FINANCIAL STATEMENTS Prepared for CHR18T DIVINE LIGHT MINISTRIES CHARITY NUMBER: 1173863 FOR PERIOD 1ST MAY 2024 TO 30TH APRIL 2026
CHRIST DIVINE LIGHT MINISTRIES CHURCH INFORMATION Trustses Ms Cynthia OWUBU Rev. Joseph A8UO Celestine Afia Serwa8 Bray Registergd Office 49 Windsor Slreet Wolverton Milton Keynes MK12 SAN Examiners Trackrecords Managèment SeNices Limited Unit 7 Cochran Close Crownhll Milton Keynes MK8 OAJ
CHRIST DIVINE LIGHT MINISTRIES FOR THE YEAR ENDED 30th APRIL 2025 REPORTS The Tru8tees pr68ent8 their report and f inancial statements for the year ended 30th April 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT The Charity governing document is a CIO - Foundation ConstitLrtion registered 19th July 2017. The Charity is governed by a board on whiGh the trustees are represenled. It meats regulary to review, plan activiti88 and monitor the financial p08ition. OBJECTIVES AND ACTIVITIES The objects pf the organisatlon are flr8t to advance the Chrlstlan faith In accordance wlth the statement of beliefs for th6 benefit in the Unitèd Kingdom and in such other parts of the world as Ihe trustees may think fit from time to time. Tha tru8t888 confirrn Ihat they have had due regard to the guidance Issued by the Charity Commission on public benefit before deciding what activities the charity should undertake. ACHIEVEMENTS AND PERFORMANCE The Organisation had succ8S8ful meetings through the year in which Indlvldua18 were equipped and educated on Ihe principles and doctrines of the Christian faith. The organisation held outreach rneetings during the year in which individua18 had the opportunity to hear the message of the Christian faith. This has produced good results in reaching and helping members of the community. FINANCIAL REVIEW OF CHARITY The Charity's results for the year and its financial position at the end of the year are fully disclosed in the attached financial Statements. The totsl income for the year amounted to £5,482.70 We are very grateful to all church members who have generously given financially and all help offered in the last year8 to keep the church going. Tangible flxed assets for use by the charlty Ther8 is no movernents in the fixed assets
CHRIST DIVINE LIGHT MINISTRIES FOR THE YEAR ENDED 30th APRIL 2025 Commltt•• of Mémb•r8' r88pon8lbllltiag The charity law requires the committee of members to prepare financial statements for 8ach financial year, which give a true view of the financial activiti88 of the charity and of its financial position at the end of that period. In preparing those financial statements, the committee of mambers is required,. a) SelerA suitable accounting policies and apply them consistenlly., b) Make judgements and estimates that are reasonable and prudent. c) State whether the policies adopted are in accordance with applicable accounting standards and statements of recomrnended accounting practices, subjeGt to any m8teri81 departure8 disclosed and explained in the financial statements; d) Prepare financial statements on a going concern basis unless it is inappropriate to assum8 that the Gharity will continue in operalion. The commltta8 of members 18 responsible for keeping proper accounting record8, which discloses with rea80nable accuracy at any time, the financial position of the charity and to enable them to ensure that Ihe financial statements comply with Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irr8gularitie8. EXAMINERS A resolution to appoint Messer Trackrecords Management Services Lirnited as examiner8 for the ensuring year has been proposed and agreed at the annual general meeting in acroordance with the Charitie8 Act. Approval The report was approved by the commiltae of members on the 1 st July 2025 and 8igned on its behalf Rev Jo8oph Asuo
CHRIST DIVINE LIGHT MINISTRIES FOR THE YEAR ENDED 30TH APRIL 2025 Examlnors Report We have examined the financial statements in this report, which have been ppad following thè accounting policies, set out in the report. Respective r88pon8ibilitie8 of tru8tee8 and examiner8 AS described in report, the trustees of Christ Divine Ministries are responsible for the preparation of financial statemenls. It is our responsibilities to form an independenl opinion, based on our 8xamination, on the statements and to report our opinion to you. Basls of opinion We conducted our examination in accordance with standards charity accounting and independent examination. The examination is on test basis, of the evidence relevant to the amount of disclosures in the financial statements. It includes an assessmenl of the slgnlflcant estimates and judgements made by the committee of the members in preparation of the financial statements and whether the accounting policies are appropriate to the charity's circumstance, consistently applied and adequalely disclosed. We planned and performed exarnination of the documents to obtain all the information and explanations which we considered necessary in order to provide us wilh sufficient evidence to give reasonable assurance that the financial ststements are free form material misslatement8, whether caused by fraud cr other irregularities or error. In forming our opinion, we also evaluated the overall adequacy of the presentation of the information in the stat8ments. Opinlon In our opinion the financial statements give a fair view of the state of the charities affairs at 30th April 2025 and of its surplus for the period ended and have properly prepared In accordance with regulations of Gharities Act. Dat?: 1st July 2025 TRACKRECORDS MANAGEMENT SERVICES LIMITED UNIT 7 COCHRAN CLOSE CROWNHILL MILTON KEYNES MK8 OAJ
CHRIST DIVINE LIGHT MINISTRIES FOR PERIOD 1st May 2024 to 30th Aprll 2025 Income & Expendlture 2025 2024 Unrnstrict8d Funds Unrnstrletad Fund8 INCOME Total Donations 5,482.70 5.230.65 Total Income 5,482.70 5,230.65 EXPENDITURE Bank Charges Church Rent Church Supplies Charitablè Donations General Expenses Gift Pastors Donation Postage Refreshments Telephone Expen8e8 Travel Expen8e8 Depreciation 0.00 1,298.00 450.45 1,620.00 o.oo 0.00 0.00 o.oo 296.33 227.75 1,351.99 0.00 5,244.52 238. 18 0.74 1,188.00 487.59 645.00 94.44 50.80 440.00 16.00 573.80 650.09 897,96 0.00 5,044.42 186.23 NET PROFIT NTIN NG OPERATI Nane of the Churches activities were acquired or discontinued during the above financial period NTOFT TAL RECOGNI AINS AND L SSES There were no recognised gains or Icsses in the above financial p8riod other than the results for the period and, accordingly no statement of total recognised gains and losses has been pr8pared. l approve the above accounls and confirm that I have made available all necessary information for their preparation ev Joseph Asuo CHRIST DIVINE LIGHT MINISTRIES FOR PERIOD 1st May 2024 to 30th Aprll 2025
ACCOUNTANTS REPORT W8 have prepared the 8bove 8ccounts without C8rying out 8n audit and from infonnation from Christ Divine Light Ministries books and records and explanations suppplied to us. Tra¢krecords Managernent Services Limite Unit 7 Cochran Close Crownhill Milton Keynes MK8 OAJ
CHRIST DIVINE LIGHT MINISTRIES BALANCE SHEET AS AT 30th Aprll 2025 202 2024 Notes FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Current Account 1,157 1,157 919 919 CREDITORS Amounts falling due Net Current A88et81 (LiabilÈti88) Total Assets Less Current Liabilities 1,157 1,157 919 919 NET ASSETS I (LIABILITIES) 1,157 919 CAPITAL & RESERVES Profit and loss account Profit and loss rèsarve 238 919 1,157 186 733 919 In approving these financial statements as the Trustee of the Charity, I hereby confirm that these accounts have been prepared in accordance with the provisions applicable to the Charities AGt rustee uo Rev Josoph The financial statements were approved by the board of Trustees . 2025
CHRIST DIVINE LIGHT MINISTRIES BALANCE SHEET AS AT 30th Aprfl 2025 NOTES TO THE FINANCIAL STATEMENTS 1. ACCOUNTING POLICIES a) Basis of accounting The financial statements have been prepared under the historical cost convention. b) Income Income represents various financial donations received to fund the operations of the church c) Depreciation Depreciation is provided on tangible a8set8 at rates calculated to write off the cost of each asset over its expected useful life. The rates u8ed on a reduclng balance are as follows.. Equlpment, Fixture8 & Fittings 250h straight line 2. INCOME The income and proflt for the year is all attributed to the company's principal activity and all services have been provided to the United Kingdom market and some donations have been made to Ghana as aid. PENSIONS The Church does not operate a pension scheme. 3. OPERATING PROFIT The operatlng profit 18 8tated after charging,. 2025 Depreciation of tangible fixed assets Pastors remuneration included Pastors pension contribulions 4. TAX ON ORDINARY ACTIVITIES This represents corporation tax 0% based on profit for the year on ordinary activities
CHRIST DIVINE LIGHT MINISTRIES BALANCE SHEET AS AT 30th Aprll 2025 NOTES TO THE FINANCIAL STATEMENTS 5. TANGIBLE FIXED ASSETS Cost 30th April 2025 Additions At 301h April 2025 Dèprèclation Charge for the year At 30th April 2025 Net Book Value @ 30th Aprll 2026 6. Debtors Debtors Current Account Cash Funds Bank Reconciled 1,126.45 31.00 1,157.45 7. CREDITORS-Amounts falling due less than 1 y•ar Bank Loan >1 year Church Members Loan > 1 year
CHRIST DIVINE LIGHT MINISTRIES FOR PERIOD ENDING 30th April 2025 Detailed Income & Expenditure Unrestrlcted Funds INCOME Offering Tithes Total Income 4,372.70 1,110.00 5.482.70 EXPENDITURE Bank Charges Books Church Rent Church Supplies Charitable Donations General Expense8 Gift Pastors Donation Postage Refreshments Telephone Expenses Travel Expenses Depreciation 0,00 3.75 1,298,00 450,45 1,620,00 0.00 0.00 0.00 0,00 296.33 227,75 1,351.99 0.00 5,248.27 NET PROFIT FOR YEAR 234.43
DepreGiation Date BffiNd cha 02 0.00 0.00 V-20 0.00 0.00 Instruments Total 0.00 0.00 0.00 0.00