Charity Number: 1136299 Life Church London Financi41 StatemeDts For the Year Ended 31 March 21123 Angustus & Co Chartered Certified Accountsnts
Life Churcb London Index Pa Contents Legal and Administrative Details Trustees Report Independent Examinres iiwrt Statement of Financial Activities Balance Sheet 10-12 Not¢5 to Arwunts
Life Church London al and Administrative Detalb TnLs*¢s Mrs Maria Stroud Mr Vladimir Strinatko Rev Juan Buenaventura Bankers HSBC 74 Iligh Street Barkingside Ilford, Esscx IG6 2DN Independent Examiner A A Boafo-Brewu FCCA MBA Chartered Certified Accountsnt 374 Ley Street Ilford Essex IGI 4AE Registered Address 188KDTower Cott¢rdls Hemel Hempstead FtPl IAU Charity Number: 1136299
Life Chureh London Report ofthe Trystees The trllst submit their allUal report together with the r]nancia] statements for the year ended 31 March 202). The financial statements have teen prepared in accordatlce with th¢ a¢wunlillg polici set out tn note I lo IhE aGrounts and romply Ivilh the charity's trust deed, the Charities Act 2011 and Accounting and RertIng by Charities: Statement of Recommended Pwtice applicable to charities preparing thcir accounts in accordance with the Financial Reporting Styndard appli(¥bl¢ in th¢ UK and Rq)ubli¢ of Ireland published on 16107114. GovernlDg Document Tru deed dated 18 July 2009. Registered as a charity on 10 June 2010. Objeetives Life Church London is an independent, non-denominational Christian Church who presents and teaches the gospcl of Jes8 Christ. Life Church objectives are.. To advance the Christian r¢ligion for th¢ b¢n¢fit of the public in accordance with the Gospel of Jesus Christ. To relieve sickness and financial hardship and to promote and preserve good health by the provision of Funds. goods or seryices of any kin including the provision of counselling and support in such parts of the United Kingdom or the world as th¢ trustees from time to time may thtnk fit. To provide humanitarian aid to the needy. To lead willing people to the Church of Jesus Christ To help ChrAst loving Ople to grow mature Christialls Reylew ofActivities Thc financial position of the organisation at the end of the fiTrancial ye8r is As detsiled in th¢ attached financial stst¢menis. Thc charity received income of £47,290 during the y. Trustees The followiTrg served as truste&8 during the year: MT5 Maria Stroud Mr Vladimir Strinatko Rcv Juan Buenaventura Trustee Seleetion MetlTrod Trusttts are appointed by resolution of th¢ existing tnLStee body.
Life Church London MlThlstry Team Lif¢ Church London has the followirLg Ministries.. Pastoral Care Worship Ministy SundAy School Youth Ministy Administration Financc - R¢v. Juan Buenavelltura V12dimir Strinatko Rita Leron Strinatko Rita Leron Strinatko - Maril Stroud - Vladimir Strinatko ActivÉties attd Aehievem¢nts During the Year ChristiaR Worship Seryiees Throughout the year. every Sundayj Life Church London conducted worship services face to face at Cumberland School in Plaistow. e&8t London. Thi5 ha5 b¢cn of great encouragement and support to the members of our Congregatio from faith. community and teaching hspects of ministy. During our service4 we ais() provided snacks and rcfrcshmcntS to the congregation, e5pecAally to assist membe with children and familtes. W¢ hav¢ s¢¢n a small and adUal increa5¢ in the average attendance of our services. House Groups A part of our support 5twcturc withiA the church, House Groups provided the needed sens¢ of belonging and LOmTnunity to TneTDbers of the cburch. Although many of these continued to be via onlin¢ meetings. they have benefited the congregation. Face to face gat11ngS have iner¢8sed in number it hès b¢¢n a good balance to provide the congregation with much needed social and spiritual support. All wups met once a w¢ek. Youth Ministry At Life Church London wc ensurcd that support for the young people ivould always continue a1 available. Our youth ministy ronductrd onlin¢ iveekly meetings. to listen and to speak to our young people and supwrt them the best way we could. We Created a sale and eomfortable spacc for ihcm, while helping them to grow in their filth. This y¢ar our youth have enjoyed a different indoor atld outdoor activities, including bowli outings and oth¢r5. Prayer Group Our Prayer GTQUP in Life chUh London met every Thursday via online meetings. Online meetings are not as impactful as in-person ones, but we believe they have played a big part in h¢lping and encouraging th¢ Tll¢tnbcrs of congregation. Overseas Mission Activities Life Church London continues to support ihe work of Life Church Philippines in Manila. Palalva and other parts of the Philippines. Life Chur¢h London regularly gives donations towarils the mission work of Life Chur¢h Philippines. which greatly helps in missions such as 'Hike for Life,. a mission to encourage and SUprt the youth, medieal missions. to provide checkups and treatment to those without access to h1thcare. and other progrdnimes.
Life Church London AehieYem¢nt$ And P¢rfortuan¢e TeehnÈ¢al challenges of logistics and weekly pop-up and t¢ar-down s¢lup of church services have been r¢dur¢d tIOugh arrangernent of on-site storage within Cumberland School, at the same location as our weekly Sunday services. The teams longcr ncedcd to us¢ an off-sit¢ storage facility. which onsumed much needed funds, volunte¢r tim¢ and ¢fforts. This change had allowed the ministy to focus m(Ke on its cote fi]nCtio$ and goals. As mentioned earlier. Life Church London continued to support thc mission work ID the Philippines through our network of Life Church Philippin¢s thr¢h. Onc of these is the 'Veg4Kids' foLNJ growing PTogranune, that we a150 SUPPOrted in the previous year. 'lThis programme provided a variety of organieally grown f(ods for local children in Palawan. Philippines and it especially focused on support for children in poor ar¢&s to Provid¢ them wilh heahhy nutritioll. DonatiotLS financed the costs associated wilh famiing> including seed, equipment, and support of volunleers. This year we hav¢ also provided support to our Mindanao regional Life Church outreach to help with operational cosls while working with disadvantaged families. This y¢ar as in the previous year we organised food packs that we distributed to residents in our local neighbourbd near Curnberland SelK>oI in ¢ast London. Th¢ objertive was to help any residents rcgardle55 of their rtnancial situation. and to establish connections so that ive can provide support and ommunity if ihey choose to reach out to us. This was followcd by a Christmas celebration where we opcncd the doors to anyone wishing to join. Lasily at Life Church London we bave been working hard to build and cquip our volunteers to prepare them for future prosramuw and mi55105. Hoiv Our Activities Deliver Public Benefit Our main aclivities and who we try to help are 8s described in our objeetives. All ourcharitable aetivities focus on these objectives to further our charitable purp05¢5 for th¢ public benefit. Reserves Poliey W¢ are ¢onfideth that the projected ongoing funding will be adeqwdte to support charity's actlvities tn the foreseeable medium tem and that our op¢rating ¢osts will be met. DuTing summer of 2021 we transitioned to in-person gatherlngs. whi¢h in¢urred laTge initial ¢xpenses and new on-going expenses, how¢ver. we mad¢ sur¢ th we can meet these and continue in the charity's activities At 31 March 2023 th¢re was free unrestricted reserves of £27.916 and this will be used to support the charity's future activities.
Life Chureh London Risk management The trustee5 have a duty to identify and review the risks to which the ¢harity is exposed and to ensure approprial¢ controls aT¢ in place to provide reasonable assurance against fraud and Plans for the Future Lifc Church Londoll is eXCtIng to continue in-pmon gathering.q and expand these to facilitate gromrth and support within l.ondon arc4 across the UK and intentionally. Due to lack of 501e-U premises thetrc arc limitation5 on the events and rffogrammes that can be organtsed. As was already outlined in the ttee report of the previous year. Ive are still planning to cithcr rcnt premises on sole- use basis in the near future or in the next I to 2 y¢aTr acqui propty. if an opportunity within charity's budg¢t PT¢5ents. Thi5 will allow us to be more eifective and efttcient with event and activity planning. and our volunteer efforts. Statement of Trllstees, RespoDsibiltlies The trustees #Te responsible for preparing the Trnstees. Annual Report and the financial statemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepled Accounting Practice). The law applicable to charittes in F.ngland & Walcs requires the tnistees to prepare financial statements for each fmancial year which giv¢ a tru¢ and faiT view of the state of affairs of ihe charity and of th¢ incoming resources aJLd application of Tesources of the charity for that peri(Kl. In pr¢paring these financial statements, thc tTUStccs are required to: a) select suitabl¢ aOuntIng wlicie5 and apply them consistently> b) observe the methods and principles in the Charities SORP. e) make judgm¢nts and estin]ates that are re&8onable and prud¢nt" d) state whether appli¢abl¢ aoUnt)g 5tsndard5 hav¢ been followed, subject to any m&teri81 dyrtures disclosed and explatned in the financial statements. e) prep8re the finan¢ial statcments on the going concern b&8is unIess it is inappropriate to pr¢5ume that the charity will continue in vper4tion
Llfe Ch¢ London The Ere rup)nsI? tor keepi08 3ufficieDI accouBtill8 TcGords tknt disclose with re8sott8bte aKuracy at any lirn¢ th¢ financial w5ition of th¢ charity enable them to ensure that th¢ fi]wKial stateMts complywith th¢ Clwitics Art2011. the applicable Charities{Accowts and Reports) Regulatiollsalldthe provisionsof the tnLrt d¢¢d. Theygre alsoTf5pon5ibl¢ for srf¢8uuthng th¢Lssd of the clkarity and h¢nc¢ fortaking reasonabl¢ steps forthe prevetitiott and d¢te¢tion of fraud and other The trustees ar6 T[1b]e forthe nainI¢ua¢ omd ioteBrityof the clwityand finwKial infornia¢ioo ilded0Th1 thatitys websik Legislation in tbe Unif£d KiDgdom gov¢miBg theprtion aThi lthpeDdenl EJBmlner otgaDi58tion'3 accowitSiA the follow&ng srar. De¢ltin I in mycap¢ity ofcharlty truste4 tTrrt the trusttts kv¢ approvrd the report above: and have aUtIredC to sign on thtlrbEW£ N#m¢: Mr ViadTmir Striuth Dated: 27 SrPtber 2024
Life Chureh London Independent EsamiDeT'S Report to tbe Tru$lees of Life Church London I rewrt to the tn]stees ort my examination of the f¢581 statements of Life Church LoEthn ('¢he ¢h8rity') for Ihe yedr eted 3 1 Maryh 2023 which ¢omprise the Statement of Ftnancial Activitie& the Balance Shtet 8nd rciated notes. This report is rnade solely to the charity's tslee4 &8 a body. ITr accord8nce ivith section 145 of the Charities Act 2011. My %vurk has been widertaktn 50 that I might state to the charity's trustees thos¢ mattm l am required to state to them this report and for no other purpose. To the fullest extent pennitted by laiv, I do not accept or assum¢ rcsponsibility to anyonr other than the charity and the charity'5 tru5tces &S 8 body. for my ivorK forthis reEK>rt, or for the opinions I have fom)e(L Respollslbilities aud basis of report A5 th¢ trustees of cbarity you are responsible for th¢ pr¢paration of the flljaucial statements in a¢conlan¢e with the requirements of the Charities Aet 2011 ('the Act,). I report in respect of my examtnation of the charity's fitmncial slatemetrts Caled out under s¢¢tion 145 of the Charities Act 2011 ('the 2011 Act.) and in ¢arrying out my examination I have followed all the applicable Directions given by tILe Charity Commission und¢r s¢ction 145{5)(b) of the 2011 ACL An independent examination does wt involve gathering all the evidence that would be required in a audit alld consequently does not cover all the malters that an auditor con8iders in giving thcir opinion on the financial $tatemcnts. Thc planning and conduct of an audit goes beyond the limil¢d assurance that an independent ex8minalion provide. ConsequentIy l express no opinion as to whether the financial statements present a 'true and fair, vtew and my rep)rt is limited to those spc¢ific matters set out in thc indcpcndent examiner's statement. Independent eer.3 5tat¢m¢nt If the ¢hartty's OSS income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. Your tncome for the year was below this omOWIt. I confjrni I am a mcmber of ACCA which is otte of th¢ listcd bodi¢s. I have completed my ¢xwnination. I confum that no material matters haye come to my attention in Dnection with the examination giving me cause to believe that in any materi21 re5P¢rt'. accounting recor(ts were not kcpt in rcsPCCt of thc charity as required by 130 of th¢
th¢ financial slatements do not accord with those records" or th¢ financial statements do not comply with the accounting requirements concerning the fot and content of the accounts set out in the Chariti¢8 (Accounts and Reports) Regulation 2008 othcr than any requirement that ihe accounts give a 'true and fliir vi¢w which is not a matter con5id¢red as part of an independent examination. I have no concems and have come acTD&3 no other rnatt¢T5 in connection with the examination to which atteThtLon should be dTawTh in this rerM)rt in orderto etble aproper undet¥randin8 of ihe financial statement5 to be reached. A A Boafo- Brewu FCCA MBA August8 & Co 374 Ley Street Ilford Esscx IGI 4AE Dated: 30 September 2024
Llfe chUh London Slat8m8nt of Flnanclal Acuvlti Y•ar En¢Jod 31 March 2023 Not8 Unre6tAcknJ Restted Toki 2023 Total 2022 Incomlng R•sourc•s Incornlng resourcos from g&nerated funds Voluntary lrtom8.' donatK)ns Bank intèrastr Mtèived Total Incoming Resources 47,267 47.257 39.545 47.2 R&sourctrs Expended Cost ol generatlng funds Cost of gene¥atin9 voluntary incomè Total Resources Exp8nd8d 46.355 46,355 29.628 29.628 46, Net Movements in lund8 935 9.917 Funds broughtforward ot01104r2022 27.699 17.782 Funds c¥rriwJ fonvdrd al 3110312023 28.634 28,634 27,699 Th• nOS on pages 10 to f2 lomF partof thès8 finanaal ststernents.
Lif•Chllr¢h Londr)n 8aJanc•Sh•gtat81 March 2023 FlxrdAssats 718 Cash at bartk and In 29.716 28.168 29.716 Cr•dllor•: Amounls faUln9 du• vAthkn one y••r 1,800 27.916 264 Total a¥sels1osSc1rertr¥W*le8 28,634 27,899 Net#• 27.ts9 10 27.899 27,699 28,tr34 The finanda ststenwots w8rè4pprcI by the1 on 27 SepteMber2024 ¥nd $19ned on blJehaKty. Mrvladlmlr Strfnalko lTru8t) The n(Ios pws loto 12 fonn oftheseffigaI 8latsm
Lifè Chureh London Notes To Accounts Yoar Ended 31 March 2023 1. 1. Accountlng eonventlon Th¢ finan¢iai stat¢rt2¢nts have been prepared under the historric&l cou ¢onvention with itettis reco8nis¢d at ¢ost or transaction valut unless herWise sthied the relevant TKtc(5) tothese acco1$. The financial statements have been preparcd in a¢¢ord8te the StstementofReeommended Praciice.. A¢¢ounting alld Reportln8 by Chariti¢sptcFaring their accounts in accordaThce iviththe Financial R¢y)rting Standard applicable irt th¢ UK and Republic ofireland {FRS 102) issued on 16 July2014 atMI the Financial Ryrting St•ndard ?pplicable iTJ the Unitd Ktngdom and Repllbli¢ of Ireland(FRS 102) Ch8riti¢s A¢¢ 2011. 1. 2. Incomlng Rosourc•s Donations relate lo amThts Teeeivable during the year. 1.3. Capital Grants Grants lobwds capital expèndituré are crethled to a deferred capital 9rant released to InLyJme and Expenditure account over the èxpeded livos ofthe assets. The amount leaSed equals the deprec4ation charge. 1.4 Re5trlcted Fund$ Rstllcled funds are Ip be used for spec4fic purposes as deaded by the tnJstè88_ ExpendiluTe whh rneets this crileria Is charged to the fvnd. 1,5 Unre8tr1cted Funds Unrestricted funds are donations and other incoming r8sources receiv8blè or generated for the objects of the charity wlhoul further spe¢rfd purpose5 artd are available as gèneral funds. 2. Trustees The Iruslees received no remuneralion for thelr servlfS. 3. Voluntary Incom• UnraStrictI Rèstrictèd Totsl Total 2023 2022 HMRC GiftAid Olh8r incomè fithes and Offering Tolal Incoming Resources 3.393 43.874 47.267 43,874 47.267 39,545 39.545 10
Life Church London Notès to Accounts Yoar Ended 31 March 21)23 4. C05t of gongraung voluntary Incom• Total 2023 Total 2022 Fund Fund Lov& Gifts and Donations Rental and Hall Hire ssion, Training and Summer Carnp Worship, and Medo Expenses Evangelism and Hosprtalfy Expèns88 6,818 12.(x)O 6.816 12,CflD 3.703 9.371 4.335 9,371 4,335 Transportatton and Tr8ve5 Expgn89S Sw)plies and Materials Insurance Sundry EX[e$ Pgtty Cash written ofl Governanc8 eost Ipsr rtotè 51 Depreaation on Fumiture and Equipr¥Ent 1,513 2,423 218 1.513 2.423 218 2.214 176 2,059 1,C¥J3 417 46,355 1.003 417 48.355 417 29.628 5. Gov•manc• cost Un.rgstrKted R88tiicted Fund FuThJ Total 2023 Total 2022 Bank Charge8 Legal and Professlonal IrKlependent Ex8rninerf8 Fees 103 103 20 900 920 . Staff Costs 2023 20Z2 Salaries Ernploye¢s N8tiollal In8urwKg No emplo ¢8med irt ex of£60.LKK) Averag• numbèr ol èrnpknyees
Llfe Church London Motss To Accounts Yèar Ended 31 Mar¢h 2023 7. Fixed A8sets Fumilur8 Fixtures & Equipment Motor Vehide Total Al 1 A11 21Y22 Addits"on Disposal At 31 March 2023 3,432 3.432 3,432 3.432 Depreuation At 1 April 2022 Charge for the y8ar Disposal Al 31 Mar¢h 2023 2,297 417 2.297 417 2,714 N8t Book Value.. At 31 March 2023 At 31 March 2022 718 1.135 718 1.135 Debtors 2023 2022 Paye aThY NI 196 9. Creditor¥: Amounts falllng due within on• yoar 2023 2022 Aru0 1,800 1,800 1.800 10. Analysis of n8t8s8•ts b*tWg¢n funds Net Current Assels Fixed Totsl Unr8strict8d Funds 27,916 27,916 718 718 28.634 28,634 11. Trusts•8 romunoration and key management petsonnel The trustees do not Tgceive any rernuneralion for their servi. The trustees are considered as key management personnel. 12