CHRIST APOSTOLIC CHURCH Charity Registration No 1173319 Trustees, Report and Financial Statements for the year ended 31 st May, 2024 Christ Apostolic Church Faith Chapel Reports for the year ended 31st May 2024 Contents Reference and administrative details for the year ended 31 May 2024.......... Trustees, Report for The Year Ended 31 May 2024........... Trustees, Report Cont'd............................................. Independent Examiner's Report for Year Ended 31 May 2024...................... Statement of Financial Activities Balance Sheet as at 31 May, 2024............. Notes to the Accounts Notes to the Accounts Cont'd......................................................................... Notes to the accounts cont'd...........................................................................10 st CAC Faith Chapel.. Reports and Accounts for the year ended 31 May, 2024 | 1 Christ Apostolic Church Faith Chapel Reports for the year ended 31st May 2024 Reference and administrative details for the year ended 31 May, 2024 Trustees Paulina Onos Oro Essiivi V Edim Addra Charity Registration Number 1173319 Principal Office Formal Methodist Church Hamil Road Burslem Stock -On-Trent ST6 1BB Pastor in charge Pastor Amos Onanuga Independent Examiner Richard Ogunnaya FCA 8 Silverdale Avenue M38 9QJ. Manchester Bankers NATWEST Bank Lloyds Bank CAC Faith Chapel: Reports and Accounts for the year ended 31" May, 202412 Christ Apostolic Church - Faith Chapel Reports for the year ended 31st May 2024 Trustees, Report for The Year Ended 31 May 2024 The Trustees submit their annual report and the Financial Statements of the Christ Apostolic Church (CAC) FAITH CHAPEL (The charity) for the Year ended 30 June 2023. The Trustees confirm that the Annual Report and the Financial Statements of the Charity comply with the current statutory requirements of the Charity's governing documents and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005 The charity also trades under the name CAC FAITH CHAPEL STATUS: The Charity was constituted under a Trust Deed and registered on dated 7TH June 2017 and is registered in England and Wales with Charity number 1173319. APPOINTMENT OR ELECTION OF TRUSTEES: Trustees are elected and or appointed under the terms of the Trust Deed. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF NEW TRUSTEES: The induction process for a newly appointed member of the Board of Trustees comprises an initial meeting with the Chair and other Trustees, followed by short meetings with the Pastor in charge on the powers and responsibilities of the Trustees. ORGANISATIONAL STRUCTURE AND DECISION MAKING: The Charity is organized so that the Trustees meet re ularl to manage its affairs. The Parish pastor manages the day-to-day administration of &e cKarity. RELATED PARTY RELATIONSHIPS: CAC (Faith Chapel) is a Parish of Christ Apostolic Church (which has parishes all over the world). The parish's relationship with other parishes is governed by an "Agreement of Common Purposes" POST COVID-19 RECOVERY: The Trustees are delighted to see a rapid recovery from the consequences of COVID-19 pandemic. This has reflected in both physical attendance at services as well as donations. Despite return to normal physical services, the Church has continued to improve on its online broadcasts. OBJECTS AND ACTIVITIES: The principal object is the advancement of the Christian faith worldwide and the relief of poverty. To promote any charitable activity for the benefit of the local people. To achieve its objectives, the Church adopted the following strategies.. Running seminars in the Church with proven ministers of the faith to guide members in the various aspects of Christian faith Support for the charities and Christian events, Providing overseas aid and famine relief, and Involving Economic and Community Development The activities for achieving its objectives include: Community outreach events Conferences and events Welfare support to members and public, and Various missionary activities CAC Faith Chapel: Reports and Accounts for the year ended 31" May, 202413 Christ Apostolic Church - Faith Chapel Reports for the year ended 31st May 2024 GRANT MAKING POLICY: The Church supports visiting ministers of the gospel both within and outside the United Kingdom. The Church supports other charities and missionary that shares its objects in advancement of Christian faith and relief of poverty. The Church also give occasional grants to congregational members who are in need. VOLUNTEERS: The Church is grateful to the unflinching efforts of its volunteers who are involved in providing ServI￿S for the Charity. REVIEW OF ACTIVITIES: The Church continue to enjoy tremendous growth in its Physical and Spiritual life during the year, and in the advancement of Christian faith in accordance with the doctrines set out in the Statement of Faith as contained in our Trust Deed. Following the COVID-19 imposed lockdown in mid-march. 2021, the Church has been conducting its activities virtually. We strongly believe that the rapid response of the Church to ensure continuous touch with the Community through the WORD and essential food supplies has paid off significantly. We have invested in Broadcasting Equipment and Technology as well as other Safety materials to achieve this. CAC Faith Chapel: Reports and Accounts for the year ended 31" May, 202414 7h•kn' Cffif4. 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