Registered charity number : 7550769
REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD Financial Statements for the Year Ended 31 March 2025
REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD Reports of the Trustees for the year ended 31 March 2025
Administrative Information:
Registered office address
Unit 4 23 Honley Road London SE6 2HY
Board of Trustees
Daniel Adjei Patience AYI Victor NTIAMOAH
Pastor-in-Charge
Andrew Enoch Lartey
Accountant
Practical Advice Consulting Limited (Chartered Accountant) 1000 Great West Road Brentford TW8 9DW
Banker
HSBC 56 Tooting High Street London SW17 0RN
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REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD
Reports of the Trustees continued
Aims and purpose
The charity is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of association. The Charity is also registered with the Charity Commission in England and Wales.
The strategic objectives of the Revival Eagles Apostolic Living Ministries (REALM), are are directly linked to its aims. They are:
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Worship and Prayer - learning about the Gospel through periodic bible study and increasing awareness of God’s presence by spreading His love.
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Service - provision of pastoral care for the people living in the community.
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Missionary activities - developing confidence in evangelism and in capacity to spread of God and faith to all.
Achievements
REALM and its work hav continued to be supported by donations from members of the Church and friends for specific project activities. Our expenditures mainly comprises of rent for the place of worshipand for paying Instrumentalists. Member and community have benefited in receiving support and various counselling services by Rev Andrew Enoch Lartey during difficult times in their lives.
Future Developments
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Developing various outreach programmes in collaboration with local authorities with regards to youth empowerment, homelessness and refugee matters.
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Planting of Prayer Centres across the Borough to meet the spiritual needs of the people.
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Aspire towards have a permanent place of worship for the Church.
Structure, governance and management
Thee was no change in the composition of the board of trustees in the year. The board met regularly and set the direction and policy framework for the Church. The board also put in place the process for reviewing, evaluating and implementing appropriate risk management framework.
Risk management
The trustees actively review the major risks which the charity faces on a regular basis. The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Financial review
Total income during the year was £28,889 (2024:44,649), a decrease of 35% over 2024. The total expenditure was £28,944 (2024: £45,649) representing a 36% reduction compared to prior year. Overall, the church fund stood at a negative balance of £55.
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REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD
Accounting Policies
a) Basis of accounting
The financial statements are prepared in accordance with the Charities Statement of Recommended Practice (SORP). The statement of financial activities (SOFA) is presented in columns for general fund and endowment capital, showing the net incoming resources, resources expended, and all other recognised gains and losses in the appropriate column.
The financial statements are also prepared in accordance with the historical cost convention. They comply with all applicable United Kingdom law and accounting standards.
b) Incoming resources
Donations, contributions and legacies are accounted for when entitlement has been confirmed, the amount can be measured accurately and receipt is certain.
c) Resources expended
All resources expended are accounted for on an accrual basis. Any ensuing liabilities are recognised as soon as constructive obligation arises.
d) Funds
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity.
Restricted funds are funds which are to be used in accordance with specific instructions imposed by donors or which have been raised by the trustees’ particular purpose. The cost of raising and administering such funds are charged against specific fund.
e) Depreciation
Depreciation on fixed assets is charged so as to write off their full costs less estimated residual value over their expected useful lives at the following rates:
Computer equipment Motor vehicle
50% straight line 25% straight line
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REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD Statements of Financial Activities for the year ended 31 March 2025
| **Unrestricted ** | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| Fund | Fund | 2025 | 2024 | |||
| Incoming resources | Notes | £ | £ | |||
| Voluntary incomes | 1 | 28 889 | 0 | 28 | 889 | 44 649 |
| Other income | 0 | 0 | 0 | 0 | ||
| Total incoming resources | 28 889 | 0 | 28 | 889 | 44 649 | |
| Resources expended | ||||||
| Church activities | 2 | 28 944 | 0 | 28 | 944 | 45 649 |
| Fund raising | 0 | 0 | 0 | 0 | ||
| Total resources expended | 28 944 | 0 | 28 | 944 | 45 649 | |
| Net incoming/(Outgoing) resources | ||||||
| before transfers | (55) | 0 | (55) | (1 000) | ||
| Gross transfers between funds | 0 | 0 | 0 | 0 | ||
| 3 | ||||||
| Net incoming/(Outgoing) resources after transfers | ||||||
| and before other recognised gain/loss | (55) | 0 | (55) | (1 000) | ||
| Gain/(loss) on revaluation | and disposal of | |||||
| investment assets | 0 | 0 | 0 | 0 | ||
| Net movement in funds | (55) | 0 | (55) | (1 000) | ||
| Total funds b/f at 1 January 2024 | (55) | 0 | 0 | 0 | ||
| Total funds c/f at 31 December 2024 | (110) | 0 | (110) | (1 000) |
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REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD
Balance sheet at 31 March 2025
| Balance sheet at 31 March 2025 | |
|---|---|
| Notes 2025 |
2024 |
| £ Fixed assets Tangible assets 4 2 500 Current assets Prepayment 5 2 477 Cash at bank and in hand 6 32 2 509 Creditors: amounts falling due within one year Provisions and liabilities Total Creditors: amounts falling due within one year - Net current assets 2 509 Total assets less current liabilities 5 009 Creditors: amounts falling due after more than one year Loan - Total Creditors: amounts falling due after more than one - Net Assets 5 009 Funds of the Charity Unrestricted fund 7 (55) Restricted fund - Total Funds carried forward (55) |
£ 6 794 - 234 234 |
| (3 734) (3 734) |
|
| (3 500) | |
| 3 294 | |
| - - |
|
| 3 294 | |
| 1 000 - |
|
| 1 000 |
Approved by the Board of Trustees on 2 February, 2026 and signed on their behalf by
Patience Ayi Chair, Board of Trustees
Victor Ntiamoah Trustee
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REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD
Notes to the Financial Statements for the year ended 31 March 2025
| 1. Incoming resources Tithes Offering Income 2. Resources expended Rent Other direct cost Vehicle maintenance Fuel Advertising Temporary staff & recruitment Accountancy fee Rates & water Light, Power, Heating General Travel expenses Bank charges General Insurance Stationery & Postage Telephone, fax & Internet Sundry expenses Subscription Tax |
Unrestricted Restricted Total Fund Fund 2025 2024 £ £ 12 215 00 0 00 12 215 00 0 00 2 675 00 0 00 2 675 00 0 00 13 99871 0 00 13 99871 44649 00 |
|---|---|
| 28 888 71 0 00 28 888 71 44 649 00 |
|
| 10 662 00 0 00 10 662 00 11 599 00 1 356 82 0 00 1 356 82 9 500 00 3 020 07 0 00 3 020 07 304 00 355 90 0 00 355 90 1 250 00 350 00 0 00 350 00 950 00 5 060 60 0 00 5 060 60 10 047 00 500 00 0 00 500 00 1 158 00 496 00 0 00 496 00 1 296 00 0 00 0 00 0 00 1 987 00 15 75 0 00 15 75 1 381 00 211 86 0 00 211 86 156 00 2 867 02 0 00 2 867 02 1 095 00 72 21 0 00 72 21 2 400 00 641 84 0 00 641 84 1 325 00 2 355 63 0 00 2 355 63 1 201 00 215 21 0 00 215 21 0 00 763 00 0 00 763 00 0 00 |
|
| 28 943 91 0 00 28 943 91 45 649 00 |
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REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD Notes to the Financial Statements for the year ended 31 March 2025
| 3. Net incoming/(Outgoing) resources This is stated after charging: Depreciation Accountancy service 4. Tangible fixed assets Cost: At 1 April 2024 Addition At 31 March 2025 Depreciation: At 1 April 2024 Addition At 31 March 2025 Net book value: At 01 April 2024 At 31 March 2025 |
2025 £ 0 500 2025 £ 2025 £ 2 500 0 2 500 0 0 0 2 500 2 500 |
2024 £ 0 1 158 2024 £ 2024 £ 2 500 0 |
|---|---|---|
| 2 500 | ||
| 0 0 |
||
| 0 | ||
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REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD
Notes to the Financial Statements for the year ended 31 March 2025
| 2025 £ |
2024 £ |
|
|---|---|---|
| 5. Prepayment Debtors 6. Cash and Bank and in hand Current account 7. Capital and reserves Profit and loss account |
2 477 2 477 £ 32 32 £ -55 -55 |
0 |
| 0 | ||
| £ 234 |
||
| 234 | ||
| £ 1 000 |
||
| 1 000 |
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REVIVAL EAGLES APOSTOLIC LIVING MINISTRIES LTD
Independent Examiner's Report to the trustees of Revival Eagles Apostolic Ministries Limited
I report on the accounts for the year 31 March, 2025 which are set out on pages 5 to 9.
Respective responsibilities of trustees and examiner
The Church's trustees are responsibilities for the preparation of the accounts. The church's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
examine the accounts (under section 145 of the CharitiesAct), to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act, and
to state whether particular matters have come to my attention.
Basis of Independent Examiner’s Report
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 include consideration of any unusual items or disclosures in the accounts, and seeking explanations from trustees concerning any such matters. The procedures undertaken do not provide all the evidence that be required in an audit, and consequently no opinion is given as to whether the accounts presents a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent Examiner’s statement
In the course of my examination, no matter has come to my attention:
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which give me reasonable cause to believe that in, any material respect, the requirements a. to keep accounting records in accordance with section 130 of the Charities Act; and b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Matthew Odu Practical Advice Consulting Limited 1000 Great West Road, Brentford London. TW8 9DW.
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