## **Charity Registration No: 1170585**
**LOVE HOUSE FELLOWSHIP (Charitable Incorporated Organisation) Report and Accounts for the year ended 31 December 2024** ~~—~~
## **LOVE HOUSE FELLOWSHIP (Charitable Incorporated Organisation)**
## **Legal and Administrative Information**
## **Trustees**
Mr Hanson Djiga Aboagye Mr Martin Eddu Mrs Seriena Jackson
**Pastors/Key Staff** Colin Mason Yvonne Mason
## **Charity Number**
1170585
## **Governing document**
Trust Deed: 06 December 2016
## **Registered address**
30 York Road Bourne PE10 0ZF
## **Bankers**
HSBC Bank
## **Accountants**
Crystal Accountancy & Tax Solutions Ltd Allia Future Business Centre London Road Peterborough PE2 8AN
## **LOVE HOUSE FELLOWSHIP (Charitable Incorporated Organisation)**
## **Contents**
||**Page**|
|---|---|
|Trustee Annual Report|**1 - 3**|
|Report of the Independent Examiner|**4**|
|Receipts & Payment Account|**5**|
|Statement of Assets & Liabilities|**6**|
|Notes to the Financial Statements|**7 - 8**|
**LOVE HOUSE FELLOWSHIP**
**(Charitable Incorporated Organisation)**
## **Trustees annual report for the year ended 31 December 2024**
The Trustees have pleasure in submitting the Report and Accounts for the year.
## **Objects of the charity**
The church seeks to demonstrate the Christian faith and the vision of the church is:
to build a home group church
meeting the needs of members in their local community by establishing house groups
to bring the love of Christ to the community to resource Christian work here and abroad
## **Structure, Governance and Management**
Policy and operating decisions of the charity rest with the Trustees who meet periodically to monitor the activities of the Charity.
## **Review of Activities**
The ministry base is in Bourne, Lincolnshire as this is where the leadership reside.
Important discipleship work is also carried out in the London area as this is where some of the congregants reside. This involved periodic trips into London. A very important part of our work continues to be discipleship, and we do this by modelling the Christian template of this by working in small groups just as Jesus Christ did with the twelve disciples.
In planning the activities, the Trustees have had regard to the guidance on public benefit issued by the Charity Commission.
We are continuing with an online presence using various social media platforms.
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**LOVE HOUSE FELLOWSHIP**
**(Charitable Incorporated Organisation)**
## **Financial Review**
The Trustees have acknowledged that it takes time to develop the ministry in a new location and this is reflected in the financial reporting of contributions made towards the activities of the church. At the end of the year the Trustees were not holding any funds for purposes outside the church’s direct local activities. **Reserves Policy**
The Board of Trustees have set a policy of retaining sufficient cash reserves to meet the foreseeable needs of the Church. Where specific expenditure is anticipated amounts are set aside into designated funds to meet the costs of normal operations and expansion in membership to ensure that the Church can meet its commitments.
The level of general reserves is not set to a specific formula but is anticipated to be sufficient to maintain the level of committed expenditure over guaranteed income.
## **Grant Making Policy**
Gifts to external organisations and individuals are considered by the Trustees on the basis of need and fulfilment of the charitable activities. There are no upper or lower limits of support.
## **Risk Management**
We have liability insurance with Ansvar which covers: Church fellowship using hired, rented or loaned premises.
CHURCH ACTIVITIES: Weekly Sunday services, Church youth & children's clubs/mid-week meetings/parent & toddler group, After-school care/community work/nursery/playgroups.
2
**LOVE HOUSE FELLOWSHIP**
**(Charitable Incorporated Organisation)**
## **Responsibilities of trustees under charity law**
The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:
1. select suitable accounting policies and apply them consistently;
2. observe the methods and principles in the Charities SORP;
3. make judgements and estimates that are reasonable and prudent;
4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The charity is seeking to find replacement trustee as one of them has now moved abroad but will continue in his role until a suitable replacement has been found
## **Approval**
This report was approved by the trustees and signed on their behalf by:
**----- Start of picture text -----**
Signature:………………...... Signature:........................
Trustee Trustee
Name:…Hanson D. Aboagye. Name:..............................Sereina Jackson Sereina Jackson
Date: 28/10/2025 Date: 29/10/25 29/10/25
**----- End of picture text -----**
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## **LOVE HOUSE FELLOWSHIP (Charitable Incorporated Organisation)**
## **Independent Examiner's Report to the Trustees of LOVE HOUSE FELLOWSHIP**
I report to the charity trustees on my examination of the accounts of Love House Fellowship ("the charity") for the year ended 31 December 2024 on pages 5 to 8 following
## **Responsibilities and basis of report**
As the charity's trustees of the trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 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 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- accounting records were not kept in respect of the Charity as required by section 130 of the Act; o
- the accounts do not accord with those records; or
- the accounts do not comply with the applicable requirements concerning the form and content of
- accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Victor Abe**
Victor Abe FFA
(Fellow Institute of Financial Accountants)
_Crystal Accountancy & Tax Solutions Ltd Allia Future Business Centre London Road Peterborough PE2 8AN_
_**Date** : 30 October 2025_
4
## **LOVE HOUSE FELLOWSHIP**
## **(Charitable Incorporated Organisation)**
## **Receipts & Payment Account for the year ended 31 December 2024**
|**Notes**
**£**
**Receipts**
_Voluntary Receipts:_
Donations and gifts received
2
12,703
Loans to Charity - Repayable
388
Charitable activities
2
**Total Income**
13,090
**Payment**
_Charitable activities:_
Expenditure on raising funds
3
-
Other charitable purposes
-
_Governance costs:_
Support and administration costs
4
11,981
**Total Expenditure**
11,981
**Net Income/(Expenditure)**
1,109
**Funds Transfer**
**Net Movement in Funds**
6
1,109
**Balance at 01 January**
8
**Prior year adjustment**
-
**Balance at 31 December**
7
1,117|**£**
-
-
-
-
-
-
-
-
-
-
-|**Total**
**Funds**
**Total**
**Funds**
**2024**
**2023**
**£**
**£**
12,703
6,529
388
2,437
-
-
13,090
8,966
-
-
-
-
11,981
11,087
11,981
11,087
1,109
(2,121)
-
-
1,109
(2,121)
8
2,129
-
-
1,117
8|
|---|---|---|
5
## **LOVE HOUSE FELLOWSHIP (Charitable Incorporated Organisation)**
## **Statement of Assets and Liabilities for the year ended 31 December 2024**
## **1. Bank & Cash Balances**
|**1. Bank & Cash Balances**||||
|---|---|---|---|
|||**31 Dec**|**31 Dec**|
|||**2024**|**2023**|
|||**£**|**£**|
|Held at Bank|6|1,117|8|
|Deposit Account||-|-|
|||1,117|8|
|**2. Assets & Liabilities**|7|**31 Dec**|**31 Dec**|
|_Assets_||**2024**
**£**|**2023**
**£**|
|Sundry Debtors||184
-|-
-|
|||184|-|
|_Liabilities_||||
|Accruals||500|500
-|
|||500|500|
## **2. Assets & Liabilities**
Except where indicated from the statement of receipts and payments or above, all the assets and liabilities are in respect of the charity’s unrestricted funds
The trustees confirm, in accordance with the Charitable Incorporated Organisations (General) Regulations 2012, that at year end the CIO did not have any outstanding guarantees to third parties nor any debts secured on assets of the CIO.
The accounts were approved by the trustees and signed on their behalf
**----- Start of picture text -----**
Signature:………………...... Signature:........................
Trustee Trustee
equa» 29/10/29
Date: Date:28/10/2025
29/10/25
**----- End of picture text -----**
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**LOVE HOUSE FELLOWSHIP**
**(Charitable Incorporated Organisation)**
## **Notes to the Accounts for the year ended 31 December 2024**
## **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 inaccordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared inaccordance 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.
## **1.1 Receipts**
## _**Donations & legacies**_
Income from donations and gifts, is included in income when these are receivable
## **1.2 Payments**
Resources expended are included in the Receipts & Payment account , inclusive of any VAT which cannot be recovered. Certain expenditure is attributable to specific activities and has been included in those cost categories.
|**2**
**Donations & legacies**
Donations and legacies
Advance to Charity -repayable
Gift Aid Rebate
Other income
**3**
**Expenditure on charitable activities**
Retreat & FIC Books
**Support and administration costs**
Hall hire
Bank charges
Travel & petrol
Staff costs
Insurance
Gen expenses & hospitality
Website maintenance
Cancellation fees - Retreat
Utilities
Governance & professional fees
Advance- repaid
Training
Printing, postage & stationery
Subscriptions
Telephone|**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
12,703
-
12,703
6,529
388
-
388
2,437
-
-
-
-
-
-
-
-
**13,090**
**0**
**13,090**
**8,966**
**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
-
-
-
-
**-**
**-**
**-**
**-**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
150
-
150
197
81
-
81
61
177
-
177
2,931
6,210
-
6,210
400
261
-
261
251
19
-
19
520
368
-
368
2,488
830
830
1,660
161
-
161
304
500
-
500
450
2,585
-
2,585
-
69
-
69
693
572
-
572
432
-
-
-
700
-
-
-
-
**11,981**
**-**
**11,981**
**11,087**|
|---|---|
7
## **LOVE HOUSE FELLOWSHIP**
**(Charitable Incorporated Organisation)**
## **Notes to the Accounts for the year ended 31 December 2024**
- **5** As stated in note 1, the accounts for the year ended 31 December 2024 have been prepared on the 'receipts and payments' basis (i.e. the amounts received and paid from bank accounts). The opening and closing figures in the
- Receipts and Payments Account therefore reflect the bank and cash balances held by the charity at the beginning and end of the year.
|**6**
**Movement in Funds**
**At 01 January**
Surplus/(Deficit) for the year
Prior year adjustment
**At 31 December**|**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
8
-
8
2,129
1,109
-
1,109
(2,121)
-
-
-
**1,117**
-
**1,117**
**8**|
|---|---|
Unrestricted funds comprise those funds which the trustees are free to use in accordance with the charitable objects. Restricted funds are funds which have been given for particular purposes and projects.
|Christian retreat|at|Balance
Balance
01 Jan 2024
Receipts
Payments
Transfers
t 31 Dec 2024
-
-
-
-
-
-
-
-
-|
|---|---|---|
|||**-**
**-**
**-**
**-**
**-**|
There was no Christian Retreat in 2024. The balance of £830, being cancellation fee for a previous booking was paid off
|**7**
**Liabilities: amounts falling due within one year**
Accruals|**Unrestricted**
**Total**
**Total**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
500
500
500
**500**
**500**
**500**|
|---|---|
## **8 Staff & Trustees**
No trustee was paid any wages or any person connected to them. Wages paid to the pastors is as shown in the accounts but a percentage of their monthly utilities is still paid as and when due. The charity has two full time pastors. The trustees approved £200 monthly travel expenses to help with the pastors visit to members homes and other church activities which is accounted for in the accounts. No employee is paid above £60,000. The registered address of the charity remains at Bourne in Lincolnshire during the year.
8