## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
**CHARITY NO. 1072160**
## **REPORTS & ACCOUNTS FOR THE YEAR ENEDED**
**31 DECEMBER 2023**
**PREPARED BY:**
**EUCHRISS & CO ACCOUNTANTS & TAX ADVISOR 18A CHURCH STREET, DAGENHAM ESSEX. RM10 9UR**
Page 1
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **CONTENTS:**
||**PAGES**|
|---|---|
|Organisation Information|3|
|Trustees Report|4 - 6|
|Accountants Report|7|
|Income & Expenditure Statement|8|
|Balance Sheet|9 & 10|
|Notes to the Accounts|11 & 12|
Page 2
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **ORGANISATION INFORMATION**
TRUSTEES OLUFUNKE ADEYEMI ORABIYI ADEKUNLE AYENI CHARITY CONTACT PASTOR ADEKUNLE AYENI SECRETARY ELDER AKINDELE BAKAREY REGISTERED OFFICE 12/14 FERNDALE ROAD LEYTONSTONE LONDON E11 3DN ACCOUNTANTS EUCHRISS & CO 18A CHURCH STREET DAGENHAM RM10 9UR BANKERS BARCLAYS BANK PLC LEGAL ADVISER LIBERTYWALL SOLICITORS LLP
Page 3
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **TRUSTEES REPORT**
## **The trustees present their report and the accounts for the period ended December 31, 2023.**
Christ Apostolic Church Gospel Generation is governed by its constitution and in any other way prescribed by the trustees in accordance with the Charity laws of the United Kingdom. Trustees were appointed because of their expereience in church work and their ability to help in the community. Trustees who served during the year were:
Olufunke Adeyemi Orabiyi Adekunle Ayeni
## **Principal Activities:**
1. To be a christian church and a place of worship devoted to the advancement of the christian religion for the benefit of the community.
2. To present the good news of the gospel of Jesus Christ to those in its local community and beyond
3. To assist, encourage and educate its members to preach the good news and to be good citizens of their community and the country at large.
4. Provide Christian educational instructions and/or training for individuals or other organisations
5. Conduct, encourage and promote social and/or moral activities for the advancement of the christian religion.
6. Encourage, undertake and promote the writing of books and/or the production of audio and/or video materials for the furtherance of its objectives. These books and/or materials may be sold to the public as a means of raising fund for the charity.
7. Promote and encourage or sponsor christian missionary activities within and/or outside the United Kingdom insofar as these activities shall further its objectives.
## **Achievement and Performance:**
The Charity was involved in christian activities and programmes which enhance and create awareness of the gospel of our Lord Jesus Christ.
The Charity has benefited the public within and outside the community of its location by providing programmes such as children programs, youth outreach, marriage and marriage counselling, helping single parents, welfare programs and christian relief foundation.
We strengthened the community through counselling on the important issues in the family regardless of backgroung and race. Notable among the programmes for the year were the Promise Keepers Men Retreat, Good Women Retreat, Youths & Junior Empowerment Events.
The Youth & Junior Empowerment events which is held annually was a success followed with great testimonies from people that attended. There were testimonies from parents who had challenges in understanding their childrens' behaviour and never had any parent-children relationship whatsoever until they came for the programme. Communicating with their children without having to shout or spreak negative words (out of annoyance) into their lives which could later affect their lives was a big challenge. But after listening to a young lady's teaching who spoke and enlightened parents more on understanding children using her own true life story, there was a total turn around in the relationship of many of the parents and
Page 4
## single parents with their children.
Also, divorced parents living alond testified on learning how to cope being single without sinning. More so, free medical check-up was organised for the people of the community where the venue of the retreat was situated and they were grateful to have this basic healthcare facility, followed with advice and information leaflets.
## Youth:
Throughout the year, the young people in the church organised and participated in various youths empowerment activities. From gathering together every Sundays to discuss and share with one another what they have been through during the week to motivating and supporting one another. There were career advice sessions by the charity's Pastor, who always speaks to the youths and offer them valuable guidance on possible career path and work experiences. Friends from within and outside the community are always invited to join in on these programmes as they serve as a platform to discuss the things that young people face in everyday life in the society, at school and professional on a daily basis and to encourage each other on the best ways to handle these situations using biblical teachings and principles. At the beginning of every month, birthdays ere also celebrated with food, cake and presents from parents. During the year, the youth practiced singing, poetry, drama and dancing as they are sometimes invited to perform at events. Most importantly, there is an annual event organised by the charity whereby young people are invited from the local churhes of CAC in Anosike Region to join the youth during this themed themed event where they have various performances ranging from singing, dancing, drama sketches spoken words, poetry, motivation speaking, guest performances and much more. These events are held during summer as they do not only give the youth some valuable things to do with their time during the summer break, but they also help to raise awareness in the community about our faith and to give others insight into it.
The annual youth retreat at De Vere hotel in Horsley came up and it was a success as usual. Youth trip every year serves as a reward for all the hard work put in by them during the year. This year trip took them to Hosley Town Centre and a lot of group activities were carried out to help them to know each other better during the trip, especially for any new addition to the youth group.
Although we are a charitable organisation, we also believe in giving back which is why, as a group, the youth donated to two charities once a month. The charitie of their choice for the year was Christian Aid. During Christmas, there was an outreach to cater for the needy and less priviledged on the street by serving cake, snacks and tea. This afforded the youths the opportunity to really show parents the positive effect of being part of the youth organisation of the Charity.
Page 5
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **TRUSTEES REPORT CONT'D**
## **Core - Activities:**
Our regular activities include:
1. Sunday services by bringing the people in the community together.
2. Mid-Week Bible studies and Prayer Meetings and Caring Hearts fellowships in homes to foster togetherness in the community
3. Couples fellowships to strengthen unity in homes
3. Changing Your Generation Conference which comes up once annually
4. Good Women Retreat to encourage women in the church and the community
5. Youth/Children's week - to integrate our children into appreciating their values
## **Future Projects:**
1. Developing relationship with other charitable organisation and any like minded groups within the borough to enhance the objectives of the charity.
2. Reaching out to the youth by providing a resource centre equiped with facilities such as video games, computer, books, cassettes and CDs/DVDs and other educational materials. This will also enrich the congregants and visitors.
3. Having awakening programmes, seminars and other like activities within our borough and beyond
4. Extending a hand of help through our Youthful Youths Programme to the poverty-stricken in Africa.
5. Having Crusades/Revival outreach in Africa and the rehabilitation of the under-priviledged in Africa. 6. The youth will embark on enriching their meetings by having more of motivational speaking events that would encourage them. They are also looking into how they could help out in the local community more independently.
## **Approval:**
The board of trustees approved this report and account on the 06th January 2025 and is signed on its behalf by:
## Elder Akindele Bakarey
Secretary
Page 6
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **ACCOUNTANTS REPORT**
We have conducted an independent examination of the financial statements on pages 7 to 9 which have been prepared in accordance with the General Directions given by the Charity Commissioners. We have also undertaken the review of the records kept by the Charity, (Christ Apostolic Church Gospel Generation), and a comparison of the accounts presented with those records.
An independent examination includes the consideration of any unusual items or disclosures in the accounts, and seeking explanation from the Trustees regarding any such matters. The procedures undertaken do not provide all the evidence that would be required by full audit and, consequently, we do not express an audit opinion on the view given by the accounts.
EUCHRISS & CO. (ACCOUNTANTS & TAX ADVISORS)
18a Church Street Dagenham RM10 9UR
06 January 2025
Page 7
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **INCOME AND EXPENSE STATEMENT FOR PERIOD ENDED 31 DECEMBER 2023**
|**GENERAL FUND:**
**Notes**
**INCOMING RESOURCES:**
**2**
Tithes & Offerings
Gift Aid
HMRC JCS Grant
Miscellaneous Collection
Special Collections
Thanksgiving
Interest Received
**TOTAL INCOMING RESOURCES**
**RESOURCES USED**
**Direct Charity Expenditure**
Adiministration & Ministry Cost
**7&8**
**Total Resources expended**
Net Incoming Resources before Transfer
Gross Transfer between funds
**Net Incoming Resources**
Other recognised Gains/Losses
Net Movement in Funds
Balance brought forward as at
31st Decembe 2023
**Balance carried forward as at**
**31st December 2023**|**UnrestrictedRestricted**
**Funds**
**Funds**
**Total**
**2022**
110797
110797
87407
52862
52862
16938
0
0
0
0
0
0
2170
2170
99561
6325
6325
5985
165
165
153|
|---|---|
||172320
172320
210045|
||135957
135957
123062|
||135957
135957
123062|
||36363
36363
86983|
||36363
36363
86983|
||36363
36363
86983
2004263
2004263
1917281|
||2040626
2040626
2004263|
Page 8
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **BALANCE SHEET AS AT 31 DECEMBER 2023**
|**Notes**
**FIXED ASSETS**
Tangible fixed assets
**6**
**CURRENT ASSETS**
Debtors & Prepayments
**4**
Short Term Deposit
Cash at bank and in hand
Creditors/Liabilities
Amount falling due within one year
**5**
**Net Current Asset**
Total assets less current liabilities
Creditors/ Liabilities:
Amount falling dur after one year
Net Asset
GENERAL FUND
Unrestricted
Restricted|2023
**£**
1223861
722309
93681
2575
818565
1800
816765
2040626
0
2040626
2040626
2040626|2022
**£**
1228523|
|---|---|---|
|||675262
98481
2897|
|||776640
900|
|||775740|
|||2004263
0|
|||2004263|
|||2004263|
|||2004263|
For the year under review, the charity was entitled to exemption conferred by Charity Commission rules and regulation for its account to be audited.
The trutees acknowledge their responsibilities for:-
1. Ensuring that the charity keeps proper accounting records which of all incoming resources and resourses used during the period and how unexpended balance of funds are deployed at the end of the accounting period. [SORP 10]
Page 9
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **BALANCE SHEET AS AT 31 DECEMBER 2023**
## **Continue**
2. Ensuring that the charity prepares Statement of Financial Activities for the year that shows all resourses made available to the charity and all expenditure incurred by it, and reconcile all changes in its funds {Reg.3(2)(a)}{Sch.1, PartI,1}
3. Preparing balance sheet that shows the assets, liabilities and funds of the charity {Reg.3(2)(b)}{Sch. 1,PartII,1}.
4. Including notes to the accounts, explaining the accounting policies adopted and explaining or expanding upon the information contained in the accounting statements referred to above or which provide further useful information. This will include notes analysing the figures in the accounts and explaining the relationships between them [SORP 22(e){Sch.1, Part IV}
5. In the opinion of the trustees, the charity is entitled to those exemptions on the basis that it qualifies as small charity.
Approved By The Trustees on and signed on behalf of Trustees by:
Akindele Bakarey Secretary
06 January 2025
Page 10
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **NOTES TO THE ACCOUNTS FOR PERIOD ENDED 31 DECEMBER 2023**
## **1. Accounting Policies**
## 1.1 Basis of preparation of accounts
The accounts are prepared under the historical cost convention and incorporate the result of the principal activity which is described in the trustees report.
The charity has taken advantage of the exemption in the Financial Reporting Standard 1
(F.R.S. 1) from the requirement to produce a cashflow statement on the ground that it is a small charity.
## **2. Income Receivable**
The total income for the year was attributable wholly to the charitable activities of the organisation
## **3. Ministry & Services**
The Ministry and Services include payments made for european outreach programmes and printing of materials for distribution during the Charity's annual convention and othe convention expenses. These expenditures were not specifically analysed as such in order for them to be matched together and eliminated..
## **4. Debtors**
|**4. Debtors**||
|---|---|
|Balance on Pledges b/fwd|578708|
|Debtoirs|143601|
|**5. Creditors: Amounts falling due within one year.**
Accruals:
Accountancy Fee|722309|
|---|---|
||1800|
||1800|
Page 11
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **NOTES TO THE ACCOUNTS FOR PERIOD ENDED 31 DECEMBER 2023**
## **Continue**
|**6. Tangible Fixed Assets**
**COST:**
B/F at 01/01/23
Additions
C/F at 31/12/23
**DEPRECIATION:**
B/F at 01/01/23
Charged for the year
C/F at 31/12/23
**NET BOOK VALUE:**
At 31/12/23
NET BOOK VALUE:
At 31/12/22|**F/H**
**Motor**
**Furniture &**
**Property**
**Van**
**Equipment**
**Fittings**
**£**
**£**
**£**
**£**
1200000.00
46250
83605.95
24069.00
0.00
0.00
3290.80
0.00
1200000.00
46250.00
86896.75
24069.00
0.00
31750.16
71930.21
21721.17
0.00
3624.96
3741.64
586.96
0.00
35375.12
75671.85
22308.13
**1200000.00**
**10874.88**
**11224.91**
**1760.87**
1200000.00
14499.84
11675.74
2347.83|**Total**|
|---|---|---|
|||**£**
1353924.95
3290.80|
|||1357215.75|
|||125401.54
7953.55|
|||133355.09|
|||**1223860.66**|
|||1228523.41|
Fixed assets are stated at the original cost to the Charity.
Depreciation is calculated to reduce by annual instalment, the cost of fixed assets to the estimated realisable value at the end of the useful working life and it is charged at 25% per annum on the reducing balance basis, except for the freehold property which has not been depreciated.
Page 12
## **CHRIST APOSTOLIC CHURCH GOSPEL GENERATION**
## **NOTES TO THE ACCOUNTS FOR PERIOD ENDED 31 DECEMBER 2023**
## **7. Charity Administration & Management**
|**Administration & Management**||
|---|---|
|Convention Expenses
Visiting Pastors' Vote
Retreat & Anniversary Expenses
Ministry & Services
Welfare
Charity & Donnation
Choristers & Instrumentalist Expenses
Good Women Conference
Family Praise & Fun Day|6833
1550
7945
18419
4412
2222
3750
1614
4852|
||51597|
## **8. Office Administration & Cost**
|Cleaning & Safety
Professional Fee
General Office Administration
Telephone, Fax & Internet
Insurance
Motor Expenses & Fuel
Wages & Salaries
Driver,s Allowance
Printing, Postages & Office Supplies
Light & Heat
Bank Charges
Water Rate
Accountancy Fee
Repairs & Maitainance
Depreciation|530
7265
3000
2270
5062
990
34871
7018
2510
8404
892
940
900
1756
7954|
|---|---|
||84360|
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