## **CHRIST APOSTOLIC CHURCH, PENTECOSTAL ASSEMBLY, WOLVERHAMPTON.** 

## **REPORT OF THE BOARD OF TRUSTEES** 

The Trustees are pleased to present the annual report, for the purpose of Charities Act 2011, together with the Accounts for the period ended 31st December 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice “Accounting and Reporting by Charities” issued in March 2005 in preparing the annual reports and financial statements of the charity. 

## **STRUCTURE GOVERNANCE AND MANAGEMENT** 

CAC Pentecostal Assembly is a Charity, registered with the Charity Commission on the 

It is governed by its Trust Deeds and is managed by a Board of Trustees. 

Decisions are determined by a simple majority vote by the Trustees who set the strategic direction of the charity. Delegated authority has been given to the Pastoral Board and Management team for the day-to-day running of the operation of the charity. 

Trustees are selected based on the contribution that they will make towards the governance of the charity and the skills that they will contribute. 

## OBJECTIVES AND ACTIVITIES 

The Charity’s objectives are: 

- a.  To advance the Christian faith worldwide 

- b.  The relief of poverty. 

## **STRATEGIES** 

The Charity’s strategies for achieving these objectives were through the key activities of providing a place of worship, a Church, located at 6 Retreat Street, Wolverhampton. WV3 0JR 

## **ACHIEVEMENTS AND PERFORMANCE OF THE PUBLIC BENEFIT** 

In 2023 with over 30 members who support the work of the charity and make invaluable contributions through various departments: Prayer group, men's department, women's department, children's church, youth church, drama group, evangelism group, counseling department, the music and choir department, media team, and community outreach group the following activities were carried out for public benefits. 

1. Provision of welfare and support both within the church and outside the church monthly. 

2. We organize a monthly prayer conference to intercede and spiritually empower members who were facing numerous challenges in life, and to provide moral support as necessary. 



3. Organizing Evangelical and outreach programs were held to reach out to the community. 

4. The church also distributed food hampers to less privileged members of the community to celebrate the festive period 

## **RISK MANAGEMENT** 

The Trustees have conducted a review of the major risk to which the charity is exposed and performs its duty of safeguarding the charity against major risk.  The Trustees review the charity governance, policies, procedures and practices from time to time during their meetings in particular, insurance cover is in place. Appropriate Disclosure and Barring Checks (DBS) supported by regularly reviewed policies are in place for those who work with children and vulnerable adults. Internal control risks are minimized by procedures that are in place to ensure authorization of all transactions and projects. Procedures are in place to ensure the health and safety of volunteers and visitors to the charity. 

## **TRUSTEES’ RESPONSIBILITIES STATEMENT** 

The Trustees are responsible for preparing the Trustees Report and the Financial Statements in accordance with appropriate accounting standards. (United Kingdom Generally Accepted Accounting Practice). Charity law requires the   Trustees to prepare financial statements for each financial year which give a true and fair view of the situation of the charity as of the balance sheet date and of its 

incoming resources and applications of resources for the financial year. In preparing those financial 

statements the Trustees should follow best practices and: 

- Select suitable accounting policies and then apply them consistently. 

- Observe the methods and principles in the Charities SORP 

- Make judgments and estimates that are reasonable and prudent 

·       Prepare the financial statements on an ongoing basis unless it is inappropriate to presume that the charity will continue on that basis. 

The Trustees are responsible for keeping adequate accounting records that are disclosed with reasonable accuracy. 

At any time, the financial position of the charity enables them to ensure that the financial statement complies with the 2011 Charity 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. 



## **MEMBERS OF THE BOARD OF TRUSTEES** 

Members of the Board of Trustees who served during the year and up to the date of this 

report, are: 

1. OLUSEGUN O AJAYI- CHAIRMAN 

- 2.ABIODUN O AJAYI – MEMBER 

3. VICTORIA A BAKINDE- TREASURER 

In accordance with charity law, as trustees, we certify that: 

So far as we are aware, there is no relevant information of which the charity's accountants are unaware. 

## **Approval** 

This report was approved by the board of Trustees and signed on their behalf by: 

Olusegun Ajayi 

Chairman Board of Trustee. 

Date:  7[th] August 2024 

