CHURCH ACCOUNTS Prepared for NORTHAMPTON LIFE CHAPEL CHARrrY NUMBER.. 1205173 FOR PERIOD 12TH OCTOBER 2023 TO 31 ST DECEMBER 2024
NORTHAMPTON LIFE CHAFEL CHURCH INFORMATION Charlty Numt*r 1205173 Trustees Reverend VKla Amanda S Tan(k)h Nanette Jantuah Chukwuemeka Onuah Nathan AlYens R•gister•d Offlc• SO Victoria Road Northampton NN1 SEQ Examlnérs Trackrecord8 Management S8Nices Mit6d 7 c(hran Close Cro%111 Milton Keynes MK8 OAJ
NORTHAMPTON LIFE CHAPEL FOR PERIOD 12TH OCTOBER 2023 to 31ST DECEMBER 2024 REPORTS The Trustees presents their report arKI financial statements for thg year ended 31 ST December 2024 Objects of the Church The objects of the Church stated below have been set up to primarilty befit th8 public.. {a} to advanc8 the Christian faith in several ways and in different parts of the United Kingétjn or the wcyld as the Chur¢h Board from time to timè may think fit (b) to relleve sickness and linanaal hardship and to promote and pr8S8rv• good health by the provlslon of funds, goods or seNices of any kind including the provision of counsellir and supwt in such parts of the United Kingdom or the wcffld as the Church 8oard from tlme to time think fit,. ar4J' (cl to advanca educaticffl in such ways arvj in such parts of the United knnodom or the world as the Church 808rd from time lo tima may think fit especially in parts of the UK where its users are drawn from, in particular in the advancement of education. t furtherance of health and the relief of poverty, distress and sickness among childrén women and other5 vtho are disadvantaged and the underprivileged. Actlvltle$ of tho Church Wh•n planning the activrties of the church for the year, the church board taka$ into account the charities ccmmission guidance on public benefit and, in particular. the speafic guidance on Gharities for the advancement of religion. In parlicular the church board tries to enable ordinary people to live out their faith as part of our chch through the following activities-. Mondays Conselling Sessions to identify needs. Provision of Food Bank, monetary gifts to relieve sickness and financial hardship Wednesdays Choir Practice in preparation of Sunday Services Gathering of Saints to SO¢ialise, share Kleas and identify needs
NORTHAM PTON LIFE CHAPEL FOR PERIOD 12TH OCTOBER 2023 to 31ST DECEMBER 2024 Thursdays Bible Studi8S to toach about the Christian Faith through the bible. Forum to give guidance on how to follow God, improve S"ntual1ty and hchv to Ilve better Ilves Sundays Church Service where Ihe community comes together to wais8 armj wotship the Lord through music and bible reading to glLYfy God. Last Frfd•y of •v•ry month Prayer night to pr8y for needs and each other ar¥J the Gommunty. This includes fasting as part of our Christian Faith Visltatlons Monday8 & Saturdays Visitations to thurch members lo get to krMY+V ih•m b•tt8r, understand and address their heartfelt n88ds. provide encouragement and assistance in th8 name of Jasus, and express thrgh words and deeds the constanl love and care of God. Evangelism Spreading the Chrisb'an gospel by personal wtness, and telling people atout the life and leaching cf Jesus Christ lo encourage Ihem also to become his follow8rs. Thls is done through street evge115M and distr]'butson of Christs'an tracks.
NORTHAMPTON LIFE CHAPEL FOR PERIOD 12TH OCTOBER 2023 to 31 ST DECEMBER 2024 Flnancial Review of the Charity The Churches'8 r8sult5 for the y8ar and its finanaal FositI at the end of the year are fully disc105ed in the attathd finanual statements. The total Income for the year amounted to £78.980.83 We are very gratèful to all church members wA)o have generously given financially and all help offered in th8 last years to keep the church goiTVJ. Tangiblo flxed assets for use by the charlty There is no movements in the fixed assets Cornmlttoe of M•mb•rn' r•sponsibillti•s The charity law requires thé ¢cmmittee of members to prepare financial statements for each financial year, wtlich give a trua vivw of the financial activitiès of the charity and of its financial position at end of that period. In prepariw those financial statements, the committoe of members is required" a) Solect suita8 accounting pollcies arKI aply thaffl consist8ntly', bl Make judgements and estjmates that are reasonable prudent., c) Slate ether the wlici8s adopted are in accordance applicable accourting standards and statements of recommended aCcnting practices, subject lo any malefial departures disclosed and explaine(l in the financial stalemenls.. dl Prepare financial stalamenls on a going concem basis unless it is inappropriatè to assurne that the ctiarity will contsnuo in operatson. The committa8 of members is responsible for keeping proper accounting records, v4hich ¢Ji$d05es with raasonable accuracy at any ts'me, the finrial rx)sition of the chanty and to enable them to ensure Ihat the financial statements comply with Chant18s Act. They ar8 also responsible for saleguardlng the assets of It charity and hence for taking reasonable steps for the prevem'on arKI detecli¢)n of fraud and 0r irregularities.
NORTHAMPTON LIFE CHAPEL FOR PERIOD 12TH OCTOBER 2023 to 31ST DECEMBER 2024 Examiners A re601ution to appoint Messer Trackrecords Management Services Ltd as examiners for the ensurin9 year has been proposed and agreed ai the amual general Meeting in accordan with ihe Charitie8 Act. Approval The report was approved by the committee of members on the Il 1rf*2025 and signed on its behatf Rev. Vkla Amanda S Tandoh
NORTrIAMPTON LIFE CHAPEL FOR PERIOD 12TH OCTOBER 2023 to 31 ST DECEMBER 2024 Examiners Report Wè have examined the financial statements in this repcKt, lch have been prepad followna the accounting policies. set in the report. Respective responsibilities of trustees and examiners As described in report, Ihe trustees of thè Northampton Life Ch¥el are sponSible for the preparation of financial statemerrts. It is responsibilities to form an ind8p8ndent opinion, based on our examinats'on, on the sLements and to report our opinion to you. 8as1s of oplnion W8 conducted our examination in w£ordance wlth standard$ Charity accounting and independent examirkqtion. The examination is on test basis, of thè èvid•nc8 relevant to the amount of disclosures in the financial statements. It includes an assessment of the significant estimates and I1gements made by the committee of the members in preparation of the financial statements and whether the accounting policies ar8 appropriate to the charity's drcumstance, consistently applied and adequately disclos. We planned and perfomed examination of the ()curnents to obtain all the infomation and explanations vthich we considered necessary in or(f8r to provide us with Sufficient evidence to giv8 roasonable assurance that the finartial statements are free form matenal misstatements. ¥thether cajsed by fraud or olher irregularities or orror. In ft)rmina our opinion, we also evaluated the overall adequacy of the presentation of the infomi8tion in the statements. Opinion In our t)pIrOn the financial statoments glve a fair view of the state of tha charities affairs at 31 December 2024 and of its surplus for the period ended and have properly prepared in accordance with regul*'ons of chrtS Ad. Datè: 1410212025 TrACKRECQRDS MANAGEMENT SERVICES LIMITED 7 Cochran C1058 MILTON KEYNES MK8 OAJ
NORTHAMPTON LIFE CHAPEL FOR PERIOD 12TH OCTOBER 2023 to 31ST DECEMBER 2024 INCOME & EXPENDITURE 2024 R•strlGted Funds Unrv4tricted Funds TotAI Funds INCOME Su ort Northam WNC Finance Offerin Tithes Donation on 2,500. 22,125.QhJ 2,500.00 22,125.00 23,945.05 17,038.41 13 372.37 23,945.05 17,038.41 13 372.37 Total Income 78,980.83 EXPENDITURE Su ort Pro Church E ui Church Ex enses Church Insurancè Marketin Aecount8n¢ Rent airs & Maintenance Slatione & Printin Subscri tions Tele hone Ex De reciation ects ment 24,454.77 24 454.77 9,854.95 5,251.29 254.51 500.00 500.00 5 830.00 306.52 53.98 887.05 1959.84 0.00 9,854.95 5 251.29 254.51 500.00 500.00 5,830.00 306.52 53.98 887.05 1959.84 nses Total Exp•ndlture 49,852.91 NET PROFIT 29,127.92
NORTHAMPTON LIFE CHAPEL FOR PERIOD 12TH OCTOBER 2023 to 31 ST DECEMBER 2024 CONTrN OPERATIONS: None of the Churche3 aclivilies kntre acquired or discontinued during the above financial period STATEMENT OF TOT ECOGNISED GAINS AND LOSSES Ther8 were no recognised ggins or losses In the above financial p8riod olher than the results for the period and. accordingly no statement of total regnISed gains and losses has been prepared l approve the above accounts and confirm Ihat I have made available 811 necessary informallon for their wepaiation R8V. a Amanda S T ACCOUNTANTS REPORT We have prepared the alve accounts withoul carrying Out an 8udll and from informalion from Northampton Life Chapels books and records 8nd explenalions suppplied lo us. Trackrecords Management SeThices Limited 7 Cochran Close Crownhill Milton Keynes MK8 OAJ
NORTHAMPTON LIFE CHAPEL BALANCE SHEET AS AT 31ST DECEMBER 2024 Unrestrlcted Funds Notes FIXED ASSETS Tan Ible assets CURRENT ASSETS Deblors Current Account 36,481 CREDITORS Amoun18 fallin due Net Current Asselsl Liabilities Total Assets Less Current Liabilities NET ASSETS I (LIABILITIES) 36,481 GAPITAL & RESERVES Proflt and loss account Profil and loss reseNe 29,128 7,353 36,481 In approving these financial statements as the Trustee of the Church. I hebY confim that these accounts have been prepared in accordance wtlh the provisions appliGable to the Charilies Act Rev. Vlda Amanda oh The financial statements were approved by the board of Trustees IS 16b2025
NORTHAMPTON LIFE CHAPEL BALANCE SHEET AS AT 31ST DECEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS 1. ACCOUNTING POLICIES a) Basts of accounting The financial statements have been prèpared under the historical cost convention. bl Income Income represents various financial donations received to fund the operations of the church c) Depreciation Depr8aatiDn is provided tangiise assets at rates calculated to write off the cost of each asset over its expected useful life. Tha rat8s used on a reducing balance are as follows". Equipment, Fixtures & Fittings 25% Straighl line 2. INCOME The income arKI profit for the year is all attributed to the company's wincApal activity and all s8rvic8$ have been provided to the United Kingdom market. PENSIONS The Church does not operale a pension scheme. 3. OPERATING PROFIT The operating profit is stated after chwging.. 2024 De?clatIon of tangible fixed assets Pastors remuneration included Pastors pension contributions 4. TAX ON ORDINARY ACTIVITIES This repr8sents corporation tax 0% based on profft for the year on ordlnary activities
NORTHAMPTON LIFE CHAPEL BALANCE SHEET AS AT 31ST DECEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS 5. TANGIBLE FIXED ASSETS Cost 31ST December 2024 Additions At 31ST Decernber 2024 D•prnclation Charge for the year At 31ST December 2024 Net Book Value 31ST Drnber 2024 6. Debtors Deblors 7. CREDITORS-Amounts falllng du• less than 1 year Trade Creditors
NORTHAMPTON LIFE CHAPEL FOR PERIOD 12TH OCTOBER 2023 to 31ST DECEMBER 2024 Detalled In¢orn• & Expendfturn Restricted Funds Unrestiicted Fund¥ Total Funds INCOME ort Northam WNC Finance Offerin Tithes Donaknon tc 2,500.QK) 22,125.00 2,500.00 22,125.00 23,945.05 17,038.41 13.372.37 23.945 05 17.038.41 13,372.37 Total Income 78,980.83 EXPENDITURE Su on Pro ects Church Equi ment Church Ex enses Church Insurance Market'n Accountanc Rent Repairs & Maintenance Stationery & Printin Subscriptions Telephone Ex rociatson 24.454.77 24,454.77 9,854.95 5,251.29 254.51 500.00 500.00 5,830.00 306.52 53.98 887.05 1,959.84 0.00 9.854.95 5,251.29 254.51 51)0.00 500.00 5,830.(XI 3C6.52 53.98 887 05 1,959.84 enses 49,852.91 NET PROFIT FOR YEAR 29,127.92
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