CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 09 June 2023 Period end date Period start date To 08 June 2024 Charity name: LIVINGSPRINGMINISTRIES Charity registration number." 1203490 Objectives and Activities SORP referen Para 1.17 Summary of the purposes of the charity as set out in its goveming document The advancement of the Christian faith for the benefit of the public in accordance with the basis of faith primarily but not exclusively in Croydon. the UK and overseas We have conducted online public worship services by zoom every Sunday and celebrated special Christian festlve periods services including Christmas and Good Friday and Easter as well as year- end Crossover service on 31 December. We also had midweek fellO￿%hIP activities including interactive Bible studies and teaching sessions, prayer meetings as well as the first three days of each month dedicated to fasting and prayer programmes with the lasl Saturday of each month belng used for outreach evangelism and witnessing. We carried out home visits for the elderly by our DBS cleared Trustees, hospital visits to the sick and conducted some funerals at the Croydon cemetery chapel as well as carried out home child dedication and onducled wedding ceremony with our Pastor officiating. We also encouraged and supported in prayers two people who worship with us that went on self- sponsored overseas evangelism mission for two weeks. One of our Trustees helps in a local food bank as a volunteer worker. We also successfully articulated a statement of faith document as well as safeguarding policy document and registering with thirty one eight {https:Ilthirtyoneeight.org) IOT DBS clearance processing, safeguarding policy advice. compliance and provision for relevant su port services if the need Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or Se￿iceS identified in the accounts. Para 1.17 and 1.19 arises. The Trustèes are committed to ensuring compliance with the Charities Commission guidance on public benefit. In furtherance of this objective, the Trustee Chair has registered and attended various relevant training seminars conducted by the Charities Commission Outreach Team from time to time. In addition. the publications PB1, PB2 and PB3 has been read for uidance. Statement confirming whether the trustees have had regard to the guidan issued by the Charity Commission on public benefit Para 1.18 Additional infomiatlon (optional) You ma choose to include further statemenls where relevant about: SQRP rele￿nCe We do not make grants. We only support the poor and needy through material support and financial support mainly donated personally by Trustees and other voluntary donors. An example was donations for victims of disaster in Yemen channelled throu n Doors. We currently do not have any activity involvement on this Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related invesbnent We rely heavily on voluntary contribution niade by volunteers. All the Trustees including the Trustee Chair who also serves as the Pastor contribute their services voluntarily in unpaid capacity. Para 1.38 Contribution made by volunteers Other Achievements and Performance SORP referen The achievements include personal and collective spiritual upliftment benefit and enhanced wellbeing. encouragement and support from fellowshipping with others and deeper knowledge of Christian doctrines and responsibilities expected with relevant impacts on personal lifestyles and assisting neighbours in the community through service delivered teachings and practical implementations making participant beneficiaries better Christians in personal character and practical community benefit impacts. Participants have also become less inhibited in sharing their Christian faith with total strangers respectfully in polite and friendly manner. We have also supported some home bound worshippers through home vlsits to administer Holy Communion and pray with them which have proved positively impactful in encouraging them that they are not forgotten nor abandoned. We have also been able to support bereaved families through assisting with funeral service planning and conducting such to the relief of beneficiaries. Similarly we have brought relief lo marriage couple by officiatin the weddin ceremon Summary ofthe main achievements ofthe charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Addltional information (optSonal) You ma choose to include further statements where relevant about= NOT APPLICABLE FOR THIS PERIOD Achievements against objectives set Para 1.41 NOT APPLICABLE FOR THIS PERIOD Perfomance of fundraising activities against objectives set Parn 1.41 NOT APPLICABLE FOR THIS PERIOD Investment perft)rmance against objectives Para 1.41 NIL Other Financial Review Review of the charity's financial position at the end of the eriod Statemenl explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Detsils of fund materially in deficit Explanalion of any uncertainties about the harity continuing as a going concern Para 2.21 The financial position was positively in credlt as the expenditure was lower than the income Not applicable for this period being first year and by virtue of the level of income but will be addressed later Nota licable for this eriod Not applicable for this period Not applicable for this period, as account is not in deficit Not applicable for this period P8ra 1.22 Pard 122 Pard 1.22 Para 1.24 Para 1.23 Additional informatlon (optional) You ma choose to include further statements where relevant about: The principal sources of funds are voluntary financial contributions through donations as tithes and offerings. We have not carried out any fund-raising activity to date. We intend to facilitate gift aid benefit by those who are taxpayers and pursue the relevant processing with HMRC. The charity's principal sources of funds (including any fundraising) Para 1.47 Not applicable for this period Investment policy and objeclives including any social investment policy adopted Para 1.46 Not applicable for this period by virtue of income level but will be addressed later A description of the principal risks facing the Gharity Para 1.46 NIL Other Structure. Governance and Management Description of charity's trusts.. Type of governing document Para 1.25 CIO Foundation model constitution How is the charity constituted? Para 1.25 cio ).Isocialion. CIO j Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person Of body entitled to appoint one or more trustees Para 1.25 Trustees can be appointed by current founding Trustee members in compliance with the constitution subject to a minimum of 3 and maximum of 12 Trustees. Holders of the position of Secretary, Treasurer and second Pastor automaticall become Trustees Additional information (optional) You ma choose to include further statemenls where relevant about- Trustees are issued with copies ot the charity's constitution. Trustees are encouraged where able to attend Charity Commission training webinars and attendees share information with others unable to attend. Trustees are required and have all undergone DBS clearance and issued with clearance certificates. We currenlly have the founding th￿e Trustees comprising the Trustee Chair who doubles as the Pastor, and other trustees serve one as Treasurer and another as Secretary. We intend to apply for membership of the Churches Together in England and Evangelical Alliance. Policies and Pro￿dureS adopted for the induction and training of Irustees Par& 1_51 The charity's organisalional structure and any wider ne￿Ork with which the charity works Para 1.51 Currently none officially Relationship with any related parties Para 1.51 Other NIL Reference and Administrative details Chari name Other name the chari uses Re istered chari number Charity's principal address LIVINGSPRINGMINISTRIES 1203490 Union House 111 Union Street Coventry CV12NT Names of the charity trustees who manage the charity Trustee name Office lif any) Dates acted if not for %*thoJe èar Trustee Chairl Pastor Treasurer Name of person lor body) entrlled toa oint trustee ifan Dr Abiodun Obafemi Mrs Funmilayo Obafemi Dr James Olaoshun Secretary 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Director name NOT APPLICABLE ortwasa roved Name of trustees holding title to property belonging to the charity Trustee name Dates acted If not for w170Je NOT APPLICABLE ear Funds held as custodian trustees on behalf of others Descriplion of the assets NIL held in this capacity Name and objecls of the charity on whose behalf the assets are held and how this falls within the custodian Gharity's objects NOT APPLICABLE Details of arrangements for safe custody and segregalion of such assets from the charity's own assets NOT APPLICABLE Addltional information (optional) Names and addresses of advisers (Optional information) Type of Name Address adviser -NIL -NIL - NOT APPLICABLE Name of Chief executive or names of senior staff members (Optional information) NOT APPLICABLE Exemptions from disclosure Reason for non-disclosure of ke ersonnel details NOT APPLICABLE Other o tional information NOT APPLICABLE Declarations The trustoes declare that they have approved the tTUStees' report above. Signed on behalf of the charity's trustees Signature{s) Full name(s) Position (eg Secretary, Chair, etc) Dr Abiodun Obafemi Trustee Chair Dr James Olaoshun Secretary Date 4 April 2025 CHARITY COMMISSION FOR ENGLANO AND WALES Receipts and payments accounts For the period from CC16a 09-Jun-23 08-Jun-24 Section A Receipts and payments Unrestricted funds to neartyst Restricted funds Endowment funds trj the r*arest £ Total funds Last year A1 Recei Volunta ts• Il* r*arg8t £ ts to thTr n￿lest £ to thp neÈTeSt £ nlnbuiDn Qfferin 1,844 Sub totsl(Gross income forAR) A2 Asset and investment $ttles. see table Sub total TotalreGeipts 1.844 A3Pa ments 338 145 204 Prem￿{￿hIp fees for Safeguardifv Website 338 145 help Onliiie pL311oftn lees SoflwHre feès Offlco lee Sta 100 209 209 100 100 48 45 Sub total 1,189 1.189 A4 Asset and investment pur¢hases,15ee table) Sub total Totalpayments 1,189 Netof re¢eipts/(paymentsJ A5 Transfers between funds A6 Cash funds la$1 year end Cash funds this yèar end 655 655 655 855 Section B Statement of assets and liabilities at the end of the period un￿sEriCted funds lo naargst £ Categorie$ Restri¢t8d funds Details Endowment fund$ to nÈaTgSt £ B1 Cashfunds to nE3rest £ Total cash funds CCXX R1 accounts ISSI Unreslricted fund$ tts nparest £ Restricted fund5 Endowment funds to n2argst £ to nBarost £ elai15 Fthl to ¥J14eh 35sBI bplim Curretrt value C<6t IoFIi¢w011 Detiil. 83 Investment assets to which Jsset I