2025-06-30-accounts

Tabernacle of Praise UPC London - EU (A company limited by guarantee)

Report and Financial Statements For the year Ended 30 June 2025

Charity number 1121554 Company number 06281396

Tabernacle of Praise UPC London - EU

Financial Statements For the Year Ended 30 June 2025

Contents

Contents	Page
Report ofthe Management Committee	1
Statement of Financial Activities	2
Statenent of Financial Position	3
Notes forming part of the financial statements	4-6
IndependentExaminer'sReport	7-8

Tabernacle of Praise UPC London - EU Report of the Management Committee for the year ended 30 June 2025

The Management Committee presents its directors’ report and unaudited financial statements for the year ended 30 June 2025

Reference and Administrative Information

Charity Name: Tabernacle of Praise UPC London « EU Charity registration number: 1121554 Company registration number: 06281396 Registered Office: 34 Oaklands Avenue London N9 7LH Management Committee: Mrs Gina Raymundo Chair Miss Eulalia Flores Miss Marivic Sanglay Treasurer Mr Alpiano Bacsal Mrs. Raquel Ferrer

Secretary:

Miss Marivic Sanglay

Bankers - NatWest, 40 Whitgift Centre, Croydon, Surrey, CR9 3BQ HSBC, 10 South Mall, Edmonton, London, N9 0QU

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Tabernacle of Praise UPC London - EU

Statement of Financial Activities (including Income & Expenditure Account ) for the year ended 30 June 2025

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||||||| |---|---|---|---|---|---| |Restricted| |Unrestricted|Income|‘Total|this| |funds|funds|year|Total|last year| |2024| |£|£|£|£| |Incoming|resources| |Donations,|legacies and Grants|80,610|-|80,610|64,743| |Other|income| |Total incoming resources|80,610|.|80,610|64,743| |Resources|expended|(Note|2)| |Costs|of|generating|funds| |Charitable|activities|.|.|.| |Total resources expended|78,844|78,844|62,154| |Net incoming/outgoing)| |resources before|transfers|1,765|:|1,765|2,590| |Net incoming/outgoing)| |resources|before|other| |recognised gains/(losses)|1,765|-|1,765|2,590| |Other|recognised|gains/(losses)| |Net movement in funds|1,765|1,765|2,590| |Total|funds|brought|forward|.|.| |Total carried forward|1 765|:|1,765|2,590|

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The statement of financial activities includes all gains and losses in the year. Incoming resources and resources expended derive from continuing activities.

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Tabernacle of Praise UPC London - EU

Statement of Financial Position as at 30 June 2025

		2025		2024
	Notes	£		£
Fixed Assets
Tangible assets	3	5,117		5,968
Current Assets
Debtors
Cash at bank and in hand		15,312		11,580
		15,312		11,580
Creditors
Creditors due in less than 1 year		1.140		5,016
Net Current Assets		14,172		6,564
Net Assets		19,289 nn’	———	12,532
Unrestricted funds
Generalfunds		19,289		12,532

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard

Approved by the management committee ON ........0..06 ccc GN signed on tts behalf by:

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Tabernacle of Praise UPC London - EU

Notes forming part of the Financial Statements for the year ended 30 June 2025

1}. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.

(a) Basis of accounting

The financial statements have been prepared under the historical cost convention, as modified by the inclusion of fixed asset investments at market value, and in accordance with the Companies Act 1985 and the Statement of Recommended Practice : Accounting and Reporting by Charities issued in March 2005,

(b) Fund accounting

• . Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

• . Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes.

• Restricted funds are subjected to restrictions on their expenditure imposed by the donor or

• through the terms of an appeal.

(c) Incoming resources

• All incoming resources are included in the statement of financial activities when the charity 1s entitled to, and virtually certain to receive, the income and the amount can be quantified with reasonable accuracy. The following policies are applied to particular categories of income: . Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

• . Donated services and facilities are included at the value to the charity where this can be quantified, The value of services provided by volunteers has not been included in these accounts,

• • Incoming resources from charitable trading activity are accounted for when earned.

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Tabernacle of Praise UPC London - EU

(d) Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred, Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:

• . Costs of generating funds comprise the costs associated with attracting voluntary income.

• . Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

• . Governance costs include those costs associated with meeting the constitutional and Statutory requirements of the charity and include the accounting fees and costs linked to the Strategic management of the charity.

• . All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly,

(e) Fixed assets

Fixed assets (excluding investments) are stated at cost less accumulated depreciation, The costs of minor additions or those costing below £100 are not capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which in all cases is estimated at 4 years,

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Tabernacle of Praise UPC London - EU

2 Total Resources Expended

Total Resources Expended
		°
		E	3	3
	g3	[= oga	g	x
Rent, lease, ratesand Insurance	Direct	39,758	39,758	47,758
Pastor's Assistant	Direct	5,400	5,400	5,400
Depreciation	Usuage		-	-
Bank charges and interest	transactions	132	132	lol
Training andconference	Direct	897	897	-
Bills	Direct	4,610	4,610	2,747
Donations and Grants	Direct		-	210
Legal and professional fees	Usuage		-	-
Accountant	Direct	700	700	600
Decoration, supplies, labour ete	Direct	5,601	5,601	148
Mission	Direct	5,298	5,298	1.125
Zoom	Direct		-	174
Anniversary celebrations /thanksgiving	Direct	897	897	-
Humanitanium	Direct	370		-
Ministers Offering	Direct	7,140	7,140	-
Cateringand Refreshment	Direct	2,617	2,617	2,024
Stationery,postage, officesupplies& expenses	Direct	1,240	1,240	199
Travelling	Direct	349	349	-
Miscellancous	Direct		-	-
Water Aid	Direct	120	120	120
Instrument use	Direct	2,352	2,352
BibleStudy	Direct	1,364	1364	1,488
TotalResourcesExpended		78,844	78,474	62,154

3 Tangible Fixed Assets

Cost
At O1 July 2024	24,631	24,631
Additions
At 30June 2025	24.631	24,631
Accumulated Depreciation
At O1 July 2024	18,663	17,812
Charge for theyear	851	851
At 30 June 2025	19,514	18.663
Net book value
At 30 June2024	5,968	6,819
At30 June2025	5,117	5,968

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;
Wi, »\ Allen Robyn & Associates Limited
z CHARTERED CERTIFIED ACCOUNTANTS
a, >» / IN THE UNITED KINGDOM
ependent Examiner's report to the Trustees of "Tabernacle of Praise UPC London -
EU"
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I report on the accounts of the company for the year ended 30 June 2025, which are set out on pages 01 to 06,

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit ts not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

• ¢ examine the accounts under section 145 of the 2011 Act

• ¢ to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act

• ¢ state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review ofthe accounting records kept by the charity and a comparison of the accounts presented with those records, It also includes consideration of any unusual items or disclosures in the accounts and secking explanations from you as 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 ts 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:

• |. which gives me reasonable cause to believe that in any material respect the requirements:

• e to keep accounting records in accordance with section 386 of the Companies Act 2006

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Registered OM 367 Caledonian Road, London,, N7 900, UK N 3718249 [phone] / 4731 [e-mail] Net www.allenrobyn.com RT Allen FCCA

• ¢ to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met or

• to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Rolston Allen FCCA Allen Robyn & Associates Ltd 367 Caledonian Road London N7 9DQ

Date: 31" March 2025

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