FAMILY LIFE CHRISTIAN CENTRE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[ST] MARCH 2025
REGISTERED CHARITY NUMBER: 1152892
THE HOUSE OF FAVOUR 454 – 460 OLD KENT ROAD LONDON SE1 5AG
INDEX Page Index 1 Legal & Administrative Details 2 Trustee’s Report 3 - 8 Independent Examiner’s Report 9 Statement of Financial Activities 10 Balance Sheet 11 Notes on the financial Statements 12-16
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FAMILY LIFE CHRISTIAN CENTRE
LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] MARCH 2025
ADDRESS FOR CORRESPONDENCE
HOUSE OF FAVOUR
454 – 460 OLD KENT ROAD LONDON SE1 5AG
REGISTERED CHARITY NUMBER
1152892
GOVERNING DOCUMENT
CIO – FOUNDATION CONVERSION DATED 21 FEB 2019
TRUSTEES/ DIRECTORS
Rev Nana Kobina Banyin Rev Charles Godman Wesley Rev James Kwesi Ennin Wilhelmina Abban-Mensah
PRINCIPAL BANKERS
BARCLAYS PLC
NATIONAL WESTMINSTER BANK ROYAL BANK OF SCOTLAND
INDEPENDENT EXAMINER
FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH
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Trustees Annual Report Year Ended 31[st] March 2025
Introduction
The Trustees of Family Life Christian Centre have presented this report that covers the activities that were carried out in the financial year ending 31st March 2023. The strategic direction of the church is determined by the Trusts and translated to the Church Council that is charged with implementation. The year under review we engage in both spiritual and physical activities that brought about advancement to our members and the local community. As a member of the Evangelical Alliance and Assemblies of God, Family life Christian Centre pursues its similar objectives in UK and overseas.
The composition of this report includes the board of Trustee, vision, aims and objectives and the financial report.
Board of Trustee
The board of Trustee is responsible for protecting the interest of Family Life Christian by ensuring that its mission is achieved. In the year under review, the Trustees met several times to review the activities of the
organisation to find solution to the challenges posed by the pandemic and set the strategic direction, agree objective which were implemented by the Church Council as the body in-charge of the day to day running of Family Life Christian Centre.
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The composition of the Trustees for the year under review was as follows:
| Trustee Members | Trustee Position |
|---|---|
| Pastor Nana Banyin | Chairman |
| Pastor Charles Wesley | Member |
| Pastor James Ennin | Member |
| Wilhemina Abban-Otoo | Member |
Charity/Company Details
Charity First Registration Date: 24th June 1997
Charitable Incorporated Organisation
(CIO) Registration Date: Feb 21, 2019
Registration number: 1152892.
Registered Address: The House of Favour,
454-460 Old Kent Road, London. SE1 5AG.
Our Vision:
Raising Breakthrough Generations of worshippers who will affect the nations of the world.
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Our Mission:
To passionately build a governing Church to influence the city and impact the nation, through the raising of worshipful covenantal breakthrough believers trained in kingdom living, manifesting Christ’s character in ministry with miracles, signs and wonders finishing His will on the earth.
Aims and Objectives:
The primary aims and objectives of Family Life Christian Centre are to fulfil the role of a Christian Church in the community and to provide help to others in promoting the Christian faith in the United Kingdom and overseas.
Financial Reporting:
This section of the report covers the accounting policy adopted, the responsibility of the Trustees regarding the financial statement and the independent examiner of our financial records.
Accounting policy
The Charity has adopted the provisions of the Statement of Recommendation Practice (SORP 2005) ‘Accounts and Reporting by Charities’ in preparing the Annual Report and statement of financial activities of the Charity.
Trustees Responsibilities in Relation to the Financial Statements
The Trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of Charity and of the incoming resources and application of resources of the Charity for that
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year. In preparing these financial statements the Trustees are required to:
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Select suitable accounting policies and then apply them consistently.
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Observe the methods and principles in the Charities SORP.
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Make judgments and estimates that are reasonable and prudent.
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State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
Financial Performance
The statement of financial position and statement of financial activities below provide detailed of our performance in the year under review. Despite the rising prices in the market that reduced members disposal income and the increasing unemployment experienced by many after the lockdown, the Trust still appreciate the extent to which members donated to further the mission of the church. Increase in our bank balance demonstrate the prudent policies used to manage expenses, thereby giving the church a good safety net that is required to cover our major fixed cost (mortgage payment).
Human Resource
The Church has three (3) employees. The bulk of the work in the church is carried out on voluntary basis by members who use their spiritual gifts to serve in appreciation for their existence and wellbeing. Much of this work is done privately, without recognition, and the hours and value of their time spend cannot be quantified.
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Management activities
Family Life Christian Centre, the church abided by the rigorous guidelines given by government of United Kingdom, which enabled a smooth running of the church and ensured that its members worshiped and fellowshipped in a safe environment.
During the first half of the financial year under review, the church continued to hold its in person services and also worship took place via zoom. During this period the leadership took upon themselves to embark on the “Joseph Store House” project, whereby wholesale purchases of food stuffs, groceries and basic household goods were made. These goods were repacked into boxes and delivered at the homes of every member of FLCC as well as friends of the church. This gesture was received with warmth and gratitude by members and their families, the remaining items were distributed the community over a period of 3 weeks.
The Environment and Health & Safety team were assigned to engage in a major deep cleaning of the whole church premises. All ventilation facilities were thoroughly serviced, the premised were disinfected, hygiene facilities such as, bins, hand gels, temperatures records and directional signs were put in place.
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The church introduced the electronic collection of donations and online bank transfers. This has reduced the inconvenience of holding cash and improved accountability.
Public Benefit
While our aim remains the furtherance of the word of God through teaching, preaching, healing and aiding humanity, we continue to abide by Public Benefit Guidance published by Charity Commission in compliance with its duties under section 4 of the Charities Act 2006.
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The organisation must have identifiable benefit.
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The benefit must be to the public or to a section of the public.
During this financial year the main ways the Church sought to achieve the calling of Christ upon it and its charitable purposes for the public benefit have been as follows:
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Increase awareness of God’s presence and to celebrate God’s love.
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Help people to grow as Christians, through mutual support and care.
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Be a good neighbour to people in need and challenge injustice.
The trustees concluded that during the year under review, the requirements of the charity commission have been met. God has been good in guiding His church community and we pray that as we continue to carry our mission into the future to impact the community and nations, His guidance will always be there.
Rev Nana Banyin
Chair
On behalf of the Board of Trustees
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Independent Examiner’s Report To the Trustees FAMILY LIFE CHRISTIAN CENTRE
I report on the accounts of the church for the year ended 31[st ] March 2025 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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State whether particular matters have come to my attention.
Basis of Independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
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(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Chuks Ajuka FICB PMDip In association with FRESH FIRE ORGANISATION Generator Business Centre 95 Miles Road Mitcham Surrey CR4 3FH
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FAMILY LIFE CHRISTIAN CENTRE
Statement of Financial Activities for the year ended 31st March 2025
| Unrestricted Restricted Total Funds Funds Funds 2025 Incoming ResourcesNote £ £ £ from generated funds Donations and Legacies 2 152907 152907 Investment income 3 0 0 152907 0 152907 Other 5450 0 5450 _____ Total Incoming 158357 0 158357 Resources Resources Expended Expenditure on: Charitable Activities 6 35,877 35,877 Other 7 57673 57673 ____ Total Resources 93,550 0 93,550 Expended ______ Net movement in funds 64,807 0 64,807 Reconciliation of Funds Total Funds brought forward 1226168 360642 1586810 Total Funds carried forward 1,290,975 360642 1,651,617 |
Unrestricted Restricted Total Funds Funds Funds 2025 Incoming ResourcesNote £ £ £ from generated funds Donations and Legacies 2 152907 152907 Investment income 3 0 0 152907 0 152907 Other 5450 0 5450 _____ Total Incoming 158357 0 158357 Resources Resources Expended Expenditure on: Charitable Activities 6 35,877 35,877 Other 7 57673 57673 ____ Total Resources 93,550 0 93,550 Expended ______ Net movement in funds 64,807 0 64,807 Reconciliation of Funds Total Funds brought forward 1226168 360642 1586810 Total Funds carried forward 1,290,975 360642 1,651,617 |
2024 £ 83388 0 |
|---|---|---|
| 152907 0 152907 5450 0 5450 |
83388 29393 |
|
| _________ 158357 0 158357 |
___ 112781 |
|
| 35,877 35,877 57673 57673 |
55897 38736 |
|
| _________ 93,550 0 93,550 |
___ 94633 |
|
| _________ 64,807 0 64,807 1226168 360642 1586810 1,290,975 360642 1,651,617 |
___ 18148 1568662 1586810 |
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
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FAMILY LIFE CHRISTIAN CENTRE Balance Sheet as at 31st March 2025
| Note Fixed Assets Tangible fixed assets 5 Current Assets Cash at bank and in hand Debtors & prepayments Creditors:amounts falling due within one year Creditors & accruals 8 Net Current Assets Total assets less current liabilities Creditors:amounts falling after more than one year Net Assets Funds Restricted Funds Unrestricted Funds TOTAL FUNDS |
2025 £ 1858642 _ 1858642 _ 81791 0 81791 45061 _ 36730 _ 1895372 243755 1651617 360642 1290975 _ 1651617 _ |
2024 £ 1821617 |
|---|---|---|
| 1821617 ___ 77610 36612 |
||
| 114222 44658 _ 69564 _ 1891181 |
||
| 304371 | ||
| 1586810 | ||
| 360642 1226168 _ 1586810 _ |
Approved by the trustees on 2nd March 2026 and signed on their behalf by :
The notes on these accounts form part of these accounts
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FAMILY LIFE CHRISTIAN CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025
1) Accounting Policies
These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with: The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014.
1.1 Going Concern: The accounts are prepared on a going concern basis.
1.2 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
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1.3 No changes to the accounting estimates have occurred in the reporting period
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1.5 No material prior year error have been identified in the reporting period.
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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The charity becomes entitled to resources;
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It is more likely than not that the trustees will receive the resources;
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The monetary value can be measured with sufficient reliability.
Grants and Donations
Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)
.
Tax reclaim on donations and gifts
Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
EXPENDITURE AND LIABILITIES
Liability Recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Grants and Support Costs
Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
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FAMILY LIFE CHRISTIAN CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2025
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
ASSETS
Tangible Fixed Assets for use by the charity
They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.
Debtors
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.
.
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FAMILY LIFE CHRISTIAN CENTRE
Notes to the accounts for year ended 31st March 2025
2 Donations
| Church collections Tithes & Offerings Thanksgiving Kairos Others Youth & Children Women;s fellowship Men's Fellowship Total 3 Investment income Bank Interest 4 Other Income Good to Give Mission house fund Mission thanksgiving Media contributions Total |
Church collections Tithes & Offerings Thanksgiving Kairos Others Youth & Children Women;s fellowship Men's Fellowship Total 3 Investment income Bank Interest 4 Other Income Good to Give Mission house fund Mission thanksgiving Media contributions Total |
Unrestricted Total fundsTotal funds Funds Restricted 2025 2024 £ £ £ £ 149671 0 149671 82638 1368 0 1368 0 1220 0 1220 50 648 0 648 700 0 0 0 0 0 0 0 0 0 0 0 0 |
|---|---|---|
| 152907 0 152907 83388 |
||
| Unrestricted Total fundsTotal funds Funds £ 2025/£ 2024/£ 0 0 0 Unrestricted Restricted Total Total Funds/2025 Funds/2025 Funds/2025 Funds/2024 5450 0 5450 29393 0 0 0 0 0 0 0 0 0 0 0 |
||
| 5450 0 5450 29393 |
| 5 Tangible Fixed Assets Cost At 01/04/2024 Additions Disposals At 31/03/2025 Depreciation At 01/04/2024 charge for the year Disposals At 31/03/2025 Net Book Value at 31/03/2025 Net Book Value at 01/04/2024 |
Land and Fixtures, buildings fittings and Motor Freehold Equipment Vehicle Total 2025 £ £ £ £ 1819580 17275 0 1836855 0 45000 0 45000 -1250 0 0 -1250 |
|---|---|
| 1818330 62275 0 1880605 15238 0 15238 6725 0 6725 0 0 0 |
|
| 21963 0 21963 1818330 40312 0 1858642 |
|
| 1819580 2037 0 1821617 |
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FAMILY LIFE CHRISTIAN CENTRE Notes to the accounts for year ended 31st March 2025
| **6 ** | Cost of Activities in furtherance | Cost of Activities in furtherance | of Charity's Objectives | of Charity's Objectives |
|---|---|---|---|---|
| 2025/£ | 2025/£ | 2024/£ | ||
| Unrestricted | Restricted | |||
| Missions | 0 | 0 | ||
| Wages & Salaries | 20533 | 45988 | ||
| Employer's NIC | 0 | 0 | ||
| Donations/welfare | 13557 | 7929 | ||
| Youth ministry | 0 | 0 | ||
| FGC Conference | 0 | 0 | ||
| Training expenses | 0 | 0 | ||
| Decorations | 0 | 0 | ||
| Events | 0 | 0 | ||
| Pension | 0 | 0 | ||
| Media expenses | 1787 | 1980 | ||
| Children Ministry | 0 | 0 | ||
| Marketing | 0 | 0 | ||
| Total | 35877 | 0 | 55897 | |
| **7 ** | Other Costs | |||
| Church council | 0 | 0 | ||
| Admin expenses | 1036 | 3731 | ||
| Security | 1678 | 0 | ||
| Consummables | 960 | 388 | ||
| Light & Heat | 6014 | 3669 | ||
| Depreciation | 6725 | 509 | ||
| Insurance | 0 | 0 | ||
| TV/Radio expenses | 0 | 0 | ||
| Hygiene & sanitation | 672 | 723 | ||
| Motor,travel expenses | 713 | 2000 | ||
| Equipment expensed | 0 | 0 | ||
| Printing & Stationary | 0 | 0 | ||
| Subscription | 1210 | 30 | ||
| Conference/meetings | 1862 | 0 | ||
| Volunteer expenses | 8250 | 800 | ||
| Missions | 9486 | 0 | ||
| Telephone & Internet | 2645 | 630 | ||
| Accountancy service | 250 | 2160 | ||
| Other expenses | 8329 | 11439 | ||
| Bank charges | 777 | 965 | ||
| Mortgage Interest | 0 | 0 | ||
| Building Renovation | 1175 | 2942 | ||
| HMRC/NIC | 5891 | 8750 | ||
| Women's fellowship | 0 | 0 | ||
| Men's fellowship | 0 | 0 | ||
| Sundry | 0 | 0 | ||
| Card services | 0 | 0 | ||
| Total | 57673 | 38736 |
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FAMILY LIFE CHRISTIAN CENTRE
Notes to the accounts for the year ended 31st March 2025
| 8 Restricted Funds Missions Mens Fellowship Events Kairos Mission House Fund FGC Bookshop Womens fellowship Total Staff Costs Salaries HMRC Total |
8 Restricted Funds Missions Mens Fellowship Events Kairos Mission House Fund FGC Bookshop Womens fellowship Total Staff Costs Salaries HMRC Total |
01/04/2024 Income Expenses 31/03/2025 0 0 0 1676 0 500 1176 0 0 0 0 0 1220 0 1220 34884 0 0 34884 1098 0 400 648 0 0 -2899 -2899 -569 0 0 -569 |
|---|---|---|
| 37089 1220 -1999 34460 |
||
| 2025/£ 2024/£ 20533 45988 0 12957 20533 58945 |
||
| Total |
No employee earned more than £60,000 p.a. There were 2 employees during the year. Trustee Remuneration
No trustee received remuneration during financial year.
9 Debtors and Prepayments
| ents Debtors Israel and cashback FGC conference PAYE Hardship |
2025/£ 2024/£ 0 22554 0 0 0 0 0 14058 0 0 |
|---|---|
| 0 36612 |
10 Creditors: amounts falling due within one year
| lling due within one year Accruals Mission house Dorcas Ministry Bookshop Men's Ministry Kairos Women's Ministry FGC conference lling more than one year Mortgage Principal Creditors |
2025/£ 2024/£ 9988 7273 34884 34884 613 613 -2899 -317 1176 1676 1220 0 -569 -569 648 1098 |
|---|---|
| 45061 44658 2025/£ 2024/£ 243755 304371 0 0 |
|
| 243755 304371 |
11 Creditors:amounts falling more than one year
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