PIERRE DE VIE CHURCH (Charitable Incorporated Organisation)
CHARITY REGISTRATION No: 1189999
ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE
YEAR ENDED 31ST MARCH 2025
CONTENTS
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Pages 3 to 4: Trustees' Report
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Page 5: Statement of Financial Activities
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Page 6: Balance Sheet
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Pages 7 to 11: Notes to the Financial Statements
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Page 12: Independent Examiner's Report
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2025
LEGAL AND ADMINISTRATIVE INFORMATION
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CHARITY NUMBER: 1189999
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DATE OF REGISTRATION: 18th June 2020
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START OF FINANCIAL YEAR: 1st April 2024
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END OF FINANCIAL YEAR: 31st March 2025
TRUSTEES AT 31ST MARCH 2025:
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Koloto Bokunga
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Emmanuel Diboto (Chair)
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Anne Diboto
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Jackie Mpemba Mwaka
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CORRESPONDENCE ADDRESS: International House 12 Constance Street London E16 2DQ
PRIMARY BANKERS: Barclays Bank UK PLC 1 Churchill Place London E14 5HP
INDEPENDENT EXAMINERS: Pierre de Vie Church Trustees International House 12 Constance Street London E16 2DQ
OBJECTS: To advance the Christian faith in Barking and Dagenham in particular and throughout the UK for the public benefit, mainly but not exclusively by providing a place of worship, religious education, pastoral care and outreach.
ACTIVITIES AND ACHIEVEMENTS During the year ended 31st March 2025, Pierre de Vie Church continued its mission despite financial challenges. The church maintained regular worship services, provided pastoral care to members, and continued its educational programs including drum lessons and other ministry activities. The year saw some changes in the trustee composition with the appointment of Jackie Mpemba Mwaka as a new trustee.
FINANCIAL REVIEW
| 2025 | 2024 | |
|---|---|---|
| Incoming Resources | £4,802 | £6,643 |
| Resources Expended | £7,049 | £4,609 |
| Net Surplus/(Defcit) | (£2,247) | £2,034 |
| Total Funds Carried Forward: | ||
| Unrestricted Funds | (£213) | £2,034 |
| Restricted Funds | - | - |
| Total Funds | (£213) | £2,034 |
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Key Financial Highlights:
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Incoming resources decreased by 28% to £4,802, reflecting economic challenges
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Resources expended increased to £7,049, including significant expenditure on educational facilities and programs
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The church experienced a net deficit of £2,247 for the year
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Total funds moved from a surplus of £2,034 to a deficit of £213
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All funds remain unrestricted
Reserves Policy: The Trustees aim to maintain free reserves equivalent to 3-6 months of operating costs. The current deficit position of £213 is a concern that the Trustees are actively addressing through increased fundraising efforts and cost management measures.
BALANCE SHEET AS AT 31 MARCH 2025
| 2025 | 2024 | |
|---|---|---|
| Fixed Assets | ||
| Tangible Assets | - | - |
| Investments | - | - |
| Total Fixed Assets | - | - |
| Current Assets | ||
| Debtors & Prepayments | - | - |
| Cash at Bank and in Hand | 247 | 2,034 |
| Total Current Assets | 247 | 2,034 |
| Liabilities | ||
| Creditors: Amounts Falling Due Within One Year | (460) | - |
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| 2025 | 2024 | |
|---|---|---|
| Net Current Assets/(Liabilities) | (213) | 2,034 |
| Total Assets Less Current Liabilities | (213) | 2,034 |
| Creditors: Amounts Falling Due After More Than One Year | - | - |
| Total Net Assets/(Liabilities) | (213) | 2,034 |
| The Funds of the Charity: | ||
| Unrestricted Funds | (213) | 2,034 |
| Restricted Funds | - | - |
| Total Charity Funds | (213) | 2,034 |
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED | STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED | STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED | 31ST MARCH | 2025 |
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | 2025 | 2024 | |
| INCOMING RESOURCES | ||||
| Donations, Grants & Legacies | 4,802 | - | 4,802 | 6,643 |
| TOTAL INCOMING RESOURCES | 4,802 | - | 4,802 | 6,643 |
| RESOURCES EXPENDED | ||||
| Cost of Charitable Activities | 6,889 | - | 6,889 | 4,459 |
| Governance Costs | 160 | - | 160 | 150 |
| TOTAL RESOURCES EXPENDED | 7,049 | - | 7,049 | 4,609 |
| NET MOVEMENT IN FUNDS | (2,247) | - | (2,247) | 2,034 |
| Funds Brought Forward | 2,034 | - | 2,034 | - |
| TOTAL FUNDS CARRIED FORWARD | (213) | - | (213) | 2,034 |
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TRUSTEE CHANGES DURING THE YEAR The following changes to the Board of Trustees occurred during the financial year:
Resignations:
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Mavuzi Mundele
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Angel Ndengo
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Mingoso Mbongo
Appointments:
- Jackie Mpemba Mwaka
FUTURE PLANS AND GOING CONCERN The Trustees acknowledge the challenging financial position and are implementing the following measures:
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Enhanced fundraising initiatives
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Cost reduction strategies
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Seeking additional grant funding opportunities
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Reviewing all expenditure for necessity and value
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Exploring partnerships with other organizations
The Trustees believe that with these measures, the charity can return to financial stability and continue its charitable activities.
TRUSTEES' RESPONSIBILITIES The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO. In preparing those financial statements, the trustees are required to:
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Select suitable accounting policies and apply them consistently
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Make judgments and estimates that are reasonable and prudent
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Prepare financial statements on the going concern basis unless inappropriate
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The trustees are responsible for keeping proper accounting records and safeguarding the assets of the CIO.
Approved by the Trustees on 10 May 2025
Signed on their behalf by: Rev Emmanuel Diboto - Chair of Trustees
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
1. ACCOUNTING POLICIES The financial statements have been prepared in accordance
with the Charities SORP (FRS102) and the Charities Act 2011.
2. INCOMING RESOURCES
| 2025 | 2024 | |
|---|---|---|
| Donations and Oferings | 4,802 | 6,643 |
| Total | 4,802 | 6,643 |
3. RESOURCES EXPENDED
| 2025 | 2024 | |
|---|---|---|
| Educational Programs | 3,456 | 1,200 |
| Rent and Facilities | 2,800 | 2,500 |
| Administrative Costs | 633 | 759 |
| Independent Examination | 160 | 150 |
| Total | 7,049 | 4,609 |
4. DEBTORS AND CREDITORS The charity had creditors of £460 at year end, primarily relating to unpaid educational program costs.
5. CASH AT BANK Cash at bank represents the balance with Barclays Bank UK PLC as shown in the bank statements.
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6. TRUSTEES' REMUNERATION No trustees received remuneration during the year.
7. RELATED PARTY TRANSACTIONS There were no related party transactions during the year.
INDEPENDENT EXAMINER'S REPORT
Report to the trustees of Pierre De Vie Church on the accounts for the year ended 31st March 2025
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to examine the accounts under section 145 of the Charities Act, follow the procedures laid down in the general Directions given by the Charity Commission, and state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with 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.
Independent examiner's statement
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the Charities Act and to prepare accounts which accord with the accounting records have not been met.
Pierre de Vie Church Trustees
International House 12 Constance Street London E16 2DQ
Date: 10 May 2025
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