CHRIST APOSTOLIC CHURCH FOUNTAIN OF SUCCESS
INTERNATIONAL FELLOWSHIP
59 EXNING ROAD
LONDON
1164NE
CHARITY REG. NUMBER 1099056
FINANCIAL STATEMENTS
FOR THE YEAR EF4DED 31ST DECXMBER 2024

CHRIST APOSTOLIC CHURCH FUUNTAIN OF SLICCESS
INTERNATIONAI, FF.I,I.OWSHIP
C.ACFSIF
LKGAL AND ADMINISTRATIVE INFORMATION
TRUSTELS..
Pasloi. IDI.) Mose5 Oladipo Olagunju (Chairl
Mi Koirde Michael Roiiba
Evangelisi (Mrsl Chrisiianah M. Olagunjii
Pastor Emmanuel Adetiinji Ayorinde Davies
SECRETARY:
Deacon (Mrl Olatomi Ararnmi
CHARITY NUMBL4R:
1099056
RECISTERED OFFICF.:
59 EXNING ROAD
LONDON
F16 4NE
BANKERS,.
NA'fivESI' IIANK PLC
250 BISHI)YSGATr
LONDON
£C2fv14A
ACCOUNTANTS:
DANIF.I. FAMOK & A8SOC.IATF.8
ACCOUNTAM'S & fiNANCiAL LONSUI.TA14T
NI'I'2Dfy TUI)ORLEAF FIUSINESS CENTRE
2-8 FOUNTAYNE ROAD,
LON'DnN
NI54QL
CONTENT..
l. Trustee5' Report
2. Independent ex2miIier's Reptsrt
3. St4temenl of FiiiAneial Activities
4. Balance Sheet
5. Notes to tlie Accounts

CHRIST APOS'I'OLIC CHURCH IIOLYTAIN OF SUCCEI SS
INTERNATIONAL FILLLOM'SFIIP
CAcfiSIF
TRUSTEI ES, REPORT
ie Tn￿lEe$ have pleasiirt in submilllA8 Ili¢ir repoTI and gc¢oiiiiis for yeareiided Jlsi Deccinkr2024.
The fiiiaii¢ial siaiemenis have bt¢A prep8r¢d li) a¢cordanc¢ iviih the ac£ounlingpolicies sel out on
pa8ts 4 10 5 atid ¢oinply ¥viih siaLellienlofRecoD￿iended Practice ISORP20191 and Ilie appli¢able l#iY.
of our woi'k.
ie charity i5 con51ili&edithdera C￿titI￿li￿lI adopted itt Aii8usI 2002 8s art￿ded0n 25th May 2(X)3
and ¥egisteredc118riry'TtuniEc¥ 1099056
e objectives of the charity sctoul in Ihc Con51iluliott ar¢-.
lalThe futihrrancc ofihc Cliii51ian Faiili aiid Gwpel ift Unti¢d Kingdom of Gieal Brit&￿and Nllreland
Ibl Thc Tclicfof pCr5oJ￿ who at¢ in roi1dtti0r￿ afh￿dship or distress or wlio are aged. sick 01 disabled.
TheTyust ivas involved in Chr151iEin outrreaEh pmgranimes d¢sign¢d 10 increa5¢ Christian aivayernfss
8ndspre8d the gospel ofour Lori1 J¢su$ Chrisi.
DeveltF
ment actlvilie5 and acliievement5 tli¢
ear
ThtTii151c¢s at¢ pltased 10 r¢port Ihai Ihe Chur¢h cojiiuiucd lo be siiccessfiil 5puittially, InlllT51ering
many propl¢. Tli¢ ¢liurdi has iniwoved in ils Mem￿[sI￿p strength is in¢r¢#5inBly rtrdching oiit
lo the cojnmiillity The churGli catried ￿lt nilny ¢vaM8di¢al prOgran￿leS during th¢ fin2llcig1 yeor su¢li
as tlie Victory Siiiiday 14'otship s¢rvice4 Siinday School Ilevi¢ws gnd semiiiar5 8nioNB olliers.
Thcmiiiisterial It8m has p12nnedoiit aclivitids for th¢ ncxi y¢a¥ whi¢h in¢lud¢s c1￿1511all Gatli¢riiig aiid
Confrrenecs.
RISK POLICY
The Tiuslees have a55e5sed the major r&sks lo i¥hiLh the Chai'ity is exposed paiticularly
those relaiirtg to the opei'alions and finance aud air 5at15fi¢d iV￿1h the risk managemeni
systems in place to mitigatc lh¢ risk expoqure to the Ch8rity.
PUBLIC BENEFITS REPORTINC
CACFSIF donated money and Inaterial I'esouires lo other ¢hai'sties and victitns of
terror allacks.
These include OXFAM, Christian Aid and some cl)ur¢hes during their anniversary
events and annual thanksgiving services.
Review of the financial
osition
The net incoming resources for tlie y¢ar amoiinted io a siirplus of £14,902 (Year
2023 was a siirpliis of £14,460) aiid all of which ale allocated to unrestricted
reserves of the chai'ity.

Ii%"ri". RNI¥l'l(IYill, rri.I,I,()11'51111)

INDEI PEI NDfi,NT fi XAMINfi R'S REI PORT
TO 'I'HL'fRus'i'LLS OF
CHRIST APOSTOLIC CHURCH FOUNTAIN OF SUCCESS
INTERNATIONAL FELLOWSHIP
CACFSJ
CIIARITY NUMBEIR 1099056
FOR THE YEAR EI NDED31st DLI CEMBEIR2024
I f¢￿￿ IlieaLwiiiilsoftheTnL%t far)Earellded31st DeCt￿ber2024.whIcl Aresetolit￿i paBes4 105
REI SPEcfIvE RESPONSIBILITIEI S OF THE TRUSTEES Af4D EXAMINER
11ie cliariry inistees 8rerespDnsible for tlie prepaKatioii of the accoiiiits.Tlie cliarity's inistees co￿ider
Ihal ali audii 15 nol IEquircd fDT Ibi5 ycar KGlJon 144121 of IhE Choiilies Acl 2011 Ilhe 2011 Acll
and Ilial an inthJKndcnl wniinalioji 15 D¢cdcd
exattl1￿ the 8CCOUlJts underseclioii 145 ofll]e 2011 Act.
folloivthe procethres laid doivn jii the general Direciion5 givell by the Charity Comniission
und¢i' section 145151 Ibl of Ihc 2011 AGI; and
state ivhether parti¢ulai' Indtters hav¢ ¢ome to niy atlenlton.
BASIS OF INDEPENDENT EXAMif4ER'S REPORT
My exam￿￿￿10￿ ivEs carried oiil in accordance witti Ilie general Direclioiis given byt1￿ Charity
Comniis5ion. Ali exaniinalioii incliides a review of the acCO￿￿1[ag records kept by rhe cliarily and a
¢oinparisoii of Ihe ac¢oiirtis prtMi¢d iviih Ihost rt¢osds. li also iiiclud¢s ¢onsid¢raiion of any
lin￿%￿al iiems ￿ dts¢105i1r￿ in IIK a¢coimts. atid %d(ing¢XpT8￿3rl0nS ftom yoii 8$ Inlstees ¢on¢¢rniog
y such mat18r£.
71ie procedur£s l￿dertakell do ￿tPrOVi{k all Ilie EYiden¢¢thal woiild be r¢quiiEd ill an aiKiit and
eolls¢qii¢nily ttoopinioii is givthi as to ivhtilier the aceoiints preseiit 8'trlle alld f&ie vtew the
ryrt is litnited to those matters setouf 111 the ststement beloiy.
INDEPENDENT EXAMITriER'S STATEMENT
In cottne¢iion with my examination, no maiiei. has come io my aiieniion
11 iYh*ch gives Jiie reasoiiable c&iise lo believe Ihal iiiaijy ￿￿t￿la1 respect the reqiiiteineMI5-.
to keep oGcounling r¢cord5 in 4cGordanGe ivith s¢Gl¥on 130 of thr 2011 Act., and
to prepare accounts iyhich accord with thc accouiiting 2TCQTd5 and Gomply
accounting reqiiiremenls of the 2011 A¢1 hk)ve noi been met., or
21 10 whi
unde
inmyo
ing
shoiild be di?wn in oilei. lo enable a piM)per
he accouiils to be r
hed.
A. FAMAKIN {
Sc, FCA )
13th October 2025
DANIEL FAMOK & ASSOCIATES
ACCOLINTANTS & FINANCIAL Co￿'sULTANTs
UNIT 209 TUDORLEI AF BUSINESS CENTRE,
2-8 FUUNTAYNE ROAD, LONDON
N15 4QL

CHRIST API)ST()LII: I'HIIRC.H FOIINTAIN OF.8IICCEI SS
INTLI IiNA'I IONAL F'LLLOWSHEF
CACFSIF
STATEI fvIEYT OF filNANCIAL ACTIVITIES
FOR TIIL YLAR LI NDLD JIS'I, DLI CEMUEII 2024
Notes nrestricted Restricted
Funds
Total
Dee-24
Total
Dee-23
INCOMING RESOURCES
117toi>iiJ2g RÉsoiii'eÉsfroiiigÉiiÈR'&iédfurtd
Voluntari InLume
Investmeni Income
Other Voliintaiy 12]COTrie
lJi¢oniirtg Resoiiic¢sfiviJi Cliariiable A¢iiylll¢$
her In¢oniing Rvsoiir¢Es
25,587
25,587
21,778
Tutal 1￿COming Resources
25,586
25,586
21,778
RESOURCES EXPENDED
Chavilable /lclivilies
10.185
10,185
7.318
Govei'nance cosls
500
500
Tgtal resoyrct5 expended
10,685
18
NE'F MOVEMENTIN f4UNDS
14,902
14,902
14,460
RECONCILIATION OF fiUNDS
TotHI funds brought forward
130.349
130J49
15,889
Tot81 funds tAri'ffttd forwii.
145251
14S,251
130 J49
There were no recognised gains oi. losses for the year other than Ihose included in th¢
Stalement of Financial Activities. All incoming resources aiid resources expeiided
derive from eoiilinuing activities.
The notes on Pages 6 to 9 form pi)rt of Ibeso accounts.

iy ()],' %1 l{'(.'1.:.S5
2 I)7.11.
142,"IXI
1.12,25¢1
144.251
lil.: Ihlll,:.%l,:N'l'b',l) ii),:
1,1,5,251
.ill,i41i

CHRIST APOSTOLKC CHURCH FOUNTAIN OF SUCCESS
INTERNATIONAL FELLOWSHIP
CACFSIF
NOTEI S TO THE FINANCIAL STA TEMEIYTS
¢OR TFIE YEAR IINDED 31ST DECEMBER 2024
I. ACCOUNTING POLICIES
Tlie financial statem¢lll3 hav¢ b¢¢n prepared in accordance with the accoiinting
ptslieies set oiit in notes to the accounts and coinply with the cl)ai'ity's goveiiiing
)ciiment. the Cliarilies Aci 2011 aiid Actouniiiig and Reporting by Cbariiies.. Sthitmuii of
Recommendcd PraGlice {SORVI applicable to thariiies pi'epariiig iheir accounis i
a¢¢ordan¢e ivith Ihe Financial Reporting Standard applicable in the UK and Republic of
Iirland IFRS 102}, issued in Octobei. 2019.
1.1 IneomiDg Resource5
Buildin
Fund5
Inboine lion) donations for building are included in volunlaiy incoming resources of
res(ricred funds on r¢ceipl.
Voluntaj
Income
ITiGonie fi.um tiihis and otyerings colle£ied are included in voluntary incomiThg TesouTCt5
when Ihese are receivable.
Gift Aid TaxRe
'ment Claim
repayments due from HM Revenue & Customs in respect of mcrnber5' giving air
included itt incoming I'csoui'ccs and re5li'icled for building funds u,hen received.
Other Income
These coniprises othern1iscellai]eoi￿ iJKoine and are accounted for i* th¢￿riOd in whieh Li is ¢niiiled.
Illcome from Ch%ritable Activities
These ali christian books malei'iols sold io cliurGh rnctnb¢rs and all of iYhi¢h a
ncluded in unr&%tricted funds ivhen re¢¢ive(S.
Investment Income
Investnieiil Income ¢oMsittof lnier￿( received diiriJ)8 Ih¢y¢ar 80d Bccowitrd as iiiiresLriaed fllnd.
c.xsh flniv statemcnt
'nie Chariry has lakBll adV￿lIage ofihe cx¢niplion in finanr5al REpDriing Standard No l from the
requiremEnlsto pioduEe a ca51iflow Sthieiiitni on the groiittds tliAI it qualifies Rs a sm&ll charity.
1.2 Resources expended
Resources expended art included in thc Siat¢ment ofFinartcial Acriv*iies on aCcI￿al bases,
in¢liisiire of any valu¢ added lax IVATI Ivhich caniiol bc recovered. Certain expelldiliire
'e atii'ibutable to specific activilies and have been included Ih05e c05t categori£s.

CHRIST APOSTOLIC CHURCH FOUNTAIN OF SUCCESS
INTERNATIONAL FELLOWSHIP
CACFSIF
TrIOTES TO THE FINANCIAL STATEMEINTS
CONTIINUED
FOR THC Y£1 AR EP4DLI D 31ST DLCII 2024
1.3 Tangible Fixed Assets for use by the chai'ity and Depreeiation
Tangible fixed assets foi. use by the Charity al'e slated at COSt less depiEcialion.
Depreciation is calculated to write off the cost less estimated residiial value of fixed
assels ovei. theii. estiinated useful lives Oil the followiiig basis..
I quipnient, Fixture5 & Fittings
250/0 pcr
Motor Vehicles
250/0 per annum.
IlTrre5tricted Re$tricted lI￿re¥ll.1¢I£d
Fund
2. CHARITABLE AcfIviTIES
e¢-
Pastoral Allowar)ces
Evangelism & Ov¢15eas Mi5SIOJ)S
Hoi)oraria and gifts
Hall Rental, Storage and Service Charges
Donations to Other Charities
Members, Welfai'e, Suppoit & Benevolence
Prinliiig,, Postag¢ and Siationety
Travelling & Motor Expciiscs
Advei'l, Publicity & Media oosls
Interiiel, Webcost aiid Hosting
Volunteers, & Workers, Expenses
General Repairs & Renewals
Depreciation of fixed assets
Telephone & faxes
2,730
120
4,460
700
854
100
4,500
980
149
990
1,036
884
10,185
7,318
3. GOVERNANCE COSTS
2024
2023
Annual Returns & Service charge
Accollntanoy & Independent Ex2miner'% fee
ItK)
400
soo

CHRIST APOSTOLIC CIIURCIK IIOUP4T AIf41 OTr. SUCCESS
INfERNATIONAL FELLOWSHIP
CACFSJF
NO'I'LS 'I'O'I'HL FINANCIAL STATEI MENTS
CONTINUED
FOR THE YEAR D 31ST DECEIWIIER 2024
4. NET MOVEMENT IN FUNDS FOR THE YfiAR
2024
2023
The Iiet movemenl in flinds for the year is stated after
Depreciation of tangible fixed assets- for use by the ch
Accountaiicy & Indepeiident Examiners fee
990
500
5. TRUSTELS, REI MUNERATION
No Ti'ustee has had expenses Iriinburged in the ycar.
There is no staff whose emoluR]en15 exceeded £60,OOCk during the year
6. TANGIBLE FIXED ASSETS
51LALE
IPNJENT CONJP
TER
TOTAL TOTAL
Lip Dec-24 Dec-23
&TRUhfEKTS &FURN]TilliE OFFI
COST
As At 1st Janiiai'y 2024
Additions dui'ing the yea¥
As At 31 st December 2024
2,640
380
940
3,960
2,640
380
940
3,960
3.960
DEPRECIATION
As At 1st Januai'v 2024
Charge for the year
As At 3 1st December 2024
660
660
95
235
990
990
95
235
Not Jlook Vallle Al Jlst Dt£eMber 2024
1,980
285
705
2,970
3,960
Nct Book VAliie Al 31st Dteember 2023
2,640
940
3,960
7. DEBTORS,. AMOUNT FALLING Duk wi'fHIN ONE
2024
2023
Security Rent Deposit

CHRIST AFOS'I'OLIC CHURCH FOUNT AIN OF SIICCESS
INfEl￿A'1'10￿AL Tr"ELLUWSHIP
CACFSIF
NQTF.8 TO THF, FINATr4CIAI, STATLML ENTS
CONTINUED
FOR THE YEAR ELYDED 31ST DECEMBER 2024
8. CREDITORS..AMOUNT FALLIN
E ONF. YEA
2024
2023
Accnjals
500
500
9. UNRESTRICI'ED FUNDS OF TIIE CHARITY
Unrestricted
Fund
Fund T(Jlal
Dec-23
Balance at 1st Januai'y 2024
Movement in the funds for the ye￿.
Balanc¢ al 3 Isl Ikcember 2024
130,349
14,902
14S251
115,889
14.46rJ
130,349
Buildin
Funds
F￿Dd Tvtal
Dee-24
10. RESTRICTED FUNDS
Balance at 1st JaEiuary 2024
Movement in the funds for the year
Balanc¢ at 3 1st Decetnber 2024
11. ANALYSIS OF NET ASSLTS BETWEI Ei Tr4 FUNDS
Uni'estrieted Restricted
li und5
unds
Fuiid Total
Dec-24
Tangible fixed assets
2,970
2,970
Net Current Assets
142,281
145,251
142,281
145,251