2024-06-30-accounts - Christian Revival Centre International

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CHRISTIAN REVIVALCENTRE INTERNATIONAL

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[TH] JUNE 2024

CHARITY NUMBER:1094185

CHRISTIAN REVIVAL CENTRE INTERNATIONAL 384D NORTHOLT ROAD HARROW HA2 8EX

INDEX Page Legal & Administrative Details 1 Trustee’s Report 2-3 Independent Examiner’s Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes on the financial Statements 7 - 10

CHRISTIAN REVIVAL CENTRE INTERNATIONAL

LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 30[TH] JUNE 2024

ADDRESS FOR CORRESPONDENCE

384D NORTHOLT ROAD HARROW HA2 8EX

REGISTERED CHARITY NUMBER 1094185

GOVERNING DOCUMENT DECLARATION OF TRUST 10[TH] JUNE 2002.

TRUSTEES

REV ANDREW BAILEY MR KEVIN REID

PRINCIPAL BANKERS

BARCLAYS PLC 1 CHURCHILL PLACE LONDON E14 5HP

INDEPENDENT EXAMINER

FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH

CHRISTIAN REVIVAL CENTRE INTERNATIONAL

TRUSTEES’ REPORT YEAR ENDED 30[TH] JUNE 2024

The trustees are pleased to present their report for the year ended 30[TH] June 2024 for the charity, Christian Revival Centre International with Charity Number 1094185.

The Trustees of the charity are: Rev Andrew Bailey Mr Kevin Reid

The principal address of the charity is : 384D Northolt road Harrow HA2 8EX

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a declaration of trust that was executed 10[TH] June 2002 .The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in Harrow, the United Kingdom and in such other parts of the world as the trustees may think fit from time to time . The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation continues to hold successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The church continues to hold its meetings in the rented premises. The church also sent some finances to aid a school in Pakistan with its activities. Due to the pandemic meetings and services were held online for some of the months of the financial year.

FINANCIAL REVIEW

The income of the charity is above £34,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for its offices on Northolt road.

FUTURE DEVELOPMENTS

The church intends to continue to host its regular worship services in the UK. It plans to continue to host community events in the coming year. They also plan to continue to support the schools and churches in Pakistan and India. The intended reappointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011,the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the applicable accounting standards have been followed.
Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 8[th] April 2024 and signed on their behalf by:

Independent Examiner’s Report To the Trustees

CHRISTIAN REVIVAL CENTRE INTERNATIONAL

I report on the accounts of the church for the year ended 30[TH] June 2024 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

Examine the accounts under section 145 of the 2011 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
State whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
proper accounting records are kept( in accordance with section 130 of the 2011 Act
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH

CHRISTIAN REVIVAL CENTRE INTERNATIONAL

Statement of Financial Activities for the year ended 30th JUNE 2024

		Restricted	Unrestricted	Total Funds	Total Funds
		Funds	Funds	2024	2023
Incoming ResourcesNote		£	£	£	£
from generated funds
Donations & Legacies	2	1260	26444	27704	28063
Investment income	3		1	1	1
		_ _ ___ ___ ___
		1260	26445	27705	28064
Other Income
Other			7882	7882	6520
		___ _________			___
Total Incoming		1260	34327	35587	34584
Resources
		___ _________			___
Resources Expended
Charitable activities in furtherance of objectives
Charitable Activities	6	0	37,815	37,815	35016
Other	4	0	0	0	124
		_________
Total Resources		0	37,815	37,815	35140
Expended		_________
Net movement in funds		1260	-3,488	-2,228	-556
Reconciliation of Funds
Total Funds brought forward		8964	2450	11414	11970
Total Funds carried forward		10224	-1,038	9,186	11414

The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.

The notes on the accounts form part of these accounts.

CHRISTIAN REVIVAL CENTRE INTERNATIONAL Balance Sheet as at 30th JUNE 2024

Note 2024 Fixed Assets £ Tangible fixed assets 5 1981 _ 1981 _ Current Assets Cash at bank and 1377 in hand Debtors & prepayments 6188 7565 Creditors:amounts falling due within one year Creditors & accruals 9 360 _ Net Current Assets 7205 _ Net Assets 9186 Unrestricted Funds -1038 Restricted funds 10224 _ TOTAL FUNDS 9186 _	2023 £ 2475 __ 2475
	_ 3940 7834 11774 360 _ 11414 _ 13889 2450 8964 _ 11414 ___

Approved by the trustees on 8th April 2025 and signed on their behalf by :

_________

The notes on these accounts form part of these accounts

CHRISTIAN REVIVAL CENTRE INTERNATIONAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2024

1) Accounting Policies

1.1 Basis of Accounting

These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with:

The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014.

1.2 Going Concern: The accounts are prepared on a going concern basis.

1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted.

1.4 No changes to the accounting estimates have occurred in the reporting period

1.5 No material prior year error have been identified in the reporting period.

Recognition of Income

These are included in the Statement of Financial Activities (SOFA) when:

The charity becomes entitled to resources;
It is more likely than not that the trustees will receive the resources;
The monetary value can be measured with sufficient reliability.

Grants and Donations

Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)

Tax reclaim on donations and gifts

Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

EXPENDITURE AND LIABILITIES

Liability Recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Grants and Support Costs

Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

CHRISTIAN REVIVAL CENTRE INTERNATIONAL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] JUNE 2024

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

ASSETS

Tangible Fixed Assets for use by the charity

They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.

CHRISTIAN REVIVAL CENTRE INTERNATIONAL Notes to the accounts for year ended 30th JUNE 2024

2 Donations & Legacies

		Unrestricted	Unrestricted	Total fundsTotal funds	Total fundsTotal funds	Total fundsTotal funds
		Funds	Restricted		2024	2023
	Church collections	£	£	£		£
	Tithes and offerings	26444		26444		26803
	Grant	0			0	0
	Mission		720		720	720
	Partners		540		540	540
		______
	Total	26444	1260	27704		28063
		______
		£/2024	£/2023
	Other Income
	Gift Aid	7882	6520
3	Investment income
		Unrestricted		Total fundsTotal funds
		Funds £		2024/ £		2023/ £
	Bank Interest	1			1	1
			2024/£	2023/£
	Restricted Funds
	Charitable expenses Missions		0		124
4	Other		amount £/2024			Amount £/2023
	Speakers	expenses	0			0
	Grant to individuals		0			0
	Grant to institutions		0 0 _________
	Total		0			0
			_________
5	Tangible Fixed Assets		Instrument	Fix & Fitt		Equipment	Total	2024
	Cost		£			£	£
	At 01/07/2023		532		155	8323		9010
	Additions		0		0	0		0
			______
	At 30/06/2024		532		155	8323		9010
	Depreciation
	At 01/07/2023		460		128	5947		6535
	charge for the year		14		5	475		494
			______
	At 30/06/2024		474		133	6422		7029
	Net Book Value at 30/06/2024		58		22	1901		1981
	Net Book Value at 01/07/2023		72		0	2376		2475


	CHRISTIAN REVIVAL CENTRE INTERNATIONAL
	Notes to the accounts foryear ended 30th JUNE 2024

6	Cost of Activities in		furtherance of Charity's Objectives
			2024/£		2023/£
	Hmrc		0		0
	Training		0		0
	Maintenance/ Repair		1208		1428
	Hire of equipment		0		0
	Speakers expenses		0		0
	Buildingrent		0		0
	Transportation costs		1808		1648
	Bank charges		0		0
	Pastors salary		14590		12350
	Software		0		0
	Welfare		0		35
	Office rent		14790		12400
	Church events		75		190
	Professional fees		330		1265
	Stationary		399		0
	Missions		0		0
	Admin cost		325		240
	Telephone/Internet		1634		2265
	Supplies		348		369
	Vehicle expenses		173		223
	Caretaker expenses		0		0
	Refreshments		144		91
	Waste services		0		0
	Depreciation		494		618
	Rates		0		86
	Cleaning		400		231
	Subscription		524		433
	Light& Heat		400		400
	Web hosting		0		0
	Media supplies		0		0
	Hotel accomodation		173		304
	Accountingservices		0		440
	Total		37815		35016



8	Staff Costs			2024/£	2023/£
		Salary		14590	12350
		National Insurance		0	0
		Total		14590	12350
	There was 1 employee and no employee earned more than £15000


9	Creditors: amounts falling due within oneyear					2024/£	2023/£
			Independent examination			360	360
						______
			Total			360	360
				10