GLORYLAND PENTECOSTAL MINISTRIES ANNUAL REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MAY 2024. REGISTERED CHARITY NO.. 1083136
GLORYLAND PENTECOSTAL MINISTRIES INDEX TO THE ACCOUNTS PAGE Charity Information Report of the Independent Examiners 3&4 Statement of Income & Expenditure Balance Sheet Notes to the Accounts
GLORYLAND PENTECOSTAL MINISTRIES LEGAL AND ADMINISTRATION INFORMATION CHARITY REGISTRATION NO: 1083136 BOARD OF TRUSTEES Mr Morris Johnson Chairman Mrs Afua Apraku Secretary Rev. Joseph Apraku Vice Secretary Mr Sam Osei Treasurer Mr Sam Ayetine Finance Secretary Registered Of f ice 84 Lewis Road Mitcham Surrey CR4 3DE Independent Examiners Darnel & Co. 11 Smitham Downs Road Purley Surrey CR8 4NH
INDEPENDENT EXAMINER I S REPORT TO THE TRUSTEES OF GLORYIaND PENTECOSTAL MINISTRIES I report on the accounts of the Trust for the year ended 31 May 2024, which are set out on the foregoing pages. Riéspective responsibilities of trustees and examiner T."he Charity's trustees are responsible for the preparation o.f the accounts. The Charity's trustees consider that an aijdit is not required for this year (under Section 43 12) o.f the Charities Act 1993 (the 1993 Act) and that an 111dependent Examination is needed. It is my responsibility to: examine the accounts (under Section 43 (3) (al of the 1993 Act,. to follow the procedures laid dot•m in the General Directions given by the Charity Conunissioners (under Section 4317) Ib) of the 1993 Act), and to state whether particular matters have come to my attention. B¢asi s of Independént Examiner ' s Report exarnination was carried out in accordance with the General D.'irections given by the Charity Con)missioners. An examination i".ncludes a review of the accounting records kept by the Charity a.nd a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you a,s trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an aiidit, and consequently I do not express an audit opinion on the tkie view given by the accounts.
Independent Examiner ' s Statement In connection with my examination, no matter has come to my attention: 111 which gives me reasonable cause to believe that in any material respect the requiremenES to keep accounting records in accordance with Section 41 of the 1993 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met: or 12) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. LI,.ONARD AKANO DJ4RNEL & CO. ALCOUNTANTS I."1 SMITHAM DOWNS ROAD PIJRLEY, SURREY Cl.18 4NH.
GLORYLAND PENTECOSTAL MINISTRIES STATEMENT OF INCOME & EXPENDITURE FOR THE FINANCIAL YEAR ENDED 31 M31Y 2024. Iiicome ( l ) LI=. SS EXPENSES: 38,231 IIqCGB 675 Rent 11,779 5, 889 3,106 Piostage & stationery Cionullunication Welfare M'usic 9,460 1,033 Transportation Di)nations O."Ef ering to Pastors/Churches A(-countancy f ees (3) REJf reshments Miscellaneous 4, 097 144 700 300 5, 437 1, 706 Net Surplus/ (Deficit) {44,3261 ( 6,095) Oli behalf of the Trustees .Trustee .Trustee 8 NOVEMBER 2024.
GLORYLAND PENTECOSTAL MINISTRIES BALANCE SHEET AS AT 31 MAY 2024. CURRENT ASSETS: Cash at bank and in hand 44,904 Net Current Assets 44,904 44,904 FINANCED BY: Retained Surplus Surplus/ (Def icit I for the year 50, 999 ( 6, 0951 44,904
GLORYLAND PENTECOSTAL MINISTRIES NOTES TO THE ACCOUNTS INCOME: Thanksgiving Tithes 1,075 10,485 11,774 6, 942 7, 955 Of f erings Gift Aid other Sources TOTAL 38,231 DEPRECIATION: Bal b/f Addns Total Dep NBV nil Fixtures & f itt Of f ice Equipment nil Fixtures & fittings are depreciated at the rate of 15% per annum on cost and Computer Equipment is at the rate of 20% per annum on cost. On this basis, all assets now have a zero book balance. 1".31 Darnel & Co. were paid a fee of £300 for providing the services of Independent Exaroination. 1,4 ) CCOUNTING POLICIES: The financial statements have been prepared in accordance with the applicable standards and following the recommendations in the statement Of Recoromended Practice . Accounting by Charities ISORP) issued October 1995. bl Incorne received is in the form of gifts and donations and is given on a voluntary basis.