**ST ALBANS PENTECOSTAL CHURCH TRUSTEES`REPORT AND INDEPENDENTLY EXAMINED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024** ## **ST ALBANS PENTECOSTAL CHURCH** |**ST ALBANS PENTECOSTAL CHURCH**|**ST ALBANS PENTECOSTAL CHURCH**| |---|---| |**TRUSTEES`REPORT AND INDEPENDENTLY EXAMINED ACCOUNTS**|| |**FOR THE YEAR ENDED 31 MARCH 2024**|| |**TRUSTEES:**|Maurice Franks (Chair)| ||Donna Sam| ||Paul Bruce| ||Lorna Cain| ||Benjamin Franks| ||Jacqueline Bennie| ||William Thomas| ||Enetta Thomas| |**CHARITY NUMBER:**|1054359| |**PRINCIPAL ADDRESS:**|97 Camp Road| ||St Albans Herts| ||AL15HL| |**INDEPENDENT EXAMINER:**|Fraser+ Accountants| |**BANKERS:**|Barclays Bank| ||Leicester| ||LE87 2BB| ||Kingdom Bank| ||Media House, Padge Road| ||Beeston Nottingham| ||NG9 2RS| Page 1 ## **ST ALBANS PENTECOSTAL CHURCH** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ||**Page**| |---|---| |Trustees’ Report|3-6| |Independent Examiner’s Report|7-8| |Statement of Financial Activities|9| |Balance Sheet|10| |Notes to the Accounts|11| Page 2 ## **ST ALBANS PENTECOSTAL CHURCH** ## **TRUSTEES`REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2024** The Trustees present their report and accounts for the year ended 31[st] March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Church’s Trust Deed, The Charities Act 2007 and the Statement of Recommended Practice, “Accounting and Reporting by Charities” issued in March 2005. By the help of supporters we were able to meet many of our objectives for the year. We reiterate our mandate as contained in the Trust document: - a) to relieve people who are in conditions of need, distress or who are aged or sick in the UK and elsewhere - b) to advance the Christian religion in accordance with the statement of beliefs hereto in the UK and elsewhere - c) to advance education on the basis of Christian principles and in accordance with the said statement of believes in the UK and elsewhere - d) missions and evangelism ## **Structure, Governance and Management** The church was registered as an independent Charity on 9[th] April 1996 The members of Trustees who served during the year were:- Maurice Franks – Senior Pastor and Chair of Trustees Donna Sams Paul Bruce Ann Franks Benjamin Franks Lorna Cain Jacqueline Bennie William Thomas Enetta Thomas Existing Trustees by resolution, appoints new Trustees at planned meetings. The Board of Trustees who make the financial and management decisions oversee the activities of the church. The spiritual and educational guidance of the congregation is delegated to the Pastors, Elders and Departmental Leaders who are appointed by the Senior Pastor (see governing document for more details). Page 3 ## **ST ALBANS PENTECOSTAL CHURCH** ## **TRUSTEES`REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2024** ## **Objectives** The church objectives are the advancement of Christian and other charitable purposes and in particular, to further education in the basic principles of Christian morality. The Charity also participates in a number of organisations such as St Albans Network of Churches. ## **Activities For The Year** ## **Local Ministries** We raised money for the Macmillan Cancer Care by holding coffee mornings. The charity collect clothing and food for the homeless. Youth programs and activities take place. ## **Policies and Procedures** We have policies in place covering DBS procedures, risk assessments, protection of vulnerable people, health and safety, fire action plan, safeguarding, serious incident reporting, trustee conflict of interest, internal charity financial control, trustee expenses and financial reserves. ## **Child Protection** The ensure Disclosure Barring Service (DBS) checks are made. ## **Freedom Worship Centre (FWC)** The church has a direct link with FWC in Southhall. FWC assist with training our leaders and providing ministerial support and oversight. Page 4 ## **ST ALBANS PENTECOSTAL CHURCH** ## **TRUSTEES`REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2024** ## **Mission Department** Support outside the UK:- We do not charitable organisations outside the United Kingdom due to our current size, however we have made donations to various appeals or disasters in other countries. ## **Community Ministries** We continue our partnership with various community groups such as St Albans churches network, Life International Christian Fellowship in Milton Keynes and Freedom Worship Centre in Slough. We also build on our contacts by building on contacts with the local mayor, town councilors and police community team. ## **Future Plans** Its planned for using our building for more community activities and training. These activities would include youth training, financial management, marriage seminars and healthy lifestyle. Its planned to install a disability toilet to give access to people with mobility challenges. Its hoped to acquire a portacabin which could be used for youth activities and a fellowship hall. There is space on side of our building to accommodate this. Our membership revenue has increased since the covid epidemic. This increase resulted in more donations which was timely to fix some urgent roof repairs. ## **All Party Parliamentary Group (APPG)** We are helping APPG promote how faith base organisations can play a part in tackling loneliness by organising community events such as barbecues, coffee mornings or by visiting the elderly in their homes etc. ## **Hertfordshire Police** Hertfordshire Police visited the church to speak with our youth. The church Senior Pastor visited police headquarters and police training facility to support joint working between the police and community. Page 5 ## **ST ALBANS PENTECOSTAL CHURCH** ## **TRUSTEES`REPORT AND INDEPENDENTLY EXAMINED ACCOUNTS** ## **FOR THE YEAR ENDED 31 MARCH 2024** ## **Conclusion** We, the Trustees of St Albans Pentecostal Church Charity, according to the commission given to us in St Matthew 28:19-20, “Therefore, go and make disciples of all nations baptizing them in the name of the father and the son and the Holy Spirit, teaching them to obey everything I have commanded you” We are grateful for all our supporters who have contributed and volunteered throughout the year. On behalf of the Board of Trustees: - Maurice Franks Senior Pastor Maurice Franks Date: 10 February 2025 Chairperson Page 6 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Sethon A 1Th￿ndent Exarniner'g Rep Rtport to the tntstee 31 ￿24 Cbwiy Tro lrfwryj p•￿1&2 2011 r*nA￿). 145(SMb}aYtr￿ ICAEW qwlffjc•tscrf•l or t• PM1 S 5ectsofi B Discloswe OTty E(rnp*tE rf the ertarni￿ h￿h ￿h.. of 13ee CC3:: Page 7 CklARITY COIAMISSI IO* EN6b1￿¥.N0 WAIE Receipts and payments accounts CC16J To Section A Receipts and payments Al Ilec ARI 7¥ 18ee tsNEI. ioiaT a07> 2).•n If261 *634 Sub IK¢ i•bl¢ Sub Page 8 ## **ST ALBANS PENTECOSTAL CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITIES** **Unrestricted Restricted Total Total Funds Funds 2024 2023 £ £ £ £ INCOMING RESOURCES Donations and Tithes** 21,577 - 21,577 23,250 Gift Aid 7,006 - 7,006 - Other 440 - 440 - Interest 56 - 56 56 29,079 - 29,079 23,306 ___________________________________ _________ **Investment Income** - - - - __________________________________ __________ **TOTAL INCOMING RESOURCES** 29,079 - 29,079 23,306 (adjustments from £28,069 on charity report After independent examination report) ___________________________________ ________ **RESOURCES EXPENDED** Ministry costs 11,264 - 11,264 7,025 ___________________________________ ________ **GOVERNANCE COST** Building running cost 3,340 - 3,340 6,216 Repairs 5,634 - 5,634 3,480 Administration 5,100 - 5,100 5,227 Insurance (Sundries) 157 - 157 157 __________________________________ _________ **TOTAL RESOURCES EXPENDED** 25,495 **-** 25,495 22,105 (Adjustment from £24,595 on charity report after independent examiner report) **Excess income over expenditure** 3,584 - 3,584 1,150 Funds balances at 1 April 2023 6,603 - 6,603 8,519 Funds balances at 31 March 2024 10,188 - 10,188 8,580 Adjustment Re-balance Sheet - - - - Page 9 ## **ST ALBANS PENTECOSTAL CHURCH FOR THE YEAR ENDED 31 MARCH 2024** ## **BALANCE SHEET** **Notes 2024 2023 Fixed assets** Tangible assets 1 400,000 390,000 **Current assets** Debtors 2 3,000 - Cash on hand and in the banks __6,480__ 8,519 9,480 8,519 **Creditors: amounts falling due** 3 - - **within one year Net current liabilities** 1,800 4,870 **Total assets less current liabilities** 7,680 3,649 **Net assets** 476,800 393,650 **Capital and reserves** Unrestricted reserves 4 10,187 9,222 Restricted reserves - - Page 10 ## **ST ALBANS PENTECOSTAL CHURCH FOR THE YEAR ENDED 31 MARCH 2024** ## **NOTES TO THE ACCOUNT** **1 Tangible fixed assets Land and buildings Fixtures fittings Motor vehicles Total and equipment Cost £ £ £ £** As 1 Apr 2023 360,000 40,000 - 400,000 Additions - - - - - - - - Disposals As 31 Mar 2024 360,000 - - 395,000 **Depreciation** At 1 Apr 2023 - 500 - 500 Change for the year - - - - - - - - On disposals At 31 Mar 2024 - 500 - 500 **Net book value** At 31 Mar 2024 360,000 35,000 - 395,000 At 31 Mar 2023 360,000 45,000 - 405,000 2. **Debtors 2024 2023 £ £** Gift aid due 3,000 - Trade debtors - - Other debtors - - - 3,000 3. **Creditors: amounts falling due within one year 2024 2023 £ £** Accruals 1800 4870 Other creditors - - - - Other taxes and social security cost 1800 4870 4. **Unrestricted reserve 2024 2023 £ £** At 1 April 2023 9,223 8,519 At 31 March 2024 10,188 6,604 **2024 2023** 5. **Restricted reserve** - - Page 11