## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2023** ``` The trustees present their report and the accounts for the year ended March 31, 2023. 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.` ``` charitable means as the trustees consider appropriate; and ``` ``` 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. ``` ``` Development, Activitesand Achievements in the period ``` ``` 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 123 Ilford High Road, IG1 1TT 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 30/12/2023.......and signed on its behalf by ``` ``` Mrs Andrea Soa Baffour DATE: 18/01/2024 ``` ## **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 2023** ## **LIFE CHAPEL MINISTRIES LIMITED** # **ANNUAL REPORT & ACCOUNTS FOR THE** **YEAR ENDED** **31[ST] MARCH 2023** **TABLE OF CONTENTS PAGES TRUSTEES REPORT 1 BALANCE SHEET 2 RECEIPT AND EXPENDITURE ACCOUNTS 3 STATEMENT OF INCOME AND EXPENDITURE4 NOTES OF THE ACCOUNTS 5** ## **LIFE CHAPEL MINISTRIES LIMITED** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2023** The trustees present their report and the accounts for the year ended March 31, 2023. ## **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 man- made disasters within the United Kingdom and other part of the world. Furthermore, to provide moral support, education and counselling to multicultural 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 LIFE CHAPEL MINISTRIES LIMITED Director ## **LIFE CHAPEL MINISTRIES LIMITED** ## **BALANCE SHEET FOR THE YEAR ENDED** ||**ENDED**|| |---|---|---| ||**31ST MARCH**|| |||**TOTAL (£)**| ||**2023 NOTES**|| |Fixed Asset||| |Musical|3|52,239.69| |Equip/Computers||| |Current Asset||| |Cash At Bank|4|10,579.70| |Total Assets||62,819.39| |FINANCED BY|Accumulated Fund|**62,819.39**| “For the year ended 31[st] March 2023 the charity was entitled to exemption conferred by section 477 of the companies Act 206 relating to small companies. No members have required the company to obtain an audit for the year ending 31[st] March 2023 in accordance with section 476 of the companies Act 2006. The director’s acknowledge responsibilities 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 (Charity) subject to the small Companies regime.” Approved by the board on 31 March, 2023 (George Kennedy) ## **Signed By Order of the Management committee director** ## **Life CHAPEL MINISTRIES LIMITED** **RECEIPT AND EXPENDITURE FOR THE YEAR ENDED 31[ST] MARCH 2023** ||£|| |---|---|---| |Turnover|90,823.44|| |Expenses|101,000.94|| |Minus|10,177.50|| |Excess brought forward|10,579.70|| |Excess (-ve) carried forward|402.20|| ## **LIFE CHAPEL MINISTRIES LIMITED** **INCOME AND EXPENDITURE FOR THE YEAR ENDED 31[ST] MARCH 2023** ## TURNOVER £ |TURNOVER|TURNOVER|£| |---|---|---| |Tithes and Oferings & pledges||90,823.44| |Total|Income|**90,823.4**| |Expenses||| |1|Rent, rates & Utilities|| |||60,000.0| |||0| |2|Pastoral & Welfare Expenses|| |||4,00.00| |3|Telephone & Media|1,500.0| |||0| |4|Postage & Printing & Stationary|0,800.0| |||0| |5|Convention Expenses|3,000.0| |||0| |6|Special Projects|0,500.0| |||0| |7|Equipment|7,800.00| |8|Buses/transp.|| |||2,800.00| |9|Training & Musicians|1,000.0| |||0| |10|Travels & Retreat|0,800.0| |||0| |11|Guest Speakers|| |||5,000.00| |12|Refreshments|0,800.0| |||0| |13|Administrative Allowance|2,500.0| **90,823.44** ## **LIFE CHAPEL MINISTRIES** ## **LIMITED** - 14 Bank Interest 15 Depreciation Total Expenses 0 0,950.0 0 10,711. 94 **101,000.94** ## **LIFE CHAPEL MINISTRIES LIMITED** ## **NOTES TO THE ACCOUNT FOR THE PERIOD ENDED** 31[ST] MARCH 2023 ## **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 90,823.44 ## **TOTAL** **90,823.4 4** ## **2. FIXED ASSET SCHEDULE** Musical Equip Computers Total Net value at start 34,767.74 20,383.89 55,151.63 Additions 2,800.00 5,000.00 7,800.00 Total 37,567.74 25,383.89 62,951.63 Depreciation 5,635.16 5,076.78 10,711 .94 Net book value at close 31,932.58 20,307.71 52,239.69 3. Bank Balance: At the close of business. These ## **LIFE CHAPEL MINISTRIES** # **LIMITED** stood as follows: Life Chapel Ministries **£10,579.70** ``` 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 2023 ``` ``` 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) VG & CO, ST LUKES BUSINESS SUITE, CANNING TOWN, 85 TARLING ROAD LONDON , E16 1HN ``` ``` 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 Reverend George KennedyTel:02038396604 /07983024329 Life Chapel Ministries Ltd 56 Davington Road Dagenham - Essex RM8 2LR 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 ```