year ended30 September 2023
20232022
££
Expenses
Costs of generating funds
Fundraising Trading Costs
Church Event 2022-35,780
-35,780
-35,780
Charitable Activities
Insurance360345
Rent4,5827,069
Accountancy fees1,250500
Professional fees-150
Instrumentalist fees5,6004,950
Refreshment and church Up keep643-
Stationery & office supplies1,154346
Telephone 419301
Global payment-Card charges9651,131
Bank charges156-
Interest on loans repayable within 5 years-1,153
15,12915,945
15,12951,725