Charity Registration Number : 1198789
CHRIST APOSTOLIC CHURCH - OUTREACH COVENTRY
A CHARITABLE UN-INCORPORATED ASSOCIATION TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
CHRIST APOSTOLIC CHURCH - OUTREACH COVENTRY
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
| Trustees | Omolola Oluwa |
|---|---|
| Odunyemi Awolesi | |
| Oladehinde Oluwa | |
| Charity Number | 1198789 |
| Registered Ofce | 115 |
| Deedmore Road | |
| England | |
| CV2 1EL | |
| Bankers | NATWEST BANK |
| COVENTRY | |
| Independent Examiner | SOHLREMIT LIMITED |
| Suite 202, Island Business Centre | |
| 18 -36 Wellington Street | |
| London | |
| SE28 0EE |
CHRIST APOSTOLIC CHURCH - OUTREACH COVENTRY
CONTENTS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
CHRIST APOSTOLIC CHURCH - OUTREACH COVENTRY
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
Trustees’ Annual Report
For the year ended 31 March 2025
This report has been prepared by the trustees in accordance with the requirements of the Charities Act 2011 and the Charity Commission’s Statement of Recommended Practice (SORP).
Reference and Administrative Details
Charity Name: Christ Apostolic Church – Outreach Coventry Reporting Period: 1 April 2024 to 31 March 2025
Trustees: The trustees who served during the year and up to the date of approval of this report are responsible for the governance and management of the charity.
Structure, Governance and Management
Christ Apostolic Church – Outreach Coventry is a charitable church organization governed by its trustees. The trustees are appointed in accordance with the charity’s governing document and are responsible for the strategic direction, financial management, and overall control of the charity. The trustees meet regularly to review activities, monitor financial performance, and ensure compliance with legal and regulatory requirements.
Objectives and Public Benefit
The charity’s principal object is the advancement of the Christian faith for the public benefit. In carrying out this object, the trustees have had due regard to the Charity Commission’s guidance on public benefit. The charity provides religious services, teaching, pastoral care, and outreach activities that are open to members of the public and contribute to spiritual and community well-being.
Activities and Achievements
During the year ended 31 March 2025, the charity continued to carry out its core activities, including regular worship services, evangelism, pastoral support, and community outreach. The trustees reviewed the charity’s activities throughout the year to ensure they furthered its charitable purposes and delivered public benefit.
Financial Review
The trustees present below a summary of the charity’s financial performance for the year ended 31 March 2025, with comparative figures for the previous year.
Total Income (2024/2025): £27,839.24 Total Income (2023/2024): £32,876.16
Total income for the year decreased compared with the previous year, reflecting a reduction in voluntary income and other receipts.
Total Expenditure (2024/2025): £25,038.80 Total Expenditure (2023/2024): £20,703.34
Total expenditure increased during the year, mainly due to the ongoing costs of church activities, administration, and outreach programs.
The charity recorded a surplus for the year, and the trustees consider the financial position at year end to be satisfactory.
Reserves Policy
The trustees aim to maintain adequate reserves to ensure the charity can continue its activities and meet its obligations as they fall due. The level of reserves is reviewed regularly in the light of the charity’s operational needs and plans.
Future Plans
Page 1 of 9
The trustees intend to continue the charity’s existing activities and to further develop its outreach and community engagement, subject to available resources. It operates from rented premises currently and hopes to secure own property for the church activities in the nearest future. The trustees remain committed to maintaining sound financial controls and effective governance.
Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps to prevent and detect fraud and other irregularities.
Approved by the Trustees and signed on their behalf
This report was approved by the trustees and signed on its behalf by:
Omolola Oluwa
Omolola Oluwa Trustee
Date : 09 February 2026
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CHRIST APOSTOLIC CHURCH - OUTREACH COVENTRY
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent Examiner’s Report to the Trustees of Christ Apostolic Church - Outreach Coventry
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which consists of the statement of financial activities,balance sheet and the related notes
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
The charity’s gross income does not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
-
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Name: Olalekan OLASANMI, BSc, MSc, ACCA for and on behalf of SOHLREMIT LIMITED
Date: 09 February 2026
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CHRIST APOSTOLIC CHURCH - OUTREACH COVENTRY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
| Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Raising funds 3 Charitable activities 4 Other 6 Total Net income Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ 25,314.24 25,314.24 10,105.00 8,294.95 6,638.85 25,038.80 275.44 275.44 14,300.49 14,575.93 |
Restricted funds £ 2,525.00 2,525.00 - - - - 2,525.00 2,525.00 7,379.63 9,904.63 |
Total Funds 2025 £ 27,839.24 27,839.24 10,105.00 8,294.95 6,638.85 25,038.80 2,800.44 2,800.44 21,680.12 24,480.56 |
Total Funds 2024 £ 32,876.18 |
|---|---|---|---|---|
| 32,876.18 | ||||
| 11,105.00 8,803.75 794.59 |
||||
| 20,703.34 | ||||
| 12,172.84 | ||||
| 12,172.84 9,507.28 |
||||
| 21,680.12 |
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CHRIST APOSTOLIC CHURCH - OUTREACH COVENTRY
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2025
| Recommended categories by activity Notes Fixed assets Tangible assets 7 Total fxed assets Current assets Cash at bank and in hand 8 Total current assets Creditors: amounts falling due within one year 9 Net current assets/(liabilities) Total assets less current liabilities Provisions for liabilities Total net assets Funds of the Charity Unrestricted funds 10 Restricted funds 10 Endowment funds 10 Total funds |
Unrestricted funds £ 7,168.25 7,168.25 391.26 391.26 850.00 (458.74) 6,709.51 (6,434.07) 13,143.58 14,575.93 14,575.93 |
Restricted funds £ - - 2,525.00 2,525.00 - 2,525.00 2,525.00 - 2,525.00 9,904.63 9,904.63 |
Total Funds 2025 £ 7,168.25 7,168.25 2,916.26 2,916.26 850.00 2,066.26 9,234.51 (6,434.07) 15,668.58 14,575.93 9,904.63 - 24,480.56 |
Total Funds 2024 £ 6,255.00 6,255.00 7,770.89 7,770.89 695.00 7,075.89 13,330.89 (1,158.05) |
|---|---|---|---|---|
| 14,488.94 | ||||
| 14,300.49 7,379.63 - |
||||
| 21,680.12 |
The financial statements were approved by the trustees on 09 February 2026 and signed on its behalf by:
Omolola Oluwa Trustee
Date : 09 February 2026
Page 5 of 9
CHRIST APOSTOLIC CHURCH - OUTREACH COVENTRY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “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 (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
1.3 Tangible fixed assets
Tangible fixed assets, such as land and buildings, plant, vehicles and equipment, are held to provide an on-going economic benefit to a charity through their contribution, directly or indirectly, to the provision of goods or services by the charity.
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Name
Computer & Other Equipment
Rate (%) Year Method 12 2024 Reducing Balance
2. Income from Donations and Legacies
| Analysis Building Collections Donation and gifts Other Collections Thanks Giving Tithes Total |
Unrestricted funds £ - 13,633.70 634.03 754.97 10,291.54 25,314.24 |
Restricted funds £ 2,525.00 - - - - 2,525.00 |
Total funds 2025 £ 2,525.00 13,633.70 634.03 754.97 10,291.54 27,839.24 |
Total funds 2024 £ 7,379.63 18,824.07 1,344.00 457.28 4,871.20 |
|---|---|---|---|---|
| 32,876.18 |
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3. Expenditure on Raising Funds
| Analysis Unrestricted funds £ Advertising, marketing, direct mail and publicity 2,745.00 Rent collection, property repairs and maintenance charges 7,360.00 Total 10,105.00 Support Costs - 10,105.00 4. Expenditure on Charitable Activities Analysis Unrestricted funds £ Charity management & administration 5,087.80 Charity running cost 2,357.15 Total 7,444.95 Support Costs 850.00 8,294.95 5. Support Costs Analysis Support Costs Governance Costs Accountants fees 6. Other Expenditure Analysis Unrestricted funds £ Depreciation Charge for the Year - Computer Equipment 938.26 Donations 4,726.00 Other Expenditure 974.59 Total 6,638.85 |
Total funds 2025 £ 2,745.00 7,360.00 10,105.00 - 10,105.00 Total funds 2025 £ 5,087.80 2,357.15 7,444.95 850.00 8,294.95 Total funds 2025 £ 850.00 |
Total funds 2024 £ 2,745.00 8,360.00 11,105.00 - |
|
|---|---|---|---|
| 11,105.00 | |||
| Total funds 2024 £ 5,751.60 2,357.15 8,108.75 695.00 |
|||
| 8,803.75 | |||
| Total funds 2024 £ 695.00 |
|||
| 850.00 695.00 |
|||
| Total funds 2025 £ 938.26 4,726.00 974.59 6,638.85 |
Total funds 2024 £ - - 794.59 |
||
| 794.59 |
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7. Tangible Fixed Assets
| 7.1 Cost or valuation At 01 April 2024 Additions Disposals Revaluations Transfers At 31 March 2025 7.2 Depreciation and impairments At 01 April 2024 Charge for the year Disposals Revaluations Transfers At 31 March 2025 7.3 Net book value At 01 April 2024 At 31 March 2025 8. Cash at bank and in hand Total funds 2025 £ Cash at bank and in hand 2,916.26 Total 2,916.26 9. Creditors: Amounts falling due within one year Total funds 2025 £ Accruals for grants payable - Accruals and deferred income 850.00 Total 850.00 |
Computer Equipment £ 8,106.51 - - - - 8,106.51 - 938.26 - - - 938.26 8,106.51 7,168.25 Total funds 2024 £ 7,770.89 |
|
|---|---|---|
| 7,770.89 | ||
| Total funds 2024 £ 695.00 - |
||
| 695.00 |
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10. Charity funds
10.1 Details of material funds held and movements during the CURRENT reporting period
| Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 14,300.49 25,314.24 25,038.80 - - 14,575.93 Restricted funds 7,379.63 2,525.00 - - - 9,904.63 Total 21,680.12 27,839.24 25,038.80 - - 24,480.56 10.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 9,507.28 25,496.55 20,703.34 - - 14,300.49 Restricted funds - 7,379.63 - - - 7,379.63 Total 9,507.28 32,876.18 20,703.34 - - 21,680.12 |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ 14,300.49 25,314.24 25,038.80 - - 14,575.93 7,379.63 2,525.00 - - - 9,904.63 |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ 14,300.49 25,314.24 25,038.80 - - 14,575.93 7,379.63 2,525.00 - - - 9,904.63 |
Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ 14,300.49 25,314.24 25,038.80 - - 14,575.93 7,379.63 2,525.00 - - - 9,904.63 |
|---|---|---|---|
| 21,680.12 27,839.24 25,038.80 - |
- | 24,480.56 | |
| 9,507.28 32,876.18 20,703.34 - |
- | 21,680.12 |
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