SWORD OF THE SPIRIT EVANGELICAL OUTREACH Charity REG.No:1081609 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2025 MOSES-BOLE&CO Chartered Certified Forensic Accountants Certified Professional Accountants l Tax Advlsers & Business Chartered Management Consultants
SWORD OF THE SPIRIT EVANGELICAL OUTREACH Charity REG.No:1081609 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2025 OSES-BOLE&CO Chartered Certified Forensic Accountants Certified Professional Accountants l Tax Advisers & Business Chartered Management Consultsnts
SWORD OF THE SPIRIT EVANGELICAL OUTREACH CONTENT Trustees and AdvlseT5 Trustees. Report Indgpendent Examlner"s Report b) the Tru5teas Statement of Flnanclal Activlties Balance sheet Notes forniing part of the Flnanclal Statement 7t017
SWORD OF THE SPIRIT EVANGELICAL OUTREACH LEGAL AND ADMINISTATIVE INFORMATION Genaral overseer: Rev (Mrs) Adekunle Trustees: Rev (Mrs) Adekunle - Chairperson M Aiyegbusi - Chairperson Mr Bayo David Rufai Mr Lanre Olotu J. Johnson Registered Office: 305A Sprowston Mews Forest Gate London E7 9AE Minister In Charge: Rev.(Mrs) Adekunle Charity No 1081609 Bankers Lloyds TSB Accountants MOSES-8OLE&CO Charter•d Certifièd Foren$i¢ Accountsnts CertlfIod PrOf810nal A¢¢ountants l Tax Advi¥ers & BlIS Chartered Managom•nt Consultsnts 39 SL Brelades Court Balmas Road London N1 STW
SWORD OF THE SPIRIT EVANGELICAL OtrrREACH TRUSTEES REPORT FOR THE YEAR 31 OCTOBER 2025 The Trustees have the pleasure in subm1ng their report and accounts for the year ended 31 st October 2025. The financial statements have been prepared in accordance with the accounting policies set out on pages 7 to 10. and comply with the statement of Recommended Practi (SORP), issued 16th July 2014, and the Charity Act 2011, and applicable law. Ob eetive and Activities The principal objective of the Charity is the advancement olthe Christian faith worldwid¢ and the Telief of poverty The Tnee8 are delighted to rqM)rt that the Church continues to flourish spiritually by minister[[ to its community in the UL The church is groviing in membership and is expanding its outreach to the community. Structure Governance Mana ement Constitution The Charty is constituted under a Trust Deed and Charity registration Number 1081609 on the ntral register of the Charity Commission of England and Wales. Method of A ointment or Election of Trustees The management of the charrty is the responsibility of the Trustees, who are elected and co- Opted under Ihe tems of the Trust Deed anisational Structure and DeciSionakin The church is organized so that the trustees meet regularly to manage its affairs. One Minister who manage the daY-tdaY administration of the church, and volunteers Achievement and Perforniance Sword of the Spirit Evangelical Outreach ISSEOI organised and with BIG success celebrated the annual conference In september 2025. Othe annual conferences which were SSEO women of faith and Mother Eunice Parent Awareness Scheme. Our youth went on community outreach on quarterly basis and integrated with the other youth in the community. SSEO organised a day retreat to ALL Nation Christian College at Wale. It was very successful with a lot of activities for both young and old members. During the year we went on the community Evangelism and gave the people in the community food and drink Future Develo mentsthe The Church will continue to explore various ways of spreading the Gospel of Christ effectively. The Charity is also looking to grow in membership and continue to develop its members.
Revlew of Financial Position The net ino)ming resources for the year amounted to £5,853 Iyr 2024 £19,460). All these have been UnStric reserves. and no fund is allottwj to restricted projects. Risk Pollcy The Trustees have assessed the major risks to which the Charity is exposed, particularly tho: lating to the operations and finance. and are satisfied with the risk rnanagent system In pla to mitigate any risk exposure. Reserve Policy The trustees have estsblished a policy whereby the unrestricted funds not committed or Invested in tangible fixed assets (the free reserves] held by the church should be 3 months Of annual expenditure. We are confident that with every precaution taken and akn nSidering the pace of grob*th in Charity's operations and finances, we would be able to sustain the current activities of the church in the event of a significant decrease in funding. Prfncipal Fundlng This is provided mainly through voluntary tithes and offerings by the church members Realisable pledges are also taken for SIfiC projects The Trustees during the year undef review were." Rev (Mrs) Adekunle, Mary Aiyegbusi- Chairperson David Rufai Stephen Olotu Jack Johnson Approval This report was approved by the Board of Tntee8 on Date...... 161 SecretarylChaim)an". -.Signature...
MOSES BOLE&CO INDEPENDENT EXAMINER'S REPORTTO THE TRusfEES OF SWORD OF THE SPIRIT EVANGELICAL OUTREACH - SSEO I report on the accounts of the charlty for the year ended 31 October 2022, which are set out below and notes to the financial statements on pages 7 to 17 Respective responslbilitles of Trustees and Examiners As the Charivs Trustees, you are responsible for the preparation of the accounts- you consider that an audit 15 not required for this year (under section 144121 of the Charity Act 2011lthe 2011 act) and that an independent examination is needed. It is my responsibility to Examine the account (under section 145 of the Act): follow the procedures laid down in the General Direttions given by the Charity.. Commission (under section 14515) Ibl of the 2011 Act and State whether particular matter5 have come to my attention. Basls of Independent Examinerfs report My examination was carried out in accordance wlth the general directions given by the Charity Commission. An examination includes review of the accounting records kept by the Charity and a comparison of the accounts presented wrth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the Tnjstees concerning any such matters. The procedures undertaken do notprovide all theevidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and falr vie, and the report is limited to those matters set out in the Statement below. Independent Examinerfs Statements In connection with the examination. no matter has come to my attention: l) Which give me reasonable cause to believe that in any materlal respect the requirements To keep accounting records in attordance with sertion 130 of the 2011 Act,. To prepare accounts which accord with the accounting records and to complywith the accounting requirements ofthe 2011 Att have not been met or 21 To which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be ached Moses O E Igunnubole. BA (HONSJ FAI4 FCPA FF4 CPF MOSES-BOLE&CO FIC CA T... Chartered Certified ForensicAccountants Certified Public AccountLTnts/faxAdvisers And Business Churtered Management Consulton DA TE.. 2q 07-2026
SWORD OF THE SPIRrr EVANGEUCAL OLrrREACH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2025 R&strKtsJ EThJow. ment PUSS Prior y8ar Funds Nots3 UnrestrKbJ Funds T¢)tal Funds FuThls Incomlng r•Murc In¢ome and endomnts from: Donations ar¥J legacig8 Other In¢omo'. Profit frc¥n asset dl8posal Total 34.071.07 34,071.07 27.157 22.096 49,253 34.071.07 34.071.07 xp•ndltur• onz Diract Cost Support Cos1 Governane• Cc4t Total 2.213 82 36, 20 7S0C 39,924.02 2,213.82 36.960.20 750.00 39.92&02 1,SS2 27.492 750 29.794 N•t mov•m•nt In fund• 6W2.95 1,862.9S t9A60 R•¢onclll•tlon of lund Total funds brought forward Pn'or YearAdiuslm•nl r•gar¢liry A88•tdMwl Total fund• 1•{1 fopwanl 218,719.06 3.157.88 206,708.13 21LI.719.08 198,269 3.157.98 206.708.13 216.719
ALANcE5NE AS AT JISYQCTOBER 2ty Totsl Last Y•ar FLa¥J5 Fund5 Ftw Fund¥ Flx•d •s9ets T8nglble gssets 207.084.07 207.084.07 207.OB4.07 207.OB4.07 193230 193230 Current Debto¥s & Prnp8yments Cash al bank gnd In hand Tolal ¢)JfMI wels 11500.00 5.683 18,183 2.499.C6 99.08 2,499.r 2 499.06 ¢dItS. 8mowts 1kn9 dug hilPin ¢)ng 1875.11) 2.875. 1.645 Net rJJTTerrf 8sseWOi8t4tt188) 375.94 375.94 16.538 ,Th.13 2(E.7LIB.13 2(.768 CredRo. arnounts faifir6 after w ygor Pro0n$ for fAbi 5.951 206.713 206,70&13 215.719 Funds of the Charlty Unrestricted fijnds Revaluation Sen Totsl fvnd$ ,708.13 2(,708.13 215.719 106.708.13 208.708.13 215.719 Slgned by one orhvo trust888 on ljehafof 41 fv tnLst&&' 17). Prinl Name: Rtrd. Mfk¥LC ¥HIGT - i . Pff>EKu A LE
SWORD OF THE SPIRIT EVANGELICAL OUTREACH NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31STOCTOBER 2025 Not• 1 B•$ls )• pr•yrntio 1.1 Bas1• of aceountlng These 8¢counts have been prepared under the historical cost convention rtems recognised at cost or Iransathon value unless otherwise stsled in the relevant notelsl to these accounts. The accounts have been prepared in acCctsn with the Financial Reporting Standard applicable in the UK and Republic of Inland (FRS1021 issued on 16 July 2014 and wth lh8 Ch8rttles Act 2011 8nd the Chanty conslilutes a public benefit as defined by FRSI02. 1.2 Ooln9 ¢OnC•rn Conslderlng tho Stead lèvel of Incomlng r•sour¢•s andm•mborsh* number th• Chartty Is a goln9 ¢oncem wllh no any known unforns88n uMstanc• 1.3 Chang• ol •ccountlng poIIcy The accounts present a true and fair aNt the accwnting Fdicies adopted are th OLrtlined in the not6 With no change in policy 1.4 Ch•ng•• to aee•untlng ••tlmat•• No change8 to accounting estsmatss have In the repthng p10d (3.46 FRS 102 SORPI. 1.$ Mat•rf•l Prior y••r •rYorn No materi81 prior year adjustments have be•n identified in Ihe reFthng peric¥J {3.47 FRS 102 SORP).
SWORD OF THE SPIRIT EVANGELICAL OUTREACH NOTE TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST OCTOBER 2025 Motg 2 Z1 RECONCILIATION TH PItEVIOUS GÈNERALLY ACCEPTED AccovKnNG PRACTICE The k8 no change in 8Ctountiog polKy tn this 2.2 INCOAIE This standard list of 8¢xx)uniing poTr(s has teer+ applEd by the dwnty &xcpt fgr Ihose I¥ed No or 'Nla" Where a drfferent or add0 has been ad¢)pted then thr4 ts <tsikd in the box b8kJw. R•¢OHIll)n of Incom• These aFB induded Mi the Statwnent ol Finanoal ALtivrW ISOFAI wh8n.' . Ihe charity bec4xnes enbued to the resourc . it is mor8 likely than notthat the trv5t8es wll rec4Ne the resour5,. and . ttte m¢)netary value Ixn aAre wrth suffKnt rulHbty. Offsettlng There has been no offsetting of sets li"lrts. ruyne ejpnse Grants and donatlo Grants and donations are only induded in lh8 SOFA when the ge irfft rec£gn11# (4iteria are met15.10 to 5.12 FRS 102 SORPI. In the case of perfO[man reL81& grants, in(XX rnust onty be rELxwJned to the ext8ntthat the chanty has provbjed the goods or a5 enlrfemert to th8 grant onty octu wh8n the perforrnar retad condttiws rnet15.16 FRS 102 SORPI. L¢gaci•8 Th 1$ no legacy red duriThJ thi$ pwwyj. fjov•rnment grants No government grant was recewed durrg IhLs Tax r•¢lalms on donations and 91ft Grft re(eNats Ind in inwme when th8r8 K8 a valiy decjara1K frtyn the donfx Any Grft amount recxjvered on a donab.on rs consKfered to be part of Ihat 9ft and is tyeatsd 88 8n addition to Ihe 5arne fund a$ tt 181 donaon unkss the donor OT the fern ofthe aFpeal hawe wIfd otherwise Th is not appliratse There no donated goc¢J. Donat•d soThlco4 and fellltl Donated servKe5 and f8¢ilitss ar8 Ip Ihe SOFAwhen att vahJè ofthe gth to tho ¢harity provided the value ofthe gift b8 rrwurJ r84atty. Oonated serwces and farililE5 that are ¢>)rtsurrkd unrnedkatety ar8 recoan as ino)m8 wth an 8quIv8nl amount reccgnLsed as an expe under the apwowale in the SOFA. Th8 ¢harty has inrJJThl exwTrJiture $upwtc#sts. Voluhl••r hP The value of any voluntary help reced is not in Ihe attnts but i8 descri*d in the trusiees, annual mporL
Not aptyKable durtng Ihis period. Trthes 8nd offeriNJ re1Ved frorTh m8mber6 are in the nabjre ar8 as Don8)ons. an¢ Legac Insurance daims arg only included in SOFA en the genefJ Sic¢ re¢L¥JnitwJn uiteria are met15.10 to 5.12 FRS 102 SORPI aThJ as an item dother in(xMne in the SOF Iiiv•stment galms and 10$08 Thi5 Includes any alised or unt88lts•Y gains ¢v keS on the sth ofin¥estrnerts arkl any gwn or kJ58 Ults.ng from rulg eStsments b) ma&1 value at Ihe eTrJ of the year. 2.3 EXPENDITURE AND LIABILITIES Llablllty re¢oynltlon Lthilrtts are recegnk8ed %th8re It is more likety Ihan not that lh a 1 or corBtrucDv8 obligation cwnrnitbng th8 thanty to pay out resources and ttE arnt ofthe otyYJab'on ¢an be measurwj with reasoryab certainty. supp c4sts have bEen allocatsd beknn govemance (thts and other sJpporL Govemance 8t8 comprts8 all costs invofvmg publi¢ accountability ofkn chanty aryj ts rmip14an r8gukqtK)ft and good practir. Support Costs include central frJnctKJrts and have been albc8led io (xxt catwrEs on a bags consistent wth the use of resourLw, kx2"rg prcperty Costs by fkKJT area5. or p8rcaprta. staff o)st$ by tine spent aTra other (sts by u8age. Orants wlth p•rforn?an¢• conditlons Th8 Chanty is not awardiro grant to any ganis01Jn Where there a no conditions attaching lo grant that enables thè donor charity to allS11 avoYJ thts ccthrnthn( alobilty for fvy ling ¢JblYJaticn must be rThL. R•dundaney ¢ost Th8 charty made no r8duThYaw during the rep K. No material Item of deferr•J tnwne has be in(J in ts accounts. Crodltovs The charity has L¥editors whwth are ftknured ai sethM8Wts any tradedw)unts Provislons for Ilablllti A liabilty mtsasured on r6ccgnM at it8 hthri¢al cost and tsn sub58quenty rne8sud atthe best estynate ol the arTr)unt T4uirwJ to ¥¢ttk Ihe oblvJation alts wrbng dat6 Basle flrban¢lal instrnments The charty accourts for bas finanual irthrnents on Trcc#3nrfn a5 per pa3raph 10.7 FRS 102 SORP. Subwuent measurerr*nt i% as per patagrath 11.17 to 11.19. FRS 102 SORP.
2.4 ASSETS TanglbJ• fixod •ts for us• by ¢hwlty Thes8 are Capitarts can be used for than 0 . at laast They are valu8d at co The depreck8kn rates and m•thod$ a ift 14. Intsn9lbl• Ilx•d au•ts The charty ha$ no inlangibb fixed a$88ts, that is. non-rrnw assèts that do not phy5 $ub5tan¢8 but am enIable and are eontrow by the chanty through tsJ5tody orJ8gAI TrJhts. Th amortisabon rates and methcJs u$8d a dd0$$d appltsb. They are Wdlued at cost H•rltag• ¢harty h8$ no h8n a$80ts, Ihal B, non4llry with htsiorlc. arllsbc. srntir technological. geophysral or environrnental qualit5 Ihat are hekl arJ maintained princapolty fortsr contribution to knowl 8nd cuttum Tho ¢Jépr8C4atK•n ratss wthod8 ustsa 88 L6cbs¢d (n note 16 is not applicable during IhKB perr•J but rfaVaikn thoy ar¥ lUe at co¥¢ Inv•stm•nt• Fixed assat inv6strnents li quot8d 5horfrs. tsaded bond8 and ¥imilr irN8strrnnts ore valwl at inibgl 81 ¢051 and Sub8wn1ty at fair v8lu• I11rMa0t value) at Iho yoaf •nd. The same treatmènt is 8pplied to unlis•d Investrn8nts unkn• falrlu0 cannot ly• mo¥•u case rt m•aSUr At Ca81 kn im1nt. Investrn8nts hèk4 for rtsakn or p8TrJing their sak• End cash e4sh Wth a m•tuity dat• of kx$ than 1 year are treatsd a6 rr•rtt agrel •trnanth Stocks held for 85 part of non-charitable tr ar• mured ot ce4t or r•t reallsabkn valu•. Geod8 or $er¥u8 wovhJ8d 48 P•rt of a tharrtab ocb¥ty ar• at rf roalWk• valu• b88ed on the r¥I¢ potenlial pro¥ed by rtems of slcth. Work in prtsar k• v8lu•d at cost * arry kx8 thgt Vs to ocojr on lh• eth>tract. D•btov• tor8 Ilncluding tr&è d¢btorJ anL1 loans rec•Nabl 8rn measu1 on inthl rec4Anibw at sottment amount aft•r 8ny discounts or 8d¥ancsd by the ¢harty. SubwueTrty. b)ty 8r8 Trw•sured at Ihe orotlw corKlornlk)n oxyL8d lo rBwrt•J. Cyvr•nt a•••t inv••tm•nts The cA8rtty has no investrmnts whTeh ft holy8 for or p8ThYir¥ trr 8Bl• and cash •nd cp8h equi¥al8nts wth a maturty t10ts than ¢ne Jr. Th8se IrKIj& on depxrt and equNalenls %Mth a maturty dale of thath one y•Ar hefvJ for inve8ts)Wffl purF4)tsB ratkn than to meet Short term ¢8sh commitments 14U dw. Th•y Are valts•d •t lair ex¢•pt wh•r¢ Thy qLi811fy •8 ba•t POUCIE8 ADoFfED ADDITIONAL TO 011 DIIIVERE•IT FROM TNoJe A8ove Therg 18 no any other poli *pied.
SWORD OF THE SPIRIT EVANGEUCAL OUTREACH 140TE TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST ¢XTOBER 2025 N•t• 3 Prfor year Funds Fund$ Fur DM8tions 8rn1 gifta- TNhBs aTrl Total 34,071.07 34.071.07 31071.07 ¥071.07 27.157 27,157 Proft on A%sot TOTAL 114CQII J4,071.07 ¥071.07 49.203
SWORD OF THE SPIRIT EVANGELICAL OUTREACH Charity REG.No.'1081609 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2025 OSES-BOLE&CO Chartered Certified Forensic Accountants Certified Professional Accountants l Tax Advisers & Business Chartered Management Consultants
SWORD OF THE SPIRIT EVANGELICAL OUTREACH Charity REG.No:1081609 TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2025 OSES-BOLE&CO Chartered Certified Forensic Accountsnts Certified Professional Accountants l Tax Advlsers & Business Chartered Management Consultants
SWORD OF THE SPIRIT EVANGELICAL OUTREACH CONTENT Trustees and Advlsgrs Trustegs. Report Independent Examlner's Report to tha Truslees statsment of Financial Actlvllles 8alanc• sheet Notes fomilng part of the Flnanclal Statement 7t017
SWORD OF THE SPIRIT EVANGELICAL OUTREACH LEGAL AND ADMINISTATIVE INFORMATION Genaral overseer: Rev (Mrs) Adekunle Trustees: Rev (Mrs) Adekunle - Chairperson Aiyegbusi - Chairperson Mr Bayo David Rufai Mr Lanre Olotu J. Johnson Registered Office: 305A Sprowston Mews Forest Gate London E7 9AE Minister In Charge: Rev.(Mrs) Adekunle Charity No 1081609 Bankers Lloyds TSB Accountants MOSES-BOLE&CO Chartered Cgrtifiod For•n$ic Accountsrrts C•rtillgd Professional Accountsnts l Tax Advisers & 8UsIn Charter¢(l Manag•ment Con$ultants 39 SL Brelados Court Balmes Road London N15TW
SWORD OF THE SPIRIT EVANGELICAL OUTrEACH TRUSTEES REPORT FOR THE YEAR 31 OCTOBER 2025 The Trustees have the pleasure in submitting their report and accounts for the year ended 31st October 2025. The financial statements have been prepared in accordan with the accounting policies set out on pages 7 to 10, and comply with the statement of Recommended Practice (SORP). issued 16th July 2014, and the Charrty Act 2011, and applicable law. Ob ective and Activities The principal objective of the Charity is the advancement of the Christian faith worldwide and the relief of poverty The are delighted to rep)rt that the Church continues to flourish spIritL11Y by ministering to its community in the UK. The churcb is growing in rnembership and is expanding its outreach to the conllnunity. Structure Governance Mana Constitutlon The Charity is constrtuted under a Trust Deed and Charty registrats'on Number 1081609 on the ntral register of the Charity Commission of England and Wales. Method of A ointment or Election of Trustees The management of the charity is the responsibility of the Trustees, who are elected and co- Opted under the terms of the Trust Deed anisational Structure and Decislon-makin The church is organized so that the trustees meet regularly to manage its affairs. One Minister who manage the day-ti>day administration of the church, and two volunteers Achievement and Performance Sword of the Spirit Evangelical Outreach ISSEO) organised and with BIG success celebrated the annual conference in September 2025. Othe annual conferences which were SSEO women of fatth and Mother Eunice Parent Awareness Scheme. Our youth went on community outreach on quarterly basis and integrated with the other youth in the community. SSEO organised a day retreat to ALL Nation Christian Colle8e at Wale. It was very successful with a lot of activities for both young and old members. During the year we went on the community Evangelism and gave the people in the community food and drink Future Develo mentsthe The Church will continue to explore various ways of spreading the Gospel of Christ effectively. The Charity is also looking to grow in membership and continue to develop rts members.
Review of Financlal Position The net incoming resources for the year amounted to £5.853 Cfr 2024 £19,480). All these have been unrestricted reserves. and no fund is allotted to restricted projects. Rlsk Pollcy The Trustees have assessed the major rlsks to which the Charity is exposed, particularly thoe relating to the operations and finance. and a Satisfied with the risk management system In pla to mitigats any risk exposuie. R8serve Pollcy The trustees have estsblished a policy whereby the unrestricted funds not committed or Invested in tangible fixed assets [the fr reserves] held by the chutch should be 3 months Of annual expenditure. We are confident that with every pre¢xution taken and also nSidering the pa of growth In Charitys operations and finans, we would be able to sustain the current actsVitS of the church in the event of a significant decrease in funding. Principal Funding This is provided mainly through voluntary tithes and offerings by the church members Realisable pledges are also tsken for specific projects The Trustees during the year under reviw were: Rèv (Mrs) Adekunle, Mary Aiyegbusi- Chairperson David Rufai Stephen Olotu Jack Johnson Approval This report was approved by the Board ofTwstees on Date...... 161 025...... Secretary/Ch8imian:. .. ..Signature...
BOLE&CO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SWORD OF THE SPIRIT EVANGEUCAL OUTREACH - SSEO I report on the accounts of the charity for the year ended 31 October 2022, which are set out below and notes to the financial statements on pages 7 to 17 Respectlve responsibillties of Trustees and Examlners As the Chariws Trustees. you are responsible for the preparatlon of the accounts,. you consider that an audit is not required for this year (under settion 14412) of the Chartty Att 2011lthe 2011 act) and that an independent examination 15 needed. It is my responsibility to Examine the account {under settion 145 of the Act),. follow the procedures laid down in the General Direttions given by the Charity.. Commission (under settion 145(51 (b) of the 2011 Att and State whether particular matters have come to my attention. Basis of Independent Examinerfs report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes 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 accounts, and seeking explanations from you as the Trustees concerning any such matters. The procedures undertaken do not provide all the evidencethat would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair vie, and the report is limited to those matters set out wn the statement below. Independent Examinerfs Statements In connertion with the examination, no matter has come to my attention:_ l) Which give me reasonable cause to believe that in any material respect the requirements To keep accounting record5 in accordance with section 130 of the 2011 Act; To prepare accounts which accord with the accountin8 records and to complywith theaccountingrequirements of the 2011 Att have not been met or 2) To which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Moses O Elgunnubole, BA IHONSJ FAI4 FCP4 FFA CPF MOSES-BOLE&CO A FIC CA T... Chartered Certified ForensicAccountants Certified PublicAccountants/TaxAdvisers And BusinESS Chortered Monogement Consutton DA TE.. 2q_o7-2026
SWORD OF THE SPIRIT EVANGEUCAL OUTREACH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2025 Restiicknj ETrJthv- Notss Unreth"c46d jno)me Funds rnent Fu FUjS Prior T¢)tai FUJ Fund$ ltycomthg resowc•s In¢om8 and endowmonts fyorn." Donats'ons and legaaes Othor Income: Profit from asset disKwI Total 34,071.07 34,071.07 27,157 34.071.07 34.071.07 Expend•t4Th •)hr Direct Cost Support Cost Govemanco CL Total 49,253 2.213 82 36,W.20 750.00 39.924.02 2,213.82 36,960.20 750.(h) 39.924.02 1,552 27.4¥2 750 5052.95 S.852.95 Reconclllatlon of fvnds.. Total funds brought forward Prior Year Adjustrnent regardirMJ Asset di%po8al Total ndS carrkd forwanl 19,460 216.719.06 3,167.98 206,708.13 21&719.06 196.269 3.157.98 206,708.13 215,719
SWORO OFIHE SPIR EVANGELICAL Otrniwm 8ALAXCE SHE% AT)IsfocYo8ER Tolal Totsi Fund¥ Funds Fd$ Yoar Flxed •sscts Tanglble assets rotal fixyd 8ssrf¥ 207.084.07 207.084.07 207.084.07 207.084.07 1WJ230 193230 Detst3 & PPaYerts Cash at bank 8nd in haThJ Total cjjrnl assets 12.$00.00 5.883 18,183 2.499.t 1499.06 2.499.Q 1499.06 Credltor¥". fa9 dug t ye 2.875.(¥J 2.87&00 1.645 3f5.91 375.94 16.538 2(fj.70S.13 70&13 209,768 Credtt amounts faltng duo aftw IM 5,951 208.71x13 21S.719 Funds ofthg Clthrfty Unr•stricted funds Revaluatron rese Total funds 2(4708.13 2Cffj.708.13 215.719 206.70B.13 206.70&13 215.719 Signed by one LYIK) trustees on behalfof av tr ts)xlw' Slgna 1>8le of4wmval.' Print N8me." Rtrd. MfrIIc?A4IGT- I . A-f)EKu A LE
SWORD OF THE SPIRIT EVANGELICAL OUTREACH NOTE TO THE ACCOUNTS FOR THE YEAR ENDED 31 STOCTOBER 2025 Not• 1 Basls of preparatlon 1.1 Ba$ls of accoun9 These accounts have been prepared underthe historrcal cost eonvenb'on with rtems recognised al cost or transaction value unless otherwise staled in the r&vanl notelsl lo these accounts. The arLounts have been prepared in accordance with the Finanoal Repoth"ng Stsndard ap[cable in the UK and Republic of Inland IFRS1021 ISSLd on 16 July 2014 and th V)e chanb.es Act 2011 and the Charity constitutes a public benefft as defined by FRS1 D2. 1.2 Golng Coftcthi Consl(lenng the ste0dlevW of incoming rnsources andmembehiP numberthe Charity is a going concern with no any IrnohTr unforeseen c1Um$&nce 1.3 Chang0 of 4e¢ountlng polley The accounts present a InJe and fair v¢ew and the aoUnting poliues s)pted are those outlined in the note with no charue in policy 1A Chang•s to a¢c•untlng estinwt•s No changes to accounts.ng e8tin*tes have OCCU in the rep)rting pen¢xl (3.46 FRS 102 SORP). 1.5 Materlal prfor y•ar •rror8 No material prior year adjustments have been identrfied in the rew)rtirKJ rIOd (3.47 FRS 102 SORP}.
SWORD OF THE SPIRIT EVANGEUCAL OUTREACH NOTE TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST OCTOBER 2025 a¢¢ounttng Wkl•s Not• 2 2.1 RECONCILIATION wrrH PREVIOUS GEIIEIIALLY ACCEPTtD AccouimNO PRACTICE There change li accOuntg pow in thi5 [1)d 2.2 INCOME This standard list ofatrJ)unlJng pc4w has t¢eTr appw ty Ihe charity excw for those No OT "N18'. Where a dffterenl or 8ddthonal p)b"cy has been aJDptsd trn detsiled in Ihe b)x bettrw. Recognltlon of In¢¢Mn• Thes8 are Induded in the Ststemenl of FMian¢ial Acbvitw (SOFA) wln'. . the ¢hanty becornes enbU8d to the resour". . more likely than not that lh8 trustees will racefve the reSr. aThJ . the mnetary value can be measw&J ¥trith suffwxnt reSabihty. Therè has been no offseiting of a58ets and wdrties. orincune and Orants and rfonatknis Grants and donatrons 8re ooty Ind in thè SoFAkn the al irteffie recogntion (tsia a met15.10 to 5.12 FRS 102 SORPI. ln the case of perfomMrKe reted grar)ts. income mltst onty Te(yJgnL%ed to th8 extent that the Charity has provdl the specffjd gocth or selvres as entiI8merf to the grant onty o(Eurs when the performance fyhted nd"on$ a w15.16 FRS 1tr2 SORP). L•9aeies There is no legacy rgxi¥ed during WKXJ No governm8ntgr8nt was rece+v¢d Ihis peric¥J. Tax re¢lalm• donati and gllts Gift Aid rocewabk 18 inde in inCfNne when theTr is a v41l dedaratx)n frr¥n lh8 do[r. Any Grfl Aid arnount rewer8d on a donation is ojnshyered to t¢ part of thatgfftaThd i5 trèated as an addith?n to thg same fund as the inrfk?l ¢Jonation unkss tl donor or tho tem ofts 8FWI ha S otsrwis8. Thi% 1$ not applicab Donatod 9oods There Is no dona gxhl. Don•t8d 5¢rvlc•s and fa¢lllth• Donated services and faulrtvès are indud&J in the SOFA when at valu8 of tho grftto the charity prowded the v8lue ofthe grft can measUj reliaW. Donated servw and fac5 thai are Nnmedwtety awe recognLs&J as moJTr wth an eouivalent amount r8ctynis8d as an expense urthr Ihe aF¥)ropria l•Jfflg the SOFA Support costs Ths charty h8$ inottted eXp•ndIre on SUFWt ccffjts. Volunt•w h•lp The value of any voluntsry help $ not indth in the ac£tyJrts 15 4&5c*bed in t truste88' annual reF#
Not appli(8ble during thNs perithj. Tithes and offerirvj rec&vsd the members are in the nakne of8 grfl are rec¢)3n 8$ Ctr)ftat¥)n and Legau8S S•tthmeot of Insvyanee cllms Insurance daim5 are onty Induded in ts SOFA when the gewal irCe ye0)Jnon (7iteria a¥8 met15.10 to 5.12 FRS 102 SORPI and ar8 tIldded as an it8m of otsr #l Ihe SOFA This includes any realis8d or unrÈal&J 98ins crf bsses OTr the * OfVe5nts any9aTr or 108s results.ng frLYn valu1ThJ investrnenls to markntvalue at the end of the year. 2.3 EXPENDITURE AND LIABILITIES Llability recognttlon Liabilittes aro recognis&d it is more rknty than notthat Ihere a al oru)nstructive oblp)abon mmittmg the charty to payrxrt resources and Ihe arnjt of Ihe oblwtion can te measured reasonab cÉrt8inty. Support Costs have been albcated tetsvn governan costs aThJ othersupport. Governan uJ$ts ccmpnse all ¢xsts invofvmg publt aco)untabilty ofthe chantyaftd ts 0)mplian ul81in and 90cQ wathce. Support Costs indude TrtraI functions have teen aNc¢aie(I to athty o)stcat&J(Ytes cfi a bass si$lentwlh the use ofresouFces. eg at&xaling prcwty cc6ts by fify)r8oa8, wpèr (xixta. staff Costs by the time SFent and 0r tx>sts by thr usage. The Chanty is not awarding grant to any organBat#)n Vvhere there ère no o)ndth"ons 8ttachiThJ to the grant that enabÈs tt%dorrcha[5ty to reilallY avokl the commitment a Aabil¢ty for Ihe full ftJThJirrfJ rnt t reco9nised. Redundancy ¢ost The charity me no reduTrilancy payments durirq the FrtsJ. No mèterial item of deferred In¢{e h85 inclth in the acct)unts. The charity ha$ Ere¢Jit0I5 thich ar• m&asur8J at SetU8Th amounts kss 8ny trè dtytounts Provtslom A liability B measured on rEctynon at its historKd ojst and Ih•n rn&asuraY at th8 best estirnate of the arnounl reqUId to setde thp clyab"on at Iha reporb.ng d 8aslc Ilnahcial Instruments The charity accounts for basic financi81 instrumants on inthal rern9Trth1 as Fer paragTaph 10.7 FRS 102 SORP. Subsequent mea5uromenl is as perpaRgrsphs 11.17 to 11.19, FRS 102 SORP.
2.4 ASSETS Tan9lble red ass•ts for uso ty ¢harlty Ttre are ¢aprtalise(l rf ttrw u$8d for more than or year. ar1 ¢£6t at wi They are valued at (st Th& d•precth)n rate5 and fthts are dW)¥ed in 14. Intanglble Ilx•d assets The chanty has no Intangib &sets, that is. nonth)netsry assets thatdo not have phw'cal substano bul a kIentirwb and are Ixntrolkn by Ihe ehanty through eu$tody or al TrJhts. The amortk%ation raips methcth used are ddosed kner• applKabk. They a valu&Y at cost Nerltay assets The olarity has no heritage assets. that is. norHTh)netsry assets historr. arfislio technJ1¢al. geophysical or envwonmental quats that are hekj and maintstne¢J prirwanyfor their contributDn to knowknge and ujllure. The wiatK)Tr rdtes and methcth as di%cised in note 16 ts not applble durirrtJ thKs but rfaVai1ab th8y valued at cost Invtments Fixed asset investrnents in quoted shares. trJl boThJ$ and 5NmiJar investrnts are valu•J af initiaty ai cost an(151Jbsequenty at fair Value (tr"r market value) attt year8r. The sarne treaknwi 1$ app118d to unlk8ted investments Unk5sfrd cannot be in case it is me8$ured 31 cost less imp8iftneTrL Investrnents hehs for resale or peTrdiro their sale and ¢ash aThJ c¥sh equNalen15 wth a rnabjrity dat• of Ios8 than 1 year are treated as current asset inveStrrts Stocks held forsak as part of n0n-tharitab tr•Jè are Measu atthe IOr cost or not Tealisable value. GCts or sejvw provthj a5 Part ofa ¢afitse ar• TrWAved at nèt re8lBabb value based on the 5erv(ce potential provthj by itwns of stoc. WoTk in progress is valual at C05t * anYf0re58e4b h)$5 that i811( to on Ihe oJntsa( Debtors Debtors Cincluding trade debknrs aThJ ban5 receIe} are rnttasud on initial wnibon at settknent arnount after any trade drscounts or aMountafvaj by thts thaty. Subsequenty, th8y are rneasured al the cash or oth8r Itsrala eX1$d lo be tJ. The charity has no investrnents whth it ho&ls fOrsa or per1r their sale and c48h and cash equiva18nts wih 8 rnalurity date less than or year. Ttsse indude cash on derM)5it and cash eqiJivalÈnt8 With a maturity date of ss than one ar for in¥esbn8nt purpcÉe5 rather than to meet short lenn cash Comrnthents 8$ they falj d. TW ao valued atfair vatue extuther¥ they qualify as tsasK flnartkl POLICIES ADOPTED ADDITIONAL TO OR DIPFRENT FROII ThOSE ABOVE TfErÈ Is no any other polic5es •dcyted.
SWORD OF THE SPIRrr EVANGEUCAL OUTrEACH NOTE TO THE Accoupirs CONTINUED FOR THE YEAR ENDED 31ST ocfoBER 2025 Anatysls ol Incvm• Prfor Funts Fwds Fund Fun Oonaiions aTht gffts. Tit Total Qllr Incom• Profft on Assetdispo TOTAL INCOIAE 34mi.07 4071.07 34,071.07 4071.07 27.1S7 27,157 34.071.07 22.096 49.253 34,071.07 All Incon th• pvlor y•r 7w4• ur•trie
SWORD OF THE SPIRIT EVANGEUCAL OUTREACH NOTE TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST OCTOBER 2025 Note 4 Analyais of •x••ndltw• in¢ome Endmw Total Fund• Fund$ Fund POr DIRECT COST Gffts & donation WeWare H0nryJrari Fund Funth 144.C 272 82 1.797.D) 1213.82 144.00 272.82 1,797.00 2.213.82 169 S63 820 1.552 SUPPORT COST Repairs. rnaintenarKY aThJ Pkn h ¥ert & Publioty Pn"nting, Postag& and &41)ary Telepho FilirKJ Fees Insuran Lt{En & BU51r R5 )rnputing, TrAthCtrTr9 & SolEre exps. Hotel. Trdvel & Subskst8n Cortsvftancy Serv R•fre5hrnent 8ank Chao8$ DopretsatK)n sae$ & Wage5 Smart Pension HMRC- PAYE, NI, ETC 4.260 2,250 1.721 953 125 1,514 1,055 2,880 601 1.730 63 66 673 4,250 537 3.330. I,0.78 454.82 125. 1.213.25 9SO.C 3.330.Ixt 1,rK6.78 125.00 1.213.25 254.99 7.767.18 715.00 7.767.18 715. 192.72 2.124.58 10,414.1Xs 2.C63.e6 2.4&).33 192.72 2.124.58 10.414.LX) 2.C63 e8 2.48U 33 SubsuiptKn5 Ericty. Gas.Fuel and Oil Lègal Expenses Fuel & MrknrEyn8es 1,096 369.19 369.19 I,&Xs. 811.68 4960.20 672 1.156 1.038 1,3) 811.68 TOTAL EXPEIIDrruRE 39.f74.02 39.174.02 12
SWORD OF THE SPIRIT EVANGELICAL OUTREACH NOTE TO THE ACCOUNTS CONTINUED Note 5 FOR THE YEAR ENDED 31ST OCTOBER 2025 Detalls of certain Items of expèndFtur• 5.1 Fees for examination of the accounts Please provrde details of the amount pai¢J forany statLrtory extemal Sa1nY of acuunts and other service¥ provided by your independerrt examiner. If nothing wa$ paid please enter'o, in the appropriate box(esl. GOVERNANCE COST Independent examinerfs fees This Ygar Last Yéar 250 BoJk-k*ping & Accourrtancy fee8 zso 500.00 500 750.00 750 13
SWORD OF THE SPIRIT EVANGELICAL OLrfREACH NOTE TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST OCTOBER 2025 Not8 6 fanglbl• flx•d assets Fre8hokl machin•ry land & & motor building hicle Fix1•8 Fittings & EquiJThnt Total Al beginning of year Additsons sposal Al end th8 year 191.CO).C 15,29320 7,812.82 198,812.82 15.978 68 206.29320 8,498.30 6.2 D8prpciation and impairmonts "Basis Freehold Prokrty Motorvehide Frxtures & Fittrngs Church EQUwnt C(mputer Equip 214,791.5Q Nfl 20% 25% 25% 20% StsaTr3ht Lth8 StraNJht StsaJht Lme Rate At beginning of ttje yeai Disposals D8pr¢ciaITr Imp8in1enl Tran5fef5' ld or Dedulx) At and ofthe year 5.582.85 5,582.85 2,124.58 2.124.58 7.707.43 6.3 Net book valuo Net book value al the beginnin9 of Yr. Nèt book value at tho ernl of the year 6A Impalmwnt z NONE No descriptk?n ofthe events and CtanceS that to the roc(4nikn or reversal of a impaim)ent bss. 7,707.43 191.OLKI.00 206,293.20 2,229.97 790J7 193.229 97 207 084.07 6.5 Revaluatlon An accounliw of revaluation 15 notadopted during this aLr4JntirvJ FeTr)J." the effecbve dats oftlK• revaluat&X= NIA the name of irtyd$nt vafuer. rf aFplicabkn= NIA the meth¢yJs applied arKI swJnftant as8Lwrykn$= NIA Ihe carrying arnount that WDUtd have been rociwised W the assets canEd ur%Jer cost model. 6.6 Other dis¢losurn• lil Please $tate the amount of borrtrwj Sts, rfany. capitaffsed in ts tsjnstruthn of taffj) fixed assets and the caprtalisat)n rate used NIA lill PJea8e provida the arnDunt of coTrtratJal rtsnmrtrnents forthe ar4ui5thn of tan9Jble fixed as5ets= NIA liiil D8tsils ofthe eXnc Lxnwrw amtyjnts of FDFety, syantand eqUYrtto the charity has resthcw tide orlhat a as sewrity foy h"ath'lths= NIA
SWORD OF THE SPIRIT EVANGELICAL OUTREACH NOTE TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2025 Note 7 DebtOf5 & Prepayments This Year Last Year Staff Debtors Total 12.500 12.500
SWORD OF THE SPIRIT EVANGELICAL OUTREACH NOTE TO THE ACCOUNTS CONTINUED Note 8 FOR THE YEAR ENDED 31ST OCTOBER 2025 Cash at bank and Ih hand This Year Last Year Cash at bank on hand Total 2.499.06 2.499.06 5.683 5.683 16
SWORD OF THE SPIRIT EVANGEUCAL OUTREACH NOTE TO THE ACCOUNTS CONTINUED) FOR THE YEAR ENDED 31ST OCTOBER 2025 Note 9 Credltors and a¢crnal$ Please complete tru"s note if the chan.ty hgs any creditors or acenjals. 9.1 Ana15 of cr•dJtor8 Amounts falling due Within More Than l Year 1 Year Prior Year Amounts falling due Within More Than 1 Year 1Yea Other ueditors Accruals and deferred income Minibus World Mortgage Repayable By Instalment Totsl 21KXI. 1645 3.158 2.793 5,951 I75. 1,645 17