Brooks of Life Ministries International - Charities report

REGISTERED COMPANY NUMBER: 04013231 (England and Wales)

REGISTERED CHARITY NUMBER: 1093970

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

BROOKS OF LIFE MINISTRIES INTERNATIONAL

LIMITED

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

to

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

15

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objectives and activities

Objectives and aims

The mission of Brooks of Life Ministries International is to foster spiritual transformation, digging the wells of revival, in strategic cities in the UK, all over Europe, Africa, America and other parts of the world as the Lord leads.

Our aim is to follow the example of our Lord Jesus Christ as recorded in (Luke 4:43)"we must preach the kingdom of God to other cities also, because for this purpose we have been sent"

Thus its our commitment to penetrate and saturate major urban areas with the Gospel of the Kingdom and so we believe in missions long term and short term.

Achievements and performance

Charitable activities

A wide variety of activities have been undertaken during the year in relation to the charities objects, including prayer meetings, events and conferences and a bible school.

Financial review

Principal funding sources

Incoming resources in the year were £119,034 (2023 £52,576). No incoming resources were related to project restricted activities in either year.

A surplus of £10,944 was made in the year (2023 £12,256). At 31st December 2024 total reserves were £10,944, (2023 £12,256 of which £10,944 represented unrestricted funds (2023 £12,256).

Reserves policy

The Trustees have considered the level of unrestricted funds that it is appropriate for the charity to maintain over the coming twelve months. It is not considered necessary to maintain a significant level of reserves, since the charitable company has no operating lease or loan commitments. The current level of reserves is therefore considered satisfactory.

Structure, governance and management

Governing document

Brooks of Life Ministries International Limited is governed by its Memorandum and Articles of Association and was incorporated as a company limited by guarantee without share capital on 13 June 2000. It was registered as a charity on 30th September 2002.

Recruitment and appointment of new trustees

The directors/trustees are elected at the Annual General Meeting.

Related parties

All related party transactions have been disclosed elsewhere in the notes to the accounts.

Reference and administrative details

Registered Company number

04013231 (England and Wales)

Registered Charity number

1093970

Registered office

Artisans House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

Trustees

Mr H Chipungu Director

Rev A M Goretti Minister of religion

Mr H G Thuo Music Producer

Mr T J Dewa Trustee

Company Secretary

Bishop A Njeri

Independent Examiner

Cobley Desborough

Chartered Certified Accountants

Chartered Tax Advisers

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

Approved by order of the board of trustees on 16 September 2025 and signed on its behalf by:

Mr T J Dewa - Trustee

Independent examiner's report to the trustees of Brooks of Life Ministries International Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr J R Cobley

Cobley Desborough

Chartered Certified Accountants

Chartered Tax Advisers

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

16 September 2025

2024

2023

Unrestricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

119,024

52,571

Investment income

2

10

5

Total

119,034

52,576

EXPENDITURE ON

Charitable activities

General

120,346

49,261

NET INCOME/(EXPENDITURE)

(1,312

)

3,315

RECONCILIATION OF FUNDS

Total funds brought forward

12,256

8,941

TOTAL FUNDS CARRIED FORWARD

10,944

12,256

2024

2023

Unrestricted

Total

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

7

2,601

1,303

CURRENT ASSETS

Debtors

8

8,338

14,800

Cash at bank

5,740

4,800

14,078

19,600

CREDITORS

Amounts falling due within one year

9

(3,784

)

(3,897

)

NET CURRENT ASSETS

10,294

15,703

TOTAL ASSETS LESS CURRENT LIABILITIES

12,895

17,006

CREDITORS

Amounts falling due after more than one
year

10

(1,951

)

(4,750

)

NET ASSETS

10,944

12,256

FUNDS

12

Unrestricted funds

10,944

12,256

TOTAL FUNDS

10,944

12,256

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 16 September 2025 and were signed on its behalf by:

Mr T J Dewa - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.

Tangible fixed assets

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

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	INVESTMENT INCOME

2024

2023

£

Deposit account interest

10

5

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024

2023

£

Depreciation - owned assets

328

436

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

5.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2024

2023

Staff

1

-

No employees received emoluments in excess of £60,000.

Subsistence allowances totalling £4,606 were paid during the year to Bishop Annie Njeri (2023 £4,717).

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

52,571

Investment income

5

Total

52,576

EXPENDITURE ON

Charitable activities

General

49,261

NET INCOME

3,315

RECONCILIATION OF FUNDS

Total funds brought forward

8,941

TOTAL FUNDS CARRIED FORWARD

12,256

7.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

Cost

At 1 January 2024

45,726

21,345

7,868

Additions

-

1,626

At 31 December 2024

45,726

21,345

9,494

Depreciation

At 1 January 2024

45,116

21,047

7,714

Charge for year

153

75

39

At 31 December 2024

45,269

21,122

7,753

Net book value

At 31 December 2024

457

223

1,741

At 31 December 2023

610

298

154

Motor

Office

vehicles

equipment

Totals

£

Cost

At 1 January 2024

2,450

9,941

87,330

Additions

-

1,626

At 31 December 2024

2,450

9,941

88,956

Depreciation

At 1 January 2024

2,392

9,758

86,027

Charge for year

15

46

328

At 31 December 2024

2,407

9,804

86,355

Net book value

At 31 December 2024

43

137

2,601

At 31 December 2023

58

183

1,303

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Other debtors

8,338

14,800

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Bank loans and overdrafts (see note 11)

3,000

Social security and other taxes

406

519

Other creditors & accruals

378

3,784

3,897

10.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

Bank loans (see note 11)

1,951

4,750

11.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

Amounts falling due within one year on demand:

Bank loans

3,000

Amounts falling between one and two years:

Bank loans - 1-2 years

1,951

3,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,750

12.	MOVEMENT IN FUNDS

Net

movement

At

At 1/1/24

in funds

31/12/24

£

Unrestricted funds

General fund

12,256

(1,312

)

10,944

TOTAL FUNDS

12,256

(1,312

)

10,944

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

119,034

(120,346

)

(1,312

)

TOTAL FUNDS

119,034

(120,346

)

(1,312

)

Comparatives for movement in funds

Net

movement

At

At 1/1/23

in funds

31/12/23

£

Unrestricted funds

General fund

8,941

3,315

12,256

TOTAL FUNDS

8,941

3,315

12,256

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

52,576

(49,261

)

3,315

TOTAL FUNDS

52,576

(49,261

)

3,315

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1/1/23

in funds

31/12/24

£

Unrestricted funds

General fund

8,941

2,003

10,944

TOTAL FUNDS

8,941

2,003

10,944

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

171,610

(169,607

)

2,003

TOTAL FUNDS

171,610

(169,607

)

2,003

13.	RELATED PARTY DISCLOSURES

In the year there were related party transactions with Airport Baptist Revival Church (Charity number 1202825, Company number CE032076) totalling £1038.43 which is shown in other debtors (2023 £Nil).