Charity number: 1123309 ## **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** **UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025** ## **Prepared By:** Swan Accounting Services Accounting & Business Consultancy FFOF25A CEME Innovation Centre Marsh Way Rainham RM13 8EU **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **TRUSTEES** Rev Mother Olukemi BoSEDE AMOO Daniella Oreoluwa AJAYI Omobolanle Oyejobi ERINFOLAMI Elizabeth Anuoluwapo OGUNSEYE ## **REGISTERED OFFICE** Lex house 1-7 Hainault Street Ilford Essex IG1 4EL ## **CHARITY NUMBER** 1123309 ## **BANKERS** Lloyds Bank ## **ACCOUNTANTS** Swan Accounting Services Accounting & Business Consultancy FFOF25A CEME Innovation Centre Marsh Way Rainham RM13 8EU page 1 ## **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2025** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Statement of Financial Activities|-| |Balance Sheet|5| |Notes to the Accounts|6 to 10| |Detailed Statement of Financial Activities|9| page 2 ## **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES' REPORT** The trustees present their report and accounts for the year ended 31 March 2025 ## **PRINCIPAL ACTIVITIES** The principal activity of the charity in the year under review was Activities of religious organisations . ## **STRUCTURE GOVERNANCE AND MANAGEMENT** The Calvary Of Mercy C&S Church, Ajaa Otito is a registered charity. The Financial Statements comply with current statutory requirements, the organisation's constitution and the Statement of Recommended Practice-Accounting and Reporting by Charities. The Calvary Of Mercy C&S Church, Ajaa Otito is managed and administered by a committee of Trustees and elders of the church elected by the trustees in accordance with its constitution. ## **APPOINTMENT OF TRUSTEES** The trustees are elected at the AGM. The Calvary Of Mercy C&S Church, Ajaa Otito may appoint or remove a Trustee by ordinary resolution. When appointing Trustees, the Church gives due consideration to the knowledge skills and experience of the existing Trustees and seeks to ensure that the skill mix of the Board is appropriately balanced. ## **OBJECTIVES AND ACTIVITIES OF THE CHARITY** The charity's objects are: 1. To advance the Christian Religion by propagating the Doctrines of Jesus Christ. 2. To evangelise the teachings of Jesus Christ. 3. To advance the spiritual growth of members Our Ministry work - 1.Prayer support - 2.Educational counselling and career guidance 3. Pre-marital and Post-marital counselling - 4.Bereavement counselling and comforting - 5.Welfare provision (Food bank) page 3 ## **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **FOR THE YEAR ENDED 31 MARCH 2025** ## **TRUSTEES' REPORT** ## **THE MAIN ACTIVITIES UNDERTAKEN DURING THE YEAR TO FURTHER THE CHARITYS PURPOSE FOR THE PUBLIC** The church's activities are available to Christians and non-Christians, members and non-members alike; there is no restriction to attendance. The community have been attracted to and enjoyed our services including, weekly Sunday worship services at our Easter Conventions, Christmas and New Year's Eve watch night services. ## **PUBLIC BENEFIT** We have referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the set aims and objectives. We add to the local economy and we provide volunteering opportunities to local people to enhance their skills and gain experiences This report was approved by the Board of Trustees on 20 January 2026 Rev Mother Olikemi Bosede AMOO Trustee page 4 ## **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **BALANCE SHEET AT 31 MARCH 2025** |**BALANCE SHEET AT 31 MARCH 2025**||||| |---|---|---|---|---| |**Notes**
**FIXED ASSETS**
Tangible assets
3
**CURRENT ASSETS**
Cash at bank and in hand
**CREDITORS: Amounts falling due within one year**
4
**NET CURRENT ASSETS / (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**CAPITAL AND RESERVES**
**Unrestricted funds**
**5**
General fund|2,045
2,045
1,250|**2025**
**£**
1,210
795
2,005
2,005
2,005|165
165
950|2024
£
1,614
(785)| |||||829| |||||829| |||||829| For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ## **Approved by the board of trustees on 20 January 2026 and signed on their behalf by** ............................. Rev Mother Olukemi BoSEDE AMOO Trustee ............................. Daniella Oreoluwa AJAYI Trustee ............................. Omobolanle Oyejobi ERINFOLAMI Trustee page 5 **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **1a. Basis Of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Change In Accounting Policy** In preparing the financial statements for the current year, the company has adopted the following Financial Reporting Standards: -Financial Reporting Standard for Smaller Entities (effective January 2015). The adoption of new accounting standards has not resulted in any adjustments to the results of the company in either this year or the previous year. ## **1c. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1d. Resources Expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **1e. Allocation And Apportionment Of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1f. Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. page 6 ## **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **1g. Depreciation** Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Equipment reducing balance 25% ## **1h. Turnover** Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. ## **2. EMPLOYEES** |Average number of employees
**3. TANGIBLE FIXED ASSETS**
**Cost**
At 1 April 2024
At 31 March 2025
**Depreciation**
At 1 April 2024
For the year
At 31 March 2025
**Net Book Amounts**
At 31 March 2025
At 31 March 2024
**4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors|**2025**
**No.**
-
**Equipment**
**£**
2,152
2,152
538
404
942
1,210
1,614
**2025**
**£**
1,250
1,250||2024
**No.**
-
**Total**
**£**
2,152| |---|---|---|---| ||||2,152| ||||538
404| ||||942| ||||1,210| ||||1,614| ||||2024
£
950
950| page 7 ## **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **5. UNRESTRICTED FUNDS** General fund ## **6. RESTRICTED FUNDS** |**Brought**
**forward**
**£**
829|**Incoming**
**resource**
**s**
**£**
22,418|
**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**
(21,242)
-
(21,242)
-

**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**
(19,986)
-
(19,986)
-|
**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**
(21,242)
-
(21,242)
-

**Outgoing**
**resource**
**s**
**Transfers **
**£**
**£**
(19,986)
-
(19,986)
-|**Carried**
**forward**
**£**
2,005| |---|---|---|---|---| |829|22,418||-|2,005| |**Brought**
**forward**
**£**
-|**Incoming**
**resource**
**s**
**£**
19,986|||**Carried**
**forward**
**£**
-| |-|19,986||-|-| ## **7. GRAND SEWING** Grant for sewing page 8 ## **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **Incoming Resources** ## **for the year ended 31 March 2025** |**Incoming Resources**
**for the year ended 31 March 2025**||||| |---|---|---|---|---| |**Incoming resources**
**Incoming resources from generated funds**
**Donations & Other Givings**
Donations
**From Charitable Activities 1**
Tithe
Offering|4,240
3,814
14,364|**2025**
**£**
4,240
24,226
18,178
18,178
42,404|3,526
3,171
11,945|2024
£
3,526| |||||3,526| |||||15,116| |||||15,116| |||||18,642| page 9 **THE CALVARY LAND OF MERCY C&S CHURCH, AJARA OTITO** ## **Expenses** ## **for the year ended 31 March 2025** |**Expenses**
**for the year ended 31 March 2025**||| |---|---|---| |**Expenses**
**Costs of generating funds**
**Costs Of Generating Voluntary Income**
Purchases- Sewing Machine
Materials
**Charitable Activities**
Event and Other Services provided
Instrumentalist and Drummer
Streaming, Radio and Tv cost
Travel and Subsistence
Heat and light
Rent
Church Cleaning & Wast Collection
Repairs and renewals
Trainers Allowance
Equipment maintenance
Accountancy fees
Protective clothing
Printing
Stationery & office supplies
Telephone
Sundry tools and maintenance
Sundry expenses
Depreciation of equipment|**2025**
**£**
6,421
4,216
10,637
10,637
1,403
1,624
619
468
3,142
9,780
411
317
6,955
877
1,250
942
119
492
286
984
518
404
30,591
41,228|2024
£
-
-| |||-| |||-| |||1,258
1,150
525
-
2,144
9,780
247
268
-
393
950
-
102
319
139
-
-
538| |||17,813| |||| |||17,813| page 10