Rivers of Life
Financial Statements
for the year ended
31 March 2024

Rivers of Life
Financial Statements for the year ended 31 March 2024
Contents
Page
Reference and administrative details
213
Trustees report
Independent examiner's report
Statement of financial activities
Balance sheet
718
Notes to the financial statements

Rivers of Life
Financial Statements for the year ended 31 March 2024
Reference and administrative details
Charity name
Rivers of Life
Charity registration number
1157081
Governing instrument
Declaration of Trust dated l April 20] 4
Trustees
Robert Marshall
Carolyn Will(es
Dawn Harris
Secretary to the Trustees
Rev D Dacre
Trust objectives
a) the advancement of the Christian faith.
b) the relief of persons who are in conditions of need,
hardship or distress or who are aged or sick.
) the provision of instruction in the Christian faith at
any educational establishinent.
Principal address
6 Tidswell Street
Heckmondwike
WF16 OEB
Bankers
Vii'gin Money
l The Penny Hill Centre
Church street
Hunslet
Leeds
LSIO 2AP
Independent examiner
Glenis Parker
16 Heath Avenue
Halifax
HX3 OEA
Page 1

Rivers of Life
Finaneigdl Statements for the year ended 31 March 2024
Report of the Trustees
The Trustees present their Report and Financial Statements for the year ended 31 March 2024.
Structure? governance and management
Rivers of Life was constituted by a Dec)aration of Trust dated l April 2014.
The objectives of the Charity are:.
a) The advancement of the Christian faith.
b) The relief of persons who are in conditions of need, hardship or distress, or who are aged or sick.
c) The provision of instruction in the Christian faith at any educational establishment.
Trustees
The Trustees who served during the year were:_
Robert Marshall
Carolyn Wilkes
Dawn Harris
Any person being a rnember of the Church who accepts the Statement of Doctrines of the Church. may be
appointed to the Trusteeship by the recognised spiritual leaders of the Church.
Any new Trustee is given an introduction to the work of the Charity by the Secretary of the Trustees and
given a copy of the Charity Cominission guidelines CC3a and CCI O, together with an explanation of the
role of a Trustee.
The Trustees have reviewed the adequacy of the Charity's current internal coiitrols and are confidcnt
that these controls conform with guidelines issued by the Charity Commission.
Trustees responsibilities
Charity law requires the Trustees lo prepare financial statements for each financial year which gives a
true and fair view of the state of affairs of the Charily and of its financial activities for that period.
In preparing those financial statements the Trustees are required to:
a) select suitable accounting policies and apply them consistently.
b) make judgements and estimates that are reasonable and prudent;
c) state whether the policies adopted are in accordance with the charities SORP and with applicable
accounting standards, subject to any material departures disclosed and explained in the financial
statements;
d) prepare the financial statements on the going concern basis unless it is inappropriate to assume the
Charity will continue operating.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the Charity and to enable them to ensure that the financial
statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of
the Charity and hence for taking reasonable steps for the prevention of fraud or other irregularities.
Page 2

Rivers of Life
Financial Statements for the year ended 31 March 2024
Report of the Trustees (continued)
Reserves policy
The Trustees have reviewed the Charity's needs for reserves in line with the guidance issued by the
Charity Commission and corAsider it prudent that unrestricted reserves should be sufficient to avoid the
necessity to realise fixed assets. The Trustees are confident that future income will enable the Charity
to meet its foreseeable needs on the basis of planned activity.
Review of progress and achievements
Rivers of Life donated £17,821, over 47 % of the annual total income to national and international
Christian works - El Shaddai Orphanage; Water for Africa. Christian Faith Ministries Zimbabwe. Christ for
all Nations (CFAN). Eurovision; God TV and Shake the Nations, along with various local ministries and
charitable organisations.
Rivers of Life Church has regular weekly prayer. home-group and church meetings. Street outreach
occurred weeldy with accounts of physical and spiritual healing.
Rivers of Life has a positive commitment to oppose all foms of discrimination within the Charity and its
beneficiaries, working towards promoting equality for all, irrespective of race, colour, nationality, religion,
gender, class and age, in accordance with the Christian belief in the Bible as the word of God.
Ful I details of the financial transactions are contained in the attached accounts.
Public benefit
When planning activities the Trustees have considered the Commission's guidance on public benefit and,
in particular. the specific guidance on Charities for the advancement of religion. In particular, the
Trustees try to enable ordinary people to live out their faith as part of the coinmunity through:
a) worship and prayer, learning about the Gospel and developing their knowledge and trust in Jesus"
b) provision of pastoral care for people living in the community.
c) missionary and outreach work.
Risk management
The Trustees give consideration to the jnajor risks to which the Charity is exposed and systems which
are designed to mitigate those risks on an ongoing basis.
Signed on behalf of the Trustees on 5th January 2025
Rev D Dacre
Secretary to the Trustees
Page 3

Rivers of Life
Financial Statements for the year ended 31 March 2024
Independent Examiner's Report
to the Trustees of Rhema Faith Ministries
I report on the Accounts of the Trust for the year ended 31 March 2024 which are set out on pages
5t08.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts.
The cliarity's trustees consider that an audit is not required for this year under section 144(2) of the
Charities Act 2011 (the 201 l Act) and tliat an independent examination is needed.
It is my responsibility to:
a) examine the accounts under section 145 of the 2011 Act
b) to follow the procedures laid down in the general Directions given by Ihe coinmission under
section 145 (5) (b) of the 201 l Act
c) to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the 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
uiiusual iteins or disclosures in tlie accounts, and seeking explanations from you as 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 and fair view,
the report is limited to those matters set out in the next statement.
Independent examiner's statement
In connection with my examination, no matter has come to my attention;
l ) which gives rne reasonable cause to believe that in any material respect the requireinents:
a) to keep accounting records in accordance with Section 130 of the 201 l Act and
b) to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the 201 l Act
have not been met or
2) to which. in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Glenis Parker
Independent Examiner
Dated 5th January 2025
Page 4

Rivers of Life
Statement of Finallcxal Activities for the year ended 31 March 2024
Total
Funds
2024
Total
bunds
2023
note ITnrcstricted
Funds
R¢strict¢d
Incoming resources
Voluntary income
Investment income
39.209
39,209
29,946
Total incoming resources
39,209
39,209
29,946
Resources expended
Costs of charitable activities
Governance costs
Other resources expended
31,309
31.309
30.541
93
93
123
Total resources expended
31,402
31,402
30,664
Net incomingl outgoing resources for the year
7,807
7,807
-718
Gross transfers between funds
Net movement in funds in the financial year
7,807
7,807
-718
Total funds brought forward
7,374
7,374
8,092
Total funds carried forward
15,181
15,181
7,374
Page 5

Rivers of Life
Balance Sheet 31 Mi arch 2024
'rotal
Funds
2024
Total
Funds
2023
note Unrestricted
14unds
Restricted
Funds
Fixed assets
Tangible assets
279
372
279
Current Assets
Debtors
(Amounts due within one year)
Cash at bank and in hand
3,141
11,761
3,141
11,761
1,089
5,913
14,902
14,902
7,002
Total assets
15,181
15,181
7,374
Less Current liabilities
Creditors
(amounts due within one year)
15,181
7,374
Net Assets
15,181
Reserves
Balances brought forward
Net incoming] outgoing resources for year
Transfers between funds
7,374
7,807
7,374
7.807
8,092
-718
7,374
Balances carried forwArd
15,181
15,181
These financial statements were approved by the trustees on 5 January 2025
Robert Marshall
Carolyn Wilkes
Daivn Harris
Page 6

Rivers of Life
Financial Statements for the year ended 31 March 2024
Notes to the Aecounts
l Accounting policies
Basis of preparation
The fmancial statements have been prepared in accordance with applicable accounting standards and
Charities Statement of Recommended Practice (SORP 2005).
Fund aceounting policy
Unrestricted income funds are general funds that are available for use at the trustees, discretion in
furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area for specific purposed, the use of which is
restricted to that area or purpose.
Incoming resources
Income from donations and gifts is brought into account only when the income is actually received.
Resources expended
Liabilities are recognised as soon as there is a legal obligation committing the charity to the expenditure.
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category.
Costs of generating funds are the costs associated with altracting voluntary income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and
services for its beneficiaries. It includes both costs tliat can be allocated directly to such activities and
those costs of an indirect nature necessary to support them.
Governance costs
Governance costs include cosls of the preparation and examination of statutory accounts, the costs of
trustees meetings and the cost of any legal advice to trustees on governance or constitutional
matters.
Depreciation
Depreciation is calculated to write down the cost of fixed assets over their expected useful lives and is
therefore provided on the following basis:
Fixtures, fittings and equipment
25 % on the written down value
Page 7

Rivers of Life
Financial Statements for the year ended 31 March 2024
Notes to the accounts
2024
2023
2 Staff costs
Ministry support
Average number of ernployees
5,408
5,728
2024
2023
3 llldependent examiner
Fee
4 Schedule of Tangible Assets
Unrestricted Funds
Fixtures
& equip
Total
2024
Total
2023
Cost
Brought forward
Additions
Disposals
861
206
1,067
1,067
1,067
1,067
1,067
Depreciation
Brought forward
Charge for year
On disposal
695
93
695
93
572
123
788
788
695
Written down value
At 31 March 2024
At 31 March 2023
279
279
372
2024
2023
S Debtors (amounts due WAthin one year)
Income tax recoverable
3,142
1,089
2024
2023
6 Creditors (amounts due within one year)
Accruals
7 Transactions with trustees
None of the trustees received fees or expenses during the year
(2023
nil)
Page 8