## **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 CENTR**E|
|---|---|
|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||||
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## – 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