2024-10-31-accounts - Assembly Of God (King's Christian Centre)

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onight, I welcome everyone who joins us “on-line” for our AGM to review our Church activities and finances for the year 2024. We as a Church have enjoyed a very good year, knowing the Lord’s blessings upon us, despite the individual challenges that we have all faced, from time to time. The Lord’s grace has been our sufficiency, His strength has been made perfect in

our weakness.

Our financial year begins on 1[st] November 2023 – 31[st] October 2024, so what we are reviewing this evening is ‘slightly 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] 2023 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 say each 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.

Email or paper copies of the Audited Financial Statement are available if you wish a copy.

Looking Back

Søren Kierkegaard was a Danish theologian, philosopher, and religious author, who observed, “ You live life looking forward, and you understand life looking backward.” I want to embark on a moment of looking back to acknowledge and thank those who assisted

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 7[th] January Brother David Padmarajan ministered at the morning meeting Sunday 14[th] January Pastor David Fiddy ministered at the morning meeting Sunday 21[st] January Pastor Rob Baldwin ministered at the morning meeting Sunday 28[th] January Brother Joel Gaddam ministered at the morning meeting Sunday 25[th] February Brother Joel Gaddam ministered at the morning meeting Sunday 17[th] March Brother Hassan John ministered at the morning meeting Sunday 24[th] March Brother Joel Gaddam ministered at the morning meeting Sunday 14[th] April Dr Patrick Sookhdeo ministered at the morning meeting Sunday 12[th] May Brother John Kavati from USA ministered at the morning meeting Sunday 19[th] May Pastor Rob Baldwin ministered at the morning meeting Sunday 9[th] June Brother Joel Gaddam ministered at the morning meeting Sunday July 21[st] Brother Joel Gaddam ministered at the morning meeting Sunday Aug 18[th] Brother Tiku ministered at the morning meeting Sunday 1[st] Sept Brother David Padmarajan ministered at the morning meeting Sunday 8[th] Sept. Brother Joel Gaddam ministered at the morning meeting Sunday 15[th] Sept. Pastor Rob Baldwin ministered at the morning meeting Sunday 29[th] Sept. Philip Jones from PWMI ministered at the morning meeting Sunday 13[th] Oct. Steven Allmark gave his testimony at the morning meeting Sunday 20[th] Oct. Pastor David Fiddy ministered at the morning meeting Sunday 27[th] Oct. Brother Joel Gaddam ministered at the morning meeting

Sunday 10[th] Nov. Brother Joel Gaddam ministered at the morning meeting Sunday 17[th] Nov. Pastor Rob Baldwin ministered at the morning meeting Sunday 8[th] Dec. Brother Joel Gaddam ministered at the morning meeting

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

Saturday 16[th] March Polish Outreach Meeting Sunday 17[th] March Brother Hassan John, International Operations Director of Barnabas . Aid ministered at the morning meeting, accompanied by his wife . Hannah Friday 29[th] March March of Witness to Town Centre and Open Air Meeting. Sunday 14[th] April Dr Patrick Sookhdeo, the founder of Barnabas Aid, together with his . wife Rosemary and Caroline Kerslake, the International Missions . Director for Barnabas Aid visited our church ministering and . sharing about the work of Barnabas Aid globally to the Persecuted . Church. 1[st] – 4[th] May Marion & I attended the AoG Conference in Harrogate. Saturday 11[th] May Work Party at the Church doing seasonal maintenance. Saturday 18[th] May Marion & I attended the ICEJ Conference in Southampton. Sunday 7[th] July Dedication of Abigail John during our morning service. Saturday 13[th] July Beach Trip to Poole, Dorset for the whole church. Saturday 14[th] Sept. Work Party at Church doing seasonal maintenance. Saturday 28[th] Sept. Philip Jones from PWMI ministered at the church. Sunday 3[rd] Nov. Dedication of Richelle Ejke during our morning service. Sunday 15[th] Dec. International Christmas Evening Service Sunday 22[nd] Dec. Christmas Evening Meal at Church. Tuesday 31[st] Dec. Watchnight Service.

Church Website & Media

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. A weekly Podcast has recently been added for people to listen to an AI

My thanks to those who have given input to 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 the other on-line media platforms he has initiated, and I wish to thank him for his enthusiasm, initiative and time he’s given over the past year.

Sound Desk

My thanks to Ben Sonoiki for organising the Rota of young people and others 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

It has been encouraging to see more people becoming involved with teaching in Sunday School . There is now a pool of 12 teachers, each taking their turn on a fortnightly rota. BUBBLES, SPLASH & JUNIOR YOUTH continue to enjoy their lessons. activities. The fruit of the teacher’s labour is seen when the different Sunday School Groups do their

My thanks to Joyce for co-ordinating the monthly 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, Aneta and Sheena 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 – Monthly Contributions

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 £790.00 (approx. 85,000 Indian Rupees) per month toward supporting the feeding program in Mungod, Northern Karnataka, India, as well as supporting an AOG Pastor working in the same area. Individuals within our Church contribute on a monthly basis by sponsoring individual children £10.00 a month. If you would like to begin contributing £10.00 per month or increase your monthly contribution that would be greatly appreciated. In 2024, the Church again had an overall shortfall for the year of £2,002.00 This shortfall was covered by money taken from Church funds.

Willows Counselling Centre Car Parking

Twelve 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. With the increased number of people attending the church in 2024, the carpark has proved at times to be too small with the result that people have been “parked-in” when they want to leave immediately after the service.

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 2023/24, our church donated a total of £8,000.00 to Barnabus Aid to support the Persecuted Church in different parts of the world. We also hosted Dr Patrick Sookhdeo CEO of Barnabas Aid and Hassan John, the Africa Director of Missions to minister at our church in the early part of 2024. We are currently reviewing our support of Barnabas Aid due the much publicised problems which are currently besetting this Charity.

My 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 all the new people who have joined our church in 2024.
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, Matilda, Bisola & Pearl.
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: Aneta, Blancy, Daisy, Dayo, Esther, Joyce, Margaret, Marion, Mirelle, Rathi, Sheetal, Vidhya.
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 our church council members, Niyi Olaniyan, Peter Osei , Zeegler Fernandes for their work relating to being council members and to Joel Gaddam who has joined as an observer.
To Emma Bloor , Aneta Bryiak 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 31.10.2024

2024 2023 2022 2021 2020 General Account £ 28,625.24 £ 34,587.36 £ 22,335.41 £ 33,675.59 £ 25,836.55 Business Premium £ 284,063.54 £ 301,222.46 £ 1,214.46 £ 1,137.84 £ 1,198.69 Petty Cash £ 0.00 £ 0.00 £ 0.00 £ 0.00 £ 0.00 £ 312,688.78 £ 335,809.82 £ 23,549.87 £ 34,813.43 £ 27,035.24

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

Total: In Tithes & Offerings: ………………………………………………….. £ 88,990.00 This compares to the Actual Income in 2023 of £104,115 + £420,000.00……. £ 524,115.00

Total amount of monies spent through our accounts at the financial year end Increased from £ 69,517.00 in 2023, to £ 116,812.00 in 2024 an increase of. …. £ 47,295.00

(See page 5 of Year-end Financial statement)

(For the record an amount of £ 12,255.54 was received from HMRC for the Gift Aid, & GASDS, (Gift Aid Small Donations Scheme) Claim, on 26 September 2024 that had been submitted to them earlier that month.

Incoming Resources for 2023/2024 Donations & Gifts £ 88,990.00 (2023 £ 524,115.00) Expended Resources £ 116,812.00 (2023 £ 69,517.00) Expenditure/Income £ 27,822.00 £ 454,598.00 2020 2021 2022 2023 2024 Charity Donations …… £ 14,130.00 £ 12,640.00 £ 12580.00 £ 13,898.00 £ 55,122.39 Ministry Gifts ………… £ 606.56 £ 1,590.00 £ 1,689.50 £ 1,463.00 £ 1,525.00 Ministry Expenses …… £ 93.44 £ 0.00 £ 70.00 £ 716.00 £ 54.23 Missions ……………… £ 2,480.00 £ 2,700.00 £ 2,480.00 £ 2,700.00 £ 2,380.00 Total £ 17,310.00 £ 16,930.00 £ 16,819.50 £ 18,777.00 £ 59,081.62

Out of our total income of £ 88,990.00 + (£39,000.00 , from Business Savings Account) = £127,990.00 a total of £ 55,122.39 + £2,380.00 =£ 57,502.39 was donated to Charities and Missions. This represents 44.93% of our total income.

A decision had been taken by the Church Council to take a tenth of the £420,000.00 which had been donated to the church in October 2023 and distribute £42,000.00 to Local & International Charities. During 2024, 11 separate donations were made , totalling £ 39,000.00 eg: International Christian Embassy Christians United for Israel Barnabas Aid Night Shelter Swindon Prospect Hospice, Wroughton Willow’s Counselling Yeldall Christian Centres Royal Medical Benevolent Fund The Christian Institute Wiltshire Air Ambulance Swindon Food Collection

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

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:

10 new members have been added to the Church Membership list since our last AGM in 2023. They are: Adelaide Chari , Simon Baboo, Sherly Paul, Thomas John, Tiji Joshua, Nsan Tiku, Joy Tiku, Margaret Birakwate, Paul Prakasa Rao, Elisabeth Dorcas B. We look forward to welcoming new members in 2024 who have been coming to the Church regularly during the past year.

A ldridge: Maggie
B aboo: Simon
B irakwate: Margaret
B loor: Emma
B ryniak: Piotr.
B ryniak: Aneta
B urns: Biruta.
C anniegieter: Carol
C hari: Adelaide
C hukwuchebe: Umera
C hukwuchebe: Uzo
C hukwuchebe: Chima
C larke: Stephen.
D iakite: Youssouf
D orcas B: Elisabeth
D oubleday: Rosalind.
D ownes: Abigail
E jike: Kelvin. 19. E jike: Sandra. 20. F ernandes: John Anthony. 21. F ernandes: Zeegler
G addam: Esther
G addam: Joel
G reen: Sheena.
I rven: David. 26. I rven: Charity. 27. J ohn: Thomas Vakkechalil

J oshua: Tiji
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
O laniyan: Niyi.
O laniyan: Bola.
O sei: Peter.
O sei: Joyce.
P andian : (Thomas): Joshua
P ani: Mirelle.
P aul: Sherly
P hin: Priscilla.
P rakasa Rao: Paul Daniel
R odrigues: Elroy.
R ussell: Rosie.
R yspaeva: Ainura.
S mith: Elizabeth.
S tanislawski: Andrzej Adam
S onoiki: Ben.
S onoiki: Bisola.
S oundararajan: Allwin
S oundararajan: Rathi Matilda
S ovi: Constance.
T choya: Alain.
T homas : Vidhya
T iku: Nsan Ojong
T iku: Joy Nsan
T uoyo: Deborah.
W hyte: David.

Church Membership at the end of October 2024 = 65 from 58 in October 2023. We welcomed 10 new people into membership during the course of 2024 and 3 left the Church during the year.

On our Current Address list, of those coming regularly, we have: 72Adults, 23 Young People, 20 Children. Total = 115

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, Council member and Joel Gaddam, currently assisting as an observer.

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

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 as well as Zoom Meetings approximately every two months at the manse, usually on a Monday evening.

Deacons

It is important for me to highlight the three couples who were ordained as Deacons in

December 2023.

Ben Sonoiki & Bisola, Joshua Thomas & Vidhya and Piotr Bryniak & Aneta , are functioning in their roles and being of help and assistance to the Body of Christ, when and where the need arises.

Meetings and attendance

During 2024 we have seen our Sunday morning meetings continue to be well attended and we are experiencing the “good problem” of the Church being filled to capacity on a regular basis.

In seeking to address this problem, we have been actively looking to re-locate to a larger venue, but no suitable venue has been found so far. An architect was employed to carry out a feasibility study to enlarge our Church building and build a new toilet/kitchen/ Utility Room in the garden of the manse, but in reviewing this proposal it didn’t meet the needs of our growing congregation.

There are options which we have considered, eg: 2 meetings on a Sunday morning, or splitting the Church and having a Church plant in another area of Swindon. Each of these options would require additional manpower and commitment, which I feel at this time we don’t have. It would also be a shame to “split” the Church, by having 2

meetings. 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.

b) 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. With every arrangement there are pro’s and con’s, and preferring to continue with Zoom meetings instead of meeting physically also has it’s plusses and minuses.

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

We do enjoy meeting on the 1[st] Saturday of each month for a Prayer Meeting in the homes of different families in the Church. The “in person” gatherings are always special and I do want to thank the families who held these meetings in their home in 2024.

On a Personal Front

Marion and I began the year visiting our family and friends in South Africa and it’s always a source of joy seeing them all again and renewing fellowship with friends from our days in ministry in South Africa..

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.

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 two sons and their families here in Bristol and in Johannesburg, 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.

A special ‘Thank You’ to you ALL, for your love and support which you have shown to Marion and myself throughout this year.

In Conclusion

The early Church of the 1[st] century lived believing in the imminent return of the return of The Lord Jesus Christ, and here we are now in the 21[st] century, 2025, and we are still living, waiting and believing in His soon return.

The Apostle Paul writing to the Church at Rome expressed it this way; Romans 8:24 For we are saved by hope: but hope that is seen is not hope: for what a man seeth, why doth he yet hope for? 25 But if we hope for that we see not, then do we with patience (and composure) wait for it.

May we as a Church ever have this living hope burning in our hearts and having a vision of what is before us in the future.

William Carey, who was known as the father of modern missions, said, ‘The future is as bright as the promises of God.’

Maranatha, even so come Lord Jesus.

Malcolm Macqueen

E W Malcolm Macqueen 27.02.2025

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 2024

THE ASSEMBLY OF GOD

TRUSTEES’ REPORT FOR THE YEAR ENDED TO 31ST OCTOBER 2024

The trustees present their report and the financial statements for the year ended 31st October 2024.

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 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 27th November 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

27th November 2024

THE ASSEMBLY OF GOD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2024

	Note
		2024	2023
		12 months	12 months
		Unrestricted	Unrestricted
		Funds	Funds
		General	General
Incoming Resources
Donations and Gifts	2	88990	524115
Investment Income		4423	69
		____	_____
Total Incoming Resources		£93413	£524184
Resources Expended	2
Gospel Ministry		£116812	£69517
Net Income/Expenditure for the Year		(23399)	454667
Fund Balance Brought Forward		1025723	571056
		______	______
Fund Balance Carried Forward		£1002324	£1025723

THE ASSEMBLY OF GOD

BALANCE SHEET AS AT 31ST OCTOBER 2024

Note TANGIBLE FIXED ASSETS 3 CURRENT ASSETS Cash at Bank and in Hand 312681 Debtors 4 284 £312965 CREDITORS: Amounts falling due within one year 5 £324 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES £ RESERVES Unrestricted Funds £	2023 689683 689724 336242 247 £336489 £490 312641 335999 _ 1002324 £1025723 1002324 1025723 __ 1002324 £1025723	2023 689683 689724 336242 247 £336489 £490 312641 335999 _ 1002324 £1025723 1002324 1025723 __ 1002324 £1025723
		1025723 _____ 1025723

Approved by the Board on 27th November 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.

2023
INCOMING RESOURCES AND RESOURCES EXPENDED
Incoming Resources
Donations and Gifts
£88990
£524115
Resources Expended
Gospel Ministry:
Salaries
24246
24557
Premises Costs
9053
4435
Insurance
1599
1368
Office Costs
687
519
Repairs and Renewals
13658
6099
Donations and Gifts
59269
18777
Headquarters
2537
2337
Youth Programme
1058
330
Bank Charges and Interest
271
8729
Miscellaneous Expenses
4393
2325
Depreciation
41
41
£116812
£69517

THE ASSEMBLY OF GOD

NOTES TO THE FINANCIAL STATEMENTS

3.TANGIBLE FIXED ASSETS

Total Cost At 1st November 2023 £697393 Depreciation Cumulative to 1st November 2023 7669 Charge for Year 41 £7710 Net Book Amount At 31st October 2024 £689683 At 31st October 2023 £689724	Freehold Property £689561 _ £- £689561 £689561	Furniture And Fixtures £7832 7669 41 £7710 £122 £163

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.	DEBTORS Prepayments £284 CREDITORS:Amounts falling due within one year Taxation and Social Security Costs £324 CONTROL	2023
		£247 £490

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 2024

THE ASSEMBLY OF GOD

TRUSTEES’ REPORT FOR THE YEAR ENDED TO 31ST OCTOBER 2024

The trustees present their report and the financial statements for the year ended 31st October 2024.

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 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 27th November 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

27th November 2024

THE ASSEMBLY OF GOD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST OCTOBER 2024

	Note
		2024	2023
		12 months	12 months
		Unrestricted	Unrestricted
		Funds	Funds
		General	General
Incoming Resources
Donations and Gifts	2	88990	524115
Investment Income		4423	69
		____	_____
Total Incoming Resources		£93413	£524184
Resources Expended	2
Gospel Ministry		£116812	£69517
Net Income/Expenditure for the Year		(23399)	454667
Fund Balance Brought Forward		1025723	571056
		______	______
Fund Balance Carried Forward		£1002324	£1025723

THE ASSEMBLY OF GOD

BALANCE SHEET AS AT 31ST OCTOBER 2024

Note TANGIBLE FIXED ASSETS 3 CURRENT ASSETS Cash at Bank and in Hand 312681 Debtors 4 284 £312965 CREDITORS: Amounts falling due within one year 5 £324 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES £ RESERVES Unrestricted Funds £	2023 689683 689724 336242 247 £336489 £490 312641 335999 _ 1002324 £1025723 1002324 1025723 __ 1002324 £1025723	2023 689683 689724 336242 247 £336489 £490 312641 335999 _ 1002324 £1025723 1002324 1025723 __ 1002324 £1025723
		1025723 _____ 1025723

Approved by the Board on 27th November 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 2023 £697393 Depreciation Cumulative to 1st November 2023 7669 Charge for Year 41 £7710 Net Book Amount At 31st October 2024 £689683 At 31st October 2023 £689724	Freehold Property £689561 _ £- £689561 £689561	Furniture And Fixtures £7832 7669 41 £7710 £122 £163

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.	DEBTORS Prepayments £284 CREDITORS:Amounts falling due within one year Taxation and Social Security Costs £324 CONTROL	2023
		£247 £490

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