INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD CHARITY NUMBER: 1050593 REPORT AND ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD REPORT AND ACCOUNTS -31 MARCH 2025 CONTENTS PAGE 12 TRUSTEES' ANNUAL REPORT AND STATEMENT OF RESPONSIBILITIES 3 INDEPENDENT EXAMINER REPORT 4 CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT CONSOLIDATED BALANCE SHEET 6 MAIN ACCOUNTS-BIRMINGHAM BRANCH ACCOUNT 7 LONDON BRANCH INCOME AND EXPENDITURE ACCOUNT 8_10 NOTES TO THE ACCOUNTS INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD TRUSTEE REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 The Trustee present their third Annual Report and the independent examined accounts of the International First Born Church of The Living God for the year ended 31 March 2025 The accounts are set out on pages 4 to 8 Background and Principal Activities International First Born Church of the Living God has been operating for a number of years but only achieved a charity status on 14 September 1995. The Church's principal activities are those of the propagation of the christian gospel according to the doctrine and teaching of the International First Born Church Of The Living God ,enhancing the work and activities in so far as the said object is charitable to the law of England The Trustees who served the Church during the period were: Bishop Stanford Fairin (Rev.) Adassa Clarke (Rev.) Monica Stuart (Rev.) Norman Comrie (Rev.) Lurline Morgan Statement of Trustees' Responsibilities Charity Law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Church and of the Income and Expenditure for that period In preparing the accounts, the trustees are required to: Select suitable accounting policies and then apply them consistently; Make judgements and estimates that are reasonable and prudent; Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Church will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Church and to enable them to ensure that the financial statements comply with charity law. They are also responsible for safeguarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. TRUSTEE REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (Continued) Independent Examiner The trustees recommend that Yevs & Co remain in office until further notice. The above report was approved by the Trustees on../ 9t ....March 2026 and was signed on its behalf by: Come .. Maxine Comrie----Secreatary/Treasurer. Kathleen Hunter. INDEPENDENT EXAMINERS' REPORT TO THE MEMBERS OF INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD I report on the financial statements on pages 4 to 10 which have been prepared under the historical cost convention and in accordance with the accounting policies set out on page 9 Respectives Responsibilities of the Trustees and Auditors: As described on pages 1 and 2, the Church Trustees are responsible for the preparation of the financial statements.It is my responsibility to state, on the basis of procedures secified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act,whether particular matters have come to my attention. Basis of Opinion 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 charity 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 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 41 of the Act;and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act. have not been met: or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Smethwick, 2) Yevs & Co Accountants 19/3 2026 INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD CONSOLIDATED INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Income Donations & Offerings Other Income Notes 2025 98,311 25,902 124,213 Overheads Administrative Expenses Operating (Deficit)/Surplus Bank interest received -94,903 29,310 187 Net (Deficit)/Surplus for the year 29,497 2024 89,992.00 89,992.00 -127759.00 -37,767.00 150.00 -37,617.00 CONSOLIDATED BALANCE SHEET AT 31 MARCH 2025 2025 € 2024 Fixed Assets Tangible Assets Current Assets Cash at bank & in hand. Debtor Creditors: Amount falling due within one year. Net Current Assets(Liabilities) Total Assets less current liabilities Notes 4 175,002 6 165,018 7200 172,218 950 140699 950 171,268 346,270 Creditors: Amount falling due after one year Net Assets 346,270 Financed by : Accumulated Funds 5 346,270 The accounts have been prepared in accordance with the special provisions of the Charity Act 1993. The accounts were approved by the Board of Trustees on 19? March, 2026 and were signed on its behalf by: Maxine Comrie( Treasurer/Secretary )..M: Can BishopS. Fairin Trustee 5 2смм Rev. Adassa Clarke( Trustee )... Lorra The notes on pages 9 --- 10 form an integral part of the accounts 5 176,072 139,749 315,821 315,821 315,821 INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD BIRMINGHAM BRANCH INCOME & EXPENDITURE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Income Collection, Offering & Donation Other Income Expenditure Food Telephone Rent, Rates & Water Light & Heat Motor & Travelling Expenses Printing, Postage & Stationery Repairs & Maintenance Motor insurance Building repairs Building insurance Bank charges & interest Professional charges Donation (Love Offering) Laundry & cleaning General expenses Health Cost Subscription Media & Music Minister Fees Depreciation 2025 € 79,309.00 25,902.00 0 1021 3445 38774 3161 150 4347 2452 9000 2185 396 950 1300 978 1649 0 1854 2321 0 3981 77964.00 Net Surplus/(Deficit) for the year 6 2024 € 105211.00 1345 870 5161 29478 2899 370 46570 847 0 2134 380 950 2500 749 871 270 2200 5000 90 7918 110602.00 77964.00 27247.00 74,118.00 0.00 74,118.00 110602.00 -36484.00 INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD LONDON BRANCH INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 2025 € Income Collection ,Offering & Donation Interest received Expenditure Water rates & rent Motoring and Travelling expense Food and Funeral expenses Donation (Love Offering) Building Project Fund Media Cost Sundry expense Convention Expense Bank charges 7155 307 100 1100 6270 400 1500 100 7 16,939.00 Net Surplus /(Deficit )for the year € 2024 19002.00 187.00 19189.00 5623 275 0 6270 0 2389 2600 17,157.00 16939.00 2250.00 15874.00 150.00 16024.00 17157.00 -1133.00 INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD NOTES TO THE ACCOUNTS FOR THE ENDED 31 MARCH,2025 1 Accounting Policies a) b) c) Basis of Accounting The accounts of the Church are prepared under the historical cost convention and are in accordance with applicable accounting standards. The trustees consider that an income and expenditure account is the most appropriate form for reporting its operations, and it has been made to enable the accounts to show a true and fair view. Basis of Consolidation The consolidation accounts incorporate the accounts of the following branches Birmingham Branch(Main Account) London Branch The accounts of each of the above branch of the Church are also presented, set out on pages 6 to 8 Fixed Assets and Depreciation Depreciation is provided at the straight line method using this annual rates ..15%(Straight line method) .25%( Straight line method) d) 2 Furniture and Fittings.. Motor vehicle... Cash Flow Statement The Church organisation has taken advantage of the exemptions in financial reporting standard 1 from the requirement to produce a cash flow statement on the grounds that it is a small organisation. Taxation There are no UK Corporation Tax Liability as the Church has a Charitable status. 8 3 INTERNATIONAL FIRST BORN CHURCH OF THE LIVING GOD NOTES TO THE ACCOUNTS FOR THE ENDED 31 MARCH,2025 (Continued) Management & Administration of the Charity 2025 Rent, Rates and Water Lighting and Heating Motoring and Travelling Expenses Printing and Stationery Repairs and Maintenance Building Project Telephone & Postage Donations(Love Offering) Building repairs Foods, Funeral & Flower Cost Motor Insurance Professional Charges Health Cost Laundry and Cleaning Building Insurance Bank Charges &Interest General expenses Subscription Media &MusIc Minister Fee Media Cost Convention Expense Depreciation 0 2185 0 9 2024 10784 6270 870 2500 0 0 127759 4 5 TANGIBLE FIXED ASSETS CHURCH LAND & BUILDING COST At 01/04/24 Additions At 31/03/25 DEPRECIATION At 01/04/24 Charge for the yea At 31/03/25 NET BOOK VALUE At 01/04/24 At 31/03/25 175,000 175,000 0 0 175,000 175,000 FUNDS/ACCUMULATED RESERVES FURNITURE & FITTINGS 52,783 2,911 55,694 51,712 3,981 55,693 1,071 1 MOTOR VEHICLE 32,853 0 32,853 32,852 0 32,852 1 1 TOTAL 260,636 2,911 263,547 84,564 3,981 88,545 176,072 175,002 6 Opening Bal b/fwd--01/04/24 Prior year Adjustments Surplus/(Deficit) Closing Bal c/fwd--31/03/2025 CREDITORS:AMOUNT FALLING DUE WITHIN ONE YEAR 31/03/2025 315,821 952 29,497 346,270 31/03/2024 351,456 1982 -37,617 315,821 Trade creditors 31/03/2025 950 950 31/03/2024 950 950 10