## **Trustees’ Annual Report for the period** ## **From 01/02/2024 Period start date To 31/01/2025 Period end date** ## **Charity name: Covenant Christian Centre UK** ## **Charity registration number: 1162764** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governingdocument|Para 1.17|The objective of the church is to advance the
Christian faith in accordance with its statement
of beliefs.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|•
Conducting regular services on Sundays
and mid-week open to the public.
•
The charity opened 2 new branches
during the year to carry out more of its
activities.
•
Developing trust and faith in Christ
through teachings from the bible.
•
Cultivate an atmosphere of worship with
vibrant music
•
Providing pastoral care which includes
visiting the sick, catering to the needs
of the less privileged and poor,
conducting ceremonies for newly born
etc
•
Marriage Counselling to support couples
•
Creating a fun and interactive Sunday
School for children, weekly
•
Community outreach programmes at
Christmas on the streets at the Catford
community centre.
•
Giving out food, provision and materials
to less privileged members of the
community.
•
Setting up homogenous groups (men,
women,entrepreneurs,authors,| |||healthcare) for more sharing, counselling
and prayers among groups of members
with common interests.
•
Organising Summer family fete for
families and children.
•
Bus services from around greater London
to transport families especially to attend
services.
•
Supporting Youth Development by
holding development classes every
Sunday and prayer meetings every
Tuesday.
•
Hosting the London summer word camp-
an annual teaching conference that sees
attendance from all over the UK for
teaching and spiritual wellbeing and
upliftment.| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|•
Holding worship and teaching sessions
every Sunday
•
Holding teaching sessions every
Wednesday
•
Holding prayer meetings every Monday
evening and Saturday mornings.
•
Setting up cell groups for more intimate
sharing, counselling and prayers
•
Weekend away retreat for church
members
•
Broadcasts via YouTube and social media
videos.
•
Holding an open love feast and games
session for members and their families in
the summer.
•
The church held its annual word camp in
the summer where all the branches came
together to partake of teaching, worship
and interaction sessions.
•
The end of 2024 was filled with Christmas
celebrations, love feasts and prayers into
the new year.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set |Investment performance
against objectives|Para 1.41|| |---|---|---| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The financial position of the church shows
that we are in line with our reserves policy
which is to have at least 3 months of our
expenditure.| |Statement explaining the
policy for holding reserves
statingwhytheyare held|Para 1.22|It is the church’s policy to hold reserves of
up to 6 months of the charity’s overheads.| |Amount of reserves held|Para 1.22|£39,986| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| |Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23|Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23|| |---|---|---| |**Additional information (optional)**
You may choose to include further statements||where relevant about:| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The church’s primary source of funds is
through offering and donations from
members.| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed,royal charter)|Para 1.25|Constitution dated 21 July 2015| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Charitable Incorporated Organisation by
Association| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointed by current trustees.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charityname|Covenant Christian Centre UK| |---|---| |Other name the charityuses|Covenant Christian Centre| |Registered charitynumber|1162764| |Charity’s principal address|25 Merewood Road
Bromley
BR1 2AN| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Uvie Brigue|||| ||Jeannette Kouassi|||| ||Ibiyemi Ifederu|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## Corporate trustees – names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how these falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Uvie Brigue|| ||
Pastor|| ||25/11/2025|| ||25/11/2025|| ## **Covenant Christian Centre UK** **Charity No. 1162764** **Company No.** ## **Trustees' Report and Unaudited Accounts** **31 January 2025** **Covenant Christian Centre UK Contents** ||Pages|| |---|---|---| |Trustees' Annual Report|2 to 3|| |Independent Examiner's Report||4| |Statement of Financial Activities||5| |Summary Income and Expenditure Account||6| |Balance Sheet||7| |Statement of Cash flows||8| |Notes to the Accounts|9 to|14| |Detailed Statement of Financial Activities|15 to|16| Page 1 **Covenant Christian Centre UK Trustees Annual Report** The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 January 2025. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No.** ## **Charity No. 1162764** ## **Registered Office** 25 Merewood Close Bromley BR1 2AN ## **Directors and Trustees** The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year: I. Ifederu J. Kouassi ## **Company Secretary** U. Brigue ## **Accountants** Abbot Accounting Limited The Bridge Nucleus Brunel Way Dartford Kent DA1 5GA ## **OBJECTIVES AND ACTIVITIES** The objective of the church is to advance the Christian faith in accordance with its statement The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Signed on behalf of the board U. Brigue Page 2 **Covenant Christian Centre UK Trustees Annual Report** Company Secretary 31 January 2025 Page 3 **Covenant Christian Centre UK Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Covenant Christian Centre UK** I report to the charity trustees on my examination of the financial statements of Covenant Christian Centre UK for the year ended 31 January 2025. ## **Responsibilities and basis of report** As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act. Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe: - accounting records were kept in accordance with section 386 of the 2006 Act - the financial statements are in accordance with those records - the financial statements have been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns 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 understanding of the financial statements to be reached. Mrs Tiwalola Balogun Association of Chartered Certified Accountants Abbot Accounting Limited The Bridge Nucleus Brunel Way Dartford Kent DA1 5GA 31 January 2025 Page 4 **Covenant Christian Centre UK Statement of Financial Activities** ## **for the year ended 31 January 2025** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Other trading activities
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net (expenditure)/income**
Transfers between funds
**Net (expenditure)/income**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
588,178
120|**Total funds**
**2025**
**£**
588,178
120|**Total funds**
**2024**
**£**
471,404
-| |---|---|---|---| ||588,298
1,000
669,737|588,298
1,000
669,737|471,404
-
430,392| ||670,737
-|670,737
-|430,392
-| ||(82,439)
-|(82,439)
-|41,012
-| ||(82,439)|(82,439)|41,012| ||(82,439)
128,211|(82,439)
128,211|41,012
87,199| ||45,772|45,772|128,211| Page 5 **Covenant Christian Centre UK Summary Income and Expenditure Account for the year ended 31 January 2025** |Income
**Gross income for the year**
Expenditure
**Total expenditure for the year**
Net (expenditure)/income before tax
for the year
**Net (expenditure )/income for the year**|**2025**
**£**
588,298
588,298
670,737
670,737
(82,439)
(82,439)|**2024**
**£**
471,404| |---|---|---| |||471,404| |||430,392| |||430,392| |||41,012| |||41,012| Page 6 **Covenant Christian Centre UK Balance Sheet** ## **at 31 January 2025** |**at 31 January 2025**|| |---|---| |**Company No.**
**Notes**
**2025**
**£**
**Current assets**
Debtors
9
5,786
Cash at bank and in hand
39,986
45,772
**Net current assets**
45,772
**Total assets less current liabilities**
45,772
**Net assets excluding pension asset or liability**
45,772
**Total net assets**
45,772
**The funds of the charity**
**Restricted funds**
10
**Unrestricted funds**
10
General funds
(82,439)
Designated funds
128,211
45,772
**Reserves**
10
**Total funds**
45,772|**2024**
**£**
-
128,211| ||128,211| ||128,211
128,211| ||128,211| ||128,211| ||-
128,211| ||128,211| ||128,211| These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 31 January 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 31 January 2025 And signed on its behalf by: I. Ifederu Trustee 31 January 2025 Page 7 **Covenant Christian Centre UK Statement of Cash flows for the year ended 31 January 2025** |**Cash flows from operating activities**
**Net (expenditure)/income per Statement of Financial Activities**
**Adjustments for:**
Increase in trade and other receivables
**Net cash (used in)/provided by operating activities**
**Net cash from investing activities**
**Net cash from financing activities**
**Net (decrease)/increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2025**
**£**
(82,439)
(5,786)
(88,225)
-
-
(88,225)
128,211
39,986
39,986
39,986|**2024**
**£**
41,012
-| |---|---|---| |||41,012| |||-| |||| |||-| |||| |||41,012| |||87,199| |||128,211| |||| |||128,211| |||| |||128,211| Page 8 **Covenant Christian Centre UK Notes to the Accounts** ## **for the year ended 31 January 2025** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** - Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 9 **Covenant Christian Centre UK Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Page 10 **Covenant Christian Centre UK Notes to the Accounts** ## **Research and development** Expenditure on research and development is written off in the year in which it is incurred. ## **Foreign currencies** Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. ## **Leased assets** Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. ## 2 **Company status** The company is a private company limited by guarantee and consequently does not have share capital. Page 11 **Covenant Christian Centre UK** **Notes to the Accounts** ## 3 **Statement of Financial Activities - prior year** |3
**Statement of Financial Activities - prior year**|||| |---|---|---|---| |**Income and endowments from:**
Donations and legacies
**Total**
**Expenditure on:**
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
5
**Income from other trading activities**|**Unrestricted**
**£**
323,329
264,849
588,178
**Unrestricted**
**£**
120
120|**Unrestricted**
**funds**
**2024**
**£**
471,404
471,404
430,392
430,392
41,012
41,012
41,012
87,199
128,211
**Total**
**2025**
**£**
323,329
264,849
588,178
**Total**
**2025**
**£**
120
120|**Total funds**
**2024**
**£**
471,404| ||||471,404
430,392| ||||430,392| ||||41,012| ||||41,012| ||||41,012
87,199| ||||128,211| ||||**Total**
**2024**
**£**
471,404
-| ||||471,404| ||||**Total**
**2024**
**£**
-| ||||-| Page 12 **Covenant Christian Centre UK Notes to the Accounts** ## 6 **Expenditure on charitable activities** |_Expenditure on charitable_
_activities_
_Governance costs_
7
**Other expenditure**
Employee costs
Motor and travel costs
Premises costs
General administrative costs
Legal and professional costs
8
**Staff costs**
No employee received emoluments in excess of £60,000.
9
**Debtors**
Other debtors|**Unrestricted**
**£**
1,000
1,000
**Unrestricted**
**£**
242,924
32,945
77,102
249,061
65,643
2,062
669,737
**2025**
**£**
5,786
5,786|**Total**
**2025**
**£**
1,000
1,000
**Total**
**2025**
**£**
242,924
32,945
77,102
249,061
65,643
2,062
669,737|**Total**
**2024**
**£**
-| |---|---|---|---| ||||-| ||||**Total**
**2024**
**£**
88,818
16,926
28,674
165,996
76,131
53,847| ||||430,392| ||||**2024**
**£**
-| ||||-| Page 13 **Covenant Christian Centre UK Notes to the Accounts** ## 10 **Movement in funds** |**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Designated funds:**
_Total_
**Total funds**
11 **Analysis of net assets between funds**
Net current assets
12 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**At 1**
**February**
**2024**
-
128,211
128,211
128,211|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
588,298
-
-
588,298
**At 1**
**February**
**2024**
**£**|**Resources**
**expended**
**£**
(670,737)
-
-
(670,737)
**Unrestricted**
**funds**
**£**
45,772
45,772
**Cash flows**
**£**|**At 31**
**January**
**2025**
**£**
(82,439)
128,211| |---|---|---|---|---| |||||128,211| |||||| |||||45,772| |||||**Total**
**£**
45,772| |||||45,772| |||||**At 31**
**January**
**2025**
**£**| |||128,211|(88,225)|39,986| |||128,211
128,211|(88,225)
(88,225)|39,986| |||||39,986| |||||| |13 **Related party disclosures**
**_Controlling party_**||||| The company is limited by guarantee and has no share capital; thus no single party controls the company. Page 14 **Covenant Christian Centre UK Detailed Statement of Financial Activities** ## **for the year ended 31 January 2025** |**Income and endowments from:**
Donations and legacies
Other trading activities
**Total income and endowments**
**Expenditure on:**
Charitable activities
**Total of expenditure on charitable**
**activities**
Other expenditure
Employee costs
Staff training
Staff welfare
Motor and travel costs
Travel and subsistence
Premises costs
Rent
Other premises costs
General administrative costs,
including depreciation and
amortisation
Equipment expensed
Equipment leasing and hire
charges
General insurances
Information and publications
Postage and couriers
Software, IT support and related
costs|**Unrestricted**
**funds**
**2025**
**£**
323,329
264,849
588,178
120
120
588,298
1,000
1,000
1,000
242,924
242,924
-
32,945
32,945
77,102
77,102
2,110
246,951
249,061
11,373
-
528
16,520
2,915
2,198|**Total funds**
**2025**
**£**
323,329
264,849
588,178
120
120
588,298
1,000
1,000
1,000
242,924
242,924
-
32,945
32,945
77,102
77,102
2,110
246,951
249,061
11,373
-
528
16,520
2,915
2,198|**Total funds**
**2024**
**£**
471,404
-| |---|---|---|---| ||||471,404| ||||-| ||||-| ||||471,404
-| ||||-| ||||-
88,818| ||||88,818| ||||99
16,827| ||||16,926| ||||28,674| ||||28,674| ||||165,996
-| ||||165,996| ||||-
23,960
-
13,536
-
2,673| Page 15 ## **Covenant Christian Centre UK** ## **Detailed Statement of Financial Activities** |Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net (expenditure)/income**
**Net (expenditure)/income before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|3,014
911
28,077
107
65,643
920
1,142
2,062
669,737
670,737
-
(82,439)
(82,439)
-
(82,439)
128,211
45,772|3,014
911
28,077
107
65,643
920
1,142
2,062
669,737
670,737
-
(82,439)
(82,439)
-
(82,439)
128,211
45,772|3,174
1,028
31,228
532| |---|---|---|---| ||||76,131| ||||780
53,067| ||||53,847| ||||| ||||430,392| ||||430,392
-| ||||41,012| ||||41,012
-| ||||41,012| ||||87,199| ||||128,211| Page 16 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** |**Report to the**
**trustees/directors/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**
**Independent**
**examiner's statement**||**COVENANT CHRISTIAN CENTRE UK**|**COVENANT CHRISTIAN CENTRE UK**|**COVENANT CHRISTIAN CENTRE UK**|**COVENANT CHRISTIAN CENTRE UK**|| |---|---|---|---|---|---|---| |||||||| |||1stFebruary 2024 to 31stJanuary 2025||||| |||||||**N/A**| |||**Charity no.:**|**1162764**|Company no.:||**N/A**| |||||||| |||||||| |||I report to the charity trustees on my examination of the accounts of the
Company for the year ended 31/01/2025
As the charity’s trustees of the Company (who are also the directors of the
company for the purposes of company law), you are responsible for the
preparation of the accounts in accordance with the requirements of the
Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required
to be audited for this year under Part 16 of the 2006 Act and are eligible for
independent examination, I report in respect of my examination of your
charity’s accounts as carried out under section 145 of the Charities Act 2011
(“the 2011 Act”). In carrying out my examination, I have followed the
Directions given by the Charity Commission (under section 145(5)(b) of the
2011 Act.
The company’s gross income exceeds £250,000 and I am qualified to
undertake the examination by being a qualified member of the Association
of Chartered Certified Accountants.
I have completed my examination. I confirm that no material matters have
come to my attention which gives me cause to believe that:
• accounting records were kept in accordance with section 386 of the
Companies Act 2006
• the accounts do comply with relevant accounting requirements under
section 396 of the Companies Act 2006 and the accounts give a ‘true and
fair’ view which is not a matter considered as part of an independent
examination; or
•the accounts have been prepared in accordance with the Charities SORP
(FRS102).||||| 1 **October 2018** **IER** I have no concerns 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 understanding of the accounts to be reached. - _Please delete the words in the brackets if they do not apply._ **Signed: Date:** 27/11/2025 **Name:** T O Balogun **Relevant professional** Association of Chartered Certified Accountants **qualification(s) or body (if any): Address:** The Bridge Nucleus, Brunel Way Dartford, Kent DA1 5GA ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . 2 **October 2018** **IER**