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2025-02-28-accounts

REGISTEREDADDRESS: 14-24CANNONSTREET
SHIRLEY
SOUTHAMPTON
HAMPSHIRE
SO172LJ
TRUSTEES: RUMEJOHN
DRJONATHANOHISOKHIKU
CYNTHIA MONALISAKUBWALO
SLTNDAYADEYOru
OMUYA EMMANUEL AGEITU
PASTORSINCHARGE: PASTOROLUSEYIASIYANBI
CHARITYREGNUMBER.: 1202889
COMPANYNUMBER: 14682456
BANKERS: HSBC PLC
55ABOVE BARSTREET
SOUTHAMPTON
SO14 7DS
ACCOTINTANTS: ETERNALEXCELLENCYLIMITED
(CIIARTERED CERTIFIED ACCOLINTANTS)
20ELMBOURNEDRTVE
KENT
DA176JF

Reportof the Trustees 3-5
IndependentExaminers Report 6
Statement ofFinancialAffairs 7
BalanceSheet 8
Notesformingpartof thefinancialstatements 9-11

IOtal
[JnrestrictedRestricted
FundsFunds
Funds
2025
Notes
lncomingResources
lncoming Resources From Donors 2 138,062 0 138,062
Other Voluntary lncome 3 3,115 0 3,115
Total lncomingResources 141,176 141,176
Resources Expended
Church Administration and Ministry 117,968 117,968
Church Management 3,160 3,160
TotalResources Expended 121,128 121,128
Net lncome (Outgoing) For The Year 20.048 20,048
NetMovementlnFunds
Total Funds AsAt1st March 0 0 0
Net Outgoing not includedinTransfer of Undertaking (1,000) 0 (1,000)
Transfer Of Undertaking 325,023 37,590 362,6!3
TotalFunds AsAt28th February 324,02337,590 361,613
NOTES 2025
FixedAssets
TangibleAssets 663,693
Gunent Acsetg
Bank 42,534
OtherDebtors 0
CurrentLiabilities
Credilors&Accruals 7,389
Long Term Liabilities
Debtdue affer1year 337,225
NetAssots 361,613
Reserves 9 361,613

2025
2) lncome From Donors
Tithes & Offerings 138,062
138,062
3) OtherVoluntary lncome
Otherlncome 3,115
GiftAid 0
3,115
4) ChurchAdministration&Ministry
Salary&Wages 40,982
Church Outreach 23,912
RentandRates 6,309
Insurance '1,699
Stationeries &Printing 877
Depreciation (part oftransfer ofUndertaking) 5,868
Donations&Welfare 10,080
Repairs & Maintenance 3,442
OtherChurchRunning Expenses 2,287
MortgageExpenses 2A,902
Advertising 1,612
117,968
5) GovernaceCosts
Accountancyfee-partoftransfer ofUndertaking 2,160
Accountancyfee - others 1,000
3,160

Motor
7l TangibleFixedAssets Total VehiclesBuilding
Atcost t I t
Gross BookValue Al1March2024 0 0 0
Transfer fromUndertaking 712,446 48,753663,693
Gross BookValue At 28 February 2025
Depreciation
Depreciation
At1 March2024
Transfer fromUndertaking
Depreciation Charge fortheyear
0
48,753
0
0
48,753
0
0

0
0
TotalDepreciaton At 28 February 2025
NetBook Value
Net BookValue At 28 February 2025 0663
7l Creditors&Accruals
2025
f
Accruals 3,160
PAYE 4.229
7,389
8) Long TermLiability
2025
s
Mortgage Account 337,225
337,225
9) Reserves
2025
Balanceb/f 0
TransferfromUndetaking
NetOutgoing not includedinTransfer ofUndertaking
362,613
(1,000)
Balance c/f 361,613