C a ty eg st at o Nu be
Charity Registration Number : 1185948
MINISTERIO INTERNACIONAL FUENTE DE VIDA A CHARITABLE INCORPORATED ORGANISATION TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
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MINISTERIO INTERNACIONAL FUENTE DE VIDA
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees Olga Beatriz Curisaca Ortiz
Fanny Elena Valle LLumigusin
Julio Alfredo Sarzosa LLerena
Charity Number 1185948
Registered Office Flat 6, Q Block
Peabody Estate
London
W6 9QU
Bankers Lloyds Bank plc
25 Gresham Street
London
EC2V 7HN
Independent Examiner Accounting Assist Ltd - Chartered Certified Accountants
7 Bell Yard
London
WC2A 2JR
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MINISTERIO INTERNACIONAL FUENTE DE VIDA
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|CONTENTS|
|FOR THE YEAR ENDED 31 DECEMBER 2024|
|Trustees' Report|4|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9|
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MINISTERIO INTERNACIONAL FUENTE DE VIDA
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024 .
Objectives and Activities
The principal purpose of the Church is the advancement of the Christian faith in accordance with the Statement of Beliefs.
The Church may also provide education and training, the prevention or relief of sickness and poverty, religious activities, and carry out other charitable purposes throughout London.
In reviewing objectives and planning activities, the Trustees have given careful consideration to the Charity Commission’s guidance on advancing the objectives set out above. The Trustees consider that the current activities detailed in this report deliver public benefit.
The main objectives for the year were:
Provide goods and meals to those experiencing hardship
Provide education and training
Provide services
Provide advocacy, advice, and information
Achievements and Performance
For 2023 we developed a new plan to establish a daughter church in La Paz, Bolivia, working in partnership with a local church, Aposento Alto Libres en Cristo, to support the Qalahuma Rehabilitation Centre for young men.
We have begun the process of securing all necessary permits with the Bolivian Embassy in London and with the authorities in Bolivia.
Plans for Future Periods
Future priorities are being considered by the Trustees in association with the church leadership team.
This approach allows us to build on current achievements while nurturing and growing the Ministry to meet the needs and aspirations of Christians in the UK and worldwide.
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Govenwice M4naeemtnt The TrUe<S lilled aikive Tryulwly •nd ply * rol¢ in ensuring go7 ovem8nc¢ the ndioning chmty. Th¢ chLriN. hRs a 5tronB team of advisLtyy board members in the UK who help to 5CCUf¢ fana#1 support and contrilxrt¢ to the orB•niSOllon's plAnnin8. ernhbz dlxumeni: Minijteno illl¢rn•ciil Fu¢Dts D¢ Vida is goY¢rned by its mcmwuM and Articles of A1X"t1110 In(pd 18 Felwuwy W19. And rtysiernj a Chwiithble orw11 cffl 23 (knob¢r 2Ql9. The TnCeS Irc committ¢d ¢0 idethiifyin& llK¥Utw md rijks mi8hi •dvusrly the chan'¢y's 1ville The nCIpal nsk Is lis depend¢nce on voluww tncom¢. pmwt5 haie been Impl¢m¢nied io mwnlwn Jufficicnf resw/es to mwia8e Ver¥< c(Kiditlim5. Thc TTusl¢¢b have cxnid o¢ber (oernti(1 and tsIn risks ld ujifimi th Iipwoixw¢e measureg qr¢ in pJaM w mitiwe Silfi¢ risks. PubU¢ Benefft Th¢'Yn¢cS have complied with their dul) under Se10 4 ofthe Charities 2006 ond h•ve rrfld due Tt8ard io benefii 8wdonce 155u¢d by the Charity Cojnmissio Th¢ kntfrt provitsl io Ih¢ public is conMAeni with the Wms ofthe chwjty within the UK Grl-MAkI1 Polkl Th¢ Church provides supwKt lo of the c<xwwuon lai the th'scrtion of th¢ leadership T¢oml who are in ne Trwtee•' RegpowlblUiie• Th¢ Tn$ rr4xmble for th'$ Annud RqKrt and lh¢ finAncial st4t¢anenlJ in accordJD¢¢ with wpplirailc law and Unrt¢d Kill8thyn Generftlty A¢e¢pirA Aemtin8 Practice. This rcFMt was apwived by the trW¢e md si8ned its b1T by. Siyiied Nlle., Olyy BeZ C".urisKa (kniz D* .' 14 October 2025
MINISTERIO INTERNACIONAL FUENTE DE VIDA
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examiner’s Report to the Trustees of Ministerio Internacional Fuente De Vida
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which consists of the statement of financial activities,balance sheet and the related notes
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I am qualified to undertake the examination by being a qualified member of ACCA
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Date: 15/10/2025
Name: Anum Hassan, FCCA
for and on behalf of Accounting Assist Ltd - Chartered Certified Accountants
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MINISTERIO INTERNACIONAL FUENTE DE VIDA
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
| Notes Income and endowments from: Donations and legacies 2 |
Unrestricted funds £ Total Funds 2024 £ Total Funds 2023 £ 52,249 52,249 48,738 52,249 52,249 48,738 6,873 6,873 7,714 21,475 21,475 19,644 1,050 1,050 3,250 29,398 29,398 30,608 22,851 22,851 18,130 |
|---|---|
| Total | |
| Expenditure on: | |
| Raising funds | |
| Charitable activities 3 |
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| Other 5 |
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| Total | |
| Net income/(expenditure) Net movement in funds |
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| 22,851 22,851 18,130 153,489 153,489 135,359 176,339 176,339 153,489 |
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| Reconciliation of funds: Total funds brought forward Total funds carried forward |
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MINISTERIO IN'I'ERNACIONAL FIIENTE DE I'IDA BAIANCF. SIIEET FOR THE YEAR ENDED 31 DECEMBER 2024 Totsl Futtda 2024 Totsl Fundj 20U NIX Fix¢d T1b1¢ 4s8rfs 6.127 Totsl flxed •sJets 127 Curmi wJ¢ts Debtors 0.783 Csh at 155.089 Tot ¢UTreaf 17&688 15S089 Cd110r$. fall8 du# withtn one y¢ar 5.476 Ntl turrtnt ¥¢tsllllibllldv) 17V12 153.489 Totsl nel or IlblUrf 176.339 Futtdi uf ihe CThArlTr Unr¢sthcd Ilmds 10 170,339 153.489 Rc#naed inc4xne fid5 io Fdowmenl fimd$ 10 To¢al fond# 176J39 The financiAI sthiemenij were •pwov¢d by Ihe 14 (Ober 2025 Attd si8ned on 1¢$ behrty, Signed.. Olu• Be4mz Cwisaca Ornz D.. /é/io
MINISTERIO INTERNACIONAL FUENTE DE VIDA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2. Income from Donations and Legacies
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Analysis Unrestricted funds Total funds 2024 Total funds 2023
£ £ £
Donation
45,100 45,100 45,777
and gifts
Gift Aid 7,149 7,149 2,961
52,249 52,249 48,738
3. Expenditure on Charitable Activities
Total funds 2024 Total funds 2023
Analysis £ £
Charity management & -
2,001
administration
Printing and stationery - 1,324
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Ministry 5,207
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Charitable Activities 10,681 3,088
Support Costs 8,793 10,025
21,475 19,644
4. Support Costs
Total funds 2024 Total funds 2023
Analysis £ £
Rent 12,197 10,983
Motor & Travel 200 2,570
General Insurances 270 257
Subscriptions 312 193
Software, IT & Support 766 1,425
Governance Costs
Accountants fees 1,920 2,311
15,666 17,739
5. Other Expenditure
Unrestricted funds Total funds 2024 Total funds 2023
Analysis
£ £ £
Other
1,050 1,050 3,250
Expenditure
1,050 1,050 3,250
6. Tangible Fixed Assets
Computer
Equipment
£
6.1 Cost or valuation
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At 01 January 2024
Additions 6,127
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Disposals
Revaluations -
Transfers -
At 31 December 2024 6,127
6.2 Depreciation and impairments
-
At 01 January 2024
-
Charge for the year
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-
Disposals
Revaluations -
Transfers -
At 31 December 2024 -
6.3 Net book value
-
At 01 January 2024
At 31 December 2024 6,127
7. Cash at bank and in hand
Total funds 2024 Total funds 2023
£ £
Cash at bank and in hand 168,905 155,089
168,905 155,089
8. Creditors: Amounts falling due within one year
Total funds 2024 Total funds 2023
£ £
Trade creditors 5,476 1,600
5,476 1,600
9. Debtors
Total funds 2024 Total funds 2023
£ £
Gift Aid 6,783 -
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6,783
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10. Charity funds
10.1 Details of material funds held and movements during the CURRENT reporting period
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Fund Fund
balances Gains and balances
Income Expenditure Transfers
Fund names brought losses carried
forward forward
£ £ £ £ £ £
Unrestricted
funds
- -
153,489 52,248 29,398 176,339
Total 153,489 52,248 29,398 - - 176,339
10.2 Details of material funds held and movements during the PREVIOUS
reporting period
Fund Fund
balances Gains and balances
Income Expenditure Transfers
Fund names brought losses carried
forward forward
£ £ £ £ £ £
Unrestricted
funds
- -
135,359 48,738 30,608 153,489
Total 135,359 48,738 30,608 - - 153,489
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