ADURA LO'GBA AGBARA KO MINISTRY
(IT'S BY PRAYER NOT BY MIGHT MINISTRY)
ANNUAL RETURN FOR YEAR END
31ST of December 2023.
Ir5 BY PRAYER NOT BY MIGHT

ADURA LO'GBA AGBARA KO MINISTRY
(IT'S BY PRAYER NOT BY MIGHT MINISTRY)
CONTENTS PAGE
Legal and administrative information
Report of the trustees
Irbdependent Examinerfs report
Statement of financial activitie5
Balance sheet
io
Notes to the financial statements
11-13
Income and expense statements
14

ADURA LO'GBA AGBARA KO MINISTRY
{IT'S BY PRAYER NOT BY MIGHT MINISTRY)
Legal and admlnlstratlve Informatlon
Trustees
Mr Olllsegun Araoye
Mrs Olusola Abimbola
Chairperson.
MT Michael Adewuyui
Address
38 Commercial Way, London, SE15 5JQ
CHARITY REGISTION NUMBER: 1198162
Independent Examiners
Solomon Allistar IMAATI
54 C3rriocca Business Park,
Hellidon Close, Ardwick
Manchester
M124AH
Bankers
Zempler Bank

ADURA LO'GBA AGBARA KO MINISTRY
(IT'S BY PRAYER NOT BY MIGHT MINISTRY)
Report of the Trustees for the Year Ended 31st December 2023
The trustees are pleased to present their report together with the financial statements of the
charity for the year ended 31 December 2023.
Structure, Governance and Management
Objectives and Activities
Adura Lo'gba Agbara Ko Ministry Ilt's by Prayer not by Might Ministry l are to propagate the name
of Our Lord jesus Christ.
Christian Counselling, Advice, and Information
In propagating the name of Our Lord jesus Christ, the parish engaged in evangelism, prayer
sessions, spiritual counselling, advice, and information to the general public during regular
weekly services. These extend to assisting members and non-members in housing and
financial needs, the provision of regular 'Health Check, for all to attend and discuss them
health problems and have medical check-up with volunteer Doctors and Nurses. This
forum has been very helpful in dirtating early symptoms of sicknesses and illnesses
and referring the affected to hospitals for treatment and cure.
Financial assistance for charitable objects
The parish donated generously to many individuals in need, such as destitute, the disabled
and the sick in our society. We also rendered financial support to various organisations in
5UPPOrt of their own humanitarian and charitable activities
Other Charitable activities
Other charitable activities include spreading the Word of God among all nations and
announcing the good news of the Kingdom of God to the poor in spirit. This was done through
our Spiritual Worships which are open to the general public, revivals, healings, and evangelism
which are conducted to stimulate spiritual awareness among the people, seminars and
symposia which are organised for people to know and understand more about the Word of
God
Financial Sources
The church income comes mainly frorn the weekly tithes and church building funds, other
church contributions such as thanksgiving, annual conference, travel, and music funds.

Acquisitions for Mu5icial and IT equipment
During the year under review, the church bought new musical instruments to aid in the objective of furthering their
core charitable objective. We also purchased additional IT equipment for video conferencing.
Statement of Trustees, responsibilities
The Board of Trustees are responsible for preparing the Annual Report and the financial
statements in accordance with applicable law and United Kingdom Generally Accepted
Accounting Practice.
Charity law applicable to charities in Englandlwales requires the Board of Trustees to prepare
financial statements for each financial year which gives a true and fair view of the state of
affairs of the Charity and of the surplus or deficit of the Charity for that period. In preparing
those financial statements the Board of Trustees have..
Selected suitable accounting policies and applied them consistentlv.
Made judgments and estimates that are reasonable and prudent,
Stated whether applicable accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements- and
Prepared the financial statements on a going concern basis lunless it is inappropriate
to presume that the Charity will continue in operation).
The Board of Trustees has overall responsibility for ensuring that the Charity has an
appropriate system of controls, financial and otherwise. They are also responsible for keeping
proper accounting records which disclose with reasonable accuracy at any time the financial
position of the Charity and enable them to ensure that the financial statements comply with
the Charitie5 Act 1993. They are also responsible for safeguarding the assets of the Charity
and hence for taking reasonable steps for the detection and prevention of fraud and other
irregularities.
The Board of Trustees is responsible for the maintenance and integrity of the corporate and
financial information. Legislation in the United Kingdom governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Statement of disclosure of information to independent examiner

ADURA LO'GBA AGBARA KO MINISTRY
(IT'S BY PRAYER NOT BY MIGHT MINISTRY)
Report of the Trustees for the Year Ended 31st December 2023
We, as the Trustees of the Charity who held office at the date of approval of these finantial
statements as set out on page 2 each confirm, so far as we are aware, that..
There is no relevant information of which the Charity's independent examiner are
unaware- and we have taken all the steps that we ought to have taken as Trustees in
order to rllake ourselves aware of any relevant information and to establish that the
charity's independent examiner is aware of that information.
Independent Examiner..
The Charity's independent examiner, Solomon Allistar IMAATI of SAA BUSINESS SUPPORT LTD has
indicated their willingness to continue in office and offer themselves for appointment.
This report was approved by the Trustees on and signed on their behalf by..
Mroluse
nAr
ye
2SI0912024
Chairmannrustee

ADURA LO'GBA AGBARA KO MINISTRY
(IT'S BY PRAYER NOT BY MIGHT MINISTRY)
Independent Examinerfs Report for the Year Ended 31st December 2023
I report on the financial statements of the charity for the year ended 31 December 2023 which
comprise the Statement of Financial Activities and Balance Sheet with associate notes.
Thi5 report Is made solely to the charity's Trustees, as a body, in accordance with section 145
of the Charities Act 2011 and regulations made under section 154 of that Act. My work has
been undertaken so that I might state to the charity's Trustees those matters l am required
to state to them in an independent examiner's report and for no other purpose. To the fullest
extent permitted by law, I do not accept or assume responsibility to anyone other than the
charity and the charity's Trustees a5 a body, for my examination work.
Respectlve Responslbllltles of Trustees and Examlner
The charity's Trustees are responsible for the preparation of the financial statements. and
they consider that an audit is not required for this year under section 144121 of the Charities
Act 2011 (the Act) and that an independent examination is needed.
It is my responsibility to..
Examine the accounts (under Section 145 of the Charities Act).
To follow the procedures laid down in the General Directions given by the Charity
Commissioners (under Section 14515llbl of the Charities Act),. and
To state whether matters have come to my attention.
Basis of Independent Examiner's report
My examination was carried out in accordance with the General Directions given by the
Charity Commissioners. An examination includes a review of the accounting records kept by
the Group/Charity 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 you as 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 Examlner's statement
In connection with my examination, no matter has come to my attention..
11 which gives me reasonable cause to believe that in any material respert the
requirements-
to keep accounting records in accordance with section 130 of the Act; and
to prepare financial statements which accord with the accounting records and
comply with the accounting requirements of the Act have not been met,. or

21 to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the financial statements to be reached.
SOLOMON ALLISTAR IMAATI
2510912024

ADURA LO'GBA AGBARA KO MINISTRY
(IT'S BY PRAYER NOT BY MIGHT MINISTRY)
Statement of financial activities for the year ended 31st December 2023.
Unrestricted Restricted
Total FuThd5
Tot#] FuThds
2023
2023
2023
2022
Notes
Incoming Resourecs
General offerings
Gift Aid
6.072.60
26.217.50
32,290.10
43,500.00
Grants
Total Jncomlng Resources
6.072.60
26.217.50
32,290.10
43,506.00
Resources cxpended
Dlreet charitable expenditure
Governanee eosts
3,223.50
26,217.50
29,441.00
38,53.00
li
Total resourees expended
3.723.50
26.217.50
29,941.00
39,853.00
Movement in total fund for
the J'ear- Net inc0￿e I
(expeThditure) for the year
2,349.10
4J53.0
Net Gain (Los50 on
investment
2,349.10
4 J53.01
Fund Bal blf
2,349.10
4,3S3.00
Fund Bal clf
4 J53.01

ADURA LO'GBA AGBARA KO MINISTRY
(IT'S BY PRAYER NOT BY MIGHT MINISTRY)
Balance sheet as of 31st December 2023.
2023
2023
2022
2022
Note5
FIXED ASSETS
Tangible assets
CURRENT ASSETS
12
14,527.20
15,760.00
Debtor5
13
500
328.IkO
Casb at bankl cash in hand
2,349.11
3,325.00
CREDITORS amounts fAlling
due wlihln one year
NET CURRENT ASSETS
2,849.10
3,653.00
TOT.4L ASSETS LESS
CURRENT LIABILITES
17,376.30
19,413.00
CREDITORS amounts falling
due more than >'ear
13
1,200.110
NET ASSETS
16,176.30
17,863.00
CHARITY FUNDS
u￿restrIcted funds
16,176.30
17,863.00
TOTAL FUNDS
16,176.30
17,863.00

ADURA LO'GBA AGBARA KO MINISTRY
(IT'S BY PRAYER NOT BY MIGHT MINISTRY)
Notes to the Financial Statement for the Year Ended 31st December 2023
l. Accounting policies
The principal accounting policies are set out below. The accounting policies have been
adopted consistently throughout the year.
a) Basis of accounting
The financial statements have been prepared under the historical cost convention, as
modified by the revaluation of certain fixed assets, and are in accordance with the
Statement of Recommended Practice.. Accounting and Reporting by Charities issued
in March 2005 and the Financial Reporting Standard for Smaller Entities {effective April
2008}.
b) Incoming resources from generated funds
Incoming resources from generated funds represents donations lowards weekly
tithes, church building fund, thanksgiving, annual conference, travel and other
contributions
¢) Incoining r¢sources' Int¢r¢st r¢¢¢ivabl¢
Interest is crediced in the year in which it is received.
d) Resources expended
Expenditure is recognised when a liability is incurred. Funding provided through
contractual agreements and perfonnance related grants are recognised as services
are supplied. Other grant payments are recognised when a constructive obligation
arises that results in the payment being unavoidable.
Costs of generating funds are those costs incurred in attracting voluntary income, and
those incurred in activities that raise funds.
Grants payable are payments made to third parties in the furtherance of the charitable
objectives of the Trust. Single or multi-year grants are accounted for when either the
recipient has a reasonable expectation that they will receive a grant and the trustees
have agreed to pay the grant without condition, or the recipient has a r¢asonabl¢
exp¢ctation that they will r¢¢eiv¢ a grant and any condition attaching to the grant is
outqide of the control of the Trn.8t.
Provisions for grants are made when the intention to make a grant has been
communicated to the recipient but there is uncertainty about either the timing of the
grant or the amount of grant payable.
Governance costs include those incurred in the governance of its assets and are
prirnarily associated with constitutional and statutory requirements.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources.
Depreciation
Dcprcciation is calculated at rates estimated to write off the cost of all iangible fixed

ass¢ts over th¢ir ¢xpected us¢ful liv¢s'.
Equipment, Fixtures and Fitting- 200/.
During the year under review, the church decided to continue to separale its
equipment from ils furniture fixtures and fillings. A depreciation rate of 20 % was
(Ipplicd on each catcgory on a rcducing balance basis.
e) Fund structure
The principal accounting polici¢.8 ar¢ .8¢t out below. The a¢¢ounting poli¢i¢s hav¢ b¢en
adopted consisteiitly throughout the year.
The fijnds held by the charity are either:
Unrestricted general fi]nds - these are funds which can be used in accordance with the
charitable objects at the discretion of the trustees.
Designated funds - these are funds earmarked by the tTUStees out of unrestricted
general funds for specific future purposes or projects.
Restricted funds - these are funds that can only be used for restricted
purposes within the objects of the charity. Restrictions arise when specified by the
donor or when funds are raised for restricted puryoses.
Endowincnt funds - thcsc arc funds that rcprcscnt asscts which must bc hcld
pern)anently by the charity. Iiieome arising on the endowmeiit fund Can be used in
accordance with the objeet% of the Lharity and 1% inLluded in unrestricted ineoine. Any
capital gains or losses arising on the investments forni part of the fund. Investment
n]anagement charges and legal advice relating to the fund are charged against the
tund.
fj VAT
The charity is not registered for VAT and accordingly expenditure includes VAT were
appropriate.
2 Income resources
Income comprises of donations and tithes
3 Employee information
None of the Irustees received any remuneration or reimbuTsement of expenses during
the year.
4 Net ineome resources
This is stated after charging
2023
2022
POST Depreciation
3,631.80
3,940.00
5 Taxation
The charity is exempt from corporation tax on its charily.

6 Tangible fixed assets
Equipment
Fixtures
and fittings
Total
Cost:
At l January 2023
Additions
15,760.00
2J99.00
18,159.00
15,760.00
2,399.00
18,159.00
At 31 Deeember 2023
Depreciation
At l January 2023
Provision for year
At 31 December 2023
3,631.80
3,631.80
3,631.80
3,631.80
NET BOOK VALUE
14,527.20
14,527.20
7 Debtors
2023
2022
Prepayment and loans
500.00
8 Creditors: amounts falling due more than one year
2023
2022
Other Creditors
1200.OU
8 Creditors: amounts falling due Ivithin one year
2023
2022
Other Creditors

Income and Expense Statement
INCOME
Voluntary Donations
TOTAL ILNCOME
32,290.10
EXPENSES
Hall hiTe
7,200.00
699.00
Computers
Clothings
Travel
2,600.00
2,400.00
i 0,000.00
150.00
Grants
Misccllancous
Admin Cost
440.00
Professional Fees
500.00
Subsistence
352.00
Musical instrument
Evangelism
1,700.00
3,900.00
Total Expenses
29,941.00
Suryilus
2,349.10