PILLAR THIJTH CHAPEL (ASSEMBLIES OF GOD) If4 POI orea J¥. Kaxton Advisory urri'v PILLAR OF TRUTH CHAPEL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31￿ MARCH, 2025. The trustees of the charity preseDt their report with the financial statements of the charity for the year ended 31" March. 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities, issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS: Reglstered Charity Number: 1124958 Registered Office: The Vestry Hall The Crieket GreeD 33&338 London Road Mltcbarn Surrey CR4 3UD Trustee5: Mr Samuel Banson MT Kwamena Acquah Mr Asante Frimpong Mr Yaw Osei Tnts (ChaIm￿n} Tn￿tee Trustee Independent Examiners= Kaxton Advisory Ltd Suite 6 The Generator Business Centre Surrey CR4 3FH Bankers: Lloyds TSB Bank 125 Balham High Road, London SW129AT IIPagie STRUCTURE, GOVERNANCE AND MANAGEMENT: Governance The church is governed by a Constitution and the Church Council, as defined by the Charities Act 2011. Membershlp of trustee board: The trustees of the charity are also voluntary trustees for the Pu￿1$eS of charity law and under the charity's ConstiMtion are known as members of the Trustees Board. Induetion and tralnlng of trustees All trustees are familiar with the prdctical work of the church and have undertaken training to support their role. Organizatlonal structure The Trustee Board meets quarterly and a quarterly branch feedback rq)ort is given at each meeting. The Pastor has the responsibility for the day-to-day operational rllanagement of the church supported by the AsSisL￿t Pastor elected. Rlsk management The Tn]stees have a duty to identify and review the risks to which the charity is exposed and to ensu￿ appropriate controls are in place to provide reasonable assurance against fraud and ermr. Internal control risks are minimized by the implementstion of procedures for authorization of all transactions and projects. Procedures and risk assessments are in place to ensure compliance with Health and Safety of volunteeTS; members: children. and visitOTS to the church OBJEcfivES AND ACTIvrrIES: Objectives - For the Beneflt ofthepublle a) To advance the Christian faith in accordance with the statement in such ways in such parts of the United Kingdom or the world as the Church Council from time to time may deem fiL b) To relieve sickness and fmancial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counseling and support in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may deem fit c) To advance education in sucb ways and in such parts of the United Kingdom or the world as the Church Council from time to time may deem fit. 21PclgFL ACHIEVEMENTS AND PERFORMANCE IIY THE YEAR The church embarked on an evangelization mission this year to win souls for the kingdom of God. Revival services were held quarterly to evangelize and propagate the good news. a) The Chapel as a Pentecostal Evangelical Bibl¢ believing Church based in England has seen a real development in social and spiritual matters. b) The church continues to support the spiritual and physical needs of the community. c) Community support is one forni of ministy to convey the church mission to the local community. d) The church sends members to conferences and Christian training centers in effort to keep abreast of the dynamism in the Christian communities. e) The church successfully organized anniversary which was packed with spiritual and moral programme in furtherance of the church's objects of operation. FINANCIAL REVIEW: Church Flnances.. The church finance committee was responsible for the financial planning during the year. The church was able to raise £1 IOJ87 as well as a total spending of £95,975 within the year resulting in a surplus of £14,412. 31PagFL STATEMENT OF TRUSTEES RFSPONSIBtLITIES The trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice (UK GAAP). Charity law requires the tnistees to prepare financial statements for e￿h financial year. Under that law the trustees have elected to prepare the fmancial statements in accordance with the United Kingdom Generally Accq)ted Accounting Practice (United Kingdom Accounting Standard5 and applicable law). The financial sLqtements are required by law to give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period. In preparing those financial staternents, the tn￿te¢S are required to l. Select suitable accounting policies and then apply them consistently. 2. Make judgments and estimates that are reasonable and prudent; 3. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will Continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the cknitable company and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of ￿ud and other irregularities. 41PagL STATEMENT AS TO DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINERS So far as the trustees are aware, there is no relevant inforniation of which the charity's independent examiners are unaware. and each trustee has Lqken all the steps that they ought to have taken as a trustee in order to make them aware of any examination infonrlation and to establish that the charity's independenl examiners are aware of that infonnation. INDEPEIYDENT EXAMINERS The independent examiners, Kaxton Advisory Ltd., will be proposed for re-appointment at the forthcoming Annual General Meeting. On Behalf of thc Trustees Board: Mr Samuel Banson 3 November, 2025. 51Pagre INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PILLAR OF TRUTH CHAPEL I report on the accounts of the Church for the year ended 31" March, 2025 which comprise the Statement of Financial Activities. the Balance Sheet and related notes set out on pages 8 to14 This report is made solely to the Trustees Board in accordance with Section 145 of the Charities Act 201 l. My work has been undertaken so that I might state to the charity's trustees those matters l am required to state to them in an Ind¢pendent Examiner's report and for no other pu￿OSe. To the fvllest extent perniitted by law, I do not accept or assume responsibility to anyone other than the Church and the Church's trustees for my examination work. Respective responslbllldes of Trustees and Examlner The Church's trustees a￿ responsible for the preparation of the accounts. They consider that an audit is not required for this year (under Section 144 of the Charities Act 2011 (the Charities Act)) and that an independent examination is needed. It is my responsibility to". Examtne the accounts (under Section 145 of the Charities Act). To follow the procedures laid down in the General Directions giveu by the Charity Commissioner (under Section 145(5)(b) of the Charities Act)" and To state whether particular matters have come to my attention. Basls of Independent Examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commissioner. An examination includes a review of the accounting records kept by the Church 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 any such Matters. The procedures undertaken do not provide all the eviden¢e that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'tsue and faAr' view and the report is limited to those matters set out in the statement beIow. 61PaEe Independent Examiner's statement In connection with my examination, no matter has come to my attention: l. Which giN'es me reasonable cause to believe that in any material respect the requirenients to keep accouniing records in accordance ￿,}lh Section 130 ofihe Charities Act 'and E ll to prepare accounts which accord with the accounting records and coIllply with the accounting requirements of the Charities Act have not been met; or 2. to ivhich. in my opinion. attention should be drawn in order to enablc a proper under.standing of the accounts to be reached. KAXTOLN ADVISORY LTD SUITE 6 THE GE￿,ERATOR BUSINESS CENTRE SURREY CR4 3FH Kaxton Advisory Signed:.. PILLAROFTRUTH CHAPEL STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 Note INCOMING RESOURCE Voluntary Income 110.387 110,387 69,716 110,387 110,387 69,716 RESOURCES EXPENDED Management and Admlnistratlon 95,975 95.975 76,426 Total Resources Expended 95,975 95,975 76,426 Net Incomlng Resources 14.412 14,412 6.710 Net Movement In Funds 14A12 14,412 6,710 Balance Brought Forward 46,746 46,746 53.456 Transfers Balance Carrled Forward 61,158 61,158 46,746 81PagL PILLAR OF TRUTH CHAPEL BALANCE SHEET AS AT31ST MARCH. 2025 Note Non-current Assets Muslcal Equipment 5,269 3961 6269 Current Assets Bank {LloydsTSB) 57,089 57,089 43983 43983 Credttors Amounts falllng due wlthln one year 1.200 1198 Net Current Assets 61,158 46746 Funds General Restricted 61,158 46746 61,158 46746 Approved by the board Councll on . And slgned on Its behalf by (Pastor In Charge) ( Treasurer) '.Igc NOTES TO THE FINANCIAL STATEMENTS: I. ACCOUNTING POLICIES The financial statements have been prepared in accordance with applicable accounting standards and the Charities SORP. Basls of Accounting: The fmancial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are show at market value. The financial statements include all transactions, assets and liabilities for which the Church Council is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are infOrn￿l gatherings of church members. Incoming Resouree5: All incoming resources are included in the statement of financial activitFes when the charity is entitled to the income and the amount can be quantified with reasonabl¢ accuracy. The following specifEc policies are applied to particular categories of income. Voluntary Income is received by way of collection of alms, tithes, special appeal for funds, donations and gifts and is included in full in the ststement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of specific perfonnance by the charity are recognized when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within the activities for generating funds when they are sold. Income from investment is included in the year in which it IS receivable. Resoureeg Expended: Expenditure is recogniz¢d on the accrual basis as a liability is incurred. Exp¢nditure included any VAT which cannot be fully recovered, and is report¢d as part of the expenditure to which it relates. Costs of generating funds comprise the costs associated with attracting voluntary income and costs of trading for fundTaising purposes including the charity's shop. Charitable expenditure comprises of those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs are those costs incurred in support of expenditure on the objects of the charity and include project managemenL IOIPagie PILLAR OF TRUTH CHAPEL NOTESTO THE FINANCIAL STATEMENTS- 31ST MARCH, 2025 I INCOMING RESOURCES Voluntary Income General Fund General Offering rithes Thanks Glvlng Other Income 55836 39489 8562 6500 55836 39489 8562 6500 28029 26605 6209 8874 TOTAL 110387 110387 69716 11 I P&ige PILLAROFTRUTH CHAPEL NOTESTO THE FINANCIAL STATEMENTS- 31ST MARCH. 2025 3. RESOURCES EXPENDED: Management&Admln Rent Wageslsalaries Donatlons Pastoral Care Travel Depreclation Insurance Welfare Prlntln& Postage & Stationery Subscrlptlons Repalrs/Malntenance TaxlHMRC Telephone Instrumentallst Admlnlstratlon expenses Council Tax Accountancy Fees Evangelism & Mlsslons Pension and Staff Welfare Conferencesrfraining 19325 18000 15130 6357 4695 1156 702 9121 1240 375 335 19325 18000 15130 12288 18500 14942 6357 4695 1156 702 9121 1240 375 335 3060 869 702 8780 1470 201 650 1110 1530 8270 1110 1530 8270 720 460 4385 1200 1200 1200 1846 711 608 2360 95975 608 2360 95975 76428 121 Pagc PILLAR OF TRUTH CHAPEL NOTESTOTHE ACCOUNTS-31ST MARCH 2025 4: FIXED ASSErs Balance at start 1st april 2024 Additions Disposal Balance as at 31st March 2025 7537 10436 2465 2465 - 10002 2899 12901 DepreclatlonlRate @ 18% As at IstApril 2024 Charge foTtheyear Balance as at 31st March 2025 3577 1156 - 4734 2898 6475 1156 7632 2898 Net Bookvalue As at 1st April 2024 As at 31st March 2025 3960 5268 3961 5269 131 Page