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# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Company limited by guarantee

## Company Registration Number:
11104376 (England and Wales)

## Unaudited statutory accounts for the year ended 31 December 2024

## Period of accounts

## Start date: 1 January 2024

## End date: 31 December 2024

# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |
Community Interest Report |

# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Profit And Loss Account

for the Period Ended 31 December 2024

| 2024 | 2023
--- | --- | ---
| £ | £
Turnover: | 5,878 | 7,100
Cost of sales: | ( 1,120 ) | ( 1,552 )
Gross profit(or loss): | 4,758 | 5,548
Distribution costs: | ( 780 ) | ( 974 )
Administrative expenses: | ( 6,150 ) | ( 5,810 )
Operating profit(or loss): | (2,172) | (1,236)
Profit(or loss) before tax: | (2,172) | (1,236)
Profit(or loss) for the financial year: | (2,172) | (1,236)

# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Balance sheet

As at 31 December 2024

| Notes | 2024 | 2023
--- | --- | --- | ---
|  | £ | £
Fixed assets
Tangible assets: | 3 | 1,412 | 1,722
Total fixed assets: |  | 1,412 | 1,722
Current assets
Cash at bank and in hand: |  | 1,461 | 875
Total current assets: |  | 1,461 | 875
Creditors: amounts falling due within one year: | 4 | ( 5,000 ) | ( 5,125 )
Net current assets (liabilities): |  | (3,539) | (4,250)
Total assets less current liabilities: |  | (2,127) | ( 2,528)
Total net assets (liabilities): |  | (2,127) | (2,528)
Members' funds
Profit and loss account: |  | (2,127) | ( 2,528)
Total members' funds: |  | ( 2,127) | (2,528)

The notes form part of these financial statements

# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 19 September 2025
and signed on behalf of the board by:

Name: Kelly Ahanmisi
Status: Director

The notes form part of these financial statements

# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Tangible fixed assets depreciation policy

  Tangible assets are included at cost less depreciation rate of 18%

# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 December 2024

- ## 2. Employees

  | 2024 | 2023
  --- | --- | ---
  Average number of employees during the period | 4 | 4

# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 3. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 January 2024 |  | 2,552 |  |  |  | 2,552
Additions |  |  |  |  |  |
Disposals |  |  |  |  |  |
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 31 December 2024 |  | 2,552 |  |  |  | 2,552
Depreciation |  |  |  |  |  |
At 1 January 2024 |  | 830 |  |  |  | 830
Charge for year |  | 310 |  |  |  | 310
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 31 December 2024 |  | 1,140 |  |  |  | 1,140
Net book value |  |  |  |  |  |
At 31 December 2024 |  | 1,412 |  |  |  | 1,412
At 31 December 2023 |  | 1,722 |  |  |  | 1,722

# LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 December 2024

## 4. Creditors: amounts falling due within one year note

| 2024 | 2023
--- | --- | ---
| £ | £
Other creditors | 5,000 | 5,125
Total | 5,000 | 5,125

# COMMUNITY INTEREST ANNUAL REPORT

### LOVE OF GOD GOSPEL MINISTRY A.K.A AGAPE CHAPEL INTERNATIONAL C.I.C.

### Company Number: 11104376 (England and Wales)

### Year Ending: 31 December 2024

Company activities and impact

The Church was incorporated on December 8, 2017. The Church is dedicated to preaching the gospel of Jesus Christ, as guided by the Holy Bible, and to serving the community through targeted outreach. Our mission is to provide leadership and direction to youth, offer support to the less privileged, and actively fight against poverty. In the current financial year, the Church continued to expand its community engagement programs. We enrolled youth from the church and community in music and instrument classes to develop their skills and promote constructive engagement. We also hosted two successful sports days, inviting members of the church and wider community to participate and receive cash prizes. Furthermore, we committed to supporting members and regular attendees by providing financial stipends to improve their living standards. We also regularly contribute to local anti-poverty efforts by sending quarterly food packages to various food banks and shelters. Providing a stipend to members is a way of offering direct financial assistance. This differs from a salary because it's typically not tied to hours worked or a traditional employment contract, but rather is intended to support an individual's basic needs. How the Stipend Program Operates Source of Funds: The financial stipends are funded by contributions from the church's members. This means the community's generosity directly supports its most vulnerable members, aligning with the church's mission to help the less privileged. Purpose: The stipends are intended to "help with the improvement of such members' living standards." This is a broad but powerful statement, meaning the money can be used for various essential expenses like food, housing costs, transportation, or even to pay for skills training. Target Recipients: The program is designed to support members and attendees who are in need of financial assistance. This could include people who are unemployed, experiencing an emergency, or simply struggling to make ends meet in the current economic climate. Impact: By providing these stipends, the church is directly addressing poverty and financial hardship within its own congregation. This proactive approach strengthens the community by ensuring its members have the resources they need to thrive, not just survive. It's a tangible way the church fulfils its mission of fighting poverty and providing help to the less privileged.

Consultation with stakeholders

To ensure our ministry remains effective, transparent, and aligned with the needs of our community, Love of God Ministries Agape Love engages in a continuous process of stakeholder consultation. This approach allows us to gather valuable insights and feedback from all who are involved in our work, including our leadership, church members, volunteers, and the wider community. We use a variety of methods to ensure all voices can be heard, such as a secure suggestion box located in the sanctuary for confidential feedback and quarterly forms included with our newsletter for targeted input. We also host small, informal "Listening Circles" after services to encourage open dialogue, and we dedicate a structured feedback session during our Annual General Meeting. Our consultations focus on areas critical to our mission. For example, we are currently seeking input on the impact of our financial stipends and how they can be made more effective in improving living standards for the less privileged. We are also exploring the need for a dedicated church vehicle to expand our outreach and are seeking suggestions on how this resource could best be used. Furthermore, we are developing new ministries to serve drug addicts and formerly incarcerated individuals and are seeking insight from the community on how to best offer support and assistance. The feedback gathered is essential to our decision-making, and we are committed to publicly reporting on our findings and the actions we will take in response. This commitment to transparency ensures that our ministry is not only fulfilling its purpose but is also directly shaped by the needs and wisdom of our community. When considering who receives financial assistance from the church, the criteria are typically based on a combination of demonstrated need and a person’s connection to the church community. While the exact details of the program at Love of God Ministries Agape Love may vary, the general guidelines are designed to align with the church's mission to help the less privileged. The primary factor is a genuine financial hardship, which is usually assessed by the church's leadership or a designated committee. This could include a low income, a sudden emergency, or a struggle to meet basic needs like paying for rent, utilities, or food. Additionally, because the funds for these stipends often come from the church's own contributions, assistance is usually prioritised for those who are actively involved in the ministry. This could mean they are a registered member, a regular attendee, or a volunteer. By helping those within its community, the church strengthens its foundation while also addressing the immediate needs of its people. The specific purpose of the request is also taken into consideration, ensuring the funds are used for things like essential living expenses, education, or transportation that will genuinely improve the person’s living situation. The process is always handled with discretion and compassion, aiming to provide support without causing embarrassment. The church’s leaders work directly with individuals to understand their situation and determine the most appropriate way to help.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
19 September 2025

And signed on behalf of the board by:
Name: Kelly Ahanmisi
Status: Director