## **CHRIST VICTORY CHRISTIAN CENTRE** ## **Report and Accounts** ## **STATEMENT OF TRUSTEE RESPONSIBILITIES** The trustees of Christ Victory Christian Church are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Account Standards (United Kingdom Generally Accepted Accounting Practice). In preparing those financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently - Observe the methods and principles in the Charity SORP - Make judgements and estimates that are reasonable and prudent - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with Companies Act 2006. They are responsible for safeguarding the assets of the charitable company and for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees ## **Odunola Funmilayo Oyewole** ## **16 June 2021** 2 CHRIST VICTORY CHRISTIAN CENTRE REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OF MARCH 2022 CHRIST VICTORY CHRISTIAN CENTRE Report and Accounts Contents Page Information Page Trustee Report Accountants, Report Income Statement Balance Sheet Notes to the Accounts CHRIST VICTORY CHRISTIAN CENTRE Report and Accounts Trustees Elizabeth Abisoye Ogunrinde Odunola Funmilola Oyewole Timothy Ogunsanya Teslim Akinwumi Ajadi Accountants Ronzl Accountants Ltd 305A Wellingborough Road Northampton NN14EW Bankers Metro Banak 1 Soulhamplon Row, Holbom, London WC1 B SHA Registered Address 29 Crowthorp Road Northampton NN3 5DU CHRIST VICTORY CHRISTIAN CENTRE Report and Accounts STATEMENT OF TRUSTEE RESPONSIBILITIES The trustees of Christ Victory Christian Church are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Account Standards (United Kingdom Generally Accepted Accounting Practice). In preparing those financial statements. the trustees are required to- Select suitable accounting policies and then apply them consislenlly Observe the methods and principles in the Charity SORP Make judgements and estimates that are reasonable and prudent Prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charitable company will continue in business The trustees are responsible for keeping proper accoLFnting records which disclose wilh reasonable accuracy at any time the financial position of the charitable company and lo enable them lo ensure that the financial slalemenls comply with Companies Act 2006. They are responsible for safeguarding the assets of the charitable company and for taking reasonable steps for the prevention and delection of fraud and other irregularities. Approved by order of the board of trustees Odunola Funmilayo Oyewole 07 November 2022 CHRIST VICTORY CHRISTIAN CENTRE Report and Accounts Accountant's Report We have prepared the financial statements of Christ Viclory Chvislian Church for the year ended 31 sl of March 2022 in accordance with the financial reporting framework of United Kingdom Generally Accepted Accounting Practice This report is made solely to the charitable trustees, as a body in accordance with section 144 of the Charities Act 2011 and regulation made under Section 154 of the act. The Tiuslees are responsible for preparation of financial slalements and for being satisfied that they give a true and fair view In Accordance lo your Instruction we have prepared the accounts of Financial activities, Statement of Financial position as well as relaled notes from the accounting records of the company and explanation you have given lo us. We have not carried out an audit or any review and consequently we do not want to express an opinion on these accounts. Oladapo Sulaimon FCCA Ronzl Accountants 305a Wellingborough Road Northampton NN14EW CHRIST VICTORY CHRISTIAN CENTRE Report and Accounts INCOME STATEMENT FOR YEAR ENDED 31ST MARCH 2022 2022 2021 Notes INCOME AND ENDOWMENTS FROM ACTIVITIES Church collections £24,955.90 £12.908.63 Total £24.955.90 £12,908.63 PAYMENTS Legal and Professional Fees Motor Expenses Petrol and Oil Rent Depreciation Charge.. Motor Vehicles Members Welfare Accountancy Fee Musician Sundry £965.92 £629.14 £475.15 £6.000 £378.12 £1,027.08 £840 £48.98 £51.99 £942.71 £734.00 Total £10,416.38 £1,676.71 SurpluslDeficit £14,539.52 £11,231.92 CHRIST VICTORY CHRISTIAN CENTRE Report and Accounts BALANCE SHEET FOR YEAR ENDEO 31ST MARCH 2022 2022 2021 Notes FIXED ASSET Moloi Vehicles £3.392.73 £3.770.85 CURRENT ASSET Cash al Bank £58,670.72 £43,613.08 CURRENT LIABILITIES Creditors less than one year Accrued Expenses £140.00 NET ASSET £61.923.45 £47,383.93 CAPITAL & RESERVES Profil & Loss account blfwd SurpluslDelicil for the year £47,383.93 £14,539.52 £36,152.01 £11,231.92 FUNDS £61.923.45 £47.383.93 CHRIST VICTORY CHRISTIAN CENTRE Report and Accounts NOTES TO ACCOUNTS FOR YEAR ENDED 31ST MARCH 2022 1. ACCOUNTING POLICIES 8asis of preparing the financial statements The Iinancial slalernenls ol the charitabk company, whth is a public benefit entity un¢Jei FRS 102. have been prepared in accordance with the Chairties SORP IFRS 1021'Accounting and Reporting by Charrties.. Stalemenl of Recommended Practice applrable lo charities preparing their accounts in accordance with the FitTrancial Reporting Standard applicable in ihe UK and Republic ol IreLqnd IFRS 102} leffectNe 1 January 20151,, Financial Reporting Standard 102 The Financial Reporting Slandaid applirable in the UK and Republic of Iieland. and the Companies Acl 2006. The financsal statements have been prepared under the hislorical cost convention. Income l inGorne is recogniseij in the Statement of Financial AclNil*s once the charity has enlitlemenl lo Ihe funds. il is probable that the income wll be retsived and the amount can be measured ieliably. Expenditure Liabilities are recognised as expendituie a5 50011 as there is a legal or con5tiuctive obligatK)n commrtting the chaiily lo that expendiluie. it is piobable that a transler of econom￿ benefils wll be reqvired in seltlemenl and the amount of the obligation can be rneasured reliabty Expendrture is accounted for on an accruals basis and has been classified under headin9s that aggregate all cosl related lo the category. Where costs cannol be directly attributed to particular headings Ihey ha¥e been alk)caled to activilies on a basls consislenl with the use ol resouices. 1. Church Collections These are volunlarry donations g￿en ty church memebers as tith and offerings according to Chri5tsin Faith and Beliefs. 2. Flxeil Assets Motor Vehicles 2022 Cost 1st of April 2021 Additions Disposals Al 31st Maich 2022 4750 4750 Depreciation 1 st of April 2021 Charge foi the year On disposals Al 31st March 2022 979 378 1357 Net book value At 31 st March 2022 3393 ## **Trustees' Annual Report for the period** Period start date Period end date 30 Septembe 2020 31 March 2021 r **To** **From** ## Section A Reference and administration details **CHRIST VICTORY CHRISTIAN CENTR** E **Charity name** **Other names charity is known by** N/A **Registered charity number (if any)** 1191543 Charity's principal address 29 Crowthorp Road Northampton **Postcode** NN3 5DU ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||ELIZABETH
ABISOYE
OGUNRINDE|Chairman||| ||ODUNOLA
FUNMILOLA|||| ||TIMOTHY
OGUNSANYA|||| ||TESLIM
AKINWUNMI
AJADI|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **TAR** March **2012** 1 **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |**CHARTERED**
**ACCOUNTANTS/TAX**
**ADVISERS**|Oladapo Sulaimon
FCCA,FFA/FIPA|Ronzl Accountants Ltd
305A WELLINGBOROUGH Northampton.NN1 4EW| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document CIO ASSOCIATION - (eg. trust deed, constitution) How the charity is constituted TRUST - (eg. trust, association, company) Appointed Trustee selection methods - (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **TAR** March **2012** 2 Advancing Christian Faith through Church activities and other related activities **Summary of the objects of the charity set out in its governing document** CHRISTAIN EDUCATION/TRAINING The advancement of Christian faith Religious Activities Regular worship to help members grow their faith. Preventing and relief of poverty through supporting our local Food bank through Monthly food donation **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** **Additional details of objectives and activities (Optional information)** **TAR** March **2012** 3 You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance **TAR** March **2012** 4 ## Section D Achievements and erformance p **Summary of the main achievements of the charity during the year** - Our Charity continued to provide various activities to ensure that the Christian religion were advanced in our local environment. Activities such as 1. Worshiping twice a week with regular advertising through evangelism by dropping leaflet to houses in order to invite them to worship and advance their Christian faith 2. Monthly support to our Local food bank by giving food donations to support those going through difficult situation. 3. Regular Bible training for our members and general public to enable them to grow their Christian faith. 4. Regular outreach programs to enable us to be able to invite members of public. 5. Christmas dinner for Homeless to enable them to feel the love of Christ at time when they feel lonely. **TAR** March **2012** 5 ## **Section E Financial review** **Brief statement of the charity’s policy on reserves** The trustees have reviewed their reserve policy .the policy is to hold enough funds in the Bank account to be able to meet 6 months operating cost of the association except if there are extraordinary circumstance and they would have to review their financial policy and trustees vote for such transaction to occur. **Details of any funds materially in deficit** N/A ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - Investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** Sulaimon FCCA,FFA/FIPA **Full name(s)** Oladapo **Position (eg Secretary, Chair,** Accountant/Tax Adviser **etc) Date** 06/01/2023 **TAR** March **2012** 6