REGISTERED CHARITY NUMBER: 1155307
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2024
for
City Revival Church International
Brayan and Spencer Associates Limited 56 Guildford Street
Chertsey England KT16 9BE
City Revival Church International
Report of the Trustees
for the Year Ended 31 December 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1155307
Principal address
43 Kendal Road BR1 4NH
Trustees
Mrs V O Amodu M Y Oriad J AJULO
Approved by order of the board of trustees on 31 October 2025 and signed on its behalf by:
Mrs V O Amodu - Trustee
Page 1
City Revival Church International
Statement of Financial Activities for the Year Ended 31 December 2024
| 31.12.24 | 31.12.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 8,288 | 9,117 | |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Administrative | 8,101 | 9,174 | |
| NET INCOME/(EXPENDITURE) | 187 | (57) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 225 | 282 | |
| TOTAL FUNDS CARRIED FORWARD | 412 | 225 |
The notes form part of these financial statements
Page 2
City Revival Church International
Balance Sheet
31 December 2024
| 31.12.24 | 31.12.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 412 | 225 | |
| NET CURRENT ASSETS | 412 | 225 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 412 | 225 | |
| NET ASSETS | 412 | 225 | |
| FUNDS | 4 | ||
| Unrestricted funds | 412 | 225 | |
| TOTAL FUNDS | 412 | 225 |
The financial statements were approved by the Board of Trustees and authorised for issue on 31 October 2025 and were signed on its behalf by:
V O Amodu - Trustee
The notes form part of these financial statements
Page 3
City Revival Church International
Notes to the Financial Statements for the Year Ended 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received 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 charity 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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
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 charity. 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.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
continued...
Page 4
City Revival Church International
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
| 3. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | |||||
| fund | |||||
| £ | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 9,117 | ||||
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Administrative | 9,174 | ||||
| NET INCOME/(EXPENDITURE) | (57) | ||||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 282 | ||||
| TOTAL FUNDS CARRIED FORWARD | 225 | ||||
| 4. | MOVEMENT IN FUNDS | ||||
| Unrestricted funds | At 1.1.24 £ |
Net movement in funds £ |
At 31.12.24 £ |
||
| General fund | 225 | 187 | 412 | ||
| TOTAL FUNDS | 225 | 187 | 412 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
||
| General fund | 8,288 | (8,101) | 187 | ||
| TOTAL FUNDS | 8,288 | (8,101) | 187 | ||
continued...
Page 5
City Revival Church International
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
4. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.1.23 | in funds | 31.12.23 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 282 | (57) | 225 | ||
| TOTAL FUNDS | 282 | (57) | 225 | ||
| Comparative net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds | £ | £ | £ | ||
| General fund | 9,117 | (9,174) | (57) | ||
| TOTAL FUNDS | 9,117 | (9,174) | (57) | ||
| A current year 12 months and prior year 12 months combined position is as | follows: | ||||
| At 1.1.23 | Net movement in funds |
At 31.12.24 |
|||
| Unrestricted funds | £ | £ | £ | ||
| General fund | 282 | 130 | 412 | ||
| TOTAL FUNDS | 282 | 130 | 412 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 17,405 (17,275) |
130 |
| TOTAL FUNDS | 17,405 (17,275) |
130 |
continued...
Page 6
City Revival Church International
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 7
City Revival Church International
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2024 | ||
| 31.12.24 | 31.12.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 8,288 | 9,117 |
| Total incoming resources | 8,288 | 9,117 |
| EXPENDITURE | ||
| Charitable activities | ||
| Subscriptions | 96 | 567 |
| Accountancy | 360 | 360 |
| Repairs | 80 | - |
| Storage | 381 | - |
| Grants to institutions | 7,184 | 7,307 |
| Support costs | 8,101 | 8,234 |
| Management | ||
| Rates and water | - | 940 |
| Total resources expended | 8,101 | 9,174 |
| Net income/(expenditure) | 187 | (57) |
This page does not form part of the statutory financial statements
Page 8
City Revival Church International
Contents of the Financial Statements for the Year Ended 31 December 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | ||
| Notes to the Financial Statements | 4 | to | 7 |
| Detailed Statement of Financial Activities | 8 |