Registered Charity Number 1052064
**GLORY LIFE CHURCH Report and Accounts**
**31 December 2024**
## **GLORY LIFE CHURCH Report and accounts Contents**
||**Page**|
|---|---|
|Charity information|1|
|Trustees Report|2|
|Accountants' report|3|
|Income & Expenditure Account|4|
|Balance sheet|5|
|Notes to the accounts|6|
## **GLORY LIFE CHURCH Charity Information**
## **Trustees**
Mrs Edna Wilson Ms Anita Amponsem Rev. Henry Anning Mr Kwabena Misah Boadi
## **Secretary**
Rev. G. Wilson
## **Accountants**
Ephraman & Co Chartered Certified Accountants 4 South Walk West Wickham Kent BR4 9JA
## **Bankers**
Lloyds TSB Stratford Branch London
## **Registered office**
Suite 201-202 Estuary House 196 Ballards Road Dagenham RM10 9AB
**Registered number** 1052064
1
## **GLORY LIFE CHURCH**
## **Trustees' Report**
The trustess present their accounts and report for the year ended 31 December 2024 The trustess present their accounts and report for the year ended 31 December 2010
## **Objectives and Activities of the Charity**
The objectives of the Charity as set out in the Declaration of Trust are:
a) the advancement of the Christian Faith in the United Kingdom and abroad b) the relief of persons who are in conditions of need, hardship or distress or who are aged or sick, in the United Kingdom or abroad.
The principal activities of the church are Christian worship and involvement of various ministries and ministers of religion in propagating Christian tenets to members (and nonmembers) of the Ministry at various meetings.
To achieve these objectives, the Church was involved in Christian outreach programmes designed to increase Christian awareness and spread the gospel of our Lord Jesus Christ.
## **Achievements and Performance of the Charity**
The Church continued to preach the gospel and increase awareness of the christian faith. Many people were ministered to during the year by way of prayer and counselling, and offered help and support as appropriate. Despite the relaxation of Covid-19 restrictions, church services were conducted via Zoom. It continues give the opportunity for people who are not usually members of the church to conveniently join in from different parts of
## **Future Development and other related activities**
The Church will continue to focus its activities to meet the objectives of the charity. There would be more emphasis on Evangelism, Worship, and Missions. The zoom meetings will continue for the foreseable future. We plan to continue to enhance the relevance of the online prayer; encourage fastings and prayer for spiritual purposes.
## **Approval**
This report was approved by the board on 18 May 2025.
E. Wilson Trustee
2
## **GLORY LIFE CHURCH Independent Examiner's Report**
## **Independent Examiner's report to the members of**
## **We GLORY LIFE CHURCH report** report on the Financial Stat **on the Financial Statement** ment for the year ended 31 December 2024 **for the year ended 31 December 2006**
You **As the Charity’s Trustees, you are responsible for the preparation of the accounts;** This report on the accounts for the charity for the period ended 31 Decemberconsider that the charity is exempt from an audit for the year ended 31 December2022, which2010. You have **you consider that the requirement of section 43 (2) of the Charities Act 1993** are set out on pages 4 to 6, is in respect of the examination carried out.acknowledged, on the balance sheet, your responsibilities for **(the Act)** complying with the requirements **does not apply. It is our responsibility to state, on the basis of procedures specified** of the Companies Act 1006 with respect to accounting records and the preparation of **in the General Directions given by the Charity Commissioners under 43 (7) of the Act,** accounts. These responsibilities include preparing accounts that give a true and fair view of the **Respective Responsibilities of Trustees and Examiner** state of affairs of the charity and of its surplus or deficit for the financial period. **whether particular matters have come to our attention.** As trustees you are responsible for the preparation of accounts. It is my responsibility to Inissue this report on those accounts.accordance with your instructions, we have prepared the accounts which comprise the Income
& expenditure account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations **Basis of Independent Examiner's Report** you have given to us.
My examination was carried out in accordance with the General Acceptable Accounting We have not carried out an audit or any other review, and consequently we do not express any Guidelines.opinion on these accounts.The examination includes a review of the accounting records kept by the charity and a comparison of the accounts with those records. It also includes a 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.
**As** We **I** ndepend **described** have **e** nt Examiners Statemxamined **on the balance** the abbreviat **sheeteyou** ntd accounts **are responsible** set out **for** on **the** pages **preparation** 2 to 5, **of** together **the accounts** with the **for the** full **year** accountsIn connection with my examination, no matter has come to my attention:ee **n** dedeof **d** 31the31 DecembercompanyMarch 2008,for2008,thesetsetyearoutoutonendedonpagespages[date]4 4topreparedto11,11,andandunderyouyouconsidersectionconsider226thatthatofthethethe companycompanyCompanies **is exempt** Act 1985.(1) **instructions,** which **from** gives **wean audithave** me **undercompiled** reasonable **sectionthese249A(1)** cause **unauditedof** to **the** believe **accountsCompanies** that **inActorder** in **1985.** any **to assistIn** material **accordanceyou** respect **to fulfilwith youryour** the requirements **statutory responsibilities, from the accounting records and information and explanations supplied to us.** * to keep accounting records * to prepare accounts which accord with the accounting records have not been met; or
(2) to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Our 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**
Afari E. Banwell BSc(Hons) FCCA The **In connection with the examination, no matter has come to our attention:** Ephraman & CoChartered Certified Accountantsdir ors are responsible for preparing the abbreviated accounts in accordance with section 4 South Walk
West Wickham BR4 9JA
18 May 2025
3
## **GLORY LIFE CHURCH Income & Expenditure Account for the year ended 31 December 2024**
|**Income**
Income
**Direct Charitable Expenditure**
Ministry Expense
Pastorial Team
Evangelism & Missions
Donations & Welfare
**Management & Administration**
Premises costs:
Rent-Church Office
General administrative expenses:
Telephone and fax
Stationery and printing
Depreciation
Sundry expenses
**Surplus/(Deficit) for the year**|**2024**
**£**
32,729
2,320
13,848
24,906
3,340
44,414
5,600
5,600
768
-
1,579
375
3,444
56,658
(23,929)|**2023**
**£**
41,400|
|---|---|---|
|||1,255
13,848
8,011
1,080|
|||24,194|
|||4,850|
|||4,850|
|||755
140
199
350|
|||1,444|
||||
|||30,488|
|||10,912|
4
## **GLORY LIFE CHURCH Balance Sheet as at 31 December 2024**
|**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Cash at bank and in hand
**Net current assets**
**Net assets**
**Capital and reserves**
Reserve
4
**Total Funds**|64,749|**2024**
**2023**
**£**
**£**
6,319
794
94,203
64,749
94,203
71,068
94,997
71,068
94,997
71,068
94,997|
|---|---|---|
||||
The trustees are satisfied that the charity is entitiled to exemption from the requirement to obtain an audit; and donors or members have not required the charity to obtain an audit.
The trustees acknowledge their responsibilities to keep accounting records and prepare accounts that accord with the accounting records..
E. Wilson Trustee Approved by the board on 18 May 2025
5
**GLORY LIFE CHURCH Notes to the Accounts for the year ended 31 December 2024**
## **1 Accounting policies**
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
## _**Income**_
Income represents grants, donations, and gifts, all of which are recognised on receipt basis
## _**Depreciation**_
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Church Equipment 20% straight line Motor vehicles 25% straight line
|**2**
**Surplus/ Deficit**
This is stated after charging:
Depreciation of owned fixed assets
**3**
**Tangible fixed assets**
**Cost**
At 1 January 2024
At 31 December 2024
**Depreciation**
At 1 January 2024
Charge for the year
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023|**Furniture &**
**Fittings**
**£**
2,525
2,525
2,414
22
2,436
89
111|**2024**
**2023**
**£**
**£**
1,579
199
**Equipment**
**Total**
**£**
**£**
5,084
7,609
12,188
14,713
4,401
6,815
1,557
1,579
5,958
8,394
6,230
6,319
683
794|
|---|---|---|
6
## **GLORY LIFE CHURCH Notes to the Accounts**
**for the year ended 31 December 2024**
|**4**
**Reserves**
At 1 January
Surplus for the year
At 31 December|**2024**
**2023**
**£**
**£**
94,997
84,085
(23,929)
10,912
71,068
94,997|
|---|---|
7