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2025-12-31-accounts

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE TRUSTEES’ REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2025

Trustees & Directors: Apostle Matthew Oluwajoba
Rev Sam Awonlaogun
Mr Adebola Abayomi Odukoya
Charity Registered Number: 1127461
Company Registered Number: 06595278
Registered Office: 254 Wellingborough Road
Northampton
NN1 4EJ
Independent Reviewer: SEC Accounting Services Limited
23 Denton Close
Rushden
NN10 0BD
Bankers: Lloyds Bank
2 George Row
Northampton
NN1 1DJ

2

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page
Trustees’ Report 4-5
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9-13

3

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE

TRUSTEES’ REPORT

FOR THE YEAR ENDING 31 DECEMBER 2025

The Trustees are pleased to present their report and the accounts for the year ending 31[st] December 2025. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the governing document, the Companies Act 2006, the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS102) issued on 16 July 2014.

During the year, by the grace of God, we were able to make significant progress towards achieving many of our objectives. We reiterate our mandate as outlined below:

Structure, Governance and Management

The church was established by a Charitable Trust Deed and registered as a limited company by guarantee on 16 May 2008. The Trustees also serve as the directors of the company. The members of the Board of Trustees who served during the year were:

Recruitment and Appointment of Trustees

Existing trustees appoint new trustees by resolution at planned meetings. The Board of Trustees, which makes the financial and management decisions, oversees the activities of the church. The spiritual and educational guidance of the congregation is delegated to the pastors and elders.

Trustees Inductions and Training

All trustees are familiar with the workings of the church and charity, being drawn from long-standing members that have a skill set to offer and empathy with our core values.

Mission

The church’s guiding mission is to bring liberty through the word of God to our community so that we can be restored to our original place of authority (dominion). This includes the advancement of Christian values and morality.

Activities

The church facilitated a number of activities during the year including:

  1. Kingdom Worship

  2. Children’s Day

  3. Kingdom Summit

4

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE

TRUSTEES’ REPORT

FOR THE YEAR ENDING 31 DECEMBER 2025

  1. Church Leaders Ordination

  2. Youth Conference

  3. Family and Charity Day

  4. Women of Virtue Conference

  5. Awake Men Conference

  6. Cross-over Service.

Conclusion

We, the Trustees of Christ United Ministries International, Liberty House, continue to endeavour to serve the people in the church and community in accordance with its mandate.

On behalf of the Board of Trustees:

Apostle Matthew Oluwajoba, Chairman

Dated: 14[th] August 2026

5

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE

We report on the accounts of Christ United Pentecostal Ministries Liberty House for the year ended 31[st] December 2025 which are set out on pages 7 and 8.

Respective Responsibilities of the Directors and Examiner

As Charity’s Trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of s. 144 (2) of the Charities Act 2011 (The Act) do not apply. It is our responsibility to issue this report on those accounts in accordance with the terms of the Act and Regulations.

Basis of Independent Examiner's Report

Our examination was carried out in accordance with the General Directions given by the Charities Commission. An examination includes a review of the accounting records kept by the Charity and comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the Accounts present a “true and fair” view, and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination no matter has come to our attention:

  1. Which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act

  3. to prepare accounts which accord with the Accounting records and comply with Accounting requirements of the Charities Act and the Regulations have not been met, or

  4. To which, in our opinion, attention should be drawn in order to enable a proper understanding of accounts to be reached.

SEC Accounting Services Ltd 23 Denton Close Rushden NN10 0BD

Date: 14[th] August 2026

6

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 DECEMBER 2025

Incoming resources
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Total incoming resources
Resources expended
Expenditure on:
Charitable activities
Governance costs
Total resources expended
Net income/(expenditure)
Prior year adjustments
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Notes
2
3
4
5
9
Unrestricted
Funds
£
118,206
5,908
467
124,581
115,792
4,500
120,292
4,289
-
4,289
201,734
206,023
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
Total
2025
£
118,206
5,908
467
124,581
115,792
4,500
120,292
4,289
-
4,289
201,734
206,023
Total
2024
£
126,824
7,719
550
135,093
114,441
4,500
118,941
16,152
257,589
(241,437)
443,171
201,734

7

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE BALANCE SHEET AS AT 31 DECEMBER 2025

Fixed assets
Tangible assets
Current assets
Debtors
Cash at bank and in hand
Total current assets
Creditors:amounts falling due within one year
Net current assets/(liabilities)
Total assets less current liabilities
Creditors:amounts falling due after more than one
year
Total net asset /(liabilities)
Funds of the Charity
Unrestricted funds
Revaluation reserve
Total funds
Notes
11
12
13
14
15
16
Unrestricted
Funds
£
391,707
128,494
63,866
192,360
46,839
145,521
537,228
331,205
206,023
243,523
(37,500)
206,023
Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
Total
2025
£
391,707
128,494
63,866
192,360
46,839
145,521
537,228
331,205
206,023
243,523
(37,500)
206,023
Total
2024
£
405,962
137,294
55,617
192,911
50,599
142,312
548,274
346,540
201,734
239,234
(37,500)
201,734

Approved and authorised for issue by the Trustees on 14[th] August 2026 and were signed on its behalf by:

Apostle Matthew Oluwajoba Chairman

8

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

1.1 Basis of preparation

The accounts have been prepared under the historical cost convention modified to include the revaluation of certain fixed assets.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, the Charities Act 2011 and the Companies Act 2006.

1.2 Incoming resources

Income, including that gifted under the Gift Aid Scheme, is taken into account when received by the charity. Income received in circumstances where a claim for repayment of tax has been or will be made to the H M Revenue & Customs is grossed up for tax recoverable. Any amounts of tax not yet reclaimed from H M Revenue & Customs is shown as debtors. Interest income is taken into account when receivable.

1.3 Resources expended

Expenditure is taken into account when incurred by the Charity regardless of when payment is made and is allocated to appropriate heading in the accounts. Grants and Donations payable are taken into account at the earlier of when they are paid or become constructive obligation of the Charity.

1.4 Tangible fixed assets and depreciation

Tangible Fixed Assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Buildings 2% on cost Furniture, Fixtures & fittings 25% on cost Machinery & Equipment 20% on cost Computer Equipment 33.33% on cost

1.5 Commitments for future expenditure

Other than normal commitments under mortgage arrangements, there are no contractual obligations to future expenditure at Balance Sheet date. Where the Trustees have authorised expenditure which is not legally enforceable or become constructive obligations, amounts are set aside into funds designated for the purpose.

9

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2 Donations and legacies

Donations and gifts
3
Charitable activities
Church activities
4
Investment
Interest received
5
Total resources expended
Charitable activities
Church activities:
Activities directly undertaken
Donations, grants and gifts
Support costs
Total
Governance costs
Independent examiners fees
Other
costs
£
45,497
16,014
54,281
115,792
4,500
120,292
Grant
funding
£
-
-
-
-
-
-
2025
£
118,206
2025
£
5,908
2025
£
467
Total
2025
£
45,497
16,014
54,281
115,792
4,500
120,292
2024
£
126,824
2024
£
7,719
2024
£
550
Total
2024
£
45,396
2,835
66,210
114,441
4,500
118,941

10

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2025

6 Activities undertaken directly

Other costs relating to church activities:
Water
Lighting and heating
Cleaning
Travel and accommodation
Catering and refreshments
Music and media expenses
Seminars and special events
Visiting preachers
Evangelism
Men's ministry
Women's Department
Youth department expenses
Donations, grants and gifts payable
Donations to institutions
Gifts to individuals
Support costs
Administrative expenses
Repairs
Depreciation
Mortgage interest
2025
£
968
8,870
1,700
6,216
3,790
5,712
9,186
2,050
56
2,202
1,748
2,998
45,497
2025
£
30
15,984
16,014
2025
£
6,729
6,171
14,939
26,441
54,281
2024
£
916
4,705
5,119
11,132
3,523
3,625
6,256
1,400
3,219
1,046
210
4,245
45,396
2024
£
835
2,000
2,835
2024
£
8,515
12,007
14,750
30,938
66,210

7 Donations, grants and gifts payable

8 Support costs

11

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

9 Prior year adjustments

Prior year adjustments refer to the amount which was recognised by the trustees as charitable expenditure as a

result of the review which was carried out by themselves on the amounts spent by Pastor Jide David Modede during

the previous reporting periods. There are no further adjustments in the current reporting period and the outstanding amount still remains £128,494 and is included in the debtors.

10 Trustees

None of our trustees received remuneration or other benefits from their work with the charity.

11 Employees

Number of employees

The average monthly number of employees during the year

Administration 2025
Number
-
2024
Number
-

There were no employees whose annual emoluments were £60,000 or more.

Tangible fixed assets

Cost or valuation
At 1 January 2025
Additions
At 31 December 2025
Depreciation
At 1 January 2025
Charge for the year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024
Land and
Buildings
£
600,000
-
600,000
202,278
12,000
214,278
385,722
397,722
Furniture
Fixtures and
fittings
£
73,911
-
73,911
71,531
772
72,303
1,608
2,380
Machinery
and
equipment
£
10,975
684
11,659
5,115
2,168
7,283
4,376
5,860
Total
£
684,886
684
685,570
278,924
14,939
293,863
391,707
405,962

12

CHRIST UNITED PENTECOSTAL MINISTRIES LIBERTY HOUSE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

13
Debtors
Other debtors
14
Creditors: amounts falling due within one year
Creditors
Mortgage payable
Accruals and deferred income
15
Creditors: amounts falling due after more than one year
Mortgage payable
15
Analysis of net assets between funds
Fund balance at 31 December 2025 are represented by
Tangible fixed assets
Current assets
Creditors: amount falling due within one year
Creditors: amounts falling due after more than one year
Unrealised loss included above:
On tangible fixed assets
Unrestricted
funds
£
391,707
192,360
(46,839)
(331,205)
206,023
Unrestricted
funds
£
(37,500)
(37,500)
2025
£
128,494
2025
£
(611)
42,950
4,500
46,839
2025
£
331,205
Restricted
funds
£
-
-
-
-
-
Restricted
funds
£
-
-
2024
£
137,294
2024
£
1,154
44,946
4,500
50,599
2024
£
346,450
Total
£
391,707
192,360
(46,839)
(331,205)
206,023
Total
£
(37,500)
(37,500)

13