## **LIVING FAITH BIBLE CHURCH** ## **TRUSTEES ANNUAL REPORT FOR YEAR ENDING 31[ST] DECEMBER 2022** The Living Faith Bible Church is constituted by Deed of Trust and is a Registered Charity. Number 1063866. Its address is at 57 Marine Tower, Abinger Grove, Deptford, London SE8 5UY. The Charity’s Trustees during the year to 31[st] December 2022 were: Rev. Emmanuel Onotota Chairman Mr. Bamidele Odebode Mrs. Rachel Onotota Pastor Sydney Ahamefula Mrs Adebunmi Ikpefuran Secretary The object of the Charity is to advance the Christian Faith in accordance with the statements of Beliefs; to relieve persons who are in conditions of need or hardship or who are aged or sick, and to relieve the distressed; to promote and fulfil other charitable purposes beneficial to the community in London, and in such other parts of the United Kingdom or the world, as the Trustees may from time to time think fit. To meet its objectives, the charity meets for Christian Worship Services On Sundays, Teaching and Meetings on Wednesdays, and Prayer Meetings on Fridays. It also held special meetings and other social events such as cinema outings, golfing for youths, Fun-Time in the Park for the whole family and members of the community were invited and attended these socials. At the moment the Charity is still hiring a hall to hold these meetings. The Charity is dependent on its members for funding to help meet her objectives. To this end £34330 was raised from which over £17178 was given by the Charity to help advance the Christian Faith both here in the United Kingdom and in other parts of the World, and to meet our other objectives. The Charity continues to distribute Christian literature in the city where it is registered. Furthermore, the Charity was able to continue to give funds to other United Kingdom based Charities in their missionary work both in the UK and other parts of the world that meets our objectives. The Charity was also involved with the other faith based initiative and activities arrange for the communities where we serve. The Charity also provided from its Benevolent Fund help to members in the church that are in need due the increase in cost of living. Unspent income reserves as at 31[st] December 2022 were equivalent to twelve months of normal operating expenditure, which is above the approved level of six months, unspent income reserves. This position is being maintained. The Trustees consider that it is adequate to meet our objectives, and for the size of the Trust. The Charity has no plans at the moment for a major capital project but this position is constantly being reviewed. It will continue to raise its funds from its members and will also continue to work closely with other local, national and international agencies to advance the Christian Faith through missionary giving. There are no serious incidents or other matters relating to the Charity over the previous financial period that we should have brought to your attention but have not. Rev. Emmanuel Onotota, Chairman On behalf of the Board of Trustees. ## **LIVING FAITH BIBLE CHURCH, DEPTFORD** ## **Financial Statement for the year ended 31st December 2022** |Receitps and Payments Account
**2022**
Donations
Offerings
Tithes
20920
Offering
5411
Building Fund
210
Missionary
1184
Tax Refund
6539
Interest Received
66
34330
Charitable Activity Direct Expenditure
Youth Ministry
Missionary Gifts
14435
Tithes
823
Music
0
Benevolent Gifts
1920
17178
Premise Costs
Rent & insurance
878
878
Outreach
Outreach
0
0
Adminstration Costs
Stationery
1645
Post & Telephone
1438
Travel & Sundries
7474
Petty Cash
2114
12671
30727
Excess of Payments over Receipts
3603
Balance as at 1st January 2021
79005
3603
82608
Represented by:
Bank Current A/c
32162
Bank Instant Access A/c
50446
82608
**Summary of Receipts and Payments**|**2021**
18531
7984
230
1610
5453
16
33824
451
14046
742
0
927
16166
0
0
2250
2250
893
1190
6714
1614
10411|**2021**
18531
7984
230
1610
5453
16
33824
451
14046
742
0
927
16166
0
0
2250
2250
893
1190
6714
1614
10411| |---|---|---| ||28827
**4997**|28827| ## **REPORT OF THE INDEPENDENT EXAMINER.** TO THE MANAGING TRUSTEES AND MEMBERS OF LIVING FAITH BIBLE CHURCH, DEPTFORD IN RESPECT OF THE ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2022 I report on the accounts of the Trust for the year ended 31[st] December 2022. ## **Respective responsibilities of trustees and examiner.** The Charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: Examine the accounts under section 145 of the 2011 Act Follow the procedures laid down in the General Directions given by the Charity State whether particular matters have come to my attention. ## **Basis of Independent examiner’s report.** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and procedures undertaken do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement.** In connection with my examination, no matter has come to my attention: 1. Which gives me reasonable cause to believe that in any material respect the requirements - To keep accounting records in accordance with Section 130 of the 2011 Act: and - comply with the accounting requirement of the 2011 Act. Have not been met; or 2. to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date: 01/04/2023 Signed Name: David Robinson