2022-03-31-accounts - Lagoinha Baptist Church

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AGO (AcOMPATfYLIMBTrB YGUARANTrE bK>THAVING A bHAR8CAPAL) REPOR'f AND FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 COMPANY REGISTRATIOIY NO. 1009S042 CHARITI, COMMISSION NO. 1178762

LACOINHA BAPTIST CHURCH (A COMPANY LIMITED BI, CUARANTEE NOT HAVING A SHARIQ CAPITAL) MPANY TRATI ER 10095042 OF MANA ENr MMnEE DIRECTO Mr. Howard Dantas Mr. Fernando Carvalho Mr. Valdinei ferr¢ira Mr. Williams Boyd Mr. Olayemi Lalllwoy¢ ISTERED FFI Flat 4 Cortlartd House Appl¢ Yard tLindon SE20 8Fr

LAGOIiYHA IIApfisT CHURCH (A COMPANY LlhqtTED BY GUARANfEE NOT HAVINC A SHARE CAPITAL) Dire¢lor'sAnnuulReporifor iheyear enderf 31 March 2022 The Dir¢¢tors for the purposes of the Coinpani¢s A¢t, subillit their annuol r¢port and the financial 81alei#ertts for the y¢ar cnded 31 Marol) 2022. structu governaM¢e manAgement Tli¢ LAGOINHA BAPTIST CHURCH is a company limited by guarantee gov¢rned by its m¢iiioranduin & articles of &so¢iation. Company nllber.' 10095042. Th¢ directors of the company known as illenib¢rs of the Manag¢m¢nt Committee. All new staff, volunl¢ers and Manageinent COIll1te niellib¢rs inusl go through an induction process at tlie stort of thcir work with thc organisation. Tliis process aiins to fiullillarise tlie]11 with th¢ ftiin8, objectives and slru¢tur¢$ of the organisalion, as well as Ilie policies and procedures ivlii¢h ar¢ likely to be of relevanc¢ to their work. The main activity of the orgallisalion is general advice and support forth¢ Portuguese 8p¢aker CO1nwIlty. Each area is mattaged by tli¢ Director, assisted by volut)te¢rs. Objectives and AetivitÈes LAGOINHA BAFfisT CHURCH'S aiins and obj¢ctives are lo provide seryi¢¢s wliicli will pennit Iliein to overcome $ocAal marginalisalion and gaiii aGce55 to niainstrenni gervic¢$, opporLunilie5 and ¢ntiilcmenls in the UK, while iihaintainlng th¢ir Cultural identity wiihRrt a globaIised and iiiulticultur01 so¢A¢ty. The trnstees are r¢sponsible for keeping proper accoullling records tliat di8clos¢ with r¢asonabl¢ accuracy at any time the financial position of I1 ¢omp4wy and enable Iheill lo ensur¢ tl)at the accounts coillply with Ihc Companies Act 2006. Tli¢y ar¢ also responsibl¢ for safgguarding the assets of Company and Iience for tllking r¢asonable steps for tli¢ pr¢vention and detection of fraud othet irr¢gular1ti. SMAII company exemptions Thi8 report has been preIa in ac£ordance with the special PTOViSiOnS relating to small oompgnies iviihin Companics Act 2(X)6. By order of tbe Board. Mr. ValdTnei F¢rreira DirloV 26 January 2023

LACOINHA BApftsT CHURCH (A COMPANY LIMrrED IIY GUARANtEE NOT HAVING A SHARE CAPITAL) STATEMENf OF fiINANCIAL ACTIVITIES (INCLUDING INCOME Af4D EXPENDITURE ACCOUF FOR THE YEAR ENDED JI MARCH 2022 Notes Unte5trioled Restri¢t¢d Total Funds Funds Funds 2022 Inoomlng resour¢e4 genernteil fundj Volunthry iThcome Total incomin8 rUte$ 183.423 183,423 183,423 183,423 R¢iour¢e$ expehdeil: Covernanee costs 167,862 167,862 Total resources ¢xNded Nel ineomlng re$ourL*S 15.561 l5,561 Net movement in funds Totsl fund$ 4¢ 31. M4rch 2022 27,358 All of the alx>ve results are deriv¢d from ¢onlinuiftg a¢tsvit1¢5. All 8ains and losses recogtjised in the year are in¢luded aix>ve. The Staiement of Fin&ncial Activities 8]so ¢ornpli¢s with the reqU1mentS for an it¢ and eXnditllre account under ihe Companie$ Act 20(hS. The note8 on page 6 lonn part of these accounts

LAGOINHA IIApfisT CHURCH (A COMPANY LIMrrED IIY CUARANfEE NOT E4AVING A SHARE CAPITAL) BALANCE SHEET AS AT 31 MARCH 2022 Note 2022 FIXED ASSETS Tangible assels CURRENT ASSETS Debtors 8t pr¢payn)¢nts C&sh at bank and in hand CREDrroRS: Amoun15 falling due more Ih4n on¢ yehr NET CURRENT ASSETS TOTAL ASSETS LESS CURREFif LIABILrriES THE FUNDS OF THE ORGANISATION R¢stri¢t¢d in¢ome fut]ds Unr¢stti¢*d income fuA]Il% 27J58 For the year end¢d 311IM8wh 2022 the church wa$ eDtitled to exemption und¢r th¢ CorDpHnies A¢t 2006. No mBFnbeTS httve requi[ the entity to obiain an lludii ofits Atcounts for the yethr in que$tion. The dire¢tors a¢knowledge theirregponsibiliry lor.. i) En$uTing the cornpa keETr% aCGountin8 Tecords. End ii) PrepArin8 accounts which 8ive a In and fair view olthc slatc of affairs of the company &$ at the end of its profit ond loss for the finan¢ial year. And which otherwise ci)mply wtth the requirements of the Companie5 ActTelatin8 to &ccounts so far As &pplicable to the company. The riwl] statcmcnls were &pprtsved by the m&nag¢ment Committee on 26 January 2023 and si8ned on Its bchalf by.. Mr. Valdines Ferreira, Treasurer The not¢5 Qn pages 6 forni pèrt of these accounts

LAGOINHA BApfisT CHURCH (A COMPANY LIMITXD BY GUARANTEE NOT HAVING A SIIARE cAPAL) NOTES FORMINC PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARC'F121I22 I. BASIS OF PREPARATION Af4D ACCOt]NriNG POLICIES (a) Th¢ a¢counls liave been prepared under thc l)istorical wsl conventton, and in acoordanc¢ with applicable ac¢owhling standard$. (b) T]ie cothpany has taken advantag¢ of the exemptions in Financial Reportillg Standard No. I froni lh¢ requiremefjt to PToduoe a cash flow stat¢ttt¢nt on tlie grounds that it is a sinall cojnpllny. (c) The 8c¢owits hpvc bccn PTep&Ted on the goin8¢on¢ern basss. (d) Voluntary income is rcceived by way of donations and git¢s and is included in full in the StateEnent of Finan¢ial A¢tivit2es when receivable. The Val of %rvices provided by volunleers has not been inGluded. {¢) Grants, sncluding grant$ fot t1 purchase of fixed a$s¢t$ where applicHblE, are re¢tigThis¢d in full in the Statement of Fin8n¢i&l Activities in the y¢8r in which thcy are TeceIVbIe. (Q In¢omin8 iesoI)Ices from invesljnents is included when rcccivablc. (g) Rewurce8 expended aTe Teco8nised in the period in which th¢y ar¢ in¢uJred. Resources expended in¢lud6 attributable VAT thatcannot be recov¢r¢d. (h) Support ¢osis include ¢elltr81 functions &ndhav¢ iK¢n alloc&t¢d to activiiy eA>st ¢ategories on the basis of relevant stalTtllne. (s) Gov6rnanc¢ WBts include costs of the preparatii)n and ¢xaTnination of 51atutory accounts. the ¢o$ts t)f trn$iec mcctill8s andcost of any legal advice lo trllstees on gov¢rnan¢e constitutional tters. ti) Unrestricted fuuds dDnalions and other incoming resources T¢ceivabl¢ or genciated for tlie oty'ects of the or8anisation without S¢If1rd purposE and are available as 8energ1 funds. Oc} T&ngible fixed are staled at GOSt less depreciation. Depre¢iotion is provid¢d at rat¢$ ¢al¢ulJt¢d to write otYthB QOSt1¢ss residual value over each assel's expected useful life, as follows... Futnilutr, equipm¢nt and cornputer cquffipment 200/D straight line

AGO (AcOMPATfYLIMBTrB YGUARANTrE bK>THAVING A bHAR8CAPAL) REPOR'f AND FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 COMPANY REGISTRATIOIY NO. 1009S042 CHARITI, COMMISSION NO. 1178762

Independent Examiner's Report To the Trustees

LAGOINHA BAPTIST CHURCH

I report on the accounts of the church for the year ended 31[st] March 2022 set out in 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 43(2) of the Charities Act 1993 (the 1993 Act), does not apply. It is my responsibility to:

Examine the accounts under section 43(3) of the 1993 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 43(7)(b) of the 1993 Act.
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;

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
proper accounting records are kept( in accordance with section 41 of the Act) - accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Claudia Patricia Giraldo Castaneda FCCA Tel: 020 8150 6244