2025-04-05-accounts

OPEN HEAVENS COMMUNITY CHURCH

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5[TH] APRIL 2025

CHARITY NUMBER: 1205195

OPEN HEAVENS COMMUNITY CHURCH 26 LLANOVER ROAD LONDON SE18 3SU

INDEX Page Index 1 Trustee’s Report 2 - 3 Receipts and Payments Account 4 Statement of Assets and Liabilities 5 Notes on the financial Statements 6

1

OPEN HEAVENS COMMUNITY CHURCH

TRUSTEES’ REPORT YEAR ENDED 5[TH] APRIL 2025

The trustees are pleased to present their report for the year ended 5[th] April 2025 for the charity, Open Heavens Community Church with charity number 1205195.

The Trustees of the charity are: Rev Andrew Senna Kame Vidogah Grace Yaa Gasper Rev Benjamin Simons

The principal address of the charity is : 26 Llanover Road London SE18 3SU

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO – Foundation Constitution registered 12[th] October 2023.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are for the benefit of the public: to advance the Christian faith in accordance with the statement of beliefs in such other parts of the United Kingdom or the world as the church council from time to time may think fit, to relieve sickness and financial hardship and to promote and preserve good health. In addition to advance education in such ways and in such parts as the Church Council may think fit. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation held Community Services which have included such projects as Street Evangelism to share the Christian faith, they also held a “Back-2-School” day where gifts were given to over 30 students (ages from 3-17). The youth of 11-18 year olds attended a youth conference to be good citizens of the land. The organisation also held a Christmas party for the community, they held a baptism in the year and organised a fee computer coding program for young people from the age of 11 to 18 years old. A trip to the seaside was also organised by the charity in the financial year.

2

FINANCIAL REVIEW

The income of the charity is above £7,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the rent of its building that it uses for worship services.

.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

1. Select suitable accounting policies and apply them consistently.

2. Make judgements and estimates that are reasonable and prudent.

3. State whether the applicable accounting standards have been followed.

4. Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 20[th] January 2026 and signed on their behalf by:

---

3

OPEN HEAVENS COMMUNITY CHURCH

ACCOUNTS FOR THE YEAR ENDED 5th April 2025

**1 **	Receipts & Payments Account (General	Purpose Fund)
	Income Receipts	£/ 2025
	Tithes and Offerings	7071
	Interest	0
	Total Receipts	7071
	Direct Charitable Expenditure
	Hire of Hall	5440
	Software costs	244
	Bank charges	21
	Subscriptions	310
	Travel	300
	Mission	1080
	Charity donations	100
		7495
	Other Expenditure
	Equipment	0
	Instruments	0
		0
	Total Payments	7495
	Net Receipts/(Payments) for the year	-424
	Cash Funds brought forward	687
	Cash Funds at the end of the year	263
	4

OPEN HEAVENS COMMUNITY CHURCH

2 Statements of Assets and Liabilities at 5th April 2025 Monetary Assets Cash Funds Unrestricted Funds £/2025 £ Cash at hand and in bank 263 Total Cash Funds 263 Assets Retained for the Charity's Own use Non-monetary Assets and Liabilities Musical Instruments 400 Equipments 400 Liabilities Bookkeeping 280

These accounts were approved by the trustees and signed on their behalf by: Rev Andrew Senna Kame Vidogah

---

5

OPEN HEAVENS COMMUNITY CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5th April 2025

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year.

Funds

The CIO has a general unrestricted fund that receives voluntary donations from attendants at the services.

The CIO has no outstanding guarantees to third parties no any debts secured on the asstes of the CIO

Public Benefit

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

Depreciation

Depreciation is calculated on Equipment and Instruments on 20% reducing balance method.

6