ICTORY CENTRE INTERNATIONAL FINANCIAL STATEMENTS 30JUNE 2025 Charity Number 1169821
VIoRy CENTRE INTERNATIONAL HNANCIAL sfATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 CONTENTS PAGE Trustees Report Statement of Ftnancial Activities lincorporating the Income and Expenditure account) Balance Sheet Notes to the financial statements Independent Examination 11
VICtORY CENTRE INTERNATIONAL FINANCIAL STATEMEPItS FOR THE YEAR ENDED 30JUNE 2025 REFEREN(E AND ADMINIRATIVE DAlls Registered name Victory Centre International Ltd Trustees Ebun Horata Nafisap, Scott Fatmata Youngah Principal office Registered Address 5-8 Herringham Road LONDON SE7 8NJ Bankers Barclays Bank PIC I Church Place London E14 5HP
VICTORY CENTRE INTERNATIONAL FINANaAL STATEMENTS FOR THE YEAR ENDED 30JUNE 2025 ORGANISATIONAL STRucfuRE AND DECISION MAKING The Directors/Trustees of the Charity are 35 noted on page I Directorstfrustees meetings are held monthly to review legal & financial strategy and financial perforniance but regular contact is maintained in between tneetings to monitor the distribution of funds, cash-flow, legal/HR procedures and general governance issues. The Directors/Trustees work together with the management committee of the church, which comprises the following as of 30 June 2024 who meet at least 12 times a year as a team: Pastor Christiana Ansumana. Pastor Louisa Annan and Pastor Fatmata Youngah. In addition to the work done by Trustees and Directors as detailed atK)ve. the charity 5eek5 to further its aims and objectNes by utilising the volunteer capacity (of about 50} in the membership of the church. They help to facilitate various areas of the activity and vision of the charity as follows. Areas of Church Life & Volunteer Leaders Pastoral & Spiritual Over5iEht: Pastor Ernest Owusu Praise and Worship: Pastor Fatrnata Youngah. Administration: Pastor Fatmats Youngah , Peggy Soko and Pastor Ebun Scott. Finance: Flourette Richards Child Protection & Vulnerable Adults Officer: Mrs Ebun Scott Outreach & Ev3ngeli5m- Christine Aloyo & Mr5 Matilda E2zidio. Welfare Team- Ms Flourette Richards & Mrs Su22ie Annah Hospitality. Mrs Alimatu Kaykay. Ms Isha Koroma & Ms Sia Kpakima. Children Service: Mrs Melody Owusu & Ms Flourette Richards Youth Ministry- Mr Henry Sogie-Thomas & King Henry Omane Sound Equipment & Maintenance: Mr Bright Agyeman Organizing. Health & Safety- Ms Fatmata Youngah Media & Creative Output: Miss Safiatu Carew The Management committee and Trustees/DirectOT5 meet with various leaders in the church to periodically review areas of church lrfe and activity. These reviews are key in ensuring that the Charity continues to meet its primary objective& The TruSteeDICtOrS work together with the management committee and the departmentsl leaders in the church to ensure that these aims and objectiyes are met throughout the artivity of the organisation.
Areas of oversight and governance have continued to be developed this year including the full review of the full health and safety policy. fire risk assessmenL red assets register and the ongoing development and implementation of the Child Protection Policy in line with the latest government guidance and advice. The management committee and Trustee5/Directors set and agree financial budgets for each area of Church life. These are monitored and reviewed each month against cash flow and expenditure management. REVIEW OF ACTIVITIES Promotion of Gospel of Jesus Christ our Lord and Saviour We hold regular weekly Bible studies and worship services. Members and the general public have access to our regular meetings on Thursday and Sunday evenings. There were a number of outreaches we have ones a month street evangelism in the Southwark area to reach out and invite souls into the church. Education and Relief Poverty As a church we have been proacttve in responding to the needs of our local community in relation to vulnerable people both in the congregation and our local community. Training & People Development-we held a number of leadership training sessions aimed at equipping pastors. ministers and heads of department as well as those aspiring to be leaders. Members were offered advice and guidance to enhance their career prospects through one-to-one coaching. These were usually held on the first Saturday of the month. COMMUNITY PROGRAMME Victory Centre International IVCI) is a multi-cultural church with over 10 nationalities. We have a great heart for organising community events and activities aimed at building community togetherness and bridging cultural differences. YOUTH REVIVALS- These events are organised once a month in the church auditorium. This is an event organized by the leadership of VCI to bring motivation and inspiration to our youths in order to prepare them for a better future. FOOD DISTRIBUTION-This is held quarterly on the last Sunday of the month and on specific occasions like Easter and Christmas. We distribute food items to the general public and 35 well as our membership. Special food parcels are given to needy people at the end of the occasion. We hope to expand this service to cover a wider aspect of the community by inviting special groups such as the homeless. asylum seekers and other vulnerable groups to benefit from these events. WELFARE SUPPORT SCHEME-VCI has a system in place that allows the vulnerable, the briefed, the sick. the aged and the unemployed within the congregation access some form of support such as
Victory Centre International (Trustees Report Cont.) food. clothing, money etc. We also do hospital visitations of our members and their families to offer prayers and words of comfort needed for their recovery. ANNUAL INDEPENDENCE DAY EVENT- We gathers as a church to celebrate the Independence Day of each of the nationalities present in our congregation. We do this by advertising and opening our doors to the community and celebrate with the display of various local food, cultural item5. play and dance to the local music of the country in question. We listen as the country's history is read and together we learn and sing the national anthem. LIFE CLASS-This takes place every Sunday 30 minutes before the commencement of ourworship service. Member5 are taught on how to discover their talents and utilize it effectively to achieve maximum results. During this class, we explore very important topic such a5 marriage. money, good behaviour, fear, anger and career development strateEies. CLOTHES BANK-We have started to collect clothes & shoes from individuals in the church for 5UPPOrting the needy and vulnerable. Last year we donated clothe5 and shS to the victims of the Grenfell tower fire disaster. FINANCIAL REVIEW PLANS FOR FUTURE PERIODS Our plans for the next one to three years include: l. Youth development programmes 2. Looking to buy a permanent place of worship 3. Increase our support for the homeless 4. Marriage and singles seminars Prison and detention centre visitations programme This report was approved by the board of trustees on IS April 2026 and signed on its behalf by: Ms atmats Youngah IfAp ril 2026
VICTORY CENTRE INTERNATIONAL STATEMENT OF FINANaAL ACTlVtnES (INCORPORATING THE INCOME AND EXPENDITURE ACCOU YEAR ENDED 30JUNE 2025 RIStRicfED UNRISTRICTED TOTAL FUNDS TOTAL FUNDS FUND5 2025 FUNDS 2025 2025 2024 INCOMING RESOURCES Charitable Source 155,172 155,172 182,583 Grants HMRC Gift Aid 36.233 36.233 19,988 Total Donations 191.405 191.405 202,571 RESOURCES EXPANDED Charitable Activtty 34,951 39,381 34,951 Venue and Event Organising 67,483 67,483 72,547 Honorarium 15.240 15,240 17,025 Legal and Professional 3,590 3,590 2,000 Wages 14.803 14,803 19,060 Travelling & Subsistence 3.283 3,283 7,017 Other Admin Cost 43,964 43,964 44,521 TOTAL RESOURSE EXPENDED 187.744 187,744 197,121 The Statement of Financial Activities indudes all gains and losses in the year and therefore a statement of total recognised gain5 and losses has not been prepared. All of the above amounts relate to continuing activities.
VIoRy CENTRE IlItERNATIONAL BALANCESHEET A5AT 30JUNE 2025 NOTES 2025 2025 2024 2024 FIXED ASSEtS Equipment I2J2 15.132 CURRENT ASSETS Debtors Investments 2.51N) Cash at bank and in hand 1.193 3.693 CURRENT UABILITIES Accruals (2.950) (950) 743 Long term loan {6,667} 116.118) NET ASSErs 6,138 FUNDS Jnrestricted Funds 2.469 2.469 Restricted Funds TOTAL FUNDS 6,138
VICTORY CENTRE INTERNATIONAL NOTES TO THE ACCOUNTS FIXED ASS) Equipment Total Costs at 117124 49,464 49,464 Additions 950 950 50,414 50.414 Depreciation at in/24 For the year 34,322 4,020 34,332 4,020 38,352 38,352 Net Book Value 30/6/25 12,062 12,062 2. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accrued Expenses 2,950 950 3. CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR 2025 2024 6,667 16,118
VICTORY CENTRE INTERNATIONAL I. ACCOUNTING POLICIE5 Basis of accounting The financial statements have been prepared in accordance with Accounttng 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 l January 20151-(Charities 50RP (FRS 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR5102) and the Companies Act 2(K16. Cash flow statement The trustees have taken advantage of the exernption in Financial Reporting Standard Nol {revised) from including a cash flow statement in the financial statements on the grounds that the company is small. Fixed assets The fixed assets will initially be recorded at C05t. Depreciation Depreciation will be calculated so as to write off the cost of an asseL less its estimated residual value over the useful economic life of that a55et as follows: Equipment -25% Building work -25Yo Motor Vehicles -30% 10
Victory Centre International Limited Company Registration number= 10173897 Directorfs Report For the period from l July 2024 to 30 June 2025 The Directors present herewith their report together with financial statements for the period from I July 2024 to 30June 2025. Principal Activities: Victory Centre International Limited is a private company Itmited by guarantee. The companvs principal activity during the year was the provision of church ministry seiCe5. Directors The following persons served as directors during the period: Ms Fatmata Youn8ah Mrs Ebun Scott Small Company pr(wisions This report ha5 been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to small companieg regime. This report was approved by board on April 2026 and signed on its behalf. Mr5 Ebun Scott
vicroRY CENTRE INTERNATIONAL INDEPENDENT EXAMINEWS REPORT To the trustees and members of Victory Centre International with Charity number 1168839. I report on the accounts for the year ended 30 June 2025. which are set out on pages 7 to io. The charivs trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this vear under section 144 of the Charities Act 2011 (the Charities Act} and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, b. to follow the procedures laid down the general direction5 given by the Charity Commission (under section 145{5)(bl of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent examinerfs statement My examination was carried out in accordance with general Directions given by Charity Charity Commission. An examination includes a review of the accounting records kept by the by the charity and comparison of the accounts presented with those record5. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit, and no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the Statement below. Independent Examinerfs ststement In connection with my examination with my examination. no material matters have come to attention which gives me cause to believe that in:, accounting records were not kept in accordance with section 130 of the Charities Act for 2. the accounts do not accord with accounting records.
VIoRy CENTRE INTERNATIONAL INDEPENDENT EXAMINER'S REPORT (Cont.) I have come acros5 no other matters in connection w4th the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Samuel re Akwafo FCCA {[ April 2026 25 Austen Close LONDON SE28 8AY 11