Greenford Gospel Church GREENFORD GOSPEL CHURCH TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Charity No: 1068859 Jacob Cavenagh & Skeet Chartered Accountants S Robin Hood Lane Sutton Surrey SM1 2SW GEE¢llford Gospel Cburch 439 Oldfield Ianc Nortb, Greenford. Middlesex UB6 OBB Tel: 020 8422 2816 en￿11. admin@8reenfordgospelchurch.org web: www.Egc.org.uk Rc£istrred Charity No: 1068859 Final -27th September 2024 GREENFORD GOSPEL CHURCH TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Charity No: 1068859 Contents Page Charity information Trustees, Report Report of the Independent Examiner Statement of Financial Activities Balance Sheet Notes to the Financial Statements 24 8-11 th Final -27 September 2024 GREENFORD GOSPEL CHURCH TRUST CHARITY INFORMATION Charity Registration No. 1068859 Principal office 439 Oldfield Lane North Greenford Middlesex UB6 OBB Trustees Leon Charles . Stella Osei (Resigned February 2023) Helen Sugden (Chair) David Sugden . Lynda Charles (Appointed May 2022) Key Management Personnel The Trustees Elders = Those marked . Independent Examiner Miriam Hickson CTA FCA Jacob Cavenagh & Skeet 5 Robin Hood Lane Sutton Surrey SM12SW Page 1 GREENFORD GOSPEL CHURCH TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees have pleasure in submitting their Annual Report, and the financial staternents for the year to 31 March 2024, which have been prepared in accordance with the Charities Statement of Recommended Practi￿ (Charities SORP (FRS 102)), Financial Reporting Standard 102 (FRS 102), and the Charities Act 2011. Structure and management The church is an unincorporated Trust and is governed by its Trust Deed dated 19 February 1998. It is registered with the Charity Commission. The ongoing activities of the church are overseen by the church Elders and the trustees. Trustees are appointed by resolution of the existing trustee body. All trust88s are given information relating to the responsibilities of twstees and the work of the church. Further training is provided as appropriate. Objectives and activities Greenford Gospel Church Trust was founded to.. Advance the Christian Faith in accordance with the Statement of Beliefs in the London Borough of Ealing and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit., Relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the London Borough of Ealing and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit,. Promote or fulfil such other charitable purposes beneficial to the community in the said London Borough of Ealing and in such other parts of the United Kingdom or the wodd as the Trustees may from time to time think frt. In pursuing these aims, the Twstees sought to comply with and follow the Charity Commission guidelines on public benefit. Achievement and perfonnance Greenford Gospel Church Trust met most Sundays for a time of worship, prayer and teaching. During the year, the church congregation held on a Sunday average between 20 and 30 people. The community around Greenford Gospel Church is of mixed ethnic origins. We have experienced transient congregation typical of many churches in London where we have had many visitors who attend 2 to 3 times and then move on. There are signs that the church is starting to grow again and numbers are increasing. The Church members freely give of their time and talents under the leadership of the Elders. Regular activities may include- Weddings Baptisms Funerals Sunday morning worship service. weekly meeting involving Worship, Bible Teaching, Children's ministry Tuesday - Fellowship group Wednesday night prayer meeting Easter Outreach Christmas Outreach Christmas and other fellowship meals Women's breakfasts Page 2 GREENFORD GOSPEL CHURCH TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued) Mission Support The Church continues to financially support and partner wrth the following works.. a) Teen Challenge London- Helping people break free from drug and alcohol addiction b) E gangs - Helping young people caught up in St￿et gangs c) One fulltime missionary in Pakistan d) Share Christian Fellowship- in support of overseas missions in Africa and India - this was closed due to the death of Peter Game. Support was tenninated in December 2023. e) The Church is also involved with Connections UK and support their work and vision. fj Sri Lanka - a small residual sum from 2022123 was given to aid poor families in Sri Lanka. Reference and administrative details The legal and administrative details required by law are set out on page 1 and fonn part of this report. Financial Review and Reserves Policy The small, committed congregation continue to support the work of the church and the church is financially self-sufficient. The trustees have agreed to modemise the front aspect of the church and this will be started in August 2024. The trustees also use some of our surplus funds to help mission abroad. This is achieved through relationships with those actively involved in church mission abroad and in the UK. Of the £262,206 held in our bank account - £30,000 is held in reseple. Future developments Since the end of the reporting year, the Church Membership has continued to fluctuate between 20 and 30 people. The new developments at Greenford Quay and Atrium Point have provided a small growth in attendance. The redevelopment of the church building includes a new front glass extension and with the creation of an open plan lounge and refreshment area. This open and inviting space will provide an excellent multipurpose resource for the church to use. Page 3 GREENFORD GOSPEL CHURCH TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 (continued) Trustees, Responsibilities The trustees are responsible for preparing the Annual Report and the financial statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting Practi￿. Charity law requires the trustees to prepare financial statements for each financial year 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 year. In preparing those financial statements. the trustees are required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent., state whether the policies adopted are in accordance with the Charities SORP, the Regulations made under section 44 of the Charities Act and applicable accounting standards, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on a going con￿rn basis unless it is inappropriate to assume that the charity will continue to operate. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and 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 hen￿ for taking reasonable steps for the prevention and detection of fraud or other irregularities. This report was approved by the trustees on ILik 2024. Signed on behalf of the trustees Helen Sugden Page 4 GREENFORD GOSPEL CHURCH TRUST INDEPENDENT EXAMINER'S REPORT Independent examinerfs report to the trustees of Greenford Gospel Church Trust I report to the charity trustees on my examination of the accounts of Greenford Gospel Church Trust for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Twst's accounts as carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act. or 2. the accounts do not accord with those records" or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Report) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination" or 4. the accounts have not been prepared in accordance with the methods and principl8S of 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 the Republic of Ireland (FRS 102) I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Miriam Hickson CTA FCA Jacob Cavenagh & Skeet 5 Robin Hood Lane Sutton Surrey SM12SW Date.. zi OcL