Section F Other optional information ACCOUNTING POLICIES The accounts h8ve been prepared in accordance wth applicable aco)unting stsndards and follow the recommendations in Ststement of ReMendj Pra¢tice: A(x>xJnting for Charibes ISORPI issued in October, 20QK). Voluntary income is re1ve(l by way of (k>nation5 ar¥J gsfts. It SIK) in full ill the Ststement of Financh21 Activibe5. when received. Gffts in kind valu8d at their èstimalwl value to the tharity and are induded undeT the appropriate headings. Intangible income is valued and induded in incorne to the exlent that it represents goots or se5 which would othenmisé be purchased. Where it is drfficult or not possib to value the goods or Ser, svch as volunteèr time, the accounts do not include them. Grants. induding grants for the purchase of red assets, a recognised in fijll in the Statement of FinarrAal Activtties in the year in which they are receiv. Restricted funds ar8 to bé used for Spe¢rfd purposes as required by the donor. Expenditure which meets these criteria is allocated to the relevant fund. Income derive(5 frrn) these funds is retsined the fvnds concemed. Detsignaled funds are unrestricted funds which the tSteeS have designated to be used for a Spectr purpose. Where these fL¢nds weld investment income. this is availabje for general puws. Unrestricted funds are funds whith are not designated or restricted. Depreci41ion is calculated 818 rate to write off cost of tangible fixed assets on a ¢ing bal8nce over their estimated useful lives. The rale5 applied per annum are as follows= Fixtures and Fittings 25° Equipment 25% Motor Vehide 25Y. Section G Declaration The trustees dedare that they have approved the trustees. report above. Signed on behalf of the charlS trustees Signathre(s) Full name{s) Position le.g.. Secretary. Chair. etc) '. Pastor Ezekiel AgbcM)L2 ljadde luwafun Chair Secreta 2410112023 TAR March 2012
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2022
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
| Contents | Page | |
|---|---|---|
| Legal and administrative information | 3 | |
| Report of the Trustees | 4 | |
| Report of the independent examiner | 6 | |
| Statement of financial activities | 7 | |
| Balance sheet | 8 | |
| Notes forming part of the financial statements | 9 | & 10 |
2
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH CHARITY NUMBER : 1194558
Legal & Administrative Information
WORKING NAME: CHRIST APOSTOLIC CHURCH DOMINION OUTREACH FINANCIAL YEAR :1st April, 2021 - 31st March, 2022 DIRECTORS/MANAGEMENT COMMITTEE AT 31/03/2022 Pastor Ezekiel Agboola Oladele :Chair Mary Oluwakemi Oluwasola :Secretary Mrs Bukola Olabisi Aibinu :Trustee Address: Suites 5A Pennington Street Walkden Manchester M28 3FU Independent Examiner Charterbrook Accountants EasyHub Croydon Suite 3.12 22 Addiscombe Road Croydon CR0 5PE Bankers Barclays Bank UK Plc 1 Churchill Place London E14 5HP
3
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
Report of the Trustees for the year ended 31st March, 2022
The Trustees present their report along with the financial statements of the charity for the year ended
31 March, 2022. The financial statements have been prepared in accordance with the accounting policies set out on pages 9 to 10 and comply with the charity's trust deed and applicable law.
OBJECTS
-
The advancement of the Christian religion and education
-
Welfare Support to bereaved families
-
The provision of education & support for young people whose parents suffer from mental illness.
-
Evangelism (Radio Ministry)
-
Mission Meal Outreach for the homeless.
-
Workshops and Seminars for Church Leaders.
Legal Status, Governance & Management
Board meetings are bi-monthly and ensure the purpose of the organisation is implemented through effective planning resulting in the annual work plan, associated resources to deliver core and projects, and support to our voluteers, who are the back bone of our service delivery.
Funding
Delivery of our work programme and related costs are archieved through a mixture of offering and tithes, as well as donations from members
Public Benefit
The Board have due regard to the guidance on public benefit in planning, resourcing and delivering its activities.
Risk Management
The Board ensures there is a risk management policy which reflects the range of risk to which the organisation may be exposed and associated mitigating systems are in place.
4
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
Report of the Independent Examiner
We have examined the financial statements on pages 7 to 8 which have been prepared under the accounting policies set out on page 9.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section of the Charities Act 2006 does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners Act, whether particular matters have come to my attention.
Basis of opinion
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Opinion
In connection with our examination, no matter has come to our attention:
-
(1) which gives us reasonable cause to believe that in any material respect the requirements
-
a) to keep accounting records in accordance with section 41 of the Act; and
-
b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
has not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Charterbrook Accountants
Date: 26-Dec-22
EasyHub Croydon Suite 3.12 22 Addiscombe Road Croydon CR0 5PE
6
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH, 2022
| NotRestricted | Unrestricted | TOTAL | TOTAL | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| £ | £ | £ | £ | |||
| Incoming resources: | ||||||
| Grant | - | - | - | - | ||
| Other Income | - | 14,977.00 | 14,977.00 | - | ||
| Tithes & Offering | - | 23,694.00 | 23,694.00 | - | ||
| Gift Aid | - | - | - | - | ||
| Donations | 11,847.00 | 11,847.00 | - | |||
| - | 50,518.00 | 50,518.00 | - | |||
| Less: | ||||||
| Resources Expended | ||||||
| Evangelism & Honorarium | 1,282.00 | 1,282.00 | - | |||
| Rent | 2,665.00 | 2,665.00 | - | |||
| Salaries | 13,424.00 | 13,424.00 | - | |||
| Insurance | - | 183.00 | 183.00 | - | ||
| Welfare Support & Mission Meal | - | 11,547.00 | 11,547.00 | - | ||
| Printing & Publicity | - | 945.00 | 945.00 | - | ||
| Travelling Expenses | - | 1,869.00 | 1,869.00 | - | ||
| Missionary Work | 8,860.00 | 8,860.00 | - | |||
| Volunteer Expenses | - | 1,190.00 | 1,190.00 | - | ||
| Telephone & Internet | - | 144.00 | 144.00 | - | ||
| Independent Examiners fee | - | 575.00 | 575.00 | - | ||
| Conferences/Seminars | - | 3,658.00 | 3,658.00 | - | ||
| Equipment & Materials | - | 2,778.00 | 2,778.00 | - | ||
| Postage & Stationery | - | 161.00 | 161.00 | - | ||
| Subscription, Training & | educational Support | - | 1,004.00 | 1,004.00 | - | |
| Depreciation | 1(f) & 3 | - | - | - | - | |
| TOTAL EXPENSES | 50,285.00 | 50,285.00 | - | |||
| Net Incoming/(Outgoing) | - | 233.00 | 233.00 | - | ||
| Balances b/f | - | - | - | |||
| Balances c/f | 233.00 | 233.00 | - |
7
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
BALANCE SHEET AS AT 31ST MARCH, 2022
| Notes Fixed assets Tangible assets 1(f)& 3 Current assets Debtors & Prepayment 2 Cash at Bank and in hand Creditors: amount falling due within one year 4 Net current assets / Current liabilties Total assets less current liabilites Represented By: Restricted Funds Unrestricted Funds 1B Designated Funds Total Charity Funds |
2022 £ £ £ - - - 808.00 - 808.00 - (575.00) - 233.00 233.00 - 233.00 233.00 |
2021 £ - - |
|---|---|---|
| - | ||
| - - |
||
| - |
We certify that the annexed accounts are in accaordance with the records, information and explanations supplied by
and have our approval.
Signed by Order of the Board
Pastor Ezekiel Agboola Oladele
Date: 26-Dec-22
8
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
Notes forming part of the financial statements for the year ended 31st March, 2022
1. Accounting policies
(a) Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective March 2000). In preparing the financial statements the charity follows best practice as laid down in the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2005) effective October 2000.
(b) Fund Accounting
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purpose. Restricted funds are funds which have been given for particular purposes and projects.
( c ) Incoming resources
All incoming resources are included in the financial statements when the Charity is legally entitled to the income and the income can be quantified with reasonable accuracy. Pledges are only recognised when the amount is certain.
(d) Resources expended
Expenditure is accounted for on accrual basis and classified under the heading appropriate to the nature of the expenditure.
(f) Tangible fixed assets and depreciation
Tangible fixed assets are depreciated on a straight-line basis over their estimated useful lives as follows:
| Equipments 25% Furniture, Fixtures & Fittings 25% Motor Vehicle 25% 2. Current Assets 2022 £ Debtors and Prepayments - Cash at Bank and in hand 233.00 233.00 |
2021 £ - - |
|---|---|
| - |
9
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
Notes forming part of the financial statements (cont'd) for the year ended 31st March, 2022
3. Tangible fixed assets
| Cost At 01 April, 2021 Additions Disposals At 31st March, 2022 Depreciation At 01 April, 2021 Charge for the year On disposals At 31st March, 2022 Net book value At 31st March, 2022 At 31st March, 2021 |
Furniture & Motor Total Equipments Fittings Vehicle £ £ £ £ - - - - - - - - - - - - |
|---|---|
| - - - - |
|
| - - - - - - - - - - - |
|
| - - - - |
|
| 0 0 0 0 |
|
| 0 0 0 0 |
None of these assets were acquired under the terms of hire purchase.
4. CREDITORS: Amount falling due within one year
| Cost of Charitable Activities Independent Examiners fee Other Creditors 5. NET ASSETS/(DEFICIT) BETWEEN FUNDS Restricted Funds Unrestricted Funds Designated Funds Surplus/(Deficit) carried forward |
2022 575 0 575 2022 £ - 233.00 - 233.00 |
2022 575 0 |
2021 0 0 |
|---|---|---|---|
| 575 | 0 | ||
| 2,021 £ - - - |
|||
| - |
- There wee no grants received during the year
10
NOTES 1 TO 6 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS
10
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2022
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
| Contents | Page | |
|---|---|---|
| Legal and administrative information | 3 | |
| Report of the Trustees | 4 | |
| Report of the independent examiner | 6 | |
| Statement of financial activities | 7 | |
| Balance sheet | 8 | |
| Notes forming part of the financial statements | 9 | & 10 |
2
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH CHARITY NUMBER : 1194558
Legal & Administrative Information
WORKING NAME: CHRIST APOSTOLIC CHURCH DOMINION OUTREACH FINANCIAL YEAR :1st April, 2021 - 31st March, 2022 DIRECTORS/MANAGEMENT COMMITTEE AT 31/03/2022 Pastor Ezekiel Agboola Oladele :Chair Mary Oluwakemi Oluwasola :Secretary Mrs Bukola Olabisi Aibinu :Trustee Address: Suites 5A Pennington Street Walkden Manchester M28 3FU Independent Examiner Charterbrook Accountants EasyHub Croydon Suite 3.12 22 Addiscombe Road Croydon CR0 5PE Bankers Barclays Bank UK Plc 1 Churchill Place London E14 5HP
3
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
Report of the Trustees for the year ended 31st March, 2022
The Trustees present their report along with the financial statements of the charity for the year ended
31 March, 2022. The financial statements have been prepared in accordance with the accounting policies set out on pages 9 to 10 and comply with the charity's trust deed and applicable law.
OBJECTS
-
The advancement of the Christian religion and education
-
Welfare Support to bereaved families
-
The provision of education & support for young people whose parents suffer from mental illness.
-
Evangelism (Radio Ministry)
-
Mission Meal Outreach for the homeless.
-
Workshops and Seminars for Church Leaders.
Legal Status, Governance & Management
Board meetings are bi-monthly and ensure the purpose of the organisation is implemented through effective planning resulting in the annual work plan, associated resources to deliver core and projects, and support to our voluteers, who are the back bone of our service delivery.
Funding
Delivery of our work programme and related costs are archieved through a mixture of offering and tithes, as well as donations from members
Public Benefit
The Board have due regard to the guidance on public benefit in planning, resourcing and delivering its activities.
Risk Management
The Board ensures there is a risk management policy which reflects the range of risk to which the organisation may be exposed and associated mitigating systems are in place.
4
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
Report of the Independent Examiner
We have examined the financial statements on pages 7 to 8 which have been prepared under the accounting policies set out on page 9.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section of the Charities Act 2006 does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners Act, whether particular matters have come to my attention.
Basis of opinion
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Opinion
In connection with our examination, no matter has come to our attention:
-
(1) which gives us reasonable cause to believe that in any material respect the requirements
-
a) to keep accounting records in accordance with section 41 of the Act; and
-
b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
has not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Charterbrook Accountants
Date: 26-Dec-22
EasyHub Croydon Suite 3.12 22 Addiscombe Road Croydon CR0 5PE
6
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH, 2022
| NotRestricted | Unrestricted | TOTAL | TOTAL | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | |||
| £ | £ | £ | £ | |||
| Incoming resources: | ||||||
| Grant | - | - | - | - | ||
| Other Income | - | 14,977.00 | 14,977.00 | - | ||
| Tithes & Offering | - | 23,694.00 | 23,694.00 | - | ||
| Gift Aid | - | - | - | - | ||
| Donations | 11,847.00 | 11,847.00 | - | |||
| - | 50,518.00 | 50,518.00 | - | |||
| Less: | ||||||
| Resources Expended | ||||||
| Evangelism & Honorarium | 1,282.00 | 1,282.00 | - | |||
| Rent | 2,665.00 | 2,665.00 | - | |||
| Salaries | 13,424.00 | 13,424.00 | - | |||
| Insurance | - | 183.00 | 183.00 | - | ||
| Welfare Support & Mission Meal | - | 11,547.00 | 11,547.00 | - | ||
| Printing & Publicity | - | 945.00 | 945.00 | - | ||
| Travelling Expenses | - | 1,869.00 | 1,869.00 | - | ||
| Missionary Work | 8,860.00 | 8,860.00 | - | |||
| Volunteer Expenses | - | 1,190.00 | 1,190.00 | - | ||
| Telephone & Internet | - | 144.00 | 144.00 | - | ||
| Independent Examiners fee | - | 575.00 | 575.00 | - | ||
| Conferences/Seminars | - | 3,658.00 | 3,658.00 | - | ||
| Equipment & Materials | - | 2,778.00 | 2,778.00 | - | ||
| Postage & Stationery | - | 161.00 | 161.00 | - | ||
| Subscription, Training & | educational Support | - | 1,004.00 | 1,004.00 | - | |
| Depreciation | 1(f) & 3 | - | - | - | - | |
| TOTAL EXPENSES | 50,285.00 | 50,285.00 | - | |||
| Net Incoming/(Outgoing) | - | 233.00 | 233.00 | - | ||
| Balances b/f | - | - | - | |||
| Balances c/f | 233.00 | 233.00 | - |
7
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
BALANCE SHEET AS AT 31ST MARCH, 2022
| Notes Fixed assets Tangible assets 1(f)& 3 Current assets Debtors & Prepayment 2 Cash at Bank and in hand Creditors: amount falling due within one year 4 Net current assets / Current liabilties Total assets less current liabilites Represented By: Restricted Funds Unrestricted Funds 1B Designated Funds Total Charity Funds |
2022 £ £ £ - - - 808.00 - 808.00 - (575.00) - 233.00 233.00 - 233.00 233.00 |
2021 £ - - |
|---|---|---|
| - | ||
| - - |
||
| - |
We certify that the annexed accounts are in accaordance with the records, information and explanations supplied by
and have our approval.
Signed by Order of the Board
Pastor Ezekiel Agboola Oladele
Date: 26-Dec-22
8
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
Notes forming part of the financial statements for the year ended 31st March, 2022
1. Accounting policies
(a) Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective March 2000). In preparing the financial statements the charity follows best practice as laid down in the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2005) effective October 2000.
(b) Fund Accounting
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purpose. Restricted funds are funds which have been given for particular purposes and projects.
( c ) Incoming resources
All incoming resources are included in the financial statements when the Charity is legally entitled to the income and the income can be quantified with reasonable accuracy. Pledges are only recognised when the amount is certain.
(d) Resources expended
Expenditure is accounted for on accrual basis and classified under the heading appropriate to the nature of the expenditure.
(f) Tangible fixed assets and depreciation
Tangible fixed assets are depreciated on a straight-line basis over their estimated useful lives as follows:
| Equipments 25% Furniture, Fixtures & Fittings 25% Motor Vehicle 25% 2. Current Assets 2022 £ Debtors and Prepayments - Cash at Bank and in hand 233.00 233.00 |
2021 £ - - |
|---|---|
| - |
9
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
Notes forming part of the financial statements (cont'd) for the year ended 31st March, 2022
3. Tangible fixed assets
| Cost At 01 April, 2021 Additions Disposals At 31st March, 2022 Depreciation At 01 April, 2021 Charge for the year On disposals At 31st March, 2022 Net book value At 31st March, 2022 At 31st March, 2021 |
Furniture & Motor Total Equipments Fittings Vehicle £ £ £ £ - - - - - - - - - - - - |
|---|---|
| - - - - |
|
| - - - - - - - - - - - |
|
| - - - - |
|
| 0 0 0 0 |
|
| 0 0 0 0 |
None of these assets were acquired under the terms of hire purchase.
4. CREDITORS: Amount falling due within one year
| Cost of Charitable Activities Independent Examiners fee Other Creditors 5. NET ASSETS/(DEFICIT) BETWEEN FUNDS Restricted Funds Unrestricted Funds Designated Funds Surplus/(Deficit) carried forward |
2022 575 0 575 2022 £ - 233.00 - 233.00 |
2022 575 0 |
2021 0 0 |
|---|---|---|---|
| 575 | 0 | ||
| 2,021 £ - - - |
|||
| - |
- There wee no grants received during the year
10
NOTES 1 TO 6 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS
10