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 2024
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) CONTENTS Page Reference and administrative details of the Charity, its Trustees and advisers Trustees. report Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements 10-18
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 2024 Trustees S O APPOH, Chair 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 2024 The Trustees present their annual report together with the financial statements of the CHRIST ARMY CHARISMATIC MINISTRIES for the 1 October 2023 to 30 September 2024. The Annual report seNes 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 propety, 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 objectives 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 Christs'ans 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 diverse backgrounds, whose lives have been impacted by the preaching of the gospel of Christ Jesus, the Son of the living 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 in turn reach out to the larger community and beyond. Members of the church are trained and encouraged to live exemplary lives in their communities and also endeavour to lead other people in their communities, particularly non-christians, to come to the saving knowledge of Christ. and to live purpose-driven lives that will impact their communities in various positive ways. 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 guidan 'Public benefit.. running a charity {PB2}'. Page 2
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2024 Achievements and performance • Main achievements of the Charity The church has several activities, which are directed at achieving our aims. Our activities include Teaching And discipleship, Outreach Programs (Evangelism). Marriage seminars. Weekly Bible Studies, Fasting and Prayer, Annual, Biannual and Quarterly Conferences. Charitable Giving twe Care Programl, and Worship And Prayer Services etc. These activits'es are undertaken through our various dedicated departments and ministries. The head pastor offers counseling 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. and Fanfares. Free Food Distribution to the community in Abingdon Town Center etc , which helped advance social integration, cohesion And unity in our community. 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 concem basis can be found in the accounting policies. • Reserves policy The charity has maintained substantial cash reseNes with the aim of acquiring a propety to house its vision and activities. The trustees deem it a key success factor in achieving its charitable objectives. • 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. Page 3
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2024 Structure, governance and management (continued) • 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 Ipastors and ministersl. 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 Ipastors and ministersl. 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 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 propety. 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. We aim to achieve these through impactful teaching and outreach programs. Members. liability The Members of the Charity guarantee to contribute an amount not exedIng £1 to the assets of the Charity in the event of winding up. Page 4
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 30 SEPTEMBER 2024 ststement of Trustees. responsibilities The Trustees (who are also the directors of the Charity for the purposes of company law} are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure. for that period. In preparing these financial statements. the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP (FRS 102)., make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on 31 July 2025 and signed on their behalf by.. S O APPOH (Trustee) Page 5
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 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 2024. Responsibilities and basis of report As the Trustees of the Charity land 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 14515)(bl of the 2011 Act. Independent examiner's statement I have completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act" or the accounts do not accord with those records,. or 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 fairf view which is not a matter considered as part of an independent examination- or 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 lapplicable 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 l 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= 31 July 2025 D Tabiri FCCA GIL Accountsncy 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 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Total funds 2023 Note Income from: Donations and legacies Investments 122.584 4,675 122.584 4,675 110,001 Total income 127,259 127,259 tIO,001 Expenditure on: Raising funds Charitable activities 542 97.161 542 111.891 430 153, 804 14.730 Total expenditure 97.703 14.730 112.433 154, 234 Net movement in funds 29,556 (14,730) 14,826 (44,233) Reconciliation of funds: Total funds brought foNard Net movement in funds 159,469 29.556 88,050 (14.730) 247,519 14.826 291,752 (44,233J Total funds carried forward 189,025 73.320 262.345 247,519 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 10 to 18 form part of these financial statements. Page 7
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee REGISTERED NUMBER: 5941593 BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Note Fixed assets Tangible assets 10 43.938 52, 749 43,938 52, 749 Current assets Cash at bank and in hand 259.064 246,341 259,064 246,341 Current liabilities Creditors.. amounts falling due within one year {14.032) (18, 033) Net current assets 245,032 228,308 Total assets less current liabilities 288.970 281,057 Creditors.. amounts falling due after more than one year 12 (26.625) (33,538J Net assets excluding pension asset 262,345 247,519 Total net assets 262.345 247,519 Charity funds Restricted funds.. Restricted funds 13 73,320 88, 050 Total restricted funds Unrestricted funds 13 73.320 88,050 General funds 13 189,025 159,469 Total unrestricted funds 13 189.025 159,469 Total funds 262,345 247,519 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. Page 8
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee REGISTERED NUMBER: 5941593 BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 2024 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparats'on of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. S O Appoh Date= 31 July 2025 Page 9
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 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. 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 1021 (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. 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 beeen 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 raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. 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. 2A Interest receivable Interest on funds held on deposit is induded 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. Page 10
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 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, tsngible 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 Church & Office equipment 10°/o Straight line 20 % Straight line 2.6 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 acquisits-on or opening of the deposit or similar account. 2.7 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. 2.8 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. Page11
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accounting policies (continued) 2.9 Finance leases and hire purchase Assets obtained under hire purchase contracts and finan 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. 2.10 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. Income from donations and legacies Unrestricted funds 2024 Total funds 2024 Total funds 2023 Donations 122,584 122,584 tIO,001 Investment income Unrestricted funds 2024 Total funds 2024 Total funds 2023 Bank interest received 4,675 4.675 Page 12
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Expenditure on raising funds Costs of raising voluntary income Unrestricted funds 2024 Total funds 2024 Total funds 2023 Advertising & publicity 542 542 430 Analysis of expenditure on charitable activities Summary by fund type Unrestricted Restricted funds funds 2024 2024 Total 2024 Total 2023 Cost of generating voluntary income Charitable activities 94,635 2,526 14,730 109,365 2.526 150,242 3,562 97,161 14,730 111,891 153, 804 Anatysis of expenditure by activities Activities undertaken directty 2024 Support costs 2024 Total funds 2024 Total funds 2023 Cost of generating voluntsry income Charitable activities 108.865 2.526 500 109,365 2.526 t 50,242 3,562 111,391 500 111.891 153, 804 Page 13
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Anatysis of expenditure by activities (continued Anatysis of direct costs Cost of generating voluntary Charitable income activities 2024 2024 Total funds 2024 Total funds 2023 Depreciation Wages. salaries and benefits Empolyer Nl Rent & Hall hire Printing, postage & stationary Honorarium 8.811 36.214 8.811 36,214 8,811 24,250 1,438 13,240 312 14.730 482 14,730 482 5.000 16,253 7.200 3,791 3.000 1.613 960 5,000 18.478 7,200 3.791 3,000 1.613 960 5, 700 3,630 22, 768 12,000 1,360 1,520 1,515 17,372 t,019 562 Ministry expenses Welfare expenses Anniversary & other programmes Hospitality Telephone Insurance 2,225 Motor expenses Pensions 10,207 604 10.207 604 Bank charges 301 301 108,865 2,526 111.391 115,497 Independent examiner's remuneration 2024 2023 Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts 500 600 Page 14
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Trustees. remuneration and expenses During the year, one or more Trustees has been paid remuneration or has reiVed other benefits from an employment with the Charity. Remuneration was paid in respect of SeNiS provided to the charity in an employment capacity as a minister of religion. The value of Trustees, remuneration and other benefits was as follows.. 2024 2023 S O APPOH Remuneration 26,371 604 37,327 1,019 Pension contributions paid During the year ended 30 September 2024, no Trustee expenses have been incurred (2023 - £NIL). 10. Tangible fixed assets Motor vehicles Office equipment Total Cost or valuation At 1 October 2023 94.230 44,889 139,119 At 30 September 2024 94,230 44,889 139,119 Depreciation At 1 October 2023 Charge for the year 41.481 8,811 44,889 86,370 8,811 At 30 September 2024 50.292 44,889 95,181 Net book value At 30 September 2024 43,938 43,938 At 30 September 2023 52, 749 52, 749 Page 15
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 11. Creditors: Amounts falling due within one year 2024 2023 other taxation and social security Obligations under finance lease and hire purchase contracts Accruals and deferred income 6.619 6,913 500 10,620 6,913 500 14,032 18,033 12. Creditors: Amounts falling due after more than one year 2024 2023 Net obligations under finance lease and hire purchase contracts 26,625 33,538 Page 16
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 13. Ststement of funds ststement of funds - current year Balance at 30 September 2024 Balance at 1 October 2023 Income Expenditure Unrestricted funds General Funds 1 159,469 127,259 (97,703) 189,025 Restricted funds Restricted Funds- all funds 88.050 (14,730) 73,320 Total of funds 247.519 127.259 (112.433) 262.345 Statement of funds - prior year Balance at 30 September 2023 Balan at l October 2022 Income Expenditure Unrestricted funds General Funds 1 190,462 110,001 (140,994) 159,469 Restricted funds Restricted Funds- all funds 101,290 (13.240) 88,050 Total of funds 291, 752 110,001 (154, 234) 247,519 Page 17
CHRIST ARMY CHARISMATIC MINISTRIES (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 14. Analysis of net assets between funds Anatysis of net assets between funds - current period Unrestricted Restricted funds funds 2024 2024 Total funds 2024 Tangible fixed assets Current assets 43,938 185,744 (14.032) (26,625) 43,938 259,064 (14,032 (26.625) 73,320 Creditors due within one year Creditors due in more than one year Total 189,025 73,320 262,345 Anatysis of net assets between funds - prior period Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due within one year Creditors due in more than one year 52, 749 158,291 (18, 033) (33, 538) 52, 749 246,341 (18,033) (33,538) 88,050 Total 159,469 88, 050 247,519 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 independendy administered fund. Contributions totalling £Nil (2023 - £Nil) were payable to the fund at the balan sheet date and are included in creditors. Page 18