## _**KOSEUNTI PRAYERIST INTERNATIONAL CHRISTIAN CHURCH**_ ## _**TRUSTEES ANNUAL REPORT**_ _The accounts has been prepared in accordance to the charity commission suggested approach to reporting income and expenditures that the charity is established for being the purposes which are for public benefit._ _The accounts also explained how the trustees have operated their charity activities in furtherance of these purposes._ _In particular, the report provided a summary of the charity objectives and also describes the benefits which our charity brings for the local community and diversity._ _The charity income is still under £500,000 and the value of our assets is worth under £3.26 million, therefore a simple accounting report is prepared as required._ _Signed on behalf of Trustees_ ## _GBOYEGA SAMUEL OYEBOLA_ DocuSign Envelope ID: 7870FD95-FEC0-4134-8C2F-448B5F93967E **----- Start of picture text -----**
KOSEUNTI PRAYERISTS INTERNATIONAL CHRISTIAN 1073460
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/01/2022 31/12/2022
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Charitable activities 53,723 - - 53,723 35,711
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) [ 53,723 ] - - 53,723 35,711
A2 Asset and investment sales,
(see table).
Loans received from external funder - - - - 15,000
- - - - -
Sub total - - - - 15,000
Total receipts 53,723 - - 53,723 50,711
A3 Payments
Cleaning 877 - - 877 264
Cost of fundraising events 4,633 - - 4,633 778
Light and heat 3,713 - - 3,713 1,153
Legal and professional fess 700 700 -
Rent 36,000 - - 36,000 18,000
Repairs and maintenance 1,765 - - 1,765 240
Telecomunication 543 - - 543 374
Travel and subsistence 671 - - 671 -
- - - - -
Sub total [ 48,902 ] - - 48,902 20,809
A4 Asset and investment
purchases, (see table)
Purchase of fixed assets 1,639 - - 1,639 9,074
Loans repaid to an external funder 2,928 - - 2,928
Sub total [ 4,567 ] - - 4,567 9,074
Total payments [ 53,469 ] - - 53,469 29,883
Net of receipts/(payments) 254 - - 254 20,828
A5 Transfers between funds - - - - -
A6 Cash funds last year end 20,828 - - 20,828 -
Cash funds this year end 21,082 - - 21,082 20,828
**----- End of picture text -----**
CCXX R1 accounts (SS) 21/09/2023 1 DocuSign Envelope ID: 7870FD95-FEC0-4134-8C2F-448B5F93967E |**Section B Statement of assets and liabilities at**|**Section B Statement of assets and liabilities at**|**the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
cash, and bank and building society
current and deposit accounts
**Details**
**Details**
furniture, fixtures and fittings
**Details**
loan liabilities
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**21,082**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**21,082**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Current value**
**(optional)**
1,639
**-**
9,074
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**When due**
**(optional)**
12,072
**-**
15,000
**-**
**-**
**-**
**-**
Date of
approval
Print Name
9/21/2023
Samuel Oyebola|**Endowment**
**funds**
**to nearest £**
**-**
**-**| ||||**-**| ||||OK| CCXX R2 accounts (SS) 21/09/2023 2 DocuSign Envelope ID: 7870FD95-FEC0-4134-8C2F-448B5F93967E ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name KOSEUNTI PRAYERISTS INTERNATIONAL CHRISTIAN **members of** **On accounts for the year Charity no** 1073460 31/12/2022 **ended (if any) Set out on pages** 2 pages (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **DD / MM / YYYY** 31/12/2022 . - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which 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: Date:** 9/21/2023 **Name:** G&A Accountancy **Relevant professional qualification(s) or body** ACCA **(if any): Address:** 132 New Cross Road. London, SE14 5BA **October 2018** 1 **IER** DocuSign Envelope ID: 7870FD95-FEC0-4134-8C2F-448B5F93967E ## **Section B Disclosure** Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **October 2018** 2 **IER**