Charlty numb•r. 1189698 FIRST LOVE GLOBAL MINISTRIES UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FIRST LOVE GLOBAL 1•41STrIES R•fer¢n and AdmlnlJtsall¥• thtaknof th• Charlty. Ils TruJt••J and A4MMrn TN$t••s' Report Indop•ndont Exarnln*• R•wl Statèment of Fln•ncl•l Adfvllb•• Balan¢• Shlgt Notgs to th• Flnanel•l Stst•rn 8-14
IEEFERENCEAND ADMIN18TrATfvE DEfAILS OFTHE CHARrrf. rr8 TRU8TEE8 AND AOVISERS FOR THE YEAR ENDED 31 IIARCH 2024 Pasiormlchdkns Jwe Hunt Charlty r•glthThd numbw 1189890 Prfn#lpAI offl 37 Lonu L•n• NR14 eAW P4e1
RST LOVE GLOBAL k41STRIES TRUSTEES. REPORT FOR The YEAR ENDED 31 IIARCH 2024 Th8 Trustee5 wesenl th8ir annual r8kw)rt topther with Ihg Slat1$ crf ts FIRST LOVE GLOBAL MINISTRIES ts th8 ar 1 Awl 2023 10 31 Marth 2024. Objec¥•9 and Ktfvlthl First Lovè Global mi$1 thnpoY ol the ttMiunrtl88. wlth a pathLqrlouJs L Uganda, Paknslan and lThlla. During Ihe tax yw 114r23 to 3113124 conl•iu8d sctha wI8t4L8Id WQiOLa8, Ai wol 86 axpand& Ihe work, wlth l¢Mtrterm sustainability Bs ow go4. We conJnuod Thal and parc•ls lor ehjth #r#J olh8r vutrwabl8 c(1nty mernber8 in Enl8bte. UgaTh18. ccthu8S to eypaThJ. ¥&ith added lo lh¢ numbws. W• also organl8od Iwj dIstrfs 89 port(rf• CCrfNrKmty to sefflo ofthe 90t and most vulngrable Feople. The SACCO ISawrwJs and Credtt Ccweratfve CJ98nlsaknl. fvndBd Arwj 8Stsbllshod In Ug8nd8, used the profits freAn th8ircornrnunity M tsty"ne$8 to start a m¥d81 8therne lor mombws. Through an arrangarnent m•ditsn•i and ••ntsès. We or9Dni8od trvlniNJ (¥gank gard•th ryoi•ct kn Ent•tt, UgaThJ•. 8Xp•rn9 the ruJmbw of peoF4e who jId acce Ihi8 trawwy. IN8 d1s1rityj rnom ••d8. pkm Mts b) wotecl tha 8dld9. W8 p8rtn8rnd %wth anothgr wnmunity laC1 in Kamp818. Ugwda. by provhjing rwJsat4e labrfc sanitary pads fcf t8ènag8 glrfs. We partiapated 8 trainlng day lor lew $. the they learned practsral s11$ In sewing fabrlc sanitary thorn0 We prowded a 8ml numbw of laptops tr Llgarth •tt#J¢nls. b l them In tholr wkv and unfvwsty edUtion. We contsnkted pro¥ldlng educalhjnal rnxwrces aTrJ lor sthc(4 f$, to JB4$l a nurntr of Ugandan chiklren. W• so arraryl 8 nffiiberol schod ¥8, to erKwwement and I6h1ng to thran Sn U9wth. Due lo some generous <bnaUon% we g8ve 8 granl lo an NGO we wDrk wulady wlth in Uganda, to purch889 a 14 sealer miniiws. Th& mlnibus is ud a ta. tw.$$. operobng bohveen Enlets and Kampala daily. Thls business is an iftykni move tty•Mds sustainakn.llty for ihe Ugwdan NGO, so that tw becornè18s8 reliant on thwitsble donalKw. can generale theirown inc¥rne lo their projects. Wa a56iSt•J an eltsly rnan In Uganda. by frJTrJing a n leg him. We also prowd emgr9gncy rn8dlc81 assi5tanct to a numb8r ol in n80d. We provlded BiWes arK1 thsan leathirwJ r•v&Jrces m8rnbew5 Mi Ihe naoms whth w8 sewj. We al organlsed pastcrfs o)nleren¢e8 semlnars lo 8( chJrch leajers. We contsnw lo woth L)sety wth IrKal ¥dunl8#ts th 81 the ¢ounlriès li som. os devel(y teBm5. c8n 58rve In sustaiThab WO15 lor tha fulur Paoè 2
FIRST LOVE GLOBAL IIN&¥fRIES TRUSTEES. REPORT ICOIfflNUEDI FOR THE YEAR ENoeD 31 IAARCH 1024 In setting objectNes and ky actvthes. the Trustèes hav8 gN8n due lo gener81 guidance put4ished by th8 Chanty CoMrni5s relatirvj lo benefft. indudir¥J Iha guidance'PU beTr8fit'. runnlr4J a arfty IPB21 •. Golnq After makirJ apprcyig enquiries. ts Tnffjtses hav8 8 oxpedatl)n that the Charfty has adequal8 resources io continue In owathjnal eMst•nc the fcffjèseeable fijture. For thls reason. they ¢onllftue Its 8d0Pt the going concem basis in prwaring ts finarKial 8tslerwnts. Furthar detats rggarding the adoption of th8 g&rvJ SlwctUf•, gov•m•nc• and rnanwiwrt b. Con•tltutlon FIRST LOVE GLOBAL MINISTrIES i¥ • Teswtwod dwrity. numbar 1189698. ond IB n$tuted uar o Tru81 ¢. M•thod• ol•ppolnlm•nt or •l•¢tlon olTnJ•t• Th• mgnoown8nt ¢1 th• Charlty al Ihe Tn•s ar• elf•Xed and c•-optsd rar th• tsrm¥ oflhg Tru8t d8•J. Stt•m•nt otTN•tw•' w••ponthlllll The Trustw • r•6$&LIe TfUSto8¥ Rewt WKI Ihe lknanryal ¥lat8rn8nts in aeeordafieè aPicabl¢ and UnRod KlrWryn Standarth Iunited Generally kcspted A¢countir Plac). The law ApIcae to eharlbe8 8 W8IM r•quos Tte to k¥epare finan¢ 8latements for each finanaal year whi¢ giv• 8 tn ar fair ol thè st8t• of 8ff81ts 01 the Chanty and of its incoming resources op1¢tion ol rosowces. indLth¥J ts wKom• and eynthture. lor Ihat panod. In prew'w th•88 finandal stat8rn•nts. ihe Tru8t8•s are requk•J io.. sdectsuhètl8 ac£oun1 p0knswmltt wtytham LXM)sk4anty, obsgrvèth8 rtths and prfnL?pbs olthè Ch9n SORP IFRS 1021.. rnakeludgrnents and ac¢x)unting estin8tes Ihal ar8 reasonat48 and wutsrt,. slate whether applic8t48 UK AcnDj Standards IFRS 1021 havts baen Ic4knv8d, subJ&d to 8ny mat8ts1 d8Partures disdosed and explained tho finanoal st8lem8nts', prepare Ihe fffjancal Slements golty uths * Is inapproprfate io (sum8 that the Charity C("nUe ffl b"ne$s. The TnJs1885 are s[1b1e keepiThJ adequal8 ac£ounlNNJ rec•yds Ihal are $uffi¢bnl io show and explaln Ihe Charivs LrBnsaclkms and wlh wsonobbe accwao ot 8ny tme the finawal rx)sition of the chty end enab18 them ¢0 ensure Ihal th8 financ41 statem8n15 clty vthh Ihe Chth Acl 2011. the Chanty IAccovnls aTrJ Repx¥tsl Rep25 2008 arnj Ihe p$5 01 Ihe Trust deed. TW are 8130 r8spJnsible for safeguarding the assets Charfty 8nd ta r•sr1# St tho and datlI0n of fraud and other Irregularie$. Approved byc(d8rolthe membgr¥oflhe bc olTn*thos on 28 F8twy2025 8Won thelr beh81rty. Alarlc Hunt Poge 3
FIRSTLOVE GLOBALIIINISTRIES INDEPENDENT EXAIAINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 Independgnt ExamSn•rt R•portts th• TnMt•MofFIRSf LOVE GLOBAL MINISTrIES (Ih• Chaw I repjrt to cknarityTNst8•s on my of of ChWItytr yoar èndthj 31 Marth 2ry24. R••pon•Sbllttl•• •nd B••l• ol RIP1 As tho Trust8•s ol Ihe Chanty you are res8@ fr thg sw¥ation ol nts w>ydanc wllh tho requlrements oftha Clritss Ac4 2011 rts 2011 +lxfl. I report In resp•ct ol my ttxarntslx Of1 Chgrlvs Kojurts onlod ojt under 145 of th• 2011 and In carying oul my gX8rniThabcffi I have loy4vJ the aPF4ut4e gNen by Ih• Charty Cornmissbn under 8ecllon 145(SXbl ol Ihet 2011 Ind•p•nd•nt Examln•rf• Stthrn Your attènt)n ia draTr to the lact tha¢the Chgrty has prepBr•J 8¢counts in acc£danc8 th ACcUnng 8Tra RoTra by Charilk88.' Statemert ol RecnrNMnded pract aFat48 to tharits'es preparing thair aco)unts In aeeordancs the Financ Repxt'TrJ Slandard in the UK and R8PUtAic of Iraland IFRS 1021 In preference ¢0 Ihe ArUnting 8TrJ Rwbr4J ty Chanis'. slatWrnl ol Renmended Proclic• on 1 Avril 2CQ5 whlch 1$ rg18rred to In the •xl8nt rnguLql)ns Lxrt has been withdrwn. l thyJ8rstsnd tr1 Ihi8 h•s been done in derthy ts aLuwts to wovwjo a Iruo and fa In {%danC0 wlth th¢ G•n8raltyAc£pt•d A{#J1 Prace offec4tr¥p t¥nnlng on oraft•r 1 January 201& I hbve completed my gxArnin8tkn. I rthfim) Ihat no maitern ha¥• my •ttwbOon kn nectI)ft lth th• ex8mlnalh)n ¥irg to any m8tth& rewA.' unbng roeords were Th)t kept in r•8F4d olthè Ch81ity08 requed by seclhjn 130 of the 2011 Ad., I Ihe accounts do r)t Ltsnt4y wth Ihe reqUIrnmts tontemiThJ Ihe foM conlgnt of unts 581 oul in the Charits8$ IAcoJuThts R8POrtg1 Rggulats"ons 2008 other than any requir¢meni th#t the accothits tyve a 'tw Th)t a matter c¥Jn8kbw&l part of an indepthident I havè no toncems and have cm arxoss rK) ther rnallers kn ¢Cne¢th with Ihe examlnation lo whlch attenllon should b& drawn in thi8 reF4Xt to enabl8 a FVOPW understand1r of Ihe aco)unts to bo rch&j. PA904
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI FOR THE YEAR ENOED 31 MARCH 2024 knl•d•AndrnwAIIIACMA The ARK Fanrial Management ConNtsnl8Ltd West End S018 3NA Page S
FIRST LOVE GLOBAL k•J41STrES STATEMÉNTOF FINANCIAL AcnvmE8 FOR THEYEAR ENDED 31 MARCH 2024 Total fisnd• 2024 Tc481 fvnLYs 2023 fund$ 2024 Inffl• from.. Oonalw and Iw*¥ 39,637 T•l•l Inco 39.657 39,657 exp•nd1tur•. 4054 4054 2&504 Total •xp•ndII• $4054 54.054 24504 N•t mo¥•rrv4nt In fvnd• {14J971 114.397) 14,4C R•¢on¢lll•tk+n offvnd•: Totsl funds h1 I1 N•t nb)vemenl In f18 14189 14189 14.4C Total funds carTl•d fonv•rd 792 792 1&189 The Ststemenlol FIne1 A¢#lvlJeB1ndw 01 gats and rwnlwl In IM y•af. The Th)les on 8 to 14 frxm partof th88e Ikwh>al 8lat•rts. P8ge 6
F&4ST LOVE GLOBALIANISTrIES BALANCE SHEET ASAT31 AIARCH 2024 2024 2023 Flx•d •oMI• Curr•nt C8sh al bank and in 15,789 1,992 15,789 Cr8dltors.' 8mounl8falliThJ due N•t¢unnt•••• 15,189 Totsl •u•ts l•M ¢urr•nt Il•blllll•• 1& 189 N•t••••ts •x¢ludlno PskIn 14189 Total ••••l• 792 15,189 Charfty fund• Restrielod fiumlb Unresln'rtgd fLwxI& 15,189 Totsl fund• 15,189 The finandal statemnts apwD¥gd ty Iho Tm8ts88 C 28 F•bru&ry 2025 and 86gned on Iheir b6haN by.. Al•wl¢ Hwrt P8ge 7
FIRST LOVE GL(AL IANISTRIES NOTES ToniE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Aeeoun¢lng polld 1.1 8•8Ss of prnparatlon offIn¥ •t•t•Th The finAncial statements have teen prepwa1 in aCmee wlh the Charitss SORP IFRS 1021 . Accounting and Reportsng by Charities.. St8tem&nt of Recommended Pracb"ce arWit4t4e to ch8ntie5 preparing Ihey 8cc)unts accordaw th Ihe Finaniial ReP)ThJ Standard apIrable in the UK and RepublK ol Ireland IFRS 1021 leffedive 1 January 20191. the Financjat Repts'r& Standard appIlble in lh8 UK and Rewblic ol ImLand IFRS 10218nd Ihe chari$ Act 2011. The .01 stat¢ts hm bwn wepwed to gwe a Irue and 18iff view and have departed from the Chanbes (Accounls and Rewts) Regul'ons 2C4)8 to lh6 extent r8qulred to PfovKJe a Irue and fair ¥w. This thpartwe has Ihe Gholities SORP IFRS 1021 published in October 2019 ralhef blan the thfAJntsry aTrJ R8POrtfvw by Charities.. Stalem•nt ol Rotsjmmended Practice eff8¢tNe from 1 A[ffl"l2( has $w)ce ten ttsrawn. FIRST LOVE C08AL IAINISTRIES moots fv dèffinilth ol a bonefit gnbty under FRS 102. Assèts and liabihbes are inits.alty rgwgnis8d at histork41 cost or transactw vakn unlesB otharw80 st8ted in the rolevant ac(xwnbw wly. 1.2 Ineon l income Is rery)gntsed on¢ Charty has enthnenl to Income. tt Is tbI0 that tho Ineomo vrill be recewe(I the armunl of Incom8 receivaNe Can bg W08ur0d rellabty. 1.3 Exp•ndhu Exp8ndRure Is rwnil a l•pl or ¢sInJe otAWJon lo transfvr $nIC Thafit t9 B third party. rt is wobab thal a tr¥nsl•r of ecorK¥M ben8fi1s 11 b8 required in seWerneTrt and the UnI ol th• c•lWUon c be ThasJred rel4ibly. E¥ponditibrts is dassifièd by activity. Tha eosts of eath 8cbwty are madg LV of tho tota of dlrecl costs aThJ shared o)sts. Induding support costs InvcAved in undertaking eath xbyity. DireL L>JSI$ 8ilribuiable to a sirwJle actwity Bre alkn¢8ted diredy to that 8cliwty. Shargd c4JSts whith to moro than 8Cbvity aTrJ support costs %vhich ore Trot aMributat40 to a single actiwty are apF¥)rtrJi bthaèn those activibgs on 8 basis cKJnsistenl with the use of r8s(xJe$. Centr81 slaff c)sts arè 8locai8d on thè basis ol spent. and doprecl8Uon charges aUoca18d on lhe kvts.on ol Ihe assel's use. Exp8nditur• chantse ac8$ k% Incurr•J on dlrodty Undèrta thg athlugs lurlh•r lh• Charitys ewives, a5 Well as gny assoct supwt costs. expgndiiurn Indvth olhrec•¥grabl8VAT. 1A C••h at b#nk ind In h¥ Cash at bank arKI in hand irtknèsca8h IwJhly IUkI lrwesnts th a srt m8turty ofthr80 nw)nbls or less frryn de ol acqu15itwJn or ap8niThJ of the depOt mIlar acwjnt. Pago8
FIRST LOVE GLOBAL AINISTRIES NOTESTOTHE HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 IIARCH 2024 Accounn9 polkl•s Iconth¥Ad) 1.5 U•blll¢lg• syovknlor L4abllfjW • os an at Ilw Ba She81 date as 8 result of a past ènl, probabLp thal a transfer ol bonlfft be s•tMem8nL 8n(l amount of tha seldemenl can be •sts"matthY rlluibty. Llabilitiès rgc£gnkwd at th? that ts Charity anti(ale8 il pay to selue thg dèbt or the 8ft¥Junl il has 1Ved as advanc&1 paYrrts for gocrfls or il pde. Pro¥isM)ns are rnèaSLTrd al Ihe bgsl e5b.mate ol amtyfflts rwuirgd 10 S•tUe the obligat. Wher the effect of th& 1Smt V81u8 of fflwgy Is Maler1. the prow"&on is based (ffi the present val ol thos8 amounts, discrxJn18d al Ihe pre•tax di50)unt ralg that reffecls Ihe risks swfic to Ihe liability. Th• unwndiry olthe diwwnt ¥ rw>wi•J in th• Ststwnent cl Finants81 c4)8t. 1.0 Flnanclal IrAINm•nt• Charlty onty has firwicl as•ts aThJ finar#ial I&41¢85 ol o k4nd that quallfy as basic financial 4nslrumonts. 83C financial strU1ts are nlkqly reeoJnis•d al trws8¢tiw valug and 5ubs•qUènY sur&1 al ththr SèlU8mènt value th• oxctsplwji ol bank k•n$ $ubMqu•nty m•8surtd èt amulB•J cost Ihe ¢ffeth intgrost m¢thod. 1.7 Fund aeeountSn¥ G•neral tunds am unrnstrkied hJThJs tch *• 8vthlat4e use al the of Trnst•8s In further? of th8 gBn•ral th• Chanty 8fyJ hav8 Th)t da8lgnal8d for othor
RRST LOVEGLOBAL IINISTrIES NOTESTO THE FINANCIAL STATEIAE14TS FOR THE YEAR ENDED 31 IAARCH 2024 2. Income from donatlons and legacles Vnrestrlct•d fundg Genernl Total Tot•1 2024 2023 Donations Gift Aid Tax Redaimed 36,049 3,608 36,049 39.904 39,657 39.657 39,904 PO 10
FWIST LOVE GLOBAL IINISTRIES NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2024 3. Exp•fidIre on charltable acilvltles fund• Total Total G•n•r•l 2024 2023 Bank Charges Family Support Food distnbutlons Medlcal costs Mlnistry costs Mlnlstry projects Ministry support Pastor's Support Wages and Salarles Staff Training Lndependent examlnerfs fee 99 915 4,254 89 190 41,320 112 2,167 4.196 112 600 99 15 915 833 4,254 7.086 89 766 190 792 41,320 11,041 112 2.167 4,196 112 600 4.371 600 54,054 54,054 25,504 PBge11
FIRST LOVE GLOBALWNISTRIES NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ind•p•nd•nt•Mmkn•e• 1•wnr4tknft 2024 2023 •xaminalhJnoftheCharitysaMual actAts Tru#t•oB' r•rnun•rlon •xp•n• Durfng tho y•8r, MTru5* roc44pd anyrw01tt (2023.£NILI. Crndltorn: Amourt• l•Wng du• wlthln on•tr 2023 1,200 Page 12
FIRST LOVE GLOBALIIINISTrIES NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IIARCH 2024 stst•rn•ntdfun $1410rnont olfunds- curr•nty•v Balance at 31 Marth 2024 Bd•nc••t 1 Unrn•tslctsd fvnd• Gerwal Fur 1&109 {54.0541 792
FIRST LOVE GLOBAL IINISTRIES NOTES TOTHEANANCIAL STATEMEP4TS FOR THE YEAR ENDED 31 IiARCH 2024 St•t•m•ntoffund• Iconllnwd) Stat•m•ntoffunds.prtor 88lance #t 31 UTrr••trkt•d fvnd• Gener¥ Fur* (24504J 15,189 Pag• 11