CHRIST APOSTOLIC CHURCH CITY OF DAVID
17 PEAR COURT EAST SURREY GROVE
LONDON
SE15 6PF
CHARITY REG. NUMBER 1126953
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26TH NOVEMBER 2024

CHRIST APOSTOLIC CIIURCH CITY OF DAVID
LEGAL AND ADMINISTRATIVE INFORMATION
TRUSTEI ES:
Pastor Isaac OluwanAyi-Asaaju (Chair)
L￿vang Oluwatoyin K. Oluwaniyi-Asaaju {Mi's)
Pastor Joshua Ajayi
SECRETARY:
Pastor Joshua Ajayi
CHARITY NUMBER:
1126953
REGIST£4 RED OFFICE:
17 PEAR COURT,
EAST SURREY GROVE
LONDON
SE15 6PF
UNITED KINGDOM
BANKERS:
HSBC BANK PLC
RYE LANE
PECKHAM RYE
LONDON
ACCOUNT ANTS:
DANIEL FAMOK & ASSOCIATES
ACCOUNTANTS & FINAI¥4CIAL CONSULT ANT4
UNIT 209 TUDORLfi AF BUSINESS CENTRE
2-8 FOUNTAYNL ROAD,
LONDON
NA5 4QL
CONTENT:
l. Trustees, Report
2. Independent examiner's R¢port
3. Statement of Financial Aetivities
4. Balanee Sheet
5. Notes to the A¢¢ounts

CHRIST APOSTOLJC CHURCH crry OF DAVID
TRIJSTEEI S, REPORT
The Tiwstees have pleasure in submlttiNg their rtport and aeeoMiits for year ended 26 November 2024.
The financifil stfitements hav¢ been prepared Aceordanee wltli tlie accoiinling pollcies set out o
pAges 6 to 7 compty with StitetNtMt of Re¢omm¢nd￿l Prgctite (SORP 2019) and the appli¢able IAW.
OUTLINE
The Christ Apostolic Chuych (City of David) is a Pentecostal Church founded in London, United
Kingdom in 2007. It is open lo all nationalitics, races, ages and sexes with the main objective of
pIE&ching the gospel of JESUS CHIUST firsily in the United Kingdom and to all over the world.
Con8tituti
Ob'ectives of the Chari
Prin¢1
al Activities alld Or
nisation of Our W rk
The charity is constituted under a Trust Deed with registered charity number 1126953.
The obje¢tives of the Charity as Set out in the Constitution are :.
(i)
TO ADVANCE GENUINE PtiACTICE OF THE CHRISTIAN FAITH (IN ACCORDANCE WITH
THE STATEMENTS OF BELIEF) tN SUCH WAYS AND IN SUCH PARTS OF THB UNITED
KtNGDOM OR THE WORLD, SHARtNG THE GOOD NEWS OF JESUS CHIUST WITH
COMMUNITIES AROUND OUR CFtURCH, OUR HOME AND WHERE EVER WE GO AS THE
TRUSTEES FROM TIME TO TIME MAY THINK FIT.
(2)
TO RF.LIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRF.8ERVE
GOOD HEALTH B Y THE PROVISION OF FUNDS, FACILITIF.S, CIOODS OR SERVICES OF
ANY KIND INCLUDING THROUGH THE PROVISION OF COUNSELLING TO THE OPPRESSED,
DBPRESSED. SUPPRESSED. FRUSTRATED. CONFUSED AND HOPELESS THROUGH SOUND
AND FERVENT PRAYERS SUPPORT tN SUCH PARTS OF THE UNITED K￿GDOm OR THE
WORLD AS THE TRUSTEES FROM TIME TO TIME MA Y THINK FIT. AND
{3)
TO ADVANCE F.DIJCATION IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED
KtNCJDOM OR THE WORLD AS TRUSTEES FROM TIME TO TIME MA Y THtNK FIT,.
The Church engages in the following activities in ord¢r to further these objectives.
a. Holding weekly meetings which aiE open to th¢ public
b. Running community projects
Organising activiti¢s and groups
d. Working closely with other C]ll'iStian organisations

CHRIST APOSTOLIC CHURCH CITY OF DAVID
TRIS8TEES' REPORT
CONTINUED
The principal activities of the Church al'e Chi'istian worship. Christian outreach programmes to
in¢iEase Christian awareness and to spread the gospel of our Lord Jesus Christ and development of
the whol¢ man spiritually, rnentally and physi¢8lly. We have a nutnber of volunteers who assist in
helping us to achieve oui. objectives.
CHAIRMAN'S REPORT
During the COUL5e of the year, the Church has steadily progressed spiritually. We have had a number
of visitors attending our w¢¢kly Services and we contiiiue to pray that ihey will one day accept Jesus
Christ 88 their Saviour and Lord. The a55¥mbly in Camberwell, Peckham is growin& but if we Can
work to&Feiher we can do all things through Chrisl who strengthens us.
The Brotherhood. Women. Youth and Sunday S¢hool ministries have been encouraged to Strive for
excellence.
Each department has submTtted their objectives for the forthcoming year 2025 and we look forward
to seeing the fruits of thcse new visions.
PUBLIC BEI%EFITS REPORTINC
We have been providing couiiselling services to members of the Community. We have also embadced
on various training pr()grammes lo equip more church volunteers with the relevant couns¢lling skills
that will hclp them serve the community better.
The church is very keen 8t developing strong family life in the Community and the nation generally.
To this end, we have organised and conducted a Positive Parenting W0￿hop in the yeai.. The foi'um
addressed the issue of coping with child upbringing in a fast changing world.
Onc-to-one pei3onal evangelism is ongoing and it is oui. desire to the Communiti￿ of Cambenvell,
Peckham and son'ounding areas.
The Charity continued to identify with ils Public Benefits functions by pursuing tts practical policy of
(CSR) Corporate Social Res1)onsibilities, as a church, by donating monthly food ¢ontriL>utions to the
"W¢ Can Food Bank &nd Sacred Health in South East London"
Prayers for the sick also continues to be carried out whethei. by home visit or via the telephone.
An oiigoing objective of tlie charity is to pui'chase its own premises. Dui'ing the yeai. we went to
view various potential places of woi'qhip. and indeed came very clos¢ lo puirha8ing one of them but
but due to circuinstances beyond our conlrol we weir unable to complete the deal.
EXCEFFIONAL CIRCtJMSTANCES- TRUST
ES, REPORT OF SEIUOUS FIRE If4CIDENTS
REPORT OF SEIUOUS FIRE OUTBREAK IN JUNE 2024
In June 2024, the Church premises at 34 Notxh Peckham Baptist Church, London SEI 5 6DR suffered
a serious fire outbreak which caused an extensive damRges to the main auditorium where members

CHRIST APOSTOLIC CHURCH CITY OF DAVID
TRUSTEES, REI PORT
CONTINUED
of Christ Ap05tolic Chui'ch (City ofDavid) undertake their weekly woi'ships aiid mceting activities.
Aside fr(mi damages caused to the main auditoi'ium, a major part of the Church vestiy and hall was
dam2ged by the fire.
While the Church's management and trustees are veiy grateful to God for the safely of all members
boih young and old. the fire inGideni caused a significant setback to our pei'iodic operations a￿d fil￿ncIal
losses to the Gharity.
In the immediat¢ &ftetth&th, themana8emenL volunteers and dedicst¢d rncinbersofÈh¢religeLwsorder mobilised
q￿1￿clY to catryout c85entig1. teiTiporary rcp8ir& donatingth¢ir poBonal fund and sponsowl l&bour w)rk. This swift actsot)s
of members lllowed us lu cuntillu¢ the ¢r&tiLal setvices inc]udin8a pJt-arrang¢d wedding ceremony FOT th¢ weekend of the
fire Outb￿￿k. Given Ihegnticipaled d¢lays wd ¢otllplitaiions involved in ideDtilyingthe toiyett C4￿1r&￿￿r1hrOvgh insutw
expert advic4 Th¢ n￿lage￿¢t IrusteesTnad¢th¢ shltgic decision io &c¢¢N the insuran¢c payoutand proceed to
Iindertak¢ repai￿ indep¢Jid¢Dtly. The de¢ssi4)n proved lo be inDre cost ¢ffcdive and b&t¢ralignd ivith the utEcnl need and
and limited bud8¢tof the charity. Th¢rh4ir, Drjithua. L￿Y Bvangclisl Kofoworola and al￿ther d¢dicat¢d set ofvolynteers
httvep¢rs(bThally don&t¢d si￿lf1¢?￿t1Y io keep th¢¢hurch op¢rntsons JunningS￿oDlklY iyithin on¢ monili after thB fiT¢.
FUTUREI PLANS
To iontinue to develop and in5psre the ChU￿h,$ knowledge of God's word.,
To se¢ more boulb b¥ing sayed for the Kingdom of God.
To "endeavour to k¢ep th¢ wiity of the spirit in the bond of pe&¢e' Ephesians 4..3.
To be su¢¢essful in the puichase of OUT own church building ac￿m]nodat1tsn whi¢h can be dedi¢at¢d to
the glory of God; aJ]d to do more pra¢ti¢al work within the local community beyond.
This will include helping at an established soup kitchen, and also conli'ibuting s￿/tr of fvnd rais
from baking foi. our Sunday School Davidic Kitchen to a local charity.
ACHIEVEMENTS AND PERFORMANCE
al Ravl6w of Activit188
The charity has built on previous developments and Successfully ministered to the needs of diverse
social groups both within and outside the church.11 provides forums for personal d8v&lopmenl,
equipping members educationally, socially. and spiritually. Counselling services are av8i18ble ft
the needy and unemployed, along with réferra18 when necessary.
The charity offers counselling to community members and ha8 launched Iraining programme810
equip volunl@ers with essential eounselling skills to serve better.
A Youth Church has been established where teenagers gather on Sunday afternoons in a ¢gring
and supportive atmosphere.
The Gharty conts'nues lo fulfil ils mission by creating opportunities for holistic development
spiritually, mentally. and physically. Time, energy, and resources have beèn invested into acliviliès
and programmes aimed at preventing youth crime, d6pression, Child abuse. and other social vices
that negatively impact society-

CHRIST APOSTOLIC CHURCH CITY OF DAVID
TRUSTF,fi S, REPORT
COLN"I"INUED
FINANCIAL REVIEW
Reserves Polic
The Trustees have set a policy for unrestricted funds {ffee 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 Polie
The Trustees have ass¢5sed the major risks to which the Charity is exposed pajticulai'ly those
relating to the opei'ation and finance and are satisfied with the risk man8g¢ment systems in place to
mitigate the I'isk exposure to the Charity.
Review of the fillallcial
osition
The nel incoming resources for the yeai. amounted to a deficit of £1,259 (year 2023 was a deficit
of £2,752) and all of which al'e set against the unrestricted Yeserves of the ¢hai'ity.
CURRENT BOARD OF TRUSTEES
The eurrenÉ men>b¢rs Df the board of trustees serving the charity were .
Pastor Isaa¢ Oluwaniyi-Asaaju (Chair)
Lady Evangelist Oluwatoyin K. Oluwaniyi-A$aaju (Mrs)
Pastor Joshua Ajayi
APPROVAL
This rcport wa5 given approval by the board of trllstees on 8th October
2025 and signed on its behalf by .
Secretary . Pastor Josbua Ajayi

INDEPENDENT XAMINER'S REPORT
TO THE TRUSTEIS OF
CHRIST APOSTOLIC CHURC'H CITY OF DAVID
CHARITY RF.C. NUMBER 1126953
FOR THE YEAR ENDEI D 26'1'H NOVEMBER 2024
i'eport ON w¢couiits of the Tw$t for yoAr ejtded 26th Novemb¢r 2D24, wlith Al'e set out p4gv 6 to 11
RESPECTIVE RESPONStBELITIES OF TRUSTEES AND EXAMINER
The charity trustees are TYSponsible for the preparation ot'the a¢counts.The ¢harity's tr￿￿tee8 constdeK
that an audit is not IEquir¢d foi thib y¢ar under section 14412) ot the Chw'ities Act 2011 (the 2011 A¢t)
and tliat an independeni examination is n¢eded.
(t is my Irswnsibility to
exarnine th¢ a¢counts under section 145 of the 2011 ACL
follow the proreduTes laid down in the general Directions given by the Charity Commission
under section 14515) (b) of the 2011 Act- and
state whether particular matters have come to my attention.
BASIS OF ItYDEPENDENI' FXAMINER'8 REPORT
My Examination was carried out in accordancx with the gcneral Dire#ions given by the Charity
Commission. An exaTnination includes a review of the a¢counting records kept by the charity and
comparison of the 0¢counts presented wilh those iEcords. It also in¢lud¢s consideration of any unusual
items oi. disclosur¢5 in the accouDl$, ond seeking explanations from you as ti'ustees concerning any
such mallers.
The procedures undertaken do not provide all the evidenG¢ that would be required in an audit and
cons¢quently no opÉnion is given a5 to whether the accounts present a'lrue and faie view and the
report is limited to those matters set out in the statemcnÉ bclow.
INDEI PENDE
T EXAMINER'S STATIMENT
In connection with my exatnination, no matter has come to my attention :_
l) which gives me reasonable cause to believe that in any material I'espect the requir¢ments:
* to keep ￿￿o￿ltIng records in accordance with seclion 130 of the 2011 Act. and
to prepaiE ac¢ounl8 which accord with the accounting records and comply awiunting
requii'emenls
nut been mel,. or
in
pinion, attention should be
awn in ordei- to enable a proper und¢rstanding of
reached.
2) to
MRD.A
MAKIN I
c,FCA)
DANI
FAMOK & AS
IATES
ACCOIJNTAP4TS & FINANCIAL CONSULTANTS
UNI"1' 209'1'UDORI,F.AF BUStNESS CCI NTRE, LONDON
2-8 Fouf+ffA YNE ROAD,
NJ$ 4QL.
8th October 2025

CHRIST APOSTOLI
CHURCH CITY OF DAVID
STATEMlI iyr OF FINANCIAL ACTIVITIES
FOR THE YF.AR FNDII D 26TH IYOVEMBER 2024
Notes
Unrestri¢ted
Funds
Re5trleted
Funds
Total
Nov-24
Total
Nov-23
INCOlWtING RESOURCE
Incoming Resourcesfi'om genératedfund5
Voluntary Income
Investment Income
HMRC Gift Aid Tax Reclaims
Incoming Resourcesji'om Charilable Activities
Other Incomlng ResL)ui'ce
41,142
41,142
34,117
4,050
4.050
215
Total Ineomillg Resourees
45,192
45,192
34,332
SOURCES EXPENDED
CharilahleActivifies
43,433
43,433
36,584
Govgp'nance costs
500
500
500
Total resource5 expended
43,933
43,933
37,084
NET MOVE1*￿NT IN FUNDS
1,259
1,259
(2,752)
RECONCILI
TION OF FUNDS
Totsl luttds brought forw#rd
1,942
1,942
4,694
Tolal funds cArried fonY#rd
3201
3,201
1,942
There were no recognised gains or losse8 for ih¢ year other than those included in ihe Statement
of Financial Activities. All incoming resource5 and i'esources expended derive from ¢ontinuing
artivities.
The notes on Pages 8 to 14 form part of these accounts.

CHRIST APOSTOLIC CHURCH CITY OF DAVID
BALANCE SHEET AS AT 26TH NOVEMBER 2024
r4otes
2024
2023
ASSETS
Tangible Fixed A55et$
8,524
6,034
URRENT ASSETS
Debtors
Cash at Bank and in Hand
695
1.426
695
1,426
LESS CREDITORS:
(Atnounls falling due within one year)
6,018
5,518
NEI T CURRENT ASSETS
(5,323)
(4,092)
TOTAL ASSETS LESS LIABILITIES
3,201
1,942
REPREI SENTED BY:
Uni'esli'icted Funds
Restricted Funds
3,201
1,942
io
3,201
Approved
on the 8th October 2025 and signed on its beh#lf by :"
Pastor Isaac O1￿￿￿n]Y1wA8*
ju (Chalr)

CHRIST APOSTOLIC CHURCH CITY OF DAVID
NOTEI S TO THE FINANCIAL STATLI MENrs
FOR THE YEAR EIYDED 26TH NOVEMBER 2024
I. ACCOUNTING POLICIES
The financial statements have been pi'epar¢d in Mceordance with the accounting policies set out
in notes to the accounts and comply with the chatity's governing document, the Charities Act
201 l and Aecounling and Repoiiing by Chai'ities- Statement of Recovnmended Practice (SORP)
applicable to Charities preparing theii. accounts in ac¢oi'dance with the Financial Rewrting Standard
applicabl¢ in the UK and Republic of Ireland (FRS 102), issued in October 2019.
1.1 Incoming Resources
Buildi
Funds
Income from donations for building are included in voluntary incoming I'esour¢¢s of restricted funds
on receipt.
Volllnta
Income
It)come from tithes and offerings collected are included in voluntary incoming resources when these
are irceivable.
GÉft Aid Tax Re
ment Claim
Tax i'epaymenls due fi'om HM Revenue & Customs in respect of members, giving are included in
incoining resoui'ces and I'estricted for building funds when i'eceived.
r Income
These ¢ompi'ises other miscellaneous income ale a¢￿Unted for in the peri¢xl in which it is entitld.
Income from Choritable Activities
These are christian books and materials sold lo chur¢h niembevs and all of which are included in
unrestricted funds when re¢¢ived.
Investment Income
Investm¢nl Incorne cotisist of n¢t interest received duving the year and 8¢counted as unrestricted thnd.
Cash sthteme
The Charity has taken advantage of the exemption in financial Reporting Standard No I fi'om the
Irquirements to produc¢ a cashflow statement on the grounds that it qualifies as a small charity.
1.2 R¢sour¢e$ expended
Resources expended are included in the Staiement of Financial Activities on accrual bas¢s, inclusive
of any value added lax (VAT) whi¢h cannot be recovered. Certain expenditure are attributable to
specific activities and have been included in ihose cost categories.

CHRIST APOSTOLIC CHURCH CITY OF DAVtD
TES TO THE FINANCIAL STAI'EMENTS
CONTINUED
FOR THEI YEAR ENDED 26TH NOVEMBER 2024
1.3 Tangible Fixed Assets for use by the charity and Depreciation
Tangible fixed assets foy use by the Chai'ity are stated at cost less depi'eciation.
Depreciation is calculated to write off the cost less estimated residual value of fixed assets, over
theii. estimated useful liv￿ on the following basis:
Computers, Fqutpment, Fui'niture & Fittings
Musical Equipments & Instrument
25Vo per annuln.
25/0 per anDutn.
Unrestri¢ted Restricted nrestri¢ted
Fund
Fund
Fund
Nov-24
Nov-24
Nov-23
2. CHARrrABLE ACTIVJTllI S
Pastoi'al Allowances
Evangelism & Overseas Missions
Honoraria and gifts
Hall Renlal, Storage and Service Chai'ges
Donations to Other Charities
Members, Welfare, Support & Benevolence
Prinling. Postage and Stationery
Bank Chai'ges and Interesl
Travelling & Motoi- Expenses
Church Materials & Cunbumabl¢s
F￿d, Hospitality & Youth Projects
Insui'ance Pi'emiums
Elects'icity. heating and Water
Fire, Security, health & safety
Inlernel and Webcosl
Volunteers, & Workei's, Expenses
Equipments Repair & Rencwals
Depi'eciation of fix¢d asseÉs
Telephone & fax
700
1.878
2,010
16,000
50
1,850
267
69
97
302
292
341
1,810
2,011
l38
2,880
8,538
2,840
1,360
43,433
250
3.818
2,630
15,600
290
4,320
78
130
20
1,325
800
176
3,620
2,012
1,500
36,584
3. GOVERNANCE COSTS
2024
2023
Accountancy & Independenl Examination fees
500
500
500
500

CIIRIST APOSTOLIC CIIURCH CITY OF DAVID
NOTES TO THE FINANCIAL STATF.L¥qF.NTS
C.ONTINUF,D
FOR THE YEAR ENDED 26TH NOVF.MBF.R 2024
4. NET MOVEMCI NT IN FUNDS FOR THE YEI AR
2024
2023
The net movement in funds for the year is stated after
charging .
Deprecialion of tangibl¢ fixed assets- for use by the charity
Accountancy fee
2,840
500
2.012
500
5. TRUSTEES, REMUNERATION
No Trustee has had ¢xp¢n5es reimbursed in the year.
Thei'e is no staff whose emoluments exceeded £60,000 dui'ing the year
6. TANGIBLE FIXED ASSETS
L4PME
SI'RUMENTS E
UFP& FURN
Nov-24
Nov-23
COST
As At 27th November 2023
Additions duting the year
As At 26th November 2024
10,903
550
11,453
8,117
4.780
12,897
19,020
5,33Q
24as0
19.020
19,020
DEPRECIATION
As At 27th November 2023
Chai'ge foi- the year
As Al 26th November 2024
7.354
1,025
8.379
5,632
1,816
7,448
12,986
2.840
15,826
10,974
2,012
12,986
NBV At 26th November 2024
6.1134
NBV At 26th November 2023
3,549
7 DEBTORS: AMOUNT FALLING Duf ONE YEAR
2024
2023
Security Rent Deposit

CHRIST APOSTOLIC CHURCH CITY OF DAVID
NOTES TO THL blNANC'IAL STATEMCI NTS
CONTINUED
FOR THE YEAR EI NDED 26TH NOVEMBER 2024
8. CREDITORS:AMOUNT FALLING DUE WITHIN IYR
2024
2023
Sundry Creditors
Accruals
4,138
1,880
6,018
4,138
1,380
5,518
9. UNRESTRICTED FUNDS OF THE CHARITY
Unrestricted
Fuiid
2024
Total Fund
Nov-23
Balance As At 27th November 2023
Movement in the funds for the yeay
Balance As At 26th November 2024
1,942
1,259
3,201
4,694
2,752
1,942
Buildin
Total fi ulld
Nov-24
10. RESTRICTED FUIYDS
BalarLce As At 27th November 2023
Movement in the funds for the year
Balance As At 26th November 2024
11. AN
F IYET ASSETS BETWEEN FUNDS
Unyestricted
Funds
Restricted
unds
otal Fund
Nov-24
Tangible fixed assets
Net Current Assets
8,524
5.323
3,201
8,524
5,323
3301