EMMANUE￿ CHUR
THE
ECEM
Page l of 12

THE HOLY EMMANUEL CHURCH OF CHRIST
CONTENTS
Pages
Administrative Information
Trustees, annual report
Independent Examiner's report
Statement of Financial Activities
Statement of Financial Position
Notes to the Financial Statements
Ilnclusive of detailed income and expenditure)
Page 2 of 12

THE HOLY EMMANUEL CHURCH OY CHft￿T
Administrative information
Chairperson
Rev Dr Francis Olusegun Olaniran
Other Trustees
Mr Olatubosur) Olanir3n
Mr Michael Olaniran
Rev Dr Francis Olusegun Olaniran
Ms Aderewaju Modupe Adebare
Mr Olawale Felix Olaniran
Mr Moses Adeshina Odubabajo
Charity Registered Number 1015969
Registered Off ice
25 Mantley Close
London
United Kingdom
SW16 SAR
Independent Examiner
Profad Qua lity Investments Ltd
Unit 3&5, 1 Bethwin Road
Camberwell
London
5E5 OSH
Tel: 0207 639 0839
Bank
Santander Bank
Page 3 of 12

THE HOLY EMMANUEL CHURCH OF CHRIST
Trustees Report for the year ended 31st of December 2024
Trustees present their financial statements for the year ended 31st December 2024
The Trustees of the HOLY EMMANUEL CHURCH OF CHRIST present
their report and financial statements for the year ended 31st December 2024. The trustees have
adopted the provision of the Statement of Recommended Practice ISORPI 'Accounting and
Reporting by Charities" issued on October 2000 in preparing the annual report and
financia I statement of the charity.
Charity Details
A list of na mes and addresses of the charities principal officers and bankers is set out on page 3
Objectives
The charities, principal activity is the proclamation of the gospel of Jesus Christ
l To advance the Christian doctrine { in accordance with the statement of our belief ) in
such part of the United Kingdom or the world as the trustees from time to time think fit,
2 To relieve sickness and financial hardiship and to promote and preserve good health by
the provision of funds, good or services of any kind, including through the provision
of counselling and support in such parts of the United Kingdom or the world as the
trustees from time to time may think fit,'and
3 To advance education in such ways and in such parts of the United Kingdom or the
world as the trustee from time to time may think fit;
4 The trustee must use the income and may use the capital of the church in promoting
the objects.
Organisation
THE HOLY EMMANUELCHURCH OF CHRIST is governed by a board of
trustees who are elected to serve the church and run its affairs. Annually the Board reviews the
range of skills it has available and uses its power of co-option to ensure the gaps are filled.
Risk and Internal Control
The Trustees review the main operational risks and actions to manage or mitigate it
accord ingly.
Page 4 of 12

THE HOLY EMMANUEL CHURCH OF CH
LST
Review of transactions and financial position
Income Resources
The total income of the organisation for the year has been derived from its principal activities wholly
undertaken in the United Kigdom.
During the year, donation, income resources and gift received totalled £28.723. The
donations and gifts received have been made available without restriction as to its usage.
The balance on the charity's fund are unrestricted. These will be used to fund the charity's
objectives during the new financial year. The Trustees confirmed that the charity's assets are
available and adequate to enable it to fulfil its obligations.
Reserve Policy
Freely available reserves are a pool of unapplied resources available to meet future
demands on the charity's resources. This is generally purpose money that can be spent on
any of the purposes of the charity. Free reserves of the charity are represented by its
unrestricted funds less the net book value of its assets. As at 31st December 2024, these
amounted to £24,274.
Statement of Trustees, responsibilities:
Law applicable to charities in England and Wales requires the trustees to prapare financial
statements for each financial year which give a true and fair view of the charity's financial
activities during the year and of its financial position at the end of the year. In preparing those
financial statements, the trustees are require to: a) Select suitable accounting policies and apply
them consistently- b) make judgement and estimates that are responsible and prudent; cl state
whether applicable accountintg standards and statements of recommended practice have been
followed , subject to many departures disclosed and explained in the financial statement,. d} prepare
the financial statements on a going concern basis unless it is inappropriate to presume that the
charity will continue on that basis.
The Trustees are responsible for ensuring that proper books are maintained, for safe guiding the
assets of the charity, and taking reasonable steps for the prevention and detection of fraud and
other irregularities The board has reviewed the effectiveness of the system of internal
control and there are no material weaknesses that would resulted in losses, contigencies
and uncertainties that require a separate disclosure inthese accounts.
Rev Dr Francis Olusegun Olaniran
(Chairperson, Holy Emmanuel Church of Christ)
Page 5 of 12

THE HOLY UIMKNUEL CHURCH OF CHRIST
Independent Examinerfs Report.
We report on the accounts for the year ended 31st December 2024, which are set out on
pages 8-12
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the account . It is our responsibility
to,.
Examine the account lunder section 43{3llal of the 1993 Act)
To follow the procedures laid down in the general directions given by the
commissionerslunder section 43(7llb) of the 1993 Act)
Basis of the independent examinels report
My examination wa5 carried out in accordance with the General Directions given by the charity.
An examination includes a review of the accounting record5 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 you a5 trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit. and consequently I do not expre55 an audit opinion on the view
given by the accounts.
Independent examinerfs statement
In connection with my examination, no matter has come to my attention:
l. Which gives me reasonable cause to believe that in any material respect the requirements?
To keep accounting records in accordance with section 41 of the 1993 Act and
To prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 1993 Art have not been met or
2. To which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
Date
01/10/202
Omotoyosi Onifade
Profad Quality Investments Ltd
Unit 3&5 1 Bethwin Road
Camberwell
London
SE5 OSH
Page 6 of 12

THE HOLY EMMANUEL CHURCH OF CHRIST
s[AT￿E￿[ OF FINANCIAL ACTIVrriES FOR THE YEAR £N.EI£D
TO 31sr DECEMBER 2024
Unrestricted
Funds
2024
Notes
2023
Income Resources
Tithes, Offering and Thanksgiving
28.723.43
29,741.28
Total Income Resources
28,723.43
29,741.28
Resources Expended
Costs of activities in furtherances of charity'5 objectives
Management & Administration of charity
21.025.53
3,899.00
27.387.57
3,990.52
Total Income Expended
24,924.53
31,378.09
Net Income loutgoingl resources
Net Movement in Fund
Unrestricted Fund balance BIF
3.798.90
11.636.811
23.791.45
25,428.26
Unrestricted Fund balances C/F
27,590.35
23,791.45

THE HOLY EMMANUEL CHURCH OF CHRIST
STAT£M£NT OF FINANCIAL POStfioN AS AT 31sr DECEMBER 2024
Notes
2024
2023
FIXED ASSETS
Tangible A55ets
3,216.71
3,966.56
CURRENT ASSETS
Building Fund
Debtors
Cash at Bank/in Hand
18,475.02
6,648.62
25,123.64
19,432.28
2,844.07
22,276.35
CREDITORS
Amounts due within one year
750.00
750.00
NET CURRENT ASSETS
24,373.64
21,526.35
TOTAL ASSETS LESS CURRENT LIABILITIES
27.590.35
25,492.91
CREDITORS
Amount due after one year
1,701.46
TOTAL ASSETS
27,590.35
23,791.45
Charity Funds
Unrestricted General Fund5 b/f
Net Income for the year
Total Funds
23,791.45
3,798.90
27,590.35
25,428.26
11,636.811
23,791.45

THE HOLY EMMANUEL CHU
CH OF CHRIST
NOTES TO THE ACCOUNTS
For the year ended 31st December 2024.
l). Accounting Policies
Basis of preparation
The accounts have been prepared under the historical c05t convention and in accordance
with the financial Reporting Standard Entities (effective April 2008}.
Incoming Resources
Incomes are mainly from grant5 and sundry incomes received and included in the financial
statement when received. This incoming resources represents money incomes for the
reporting period.
Resources Expended
All expenditures are accounted for on accrual basis and have been classified under
headings that aggregate all costs related to the category. The charity expenditures
representes the amount expended by the church in the current reporting period ended
31st December 2024.
Taxation
As a charity, the charitable funds are exempt from corporation tax but not from VAT.
Recoverable VAT is in accordance with standard accounting practice, included in the cost
of those items to which it relates.
Depreciation
Depreciation has been provided at the following rates on a reducing balance method.
Equipment
Church Offices , Fixtures and Fitting
Furnitures & computer
Motor Vehicle
25%
250A
25Q
25%
2). Operating Profit
2024
2023
This is stated after charging-
Depreciation of owned fixed assets
1,072.24
1,322.19

THE HOLY EMMANUEL CHURCH OF CHRIST
3). Tangible fixed assets
Fixtures &
Equipment
Fittings
Furniture
Total
Cost/NBV
As at Istjanuary 2024
Addition during the year
Di5poa151 written off
1.392.86
322.38
984.38
1,589.33
3.966.57
322.38
At 31st December 2024
1.715.24
984.38
1,589.33
4,288.95
Depreciation
As at 1st of January 2024
Depreciation charge for year
Disp05al/written off
6,908.70
428.81
765.63
246.10
4,549.31
397.33
12,223.64
1.072.24
At 315t December 2024
7,337.51
1,011.73
4,946.64
13,295.88
Net book value
At 31st December 2024
1,286.43
738.29
1,192.00
3,216.71
2024
2023
Trade debtors
4). Creditors Amount falling due within one year
Other creditors- Accountancy fees
750.00
750.00
750.00
750.00
5). Unrestrirted Funds
Unrestricted Funds brought forward
Unrestricted Funds for the period
As at 31st December 2024131st December 2023
io

TH£ HOLY EMMANUEL CHURCH OF CHRIST
6). Detailed Income and Expenditure Account
For the year to 31st December 2024
Unrestricted
Restrirted
Total Fund
6.1). Income and Resources
Incoming from offering, tithes, building and other
28,273.43
28,273.43
Gift Aid
Total Incoming Resources
28,273.43
28,273.43
OUTGOINGS
6.2). Costs of activities in furtherance of the charities objects:
Church Rent
Religious ativities incuding anoiting oil services
Food/Drink
Charitable donation and gifts
Anniversary
Music and entertainment
Christmas Party
Special Programmes
7,200.00
1,759.00
1,725.45
3,140.00
1,750.00
2.000.00
1.950.00
1,501.08
21,025.53
7,200.00
1,759.00
1.725.45
3.140.00
1,750.00
2,000.00
1,950.00
1,501.08
21,025.53
6.3). Management and Administration of Charity:
Depreciation
Stationery
Telephone
Waste management
Postage
Lighting and heating
Accounting fee
Repairs and Renewals
Professional and Consultancies fees
Transportation
1,072.24
350.00
274.72
1,072.24
350.00
274.72
250.00
250.00
750.00
750.00
1,202.04
3,899.00
1.202.04
3,899.00
li

THE HOLY EMMANUEL CHURCH OF CHRIST
7). Cash & Bank Balances
Cash at bank
Cash at hand
2,048.62
4,600.00
6,648.62
81. Church Assets Schedule
Church E
ui
Equipment
ment
2024
2023
1,875.15
1,286.43
1,286.43
1,875.15
Fixtures and Fittin
Fixtures & Fittings
738.29
1,312.50
738.29
1,312.50
Furnitures
Furnitures
1.192.00
2,119.10
1,192.00
2,119.10
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