## _**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: F0C9C7FF-E9B0-4794-9D66-780920E141AA **KOSEUNTI PRAYERISTS INTERNATIONAL CHRISTIAN 1073460 Receipts and payments accounts For the period** Period start date Period end date **To from** 01/01/2023 31/12/2023 ee ee ee ee ## **CC16a** ## **Section A Receipts and payments** **----- Start of picture text -----**
||||||| |---|---|---|---|---|---| |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|60,412|-|-|60,412|53,723| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| |-|-|-|-|-| **----- End of picture text -----**
## _**Sub total** (Gross income for_ **----- Start of picture text -----**
||||||||| |---|---|---|---|---|---|---|---| |AR)|[ 60,412 ]|-|-|60,412|53,723| |A2 Asset and investment sales,| |(see table).| |Loans received from external funder|-|-|-|-| |-|-|-|-|-| |Sub total|-|-|-|-|-| |Total receipts|60,412|-|-|60,412|53,723| |————|——| |A3 Payments| |Accountancy fees|1,925|-|-|1,925|-| |Advertising and PR|172|172|-| |Cleaning|587|587|877| |Cost of fundraising events|6,909|-|-|6,909|4,633| |Light and heat|10,035|-|-|10,035|3,713| |Legal and professional fess|725|725|700| |Rent|30,000|-|-|30,000|36,000| |Repairs and maintenance|-|-|-|-|1,765| |Telecomunication|523|-|-|523|543| |Travel and subsistence|748|-|-|748|671| |-|-|-|-|-| |Sub total|[ 51,624 ]|-|-|51,624|48,902| |A4 Asset and investment| |purchases, (see table)| |Purchase of fixed assets|2,247|-|-|2,247|1,639| |Loans repaid to an external funder|3,195|-|-|3,195|2,928| |Sub total|[ 5,442 ]|-|-|5,442|4,567| |————|Total payments|57,066|-|-|——|57,066|53,469| |Net of receipts/(payments)|3,346|-|- 3,346|254| |A5 Transfers between funds|-|- -|-|-| |A6 Cash funds last year end|21,082|- -|21,082|20,828| |Cash funds this year end|24,428|-|- 24,428|21,082| |===>>=| **----- End of picture text -----**
1 Docusign Envelope ID: F0C9C7FF-E9B0-4794-9D66-780920E141AA ## **Section B Statement of assets and liabilities at the end of the period** **----- Start of picture text -----**
|||||| |---|---|---|---|---| |Unrestricted|Restricted|Endowment| |Categories|Details|funds|funds|funds| |to nearest £|to nearest £|to nearest £| |B1 Cash funds|cash, and bank and building society current| |and deposit accounts|24,428|-| |-|-|-| |-|-|-| |Total cash funds|24,428|-|-| |=|===| |(agree balances with receipts and payments| |account(s))|OK|OK|OK| |Unrestricted|Restricted|Endowment| |funds|funds|funds| |Details|to nearest £|to nearest £|to nearest £| |B2 Other monetary assets|-|-|-| |-|-|-| |-|-|-| |——| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B3 Investment assets|-|-| |-|-| |-|-| |——| |Fund to which|Current value| |Details|asset belongs|Cost (optional)|(optional)| |B4 Assets retained for the|furniture, fixtures and fittings|2,247|-|12,960| |charity’s own use|-|-| |-|-| |——| |Fund to which|Amount due|When due| |Details|liability relates|(optional)|(optional)| |B5 Liabilities|loan liabilities|8,877|-| |-| |-| |SS| |Signed by one or two trustees on|Date of| |behalf of all the trustees|Signature|Print Name|approval| |Samuel Oyebola|2/10/2025| |so| **----- End of picture text -----**
2 Docusign Envelope ID: F0C9C7FF-E9B0-4794-9D66-780920E141AA ## **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** 31/12/2023 **Charity no** 1073460 **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** . - **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 - 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:** 30/01/2025 **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: F0C9C7FF-E9B0-4794-9D66-780920E141AA ## **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**