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<br>LEGAL AND ADMINISTRATIVE INFORMATION<br>FOR THE YEAR ENDED 31 DECEMBER 2024<br>Trustees Olga Beatriz Curisaca Ortiz<br>Fanny Elena Valle LLumigusin<br>Julio Alfredo Sarzosa LLerena<br>Charity Number 1185948<br>Registered Office Flat 6, Q Block<br>Peabody Estate<br>London<br>W6 9QU<br>Bankers Lloyds Bank plc<br>25 Gresham Street<br>London<br>EC2V 7HN<br>Independent Examiner Accounting Assist Ltd - Chartered Certified Accountants<br>7 Bell Yard<br>London<br>WC2A 2JR<br>**----- End of picture text -----**<br>


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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 TrU￿e<S lilled aikive Tryulwly •nd ply * rol¢ in ensuring go￿7
ovem8nc¢
the
ndioning
chmty.
Th¢ chLriN. hRs a 5tronB team of advisLtyy board members in the UK who help to 5CCUf¢
f￿ana#1 support and contrilxrt¢ to the orB•niSOllon's plAnnin8.
ernhbz dlxumeni:
Minijteno illl¢rn•cii￿l Fu¢Dts D¢ Vida is goY¢rned by its mcmw￿uM and Articles of
A1X￿"t1110￿ In(￿p￿*d 18 Felwuwy W19. And rtysiernj ￿ a Chwiithble orw1￿1
cffl 23 (knob¢r 2Ql9.
The Tn￿CeS 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 cx*ni￿d o¢ber (oernti(￿￿1 and t￿sIn￿ risks ￿ld ujifimi th
Iipwoixw¢e measureg qr¢ in pJaM w mitiwe Si￿lfi￿¢ risks.
PubU¢ Benefft
Th¢'Yn￿¢cS have complied with their dul) under Se￿10￿ 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
Gr￿l-MAkI￿1 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￿￿$ rr4xm￿ble 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 rcFM*t was apwived by the trW¢e md si8ned its b￿￿1T by.
Siyiied
N￿lle., Olyy Be￿￿Z 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: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- 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. 

- 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**<br>**Income and**<br>**endowments from:**<br>Donations and<br>legacies<br>2|**Unrestricted**<br>**funds**<br>**£**<br>**Total Funds**<br>**2024**<br>**£**<br>**Total Funds**<br>**2023**<br>**£**<br>52,249<br>52,249<br>48,738<br>**52,249**<br>**52,249**<br>**48,738**<br>6,873<br>6,873<br>7,714<br>21,475<br>21,475<br>19,644<br>1,050<br>1,050<br>3,250<br>**29,398**<br>**29,398**<br>**30,608**<br>**22,851**<br>**22,851**<br>**18,130**|
|---|---|
|**Total**||
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|**Expenditure on:**||
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|Raising funds||
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|Charitable activities<br>3||
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|Other<br>5||
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|**Total**||
|**Net**<br>**income/(expenditure)**<br>**Net movement in**<br>**funds**||
||**22,851**<br>**22,851**<br>**18,130**<br>153,489<br>153,489<br>135,359<br>**176,339**<br>**176,339**<br>**153,489**|
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|**Reconciliation of**<br>**funds:**<br>Total funds brought<br>forward<br>**Total funds carried**<br>**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
T￿￿1b1¢ 4s8rfs
6.127
Totsl flxed •sJets
127
Curmi wJ¢ts
Debtors
0.783
C*sh at
155.089
Tot￿ ¢UTreaf
17&688
15S089
C￿d110r$. fall￿8
du# withtn one y¢ar
5.476
Ntl turrtnt
¥¢tsllllibllldv)
17V12
153.489
Totsl nel or Il*blUrf
176.339
Futtdi uf ihe CThArlTr
Unr¢sthc*d Ilmds
10
170,339
153.489
Rc#naed inc4xne fi￿d5
io
F￿dowmenl fimd$
10
To¢al fond#
176J39
The financiAI sthiemenij were •pwov¢d by Ihe 14 (￿Ober 2025 Attd si8ned on
1¢$ beh￿rty,
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<br>£ £ £<br>Donation<br>45,100 45,100 45,777<br>and gifts<br>Gift Aid 7,149 7,149 2,961<br>52,249 52,249 48,738<br>3. Expenditure on Charitable Activities<br>Total funds 2024 Total funds 2023<br>Analysis  £ £<br>Charity management &  -<br>2,001<br>administration<br>Printing and stationery - 1,324<br>-<br>Ministry 5,207<br>**----- End of picture text -----**<br>


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Charitable Activities 10,681 3,088<br>Support Costs 8,793 10,025<br>21,475 19,644<br>4. Support Costs<br>Total funds 2024 Total funds 2023<br>Analysis  £ £<br>Rent 12,197 10,983<br>Motor & Travel 200 2,570<br>General Insurances 270 257<br>Subscriptions 312 193<br>Software, IT & Support 766 1,425<br>Governance Costs<br>Accountants fees 1,920 2,311<br>15,666 17,739<br>5. Other Expenditure<br>Unrestricted funds Total funds 2024 Total funds 2023<br>Analysis<br>£ £ £<br>Other<br>1,050 1,050 3,250<br>Expenditure<br>1,050 1,050 3,250<br>6. Tangible Fixed Assets<br>Computer<br>Equipment<br>£<br>6.1 Cost or valuation<br>-<br>At 01 January 2024<br>Additions 6,127<br>-<br>Disposals<br>Revaluations -<br>Transfers -<br>At 31 December 2024 6,127<br>6.2 Depreciation and impairments<br>-<br>At 01 January 2024<br>-<br>Charge for the year<br>**----- End of picture text -----**<br>


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-<br>Disposals<br>Revaluations -<br>Transfers -<br>At 31 December 2024 -<br>6.3 Net book value<br>-<br>At 01 January 2024<br>At 31 December 2024 6,127<br>7. Cash at bank and in hand<br>Total funds 2024 Total funds 2023<br>£ £<br>Cash at bank and in hand 168,905 155,089<br>168,905 155,089<br>8. Creditors: Amounts falling due within one year<br>Total funds 2024 Total funds 2023<br>£ £<br>Trade creditors 5,476 1,600<br>5,476 1,600<br>9. Debtors<br>Total funds 2024 Total funds 2023<br>£ £<br>Gift Aid 6,783 -<br>-<br>6,783<br>**----- End of picture text -----**<br>


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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<br>balances  Gains and  balances<br>Income Expenditure Transfers<br>Fund names brought  losses carried<br>forward forward<br>£ £ £ £ £ £<br>Unrestricted<br>funds<br>- -<br>153,489 52,248 29,398 176,339<br>Total 153,489 52,248 29,398 - - 176,339<br>10.2 Details of material funds held and movements during the PREVIOUS<br>reporting period<br>Fund  Fund<br>balances  Gains and  balances<br>Income Expenditure Transfers<br>Fund names brought  losses carried<br>forward forward<br>£ £ £ £ £ £<br>Unrestricted<br>funds<br>- -<br>135,359 48,738 30,608 153,489<br>Total 135,359 48,738 30,608 - - 153,489<br>**----- End of picture text -----**<br>


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