Charity number: 1020912
Living Springs Internatioanl Church
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2023

Living Springs Internatioanl Church
Contents Page
For the year ended 31 December 2023
Report of the Trustee5
Independent Examinerfs Report to the TTUSt88S
Statement ol FlnanGlal Activities
Statement of Financial Position
Notes lo thè Financial Slal$ments
5109
Dotailed SlalÈment of Financial Activities
101011

Living Springs Intematioanl Church
Report of the Trustees
For the year ended 31 December 2023
The Trustees have pleasure in presenting th8ir report and the financial staternents for the charity for Ihe year ended 31
December 2023. 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 tho Republic of Ireland (FRS 1021 {effeclive 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectlves and alms
The trustees have considered th8 Ch8rlty Commision's guidance on public b8nefft, includlng the guidance 'publlc benefit..
running a ch8rily IPB21'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Chorlty
Charfty rgglstrntlon nurnbgr
Prlnclpal addr•89
Living Springs Inlernatioanl Church
1020912
8-10 Devonshir8 Road
London
SE23 3TJ
Tru8tO08
The Iruste6s and officers S8Tving during the year and slnce the year en(1 were gs foll¢yws=
Mr Solomon Telfer
Ms Abena Titus Glover
kndepend¢nt •xamlnern
Marc Threè Ac¢ounlants
125 Sunnymead Avenue
Gilllngham
Kent
ME7 2E8
Approved by the Board of Trustees and signed on its behaw by
06 February 2025
Ms Abena Tftus Gktver
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Living Springs Intematioanl Church
Independent Examiners RetK)rt to the Trustees
For the year ended 31 December 2023
I report to the twsloes on my examIn￿10n of the of f(¥ 31 3321
Responsibilitles and basls of report
As the charity Iruslees. you are responsible for the preparation of the accounts ￿ accor￿ with •*
Charili8s Act 20111'lho 2011 Act'l.
report In respect of my examination of Ihe charil¢s accounts Carried out undef section 145 of the 2011 Acl and in (Xy￿
out my examination I have followed all tre applicable Directions given by the Charity Commission under section 1495Xbl of
the Act.
Ind8p8nd8nt examlners ststem•nt
I have completed my examinatlon. I confirm that no mallers have come to my attention in connectlon with Ihe examinabon
giving me cause to believe that in any materlal respect:
1. accountsng record8 were not kept Sn resp¢¢t of the Charity as r8qulred by section 130 of the 2011 Act- or
2. th8 accounts do not accord with Ihose records., or
3. tha acttounls do not comply with Ihe applicable requirements conceining the form and content of accounts sot out in tha
Charlties (Account5 and Reports) Regulations 2008 other than any requirement that the a¢￿untS give a 'lrue and fair vieY¥
which is not a matier considered as part of an indgpendent examination.
I have no concems and have come across no other matters In conn8clon wlth the examinatlon to which attonlion should be
drawn in thls report In order to enable a proper understanding of the accounts to be reached.
Marc Three Accounlancy
Chartered Certrfi8d Accountants
Marc Three Accountants
125 Sunnyme8d Avenue
Glllingham
Kent
ME7 2EB
06 February 2025
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Living Springs Internatioanl Church
Statement of Financial Activities
For the year ended 31 December 2023
Notes
un￿St￿Cted
funds
2022
Income and endowments from:
Donations and legacies
Inveslments
Other income
118,700
19
22,340
141.059
130,781
18
24.000
Total
154.799
Expendltur8 on:
Raising fund8
Charitsble activitiès
{133,030)
(3.780)
1136,810)
1142,9951
13,4301
<146,425)
617
Tolol
Not Income
Roeon¢llSatlon ol funds
Total funds brought forward
Ttstal funds carrlad forward
4,249
.374
664.492
664.492
668.741
672.866
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Living Springs Intematioanl Church
Statement of Financial Position
As at 31 December 2023
Flxed assets
Tangible assets
12
855.310
855,310
Cuvrgnt as$ots
Cash at bank and in hand
48,898
48,898
{25,4001
40,116
40.116
Cr•dSlors: amount¥ falling duo wlthln ono year
13
Not current assets
23.498
878,808
1210,0671
668,741
40,110
922.379
1249,5131
672,866
T¢)tsl a880ts ￿98 currént Ilabllltl•8
Cr•dltOTS: arnounts falllng due aft•r mor• than ono yoar
14
Net assots
Tho funds of tho charlty
Unrestrided Income funds
15
668,741
672,866
672,866
Total fund8
668,741
The financial statements were approved and authori$¢d lor issue by thè Board and signed on ils behalf by:
Ms Abena
Trustee
tus Glover
06 February 2025
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Living Springs Internatioanl Church
Notes to the Financial Statements
For the year ended 31 December 2023
l. Accounling Policies
Basis of accountlng
The financial slalemenls have been prepared under the historical cost c0nvenbc￿. except for investsrwts
included al market valLte and the rev8lualion of certain fixed assets and in accordance ¥wlh the CharitEs SORP IFRS
1021 'Accounling and Reporting by Charities.. Slatement of Recommonded Practice applicable to charTties preFwry tr
accounts in accordance with the Financial Reporting Sland8rd applicable in the UK and Republic of Ireland IFRS 11Y21
leffeclive 1 January 2019}', Financial Reporting Slandard 102 the Financlal Reporting Standard applicable in the UK and
Republic Df Ireland IFRS 1021. and the Charities AGI 2011.
Livlng Sprlngs Inlernalloanl Church meets the definitton of 2 public beneflt en￿tY under FRS 102. Assets and liabilllies
are Initially recognised at historical cost or transaction value unless otherwise staled in the relevant accounting policy
notsl$l.
2. In¢ome from donat10￿ •nd legacl88
2023
2022
Vnrestrlcted lund•
Donations received
118.700
115.077
Grants recelved
15.704
118.700
130,781
3. Inv•stment Incomo
2023
2022
Unr98tr+¢t•d funds
Bank intero31 receivable
19
18
19
4. Other Income
2023
2022
Unrostrlctod funds
Gains on dispos81 of tanglble
r￿ed 0s5el for charitls own use
22,340
Rental income
24.000
22,340
24,000
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Living Springs Internatioanl Church
Notes to the Financial Statements Continued
For the year ended 31 De￿Mber 2023
5. Expenditure on generating donatlons and lega¢loS
Unrestrlctsd fund$
Don8tions
80.790
SLFPPOrt costs
52,240
57,543
133.030
142.995
6. Costs of charltabl8 act5vRlos by fund type
2023
2022
Unregtrlctsd fund•
Support costs
3,780
3,430
7. Costs of charlt#blo a¢tlvltl•s by J¢tlvlty typo
2023
2022
Donatlons
3,780
3.430
8. Analy818 ol support
2023
2022
Voluntary Income
Management
Heallng, Llght & Power
Travelling
Telephone & Compute
Musicians
7.430
1.960
5.800
1.430
14.800
11,200
8,500
8,743
1.980
9,400
2,130
14.600
10.510
9,210
Paslorlal & Missionary
Volunteers & General
Expenses
Catoring &
Refreshments
1,320
970
Governance costs
3,780
3.430
56.020
60,973
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Living Springs Internatioanl Church
Notes to the Financial Statements Continued
For the year ended 31 December 2023
9. Net Incornel{expendlture) for the year
Thi5 is ststed after chargingl(crediting)-.
2023
20Z2
AccounlanGy fees
IGalnllLo$$ on dlspos81 of tangible fixed Bssèts
2,500
122.340)
2,500
10. Staff costs and emolumgnts
Total staff costs for the year end8d 31 December 2023 ware..
2023
2022
S8larte8 and wages
46,500
48,520
46,500
48,520
2023
2022
Volunteers
11. Comparntlve for tho Statom•nt of Flnan¢lal Actlvl¢l••
The comparative year values on tho Ststement of Flnancial Aclivites are for unrestricted funds.
12. Tanglbl• flxod as$•ts
Land and
Bullding8
Cost or valuatlon
Al 01 January 2023
Al 31 December 2023
1.347.617
1.347.817
Dopreclatlon
At 01 January 2023
465,354
Charge for year
At 31 December 2023
26.953
492.307
Net book valuos
At 31 De¢8mber 2023
855,310
At 31 December 2022
882,263
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Living Springs Intematioanl Church
Notes to the Financial Statements Continued
For the year ended 31 December 2023
13. Credltors.. amounts falllng due within one year
2023
2022
Other creditors
25,400
25.400
14. Crgditors: amounts falllng due after morg than one year
2023
2022
Other creditor8
210.067
249,513
210,067
249.513
15. Movement In fund8
Unrgstrlctod Funds
Balonce at
0110112023
Incomlng
rosources
Outgolng
resour¢e8
Balance at
3111212023
Gengr81
General
664,492
141,059
1136,810)
668,741
664492
141,059
1136,810)
668,741
Unrestrlcted Fund$ . Prevlous y•ar
Balance at
0110112022
Incomlng
ro8our¢o8
Outgolng
resourcgs
Balan¢e al
3111212022
Gen6r81
Gener81
664.492
154,799
(146,4251
672,866
664,492
154,799
1146,425
672.866
Purpose of unrnstricted Funds
General
To advance the Christian religion and education in religion: to relieve povety, hardship and digtress.
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Living Springs Internatioanl Church
Notes to the Financial Statements Continued
For the year ended 31 December 2023
16. Analysis of net as80ts batwepn funds
T•ng5ble
fixed assets
Net curf•nt
assotg 1
Illabllltles}
Crndltors >
one year
N•t Assèts
Unrestrlctad fund8
General
General
855,310
23,498
(210,0671
668,741
855,310
23,498
(210,067)
668.741
Prevlous year
Tanglblo
flxgd a88•ts
N•t ¢uff8nt
•ssets I
Credltors >
one y•ar
N•tANs•ts
Unrestrlcted tund$
G8n&ral
Genéral
882.263
40,116
1249.513)
672,866
882.263
40,116
1249.513)
672,866
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Living Springs Internatioanl Church
Detailed Statement of Financial Activities
For the year ended 31 Decernber 2023
2023
2022
INCOME AND ENDOWMENT
Donations and legacles
Donations
Grants receivable
118,700
115.077
15.704
118,700
130.781
Investments
Bank inter65t ￿CeIVable
19
18
19
18
Other Incomo
Gains on disposal of tangible fixed sssat for
har¢ty's own use
Rental Income
22,340
24,000
22.340
24,000
Total In¢omlng r080urce8
EXPENDITURE
141,059
154,799
Ralslng donatlonB and1ogacig8
Donatlons
(80,7901
185,452}
{80,790
{85,4521
SUPPORT COSTS
Management
Manag&ment
17.4301
(8,7431
17.430)
(8.7431
Heatlng, Llght & Power
Healing, Llghl & Power
11,960)
11.9801
(1,960)
{1,980)
Travelllng
Travelling
15.6001
19,4CWJI
(5.600>
19,4001
Telèphone & Computer8
Telephon8 & Computers
11,4301
12.1301
(1,430)
(2,130)
MusS¢lan$
Musicians
{14,800)
114,600}
114,800)
{14,600)
Pastorlal & Mlsslonary
Paslorial & Missionary
111,200)
110,5101
(11,200)
(10.510)
Volunteers & Genèral Expenses
Volunteers & General Expenses
{8,500}
{9,210)
18,500)
(9,210)
Catering & Refreshments
Catering & Relreshments
(1.320)
{9701
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Living Springs Internatioanl Church
Detailed Statement of Financial Activities Continued
For the year ended 31 December 2023
{1,320)
(970)
Govèrnance costs
Govemance costs
(3,7801
13,4301
13,780)
13,430)
Total r•8ourc88 •xpondad
1136.810)
1146,4251
Not InGomg
4.249
8,374
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