Clianli, Numbcr 1185224 ASSEMBLY OF GOD SOIVERS OF GOOD NEWS MI,YISTRJES TRIJSTEES. REPORT AND FINANCIAL STATE,%IEITS FOR THE YEAR ENDED 3110712023 ASsF.m￿l,y OF COD.SOIVb:R4i or c()OD NTr'WS .N11.Nl(i'fRIF.S C.i)nlL'nl Lcg.1111nd ndiii iiiislrolii'c iiiforiiiation Tnistccs rcport IndLpcndcnt Ex¢wiiincr's Rcport Staiciiicnt of financiol actii'ilics Bala￿e¢ Slicct Notcs to Ihc financial statcments ASSEMBLY OF GOD SOWERS OF GOOD NEWS MINISTRIES CHARITY INFORMATION FOR THE YEAR ENDED 3110712()23 TRUSTEES: Marta Ghezzi Silmar Ghezzi Bruno Santos REGISTERED OFFICE. CIO Braemaf Avenue Ba￿St Church 8raemar Avenue Wood Green London N22 78Y CHARITY NUMBER: 1185224 ACCOUNTANTS: Calculo Consultancy 3rd Floor. Office S London SIMX 7LY Trustees- report for the year ended 31•1 July 2023 The trustees present their annual report and finanual statements for the year ended 31 •1 July 2023 The trustees have adopted the provisions ofthe Slatement Pracbce Accounbng and Reportsng by Charrties Issued In March 2005 In preparing the annual rewrt and financial statement of Ihe charity The objects of the charity are: 1 To advance the ChTistsan faith for the public benefit In such ways and In such parts of the United Kingdom as Ihe trustees from t me to time may think fit. 2 To relieve sickness and finanoal hardship and to promote and preserve good health by the provision of funds goods or services of any kjnd. Including through the provision of counselling and SUPFX)rt In such parts of the United Kingdom as the truslees from time to bme think fit. and 3 To a(fvance educatson for the put4ic t*nefit In such ways and in such parts of the United Kjngdom as the trustees from me to tsme may think fit. The trustees meet regularly to manage the charity affairs The charity has many volunteers dunng the year Transactlons and flnancial posltlon The statement of financial athvthes shows a net profit of £0 Flxed Assets There were no fixed assets in the year ended 31* July 2023 Fund avallable The present level of funding is adequate to SUPFX)rt the contsnuabon of the charrty pnncipal actvibes now In operatson for the med um term. and the trustees consider the financial FK)sitson of the charity to be satisfactory Rlsk Management The trustees artvely review the major risks which th8 chanty faces on a regular basis and ￿lieve that maintaining reserves at current levels, combined an annual review ofthe controls over key financial systems, will piovide sufficient resources In the event of a¢*rferse condtions. The trustees have also examined other operational and business risks faced by the chanty and confirm that they have established systems to mitsgate the significant nsks •1 Trustees" report for the year ended 31 July 21123 Chanty law requires the tiustees to prepare the financial statements for each finanaal year V￿th ove a true and fair view of the state of affairs of the charity at the year end and its Incoming resources and resources expended during that year In preparing those financial statements, the trustees are required to Select surtat4e accounting poliaes and then apply them consistenlly. Make Judgements and estymates that are reasonable and prudent. State whether apFAicable accounting Standards and 8tatements of recommended Pfathce have been followed 8ubJect to any departures disclosed and ex ￿ained In the financial statements, and Piepare the financial statements on the going concern basis unless It Is appropriate to txesume that the charity Mll conbnue In business The trustees are responsible for keepng proper accounbng records which di8dose V￿th reasonatle accuracy at any bme the finanaal position of Ihe charity and enable them to ensure that the finanaal statements comply wth the Charrties Act 2006 They are also responsible for safeguardng the assets of the charity and hence taknng reasonable ster8 for the preventson and detethon of fraud and other Irregularitses. Independent Examinatson A resoluton proposing that Vedant Patel be reappointed as independent examiner wll be put to the Annual General Meeting This reF()rt ￿as approved by the trustees on 26103r2024 and 8igned on its ￿half by Marta Ghezzi Trustee 26103r2024 ar hezzi Trustee 26103r2024 Bruno Santos Trustee 26/0￿2024 lTrdepentht Exwnlrf¥ Ilew To Ihe tfusleej A$5trnbty c4 Gcrfl Scwws olGood New* Min15tr1e I r•ty)n on the tsl th• churc* for th• y•8F •fided 31* Jthrf 7J2! ¥•t rm r•g•g *knc# rAeF4tetJ basèd on th• k¥YiO•I ift fft• r*gV5 Respe.*w• P•¥￿81￿￿Dff d ahd Wwhner Tts tTbS'.ees of l-e Ilxrfch are itspon*Ll• lor Ihè W•PW*fm d•t£othi& Ihoi th• •Jdl r•tywi•rn•Dt uAa•l s¢etsoD 4&2'. 0+ kne Ch•rtsH kt 1993 Itn• 1W43 Aci) • my EA•mine lh• x¢wnts Iovjii a•cth(ffi 4313) cllh• 1993*4 Fcli rjs ￿)0 011 ILVJ','.JaliLW) 23 9. Debtors There were no debtor8 In the year ended 31•1 July 2023 10-11. Credltors There %vere no creditors In the year ended 31 It July 2023 12. Movement of funds There %%'ere no movement of fundos In the year ended 31st July 2023 13. Employees There were no employees In the year ended 3111July 2023 14. Trustees Expenses There were no trustees, expenses i n the year ended 31Jt July 2023 15. Fees for examinatlon or audit the accounts There were no fees for examinatson or audit the accounts In thé year ended 31 rt July 2023 16. Granting There was no granting in the year ended 31•t July 2023 Dear Sirs, We confirm the following Informatlon In connectlon wlth the flnancSal statements for the year 31 ￿ July 2023 is. to be best of our knowledge and bolief, true and falr, bearlng In mlnd the requirements of the Charrties Act 1993. 1. General To the best our acknO￿ledge and belied all tr8nsathons undertaken have been properly recorded In the accounbng records and these financial statements and all relevant records have been gven to you l Accounting Pollcies The Accountngs policies used and detailed In the financial statements and are consistent wth those adopted In the previous fin8nual statements statement of Flnanclal Activlties - Except as dlsclosed in the financial statements. the resu Its for the year were not materlally affected by: transacbons of a sort not usually undertaken ty the charity circumstances of an excepbonal or non-recurrent nature charges or credts relatng to prior periods or Any change In the basis of accounbng. Any expenditure Included in the financial ststements (where receipts or vouchers were not available) was properly made In connecton wth the carrying on of the charity's business, unless specifically nobfied to you as being of a Fxivate nature Flxed Assets (£0> There were no fixed assets in the year ended 31¥t July 2023 5. Debtors (£O,Crf)) There y￿re no debtors In the year ended 31￿ Juty 2023 6. Other Current Assets (£0) There V+Ere no other current assets In the year ended 31 It July 2023. 7. Llabllities (£0) There were no Iiabilitses in the year ended 31 * July 2023. 8. Capltal Commltments There were no caFXtal commrtments In the year ended 31rt July 2023 9. Contingent Llabi1Sties There were no contsngent Iiabilrties in the year ended 31* July 2023. 10. Post Balance Sheet events No events have occurred betsveen 31 •t July 2023 and the date of this letter which could matenally affect the financial ststements, 11. Transactions wlth Trustees There were no transactsons trustees in the year ended 31 rt July 2023. 12. Other Related Party Transactlons There were no other related party transactsons in the year ended 31 •t July 2023. 13. Golng concern There Is no going concern after year ended 31 * July 2023. 12 14. Law and Regulatlons We confirm that the company has CoM￿led wth all law and regulatson8 rdevant of the aL*vitse8 of the charity during the year ended under external examinalion and that we have made availat4e all Such relevant Irrformation necessary for external examinabon purFK)ses Yours falthfully Marta Rocha Trustee 26103Q024 13