Registered Charity Number 1204568
Report of the Trustees and Unaudited Financial Statements For The Year Ended For The Year Ended 31st August, 2025
## ENDLESS PRAISE CITY LONDON
## **ENDLESS PRAISE CITY LONDON Contents of The Financial Statements For The Year Ended 31st August, 2025**
||**Page**|
|---|---|
|Report of The Trustees|1 - 2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6|
|Detailed Statement of Financial Activities|7|
ENDLESS PRAISE CITY LONDON Report Of The Trustees For The Year Ended 31st August, 2025
## REFERENCE AND ADMINISTRATIVE DETAILS
Charity Number: 1204568
## Chairman:
Emmanuel Olufemi AGUNBAIDE
## Principal Address:
43 St John Road Erith - Kent London DA8 1PE
## Trustees
Emmanuel Olufemi AGUNBAIDE Moses Toyin OLAWALE
## Independent Examiner
Adonai Associates 50 King Alfred Avenue Catford, London SE6 3HP
1
## ENDLESS PRAISE CITY LONDON
## Trustees Report
## Unaudited Financial Statements For The Year Ended
## For The Year Ended 31st August, 2025
The trustees present their report with the financial statements of the charity for the year ended 31st August, 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities' issued in July 2014.
## STRUCTURE GOVERNANCE AND MANAGEMENT
New Trustees are given an understanding of the charity's objectives and the requirements of the Charity Commission. They are also encouraged to attend appropriate external training events where these will facilitate the undertaking of their role. Charity Commission bulletins/updates are also forwarded to Trustees as and when issued
## OBJECTIVES AND ACTIVITIES
The advancement of the Christian faith worldwide in accordance with the doctrines set out in the statement of faith contained in the schedule 2.2.2 the relief of poverty 2.3 the trustees must use the income and may use the capital of the trust in promoting the objects.
## ORGANISATIONAL STRUCTURE
The church is organised such that the day to day running of the church has been delegated to the Parish Pastor and the Charity Manager. The Trustees are consulted on all material issues and determine the strategic direction of the charity. Trustees meet formally twice a year and as and when required to review the operations of the charity
## FINANCIAL REVIEW
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statement comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and appropriate controls are in place to provide reasonable assurance against fraud and error
## VOLUNTEERS
The charity's volunteers provide an invaluable contribution in various areas of service provision, development and implementation of the church's vision. We provide a volunteers' training programme that caters for their welfare, spiritual and socio-economic development.
Approved by order of the board of trustees on 30/05/2026 and signed on its behalf by:
## 1�"\l'
Emmanuel Olufemi Agunbaide (For the Trustees)
2
## ENDLESS PRAISE CITY LONDON
For The Year Ended 31st August, 2025
## Independent Examiner's Report
To the Trustees
I report on the accounts for the year ended 31st August 2025 set out on pages four to eight.
## Respective Responsibilities of Trustees and Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's 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 required. The charity's gross income does not exceeded £250,000 and i am qualified to undertake the examination by being a qualified member of ACCA.
## It is my responsibility to:
examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section l45(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention.
## Basis of the Independent Examiner's Report
My examination was carried out in accordance with the 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 statements below.
## Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
1) which gives me reasonable cause to believe that, in any material respect, the requirements which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Abiodun A Adeboyejo (ACCA,ACA,AAIA)
## Association of Chartered Certified Accountants
50 King Alfred Avenue Catford , London
Date................................................
3
ENDLESS PRAISE CITY LONDON
## Statement of Financial Activities
For The Year Ended 31st August, 2025
|Notes
Income Resources
Incoming Resources From Generated Funds
Voluntary Income
1
Other Income
Bank interest received
Total Income Resources
Resources Expended
Charitable Activities
Physical & Spiritual Need
Governance Costs
2
Total Resources Expended
NET INCOMING RESOURCES
RECONCILATION OF FUNDS
Total Funds Balances b/fwd
Total Funds Balances c/fwd|Notes|Unrestricted
£
5,387
-
5,387
1,767
650
2,417
2,970
2,544
5,514|Restricted
£
-
-
-
-
-
-
-|2025
2024
Total
Total
Fund
Fund
£
£
5,387
9,245
-
-
-
5,387
9,245
1,767
8,530
650
650
2,417
9,180
2,970
65
2,544
2,479
5,514
2,544|
|---|---|---|---|---|
||||-||
The Notes Form Part of These Financial Statements
4
## ENDLESS PRAISE CITY LONDON
## Balance Sheet
as at 31 August 2025
|Notes
FIXED ASSETS
Tangible Assets
4
CURRENT ASSETS
Cash at bank and in hand
CREDITORS
Amounts Falling Due within one Year
4
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
Unrestricted Funds
5
Unrestricted Funds
TOTAL FUNDS|2025
2024
Unrestricted
Funds
Total Funds
Total Funds
£
£
2,426
2,426
1,532
2,627
2,627
613
2,018
2,018
2,080
609
609
(1,467)
3,035
3,035
65
3,035
3,035
65
3,035
65
3,035
65|
|---|---|
||3,035|
||3,035|
|||
The financial statements were approved by the Board of Trustees on.................................... and were signed on its behalf by:
Approved by Board of Trustees (For The Trustee)
The Notes Form Part of These Financial Statements
5
## ENDLESS PRAISE CITY LONDON
## Notes to the Financial Statementss
for the year ended 31 August 2025
## ACCOUNTING POLICIES
## Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (issued July 2014)
## 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.
## Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the 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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## Tangible fixed assets
## Taxation
The charity is exempt from tax on its charitable activities.
## Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
|1
VOLUNTARY INCOME
Tithes, Offering & Thanksgiving
2
GOVERNANCE COSTS
Accountancy|£
£
2025
2024
5,387
9,245
5,387
9,245
2025
2024
650
650
650
650|
|---|---|
2025
2024
6
## ENDLESS PRAISE CITY LONDON
## Notes to the Financial Statementss
for the year ended 31 August 2025
## 3 Tangible fixed assets
|Cost
At 1 September 2024
Additions
At 31 August 2025
Depreciation
At 1 September 2024
Charge for the year
At 31 August 2025
Net book value
At 31 August 2025
At 31 August 2024
4
Creditors: amounts falling due within one year
Accruals - Accounts
Movement in Funds
General fund
TOTAL FUNDS
5
Unrestricted funds
General fund
Total Fund|At 01 09 24
£
65
65
Incoming
Resources
£
5,387
5,387|2025
£
2,018
Net
Movement In
Funds
£
2,970
2,970
Resources
Expended
£
2,417
2,417|**Plant and**
**machinery etc**
**£**
1,702
1,500|
|---|---|---|---|
||||3,202|
||||170
606|
||||776|
||||2,426|
||||1,532|
||||2024
£
2,080|
||||At 31 08 25
£
3,035|
||||3,035|
||||Movement in
Funds
£
2,970|
||||2,970|
7
ENDLESS PRAISE CITY LONDON Detailed Statement Of Financial Activities For The Year Ended 31st August, 2025
|INCOMING RESOURCES
Tithes & Offering
Bank Interest Received
Total Incoming Resources
RESOURCES EXPENDED
Charitable Activities
Charity Expenses
Governance Costs
Accountancy Fees
Support Costs Management
Rent & Rates
Bank Charges
Repairs & Maintenance
Depreciation Charge
TOTAL RESOURCES EXPENDED
NET INCOME|2025
2024
Total
Total
Fund
Fund
£
£
5,387.00
9,245.00
-
-|
|---|---|
||5,387.00
9,245.00|
||-
7,550.00|
||-
7,550.00|
||650.00
650.00|
||650.00
650.00|
||1,101.00
200.00
60.00
60.00
-
550.00
606.00
170.00|
||1,767.00
980.00|
|||
||2,417.00
9,180.00|
|||
||2,970.00
65.00|
8