CHRIST LADDER MINISTRIES
TRUSTEES REPORT AND ACCOUNTS
31" DECEMBER 2024
X-star Management Services Limited
CHRIST LADDER MINISTRIES
Flat 48 G•yhurst
Hopwood Road
London SEI 72BL

CHRI.5T LADDER MINisfiuES
REPORT OFTHE TRUSTLES FOR THE YEAR ENDED31
DECEMBER 2024.
Thc Irustce5 of ihc chaTily pfE5eiit their report wilh ihe financial Stslcw￿nts
ST
of the charity for thc ycar 31 tkc¢mlKr 20?4. Thc trustees have
adopted the PT0ViSi￿ ofthe Sthtement of Recommendcd PrdctiLC ISIIRPI
'A¢counting and Rcix)rting by Charities. tSSULxI in March ?005.
REFERENCE AND ADMINISTRATIVE DETAIIS
Regislered Ch*rily Nwmber
I163￿3
Registe￿￿ offwe
C'HRIST LADDER MINISTRIES
Flat 4
Ciayhursl
HOpW￿xl Road
London
S117 2BL
Trujltts
Pa¥lor Franci> OlwTh)sun
Pusior ()luwJkkmi Onabani)
P)%lor ()luwatoyin Adercle
Mr Vicior UguEJdi
Pa>lor11gbuiunde AdLdil)u
Evnn8cli%i Juliona (>bDundipc
Mr JidL Abudu AldLjuyigbc
Truslce
TN51¢¢
Trnslcc Ichaimiun)
Trnslee
Independent Lxsminers
x-.siar Managemeni SeTvice5 LiMi￿d
51 Saxvillc Road
Orpingl()n. K¢nt
BR5 3AN
Bankers
Natiibnal Wc41sninslLr Bdnk
2 GrL'Lnwi¥li ChurLh Strccl
L()nth)n
SE109BQ

STRIIC.TURE. GOVERNANCE AND MANAGEMEiYr
Governfftty% document
Th¢ charily is controlled by its governing dLKument. Ihc Con51i¢ution JT)d constiiuies
a Charity. &s defined by tk Clwities Act 2011.
Membership of trustee board.
The trnstees ofthe charity arc also voluntsry tsu￿e¢S for the purp)ses of charity law
and undLr the chariiy's Conslltution arc kTh)wn as mcmbus of ihe Trnslees Ilodrd.
Induction training of iThsttt
All tru8tLes famfftliar with the practiL71 work of the ch￿￿h and hav¢ undertaken
trnining lo %upport thLir rolc.
Or%anisationAI SIr￿Cture
Thc Tru8lcc Board mee1% quarferly and a quarterly branch fcedback reporf 1% giiven al
each mLLling. ThL Branch Pas'lor has ihL" reswn5ibtlity for day to day op¢rdtion41
management of thL Lhiirch suppon¢d by thL A*4i%lant Pa4lor ¢l¢¢i¢d by Ihe branLh.
Risk mgn&gement
The TruslLCS have a duly lo i(knlify Jnd reviciN' the riskb lo ￿.hILh lh¢ charity is
¢xwscd and io Ln%urc appropri*i¢ ¢ontrols arc in placc lo provide r¢asonable
a4%uran¢L again%i fraud and Lrror.
IntLrtial control risks are minimised by ihc Implemcnwii￿j of Proccdures for
auiliori.%ation of all irJnsa¢iions and PTOjL*l& Pr<KLxlurL'S and risk a￿>sments 4fL' in
plaLe to ensure compliance with Health a￿1 Safcty of volunleers: membern: children.
and vi%itors to thc churLh.
OIULCI'IVE.S AWD AC."fiviTI*:S
The charily's obj¢cts aTh4 ils prin¢ipal activity were:
To thdvan¢e ihe Christian faiih in accordancc wilh sthtcmcnt ofbcli¢fs appcaring
in thL' SLhLdulcd hcrcto in London and in such oihcr ￿rts of ihc Unit
Kingdom or thc world.
b. To rclicvc pcrsons who are in ¢0Th4ilion5 of Trccd orhards"hip. are clderly or si¢k.
to lrnin Paslopi and io rL.licvL' Ihc distrt%s causcd ihcrL.by in Lonth)n and tsuch
oilicr parls of thc UniiLYI Kingdom or ihL world.
To promote Jnd fulfil %uch oikr charitablc purp)sc% bcncficial io ihc
community in London and in s￿h other parts of IIK United Kingdom or ihc
world.

AC.'HIEVEMENTS
2024 AchievemeDts
a) Wc wcrc ablc io reach out to many pcoplc on Faccbwk and YouTub¢.
bl Wc Managed to caTry Iwr yiKtth along arml enlighten thcm abDui ihc evil ofbcing a gJng
mcwnbcr
c) Wc wcrc ablc io SUPPOrt membe¥s with food using the church f(KKllK￿k.
d) Wc did suppon singl¢ parcnis who nccdcd counsclling.
c) Wc urgani1￿￿ s¥min#ra for wuinL'n t4) hL.Ip willi rainily K*wii%ibilili¢%.
l) Wc rnemb¢Ys Out for ￿la) gathering% allowing dilT¢T¢nl Luliurc% to m¢ei and %hare
cxpertcnccs
202$ Expe¢¢ations
I We will further 4uppr)rt %¢rtgle in ihe Lhurch and ihe commuftity.
bl Wc have decidcd io organi7¢ ihre¢ women wminars thi4 yrar. We have doJK one already.
c) Wc inlcnd io irnv¢l out%idc on a day trip kn Ouisidc Lonth)n.
d) WL are pl#inning to invitc youih frDm thilwr'?* chuTche% Io WOTk with our youth.
) WL have bought thblL Icnni% for men dnd womLn lo sucializ¢ un WCLkend
()ur womLn arc coming logcihcr la i¢ach caLh Ot￿r how io prL'parc diffcrcnt ty￿% or
food.
8) L hri81 Ldddcr Minislrics undcrtLxth ￿VernI aclivili¢5 in i1￿ ycar 2024 whiLh by ihc (irdcc
ofciud iumlxl ()ui to IK. a ycal %uccc&%. S¢)mL of our ￿hlEy￿M¢nL% WLfL' in tlic arLu% or
Youth M¥nli)ring.. Fttmily menli)rins bDih %pirilually. mJl¢Tially. cmotionally. and
mciitally will Loiilinue
l?) ThL Lharily JblL tv sup￿￿1 In f¢Lxling ihc privilLgLd in LB ofsuuihwark. The
harily Lvnlribulixl ¢lothc%. fixxl and oihcr ￿nll￿d and iiem% Ihal c()uld k bcnLfiLial
to individuals in ikn ¢hurch and t￿. wid¢r community.
"INANC."IAL, Rfr:VILW
Finxnci*l Perfom4n¢e: Tr r¢wlt$ of ihe year showed a deficit of £14,554 *9
dcpiclcd in ihL %talcnKnl ur rina￿la1 aclivilie% and ihL" nolc% ihcrcin. Alihough the
charity made a net expcndiiurc. the resc￿ for the prcviow% year enough lo cover
that and ihercfore thc charity was ablc lo achievc all thc tsrg¢ts.
ThL deticil is cxplainLknd by thc ￿ntInued cffcds of ihe cost of living crisis in ihc
country. Sincc the Lhurch r¢ll￿ti on ihL frc¢will gyivinu by ¢h¢ mcnibcts. il is obvious
that thc impact it has on families and indii'iduttl.s will be tran%fcrred to thc finllneial
posilion ofih¢ ¢hurch.

Ruerves polity
The tnJst(*s review the reserves of the chariiy 3nn￿llY #nd *knowledged that ihe
level of funding at present will pul t1￿ Church in a pJsili(yn wkre li has io dig deeper
into its" re&erves. However. when we eotLsider the gr0￿h in Thum￿r5 and don*ion
rccLipl% p()licy implctnented rceommendcd in ihe irnSiL*. FM)ard. Ihe Iru%tLY.s are
confident that the church should be in a wsition to 5uslain ilsclf mor¢ ¢￿￿liVe]Y.
It i% the tnJ51ees' poliLy lo generally maintain rcseTves at a low levcl and tc) apply
donation Tr¢cipts to funding its activities. In light ofthe income gcncrated ihctrustccs
on%idLr lh¢ balancc ofihe U￿rL￿trICied funds to be ￿li￿raLlory in meeling the church
obligations slK)uld potential liabililies arise.
PTiffj¢ip*I fundinz sourt
At prcsenl the majority of ihc church'5 funding continu¢% lo ¢omc from lh¢ tithes and
collection of alms and the S￿la1 app￿1 for priority nccds.
AnuihLf 5uurec of fundAng has b￿n gi(t aid rcvcp&ions fr(>m th¢ HMRC in rcspcet
of donation% reLeivcd.
FIITIIRF. DF.VF.I.OPMENTS:
To bring mor¢ youth to Christ by Working with them ilwough Saiurdays coaching in English
and Mathematics.
To r¢con¢ile disputes between couplcs by visiliTbg mo¥¢ families.
To ¢vong¢lisc and hclp homcless FKx>ple in ih¢ Community
To organi8c brake faq ON¢ a monih for le&¥ privile8c pcople in our community
To f￿￿5 mor¢ on how lo visii ihc prison and pray wilh PLX)plc and cncournge them.

STATF.MENT OFTRUSTEES RESPONSIBII.ITIF.S
Thc Irusiees ate rthponsible for prcparing the financial ￿teMentS in accordance
with appliLablc law and Uniicd Kingdom Generally AccciALThd Accounting Practice
(UK GAAP).
Charily law requirL's tIK' truslees lo prepare finanLial statcmcnts for cach financial
ycar. Undcr that law ihc Irustccs hav¢ ¢lccted io prep&L the financial siatcmL'nts in
aLLordanLL wilh ik. UnitL.d Kingdom GkThrnlly AcccNcd Accvunling PTaLlice
(United Kingdom Accounting Stsndard5 and applicabl¢ law). Tr financial
slalemenls are required by law io give a true and fair view of ihe slate ofalTaiTh of
the charitablc company and of ihe Surplus or deficil of the charitable company lor
tl)at period. In preparing those financial stalcmcnts, thc arc r¢qui￿d io".
SclLCt suithblc accounting policics and ih¢n apply ihem consislcntly.
MakL judgcmcnls and cslillJal¢s ikni are reasonable and prndcnl.
PreparL the fInar￿la1 4alcmcnls on ihc going COJ*Lm basi% unle88 it iy
inapproprialL lo preiumc ihai ihL Lhariiable CoM￿nY will L<)r)linuc in
business.
Thi Inis1¢¢5 ire res￿}nsIble for kccping prop¢r ￿coUntIng record% which di.￿10￿¢
willi ￿￿￿onabl¢ JiLurJLy at any limL ihc financial p(V•ilion of IhL LharitablL
company and to cnablc ihem io Cnsure that the financial slatcmcnls comply wilh the
Charitic% ALI 2011. Thcy ar¥. also TcsponsiblL for safcguarding Ihc of il
charity and hcncc for laking ffLsonablc steps for prcvenlion and dcteciion of
frdud and othLr irrL%ularilic
STAI'kMENT AS TO DISCLOSURL OTr INTrORMATION I'O
INDEPTr.NDF.N'f LXAMlh'ERS
80 lar a% thc iru51c¢s arc awarc. thcrc 15 no rcl¢vani infomialion of which the
Lharity s indLpcndent Lxamin¢pi arc unaware. and Lalh iruqcL ha% thkLn all ihc
5fcps ihal ih¢y oubhi to havc iak¢n as a I￿51CC in ordcr lo make them awarc of any
xamitkition inforniation and to e%iablish thai ihc ch4rily's indcpLndcnl ¢Xominers
arc aware of ihat infornwtion.
INDEPEIYDF.NT EXAMINERS
Th¢ indLpcndent cxamineN X-star Manag¢nwni Serviccs Limiicd, will E
pr()p￿Sed for re-appoinlm¢nt ai ihe forthcomsng Annual Gene￿] Mcding.
ON BF.11A1.F OF TFIE BOARD:
Name: Pastor Oluwatoyin Aderele
C".h4irman
Date 2510412025

INDEPENDENT EXAMINER'S REPORT
TO THE TRusfEES OF CHR15f LADDER MINISTRIES.
This re￿rt is made sclety lo the Chwth CtwwKI (fwskns) in *ilh SocJ*)n 145 ofthe Charitles
Ad 2011. My work h•6 50 Ihat we nyght $1* to dwrity's IIKW nwIt0￿ TA•
8m r8quired to stale Ihem in an I￿￿Fend￿l ExamFWs wwt gnd Th)other tAJfFXJSe. To ￿ tulknt
extent permitted by ￿. we donol a(trpt reSP￿￿￿￿ty lo anyt￿ Ihan Ihe Chwch and
the Churth's trustee5 for eyarmth
The Churth's trus*es are resF•Jnth l)r the wepar8trm ofth8 Thvjf ccfftsider Ihal an a￿lItI8
not required Ihi5 year lurmjer 144 ofthe Charlies Act 2011 (the CIwilt￿ P&tll that an
It Is oui respon5itMlity b..
To lollowlhe prctethjres h) the t)ireciws ￿ ly/ Ihe Ch*lty Commls
(under 14515Xbl of th¢ Ch*itss Ac41.' and
8481• of Inde￿nd•￿ Examln•rf$ r•p(xl
Our examinalKJn was (*rr￿￿ oul in &LXxd8￿8￿Ikn Ihe G¢rml by Ihg ChHr*y
An exwnin81Th i￿￿d$S • ra¥iv•J ol Ihj x(4￿11&r¥U fecryd8 kepl by Ihe Chw¢h 8ThJ a rx*bW8IiF￿n of th
a¢￿untS pr￿nIed vAth lkne rncx)rds. 11 al￿ irt4udes wigidgr8llL￿ cd any unusual Ilwn$ cy dWxuw•8 h)
the accoun15. ornj seekng 8XFAanation5 IrDm as ￿$1¥￿S ￿Y mgtter5.
con$equenty ￿ opwiTh is 8$ lo wh8th8r the wesenl g'ln* ¥lw ond the rewt18
Ilmil￿ lo Ihoae matters Set th? slaknment bekmf.
Ind•pend•nt Examin•rt *l•tsm•nt
• kn k88p •(xwnI1￿ ￿0)rdS in •lxxxd￿ *ilh SeelTh 130 of Ih8ChariknsAd: a)d
requirgments of Chwiim P4
Have not t*¢n or
2. To whth. C￿￿)n, atterikn bg drawn n owdttr a pw u**rstgnding oflho
au*&unls to be re8cl￿d.
EMMANUEL NTLM. M8¢. A¢CA
53 Saxviife Road
Orpingtm. K•rt
BR5 3AN

CHR15T LADDER MINISTRIES
STATEMENT OF F114A14CIALACTMTIES
FOR ACCOU14TS PERIOD ENDED 31ST DECEMBER 2024
NOTE GENERAL RESTRIrn IOTAL TOTAL
INCOMING RESOUR
Voluntary Income
Gift Aid Receipts
Other Income
Investment Income
96,091
16,963
96,091
16,963
81,307
29,IX13
43
43
TOTAL
113.097
113JJ97
110310
RESOURCES EXPENDEtr.
CHARITABiE EXPENOITURE;
Bulldint ProJEc15
Management & Admlnlstrations
127,651
127.651
127.651
127.651
186.115
186.115
TOTAL
NET RESOLIRCES EXPENDEtr.
-14.554
-14,554
-75.805
NET MOVEMENTS FUND5
BALANCE BROUGHT FORWARD
l(Kl.947
100.947
NET RESOURCES EXPENSED
DISPOSAL OF ASSETS
TOTAL
-14.554
-14,5S4
176,752
86393
86393
l(Kl,947

CHRIST LADDER MINlSlliiES
BALANLT SHEET AS AT 31st 0£￿MBER 2014
2024
NOTE
NoTrCurrent Asse1&
Tangible FFxed Assets
Investments
Total Non-current Assets
13.261
18,767
13.261
18,767
Current Assets:
Cash at Bank
Debtors
Prepayments IReni Deposltl
Gift Aid Receivable5
Totsl Currenl Assets
12.166
21.215
42.(
54.166
63215
CREDIT(IRS:
Amount falling Due ¥rithln one yeBT'.
Professional Fees
Taxes
Other Creditors
Totsl Current Uat￿lItIeS
699
Net Current Assets
53.467
62,516
NET ￿Er5
66.729
81.283
FUNDS:
Accumulated Funds
Surplus lor the year
81.282
.14,554
157.088
-75.805
81.282
Signed by:.........
Position: Chalrman of Trustees Board
Date: 2510412025

CHRIST LAI)DER MINisfRIES
NOTES TO THE FINANCIAL StATEMENT- 31- DECEMBER 2024
I. ACCOUNTING POUCIÉS
The financial statements have been prepared in accordan￿ with applicable accounting stsndard5 and
the Charities SORP.
The financial statements have been prepared under the historical cost convention except for the
valuation of investment assets, which are shown at market value. The financial statements indude all
transactions, assets and liabiltties for whKh the Church Counc•l is reskN)nsible in law
Re5trKted Funds represents donations or 8rants le￿l¥ed for a specific object or invited by the Church
Council for a Specific objett. The funds may only be expended on the specific objett for which they were
given. Any balance remainin8 unspent at the end of eath year must be carried forward as a balance on
that fund.
Genernl Funds (Unrestrlrted Funds) are general funds whith can be used for Church Counol ordlnafy
purposes.
INCOMING RESOURCES
Collections are reco8nised when made.
Amounts receivable under covenant are ￿Cognised onty whffi honoured by the covenanter.
Income tax recoverable on covenanted or gift aid donations is fecognised when claimable.
Grants and legacies are accounted for as soon as the church council is notified of its entitlement. Funds
raised by the fete and similar events are accounted for grosk
RESOURCES EXPENDED
Grants and donations are accounted for when paid over. Of when awarded. If that èward creates a
bindin8 or constructive obligation on the Church Counal.
Amounts received Specifically for mission are dealt with as restficted funds. All other expenditure is
recognised when it is Incurred and is accounted for 8ross.
FIXED ASSETS
Other fixtures, ffttings and Offi￿ equipment are ststed at cost when incurred.
OEPRECIATIOI4:
Flxtur8s and FitiiTr
4 Y•a￿ Strai￿ bASi8.
Equlp¥Mnt

CHRIST LADDER MINISTRIES
NOTES TOTHE ACCOUN15 FOR THE YEAR ENDED 31st December2024
2024
INCOMING RESIXIRCES
Totsl
Voluntary Income
Tothes & Offerrng
Pledge
Gift Aid Returns
Investment Income
Other Donations
96.091
96.091
81.307
16.963
43
16,963
43
29,(Q3
soo
li0￿10
113,097
113.097
8uildin8 Project:
Sundry Donatlons
TOTAI
113,097
113.097
110.810
In¥estmeTrt Income
Interest, Dividend and Gains
TOTALS
113,097
113,097
110.810
CHRIST LADDER MINISTRIES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3tst Detember 2024

CHRIST LADDER MINISTRIE5
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3tst December 2024
2023
Trtal
3 RESOURCES EXPENDEtr.
14t &
RentlRateslcouncil lax
Wellare
Repairs & Renewals
Music Programs I InstNmentalists/mEdja
Service Charge
Storage
Accountancy
Subscriplion
Insurance (Building & Carl
Stalionery& Postage
Bank Charge5
Adminislralion Cosl
TelephonelFax & Intemet
Utilitie5
Trainin8
Depreclailon
Clèaning
Missionary Expenses
Staff Wages
Taxes
57.866
57.866
49.713
1.930
22.350
7.045
8.286
2.7rAJ
8.286
2.700
789
1.899
155
1.720
2.10)
155
1.720
2.316
587
587
15.449
1,973
1.776
2.149
1,820
2.149
1.820
6,506
10.206
164
31,585
30,(
24,675
io.(
127.651
24,675
io.¢X*)
127.651
186.115
li

CHRIST LADDER MINISTRIES
NOTES TO THE ACCOUPIT5 FOR THE YEAR ÉNDED 31st t*cember 2024
3. TANGIBLE NOKURRENf ASSET&.
Equ￿ Motor V Fwnllure & TOTAL
COSTIVALUATION
Bal a5 at oiloV2024
Addilions
Bal as at 3111212024
16.558 25,023
2.754
44.335
17.558 25.023
2.754
45,335
DEPRECIATION: (Basis- SL 25%)
Balance as ai oil0112024
Charge lor the year
Balance 3$ at 31112n024
16,558
6.256
250
6,256
16.808 12.512
1754
25,568
6,506
32.074
2,754
NET BOOK VALUE
Bal as at 3111212023
Bal as at 3111212024
18.767
750 12.511
18,767
13.261
Bafftk & Cash 8alances:
2024
2023
Natwesl Banklchurch ￿t.)
Investment Account
6.387
5.779
12,166
21,215
21.215
5. Credltofs '. (Amount Fallln8 Due within one yearl
2024
2023
Professional Servlee
Taxes
Other Creditors
699
699
12