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← Evangelical Church Winning All (Ecwa) Chapel Of Investment

2025-03-31-accounts

1170361

Charity Number

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM

TRUSTEES REPORT AND FINANCIAL STATEMENTS

For the year ended 31st MARCH 2025

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

Statement of financial activities (including Income and Expenditure Accounts) For the year ended 31st March 2025

CONTENTS 2
Legal and administrative information 3
Report of the trustees 4 – 5
Accountants Report 6
Statement of financial activities 7
Balance Sheet 8
Notes forming part of the financial statements 9 – 13
The following pages do not form part of the statutory accounts
Details income and expenditure account 14

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

LEGAL AND ADMINSTRATIVE INFORMATION For the year ended 31st March 2025

Trustee 1 Rev Simon Ayodele Atunde
2 Dr Shimon Ayolola Atunde
3 Pastor Oluwole Caleb Ajiboye
Management Committee 1 Rev Simon Ayodele Atunde (Minister in Charge)
2 Pastor Caleb Wole Ajiboye
Charity Number 1170361
Registered Office 23 Quarry House Close
Rubery
Birmingham
United Kingdom
B45 0HS
Accountants D&J Accounting Solutions
Kingsway House
40 Forgate Street
WR1 1EE
Bankers HSBC UK Bank plc
1 Centenary Square,
Birmingham
B1 1HQ
United Kingdom

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

For the year ended 31st March 2025

The trustees present their annual report and financial statements of Evangelical Church Winning All – ECWA, Chapel of Investment, Birmingham, for the year ended 30[th] March 2025. The Trustees confirm that the annual report and financial statements of the Charity comply with the Charities act 2011, and the Companies Act 2006, the church's governing document, and the provisions of the Statement of Recommended Practice (SORP) “Accounting and reporting by Charities," issued in April 2005.

Method of Appointment or Election of trustees

The management of the charity is the responsibility of the trustees, who are elected and co-opted with the terms of the trust.

Constitution Policies

The objective of the charity is the advancement of the Christian faith worldwide in accordance with the doctrine set out in the statement of believe contained in schedule 2. The trustees must use the income and may use the capital of the trust in promoting its objectives.

Objectives of the Charity, Principal Activities and Organisation of Our Work

The Evangelical Church Winning All – ECWA, Chapel of Investment, Birmingham, is a community-based charity providing a strong Christian foundation for young people and their families. The principal aim of the church are to promote the teachings of Jesus Christ and support the holistic development of individuals - spiritualy, mentally and physically.

Principal activities

The charity’s main activity during the year continued to be the advancement of the Christian faith in the United Kingdom and worldwide, in accordance with the doctrine set out in its trust deed. The charity also supports the relief of poverty among vulnerable groups in the general public.

Risk management

The trustee have a duty to identify and review the risks to which the charity is exposed. Appropriate internal controls are in place to provide reasonable assurance against fraud and error.

Organization structure and decision making

The charity is managed and governed by the trustees, who are responsible for strategic direction and decision-making.

Review of activities

During the year the Charity received a total of £166,403.52 from Church services. The financial results for the year are presented in the annexed accounts.

Reserves policy

It is the policy of the Trustees to maintain a minimun level of reserves to ensure the charity can meet its commitments for at least three months.

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

For the year ended 31st March 2025

Trustees' Responsibilities

Charity Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of its income and expenditure for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for ensure that the charity maintains proper accounting records that disclose, with reasonable accuracy at any time, the financial position of the charity and enable them to ensure that the financial statements comply with the charities Act 2011.

comply with the charities Act 2011.

They are also responsible for safeguarding the assets of the charity and for taking reasonable steps to detect and and prevent fraud and other irregularities.

The report was approved by the trustees on …........................................ and signed on its behalf by

Rev Simon Atunde

Minister in Charge

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM ACCOUNTANTS' REPORT TO THE TRUSTEES

For the year ended 31st March 2025

We report on the accounts of Evangelical Church Winning All (ECWA) - Chapel of Investment, Birmingham for the year ended 31 March 2025, which are set out on pages 9 to 13.

Respective Responsibilities of Trustees and Accountants

The trustees are responsible for the preparation of the accounts in accordance with applicable law and the charity's governing document.

The trustees consider that an audit is not required for the year under section 144 (2) of the charities Act 2011 (the 2011 Act) and that an independent examination is appropriate.

Our responsibility is to:

� Follow the procedures laid down in the general directions given by the charity commission under section 145(5) (b) of the 2011 Act; and

� State whether any matters have come to our attention which require reporting.

Basis of Independent Examiner's report

Our examination was conducted in accordance with the general directions given by the Charity Commission.

An independent examination involves 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 the trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, we do not express an audit opinion on the accounts.

Independent examiner's statement

In connection with our examination, no matter has come to our attention:

� which gives us reasonable cause to believe that, in any material respect, the requirements to keep accounting records

in accordance with section 130 of the 2011 Charities Act; and to prepare accounts which are consistent with the accounting records and comply with the applicable requirement of the 2011 Act, have not been met; or

� To which, In our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached

D&J Accounting Solutions Kingsway House 40 Forgate Street WR1 1EE

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT BIRMINGHAM

For the year ended 31st March 2025

Note
INCOMING RESOURCES
Donations Legacies and similar incoming resources
2
RESOURCES EXPENDED
Charitable expenditure:
Cost of activities in furtherance of the charity’s objects
Support costs for Church Services and Activities
3
Resources expended on Managing and administering the charity
4
Capital expenditure – building (restricted)
TOTAL RESOURCES EXPENDED
5
MOVEMENT IN TOTAL FUNDS FOR THE YEAR – NET
INCOME/(EXPENDITURE) FOR THE YEAR
TOTAL FUNDS AT 31ST MARCH 2025 (Note 12 & Balance Shee
12		 Restricted Funds
Unrestricted Funds
Total Fun
2025
2025
20
94267
72337
1666
94267
72337
1666
0
19858
198
0
18313
183
94267
0
942
94267
38171
1324
0
232842
2328
0
232842
2328

The notes on pages 9 – 13 form part of these financial statements

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM BALANCE SHEET as at 31st March 2025

FIXED ASSETS
Note
Tangible fixed assets
8
CURRENT ASSETS
Cash at bank and in Hand
9
Debtors
9
Prepayment
9
NET CURRENT ASSETS
CREDITORS
Amount falling due after more than one year
10
NET ASSETS
12
CHARITY FUNDS
Restricted Funds
11
Unrestricted funds
11		 2025
567692
8581
102405
0
0
0
0
8581
-343431
232842
0
232842
232842		 2025
567692
8581
102405
0
0
0
0
8581
-343431
232842
0
232842
232842		 2025
567692
8581
102405
0
0
0
0
8581
-343431
232842
0
232842
232842		 2024
3365
102405
0
0
105770
0
102405
102405

The financial statements were approved by the trustees on the and were signed on their behalf by:

…………………..

The notes on pages 9 – 13 form part of these financial statements

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2025

1 ACCOUNTING POLICIES

1.1 Basis of preparation of Financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charites SORP (FRS 102) (Second Edition - effective 1 January 2019), as issued by the Charity Commission.

1.2 Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the charity's general objectives and are not designated for other specific purposes

Restricted funds are to be used in accordance with specific restrictions imposed by donors. The cost of raising and administering such funds is charged against the specific fund. The purpose and use of each restricted fund is explained in the notes to the financial statements.

1.3 Incoming resources

All income is recognised when the charity has entitlement to the funds, the amount can be measured reliably, and it is probable the income will be received.

Gifts in kind are recognised when distributed or sold. Donated facilities and services are recognised where the benefit can be reliably measured and where a third party bears the cost.

No income is recognised for volunteer time.

Gift Aid and other tax recoverable donations are recognised when receivable.

1.4 Resources Expended

Expenditure is recognised on an accruals basis and allocated to activities where possible. Support and administrative costs are apportioned based on usage.

Fundraising costs relate to seeking voluntary income.

Management and governance costs relate to compliance with statutory requirements.

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2025

1.5 Cash flow

The financial statements do not include a cash flow statement because the charity, as a small reporting entity is exempt from the requirement to prepare such statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.6 Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated as cost less depreciation. Depreciation is charged to write off the cost of fixed assets, less any estimated residual value, over their expected useful lives as follows:

Asset Rate Motor Vehicle - 25% Straight Line Furnitures and Fixtures - 25% Straight Line - Church Equipment 25% Straight Line

Depreciation of Buildings

Buildings are held at historical cost. In line with the Charity SORP (FRS 102), no depreciation is charged on the building acquired during the year, as it is considered to have a long useful economic life and is primarily used for charitable purposes. The trustees believe the residual value will not materially differ from cost. Depreciation will be reviewed annually, and applied when deemed material and appropriate.

2 DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES

Restricted Funds
Unrestricted Funds
Total Funds
Total
2025
2025
2025
Church services
0
72337
72337
Grants
94267
0
94267
94267
72337
166604
3 SUPPORT COSTS FOR CHURCH SERVICES AND CHARITABLE ACTIVITIES
Restricted Funds
Unrestricted Funds
Total Funds
Total
2025
2025
2025
Honorarium
0
0
0
Property Rent
0
2560
2560
Entertainment
0
0
0
Evangelism
0
0
0
Sunday School Manual
0
1727
1727
Pastor Allowance
0
0
0
Choir Running Expenses
0
1856
1856
Toiletries and First Aid
0
0
0
Retreat and Conferences
0
0
0
Travel and Subsistence
0
622
622
Postages
0
0
0
Hotel & Accommodation
0
600
600
Welfare Expenses
0
12493
12493
Printing & Stationary
0
0
0
Advertisement
0
0
0
Total
0
19858
19858		 Restricted Funds
Unrestricted Funds
Total Funds
Total
2025
2025
2025
Church services
0
72337
72337
Grants
94267
0
94267
94267
72337
166604
3 SUPPORT COSTS FOR CHURCH SERVICES AND CHARITABLE ACTIVITIES
Restricted Funds
Unrestricted Funds
Total Funds
Total
2025
2025
2025
Honorarium
0
0
0
Property Rent
0
2560
2560
Entertainment
0
0
0
Evangelism
0
0
0
Sunday School Manual
0
1727
1727
Pastor Allowance
0
0
0
Choir Running Expenses
0
1856
1856
Toiletries and First Aid
0
0
0
Retreat and Conferences
0
0
0
Travel and Subsistence
0
622
622
Postages
0
0
0
Hotel & Accommodation
0
600
600
Welfare Expenses
0
12493
12493
Printing & Stationary
0
0
0
Advertisement
0
0
0
Total
0
19858
19858		 Funds
Unrestricted
2025
0
94267		 Funds
Total Funds
Total
2025
2025
72337
72337
0
94267		 Funds
Total Funds
Total
2025
2025
72337
72337
0
94267		 Funds
2024
46147
8286
94267 72337 166604 54433
Funds
2024
0
1870
186
0
0
0
0
0
0
3308
0
600
13998
0
0
0
19858
19858		 19962

EVANGELICAL CHURCH WINNING ALL (ECWA)

CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2025

4 Resources expended on managing and administering the charity

Repairs
Audit & Accountancy Fees
Professional Fees
Bank Charges
Telephone & Fax
Depreciation – Motor
Depreciation – Office Equipment
Depreciation – Fixtures & Fittings		 Restricted Funds
Unrestricted Funds Total Funds Total Funds
2025
2025
2025
2024
£
£
£
£
0
0
0
0
0
2400
2400
1680
0
7246
7246
0
0
101
101
60
0
0
0
0
0
575
575
779
0
7991
7991
0
0
0
0
1053
0
18313
18313
3572

5 ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE

Wages and salaries
Support costs for church services and charitable activities
Resources expended on managing and administering the charity
Capital expenditure – building (restricted)
Total Resources Expended		 Other Costs
Total
Total
2025
2025
2024
£
£
£
0
0
0
19858
19858
19962
18313
18313
3572
94267
94267
0
132438
132438
23534

6 NET INCOMING RESOURCES (RESOURCES EXPENDED)

Total Total
2025 2024
£ £
This is stated after charging Depreciation of tangible fixed assets owned b 0 0
Audit & Accountancy Fees 2400 1680
Professional Fees 7246 0
9646 1680

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2025

During the year no trustee received any Remuneration (2025 - £Nil) During the year no trustee received any Benefit in kind (2025 - £Nil)

During the year no trustee received any reimbursement of expenses (2025 - £Nil)

7 STAFF COSTS AND NUMBERS

STAFF COSTS AND NUMBERS
Staff costs were as follows
Wages and salaries
The average monthly number of employees during the year was as follows
Administrative		 2025
2024
£
£
0
0
2025
2024
0
0

No employee received remuneration amounting to more than £50000 in either year

TANGIBLE FIXED ASSETS

Buildings Equipment Fixtures & FittingsTotal Fixtures & FittingsTotal
£ £ £ £
Cost
At 1st April 2024 0 3770 0 3770
Addition in year 564285 1204 0 565489
At 31st March 2025 564285 4974 0 569259
Depreciation 0 0 0 0
At 1st April 2024 0 405 0 405
Addition in year 0 1162 0 1162
At 31st March 2025 0 1567 0 1567
Net Book Value
At 1st April 2024 0 3365 0 3365
At 31st March 2025 564285 3407 0 567692
**9 ** DEBTORS
2025 2024
£ £
Due within one year 0 0
Cash in hand and at bank 8581 102405
Debtors 0 0
Prepayments 0 0
Total 8581 102405

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2025

10 CREDITORS

Mortgage Payable
Total Creditors > 1 Year		 2025
2024
£
£
-343431
0
-343431
0

11 STATEMENT OF FUNDS

Brought Forward Incoming Resources Resources Expended Carried Forward
Unrestricted Funds £ £ £ £
General Funds 102405 72337 38171 136571
General Funds 1 0 0 0 0
Subtotal 102405 72337 38171 136571
RESTRICTED FUNDS
Restricted funds 0 94267 94267 0
0 94267 94267 0
SUMMARY OF FUNDS
£ £ £ £
General Funds 102405 72337 38171 136571
Restricted Funds 0 94267 94267 0
Total Funds 102405 166604 132438 136571
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Restricted Funds Unrestricted Funds Total Funds Total Funds
2025 2025 2025 2024
£ £ £ £
Tangible Fixed Assets 0 567692 567692 0
Debtors due after more than 1year 0 0 0 0
Current assets 0 8581 8581 102405
Creditors dues after more than one
0		 -343431 -343431 0
Total 0 232842 232842 102405

12 ANALYSIS OF NET ASSETS BETWEEN FUNDS

EVANGELICAL CHURCH WINNING ALL (ECWA) CHAPEL OF INVESTMENT, BIRMINGHAM

Income amd Expenditure statement

For the year ended 31[st] March 2025

INCOME
Tithes
Offering
Thanksgiving
Restricted Income - Building fund
Gift Aid
LESS: EXPENDITURE
Wages & Salaries
National Insurance Contributions
Property rent and rate
Insurance
General Admin Expenses
Sunday School Manual
Printing & stationery
Hotel & Accommodation
Honorarium
Evangelism
Entertainment
Pastor’s allowance
Retreat and conference
Events – New year dinner & Funday)
Welfare Expenses
Postages
IT Software and Consumables
Toiletries and first aid
Travel and Subsistence
Telephone & Fax
General Expenses - Birmingham City Miss
Motor Vehicle Expenses
Legal & Professional Fees
Audit & Accountancy fees
Repairs
Bank charges
Loan & Mortgage fees
Depreciation – Motor Vehicles
Depreciation – Equipment
Depreciation – Fixture and fittings
TOTAL EXPENDITURE
NET INCOME FOR THE YEAR		 £
£
£
£
40958.07
40365.49
15456.01
5781.55
4756
0
94267
0
10966.44
8285.59
166404
54433
0
0
0
0
2560
1870
1726.94
0
1856.29
0
0
0
0
0
0
0
0
0
0
0
0
186
0
0
0
0
0
0
12493
13998
0
0
575.04
779.44
0
0
570
3308
0
0
600
600
51.64
0
3900
0
2400
1680
0
0
101.1
60
7991
0
0
0
1162
1053
0
0
35987
23534
130417
30898
2025
2024		 £
£
£
£
40958.07
40365.49
15456.01
5781.55
4756
0
94267
0
10966.44
8285.59
166404
54433
0
0
0
0
2560
1870
1726.94
0
1856.29
0
0
0
0
0
0
0
0
0
0
0
0
186
0
0
0
0
0
0
12493
13998
0
0
575.04
779.44
0
0
570
3308
0
0
600
600
51.64
0
3900
0
2400
1680
0
0
101.1
60
7991
0
0
0
1162
1053
0
0
35987
23534
130417
30898
2025
2024
30898