CHRIST APOSTOLIC CHURCH
DEI TrIPTION CIIRISTIAN CENTRE
52 MEADWAY E4 NFllI LD
MIDDLESEX EN3 6NX
CHARITY REG 1129511
FINANCIAL STATEMENTS
OII THE YLAR LNDLD 31s'r .VAARCH 2024

CHRIST APOSTOLIC CHURCH
REDEMPTION CHRISTIAN CENfiiE
FOR THE YEAR ENDED 31ST MARCH 2024
LEGAL AND ADMINISTRATIVI INFORMATION
TRUSTEES:
Pastor Yisa Olufeini Sanni (Chair)
Evangelist (Mrs) Roseline A. Sanni-Ajose (Chaii.)
Ms Bolakale Glace Olatunji
Mr Koldwole Ajose
Mi's Ogunsanya Olufunso
SECRETARY:
Ms Bolakale Grace Olatunji
CHARITY NUMBER..
1129511
BANKERS:
(i) METRO BANK
18oirFHAMPTON ROW
LONDON, WCIB SHA
121 LLOYDS TSB BANK PLC
SILVER STREET. ENFIELD
ACCOUNTANTS:
DANIEL FAMOK & ASSOCIATES
ACCOUNTANTS & fKNANCIAL CONSULTANTS
UNIT 209, SECOND I-,LOOR
TUDORLEAF BUStNESS CENTRE,
2-8 b'OUN'I'A YNL ROAD. LONL)ON
NI54QL
CONTFNT:
I. TRUSTEES, REPORT
2. STA TEMETrrt OF FINANCIAL ACTIVITIES
3. BALANCE SHEET
4. NOTIS TO THE ACCOUNTS

tr*llEPlI NDENT II XAMtNlI R'S REI PORT
TO THE TRUSTEES OF
CEllUST APOSTOLIC CHURCH
REDEMPTION CHRISTIAN CLtYTRE
CIIARITY NUIMBER 1129511
I report on the Financial Stateinents of the Trust foi. the year ended 3 1st March 2024, which are
set out on pages 3 to 9 below,
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The chai'ity's trustees al'e responsible for the prepai'alKoti of the accounts. 'I'he chaiiws tru5tee5
consider that an audit is not requti'ed for this year uiidti. sectioa 43 (2) of the Cliai'sties Act 2011
(The 2011 Act) and that an independent examination is needed.
It is Ihy responsibility 10
examine the accounts under ￿ctIDll 43 of the 2011 Act,
follow the procedures laid down in the general Directions given by the Chai'iry Cominission
[ under section 43(7)Ib) l of the 2011 A¢t, and
* state wliether pai1i¢ular niatters have c0j￿e to my attentEon.
BASIS OF INDE4 PENDEYI T EI XAMILYIR'S STATEIVIENT
My examination was carried out in accordaiice M'ith the general Directions given by th¢ Charity
Commission. An examitjation incltsdes a i'ewiew of the accounting recoi'ds kept by the Tivst and
comparison of the accounts presented with (h05e iEcords. It also includ¢5 consideration of
any unusual items or disclosuiE the accounts, and seekitjg expl&n&tÈons frojn the tsY]stee5
coi)cernii)g any such matters.
The procedures undertaken do not provide all thc evidence that would be requiiEd in an alldit
and con5eqiiently no opEnioai is giveii as to whethei. Ihe accounts present a'twc and fair, vi¢w
and the repoit is limsted to ihose matters set out in the stateinent below.
INDEPENDENT EXAMINER'S STATEMENT
In Connection with my examination, no mELtter has comc to my attention :_
l) which gives nie r¢asonabl¢ cause to believe that En, 2ny niaterial i'espect, the requireinent5'.
* to keep a￿OuntIng iecords in accordance with section 41 of the 2011 A¢t' and
* to prepare accounts which accord with the accouiitliig I'ecords and comply accounting
requirements of the 2011 Act have not been met. or
2) to
hic
the
inm
pinion, atte
o be reached.
n should be drawn in 01.der to enable a proper understai)ding
MRD.
AMAKIN I Msc, FCA I
DANIEL FAMOK & ASSOCJATES
ACCOUNTANTS & FINANC.IAI, C.OON.SIILTANTS
UNIT 209 (SECOND FLOOR), TUDORLEAF BUSINLSS CENTRE
2-8 FOUNTAYNE ROAD, LONDON-NI5 4QL
30th Jalluary 2025

CHRIST IiPOSTOLIC CHURCH
REI DEI MPTION CHIUSTIAN CENTRE
STATETrIC< NT OF FINIINCIAL ACTIVITIES
J'OR'I'HE YLAR LNDLD 31&iI' LVIARCH 2024
Unr¢5trict¢d Restrieted
Funds
Total
2024
Total
2023
Incoiiiiiig Resoiii'¢￿fI'op1l geKei'aledfiiKds
Volunlwy ITKQffl
F.]MRC GkftAid lax rcclaiins
lJicoJ>iiii8 Re.Yoiii'cesfJ'oni Chaiilfjble AcliviiKs
Oiher IA¢oniing ReJoiiF'ces
26,077
2,508
26,077
2,S08
25,937
6.522
19,940
19,940
9,975
Total lELCo￿ting Resoui'ces
48,525
RfiSOtJRcfs EXPENDLD
Chariloble Acli)iilies
30,404
30,404
38,640
Govep'nance calls
825
825
1,386
Total resource5 expended
31,229
40,026
NCT MOVEMENT IN FIINDS
17,297
17,297
2,408
ONC
Total fuiids brought fonvard
(12,585)
5,127
(7,459)
(9,866)
Total funds carried forward
4,712
S,127
9,839
(7,4591
There were no I'ecognised gaiiis or losses for the yeai. other than those included in the Statenient
of financELI Activities. All incoming resoiirces and resol￿c¢S expended der￿ve from continuing
The notes OTJ Pages 5 to 9 form part of th¢s¢ accounts.

C.'IIIIIS'1' AIJO,4'1'LII..IC' C.'14L.'R(_'II 1111,'I)l-. Nlll'l l()NI C,'l.I IIISI'lIlN C'I.:N'-I 11 [.-
11,IIIL'H ?1124
Il.AlJJlNC_'I.' ,SIILI,"T ,15 AI, .1 I.q'
2V2a
2Q2.3
-.IxI,.I) ,I%Sl::'I'S
I'<iiiRilIlL I.-IXL(I As%LI%
-3￿,1()4
C'IIRRI.:N'I- A%SI,"I'S
%uiidry' l)ebioi's
l 6,1172
77(1
Lb,SS CIII,'I)II'OIIS:
Amvuiits lalllnkj due iTrilhin vn¢ I'emr
8871
7011
'LI' CURRLN'I IISSLI TS
13
CR£1 DITUIIS;_
IAniuui)Is falliiigy du¢ after Inore tlian OiiL ye&i')
147,157}
148.2791
TOTAL AssfiTS LESS I.IABIL,ITIES
RI,:PRTr"SENTED BY:
2024
2023
RL%tricled F¢itidq
UnrLsiricled Funds
5,127
4,712
9.839
5,127
112,5851
17,459)
d nf Truslces on tlie 30111 Janii4ry 2025 sl¥ncd oil Its behall. b)..
Paslvr l'isa (
uIL'mi .Saniii (Chair)

CHRIST APO.STOLIC CHURCH
RIDCMPTION CHRISTIAN CENTRE
NOTfk.S TO TIIF. filNANCIAJ, STATF.Mf.NTS
FOR I'HI Y[4 AR EI NDEI D 31ST MARCH 2024
I. ACCOUNTING POLICIES
The financial statements have been ￿'epared in accordance with the accounting policies set out
in notes to the &ccount& Lumply willi Ilie chariigs governing doeumenl, the Charities Act 2011 and
Accouniing and Rtporiing bychariiies.. st￿￿￿eThI of RewMt￿lldQd Pracrice ISORPI applicfjbl¢ To charities
epariEig their accoun15 In 1￿COrdanCe ivilli the F￿a1]cial Reporting Sland&rd applicable in the UK ￿ld Republic
of Ireland published on 16th July 2014.
1.1 Incomiiig Resoiirecs
olunt*r
Income
liicome fratt] tithe5 and offerings collected are included in voluntary incoming resources when
the8c arc reccivabl¢.
The National Lolter
Communit Fund
NLCF
Grant and Other Ineome
The Chaiity appli¢d and I'¢c¢ived granl for'iacwing the chall¢ng¢s of high living costs, Trrganised by
the Natioiial L&)tleiy Commuiiily Fund (NLCF). Othei. Tncome Comprises miscellaneous income and
are accounted for in the period in which it is entitled and iEecived.
Gift Aid Tax Re
metil Cl#im
Tax repayments due from HM Revenue & Ciistoms in respect of members, giving are included in
incotn&ng Itsources and restricted for building funds wheii received,
Cash flow statement
The Chttrity has taken advantage of the exemption in financial Reporting Standard No l fi'oin the
Tequireinents to produce a casht]ow staiement on the gi'ounds that it qualifies as a sJn811 charity.
1.2 Re50urcu e
ende
Resoiirces expended al'e includd in the Staternent of Financial Activitie5 on accrual bases,
inclusive of any Value Added Tax {VAT) which caiinot be i'eeovered. Certa￿￿ expendittkre are
ath'ibutable to specific activities and have been included iii those cost categoi'ies.

CHRIST APOSTOLIC CHURCH
REDEMPTION CHRISTIAN CF.NTRE
O-i'bS'1'U'I'IILI Ii'lNANCIAL S'I'A'I'L4 1VIE￿il.s
CONTINUED
FOR THE YEAR ENDED 31ST ￿￿ARCH 2024
1.3 TAngible fiixed Assets for use by the charity and Deprceiatio
Tangible fExed assets for use by the Ch&i'ity are stated at cost less depirciation.
Depreciation is calculated to write off the ¢05t l¢ss ¢stim8ted irsidual value of fixed assets, ovei.
theii. estiinated use￿] lives on the following basis..
Equipment and Insruments
25.kn per annuin.
2. CHARITABLE AcfIvITIES
2024
2023
Pastoral Allowances
Evangelisin & Ovei'seas Missions
Advert, Publicity & Media
Honoraria and gifts
Rent and Seivice Charges
Donations to Other Chai'ilies
M¢mbeis' Wclfare & Siipports
Printing, Postage and Stationery
Electricity and He&ting
Travelling & Motor Fxpen5&5
Jnsiirance Premiums
Iniernet aiid Web costs
Hospitality, Refreshment & Event5
Secui'ity, Health and Cleaning
Equipmcnt Repair & Reiiewals
Depreeiatioii of fixed assets
Telephone & fax
1.911
7,192
1,903
445
2,531
50
3,345
323
2,516
3,349
183
637
2,480
420
289
2.021
809
4,835
12,498
1,037
1,423
4,162
260
2,129
1,104
2,765
199
1,714
1,790
2,535
859
3. GOVERTrIANCE COSTS
2024
2023
Legal and Professional fees
Accountancy and Independent examinations
325
500
825
886
500

CHRIST APOSTOLIC CHURCH
IDEMPTION CHRISTIAJV CEIYTRC
o"rL.%'I'v'i'llL F'INANCIAL SI'A TEMENTS
C.ONTINiJf4.1)
FOR THE YEAR E]￿￿￿4 D 3 1ST MARCH 2024
4. NFT MOVEMCENT IN FUNDS FOR THE YEAR
2024
2023
The neÉ moveinent in fijnds for the year is stated after chai'ging..
Depreciatioi) of tangible fixed ass¢tb- for use by the charity
Accountancy Fee
2,021
500
1,687
500
S. TRUSTf4 ES, R
No Tnistee has had expenses reiinbuiEed in the year.
There 15 no staff whose emoluinents exceeded £60,000 duriiig the y¢ai'
& TANGIBLE FIXE4 D ASSCITS
MISSION'S r
IIIPMEiYT
'I'AL
2024
TOTAL
2023
IANDS & DEII & FITtINGS
Cost: As at 1st April 2023
Additions durillg the year
As at 3 1st Mar¢h 2024
32101
30,530
481
62,631
481
59,241
3,390
62,631
Dcpreelation: As at 1st April 2023
Charged for the y¢ar
As at 3 1st March 2024
22,926
2,021
24,947
22,926
2,021
24,947
20,391
2,535
22,926
Net Book Value At 31st Mareh 2024
Net Book Value At 315t March 2023
7,604
39,705
38,850
7. DEBTORS.. AMOLThT FALMNG I)
JTHINONL YL
024
2023
Sundry Debtoi's
1,045
1045

CHRIST APOSTOLIC CHURCH
REDE4 MPTION CHRISTIAN CENTRE
N()'I'b&*'I'O'I'14L II ItYANCIAL S'I'A'I'E4 MEI N'rs
CONTINUED
FOR TH[ YEAR EI NDED 3 1ST f*lARCH 2024
8. CREI DITORS.. A
ILNVI'I'IIIN ONL YLIII
2024
2023
Other CJEditoig
Accruals
200
687
887
200
500
700
9.CRlI Dl'l'ORS:
Amounts fallin
due be
ond one
ear
2023
2022
UK Busin¢ss Bounce Back (BBL) Loans
47.157
48.279
The BBL loan is the Bi'itish guaranleed loans granted ihrough UK banks to support
business¢s aff¢cted by the harmful effects of the Covid-19 pandemic. The BBL lo￿3
are repayablL over 60 monihs at 2.5Q/D per annum (with inteiest accrual and loan
repayments waived during the first twelve months).
LO. RELAT£D PARTY TRANSACTIONS
The Chai'ity has a very close relationship with Pastor Yisa Olufemi Sanni, who is the fathcr
of Mrs Roseline Abimbola Sanni-Ajose (a ti'uslee). PAstor Yisa Sanni is the Minister-in-chaige
of the Church and has received the Slim of £485 as ministerial allowance during the year
ended 31 st March 2024.
Pastor Yisa Sanni is oli full time service to the chil￿h and his ministcrial allowance was paid
at at) ari)I's lengttl transactions and covers his local travelling, telephone expenses and dry
cleaning of special robes irquired foi. the position.
11. UNREI STIUCTED FUNDS OF THf. CHARITY
2024
Balance as at Isl Api'il 2023
Movement in the funds for the year
Balance as at 3 1st March 2024
112,5851
17.297
114,9931
2,408
12.5&5

CHRIST APOSTOLIC CHURCH
REDEiiJpfJoiy CHRISTIAN CENTRE
NO-I'L4 S'l'o'riik riINANCIAL STATEI ME,NTS
CONTINuf,D
FOR THE YEAR ENDED 31ST MARCH 2024
12. REI STRICTED FUP4DS
Mi55ions
TOL81
2024
Funds
Balance as at 1st Api'il 2023
Movement in the tiinds for the yeai.
Bal￿]ee as at 3 1st March 2024
5127
5127
5,127
S127
13. ANALYSIS ofi NET ASSEI TS BEI TWEIN FUNDS
Uiire5tricted Re5trirteil
Fiunds
Tolal
2024
Tangible fixed assets
Net Current Assets
(14,119)
18,830
5,127
(8,992)
18.830