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 2021 MOSES-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 Trugtees and Adwiser8 Independ•nt Examiner"¥ Report to the Tnrat Statsm•nt of Flnaneial Acti¥iti•s Balan¢e sheet Nates forniing part of the FiTran¢ial Statsment 7ts19
CHRIST APOSTOLIC CHURCH. UK COUNCIL MEMBERS I TRUSTEES CHARITY REG. NO.1045291 Charity No. 1045291 Trusts Ekler Arthur Rosiii ElderAdegbenga Davtd Omotosho Elder Sunday Fadw. Elder Sina Ogunniran Efder 01anr•YaJU Babalda Elder Joshua Oloye(le Elder, hbImba Eldef (Dr) Biyi AdeKEgba S8¢r•tsry Elder Adegbenga D Omotosl Flnanclal Secrotsry Ejder Arthur R11 Tftasurnr Elder Ade&"na Ogunniran R•gistored Offi CHRIST APOSTOUC CHURCH (UK) 23 Highgato Road. Kentlsh Town, London. NYIS 1JY Bankers Barclays Bank Pk Accountants MOSES-BOLE&CO Certffjed Professional Acuuntants 8X Ad¥tsers & BUnesS Chartered Management Consultants 39 Saints 8rElades Coun mes Road London N15T
CHRIST APOSTOLIC CHURCH UK CHARITY REG. NO.1045291- TRUSTEES ANNUAL REPORT 2021 The Trustees have pleasure in submitting their report and accounts for the year ended 31st Dember 2021. This Financial Statement have b*n 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 Charrty is constituted under a Trust Deed dated and the Charity number is on the Central Register of the Charty Commission of England and Wales. The Principal Objectives of the Charity is the advanment of the Christian Faith Worldwide and the relief of poverty. 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 temis of the Trust Deed. Organisatlonal Structure and Decision Making The Church is organised so that the trustees meet regularly to manage tts affairs. There is a part-time Minister and Volunteers, who manage the day-to-day Administration of the Church. Related Party Relationships Christ Apostolic Church, UK is a member of Christ Church Worfdwide (ANOSIKE EUROPE REGION) which has its Head Quarters (HQ) in Nigeria and all over the World. The relationship is govemed by an Agreement for common purposes between the CAC Churches. Development activities and achievements in the year The Trustees are pleased to report that though again the year had continued to be financially tough for the Church in 2021, especially with the outbreak and recovery from the Covid 19 virus Pandemic, however, the Church continued to be Spiritually successful in the Ministration of God's words to general members of the Community The Church unfortunately has for some time for unknown reason continued to decline in membership strength even though it also continued to reach out to the local community and London at large through the various reach out programmes and activities designed by the Church Head Pastor with the knowledge and approval of the Trustees. Risk Policy The Trustees have assessed the major risks to which the Chartty 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, will continue to focus ils activities to meet the objectives and responsibilities of the Charity in 2022 and in the years ahead. Review of fjnancial Position The net incoming resour$ for the year amounted to £-529.41 (2020 was £-10.366) All these have been unrestricted reserves and no fund is allotted to restricted
projects. Reserve Policy The Trustees have establish&J a policy whereby the unrestrtcted funds not committed or invested in tangibie fixed assets [the free reseTves] held by the thurch should be 3 months of annual expendtture,. forthe Trustees to feel comfortable that they would be able to COFrtinue the cJJrrent activities of the church in the event of signfficant drop in fijnding Principal Funding This is provided mainty through voluntsry ttthes and offerings by Church membetB, rentsl of free available space to other Chrtstian Organisations, the Church Towers for Telephone Masts and through the Gfft Aid scheme. Pwges are also taken for 8pecffic projects There was No Grft Aid Claim during this period. Statement of Trustees, Responsibilities The Charitles Act requires the Trustees to prepare Financial Statements for each Financial year, which gtves a true and fair view of the surplus or defictt of the Charity for that period of the state of affairs of the Charity and in preparing the Financial statements, the trustees are requeStj to: l. Select suitable accounting policies and th appty them consistently,. ii. Make judgements and estimates that are reasonable and prudent. iii. State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements: Iv. Prepare the Financial Ststements on the going conrn basis unless rt is inappropriate to presume that the Chartty will continue in operatson The Trustees are responsible for keeping proper accounting recx)rds which disclose with reasonable accuracy at any time the financial posttion of the Charity and to enablo them to ensure that the Financial Ststements comply wFth the Charittes Act 2006 [as aménded by Charrties Act 2011] and FR8102 2015 They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregulanttes. Trustees and other Infomiation The members of the Board of Trustees who served during the year were". Eld•rArthur Rosiji .............................. .............Flnancial Secretary 2. Elder Adegbenga Davld Omotosho .............. Charityl Church Secretary 3. Elder Sunday Fadeyi . ..Asst Charitylchurch Secretsry 4. Elder Sina Ogunniran ..........................................Treasurer S. Elder Joshua Oloyode ............-..-...-.........-.....--...... Trustee Member 6. Elder Abimbola Ajayi . ..TNstee Member 7. Elder (Dr) Biyi Adepegba .................-............. .........Trustee Member 8. Mr Obafemi Badmos................................................Trustee Member 9. Mrs Ranti Badmos...................................................Trustee Member This Annual Trustees Report was appred by the followÉng Trustees on behalf of CAC UK Trustees.. Elder A O Rosiji...........................................TrusteelFinan¢ial Secretary Elder A D Omotos .IgTrusteelCharltylChurch Secretary
MOSES-BOLE & CO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES CHRIST APOSTOL URCH UK I report on the accounts of the charrty for the year ended 311sf December2021, which are set out below and notes to the financial statements on pages 7 to 19 Respective responsibilities of Trustees and Examiners As the Charity's Trustees, you are responsible for the preparation of the accounts; you consider that an audit is not required for this year (under settion 144{21 of the Charity Act 2011lthe 2011 act) and that an independent examination is needed. It is my responsibility to Examine the account (under section 145 of the Att): followthe procedures laid down in the General Direttions given by the Chartty," Commission {under section 145151 (b) 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 direttions given by the Charity Commission. An examination includes review of the accounting records kept by the Charity and a comparison of the accounts presented wtth those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as the Trustees concerningany such matte. The procedures undertaken do not provide all theevidencethat would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair vie, and the report is limited to those matters set out in the statement below. Independent Examlnerfs Statements In connection with the examination, no matter has come to my attention:_ Which give me reasonable cause to believe that in any material respectthe requirements To keep accounting records in accordance with sertion 130 of the 2011 Act.. To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met or To which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached Moses O E Igunnubole, BA (HONSJ FAIA FCPA FFI FIP Monoglng Partner MOSES-BOLE&CO FT4 FIC CPFA... Churtered Certified ForensicAccountants Certified ProfessionolAccountonts/ft7xAdvisers And Business Chartered Management Consultonts Td., 712525 Ern31' 5nDse5Lx1e Le[tyHoL$i[$ce1rQ.Lb a)73542035 I
CHRIST APOSTOUC CHURCH IUK) STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31ST DECEMBER 2021 in(XTh ETrJfnbTnen FuNJ¥ Funds Prior year FurK15 Fund$ To FuThJs R•comn1ded cat•gorlo• by acttvity Incoming TOur¢•8 Income and endo*YneTrts from: Oonations and 9a¢18S Investments Total 16.326 75 13.000.00 29.326.75 16.326.75 I3,(0 00 29,326.75 25,037 9.750 34.787 'rect Cc6t Support C05t Govemance Cc6t Total 14.456.94 14,374.22 1.025 29.856.16 14.456.94 14,374.22 1.025.00 29.856.16 18,387 25,766 45,153 Ngt mov•m•nt In funds 1529.41) 1529.41) . 10.366 Re¢on¢fjllatlon of fid Total funds brought fotw2ryJ Totsl funds carrred for4rd 1.237,084.01 36.5x60 1 237.084.01 .554.60 1.247,450 1.237,1)84
CHRIST APOSTOUC CHURCH IUKI BALANCE SHEET AS AT 31ST DECEMBER 2021 Rèsth(•Y Note¥ Unrnstrthl income End(yAn Fund8 Funds Fimd8 Futyts Ye FLY8d 8S$8ts Twibkg assets Totsi flKed assets 39.580 CKJ 1,239.580 CM) 1,239:580.00 1,239.580. 1,239,580 Current ass¥ts Debtors Cash at and in harNI 10 1Wd.80 199.60 1S¥.80 199.80 CF&Jftor8.' arnounb falkng due 1 y 8 3.2).[ 3200 ( rJAryprta$setWiabiblie$l Total assets less CUTrwtt li8bilttVJ8 1236.579 PA) 1,236.579.60 1.247 450 Total Tret assets or It8 1.236.579.60 1 237.084 Funds ottho Charity Unrestricted fijnds Total funds 1.236.579 1.238.579 60 1 236 579.60 1237.08¢ 1.237.0 &9ned by one orts¥o ttee& on behalf0f1 thèthu#eg8.' Signature." Print Name..
CHRIST APOSTOLIC CHURCH (UK) NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2021 Not• 1 Basls ol pr•paratlon 1.1 Ba$ls of accoyntlllg These accounts have been pr&pared under the historicd cost ¢))nvenlion items recognised at cost or transaction value unless OtherSe slated in the relevant nole{s} to these accounts. The accounts have been prepared in accordance bmth the Financial Reporbng Stalard applicable in the UK and Republic of Inland {FRS1021 Issued on 16 July 2014 and with the Charib'es Act 2011 an¢J the Charity consty'tutes a public benefft as defined ty FRS102. 1.2 Golng concorn Considering the stead level of Incomlng resources and membershlp numberthe Charfty is a wng concem With no any known unforeseen circumstsnce 1.3 Chang• •)f ac¢ountlng poll¢y The accounts present a true and faj'r vi•v and the accwnting Fdicies adopted are those outjined in the note wth no change in poliGy 1.4 Chang•s to a¢countlng •Stlmat No changes to 8tuntIng estimates have occurred in the reping period13.46 FRS 102 SORP). 1.5 Material prior y•ar wrors No materi81 prior year error have Ided in the reporfirg period13.47 FRS 102 SORPI.
CHRIST APOSTOLIC CHURCH. UK NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2021 Noto 2 A¢countlng pollcl•¥ Please Complete this note when first repott.ng under FRS2102. tion 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable_ 2.1 RECOIICILIATION WITH PREVIOUS GENeRALLY ACCEPTED ACCOUNTING PRACTICE There is no change in accounts.ng in this p8rfc*
CHRIST APOSTOLIC CHURCH. UK NOTES TO ThE ACCOUNTS IcoKfiNUEDI FOR THE YEAR ENDeD 31ST DECEMBER 2021 Not• 2 2.2 INCOME Thks starTrdard I of accounb"n9 poliass has ten apKAi&Y bythe tharrty except for thcth td(gJ No c "Nla" Where a different or addrfional Fxjly has been JW&J then ihis i5 detai in the telcth. Ac¢ountlTrB pollcl•J Rocognitlon of in¢ome These arè Induded In ihe stateTht of Finanaal A(vitigs ISOFAI Vtsn'. . th8 charrty brneS ent1 to the resources.. . rt is more likely than not that the tr$ wll resourtss". aTrJ . thts Monetary value can b& r[sUrl suffirient lIa'lity. There Is no legacy 1¥1 duriro thi% p6wJ. Gr•Trts and donatlon• Grants 8nd don8tions are onty Induded in th8 SOFA kn the gewal Ir& non uitoria are mal1S.10 to 5.12 FRS 102 SORP}. In the case of performan lated grants. income must onty t rxjnL to the exl8nt thatthe charity has provi¢Jad the specffied go(xI5 or services as entsUThnt tolh8 grant onty cxurs vthen U prformarrte relat8d conditions are rnet15.16 FRS 102 SORPI_ L•gacl Thfj is no legacy reNed during thi8 (1. Gov•rnm•nt grant• No gOvemThnt grantwas recal durir¥J thts Feriod. Tax r•clalms on qlonations and grft• Gift Aid receivae is induded In income vthen is a vatil ¢Jedarab"on from the Ikjror. Any Gfft Aid amount recovered on a donatron is COll5K1erj to be part ofthat gfft aThJ k% 8¢e as an addon to the samè fvjnd as the Inthl donabon unless the donor or the tè of 8Pteal have sp&2fied othese. This is not applicab Dfjnat good8 This not applble Donat•d s•rvlc•¥ and f•c11tt1•5 Donhted se$ awl fa(ilitEs are indLtsd in the SOFA **18n at tha value ofthè gfft to the charity prtsvided the value ofthe gift can be mured reliabty Donated servi5 and faul1t that are cx)nsumed IMMlalety are regnISed as in¢J)me th an equivalent amount wnise(18s an underthe 8pprcyrièlY Wing in the SOFA. The charity ha5 incurred ewendthtre on 5UPFKJrt coBts Voluntoor h•lp Tha valu6 of any voluntsry help received is not in ts aco)urts is descrtsj in truste&s' annual raport. Incom• from Inter•stJ royalti•s thJd•n Not applitsble during this periad.
IoMe from m•mb•rshlp sub•cripllons Tithes and off&ring riVJ trom the arè in thè nalure of a gift arp TWni a5 Don8)'ons. and Legaoè5 S•ttl•rn•nt •e Insurnnc• ¢laim• Insuran daims a only incjuded in b)& SOFA when the gewal inc(Tr recognibon are met (5.10 to 5.12 FRS l(r2 SORPI arKI ar8 indtthd as an item Lthr in(x)rre in the SOFA. Inv•stm•nt galn• and loss•• This includes any realis8d or unrealis&J gains or k)$ on of investrnents and any gain or loss resulting from revaluing investments to mwket value 8t ol ye 2.3 EXPENDITURE AND LIABILITIES Llbillty r•¢ognltlo Liabilities arè recogllrs whwe it is morn likety Ihan not that there is a J8gal orconstnjctive obligatron <mmitb"ng thè rthanty to pay out resources arKI the arnount ofthe rtjluatson e8n te npasured with reasonable cert2inty. Govornanc• and support Costs Support costs have bn allocated baln governan costs and Olhar suppc¥L Governan costs faJmpri3e all costs invofving public a(YountstM'Ity ofthe tharity aThJ rts CXMlan wAlh regulation aTvJ good practi. Support costs indude ntral fvnthons and have 8n alk)tsted to aLwty ¢J)st categ(yEs on a basis eonsistsnt witti the use of resou. eg allocabng prorty costs by fioor areas. per capit8. Staff costs by thè tine spent and other cLts by their usJ9. Grants wlth p•rfonnan¢• eondltlons The Charity is not awarding 9rant to any organtsab¢)n Grants payable without p•rf•nnanc• Conditi Where there are no 0)ndon$ att8thing to the grant tttat enabth don(x thanty to w11slic avoid the commknènt. a liabilty ftthe fijll funding oblvJth"on rnt t ren. Redundan¢y eo•t The tharity m8de no r&Sundancy paYts duriryJ lh8 rept.J w¥yJ. D•f•hT•d in¢om• No material item of dfred iNrne has indu in a(roJnts. Credltors Th& chorty ha$ creditors %thich are m&awd at settlèrMnt amounts any tr8¢JB diryc4yJn Provlsions for liabllltl•s A liability is rneasu (x? recognition at its hkstonol cy)st then subsequenuy meaSurj at the best estimate of thé amount requirtsd to setlle the oblwJatron at ts reporbng date Bas1¢ flnanelal Instrumonts Thè charity accounts for basic financaal lnstrurts on in"8[ rpc4)gnition as F•ragraph 10.7 FRS 102 SORP. Subsequont me8surem&nt i5 as wr par8gr8phs 11.17 to 11.19. FRS 102 SORP. 2.4 ASSETS Tangibl• fixed ass•ts lor u8• by dwity These are capitalised if they can used for more than onè year. aThJ ¢>)st at bast They are valued at cost Thè ¢Yepreoabon rates and methcJs u1 ate d10S in nolp 14. 10
Intanglbl? fix•d as••ts The dTarity has IntsrKJ1b fixed 8ssets. that is, Ik)Mv)rry as8ets that do not have phpol Substan but are identifiae and a C)trolled by ttE chanty thrwh uJst&ty o( 981 rNJhts. The amtiftisath)n res and rnethckls used are disdrAaJ in hots 15 Twarn Val at oist The chanty has kEritag& ass6ts. that is, n(Mry a55ets wthh h. arbslic, 8(yenbfie. teChnogIcal. geOphYal or enmronrnentsl qualths Ihat are held and maintairBY npalty ftx tr"r ¢ontribution to knovl and L¥Mur•. The dasxerythn rates mettrK>as as disdod in note 16. Thay are valued at LX)St Inv•51m•nts Fixed asset Investrnents in shar88. tradbd d$ and simiL8r Investhnts are ¥U&j at inibal at cost and SLknsequently at fwr valu8 ltreir market value) at year 6nd. Th6 same treaknent applied to unlisted Investments unbss fairvalue cannot rreasuffgj telkabty in lch case it is asu at C05t sS impainnenL Investsrents hèld for are or pending tr1r sala and cash aThJ cash U1va a maiuiity date of lès$ than 1 year are treated a$ currerrt asset inVestrnts Slo¢ks and wwk In prow•ss Stocks hekl for sale as part of nOrthrrte tradè are rneasured atth8 kmer oro)st net reah"satle vakp. Goods or servires prowded as part of a thantaNe ath.vty a m8asurwJ at rt realBati vatue based on the Se[W potenbal prov by rtn$ tslstod(. Wort( in progrgss Is valiEd at cost16ss any that 15 to oo)Jr on the cortrart. D•btorn Debtors lindudiThJ trade debtors and loans receN8blel are rreagJrJ on ITr91 re(£gn(bon al Sottnnt amount after any trad8 di8counts or amount thanced by th8 thanty. SutrAequgrity, are Measu * Ihe cash or othèr consthration 8xpected to trE reeewl The charity has has Investrnents whieh f( hohts for res3 or thr safe and cash and eash equivalents wrth 8 rnatuitty date W than one year. These cash on deFK)srt and cash equwalents a maturity dat8 of kss than one year for invèstment purposes rather than to meet short term cash commilrnents as they fall . They gre vald at fair value axegpt whare they qual as b.C finarKAal instrLrrEnts. POLICIES ADOPTED ADDITIONAL TO OR DIFFEIIEprr FROPA THO3E ABOVE There 15 no aw other policies adopt&Y. 11
CHRIST APQSTOLIC CHURCH, UK NOTES TO THE AcUNT5 {CONTrNUEDI FOR THE YEAR ENDED 3tST DECEAIBER 2Q21 Ntst• 3 Prlor Funds Donation• and 1•gacle Tithes. Offering$. donatK)ns et¢ Total Funds Fund¥ Funds Fund5 16.326 75 16,326.75 16.326 75 16,326.76 26,037 Rental aTrJ lThJ incom8 Total 13.LKXI.00 13,(*JO.00 9.750 9750 I3.L.00 TOTAL INC¢XIE 29.326.75 29,326.75 34,n7 12
CHRIST APOSTI)UC CHURCH, UK NOTES TO THE Accouiifs {COPmNUEDI FOR THE YEAR ENDED 31ST DECEIABER 2021 Pmr ygar Fun( Funds DIRECT COST Salaries & Wa9&5 Donations & Grfts twelfal ChoirlKIusiciY(xth Dept Honouranwn Printing I Publi(atylStatKJn8ry VehlBuildt Instsrn Security Repairs & Maintenance Legal Fees PAYE & NI Fund8 1.450 1.OW.C(¢ 1.480 C¥J 1,475.C 1.334 8,420.44 1.09). 1.480.C 1.475.Crf) 1,334 62 8,420.44 656.88 4,150 5,9(K) 6S7 750 2.443 18,387 14A56.94 SUPPORT COST Bank & other financ• tharges Ewricty aNI Gas Telephone & IT EntertainrnenVRèfreshment Water rat8S Aichitects F88S Consultancy Fees Cbaning 8 Sanitatn COVKI Eypanses Generab"ThJ set If8nt &m8int8nanj 14.466.94 84.81 3.410.C#) 823.66 80.C 770.C 84.81 3,410.00 823.66 462 4,050 770.(K) 3,776 5CiI 7,585 782 7,308 25,766 44,153 4..28 4.602.26 4,603 49 14J74.22 28.831.16 4.60349 14.374.22 28.831.16 Total
CHRIST APOSTOLIC CHURCH. UK NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ÈNDED 31ST DECEMBER 2021 Mote 5 D•la115 01 e•rtaln It•m of •xpendltsro Fees for examination of the amnts Please provide details of the amwnt paid for ary stattrtw extemal 5uubny of a¢count5 and other Services provided by your indepetht ex8mThr. If n¢)thing was paid ease enler'o, in the appropriate boxles) GOVERNANCE COST This Year Last Yaar Independent examinerfs fee Legal Filing Fees Other fees (for ex8mple.' financial a(fvice, consullancy. book4(eeping & accountancy services paid to the independent examiner.) 300.00 12500 300 loo 600.00 1.025.00 600 1 000.00 14
CHWST APOSTOUC CHURCH. LIK NOTES TOTHE ACCOUIITS {CONTIIIUEDI FOR THEYtsAR E14DED 31STI)ECEMBER 2021 4ote 6 Tang1• Ilxed ••s•ts Y•ar Al thebwwLrfthgye 1.47Q(IX 175.174 2.645.174 Z615.174 Atènddthoy••r I470AWD 175.174 2,64174th1 2W.174 1.2 De9On 4nd FLX1ulps&FII Equpme S)brVehK Computer StrbJFrt Lv 2$% 2S% Lin 1230.4WOO 175.174. Otsposals DepiqC0n Atevdoltheye 1.4C6.S941i1 L4059¢ 1•0.420tyJ 175.174 t0k be¥nAng rltha Yr. Nal OVaUe *the4nddtrrt heaT 1.239.58D.C 1339W. 1239.58000 1.239. 1230WJO la395) 6A Impoknrtv •.¢ Oth•rthcJ06ts (Il Preesee1he8ffldl¥r(Y costs. 18ry. fi1 wsetsandlhe u$8d = WA glts ¥WA aniy ha& - WA
CHRIST APOSTOLIC CHURCH, UK NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2021 Not• 7 Debtors and pr•payments Please Complete this note rf the chanty has any debtors prepayments. 7.1 Analysis of debtor5 Thi5 Year Last Year Other debtors Total 16
CHRIST APOSTOLIC CHURCH, UK NOTES TO THE ACCOUNTS (CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2021 Mot• 8 Crodltors and accThals Pleasg complete this note rf th• (*anty has any ¢y8drtors or ac&. .1 Anal1$ ot ¢redltorn Awnts IrIng due aftw morp than one year Amounts fraIlg due thin on& Other Creditors Loan Account- CAC . VUH Tatsl 2.1x0. 1,2tx) (KJ 3.200.00 2,$00 17
CHRIST APOSTOLIC CHURCH, UK NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2021 Plot• 9 Conting•nt Ilabllltle¥ and tIn90nt ass•ts 9.1 Contingent liabllitles Where the charty has contingent liabililities. please ccnplete the follLAving S&tIc Unl the possibility of their existence is rtyimce: Des¢rfptlon of item including lis legal nature. Plea8e describe any Securlty provlded in nnectlon to the Ilabillty. Estimate of financlal effect 9.2 Contlngert assets Where the charity has contingerrt assets, please ceffiplete the folltr•ving SectiC whgn their existence is probable.. Descrlptton of rtem Estimate of financial effect 9.3 Other dis¢losur8s for contingent a38ets andlor liabilitios Please provide the folknwng inlomalion where practicable". Explain any uncertaints.es relating to the amount ortiming of setuennt', and the pcSibl of- any reimbuTsem8nl Where it is not practical to make cTr or more of these disdc6ures. 5e slate this ft NONE OF THE ABOVE IS APPUCABLE 18
CHRIST APOSTOLIC CHURCH, UK NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2021 Not•10 Cash at bwbk abMI In hand Th1& Ywr Lastyoat Short temi deEklts Cash at bank and on Totsl 47.65 151.95 199.60 18 19