## **Igreja Evangelica Luso-Brasileira em Bournemouth (Brazilian-Portuguese Evangelical Church in Bournemouth)**
## **Charity Name and Number**
Igreja Evangelica Luso-Brasileira em Bournemouth (Brazilian-Portuguese Evangelical Church in Bournemouth)
Registered Charity Number 1108107
## **Correspondence Address**
27 Tweedale Road, Bournemouth BH9 3LL
## **Trustees**
Pastor Renato Afonso Fernandes, Chair of trustees Ms Sonia Silva Fernandes Mr Daniel Bispo Do Carmo
## **Professional Advisors**
Independent Examiner:
Executive Quarter 64-66 Willesden Lane London NW6 7SX
1
## **Trustees Annual Report for the year ended 31st May 2024**
## **History, objectives and activities of the Trust**
Pastor Renato Afonso Fernandes established an organisation, Igreja Evangelica Luso-Brasileira em Bournemouth (Brazilian-Portuguese Evangelical Church in Bournemouth), for the purpose of providing religious services and assistance to the Latin Community in Bournemouth, England.
The charitable Trust was established on 9 January 2005 and registered with the Charity Commission on 15 February 2005 as a way of the organisation efforts to a variety of good works. Both the initial donation and additional amounts donated since have been under terms which allow the trustees to either retain the amounts as capital or to spend them.
The Trust deed gives the trustees the power to apply the funds in such a manner as they think fit for the benefit of their listed charitable objects or purposes. The trustees currently have a policy of supporting three types of activity: religious services; projects providing world-wide relief and the world-wide advancement of education of Christian principles.
The trustees identify projects they wish to support internally. The Trust also has a policy of not responding to correspondence unless it relates to grants it has agreed to make or to the general management of the Trust.
## **Management and governance arrangements**
The trust deed maintains no minimum or maximum of trustees. Were there a requirement for new trustees, these would be identified and appointed by the remaining trustees. The chair of trustees is responsible for the induction of any new trustee which involves awareness of a trustee’s responsibilities, the governing document, administrative procedures, the history and philosophical approach of the charity. A new trustee would receive copies of the previous year’s annual report and accounts and a copy of the Charity Commission leaflet ‘The Essential Trustee: What You Need to Know’.
## **Achievements and performance of the Trust**
During the year the Trust has been able to continue its support of the Latin community in Bournemouth. With the continuation of educational services for several hundred people each year and the Trust support as a local worship centre the commitment is well known over the community.
Commitment to the advancement of the Christian faith to the community is not restricted only a few areas. All persons from any walk of life are invited to join in and learn the values and faith preached.
## **Financial review**
The trustees have set a policy that expenses should increase so as to maximise commitment in the community thereby resulting in an increase in return. The income from gifts and donations (inclusive of Gift Aid) for the year was £263,883 a 17% increase from 2023.
2
For this financial year, we had expenditure after grants and operational expenses of £236,374 (2023 £222,796) for the year. Gifts and donations matched fairly closely to our expenditure.
## Future plans
The trustees intend to continue providing religious services and educating the local public in the aspects and teaching of the Christian gospel in a similar way to the recent past.
## Stat t of
## trustees’
## ibiliti
Charity law requires the trustees to prepare financial statements for each financial year which showa true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the trustees are required to:
O select suitable accounting policies and then apply them consistently;
- Oo make judgements and estimates that are reasonable and prudent;
Oo state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and o prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.
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 2011. 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.
## Independent Examiner
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The trustees intend to ask the existing service providers to undertake the independent examination of the Trust
in the following year. Signed on behalf of the trustees
WizoY“A Lh{/
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PastorRenato Afonso Fernandes, Chair of Trustees 7 November 2024
3
## Independent Independent examiner’s[examiner's] Report[Report][to] to[the] the Trustees[Trustees][of] of[Igreja] Igreja[Evangelica] Evangelica Luso-Brasileira[Luso-Brasileira] em[em][Bournemouth] Bournemouth (Brazilian-Portuguese (Brazilian-Portuguese Evangelical Evangelical Church Church in[in][Bournemouth)] Bournemouth)
I | report report on on the the accounts accounts of[of] the the Trust Trust[for] for the the year year ended ended[31] 31 May May 2024, 2024, which which are are set set out out on on pages pages[forvvard.] forward. Respective Respective[responsibilities] responsibilities of[of] trustees trustees and and examiner examiner The The[charity's] charity’s trustees trustees[consider] consider[that] that an an[audit] audit[is] is[not] not[required] required for[for] this[this] year year (under[(under] section[section] 43(2)[43(2)] of[of][the] the Charities Charities Act Act 2011 2011 (the[(the] Act) Act) and and[that] that an an independent independent examination examination[is] is needed. needed.
It is responsibility[to:] It is my my responsibility to: q examine examine[the] the accounts[accounts][(under] (under section[section][43] 43[of] of the[the][Act);] Act); u to to follow follow the the procedures procedures laid laid down down[in] in the the General General Directions Directions given given by by the the Charity Charity Commission Commission[(under] (under section section 43(7)(b) 43(7)(b) of[of] the the Act); Act); and and
> to to state state whether whether particular particular matters matters have have come come[to] to my my[attention.] attention.
## 0 to to state state whether whether particular particular matters matters Basis Basis[of] of the[the] independent independent examiner's examiner’s report[report]
My My examination examination was was carried carried out out in in accordance accordance with with the the General General Directions Directions given given by by the the Charity Charity Commissioners. Commissioners. An An examination examination includes includes a a[review] review of of the the accounting accounting records records kept kept by by the the charity charity and and a a comparison comparison of[of] the the accounts accounts presented presented with with those those[records.] records. It[It][also] also includes includes[consideration] consideration[of] of any any unusual unusual items[items] or or disclosures disclosures[in] in the the accounts,[accounts,][and] and seeking seeking[explanations] explanations[from] from you you as as[trustees] trustees[concerning] concerning any any[such] such matters.[matters.] The The procedures procedures undertaken undertaken do do not not provide provide all all the the evidence evidence that that would would be be required required in in an an audit,[audit,] and and consequently consequently |[I] do[do] not[not] express express an an audit[audit][opinion] opinion on on[the] the[view] view[given] given[by] by the[the] accounts.[accounts.]
## Independent Independent examiner's examiner’s statement[statement]
> In In the the course course of[of] my my examination, examination, no no matter matter has has come come[to] to my my[attention:] attention: (1) (1) which which gives gives me me reasonable reasonable cause cause[to] to believe believe[that] that[in,] in, any any material[material] respect, respect, the[the] trustees trustees have[have] not[not][met] met[the] the requirements requirements to[to] ensure ensure[that:] that: a) proper proper accounting accounting[records] records are are[kept] kept[(in] (in accordance accordance[with] with[section] section 41[41] of[of] the[the][1993] 1993 Act);[Act);] and[and] U accounts accounts are are prepared prepared which which agree agree with with the the accounting accounting records records and and comply comply with with the the accounting accounting requirements requirements of[of] the the Act; Act; or or (2) (2) to to which, which, in in my my opinion, opinion, attention attention should should be be drawn drawn in in order order to to enable enable a a proper proper understanding understanding of of the the accounts accounts[to] to be be reached.[reached.]
wh att er ia Hermah-Santi Herma anti go go -\Managing — ana g Director Director Executive u 64-66Executive 64-66 Willesden Willesden Guide: ane Lane 7” London London NW6 NW6 7SX 7SX
> 4 4
**Notes to the accounts**
## **1 Accounting policies**
In preparing the accounts the following accounting policies have been complied with:
- a) The accounts have been prepared on the historic cost convention with the exception that investments are valued at market value. The accounts are in accordance with applicable accounting standards, the Charities SORP 2005 (Accounting and Reporting by Charities) and comply with the Charities (Accounts and Reports) Regulations 2005 issued under the Charities Act 1993
- b) Investment income is recorded when receivable.
- c) Gift aid reclaimable on donations to the charity is included with the amount received.
- d) Expenditure on grants is recorded once the Trust has made an unconditional commitment to pay the grant and this is communicated to the beneficiary or the grant has been paid, whichever is the earlier. The Trust has not made any grant commitments of more than one year.
- e) Other expenditure is included in the accounts on an accruals basis. Irrecoverable VAT is charged to the SOFA as incurred.
- f) The cost of managing investments is charged against investment capital, reflecting the total return approach to investment management. Any costs associated with the sale or purchase of investments are accounted for as part of the sale or purchase price of the investments.
- g) Quoted investments have been valued at market value at the balance sheet date.
- h) Unrealised and realised investment gains and losses are shown net in the statement of financial activities
- i) Programme related investments are reviewed at least annually for impairment and reviewed where the trustees are aware of circumstances which either reduce the value of the investment, or imply that loans made may not be repaid in part or in full.
- j) The endowment of the charity is expendable endowment which is regularly increased by donations from the trustees. The trust deed allows this fund to be spent as income or retained as capital at the trustees’ discretion. The income arising from the expendable endowment is unrestricted.
- k) All assets costing more than £500 are capitalised. Depreciation on office equipment is charged on a straight line basis over 3-5 years.
## **2 Taxation**
The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
## **3 Endowment**
The voluntary income in the current and the previous year represent a donation from the trustees to the capital of the expendable endowment only.
## **4 Analysis of employee costs:**
|**4**
**Analysis of employee costs:**|||
|---|---|---|
|Salaries
Total|**2024**
**£**
86,714
**86,714**|**2023**
**£**
68,229|
|||**68,229**|
## **5 Related party transactions**
None of the trustees were paid any remuneration or expenses by the charity during the year except for the related managing cost paid to Pastor Fernandes.
## **6 Donated services**
The trustees together hold a controlling personal interest in Igreja Evangelica Luso-Brasileira em Bournemouth (Brazilian-Portuguese Evangelical Church in Bournemouth).
## **7 Analysis of charitable expenditure**
The charity directly undertook activities for charitable purposes by providing religious services, educational courses, and initiating charitable projects on behalf of the community.
5
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024**
## **Receipts and Payments Accounts**
|**Receipts**
Voluntary Receipts
Receipts from donors
Planned Donations
Mission Offerings
Gift Aid (tax)
Liabilities
Short Term Loans
Vehicle Loan
Mortgage
Other Income
**_Sub total_**
**Investment Income**
**_Total receipts_**
**Payments**
Advertising
Bank service charge/interest
Computer and internet expenses
Conferences & Meetings
Electronic & Audio
Gifts & Donations Expense
Insurance
Interest Expense
Ministry Expenses
Other
Payroll
Post Office
Professional Fees
Rent and rates
Repair and Maintenance
Room Hire
Special Events
Supplies & Stationary
Telephone & Internet
Training
Utilities
Vehicle Expense
**_Sub total_**
Furniture & Fixtures
Equipment
Vehicle
Loan & Credit Card
Loan (Vehicle)
Land & Property
Mortgage
Savings Deposits
Accounts Payable
Asset & investment purchases, etc.
**_Total payments_**
**_Net of receipts/(payments)_**
**Transfers between funds**
**Cash funds last year end**
**_Cash funds this year end_**|**Unrestricted**
**funds**
**Restricted funds**
**Endowment**
**funds**
**Total funds**
**Last year**
**£**
**£**
**£**
**£**
**£**|
|---|---|
||**165,450**
**165,450**
**170,091**
**15,636**
**15,636**
**11,097**
**19,063**
**19,063**
**2,370**
**63,734**
**63,734**
**41,424**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**263,883**
**263,883**
**224,982**|
||**263,883**
**-**
**-**
**263,883**
**224,982**
**-**
**-**
**69**
**16**
**16**
**36**
**1,796**
**1,796**
**5,024**
**16,311**
**16,311**
**7,190**
**1,198**
**1,198**
**18,604**
**5,147**
**5,147**
**7,690**
**5,843**
**5,843**
**3,815**
**3,744**
**3,744**
**4,525**
**24,227**
**24,227**
**7,732**
**522**
**522**
**5,502**
**86,714**
**86,714**
**68,229**
**9**
**9**
**28**
**2,197**
**2,197**
**1,999**
**33,935**
**33,935**
**34,300**
**1,599**
**1,599**
**3,621**
**-**
**-**
**-**
**21,825**
**21,825**
**18,235**
**1,183**
**1,183**
**1,758**
**2,891**
**2,891**
**2,545**
**-**
**-**
**-**
**13,835**
**13,835**
**13,147**
**13,383**
**13,383**
**18,746**
**-**
**-**
**236,374**
**-**
**-**
**236,374**
**222,796**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**7,000**
**705**
**705**
**-**
**-**
**-**
**-**
**-**
**-**
**17,887**
**17,887**
**16,705**
**-**
**-**
**-**
**-**
**-**
**254,966**
**-**
**-**
**254,966**
**246,501**
**8,917**
**8,917**
**21,519**
**-**
**-**
**9,111**
**9,111**
**30,534**
**18,029**
**-**
**-**
**18,029**
**9,015**|
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STATEMENT OF ASSETS AND LIABILITIES
Categories Details Unrestrictedfunds Restricted funds Endowmentfunds
£ £ £
Cash funds Barclays Community Account 12,941 - -
Lloyds TSB Business Extra 5,088 - -
Cash " . *
Total cash funds 18,029 - -
Unrestricted Restricted funds Endowment
funds funds
£ £ £
Other monetary assets
Fund to which Current value
asset belongs Gost (opttonal) (optional)
investment assets
Fund to which Cost (optional) Current value
asset belongs P (optional)
Assets retained for the charity's 16 Albert Road, London N/A - -
own use
Fund to which Amount due When due
liability relates (optional) (optional)
Liabilities %
Lloyds TSB Commercial 48,485
Barclaycard 1,844
50,329
Signed by one or wb trustees on behalf of all the trustees
Signature Print Name Date of approval
>
A hero h.feeumk¢ OF
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