2022-09-30-accounts

Registered number: 5941593 Charity number: 1119216

CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2022

CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

CONTENTS

	Page
Reference and administrative details of the Charity, its Trustees and advisers	1
Trustees' report	2 - 5
Independent examiner's report	6
Statement of financial activities	7
Balance sheet	8 - 9
Notes to the financial statements	10 - 20

CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2022

Trustees	S O APPOH
	F A LARBI
	R HOOPER
	D T OLUSILE
	A OLUSILE
Company registered number 5941593 Charity registered number 1119216 Registered office 20 Pearce Drive Faringdon SN7 7ND

Page 1

CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022

The Trustees present their annual report together with the financial statements of the CHRIST ARMY CHARISMATIC MINISTRIES for the 1 October 2021 to 30 September 2022. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Christ Army Charismatic Ministries was registered as a charity on 16 May 2007. It has a five-member board of trustees, who are ultimately responsible for the overall running of the charity, its property, finances, charitable activities and employment of its staff or volunteers. The trustees also aim to work in a way, so as to ensure the smooth running of the church, to enable it fulfill its Christian mandate in promoting the Christian faith primarily in the Abingdon-Oxfordshire area, and in other towns, cities and counties in the United Kingdom as a whole. Since 2011, another branch of the church has been operating in Swindon, Wiltshire.

Objectives and activities

Strategies for achieving objective s

Through Worship, Prayer and Bible Studies we seek to know God better, and to be conformed to His purposes for our lives. In partnership with other Christians we wish to make His love known within the local community.

Our Mission Statement reads “To Glorify God by the preaching of the word of faith, to bring people to the family of Christ Jesus, nurture them to Christian maturity, equip and empower them for ministry in the church and the world”. The Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God.

The New Testament reveals the Church as a community of people properly taught and cared for, by Christ Jesus and the Apostles. Christ Army Charismatic Ministries; its trustees, pastors, elders and members are committed to the restoration of those New Testament principles. The Church strives to provide spiritual nourishment and growth to our members so that they can also reach out to the community and beyond. Members are trained and encouraged to live exemplary lives in the community and to lead other people in the community, particularly those who are not Christians, to come to the saving knowledge of Christ, and to live purpose-driven lives that will impact their communities in various positive ways.

Activities undertaken to achieve objectives

The church has several activities, which are directed at achieving our aims. Our activities include Marriage seminars, Weekly Bible Studies, Fasting and Prayer, Outreach Programs (Evangelism), And Charitable Giving [We Care Program] etc. These activities are undertaken through our various dedicated departments and ministries. The head pastor offers counselling to our members as well as members of the community. We also have social activities such as Family Fun Days, Games, Picnics, Beach Trips, and Gospel Concerts etc., which bring members of the church and the community together to socialize and celebrate. This year, just like in previous years, the church intensified its outreach program in the community through events such as Family Fun Days, Soup Kitchens and Fanfares etc , which helped advance social integration, cohesion and unity in our community.

Page 2

CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022

Objectives and activities

 Policies and objectives

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

 Main activities undertaken to further the Charity's purposes for the public benefit

Achievements and performance

 Main achievements of the Charity

The year 2022 continues to be challenging due to the impact of the covid-19 pandemic which resulted in reduction in our membership. The church Trustees, pastors and elders remain committed in working hard to continue to rebuild the membership back to appreciable numbers.

In order to promote this vision and keep the church running, various online(zoom) social activities such as bible studies, cell meetings, movie discussion, book discussion, children’s plays and quizzes, youth services etc are organized to bring the church family together. These continue to be popular and produce a lot of positive feedback. Our counseling sessions are also intensified, especially towards those who we deemed most vulnerable, such as single parents and individuals who live on their own.

Furthermore, the head pastor and his wife undertake regular visits to members of the church to strengthen them spiritually, and also to check on their physical and mental wellbeing. On such visits, individuals who are identified as having special needs such as finances and food etc, are supported.

Finally By way of reaching out to the community, the church donated various can and dry foods to our local food banks and also organized soup kitchens and gave out food packages to give something back to the community and also help those who are hardly hit financially by the cost of living crisis and the continuous effects of the covid 19 pandemic.

Financial review

 Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

 Reserves policy

The charity has maintained substantial cash reserves with the aim of acquiring a property to house its vision and activities. The trustees deem it a key success factor in achieving its charitable objectives.

Page 3

CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022

 Principal funding

The Church is mainly funded by members’ donations.

Structure, governance and management

 Constitution

CHRIST ARMY CHARISMATIC MINISTRIES is registered as a charitable company limited by guarantee and was set up by a Trust deed.

 Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

 Organisational structure and decision-making policies

Appointed non-paid members of the church keep our transaction records. Directions relating to the charitable trust are made by the Trustees in consultation with the Elders [pastors and ministers]. Day to day decisions on expenditure are taken by a three-man non-paid finance board, with budgets set and monitored by the Trustees. The powers of appointment or removal of Trustees rests with the Trustees with the approval of the elders [pastors and ministers]. New Trustees are primarily selected from the members of the church or from the leaders of other local churches sharing the same vision. On being appointed, new Trustees will spend time with the existing Trustees to ensure they understand their responsibilities with regards to the legal and financial framework in which the church operates.

Plans for future periods

The church aims to continue to advance its mission of saving souls, raising leaders, impacting lives of individuals, homes and communities at large, through our yearly anniversary celebration programs, conferences and weekly Friday, Saturday and Sunday services. The goal of Christ Army Charismatic Ministries is to continue to see improvements in our vision, mission, aims and goals every year. The Church is also praying and working earnestly towards acquiring our own property. More importantly the church is committed to our vision of making a positive impact in the community and to continue to reach out to the youth and vulnerable. We aim to achieve these through teaching and outreach programs.

Members' liability

The Members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up.

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CHRIST ARMY CHARISMATIC MINISTrIES (A Company Ilmlted by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022 Statement of Tvustees. responsibili¢i•s The Trustees (who are also the dlrectors of the ChaiTty for the purposes of company law) are responsible for preparing the Tnjstees, report and the financial statements in accordance wth applicable law and United Kingdom Ac￿unting Standards {Un￿ed KIng￿ffi Generally Accepted Accounling Practice). Company law requir8S the Trustees to prnpa￿ financial statements for each financial . Under company law. the Trustees musl not approve the financial stslements unless they 8re satisfied th81 they give a true and fair view of the slal8 of affairs of the Charity and of ils incoming resources and application of resources, induding ils income and expenditure, for that period. In preparing these finawal stalem8nls. the Tnjstees are required to.. select suitable accounting policies and then appty them consistenty,. observe the melhixls and princtples of the Charits'es SORP IFRS 102),. make judgments and accounting estimates that are reasonable and prudent,. state whether applicable UK Accounting Stsndard$ IFRS 1021 have been follow¢d. subject lo any malerlal departures disdosed and explained in the financial statements: prepare the financial slalements on the going concem basis unless it is inappropriate to presume that the Charfty will continue in business. Tho TTUStee$ are responsible for keeping adequate 8ccounling records that are sufficient to show and oxplaln the Charills transactions and disclose wth reasonablo accuracy at any time finanual position of the Charity and gnable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They are also r8sponsible for safeguarding the assets of the Chanty and hence for tsking reasonable steps for the prevantion and detection of fraud and other irregularitses. Approved by order of the members of the board of Trustees and signed on their behalf by. F A LARBI D8te.' 18 September 2023 Page 5

CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022

Independent examiner's report to the Trustees of CHRIST ARMY CHARISMATIC MINISTRIES ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2022.

Responsibilities and basis of report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 18 September 2023 D Tabiri FCCA

GIL Accountancy Services

Page 6

CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2022

Note Income from: Donations and legacies 3 Investments 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2022 £ 123,662 65 123,727 134,437 134,437 (10,710) 201,172 (10,710) 190,462	Restricted funds 2022 £ - - - - - - 101,290 - 101,290	Total funds 2022 £ 123,662 65 123,727 134,437 134,437 (10,710) 302,462 (10,710) 291,752	Total funds 2021 £ 100,372 49
				100,421
				90,673
				90,673
				9,748
				292,714 9,748
				302,462

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 10 to 20 form part of these financial statements.

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee) REGISTERED NUMBER: 5941593

BALANCE SHEET AS AT 30 SEPTEMBER 2022

Note Fixed assets Tangible assets 9 Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 12 Net assets excluding pension asset Total net assets Charity funds Restricted funds 13 Unrestricted funds General funds 13 Total unrestricted funds 13 Total funds	13,242 281,871 295,113 (24,470) 190,462	2022 £ 61,560 61,560 270,643 332,203 (40,451) 291,752 291,752 101,290 190,462 291,752	13,242 277,965 291,207 (11,752) 201,172	2021 £ 70,371 70,371 279,455 349,826 (47,364) 302,462 302,462 101,290 201,172 302,462

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

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CHRIST ARMY CHARISMATIC MINISTRJES IA company Ilmlted by guarantee) REGISTERED NUMBER: 5941593 BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 2022 The financial slalements have been prepared in accordance the provisions applicable to entslies subject to the small companies regime. The financial $tslement$ were approved and authoriged for issue by the Trustees on 18 September 2023 and signed on their behalf by-. SOA poh The notes on pages 10 to 20 fom) part of these finandal ststements. Page 9

CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

1. General information

Christ Army Charismatic Ministries is a charitable company, limited by guarantee, registered in England and Wales. The charitable company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

CHRIST ARMY CHARISMATIC MINISTRIES meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

2. Accounting policies (continued)

2.5 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Motor vehicles - 10% Straight line - Church & Office equipment 20% Straight line

2.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.9 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

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CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

2. Accounting policies (continued)

2.10 Finance leases and hire purchase

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the Charity. Obligations under such agreements are included in creditors, net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the Statement of financial activities so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

Unrestricted funds 2022 £ Donations 123,662 Unrestricted funds 2021 £ Donations 100,372	Total funds 2022 £ 123,662
	Total funds 2021 £ 100,372

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

4. Investment income

Unrestricted funds 2022 £ Bank interest received 65 Unrestricted funds 2021 £ Bank interest received 49 5. Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2022 £ Cost of generating voluntary income 133,956 Charitable activities 481 134,437 Unrestricted funds 2021 £ Cost of generating voluntary income 90,193 Charitable activities 480 90,673	Total funds 2022 £ 65
	Total funds 2021 £ 49
	Total 2022 £ 133,956 481
	134,437
	Total 2021 £ 90,193 480
	90,673

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

6. Analysis of expenditure by activities

Cost of generating voluntary income Charitable activities Cost of generating voluntary income Charitable activities	Activities undertaken directly 2022 £ 133,367 481 133,848 Activities undertaken directly 2021 £ 89,393 480 89,873	Support costs 2022 £ 589 - 589 Support costs 2021 £ 800 - 800	Total funds 2022 £ 133,956 481
			134,437
			Total funds 2021 £ 90,193 480
			90,673

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

6. Analysis of expenditure by activities (continued)

Analysis of direct costs

Depreciation Wages, salaries and benefits Empolyer NI Rent & Hall hire Printing, postage & stationary Honorarium Ministry expenses Welfare expenses Anniversary & other programmes Hospitality Telephone Insurance Motor expenses Pensions Bank charges	Cost of generating voluntary income 2022 £ 8,811 42,027 4,231 15,826 163 6,000 2,064 33,417 3,594 2,547 1,174 1,398 11,205 910 - 133,367	Charitable activities 2022 £ - - - - - - - - - - - - - - 481 481	Total funds 2022 £ 8,811 42,027 4,231 15,826 163 6,000 2,064 33,417 3,594 2,547 1,174 1,398 11,205 910 481
			133,848

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CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

6. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Cost of generating volunt 2021 £ Depreciation 3,009 Wages & Salaries 32,675 Empolyer NI 1,310 Hall hire 10,991 Printing, postage & stationery 22 Honorarium 6,200 Vicarage & ministry expenses 2,859 Welfare expenses 22,213 Anniversary, Hop Hop & other programmes 2,830 Hospitality 3,038 Telephone 1,440 Insurance 1,126 Motor expenses 1,108 Sundries 375 Pensions 197 Bank charges - 89,393 7. Independent examiner's remuneration Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts Fees payable to the Charity's independent examiner in respect of: All other services not included above	Charitable activities 2021 £ - - - - - - - - - - - - - - - 480 480 2022 £ 500 -	Total funds 2021 £ 3,009 32,675 1,310 10,991 22 6,200 2,859 22,213 2,830 3,038 1,440 1,126 1,108 375 197 480
		89,873
		2021 £ 500 300

8. Trustees' remuneration and expenses

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Charity. Remuneration was paid in respect of services provided to the charity in an employment capacity as a minister of religion. The value of Trustees' remuneration and other benefits was as follows:

		2022	2021
		£	£
S O APPOH	Remuneration	29,658	18,304
	Pension contributions paid	910	197
	Other benefits	-	14,371

During the year ended 30 September 2022, no Trustee expenses have been incurred (2021 - £NIL) .

9. Tangible fixed assets

Cost or valuation At 1 October 2021 At 30 September 2022 Depreciation At 1 October 2021 Charge for the year At 30 September 2022 Net book value At 30 September 2022 At 30 September 2021	Motor vehicles £ 94,230 94,230 23,859 8,811 32,670 61,560 70,371	Office equipment £ 44,889 44,889 44,889 - 44,889 - -	Total £ 139,119
			139,119
			68,748 8,811
			77,559
			61,560
			70,371

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

10. Debtors

Due after more than one year Due within one year Other debtors	2022 £ 13,242 13,242	2021 £ 13,242
		13,242

11. Creditors: Amounts falling due within one year

Other taxation and social security Obligations under finance lease and hire purchase contracts Pension fund loan payable Other creditors Accruals and deferred income	2022 £ 15,167 6,913 70 1,820 500 24,470	2021 £ 4,338 6,914 - - 500
		11,752

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

12. Creditors: Amounts falling due after more than one year

	2022	2021
	£	£
Net obligations under finance lease and hire purchase contracts	40,451	47,364

13. Statement of funds Statement of funds - current year Unrestricted funds General Funds 1 Restricted funds Restricted Funds - all funds Total of funds Statement of funds - prior year Unrestricted funds General Funds 1 Restricted funds Restricted Funds - all funds Total of funds	Balance at 1 October 2021 £ 201,172 101,290 302,462 Balance at 1 October 2020 £ 180,433 112,281 292,714	Income £ 123,727 - 123,727 Income £ 100,421 - 100,421	Expenditure £ (134,437) - (134,437) Expenditure £ (79,682) (10,991) (90,673)	Balance at 30 September 2022 £ 190,462
				101,290
				291,752
				Balance at 30 September 2021 £ 201,172
				101,290
				302,462

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CHRIST ARMY CHARISMATIC MINISTRIES

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

14. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds 2022 £ Tangible fixed assets 61,560 Current assets 193,823 Creditors due within one year (24,470) Creditors due in more than one year (40,451) Total 190,462	Restricted funds 2022 £ - 101,290 - - 101,290	Total funds 2022 £ 61,560 295,113 (24,470) (40,451) 291,752

Analysis of net assets between funds - prior year

Tangible fixed assets Current assets Creditors due within one year Creditors due in more than one year Total	Unrestricted funds 2021 £ 70,371 189,917 (11,752) (47,364) 201,172	Restricted funds 2021 £ - 101,290 - - 101,290	Total funds 2021 £ 70,371 291,207 (11,752) (47,364) 302,462

15. Pension commitments

The Charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £910 (2021 - £197). Contributions totalling £70 (2021 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

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