## **PHILEO AGAPAO** 

## **FINANCIAL STATEMENTS 31/12/2025** 

## **CHARITY NUMBER 1141679** 

**1** 



|**FINANCIAL STATEMENTS FOR THE YEAR ENDED**|**31/12/2025**|
|---|---|
||**Page**|
|**TABLE OF CONTENTS**|**2**|
|**CHARITY INFORMATION**|**3**|
|**STATEMENT OF TRUSTEES RESPONSIBILITIES**|**4/5**|
|**INCOME STATEMENT**|**6**|
|**STATEMENT OF THE FINANCIAL POSITION**|**7**|
|**OTHER CHARITY INFORMATION**|**8/9**|
|**DETAILLED PROFIT AND LOSS ACCOUNT**|**10/11**|
|**RESPONSIBILITIES OF THE TRUSTEES & EXAMINER**|**12**|
|**INDEPENDENT EXAMINER REPORT**|**13**|



**2** 



**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2025** 

## **TRUSTEES** 

## **1. Reverand Kimbulu** 

## **2. Winnie Ekoko Okitundu** 

**3. Jacky Kalonda Kelemondo** 

## **MINISTER IN CHARGE** 

**Reverand Djunga Kimbulu** 

## **REGISTEREDADDRESS** 

**219 E Gloucester Terrace** 

**London** 

**W2 6HX** 

## **MMF ACCOUNTANTS** 

**27 Lordship Lane** 

**Tottenham** 

**London N17 6RU** 

**020 34930 0472** 

**mmaccountants@yaahoo.com** 

**info@mmfaccountants.co.uk** 

**3** 



## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2025** 

**The trustees present their report and accounts for the year ended 31 December 2025** 

## **Principal trustee** 

**Rev Djunga Kimbulu was in charge for the whole period** 

## **Statements of trustee’s responsibilities** 

**The trustees are responsible for preparing the report and accounts in accordance with applicable law & regulations.** 

**The charity commission requires the trustees to prepare the accounts for each financial year. Under that law, the trustees have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting standard and applicable law).** 

**Under the charity commission, the trustees must not approve the accounts unless they are satisfied that they are satisfied that they give a true and fair view of the states of affairs of the charity and of the profit and loss of the charity for the period.** 

**In preparing these accounts, the trustees are required to:** 

- **Select aa suitable accounting policies and apply them consistently** 

- **Make judgements and estimates that are reasonable and prudent** 

- **Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in the business.** 

**4** 



## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2025** 

**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 accounts comply with the charity commission.** 

**They are responsible also for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and others irregularities.** 

**Signed on behalf of the trustees Djunga Kimbulu** 

## **Chairman** 

**5** 



## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2025** 

## **INCOME STATEMENT** 

## **FOR THE YEAR ENDED 31/12/2025** 

||**2025**|
|---|---|
||**££**|
|**TURNOVER**|**141392.82**|
|**Cost of sales**|**7865.91**|
|**GROSS PROFIT**|**133526.91**|
|**Charitable activities**|**111694.49**|
|**Governance costs**|**16744.80**|
|**Profit on ordinary activities before taxation**|**12953.53**|
|**Tax on profit on ordinary activities**|**0.00**|
|**Profit for the financial year**|**12953.53**|



**6** 



## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2025** 

## **STATEMENT OF FINANCIAL POSITION** 

## **AS AT 31 DECEMBER 2025** 

||||**2025**|
|---|---|---|---|
||**Notes**||**££**|
|**Current assets**||||
|**Debtors**||**4**|**150**|
|**Cash at bank and in hand**|||**12953.53**|
|**Net current assets**|||**13103.53**|
|**Capital and reserves**||||
|**Profit and loss account**|||**12953.53**|
|**Shareholders’ funds**|||**12953.53**|



**For the year ending 31 December 2025, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The trustees have not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006.** 

**The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to Companies subject to the small companies’ regime and in accordance with the provisions of FRS 102 Section 1A-Small Entities.** 

**The financial statements were approved by the board and authorised for issue on 31/07/2026 and were signed on its behalf by** 

## **Djunga kimbulu, Chairman** 

**7** 



## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 2025** 

**The financial statements were approved by the Board and authorised for issue and were signed on its behalf by** 

**Rev Alexis Djunga / Chairman.** 

**1. Statutory information** 

**Phileo Agapao is a charity incorporated in England and Wales, Registration number 1141679 at the following address: 219 E Gloucester Terrace, London W2 6HX.** 

**2. Compliance with accounting standards** 

**The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A of the Small Entities. There were no material departures from that standard.** 

**3. Accounting policies** 

**The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.** 

**4. Basis of the preparation** 

**Accounts have been prepared under the historical cost convention as modified by the reevaluation of fixed assets.** 

**Presentation Currency: The accounts are presented in £ Sterling** 

**8** 



**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2025** 

|**5. Debtors**|**2025**|
|---|---|
||**£**|
|**Amount falling due within one year**||
|**Other debtors**|**150**|
|**6. Creditors**||
|**Bank loans and overdrafts**|**0**|
|**Trade creditors**|**300**|
|**7. Average number of employees**||
|**During the year, the average number of volunteers were 3**||
|**TURNOVER**|**141392.82**|
|**Cost of sales**|**7865.91**|
|**GROSSPROFIT**|**133526.91**|
|**Charitable activities**|**111694.49**|
|**Governance costs**|**16744.80**|
|**Other direct costs**|**0.00**|
|**Operating profit**<br>|**123953.53**|



**9** 



## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025** 

**££ ££ Sales 141392.82 Less Cost of sales (donations) 7865.91** 

- **Offering** 

|||||
|---|---|---|---|
|• **Offering**||**45382.00**||
|• **Special offer**||**28875.00**||
|• **Special offer Pastor visitor**||**282.00**||
|• **Cell church**||**1626.00**||
|• **Social fundraising**||**8050.00**||
|• **Church building fundraising**||**7785.00**||
|• **Fundraising for widows**||**41.00**||
|• **Maternity funds**||**80.00**||
|• **Loans repayment**||**350.22**||
|• **Gift aid claim from HMRC**||**30355.69**||
|• **Other income**||**10700.00**||
|**Gross Profit**|||**133526.91**|
|**Less CHARITABLE ACTIVITIES**||||
|• **Pastor salary**||**950.00**||
|• **Minister’s expenses**||**4050.00**||
|• **Pastor visitor allowance**||**7250.00**||
|• **Elder’s allowance**||**2210.00**||
|• **Rent workshop**||**8545.07**||
|• **Rent garage**||**1236.00**||
|• **Youth for Christ**||**3162.16**||
|• **Widows social assistance**||**12478.00**||
|• **F&B 1**||**5418.00**||
|• **F&B 2**||**2893.22**||
|• **F&B 3**||**681.33**||
|• **F&B 4**||**66.41**||
|• **F&B 5**||**1679.48**||
|• **F&B 6**|**10**|**46.79**||





## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

||• **F&B 7**|**179.60**|
|---|---|---|
||• **F&B 8**|**176.93**|
||• **Church event**|**13650.00**|
||• **Communions**|**1616.66**|
||• **Wedding**|**3500.00**|
||• **Social assistance**|**7854.00**|
||• **Women fellowship**|**2803.96**|
||• **Other church**|**199.81**|
||• **Charity event**|**20000.00**|
||• **Music lessons**|**1065.49**|
||• **Church equipment**|**6220.28**|
||• **Advertising**|**231.56**|
||• **Sundries expense**|**3529.74**|
|**1. **|**GOVERNANCE COSTS**||
||• **Rent garage space**|**499.03**|
||• **Insurance**|**219.11**|
||• **Mobile phone Pastor**|**23.67**|
||• **Website**|**39.23**|
||• **Internet**|**157.88**|
||• **Secretary volunteer’s expenses**|**876.17**|
||• **Motor expert**|**403.92**|
||• **Rent garage space**|**64.00**|
||• **Office equipment**|**8043.35**|
||• **General admin expenses**|**429.71**|
||• **Stationery & office supplies**|**391.81**|
||• **Petty cash**|**1200.20**|
||• **Travel costs**|**4396.72**|



**SURPLUS** 

**12953.53** 

**11** 



**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/2025** 

## **ACTIVITIES ND ACHIEVEMENTS** 

**The board of trustees are satisfied with the performance of the charity during the year and its position to confirm its activities during the coming year.,** 

## **LEGAL STATUS** 

**The charity is unincorporated body governed by a written constitution adopted by its members. There is no restriction document on the operation of the charity or on its investment, powers, others than those imposed by the General Charity Laws.** 

## **RESPONSIBILITIES OF THE TRUSTEES** 

**The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations. The law requires the trustees to prepare financial statements in accordance with the United Kingdom, General Accepted Accounting Standard.** 

**The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit for that period.** 

**Signed by order of the trustees** 

## **Name: ALEXIS DJUNGA** 

**Approved by the trustees on 20/08/2026** 

**12** 



**FINANCIAL STAATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** 

## **RESPECTIVE RESPONSIBILITIES OF THE TRSUSTEES AND EXAMINER** 

**The charity trustees consider that an audit is not required for this year (under section 43 (2) of the Charities Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to:** 

- **Examine the accounts (under section 43 of the Act)** 

- **To follow the procedures laid down in the General Directions given by the Charity Commission (Undersection 43 (7) (b) of the Act); and** 

- **To state whether particular matters have come to my attention.** 

## **BASIS OF THE INDEPENDENT EXAAMINER’S REPORT** 

**My examination was carried out in accordance with the General Directions given by the Charity Commissioners.** 

**An examination includes a review of accounting records kept by the charity and aa comparison of the accounts presented with those records.** 

**It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.** 

**The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.** 

## **INDEPENDENT EXAMINER’S STATEMENT** 

**In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe that in material respect that the trustees have not met the requirements to ensure that:** 

- **Proper accounting records are kept (in accordance with section 41 of the act 1993 act); and** 

- **Accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or** 

- **To which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to the reached.** 

**20/08/2026** 

**13**