## **NEW LIFE APOSTOLIC CHURCH LONDON** 

Registration Number: 

## 1193596 (England and Wales) 

Unaudited statutory accounts for the year ended 31[st] January 2022 

## Period of accounts 

Start date: 18[th] February 2021 End date: 31[st] January 2022 



## **NEW LIFE APOSTOLIC CHURCH LONDON** 

Contents of the Financial Statements For the Period Ended 31[st] January 2022 

**Trustees report Profit and loss Balance sheet Additional notes Balance sheet notes** 

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## **NEW LIFE APOSTOLIC CHURCH LONDON** 

**Trustees’ Report for year ended 31[st] January 2022** 

## **The trustees present their annual report and financial statements for the year ended 31[st] January 2022.** 

In this reporting year we are building upon the success achieved through our various community integration initiatives. 

## **- Online meetings:** 

Meeting with parents and their disadvantaged children. The focus of the sessions ranged from giving academic guidance, counselling and support for parents whose children were almost being excluded from School. Many parents became aware of the free resources available and how to use them. The parents whose children were almost excluded received support and guidance. 

## **- Mentorship:** 

10 students were provided with support and guidance on 3 key areas:- 

- a. Spiritual guidance rooted on the word of God, students were guided on how to build a relationship with God, raise their aspirations, build values that make them noble members of the society and build habits which lead to success and fulfilment in life. 

- b. Guidance on personal effectiveness including time management and resource planning. 

- c. Guidance on academic success, students where shown free resources on personal wellbeing, students were trained how to use free online resources including Maths, Science and English revision sites like BBC Bitesize, Cognito, Seneca Learning and Corbett Maths etc. Most of the students mentored made positive strides and became more focused on their studies. 

## **Website relaunch:-** 

Our website was reorganised to make it easier for young people to access the free online resources. Also there were links placed on our website to enable adults to access free training for life skills, understanding T-Levels and access services provided by the London borough of Haringey relating to career development and personal wellbeing. 

## **Tuition:-** 

Tuition for Maths and Science was provided for 30 weeks during the year, Maths Tuition was extended for about 50 students online. Students logged in from the London borough of Haringey, Manchester, Scotland, and Plymouth. We had very positive feed-back from many parents about the difference the sessions made in the children's life. 

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## **- Community events:** 

Community events during the year included Birthdays, funeral gatherings and other social events (some with over 350 people in attendance). We were able to share what we do for various communities including tuition, mentoring, career guidance and prayer. Many parents were able to connect their children to these events. 

## **Courses and Seminars:-** 

We ran Fulfilling Destiny courses via zoom on Wednesdays, these courses included teaching biblical principles which enable young people to build confidence and compassion. 

We ran church services and seminars during the year which helped people to develop spiritually. 

The trustees’ report was approved by the Board of Trustees. 

## **Rev Albert Taku Chair** 

Dated: 29th March 2023 

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## **NEW LIFE APOSTOLIC CHURCH LONDON** 

Trustees' report period ended 31st January 2022 

The trustees present their report with the financial statements of the organisation for the period ended 31[st] January 2022 

## **Trustees** 

The trustees shown below have held office during the period from:- 

**18[th] February 2021 to 31[st] January 2022** 

Rev Albert Taku 

Ms Caroline Yitsir 

Mr Richard Joseph 

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006 

This report was approved by the Trustees on 

**29 March 2023** 

And signed on behalf of the board by: 

**Name:** Rev Albert Taku 

**Status:** Chair 

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## **NEW LIFE APOSTOLIC CHURCH LONDON Profit And Loss Account for the Period Ended 31st January 2022** 


**----- Start of picture text -----**<br>
Note 2022 Unrestricted Funds<br>£<br>Income and endowments<br>from:<br>Donation -<br>Investment income -<br>Total -<br>Expenditure on:<br>2,076<br>Charitable activities 2<br>Total 2,076<br>Net (losses)/gains on<br>investments<br>Net movement in funds 2,076<br>Reconciliation of funds:<br>-<br>Total funds brought forward<br>Total funds carried forward 2,076<br>**----- End of picture text -----**<br>


All amounts relate to continuing operations. All funds are unrestricted. 

All gains and losses recognised in the year are included in the Statement of Financial Activities. 

The notes on pages 8 to 9 form part of these financial statements. 

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## **NEW LIFE APOSTOLIC CHURCH LONDON Balance Sheet as at 31st January 2022** 

||**Note**||**2022**|
|---|---|---|---|
|||**£**|**£**|
|**Fixed assets**||||
|Fixed and variable interest securities|||-|
|**Current assets**||||
|Other debtors|||-|
|Investments (bank deposit accounts)|||-|
|Cash at bank|**3**||20|
||||20|
|Creditors -Amounts falling due within one year||||
||||-|
|Net current assets|||20|
||||20|
|Creditors-Amounts falling due after more than one||||
|year||||
|Loans|||-|
|Net assets|||20|
|Income funds||||
|Unrestricted funds|**4**||20|



The notes on pages 8 to 9 form part of these financial statements. 

The financial statements were approved by the trustees and authorised for issue on .............................. 

………………………………… 

**Rev Albert Taku Chair** 

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## **NEW LIFE APOSTOLIC CHURCH LONDON** 

## **Balance sheet statements** 

For the year ending 31[st] January 2022 the organisation was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. 

The Trustees have not required the organisation to obtain an audit in accordance with section 476 of the Companies Act 2006. 

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. 

This report was approved by the Trustees on 29[th] March 2023 and signed on behalf of the board by: 

## **Name: Rev Albert Taku** 

## **Status: Chair** 

## The notes form part of these financial statement 

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## **NEW LIFE APOSTOLIC CHURCH LONDON** 

## **Notes to the Financial Statements** 

for the Period Ended 31st January 2022 

## **1. Accounting policies** 

## **Basis of measurement and preparation** 

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 

## **Turnover policy** 

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes funds received from trustees and members, revenue earned are from the sale of courses and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. 

## **2. Charitable Activities** 

|Charitable Activities<br>Petrol<br>IT Software Cost<br>Community Event<br>Teaching Materials/ Books<br>Tutoring<br>Total|2022|
|---|---|
||£<br>480<br>165<br>803<br>28<br>600|
||2,076|



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## **3. Cash at Bank** 

|**3. Cash at Bank**||
|---|---|
|Balance Brought Forward<br>Cash Movement<br>Balance Carried Forward|**2022**|
||£<br>-<br>20|
||20|



## **4. Unrestricted Funds** 

|**4. Unrestricted Funds**||
|---|---|
|Balance Brought Forward<br>Add Funds provided by Trustees<br>Movement for the year<br>Balance Carried Forward|2022|
||£<br>-<br>(2096)<br>2076|
||(20)|



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