Charity Number 1198504
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
**TRUSTEES’ REPORT AND ACCOUNTS**
**31 JULY 2025**
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Financial statement**
**For the year ended 31 July 2025**
|**Contents**|Page|
|---|---|
|Reference and administrative details|3|
|Report of the trustees|4|
|Accountants' Report|6|
|Income statement|7|
|Statement of financial position|8|
|Notes to the accounts|9|
2
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Reference and administrative details**
## **For the year ended 31 July 2025**
|Charity Number|1198504|
|---|---|
|Registered Address|38 Elder Avenue|
||Apley|
||Telford|
||Shropshire|
||TF1 6BG|
|Trustees|Trustees, who are also directors under company law,|
||who served during the year were as follows:|
||Favour Siri Tanue –_Chair of Trustees_|
||Elizabeth Anponsah Opare|
||Grace Funue Numfor|
||Didier Achu Awa|
||Jerry Funue Nji|
|Accountants|**BC NWAIWU & CO LTD**|
||Building 1 Suit 4A Office 6|
||Wilsons Park Business Centre|
||Manchester|
||M40 8WN|
|Bankers|**Lloyds Bank plc**|
||Registered Office|
||25 Gresham Street|
||London|
||EC2V 7HN|
3
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Report of the trustees**
## **For the year ended 31 July 2025**
The Trustees, present their annual report with the unaudited financial statements of the charity for the year ended 31 July 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the Charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (effective 1 January 2019).
## **Reference and administrative details**
The Charity is a charitable incorporated organisation and was formed on 04 Apr 2022.
## **Our Objects**
The objects of the charity for the public benefit include;
1. The advancement of the Christian faith for the benefit of the public, in particular, but not exclusively, by means of: a) ministering via internet featuring biblical preaching, teaching, prayer and music; b) publishing and distributing literature featuring articles of biblically based teaching; and c) making available biblically based teaching and resources on digital media; to spread the gospel of Jesus Christ and further the Christian religion by any charitable means as the charity trustees decide from time to time.
2. To relieve sickness and financial hardship and to promote and preserve good health and advance education by provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the trustees from time to time may think fit.
## **Trustees**
The following person served as trustees during the period:
Favour Siri Tanue – Chair of Trustees
Elizabeth Anponsah Opare
Grace Funue Numfor
Didier Achu Awa Jerry Funue Nji
## **Change of Financial Year End**
The Trustees of Christ Foundation International Assembly resolved to change the charity’s financial year end date from 17 July to 31 July, with effect from the 2025 financial year.
As a result of this change:
4
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Report of the trustees**
## **For the year ended 31 July 2025**
- The financial year ended 17 July 2023 was prepared in accordance with the previous year end.
- The financial year ended 17 July 2024 was the final accounting period under the old year end.
- The financial year ending 31 July 2025 marks the first financial year under the new year end arrangement.
This adjustment aligns the charity’s financial year end more closely with calendar month reporting, thereby enhancing clarity and consistency in financial planning and statutory reporting.
## **Statement of responsibilities of the trustees**
The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Statement of Recommended Practice applicable to charities in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS102). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Each of the persons who is a trustee at the date of approval of this report confirms that:
- so far as each of the trustee is aware, there is no relevant material information of which the charity’s accountants are unaware; and
- each trustee has taken all steps that they ought to have taken to make themselves aware of any relevant material information and to establish that the accountants are aware of that information.
- Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up.
Approved by the trustees on August 4, 2025, and signed on their behalf by
**Favour Siri Tanue** Chair of Trustees
5
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Accountants' Report**
## **Accountants' report to the board of trustees on the preparation of the unaudited statutory accounts of Christ Foundation International Assembly for the period ended 31 July 2025.**
In order to assist you to fulfil your duties under the Charity Act 2011, we have prepared for your approval the accounts of Christ Foundation International Assembly for the period ended 31 July 2025 which comprise of the Statement of financial activities (incorporating income & expenditure account), the Balance Sheet and the related notes from the charity’s accounting records and from information and explanations you have given us.
This report is made solely to the Trustees of Christ Foundation International Assembly, as a body, in accordance with the terms of our engagement dated August 1, 2025. Our work has been undertaken solely to prepare for your approval the accounts of Christ Foundation International Assembly and state those matters that we have agreed to state to the Trustees of Christ Foundation International Assembly, as a body, in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Christ Foundation International Assembly and its Trustees as a body for our work or for this report.
It is your duty to ensure that Christ Foundation International Assembly has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position of Christ Foundation International Assembly. You consider that Christ Foundation International Assembly is exempt from the statutory audit/independent examination requirement for the period.
We have not been instructed to carry out an audit/independent examination or a review of the accounts of Christ Foundation International Assembly. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
**BC NWAIWU & CO LTD** Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN
**Date: August 4, 2025**
6
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Income statement**
## **For the year ended 31 July 2025**
|Note
**Income from:**
_Donations and legacies_
2
Charity activities
3
**Total income**
**Expenditure on:**
Charitable activities
4
_Costs of raising funds_
Other charitable activities
**Total expenditure**
**Net income/(expenditure) for the year**
Transfer between funds
Net movement in funds for the year
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|31 July 2025
**£**
725
-
**725**
300
-
**300**
425
-
425
**425**|17 July 2024
**£**|
|---|---|---|
|||1,920
-|
|||**1,920**|
|||1,900
-|
|||**1,900**|
|||20
-|
|||20|
|||**20**|
_The notes on pages 9 to 13 form part of these financial statements_
7
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Statement of financial position**
## **As at 31 July 2025**
|**Note**
**Fixed assets**
Tangible assets
6
**Current assets**
Cash at bank and in hand
7
Debtors
8
**Creditors:**amounts falling due within
one year
9
**Net current assets**
**Total assets less current liabilities**
**Creditors:**amounts falling due after one
year
10
**Total assets**
**Funds**
Unrestricted funds
11
Restricted funds
11
**Total funds**|**2025**
£
745
-
745
(300)|**2025**
£
-
-
**445**
445
-
**445**
445
-
**445**|**2024**
£
20
-
20
-|**2024**
£
-|
|---|---|---|---|---|
|||||-
**20**|
|||||20
-|
|||||**20**|
|||||20
-|
|||||**20**|
Approved by the trustees on August 4, 2025, and signed on their behalf by:
**Favour Siri Tanue** Chair of Trustees
_The notes on pages 9 to 13 form part of these financial statements_
8
**CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
**Notes to the financial statements**
**For the year ended 31 July 2025**
## 1. **Accounting Policies**
## _**Accounting conventions**_
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.
Christ Foundation International Assembly meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## _**Incoming resources**_
All incoming resources are included in the SOFA when the charity is legally entitled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. In accordance with the SORP, no value has been attributed to the work performed by volunteers, although their work is considered vital to the activities of the charity.
## _**Tithe, Regular offering and Donations**_
Tithe, Regular offering and Donations consist of the total tithe, regular offering and donations from members of the church and other members of the public along with income from fundraising events.
## _**Company status**_
The charity is a charitable Incorporated Organisation (CIO). The members of the charity are represented by the trustees named on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
## _**Resources expended**_
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are those incurred in seeking voluntary income and do not include the costs of disseminating information in support of the charitable activities.
In many cases, costs are incurred on projects before the relevant restricted income is received. Therefore, unless contrary to a donor’s wishes, interest income generated from restricted funds is treated as unrestricted, to cover the pre-financing costs incurred.
9
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Notes to the financial statements**
## **For the year ended 31 July 2025**
|2.
**Donations and legacies**
Tithe offering
Regular offering
Donations
3.
**Charity activities**
Charitable sales
Bank interest
Other income
4.
**Expenses on operation of the charity**
Rent and venue hire
Advert and promotion
Depreciation
Annual thanksgiving
Support cost
Governance cost
Professional Fees|31 July 2025
£
625
100
-
725
31 July 2025
£
-
-
-
-
31 July 2025
£
-
-
-
-
-
-
300
300|17 July 2024
£|
|---|---|---|
|||-
1,920
-|
|||1,920|
|||17 July 2024
£|
|||-
-
-|
|||-|
|||17 July 2024
£|
|||-
-
-
-
1,900
-
-|
|||1,900|
10
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Notes to the financial statements**
## **For the year ended 31 July 2025**
|5.
**Net income/(expenditure) for the year**
31 July 2025
£
This is stated after charging/(crediting):
Depreciation
-
6.
**Fixed assets: tangible**
**assets**
Motor
vehicle
Musical
equipment
Fixtures
and
fittings
£
£
£
**Cost**
At 18 July 2024
-
-
-
Additions
-
-
-
At 31 July 2025
-
-
-
**Depreciation**
At 18 July 2024
-
-
-
Charge for the year
-
-
-
At 31 July 2025
-
-
-
**Net book value**
At 31 July 2025
-
-
-
At 18 July 2024
-
-
-
7.
**Cash at bank and in hand**
31 July 2025
£
Bank
745
Cash
-
745|17 July 2024
£
-
Computer
equipment
Total
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
17 July 2024
£
20
-
20|
|---|---|
11
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Notes to the financial statements**
**For the year ended 31 July 2025**
|8.
**Debtors**
Grant debtors
Prepaid Rent
Prepaid Insurance
Prepaid Certificate Awards
Other Debtors
**Total debtors**
9.
**Creditors:**_amounts falling due within one year_
Accountancy fees
**Total creditors**
10.
**Creditors:** _amounts falling due after one year_
Trade creditors
Other creditors
**Total creditors**|31 July 2025
£
-
-
-
-
-
-
-
31 July 2025
£
300
300
31 July 2025
£
-
-
**-**|17 July 2024
£|
|---|---|---|
|||-|
|||-|
|||-
-|
|||-|
|||-|
|||-|
|||17 July 2024
£|
|||-|
|||**-**|
|||17 July 2024
£|
|||-
-|
|||**-**|
12
## **CHRIST FOUNDATION INTERNATIONAL ASSEMBLY**
## **Notes to the financial statements**
## **For the year ended 31 July 2025**
|11.**Fund movements**
**Restricted funds**
Restricted project fund
**Unrestricted funds**
General fund
**The funds of the charity**|Balance at
17 July 2024
£
-
-
20
20
20|Income
£
-
-
725
725
725|Expenditure
£
-
-
(300)
(300)
(300)|As at 31 July
2025
£
-|
|---|---|---|---|---|
|||||-
445|
|||||445|
|||||445|
13