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THUMBPRINT FOUNDATION - Company Information

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(England and Wales)

Company number: 08519901

Charity number: 1152422

THUMBPRINT FOUNDATION

For the year ended 31 March 2018

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 March 2018

THUMBPRINT FOUNDATION

Contents Page

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Report of the Trustees

Independent Examiner's Report to the Trustees

Statement of Financial Activities

Statement of Financial Position

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Notes to the Financial Statements

For the year ended 31 March 2018

THUMBPRINT FOUNDATION

Report of the Trustees

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the

financial statements for the charitable company for the year ended 31 March 2018.

By the grace of God ,It has been a blessed and progressive year for Thumbprint .

The teachings that have been brought caused us to look at the reality of us as individuals and as a people , demonstrating

the Authentic Identity of God .

We equipped the people to identify those things that will cause us to neglect , lose or under appreciate our inheritances and

we realigned by Gods word to enjoy our inheritances that are ours in Christ .

We strengthened the capacity of the people to be the planting of the Lord for the display of His splendour and to simply

believe God at his word .

We encouraged a personal responsibility in watching over ourselves and our spiritual inheritances and in doing so , not to

permit a loss of our inheritances, but to cultivate and enjoy them.

We looked at the word of the lord for the year and applied some understanding to Gods positive reversal in our times and

seasons .

To simply believe and action the exchanges we have received at the cross of Jesus Christ.

We celebrated the greatness of God as a people and positioned ourselves as a congregation to simply follow Him in our

everyday lives, putting Him first in all things .

In knowing the confirmation from God that we are His approved workmen we practical application of the previous year "put

the tent peg of ownership in our spiritual ground as a stake in the ground " and built on this with a progressive practical

outworking of a personal relation with a personal saviour , by undergirding this with understanding that blessed are the pure

in heart and in choosing life that is set before us we shall daily worship God and enjoy Him forever.

We ran two 8 week prophetic training course where 35 individuals graduated with the understanding of the biblical

application of the prophetic and a personal understanding and function in this arena.

We ran a 8 week inter-generational family training course on authentic identity where non Thumbprint members attended .

Each individual testified to the spiritual growth they have experienced and continue to walk in.

We committed to 8 weeks of prophetic training primarily with the next generation leaders from other churches.

We had regular celebration fellowship gatherings which enabled new people to become grafted in to the assembly.

We had weekly outreach with The Well chair .

We had two dedications and four bat mitzvah's.

We continue to offer bible study for individuals .

We saw a change in our worship routine with our newlywed couple taking some time out and the regrouping of the worship

team.

We had a new worship team form that have continued to facilitate worship weekly.

We had the induction of 6 elders the previous year into leadership function, and we have seen an increase in the practical

functioning of eldership team in the preaching , teaching and facilitating prayer and pastoral responsibilities.

We celebrated our 8th anniversary as Thumbprint - the Well.

We actioned architect plans for the future development of the building and site of Thumbprint Church foundation.

We facilitated a start to "24/7 Burn " worship and have plans to have this intergenerational groupings.

We have seen our regular Sunday attendance increase, and we have seen a healthy cross cultural representation of our city

emerge.

We have had overseas trips to Myanmar , Singapore .

Where God continued to show Himself strong , active and alert in performing His word.

We also made a number of ministry trips to London, and Scotland. God continues to be faithful to His word.

It has been a year where we continue to testify to the faithfulness and goodness of our God in the land of the living .

This has been a launch pad of encouragement for the continuation of Thumbprint Foundation.

In the year to come, we position to continue to look to God to direct our path.

FUTURE STEPS FOR THUMBPRINT

Funding - to apply for funding from Christian organisation for building update.

To write a Code of professional conduct and a code of prophetic protocols .

To offer this to others not part of Thumbprint but who attend the trainings and have expressed a desire for accountability in

this arena.

We intend to run training in dreams , visions , spiritual mapping and types of varied of prayer .

To encourage an active next generation participation in Thumbprint function.

To facilitate a fellowship time , to build our young ones in connecting with each other on a more personal level, in order to

build them up.

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For the year ended 31 March 2018

THUMBPRINT FOUNDATION

Report of the Trustees Continued

To continue to build according to Gods word, will and way.

And not allow a negative spiritual influence on the ground to take root.

As a Trust board we put our eyes on Jesus , the author and finisher of the faith, looking to God to show Himself strong and to

be magnified in our amidst.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

THUMBPRINT FOUNDATION

Name of Charity

Charity registration number

1152422

08519901

Company registration number

131 Lewes Road

Principal address

Brighton

East Sussex

BN2 3LG

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Dr Marie Anne ESSAM

Mr Gary Richard ESSAM

Rev Jerome Devakumar JOSEPH

Rev Grace Machelle Joseph

Andrew Alli ACMA

Independent examiners

KARE Financial Management Consultants Ltd

38 Sherwood Road, North Bersted

Bognor Regis

West Sussex

PO22 9DR

.............................................................................

Approved by the Board of Trustees and signed on its behalf by

30 June 2018

Mr Gary Richard ESSAM

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For the year ended 31 March 2018

THUMBPRINT FOUNDATION

Independent Examiners Report to the Trustees

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2018.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, 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 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 examiners 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 that in any material respect:

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 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.

Andrew Alli ACMA

KARE Financial Management Consultants Ltd

38 Sherwood Road, North Bersted

Bognor Regis

West Sussex

PO22 9DR

30 June 2018

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For the year ended 31 March 2018

THUMBPRINT FOUNDATION

Statement of Financial Activities (including Income and Expenditure Account)

Notes

2017

2018

Restricted

funds

Unrestricted

funds

Income and endowments from:

Charitable activities

127,485

96,837

5,021

122,464

Total

127,485

96,837

5,021

122,464

Expenditure on:

Charitable activities

(108,740)

(10,712)

(119,452)

(105,381)

3/4

Total

(119,452)

(105,381)

(10,712)

(108,740)

8,033

(8,544)

(5,691)

13,724

Net income/expenditure

Reconciliation of funds

Total funds brought forward

858,246

849,328

11,967

837,361

Total funds carried forward

851,085

6,276

857,361

849,702

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As at 31 March 2018

THUMBPRINT FOUNDATION

Statement of Financial Position

Registered Number :

08519901

Notes

2018

2017

Fixed assets

Tangible assets

850,000

Current assets

Cash at bank and in hand

8,161

252

8,161

252

Creditors: amounts falling due within one year

(800)

(550)

Net current assets

7,361

(298)

Total assets less current liabilities

857,361

849,702

Net assets

857,361

849,702

The funds of the charity

Restricted income funds

6,276

11,967

Unrestricted income funds

851,085

837,735

Total funds

857,361

849,702

For the year ended 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,

The trustees 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.

The financial statement were approved and authorised for issue by the Board and signed on its behalf by:

30 June 2018

Mr Gary Richard ESSAM

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For the year ended 31 March 2018

THUMBPRINT FOUNDATION

Notes to the Financial Statements

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. THUMBPRINT FOUNDATION meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

Incoming resources

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Resources expended

Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:

2. Income from charitable activities

2017

2018

Restricted

funds

Unrestricted

funds

Donations

76,357

61,193

Income from charitable

activities

30,500

1,272

Gifts in Kind

13,847

26,812

Gift Aid

120,704

89,277

Giving

5,021

7,560

Giving

Building Repairs Project Fund

1,760

Income from Hall use

96,837

127,485

5,021

122,464

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For the year ended 31 March 2018

THUMBPRINT FOUNDATION

Notes to the Financial Statements Continued

3. Costs of charitable activities by fund type

2017

2018

Restricted

funds

Unrestricted

funds

Giving

Direct cost

Giving

4,244

Cost of Overseas ministry

Trips

Direct cost

8,515

Cost of flights to mission

trips including hotel stay and

subsistence

19,264

10,712

8,552

3,280

Subsistence

136

243

8,688

10,712

12,038

19,400

Administration

Direct cost

1,610

Plumbing

310

Conference Fees

498

Mobile Phone

2,198

481

Other Expenses

545

Grant funded cost

5,135

2,329

Bank charges

305

Music licence fee

251

Council Tax

2,420

Professional indemnity

Insurance

1,967

Administration

3,414

1,200

Window Cleaning

720

240

12,135

11,611

12,135

Governance Cost

Direct cost

600

Accountancy Fees &

Independent Examiner's

Fees

800

1,490

Insurance

2,981

889

Gift aid admin fees

1,385

Grant funded cost

293

282

Professional Services

120

2,681

Travel Expenses/Mileage

472

144

6,064

6,086

6,064

Ministry

Direct cost

2,500

Honorarium

59,338

50,500

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For the year ended 31 March 2018

THUMBPRINT FOUNDATION

Notes to the Financial Statements Continued

Birthday card ministry

120

140

Ministry

2,858

Grant funded cost

Ex-gratia payment

22,506

Ministry consultancy cost

15,293

77,609

75,646

77,609

108,740

10,712

105,381

119,452

5. Tangible fixed assets

Land and

buildings

Cost or valuation

850,000

At 01 April 2017

At 31 March 2018

850,000

Net book values

At 31 March 2018

At 31 March 2017

850,000

The depreciation charge for the year is £(3,414) in respect of assets leased under finance leases or hire purchase contracts.

6. Creditors: amounts falling due within one year

2018

2017

Accruals and deferred income

800

550

800

550

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