2025-09-30-accounts - True Biblical Apostolic Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

TRUE BIBLICAL APOSTOLIC CHURCH

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[th] September 2025

CHARITY NUMBER: 1210264

TRUE BIBLICAL APOSTOLIC CHURCH

LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 30[TH] SEPTEMBER 2025

ADDRESS FOR CORRESPONDENCE

10 Tarragon Way OLDHAM OL8 2FR

REGISTERED CHARITY NUMBER

1210264

GOVERNING DOCUMENT

CIO-FOUNDATION REGISTERED 30[TH] SEPTEMBER 2024

TRUSTEES/ DIRECTORS

Vimal Thambu Raj Rathinam Sridhar Thukkaram Thabitha Charles

PRINCIPAL BANKERS

BANK OF SCOTLAND Registered Office: The Mound, Edinburgh EH1 1YZ.

INDEPENDENT EXAMINER

Manasseh Abraham (Member of AICE) MGA UNITED 118-120 LONDON ROAD MITCHAM CR4 3LB

TRUE BIBLICAL APOSTOLIC CHURCH

10 Tarragon Way OLDHAM OL8 2FR

INDEX Legal & Administrative Details Index Trustee’s Report Independent Examiner’s Report Receipts and Payments Account Statement of Assets and Liabilities Notes on the financial Statements	Page
	1 2 3 - 4 5 6 7 8

TRUE BIBLICAL APOSTOLIC CHURCH TRUSTEES’ REPORT YEAR ENDED 30[th] September 2025

The trustees are pleased to present their report for the year ended 30[th ] September 2025 for the charity, True Biblical Apostolic Church with Charity Number 1210264.

The Trustees of the charity are: Vimal Thambu Raj Rathinam Sridhar Thukkaram Thabitha Charles

The principal address of the charity is: 10 Tarragon Way OLDHAM OL8 2FR

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO – Foundation Constitution registered 30[th] September 2024. 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 article of faith contain in the schedule to this constitution in such ways and in such parts of the united kingdom or the world as the trustees from time to time may think fit; the trustees must use the income and may use the capital of the church in promoting the objects. 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 continues to hold successful services through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The church continues to hold several conferences and events in the United Kingdom and this has continued to make a good impact in the community. The church also ran a vacation bible school to teach the young people the word of God. The church continues to operate its in person services.

FINANCIAL REVIEW

The income of the charity is above £52000. This is a good amount on the first year’s income. The costs have been managed over this period. The charity is in a good position to develop itself in the community.

FUTURE DEVELOPMENTS

The church intends to continue to host its regular worship services and yearly conferences in UK. The intended re-appointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective.

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:

Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the applicable accounting standards have been followed.
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 23[rd ] April 2026 and signed on their behalf by:

The Independent Examiners Report

To the Trustees

TRUE BIBLICAL APOSTOLIC CHURCH

I report on the accounts of the church for the year ended 30[th ] September 2025 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

Examine the accounts under section 145 of the 2011 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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 church 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 I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
proper accounting records are kept( in accordance with section 130 of the 2011 Act
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Manasseh Abraham (Member of AICE) Mga united 118-120 London Road Mitcham Surrey CR4 3LB

True Biblical Apostolic Church

ACCOUNTS FOR THE YEAR ENDED 30[th] September 2025


	True Biblical Apostolic Church

	ACCOUNTS FOR THE YEAR ENDED 30th September 2025



1	Receipts & Payments Account (General Purpose Fund)

	Income Receipts	£/2025

	Tithes and Offerings	52892
	Otherdonations	0



	Total Receipts	52892

	Direct Charitable Expenditure
	Travel	44
	Rent of Hall	9631
	Officecosts	200
	Supplies	1598
	Printing & Stationery	763
	Sundayschool	800
	Welfare	602
	Outreach	4235
	Admin	447
	Conferencecosts	7921
	Subscriptions	144
	Refreshments	2844
		29229
	Other Expenditure
	Equipments	5032
	Camera expenses	1740
	Bank charges	8
		6780

	Total Payments	36009

	Net Receipts/(Payments) for the year


	Cash Funds brought forward	00

	Cash Funds at the end of the year	16883


	True Biblical Apostolic Church

	ACCOUNTS FOR THE YEAR ENDED 30th September 2025



1	Receipts & Payments Account (General Purpose Fund)

	Income Receipts	£/2025

	Tithes and Offerings	52892
	Otherdonations	0



	Total Receipts	52892

	Direct Charitable Expenditure
	Travel	44
	Rent of Hall	9631
	Officecosts	200
	Supplies	1598
	Printing & Stationery	763
	Sundayschool	800
	Welfare	602
	Outreach	4235
	Admin	447
	Conferencecosts	7921
	Subscriptions	144
	Refreshments	2844
		29229
	Other Expenditure
	Equipments	5032
	Camera expenses	1740
	Bank charges	8
		6780

	Total Payments	36009

	Net Receipts/(Payments) for the year


	Cash Funds brought forward	00

	Cash Funds at the end of the year	16883

True Biblical Apostolic Church

----- Start of picture text -----
2 Statements of Assets and Liabilities at 30 [th] September 2025
Cash Funds Unrestricted Funds
£/2025
£
Bank 16883
Total Cash Funds 16883
Assets Retained for the
00
Charity's Own use
00
Liabilities
NET ASSETS 16883
Approved by the Trustees and signed on their behalf:
----- End of picture text -----

TRUE BIBLICAL APOSTOLIC CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[TH] September 2025

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis under section of Charities Act 2011

Funds

Unrestricted funds are those which can be used at the Trustees' discretion. Restricted Funds are those whose purposes have been restricted by the donor.

Staff

The church had 0 employee during the accounting year. All the work of the Organisation was undertaken by volunteers during the financial year.

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 was charged at 20% reducing balance method.

Trustee payments and Related party transactions

No trustee Payments were made during this financial year