2025-03-31-accounts - Everlasting Life International Ministries

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EVERLASTING LIFE INTERNATIONAL MINISTRIES

1 CANDLE GROVE NUNHEAD LONDON SE15 3JP

CHARITY NO 1111669

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

AJN & CO LTD 2 SILVER STREAK WAY STROOD, ROCHESTER KENT ME2 2GY

EVERLASTING LIFE INTERNATIONAL MINISTRIES

TRUSTEES:

Mrs Pamela Serwa Amoah Mr Richmon Agyekum Ituzaro Mrs Margaret Arhin Mr Isaac Kingsley Mensah Rev Kingsley Kwabena Amoah Mrs Janet Affum-Baidoo

CHARITY NO:

1111669

ACCOUNTANTS:

AJN & Co Ltd 2 Silver Streak Way Strood, Rochester Kent ME2 2GY

CONTENT:

Trustees' Reports
Balance Sheet
Statement of Financial Activities
Notes to the Account

EVERLASTING LIFE INTERNATIONAL MINISTRIES

TRUSTEES' REPORT

The Trustees have pleasure in submitting their report, and accounts for the period to 31st March 2025.

The financial statements have been prepared in accordance with the accounting policies set out on page

5 and comply with the Statement of Recommended Practice (SORP 2015 ) and the applicable law.

Constitution, objective of the charity, principal activities and organisation of our work

The charity is constituted under a Constitution adopted on 13th October 2005.

The objectives of the charity as set out in the Declaration of Trust are:

(a) The advancement of the Christian faith.

(b) The relief of persons who are in poverty.

(c ) The promotion of good health

(d) The advancement of education

(e ) The rehabilitation of ex-offenders, drugs and alcohol abusers

(f) The provision of recreational facilities for the aged, disabled and those who need the facilities.

The ministry was involved in Christian outreach programmes designed to increase Christian awareness and spread the Gospel of our Lord Jesus Christ.

Public benefits, development activities and achievements in the year

When planning our activities in the year, the trustees considered the Charities Commission's guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion. We help ordinary people in the community to live out their faith through worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus Christ.

We used our church van to help Pecan distribution to deliver food parcels to those that needed it in the London Borough of Southwark. We also made donations to Russell Court Sheltered Home in Peckham, London.

Our youth organised outing to Southend beach and youth evangelism, games and feeding to support the homeless in the community.

Our women fellowship also organised cooking for the homeless in Southwark at Burges Park.

The church organised a youth mentorship programme for the youth in the community.

The Church made monthly donations to orphan children in Pakistan.

The Trustees are pleased to report that the Church continued to be successful spiritually by ministering to many people.

Review of the financial position

The net deficit for the year amounted to £12,148. All of these are attributable to the unrestricted reserves and no fund is allocated to restricted projects.

Board of Trustees

The members of the board of trustees during the year were:

Mrs Pamela Serwa Amoah Mr Richmon Agyekum Ituzaro Mrs Margaret Arhin Mr Isaac Kingsley Mensah Rev Kingsley Kwabena Amoah Mrs Janet Affum-Baidoo

Approval

This report was approved by the board of trustees and signed on its behalf by:

Dated

Mrs Pamela Serwa Amoah

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

EVALASTING LIFE INTERNATIONAL MINISTRIES

CHARITY NO 1111669

I report on the Financial Statements of the charity for the year ended 31st March 2025, which are set out on pages 5 to 8 below.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (The 2011 Act ) and that an independent examination is needed.

It is my responsibility to :

examine the accounts under section 145 of the 2011 Act,
follow the procedures laid down in the general Directions given by the Charity Commission
[ under section 145(5)(b) ] of the 2011 Act, and
state whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER'S STATEMENT

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Trust 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 the trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to my attention :-

1) which gives me reasonable cause to believe that in, any material respect, the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply accounting requirements of the 2011 Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Isaac Addai FCCA, FFA/FIPA, MBA(Finance), BA(Hons) Dated AJN & CO LTD 2 Silver Streak Way Strood, Rochester Kent ME2 2GY

EVERLASTING LIFE INTERNATIONAL MINISTRIES

BALANCE SHEET AS AT 31ST MARCH 2025

Notes 2025 FIXED ASSETS £ Tangible Fixed Assets 2 11,348 CURRENT ASSETS Other Debtors 6 6,500 Cash at Bank and in hand 69,136 75,636 LESS CREDITORS: Amounts falling due within one year 7 (2,566) NET CURRENT ASSETS 73,069 TOTAL ASSETS LESS LIABILITIES 84,418 MEMBERS ACCUMULATED FUNDS Unrestricted Funds 9 84,418 84,418 Approved by the Board of Trustees and signed on its behalf by :- Mrs Janet Affum-Baidoo Dated	2024 £ 13,844 1,500 82,147
	83,647
	(924)
	82,722
	96,566
	96,566
	96,566

EVERLASTING LIFE INTERNATIONAL MINISTRIES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025

Notes Income and endowments from: Tithes & Offerings IR Gift Aid Interest Received Total Expenditure on: Charitable Activities 4 Total Net Movement in funds Reconciliation of funds Total funds brought Forward Total funds carried forward		Unrestricted Total Fund Total Fund 2025 £ £ 69,866 69,866 13,380 13,380 1,096 1,096 84,342 84,342 96,490 96,490 96,490 96,490 (12,148) (12,148) 96,566 96,566 84,418 84,418	Total Total 2024 £ 55,823 10,780 978	Total
			67,581
			52,377
			52,377
			15,205 81,361
			96,566

There were no recognized gains or losses for the period other than those included in the Statement of Financial Activities

The notes on Pages 5 to 8 form part of these accounts.

EVERLASTING LIFE INTERNATIONAL MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

NOTE 1. BASIS OF ACCOUNTING

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at

cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014. and with the Charities Act 2011.

1.2 Going concern

The charity will contiue as a going concern as there are no material uncertainties that cast significant doubt on the charity's ability to continue as a going concern.

1.3 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (FRS 102 SORP).

1.4 Material prior year error

No material prior year error have been identified in the reporting period (FRS 102 SORP).

NOTE 2. ACCOUNTING POLICIES

2.1 INCOME

Recognition of income

These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; and it is more likely than not that the trustees will receive the resources.

Income from Tithes and Offering are included in charitable activities when they are receivable.

Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.

Grants and donations

Grants and donations are only included in the SoFA when the general income recognition creteria are met (5.10 to 6.12 FRS 102 SORP).

Tax reclaims on donations and gifts

Gift aid receivable is included in income when there is valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Income from interest, royalties and dividend

This is included in the account when receipt is probable and the amount receivable can be measured reliably.

EVERLASTING LIFE INTERNATIONAL MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

2.2 EXPENDITURE AND LIABILITIES

Liability recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasoble certainty.

Governance and support cost

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

2.3 ASSETS

Tangeble fixed assets for use by charity

These are capitalised if they can be used for more than one year, and cost at least £100.00

They are valued at cost.

The depreciation rates and methods used are disclosed in note 3.

Debtors

Debtors (including trade and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity.

Subsequently, they are measured at the cash or other consideration expected to be received.

NOTE 3. TANGEBLE FIXED ASSESTS

3.1 Cost

Costat 1st April 2024 Additions during the year At 31st March 2025 3.2 Depreciation and impairments Basis Rate Depreciationas at 1st April 2024 Charge for the year At 31st March 2025 Net Book Value at 31st March 2024 Net Book Value at 31st March 2025	Plant, Fixtures, machinery and fittings and Total motor vehicles equipment 2025
	£ £ 25,195 56,002 81,197 - 1,287 1,287
	25,195 57,289 82,484
	Reducing Reducing Reducing Balance Balance Balance 25% 25% 25% 20,991 46,362 67,353 1,051 2,732 3,783
	22,042 49,094 71,136
	4,204 9,640 13,844 3,153 8,195 11,348

EVERLASTING LIFE INTERNATIONAL MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

NOTE 4. EXPENDITURE ON CHARITABLE ACTIVITIES Rent and Rates Evangelism and Mission Welfare and Supports Honorarium Travel & Motor Expences Printing, Postage and Stationery Telephone & Internet Cost Depreciation Repairs and Maintenace Donations Insurance Instrumentalists Ministerial Allowance Pension Contributions Bank Charges Radio Adverts & Publicity Accountancy fee Software cost Legal & Professional fees	2025 £ 26,982 365 1,086 2,050 3,244 479 680 3,783 32,539 1,425 1,550 3,790 10,661 - 252 5,106 750 281 1,469 96,490	2024 £ 21,917 115 622 2,200 1,985 210 464 4,615 640 950 186 3,075 10,661 111 272 1,520 600 104 2,131
		52,377

NOTE 5. TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES

5.1 Trustee remunerations and benefits

Rev. Kingsley Kwabena Amoah, a Trustee and the Pastor of the charity was paid £10,661 remuneration for the year as a Minister of Religion. No other trustee received remuneration or benefit from the charity.

5.2 Trustees' expenses

No trustee expenses have been incurred.

EVERLASTING LIFE INTERNATIONAL MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

NOTE 6. DEBTORS AND PREPAYMENTS 6.1 Analysis of debtors Rent Deposit Other Debtors NOTE 7. CREDITORS AND ACCRUALS 7.1 Analysis of creditors Accruals Other taxes & social security cost NOTE 8. NET MOVEMENT IN FUNDS FOR THE YEAR The net movement in funds for the year is stated after charging: Accountancy fee Depreciation for the year NOTE 9. ANALYSIS OF NET ASSETS BETWEEN FUNDS	2025 2024 £ £ 1,500 1,500 5,000 - 6,500 1,500 2025 2024 £ £ 750 600 1,816 324 2,566 924 2025 2024 750 600 3,783 4,615 Amounts falling due within one year	2024 £ 1,500 -
		1,500
		924
		2024 600 4,615

Equipments & Instruments £ 11,348	Net Current Assets £ 73,069	TOTAL
		2025 £ 84,418
£ 11,348
11,348	73,069	84,418