Charlty No. 1139822 | Company No. 07136075
THE ETERNAL SACRED ORDER OF CHERUBIM &
SERAPHIM UK PROVINCE LTD
Trustees, Report and Unaudited Accounts
For the Year Ended on 30 September 2023

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
CONTENTS
Pages
Trustees, Annual Report
Independent Examlner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
7-12
Detailed Statement of Financial Activities
13
Page | 2

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
TRUSTEES ANNUAL REPORT
The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the unaudited financial statements of the charity for the year ended 30
September 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 07136075 / Charity No. 1139822
Registered Office . 53, Chatham Street, London, SE17 IPA
Dlrectors and Trustees
The Directors of the charitable company are its Trustee5 for the purposes of charity law.
The following Directors and Trustees served during the year..
O.E. Ajibola
S. Badejo
U. Bawo
S. E. Onuoha
C. Wogu-Nzeakor
E. O. Osebor
A. A. Odunela
Accountants
NF Financial Soliitions Ltd- Clo GoodtoGiv¢ Lid
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the
financial statements comply with the Companies Act 2006. The Trustees are also responslble for
safeguarding the assets of the charity and hence taking reasonable steps for the prevention and
detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies
subject to the small companies regime a5 set out in Part 15 of the Companies Act 2006 and in
accordance with the Charities SORP IFRS 1021.
Signed on behalf of the board
O.E. Ajibola
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THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
INDEPENDENT EXAMINER'S REPORT
I rtpon on the finaneial stslemcnts of the charity for the y¢Ar ended 30 Scpltmb¢r2Q23 which ¢ortWli5e the Siaiemeni of
FinNn¢￿1 Adivilies BalatKe Sheet wilh &$50ciwI¢ li0￿.
Thi5 ripirt is m*d¢ svlely lo th¢ thgriiy¥Tru51ce4 a5 4 body* in I¢￿r¥Iance wilh ￿110￿ 145 ofihe ChaTiiies Ath 2011 EThd
Te8ulaiion8 mode under 5CCtion 154 ofihai Ad. My WO￿ has beth undertak¢n so thai I might State lo Ihc cliariiy's Tn￿1¢¢5
thos¢ mallcr5 1 T¢quir¢d 10 siaie lo Ihetn in an tn(kp¢ThJeni txamin¢rf5 r¢port a￿1 for Do other pu￿5¢. To Ihc fu11¢51
exieiii pcmiill¢d by law. I do tK>t accepl or Ttsponsibility104nyottother than the ¢h8rity and Ihe ehErity'5 Tnjstees
BS 8 kndy, for my exattunation work.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
Th¢ charity's Ti1151ees ore ￿sPOnsible for the PTeparalion of Ihc fiJh*ncial Stater￿ts, and (hey ¢ottsideT that In audii is thot
rLyuifL'd fvr Iliis yeBT und¢r 5cclion 144121 of Ilie Cliarili¢5 Aci 2011 Ithe Acll and thai an itsjependcnt ¢xaminaiioti is
iiecdcd.
It k8 my rewnsibility to..
E¥amin¢ ihe aceoun15 (under S¢ctioii 145 of Ihe Cliarilics Acll;
To follow the procedures laid down in (he Gencril Dir￿110￿$ Biven by the Chaiity Commission¢r5 lundcr Section
145(5Mbl of lh¢ Chariiies A¢il", and
To 5iiie whether particular matt¢rs have come 10 my &tt¢ntion.
of lttdependenl EJamTneVs report
My cxBThinBlion was ¢aTTicd out in ￿C(￿daVe wilh the Genenl DiTCCtÉons wvetb by the Charity Commi36iotkrs. An
¢xllminBtivn in¢ludes a miew of the a￿O￿nTing rttord$ kept by th¢ GToupJDi51ticl ￿ a comp8rison of Ihe arcounls
pr¢*iiied willi Ih05e records. Il also includes LO￿SIderdIIoD of any unusual items Ordi￿1￿5￿¢S in the *c¢ounts a￿1 seeking
explAnMiioiis from you as irusi¢es concerning ony $u¢h maiicrs. The procedur¢s und¢mken th) I￿1 provide All the evidence
11141 would h¢ Tcquir¢d in an audit, conYqu¢nily no opinion is 8iv¢n 85 lo whether thc accowjls pr¢5enl a'trne f•ir'
vicw 8nd th¢ rcpori is limited to those mall¢rs sci 0111 in the $lRl¢mcnl b¢low.
Independent Ex4nilner's statement
In ¢onnc¢iion with myexatnination. no mailer lias come 10 Illy Bii¢nlion'.
11 which gives m¢ re4sonible cJu5e to b¢li¢vc Iliai in any mllterial re8pwI the rcqiiirements..
to keep a￿Ul)lIng re£oTds in 8tcordsnc¢ with seciion 130 of the Act,. and
io pr¢par¢ financial 51alen￿￿¢S whi¢h accord wilh the accountiijg T¢cords and coiiiply with Ihc
a¢¢ouniing tequirernenls of Ih¢ Aci
hav¢ J]ot been nKt' or
21 to which, in my opinion. aiieniion should bc drawD in oftIErto W￿1¢ a proper of the financial
181¢mttlts 10 be Teached.
Signed..
23 June 2024
Basthlyan K. A, C, S. Rodrlgo [ B5c Accountancy, MBA ACASU FFA/FIPA}
On behalf of NF Financial Solutions Ltd
Page | 4

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 30 September 2023
Unrestrlcted funds Total funds Total funds
2023
2023
20Z2
Notes
Income and endowment from:
Donations and legacies
Other
231,004
15,287
231,004
15,287
256.019
86,153
Total Income
246,291
246,291
342,172
Expenditure.
Fund raising costs
Charitable activities
Governance cost
Other costs
40,270
18,064
2,160
149,241
40,270
18,064
2.160
149,241
44.045
3,770
3,223
157,949
Totsl Expenditure
209,785
209,785
208,987
Net Income for the Perlod
36,555
36,555
133,184
Total funds brought forward
1,853,774 1,853,774
1.720,590
Total funds carried foyward
1,890,330 1,890,330
1,853,774
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THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
BALANCE SHEET
As at 30 September 2023
Notes
2023
2023
2022
2022
Fixed assets
Tangible asset
1,368,042
1,366,777
Current Assets
Cash in hand & at bank
Other Debtors
463,201
66,384
425,874
66,384
522,585
492,258
Less . Creditors
Amount falling due within one year
17,2981
15,2601
Net current assets
522,287
486,998
Total assets less current liability
1,890,330
1,853,774
Total net assets
1,890,330
1,853,774
Fund5
Rèstricted funds
Unrestricted funds
1,890,330
1,853,774
Total Funds
1,890.330
1,853,774
These accounts have been prepared in accordance with the special provisions of Part 15 of the
Companies Act 2006 relating to small companies. For the period ended 30 September 2022 the
company was entitled to exemption under sectitsn 477 of the Companle5 Act 2006 relating to Small
companies. The members have not required the company to obtain an audit in accordance with
section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying
with the requirements of the Companies Act 2006 with respect to accounting records and the
preparation of accounts.
Approved by the board on .
2023
And signed on its behalf by:
5. 8adejo
Trustee l Director
Date
Page | 6

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
NOTES TO THE ACCOUNTS
for the Year Ended 30 September 2023
01.Accountlng policies
Basls of preparation
The financial statements have been prepared in accordance with Statement of Recommended
Practice; Accounting and Reporting by Charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I
January 20151 Icharities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021 and the Companies Act 2006.
Change in basis of a¢countlng or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting)
since last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds
These are available for use at the discretion of the trustees in furtherance of the general objects of
the charity.
Designated funds
These are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation fLtnds
These are unrestricted funds which include a revaluation reserve representing the restatement of
investment assets at their market values.
Restricted fund5
These are available for use subject to restrictions imposed by the donor or through terms of an
appeal.
Income
Recognition of income
Income is included in the Statement of Financlal Activities ISOFAI when the charity becomes entitled
to, and virtually certain to receive, the income and the amount of the income can be measured with
sufficient reliabilitv.
Income with related expenditure
Where income has related expenditure the income and related expenditure is reported gross in the
SOFA.
Page | 7

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
NOTESTO THE ACCOUNTS
for the Year Ended 30 September 2023
Donations and legacies
Voluntary income received by way of grants, donatlons and gifts is included in the the SOFA when
receivable and only when the Charity has unconditional
entitlement to the income.
Tax reclaims on donations and gifts
Income from tax reclaims is included in the SOFA at the same time as the giftldonation to which it
relates.
Donated services and facilities
These are only included in income (with an equivalent amount in expenditure) where the benefit to
the Charity is reasonably quantifiable, measurable and material.
Volunteer help
The value of any volunteer help received is not included in the accounts
Investment income
This is included in the accounts when receivable.
GaSnslllosse51 on revaluation of fixed assets
This includes any gain or loss resulting from revaluing investments to market value at the end of the
year.
Gainsll10s5esl on investment assets
This includes any gain or loss on the sale of investments.
Expenditure
Recognition of expenditure:
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully
recovered, and is reported a5 part of the expenditure to which it relates.
Expenditure on raising funds..
These compr15e the costs associated with attracting voluntary income, fundraising trading costs and
investment management costs.
Expenditure on charitable activities..
Services in the furtherance of it5 objects, including the making of grant5 and governance costs
Grants payable.. All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet paid.
Governance cost..
These include those costs associated with meeting the constitutional and statutory requirements of
the Charity, including any audit/independent examination fee, costs linked to the strategi¢
management of the Charity, together with a share of other administration costs.
Page | 8

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
NOTES TO THE ACCOUNTS
for the Year Ended 30 September 2023
Other expenditure..
These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities
Property, Plant & Machinery
Properties are measured initially at cost and subsequently at fair value at each balance sheet date
and are not depreciated. All gains or losses are taken to the Statement of Firiancial l Activlties as they
arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated Stems of stock are recognised
at fair value which is the amount the charity would have been willing to pay for the items on the
open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and
other short-term highly liquid investments with original maturities of three months or less and bank
overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or
current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank
overdrafts that are repayable on demand and form an integral part of the company's cash
management.
Trade and other creditors
Short term credito¥s are measured at the tran5aCtlon price. Other creditors and provisions are
recognised where the charity has a present obligation resulting from a past event that will probably
result in the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably. Creditors and provisions are normally recogni5ed at thelr settlement
amount after allowing for any trade discounts due.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Forei8n currencles
Monetary assets and liabilities denominated in currencies other than the functional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate
of exchange on the date that the transaction occurred.
All exchange differences are taken into account in arriving at net incomelexpenditure.
Page | 9

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
NOTES TO THE ACCOUNTS
for the Year Ended 30 September 2023
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease is trèated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are
classified a5 operating leases.
A55et5 held under finance leases are initially recogni5ed as assets of the charity at their fair value at
the inceptlon of the lease or, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lossor is included in the balance sheet date a5 a finance lease
obligation. Lease payments are apportioned between finance expenses and reduction of the lease
obligation so as to achieve a constant rate of interest on the remainin8 balance of the liability.
Finance expenses are recognised immediately, unless they are directly attributable to qualifying
assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.
Asset5 held under finance leases are depreciated in the same way as owned assets.
Operating le3se payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentives are received to enter into operating leases, such incentives are
recognised as a liability. The aggregate benefit of Incentives is recognised as a reductlon of rental
expense on a straight-line basi5.
Pension costs
The charity operates a defined contribution plan for its employees. A definetj contribution plan is a
pension plan under which the company pays fixed contributions into a separate entity. Once the
contributions have been paid the company has no further payments obligations. The contributions
are recognised a5 expenses when they fall due. Amounts not paid are shown in accruals in the
balance sheet. The assets of the plan are held Separately from the company in independently
administered funds.
Recelpt of donated 8oods. facllltle5 and servlce
All donated goods, facilities and services received are recognised within incoming resources and
expenditure at an estimate of the value to the charity.
02. Company status
The company is a private company limited by guarantee and consequently doe5 not have share
capital
03 Other expenditure
Unrestrlcted
2023
Total
2023
Total
2022
Premises cc>sts
Depreciation
General administrative costs
Legal and professional cost
83,679
16,418
41,568
7,576
83,679
16,418
41,568
7,576
100,285
33,736
9,528
14,400
149.Z41
149,241
157,949
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THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
NOTES TO THE ACCOUNTS
for the Year Ended 30 September 2023
04. Staff costs
No employee received emoluments in excess of £60,000
05. Tangible flxed assets
Property, Plant
& Equipment
Plant &
Machlnery
Total
Cost or revaluation
At l October 2022
Additions
1,275,564
17,684
573,521
1,849,085
17,684
At 30 September 2023
1,293,248
573,521
1,866,769
De
reciation and im
At l October 2022
Depreciation charge for the year
airment
482,308
16,418
482,308
16,418
At 30 September 2023
498,727
498,727
Net book value5
At 30 September 2023
1,293,248
74.794
1.368,042
At 30 September 2022
1,275,564
91,213
1,366,777
06. Debtors
2023
2022
Other debtors
66,384
66,384
66,384
66,384
07. Credltors..
Amounts falling due within one year
2023
2022
Bank loans and overdrafts
Other loan5
Trade creditors
3,099
4,198
3,099
2,160
7.298
5,260
Page | 11

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
NOTES TO THE ACCOUNTS
for the Year Ended 30 September 2023
08, Related party disc105ures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls
the company.
Page | 12

THE ETERNAL SACRED ORDER OF CHERUBIM & SERAPHIM UK PROVINCE LTD
DETAILED STATEMENT OF FINANCIALACTIVITIES
for the Year ended 30 September 2023
Unrestrlcted fund5
2023
Total funds
2023
Total funds
2022
Income and endowments from:
Donation5 and legacies
Other
231,004
15,287
231,044
15,287
256,019
86,152
Total income and endowments
246,291
246,291
342,172
Less: Empenditure:
Costs of generating donations and legacies
Governance cost
Charitable activitles
Depreciation of
40,270
2,160
18,064
16,418
40,270
2,160
18,064
16,418
44,045
3,223
3,770
16,418
Premi5e5 C05t5
Rent
Light, heat and power
Premises cleaning
Premises insurances
Premises repairs and maintenance
Other premises costs
25.350
22,155
4,674
7,711
20,648
3,146
25,350
22,155
4,674
7,711
20,648
3,146
39,235
25,123
6,014
9,146
16,786
3,681
General administrative costs
Bank charges
Information and publications
Postage and couriers
Software, IT support and related costs
Stationery and printing
Travel and subsistence
Sundry expenses
Telephone, fax and broadband
1,042
8,580
330
310
1,426
27,550
367
1,458
1,042
8,580
330
310
1,426
27,550
367
1,458
909
318
584
439
I,iio
2,000
2,784
1,384
Le
al and rofessional costs
Accountancy and bookkeeping
Legal fees
2,160
12,240
7,576
7,576
Total Expenditure
209,735
209,735
208,987
Net movement funds
36.555
36,555
133,184
Page | 13