CHRIST FAMILY ASSEMBLY OUTREACH
CHARITY NUMBER 1090083
REPORTS AND ACCOUNTS
For the Year Ended 01 June 2024
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 2024
Page 2 - INDEPENDENT EXAMINER'S REPORT
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3 - REPORT OF THE TRUSTEES
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4 - BALANCE SHEET
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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, 2024 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: 02.05.2025
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 2024.
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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
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The Net Incoming/(Outgoing) Resource for the year was £ 58,071
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4 Trustees' Responsibilities
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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
______02/02/2025 DATE
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CHRIST FAMILY ASSEMBLY OUTREACH
Charity No: 1090083
BALANCE SHEET
| BALANCE SHEET | ||||
|---|---|---|---|---|
| As At 01 June 2024 | 2024 | 2023 | ||
| notes | ||||
| Fixed Assets | £ | £ | ||
| Tangible Assets | 3 | 482,012 | 467,758 | |
| Investments | 56,670 | 20,367 | ||
| Total Fixed Assets | 538,682 | 488,125 | ||
| Current Assets | ||||
| Debtors & Prepayments | - | - | ||
| Cash in Hand & at Bank | 11,663 | 10,490 | ||
| Total Current Assets | 11,663 | 10,490 | ||
| Current Liabilities | ||||
| Creditors & Accrued Expenses | 1,700 | 3,710 | ||
| Bank Loan | 8,371 | 12,702 | ||
| Total Current Liabilities | 10,071 | 16,412 | ||
| Net Current Assets/(Liabilities) | 1,591 | - | 5,922 - |
|
| Net Assets | 540,273 | 482,202 | ||
| REPRESENTED BY | ||||
| ACCUMULATED FUND | ||||
| Opening Balance | 482,202 | 472,015 | ||
| Net Incoming/(Outgoing) Resource for the year | 58,071 | 10,187 | ||
| Closing Balance | 540,273 | 482,202 |
Signature Name PASTOR RICHARD AYOOLA - GO/President
Date of Approval 02/02 ~~/2025~~
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Charity No: 1090083
CHRIST FAMILY ASSEMBLY OUTREACH
| CHRIST FAMILY ASSEMBLY OUTREACH | Charity No: 1090083 | Charity No: 1090083 |
|---|---|---|
| STATEMENT OF FINANCIAL ACTIVITIES ` for the year ended 01 June 2024 (all unrestricted funds) notes Incoming Resources Receipt: 2 - Contributions, Donations, Levies, Offerings, Tithes, etc - Community Fund (Hope Rising Project) - South London Counselling & Support Services - Income Tax Recoverable - 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 2023 Balance c/f at 01 June 2024 |
2024 2023 £ £ |
|
| 97,342 | 77,644 | |
| - | 5,700 - |
|
| 4,850 | - | |
| 17,198 | - | |
| - | - | |
| 119,389 | 71,944 | |
| 5618 | 808 | |
| 1,020 | 2,170 | |
| 266 | 140 | |
| 10,709 | 8,132 | |
| 9,948 | 10,334 | |
| 7,648 | 2,207 | |
| 1,592 | 2,983 | |
| 1,965 | 1,639 | |
| 2,181 | 2,478 | |
| 2,398 | 1,000 | |
| 1,740 | 300 | |
| 240 | 240 | |
| 1,886 | 1,153 | |
| 4,550 | 3,280 | |
| 3,273 | 1,660 | |
| - | 4,081 | |
| 115 | 112 | |
| 750 | 500 | |
| 5,420 | 18,539 | |
| 61,318 | 61,756 | |
| 58,071 | 10,187 | |
| 482,202 | 472,015 | |
| 540,273 | 482,202 |
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Charity No: 1090083
CHRIST FAMILY ASSEMBLY OUTREACH NOTES TO THE ACCOUNTS For the year ended 01 June 2024
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 2023 Additions/(disposals) At 01 Jun 2024 DEPRECIATION As at 02 Jun 2023 Charge for the year At 01 Jun 2024 NET BOOK VALUE At 01 Jun 2024 At 01 Jun 2023 |
Land & Furniture & Motor Building Equipmt Fittings Vehicle Total £ £ £ £ £ 459,245 29,220 36,933 10,000 535,397 18,125 549 1,000 - 19,674 |
|---|---|
| 477,370 29,769 37,933 10,000 555,071 |
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| - 36,082 24,058 7,500 67,640 - 6,314 - 9,233 2,500 5,420 |
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| - 29,769 33,291 10,000 73,059 |
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| 477,370 - 4,642 - 482,012 |
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| 459,245 6,862 - 12,874 2,500 467,758 |
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