Trustees’ Annual report on Crown of Glory Church Receipts and Payments Statement from 1[st] April 2023 to 31[st] March 2024
We, the trustees of the Crown of Glory Church do submit the charity’s annual report from 1[st] April 2023 to 31st March 2024.
Our governing document is a constitution adopted on 24th February 1998.
Our charitable objects continue to remain the same: 1. Advancement of the Christian faith in the United Kingdom and Overseas and 2. Relief of the poor, sick, needy and aged. The Church continues to meet the needs of its members and the general public, which is to preach and teach the gospel of Christ in truth. In so doing the Church has worked hard to meet the spiritual and physical needs of the members and the general public. We do so by holding meetings in rented premises on each Sunday in our London branch. Our Wolverhampton branch is still closed. We will reopen the branch as soon as it becomes practicable enough to do so, so we can meet the church’s outreach goals. It is important to declare that our meetings and activities are open to people of any racial, cultural or ethnic origin. Throughout the year we have had to rely on the efforts of volunteers who have helped and supported the church’s activities in many ways, for example, witnessing to people during evangelism, setting up instruments for worship. Also, our trustees give up their time voluntarily and receive no remuneration.
This year, our annual convention was held by means of an internet radio. It was an awesome experience and it attracted a very large congregation.
Our cash funds at the bank amount to £35,909.49, all of which is unrestricted funds. These funds are held to enable us to meet any unforeseen expenditure that may come our way, as well as hold it in reserve for future development, such as for the use of acquiring our own place of worship.
Our main sources of income continue to be members’ donations in the form of tithes, offerings and HMRC repayment claim.
We look forward to the year ahead in earnest expectation of sustainable progress.
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees.
Signature: G M Asare
Full Name: Gilbert Mprah Asare
Position: Chair, Pastor
Date: 25[th] February 2025.
Charity No:1084028 Receipts & Payments Account
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CROWN OF GLORY CHURCH
INCOME AND EXPENDITURE
STATEMENT FOR YEAR ENDING 31
MARCH 2024
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| Receipts | 2024 |
|---|---|
| £ | |
| Donation (Tithes & Pledges) Inland Revenue repayment Claimed Donation from radio listeners Interest Received from Bank Accrual Bank Transfer from savings |
15,113.13 4,445.89 7,894.00 5,515.56 |
| Total Receipts | 32,968.58 |
| Expenditure(payment) | - - 16,200.00 1,987.00 - - - - - - - - - - - 3,200.00 1,850.00 3,150.00 - - 8,394.26 |
| Evangelism Cost Premises expenses bank Charges/transfer Accountancy Cost Travel Cost Van Insurance repairs & maintenance road tax fuel visitations Van Hire Purchase Equipment Pastors appreciation strictly Education Church Support Mighty Radio Support Halifax Visa other expenses per statements Total Expenditure |
|
| 34,781.26 | |
| Net of receipts /(payments) Bank baalance a/c05297699 bank baalance a/c 0573434 Total funds Bank Balance b/f 1/4/2023 Current Year net movement Cash funds for this Year End |
|
| - 1,812.68 | |
| 10,317.93 25,591.56 |
|
| 35,909.49 | |
| 31,717.76 4,191.73 |
|
| 35,909.49 |
Trustee:
Signature
Rev: Gilbert Mprah Asre Gilbert Mprah Asare Stella McManus Stella McManus Dated: 25/02/2025
Charity No:1084028
Receipts & Payments Account
| Receipts | April May June July August September October |
|---|---|
| Donation (Tithes & Pledges) Inland Revenue repayment Claimed Donation from radio listeners Interest Received from Bank Accrual Bank Transfer from savings |
2088.83 2580 1807.27 1179.35 1042.23 1614 1898 5465.66 51.51 1100 6760 |
| Total Receipts | 7606 2580 2907.27 1179.35 7802.23 1614 1898 |
| Expenditure(payment) | 1350 1350 2700 2700 1550 740 1258 6000 250 150 200 450 200 200 |
| Evangelism Cost Premises expenses bank Charges/transfer Accountancy Cost Travel Cost Van Insurance repairs & maintenance road tax fuel visitations Van Hire Purchase Equipment Pastors appreciation strictly Education Church Support Mighty Radio Support Halifax Visa other expenses per statements Total Expenditure Net of receipts /(payments) Bank baalance a/c05297699 bank baalance a/c 0573434 Total funds Bank Balance b/f 1/4/2022 Current Year net movement Cash funds for this Year End |
|
| 7700 1550 3890 0 4408 0 1550 |
|
| - 94.00 1,030.00- 982.73 1,179.35 3,394.23 1,614.00 348.00 | |
| 307.85 1,337.85 355.12 4,928.70 6,543.60 6,891.60 35,162.10 33,862.37 33,012.66 33,012.96 26,354.05 26,355.34 26,356.46 |
|
| 35,469.95 35,200.22 33,367.78 33,012.96 31,282.75 32,898.94 33,248.06 | |
| - - - - - 36,350.51 35,469.95 35,200.22 33,367.78 33,012.96 31,282.75 - 3,451.57 33,248.06 |
|
| 35,469.95 35,200.22 33,367.78 33,012.96 31,282.75 32,898.94 33,248.06 |
Trustee:
Rev: Gilbert Mprah Asre
Stella McManus
Dated: 25/02/2024
CROWN OF GLORY CHURCH INCOME AND EXPENDITURE STATEMENT FOR YEAR ENDING 31 ~~MARCH 2023~~
| 2023 | ||
|---|---|---|
| November December January February March |
£ | April May |
| 1110 1527.5 1327.26 2186 3117.42 |
18,360.44 8,583.08 - 7,860.00 |
3450 1115 |
| 1110 1527.5 1327.26 5303.42 0 |
34,803.52 | 3450 1115 |
| 1600 4380 1600 5550 775 . 1449 . |
- - 22,780.00 1,998.00 6,000.00 - - - - - - - - - - - 250.00 2,249.00 400.00 - - |
1350 108.65 120 2000 200 86.06 |
| 1600 5829 1600 5550 775 |
33,677.00 | 2108.65 1756.06 |
| - 490.00- 4,301.50- 272.74- 246.58- 775.00 | 1,126.52 | 1,341.35- 641.06 |
| 6,401.60 2,100.10 1,827.36 1,580.93 2,355.93 26,359.28 26,365.31 26,376.58 30,590.04 30,603.34 |
2,355.93 29,361.83 |
|
| 32,760.88 28,465.41 28,203.94 32,170.97 32,959.27 | 31,717.76 | -- |
| 36,350.51 36,350.51 36,350.51 29,815.19 - 3,589.63 - 7,885.10 28,203.94 - 4,179.54 3,144.08 |
29,815.19 1,902.57 |
- - - - |
| 32,760.88 28,465.41 28,203.94 32,170.97 32,959.27 | 31,717.76 | -- |
| Signature Gilbert Mprah Asare Stella McManus |
| June | July | August | September | October | November | December | January | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 2115 | 1456 | 1222 | 1823 | 1365 | 1000 | 1075 | 497 | |||
| 900 | 4600 | |||||||||
| 3015 | 1456 | 1222 | 6423 | 1365 | 1000 | 1075 | 497 | |||
| 1350 | 1350 | 1350 | 2700 | |||||||
| 250 | ||||||||||
| 250 | 1200 | 200 | 3450 | |||||||
| 86.08 | 86.04 | 86.04 | 86.04 | 86.04 | 86.04 | 86.04 | 86.04 | |||
| 1686.08 | 2636.04 | 1636.04 | 6486.04 | 86.04 | 86.04 | 86.04 | 86.04 | |||
| 1,328.92 | - | 1,180.04 | - | 414.04 | - | 63.04 | 1,278.96 | 913.96 | 988.96 | 410.96 |
| 1,601.95 | 1,601.95 | 1,601.95 | 1,601.95 | |||||||
| 34,748.56 | 34,748.56 | 34,748.56 | 34,748.56 | |||||||
| - | - | - | - | 36,350.51 | 36,350.51 | 36,350.51 | 36,350.51 | |||
| - | - | - | - | - | - | - | - | |||
| - | - | - | - | 36,350.51 | 36,350.51 | 36,350.51 | 36,350.51 | |||
| - | - | - | - | 36,350.51 | 36,350.51 | 36,350.51 | 36,350.51 |
| 2022 | |
|---|---|
| February March |
£ |
| 2877 2773 |
20,768.00 - - 5,500.00 |
| 2877 2773 |
26,268.00 |
| 5400 1350 740 . 177.5 80 95 275 900 200 86.04 . |
- - 13,500.00 740.00 250.00 - - - 108.65 177.50 295.00 - - - - 275.00 - 8,400.00 - - 860.46 |
| 6741.04 2562.5 |
24,606.61 |
| - 3,864.04 210.50 | 1,661.39 |
| 1,601.95 1,601.95 34,748.56 34,748.56 |
453.36 29,361.83 |
| 36,350.51 36,350.51 | 29,815.19 |
| - 36,350.51 36,350.51 - |
36,350.51 - 6,535.32 |
| 36,350.51 36,350.51 | 29,815.19 |
0 Signature Gilbert Mprah Asare Stella McManus
Charity No:1084028 Receipts & Payments Account
| Receipts | April May June July August September October |
|---|---|
| Donation (Tithes & Pledges) Inland Revenue repayment Claimed Donation from radio listeners Interest Received from Bank Accrual Bank Transfer from savings |
3450 1115 2115 1456 1222 1823 1365 900 4600 |
| Total Receipts | 3450 1115 3015 1456 1222 6423 1365 |
| Expenditure(payment) | 1350 1350 1350 1350 2700 250 108.65 120 2000 200 250 1200 200 3450 86.06 86.08 86.04 86.04 86.04 86.04 |
| Evangelism Cost Premises expenses bank Charges/transfer Accountancy Cost Travel Cost Van Insurance repairs & maintenance road tax fuel visitations Van Hire Purchase Equipment Pastors appreciation strictly Education Church Support Mighty Radio Support Halifax Visa other expenses per statements Total Expenditure Net of receipts /(payments) Bank baalance a/c05297699 bank baalance a/c 0573434 Total funds Bank Balance b/f 1/4/2021 Current Year net movement Cash funds for this Year End |
|
| 2108.65 1756.06 1686.08 2636.04 1636.04 6486.04 86.04 |
|
| 1,341.35- 641.06 1,328.92- 1,180.04- 414.04- 63.04 1,278.96 | |
| 1,601.95 34,748.56 |
|
| ------ 36,350.51 | |
| - - - - - - - - - - - - - 36,350.51 |
|
| ------ 36,350.51 |
Trustee:
Rev: Gilbert Mprah Asre
Stella McManus
Dated: 26/02/2022
CROWN OF GLORY CHURCH INCOME AND EXPENDITURE STATEMENT FOR YEAR ENDING 31 ~~MARCH 2022~~
| 2022 | ||
|---|---|---|
| November December January February March |
£ | April May |
| 1000 1075 497 2877 2773 |
20,768.00 - - 5,500.00 |
2739 1350 1350 270 95.16 95.18 500 400 100 200 |
| 1000 1075 497 2877 2773 |
26,268.00 | |
| 5400 1350 740 . 177.5 80 95 275 900 200 86.04 86.04 86.04 86.04 . |
- - 13,500.00 740.00 250.00 - - - 108.65 177.50 295.00 - - - - 275.00 - 8,400.00 - - 860.46 |
|
| 86.04 86.04 86.04 6741.04 2562.5 |
24,606.61 | 2045.16 2315.18 |
| 2315.18 270.02 2691.86 3115.68 |
||
| 913.96 988.96 410.96- 3,864.04 210.50 | 1,661.39 | |
| 1,601.95 1,601.95 1,601.95 1,601.95 1,601.95 34,748.56 34,748.56 34,748.56 34,748.56 34,748.56 |
453.36 29,361.83 |
|
| 36,350.51 36,350.51 36,350.51 36,350.51 36,350.51 | 29,815.19 | |
| - - - - 36,350.51 36,350.51 36,350.51 36,350.51 36,350.51 - |
36,350.51 - 6,535.32 |
|
| 36,350.51 36,350.51 36,350.51 36,350.51 36,350.51 | 29,815.19 | |
| 0 | Signature Gilbert Mprah Asare Stella McManus |
| June | July | August | September | October | November | December | January |
|---|---|---|---|---|---|---|---|
| 2110 | 3184 | 2074 | 1796 | 2650 | 9390.05 | 4435 | 1440 |
| 1350 | 2700 | 2700 | 2700 | 1350 | |||
| 95.16 | 95.16 | 95.16 | 95.16 | 95.16 | 95.16 | 95.16 | |
| 1000 | |||||||
| 250 | 400 | 700 | 250 | 450 | 700 | 1000 | |
| 96.5 | 300 | ||||||
| 1695.16 | 3291.66 | 95.16 | 3400 | 345.16 | 3245.16 | 3445.16 | 1095.16 |
| 3530.52 | 262.86 | 2241.7 | 592.54 | 2897.38 | 1042.27 | 32.11 | 476.95 |
| 2021 | |
|---|---|
| February March |
£ |
| 3130 129 1350 135 400 20 |
5 34,243.05 - - - |
| 34,243.05 | |
| - - 0 16,200.00 270.00 - - - - 856.46 - - - - - - 1,000.00 - 0 5,250.00 - 300.00 396.50 |
|
| 1750 155 |
0 24,272.96 |
| 1856.95 1601.9 |
|
| 9,970.09 | |
| 5 1,601.95 34,748.56 |
|
| 36,350.51 | |
| 23,714.80 12,635.71 |
|
| 36,350.51 |
Signature
Gilbert Mprah Asare Stella McManus
Charity No:1084028
Receipts & Payments Account
| Receipts | April May June July August September October |
|---|---|
| Donation (Tithes & Pledges) Inland Revenue repayment Claimed Donation from radio listeners Interest Received from Bank Accrual Total Receipts Expenditure(payment) |
2739 2110 3184 2074 1796 2650 1350 1350 1350 2700 2700 270 95.16 95.18 95.16 95.16 95.16 95.16 500 400 250 400 700 250 100 200 96.5 |
| Evangelism Cost Premises expenses bank Charges Accountancy Cost Travel Cost Van Insurance repairs & maintenance road tax fuel visitations Van Hire Purchase Equipment Pastors appreciation strictly Education Church Support Mighty Radio Support Halifax Visa other expenses per statements Total Expenditure Net of receipts /(payments) Bank baalance a/c05297699 bank baalance a/c 0573434 Total funds Bank Balance b/f 1/4/2020 Current Year net movement Cash funds for this Year End Trustee: Rev: Gilbert Mprah Asre Stella McManus Dated: 26/02/2022 |
|
| 2045.16 2315.18 1695.16 3291.66 95.16 3400 345.16 |
|
| 2315.18 270.02 2691.86 3115.68 3530.52 262.86 2241.7 592.54 2897.38 |
| 202 h £ 5 34,243.05 - - - |
1Notes/Activit | _ie_April May June July August September |
|
|---|---|---|---|
| November December January February Marc |
1942.01 1,705.02 1,565.32 1,969.59 1,959.61 1,305.20 | ||
| 9390.05 4435 1440 3130 129 2700 1350 1350 135 95.16 95.16 95.16 1000 450 700 1000 400 20 300 |
|||
| 34,243.05 | 1,942.01 1,705.02 1,565.32 1,969.59 1,959.61 1,305.20 | ||
| - - 0 16,200.00 270.00 - - - - 856.46 - - - - - - 1,000.00 - 0 5,250.00 - 300.00 396.50 |
1050 1050 1300 1300 1300 1300 20.07 61 100 53 52 50 95.96 95.97 95.96 1,459.96 1,271.76 293.96 |
||
| 3245.16 3445.16 1095.16 1750 155 |
0 24,272.96 | 1,206.96 1,266.04 1,395.96 2,812.96 2,623.76 1,643.96 | |
| 1042.27 32.11 476.95 1856.95 1601.9 |
Tr | ||
| 9,970.09 | |||
| 5 1,601.95 34,748.56 |
|||
| 36,350.51 | |||
| 23,714.80 12,635.71 |
|||
| 36,350.51 | |||
| Signature Gilbert Mprah Asare Stella McManus |
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CROWN OF GLORY CHURCH
INCOME AND EXPENDITURE
STATEMENT FOR YEAR
ENDING 31 MARCH 2021
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October November December January February M 2020 £ 3,514.38 3,440.81 3,505.39 2,111.15 2,010.71 ## 27,617.01 ## 5,317.43 - - 3,514.38 3,440.81 3,505.39 2,111.15 2,010.71 ## 32,934.44 - - 1300 1400 1,350.00 1350 1350 14,050.00 - - - - - - - 260 260.00 20.07 - - - 1000 1,000.00 256.30 256.30 1200 1,200.00 - 100 50 ## 611.00 102.96 1,565.96 1,255.96 845.96 390.00 ## 8,083.42 1,662.96 5,265.96 2,862.26 2,245.96 1,740.00 ## 25,480.79 7,453.65 8682.02 15,032.78 23,714.80 16,703.53 7,011.27 23,714.80
CROWN OF GLORY CHURCH INCOME AND Charity No:1084028 EXPENDITURE STATEMENT FOR YEAR ENDING Receipts & Payments Account 31 MARCH 2020
| Receipts | 2020 2019 £ £ 27,617.01 24,351.40 5,317.43 5,250.93 - - - - |
|---|---|
| Donation (Tithes & Pledges) Inland Revenue repayment Claimed Donation from radio listeners Interest Received from Bank Accrual Total Receipts Expenditure(payment) |
|
| 32,934.44 29,602.33 | |
| - - 14,050.00 10,500.00 - 2,938.00 - - - - - - - - - 788.40 260.00 290.00 20.07 298.91 - - - 280.00 - - 1,000.00 1,603.47 256.30 750.00 1,200.00 605.00 - - 611.00 604.00 8,083.42 5,093.23 |
|
| Evangelism Cost Premises expenses bank Charges Accountancy Cost Travel Cost Van Insurance repairs & maintenance road tax fuel visitations Van Hire Purchase Equipment Pastors appreciation strictly Education Church Support Mighty Radio Support Halifax Visa other expenses per statements Total Expenditure Net of receipts /(payments) Bank baalance a/c05297699 bank baalance a/c 0573434 Total funds Bank Balance b/f 1/4/2019 Current Year net movement Cash funds for this Year End |
|
| 25,480.79 23,751.01 | |
| 7,453.65 5,851.32 | |
| 8682.02 1228.37 15,032.78 15,475.16 |
|
| 23,714.80 16,703.53 | |
| 16,703.53 9,784.17 7,011.27 6,919.36 |
|
| 23,714.80 16,703.53 |
Trustee:
Signature
Rev: Gilbert Mprah Asre Gilbert Mprah Asare Stella McManus Stella McManus Dated: 22/02/2021
Charity No:1084028 Receipts & Payments Account
CROWN OF GLORY CHURCH INCOME AND EXPENDITURE STATEMENT FOR YEAR ENDING 31 MARCH 2019
| Receipts | Notes/Activit | _ie_April May June July August SeptemberOctober November December January February March |
2019 2018 £ £ 24,351.40 28,334.15 5,250.93 5,825.95 - - - - |
|---|---|---|---|
| 1675.22 1,596.75 2,270.85 2,000.69 1,679.27 1,512.94 3,581.22 1,703.61 2,214.68 2,631.43 1,502.85 1,981.89 5,250.93 |
|||
| Donation (Tithes & Pledges) Inland Revenue repayment Claimed Donation from radio listeners Interest Received from Bank Accrual Total Receipts Expenditure |
|||
| 1,675.22 1,596.75 2,270.85 2,000.69 1,679.27 1,512.94 3,581.22 1,703.61 7,465.61 2,631.43 1,502.85 1,981.89 | 29,602.33 34,160.10 | ||
| 1050 1050 2100 1050 1050 1,050.00 1050 1050 105 2236 338 364 527 261. 250 40 73.91 50 75 100.00 280 103.47 1000 500 750 605 120 53 102 51 75 70 70 6 1,050.00 103.47 1,022.47 103.47 103.47 303.47 153.47 1,465.47 398.47 389.47 |
0 10,500.00 10,500.00 2,938.00 4,500.00 - - - 540.00 - 700.00 4 788.40 820.00 290.00 240.00 298.91 351.02 - 163.99 280.00 548.79 - 609.00 1,603.47 1,600.00 750.00 243.86 605.00 3,300.00 - - 3 604.00 740.96 5,093.23 9,508.91 |
||
| Evangelism Cost Premises expenses bank Charges Accountancy Cost Travel Cost Van Insurance repairs & maintenance road tax fuel visitations Van Hire Purchase Equipment Pastors appreciation strictly Education Church Support Mighty Radio Support Halifax Visa other expenses per statements Total Expenditure Net of receipts /(payments) Bank baalance a/c05297699 bank baalance a/c 0573434 Total funds Bank Balance b/f 1/4/2018 Current Year net movement Cash funds for this Year End Trustee: Rev: Gilbert Mprah Asre Stella McManus Dated: 27/02/2020 |
|||
| 2,023.47 1,758.47 2,125.47 2,203.47 1,255.47 678.38 4,564.47 2,158.47 1,548.47 2,049.47 2,011.00 1,374.40 | 23,751.01 34,366.53 | ||
| 5,851.32- 206.43 | |||
| 1228.37 777.05 15,475.16 9,007.12 |
|||
| 16,703.53 9,784.17 | |||
| 9,784.17 10,461.90 6,919.36 - 677.73 |
|||
| 16,703.53 9,784.17 | |||
| Signature Gilbert Mprah Asare Stella McManus |
Forming an opinion of Crown of Glory Church (Charity No. 1084028) Income and Expenditure Statement for Year Ending 31 March 2024.
I have examined the Income and Expenditure of the above organisation and report as follows:
Basis of Opinion:
I examined the The financial records have, including bank statements relating to the twelve months up to 31 March 2024.
Opinion:
In my opinion, the financial statement gives a true and fair view of the state of the charity’s affairs as at 31 March 2024 and of its surplus (deficit) for the year then ended. The accounts do not require an audit in accordance with part 16 of the company Act 2006.
Recommendations:
The records of the activities have improved but these transactions must be recorded on the template provided monthly. The following recommendations must be adapted in order to maintain good bookkeeping standards:
-
The charity can benefit from recording its transactions using a simple accounting software and linking its bank accounts to such applications for ease of completing its returns.
-
The charity has no fixed assets, therefore, must improve the record of its income and expenditure. The current account and savings reflect the current asset position.
-
The main balance sheet item is the movement in cash which also serves as the working capital.
Independent Examiner
Mr Charles Antwi (ACMA, CGMA)
CAB Financial Services Ltd.
35 St. Clair Road
London
E13 9DU
Dated 25/02/2024