2023-10-31-accounts - Assembly Of God (King's Christian Centre)

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'I'ItL CILLllli)LINL ' II eroLII MLe Irtllill 1111

O ur Scripture for the year in 2023 was II Corinthians 5:20 “Now then we are

ambassadors for Christ, as though God did beseech you by us: we pray you in Christ’s stead, be ye reconciled to God”. The desire to be witnesses and ambassadors in our lives, individually and collectively as a congregation was a motivating factor in the life of the Church during the year ahead.

We hosted a Prophetic Witness Ministries International meeting highlighting the events currently taking place in the world in light of Bible Prophecy, had a March of Witness in Swindon Town Centre, a Barbecue in Lydiard Park with visitors invited, Water Baptism services, and a day long Polish Outreach meeting among other events.

As the days in which we are living become increasingly more spiritually dark, the Church needs to shine brighter and not be ashamed of the Gospel Message which is the answer to the problems of our society.

Tonight, I welcome everyone who joins us “on-line” for our AGM to review our Church activities and finances for the year 2023.

Our financial year begins on 1[st] November 2022 – 31[st] October 2023, so what we are reviewing this evening is ‘historic’ rather than ‘current’.

The bookkeeping and accountancy process once again worked very smoothly, thanks to Peter Osei , the Church treasurer, Sheena Green and the accountant Chris Vaughan preparing and finalising our financial figures from November 1[st] 2022 to 31[st] The administrative side of our church continues to go unseen by the majority but is sought to be always conducted in a spirit of diligence and accountability as we are called to be wise stewards over the household of God.

As a church, we don’t speak a lot about money in our services, but as I said at last year, the AGM is the one meeting in the year when we highlight our church finances, being totally transparent in giving details of our Income and Expenditure for all to see and ask questions.

Copies of the audited Financial Statement are available if you wish a copy.

Looking Back

Our late Queen Elizabeth II observed, “We all need to get the balance right between action and reflection. With so many distractions, it is easy to forget to pause and take stock”.

“It's on the strength of observation and reflection that one finds a way. So we must dig and delve unceasingly.

I want to embark on a moment of reflection and acknowledge and thank those who assisted me with ministering The Word of God in our Church during the course of 2023.

I have always felt it important to expose the Body of Christ to the Christ ascended ministries which He has given to the Church as stated in Ephesians chapter 4.

Sunday 12[th] February: Brother Joel Gaddam ministered at our morning service.
Saturday 18[th] February: Brother Alan Franklin
Sunday 19[th] February: Brother Alan Franklin
Sunday 26[th] February: Brother Joel Gaddam ministered at our morning service.
Sunday 12[th] March: Brother David Padmarajan
Sunday 2[nd] April: Brother Umera Chuckwuchebe ministered at our morning service.
Sunday 16[th] April: Brother Joel Gaddam ministered at our morning service.
Sunday 23[rd] April: Pastor Rob Baldwin ministered at our morning service.

Sunday 11[th] June: Brother Joel Gaddam ministered at our morning service.
Sunday 25[th] June: Brother Youssouf Diakite ministered at our morning service.
Sunday 9[th] July: Brother Umera Chuckwuchebe ministered at our morning service.
Sunday 23[rd] July: Pastor Rob Baldwin ministered at our morning service.
Sunday 30[th] July: Brother Youssouf Diakite ministered at our morning service.
Sunday 6[th] August: Brother Umera Chuckwuchebe ministered at our morning service.
Sunday 27[th] August: Brother Umera Chuckwuchebe ministered at our morning service.
Sunday 10[th] September Pastor David Fiddy ministered at our morning service.
Sunday 15[th] October Brother Joel Gaddam ministered at our morning service.
Sunday 5[th] November Brother Umera Chuckwuchebe ministered at our morning service.
Sunday 19[th] November Pastor Rob Baldwin ministered at our morning service.
Sunday 26[th] November Brother Youssouf Diakite ministered at our morning service.
Sunday 3[rd] December Brother Joel Gaddam ministered at our morning service.
Sunday 10[th] December Brother Umera Chuckwuchebe ministered at our morning service.

Remembering

I conducted the Memorial Service for Joanne Thomason-Hyde on Friday 13[th] January 2023 at Kingsdown Crematorium. Joanne had passed away on Friday 25[th] November 2022.

I would like to highlight some of the events that took place during the year .

21 Days Fasting & Prayer: Monday 6[th] – Sunday 26[th] January 2023
2 Saturday-Sunday 18-19[th] February: Hosted Alan Franklin from PWMI who spoke on the subject “It’s Fast Forward to the Last Days” and on the Sunday, “ The 3 Great Resets”
3 Easter Friday 7[th] April: Joint “March of Witness” into Swindon Town Centre with other churches joining us.
4 Saturday 21[st] April Spring Israel Meeting
5 Sunday 21[st] May: Church Barbecue at Lydiard Park
6 Saturday 10[th] June: All day Polish Outreach meeting
7 Saturday 24[th] June: Water Baptism Service for Svilen at his home
8 Sunday 16[th] July: Water Baptism Service for Ainura & Tomasz at The Church of . The Firstborn.
9 Sunday 3[rd] September: 75[th] Birthday Celebration lunch for Pastor Malcolm
10 Sunday 22[nd] October: Dedication Service of Temisan Ahyohmedi Ezra Mofikoya.
11 Sunday 29[th] October: 70[th] Birthday Celebration for Brother Umera at Punjabi Hall
12 Sunday 5[th] November: Gideon’s Presentation
13 Sunday 3[rd] December: Retirement Lunch for Bro & Sister Chukwuchebe
14 Sunday 10[th] December: Ordination of Three Deacons and their wives
15 Sunday 17[th] December: International Carol Service

Church Website

Our website www.aogswindon.org.uk was set up 15 years ago for us in 2008 by our brother Ben Sonoiki .

The website is updated on a weekly basis and Inspirational Bible verses are uploaded from time to time. My thanks to those who have given input by putting Items of Interest and Inspirational Bible verses onto our Church Face Book and our Church Instagram pages. It is important that those of our Church members who are active on social media, click ‘like’ and forward items of interest to their friends to boost our on-line presence and in the

meantime encourage those who are putting time and effort into keeping our on-line presence up to date.

Ben continues to excel in updating the website and Church App and I once again want to thank him for his enthusiasm, initiative and time he’s given over the past year.

Sound Desk

The new Digital Sound Desk which we purchased in 2020 has improved the quality of our audio recordings and all who are involved on the Sound Desk have learned new skills as they’ve used this new equipment.

My thanks to Ben Sonoiki for organising the Rota of young people who operate the Sound Desk every Sunday. My thanks to you all.

Sunday School

My thanks to Marion for leading the Sunday School and I want to express my gratitude to all the Sunday School teachers who continue to be committed in preparing to teach the children each Sunday, BUBBLES, SPLASH & JUNIOR YOUTH who continue to enjoy their lessons. activities. The fruit of their labours is seen when the different Sunday School Groups do their presentations at our Easter and Christmas meetings. My thanks to Joyce for co-ordinating the weekly teacher’s rota for each of the classes.

KING’S Youth

During school term, between 15-20 young people gathered on a Friday evening from 7:30-9:30pm to meet for a time of Faith, Fun and Fellowship.

I do want to thank Ben, Dayo and Aneta for their commitment in giving young people lifts to the Church and back home again and to Sheena for running the “Tuck-Shop” which the youth eagerly buy from. Thank you all for working together to run the youth meeting and for arranging special outings to Synergy events at J.D. Church, Ten Pin Bowling, Kaspa’s, and Pizza evenings from time to time. These Friday evening meetings fulfil a vital function for the young people who are facing so many challenges at school, from their peers and on social media.

Missions

We continue to donate £100.00 a month to the Holocaust Survivors Home in Haifa, Israel which is run by ICEJ.

We donate £100.00 a month to Christian Institute.

We donate £70.00 a month to Willows Counselling for the use of their parking facility. We donate £770.00 (approx. 80,000 Indian Rupees) per month toward supporting the feeding program in Mungod, Northern Karnataka, India, as well as supporting an AOG Pastor

Individuals within our Church contribute on a monthly basis by sponsoring individual

There has been an increase in the monthly donations by the Church members, as a result of the presentation which Our Brother Zeegler Fernandes gave to the Church following his visit to Pastor Samson in Mundgod in April 2023 to see first hand the situation with the Feeding Program. for the children.

Nevertheless the Church made an overall shortfall for the year of £2,036.00 This shortfall was covered by money taken from Church funds.

Willows Counselling Centre Car Parking

Eleven years have passed since we first started using this car park on a Sunday morning in October 2012. This facility continues to be a great asset to us all, especially with the parking problems in Old Town. We have continued to donate £70.00 a month to Willows throughout this past year as a good will gesture toward them to support their Charity.

Barnabas Food.Gives

During 2022/23, we responded to an appeal from Barnabus Aid to collect specific dried food to support their Food Gives Aid project in sending food to needy persecuted Christians in various parts of the world.

Marion has been doing voluntary work in the Barnabas Warehouse on a regular basis, once a

Thanks to:

I would once again like to take this opportunity to acknowledge and thank the following people who faithfully “minister” to us in so many different ways:

To everyone who considers this church to be their spiritual home.
To everyone who contributes to this fellowship, with tithes and offerings.
Most importantly, those who pray for the church and its members.
To those who assist in welcoming people at the door, in particular, Bola and Matilda
To those who manage the sound desk and ministry recording.
The worship leaders, David & Charity Irven, Andrzej & Gosia Spila, Alain Tchoyo, Emma Bloor, and Chima Chukwuchebe & Delvin Osei for playing the drums.
To all the Sunday School teachers .
Thanks to our treasurer, Peter Osie for looking after the counting and banking of the church monies and the other important duties relating to the church accounts.
To Sheena Green who prepared the Church Accounts for Chris Vaughan to audit and prepare the Financial Statement that has been presented at tonight’s meeting.
To Niyi for being the Church Council Secretary, for overseeing Church Policies and Safeguarding and for arranging the Sunday morning Rota of those participating in the meeting.
To Carol Canniegieter for processing the DBS applications.
To our church council members, Niyi Olaniyan, Peter Osei , Clive Loveday and new council member Zeegler Fernandes for their work relating to being council members and to Joel Gaddam who has joined as an observer and is considering becoming a church council member.
To Emma Bloor , Marion Macqueen and Sandra Ejike who faithfully clean the hall each week. A special thanks.
To all those who prepare eats and serve tea on Sunday.
To Aneta, Joyce and Niyi who faithfully organise various rotas.
To those involved in practical acts of Christianity.

Finances

The Financial statement which has been presented tonight was prepared by Christopher Vaughan, of Reeves & Co. Chartered Accountants in Swindon. These figures are as 31.10.2023

General Account £ 34,587.36 £ 22,335.41 33,675.59 25,836.55 13,190.38 Business Premium £ 301,222.46 £ 1,214.46 1,137.84 1,198.69 678.89 Petty Cash £ 0.00 £ 0.00 0.00 0.00 0.00 £ 335,809.82 £ 23,549.87 £ 34,813.43 £ 27,035.24 £ 13,869.27

Mortgage Details

On the 10[th] October 2023 our church received a large donation of £420,000.00 from a source wishing to remain anonymous. This donation was received by Pastor Malcolm Macqueen with great thankfulness to the Lord and expressed his thanks to the donors for their abundant generosity. May the Lord abundantly bless them for their generosity and obedience. As a result of this donation, we were in a position to pay off the outstanding amount owing on our Mortgage to Kingdom Bank of £ 132,361.21 on 18-19[th] October 2023

A letter from Garry Chulan (Head of Account Management) was received on 20[th] October 2023 confirming final payment to redeem our mortgage.

This was truly a remarkable provision from the Lord and an answer to a longtime prayer that we as a Church could be debt free. The Lord certainly abundantly answered this prayer.

Can I bring to your attention some figures on the financial statement:

Total: In Tithes & Offerings: …………………………….. £ 104,115.00 …… . £ 104,115.00 In Charitable Donation: …………………..……… £ 420,000.00 £ 524,115.00 This compares to the Total Income in 2022………………… £ 63,210.00 ….. £ 63,210.00 Income Increase of ………………………………………….. £ 460,905.00 £ 40,905.00

Total amount of monies spent through our accounts at the financial year end Increased from £64,216.00 in 2022, to £ 69,517.00 in 2023 an increase of. …. .... £ 5,301.00

(See page 5 of Year-end Financial statement)

(For the record an amount of £ 11,441.47 was received from HMRC for the Gift Aid, & GASDS, (Gift Aid Small Donations Scheme) Claim, on 1[st] September 2023 that had been submitted to them earlier in 2023.

Incoming Resources for 2022/2023 Donations & Gifts £ £524,115.00 (2022 £ 63,210.00) Expended Resources £ . 69,517.00 (2022 £ 64,216.00) Income/ Expenditure £ 454,598.00 £ 1 ,006.00

2019 2020 2021 2022 2023 Charity Donations …… £ 10,192.11 £ 14,130.00 £ 12,640.00 £ 12580.00 £ 13,898.00 Ministry Gifts ………… £ 1,210.00 £ 606.56 £ 1,590.00 £ 1,689.50 £ 1,463.00 Ministry Expenses …… £ 791.89 £ 93.44 £ 0.00 £ 70.00 £ 716.00 Missions ……………… £ 2,360.00 £ 2,480.00 £ 2,700.00 £ 2,480.00 £ 2,700.00 Total £ 14,554.00 £ 17,310.00 £ 16,930.00 £ 16,819.50 £ 18,777.00

A list of specific Charities who received donations : Charity Donations:

Willows Counselling: (12 x £70 per Month) £ 840.00
Wiltshire Air Ambulance (12 x £70 per month) £ 840.00
Indian Children £ 10,680.00
Sundry £ 1,538.00 Total £ 13,898.00 Missions:
Christian Institute: £ 100.00 x 12 £ 1,200.00
ICEJ Holocust Home: £ 100.00 x 12 £ 1,200.00 3. Evangelical Alliance £ 20.00 x 12 £ 240.00 Total £ 2,700.00

Out of our total income of £ 104,179.68 , a total of (£13,898.00 + £2,700.00) = £16,598.00 was donated to Charities and Missions. This represents 15.93% of our total income. We do desire to be a “Mission Minded” and we have over the years proved the promise in Proverbs 19:17 to be true , “He that hath pity upon the poor lendeth unto the LORD; and that which he hath given will he pay him again”.

If you require any clarification regarding any of these figures now or at any time concerning any aspect of the church finances, please feel free to speak to myself or to Peter Osei. I would like to again take this opportunity to thank everyone in the church who faithfully tithe and give addition offerings.

Church Membership

In order to satisfy Charities Commission requirements, it is necessary for us to declare how many “members” we have with an” up to date” list of their names in order to prove that the number of people we claim to have in membership can be substantiated by furnishing their names.

I appreciate that not everyone is willing to have their names printed on a church membership list that is then forwarded to a governmental department. Below is an updated list of the church members in alphabetical order:

7 new members, have been added to the Church Membership list since our last AGM in 2023. They are: Dayo Mofikoya, Deborah Tuoyo, Kelvin Ejike, Sandra Ejike, Svilen

We look forward to welcoming new members in 2024 who have been coming to the Church regularly during 2023-24.

A ldridge: Maggie
B loor: Emma
B ryniak: Piotr.

B ryniak: Aneta
B urns: Biruta.
C anniegieter: Carol
C hukwuchebe: Umera
C hukwuchebe: Uzo
C hukwuchebe: Chima
C larke: Stephen.
D iakite: Youssouf
D oubleday: Rosalind.
D ownes: Abigail
E jike: Kelvin.
E jike: Sandra.
F ernandes: John Anthony.
F ernandes: Zeegler
G addam: Esther
G addam: Joel
G reen: Sheena.
I rven: David.
I rven: Charity.
L atka: Tomasz
L obo: Benedicta
L oveday: Clive.
M acqueen: Malcolm.
M acqueen: Marion.
M eesala: Jogeswara
M eesala: Sheetal
M hlope: Mehluli
M hlope: Resistance
M ihov: Svilen Georgiev.
M ofikoya: Dayo
M onteiro: Daisy.
M wakatuma: Matilda
N osarzewska: Renata
O laniyan: Niyi.
O laniyan: Bola.
O sei: Peter.
O sei: Joyce. 41. P andian : (Thomas): Joshua 42. P ani: Mirelle.
P hin: Priscilla.
R odrigues: Elroy. 45. R ussell: Rosie. 46. R yspaeva: Ainura. 47. S mith: Elizabeth.
S tanislawski: Andrzej Adam 49. S onoiki: Ben. 50. S onoiki: Bisola. 51. S oundararajan: Allwin 52. S oundararajan: Rathi Matilda 53. S ovi: Constance.

S zczurowski: Tomasz.
T choya: Alain.
T homas: Vidhya
T uoyo: Deborah.
W hyte: David.

Church Membership at the end of October 2023 = 58 from 54 in October 2022. We welcomed 7 new people into membership during the course of 2023 Sadly during the course of 2023, one member passed away and two left the Church. On our Current Address list, of those coming regularly, we have: 65 Adults, 19 Young People, 12 Children. Total = 96

Church Council

It is important to remind the church members that the administrative and financial aspect of the church is run by the church council, comprising of myself as chairman, Peter Osei Church Treasurer, Niyi Olaniyan, as Council Secretary, Zeegler Fernandes joined during the year as a Council Member and Clive Loveday stepped down from Council Membership

Joel Gaddam was invited by Malcolm Macqueen to attend a Council meeting for him to consider whether he would like to become a Council member. I await Joel’s decision.

I want to thank Clive for his input and contribution which he made while he was a Council member.

I express my appreciation to each of the council members for their willingness to participate in the work of the council.

I want to particularly appreciate our treasurer, Peter Osei and our Secretary Niyi Olaniyan for their diligence and commitment as the roles requires they fulfil. Council membership mustn’t be seen as being for an indefinite period of time but is flexible depending on the changing pressures and responsibilities people face today.

We have an “in-person” meeting approximately every two months at the manse, usually on a Monday evening.

Ordination of Deacons

On Sunday 10[th] December, after the morning service, an Ordination Service took place when Pastor Malcolm Macqueen read from I Timothy 3:8-13 outlining the Biblical qualifications

Ben Sonoiki, together with his wife Bisola, Joshua Thomas, together with his wife Vidhya and Piotr Bryniak, together with his wife Aneta , were ordained, and hands were laid on them and prayed over, that the Lord would strengthen them and give them wisdom to fulfil their God given responsibilities.

Meetings and attendance

Zoom Prayer Meetings & Thursday Bible Study.

We continue to have our three mid-week meetings on Zoom. This platform affords people the opportunity to join from the comfort of their own homes without having to physically come to the Church building.

These meetings have proved vital in keeping us connected and have allowed some people to be able to join us, who weren’t able to attend in person when we met at the Church for our weekly Bible studies or our fortnightly home Prayer meetings.

Sunday Morning Meeting.

Our Sunday morning meetings continue to be well attended and we experience the “good problem” of the Church being filled to capacity on a regular basis. Our thoughts are therefore drawn to what we must do to address this situation. Church growth ‘experts’, say that once a church reaches 85% capacity of its seating capacity, it’s time to consider moving to larger facilities. It’s the Lord Jesus who is building His Church and we need to actively trust Him to lead and guide us in the coming year for a larger venue in which to meet.

On a Personal Front

In May 2023, we celebrated our 20[th] anniversary of being in the church here in Swindon. The Lord has been extremely faithful to Marion and myself, and He has done great things for us personally and as a church in this period of time. There has been a steady numerical growth over these years and the church has become truly international, as the flags on the walls of the church indicate.

I celebrated my 75[th] birthday in September this year and do thank the Lord for His grace, strength and good health He has given to me.

Marion and I continue to enjoy fulfilling our role in serving our church community. Being involved in ministry affords us a unique platform of seeing new physical and spiritual life being born, and having the privilege of being involved in the lives of people in their spiritual and physical journeys through life and the challenges each one of us face.

As I mentioned in my last year’s Chairman’s Report, Marion and I are considering our future and the prospect of retirement. The baton of leadership and responsibility will have to handed over at some stage and we are prayerfully looking to the Lord. Getting the transition right is so important.

Our family here, and in South Africa are a source of joy to us. Seeing our sons established and serving the Lord together with their wives is comforting to us. Our five grandchildren are all growing up, each with his and her own personalities and abilities.

Thank you for your love and support which you have all shown to Marion and myself throughout this year.

In Conclusion

As we reflected on the year that has passed, we look ahead into a world at war with itself. The cliché that “Jesus is coming soon” has moved from cliché to reality as we see the signs of the times before our eyes. As children of God, we hear ourselves exclaiming the words of Revelation 22:20 “Even so come Lord Jesus”.

May the things happening around us, not dampen or dull the fire within us. Let us look forward with expectation and excitement in our hearts to the great things the Lord has in store and allow Him to continue to re novate, re new, re program, and re invigorate our minds to bring about the spiritual growth and development that is so needed.

Philippians 1:3 I thank my God upon every remembrance of you,

6 Being confident of this very thing, that he which hath begun a good work in you will perform it until the day of Jesus Christ:

Malcolm Macqueen

E W Malcolm Macqueen 25.04.2024

THE ASSEMBLY OF GOD KING’S CHRISTIAN CENTRE KING WILLIAM STREET SWINDON WILTSHIRE

REGISTERED NUMBER 1050649

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2023

THE ASSEMBLY OF GOD

TRUSTEES’ REPORT FOR THE YEAR ENDED TO 31ST OCTOBER 2023

The trustees present their report and the financial statements for the year ended 31st October 2023.

The charity’s principal activities comprise Church activities and the advancement of the Christian faith. Its charity registered number is 1050649.

Review of Results

The charity benefits from generous offerings from various individuals and these funds have been applied to furthering the Church’s objects.

Risk Assessment

Risk assessment is an ongoing management process within the Church although no significant areas of risk have so far been identified which may prove detrimental to the principles and values of the charity.

Trustees

The following served as trustees of the charity during the year: Peter Osei Zeegler Fernandes Clive Loveday (Resigned) Ewen William Malcolm Macqueen Dr. Olaniyi Benjamin Olaniyan

Public Benefit

The Charity’s aims as stated to the Charity Commission are the advancement of the Christian faith. These objects are pursued without reference to gender, social class or any other criteria.

We have referred to the guidance in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular our achievements demonstrate how planned activities have benefited the public.

Trustees’ Responsibilities

Charity law requires the trustees to prepare financial statements which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:

Select suitable accounting policies and then apply them consistently;
Make judgements and estimates that are reasonable and prudent;
Follow applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On Behalf of the Trustees

Dated 7th February 2024

THE ASSEMBLY OF GOD

INDEPENDENT EXAMINER’S REPORT

To the trustees of The Assembly of God.

Respective responsibilities of Trustees and Examiner

The Trustees’ responsibilities for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) are set out in the Statement of Trustees’ Responsibilities.

You consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under Sect:

Examine the financial statements under section 145 of the 2011 Act;
To follow the procedures laid down in the General Directions given by the Charity
Commission under section 145(5)(b) of the 2011 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 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and the seeking of 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 no opinion is given as to whether the financial statements present a “true and fair view” and the report is limited to those matters set out in the statement below.

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 130 of the 2011 Act; and
to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the 2011 Act

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.

Chris Vaughan Accountants 195 Ermin Street Stratton St Margaret Swindon SN3 4NA 7th February 2024

THE ASSEMBLY OF GOD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2023

	Note
		2023	2022
		12 months	12 months
		Unrestricted	Unrestricted
		Funds	Funds
		General	General
Incoming Resources
Donations and Gifts	2	524115	63210
Investment Income		69	27
		_____	____
Total Incoming Resources		£524184	£63237
Resources Expended	2
Gospel Ministry		£69517	£64216
Net Income/Expenditure for the Year		454667	(979)
Fund Balance Brought Forward		571056	572035
		______	_____
Fund Balance Carried Forward		£1025723	£571056

THE ASSEMBLY OF GOD

BALANCE SHEET AS AT 31ST OCTOBER 2023

Note TANGIBLE FIXED ASSETS 3 CURRENT ASSETS Cash at Bank and in Hand 336242 Debtors 4 247 £336489 CREDITORS: Amounts falling due within one year 5 £490 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year 6 TOTAL ASSETS LESS CURRENT LIABILITIES £ RESERVES Unrestricted Funds £	2022 689724 689765 23898 233 £24131 £9479 335999 14652 _ 1025723 704417 - (133361) _ 1025723 £571056 1075723 571056 _ 1075723 £571056

Approved by the Board on 7th February 2024

M. Macqueen

………………………………… Trustee

THE ASSEMBLY OF GOD

NOTES TO THE FINANCIAL STATEMENTS

1. ACCOUNTING POLICIES

a) Basis of Accounting

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charites Act 2011. The financial statements have been prepared under the historical cost convention.

b) Voluntary Income

Voluntary income is received by way of donations and grants and is included in full in the income and expenditure account when received.

c) Donations in Kind

The charity is fortunate in the level of support it receives from its volunteers. Without this voluntary support, considerable expense would be incurred. It is not thought meaningful or practicable to put a monetary value on the support but the committee is grateful to those who provide it.

d) Depreciation

Depreciation is not provided on the charity’s freehold property as the building is kept in a good state

of repair and its value is considered to exceed its cost.

Deprecation is provided on Furniture and Fixtures at 25% Reducing Balance Method.

e) Restricted and Unrestricted Funds

The financial statements distinguish between restricted and unrestricted funds. The former are received from donors and are subject to restrictions on the purposes for which they may be used. Unrestricted funds are those where there are no externally imposed restrictions. They include those freely available to the charity for expenditure or appropriation to reserves for internally designated purposes.

f) Reserves

The trustees have resolved that reserves be established at a level sufficient to meet the immediate running costs of the charity’s activities and this has largely been achieved.

2022
INCOMING RESOURCES AND RESOURCES EXPENDED
Incoming Resources
Donations and Gifts
£524115
£63210
Resources Expended
Gospel Ministry:
Salaries
24557
23672
Premises Costs
4435
4472
Insurance
1368
1062
Office Costs
519
453
Repairs and Renewals
6099
4777
Donations and Gifts
18777
16739
Headquarters
2337
2337
Youth Programme
330
978
Bank Charges and Interest
8729
7154
Miscellaneous Expenses
2325
2504
Depreciation
41
68
£69517
£64216

THE ASSEMBLY OF GOD

NOTES TO THE FINANCIAL STATEMENTS

3.TANGIBLE FIXED ASSETS

Total Cost At 1st November 2022 £697393 Depreciation Cumulative to 1st November 2022 7628 Charge for Year 41 £7669 Net Book Amount At 31st October 2023 £689724 At 31st October 2022 £689765	Freehold Property £689561 _ £- £689561 £689561	Furniture And Fixtures £7832 7628 41 £7669 £163 £204

The charity’s bank loan is secured on the charity’s freehold property.

	The charity’s bank loan is secured on the charity’s freehold property.
4. 5. 6. 7.	DEBTORS Prepayments £247 CREDITORS:Amounts falling due within one year Bank Loan - Taxation ad Social Security Costs 490 £490 CREDITORS:Amounts falling due after more than one year Bank Loan £- £ CONTROL	2022 £233 9000 479 £9479 133362	2022
			£233 9000 479
			9479

The charity is controlled by its Board of Trustees. No individual exercises overall control.

THE ASSEMBLY OF GOD KING’S CHRISTIAN CENTRE KING WILLIAM STREET SWINDON WILTSHIRE

REGISTERED NUMBER 1050649

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2023

THE ASSEMBLY OF GOD

TRUSTEES’ REPORT FOR THE YEAR ENDED TO 31ST OCTOBER 2023

The trustees present their report and the financial statements for the year ended 31st October 2023.

The charity’s principal activities comprise Church activities and the advancement of the Christian faith. Its charity registered number is 1050649.

Review of Results

The charity benefits from generous offerings from various individuals and these funds have been applied to furthering the Church’s objects.

Risk Assessment

Trustees

The following served as trustees of the charity during the year: Peter Osei Zeegler Fernandes Clive Loveday (Resigned) Ewen William Malcolm Macqueen Dr. Olaniyi Benjamin Olaniyan

Public Benefit

The Charity’s aims as stated to the Charity Commission are the advancement of the Christian faith. These objects are pursued without reference to gender, social class or any other criteria.

Trustees’ Responsibilities

Select suitable accounting policies and then apply them consistently;
Make judgements and estimates that are reasonable and prudent;
Follow applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

On Behalf of the Trustees

Dated 7th February 2024

THE ASSEMBLY OF GOD

INDEPENDENT EXAMINER’S REPORT

To the trustees of The Assembly of God.

Respective responsibilities of Trustees and Examiner

Examine the financial statements under section 145 of the 2011 Act;
To follow the procedures laid down in the General Directions given by the Charity
Commission under section 145(5)(b) of the 2011 Act; and
To state whether particular matters have come to my attention.

Basis of Independent Examiner’s Report

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 130 of the 2011 Act; and
to prepare financial statements which accord with the accounting records and to comply with the accounting requirements of the 2011 Act

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.

Chris Vaughan Accountants 195 Ermin Street Stratton St Margaret Swindon SN3 4NA 7th February 2024

THE ASSEMBLY OF GOD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2023

	Note
		2023	2022
		12 months	12 months
		Unrestricted	Unrestricted
		Funds	Funds
		General	General
Incoming Resources
Donations and Gifts	2	524115	63210
Investment Income		69	27
		_____	____
Total Incoming Resources		£524184	£63237
Resources Expended	2
Gospel Ministry		£69517	£64216
Net Income/Expenditure for the Year		454667	(979)
Fund Balance Brought Forward		571056	572035
		______	_____
Fund Balance Carried Forward		£1025723	£571056

THE ASSEMBLY OF GOD

BALANCE SHEET AS AT 31ST OCTOBER 2023

Note TANGIBLE FIXED ASSETS 3 CURRENT ASSETS Cash at Bank and in Hand 336242 Debtors 4 247 £336489 CREDITORS: Amounts falling due within one year 5 £490 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year 6 TOTAL ASSETS LESS CURRENT LIABILITIES £ RESERVES Unrestricted Funds £	2022 689724 689765 23898 233 £24131 £9479 335999 14652 _ 1025723 704417 - (133361) _ 1025723 £571056 1075723 571056 _ 1075723 £571056

Approved by the Board on 7th February 2024

M. Macqueen

………………………………… Trustee

THE ASSEMBLY OF GOD

NOTES TO THE FINANCIAL STATEMENTS

1. ACCOUNTING POLICIES

a) Basis of Accounting

b) Voluntary Income

Voluntary income is received by way of donations and grants and is included in full in the income and expenditure account when received.

c) Donations in Kind

d) Depreciation

Depreciation is not provided on the charity’s freehold property as the building is kept in a good state

of repair and its value is considered to exceed its cost.

Deprecation is provided on Furniture and Fixtures at 25% Reducing Balance Method.

e) Restricted and Unrestricted Funds

f) Reserves

The trustees have resolved that reserves be established at a level sufficient to meet the immediate running costs of the charity’s activities and this has largely been achieved.

THE ASSEMBLY OF GOD

NOTES TO THE FINANCIAL STATEMENTS

3.TANGIBLE FIXED ASSETS

Total Cost At 1st November 2022 £697393 Depreciation Cumulative to 1st November 2022 7628 Charge for Year 41 £7669 Net Book Amount At 31st October 2023 £689724 At 31st October 2022 £689765	Freehold Property £689561 _ £- £689561 £689561	Furniture And Fixtures £7832 7628 41 £7669 £163 £204

The charity’s bank loan is secured on the charity’s freehold property.

	The charity’s bank loan is secured on the charity’s freehold property.
4. 5. 6. 7.	DEBTORS Prepayments £247 CREDITORS:Amounts falling due within one year Bank Loan - Taxation ad Social Security Costs 490 £490 CREDITORS:Amounts falling due after more than one year Bank Loan £- £ CONTROL	2022 £233 9000 479 £9479 133362	2022
			£233 9000 479
			9479

The charity is controlled by its Board of Trustees. No individual exercises overall control.