Company registration number: 1167814 Charity registration number: 1167814
**ALFA & OMEGA LONDON TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025**
KALOMART & CO ACCOUNTANTS
## **ALFA & OMEGA LONDON Contents**
||**Page**|
|---|---|
|Trustees' Report|1—4|
|Independent Examiner's Report|5|
|Statement of Financial Activities (including Income and Expenditure Account)|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8—12|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities (including Income and Expenditure Account)|13—14|
## **ALFA & OMEGA LONDON Company No. 1167814 Trustees' Report For The Year Ended 30 June 2025**
The trustees present their report and the financial statements for the year ended 30 June 2025.
## **Objectives and Activities**
## **Aims and Objectives**
The Object of the CIO is, for the public benefit, the advancement of the Christian faith in accordance with the Statement of Faith in such ways as the Charity Trustees may from time to time decide.
## **Objectives, strategies and activities**
Alfa & Omega Romanian Pentecostal Church is committed to enabling as many people as possible from the local community to worship at and become part of our church.
There is a large Romanian community in the North West London and we aim to serve it as much as we can. The service is delivered in Romanian but all are welcome to attend and we endeavour to provide one to one interpreting to any guest who wishes to join us in worship but does not speak Romanian.
The Trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. We try to enable ordinary people in our community and neighbouring boroughs, from any denomination and background, to live out their faith through worship and prayer, Bible study, missionary and outreach work. Our church also aims to provide pastoral care to people in the community and reach out to those who are in need, sick or homeless.
## **Significant Activities**
## **Worship and Prayer**
Until March 2020, our church had three worship services per week. We had our morning and evening Sunday services, where people came together to worship, praise the Lord through music and prayers, and listen to the word of God through the sermon delivered by preachers in our church or visiting speakers. There was another prayer service every Thursday evening, when the atmosphere was more contemplative, quiet and intimate. Since June 2021, our church gathers for worship at Kingsbury Green Primary School.
## **Pastoral Care**
Our church used to run the Sunday school every week except on school holidays. Sisters in our church, who are of good character and knowledgeable of the Bible, delivered this service, while one of the trustees, presbyter Iulian Hirtopanu, coordinated it. The children were taught important lessons from the Bible, through games, play and written/video materials. The youth group, also restarted the meetings every Tuesday evening for Bible study and prayer. The young people in our church were encouraged to explore and develop their faith through being part of the church choir, worshipping God through music and singing, and serving others through missionary work. They have also participated in several missionary trips across the UK.
We continued to provide financial help with funeral costs for some members of our church and gave hardship grants to individuals with medical problems.
## **Mission and Evangelism**
We have have collection service every Sunday, no membership fee and sometimes fundraising events. Everyone is encouraged to find their place in the body of Christ, the church, and contribute financially but also with their time and effort. Many have responded to this calling.
## **Additional Note**
From time to time, we may offer grants to other charities who promote the advancement of the faith. We would like to acknowledge the contribution of our many volunteers, who have listened to the calling of our Lord and have selflessly devoted their time and finances to spread the Good News mainly locally, in the UK
## **Achievements and Performance**
Page 1
## **ALFA & OMEGA LONDON Trustees' Report (continued) For The Year Ended 30 June 2025**
## **Main Achievements**
## **Worship and Prayer**
Our church had three worship services per week. We had our morning and evening Sunday services, where people came together to worship, praise the Lord through music and prayers, and listen to the word of God through the sermon delivered by preachers in our church or visiting speakers. There was another prayer service every Wednesday evening, when the atmosphere was more contemplative, quiet and intimate. Since June 2021, our church gathers for worship at Kingsbury Green Primary School.
## **Pastoral Care**
Our church runs the Sunday school every week except on school holidays. Sisters in our church, who are of good character and knowledgeable of the Bible, deliver this service, while one of our community members, Vasile Bejerea, coordinates it. The children are taught important lessons from the Bible, through games, play and written/video materials. The youth group also meets every Tuesday evening for Bible study and prayer. The young people in our church were encouraged to explore and develop their faith through being part of the church choir, worshipping God through music and singing, and serving others through missionary work.
They have also participated in several trips across the UK, where they delivered the Gospel in a practical way, through helping the needy.
We continued to provide financial help with funeral costs for some members of our church and gave hardship grants to individuals with
medical and financial problems.
## **Mission and Evangelism**
We have collection service every Sunday, no membership fee and sometime fundraising events when everyone is encouraged to find their
place in the body of Christ, the church, and contribute financially but also with their time and effort. Many have responded to this calling.
## **Financial Review**
## **Reserves Policy**
It is a policy of Alfa & Omega London to maintain a balance on unrestricted funds of £25,000 if possible, which roughly equates to the yearly lease payments and other church running costs.
## **Reference and Administrative Details**
## **Trustees**
VASILE BUCUR - Chair IULIAN HIRTOPANU
## **Charity Number**
1167814
## **Company Number**
1167814
## **Principal Address**
6 Elmwood Crescent LONDON NW9 0NL
## **Independent Examiner**
M Nsiah KALOMART & CO ACCOUNTANTS Chartered Accountants First Floor 2 Market Place London London SE16 3UQ
Page 2
ALFA & OMEGA LONDON
Trustees. Report {continued)
For The Year Ended 30 June 2025
Page 3
## **ALFA & OMEGA LONDON Trustees' Report (continued) For The Year Ended 30 June 2025**
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
VASILE BUCUR
Trustee 16/06/2026
Page 4
## **ALFA & OMEGA LONDON Independent Examiner's Report to the Trustees of ALFA & OMEGA LONDON For The Year Ended 30 June 2025**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Company (and also its directors 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 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.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not 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 accounts to be reached.
M Nsiah 16/06/2026 KALOMART & CO ACCOUNTANTS Chartered Accountants First Floor 2 Market Place London London SE16 3UQ
Page 5
## **ALFA & OMEGA LONDON Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 June 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities
**4**
Investments
**5**
**EXPENDITURE ON:**
Raising funds
**7**
Charitable activities
**7**
**NET EXPENDITURE BEFORE INVESTMENT LOSSES**
Net losses on investments
**NET EXPENDITURE**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**16**|**2025**
**Unrestricted**
**funds**
**£**
33,607
49,540
-|**2024**
**Unrestricted**
**funds**
**£**
36,586
49,232
198|
|---|---|---|
||83,147|86,016|
||(24,444)
(67,564)|(21,424)
(68,429)|
||(92,008)|(89,853)|
||(8,861)
(736)|(3,837)
-|
||(9,597)|(3,837)|
||(9,597)
25,861|(3,837)
29,698|
||16,264|25,861|
The notes on pages 8 to 12 form part of these financial statements.
Page 6
## **ALFA & OMEGA LONDON Balance Sheet As At 30 June 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**12**
**CURRENT ASSETS**
Debtors
**13**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**14**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**16**|**2025**
**Unrestricted**
**funds**
**£**
1,181|**2024**
**Total**
**funds**
**£**
2,397|
|---|---|---|
||1,181
-
27,260|2,397
15,687
11,674|
||27,260
(12,177)|27,361
(3,897)|
||15,083|23,464|
||16,264|25,861|
||16,264|25,861|
||16,264|25,861|
||16,264|25,861|
For the year ending 30 June 2025 the charitable company was entitled to exemption from audit 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 trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
VASILE BUCUR
Trustee 16/06/2026
The notes on pages 8 to 12 form part of these financial statements.
Page 7
## **ALFA & OMEGA LONDON Notes to the Financial Statements For The Year Ended 30 June 2025**
## 1. **General Information**
ALFA & OMEGA LONDON is a company limited by guarantee, incorporated in England & Wales, registered number 1167814 and registered charity number 1167814. The registered office is .
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Incoming Resources**
The charity is committed to maintaining transparency, accountability, and integrity in the recognition and management of all incoming resources. This policy outlines the principles and procedures governing the receipt, classification, and reporting of income to ensure compliance with applicable accounting standards and regulatory requirements.
## **Recognition of Income**
Income is recognized when the charity has entitlement to the funds, the amount can be measured reliably, and it is probable that the economic benefits will flow to the charity. Donations, grants, and legacies are accounted for on an accrual basis unless otherwise specified by the donor or funder. Restricted income is recognized separately and used in accordance with the donor’s stipulations.
## **Types of Incoming Resources**
Donations and Legacies: Includes cash donations, bequests, and gifts in kind. Legacies are recognized when probate is granted and the amount can be reliably estimated. Grants: Government and institutional grants are recognized when the charity is entitled to the funding and any performance conditions are met. Charitable Activities: Income from services provided in furtherance of the charity’s objectives, including membership fees and event income. Other Trading Activities: Includes income from fundraising events, sponsorships, and sale of goods. Investment Income: Interest, dividends, and other returns on investments are recognized when receivable.
## **Valuation and Measurement**
All income is measured at fair value at the date of receipt. Gifts in kind are valued based on their estimated market value and recorded as both income and expenditure.
## **Deferred Income**
Income received in advance of the charity earning the right to the funds is deferred and recognized in the period in which the charity becomes entitled.
## **Monitoring and Reporting**
All incoming resources are recorded in the financial systems with appropriate documentation and classification. The Finance Committee reviews income reports regularly to ensure accuracy and compliance. Annual accounts are prepared in accordance with the Charities SORP (Statement of Recommended Practice) and submitted to relevant regulatory bodies.
## 2.3. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% RBM Computer Equipment 20% RBM
## 2.4. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Income from Donations and Legacies**
Page 8
## **ALFA & OMEGA LONDON Notes to the Financial Statements (continued) For The Year Ended 30 June 2025**
|Donations and gifts
4.
**Income from Charitable Activities**
Charitable Activities UK
5.
**Investment Income**
Bank interest receivable
6.
**Net Income/(Expenditure)**
The net expenditure is stated after charging/(crediting):
Depreciation of tangible fixed assets - owned
7.
**Analysis of Expenditure**
Raising funds
Charitable Activities- Overseas
Charitable Activities UK
Raising funds
Charitable Activities- Overseas
Charitable Activities UK|**Activities**
**undertaken**
**directly**
**£**
-
17,383
-|**2025**
**Unrestricted**
**funds**
**£**
33,607|**2024**
**Unrestricted**
**funds**
**£**
36,586|
|---|---|---|---|
|||**2025**
**Unrestricted**
**funds**
**£**
49,540|**2024**
**Unrestricted**
**funds**
**£**
49,232|
|||**2025**
**Unrestricted**
**funds**
**£**
-|**2024**
**Unrestricted**
**funds**
**£**
198|
|||**2025**
**£**
479|**2024**
**£**
599|
|||**Support**
**costs**
(see note 8)
**£**
24,444
9,000
41,181|**2025**
**Total**
**£**
24,444
26,383
41,181|
||17,383|74,625|92,008|
||**Activities**
**undertaken**
**directly**
**£**
-
15,300
-|**Support**
**costs**
(see note 8)
**£**
21,424
9,000
44,129|**2024**
**Total**
**£**
21,424
24,300
44,129|
||15,300|74,553|89,853|
Page 9
## **ALFA & OMEGA LONDON Notes to the Financial Statements (continued) For The Year Ended 30 June 2025**
## 8. **Support Costs**
|Employee costs
Premises expenses
General administration
Depreciation
Governance costs
Employee costs
Premises expenses
General administration
Depreciation
Governance costs
9.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
10.
**Staff Costs**
Staff costs were as follows:
Wages and salaries|**Raising**
**funds**
**£**
-
22,747
1,218
479
-|**Charitable**
**Activities-**
**Overseas**
**£**
9,000
-
-
-
-|**Charitable**
**Activities-**
**Overseas**
**£**
9,000
-
-
-
-|**Charitable**
**Activities UK**
**£**
9,000
22,746
160
-
9,275|**2025**
**Total**
**£**
18,000
45,493
1,378
479
9,275|
|---|---|---|---|---|---|
||24,444|9,000||41,181|74,625|
||**Raising**
**funds**
**£**
998
19,625
202
599
-|**Charitable**
**Activities-**
**Overseas**
**£**
9,000
-
-
-
-||**Charitable**
**Activities UK**
**£**
11,451
19,625
-
-
13,053|**2024**
**Total**
**£**
21,449
39,250
202
599
13,053|
||21,424|9,000||44,129|74,553|
|||||**2025**
**£**
750
**2025**
**£**
18,000|**2024**
**£**
750|
||||||**2024**
**£**
18,000|
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
## 11. **Average Number of Employees**
Average number of employees during the year was: 2 (2024: 2)
Page 10
## **ALFA & OMEGA LONDON Notes to the Financial Statements (continued) For The Year Ended 30 June 2025**
## 12. **Tangible Assets**
|**Cost**
As at 1 July 2024
Disposals
As at 30 June 2025
**Depreciation**
As at 1 July 2024
Provided during the period
Disposals
As at 30 June 2025
**Net Book Value**
As at 30 June 2025
As at 1 July 2024
13.
**Debtors**
**Due within one year**
Other debtors
14.
**Creditors: Amounts Falling Due Within One Year**
Trade creditors
Other creditors
Accruals and deferred income
15.
**Contingent Liabilities**
At the end of the period
Annual rental commitment due isx months of £12,500|**Plant &**
**Machinery**
**£**
1,751
(920)|**Plant &**
**Machinery**
**£**
1,751
(920)|**Computer**
**Equipment**
**£**
4,219
-|**Total**
**£**
5,970
(920)|
|---|---|---|---|---|
||831||4,219|5,050|
||350
281
(184)||3,223
199
-|3,573
480
(184)|
||447||3,422|3,869|
||384||797|1,181|
||1,401||996|2,397|
||||**2025**
**£**
-
**2025**
**£**
11,427
-
750
12,177
**2025**
**£**
12,500|**2024**
**£**
15,687|
|||||**2024**
**£**
-
3,147
750|
|||||3,897|
|||||**2024**
**£**
12,500|
||||||
Page 11
## **ALFA & OMEGA LONDON Notes to the Financial Statements (continued) For The Year Ended 30 June 2025**
## 16. **Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 1 July**
**2024**
**£**
25,861|**Income**
**£**
83,147|**Expenditure**
**£**
(92,744)|**As at 30**
**June 2025**
**£**
16,264|
|---|---|---|---|---|
||25,861|83,147|(92,744)|16,264|
||**As at 1 July**
**2023**
**£**
29,698|**Income**
**£**
86,016|**Expenditure**
**£**
(89,853)|**As at 30**
**June 2024**
**£**
25,861|
||29,698|86,016|(89,853)|25,861|
## 17. **Transactions with Trustees**
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
|**2025**|**2024**|
|---|---|
|**£**|**£**|
## 18. **Related Party Disclosures**
## 19. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 12
## **ALFA & OMEGA LONDON Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 June 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
**Charitable Activities:**
**Charitable Activities UK**
Church Collections
**Investments**
Bank interest receivable
**EXPENDITURE ON:**
**Raising funds**
Travel and subsistence expenses
Rent
Computer software, consumables and maintenance
Bank charges
Other office costs
Sundry expenses
Depreciation of plant and machinery
Depreciation of computer equipment
**Charitable Activities:**
**Charitable Activities- Overseas**
Donation of Grant
Wages and salaries
**Charitable Activities UK**
Wages and salaries
Staff welfare
Rent
Printing, postage and stationery
Independent examiner's fees
Professional fees|**2025**
**Total**
**funds**
**£**
33,607|**2024**
**Total**
**funds**
**£**
36,586
36,586
49,232
49,232
198
198
86,016
(998)
(19,625)
(155)
(16)
(30)
(1)
(350)
(249)
(21,424)
(15,300)
(9,000)
(24,300)
(9,000)
(2,451)
(19,625)
-
(750)
(12,303)
(44,129)
(89,853)
...CONTINUED|
|---|---|---|
||33,607
49,540||
||49,540
-||
||-||
||83,147
-
(22,747)
-
(51)
(1,167)
-
(280)
(199)||
||(24,444)
(17,383)
(9,000)||
||(26,383)
(9,000)
-
(22,746)
(160)
(750)
(8,525)||
||(41,181)||
||(92,008)||
||||
Page 13
## **ALFA & OMEGA LONDON Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 30 June 2025**
|**NET EXPENDITURE BEFORE INVESTMENT LOSSES**
**Net losses on investments**
Deficit on disposal of listed fixed asset investments
**NET EXPENDITURE**|(8,861)
(736)|(3,837)
-|
|---|---|---|
||(736)|-|
||(9,597)|(3,837)|
Page 14