**Company registration number: 05176749 Charity registration number: 1152595**
**Annual report and unaudited financial statements for the year ended 31 July 2025**
**for**
**Faith Community Limited (limited by guarantee)**
## **Faith Community Limited**
**(limited by guarantee)**
## **Contents page**
## **for the year ended 31 July 2025**
||**Page**|
|---|---|
|**Trustees' report**|**2**|
|**Independent examiner’s report to the trustees of Faith Community Limited**|**5**|
|**Statement of financial activities**|**6**|
|**Balance sheet**|**7**|
|**Notes to the financial statements**|**8**|
1
## **Faith Community Limited**
**(limited by guarantee)**
## **Trustees’ report for the year ended 31 July 2025**
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Objectives and activities**
## **Objectives and aims**
## **Significant activities**
## Church and Spiritual Focus
Our weekly church meetings remained a focal point for the organization. We continued to provide systematic Bible teaching and education and fostered deep Spiritual growth of members, associates and attendees with a view to instilling enduring Faith values. During the year, Evangelism continued to receive prime attention and our weekly Friday prayer meeting is still a desired and regular feature among our base community as a source of verve, direction and purpose.
Pastoral Functions.
We provided a wide range of counselling and mentoring support to members as well as others from within the local community who, through signposting, seized the opportunity. Our Men and Women fellowship groups continued to function effectively all through the year, thereby providing a platform for lateral and peer mentoring. This we have identified as a niche area of impact within our community. The activities of these groups yielded significant personal and career development for many members during the year as our people continued to make positive life changing and enhancing decisions which moved them progressively forward.
ducation
## **Public benefit**
The organisation carries out a wide range of activities in pursuance of its objects providing benefits primarily to members of the Church in the first instance but to others also within the local community where the church is situated. The operational base of the organisation is at Scout Hut, Market Place. Burnt Oak London. HA8 0LP
## **Achievements and performance**
## **Charitable activities**
## Pastoral Functions.
We provided a wide range of counselling and mentoring support to members as well as others from within the local community who, through signposting, seized the opportunity. Our Men and Women fellowship groups continued to function effectively all through the year, thereby providing a platform for lateral and peer mentoring. This we have identified as a niche area of impact within our community. The activities of these groups yielded significant personal and career development for many members during the year as our people continued to make positive life changing and enhancing decisions which moved them progressively forward.
## **Fundraising activities**
None
2
## **Faith Community Limited**
**(limited by guarantee)**
## **Trustees’ report - continued for the year ended 31 July 2025**
## **Financial review**
## **Financial position**
Total income in the year was£100,1770 made up as follows: Donation and Legacies:£71,491 Rental Income: £28,423 Investment Income: £56 Total Charitable expnditures was £95,759
## **Reserves policy**
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level, which equates to approximately one months unrestricted expenditure. This provides sufficient funds to cover running and administration, and operational support costs. The Trustees consider that the general reserve level at the end of the year of £17,492 adequate for the charity
## **Going concern**
No Going concern issues to be reported in the year
## **Funds in deficit**
No Fund was in deficit during the year
## **Principal risks and uncertainties**
## **Structure, governance and management**
## **Reference and administrative details**
## **Company registration number**
05176749
## **Charity registration number**
1152595
## **Trustees**
The trustees shown below have held office during the period from 1 August 2024 to the date of this report.
Pastor W Boampong Mrs M Ansrere - Boampong Mr G Amponsah Mr E Boateng (resigned 26 March 2026)
3
**(limited by guarantee)**
## **Faith Community Limited**
## **Trustees’ report - continued for the year ended 31 July 2025**
## **Reference and administrative details - continued**
## **Registered office**
Scout Hut Market Place London HA8 0LP
## **Independent examiners**
Argon & Krypton Consulting Unit 6 Town Quay Wharf Abbey Road Barking Essex IG11 7BZ United Kingdom
This report was approved by the trustees on 29 April 2026 and signed on their behalf by:
Pastor W Boampong, Trustee 29 April 2026
4
## **Independent examiner’s report to the trustees of Faith Community Limited**
I report on the accounts of Faith Community Limited (the “charitable company”) for the year ended 31 July 2025.
## **Responsibilities and basis of report**
As trustees of the charitable company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charitable company’s accounts carried out under section 145 of the Charities Act2011 (“the 2011 Act”) and in carrying out my examination, I have followed all applicable Directions given by the Charity Commission under 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 respect of the charitable company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Olusola Makinwa Argon & Krypton Consulting Unit 6 Town Quay Wharf Abbey Road Barking Essex IG11 7BZ United Kingdom
Date: 29 April 2026
5
## **Faith Community Limited**
**(limited by guarantee)**
## **Statement of financial activities for the year ended 31 July 2025**
|**Note**
**Income from:**
Donations and legacies
3
Investments
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6
Other
9
**Total**
**Net movement in funds**
**Reconciliation of funds:**
**Total funds brought**
**forward**
**Total funds carried**
**forward**|**2025**
**Unrestricted**
**funds**
**£**
100,115
56|**2024**
**Total funds**
**£**
72,249
-|
|---|---|---|
||100,171|72,249|
||(7,094)
(29,299)
(59,368)|(8,527)
-
(22,421)|
||(95,761)|(61,787)|
||4,410
13,081|10,462
2,619|
||17,491|13,081|
6
**Faith Community Limited**
**(limited by guarantee)**
## **Balance sheet as at 31 July 2025**
|**Note**
**Current assets**
Cash at bank and in hand
14
Creditors: amounts falling due within one
year
15
**Net current assets**
Creditors: amounts falling due after more
than one year
16
**NET ASSETS**
**The funds of the charity:**
Unrestricted funds
**TOTAL FUNDS**
18|**£**
25,384|**2025**
**£**
25,384
(7,893)|**£**
17,478|**2024**
**£**
17,478
(5,892)|
|---|---|---|---|---|
||||||
|||17,491
-||11,586
1,495|
|||**17,491**||**13,081**|
|||17,491||13,081|
|||**17,491**||**13,081**|
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 July 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the Board of trustees and authorised for issue on 29 April 2026 and signed on its behalf by:
Pastor W Boampong, Trustee 29 April 2026
7
**Faith Community Limited**
**(limited by guarantee)**
## **Notes to the financial statements for the year ended 31 July 2025**
## **1 Statutory information**
Faith Community Limited is a charitable company registered in England and Wales. Its company registration number is 05176749 and its charity registration number is 1152595. The charitable company is limited by guarantee. Its registered office is Scout Hut, Market Place, London, HA8 0LP.
## **2 Accounting policies**
## **Basis of preparing the financial statements**
These financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, the Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
## **Going concern**
In preparing these financial statements, the trustees have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the charitable company’s ability to continue as a going concern. In making this assessment, the trustees take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The trustees consider that the charitable company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
## **Income**
All income is recognised in the Statement of financial activities once the charitable company has entitlement to the funds, it is probable that the income will be received and and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
8
**Faith Community Limited**
**(limited by guarantee)**
## **Notes to the financial statements - continued**
## **for the year ended 31 July 2025**
## **2 Accounting policies - continued**
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charitable company. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company’s pension scheme are charged to the Statement of financial activities in the period to which they relate.
## **3 Income from donations and legacies**
|General Income
Rental Income -148 Kendal|**2025**
**Unrestricted**
**funds**
**£**
71,692
28,423|**2024**
**Total funds**
**£**
60,946
11,303|
|---|---|---|
||100,115|72,249|
An analysis of grants received included as income from donations and legacies is as follows:
|Total Tthes and Offerings in the year was £71,491
**Investment income**
Interest Received|**2025**
**£**|**2024**
**£**|
|---|---|---|
||**2025**
**Unrestricted**
**funds**
**£**
56|**2024**
**Total funds**
**£**
-|
## **4 Investment income**
9
## **Faith Community Limited**
**(limited by guarantee)**
## **Notes to the financial statements - continued for the year ended 31 July 2025**
- **5 Expenditure on raising funds**
**Raising donations and legacies**
|Staff costs
None
None|**2025**
**Unrestricted**
**funds**
**£**
7,094|**2024**
**Total funds**
**£**
8,527|
|---|---|---|
||||
- **6 Expenditure on charitable activities**
## **Analysis by type of fund**
|Charitable Activities
Total Cahritable expenditure was £95,759
**Analysis by type of expenditure**|**2025**
**Unrestricted**
**funds**
**£**
29,299|**2024**
**Total funds**
**£**
-|
|---|---|---|
||||
|Charitable Activities|**Direct costs**
**(see note 7)**
**£**
27,331|**Support**
**costs (see**
**note 8)**
**£**
1,968|**2025**
**Total**
**£**
29,299|**2024**
**Total**
**£**
-|
|---|---|---|---|---|
||27,331|1,968|-|-|
## **7 Direct costs**
|Staff costs
Other costs|**2025**
**Unrestricted**
**funds**
**£**
17,947
9,384|**2024**
**Total funds**
**£**
-
-|
|---|---|---|
||27,331|-|
10
## **Faith Community Limited**
**(limited by guarantee)**
## **Notes to the financial statements - continued for the year ended 31 July 2025**
## **8 Support costs**
Support costs, grouped by function, are apportioned to activities as follows:
|Charitable Activities
Support costs, grouped by function, are analysed as follows:
Other costs
Interest payable and similar
charges|**2025**
**Governance**
**costs**
**£**
1,968|**2024**
**Total**
**£**
-|
|---|---|---|
||**2025**
**Governance**
**costs**
**£**
1,805
163|**2024**
**Total**
**£**
-
-|
||1,968|-|
## **9 Other expenditure**
|Other costs
**10**
**Independent examiner’s remuneration**
Fees paid to the charitable company’s independent examiner for:|**2025**
**Unrestricted**
**funds**
**£**
59,368|**2024**
**Total funds**
**£**
22,421|
|---|---|---|
||**2025**
**£**|**2024**
**£**|
## **11 Trustees’ remuneration and expenses**
The trustees did not receive any remuneration or other benefits in either year. **Trustees’ expenses**
No trustee was reimbursed for expenses incurred in either year.
11
## **Faith Community Limited**
**(limited by guarantee)**
## **Notes to the financial statements - continued for the year ended 31 July 2025**
|**12**
**Employees**
Wages and salaries
Social security costs
During the year the average number of employees was Nil (2024 - Nil).
No employees received emoluments exceeding £60,000 in either year.
**13**
**Comparatives for the Statement of financial activities**
**Income from:**
Donations and legacies
**Expenditure on:**
Raising funds
Other
**Total**
**Net movement in funds**
**Reconciliation of funds:**
**Total funds brought forward**
**Total funds carried forward**
**14**
**Cash at bank and in hand**
Other bank accounts|**2025**
**£**
24,514
112|**2024**
**£**
25,909
1,288|
|---|---|---|
||24,626|27,197|
||**2025**
**£**
25,384|**Unrestricted**
**funds**
**£**
72,249|
|||(8,527)
(22,421)|
|||(61,787)|
|||10,462
2,619|
|||13,081|
|||**2024**
**£**
17,478|
12
## **Faith Community Limited**
**(limited by guarantee)**
## **Notes to the financial statements - continued for the year ended 31 July 2025**
**15 Creditors: amounts falling due within one year**
|Trade creditors
Other creditors
Social security and other tax
**16**
**Creditors: amounts falling due after more than one year**
Other loans
**17**
**Loans and borrowings**
An analysis of the maturity of loans and borrowings is provided below:
**Amounts falling due between one and five years:**
Other loans
**18**
**Movement in funds**
**At 1 August**
**2024**
**Income**
**£**
**£**
**Unrestricted funds**
General fund
13,081
100,171
**Comparatives for movement in funds**
**At 1 August**
**2023**
**Income**
**£**
**£**
**Unrestricted funds**
General fund
2,619
72,249
**At 1 August**
**2023**
**Income**
**£**
**£**|Trade creditors
Other creditors
Social security and other tax
**16**
**Creditors: amounts falling due after more than one year**
Other loans
**17**
**Loans and borrowings**
An analysis of the maturity of loans and borrowings is provided below:
**Amounts falling due between one and five years:**
Other loans
**18**
**Movement in funds**
**At 1 August**
**2024**
**Income**
**£**
**£**
**Unrestricted funds**
General fund
13,081
100,171
**Comparatives for movement in funds**
**At 1 August**
**2023**
**Income**
**£**
**£**
**Unrestricted funds**
General fund
2,619
72,249
**At 1 August**
**2023**
**Income**
**£**
**£**|Trade creditors
Other creditors
Social security and other tax
**16**
**Creditors: amounts falling due after more than one year**
Other loans
**17**
**Loans and borrowings**
An analysis of the maturity of loans and borrowings is provided below:
**Amounts falling due between one and five years:**
Other loans
**18**
**Movement in funds**
**At 1 August**
**2024**
**Income**
**£**
**£**
**Unrestricted funds**
General fund
13,081
100,171
**Comparatives for movement in funds**
**At 1 August**
**2023**
**Income**
**£**
**£**
**Unrestricted funds**
General fund
2,619
72,249
**At 1 August**
**2023**
**Income**
**£**
**£**|**2025**
**£**
-
1,805
6,088|**2024**
**£**
1
(507)
6,398|
|---|---|---|---|---|
||||7,893|5,892|
||||**2025**
**£**
-|**2024**
**£**
(1,495)|
||||**2025**
**£**
-|**2024**
**£**
(1,495)|
||||**Expenditure**
**£**
(95,761)|**At 31 July**
**2025**
**£**
17,491|
||**At 1 August**
**2023**
**£**
2,619|**Income**
**£**
72,249|**Expenditure**
**£**
(61,787)|**At 31 July**
**2024**
**£**
13,081|
||**At 1 August**
**2023**
**£**|**Income**
**£**|**Expenditure**
**£**|**At 31 July**
**2024**
**£**|
13
## **Faith Community Limited**
**(limited by guarantee)**
## **Notes to the financial statements - continued for the year ended 31 July 2025**
## **18 Movement in funds - continued**
|**Comparatives for movement in funds - continued**
**Total funds**
2,619
**19**
**Analysis of net assets**
**At 31 July 2025**
**Current assets**
Cash at bank and in hand
Creditors: amounts falling due within one
year
**Net assets**
**At 31 July 2024**
**Current assets**
Cash at bank and in hand
Creditors: amounts falling due within one
year
Creditors: amounts falling due after more
than one year
**Net assets**|**Comparatives for movement in funds - continued**
**Total funds**
2,619
**19**
**Analysis of net assets**
**At 31 July 2025**
**Current assets**
Cash at bank and in hand
Creditors: amounts falling due within one
year
**Net assets**
**At 31 July 2024**
**Current assets**
Cash at bank and in hand
Creditors: amounts falling due within one
year
Creditors: amounts falling due after more
than one year
**Net assets**||||
|---|---|---|---|---|
||2,619|72,249|(61,787)|13,081|
|||||**Unrestricted**
**funds**
**£**
25,384|
|||||(7,893)|
|||||17,491|
|||||**Unrestricted**
**funds**
**£**
17,478|
|||||(5,892)
1,495|
|||||13,081|
14