CHRIST FAMILY ASSEMBLY OUTREACH
CHARITY NUMBER 1090083
REPORTS AND ACCOUNTS For the Year Ended 01 June 2022
FANLA & C0
Accountants and Consultants
Charity No: 1090083
CHRIST FAMILY ASSEMBLY OUTREACH
TRUST INFORMATION
TRUSTEES: MR OMONIYI JIMOH - Chair MRS ADEYINKA OPEDARE - Treasurer MR OLUMUYIWA TAIWO RAJI - Secretary
REGISTERED CHARITY NO: 1090083
CONTACT ADDRESS: 20 HARTLEY ROAD WELLING KENT DA16 1BB
INDEPENDENT EXAMINERS: FANLA & CO
(ACCOUNTANTS & CONSULTANTS) UNIT 10, WARWICK HOUSE OVERTON ROAD LONDON SW9 7JP
REPORT AND ACCOUNTS: 01 JUNE 2022
Page 2 - INDEPENDENT EXAMINER'S REPORT 3 - REPORT OF THE TRUSTEES
4 - BALANCE SHEET
5 - STATEMENT OF FINANCIAL ACTIVITIES AND NET INCOMING/(OUTGOING) RESOURCE
6 - NOTES TO THE ACCOUNTS
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INDEPENDENT EXAMINER'S REPORT To The Trustees of
Charity No: 1090083
CHRIST FAMILY ASSEMBLY OUTREACH
On the Accounts for the year ended 01 June, 2022 Set out on pages 4 and 5
Respective Responsibilities of Trustees and Examiner
As trustees you are responsible for the preparation of the accounts. You consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
It is our responsibility to:
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examine the accounts under section 43 of the 1993 Act,
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follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act, and
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state whether particular matters have come to our attention.
Basis of Independent Examiner's Statement
Our examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to our attention
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which gives us reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 41 of the 1993 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or
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to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
fanla&co
Date: 19.06.2023
FANLA & CO
UNIT 10, WARWICK HOUSE OVERTON ROAD LONDON SW9 7JP
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Charity No: 1090083
CHRIST FAMILY ASSEMBLY OUTREACH
REPORT OF THE TRUSTEES
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1 The trustees present with pleasure their annual report together with the accounts of the Trust for the year ended 01 June 2022.
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2 Principal Acitivity
The principal activities of the Trust during the year were that of preaching, teaching, healing and providing assistance to members in accordance with the words of our Lord Jesus Christ.
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3 Net Incoming/(Outgoing) Resource The Net Incoming/(Outgoing) Resource for the year was £ 40,815
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4 Trustees' Responsibilities
The trustees are required to comply with their obligations under the Charities Act 1993 (or any statutory re-enactment or modification of that Act) with regard to:
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a) the keeping of accounting records for the Trust and of all matters in respect of which such receipt and expenditure shall take place and of the property for the time being subject to the Charity and of all liabilities in connection therewith;
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b) the preparation of annual statements of accounts for the Trust
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c) the auditing or independent examination of statements of accounts of the Trust; and
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d) the transmission of the statements of accounts of the Trust to the Commissioners.
The trustees are also responsible for ensuring that proper minutes are entered and kept of all resolutions and proceedings of the Trust's meetings.
- 5 Fixed Assets
Details can be seen on page 6.
This report was approved by the trustees and signed, on their behalf by the General Overseer/President.
PASTOR RICHARD AYOOLA - GO/President
__19/06/2023_ DATE
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Charity No: 1090083
CHRIST FAMILY ASSEMBLY OUTREACH
BALANCE SHEET
As At 01 June 2022
Fixed Assets
Tangible Assets 3 Investments
Total Fixed Assets
Current Assets
Debtors & Prepayments Cash in Hand & at Bank Total Current Assets
Current Liabilities
Creditors & Accrued Expenses Bank Loan Total Current Liabilities
Net Current Assets/(Liabilities)
Net Assets
notes
| 2022 £ 462,949 |
2021 £ |
|---|---|
| 421,070 | |
| **1,367 ** | **1,367 ** |
| 464,316 - |
**422,437 ** |
- |
|
| 33,423 | **16,801 ** |
| 33,423 9,024 16,700 |
**16,801 ** |
**8,037 ** |
|
| - | |
| 25,724 7,699 472,015 |
**8,037 ** |
| **8,764 ** | |
| 431,200 |
REPRESENTED BY
ACCUMULATED FUND
Opening Balance Net Incoming/(Outgoing) Resource for the year Closing Balance
| 431,200 | 369,705 |
|---|---|
| 40,815 | 61,495 |
| 472,015 | 431,200 |
Signature Name PASTOR RICHARD AYOOLA - GO/President 19/06/2023 Date of Approval
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Charity No: 1090083
2022 2021
CHRIST FAMILY ASSEMBLY OUTREACH
STATEMENT OF FINANCIAL ACTIVITIES `
for the year ended 01 June 2022
(all unrestricted funds)
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notes
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Incoming Resources Receipt: 2 - Contributions, Donations, Levies, Offerings, Tithes, etc
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- Community Fund (Hope Rising Project)
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Community Fund (Listening Ears Project)
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Income Tax Recoverable
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Bank Interest Less Charges
Total incoming resourses (a)
Resources Expended
Cost of Generating Funds Aniversary & Entertainment Expenses Charitable Expenditure Grants & Donations Payable Donations, Gifts & Subscriptions Pastoral/Travel Costs of activities for charitable objectives Volunteers Expenses Salaries & Wages Employers' N I C
Support Costs
Repairs, Maintenance & Materials Light, Heat & Water Rate Telephone/Fax & Internet Printing, Stationery & Postage Advertisement & Publicity Insurance Legal & Professional/Payroll Costs Rent & Rates Motor Running Training/Equipment Guest Speakers Sundries Management & Administration Bank Interest & Charges Accountancy/Independent Examiners' Fee Depreciation
Total Resources Expended (b) NET MOVEMENT IN FUNDS (a-b) Balance b/f at 02 June 2021 Balance c/f at 01 June 2022
| £ £ |
£ £ |
|---|---|
| 76,932 | 74,268 |
| - | 9,990 |
| - | 9,950 |
| 9,611 | 17,439 |
| 0 | 22 |
| 86,543 | 111,668 |
| 750 | 740 |
| 2,210 | 2,275 |
| 166 | 149 |
| 7,810 | 6,219 |
| 10,275 | 14,362 |
| - | |
| 3,286 | 2,579 |
| 1,975 | 2,103 |
| 2,000 | 2,374 |
| 835 | 879 |
| 900 | 800 |
| 300 | 61 |
| 240 | 240 |
| 1,382 | 2,459 |
| 2,234 | 1,200 |
| 1,670 | 410 |
| - | - |
| 313 | - |
| 500 | 500 |
| 8,882 | 12,822 |
| 45,728 | 50,173 |
| 40,815 | 61,495 |
| 431,200 | 369,705 |
| 472,015 | 431,200 |
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Charity No: 1090083
CHRIST FAMILY ASSEMBLY OUTREACH NOTES TO THE ACCOUNTS
For the year ended 01 June 2022
1.0 ACCOUNTING POLICIES
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1.1 Basis of Accounting: The Accounting have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice on Accounting by Charities.
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1.2 Fixed Assets: Fixed Assets are stated at cost
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1.3 Depreciation: Depreciation is provided on the straight line basis to write off fixed assets over their expected useful lives as follows:
Land & Building 0% p.a Office Equipment 25% p.a Furniture & Fittings 25% p.a Motor Vehicle 25% p.a
2.0 RECEIPT:
Receipt consists of Members Offerings, Special Offerings, Building Fund and Pledge
- 3.0 TANGIBLE FIXED ASSETS: Tangible fixed assets are made up of the following
| COST As at 02 Jun 2021 Additions/(disposals) At 01 Jun 2022 DEPRECIATION As at 02 Jun 2021 Charge for the year At 01 Jun 2022 NET BOOK VALUE At 01 Jun 2022 At 01 Jun 2021 |
Land & Furniture & Motor Building Equipmt Fittings Vehicle Total £ £ £ £ £ 405,649 28,693 16,946 10,000 461,288 32,246 865 17,651 - 50,762 |
|---|---|
| 437,895 29,558 34,597 10,000 512,049 |
|
| - 26,546 11,172 2,500 40,218 - 2,146 4,236 2,500 8,882 |
|
| - 28,692 15,408 5,000 49,100 |
|
| 437,895 866 19,188 5,000 462,949 |
|
| 405,649 2,147 5,774 7,500 421,070 |
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