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2025-07-31-accounts

Charity number: 1203386

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMLY

REPORT AND FINANCIAL STATEMENT

FOR THE YEAR ENDED 31/07/2025

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/07/2025

TRUSTEES

REGISTERED OFFICE

FLAT 90 CAMBERLEY

BEACONVIEW ROAD WEST BROMWICH

B71 3PF

CHARITY NUMBER 1203386

page 1

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

ACCOUNTS FOR THE YEAR ENDED 31/07/2025

CONTENTS

Page
Report of the Trustees 3
Independent Examiner's Statement 4
Accountant's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9 to 11

page 2

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

TRUSTEES' REPORT FOR THE YEAR ENDED 31/07/2025

The trustees present their report and accounts for the year ended 31/07/2025.

PRINCIPAL ACTIVITIES

The principal activities of the charity in the year under review was Christian worship, Christian outreach program to increase Christian awareness and to spread the gospel of our Lord Jesus Christ and the development of the whole man spiritually, mentally, and physically .

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.

This report was approved by the Board of Trustees on the 12/11/2025 and signed on their behalf by:

............................................................ Christopher Omoyeni

page 3

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/07/2025

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

I report on the accounts of the company for the year ended 31/07/2025.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income does not exceeded £25,000 and I am qualified to undertake the examination.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

BASIS OF INDEPENDENT EXAMINERS STATEMENT

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 explanations 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 no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

page 4

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 31/07/2025

INDEPENDENT EXAMINERS STATEMENT

In connection with my examination, no matter has come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

ROSAB Accounting & Tax Services 38 Cross Lane East Gravesend Kent DA12 5HH

page 5

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

Statement of Financial Activities

for the year ended 31 JULY 2024

Unrestricted
Notes
Funds
2
11,802.29
Sale of books
2
10.00
2
11,812.29
4
102.98
5
11,822.28
6
5,566.95
17,492.21
-5,679.92
0.00
0.00
-5,679.92
9,168.81
7
3,488.89
Expenditure on managing/administering the charity
Incoming resources
Donations & similar incoming resources
Activities in furtherance of the charity's objects
Investment income
Total Incoming resources
Resources Used
Cost of generating funds
Cost of activities in furtherance of the charity's objects
Balance at 1 August 2024
Balance at 31 July 2025
Total Resources Used
Net Incoming/(Outgoing) Resources
Gains and Losses
- Gains/losses on assets for own use
- Gains/losses on investment assets
Net Movement in Funds		 Unrestricted
Notes
Funds
2
11,802.29
Sale of books
2
10.00
2
11,812.29
4
102.98
5
11,822.28
6
5,566.95
17,492.21
-5,679.92
0.00
0.00
-5,679.92
9,168.81
7
3,488.89
Expenditure on managing/administering the charity
Incoming resources
Donations & similar incoming resources
Activities in furtherance of the charity's objects
Investment income
Total Incoming resources
Resources Used
Cost of generating funds
Cost of activities in furtherance of the charity's objects
Balance at 1 August 2024
Balance at 31 July 2025
Total Resources Used
Net Incoming/(Outgoing) Resources
Gains and Losses
- Gains/losses on assets for own use
- Gains/losses on investment assets
Net Movement in Funds		 Restricted
Funds
0.00
0.00		 Total
Funds
2025
11,802.29
10.00		 Total
Funds
2024
23,228.12
520.00
11,812.29 0.00 11,812.29 23,748.12
102.98
11,822.28
5,566.95		 0.00
0.00
0.00		 102.98
11,822.28
5,566.95		 99.00
11,652.76
2,827.55
17,492.21 0.00 17,492.21 14,579.31
-5,679.92
0.00
0.00		 0.00
0.00
0.00		 -5,679.92
0.00
0.00		 9,168.81
0.00
0.00
-5,679.92
9,168.81		 0.00
0.00		 -5,679.92
9,168.81		 9,168.81
-
3,488.89 0.00 3,488.89 9,168.81

Page 7

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY
BALANCE SHEET AS AT 31 JULY 2025 2024
Notes £ £ £ £
Fixed Assets
Tangible
Current Assets
Debtors
Cash & Bank Balance 4,158.44 8,905.76
Creditors: Amount falling due
within one year (250.00) (250.00)
Net Current Assets 3,908.44 8,655.76
Creditors: Amount falling due (419.55) (877.63)
after more than one year
Net Assets/(Liabilities) 3,488.89 7,778.13
Funds
REPRESENTED BY:
CAPITAL ACCOUNT
Balance b/f 9,168.81 -
Net Income/(deficit) over Expenditure - 5,679.92 7,778.13
Balance at 31st July 2024 3,488.89 7,778.13

Page 8

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/07/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended.

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to t he category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

1d. Allocation and Apportionment of Costs

All costs relate to the single activity of the charitable company and are recognized accordingly.

1e. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1f. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment – Straight line method 25%

1g. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

page 9

CHRIST APOSTOLIC CHURCH GLORIOUS ASSEMBLY

NOTES TO THE FINANCIAL STATEMENTS continued.

2 DONATIONS AND SIMILAR INCOME
Tithe/Commitment
Offering & Thanksgiving
Fisrt Fruit
Gift Aid HMRC
Grant
Church Anniversary
TOTAL
SALES OF BOOKS
Sunday School Booklet
TOTAL INCOMING (UNRESTRICTED) RESOURCES
4 COST OF GENERATING FUND
Printing & Advertisement
5 Cost of Activities in Furtherance of Charity's Object
Rent
Evangelism & Mission expenses
Music Department
Youth Ministry
Children church
Holy Communion
CAC headquarters
Charitable Donations
Food Bank
Anniversary expenses
Baptism
6 Expenditure on Managing/Administering of the Charity
Staff training and development
Insurance & security
Motor van and travelling expenses
Telephone
Water
Events/Christmas
Repair & Maintainance
Sundry Expenses
Church Website
Digital Camera
Bills
Postage
Accountancy fee
Legal & Professional Expenses
TOTAL EXPENSES		 2025
£
9,090.09
2,712.20
-
-
-
-
11,802.29		 2024
£
8,723.76
3,375.10
213.26
-
10,000.00
916.00
23,228.12

10.00
10.00
520.00
520.00
11,812.29 23,748.12

102.98
99.00
3,346.00
720.55
122.81
274.04
300.00
-
-
35.00
7,023.88
-
-		 2,295.00
310.00
410.33
200.00
465.97
70.92
3,425.00
2,775.54
-
1,240.00
460.00
11,822.28 11,652.76

-
313.02
68.70
218.00
-
480.99
780.72
417.77
-
-
-
9.75
250.00
3,028.00
5,566.95
500.00
279.76
505.30
-
97.80
-
-
-
57.72
356.97
280.00
-
250.00
500.00
2,827.55

17,492.21
14,579.31
7 FUNDS
At 1 August 2024
Surplus/(deficit) for the year
Transfer of funds
At 31 July 2025		 Unrestricted
Funds
£
9,168.81
5,679.92
-
-		 Restricted
Funds
£
-
-
-		 Total
Funds
2025
£
9,168.81
5,679.92
-
-		 Total
Funds
2024
£
-
9,168.81
-
3,488.89 - 3,488.89 9,168.81

Page 11