Rewtered charity Number 260353 England and Wales Cherubljn & Seraphim Church (UK Headquarters Report and finand415tatements for the year ended 31 December W21
Cherubim & Seraphim Church (UK Headquarters) twl and a£lministrative orntiOn Trustees His Grace Baba Aladura S. A. Abidoye {ChaiTtiian) Special Apc6tie A. AdeN)kun Special Apostle I. A. Odufor Special Apostle Pastor S. O. Sob) Special AF)StIe S4uire M05t nIOr Apc6tle T. A. Anioyin SFJecial Mother R. A. Bamidele Special Mother E. Shadare Saal Mother V. A. Opeyokun Re818tered charity number 260353 En8land and Wales Principal locatlon 175 Earlham Grove Forest Gate IAndon E7 9AP Accountants Euiot Aklns & Co Chartered Certsfied Accountants 1st Floor, Cavendish House 369 Burnt Oak Broadway EdgwaTe Middlesex HA8 SAW
Cherubim & Seraphim Church IUK Headquarter8) Contents Page Trustees, Teport Independent examiner's report Statement of financlal activities Balance sheet Notes to the financial statements
17SEar#wn Grfft E 7W We want to thank the Almighty God for gmng us the Grxe to Him more, the Grace to pray to him, the Grac8 to hear him. the Grace to sing aThJ darKe to him and the Gre to ty and do his will. Gcyj's mandate upon us is to promote gcxjliness in running C&S in indoctrinated but operate on ¢0 Biblical principles in the K)de of worship and contemporary enough in reaching out to the wodd and accommodate people of dIVee W(grounds. ethnics and languages. Ae¢ounting:" As per the Charity regulatft, we have never faikd to present the audited Annual Accounts every year Glory be to God. We thank all those who used their th"Ils in seth.ng up the system. All monies is property monitored and recorded without Trail following due and prc(e5ses. M•mb•rship:" It gives us joy that the church is standing and hokling servlces during Midaek and Sundays. It is with prayer that the membershio has be gring steadity every year. 177 Earlham Grovè: We gwe glory to God that we continue to have excellent thing relalionship with the Chostnut Nursery to provide earty child Ca to our communty. Durir#J Cov119 the thurch was ab to assist the Nursery wfth their monthly rerrtal to help with cash fi(rw crisis. The Tel8tiSh1p is cThnted fmm above and wiu contsnue for evefrr#)re. Blrnilngham Chur¢h Bulldlnq We give glory to &Jd that we continue to Christian f8lltrh]P tyi the IlIding to (x)ntinue this legacy. Cdestial Church conlinue to hold worship serrfKw. Vlslon•rn Band The Visioners Band has now boen rwrywised lo meko improverrts in wophetsc delivery 8ThJ bring confidence to our members. Baptl$m Baptism was rrIed out 80 that our chiklren can le&1 the seTh#x from the attar. Govemment Pr0Ceu and Requlromgnts: . We have pul in place 9ovemment gelIneS aThJ pro(xs8es espwiamy D8S and Safeguarding Policles, GPDR TrainirtrJ, H88llh arKI Safdy reguLetKJn8 requireffl. Glft Ald:. We give glory to A[rnhty GCKI that the church is rK)w registered for Gift Aid VIÈ thank all the Officers who worked incrediljy hard in registeriNJ the church for the Gift Aid system. Queen8 Platlnum Jubllo•'.- On the Sth June 2022 the church Forbcipated in Queen Eloab8th Plats'nurn Jubilee by wjanising neighbourhood street party. Welfave Faclllll88:. We continue to pro¥bJe cr thurch hall facilrtw to wr ffmbers. unifatiOn Council of Chuthes and All Nations Bible Colkge. DuriNJ Xmas we held Xmas Carol and dine wilh us inviting our c31 community and neighbourh(K#J. Adq'okun 17 September 2022 Chairman of Boanl of Tru8t•
Cherubim & Seraphim Church (UK Headquarters) Independent examin&8 report to the trust@ members of Cherubim & Seraphim Church for the year ended 31 December 2Q21 I report on the accounts frir thè year ended 31 fkcembeT 2021 which are set out on pages 6 to 9. Respe¢tKve responsibilities of tte¢S and examiner The charity's truste are responsible for the preparation of the accounts. The charity's trustees COn8Mler that an audit is not required for this year under section 144 of the Charities Act 2011 (the dwities Act) and that an independent exatnination is needed. It i5 my responsibilxty to.. - examine the accounts undeT section 145 of the charities Ac¢ - to follow the procedures laid down in the general Directions Siven by the Charity CoDunission {under section 145(5)(b) of the Clwities ACL and - to state whether particular matters have come to my attentio Ba818 of independent examinees report My examination wa5 carried out in accordance with general DIrertio given by the Charity Commission An examination includes a Teview of the accounting records kept by the chatity and a comparison of the accounts Presend with those record5. It aLso includes consideration of any unusual ilems or disclosures in the accounts, and seeklng explanations from the trustees concerning any such matters. The procedures undertaken do not Provide all the evidence that would be required in an audit, and consequently tKJ opinion is siven as to whether the accounts present a'true and fair, view and the report is limited to th(kse matters set out in the Statement low. Independent examiner'$ statement In the course of my examination, no rnatier has come to my aitentiotL l. which gives me reasonable cause to lieVe that irn any material respecL the requiremen. to keep accounting records in accorda with section 130 of the Charities ACL. to prepare accounts which accord with the accounting rordS and comply with the accountin8 requirements of the ChaTities Att, have not been metr, or I to which, in my opiniory attention should be drawn in order to enable a proper understandJn8 of the accounts to be Trathed. Elliot Akinjirin Chartered Certifled Accountants 1st FIooT, Cavendish House 369 Burnt Oak Broadway Edgware Middlesex HA8 SAW 17 tyember 2022 Page 3
K HeadqyarteT#) for the YeareDd 31 December 2Q21 Total fun(ts Volunlary income.. donaltons Activities in furtherdnce of ciwitab]eactivil 4L9 38.127 87283 38,127 872&1 31219 Total Incomlns re8ource8 Re8ouree& expended Charitsble a(tivittes'. ReUglou$ or$antsatloAg.. d¢)nollons Other charitable purPe5 Relief OE poverty 4.110 4.110 5.967 1,157 Governance costs.. MaDa8emenl and admitii•tr&lives CLknts Total re80urces used 37326 70,898 78.021 Ne¢ IolAS r¢Jour¢ 4k1.775 (IZ577) Net movement In fun IZ577) Bol•ttce at I lattuory Xla) i.L%Z354 Balance at JI Deeember 2LTr20 1.126.U9 1.126.129 Pa8e 4
Chernblm and Seraphim Church K Headquarters) Batance Sheet as at 31 December 2021 2021 Fixed assets Notes Tangible assets 817,114 817,114 Current asset8 Debtors io Cash at bank and in hand 317.243 317,243 265,990 265,990 credit amounts falllng due within one year li (I,(th) (750) Net current assets 316,243 265,240 Total assets less ¢unent liabilities 1,126.129 1,081354 Credltorg: amounts falllns due after mi)re than one year Net a88ets 1,126,129 1,082,354 Reserves Accumulated Teserves Surplus for the year 1,082354 43,T75 1,094,W31 (12,577) Total funds 1,126,129 1.082,354 The financial statements weTe approved by the BoaTd of trustees on 17 kpiember 2022 and signed on its by. ostle A. Adeiokun behlaf of the Chairn)an of the Boa of Tntee8 For and o The notes on pages 6 to 9 forni an integral part of these financial statements Page 5
Chernbim & Seraphtm Churth (UK Headquarter51 Notes to the fJnan¢ial statements for the year ended 31 December 2021 1.0 A¢¢ounting policie8 1.1 Accounting convention The financial statenients are prepared under the historical costconvention And in accordance Wlth the Statement of Recornrnended Practice. Accounting and Reportins by Charities {SORP 2005). The kncial statements do not include a cash flow statement F*cause the charity as a small reF4)rting entity. is exempt from the requirement to prepare such a statemenL 1.2 Incomlng Resources Tlthe$ and offerings Incoming resources includes collections from tithes, thank$8Éving and special services received during the year. Investment Income. Investment income corLsists of bank inteTe5t and Mt 1Ved during year. 1.3 Resource8 expended Resources expended inclusive of value added tsx are included in the Statement of Financial Activitie5 on an accrual basis. 1.4 Tangible flxed aets and deeCIatIon Tan8xble fixed assets foT Use by the charity are stated at less depreciation. tkpreciation is provided At rates calcuIated to wrAte off the ¢<t less residual value of each a55et over its expected useful life. as follows: Fixtures and equipment Motor vehxcles Freehold property 20% on cast 20% on cost 2% on cogt 2a Donation8 and 8imilar incoming re8OU 221 38,%0 18,549 11,397 29,946 Tithes 44.956 Page 6
Chernbim & Seraphim Church (UK Headquarterg) Niltes to the financial statements foi the year ended 31 Deeember 2021 2b Activities in furtherance of charitable actItIeS 2020 Other income 4.200 4,200 3280 2c Investment income 2020 Rent ineome reIVed Bank interest received 38.100 27 38.127 32,0(N) 219 Resources expended on charltable activltle8 2020 Donations 4.110 4,110 5,%7 5,967 Resource8 expended on othér charltable activitie8 Conferences, retreats and anniversaries Transportation 2(Y21 2020 572 2,on 1.157 1,157 Re8ouNe$ expended on poverty relié 2020 Hospitality Page 7
erublm & Seraphim Chtsrth (UK Headquarters) Notes to the finaneial statements for the year ended 31 December 21m Governance eo8t&" Expenditure on manasingadministering the charity Rent and rate5 Telephone Printin& postage and statiot Llght and heat Cleaning Equipment rental aergy maintenance Repairs and building maintena Legal and piofessional fees Accountancy Bank charses tnsuTan Sundry expenses Depreciation 2021 2(Y20 1.129 4,041 1,102 576 11,364 8,949 1,200 27.855 2.260 750 6,618 1,210 3.ThJ7 3,690 7555 70098 7,637 37.326 Net movement in fund8 for the year 20 2020 Net movement in funds 15 Stated after Charging.. Depreciation of tangible fixed assets. 7.637 7555 Fund8 Unre5trictsd Restricted l*unds Funds Total Funds Total Fund5 2020 AiJanuary Surplus for year 1,2254 1,082J54 43.775 1.094,¥31 112,577) At 31 December 1.126.129 1,126,129 1,082,354 unStrICted hmds comprise those fund5 which the trustees are free to use in accordance with the charitable obFcts. Restricted funds are funds which have been given for particular purpws and Proj. Pase 8
Chernbim & Seraphim Church IUK Headquarters) Notes to the Einancial 8tatements for the year ended 31 December 20tI Tangible fixed a&4els Freehold Propetty Fixtures and eqtixpment Motor Vehicles Total Co$t ot l January 2021 ll.047 131987 24.IXJO 1,148,034 Additions At31 December 21Y21 133296 24,0(X) 1,148.443 Depredatlon At l January 2021 126.010 14,4LK) 330,920 Charge for year 7,637 At 31 DecemEEr 2021 128W7 19,2 338,557 Net book value At 31 December 2021 8(KJ,537 4.549 809386 At 31 December 2020 81x1537 817,114 10 Debtors 2020 Prepayment and accrued irKome 11 Creditorn: amounts falllng due within one year Other credidoTs & accruab 2020 1.000 I,o(M) 750 750 12 Related party transa¢tion8 and charges No payment were made to Trustees or any other persons connected with them during thxs financial year in thexr capacity a5 Trusts. No material transactiorLs t(M)k Pla ltheen the charity and the Trustess or any person connected with them. Page 9
Cherubim and Seraphxm Church IUK Headquarters) fncome and eXpendit¢e account for the year ended 31 Detember 2021 Intome rrfeivable 87.256 65,226 Administrative expen Rates Light amd heat Repairs and mainterawe Cleaning expenses Donations Clergy n]ntenance Printin& postage & stationery Telephone Accountancy Events & conventions Website expenses Travel and motor exper Bank charges rnsurance LegaI and PTofe&sional fees Sundry expenqeg Depreciation motor vehicles Depreciation plant and equlpment 1.129 8,949 6,618 4,041 iJ,364 27J55 4,110 5.967 576 1,102 750 572 1,157 31iJ7 1210 3h 2.&37 2,755 Surplus 78,022 (12,7961 43,748 Interest receivable Bank deposit 219 219 {12,574 Surplus for the year