Regislered Chafity Number 160977 Report of the Trustees and Unaudited Financial Statemenls For The Year Ended 31si March, 2023 CHRIST LOVE MINISTRIES
CHRIST LOVE MINISTRIES Conienrs of The Flnanclal 51aiemenis For The Year End•d 31 st Marth, 2023 Page Report of The Trusiees Independeni Examiner's Reporr Statement of Financial Activlties 8alance Shèet Notes io the Financial Siatements Detailed Statement of Flnanclal Aciivities
CHRIST LOVE MINISTRIES Repori Of The Trustees For The Year Ended 315f March. 2023 Regisiered Charily Number 1160977 Chalrman: Rev GORDON GY ASI Principal Address. 37 TOWER SQUARE NORTHAMPTON NN5 5FH Trusiees Rev GORDON GYASI VIDA GYASI MIZIMO SINKAMBE 5UTu Independeni Examlner Paperchase faxation Accounrants 22b Sydenham Road London SE26 5QW
CHR15T LOVE MIN15TRIES Rert (rf the Trustees For Th• YÈ31 Ended 31st M¥th, 2023 The rrustees present therf report witli The finonclal statemt% of ihp chanty for ihe year ended 31 Morch 2023. The trustees ha1 adopted thi: provisk$ of the STatement of Recommended Practlce150RPI Accountln8 ènd Reporbn8 by Charleg' $ed th July 2014. 5TrucfuRE, GOVERNANCE AND MANAGEMEr Oe5crfipilon ol the cha¥lty'5 tsu5ts Governn8 document.. Trust dped The charltri Is a trus¢ Trustee seledon 15 by appglntment The mah .IctNity of the tharlty is iht estiihltshmpnl and mainiena17ce of worship centrÈs io enable the members of the pubknc lo partiJpate I"1 ChrisDan worship Malin8 grants an¢ donath)ns io the needy. We arè skwty buildkne a thlld Trr. mlr.istry ro enhance their knowltd8è aboul the thri%ts"an faith RISK MA14AGEMENT The Tfustees have conducted 2 ¢1 ihe major risks whlch Ihe Chority Is exposed A ii¥k remister has been esiabllshed whith Idenn'Pei the major rtsks by Alea of actyty. the natu ol those risks. the Ilkellhood of the rk5k5 happen.n8 Ind the measuretaken to rn3e them The Trustee5 re¥ the ri%k reR151er regularty at Ihdr meer,ogs aria are sar15fied rhat sleMS a In place io rnana8e the rL4k5 that have been idenimled. In particur. knsurance cover is In place and thefinances of the Charlty are kept under review. Ap?ropriato Disclosure & 8afrin8 Service check ILI8S1 trdinin8 undl1taken and, 5UPPOrted by re8uLirly reviewed policie5 •re done for 411 tnose who work wlth thllsren or oiher vulnerob 8roups wrth theChJrlty. FINANCIAL REVIEW We plan on having ffnanclal wrth the church and leadefs ery S rnonlhs to rev Our financtal achievements and tonlributrons towards varlous events ènd minlsrnes. PLANS Foft FUTURE PÉRIODS In the future. we plan to expand our mlni5lries kn unrvEYsities thid re8i5ter a5 a socty In dtffe.. ent Unlversities. Appruved by order of rhe board of trustees on.... 518ned on It5 behaw by.. Re¥ GOROON GYASI
CHRisf LOVE MINlffRIES
For The Year Ended 31st MatdL 2023
Independent Examlnerfs Report
To the Truslee5 of
CHRisf LOVE MINisfRIE5
I reFQrt on the aOniS for ihe ended 31st March. 2023 Rt out on page5 fl1 to Seven.
Rwp•dlve responslbllltles of trurtees and examlner
The charlty's trustees are responsible IOT the prepJratlOD ol the accounts. The ch)rltVs trustees
onslder that an autht ts not required for this year (under Settion 14412) of the Charltles A£1 2011
Iihe 2011 A¢t)l and thal an IndePerent exarninallon is requir. The charity'$ 8r015 Income does
not exceed QS0.OW anil I qu•llfied to urMkntJke ihe examlnation by being a qu41bfied rnemter of
ACCA.
1115 my re5ponslbility lo:
examlne the accounls Sectton 145 of ihe 2011 Ad io folltrw the procedures lald down In
the General Dlrecllon$ 8fven by the Charity Commisslon lu Sectk)n 145(5)Ib) of the 2011 Act):
•nd to rtu¢e whether particul¥ m•ti¢rs have q)me lo my attentk.
Ba511 ol tht Indepththt ex•mln*s r•port
My examination was carrled out In a¢cordance wlth General Dire<tioni given by the Chority
CommSsslon. An txarnlnation Includes a review of Ihe accountlng records kept by ihe charily and
comparlson of the accounts presented wlth Ihow fecords. It also Includes <onsideralion ol any
unusu•l ilemi or disclosures In the J¢
CHRirf LOVE MINisfRIES Stalemeht of FINnd•l Actlvld For The Year Ended 3151 March. 2023 2023 Totsl Fund 2022 Tot•1 Fund Income Rttour Incoming ReljrCÈ£ Frcth Generated Fundi Voluntary Income Total Income 57.061 57.061 57.061 51.226 51.226 Resourw Exprnthd Charitable Aalvltles Physicjl & Spiritual Need Governance Costs 60.374 1.136 60.374 1.136 45.061 650 Total Resources ExpEnded 61.510 61.510 45.711 NET INCOMING RESOURCES (4,449) (4.449) 5,515 RECONCILATION OF FUNDS Total Funds B41¢•$ blfwd 1&896 16.896 11.381 Total Funds Oal•nw fjfr 12.447 12,447 16.896 The Notes Fcfft Part of These Fw)arKl41 SlateMls
CHRisf LOVE MINirfRIE5 at 31 M•rth 2023 2023 2022 Not•s Tot•1 Tot41 CURRENT ASSErs DeblLirs Cash ot bonk aNI In haThJ 8.566 3.402 8,S66 3.402 7.852 CREDITORS AmniS F•llln8 Dje wllhln Y 650 650 650 NFf CURREKf ASSEfs 11.318 IS.767 TOTAL KSSEfs iESS CURRENT UA8iullES 11.316 11.318 15.767 NEf Assrrs 11.315 11,318 15.767 Unresrrkttd Funds 11.318 15.767 TOTAL FUNDS 15,767 The nancIal 5tDt?ments '.vere the Bo•rd ol Tnth•i .... w•rp ..i8rwd on lic b*h4lf by.. Rev GORDON GYASI The Notes F¢)mi Part 01 Th FiThwKlJl Statemort8
CHRisf LOVE MINisfRIES Nolei to the Finandal Statementss for tht ye•r ¢tthd 31 Mwth 1023 ACCoU1NG POLICIES A¢<ountlng conventlon The linaD£ial slalements have been prepwed uThJer the hi5torlc•l cort conventSon. •nd in ccordance wlth the Finanaal ReF¢rting Siandard for Sm•ller Entttles {e(feulve January 20151. the Charities Aci 2011 4nd the requirements ol ihe Si)l¢meni of Rtcommended Practice (SORP 2015). A(cthJntln8 Reporting by Charltte$ 1155ued July 2014) Incomlng resources All IncominK reswrces are Ilded Statemenl of Flnanual Activltles when the charity II legally entitkd 10 Ihe Income and the affl1 (an be quantlfied wlth reawiable auLtracy. Resourtts expended Expenditure is accounied for on an acuuals bask$ Ind has been da55ified under headings Ih4t a88regate all ¢osl related lo the legory. Where costs cannot be dlredly atlflbuted to pariicular head85 ihe¥ have be¢n allocated to artivities on a bai15 nSIStent with the use ol re3our(es. Grants oFlered wbiKI to condltlons wknlch hw4 not been rnrt at the year end date are noted aj comrnltment but noi actrued ès experkfitwe. Tanslble fixed assets T•xaiion The charity li exempt from lax on its charitable acNvltles. Fund accounttn8 Unrertricied funds can bt umd In •ccord•n(• wlth the tharitable obj*¢tiv¢i at the discrellon of the trusteei. I Voluntary Income 2023 2022 Tithe5 & Offerlng 57.061 57.061 51.226 51.226 2 vernanCe Costs counlancy 2023 1.136 1.136 2022 650 650 3 Debtors . AThxnts Fallin8 Due vAthln one yr 2023 2022
CHRI LOVE MIN15fRIES Notts to the Flnanclal Siatemenlss lar tht year ended 31 M•rth 2023 Other debtors B.566 8566 B.565 8.565 4 Cr•dltors: amounts fall1 due Nthln one year 2023 2022 Tr*Je creditors 650 650 Nel 5 M¢)Vffftt In Furd5 010422 In Funds At310323 Unrertrfded fimdi General fund roTAL FUNDS 15.767 15.767 14.449} 4.449 11.318 11.318 Nel movemeni In funds. Included kn the above are as follows: Incomlng Re5(mjrS REs¢)urces Expended Mov•meni In Funds Unrtrtr1Cd funds GeneTal fund Total Fund 57.061 57.061 61.510 61.510 4.449 4.449
CHRIST LOVE MINisfRIES eta51ed Statement Of Flnandal Admt For The Yt•r Eted 31rt Marth. 2023 2023 Total Fund 2022 Total Fund INCOMING RESOURCES Tithe5 & Offeri08 Total Inu¥mlni Rexw 57.061. 57.061. 57.061.0) 57.061.Ll) 51.226.00 51.226.00 RESOURCES EXPENDED Chwltablv Adivltles Honorarium & ¥elunteer Church experises TelEphone and fax S.645.00 12,032. 679. 5.645.00 12.032.00 679.1?) 3,421. 780.00 18.356.IXI 18.356.Q) 4.201.L)) Governan Cos A({1a fees 1.136.C#) 1.136.00 T.T3600 1.136.lYI 650,(XI 650.00 Reni & rares In5yran¢¢ R¢p8kri & MOInter¢ Motor exper15ei 33.600.C(I 5.145. 642. 2.631.C 42.018.lJ) 33.6O).C 5.145.00 642.00 2.631.00 42 018.ljl 33,600.CQ 4.181. 3.079.CQ 40.860.(M) TOTAL lIEVcEs EXPENDED 61.510.¢XI 61.510.00 45.711.LW) NEf INCOME 4.449. 4.449.ts) 5.515.(Kl