## Upper Room Four Square Chapel (Newham Foursquare Church) Charity No 1072013
Report & Financial Statements 31st December 2025
Coker Isah & Co. Chartered Certified Accountants
## Upper Room Four Square Chapel
## (Newham Foursquare Church)
|Charity No 1072013||
|---|---|
|INDEX||
||Page|
|Charity details|1|
|Trustees' Reports|.2- 3|
|Independent Examiners Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to Financial Activities|7…8|
|Detailed Statement of Financial Activities|Appendix|
Page 1 Upper Room Four Square Chapel (Newham Foursquare Church) Charity Details
Charity No 1072013
## MANAGEMENT COMMITTEES
Trustees Rev (Mrs) V O Adekanbi Elewechi Ngozi Okike Ojeh Bameyi Umoru Michael Adenuga Yetunde Abiodun Alatise Secretary Ojeh Bameyi Umoru Charity Number 1072013 Registered Office 525-529 Barking Road London E13 9EZ
- Accountants Coker Isah & Co. Chartered Certified Accountants 74 Church Road Crystal Palace London SE19 2EZ
Place of Worship 525-529 Barking Road London E13 9EZ Bankers Barclays Bank Plc Stratford London E15
## Page 2 Upper Room Four Square Chapel (Newham Foursquare Church)
TRUSTEES' REPORT for the year ended 31 Dec. 2025
The trustees present their report together with the financial statements of the charity for the year ended 31 Dec 2025 The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity's trust deed and applicable law.
## _**Trustees**_
The trustees named on page 1 have served throughout the year. Appointment of trustees is governed by the Trust Deed of the charity. The Board of trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
## _**Investments powers**_
The Trust Deed authorises the trustees to make and hold investments using the general funds of the charity, but no such investments are presently held.
## _**Constitution, objects and policies**_
The principal activity of the organization was that of providing advancement of Christian faith
The policy of the charitable Trust continues to be to seek additional donations to continue to run the organisation
The trustees take the day responsibility for running the charity.
## _**Development, activities and achievements**_
The trustees consider that the performance of the charity this year has been most satisfactory and the average number of members has increased once again this year.
## _**Financial review**_
Funds available are sufficient to permit the Trust to continue in operation in the medium term, given the continued support of the members. Should this support not continue in the longer term, further financial support would need to be sought to replace it.
## _**Risk Management**_
The trustees actively review the major risk which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.
Page 3
Upper Room Four Square Chapel (Newham Foursquare Church) Charity No 1072013
## TRUSTEES' REPORT for the year ended 31 Dec. 2025
## **Future Developments**
The charity's activities has increased during the year under review . The trustees are seeking to extend the charity's activities and are pursuing a number of activities to enable this to happen
## **Reserve policy**
It is the policy of the charity to maintain unrestricted funds at a level which provides sufficient funds to cover management and administration and support costs. Unrestricted funds are maintained at least at this level throughout the year.
## **Statement of trustees' responsibilities**
Law applicable to charities in England Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
a) Select suitable accounting policies and apply them consistently;
b) make judgments and estimates that are reasonable and prudent;
c) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
d) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the charities Act 2011 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 irregularities.
## Approval
This project was approved by the trustees on 19/05 /2025 and signed on their behalf
Rev (Mrs) V O Adekanbi Trustee
Page 4
## Upper Room Four Square Chapel
(Newham Foursquare Church)
## Independent Examiner's Report on the Accounts
## Report the trustees and members of Upper Room Four Square Chapel
## Charity No 1072013
The accounts for the year ended 31 December 2025 Set out in pages 4-6
## Respective responsibilities of the trustees and examiner
The trustees are responsible for the preparation of the accounts, you consider that an audit
is not required under section 144 of the charities 2011 (the act) and does not apply, and that
independent examination is needed
## It is my responsibility to
- examine the accounts under section 145 of the Charities Act
- to follow the procedure laid down in the General Directions given by the Charity Commissioners under section 145 (5) (b) of the Act and
- to state whether particular matters have come to my attention
## Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners .
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 items or disclosures in the
accounts and , seeking explanation from you as trustees concerning any such matters. The procedures undertaken do
not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
## Independent examiner's statement
In connection with my examination ,no matter has come to my attention
- (1) which give me reasonable cause to believe that in any material in respect the requirements
- to keep accounting records in accordance with section 130 of the Charities Act and
- to prepare accounts accordance with the accounting records and to comply with the accounting requirement of the Act
## have not been met.
(2) to which, in my opinion ,attention should be drawn in order to enable a proper understanding of the accounts to be reached.
James Coker Dated 19 /05/ 2025
MBA FCCA
Relevant qualifications Coker Isah & Co.
Chartered Certified Accountants
74 Church Road London SE19 2EZ
## Page 5
## Upper Room Four Square Chapel (Newham Foursquare Church)
## Statement of Financial Activities
For the year ended 31 December 2025
## Incoming & Expenditure
|Income:
Voluntary Sources- Donation
Others
Gift aids
TOTAL INCOME
Direct Charitable Expenditure:
Direct Charitable Expenditure:
Other cost
TOTAL EXPENDITURE
Net Income\ ( Expenditure)
Fund Balance B/F
**Fund Balance C\F**|Unrestricted
Fund
2025
**£**
114701
1050
19607
135358
121779
26027
147806
-12448
409,250
**396802**|Unrestricted
Fund
2024
**£**
79632
26553
106185
100173
10121
110294
-4109
413,359
**409250**|Unrestricted
Fund
2023
**£**
123590
0|
|---|---|---|---|
||||123590|
||||97075
12226|
||||109301|
||||14289
399070|
||||**413359**|
The notes on page 6 form part of these accounts
## page 6 Upper Room Four Square Chapel (Newham Foursquare Church)
|Charity No 1072013
Balance Sheet
31st December 2025
**FIXED ASSETS**
**CURRENT ASSETS**
Bank & cash
**CREDITORS**
Amounts falling due within one year
Accrual & deferred income
Net Current Liabilities
**ACCUMULATED FUND**
Retained Surplus Brought Forward
Building fund
Surplus for the year
Retained Surplus Carried Forward|2024
£
10,099|£
396,105
697
396,802
409,250
-12,448
396,802|£
19,171|2023
£
398,311
10,939|
|---|---|---|---|---|
||10,099||19,171||
||9,402||8,232||
||9,402||8,232||
||||||
|||||409,250|
|||||413,359
-4,109|
|||||409,250|
Approved on 19 / 05 / 2025 and singed on behalf of the Trustees
By
Rev (Mrs) V O Adekanbi Trustee Member
Page 7 Upper Room Four Square Chapel (Newham Foursquare Church) Notes to the Financial Statements For the year needed 31 December 2025
## 1 **Accounting policies**
## 1.1 **Accounting convention**
The financial statements are prepared under historical cost convention and in accordance with The Financial Reporting Standard for Smaller Entities (FRSSE) (effective Jan 2005) and statement of Recommended Practice (SORP 2005) ,and with the Charity Acts 2011
## 1.2 **Incoming Resources**
The Income represent the total donation and Income Tax Claimed excluding Value Added Tax , receivable during the year
## 1.3 **Depreciation**
Depreciation is provided on tangible Fixed Assets at rate calculated to write off the cost less residual value of each assets over its expected useful life as follows:-
Fixture fitting and equipment 25% reducing balance basis
1.4 **Donation** Donation receivable are credited to the Statement of Financial Activities (SOFA)) in the year for the year which they are received.
1.5 **Resources Expended** Resources Expended are included in the Statement of Financial Activities (SOFA) on an accrual basis inclusive of VAT
## 1.6 **Unrestricted Funds**
Unrestricted Funds are donations and other incoming resources received or generated for the charitable purposes
## 1.8 **Restricted Funds**
Restricted Funds are funds received which can only be used for the specific purpose as laid out by the donor Expenditure which meets this criterion is identified to the fund, together with a fair allocation of overheads costs. During the year there are no restricted fund.
## 2 **Income**
The total income of the organization for the year has been derived from its principal activity wholly undertaken in the UK
3 **Operating surplus** 2025 2024 Operating surplus is stated after charging £ £ Depreciation of tangible assets 3914 4367
## page 8 Upper Room Four Square Chapel (Newham Foursquare Church)
## Notes to the Financial Statements
For the year needed 31 December 2025
|4
**Fixed Assets**
Freehold
Land
Cost
1 Jan. 2025
384,363
Additions
31 Dec. 2025
384,363
Depreciation
1 Jan. 2025
0
Charge for the year
0
31 Dec. 2025
0
Net Book Values
31 Dec. 2025
384,363
31 Dec. 2024
384,363
5
Creditors amount falling due within one year
Loan No 2
Inland Revenue
Creditor and accrual
6
Summary of Assets by Fund
Unrestricted funds
Net Income\ ( Expenditure)
Total|Fixture
Fittings
equipment
50,339
1,709
52,048
36,392
3,914
40,306
11,742
13,947
2,025
£
6872
2530
9,402
2025
409,250
-12448
396,802|Total
434,702
1,709|
|---|---|---|
|||436,411|
|||36,392
3,914|
|||0
40,306|
|||396,105|
|||398,310|
|||2,024
£
2,631
3,521
2,080|
|||8,232|
|||2024
413,359
-4109|
|||409,250|
- 7 Trustees Remuneration
Remuneration was paid to only one of the trustees under PAYE Sceheme during the year
## Appendix
## **Upper Room Four Square Chapel**
(Newham Foursquare Church)
Statement of Financial Activities For the year ended 31 December 2025
|Incoming & Expenditure
Income:
Voluntary Sources- Donation
Others
Gift aids
**TOTAL INCOME**
**Direct Charitable Expenditure:**
Wages, salaries & NIC
Staff pension
Staff training
Rate including water
Insurance
Computer consumables
Light heat and water
Repair and maintenance
Members welfare
Printing postage and stationery
Advertising promotion
Hire of equipment
Church member uniform
Telephone
Oversea travel
Travelling and entertainment
Entertain social activities and conference
Other expenses
Legal and professional
Accountancy
Loan interest
General expenses
Charitable donation
Subscription
Depreciation on FF and equipment
TOTAL EXPENDITURE
NET INCOME ( EXPENDITURE)
FUND BALANCES B/F
**FUND BALANCES C\F**|Unrestricted
Fund
2025
**£**
114701
1050
19607
135358
38151
2700
270
1883
1272
2309
3591
7148
4930
79
384
666
558
953
4275
3668
48942
121779
513
2500
3170
173
14770
987
3914
26027
147806
-12448
409250
**396802**|Unrestricted
Fund
2024
**£**
79632
26553|
|---|---|---|
|||106185|
|||33180
0
378
1364
361
1930
3840
16614
4013
53
566
3911
4991
28972|
|||100173|
|||251
2000
13
450
3040
4367|
|||10121|
|||110294|
|||-4109
413359|
|||**409250**|
The notes on page 6 form part of these accounts