LONDON REVIVAL CHURCH
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] MAY 2022
CHARITY NUMBER: 1081196
LONDON REVIVAL CHURCH 240 LANCASTER ROAD LONDON W11 4AH
INDEX Page Index 1 Legal & Administrative Details 2 Trustee’s Report 3-4 Independent Examiner’s Report 5 Receipts and Payments Account 6 Statement of Assets and Liabilities 7 Notes on the financial Statements 8
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LONDON REVIVAL CHURCH
LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] MAY 2021
ADDRESS FOR CORRESPONDENCE
SUDBURY METHODIST CHURCH 809A HARROW ROAD WEMBLEY MIDDLESEX, HA0 2LP
REGISTERED CHARITY NUMBER
1081196
GOVERNING DOCUMENT
CONSTITUTION ADOPTED
25[TH] APRIL 1999.
TRUSTEES/ DIRECTORS
Artur Fernando Rodrigues Dr Jacqueline Jacobs Paulo Silas Franck Da Silva Vanilda Marques
PRINCIPAL BANKERS
BARCLAYS BANK PLC
1 CHURCHILL PLACE LONDON E14 5HP
ACCOUNTANTS
FRESH FIRE ORGANISATION
GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH
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LONDON REVIVAL CHURCH TRUSTEES’ REPORT YEAR ENDED 31[ST] May 2021
The trustees are pleased to present their report for the year ended 31[ST] May 2021 for the charity, London Revival Church with Charity Number 1081196.
The Trustees of the charity are: Artur Fernando Rodrigues Dr Jacqueline Jacobs Paulo Silas Franck da Silva Vanilda Marques
The principal address of the charity is: 809A Harrow Road Wembley HA0 2LP
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a constitution that was adopted on 25[th] April 1999. The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
OBJECTIVES AND ACTIVITIES
The Objects of the organisation are to advance the Christian Religion [in accordance with the Statement of faith] throughout the world as the trustees may see fit from time to time . The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.
ACHIEVMENTS AND PERFORMANCE
The Organisation continues to HOST successful services through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. Due to the pandemic services were held online on Zoom and this limited operations and activities. However this did not affect donations that came in for the work. The church continues to operate its main church services at Notting hill London.
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FINANCIAL REVIEW
The income of the charity is above £37,700. The costs have been managed well over this period. The charity is in a good position to develop itself in the community. The church was paying for its hall for worship meetings and covering the costs of the general running expenses.
RESERVE POLICY
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.
FUTURE DEVELOPMENTS
The church intends to continue to host its regular yearly services in UK. The intended re-appointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective.
RISK MANAGEMENT
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
TRUSTEE RESPONSIBILITIES
Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 22[nd] February 2023 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees LONDON REVIVAL CHURCH
I report on the accounts of the church for the year ended 31[st] May 2022 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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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 church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide 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 the course of my examination, no matter has come to my attention;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
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(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION Generator Business Centre 95 Miles road Mitcham Surrey CR4 3FH
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LONDON REVIVAL CHURCH
ACCOUNTS FOR THE YEAR ENDED 31st May 2022
1 Receipts & Payments Account (General Purpose Fund)
| Income Receipts Tithes and Offerings Gift Aid Total Receipts |
2022/£ 37749 0 _ 37749 _ |
2021/£ 23442 0 |
|---|---|---|
| _ 23442 _ |
Direct Charitable Expenditure
| Web hosting expenses Admin Staff costs Benevolence giving Professional fees Rent and Rates Repairs and Maintenance Media services Refreshments Church events Mission house rent Mission Insurance Travel costs Supplies Other Expenditure Equipments Instruments Total Payments Net Receipts/(Payments) for the year Cash Funds brought forward Cash Funds at the end of the year |
0 672 10800 1000 1350 11661 136 173 162 1015 11700 2160 151 35 61 41076 267 0 ___ 41343 -3594 18670 ___ 15076 |
144 127 0 0 1170 4981 0 0 0 0 12600 |
|---|---|---|
| 18878 0 0 ___ 18878 4420 14250 |
||
| ___ 18670 |
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| LONDON REVIVAL CHURCH | LONDON REVIVAL CHURCH | LONDON REVIVAL CHURCH | LONDON REVIVAL CHURCH | ||||||
|---|---|---|---|---|---|---|---|---|---|
| **2 ** | Statements of Assets and Liabilities at 31st May 2022 | ||||||||
| Cash Funds | Unrestricted Funds | ||||||||
| 2022 | 2021 | ||||||||
| £ | £ | ||||||||
| BARCLAYSBANK | 15076 | 18670 | |||||||
| ___ | ___ | ||||||||
| TotalCash Funds | 15076 | 18670 | |||||||
| ___ | ___ | ||||||||
| Other Monetary Assets | |||||||||
| Prepayments | 0 | 0 | |||||||
| 15076 | 18670 | ||||||||
| Assets Retained for the | |||||||||
| Charity's Own use | |||||||||
| Musical Instruments | 431 | 538 | |||||||
| Equipments | 1235 | 1276 | |||||||
| ___ | ___ | ||||||||
| 1666 | 1814 | ||||||||
| ___ | ___ | ||||||||
| Liabilities | |||||||||
| Approved by theTrustees and signed ontheirbehalf: | |||||||||
| ____________ | |||||||||
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LONDON REVIVAL CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st May 2022
ACCOUNTING POLICIES
Basis of Accounting
These accounts have been prepared on the receipts and payments basis under section Charities Act 2011
Funds
Unrestricted funds are those which can be used at the Trustees' discretion. Restricted Funds are those whose purposes have been restricted by the donor.
Staff
The church had no employees during the accounting year. No employee received emoluments in excess of £16,000. Staff were paid through subcontracted services.
Public Benefit
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
Trustee Remuneration
A connected party Paulo Silva benefited from Mission house rent covered by the charity
Depreciation
Depreciation is calculated at 20% reducing balance method
| Instruments | Equipment | |
|---|---|---|
| 01/06/2021 | 538 | 1276 |
| Additions | 267 | |
| Depreciation | 107 | 308 |
| 31/05/2021 | 431 | 1235 |
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