SPRING OF LIFE ORISUNIYE GLOBAL EVANGELICAL
OUTREACH MINISTRIES
ANNUAL RETURN FOR YEAR END
ST
31 of December 2023.
C)iOBAL Our
JOMPI 1..4

SPRING OF LIFE ORISUNIYE GLOBAL EVANGELICAL
OUTREACH MINISTRIES
CONTENTS PAGE
Legal and administrative information
Report of the trustees
Independent Examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
10-12
Income and expense statements
13

SPRING OF LIFE ORISUNIYE GLOBAL EVANGELICAL
OUTREACH MINISTRIES
Legal and administrative information
Trustees
Oluwatoyin Margaret Akinwunmi
Ayowal¢ Odcy¢mi
Oluwarotimi Adeniyi
Joseph Adeniyi
Chairperson.
Address
Unit 4, Greenburn Centre, Selinas Lane, Dagenham, Essex, RM8 IQH
CHARITY REGISTION NUMBER . 1202879
Independent Examiners
Solomon Allistar IMAATI
54 Carriocca Business Park,
Hellidon Close, Ardwick
Manchester
M12 4AH
Bankers
Zempler Bank

SPRING OF LIFE ORISUNIYE GLOBAL EVANGELICAL
OUTREACH MINISTRIES
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
The objects of the organisation are for the benefit of the public.. to advance the Christian faith in accordance with the
statement of faith in such ways and in such parts of the United Kingdom by organisation from time to time as the
trustees deem fit. to relieve sickness and financial hardship and to promote by the provision of funds. goods or
services of any kind including through the provision of funds and sUPPOrt in such parts of the United Kingdom as the
trustees deem fit from time to time.
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
support 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 from the weekly tithes and church building funds, other
church contributions such as thanksgiving, annual conference, travel, and music funds.

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 Ch3rity 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 consistently.
Made jLJdgments 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 Charities 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

OUTREACH MINISTRIES
Report of the Trustees for the Year Ended 31st December 2023
We. •$ theTrustees ol the Ch•rlty WI￿ held offlce •1 the date ol approval ol these flnaficlal
statements 8$ set ovl p4e 2 exh cmftrm. so f•r as we •re 8ware. that:
There Is no relevant Infomatlon ol whlch ihe Charttrfs Independent exarnlner are
un¥waTe: and have taken all the step5 that we ou8ht to have taken as Trustees In
order to mako ourselyts aware ol any relevant Informallon and to estab115h thot the
ct*rlty's Indepen￿nI examlner15 aware of thai IDfomi•tlon.
The (hath's h)depakni examlner, Solomon Alllstsr (MAAT) ofW BUSINESS suppoKr LTD has
dkated thelr wllliw to contlnue In ofllce and offer thefflselve5 for appolntment
Thts reikn was aFproved by the Trustees on and Signed on thelr behalf br.
Oluwatoyin MargaretAk1rN￿nrn1
Chalrman/frustee
1611012024

SPRING OF LIFE ORISUNIYE GLOBAL EVANGELICAL
OUTREACH MINISTRIES
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.
This report is made 501ely 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 tharity'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 thari the
charity and the charity's Trustees as a body, for my examination work.
Respective Responsibilities of Trustees and Examiner
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 Actl and that an independent examination is needed.
It is my responsibility to:
Examine the accounts lunder Section 145 of the Charities Act).
To follow the procedures laid down in the General Directions given by the Charity
Commissioners lunder Section 14515llbl of the Charities Actl- and
To state whether matter5 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 Examiner'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 respect 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
1611012024

SPRING OF LIFE ORISUNIYE GLOBAL EVANGELICAL
OUTREACH MINISTRIES
Statement of financial activities for the year ended 31st December 2023.
Unrestricted Restricted
Tot81 Funds
Total Funds
2023
2023
2023
2022
Notes
Jneoming Resourees
General offerin¥5
Gift Aid
12,592.00
12,592.00
Grants
li
Total Incoming Resollrces
12,592.00
12,592.00
Resources eYpended
Direct charitable expenditure
Governance costs
11.237.lJO
2511.110
11.237.00
250.uo
Total resources expended
11,487.110
11.487.110
Movement in total fund for
the year- Net illcome I
(expenditure) for th¢ >'eAr
1,105.0
Net Gain (Los50 on
investment
1,105.01
Fund Bal blf
1,105.00
Fund Bal clf

SPRING OF LIFE ORISUNIYE GLOBAL EVANGELICAL
OUTREACH MINISTRIES
Balance sheet as of 31st December 2023.
2023
2023
2022
2022
Notes
FIXED ASSETS
Tangible assets
CURRELYT ASSETS
12
2,400.00
Debtors
13
Cash at bankl e#sh in hand
1.105.00
CREDITORS amount5 falling
due withiTh one ye#r
NET CURRENT ASSETS
1,105.00
TOTAL ASSETS LESS
CURRENT LIABILITES
3,505.00
CREDITORS amounts falling
due more than vear
13
NET ASSETS
3,505.00
CHARITY FUNDS
Unres¢ri¢ted funds
3,505.00
TOTAL FUNDS
3,505.00

SPRING OF LIFE ORISUNIYE GLOBAL EVANGELICAL
OUTREACH MINISTRIES
Notes to the Financial Statement for the Year Ended 31st December 2023
l. AcLollnting 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 revalua¢ion 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 Tesources from generated funds
Incoming Tesources from generated funds represents donations towards weekly
tithes, church building fund, thanksgiving, annual conference, travel and other
contributions
c) Incoming resources. Interest receivable
Interest is credited 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 perforn]ance 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, OT the recipient has a reasonable
expectation that they will receive a grant and any condition attaching to the grant is
outside of the control of the Trust.
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 OT the amount of grant payable.
Governance costs include those incurred in the governance of its assets and are
primarily associated with constitutional and statutory requirements.
Support cost5 include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources.
Dcprcciation
Depreciation is calculated at rates estimated to write off the cost of all tangible fixed

ass¢ts ov¢r th¢ir ¢xp¢¢t¢d us¢ful lives..
Equipincnt, Fixturcs and Fitting: 201/b o
During the year under review, the church decided to continue to separate its
equipnient from its furnitui'e fixtures and fittings. A depreciation rate of 20 % was
applied on ¢ach category on a reducing balanc¢ basis.
e) Fund structure
The principal accounting policies are set out below. The accounting policies have been
adopted consistently throughout the year.
The funds held by the charity are either..
Unrestricted general fiu]ds - these are fi￿dS which can be used in accordance with the
charitable objects at the discretion of the trustees.
Designated funds - these are funds eamiarked by the trustees out of unrestricted
general funds for specific future purposes or projects.
Restricted funds - these are funds that can only be used for Testricted
purposes within the objects of the charity. Restrictions arise when specified by the
donor or when funds are raised for restricted purposes.
Endowment funds - these are funds that represent assets which must be held
permanently by the charity. Income arising on the endowment fund can be used in
accordance with the objects of the charity and is included in unrestricted income. Any
capital gains or losses arising on the investments form part of the fund. Investment
managFement charges and legal advice relating to the fund are charged against the
fi￿d.
fj VAT
The charity is not registered for V AT and accordingly expenditure includes VA T were
appropriate.
2 Income resources
Income comprises of donations and tithes
3 Employee information
None of the trustees received any remuneration or reimbursement of expenses during
the year.
4 Net income resources
This is stated after charging
2023
2022
POST Depreciation
2,400.00
5 Taxation
The charity is exempt from corporation tax on its charity.

6 Tangible fixed assets
Equipment
Fixtures
and fittings
Total
Cost:
At l January 2023
Additions
At 31 December 2023
3,000.00
3,000.00
3,000.00
3,000.00
Depreciation
At l January 2023
Provision for year
At 31 De¢ember 2023
600.00
601).00
600.00
600.00
NET BOOK VALUE
2,400.00
2,400.00
7 Debtors
2023
2022
Prepayment and loans
8 Creditors: amounts falling due more than one year
2023
2022
Other Creditors
8 Creditors: amounts falling due within one vear
2023
2022
Other Creditors

Income and Expense Statement
INCOME
Voluntary Donations
12,592.00
TOTAL INCOME
12,592.00
EXPENSES
Hall hire
3,200.00
699.00
Computers
Clothing
Travel
1,600.00
1,200.00
150.00
Miscellaneous
Admin Cost
440.00
Professional Fees
250.00
Sllbsistenee
352.00
Musical instrument
Evangelism
700.00
2,646.00
Total Expenses
11,237.00
Surplus
1,105.00