Tabemacle of Praise UPC London - EU (A company limited by guarantee) Reporl and Financial Statemerrts For the year ErKled 30 June 2023 Charity number 1121554 Company number 06281 Tabernacle of Praise UPC London - EU Flnanclal Statements For the Year Ended 30 June 2023 Cont•nt8 Slatenent of Flnanclal Posltlon Notes f¢)ffliinq part of tho financial sl*l•m Tabernacle of Praise UPC London - EU Report ol the Managemerrt Committee for the year ended 30 June 2023 The Management C4ynmittee iyesents its directors. rewrt and unaudited financial slaternenls for the year ended 30 June 2023 Reference and Administrative Inforniation Charity Name: Tabernacle of Praise UPC London - EU Charity registratiM numtH: 1121554 Company Tegistration nurnber: Cf)2813% Registered Office. 34 Oaklants Avenue London Management Committee: Mrs. Luc1ana Somera Miss Eu131ia Flores Mfs Lowenia Manginsay Miss Marivic Sang13y Mr Alpiano Bacsal Mrs. Raquel Ferrer Chair Treasuref Secreta￿. Miss MaflVl¢ Sanolay Bankers - 3tWe5t. 40 ￿ltgift Centre. Croydon. Surrey. CR9 3BQ HSBC, 10 South Mall. Edmonlon. London. N9 OQU Page I Tabernacle ol Praise UPC London . EU Statement ol Financial Aclivitses (Including Income & Expenditure Acco￿1 ) lor the year ended 30 June X123 ke5￿(ted •Kome Total this ds Unm5tvid•d Total last y•¥ Incoming resources Don*tltsn& ￿gacleS and Gt•n15 68.423 69.423 34.306 8.504 Totalincoming resources 69.423 &8.423 42.811 Resources expended (Nott Z) Costs of generating funds 85.577 85.577 rotal resource5 expended 48.719 48,719 msourcès A>e10￿ translws 19,7fy1 19.704 (42.766) Ile¢ incominrfoutgomqj resources befo￿ other recognisedgainWssesJ Other recognised gainsloosses) Net nR7vement in lunds Tolal funds brought forward Tolalcarriedlonva 19.704 19.704 {42.7E6) 19.704 19.7C4 (42.766) 19.704 19.704 42.766 The statemenl ol financial activities includes all gains •rKI losses in the year. Incoming resources and resources ex￿nded derive from continuing activities. Page 2 Tabernacle of Praise UPC London - EU Slalement ol Financial Position as at 30 June 2023 2023 2022 Notes Fixed Assets Tangible assets 6.819 7.670 Current Assets Debtors Cash at bank and in hand 6.015 6.015 10.8&8 10.8&8 Creditors Creditors due In less lttan l year 10.974 20.550 Nel Current Assets (4.959) (9.fM92) Net Assets 2.012 Unrestridd funds General funds 2.012 These financial statements have been prepared In accordance with the provisions of SediM I A (Small Entities) of Financial ReportiTr3 Standard Approved by the management comrrittee on signed on its behall by 29 March 2024 and Page 3 Tabemacle of Praise UPC London - EU Notes lormiTro part ol the financial StstemeThls lor the year ended ￿1 2023 l. Accounting POI￿leS The prIr￿1pal accounting px)Iicies ale WFnmaTised bebw. The accountiry tJ)Iicies have been appl￿ Lonsislerilly IhwwJhout yea aTrJ in Ihe pie(*È*ro yea. (4) 8asis of accountin9 nie liiiaiKial slmirnJ resourte5 All incomin¢J resources are I￿[￿ed In the ststerYEnl of financtal acl(vilies when the charrty Is enlilled lo. virtually (xrtain ID feceNe. the and the amui)t can be qtwltl*(J witb reasi)nable ￿ttya¢y. lollowiThJ ae arplied to parlicular cale(wr*s ol Into￿." Volunlaiy ncome Is fecetved by way ol grants. ck>nalions atKI gifts Is IrKltJded in lull In the Statement of Financial Actlvrties when ieceivatrAe. wheie ￿tilleMent Is iiol condrtional the delNeTy ol a specilic tErt0rMar￿e by chaity. ae Tec￿nig￿ the chafily becomes urKoThJiliorolly enlitled lo the grant th)nated seivices ar¥J t￿Ill￿e$ ae InclLNJaJ al tlie valiie to Chwrty where Ihts can quantified. The value ol services rmovided by v(AuT)teei s has rKtrl ￿en Inclu(kd In these accounts. ITKomirMJ reswrce5 frum charitable tsJJir¥J actNFty a(e ￿COUnted for when earned. Page 4 Tabernacle of Praise UPC London - EU (d) Resources expen¢kd ExtE[M11t￿e Is iec¢yy)Ised ￿ an ￿Clua1 bass as a I￿t￿lity Is wkillied. EX￿lit￿le Ir￿ludeS 3rry VA T which be fulty wecovered. rer#yted a5 of the expendrture to wh Il ielaies.. Costs ol gervw lunds ¢ryise the cosls as9)¢￿ted with attsactir¥J viAuntary Ir￿0M￿. Charilable expv.INJIlLwe ccWryi￿ those costs w￿￿rred by the thairty ITr the thlivery ol Ils ￿lI￿lieS ar￿ wvices Trls t￿l￿1￿les. 11 mcludes tK)Ih costs that can allLKated directly to such acltvilies ar¥J those cosls ol an indiied nece55afy to sw)wit them. GoverrkarKe cosls Ir￿[lAje lknse costs aSSCLJaled wlh meeling ¢￿$t￿tlItion￿I Wid statLJtoiy requifen*nts ol the charrty ar¥J IfKILbk the &counting lees and cosls linked to I slialegic marwrent ol the ctstty. All costs ￿e all(Kaled between ex￿ndItUre calegories ol Ihe SOFA on a basis de&(Ji)ed lo ielleLt 11)e Ltse of trt Feswice_ Costs relatiw lo a paiticula ￿tIvIty ae albcaled diyectly. {e) Fixed tssets Fixed as5e15 (exdudir¥J Inveslntrts) are sialed al eosl kss ￿¢UmulaIed rteprecialiw. costs ol mirK>i athliliorts ry those cosbTr3 bel(Nw £1 cwilalÈsuJ. Dewecialion Is tXOVKJed al ièles calculated to wiile off t￿ cost of e&h asset over Its expected t￿etu1 Iile. whKI) Jn tll cases is estinwted at 4 years. Page 5 Tabernacle of Praise UPC London - EU Total Resources Expended Rent. lease. iale5 WKI In5W Paslof's Awslanl DepTecialion 8ar* charges and Interest Training aThY conlerer rect Dtrect Usu3ge transactions Direct rArect DITect Usuage Direct Direct Direct Direct Direcl Direct Direct Direct Difect Direct Diiecl 29.064 5.4LKI 28,511 5.4CK) 201 2TrJ Donations aThJ &J)Is Legal arKI FKofessi0n￿ lees A¢£ountanl Dec￿811￿. sutvles. etc Mission Z(Kim Aii#Ne•sary Cele￿allor6.I¢1WnkSgIVl￿g Hiirnallitaiium Ministers Offewing Caleflry arKI RefTeshmenl Sia114Mery. tx)$￿. Ollice sumlies Ti avelling MLscellane(x Water Aid Bible Stu Total Resourees Exr*nthd 216 216 216 600 6.210 220 173 450 34.243 6,210 220 173 173 1.670 450 410 1.88¢ 4.108 141 240 2.￿1 524 1 .505 2.291 524 1 .505 1,494 85,577 48,719 48.719 3 Tangible Fixed Assets Cost At 01 July 2022 Additions At 30 June 2022 24.631 16.686 7.945 24.631 24.631 Accumulated Derweciation At 01 July 2021 Charge for the year AI 30 June 2022 16.%1 16.110 851 16,961 851 17,812 Nel book value AI 30 June 2021 At 30 June 2022 7.670 6.819 3.187 7.670 Page 6 Allen Robyn & Assoclates Llmlted CHARTERED CERTIFIED ACCOUNTANTS IN THE UNITED KINGDOM Independeni EIamits¢￿$ report to the Trusteej of "Tabern￿￿ of Pr%ise LTPC iA•ndon - EL" r rerK)rt on the accounts of the comtyan) for the year ended 30 June 2023. w'hich are set out on pages 01 io lkn. Respective responsibililiu of trnsteej •nd eIAminer Th¢ trustees (M'ho are also the directOTS of the compan) for the purw)ses of companv lavi) are resp)nsiblc for the pretAraiion of the accounts. The tn￿eeS Co￿lder that an audil is not required for this year under section 14412) of the Charities Aci 2011 (the 2011 Act) and that an indcpendent ¢xaminalion is needed. Ha&ing satisfied m)'self that the charit) is not subject to audii under company law and 1$ eligible for independent examintho￿ il is my respjnsibility to: examine the accounts under section 145 of the 2011 Acl to follow, the procedures laid down in gewal Directiorns given by the Charity Commission under section 145(5Mb) of the 2011 Act stai¢ whether particular rnalt¢rs haTre coThe lo m). attention. B¥8is of independent examiner's ￿pOrt My examination v￿$ Gvricd out in ￿0Th1an￿ with the general Direclions given by the Charity Commission. An examination includes a review of the accounting reconts kept bv the harit), and a comparison of the accounts presented with those records. li also includes consideration of any unusual ilems or dixlosures in the ac£ounts and seeking explanations from you &8 trustees concerning an) such malteT5. The pr(Kcdures undertaken do not PTOi'ide all thc evidence thai w'ould t¢ required in an audit and consequentl}' no opinion 15 gi&en &s lo ,hether the accounts presenl a'true and fair iieTA and the rcwrt is limited io those matiers set out in the 5tstemcnt t￿lOv￿. Independent ex*miDer's st4t¢me#t In conncction my e￿￿MinatIO￿ no mattcr h&s come to mv attention." hich gives me rea￿nable cause to believe thai in an> material respect the requirements" to keep accounting records in accordance with section i86 of the Companies Act 2(J)6 egistered Qfftce". Company Reg15tT3tion N'.mbef". Ttlpphone". -m311. Website". Director". 367 Calthian Road. Loth.. N7 9011 UK 3718249 +4410120 17￿ 113014731 attounts@aI￿nT0￿ffj.c0m www.allenr0b￿i.corn R T Allen FCCA Allen Robyn & Assoclates Llmited CHARTERED CERTIRED fv£couKfA14TS IN THE UNITEO KINGtM to preparc accounL4 u.hich accord ￿7th the accounting records. complv ￿ryth the accounling requirements of scction i96 of thc Companies Aci ?006 and i'iih the methiNJs and principles of the Sthiemenl of Recommendcd Practice". Accounting and RetM)rting b!" Charilies hal'e noi been met or to w'hi¢lL in mv opinÉotL attention should Ix drawn in order to enable a pror underslanding of thc accounts io ￿ reached. Rolston Allen FCCA Allen Robyn & Assoclates Ltd 367 Caledonian Road London N7 90Q Date: 61h May 2024 367 caledtym￿ Ro￿. L¢rthi. N7m UK 3718249 +4410120 77￿)1130 14731 a¢cwnts@allenTOtrffj.c(*n w*w.allenrotrffj.com A T Allw FCCA