MINISTERIO RIO DE AGUAS VIVAS
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] OCTOBER 2024
CHARITY NUMBER: 1205335
MINISTERIO RIO DE AGUAS VIVAS THE PHOENIX CENTRE 132 A MILE CROSS ROAD NORWICH NR3 2LD
Index 1 Trustees’ Report 2 - 3 Accountant’s Report 4 Receipts and Payments Account 5 Statement of Assets and Liabilities 6 Notes on the financial Statements 7
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MINISTERIO RIO DE AGUAS VIVAS
TRUSTEES’ REPORT YEAR ENDED 31[ST] October 2024
The trustees are pleased to present their report for the year ended 31[st] October 2024 for the charity, Ministerio Rio De Aguas Vivas with charity number 1205335.
The Trustees of the charity are: Jose Manuel Da Costa Guerreiro
Regina Dos Ramos Pires, Carla Maria Guiva Morais Manilza Paula Conceicao Almeida, Ana Patricia Do Espirito Correia
The principal address of the charity is : The Phoenix Centre 132A Mile Cross Road Norwich, NR3 2LD
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a CIO- Foundation made on 20/10/2023.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
OBJECTIVES AND ACTIVITIES
The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.
ACHIEVMENTS AND PERFORMANCE
The Organisation continues to hold regular worship meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation also continued to hold conferences during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping the members of the community.
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FINANCIAL REVIEW
The income of the charity is above £9,000. This is a fair amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the rent it uses for its meetings.
RESERVE POLICY
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure .This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.
RISK MANAGEMENT
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
TRUSTEE RESPONSIBILITIES
Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 28[th] August 2025 and signed on their behalf by:
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INDEPENDENT ACCOUNTANTS’ REPORT TO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF 31[st] October 2024.
We report on the accounts for the year ended 31[st] October 2024 comprising the receipts and payments statement.
Respective responsibilities of trustee and reporting accountant
The trustees are responsible for the preparation of the accounts and they consider that the charity is exempt from an audit. It is our responsibility to carry out procedures designed to enable us to report our opinion.
Basis of opinion
The work was conducted in accordance with Generally Accepted Accounting Procedures as it relates to charity accounts prepared on a receipts and payments basis and so our procedures consisted of comparing the accounts with the accounting records kept by the company and making such limited enquiries of the trustees of the company as considered necessary for the purposes of this report. These procedures provide only the assurance expressed in our opinion. These procedures do not constitute an audit. Accordingly, we do not express an audit opinion on the accounts. Therefore, our report does not provide any assurance that the accounting records and the accounts are free from material misstatement.
Opinion
In our opinion
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a) the accounts are in agreement with the accounting records kept by the charity as required by the charity laws of England
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b) having regard only to, and on the basis of, the information contained in those accounting records
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i) the accounts have been drawn up in a manner consistent with the accounting requirements of the charity laws of England
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ii) the charity satisfied the conditions for exemption from an audit of the accounts for the year specified in the laws of England and did not, at any time within that year, fall within any category of charity not entitled to the exemption.
Fresh Fire Business Services Unit 5 Generator Business Centre 95 Miles road Mitcham, CR4 3FH.
Dated: 28[TH] -Aug-2025
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MINISTERIO RIO DE AGUAS VIVAS
ACCOUNTS FOR THE YEAR ENDED 31st October 2024
| **1 ** | Receipts & Payments Account (General | Purpose Fund) |
|---|---|---|
| Income Receipts | ||
| £ | ||
| 2024 | ||
| Donations | 9404 | |
| Interest | 0 | |
| ___ | ||
| Total Receipts | 9404 | |
| ___ | ||
| Direct Charitable Expenditure | ||
| Hire of Hall | 3828 | |
| Travel | 1500 | |
| Chuch Supplies | 1100 | |
| Welfare | 3278 | |
| 9706 | ||
| Other Expenditure | ||
| Equipments | 0 | |
| Instruments | 0 | |
| ___ | ||
| 0 | ||
| Total Payments | 9706 | |
| Net Receipts/(Payments) for the year | -302 | |
| Cash Funds brought forward | 403 | |
| ___ | ||
| Cash Funds at the end of the year | 101 | |
| ___ | ||
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MINISTERIO RIO DE AGUAS VIVAS
2 Statements of Assets and Liabilities at 31st October 2024
| Cash Funds Bank Total Cash Funds Assets Retained for the Charity's Own use Musical Instruments Equipments Liabilities Accounting fee |
Unrestricted Funds 2024 £ 101 _ 101 _ 550 330 ___ 880 180 |
|---|---|
Approved by the Trustees and signed on their behalf:
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MINISTERIO RIO DE AGUAS VIAS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st October 2024
ACCOUNTING POLICIES
Basis of Accounting
These accounts have been prepared on the receipts and payments basis under section of the Charities Act 2011.
Funds
Unrestricted funds are those which can be used at the Trustees' discretion. Restricted Funds are those whose purposes have been restricted by the donor.
Public Benefit
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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