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Charity No: 1168159
ARK SANCTUARY
TRUST RT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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SANCTUARY
ccounts
ation 3
al report 4-10
Report 11
Financial Activities 12
t 13
unts 14-17
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ARK SANCTUARY
formation
offat
-Ann Agoh
Salaam Bangura
n Charge
Pastor Ade Oyejobi
Place of worship
Orchard Hall
150 Broadmead Road
Woodford
Essex
IG8 OAG
Bankers
NatWest Bank PLC
3 The Broadway
Woodford Green
Essex
IG8 ODD
Accountants
Gabriel Christopher & co
Suite 13, Forest House
8 Gainsborough Road
London
E11 1HT
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Introduction
The Church Trustees have pleasure in submitting the Accounts for the year ended 31 March 2025 for
Noah’s Ark Sanctuary (“the Church”). The Church has been registered with the Charity Commission
operating as a charitable incorporated organisation (CIO) since 11 July 2016.
The Objects of the Church are:
1. The advancement of the Christian faith; and
2. The relief of poverty
Noah’s Ark Sanctuary exists exclusively to fulfil the objects above for public benefit. The Church
Trustees consider that the Church activities fall under the advancement of religion. One of the key
Objects in the Constitution is “the advancement of the Christian faith”, which the Church undertakes
by the proclamation and furtherance of the Gospel of God concerning his son Jesus Christ the Lord
and the preaching and teaching of the Word of God. However, our activities also touch on other
charitable purposes such as the prevention/ relief of poverty of those who are in conditions of need
or hardship.
Our mission statement is to “Read the Word [of God], Think the Word, Pray the Word, Live the Word,
Speak the Word, Preach the Word and Teach the Word”. Our Vision is to “Produce Godly leaders with
influence”. Our ongoing “vision 100” is a vision to see 100 more members of the public come to
believe in God. We believe we can achieve this by undertaking the activities below which are open
to the general public.
Public benefit
In considering our Objects and in planning future activities, the Church Trustees continue to have
regard to the Charity Commission’s general guidance on public benefit, updated from time-to-time.
Noah’s Ark Sanctuary exists exclusively for public benefit. Our activities are conducted in public. We
generally hold our activities in the Orchard Community Hall, 150 Broadmead Road, Woodford Green,
Essex, IG8 OAG. The hall is in the middle of the Orchard Estate, one of the most deprived estates in
the London Borough of Redbridge. People from all walks of life come in, some from a background of
different faiths and others with none, some in good health and somein ill health. We provide a place
of refuge, relief and rest in Christ.
Our activities generally include:
e Church services, every Sunday, which have preaching and bible studies of the Gospel. We
also have a Sunday school where we provide age-related teaching of the Gospel for children
e prayer and bible study meetings
e =evangelising
e youth events
e community outreach events
e = family fun nights
We offer tea, refreshments, and food at all our activities and events.
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Review of our activities
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The Church exists as a body of believers in the Lord Jesus Christ. We are a community that seeks to love and support each other to grow in our faith in God, to be there for each other when struggles arise, and to celebrate together when we have good news. The Church has continued to hold in-person church services every Sunday which have — luded worship, preaching from the Word of God, and Bible Studies, and throughout the yea _—e-related teaching of the Gospel to children has also been provided. Friday prayer and bible stu eetings continued to take place online via ‘Zoom’, with the last Friday of the month reserved rayer meetings in-person which are also broadcast simultaneously online. We continue toe urage more people to connect online. The church also broadcasts a weekly programme on Thursd at 6pmon Faithworld TV (Sky channel 588). This ministry continues to have positive feedback an _—_stimonies. All meetings remain open to the general public. The Church celebrated important days in the Christian calendar year including Christm and Easter, and held a New Years Eve service on 31 December 2024. The church also marked its 2. anniversary service on 13 July 2024, to remember God’s goodness. Ministry activities spanned across the whole financial year. The Church has been plea to welcome newcomers on a regular basis, who have attended our events, and the youth continu meet and grow Spiritually within the Church. Church workers groups continued to meet regular ross the year. We continue to support church members and residents in hardship through welfare a tance. Monthly pre-packed food hampers are being relaunched at the end of April 2025 afte =e reporting
We continue to support church members and residents in hardship through welfare a Monthly pre-packed food hampers are being relaunched at the end of April 2025 afte period.
## Community Outreach
We have ongoing discussions with Redbridge Housing Office /the Council to ensure we reach out to people in our community. The activities the Church has organised over the year April 2024 to March 2025 include:
~~Summer Community Fun Day - Saturday 13 July 2024 — 12 noon —- 4pm~~ The Church organised a family fun day on the Orchard Estate open to all members of the public. The Church co-ordinated and ran a number of activities, including bouncy castles, face painter, BBQ, and provided free refreshments (Mears were not able to sponsor this year due to their social value input focusing on estate improvements such as security and reflect tenants’ priorities). The bouncy castle, face painter and BBQ were very popular. We would like to thank the men and women in the Church for their time and sacrifice to help with our community outreach.
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Bouncy castle
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BBQ stand
BBQ stand
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Face painter/henna stand
e ~~Orchard Family Christmas Party - Winter Wonderland - Saturday 14 December 2024 — 12noon — 3pm~~ In December 2024, we hosted a Winter Wonderland party for children aged up to 12 years on the Orchard estate and local families. The party was delivered by an external entertainer (DNA Kids). The Church organised a T-cup ride and Santas Grotto for under 11s. Food and refreshments / tea and coffee were provided by the Church on the day and a gift was presented by Santa to each of the families in attendance in the Santas Grotto. A raffle was also organised. People of all ages were invited and it was free entry. The event had a great atmosphere and a marvellous turnout.
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Christmas community event —T cup ride
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e Christmas Tesco Vouchers Donation
The Church also organised 40 £10 Tesco vouchers (administrated by Redbridge Council) to give to the Council for administration to people in financial difficulty. Redbridge Council
thanks all the church members for the kind offer. They are currently supporting a number of tenants who are struggling with their finances and rent and may be at risk of losing their tenancy. They were given to needy residents in financial difficulty.
Employment and CV Help We continue to make available help for employment, CV and job applications to support people within our community.
Training The Church ran training including St Johns First Aid training on 13 April 2024 and Safeguarding training on 2 May 2024.
Leadership The leaders are entrusted with spiritual oversight of the Church and responsible for worship, prayer, bible teaching, pastoral care and evangelism. The Trustees are very grateful to the leadership team who continue to seek to fulfil their responsibilities. We are grateful to all those involved in the fellowship for their excellent service and witness to the love of God and also for the different ways in which they assist the Church in fulfilling its calling.
Passion 4 Christ Youth Ministry Passion 4 Christ Youth Ministry is the youth group in the Church. The group’s mission is to reach out to youth within the local community, particularly (but not exclusively) those who live in Orchard Estate and preach the Gospel. The group believes that it is of great importance to ensure that younger people of today are inspired and have a bright future to look forward to, as they are the next generation. If there is a high number of demotivated youths now, with nothing to aspire to, and nothing to do, this will have a very negative effect for society.
The Church trustees are encouraged the youth group will continue to grow spiritually this year and will reach out to engage new youth in the area, including those aged 16-25 in activities including events that will make the youth believe they have a career goal to pursue if they trust in God.
Trustee’ Responsibilities
The Church Trustees are responsible for: - completing the annual report and accounts on time every year and submitting to the Charity Commission;
- ensuring the Church is in compliance with charity law and regulation;
- preparing the annual report; and - ensuring the Church resources are used for the Objects of the Church. The leadership of the church meet as regularly as time allows at which time reports of the financial position are considered.
Financial Review Financial statements are attached to this report which will show total income for the year and total expenditure for the year, as well as net assets.
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The Church has maintained one operating current account with NatWest (“Natwest Operating
Account”) since the closure of the Stewardship Deposit Account in March 2022 ( £63630.75). The
stewardship deposit account funds were transferred temporarily to the Natwest Operating Account
pending set-up of a new deposit account into which the Stewardship funds can be transferred. Due
to low interest rates for a deposit account, in January 2025, the Church transferred £120,000 into a
Treasury Reserve deposit to earn interest, with the principal plus interest to return back in January
2026.
Gift aid received from HMRC is £10591.01.
Please note the Church hall hire rate set by Redbridge Housing increased for April 2024-March 2025
by 9% on the previous year following the recent meeting of the Council Cabinet and the hire includes
regular hours for Fridays (including an extra hour for Friday prayer), Sundays, and additional hours
for first aid training and other church activities.
Reserves Policy
The Trustees have responsibility to set a Reserves Policy which sets an amount which should be held
in the Natwest Operating Account as a minimum to cover expenditure. Given the monthly income of
the Church (circa £2000 on average), the Church Trustees consider it prudent to keep a minimum
cash balance held in the Natwest Operating Account of a sum equal to six months’ worth of monthly
operating costs (i.e. £12000). This is because the Church undertakes a lot of activity, and this amount
is sufficient reserve in the account to cover emergency situations which may arise from time to time
and covers basic expenses so that if the Church was to suffer significant drop in income, or to stop
Operating, it would have six months to put a plan in place to cover/manage outgoings and/or
manage the orderly winding up of the CIO with the Charity Commission if it came to it. The Reserves
Policy stated is recommended on legal advice and Charity Commission guidance. The Reserves policy
has been achieved this year.
Signed on behalf of the Church Trustees by
Eric Moffat
Church Trustee
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NOAH'S ARK SANCTUARY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NOAH'S ARK SANCTUARY
| report on the accounts of the Trust for the period ended 31 March 2025, which are set out below.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND EXAMINER
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144 (2) of the Charities Act 2012 (the 2012 act) and that an independent examination is needed. It is my responsibility:
- to examine the account under section 145 of the 2012 Act;
- to follow the procedures laid down in the general Direction given by the Charity Commission under section 145(5)(b) of the 2012 Act; and - to state whether particular matters have come to my attention
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the Accounts presented with those records. It also includes consideration of any unusual items or disclosures in the Accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the 2012 Act - and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2012 Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A G Oyewole FCCA Gabriel Christopher & co Chartered Certified Accountants Unit 13, Forest House 8 Gainsborough Road London
E11 1HT
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NOAH'S ARK SANCTUARY Statement of Financial Activities for the year ended 31 March 2025
2025 2024
Notes Unrestricted Restricted Total Total £ £ £ £
## ~~Incoming Resources~~
~~Resources~~ 1 resources from generated funds: funds: income: donations 2 50,635 - 50,635 43,565 oming Resources ~~50,635 - 50,635 43,565 es Expended~~ e expenditure: Donations- individual 3 8,100 - 8,100 4,703 Donations - al 4 2,328 - 2,328 3,580 activities in ce of objects 5 25,141 - 25,141 20,869 ent and governance 6 1,626 - 1,626 1,258 sources expended 37,195 - 37,195 30,410 ming/(Outgoing) Resources for 13,440 - 13,440 13,155 ement in Funds 7 13,440 - 13,440 13,155 at 01.04.24 99,914 63,631 163,545 150,390 at 31.03.25 113,354 63,631 176,985 163,545
Incoming resources from generated funds: funds:
All disclosures relate to the continuing operations. There are no recognised gains or losses other than those disclosed above
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NOAH'S ARK SANCTUARY
Balance sheet as at 31 March 2025
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Fixed Assets 8 4,670 3,104
4,670 3,104
CURRENT ASSETS
Debtors 9 10,592 6,801
Cash in Bank/Investment 162,324 154,216
172,916 161,017
CURRENT LIABILITIES
Amount falling due within a year 10 (600) (576)
NET CURRENT ASSETS 172,316 160,441
176,985 163,545
LONG TERM LIABILITIES
Amount falling due more than a year 11 - -
NET ASSETS 176,985 163,545
Unrestricted 113,354 99,914
Restricted 63,631 63,631
TOTAL FUNDS 12 176,985 163,545
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Approved by the Truste Signed on their behalf: Signature: Edd,
Name:
at
Date:
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NOAH'S ARK SANCTUARY Notes to the financial statements for the period ended 31 March 2025
ACCOUNTING POLICIES
The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP 2005) issued in March 2005 as modified for smaller charities.
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1. INCOMING RESOURCES
These are recognised in full in the Statement of Financial Activities in the period in which they are
received. Included are income from tithes, offerings and interest received during the year from
investments and accounted for as unrestricted funds.
Unrestricted Restricted Total Total
Fund Fund Fund Fund
2. Voluntary Income: Donations 2025 2025 2025 2024
£ £ £ £
Tithes & Offerings 40,044 - 40,044 36,764
Gift Aid 10,591 10,591 6,801
50,635 - 50,635 43,565
3. Gifts and Donations-
individual
£ £ £ £
Welfare and hospitality 8,100 - 8,100 4,703
8,100 - 8,100 4,703
4. Evangelism and other £ £ £ £
charitable expenses
Evangelism - - - -
Evangelical Alliance 80 - 80 80
Other Charities Donations
(4.1) 2,248 - 2,248 3,500
2,328 - 2,328 3,580
4.1 Other Charitable
expenses £ £ £ £
Teens Challenge 562 - 562 500
Webber Street Mission 562 - 562 500
Redbridge Food Bank - - - 500
Mercyship 562 - 562 500
Branches - - - 500
Salvation Army 562 - 562 500
Christian Kitchen - - - 500
2,248 - 2,248 3,500
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5. COST OF ACTIVITIES IN FURTHERANCE OF CHARITY'S OBJECTS These are expenditures directly related to the objects of the of the charity. They also include expenditures incurred in support of that activity were material.
2025 2024 Unrestricted Restricted Total Total Funds Funds Funds Funds s Outreach 2,160 - 2,160 - ence 532 - 532 289 ding training 750 - 750 - ity and youth outreach 1,619 - 1,619 657 tions 40 - 40 40 ates 5,855 - 5,855 6,715 Development 627 - 627 434 & children Sunday sources 55 - 55 228 e & fax & internet 728 - 728 665 e - - - 238 tenance and cleaning 665 - 665 430 Allowance 3,300 - 3,300 3,600 d stationery expenses 8,810 - 8,810 7,574 25,141 - 25,141 20,869 2025 2024 Unrestricted Restricted Total Fund Fund Fund Total Fund RNANCE COSTS £ £ £ £ & professional fees 600 - 600 576 ciation 1,026 - 1,026 682 1,626 - 1,626 1,258
7. NET MOVEMENT IN FUNDS FOR THE YEAR
The net movement in funds for the year is stated after charging Depreciation of tangible fixed assets Legal & professional fees Bank charges & interest
2025 2024 £ £ 1,026 682 600 576 - - 1,626 1,258
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8. FIXED ASSETS
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Instruments Total
£ £
Cost
At 1 April 2024 7,460 7,460
Additions in the year 2,093 2,093
At 31 March 2025 10,053 10,053
Depreciation
At 1 April 2024 4,356 4,356
Charge for the year 1,027 1,027
At 31 March 2025 5,383 5,383
Net Book Value
At 31 March 2025 4,670 4,670
At 31 March 2024 3,104 3,104
8a. DEPRECIATION
Depreciation is provided at rates calculated to write off the cost or valuation of fixed
assets, less their estimated residual value, over their expected useful lives on the
following basis.
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Church Equipment 18% reducing balance
9. DEBTORS 2025 2024
£ £
Gift Aid Receivable 10,591 6,801
10,591 6,801
10.CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Professional Fee 600 576
600 576
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11.CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
2025 2024 £ £ FUNDS Unrestricted Restricted Total Total Funds Funds Funds Funds 2025 2024 £ £ £ £ At 1 April 99,914 63,631 163,545 150,390 Surplus/(Deficit) for the year 13,440 - 13,440 13,155 At 31 March 113,354 63,631 176,985 163,545
12. FUNDS
12.1 UNRESTRICTED FUNDS
These are grants and donations received or receivable for the objects of the charity without restrictions as to purpose but are available as general funds.
12.2 RESTRICTED FUNDS
Restricted funds are used for the purpose as specified by the donor. Expenditure that meets these criteria is identified to the fund.
13. RELATED PARTY TRANSACTION Pastor Ade Oyejobi, the father to a member of the board of trustees received an income of £3,300 during the year as the resident pastor of the Church.
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