Charity Number: 1165420
EVANGEL PENTECOST CHURCH
'Oll Tiif VL,111 F.)l)l*.11 .11) J I:.NF 21)24

EVANGEL PENTECOST CHURCH
Reports and Accounts
Contents
Page
Adminislralive Details
Independent Examinerfs report
Trustees Report
Slalemenl of Financial Acliwlies
Balance Sheet
Note$ lo the Accounts

EVANGEL PENTECOST CHURCH
ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS TRUSTEES
CHARITY NUMBER:
1195872
Board of Trustees
Paul Toun
Zipere Comfort Toun
Iheanyi Eiiogu
Nwabuludike Anthony Omezie
Chris Oshirenua
Adebanio Ganiyu Toluwalawi
Eitare Otrofanowei
Principal office address
Suite 11
George Street
Croydon
CROIPE

EVANGEL pE￿ECO5T CHURCH
Report of Trustees
The Iruslees present their report and accounts for the year ended 30 June 2024
The Trustees have adopted the provisions of the Statement of Recommended Practice ISORPI
'Accounting and Reporting by Chanlies (Revised 20051 in preparing the annual report and financi81
slalemenls of the charity.
Objective of the charity as laid down by the Trust Degd
The Core objects of the charty continue lo be..
To establish ehurches. ministries and community events
To organise convention5, conferences and seminars
To carry out missionary activitie5 and
To promote festivals, celebrations and exhibitions.
REVIEW OF ACTIVITIES AND FUTURE DEVELOPMENTS
THE FINANCIAL STATEMENTS
The slalemenl of financial adivities is sel out on page 6 of the financial $18lemenls
Income Generation
The main source of income is from lithes. offerings and donations from members,
Investment Policy
Al present the Trustees have decided to leave all surplu5 funds in the ac¢ounl wrth their principal
bankers
Fundraising Activities
The charity relies 501ely on contributions from ils members. The ¢harty does not employ any
professional fundraising bodies.
Restrlcted Funds
There are reslricled funds operated by the charity. The reslricled funds are soley for the purchase
of church own building
All other funds are available for Use al the discretion of the Trustees

EVANGEL PENIECOST CHURCH
ReseThes Policy
The Trustees have decided to spend as much money as possible on furthering the core objects
ol the charity whilst maintaining sufficient cash funds to ensure the 5uslainability of the charity.
To achieve this. the Trustees have decided lo maintain an amount in the bank account lo cover
at least a minimum of three months of normal expenditure in addition to any known additional
expendrture.
Revlew of charity activitie$
The charity has continued to undertake activities in line with ils obieclives and has seen 9rovrth
in giving lo 115 work.
Govgrnanc¢ and Internal Control
Appointment ol Trustees are done by the existing Trustees with consuttation ol the view ol the
church members as lo IrLJStworthiness ol each person
Risk Assessment
The Trustees consider the key operational. financial and slalegic risks that may have a bearing
on the activies ol the Charity Suitable management information is available lo thè Trustees on a
regular ba51s lo monitor these risks and allow any miligaling aclion to be taken to address them.
Trustees. Responsibilities
Charity law requires the Trustees lo prepare financial slalements for each financial year which
give true and fair vfftw of the state ol affairs ol the charily and ol rts financial activities lor the yaer.
In prepararing those financial statements, the Trustees are requlre lo:
1 select suitable accounting policies and apply them consislantly.,
2 make judgemenls and estimates that are reasonable and prudent.,
3 state whether applicable a¢counting Standards and statements of recommended practice
have been followed, subject lo any departures disclosed and explained In the
financial statements".
4 prepare the financial siatements on the going concern basis unless Il Is inappropriate
lo assume that the charity will not continue in operation.
The Trustees are reponsible lor keeping accounting and financial records which disclose with
reasonable accuracy at any lime the financial posilion of the charity and to enable them lo
ensure that the financial statements cornply with the Charities Act5 1993. They are also
responsible for safeguading Ihe as5esls of the charity and hence lor taking reasonable steps for
the prevention and detection of fruad or other irregularities.
The report was approved by the Board on the 15 March2024 and signed on ils behave by
Ebilare Otrolanowei
Trustee Chaimian

EVANGEL pENTE￿￿T CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
{INCOME AND EXPENDITURE ACCOUNTS)
FOR THE YEAR ENDED 30 June 2024
UNRESTRICTED
FUNDS
2024
2023
NOTE
INCOMING RESOURCES
Tithes. offerings and similar income resource5
Investment income
14.577
14,925
TOTAL INCOMING RESOUCES
14,577
14.925
RESOURCES EXPENDED
Charitable activities
Governance cosls
1,000
2.879
7,168
TOTAL RESOURCES EXPENDED
10.846
10.047
MOVEMENT IN TOTAL FUNDS FOR THE YEAR.
NET INCOMEIEXPENDITUREI FOR THE YEAR
3.731
4.878
TOTAL FUNDS AS AT 30 June 2023
6.178
1300
TOTAL FUNDS AS AT 1 July 2024
9,909
6,178

EVANGEL PENTECOST CHURCH
BALANCE SHEET
AS AT 30 June 2024
Notes
2024
2023
FIXED ASSETS
TANGIBLE FIXED ASSETS
CURRENT ASSETS
Deposits and Cash at 8ank
10,909
10,909
7,178
7,178
LIABILITIES
Creditors.. Ammounls falling due within one year
11,0001
11,0001
Net curront assets
9,909
6,178
TOTAL ASSETS LESS CURRENT LIABILITIES
9.909
6.178
Creditors." amounts falling due after more than
one yer
CHARITY FUNDS
Unreslricled funds
9.909
6,178
TOTAL FUNDSIIDEFICITSI
6,178
We approve these account5 which Comprise the Receipts & Payments, Staternenls ol Assets
& Liabilities and related notes. We acknowledgè our responsibility for the accounls, including
the appropriateness ol the accounting basis as sel out in note 1, and lor providing all the
infom)81ion and explanations necessary lor their compilation.
Trustee
Dated
Trustee
Dated
On behalf of the Charity

EVANGEL PENTECOST CHURCH
Profit And Loss Account
For the year ended 30 June 2024
2024
2023
Income
Tithe & offerings
Total income
14,577
14,577
14.925
14,925
Direct Charitable Expenditure
Ministry expenses
Musicals
1,000
2.004
875
2,879
1,000
Other Expenditure
Expenses
Bank charges
Bookkeepings
Equipment
Insurance
Legal and professional
Rent
Slalionery & printing
Travel and subsistence
500
soo
2,872
146
146
2,000
7,200
3,552
96
9,846
10,846
7,168
10,047
Total expenditure
Surpluslldeficil} fund
3,731
4,878
Fund balance carrled forward
3,731
4,878

EVANGEL PENTECOST CHURCH
Notes to the financial statements
for the year ended 30 June 2024
1 TANGIBLE FIXED ASSETS
Furnitue, fitting
and equipment
Total
2 COST
At 1 July 2023
Additions
As 30 June 2024
DEPRECIATION
Al 1 July 2023
Charge for the year
As 30 June 2024
NET BOOK VALUE
As 30 June 2024
As 30 June 2023
STATEMENT OF FUNDS
BROUGHT
FORWARD
INCOMING
RESOURCES
RESOURCES CARRIED
EXPENDITUREIFORWARD
Unrestricted funds
Restricted funds
General funds
6,178
6,178
14,577
14,577
{10,846
{10,8461
3,731
9,909
6,178

EVANGEL PENtECOST CHiJRCH
Notes to the Accounts
for the year ended 30 June 2024
1 ACCOUNTING POLICIES
Ba$1$ of a¢¢ountlng
The financ181 slatetements are prepared In accordance Wlth applicable aceounting Standards
using the Historical Cost Convèntion.
Thè financial statelement5 reflect the rèquirements ol the rèvised Statement ol Recommended
Pra¢li¢e"Awounling for Charities" ISORPI. The Charity complied with best practice at the time
of preparing these 8CCOUnt5.
Tangibl• Flx•d Assots
All fixed assets are capitalised. The charye for depwialion is calculated to wnte off the c05t of
the fix8d as5et5 over their useful IIv8s on the following basès".
Equiprnent
20% on the reduong balance
GENERAL
These Accounts have been prepared on the receipts and payments basis and In accorda
applicable Accounting Standards and the Charitable SORP. (Statement of Recommended
on Accounting by Charities).
Income Is accounted for on accruals basis, ex￿pt for donations. which are credited whan rec81ved
These represents gifts, donations, tithes, offerings, pledges and bank interest given lo the
during the year.
These represent amounts given to vanous Individuals. organisaiions and other charitable trusts.
Honorarium to vssiting speakers and rernittance5 for fflis510nary work.
Expendlturè
All expenditure is accounted lor on an accrua15 basis.
Resources expended on charitable activities comprise all the resour￿5 applied by the charity in
undeerkating its work to ffleei Its charitable obieclives These costs Include the direct costs of
the charitable activities with those support C05t5 incurred that enable these adivities lo be
undertaken
Expenditure on g0Veman￿ costs are the costs incurred by the charity to operate and to generate
the information reqUI￿d for public accountability.
Funds
The charity's funds are unrestricted and a￿ available lor use al the discretion ol the Board of
Trustees
Board of Trustees Remuneratlon and •¥p•n$68
No rernuneration dire¢Uy or indirectly out of ihe funds wa5 paid or payable to any of the
Trustees for their duties as Iruslees.
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