2025-03-31-accounts - Eagle Christian Fellowship

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EAGLE CHRISTIAN FELLOWSHIP

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31[ST] MARCH 2025

CHARITY NUMBER: 1077765

EAGLE CHRISTIAN FELLOWSHIP

LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] MARCH 2025

ADDRESS FOR CORRESPONDENCE

4 LAVENDER ROAD CROYDON SURREY CR0 3BH

REGISTERED CHARITY 1077765

GOVERNING DOCUMENT DECLARATION OF TRUST 6[TH] MAY 1999 AS AMENDED BY SUPPLEMENTAL DEED 18[TH] AUGUST 1999

TRUSTEES

REV LOUIS ARKU MRS CAROLINE KING MS MARIE- JEANNE MUNDELE

PRINCIPAL BANKERS

LLOYDSTSB BANK 25 GRESHAM STREET LONDON EC2V 7HN

INDEPENDENT EXAMINER

CHUKWUBUZO AJUKA BSc(Man), FICB PMDip FRESH FIRE BUSINESS SERVICES 95 MILES ROAD MITCHAM SURREY CR4 3FH

EAGLE CHRISTIAN FELLOWSHIP 4 LAVENDER ROAD CROYDON SURREY CR0 3BH INDEX Page Index 2 Trustee’s Report 3-4 Independent Examiner’s Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes on the financial Statements 8 - 12

EAGLE CHRISTIAN FELLOWSHIP TRUSTEES’ REPORT YEAR ENDED 31[st] March 2025

The trustees are pleased to present their report for the year ended 31[st] March 2025 for the charity, Eagle Christian Fellowship with Charity Number 1077765.

The Trustees of the charity are: Pastor Louis Arku Mrs Caroline King Ms Marie- Jeanne Mundele

The principal address of the charity is: 4 Lavender Road Croydon Surrey CR0 3BH

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a declaration of trust that was adopted on 6[TH] May 1999 as amended by supplemental deed 18[th] August 1999.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are to advance the Christian Religion, the advancement of education and the relief of poverty, sickness and distress. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation continues to hold successful services through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith . The church held several conferences to assist the development of the people in the community. The church also continued to sponsor conferences held in Ghana and this helped many suffering and in distress in that country during the financial year. This proved to be a great success. The organisation is currently hiring various halls and hotel halls for its worship services as it continues to look to establish a permanent place of worship

FINANCIAL REVIEW

The income of the charity is above £78,000. This was a slight decrease on the previous year. The costs have been managed over this period. The charity is in a good position to develop itself in the community.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the applicable accounting standards have been followed.
Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 5[th] February 2026 and signed on their behalf by:

Independent Examiner’s Report To the Trustees EAGLE CHRISTIAN FELLOWSHIP

I report on the accounts of the church for the year ended 31[st] March 2025 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

Examine the accounts under section 145 of the 2011 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
State whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts 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 I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
proper accounting records are kept( in accordance with section 130 of the 2011 Act
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH

EAGLE CHRISTIAN FELLOWSHIP

Statement of Financial Activities for the year ended 31st March 2025

		Unrestricted	Total Funds
		Funds	2025	2024
Incoming Resources from	Note	£	£
generated funds
Donations and Legacies	2	66551	66551	61348
Investment income		0	0	0
		___ ___ ______
		66551	66551	61348
Other Income	2	11649	11649	11119
Total Incoming		78200	78200	72467
Resources
Resources Expended
Charitable activities in furtherance of objectives
Cost of Activities	6	83,588	83,588	82880
Other	4	700	700	1254
Total Resources		84,288	84,288	84134
Expended
Net movement in funds		-6,088	-6,088	-11667
Reconciliation of Funds
Total Funds brought forward		39096	39096	50763
Total Funds carried forward		33,008	33,008	39096

The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.

The notes on the accounts form part of these accounts.

EAGLE CHRISTIAN FELLOWSHIP Balance Sheet as at 31st March 2025

Note 2025 Fixed Assets £ Tangible fixed assets 4122 _ 4122 _ Current Assets Cash at bank and 4702 in hand Debtors & prepayment 8 23484 28186 Creditors:amounts falling due within one year Bank Creditors & accruals 7 700 _ Net Current Assets 28886 _ Net Assets 33008 Unrestricted Funds General Fund 33008 TOTAL FUNDS 33008	2024 £ 5151
	___ 5151
	___ 11161 23484
	34645 700
	___ 33945
	___ 39096 39096
	39096

Louis Arku Trustee

__________ Trustee's signature

EAGLE CHRISTIAN FELLOWSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 202

1) Accounting Policies

These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with: The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014.

1.1 Going Concern: The accounts are prepared on a going concern basis.

1.2 The accounts present a true and fair view and no change have been made to the accounting policies adopted.

1.3 No changes to the accounting estimates have occurred in the reporting period

1.5 No material prior year error have been identified in the reporting period.

Recognition of Income

These are included in the Statement of Financial Activities (SOFA) when:

The charity becomes entitled to resources;
It is more likely than not that the trustees will receive the resources;
The monetary value can be measured with sufficient reliability.

Grants and Donations

Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)

Tax reclaim on donations and gifts

Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

EXPENDITURE AND LIABILITIES

Liability Recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Grants and Support Costs

Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

EAGLE CHRISTIAN FELLOWSHIP NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

ASSETS

Tangible Fixed Assets for use by the charity

They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.

EAGLE CHRISTIAN FELLOWSHIP Notes to the accounts for year ended 31st March 2025

2 Voluntary Income/ Other Income

	Unrestricted	Total fundsTotal funds	Total fundsTotal funds
	Funds	2025	2024
Church collections	£	£	£
Tithes and Offerings	66551	66551	61348
Gift Aid/Other income	11649	11649	11119

	______	______	______	______	______
	Total	78200		78200	72467
3	Investment income
	Unrestricted			Total fundsTotal funds
	Funds £			2024/£	2023/£
	Bank Interest	0		0	0
4	Other		Amount £/2025		Amount £/2024
	Missions		0		554	Supporting missions
	Grants to individuals<£1000		0		0	Charitable giving
	Charity giving		0		0
	Accounting services		700		0
	Total		700		554
5	Tangible Fixed Assets		Instrument	Vehicle	Equipment	Total 2025
	Cost		£	£	£	£
	At 01/04/2024		4688	1875	30223		36786
	Additions		0 0 0 0 ______
	At 3103/2025		4688	1875	30223		36786
	Depreciation
	At 01/04/2024		4331	1811	25493		31635
	charge for the year		71	12	946		1029
			______
	At 31/03/2025		4402	1823	26439		32664
	Net Book Value at 31/03/2025		286	52	3784		4122
	Net Book Value at 01/04/2024		357	64	4730		5151

EAGLE CHRISTIAN FELLOWSHIP Notes to the accounts for year ended 31st March 2025

Cost of Activities in furtherance	of Charity's	Objectives
	2025/£	2024/£
Building rent	18089	19821
Admin	227	0
Pastoral wages	12000	12000
Travel & Courier	1908	2627
Hotel accomodation	175	619
Visiting speakers expenses	4000	550
Volunteer Expenses	0	100
Outreach Ministry	5140	3155
Welfare	1583	0
Training	0	0
Stationary	0	0
Depreciation	1029	1288
Telephone , Internet & fax	624	1969
Insurances	3496	1811
Professional fees	1467	1072
Renovation & Repairs	0	275
Publicity, conferences & Website	0	0
Rates	266	0
Light & Heat	526	120
Bank charges	356	416
Mission house expenses	22500	23555
Supplies	1131	1522
Media Services	0	1352
Church program	0	0
Transport	0	1289
Waste Services	0	0
Vehicle expenses	3877	5245
Card services charges	56	0
Tax/Ni contributions	0	0
Refreshments	0	300
Subscription	684	180
Software	0	0
Storage costs	4454	3376
Music services	0	0
Total	83588	82642

EAGLE CHRISTIAN FELLOWSHIP Notes to the accounts for year ended 31st March 2025

Staff

The church had 1 employee during the financial year. No employee earned more than £12,000 during the year.

7 Creditors: amounts falling due within one year Independent examination Creditors Total 8 Debtors and Prepayments	2025/£ 2024/£ 700 700 0 0
	______ 700 700 2025/£ 2024/£ 6664 6664