TREE OF LIFE MINISTRIES
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] MARCH 2025
CHARITY NUMBER: 1167077
TREE OF LIFE MINISTRIES 118 – 120 LONDON ROAD MITCHAM CR4 3LB
INDEX Page Index 1 Trustee’s Report 2 – 3 Independent Examiner’s Report 4 Receipts and Payments Account 5 Statement of Assets and Liabilities 6 Notes on the financial Statements 7
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TREE OF LIFE MINISTRIES
TRUSTEES’ REPORT YEAR ENDED 31[ST] MARCH 2025
The trustees are pleased to present their report for the year ended 31[st] March 2025 for the charity, Tree of Life Ministries with charity number 1167077.
The Trustees of the charity are: Rev Manasseh George Abraham Ms Manisha Galande
Binny Mathews Philip
The principal address of the charity is : 118-120 London road
Mitcham Surrey CR4 3LB
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a CIO – Foundation Constitution registered 13[th] May 2016 as amended on 5[th] October 2024.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
OBJECTIVES AND ACTIVITIES
The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.
ACHIEVMENTS AND PERFORMANCE
The Organisation held successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held outreach meetings during the year in which individuals had the opportunity to hear the message of the Christian faith. This has produced good results in reaching and helping members of the community.
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FINANCIAL REVIEW
The income of the charity is above £6,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the hall and office it uses for its meetings as well as the operational costs.
RESERVE POLICY
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.
RISK MANAGEMENT
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
TRUSTEE RESPONSIBILITIES
Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 17[th] July 2025 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees
TREE OF LIFE MINISTRIES
I report on the accounts of the church for the year ended 31[st] March 2025 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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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 Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the 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 I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply
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with the accounting requirements of the 2011 Act: or
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(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
CHUKS AJUKA BSc(Man), FICB PMDip License Number: 17362 FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH
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| TREE OF LIFE MINISTRIES | |||||||
| ACCOUNTS FOR THE YEAR ENDED 31st March 2025 | |||||||
| **1 ** | **Receipts & Payments Account (General ** | Purpose Fund) | |||||
| Income Receipts | £/2025 | £/2024 | |||||
| Donations | 6164 | 8221 | |||||
| GiftAid | 0 | ||||||
| Total Receipts | 6164 | 8221 | |||||
| Direct Charitable Expenditure | |||||||
| Supplies | 150 | ||||||
| Rent | 1050 | 1650 | |||||
| Wages | 0 | 3000 | |||||
| Professional fees | 175 | 0 | |||||
| Missionexpenses | 200 | 430 | |||||
| Admincharges | 536 | 50 | |||||
| Officerent | 1500 | 0 | |||||
| TVprograms | 150 | 800 | |||||
| Welfare | 0 | 1500 | |||||
| Insurance | 207 | 199 | |||||
| Bankcharges | 60 | 60 | |||||
| Honorarium | 700 | 100 | |||||
| Outreachcosts | 0 | 620 | |||||
| Travel | 350 | 0 | |||||
| Accountingservices | 450 | ||||||
| 5528 | 8409 | ||||||
| Other Expenditure | |||||||
| Equipment | 0 | 0 | |||||
| Events | 500 | ||||||
| Refreshments | 120 | ||||||
| 620 | 0 | ||||||
| Total Payments | 6148 | 8409 | |||||
| Net Receipts/(Payments) for the year | 16 | -188 | |||||
| Cash Funds brought forward | 57 | 245 | |||||
| Cash Funds at the end of the year | 73 | 57 | |||||
TREE OF LIFE MINISTRIES
| **2 ** | Statements of Assets and Liabilities at 31st March | Statements of Assets and Liabilities at 31st March | 2025 | 2025 |
|---|---|---|---|---|
| Monetary Assets | ||||
| Cash Funds | Unrestricted Funds | |||
| £/2025 | £/2024 | |||
| £ | £ | |||
| Cash at hand and in bank | 73 | 57 | ||
| Total Cash Funds | 73 | 57 | ||
| Assets Retained for the | ||||
| Charity's Own use | ||||
| Non-monetary Assets and Liabilities | ||||
| Musical Instruments | 70 | 70 | ||
| Equipments | 100 | 100 | ||
| 170 | 170 | |||
| Liabilities | ||||
| Bookkeeping | 250 | 250 | ||
| NET ASSETS | -7 | -23 |
These accounts were approved by the trustees and signed on their behalf by: Rev Manasseh Abraham
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TREE OF LIFE MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st March 2025
ACCOUNTING POLICIES
Basis of Accounting
These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year.
Funds
The CIO has a general unrestricted fund that receives voluntary donations from attendants at the services.
The CIO has no outstanding guarantees to third parties no any debts secured on the asstes of the CIO
Public Benefit
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
Trustee Remuneration
No trustee received any remuneration during the financial year.
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