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 Re￿Mend￿j Pra¢tice: A(x>xJnting for Charibes ISORPI issued in October, 20QK).
Voluntary income is re￿1ve(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 se￿￿5 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 r￿ed 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¢rf￿d 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 t￿SteeS 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 charl￿S 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** 

1.  The advancement of the Christian religion and education 

2.  Welfare Support to bereaved families 

3.   The provision of education & support for young people whose parents suffer from mental illness. 

4.    Evangelism (Radio Ministry) 

5.   Mission Meal Outreach for the homeless. 

6.   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** 

|||Not**Restricted**|**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**<br>**Fixed assets**<br>Tangible assets<br>1(f)& 3<br>**Current assets**<br>Debtors & Prepayment<br>2<br>Cash at Bank and in hand<br>Creditors: amount falling due<br>within one year<br>4<br>**Net current assets / Current liabilties**<br>**Total assets less current liabilites**<br>**Represented By:**<br>Restricted Funds<br>Unrestricted Funds<br>1B<br>Designated Funds<br>Total Charity Funds|**2022**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>808.00<br>-<br>808.00<br>-<br>(575.00)<br>-<br>233.00<br>233.00<br>-<br>233.00<br>233.00|**2021**<br>**£**<br>-<br>-|
|---|---|---|
||||
|||-|
|||-<br>-|
|||-|



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<br>25%<br>Furniture, Fixtures & Fittings<br>25%<br>Motor Vehicle<br>25%<br>**2.  Current Assets**<br>**2022**<br>£<br>Debtors and Prepayments<br>-<br>Cash at Bank and in hand<br>233.00<br>**233.00**|**2021**<br>£<br>-<br>-|
|---|---|
||**-**|



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**<br>At 01 April, 2021<br>Additions<br>Disposals<br>At 31st March, 2022<br>**Depreciation**<br>At 01 April, 2021<br>Charge for the year<br>On disposals<br>At 31st March, 2022<br>**Net book value**<br>At 31st March, 2022<br>At 31st March, 2021|**Furniture &**<br>**Motor**<br>**Total**<br>**Equipments**<br>**Fittings**<br>**Vehicle**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
|---|---|
||-<br>-<br>-<br>-|
||-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
||-<br>-<br>-<br>-|
||0<br>0<br>0<br>0|
||0<br>0<br>0<br>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**<br>Independent Examiners fee<br>Other Creditors<br>5.  NET ASSETS/(DEFICIT) BETWEEN FUNDS<br>Restricted Funds<br>Unrestricted Funds<br>Designated Funds<br>Surplus/(Deficit) carried forward|**2022**<br>575<br>0<br>575<br>2022<br>£<br>-<br>233.00<br>-<br>233.00|**2022**<br>575<br>0|**2021**<br>0<br>0|
|---|---|---|---|
|||575|0|
||||2,021<br>£<br>-<br>-<br>-|
||||-|



6.   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** 

1.  The advancement of the Christian religion and education 

2.  Welfare Support to bereaved families 

3.   The provision of education & support for young people whose parents suffer from mental illness. 

4.    Evangelism (Radio Ministry) 

5.   Mission Meal Outreach for the homeless. 

6.   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** 

|||Not**Restricted**|**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**<br>**Fixed assets**<br>Tangible assets<br>1(f)& 3<br>**Current assets**<br>Debtors & Prepayment<br>2<br>Cash at Bank and in hand<br>Creditors: amount falling due<br>within one year<br>4<br>**Net current assets / Current liabilties**<br>**Total assets less current liabilites**<br>**Represented By:**<br>Restricted Funds<br>Unrestricted Funds<br>1B<br>Designated Funds<br>Total Charity Funds|**2022**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>808.00<br>-<br>808.00<br>-<br>(575.00)<br>-<br>233.00<br>233.00<br>-<br>233.00<br>233.00|**2021**<br>**£**<br>-<br>-|
|---|---|---|
||||
|||-|
|||-<br>-|
|||-|



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<br>25%<br>Furniture, Fixtures & Fittings<br>25%<br>Motor Vehicle<br>25%<br>**2.  Current Assets**<br>**2022**<br>£<br>Debtors and Prepayments<br>-<br>Cash at Bank and in hand<br>233.00<br>**233.00**|**2021**<br>£<br>-<br>-|
|---|---|
||**-**|



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**<br>At 01 April, 2021<br>Additions<br>Disposals<br>At 31st March, 2022<br>**Depreciation**<br>At 01 April, 2021<br>Charge for the year<br>On disposals<br>At 31st March, 2022<br>**Net book value**<br>At 31st March, 2022<br>At 31st March, 2021|**Furniture &**<br>**Motor**<br>**Total**<br>**Equipments**<br>**Fittings**<br>**Vehicle**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
|---|---|
||-<br>-<br>-<br>-|
||-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
||-<br>-<br>-<br>-|
||0<br>0<br>0<br>0|
||0<br>0<br>0<br>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**<br>Independent Examiners fee<br>Other Creditors<br>5.  NET ASSETS/(DEFICIT) BETWEEN FUNDS<br>Restricted Funds<br>Unrestricted Funds<br>Designated Funds<br>Surplus/(Deficit) carried forward|**2022**<br>575<br>0<br>575<br>2022<br>£<br>-<br>233.00<br>-<br>233.00|**2022**<br>575<br>0|**2021**<br>0<br>0|
|---|---|---|---|
|||575|0|
||||2,021<br>£<br>-<br>-<br>-|
||||-|



6.   There wee no grants received during the year 

10 



NOTES 1 TO 6 FORM AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS 

10