# **ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE PERIOD ENDED 1ST FEBRUARY 2025** ## **INHERIT LIFE MINISTRIES** ## **CHARITY REGISTRATION No. 1188173** Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG ## **INHERIT LIFE MINISTRIES** ## **CONTENTS** |Page 3|Legal and Administrative Information.| |---|---| |Page 4 - 5|Trustees' Report.| |Page 6|Independent Examiner's Report on the accounts.| |Page 7|Statement of Receipts and Payments.| |Page 8|Statement of Assets and Liabilities.| |Pages 9|Notes to the Accounts.| 2 ## **INHERIT LIFE MINISTRIES** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **CHARITY NUMBER** ## **START OF FINANCIAL PERIOD** ## **END OF FINANCIAL PERIOD** **TRUSTEES SERVING DURING AND AFTER THE PERIOD** ## **GOVERNING INSTRUMENT** ## **OBJECTS** 1188173 2nd February 2024 1st February 2025 Dr L Gogbashian (Chair) Dr A Gogbashian J Tolo L Mokhof Rev A White CIO - FOUNDATION Registered 25 Feb 2020 THE OBJECTS OF THE CIO ARE: • (1) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF FAITH APPEARING IN THE SCHEDULE HERETO IN LONDON AND SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY • (2) TO RELIEVE PERSONS WHO ARE IN CONDITIONS OF NEED OR HARDSHIP OR SICKNESS AND TO RELIEVE THE DISTRESS CAUSED THEREBY, INCLUDING BUT NOT BY WAY OF LIMITATION THROUGH THE PROVISION OF EDUCATION, FUNDS, GOODS OR SERVICES IN SUCH PARTS OF LONDON, THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT. ## **REGISTERED ADDRESS** 24 Marsh Lane London NW7 4PQ ## **PRIMARY BANKERS** CAF Bank LTD 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 4JQ ## **INDEPENDENT EXAMINER** Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG 3 ## **INHERIT LIFE MINISTRIES** ## **TRUSTEES REPORT** ## **FOR THE PERIOD ENDED 1ST FEBRUARY 2025** ## **OBJECTIVES AND ACTIVITIES** The principal activity of the charity is the advancement of the Christian faith through regular public worship, biblical teaching, and Christian fellowship. In furtherance of its objects, the charity conducts weekly services, provides pastoral care and prayer support to individuals in need, and organises teaching events and conferences. Through these activities, the charity seeks to share the Christian faith with the local community, provide spiritual support and discipleship, and demonstrate Christian compassion through practical service to those in need within London and beyond. ## **ACHIEVEMENTS AND PERFORMANCE** During the year under review, Inherit Life Ministries has continued to conduct weekly Sunday services at Sunnyfields School, Hendon (London Borough of Barnet). These services remain central to our charitable objective of advancing the Christian faith, providing regular opportunities for public worship, biblical teaching, and Christian fellowship. In addition to weekly services, ILM has undertaken community outreach and provided prayer support to individuals within Barnet and across London. These activities contribute to our wider aim of serving the community and sharing the Christian faith. ## **FUTURE PLANS** Looking forward, the trustees intend that ILM will continue to serve the local community through ongoing Sunday services, Christian teaching, and outreach initiatives. Plans for the forthcoming year also include the organisation of at least one conference to further our charitable objectives. ## **FINANCIAL REVIEW** Total incoming resources for the period were £10,355. Total resources expended were £10,250. A full review of the financial position of the charity can be found on the attached financial statements. ## **PUBLIC BENEFIT** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 4 INHER ￿ LIFE MINISTRIES TRUST¢ES REPORT FOR THE PERIOD ENPED 1ST FEBRUARY 2025 TRUSI&SRE5PONSIJILmE5 2011 iequiiethe trusi•ttwpr¢parFfinancial statèthpntsfor •4chfinar*i?l yeai.ln preparin9 thtye Iinonc415t4t•m•ni& re to M?ke jud9•mÈrns•rd e5umaresthat•￿ rea%)nabl•ard prudÈrtT". Pr•pa¢è&nJDcvAIst4tèmèThts￿th0sL￿￿9C￿¢*￿￿bas19unles3rt ￿￿￿Ppropriat•tuPr•￿￿MeIh1tthpIi￿51Wlll Cortin￿￿1￿ÈxmtyK4. I￿$t￿& arè t¢5ponJiblo k¢*pl￿ prop•rattOurtiry re(L￿ds.￿h￿h dts¢lo5ewith ￿￿kinablèacCufI£y1t afjy Iimèiho fihar*￿11PO5￿i(￿ ofihè tryst They0t•alsorèsp￿hsibIO lorsèlo9uÈrdry th*ass•TsofthÈ t￿￿t￿nd lor taking reè5cw4bl• stepsloi T￿Pr￿EntI￿ and d•TÈeTH)n and -,111 /7 cJ2f ... Apprmd byTtr*Ttvs¢oOSQn......---...-.................... . ....- .............. Swnvd <￿t￿l￿&￿h￿Ifby........ SynJtu¢è ## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS** Report to the trustees/members of Inherit Life Ministries on the accounts for the period ended 1st February 2025 set out on pages 7 to 9. ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The charity's trustees consider that an audit is not required for this period (under section 144 (2) of the Charities Act 2011) and that an independent examination is needed. It is my responsibility to: - examine the accounts (under section 145 of the 2011 Act), - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act), and - to state whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINER'S STATEMENT** My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation 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 the 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 the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that: - proper accounting records are kept (in accordance with section 130 of the Act); and - 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. .................................................................................... Lomax Pavey Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG 24th November 2025 6 ## **INHERIT LIFE MINISTRIES** ## **STATEMENT OF RECEIPTS AND PAYMENTS FOR THE PERIOD ENDED 1ST FEBRUARY 2025** |Notes
**RECEIPTS :**
Donations and Gifts
**2a**
**TOTAL RECEIPTS**
**PAYMENTS :**
Costs of Charitable Activities
**3a**
**TOTAL PAYMENTS**
**NET INCOMING/(OUTGOING) RESOURCES**
Cash Funds Brought Forward
**CASH FUNDS CARRIED FORWARD**|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**2025**
**2024**
£
£
**£**
**£**
10,355
-
10,355
14,825| |---|---| ||**10,355**
**-**
**10,355**
**14,825**| ||10,250
-
10,250
14,517| ||**10,250**
**-**
**10,250**
**14,517**| ||**106**
**-**
**106**
**308**
39,276
-
39,276
38,968| ||**39,381**
**-**
**39,381**
**39,276**| The notes on page 9 form part of these accounts. All operations are continuing operations. 7 INHERif UFE MINISTRIES STATEMENT OF ASSETS ANP UABIl￿1Es FOR THE KRIOLI ENOED 1ST FEBRUARY 2025 Lknr•sTnetÉd Fund Pe9tncted Fund l-F•b-25 1.F•b.24 Tothl FU￿d￿. Bank 39.381 39276 LIA$IUTIts IndependÈnt E¥4miopTS Feè 330 330 3rJ) 330 330 300 TrUS￿RIsp0￿51WLM￿I￿ft￿￿0NTO FINANaALSTATrieiTS ChèfjtyLaw fè4uii2sttETcuSTO8SToprepaiefin?n(ialsIèT0ffnontslore?chfina￿￿IPor￿￿￿h4¢h¢wp￿with theM9ulJtAXS gèt ihthe Charit4F5Act 2011 TheTruSi*ÈS ￿￿eP￿ted totakèèdvants9eofthF pro11s￿NsI￿T appkyto Yn411C￿r￿l*s prepared 4 Recthpts4nd d Stit¢mentgI￿￿•1slttd Liatsilitve5whKharèsèttutc￿P49￿5 7•nd 8. *pr￿*d bytheTiust•oS¢￿.-_--.-................... s9￿d ontlMTriibÈhaWby...................... 519nittsrè' ## **INHERIT LIFE MINISTRIES** ## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 1ST FEBRUARY 2025** ## **1. BASIS OF ACCOUNTING** The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements. |**2. RECEIPTS**
**a) Donations and Gifts**
Donations
Bank Interest
**3. PAYMENTS**
**a) Costs of Charitable Activities**
Gifts
Hall Hire
Software
Bank Charges
Subscriptions & Licenses
Insurance
Musician Hire
Professional & Marketing Fees
Stationary & Supplies
Honorarium
Independent Examiner's Fee|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**2025**
**2024**
£
£
**£**
**£**
10,275
-
10,275
14,743
81
-
81
81| |---|---| ||**10,355**
**-**
**10,355**
**14,825**| ||Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**2025**
**2024**
£
£
**£**
**£**
-
-
-
520
5,500
-
5,500
3,957
226
-
226
197
60
-
60
60
200
-
200
232
221
-
221
210
-
-
-
663
3,152
-
3,152
3,960
591
-
591
503
-
-
-
3,915
300
-
300
300| ||**10,250**
**-**
**10,250**
**14,517**| ## **4. RESTRICTED FUNDS** There were no restricted funds in this financial period. ## **5. TRUSTEES AND OTHER RELATED PARTIES** No payments were made to trustees or any persons connected with them during this financial period. Trustees A Gogbashian and L Gogbashian made regular donations to the Church throughout the year. No other material transaction took place between the organisation and a trustee or any person connected with them. 9