CIwAty reg.no.1146177 Ultimak Power Assembty Report and Accounts For the year ended 31 Juty 2025
Ultimate Power Assembty A¢¢ountsnts Report for Ib¢ yer ended 31 Juty 2025 We report on the Accounting of Ultimate Power Assembly Trust for th¢ yw ended 31 July 2024 which are set on pag¢s 3 to 7. The charity trustees are responsible for the preparation of the accounts. The trnstees considered that an audit is not required for this year under section 144(2) of the chatities Act 2011 and an independent examination is needed. It is our responsibility to Examine the accounts under section 145 of the 2011 Act. To follow the procedures laid down in the general direction5 given by the charity Commission und¢r section 145(5) (b) of the 2011 Act. To state whether porticul8r n]atteTs have corne to my allention. ID connection with our ¢samitition, no matter has eome to our attention, Ivhieb gives us re&sonable cause to believe that any material respect the rquir¢m¢nt. To keep accoutrting records in the accounting year and comply with secli<>n 130 of the 2011 Act. To prepare accounts records and comply with the accounting requir¢ments of the 2011 Act. We have not carried out an audit or any other review. and CODs¢qu¢ntly we do not express any opinion on these accounls. S.A.Akwafo & Co Chartered Certified Accountant. 25 Austen Clo IA>ndon SE28 8AY I f ( ti(1.6......
Ultimate Power Agsembty Statement of Finan¢ial Activit8 for Ihe ytsr ended 31 Juty 2025 Not¢s 2025 2024 Incoming resources 67,620 58,468 Gift Aid recovery 81,589 73,(M)8 Direct chaTitable expenses Gro&8 Inc4)ming Resources 52,976 45,646 Administrative expenses Other operating income (16,222) (40,693) 36,754 4,953 Exceptional iterns: Profit on diswsal of langibl¢ f¢0 &s%ts Profit on the disposal of investments Income from investments InteSt receivable Interest payable ,401 Net incoming resources 36.754 6J54 T&x on profit <)n ordinary activities 36,754 6,354
Ultimate Power Ilssembty Balanee Sheet as at 31 Juty 2025 Notes 2025 2024 Fixed Assets Tangible &8sets 255,390 8218 255.390 8,218 Current assets Debtors Deposit Cash at bank and in Iw 192,000 4J03 885 885 196.303 Creditors: amounts falling due within on¢ year (500) (500) Net current assets 385 195.803 Total &ssets less current liabilities 255,775 204,021 Creditors: amounts falling due after more than one year (75,IMI) (60,000) Net assets 180,775 144,021 Aceumulat¢d Funds Income and expenditure account 8 180,775 144,021 180.775 144.021 Approved by the c1)a1rn of the TnLStees on IE and signed on its behalf . Solomon David Igimah Chairnian of the TTr.
timate Power Assembty Not¢s to th¢ Accounts for Ib¢ year ended 31 Juty 2025 l. Accounting Policies Accounting conversion The accounts bave been prepared under th¢ historical cost conversion and in accordance with the Fillallcial Rewting Standard for Smaller Entities (effective April 2008). tncoming resources repr¢s¢nts donations, tithes, offerings received from church rnembers and visitors and Gift Aid from HM ChaTities. 2. IncomiDg r¢wllr¢es 2025 2024 Planned Giving: Donation& Tithes Tax recovered Gift Aid 41851 58,468 56,820 24,769 73,008 2.055 D¢preciation of owned fixed a&8ets 2025 2024 3. Tuation UK corporation tsx 4. Taugibl¢ Fixed Assets Building Equiprnent Total Cost At l August 2024 Additions 250,0(X) 25,389 4,770 275,389 4,770 At 31 July 2025 250,IKX) 30.159 280,159 Depre¢iation At l August 2024 Charge for the year 17,171 2,598 17,171 7.598 5,000 At 31 July 2025 19,769 24,769 Net book valu¢ At 31 July 2025 245,1XKI 10,390 255,390 At 31 July 2024 8218 8,218
Ultimale Power A55embty Noles to the Aceounts for tbe year ended 31 Juty 2025 (ConL) 5. Debtors 2025 2024 Other Debtors 6. Credito. amounts falling due within one year 2025 2024 Corporation Tax Other creditors 500 500 500 500 7. Creditors: amounls falling due after on¢ y¢ar 2025 2024 75,000 60,000 75.000 60,000 8. llleome and expendithre a¢¢ount (summary) 2025 At I Au8USt 2024 Prior year adjustllntS 144,021 At l Augitst 2024 Profit for th¢ yvdr 144,021 36,754 At 31 Juty 2025 180,775
Ultim*te Power Assembly FiDancial Statement for the Ye4r ended 31 July 2025 Net Income for the Year Add: Depreciation 36.754 44,352 Less: Capital Allowances Add: Net Income Blfwd 38,884 Capital AlloJvanee8 Computation Building General Pool Claim B/fwd Additions 8,941 250.000 13,771 2,468 W.D.A. 18Yo 3,0(K) 5,468 W.D.V cjfwd 247,000 11,303
TNstee< Annual Report forthe period from l A¥ust 2024 to 31 July 2025 Charity Name. Ulllmate PoKrAssembly The trustees consists of one member who is a direttor of the company for Companies Act 2(M)6, present their report with the finan¢ial ststements of the charlty for the period ended 31 Juty 2025. The trustees have adopted the provisions of the ststement of Recornmended PractKe (SORPI and Accounting and Reporting by charities is51 in March 2(X)S. Registered Charity Number. 1146177 Resisted company Number 06327039 (England and Wales) Charitys Principal address and companvs Registered Office.. Unit 2>26 Penarth Centre, Penarth Street, London SE15 ITR. Name of Trustees who managed the tharty were: Trurtees Name Office Mr David Solomon Igimah chairperson Mrs OrEngiyeofori FyTrSwJney secretary Name of other trustee members for the charity. Mr Isaac Alexander Adegboyega Description of the tharWsTn The charty is governed tyTru5t Deed& The charity is constituted by a chairperson aThl two trustee members. TNrtee'$ selertlon methods. The trustees are appolnted in accordance with the policy. or8anisation and rule5 of the tharity. Members of the church who are qualified to be trustees a eligible to appty. OWECTIVES AND ACTWMES l. To advance the Christian faith in accordance with the statement of beliefs in such ways and in such parts of the United Kingdom from time to tirne as the trnstees deem fit. 2. To promote emFfftmnt, self-advocacy and entourage members to contribute their skills to the benefft of the widercommunity. 3. To provide counsellin8 to married couples. SUMMARY OF AcfiviTIES a. To promote the whole mission of the church through arti¥ities for youth. senior cttizens and special need group5.
b. To provide regular publlc worshlp In the community open to alf members. c. To provide sacred Spa for personal prayers and contemplation. d. To condurt pastoral work including visiting the sick and the bereaved. e. To undertake outreach in the community every Friday in partnership with Te5CO. f. To conduct breakfast meetlngs and welfare counsellin8 every first Saturday of the month. 8. Tuesday5 and Thursdays prayer meetings activity in church auditorium and on Z(M)m. ACHIEVEMENTS AND PERFORMAN The church has opened its doors to the community for Tuesdavs, Sundavs and Thursdals prdyers in the community. This ha5 enabled the youth who were at first roaming about and engaging in unsociable actNities to come and listen to the word of God. The church orgonises food bank and good morning breakfast at the last weekend of every month. The church organi5es online leadership trainin8 for Pastors and elders. The church organrses regular marriage and singles seminars for members. The trustees outlined their commitment to enable a5 many Fwle as Kxmible to w0h}P and become part of ihe community In Southwark catchment a4 and south East London. Flnanclal Revlew The trustees have decided not pay salarie5 to any member but rather plough back the reserves of the charity to enable it embark on attivities in the community and the publio At the moment most of the trust income is used to pay for rent at the rneeting venue. The amount r1Ved as Gift Aid for the period was E13.969. Ultimate Power Assembly ha5 a 5y5tem in place that allows the vulnerable, the bereaved, the slcl the aged and unemployed within the congregation acce55 some form of support such as food, clothing and money. Every Christmas period we glve out hand packs. clothes and sleeping bag5 to the homeless as part of church artivity- The church is actively negotiatln8 to buy a permanent Pla of worship. Signed on behalf of chaiity Trustee Signature.... Full name: Mr Solomon l)avid 18imah.