## **Charity Registration No. 1110305**
# **GLORIOUS CHURCH OF JESUS CHRIST**
# **ACCOUNTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
## **GLORIOUS CHURCH OF JESUS CHRIST CONTENTS**
||**Page**|
|---|---|
|Trustees' annual report|1|
|Independent examiner's report|2|
|Income and expenditure account|3|
|Balance sheet|4|
## **GLORIOUS CHURCH OF JESUS CHRIST Trustees' Annual Report FOR THE YEAR ENDED 31 MARCH 2024**
The Trustees present their annual report together with the financial statements and independent examiner's report of Glorious Church of Jesus Christ for the year ended 31st March 2024.
The charities have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.
## **Structure and Management**
The organisation is registered as a charity. The organisation was established under a constitution which details the objects and power of the charity.
The Trustees who served during the year were:
Mr. Nilojh Sandraganesakumar Mrs. Mary Sandraganesakumar Mr. Thilak Thomas Mr. Manoharan Tharmalingam
The trustees act as trustees for charitable activities of the organisation and are also members of the organisation.
## **Financial review**
This year also the charity, with the aid of sound financial management and support of its members, staff and volunteers generated a satisfactory financial outcome with a net increase in funds.
## **Going Concern**
The board of trustees has the reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
## **Independent examiner**
A1 Accountancy 5a-7a St. James's Road Croydon CR0 2SB
On behalf of the board of Trustees
## **Mr. Niloj Sandraganesakumar**
Trustee 24/03/2025
**Page: 1**
**GLORIOUS CHURCH OF JESUS CHRIST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024**
We have examined the financial statements set out on pages 2 to 3 that have been prepared under the historical convention.
The trustees are responsible for preparing the financial statements, which give a true and fair view of the state of the organisation and are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the organisation.
In our opinion the financial statements give a true and fair view of the state of affairs of Glorious Church of Jesus Christ as at 31st March 2024 and of it's income and expenditure for the year in review.
…………………………….. Mr K Viththiyakaran BSc. FFA FFTA
Date:……24.03.2025
**Page: 2**
## **GLORIOUS CHURCH OF JESUS CHRIST INCOME AND EXPENDITURE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024**
|**Income**
Offerings & Tithe
Interest received
Other income
**Expenditure**
Wages
Rent
Repaird & maintenance
Printing, postage and stationery
Motor running expenses
Travelling expenses
Accountancy fees
Bank charges
Misc. expenses
**Net Income/-Loss for the year**|**2024**
**£**
36,516
1,325
**37,841**
13,004
6,365
936
1,920
650
112
1,915
**24,902**
**12,939**|**2023**
**£**
23,051
260|
|---|---|---|
|||**23,311**|
|||11,856
5,790
572
330
2,080
514
650
95
795|
|||**22,682**|
||||
|||**629**|
**Page: 3**
## **GLORIOUS CHURCH OF JESUS CHRIST BALANCE SHEET AS AT 31 MARCH 2024**
|**Fixed Assets**
Tangible fixed assets
**Current Assets**
Cash at bank and in hand
Other debrors
**Creditors: amounts falling due**
**within one year**
**Net current assets / (liabilities)**
**Capital and Reserves**
Balance B/Fwd
Surplus Income|**2024**
**£**
2,581
129,362
1,656
**130,287**
117,348
12,939
**130,287**|**2022**
**£**
2,581
115,657
890|
|---|---|---|
|||**117,348**|
|||116,719
629|
|||**117,348**|
**Page: 4**