Divine Exchange Chrislian Cenlre
Registered Chariiy Number: 1144013
Accounls
30 September 2023

Divine Exchange Christian Centre
Contents
P4ge
Ch&iiy inforfflauon
T[￿$tees. re[￿rt
2103
AccounlanU%' report
Stsiement of fulwial activities
Balance shc¢t
N￿eS to the accounts
7t09

Dii'iiie Excliange C11ri51i•n Cenlre
Charity InfOrm￿lI0n
Kelechi Ngozi Chiikwke
Anna Edevbi¢
Ogheneiega Ak￿lwa￿
Ac(yTrunt#n15
Ferndalc Accountsni$ Lid
Suite I
15 Salem styeet
Bradford
Wesi Yorkshire
BDI 4QH
BaDkeTS
Barclays plc
Charity address
25-27 Sheepscar Street South
Lteds
W¢si Yorkshire
ts7 IAD

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th oq •t
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Appty•*l
Onbthalf otthe Trustees

Divine Exchange Christian Centre
Accountants. report on the unaudited accounts
to Divine Exchange Christian Centre
I report on the accounts of the chariry for the year erded 30 Septenther 2023. which are
set out on pag¢s 5 to 9.
You have approved ￿ accounts for the yeaT efKled 30 Sepiernber 2023 Mlbi¢h cornpris¢ th¢ S￿eMen1 of
fLnaEKial activities. the Baiatlee s￿et 3￿j the relaied ThA¢S. In accordarK¢ with your insu￿tIOn￿ w¢
have compiled these unaudiied accounts from th¢ xcouniing n£ords and inf0m￿[lOn and
explatsaiions supplied w u
Fer[m￿le Accountants L
Suite I
15 Salem street
Bradford
Wesi Yorkshire
BDI 4QH
26 July 2024

Dii'inc Exchange Chr1511iill Ctnlre
Si#ten3cnt or rinnnci.￿l acliiities
for the )'ear endecl 311 Seplenibtr 2023
2023
2022
Incomoln8 Rosourtts
Income-unrcsiricted funds
O¢her income
143.449
237
119.929
Total intonung rtsource5
143.686
119.932
Rosourtts Expended
Other diT¢Ci Costs
Wages. salaries and oiher staff costs
Car. van and travel expenses
Rent. rates. EKJw¢r and iDswartt costs
Rcpairs and r¢n¢wal$ of proFW aryj equipn*nt
TelephoDe. fax. stationery and other office cosis
Advertising and business eniertainmeni costs
Accountanty. legal and other professional fees
Depre¢i21ion and Ioss1(profitl on sale
OLher busin¢5s expen5e5
Totsl resourses txpended
41.010
27.537
1.911
20.427
19.205
1.031
40.￿8
689
690
7.336
2.718
3.491
4,105
569
124,307
lJ56
4.224
4.496
IlJ)J76
Net movemen¢ in funds
19.379
19J56
Total fwids gt l Oetsber
71.762
5?.406
Total funds at 311 September
91.141
71.762

Diiine Eichange Chrislian Cenlre
Balance Slicet
as llt 3V Septeniber 2023
Nolfs
2023
2022
Flxed asse15
Equipmeni. mxhL￿ry and moior vehicles
18,703
20.481
Bankthuilding society balances
Cash in hand
Otber cwreni assets and prepajinems
69.855
261
1322
72.438
51.020
261
Net ¢urrent assets
72.438
51.281
Net assets
91.141
71,762
Balance at st¥n of period
CLwr¢nt Nct mvemeni in funds
71.762
19,379
52.406
19,356
91.141
71.762

Di)'ine Exchange Chrlstldin Cenlre
Notes In the tKcctsiin15
ror the )'ear ended 311 Sepleniber 21)23
l Ae¢ounllng b4515
The accoun15 are prepared on the receip15 and payrnenls basis and include the resulis of
Ihe chiirity's 0[￿ratIonS which are described in thc Tru51ee5' Teport. all of which are
conlinuing.
Tr ri￿ntIaL Slatemenis have been prepared in xcordar￿c with the Siaienxni of
Recommended Praciice Reporting by Chariiies {SORP 21K)51 issued in March 2CK15. aThi
applicable UK Ac¢ouniing Standards and tk Charitics Ac¢ 1993.
2 Profil and loss attounl analysis
2023
2022
Income-unrcslrirted funds
Voluntary glVLngs a￿1 offerings
Gifi Aid
121.855
21.594
1(kn,780
13.149
119.929
Other direc¢ costs
Chariuble donations
Church Tefie5hrncnts
Church prayer a¢liviiie5
Church Conference
5.057
14,993
10.745
10.215
2.769
6.639
11.019
Other incoine
InLeresi r¢c¢ivable
237
W#ges. $413rieJ gnd oiher s14trcos1s
Wage5 and SaI￿leS
Pensions
Sthff trainin8 and welfare
19.
10.903
352
7,950
663
7.010
27.537
Car, van #nd irAvel expense$
Travel and subsisience
i.oji
Rent. rates? Power and Insurance etssts
Reni
Light and heal
CkJning
27,728
7.014
198
34.SlO
33,750
6.??3
105
Repairs and renewgjs of pruperly and eq￿lp￿IErt¢
R¢pairs and mainlenance
6rA)

Dii'ine [4 xchange Christian Ccntre
Noles lo Ilie Acc4)unts
for Ihe y¢ur ended 30 Seplember 2U23
Ttl¢phone, fnx. $1411otttry and oiher omce costs
Telephone lind inl¢n*i
Postage
Siationcry and prinling
Equipmcnl ¢Kpensed
Software
Oiher insurnntt cos
2,127
48
483
2,904
1,139
635
7.336
2.030
1,176
3.280
635
7.964
Advertising and business entert#inn*nt costs
Adveflising and PR
2.718
1.556
Accountaney? legal and othtr professional fees
Accounianis lees
Paytoll Itts
Other l¢gal and professional
5(Kt
732
2.259
3.491
5CKI
473
3.251
4.224
Depreciation and I05￿{prOfit> on sale
DepreCi￿lOn
4.105
4.496
Other b￿esS expews
Sub5¢ripiions
Other expellses
142
427
569
35
871

Divine Exchange Chrisli8n Cenlre
NTrles to the Acci)unts
for the year cndcd 30 Seplcmber 21J23
3 PIAnl, maehlncr). and mvtor vehicles
Plant and
machlnery
lotor
vehl¢les
Total
Cost
Ai l O¢tober 2022
AddiiioThs
35.675
2,327
38.INJ2
1.246
36.921
2,327
39.248
AI 30 September 2023
1,246
Depre¢iatfion
At l O¢tober 2022
Charge for ihc year
AI 30 Sepiember 2023
15.580
4.036
860
69
16,440
4.105
20.545
19.616
929
r4et book value
At 30 S¢pt¢nther 2023
At 30 seP￿A￿[ 2022
18.386
317
18.703
20.481
20.095
386
Accowhtancy fet (or the currenl year is £5CK) ¥thich is nol paid yeL