ANNUAL REPORT AND FINANCIAL STATEMENT 30 SEPTEMBER, 2025 Christ Chapel International Churches Charity Number 1163756
CHRIST CHAPEL INTERNATIONAL CHURCHES 30 SEPTEMBER 2025 Charity No". 1163756 Trustees: Rev. Mrs. Victoria Joda (Chair Person) Pastor Mike Olorogun Pastor Susan Nwanze Pastor Christine Joda Tokunbo Coker (deceased December 2024) Reglstered Address: 6 Cotswold Gardens Ilford. London IG2 7DW Bankern: National Weslminster Bank PLC Ilford Branch. 50 Ilford Hill Essex. IG12AT
CHRIST CHAPEL INTERNATIONAL CHURCHES, LONDON 30 SEPTEMBER 2025 Thè Trusteès presenl their reporl and financial $18lemenls for the year ended 30 September 2025. All named tiustees seNed throughout the year undèr review except Mr Coker who pa88ed onto Glory in DecembeT 2024. The appDinimenl and rotiremenl ol tws188s are g0Mj by the Charity's Constitution, in whlch trustees 8re also referred to as members of the M8n8gernent Committee. Structure, Governance and Management The Tnjslees are responsib for ensuring that the Charity operates in al•Jnment wllh Its CharItae obJ"e¢lives. as set out in the Conslilution. They also estsblish pdicies and prdu to guide IMpmental)n across appropriate levels of Ihe organisation. Objectives and Policies The Charity's main objects are.. al The advarK8ment of the Christian Faith b) The felief of sickness and preseNalion and protection of physical and mental heallh. c} The thanitmenl of Education Develo¥*nent. Activities and Achievements The Trustees are fulty aware of their responslbllltles and consider Ihe Charity's performance over the past year to be sabsfaclory and aligned wilh ils vision an(1 mission. A detsiled account is provided in the attached report. Financial Review & Risk Management The Trustees are fully aware of their responsibilities. including establishing a reserves policy, Identifying potenllal risks to tho Charlly, and ensurlng Ils abillty lo meet contractual and statutory obligations. Appropriate controls hav& been put In place to martage Ihese risks.
Statement of Trustees, Re8pon8lbllltles The Twslees are requwEd under Ihe Chavilies Ad 201110 piep8re fin8ncial slalgments lor ead) financial year th81 give a true arKI fair of the affairs of I Charty a1 ils financial that pgmd. In waparing these financial stalemgnts. th9 Truslees are gxpeded to". Seled and ath SLNtabl8 accrn11r¥j FdKies Cor151ety. Make reasonat4e and prudent jutsments arKI &8tsmates; Folbow awlicae accounting stsndards, sutrty'8ct to any matsrial departurgs wthich must LE disdosed and explained in Ihe financial 5talements.' Prepare the fina4a statèrrEnts on a going coneem bask8. unless it inappropriate tr) assurr* that the Charity wil continue in DratiOn. The Trustees are 4$0 r8sw)sible for. Keen9 proper accounling rec¢yds that disclose, 7Mth reasonat4e a(xurw at any time, the finanaal posibon of Ihe Charity and t(¥n wilh reknnt legislabon and regulations,. Saleguarding Ihe ats of the Charity: TakiThJ reag)nai4e steps to prevent 8ThJ detect fraud and other irregjlaribes. This ferxyi is apwoved by Trustee5 aThJ shjned on thèir behaf.
REPORT OF THE INDEPENDENT EXAMINER TO THE MEMBERS OF CHRIST CHAPEL INTERNATIONAL CHURCHES, LONDON Re: FINAL ACCOUNTS FOR THE YEAR TO 30 SEPTEMBER 2025 I h8ve examined tr aixwnls ol Christ Ch8pel IntemalnèI Churches for the year ende 30 Seplembef 2025. My responsibility is lo cary oul an Independent okimlnation of the accounts in &Yordanc8 1b the Charitses Ad 2011 and lo rep(Kt my finthwvjs ) th8 Management Commrttee. This gxaminalion Was QJnd¥ed with(xJi the nwj lo perfomi a full ststulory audil. It inthded a review of the ac£tunkn"ng rerdS maintained by the Chanty arMI a C¥)mpariS of Ihe OLts tKesented with those records. Responsibilitles of the Management Committee The Managernent Commrttee is responsible for the preparatr•n of the fina statements and for maintaining proper accounting recLYds that disck)se, reasonable xcuracy at any time, the finantial posib of th8 Charity. They must enswe that the financial statements cFlY wlh the rUl[eMents of S8ckn 43(7) (b) ofthe Charilies Ad 2011. In addition, the cMIttee is resrx)nsiUe frK s8fegLwding the assets of the Charity and for taking TeasonatAe steps lo prevenl and detect fraud. errc. or other irregLbLqrities. Independent Examinerfs Statement In the ¢CMJrse of my examinati, no matter ha5 Lyme to my attention Ihat woukl give me Teasonable (8use to bekve ihat. Ni ary material respecL" 1.Proper accountyig r6wrds t bwi kepl in adance with Se(aw)n 130 of the Charities Ad 2011,. 2.The financial stslements do not agree wth the accx)unting IOrdS or fail to compty wtth applble acowntiNJ rUreMents., or 3.There is any matter that shtyJhJ be brought to your attention to ensur9 a propr uNlerstaThJ"ng of the fin8rtbal slatemonts. Michael Ajibade Chartered Accountsnt
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 202J 2024 Offering & filhes 113.637 117,329 Charitable Giving 5.850 3,985 Interest 6.039 INCOhAE Expenses Incurred Rent 18,489 19.089 Pastoral Allowances 42.000 42.000 Seminarslcamp meelir 2.655 Consultsncy and Prof fees 6,000 7.000 Church Expenses 1.251 8.241 Storage 6,528 5.871 ConsumateS 1,041 1,997 Benevolence and Donations 6,000 480
219 187 3,757 441 441 kCfi• 615 TOTAL Exiw 21.495 19,334 F$ fomard 36,T50 21A95
BALANCE SHEET AS AT 70TH Sèptember 2025 2025 2024 Taryible Asse15 1,471 1.912 Current Assets Bank and Cash Balances 568.101 491.867 Less CreditNs due within 1 year 1.471 1.074 Total Assets 568,101 492.705 REPRESENTED BY Savings Accwnts 531.351 470.760 Unretri(tsd Fund BalanCS 36,750 21.945 These Financi81 Ststements together with Ihe Th)18s lo tho aLxounts were appioved by Ihe Board of TrLEStees and signed on their behalf on the 7th of Juty 2025. Namo of Tfustse: Re . .) Vlctoria Joda SSgned: Name of r Mike Ok)rogun Slgngd:
CHRIST CHAPEL INTERNATIONAL CHURCHES, LONDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 (1) Accounting Pollcies {al These finanual statements have been prepared under the histon"c81 cost twtvention and in a¢xordarts apaTre &uunling slaThlards aThJ the statements ot recomrtwded ac(xxtnting wactice. (bl Incoming Resources are the aTrunts deriv8d fftmn th8 chaiitabJ8 &tivilies of the charity. (2) Incoming Resources AJI incoming resources are tndthjed in the StslenEnt of Fnan(ial Activilies when the Chanty Is legalty entit18d lo the ir#))rr. These whJe tith, offerirvJs, and donat#)ns. (3) Tanglble Fixed Assets Tangib fixed assets are hehj for use by the Chwity in fijrtherancfy of its chaiTiatrAe obj'ecaives. Assets are capitslwl where ts irthidual o)st exc*eds £5. Deweciation is provided as follows." Fixtures & FittiThJs & Equyiienl 20% reducirKJ balance method N•t Book Value: Fixtures. Fith'ngs & Equipment £1,471 (4) Credltors falling due wlthln 1 year Professional Fees & h£oals- £1.471
15) Trust••• and r•l•t•d party n8CtIonS 161 Revenue Res•rve Pollcy ccic