Registered number 07817070 Charity Number 1146216 Living Springs Christian Centre Limited Report and Aeeounts For the Period from l November 2023 to 31 October 2024
Living Springs Christian Centre Limlted Registered number: 07816070 Directors, Report For the period from l November 2023 to 31 Oclober 2024 The Directors present herewlth their rq)ort together with financial statements for the period from l November 2023 to 31 October 2024 Prin¢ipal Activities: Living Springs Christian Centre Limited is a private company limited by guarantee. The company's principal activity during the year was the provision of church ministy services. Directors The following persons served as directors during the period: Mr Aloysius Chukwudi Chukwukwue sn11 company provisions l-his report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the Sn11 companies, regime. This report was approved by board on August 2025 and signed on its behalf. Ms Audrey C. Amakihe Secretary
LIVING SPRINGS CHIUSTIAN CENTRE LIMITED. ACCOUNTANTS REPORT ON THE UNAUDITED FINANCIAL STATEMENTS TO THE DIRECTORS OF LIVING SPRINGS CHRISTIAN CENTRE LILIUTED In accordance the engagement letter given to us, and in order to assist you to fulfil your duti¢s und¢r the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account. the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us. The report is made to the Truslees of the company as a body, in accordance with the ternis of our ¢ngagement. Our work has been undertaken so that we 11t compile the financial statements that have been engaged to compile, report to the Tn]stees that we have done so, and state those matters that we have agreed to state to them in this report and no other puryose. To the lIest extent pern]itted by law, we do not accept or assume responsibility to anyone other than the Company and Company, s Directors or Trustees, as a body, for our work OT for this report. You have acknowledge on the balance sheet as at 31 October 2024. your duty to ensure that the company has kept proper accounting records and to prepare tinancial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year. We have nol carried out an audit or any other review, and consequcntly we do not express any opinion on these accounts. (o S.A. Akwafo & Co. (Chartered Certified Accountant) Dale: ?{ (o (Fo L5-
Living Springs Christian Centre Limited Statement of Financial Activities for the period from l Novernber 2023 to 31 October 2024 Notes 2024 2023 Incoming resources 87,123 41,920 Direct charitable expenses 29 101) Gross Profit 58,022 25,102 Distribution Costs Administrative cxpcnses Other operating income 29,492 28,802 28,530 (3,700) Exceptional items: Profit on disposal of tangible fixed assets Profit on the disposal of investments Incorne from investments Int¢rest receivable Interest payable Net incoming resources 28,530 (3,700) Tax on profit on ordinary activities Net ineomlng resources 28,530 (3.700)
Living Springs Christian Centre Limited Balance Sheet as at 31 October 2024 Notes 2024 2023 Fixed Assets Tangible assets 4,730 501 4,730 501 Current assets Debtors Cash at bank and in hand 29,761 5,410 29,761 5,410 Creditors: amounts falling due within one year (500) (450) Net current assets 29,261 4,960 Total assets less current liabilities 33,991 5,461 Creditors: amounts falling due after more than one year Net assets 33,991 5,461 Aeeumulated Funds Income and expenditure account 33,991 5,461 33,991 5,461 The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. Members have not required the cornpany to obtain an audit in accordance with section 476 of the Companies Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies, regime. Appo the board on ?- < August 2025. oysius c.ch Director wue
Lnving Springs Christian Centre Limited Notes to the Aecounts for the period from l November 2023 to 31 October 2024. l. Accounting Policies Accounting conversion The accounts have been prepared under the historical cost conversion and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). 2. Incoming resources 2024 2023 Tithe/Offering Gift Aid HMRC charities 57,719 28,224 41,795 41.795 1,180 41,795 125 Depreciation of owned fixed assets 87.123 41,920 2024 2023 3. Taxation UK corporation tax 4. Tangible Fixed Assets Equipment Totsl Cost At l November 2023 Additions 3,752 5,409 3,752 At 31 October 2024 9,161 3,752 Depreciation At l November 2023 Charge for the year 3,251 1,180 3,251 1,180 At 31 October 2024 4,431 4.431 Net book vallle At 31 October 2024 4,730 4.730 5.Debtors 2024 2023
Living Springs Christian Centre Limited Notes to the Accounts for the period from l N0veber 2023 to 31 October 2024 (Cont.) 6. Creditors: amounts falling due within one year 2024 2023 Corporntion Tax Other creditors 500 450 500 450 7. Creditors: amounts falling due after one year 2024 2023 Other creditors 8. Income and expenditure account 2024 At l November 2023 Prior year adjustments 5,461 At l November 2023 PTofit/(Loss) for the year 5,461 28,530 At 31 October 2024 33.991
Living Spiing Christian Centre Limited Expenses for the year ended 31 October 2024 2024 2023 DIRECT EXPENSES Rcnt Musicians TV Evangelism 24.902 1,700 2.500 14,818 2.000 29,101 16,818 ADMINISTRATIVE EXPENSES Salaries Tithe of Tithes Motor Expenses Phone Dircctors Salary Administrative Expenses Wclfare Repairs Accountancy Fees Honorarium Hire of Instrument 6.000 14,900 780 545 190 8,400 2,906 8,444 314 500 1,500 693 199 2,040 4,349 4,940 450 500 29,492 28,802
Trustees, Annual Report for the period from l November 2023 to 31 October 2024 Charity Name: Living Fountaln Christian Centre Other Name: Living Springs Christian Centre Limited The trustees consists of one member who is a director of the company for Companies Act 2006, present their report with the financial statements of the charity for the period ended 31 October 2024. The trustees have adopted the provisions of the statement of Recommended Practice (SORP) and Accounting and Reporting by charities i55ued in March 2005. Registered Charity Number. 1146216. Registered company Number 07817070 (England and Wales) Charitws Principal address and company's Registered office: 71 Creekside, London SE8 3DW Name of Trustees who managed the charlty were: Trustees Name Office MrAloysius Chukwudi Chukwukwue Chairperson Ms Audrey Amakihe Secretary Name of trustees for the charity: Ms Audrey C. Amakihe Mr Aloysius Chukwudi Chukwukwue Descriptlon of the charivs Trust The charity is governed by Trust Deeds. The charity is constituted by a chairperson and one trustee members. Trustee's selection methods: The trustees are appointed in accordance wrth the policy, organisation and rules of the charity. Members of the church who are qualified to be trustees are eligible to apply. OBJEcfivES AND ACTIVITIES To advance the Christian faith in accordance with the statement of beliefs in such ways and in such parts of the United Kingdom from time to time as the trustees deem fit. Evangelism in London South East and surroundings and the proclamation of the word of God through the medium of television. To provide counselling to married couples and courting couples. SUMMARY OF AcfiviTIES
To provide sacred space for personal prayers and contemplation. b. To conduct pastoral work including visiting the sick and bereaved. c. To provide regular public worship in the community open to all. d. Promoting the whole mission of the church through activitie5 for youth, senior citizens and special need groups. e. To promote empowermenvs advocacy and encourage members to contribute their skills to the benefit of the community. ACHIEVEMENTS AND PERFORMANCE The church has opened its doors to the community for Wednesdavs prayers in the evening. Thi5 has enabled the youth who were at first roaming about and engaging in unsociable activities to come and listen to the word of God. There is always breakfast club in action during that period and this is open to the general public on Sundays and Wednesdays. The trustees outlined their commitment to enable as many people a5 possible to worship and become part of the community in Charlton and Greenwich catchment areas and south London. Financial Review The trustees decided to plough back the reserves of the charity to enable the organisation provide more activities to the community and the public in general. The charity received Gift Aid of £28,224 from HMRC charities during the year ended 31 October 2024. Signe onb If of charitWs Trustees. Full name: Mr Aloysi Chukwudi Chukwukwue. Chairman. Date.................................