Registered Charity Number. 1109326 (England and Wales)
IGLESIA DE DIOS MINISTERIAL DE JESUCRISTO
INTERNACIONAL
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

IGLESIA DE DIOS MINISTERIAL DE JESUCRISTO
INTERNACIONAL
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
CONTENTS
Page
Legal and administrative details
Report of the trustees
Auditors Report
Statement of financial activities
Statement of financial position
Statement of cashflows
10
Notes to the financial statements
11-16

IGLESIA DE DIOS MINISTERIAL DE JESUCRISTO
INTERNACIONAL
LEGAL AND ADMINISTRATIVE DETAILS
Tru$teo$
Mrs Julieta Duque Cuartas
Mr John Mauricio Londono Rios
Mrs Lisbeth Vivian Zuleta Castro
Mrs Martha Luaa Martinez Garcia
Mrs Mayerlin Restrepo Chacon
Auditors
G C Forest & Co
190 Billet Road
London
E175DX
Bankers
Lloyds Bank PIC
High Street
Colchester
Essex
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Church Addresses
Unit 14
Mill Mead Industrial Centre
Mill Mead Road
London
N179QU
33 Lanrick Road
London
E14 8FE
4 Bedford Park
Sunley House
Croydon
CRO 2AP
Sandfield Primary School
Stoke Road
Guildford
GU14DT
31 Palmerston Road
Southampton
S014 1LL
Hammersmith Academy
25 Cathnor Road
London
W12 9JD
Epiphany Hall
Bassano Street
London
SE22 8RU

Iglesia De Dios Ministerial De Jesucristo Internacional
TRUSTEES REPORT for the year ended 30 September 2024
The trustees present their report and the audited financial statements of the charity for the year ended
30 September 2024. The trustees have adopted the provisions of the Statement of Recommended
Practice (SORP) "Accounting and Reporting by Charities. (FRS 102> in preparing the annual report
and financial statements of the charty-
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 issued
in October 2019, and the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland {FRS 102). The charity is registered with the Charity Commission under Charity
Number: 1109326.
Trustees of the charlty
The trustees who have served during the year and since the year end were as follows:
Mrs Julieta Duque Cuartas
Mr John Mauricio Londono Rios
Mrs Lisbeth Vivian Zuleta Castro
Mrs Martha Lucia Martinez Garcia
Mrs Mayerlin Restrepo Chacon
Power to appoint trustees rests with the board of trustees. by reference to a prO￿sS defined
in the Articles.
Training of the New trustees
The charity recognises the requirement to keep Truslees currenl in order to best administrate the
charity and give help and advice to the staff team. Training and updates from the Charity
Commission will be given and circulated as frequently as possible.
Charitable objectives
The church opens daily and provides three different types of service,. teaching, bilble study and
worship.
The charity currently operates from seven different sites as detailed in the information section.
The charity continues to endeavour to reach out to more people in the community and lo make
steps to open more branches to serve other communities.
Organisation of the charitable company
The Board of Trustees has five members administering the charity. The board meets every four
months to discuss and take decisions on behalf of the charity.

Fundraising Practices
The charity does not carry out regular significant fundraising activities, the charity has always been
blessed by regular generous gifts and regular standing order payments into the bank account.
Related parties
Two trustees receive remuneration for their work with the charity. J. M. Londono and J D Cuartas.
Any connection between a trustee or senior manager of the charity with any contractor must be
disclosed to the full board of trustees. In the current year no such related paty transactions were
reported.
Financial activities and results
The charity's collections rose from £857,9359 in 2023 to £1,219,367 due to the charity now having
an additional church and holding more services throughout the year.
The charity's aitn for the forthcoming year is to continue to grow and increase collections by
expanding its London base and to set up meetings outside of the London area to make it possible
for the charity to reach out to more people spiritually. The church has also acquired a new freehold
property .The charity is also looking to set up more meetings in other parts of the United Kingdom in
the coming year to meet growing demand.
Plans for the future
A full review of the charity's future plans and strategy can be found in the trustees annual report.
Public Benefit
the charity exists to proclaim the gospel by preaching in churches and halls to introduce people
in the UK to Jesus Christ and operates across the nation so people can hear and learn of the
teachings of Jesus Christ.
In compiling the report the trustees confirm that they have had due regard to the public benefit
guidance issued by the Charity Commission.
The charity believes that the teachings it provides is a benefit to society and individuals through
transforming peoples, lives and the impact on themselves,their families and society as a whole.
Reserves Policy
The trustees, policy is to aim to retain sufficient cash and liquid assets to meet commitments in
case the charity ceases to operate. Wherever possible we would consider this to be 2 months
salaries and overheads.
Investment Policy
There is a freehold reserve held to cover any unexpected costs in repair and improvement of the
freehold property owned by the charity.
The charity does not hold any long-term investments or endowments. Cash surplus to monthly
requirements is held in a savings account.

Risk Analysis
Risk management is the process of making and carrying out decisions that will minimise the
adverse effect of accidental losses upon the charity. The risk management process is vital to the
personal health and safety of employees and the safety of the public. In financial terms, it is vital to
our ability to pursue our goals, commence and operate programs and events, and work out our
charitable aim in an efficient and professional manner.
The trustees of the charity have put in place a risk management strategy to pursue our risk
management goals and objectives. These goals and ¢)bjectives include:
1. Avoiding exposure to accidental loss by not undertaking events, contracts or activities where the
potential loss is greater than the potential benefit to be derived from these undertakings.
2. Preventing loss by identifying potential loss exposures and implementing policies and procedures
to reduce risk of these losses occuring.
3. Controlling losses that occur by:
a. Developing contingency plans for possible loss S￿na￿oS
b. Proper documentation and investigation of losses
4. Raising the awareness of all Trustee board members. employees. and volunteers con￿MIng
risk management within the charity.
These goals and objectives will be accomplished by:
a. Establishing a Risk Management Committee led by the chaimian. whose responsibilities will
be to implement, monitor, evaluate and revise plans to achieve our goals and objectives.
b. Finacial risk management to be monitored on a continual basis by the executive staff and any
risks forthcoming to be reported to the chaimian of the trustees al the regular meetings.
c. Risk management is a standing item for discussion at each monthly team meeting.
5. Cooperation is needed from all trustees, employees and volunteers. Only by working as a team
with common goals and objectives can we ensure the success of this risk management strategy and
its part in working out our aims and vision.

Trustees responsibilities
The trustees are responsible for preparing financial statements in accordance with applicable law
and United Kingdom generally ac￿pted accounting practice.
Select suitable accounting policies and apply them consistently,
Make judgements and estimates that are reasonable and prudent,
Prepare financial statements on the going concern basis unless it is inappropriate to presume that
the charity will continue.
Auditors
A resolution proposing that G C Forest & Co be appointed as auditors of the charity will be put to
the Annual General Meeting.
Trustees statement of disclosure to the auditor
We, the trustees of the charity who held Offi￿ at the date of approval of these financial statements,
as set out above, each confirm so far as we are aware, that:
there is no relevant audit information of which the charitys auditors are unaware. and
we have taken all the steps that we ought to have taken as trustees in order to make ourselves
aware of any relevant audit information and to establish that the charitys auditors are aware of
that information.
By order of the board of trustees
1410312025
Date
Mr John Mauricio London Rios
Chairman

Iglesia De Dios Ministerial De Jesucristo Internacional
Independent Auditor's Report to the Trustees of Iglesia De Dios Ministerial De
Jesucristo Internacional
Oplnion
We have audited the financial statements of Iglesia De Dios Ministerial De Jesucrito Intemacional for the year ended 30
September 2024 which comprise the Statement of Financial Activities, Statement of Financial Posttion, Slalement of
Cashflows and notes lo the financial slalemenls. including a summary of signrficanl acwunling policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdorn Accounting
Standards, Including, Financial Reporb'ng Standard 102 The Financial Reporting Stsndard applicable in the UK and
Republic of I￿land (United Kingdom Generally Accepted Accounting Practice}.
In our opinion the financial statements=
give a true and fair view of the state of the chariws 8ffairs as at 30 September 2024 and of its profrt for the year then
ended-
have been property prepared in accordance with United Kingdom Generally Accepted Accounting Practice
Basls for opinlon
We conducted our audr( in accordance with Inlemalional Standards on Audibng (UK) {ISAs IUK}l and applicable law. Our
responsibilities under those standards are further described in the Auditorfs responsibili(ies for the audtt of the financial
ststements section of our report. We are independent of the company in accordance wth the ethical requirements that are
relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our
other ethical responsibilities in accordance with these requirements. We believe thal the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions rglating lo going concern
In auditing the financial statements, we have concluded that the trustees. use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on Ihe work we have performed, we have not identified any material un￿rtaIntieS relating to events or conditions
that, individually or collectively, may c8St signrficant doubt on the companvs ability to continue as a going concern for 8
period of at least twelve m(Mlhs from when the financial stalements are authorised for issue.
Our responsibilities and the responsibiltties of the trustees wth respect to going concem are described in the relevant
sections of this report.
Other information
The other infoTmation comprises the information included in the trustees. annual report,other than the financial slalements
and our auditor's report Ihereon. The trustees are responsible for the other information contained within the annual report.
Our opinion on the financial statements does not tx)ver the other information and. except to the extent otherwise explicitly
stated in our report, we do not express any fomi of assurance conclusion thereon.
Our responsibility is to read the olher infomiabon and. in doing so. consider whether the other infom)alion is materially
inconsistent wth the financial statements or our kno￿edge obtained in the course of the audit or othermse appears to be
materially misststed. If we identify such material inconsislencies or apparent material misstatements, we are required lo
determine whether this gives rise lo a Material misstatement in the financial statements themselves. If, based on the work
we have perfomied, we conclude that there is a material misststement of this other infomiation, we are required lo report
that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
In the lighl of the knowledge and understsnding of the company and its environment obtained in the course of the audit, we
have not idenbfied material misstatements in the strategic retx)rt or the trustees. report.

George Christodoulou George Christodoulou (Mar 14, 2025 13:54 GMT) 



Iglesia De Dios Ministerial De Jesucristo Internacional
Statement of Financial Activities
for the year ended 30 September 2024
Including Income and Expenditure Account
Unrestricted
Funds
Total
2024
Restricted
Funds
Total
2024
Total
2024
Total
Incoming resources
Notes
23
Charitable activities
Collections and donations
1.219.367
1.219.367
857,935
Investment income
4.573
4,573
90
Total incoming resources
1,223.940
1,223,940
858,025
Resources expended
Charitable expenditure
Donations
Wages and salaries
Premises costs
Central support costs
Total charitable expenditure
18.749
246.095
283,794
238,191
786.829
18,749
246,095
283,794
238,191
786.829
228,407
245,665
214,146
688,218
Net incoming resources
Funds Brought forward
Funds carried forward
437.111
1.526.739
1.963,850
437,111
1,526,739
1,963,850
169,807
1,356,932
1,526,739
12
The Statement of Financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
The notes on pages 11 to 16 fonm part of the statutory accounts.

IGLESIA DE DIOS MINISTERIAL DE JESUCRISTO
INTERNACIONAL
STATEMENT OF FINANCIAL POSITION
as at 30 September 2024
Notes
2024
2023
Fixed assets
Tangible assets
2,046.842
1,938,802
Current assets
Debtors and prepayments
Cash at bank
Cash in hand
27,250
899,465
3,647
930,362
27,250
602,593
3,047
632,890
Current liabilities
Trade creditorslaccruals
10
86,688
62,153
Net current assets
Creditors: amounts falling due after
more than one year
843,674
570.737
926.666
982,800
Net assets
1,963,850
1.526,739
Funds of the charity
Unrestricted funds
Freehold reserve
12b
12c
1,883,850
80,000
1,963,850
1.446,739
80,000
1.526,739
Total funds
l approve these accounts and confim that I have made available all relevant records and
information for their preparation.
The financial statements were approved by the trustees on:
1410312025
Date:
John Mauricio Londono Rios - Trustee
Registered Company Number
1109326
The notes on pages 11 to 16 form part of these financial statements.

IGLESIA DE DIOS MINISTERIAL DE JESUCRISTO INTERNACIONAL
Statement of Cash Flows
for the year ended 30 September 2024
Notes
2024
2023
Operating activities
Net incoming resources
437.111
169.807
Adjustments for:
Interest receivable
Interest payable
Depreciation
Increase in debtors
IDecrease)lincrease in creditors
(4.573)
70.945
2.680
(90)
33,046
3,399
(1,000)
1,036,414
1,241.576
{31,599)
474.564
Interest received
Interest paid
4.573
(70.945)
90
(33,046)
Cash generated by operating activities
408,192
1,208,620
Investing activities
Payments to acquire tangible fixed assets
(110,720)
(1,166.048)
Cash used in investing activities
110.720
1,166,048
Financing activities
Repayment of loans
Cash generated by financing activities
Net cash generated
Cash generated by operating activities
Cash used in investing activities
Cash generated by financing activities
408.192
(110.720)
1,208,620
(1,166,048)
Net cash generated
297,472
42,572
Cash and cash equivalents at 1 October
Cash and cash equivalents at 30 September
605,640
903,112
563,068
605,640
Cash and cash equivalents comprise:
Cash at bank
Bank overdrafts
903,112
605,640
903,112
605,640
10

IGLESIA DE DIOS MINISTERIAL DE JESUCRISTO
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of accounling
The financial statements have been prepared in accordance wilh Accounling and Reporting by Charities-. Statement of
Recommended Practice applicable lo charities preparing Iheir accounts in accordance wilh the Financial Reporting
Standard applicable in the UK and Republic of Ireland issued in October 2019, The Financial Rewrting Standard
applicable in the United Kingdom and Republic of Ireland {FRS 102), and the Charits'es Act 2011.
The financial statements are prepared on a going concem basis under the historical cost conventio. The financial
statements are presented in sterfing which is Ihe functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are sel out below. These
policies have been consistently applied to all years presented unless otherwise stated.
b. Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the trustees are required to make judgements, estimates and
assumptions a￿ul the carrying amount of assets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experien￿ and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of
the revision and future periods where the revision affects bolh currenl and future periods.
Critical judgements
The following judgements (apart from those invclving estimates) have had the most significant effect on amounts
recognised in the financial statements.
Impairments
The trustees review fixed assets for indications of impaimient in conjunction with review of depreciation below. The
charity has policies in place lo review assets on an ongoing basis.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land and buildings
Equipment
Motor vehicles
No depreaalion provided
1510 on written down value
25°h on written down value
11

d. Going concern
These financial staternents are prepared on the going concern basis. The trustees have a reasonable expectation that
the charity will continue in operational existence for the foreseeable future.
The trustees have considered Ihe level of cash, current assels held and the expected level of income and expenditure
for 12 months from aulhorising these financial statements and reinforce decision making wilh forecasting, making
allowance for all available information.
The trustees consider thal the Charity's main aclivilies are underpinned adequalely by donalions and income from
charitable aclivilies. After careful consideration and evaluation of current management information and forecasls they
continue to adopt the g￿ng cOn￿M basis of preparation.
Income
Donations and other forms of voluntary income are recognised wlhin the accounts when received.
Legacies are a¢￿u￿ted for when notified. Income tax recoverable on gifts received is recognised in the period when
the gift is received.
Income received in respect of the Gathering is deferred and released at the time of the evenl.
Investment assets and the income arising
Investment income is trealed as income when re￿ived.
g. Fund raising
These costs are an allocation of expenses incurred.
h. Funds accounting
Funds held by the charity are..
lal Unrestricted general fvnds - these funds can be used in accordan￿ wth the charitsble objects at the discretion of
the Irustees.
Ibl Reslri¢led funds- these are the funds that can only be used for a parb"cular restricted purpose within the objects of
the Charity. Restridions arise when specified by the donor vthen funds are raised for particular purposes.
Pension costs
The charity operates a defined contribulion pensirm stheme. Contributions payable to Ihis scheme are charged to Ihe
profit and loss account to which they relate. These contributions are invested seperately from the chartls assets.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair
value. The capital element of the flrture payments is treated as a liability and the interest is charged to the profit and
loss account on the written down value method.
12

Land &
Buildings
Motor
vehicles
Equiprnent
Total
2 Tangible fixed assets
Cost
At 1 October 2023
Additions
Disposals
At 30 September 2024
1,925,123
110,720
23,642
19,846
1,968,613
110,720
2,035,843
23,642
19,848
2,079,333
Depreciation
At 1 October 2023
Charge for the year
At 30 September 2024
16,243
1,110
17,353
13,568
1,570
15,138
29,811
2,680
32,491
Net book value
At 30 September 2024
At 30 September 2023
2,035.843
1,925.123
6,289
7,399
4,710
6,280
2,046,842
1,938,802
2024
Unrestricted Restricted
Funds
Funds
2023
3 Collections and donations
Total
Collections and donations
1.219.367
1,219,637
857,935
2024
Unrestricted Restricted
Funds
Funds
2023
Total
4 Investment income
Interest receivable
4,573
4,573
4,573
4,573
90
90
2024
Unrestricted Restricted
Funds
Funds
2023
Total
5 Donations
Donations to other branches
18.749
18,749
13

6a Staff costs
Emloyees, pensions
Employerfs NIC
Salaries and wages
4,719
15,295
226.081
246,095
4,719
15,295
226,081
246,095
4,790
14,025
209,592
228,407
Average number of staff during the year
Average number of staff=
Ministry
Support stsff
No individual employee had emoluments above £60,OtKJ during the year.
6b Tru5tges' and key managemenl personnel remuneralion and expenses
Two trustees and key management personnel received remuneralion during the year.
The total amount of remuneration r￿1Ved by key management personnel during the year was £80,80512023 £80,244)
The trust considers its key management personnel to comprise of=
John Londono Rios
Julieta Duque Cuartas
Chairman
Operations Director
7 Prernisgs costs
Repairs
Building insurance
Water rates
Service charges
Rent
Light and heat
13,753
5.102
1.899
9.077
242,883
11,080
283,794
13,753
5,102
1,899
9,077
242,883
11,080
283,794
31,941
{151
296
207,939
5,504
245,665
2024
Unrestricted Restricted
Funds
Funds
2023
Totsl
8 Central support cost
Telephone
Bank charges
Bibles and literature
Administration expenses
Accountancy
Equipment expensed
Loan interest
Depreciation
Audit fees
Consultancy fees
Motor expenses
Stationery and printing
Travel
Legal and professional fees
Sundry expenses
3.657
5,180
3,450
2,890
17,942
11,521
70,945
2,680
7,200
60,219
1,854
838
34,320
10,336
5,159
238,191
3,657
5,180
3,450
2,890
17,942
11,521
70,945
2,680
7,200
60,219
1,854
838
34,320
10,336
5,159
238,191
2,427
5,628
938
4,680
7,723
59,075
33,046
3,399
60,299
2,294
1,832
29,509
480
2,816
214,146
14

9 Debtors
2024
Unrestricted Restricted
Funds
Funds
2023
Total
Other debtors - Rent deposits
27,250
27,250
27,250
27,250
27,250
27,250
10 Creditors- arnounts falling due within one year
Accruals
Bank loans
Other creditors
Pensions payable
Taxation and Social Security costs
23,909
56,117
400
1,037
5,225
86,688
23,909
56,117
400
1,037
5,225
86,688
3,200
54,600
4,353
62,153
11 Credltors: amounts falling due more than one year
Bank loans
926,666
926,666
926,666
926,666
982,800
982,800
12 Net Assets of the Charity's funds
2024
Resticted
2023
Unresticted
Funds
Funds
Totsl
la) Restricted funds:movements in the year
Balance as at 1 October 2023
Nel incoming reSoUr￿S
Balance as at 30 September 2024
Ib) Unrestrictgd funds:movemgnts in the ygar
Balance as at 1 October 2023
Nel incoming resources
Transfer from General reserve
Balance as at 30 September 2024
1.446.739
437.111
1,446,739
437,111
1,276,932
169,807
1,883.850
1,883,850
1,446,739
I c) Unrestricted Freehold reserve
Balance as at 1 October 2023
Transfer from General reserve
Balance as at 30 September 2024
80,000
80,000
80,000
80,000
80,000
80,000
TOTAL FUNDS AT 30 SEPTEMBER 2024
1,963,850
1,963,850
1,526,739
13 Taxation
The charity is exempt from payment of corporation and income tax as it is a registered charity.
14 Charlty status
The charity is registered with The Charity Commission.
15

15 Cash and cash equivalents
2024
Resticted
Funds
2023
Unreslicled
Funds
Totsl
Cash and cash equivalents comprise the following:
Cash at bank and in hand
903,112
3,112
605,640
16 Pensions and other post-rgtirgment benefits
The Charity operates a defined contribution pensi(￿ plan for its employees. The amount recognised as an expense in
the period was £4,71912023 £4,7901-
Where required pension costs are allocate(l on the same basis as staff costs for the purpose of allocation between
restricted and unrestricted fvnds.
16

## IGLESAIA DE DIOS 2024 ACCOUNTS 

Final Audit Report 2025-03-14 

Created: 2025-03-14 By: Paul Poli (paul@gcforest.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAOjGVZMywZsZXyXTPKOrWBFZaxm-FqGYA 

## "IGLESAIA DE DIOS 2024 ACCOUNTS" History 

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