Iglesia Evangelica Interlondres
Report and Accounts Year ended 31 March 2025
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
IGLESIA EVANGELICA INTERLONDRES
LEGAL & ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2025
ADDRESS FOR CORRESPONDENCE 42 The Sidings Apartments Pier Road LONDON E16 2FH GOVERNING DOCUMENT CIO - Foundation registered 27 May 2014 CHARITY REGISTRATION NUMBER 1157200 TRUSTEES RESPONSIBLE FOR Patrick Joseph Appleton (resigned 9 October 2024) MANAGING THE CHARITY Arleen Juliett Jacome Arevalo Alexandra Arango Restrepo Brad Anthony Espinoza Ortiz (appointed 1 May 2024) BANKERS HSBC Bank 118 High Street North, London E6 2HX INDEPENDENT EXAMINER Lisa Darby FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB INDEX Page 1 Legal & Administrative Details Pages 2 - 4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8 - 9 Notes to the Accounts
Page 1
IGLESIA EVANGELICA INTERLONDRES
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 March 2025
Objects of the charity
Objectives during the past year remained to enhance activities of the CIO, for the benefit of our community, through the Christian faith among the Latin American congregation in London and broader community in accordance with the articles of beliefs as set out in our website, to glorify God through messages of an evangelistic and teaching nature, encouraging bible studies and the provision of teaching scripts; holding prayer meetings, developing fellowship, pastoral care and visits to those at home, in hospital, together with guidance counselling for all in need, and to spread our testimony in fulfilling all of our life activities.
We’ve continued to provide translation services for English speaking members of the congregation. Working with our bi-lingual members to provide accurate translation. We’ve begun trailing a new AI Christian translation service to automate seamless and accurate translation. The initial trails have so far been promising for continual use.
We continued the activities which involved support to overseas missionaries giving not only moral but practical support in the furtherance of their studies, including opportunities to visit us and develop our joint beliefs.
We have launched our members assembly to further foster the feel of community within the congregation. We keep members informed of the activities of the church and begin to involve the voice of the congregation in decision making. We will continue to develop this forum to build the community and its service to God.
As the church continued to grow with influx of both Hispanic and some non-Hispanic visitors, the board has begun work to re-organise and prepare for its next stage of growth. The board recognises the need to re-shape its ways of working to adjust and best serve its beneficiaries and over the next year will continue to work to ensure as growth continues its beneficiaries continue to receive the best support.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
The church has continued to see growth following 2024’s Crece conference which as before brought in a well-known Hispanic preacher to share a message.
The church has seen particular growth within the young adult population of the congregation. With a growing community, the church launched its first ‘renueva/renew camp’ over the easter weekend. This camp saw over 40 young adults gather across the two church locations for a weekend of mental health workshops (from a guest specialist), bible study, group bonding and talks from our pastor Dr. Oscar Jimenez.
Page 2
Summary of the charity's main activities and achievements (continued)
Over the last year, we launched our first test trail of our ‘Fe y Vida’ project, which aims to equip future ministry leaders with training both theological and ministry centred. The trail run consisted of launching 3 modules each time gathering feedback and implementing in the following module. The learnings from this initial trail run are now being reviewed to re-launch the project using the knowledge gained. Fundraising has continued to fund this important work, with promised matched donation from a funder.
With the priorities of the year, regular prayer sessions have been launched to encourage prayer within the congregation. We have continued the preaching of the gospel during Sunday Service now in Bethnal Green and in Stockwell in Spanish with translation into English when needed.
The ongoing success in our activities have been achieved with the dedicated support of the Trustees, Elders and leaders in running and providing the appropriate teaching materials and training to different ministries like Inter-Kids for children between the ages of 3 and 14 years- old; married couples; development of the groups of women and men to embrace the whole of the congregation, group worshiping, media, and logistics ministries. Within these we have encouraged the understanding and fluency of the Spanish and the English language gospel.
The church has worked to further grow its Men’s, Women’s and Young Adult ministries, seeing particular growth within our young adults. This has seen a large increase in young people in the congregation volunteering for service within the church.
The need for further fundraising continues, this will give more flexibility in meeting operational, and equipment cost and to expand the gospel through missionary work.
In planning the activities, the trustees continued to apply the guidance on public benefit issued by the Charity Commission. With advice from Safeguarding Services, the policy has been reviewed and updated where necessary.
Financial review
During the year income increased by £61,259, to £194,887, and expenditure increased by £59,449, to £177,504. As a result the cash held by the charity increased by £17,383 to £39,494, of which £6,807 is unrestricted and can be used for any charitable purpose.
Gift Aid is an important contribution to church income, and this has a financial increase in a year of 34%. In the coming year our aim is to encourage all members of the congregation who are in the position to sign a Gift Aid declaration for donations made, that will be of considerable benefit to the church.
Stewardship Services were appointed to continue to undertake the independent accounts examination. During the year we continued with our use of the accounting system Xero which is proved to be suitable in meeting our needs.
Page 3
Reserves policy
Following a general meeting of the Board of Trustees, they have revised the policy whereby free reserves held by the charity should be maintained at not less than £3,000, increasing this sum incrementally to total £6,000 over the next year. The Trustees will continue to review the amount held
The Trustees are continuing to monitor income and expenditure closely and, if it becomes necessary, will take measures to mitigate any financial impact. The charity has not had to make any redundancies.
Governance
The policy and operating decisions of the charity rest with the Trustees who monitor the performance and management of the charity and meet when required. The existing Trustees aim of the church is to continue with the efforts to develop the size and involvement of the congregation with the leadership of the Pastors and Elders to spread the word of the Lord.
Risk statement
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
Responsibilities of trustees
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
Alexandra Arango Restrepo
Alexandra Arango Restrepo (Jul 22, 2025 18:30 GMT+1)
_____ ALEXANDRA RESTREPO Jul 22, 2025 Date:___
Page 4
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
IGLESIA EVANGELICA INTERLONDRES
I report to the trustees on my examination of the accounts of Iglesia Evangelica InterLondres ('the charity') for the year ended 31 March 2025 on pages 6 to 9 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in accordance with section 130 of the 2011 Act; or
-
the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Lisa Darby
Lisa Darby (Jul 23, 2025 11:15:44 GMT+1)
Lisa Darby FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: Jul 23, 2025
Page 5
IGLESIA EVANGELICA INTERLONDRES
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Notes Income receipts Donations Gift aid receipts Grants Interest Other Total receipts Payments 2 3 Total payments Transfers between funds 5 Net movement in funds Cash funds as at last year end Cash funds at this year end A Net of receipts / (payments) before Grants paid in relation to charitable activities undertaken by others Payments in relation to charitable activities undertaken directly |
General Designated Funds Funds £ £ 63,953 - 8,677 - - - 313 - 4,842 - 77,785 - 70,124 11,000 3,810 - 73,934 11,000 3,851 (11,000) (11,214) 11,000 (7,363) - 14,170 - 6,807 - Unrestricted Funds |
Restricted Funds £ 5,465 - 111,637 - - 117,102 82,220 10,350 92,570 24,532 214 24,746 7,941 32,687 |
2025 £ 69,418 8,677 111,637 313 4,842 194,887 163,344 14,160 177,504 17,383 - 17,383 22,111 39,494 |
2024 £ |
|---|---|---|---|---|
| 65,841 6,469 58,832 669 1,818 |
||||
| 133,628 | ||||
| 96,180 21,875 |
||||
| 118,055 | ||||
| 15,574 - |
||||
| 15,574 6,537 |
||||
| 22,111 |
The notes on pages 8 - 9 form part of these accounts.
Page 6
IGLESIA EVANGELICA INTERLONDRES
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 MARCH 2025
| Notes A Cash funds Cash at bank with immediate access B Other monetary assets Gift aid due to charity GASDS due to charity C Liabilities Taxes due Fee for Independent Examination Total |
General Designated funds funds £ £ 6,807 - 6,807 - 8,601 - 2,000 - 10,601 - 185 - Unrestricted Funds |
General Designated funds funds £ £ 6,807 - 6,807 - 8,601 - 2,000 - 10,601 - 185 - Unrestricted Funds |
Restricted funds £ 32,687 32,687 3,125 - 3,125 - |
2025 £ 39,494 39,494 11,726 2,000 13,726 185 1,500 1,685 |
2024 £ |
|---|---|---|---|---|---|
| 22,111 | |||||
| 22,111 |
|||||
| 6,677 2,000 |
|||||
| 8,677 |
|||||
| 802 1,380 |
|||||
| 1,500 | - | - | |||
| 1,685 | - |
- | 5,415 |
D Assets retained for charity's own use
| Fund to which asset belongs Equipment General Equipment Fe y Vida |
Current value £ 4,203 10,876 |
|---|---|
| 15,079 |
E Guarantees and secured debts
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf by:
Alexandra Arango Restrepo (Jul 22, 2025 18:30 GMT+1)Alexandra Arango Restrepo _____ ALEXANDRA RESTREPO
Jul 22, 2025 Date:_____
The notes on pages 8 - 9 form part of these accounts.
Page 7
IGLESIA EVANGELICA INTERLONDRES
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Employment costs (see note 4) Rent Ministry expenses Equipment Transport Insurance Church events Accountancy Sundry expenses |
Unrestrict | Designated funds £ - - 11,000 - - - - - - 11,000 ed Funds |
Restricted Funds £ 33,464 - 34,435 10,710 3,611 - - - - 82,220 |
Total 2025 £ 47,905 28,523 56,730 16,892 5,349 549 2,060 1,897 3,439 163,344 |
Total 2024 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 14,441 28,523 11,295 6,182 1,738 549 2,060 1,897 3,439 70,124 |
||||||
| 41,619 22,200 22,040 2,882 137 346 4,320 1,572 1,063 |
||||||
| 96,180 |
| 3 Grants paid in relation to charitable activities undertaken by others Grants for: Mission support Hardship |
2,935 875 3,810 |
- - - |
9,276 1,074 10,350 |
12,211 1,949 14,160 |
19,475 2,400 |
|---|---|---|---|---|---|
| 21,875 |
4 Employment Costs and transactions with related parties
The charity has 3 part-time employees during the period to whom the employment costs above relate to.
Other than direct reimbursements of expenses made on behalf of the charity, no amounts were paid or are payable to any trustee or to any person connected to them.
Page 8
IGLESIA EVANGELICA INTERLONDRES
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
5 Movement of funds
| vement of funds | |||||
|---|---|---|---|---|---|
| Unrestricted funds General Fund Designated funds Fey y Vida fund Restricted funds |
Opening balance £ 14,170 - 14,170 |
Receipts £ 77,785 - 77,785 |
Payments £ (73,934) (11,000) (84,934) |
Transfers £ (11,214) 11,000 214 - |
Closing balance £ 6,807 - |
| 6,807 | |||||
| Manos de Dios fund | 55 | 765 | (1,034) | 214 | - |
| Canasta del Amor fund Mateo 6 fund Fey y Vida fund Jimmy Potes fund Renier Pantoja fund Oscar Jimenez fund Total funds |
314 40 - 1,078 6,453 - 7,941 22,111 |
- - 46,581 41,856 - 27,900 117,102 194,887 |
- (40) (43,517) (21,714) (6,453) (19,811) (92,570) (177,504) |
- - - - - - 214 - |
314 - 3,064 21,220 - 8,089 |
| 32,687 | |||||
| 39,494 |
Page 9