**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 resources**2025**
**(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**