Trustees’ Annual Report for the period
From 01/04/2024 Period start date To 31/03/2025 Period end date
Charity name: VICTORY CHRISTIAN CENTR E
Charity registration number : 1191543
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The object of the CIO is, for the public benefit, the advancement of the Christian faith in the Northamptonshire and such other parts the United Kingdom and the world as the Charity Trustees may from time to time decide. |
| 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 |
The Charity conducts several religious activities such as 1. Christian prayers: the church organises several prayers session during the week and Sundays. This prayer meetings are attended regularly by members and general community. 2.Christian education awareness: The church organises several Christian education programmes in order to advance the faith of members and community |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | We can confirm that the trustee have had regard to the guidance issue by the charity commission |
|---|---|---|
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| SORP reference | ||
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| 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 | Our Charity continued to provide various activities to ensure that the Christian religion were advanced in our local environment. 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. Christmas dinner for Homeless to enable them to feel the love of Christ at time when they feel lonely.. |
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 | YES |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | YES |
| Amount of reserves held | Para 1.22 | |
| 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 where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
A description of the principal Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
TRUST | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
Trust deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO - FOUNDATION |
| 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 | Name of any person or body entitled to appoint one |
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
|---|---|---|
| Other |
Reference and Administrative details
| Charity name | VICTORY CHRISTIAN CENTRE |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1191543 |
| Charity’s principal address | 29 Crowthorp Road Northampton NN3 5DU |
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(if any) |
|---|---|---|---|---|
| ELIZABETH ABISOYE OGUNRINDE | ||||
| ODUNOLA FUNMILOLA OYEWOLE | CHAIR | |||
| TIMOTHY OGUNSANYA | ||||
| TESLIM AKINWUNMI AJADI | ||||
– 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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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) Position (eg Secretary, Chair, etc) Date |
odunola | |
|---|---|---|
ODUNOLA FUNMILOLA OYEWOLE |
||
Chair |
||
| 05/08/2025 | ||
| 05/08/2025 |
1191543
CHRIST VICTORY CHRISTIAN CENTRE
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OF MARCH 2025
CHRIST VICTORY CHRISTIAN CENTRE
Report and Accounts
Contents
| Page | |
|---|---|
| Information Page | 1 |
| Trustee Report | 2 |
| Accountants' Report | 3 |
| Income Statement | 4 |
| Balance Sheet | 5 |
| Notes to the Accounts | 6 |
CHRIST VICTORY CHRISTIAN CENTRE
Report and Accounts
Trustees
Elizabeth Abisoye Ogunrinde Timothy Ogunsanya Teslim Akinwumi Ajadi
Accountants
Ronzl Accountants Ltd 305a Wellingborough Road Northampton NN1 4EW
Bankers
Metro Banak 1 Southampton Row, Holborn, London WC1B 5HA
Registered Address 29 Crowthorp Road Northampton NN3 5DU
CHRIST VICTORY CHRISTIAN CENTRE
Report and Accounts
STATEMENT OF TRUSTEE RESPONSIBILITIES
The trustees of Christ Victory Christain 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
Timothy Ogunsanya
26TH OF JULY 2025
CHRIST VICTORY CHRISTIAN CENTER
Report and Accounts
Accountant's Report
We have prepared the financial statements of Christ Victory Christain Church for the year ended 31st of March 2025 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 Trustees are responsible for preparation of financial statements and for being satisfied that they give a true and fair view
In Accordance to your Instruction we have prepared the accounts of Financial activities, Statement of Financial position as well as related notes from the accounting records of the company and explanation you have given to 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 NN1 4EW
27TH OF JULY 2025
CHRIST VICTORY CHRISTIAN CENTRE
Report and Accounts
INCOME STATEMENT FOR YEAR ENDED 31ST MARCH 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| ACTIVITIES | |||
| Tithe and Offering | 1 | £29,974.00 | £50,746.35 |
| Bank Interest | £976.00 | £103.96 | |
| Building Fund | £5,450.00 | £11,150.00 | |
| Gift Aid | £12,269.00 | ||
| Total | £48,669.00 | £62,000.31 | |
| PAYMENTS | |||
| Musicians fees | £444.00 | £370.00 | |
| Accountancy Fees | £1,860.00 | £520.00 | |
| Legal and Professional Fees | £1,196.00 | £1,102.26 | |
| Rates & Water | £2,887.00 | £786.97 | |
| Rent | £5,520.00 | £5,858.74 | |
| Other Premises Costs | £181.00 | £120.00 | |
| Petrol and Oil | £1,390.00 | £1,310.52 | |
| Motor Licenses and Insurances | £345.00 | £325.00 | |
| Motor Repairs and Servicing | £310.00 | £1,562.42 | |
| General Travel Expenses | £0.00 | £105.40 | |
| Bank Charges | £5.00 | £10.00 | |
| Depreciation Charge: Plant & Machinery | £0.00 | £82.09 | |
| Depreciation Charge: Motor Vehicles | £390.00 | £488.70 | |
| Repairs & Renewals | £0.00 | £703.00 | |
| Stationery & Postage | £353.00 | £357.03 | |
| Telephone, Fax & Internet | £0.00 | £37.00 | |
| Sundry Expenses | £1,537.00 | £42.00 | |
| Members Welfare | £2,681.00 | £8,161.98 | |
| Total | £19,099.00 | £21,943.11 | |
| Net Surplus/Deficit | £29,570.00 | £40,057.20 |
CHRIST VICTORY CHRISTIAN CENTRE
Report and Accounts
BALANCE SHEET FOR YEAR ENDED 31ST MARCH 2025
| Notes FIXED ASSET Motor Vehicles 2 Plant & Machinery CURRENT ASSET Metro Bank Metro Bank Savings Account CREDITORS LESS THAN ONE YEAR Accrued Expenses NET ASSET CAPITAL & RESERVES Surplus/Deficit for the year FUNDS |
2025 2024 £ £ £1,564 £1,955 |
|---|---|
| £1,564 £1,955 £144,745 £105,528 £5,063 £14,320 |
|
| £149,808 £119,848 £0 £0 |
|
| £0 £0 |
|
| £151,372 £121,803 |
|
| £151,372 £121,803 |
|
| £151,372 £121,803 |
CHRIST VICTORY CHRISTIAN CENTRE
Report and Accounts
NOTES TO ACCOUNTS FOR YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) '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 2015)',
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'
and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds,
it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing
the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis
consistent with the use of resources.
1. Church Collections
These are voluntarry donations given by church members as tithe and offerings according to Christain Faith and Beliefs.
Tithe and Offering £29,974 Bank Interest £956 Building Fund £5,450
Gift Aid £12,270
2. Plant and Machinery Tangible fixed assets
| 2. Plant and Machinery Tangible fixed assets |
|
|---|---|
| Cost At 1st of April 2023 Additions Surplus on revaluation Disposals At 31st March 2024 Depreciation At 1st of April 2023 Charge for the year Surplus on revaluation On disposals At 31st March 2024 Net book value At 31st March 2024 |
Motor Vehicle Total £ £ 4750.00 4750.00 |
| 4750.00 4750.00 |
|
| 2795.00 2795.00 391.00 391.00 |
|
| 3186.00 3186.00 |
|
| 1564.00 1564.00 |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Charity Name
Report to the trustees/ Charity Name members of VICTORY CHRISTIAN CENTR E On accounts for the year 31 MARCH 2025 Charity no 1191543 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2023 DD / MM / YYYY .
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the 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 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 (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Signed: OLADAPO SULAIMON FCCA Date: 05/08/2025 Name: OLADAPO SULAIMON FCCA Relevant professional INSTITUTE OF CERTIFIED CHARTRED ACCOUNTANTS qualification(s) or body (if any): Address: 305A WELLINGBOROUGH ROAD NORTHAMPTON NN1 4EW
October 2018
IER
1
Section B Disclosure
Only complete if the examiner needs to highlight 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 .
October 2018
IER
2