CHRIST APOSTOLIC CHURCH (UK) 23 Highgate Road, Kentish Town. London, NW5 1JY CHARITY REG. NO.1045291 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020 OSES-BOLE&CO PROFESSIONAL ACCOUNTANTsrrAX ADVISERS & BUSINESS MANAGEMENT CONSULTANTS 39 Saints Brelades Court Balmes Road Hackneyllslington London N1 5TW Tel: 075 8407 5572
CHRIST APOSTOLIC CHURCH,UK CHARITY REG. NO.1045291 CONTENT Tte•S and Advlsern Ind•pendent Exarnlner"s Report to thfr Truste Statem•nt of Flnancial A¥1•8 Balance ¥ho•t N¢)tas fomiing part ot th• Fln¥ncial Statwent 7tsJ9
CHRIST APOSTOLIC CHURCH, UK COUNCIL MEMBERS I TRUSTEES CHARITY REG. NO.1045291 Charity No. 1045291 Tru$t8•s EklerArthw Rcwji Elder Adegbenga David Omotosho Elder Sunday Fadeyr Elder Sina Ogunniran Elder Otanrewaiu Babalola Elder Josh Ok)yede Ejder, Abimbola Aa Elder (Dr) Biyi Adepegba Secretary Elder Adegtenga D Omokntho Financial sr•Iary Elder Athur R Trea$urgr Elder Adesina Ogunniran R8glstsr8d Offic8 CHRIST APOSTOUC CHURCH (UK) 23 Hlghgata Roa¢ K•nJ8h Town. London. NWS 1JY Banke Barcjays Bank pfc Accountants MOSES . BOLE & CO Certified Professional Accwntants ITax th.sers & Business Chartered Management Consultants Unrt 4L Leroy House eLL8irEss c 436 Essex Road London N13QP
CHRIST APOSTOLIC CHURCH UK CHARITY REG. NO.1045291- TRUSTEES ANNUAL REPORT 2020 The Trustees have pleasure in submrtting their report and accounts for the year ended 31st Dember 2020. This Financial Statement have been prepared in accordance with the accounting policies set out on pages 7 to 8 and comply wtth the Statement of Recommended practi {SORP 2015), and the applicable law. Structure. Governance and Management Constitution The Charity is constituted under a Trust Deed dated and the Charity number is on the Centfal Register of the Charity Commission of England and Wales. The Principal Objectives of the Charty is the advancement of the Christian Farth Worldwide and the relief of povety. Method of Appointment or Election of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the tem)s of the Trust Deed. Organisational Structure and Decision Maklng The Church is organised so that the trustees meet regularly to manage its affairs. There is a part-time Minister and Volunteers, lfitho manage the day to day Administration of the Church. Related Party Relationships Christ Apostolic Church, UK is a member of Christ Church Woddwide (ANOSIKE EUROPE REGION) which has rts Head Quarters (HQ) in Nigeria and all over the World. The relationship is govemed by an Agreement for common purposes beeen the CAC Churches. Development activitles and achievements in the year The Trustees are pleased to report that though the year had been financially tough for the Church in 2021. However, the Church continued to be Spirttually sucSsful in the Ministration of God's words to general members of the Communrty. The Church Unfortunate for some unknown reason continued to decline in tnembership stiength even though it also continued to reach out to the local community and London at large through the various reach out programmes and acbvities designed by the current Church Head Pastor with Ihe knowledge and approval of the Trustees. Risk Policy The Trustees have assessed the major risks to which the Charity is exposed, particularly those relating to the operations and finan and are satisfied with the risk management systems in place to mitigate any risk exposure. Future development The Church however, continued to focus its activrties to meet the objectNes and responsibilities of the Charity in 2021 and in the years ahead. Review of financial Position The net incoming reSoUrS for the year amounted to £-10.366 2019 was £7,225)
2020 All these have been unrestricted reserves and no fund is allotted to restricted projecis. Reserve Policy The Trustees have establrshed a policy vthereby the unreStr[c funds not commttted or invested in tsngible fixed assets [the free reserves] held by the church should be 3 months of annual expenditure, for the Trustees to feel comfortable that they would be able to continue the Jrrent activrties of the churrAI in the event of signfficant drop in funding. Principal Funding This is provided mainty through voluntary tithes and offerings by Church members, rental of free available space to other Christian Organisations, the Church Towers for Telephone Masts and throLtgh the Gfft Aid scheme. Pledges are also taken for specffic projects. There was No Gift Ajd Claim during triis period. Statement of Trustees. Responslbillties The Charities Act requires the Trustees to prepare Finanoal Statements for each Financial year. which gives a twe and fair vrew of the surplus or deficit of Ihe Charity for that period of the state of affairs of the Charty and in prepaTFng the Financial Statements, the trustees are requested to.. l. Select surtable accounting policies and then apply them consistently,. li. Make judgements and estimates that are reasonable and pruden( iii. State whether applicable accounting stsndards and statements of recommended practsce have been followed, subject to any departures disclosed and expkined in the financial statements, . Prepare the Finan(aal Statements on the going concem basis unless rt is inappropriate to presume that the Charty will continue in operabon. The Trustes are responsible for keeping proper accounting records which disclose wtth reasonab]e accuracy at any time the financial posrfion of the Charity and to enable them to ensure that the Financial Ststements comply wrth the Charrttes Act 2006 [as amended by Chariknes Act 20111 and FRS102 2015 They are also responsible for safeguarding the ats of the Charity and heno for taking reasonable steps for the prevention and detection of fraud and other irregulaiities. Trusipes and other Inforniatlon The members of the Board of Trust&s who senied during the year were. 1. Elder Arthur Rosiji ............................................Financlal Secretary l Elder Adegbenga Davld Omotosho .............. Charityi Church Secretary 3. Elderisunday Fadeyi . ..Asst Charityichurch Secretary 4. Elder Sina Ogunniran ............-.....-.......................Treasurer S. Elder Joshua Oloyede .....................-...-..............-.. Trustse Member 8. Elder Abimbola Ajayi . -.Trustee Member 7. Elder (Dr) Biyl Adepegba ..................-......................Trustee Member This Annual Trustees Report was approved by the followrng Tnjstees on behalf of CAC UK Trustees". F¥.0 thsJ4 147/>22 Elder A O Roslli............ Elder A D Omotos TrustoelFinancial Secrètary rusteelcharitylchurch Secretary
MOSES-BOLE & CO INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES RIST APO URCH I report on the accounts of the charity forthe year ended 3115T December 2020. which are set out below and notes to the financial statements on pages 7 to 19 Respective responsibilities of Trustees and Examiners As the Charitls Trustees, you are responsible for the preparation of the accounts; YOU consider that an audit is not required for this year (under section 144(21 of the Charf(y Act 2011{the 2011 att) and that an independent examination is needed. It is my responsibilrty to Examine the account (under section 145 of the Artl: follow the procedures laid down in the General Directions given by the Charity: Commission (under sertion 145151 Ibl of the 2011 Act and State whether particular matters have come to my attention. Basis of Independent Examinerfs report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination include5 revlew 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 you as the Trustees conceminganysuch matters. The procedures undertaken do not provide alltheevidencethat 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 Examinerfs Statements In connettion with the examination. no matter has come to my attention:_ Which give me reasonable cause to believe that in any material respettthe requirements To keep accountin8 records in accordance with section 130 of the 2011 Act; To prepare accounts which accord with the accounting records and to comply with the accountlng requirements of the 2011 Act have not been met or To which, in my opinion. attention should be drawn in order to enable a proFer understanding of the accounts to be reached Moses O E Igunnubole. BA (HONSJ FAIA FCPA FFA FIPA. MonGging Partner MOSES-BOLE&CO Chartered Certified ForensicAccountonts Certified ProfessionolAccountuntsnoxAdwsers And Business Chortered Management Consultants Td., •44120?7041525 &na¥ j F&Y,'+44lOF2D73542035 436E55EXPA>3dtsfiwto
CHRIST APOSTOUC CHURCH IUKI STATEMENT OF FINANCIAL ACTMnES FOR ThE YEAR ENDED 31ST DEceMBER 2020 Prior Funds FurKIs FuThts Funds Funds Incoming vesour¢•s Income and endowrnents from: Donations and legaags Miscella0us Income InveSeThts Total 25.0&S.83 25,036.83 28,147 22,228 26.500 76.875 9.750 34786 9.750.CKJ 34,786.83 Direct Cost Support Cost Goverrtar Cost Total 18,386.71 25.765.97 1.000 00 45,152.88 18,386.71 25.765.97 I.OCMJ.00 45.152.68 3),091 1,475 69,660 110.365.85) {10.365.851 Re¢on¢lllatlon of Iwid•.' Total funds brougm forward Total fund8 foyward 1,247,449.86 1237,084.01 1 247.449 8e 1 237.084.01 1240.224
CHRIST APOSTOLIC CHURCH (UK) BALANCE SHEET AS AT 31ST DECEMBER 2020 Total FuTrJ8 Fund8 Funds Flxèd as8ets Tangible assets Totsi fixed assets 1.239MO.(M) 1.239.580.00 1.239.580.00 1,239.580 1.239,580 1239.580 Cash at bank and In hand Totsl ojrrent assets io 401 4.01 4.01 10,877 7q,320 Cr6(fftorn.' fallThJ due wr11"n 1 y 2.SJO.( 15thJ.rN) Total &ssots le58 1)Jrrent thalaS Totsl net 88setsor Irthlib8S 7,870 7.1.01 1.237.084.01 1.237 08401 1 237 OMOI 1.247,430 Funds ofthè Charfty Unrestricied ftmds Total funds .084.01 1237.0x01 1,237 084.01 1247,450 1,247,450 Signed byonè orlvrt) tn on beldE ofall thetruSto.' Slgnature" k-.T) I Date of appro¥ Prfnt Narne. r7q*MC/n
CHRIST APOSTOLIC CHURCH (UK) NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2020 Not• 1 Ba•1$ ol prop•ration 1.1 Basis ol accounting These accounts have been ppared undw the historic cost convents.on wth rtem$ recognised al cost or transacts.on value unless othewse 5ts1ed in the relevant nole{s) to these a¢counts. The accounts have been prepared in accordan the Financtal Reporting Standard applicable in the UK and Republic of Inland IFRS102) issued on 16 July 2014 and tti the Chanties Act 2011 and the Charity constitutes a public tse as defined by FRS102. 1.2 Golng eonc•rn conslden.ng the stead l•vW of incomlng rnsources andmembets numbor the Chai¥ty a golng concem wlth no anyknown unforeseen ¢IUmstae 1.3 Chang• of ac¢ountln8 Wicy The accounts pres8nl a true and fair view arKI the accounting Wicies adopted are those ouuined in the note with rto change in policy IA Chang•¥ to a¢couTrtlTro •sllmat•• No thanges lo accounting estimates have ctturred in the rwrtiThJ riod (3.46 FRS 102 SORPI. 1.5 Mat•rfal prfor y•ar •rrors No material prior year etror have been identified in the reporting period (3.47 FRS 102 SORP).
CHRIST APOSTOLIC CHURCH, UK NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENOED 31ST DECEMBER 2020 Note 2 Accounting pollcl•s Please complete this note when first reporting under FRS2102. &tion 35 of FRS102, wuires 3 reconciliations lo be presented, rf all are appIle. 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOVNTING PRACTICE Thore is no change in accounting Fdicy in this period
CHRIST APOSTOLIC CHURCH. UK NOTES TO THE ACCOUNTS IcoTrrriNUEDI FOR THE YEAR ENDED 31ST DEceMBER 2020 Ngt• 2 2.2 INCOMe This standard list of accountirKJ poti¢yes has been by the charity exc8Pt forthose bcked No or "Nla Wherg a drtret or addttional polw ha8 been L4)b3 then this k% detail in box t. R•eognltlon of incom• These arè induded in Statemartof FinanThal AclMIEs {SoFAI wh&n.' . the charity t)ecornes ent[t to r8sources". . it more likaly than not that the tsvst6es will retsNe the resrS.. and . the moretary value (zn be measurèd wilh sufficnt reliabilty. Accountlng ptsllcig• Thertr is legacy duri this Fer. Grants and donatlons Grants and donats.olls arp only ind[j in SOFA the gew81 ir¥xTr rwJnrbon rtria arè met15.10 to 5.12 FRS 102 SORPI. In the case of perf0Than related grants, inconk must only bè wnwl to the extent that tt ¢harty has provided the speafied gcKKJs or swvices as enljknentto the gr8nt onty OLuJrs the rformance reld Cond"0n$ are nt<s.18 FRS 102 SORPI. There ks no Iggaey re1 duriffj thK8 w4trJ. No gov8mnnt grant was r01ve I this ri¢)Y. GiftAd rec8ivabb i8 Includ in incorne t1 is a valKI ¢kdarati( donor. Any Gift Aid amount recovered on a donation i% oJrtsKler8d to be part ol that gift and rs treated as an addjb'on to the same fund as the inthal donation Un OrOr the temis ofthe apKEal ha SP8Lyfied otherbmse. This is not applicable Donat•d good¥ Thts is not 4lPltsble Donat•d 8•rvl¢•8 amd faclllth• Donatsd seNices and fwliti8s are Ind In tr18 SOFA at the vue ofthe gfft to the charty proVidj the valua of tho grfl can be rrasU llabty. Oonatod s&rvice5 atxy f8ci5rttes that are con3trrd imrned• are rned a5 tncome an equIvarrt amount recognLsed as an eXts under the arYrIale heading in th8 SOFA. Support costs The s*8rity has inaJTrsd expeTrJiture on SUFP ts)st Vo14ml••r h•lp The value of any voluntary help recelvgy is Th)t inc4uW in ts aj[ts but dèscxthd in the trust$. annu& rt. Incom• from Int•r•B( royaltlos •MI dlvld•n Not appluble during this period
Incom• from momb•rship sub•¢rlptlon• rilhes offtrring rpceived fr the merters a in th8 nore of a gfft a reo)gnwJ as Donations. and Legaoes $0tt1om•nt ol inuranc• clalms 1nstsran dairns are only induded in Ihe SOFA the general incL¥ne rfjcY)gnitTon cnteria arB m&t1S.10 to 5. 12 FRS 102 SORPI are as an it&n of other incoTh in the SOFA. Inv•stm•nt galns and los¥e8 This includes any realiwj or unrealtsÉd gaIr Ic6ses on ts Sa of In¥esents arnj any gain or loss r&sulting frc#n revaluing Inveslments to market value at eThJ of the >w8r. 2.3 EXPENDITURE AND LIABILrriES Llablllty recognilion abilities a recognised wher8 it is mrxe IWI than that there i¥ a tegal or Ca)nstru¢ve oblKJatir C4miltrng the charity to pay out resources and thè #Mc[ft of Ihe colyalion m&awJr&J reaSOnae rtainty. Gov•rnanc• support C08ts Support tX)sts have allctated b8Wn govarna costs and oltw suFprt G0Vema LY>sts colnprise all cx)sts irNc4ving public acctyJnth"lity of the charity arKI its (XYnplian with regujthon and 900d practi. Support Costs indude cntral ftjncb'ons have all(xatwJ lo aCty cosl caiegcrns on a basi¥ consistgntwith the use of resour. eg allotstsw t))5ts by Th))r areas, or pw wrt8. staff Costs by the rne nt and other o)sts bylheir usage. 6rant8 wlth p•rfonnaneo condltions The Ch8nty Is not awarding grantto any organisation Wh8re thère arè no condtb.ons attaching to the grant trat enabkn th• donor charity to realtstical avoid thè commitrnert a liatrAlity lorthe fvll funding o8b"0n must be re(ayJntsd. R•dundan¢y ¢•st The tharity made no redUndaft paynrt4 1rJ reporbrrj p. D•f•rr•d InMm• No rnaterial itern ofdaferred incorne has te8n indtktsj in accojrts Cr•dltor8 The chanty has ¢dItorS which a Measu at setttement anytrBd& dujrthnts Provisions for Ilablllti•s A liability is measured on recogntbon at rts hk8tortcal cost aThJ subwuentty measured at the tSt estimate of the amount required to sètlle the rtlKJation at [ptia date Ba•le flnn¢lal In•trKvn• The ch8raty accounts for basic ffnano81 instr on initi.al rec4)gnitKJn a5 par par4raph 10.7 FRS 102 SORP. Subwuent rneaSufnl L8 a¥ per paragraFts 11.17 to 11.19. FRS 11Y2 SORP. 2.4 ASSErs Tanglble 15x•d •s5ot• for by ¢hlty These are c8Pitalised il they can be used kjr more than one year. aTrJ ctxst at J&*t They are v8lue(l at uisL The depreaation ratss aNI methods Lwj are dtsdoswj in n()ts 14. 10
Intanglbl• fixed Th6 charty has intangible ffxed assets, that is. nwwtsry ass do have physt" Substan bLrt are Klentsfiable and alè o)ntrotled by thè tharty thrcrttgh ojstody or bgal tvJhts. The orh"sation rs and methckts uwj aro dBcgowJ in Mte 15 TW ar8 valwj at rxtsl H•rltag• as••ts The charity ttas fritage assets. that is. assgts s(ientrfic techndogii21, geophy&cd or environm&tsi qual8$ that are held maintai prinapalty fortsr ecthbulion to knowle(Je and depw'ation rates methots (j 88 ddosed in note 16. They are value¢J at cost Inve8tm•nts Fix$d ass8t investment5 in quoteLJ share5. tradgd t)nds and simiLw inveSn valwj at intbally at cost an¢Y subsequenty at fair value ltsir market val) atlhe year end. The sarrE treatrnent is appli&J to unlisted investrnents unth fair value txrtrnot be Ur reliably c• rt is measured at ¢ost less impairnnt. InvÈstment5 held for or pendiNJ "r$ale and ¢%sh ar cash u1Vats ¥wth a mabjnty date of less than f year are treated as current asset investments Stocks and work in proy•ss Stocks hèkl for sale as pan ol non4thantsblè trade arg mwtThY ètthe o)stLY lIsab value. Goods or sNtss provided as part ofa chaiitatrAe acltvty arp rnred at rable value based on tha Servi potential provkI by items of 5tcx. Work in progrnss Is valid at cost any foreseeable Ioss Ihat is IW to o(¥won thè oknc D8btors (including tr8de debtots loans receNable} measurèj on initial rgoyJnrtion at set¥ement amount after any trade dtscounts oramount ajvanced by the ianty. Sutwuenty, they are measurad at the osh or otsr consKlerthn e>• to r1Ved Thè charty has has investments rt hokts for resa or &wJiThJ trEir sale L¥sh aThJ ¢ash equivalents wth a rnaturity dats kn than one year. TPEsè ire cash on deposrt and cash 8quN8lents %th a marity date of than one y8ar h8kl for InvestrEnt puw than to metrt short tèrm cash (x)mmitm8nts as tw fall due They are valLd at fair value excapt Ere they qualfy as ba finanual insbwments. POLICIE8 ADoFfED ADDITIOIIAL TO OR DIFFEREKf FROM ThOSE ABI>VE rhera no any othèr ptslio05 adopted. 11
CHRIST APOSTOLIC CHURCH. UK NOTES TO THE Accoupirs IcopmNUED) F¢JI THE YEAR ENDED 31ST DECEklBER 20ZO Plot• 3 knly¥ls ol 0M• Funds Funds Fund¥ FuThJs Funds rrthes, Offenngs. tlonatkms etc Total 25.036 83 2&036.83 25,036 83 25.036.83 28.147 2&147 (Xhers. Energy BdLs Refu 22,228 22,228 Rent81 ansj IwirJ Corr Total 9.750 CKS 9,750.00 26,500 28.500 9.750.tNI TOTAL INWAIE 34.786.83 34.786.83 76.875 •ount and plr y•ar •mvunl¥l 12
CHRIST APOSTOLIC CHURCH. UK NOTES TO THE AGCOUNTS ICONTIMUEDI FOR TrIE YEAR ENDÉD 31ST OEceMBER >)X Not• 4 Analy8is ol•MpbndltuY• Prior DIReCT cosr Salaries & Wages Donations & Grfts iwetfarel ChoirNusirJYouth Dera Honourarium Prinb"ng I PublidtylStrts"¢)nery Training VehlBvildiThJ Irwranee Securty Trave[818pOrt Repai & Mairten8n Legal Fees PAYE & NI Subscripb"on8 Funds Fun Fund¥ Fund• FUNJ 1,450. 1,450.00 4,500 L574 7,830 4.150.IAJ 4,150.00 480.00 113.00 113.1)0 613 s.9.08 5.9C¥).08 656.8S 6,894 657 756 2.28D 7A51 4,150 495 1.483.75 750.0) 2.443.¢XJ 1,483.75 750.00 2.443.00 1&386.y1 18.386.71 Ground Rent & Rates Bank & other finan tar$ Ekntricrty a1 Gas Telephon8 & IT EntèrtainmentIRefreshn* Water rdtes Architect Fees Con$uttanGy Fees Motor Expenses & PaMrvJ Cleaning & sanrtab.on Assets Expenssd Covid Expenses Generating set Irent &matfttonal Speual thanksgi9 494 945 9A75 1,168 462.48 4,050.00 1.004.76 4.050.C 1.004.76 297 65 3.776 40 297.65 3.776.40 389 1911 7.585. 651 7.935 1118 7,585.00 781.50 7.308.18 781.50 7.308.18 1291 310 30.091 68,174M6 Total 25.765.97 44162.88 4415168 13
CHRIST APOSTOLIC CHURCH, UK NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE YEAR ENDED 3fST OECEMBER 2020 Ntyte J Detall• ol c•rtain Itew ot •xp* Fees for examinath.on of the aCcnts Please provide details of the 8mount paid for any stattrtory extemal srnrtFny of accounts and other services provi(led by your irthpendent examiner. If ith.ng VAS paid ease enter'o. in the appropriate boxlesl. GOVERIIANCI COST Thly Year Last Year Independent examinerfs fees Legal Filing Fees Other fees {for example". financial athice, eonsuttancy. book.keeping & accountsn¢y services paKI to the independent examiner.) 300.00 100 00 450 125 600.00 1.000.00 900 1A75.00 14
¢HRI3T APOSTOUC CHURCH, UK NOTES TO THE AccouKfs ICONTINUEDI FOR THÈ YEAR ENDEO 315T DECEAIBER 2020 Nots 6 Y•rwJlbl• Equ8 T¢ Y•ar Atlhe t¢lliin1 oftssar Z470.L 17S.174 1645.174 1645.174 Atem oftheypw 175.174 2.144174 214 BL19 FMLYes&Fdltr Er Jhl Lww) 10% 10% Litsti Comw•r Atètymry Of1 1230.410.LThJ 175.174.tsJ 1,405,500 1.4(S.594 ofthe 1.230.420.C 175.174. 1.40S.594 1,•)5.s94 •A Notbookl• Net bwk rftheyr. 1,239.580.00 Not Wvalwihe ofthfj yov 1235.580 1.239.580LXI 1.2395WJ L2395 6A thw•jTh•Trt trnam• 4ndWlrtYts. Y4FsAW= hVA Ihe Meth5&pI4d ?448$Fkn=*11A a8yth.- NIA
CHRIST APOSTOLIC CHURCH, IIK NOTES TO THE ACCOUNTS (COKnNUED) FOR THE YEAR ENDED 31ST DECEMBER 2020 Note 7 Debtors and prepaym•nts Please complete this note rfthe charity has ary de ty prepayments. 7.1 Analysls of debto This Year Other debtors Total Last Year 443 16
CHRIST APOSTOLIC CHURCH. UK NOTES TO THE ACCOUNTS (coKfiNUED FOR THE YEAR ENDED 31ST DECEMBER 2020 Note 8 Crlt01S and acerual* Pléase cL¥npJete this ntste rfthe charity has any ¢xedrtc¥B or acouals. 8.1 Analysis of credttor¥ Amounts fallirg due thin one year Amounts falling due after morp than onè year Other Creditors Loan A¢count- CAC- VUH Totsl 1,CKKI.¢XI 1.500.CKJ 2.500.00 1,500 3,450 17
CHRIST APOSTOLIC CHURCH, UK NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2020 Not• 9 C¢>ntlng•rt Ilabllltlej and com9• assets 9.1 Conilngent liabilitles Where the charity has contingent liabililities, plea8e Cplete the foil0vrJ Un U P083ibilty of their exist8nce is renth.. Description of item including Its legal nare. Plgase describe any security provided In connection to the liabllty. Estlmate of finaTrclal effoct 9.2 Contingert assets Where the charty has Ctr.gent as8, please ccynplete the folkAMng "¢? when their ex18ten 18 probable.. D•scrlptlon of item Estimate of financial effect 9.3 Other disclosures for contlngent assats andlor Ilabllities Please provid6 the following information where practicable.. Explain any uncertainties relating lo the amount or timing of settlement," and the Fossibilty of- any reimbursement Where it is not to make one or more of these discthur8s. please st this ft NONE OF THE ABOVE IS APPUCA8LE 18
CHRIST APOSTOLIC CHURCH, UK NOTES TO ThE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2020 Note 10 C••h at bank and kn Iwnd Thii Y•8r Last Year Short temi ¢Jeposts Cash at bank on hand Total 125 10,752 10177 -18.32 4.01 19