Client: CHERUBIM AND SERAPHIM CHURCH
SURULERE
AYO NIO TRUST
ACCOUNTS
FOR THE YEAR
2024
' COLINSON AND COMPANY LTD
210 CHURCH ROAD
REGENT 88 OFFICES
LONDON EIO 7JQ
Accountants and Tax Consultants
Tel: 02081271180

CHERUBIM A]ND SERAPHIM CHURCH
SURLILERE
AYO NIO UK TRUST
FOR THE YEAR ENDED 31 DECEMBER 2024
CONTENTS
PAGES
I. CHARITY INFORLktATION
2. EXAMINER REPORT
3. REPORT OF HONORARY TREASURER
4. STATEMENT OF FINANCIAL STATEMENrs
5. BALANCE SHEET
6. ]YOTES TO THE ACCOUNT
7-10

CHERUBIM AND SERAPHIM CHURCH
ISURULERE
AYO NIO UK TRUST
CHARITY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
CHARITY NUMBER:
1080961
ISTERED OFFICE:
46 PARK LANE
TOTTENHAM
LONDON N17 OJS
ACCOUNTANrs:
COLINSON AND COMPANY LTD
ACCOUNTANTS AND
TAX CONSULI ANTS
SUITE 113 REGENT 88 OFficES
210 CHURC14 ROAD LEYfoN
LONDON EIO 7JQ
Pase I

ACCOLTKfANT'S REPORT
CHERUBIM AND SEIL4PHIM CHURCH
SURULERE
AYO NIO UK TRUST
FOR THE YEAR ENDED 31 DECEMBER 2024
We have exan)ined the acwunts of the church for the year ended 31 December 2024 which are Set
out on pages 5 10 10.
Basis of thc Rc
ort
Our examination w&8 carrted out in accordance with the General Directions given by th¢ Charity,
Comtnissioners. An examination includes a review ot.the a¥counting records kept by the charity and
a comparison of the accounts presented those records. It also includes consideration of any
unusual iterns or disclosurcs in the accounts: and seeking explanations from you as trustees
concerning any such Jnatters. The procedures undertaken do not provid¢ all th¢ evidence that would
be requiTed in an audit, and consequently we do not express an audit opinion on the view given by
the aecounts.
In connection with our examinatio￿ no matter has cO￿e to our attention:
(i)
Which gives us reasonable cause to believe that in any material respect the requtrements
to keep aC￿Untin0 records in accordance with section 130 of the 2011 ACL and
to prepare accounts which accord with the accountino rccords and to cO￿pIY with the
accounling requirements of the 2011 Act.
have not been met. or
(2)
to which in ovr opinion, attention should k drawn in DrdeT to enable proper
understsndkng of the accounting to be Icached.
,INSON AND COMPAIYY LTD
ACcOuP￿ATr4T5 ALYD
TAX CONSULTANTS
SUITL 113 RECEwf 88 OFFICES
210 CHURCH ROAD LEYTOI¥
LONDON EIO 7JQ
P2ge 2

CHERUBIM AND SERAPHIM CHURCH
SURliLERE
AYO.NUO UK TRUST
REPORT OF HONORARY TREASURER
FOR THE YEAR ENDED 31 DEcEI￿BER 2024
The Treasurer hgs pleasure in presenting the Annual Report and Financial Statements for th¢ ycar
ended 31 December 2024.
Ob ects of the Church
To geek to glorify God with the preaching of the Gospel and the ministy of the work and impact on
the communit). positivclv.
Princi
al Activities
The principal activity of the organisation throughoui the period was the propagation of the Word of
God.
Page 3

CIIERUBIM AND SEIL4PHINf CHI￿cH
SL'REILERE
.IYO _NIO LTK TRU-ST
REPORT OF THE HO.NORARTr" TREASURER
CONTD.
FOR THE YEAR ENDED 31 DECE]WBER 2024
Church Aetii.'ities
Spreading the ￿'ord ot God and proclaimillg the ￿aChingS of Jes￿8 ChrisL
Counselling peoplc ￿ rc5pecÈ of the: peryonat problems and looLitkD after people with
spiritual needs. Giving spiritual healings to 2nd the publÉc 4 large.
Transaction and Finan¢ial Positio
The OTganisation received contributions from members the amount of £57.468 is made up of
Tith¢s - £9,5?4" Off¢ping5 - £3176" coll￿1￿0￿ - £8?. ThaDksgii'ing £5,i82, A￿niverSa4 £9.701
HaTh'esi £1 ?58: Buildlng Fund £J43. Donations Fl 5,?00 and others amounted 10 £640.
Also recei￿¢0 an imetes101 £86J on the fLK￿ deposii and other income of £U from events and
special programme.
I'an "ble Fixed Assets for usc bv the Chariiv
The organisation had a significant addition to its tangible fixed assets dur&ng the perio(L
Taxation
There was no provision for tax liability on the ffguli of the year as the organisation was
Reoisiered Charitablc Organisation- Charity lio. 1080961.
ointments Officers who served
The OfTi¢ers of the organis￿10￿ who served during th¢ year wete a5 Follow3:
F A Abatti. J F A Ajal4 Sola Oni. BÉEnkn Aitkens ttlld ycWaE￿C Babayemt
Accoun
Colinson and Company Ltd has shown their iVTIEingness to continue in setwce. The re-
appointnieBt to act as Accountants V¢ill k put to th¢ Offi¢¢Ts at th¢ir mtttins.
Trustees
J F A Ajal4 F A Abatti: Biodun FddaÈto. Ayixlele-Alat2 and Y
Babavemi
BY ORDER OF THE HONOliJlR Y TREASURER ............
DATE
Page 4

CHERUBIfvI AND SEIL4PHIM CHURCH
SLqIULERE
.4Yo rilo UK TRUST
STATEMETIT OF FLNANCI.4L ACTIN'ITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
restricted Ros¢ricted Eodo}VTh￿llt
Funds
Funds
Fullds
Total FvDd5
2024
Notes
21123
INCOME
InLomin8 resoEErce5 from donors
Oilier incoming resources
45.506
45.506
863
50.535
TOTAL ENCOMING RESOURCES
RESOURCES EXPENDED
Costs of generdting funds
Mi55ionary and Charit3ble givFng
A¢*ivities dire¢tly relatinb to tht
work of the church
42,621
42.621
59,414
Church matiagement and gdministration
6.2T2
4.935
roTAL RESOURCES EXPENDED
T INCOMINCI(OUTGOING) RESOURCES
JAENS AND LOSSES or4 ti¥VESTMETrrrs
PAgc S

CHERUBIM.4ND SERAPlttM CHURCH
SURL-LERE
Al'o f*'lO L'K TRUST
BALANCE SHEET AS AT 31 DECEMBER2024
Z024
2023
FIXED ASSETS
Tangible Assets
325.943
318.984
CURREIYT ASSETS
Debtors & Prepayments
2,059
20)9
Cash ai Bank
i7.$44
47,08?
Cash in Hand
COIF Charities Deposit Fund
71.303
388.6iO
-URR£NT LIABILITIES
-reditor$ attd Accruals
?90.347
3.077
386,120
.ONG TERM LIABILITY
i87,270
.oan
'D4AIYCED BY:.
.ccuttrlULAT£D FUNDS
alance BIF
387.270
)93,881
rior Year Adjusiment
dd- (r)eftcttyg.Tlug
6.611
PPROVED BY THE BOARD OF TRUSTE
s oN_.-....
ISTOR F A ABArn
HON TREASURER
',NIOR APPOSTLE J F A AJALA
CHAIRMAN

CHERUBIM AND SF.nAPHIMI CHURCH
SURU-LERk
AYO 5,10 tiK TRUST
NOTES TO THE VINANCL4L STATEMErwrs
FOR THE YEAR EP4DED 31 DECEMBER 2024
I. ACCOUNTING POLICIES
#. The accounts prepared under the historica] c051 convention %*ith the exc¢plion of investwnents which
are stated at ￿arKet valu¢. They comply with the requitetnents of Stxtement of Recommended Prdctice
'Accounting Charities, ('SORP) and are accordaEtce wtth applicable accounttng standard5.
b. General accurnulated funds are funds available to the church for its geneial purposes and
include funds designaled by the Chlirch for a panÉeularpurpose- the use olsuch design&ed funds
remain5 at the discreTion of the Churchs I"rustees.
There ts no Restrtcted Fund at the mornenl.
d. The goveinance. managenTreni and administration expenses reN)rted in note J relate to the whol¢ of ihe
Church's aetivities and a proportion of t1*5e charges atE allocated to expenditu￿ headings on a basis
consistent with the u5¢ of th¢ ThUTces.
Investments 2re stated at mthet Value. It is the Churchl
s poli¢y to ke¢p vaIuations up tti datr such th
when investmenis are sold there is no gain or loss artsing io previous years.
r. Tangible asscts air illcluded at cost and depTeciaiion is provided on a sÈraight ITne basi4 in order to write
off the asseis over their useful lives.
All expenditure is accounted for on an Accrual Basis.
rhe depreciation rntes are as folloivs:
'i¢ehold building5
¥inting equipment and computer hardware
'iKtures and Fittings
>tudio and Musical Equipment
Iporl Equipmeiit
114COIVIING RESOURCES
Nil
loy
IOYO
200/0
Total Funds
2024
2023
Unrestritted Restricted EDdowment
Funds
Fllnds
FuDd5
IncomipFg resourceNfropn do•wrs
Planned givittg:
Tithes
Missionaty Funds
Collection (open plate) at all servi¢
Off¢ring
Harvest
9,524
9,524
10.901
82
82
557
1.258
243
9.702
Si82
15.?00
Building ftlntt
Anniversary
Thanks giving
DonatK>nS
Oth¢rs/lni¢r
TOTAL INCOMINC RESOURCES
1.258
343
9.702
5.582
15,200
12,913
7.293
16,375
3.287
t ￿69
Page 7

CHERUBJM AND.SF.kAPHIM CHLERCH
SURU-LERE
AYO.P*lO UKTRL',sr
NOTES TO THE FINANCIAL ST.4TEMENTS
coNrD.
FOR YEAR ENDED31 DECEMBER2023
INTEREST
2024
2023
Interest of COIF Deposits
Bank Interest
933
O(neÈ
Printinv FixthTts &
Ib.
FIXED ASSETS
Freehold
Pro
Musieal
Total
200A
20Y
10/0
IOYO
Cost
At l January 2024
Di5posai
Addition
At 31 December 2024
314.689
1.5(X)
8.5(Kl
i3 J83
11,072
369,IM
7.957
9.267
re ate De
reeAAtio
BIF- l January 2024
Disp05al
Charge for the year
Ai 31 December 2024
1,51KJ
8,5(Kl
29.088
50.160
2.308
Net Book Value
Ai 31 Dcceniber 2024
At 31 December 202J
14
Page 8

CHERLTBThI SERAPHIM CHURCH
SLfRULF_RE
AYO NIO UK TRUST
NOTES TO,STATE.IIENT OF FINANCIAL ACTIvrrIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
TOTAL INCOMING RESOURCES
Tithes
Mi55ionary Funds
Colleetionlopen Plate) at all Service
Offertng
Harvest
Building fund
Annivérsary
Thanks giwng
Donakn'ons
(hhers
Int¢resi fro]ll Deposit Accoums
9.524
10.901
82
3.176
1258
342.60
9.702
5_582
15,200
557
12.913
7.293
45.506
863
i6,536
933
40J69
XPENDITURES
MISS10Tr4ARY ICHARrtABLE GIVING
S9.460
Mis5iQndry giving
CHIIRCH RiJNNtNC ACTtVlTIES
Rents
12,22)
Light & Heating
4,033
Funernl Cost
1200
Water Rate
218
Advcrlisement & Flyer5
175
Honourariu
1,704
Harvest IChEldren & Adult)
l.ioo
Legal & Professional fees
Chyitmas Party
Radio Broadc&4t
Printing Postases & Station¢ric5
Telephone Expenses
Aiiiiiversarylsummer Fun Day
In5uranr
Church Officiating Mal¢rials
16.3IHI
2,193
213
1,529
4.680
2.727
2,517
4.596
1,448
6.154
2.634
2,707
413
2&916
43,609
CHURCH MAll4iTENANCE
Church Cleaning
Repairs & Maintenance
Waste R¢moYal
Decorations
2.602
1.030
1.594
2,960
Page 9
3.632

CHERUBlITrl.4ND SERAPHIM CHURCH
SURU-LERE
.4YO.NIO UI( TRL'ST
NOTES TO THE FLNANCL4L ST A TEltrtEI'TS
CONTD.
FOR THE YEAR E_N'DED31 DECEMBER 2024
EVANGELISM
Mi55tonary Tiav¢lling
Missionary Giving
4.124
6,803
4.601
iQ446
11,404
WELFAREICOMMUNITY EXPENSES
Welfare
298
C.ommllnity Expenses
769
298
709
ADMINISTRATION
Sundry Expenses
Pastorial Expenses
Accountancy fee
Depr¢ciation
Bank Charges
187
1.031
li08
1,031
3.362
271
47
ET JNCOMINGI(OUTGOING) RESCOURCES
Llnr¢stritt¢d Restrifltd E￿d0￿M
Fund$
FuDds
T t21 W￿rIdS
2024
2023
5. RESOURCES EXPENDED
5a.
Mi5sionttry and charitqble oiwn2.'
A£YhJzties dlreetly reltsfvng ¢0 ehurch work
Church_ running expenses
chU￿h maintenance
Evangelis
Welfar&lCommunity Expenses
28,916
28,916
2,960
10.446
298
43.609
3.632
11.404
769
10.446
798
Church munuRement undadminislrutioft
Administr2tion I
Administration 2 (Deprcciation)
Bank Chao¢s
2,591
2.591
2,308
1,302
3,362
271
373
TOTAL RESOURCES EXPENDED
COFI - Charity Funds
22
Pa￿ 10

CBERU8IM AND SEIi4PHIM CHURCH
SURIS-LERE
A YO h70 LEK TRUST
NOTES TO THE FI.)ANCI.4L STATEMEYTS
CONTD.
FOR THE YL4R ENDED 31 DECEMBER 2024
BANK BALANCES
HSBC- Accouni No. I
HSBC- Account No. 2
Barclays Community Account
23.749
2.040
11.755
23.749
2.040
32.945
3,i88
10.549
COIF Charities Deposit Fulld
Balance Blf
Add: HSBC I
Add Inierest
22221
21221
22,221
21.288
933
22.221
23.084
Less Transfer to Curreni Account(Barclays)
Less Tratisfer (Unpresented Cheque)
22
Unr¢5tricted Restricted Endowm i Totgl Fullds
Fllnds
Funds
Funds
2024
CREDrroRS AND ACCRUALS
2023
B21ance BIF
Less Paytnents
Accoufttaficy aEid Book-keeping
HMRC
Others
1.426
1.426
1,993
1.085
1.085
1,084
077
LONG TERM LIABILITY
Loan
Debtors BIF
Uncrcdited transfer COIF Charity DetK)Sit
2,059
659
659
PagÈll