Charity number: 1126210
CHRIST AMBASSADORS MINISTRIES FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025
LUBBOCK FINE LLP Chartered Accountants Paternoster House 65 St Paul's Churchyard London EC4M 8AB
CHRIST AMBASSADORS MINISTRIES
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 - 14 |
CHRIST AMBASSADORS MINISTRIES
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MAY 2025
| Trustees | Benson Eboh-Abohi |
|---|---|
| Eartha Charmaine Goldstone | |
| Charity registered number 1126210 Principal office 14 Lytton Avenue Enfield Middlesex EN3 6EN Bankers Barclays Bank Plc Independent Examiner Hazra Patel Lubbock Fine LLP Chartered Accountants 3rd Floor Paternoster House 65 St Paul's Churchyard London EC4M 8AB |
Page 1
CHRIST AMBASSADORS MINISTRIES
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MAY 2025
The Trustees present their annual report together with the financial statements of Christ Ambassadors Ministries for the year ended 31 May 2025. The Trustees confirm that the Annual Report and the financial statements of the Charity comply with the current statutory requirements, the requirements of the Charity'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 (FRS 102) (effective 1 January 2019).
Structure, governance and management
Christ Ambassadors Ministries is an unincorporated registered charity, governed by its constitution adopted on 26 September 2008 and updated on 1 May 2021 and is managed by its Trustees.
The Trustees continuously review their competencies and are conscious of the need to maintain a balance of skills. Periodically, additional members may be invited to become Trustees, and this would involve a careful vetting process by the current Trustees to ensure any new member is aware of his/her responsibilities towards the Charity.
New Trustees would be briefed on their legal obligations under charity law, the content of the governing document, the decision-making processes, and the recent financial performance of the Charity.
Trustees
The Trustees who served during the year were:
Benson Eboh-Abohi Eartha Charmaine Goldstone Stella Crisp (resigned 1 October 2025)
Objectives and Activities
The main objectives of the Charity are to advance the Christian Faith in accordance with the Charity's mission statement and the advancement of charitable purposes as the Trustees shall from time to time decide.
In setting the objectives and planning the activity of the Charity, the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.
Achievements and performance
The objectives of Christ Ambassadors Ministries have been accomplished during the year by:
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Promoting the Christian faith and providing spiritual support and development to Christ Ambassadors Family Church members and the community. This was done through:
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a. weekly in-person church services
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b. outreaches to the community
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c. virtual meetings using media channels such as Zoom
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d. sharing weekly bible teachings via YouTube
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e. providing Christian literatures and free bibles to the community.
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Establishing membership classes for individuals who were new to the church
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Organising a baptismal service for new believers who gave their lives to the Lord.
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Offering free transportation to individuals who required assistance attending church services and outreach events.
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Organising the annual community summer fun day for families and children, which was attended by over 400 adults and children from the community.
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Continuing to support church members facing challenging circumstances. This included providing access to professional Christian counsellors to support mental health and overall wellbeing.
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Providing spiritual and financial support to widows, families, single parents, and bereaved church members.
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• Providing spiritual development and support for youth and children within the community.
Page 2
CHRIST AMBASSADORS MINISTRIES
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
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Organising Christmas outreaches for children, youth, families in the community, and residents of elderly care homes.
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Providing spiritual development and support for men and , women in the community through organised programmes, prayer meetings and events.
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Organising an annual volunteer appreciation event in December 2024 to honour and thank the church’s dedicated volunteers for their service and commitment.
Financial review
During the year, the charity generated a surplus of £43,256 (2024 - £63,884). Surpluses generated are carried forward for use in future periods in the furtherance of the Charity's objectives.
Reserves policy
The charity held unrestricted reserves of £496,809 (2024 - £455,098) as at 31 May 2025. After making allowances for funds that can only be realised by disposing of fixed assets, free reserves stood at £494,635. The charity has no formal reserves target but aims to maintain reserves to help sustain and support future outreaches and accumulate additional reserves for the purpose of acquiring its own church building. The current level of reserves are sufficient to enable the charity to continue to carry out its charitable activities. The charity held restricted reserves of £23,050 (2024 - £21,505).
Plans for the future
During the coming year, Christ Ambassadors Ministries will seek to further develop its work and will specifically focus on the following:
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Continuing all existing above activities.
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Increasing outreach within the community and growing attendance at worship services.
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Encouraging more people to commit their lives to following the teachings of our Lord Jesus Christ, as revealed in the Holy Bible.
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Organising baptismal services for new believers who have given their lives to the Lord.
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Organising the annual community summer fun day for families and children in August 2025.
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Increasing the number of trustees and volunteers serving across the various church departments.
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Ensuring that all weekly services and activities for children and young people are held in a safe and secure environment.
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Continuing to progress plans to secure our own church building, offering larger and improved facilities compared to the community hall currently in use.
Independent Examiner
Hazra Patel on behalf of Lubbock Fine has been appointed as independent examiner for the ensuing year.
Approved by order of the members of the board of Trustees and signed on their behalf by:
Benson Eboh-Abohi
Trustee
Date:
Page 3
CHRIST AMBASSADORS MINISTRIES
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MAY 2025
Independent Examiner's Report to the Trustees of Christ Ambassadors Ministries ('the charity')
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 May 2025.
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 parent charity and the charity's Trustees as a body, for my work or for this report.
Responsibilities and Basis of Report
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Hazra Patel, ACA Independent Examiner Lubbock Fine LLP Chartered Accountants & Statutory Auditors Paternoster House 65 St Paul's Churchyard London EC4M 8AB
Date:
Page 4
CHRIST AMBASSADORS MINISTRIES
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MAY 2025
| Note Income from: Donations 2 Investment Income 3 Total income Expenditure on: Charitable activities 4 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 85,956 3,002 88,958 47,247 47,247 41,711 455,098 41,711 496,809 |
Restricted funds 2025 £ 1,545 - 1,545 - - 1,545 21,505 1,545 23,050 |
Total funds 2025 £ 87,501 3,002 90,503 47,247 47,247 43,256 476,603 43,256 519,859 |
Total funds 2024 £ 105,173 1,723 |
|---|---|---|---|---|
| 106,896 | ||||
| 43,012 | ||||
| 43,012 | ||||
| 63,884 | ||||
| 412,719 63,884 |
||||
| 476,603 |
The notes on pages 7 to 14 form part of these financial statements.
Page 5
CHRIST AMBASSADORS MINISTRIES
BALANCE SHEET
AS AT 31 MAY 2025
| Note Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 7 8 Current liabilities Creditors: amounts falling due within one year 9 Net current assets Total net assets Charity funds Restricted funds Unrestricted funds Total funds 10 10 |
11,417 513,001 524,418 (6,733) |
2025 £ 2,174 517,685 519,859 23,050 496,809 519,859 |
16,519 460,188 476,707 (3,730) |
2024 £ 3,626 472,977 |
|---|---|---|---|---|
| 476,603 | ||||
| 21,505 455,098 |
||||
| 476,603 |
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
Benson Eboh-Abohi Trustee Date:
The notes on pages 7 to 14 form part of these financial statements.
Page 6
FOR THE YEAR ENDED 31 MAY 2025
CHRIST AMBASSADORS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (SORP FRS 102) and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.
Christ Ambassadors 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.
1.2 Going concern
The accounts have been prepared under the going concern basis, which assumes that current and future sources of funding will be adequate for the charity's needs. The Trustees continuously review the funding prospects and expenditure levels and take action to reduce expenditure should funding expectations and reserves appear inadequate. On the basis of this policy, the Board consider that the charity will continue in operational existence for the foreseeable future.
1.3 Income
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
All incoming resources are included in the statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.
Donation income is recognised on a receivable basis. Gift aid income is recognised in the period in which the donation was made.
1.4 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 bank.
1.5 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.
Charitable activity costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.
Page 7
CHRIST AMBASSADORS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
1. Accounting policies (continued)
1.6 Fund accounting
Unrestricted funds consist of donations received or generated for expenditure on the general objectives of the Charity.
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.
1.7 Tangible fixed assets and depreciation
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
-
Equipment 20% straight line
1.8 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.
1.9 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.
1.10 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.
1.11 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.
1.12 Irrecoverable VAT
The Charity was not VAT registered during the year and therefore all expenditure is inclusive of any VAT charged.
Page 8
CHRIST AMBASSADORS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
2. Income from donations
| Donations/Tithes Gift Aid recoverable Donations/Tithes Gift Aid recoverable 3. Investment income |
Unrestricted funds 2025 £ 74,229 11,727 85,956 Unrestricted funds 2024 £ 86,119 16,780 102,899 |
Restricted funds 2025 £ 1,545 - 1,545 Restricted funds 2024 £ 2,274 - 2,274 |
Total funds 2025 £ 75,774 11,727 |
|---|---|---|---|
| 87,501 | |||
| Total funds 2024 £ 88,393 16,780 |
|||
| 105,173 | |||
| Unrestricted funds 2025 £ Bank interest 3,002 Unrestricted funds 2024 £ Bank interest 1,723 |
Total funds 2025 £ 3,002 |
|---|---|
| Total funds 2024 £ 1,723 |
Page 9
CHRIST AMBASSADORS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
4. Costs of Charitable Activities by Fund Type
Summary by fund type
| Unrestricted funds 2025 £ Advancement of the Christian Faith 47,247 Unrestricted funds 2024 Restricted funds 2024 £ £ Advancement of the Christian Faith 42,859 153 |
Total 2025 £ 47,247 |
|---|---|
| Total 2024 £ 43,012 |
5. Costs of Charitable Activities by activity
| Advancement of the Christian Faith Advancement of the Christian Faith |
Activities undertaken directly 2025 £ 42,628 Activities undertaken directly 2024 £ 38,525 |
Support costs 2025 £ 4,619 Support costs 2024 £ 4,487 |
Total funds 2025 £ 47,247 |
|---|---|---|---|
| Total funds 2024 £ 43,012 |
Page 10
CHRIST AMBASSADORS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
5. Costs of Charitable Activities by activity (continued)
Analysis of support costs
| Independent examiner fees (governance) Depreciation Independent examiner fees (governance) Depreciation |
Activities 2025 £ 3,000 1,619 4,619 Activities 2024 £ 2,880 1,607 4,487 |
Total funds 2025 £ 3,000 1,619 |
|---|---|---|
| 4,619 | ||
| Total funds 2024 £ 2,880 1,607 |
||
| 4,487 |
6. Trustee and employee remuneration
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 May 2025, no Trustee expenses have been incurred (2024 - £NIL).
There were no employees during the current or prior year.
Page 11
CHRIST AMBASSADORS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
| 7. Tangible fixed assets Cost or valuation At 1 June 2024 Additions At 31 May 2025 Depreciation At 1 June 2024 Charge for the year At 31 May 2025 Net book value At 31 May 2025 At 31 May 2024 8. Debtors Due within one year Other debtors 9. Creditors: Amounts falling due within one year Trade creditors Accruals |
2025 £ 11,417 2025 £ 3,733 3,000 6,733 |
Equipment £ 25,304 167 |
|---|---|---|
| 25,471 | ||
| 21,678 1,619 |
||
| 23,297 | ||
| 2,174 | ||
| 3,626 | ||
| 2024 £ 16,519 2024 £ 850 2,880 |
||
| 3,730 |
Page 12
CHRIST AMBASSADORS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
10. Statement of funds
Statement of funds - current year
| Balance at 1 June 2024 £ Income £ Expenditure £ Unrestricted funds General Funds 455,098 88,958 (47,247) Restricted funds Building fund 19,943 1,545 - Homeless fund 1,562 - - 21,505 1,545 - Total of funds 476,603 90,503 (47,247) The Homeless Fund is made up of donations towards a project to provide provisions for the The Building Fund is made up of donations towards securing larger premises. Statement of funds - prior year Balance at 1 June 2023 £ Income £ Expenditure £ Unrestricted funds General Funds 393,335 104,622 (42,859) Restricted funds Homeless fund 1,715 - (153) Building fund 17,669 2,274 - 19,384 2,274 (153) Total of funds 412,719 106,896 (43,012) |
Balance at 31 May 2025 £ 496,809 |
|---|---|
| 21,488 1,562 |
|
| 23,050 | |
| 519,859 | |
| homeless. Balance at 31 May 2024 £ 455,098 |
|
| 1,562 19,943 |
|
| 21,505 | |
| 476,603 |
Page 13
CHRIST AMBASSADORS MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
11. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Tangible fixed assets Current assets Creditors due within one year Total |
Unrestricted funds 2025 £ 2,174 501,368 (6,733) 496,809 |
Restricted funds 2025 £ - 23,050 - 23,050 |
Total funds 2025 £ 2,174 524,418 (6,733) |
|---|---|---|---|
| 519,859 |
Analysis of net assets between funds - prior year
| Tangible fixed assets Current assets Creditors due within one year Total |
Unrestricted funds 2024 £ 3,626 455,202 (3,730) 455,098 |
Restricted funds 2024 £ - 21,505 - 21,505 |
Total funds 2024 £ 3,626 476,707 (3,730) |
|---|---|---|---|
| 476,603 |
12. Related party transactions
Unrestricted donations totalling £7,112 (2024 - £4,860) were donated by Trustees during the year.
Page 14