Charity Registration Number : 1190785
UNITED LIFE CHAPEL
A CHARITABLE UN-INCORPORATED ASSOCIATION TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
UNITED LIFE CHAPEL
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
| Trustees | Michael Ofori Owusu |
|---|---|
| Gilbert Shyaka | |
| David Tankoano | |
| Angela Appiah | |
| Augustine Asomah Tawiah | |
| Charity Number | 1190785 |
| Registered Ofce | 40 Armfeld Street |
| Armfeld Street | |
| Coventry | |
| CV6 7GE | |
| Bankers | Barclays Bank PLC |
| Independent Examiner | SA Accountancy Practice |
| 693 Lords Wood Lane | |
| Chatham | |
| ME5 8RA |
UNITED LIFE CHAPEL
CONTENTS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
UNITED LIFE CHAPEL
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
Trustees' report and financial statements
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Governance
The charity is governed by a constitution signed and approved by the church's trustees.
Objectives and Activities
The main activities of the organisation is to extend the gospel of the Lord Jesus Christ to communities, foster fellowship for spiritual edification, and support the emotional and physical needs of its members and the wider community. Our fellowships transcend the borders of the United Kingdom and reach the uttermost parts of the world.
Review of Affairs
The organisation, through the distribution of tracts and group and individual virtual evangelism, has continued to spread the gospel across various communities. Sunday church services and Friday prayer meetings are currently held both in person and online via Zoom and YouTube.
This enables the gospel of Jesus Christ to reach people from diverse backgrounds. The online services have had a significant positive impact, helping to build a “church without walls.”
During this period, a weekly Wednesday youth service was introduced with the aim of engaging and empowering young people in the church and the community. We also held our annual Easter Family Camp, bringing together all our branches and affiliations in the UK.
The charity successfully acquired a church building, The Full Assembly Church Auditorium, located at 40 Armfield Street, Coventry. This property, now an asset of the church, was purchased through a mortgage with a monthly repayment of £1,000.
Additionally, United Life Chapel secured funding from the National Lottery to support the community by providing food, clothing, shelter, games equipment, and entertainment.
During the year, the church began the process of purchasing its current place of worship through a mortgage. This process is ongoing.
The Men’s and Women’s Ministries marked their respective annual anniversaries by organising forums to discuss various topics related to men, women, youth, and family relationships. These programs attracted many participants and helped resolve numerous domestic issues.
The church also organised marriage seminars to support couples within and outside the church community.
Despite the challenges faced this year, by the grace of God, we were able to reach many people with the help of technology. As we move forward, we look forward to applying the experiences gained during this challenging time to enhance our in-person operations.
Vision for Next Year
United Life Chapel remains committed to its vision and mission. Our purpose continues to drive us as we pursue the following goals:
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Open more branches in the UK.
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Continue to positively impact the local community.
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Provide financial and material support to those in need.
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Establish a music school to engage youth in our community.
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- Set up a coffee morning initiative to engage the elderly in our community.
It is our hope and prayer that through dedication and hard work, the Lord will bless and help us achieve our purpose. The organisation remains committed to maintaining positive momentum in the coming years by offering excellent value for money and fostering strong, healthy relationships with our members and the wider community.
Charity Independent Examiners & Accountants
SA Accountancy Practice continues to serve as the charity’s accountants and independent examiners. They have expressed their willingness to continue in this capacity.
Trustees’ Responsibilities
The Charities Act 1993 requires trustees to prepare financial statements for each financial year that give a true and fair view of the charity’s financial activities and financial position at the end of the year.
In preparing these 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 the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records and must accurately reflect the charity’s financial position at any given time. These records must ensure compliance with the Charities Act 1993.
This report has been prepared in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities (issued March 2005) and the Charities Act 1993.
The trustees declare that they have approved the Trustees’ Report above.
Trustees
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Michael Ofori Owusu (Appointed On: 10/08/2020) Gilbert Shyaka (Appointed On: 24/07/2022) David Tankoano (Appointed On: 24/07/2022) Angela Appiah (Appointed On: 24/07/2022) Augustine Asomah Tawiah (Appointed On: 03/11/2020)
Trustees' responsibilities statement
The trustees, who are also the directors of Charity For United Life Chapel for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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This report was approved by the trustees and signed on its behalf by:
Michael Ofori Owusu Chairman Date : 30 January 2026
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UNITED LIFE CHAPEL
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent Examiner’s Report to the Trustees of United Life Chapel
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which consists of the statement of financial activities,balance sheet and the related notes
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the 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 Examiner's Statement
The charity’s gross income did not exceeded £250,000 and are not expected to have an independent examiners report. I am qualified to undertake the examination by being a qualified member of ACCA
I have completed my examination. I confirm that no material matters have 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:
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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
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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.
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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.
Name: Mark Essandoh for and on behalf of SA Accountancy Practice
Date: 30 January 2026
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UNITED LIFE CHAPEL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
| Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Raising funds 3 Charitable activities 4 Other 5 Total Net income Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ 126,084 126,084 11,114 67,339 13,889 92,342 33,742 33,742 31,413 65,155 |
Total Funds 2025 £ 126,084 126,084 11,114 67,339 13,889 92,342 33,742 33,742 31,413 65,155 |
Total Funds 2024 £ - |
|---|---|---|---|
| - | |||
| - - - |
|||
| - | |||
| - | |||
| - 31,413 |
|||
| 31,413 |
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UNITED LIFE CHAPEL
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2025
| Recommended categories by activity Notes Fixed assets Tangible assets 6 Total fxed assets Current assets Debtors 7 Cash at bank and in hand 8 Total current assets Creditors: amounts falling due within one year 9 Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year 10 Provisions for liabilities Total net assets Funds of the Charity Unrestricted funds 11 Restricted funds 11 Endowment funds 11 Total funds |
Unrestricted funds £ 43,399 43,399 3,000 55,927 58,927 10,917 48,010 91,409 30,000 (2,426) 63,835 65,155 65,155 |
Total Funds 2025 £ 43,399 43,399 3,000 55,927 58,927 10,917 48,010 91,409 30,000 (2,426) 63,835 65,155 - - 65,155 |
Total Funds 2024 £ 5,998 5,998 - (2,812) (2,812) - (2,812) 3,186 - - |
|---|---|---|---|
| 3,186 | |||
| 31,413 - - |
|||
| 31,413 |
For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the trustees on 30 January 2026 and signed on its behalf by:
Michael Ofori Owusu Chairman
Date : 30 January 2026
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UNITED LIFE CHAPEL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2. Income from Donations and Legacies
| Analysis Gift Aid Membership subscriptions and sponsorships which are in substance donations Missions Other Tithes & Oferings Total 3. Expenditure on Raising Funds Analysis Volunteer- Temporary Staf & Recruitment Staging fund raising events Rent collection, property repairs and maintenance charges Total |
Unrestricted funds £ 20,560 350 1,374 8,578 95,222 126,084 Unrestricted funds £ 4,368 4,741 2,005 11,114 |
Total funds 2025 £ 20,560 350 1,374 8,578 95,222 |
|---|---|---|
| 126,084 | ||
| Total funds 2025 £ 4,368 4,741 2,005 |
||
| 11,114 |
3. Expenditure on Raising Funds
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4. Expenditure on Charitable Activities
| Analysis Honorarium Charity management & administration Charity running cost Donations Printing and stationery Bank charges Legal/professional fees Staf costs Total 5. Other Expenditure Analysis General Insurance Other Expenditure Depreciation Charge for the Year - Computer Equipment Total 6. Tangible Fixed Assets 6.1 Cost or valuation At 01 April 2024 Additions Disposals Revaluations Transfers At 31 March 2025 6.2 Depreciation and impairments At 01 April 2024 Charge for the year Disposals Revaluations Transfers At 31 March 2025 6.3 Net book value At 01 April 2024 At 31 March 2025 |
Unrestricted funds £ 2,300 39,056 14,497 466 2,641 67 6,658 1,654 67,339 Unrestricted funds £ 387 98 13,404 13,889 Fixtures & Fittings Computer Equipment £ £ 3,186 - - 53,617 - - - - - - |
Unrestricted funds £ 2,300 39,056 14,497 466 2,641 67 6,658 1,654 67,339 Unrestricted funds £ 387 98 13,404 13,889 Fixtures & Fittings Computer Equipment £ £ 3,186 - - 53,617 - - - - - - |
Total funds 2025 £ 2,300 39,056 14,497 466 2,641 67 6,658 1,654 |
|
|---|---|---|---|---|
| 67,339 | ||||
| Total funds 2025 £ 387 98 13,404 |
||||
| 13,889 | ||||
| Plant & Machinery £ - - - - - - - - - - - - - - |
||||
| 3,186 | 53,617 | |||
| - - - - - |
- 13,404 - - - |
|||
| - | 13,404 | |||
| 3,186 | - | |||
| 3,186 | 40,213 |
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7. Debtors: Amounts falling due within one year
| Total funds 2025 £ Other debtors 3,000 Total 3,000 8. Cash at bank and in hand Total funds 2025 Total funds 2024 £ £ Cash at bank and in hand 55,927 (2,812) Total 55,927 (2,812) 9. Creditors: Amounts falling due within one year Total funds 2025 £ Trade creditors 1,304 Taxation and social security 9,613 Total 10,917 10. Creditors: Amounts falling due after one year Total funds 2025 £ Loans - VFC Building 30,000 Total 30,000 11. Charity funds 11.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 31,533 126,084 92,342 - - 65,274 General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 11.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 |
Total funds 2025 £ Other debtors 3,000 Total 3,000 8. Cash at bank and in hand Total funds 2025 Total funds 2024 £ £ Cash at bank and in hand 55,927 (2,812) Total 55,927 (2,812) 9. Creditors: Amounts falling due within one year Total funds 2025 £ Trade creditors 1,304 Taxation and social security 9,613 Total 10,917 10. Creditors: Amounts falling due after one year Total funds 2025 £ Loans - VFC Building 30,000 Total 30,000 11. Charity funds 11.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 31,533 126,084 92,342 - - 65,274 General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 11.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 |
Total funds 2025 £ Other debtors 3,000 Total 3,000 8. Cash at bank and in hand Total funds 2025 Total funds 2024 £ £ Cash at bank and in hand 55,927 (2,812) Total 55,927 (2,812) 9. Creditors: Amounts falling due within one year Total funds 2025 £ Trade creditors 1,304 Taxation and social security 9,613 Total 10,917 10. Creditors: Amounts falling due after one year Total funds 2025 £ Loans - VFC Building 30,000 Total 30,000 11. Charity funds 11.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 31,533 126,084 92,342 - - 65,274 General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 11.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 |
Total funds 2025 £ Other debtors 3,000 Total 3,000 8. Cash at bank and in hand Total funds 2025 Total funds 2024 £ £ Cash at bank and in hand 55,927 (2,812) Total 55,927 (2,812) 9. Creditors: Amounts falling due within one year Total funds 2025 £ Trade creditors 1,304 Taxation and social security 9,613 Total 10,917 10. Creditors: Amounts falling due after one year Total funds 2025 £ Loans - VFC Building 30,000 Total 30,000 11. Charity funds 11.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 31,533 126,084 92,342 - - 65,274 General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 11.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 |
Total funds 2025 £ Other debtors 3,000 Total 3,000 8. Cash at bank and in hand Total funds 2025 Total funds 2024 £ £ Cash at bank and in hand 55,927 (2,812) Total 55,927 (2,812) 9. Creditors: Amounts falling due within one year Total funds 2025 £ Trade creditors 1,304 Taxation and social security 9,613 Total 10,917 10. Creditors: Amounts falling due after one year Total funds 2025 £ Loans - VFC Building 30,000 Total 30,000 11. Charity funds 11.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 31,533 126,084 92,342 - - 65,274 General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 11.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds General Fund 5,486 - - - - 5,486 Unrestricted General Funds 25,927 - - - - 25,927 |
Total funds 2025 £ 3,000 |
Total funds 2025 £ 3,000 |
|---|---|---|---|---|---|---|
| 3,000 | ||||||
| Total funds 2024 £ (2,812) |
||||||
| (2,812) | ||||||
| Total funds 2025 £ 1,304 9,613 |
||||||
| 10,917 | ||||||
| Total funds 2025 £ 30,000 |
||||||
| 30,000 | ||||||
| 25,927 - |
- | - | - | 25,927 |
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