**Registered Charity No - 1182099** 

## CENTRO FAMILIAR VIDA NUEVA LONDRES 

Trustees’ Report and Accounts For the Year Ended 30 November 2024 



|**CONTENTS**|**PAGE**|
|---|---|
|Legal and Administrative Details|**3**|
|Trustees' Report|**4**|
|Independent Examiners’ Report|**7**|
|Statement of Financial Activities|**8**|
|Balance Sheet|**9**|
|Notes to the Accounts|**10**|



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## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 NOVEMBER 2024** 

|**Trustees**|Maritza Elizabeth Stacey Castro (Chair)|
|---|---|
||Jose Rodrigo Aguiar Delgado|
||Carlos Fabian Real Velasco|
|**Charity registered Number**|1182099|
|**Date of Charitable Registration**|18thFebruary 2019|
|**Principal office**|11 Auckland Gardens|
||Norwood|
||London|
||SE19 2DU|
|**Independent examiners**|Accounting Assist Ltd C/o Good to Give Ltd|
|**Bankers**|Lloyds Bank|



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## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024** 

The Board of Trustees, who are the trustees for charity law purposes, submit their annual report and the financial statements of Centro Familiar Vida Nueva Londres for the year ended 30 November 2024. The Board of Trustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities (revised 2005). 

## **Structure, governance and management** 

## **The 3 Trustees are:** 

Maritza Elizabeth Stacey Castro (Chair) Jose Rodrigo Aguiar Delgado Carlos Fabian Real Velasco 

The Trustees remain committed to advancing the Christian religion and providing recreational facilities and leisure activities for members of the community such as youth, elderly, infirm or disabled, or suffering from social or financial hardship.  The main objective is to improve the life of the public. 

## **Governing Document:** 

Centro Familiar Vida Nueva Londres is charitable organisation registered on 18[th] February 2019.  The Charity is governed by its Memorandum and Articles of Association incorporated on 8[th] June 2018 as amended by special resolution registered at Companies House on 28[th] January 2019. 

## **Recruitment and appointment of Trustees:** 

The members of the General Trustee Board are trustees for the purpose of charity law. New trustees maybe appointed by resolution of a meeting of the trustees. 

Much of charity’s work focuses upon promotion of Christian Faith, and the running and maintenance of its places of worship. 

The General Trustee Board seeks to ensure that the needs of this group are appropriately reflected through the diversity of the trustee body.  To enhance the potential pool of trustees, The charity has , through selective advertising and networking with voluntary organizations active in the sector, sought to identify those who would be willing to become trustees of the charity and use their own experience to assist the charity. 

## **Risk Management:** 

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserve stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have alco examined other operational and business risks which they face and confirm that they have taken steps to mitigate the significant risks. 

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## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024** 

## **Public Benefit:** 

The Trustees have complied with the duty in Section 4 of the Charities Act 2006 and have paid due regard to public benefit when preparing this report. The benefit provided to the public is consistent with the aims of the charity in UK. 

## **Objectives and activities:** 

To advance the Christian religion for the benefit of the public in accordance with the statement of Faith appearing in the schedule to promote for the benefit of the inhabitants of London and the surrounding area.  The provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, Age, infirmity or disablement, financial hardship; or social and economic circumstances or for the public at large in the interest of social welfare and with the object of improving the condition of life of the said inhabitants. 

## **Financial review:** 

The Trustees have prepared the accounting policies for Centro Familiar Vida Nueva Londres in accordance with the requirements of the applicable SORPs and of the best accounting practice. 

## **Plans for future periods:** 

The Charity plans to develop a new fundraising strategy to include mass marketing. Besides mass marketing and events, the charity is aiming to achieve its targets through securing donations from willing individuals. A development board may be created to help include other avenues of fundraising to be included in the yearly programme. 

## **Statement of Board of Trustees’ responsibilities** 

The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. 

Charity law applicable to charities in England/Wales requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the Board of Trustees have: 

- Selected suitable accounting policies and applied them consistently, 

- Made judgments and estimates that are reasonable and prudent, 

- Stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- Prepared the financial statements on a going concern basis (unless it is inappropriate to presume that the Charity will continue in operation). 

The Board of Trustees has overall responsibility for ensuring that the Charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records which 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 1993. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. 

The Board of Trustees is responsible for the maintenance and integrity of the corporate and financial information included on the Charity's website. Legislation in the United Kingdom governing the **5 |** P a g e 



TRUSTEL8' REPORT
FOR THE YEAR ENDED 30 NOVEMBER 21n4
preparation and diss¢mination of fin￿¢1￿1 sl8t¢mcnts may diffcr from 1c8iilation in oth¢r
jUTi5dicticw.
Ststeme•t of dts¢losure of Infom*ilon to Independent eumlner
We. as the TnLStees of the Charity who beld office at the date of approval of the3e fuwicial 8tstements
s s¢t out on ￿ge 3 each confum. so f8r as w¢ are aware, that:
There is no relevant inforn*tion of wbi¢b the Charitys independent cxaminer are unawarc;
and we bavc tak¢n all the steps that we ought lo have taken as Tnjstees in order lo mak¢
our5elve5 awar¢ of any relevant infortnalion and to establish that the Charity's indyndcnl
examiner is aware of that informaiiorL
This rel￿ w&5 approved by the Trustxs on aDd signed on their b¢half by:
Slgnatu
D#te...
10.l os ! 202s
61P48e

## **INDEPENDENT EXAMINER`S REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024** 

## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CENTRO FAMILIAR VIDA NUEVA LONDRES** 

I report on the financial statements of the charity for the year ended 30 November 2024 which comprise the Statement of Financial Activities and Balance Sheet with associate notes. 

This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my examination work. 

## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** 

The charity's Trustees are responsible for the preparation of the financial statements, and they consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed. 

It is my responsibility to: 

- Examine the accounts (under Section 145 of the Charities Act); 

- To follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145(5)(b) of the Charities Act); and 

- To 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 Group/District 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 no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

## **Independent Examiner's statement** 

In connection with my examination, no matter has come to my attention: 

   - 1) which gives me reasonable cause to believe that in any material respect the requirements: 

      - to keep accounting records in accordance with section 130 of the Act; and 

- to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act 

- have not been met; or 

   - 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. 

**Signed: Dated:** 16/05/2025 

**Anum Hassan, FCCA** 

On behalf of Accounting Assist Ltd 

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## **STATEMENT OF FINANCIAL ACTIVITIES** (Incorporating Income and expenditure account) **FOR THE YEAR ENDED 30 NOVEMBER2024** 

|||**Unrestricted**|**Restricted**|**Total Funds**|**Total Funds**|
|---|---|---|---|---|---|
|||**2024**|**2024**|**2024**|**2023**|
||**Notes**|**£**|**£**|**£**|**£**|
|**Incoming resources**||||||
|General Offerings||37,994|-|37,994|47,090|
|Gift Aid||4,887|-|4,887|5,542|
|**Total Incoming resources**|**2**|**42,881**|**0**|**42,881**|**52,632**|
|**Resources expended**||||||
|Resources Expended||61,813|-|61,813|44,923|
|Governance costs||4,363|-|4,363|1,229|
|**Total Resources expended**||**66,176**|**0**|**66,176**|**46,152**|
|Movement in total fund for the year-||||||
|Net income / (expenditure) For the||**-23,295**|**0**|**-23,295**|**6,480**|
|year||||||
|Fund balance brought forward||**27,598**|**0**|**27,598**|**21,118**|
|Fund balance carried forward||**4,303**|**0**|**4,303**|**27,598**|



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BALANCE SHEET
AS AT JO NOVEMBER 1024
2•14
279
27J
415
-742
27J98
The financial slatcmcnts were approved by the T￿￿e¢S and SI￿¢d on their behalf. by:
Signature
10.1.05 J&25
1be notes oo page5 10-12 forni part of these fiJJancial statenM¢s
91Pa8e

**NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2024** 

## **1. ACCOUNTING POLICIES** 

## **1.1 Basis of preparation of financial statements** 

The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005 and applicable accounting standards. 

## **1.2 Fund accounting** 

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. 

## **1.3 Incoming resources** 

All incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability. 

Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised where there is no financial cost borne by a third party. 

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 

## **1.4 Resources expended** 

Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocated on a basis consistent with the use of the resources. 

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. 

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the yearend are noted as a commitment but not accrued as expenditure. 

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## **NOTES TO THE FINANCIAL STATEMENT** _**(Continued)**_ **FOR THE YEAR ENDED 30 NOVEMBER 2024** 

## **1.5 Tangible Fixed Asset** 

Depreciation is provided at the following annual rates to write off each asset over its estimated useful life. 

## **Plant & Machinery** 

## **20% on reducing balance** 

## **2. VOLUNTARY INCOME** 

|Donations from Individuals<br>Gift Aid<br>**Total Income**|**Total**<br>**2024**<br>**£**<br>**Total**<br>**2023**<br>**£**<br>37,994<br>47,090<br>4,887<br>5,542|
|---|---|
||**42,881**<br>**52,632**|



## **3. TRUSTEE’S EXPENSES** 

The Payments to Trustees totalled £0 during year ended 30[th] November 2024. 

## **4. TANGEBLE FIXED ASSET** 

|**COST**<br>At 1 December 2023<br>At 30 November 2024<br>**DEPRECIATION**<br>At 1 December 2023<br>Charge for the Year<br>At 30 November 2024<br>**NET BOOK VALUE**<br>At 1 December 2023<br>At 30 November 2024|**£**<br>**3,213**|
|---|---|
||**3,213**<br>**2,160**|
||**211**|
||**2,371**<br>**1,053**|
||**842**|



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## **NOTES TO THE FINANCIAL STATEMENT** _**(Continued)**_ **FOR THE YEAR ENDED 30 NOVEMBER 2024** 

**5. CREDITORS: AMOUNT FALLING DUE WITHIN ONE YEAR** 

|Other Creditors<br>**Total**|**Total**<br>**2024**<br>**£**<br>**Total**<br>**2023**<br>**£**<br>815<br>742|
|---|---|
||**815**<br>**742**|



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