OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-11-30-accounts

CHRIST REVIVAL MIRACLE CHURCH

Charity Registration Number 1186439

Financial Report for the period to 30 November 2024

Registered Address: 10 Curnick's Lane, West Norwood, London SE27 0UT

CHRIST REVIVAL MIRACLE CHURCH

Charity No. 1186439

Financial Report for the period to 30 November 2024

Contents
Page
Charity Information 1
Trustees Report 2
Income & Expenditure - SOFA 3 - 3A
Balance Sheet 4
Notes to the accounts 5 - 8
Independent Examiner's Report 9

Christ Revival Miracle Church

CHRIST REVIVAL MIRACLE CHURCH

Charity No. 1186439

Financial Report for the period to 30 November 2024

Charity Information

Trustees Johnson Temitope Oreyeni Mary Olajumoke Solomon Toluwani Faith Oluwa Ganiyu Mohammed Abdulahi Olubunmi Henrietta Adeyemo Registered Address: 10 Curnick's Lane West Norwood London SE27 0UT Registered Charity Number: 1186439 Accountants: Valiant Waters Associates 15 Marden Road Croydon CR0 3ET

Christ Revival Miracle Church

Page 1

Trustees Report Chdsi R￿¥41 Mlracl8 Churth registeréd as a Chaty Irwwr8tsd Organhatknn on the 19 Novembor 2019. Tho m8in ofth• charttyara to.. advancè tha thristian faith for tha b8nefft of the public through tha holdings of meatings. lecbJr88, produclng and diqtrbuting thristian iitaf¢iure t¢ 8nlwJM•n olhors aboJl ¢hrisUanity and Ihrrwh broad¢￿ting ev8ng9lksti"c and ts¥l%ng m8s88ges,' estsNl8h and run churthes. Wo continued to adv8rt8 ourobfvctN8$ in ts ￿Jr86 of the year, 8ThJ %ill J¢hiove more of those ObJ'ti￿S In the fulurD. Och￿¥8m8rttQI our obie&iw d8P8nd grtratyon Ihe cethtwlons of ourdlllgonl doTrJr8 and volun18arn f ich ￿ are everso grateful. The fO1￿4r￿J 8eNed as the trustees during thè >ar uTrJerr8po Johnson T$mrfope Or￿n1 Mary 0￿mOk& Soknon Tcduni Farth Olu GoniyLJ M¢arnrnedAbdu&hi 0￿jb￿rnI Hènrfotta A46ye Swngd 08h8Lfofthe fru8tea•'. Nama.. Ganlyu hammed A￿d￿h1 &'gnabJra.' 2¥Feb-25

Charity No. 1186439

CHRIST REVIVAL MIRACLE CHURCH

Financial Report for the period to 30 November 2024

Income and Expenditure Account

Income
Expenditure
Cost of Sales
Preaching Charges
Gross Surplus
Administrative Expenses
Travel & Subsistence
Telephone/Broadband
Expensed Equipment & Furniture
Administrative Costs
Bank Charges
Retreat & Convention
Rent & Hire
Volunteers
Printing
Professional Fees
Total Administrative Expenses
Net Surplus Before Tax
Corporation Tax Payable
Net Surplus After Tax
2024
£
5,603
-
-
5,603
-
-
-
250
-
2,676
-
-
-
600
3,526
2,077
-
2,077
2023
£
6,059
-
-
6,059
-
-
-
264
-
3,900
-
-
-
600
4,764
1,295
-
1,295

Christ Revival Miracle Church

Page 3

CHRIST REVIVAL MIRACLE CHURCH

Charity No. 1186439

Financial Report for the period to 30 November 2024

Statement of Financial Activities
Unrestricted
Restricted
Total Funds
Funds
Funds
2024
£
£
£
Incoming Resources
Donations
2,927
2,676
5,603
Total Incoming Resources
2,927
2,676
5,603
Outgoing Resources
Charitable Activities
-
2,676
2,676
Governance
850
-
850
Total Outgoing Resources
850
2,676
3,526
Net Incoming/(Outgoing) Resources
2,077
-
2,077
Transfer between funds
-
-
-
Funds Brought Forward
28,652
-
28,652
Funds Carried Forward
30,729
-
30,729
Total Funds
2023
£
6,059
6,059
3,900
864
4,764
1,295
-
27,357
28,652

Christ Revival Miracle Church

Page 3A

CHRIST REVIVAL MIRACLE CHURCH

Charity No. 1186439

Financial Report for the period to 30 November 2024

Balance Sheet as at 30 November 2024
Note
ASSETS
CURRENT ASSETS
Debtors
6
Cash at bank and in hand
Total Current Assets
CREDITORS: Amounts falling due within
one year
7
NET CURRENT ASSETS
NET ASSETS
Reserves
Reserves represented by:
Unrestricted Funds
8
Restricted Funds
2024
£
£
2024
£
£
2023
£
-
-
31,329
29,252
31,329
29,252
600
600
30,729
28,652
30,729
28,652
30,729
28,652
-
-
30,729
28,652
-
29,252
29,252
600
30,729
28,652
30,729
28,652
-
-
30,729
28,652

The financial statements were approved by the trustees on 24 Feb 2025 and signed on their behalf by:

Ganiyu Mohammed Abdulahi

Signature:

The notes to these accounts form part of these financial statements

Accounts compiled, based on representations of the trustees by:

Valiant Waters Associates Accountants & Management Consultants 15 Marden Road Croydon CR0 3ET

Date: 24-Feb-25

Christ Revival Miracle Church

Page 4

CHRIST REVIVAL MIRACLE CHURCH

Charity No. 1186439

Financial Report for the period to 30 November 2024

1 ACCOUNTING POLICIES

1a Basis of accounting

The accounts have been prepared under the historical cost convention in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) and comply with the with the Companies Act 2006, and on accrual basis. The principal accounting policies adopted in the preparation of the financial statements are as follows:

1b Tangible fixed assets

Fixed assets costing in excess of £2,000 are capitalised and are shown at historical cost.

Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its estimated useful life, by the straight line method, over the following periods:-

Leasehold improvements over 3 years Computers over 3 years Fixtures, fittings and equipment over 4 years

No fixed asset above the £2,000 was purchased in the year, therefore no depreciation charge was due.

1c Taxation

The charity is liabile to meet its statutory obligations on Corporation Taxes Act 1988.

1d Pensions

No pension contribution is payable by the charity during the year.

1e Incoming resources

All incoming resources are included in the financial statement when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy, inclusive of VAT.

1f Outgoing Resources

All resources expended are included in the financial statement on an accrual basis inclusive of VAT.

1g Cash flow statement

The charity has taken advantage of the exemption in Financial Reporting Standard No 1 from producing a cash flow statement on the grounds that it is a small charity.

Christ Revival Miracle Church

Page 5

CHRIST REVIVAL MIRACLE CHURCH

Charity No. 1186439

Financial Report for the period to 30 November 2024

----- Start of picture text -----
2 INVESTMENT INCOME
Total Total
2024 2023
£ £
Bank interest receivable - -
- -
3 OPERATING SURPLUS
2024 2023
£ £
Surplus is stated after charging:
Auditor's remuneration
Audit services - -
Non-audit services - accountancy 600 600
600 600
----- End of picture text -----

Christ Revival Miracle Church

Page 6

CHRIST REVIVAL MIRACLE CHURCH

Charity No. 1186439

Financial Report for the period to 30 November 2024

4 STAFF COSTS

Employee costs during the year amounted to:
Wages and salaries
Redundancy costs
Social security costs
Pension costs
No employee engaged during the financial
2024
£
-
-
-
-
-
year.
2023
£
-
-
-
-
-

5 TANGIBLE FIXED ASSETS

Improvements
to Leasehold
£
Cost
At 30 Nov 2024
-
Depreciation
At 30 Nov 2024
-
Net Book Amounts
At 30 Nov 2024
-
6
DEBTORS
Debtors and prepayments
Computer
Equipments
£
-
-
-
2024
£
-
-
Fixtures &
Fittings
£
-
-
-
2023
£
-
-
Total
£
-
-
-

Christ Revival Miracle Church

Page 7

Charity No. 1186439

CHRIST REVIVAL MIRACLE CHURCH

Financial Report for the period to 30 November 2024

7
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors including taxation and social security for period
Trade creditors - B/fwd from previous year
Accruals and Deferred income
2024
£
600
-
-
-
600
2023
£
600
-
-
-
600

8 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund Balances at 30th Nov 2023
are represented by
Net Incoming (Outgoing) Resources for the period
Accumulated Funds Brought Forward
Prior Year Adjustment
Funds Carried Forward
Unrestricted Restricted
Total
Fund
Fund
Fund
2023
£
2,077
-
2,077
28,652
-
28,652
-
-
-
30,729
-
30,729
Total
2022
£
1,295
27,357
-
28,652

9 CONTINGENT/OUTSTANDING LIABILITIES

No contingent or oustanding liabilities at the end of the year

10 COMMITMENTS AND GUARANTEES

No commitment or guarantee was given in the year

Christ Revival Miracle Church

Page 8

CHRIST REVIVAL MIRACLE CHURCH

Charity No. 1186439

Financial Report for the period to 30 November 2024

Independent Examiner's Report

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the period as set out on pages 1 to 8.

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

Responsibilities and basis of report

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signature: AdeOmis-Adeyela Name: A Omisakin-Adeyela Designation: FAIA, MSc Date: 24 Feb 2025 Address: Valiant Waters Associates 15 Marden Road Croydon CR0 3ET

Christ Revival Miracle Church

Page 9