LIVINGSPRING CHAPEL TRUST
Charity Registration No..
1097653
REPORTS & ACCOUNTS
For The Year Ending 31 March 2022
FANLA & CO
Accountants & Consultants

LIVINGSPR]NG CHAPEL TRUST
RPORATE INFORMA
TRUSTEES:
Ms Olayinka OGUNWALE - Chair
Ms Olayinka OYENEYIN - Secretary
Rev Franklin OKUNOWO
INDEPENDENT EXAMfNERS:
FANLA & CO
(Accountants & Consultants)
Unit 10, Warwick House
Overton Road
London, SW9 7JP
REGISTERED OFFICE:
205 Shepherds Lane
Dartford
Kent
DAI 2PS
REGISTERED CHARrrY NO:
1097653
REPORT AND ACCOUNTS:
31 Mar. 2022
Page 2 fNDEPENDENT EXAMtNERS' REPORT
3 REPORT OF THE DIRECTORS
4-5 STATEMENT OF FtNANCJAL AcfNITIES
6-7 NOTES TO THE ACCOUNTS

INDEPEIYDENT EXAMINERS, REPORT
To The Trustees of
LIVING SPRING CHAPEL TRUST
On the Accounts fr>r the year ended 31 marc￿ 2022 Set out on the attached sheets.
Rospective Responsibilities of Trnstees and Examiner
As thjstees you are responsible for the preparation of the a¢¢ounts. You wnsider that
an audit is not required for this year under section 43{2) of the Charities Act 1993
(the 1993 Act) and that an independent examination is needed.
It is our responsibility to:
- examine the accounts UTKler se¢tion 43 of the 1993 Ath,
- follow the Pr￿edureS laid down in the general Directions given by the Charity
Commission {und¢r section 43{7Xb) of the 1993 Affj and
- state whether particular matters have wm¢ to our attention.
Ba$1$ of Ind¢p¢Dd¢nt Examiner's Statement
Our examination was carried out in accordance with general Directions given by the
Charity Commission. An examination includes a review of the accounting records kept by
the Gharity and a compari50n of the accounts presented with those records. It also includes
consideration of any unusual items or disclosures in the a¢¢ounts. and ￿king explanations
from the trnstees conceming any such matters. The pmcedures undertaken do not provide
all the evidence that would be requittd in an audtL and consequently no opinion is given
as to whether the accounts present a and fairf view and the report is limited to those
matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter come to our attention
which gives us reasonable cause to believe tha¢ in any materiaI respecL the requirements:
- to keep accountlng re£ords in accordance with se¢tion 41 of th¢ 1993 A¢t' and
- to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 1993 Act have not been met" or
2. to which, in our opinion, attention should be drawn in order to enable a proper
understanding of the a￿u￿t$ to be reached.
Signed:
OPd03121r23
FANLA & CO
UNIT 10, WARWICK HOUSE
OVERTON ROAD
LONDON SW9 7JP

VING SPRING CHAPEL T
TRUSTEES REPORT
The TTUStees pr￿nt with pl¢&sur¢ their Annual Report together with the financial statements
of the Charity for the year ended 31 March 2022.
Constitution, objective of the ¢harityi principal activiti&5 and organ￿￿0￿ of our work
The charity is constituted under a tr[￿ deed 20th August 2002 and ￿gistered as a charity on
22nd May 2003 under number 1097653.
The obj¢¢tiv¢ of the rharity as set out in the D¢claTation of the trust are:
(a) The advancement of the Christian faith.
Th¢ ministy was involved in Christian outr¢a¢h prowmes designed to in¢re&s¢ Christian
awareness and spread the Gi)spel of our Lord Jesus Christ.
Development, a¢tivities and aehievement in the year
The Trustees are pleased to report that the Church continued to be successful spiritually
ministering to many people. Many Christian and non- Christian attended our meetings
and many re-dedicated their lives to our Lord and Saviour, Jesus Christ.
Organisatlon
The Charity is governed by a Board of Trustees who are elethd to serve and run its affairs.
Annually, the Board reviews the range of skills it has available and uses its wwer of ClH)Ption
to ensure that gaps are filled.
Committee Members, Reswbnsibllity IM The Preparfdlion Of Financial Statements
Charity tE8islation requires the committee to prepare fmanciaE statements for each financial
year which give a trne and fair view of the state of the Trust &8 at the end of the financial year
and the income and expenditure of the Trust for the year ended on that date. Jn preparing
those financial statements, suitable accounting policies have been used, framed, to the best of
th¢ Committ¢e's knowl¢dge and belief. by reference to Tr&sonable and prudent judgements
and applied consistently. Applicable accounting standards have been followed. The
Committee is also required to indicate where the financial statement are prepared other than
on the basis that Charity is a going concern.
The Committee is responsible for ensuring that aTrangements are made for keeping proper
books of account with respect to the Trust's transactions and &8sets and liabilities and for
maintaining a satisfactory system of control over the Trust's books of accounts and
transactions. The Committee is also responsible for ensurlng that arr8ngements are made to
safeguardthe assets of the Trust and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
By order of the Board
Signature
Name
Date:
Ms. Olayinka Oyeneyin- Secr¢tary

LIVINGSPRING CHAPEL TRUST
STATEMENT OF FINANCIAL ACTIVITIES
for th& year ondgd 31 March 2022
2022
2021
(all unr•strl¢￿ funds)
Incomin
Tithes, Donations, ContribLrt￿n$, Thanksgivtng
HM Chafitios
25,363
10,711
Total ineomlng rnBourc8s
25,363
,711
Cost of Gen•r•tlng Funds
Administrat
Wages & S8181ies
Pastoral, Evangelism & Miss•)ns
Honorar¢um & Grfts
Charftable Expendltu
Donations, Grfts & Subscriptions
Rent & Rates
Costs of activities for¢haritable obie¢dve¥
Te*chinglMusicaVMateria18￿r8ift￿1g Expenses
Volunteers Expenses
Motor RUnning￿rave111n9
Support Costs
Repairs & Maint8nanc8
LtghL Heat & Water
Telephone. Zoom & Irrternet
Printing. Postagè & Ststionery
Nthertisement & PublrAty
Insurance
Inlemet and Web Cost
Fees1￿retarial Expense8
L￿auPrOfessIOnal Fe8S
Sundrie8
M8nggam8nt & Adminislrafion
Bank Interest & CharyJes
Annual ReporVAc¢*untsllrKlependent Examine¢s Fe8
DeprectatKJn
4.807
270
14,390
3.655
613
661
24
920
86
2.387
275
106
soo
176
Total RMouYc68 Expondod
(b)
27.321
2.050
NEf MOVEMENT IN FUNDS
Balano blf at 1 Apr. 2021
Balan￿ clf at 31st Mar. 2022
{•4))
1.95
43,403
41,445
8,661
34,742
43.403

LIVINGSPRING CHAPEL TRUST
BALANCE SHEET
as al 31 March 2022
2022
Flxed A88ets
Tangible Assets
Investments
TotslFlx•dAss•ts
Currnn
Debtors & PrepayTnents
Cash in Hand & at Bank
41,476
41N76
44,703
44.703
Total CuffentAssets
urront Liabil
Creditors & Accrued Expenses
Total Current UablUtI•s
1.000
1,000
1.300
1,300
Not cuffentA￿￿(LlO)Ill¢lo*
40A76
43A03
Total NetAss•ts
41A46
43N03
REPRESENTED BY
ACCUMULATED FUND
Opening Balanco
Net Incominglloutgoing) Resources for the year
Ch)sing Balance
43.403
-1.958
34,742
8.661
43,403
Signatu
Name
tsLs
Ms Ola inka OGUNWALE
Chairy)erson- Board of Trustees
Date of Approval

LIVINGSPRING CHAPEL TRUST
NOTES TO THE ACCOUNTS
For the Year Ended 31 March 2022
1.0 ACCOUNTING POLICIES
1.1 Basis of Accounting
The accounts have been prepared under the histori&ql cost convention.
1.2 Fixed Assets
Fixed A&8ets are ststed at cost.
1.3 Depreciation
Depreciation is provided on the straight line basis to write off fixed assets over their
expected use￿1 lives as follows:
Equipment and Instruments
Motor Vehicle
Building Extension & Renovation
14% p.a
/0 p.a
2 INCOME
Income conststs of Tithes, Donations, Thanksgiving, Members Contributions and
other income during the year.
3 TANGIBLE FIXED ASSETS
Tangible fixed assets are made up of the following:
Equipmen Motor Building
& Instrumei V¢hi¢l¢ Extension
Total
COST
At l April 2021
Additionsl(disposals) during the wiod
At 31 March 2022
969
969
969
969
DEPRECIATION
At l April 2021
Charge for the pttiod
At 31 March 2022
NET BOOK VALUE
At 31 March 2022
At 31 Mar¢h 21r21
969

LIVINGSPRING CHAPEL TRUST
NOTES TO THE ACCOLfNTS
For the Y¢ar Ended 31 March 2022
2021
4.Surylus l(deficil) for the year
{1,958)
8.661
This is Stated after Char￿￿.
tkpreciation of TaDgible fix￿ Assets
176
5. Creditors
Amounts falling due within one year:
Creditors & Ac¢ruals
PAYE Tax & National Insurance
A¢¢n￿lS
1,000
1.000
1,300
iJoo
6. Tithes, Contributions & Other Income
Total
2022
Tota
2021
Funds
Funds
Tithes, C¢)ntributions etc
HM Charities
25,363
25,363
10,711
25J63
25J63
10.711