## Trustees’ Annual Report 

For the period from 06/04/2024 to 05/04/2025 

Charity name: IAM CHURCH LONDON 

Charity registration number: 1189102 

## **Objectives and Activities** 

IAM CHURCH LONDON exists to advance the Christian faith and provide spiritual, social and community support for the public benefit. During the year the charity continued regular worship services, prayer meetings, Bible teaching, pastoral care, counselling, outreach activities and community engagement programmes. Trustees confirm they have considered the Charity Commission guidance on public benefit when planning activities. 

## **Achievements and Performance** 

The charity maintained a consistent programme of religious services and support activities throughout the year. Donations received of £73,857.63 enabled the organisation to meet venue, event and operational costs while continuing ministry activities. Event expenditure of £12,110.76 supported gatherings and outreach initiatives. The charity also invested in equipment, communications and travel to extend engagement nationally and internationally. The year ended with a surplus, strengthening the charity’s ability to continue serving beneficiaries and respond to future needs. 

## **Financial Review** 

Total income for the year was £73,857.63, derived primarily from donations. Total expenditure was £66,495.01, with additional other expenditure of £365.00, resulting in a net surplus of £6,997.62. 

Key expenditure categories included: 

- Rent and rates: £16,302.60 

- Event expenses: £12,110.76 

- National travel: £8,366.42 

- Bank fees: £4,087.87 

- Subcontractor costs: £4,047.64 

Cash at bank and in hand at year end was £10,626.64, compared with opening funds of 



- £3,629.02. This reflects improved liquidity and a stronger reserves position. 

## **Reserves Policy** 

The trustees maintain reserves to provide financial stability, manage unexpected costs and ensure continuity of charitable activities. Free reserves held at the year end were £10,626.64. Trustees consider this level appropriate for the current scale of operations, while continuing to monitor future funding needs and expenditure commitments. 

## **Going Concern** 

The trustees have reviewed the charity’s finances and cash resources and believe the charity is not a going concern for the foreseeable future. No material uncertainties have been identified. 

## **Structure, Governance and Management** 

The charity is constituted as a Charitable Incorporated Organisation (CIO) governed by a Trust Deed. Trustees are appointed following appropriate vetting and compliance procedures to ensure suitability, integrity and commitment to the charity’s purposes. 

Serving trustees during the year: 

- Kuntuala Wasawulua 

- Rose Kuntuala 

- Kevin Kuntuala 

## **Plans for Future Periods** 

In the coming year, the charity aims to strengthen its ministry programmes, expand community outreach, improve fundraising capacity, and continue prudent financial management. Trustees will also review cost efficiency and seek opportunities for partnerships that increase impact. 

## **Declarations** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

## **Signature(s)** 

**Date** 

**Full name(s)** 

**Position (eg Secretary, Chair,  etc)** 



||Kuntuala Wasawulua<br>**Kevin Kuntuala**<br>**KUNTUALA WASAWULUA**<br>**KEVIN KUNTUALA**<br>**CHAIR**<br>**TRUSTEE**<br>22/5/2026|
|---|---|





## Management Report 

IAM CHURCH LONDON For the period ended 5 April 2025 

Prepared on 23 April 2026 

For management use only 



## **Table of Contents** 

Financial Activities............................................................................................................................................3 Balance Sheet..................................................................................................................................................4 Statement of Cash Flows.................................................................................................................................5 

2/5 



## **Financial Activities** 

6 April, 2024 - 5 April, 2025 

|**Financial Activities**<br>6 April, 2024 - 5 April, 2025||
|---|---|
||**Total**|
|INCOME||
|Donations Received|73,857.63|
|**Total Income**|**73,857.63**|
|EXPENDITURES||
|Accountancy Fees|1,272.00|
|Advertisement|1,888.02|
|Bank Fees|4,087.87|
|Consulting Fees|249.54|
|Donation Paid|250.00|
|Equipment & Maintenance|3,358.70|
|Event Expenses|12,110.76|
|Insurance|2,505.10|
|Mileage Expense|288.59|
|Printing, Postage & Stationery|804.38|
|Professional Fees|2,684.00|
|Rent & Rates|16,302.60|
|Storage Rent|2,263.78|
|Subcontractor Costs|4,047.64|
|Subscriptions & IT Expenses|2,713.36|
|Subsistence|1,104.89|
|Telephone & Internet|486.74|
|Travel - International|1,710.62|
|Travel - National|8,366.42|
|**Total Expenditures**|**66,495.01**|
|NET OPERATING INCOME|**7,362.62**|
|OTHER EXPENDITURES||
|Fines & Penalty|365.00|
|**Total Other Expenditures**|**365.00**|
|NET OTHER INCOME|**-365.00**|
|NET INCOME/(EXPENDITURE)|**£6,997.62**|



3/5 

IAM CHURCH LONDON 



## **Balance Sheet** 

As of April 5, 2025 

|**Balance Sheet**<br>As of April 5, 2025||
|---|---|
||**Total**|
|FIXED ASSET||
|**Total Fixed Asset**||
|CASH AT BANK AND IN HAND||
|XXXXXXXXXX5259|318.18|
|XXXXXXXXXX9683|10,308.46|
|**Total Cash at bank and in hand**|**10,626.64**|
|NET CURRENT ASSETS|**10,626.64**|
|NET CURRENT ASSETS(LIABILITIES)|**10,626.64**|
|TOTAL ASSETS LESS CURRENT LIABILITIES|**10,626.64**|
|TOTAL NET ASSETS (LIABILITIES)|**£10,626.64**|
|CHARITY FUNDS||
|Opening Balance Equity|3,629.02|
|Retained Earnings|7,211.62|
|Surplus/(Deficit)|-214.00|
|**Total Charity funds**|**£10,626.64**|



4/5 

IAM CHURCH LONDON 



## **Statement of Cash Flows** 

6 April, 2024 - 5 April, 2025 

|**Statement of Cash Flows**<br>6 April, 2024 - 5 April, 2025||
|---|---|
||**Total**|
|OPERATING ACTIVITIES||
|Net Income|6,997.62|
|Adjustments to reconcile Net Income to Net Cashprovided byoperations:||
|**Net cashprovided by operating activities**|**6,997.62**|
|FINANCING ACTIVITIES||
|OpeningBalance Equity|3,629.02|
|**Net cashprovided by financing activities**|**3,629.02**|
|NET CASH INCREASE FOR PERIOD|**10,626.64**|
|CASH AT END OF PERIOD|**£10,626.64**|



5/5 

IAM CHURCH LONDON 




## **Independent examiner's report on the accounts** 

**Section A                        Independent Examiner’s Report** 

**Report to the trustees** Charity Name IAM CHURCH LONDON **On accounts for the year** 05/04/2025 **Charity no** 1189102 **ended (if any) Set out on pages** 1-2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05/04/2025. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

**Independent** I have completed my examination.  I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 

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

|**Signed:**<br>**Name:**<br>**Relevant professional**<br>**qualification(s) or body**<br>**(if any):**<br>**Address:**<br>|R.Machipisa|23/04/2025|
|---|---|---|
||||
||Rebecca Machipisa||
||||
||Regulated by HMRC Anti-Money Laundering||
||||
||Winnersh Triangle, Building 220, Wharfedale Road, Wokingham, RG41 5TP||
||||



1 

**Oct 2018** 

**IER** 



## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the examiner wishes to disclose** . 

My examination was conducted in accordance with the general directions given by the Charity Commission. An independent examination involves reviewing the accounting records and comparing the financial statements with those records. It also includes an assessment of whether the statements are consistent with the accounting policies and an overall review of the church’s financial position. 

## **Scope and Limitations of the Examination** 

The procedures undertaken do not provide the same level of assurance as an audit and, consequently, I do not express an audit opinion on the financial statements. My examination has been limited to reviewing records and transactions and ensuring compliance with applicable regulations. 

2 

**Oct 2018** 

**IER**