162 Hamilton Ave, Surbiton KT6 7PZ
Report and Financial Statements for the year ended 31[st] December 2024
Registered Charity No. 1139782
Lord of the Nations Church Index to the financial statements for the year ended 31[st] December 2024
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___________
| CONTENTS | |
|---|---|
| Pages | |
| Legal and Administrative details | 2 |
| Trustees’ report | 3 to 9 |
| Examiner’s report | 10 to 11 |
| Statement of financial activities | 12 |
| Balance sheet | 13 |
| Notes forming part of the financial statements 14 to 18 |
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LORD OF THE NATIONS Reference and administrative information
TRUSTEES Angelito Rona Chairman Annalou Turner Trustee/Secretary Appointed 2012 Angelica Cabrera Trustee Appointed 2012 CHARITY NUMBER 1139782 CORRESPONDENCE ADDRESS 162 Hamilton Avenue Surbiton KT6 7PZ BANKERS HSBC King Street Hammersmith London W6 EXAMINER TaxAssist Accountants 16 Heath Road Twickenham Middlesex TW1 4BZ
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Chairman’s Report
Aim and Purposes
The objects of the Church are, for the public benefit;--to advance the Christian faith in accordance with the statement of belief in such ways and such parts of the United Kingdom or the World as the Trustees from time to time may think fit.
To relieve sickness and financial hardship and to promote and preserve good health 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 or the World as the Trustees from time to time may think fit.
To advance education in such ways & in such parts of the United Kingdom or the World as the Trustees from time to time think fit
The Trustees must use the income and may use the capital of the Church in promoting the objects.
Objectives and Activities
The LOTN Church is committed to enabling as many people as possible to worship at our church and to become a part of our community at LOTN. The LOTN maintains an overview of worship through prayer, the reading of scripture, music and dance. We have breaking of the bread every 1[st] week of the month.
When planning our activities for the year, the spiritual leadership considers the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for Advancement of religion. In
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particular, we try to enable ordinary people to live out their faith as part of our community through:-
Worship and prayer; learning about the gospel; developing their knowledge and faith in Jesus. Bible studies are available for those who are free to attend on certain days of the week. Provision of counselling from the pastor to those is anytime to those who are in need. Intercessory prayer is being held every 2[nd] and 4[th] Sunday every month after the worship service.
The spiritual leadership of LOTN planned five major activities each year to strengthen the faith of the members. These are:
➢ CAMP MEETING
This activity is being held every Easter to remember the suffering and death of Jesus Christ. We usually hold this activity in a certain place outside London and stay there for a couple of days. The participants have to pay for their food and accommodation. This activity is much more on spirituality. Last year we had film showing of the Passion of the Christ. After this activity he participants went home edified and refreshed.
➢ PASTORAL CONFERENCE
Last year we had this activity at the Riverside church, was an overnight activity for all workers and non-workers as a preparation for the Church anniversary the following month. The participants experienced the power of the Holy spirit, many experienced the gift of the Holy spirit like speaking in different tongue. Many were edified and refreshed after the conference.
➢ LOTN ANNIVERSARY
These is a one-day activity which was held in the normal church venue. Everybody invites their friends to attend this occasion. This the biggest occasion for LOTN. There was praise and worship, dancing, testimonies, preaching of the word of God and meal fellowship.
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CHRISTMAS PARTY
In this activity we invite friends to join us for the celebration of the birth of Jesus Christ. We have praise and worship in the morning and the word of God, followed by a light lunch, then we have the party rolling with presentation from different ministries, games, exchange gifts and meal fellowship.
Missions and Evangelism
This year, The Lord of the Nations Church Philippines obtained a building, and the LOTN Church London participated and committed in giving financial support for the project.
We have agreed it rightful to reflect all collections in the Charity Account and the donations to the Philippine Church Building Project is named Nehemiah. The New Church building was dedicated last year as a result, our pastor had to travel twice to the Philippines for the Church dedication and Church anniversary.
Financial Review
During the year under review the charity’s income was £79,182 Expenditure amounted to £58,543 and a profit of £21,030 was recorded for the year. The charity had restricted Reserves of £12,033 at the start of the period under review which at the year-end amounted to £18,102. However, during the year donations were received for the specific purpose of establishing a Church Building Fund and the value of these donations, £6,069.01 was placed into a designated Building Fund. This has had the effect of reducing the residual free reserves by this amount so that at the year-end Unrestricted free Reserves amounted to £23,657. The Trustees are aware that they will need to exercise careful financial stewardship during 2024 to ensure that the charity’s Unrestricted free Reserves will not be further depleted will the
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goal that Reserves will be achieved. We may treat the building fund as a form of overdraft when the general fund becomes low.
- “Low” being defined as when the general fund is not sufficient to support normal operation-
The building fund is to be repaid when the general fund becomes selfsufficient.
Reserves Policy
The application of a 6 month core cost calculation to determine the level of Reserves would require Unrestricted Reserves of £23,567 and would not in the Trustees opinion be appropriate.
The Charity occupies premises that are rented on sessional basis and could be quickly discontinued if the Charity is faced by difficult financial circumstances. Rental costs of £12,071 can therefore be excluded from any core cost calculation. There are other costs that are directly linked to the Charity current means of operating and these too could be quickly shed in extreme circumstances.
The only ongoing liability would be the salary and social security costs and one or two small items which lead Trustees to believe that a realistic 6 month Reserve requirement is likely to be in the region of £9000.
Current Unrestricted Reserves account for 5% of this amount and it is the Trustees intention to increase Reserves to the current target level as quickly as possible.
Risk Management
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The Charity Trustees have identified the following risks to which the charity is exposed:
- Manual Handling -as the volunteers carry the equipment to be set up for the worship service every Sunday, the trustees see to it that the volunteers are trained for manual handling for health and safety. Volunteers Workers Trained in Manual handling:
Shekinah Rona, Antonio Lazo,Bergil Atan
- 2. First Aid the Trustees appoint few members as they are experienced people in their fields a nurses and therapist. Members of First Aid Team :
Glenda Rona, Teodora Sumibcay, Annalou Turner,
-
- Child and Elderly Protection there are few members who are trained for safeguarding the elderly and children.
Members trained:
Glenda Rona, Teodora Sumibcay, Annalou Turner
- Building Insurance — for this is safeguarding the property of the charity, including its contents
5. CRB Checking of elected Trustees
The elected trustees should obtain a CRB checks once they are elected.
Structure, Governance and Management
The method of appointment of LOTN members is set out in the By-laws of the charity. At LOTN the membership consists of the Pastor, church elders, charity trustees, worship team, ushering, intercessory, dance, technical, children, couples and the different committees. All those who attend our services are encouraged to register on the Electoral Roll and stand for election .
The members are asked to vote for the matters that needs to be decided by their votes according to the by - laws of the charity. The church
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trustees are responsible to make decisions regarding to how the funds being spent as their rights stated in the by-laws of the charity.
There is annual general meeting once a year with the average attendance of 95%. Given its wide responsibilities the LOTN has a number of committees each dealing with a particular aspect of church life. These committees has to report back regularly with minutes of their deliberations being received by the full LOTN and discussed as necessary.
Volunteers
We would like to thank all the volunteers from the administration staff, the council of elders, the worship team, the ushering ministry, the intercessory ministry and the dance ministry who works so hard to make our church to be a vibrant and lively community. We would like to thank all the members for their contribution to our ministry and for keeping the church running.
Angelito Rona Chairman
16[th] October 2025
Respective responsibilities of trustees and
examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year
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under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
……………………..
Angelito Rona
Chairman [SBP
………………………………..
Angelica Cabrera
Trustee
Independent examiner's report on the accounts
It is my responsibility to:
-
➢ examine the accounts under section 145 of the Charities Act,
-
➢ to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
-
➢ to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the 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 seeking explanations from the 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 is given as to whether the accounts present a ‘true
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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:
to keep accounting records in accordance with section 130 of Charities Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
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.
Signed: Nabiha Rahman
Date 16 October 2025
TaxAssist Accountants 16 Heath Raod Twickenham TW1 4BZ
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Statement of Financial Activities
| Descriptions by natural category Note Incoming resources Donations, legacies and Grants 3 Congregation Fund raising Events 3 Interest and dividends Total incoming resources Resources expended (Notes 4-7) Wages, salaries, pensions and NI 6 Rent, rates and Insurance Telephone postage and stationery Repairs and maintenance Donations and Grants 7 Stipend paid to visiting Bishops Computer expense Travelling expenses Accountancy Bank charges Equipment purchased Sundry Expense Profit and (loss) for the year |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F04 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F04 |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F04 |
Total this year 2024 Total last year 2023 £ £ £ £ |
Total this year 2024 Total last year 2023 £ £ £ £ |
|---|---|---|---|---|---|
| 79,182 | - | - | 79,182 | 63,555 | |
| - | - | ||||
| 391 | - | - | 391 | 164 | |
| 79,573 | - | - | 79,573 | 63,719 | |
| 19,152 | - | - | 19,152 | 17,298 | |
| 12,071 | - | - | 12,071 | 15,229 | |
| 672 | - | - | 672 | 529 | |
| 604 | - | - | 604 | 562 | |
| 8,708 | - | - | 8,708 | 14,290 | |
| - | - | - | |||
| 628 | - | - | 628 | 482 | |
| 14,985 | - | - | 14,985 | 14,130 | |
| 1,313 | - | - | 1,313 | 1,313 | |
| 110 | - | - | 110 | 73 | |
| 300 | - | - | 300 | 2,907 | |
| - | - | - | - | 115 | |
| 58,806 | - | - | 58,806 | 66,968 | |
| 21,030 | - | - | 21,030 | (3,279) |
Brought forward
Total funds carried forward
| 20,639 | - | - | 20,639 | 23,918 |
|---|---|---|---|---|
| 12 41,669 |
- | - | 41,669 | 20,639 |
Balance Sheet
Total this year Total last year Note 2024 2023 £ £ Fixed assets Tangible assets 8 - - Investments 9 - - Total fixed assets - - ~~——~~ Current assets Stock and work in progress - - Other receivable 10 3,686 3,686 (Short term) investments - - Cash at bank and in hand 39,434 18,375 Total current assets 43,120 22,061 ~~=——~~ Creditors: amounts falling due within one year 11 1,451 1,422 Net current assets/(liabilities) 41,669 20,639 Total assets less current liabilities 41,669 20,639 ~~—~~ Creditors: amounts falling due after one year Provisions for liabilities and charges - - Net assets - - Funds of the Charity ~~==~~ 41,669 20,639 Unrestricted funds Designated funds - Total unrestricted funds 23,567 8,606 Restricted income funds 12 18,102 12,033 Endowment funds 12 - 41,669 Total funds 20,639 Signed by one or two trustees on Date of behalf of all the trustees ~~==~~ approval Signature ~~31 Oct 2025~~ 31 Oct 2025 Signature
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Notes to the Accounts
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
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• and Accounting Standards; and with the Charities Act 1993. with*
Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.
INCOMING RESOURCES
| Recognition of incoming | These are included in the Statement of Financial Activities |
|---|---|
| (SoFA) when: | |
| resources | the charity becomes entitled to the resources; O |
| the trustees are virtually certain they will receive the O |
|
| resources; and | |
| the monetary value can be measured with sufficient O |
|
| reliability. | |
| 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. |
| Grants and donations | Grants and donations are only included in the SoFA when the |
| charity has unconditional entitlement to the resources. | |
| Tax reclaims on donations | Incoming resources from tax reclaims are included in the SoFA |
| and gifts | at the same time as the gift to which they relate. |
| Contractual income and | This is only included in the SoFA once the related goods or |
| performance related grants | performance related grants services have been delivered. |
| Gifts in 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 sold or distributed by the charity. | |
| Gifts in kind for use by the charity are included in the SoFA as | |
| incoming resources when receivable. | |
| Donated services and | These are only included in incoming resources (with an |
| facilities | equivalent amount in resources expended) where the benefit to |
| the charity is reasonably quantifiable, measurable and material_._ | |
| The value placed on these resources is the estimated value to | |
| the charity of the service or facility received. | |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
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Investment income This is included in the accounts when receivable. Investment gains and This includes any gain or loss on the sale of investments and losses any gain or loss resulting from revaluing investments to market value at the end of the year.
EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Grants with performance Where the charity gives a grant with conditions for its payment conditions being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without These are only recognised in the accounts when a commitment performance conditions has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one use by charity year, and cost at least £500. They are valued at cost or a reasonable value on receipt. Investments Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. Stocks and work in These are valued at the lower of cost or market value. progress
Note 3 Analysis of incoming resources
| Analysis | Unrestricte d £ |
restricted £ |
This year Last year £ £ |
This year Last year £ £ |
|
|---|---|---|---|---|---|
| Offering | |||||
| Donations | 79,182 | 79,182 | 63,555 | ||
| Mission | - | - | |||
| Anniversary | - | - | |||
| Total | 79,182 | 63,555 | |||
| Building Fund | 6,069 | 9,198 | |||
| Congregation fees for Events | |||||
| Total | 73,113 | **54,357 ** | |||
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Note 4 Analysis of resources expended See Statement of Financial Activities above
Note 5 Details of certain items of expenditure
==> picture [476 x 465] intentionally omitted <==
----- Start of picture text -----
5.1 Trustee expenses
This year Last year
Number of trustees who were paid 0
expenses
Nature of the expenses 0
Total amount paid 0
5.2 Fees for examination or audit of the accounts
This year Last year
£ £
Independent examiner’s or auditors' fees for
reporting on the accounts
1,313 1,313
Other fees (for example: advice, consultancy,
accountancy services) paid to the independent
examiner or auditor 0 0
Note 6 Paid employees
6.1 Staff Costs
This year Last year
£ £
Gross wages, salaries and benefits in kind 19,152 17,298
Employer’s National Insurance costs - -
Pension costs - -
Total staff costs 19,152 17,298
6.2 Average number of full-time equivalent This year Last year
employees in the year Number Number
The parts of the charity in which the
employees work 1
Total
1
----- End of picture text -----
6.3 Defined contribution pension scheme There is no scheme
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Note7 Grant-making
7.1 Total value of grants
| Note7 Grant-making 7.1 Total value of grants |
||
|---|---|---|
| Purpose for which grants made | Grants to institutions Total amount |
Grants to individuals Total amount |
| £ | £ | |
| Foreign Missions-Lord of the Nations Church, Philippines |
||
| Total | - |
Note8 Tangible fixed assets The charity has no tangible fixed assets
Note 9 Investment assets The charity has no investment assets.
Note 10 Debtors and prepayments Note 11 Creditors and accruals
11.1 Analysis of creditors
| Note 11 Creditors 11.1 Analysis of creditors |
and accruals | and accruals | ||
|---|---|---|---|---|
| Loans and overdrafts Trade creditors Amounts due to subsidiary and associated undertakings Other creditors Accruals and deferred income Total |
Amounts falling due within one year |
Amounts falling due after more than one year |
||
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| 1,451 | 1,422 | - | - | |
| 1,451 | 1,422 | - | - |
Note 12 Endowment and restricted income funds The charity has no endowment or restricted income
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funds.
Note 13 Transactions with related parties
There are no transactions with related parties
Note 14 Additional Disclosures There are none.
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Issuer
TaxAssist Accountants
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