| TORCHES OF LIGHT EVANGELICAL MISSION | TORCHES OF LIGHT EVANGELICAL MISSION |
|---|---|
| FINANCIAL STATEMENT FOR THE YEAR | |
| ENDED 31STDECEMBER 2023 | |
| 2023 | |
| £ £ |
|
| Income | |
| Offerings and Collections | 3,293.32 |
| Planned donations – Tithes | 1,946.34 |
| 5,239.66 | |
| Total Receipts | 5,239.66 |
| Expenditures | |
| Zoom Online Cost | 144.00 |
| Donations | 2,994.00 |
| Church Website Cost | 160.70 |
| Bank Charges | 0.00 |
| 3,298.70 | |
| Total Expenses | 3,298.70 |
| Excess of Income over Expenses 1,940.96 |
TORCHES OF LIGHT EVANGELICAL MISSION LLOYDS BANK PLC
RECONCILIATION OF ACCOUNTS AS AT 31[ST] DECEMBER 2023
| 1STJanuary 2023 Opening Balance Receipts for the year Expenses for the year 31stDecember 2023 Balance Carried Forward |
£723.82 £5,239.66 £5,963.48 £3,298.70 £2664.78 £2664.78 |
|---|---|
Independent Examiner’s Report
To the Trustees and Committee of Elders of Torches of Light Evangelical Mission
This report on the accounts of the Trustees and Committee of Elders for the year ended 31[st] December 2023 which are set out in the Annual Report, is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 1997 and s43 of the Charities Act 1993.
Respective Responsibilities of Trustees and Examiner
As Trustees and Members of the Committee of Elders, you are responsible for the preparation of accounts. You considered that the audit requirement of Regulation 3(3) of the Church Accounting Regulations 1997 and section 43(2) of the Charities Act (the act) do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of Regulation 25 of the Church Accounting Regulations 1997 and Regulation 7 of the Charities (Accounts and Reports) Regulations 1995.
Basis of Independent Examiner’s Report
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act to be found in the guidance of the CBF. That examination includes a review of the accounting records kept by the Trustees and Committee of Elders and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees and committee of elders considering 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 connection with 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 requirements, to keep accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, as also contained in the Church Accounting Regulations 1997 have not been met 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.
(Signed) Olaniyi Ogun
Pastor Olaniyi Ogun House of Prayer C & S Church 3 Whippendel Court, 480 Whippendel Road Watford WD18 7PT