2023-2024 ANNUAL REPORT
Report of the Senior Pastor
Rev Matthew Newman, Senior Pastor
Welcome to this our Year ending 2023/24 Report. “But the plans of the Lord stands firm forever, the purposes of his heart through all generations.” (Psalm 33:11) “Life with Jesus cannot only be experienced on a Sunday morning and at a mid-week gathering. I would like to take this opportunity to extend my heartfelt thanks to our Leadership team, dedicated volunteers, and faithful congregation. Your unwavering commitment has allowed us to grow stronger as a church. Through your participation in regular and online services, as well as outreach initiatives to both local and international communities, you have connected with one another in extraordinary ways. Your generous financial support has been instrumental in helping us finish the year strong and begin the new year with hope. Thank you for playing a vital role in the greater work that God is doing through NLICC.
The development of our outstanding leadership team, drawn from a diverse crosssection of our congregation, gives us great confidence in the future. We are especially grateful that we have begun addressing the critical issues affecting our broader society. Political, racial, and cultural dynamics have challenged us all, pushing us to reflect deeply on the church’s calling and how we are faithfully responding to the pressing issues of our time in a Christ-centred way.
Our aspiration is to be a church that reflects the mind of Christ in all that we do, particularly in how we relate to one another despite our differences. The spiritual growth of our leadership team and volunteers is crucial to serving both our congregation and our local outreach efforts. Strengthening discipleship training remains a key priority in fostering the growth of NLICC.
As a church, we are deeply committed to ministering the powerful love of Jesus— something that has never been more important. Considering your perseverance, resilience, and Christlike character over the past year, we are confident that, by God’s grace, NLICC will continue to be a healing community for our city. He is risen, and this gives us every reason to hold fast to our hope.
When God calls His people to extraordinary prayer, He is preparing to do extraordinary things. Rather than asking, "How do we return to normal?" we have begun to ask, "How do we emerge transformed?" We are determined to keep the gospel at the centre, grow as a community of cross-cultural love, form everyday missionaries for their callings, and foster a gospel movement within our city. We firmly believe that the best is yet to come, and that God is preparing to do remarkable things through NLICC.
Prayer remains one of our core values. We are a church that prays consistently, champions prayer, and seeks to be a prophetic voice to our nation. We believe prayer is a two-way conversation, and we strive to listen to God through His Word and His Spirit, discerning how best to share the hope and power of the gospel in the UK and abroad. This year, we have deepened our commitment to prayer within NLICC, creating a stronger foundation for what lies ahead.
To our Vision Partners, leaders, and volunteers—thank you! In a time when commitment to local churches is diminishing, I honour your dedication to showing up, serving, praying, giving, and living out the mission of NLICC. Without your faithful contributions, NLICC would not be what it is today. We are truly grateful for you—thank you!.
Please join us in lifting up our church family in prayer. We ask you to pray for the wide range of needs, fears, and challenges faced by individual families, including widows, widowers, singles, and especially our children. Let’s also pray for the upcoming ministry year, asking God to provide abundantly for every family in our church, equipping us to carry out faithful, robust, and creative ministry beyond our expectations.
As Christians, we are called to live in community, not in isolation. The NLICC network is designed to nurture relationships that connect, equip, inspire, and encourage church leaders as they serve both their congregations and their communities. Our goal is to offer meaningful ways for every generation to engage with God and His kingdom, while acknowledging and adapting to cultural changes.
We are committed to empowering and equipping leaders to expand God’s kingdom by teaching spiritual and Kingdom principles that can be applied locally to meet the needs of their communities and church families. In this season, we are re-examining our church practices, especially our Sunday gatherings, through the lens of two key questions: Is it effective? Is it fruitful?
We stand on the promise that the Lord will do amazing things among us. Isn’t that what we all long for? That God will once again shake the earth, work wonders, and save the lost. Although we may feel disheartened by the state of the world, we believe that the world at its worst needs a church at its best. And this transformation can only happen through the power of the Holy Spirit.
We are especially focused on seeing generations of children grow up living inspiring lives rooted in Jesus. However, we recognize the challenges of engaging young people in today’s digital age. Therefore, we are actively seeking to connect the NLICC family with meaningful opportunities to serve the Kingdom throughout the year. We aim to fairly present opportunities from a variety of organizations—local and international, large and small—without overwhelming our church family.
Thank you for praying with us, as we trust God to guide us in all that we do.
I hope you will be confident to share it with friends, partners and neighbours too. Thank you for spending time to read the content.
With every blessing
Rev Matthew Newman,
Objectives and activities
The main objectives of No Limits International Christian Centre are to advance the Christian faith and to provide assistance for persons in conditions of need, hardship or distress.
As an outworking of these objectives, No Limits International Christian Centre seeks to be a community in London that serves the capital and beyond. As a church we want to engage with people's questions, and create an environment where anyone can explore matters of faith. We want to help everyone discover how they can use their unique skills and passions to contribute to the strengthening of society, build community and serve those who are in need. We want to be a church that is empowered by the Holy Spirit to live effective lives and do what Jesus asks us to do. The church’s strategy for accomplishing these things, and fulfilling its charitable objectives, focuses on the activities undertaken through its various ministry areas, taking into account the following guiding principles:
• No Limits International Christian Centre functions on a ‘empowered’ and ‘enlighten’ model. We gather on a Sunday to be empowered and equipped to live out the Christian faith. We then ‘enlighten’ throughout the city during the week to serve our local communities and the people we live amongst.
• No Limits International Christian Centre exists to provide community. The best place to grow and learn is with others, which is why we are a community that stretches across the city.
II. Governance, Trustees and Staff
No Limits International Christian Centre is a Charitable Trust
Charity registration No: 1052722
The Trustees who served during the year were:
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Reverend Matthew Emeka Okofu-Newman
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Pastor Aderonke Joy Okofu-Newman
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Reverend Olabode Awogbade
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Reverend Sam Appiah-Danquah
The power of appointment or removal of trustee’s rests with the trustees. New trustees are selected from the church community. They are well known to the existing Board of Trustees and have demonstrated a high level of dedication and commitment towards the aims of the church. After their appointment, new trustees receive an induction pack, and spend time with the existing trustees to ensure they fully understand their responsibilities and the legal and financial framework in which the church operates. They are provided with additional training as required. The trustees, who meet at least four times a year, retain responsibility for the overall strategic decisions of the charitable company, as well as the setting and monitoring of budgets.
The Senior Leadership Team and those staff and volunteers overseeing different areas of the church, make day-to-day decisions on expenditure and activities. No Limits International Christian Centre is led by a Senior Leadership Team, which provides the spiritual leadership of the church. This includes responsibility in the church for maintaining the historic, orthodox understanding of the Christian faith and providing the pastoral care of the church. The team takes the lead responsibility for the day-to-day management of the various activities of the church under the oversight of the trustees. The team comprises:
Matthew Newman -As well as leading the Senior Leadership Team, Matthew’s role is to oversee Sunday teaching and worship, communications, welcome and Ministry to men, as well as developing the overall vision and strategy of the church.
Joy Newman -oversees the church’s finance, operations, and human resources, and also leads the church’s work in respect of families, marriage and global mission as well as contributing in preaching and communications.
Josephine Wilton Waddell - is responsible for overseeing the church’s Connect Groups, Pastoral Support and Social Action.
Internal Controls and Risk Management
The trustees have overall responsibility for No Limits International Christian Centre system of internal controls. Such a system can provide only reasonable and not absolute assurance against errors or frauds. No Limits International Christian Centre operates a planning and budgeting system with an annual budget approved by the trustees. Significant changes are subject to specific approval. A finance reporting system compares results with the budget on a monthly basis for income and quarterly for expenditure.
The trustees are satisfied that systems are in place to monitor, manage and mitigate No Limits International Christian Centre exposure to major risks. They consider that maintaining No Limits International Christian Centre reserves at the policy levels and reviewing internal controls and risks will provide No Limits International Christian Centre with adequate risk assurance and sufficient resources in the event of adverse conditions.
They also recognise that the nature of some of No Limits International Christian Centre work requires active acceptance and management of some risks when undertaking activities to achieve the objectives of the charitable Trust. All areas of church life have been subject to a risk review using our risk management software system, and the trustees have reviewed the most significant risks. Monitoring of these risks will take place regularly throughout the next year. All major insurable risks are subject to normal churches’ and employers’ insurance. Contractual risks are reviewed before being entered into, to assess that they could not significantly impact the church’s ability to fulfil its objectives.
Employees and Volunteers
The work of No Limits International Christian Centre relies on the commitment and hard work of its staff, as well as many volunteers. Communication links are maintained through team briefings, email, newsletters, the website and other channels. No Limits International Christian Centre is committed to equality in recruiting, training and career development.
III. Review of the Year’s Activities
Sunday Services
Our Sunday services provide a context in which people can grow spiritually. We aim to present a rounded teaching programme that covers the key areas of the church vision. We often present practical series helping people simplify various areas of their lives, including their diaries, finances, and relationships. This is in addition to our regular Dedication and Baptism services, Family Enrichment, Thanksgiving Sundays and Carol Services.
Our primary pursuit is a deeper knowledge of God and a closer relationship with Him. Through our relationship with God, we recognise that no one was created to be insignificant and that everyone must be encouraged to discover their purpose, maximise their innate potential and seek ways in which to positively affect the lives of those around them - particularly the less fortunate. Our passion for the growth and development of the individual is reflected in the vision of the Church and we are committed to making a positive impact in our local and international communities
We are now airing our services through the zoom online channels.
Worship
The worship team has grown with a team of volunteers providing worship leaders and musicians for Sunday services and midweek events. Over the past year this has included training and evening prayer meetings.
Training
Team training has also been a priority, to equip the volunteers and develop creativity. We hold regular Cap money courses for both the youths and adults over the year. They were well attended, and several individuals are now regularly attending our Sunday services. The employability and entrepreneurial passion driven training for youths to upskill themselves has always been a huge success. Many have now gone to further their education and have actively sought employment with increase to their confidence levels.
Women of Wisdom
Our WOW women workshops that have been instrumental to the enhancing and enabling women to realise their dreams. It has had a great impact on the church family who had the opportunity to invite friends and family as well as reaching out to the broader community. Women were encouraged to develop their entrepreneurial and careers skills and be more confident in their innate skills and gifts. We also hold courses for women looking at emotional health. These courses were attended by a considerable number of people and largely facilitated by volunteers from the team
Men of Integrity
The men have been meetings regularly inviting guest ministers to share at their breakfast meetings. They also encourage younger men to come for the meetings so they can have a greater understanding of how to face challenges in life and also how they can bring up godly families
The Information Point
The church website and other social media platform is where we continue to share information. We also share announcements on Sunday’s and Wednesday’s and continue to actively engage people weekly to help them access church activities and find out about the different groups and teams across the church.
Get Connected and Explore
It is an opportunity to stop by after a service, meet Pastors Matthew and Joy, mingle with other NLICC people and get basic info about taking next steps at NLICC.
Connect Groups
They are project groups open to everyone and groups undertake activities in their communities as they fulfil their mission.
Prayer Team
The Prayer Team has remained steady. We are now praying through the medium of zoom five times a week with over 20 people tuning in to pray for the family and the nation as we go through this challenging time.
Social Action
We are reaching out to the young people on a regular basis through the medium of Zoom and having them establish their faith and confidence in God in these tough times.
Communications and Media
Our website, is now fully responsive for different devices, and better reflects our current priorities and activities as a church. The website remains our main centre of communication. In addition, we print the bi-monthly Broadcast Headlines bulletin as well as sending out monthly emails and distributing content through our media hub, Broadcast.
We have continued to connect with people through our social media channels, with content being disseminated through Facebook daily, and Twitter at least twice daily.
Operations
Our teams continue to function effectively. We continued to invest in our volunteers through training and development opportunities. Our risk management system is on-going, and we undertake an annual review of policies and risks to ensure compliance.
IV. Financial Review
Incoming Resources Total incoming resources for the year were £36,102.00 received for the year to 31 March 2023 most of this income was received from the church community as general giving. Other income includes funds which were received during the period from: ticket sales to fund events, receipts for contributions towards training and outreach weekends, preaching gifts and gifts for social action projects.
V. Future Objectives
Looking ahead, No Limits International Christian Centre have agreed that our priorities for the coming year are:
To reach more young people and work in partnership with our community to offer a Youth and Young adult Outreach Program to young people ages 10–24. The program strives to inspire youth and young adults by establishing a true commitment to character, positive attitude, and a sense of purpose through 5 primary ideals: Education, Personal Well-being, Recreation, Creativity, and Meaningful Relationships.
The goals of the Youth Outreach Program are to encourage young people to develop friendships, to build self–worth, and to develop a sense of fair play, team spirit, and cooperation in a safe, supervised environment.
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To continue to invest in our Children’s Ministry, Family Ministry, Youth Ministry and Connect Outreach Ministry. We are determined to reach out to our local community and find the best ways we could be of service to them.
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To broaden our scope of reach to the young people and bring a message of hope to them that will enable them focus on their purpose, passion and talent.
Sunday Services
We will also continue to provide biblical, theological and practical training to equip people in every area of life. Worship Each Sunday, we seek to worship God in a way that reflects our values and is accessible for everyone. Over the next year, we will seek to build our team of worship leaders and musicians and increase in size. We also seek to invest deeply in team members and learn how to worship God effectively not only with our instruments but in every area of life.
The Information Point
The Welcome team will focus on helping everyone who visits on a Sunday to connect into church life. Welcome lunches will continue in their current format through the autumn term and we will focus on building bigger teams to serve the new services in the New Year.
Get Connected and Explore
We are committed to continuing our work in the community and will support Connect Groups as they seek to make a positive difference in their respective areas. The additional services will also contribute to the starting of new Connect Groups over the next year. On-going pastoral care will continue through Connect Groups. Our main focus for the coming year is to help our Student Connect Groups integrate into our services.
The Pastoral Support team will continue to provide support for each of the services and run courses.
The Marriage Bonding Seminars will be presented twice a year, alongside ongoing support for married couples.
Family Enrichment
Through various teachings that we have explored in our Family Enrichment Services has led families to bond closer together. It led us to grow in unexpected ways. Healthy relationships needed more than effort, we also needed real skills... how to talk and how to listen, how to resolve conflict and how to keep the peace, how to understand the other and how to understand ourselves. God built within us a healthy passion for maintaining our marriage relationships and blessed us in so many ways over the years. Through it all, we have encouraged members to pursue God’s grand purpose for their marriage. The beauty of learning to know and love your spouse is it teaches us about pursuing God. Commit to me, walk with me, share everything with me, get to know me as much as I want to know you. In the same way your spouse asks these things of you, so does God.
Christians Against Poverty
Christians Against Poverty (CAP) exists to equip churches to tackle poverty and show God’s love to others, through free debt help and local community groups. Local churches across the UK are providing emotional and practical support to those struggling with poverty in their community, through their CAP services. Every working day, nine people become debt free and two respond to the gospel*. Our services are always delivered through the Church, giving people an opportunity to encounter the love of God and find belonging in a supportive church community.
Communications and Media
We will work to keep a balance between communicating church-wide content and service specific news. The website will remain the central hub for information about all services, with some of the other communications channels being tweaked according to the needs of the different services. We will also redevelop the Broadcast section of the website, in line with our new design, which will allow us to re-order the information and make the most important media more clearly accessible to the user.
Operations
Our investment in our volunteer personnel will continue via training and staff development, with opportunity for growth of staff. We will ensure that our staff are in the best positions for them and aim to make the best use of the resources we have available. T he Senior Leadership Team believes
that the resources and capacity should be generated to enable the Church to pursue its vision and objectives.
We have already noted the rising number of places where churches are working together to serve their communities through Street Pastors, Food Banks, Counselling and many other socially useful initiatives. Undoubtedly these programmes are meeting real needs, especially where statutory provision is inadequate or even lacking altogether. But they are more than just that. They take the Gospel imperatively seriously, following the example of Jesus in addressing first the ‘felt needs’ of each individual or community but not stopping there. The witness they give is incalculable and
stories are emerging of people touched by these programmes who begin to understand the Gospel message for the first time. There is much to be explored here and we hope that the missional dimension of poverty-related programmes will be more actionable in 2021.
VI. Policies and Procedures
The following policies and procedures remained in place during the year:
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Safeguarding policy and procedures associated with children’s and youth activities.
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Equipment set up and set down health and safety procedures associated with all the church’s events, including Sunday services, training events and other events.
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First aid, fire and evacuation procedures during Sunday services and training events
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Income protection and recording.
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Data back-up for Information Technology systems.
Reserves Policy
The trustees have set a policy of retaining reserves sufficient for the foreseeable needs of the Church. Where there is specific capital expenditure, foreseen amounts are set aside into designated funds so the general reserves are available to meet the costs of normal running and expansion of the Church and to ensure the Church can meet the commitments that have been entered into. The level of general reserves is anticipated to be approximately three months of the level of general expenditure.
As we look forward to a new year of ministry and mission, we have started off with some of the greatest challenges we have ever faced post COVID-19 and the parallel economic and mental health crises have prompted us to reassess our budget and spending. Through it all, we will take one step at a time, together, as faithful and fearless followers of Jesus Christ. When He is for us, who shall we fear? When He is on our side, who can stand against us? Please join us in praying for our church family. Pray for the diverse spectrum of needs, uncertainties , and challenges present in individual families, for widows and widowers, singles, young people and especially our children.
Charity no 1052722
NO LIMITS INTERNATIONAL CHRISTIAN CENTRE
Annual Accounts Report and Accounts for the Year End 31st March 2024
.
| NO LIMITS INTERNATIONAL CHRISTIAN CENTRE | NO LIMITS INTERNATIONAL CHRISTIAN CENTRE | NO LIMITS INTERNATIONAL CHRISTIAN CENTRE | NO LIMITS INTERNATIONAL CHRISTIAN CENTRE | NO LIMITS INTERNATIONAL CHRISTIAN CENTRE | 1052722 | |
|---|---|---|---|---|---|---|
| Annualaccountsforthe period | ||||||
| Period start date | 1st Apr 2023 | To | Period end date | 31st Mar 2024 | ||
| Section A | Statement of financial activities | |||||
| Recommended categories by activity Details of own analysis Note Incoming resources (Note 3) Incoming resources from generated funds Voluntary income S01 Activities for generating funds S02 Gift Aid S03 Building Fund S04 Other incoming resources S05 S06 Resources expended (Notes 4-8) Costs of Generating Funds Costs of generating voluntary income S07 Fundraising trading costs S08 Investment management costs S09 Charitable activities S10 Governance costs 300 Other resources expended S12 S13 S14 S15 S16 S17 S18 S19 S20 S21 Total resources expended Total incoming resources Total funds carried forward Total funds brought forward Net movement in funds Net incoming/(outgoing) resources before transfers Gains and losses on investment assets Prior year adjustment Other recognised gains/(losses) Net incoming/(outgoing) resources before other recognised gains/(losses) Gross transfers between funds |
Unrestricted funds Restricted income funds Endowment funds Total this year £ £ £ £ F01 F02 F03 F04 |
Total last year £ F05 |
||||
| - | - | - | - | |||
| 36,102 | - | - | 36,102 | 33,206 | ||
| - | - | - | - | - | ||
| - | - | - | - | 19,591 | ||
| - | - | - | - | |||
| - | - | - | - | - | ||
| 36,102 | - | - | 36,102 | 52,797 | ||
| - | - | - | - | - | ||
| 40,187 | - | - | 40,187 | 36,407 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 5,334 | - | - | 5,334 | 4,389 | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 45,521 | - | - | 45,521 | 40,796 | ||
| 9,419 - |
- | - | 9,419 - |
12,001 | ||
| - | - | - | - | - | ||
| 9,419 - |
- | - | 9,419 - |
12,001 | ||
| - | - | - | - | |||
| - | - | - | - | - | ||
| 9,419 - |
- | - | 9,419 - |
12,001 | ||
| 61,716 | - | - | 61,716 | 49,715 | ||
| 52,297 | - | - | 52,297 | 61,716 |
Page 2
No Limits International Christian Centre - Annual Account 1st Apr 2023 - 31st Mar 2024
Section B Balance sheet
| Fixed assets Tangible assets (Note 9) Investments (Note 10) Total fixed assets Current assets Stock and work in progress Debtors (Note 11) (Short term) investments Cash at bank and in hand Total current assets Creditors: amounts falling due within one year (Note 12) Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year (Note 13) Provisions for liabilities and charges Net assets Funds of the Charity Unrestricted funds Restricted income funds (Note 14) Endowment funds(Note 15) Total funds Signed by |
Note B01 B02 B03 B04 B05 B06 B07 B08 B09 B10 B11 B12 B13 B14 B15 B16 B17 B18 B19 B20 |
Unrestricted funds £ F01 |
Restricted income funds £ F02 |
Endowment funds £ F03 |
Total this year Total last year £ £ F04 F04 |
Total this year Total last year £ £ F04 F04 |
|---|---|---|---|---|---|---|
| 5,250 | - | - | 5,250 | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 5,250 | - | - | 5,250 | - | ||
| - | - | - | - | - | ||
| 3,000 | - | - | 3,000 | 3,000 | ||
| - | - | - | - | |||
| 44,648 | - | - | 44,648 | 59,317 | ||
| 47,648 | - | - | 47,648 | 62,317 | ||
| 600 | - | - | 600 | 600 | ||
| 47,048 | - | - | 47,048 | 61,717 | ||
| 52,298 | - | - | 52,298 | 61,717 | ||
| - | - | - | - | |||
| - | - | - | - | - | ||
| 52,298 | - | - | 52,298 | 61,717 | ||
| 52,298 | 52,298 | 61,717 | ||||
| - | - | |||||
| - | - | - | ||||
| - | - | - | ||||
| 52,298 | - | - | 52,298 | 61,717 | ||
| Print Name | Date of approval |
|||||
| Reverend Matthew Emeka Okofu-Newman | 21-Oct-24 | |||||
Page 3
No Limits International Christian Centre - Annual Account 1st Apr 2023 - 31st Mar 2024 Section C Notes to the accounts
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005);
• and with* Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE);
- and with the Charities Act 1993.
[** except for the following].
Give details in this box if a different standard has been followed.
-
-Tick as appropriate:
-
if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
-
if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial
-
Reporting Standards for Smaller Enterprises (FRSSE)”.
** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following).
- § if no changes have been made to accounting policies then delete these words.
1.3 Changes to previous accounts
No changes have been made to accounts for previous years
Page 4
No Limits International Christian Centre - Annual Account 1st Apr 2023 - 31st Mar 2024 Section C Notes to the accounts (cont)
Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.
INCOMING RESOURCES
| Recognition of incoming | These are included in the Statement of Financial Activities (SoFA) when: |
|---|---|
| resources | the charity becomes entitled to the resources; |
| the trustees are virtually certain they will receive the resources; and | |
| the monetary value can be measured with sufficient reliability. | |
| Incoming resources with | Where incoming resources have related expenditure (as with fundraising or contract income) |
| related expenditure | the incoming resources and related expenditure are reported gross in the SoFA. |
| Grants and donations | Grants and donations are only included in the SoFA when the charity has unconditional |
| entitlement to the resources. | |
| Tax reclaims on donations | Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to |
| and gifts | which they relate. |
| Contractual income and | This is only included in the SoFA once the related goods or services have been delivered. |
| performance related grants | |
| Gifts in kind | Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. |
| Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or | |
| distributed by the charity. | |
| Gifts in kind for use by the charity are included in the SoFA as incoming resources when | |
| receivable. | |
| Donated services and | These are only included in incoming resources (with an equivalent amount in resources |
| facilities | expended) where the benefit to the charity is reasonably quantifiable, measurable and |
| material_._The value placed on these resources is the estimated value to the charity of the | |
| service or facility received. | |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
| Investment income | This is included in the accounts when receivable. |
| Investment gains and losses | This includes any gain or loss on the sale of investments and any gain or loss resulting from |
| revaluing investments to market value at the end of the year. | |
| EXPENDITURE AND | LIABILITIES |
| Liability recognition | Liabilities are recognised as soon as there is a legal or constructive obligation committing the |
| charity to pay out resources. | |
| Governance costs | Include costs of the preparation and examination of statutory accounts, the costs of trustee |
| meetings and cost of any legal advice to trustees on governance or constitutional matters. | |
| Grants with performance | Where the charity gives a grant with conditions for its payment being a specific level of service |
| conditions | or output to be provided, such grants are only recognised in the SoFA once the recipient of the |
| grant has provided the specified service or output. | |
| Grants payable without | These are only recognised in the accounts when a commitment has been made and there are |
| performance conditions | no conditions to be met relating to the grant which remain in the control of the charity. |
| Support Costs | Support costs include central functions and have been allocated to activity cost categories on a |
| basis consistent with the use of resources, eg allocating property costs by floor areas, or per | |
| capita, staff costs by the time spent and other costs by their usage. | |
| ASSETS | |
| Tangible fixed assets for use | These are capitalised if they can be used for more than one year, and cost at least £500. They |
| by charity | are valued at cost or a reasonable value on receipt. |
| Investments | Investments quoted on a recognised stock exchange are valued at market value at the year |
| end. Other investment assets are included at trustees' best estimate of market value. | |
| Stocks and work in progress | These are valued at the lower of cost or market value. |
Page 5
No Limits International Christian Centre - Annual Account 1st Apr 2023 - 31st Mar 2024
Section C Notes to the accounts (cont)
Note 3 Analysis of incoming resources
Incoming resources may be further analysed if this would help the reader of the accounts.
| Activities for generating funds Investment income Incoming resources from charitable activities Voluntary income |
Analysis | This year Last year £ £ |
This year Last year £ £ |
|---|---|---|---|
| VoluntaryIncome(includes MinistryResources) | 36,102 | 33,206 | |
| Gift aid Received | - | 19,591 | |
| Total | 36,102 | 52,797 | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | |||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - |
Page 6
No Limits International Christian Centre - Annual Account 1st Apr 2023 - 31st Mar 2024
Section C Notes to the accounts
Note 4 Analysis of resources expended
Resources expended may be further analysed if this would help the reader of the accounts.
| Governance costs Costs of generating voluntary income Charitable activities Fundraising trading costs Investment management costs |
Analysis | This year Last year £ £ |
This year Last year £ £ |
|---|---|---|---|
| Choir & Technical | 2,082 | 269 | |
| Evangelism | 84 | - | |
| Pastors Allowance | 7,000 | 5,500 | |
| Repairs & Maintenance | 580 | 290 | |
| Subscription | 747 | - | |
| Hospitality | 4,831 | 3,070 | |
| Vehicle costs | 2,925 | 2,973 | |
| Travel & subsistence costs | 459 | 1,476 | |
| Professional fees | 840 | 665 | |
| Depreciation | 1,750 | - | |
| Rent & Rates | 8,501 | 7,625 | |
| Insurance | 1,399 | 1,262 | |
| Telephone/fax/email | 868 | 1,296 | |
| Utility | - | 365 | |
| Office exp | 785 | 619 | |
| Media & PublicityCosts | 4,608 | 3,769 | |
| Conference | 201 | 1,851 | |
| Equipmentpurchases | 74 | 1,244 | |
| Bookshop | 319 | 1,359 | |
| Storage | 1,125 | 1,959 | |
| Independent examination | 600 | 600 | |
| Training | 408 | 217 | |
| Total | 40,187 | 36,407 | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| Donation &gift | 1,921 | 1,624 | |
| Mission | 2,100 | 1,650 | |
| Outreach & Evangelism | 976 | 300 | |
| Welfare | 337 | 815 | |
| Total | 5,334 | 4,389 | |
| Governance Costs | |||
| - | - | ||
| - | - | ||
| Total | - | - |
Page 7
No Limits International Christian Centre - Annual Account 1st Apr 2023 - 31st Mar 2024 Section C Notes to the accounts (cont)
Note 5 Support Costs
Please complete this note if the charity has analysed its expenses using activity categories and has support costs.
| support costs. | ||||
|---|---|---|---|---|
| Support cost type | Fundraising activity £ |
Charitable Activity £ |
Governance Activity £ |
Total Cost £ |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| Total | - | - | - | - |
Note 6 Details of certain items of expenditure
6.1 Trustee expenses
Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).
Number of trustees who were paid expenses Nature of the expenses
Total amount paid
| This year | Last year |
|---|---|
| £ | £ |
6.2 Fees for examination or audit of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).
| Other fees (for example: advice, consultancy, accountancy services) paid to the independent examiner or auditor Independent examiner’s or auditors' fees for reporting on the accounts |
This year £ |
Last year £ |
|---|---|---|
| 600 | 600 | |
Page 8
No Limits International Christian Centre - Annual Account 1st Apr 2023 - 31st Mar 2024 Section C Notes to the accounts (cont)
Note 9 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
9.1 Cost or valuation
| Balance brought forward Additions Revaluations Disposals Transfers * Balance carried forward |
Freehold land & buildings £ |
Other land & buildings £ |
Motor vehicles £ |
Fixtures, fittings and equipment £ |
Payments on account and assets under construction £ |
Total £ |
|---|---|---|---|---|---|---|
| - | - | - | - | - | - | |
| - | - | 7,000 | - | 7,000 | ||
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | 7,000 | - | - | 7,000 |
9.2 Accumulated depreciation and impairment provisions
| *Basis* Rate Balance brought forward Depreciation charge for year Impairment provisions Revaluations Disposals Transfers Balance carried forward Brought forward Carried forward 9.3 Net book value* |
SL or RB | SL or RB | SL or RB | SL or RB | SL or RB | SL or RB |
|---|---|---|---|---|---|---|
| - | - | - | - | - | - | |
| - | - | 1,750 | - | - | 1,750 | |
| - | - | - | - | - | - | |
| - | - | - | - | - | ||
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | 1,750 | - | - | 1,750 | |
| - | - | - | - | - | - | |
| - | - | 5,250 | - | - | 5,250 |
9.4 Revaluation
If any fixed assets have been revalued please give details of the valuer and method of valuation
* The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.
No Limits International Christian Centre - Annual Account 1st Apr 2023 - 31st Mar 2024
Section C Notes to the accounts (cont)
Note 11 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
| Analysis of debtors Trade debtors Amounts due from subsidiary and associated undertakings Other debtors - deposit to Landlord Prepayments and accrued income Total |
Amounts falling due within oneyear |
Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
Amounts falling due after more than oneyear |
|---|---|---|---|---|
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| - | - | - | ||
| - | - | - | - | |
| 3,000 | 3,000 | - | - | |
| - | - | - | - | |
| 3,000 | 3,000 | - | - |
Note 12 Creditors and accruals
Please complete this note if the charity has any creditors or accruals. 12.1 Analysis of creditors
| Loans and overdrafts Trade creditors Amounts due to subsidiary and associated undertakings Other creditors Accruals and deferred income Total |
Amounts falling due within oneyear |
Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
Amounts falling due after more than oneyear |
|---|---|---|---|---|
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| - | - | - | ||
| 600 | 600 | - | - | |
| - | . |
- | - | |
| - | - | - | ||
| - | - | - | ||
| 600 | 600 | - | - |
12.2 Security over assets
If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.
Page 9
| Independent examiner's report on the accounts Section A Independent Examiner’s Report ~~——EEEE~~ |
Independent examiner's report on the accounts Section A Independent Examiner’s Report ~~——EEEE~~ |
Independent examiner's report on the accounts Section A Independent Examiner’s Report ~~——EEEE~~ |
Independent examiner's report on the accounts Section A Independent Examiner’s Report ~~——EEEE~~ |
Independent examiner's report on the accounts Section A Independent Examiner’s Report ~~——EEEE~~ |
|---|---|---|---|---|
| Report to the trustees/ members of |
Report to the trustees/ members of Charity Name NO LIMITS INTERNATIONAL CHRISTIAN CENTRE ~~a~~ |
|||
| On accounts for the year ended Set out on pages |
On accounts for the year ended 31st Mar 2024 Charity no (if any) 1052722 Set out on pages (remember to include the page numbers of additional sheets) ~~ee~~ ~~ee eee~~ ~~PO~~ |
|||
| Respective | Respective The charity's trustees are responsible for the preparation of the accounts. |
|||
| responsibilities of | responsibilities of The charity’s trustees consider that an audit is not required for this year |
|||
| trustees and examiner | trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an |
|||
| independent examination is needed. | ||||
| 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 independent | Basis of independent My examination was carried out in accordance with general Directions given |
|||
| examiner’s statement | examiner’s statement 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 | 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 | 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 | Independent In connection with my examination, no matter has come to my attention |
|||
| examiner's statement | examiner's statement (other than that disclosed below *) |
|||
| 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 |
||||
| comply with the accounting requirements of the Charities Act | ||||
| 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. | ||||
| *Please delete the words in the brackets if they do not apply. | ||||
| Signed: Name: Relevant professional qualification(s) or body |
Signed:Ogedengbe Date:28thOct 2024 Name:Tunji Ogedengbe Relevant professional qualification(s) or body FCCA ~~ee~~ ~~eee~~ ~~CCPO~~ |
IER
1
(if any): IER