## Christ Royal Assembly
Charity No 1126546
Report & Financial Statements 31st March 2025
Coker Isah & Co. Chartered Certified Accountants
## Christ Royal Assembly
|Charity No 1126546||
|---|---|
|INDEX||
||Page|
|Charity details|1|
|Trustees' Reports|.2- 3|
|Independent Examiners Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to Financial Activities|7…8|
|Detailed Statement of Financial Activities|Appendix|
Page 1 Christ Royal Assembly
## Charity Details
Charity No 1126546
## MANAGEMENT COMMITTEES
Trustees Rev Charles Richman Ms Esther Olubusola Richman Mrs Jane Awea Ode
Secretary Rev Charles Richman
Charity Number 1126546 Registered Office 68 Chilton Grove Depford London SE8 5DY
Accountants Coker Isah & Co. Chartered Certified Accountants 74 Church Road Crystal Palace London SE19 2EZ
Bankers Barclays Bank Plc 1 Churchill Place London E14 5HP
## Page 2 Christ Royal Assembly
TRUSTEES' REPORT for the year ended 31 March 2025
The trustees present their report together with the financial statements of the charity for the year ended 31 March 2025 The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity's trust deed and applicable law.
## _**Trustees**_
The trustees named on page 1 have served throughout the year. Appointment of trustees is governed by the Trust Deed of the charity. The Board of trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
## _**Investments powers**_
The Trust Deed authorises the trustees to make and hold investments using the general funds of the charity, but no such investments are presently held.
## _**Constitution, objects and policies**_
The principal activity of the organization was that of providing advancement of Christian faith
The policy of the charitable Trust continues to be to seek additional donations to continue to run the organisation
The trustees take the day responsibility for running the charity.
## _**Development, activities and achievements**_
The trustees consider that the performance of the charity this year has been most satisfactory and the average number of members has increased once again this year.
## _**Financial review**_
Funds available are sufficient to permit the Trust to continue in operation in the medium term, given the continued support of the members. Should this support not continue in the longer term, further financial support would need to be sought to replace it.
## _**Risk Management**_
The trustees actively review the major risk which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.
Page 3
Christ Royal Assembly Charity No 1126546
## TRUSTEES' REPORT for the year ended 31 March 2025
## **Future Developments**
The charity's activities has increased during the year under review . The trustees are seeking to extend the charity's activities and are pursuing a number of activities to enable this to happen
## **Reserve policy**
It is the policy of the charity to maintain unrestricted funds at a level which provides sufficient funds to cover management and administration and support costs. Unrestricted funds are maintained at least at this level throughout the year.
## **Statement of trustees' responsibilities**
Law applicable to charities in England Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
a) Select suitable accounting policies and apply them consistently;
b) make judgments and estimates that are reasonable and prudent;
c) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
d) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which 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 charities Act 2011 They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## Approval
This project was approved by the trustees on 16/06/2025 and signed on their behalf
signed Rev Charles Richman Trustee
Page 4 Christ Royal Assembly
## Independent Examiner's Report on the Accounts (CC65)(b) (Accrual) Report the trustees and members of
## Christ Royal Assembly
## Charity No 1126546
The accounts for the year ended 31March 2025 Set out in pages 4-6
## Respective responsibilities of the trustees and examiner
The trustees are responsible for the preparation of the accounts, you consider that an audit
is not required under section 144 of the charities 2011 (the act) and does not apply, and that
independent examination is needed
It is my responsibility to
- examine the accounts under section 145 of the Charities Act
- to follow the procedure laid down in the General Directions given by the Charity Commissioners under section 145 (5) (b) of the Act and
- to state whether particular matters have come to my attention
## Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners .
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records .It also includes consideration of any unusual items or disclosures in the accounts and , seeking explanation from you as trustees concerning any such matters. The procedures undertaken do
not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
## Independent examiner's statement
In connection with my examination ,no matter has come to my attention
- (1) which give me reasonable cause to believe that in any material in respect the requirements
- to keep accounting records in accordance with section 130 of the Charities Act and
- to prepare accounts accordance with the accounting records and to comply with the accounting requirement of the Act
have not been met.
(2) to which, in my opinion ,attention should be drawn in order to enable a proper understanding of the accounts to be reached.
James Coker Dated 16 / 06 / /2025 Signed
MBA FCCA Relevant qualifications Address
Coker Isah & Co. Chartered Certified Accountants
74 Church Road London SE19 2EZ
Page 5
## Christ Royal Assembly
## Statement of Financial Activities
For the year ended 31 March 2025
|Incoming & Expenditure
Income:
Voluntary Sources- Donation
Otherr Income-
TOTAL INCOME
Direct Charitable Expenditure:
Direct Charitable Expenditure:
Management & Administration Expenditure
TOTAL EXPENDITURE
Net Income\ ( Expenditure)
Fund Balance B/F
**Fund Balance C\F**|Unrestricted
Fund
2025
28168
3126
31294
13916
5389
19305
11989
69664
**81653**|Unrestricted
Fund
2024
19482
4479|
|---|---|---|
|||23961|
|||14741
5072|
|||19813|
|||4148
65516|
|||**69664**|
The notes on page 6 form part of these accounts
## page 6 Christ Royal Assembly
|Charity No 1126546
Balance Sheet
31st March 2025
**FIXED ASSETS**
**CURRENT ASSETS**
**Debtors**
Bank & cash
**CREDITORS**
Amounts falling due within one year
Accrual & deferred income
Net Current Liabilities
**ACCUMULATED FUND**
Retained Surplus Brought Forward
Surplus for the year
Retained Surplus Carried Forward|2025
£
£
18,000
6,150
58,203
64,353
700
700
63,653
81,653
69,664
11,989
81,653|2025
£
£
18,000
0
52,314
52,314
650
650
51,664
69,664
65,516
4,148
69,664|2025
£
£
18,000
0
52,314
52,314
650
650
51,664
69,664
65,516
4,148
69,664|
|---|---|---|---|
|||||
||||69,664|
||||65,516
4,148|
||||69,664|
Approved on 16 / 06 / 2025 and singed on behalf of the Trustees
By
Rev Charles Richman Trustee Member
Page 7 Christ Royal Assembly
Notes to the Financial Statements 31st March 2025
## 1 **Accounting policies**
## 1.1 **Accounting convention**
The financial statements are prepared under historical cost convention and in accordance with The Financial Reporting Standard for Smaller Entities (FRSSE) (effective Jan 2005) and statement of Recommended Practice (SORP 2005) ,and with the Charity Acts 2011
## 1.2 **Incoming Resources**
The Income represent the total donation and Income Tax Claimed excluding Value Added Tax , receivable during the year
## 1.3 **Depreciation**
Depreciation is provided on tangible Fixed Assets at rate calculated to write off the cost less residual value of each assets over its expected useful life as follows:-
Fixture fitting and equipment 25% reducing balance basis
## 1.4 **Donation**
Donation receivable are credited to the Statement of Financial Activities (SOFA)) in the year for the year which they are received.
1.5 **Resources Expended** Resources Expended are included in the Statement of Financial Activities (SOFA) on an accrual basis inclusive of VAT
## 1.6 **Unrestricted Funds** Unrestricted Funds are donations and other incoming resources received or generated for the charitable purposes
## 1.8 **Restricted Funds**
Restricted Funds are funds received which can only be used for the specific purpose as laid out by the donor Expenditure which meets this criterion is identified to the fund, together with a fair allocation of overheads costs. During the year there are no restricted fund.
## 2 **Income**
The total income of the organization for the year has been derived from its principal activity wholly undertaken in the UK
3 **Operating surplus** 2025 2024 Operating surplus is stated after charging £ £ Depreciation of tangible assets 0 0
## page 8 Christ Royal Assembly Notes to the Financial Statements
31
|4
**Fixed Assets**
Cost
01-Apr-24
Additions
Disposal
31-Mar-25
Depreciation
01-Apr-24
Disposal
Charge for the year
31-Mar-25
Net Book Values
31-Mar-25
31-Mar-24
5
Creditors amount falling due within one year
Bank Ocerdraft
Loan
Inland Revenue
Creditor and accrual
6
Summary of Assets by Fund
Unrestricted funds
Restricted Fund
Total|buildind
land
18,000
18,000
0
0
0
0
18,000
18,000
2,025
£
0
0
0
700
700
81,653
0
81,653|Total
18,000
0
0|
|---|---|---|
|||18,000|
|||0
0
0|
|||0|
|||18,000|
|||18,000|
|||2,024
£
0
0
0
550
550|
|||69,664
0|
|||69,664|
- 7 Trustees Remuneration
No remuneration were to some board of Trustee during the year .
## Appendix Christ Royal Assembly
## Statement of Financial Activities
For the year ended 31 March 2025
|Incoming & Expenditure
Income:
Voluntary Sources- Donation
Other Income - Gift aids
TOTAL INCOME
**Direct Charitable Expenditure:**
Admin expenses
Rent
Convention & Entertasinment
Compouter exps
Youth activities & other programms
Printin postage & stationery
Telephone
Management & Administration Expenditure
Traveling
Oversea
Website sign design
Legal & Professional
Accountancy
General
Donations
TOTAL EXPENDITURE
Net movement in funds for the year
Fund Balance BF
Fund balbce cf|Unrestricted
Fund
2025
**£**
28168
3126
31294
2460
4280
3038
202
2346
650
940
13916
1996
1469
266
462
600
74
522
5389
19305
11989
69664
81653|Unrestricted
Fund
2024
**£**
19482
4479|
|---|---|---|
|||23961|
|||2129
4080
3029
171
3723
631
978|
|||14741|
|||2805
0
0
1228
600
58
381|
|||5072|
|||19813|
|||4148
65516|
|||69664|