Registered number: N1649994
LIFE OF GRACE MINISTRIES INTERNATIONAL
DIRECTORS, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
Proactive Chartered
Accountants Limited
Hands-on Financial Reporting

Life of Grace Ministries International
Directors, Report and Unaudited Financial Statements
For The Year Ended 31 December 2022
Contents
Page
Company Inforn]iltion
Directors, Report
Accountants, Report
Income and Expenditure Account
Balance Sheel
Notes to the Financial St<ilements
The following pages do noi forni part of the slatulory accounts:
Detailed Income and Expendilure Account

Life of Grace Ministries International
Company Information
For The Year Ended 31 December 2022
Directors
Mrs Karis.se Chodeva
Mr Michael Chodeva
Ms Rosario Lacaba
Company Number
N1649994
Registered orrice
l Oa Castlereagh Road
Belfasl
BT5 5FP
Accountants
Proiictive Chartered Accountant% Limited
Chartered Accounlanls
Opus Hou%e
137 York Road
Belf¢i%l
BT15 3GZ
Page I

Life of Grace Ministries International
Company No. N1649994
Directors, Report For The Year Ended 31 December 2022
The directors present their ￿port and the financial 5tatemenls for the year ended 31 December 2022 .
Directors
The directors who held office during the year were as follows:
Mrs Karisse Chodeva
Mr Michael Chodeva
Ms Rosario Lacaba
Statement of Directors, Responsibilities
The directors ate responsible for preparing the Directors, Report and the financial statements in accordance wilh
applic(Ible Idw iind reguliiiioll5.
Comp<iny law require% the direclor% lo prepare financial slatemenls for each financidl year. Under ih<ii law the directors
have elected to prepare Ihe financial statements in accordance with United Kingdom Generally Accepted Accounting
Practice (United Kingdom Accounting Standards and applicable law). Under company law the director.s must not approve
Ihe finanLi(11 stiiiement4 unles% they ¢we S<ltistied thiii ihey give (I true dnd tiiir view of Ihe 4tilte ot atf<iir% ol. the comp(Iny
and of ihe .surplus or deficit of the company for that peri(Kl. In preparing the financial statement.s the direclors are required
lo:
.%elect suitiible accounting policie% and then apply them con%i%ienily;
make judgments and accounting estimates that are rea.sonable and prudent;
Prep&￿e ihe fin<illLi<il %latements on Ihe going concern ba%1% unle%% il is inlippropriate to pre.sume ihlii ihe company
will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the
coinpany'% iran%dLlions (Ind di%Llo.%e with rea%oniible <iLcuraLy Ilt any lime ihe linanLidl po%ition of ihe Loinpany lind
eniible Ihem to en%ure that the fin(Incial sl¥ltemenls comply with the Companie% Act 20Q6. They are al%0 responsible for
safeguarding the assets of the company and hence for laking reasonable steps for the prevention and detection of fraud
nd (Ither irregul<iritie%.
The director% are re%ponsible for the miL intenance and integrity of the cnrporate Lind financial informiL tic)n included on the
company's website. Legi%ldlion in the United Kingydoin gyoverning the prepdralion and disseminalion of t-inanLidl
8tatement% may differ from legislation in other juri%diclions.
.Small Company Rules
This reporl has been prep￿ed in accordanLe with the special provisions relating to companies subject to the small
companies regime wilhin P41rt 15 of the Companies Act 2006.
On behalf ot the board
Mr Michael Chodeva
Director
2910912023
Page 2

Life of Grace Ministries International
Accountants, Report
For The Year Ended 31 December 2022
Chartered Accountants, report lo the directors on the prep￿￿tIOn of the unaudited slatutory ¥iccounts of Life of Grace
ministrie.s International For The Year Ended 31 December 2020
In order to assist you to fulfil your duties under the Companies Act 2(M)6, we have prepared for your approval the
account.s of Life of Grace Ministries International For The Year Ended 31 December 2020 which comprise the Income
and Expenditure ALcouni. the Balance Sheet ¢ind the related notes from the company's a¢counling records and from
inforniation and explanations you have given to us.
As a practising member firm of the Instilute of Chartered Accountants Ireland (ICAI), we are subject to its ethical and
other professional requirement.s which are detailed ai https'.//Www.charteredaccountants.ie￿lhIC$rrhe-code-of-Ethics.
This report is made solely to the directors of Life of Grace Minislries Tnlernational, as a body, in accordance with the
lerm% ot our eng(Igement letler d<iled 29 Seplember2020. Our work h<1% been undertaken %olely lo prepare tor your
approviil the 4ic¢ounl% of Life of Grace Mini%tries Interniition<il and %t¢ile those matter% that we have ¢igreed to %iate lo ihe
director.s of Life of Grace Ministries International as a body to the fullest extent permitted by law, we do not accept or
assume respon%ibility to anyone other than Life ot Griice Ministries Inlerniltioniil lind its director5, il body, for our work
or for this report.
li is your duty to en.4ure thai Life of Grace Mini.4tries International has kept iidequiile accounting records and to prepare
statutory account.s that give a true and fair view of ihe assets, liabilities, financial po.silion and profil or lo.ss of Life of
Grace Mini%lrie% Inlenational. You consider th¢lt Life of Gr<ice Minislries Inlernalionlil 1% exempi from ihe slatutory dudil
requirement for the year.
We hdve not been instrucled io Larry oul an audit of the acc()unt.4 of Life of Grace Mini%lrie% Inlerniilion<il. For this
reason, we have not verified the accuracy or complelenes.4 of the accounting records or information and explanations you
have given Io us lind we do not. Iherefore. express any opinion on the financial stiilemenls.
Signed
Jon N Dickinson BSc(Hons) FCA
Proactive Chartered Accountants Limited
Charlered Accountants
Opus House
137 York Road
Belfast
BT15 3GZ
2910912023
Page 3

Life of Grace Ministries International
Income and Expenditure Account
For The Year Ended 31 December 2022
2022
2021
Notes
TURNOVER
Cost of sales
15562
(820)
14.805
(120)
GROSS SURPLUS
14,742
14,685
Administrative expenses
Other operaling income
(20,717)
(23,287)
14,210
OPERATING (DEFICIT)ISURPLUS AND
(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR
(5,975)
5,608
The notes on pages 6 to 7 form part of these financial statements.
Page 4

Life of Grace Ministries International
Balance Sheet
As At 31 December 2022
2022
2021
Notes
FIXED ASSETS
Tangible Assets
3,894
5.259
3￿94
5.259
CURRENT ASSETS
Debtors
Cash at bank and in hand
700
1,978
7(X)
2.701
2,678
3.401
Creditors: Amounts Falling Due Within One
Year
(5,623)
(1.736)
NET CURRENT ASSETS (LIABILITIES)
(2,945)
1,665
TOTAL ASSETS LESS CURRENT
LIABILITIES
949
6,924
NET ASSETS
949
6.924
Income and Expenditure Account
949
6,924
MEMBERS, FUNDS
949
6.924
For the year ending 3 l December 2022 the company was entitled io exemption from audil under seclion 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company io obtain an audit in accordance with section 476 of ihe Companies Act
2QO6.
The directors acknowledge their ￿spOnsIbl11t1eS for complying with the requirements of the Act with respect to
accounting record% and the prep￿d(lon of accounts.
The%e accounts have been prep￿ed in accordance with the provisions applicable to companies subject to the small
companies, regime.
On behalf of the board
Mr Michael Chodeva
Director
2910912023
The notes on pages 6 to 7 forni part of these fllwlcial statements.
Page 5

Life of Grace Ministries International
Notes to the Financial Statements
For The Year Ended 31 December 2022
l. General Information
Life of Grace Mini.%tries International is a privaie company, limited by guarantee. incorFK>rated in Nonhern Ireland, regisiered number N1649994 .
Thc rcgistcrcd i)tfJL¢ i.% l Oa Cd%tlcrcd¥h Road, Bclfd%t, BT5 .SFP.
2. Aecoun¢ing Policies
2.1. Basis of Preparation of Financial Statements
The I'in¢illcidl %latciiicD(% h¥ive h¢¢n prepared under the hi4torical coEt conveniion and in accordance with Financial Reporting Standard 102
section l A Small Entities 'The Financial Reporting Standard applicable in the UK and Rcpublic ol Ireland" and thc Coinpanies Act 21106.
2.2. Turnover
Turnover i.s measured at ihe fair value of ihe consideration received or receivable, nei of discounis and value added [￿e$. Turnover includes
revenue c￿￿ed fr()m the .%dle of g()(Kl% and from ihe rendering of %ervice%. Turnover ]% reduced for e%liwnated Lu4lowner return.%, rebate4 and
oiher similar allowances.
Sale of goods
Turnover frnin the sale nf ¥i)()d4 ]% recogni%ed when ihe 4ignifiLant and rewdrd.% of owner%hip of the go(Mls ha4 Irdn%feTred to ihe buyer.
This is usually at ihe poini ihai the ¢ustomer ha.s.signed for the delivery of the g(￿s.
Rendering of services
Turnover frnm the rendering of %ervices is recogni.%ed by reference to the %tage of completion of the contract. The %tdge of completion of a
contraci i.s meagured by comparing ihe co.sts incurred for work peitormed to date tn ihe total esiimated contract costs. Turnover is only
re¢ogni%ed to ihe exieni of recoverable expen4e% when ihe outcome of a contract cannoi be estimated reliably.
2.3. Tangible Fixed Assels and Deprecialion
Tan&TiblL Iixcd drL tnLa4urL.d at Li)%1 le4% accumulated depreciation and any dCLumulated impairment lo4%e%. DepreLia¢ion is provided
al rale.% LalLuldied tn wriie ol'l (he Ln.%l Ot the fixed as%et%, le%% Ihcir esiimdied rcsidudl value. over their expeLicd uiel'ul live% on ihe
fr)Iluwing bd%e%'.
Fixture.4 & Fiiiin8S
25% Straight line
3. Average Numher of Employees
Avera&Te number of employees. including direLtor%, during the year followb- 212021: 2)
4. Tangible Assets
Fixturib% &
Fittin2S
Cost
A% di l Janudry 2022
Additions
7.886
118
As at 31 December 2022
8.694
Depreciation
As at l January 2022
Provided during ihe period
2,627
2.173
As at 31 Dcrcmbcr 2022
4,8tKI
Net Book Value
As di 31 DeLember 2022
3.894
As dt l ]￿Uary 2022
5.259
Page 6

Life of Grace Ministries International
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2022
5. Debtors
2022
2021
Due within one year
Other debtors
700
700
700
700
6. Creditors: Amounts Falling Due Within One Year
2022
2021
Trade credilors
Biink Io<ins and overdriift%
Accruals and deferred income
28
970
DireLlois' Iodn accounts
4,624
1,735
5,623
I,736
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every mcmber of the compiiny undertakc% to contribute to the as%ets of the company, in the event of a winding up, such
an amount as may be required not exLeeding £1.
Page 7

Life of Grace Ministries International
Detailed Income and Expenditure Account
For The Year Ended 31 December 2022
2022
2021
TURNOVER
Donations
Other trading income
15557
14.805
15562
14,805
COST OF SALES
Wages and salaries
Other direct costs
120
820
(820)
(120)
GROSS SURPLUS
14,742
14,685
Administrative Expenses
W<ige% and sal¢wie5
Rent
3,900
10,007
328
848
320
494
472
133
4.780
12,152
371
Lighi lind he<lt
Repairs and maintenance
Vehicle running costs
Computer software, con%umables lind mainteniince
Insurance
Printing. postage dnd stiilionery
Postage
Advertising lind mlirkeling cosls
Telecommunications and data costs
315
579
468
133
150
33
356
1,500
105
253
1.5(X)
23
750
Accountancy fees
Bank charges
Charitable donations
Depreciation
Sundry expenses
2,174
1.696
(20,717)
(23,287)
Other Operating Income
Other income - contributing to other operating income
14.210
14,210
OPERATING (DEFICIT)/SURPLUS AND
{DEHCIT)/SURPLUS FOR THE FINANCIAL YEAR
(5,975)
5,608
Page 8