Reglstered Charity No- 1174501 Christ Apostolic Church Mount of Rehoboth Trustees. Report and Accounts For the Year Ended 31 March 2024
CONTENTS PAGE Legal and Administrative Details Trustees, Report Independent Examiners, Report Statementof Financial Activities Balance Sheet Notes to the Accounts 9-14 IIPaÈe
REFERENCEANDADMINISTRATIVEDETAILS OFTHECHARITY, ITS TRUSTEES AND ADVISERS FOR THEYEAR ENDED 31stMARCH 2024 Trustees l.Deborah Fatile (Chairnian) 2.Susan Onalaja 3. Oluwakemi Yusuf Charfity registered Number 1174501 Date of charitable registration 05 September 2017 Corbelli Building Cannon Street Willenhall WV13 IQU Principal office Independent examlners ROSAB Accounting & Tax Services Bankers Metro Bank 21Po8e
TRUSTEES. REPORT FOR THEYEAR ENDED 31 MARCH 2024 The BD.Ird DfTrustees, who are the trustecs for charlty law purposes, submlt thelr annual report lind thc financial statemcnts of Christ Apostolic Church Mount of Rehoboth Trust for the year ended 31 March 2024. The Board OfTStee5 confirn)s that the annual report and financial statcnients oFthe Charity complywith current statutory requirements, the requirements ofthe Cliarity'.E governing documcnt and the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Rcporting by Charities (revised 2005).. Structure.governance and management The Trustees who have served duringthe year are set out on page 2 and meet on a regular basis. The Tru5tecs play a primary role in ensuring good governancc and funrtioning ofthe charity. The Board's role. functions and responsibilities are quite clearly defined. The trustees have ultimate control over all the affairs ofthe charity. The Charity currently has a stroyjg team ofAdvis0ry Board meuEbeTS in the UKwho have helped to secure financial support and COTJtribute to the future planning of the organisation. Governlngdocumentr. Christ Apostolic Church Mount of Rehoboth Is an Incorpordted charitable organisation formed on 5th September 2017 and registered as a charity on 5th September 2017. The charity is governed by a CIO foundation registered dated on 5th September 2017. Recntltmentandappointment of trustees: The members of the General Trustee Board are trustees forthe purposes of charity law. New trustees may be appointed by resolution of a meeting of the trustee5. Much ofthe charity's work focuses upon the promotion of the Christian faith, the prevention or relief of poverty. the rnnning and maintenance ofits places ofworship. The Board ofTrustees seeks to ensure thatthe needs ofthis group are appropriately refletted through the diversity ofthe trustee body. The charity sought to identify those who would be wllling to become trustees of the charity and use their own experience to asslst the charity. RiskManagemenL. We are committed to a policy ofideDtifyln& monitorlngand managing the risks that mfght adversely affert the artivities in which we are involved. In this context. risk is defined as the potential to fail to achleve charlty oblecilves and for loss, financial and reputatlonaL Inherent in the onvlronment In whlch we operate In the nature olthe transactlons undertaken. The prtndpal rlsk of the charlty has been Its dependence on voluntary income. Thistees hai'e Inlilated varlou5 processes to mltlgate such rlsl so that the chartty has su1ent reserve in the event ofadverse condltlon[s). JIPaKe
TRusfEES' REPORT FOR THEYEARENDED 315fMARCH 2024 (Continued) Tho Triistces hiive il%0 exinilned other operatlonal and buslness rlsks which they face and confiri)) thilt they liave taken steps to mitigate SiEnificant rlsks that may arise (where applicable). Public Benefit: The Trustces hTrve complied ivith the duty in Section 4 ofthe Charltles Act 2006 and have pald due regard to public bcnefit when preparing thls report The benefit provided to the public is coiisislent with the aims of the charity In UIL Objectives and art5vlties: The principal purpose of the Church is the advancement of the Chrlstian faith in accordance with the statement of beliefs. Other objects of the Church are: l. Advancingthe Christian Religion by Providingpremises syhere rnembers of the Public can Learn about Religion. Any Person is welcome not matter what Race or Relighon. 2. the relief of financial hardship amongthe general public by providing anysuch persons with goods which they could not otherwise afford through lack of means. In reviewlng the objectives and planning the attivities, the Trustees have given careful consideration to the Charity Commission's general guidance on publicbenefit and, in particular, to its supplementary public benefit guidance on advancing the objectives as set out above. The Trustees consider the current artivities as detailed in this report to"deliveT public benefit. Grant Maldng Policles: The church provides support to members ofthe congreEation (atthe discretlon of the leadership team) who arè in need. Financial review: Incomeand Expenditure duringtheyear amounted to £ 139997 & £ 82763 respectively (2023: £ 95977 & £ 83739]. The attached financial statements show the current state ofthe charitys finances. Plans for Future Devel(Jpments: The Charlty plans todevelop varlous fundraising strdtegy to Include mass mark'etfng. Besldes mass marketlng and events. the charlty Is almlng to achleve its targets through securing 41Pag
dDniltloiis from wllllnR Sndlvlduiil.%. A dcvclopmcnt bol¢ rd rnay be crcatcd to help Include other .Ivenues of fundralsing to be Included In the yearly programme. Indcpendent Examlner. The Chiirlty's Indcpcndcnt cxamlner, ROSAB Accounting &Tax Services. has Indlcated their wlllingncss to offer thcmselves fDr appolntmenL This reportwas approved by the Tntee5 on and signed on theirbehalf b. Susa Onalala(SccrctaryJ Date 16111'1'10
INDEPENDENT EXAMINER'S REPORT FOR THEYFAR FNDED 31Th MARCH 2024 INDEI?Tr.NDliNT fiXAMINKR'S RF.PORTTO Tl1F.TRUFF OF CIIRisf AposfoLIC CHURCH MOUIIT l)Tr Rklll)11(PTII I rvi)i)rl lin ilie niiiinrliil 8t11 Ipments ofihe ¢hd1rlty fnrthoyerir ended 31 Mi rch 2024 whlch comprlse rhe 5t.Itenienl Df Fli)ii?dal Actlvlllcs Ilnd 11.Il.Ince Sheel wlth as50clate Moles. Thi% repnrt l m.Idc 4olely In ihc charfjty's TnistecE. 1£ a hody. In accordance with scction 145 ofthe rhii rlllr% Acl 201 l ii iiil reriilolt5011% mi11Ic uniler seciitsn 154 of thdlt Act. My work has been undertaken so tli4lt l iniRht 51lL le lo ihe ch.Irily'S'frustCCf tho%c matters l it m rcqulred to statc to Ihem Sn an Independent cx.In)Ii)rr'% repi)ri.Ind Inr other piirpn%c. To the (ullcst cxlent pcrmltted hy law, I do not accept or a%8iin)e respon51bllity tu anyonc oihcr than the charity and the charity'5 Trustee5 as a body. for my ex.Imli)iilion i¥Drk. Rt5PtcUve Re$ponslbllltles Of Trnstees and Examlner The chiirity'F Trnstce8 ire respon5iblc for the preparatlon of the financial statements. and they conslder tl)li t an Lliidit is not required for this year under scrtion 144[2) of ihe Charities Act 2011 (the Act) and that an indopendcnt cxamination is needed. It15 my rcspons5bility to.. ExaminctheilCCDunt5 (under Section 145 oFtheCharities Act): To folloiv thc procedures laid down in the General Directions ghven bythe Charity Conimissioner5 [under Section 145[5)tb) ofthe Charities Actl., and To state whetherparticular matters have come to my attention. Basls oflndeptThdent Examlnerfs report My exaniin3rion was carried out in accordance with the General Direttion5 given by the Charity Commissioners. An examinatiDn include5 a review of tTrLeaccounting record5 kept bythe Group/Charity and a comparison of the accounts prcseftted with those records. It also Includes consideration of any unusu21 iteFllS or disclosures in the accounts and seeking explanation5 from you as trustee5 concerning any such matters. The procedures undertaken do noi provide all the evidence that would be required in an audiL and consequently FIO opinion 15 Ven a5 to whether the accounts present a'tThe and fairf view and the report is limited to those matters set out In the statement beloiv. IndependentExaminerfs staipment In connettion with my examination. no matterha5 cometo myattention: l) whichgives mereasonable causeto believethat in any material re5pectthe requirements: to keep a¢counting records in accordance with section 130 of theActr. and to prepare financial ststements which accord with the accounting records and comply with the accounting requirements ofthe Act have not been met; or 2) to which. In myopinion. attention should be drnwyn in order to enable a proper understrdnding ol the financial statements to be reached. Slgned: DatLNI: 04IIJ/2025 Reuben Amosu On behalfof ROSAB Accounttng & Tax Sertes 61P38Q
INDEPENDENT EXAMINER'S REPORT FOR THEYEAR ENDED 31 MARCH 2024 INDFPFNDF.NT EXAMINFR'S REP0RTTOTHF.TRuEES OF CHRIST APOSTOLIC CHURCH MOUNT OF RbllOBOTH I rL'P(IM on the Iln.InclLiI.stilt¢iiient.¥ of the chlidty for the year endod 31 March 2024 which comprisethe Stilten)ent of FliiiinclL11 Actlvltlef Lind Hi1.Ince Sheet wlth as50clate notes. Thig rcpnrt 5% mlL dc solcly io ihc thirlty't Trnslccs. as a body. In accordanc¢ wlth s¢Ctlon 145 of ihe Chiirities Acl 21)11.1nd rcKul.ItiDns mlde Under sectlon 154 olthat ACL My work has been undertaken so tli.It I niiglit st1te lo ihe clJLlrity's Trusiees those maltcrs l am rcqulrcd to state to them In an Independent cxamincr'* report i?nd for no other piirpose. To the fullest extent pcrniittcd by law. I do not accept or a5sunie responsibility to anyonc other than th¢ charlty and the charity's Trustees as a body. forrny exiiminL1 lion work Re5pedlvo Responslbllltles Of Trustees and Examlner The cliarity's TnLStecs arc rosponsiblc for the prcparation of the financial statements. and they consider thatai) Liiidit is not requircd forthis year underseLtion IM(2) of the Charities Act 2011 (the Art) and that an independent examination is needed. Itis myre5ponsibilityto- Examino theaccounts (und¢rSection 145 of thecharities Att). To folloiytheproccdures laid dDwn in the General Directions given bythe Charity Cornmi5sioners (under Section 145[5)tb) of the Charities Art); and To ststewhetherparticularmatters havecome to myattentio Basls of Independent Examlnerfs report My examination was carried out in accordance with the General DiTection5 given by the Charity Commis5ion¢rs. An examitlation includes a review ofthe accounting records kept by the Group/Charlry and a cornparison of the accounts presented with those records. It also includes consideration of any tsnusual irems or disclosures in tFLe accounts and seeking explanations from YOU as trustee5 concerning anysuch rnatters. The procedures undenaken do not provide all the eviden that would be required in an audlt, and consequently no optnion is given as to whether the accounts present a'true and fairf view and the report is limrted to those matters set out in the Statement below. IndependentExaminerfs slatement In connection with my examination. no matterhas cometo my attention: l) whichgivts me reasonable causeto bellevethat Inanym3teria] respertthe requirements: to keep accounting records in accordance with sectiott 130 of the Art.. and to prepare financial statements which accordwith theaccounting records and comply wlth the accounting requirements of the Act have not been met.. or 2) to which, irft myopinion. attention should be drnwn in orderto enable a proper UndelandnE0r the finan31 statemetlts to bc reached. Signed.. Dated: 0411112025 Reuben Amosu On behalfof ROSAB Accoundng & Tax Servlces 61 Page
CIIRIST APO8TOI.IC CIIURCII NIOUNT OF RF.IIOBOT SlleMl of FSnnd•l Adhltic ror the )er ¢nded 31 MARCH 2024 Uttrvlrfdrd Rtstrltltd Fynth Ftyhdj Tot41 TolAI Funds 2023 Funds 2024 139.997.(K) Om 139.997.O) 95.977AI Acliiilici in furthernn¢cofih¢chority'$obieLq &ile pfknk o.Tr) O.(KJ Toi•l ltttornl r¢s•ur 139.997. O.frf) 139,997.00 95.977m Rtsollr¢tsUscd C05tof gtDCtJting fitt Costof Dcrii'itits infvnhenntt ofth¢ ckviWsobFtlS Expmdinre on nywtwadminislcritig the ebaTiry 649.th) 53.I29.IK 28985. OA 649.( 43.727m 53.129.00 10.178.fy) 28,985.LW) 29J34. o. o. Totxl Resources Ud 82.763. S2.76i.tK) 83.739.(K) IntomithWIOuiEoinE) RtS•UTtts 57234. OXKJ 1234.(K) 12238.Ix) GI13nd LSe5 -GainsQosses on assets rot om o.Tr) 0.00 0.00 -GailO$s¢s0ivesiKllf assets i et Iloi'emettf In Funds BalxTrce al J APRIL 2011 57234.(K) 26P36.(K) SI234.00 12238 26,036.00 13.798IKI o.IKJ B*lant¢ a131 Dttembrr1024 83270. 0.00 83270.00 2A036.LK) P8ge 7
N,IIAP("F'. illfr.l.T A% A T.11 IIARC'.112024 t¢ l M8ihle 17.925.(K Crren1 Airt Cii74h k. Ilank Ilhl•n 7.1.7h6.(M) 8.111. cr110T%. AmDllllt fAlllng Yllihln irir 'rt Cllrrenl 73,786.N) 8.111.CO Crediloys: AmoNNt f#]liDgdve after MOTC ih4n onc !i•r {.) I'¢1 As5etWbilititt) REPRESENI TED BY: CAPITtlLAccouKr Balanc£ bif IntomeJi&fTClt) over ExF¢ndiiure Balancc at 3 1st DECEMBER 2023 26.036.IAJ 13.798.Tr) 12 ?38.00 Pog¢ 8
CHR15T APOSTOLIC CHURCH MOUNT OF REHOO0Th NOTES TOTHE ACCOUNT8 FOR THEYEAR ENDED 3110%2024 I. AtCOUNfiNG POLKES 1. 01 Acto11 Th& Krwnts hAV9 iwn prèr Urthrtr0c(ifAThWlkn. The ACCnts hRve pr¢pAred In 1h FRS102- The Flnarwl ReF#xliThJ Slandard Applubk In the LIK and RL¥publlc of IrolNxl Hndttscunn1{oAcI2W6 olfvslatonmrtolRwrThts1J Prac¥ce.Ac¢4Lfftlng nd by chArfV. Ib. In¢¢Jmlng R••wre•s ioInleS0Urces &rÈ IlUt on Ihe Sta101 Fknarx4BIPK15wle8 Ly entiU&J tolhe Ir18, the emjnI r4n t¢ quanlified with TE8S(Muble actyrxy. le, R••tsur¢•¥ Exp•nd•d. EXpendrtUt5 KC4xfftlodloTon•n ofKfhos b9clfd he•rys thatwAregth al(x)slTrlated tolhe ¢#le90ry. Where WSL% nn01 be itiwtty BttribLrted to parttuLw heIr> IW ve been albxated to on a bas consistent wlh ot uT$. 1d. Allocatlon and Apptsrtlonmpni of Costs A1¢o5t5 relato iotheW18tIty0IthcharrtatIècryrVY•j rmrknd KoJrdwpy. 1•. Fund ACC0th lthtpstrickn1 fund5 US Sn att0rdw lh8 thathabk otGtres at di%uelon 0ftr tsLthes. R8slriC fvnd5 can OW be used for r8Stricted pwposes itlin oi¥ects olthe tharty. Restsictions a[e8$ed by donor orwhen luNls rnised lor restricted wwes. Oèsigrlatedfvnds hrèf0$ setasujeby ¢hgtDtstees(Jt clunre5trthdgrfThts forts fubJrèwrpJ5es OT 1f. DeFK¢¢lallon Depreriationhas been prov•Jed atthelc4knwl rnles in Udertol df Ihe asse15 over tsirtstirrAteO useful fves. Eqprrt- StrdwJht line melh(xJ 25% lg. Turnover Tumover reweSts theIrWlvaÈ clgcths sew$upplI by therAimparry. netofvalue a(kledlax aN5 Irade
CHRIST APOgTOLIC CHURCH MOUNTOF REIIOBOTH NOTC5 TO THC FIANCIAL STATCMCNTS 2 DC4A7A)NS AND SIAILAR N¢oiie Til, Oltorinps GiflAld Hkllc TOTAL hfOIWP40 IUNRESTRICTEDI RESOURCES J COST OFGENERAnNG FllkY> Prfniinp&Adv&thomerf 4 COSTQFACTNITFES IN FURTHERANCEOFCHARITf50BkCT 132.732A)O 78.529.ts) J39,99LOL a5.919 2024 17.382.(Kl 13.8T2. 4.975. 7.987.Tr) 645.tfi Evary&%srn & MsslDneYpgn>ès e DEpTrrtmenl Youth ltry SuThYaySC Dep8rMrt Vthng Crw& Hork)rnrfum & Kkni KMbers& puWtwell¥8 Chanlobh3 Donalrn8 7,19J.C 2.575.00 3.97&C¥J 18,204.( 16.3C6. 450.C 5 EXPENDITURe ON MANAGWGIADMINISTERING OFThE CWIRirY W¥5 arwj N LlphL hoal& wator Sutscrip Adrrirystration & oFernh costs TeleFthone & QthèrconwwnKJn Syste 2D24 4,7. 1.329. 3.11&00 1,3CQIK) 4,481.IKI 419.OJ 1.189.00 Chureh sttr48re Purchase 575.tK) Repair5 and mainknar LW and p1en es 1.(.00 1.080.00 746.th) 4.89&00 lknvan aftd trelliryJ exper Claimext*r Tolel hired 3.679.rMI 4.18B.00 1,424.00 2.105.(M) 17.tKI Bank¢rgl 1(K).OJ Drinkwater 185.IMI Wasle Disp)$81 1,349.00 TOTAL EXPENSES 6 FUNDS Total AI I APRIL 2073 26.036D) 28..(1 13.798.O) Su(dlI fr¢theJear TraNsferol lund$ 57234 57.fJ4. 12238. At31 M•rch2024 Page 10