THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH (A company limited by guarantee) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025 Charity Number: 1162595 Company Number: 08008590 Accountancy Aid 26 Cherry Orchard Road Bromley, Kent. BR2 8NE 020 8462 5832
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2025 Contents Pages Legal and administrative information Report of the trustees 14 Statement of Financial Activities Balance Sheet Notss fonning part of the financial statements Report of the independent examiner 10
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH LEGAL AND ADMINISTRATIVE INFORMATION Trustees at 31$t December 2025 Pastor Adewale .M. Ileladewa Pastor (Mrs.) Christianah Ileladewa Deacon Michael Alade Pastor Sonny Oginni Pastor Sanya Osisanya. 17 Charlton Road Crownhill Plymouth PL6 SEG Charity office Independent Examlner Roger Storey FCMA 26 Cherry Orchard Road Bromley, Kent BR2 8NE
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH REPORT OF THE TRUSTEES The trustees are pleased to present Iheir annual directors, report together with the financial statements of the charity for the year ending 318t Dember 2025 which are also prepared to meet the requirernents for a directors, report and accounts for Companres Act purposes. The financial statements comply with the Charthe8 Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charilies preparing their accounts in accordan with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015). TRUSTEES Appointment of trustees is govemed by the Trust Deed of the charity. The Board of Trustees is authorised lo appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. New trustees undergo an orientation day to brEf them on.. their legal obligations under charity and company law, the Charity Commission guidance on public benefit, and inforni them of the content of the Memorandum and ArticFes of ASsratiOn. the committee and decision-making processes, the business plan and rent financial Perfoman of the charity. During the induction day they meet key employees and other trustees. STRUCTURE, GOVERNANCE AND MANAGEMENT The Overcomers Christian Fellowship is a company limited by guarantee and govemed by its memorandum and articles of association dated 2Ph March 2012 as amended by special resolutions dated 29th March 2015 as amended on 12th July 2020. It is registered as a charity with the Charity Commission. The charty has Committees. which meet periodically and which are responsible for the strategic direction and policy of the charity.
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH REPORT OF THE TRUSTEES- continued RISK REVIEW The trustees conduct periodic reviews of the major risks to which the charity is exposed and systems and procedures to manage those risks identified are implemented so as to minimise any potential impact on charity should any of those risks materialise. RESERVES POLICY The trustees consider the current level of rerVeS is sufficient to cover eventualities as they arise. PUBLIC BENEFIT The charity acknowledges its requirement to demonstrate clearfy that it must have charitable purposes or'aims, that are for the public benefit. The Trustees confirm that they have paid due regard to the Charty Commission guidance on public benefit before deciding what activities the charity should undertake. PRINCIPAL OBJECTIVES AND ACTIVITIES The objects of the charity are set OLrt in the constitution as follows.. To advance the Christian religion by preaching and teaching Christianity, spreading the gospel of Christ, teaching Christianity to children, reaching out to the poor and elderly of the community, counselling and providing assistan for those in need of counselling, and the advancement of education for Christian Ministry. ACHIEVEMENTS AND PERFORMANCE All glory, honour and praises be to the LORD God Almighty for the wonderful things God has done in our midst in the year 2025. The Church Pastorate on behalf of the Board of Trustees would like to express profound gratitude to all the workers, volunteers and members of the Church for their active participation and relenuess effort in meeting the objects'ves set for 2025. The Paslorate of the Church as required carried out the spiritual activities in relation to the counselling and prayers for both members and non- members from the community during the year under review.
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH REPORT OF THE TRUSTEES - continued This has brought immense peace to individual'5 life, families and the communrty at large. Wisitation to memters both at their homes and hospttals" as well as assistance to less privileged members were carried out by the Pastorate. Reports of God's testimonies, signs and wonders in various ways for the glory of God Almighty, such as salvation of souls, recovery from sickness, fruit of the womb, new jobs and promotions, membeffs spiritual growth, n8w property acquisition, stud8nts graduated with excellent resutts, to mention but a view to the glory of God The ChurGh changed the second s8rvice on Sundays to Youth servi and being led by the Youth ministers for their spiritual development. Seminars and conferences held during the year includes.. balancing faith and societal issues,. overcoming marital challenges, living above global end time syndrome, grace filled home, mental well-being,. maintaining good brain health, living a slress-freè lrfe, and art of self-care for women. The Church also commenced a new health initiative of free blood pressure and blood sugar level checks with heatth education and referral support where needed especially among the black mernbers in our Church. This periodic exercise was carried out by the practising G.P and other medical practitioners in the Church. Worker's training and baptismal service were carried out during the year under review. Lightning equipment pur¢hased to improve our live streaming and content delivery. Children Church benefttted from new books and other leaming resources with new chairs purchased by the Church. New sound instruments and microphones purchased for Ihe media department. Our annual responsibilities to the less privileg8d members in our ¢ommunity was fulfilled by presenting donations from the Church members of food items, toiletries and other essential rtems to'shekinah Mission. that caters for the homeless people in our communty. AS part of our wider community participation with other faith leaders. the Church's Pastorate attended rn&etings with both the local police sup8rintendent and the local member of the padiamenl organised by Churches Tog8ther in Plymouth (cfiP). All the programmed events for the year 2025 We successful to the glory of God. We are trusting God for His divine tumaround visitation upon our lives, our community and our country {United Kingdom) in the year 2026. Every blessing. Pastor A.M. Ileladewa. Chaiman - Board of Trustees.
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH REPORT OF THE TRUSTEES • contlnued FINANCIAL REVIEW Total Inoyrt8 In the year was £175.147 (2024 - £148,174) and exp8nd1tt4r8s of £77,594 (2024 - £134.412) glvlng a deficit of £2A47 of for the year <2024 Surplus £13.763). STATEMENT OFTRUSTEES, RESPONSIBILm&8 The tru51668 (who ar8 a180 dlrectors of Tha Overcom8r5 Chrfstlan Fello[p Inl8mational Plymouth for th8 purposes of company law) arg rgsponslble for prepar1 Ihe Report ofth8 Trustees and Ihe finaval ststements In aLxordanco with apt41(xble law 8fKI the United Kingdom ACntIng Standards (Unlted Klngdom Ganerally Accep4 AXlIng Plac). The law appk*trAe to arttses in Eland and Wabs {the Charth85 Act 2011) raqulres the trustees to prep8re ffiandal statements for each finand81 y8ar which give a true and falr of the tharltys ffnand81 athities durlng the year and of ts tlnandal position at lh8 end of Ihe year. In preparing thos8 fmandal statements, the trustees are required to: SoleGt sjitth 8(UntIr¥J pollcres arKI then apply them consistenty Make ludgaments and estlmates that are reasable and prudent Stats whetsr appllcablfr a¢untIng 8kndard5 hm been foll(Aved, subject to any malerfal departures dlsdotsd and explalned in the finanaai 5taternonts Prepare tha flnwKatil ststements tho gofrq conc4m basis unl8s8 M is inapproprfate to KYesum8 that ttrK9 charity wryll conllnue in the buslnes8. The Trustees are respokn18 for keep ryoper accounting reords wlx disd08e wlth reasonabl8 acraCY at any time the finarla1 position of the charity and to enatAe It to ensure th81 the finanoal statements nPlY with Companies Act 2006.They are also responsibl8 for 8afeguardlng the assets of the charty and henc4 taking re8sonable steps forthe [reVtion arKI detection of fraud and Irregularl5. This report was approved by the truste88 on 06- 03. XD26 And signed on th6ir behalf - Ray MkhadIleladewa TnJ8tee
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2025 Notes 2025 2024 INCOMING RESOURCES Tithes and offerings received Gift aid claimable Bank interest received Total incoming resources 141,586 119,363 33,141 28,648 420 163 175,147 148,174 RESOURCES EXPENDED Church expenditu Management and administration Total resources exp•nded 173.221 129,149 4,373 5.263 177 594 134 412 Surplus {Deficit) for th• year NET MOVEMENT IN FUNDS FOR THE YEAR Total funds bought forward - unrestricted Total funds carrled forward - unrnstricted 257.211 243 448 254 764 257.211 The notés form part of these financial statements
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH BALANCE SHEET AT 31ST DECEMBER 2025 2024 Fixed assets Land and plop Gallery renoval 152,871 152.871 220.366 220.366 Current assets Debtors PAYE pald Cash at bank and in haTKI Epworth fnvastsnent 33.141 3.611 3,000 39,881 10295 Crndlt¢rs". amounts falllng du• wlthin one y•ar 41.943 4.283 5,098 Not cuTrnt assats Total a88•ts1•8s current Habllllles 257 Cfedltors: amounts falllng du• after mwe than one year 1,200 NEf ASSErs 2x784 257.211 Unr8StriGted fund8 brojght forward Surplus (Defidt) for the y8ar 257.211 243.448 13,763 257211 254.764 For th¥ 311t Darer 2)25 lh• rxrywry •x•mp)n kn •AIt SIL 477 rrftr C<ryn kt20 Thè mgTnber8 rot rwthRdthe(mpany b) olain lorbl• y•arln quwikn toth• 8ndl Tntstee
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2025 Accounting policles Basls of re aratlon of Financlal Statements The financial statements of the charty, 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 Practi applicable to charities preparing their accounts in accordan wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015),, 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. Reco nition of Incomin Resources Income from donations is included in incoming resources when these are receivable, exp1 as follows: When donors specify they musl be used in future accounting periods, the income is defeed until those periods., When donors impose conditions to be fulfilled before the churth becomes entitled to use such income, the income is deferred until the pre-corKlitions have been met. ReSoUrS ex ended ReSoUrS expended are recognised in the period in whith they are incurred. Resources expended include attributable VAT which cannot be recovered. Tan ible assets and de reciation Tangible fixed assets are stated at cosl less depreciation. Depreciation is provided so as to wrrte off the cost of an asset, less any estimated residual value, over the useful life of that asset as follows: Music equipment 20% slraight line method; Buildings OQ Unrestricted funds Unrestricted funds can be used in accordan wilh the charitable objects at the discretion of the Trustees Restricted funds are for future expenditure on a building surtable for the activrties of the church.
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH NOTES TO THE FINANCIAL STATEMENTS- continued Charitable Expenditure 2025 2024 Pastorfs stipend Honorarium and stipend Insurance Event expenses Salaries Repairs and Renewals Rates Donations, subscriptions and gifts Telephone Printing post and stationery Website and computer costs Professional fees Travel Bank charges Other direct charitable expenses Pension payments Accountancy fees 17,350 7,490 396 17,299 100,846 9,058 3,941 1,187 1,058 388 1,445 991 720 277 8.176 2.599 4,373 17,500 1,355 71,729 3,835 1,756 416 1.649 752 793 269 27,220 1,875 5.263 177 594 134.412
THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH NOTES TO THE FINANCIAL STATEMENTS- continued Tanglble fixed as¥ets Gallery Renovation Building Total COST At 1¥t January 2025 Additions At 31st December 2025 67.494 152.871 220,365 67.494 152,871 220,365 DEPRECIATION At 1st January 2025 Charge for year At 31$1 December 2025 NET BOOK VALUE At 31st December 2025 At 31st December 2024 67,494 67,494 152,871 152,871 220,365 220,365 Creditors: amounts falling due within one year 2025 2024 Sundry creditor PAYE due 4,283 4,578 520 5,098 4,283 Credltors: amounts falling due after more than one year 2025 2024 Gallery Loan - Pastor Mike 1,200 Average number of persons employed by the company during the year was 6 (2024". 6)
10 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE OVERCOMERS CHRISTIAN FELLOWSHIP INTERNATIONAL PLYMOUTH I report to the trustees on my examination of the accounts of the charity (charity number 1162595) for the year erNJed 31st Drnber 2025. RESPONSIBILITIES AND BASIS OF REPORT I report to the trustees on my examination of the accounts of the at)ove charity (Xhe Trust") for the year ended 3181 December 2025. As the charity's trustees, you a responsible for the preparation of the accourrts in accordan with the requirements of the Charities Act 2011 ('%he Acr). I report in respect of rny examination of the Trust's accoijnts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charty Commission under section 145(5)(b) of the Act. BASIS OF THE INDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordan with section 130 of the Charities Act. or the accounts did not accord with the accouming records,. or the accounts did not comply with the applicable requirements concerning the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper urKlerslanding of the accounts to be reached. Rachael Millard - For Accounlancy Aid 26 Cherry Orchard Road, Bromley, Kent. BR2 8NE Date..