2025-05-31-accounts - Communion Of Saints Evangelical Church

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Charity Registration number 1 0 7 5 5 2 4

COMMUNION OF SAINTS EVANGELICAL CHURCH

Report and Financial Statements

for the year ended 31 May 2025

COMMUNION OF SAINTS EVANGELICAL CHURCH

Legal and administrative information

Church Trustees	Bishop Henry Olufisayo Lawanson
	Dr Pastor Andrew Kehinde Olowu
	Dr Pastor Stephen Akinmosa
Charity number	1 0 7 5 5 2 4
Church Address	Cobden House
	43, Spital Street
	Dartford
	DA1 2DX
Auditors	GKJ Associates Ltd.
	Chartered Accountants
	31 River Road
	Barking
	IG11 0DA
Bankers	Lloyds - TSB Bank Plc
	Camberwell Green Branch
	London
	SE5 7AB

COMMUNION OF SAINTS EVANGELICAL CHURCH

	Contents
		Page
Report of the trustees		1 - 2
Report of the independent examiner		3
Income and expenditure		4
Balance Sheet		5
Notes to the financial statements		6 – 8

COMMUNION OF SAINTS EVANGELICAL CHURCH

TRUSTEES’ REPORT

The trustees have the pleasure of submitting their report and the financial statements for the year ended 31 May 2025.

Outline

The Communion of Saints Evangelical Church is a Pentecostal Church founded in London, United Kingdom in 1998. It is open to all nationalities, races, ages, and sexes with the main objective of preaching the gospel of JESUS CHRIST firstly in the United Kingdom and to all over the world.

Objectives of the Charity, Principal Activities and Organisation of Our Work

The objectives of Communion of Saints Evangelical Church are:

a) The furtherance of Christianity and the Christian education.

b) Provision of suitable atmosphere where the Christian principles can be taught and developed within our community.

The principal activities of the church are Christian worship, Christian outreach program to increase Christian awareness and to spread the gospel of our Lord Jesus Christ and the development of the whole man, spiritually, mentally, and physically.

We have several volunteers who assist in helping us achieve our objectives.

Developments, Activities and Achievements in the Year.

The process of development, planning and implementation have continued in the last year, during which the church has been successful spiritually in ministering to the needs of different kinds of people and training the church members to deal with various community members who have been coming to the church requiring different kinds of assistance.

Our outreach works in the year have yielded much fruit. We have extended our counselling and caring works beyond the four walls of the church premises by offering counselling and prayer support to prison inmates, and the sick at the hospitals.

The youths and young adults have been given the reign to anchor the church service every first Sunday of the month, thus encouraging the young adults and youth to develop their biblical principles and also give them the opportunity to have a feel of how a church service is being run.

The Church has an ongoing Community based Food handout project, whereby Non-perishable food as well as daily need items are given out to less privileged families on a weekly basis.

Trustees Responsibilities –

The trustees are responsible for keeping proper accounting records, which can be disclosed with reasonable accuracy at any time. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Review of Financial Position

Please refer to the annexed accounts for the details of the Financial Statements for the year ended 31 May 2025

Page 1

COMMUNION OF SAINTS EVANGELICAL CHURCH

TRUSTEES’ REPORT (CONT)

Trustees’ Responsibilities in Relation to the Financial Statements

The Charities Act requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the trustees are requested to:

Select suitable accounting policies and then apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements.
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with Charities Act. 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.

Accountants

The Accountants, GKJ Associates Ltd has indicated their willingness to continue to act for the charity. Accordingly, a resolution will be proposed at the forthcoming Annual General Meeting.

Approval

This report was approved by the board of trustees and signed on their behalf by:

Dr Pastor A Olowu Pastor P Pedro

…………………………….. ……………………………

Chairperson, Church Council Church Secretary.

Date:

Page 2

COMMUNION OF SAINTS EVANGELICAL CHURCH

Independent Examiner’s Report to the Trustees of Communion of Saints Evangelical Church.

We report on the financial statements of the Trust for the year ended 31 May 2025, which are set out on pages 4 to 7.

In accordance with instructions received, we have prepared without conducting an audit the financial statements for the year ended 31 May 2025. These financial statements were prepared from accounting records of the church, information and explanations supplied to us by the Church Council.

Our review was limited primarily to inquiries of the trustees and other volunteers and analytical procedures applied to the financial data.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the 1993 Act)) and that an independent examination is needed.

It is our responsibility to:

examine the financial statements (under section 43(3)(a) of the 1993 Act).
to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the 1993 Act); and
to state whether any matter have come to our attention.

Basis of independent examiner’s report

The examination was conducted 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 financial statements and seeking explanations 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 we do not express an audit opinion on the view given by the financial statements.

Independent examiner’s statement

In connection with my examination, no matter has come to our attention:

(1) which gives us reasonable cause to believe that in any material respect the requirements

to keep accounting records in accordance with section 41 of the 1993 Act: and
to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met: or

(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

GKJ Associates Ltd 31 River Road GKJ Associates Ltd Barking Chartered Certified IG11 0DA. Accountants

Date:

Page 3

COMMUNION OF SAINTS EVANGELICAL CHURCH

Statement of Financial Activities

for the year ended 31 May 2025

Notes Incoming resources Donations & similar incoming resources 2.0 Activities in furtherance of the charity's objects Other income (Including bldg. Fund Donations) 2.1 Total Incoming resources Resources Used Cost of generating funds 4 Cost of activities in furtherance of the charity's objects 5 Expenditure on managing/administering the charity 6 Total Resources Used Net Incoming/(Outgoing) Resources Gains and Losses - Gains/losses on assets for own use - Gains/losses on investment assets Net Movement in Funds Balance on 1 June Balance on 31 May 7	Unrestricted Funds 3,460 75792	Restricted Funds 225 7,968 8,193 0 0 0 0 0 0	Total Funds 2025 3,685 83,760 87,445 0 65,141 26,088 91,229 (3,784) 0 0 (3,784) 167,514 163,727	Total Funds 2024 56,085 40,130 96,215 0 55,936 32,274 88,210 8,005 0 0 8,005 159,509 167,514
	79,252
	0 65,141 26,088
	91,229
	0 0

Page 4

Balance Sheet as at 31 May 2025

Notes Fixed assets 8 Current assets Cash at bank and in hand 9 Creditors: amounts falling due within one year TOTAL ASSETS FUNDS Unrestricted Funds General Funds 7 Designated Funds Restricted Other Income incl Bldg. Fund etc 10 TOTAL FUNDS		2025 £ 0 168,159 0 168,159 163,727 4,432 168,159	2025 £ 0 168,159 0 168,159 163,727 4,432 168,159	2024 £ 0 167,514 0 167,514 165,835 1,679 167,514

The Financial statement was approved by the board and signed on its behalf.

Trustee Approved by the Trustees on the

Page 5

1. Accounting policies

1.1. Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective April 2008). In preparing the financial statements the charity follows best practice as laid down in the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ (SORP 2000) issued in October 2000.

1.2. Incoming Resources

Income is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty. Income is deferred only when the charity must fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

1.3. Resources Expended

All expenditure is included on cash basis and is recognised when there is a legal or constructive obligation to pay for the expenditure.

1.5. Tangible fixed assets

Fixed assets are shown at historical cost.

2. Donation & Similar incoming resources2025 (Unrestricted) £ 2.0 Tithes and offerings 55,050 2.1 Special Thanksgiving 1,290 2.1 Bank Interest 1,758 2.1 Storage Contributions 0 2.1 Other Donations 2,170 2.1 HMRC Charities18,984 79,252 (Restricted) Ladies of Honour 2,140 Men of Excellence 2,460 Motherless Contributions 65 Ministry Of Help 1,203 Pastors appreciation Contributions 0 Marathon for Jesus 440 Miracle Fasting 575 Owuro agbara 60 Building Funds 100 Christmas Contributions 40 Grayson collection 100 Fitness Contributions 20 Cultural Contributions 290 Araoluwa Contributions 0 All other 700 8,193 87,445 ====== 3. Other Income 2025 £ Bank Interest received1,758		2024 £ 56,085 3,564 1,804 560 110 19,524 81,647 4,139 1,045 100 1,080 1,502 0 595 100 0 0 0 0 620 2,973 14,568 96,215 ====== 2024 £ 1,804

Page 6

5. Cost of activities in furtherance of charity’s objectives 2025 2024 £ £ Wages & NI Contributions 17,880 15,840 Overseas Mission 1,000 806 Araoluwa Project Expenses 0 8552 Evangelism & Outreach & Missionary 4,007 1,867 Donations & Ministry of Help 4,470 2,350 Honorarium Expenses 1,250 1,000 Owuro Agbara 120 150 Church & Other Sundry Expenses 5,887 3,710 Pastors appreciation expenses 8,399 7,795 Departmental costs 10,210 9,516 Sundry Expenses 2,090 4,350 55,313 55,936 ====== ======= 6. Expenditure on managing /administering the charity 2025 2024 £ £ Employee & Departmental Costs Premises Costs 27,830 22,487 General Administrative Costs 5,396 6,443 Legal & Professional Costs 2,690 3,344 35,916 32,274 ======= =======

Page 7

Unrestricted Restricted Total Total Funds Funds Funds Funds 2025 2024 7. Funds £ £ £ £ At 1 June 167,514 159,509 Surplus/(Deficit) for the year (3,784) 8,005 Transfer of Funds (Other Income) 4430 __0___ 168,160 167,514

8. Tangible Fixed Assets

The charity has no fixed assets, and none subject to depreciation as the bus in use has been fully written down.

9. Cash in Bank and in Hand CURRENT A/C 00946811 at 30thMay 2025 DEPOSIT A/C 02011453 as at 9thMay 2025 A/C 35474968 as at 9thMay 2025 10. Other Income incld Bidg fund Building Funds Ladies of Honour (LOH) Contributions Men of Excellence (MOE) Contributions		£ 2,191.77 164,283.04 1,684.48 168,159.29 £ 100 2140 2190

		4430

Page 8