## **CHRIST’S DISCIPLES MISSION INTERNATIONAL**
## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024**
Registered Charity No. 1003536
Christ’s Disciples Mission International
## **Legal and Administrative information**
## **Trustees**
Mr Afolarin Abiona Mr Afolarin Abiona Mr Peter Olaniran Mr Kola Olanrewaju Mr Olayemi Onigbode Mrs Joy Oyesanya
## **General Superintendent**
Reverend, Dr. Olufemi Odubonojo
## **Principal OKice**
Keir Hardie MC, Fife Road, Canning Town, London E16 1PA
## **Independent Examiners**
Greenwich Business Services 30 Eden Way, London E3 2JD
## **Bankers**
Barclays Bank PLC 93 Lewisham High Street, SE13 6BB
Lloyds TSB Bank Southampton Row, London WC1B 5HR
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Christ’s Disciples Mission International
## **Report of the Trustees for the year ended 31 December 2024**
The trustees present their report, together with the charity's financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out on pages 7 and 8 and comply with the charity’s trust deed and applicable law.
## **History**
The Charity was established under a deed of trust on 7th June 1991 and is registered with the Charity Commission, No. 1003536.
## **Constitution and Objects**
The object of the Charity is the advancement of the Christian faith by Evangelism and Teaching throughout the UK and elsewhere. We are committed to enabling as many people as possible to worship with us and have an international presence.
When planning our activities for the year, the incumbent and CDMI have considered the Commission’s guidance on public benefit, and particularly the specific guidance on charities for the advancement of religion. We try to enable people to live out their faith as part of our community through:
Worship and prayer, learning about the Gospel, and developing their knowledge and trust in Jesus. Provision of pastoral care for members and the community.
Missionary and evangelism work, including youth and children teaching, care, and outreach activities.
## **Management and Governance Arrangements**
The trustees who have served during the year and since the year-end are set out on page 1. Trustees are appointed by the board of trustees and serve for five years, after which period they may put themselves forward for re-appointment. The trustees meet twice a year, but there are subgroups, which include specialist co-opted members, and which meet more frequently to assess the objectives and goals of the Charity. The Charity is managed by the trustees, who are involved daily with the a`airs of the charity.
## **Operations**
The Trustees and the Pastors ensure that the unadulterated word of God is preached to the local community and the world at large. The Charity has nine ministries: Teaching, Publicity and protocol, Evangelism, Prayer, Music, Hospitality, Ushering, Children and Youth. There are five pastors supported by volunteers who assist in the propagation of the Gospel and the smooth running of the Charity.
## **Financial Review**
The Charity depends on the Tithes, O`erings and Gifts of the members of the Church to help pay the costs of running the Charity.
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Christ’s Disciples Mission International
## **Reserves Policy**
Our policy is to maintain a balance on unrestricted funds (if possible), which equates to at least three months of unrestricted payments, equivalent to £23,750, which will provide adequate working capital for running the charity. After designations, the balance of £ **72,225** of unrestricted funds at the year's end exceeded this target.
## **Volunteers**
The charity relies on the support of volunteers for all its activities, and the trustees have established controls to ensure that all relevant laws and regulations are abided by. We would like to thank all the volunteers who work so hard to make the charity and church the lively and vibrant community it is. We currently have 65 volunteers who helped achieve our goals and objectives in 2024.
## **Achievements and Performance**
## **General Conferences Held**
In the year under review, the church held an Annual Convention celebrating 34 years of existence and What Praises Can Do events, both of which were successful. We had two other major events Power and Prophetic conferences.
## **Branches**
We operate from three branches located around London and Greater London. We have two branches outside the United Kingdom, in the United States of America and Ghana.
## **Women Conference**
The women’s ministry arm of the church (Daughters of Zion) continues to thrive. We held an Annual Conference in July 2024, which was well attended. This was a weekend retreat for women’s empowerment.
## **Community Outreach**
We operate various community events via Zoom and in areas where we have branches. These are outreach events for empowerment.
## **Foreign Missions**
We were involved in foreign missions in Ghana, Maryland, Atlanta, South Africa and Nigeria.
## **Bible Studies**
We run a weekly bible study using the Precept Upon Precept training manuals via online platforms.
## **Ministries**
Currently, due to the individual clusters, some of the ministries are not very active due to their numbers.
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Christ’s Disciples Mission International
administration, pastoral, mission, and prayer, currently active to carry out the primary and secondary functions of the church.
## **Financial Review**
period. The Church has operated and continues to meet at various locations during the week and at weekends.
In the year ended December 2024, income was £ **216,702** compared with £173,215 in the previous year. An increase of 20% compared to the previous year, including an income for the sum of £43,451 received as gift aid from HMRC. We encourage all those who support the work of the charity to continue to give so that we can meet our objectives.
-----------------------------------Mr Afolarin Abiona
28[th] October 2025 On behalf of the Trustees
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Christ’s Disciples Mission International
## **Independent Examiner's Report to The Trustees of Christ's Disciples Mission International**
We report on the accounts of the Church for the year ended 31 December 2024, which are set out on pages 7 to 11.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is required.
It is my responsibility to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
Our 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 records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the 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 present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charities Act have not been met; or
2. to which attention should be drawn to enable a proper understanding of the accounts to be reached.
Greenwich Business Services 30 Eden Way London E3 2JD
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Christ’s Disciples Mission International
## **Financial Statements for the Year Ended 31 December 2024**
On behalf of the Trustees
---------------------------
**Mr Afolarin Abiona** 28[th] October 2025
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Christ’s Disciples Mission International
## **Balance Sheet: As At 31 December 2024**
The notes on pages 9 to 12 form part of these accounts.
On Behalf of the Trustees
-------------------------------
**Mr Afolarin Abiona** 28 October 2025
Registered Charity No. 1003536
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Christ’s Disciples Mission International
## **Notes to the Accounts for the year ended 31 December 2024**
## **1. Accounting Policies**
These accounts have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) and the Charities SORP.
## **Change in Basis**
There has been no change to the valuation rules and methods of accounting since last year.
## **Changes to previous accounts**
No changes have been made to accounts for previous years.
## **Trustees**
connected with them, from the charity or any company connected with it.
## **Expenditure**
No amount was paid for the independent examiner’s remuneration. The examiner provided a “no fee” service due to the organisation's charitable status.
## **Paid Employees**
||2024|2023|
|---|---|---|
|Total emoluments of employees|66,844|57,847|
|(remuneration + benefts for tax purposes)|||
|Average number of employees in the year|3|3|
##
Depreciation is provided on the Musical and O`ice Equipment, O`ice Furniture and the Motor Vehicle on a straight-line basis at the following rates based on the estimated useful life of these assets and their residual value: -
|Musical|15% p.a.|
|---|---|
|Equipment||
|O`ice Furniture|10% p.a.|
|O`ice Equipment|15% p.a.|
|Media Equipment|15% p.a.|
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Christ’s Disciples Mission International
## **2. Fixed Assets**
||**Musical**|**Media**|
**OKice**|**Total**|
|---|---|---|---|---|
||**Equipment**|**Equipment**|
**Furniture**||
||**£**|**£**|
**£**|**£**|
|**Costs:**|||||
|01/01/2024|11,730|9,340|
7,919|28,989|
|Additions/Disposals|**-**|**-**|
**-**|**-**|
|31/01/2024|**11,730**|**9,340**|
**7,919**|**28,989**|
|Depreciation|||||
|01/01/2024|1,520|1,401|
1,072|3,993|
|For The Year|1,520|1,401|
1,072|3,993|
||**3,040**|**2,802**|
**2,144**|**7,986**|
|NBV 31/12/2024||||**21,003**|
|**3. Current Assets**|||||
||||2024|2023|
||||£|£|
|Current Account||15,516||16,461|
|Savings Account||144,277||148,094|
|Debtors||35,706||35,706|
|||195,499||200,261|
Note: The balance of £144,277 in the savings account is held towards a deposit for the purchase of a building.
## **4. Current Liabilities**
|Current Liabilities
Payroll Liabilities|2024
£
-
-
-|2023
£
-
-|
|---|---|---|
|||-|
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Christ’s Disciples Mission International
## **Declarations to the Accounts for the year ended 31 December 2024**
## **Adequacy of assets to meet fund restrictions**
Su`icient resources are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed.
## **Change in year end**
## **Designated funds**
The charity does not have material designated funds.
## **Ex-gratia payments**
The charity did not make any material ex gratia payments during the year.
## **Inter-fund loans**
There were no material inter-fund loans outstanding at the balance sheet date.
## **Large investments**
No investment forms more than 5% by value of the total portfolio.
## **Quoted investments**
The Charity did not invest in Quoted Investments during the year.
## **Revaluations**
have reflected this change to show the current replacement cost of the assets in their current condition.
## **Summary income and expenditure account**
The trustees consider that there is no need to prepare a separate summary income and expenditure account.
## **Trustee Investments Act**
If the requirements of the Trustee Investments Act 1961 apply to the charity, those requirements have been complied with.
##
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## **Accounting Policies for the year ended 31[st] December 2024**
## **Cash donations and gifts**
These are included in the Statement of Financial Activities (SOFA) when
- The charity is told it is to receive the gift or donation.
- The trustees are reasonably certain of the amount to be received.
- The trustees are reasonably certain they will receive the money; and any conditions for receipt are met.
## **Cash from fundraising**
This is reported gross in the SOFA.
## **Gifts in kind for sale or distribution**
These are included in the accounts as gifts only when sold or distributed by the charity.
## **Gifts in kind for use by the charity**
These are included in the SOFA as incoming resources when receivable.
## **Intangible income (e.g. donated facilities)**
This is only included in incoming resources (with an equivalent amount in expenditure) if the charity would have had to purchase the resources and the amount is material.
## **Legacies**
The Charity has no legacies bestowed on it.
## **Tax reclaims**
These are accrued in the SOFA.
## **Valuation of gifts in kind**
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.
## **Voluntary help**
Voluntary help is not included in the accounts but is described in the trustees’ annual report.
## **Investment property valuation**
There are no investment properties.
## **Quoted stocks and shares**
There are no quoted investments.
##
These are capitalised if they can be used for more than one year, and cost at least £250. They are valued at cost or a reasonable value on receipt.
## **Investment income**
There is no investment income, except bank interest.
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