2023-03-31-accounts - Lagoinha Baptist Church

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INHA BAPTI CH {ACOMPANY LIMllTt) BY GuARAE NOTMAVTr A SHAREeATAL REPORT AND FtNANCtAL STATEMEN13 FOR THK YEAR ENDED 31 MARCH 2023 COMPAJYY RKGisfRATION NO. IIMb95042 CHARITY COMMI&8ION NO. 1178762

LkGOIIW BAFfisTCHURCH (A COMPANY LIMrrED BY GUARANTEE N0THAVG A SHARE CAPITAL) .GISTRATI MBER l(K)951M2 EMBE EE DJRECTORS Mr. Valdinei Ferr¢iTa Mr. Olay¢mk Olaluwoye Flol 4 Conland Ilouse Apple Yard ndon SE20 8

LAGOINHA BAPTIST CHURCH (A COMPANY LIMED BY CUARANfzE NOT HAVING A SEIARE CAPITAL) Dlreetor'sAnnual Repor¢for Iheyear ended 31 Marcli 2023 The Directors for th¢ purpos ofthe Companies Acl, submii ih¢ir annual r¢port and Il)¢ financial statetrnits for the year ended 31 March 2023. Strn(lu) gove1Te mAnagemenl The LAGOINHA BAPTIST CHURCH is a CoMpY lirniied by guardniee governed by lis m¢morandum & arlicles of sOCIall0n. Company number.. i(2. 11)e directors of the company known as nnber$ of the Managemenl Coinmittee. All new staff, volunteers and Managem1 Comtnittee Mbers musl go ihrough an indu¢iion process ai the slan ofilicir work ivitl) the organisotion. This pro¢ess aiins to ramiliarise Ihem Is'iili Ihe aims. objectsyes and sint¢lur¢s ofihe orgw)isatioi), as ivell s tlie policies and procedures which are likely lo be ofrdcvancc to their work. The mthin th¢tivity of the organisution is sal81 advice and support for the Portu¥uese spenker community. Eoth ar¢a is Maned by ihe Director, assisied by iiolunleers. Objectives And Atlivitie3 LAGOINHA BAPTIST CHURCH'S ain and objeclivw ar¢ to provid¢ s¢rvices whicli will pennit ili¢m io overcon% socid maiginalisgrion And Bain access to mainstrellm services, OPPOnunilies and lI11•neI$ in thc UK. while mainlwning their ¢uliiLral IdlIty ivtihin a globaiised and multiculiural society. The truylees are responsible fow keeping proper accA)tsniin8 records that disclose iviih reasonable accuracy Dt any time ihe financial position of ihe conipany [d enable them io ensur¢ thai lh¢ accounts coinply iviih ih¢ Componi¢s A¢1 200C). Th¢y &r¢ also r4sw)nsible for safegiiardin8 the &ssets of Ihe company and henc¢ for iakinB reasonable Sieps for Ihe preyenlion md ddeciion offruud and oiher irre8ularities. Small company exemptions ThLS Ltpon liths bll prtpjred iii a¢¢wdatK¢ iviih th¢ $pe¢ial wovi$ion$ r¢Jati118 10 $niall comp4ftiu ivhihL"n Conip4rt1¢5 A¢1 2LKIG. By order orth¢ Board, Mr. Va]dinei Ferreira Direclor S February 2024

LACOINHA BA wfisT CFtURCH IA COMPANY LIMfTED BY CUARAffTEE NOT HAVINC A SHARE CAPITALI STA Tri MENT OF FINANCIAL ACTIVITIES {INCLUDIP4G INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED31 MARCH 2U23 Not¢s Unrcswi¢t¢d R¢stri¢td Funds Funds Total Funds 2023 Inc•ming resources from gcn¢r4ltd fun(15 Volurttory in¢tsm¢ Totsl InclI1n8 resol1¢5 26&748 268,748 268,748 268.748 ReJource* expended: Guyeriinnce cosis 265,427 265.427 Toiol $01¢¢5 cxpcndcd incoming rcsouree$ 3.321 3.324 Net movement in funds Tvlal funily 8t 31° M&r£h 2023 30.680 All ofilK 0)Y¢ sliS are derived from ¢ontinuin8 a¢livities. All 8Hin$ pnd losses re¢o8riiied ill Ilic ycar are includcd AIM)ve. T1)e Siaieiiieni ofFikian¢ial A¢iivilies also coiiiplies widi tlie requivemeDig an #nd exndI1u aG¢ouni Ilie Coiiipanics Aci 2006. Th¢ iioies on pa8¢ 6 fomi PArt of these xcounts

LAGOINHA BAPTIST CHURCH IA COfvIPANY LIMrrED BY GUARANfEE NOT HAVING A SHARE CAPTTAL BALANCE SHEET AS A T 31 MARCH 2023 2023 FIXED ASSETS Tan8ibl¢ a5ts CURRENT ASSETS Debtots atld prepayiiients Casli ai baDk and in hand CREDITORS: Amounts falling ue mul'e tliAn onc year NLT CURRFNT ASSETS TOTAL ASSb"rs LLSS CURRENT LIABILITIFS TIIE FIJNDS ob fiiE OKGANISATION Resiri¢ted I01¢ fund$ Unrestricied incoiiie funds 30,680 For tlic year ended 31"Mah 2023 the clIu17 ivas entitled to eXnpl10iI undcr tli¢ Conipanies A¢¢ 2006. No nienibers h4v¢ requitcd the entity to oiain art aLLdit of ils attounls for Ilic yeDr in qu¢s1ion. The directors aGknowl¢d8e tlicir responsibiliry for.. i) &Ilr1118 )¢ ¢oiiipany keeps accountin8 rccords: Jnd ii) Preparing ¢01713 wlii¢h give 8 and fair view ofihc slalc of affairs of ilie cojnpjiiy as Bl end of its profi¢ and Ios5 for die financial y¢ar, and ivliicli oth¢rivise fjomply iviih Ihe requirenieRts ofthe thiipanies A¢T rtlaiiJi8 to accounts $0 far as upplicable to the conipany. The fJnancio1 siarem¢nts i¥¢re approved by ihe mana8¢ni¢nt c4xnmiiiee on 5th F¢bTU&ry 2024 and signed OJ its beliolf by". Mr. Valdinei F¢TreiTa. Trcasurer The noks oji pa8es 6 forni part ofthese xcoun

LACOINHA BApfisT CHURCH IA COMPANY LIMrrKD BY CUARATrITKE NOT HAVING A SHARE CAPITALI NOTES FORMING PART OF THE FINANCIAL STATEMENIS FOR THE YEAR ENDED 3J MARCH 21JII I. BASIS OF PREPARATION AND ACCOUNTING POLICIF (a) The accounts haye been prepared undu ihe liisiorical cost conva)lion. Lmd in accordance Ith applicable accouniing standards. O)) The ¢ompany hLs taken adyaniage of the exemptions in Financial Reporliiig Siandard No. I from the requirement io produce a cash flow slatemenl on tlie ounds ihai it is a srnall company. (G) The accounis have bccTh pr¢wi¢d on ihc goin8 ¢on¢ern ba$is. (d) Volillltary Ln¢ome is r¢ceived by ivay of donaiions a]id grtls is includcd in fiill in Ilie Sthici)ieni of FinatKial Activiiics lyln rcceivablc. Thc valuc ofscrvi¢e$ proV¢d by volunt¢¢rs hos not bc¢n i11¢d. (¢) Grants. i11Uding gTaTrts for ihe purc15¢ of fixed assets whcrc applicabk, ar¢ r¢¢o¥Jiis¢d in full ill Ilie Sihtemeni of Financial Aciivitics in di¢ y¢ar iii ll,Iii¢li ih¢y are receivable. (f) Inc18 resowc¢s froiii invcstsiients is included wlien receivable. (&) Rcsourccs ¢xp¢tLded ore r¢¢o8nised in ihe period in i¥liich ilicy arc Incu¢d. R¢soiircci e.YpetLdcd includc allriiwthble VAT Ihat r¢¢ov¢r¢d. (h) Suw c051s include c¢nty41 fWh¢t1Th ynd hav¢ been allocated io aciivity cost ¢oie8ories on the basis ofr¢1cnI starrtim¢. (i) cVernnce ¢051s iDclud¢ ¢osi$ ofili¢ pr¢pAraiion and examinlon of 5tott110ry accoimis. Ili¢ wsts oftrusi¢¢ iii¢eiin8s and cosi ofany legal advi¢c to Iru$i¢¢8 on 80vern8nrL or consiituliomil mailers. (i) Unrcsiricied funds ar¢ donations and other in¢1n8 rcsow¢Ls rc¢civabl£ or generuled for th¢ obj¢cis oftlie of8ani5aiion wi¢h<yJt furtlicr spc¢ified Pllrpox 4nd are availablc as general fund5. (k) Tan8ible fixcd assets are S1¢ al wsl les$ deprecia111. Depwialion is provided at rates cal¢ulaied ¢0 ivril¢ off ih¢ $1 Icss SIdual valug oi'er eoch asset's exFKci¢d usefiil lif¢, 88 follows... Fumiture. equipmeni ond computer equipment SlTaiglii line

INHA BAPTI CH {ACOMPANY LIMllTt) BY GuARAE NOTMAVTr A SHAREeATAL REPORT AND FtNANCtAL STATEMEN13 FOR THK YEAR ENDED 31 MARCH 2023 COMPAJYY RKGisfRATION NO. IIMb95042 CHARITY COMMI&8ION 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 2023 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