2023-12-31-accounts

Charity Number 1128570 ABUNDANTE VIDA CHURCH TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 311DECEMBER12023

ABUNDAKfE VIDA CHURCH CONTENTS Page Legal and administratlve Inforniatlon Trustees report Independent Examlnevs Report Statement of flnanclal actlvltles Balance Sheet Notss to the financlal statsments

ABUNDAKfE VIDA CHURCH CHARITY INFORMATION FOR THE YEAR ENDED 31ST DECEMBER 2023 TRUSTEES: Mrs. Cleldlrene Falole Mr. Vltor Codea Dlas Mr. Emerson Goncalves REGISTERED OFFICE: 80 Lavender Avenue London NW9 8HE CHARITY NUAIBER: 1128570 ACCOUNTANTS: Calculo Consuftancy Ltd 21 Knlghtsbridge SW1X 7LY London

Trustees. report for the year ended 31•1 DECEMBER 2023 The trustees present their annual report and financial statements for the year ended 31 ST DECEMBER 2023. The trustees hav8 adopted the provisions of the Statemant Practice AGcounting and Reporting by Charitie6 issued in March 2005 in preparing the annual report and financial statement of the charity. The objects of the charlty are: 1. To advance the Christian faith for the public benefft in 8uch ways and in such parts of the United Kingdom as tha trustees from time to time may think fit: 2.To relieve sickness and financial hardship and to promote and preserve good heafth by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom as the trustees fr￿1 time to time think fft: arKI 3. To advance education for the public benefft in such ways and in Such parts of the United Kingdom as the trustees from time to time may think fft. The trustees meet regularly to manage the chartty affairs. The tharity has many volunteers during the year. Developmen( actlvltles and achlovemonts The organisation held 8uccessfvl 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 county to attend. This has produced good results in reaching and helping members of the communty. Transactlons and flnanclal posltion The statement of financial activities shchvs a net loss of £8,852. Flxed Assets Detailed of movements in the tangible assets used by the Charity are sel out in the note 8 to the accounts. Fund avallable The present level of funding is adequate to support the continuation of the charity principal activilies now in operation for the medium term, and the trustees consider the financial position of the charity to be satisfactory. Risk Managemant The trustees actively review the major risks whth the charity 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 Suff￿lent resources in the event of adverse conditions. The trustees have also examined other operational and busine&8 risks faced by the charity and confimi that they have established Systems to mitigate the signiFKant ri8k8.

Trustees. report for the year ended 31st DECEMBER 2023 Charty law requires the trustees to prepare the financial statements for each financial year with give a true and fair view of the 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 tnjstees are required to: Select suitable accounting policies and then appty them consistently. Make judgements and estimates that are reasonable and prudent. State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements. and Prepare the financial statements on the going concem basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charty 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 Paulo Veronese to be appointed as independent examiner will be put to the Annual General Meeting. This report was approved by the trustees on 1110912024 and signed on its behalf by Mrs. C ene Faiole Trustee a Dias Mr. Em rson Goncalves Trustee Trustee 1110912024 1110912024 1110912024

Independent Examine￿$ Report To the trustees ABUNDANTE VIDA CHURCH I report on the &counts of the church for the year ended 31 ST DECEMBER 2023 set out on the follcwing pages which have been prepared on th• baw of the accounting FvliGie5 3h￿￿n in the o)rrespor￿1ng pages. Respective reswnsibilities of trustees and Éx¥ninor The trustees of the church are responsible f(Y the kreparatlon of accounts: they consNJer that th8 audit requiranent under 8ection 43(2) ￿ the Charities Act 1993 (the 1993 Act), does not apply. It 18 my responsibilty to". Examine the accounts uThJer wtion 43(3) of tho 1993 ACL Follow the procedures laid down in the General Directions given by the Charfty CommissDners made under section 43(n(b) of the Act 1993 AGt. State whether Part￿Ular mthr8 have Gc¥ne to my attention. Basis of Independent examinefg report My examination was (2rried out in aC￿rdance Imth the general Directi￿5 gI￿n by the Chwity Commissioners. An examination includes a review of the ￿)untI￿3 records kept by the church a cornpari8on of the accounts presenied with those records. It also inchJde8 consideration of the unusual iteffB or dlsclosures in the accounts and seeking explanation8 from you as trustees conG￿1ng any such matters. The proc•Jures undertaken do provide all the tswidence that would bo requir*J in an au(fjt. and consequentty I do not express an audit Opini￿ on the view given by the &counts. Independent examine18 Statement Based on my examlnatbn, no rnatters has come to my attenti¢)n ¥thich gives me ￿sonable cause to befieve that in any material respect, accounting record8 have ncd been k8Pt in accordan￿ wilh section 41 of the 1993 Act or that the accounts presented do not accord with those records, or comply with the accounting requirwnent of the 1993 Act. No matter has come to my attention in connection Wbth Tny eXam1r￿tiOn to whth. in opinion. attention 8houbJ be drawn to enable a proper understating of the aCc￿nts to ￿ rea£a￿d. Paub Veronesa CPAA 11109r2024

Stat•Thnt of Flnancwl for tho ￿ar •ndod 318t De￿n￿or 2023 2)22 Incomlng re•ource8 InCOn￿n9 rosour¢e8 from yn•rated fund6 Voluntary irKome &"ft￿d 141.1& 141,155 105.336 16,428 17 Bard( htwest In¢onlng rn80urce8 charltable acthilU•• Other Incomlng rnsourceglGrants TotalIn￿kn9 resourc 141161 141181 121781 141161 141161 121.781 R•8our¢•s •X￿nded Costs of G•nerating Fund• Cost of Cost ofgewating fvr h￿str¢ent manag￿n￿rt c(Bts Charftab￿ actlvltla• Governance cojts Support Go•t 4-7 150,013 150.013 155,376 150.013 150.013 155,376 Grom tran8f•rn be￿0n fund• Oth•r rncognlsed gaIn81(lo￿8) Gairts 8rn1 ILBses on 1nwstri￿rt assels Nrtmovwnent in fund8 Total fund8 brought fomrd 42,087 42,087 8,492 421

Balanco Sheat as at 31st DecenJor 2023 Unrestricted 2022 Fixod a880ts Tanglble a88•ts Total fixedassets Current assets 992 7.571 Cash at bank and In hand 7,571 8.563 31,239 31,239 Croditor8: an￿ntS falllng due after nx>re than one yaar 10 58.511 58,511 73,325 eurrwrt asseW(IWI 42.086 Total ass6ts kn curr•rtllablliUes 49.948 Credftors: anY)unts falllng due after one year Net Ilablfities 49,948 49,948 Funds of tha Charlty Unrestrictsd funds Restrlcted incorn funds End¢)vmwnt funds 42,086 49.948 49,948 42.088 Signed by one cy two trustees cm behalf of all the trustees Date of approval Cle1(IrW￿ Fak

ABUNDAKfE VIDA CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 1. Accounting Conventlon The financial statements a￿ prepared under the historical cost convention and follow the recommendation8 in . Accounting and Reporting by Charities: Statement of Recommended Practice. issued in March 2005 (SORP 2005) and the Charilies Act 2006. The charity has taken advantage of the exemption in FRS01 from the requirement to produce a cash fiow statement becausa it is a small charty. 2. Accountlng pollcles Recognltlon of Incomlng resources These are included in the Statement of Financial Activities (Sofa) when: The charity becomes entitled to the resources; The trustees are virtually certain they will receive the resources," and The monetary value can be measured with sufficient reliabilty. Incomlng r88ourco8 wlth rolatod •xpondituro Vvhere incoming resources have related expenditure (as with fundraising or contract income) the incoming resource8 and related expenditure are reported gross in the Sofa. Grants and donatlon¥ Grants and donation8 are only included in the Sof8 when the charity has unconditsonal entitlement to the resources. Tax reclalms on donatlons and glfts Incoming resources from tsx reclaims are included in the Sofa at the Sa￿ time as the gift to which they relate. Glfts In klnd Gifts in kind are accounted for at a reasonable estimate of their value to the charity or tho amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gift8 in kind tr use by the charity are Included in the Sofa as incoming resources when receivable. Investment Incomo This is included in the accounts when receivable. Uablllty recognltlon Liabilities are recognised as soon ay there is a legal or constructive obligatson committing the charty to pay out sources. Governance costs Costs of the preparation arKI examination of 8tstutory accounts, the costs of trustee m*tings and cost of any legal advice to trustees on governance or constitutional matters.

ABUNDANTE VIDA CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Grants wlth perfornMnc• condltlons Where the Gharity gNes a grant with conditions ft>r it8 payment being a specffic level of service or output to be provided, such grants are only recogni8ed in the Sofa once the recipient of the grant has provKJed the specified service or output. Grants payable wlthout perforniance condlUon8 These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the c￿1 of the charity. Support Costs Support costs include central functions and have been allocated to acti¥ity cost categories on a ba818 con8i8tent with the use of resources, e.g. allocating property costs by floor areas, or per capita. staff costs by the time spent and other costs by their usage. Investments Investments quoted on a recognised 8tcck exchange are valued at market value at the year end. Other investment assets are included at tru8tees' best estimate crf market value. 3. Anatysls of Incomlng resources 2023 2022 aty3i8 Church & Collections rthes & Ofvings Gift Axl knterest receNed v0luntarylnc0￿ 141,155 105.336 16,428 17 Total 141,161 121,781 Other InconplGrants Investnxnt inco Total 141.161 121.781 10

ABUNDANTE VIDA CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 7. Analys18 of resources expended Analygis 2023 2022 C08t of Acllvities Accounting Consultancy A(hertising Bank charges Charitable expenditure Business rate Donations Fuel Insurance Malntenance Heat arKI light Nl Employer Offering Other expenses Equipments Postage Premises Expenses Proknsional fees Rent Rent of Buildir¥J Entertainment Salary Seminars Meals Staticmery Subscriptions Sundry expenses Training TelePh￿e Storage Tra￿1 3.717 3.075 2,033 233 1,473 267 14,058 1.657 2,379 1,352 3,030 2,600 59 6,936 1.403 2,208 7,693 72,041 70,929 39,012 510 47,312 650 931 735 3,609

ABUNDANTE VIDA CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 8. Tanglble Assets Nla 9. Debtor8 nts falllng due ￿thin one ￿ar 2023 2022 Tradé debtors Amounts due from wb81dlary and aswclatsd undertakings Other dobtors Prepayments and accrued Income Totsl 10-11. Credttorn Amounls falling due aftor more than one year 2023 2022 Loans and overdrafts 25,345 37,862 Trddo credltorn 33,186 35,464 Amounts due to 9uhidlary and a•)ciated undgrtakings Other crndltor8 Accruals and defeffed incomo Totsl 58,511 ,326

ABUNDANTE VIDA CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 12. Movement of fund8 und balances brought 10T￿rd un balancos carrled forward Inconlng resources Outgolng resources Galns and Fund narn8 Trnnsféro 141161 141.161 150,013 150,013 Total Funds - 42,087 50,939 50,939 13. Employ•e8 2023 2022 Gro88 vagos. salarlos and boneffts In klnd Env10￿￿$ Natlonal Insurance costs 39.012 47.312 Total stsff costs 39.012 47,312 14. Trustees Expenses 16. Fees for examlnatlon or audlt the accounts 16. Grantlng 13

ABUNDANTE VIDA CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Dear Slrs, We conflrni the followlng Informatlon in connectlon wlth th8 flnanelal statements for the year 31 ST DECEMBER 20231$ to be best of our knowledge and bellef, true and falr, bearlng In mind tho requlrnments of the Charltles Act 1993. 1. General To the best our acknowledge and belied all transactions undertaken have been properfy recorded in the accounting records and the8e financial statements and all relevant records have been given to you. 2. Accountlng Pollcles The Accountings policies uswj and detailed in the financial statements and are consistent with those adopted in the previous financial statements. 3. Statement of Flnanclal Actlvtties Except as dlsclosed In the flnanclal statements, the resutts for the year were not materlally affected by: 1) transactions of a sort not usually undertaken by the charity 2) circumstances of an exceptional or non-recurrent nature 3) charges or credits relating to prior periods or 4) Any chang8 in the basis of accounting. Any expenditure included in the financial statements (wher8 receipts or vouchers were not available) was properly made in conneclton with the carrying on of the charity's business. unless specificalty notified to you as being of a private nature. 4. Flxed Assets ( £ 0.00) (a) The charity has a satisfactory title of all fixed assets included in the financial statements. (b) The fixed assets to which the charity has satisfactory tille are included in the financial $￿eMents. (c) All arrK)unts of expenditure capitalised in ￿pect of fixed assets as detailed in the financial ststements represent expenditure incurred in acquiring additional assets or improving existing assets. No 8xpenditur8 is of revenue nature. 5. DebtorJ (£9921 In our opinion, debtors 8re expected to realise in the ordinary cour8e of business at least the amounts at which they a stated in the Charity's Balar￿e Sheet 6. Other Current Assets {£7.5711 In our opinion, other Current assets area expected to realise in the ordinary course of busines8 at least the amounts at which they are stated in the Charitws Balance Sheet 7. Liablllties (£58.611)

At31ST CECEMBER 2023 )18T OECEMOER 2023. 0•1• 17MIA024