Charity Registration Number : 1089091
CHRIST APOSTOLIC CHURCH BALM OF GILEAD - HEALING CENTRE
A CHARITABLE UN-INCORPORATED ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
CHRIST APOSTOLIC CHURCH BALM OF GILEAD - HEALING CENTRE
CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
| Legal and Administrative Information | ........................................................................................ | 1 |
|---|---|---|
| Independent Examiner's Report | ........................................................................................ | 2 |
| Statement of Financial Activities | ........................................................................................ | 3 |
| Balance Sheet | ........................................................................................ | 4 |
| Notes to the Financial Statements | ........................................................................................ | 5 - 8 |
CHRIST APOSTOLIC CHURCH BALM OF GILEAD - HEALING CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2025
Trustees REV. PAUL OLUTUNJI SODEKE REV. MAY SALAMI REV. SIMEON OLUDARE OLADOKUN Charity Number 1089091 Registered Office CHRIST APOSTOLIC CHURCH BALM OF GILEAD CHRISTIAN MINISTRIES INTERNATIONAL 123-125 STANSTEAD ROAD LONDON SE23 1HH Independent Examiner Chris Atkins Services One Limted Office C310, Access Storage Building, Unit 1, Meridian Trading Estate 20, Bugby's way London SE7 7SF
Page 1 of 8
CHRIST APOSTOLIC CHURCH BALM OF GILEAD - HEALING CENTRE
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
Independent Examiner’s Report to the Trustees of CHRIST APOSTOLIC CHURCH BALM OF GILEAD - HEALING CENTRE
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31st December 2025 which consists of the statement of financial activities, balance sheet and the related notes
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the IFA
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
-
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Name: Chris Atkins Services One Limted
Date: 04 August 2025
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CHRIST APOSTOLIC CHURCH BALM OF GILEAD - HEALING CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2025
| Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Investments 3 Total Expenditure on: Raising funds 4 Charitable activities 5 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ 279,161.09 595.80 279,756.89 75,366.44 217,116.06 292,482.50 (12,725.61) (12,725.61) 484,994.55 472,268.94 |
Total Funds 2025 £ 279,161.09 595.80 279,756.89 75,366.44 217,116.06 292,482.50 (12,725.61) (12,725.61) 484,994.55 472,268.94 |
Total Funds 2024 £ 215,901.00 913.00 |
|---|---|---|---|
| 216,814.00 | |||
| 30,813.00 192,707.45 |
|||
| 223,520.45 | |||
| (6,706.45) | |||
| (6,706.45) 491,701.00 |
|||
| 484,994.55 |
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CHRIST APOSTOLIC CHURCH BALM OF GILEAD - HEALING CENTRE
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2025
| Recommended categories by activity Notes Fixed assets Tangible assets 7 Total fxed assets Current assets Debtors 8 Cash at bank and in hand 9 Total current assets Creditors: amounts falling due within one year 10 Net current assets Total net assets Funds of the Charity Unrestricted funds 11 Restricted funds 11 Endowment funds 11 Total funds |
Total Funds 2025 £ 446,397.19 446,397.19 - 44,451.65 44,451.65 18,579.45 25,872.20 472,269.39 472,268.94 - - 472,268.94 |
Total Funds 2024 £ 455,342.00 455,342.00 12,120.00 67,813.55 79,933.55 50,281.00 29,652.55 |
|---|---|---|
| 484,994.55 | ||
| 484,994.55 - - |
||
| 484,994.55 |
The financial statements were approved by the trustees on 04 August 2026 and signed on its behalf by:
REV. SIMEON OLUDARE OLADOKUN Trustee
Date : 04 August 2026
Page 4 of 8
CHRIST APOSTOLIC CHURCH BALM OF GILEAD - HEALING CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Charity for CHRIST APOSTOLIC CHURCH BALM OF GILEAD - Healing Centre is a Charitable Un-incorporated Association in Charity Commission for England and Wales. The registered office is CHRIST APOSTOLIC CHURCH BALM OF GILEAD CHRISTIAN MINISTRIES INTERNATIONAL, 123-125 STANSTEAD ROAD, FOREST HILL , LONDON, SE23 1HH.
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2. Income from Donations and Legacies
| Analysis Unrestricted funds £ Donation and gifts 242,501.59 Gift Aid 36,659.50 Total 279,161.09 3. Income from Investments Analysis Unrestricted funds £ Interest income 595.80 Total 595.80 4. Expenditure on Raising Funds Analysis Unrestricted funds £ Wages and salaries 75,366.44 Total 75,366.44 Support Costs - 75,366.44 |
Total funds 2025 £ 242,501.59 36,659.50 279,161.09 Total funds 2025 £ 595.80 595.80 Total funds 2025 £ 75,366.44 75,366.44 - 75,366.44 |
Total funds 2024 £ 180,329.00 35,572.00 |
|---|---|---|
| 215,901.00 | ||
| Total funds 2024 £ 913.00 |
||
| 913.00 | ||
| Total funds 2024 £ 30,813.00 30,813.00 - |
||
| 30,813.00 |
Page 5 of 8
5. Expenditure on Charitable Activities
| Analysis Hire of Motor Vehicles Employer Pension Pension Contribution Depreciation Charge for the Year Volunteer Expenses Software Subscription Equipment Hire Training Honorarium Light and Heat Repairs and Renewal Charitable Donations Professional Fees Subscription Telephone & Internet Welfare and Support Travel and Motor Expenses Employer NI Evangelism and Mission Website Cost Water Rate Security, Health & Safety Insurance Pastoral - Wages and Salaries Bank charges Printing and stationery Total Support Costs 6. Support Costs Analysis Support Costs Governance Costs Accountants fees |
Unrestricted funds £ 15,403.86 1,683.27 - 15,517.75 9,169.57 890.65 - 1,485.00 1,950.00 6,872.06 4,543.52 6,905.10 2,597.70 1,691.38 5,927.16 4,638.23 2,976.22 4,507.03 60,295.38 407.38 248.98 1,304.08 6,973.65 56,000.00 208.63 919.46 213,116.06 4,000.00 217,116.06 |
Total funds 2025 £ 15,403.86 1,683.27 - 15,517.75 9,169.57 890.65 - 1,485.00 1,950.00 6,872.06 4,543.52 6,905.10 2,597.70 1,691.38 5,927.16 4,638.23 2,976.22 4,507.03 60,295.38 407.38 248.98 1,304.08 6,973.65 56,000.00 208.63 919.46 213,116.06 4,000.00 217,116.06 Total funds 2025 £ 4,000.00 |
Total funds 2024 £ 13,913.00 - 1,689.00 15,779.00 1,700.00 746.00 299.00 - 1,485.00 5,477.00 11,291.00 10,970.00 395.00 1,658.00 7,164.00 4,160.00 4,557.00 3,737.00 36,373.00 2,189.00 243.45 972.00 6,965.00 56,000.00 43.00 902.00 188,707.45 4,000.00 |
|
|---|---|---|---|---|
| 192,707.45 | ||||
| Total funds 2024 £ 4,000.00 |
||||
| 4,000.00 4,000.00 |
Page 6 of 8
| 7. Tangible Fixed Assets Freehold Land & Buildings Fixtures & Fittings £ £ 7.1 Cost or valuation At 01 January 2025 651,000.00 32,208.00 Additions - - Disposals - - Revaluations - - Transfers - - At 31 December 2025 651,000.00 32,208.00 7.2 Depreciation and impairments At 01 January 2025 216,387.00 22,699.00 Charge for the year 8,692.26 2,377.25 Disposals - - Revaluations - - Transfers - - At 31 December 2025 225,079.26 25,076.25 7.3 Net book value At 01 January 2025 434,613.00 9,509.00 At 31 December 2025 425,920.74 7,131.75 8. Debtors: Amounts falling due within one year Analysis of Debtors Trade debtors Total 9. Cash at bank and in hand Analysis Total funds 2025 £ Cash in hand 44,451.65 Total 44,451.65 10. Creditors: Amounts falling due within one year Analysis of Creditors Total funds 2025 £ Trade creditors 7,366.00 Accruals and deferred income 4,000.00 Other creditors 7,213.45 Total 18,579.45 |
Freehold Land & Buildings £ 651,000.00 - - - - |
Fixtures & Fittings £ 32,208.00 - - - - |
Fixtures & Fittings £ 32,208.00 - - - - |
Equipment and Instruments £ 138,743.00 6,572.94 - - - 145,315.94 127,523.00 4,448.24 - - - 131,971.24 11,220.00 13,344.70 Total funds 2024 £ 12,120.00 |
|---|---|---|---|---|
| 651,000.00 | 32,208.00 | |||
| 216,387.00 8,692.26 - - - |
22,699.00 2,377.25 - - - |
|||
| 225,079.26 | 25,076.25 | |||
| 434,613.00 | 9,509.00 | |||
| 425,920.74 | 7,131.75 | |||
| 12,120.00 | ||||
| Total funds 2024 £ 67,813.55 |
||||
| 67,813.55 | ||||
| Total funds 2024 £ 19,486.00 4,000.00 26,795.00 |
||||
| 50,281.00 |
Page 7 of 8
11. Charity funds
| 11. Charity funds | 11. Charity funds | |||
|---|---|---|---|---|
| 11.1 Details of material funds held and | movements during | the CURRENT reporting period | ||
| Fund names | Fund balances brought forward |
Income | Expenditure | Fund balances carried forward |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| Total | 484,994.55 | 279,756.89 | 292,482.50 | 472,268.94 |
| 11.2 Details of material funds held and | movements during | the PREVIOUS reporting | ||
| period | ||||
| Fund names | Fund balances brought forward |
Income | Expenditure | Fund balances carried forward |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| Total | 491,701.00 | 216,814.00 | 223,520.45 | 484,994.55 |
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