NEW LIFE APOSTOLIC CHURCH LONDON
Registration Number: 1193596 (England and Wales)
Unaudited statutory accounts for the year ended 31[st] January 2024
NEW LIFE APOSTOLIC CHURCH LONDON
Contents of the Financial Statements
For the Period Ended 31[st] January 2024
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 2024
The trustees present their annual report and financial statements for the year ended 31[st] January 2024.
In this reporting year we are building upon the success achieved through our various community integration initiatives.
- Online meetings:
We continued our meetings 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. More parents became aware of the free resources available and how to use them. We followed up and engaged with parents whose children were almost excluded from school.
- Mentorship:
The following continued:-
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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.
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b. Guidance on personal effectiveness including time management and
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resource planning.
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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:-
The links on our website enabled more 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 50+ students online. Students logged in from the London borough of Haringey, Manchester, Scotland, and Plymouth. We again 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:
We continued our parenting conference, Counselling and empowerment workshops, birthdays, funeral gatherings and other social events. We were able to share what we do for various communities including tuition, mentoring, career guidance and prayer.
Courses and Seminars:-
We continued the 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: 30[th] September 2024
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NEW LIFE APOSTOLIC CHURCH LONDON
Trustees' report period ended 31st January 2024
The trustees present their report with the financial statements of the organisation for the period ended 31[st] January 2024
Trustees
The trustees shown below have held office during the period from:-
1st February 2022 to 31[st] January 2023
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
30[th] September 2024
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 2024
| 2024 | 2024 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| Note | Funds | Funds | |
| ● £ |
£ | ||
| Income and endowments from: |
● | ||
| Donation | ● 2,777 |
● 3,534 |
|
| Other Income | ● 760 |
● 200 |
|
| Tuition income | ● 270 |
● 210 |
|
| Total | ● 3,807 |
● 3,944 |
|
| ● | |||
| Expenditure on: | ● | ||
| Charitable activities | 2 | 7,380 | 417 |
| Total | 7,380 | 417 | |
| Net (losses)/gains on investments |
|||
| Net movement in funds | (3,573) | 3,527 | |
| Reconciliation of funds: | |||
| Total funds brought forward | 3,547 | 20 |
|
| Total funds carried forward | (26) | 3,547 |
All amounts relate to continuing operations. All funds are unrestricted.
All gains and losses recognised in the year are included in the Statements of Financial Activities. The notes on pages 9 to 10 form part of these financial statements.
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NEW LIFE APOSTOLIC CHURCH LONDON Balance Sheet as at 31st January 2024
| Note | 2024 | 2023 | |
| £ | £ | ||
| Current assets | |||
| Other debtors | |||
| Cash at bank | 3 | 124 | 3,697 |
| 124 | 3,697 | ||
| Creditors -Amounts falling due within one year | |||
| Accruals | (150) | (150) |
|
| Net current assets | (26) | 3,547 |
|
| Creditors-Amounts falling due after more than one year |
|||
| Net assets | (26) | 3,547 | |
| Income funds | |||
| Unrestricted funds | 4 | (26) | 3,547 |
The notes on pages 9 to 10 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 2024 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 30[th] September 2024 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 2024
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
2. Charitable Activities
The charitable activities for 2024 was £7,380 (2023: £417).
| Charitable Activities Advertising Subscriptions Accountancy fees Miscellaneous Expenses Rent Tutoring Total |
2024 2023 |
|---|---|
| £ £ - 11 - 138 150 150 - 118 5,430 - 1,800 - |
|
| 7,380 417 |
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3. Cash at Bank
| Balance Brought Forward Cash Movement Balance Carried Forward 4.Unrestricted Funds Balance Brought Forward Add Funds provided by Trustees Movement for the year Balance Carried Forward |
2024 | 2023 | |
|---|---|---|---|
| £ 3,697 (3,573) |
£ 20 3,677 |
||
| 124 | 3,697 | ||
| 2023 £ 20 - (3,527) (3,547) |
|||
| 2024 | 2023 | ||
| £ | £ | ||
| 20 | |||
| (3,547) | |||
| - | - | ||
| 3,573 | (3,527) | ||
| (26) | (3,547) | ||
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