CHIUST APOSTOLIC CHURCH CITY OF DAVID
17 PF.AR COURT fi.AST 8URRFY C.ROV
LONDON
SE15 6PF
CHARITY REG. NUMBER 1126953
FINANCIAL STAT£1 ME]YTS
FOR THE YEI AR ENDED 26TH NOVEI MBER 202

HIUST APOSTOLIC CHURCH CITY OF DAVID
L£
AL AND ADMINISTRATIVE XNFORMATION
TRUSTEEI S:
Pastor Is#a¢ Oluwaniyi.Asaaju {Chair)
Lady Evangelist Oluwatoyin K. Oluwaniyi-A5aaju (Mi%)
Pastoi. Joshua Ajay
S14CREI TARY:
Pastor Joshu& Ajay
CHARITY NUMBER:
1126953
RLGISTERED
17 Pear Court
East SuKr¢y Grove
London
SE156PF
BANKERS:
14S8C BANK PLC
RYE LANE
PECKIIAM RYE
LONDON
ACCOUNTA
DANIEL FAMQK & ASSOCIATES
ACCOUNTAiYTS & FINANCIAL C.ONSUL"I'ANrs
iINIT 209 TIIDORLEAF BUSINESS CLNTRE
2.8 bXIUNTA YNF. ROAD,
.(TrNI)ON
15 4QL
CONTENT:
l. Trust¢￿, Report
2. Independent examinevs Report
3. Stateinent of Financial A¢livitie$
4. Balance Sheet
5. Notes to the Aecounts

CHRIST APOSTOLIC CHURCH CITY OF DAVID
TRUSTEES, REPORT
The Ti'usttes hAv¢ pl¢#sur¢ in $ubmitilmg thepr report and accounts for yeai. ended 26 Nov¢mb¢r 2023.
The finaMciAI stAtement8 h&ve been piypayed in Aeeordanee with the accounting policies 8¢t out o
PAEes 6 to 7 And comply with Statement of RecoThmeRded Practice (SORP 2015) 8Dd the applicable law.
OUTLINE
The Christ Apostola¢ Chyrth {City of David) is a Pent¢Gostal Chuirh founded in London, United Kingdom
in 2n07. It is Open to all n2tiollalities, races, ages and sexes with the main objective of pr¢a¢hing the gospel
of JLSUS C14R]ST firstly in the United Kingdom and to all over the WOTId.
Consttution Ob'eclives ofthÈ Chari
Princi
Activitie5 O
anisatlDTr of Oui. Work
The charity is constituted under a Trust Deed with registered tharity number 1126953.
Tlie obJertivÈs of the charity as set out the ConstitutioR Are:
(i)
TO ADVANCE GENUINE PRACTICE or THE CHRISTIAN FAITH {IN ACCORDANCE WITH THE
STATEMENTS OF BELIEF) IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR
THE WORLD, SHARING THE GOOD NEWS OF JESUS CHRIST WITH COMMUNITIES AROUND
OURCHURCH, OUR HOME AND WHERE EVER WE GO AS THE TRUSTEES FROM TIME TO TIME
MAY THINK FIT.,
(21
TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD
HEALTH B Y THE PROVISION OF FUNDS. FACILITIES. GOODS OR SERVICES OF ANY KIND,
tNCLUDING THROUGH THE PROVISION OF COUNSELLJNG TO THE OPPRESSED, DEPRESSED,
SUPPRESSED, FRUSTRATED, CONFUSED AND HOPELESS THROUGH SOUND AND FERVENT
PRAYERS SUPPORT tN SUCH PARTS OF THE UNITED KtNGDOM OR THE WORLD AS THE TRUSTEES
FROM TIME TO TIME MAY THINK FIT; AND
13)
TO ADVANCB BDUCATION IN SUCH WAYS AND JN SUCH PARTS OF THE UNITED K￿D0m OR
THE WORLD AS TRUSTEES FROM TIME TO TIME MAY THINK FIT;
The Church engAges the following activilies in ol'der to fuiiher these obje¢tives.
a. Holding weekly me¢tings whi¢h ar¢ op¢n to the public
b. Rurning commut]ity projects
Organising a¢tivities and groups
d. Working closely with other Christian 0lBanisation8
Tlie pi'incipal a¢ttviti¢s of the Church are Chiislian Worship, Chi'i5tEan outtrach PTO8ramEne$ to Èn¢r¢as¢
ChT15tian awareness &nd to spread the gospel of our t￿rd Jesus Christ and development of the whol¢ man

CHRIST APOSTOLIC CHURCH crry OF DAVID
TRUSTELS, REPORT
CONTINUED
spiritually, mentally and physically. We have a nllMb￿ of volunteers who a5SÉSt in helping us echi¢v¢
our obJetlives.
ChairmgD's R¢port
Dui'ing the CO￿$e of the year. the Chui'ch has steadily progressed spiri￿allY. We have had a number of
visito1% aitending oui. w¢ekly s¢rvices and we continue to pray ihal th¢y will one day accept Jesiis Christ
as theii. SavEour and Lord. The asstmbly in Camberwell, Peckham is growing, but if we Can work togetkr
we can do all things through Christ who strengthens u5.
Th¢ Broih¢rhood, Wornen. Youth and Sunday School ministries have becn ¢ncourdged to strive for
cxcellence.
Each department has submitted their obje¢lives for the forthcoming year 2022 and ￿ l(x)k foiwavd to
seeing the fruits of these new visions.
We have been pi'oviding counselling serviees to members ofihe communEty. We have a150 embarked on
vai'iou5 tTainin8 programmes to eqiiip more church volunteers with the I'elevan¢ counselling skills that will
help them serve the community bett¢r.
The chuKh is very keen at developing str(>ng fJmily life in the community and the n&tton gener&lly.
To this &Jd, we hawe oi'ganised and oonducted YI Positive Parenting worshop the year. ThE fowm
addrc5sed the issue ofcopivg wilh child upbringing in a fast changing world.
one-to.one persona] evangelism 1$ ongoing and it is our de5ilE to the communities of Camberw611,
Peckhaim and soi'roiillding areas
The Lh#rEty ¢Dntiiiued to identify wilh its Public Benefits funGtions by pursuing its pra¢ti¢al policy of
(CSR) Corpoi'at¢ Social Responsibilities, as a ¢hur¢h, by dotiattng monthly food ¢ont¥ibutions to th¢
"W¢ Can Food Bank and Sa¢r¢d Health in South East Londvn"
Prdyers foi. the sick also continues to be Carried out wheth¢r by home visit or via the telephone.
An ongoii)g objective of the charity is to purchase it5 own premises. During the ye&rwe wentto view
various potentsal places of worship, and indeed came very close to purchasing on¢ of them but due to
circum5tan¢es beyond our conti'ol w¢ wer¢ unable to complete the deal.
Future Aims
To ¢ontinue to develop #nd inspir¢ the chLJrch's knowledge of God& word;
To see fftOT¢ souls bcing saved foi. th¢ Kingdom of God-
To "endeavour to keep the unity ofthe spirit in the l)ond of pe4¢¢". Ephesialls 4=3,.
To be su¢¢￿$￿1 in th¢ purchase of our own Church building aceon]modation which can be dedicated to
the glory of God. and to do more pradi¢al work within the local Community and beyond.
This will in¢lude helping at an established soup kitchen, and also ¢ontributing 50Vp of fund raised from
b8kin8 for our Sunday School Davidic Kitche￿ to a local ¢harity.

CHRIST APOSTOLIC CHURCH CITY OF DAVID
RIJSTEI ES, REPORT
CONTINUED
Achievements and Performance
a) Rèvi6w of Activitlos
The charily has built on previous developments and successfully ministered lo the needs of dive15e
social groups both within and outside the church. It provides forijms for pèrsonal dav•lopmenl,
equipping members educationally, socially. and spiritually. Counselling services are available for
the needy and unemployed, along with r6ferrals when necessary.
The charty offers counselling lo community members and has launched training programmes to
equip volunteers with essential counselling skills to serve belter.
A Youth Church has been established where teenagers gather on Sunday afternoons in a caring
and supportive atmosphere.
The charity continues to fulfil ils mission by creating opportunitios for holistic development
spiritually. mentally, and physically. Time, energy, and resources have been inve51ed into acts'vits'es
and programmes aimed al preventing yoyth crime, depress¢on, child abuse, and other social vlce8
that negatively impact 8ociety-
Financial Review
Reserves Policy
The Trustees have set a policy for unrestricted funds (free reserves) not committed or
invested in tangible fixed assets, to be maintained at a level equivalent lo three months.
annual expenditure. This ensures that the charity can continue its activities in the event
of a significant drop in funding.
Risk Poli
The Trustee5 have assessed the major risks lo which the Charily is exposed pai'liculai'ly those
relating to the oper&tion and finance and are satisfied with the risk tnanagement systems in place to
mitigate the risk exwsure to the Charity.
Review of the financial
osition
The net incoming resources foi. the year amounted to a deficit of £2,752 (year 2022 was a deficit
of £1,211) and all of which al'e set against the unre91ri¢ted reserves of the chai'ity.

CHRIST APOSTOLIC C.HURCH CITY OF DAVID
TRUS'I'EES, REPORT
CONTINUED
Board of Trustee5
The Current members of the board of trustees serving the ¢harity were ".
Pastor Isaac Oluwantyi-Asaaju (Chaii.)
Lady Evangelist Oluwatoyin K. Oluwaniyi-Asaaju (Mi's)
Pa8tor Joshiia Ajayi
APPROVAL
This rewrt was given approval by the boatxl of Ii'ustees on the 25th September 2025 and
signed on its behalf by :_
retary . P*stor Joshua Ajayi

INDEPENDENT EXAMLT44ER'S REPORT
TO THE TRUSTECI s or
CHRI.8T APOSTOLIC CHURC".H CITY OF DAVID
CHARITY REG. NUMBF.R 11269$3
FOR THE YEAR ENDII D 26TH NOVEMBER 2023
I report on ac¢ounts of the Trust for year ended 26tli Novembei. 2023, which arc sct out on pages 6 tt> 11
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The chai'ity tnjslees are responsible for the preparat&OEJ of the accounts.The charity's tnjstees considei.
thal an audit is not requii'ed for this year under wtion 144121 of Ihe Charities A¢t 2011 (the 2011 Act)
nd that an independent examination is needed.
It 1$ my responsibility to..
examine the accounts under section 145 of the 2011 A¢t,
* follow tlie pro¢edures l&id down in the general Directions given by the Charity Commission
under section 145 {5) (b) of the 2011 Act; and
state whethei. parti¢vlar mattel'5 have com¢ to my attention.
BA
IS OF INDEPEI NDENT EXAMINER'S REPORT
My examination was carried out in accordance with ihe general Directions given by the Charity
Commission. An ¢Kamillation irtGlud¢s a review of the acco)unting T¢Gurds kept by th¥ LhaTily and a
comparison of the 8c¢ollntS PlE5ellted with those records. It also includes considerolion of any unusual
items or disclosures in ihe accounts, and se¢king explanations from you as tsustees concerning any
such mallers.
The procedures undeJtaken do not provide all the evidence tha( would be required in an audit and
consequently no opÉnion is given as to wh¢th¢r the a¢¢ounts present a'tiue and fair, view and the
Irport is limited to those Inattei% out in the statement below.
INDEI PENDENT EXAMINER'S STATEMENT
In connection with my examination, no matt¢r h3s com¢ to my attentioll :_
l) whi¢h gives me Teasonable Cause to b¢lieve that in arjy material respect the requirements..
to keep a¢countÉng re¢ords in a￿)rda￿e with section 130 of ihe 2011 Act,. and
) prepare accouthts which accord with the accounting records comply accounting
r¢quirem¢nts of th¢ 2011 Act have noi been met- or
2) 10
Jnmy
nion, attention
hcd.
uld be dr&wn in order to ¢nable a proper understanding of the
c,VCA)
DANIEI. FAMOK & ASSOCIATES
ACCOUNTANTS & FINANCIAL CONSULTANTS
IJNIT 209 TUIM)RI,F.AF BUSINESS CENTRE, iDNDON
>8 II'OUIY'I'A YNLI ROAD,
NIS 4QL
25th September 2Q25

CHRIST APOSTOLJC CHURCH CITY OF DAVID
STATEI MENT OTr. VINANCIAL ACTIVITllIS
FOR THE YEAR ENDED 26TH LYOVEIVIBKR 2023
Notes
Unrestricted
Fumds
Restricted
inds
Total
Nov-23
Totsl
Nov-22
INCOMING RESOURCE
1￿COl￿{￿¥Rej'olÉl'ce￿fIoI￿ geneyutedfiinds.
VoluntAry Income
Invcslmcnt Incomc
HNfFiC Gift Aid Tax R¢Glaim5
IvcolliiNgResoiiirgsfivJpi ChaJ'ilobleAclivitie
Oihei. Incoming Resoupres
34.117
34,117
33,237
215
215
994
Total IM¢omillg R¢sour¢¢s
34,332
34,332
34,231
RE
OURCES EXPENDED
Churilable Activitie
36,583
36.583
34,942
Govei'naKce cosis
500
5(K>
500
Total rosourees expended
3&442
NET MOVEMET+rr IN FUNDS
(2,752)
(2.752) (1.211)
RECONCILIATION OF FUNDS
Total fmnds brought forward
4,694
4ffj94
5,905
TotAI funds CL4rried forward
1,942
1,942
4,694
There We￿ no Rtcognised gains or losses for the year other than ihose included in the Statement
of Financial Activities. All incoming I'esources and I'esources expended derive from continuing
activities.
The notes on Pages 5 to 8 foi'jn part of these accounts.

CHRIST APOSTOLIC CHURCH CITY OF DAVID
BALANCE SHEET AS AT 26TH NOVEMBER 2023
Note
2023
2022
FEXED ASSETS
Tangible Fixed Assels
CURRENT ASSETS
Debtors
C&sh at Bank and ID Hand
1,426
1,666
1,426
1.666
LESS CRFDITORS..
Amounts failing du¢ wÉthin one year
NET cuRREp￿ ASSKTS
(4.092)
{3,352)
TOTAL ASSETS LESS LIABJLITIES
1.942
REPRESENTED BY:
Unrestricted Funds
R¢sts'i¢ted Punds
1,942
4,694
94
Approved by the Board of Tru$le¢s the 25th S¢pt¢mber 2025 And 8igxed Its behalf by :"
P#stor 15#Ae Oluw#nlyl-AsaaJu (Chair)

CHRIST APOSTOLIC CHIJRCH CITY OF DAVID
NOTES TO THE FINATrCIAL STATELIIENTS
FOR THE YEAR ENDED 26TH NOVEMBfi.R 2023
I. ACCOUNTING POLICICI S
The financial slatements have been prepared in accordance with the accounting policies set out
in notes to the accounts and comply with the chai'ity's governing do¢umeF)t. the Charities Act
2011 and Ac¢ounling and Reporting by Cliarities.. Statemenl of Recommended Practice (SORP)
applicable to charitie5 pi'epai'ing thcii. accoujits in accordance with the Financial Repoiting
Standard applicable in the UK and Republic of Ireland published on 16th July 2014.
1.1 Incomiiig Resourtts
Buildin
Funds
Incoine from donation5 for building al'e included in voluntary incoming wour¢es of restri¢ted fi]nds
on receipt.
Volunta Income
Ii)come froin tithes and offerings collected al'e included in volut2tary in¢oming resources when these
re receivable.
Gift Aid Tax Re
ment Claim
Tax r¢payments due from HM Revenue & Customs in respect of memb¢rs' giving are included in
it]coining Ir50urces and IE5tri¢ied for building when received.
Other Ineome
These ¢omptises oth¢r MI￿¢11a￿e0uS incojne and are accountd for in the period in which it is ¢ntitled.
Income from Chgritable Activities
Thes¢ are chiistian books and m8tei.ials sold to chuirh members and a￿[ of which are included tn
nrestricted funds when received.
Investment Income
Investment Income consist of nel interest received during the year and acmunted as unre5tiioled fund.
Cash ftlow ststement
The Charity has taken advantage of the exemption in fiEHncial Rypoi'iing Standard No I from the
requiJE]nentS to produce a ca5hflow ststement on the giDunds that it qualifie8 as a Sn￿1[ chaTEty.
1.2 Resourees expended
Resources ¢xp¢nd¢d are included in the Statement of Financial A¢tivities on a￿rUal bases, i￿]Usive of
any value added tax (VATI whi¢h cgnnot be recovered. C•1ain expenditure are attributable to specific
Ectivities have been included in th05¢ C05t categories.

CHRtST APOSTOLIC CHURCH CITY OF DAVID
NOTEI S TO THI FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR ENDEI D 26TH NOVEMBER 2023
1.3 Tangible Fixed Assets for use by the ¢harity and DeprecÉation
Tangible fixed assets foi. use by the Charity are staled at cost less depreciation.
Depreciation is calculated lo wi'ile off the cost less estimated residual value of fixed assels, ovei.
their estimated useful lives on th¢ following basis:
Compulei's, Equipment, Furnitui'e & Fillings
25ts/¢J per annum.
Musical Equipmenls & Insti'umenls
25% per annum.
Unre$tYict¢d Restri¢t¢d nrestri¢ted
Fulld
Fund
Fund
Nov-23
Nov-23
Nov-22
2. CHARITABLE ACTIVITIES
Pastoral Allowances
F.vangeli.qm & Ovcrseas Missions
Honorai'ia and gifts
Hall Rental, Storage and Seryice Chaiges
Donations to Ott]er Charities
Members, Weifai'e. Support & Benevolence
Pi'inting, Postage and Stationery
Bank Charges and Interest
Ti'avelling & Moloi. Expenses
Chui'ch Mateiials & Consutnables
Insurnnce Prcmiums
Electricity) heating and Water
Chui'¢h Materials & Consumables
Voluiiteers, & Worke13' Expenses
Equipments Repair & Renewals
Depreciation of fixed assets
Telephone & fax
250
3,818
2,630
15,600
290
4,320
15
78
130
20
1,325
800
176
3,620
160
1,573
2,890
15,680
125
3,680
loo
59
54
29
1,325
800
354
3,775
145
2,681
,512
2,011
1.500
36,583
34,942
3. GOVERNANCE COSTS
2023
2022
Accountancy & Independent Examination fees
500
500
500
soo

CHRIST APOSTOLIC CHURCH CITY OF DAVID
NOTES TO THE FINANCIAL STATEMENTS
CONTINUED
FOR THE YEAR EF4DED 26TH NOVEIVIBER 2023
4 NET MOVFMENT IN VUND.S FOR THf, YFAR
2023
2022
The net movement in funds for the year is stated aftei.
chai'ging
Depreciation ofiangible fixed assets- for use by th¢ charity
A¢counlan¢y fee
2.011
500
2,681
500
5. TRUSTEES, REMUNERATION
No Ti'ustee has had expenses reimbw3ed in th¢ year.
There is no staff whose emolutnenls exceeded £60,(M)O dui'ing the year
6. TANGIBLE FIXED ASSETS
UIPMlINT& C
MPUTERS
TRIJMENfs L
uJp& ruRN
TOTAL
2023
TOTAL
2022
COST
As At 27th November 2022
Additions dui'ing the year
As At 26th November 2023
10,903
8,117
19,020
18,320
700
10.903
8.117
19,020
19,020
DEPRECIATION
As At 27th November 2022
Charge foi. the yeai.
As Ai 26th Novembei. 2023
6,171
1,183
7,354
4,804
828
5.632
10,975
2,01
12,986
8,293
2,681
JO.974
NBV At 26th November 2023
34
46
NBV At 26th November 2022
4,732
3J13
7. DEBTORS: AMOUNT FALLINC. DUE ONE
EAR
2022
Security Rent Dep05iÈ
io

CHRIST APOSTOLIC CIIURCII CITY OF DAVI
NOTES TO THE FINANCIAL STATEMEI NTS
CONTINUED
FOR THE YEI AR E7+4DED 26'1'H NOVLMIILR 2023
8. CREDITORS:AMOUNT FALLING DUE WITHIN IYR
2023
2022
Sundry Creditors
Accruals
4.138
1,380
5,518
4,138
880
S,018
9. UNRESTRICTED FUNDS OF THE CHARITY
Unr&stYicted
Fund
2023
TotAI
2022
Balance As At 27th NoveTnber 2022
Moveineiit in the fund8 foi. the year
Balance As Al 27th November 2023
4,694
2,752
1,942
5,905
1,211)
4,694
Buildin
Funds
Total
2023
10. RESTRICTED FUNDS
Balanc¢ As At 27th November 2022
Movement in the funds for the year
Balance As At 27th November 2023
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Vunds
Restrieted
Funds
Totsl
2023
Tangible fixed assets
Net Current Assets
6,034
4,092
1,942
6,034
4,092
1,941
li