## **FULL GOSPEL REVIVAL CENTRE**
**REGISTERED CHARITY NUMBER 1099321**
**FINANCIAL STATEMENT FOR THE YEAR ENDED 31st MARCH 2024**
## **Solutions Accountants & Financial Services Ltd**
149 Radford Road, Nottingham NG7 5EH, Tel/Fax 0115 8224993 www.solutionsaccountants.co.uk, e-mail info@solutionsaccountants.co.uk
## **FULL GOSPEL REVIVAL CENTRE FINANCIAL STATEMENT FOR THE YEAR ENDED 31st MARCH 2024**
|**CONTENTS**|PAGE|
|---|---|
|GENERAL INFORMATION|1|
|TRUSTEES & INDEPENDENT EXAMINATION REPORT|2 & 6|
|STATEMENT OF FINANCIAL ACTIVITIES|7|
|BALANCE SHEET|8|
|NOTES FORMING PARTS OF FINANCIAL STATEMENTS|9 to 12|
## **FULL GOSPEL REVIVAL CENTRE FOR THE YEAR ENDED 31st MARCH 2024**
## **Trustees**
Rev S E Thomas Trustee Rev H Edwards Trustee J R Jeffers Trustee Monica Peddy Trustee
## **Charity registration Number**
1099321
## **Registered Office**
97 Bathley Street 2 Collygate Road Meadows Nottingham Meadows NG2 2EE Nottingham NG2 2EE
## **Bankers**
TSB Business Banking
## **Independent Examiners**
Beerbal & Co Chartered Accountants & Solutions Accountants & Financial Services Ltd 149 Radford Road Nottingham NG7 5EH www.solutionsaccountants.co.uk
Page 1
## **Full Gospel Revival Centre Trustees’ Annual Report**
## **1. Church Information**
- Church Name: Full Gospel Revival Centre
- Registered Charity Number: 1099321
- Address: 97 Bathley Street, The Meadows, NG2 2EE
## 2. **Purpose & Mission:**
Our mission is to embody love, serve others, encourage transformation, and model strong, effective leadership. We aim to empower both our church congregation and the wider community by creating an environment where people can grow spiritually, experience support and compassion, and be equipped to make a positive impact in the world around them.
## 3. **Governance:**
The church is overseen by a board of four trustees:
- Revered Samuel Thomas - Chair
- Pastor Howard Edwards - Treasurer
- Monica Peddie - Secretary
- Ronald Jeffers
No changes in trusteeship occurred. The church relies heavily on volunteers who serve in worship, men's, women's and children’s ministry, outreach, and administration.
## **4. Objectives and Activities:**
The charity continued to pursue its core objective of advancing the Christian faith through worship, discipleship, outreach, and community engagement. To achieve this, the following key activities were delivered throughout the year:
- Weekly Sunday services
- An annual summer BBQ, open to the church and wider community
- Youth ministry expansion, including new Sunday School teachers
- Monthly prayer and fasting gatherings, encouraging spiritual growth and unity
- Hosting a Men's, Women’s, Youth and an Annual Convention
- Conducting a baptism for new believers
- Weekly discipleship groups and teaching bible study sessions
- Community outreach initiatives
- Ongoing evangelism outreaches
Page 2
## **5. Activities & Achievements of the Year**
This year saw significant development across our ministries and projects. Below is a summary of the main achievements:
- Sunday Attendance: Average weekly attendance remained steady with peak services reaching over 70 attendees during special events.
- New weekly coffee mornings
- Established a homework support club for local children,
- Delivered a structured training programme resulting in volunteers improving leadership skills to run various ministries.
- Held regular all-night prayer meetings
- Building Improvements: Successfully installed new lighting in the main hall, improving safety and usability of the premises.
## **6. Risk Management**
The trustees regularly review the major risks faced by the church, including safeguarding, financial controls and health and safety. Procedures are in place to manage and reduce these risks, including a safeguarding policy for children and vulnerable adults, DBS checks for relevant volunteers, financial oversight and annual reviews of insurance coverage. The trustees are satisfied that appropriate systems are in place to mitigate risks and ensure the church operates safely and responsibly.
## 7. **Financial Summary:**
During the year the church received a grant of £5,000 from Another Way Community Grant - Violent Reduction Partnership to support our youth ministry, including the launch of a weekly homework club. A Near Neighbours grant of £3,770 was also received to complete a youth ministry project called Sound and Social focused on improving young people’s mental health.
## 8. **Tithes and offering income:**
- In the recent fiscal year, total income from tithes and offerings amounted to £101,444/-, which reflected an increase of 18% compared to the previous year.
**9. Expenses:**
In this recent fiscal year, total expenses were £100,158/- The trustees are satisfied that all expenditure was necessary, appropriate and applied effectively to make a tangible difference to our beneficiaries and society as a whole.
Giving remained stable and fundraising activities were done. Major expenses included building repairs, first aid training and the purchase of a defibrillator to improve health and safety on the premises.
## **10. Future Plans:**
- Leadership training for new leaders
- Plan sanctuary refurbishment
Page 3
- Support men, women and youth with ministry gifts to serve as servant-leaders
- Equip, empower and release lay leaders to serve as ministry partners both inside and outside the local church
- Improve community relations
## 11. **Public Benefit:**
The trustees confirm the church operates for the public benefit.
**Approved by the trustees on:**
**Signed on behalf of the trustees:**
**Name:** Howard Edwards **Position:** Chair of Trustees **Signature:** _H. Edwards
Page 4
## **FULL GOSPEL REVIVAL CENTRE REGISTERED CHARITY NUMBER 1099321 FOR THE YEAR ENDED 31st MARCH 2024**
## **Statement of Trustees' responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities 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 incoming resources and application of resources of the charity for that period. In preparing these 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 applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that 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, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable incorporated organisation. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Howard Edwards Trustee
Page 5
## **FULL GOSPEL REVIVAL CENTRE Independent Examiner's Report FOR THE YEAR ENDED 31st MARCH 2024**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
I report on the accounts of the charity, which are set out on page 7 & 8.
## **Respective responsibilities of trustees and Examiner**
The trustees of Full Gospel Revival Centre are responsible for the preparation of the accounts, the trustees consider that an Audit is not required for this year under section 144(2) of the Charities Act 2011 and that an Independent examination is needed.
It is my responsibility to:
1. Examine the accounts under section 145 of the 2011 Act
2. Follow the procedure laid down in the general direction given by the charity commissioners under section 145(5)(b) of the 2011 Act; and
3. State whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general directions given by the charity commission. 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 explanations from you as trustees concerning and such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether matters set out in the statement below. Our work was conducted in accordance with the statement of standards of reporting accountants, and so our procedures procedures consisted of comparing the accounts with the accounting records kept by the charity, and making such limited enquires of the officers of the charity as we considered necessary for the purpose of the reporting. These procedures provided only the assurance expressed in our opinion.
In connection with my examination, no other matters has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirement:
- **.** to keep accounting records in accordance with section 130 of the 2011 Act and
- **.** to prepare accounts which accord with the accounting records and comply with
- the accounting requirements of the 2011 Act 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. of the accounts to be reached.
## Qazi Naveed
----------------------------------------------------------------
Date: 29/10/2025
Qazi Naveed Arshad (FIAB, MA) For & on behalf of Beerbal & Co Chartered Accountants & Solutions Accountants & Financial Services Ltd 149 Radford Road Nottingham NG7 5EH
Page 6
## **FULL GOSPEL REVIVAL CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st MARCH 2024**
|**Note**
**INCOMING RESOURCES**
**Incoming Resources from Generated Funds**
Voluntary income
4
Investment income
4
**Total Incoming Resources**
**RESOURCES EXPENDED**
Charitable activities
Gift & Donations
4a
Other Charitable Purposes
4a
Governance costs
4a
**Total Expenditure**
**Net (Expenditure)**
Investment (deficits)/surpluses
**Net Movement in funds before Transfers**
Gross Transfers between funds
**Net movement in funds**
Total funds brought forward
**_(FY-2023)_**
**Total funds carried forward**|**Unrestricted Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2024**
£
£
£
90,148
870
91,018
10,426
-
10,426|**Total**
**Funds**
**2023**
£
77,413
8,783|
|---|---|---|
||**100,574**
**870**
**101,444**|**86,196**|
||270
-
270
7,162
10,331
17,493
82,395
-
82,395|125
15,717
55,890|
||**89,827**
**10,331**
**100,158**|**71,732**|
||||
||**10,747**
**(9,461)**
**1,286**|**14,464**|
||-
-
-|-|
||10,747
(9,461)
**1,286**|14,464|
||||
||139,980
19,191
**159,171**|144,707|
||||
||**150,727**
**9,730**
**160,457**|**159,171**|
The notes on page 9 to 12 form an integral part of this financial statement.
Page 7
## **FULL GOSPEL REVIVAL CENTRE**
## REGISTERED CHARITY NUMBER 1099321 **Balance Sheet as at 31st March 2024**
|||Unrestricted
funds|Restricted
funds|**2024**|**2023**|
|---|---|---|---|---|---|
||**Note**|**£**|**£**|**£**|£|
|**Fixed Assets**||||||
|Tangible Assets|7|153,219|-|153,219|157,828|
|**Current Assets**||||||
|Cash at bank and in hand||65,921|-|65,921|140,671|
|Other Debtors||7,932|-|7,932|-|
|||73,853|-|73,853|140,671|
|**Creditors: Amounts Falling due**||||||
|**within one year**|8|(315)|-|(315)|(56,417)|
|**Net current Assets**||**73,538**|**-**|**73,538**|84,254|
|**Total Assets less current liabilities**||**226,757**|**-**|**226,757**|242,082|
|**Creditors: Amounts Falling due**|9|(66,300)|-|(66,300)|(82,911)|
|**after more than one year**||||||
|**Net Assets**||||**160,457**|**159,171**|
|**FUNDS**|10|||||
|Unrestricted Funds||||150,727|139,980|
|Restricted Funds||||9,730|19,191|
|**TOTAL FUNDS**||||**160,457**|**159,171**|
## **EXEMPTION STATEMENT**
The trustees of FULL GOSPEL REVIVAL CENTRE are responsible for the preparation of the accounts, the trustees consider that an Audit is not required for this year under section 144(2) of the Charities Act 2011 and that an Independent examination is needed.
## **The Trustees acknowledge their responsibilities for:**
1) complying the with the requirements of charity 2011 Act i.e. Charity keeps appropriate accounting records for preparation of Financial statements.
2) Charity has Prepared the accounts which give a true and fair view of the state of affairs of the charity end of the financial year 2024, and of its income and expenditure account, in accordance with the requirements of charity Act 2011.
These accounts have been delivered in accordance with the provision applicable to small charities, and in accordance with the financial reporting standard for smaller Entities were approved by the Management Committee.
The financial statements on page 3 to 9 were approved by the trustees, and authorised for issue on 9 to 12 ……………………. and signed on their behalf by:
-------------------------------------------------------------
## **TRUSTEE Rev S E Thomas**
The notes on page 9 to 12 form an integral part of this financial statement.
Page 8
**FULL GOSPEL REVIVAL CENTRE Notes forming part of these financial statements FOR THE YEAR ENDED 31st MARCH 2024**
## **1 ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantifled with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to the activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Building|2% on Cost|
|---|---|
|Plant and lvlachinery|20% on Cost|
|Motor vehicles|25% on Cost|
The Building at 117 Bathley Street, NG2 2EE was mortgaged in April 2007 at the value of £230,000. lt is depreciated on a 2 Collygate Road Meadows Nottingham straight line bases as noted in note.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2 INVESTMENT INCOME**
|**2**|**INVESTMENT INCOME**||||
|---|---|---|---|---|
|||**2024**|**2023**||
|||£|£||
||Bank Interest Received|**580**||306|
|**3**|**NET INCOMING/(OUTGOING) RESOURCES**||||
|||**2024**|**2023**||
||Net resources are stated after charging/ (crediting):|£|£||
||Depreciation - owned assets|**4,609**||4,609|
Page 9
## **Notes forming part of these financial statements (continued) FOR THE YEAR ENDED 31st MARCH 2024**
|**4**
**INCOMING RESOURCES**
**Voluntary income**
Gifts, Tithes & Offering
Gift Aid Tax received
Building Fund
Community Fund
Hiring of Facilities
Men Department
Utilities Refund
Sundry Income
Investment income
Rent income
Bank Interest Received
Total incoming resources
**4a**
**RESOURCES EXPENDED**
**Charitable Activities**
Donations
Transportation
Programmes
Hospitality
Specific Building improvements
**Governance costs**
Staff costs
Advertising & Marketing
Light & Heat & Water & Rates
Telephone
Printing, postage & Stationery
Sundry Cost
Subscriptions & Registrations
lnsurance and Licence
Legal & Professional fees
General Expenses
Repairs and Maintenance
Motor vehicle Running cost
Office Equipment / lT
Depreciation
Bank Charges
Mortgage Interest
Total resource expended
Net income/(expenditure)|**2024**
**2023**
£
£
71,050
-**71,050**63,394
7,443
-**7,443**13,178
-
870**870**798
-
-**-**-
225
-**225**
-
-
-**-**-
7,885
-**7,885**-
3,545
- 3,545 43|
|---|---|
||90,148
870
**91,018**
77,413
9,846
-**9,846**8,477
580
-**580**306|
||10,426
-
**10,426**
8,783
100,574
870
**101,444**
86,196
270
-
**270**
125
2,300
-
**2,300**
2,410
659
-
**659**
2,827
4,203
-
**4,203**
3,040
-
10,331
**10,331**
7,440|
||7,162
10,331
**17,493**
15,717
7,200
-
**7,200**
6,700
-
-
**-**
-
42,914
-
**42,914**
16,315
2,755
-
**2,755**
2,464
606
-
**606**
1,186
-
-
**-**
462
-
-
**-**
-
6,241
**6,241**
5,680
1,510
**1,510**
1,671
6,212
**6,212**
3,655
2,184
**2,184**
4,248
1,218
**1,218**
558
1,232
**1,232**
2,133
4,609
**4,609**
4,609
1,003
**1,003**
955
4,711
**4,711**
5,254|
||**82,395**
**-**
**82,395**
55,890|
||89,827
10,331
**100,158**
71,732|
||10,747
(9,461)
**1,286**
14,464|
Page 10
## **Notes forming part of these financial statements (continued) FOR THE YEAR ENDED 31st MARCH 2024**
## **5 TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31st March 2024.
## **Trustees' Expenses**
There were no trustees' expenses paid neither for the year ended 31 March 2023 nor for the year ended 31st March 2024.
|**6**
**STAFF COSTS**
Wages & Salaries
**7**
**FIXED ASSETS**
£
£
**COST or VALUATION**
**Building**
**Plant & Machinery**
B/F
230,000
35,881
Addition
-
-
Disposal
-
-
**At 31st March 2024**
**230,000**
**35,881**
**Depreciation**
Accumulated
72,500
35,554
Charge for the year
4,500
109
On Disposals
-
-
**At 31st March 2024**
**77,000**
**35,663**
**Net Book Value**
Closing Balance
**153,000**
**218**
Opening Balance
157,500
327
**8**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other Creditors
Accrued Expenses
**9**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank Loan
Amounts falling due in more than five years:
Repayable by instalments:
Bank Loan||**2024**
**2023**
£
£
**7,200**
6,700|**2024**
**2023**
£
£
**7,200**
6,700|
|---|---|---|---|
|||||
||£
£
**Building**
**Plant & Machinery**
230,000
35,881
-
-
-
-|£
**Motor Vehicle**
11,061
-
-|**£**
**Total**
**276,942**
**-**
**-**|
||**230,000**
**35,881**|**11,061**|**276,942**|
||72,500
35,554
4,500
109
-
-|11,060
-
-|**119,114**
**4,609**
**-**|
||**77,000**
**35,663**|**11,060**|**123,723**|
|||||
||**153,000**
**218**|**1**|**153,219**|
||157,500
327|1|**157,828**|
|||**2024**
**2023**
£
£
**315**
316
-
56,101||
|||**315**
56,417||
|||**2024**
**2023**
£
£
**66,300**
82,911||
|||**66,300**
82,911||
Page 11
## **Notes forming part of these financial statements (continued) FOR THE YEAR ENDED 31st MARCH 2024**
## **10 MOVEMENT IN FUNDS**
|**MOVEMENT IN FUNDS**||
|---|---|
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Restricted
**TOTAL FUNDS**|**At 1/4/23**
**Net Movement**
**in Funds**
**At 31/3/24**
£
£
£
139,980
10,747
150,727
19,191
(9,461)
9,730|
||**159,171**
**1,286**
**160,457**|
||**Incoming**
**Resources**
**Resources**
**Expended**
**Movement in**
**Funds**
£
£
£
100,574 89,827 10,747
870 10,331 (9,461)|
||**101,444 100,158 1,286**|
Page 12