Charity number: 1139323
AMEN CHURCH OF CHRIST
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
AMEN CHURCH OF CHRIST
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the charity, its Trustees and advisers | 1 |
| Trustees' report | 2 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 14 |
AMEN CHURCH OF CHRIST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 APRIL 2025
Trustees
Rev Emmanuel Menta Mr Peter Yinfaowei
Charity registered number
1139323
Principal office
15 Bedford Road Clapham North London SW4 7SH
Page 1
AMEN CHURCH OF CHRIST
TRUSTEES' REPORT FOR THE YEAR ENDED 30 APRIL 2025
The Trustees present their annual report together with the financial statements of the charity for the 1 May 2024 to 30 April 2025.
Objectives and activities
a. Policies and objectives
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Achievements and performance
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Structure, governance and management
a. Constitution
AMEN CHURCH OF CHRIST is a registered charity, number 1139323, and is constituted under a Trust deed.
b. Methods of appointment or election of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
Page 2
AMEN CHURCH OF CHRIST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and 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, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. 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.
Approved by order of the members of the board of Trustees and signed on their behalf by: Date: 1 July 2025
Page 3
AMEN CHURCH OF CHRIST
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 APRIL 2025
Independent examiner's report to the Trustees of AMEN CHURCH OF CHRIST ('the charity')
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 30 April 2025.
Responsibilities and basis of report
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of (enter body here), which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Dated: 1 July 2025
Zurish Associates
Page 4
AMEN CHURCH OF CHRIST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025
| Note Income from: Donations and legacies 2 Total income Expenditure on: Charitable activities 3 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 323,249 323,249 353,852 353,852 (30,603) 11,779 (30,603) (18,824) |
Total funds 2025 £ 323,249 323,249 353,852 353,852 (30,603) 11,779 (30,603) (18,824) |
Total funds 2024 £ 327,485 327,485 336,411 336,411 (8,926) 20,705 (8,926) 11,779 |
|---|---|---|---|
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 7 to 14 form part of these financial statements.
Page 5
AMEN CHURCH OF CHRIST
BALANCE SHEET AS AT 30 APRIL 2025
| Note Fixed assets Tangible assets 6 Current assets Debtors 7 Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 8 Net current liabilities / assets Total assets less current liabilities Creditors: amounts falling due after more than one year 9 Net liabilities / assets excluding pension asset Total net assets Charity funds Restricted funds Unrestricted funds Total funds |
- 255 255 (1,278) |
2025 £ - - (1,023) (1,023) (17,801) (18,824) (18,824) - (18,824) (18,824) |
12,890 135 13,025 (580) |
2024 £ 30,025 30,025 12,445 42,470 (30,691) 11,779 11,779 - 11,779 11,779 |
|---|---|---|---|---|
The financial statements were approved and authorised for issue by the Trustees on 01 July 2025 and signed on their behalf by:
The notes on pages 7 to 14 form part of these financial statements.
Page 6
AMEN CHURCH OF CHRIST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
AMEN CHURCH OF CHRIST meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
1.2 Income
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
1.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 7
AMEN CHURCH OF CHRIST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. Accounting policies (continued)
1.4 Government grants
Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities upon the completion of the relevant performance-related conditions. Other grants that are not subject to performance-related conditions are credited to the Statement of financial activities as the grant proceeds are received. Grants received prior to the revenue recognition criteria being satisfied are recognised as a liability.
1.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £1000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .
Depreciation is provided on the following bases:
| Fixtures and fittings | - 33.3% straight line |
|---|---|
| Computer equipment | - 33.3% straight line |
| Other fixed assets | - 33.3% straight line |
1.6 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
1.7 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
1.8 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
Page 8
AMEN CHURCH OF CHRIST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. Accounting policies (continued)
1.9 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
1.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
2. Income from donations and legacies
| Donations Government grants Donations Government grants |
Unrestricted funds 2025 £ 259,764 63,485 323,249 Unrestricted funds 2024 £ 264,729 62,756 327,485 |
Total funds 2025 £ 259,764 63,485 |
|---|---|---|
| 323,249 | ||
| Total funds 2024 £ 264,729 62,756 |
||
| 327,485 |
Page 9
AMEN CHURCH OF CHRIST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
3. Analysis of expenditure on charitable activities
Summary by fund type
| Church activities Church activities |
Unrestricted funds 2025 £ 353,852 Unrestricted funds 2024 £ 336,411 |
Total 2025 £ 353,852 |
|---|---|---|
| Total 2024 £ 336,411 |
4. Analysis of expenditure by activities
| Church activities Church activities |
Activities undertaken directly 2025 £ 353,852 Activities undertaken directly 2024 £ 336,411 |
Total funds 2025 £ 353,852 |
|---|---|---|
| Total funds 2024 £ 336,411 |
5. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .
Page 10
AMEN CHURCH OF CHRIST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
5. Trustees' remuneration and expenses (continued)
During the year ended 30 April 2025, no Trustee expenses have been incurred (2024 - £NIL) .
6. Tangible fixed assets
| Fixtures and fittings £ At 1 May 2024 122,494 Disposals (122,494) At 30 April 2025 - At 1 May 2024 92,473 On disposals (92,473) At 30 April 2025 - Net book value At 30 April 2025 - At 30 April 2024 30,021 7. Debtors Due within one year Other debtors 8. Creditors: Amounts falling due within one year Accruals and deferred income |
Computer equipment £ 1,500 (1,500) - 1,497 (1,497) - - 3 |
Other fixed assets £ 5,520 (5,520) - 5,519 (5,519) - - 1 2025 £ - - 2025 £ 1,278 |
Other fixed assets £ 5,520 (5,520) - 5,519 (5,519) - - 1 2025 £ - - 2025 £ 1,278 |
Total £ 129,514 (129,514) - 99,489 (99,489) - - 30,025 2024 £ 12,890 |
|
|---|---|---|---|---|---|
| - | 12,890 | ||||
| 2025 £ 1,278 |
2024 £ 580 |
Page 11
AMEN CHURCH OF CHRIST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
9. Creditors: Amounts falling due after more than one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans | 17,801 | 30,691 |
Page 12
AMEN CHURCH OF CHRIST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
10. Summary of funds
Summary of funds - current year
| General funds General funds |
Balance at 1 May 2024 £ 11,779 Balance at 1 May 2023 £ 20,705 |
Income £ 323,249 Income £ 327,485 |
Expenditure £ Balance at 30 April 2025 £ (353,852) (18,824) Expenditure £ Balance at 30 April 2024 £ (336,411) 11,779 |
|---|---|---|---|
11. Analysis of net assets between funds Analysis of net assets between funds - current year
| Unrestricted funds 2025 £ Current assets 255 Creditors due within one year (1,278) Creditors due in more than one year (17,801) Total (18,824) |
Total funds 2025 £ 255 (1,278) (17,801) |
|---|---|
| (18,824) |
Page 13
AMEN CHURCH OF CHRIST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
11. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
| Tangible fixed assets Current assets Creditors due within one year Creditors due in more than one year Other unallocated Total |
Endowment funds 2024 £ - - - (30,691) 30,691 - |
Unrestricted funds 2024 £ 30,025 13,025 (580) - (30,691) 11,779 |
Total funds 2024 £ 30,025 13,025 (580) (30,691) - 11,779 |
|---|---|---|---|
12. Members' liability
Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £NIL for the debts and liabilities contracted before he/she ceases to be a member.
13. Related party transactions
The charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the charity at 30 April 2025.
Page 14