CAC KINGSWELL MANCHESTER
REPORTS & FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
CHARITY NUMBER: 1174387

CAC KINGSWELL MANCHESTER
Content8
Page
Legal and admt'nistrativ¢ inforniation
Trust¢¢s' R¢port
lodcp¢ndent Examtners, Report
Statement of FinAncial Activities
Balanc¢ Sheet
Notes forniing part of the financial 8tAtements
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CAC KtNGSWELL MANCHESTER
*] and Admlthr*ilve InfOn￿(kIn
CONSTITUTION
The cbarlty is conSti￿led under 8 Trnst D¢&1 with ￿giStered clwity numiw 1174387.
TRUSTEES
The trustees who served th￿Ing year ended were as follow:
Ad¢runi Efunnuga
Jimmy Apantsku
Mosunmola Efunnugd
Sunday Ibud¢
CHURCH
32 Ivy str¢¢t
Manchester M40 9LN
Natw¢st
INDEPENDENT EXAMINER
Flourish Global Consulting
Unit 9 Challenge House
Croydon House Busin￿ Centre
I Peall R(b*L Croydon CRO 3EX
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CAC KINGSWELL MANCHESTER
Trustees, Re
ort For The Ye8r Ended 31st March 2023
The Trustees present th¢iT W together with the accounts for the year ended 31st Match
2023. The accounts have been pr4Jared in accordance with the StatcmeDt of Recommended
Practice 2005 and other apph"cable laws.
Struetu Gov
rn%Dte and
The chanty is ￿￿￿tuted under a Trust Deed with re￿Stered chanty number 1174387.
a) Method of Appointment or Electioj of Trnstees
The maDagement of the church is the rwrt)nsibility of the Trustees who are elected and
coopted und¢T the trrn]s of the TTh￿t l)ed.
b) Policies Adopted for the Inductlon and Trakniug of Trustees
Thc induction process for any newly appointed ￿em￿r of the tDJStces comptises an
Initi￿ meeting with other Chair and other T￿￿tee$. followcd by a ￿ri¢s of slKbrt tneetings
with the Minister in Charge on the powers and respoDsibilities of the Tnjstiyx.
e) Organlsational Struetsre aDd Deeislon Maklllg
The Ch￿lty is orgallised so that the T￿￿e¢S meet rcgularly to its aff￿r5
There is an ￿l￿tOr/aCCO￿llt persow)el that handle the daily affoirs of the chaTity.
dl Risk Management
The Trnstees have assessed the major risks to which the charity is extM)sed. in particular
th08e relat￿ to the operntions and financ4s of the charity, and are satisfied that sfftms
are in pla¢¢ to mitigate our exposure to the n)2jor nsks.
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CAC Kingswtll MaDchester
Obiethes and Actlviti
a) Policles and Objectives
The objectives of the cburcb ar¢ to advance the thi8tiaD reIigiou for the public bcDefit in
accordaD¢e with the doctrin¢s of our LDrd Jesus CbrisL througb the holding of prdycr
meetiDgs, lectures, evangelism, dAstributiDg of literature aDd tracts, bmadthstiug and such
charitsble means as the trustees consider appropriate" the relief ofpoverty.
b) Strategies for Achieving Objeclives
The Charity has adopted the following strategies for achieving the above objectives."
Organi8ing s¢minaTS and events wlth proven speakers and tninisters of the faith to guide
members in the various &spects of the Christian faith; and SUPPK>rt for other charities and
Christian events.
c} ActI￿tieS for Achlevlng Objeetlves
Advancement of chTiStian faith
CommuDity outreach events.
Provision of welfare support to member&
Provision of support to other chatities.
Conferences and Events.
d) Grant making Policies
In liae with th¢ object of the charty, to relief w)vety aud the advancement of Christian
religion worldwide. The c]wity has a ￿lIcY of Sup￿rtIng n)issionary organisatiolls
who are in (this is at the d]"scretion of the tn]sttts).
e) Volunteers
The cbarity is grateful for the g(￿d efforts of its volunteers who are involv￿1 in seryice
provision. The charity h&s a volutsteer c(KJrdinator to ensure that best vaIue is derived
from the sterling efforts of our volunteer3.
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CAC KIDg8)vell Manchester
Achievements and Performance
*) Review of Activities
The charity is consolidating the gains of previous development and h&$ successfully
ministered to the needs of various social groups within and outside tb¢ church. The charity
provtdes fonmj for manpower development for its membcr5 to be equipp&L educationally,
socially and spiritually. It o
et5 vario￿ counsellmg S￿s1OnS to the needy. unemployeiL and
education81 and makes refen81 whenever th¢ need arise&
The chaThty provides counselling services to membets of the community. We have also
embarked on vaTiOUS training programmes to equip more church voluDtem with the relevant
counselling Skills that will help them serve the eomrnunity better. We continue to support and
encourage young p¢ople by providing a Youth Church where t¢¢nagcrs meet on Swiday
afternoon under a carin& supportive and encournging atmosphere.
Th¢ charity still continucs to fulfil its n]2Tro objectives, by ctvatlllg facilttics to help develop
the whole man. spiribjally, mentslly and physically. We have invested time, energy and
money into activities and programes that h&s helped prevent youth crimes, dwessions in
p¢opl¢. ¢bild abuse and such social vices that are eating deep into our society.
Financial Review
g4} Reserves Polley
The ITUSte¢s hav¢ establisbed a policy whereby th¢ unrestricted fi]nds not committed or
invesied in tangible f]x¢d assets Cthe free held by the church should be 3 months
of amiual expenditure. At this l¢v¢l, the trustees fe¢1 that they would be abl¢ to continu¢ the
cU￿¢￿t activities of the church ill the event of a significant drop in fundin
b) Prlllclp&l Funding
This is provided mainly through voluntary offerings and tithes by ¢huTch memkn atKI
through gift aid scheme. Pledges are also tsken for spectfic projccts.
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CAC Kfnywell Manchestsr
Plakns for the Futhre
) Future DevelopDJents
The charity aims as part of fulfilling its main objectives. to continue to explore various ways
of spreading the gospel of Christ tn aD effective ma[￿er. The clwity is also l(K)king to grow
in membership at¥1 contmue to develop its membet5 to make life-changiug impa¢t in soci¢ty.
ststement of Trn8tees' R¢spon8ibilits¢s
Th¢ TnJste¢s are tesponstbl¢ for PTepaTing the Annual report and Financial statements in
ac¢ord2nce with appltcable law and re￿￿ations.
Company law requires the Tn￿te¢S to prepare financial statements for each financial ye8r.
Under the law the Trustees have elected to prepare the finan¢ial stat¢ments in ac¢ordall¢e with
United Kingdom G¢nerally Accepted Accountsng Practice (United Kingdom Accounting
Standards and appli(%ble law). The financial statements are requir&1 by law to give a true and
fair view of the state of affairs of the charity and of the sU￿lUS or deficit of the charity for that
p￿10d. In prep￿ing these financial statelllents. the tr￿tee8 are wted to:
. Sel¢ct suitable accounting policies and then apply them consist¢nlly,
• Make judgements and estimates that are re&sooable and pnty.
• Stsie whether applicablc accounting standards and statements of recommended practice
have been followe41 subject to any d￿lart￿ disclosoj and explaine4J in the financwi
statement8.
. Prep￿￿ the fjnancial statements on the going concern b&sis unless it is inappropriate to
pr¢sunJe that the charity will continue in operation.
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CAC KJDgswell Manchester
The TTh￿tee8 aTe responsible for keeping proper accounting records. which disclose with
reasonable accuracy at any time the financial position of the charity and to enable thcm to
ensure that the financial statements comply with the General Directions given by the Charity
CoTDmission. They are also rwonsible for safeguarding the assets of the chaTity 2nd hence
for taking reasonable steps for the prevention and detrction of fraud and other irreglllarities.
roval
This repott approved by the EK>ard of tr￿SteeS on....
its behalf by.
Si￿ed OD
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CAC KINGSWELL MANCHESTER
Accountants I Inde dent Ex*mlDer'5 Re
rt For The Year Euded 31st M*rch 2923
with tht act¢)uatiD8 Fx)licies s¢t out OD P8¢ 4.
Respe¢tive rtswjusibilitles ofthe tr•steos iDdepeDdent ¢s*miBer
Tr trustees considerthal a￿11¢ is Dot forthis year (un&r $￿tIOn 144 (2) of the ¢haritie
Act 2011) (the 2011 a¢t}.
It is w re8rx)nsibility to..
' exatlline the accounts luuder 5ectk)th 145 of the 2011 A¢¥
. follow thepThK&luYcs laid (k)wTr in the General DirectiODS g¥ven by Cb*ity CoDmJi¥ion
{uod¢r seetion 14515Xb) of the 2011 ACL and
to stth whetkn ptrticular matt￿5 h&ve Corne ￿ nxyattentio
Baiii of Independellt exa4thieT'S re￿}rt
Commission. An ex2tniDation includes a reviewof the ￿x0￿￿tIll8 ￿rdS kept by the OTEanisation
and a compatison of the acc¢)Wlts pr¢sented with those re£orth. It ajs) includes consideration of untK%ual
It¢￿￿$ or disclosures iti the atto¢qts an¢L sttkiDg cxplaTthon from JThJ &$ conccrnittg 3ny such
mattets. The prot¢dures th) notprovid¢ all the evidU￿e that ￿Uld be r¢qui]Ed in an audtt
Jt is my r¢srA>rLsiTrility to fornj cyin10￿ based my ex8mm8w OD those fin8n¢ial
llldepende*t Examiner's Ststement
ID cono¢ction with myexatlljT￿o￿ rKp Matterh￿ CO￿ toJnyait¢fjlioJL
l) whirh ￿yeS ME re&g)]xblc Ca￿Te to t¢lae¥t Ib￿ in atty Trsrrtt the rcquuc
. to keep a¢couDting rccor&8 in accordance wÈth stction 130 of the 2011 A¢¢ and
TequirenTht of the 201 l Act È>ot beeD met
2) io vthicty in my op￿]￿ attention should be dxawn in order to enable a prw WKle[￿lllg of the
accounts to be rf4cb&t
Drmichael Ikum0￿￿ln- FCCA FCA FF& FAW PbD
For and on b¢half of Mourlsh GtobAI CoDsulllDg
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CAC KINGSWELL MANCFtESTER
stste￿t ofNNDeial Athit*5 ForThe YevEAded 31# March 21123
Totsi
VoIuntRry&urctts. tith¢5, Offe1￿
donations, t1&9th￿viD& et
35949
35,949
13.124
Misc¢Itaneous ttteiw.
7,855
Tot41 11K￿MI4¥ r*s0￿r
35.949
3S949
2Q979
Co%t of 8eu¢ratiug fund5
fijrtherntsce of the chatiW8 objcciivps
13231
&16
20.774
J8,828
Tot￿ re￿ree5 exp¢•thd
2&988
Oth¢r ]EcogbIs￿ 8aills and l(we5
Gross TraTJsf¢r ffiJnd8
Net moveJDeut th funds for the yw_
Net i*omel(expenditsre) for the year
Total fjjttds brou8ht f(rnrd 114r2022
Oth¢r baJaNccs Wf
owj
(&))
S￿9
Tot*1 FvDd¥ C*rrted F•nv*rd At31st MAr¢h 2

CAC KINGSWELL MANCHESTER
Bal￿￿e Sheet As At 31tt Martth 2023
nxed #ssets
2023
02
TOn￿ble assets
Current 45sets
D¢btOTS
Ca56 at bank and inh&￿1
2J64
1364
Credltors: Awu#t f*lling due witbth •n¢ yar
Netturre4tasxt8
{801
To￿Allets L*ss CuTr¢ttt UabMiti¢
80)
Restricted fut*ds
Unrestricted fuaj
(80)
80
Board •f Trwsttes: Name..
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CAC KINGSWELL MANCHESTER
Notes To Tbe FiDandal Statenknts For The Yur EJNled 31st M*rch 21123
l. At¢ountlllg PoMel¢s
1.11 A¢eounllllg ConveDIIo
Thc Fitt•]cial StB*m¢nts bas beeo ptyNI uthth¢ h￿tOrIc￿ cooveDtion, in accordattrt with
applicablc UK Ac¢ouniin8 Standards 8Dd also WEth the tewmmend¥i0Tr8 in th¢ Sfatement of RecommcndeAJ
Ac¢ounting Practi¢c (SORP) AccountiDg and Rep(rtiD8 by Ctrthrits"es- t89Jed in (krober 20￿).
Thc Charity has 18ken advanthgc of the ¢xemNion of FitwKial Rewtin8 Stsnd4rd No. l from thc
4uuem¢nts to produce a C15h Flow Ststetnent on the Ibat it qu￿trIeS as a sn)all charity applieable
acounting 5taDdards And the charitr.es SORP {Statement of Recornmended Prncticel.
J2) Fund Acfotsnthi8
Oeneral fi￿dI are unTtstricted fund& whicll art available for use at the discretson of the tn*tee8 ID fiJrth¢rAnce
of the genernl objectives of the company and which have Dot E¢¢n desi8nat¢d fot other purposes.
DesigJ]ated ffijnds comprise unrestricted fuDth that ￿ve bcea set a8fft(k by thc trustees for parricutar puTpo8eS.
The aim and of each fiuMI will th¢n be Set OUL
IJ} T*nglble tlxed
Tangible fixcd assets are InclUd￿J Dt ca
Depwiation rs provided on all tan￿ble fix￿ at raies calcula*d to writs off th¢
cost ovcr Ih¢ir ¢xpect¢d wful lives as follows=
Fixtur¢5. fJtting8 & equipments
Motor vehicle
25% written down valu¢
25% writt¢D thwu t*￿￿¢
IA) Incomlrt% Re￿￿re
Incomc ES m•inly frorn volunthry wntributions from membeTS ofthe ¢hurch aTrJ bank interest
eived which are included tll the fwncial thl¢ments.
1.5) Remurtes expended
All cxpcndiftwe is accounted ftsron an a¢¢n￿ b&si& and are classified undtr h¢4drnp that ag8regate costs
rel&led ￿ the category on a ¢oL8iMent b&%is year th yew. Mana8ement and athnintstralinn costs are those
in(Urr￿ Iri ¢ODILeciion with of the orgaDJsJtiOD WKI wmpliatice with con￿l￿tiOnall and
Statstory r¢quirements.
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CAC Kl4gsweU Man¢hester
Notes eootln￿eL._..
2. Flxed Assets
Motor
vehlele
Ftxfu
Fltting5 &
Equlpjnents
023
Totsi
Colt
Ai i April 2022
Addition8
At 31 Mgreb 21123
Deprecla(torA *mouDts Writt¢Tr off
At l April 2022
Charge for the year
At31 Mar¢h 2023
Net Book Value
At31 Mareh 2(123
At31 Mareh 2022
3. CTedltor8
2023
22
Other cr￿]1￿[$
AecTh￿S
500
960
500
960
4. Incoming Tesoureei
Unrestricted
funds
Restricted
funds
Tot•1
2023
Tithes. Offering & Thanksgiving
Others. JRS Grant
Investment inoome
35,949
35.949
13.124
7.855
35.949
20979
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CAC KIn￿well Monehe5ter
Notss eoDtknueL.-...-
Cost of geDerstlng fund$ In furtthera￿e
of the chority'$ obj¢ets..
Rent & rates {including light & water)
Chuirh Outreach. Advertisement & Publicity
Books & Teachin¥ Mat¢rtd5
welfa￿ Expcnses
8,160
1.060
218
3,793
B,100
13
8,160
6. Man#¥ement & Admllllstradon ofch4rlty
Churitable dollatiotLS'.
Otherdonari￿n&
Wages & s￿￿Ties
Insut￿Ce
Telephone Expenses
Ti'avellsng Exi)&Jlb¢
Li8ht. Fleat & Power
Repa￿8 & Maitiienan¢e
Sundry Expense5
Bank Charge
Church Runoin8 Exp¢Th5¢8 & Athni#istration
Account8ncy fee5
Depre¢iatiort.'
fiKturc3 & ¢quipments
12.052
15,914
63
201
100
323
7,618
400
2,451
400
20,774
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