## 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 - 3 - REPORT OF THE TRUSTEES - 4 - BALANCE SHEET - 5 - STATEMENT OF FINANCIAL ACTIVITIES AND NET INCOMING/(OUTGOING) RESOURCE - 6 - NOTES TO THE ACCOUNTS **-1-** **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: - examine the accounts under section 43 of the 1993 Act, - follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act, and - 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 1. which gives us reasonable cause to believe that, in any material respect, the requirements: - to keep accounting records in accordance with section 41 of the 1993 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or 2. 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 **-2-** **Charity No: 1090083** **CHRIST FAMILY ASSEMBLY OUTREACH** ## REPORT OF THE TRUSTEES - 1 The trustees present with pleasure their annual report together with the accounts of the Trust for the year ended 01 June 2024. - 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. - 3 Net Incoming/(Outgoing) Resource - The Net Incoming/(Outgoing) Resource for the year was £ 58,071 - 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: - 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; - b) the preparation of annual statements of accounts for the Trust - c) the auditing or independent examination of statements of accounts of the Trust; and - 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 **-3-** ## **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~~ **-4-** **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**| **-5-** **Charity No: 1090083** **CHRIST FAMILY ASSEMBLY OUTREACH NOTES TO THE ACCOUNTS** For the year ended 01 June 2024 ## 1.0 ACCOUNTING POLICIES - 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. - 1.2 Fixed Assets: Fixed Assets are stated at cost - 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| ||-
36,082
24,058
7,500
67,640
-
6,314
-
9,233
2,500
5,420| ||-
29,769
33,291
10,000
73,059| ||**477,370**
**-**
**4,642**
**-**
**482,012**| ||**459,245**
**6,862**
**-**
**12,874**
**2,500**
**467,758**| **-6-**