Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
Registered Charity Number
1155199
PRAISE CHAPEL RAINHAM
Trustees Report and Financial Statements
For The Year Ended
31 July 2021
Timi and Co.
Chartered Certified Accountants
Arundel Business Centre
49 Stslh)n Road
Harold Wood
Romford
RM3 OBS

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Report and a¢¢ounts
Contents
Page
Charity information
Trustees, Report
Statement of Trustees, responsibilities
Independent Examine￿$ report
Statement of Financial Activities
Balance sheet
Noteslschedule to the financial statements

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Gharity Information
Trustèes
Pastor Chichi Ikeotuonye
Pastor Joseph Segun Alli
Pastor Francis Ugbeiukwu
Pastor Robert Menchaca
Independont Examiner
Daniel Dele-ojo FCCA
Timi and Co.
Axund81 Business Centre
49 Station Road
Harold W¢)od
Romford
RM3 OBS
Princlpal addre89
84 Frederick Road
Rainham
Essex
RM13 8NR
Registered number
1155199

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Report of the Trustees
The trustees present their annual report together with the financial statements of Praise
Chapel Rainham {the charity) lor the year ended 31 July 2021. The Trustees confirm that the
annual report and financial statements of the charity compty with the current statutory
requirements, the requirements of the eharity's governing document and the provisions of the
Stalemgnl of Recommended Practice (SORP}'Accounting and Reporting by Charities.
Issued in March 2005.
Praise Chapel Rainham is a charity and the Trustees of the charity exercise control.
Revlew of FiTranclal Po8ft10
Please refer to the annexed accounts for the details of the financial slatements for the year
ended 31 July 2021.
Re8eNes Pollcy
The tmstees would like to work towards a situation whereby the charity ¢ould maintain
unrestricted fvnds at a level whith equates to approxlmately three months of unrestricted
expenditure.
Risk management
The Iwslees have a duty to identify and reviéw the risks to which the ¢harfty is exposed and
lo ensure appropriate controls a￿ in place to provide reasonable assurance agalnst fraud and
error.
Future strategy and polley
The trustees are satisfied that the charty has sufficienl resources to maintain Its current
activities and hope that the congregats'on will grow and increase naturally with lime.
The oryanisalion's prlncipal objects continu• to be:
1. To advance Christian religion by propagating the gosp&l o* Jesus Christ and
proclaiming the Kingdom of God through preaching the word of God
2. To advan￿ such other charitable purposes as the Trltslees shall determine
particularly, but without prejudice to the generality of the foregoing. by relievin9
distress caused by disaster, povoty, and sickness.
3. The advancement of Chrisb'an religion by the worship of God, the proclamation of the
Holy Spirit and the Fellowship of Mankind

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Statement of Trustees, Responsibilitles
The Charities Act requires the Board of Trustees to prepare financial statements for each
financial y&ar which give a true and fair view of the stale of affairs of the charity as at the end
of the financial year and of the surplus or de￿it of the charity. In preparing those financial
statements the Board is ￿qUired to.. .
select suitable aecounling policies and then apply them consislenlly.,
make judgements and estimates that are reasonable and prudent., and
prepare the financial statements on the going concem basis un18SS It is
inappropriate to presume that the charity will continue in business.
stale whether applicable ar￿UntIng standards and ststements of
recommended practice has been followed, subject to any matertal
departures disciosed and explained in the ffinancial statements.,
The Trustees are also responsible for maintaining adequate accounting records which
disclose with reasonable accuracy at any time the financial position of the charity and which
are sufficient lo show and explain the charity's transactions and enable them lo ensure that
the financial stslements comply with regulations made under the Charities Act. They are also
responsible for safeguarding the assets of the charity and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees, report, and the
responsibilty of the independent examiner in relation to the trustees, report is limited to
examining the report and ensuring that, on the face of the repott there are no inconsistencies
with the figures disclosed in the financial statements.
This report was approved by the board of twstees on 28 April 2022 and signed on its bèhalf
DocuS*n•dby.'
4CDA5F0202924F3
Pastor Chichi Ikeotuonye
Trustee

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PRAISE CHAPEL RAINHAM
Inde￿nd0ftt ExamIne￿S Report to the Irust•e8 of the charty
Report of the Independent Examiner lo the trustees
on th8 financial statoments of the eharlty for thè year oTrdod 31 Juty 2021
I report on the financial ststements of the Chanty on for the year ended 31 July 2021 which
have been prepared in accordance with the Chanties Act 2011 and with the Financial
Reporting Standard for Smaller Entrties IFRSSEI, effective April 2008, adapted lo meet th6
needs of tjnincorporated organisations, as modified by the Statement of Recommended
Practice for Accounting and Reporting issued by the Charity Commissioners for England &
Wales, effective April 2005 as revised in June 2008. (The SORPI, under the historical cost
convention and the accounting policies sel out.
R88pectlv& responslblltties of trustees and gxamlner
The Charity's trustees are responsible for the preparation of the financial statements. The
trustees are satisfied that the audit requirement of Section 14411} of the Charities Act 2011
Ithe Act) does not apply, and that there is no requirement in the governing document or
constitution of the Charity for the conducting of an audit. Therefore, the Iruslees have elected
that the financial ststements be subject to independent examirsation.
Having satisfied myself that the charity ts not subie¢t to aud¢ and is eligible for independent
examination, it is my responsibility lo..
al examine the accounts under section 145 ofthe Act.
bl lo follow the procedures laid down in th& General Direclions gtrven by the Charity
Commission under section 14515}Ib) of the Act., and..
cl to stale whether particular matters have come to my attention.
Basi$ of opinion and scope of work undertakon
I conducted my examination in accordance with the General Directions given by the Charity
Commissioners for England & Wales in relation to the conducting of an independent
examinatson, referred to above_ An independent examination includes a review of the
accounb'ng records kept by the Chanty and of the accounting systems employed by the
Charity and a comparison of the financial statements presented with those re￿rds. It also
includes consideration of any unusual items or disclosures in the financial ststements and
seeking explanations from you as trustees concerning such matters. The purpose of the
examination is to establish as far as possible that there have been no breaches of the
Charities legislatson and that the financial statements comply with the SORP, on a test basis,
of evidence relevant to the amount$ and disclosures in the financial $tstemenls.
The prwedures undertaken do not provide all the evidenc8 that would be required in an audi(
and information supplied by the trustees in the course of the examination is not subjeGled to
audit tests or enquiries, and consequenlty I do not express an audit opinion on the view given
by the financial statements. and in particular, l express no opinion a$ to whether the financial
statements give a true and fair view of the affairs of the Charity, and my report ss limited to the
matters set out in the ststement below.
I planned and perfomed my examination so as to satisfy myself Ihal the obje￿iveS of the
independent examination are achieved and befo￿ fillalising the r8port, l obtain writtèn
assurances from the trustees of all material matters.
Ind8pttnd•nt Examlnfjls Ststemenl reporL and opinlon
Subject to the limitations upon the scope of rny work as detailed above, in connection with my
examination. l can confim? that
this is a report in respect of an examination carried out under seth.on 145 of the Act and in
accordance with any direcb.ons gNen by the Commission under subse¢tion {51(bl of that
section which are applicable,.

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
and that, no matter has come to my attention in connection with my examination which gives
me ￿asonable cause to believe that in any material respect the requirements
(il to keep accounting records in accordance with section 130 of the Act.,
(ill to prepare financial statements which accord with the accounting records and comply with
the accounting requirements of the Act and.,
{iii) that the financial statements be prepared in a¢Gordan¢e with the methods and principles
set out in the Statement of Recommended Practice- Accounting and Reporting by Charities
have not been nEt', or
to which. in my opinion, attention should be drawn in my rewrt in order to enable a proper
understanding of the accounts to be reached.
Daniel Del&Ojo FCCA
For and on behalf of Timi and Co.
Chartered Certified Accountants
Arundel Business Centre
49 Station Road
Harold Wood
Romford
RM3 OBS
The date upon which my opinion is expressed is on 28 April 2022.

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Statsment of Financlal Actlvities
for the year ended 31 July 2021
Unrestri¢ted R#5tr1ctsd Totsl
Last Y￿r
Fund•
Fund4
Funds Totsl Fundi
2021
2021
2021
2020
Incomlng resources
Incoming resources from genv•ted funds
Voluntary Ineome
Other irKome
15.199
16,250
15,199
18,250
21.454
18,450
Total Incomlng resources
31M9
31.449
39,904
Costs of ¢harltable activitles
Govemonce costs
30.298
400
30,298
4(K)
35,809
400
Total resources expended
30.6g8
30,898
36,209
Net incoming resources
before transfers between funds
751
751
3,695
Net incoming resources before
Other recognlsed galns and losses
751
751
3,695
Net movement in fvnds
751
757
3,695
Total funds brought fonvard
5,408 339,000
344.408
340,713
Total Funds carrfed forward
l159
339,000
34S,159
344,408

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Balance Sheet
as at 31 Juty 2021
2021
2020
Tho assets andliabllllles of the charity..
Tangible assets
Totsl fix¢dass8ts
339,000
339,000
339,000
Current assets
Cash at bank and in h8nd
6.959
8208
amounts within one year
{800)
(800)
Net cuYrnntass•ts
6,159
5,408
fotalass•ts less eurrnnt Ilabllleles
345.159
344,408
Net assets
Th funds of the eh•rity.'
Unrestri¢ted income fund$
Unrestricted revenLte a¢¢umulated funds
6,159
5,408
Total unrestrlctsd funds
6,159
5,408
R98trlcted fixed asset Funds
339.OC4)
339,000
339,000
339,(LYJ
Total charfty funds
345,159
344,408
DocuS*n•dby.'
4CDA5F0202924F3
Pastor Chichi Ikgotuonye
Trustèe
AppT¢ved by thè board of Iru8t8e8 on 28 Aprll 2022

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Notes to the Finanual Statements for the ear ended 31 Ju
1. ACCOUNTING POLICIES
2021
Accountlng conventl¢n
The financial slalements have been prepared in acryjrdance with the Financi81 Reporting Standard foT Smaller
Entities {FRSSEI. effe¢tNe April 2￿8, and all other applicable a(zounting standar(Js. as modified by the
Statèrnent of Recommended Practice for Acctsuntiro and Reporting issued by the Charity Commissioner8 for
England & Wales, {revised June 2(M)81.
Incoming rn$ource#
All incoming rèsour￿$ are included on the St8t•ment of F[na￿la1 A(aivittes when the charity is legally entitl8d lo
the income and the amount can be quanlffj￿d wtth rea60n8ble accuracy.
Regources èxpended
Expenditure 15 accounted for on an acuuals basis and has t*en classified under headings that aggregate 811 Cost
TelatÈd to the Galegory. Vlhere costs cannot be directly attributed to particular headings, they have been
allo(zted to activities on a basis condstent wrth the usè of resource$.
Taxation
The charity is exempt from tax on its d)aritabte a¢tivthes.
Fund accounting
Uniestrictgd funds can be used in a￿Ordan￿ wlh th8 charrtable ot¥eclives 8t the discrètion ofthè trustees.
Restricted fiJnd$ can onty be used for partitsjlar reslrtcted purposes vrithin the objects of thè ¢harity.
Restrictions arise when 5peafEd by the dorhjr orwhen fvnd$ are raisgd for particuLgr restricted purposès.
Further explanation of the natsjre and purpw of eath fund is included in the notes lo the finanaal ststements.
Hlre purchaoe and leasing eommitmgnts
Rentals paid und* operat¢ng leases are charged to the statements of finanaal acuwlies on 8 Straight-line basi$
ovex the peTicKI of the lease.
2. TRUSTEES, REMUNERATION AND BENEFITS
There wer* no trustee8' remurigration or other benefits for the yèar ended 31 Juty 2tr21 norfor the year ended 31
July 2020.
Trustees, Expens•s
There ￿Te no trustees, exr*nses pgfd neither for the year ended 31 Juty 2021 for the year ended 31 July
2020.

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Schedule to the Statsment of Financlal Actlvilles
for the year ended 31 July 2021
Stakn$ of thls ￿hodUle to tho Statement of Financlal Actlvltl•s
The schedules on the foilowng pages are required by the disclosure requirements of tt)e Statement of
Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England &
Wales, effective April 2005 and revi￿ in June 2CK)8.
As such, they form a part of the accounts required by the Chaiities {Ac￿Unts and Report8} Regulafjons 2008.
UTrrestrl¢ted Restrlcted
Funds
Funds
2021
2021
Total
Fund$
2021
Prlor Perlod
Total Funds
2020
Incomlng Resources
Voluntary Income
Donations
Total
Total Donatlons R•c¢lved
15,199
15.199
15.199
16.199
16.199
21,454
21.454
Total Voluntary Income
Actlvlttes for generating funds
15,199
10.199
21,454
Other In¢ome
Total of activilles for generating fund$
16,250
16.250
16,250
16.250
18,450
18,450
Total Incoming Resources
31.449
31,449
39.904
Charitable oxpenditure
Support costs of ¢harltable actlvltiès
Dlr•¢tSUPPOrt costs
Travel and SubsisterKe- Charitable Actlvities
325
325
325
2,359
325
Management andadministratlon costs
In $upport of charftable acfvldes
St•ff costs In $upportof ¢harft•ble a¢tl¥itl•s
Ral¢s, water and service charges
Insurance
Light and heat
P¥emises repairs and renewals
813
1,623
1.493
10,423
813
836
1.623
1.470
10,850
14.779
1,623
1,493
10,423
14.352
sUbs￿P￿.0ns
Equipment expen3es
Admin costs Spare {1)
833
833
1,008
3.200
833
1,758
3,200
1,008
3.200

Docusign En¥ÈlopÈ ID." AB71lDD￿2Fc043Ca-97C￿-59CcoAo1cEBa
PRAISE CHAPEL RAINHAM
Schedule to the Statement of Flnanclal Activitles
for the year ended 31 July 2021
Status of th1$ Schedulo to tho Statèment of Flnan¢lal A¢tlvltlgS
The schedules on the followlng pages are required by the disclosure requirements of the Stslemenl of
Recommended Practice for A(Lounting and Reporting issued by the Charity Commissroners for England &
Wales, effective April 2005 and revised in June 2008.
As such, they form 8 part of the accounts required by the Charities (Accounts and Reports) Regulations 2008.
Unrgstrfct8d Rgstrlcted Total
Funds
Fund$
Funds
2021
2021
2021
Prfor Period
Totsl Funds
2020
Events
1,700
6.041
5.041
ProfessIonalf•￿ ihs•Jpportof ¢lwit•blo 0th1¢1•s
Accountsncy fees other than examinerslauditors
Legal fees
400
680
400
680
400
680
1.080
1.080
Total Support costs
20.798
20.798
25.709
Grantmaklng to achleve the objects of tho charity
Gronts paid
Grants paid as shown in the detslled schedule
Support costs forgrants paid
7,000
7.000
7,500
Honorarium and Missions
2,500
2,SOO
2,500
2.500
2,600
Total Expended on Charitsble Activities
30,298
30,298
35,809
Govomance costs that are not dI￿¢t management functions Inherenf in generating
funds, servlce delivery andpmgramme orproject wo
Speclfie govenmnce costs
Independent Examineffs Fees
400
400
400
Totsl governance costs
400
400
400
10