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2022-12-31-accounts

Charity Number: 1128570

ABUNDANTE VIDA CHURCH TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/DECEMBER/2022

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ABUNDANTE VIDA CHURCH

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CONTENTS
Page
Legal and administrative information 3
Trustees report 4
Independent Examiner's Report 6
Statement offinancial activities 7
Balance Sheet 8
Notes to the financial statements 9
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.1¥ 8bYIX 7LY

Trustees’ report for the year ended 31" DECEMBER 2022

tr| The trustees present their annual report have adopted the provisions of the Statementand financial Practice statementsAccountingfor theandyearReporting ended 31STby CharitiesDECEMBERissued 2022.in March The trustees2005 In preparing the annual report and financial statement of the charity. The objects of the charity are:

trustees1. To advancefrom timethetoChristiantime may faiththink forfit; the public benefit in such ways and in such parts of the United Kingdom as the 2.10 relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods theOF servicestrusteeso f rom any timeKind,to includingtime thinkthraughfit andthe provision of counselling and support in euch parts of the United Kingdom as

  1. To advance education for the public benefit in such ways and in such parts of the United Kingdom as the trustees from time to time may think fit The trustees meet regularly to manage the charity affairs. The charity has many volunteers during the year.

Davelopment,activities and achievements

The organisation held successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held several conferences during the year in which individuals came from all around the country to attend. This has produced good results In reaching and helping members

Transactionsand financtal position

The statement of financial activities shows a net loss of £33,505,

Fixed Assets

Detailed of movements in the tangible assets used by the Charity are set aut in the note 8 to the accounts.

Fund available

The present level of funding is adequate to support the continuation of the charity principal activities now in operation for the medium term, and the trustees consider the financial position of the charity to be satisfactory.

The trustees actively review the major riske which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.

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Trustees’ report for the year ended 31 DECEMBER 2022

aae ae

Charity law requires the trustees to prepare the financial Statements for each financial year with give a true and fair view ofthe state of affairs of the charity at the year end and its incoming resources and resources expended during that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2006. They are also responsible for Safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities,

Independent Examination

A resolution proposing that Rodolfo Basilio be reappointed as independent examiner will be put to the Annual General Meeting,

This report was approved by the trustees on 09/05/2023 and signed on its behalf by

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S70
Mrs, Gleidifene Faiole Mr,vaca Dias Mr.Eo Goncalves
Trustee Trustee Trustee
09/05/2023 09/05/2023 09/05/2023
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Independent Examiner's Report To the trusteesABUNDANTEVIDA CHURCH

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| report on the accounts of the church for the year ended 31ST DECEMBER 2022 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts; they consider thet the audit requirement under section 43(2) of the Charities Act 1993 {the 1993 Act), does not apply. It is my responsibility to:

Basis of Independent examiner's raport

My examination was cartied out in accordance with the general Directions given by the Charity Commissioners. An examination Includes @ review of the accounting records kept by the church and a comparison of the accounts presented With those records. It aiso includes consideration of the unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide ail the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts,

independent examiner's statement

Based on my examination, no matters has come to my attention which gives me reasonable cause to believe that in any material respect, accounting records have not been kept in accordance with section 41 of the 1993 Act, or that the accounts presented do not accord with those records, or comply with the accounting requirement of the 1903 Act. No matter has come to my attention in connection with my examination to which, in my opinion, attention should be drawn to enabis @ proper understating of the accounts to be reached,

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Vedant Patel
ACCA ~ Membership number 1687798
09/05/2023
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IrAx¥ 14333 17 17.IXI *7 18527 178. 1q817

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ABUNDANTEVIBA CHURCH
Balance Sheet as at
SistDecember2022
Unrestricted
Notes funds 2022 2024
Fixed assets £
Tangible assets 8
Current Total fixed assots ees eee 2 ee ee
Debtors assets 9g
Cash at bank and in hand 31,238 31,236 78,070
Total current assets 31,230 "se SCR OT
Creditors: amounts failing due after y
more than one year 16 73,326 73,328 &6,562
Net current assete/(liabiitties) : 42.087. - 42.087 - 8.492
Total assets fess current Habilitios - 42,087 - 42,087 - 8492
oneCreditors:year amounts failing due after
Fundsof the Charity Net Habiiities - 42,087 42,087 - 8,492
Unrestricted funds
Restricted Income funds - - “
Endownent funds ee aPe
Total ae eo) ee oo
funds ~ 42,087 “ 42.087 ” 8,492
Signed by one or two trustees on behalf ;
of all the trust Signature Dateof approval
Me Cleidirene Faiole j
HeA\Ov Ys) Aglos [%3
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NOTESABUNDANTEVIDA CHURCH FOR THE YEAR ENDEDTO THE31STACCOUNTSDECEMBER 2022

1. Accounting Convention

The financial statements are prepared under the historical cost convention and follow the recommendations in’ theAccounting[Charities] andActReporting2006. by Charities: Statementof Recommended Practice’ issuedin March 2005 (SORP 2005} and The charity has taken advantage of the exemption in FRSO1 from the requirement to produce a cash flow statement becauseif is a small charity.

2. Accounting policies

Recagnitiof incoming res o urcesn

incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the Sofa,

Grantsand donations

Grants and donations are only included in the Sofe when the charity has unconditional entitlement to the resources. Tax reclaims on donations and gifts

Incoming resources from tax reciaims are included in the Sofa at the same time as the gift fo which they relate. Giftsin kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when gold or distributed by the charity. Gifts in kind for use by the charity are included in the Sofa as incoming resources when receivable. Investmant income

This is inched in the accounts when receivable.

Liability recognition

Liabilitiesresources,are recognised as soon as there is @ legal or constructive abligation committing the charity to pay out

Governance costs

Costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice fo trustees on governance or constitutional matters.

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ABLV4L¥JNTE VIDA CHIMH a)22 132.7fA1 14, 16,428 17 Totsl io

ABUNDANTE VIDA CHURCH FOR NOTES TO THE ACCOUNTS THE YEAR ENDED 31ST DECEMBER 2022

4-7. Analysis ofresources expended

Analysis 2022 2021
CostofActivitiesAccountingandConsultancy
Advertising		 3,075
2,033		 4,003
1,127
Bankcharges 233 705
Charitableexpenditure 4,473
Business rate
Donations 5,263
Fuel
insurance		 1,657
2,378		 1,966
3,991
Maintenance 4,382
Heatand light
NiEmployer 3,191
Offaring
Other expenses
Equipments		 6,936
1,403		 7,952
810
8,886
Postage 3 14
Premises Expenses 7,346 6,575
Professional foes
Rert 70,929 58,741
Rent ofBuilding
Entertainment
Salary 47 312 49,612
Seminars a1
Meals
Stationery 650 344
Subscriptions 906 1,788
Sundryexpenses
Training
Telephone		 8
4,000		 383
44,750
Storage
Travel 3,809 §,082
Total 156,376 176,004,

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ABUNDANTE VIDA CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022

&. Tangible Assets

Nig

9. Debtors

twa

10-11. Creditors

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Amounts falling due after more
than one year
2022 2024
£ 4
Loansand overdratts 37,862 49,338
Trade creditors 35,464 37,224
Amounts due te subsidiary and associated undertakings - “
Other creditors
Accruals and deferred income = =
i sateeaialash iilomemmnatteenidiren a uetee OTE, STEIN,
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F¢¢ M YEAR JIK DECWER FuThJ 121,781 1378 47.312 1191 47J 13

ABUNDANTENOTES VIDA CHURCH FOR THE YEAR ENDEDTO THE 31STACCOUNTS DECEMBER 2022

Doar Sirs,

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We confirm the following information in connection with the financial statements for the year 31ST DECEMBER
2022 Is to be best of our knowledge and belief, true and fair, bearing in mind the requirements of the Charities
Act 1993,
4. General
To the best our acknowledge and belied all transactions undertaken have been properly recorded in the accounting
records and these financial statements and all relevant records have been given to you.
2. Accounting Policies
The Accountings policies used and detailed in the financial statements and are consistent with those adopted in the
previous financial statements.
3. Statementof Financial Activities
Except as disclosed in the financial statements, the results for the year were not materially affected by:
1} transactions of a sort not usually undertaken by the charity
2) circumstances of an exceptional or non-reourrent nature
3) charges or credits relating to prior periods or
4) Any change in the basis of accounting.
Any expenditure included in the financial etatements (where receipts or vouchers were not available) was properly made
in connection with the carrying on of the charity’s business, unless specifically notified to you as being of a private
nature.
4. Fixed Assets( £0.00)
{a) The charity has a satisfactory tite of all fixed assets included in the financial statements.
(b) The fixed assets to which the charity hee satisfactory title are included in the financial statements.
(c} Ail amounts of expenditure capitalised in respect of fixed assets as detailed in the financial statements represent
expenditure incurred in acquiring additional assets or improving existing assets. No expenditure is of revenue
nature,
&. Debtors
NWA
6. Other Current Assots (£31,239)
in our opinion, other current assets area expected to realise in the ordinary course of business at least the amounts at
which they are stated in the Charity's Balance Sheet
7. Liabilities (£73,326)
All know liabilities of material at 31ST OECEMBER 2022 are shown in the financial statements including the liability.
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  1. Capital Commitments At 31STDECEMBER2022 there were no commitmentsfor capital expenditure 9. Contingent Liabilities No contingent liabilities existed on 37ST DECEMBER 2022. 10. PostBalanceSheet events No events have occurred between 31ST DECEMBER 2022 and the date of this letter which could materially affect the 11. Transactionswith Trustees All transactions with the trustees for the year ended 31ST DECEMBER 2022 are shown in the accounts.

12. Other Related Party Transactions

There were no other party related transactionsduringthe year enced 31ST DECEMBER 2022.

13. Going concer

In our opinion the charity will have adequate resources available to finance its trading and other obligations during the courseof the 12 months from the date of this letter, 14. Law and Regulations

year ended under external examination and that we have made available afl such relevant information necessary for

Yours faithfully

wn wilt Trustee Date 08/05/2023

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