Registered Charity Number 1114636
CHRIST RESURRECTION POWER MINISTRY
Report and Accounts
31 March 2024
FP Associates Limited Chartered Certified Accountants 36A Goodmayes Road Ilford, Essex IG3 9UR
CHRIST RESURRECTION POWER MINISTRY Report and Accounts
Contents
| Page | |
|---|---|
| Charity information | 3 |
| Trustees’ report | 4 |
| Independent examiner’s report | 7 |
| Statement of financial activities | 8 |
| Statement of Assets and Liabilities | 9 |
| Notes to the accounts | 10 |
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CHRIST RESURRECTION POWER MINISTRY Charity information
Trustees
Rev Sunday Sikiru Olatunji Evangelist Funmilola Olatunji Mr Anthony Olusola Ogundare Deaconess Francoise Kossoko
Charitable position:
Registered Charity number 1114636
Address for correspondence:
11 Rays Road Upper Edmonton London N18 2NX
Independent Examiner
Fumi Popoola FP Associates Limited 36A Goodmayes Road Ilford Essex IG3 9UR
Bankers HSBC Plc 1 Aldermans Hill Palmers Green London N13 4YE
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CHRIST RESURRECTION POWER MINISTRY The report of the Trustees
The trustees’ present their report and accounts for the year ended 31 March 2024.
Name, registered office and constitution of the charity
The full name of the charity is Christ Resurrection Power Ministry.
The charity was formed as an unincorporated charity on 19 April 2006.
Its’ registered charity number is 1114636
The registered office is 11 Rays Road, Upper Edmonton, London N18 2NX
The telephone number is 020 8807 7399
Objects of the Charity
The objects of the charity is the advancement of the Christian religion with a view that all mankind will be restored to the knowledge of God
The principal activities continued to relate to the promotion and progression of Christianity and the underlying vital truths that has underpinned this religion throughout the last 2000 years. In striving to accomplish this objective Christ Resurrection Power Ministry, continues to look for opportunities to assist those in need, especially the socially excluded and those who are deprived from a good quality of life.
Organization
A board of four trustees, who meet quarterly, administers the charity. There are subcommittees covering development, membership and finance.
Investment powers
Under the memorandum and articles of association, the charity has the power to make any investment which the trustees see fit.
Review of the activities and future developments
Christ Resurrection Power Ministry continues to pursue the advancement of the Christian faith. However, in the light of the ever-evolving political climate that governs religious charities it is becoming more apparent that Christ Resurrection Power Ministry must embark upon a course of intense structural renewal that will secure the aims and objectives of the church into the unforeseeable future.
Appointment of Trustees
The initial Trustees were appointed in agreement with our core values, beliefs and following the wider culture sector’s approach to best practice on due care and diligence.
The procedure for appointment of Trustees in the future is by majority vote from the current Trustees.
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The members of the Board of Trustees’ of the Charity during the year ended 31 March 2024 were:-
Rev Sunday Sikiru Olatunji Evangelist Funmilola Olatunji Mr Anthony Olusola Ogundare Deaconess Francoise Kossoko
The Trustees as at the date the accounts were approved were:-
Rev Sunday Sikiru Olatunji Evangelist Funmilola Olatunji Mr Anthony Olusola Ogundare Deaconess Francoise Kossoko
Income
All Trustees give their time voluntarily and receive no benefits from the charity. Christ Resurrection Power Ministry relies on Grants and donations.
Risk Management
The Trustees have reviewed the risks to which a small charity operating along these lines is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.
Responsibilities of the Trustees
Charity Law requires the Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.
We are required to:
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Select suitable accounting policies and apply them consistently
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Make judgements and estimates that are reasonable and prudent
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State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts
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Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Our Aims and Objectives
The key aims of the charity are as follows:-
To encourage, support and facilitate the development of sustainable projects in the community To work with other organizations within the voluntary and statutory sector to identify those people who are in need and would benefit from what the charity has to offer.
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Public Benefit requirement
In planning the activities, the Trustees have applied the guidance issued by the Charity Commission on public benefit.
Plans for Future periods
We plan to develop a strategic plan for the organization. To provide sound planning as to our strategic direction
To work closely with churches, other voluntary and statutory organizations in order to pursue the charity’s objectives.
We plan to recruit volunteer helpers in assisting with communications and social media.
Independent Examiner
Fumi Popoola of FP Associates Limited was appointed as the charity’s independent examiner for the financial year.
This report was approved by the board of trustees on 30 January 2025 and is signed on their behalf by
S.Olatunji
Rev Sunday Olatunji Date: 30 January 2025
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CHRIST RESURRECTION POWER MINISTRY
Independent Examiner’s Report
Report of the Independent Examiner to the Trustees’ on the accounts of the Charity for the year ended 31 March 2024
I report on the accounts of the CIO for the year ended 31 March 2024, which are set out on pages 11 to 12.
Respective responsibilities of trustees and examiner
The Charity’s trustees are responsible for the preparation of the accounts. The trustees consider that the audit requirement of section 144(2)) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
It is my responsibility to:
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Examine the accounts under section 145 of the 2011 Act;
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To follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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To 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 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 incudes consideration of any unusual items of disclosure in the accounts, and seeking explanations from you as trustees concerning 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 my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Fumi Popoola B.Sc(Econ) FCCA CTA FP Associates Limited 36A Goodmayes Road Ilford Essex IG3 9UR
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Date: 30 January 2024 CHRIST RESURRECTION POWER MINISTRY Receipts and Payments Account for the year ended 31 March 2024
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | Funds | ||
| Notes | £ | £ | £ | |
| Receipts | ||||
| Receipts from generated funds | - | - | - | |
| Grants | - | - | - | |
| Donations | 2 | 27,711 |
- | 27,711 |
| ----------- | ---------- | --------- | ||
| Total incoming resources | 27,711 | - | 27,711 | |
| Costs of raising and generating funds | - | - | - | |
| Net incoming resources available | ---------- | ---------- | ---------- | |
| for charitable applications | 27,711 | - | 27,711 | |
| ---------- | ---------- | ---------- | ||
| Payments | ||||
| Charitable activities | 3 | 23,106 |
- | 23,106 |
| Support costs of activities | - | - | - | |
| Governance costs | 4 | 1,240 |
- | 1,240 |
| ---------- | --------- | --------- | ||
| Total resources expended | 24,346 | - | 24,346 | |
| ---------- | --------- | --------- | ||
| Net incoming/(outgoing) resources | ||||
| before revaluations and | 3,365 | - | 3,365 | |
| Transfer between funds |
- | - | - | |
| --------- | --------- | --------- | ||
| Net movement in funds | 3,365 | - | 3,365 | |
| Total funds brought forward | 650 | - | 650 | |
| ---------- | --------- | ---------- | ||
| Total funds carried forward | 4,015 | - | 4,015 | |
| ---------- | --------- | ---------- |
The notes on page 10 form part of these accounts
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CHRIST RESURRECTION POWER MINISTRY Statement of Assets and Liabilities for the year ended 31 March 2024
| £ | |
|---|---|
| Fixed assets | |
| The value of assets owned are: | |
| Equipment | - |
| Bank & Cash Balances | |
| Investments | - |
| Cash at bank and in hand | 4,015 |
| Other Assets and Liabilities | |
| Assets | - |
| Liabilities | |
| Unbilled fee for Independent Examination | 240 |
| Expenses to be reimbursed | - |
The accounts were approved by the Trustees and signed on their behalf on 30 January 2024 Rev Sunday Olatunji ……S Olatunji……………………………....
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CHRIST RESURRECTION POWER MINISTRY Notes to the accounts for the year ended 31 March 2024
1. Accounting Policies
The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities.
2. Voluntary receipts
| Unrestricted Funds Donations 27,711 27,711 3. Charitable activities Bank charges 219 Rent 4,330 Outreach 15,384 Insurance 790 Transport costs 2,175 Sundry 208 23,106 4. Governance costs Trustees expenses 1,000 Accountancy 240 1,240 |
Restricted Funds - - - - - - - - - - - - |
Total Funds 27,711 27,711 219 4,330 15,384 790 2,175 208 23,106 1,000 240 1,240 |
Total Funds 27,711 27,711 219 4,330 15,384 790 2,175 208 23,106 1,000 240 1,240 |
|---|---|---|---|
5. Staff and Trustees
The charity does not have any employed staff. Its activities are generally carried out by volunteers.
Trustee expenses totalling £1,000 were paid to Rev Sunday Olatunji during the year ended 31 March 2024.
6. Funds
There were no restricted funds in the year ended 31 March 2024.
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