REGISTERED COMPANY NUMBER: 13584108 (England and Wales) Registered Charity Number: 1201430 ## **ELSADAI CHURCH** TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ## **ELSADAI CHURCH** ## **CONTENTS** ||**Page**| |---|---| |**Reference and administrative information**|**1**| |**Trustees’ Report**|**2 – 3**| |**Statement of financial activities**|**4**| |**Balance sheet**|**5 - 6**| |**Notes to the financial statements**|**7 - 11**| ## **ELSADAI CHURCH** ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Trustees** Mr. D Avram Mr. V D Bene Mr. C E Vizitiu **Registered Company Number** 13584108 (England and Wales) **Registered Charity Number** 1201430 **Principal Office** 6 Burgess Avenue London United Kingdom NW9 8TY **Independent Examiner** Bowdon Accounting Services Bartle House Oxford Court Manchester M2 3WQ 1 ## **ELSADAI CHURCH** ## **TRUSTEES’ REPORT** ## **FOR THE YEAR ENDED 31 AUGUST 2024** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** To advance the Christian religion for the public benefit by the holding of prayer meetings, public celebrations of Christian religion and outreach work. ## **Achievements and performance** This past year has been a momentous one for our church Charity. With the unwavering dedication and support of our team, members, and volunteers, we have successfully achieved our main goals and celebrated several significant accomplishments. We are immensely proud of the Church collective efforts that have made these successes possible. As we look forward to the coming year, we are filled with excitement and anticipation for the projects and goals we have in store. Here are some church charity goals for next year, incorporating the objective to advance the Christian religion for the public benefit: 1. Increase the frequency and scope of outreach initiatives to engage with individuals and communities in need, providing support, encouragement, and resources in alignment with Christian values. 2. **Enhance Prayer Meetings**: Organise regular prayer meetings both within the congregation and open to the public, creating opportunities for spiritual growth, fellowship, and collective intercession for community needs. 3. **Strengthen Public Celebrations**: Plan and host public celebrations of the Christian faith, such as Easter and Christmas events, to share the message of hope, love, and redemption with the wider community, inviting participation from all backgrounds. 4. **Develop Educational Programs**: Establish educational programs and workshops that explore Christian principles, teachings, and values, catering to both members of the congregation and the broader public interested in learning more about Christianity. 2 5. **Promote Evangelism**: Equip members of the congregation with the tools and training necessary to confidently and compassionately share their faith with others, actively engaging in evangelistic efforts to spread the message of Christ's love and salvation. 6. **Foster Spiritual Formation**: Offer opportunities for spiritual formation and discipleship, including small group studies, mentoring relationships, and discipleship courses, to nurture the growth and maturity of believers in their faith journey. 7. **Cultivate Community Engagement**: Foster a culture of community engagement and service, encouraging members to actively participate in volunteer projects, community service initiatives, and collaborative efforts with local organisations to address social needs and promote the common good. These initiatives are aligned with our mission and vision, and we are eager to continue serving our community with renewed vigour and commitment. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing Document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Approved by order of the board of trustees on _____________ and signed on its behalf by: ___________________ ## **Mr. V D Bene Trustee** 3 ## **ELSADAI CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024** |**Note**
**Income and endowments from:**
Donations and legacies
**Expenditure on:**
Charitable activities
2
Support costs
3
Finance costs
4
Governance costs
5
**Net income**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
**2024**
**£**
**49,540**
**10,522**
**44,610**
**67**
**600**
**55,799**
**(6,259)**
**7,492**
**1,233**|Total Funds
2023
£
55,204
5,919
42,731
60
1,595
50,305
4,899
2,593
7,492| |---|---|---| The notes form part of these financial statements 4 ## **ELSADAI CHURCH** ## **BALANCE SHEET AS AT 31 AUGUST 2024** |**Note**
**Current Assets**
Cash at bank and in hand
6
**Creditors**
Amounts falling due within one year
7
**Net current assets**
**Total assets less current liabilities**
**Net Assets**
**Funds**
Unrestricted Funds
8
**Total funds**|**Unrestricted**
**Funds**
**31-Aug-24**
**£**
**1,833**
**(600)**
**1,233**
**1,233**
**1,233**
**1,233**
**1,233**|Total Funds
31-Aug-23
£
9,667
(2,175)
7,492
7,492
7,492
7,492
7,492| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The Financial Statements have been prepared in accordance with the provisions applicable to charitable companies subject to small companies regime. 5 **ELSADAI CHURCH** ## **BALANCE SHEET AS AT 31 AUGUST 2024** The financial statements were approved by the Board of Trustees and authorised for issue on …....................... and were signed on their behalf by : …............................ ## **Mr V D Bene Trustee** The notes form part of these financial statements 6 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **1 Accounting Policies** ## **Basis of preparation of financial statements** The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Statement of Recommended Practice 'Accounting and Reporting by Charities' (Charities SORP FRS 102), as issued by the Charity Commission. ## **Cash flow statement** The Management Committee has taken advantage of the exemption available under Financial Reporting Standard 1 (Revised 1996) from preparing a cash flow statement, on the grounds that the charity qualifies as small. ## **Fund accounting** Unrestricted funds are funds that are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds are unrestricted funds that have been earmarked by the Management Committee for particular purposes. While designated for specific uses, these funds remain under the control of the trustees and can be reallocated. Restricted funds are funds subject to specific conditions imposed by the donor or arising from the terms of a particular appeal. They may only be used for the purposes specified by the donor or appeal terms. ## **Incoming resources** All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is entitled to the income, receipt is probable, and the amount can be measured with reasonable accuracy. The following specific policies apply to particular categories of income: Voluntary income — includes grants, donations, and gifts, and is recognised in full in the SoFA when receivable. Grants that are not subject to specific performance conditions are recognised when the charity becomes unconditionally entitled to the income. Donated services and facilities — are recognised at their estimated value to the charity, where this can be measured reliably. The value of services provided by volunteers is not included in these financial statements due to the difficulty in quantifying this contribution. Investment income — is recognised when receivable. Income from charitable activities — is recognised when earned. This includes grants and contracts for services where income is recognised as the charity earns the right to consideration through performance of specific activities or delivery of services. 7 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **1 Accounting Policies (continued)** ## **Resources expended** Expenditure is recognised on an accrual basis when a liability is incurred. It includes any VAT that is not recoverable, which is reported as part of the related expenditure category. The principal categories of expenditure are: Costs of generating funds – these comprise the costs incurred in attracting voluntary income, as well as those associated with fundraising trading activities. Charitable activities – these are the costs directly related to the provision of the charity’s services and activities for its beneficiaries. This includes both direct costs and an appropriate share of support and overhead costs necessary to deliver the activities. Governance costs – these include the costs associated with the governance of the charity and compliance with constitutional and statutory requirements. They typically include audit or independent examination fees and costs relating to strategic oversight and trustee meetings. ## **Cash at bank and in hand** Cash at bank and in hand includes cash and short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. These investments typically have a maturity of three months or less from the date of acquisition or from the opening of the deposit or similar account. ## **Taxation** The charity is exempt from corporation tax from its charitable activities. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2 Expenditure on charitable activities** |Church expenses
Charitable donations & gifts|**Unrestricted**
**funds**
**2024**
**£**
6,085
4,437
**10,522**|Total funds
2023
£
3,834
2,085
5,919| |---|---|---| 8 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **3 Expenditure on support costs** |Other operating leases
Sundries
**4**
**Expenditure on finance costs**
Bank charges
**5**
**Expenditure on governance costs**
Accountancy and legal fees
**6**
**Cash at bank and in hand**
Cash at bank
Cash in hand
**7**
**Creditors: Amounts falling due within one year**
Accruals and deferred income|**Unrestricted**
**funds**
**2024**
**£**
39,285
5,325
**44,610**
**Unrestricted**
**funds**
**2024**
**£**
**67**
**Unrestricted**
**funds**
**2024**
**£**
**600**
**Unrestricted**
**funds**
**31-Aug-24**
**£**
1,833
-
**1,833**
**Unrestricted**
**funds**
**31-Aug-24**
**£**
**600**|Total funds
2023
£
39,960
2,771
42,731
Total funds
2023
£
60
Total funds
2023
£
1,595
Total funds
31-Aug-23
£
8,057
1,610
9,667
Total funds
31-Aug-23
£
2,175| |---|---|---| 9 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **8 Statements of funds** ## **Statements of funds - current year** |**Balance at 01**
**September**
**2023**
**£**
Unrestricted funds
**7,492**
**Statements of funds - previous year**
**Balance at 01**
**September**
**2022**
**£**
Unrestricted funds
2,593
**Analysis of net assets between funds**
**Analysis of net assets between funds - current year**
Current assets
Creditors due within one year
**Total**
**Analysis of net assets between funds - prior year**
Current assets
Creditors due within one year
**Total**|**Income**
**£**
**49,540**
**Income**
**£**
55,204|**Expenditure**
**£**
**(55,799)**
**Expenditure**
**£**
(50,305)|**Balance at 31**
**August 2024**
**£**
**1,233**
**Balance at 31**
**August 2023**
**£**
7,492
**Unrestricted**
**funds**
**31-Aug-24**
**£**
**1,833**
**(600)**
**1,233**
Unrestricted
funds
31-Aug-23
£
9,667
(2,175)
7,492| |---|---|---|---| ## **9 Analysis of net assets between funds** ## **10 Independent examiner's fees** The independent examiner's remuneration amounts to an independent examiner's fee of £600 (2023 - £600) 10 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **11 Staff costs** The charity had no employees during the year (prior year: none). No employee received employee benefits in excess of £60,000 (2023 - £Nil). ## **12 Trustee's remuneration and expenses** No members of the management committee received any remuneration during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2023 - £Nil). 11 REGISTERED COMPANY NUMBER: 13584108 (England and Wales) Registered Charity Number: 1201430 ## **ELSADAI CHURCH** TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ## **ELSADAI CHURCH** ## **CONTENTS** ||**Page**| |---|---| |**Reference and administrative information**|**1**| |**Trustees’ Report**|**2 – 3**| |**Statement of financial activities**|**4**| |**Balance sheet**|**5 - 6**| |**Notes to the financial statements**|**7 - 11**| ## **ELSADAI CHURCH** ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Trustees** Mr. D Avram Mr. V D Bene Mr. C E Vizitiu **Registered Company Number** 13584108 (England and Wales) **Registered Charity Number** 1201430 **Principal Office** 6 Burgess Avenue London United Kingdom NW9 8TY **Independent Examiner** Bowdon Accounting Services Bartle House Oxford Court Manchester M2 3WQ 1 ## **ELSADAI CHURCH** ## **TRUSTEES’ REPORT** ## **FOR THE YEAR ENDED 31 AUGUST 2024** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** To advance the Christian religion for the public benefit by the holding of prayer meetings, public celebrations of Christian religion and outreach work. ## **Achievements and performance** This past year has been a momentous one for our church Charity. With the unwavering dedication and support of our team, members, and volunteers, we have successfully achieved our main goals and celebrated several significant accomplishments. We are immensely proud of the Church collective efforts that have made these successes possible. As we look forward to the coming year, we are filled with excitement and anticipation for the projects and goals we have in store. Here are some church charity goals for next year, incorporating the objective to advance the Christian religion for the public benefit: 1. Increase the frequency and scope of outreach initiatives to engage with individuals and communities in need, providing support, encouragement, and resources in alignment with Christian values. 2. **Enhance Prayer Meetings**: Organise regular prayer meetings both within the congregation and open to the public, creating opportunities for spiritual growth, fellowship, and collective intercession for community needs. 3. **Strengthen Public Celebrations**: Plan and host public celebrations of the Christian faith, such as Easter and Christmas events, to share the message of hope, love, and redemption with the wider community, inviting participation from all backgrounds. 4. **Develop Educational Programs**: Establish educational programs and workshops that explore Christian principles, teachings, and values, catering to both members of the congregation and the broader public interested in learning more about Christianity. 2 5. **Promote Evangelism**: Equip members of the congregation with the tools and training necessary to confidently and compassionately share their faith with others, actively engaging in evangelistic efforts to spread the message of Christ's love and salvation. 6. **Foster Spiritual Formation**: Offer opportunities for spiritual formation and discipleship, including small group studies, mentoring relationships, and discipleship courses, to nurture the growth and maturity of believers in their faith journey. 7. **Cultivate Community Engagement**: Foster a culture of community engagement and service, encouraging members to actively participate in volunteer projects, community service initiatives, and collaborative efforts with local organisations to address social needs and promote the common good. These initiatives are aligned with our mission and vision, and we are eager to continue serving our community with renewed vigour and commitment. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing Document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Approved by order of the board of trustees on _____________ and signed on its behalf by: ___________________ ## **Mr. V D Bene Trustee** 3 ## **ELSADAI CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024** |**Note**
**Income and endowments from:**
Donations and legacies
**Expenditure on:**
Charitable activities
2
Support costs
3
Finance costs
4
Governance costs
5
**Net income**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
**2024**
**£**
**49,540**
**10,522**
**44,610**
**67**
**600**
**55,799**
**(6,259)**
**7,492**
**1,233**|Total Funds
2023
£
55,204
5,919
42,731
60
1,595
50,305
4,899
2,593
7,492| |---|---|---| The notes form part of these financial statements 4 ## **ELSADAI CHURCH** ## **BALANCE SHEET AS AT 31 AUGUST 2024** |**Note**
**Current Assets**
Cash at bank and in hand
6
**Creditors**
Amounts falling due within one year
7
**Net current assets**
**Total assets less current liabilities**
**Net Assets**
**Funds**
Unrestricted Funds
8
**Total funds**|**Unrestricted**
**Funds**
**31-Aug-24**
**£**
**1,833**
**(600)**
**1,233**
**1,233**
**1,233**
**1,233**
**1,233**|Total Funds
31-Aug-23
£
9,667
(2,175)
7,492
7,492
7,492
7,492
7,492| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The Financial Statements have been prepared in accordance with the provisions applicable to charitable companies subject to small companies regime. 5 **ELSADAI CHURCH** ## **BALANCE SHEET AS AT 31 AUGUST 2024** The financial statements were approved by the Board of Trustees and authorised for issue on …....................... and were signed on their behalf by : …............................ ## **Mr V D Bene Trustee** The notes form part of these financial statements 6 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **1 Accounting Policies** ## **Basis of preparation of financial statements** The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Statement of Recommended Practice 'Accounting and Reporting by Charities' (Charities SORP FRS 102), as issued by the Charity Commission. ## **Cash flow statement** The Management Committee has taken advantage of the exemption available under Financial Reporting Standard 1 (Revised 1996) from preparing a cash flow statement, on the grounds that the charity qualifies as small. ## **Fund accounting** Unrestricted funds are funds that are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds are unrestricted funds that have been earmarked by the Management Committee for particular purposes. While designated for specific uses, these funds remain under the control of the trustees and can be reallocated. Restricted funds are funds subject to specific conditions imposed by the donor or arising from the terms of a particular appeal. They may only be used for the purposes specified by the donor or appeal terms. ## **Incoming resources** All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is entitled to the income, receipt is probable, and the amount can be measured with reasonable accuracy. The following specific policies apply to particular categories of income: Voluntary income — includes grants, donations, and gifts, and is recognised in full in the SoFA when receivable. Grants that are not subject to specific performance conditions are recognised when the charity becomes unconditionally entitled to the income. Donated services and facilities — are recognised at their estimated value to the charity, where this can be measured reliably. The value of services provided by volunteers is not included in these financial statements due to the difficulty in quantifying this contribution. Investment income — is recognised when receivable. Income from charitable activities — is recognised when earned. This includes grants and contracts for services where income is recognised as the charity earns the right to consideration through performance of specific activities or delivery of services. 7 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **1 Accounting Policies (continued)** ## **Resources expended** Expenditure is recognised on an accrual basis when a liability is incurred. It includes any VAT that is not recoverable, which is reported as part of the related expenditure category. The principal categories of expenditure are: Costs of generating funds – these comprise the costs incurred in attracting voluntary income, as well as those associated with fundraising trading activities. Charitable activities – these are the costs directly related to the provision of the charity’s services and activities for its beneficiaries. This includes both direct costs and an appropriate share of support and overhead costs necessary to deliver the activities. Governance costs – these include the costs associated with the governance of the charity and compliance with constitutional and statutory requirements. They typically include audit or independent examination fees and costs relating to strategic oversight and trustee meetings. ## **Cash at bank and in hand** Cash at bank and in hand includes cash and short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. These investments typically have a maturity of three months or less from the date of acquisition or from the opening of the deposit or similar account. ## **Taxation** The charity is exempt from corporation tax from its charitable activities. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2 Expenditure on charitable activities** |Church expenses
Charitable donations & gifts|**Unrestricted**
**funds**
**2024**
**£**
6,085
4,437
**10,522**|Total funds
2023
£
3,834
2,085
5,919| |---|---|---| 8 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **3 Expenditure on support costs** |Other operating leases
Sundries
**4**
**Expenditure on finance costs**
Bank charges
**5**
**Expenditure on governance costs**
Accountancy and legal fees
**6**
**Cash at bank and in hand**
Cash at bank
Cash in hand
**7**
**Creditors: Amounts falling due within one year**
Accruals and deferred income|**Unrestricted**
**funds**
**2024**
**£**
39,285
5,325
**44,610**
**Unrestricted**
**funds**
**2024**
**£**
**67**
**Unrestricted**
**funds**
**2024**
**£**
**600**
**Unrestricted**
**funds**
**31-Aug-24**
**£**
1,833
-
**1,833**
**Unrestricted**
**funds**
**31-Aug-24**
**£**
**600**|Total funds
2023
£
39,960
2,771
42,731
Total funds
2023
£
60
Total funds
2023
£
1,595
Total funds
31-Aug-23
£
8,057
1,610
9,667
Total funds
31-Aug-23
£
2,175| |---|---|---| 9 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **8 Statements of funds** ## **Statements of funds - current year** |**Balance at 01**
**September**
**2023**
**£**
Unrestricted funds
**7,492**
**Statements of funds - previous year**
**Balance at 01**
**September**
**2022**
**£**
Unrestricted funds
2,593
**Analysis of net assets between funds**
**Analysis of net assets between funds - current year**
Current assets
Creditors due within one year
**Total**
**Analysis of net assets between funds - prior year**
Current assets
Creditors due within one year
**Total**|**Income**
**£**
**49,540**
**Income**
**£**
55,204|**Expenditure**
**£**
**(55,799)**
**Expenditure**
**£**
(50,305)|**Balance at 31**
**August 2024**
**£**
**1,233**
**Balance at 31**
**August 2023**
**£**
7,492
**Unrestricted**
**funds**
**31-Aug-24**
**£**
**1,833**
**(600)**
**1,233**
Unrestricted
funds
31-Aug-23
£
9,667
(2,175)
7,492| |---|---|---|---| ## **9 Analysis of net assets between funds** ## **10 Independent examiner's fees** The independent examiner's remuneration amounts to an independent examiner's fee of £600 (2023 - £600) 10 ## **ELSADAI CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024** ## **11 Staff costs** The charity had no employees during the year (prior year: none). No employee received employee benefits in excess of £60,000 (2023 - £Nil). ## **12 Trustee's remuneration and expenses** No members of the management committee received any remuneration during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year (2023 - £Nil). 11 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees** Elsadai Church **On accounts for the year** 31/08/2024 **Charity no** 1201430 **ended (if any) Set out on pages** 1-2 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2024. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination 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. **Date:** 02/07/2025 **Signed: Name:** Adeel Sahi **Relevant professional** ACCA **qualification(s) or body (if any): Address:** Bowdon Accounting Services Ltd Bartle House, Oxford Court, 1 **Oct 2018** **IER** Manchester M2 3WQ ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . N/A 2 **Oct 2018** **IER**