## **Trustees’ Annual Report for the period**
## **Charity name: CHRIST APOSTOLIC CHURCH DOMINION OUTREACH Charity registration number: 1194558**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance the Christian religion and**
**education in England and Wales in**
**accordance with the statement of belief**
**appearing in schedule and Christian**
**doctrines, for the benefit of the public.**
**The prevention or relief of poverty mainly**
**in Manchester and other places by**
**providing grants, items and services to**
**individuals and supporting other**
**charities or organisations, working to**
**prevent or relieve poverty.**
**All our objects are charitable.**|
|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|**We undertook our usual weekly, monthly**
**and annual church activities such as**
**bible study, prayer meetings, preaching,**
**counselling, evangelism, Christmas**
**carol, seminar/retreat and annual**
**convention.**
**Mission Meal Outreach for the homeless.**
**Welfare Support to the bereaved**
**families.**
**Workshops and Seminars for Church**
**Leaders.**
**Provision of education and support for**
**young people whose parents suffer from**
**mental illness.**
**All our Objects are charitable and our**
**activities are design for public benefit**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Our trustees have had regard to the**
**guidance issued by the Charity**
**Commission on public benefit**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**The Trustees must use the income and**
**other revenues of the organisation in**
**promoting the Objects in the governing**
**document (Trust Deed) This will include**
**the purpose of actually carrying out the**
**objects as in paragraphs 1, 3.2 and 3.3 of**
**the Trust Deed.**
**We currently have limited funds and can**
**only make grants in the form of small**
**financial assistance to applicants in**
**genuine need and not to those who have**
**deliberately made themselves destitute,**
**or those who have not explored other**
**available sources like their entitlement to**
**state/social benefits or affordable**
**commercial loans. Consideration will be**
**given to individuals who are genuinely**
**experiencing financial hardship or sick**
**because they are poor or at risk of**
**becoming poor, due to ill-health, and**
**people who are unemployed and people**
**that do not have recourse to public**
**funds. Therefore, each application will be**
**Means-tested and assessed on their**
**individual merits.**
**Depending on availability of funds, Small**
**financial grant may also be given to**
**support other charitable organisations**
**undertaking similar object and activities,**
**or rural communities facing crisis or**
**natural disaster.**
**No trustee or connected person to a**
**trustee may use their position to**
**influence or obtain any qualifying the**
**criteria mentioned above. Such trustee or**
**their connected person MUST NOT be**
**involved in the decision making for their**
**grant application. Please see the Conflict-**
**of-interest Policy.**|
|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|**Assisted and supported people towards**
**employment.**
**Supported homeless and less privileged**
**people by providing food and materials**
**for them.**
**Provided educational training, materials**
**and support for youngsters which helped**
**them gain placement into University**
**education.**
**Restored families through counselling**
**and marriage enrichment programmes.**
**Relieved poverty for some people**
**through provision of clothing, toiletries**
**for homeless people.**
**Organised monthly programme (The**
**gathering of the champions). Providing**
**prayers and encouragement.**
**Organised morning coffee at the town**
**centres during winter.**
**Organising evangelism at the town**
**centres to preach the gospel, counsel,**
**pray and give out bible and fliers to those**
**that are willing.**|
## **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**
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**TRUSTEES AND OTHER RELATED**
**PARTIES**
**No payments were made to any trustee or**
**any person connected with them. No**
**material transaction took place with a**
**trustee or any person connected with**
**them.**
**GRANTS**
**There were no Grants received during the**
**year.**
**GIFT AID**
**There were no Gift Aid received during**
**the year.**
**The following are extracts from Annual**
**Account for the year ending 31st March,**
**2023**
**TOTAL INCOMING RESOURCES 44,214**
**Total Resources expended on**
**Managing and Administering the**
**Charity 43,645**
**Net Income/(Outgoing) Resources 802**|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22||
|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|**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|**The main sources of the charity’s income**
**are offering & tithes as well as donations**
**and gifts from supporters and members.**|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**In addition to any other powers they**
**have, the Trustees may exercise any of**
**the following powers in order to further**
**the objects (but not for any other**
**purpose):**
**(1)**
**To raise funds. In exercising this**
**power, the Trustees must not undertake**
**any substantial permanent trading**
**activity and must comply with any**
**relevant statutory regulations;**
**(2)**
**To buy, take on lease or in**|
|||**exchange, hire or otherwise acquire**
**property and to maintain and equip it for**
**use;**
**(3)**
**To sell, lease or otherwise dispose**
**of all or any part of the property**
**belonging to the Charity. In exercising**
**this power, the Trustees must comply as**
**appropriate with section 36 and 37 of the**
**Charities Act 1993, as amended by the**
**Charities Act 2006;**
**(4)**
**To borrow money and to charge**
**the whole or any part of the property**
**belonging to the Charity as security for**
**repayment of the money borrowed. The**
**Trustees must comply as appropriate**
**with sections 38 and 39 of the Charities**
**Act 1993, as amended by the Charities**
**Act 2006, if they wish to mortgage land**
**owned by the Charity;**
**(5)**
**To co-operate with other charities,**
**voluntary bodies and statutory**
**authorities and to exchange information**
**and advice with them;**
**(6)**
**To establish or support any**
**charitable trusts, associations or**
**institutions formed for any of the**
**charitable purposes included in the**
**objects;**
**(7)**
**To acquire, merge with or enter**
**into any partnership or join venture**
**arrangement with any other Charity**
**formed for any of the objects;**
**(8)**
**To create such advisory**
**committees as the Trustees think fit;**
**(9)**
**To employ and remunerate such**
**staff as are necessary for carrying out the**
**work of the Charity;**
**(10)**
**To do any other lawful thing that is**
**necessary or desirable for the**
**achievement of the objects.**|
|---|---|---|
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|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**|
|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|**Apart from the first trustee, every**
**trustee must be appointed for a term of**
**three years by a resolution of the**
**trustees passed at a special meeting**
**called under clause 15 of the deed.**|
**Additional information (optional)** You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
## **Reference and Administrative details**
|Charity name|**CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**|
|---|---|
|Other name the charity uses||
|Registered charity number|**1194558**|
|Charity’s principal address|**Suites 5A Pennington Street, Walkden**
**Manchester.**
**M28 3FU**|
|||
## **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 (ifany)**|
|---|---|---|---|---|
||**Ezekiel Agboola**
**Oladele**|**Chair**|**Whole year**|**Trustee Board**|
||**Mary Oluwafunke**
**Oluwasola**|**Trustee**|**Whole year**|**Trustee Board**|
||**Bukola Olabisi**
**Aibinu**|**Trustee**|**Whole year**|**Trustee Board**|
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– 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 held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for 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**|||
|---|---|---|
||**Pastor Ezekiel Agboola Oladele**|**Mrs. Mary Oluwafunke Oluwasola**|
||
**Chair**|**Trustee**|
||27/12/2023||
||27/12/2023||
## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**
**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2023**
## **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, 2022 - 31st March, 2023 DIRECTORS/MANAGEMENT COMMITTEE AT 31/03/2023 Pastor Ezekiel Agboola Oladele :Chair Mrs Mary Oluwafunke Oluwasola :Trustee Mrs Bukola Olabisi Aibinu :Tustee **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, 2023
The Trustees present their report along with the financial statements of the charity for the year ended 31 March, 2023. 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 Volunteers who are the backbone to 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: 25-Dec-23 **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, 2023**
|**FOR THE YEAR ENDED 31ST MARCH, 2023**||
|---|---|
|Notes
Incoming resources:
**Grant**
Other Income
Tithes & Offering
Gift Aid
**Donations**
**Less:**
**Resources Expended**
**Evangelism & Honorarium**
Rent
Salaries
Insurance
Welfare Support & Mission Meal
**Printing & Publicity**
**Travelling Expenses**
**Missionary Work**
Volunteer Expenses
Telephone & Internet
Independent Examiners fee
Conferences/Seminars
Equipment & Materials
Postage & Stationery
Subscription, Training & educational Support
Depreciation
1(f) & 3
TOTAL EXPENSES
Net Incoming/(Outgoing)
Balances b/f
Balances c/f|**Restricted**
**Unrestricted**
**TOTAL**
TOTAL
**Funds**
**Funds**
2023
2022
**£**
**£**
**£**
£
**-**
**-**
**-**
-
**-**
13,105.00
13,105.00
14,977.00
**-**
20,736.00
20,736.00
23,694.00
**-**
-
-
-
10,373.00
10,373.00
11,847.00|
||**-**
44,214.00
44,214.00
50,518.00|
||2,108.00
2,108.00
1,282.00
2,665.00
2,665.00
2,665.00
11,025.00
11,025.00
13,424.00
**-**
160.00
160.00
183.00
**-**
7,988.00
7,988.00
11,547.00
**-**
2,776.00
2,776.00
945.00
**-**
1,541.00
1,541.00
1,869.00
5,753.00
5,753.00
8,860.00
**-**
987.00
987.00
1,190.00
**-**
183.00
183.00
144.00
**-**
575.00
575.00
575.00
**-**
3,909.00
3,909.00
3,658.00
**-**
2,716.00
2,716.00
2,778.00
**-**
306.00
306.00
161.00
**-**
953.00
953.00
1,004.00
**-**
-
-
-|
||**-**
43,645.00
43,645.00
50,285.00
**-**
569.00
569.00
233.00|
||**-**
233.00
233.00
-|
||**-**
802.00
802.00
**233.00**|
7
## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**
## **BALANCE SHEET AS AT 31ST MARCH, 2023**
|**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|**2023**
**2022**
**£**
**£**
**£**
**£**
-
-
-
-
1,377.00
808.00
1,377.00
808.00
(575.00)
(575.00)
802.00
233.00
802.00
233.00
-
-
802.00
233.00
802.00
233.00|**2023**
**2022**
**£**
**£**
**£**
**£**
-
-
-
-
1,377.00
808.00
1,377.00
808.00
(575.00)
(575.00)
802.00
233.00
802.00
233.00
-
-
802.00
233.00
802.00
233.00|
|---|---|---|
||||
|||233.00|
|||-
233.00|
|||233.00|
We certify that the annexed accounts are in accaordance with the records, information and explanations supplied by us Trustee
and have our approval.
Signed by Order of the Board
**Pastor Ezekiel Agboola Oladele**
**Date:** 25-Dec-23
8
## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**
## **Notes forming part of the financial statements for the year ended 31st March, 2023**
## **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**
|Debtors and Prepayments
Cash at Bank and in hand|**2023**
**2022**
£
£
-
-
1,377.00
233.00
**1,377.00**
**233.00**|
|---|---|
9
## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**
## **Notes forming part of the financial statements (cont'd) for the year ended 31st March, 2023**
## **3. Tangible fixed assets**
|**Cost**
At 01 April, 2022
Additions
Disposals
At 31st March, 2023
**Depreciation**
At 01 April, 2022
Charge for the year
On disposals
At 31st March, 2023
**Net book value**
At 31st March, 2023
At 31st March, 2022|**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**
||**2023**||**2022**||
|---|---|---|---|---|
|**Cost of Charitable Activities**|||||
|Independent Examiners fee||575||575|
|Other Creditors||0||0|
|||575||575|
10
## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**
**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2023**
## **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, 2022 - 31st March, 2023 DIRECTORS/MANAGEMENT COMMITTEE AT 31/03/2023 Pastor Ezekiel Agboola Oladele :Chair Mrs Mary Oluwafunke Oluwasola :Trustee Mrs Bukola Olabisi Aibinu :Tustee **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, 2023
The Trustees present their report along with the financial statements of the charity for the year ended 31 March, 2023. 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 Volunteers who are the backbone to 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: 25-Dec-23 **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, 2023**
|**FOR THE YEAR ENDED 31ST MARCH, 2023**||
|---|---|
|Notes
Incoming resources:
**Grant**
Other Income
Tithes & Offering
Gift Aid
**Donations**
**Less:**
**Resources Expended**
**Evangelism & Honorarium**
Rent
Salaries
Insurance
Welfare Support & Mission Meal
**Printing & Publicity**
**Travelling Expenses**
**Missionary Work**
Volunteer Expenses
Telephone & Internet
Independent Examiners fee
Conferences/Seminars
Equipment & Materials
Postage & Stationery
Subscription, Training & educational Support
Depreciation
1(f) & 3
TOTAL EXPENSES
Net Incoming/(Outgoing)
Balances b/f
Balances c/f|**Restricted**
**Unrestricted**
**TOTAL**
TOTAL
**Funds**
**Funds**
2023
2022
**£**
**£**
**£**
£
**-**
**-**
**-**
-
**-**
13,105.00
13,105.00
14,977.00
**-**
20,736.00
20,736.00
23,694.00
**-**
-
-
-
10,373.00
10,373.00
11,847.00|
||**-**
44,214.00
44,214.00
50,518.00|
||2,108.00
2,108.00
1,282.00
2,665.00
2,665.00
2,665.00
11,025.00
11,025.00
13,424.00
**-**
160.00
160.00
183.00
**-**
7,988.00
7,988.00
11,547.00
**-**
2,776.00
2,776.00
945.00
**-**
1,541.00
1,541.00
1,869.00
5,753.00
5,753.00
8,860.00
**-**
987.00
987.00
1,190.00
**-**
183.00
183.00
144.00
**-**
575.00
575.00
575.00
**-**
3,909.00
3,909.00
3,658.00
**-**
2,716.00
2,716.00
2,778.00
**-**
306.00
306.00
161.00
**-**
953.00
953.00
1,004.00
**-**
-
-
-|
||**-**
43,645.00
43,645.00
50,285.00
**-**
569.00
569.00
233.00|
||**-**
233.00
233.00
-|
||**-**
802.00
802.00
**233.00**|
7
## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**
## **BALANCE SHEET AS AT 31ST MARCH, 2023**
|**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|**2023**
**2022**
**£**
**£**
**£**
**£**
-
-
-
-
1,377.00
808.00
1,377.00
808.00
(575.00)
(575.00)
802.00
233.00
802.00
233.00
-
-
802.00
233.00
802.00
233.00|**2023**
**2022**
**£**
**£**
**£**
**£**
-
-
-
-
1,377.00
808.00
1,377.00
808.00
(575.00)
(575.00)
802.00
233.00
802.00
233.00
-
-
802.00
233.00
802.00
233.00|
|---|---|---|
||||
|||233.00|
|||-
233.00|
|||233.00|
We certify that the annexed accounts are in accaordance with the records, information and explanations supplied by us Trustee
and have our approval.
Signed by Order of the Board
**Pastor Ezekiel Agboola Oladele**
**Date:** 25-Dec-23
8
## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**
## **Notes forming part of the financial statements for the year ended 31st March, 2023**
## **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**
|Debtors and Prepayments
Cash at Bank and in hand|**2023**
**2022**
£
£
-
-
1,377.00
233.00
**1,377.00**
**233.00**|
|---|---|
9
## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH**
## **Notes forming part of the financial statements (cont'd) for the year ended 31st March, 2023**
## **3. Tangible fixed assets**
|**Cost**
At 01 April, 2022
Additions
Disposals
At 31st March, 2023
**Depreciation**
At 01 April, 2022
Charge for the year
On disposals
At 31st March, 2023
**Net book value**
At 31st March, 2023
At 31st March, 2022|**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**
||**2023**||**2022**||
|---|---|---|---|---|
|**Cost of Charitable Activities**|||||
|Independent Examiners fee||575||575|
|Other Creditors||0||0|
|||575||575|
10