FINANCIAL STATEMEKfs AND TRUSIEES REFX)RT YEAR ENDED I APIUL 2025 DOMINION CHRISTIAN CENTRE Financial Accounts And Trustees Report 1•t April 2025 l )I'C Charity No. 1078438
DOMINION CIIRISTIAN CENIBE FINANcL STATEMENfs AND TRUSTEFS REPORT YEAR ENDF.D I APRIL 2025 ADORESS tkminion Chri81i Centre Unil 2 Maskill Estste 29 &dder Street London E16 4ST REGISTERED CHARrrY NUMBER 1078438 TRUSTEES Mrs E8hla VcThl88 MrTunli Ab. Pastor Johnson PXIa Mr Clu01 PASTOR AND MINISTER4KHARQE Pastor th)hnson Powla BANKERS Barcla Bk Pl¢ Accountants TL Fir81 Aco>Jntanb MI&l Chwter&J C8rtfffftY l£wnlants 1 Copars C¢pe Rd B6ckenham London BR31NB
FtNANCtAL STATEMENTS AND TRUSIEES REPORT YEAR ENDED I APRtL 2025 TRUSTEES REPORT ststus and adrninistration The Charity is constituted by a Constitim axl registej with the Charity CThnmIssnels under charity numtei1078438. The constituti has LEen aff£nded in subsequent yws. the latest amendment beirHJ in December 2002. Charltsble Objects The Objects of the Charity are the aJvanceMl of.. The Christian religion through but not exdusively the kyoifjsiin of servtis, religK)us education classes, seminars arKI crusajes. Musical education of thildren and YWNJ wsons in the m of greater London, through the pKovision of trainirKJ f&ilrties. Within these Obpcts, the Chty Iso has pemialent eThlownRnts and unndowed trust frJnds hekl for special purwses in vrith ac4UiSit)nldeveWMt of a rernianent pl of worship. Board Pollcy The Charity provides infomiKJn, cont, hdps, 17)unselling and financial supwrt for charity members and the community at large. 11 is our policy lo provide a buildu wth VKs f&ilits to fxmtributs to the communÉty. Review of aciivltles and achievern•nts In tfE year 202412025, have seen tmendouS change and improvement in the way the charity is run. The ru¢'on in the net incomirwJ resources was due to global financial crisis and the impact on Gharitsble orgl$al)ns as DCCIDSM. We have been abk to achEve more on objectives of the charity than the previous years. Flnan¢lal actlviUes and resulis The nel incoming resource for the year amounted to £113.918 of whKh SO 10% was althated lo mission workslfrjnding. Investrnent pows, pollcy and perfonnance The trustees, investment pjwers a govemed by Constituti of the tharity. ReseNes Unrestricted funds amounted to £ 23,304 The ty) has rAInbnl to ensure that the expenditure is ftKused on the smooth running oftr* chanty to meet daily needs of fulfilling the objectives. Risk Management The Trustees examine the major risks that the Ministy e&h finar1 year when preparing and updating the stratsgic plan. The charity has develoFed systems10 monitor and (x)ntrol these risks to mitigate any imm thal Ihey may have on the (Kganisation in the future.
DOMINION CHRISTIAN CETrtnlE FINANcL STATEfvfENfs AND TRUSTEES REtK)RT YEAR ENDED I APRtL 2025 Accounting and reIrting responsibilitses The Charib'es Act1993 requires the Tnjstees of the Charity to prepare financial statements for each financial year whith give a twe and fair wew of the Charity's financial acb'vities during the year and of its financial p)sition at the end of Ihe yew. In preparing the financial statements, the Trustees shoukl folbw tEsl prthe and Seleci SLiilable accounting p)licies and apply them consistendy., Make judgements and estimates that are renable and prLKlentr, Follow applicable aco)unb'ng standards and the Chariks SORP, discbsing and explaining any departures in the financial statements. and Prepare the financial statements on ts going CICeM basis unless it is inappropriate to assume that the Charity will continue in operat. The Trustees are reSpX)nsit for kwffJ xcounting records, wfvh are such as to disdose, with reasonable accuracy, the financial position of Charity at the b'me, and to enable them as trUStS to ensure that the financial statements compty %th chanty law. The TnJsl&s are also responsible for safeguarding the Charity's assets, and hen for takJ'NJ reasonatAe sleps for the preventi( and detection of fraud and other iffegularities. Approv&J by the ard of Trustees of tl'vine Sdution MinistrEs on... .. and signed ts L*half by: ChairnRn
FINANCIAL STATEMENTS TRUSIEES REPORT YEAR ENDED I APRtL ?025 ACCOUNTANTS, AND INDEPENDENT EXAMINER'S REPORT I report to the trustees on my examinab'on of ts alnts of ts th)minion Christsn Centre for the year ended 01 April 25. Responsibilities and basis of rep As the charity's tnjstees, you are reStKMsib for the preparatiM of the accounts in accordance with the 1ments of the Charities Act 2011 rthe Acri. I report in resFrft of my examination of the Trust's accounts carried oul under section 145 of the 2011 Acl and in carrying out my examination, I have followed all the applicable Directi¢5 given by the Charity Commission under se10n 14515)Ib} of the Act Independent examinees statem l am qualffied to undertake the examination by beirKJ a qualtw member of the Chartered AsscKiatKJn of Certified Accounlanls IACCAI and Fellow of the Alation IFCCAI. I have completed my examination. I confimi that rn material matters have o)me to my attention in connection with the examination (other than thal dJOSed below") which gives me cause to believe that in, any material resFect . the accounting CordS were not kepl in accordance Yth t)n 130 of the Charib'es Act,. or . the accounts did not accord with the accounting rerords,. or . the &counts did not o)mF4y the applicable requirements a)nceming the fonn and conlenl of counts set out in the Charities (Accounts and Repts) Regulations 2Crf)8 other than any requirenEnt that the accounts give a and fairf yW whth is not a matter considered as part of an independent examination. I have no conM$ a wbich attention sho lo be reached. ave come &ross no other matters in COnnlI0n wth the examination to drawn in this rerA)rt in Lyder to en*)k a proper understsnding of the ac(xunls Dr Olu Olasode FCC Chartered Certrfied Accou TL First Accountsnts Li TL Flrst Limlted nt
FINANCIAL STATEMwfs AND TRUSTEES REPORT YEAR ENDED I APRIL 2025 STATEMENT OF FINANCIAL ACTIVITIES 2025 2025 2025 2024 NOTE RESTRICTE UNRESTRICTE TOTAL TOTAL INCOMING RESOURCES Incoming resources generated funds.. Other Irming resources 113.918 15 113,918 110,760 15 TOTAL INCOMING RESOURCES 113,933 113,933 110,760 RESOURCES EXPENDED Cost of generating funds: Charitable Acb'wties Govemance Costs 62,610 51,329 62,610 78,205 51,329 45,762 TOTAL RESOURCES EXPENDED 113,939 113,939 123,967 NEf INCOMEIEXPENDrruRE FOR THE YEAR BEFORE TRANSFER 13 Net Movements in Funds (6} {6) {13,207 Total Funds Brought Forward 2,722 23,310 26,032 39,239 Totsl Funds Carried Forwdrd 2,722 26,026 2,632
tK)MINION CttRISTIAN CENfRE FINANCIAL STATE.MENTS AND IRUSTEES RElf)RT YEAR F,NDED I APRIL 2025 NOTE BALANCE SHEET 2025 2024 Fixad Assets Tangible Assets Investments 20.311 132 20,425 132 CURRENT ASSErs Debtors Cash & Bank 3.869 1,714 3.869 credit . falling due within one ye NET CURRENT ASSErs 76 Creditors.. due over one ye NET ASSETS INCOME FUNDS Resthcied Unrestricted 26.026 2,722 2,722 23,310 For the year ended 1 April 2025 ts o)mpany was entsued to exempti¢)n under Section 477 of the Companies Act 2C(6. No Mbers have requir&J ts cx)mpany to obtain an audit of its COUnts for the year in question in accordan wdh Section 476. Tr trustees thowe their resFonsibility ts.. i). Ensuring the company keeps nting r[d$ whth coMY 'On 386 and 387. li}. Preparing accounts which give a true ¥KI fair VEW ofthe state of affairs of the company as al the end of rts surplus and deficrt for the final w in &Xthan 1th section 394 and 395, and Ithich olherwse comF4y the requirements of the CoMpanS Act relating to accounts so far as appIable lo the company. Approved by the Trustees on.... .. . .. soned on their behair These accounts are prepar&J in &0)rdan ith the SORP 2CQ5. All incoming resources and resour eX[ded (kftve from continuing ivities. CHAIRMAN TREASURER
DOMINION CHIUSTIAN CENIRE FINANCL4L STATEMF.NTS AND TRUSTEES REK)RT YI.:AR ENDED I APRIL 2025 NOTES TO THE FINANCIAL STATEMENTS- I APRIL 2024 ACCOUNTING POLICIES Accountin These )Unts have trttn dravm up on the basis of a going L7)nrn and the financial stslements prepared under the htstorical cost (J)nvention in XCOrdan with applicable Standards, Financial Rewrbng St&dards and the Charib'es Acts 1992 & 1993. The statements comply Vlith test practice and reflect ts requirements of the ViSed StaterrÈnt of Recommended Prth (SORP} 2 "Accounting for chants. nition In Income and E%¥endilu are recoJnised on an rUal basis. EDnations and legxies are accounted for as received ar accru only when a value can te establish&J belore payment is re1Ve. G•noral Fund Revenue grants and other income and exFerKlilure assrriated wth the general operatKins ofthe charity and ts intemational le5 dealt with in the General Fund, R•$trict¢d Fund These comprise donatiLMS, legaues or other income, the use of which has been specified by Ihe dorK)r. There is currently no reStrIG fvnd. Endowment Fund There is currenlly no end0nt fvrKI. All fixed assets are capitslised. The charge for depclab.On is calculaled to wrfte off the cost of the fLxed assets over their u*ful lives on Ihe following bases.. Musical Equiprwtt Motor Vehicles Fumiture & fittings 25% on the r&Jucing balan 25% on the r&Jucing balance 25% on the r&Jucing balance Assets are deprectated time at which are brought into use.
DOMINtON CHRtSTtAN CENfRE FINANCIAL STATEMENTS AND IRUSTEES REFf)RT YEAR ENDED I APRIL 2025 2. INCOMING RESOURCES UNRESTRICTED RESTrICTED DESIGNATED TOTAL TOTAL FUNDS FUNDS FUNDS FUNDS FUNDS 2025 2025 2025 2025 2024 Donations {including Gift Aid r6roverable) Grants and Income from trust 113,918 113,918 110,760 113918 113918 110 760 3. RESOURCES EXPENDED COST OF GOVERNANCE OTHER TOTAL TOTAL CHARITABLE COSTS RESOURCES 2024 2023 ACTIVITIES EXPENDED Dlrocts Costs Stsff Costs 33 26 438 33 806 26 438 IndSrect Costs Charitable activltl•3 Offi¢• & Admin Costs Depreciation Charges 28,804 51,767 51.217 51,217 45,612 112 112 150 80 133 97 529 TOTAL RESOURCES EXPENDED 610 113939 123967
DOMINION CHRISTIAN CENTRE FJNANCIAL STATEMENfs AND TRUSTEES REK)RT YEAR ENDED I APRIL 2025 4. TANGIBLE FIXED ASSErs Computer & Musical Equip Fumiture & Fillin95 Motor Vehicle TOTAL Building COST.. At 0110412024 AI 0110412025 19,976 19,976 63,224 63,224 5,750 119 742 5,750 119,742 30,792 DEPRECIATION: At 0110412024 Charge for the year At 0110412025 30,671 62,5 80 62,985 5,742 99,319 112 5,745 99,431 30,701 NET BOOK VALUE:. At 0110412025 At 0110412024 91 121 239 319 19,976 8 20,425 6. DEBTORS 2025 2024 Oth8r D&tlo 10