CAC KINGSWELL MANCHESTER
REPORTS & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
CHARITY NUMBER: 1174387
CAC KINGSWELL MANCHESTER
| Contents | Page |
|---|---|
| Legal and administrative information | 1 |
| Trustees' Report | 2 - 6 |
| Independent Examiners' Report | 7 |
| Statement of Financial Activities | 8 |
| Balance Sheet | 9 |
| Notes forming part of the financial statements | 10 - 12 |
CAC KINGSWELL MANCHESTER
Legal and Administrative Information
CONSTITUTION
The charity is constituted under a Trust Deed with registered charity number 1174387.
TRUSTEES
The trustees who served during year ended were as follow:
Aderemi Efunnuga Jimmy Apantaku Mosunmola Efunnuga Sunday Ibude
CHURCH
22 Garden Crecent Failsworth Manchester M35 0SX
BANKERS
Natwest
INDEPENDENT EXAMINER
Flourish Global Consulting
(A firm with Chartered Accountants & Management Consultants) Unit 9 Challenge House Croydon House Business Centre 1 Peall Road, Croydon CR0 3EX
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CAC KINGSWELL MANCHESTER
Trustees' Report For The Year Ended 31st March 2025
The Trustees present their report together with the accounts for the year ended 31st March 2025. The accounts have been prepared in accordance with the Statement of Recommended Practice 2005 and other applicable laws.
Structure, Governance and Management
The charity is constituted under a Trust Deed with registered charity number 1174387.
a) Method of Appointment or Election of Trustees
The management of the church is the responsibility of the Trustees who are elected and coopted under the terms of the Trust Deed.
b) Policies Adopted for the Induction and Training of Trustees
The induction process for any newly appointed member of the trustees comprises an initial meeting with other Chair and other Trustees, followed by a series of short meetings with the Minister in Charge on the powers and responsibilities of the Trustees.
c) Organisational Structure and Decision Making
The Charity is organised so that the Trustees meet regularly to manage its affairs There is an administrator/account personnel that handle the daily affairs of the charity.
d) Risk Management
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to mitigate our exposure to the major risks.
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CAC Kingswell Manchester
Obiectives and Activities
a) Policies and Objectives
The objectives of the church are to advance the Christian religion for the public benefit in accordance with the doctrines of our Lord Jesus Christ, through the holding of prayer meetings, lectures, evangelism, distributing of literature and tracts, broadcasting and such charitable means as the trustees consider appropriate; and the relief of poverty.
b) Strategies for Achieving Objectives
The Charity has adopted the following strategies for achieving the above objectives: Organising seminars and events with proven speakers and ministers of the faith to guide members in the various aspects of the Christian faith; and support for other charities and Christian events.
c) Activities for Achieving Objectives
Advancement of christian faith Community outreach events. Provision of welfare support to members. Provision of support to other charities. Conferences and Events.
d) Grant making Policies
In line with the object of the charity, to relief poverty and the advancement of Christian religion worldwide. The charity has a policy of supporting missionary organisations who are in need, (this is at the discretion of the trustees).
e) Volunteers
The charity is grateful for the good efforts of its volunteers who are involved in service provision. The charity has a volunteer coordinator to ensure that best value is derived from the sterling efforts of our volunteers.
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CAC Kingswell Manchester
Achievements and Performance
a) Review of Activities
The charity is consolidating the gains of previous development and has successfully ministered to the needs of various social groups within and outside the church. The charity provides forum for manpower development for its members to be equipped, educationally, socially and spiritually. It offers various counselling sessions to the needy, unemployed, and educational and makes referral whenever the need arises.
The charity provides counselling services to members of the community. We have also embarked on various training programmes to equip more church volunteers with the relevant counselling skills that will help them serve the community better. We continue to support and encourage young people by providing a Youth Church where teenagers meet on Sunday afternoon under a caring, supportive and encouraging atmosphere.
The charity still continues to fulfil its main objectives, by creating facilities to help develop the whole man, spiritually, mentally and physically. We have invested time, energy and money into activities and programmes that has helped prevent youth crimes, depressions in people, child abuse and such social vices that are eating deep into our society.
Financial Review
a) Reserves Policy
The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the church should be 3 months of annual expenditure. At this level, the trustees feel that they would be able to continue the current activities of the church in the event of a significant drop in funding.
b) Principal Funding
This is provided mainly through voluntary offerings and tithes by church members and through gift aid scheme. Pledges are also taken for specific projects.
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CAC Kingswell Manchester
Plans for the Future
a) Future Developments
The charity aims as part of fulfilling its main objectives, to continue to explore various ways of spreading the gospel of Christ in an effective manner. The charity is also looking to grow in membership and continue to develop its members to make life-changing impact in society.
Statement of Trustees' Responsibilities
The Trustees are responsible for preparing the Annual report and Financial statements in accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year. Under the law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the trustees are requested to:
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Select suitable accounting policies and then apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
• State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
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CAC Kingswell Manchester
The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the General Directions given by the Charity Commission. 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 irregularities.
Approval
This report was approved by the board of trustees on ...30/01/2026....and signed on its behalf by:
Name:.......Jimmy Apantaku
Signature:....J Apantaku
Date:....30/01/2026
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CAC KINGSWELL MANCHESTER
Accountants / Independent Examiner's Report For The Year Ended 31st March 2025
I have examined the financial statements on pages 2 to 12 which have been prepared in accordance with the accounting policies set out on page 4.
Respective responsibilities of the trustees and independent examiner
The charity trustees are reponsible for the preparation of the financial statements.
The trustees consider that an audit is not required for this year (under section 144 (2) of the charities Act 2011) (the 2011 act).
It is my responsibility to:
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examine the accounts (under section 145 of the 2011 Act;
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follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of unusual items or disclosures in the accounts and, seeking explanation from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, I do not express an audit opinion on the view given by the accounts.
It is my responsibility to form an independent opinion, based on my examination, on those financial statements and to report on my opinion.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
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1) which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare acounts which accord with the accounting records and to comply with the accounting requirement of the 2011 Act have not been met.
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2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Flourish Global Consulting
(A firm with Chartered Accountants & Management Consultants) Unit 9 Challenge House
616 Mitcham Road, Croydon CR0 3AA
Date:...30/01/2026
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CAC KINGSWELL MANCHESTER
Statement Of Financial Activities For The Year Ended 31st March 2025
----- Start of picture text -----
Notes Unrestricted Restricted Total
Fund Fund 2025 2024
Incoming Resources £ £ £ £
Voluntary Sources - tithes, offerings, 4 30,363 - 30,363 23,560
donations, thanksgiving, etc
Miscellaneous receipt -
other income - - - -
investment income - - -
-
Total incoming resources 30,363 30,363 23,560
Resources Expended
Cost of generating funds 5 12,820 11,841
in furtherance of the charity's objectives
Management & Administration of Charity 6 20,669 8,821
Total resources expended 33,489 20,662
Net incoming resources / (outgoing) resources (3,126) 2,898
Other recognised gains and losses 0 0
Gross Transfer between funds 0 0
Net movement in funds for the year -
Net income/(expenditure) for the year (3,126) 2,898
Total funds brought forward 1/4/2024 4,762 1,864
Other balances b/f 607 0
Other transfers - -
Total Funds Carried Forward At 31st March 2025 2,243 4,762
----- End of picture text -----
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CAC KINGSWELL MANCHESTER
Balance Sheet As At 31st March 2025
----- Start of picture text -----
Fixed assets Notes 2025 2024
£ £ £ £
Tangible assets 2 185 0
Current assets
Debtors - -
Cash at bank and in hand 2,558 5,262
2,558 5,262
Creditors : Amount falling due within one year 3 (500) (500)
Net current assets 2,058 4,762
Total Assets Less Current Liabilities 2,243 4,762
UNRESTRICTED FUNDS
Funds £ £
Restricted funds - -
Unrestricted funds 2,243 4,762
Fund balances 2,243 4,762
----- End of picture text -----
Board of Trustees: Name:Jimmy Apantaku
Signature:J Apantaku
Date:30/01/2026
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CAC KINGSWELL MANCHESTER
Notes To The Financial Statements For The Year Ended 31st March 2025
1. Accounting Policies
1.1) Accounting Convention
The Financial Statements has been prepared under the historical cost convention, in accordance with applicable UK Accounting Standards and also with the recommendations in the Statement of Recommended Accounting Practice (SORP) Accounting and Reporting by Charities - issued in October 2000.
The Charity has taken advantage of the exemption of Financial Reporting Standard No. 1 from the requirements to produce a Cash Flow Statement on the ground that it qualifies as a small charity applicable acounting standards and the charities SORP (Statement of Recommended Practice).
1.2) Fund Accounting
General funds are unrestricted funds, which are available for use at the discretion of the trustees in furtherance of the general objectives of the company and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund will then be set out.
1.3) Tangible fixed assets
Tangible fixed assets are included at cost. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost over their expected useful lives as follows :
Fixtures, fittings & equipments 25% written down value Motor vehicle 25% written down value
1.4) Incoming Resources
Income is mainly from voluntary contributions from members of the church and bank interest received which are included in the financial statements.
1.5) Resources expended
All expenditure is accounted for on an accrual basis and are classified under headings that aggregate all costs related to the category on a consistent basis year to year. Management and administration costs are those incurred in connection with administration of the organisation and compliance with constitutional and statutory requirements.
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CAC Kingswell Manchester
| Notes continued........... 2. Fixed Assets Cost At 1 April 2024 Additions At 31 March 2025 Depreciation and amounts written off At 1 April 2024 Charge for the year At 31 March 2025 Net Book Value At 31 March 2025 At 31 March 2024 3. Creditors Other creditors Accruals 4. Incoming resources Unrestricted funds £ Tithes, Offering & Thanksgiving 30,363 Others- JRS Grant - Investment income 0 30,363 |
Motor vehicle £ 0 - 0 - - - 0 0 Restricted funds £ 0 - - 0 |
Fixtures Fittings & Equipments £ 0 246 246 - 61 61 185 0 2025 £ 0 500 500 Total 2025 £ 30,363 0 0 30,363 |
2025 Total £ 0 246 246 - 61 61 185 0 2024 £ 0 500 500 2024 £ 23,560 - 0 23,560 |
2025 |
|---|---|---|---|---|
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CAC Kingswell Manchester
Notes continued...........
5. Cost of generating funds in furtherance of the charity's objects:
| Rent & rates (including light & water) Church outreach, Advertisement & Publicity Honorarium Books & Teaching Materials Welfare Expenses 6. Management & Administration of Charity Charitable donations: Other donations Wages & Salaries Insurance Telephone Expenses Printing, Postage & Stationery Software Expenses Travelling Expenses Repairs & Maintenance Sundry Expenses Bank Charges Church Running Expenses & Administration Accountancy fees Depreciation: fixtures & equipments |
2025 £ 8,307 308 3,850 - 355 12,820 2025 £ 776 - - 40 255 58 2,149 2,742 - 9 14,179 400 61 20,669 |
2024 £ 8,160 1,715 - - 1,966 11,841 2024 £ - - - 30 - - 277 377 - 7,737 400 - 8,821 |
2024 |
|---|---|---|---|
Name:…Jimmy Apantaku
Sign:…J Apantaku Date:…30/01/2026