Dagenham Gospel Trust
(A company limited by guarantee)
Report and Financial Statements
for the year ended 31 December 2024
Charity No: 1101492
Company No: 4964578
'AEBC3UQA•
1810912025
COMPANIES HOUSE
A16
#191

Dagenham Gospel Trust
Report and Financial Statements- 31 December 2024
Annual Report for the year ended 31 December 2024
The trustees are pleased to present their annual report together with the financial statements
of the charity for the year ended 31 December 2024 which are also prepared to meet the
requirements for a directors, report and accounts for Companies Act purposes. The financial
statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum
and Articles of Association, and 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 Republic of Ireland (FRS 102)
(effective 1 January 2015).
Reference and Administrative Information
Charity Name".
Charity registration number..
Company registration number..
Dagenham Gospel Trust
1101492
4964578
Registered Office:
86 Rogers Road, Oagenham, RM10 8JX
Trustees
Simon Jordan
Karen Foster
Helen Read
Kay Tidman
Chair of Trustees
Secretary
Sydnie Jordan
Indepondent Examiner
Alan Gray FCA
Chartered Accountant
73 Shepherds Hill
Harold Wood
RM3 ONP
Objectlves and Activities
Objects
The objects of the Charity stated in the Memorandum and Articles of Association are the
advancement of the Christian Faith particularly in the London Borough of Barking and
Dagenham by the support, deployment and Iraining of Christian ministers and workers
committed to the proclamation and teaching of the Word of God and testimony of Jesus Christ
as set forth in Scripture and the provision of other resources for Christian ministry.
Activities
The activities of the Trust flow from its objects and are split between the support and
deployment of Christian workers and the training of Christian workers. When planning our
activities, the Trustees have considered the Commission's guidance on public benefit and the
specific guidance on charities for the advancement of religion.
Support and deployment of Christian workers
From August 2024, the Trust employed Matthew Harvey as an Assistant Minister, seconded
to St George's Church in Dagenham.
Training of Christian workers
From time to time the Trust also makes grants to train men and women in Christian ministry.
The Trustees did not make any grants in 2024.
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Dagenham Gospel Trust
Report and Financial Statements- 31 December 2024
Achievements and Performance
Highlights included-
Matthew Harvey's secondment to St George's Church as a lay assistant minister. He
will be trained in all appropriate aspects of parish ministry by the incumbent over the
next 3 years. This includes overseeing two of the after-school children's clubs that
were previously run by Shona Hannant whose employment by the Trust ended in
2023 when she left to take up a new post.
Financial Review
The Trust continued to receive a mixture of regular and one-off donations from individuals and
churches.
Income increased from £21.561 in 2023 to £69,633. The main contributor was
donations and grants towards the Assistant Minister fund.
Expenditure increased from £22,019 in 2023 to £28,447. This reflected Shona
Hannant's employment ending in September 2023 and Matthew Harvey's
employment beginning in August 2024.
As at 31 December 2024, the accounts show a fund balance of £116,798,
Donated servlc•8
Donated services were provided for accounting and general administration on a voluntary
basis. No Trustees received any remuneration during the period.
Reserves pollcy
The Trustees have a policy where funds held by the Trust should be no less than the annual
salary cost. This is to ensure that staff can be employed for the coming year and to allow time
to raise the necessary funds.
Plans for Future Periods
Based on the Trust's resenrfes and pledges from current donors, the Trustees forecast that
the Trust's commitments in 2025 will be met in full. This includes the employment costs of an
Assistant Minister, seconded to St George's Church.
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Dagenham Gospel Trust
Report and Financial Statements- 31 December 2024
Structure, Governance and Management
Governing Document
The organisation is a Charitable Company Limited by Guarantee. incorporated on 14
November 2003 and registered as a charity on 13 January 2004. The Company was
established under a Memorandum of Association which established the objects and powers of
the Charitable Company and is governed under ils Articles of Association.
Appolntment of Trustees
The directors of the company are also charity trustees for the purposes of charity law. Under
the requirements of the Memorandum and Articles of Association a minimum of three
Trustees must be in office at any one time and at each AGM one third of the Trustees must
retire but may be reappointed.
The Trust currently has four Trustees. Individuals are selected on the basis of Christian
maturity and their commitment to the aims and objectives of the Trust. Under the Articles of
Association, all Trustees are required to sign assent to the definition of the Christian Faith
described in the Articles, on appointment and annually thereafter.
Trustee Inductlon and Training
The chairman and secretary of Dagenham Gospel Trust will provide new Trustees with copies
of the Trust's governing documents and the documents for new trustees published by the
Charity Commission and will brief them regarding the operation of the Trust and their duties
and responsibilities as a trustee of the Trust. The chairm8n and secretary of the Trusl will
arrange ongoing training for Trustees from time to time.
Management and Admlnlstratlon
The Trustees meet at least iwice a year to review the perfomiance and finances of the Trust
and other issues that arise Each Trustee has one vote, and the chairman has an additional
casting vote. The Trustees have appointed a secretary lo handle correspondence with
donors, book-keeping, Gift Aid reclaim, the administration associated with the employment of
Christian workers and other day-to-day administration. This work is done on an enlirely
voluntary basis.
Related Partles
The Trust has a separate legal and financial identity from St George's Church but has a close
association with it in that the Christian workers it currently employs and pays for are on the
ministry team at St George's. Three of the four current trustees are on the Electoral Roll of the
church, two of whom serve on its Parochial Church Council.
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Dagenham Gospel Trust
Report and Financial Statements- 31 December 2024
Risks
The Trustees have considered the major strategic, financial, and operational risks which the
Trust faces and confirm Ihat, through regular Trustees, meetings and other reviews,
necessary steps can be taken to lessen these risks.
The Trustees are monitoring the economic situation in the UK and are keeping the Trust's
financial position under review. The main risk is donors reducing or ending their regLJlar giving
as a result of the rising cost of living. At the present time the financial position of the Trust
remains healthy. However, the Trustees intend to engage with current donors, and seek new
donors, to bolster the Trust's income.
Appropriate insurance is taken out to cover against employerfs and public liability-
Approved by the Trustees on
and signed on their behalf by..
JeYa￿.
Slmon Jordan
Chair of Trustees
Page 5

Independent Examiner's report to the trustees of Dagenham Gospel Trust
I report to the trustees on my examination of the accounts of the above charity ('the Trust") for the
year ended 31 December 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 CharitiesAct 2011 {"the ACV).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011
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 examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination which gives me reasonable cause to believe that in any material
respect..
The accounting records were not kept in accordance wrth section 130 of the Charities Act. or
The accounts did not accord with the accounting records., or
The accounts did not comply with the applicable requiremenls concerning the form and content of
the accounts set out in the Charities (Accounts and Reports) 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.
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.
Alan Gray FCA
Chartered Accountant
73 Shepherds Hill
Harold Wood
RM3 ONP
12 Sepiember 2025
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Dagenham Gospel Trust
Report and Financial Ststements - 31 December 2024
Statement of Financial Activities {including Income and Expenditure Account)
for the year ended 31 December 2024
Unrestricted funds
2024
2023
Restricted fund8
2024
2023
Total funds
2024
2023
Not08
Income and èndowmonts from:
Donations & legacies
Grants
Interest
13,268
7.695
43.419
11,344
3,288
9.750
56,677
11,344
1,612
10,983
9,750
828
1,612
828
Totsl Income and 8ndowm•nts
14,870
8,523
54.763
13,038
69,633
21,561
Expendltur• on..
Staff costs
Grants
Management and administration
27,882
21.698
27.882
21,698
565
321
665
321
Total •xpèndStur•
565
321
27,882
21,698
28,447
22,019
Net Incomftllexpendlturo)
14.305
8.202
26,881
18,6601
41.186
(458)
Transf•rn b•tw••n lund•
Net movement In fund8
14,305
(798
26,881
340
41,188
458
Total funds brought forward
74,048
75,644
766
426
76,612
76,070
Totsl fvnds carrled forward
89,151
74,846
27,647
766
116,798
75,612
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Dagenham Gospel Trust
Report and Financial Statements - 31 December 2024
Balance Sheet as at 31 December 2024
Total
funds
2024
Total
funds
2023
Notes
Current assets
Debtors
Cash at bank and in hand
11,089
105,709
116798
2,053
73,559
75,612
Current liabilities
Creditors.. amounts falling due
within one year
10
Total net a880ts
116,798
75,612
Represented by..
Restricted income funds
Unrestricted funds
11
11
27,647
89,151
116,798
766
74,846
75,612
Audit Exemption Statement
For the year ending 31 December 2024 Ihe company was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of rts accounts for the year in
question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime.
Approved by the Trustees on
and signed on their behalf by..
Simon Jordan
Chair of Trustees
Page 8

Dagenham Gospel Trust
Report and Financial Statements - 31 December 2024
Notes to the accounts for the year ended 31 December 2024
1. Accounting policies
al Basls of preparatlon
The financial statements have been prepared in accordance with 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 Republic of Ireland (FRS
102) {effective 1 January 2015) - (Charities SORP (FRS 102>), the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006.
Dagenham Gospel Trust meets the definition of a public benefrt enlrty under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy note(s).
b) Preparatlon of the accounts on a golng concern basls
8ased on pledges from current donors, the Trustees forecasl that the salary cost for 2025 will be met
in full.
cl Income
Voluntary income is received by way of donations and is included in full in the Statement of Financial
Activities when receivable. Gift Aid is recognised on the date of the donation and recovered on an
annual basis. The value of seNices provided by volunteers has not been included.
d) Fund accountlng
Unrestricted funds are donations receivable without further specified purpose and ar8 available as
general funds. Restricted funds are to be used for specific purposes as laid down by the donor.
Expenditure which meets these criteria is charged to the fund. Details of the nature and purpose of
each fund is set out in note 12.
é) Expendlture
Expendrture is recognised once there is a legal or construclive obligation to make a payment to a third
party, it is probable that settlement will be required and the amouni of the obligalion can be measured
reliably.
fl Penslons
The Trust operates a defined contribution pension scheme with respect to the Assistant Minister.
2. Legal status of the Trust
The company was incorporated on 14 November 2003 as a company limited by guarantee. Every
member of the company promises if the company is dissolved while he or she is a member, or within
12 months afte￿ards. to pay up to £1 towards the costs of dissolution and the liabilities incurred by
the company while the contributor was a member.
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Dagenham Gospel Trust
Report and Financial Statements- 31 December 2024
Notes to the accounts for the year ended 31 December 2024 (cont'd)
3. Donallons & legacies
Unrestricted
funds
Restricted
fund8
Total
funds
2024
Totsl
funds
2023
Donations under Gift Aid
Income Tax recoverable for Grfl Aid donations
Other donations
Legacies
9,862
2,466
930
34,495
8,624
300
44,357
11,090
1,230
8,210
2,053
720
13,258
43,419
56,677
10,983
4. Grants
Unrestricted
funds
Restrlcted
funds
Total
funds
2024
Total
funds
2023
Christ Church. Leyton
Essex and East London Good Stewards Trust
Sola Trust
St John's, Walmthamstow
Emmanuel, Wimbledon
St Peter's Barge
1,000
6,000
1,000
1,000
6,000
1,000
3,750
6,000
9,750
11,344
11,344
6. Staff costs and numbers
Staff costs were as follows..
2024
2023
Salaries and wages
Employer's National Insurance contributions
Pension costs (see Note 6)
Housing
11,972
18,466
2,090
13.820
27.882
3,232
21,698
The Trust benefitted from the full amount of the Employment Allowance for 2023124.
The average number of employees during the year..
2024
2023
Assislant Minister
Children's and Families Worker
Matthew Harvey was employed from August 2024 and seconded as Assistant Minister to St George's
Church.
No employee received total emoluments (excluding employer pension costs) above £60,000.
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Dagenham Gospel Trust
Report and Financial Statements - 31 December 2024
Notes to the accounts for the year ended 31 December 2024 (cont'd)
6. Pension costs
Paid Outstanding
Total
Total
contrlbutlong contrlbutlon8 ¢ontrlbutlon$ ¢ontribution8
2024
2023
Assistant Minister
Children's and Families Worker
2,090
2.090
3.232
3,232
2,090
2,090
Defined Contrlbutlon
The Trust operales a defined contributron pension scheme with respect to the Assistant Minister. The
scheme is operated on a non-contributory basis. The Trust makes monthly contributions equivalenl
to 17.50/0 gross salary.
7. Management and administration
Unrestricted Restricted
funds
funds
Total
funds
2024
Total
funds
2023
Insurance
Companies House
Independent Examination
531
531
308
13
565
565
321
Donated services have been provided for accounting, general administration and legal advice.
This was all given on a voluntary basis, and is not recorded in the accounts.
No Trustees received any remuneration or reimbursement for expenses during the period.
8. Taxatlon
The charitable company is exempt from corporation tax on its charitable activities
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Dagenham Gospel Trust
Report and Financial Statements - 31 December 2024
Notes to the accounts for the year ended 31 December 2024 (cont'd)
9. Debtors
2024
2023
Income Tax recoverable for Gift Aid donations
11,089
11,089
2,053
2,053
10. Creditors: arnounts falling due wlthln one year
2024
2023
Income Tax and National Insurance
Salary adjuslments (back pay)
11. Movements In funds
At31
D•e•mb•r
2023
Income Expendlture
Tran8fors
Gainsl
At31
(los•e•) D•e•mber
2024
Re#trletsd fund•:
A$51Stant Minister
Families & Young People's Work
53,094
1,669
127.8821
25,212
2,435
Totsl r•8trlet•d fund•
766
54,763
27,882
Unrestrlctèd fund8:
General fund$
74,846
14,870
(5651
89,151
Totsl unrestrl¢ted funds
74,846
14,870
565
89,151
Total fund•
7S,612
69,633
28,447
116,798
12. Purposes of restricted fund8
Assistant Minister- Employment of an Assistant Minister seconded to St George's Church.
Families & Young People's Wotk- Employment and training of Families and Young People's Workers
at St George's Church.
13. Related party disclosures
Trustees Karen Foster and Simon Jordan were members of St George's PCC in 2024.
Page 12