## _Report of the Directors and_ _Unaudited Financial Statements for the Year Ended 30 June 2024_ _for_ _Living Christ Mission_ _Living Christ Mission_ _Contents of the Financial Statements for the Year Ended 30 June 2024_ ||_Page_| |---|---| |_Company Information_|_1_| |_Report of the Directors_|_2_| |_Profit and Loss Account_|_3_| |_Balance Sheet_|_4_| |_Notes to the Financial Statements_|_5_| |_Profit and Loss Account_|_8_| _Living Christ Mission_ _Company Information for the Year Ended 30 June 2024_ _Michael Onyema Chinyere Daddy HGTMRP Hezekiah Osondu Onukogu Victor Edozie_ ## _**DIRECTORS:**_ _Egejuru Onukogu_ ## _**REGISTERED OFFICE:**_ ## _**REGISTERED NUMBER:**_ _Angel Community Centre Raynham Road London N18 2JF 03216647 (England and Wales)_ Page 1 _Living Christ Mission_ ## _Report of the Directors_ _for the Year Ended 30 June 2024_ _The Trustees present their report with the financial statements of the company for the year ended 30 June 2023._ _The trustees who are also the 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 30 June 2023. The trustees have adopted the provisions of the Statements of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005._ ## _**TRUSTEES**_ _The Trustees during the year under review were:_ _Michael Onyema Chinyere Daddy HGTMRP Hezekiah Egejuru Onukogu Osondu Onukogu Victor Edozie_ ## _**STRUCTURE, GOVERNANCE AND MANAGEMENT**_ ## _**Governing Documents:**_ _The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006._ ## _**Risk Management:**_ _The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error._ ## _**APPROVED ON BEHALF OF THE BOARD:**_ _........................................................................ Director /Trustee - Victor Edozie_ _Date: ............................................._ Page 2 ## _Living Christ Mission_ ## _Profit and Loss Account for the Year Ended 30 June 2024_ |_Notes_
**_INCOMING RESOURCES_**
**_RESOUCES EXPENDED_**
**_Charitable Activities_**
_Governance costs_
_Charitable_
**_NET INCOMING (OUTGOING)_**
**_RESOURCES BEFORE OTHER_**
**_INCOME_**
_2_
_Interest receivable and similar income_
**_NET INCOMING (OUTGOING)_**
**_RESOURCES AFTER OTHER_**
**_INCOME_**
_Tax on profit on ordinary activities_
_3_
**_NET INCOMING (OUTGOING)_**
**_RESOURCES_**
**_RECONCILIATION OF FUNDS_**
_Total funds brought forward_|_30.6.24_
_£_
_£_
_122,397_
_35,604_
_85,279_
_120,883 _
_1,514_
_-_
_1,514_
_-_
_1,514_
_1,514_
_5,933_
**_7,447_**|_30.6.23_
_£_
_4,723_
_33,636_|_£_
_47,170_
_38,359_
_8,811_
_93_
_8,904_
_-_
_8,904_| |---|---|---|---| ||||_8,904_
_9,470_| ||||**_18,374_**| The notes form part of these financial statements Page 3 _Living Christ Mission_ ## _Balance Sheet_ |_30 June 2024_
_Notes_
**_FIXED ASSETS_**
_Tangible assets_
_4_
**_CURRENT ASSETS_**
_Debtors_
_5_
_Cash at bank and in hand_
**_CREDITORS_**
_Amounts falling due within one year 6_
**_NET CURRENT ASSETS_**
**_TOTAL ASSETS LESS CURRENT_**
**_LIABILITIES_**
**_FUNDS_**
**_Unrestricted Funds_**
_7_|_30.6.24_
_£_
_5_
_8,539_
_8,544_
_1,231_|_30.6.23_
_£_
_£_
_£_
_134_
_288_
_6_
_18,762_
_18,768_
_683_
_7,313_
_18,085_
_7,447_
_18,373_
_7,447_
_18,373_
_7,447_
_18,373_| |---|---|---| _The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024._ _The members have not required the charitable company to obtain an audit of its financial statements for the year ended 30 June 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 which 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._ _The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008)._ _The financial statements were approved by the director on 26 March 2024 & were signed by:_ ## _**ON BEHALF OF THE BOARD:**_ _........................................................................ Director/Trustee - Victor Edozie Approved by the Board on ............................................._ The notes form part of these financial statements Page 4 _Living Christ Mission_ _Notes to the Financial Statements_ _for the Year Ended 30 June 2024_ ## _1._ _**ACCOUNTING POLICIES**_ ## _**Accounting convention**_ _The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities._ ## _**Incoming resources**_ _All incoming resources are included in the Statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy._ ## _**Tangible fixed assets**_ _Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life._ _Plant and machinery etc -20% on reducing balance_ ## _**Tax**_ _The charity is exempt from corporation tax on its charitable activities._ ## _**Fund accounting**_ _General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes._ _Investment income, gains and losses are allocated to the appropriate fund._ ## _2._ _**NET INCOMING (OUTGOING) RESOURCES BEFORE OTHER INCOME The Net Incoming is stated after charging**_ _The operating profit is stated after charging:_ ||||_30.6.24_|_30.6.24_|_30.6.24_|_30.6.23_|_30.6.23_| |---|---|---|---|---|---|---|---| |||||_£_|||_£_| |||_Depreciation - owned assets_||_154_|||_154_| |||_Directors' emoluments and other benefits etc_|||_-_||_-_| |_3._||**_INVESTMENT INCOME_**|||||| ||||_30.6.24_|||_30.6.23_|| ||||_£_|||_£_|| |||_Deposit account interest_||_-_|||_-_| ||_4._|**_TANGIBLE FIXED ASSETS_**|||||| |||||||_Plant and_|| |||||||_machinery_|| ||||||||_etc_| ||||||||_£_| |||**_COST_**|||||| |||_At 1 July 2023_|||||| |||_and 30 June 2024_||||_8,650_|| |||**_DEPRECIATION_**|||||| |||_At 1 July 2023_||||_8,362_|| |||_Charge for year_|||||_154_| |||_At 30 June 2024_||||_8,516_|| |||**_NET BOOK VALUE_**|||||| |||_At 30 June 2024_|||||_134_| |||_At 30 June 2023_|||||_288_| continued... Page 5 _Living Christ Mission_ _Notes to the Financial Statements - continued for the Year Ended 30 June 2024_ |_5._|**_DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR_**|||| |---|---|---|---|---| |||_30.6.24_||_30.6.23_| |||_£_||_£_| ||_Trade debtors_||_5_|_6_| |_6._|**_CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR_**|||| |||_30.6.24_||_30.6.23_| |||_£_||_£_| ||_Trade creditors_||_31_|_33_| ||_Other creditors_|_1,200_||_650_| |||_1,231_||_683_| |_7._|**_MOVEMENT IN FUNDS_**|||| |||||_Profit_| |||||_and loss_| |||||_account_| |||||_£_| ||_At 1 July 2023_|||_5,933_| ||_Net Movement in funds for_|||_1,514_| ||_the year_|||| ||_At 30 June 2024_|||_7,447_| Page 6 This page does not form part of the statutory financial statements Page 7 ## _Living Christ Mission_ ## _Profit and Loss Account for the Year Ended 30 June 2024_ |**_INCOMING RESOURCES_**
**_Incoming resources from generated funds_**
**_Other income_**
_Deposit account interest_
**_Resources Expended:_**
**_Charitable activities & Governance Costs_**
_Paster's Services_
_Rent, rates and water_
_Light and heat_
_Telephone_
_Post and stationery_
_Volunteers Expenses_
_Travelling_
_Repairs and renewals_
_Household and cleaning_
_Sundry expenses_
_Functions & Events_
_Accountancy_
_Legal fees_
_Donations_
_Depreciation of tangible fixed assets_
_Computer equipment_
**_NET INCOME_**|_30.6.24_
_£_
_£_
_122,397_
_-_
_122,397_
_35,604_
_9,015_
_115_
_322_
_2,053_
_12,677_
_3,567_
_1,913_
_570_
_89_
_11,010_
_1,200_
_284_
_42,310_
_154_
_120,883 _
_1,514_|_30.6.23_
_£_
_4,723_
_4,475_
_361_
_508_
_724_
_4,920_
_-_
_897_
_348_
_515_
_8,959_
_650_
_250_
_10,875_
_154_|_£_
_47,170_
_93_
_47,263_
_38,359_
_8,904_| |---|---|---|---| This page does not form part of the statutory financial statements Page 8