CHRIST LIVING CHUIICH 106 ALDERMAN AVENUE B.4RKING LSSEX IGIJ OLR CHARITY RW.e 1158562 1¢'1Tr4ANCIAI. s'fA TF.MF.NI'S R TIIE YEAR FNDF.D 301.11 .SEP"I"EMBER 2024 CHRIST LIVING CHURCH LEGAL .4ND ADMINISTRATIVE INFORNIATION TRUSTELS: REVEREND AKTNDELE OGUNDAYISI (Cl)&ii') PASTORI(MRS) FLORA OGUNDAYISI MS IDOWU AI'UBA SECRETAR Y: MR COLLINS OGUNDAYISI CHARITY NUL)IBTr:R: 1158562 BANKERS: LLOYDS ]JANK PLC 25 GRESI IAM STREET, LONDON FC2V 7HN ACCOUNTAN'I'S: DANIEL FAMOK & ASSOCIATES ACCOUNTANTS & FINANCI.4L C.ONSULTANT8 UNIT 209, (SECOND FLOOR) TUDORLEAF BUSINESS CF.NTRE 2-8 FOUNTA YNE ROAD, I.ONDON N15 4QL cowrENT: l. Tni8lccs' Rcport 2. Slalemenl of Fillancial Activities 1. Balaiice Sheet 4. Nol&8 lo the Accoui)t5 CHRIST LIVING CHURCH TRUSTEES, IIEPORT The TIu51ees liave pleasure ii) subniiltiiig their repoi'l and accounls foi. Ihe year elided 30111 Septenibej. 20?4. Tlic finanLial sl&teniciily h￿ve beeij pi'cpai'ed in accordance iviih the accouiiting p)licies sel out oli pages 6 10 8 aiid coniply ivilli the Sialemenl of Reconiniended Practice (SORP 2015) aiid the applicable la￿.. CONSTITUTION OBJEC'TIVES AND ORGAh'TS.ITION STRUCTURE Tlie Iruslees nifide all Ilie decisi0115 regai'diiig allocation or rui)d5 aiid acliiiilie5. The Bottrd of liNstees is coniprised of tlie Cliairinai). Se¢iElaiy lo lh¢ liwsl. ￿)d two oil)ei iiienibers of tswstees. The cliarity is indepeiidently constituted under a Trust Deed dated 1st Octobei. 2012 and is a i'e8lStercd cl)arity iiunibei. 1158562 oll Ilie Public Rcgisl¢i' of Ihe Cliarily Conjniissioii for Euglaud aiid Wale5. The objectives of the ch￿ilY as sel out in Ili¢ Declèualion of Trusi arc- (a) To advaiice tlie cliri51aii) faith in accordaiice ivith the Statement of Beliefs appeariiig Iicreto in Loiidon and Ilie rest OF Uiiiled Kingdoni and the woi'ld ftl large. (b) To i'elieve per50118 in coiidilions of paiiil, liardsliip or are aged ajidlor sick withii) these ¢omniuiiiti¢s. (c) To pi'omote aiid fulfil other charitable purposes benefici￿ lo Ilje commuijity. The Trust was involved iii Chi'isliai) oulreach progranmies designed io increase Chrlbliaii awarene85 aiid spread Ihe Kospel of our LoL'd Jesu5 Christ. These Chrisliaii outreach piDgramn)e5 are orgaiiised locally in Londoii and oihei. places cxplaiii¢d bclow uijder our ¢¢umeiiical links and r¢laiionships. CHRISTIAN LINKS AND REI.ATIONSHIPS Clu'ist Liviiig Chur¢li way fouiided and indepeiideiitly organised by Revei'end Akiiidele Ogundayisi wlio had been ilie Pi'esidiiig iniiiister and Gellei'al Overseei. since year 2001. Christ Living Chiircli lias ils Headqiiai'lei's in Loi)don aiid has beeii pailicipatiiig in worship iviib other Churclies the comniiilliiy duTiiig Ilieir aiinivei3aries and crusad¢ events. The Trustees al'e pleased lo report Ibal the Church conliniied to be successful spiiilually by ministering io niany people. Tlie ChLITclI has improved in membei'ship slrength and is inci'easingly irachiiig oiil lo tlle commuiiity. ACHIEVEIIIEN'fs AND PERFORMANCE The principal aclivLlies ol the Charity diirillg tlie year under review are the advancen)enl of Christian Religion in aecoi'ddiice ivith the Doctrines, Beliefs and Tenets of Faith as laid domin by Chri81 Living Cliuirh. Tliese objectives ivere achiei'ed duriiig ihe fiiiaiicial year Ilirough oulrcach prograiiimes des1￿]ed to iiicrease Christiaii awai'eiiess aiid spreadiiig the gospel of oui. Lord Jesus Cl)rist. The I"i'ustecs arc plcased to TCI)Ot1 that Ihc Cliurch coiiliiiued to bc succcssfiil 8pii'itually by miiiisleriijg to maiiy people. The chiircli lias impiK>ved in meinbci'ship ¥I￿nglI7 and 15 illcIEasillgly l-eaching out lo th¢ cominiinily, PUBLIC BENEFII. REPORTING The tt'ustees paid due itgard to the Cliarily Comniission's guidaii¢e oil public b￿)erIt and adv￿]ceme11t of ieligion tlu'ougli tlie tolloivii)g acLiieveiiieiils. Pastoi'al C&re and Counsellin The ministerial teani al Christ Living Cliurcb are well iiifornied alld committed to e]￿bIll￿ the local coJiiinui)ity 111 Dageitham dnd Barkiiig to worshii) aiid benefit from paslordl care of tl)e Churcli. Tlii4 is achieijed tluougli weekly cout),8elliiig Services available lo ally rnembey iiicluding old people. sii)gle paretits &iid the hopeless. CHRIST I.IVING CHURCH TRUSTEES, RF.PORT CONTIN'UCI D Youth Develo ment I'oulh developmeiit activities llie ui)derlakcn by Usin￿ Chi'istian virlues aiid docli'ti)es ofciirist LivRn¥ Chui'cli to aise public awareiiess iii inipi'oving tlieir nioralily, educatioii ￿)d M'ellbeiiig li) the society. Evan elism and Missions 511 ort team The tiustees of Clii'ist Living Cliurch are coniniitted lo inviting as niany people as pO￿lble ID worsliip al tlieir Dagenlian) Cliui'cli hall, Esscx. Tlie iiivfftlalions are a¢liieved dui-ing the outingy of the cv&ngelical team wlio disliAbutes Christian Iracts and preaelied d)e go.spel of Jesus Cl)FlSt to menibers orilie public. RISK POLICY The Trnstees liave assessed the nMjoL iisks lo which the frust is exposed particulaTly Iliose relalillg lo the operftlions riiiaiice aiid eiivii'oiiniettl aiid ale *alisfJed ivitli the i'isk managenient systems it) place to niiligate tlie i'i5k exposure to the Cl)ai'ity. REVIEIV or THE FINANCJAL POSITION The tiel incomuig i'esources foi. the yeai. aniounled to a surplus of £14.112 (Yeai. 2023 ivas & surplus of £14,341) and all of ivhi¢h are allocated lo Ilie unirs¢i'icied reseives ol Ibe cbai'ity. IUTURE DEI VELOPMENTS PLANS The immediate coiming yeai's will see a ¢oiilinu¢d emphasis on achieving 11)e niaiii cliarilable objects of tlie ChLircli. There are concluded plans of Ihe li'uslees to (a) SeciiL'¢ neiv places of woi3hip Whe￿ additional c1visli￿7 oiitreacli aiid a¢livilie5 c811 be caiTied oiit (b) Impi'ove ineniberslup slreiigtb by coordinating inore crnsades and prayer sessions (¢) linpiDve qLiality of worship tIiTougl) iDStrumeiits of music, yoiiih confterences beglliging from futLire year$ 2024, BOARD OF TRUSTEES The rnembers ot the board of trustees ivho served duriiig ihe financial year were . Reverend _4kindele Ogundayisi (Chair) Paslorl(Mrs) FIoTa Ogundayisi Ms Id0￿*U Ayuba APPROVAL Thi& iyport was given approval by the b02rd of U￿stee$ 011 Ilie 30tli July 2025 and signed oil its belialf by Seerettsry . Illr Collin5 OEundayi51 INDEPENDF.NT EXAMINER'S REPORT T() THF. TRIJSTfi.ES OF CHRlS'f LIIIING CHURCH CIIARITV NL'MBER 1158562 l i'eport 011 the Finaiicial Statcvnei)Is of tl)e Trust foi- Ilie year ended 30th SeplembeT 2024, ￿'hICh w'e set oul oi) pages 4 10 5 below. REI SPECftVE RESPONSIBILITIES OF TRUSTEES AND EK4MINER Tlie c11arity'S It￿SteeS al'e iesponsible for tlie preparalioi) of the ac¢ounls. The charity's trustee8 consider that an audit is Iiol i'cquii'ed foi. Iliis year undei. seclion 144 (2) of the Cliajilies Act 2011 (the 201 l Act) ai)d Iliat an iiidepciidenl exaniination is needed. It is my respoiis&bility to exaniine Il)c accouiits uiideL section 145 of the 201 l Act, follow tlje pioceduLes laid dowii in the genei'al Dlreclions given by the ch￿'Ity ConiniisSlOll under sectioii 145(5)(b) of the 201 IA¢t, amd * slate whelhei. parliculai- matteiB have come to my attenlion. BASIS ofi INDEPENDENT EknMINER'S STATEMENT My examillalioD ivas cÉu'ried out in llccoi'dance lliith the geiiei?l DiiE¢tioiis giveii by the Cliarily Coinniission, An examinalioii iiicludes & revieiv of tlie accouiiling recordg kept by Ilie Trust and a coniparison of the accounts pt'eset)ted ivilh tliose records. Il also iiicludes considerntion of any ullusual items or disclosureg in the accouiils, aiid seekiiig explanations from the tThslees coliceiniiig any such matters. The procedures undci'laken do llol pix)vide all tlie eviden¢e thal would be requii'ed in an audit aiid coiisequenlly Jio opinioii is giveii as 10 ivhelhei the accouiits pi'e5eiil a 'll￿e aiid fail, vieiv and tlie i'eport is limited lo those nyalleTS set out ill the slaten)enl below. INDEPLNDENT EXAMINER'S STATEIIqENT Tn connectioTh ivilh my examinalion, no Inatter Iw come lo my Attention -. l) M,liicli gives nie ira¥onable cause lo believe that iii. any material respe¢l, Ihe requiremeiits: to keep accoiinting ircords iii accordan¢e with se¢lion 1.10 ofthe 201 l Acl; and lo prepare a¢¢uiinis wliicli accord wilh Ihe accounling records aiid coinply a¢wiiiiting requireii)eThls ol the 201 l Act have not been met- or 2) to ivbich, in my opinioii, allenlion should be drawn in ordcr to enable a proper ui)dei'slanding of tlie acco ts t e reac MR D. A. FAMAKIN [ Sc, FCA I DANIEL FAMOK & ASSOCIATES ACCOUNTANTS & FINANCIAL CONSULTANTS UNIT 209, (SECOND FLOOR) TUDORLEAF BUSINESS CENTRE 2-8 FOUNTAYNE ROAD, LONDON N15 4QL 30th Jul), 2025 CHRIST LIVING CHUIICH STATEIIqENT OF Ftr*ANCI.AI. ACTIIqTIES FOR TIIF. I'F.AR V.NDF.D 30TH SEPTEMBER 2024 Notes Umresti'icted Rtstritted Funds Iyunds Total 2014 Total 2023 JNCOMING RESOURCES liicoiiiiijg Res'oiiiiesfi'opii geijei'uiedjiindy Volui)l&ry liiconie 22,007 22,007 23.547 liicoinijig ReJ'oiii'Le.vfi'oiii Cliaiilable.4cftvi¢ies 14MRC Gift Aid la¥ r￿laIn Otliei. JiJ<'opiiiiig Resotsi Les 6,606 6,()06 5,201 Total Tneoming R¢source3 28,613 28,6]3 28,748 RE* SOURCES XPENDED Cliai liable Ar.livilies 13,076 13,076 13,457 Goijei'iiaiice e.osls 1,226 1,226 950 Total )'csoMrc¢s expended A4,302 14,302 14,407 NE'f MOVLI MFNT IN fuNDS J4,3l2 14,312 14,341 RECONCILIATION OF FUNDS T￿tal funds brouglit foi'iv4rd 94,926 94,926 80,585 Total fund5 carried foi'ward 109,2J8 109,238 94,926 There ivcre no recognised gaiiis or10¥5es foi. the year other than those included in Ihe Slalerneiil of Fiiianciijl Activities. All iiicomiilg iesources atid i'esources expeiided dcrive from coiitinuii)8 actiitities. rhe iiotes Page5 6 to 10 form part of these ¥éccrJunts, CHRI TLI IN HURCII S AT 311TH S 202 BAL 023 ote Sri 4.681 6,198 I'aiitsible l•lXtd A.ssels 2.000 30.000 2,000 30.000 57,028 Deb1￿8 ri,¥ed deposil investsnci)I Ca8lJ 41 Bonk thid in 1401)d . 104,857 89.028 ES DI (Amounts falllng due ii'ltliln one year) (300 (300 NET CUIUiLI NT ASSETS 12 104,557 88,728 TOTAL ASSETS LESS LIABILITIES 109,238 94,926 REPRESENTED B Y: :: ' UnTGstricied Fund.$ io 109.238 109.238 94.926 Approved b). the Board of Tru5teeJ on the 301h Julv 2025 ftiid Signcil oll its behlllf by RLFI'rend AlundLle OgulldilV151 (Chair) CHRIST LIVING CHURCH NOTES TO TIIE FI)ANCIAL STA'I'EMEI NTS FI)R THF. YVAR FIYDF.D 30TII SF.PTF.MBF.R 2024 I. ACCOUNTING POLICIES I'lie financial stateiiients have been pi-epared in accoi-dance witli Ihe accountiiig policies set out in notes to the accounts aiid comply with the cliaiity's goV￿.ning document, the Chai'ities Act 201 l and Accounting and Rcpoi'ting by Chai'itie8 .' Stateiiient of Recomnicnded Piactice (SORP) applicable to Cliill'ities piepaiing theii. accouiils in ac¢oidance witb tbe Financial Repoiting Stand￿d applicable in the UK and Republic of h'eland published on 16tli July 2014. 1.1 Incomlng R￿oUrCeS Volunt Iiicome Inconie fioni tiiliey aiid ofTerings coll¢ct¢d are ii)cluded in voluiilwy iiicomii)g resouires wl)ei) tliese are receivable. Olhei. Income These cornprises ollier niiscellaneous income and are accounted foT in the period Ali wliicli it is eiitiiled. Cash flow stalemetit The Chaiity lias lakeii advaTrlage of Ihe exemp(ion in fInanciRI Repoi'ling Sland&i'd No l from the iequiirments to pi'odiice & casbfloiv slatenient on Ihe giDUI)ds Iliat it qLialifies as a small cl)arily. 1.2 Resource5 expended Reyoiir¢¢s expended are tncliided lll the Statement of Financial Activittes oti a￿nI81 bases, incliisive of any Value Added Tax (VAT) whicli cannol be Fecovered. Certxiii expeiidilure al'e alli'ibulable lo specific activities and liave beeii llicliided In iliose cosl categories. CHAIUI'ILS GIF'I. AID'fAX RECLAI The¥e ￿'e lax reclainis from HM Revenue and Custoins appmiied on the donations of iax-payiiig inembers of the cliurch. 'fiiese are iiicluded as iiicomilig resources duTiiig the year ol"Ibeir receipts. CHRIST LIVING CHURCH NOTES TO TIIE FIINANCIAL STAI'LMEN'I'S CONTINUED roR TIIF. YFAR KNDF.D 30TII SF.PTF.MBF.R 2024 .3 Tangible Fixed Assets fol. use by the thArit> and Depi'ecialion Tangible fixed &5sets foj, use b37 tlie Cl)ai'ity w'e staled at cost less depreciatioi). Depreciatioii is cal¢ulal¢d to wi'ile off the Cost less eslinialed residual value of fixed assels, over tlieir estini&lcd useful lives 011 Ilie following basi5'. F.quipnient ai)d Insliunienls 2￿/0 per aiii)uni, Motor Vehicles 25 /0 per aniium. 2. CHARITABLE ACTIVITIES 2024 2023 Evaiigelism & Ovei'$ea% Mi$5ions Hoiiorai'iuin arAd gi119 Rent and Service ChaL'ges Doiwlions lo Oihei. Ch￿'itIeS Members, Welfare & SuppoIls Pi'll)liiig, Poslagc aiid Slaliollcry Tiavelliiig & Motoi. Expenses Motor Iiisiiran¢e Fi'emiun)s 14ospilality, RefieS￿l]ent & Evenlb DeiJi'e¢ialiun of fixed assets 1,750 263 8,904 8,904 100 800 350 428 400 5.fjo 2,013 .554 1,.$18 13,076 13,4S7 ANCL cos'rs 2024 2023 Lcgal aiid ProfcssioiiBI fees Audit ajid A¢couiitaiicy 826 400 1,226 6.50 -300 950 CHRIST LIVING CHURCH NOTES TO TTrIE FIliANCIAL STATEMENTS CONTJNUED FOR TEIE YEAR ENDED 30.rii SEI PTEMBER 21)24 4. NET MOVEMENT tN FUNDS FOR THE YEAR 21124 2023 The net movenient in fuiids for tl)e year is slated after charging: Deprecialioi) of taiigible fixed &58els- foi. use by ihe cl)arily Accounlai)¢y Fee ,518 400 2,670 300 5. TRUSTEFS, RFMUNERATION No Tiustee has had expenses iEimbui'sed in Ibe year. TlJeiE is llo sl&ff wh08e enioluments ¢xceed¢d £60,000 duiing the year 6. '1'ANGIIILE TrIXED ASSETS VIPMEYT IOT()R '& Trii-I"iliGs VEHIC'LE TOTAL 2024 TOTAL 1023 COSTS: As al l.sl October 2023 Additions durii)g Ilie year As al 30ib Seplcniber 2024 DEPRti CIATION: As al I st October 2023 Deprecialioll cbaige foi. the year As at 30th September 2024 5,890 17,110 23,000 23,000 5,890 17,110 23.000 23,000 5,240 130 5,370 11,.$62 1,387 12.949 16,802 ,-f18 18,320 14,791 2,013 16,804 NLI T BOOK JTALUE: 30th Septeniber 2024 520 4,161 4,681 6,196 N￿1 T BOOK IIALUE: 30th September 2023 .S,.fj48 6,198 8,209 DEBI. AL GDUE ITHIN ONE YEAR 024 2023 oihei. Debtors 2,000 2,000 2,000 2,000 CHRIST LIVING CHURCH NOTES TO THE FIP*ANCIAL STATEMENTS CONTINUED FOR TFIE I'EI AR ENDED 30TH SEPTEMIIER 2024 8. CREDJTORS: ANIOUNT FALLING DUE WITlItN ONE YEAR 2024 2023 Acci'uals 300 300 300 300 9. RELATED PARTY TRANSACTIONS The Chai'ity1i