CHERUBIM AND SERAPHIM CHURCH OF ZtON
MOLE
UK
44 CLARENCE MEWS
HACKNEY
LONDON E5 8HL
REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 DECEMBER 2020
CHARITY NO 1003302
ZAC ADEFOWORA & CO
CHARTERED CERTIFIED AccouNfANTS
19 AUCKLAND HOUSE
BLOEMFONTEIN ROAD
LONDON W12 7NL
TEL: 020 8740 6882

CHERUBIM AND SERAPHIM CHURCH OF ZION {JMOLE) UK
REPORT AND FINANCIAL sTATEME￿rs
FOR THE PERIOD ENDED 31- DECEMBER 2020.
CONTENTS
CHARITY INFORMATION
REPORT OF THE TRUSTEES
45
REPORT OF THE INDEPENDENT EXAMfNER
STATEMENT OF FINANCIAL ACTIVITIES
rNCOME AND EXPENDITURE ACCOUNTS
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS
i(¥ii

CHERUBIM AND SERAPHIM CHURCH OF ZION ￿mOLE) UK
CHARITY INFORMATION
FOR THE PERIOD ENDED 31 DECEMBER 2020.
TRUSTEES
SUPERIOR SEIYIOR APOSTLE J OLU LEGBE
SUPERIOR SENIOR APOSTLE N AYO AKINTIMEHIN
SUPERIOR SENIOR APOSTLE PROPHET L B OMOPE
MINISTER IN CHARGE
SUPERIOR SENIOR APOSTLE J OLU LEGBE
PLACE OF WORSHIP
44 CLARENCE MEWS
HACKNEY
U>NDON E5 8HL
AccouKfANTS
ZAC ADEFOWORA & CO
CHARTERED CERTIFIED ACCOUIYTANTS
LONDON W12 7NL

CHERUBIM AND SERAPHIM CHURCH OF ZION OMOLE) UK
REPORT OF THE TRUSTEES
FOR THE PEIUOD EIWED 31- DECEMBER 2020.
The Tn￿e¢S of Cherubim and Seraphim Church of Zion (Imole) UK present their
sr
report and fmancial statements for the year ended 31 December 2020.
OBJECTS OF THE CHURCH. PRNCIPAL ACTtVITIES AND ORGANISATION
Th¢ principal objective of the Church shall be the advancement of the Christian
religion. The main activities of the Church are as follows:
To congregate and worship God tn an approved Christian matmer.
To assemble for the purposes of caThying on ecclesiastical activities.
To promote the knowledge and doctrines of Christianity as contsined in the Holy
Scriptures.
To support and subscribe to any ¢harithble institutions or pu4x)se in fi￿heTallce of the
Church"s objectives.
To promote or forni or assist in the PD)motion of ecclesiastical activities.
To pay for any property, right, privileges or concessions acquired by the Church.
To solemnise the Holy Wedlock of an adult man and a woman in the e￿les1a$tlcal
matrimonial ceremony as approved by the Church Council.
To accept old and young, male and female for ChrislenÈng in consecTated ceremony
witliin the Church.
To recommend and be accepted for ordination such members and otTicials of the
chu￿ h.
To perforni fimeral services and ceremonies in an approved ecclesiastical manner for
the deceased and in accordance with the laws and regulations of the Uniied Kingdom.
To consecrate water and oil for the use of the congTegational member5 and other
believers, and to pray for ail and bless those in need.
FUTURE DEVELOPMENTS
The advancement of Christianity shall continue to be the core activity of the Church.
FINANCIAL REVIEW
The Statement of Financial Activities shows the net surplus for the period &8 £26,395
(year to 2019. deficit (£7.918). This has been transferred to reserves. which now
stands at £43.972.

CHERUBIM AND SERAPHIM CHLFRCH OF ZION OMOLE) UK (31.12. 2020)
RESERVES POLICY
The ReserY¢ Fund represents the Unrestrict￿ funds arising from the operating results.
The trustees ate satisfied that th¢ on-going contiibutions and donations by members
and visitots will generdte sufftcient income to cover all the operating expenditure.
BOARD OF TRusfEES
Members of the board WIM) are trustees for the PUryK)ses of charity law, who served
during the year and up to the dats of this reFM)rt are set out on page 3
TRUSTEES, RESPONSIBILITY
Under the Charities Act 1993. the trustees are required to prepare a statement of
accounts for each financiat year which gives a true and fair view of the state of affairs
of the chartts at the end of the financial year and of the incoming resources and
application of resources in the year. In preparing the statement the trustees arc
required to:
Select suitable accounting IK)licies and apply them consistently
Make judgemenls and estimates that are reasonabl¢ and prudent
State where applicable accounting ￿andardS and ststements of recommended
practice have been followed. subject to any material departures disclosed and
explained in the statement of accounts
Prepare the financial slatements on an on-going basis unless it is inappropriate to
assume that the charity viill continue its operations.
The trustees are responsible for keeping propcr accounting records which disclose
with reasonable accuracy at any time the financiaE position of the charity and enable
them to ensure that the financial ststements comply with the regulations under section
42(1) of the Charities Act 1993.They are also responsible for safeguarding the
charity's assets and hence for taking reasonable thps for the prevention and detection
of fraud and irregularities.
RISK MANAG£MENT
As required under the revised accountiDg and [c￿)rting SORP framework effective
from January 2001 the Trustees of the Church have reviewed the major risks to which
the organisalion is exposed. in particular those relating to the operational aie&s of the
Charity and its finances. The Tn￿teeS believe that by monitoring reserve levels. by
ensuring controls exist over fllwicial systems and by examining the operaiional and
business risks faced by the charity. they have established effective systems to mitigate
those risks.
INDEPENDENT EXAMINER
Zac Adefowora & co who were the chartty s Accountants during the year have
expressed their willin￿eSS to continue in that ￿paCIty.
Approved by the Board of Tn￿e¢S on 2Q September 2021
And signed on their behalf by
Superior Senior Apostle J Olu Legbe-_
TnLStee.

CHERUBIM AND SERAPHIM CHURCH OF ZION UMOLE) UK
Independent examiner's report to the trustees of Chernbim & Seraphim Chureh
of Zion (Imole)
I report on the accounts of the Charity for the year ended 31 December 2020, which
are sel out on pages 7 to I l.
Respective responsibilities of tnLStees and examiner
The charity's trn￿leeS ate r¢s￿nSIble for the preparation of the accounts. Th¢
charity's t￿SteeS consider thal an audit is not required for this year under section
43(2) of the Charities Act 1993 {the 1993 Act) and that an independenl examination is
needed.
It is my reswnsibility to:
Examin¢ the accounts undersection 43 of the 1993 Act:
To follow the procedure5 lard doum in the general Directions given by the Charity Commission under
section 43{7Xb) of the 1993 ACL and
To state whether particular matters havc ￿rne to my atteniion.
B*$ls of ind¢pendeDt exgmffiner's report
My examination was carried out in accordance with the general Directions given by
the Charity Commission. An examination includes a review of the accounting records
kept by the charity and a comparison of the accounts presented with those iecords. It
also includes consideration of any unusual items or disclosures in ihe accounts, and
seeking explanations from you as trustees concerning any such matters. The
procedures undertaken do not provide all the evidence that would be required in an
audit and consequently no opinion is given as to whether the accounts preseni a 'tsve
and fair view, and the rew)rt is limited to those Matte￿ set out in the statement below.
Independent examlDer'$ ststement
In connection with my examinaiion. no matter has come to my attention".
(l ) Which gives me reasonable cause to believe that in any material respect the
requirements:
To kttp accounting records in accordw with secEion 41 of the 1993 Act" and
To prq)are accounts which accord with the accounting records and comply with the
accounting requirements of the 1993 Act have not IKen mel or
(2) To which, in my opinion, attention should be drawn in or(kr to enable a proper
understanding of the accounts to be reached.
Z3c AdefOWo￿ FCCA
Zac Adefowora & co
Chartered Certified Accountants
London Wl 2 7NL
29 Seprember ?021.

CHERUBIM AND SERAPHIM CHURCH OF ZION UMOLE) UK
STATEfvTh OF FtNANCIAL ACTIVITIES
ST
FOR THE PEIUOD ENDED 31 DECEMBER ?020
Notes
Unrestticted
Fund
2020
Restricted
Fund
Total
Fund
2020
Totsl
Fund
2019
In comin
Resources
Aciivities to further the
Charit
's ob-eclives
104,542
104,542
65,609
Total ineomin
resources
104
104
Resources Ex
nded:
Mana
ement & Admin
uisilion of Assets
78,147
78,147
73,527
Total Resources Ex
nded
527
Net iD¢omin
Resourcesl
deficit
Funds b/f
for the
26.395
17,577
26,395
17,577
7.918
25,495
Funds at 31.12.2020
17
77
The notes on pages l O to I I forn] part of these financial stalements

CHERUBIM AND SERAPHIM CHURCH OF ZION (IMOLE) UK
INCOME AND EXPENDITURE AccoifNT
ST
For the period ended 31 DECEMBER 2020.
Notes
2020
2019
Income
104.542
65.609
Management & Admin
78.147
73.527
Operating surplus (deficit)
26,395
(7.918)
Surplus (deficit) on ordinary activities
26,395
(7.918)
sU￿lUs (deficit) for the financial year
Retained suTrlus Brought forward
26.395
17.577
(7.918)
25,495
INED
CAR]U
17377
None of the activities were acquired or discontinued during thc above two f￿anCIal
years
This statement is derived from the ststement of Financial Activities on page 7
There were no recognised gains or losses other than those shown aErf)ve.

CHERUBIM AND SERAPHIM CHURCH OF ZION OMOLE) UK
BALANCE SHEEr
AS AT 31 DECEMBER 2020
2020
2019
Fixed Assets
Tangible Assets
118,994
125.786
cU￿t Assets
Debtors
Cash at Bank and in hand
42.730
23.969
42,730
23.969
Creditors". Amount falling due
With one year
Creditors and Accruals
2,509
1.772
Net cur￿llt Assets
40221
22,197
Total Assets less current liabilities
159215
137.983
Creditors.. Amounts falling due
Aftei more than l year
(115,243)
(120.406)
Funds: Unrestricted funds
General fimds
43,972
17,577
The financial statements have been prepared ill accordance with the Regulations under
section 42(1) of the Charities Act 1993
Approved by the board of trustees on 15 Ma￿h 2020 and si
ned on their behalf by
Superior Senior Aposde
N A Akintimehio Tn￿tee
Superior6enior Apostle, Pmphet
B L Omope. Trnstee
The notes on pages 10 to I I forni part of these financial statements

CHERUBIM AND SERAPHIM CHURCH OF ZION (tMOLE) UK
Notes forniing part of the financial statements
For the period ended 31° December 2020
l Accounting Policies
(a) Basis of accounting
The accounts have been ptepared under the hislorical cost convention and are in
accordance with applicable accountkng standards and Accounting and Reporting by
Charities: Statement of Recommended Practice.
(b) Cherubtm and Seraphim Church ofzion (Imole) UK has not received any grants
or fundtng during the year und¢r review.
(c) All income is derived from collections and donation by members of the
congregation at prayer meetings.
(d) Expenditure.
All expenditure is included on an accrual basts and is ]ECo￿lSed when there is a
legal or constructive obligation to pay for expenditu￿. All costs are directly
attributed to the one activities of the Church.
(e) Depreciation.
tkpreciation is Charged to write off the cosl less estimated residual value of
fixtures fittings and equipment.
{fj Unrestricted funds are the income Teceived or generaied for the objects oftht dwity without
funher specific purpose and are avaTlable as genernl funds
(g) Management and administrative costs of the chariry rel#ie to the costs of running the charity such
as ihe co$t5 of mttting5, Staiutory Compliance and in¢lude5 any costs which cannot be specifi¢ally
identified to another clas5ificaiion.
2 incoming resources from activities to generate funds
Unrestricted £104,542.
3 Tangible fixed assets
Freehold
Fixtures/
Equipment
Totsl
Cost blf
Addition
91.825
64,838
156,663
At 31.12.2020
91,825
64.838
156,663
Depreciation
Al b/f
Ch￿e for the year
30,877
6,792
30.877
6.792
37.669
37.669
Net Book Value 31.12.2019
91.825
27,169
118,994
Net Book value 31.12.2018
91.825
33,961
125.786
In July 2008 the Charity acquired the freehold property at 44 Clarence Mem's by a
mortgage from Barclays Bank PLC. The loan is secured on the proFW.

CHERUBIM AND SERAPHIM CHURCH OF ZION (IMOLE) UK
Notes fonning part of the financial ststements
For the year ended 3 1st I)ecember 2020.
2020
2019
4 Debtors
5 Creditors: Amounts failing due within One year
Other creditors and aC¢n￿lS
2,509
1.772
2.509
1,772
5 b Creditors: Amounts falling due after lyear
Bank Loan
115243
120,406
6 Net incoming resources for the year
This is stated after chargin8
Depreciation
Examiners, remuneration
6,792
750
8,490
650
The notes on pages 10 to i i fom) part of these financial ststements

THE CHERUBIM AND SERAPHtM CHURCH OF ZION (IMOLE) UK
DETAILED PROFIT AND LOSS ACCOUNT FOR THE PEIUOD ENDED
31" DECEIIIBER 2020
2020
2019
rNCOME:
Contributions
Collections
Thanksgiving
Anniversary Celebrdtions
HMRC - Gift Aid
HMRC - JRS
23,022
16.359
14,501
7,201
18,376
25.083
23,686
14.198
14.775
12.950
104,542
65.609
Less EXPEN
ES:
Light. Heat and water
Donation and gifts
Accountancy and Book keeping
Printing. post & stationery
Repairs & renewals
Entertainments
Travelling expenses
General expenses
Deprecialion
Insurance
Bank Loan Interest
Wages
7,838
2.005
2,500
428
5,939
1,755
783
857
6.792
1,150
5.028
43,072
9.010
1,740
650
332
27,226
1.860
886
512
8.490
5.026
16,679
Tot%1 expenses
78,147
73.527
Surplu5 1 (IJW) for the ye*r
26.395
17,918)