REGISTERED COMPANY NUMBER.. 01134602 IEnKJand Wala}
REGISTERED CHARIJV NUMBb.R: 1150036 aAd Wales) & Sc￿0673 (S¢otl••d)
RF,PORT OF
E TRUSTEES AND
EEPE
HRI
Leroy Reid & Co
Ch&rtB￿d Certificd AccountBnts
and SlaDJtury Auditors
299 Nonhburough Road
No￿llry
Lonthn
SW164TR

DEEPER f.IIRISTIAN LIFE MI
THI.. Tr'INAN
T ATEMENT
OR TIIE YEAR ENDED 31ST DECEMBER 1023
P#Ee
Rtrtnaee ANd •dminlitr•tlvt detal
Report of the trDitet
Report of the Independent ludlto
7 kn 10
SIAttment •fnu&Atlil jetlvlil
Sthtement •f IlnAAtl*l poalilo
stst¢mtnt •f flowi
Notei lo the illtemtnt of tath nowi
14
Nolei lo the finanelAI Mt•ltmeTht•
15 10 21
Ddulled Df15n*wL511 lctlvltlu
22 Ip 23

EEPER f.IIRISTJAY LIFE MINJSTRY
REFERENCEAND ADMINI TRATIVE DETAILS
OR THE YF.AR ENDED 31ST DF,CEMHF.R 202
TRIISI'Tr:Tr:S
T)r W [.' Kumuyi
P%tor S P Akowe
Mrs l. F A Kumuyi
Mts M A Ok¢Nwd {de¢e￿d 21.2.241
Mrs M M Aksosany4
COMPANY SECRETARY
E F A Kumuyi
RECvlSTERF.D OFFICF.
Tran&fomi&iiDn IlTru
66 81 John's Ilill
Clapham Junciion
SWII IA
RCf.ISTFRkD COMPAPIY
NIIMBTr;R
08134602 Illnglthnd gnd Wales)
SL040673(Scoilandl
LC.ISTERED C_IIARITY
NUMBER
150036
INDEPENDENT AIIDITORS
Lcniy RLid & Cp
ChartL'TL'd LL'rtifiL'd AL¢OUtit8rt1&
and Sthtuiory Audii(bTS
299 Northborough Road
N￿￿ury
l.ondon
%W16 4'1'R
SOI.VLITORS
Llivc Flindlc
S Norihumherland Squar¢
NL)rth Shi¢lds
NI:.3D IQQ
BANKEKS
CAF Bank Limitcd
25 Kin&K Trlill Av¢ttu¢. Kingg Hill
WLSI M*illin¥
KL￿1 Mf.i¥14JQ
National W¢5tmin$tcr ljank PT.C
2& PritLCe55 Rulld Livrrpoul IA IJ'I-
Barcl&ys Bank PLC
5th FIDLIT, Corinthian Hou
17 Koad
Cn>ydon CRO 2BX
HSRL flunk PIL
28 Borough High Str¢¢l LondotL SEI IYB
PagB I

DEEPER C.IIKISTIAN LIFE MINISTRY
REPORT OF TtIE TRIISTEES
FOR THF. VF.AR ENDF.D 31ST T)F.CF.MHLR 2023
Th¢ trustees who Are 4Ls0 dir￿torS of ihe charity for ihe pu￿08¢$ of the Companies Act 2006, pre5enl Iheir repurt with
the finaneial $iatemenis ol'ihe chariiy for thc yczr cndcd 31sl r)LLcmbrr 2023. The trustee% hivc adoplcd th¢ pr()visinn5
of Accuunling and Re￿￿rtIng by ChBrities.' Statement of Recotnmended PrAclic¥ &ppliL&ble lth Lhllrities pre￿rIllg Ihtiy
A¢colln18 in accordttrjce wilh th¢ I'ittanGi&l Rcporting SINndard appli£abk in the IJK and Republic of ITcland IFRS 1021
elyeclive l January 20191.
ORJEC.TIVTr.S AND ACTIVITIP.S
Purpobr, *Sms, oblecltves *ctlvltlti
The Purpwe aNd of the th•rlly #r4:
RLnLfil th¥ publiL ihrough IhL advancemtnt ofihc ithal¥ Of lh¢ ¢hrislian foith
2. BL'nLfii thc individual through the devciopmenl ot. their potential% in ordcr lo bc Ihc k'sl Ihcy cth be
J. ALIIVL Ln8H8Lm&nl with ihc rummunity lor the overall enhan¢emeni tsfthl ¢omrnunity L¥PLricn
Our obj¢¢tiv¢J and •ttivitiu •r¢:
l. F.'uifillin¥ the Grcal Lommis5i¢Jn given by our Lord and Saviour Jesus 10 every Fk.liLvcrto:.
l. l (¥0 into all the world ond lea¢h 411 nation& [￿lpIL. and ruces the word Trt'fjod, Icll¢thin8 ihw lo obtKJve every joi
artd little of ii And mttkiThy di$tyiplr$ vfthktn.
1.2 Pr¢4ching thc word lo cvery ErcaluTe 8nd ￿vÉring tht earth wilh righ￿￿u5￿￿￿8.
2. Rcaching out ty th¢ churchey Rnd IhE unchurchcd penplc ofthe world.
3.To believe1.* ittto dt¢PLr llnd iiLhrr ¢xpcri¢nL¥$ with lh¢ l.ord JL'Xll* Christ, Ihr(>ush r¢gul&r milling.% Itachin8
nd gclting I￿rn to bc Hcqu&iThl¢d with the 8raciou4 Mell￿ of hTrty, heAlihy and huppy und pr(>gpKmus bal8nced at
4. Providin8 LX)mmunity Lnh*nLing aLllVjli¢S by IIKal iDn8t¢8iiiDns.
Pmblle benetll
Thc Trus￿e% are (>l' IhL Lhariiy Lurnfflis&iun'8 ¥uidLlin15 un publi¥ beThcfit. The work ul. thc Lharily and Ike
funds li ruis¢a ar¢ wholly dirttted tnwards furthL'rin¥ ihv reli8inu% 111118 and (*bjeciiv¢5 ofih¢ Lhurity. 'fh¢ Twu51¢cs
th¢r4fU￿ ufik vi¢w Ihal th¢ Charity ialisti¢% th¢ critcTi4 laid down fTrr m¢¢ling lh¢ public ￿.ner11 ￿%1.
C.hari¢•hl¢ Dyniiloll
The Charity does not mdk¢ 5i¥nifiL8Tr1 donations lo individuols or trlher iTh5lilutions. The ChHTily do¢4 howEv¢r, ￿lL
oihcr t)ccpcr Chri%lian Lite Mini.4lry orynixaliiinx Ihr(>u8houl Ihe worlil. ThE Ch&rily 5uppufib mLmber% who arc
in difficulty eiiher financi4lly Trr Providin8 oihcr mcans a8 rcquir¢d. A8sis(anc¢ may k madL io olhcr non4lcepcr life
charithhle i)rBani54tiuns frnim lim¢ Iv iimc ai th¢ di$Lr¢livn ofih¢'fruJ1¢¢5. Stym¢ hEreavcd lllmllics in ihe LhurLh ￿'re
supwrt&'d lh¢ ycar.
LIFE INTERNATIONAI. I"RAINING L Tr;NI'RL IGIIAGADA). IAGOS NIGTr-.RIA
'rhL' Charily i¥ &£fili&ted to the global Charity with headquarterA in LB8nA NigeriB. 'I'hc UK Ii'adL'rship ot'the Chority ix
rtyuiNd 10 tttlind rLgiulor irdinin& of ihe worldwde le£denhip of the Church in T.#gUb Nigeria annually. Tn fg¢ililat¢
thi8 rcBular IrRinin8 thc inlirnaliunlll hcadqu£rtcvs ofih¢ Charity 15 buildillg 4 trainin8 ceThtre in La8vs NiBcri&lDI.ICCI.
To Ihis i'nd Ihi Eloard of trUYlL'¢S hds Agreed ￿ mubilise membejy of thc Chfjrity sn Ihb Uniied Kingdom 10 wnlribut¢
riTrBnGiglly tnwgrds lh¢ rcali7.Ati(kn of thc training ￿lltrc.
Voluntrcn
T1￿ ChHrity relies on the uge of Volurtlters to deliver ils objectives Attd the diy to d*y Nnnin8 of thy OT8anisalhJn. Th¢
nlribuli(m rnRde by the vTrhmteers 15 significanl 8lthTru8h w m(bn¢lary v&lue bc plac¢d oft ihc ￿ty1r¢S thal th¢y
provid
Pg8¢ 2

F THE TRUSTEES
ENDE
DF.
.STRATF,f.IC. REPQRT
ArhiEvemtnt Rnd perfornLAnet
Lharitihl¢ *¢tivili¢s
L(x)kin8 back Mt thL yL'ar undLr r¥vi¥w w¥ llthieved uur llims and ubjeciives. The outcome ofour wodL in the pAsl yellr
ha% hctn ethanccd by thc following
Thc inlcrnal Controls withill ihc charity were refo¢u%¢d and cnhafj￿d in thc yrAr. Thc ¢h4rity Updat￿ its
manag¢meni softw8r¢. which kn keep in line recent charity guid¢linc¥.
ThcTC w9% regulAr training liir thc volunlLer 4￿￿u￿11ng blaff of th¢ chaTlty. Thi% h&$ Irrlw¢￿ PDSitivety i
their dL'IivLry.
Acr()%s Ihc natio￿ Ihc Lhdrity ¢Thgagcd wsth the homelcs% cTrmmunity throvgh ￿¢Girl¢ proKTamm¢s for
r¢¢Jing and 8hel&rin8 vf those in mo%i need8.
ThtK ￿r¢ projLilS and L￿vp¢r&IIun k'iwcLn wmL ofour Rcgian% and Care TlTrmcs in ihcir lo¢*liiie%.
ThtK were youth ci)nfeTettees in the yeor whiLh bruughi togeiher * div¢rgc number ¢Jf yuuths.
WL hf Id naiionwidc naiioADI conlcrenct whtre variou% Ihtmc¥ and of lh¢ Lommunity lile wcre
addre.*%L¢J.
Ncw loc014s￿MblI￿8 WL￿ s¢artid ￿1(}8$ (hi ftallun.
lThe Churity held ctsmmllnity enhon¢eme#t pro#T8mme ihrough 8ciivities like b*rbttL'u¢ picnic5. childTLn
play ¥roup5 and financiol Ir&iDln8 EYD8ramrneA. Thesc a¢tivilic¥ opcncd kn memt)cry ofthc ￿mmUni11cl.
Vin*nclil TLWI¢W
Tutsl inc()ming TC50urce% lor ihe ye&T w&s £5.161.397 12022 - £4.22fi.230I and iulal rcsuurcL'& £xpeThded on charitablc
BcliviliLS 01. £4.940.127 12Q22- £2.952.Hfi31. Thl. nLI Surp]￿ l(Ir Ihe Y¢￿ utl¥r dLQuciing rLIuyiiscd 10￿C5 ul'£l.250
underTCViEW L¥26.92U12022-1,273.3671,
Invtitmtni polley obJectlvi¥
Th¢'fruxlcc4 Ihr(buxh IhL p)w¢r v¢sl¢d in thwn tjy IhL ¥ovLrDin¥ con4lilutiull Ip inv¢%t ¥nd d¢Jl with Any monie% of Ihe
Charily. noi IMML￿1￿1¢IY r4quirLJ. its ayby ¢)r tyr¥unisutiiin (Ir enter into iDint Veth￿r£s wilh Ih¢m pmvid¢d th
Ihc and i?bj¢¢liv¢% ol. sN¥h companies Thr nrganixalinns do Trol ¢iillfli&t wilh th¢ prin¢iplc¥ And provi%ivns of Iht
Holy Scriplur¢s and ienets ol. Ihc laiih ond dL'claroiion% ol. ￿lierhL,Id by Ihi Lhuriiy. The policy ol. IhL 'fvu51LL's is I
invesl lund5 rtol imm¢diJl¢ly r¢4uir¢d by Ihr Lhyriiy in 4 ivmbiThJlioTh of cosh dcwsils and 4uoILd invL'slmLThl%.
'he market vBluL' of invL'&imeni8 h¢ld ai lh¢ yLttr tndcd 31 D¢¢L'mkr 2021 WLS £59,313 12022- £60,563)
'I'hL C'harity invisim¢nly Jr¢ man&g¢d liy indcptnd¢ni invc%irnrnl Hdvis¢r$ uThd¢i dixLr¢liunary FxiwLr¥. 'IhL' invLIMment
p)rilolio is mano¥L'd by tskini Illlu XLLuuni thL Rvxrd's lllliiud¥* iu rilk.
TIIL invcMlTh¢nt pcrfomance is coNsid¢red sali%f&ciory when comp8rcd io major ffj*rk¢l indic¢%.
Ruerve% polify
Ti 1.4 th¢ ¢x)licy •f Ihc floard iu M&intB1￿ & bal1￿C on UnTC8iriclL'd fund8, which is equal lo six munths vl. unrcilriclrd
pthymenls. This iy rcviLw¢d IhTOU8h Ihc manB8Lmcni report cv¢ry quurllr Irj ensure that it is relev￿t ￿ Ihc C'.hstity'
rinllnLial SllllL'. -Ihc 'fru￿￿e& consider thBt TeyErve8 &1 this leycl will cnsurc Ihlll. in IhL CVEllt ol tt 8iBnilicllnl drop in
iTrcornL', thcy will h¢ ahlL Iv cnnlinue Ihe Charity's current activities whil£ con%idcraiiun is glven ￿ ways in which
addilional lunds may he raised. Thi% level tsf icxervcs mainiainEd Ihrvughiiui Ihc year.
The Chirity's re$ervcs the ycar*'nd wlls £17.113.561 12022 £16,186.6411. iTrf which £114,421 1.4 shown
rcsiri¢14d fund. The Te4iriLILJ fund 18 ¢arn?ark¢d ia b¢ uKd in th¢ furthcrHn¢c tyr ihc ¢hwity's obje¢tive$ tu aLquire
buildinss lu k u8cd tor pla￿3 nf WDTBhip.Thc net v&luc of ian¥iblr fiN£d us5¢Li were £12.221,611 12022
£11,803,0691. As ai .1 I Ik'ilmhcr 2023 the r¢mainin¥ net ruervei o14.891.95012012.. £4.321,9421 15 held tu pruvide
working rRpitsl for the Charity, lo pmvidc and tDr £onlitLBenciesand to bc Bvllilllbk ID ¢ontribute towarth Ihc pur¢h4sc
and improv¥m<nl orr8cililies ill furth¢Tanc¢ ofih¢ fulur¢ work ofih¢ Chgrily.
Fiture plHni
The Boerd wll %K¢k in Ihc cotning yc&r lo furthcr kc<p down Ihc of runThin8 the Chdrity.-fh¢ Floard 1% dctenTrincd
lo lee that Iv¢al assemblies 8r¢ ¢¥tabli5h¢d within Iht Uni*d Kin¥dom. There plans lo llcqul￿ buildi¢
for lo¢dl Bwmblies.

DEEPER CHRISTJAfi LIFE Mif41STRY
REPORT OF THE TRUSTEES
FOR TtIE YF.AR ENDF,D 31ST T)F,CF,MIITr,R 2023
STRUCTUR& GOVERNANC.E AND MANAGEMENT
GoverThlnE documETht
The ¢horiry is controlled by ils governirtg document. a dc¢d of trusL and con8tiiules H limitrd r(bmpany. luniied by
guarantee, ￿ d£fined by the Cump3nies ALI 2006.
ThE Charity i% constituted hy a Trusi D¢d. 'fhc Trusl WHS r¢¥isl¢Td with th¢ Charity Commis8i41n •n Ihe 51h August
1987 and thL' mD81 r¢￿'nI Lvnsliluliuts Wa￿ uduplcd appruvLd (m IhL' 13th Ik.ccmber 2010.
Tr TTuslees who 8erve durin8 the year wLYe:_
P&%lnr Dr. Willi8rn Kumuyi (LhuirmllTrl
Pasior Paul Akowe
Mrx Muni AkinAanya (Trea￿T¢r)
Mrs Esiher Kurnuyi1.8e£retsryl
Mrs Mary Uk¢nwB Id¢c¢a8cd 12102120241
H￿ruIt￿rat And •ppoinlm¢nt of n¢w tr¥4t¢
rnbs*es are appoimied and appmvLd by the Cjeneral Sknp¢tin*ndertt. The Tr￿tte9 have eslablished proce￿¢5 for th
induciwn End trainin8 Trt'ncw and ex1￿1n8 Trustee
TrustCE5 nt. thc Churily hNvc thc r¢swn5ibility ol. cwp¢ratinB with the Chllirman of ihL Rvllrd. who is also th¢
CTcnefo1 SuperiniL'ndL'ni ofthr Chllrily wiTrrldwidL'. in Ihr fuifilm¢hi ufihL' Pasiiiral. evon8eli&liL. WLIUI und ecumcnical
missiun ofihe Charity. The TTU$tu'N rexpnnsihl¢ for ihe m&na&emenl Dnd mllintL'nthLL' trfthe church phyyi£&l
Lls wiihin Ihc Uniicd Kingdom.
The ChArity ¢llrrie% (>Ul il4 411ivili¥¥ ofyrvs¥ Ihc Ufti*d KitsEdvTn Ihriiugh the Regional llciwurks. F(>T mon88cmcThl
rwici ￿1¢ Chmrily 18 ¥urTLnlly dividLd illio lhi￿.￿rn r¥gions ￿rosS Ihi Uni¢¢d K¢n8dnm. l.'H¢h R¢givn 1% headed by x
Re8ional oVe￿¢T whts h&8 8upervi$(>ry a$ well 0$ PLgtr)Al (>ver.$ight over Broups Of ihuNhes wiihin his ￿¥l￿n.
Re8iTrn41 Qver4eerR and Ikir wivL'$ 4rL mcmk.ys lif Ihi. N*iionul Repre.qentsiive CATrunciI INRLI, 'Ih¢ NRL rL'POrt5
dirtcily tu ihc Gcncral Superinlendcnt IhrtsuBIL the BTr&rd ofthe Charily ch&ircd by him. Th#rr i% a m&n88¥mLnl hi￿rd
th41 meeL% lin 4 r¢¥ulJr bHsi¥ lo llddr¢¥5 i55u¢J r¢lulin8 iv lh¢ dlily mun&¥¢m¢nl ill. the Chuily.Thc Lhllrily $lill holds
one il's properties in the old (Thiriiy.
The charity Pllsiur Suhday OkLnwH vn thL' 2nd ol. August 2023. HL diid while atiending u youth cvnfcr¢nr¢
owgBnis¢d by the charity in NurfL)Ik. Ilniil hi$ d4ath h¢ wM5 th¢ dire¢tOT of linHncr Hnd th& Rr¥iiin81 Qvers¢cf for
r)ulwiLh. WL will yjrely miss him.
Most of our tru¥tr¢¥ #r¢ ronvcrwnl with thc daily wvrk 4)fihc chuTlty."I'hLTh ix fyn ort-going struciurc in place foi the
re8ular trainin8 of IN$ie¢x mana8rmLni.qtarrio kL'LP Ihem abrL'#St with developm¢nl¥ in lh¢ Lharily world.
RlJk mAn*iemr•t
Thc nLI.M HuRrd ha5 put in pl&ce Rdequalc guideline% and procedurex for idcntifyin& muttiioring and mon*¥Lm¢nl
k¢y ri.lkx 10 whi¢h lh¢ Lhariiy is ¢xpo%¢d. Th¢&¢ is urylal¢d annually. I'h¢ Hoard h&4 tBken necessary xicpx ￿ milLBaie
the wtentiRI iM[￿cl of id¢ntifi¢d risks. 'Th¢rc is on guin¥ risk Irainin8 for full tiTnc and volunieLY sthff of ihe
Lharily.
Pag¢ 4

DF.I.-Pfv.R ('.11A1,
l.11,'b. Mi INIS
FnR Tiif. I'LAR b.Nl)F.l) 31s'r Db.CF,MfsF.
2023
SI'RIJC.TURF,. C.OVF.RNANCF. AND MANAfvEMF.Kr
STATEMLNT ON COMPLIANCE WII'H CIIARJTY COMMI&SION C.IIiDANCb,'
Thc'l'n]slrL'8 grc abr¢B%I wilh correni 8uidcline4 from the bUPLrvisory The M￿ageMent board r¢8ularty TeViCWS
i18 aciivLti¢s lo eTrsuTe complianL¢S with re8ulalOry fram¢vwrk8.
GRANT MAKING POLIC.Y
Thc Charity doL¥ not mak¢ $ignificanL grantg 10 indivtdu&ls or other inslituiiun8. Th¢ Charily doES howtv¢r, as￿l￿t other
Deeper ChTisiian l.ife Mittislry organis4tillns throughoui thi WnTld. fht Lh4rity a150 .SUPPUrt% membcr5 who are in
dilli¢ulii¢s tyiiher financially or providitLB uihcr me4D5 Hs rc4uired. Assistance may br mad¢ ts) oihcr nTrA.￿.￿p¢r lit¢
charitdble i)r&Bnisaliiins from lim¢ lo liml Jl IhE discrL'iion ofih¢'l-ryS¢Ee$. SOML, b¢rcaved fttmilies in the L&urth were
SUPPDrted during ihe year.
VOI.(JNI'ELRS
Thc Charily rLlies on the vf Volunk¢rs lo delivcr its obicctivts well ￿ thc day IL) d*y Nnrting uf thc
org&nisation. The coniribulion made by ihc wulunle¢rs i¥ signifi£ani. ulihuuBh no monetary valu¢ tan bc placed on tht
&erviL¢8 Ihal they pruvith.
FIINDl> HTr.I,I) AS LIISTODIAN FQR QTHTr.RS
Thf Lhllrity did noi hv*ld lun¢ts cu%luJiths iin l￿b￿lI.01.0thrrs in Ihc y¢ar ¢othd 31 T)L'L¢mkr 2023.
STAI'b.MENT OF TRIJSTFb..41 RFAPON8IBII.ITIE.8
Th¢ iruAte¢% Iwliii arc alyu the diTcLtsirs ol. Ik'LpLr ChrilitiaTr l.if¢ Miniyiry ftsr ihc purpuY% <Jf c()mp4ny law) are
5pvnyiblc for P￿p￿rIng t1￿. kewrt of Ihe und lh¢ finAnci41 Jtai¢rnrnt4 in 4LLordanLc wilh yppliL4bie law #nd
ljnilcd Kin8dDm A￿OUnt1￿￿ 514ndards IUnil¢d Kingdtsm GLnerally A¥ceptcJ Acc<iunlinB PNLiicel in¥ludin8 fiL8ncithl
RepoTlinB siandard 102'Th¢ l.'inancilll RLponin8 Slandard llpplitablc in Ihe IIK RLpubli¥ vfTrel*nd"
Lumpuny law rcquires ih¢ InJ4iee% lu wipare finanL'iAI ￿ELL'l￿ents fur ¢wh finAn¢iul yeat which give 4 tTU¥ and fyir
vicw of thc llllaiN of the churil#ble cllmpany and uf Ihc inLtimin¥ Mpplicuiiiin (>f rL'xovrLc
in¢ludirtA th¢ intsime and expendiluN'. Of th¢ 4httrit4bl. company for th*1 ￿rI{Jd. In preparin8 thusL' linanLial
siaitmonls. lh¥ trD8lc¢s arl. TequiT¥d
sclccl Sul￿bIt ac(uuniin8 wlici¢s and Ih¢n imjly IhLm ¢r*D¥i¥tenlly:
hycrvL IhL methods Hnd prinLiple$ in thc Lhurity SOKP.,
m4k¢ judgemcnls und esiim&tc% th41 rL'afionabli' and prudL'rtI'
ittte wheikr applicobli actouniin¥ hwe becn foliuwLd. %ubj¢r¢ th any mat¢rl41 depirtllre¥ di¥clo8cd llnd
explainL'd in the llndnital siat¢m¢Trts',
prepar¢ Iht finunci&l sl#lctncrtt8 on (he 8oing 4onccm bll8is unl¢ks it is illapprupria¢e prcgumL' that lh¢ ¢hirLIMbie
¢ompylly will ¢uniinu¢ in busink￿.
Thc 1rug1￿$ are re%ponsihle for kL'epinB propLf 2ccountin8 TC¢OTd% wht¢h disclosc with rcasonabie accuracy ai any lim¢
Ihc tin&n£ial pvsiiion ofihe chBritsble compttny and lo L'nllhle IhLm w ensure ihal the lin4llciAI SiBlemtn15 comply with
thi CoJThpaniL'g ALI 2On6. I'hey arc &lyu tcxponsiblc tilr Faf¢¥uarding the as¥Ll% of IhL' chari14bl¢ wmp&ny h¢n¥¢ litrr
l&king rcasonuhlc Ateps for the prLvintion and dltcciion uffvaud and oihcr irre&ul4riii¢5.
In so far as Ihc ar¢ aw&re'.
tILere is no r¥lLvgnl Rudii infunn&liiin of whioh the chllrilable LUmp￿Y'S lludit0￿ a￿ unawar¢- and
Ihc irustcc$ hJvc lllkcn rt1151cps IhHt they oughi io h*vL tBkcn lo mukL thcms¥lves awarc uf Bny ￿levant rtudit
thform4t(ivn Lsthlish Lkni the audiior$ 4rc awarL Vt'thal lnfomialion.
AUDITORS
'rhc auditors. ILroy Reid & Co. will tK prorK>5Ed for re-4)pointrn¢nt gt Ihe forthcornin8 Annual G¢n¢ral Mceting.
Pag¢ 5

DEEPER CHRISTIAN LIFE MINISTRY
REPORT OF THE TRUSTEES
FOR TEIE YEAR ENDED JIST DECEMBER 2023
Re￿1 of Ihe Iruiie¢%, in¢orpTrTaiinR a Siraicgic approvcd by order Df the of tllL8ttt4 as thc compBny
dirtttor4 on.-.Iq.l...oq.l.kn&.y. %nil signcd on Ihe tr￿1rd,8 behaifby..
Pa5ts)r S P Akowc. Tnut¢c

REP
RT
TIIE INDEVENDENT AIIDITORS TO TIIE MEMBL
D),Tr,Pb.R CHRTSI'IAli I,IliTr. MIiYISI'RY
Opin?nn
We have aulli￿d th# finHnLiul thl¥tn<nts of DeepET ChrisliRn Life Ministy (th¥ 'Lhwitsble Lmjmpany'l for ih¢ year
ended 31¥t 1)cc£rn￿r 2023 which wmpri* th¢ Slatemeni ofiinallcial activitie£. Ihc SLqtcm¢ni orrinancial tx>siiion. th¢
Siaiemeni of cash fluwg ¥nd notL'S lo Ihc 1SnanLial including & su[nm5￿ uf significani accoulliing poli¢i¢s.
'Thc financial retK>rtinB frarne￿rk thal h45 appli¢d irb ih¢ir p￿par￿[lOn is #pplicoble law Hnd Ilnilcd Ki￿￿)M
Ac¢ouniing Siand&rd8 (UDited Kingdom GLner4lly A¢ctPl¢d AcLuunting Praetictl, ittcluding Finuncial Reportin8
StHnd&rd 102'The FinoTrcig1 Rep(Jrlin8 Standard applicAbk in thc UK and Rcpublic of Trclond,.
In our opinion th¢ financial ￿81¢m¢￿ts,.
8ive a true fair view of Ihe state of the ¢harilabl¢ cumpany'8 atrairs as al 3151 T)e¢¥mbeT 2023 of il¥.
inry)min2 r¢$ourc¢s find appli￿tIOn nfrtSQUT¢e% including il% incDme 4nd ¢yp¢nditur< for lh¢ y¢8r thGn ended.
hive been properly prepaied in ￿l￿rIJa￿lL with Unikd Kin8dum Gi'nL'rally Accep￿￿ A¢¢ouniin¥ Pra¥tiL¢.
inoluding P inan¢i&l R¢￿rI)ll8 Stsndard IOZ'Thc Finoncial R¢w>rtiThg Standard applic4bl¢ in th¢ UK and Rep￿￿11¢ of
Ir¢land':
hav¢ k¢n pr¢pA￿d ill accordanco wilh the requirements r*f Ihc Companies Aci 2006.
Ali fnr dknel*lm*rofoplhlon
W¢ Londu¢l¢d our audii in a¢cordun¢¢ with Initrnlliii>nal Standar￿8 on Audiiithg IIJK) IISA5 IIJKII and 4ppliL#bl¢ 14w.
OUT r¥spun5ibililiL5 undcr tho￿ 5thnd&rd.4 arc lurthcr dt5crihcd in ihe Auditors, r¢$ponsibilili15 IOT ihc lludil ot. Iht
rinancial %14iLtn¢nis K'iiiun uf our rcpori. We ur¢ ind¢pKndeni tsf ihe charitdblr uJmp4ny it) u¢cordAnc¢ wilh ihe
tthical requircmenls that are relcvanl lu our #udii 4)f th¢ fin￿¢1￿1 NiaiLmenL4' in the IIK, includinB the FRL'Y l.'Ihic&l
Sl#nd4rd. h#vL lullilled our Dih¢r thhic41 responsibiliii¢s in uL¥Mirdance with Ihesc TL'quir¢m¢llls. W¢ hcliL'V
that ihc audit cvidence we have Dhial￿d is sunicinl wpDJprialc lo pwvith a basis for OUTOPiThiOtt.
ID auditin¥ lh¥ fin4tLLi￿l slalLmini%, we have concluded Ihal the IT￿5. U8e ol-lhe goin¥ b4si% of 4L¢punlin8 in
thc prLpaMiivn ufihc finanLial 51alemcnlx li Rppropri&t¢.
nascd on lh¢ work we have perl•rm¢d. WL. huvL nul idLniifiL'd any mlllLrial unLLrtlliniies relotin& (o ev¢nu or cvndiiivns
Ihal, individually vr ¥olk'¢iiv¢lyi may r&41518nifi¢anl doubt th¢ ¢harslahl¢ compJny'x ubilily lu wnlinu¢ a% 8 8¢)in8
¢onLcrn for 8 pcriod oral ieost twelve m()ttihN fTtsm when the firtttnciil %lalL'meni8 are Auihoris¢d for i¥suL.
(lur rcsponsibilitiei and Ihe ttNp(>nsibililies of lh¢ trnthcs with r¢sw¢t to ¥oinx Concern gle described in th¢ rklrvunl
y¢Liions ofihi¥ rL'pori.
Othrr inforrnalio
rh¥ Irusllis urc rLspon&iblc lor Ihe Other informa¢ion. The Diher infunn¥tion cDmpriYs thc ioforrnuiivn in¢lud¥'d in th¢
Annual rl.￿]rt, uthLr th￿ thL finatscilll sl&lemcnlx and our keportol'ihe independcnl 4udiiuts IhcrL'iin.
Our opinion on IhL finanLial SllllL'mL'nls docs nol covcr ihr ultKr inliinnaliun and. L'XLLPi ID the exient oihcrwi
¢xpliciily slRE£d in our rewrt. we dii nul 4xpr¥¥s Uny fL>rm LLinLlusion Ih£reTrn
In COnnCLliDn with nur audit nfihe fin4nci*l ¥l*lLmLnls, our rLsponsibiliiy is lu Ihe OTher infnrmalion ￿(L in duin&
, Gonsid¢r whether nthcr infwmxliun is rnlllL'riully inLonsislcnl wilh Ihc fLn¥TrLilll %l&lement¥ or (>ur knowlcdgc
obtained irj th¢ uudil UT uih¥r%vis¢ 4ppeuy It> h¢ mAlerially mi5Stated. If we identify suih mlltcriul inLUn$1¥￿n¢L￿S or
appa￿nI malcrial miSSlaltm¢ni8, ar¢ rcquir¢d 10 dci¢minc wh¢thcr Ihis 8lVtS fisc 10 a malcrial misslalcmtnt in Ihc
rinynkial $lJl¢mcnt% th¢m5¢1v¢4. Ir, un lh¢ Mvrk ￿ h4vi p¢rfUnn¥￿ w¢ ¢oncludE th81 th¢Ti 1% 4 mlllLrllll
miMialrmcnt vfihis oihcT information. we dre required lo Teport Ihlll f&ct. We have ttoihing ￿ rcpDrt in Ihis rrgArd.
Opinions on olher mallern preJ¢rlb¢d by thr (.omy*hles A¢t 21106
In our opiniiTrn, bAs¢d th¢ Wo￿ und¢rt&k¢n in the ¢(>ur4¢ ofih¢ gudit..
Ihc inlornialion Bivcn in thc RcpDri or Ihc Iru51rcs for thc fir￿¢1&1 ycar for which Ihe financial Nioiements arc
prepared is con5151ent wilh the fillan¢ial stat¢m¢nls'
thc Report of thc Iru8icc% his bccn prcp&rtd ill accord&nrc wi¢h &pplicable IcBal ￿qUircMrntS.
P&8G 7

RT OFTHE INDEPENDEliT AUDITORS TO THE ME
EEPER 'HRISTIAN LIFE MINISTR
-MatterB on whlth we are reqylred w r¢port by ¢x¢¢pti•
In the light of Ihe knowledgc and undcrstsnding of Ihc chgrilablc compathy and its cnvironmeni obtained in Ihc course
oflhe audil. we have nol id¢ntitied material mi55ta*mtThts in lh¢ R¢porl ot'the trust¢¢s.
We have nothing lu retx>rt in tespeLI of the following rTrRlkTS where Ihe Companies ALI 2(X>6 requires us to report 10
you if, in our opinion..
adequatr aLLountin8 records h&ve not been kepi or reliiTns adequatr for OUT audit have nDt been ttccived rtom
branLhLS tiot VlSllL'd by us- or
thc fLnan¢ial ￿leMent$ ArL' nut in aKTeem<nt with the aLcuuTrlin¥ reLUTd% and reDJrns: or
certain di.gc108ure8 of truslL'es' ￿mUntra(10n spctified by law ftre noi rn￿c.. or
we hav¥ nol r¢¢iv¢d #ll th¢ iuforrnation And ¢xpl4Dation5 w¢ r¢quir¢ for our audil.
RcipnThJlbllltlei of trubtc¢
A.8 ¢xDlained morn. fully in Ihe Sthiemetti of trustees, resp)nsibilitie4 the irllsi¢e& (who We &18(J the directorR of ihe
charitable company for th¢ purw¥5 0fwmp#ny luwl gr¢ ￿sPunsIbl￿ fur Ihi pr¢paralitrn Trfthe financi41 ylalemcnls and
for bcing s&listied thai they aive a Itv¢ an¢J fdir VIL'W. fur xuch internlll conirThl 19 the tsijsiees d¢iennin¢ 18 n%￿S￿Y
lu en&hlc lh¢ prcpar&tio# of fioancial ￿tateMentS IhHI are fTee from mRlerial TlliS51ai¢mcnl, whcthrr duc lu ftalld nrerror.
In PTcp&rinB IhE fJnHncipl i14km¢nt5, the tTu¥k15 ar¢ T¢5ponsiblL fur w55e￿ing th¢ charitable company'j abilily iii
ontinuc BS & going concern. discln.8in8. as 8ppIiLobl¢. matt¢r8 rtlo*d io 8oin8 contem and u¥ing thc going con¢Lm
basis ol. ae¢thuniin¥ unl¢ss Iruskcs Either jtilend io liquidalc thc chirilghlc iompany or lo iyperaiioni or have
Tcali8tic a1￿MatIVC but to do ￿.
Pag¢

REPORT OF TIIE INDEPkNDENT AUDIi'OKS'fo 1'I1E MEMBERS OF
DTr-Tr:PER CIIRISTIAN LIFE MINISTRY
Oyr r¢¥pon¥rbilttie8 for the ADdit of Ihe ffinaneiil stitemtn
OUT objcctivcs llrc to obt&in reasonable A*%urdn¢e whcth¢r th¢ fJnHnLi&l slalemenls a5 a wholc arc Ir¢¢ from
ma*Tial Miss￿*￿enL whether due to Iraud or trror, and to issue a Resx)rl of the indepetidenl audilors Ihat ￿clUdeS Our
opininn. ReL$onahlc &ssurancc is ll high Icvcl of Bs5urBncc. bul is nol & guaranlLY IhBt on audil ¢onducied
ccordance with ISAS IIJKI will alway¥ d¢t¢Lt a m￿trIal missiar¢meni wh¢n it ¢xists.. Misslatemenls arise from
frttud or eTmr l￿d llrL' con5idcTcd m&tcrial if. individu&lly or in the aggrcgalc, Ihcy could ￿)￿nIblY bc exsxcicd
influence the economic deLi¥iOnS iak¢n the ba¥is of Ihese fin￿¢1￿1 biaiements.
Th¢ ¢Kl¢nl lo whikh our procedur¢5 ar¢ ¢apabl¢ ofd¢te¢ling irr¢8ularitie5, in¢ludill8 froud 15 ¢kknil¢d b¢low'.
A$ part ot'our plann1n￿ PTUieS8'.
W¥ LnyvirLd uf mano8¢m¢ni the $y%lem8 and ￿ntrOL￿ the ¢i>mpthy has in place, lh¢ areas fin4nLi#l lilalemenl%
Ihat Rrc iiiosily susceptible to Eh¢ ribk of I￿¢gulariticS fraud, and wh¢ih¢r thcrc wa8 any known, SII$pCL￿d or allL'ged
rrTrud.'fhL £h￿l￿￿1e company did nni inlomi us of Bny known, lu￿￿lled or alle&¢d frgud.
.W¢ obtllirKd an undeTsianding ofihL 1¢8ol and rc8ulai¢Jry fromcworks applicable ￿ lh¢ eharil•blL cnmpany.
.WL Lonsid¥rL,d ￿. itlLcNlives And opFx)rtuniiie% Ihal exist itt the ¢()mpany. incliidini ihe extsni uf muThu¥¢ment bi&
which prt4etti g wlcniiul for irrcguiMrili¢8 und frnud b¢ FryJclull*d, Hnd ￿lIOr4d our Ti5k us¥¢tssrn¢nl xccordin81y.
.lJ%ing QUT knawkd¥¢ vfthl fyomwy, til8Lth¥r wilh Ihi di¥Lusbiuns hLld wilh IIK. wmp#ny ¥1 thL pIHnnin8 xlagc. w¢
tormcd & wncluRion on Ihe rI￿k lif mixyLatL'mL'nl duL' ￿ irrLgulatiiiL'b itsLludin8 frnud and iail¢)fed our PVOULdU￿q
urdin¥ ￿ ihis ri&k ￿C%￿Men1.
As part ol. un audit ￿e0rd￿n￿e with 14A5 IUKI, wc LXLrcis¢ profL*sional judgemcnl and maintain profc8111)nal
5CePti¢i%m throughnui Ihc audit. WL also..
Identity and a&5ei% IhL' risks vl. mglLrial mi>silll¢m¢n¢ ul. lh¢ linanLial Slal¢TnrnlS. whrihL'r du¢ 10 Iraud or ¢rror,
dcsign und P¢Tform audit pr¢)￿durt.4 rc4wniiv¢ 11> ihosL risk4 llnd i)bthin audii cvi4J¢n¢¢ Ihal ib SUtTiii4ni ond
apprnpri*ie lo provide flir uur opiniiin. 'lTh¢ ri¥k uf nL)i ¢J¢l¢¢lin¥ y mMleri01 mis%ikiemeni icsulling fNim
rr4ud is highcr Ih4n for one resultin8 from etTor, Iraud may involve ¢Dllusion, lor8Cryi inlcnliunul vmlq%lon&
mi.irepre.%eniullllnS, vr IhL' vvctTidL iTrl'inlcrnal ￿￿￿trOl.
Obiain under8lRnding i>f inlLrn#l iuntrul rLILvani Iv IhL 4udit in 4)rdLr li? d<.4ign audit pr()ccduTL'Y ihal llrL'
appropriate im IhL' LifLumstHncc& bul nul fur thL' purpoyc uf cxprcxyin8 an opiniiin un ihc etTecliventBS uf th¢
chllrilahle Lo￿￿nY'Y inlLrn*l conlrol.
I,.valuaie the appmpri&tenLs8 iTrl' ULLounling ty)IiLiLS uscd ihL' rcHs(TrnllblcnL%8 I)f acc(*untbn8 e8tim#icB r¢l8lrd
di&ciusurL'S mlldc hy the truste¢%.
CoLiclud¢ on Ihc uppropri&i¢ncgs ol'ihe truslc¢8' Ii%e ot'ihe 8oin8 cnttcern b4si$ ofttc¢ouniing ttnd, ha%cd on Ihe Bvdil
LvidL'nL¥ ￿b￿l￿¥d, wh¢th¢r a mat¢¥i81 unc¢rtziniy ¢xi5t8 Irlalf d Ip ¢v¢nts or ¢onditlLia¥ ihot moy LH51 8i8nilicanl
doubl frn the ch8fiillblc ¢ompany'% ttbilily lo coniiiiuc a5 o goirt8 wn¢ern. If Luhcludr that o mulerial un¢cduinty
cxiyl% we &rE requiTed lih dr4w Hlt¢nliun in (JUF Rcp()rl vf lh¢ ind¢pLnd¢nl lludili)r¥ kn the related di5cloyurL'5 in Ihe
rinan¢i81 ststemenis or, if such disclo5ureE arc InadCqu￿tc, l(> modify Dur opinion. ()ur LTrn¢lusions baBLd on th
sudit ¢vid¢n¢¢ vbi#in¢d up io Ihe d41¢ uf our R¢5Xirt ot. Ihe ind¢rKnd¢nl 4udiiors. Htyw¢v¢r, fulure cvcniy or
¢ondilions mthy lau￿ Ihe charitoble tompany'$ to c¢a% ￿ ¢Dntinuc &¥ 1 8oin8 cnncern.
Evalualc Ihc nvcrllll prcsL'nilllion, %lruclur£ snd conlenl Dl. Ihc tinancial s￿Lements, including Ihc di.¥clts8urcs. and
wheiher the finBncid SlRtcmcnlS rEprc8CThI thc undcrfyiny lrnnsaclions and cvcnis in a mAnntr ihal a¢hicvcs fair
prcscnlalion.
We rommuniuitr wilh Iho5c ¢h&rg¢d wilh govcrn4n¢c r¢Bardingy Fmpng othcr tnittcTS, t￿ pl•nn¢d 5Gop¢ ind timing of
thL uudil and si￿nIfI￿￿nI audii findings, in¢ludillg any significllnt thfiLicTLcies in inkrnll tonir()I Ihthi WL idl'niify durillg
our 4udit.
Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
DEEPER CHRISTIAN LIFE MINISTRY
Use of our report
Thi4 rcport 18 mad¢ solely to tho charitablc companvs members, as a b(￿dy. it) accordance with Chaptcr 3 of Part 16 of
thc Companics Acl 2006. Our audit work has been undertaken so that we might stale to the charitable company's
memkr5 those matlers wc arc rcquired to state to them in an auditors, report and for no other purpos¢. To thc fullc%t
extent permittcd by law, we do not accept or assume Tesponsibility to anyone other than the charitable company and th¢
charitable compan15 members as a txmly, for our audit work. for this report, or for thc opinions we have formed.
Mr E￿neZer Oklli, {BSc). FCCA (Scnior Statutory Auditor)
for and on behalf of L¢roy R¢iJ & Co
Charicred Certili¢d Accountants
and Statutory Audilors
299 NoTthborough Road
Norbury
London
SW164TR
19th Seplembcr 2024
Page 10

DEEPER
HRISTIAN LIFE MINISTRY
FOR TIIF. YEAR F.NDF.D 31ST r)F,CTr.MBER 2023
2023
2022
Total
UnMtrlrt¢d
ruAd
ReJtrl¢ted
funds
fund¥
Notei
INC.QMF ANfJ F.NDUWM>:NTS FRUM
Donalions and legacies
3,104,411
1,664.344
5.468.775
3.827.592
Chwrltable •ctlvltlei
Church
97.938
97,931
139.4¥1
InveMm¢ni income
Other inLOm¢
186,827
114857
1¥6,H27
114 857
118052
Total
4.204 053
1664 344
5 8611397
4 226 230
EXPF.NDITIIRE ON
LhAri¢abl¢ Attivitiei
ChurLh
3 151585
178H 642
4 940 227
2 (J52 863
N¥¢ RAIn￿lI￿￿$) un inv¢simrnlS
2501
Nb,T INC.UMFI{FXPF.NDITURF.I
1.051.2111
1124.29RI
926.920
,273,367
RF.C.ONCII,IATlnN OF FIINDS
'roi81 lunds. bruubiht forward
15.947.915
238,726
16,116,(Al
14,YlJ.274
TOTAL FUNDS C.ARRIED FORWARD
16999 133
11442%
'The no￿5 fortn p8rt ofthese finan¢iaI 5tLtements
P4g¢ 11

EN
TDE
2023
2022
N•t
FIXED A&SKTS
T*tt8ible
XnveknD
IU21,011
11,863,669
59 313 ￿63
12
I23￿.914
11,924232
13
293.379
4 594456
323,763
3 975 294
C*th it bknkAnd ID hthd
4,887,835
4299￿5?
CREDrroRS
Amount8 f&U"Ln8 within onoyelr
14
(35,198)
(J6,6481
NET CURRKYf ASSM
4 832 037
4 262 409
LIABII,ITIF
17,113,561
11186.641
NET AS8rf8
10 186041
FUNDS
16
tkn
Re41rith1 fvnds..
Building Fund
)&999,133
15.947,915
114428
2J8 726
TOTAL FUNDS
16 186641
The fin8n¢iol s¢aivrD¢nlu wor¢ OPPToved by the Board of 7kn 4nd luthun.8￿ for ioM¥J on
I ql.o.q.1.3oi%Y... and were ii8ned Ofh its behalf by..
M M AkinMfty*- Tnwtec
S P Akow¢-Tru4t¢¢
The form part of thcs¢ finllnwl stytrmcnts
Pa8e l2

TATEMENT F CASH FLOWS
R TIIE
BF.R 2
21123
2022
Not
Ci*h from OPEr*tlTh% *¢tlwlil¢
Losh gLnLrtttcd frvm opcraliuns
12¥1458
1.448.367
Net cash prDvidcd by op¢ratin8 a¢liv¢li¢¥
1281 458
l 448 367
Cash lluws from iThvo*tinK attiviti¢i
P￿rCh￿ ol'lan&ibl¢ fixLd w¢1$
Sale of f¢xed in￿5¢￿￿niS
Rtwaluaiio
{675,8241
11.250)
1.250
1149.798)
Nel cayh uKd in invextill8 aclivitics
662 2961
147 5571
repaytn¢nts in y¢ur
855 120
N¢1 i#8h providld byMu5cd inl fbn4n¢in& activilie5
1155 1201
C.hAn%t in cllxh cwih ¢qyiv*leTrli i
tht reportlni perlDd
L•ih Ind gquivul¢DtJ at Ihe
bry5nnlnR ￿f the rcportlng prriod
619,162
445.69)
3 975 294
3 529 604
C•ih ind tqulvAlenli Il ikt end of
thc repDrting pcrlod
4 594 456
3 973 294
Thc w¢¢s fo￿ part of thexe finllnGi418talemenLs
P&gc 13

THE
TATEMENT
F CASH FLOWS
BF.R
REC.ONC.ILIATtON OF NET INC.OME TO C.ASJI FLOW FROM OPFRATINC.
AcfiviTIES
2023
2022
N¢¢ iDcomt for the reporling peviod ptr the lit*ttm¢nl of fin4n¢ial
Attfvltlesl
Adju¥lm¢41i for..
epreciaiion charges
LtK%s¢s nn inv¢stmeotN
Jnterest fL'LL'IVLd
Dr¢Tc&4el{incrcaK) in debtors
InLrea¥elldecre8sel in tteditors
926,920
1,273,367
317,881
1.250
113.5281
30.334
208,533
122411
129,2171
Net tsih provlded by operAtloni
1.281.458
1.448 367
ANALYSIS OW LHANGF.14 IN NfT FUND?*
At 1.1.23
CAih flavi
Ai 31.12.23
Ncl caih
C&8h ot bank lln¢J in hand
3 975 294
619 162
4 3Y4 436
3 Y7J 294
619 162
4 $94 436
Total
3 975 294
619 162
4 5Y4 456
The notrs form pllrt ot'thes¢ fjnancial *atemenls
P￿￿ 14

NOTES TO IHk FINANCIAL STATEMEYTS
F. VF.
'F.MH￿.R 2
87'ATUTURY INbORMA TION
r)ccrKr Chrislian Lite Minislry 1% a privat¢ limited company limitL'd by guaraThlee withoul yhaTC C&Pilal.
r¥¥ist¢r¢d iTh England and Wales. The cvmpany's registrr¢d number is 08134602 and li¥ r¢gislw¢d addrcss is
I'rnnsfornialion I]￿ll￿e, %1 John's Tlill. L1&ph￿ )￿n¢(lOn. l.ondon 8WI I IAD.
Thc compmy is a Tcgiswrcd charity with th¢ following Tcgulators..
Th¢ Charity Commi%%ioll in Ejgland and Wal¢% with charity numhcr I15O1I36 v￿d¢r its Jtov¢iThin% doctsmeni.
lh¢ memor8nthLm 8nd articles irtcvrwra*d on th¥ 9th July 2012. The thariry opera*s 8s a church throughllut
I':nKland and Walc%.
I'hc orri¢c ofscolli$h Charty Regulator in ScoilAnd with ¢lwrity numh¢r SC1I40fi73 on ih¢ 171kn July 2009. The
charliy ￿￿￿1¢$ in S¢oiland. I:,ngland and Wales 8nd overse&s.
ALLOIINTtNCI POLICI
BA.SIS OTr PRTr:PARING THI: blNANC.IAL STATTr.MTr:NTS
Thc linBnci&l yt&lemcnis' of t￿. LharithblL cvmpany, whi¢h ib & publi¢ b¢n¢fil cntity under FR8 102. hllvL bLcn
prLw¥d in 4¢Lurd4n¢e with ihe Cli￿111¢% SORP (FR$ 1021 'Accounling And Repunill8 by Ch¥riii&s.' SlJl<menl
uf Rcrommended Praclice uppliL'&hlc lo Lhuritiis prLp#rin¥ thLir &cLI?unL$ in accordance wilh IhL l.'inJnLiuI
R¥punin¥ Siind#rd applitabl¢ in the IIK and Repllbli¢ of Ireland IFRS 1021 liffLLiiVL l January 2019),,
FinBn¢¢al RLIM)riin￿ Slundllrd 102 Y'hc binancial Re￿r11Th￿ ststsdllrd ￿pIlLabIC in the IJK and Republic or
Irelund, #nJ IhL C'.Jmp#tti&s ALI 2006. The linan¢ial 5L4temeni8 huvc b¢Ln prLp4rL¢J undLr th¢ hi$Eoricil w51
LiinvLnliun. with IhL' L'xceptlDn ot. invcJlrnenl% which Rrc iThcluded Bl muykLI YaluL. lls miidified by the
v&luBlion of£crt4in 45KI%.
IN(.'OMb:
All iniomc is rccognisLd in the Ststemetti orringneial AL'liviiie% nnce the ch8rity has eniillcmctst L(> lh¢ funds, it
is pmh8hl¢ Ihlll the inwm¢ will k r￿tIv¢￿ and th¢ ami>unl bc m¢A¥urcd tcliably.
Tr.XVTr".NI>ITIIRb,
T.ixbiliiiL8 urc rccogni%ed as expendiiurc 8% %0(>n ￿ there IB 8 1¢8ol or constsuclivc obli&Hiivn iommillin¥ the
ch4rity lu Ihal LXPL'ndiluTC, il is probRble Ihal a IrBniler ot'ecThnotnic hencfils will rL'4uifL'd in.%eiilemeni 8nd
IhL #mL>unl of thL obli¥ulion Con be measured r¢liably. F.xpendilure is ￿0￿n￿d for un ￿ u¥¥ruu15 bugl4 gnd hlq
Ixen ¢la¥%ifiL'd undL'r hL'dding¥ thul A88TC8Rte 811 cu%1 relgtLd lo thc Liilcgury. WhL'fL' LIXqI8 cannot h¢ dirccily
Ilrihuled kn particular headin¥s thLy li&v¥ bL%n yllu¥uK.d w ￿liVi11lb un A ¢onsistenL Witli Ui¢ u¥i of
rtwurceq.
TANGIIII.F, FIXF,n ASSETS
r)Ep￿claI10n 15 provid¢d at the followinu annual rnlcs in ordcT 10 off <￿h ovu 115 ￿1￿11¢￿ wcful
l.and ￿ buildin&
Planl 4nd machillEry
MiJtsiT wchi¢lcs
In a¢¢urdan¢¢ with lh¢ prop¢riy
33% on ¥i)5t
25% on cDst
I'AXATION
The chrtrily is excmpi from ¢orpoYation t•¥ on its churltable Hotivltl¢5.
FUND AC.C.OUNTINC.
lJnre51ri¢ied funds can bc uscd in &ccordancc with Ihc £haril&blc objcctivcs il Ihe di.icrelion of the trusiecs.
Rcstricicd funds can only be fthr particular reslri¢led purpo8es within the objccls of ihc charity.
Resiricliuns arise when SPEcified by th¢ dvnur or wh¢n fund5 ￿e rai￿￿ for pgrticularTg¥lricl¥d purpus¥s.
Further expla￿11￿￿ of the nlllurc and purwK of eRL'h fvnd is included in the Dotcs lo th¢ tlttthcidl 51aiem¢hts.
Page IS
conlinucd..

Tl
FOR THF. YF.AR F.NDF,D Jlst DECEMBF.R 202
DONATIQNS AYD I,F.GACIF.S
2013
2022
Tithe8 and DtrerirLgS
Gift aid
Gb88ida HQ Offerings
3,878.646
136.518
453611
3.527,571
2115.¥52
5 468 775
3 827 592
INVESTMV.NT INC.OMF.
20
21122
R¢nt¥ r¢L¢iv¢d
r)¢posii actthunl irti¢re$t
173,299
13¥.364
1116 827
INC:OME FRQM CHARII'ABI.F. ACTIVITIF.S
2023
1022
Activlty
ChurLh
Rwks and Cd5 slllc5
CtsnfLrLnLe Ind reireal
incomc
94.059
97,744
ChurLh
C.FIARIT Afii,F. AC.TIVITIE8 CO.8T
Dlretl
C.'oiti Ixet
no¢¢ 71
Church
4 94fj 227
DIRF.CT COSTS OF C.IIARITABLE AC.TtVlTIF
2023
2022
Trus¢e¢l rcmun¢rilion ¢1¢
Siaff Lo%
'rcl¢phone
P￿(88¢ and gtstion¢ry
Adverti.ginE and Iraris
ChurLh r¢fre%hment5
Mi$sivns, grants & donaiions
SU￿1111¥ Church eXp¢ll￿$
fjb&gada HQ cost
PnTrpL'rtjE5 and IRcililie5 W$¢
Confcrcllces and relreals
Buoks Rnd CD'S ¢xp¢nb¢¥
Other ex￿￿￿eS
Y2,Ill5
270,533
63,513
18,350
,Z96
84,252
28U,796
85,864
1.453.611
615.446
493.374
16.445
43.61)5
414.852
195972
HI,964
256.912
40,569
13,436
66,351
49,9
224,841
300.060
454,601
201.OV6
48,720
26,128
390.315
226 36R
Regional expen5¢S
CwTi¢d fotward
4.l37,2l4
2,512.518
Page 16
cotrtinucd...

NOTE. T THKFI
AN
IAL
TATkMLNT
ENDED 31$
- coll￿nUtd
DIREC.T C.OST.S QF C.IIARTTABI,F. ArriviTIFS- to•tinued
2023
2021
Brought fonv8rd
SU￿.ripll0ll
WelfaTe, Training and coll￿*
Trnn5PiIrt and ira¥cl
hudil fees
Lcgal and profes8ifjnal feci
Bartk ch￿81'S & intcry
quipmenl hirc
Ikprecihtion
4.137.214
6.36A
.430
399,314
31,912
12,036
15.563
18,439
317881
2.512.511
5.425
16.336
24,000
23,913
41.127
9,459
208 533
4 940 227
2 952 863
NTr:I' INCOMP.IITr:XPTr:NDII'URL)
NL'I inLtsmcllBxpchdiiur£l li 8iat£d Aflet chAtKln8llcTedltln81'.
2023
2022
Depreciation. uwnL'd as8¢
317882
2118 534
ThIISTEL%' Rb,MVNF,RATION AND HTr-f4F.FITS
2023
1012
T￿￿e%, 4alllTLeB
Tt￿Ate¢￿' si>¥iHI ￿'¢ur11Y
TrusiiL$' p¥n$ivn wnIrib￿¢I0￿$ lo drlinrd brn¢fJl s¢h¢m¢¥
82.186
.131
73,136
7,864
944
10.
TAFF COSTS
2023
zozl
W￿£.¥ 5&1llrics
ncial fccurity LOSt4
(hher pethgiun wsig
335.51)3
20,565
312,75U
19.880
362 638
338 876
Silifcosts noted ibove intludes Trustrtg RenurnetAtion reported in Nots.
The JLvew¢ monihly nUm￿rOr employees durlrtg the y¢Af w#s AS follows..
2023
2022
DiTcGI charitsblc
Manllg<meni ATLd admiThi5traLiort
There We￿ no emph)yee8 whose Anttual remunerntiott w8S£60.0￿ or more.
Pa8c 17
continu¢d...

DLLPLR CHRISTIAN LIFE MJNISTRY
NOTF.S TO THE FINANCIAL STATEMENTS- ¢ontiny¢d
FOR THF YF.AR ENDED 31ST T)F.CTr",MIIF,R 2023
TANCIRI.F. TrVXF.D ASSF.-fS
Land And
buildingj
PIAnt Ind
m&chi#ery
Modor
Totsli
COST
Ai Isl January 2023
Additions
Dispo￿1¥
13.809,477
402.600
1,776,484
S5,094
319,051
21%.070
162001
15,905.012
675.824
162001
Ai 3151 December 2023
14212.137
1 ¥31,578
520 921
16.564 63(>
DEPREC.IATION
Ai 18tJanu8ry 2023
Charge lor ye&r
l.'liminwted diApos&l
2230.129
146.940
1,570,953
132.715
240.261
38.227
4.041.343
317,8&1
116.2(X)I
At 3181 tkcemkr 2Q23
2 377.069
1703 668
262.288
4,343 025
NET BnnK VALIIE
AI 3 INI tkcember 2023
11835068
127910
258 633
Ai 3181 T)ecember 2022
11379 748
205531
11.163 669
12.
Ixb D ASSLI. JNVTr:SI-MTr.NI'S
Lbied
InveiimeDt¥
MARKb.T VALUE
At 151 Janu4ry 2023
Rcvalualio
80.058
At 31¥1 Tk¢cmbLr 2023
PROVISIONS
Ai 151 J#nu4ry 2023
Pvovi¥ion foTyear
19,495
At 3151 De¢ember 2023
Nb.T BOOK VAI,UF
At 31yi Dg¢¥mbLr 2023
Ai 3 Isi T)¢cembet 2022
Theye We￿ no investment aMeL8 outside the TIK.
Losi orv*lualion 4131sl t)cc¢mb¢r 2023 18 fcpvcF*nkd by..
l.iJted
Invtilm¢nt¥
Vllluation in O
Co81
3,759
Page 18
oniinuL'&.

EPER CIIRISTI
MENT
FOR THE VF.AR ENDF,D 31ST DEC.EMBER 2
nutd
13.
DEBTORS.. AMOIINTS FALLINC. DIJE WtTIIIN ONF. YF,AR
2023
2022
Oih¢r r¢¢¢ivHb1¢5
Siaff loan
p￿￿aYments and a￿U¢d inc4Jme
250
19.A(M)
273 329
250
17.459
293 379
323 763
14.
C.RF,DITORlb.' AMOIINT.S FAI,LINCI DIIE WITIIIN ONF, YF.AR
21123
2022
S￿1￿1 ￿(￿rily and pth¢r tsx¢$
Accnjals and deferred income
6,236
36.648
36.648
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2•23
Total
nd¥
2022
Total
funds
UTreitrl¢ttd
fund
Reilrk.tcd
rundj
I'-ix¢d
Invrstsnrnls
Cuwrcnt
Luty¢ni liabiliiiL'ts
11,863.669
&0.563
4,299,U57
36.64R
59.313
4,773,407
59,313
4.887.835
55 1911
114,428
16999 133
114428
16.
MOVEMEN[ IN FIJNDS
N¢¢
ov¢mcTht
In funds
Ai
31.12.23
Al 1.1.23
fund
15.947.915
16,Y99,133
R¢nlrl¢t¢d fund*
Buildirtg I'und
238.726
1124.298)
14,428
TOTAL FUNDS
16 186641
926 920
Pagc 19
¢ontinwd...

DEEPER CHRISTIAN LIFE MINISTRY
N(
Al
.1'ATb.M￿.NT5- conlifiued
FOR TIIE YV.AR F.NDED 31ST DEC.EMBF.R 2023
16.
MOVEMENT IN FUNT)S- ¢ontinutd
Nel movcment in fund% includ¢d in thc alx)ve aTC as follows..
Incomlng
rtiOUTce
Resotyreei
txpendtd
CT*IAJ And
Movtmtml
In fumds
un￿51rItteJ fuThdi
Genero1 fund
4,204.053
(1,250)
1.051.218
Rejtrlcted fthndb
Ruildin8 Fund
RestriLtcd bunds
210.73.1
1453611
1335.U311
453 6111
Il24,2911
664 344
1788 6421
124298
TOTAI. Tr-UNDS
5 #68.397
4 Y40 2271 al￿250)
926.920
Comp•rAtlwei for muvtment Ih
Net
mov*mtnt
fundi
At
31.12J2
AtJ.121
Ilhr¢ilrl¢¢¢d
Cicncral fund
14.686.435
1,261.4¥U
15.947,915
Reilrl¢ied fuThdi
Ruildin¥ l-.und
226.B39
11,887
238,726
TOTAL FUND8
14913274
l 273 167
16 116641
Compllrativc n¢1 move*rtnl in futtds. included ITh th¢ Jbov¢ llT¢ ￿ follows..
Re*ourteg
cxpend¢d
Movemtnl
ruourc
Untt5trltttd f¥•d$
ticneral fund
4.149,857
{2.888,377)
1.261,480
Remtrlfted fvndi
BuildinJ4 bund
76,373
164,486)
11,887
TOTAL FUNDS
4 226 230
2 952 803)
273 367
P88c 20
oThtinucd..

EEPER CHRISTIAN LIFE MI
AL
TEMENTS- ton
FUR THF YF.AR F.NfJED 31ST DEC.EMBE
inued
17.
RFI.ATF.D PARTY DISClnSURES
Gbag*da Building Pmlttt
T)urin8 the year the thtrity r2i8ed olTerin8% th SllPPDrt the building pn)j¢ei king undcrt&cD al thc H¢od
Quarters in Gb8gad4 Lagtb4 Nigeria. The total OITerin￿ Hs Rl thE yeafvend was £1.192,838 12022 . £14,1(Tr91,
part ot'which ￿me Ir()m overseft8 Ministries.
The ¢x￿￿dI￿re for materia18 PIITchased for the year review wa5 £1,453,6I I 12022 - £300,060). The
l..xc¢&s ¢xp¢nditur¢ 01. £2(￿,772 was pwd by De¢￿T Chrisllan l.if¢ Miniary. No balaTrLY of Hcad Quu11er
uffL'rin¥8 hcld year cnd in both currcnl prcvious yi'aT.
F¥fttrRI c￿1*
uneral costs were paid furonc vftk. Iru¥tett relaiiuns who died in the year und¢r review.
Pag¢ll

Tl
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
OR THF YTr:AR F.NDFn
T l)b. 'F.MRF.R 2
2023
2022
INLOMb.' AND LNDOWMbNTS
DDnL¢ioThi #nd l¢gwci¢
Tithes and uif¢rin8¥
Gitl yid
Gba8ada IIQ Ollerin85
3.878,646
136.518
453 611
3.527,571
2115,152
5.46&775
3.827.592
Invtitmtmi Ineome
Rcnl$ ￿rgiV¢d
Dtposit *c¢ount iniert81
173.299
13¥.864
186,127
Charltabjt aeilvltl
okx 4nd Cd'5 salcs
ConlercnLL Ind r4'iNYI inwm
94,059
Y7.744
97,938
139.4¥1
Other Income
Uihcr in¢iim
114R57
118052
TotAI lll¢umlTh8 r¢•oyrcei
5,861397
4,221230
XPLIYDITIIR&
Chgrltable Atllvllk*
Trus￿L5, salaries
Tru¥l¢cs' s(>cial 8e¢urity
Tru%leei' r￿￿510￿ wnlribulions
Wagcs
82,IR6
¥.831
73,156
7.864
944
239,594
12.U16
S.302
4U,569
11,436
66,351
49.990
224.841
131,257
300,060
25J.317
5,482
63.513
18.550
,296
84.252
2#0.796
85,164
TtlephvhL
Postage Bnd stslioncry
Ad¥erti8in¥ and ItllLts
Church refre%hrn¢nl8
Missions, grants & d•naiions
s￿ellite church exp¢nK¥
Gbagudo IIQ Gost
proprrtj¢￿ Hnd fllcililics wsl
LonfcTcnces Bnd relrcats
Tjvuks Jnd CDS ¢xp¢n8PS
other expcnscs
Service char8¢S
Rcgional ¢xpense8
Sub¥'¢ripti4)ns
Carried forward
11
615,446
493.374
16,445
43,605
414,852
IY5,972
6,368
4.143.582
454,601
201,006
48,720
26,128
390,313
226.368
5,425
1517.943
'rht8 dots not foTm of th¢ sla¢utory fJn8nci415tal¢rn¢nt5
Pagc 22

Tr:EPER C:IIRI.
'Ki'
DET
F.MF.NT
F FINA￿,
R Tllb. I'b.AR b.Yl)FI) 31ST I)F.C'.Tr*LMH&.112O23
2023
2•22
Cthllril*ble xttlvltlta
Brokn8hi forward
WcifRrL'. frainin8 and cour*s
Tr￿sport artd tr4v¢l
Audit fees
LLgal and prof¢8sional fee5
Batth chor8¥¥ & inlcr¢81
EguipmL'ni htre
DEpT¢¢iation ot'iangibk fLx¢d 4$8¢ts
4,143,582
1.430
399,384
2,517,943
16.336
111,552
24.OtKI
23.913
41.127
9.459
208 533
12,036
15.563
18,439
317 8¥1
4 940 227
2 932 863
Totsl r¢aources cxpth(kd
4 940 227
2 952 863
Net Intomt btf•r• 8Aittb Ind loilu
928,170
1,273,367
Rtill•ed ¥ilThi and
Rc&liged 8N1n￿(lO￿le8I on fix¢d a&qet irtV¢s¢rtLen¢&
926 92
273.367
ThlN page does not form P&rt of tk statutory finan¢iil statcmcnts
P&Kc 23