LIVING GOD'S TEMPLE Charity No. 1080698 Trustees' Report and Unaudited Accounts 31 March 2025
LIVING GOD'S CHURCH Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 3 to 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Activities | 8 |
| Summary Income and Expenditure Account | 9 |
| Balance Sheet | 10 |
| Notes to the Accounts | 11 to 13 |
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LIVING GOD'S CHURCH
Trustees Annual Report
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1080698
Principal Office
FIRST FLOOR 7 - 9 HALFORD STREET LEICESTER
LE1 1JA
Registered Office
FIRST FLOOR 7 - HALFORD STREET LEICESTER LE1 1JA
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:
P. ABABIO
E. ADJEI
D. CANACOO
- J. MARTINSON
Key Management Personnel
BISHOP JONAS MARTINSON
Accountants
RAK ACCOUNTING SOLUTIONS LIMITED 11 Louvaine Close Abbey Hey Manchester M16 8SJ
Bankers
LLOYDS TSB 7 HIGH STREET LEICESTER LE1 9FS
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LIVING GOD'S CHURCH Trustees Annual Report
OBJECTIVES AND ACTIVITIES
To propagate the Christian faith to the world through the establishment of local churches, cell groups and our Global Missions
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To advance the Christian faith (in accordance with the statement of beliefs) in such ways and in such parts of the United Kingdom and the world as the Trustees from time to time may think fit.
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To propagate the Christian faith to the world through our Global Missions and nurture the Church members into Christian maturity.
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To establish more churches, cell meeting, prayer bands and prayer satellites and raise leaders to further the objectives of the Great Commission according to Matthew 28:18 and to help people experience the love of God in body, mind and soul through biblical teaching, counselling, pastoral care, and support.
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To provide mentoring, nurturing, education, and other developmental activities in such ways that will help to achieve the objectives of the charity.
ACHIEVEMENTS AND PERFORMANCE
In an attempt to promote the objectives and activities of the Trust Deed, the Trustees managed to generate an income of £46,411 in this financial period (2024 £51,142). No Gift aid was claimed during the year. We were still recovering from the effects covid-19 pandemic lockdown. We resumed all physical weekly meetings, conferences and organizing other activities to raise funds. All the weekly church meetings, educational activities through regular Bible studies and leadership training to help equip Elders, Deacons, Heads of Department who serve in many ways to achieve the objective of the charity resumed in person. We however realised that not all members returned after the lockdown. We stepped up our efforts on membership drive.
In previous years, the Trustees administered funds where appropriate to relieve others from hardship, but not exclusively. The church auditorium had been offered to other community groups and organisations in the local community for meetings, conferences, and training in previous years.
The church in Pakistan which was established during the pandemic is doing well. Regular leadership training and monthly church conferences have been conducted via the zoom platform. The charity is planning with the bishop for him to visit the Pakistan church in the next financial year.
The charity resumed its involvement in serving its local community in many ways, such as the use of Christian gospel through preaching, teaching to help with the development of members of the local communities, in person. Also, we moved to a new premises at 7-9 Halford Street, Leicester, LE1 1JA from the old premises at 18A Halford Street, Leicester, LE1 1JB.
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The charity continued to mentor young people, particularly from Black minority ethnic groups to help improve their moral values and to be good members of the community. These have been achieved through one-to-one mentoring provision, question times and provision of pastoral support.
FINANCIAL REVIEW
A total sum of £46,411 (2024 £51,142) has been generated as unrestricted income through the efforts of the Trustees and spiritual leadership of the church. There were no HMRC gift aid claims during the year. The significant level in income in previous fiscal year prompted the Trustees to review the activities for generating income. It is expected that the financial position will improve over the subsequent years. Also, the Trustee use strict budgetary control and prudent ways of disbursing finance. Trustees further aim to build up sufficient reserves to cover one year's expenditure. However, the Trustees envisage that it will take a number of years to achieve this objective effectively.
PLANS FOR FUTURE PERIODS
Trustees intend to continue organising conferences and seminars, to promote the Christian Faith, Singles Retreat, Youth conferences, Married Couples' Dinner, and Regular Leadership Training.
The Trustees will continue to develop and further the charity’s engagement with other local organisations and maintain good working relationships with key stakeholders in the community including the Local Authority and Statutory agencies. We will also continue discussions and draw plans for the development of community projects, as our contribution to help re-build our communities after the covid-19 devastation. These projects will be run from the church premises.
The Trustees will continue to explore offering welfare support to individuals in the community and the church auditorium will remain available to community groups and organisations for meetings, conferences, and training sessions.
Internationally, the Trustees will continue to engage with the Global missions by providing leadership and support to our Ghana, Pakistan and Malawi missions. They will also continue to seek opportunities for planting other churches in deprived places in Africa and Asia.
As in previous years, the Trustees will continue to build our capacity for spiritual, numerical, and financial growth in furtherance of the above objectives. The Leadership will carry regular reviews and where appropriate make necessary improvements in the activities of the charity and services in a bid to offer more tailor-made activities and services that will advance the objectives of the charity.
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STRUCTURE, GOVERNANCE AND MANAGEMENT
Living God’s Temple is a registered charity and is governed by the Trust Deed dated 31st May 2000. The charity is governed by the Trust Deeds which states that the appointment of new Trustees is at the discretion of the spiritual leadership of the church. During the year, Bishop Jonas Martinson was Chief Executive Officer and Spiritual Oversight of the charity The charity laws of UK require the Trustees to prepare financial statements for each fiscal year which give a true and fair view of the state of affairs of the charitable.
company and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently.
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2.observe the methods and principles in the Charities SORP.
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make judgements and estimates that are reasonable and prudent.
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are
responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the
statutory requirements. The Trustees 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.
The Trustees are responsible for keeping proper accounting records that 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 Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small company’s regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board. Pastor Peter ABABIO Trustee December 28, 2025
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LIVING GOD'S CHURCH Independent Examiners Report
Independent Examiner's Report to the trustees of LIVING GOD'S CHURCH
I report to the charity trustees on my examination of the accounts of LIVING GOD'S CHURCH for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, and the related notes.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In conducting my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
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accounting records were not kept in accordance with section 386 of the 2006 Act: or
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the accounts do not accord with those records; or
• the accounts do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the
examination t which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Nii Otu Quaye OG
Nii Otu Quaye
RAK ACCOUNTING SOLUTIONS LIMITED 11 Louvaine Close
Abbey Hey Manchester M16 8SJ
December 28, 2025
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LIVING GOD'S CHURCH Statement of Financial Activities
| Notes Income and Endowments from: Donations 3 Gift Aid 4 Other Operating Income 5 Total Expenditure on: Charitable Activities 6 Others 7 Total Net Gain on Investment Net Income/(Expenditure) Other gains and losses Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Funds 2025 Total Fund 2025 Total Funds 2024 £ £ £ 46,411 46,411 45,542 0 0 5,600 |
|---|---|
| 46,411 46,411 51,142 65,363 65,363 64,172 1,440 1,440 100 |
|
| 66,803 66,803 64,272 0 0 0 |
|
| (20,392) (20,392) (13,130) 0 0 0 |
|
| (20,392) (20,392) (13,130) 65,202 65,202 78,332 |
|
| 44,810 44,810 65,202 |
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| Balance Sheet on 31 March 2024 | Unrestricted | Unrestricted | Total Fund | Total Funds | |
|---|---|---|---|---|---|
| Funds 2025 | Funds 2025 | 2025 | 2024 | ||
| Notes | £ | £ | £ | £ | |
| Fixed Assets | |||||
| Equipment’s | 24,602 24,602 | 24,602 24,602 | 24,602 24,602 | 24,602 | |
| Total Fix Asset | 24,602 | 24,602 | 24,603 | ||
| Current Assets | |||||
| Debt | 8 | - - | - - | - - | - - |
| Cash at bank and in hand | 20,208 | 20,208 | 40,600 | ||
| Net Assets | 44,810 | 44,810 | 65,202 | ||
| Profit and Loss Account | |||||
| Brought forward | 9 | 65,202 | 65,202 | 78,332 | |
| Others | 9 | (20,392) | (20,392) (13,130) | (20,392) (13,130) | |
| Total Funds | 44,810 | 44,810 | 65,202 |
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ended 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the
Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on February 12, 2025
And signed on its behalf by:
prrarababeo
Pastor Peter ABABIO Trustee
December 2, 2025
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1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with 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 Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Change in basis of accounting or to previous accounts.
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting.
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds: These are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation funds: These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds: These are available for use subject to restrictions imposed by the donor or through.
terms of an appeal.
Income
Recognition of income: Income is included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related expenditure: Where income has related expenditure the income and related expenditure is reported gross in the SoFA.
Donations and legacies: Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on donations and gifts.
Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.
Donated services and facilities: These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable, and material.
Volunteers help the value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable.
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Gains/(losses) on revaluation of fixed assets
This includes any gain or loss resulting from revaluing investments to market value at the end of the
year.
Gains/(losses) on investment assets:
This includes any gain or loss on the sale of investments.
Expenditure
Recognition of expenditure
Expenditure is recognised on an accrual’s basis. Expenditure includes any VAT which. cannot be fully recovered and is reported as part of the expenditure to which it. relates.
Expenditure on raising funds.
These comprise the costs associated with attracting voluntary income, fundraising, trading costs and investment management costs.
Expenditure on charitable activities
These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
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Cash and cash equivalents:
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
LIVING GOD'S CHURCH Notes to the Accounts
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Research and development:
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity is translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are considered in arriving at net income/expenditure.
Leased assets.
Where the charity enters into a lease which entails taking all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are.
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recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental. expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facilities, and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
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3. Income from donations and legacies
| 3. Income from donations and legacies |
||||
|---|---|---|---|---|
| Unrestricted | Total 2025 | Total 2024 | ||
| £ | £ | £ | ||
| Donations | 46,411 | 46,411 | 45,542 | |
| 46,411 | 46,411 | 45,542 | ||
| 4. Other Income | ||||
| Unrestricted | Total 2025 | Total 2024 | ||
| HMRC GIFT AID CLAIM | ||||
| HMRC JRS | ||||
| 5. Expenditure on charitable activities | Unrestricted | Total 2025 | Total 2024 | |
| 65,363 | 65,363 | 64,172 | ||
| Unrestricted | Total 2025 | Total 2024 | ||
| 7. Other expenditure | 100 | |||
| Total 2025 | Total 2024 | |||
| 8. Staff Cost | 21,444 | 18,190 | ||
| No employee received emoluments in | excess of £60,000. | |||
| 9. Fixed Assets | Total 2025 | Total 2024 | ||
| Equipment’s | 24,602 | 24,602 | ||
| 10 Movement in funds | On 1 April 2024 |
Incoming Resources |
Resources Expended |
On 31 March 2024 |
| Unrestricted Funds | 65,202 | 46,411 | 66,803 | 44,810 |
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