CHARITY COMMISSION
FOR ENGLAND AND WALES
Trustees. Annual Report for the period
From 1 stl 0412023
Period start date To 31st 10312024 Period end date
Charlty 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
doctri nes, 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 Ihe main
activilie5 in relalion to those
purposes for the public
benefit, in particular, the
activities. projects or services
identified in the accounts.
Paral.17 and
1.19
We undertook our usual weekly, monthl
and annual church activities such as
bible study, prayer meetings, preaching,
counselling, evangelism, Christmas
carol, seminar/retreat and annual
convention.
Mission Meal Outreach for rhe 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 a re design for public benefit
Our trustees have had regard to rhe
guidance issued by the Charity
Commission on public benefit
Statement conlirming
whether Ihe trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18

Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference
Policy on grant making
Paral.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
statelsocial benefits or affordable
commercial loans. Consideration will be
given to individuals who are genuinely
experiencing fi nancial 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 publii
funds. Therefore, each application will be
Mean5-tested and assessed on their
individual merits.
Depending on availability of funds, Small
financial grant may also be given to
SUPPOrt other charitable organi5ation5
undertaking similar object and activities,
or rural communities facing crisis or
natural disaster.
No trustee or connected person to a
trustee may use thei r posltion 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.
Para 1.38
Policy on social investment
including program related
investment
Paral.38
Contribution made by
volunteers
Other

Achievements and Performance
SORP reference
Assisted and supported people towards
employment.
Supported homeless and less privileged
people by providing food and materials
forthem.
Summary of the main
achievements of the charity.
identifying the difterence the
charity's work has tnade to
the circumstances of its
beneficiaries and any wider
benefits lo sociely as a
whole.
Paral.20
Provided educational training, materia15
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). Provid i ng
prayers and encouragement.
Organised morning coffee at the town
centres during winter.
Organising evangelism atthe town
centres to preach the gospel, counsel,
pray and give out bible and fliers to those
that are willing.
Additional information (optional)
Ynii phnrte• tn jnrliiA• fiirth•r <tjtAmArat< wh•Lr# Jhniit•
Achievements against
objectives set
Paral.41
Performance of fundraising
activilies against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.11

Other

Financial Review
Review of the charity's financlal posltlon at the end of the perlod
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 GiftAid received during the
year.
The following are extracts from Annual
Account for the year ending 31st March, 2023
TOTAL INCOMING RESOURCES
Total Resources expended on
Managing and Administering the
Charity
Net Incomelloutgoingl Resources
79,124.00
69,096.00
10,830.00
Statement explaining the
policy for holding reserves
stating why they are held
Amount of reserves held
Reasons for holding zero
reserves
Details of fund materially in
deficit
Explanation of any
uncertaintie5 about Ihe
charity continuing as a going
concern
Paral.22
Para 1.22
Para 1.22
Para 1.24
Paral.23
Additional information (o
tional)
You may choose to include furfher statements where relevant about:
The main sources of the charitls income
are offering & tithes as well as donations
and gifts from SLJPPOrters and members.
The charity 5 principal
sources of funds (including
any fundraising)
Paral.47
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
purposel=
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.,
121
To buy, take on lease or in
exchange, hire or otherwise acqu i re
property and to maintain and equip it for
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46

131
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,.
141
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,.
151
To co-operate with other charities,
voluntary bodies and statutory
authorities and to exchange information
and advice with them,.
161
To establish or support any
charitable trusts, associations or
institutions formed for any of the
charitable purposes included in the
objects,.
171
To acquire, merge with or enter
into any partnership or join venture
arrangement with any other Charity
formed for any of the objects..
181
To create such advisory
committees as the Trustees think fit,.
191
To employ and remunerate such
staff as are necessary for carrying out the
work ofthe Charity-,
1101 To do any other lawful thi ng that is
necessary or desirable for the
achievement ofthe ob ects.
A description of the principal
risks facin2 the charity
Para 1.46
Other

Structure. Governance and Management
Description ol charity's
trLJSts'.
ypeD
governing
ocumen
Para 1.25
Trust Deed
owls
constituted?
Iioiated
Paral.25
cio
Para 1.25
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
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 clause15 of the deed.
Additional information
You may choose to include
ioptional)
urther statements where relevant abDUt:
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
Paral.51
Relationship with any related
parties
Paral.51
Other
Reference and Administrative details
Charit
narne Other name the
charity uses Registered charity
number
Charity s
principal
address
CHRIST APOSTOLIC CHURCH DOMINION OUTREACH
1194558
Suites 5A Pennington Street. Walkden
Nlanchester.
M28 3Lt2

Names of the charity trustees who manage the charity
Dates acted if not for whole
Trustee name
Office lif any)
Name of person lor body) entitled
toa
.point trustee
Ezekiel Agboola
Oladele
Maryoluwafunke
Oluwasola
Bu kola Olabisi Aibinu
Chair
Whole year
Trustee 8oard
Trustee
Whole year
Trustee Board
Trustee
Whole year
Whole year
Trustee Board
Trustee Board
Oyindamola Elizabeth
Olanrewaju
Trustee
io
li
12
13
14
15
16
17
18
19
20
n2mrxo nf th￿ Airrxrlnrc at thp A21rJ th(J runnrt
Director name
Name of trustees holding title to property belonging to the charity
Trustee name
Dates acted if not for whole
ear

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 vvithin the custodian
charity's objecls
Details of arrangements for
safe custody and
segregation of such assets
from the charily'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 ol key personnel detai15
Other optional information

Declarations
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charitys trustees
5ignature{s)
Full name{s)
Position leg Secretary
Chai r, etc
Pastor Ezekiel Agboola Oladele
Chair
Nlrs. Mary Oluwafunke Oluwasola
Trustee
Date
0810112025

## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH** 

**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2024** 



## **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, 2023 - 31st March, 2024||
|DIRECTORS/MANAGEMENT COMMITTEE|||
|AT 31/03/2022|Pastor Ezekiel Agboola Oladele|Chair|
||Oyindamola Elizabeth Olanrewaju|Trustee|
||Oluwafunke Oluwasola|Secretary|
||Bukola Olabisi Aibinu|Trustee|
|**Address:**|Suites 5A Pennington Street||
||Walkden||
||Manchester||
||M28 3LR||
|**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, 2024 

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 resu the annual work plan, associated resources to deliver core and projects, and support to our voluteers, who are the back bon** 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 m 

## **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 as **mitigating systems are in place.** 

4 



ie of our

## **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: 8-Jan-24 

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, 2024** 

|||Not**Restricted**|**Unrestricted**|**TOTAL**|TOTAL|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**2024**|2023|
|||**£**|**£**|**£**|£|
|Incoming resources:||||||
|**Grant**||**-**|**-**|**-**|-|
|Other Income||**-**|33,593.00|33,593.00|13,105.00|
|Tithes & Offering||**-**|30,835.00|30,835.00|20,736.00|
|Gift Aid||**-**|**-**|**-**|-|
|**Donations**|||**14,696.00**|**14,696.00**|10,373.00|
|||**-**|**79,124.00**|79,124.00|44,214.00|
|**Less:**||||||
|**Resources Expended**||||||
|**Evangelism & Honorarium**|||2,275.00|2,275.00|2,108.00|
|Rent|||9,420.00|9,420.00|2,665.00|
|Salaries|||27,980.00|27,980.00|4,025.00|
|Insurance||**-**|774.00|774.00|160.00|
|Welfare Support & Mission Meal||**-**|**10,530.00**|**10,530.00**|12,988.00|
|**Printing & Publicity**||**-**|**1,205.00**|1,205.00|776.00|
|**Travelling Expenses**||**-**|1,657.00|1,657.00|1,541.00|
|**Missionary Work**|||5,010.00|5,010.00|7,753.00|
|Volunteer Expenses||**-**|2,083.00|2,083.00|987.00|
|Telephone & Internet||**-**|346.00|346.00|183.00|
|Independent Examiners fee||**-**|575.00|575.00|575.00|
|Conferences/Seminars||**-**|1,850.00|1,850.00|5,909.00|
|Equipment & Materials||**-**|3,202.00|3,202.00|2,716.00|
|Postage & Stationery||**-**|512.00|512.00|306.00|
|Subscription, Training &|educational Support|**-**|1,207.00|1,207.00|953.00|
|Depreciation|1(f) & 3|**-**|470.00|470.00|-|
|TOTAL EXPENSES|||69,096.00|69,096.00|43,645.00|
|Net Incoming/(Outgoing)||**-**|10,028.00|10,028.00|569.00|
|Balances b/f|||802.00|802.00|233.00|
|Balances c/f|||**10,830.00**|**10,830.00**|802.00|



7 



## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH** 

## **BALANCE SHEET AS AT 31ST MARCH, 2024** 

|**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|**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>1,880.00<br> <br>-<br>-<br>-<br>9,525.00<br>1,377.00<br>9,525.00<br> <br>1,377.00<br>(575.00)<br> <br>(575.00)<br>8,950.00<br>802.00<br>10,830.00<br>802.00<br>-<br>-<br>10,830.00<br>802.00<br>10,830.00<br> <br>802.00|**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>1,880.00<br> <br>-<br>-<br>-<br>9,525.00<br>1,377.00<br>9,525.00<br> <br>1,377.00<br>(575.00)<br> <br>(575.00)<br>8,950.00<br>802.00<br>10,830.00<br>802.00<br>-<br>-<br>10,830.00<br>802.00<br>10,830.00<br> <br>802.00|
|---|---|---|
||||
|||802.00|
|||-<br>802.00|
|||802.00|



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:** 8-Jan-25 

8 



## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH** 

## **Notes forming part of the financial statements for the year ended 31st March, 2024** 

## **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>20%<br>Furniture, Fixtures & Fittings<br>20%<br>Motor Vehicle<br>20%<br>**2.  Current Assets**<br>**2024**<br>£<br>Debtors and Prepayments<br>-<br>Cash at Bank and in hand<br>9,525.00<br>**9,525.00**|**2023**<br>£<br>-<br>1,377.00|
|---|---|
||**1,377.00**|



9 



## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH** 

## **Notes forming part of the financial statements (cont'd) for the year ended 31st March, 2024** 

## **3.  Tangible fixed assets** 

|**Cost**<br>At 01 April, 2023<br>Additions<br>Disposals<br>At 31st March, 2024<br>**Depreciation**<br>At 01 April, 2023<br>Charge for the year<br>On disposals<br>At 31st March, 2024<br>**Net book value**<br>At 31st March, 2024<br>At 31st March, 2023|**Furniture &**<br>**Motor**<br>**Total**<br>**Equipments**<br>**Fittings**<br>**Vehicle**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>2,350.00<br>-<br>-<br>2,350.00<br>-<br>-<br>-<br>-|
|---|---|
||2,350.00<br>-<br>-<br>2,350.00|
||-<br>-<br>-<br>-<br>470.00<br>-<br>-<br>470.00<br>-<br>-<br>-|
||470.00<br>-<br>-<br>-|
||1,880<br>0<br>0<br>1,880|
||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|**2024**<br>**2023**<br>575<br>575<br>0<br>0|
|---|---|
||575<br>575|



10 



## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH** 

**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2024** 



## **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, 2023 - 31st March, 2024||
|DIRECTORS/MANAGEMENT COMMITTEE|||
|AT 31/03/2022|Pastor Ezekiel Agboola Oladele|Chair|
||Oyindamola Elizabeth Olanrewaju|Trustee|
||Oluwafunke Oluwasola|Secretary|
||Bukola Olabisi Aibinu|Trustee|
|**Address:**|Suites 5A Pennington Street||
||Walkden||
||Manchester||
||M28 3LR||
|**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, 2024 

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 resu the annual work plan, associated resources to deliver core and projects, and support to our voluteers, who are the back bon** 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 m 

## **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 as **mitigating systems are in place.** 

4 



ie of our

## **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: 8-Jan-24 

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, 2024** 

|||Not**Restricted**|**Unrestricted**|**TOTAL**|TOTAL|
|---|---|---|---|---|---|
|||**Funds**|**Funds**|**2024**|2023|
|||**£**|**£**|**£**|£|
|Incoming resources:||||||
|**Grant**||**-**|**-**|**-**|-|
|Other Income||**-**|33,593.00|33,593.00|13,105.00|
|Tithes & Offering||**-**|30,835.00|30,835.00|20,736.00|
|Gift Aid||**-**|**-**|**-**|-|
|**Donations**|||**14,696.00**|**14,696.00**|10,373.00|
|||**-**|**79,124.00**|79,124.00|44,214.00|
|**Less:**||||||
|**Resources Expended**||||||
|**Evangelism & Honorarium**|||2,275.00|2,275.00|2,108.00|
|Rent|||9,420.00|9,420.00|2,665.00|
|Salaries|||27,980.00|27,980.00|4,025.00|
|Insurance||**-**|774.00|774.00|160.00|
|Welfare Support & Mission Meal||**-**|**10,530.00**|**10,530.00**|12,988.00|
|**Printing & Publicity**||**-**|**1,205.00**|1,205.00|776.00|
|**Travelling Expenses**||**-**|1,657.00|1,657.00|1,541.00|
|**Missionary Work**|||5,010.00|5,010.00|7,753.00|
|Volunteer Expenses||**-**|2,083.00|2,083.00|987.00|
|Telephone & Internet||**-**|346.00|346.00|183.00|
|Independent Examiners fee||**-**|575.00|575.00|575.00|
|Conferences/Seminars||**-**|1,850.00|1,850.00|5,909.00|
|Equipment & Materials||**-**|3,202.00|3,202.00|2,716.00|
|Postage & Stationery||**-**|512.00|512.00|306.00|
|Subscription, Training &|educational Support|**-**|1,207.00|1,207.00|953.00|
|Depreciation|1(f) & 3|**-**|470.00|470.00|-|
|TOTAL EXPENSES|||69,096.00|69,096.00|43,645.00|
|Net Incoming/(Outgoing)||**-**|10,028.00|10,028.00|569.00|
|Balances b/f|||802.00|802.00|233.00|
|Balances c/f|||**10,830.00**|**10,830.00**|802.00|



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## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH** 

## **BALANCE SHEET AS AT 31ST MARCH, 2024** 

|**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|**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>1,880.00<br> <br>-<br>-<br>-<br>9,525.00<br>1,377.00<br>9,525.00<br> <br>1,377.00<br>(575.00)<br> <br>(575.00)<br>8,950.00<br>802.00<br>10,830.00<br>802.00<br>-<br>-<br>10,830.00<br>802.00<br>10,830.00<br> <br>802.00|**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>1,880.00<br> <br>-<br>-<br>-<br>9,525.00<br>1,377.00<br>9,525.00<br> <br>1,377.00<br>(575.00)<br> <br>(575.00)<br>8,950.00<br>802.00<br>10,830.00<br>802.00<br>-<br>-<br>10,830.00<br>802.00<br>10,830.00<br> <br>802.00|
|---|---|---|
||||
|||802.00|
|||-<br>802.00|
|||802.00|



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:** 8-Jan-25 

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## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH** 

## **Notes forming part of the financial statements for the year ended 31st March, 2024** 

## **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>20%<br>Furniture, Fixtures & Fittings<br>20%<br>Motor Vehicle<br>20%<br>**2.  Current Assets**<br>**2024**<br>£<br>Debtors and Prepayments<br>-<br>Cash at Bank and in hand<br>9,525.00<br>**9,525.00**|**2023**<br>£<br>-<br>1,377.00|
|---|---|
||**1,377.00**|



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## **CHRIST APOSTOLIC CHURCH DOMINION OUTREACH** 

## **Notes forming part of the financial statements (cont'd) for the year ended 31st March, 2024** 

## **3.  Tangible fixed assets** 

|**Cost**<br>At 01 April, 2023<br>Additions<br>Disposals<br>At 31st March, 2024<br>**Depreciation**<br>At 01 April, 2023<br>Charge for the year<br>On disposals<br>At 31st March, 2024<br>**Net book value**<br>At 31st March, 2024<br>At 31st March, 2023|**Furniture &**<br>**Motor**<br>**Total**<br>**Equipments**<br>**Fittings**<br>**Vehicle**<br>**£**<br>**£**<br>**£**<br>**£**<br>-<br>-<br>-<br>-<br>2,350.00<br>-<br>-<br>2,350.00<br>-<br>-<br>-<br>-|
|---|---|
||2,350.00<br>-<br>-<br>2,350.00|
||-<br>-<br>-<br>-<br>470.00<br>-<br>-<br>470.00<br>-<br>-<br>-|
||470.00<br>-<br>-<br>-|
||1,880<br>0<br>0<br>1,880|
||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|**2024**<br>**2023**<br>575<br>575<br>0<br>0|
|---|---|
||575<br>575|



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