Love And Grace Of Christ Church Charity No 1203356
Report & Financial Statements 30 April 2024
Coker Isah & Co. Chartered Certified Accountants
Love And Grace Of Christ Church
| Charity No 1203356 | |
|---|---|
| INDEX | |
| Page | |
| Charity details | 1 |
| Trustees' Reports | .2- 3 |
| Independent Examiners Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to Financial Activities | 7…8 |
| Detailed Statement of Financial Activities | Appendix |
Page 1 Love And Grace Of Christ Church
Charity Details
Charity No 1203356
MANAGEMENT COMMITTEES
Trustees Rev Adeleke Adetunji Ayodele Ms Susan Abimbola Oluwatoyin Abidakun Oladunni Mbachu
Secretary Rev Adeleke Adetunji Ayodele
Charity Number 1203356 Registered Office 20 Martins Close Erith DA18 4DZ
Accountants Coker Isah & Co. Chartered Certified Accountants 74 Church Road Crystal Palace London SE19 2EZ
Page 2 Love And Grace Of Christ Church
TRUSTEES' REPORT for the year ended 30 April 2024
The trustees present their report together with the financial statements of the charity for the year ended 30 April 2024 The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity's trust deed and applicable law.
Trustees
The trustees named on page 1 have served throughout the year. Appointment of trustees is governed by the Trust Deed of the charity. The Board of trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
Investments powers
The Trust Deed authorises the trustees to make and hold investments using the general funds of the charity, but no such investments are presently held.
Constitution, objects and policies
The principal activity of the organization was that of providing advancement of Christian faith
The policy of the charitable Trust continues to be to seek additional donations to continue to run the organisation
The trustees take the day responsibility for running the charity.
Development, activities and achievements
The trustees consider that the performance of the charity this year has been most satisfactory and the average number of members has increased once again this year.
Financial review
Funds available are sufficient to permit the Trust to continue in operation in the medium term, given the continued support of the members. Should this support not continue in the longer term, further financial support would need to be sought to replace it.
Risk Management
The trustees actively review the major risk which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.
Page 3
Love And Grace Of Christ Church
Charity No 1203356
TRUSTEES' REPORT for the year ended 30 April 2024
Future Developments
The charity's activities has increased during the year under review . The trustees are seeking to extend the charity's activities and are pursuing a number of activities to enable this to happen
Reserve policy
It is the policy of the charity to maintain unrestricted funds at a level which provides sufficient funds to cover management and administration and support costs. Unrestricted funds are maintained at least at this level throughout the year.
Statement of trustees' responsibilities
Law applicable to charities in England Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
a) Select suitable accounting policies and apply them consistently;
b) make judgments and estimates that are reasonable and prudent;
c) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
d) prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which 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 charities Act 2011 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.
Approval
This project was approved by the trustees on 30/09/2025 and signed on their behalf
signed Rev Adeleke Adetunji Ayodele Trustee
Page 4 Love And Grace Of Christ Church
Independent Examiner's Report on the Accounts (CC65)(b) (Accrual) Report the trustees and members of
Love And Grace Of Christ Church
Charity No 1203356
The accounts for the year ended 30 April 2024 Set out in pages 4-6
Respective responsibilities of the trustees and examiner
The trustees are responsible for the preparation of the accounts, you consider that an audit
is not required under section 144 of the charities 2011 (the act) and does not apply, and that
independent examination is needed
It is my responsibility to
-
examine the accounts under section 145 of the Charities Act
-
to follow the procedure laid down in the General Directions given by the Charity Commissioners under section 145 (5) (b) of the Act and
-
to state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners .
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records .It also includes consideration of any unusual items or disclosures in the accounts and , seeking explanation from you as trustees concerning any such matters. The procedures undertaken do
not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination ,no matter has come to my attention
(1) which give me reasonable cause to believe that in any material in respect the requirements
-
to keep accounting records in accordance with section 130 of the Charities Act and
-
to prepare accounts accordance with the accounting records and to comply with the
accounting requirement of the Act
have not been met.
(2) to which, in my opinion ,attention should be drawn in order to enable a proper understanding of the accounts to be reached.
James Coker Dated 30 / 09 / 2025
Signed MBA FCCA Relevant qualifications Address Coker Isah & Co. Chartered Certified Accountants
74 Church Road London SE19 2EZ
| Page 5 | ||||
| Love And Grace Of Christ Church | ||||
| Statement of Financial Activities | ||||
| For theyear ended 30 April 2024 | ||||
| Incoming& Expenditure | ||||
| Income: | Unrestricted | |||
| Fund | ||||
| 2024 | ||||
| VoluntarySources- Donation | 2850 | |||
| Otherr Income- | ||||
| TOTAL INCOME | 2850 | |||
| Direct Charitable Expenditure: | ||||
| Direct Charitable Expenditure: | 630 | |||
| Management & Administration Expenditure | 2079 | |||
| TOTAL EXPENDITURE | 2709 | |||
| Net Income(Expenditure) | 141 | |||
| Fund Balance B/F | 0 | |||
| Fund Balance C\F | 141 | |||
| The notes onpage 6 formpart of these accounts | ||||
| page 6 | T | ||||
|---|---|---|---|---|---|
| Love And Grace Of Christ Church | |||||
| CharityNo 1203356 | |||||
| Balance Sheet | |||||
| 30 April 2024 | |||||
| 2024 | |||||
| £ | £ | ||||
| FIXED ASSETS | |||||
| CURRENT ASSETS | |||||
| Debtors | |||||
| Bank & cash | 491 | ||||
| 491 | |||||
| CREDITORS | |||||
| Amounts fallingdue within oneyear | |||||
| Accrual & deferred income | 350 | ||||
| 350 | |||||
| Net Current Liabilities | 141 | ||||
| 141 | |||||
| ACCUMULATED FUND | |||||
| Retained Surplus Brought Forward | |||||
| Surplus for theyear | 141 | ||||
| Retained Surplus Carried Forward | 141 | ||||
| Approved on 30 / 09 / 2025 and singed | on behalf of the | ||||
| By | |||||
| Rev Adeleke Adetunji Ayodele | |||||
| Trustee Member | |||||
Page 7 Love And Grace Of Christ Church
Notes to the Financial Statements 30 April 2024
1 Accounting policies
1.1 Accounting convention
The financial statements are prepared under historical cost convention and in accordance with The Financial Reporting Standard for Smaller Entities (FRSSE) (effective Jan 2005) and statement of Recommended Practice (SORP 2005) ,and with the Charity Acts 2011
1.2 Incoming Resources
The Income represent the total donation and Income Tax Claimed excluding Value Added Tax , receivable during the year
1.3 Depreciation
Depreciation is provided on tangible Fixed Assets at rate calculated to write off the cost less residual value of each assets over its expected useful life as follows:-
Fixture fitting and equipment 25% reducing balance basis
1.4 Donation
Donation receivable are credited to the Statement of Financial Activities (SOFA)) in the year for the year which they are received.
1.5 Resources Expended Resources Expended are included in the Statement of Financial Activities (SOFA) on an accrual basis inclusive of VAT
1.6 Unrestricted Funds Unrestricted Funds are donations and other incoming resources received or generated for the charitable purposes
1.8 Restricted Funds
Restricted Funds are funds received which can only be used for the specific purpose as laid out by the donor Expenditure which meets this criterion is identified to the fund, together with a fair allocation of overheads costs. During the year there are no restricted fund.
2 Income
The total income of the organization for the year has been derived from its principal activity wholly undertaken in the UK
| 3 Operating surplus Operating surplus is stated after charging Depreciation of tangible assets |
2024 £ 0 |
|---|---|
| page 8 | ||||||
|---|---|---|---|---|---|---|
| Love And Grace Of Christ Church | ||||||
| Notes to the Financial Statements | ||||||
| 30-Apr-24 | ||||||
| 4 | Creditors amount fallingdue within oneyear | 2,024 | ||||
| Creditor and accrual | 350 | |||||
| 350 | ||||||
| 5 | Summaryof Assets byFund | |||||
| Unrestricted funds | 141 | |||||
| Restricted Fund | 0 | |||||
| Total | 141 | |||||
| 6 | Trustees Remuneration | |||||
| No remuneration were to some board of Trustee duringtheyear . | ||||||
| Appendix | ||||
|---|---|---|---|---|
| Love And Grace Of Christ Church | ||||
| Statement of Financial Activities | ||||
| For theyear ended 30 April 2024 | ||||
| Incoming& Expenditure | Unrestricted | |||
| Fund | ||||
| Income: | 2024 | |||
| £ | ||||
| VoluntarySources- Donation | 2850 | |||
| Other Income - Gift aids | ||||
| TOTAL INCOME | 2850 | |||
| Direct Charitable Expenditure: | ||||
| Admin expenses | ||||
| Rent | 630 | |||
| Compouter exps | 480 | |||
| Printinpostage & stationery | 50 | |||
| Traveling | 1109 | |||
| Accountancy | 350 | |||
| General | 90 | |||
| 2709 | ||||
| Net movement in funds for theyear | 141 | |||
| Fund Balance BF | ||||
| Fund balbce cf | 141 | |||