Charity number: 1022567 God's Church of Peace Trustees, Report & Financial Statements 31 December 2024 API Partnership Ltd TIA Chandler & Georges Chartered Accountants & Registered Auditors 75 Westow Hill Crystal Pala London SE19 1TX Tel.. 020 87612213 Fax: 020 8670 9148 ca.co.uk God's Chureh of P•a¢• for the year ondod 31 D¢¢ern￿r 2024 Contents Cherfty knformauon Trusl8•8' R•pJrt 10 B•larKe 8ha8t *• 12-15 God's Chureh of for the year ended 31 Dec4rnber 2024 Charfty Inforn￿lIon Mrs M Y Mr E K Abba-Fynn Mr V K Anlng Capt. C D l Daramanu Ms Mirlam Quansah Mr S Oppong Prfnclpal addrn 24 Manor C3ro¥e Peckham London SE15 1SX Bank•ffs Lloyds TSB Wilk%den I HSBC 184 High Street Bromley 8R1 1HE Repordng accountants API Partnwship Ltd TIA Ch￿J19T & G8ryyes Chartered Ac(>Juntants 75 west￿ Hdl Crystal Palace London SE19 1TX Charlty numl 1022567 Dats of roglstrallon 17 Aprd 1992 HM R•v•nu• & CustoTrM rnferen XT18273 God's Church of P•a¢o for the year onded 31 Dec¢m￿r 2024 TnwtO88' Roport contd. Tho trustées pr￿Tht thalr report w6th the ftnanryal slatemonts of the charlty for the year ended 31 December 2024. PRINCIPAL ACTivrrY The prinThpal aGtivlty r6main8 the advan¢om¢nl ol Chri$U•nlty and ts Pentecostal Churth. Alm• •nd Purpo• It18 the r•8pon8lblllty ol lh• Board ol TN8t••s In London IBTLI to tr￿P prophetess Th•r8w The Leader •nd Foundèr. In promolÉng the pastoral, wang•ll8t&c, 8oclal and 4eum•nl¢81 wort of the Chur¢h. Th8 8TL atso malntslns the thurch bulldlng and f4Ctory at Chrfjt the Chap•l. 2 - 8 Manor Grove, London SE15 1SX. Oblè¢tl¥M and A¢tl¥lll•• Tho prlme obl•cthi ol th• BTL h to g•t 48 m4ny paopie 4¥ lo wor#hlp at th• Church. BTL •lso 5￿kS to 981 many pgoplo to becom8 membaro of God'8 Church of Peac$ Intematlonal. To th1$ •nd we ad￿80 the Clergy M ways lo Improvo thelr pèrfonnanee and abo Ilal$o wlth vadous groups In the Church to mako con1dbu￿ons towards tho Church'8 Improvement. For In8tance, the BTL mak98 sur• tho1 Ihè Churth B*nd hao tho equlpment and pr8onn•l to provlde good mu* durfng ¢hur¢h 8ervlc•¥. In worklng tOW4rd8 our Objecti￿8, the BTL Is guid•d by the Charty Comml88lon'8 guidan¢o on publlc ben•fll, and morn $p8clfi￿1Iy. the guldan¢o on ¢harflles for the ailvancfjfflenl of rellglon. All our athltl•J arn geared towards h•lplng the ordlnary man or woman to pul h18 or her Chtl8ilan falth Into pra¢llco. Bulldlng l••uM Ind R•yl 1 A bulldlng o)ndltlon 8urv8y18 undart8k8n a15*ear Inlep4818 by • qu#llft•d 8uNayor. Th18 W88 &)ne In September2024 2 Gas applkqnces and portablo eWk•l appllan¢•s are t•sted by qu•lffl•J ￿raQnnel annualty In Decgmber 2024 3 The malns ¢I￿trI￿1 Insl¥llatlon wa8 theck•d by a quallfie(l engineer In Decembor2024. 4 Thè Fire Safety Risk Asses8m&nt was updated ag fequired by law. Mr Forreslar Buaben way appolnled Flrfj Servlc• Officer. He VAII ￿ad volunteers from lh$ church to c*ry out regular malnlenanee ch•cks. God's Church of Poaco for the yoar ended 31 Docqmber 2024 Trustses, Report contd. Th• followlng rnpalrn wlll b• undertaken: 1 To refrJrtit8h the rectory to generate more Income for thè church through lettlng by estats agents. 2 To relurt)Ish the mlddle h811 and make11 avalknbl• for pdvate fvnctv)ns including chlldren'8 PÈrtle8, wedd5ng rKeptions, christening$, funwal. and other soual funclh7n$. 3 The 91￿ h•ll bè r¢furbl¥hed and ￿ffled Into a Sundw school for the chlldren. Chur¢h 8•rvk•¥ and Pr•y•r mffitlng• The ChU￿h services and prayer meelSngg are no more affecled by the COVID p￿deM￿. Th• m•mber8 of the congregatlon have resumed altendlng ¢hur¢h seNlces, and prayer meetlng8. In the thurch bulkllng. H•rvut We ar• back lo havlng hamsts a y•ar. Thè first ham81 was held In May 2024, and the maln haNè$I VAS In Novembèr 2024. On¢ maln advantag& of the ZoomlU-Tube meetlngs Is that mgmbèr8 hav• now ma8l&red the art of paylng for the harvest 8ales and even Ihalr due$ and 11th08 through 81thnk m￿nI. The Churth g8t8 Its Ineome by cash, chaqI￿. and bank tran$f•rs. Ind Off•rlng Th8 congregallon worè encourwd lo make contrfbutlons onllne. Dues. d¢)nallons, and offerlng wero I dir•¢ty by th• ¢ongregaUon to lh• ¢hur¢h'$ bank aGGounts. Kofi and Amma Mombers also gfvg donallons to thg church In *e¢ordance ￿th lh• day In whkh they ￿re born 1.8. Sunday. Monday. Tuesday elc. Thesè evenli are hehj at rir$l w••k of every month and they •r• kntylm a8 and Amma. The￿ oven18 h•b to r4lw 8ubsthntlal •mounts overy moth for tho ¢hurch. A¢hl•v•m•nts and p•rfornwn¢• The Y¢)uth Minlsty. Th¢ London Youth Ministy has been relU￿n•t•d •ftfjr the panilemi¢. Thay Ih•lr meellng8 onllne and In the ¢hurch bulldlng. Through hafd wo)* and Bheer Ingenulty, they were able to a¢hleve th¢lr prfmary pu￿088 of the ￿nb4￿n9 Ihe In¢hdent• of knlle and gun crfm•• in London. Partlclpants In of th• youth mlnlsty have found them lo bg vory rewarding. Chlldren and teenagers Invoknl have built frtendshlps and lound 8UPPOrt through youth mlnlsty. They ha developed tdeas lor the youth In the ChU￿h by locuslng on a ￿MbIna￿on of blble 51udy, ••Thka. funlsocial activiti￿. Tho 1gad•rshlp of the church. on¢9 agaln, commènded the youlh of th& London branch for helplng to ral80 the awarene88 01 the deslrLtdvo effects of kn(fo and gun uime8. God's Church of Poace for the yoar endod 31 D•c•mber 2024 Trusteu. Report ￿ntd. Bthle Study: A core part of the yY)uth ministy bibk sw. Pre￿ling reh3KJu5 *59)ns th a way that is vrteresting and apFeabng to youth 15 a main fcrfxts for Church Wer5. ctthsing a topiG for a bible sbjdy sesthn, the ¢lergy thinks ofways tr* appty the ksson lo the thiklren are ￿trenty dealing V*ith. . parents. friMd$. peer pressure. knife and gun Crn￿. Dep￿￿ling on tM age of the group, top￿ Ike Day or overn￿1 retreats have been org8ni8•J to t)ppothni169s tr strerythenirwJ Ihe youth mlntsty group. The retreats PrO￿￿e￿ OPWniti8s for SW, servKe. and Miteraction. Fortho bm&teing retreats have be8n confined to the church wemises. There are many retreat centres across the County th81 host groups and can taibx aclrlitw tr Serv￿ c* team Scrfne ideas for fuiure retreats inclujr￿¥, Ihore are 3 0th8r halls on the ground lknjr. Plans ore in thg pipe4ne to d8￿knp these halts to meet the struigent health and safety requ*ements whkth 8nable us lo hye them (Art to pubfj ble h) Gh*a The Church undertakes varlous d)arrfth r￿￿Niti.8S in Gh The chu￿ urwjertakes varbJB d￿Vilable re¥hJnsbli ths in Unled aThJ Ghana. We ho*J seasonal soupkrt¢hen for the whbouiing o)mmunities. We aLso prepare hot meals for the homeless The Church has 4 brnrKhes in Gh¥4 n*rttrrf. Kumasi Cape Coast Tema.8190 i) ¢wMda and the United State of AmerKa. for more than 20 years. Thwe is alw a Healh Centre in paxa. Hospital. A￿a, Ridge Hosthl kn. Mèntsl HcW*. Actra. Mèntal Hospital. Ankafvl, and Okomlo Anokye Teaching HoswW, Kumasl. We send itwns Ike bknkets. and provfyorts to the warlous In Ghana. Gtsls Church of Peac* is a ofthe chrfs1l￿ of Ghana. We akn ha¥8 good worklng r8blknSh￿ with the Churth of England. 8eiween 1984 and 1992 * used to shaffj the Mayfimr Chutch ￿th the ChLYch of England. We mo¥&1 to c￿r present prnmw in 1992. However, w8 have maintsined cordlaf 7hthing rektNmships wilh the Church of Eryland. We teamed up wilh them to fomi thè Leaguo of Chiithn M￿SKTh kn 1988. Thls pr*¢t has ¥artrw$ ￿9￿•sa￿onS InsItutt￿ In Ghan& Golfs Church of Peace for the year onded 31 December 2024 Tnwtees, Report contd. FIMncl•l Rovlew Other Income: Rentsl inc(xne- £4321XI Inv6sth)ent iM)mè- £168 £114.738 was spent from un{estr￿* funds to n￿ntain the church. house the ckrgy and make Mi￿￿)n The net ￿Ul1 for the yearwas a s￿pkn of£4.814. structure and Managem•nt Mrv K Aning Mr E K Abba-Fynn Ms M Quan5ah Mrs M Owjsu Yaw Mr S Oppong Tru*e& Trustee Trusw I (*4. Chaman) Tru5ts8 The 8TL membets a￿ reSpts￿b￿ for mthng decisions on an mattets of general o)ncwn and Gods Church of Peace for the year ended 31 December 2024 Tnwtees. Report ￿ntd. STATEMEMT OF TrUSTEES' RESPONSIBILMES Charfty faw requtres the trustees to prepare finanda stslements for exh finarKkng1 year 7•thtth give a true and fair vuw of the state of affairs of the Charity and of tho surplus or deficit of the Charity for that perwjd. In preparing those financAal statsments. the INstses are required to - s*ct suitable accLJunting poliaes and then appty them consistanltr. - makejudgements and eslmates that are reasonable and prudent - prepare the finoncial statements on the going ¢oncem basls unl8SS it is inappropriate to presume that tho tharity wlll conlnuo In 0￿ratIOn. - consider that thè audf( roquiremenl of section 144 {21 of the Chariti￿ Act 2011 dces not appty. The trusté85 are respon$ibl8 for keeping proper ac¢ounbng records which disclose ¥￿th reasonablè accuraty al any timé the finanual ￿sitIon of the charity and to enable them lo ensure that the financlal statements Comp￿ wlth the Charlbes Act 2011. They are also responslble for safeguardlng the assets ol the charfty and hen￿ for taklng reasonable steps for the prevention and detection of ftaud and other irragularilies. ACCOUNTANTS The h£countants. API Partn&ship Ltd TIA Chaftd￿r & Georges, will be proposed for re8ppdntrnenL ON BEHALF OF THE BOARD OF TRUSTEES: Trusts• .1<. ANif4Q ILllo31) Trustse t.iL' 24103126 Tru8t•• Oated: ?Li i 0812 Tru8t•• 2910811& God's Church of Peace for the year ended 31 December 2024 Independent Examlners, Report to the Tn*tse• I roport to the trustees on my gxominatton of the accounts of Ihe G￿],* Church of Poace for lh8 yoar end•d 31 Decèmbw 2024. vthich am set oulon pages 10 to 15. R￿pOnSIbIlItI￿$ and ba•b of roport the charity tru$ta8s you are raspon8lbl• for the preparauon of the a¢￿Unty In accord8nce tha rlqulrements of the Charflles Act 20111'the Acri. I report In respect of my •xamln8Uon ol the Chadty accounts carried out ¢Jnder 8ectlon 145 of the 2011 Act and In carying out my examlnaoon I have followad all tht appllcable DIr￿tiOnS gfven by the Chath COMMI￿lOn und•r 8•¢tton 14515llb} of tho 2011 A¢t. Ind•p8nd•nt Eximln•f• Statem•nl I have Mmplohd my examlnavon. l Confimi that no mgledol motters have come lo my Attenlon In conn•ction ￿ th• •xamln*tlon gmng me c•u8& to bel￿8 that In any materlal respe¢t 1 acmunllng records ￿re not kept In respect of th¢ charfty as r8qutrfjd by iectlon 130 of the *d,' 2 th• act￿unts do not aets)rd wlh th0￿ r•tsJrd8', or ++ 3 tho a￿AlUnts do not ¢omply wlth the appllcable r•quIreM￿lS Goncernlng th• lorm and content of the accounts set out in the Chartties (Ac¢ounl$ and R￿p￿ts1 RegulaUon8 2008 other than any requirfjrnents that th• accounts gfv• • tru• and falrf vlvw whkh 18 not a matter consk1•r￿ •0 part ol an I hav• no cOn￿m8 and have coma a￿088 no other matt•rd In conn8Ctlon vAth the examln4tk*n to whlch attentbn should bè ¢Jravm In th18 report In order to •n8ble a proper understsndlNJ of tha accounts lo be reached. Achlll•a• 8otlrlou CFCA API Partn•r•hlp Llmlt•d TIA Chandl•r & Q•org•• 76 Westow HI London SE19 1TX 4108116 God's Chur¢h of P¢0 Profft and Loss Account for the yoar onded 31 Doe￿nber 2024 2024 2023 Incomo from OfferfrwJ8, Hapmts and Donatio 76,184 55,416 Oiher kncome 43,388 38.139 Totsl Incom• 119,S52 91.555 Exp•n• Mlsslon Donatlon8 Employee cos18 Pr8mls&8 Cost• G8n•r81 admlnlslrthe expon￿8 Travel •nd ¥ubsl$t•n¢o Legal and professional ¢08ts Inlar•81 FInan￿ tharges Dgpreciatltsn and lomllprofftl on 141• Totsl •xyndod 12,827 29,815 36,478 11,618 3,689 13,128 18 167 14,523 25.113 34,955 10.157 2,903 14,381 201 7,594 109,827 114738 N•t Id•fi¢ll)l•urplu• 10 6•tsChyvth•lP•K• ¥1$3 94JJ) IW013 21.421 241 iyj V,k.￿￿1fvF6 God's Church ol Peace Notes to the Account• for the year endod 31 De¢•mb•r 2024 1 A¢￿Und￿po1k1•* The finandal Statements haN* prepared In &corfartce undw the Charlli8s Act 2011 and lli a¢<￿dan￿ with the d)u￿h ￿ts￿nting Regukttons the Finandal Raporting Standard appl￿ in United and Repubk of Iroland IFRS 1021. The fIr￿n￿￿ statements Indude all transaclions. a55ets and lth'lt*s for whhs) the Gorts Chvr¢h ol Peace h responsibb& h l•w. Thty ¢Jo not in¢ludE p£¢￿Thts of ¢hurth groups that th•lr affikn lo wcth•r body, rwtrrn• that arn Infomwl gathwlry of thurth mambarn. &Eund• Unrwtrh#ed fun¢ts ar• oewal fvrKl• can bè u8¢d for GtyJ'$ Church of pe￿ ordh pukpo•e8. R•8trtcted funds •rn to b• used 8o*to r•Jemp￿￿ of m¢xW. Planned gmng. CO1￿ don•kn$ •m rècrynbmd r•c¢Ntrtl. Intérn8t h •ccru•d and all other Inc¢xn• IJ recognL*ed grcAs It bs ret*pMbl&. G6ft ald 18x refunds •r• re¢ognls4d th• In¢omlr¥a resou￿ lo whkh tw relate Is r•e•W arKI daim8 are pproprL*tsty 8pprtr¥ed by HM and Cu$tom¥. Donakns are aCC￿nted for pald oY4r. All other exp8noltrJr• Is pnerdlty rwnlsed when it In￿rIed WKI Li accounted lor gross. Al admlnthtion costs are degmgd to •uppDrt D•pr•dalkin has b•en wo¥ld•d at the folh7*IrwJ ral•s In ordw b)*T*e off th• •sMts ov•rthdr esttmated useful live¥. Plant and m•chlnery Motor vthk Frnehold pwopety 25% R•thxkng t•L•nc• 25% R•ducing 2% Strawt Ikn• 2 8taff Co•t• 2024 2023 Wages aThl salarl•s Emthee coslg. Pengh)n8 29.867 26.ofyj 113 12 God's Church of Peace Note• to the Accounts lor the yoar onded 31 D•wnbor 2024 3 Tanglblo faod *•Mts Plant and Fmohold Tolal v•hlcl• Co•t At 1 J•nu•ry2024 At 31 Lknmber 21Y24 29.470 29.470 28.721 28.721 337,265 337.285 395.456 D•prnel•tlon At 1 janu￿ 2024 Charge for s At 31 Decaffl￿r 2024 28.018 175 109,606 7,198 277 6.746 27. N•t book valu• At 31 Dacgfflbw 2024 At 31 Dec￿￿ 2023 528 276,$57 278 652 285.850 703 The property reknts8 kn tho Chw¢h (2.8 M•nor Gr¢N?, L¢ythn. SE15 1SXI. 4 D•btorn 2023 4.037 O U•bllltl••: Amgunt• f•lllng du• wlthkn on• ymr 2024 2023 28,898 2,278 28.430 28,187 13 God's Church of Pea¢• Not¢8 to the AGGounts for tho yoar •nded 31 D•wnb•r 2024 2024 2023 Investment property . raxt 182.685 517.315 182.885 617.315 700.000 Tr* ft•ehokJ property relates lo 8 Manor Grm. Lor#Jon. SE15 1S 7 Loan• du• 4ft•r mow• th•n 1 y 2024 2023 Mrn M Owusu Y•* Mr V KAnirvJ Mr S Oppo 2,293 2.370 2.293 2.370 2,625 7.288 14 Go