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← Christ Apostolic Church Livingword Centre

2025-09-30-accounts

Christ Apostolic Church Livingword Centre

Report and Accounts Year ended 30 September 2025

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

CHRIST APOSTOLIC CHURCH LIVINGWORD CENTRE

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

ADDRESS FOR CORRESPONDENCE

ADDRESS FOR CORRESPONDENCE 1 Staffa Road Leyton LONDON E10 7PY GOVERNING DOCUMENT Declaration of Trust dated 09/10/2011 CHARITY REGISTRATION NUMBER 1144258 TRUSTEES RESPONSIBLE FOR S Lufadeju MANAGING THE CHARITY E Adebisi J Olutoye J Lufadeju

INDEPENDENT EXAMINER

Stephen Mathews FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

INDEX

Pages 1-3 Page 4 Page 5 Page 6 Pages 7-8

Trustees' Report Independent Examiner's Report Receipts and Payments Account Statement of Assets & Liabilities Notes to the Accounts

CAC LIVING WORD

1 Staffa Road, Leyton, London, E10 7PY. hello@livingword.cc Charity No. 1144258

Minister-in-Charge Pastor Shola Lufadeju

End of Year Report – 2025

A Note from the Trustees

We are pleased to share this year’s report, highlighting the life, growth and ministry of Living Word throughout 2025.

It has been a year marked by spiritual strengthening, answered prayers, family moments and God’s grace in every gathering.

Our Mission Remains the Same

CAC Living Word exists to express the Christian faith in action.

Everything we do — prayer, worship, Bible teaching, evangelism, discipleship — is centred on one purpose:

To help people know Jesus, grow in Jesus and live for Jesus.

This year, this mission has continued to shape our decisions, our programmes and our heart for the community.

Life at Living Word — 2025 in Review

The heart of the church is its people - a growing, diverse family of believers journeying together through faith, life and purpose.

This year, we have seen:

Weekly Gatherings

• Sunday Gathering (10am, in-person) A place of worship, teaching, encouragement and fellowship.

Our theme throughout much of the year centred on spiritual growth, prayer, faith, holiness and learning to live in God’s presence.

Celebrations & Significant Moments

God has been kind to us as a church family. This year we celebrated:

Page 1

Newborns & Growing Families

We welcomed new babies into the Living Word family — reminders of God’s faithfulness and the blessing of new beginnings.

Graduations & Academic Milestones

We rejoiced with members who completed degrees, courses and professional certifications. Every achievement reflects dedication and God’s favour.

Birthdays & Personal Milestones

Every month, we celebrated birthdays and testimonies across the church — marking God’s goodness in the lives of His people.

Powerful Testimonies

From answered prayers to healing, career progressions, new jobs, restorations and divine help — this has been a year of open doors.

Testimonies have encouraged our faith and reminded us that... He is still a God wonders.

Spiritual Growth & Teachings

One of the biggest highlights of 2025 has been the depth of teaching and the spiritual maturity across the church.

We journeyed through themes such as:

Our Wednesday Bible studies has helped us break down scripture chapter by chapter, giving people practical understanding and stronger confidence in the Word of God.

Community Outreach

Make Lunch Initiative

Once again, Make Lunch continued to be a practical expression of love — supporting families during school holidays with meals, conversation and community support. This project remains a valuable part of our outreach and a blessing to many households.

Church Family & Atmosphere

Living Word continues to be:

This year, many have described the church as a place where they “found encouragement”. We are grateful for everyone who serves, prays, gives, teaches and contributes to the life of the church.

In planning the activities, the Trustees have applied the guidance on public benefit issued by the Charity Commission.

Page 2

Financial Overview

Total income this year was approximately £41,000, with total expenditure at £35,000. This leaves a closing balance of approaching £14,000.

We extend our sincere appreciation to every member who continues to give faithfully. Your generosity has enabled us to sustain ministry, maintain our space, support outreach and care for our church family.

Reserves Policy

To ensure stability, the Trustees maintain a minimum unrestricted cash reserve of £20,000 - approximately six months of operating costs.

As of the year-end, our general reserves in the bank stand at just over £13,000 but also having determined to claim Gift Aid the charity was owed around £16,000 and so is keeping us aligned with our responsible stewardship goals.

Looking Ahead

As we move into a new year, we feel a strong sense of expectation. Our focus will be on:

We are trusting God to lead us step-by-step, and we remain committed to building a vibrant, Spirit-led, Jesus-centred community.

Governance & Oversight

Living Word operates with accountability and transparency.

Our Trustees meet regularly to review church activities, finances and compliance.

They ensure that the church:

Shola Lufadeju

Shola Lufadeju (Mar 8, 2026 18:07:09 GMT+1)

Report approved on: ………………… 2026 Mar 8, 2026 Signed on behalf of the Trustees S. Lufadeju https://livingword.cc

Page 3

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

CHRIST APOSTOLIC CHURCH LIVINGWORD CENTRE

I report to the trustees on my examination of the accounts of Christ Apostolic Church Livingword Centre ('the charity') for the year ended 30 September 2025 on pages 5 to 8 following.

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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Stephen Mathews

Stephen Mathews (Apr 21, 2026 10:27:38 GMT+1)

Stephen Mathews FCA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: Apr 21, 2026

Page 4

CHRIST APOSTOLIC CHURCH LIVINGWORD CENTRE

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Notes
Income receipts
Donations
Gift aid receipts
Charity and other grants
Income from letting of facilities
Other
Total receipts
Payments
2
Total payments
Transfers between funds
4
Net movement in funds
Cash funds as at last year end
Cash funds at this year end
A
Net of receipts / (payments) before
Payments in relation to charitable activities
undertaken directly		 General
Funds
£
19,446
-
-
21,000
-
40,446
34,491
34,491
5,954
-
5,954
7,893
13,848
Unrestricted Funds		 Restricted
Funds
£
-
-
764
-
-
764
323
323
441
-
441
23
464		 2025
£
19,446
-
764
21,000
-
41,209
34,814
34,814
6,395
-
6,395
7,916
14,311		 2024
£
14,196
-
4,923
21,000
200
40,318
36,319
36,319
4,000
-
4,000
3,916
7,916

The notes on pages 7 - 8 form part of these accounts.

Page 5

CHRIST APOSTOLIC CHURCH LIVINGWORD CENTRE

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 30 SEPTEMBER 2025

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Unrestricted Funds| |General|Restricted| |funds|funds|2025|2024| |Notes|£|£|£|£| |A|Cash funds| |Cash at bank with immediate access|13,378|464|13,841|7,916| |Petty cash|470|-|470|-| |13,848|464|14,311|7,916| |B|Other monetary assets| |Gift aid due to charity|16,500|-|16,500|-| |Food project grant prepaid|3|1,082|-|1,082|2,459| |17,582|-|17,582|2,459|

----- End of picture text -----

During the year end the charity had decided to claim Gift Aid whereas in previous years it had not and hence no amou were shown as due to be claimed by it in that respect as at 30 September 2024. £14,982 was received in October 20 There are further amounts due for the period up to the year end which are estimated at approximately £1,500.

----- Start of picture text -----
|||||| |---|---|---|---|---| |C|Liabilities| |Falling due within one year| |Fee for Accounts and Examination|1,320|-|1,320|1,500| |1,320|-|1,320|1,500|

----- End of picture text -----

The charity has a lease ending 31 December 2026 and some repairs may be required at the end of the lease. Advice be taken closer to the end date to determine the amount of expenditure that may be required at that time

D Assets retained for charity's own use

----- Start of picture text -----
||||| |---|---|---|---| |Fund to|Current| |which asset|Cost|value| |belongs|£|£| |Music and PA equipment|General|8,200|5,000| |Computers and IT|General|1,075|500| |Other|General|1,500|1,000| |10,775|6,500|

----- End of picture text -----

The accounts were approved by the trustees and signed on their behalf by:

Shola Lufadeju _____Shola Lufadeju (Mar 8, 2026 18:07:09 GMT+1) S. Lufadeju Mar 8, 2026 Date:_____

The notes on pages 7 - 8 form part of these accounts.

Page 6

CHRIST APOSTOLIC CHURCH LIVINGWORD CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

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. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

2
Payments in relation to charitable activities undertaken directly
Pastoral allowance (see note 3)
Make Lunch' food project
Outreach activities
Small equipment
Rent (incl buildings insurance)
Maintenance of buildings & equipment
Utilities
General insurance
Accounts and independent examination
Office costs
Other costs		 General
funds
£
3,600
-
2,098
-
22,305
190
3,554
-
1,410
708
626
34,491
Unrestricted Funds		 Restricted
Funds
£
-
323
-
-
-
-
-
-
-
-
-
323		 Total
2025
£
3,600
323
2,098
-
22,305
190
3,554
-
1,410
708
626
34,814		 Total
2024
£
-
4,900
2,477
-
22,648
1,093
3,970
342
-
751
138
36,319

3 Transactions with related parties

Pastor S Lufadeju, a Trustee, served as a church pastor and was paid £3,600 (2024: £nil) for serving in that capacity. These payments were agreed with the Charity Commission in 2011.

The 'Make Lunch Project' is administered on behalf of the charity by Mrs M Adebisi, the spouse of a Trustee, as an unpaid volunteer. The income for the project are paid by the charity into a private account in the name of Mrs Adebisi maintained solely for the use of the project and used to that effect. At the year end £1,082 (2024 £2,459) had been transferred pending spending on the project after the year end, and this amount is reflected in the Statement of Assets and Liabilities as a 'prepaid' asset. There is a further amount held in the charity's bank account for this specific project as shown in Note 4.

Page 7

CHRIST APOSTOLIC CHURCH LIVINGWORD CENTRE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4 Movement of funds

vement of funds
General funds
Restricted funds
Make Lunch Project
Total funds		 Opening
balance
£
7,893
23
23
7,916		 Receipts
£
40,446

764
764
41,209		 Payments
£
(34,491)
(323)
(323)
(34,814)		 Transfers
£
-
-
-
-		 Closing
balance
£
13,848
464
464
14,311

The Make Lunch Project fund is a grant from TLG to support the work of the project, which supports local families during school holidays with warm meals and a welcoming space to connect. Make Lunch has created a practical space of care and community.

Page 8