Registered number 1065035 Christ Victory Church International Report and Accounts 31 March 2025 ## **Christ Victory Church International Report and accounts Contents** ||**Page**| |---|---| |Company information|1| |Directors' report|2| |Statement of Financial Affairs|3| |Balance sheet|4| |Notes to the accounts|5| ## **Christ Victory Church International Charity information** ## **Trustees** Rev. Osman Gyasi-Mensah Rev. Fred Kwabena Appiah Mr Kwadwo Osei-Asibey Ms Stephanie Maty ## **Secretary** Mr Kwaddwo Osei-Asibey ## **Accountants** EDWARD CONSULTING LIMITED Fifth Floor Room 12, City Gate House 246 - 250 Romford Road LONDON E7 9HZ ## **Registered office** 22 Foxley Lane Purley CR8 3ED ## **Registered number** 1065035 Page 1 **Christ Victory Church International Registered number: 1065035 Trustees' Report** The trustees present their report and accounts for the year ended 31 March 2025. ## **Principal activities** The company's principal activity during the year continued to be the running of a church. The preaching of the Gospel and advancement of Christian religion, and the alleviation of poverty and helping the weak and vunerable in society. ## **Trustees** The following persons served as trustees during the year: Rev. Osman Gyasi-Mensah Rev. Fred Kwabena Appiah Mr Kwadwo Osei-Asibey Ms Stephanie Maty ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 4 December 2025 and signed on its behalf. Kwadwo Osei - Asibey Trustee Page 2 ## **Christ Victory Church International Statement of Financial Affairs for the year ended 31 March 2025** |**Turnover**
Direct Charitable Expenditure
**Gross profit**
Administrative expenses
**Operating profit**
Interest payable
**Surplus/(deficit) for the financial year**
Funds brought forward
**Total Funds**|**2025**
**2024**
**£**
**£**
50,259
49,347
(22,196)
(14,444)
28,063
34,903
(24,943)
(15,431)
3,120
19,472
(1,234)
-
1,886
19,472
116,123
65,768
118,009
85,240| |---|---| Page 3 ## **Christ Victory Church International Registered number:** 1065035 **Balance Sheet as at 31 March 2025** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Net current assets**
**Net assets**
**Funds**
Funds
**Shareholders' funds**|**2025**
**2024**
**£**
**£**
36,504
10,111
-
25,000
113,689
84,371
113,689
109,371
(32,184)
(3,359)
81,505
106,012
118,009
116,123
118,009
116,123
**118,009**
**116,123**| |---|---| ||| The trustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act. The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Kwadwo Osei - Asibey Trustee Approved by the board on 4 December 2025 Page 4 **Christ Victory Church International Notes to the Accounts for the year ended 31 March 2025** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Turnover**_ Turnover represents donations and gifts made by individuals to the church. ## _**Tangible fixed assets**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |Freehold buildings|over 50 years| |---|---| |Leasehold land and buildings|over the lease term| |Plant and machinery|over 5 years| |Fixtures, fittings, tools and equipment|over 5 years| |**2**
**Employees**
Average number of persons employed by the company|**2025**
**2024**
**Number**
**Number**
0
0| |---|---| **3 Tangible fixed assets** |**Cost**
At 1 April 2024
Additions
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
At 31 March 2025|**Plant and**
**machinery**
**etc**
**£**
5,638
-
5,638
5,027
153
5,180|**Motor**
**vehicles**
**Total**
**£**
**£**
9,500
15,138
35,557
35,557
45,057
50,695
-
5,027
9,011
9,164
9,011
14,191| |---|---|---| Page 5- 6 ## **Christ Victory Church International Notes to the Accounts for the year ended 31 March 2025** |**Net book value**
At 31 March 2025
458
At 31 March 2024
611
**4**
**Debtors**
Other debtors
**5**
**Creditors: amounts falling due within one year**
Obligations under finance lease and hire purchase contracts
Trade creditors
Other creditors|36,046
36,504
9,500
10,111
**2025**
**2024**
**£**
**£**
-
25,000
**2025**
**2024**
**£**
**£**
30,170
-
1,000
400
1,014
2,959
32,184
3,359| |---|---| ## **6 Other information** Christ Victory Church International is a private company limited by shares and incorporated in England. Its registered office is: 22 Foxley Lane Purley CR8 3ED Page 5- 6 ## **Christ Victory Church International Detailed profit and loss account for the year ended 31 March 2025** _This schedule does not form part of the statutory accounts_ |**Sales**
Sales
**Cost of sales**
Ministry Expenses
Rent & Rates and related expenses
Church Welfare
**Administrative expenses**
Employee costs:
Wages and salaries
Motor expenses
General administrative expenses:
Telephone and internet
Subscriptions
Donation
Depreciation
Legal and professional costs:
Accountancy fees|**2025**
**2024**
**£**
**£**
50,259
49,347
6,400
3,200
10,084
6,800
5,712
4,444
22,196
14,444
8,640
8,800
613
-
9,253
8,800
646
621
180
180
5,100
4,800
9,164
430
15,090
6,031
600
600
600
600
24,943
15,431| |---|---|