TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2020
The trustees present their report and the accounts
for the year ended March 31, 2021. The accounts have
been prepared in accordance with the statement of
Recommended Practice and applicable law.
Objective of the Charity, Principal Activities and
Organisation of our work:
Life chapel Ministries (LCM) is a company limited by guarantee and not having a share capital. The objectives of LCM are:
a)to advance the Christian religion for the public
in accordance with the doctrines of our Lord
Jesus Christ, through the holding of prayer
meetings, lectures, seminars evangelism,
distributing of literatures and tracts,
broadcasting and such charitable means as the
trustees consider appropriate; and
b)the relieve of poverty, sickness and distress as
a result of war, famine and any other natural or
man made disasters within the United Kingdom and
other part of the world by such charitable means
as the trustees consider appropriate.
The principal activities of the church are
Christian worship, Christian outreach program to
increase Christian awareness and to spread the
gospel of our Lord Jesus Christ and the development
of the whole man- spiritually, mentally (soul) and
physically (bodily).
We have a number of well trained volunteers who
assist in helping us achieve our objectives.
Life Chapel was incorporated as accompany by
quarantee on 21[st] march 1997 and became a registered
charity on the 11[th] of March 1999. The charity
ministers to the needs of various social groups
within and outside the Church.The charity provides
forum for manpower development for its members to be
equipped educationally, socially and spiritually. It
offers various counselling sessions to the needy,
unemployed and educational and provides moral support
and makes referral when ever the need arises.
Life Chapel’s services are held at a leased premise
in 531-535 Ilford High Road – Ilford-Essex and has
continued to introduce programs geared towards the
development of the whole man.
During the period under review charitable,
educational and pastoral - Support care was provided
for the people in need and the demand for the
service/support continue to grow due to the growth in
public awareness in Christian religion.
LIFE CHAPEL MINISTRIES
TRUSTEES’ REPORT (CONTINUED)
STATEMENT OF TRUSTEE’S RESPONSIBILITIES
The charities act requires the trustees to prepare
financial statements for each financial year which
give a true and fair view of the state of affaires of
the charity and of the surplus or deficit of the
charity for that period. In preparing these financial
statements, the trustees are required to;
-
Select suitable accounting policies and then apply them consistently; -
- Make judgements and estimates that are reasonable and prudent; -
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; -
Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in
operation.
The trustees are responsible for keeping proper
accounting records, which disclose with reasonable
accuracy at any time the financial position of the
charity and to enable them to ensure that the
financial statements comply with the charities act.
They are also responsible for safeguarding the assets
of the charity and hence for taking reasonable steps
for the prevention and detection of fraud and other
irregularities.
Trustees
The members of the trustees during the year were
. Reverend Samuel McCrees Yanson
. Mrs Andrea B. Soa and
. Ms Vanessa Baffour
. Mr.Zadi.M. Douzoh
Approval
The report was approved by the board on the
30/12/2021.......and signed on its behalf by
Mrs Andrea Soa Baffour DATE:
18/01/2022
Independent Examiner’s Report to the trustees of Life Chapel
Ministries”
I report on the accounts of the charity for the year ended 31 March
2021
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 of the Charities Act
2011(the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts (under section 145 of the charities Act; -
to follow the procedures laid down in the general directions given by the charity commissioners (under section 145(5)(b) of the Charities Act); and -
to state whether particular matters have come to my attention.
Basis of independent examiners 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 unusual items or disclosures in the
accounts, and seeking explanations from you as trustees concerning any
such matters. The procedures undertaken do not provider all the
evidence that would be required in an audit, and consequently, I 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 Charities ACT; AND -
TO PREPARE ACCOUNTS WHICH ACCORD WITH THE ACCOUNTING RECORDS AND COMPLY WITH THE ACCOUNTING REQUIREMENTS OF THE CHARITIES 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.
Sam Geoffery (BA Hons,MATT) Consultant- RI Abdual (AccA)
Charity Overview
Activities
THE CHARITY MINISTERS TO THE NEEDS OF VARIOUS SOCIAL GROUPS WITHIN AND
OUTSIDE THE CHURCH. THE CHARITY PROVIDES A FORUM FOR MANPOWER
DEVELOPMENT FOR ITS MEMBERS TO BE EQUIPPED EDUCATIONALLY, SOCIALLY AND
SPIRITUALLY (WHOLENESS). IT OFFERS COUNSELLING SESSIONS TO THE NEEDY,
UNEMPLOYED AND MAKES REFERRALS WHEN EVER THE NEED ARISES AND ASSIST IN
THE PROVISION OF FACILITIES FOR RECREATION IN THE INTERTEST OF SOCIAL
WELFARE FOR THOSE IN NEED OF SUCH FACILITIES BY REASON YOUTH,AGE
INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC
CIRCUMSTANCES.
Contact & trustees
Contact
Tel: 0203 6452180 /07983024329
Reverend George Kennedy
Life Chapel Ministries Ltd
52MemorialAvenue
West Ham London
E15 3Bs
Charity trustees
Rev. Samuel McCrees Yanson
Mrs Andrea Soa Vanessa Baffour
MR. Zadi.M.Douzoh
Charity framework
Date of registration
11 march 1999
Classification
What
. GENERAL CHARITABLE PURPOSES
. RELIEF OF POVERTY
. RELIGIOUS ACTIVITIES
WHO
. GENERAL PUBLIC/MANKIND
HOW
. PROVIDE SERVICES
AREA OF BENEFIT
. NATIONAL AND OVERSEAS – IN PRACTICE WORLDWIDE
WHERE THE CHARITY OPERATES
. THROUGHOUT ENGLAND AND WALES
LIFE CHAPEL MINISTRIES LIMITED
COMPANY REGISTRATION NUMBER 3337314 CHARITY REGISTRATION NUMBER 1074632 REGISTERED IN ENGLAND & WALES
REPORT & ACCOUNTS FOR THE YEAR ENDED
31[ST] MARCH 2021
LIFE CHAPEL MINISTRIES LIMITED
ANNUAL REPORT & ACCOUNTS
FOR THE YEAR
ENDED 31[ST] MARCH 2021
TABLE OF CONTENTS
| TABLE OF CONTENTS | |
|---|---|
| PAGES | |
| TRUSTEES REPORT | 1 |
| BALANCE SHEET | 2 |
| RECEIPT AND EXPENDITURE ACCOUNTS | 3 |
| STATEMENT OF INCOME AND EXPENDITURE | 4 |
| NOTES OF THE ACCOUNTS | 5 |
LIFE CHAPEL MINISTRIES LIMITED
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021
The trustees present their report and the accounts for the year ended March 31, 2021.
PRINCIPAL ACTIVITIES AND REVIEW OF BUSINESS:
LCM is a charitable organization established for the purpose of advancing the Christian Religion, relieve poverty, sickness and distress as a result of war, famine and any other natural or manmade disasters within the United Kingdom and other part of the world.
Furthermore, to provide moral support, education and counselling to multi-cultural communities in U.K. (in particular within the Borough of Newham and Redbridge- Ilford).
During the period under review charitable, educational and pastoral support care was provided for the people in need and the demand for the services and supports continue to grow due to the growth in public awareness in Christian Faith religion.
ACCOUNTANTS:
Vg & Co (Accountant & Management Consultant) and Registered Auditors were appointed as the Ministry’s accountant and they have indicated their willingness to continue in office.
The trustees approved their willingness after taking advantage of special exemptions available to small charity organizations.
Signs on behalf of the trustees,
George Kennedy
Director
LIFE CHAPEL MINISTRIES LIMITED
BALANCE SHEET FOR THE YEAR ENDED
| 31ST MARCH 2021 | ||
|---|---|---|
| NOTES | TOTAL (£) | |
| Fixed Asset | ||
| Musical | 3 | 54,883.08 |
| Equip/Computers | ||
| Current Asset | ||
| Cash At Bank | 4 | 4,520.80 |
| Total Assets | 59,403.88 | |
| FINANCED BY Accumulated Fund | 59,403.88 |
“For the financial year ended 31[st] March 2021 the company (Charity) was entitled to exemption under section 477 of the Companies Act 206 relating to small companies.
No members have required the Company to obtain an audit of its accounts for the year ending 31[st] March 2021 in accordance with section 476 of the companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provision application to companies subject to the small Companies regime.”
Approved by the board on 31 March, 2021
(George Kennedy)
Signed By Order of the Management committee director
Life CHAPEL MINISTRIES LIMITED
| LIMITED | ||
|---|---|---|
| RECEIPT AND EXPENDITURE | ||
| FOR THE YEAR ENDED | ||
| 31ST MARCH 2021 | ||
| £ | ||
| Turnover | 187,750.00 | |
| Expenses | 197,309.19 | |
| Minus | 9,559.19 | |
| Excess brought forward | 4,520.80 | |
| Excess (-ve) carried forward | 5,038.39 |
LIFE CHAPEL MINISTRIES LIMITED
INCOME AND EXPENDITURE FOR THE YEAR ENDED
31[ST] MARCH 2021
TURNOVER
£
Tithes and Offerings & pledges
| Tithes | and Offerings & pledges | 187,750.00 |
| Total Income | 187,750.00 | |
| Expenses | ||
| 1 | Rent, rates & Utilities | 90,000.00 |
| 2 | Pastoral & Welfare Expenses | 12,500.00 |
| 3 | Telephone & Media | 4,800.00 |
| 4 | Postage & Printing & Stationary | 2,000.00 |
| 5 | Convention Expenses | 8,000.00 |
| 6 | Special Projects | 3,000.00 |
| 7 | Equipment | 14,000.00 |
| 8 | Buses/transp. | 10,500.00 |
| 9 | Training & Musicians | 2,000.00 |
| 10 | Travels & Retreat | 2,000.00 |
| 11 | Guest Speakers | 30,000.00 |
| 12 | Refreshments | 2,100.00 |
| 13 | Administrative Allowance | 4,500.00 |
| 14 | Bank Interest | 0,900.00 |
| 15 | Depreciation | 11,009.19 |
| Total Expenses | 197,309.19 |
LIFE CHAPEL MINISTRIES LIMITED
NOTES TO THE ACCOUNT FOR THE PERIOD ENDED
31[ST] MARCH 2021
1. ACCOUNTING POLICIES
1.1 Basis of the preparation of accounts:
The accounts are prepared under the historical convention and incorporate the result of the Principal activity, which is described in the Trustees report. The group has taken advantage for the exemption in the Financial Reporting standard 1 (F. R. S.1) from the requirement to produce a Cash-flow statement on the ground that it is a small charity organization.
1. TURNOVER: This is gross receipt from ministries as follows:
| Turnover | £ | ||
|---|---|---|---|
| Tithes & Offerings | 187,750.00 | ||
| TOTAL | 187,750.00 | ||
| FIXED ASSET SCHEDULE | |||
| Musical Equip | Computers | Total | |
| Net value at start | 35,428.13 | 16,474.83 |
51,902.96 |
| Additions | 8,000.00 | 6,000.00 |
14,000.00 |
| Total | 43,428.13 |
22,474.83 |
65,902.96 |
| Depreciation | 6,514.22 | 4,494.97 |
11,009.19 |
| Net book value at close | 36,903.22 | 17,979.86 |
54,883.08 |
2. FIXED ASSET SCHEDULE
- Bank Balance: At the close of business. These stood as follows: Life Chapel Ministries £4,520.80
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2020
The trustees present their report and the accounts
for the year ended March 31, 2021. The accounts have
been prepared in accordance with the statement of
Recommended Practice and applicable law.
Objective of the Charity, Principal Activities and
Organisation of our work:
Life chapel Ministries (LCM) is a company limited by guarantee and not having a share capital. The objectives of LCM are:
a)to advance the Christian religion for the public
in accordance with the doctrines of our Lord
Jesus Christ, through the holding of prayer
meetings, lectures, seminars evangelism,
distributing of literatures and tracts,
broadcasting and such charitable means as the
trustees consider appropriate; and
b)the relieve of poverty, sickness and distress as
a result of war, famine and any other natural or
man made disasters within the United Kingdom and
other part of the world by such charitable means
as the trustees consider appropriate.
The principal activities of the church are
Christian worship, Christian outreach program to
increase Christian awareness and to spread the
gospel of our Lord Jesus Christ and the development
of the whole man- spiritually, mentally (soul) and
physically (bodily).
We have a number of well trained volunteers who
assist in helping us achieve our objectives.
Life Chapel was incorporated as accompany by
quarantee on 21[st] march 1997 and became a registered
charity on the 11[th] of March 1999. The charity
ministers to the needs of various social groups
within and outside the Church.The charity provides
forum for manpower development for its members to be
equipped educationally, socially and spiritually. It
offers various counselling sessions to the needy,
unemployed and educational and provides moral support
and makes referral when ever the need arises.
Life Chapel’s services are held at a leased premise
in 531-535 Ilford High Road – Ilford-Essex and has
continued to introduce programs geared towards the
development of the whole man.
During the period under review charitable,
educational and pastoral - Support care was provided
for the people in need and the demand for the
service/support continue to grow due to the growth in
public awareness in Christian religion.
LIFE CHAPEL MINISTRIES
TRUSTEES’ REPORT (CONTINUED)
STATEMENT OF TRUSTEE’S RESPONSIBILITIES
The charities act requires the trustees to prepare
financial statements for each financial year which
give a true and fair view of the state of affaires of
the charity and of the surplus or deficit of the
charity for that period. In preparing these financial
statements, the trustees are required to;
-
Select suitable accounting policies and then apply them consistently; -
- Make judgements and estimates that are reasonable and prudent; -
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; -
Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in
operation.
The trustees are responsible for keeping proper
accounting records, which disclose with reasonable
accuracy at any time the financial position of the
charity and to enable them to ensure that the
financial statements comply with the charities act.
They are also responsible for safeguarding the assets
of the charity and hence for taking reasonable steps
for the prevention and detection of fraud and other
irregularities.
Trustees
The members of the trustees during the year were
. Reverend Samuel McCrees Yanson
. Mrs Andrea B. Soa and
. Ms Vanessa Baffour
. Mr.Zadi.M. Douzoh
Approval
The report was approved by the board on the
30/12/2021.......and signed on its behalf by
Mrs Andrea Soa Baffour DATE:
18/01/2022
Independent Examiner’s Report to the trustees of Life Chapel
Ministries”
I report on the accounts of the charity for the year ended 31 March
2021
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 of the Charities Act
2011(the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts (under section 145 of the charities Act; -
to follow the procedures laid down in the general directions given by the charity commissioners (under section 145(5)(b) of the Charities Act); and -
to state whether particular matters have come to my attention.
Basis of independent examiners 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 unusual items or disclosures in the
accounts, and seeking explanations from you as trustees concerning any
such matters. The procedures undertaken do not provider all the
evidence that would be required in an audit, and consequently, I 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 Charities ACT; AND -
TO PREPARE ACCOUNTS WHICH ACCORD WITH THE ACCOUNTING RECORDS AND COMPLY WITH THE ACCOUNTING REQUIREMENTS OF THE CHARITIES 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.
Sam Geoffery (BA Hons,MATT) Consultant- RI Abdual (AccA)
Charity Overview
Activities
THE CHARITY MINISTERS TO THE NEEDS OF VARIOUS SOCIAL GROUPS WITHIN AND
OUTSIDE THE CHURCH. THE CHARITY PROVIDES A FORUM FOR MANPOWER
DEVELOPMENT FOR ITS MEMBERS TO BE EQUIPPED EDUCATIONALLY, SOCIALLY AND
SPIRITUALLY (WHOLENESS). IT OFFERS COUNSELLING SESSIONS TO THE NEEDY,
UNEMPLOYED AND MAKES REFERRALS WHEN EVER THE NEED ARISES AND ASSIST IN
THE PROVISION OF FACILITIES FOR RECREATION IN THE INTERTEST OF SOCIAL
WELFARE FOR THOSE IN NEED OF SUCH FACILITIES BY REASON YOUTH,AGE
INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC
CIRCUMSTANCES.
Contact & trustees
Contact
Tel: 0203 6452180 /07983024329
Reverend George Kennedy
Life Chapel Ministries Ltd
52MemorialAvenue
West Ham London
E15 3Bs
Charity trustees
Rev. Samuel McCrees Yanson
Mrs Andrea Soa Vanessa Baffour
MR. Zadi.M.Douzoh
Charity framework
Date of registration
11 march 1999
Classification
What
. GENERAL CHARITABLE PURPOSES
. RELIEF OF POVERTY
. RELIGIOUS ACTIVITIES
WHO
. GENERAL PUBLIC/MANKIND
HOW
. PROVIDE SERVICES
AREA OF BENEFIT
. NATIONAL AND OVERSEAS – IN PRACTICE WORLDWIDE
WHERE THE CHARITY OPERATES
. THROUGHOUT ENGLAND AND WALES