Charity No.
1204256
THE STONE CHURCH REVIVAL HOUSE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 MARCH 2024
CHARLES OSEI, Bsc. MSC, ACIE, MCIPP. AFK ATA
CHARITY INDEPENDENT EXAMINER I ACCOUNTANT
FLAT 3. 11 ROCHDALE WAY
LONDON
SE8 4LY

THE STONE CHURCH REVIVAL HOUSE
Registered Charity No.
1204256
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 24 MARCH 2024
CONTENTS
Pago
Legal and Administrats've Detabls
Trustees Report
Independent Examinerfs report
Balance Sheet
10
Statement of Financial Activrties
11
Statement of Cash flow
12-16
Notes to the Accounts

THE STONE CHURCH REVIVAL HOUSE
Reglstsred Charlty No.
1204256
ORGANISATIONAL PROFILE
FOR THE YEAR ENDED 24 MARCH 2024
TRUSTEES
Dr Tar￿￿ Ladapo
Pastor Alexander Adegboye
Mr Ephraim Olumewo
Mr Frederick Lapado
REGISTERED OFFICE:
22 Wilson Close
Ashford
TN23 4AD
ACCOUNTANTS:
Charfes Osei, Bsc (Hon8), MS¢, ACIE, AFA, ATA, MCIPP
Flat 3, 11 Rochdale Way, Depfford London
SE8 4LY
Page 1

CHARITY COMMISSION
FOR ENGLAND ANO WALES
Trustees. Annual Report for the period
From: 818123 Period start date To:2413124
Period end date
Charity name: The Stono Church Revival House
Charity rngistration number: 1204S46
Objectives and Activltles
Summary of the purposes of
the charity as set out in its
goveming document
P4rn1.17
Advan￿ng the Chrislian faith and the
gospel of Christ for the public benefrt in
accordance with thé Statement of Faith in
London and in such other parts of the
United Kingdom or the wodd as the charity
trustees may from time to time think fil for
the benefft of the public through the holding
of prayer meetings. teaching of the word of
God, raising awareness of biblical religious
beliefs and practices, celebrating biblical
religious festivals, outreach and pastoral
care in the communit
1.Advancing various doctrines and b81iefs
of the Christian faith by regular teaching on
h8aling. divine provision. importance of
prayer etc wtlhout any political motive.
Summary of the main
activrties in relation to those
purposes for the public
benefit, in particular. the
activrties, proj8cts or
services identrfied in the
accounts.
Parn 1.17 at¥J
2. Pastornl care.. Promoting religious
SUpe￿I$l0n and instruction. Praying for
members and providing counselling for
members who reach OLSt, promoting prayer,
praise and study. Religious Communication,
induding semions and religious seminars,
talks, meetings and Gorrferen￿S and
provision of religious material via the
intemet. support of Ministers for acting as
such, including the provision of stipends
and other living allowances, pensions and
rets'rement accommodation,
3.Evangellsm preach our faith and give
willing members of th8 comrnunity
opportunty to join the church. This is done
through street evangelism, specrfic planned
outreach programs. members invrting their
own fnends, street and door to door
communications including distribution of
church invitation fliers v￿thoUt any form of
coeraon or causin
ublic nuisance.

4. Encouraging and facilitating the practice
of the religion by existing followers or
adherents. This is done through provision
and maintenance of a place of worship for
followers, conductirvJ religious ceremonies
such as weddings and naming ￿reMOnIes,
raising awareness and understanding of
religious teliets and practs.￿S
5. Missionary, outreach and welfare.
Reaching out to sheltetE and homes to
provide support such as dothing and food
items. Christmas grfts and meals or other
specffic needs of the homeslshelters
Supports'ng members of the community v￿th
welfare needs which may be material,
financial or s
iritual.
The Trustees have been guided by the
Charity Commission on public benefit.
Statement confimiiNJ
whether the trustees have
had regard to the guidance
issued by the Chanty
Commission on public
benefit
P•r• 1.18
Achlevements and Perforniance
Some of our ach￿vementS over the
past 8 months are as follows..:
1. Provision of a regular place of
worship every Sunday where the
gosp81 is preached and members
have had the opportunity to
strengthen each other in fellowship.
The regular teaching of the word of
God has brought encouragement to
its members and helped them to
develop strory moral values to live
a$ responsible otizens of the
society.
2. Hosted a Christmas event in our
location where we interacted with
the communty members and gave
gffts to the children.
3. We started a weekly Saturday
aftemoon stall outside our place of
meeting vthere we provide coffee
and snacks to the communty and
h*J the opportunity to share our
fath. We had a lot of people drop by
for a coffee and interacted
4. Provided welfare support to some of
our members who had pertinent
Summary of the main
achievements of the charity,
id8ntifying the difference the
¢harity's work has made to
the circumstances of rts
beneficiaries and any wider
benefits to society as
whole.
Parn 1.20
5. Held an evangelical and charity
outreach at the Middlesex Universi

arnpus in London where v
ministered to students, some of
vthom we eventually provided with
W￿lfare su
Financial Review
Review of the tharity's
financial posibon at the end
of the
enod
Statement explaining the
policy for holding reserves
stati
are héld
Amount of reserves held
Reasons for holding zero
reserves
Details of fund materially in
deficit
Explanation of any
Un￿rtaIntIeS about the
charty continuing as a g￿n9
concern
Para 1.21
S¢6 Financlal Statements 2024
Para 1.22
Para 1.22
Sae Financial Ststem8nts 2024
P8rn 1.22
Parn 1.24
Parn 123
Not applicable
Addftlonal Infomiatlon (optlonal)
You ma
choose to include further statements where relevant about..
The charity's principal
sources of funds (including
an
fundraisin
Investment policy and
objectives including any
social investment policy
ado
ted
A description of the pnncipal
risks facing the charty
ra 1.47
Parn 1.46
P•r• 1.46
8tructure, Governance and Management
Description of char5ty's
trusts..
Type of governing document
Pwa 1.25
Constitution
How is the charity
Constituted?
Para 1.25
cio
Trustee selection meth(Kls
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entit
to appoint one or more
trustees
P8rn 1.25
Election to post

Additional infomiation loptional)
You ma
choose to include further statements wtlere relevant about:
Policies and procedures
adopted for the induclion
and training of trustees
Para 1.51
The charity's organisational
structurè and any wider
ne￿Ork with vthich the
charit
works
Relationship with any related
parties
P•r• 1.51
Par¥ 1.51
other
Reference and Adminlstrative details
Chari
name
Other name the cha
istered charit
number
Charity's principal address
The Stone Church Revival House
120546
22 Wilson Close.
Ashford
TN23 4AD
Names of tho ¢harlty In*tees vtho manay the charlty
Date• *t•d If not forwPK>l•
Offic• Ill •nyl
Name of ￿rnon lor body) ontitl•d
int tru8t•e
IfAn
Tru*ts• nam•
Rev Alexander
Adegboye
Ta￿ Ladapo
Ephraim Olumewo
Frederick Ladapo
Chaiman
Whole year
Minister
Illhole year
Iplhole year
Whole year
Trustee
Trustee
Declarations
Tho trustees declare that they hav• approvod tho trusttss, report above.
Signed on behalf of the charity's trustees
Signaturn(s}
Full namels)
Position log Secretary,
Chair. etc)
Dr Taiwo Ladapo
Minister

Date
311125

THE STONE CHURCH REVIVAL HOUSE
Roglstered Charity No. 1204256
INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMENTS
TO THE TRUSTEES OF THE STONE CHURCH REVIVAL HOUSE
I report on the financial statements for the year ended 24 March 2024 set out on pages 4 - 11.
This report is made solely to the Trustees of The Stone Church Revival House. as a body. in accordanc8 wi
regulations made under section 145 of the Charities Act 2011 and Charty SORP. My work has been
undertaken so that I might state to the Trustees matters l am required to state to them in an independent
Examinevs report and for no other purpose To the fullest extent pemiitted by law. I do not accept or
assume responsibility to anyone other than the Charity and CharIt￿S trustees for my independent
examination work. for this report, or for the statement I have given below.
R08Pe¢tlv& respon8lbilitiM of Trustees and Inde￿ndent examlner
As charity trustees of the company (and also its directors for the purposes of the company law> and for th8
purposes of charity law, are responsible for the preparation of the financial statements. The Trustees
consider that an audil is not required for this year under section 144(2) of the Charttl8s Act 2011 (the Acti
and under Part 16 of the 2008 Act, and that an independent examination is needed.
I report in respect of my examinth'on of the Chantys accounts rAmed out'.-
a) examine the accounts urKler section 145 of the 2011 Act,.
b) follow the procedures laid down in th8 general Direciion8 g5ven by the Charrty Commissioners under sed
145{5)(b} of the 2011 Act: and
c) state whether particular matters have come to my attention.
Ba$1$ of Indepondent examlnorfs st•tem•nt
My examination was carried out in accordance wrlh the general Directions given by the Charity Commission
An examination includes a review of the accounts'ng records kept by the Charity. and a comparison of th8
accounts presenled with those records. It also includes consideration of any unusual items or disclosures in
the accounts arKI seeking explanations from you as Trustees conceming any such matters. The procedur8
undertaken do nol provide all the evidence that V￿uld be required in an audit. and Consequently no opinion
given as to whether the accounts present a Irue and fair vievf and the reports limrted to those matters set I
in the statement on the neyx page
Pa3e 7

THE STONE CHURCH REVIVAL HOUSE
Registered Charlty No. 1204256
INDEPENDENT EXAMINER'S REPORT ON THE FINANCIAL STATEMEN
TO THE TRUSTEES OF THE STONE CHURCH REVIVAL HOUSE
Independent examin•rf$ statemont
In ¢onn8ction with my examinats'on. no matter has come to my attents'on"
1) which gives me rea￿nable cause to believe that in any material respect the requirements
a) to keep accounting records in accordance with Section 130 of the Charities Act., and
b) to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Charities Act
have not been met,. or
2) to which, in my opinion. attents'on should be drawn in order to enable a proper understanding of thè
accounts to be reached.
1011202S
oi
Date .
Charles Osei, Bsc (Hons), MSC, ACIE. AFA, ATA . MCIPP
Flat 3, 11 Rochdale Way Deptford London SE8 4LY
Page 8

THE STONE CHURCH REVIVAL HOUSE
R•glstèred Charity No. 1204256
BALANCE SHEET
AS AT 24 MARCH 2024
Notes
2023124
Current Assets
Debtors
Cash at Bank and in hand
3,599
Creditor8
Amount due withinoone Year
Other Creditors
(991)
Net Asset8lLiabiliti88
2,608
Re$orv•s
General Funds
3,108
Restricted Funds:
3.108
The financial statements were approved by the Board of Trustees and authorised for issue on
311125
.and were signed on its behalf by..
Dr. Taiwo Ladapo
TNste8
Type text here
Page 9

THE STONE CHURCH REVIVAL HOUSE
Reglstered Charlty No. 1204256
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 24 MARCH 2024
2023124
Total
Funds
Unrestricts Restricted
Notss d Funds
Fund$
Resources Arlslng
Donations and Legaci89
23,045
23,045
Total Incom•
23,045
23,045
Expendltur•:
Charitable Activities -General
24.093
24,093
Total Expendlturo
24,093
24,093
R080urco8 retslnod for further u
(1.048)
(1,048)
Transfer between Funds
Net Movoment In Funds
R8concillations of Funds
Brought forward 2510312023
4.156
4,156
Carrled forward 2410312024
3,108
3.108
Page 10

THE STONE CHURCH REVIVAL HOUSE
Reglstered Charlty No. 1204266
STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 24 MARCH 2
2023124
Cash flows from operatlng aC￿vItIeS
Cash generated from operations
18
(1,048)
Net ￿sh (used In)Iprovided by operating activites
(1.048)
Changa In cash and cash equfvalents In the reportlng prfod
(1,048)
Cash and cash equlvalènts at tho beglnnlng of the rnportlng ￿lIod
4,156
Cash and co¥h èqulvalents at the end of the reportlng porlod
3,108
Pap11

THE STONE CHURCH REVIVAL HOUSE
Regl8lered Charlty No. 1204256
NOTES TO THE ACCOUNT
FOR THE YEAR ENDED 24 MARCH 2024
1. A¢¢ounllng Policles
Basls of Preparntion.
These accounts have been prepared on an accrual basi$ and include income and expendtiure as they are
eamed or incurred, rather than as cash r8ceNed or paKI. Reference to the"Chanb"es SORP, refers to the
Chariles SORP IFRS 102}. Accounbng and Reporting by Charib"es. Ststement of Recommended Pracb'ce
applicable to chanlies p￿pariftg their accounts in accordan¢e ￿th the Financial ReFth"ng Stsndard
applicable in the UK and Republic of Ireland. 2nd edibon eff￿1ve 1 January 2019, and in ￿COrdanCe wrth
the Companies Act 20C6.
la. Incomfr
All income is recognised once the Chanty has entrtlemenl to the income, it ￿ probablè that the in￿rne will be
received. and the amount of income rwAivable be measured reliabty.
Grants are included in the Statement of finanoal activityes on a receivable basis. The balance of income
received for specific purposes but not expiended during the per￿￿ is shcwm in the ￿levant fvnds on the
Balance Sheet. Where income is received in advance of entsuement of receipL its reCognit￿n is defe￿ed and
included in creditors as deferred income. Where ent￿ement cccurs beth income is received. the income is
accrued.
Income tax recoverable in re18tson to donations receNed under Grft Aid or deeds of covenant is recognised at
the tim8 01 the donation.
Income tax recoverable in ￿latiOn to invesknent income Is rwniged at ihe kn'me the investrnént income 18
receivabl8.
1b. Expendlturn
Expèndlture is recognised once there is a18gal or consrtructive obligats'on to transfer economr benefit to
third party, il is possible that a transfer of econom￿ benefits will be required in settlement and the amount of
th& obllg8tion can b& measured reliabty.
ExFendilure on ¢haritsble activiti'es is incurred on dir￿ urKiertaking the activrt* further the Ctt8rty's
objectives, as well as any assouated support costs.
All expenditure is indusNe of irrecoverable VAT.
1c. Governmont grnnt8
Govemmenl grants are credrted to Ihe Statement of financial adivitses as the rew expenditure is incurred.
1d. Fund accountlng
Unreslricled Funds are receivab￿ or generated for the objects of tt)e chaiity without further
specified purpose and are available as general funds.
Restricted Funds are subjected to ￿tn"ctIOnS on thdr eXpendrtU￿ imposed by the dornr.
Designated Funds are unrest[￿ted funds but eamiarked by the trustses for partK)Jbar PLSrposes.
Page 12

THE STONE CHURCH REVIVAL HOUSE
Reglstered Charlty No. 1204256
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 24 MARCH 2024
le. Taxation
The Chafty is considered to pass the tests set out in Paragraph 1 Schedule 6 of trhe Finance Act 2010 and
therefore it meets the definits'on of a charitabbe company for UK corporatson tax purFK>ses. Accordingty, the
Charty 1$ potenb'alty exempt from tsxatson in resw of income or caprtal gains recewed wthin categories
covered by Chapter 3 Part 11 of the Corwration Tax Act 2010 or sect￿ 256 of Ihe Taxab'on of Chargeable
Gains Act 1992. to the extent that such income or gain$ a￿ appl￿ exdusivety to charitable purposes.
1f. Debtorn
Trade and other debtors are recognLsed at the setuement amwnt Prepayments are valued at amount prepaid.
19. Ca*h at bank and In hand
Cash at bank and in hand includes cash and short-term hVjh￿ liquvJ invesknents vrth a short maturity of three
months or less from thè date of acqui$rt￿n ¢y op8ninw of the deFQSrt or simiLqr amint.
1h. Llabllltlu and prov181on8
Liabilities are recognised when there an obl￿atiOn at the balance sheet date as a result of a past event, rt is
probable that a transfer of economic Lwefit will b8 required in setUemen( and the amount of the settl8m&nl
can be estimated rellabty.
Liablllties are recognised at the amount that the Chanty anticipates il pay to settb the debt or the
amount it has rec8lved as advar)ced payments for the gocMJ8 or servic8S it must provKI8.
Provisions are measured at the best estimate of the amounts required to setue the obligation. Where the
effecl of the time value of money is material. the prowsion is based on the present value of those amounts.
discounted al the pre-tax discount rale that reflects the risks sp8cfft to the liability. The unwinding of the
discount is recognised in the Statement of financval aclNrt￿ as a finance cosl
11. Flnan¢lal In•lrumont•
The Charity only has financKal assets and ffinanaal liabilib.es of a kind that qualify as basic financial instruments.
Basic financial instruments are init]'alty recognised at transath'on value and subsequentty measured at their
settlement value with th& exceptson of bank loans whth are susequenty measured at amortised cost using
the effectfve inlerest method.
11. Crftlcal a¢¢ountlng ￿tImat￿ and areas ofjudgement
Eslimales and judgements are continualty evafuated and a￿ based on histOTical exPeTren￿ and other factors.
including exFectsbons of future events that are believed to be reasonaue under the circumstsnces. The Charity
does not currenty have any signtfi¢ant accountr.ng estimates or areas ofjudgement
1k. Tanglble Fixod A8S•t8
Equipment and other tangible fixed assets are r2Prtalised vthen the cost is £500 or mo
Depreciation is prO￿ded at the folknwng annual rates in order to write off e&h assst over its
estimated useftjl lrfe.
Complrter equipment
stravJht line over 3yeais
Page13

THE STONE CHURCH REVIVAL HOUSE
Règistsrod Charity No. 1204256
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 24 MARCH 2024
Unrestricted Re8trl¢tod
2024
2024
2 DONATIONS AND LEGACIES
2023124
GIftAld
Other Income
Total Incomo
23,045
500
23.045
5CN)
23,545
3 DIRECTISUPPORT COSTS OF CHARITABLE ACTMTIES
Unrestrlcted
2024
Rostrictod Total
2024
2023124
Charity expense
Equipment /Consumable
Honorarium
General Adminlstratlve Expenses
Outreach
Rent
Salary
Subscriptlons
Transport
Welfare
Total resources exponded
550
2,146
1,103
2,146
1,103
1.757
8.091
2,527
442
1,757
8,091
2.527
442
5,010
24,093
5,010
24,093
Page 14

THE STONE CHURCH REVIVAL HOUSE
Reglstered Charlty No. 1204256
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 24 MARCH 2024
4 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
Other creditors
991
991
5 ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Total
funds
2023
Totsl
funds
Unrestrlctod R8strlcted
fund
fund
Current ass8ts
Current Liabilrties
3.599
3,599
991
2,608
6 MOVEMENT IN FUNDS
Net
movement
In funds
At
24.3.24
At 26.3.23
Unrestricted furKIs
G8neral fund
4.156
(1,048)
3,108
R8Stricled funds
Restricted fund
3,108
Net movement in funds, inclLJJed in the above are as follows..
2024
Incomlng
rtsources
2024
2024
Movement
In funds
Resources
expended
Unr8Stricted funds
General fund
23,045
24,093
(1,048)
R8Stricted funds
Restricted fund
TOTAL FUNDS
24,093
(1,048)
Page 15

THE STONE CHURCH REVJVAL HOUSE
Reglstered Charlty No. 1204256
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 24 MARCH 2024
MOVEMENTS IN FUNDS - contlnued
7 RELATED PARTY DISCLOSURES
There were no related party transactTrons for the year 24 March 2024.
8 RECONCILIATION OF NET (EXPENDIYUREVINCOME TO NEf CASH FLOW
FROM OPERATING ACTIVITIES
2024
Net lexpenditure)lincome for the reporting peri¢xl (as per the
statement of financial ath'viti'es)
Adjustrnent fof:
Fixed Assets
Depreciation charges
(Increase)Idecrease in debtors
Increaselldecreasel in creditors
Net cash (used Inllprovlded by operatlons
(1,048)
9 ANALYSIS OF CHANGES IN NEf FUNDS
At 25.3.23
Cash flow
At 24.3.24
Net Cash
Cash at Bank and in hand
4.156
3,108
3,108
3,108
1.048
(1,048}
Total
4156
Page 16