2025-03-31-accounts

UK PCEA

_________ REGISTERED COMPANY NUMBER: 11256448 REGISTERED CHARITY NUMBER: 1181416

UK PCEA

REPORT AND FINANCIAL STATEMENTS FOR

(UNAUDITED)

YEAR ENDED 31ST MARCH 2025

J & T LEXINGTON SERVICES LIMITED

8 HOLME CLOSE, REDHILL GRANGE WELINGBOROUGH NN9 5YF

UK PCEA

Page CONTENTS 2 Charity information 3 Trustees’ Report 4 Independent Examiner’s report 5 Income and Expenditure Account 6 Balance Sheet 7 Notes to the Accounts 8 – 11

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UK PCEA

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 11256448

Registered Charity number 1181416

Registered office

St Matthew’s Church, Dyson Road, Stratford, London E15 4JX.

Trustees

Timothy Karanja Wanjohi Anne Achola Dr Paul Onginjo Gladys Ngunjiri Ruth Muiruri Purity Mwangi Peter Muturi Kimani Stephen Muchemi Njoroge Ayub Wairia

Treasurer

Stephen Njoroge Muchemi

Secretary Ruth Muiruri

Accountants

J & T Lexington Services Limited 8 Holme Close Redhill Grange Wellingborough NN9 5YF

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UK PCEA

Trustees’ Report

The Trustees have pleasure in submitting their report, and accounts for the year ended 31[st] March 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 9, and comply with the statement of recommended practice.

Constitution, objective of the charity, principal activity.

The charity is governed under a memorandum and articles of association dated 15[th] March 2018 with company registration number 11256448 and UK registered charity no. 1181416.

The objectives of the charity:

To advance the Christian faith in accordance with the statement of beliefs, in the United Kingdom and Other parts of the world in such ways as the trustees from time to time may think fit, and to fulfil such other purposes which are exclusively charitable according to the laws of England and Wales and are connected with the charitable work of the charity.

The ministry is involved in Christian outreach programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ.

Review of the financial position

The charity made a surplus for the year amounting to £111,493. (2024 surplus £47,897)

Approval

The report was approved by the board of trustees on …………… 2025 and signed on their behalf by:

Ruth Muiruri ………………….

Trustee

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UK PCEA

Independent Examiner’s Report To the Trustees

UK PCEA

I report on the accounts of the church for the year ended 31[st] March 2025 set out on pages six to eleven

Respective responsibilities of trustees and examiner

The trustees of the charity are responsible for the preparation of the accounts. The charity’s trustee consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:

• 1) Examine the accounts under section 145 of the 2011 Act.

• 2) Follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act) and

• 3) 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 charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations 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 no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statements below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

1. which gives me reasonable cause to believe that, in any material respect, the requirements

2. to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006;

3. to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice and Reporting by Charities have not been met; or

4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Joseph Kinuthia CPA, DMS, MBA J & T Lexington Services Ltd 8 Holme Close, Redhill Grange Wellingborough NN9 5YF

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UK PCEA

Statement of financial activities for the year ended 31[st] March 2025 Incorporating the Income and Expenditure Account

Note Incoming Resources Incoming resources from generated funds Tithes & offerings Other income Gift aid Interest received Total Incoming Resources 2 Resources expended Charitable activities Rent Subsistence Travel Misc expenses Gifts and Donations Insurance Professional fees Repairs & Maintenance Salaries & Wages Events, Conferences & Refreshment Evangelism & Guest ministers Depreciation of fixed assets Total resources expended Governance costs 3 Net incoming/ (outgoing) resources Balance carried forward at 31stMarch 2025	2025 £ 270,308 7,571 56,428 3,074 337,381 43,215 21,487 - - 1,100 306 5,263 4,768 52,572 54,724 33,573 7,980 224,988 900 225,888 111,493 111,493	2024
		£
		251,030 10,584 56,005 2,212
		319,831
		35,358 23,305 45,956 5,470 4,425 306 9,091 4578 23,342 69,688 41,517 7,998
		271,034
		900
		271,934 47,897
		47,897

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UK PCEA

Balance Sheet as at 31[st] March 2025

Fixed assets Tangible fixed assets Current assets Debtors Cash at bank and in hand Creditors - amounts falling due within one year Net current assets/(liabilities) Net assets Represented by: Funds of the charity Reserves Net incoming resources Total funds	Note 4 5 6	2025 £ 149,496 56,428 230,834 287,262 (900) 286,362 435,858 324,365 111,493 435,858	2024 £
			146,886 56,005 122,374
			178,379
			(900) 177,479
			324,365
			276,468 47,897
			324,365

The financial statements were approved by the Trustees on ……………2025 and signed on their behalf by:

Ruth Muiruri ……………………………....................... Trustee

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UK PCEA

Notes to the financial statements for the year ended 31[st] March 2025

1. Accounting policies

a) Accounting basis

These accounts have been prepared on the receipts and payments basis under section 42(3) of the Charities Act 1993 and the Statement of Recommended Practice on Accounting by Charities published in March 2008. The adoption of the revised SORP has resulted in reclassification of some items.

b) Incoming resources

i) Voluntary income

Voluntary income is received by way of Tithes offerings, donations and gifts and is included in full in the Statement of Financial Activities when receivable.

c) Resources expended

All expenditure is accounted for on an accruals basis.

d) Fixed assets and depreciation

Fixed assets are included at cost. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life using reducing balance method.

Church equipment and Instruments 12%. Building 1%

e) Restricted and unrestricted funds

Income received for restricted purposes is included in a separate restricted fund against which appropriate expenditure is allocated. Restricted funds are those funds which represent grants and donations for a specific purpose. Upon full performance of the purpose of the grant, any surplus is then retrievable by the donor. Income generated for the objects of the charity without further specified purpose is allocated to unrestricted funds. Accumulated surpluses may be retained by the church and are expendable at the discretion of the trustees in furtherance of the church’s objects. There were no restricted funds during the year.

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UK PCEA

Notes to the financial statements for the year ended 31[st] March 2025

1. Accounting policies (continued)

f) Designated funds

Designated funds are allocated out of unrestricted funds by the trustees for specific purposes. The use of such funds is at the trustees’ discretion. There were no designated funds during the year.

g) Irrecoverable VAT

The church is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.

h) Cash Flow

The church has taken advantage of the exemptions in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small church.

2. Incoming resources from generated funds

Tithes and offerings Gift aid – received	Unrestricted £ 270,308 56,428 326,736	Restricted £ - - -	Total funds 2025 £
			270,308 56,428
			326,736

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UK PCEA

Notes to the financial statements for the year ended 31[st] March 2025

3. Governance costs

Accountancy fees	2025 £ 900 900	2024 £
		900
		900

4. Tangible fixed assets

Cost At 1stApril 2024 Additions At 31stMarch 2025 Depreciation At 1stApril 2024 Charge for the year At 31stMarch 2025 Net book value 2025 Net book value 2024	Building £ 115,000 115,000 3,416 1,116 4,532 110,468 111,584	Motor Vehicle £ 13,923 13,923 3,481 2,610 6,091 7,832 10,442	Church Instruments & Equipments £ 33,017 10,590 43,607 8,157 4,254 12,411 31,196 24,860	Total £
				161,940 10,590
				172,530
				15,054 7,980
				23,034
				149,496
				146,886

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UK PCEA

Notes to the financial statements for the year ended 31[st] March 2025

5. Debtors

HMRC	2025 £ 56,428 56,428	2024 £ 56,005
		56,005

6. Creditors – amounts falling due within one year

Other creditors and accruals Accountancy fees		2025 £ 900 900		2024 £ 900
				900

7. Financial commitments

Capital Commitments

The church had no capital commitments as at 31[st] March 2025.

Operating lease commitments

The church had no operating lease commitment as at 31[st] March 2025.

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