## 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. - Virtual Weekly Gatherings (Mon, Wed & Fri) - Monday Class: Healing & Deliverance - Wednesday: Bible Study — walking through chapters of the scriptures. - Friday Night Prayer: A strong pillar in our spiritual growth. ## **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: - Faith that Endures - Walking in the Spirit - Strength to Do Exploits - Renewing the Mind - Prayer, Authority & Spiritual Warfare - Holiness & Character Formation - Living in God’s Presence - Seeking His Mercy 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: - a safe place, - a joyful place, - a place of strength, - a place to heal, grow and belong. 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: - strengthening discipleship - developing emerging leaders - investing in children and youth - deepening prayer culture - preparing strategically for the future. 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: - remains aligned to its purpose, - is governed ethically, - maintains proper financial stewardship, and - complies with the Charities Act. ## 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