## **Christ Apostolic Church(CAC)House of Prayer** **Charity No. SC041016** **Trustees' Report and Unaudited Accounts** **31 March 2025** **Christ Apostolic Church(CAC)House of Prayer Contents** ||Pages|| |---|---|---| |Trustees' Annual Report||1| |Independent Examiner's Report||2| |Statement of Financial Activities||3| |Summary Income and Expenditure Account||4| |Balance Sheet||5| |Statement of Cash flows||6| |Notes to the Accounts||7| |Detailed Statement of Financial Activities|8 to|17| Page 1 **Christ Apostolic Church(CAC)House of Prayer Trustees Annual Report** The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Charity No. SC041016** ## **Principal Office** 201 Govan Road Glasgow G51 1HS ## **Registered Office** 201 Govan Road Glasgow G51 1HS ## **Trustees** The following Trustees served during the year: ## **Key Management Personnel** ## **Accountants** FREDRICKS ACCOUNTANTS & CO LTD Suite 204 133 Creek Road Greenwich London SE8 3BU ## **Bankers** TSB Bank plc Paisley High Street Glasgow ## **OBJECTIVES AND ACTIVITIES** The principal objectives of the Charity are the advancement of the Christian faith worldwide and the relief of poverty. The Charity vigorously pursues her primary purpose of advancing religion, education and the alleviation of poverty. Page 2 **Christ Apostolic Church(CAC)House of Prayer Trustees Annual Report** The main activities undertaken concerning those purposes include the following: a)To advance Christian religion activities for community benefit b) To arrange, co-ordinate and provide social, recreational, educational and spiritual opportunities and activities of community benefit. c) To encourage participation and promote the furtherance of social welfare and improve the quality of life of the community. d) To reach out to the less privilege in our community by way of giving. e) To encourage the youth to participate in community service. ## **ACHIEVEMENTS AND PERFORMANCE** The trustees are pleased to report that the Church continued to be successful spiritually by ministering to many people. Sunday service and Midweek services were held all through the year, recording an average attendance of 267 adults and children. The Church has improved in membership strength and increasingly reaching out to the community. More focus and tremendous success were achieved in the area of Evangelism and community outreach. The Church has immense growth in physical and spiritual life during the year and advancement of Christian faith following the doctrine set in the Statement of Faith as contained in our Trust Deed. During the year under review, we have successfully planted Christ Apostolic Church-House of Prayer in Manchester and Derby. Our Parish in Manchester will reach out to both young and old in the community. We shall actively engage the youth in various community development programmes. Our vision is to transform our immediate communities by imparting the Christian values in the younger generation. ## **FINANCIAL REVIEW** The trustees have considered the level of reserve which should be maintained within the Charity, and this is reviewed annually. Such reserves are needed to cover, the working capital, the risk of possible shortfalls in charitable income and other contingencies. The net incoming resources for the year amounted to a surplus of £9,527(the year 2024 was a surplus of £22,094). All these have been unrestricted reserves, and no fund is allotted to restricted funds. The trustees have established a reserve policy whereby the unrestricted funds not committed or invested intangible fixed assets(The Free Reserve) held by the Church should be three months of annual expenditure. At this level, the trustees feel that they would be able to continue the current activities of the Church in the event of a significant drop in funding. The Trustees have assessed the significant risks to which the Charity is exposed, particularly those relating to the operations and finance, and are satisfied with the risk management system in place to mitigate any exposure. Risk is an everyday part of charitable activity, and managing it is essential if the trustees are to achieve their key objectives and safeguard their Charity's funds and assets. Therefore the Charity has developed appropriate Risk Management Framework, which consists of the Risk Management Policy and Risk Management procedures outlined in the operational guidelines. ## **PLANS FOR FUTURE PERIODS** The Church will continue to explore various ways of spreading the gospel of Christ effectively. The Church is also looking to grow in membership and continue to develop its members to make a life-changing impact in society, plant more parishes, open Bookshop, Drop-in Youth service(including Saturday), Open Café for less privilege, community choir and acquire our own property. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** Page 3 **Christ Apostolic Church(CAC)House of Prayer Trustees Annual Report** The Charity is constituted under a Trust Deed dated 9th November 2009, and Charity number is SC041016 on the central registered of the Office of Scottish Charity Regulator. The principal objectives of the Charity are the advancement of the Christian faith worldwide and the relief of poverty. The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the trust Deed. The Church is organized so that the trustees meet regularly to manage its affairs. There is a full-time Minister, staff and volunteers, who manage the day to day administration of the Church Christ Apostolic Church House of Prayer is a member of Christ Apostolic Church worldwide which has branches all over the world. An Agreement governs the relationship for everyday purposes between the branches and CAC worldwide. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). The trustees are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment(Scotland) Act 2005,the Charities Accounts(Scotland)Regulations 2006(as amended)and the Accounting and Reporting by Charities:Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland(FRS102) The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). The trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 4 **Christ Apostolic Church(CAC)House of Prayer Independent Examiners Report** ## **Independent Examiner's Report to the trustees of Christ Apostolic Church(CAC)House of Prayer** I report on the financial statements of Christ Apostolic Church(CAC)House of Prayer for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks 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 I do not express an audit opinion on the view given by the accounts. ## **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: - to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations - to prepare financial statements which accord with the accounting records, comply with Regulation 8 of the 2006 Accounts Regulations - have not been met: or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. FREDRICKS ACCOUNTANTS & CO LTD Suite 204 133 Creek Road Greenwich London SE8 3BU 31 March 2025 Page 5 **Christ Apostolic Church(CAC)House of Prayer Statement of Financial Activities** ## **for the year ended 31 March 2025** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Other
5
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net income**
8
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
199,196
-|**Total funds**
**2025**
**£**
199,196
-|**Total funds**
**2024**
**£**
259,130
43,315| |---|---|---|---| ||199,196
2,438
187,231|199,196
2,438
187,231|302,445
3,827
276,524| ||189,669
-|189,669
-|280,351
-| ||9,527
-|9,527
-|22,094
-| ||9,527|9,527|22,094| ||9,527
140,060|9,527
140,060|22,094
117,966| ||149,587|149,587|140,060| Page 6 **Christ Apostolic Church(CAC)House of Prayer Summary Income and Expenditure Account** ## **for the year ended 31 March 2025** |Income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2025**
**£**
199,196
199,196
178,258
11,411
189,669
9,527
9,527|**2024**
**£**
302,444| |---|---|---| |||302,444| |||265,135
15,215| |||280,350| |||22,094| |||22,094| Page 7 **Christ Apostolic Church(CAC)House of Prayer Balance Sheet** ## **at 31 March 2025** |**Charity No.**
**SC041016**
**Notes**
**2025**
**£**
**Fixed assets**
Tangible assets
10
34,233
34,233
**Current assets**
Cash at bank and in hand
115,354
115,354
**Creditors:**Amount falling due within one year
11
-
**Net current assets**
115,354
**Total assets less current liabilities**
149,587
**Net assets excluding pension asset or liability**
149,587
**Total net assets**
149,587
**The funds of the charity**
**Restricted funds**
12
**Unrestricted funds**
12
General funds
149,587
149,587
**Reserves**
12
**Total funds**
149,587|**2024**
**£**
45,644| |---|---| ||45,644
96,061| ||96,061
(1,645)| ||94,416
140,060| ||140,060| ||140,060| ||140,060| ||140,060| ||140,060| The trustees have prepared the accounts in accordance with section 44 of the Charities and Trustee Investment (Scotland) Act. Approved by the board on 31 March 2025 And signed on its behalf by: Page 8 **Christ Apostolic Church(CAC)House of Prayer Statement of Cash flows for the year ended 31 March 2025** |**Cash flows from operating activities**
**Net income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Decrease in trade and other payables
**Net cash provided by/(used in) operating activities**
**Net cash used in investing activities**
**Net cash from financing activities**
**Net increase/(decrease) in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2025**
**£**
9,527
11,411
(3,290)
17,648
-
-
17,648
96,061
113,709
115,354
115,354|**2024**
**£**
22,094
15,215
(1,202)| |---|---|---| |||(7,208)| |||(12,751)| |||| |||-| |||| |||(19,959)| |||-| |||(19,959)| |||| |||96,061| |||| |||96,061| Page 9 **Christ Apostolic Church(CAC)House of Prayer Notes to the Accounts** ## **for the year ended 31 March 2025** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** |**Fund accounting**|| |---|---| |Unrestricted funds|These are available for use at the discretion of the trustees in furtherance of the| ||general objects of the charity.| |Designated funds|These are unrestricted funds earmarked by the trustees for particular purposes.| |Revaluation funds|These are unrestricted funds which include a revaluation reserve representing the| ||restatement of investment assets at their market values.| |Restricted funds|These are available for use subject to restrictions imposed by the donor or through| ||terms of an appeal.| |**Income**|| |Recognition of|Income is included in the Statement of Financial Activities (SoFA) when the charity| |income|becomes entitled to, and virtually certain to receive, the income and the amount of| ||the income can be measured with sufficient reliability.| |Income with related|Where income has related expenditure the income and related expenditure is| |expenditure|reported gross in the SoFA.| |Donations and|Voluntary income received by way of grants, donations and gifts is included in the| |legacies|the SoFA when receivable and only when the Charity has unconditional| ||entitlement to the income.| |Tax reclaims on|Income from tax reclaims is included in the SoFA at the same time as the| |donations and gifts|gift/donation to which it relates.| |Donated services|These are only included in income (with an equivalent amount in expenditure)| |and facilities|where the benefit to the Charity is reasonably quantifiable, measurable and| ||material.| |Volunteer help|The value of any volunteer help received is not included in the accounts.| |Investment income|This is included in the accounts when receivable.| |Gains/(losses) on|This includes any gain or loss resulting from revaluing investments to market value| |revaluation of fixed|at the end of the year.| |assets|| |Gains/(losses) on|This includes any gain or loss on the sale of investments.| |investment assets|| Page 10 **Christ Apostolic Church(CAC)House of Prayer Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. - Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: |useful life:|| |---|---| |Plant and machinery|25% Reducing Balance| |Fixtures, fittings and
equipment|25% Reducing Balance| ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **Trade and other debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Page 11 **Christ Apostolic Church(CAC)House of Prayer Notes to the Accounts** ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for nay trade discounts due. ## **Research and development** Expenditure on research and development is written off in the year in which it is incurred. ## **Foreign currencies** Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. ## **Leased assets** Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. ## 2 **Charitable status** The Charity is a Scottish Charitable Incorporated Organisation (SCIO), governed by a constitution. Page 12 **Christ Apostolic Church(CAC)House of Prayer Notes to the Accounts** ## 3 **Statement of Financial Activities - prior year** |3
**Statement of Financial Activities - prior year**|||| |---|---|---|---| |**Income and endowments from:**
Donations and legacies
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
4
**Income from donations and legacies**
Donations
5
**Other income**
Grant|**Unrestricted**
**£**
199,196
199,196|**Unrestricted**
**funds**
**2024**
**£**
259,129
43,315
302,444
3,827
276,523
280,350
22,094
22,094
22,094
117,966
140,060
**Total**
**2025**
**£**
199,196
199,196
**Total**
**2025**
**£**
-
-|**Total funds**
**2024**
**£**
259,129
43,315| ||||302,444
3,827
276,523| ||||280,350| ||||22,094| ||||22,094| ||||22,094
117,966| ||||140,060| ||||**Total**
**2024**
**£**
259,130| ||||259,130| ||||**Total**
**2024**
**£**
43,315| ||||43,315| Page 13 **Christ Apostolic Church(CAC)House of Prayer Notes to the Accounts** ## 6 **Expenditure on charitable activities** |_Expenditure on charitable_
_activities_
Donations to other charity
_Governance costs_
7
**Other expenditure**
Headquarter Dues
Miscellaneous/Gifts
Conference/Seminar
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
8
**Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets|**Unrestricted**
**£**
2,438
2,438
**Unrestricted**
**£**
-
3,846
2,569
135,263
4,652
16,315
11,411
10,108
3,067
187,231
**2025**
**£**
11,411|**Total**
**2025**
**£**
2,438
2,438
**Total**
**2025**
**£**
-
3,846
2,569
135,263
4,652
16,315
11,411
10,108
3,067
187,231|**Total**
**2024**
**£**
3,827| |---|---|---|---| ||||3,827| ||||**Total**
**2024**
**£**
3,804
4,912
-
229,759
1,946
10,487
15,215
8,252
2,149| ||||276,524| ||||**2024**
**£**
15,215| Page 14 **Christ Apostolic Church(CAC)House of Prayer Notes to the Accounts** |9|**Staff costs**|||||| |---|---|---|---|---|---|---| |||||**2025**||**2024**| ||Salaries and wages|||120,654||211,735| ||Social security costs|||12,422||15,425| ||Pension costs|||264||204| |||||133,340||227,364| ||No employee received emoluments in excess of £60,000.|||||| ||The average monthly number of full time equivalent employees|||during the year|was as follows:|| |||||**2025**||**2024**| |||||**Number**||**Number**| ||Mission/Evangelism|||5||6| ||Adminstrative|||1||1| ||Music|||2||3| ||Youth Ministry|||6||7| ||Children Ministry|||4||5| |||||18||22| |10|**Tangible fixed assets**|||||| |||**Plant and**
**machinery**|||**Fixtures,**
**fittings and**
**equipment**|**Total**| ||||**£**|**£**|**£**|**£**| ||**Cost or revaluation**|||||| ||At 1 April 2024|12,418||56,066|3,790|72,274| ||At 31 March 2025|12,418||56,066|3,790|72,274| ||**Depreciation and**|||||| ||**impairment**|||||| ||At 1 April 2024|9,600||14,017|3,013|26,630| ||Depreciation charge for the|705||10,512|194|11,411| ||year|||||| ||At 31 March 2025|10,305||24,529|3,207|38,041| ||**Net book values**|||||| ||At 31 March 2025|2,113||31,537|583|34,233| ||At 31 March 2024|2,818||42,049|777|45,644| |11|**Creditors:**|||||| ||amounts falling due within one year|||||| |||||**2025**||**2024**| |||||**£**||**£**| ||Other creditors|||-||1,645| |||||-||1,645| Page 15 **Christ Apostolic Church(CAC)House of Prayer Notes to the Accounts** ## 12 **Movement in funds** ||**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
199,196
199,196|**Resources**
**expended**
**£**
(189,669)
(189,669)
**Unrestricted**
**funds**
**£**
2,113
115,354
117,467
**At 1 April**
**2024**
**£**|**Gross**
**transfers**
**£**
-
-
**Restricted**
**funds**
**£**
32,120
-
32,120
**Cash flows**
**£**|**At 31**
**March**
**2025**
**£**
149,587| |---|---|---|---|---| |||||149,587| |||||**Total**
**£**
34,233
115,354| |||||149,587| |||||**At 31**
**March**
**2025**
**£**| |||96,061|19,293|115,354| |||96,061
96,061|19,293
19,293|115,354| |||||115,354| |||||| |15 **Commitments**
**_Operating lease commitments_**
Annual commitments under non-cancellable operating leases
**2025**
**Land and**
**buildings**
**£**
Operating leases with expiry date:
**_Pension commitments_**
The pension cost charge to the company
amounted to:||are as follows:
**2025**
**Other**
**£**
**2025**
**£**
264|**2024**
**Land and**
**buildings**
**£**|**2024**
**Other**
**£**
**2024**
**£**
204| Page 16 **Christ Apostolic Church(CAC)House of Prayer Detailed Statement of Financial Activities** ## **for the year ended 31 March 2025** |**Income and endowments from:**
Donations and legacies
Donations
Other
Grant
**Total income and endowments**
**Expenditure on:**
Charitable activities
Donations to other charity
**Total of expenditure on charitable**
**activities**
Other expenditure
Headquarter Dues
Miscellaneous/Gifts
Conference/Seminar
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff entertainment
Staff recruitment
Motor and travel costs
Vehicles - General costs
Travel and subsistence
Premises costs
Rent
Rates
Light, heat and power
Premises cleaning
Premises repairs and
maintenance|**Unrestricted**
**funds**
**2025**
**£**
199,196
199,196
-
-
199,196
2,438
2,438
2,438
-
3,846
2,569
6,415
120,654
12,422
264
-
1,923
135,263
415
4,237
4,652
6,420
5,116
276
1,493
3,010
16,315|**Total funds**
**2025**
**£**
199,196
199,196
-
-
199,196
2,438
2,438
2,438
-
3,846
2,569
6,415
120,654
12,422
264
-
1,923
135,263
415
4,237
4,652
6,420
5,116
276
1,493
3,010
16,315|**Total funds**
**2024**
**£**
259,130| |---|---|---|---| ||||259,130| ||||43,315| ||||43,315| ||||302,445
3,827| ||||3,827| ||||3,827
3,804
4,912
-| ||||8,716| ||||211,735
15,425
204
200
2,195| ||||229,759| ||||-
1,946| ||||1,946| ||||8,720
726
309
-
732| ||||10,487| Page 17 **Christ Apostolic Church(CAC)House of Prayer Detailed Statement of Financial Activities** General administrative costs, |including depreciation and
amortisation
Depreciation of Plant and
machinery
Depreciation of
Depreciation of Fixtures, fittings
and equipment
Equipment repairs and
maintenance
General insurances
Honorarium
Hotel Accommodation
Stationery and printing
Subscriptions
Church Administration expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|705
10,512
194
-
764
2,730
337
75
-
3,238
2,964
21,519
950
1,796
321
3,067
187,231
189,669
-
9,527
9,527
-
9,527
140,060
149,587|705
10,512
194
-
764
2,730
337
75
-
3,238
2,964
21,519
950
1,796
321
3,067
187,231
189,669
-
9,527
9,527
-
9,527
140,060
149,587|939
14,017
259
40
953
600
2,175
67
390
2,644
1,383| |---|---|---|---| ||||23,467| ||||250
-
1,899| ||||2,149| ||||| ||||276,524| ||||280,351
-| ||||22,094| ||||22,094
-| ||||22,094| ||||117,966| ||||140,060| Page 18