2024-03-31-accounts - International Grace Of God Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Registered Charity Number: - 1200614

INTERNATIONAL GRACE OF GOD CHURCH a Charitable Incorporated Organisation

TRUSTEES’ REPORT AND

FINANCIAL STATEMENTS

FOR THE YEAR END 31 March 2024

INTERNATIONAL GRACE OF GOD CHURCH 16 Campbell Gordon Way

LONDON

INTERNATIONAL GRACE OF GOD CHURCH

CONTENTS

FOR THE YEAR ENDED 31 March 2024

TRUSTEES' REPORT ....................................................................................................................................................... 3 INDEPENDENT EXAMINER'S REPORT ....................................................................................................................... 6 STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 8 BALANCE SHEET ........................................................................................................................................................... 9 NOTES TO THE FINANCIAL STATEMENTS ............................................................................................................ 10

INTERNATIONAL GRACE OF GOD CHURCH

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit.

Objectives and aims

The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

INTERNATIONAL GRACE OF GOD CHURCH

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Name of Charity INTERNATIONAL GRACE OF GOD CHURCH

Charity registration number 1200641

Company registration number CEO030361

Principal address 16 Campbell Gordon Way

London

NW26RS

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Ivan Pereira Costa

Joselaine Rodrigues Araujo

Andrea do Valle Marques French

Maria Isabel Santos de Abreu

Independent examiners

SJPR Accountants Ltd

225 Clapham Road

London

SW9 9BE

INTERNATIONAL GIL4CE OF GOD CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 March 2024

INTERNATIONAL GRACE OF GOD CHURCH

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 March 2024

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended

Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

INTERNATIONAL GRACE OF GOD CHURCH

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 March 2024

........................................................................

Sansao Rodrigues

SJPR Accountants Ltd

225 Clapham Road

London

SW9 9BE

INTERNATIONAL GRACE OF GOD CHURCH

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 March 2024

Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Raising funds 3 Charitable activities 4 Other 6 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	Unrestricted funds £ Total Funds 2024 £ 38,992.90 38,992.90
	38,992.90 38,992.90
	242.52 242.52 30,335.37 30,335.37 4,340.95 4,340.95
	34,918.84 34,918.84
	4,074.06 4,074.06
	4,074.06 4,074.06 - -
	4,074.06 4,074.06

INTERNATIONAL GRACE OF GOD CHURCH

BALANCE SHEET

FOR THE YEAR ENDED 31 March 2024

Recommended categories by activity Notes Current assets Cash at bank and in hand 7 Total current assets Total net assets or liabilities Funds of the Charity Unrestricted funds 8 Restricted income funds 8 Endowment funds 8 Total funds	Unrestricted funds £ Total Funds 2024 £ 4,074.06 4,074.06 4,074.06 4,074.06
	4,074.06 4,074.06
	4,074.06 4,074.06 - -
	4,074.06 4,074.06

The financial statements were approved by the Board on 29-Jan-2025 and signed on its behalf by:

........................................................................

Andrea French (Trustee)

INTERNATIONAL GRACE OF GOD CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

1 Accounting Policies

1.1 Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.2 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.3 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

2 Income from Donations and Legacies

Analysis Donation and gifts	Unrestricted funds £ 38,992.90 38,992.90	Total funds 2024 £ 38,992.90
		38,992.90

3 Expenditure on Raising Funds

Analysis Investment administration costs	Total funds 2024 £ 242.52
	242.52

INTERNATIONAL GRACE OF GOD CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

4 Expenditure on Charitable Activities

Total funds 2024

	Total funds 2024
Analysis Charity management & administration Advertising and marketing Printing and stationery Legal/professional fees Staff costs Support Costs	£ 3,562.55 62.13 217.20 18,548.52 6,437.97 1,507.00
	30,335.37

5 Support Costs

Analysis Governance Costs Accountants’ fees	Total funds 2024 £ 1,507.00 1,507.00

6 Other Expenditure

Analysis Material item expense Sub- Contract Cost	Unrestricted funds £ 240.95 4,100.00 4,340.95	Total funds 2024 £ 240.95 4,100.00
		4,340.95

INTERNATIONAL GRACE OF GOD CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

7 Cash at bank and in hand

Total funds 2024

	Total funds 2024 £
Metrobank	4,074.06
	4,074.06

8 Charity funds

8.1 Details of material funds held and movements during the CURRENT reporting period

Fund names Unrestricted funds Total	Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £
	- 38,992.90 (34,918.84) - - 4,074.06
	- 38,992.90 (34,918.84) - - 4,074.06

8.2 Transfers between funds This Year

Amount £ Between unrestricted and restricted funds - Between endowment and restricted funds - Between endowment and unrestricted funds -