AJARA (VINE) FINANCIALSTATEMENT For the year ended 31 December 2024 CHARITY NUMBER 1192991 Trustees: Solomon Olugbenga Fabowale Makinde Mary Oluwatoyin Akinsola Folashade Akintoye Olajumoke Muyinatu Longeking Manu Alice Oluwafunke Adu Ojo Adeolu Akinsola Charity Reg No: 1192991 Registered Address: 46 Calverton Road, London E6 2NT Bankers: Lloyds Bank INDEPENDENT EXAMINER." Matthew Onuh (FCCA) Keystone Accountancy Limited New Addington, Croydon CRO OLJ AJARA VINE Table of contents Trustees report Income and expenditure account Examiner's report TRUSTEES REPORT The Trustees present their reports for the period ended 31 December 2024. The accounts have been prepared in accordanc¢ with the Statement of Recommended practice and applicable law. Objectives of the Charity and Prineipal Activities Ajara Vine is charitsble. The objectives of Ajara Vine are: Th¢ advancemenl of the Christian faith for tbe benefit of the public, in particular, but not exclusively. by means of: a) Broadcasting, and if applicable, producing television and radio programm¢s f¢atwing biblical preaching, teaching, prayer and musi¢. B) Publishing and distributing literature featuring articles of biblically based teaching. C) Producing and distributing dis¢ipl¢ship resources- D) Making available biblically based t¢aching and resources on digital media. E) To spread the gospel of Jesus Christ and further the Christian religion by any charitable m¢ans as the charity trustees decide from time to time. The principal activities of the charity: Online Christian messages: Good morning Jesus, Hour of Trnth. Hour of Prayer. Hymn of the week. Annual concerts: Intense Praise and Intense Worship. Weekly Sunday Service: Celestial Church of Christ Vine Parish UK Development, Actlvlties and Achievements in the period Ajara Vine became a register¢d charity on the 06 January 2021 l.. Outreach Minislry which includes Good morning Jesus, Hour of Truth, Hour of Prayer 2.. Music Ministry (Ajara Gospel Music) 3.. The Church (CCC Vine Parish). Statement of Trustees Responsibilities The Charities Act requires the Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the charity and of surplus or deficit of the charity for that period. In preparing these financial statements, the trnstees are required Select suitable accounting policies and then apply them consistently. Make judgments and estimates that are reasonable and Prudent. State whether applicable accounting standards and statements of recommended practice have been followed, subject to any d¢partures. disclose and explained in the financial statements. 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 proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking Teasonable steps for the prevention and detection of fraud and other irregularities. Trustees The members of the tn]stees during the year were: Solomon Olugbenga Fabowale Makinde Mary Oluwatoyin Akinsola Folashade Akintoye Olajumoke Muyinatu Longeking Manu Alice Oluwafunke Adu Ojo Adeolu Akinsola Approval The report was approv¢d by the board on 2410212024 and signed on its behalf by Ojo Adeolu Akinsola Date: 17 Mawh 2025 Statement of financial activities for the year ended 31 st December 2024 Income and expenditure account for the year ended 31 st December 2024. Incoming resources from 0110112024 - 3111212024 Unrestrirted funds 2024 2023 Generated Funds Voluntary income: Tithes and Offerings Individual donations HMRC Gift aid/Charities CD Baby sales 10,358.10 8,425.75 27,605.91 30,300.00 9,807.70 8,149.44 35.99 Total Income 47 807.70 46 875.19 Charitable activities: Administrative expenses, Rent, Charitable donation /Hospitality, Bank charges, stationeries, Concerts 46,228.38 44,529.84 Total expenses 46 228.38 44 529.84 Net Surplus 1,579.32 2,345.35 Net Deflclt carried forward as at 3111212023 {2,934.65) Reconciliation of fund: Deficit brought forward as at 01/01/2023 (5,280.00) Total Deficit carried forward as at 3111212023 (2.934.65) Total Deficit carried forward as at 3111212024 1,355.33 Independent Examiner's Report to the Trustees of Ajara Vine ?? I report on the accounts of the Charity end¢d 31 December 2024, which are set out on page 6. Respeclive responsibililies of krustees and Lyaminer The charity's trustees are responsible for the preparation of the accounts. The charity's tn￿le¢.$ consider that an audit is not required for this year under s￿tIOn 144 of th¢ Charities act 2011 (the Charities Act) and that an indqjendent examination is needed. It is my responsibility to: Examine the accounts under section 145 of the Charities Act" To follow the procedures laid down in the General Directions given by the Charity Commissioncrs {und¢r s¢ction 145 5{b) of the Charities Act)- and To stste whether particular n]atters have come to my attention Basis ofindependenl &Kaminer's report My exarnination wa5 carried out in accordance with the General Directions given by the Charily Commissioncrs. An examination includes a review of the accounling recoTds. It also includes consideralion of any unusual itcms or disclosures in the accounts. and seeking explanations from you as tn￿te¢S concerning any such matters. The procedures und¢rtak¢n do not provide all the evidence that would be required in an adult, and consequently, no opinion is given as to whether the accounts Present a 'tw¢ and fair, vi¢w. and the report is limited to those matters s¢t out in the statement below. Independent e¥aminer's sthlement In connection with my examination, no matter ha5 come to my attention: l) Which gives me reasonable cause to believe that in any material respect the requirernents? To keep accounting records in accordance wilh s¢ction 130 of th¢ Chariti¢s To prepare accounts which accord with the accounting rccords and comply with th¢ accounting requirements of the Charitie5 Act havc not b¢en m¢t' or 2) To which,in my opinion,att¢ntion should be drawn in ordeT Éo enable proper understanding of the accounts to be r¢ach¢d. Matthew Onuh (FCCA) Keystone Accountancy Ltd New Addington, CRO OLJ Ih Dated: 18 March 2025