2022-12-31-accounts - Cherubim & Seraphim Movement Church, Pinnacle Of Christ's Sovereignty

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Trustees’ Annual Report for the period

From 01/01/2022 Period start date To 31/12/2022 Period end date

Charity name: CHERUBIM & SERAPHIM MOVEMENT CHURCH, PINNACLE OF CHRIST'S SOVEREIGNTY

Charity registration number: 1189821

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governingdocument	Para 1.17	The objective of the church is to advance the Christian faith in accordance with its statement of beliefs.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Developing trust and faith in Christ through teachings from the bible. Providing and maintaining place of worship for members of the church and the Christian community Training Christians for ministry and service within the church and wider world.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	As the trustees of Cherubim and Seraphim Movement Church, Pinnacle of Christ’s Sovereignty, we can confirm that we have taken reasonable steps in fulfilling our fiduciary responsibilities. We have reviewed and applied the principles and recommendations outlined in the Charity Commission guidance to ensure that the activities and operations of our charity are conducted in a manner that provides the greatest possible public benefit in line with our charitable objectives.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38

Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	In our charity, we believe a spirit lead worship helps build, a family of devoted followers of Christ that worships God. Share Christ’s hope with anyone that seeks hope and support those who need assistance. In addition to our scheduled services during the week. We also have an outreach program in which we provide special services via hospital and care-home visits to pray and provide spiritual support to the individuals seeking spiritual upliftment.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41

Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity had £34,337 in its reserves at the end of its financial period.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The reserves will be spent on charitable activities and running the charity in the coming year.
Amount of reserves held	Para 1.22	£34,337
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	The church’s primary source of funds is through offering and donations from members.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Foundation model constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Incorporated Organisation
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Every trustee must be appointed for a term of four years by a resolution passed at a properly convened meeting of the charity trustees. The charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	CHERUBIM & SERAPHIM MOVEMENT CHURCH, PINNACLE OF CHRIST'S SOVEREIGNTY
Other name the charity uses
Registered charitynumber	1189821
Charity’s principal address	86a St James Way Sidcup Kent DA14 5HF

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	David Oduguwa
	Olumide Olusoga
	Oluwaseun Badejo

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Olumide Olusoga Position (eg Secretary, Trustee Chair, etc) Date 16.11.203

Pinnacle of Christs Sovereignty		No (if any)
Receipts andpayments accounts			CC16a
01/01/2022 For the period from	To	31/12/2022

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 11,517 8,943 2,667 - - - - - 23,127 - - - 23,127 1,000 12,175 71 1,560 373 370 400 - - 15,948 - - - 15,948 7,179 - 27,158 34,337	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 11,517 8,943 2,667 - - - - - 23,127 - - - 23,127 1,000 12,175 71 1,560 373 370 400 - - - - - - - - - - - - 15,948 - - - 15,948 7,179	Last year to the nearest £
Tithes	11,517				10,870
Offering	8,943				4,038
Other	2,667				1,465
	-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	23,127				16,373

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					16,373

Mission Journey	1,000				503
Room Hire/Rent	12,175				7,566
Equipment	71
Professional Fees	1,560
Subscriptions	373				173
Charity	370				1,225
Other Expenses	400
Insurance					190









	-				-
	-				-
**Sub total **	15,948				9,655

A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					9,655

	7,179	-	-	7,179	6,718
	-	-	-	-	-
	27,158	-	-	27,158	20,441
	34,337	-	-	34,337	27,158

CCXX R1 accounts (SS)

20/11/2023

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Details Cash in Bank Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 34,337 - - - - 34,337 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Olumide Olusoga	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
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			-
			-
			-
			-
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			-
			-
			-
			When due (optional)






			Date of approval
		Olumide Olusoga	16.11.2023

CCXX R2 accounts (SS)

20/11/2023