## **GLORY INTERNATIONAL CHRISTIAN CENTRE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024** The Trustees have the pleasure in submitting the Report and Accounts for the year ## **Objects of the charity:** The Trust seeks to demonstrate the Christian faith and charitable courses by serving as a church in UK. ## **Government:** The Board of Trustees was in regular contact beyond the prescribed frequency of meetings by the governing documents. Strategic decision-making was on a quorate basis. Board membership is stable, balanced and the Trustees operate to Charity Commission’s guidance and Charity Law. ## **Review of Activities:** The Church ‘GLORY INTERNATIONAL CHRISTIAN CENTRE’ provides avenue and platform for charitable courses: - We organise youth rehabilitation programme in which we gather youth around the community to ensure they maximise their potentials. - We help women who are in abusive relationship (domestic violence) stabilise their emotions by counselling and making them see need to talk to appropriate authorities as many suffering in silence. - Advance the course of poverty alleviation programme. Where we give/make donations to people in need ( based on their basic needs) - Visit homes of old people within the community. Giving them our support by donating toiletries, and daily essentials. - We counsel people based on their challenges once they approach us and we treat this with utmost confidentiality. ## **Financial review:** The Charity’s main source of finance was from tithe, offerings and donations from members. The Charity’s financial position is stable and balanced. ## **Trustees’ Responsibilities:** Charity law requires us as Trustees to prepare financial statements for each accounting year which receipts and payments of the charity for the year. We are responsible to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities. This report was approved by the trustees on...05/06/2025.................. and signed on their behalf by: Name:... Faustina Anderson................Sign... ... **Page (a)** **GLORY INTERNATIONAL CHRISTIAN CENTRE** Charity No FOR ENGLAND AND WALES (if any) **1126828** Annual accounts for the period Period end Period start date **01/01/2024 To** date **31/12/2024** — ~~————— in~~ **Section A Statement of financial activities Restricted Recommended categories by Unrestricted income Endowment Prior year activity funds funds funds Total funds funds** |**Recommended categories by**
**activity**||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total funds**|**Prior year**
**funds**| |---|---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**|**£**| |**Incoming resources (Note 3)**|||F01|F02|F03|F04|F05| |**Income and endowments from:**|||||||| |Donations and Voluntary Income|Tithes & Offerings|S01|160,790|-|-|160,790|146,055| |Charitable activities||S02|-|-|-|-|-| |Interest Incom||S03|1,496|-|-|1,496|973| |HMRC Job Retention Scheme||S04|-|-||-|-| |Gift Aid||S05|82,338|-|-|82,338|49,777| |Other Operating Income||S06|31,626|-|-|31,626|17,895| |**_Total_**||S07|276,250|-|-|276,250|214,700| |**Resources expended (Note 6)**|||||||| |**Expenditure on:**|||||||| |Costs of generating voluntary income||S08|176,045|-|-|176,045|171,102| |Charitable activities||S09|6,107|-|-|6,107|7,119| |Governance costs|Legal & Professional|S10|600|-|-|600|500| |Other resources expended|Depreciation|S11|6,342|-|-|6,342|2,701| |**_Total_**||S12|189,094|-|-|189,094|181,422| ||||||||| |**Net income/(expenditure) before investment**|||||||| |**gains/(losses)**||S13|87,156|-|-|87,156|33,278| |Net gains/(losses) on investments||S14|-|-|-|-|-| |**Net income/(expenditure)**||S15|87,156|-|-|87,156|33,278| |**Extraordinary items**||S16|-|-|-|-|-| |**Transfers between funds**||S17|-|-|-|-|-| |**Other recognised** **gains/(losses):**|||||||| |Gains and losses on revaluation of fixed assets for the charity’s own use|Gains and losses on revaluation of fixed assets for the charity’s own use|S18|-|-|-|-|-| |Other gains/(losses)||S19|-|-|-|-|-| |**_Net movement in funds_**||S20|87,156|-|-|87,156|33,278| |**_Reconciliation of funds:_**|||||||| |Total funds brought forward||S21|181,772|-|-|181,772|148,494| |**_Total funds carried forward_**||S22|268,928|-|-|268,928|181,772| 1 ## **Section B Balance sheet** ||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**
**Total this**
**year**|**Total last**
**year**| |---|---|---|---|---|---| |||**£**|**£**|**£**
**£**|**£**| |**Fixed assets**||F01|F02|F03
F04|F05| |**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**|B01
B02
B03
B04
B05|- - - -
-
10,388 - - 10,388 2,756
- - - -
-
- - - -
-
10,388 - - 10,388
2,756
~~=====~~|||| |**Current assets**|||||| |**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**|B06
B07
B08
B09
B10|- - - -
-
100,040 - - 100,040 99,588
- - - - -
184,815 - - 184,815 79,928
284,855 - - 284,855
179,516
~~=====~~|||| |**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**|B11
B12|10,600 - - 10,600
500
274,255 - - 274,255
179,016
~~——————~~|||| |**_Total assets less current liabilities_**|B13|284,643 -|284,643 -|**-**284,643|181,772| |**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**|B14
B15
B16|- - - - -
- - - -
-
284,643 - -
284,643
181,772
~~———~~|||| |**Funds of the Charity**|||||| |**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**|B17
B18
B19
B20
B21|-
-
-
181,772 -
181,772 148,494
102,871
- 102,871 33,278
-
284,643 - - 284,643
181,772
~~==an=~~|||| |Signed by one or two trustees on behalf of all|||||Date of| |the trustees||Signature||Print Name|approval| ||||||dd/mm/yyyy| |||||Faustina Anderson|05/06/2025| CC17a (Excel) 05/06/2025 2 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** ## _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by • and with* ✓ Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* ✓ the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by ✓ FRS 102.* - -Tick as appropriate ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that THE CHARITY IS ABLE TO MEET ITS PUBLIC support the conclusion that the charity is a REQUIREMENTS AS WELL AS REALISING ITS ASSETS going concern; AND DISCHARCHING ITS LIABILITIES IN THE NORMAL COURSE OF ITS OPERATIONS. IN ORDER WORDS, IT HAS NEITHER INTENTION NOR THE NEED TO LIQUIDATE OR CURTAIL MATERIALLY ITS SCALE OF OPERATION. IT HAS ENOUGH RESOURCES TO CONTINUE IN OPERATION. Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern ## **1.3 Change of accounting policy** The accounts present a true and fair view and the accounting policies adopted are those outlined in ~~note { }~~ Yes* ✓ * -Tick as appropriate No* ✓ ## _**Please disclose:**_ _**(i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_ ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). Yes* ✓ * -Tick as appropriate No* ✓ ## _**Please disclose:**_ _**(i) the nature of any changes; (ii) the effect of the change on income and expense or assets and liabilities for the current period; and (iii) where practicable, the effect of the change in one or more future periods.**_ ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). Yes* ✓ * -Tick as appropriate No* _**Please disclose: (i) the nature of the prior period error; (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_ CC17a (Excel) 05/06/2025 3 **Section C Notes to the accounts (cont)** **Note 2 Accounting policies** ## **2.2 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**
Goods donated for on-going use by the charity are recognised as tangible fixed assets and
included in the SoFA as incoming resources when receivable.
The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.
This includes any realised or unrealised gains or losses on the sale of investments and any gain or
loss resulting from revaluing investments to market value at the end of the year.
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
• the monetary value can be measured with sufficient reliability.
**Donated goods**
**Contractual income and**
**performance related grants**
**Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted
by the FRS 102 SORP or FRS 102.
**Grants and donations**
Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.
Grants and donations are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP).
This is only included in the SoFA once the charity has provided the related goods or services or
met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be exchanged)
unless impractical to do so.
In the case of performance related grants, income must only be recognised to the extent that the
charity has provided the specified goods or services as entitlement to the grant only occurs when
the performance related conditions are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of
probate, the executors have established that there are sufficient assets in the estate and any
conditions attached to the legacy are either within the control of the charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on donations**
**and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift
Aid amount recovered on a donation is considered to be part of that gift and is treated as an
addition to the same fund as the initial donation unless the donor or the terms of the appeal have
specified otherwise.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair
value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting
period in which the stocks are distributed, they are recognised as an expense at the carrying
amount of the stocks at distribution.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of the gift to
the charity provided the value of the gift can be measured reliably.
Donated goods for resale are measured at fair value on initial recognition, which is the expected
proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading
activities' with the corresponding stock recognised in the balance sheet. On its sale the value of
stock is charged against 'Income from other trading activities' and the proceeds from sale are also
recognised as 'Income from other trading activities'.
Donated services and facilities that are consumed immediately are recognised as income with an
equivalent amount recognised as an expense under the appropriate heading in the SOFA.
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
Membership subscriptions which gives a member the right to buy services or other benefits are
recognised as income earned from the provision of goods and services as income from charitable
activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition criteria are
met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA.
**Investment gains and losses**|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| |||✓|| ||Yes
No
N/a||| ||✓||| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| ||||✓| ||Yes
No
N/a||| |||✓|| |**2.4 ASSETS**
**Intangible fixed assets**
**Heritage assets**
**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM THOSE**
**ABOVE**
**Redundancy cost**
**Grants with performance**
**conditions**
**Grants payable without**
**performance conditions**
**Creditors**
**Provisions for liabilities**
**Basic financial instruments**
**Governance and support**
**costs**
**Tangible fixed assets for use**
**by charity**
**2.3 EXPENDITURE AND LIAB**
**Liability recognition**
**Deferred income**
**Investments**
**Stocks and work in progress**
**Debtors**
**Current asset investments**|These are capitalised if they can be used for more than one year, and cost at least
Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
Where the charity gives a grant with conditions for its payment being a specific level of service or
output to be provided, such grants are only recognised in the SoFA once the recipient of the grant
has provided the specified service or output.
Where there are no conditions attaching to the grant that enables the donor charity to realistically
avoid the commitment, a liability for the full funding obligation must be recognised.
The charity has creditors which are measured at settlement amounts less any trade discounts
A liability is measured on recognition at its historical cost and then subsequently measured at the
best estimate of the amount required to settle the obligation at the reporting date
Support costs have been allocated between governance costs and other support. Governance
costs comprise all costs involving public accountability of the charity and its compliance with
regulation and good practice.
They are valued at cost.

The depreciation rates and methods used are disclosed in note 9.2.
They are valued at cost.
**ILITIES**
Liabilities are recognised where it is more likely than not that there is a legal or constructive
obligation committing the charity to pay out resources and the amount of the obligation can be
measured with reasonable certainty.
The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7
FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
The charity made no redundancy payments during the reporting period.
No material item of deferred income has been included in the accounts.
Fixed asset investments in quoted shares, traded bonds and similar investments are valued at
initially at cost and subsequently at fair value (their market value) at the year end. The same
treatment is applied to unlisted investments unless fair value cannot be measured reliably in which
case it is measured at cost less impairment.
The charity has intangible fixed assets, that is, non-monetary assets that do not have physical
substance but are identifiable and are controlled by the charity through custody or legal rights. The
amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific,
technological, geophysical or environmental qualities that are held and maintained principally for
their contribution to knowledge and culture. The depreciation rates and methods used as
disclosed in note 9.6.1.4.
Investments held for resale or pending their sale and cash and cash equivalents with a maturity
date of less than 1 year are treated as current asset investments
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value based on
the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement
amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at
the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and cash equivalents
with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity
date of less than one year held for investment purposes rather than to meet short term cash commitments
as they fall due.|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---|---| |||✓||| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| ||||✓|| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||||✓| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| |||✓||| |||Yes
No
N/a||| ||They are valued at fair value except where they qualify as basic financial instruments.|✓||| |||||| **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of income** |**Note 3 Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**| |---|---|---|---|---|---|---| |**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
Donations and gifts
160,790- - 160,790146,055
GiftAid
82,338- -82,33849,777
Legacies
- - - - -
General grants provided by government/other
charities
- - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donatedgoods,facilities and services
- - - - -
Other
31,626 - - 31,626 17,895
**Total** 274,754 - - 274,754 213,727
- - - - -
- - - - -
Other
- - - - -
**Total**
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**
- - - - -
Interestincome
1,496
- - 1,496 973
Dividendincome
- - - - -
Rentalandleasingincome
- - - - -
Other
- - - - -
**Total** 1,496
- - 1,496 973
- - - - -
- - - - -
- - - - -
- - - - -
**Total**
- - - - -
Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
forcharity's ownuse
- - - - -
Gain on disposal of a programme related
investment
- - - - -
Royalties from the exploitation of intellectual
propertyrights
- - - - -
Other
- - - - -
**Total**
- - - - -
276,250- - 276,250214,700
**Other information:**
**Charitable**
**activities:**
**Analysis**
**Donations**
**and legacies:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**
**TOTAL INCOME**
**Other:**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis**|||||| ||Donations and gifts|160,790|-|-|160,790|146,055| ||GiftAid|82,338|-|-|82,338|49,777| ||Legacies|-|-|-|-|-| ||General grants provided by government/other
charities|-|-|-|-|-| ||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|| ||Donatedgoods,facilities and services|-|-|-|-|-| ||Other|31,626|-|-|31,626|17,895| ||**Total**|274,754|-|-|274,754|213,727| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Interestincome|1,496|-|-|1,496|973| ||Dividendincome|-|-|-|-|-| ||Rentalandleasingincome|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|1,496|-|-|1,496|973| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Conversion of endowment funds into income|-|-|-|-|-| ||Gain on disposal of a tangible fixed asset held
forcharity's ownuse|-|-|-|-|-| ||Gain on disposal of a programme related
investment|-|-|-|-|-| ||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||276,250|-|-|276,250|214,700| |||||||| **All income in the prior year was unrestricted except for: (please provide description and amounts)** **Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.** **Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)** CC17a (Excel) 05/06/2025 6 **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of receipts of government grants** |**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in income._**|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||HMRC Job Retention Scheme|-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| ||||| _**Please give details of other forms of government assistance from which the charity has directly benefited.**_ CC17a (Excel) 05/06/2025 7 **Section C Notes to the accounts (cont) Note 6 Analysis of expenditure** |**Note 6 Analysis of expenditure**|**Analysis of expenditure**|**Analysis of expenditure**|||||| |---|---|---|---|---|---|---|---| |Fudraising agents
Operatingcharityshops
**Analysis of expenditure on charitable activities**
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating
new source of future income
Rent collection, property repairs and
maintenance charges
Operating membership schemes and
social lotteries
Stagingfundraisingevents
Database development costs
Other trading activities
**Analysis**
Portfolio management costs
Intellectual property licencing costs
Cost of obtaining investment advice
**Expenditure on**
**raising funds:**
Incurred seeking legacies
**Total expenditure on charitable**
**activities**
**Other**
**Total expenditure on raising funds**
**Total**
Depreciation
**Separate material**
**item of expense**
Incurred seeking grants
Investment management costs:
Incurred seeking donations
**Expenditure on**
**charitable**
**activities**
Operating a trading company
undertaking non-charitable trading
activity
Investment administration costs
**Other information:**
**TOTAL EXPENDITURE**
**Total other expenditure**
Legal&Professional|**Analysis**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**||||| ||Incurred seeking donations||182,152|-|-|182,152|178,221| ||Incurred seeking legacies||-|-|-|-|-| ||Incurred seeking grants||||||| ||Operating membership schemes and
social lotteries||||||| ||Stagingfundraisingevents||||||| ||Fudraising agents||||||| ||Operatingcharityshops||||||| ||Operating a trading company
undertaking non-charitable trading
activity||||||| ||Advertising, marketing, direct mail and
publicity||-|-|-|-|-| ||Start up costs incurred in generating
new source of future income||-|-|-|-|-| ||Database development costs||-|-|-|-|-| ||Other trading activities||||||| ||Investment management costs:||-|-|-|-|| ||Portfolio management costs||-|-|-|-|-| ||Cost of obtaining investment advice||-|-|-|-|-| ||Investment administration costs||-|-|-|-|-| ||Intellectual property licencing costs||-|-|-|-|-| ||Rent collection, property repairs and
maintenance charges||-|-|-|-|-| ||**Total expenditure on raising funds**||182,152|
-|-|182,152|178,221| ||||||||| ||||-|-|-|-|-| ||||-|-|-|-|-| ||**Total expenditure on charitable**
**activities**||-|-|-|-|-| ||||-|-|-|-|-| ||||-|-|-|-|-| ||**Total**||-|-|-|-|-| ||||||||| ||Depreciation||6,342|-|-|6,342|2,751| ||Legal&Professional||600|-|-|600|800| ||||-|-|-|-|-| ||**Total other expenditure**||6,942|-|-|6,942|3,551| ||||||||| ||||189,094|-|-|189,094|181,772| ||||||||| |**Activity or**
**programme**|**Activities undertaken directly**|||**Grant**
**funding**
**of**
**activities**|**Support**
**Costs**|**Total this**
**year**|**_Total_**
**_prior year_**| |||**£**||**£**|**£**|**£**|**£**| |Activity 1
Activity2|||||||| ||||||||| |Other|||||||| |**Total**|||||||| |**Prior year expenditure on charitable activities**
**can be analysed as follows:**|||||||| ||||**Grant**|||| |---|---|---|---|---|---|---| |**Activity or**
**programme**|**Activities undertaken directly**||**funding**
**of**|**Support**
**Costs**|**Total this**
**year**|**_Total_**
**_prior year_**| ||||**activities**|||| |||**£**|**£**|**£**|**£**|**£**| |Activity 1||||||| |Activity2||||||| |Other||||||| |**Total**||||||| |**Prior year expenditure on charitable activities**||||||| |**can be analysed as follows:**||||||| **Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)** CC17a (Excel) 05/06/2025 8 ## **Section C Notes to the accounts** ## **Note 10 Details of certain items of expenditure** ## **10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ |**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**

**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||600|500| |||| |||| ||0|0| CC17a (Excel) 05/06/2025 9 **Section C Notes to the accounts (cont)** **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_ **11.1 Staff Costs** |**Salaries and wages**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||26,460|31,773| ||10,377|11,374| ||3,000|3,000| ||-|-| ||39,837|46,147| **Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party** _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ > **No employees received employee benefits (excluding employer** True **pension costs) for the reporting period of more than £60,000** |**Band**|**Number of employees**| |---|---| |**£60,000 to £69,999**|| |**£70,000 to £79,999**|| |**£80,000 to £89,999**|| |**£90,000 to £99,999**|| |**£100,000 to £109,999**|| ||| **Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity** |**This year**
**Last year**
**Number**
**Number**
**Fundraising**
- -
**Charitable Activities**
- -
**Governance**
- -
**Other**
- -
**Total**- -
**Total amount of payment**
**Please state the accounting policy for**
**any redundancy or termination**
**payments**
**11.3 Ex-gratia payments to employees and others (excluding trustees)**
**Please explain the nature of the**
**payment**
**11.2 Average head count in the year**
**Please state the legal authority or**
**reason for making the payment**
**_Please complete if an ex-gratia payment is made._**
**11.4 Redundancy payments**
**The parts of the charity in which the**
**employees work**
**The extent of redundancy funding at the**
**balance sheet date**
**Please state the amount of the payment**
**(or value of any waiver of a right to an**
**asset)**
**The nature of the payment (cash, asset**
**etc.)**
**_Please complete if any redundancy or termination payment is made in the period._**||**This year**
**Number**|**Last year**
**Number**| |---|---|---|---| ||**Fundraising**|-|-| ||**Charitable Activities**|-|-| ||**Governance**|-|-| ||**Other**|-|-| |||-|-| ||||| ||||| ||||| ||||| ||||| ||||| ||||| CC17a (Excel) 05/06/2025 10 **Section C Notes to the accounts (cont)** **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.** ## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_ **Amount of contributions recognised in 3000 the SOFA as an expense Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.** _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_ **Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity** _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_ **Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan** CC17a (Excel) 05/06/2025 11 ## **Section C Notes to the accounts (cont)** ## **Note 13 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **13.1 Analysis of grants paid (included in cost of charitable activities)** |**Analysis**|**Grants to**
**institutions**|**Grants to**
**individuals**|**Support costs**|**Total**| |---|---|---|---|---| |Activityorproject 1||6107|**£**|**£**| |Activityorproject 2|||-|-| |Activityorproject 3|||-|-| |Activityorproject 4|||-|-| |**_Total_**|**-**|**-**|**-**|**-**| ## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **13.2 Grants made to institutions** |**13.2 Grants made to institutions**||| |---|---|---| |**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**|**_Yes_**|**_Please provide_**
**_details of charity's_**
**_URL._**| ||**_No_**|**_Provide details_**
**_below_**| |**Names of institution**|**Purpose**|**Total amount of**
**grantspaid £**| |---|---|---| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |**_TOTAL GRANTS PAID_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**||**-**| |||-| |||-| CC17a (Excel) 05/06/2025 12 ## **Section C Notes to the accounts (cont)** ## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ **14.1 Cost or valuation** |**14.1 Cost or valuation**|**n**|||||| |---|---|---|---|---|---|---| |**Freehold land**
**& buildings**
**Computers**
**Equipment**
**£**
**£**
At the beginning of
the year
- -
Additions
- -
Revaluations
- -
Disposals
- -
Transfers *
- -
At end of the year
- -
****Basis**
SL or RB
SL or RB
**** Rate**
At beginning of the
year
- -
Disposals
- -
Depreciation
- -
Impairment
- -
Transfers*
- -
At end of the year
- -
Net book value at the
beginning of the year
- -
Net book value at the
end of the year
- -
**14.4 Impairment**
**14.5 Revaluation**
**14.6 Other disclosures**
**_(ii) Please provide the amount of contractual_**
**_commitments for the acquisition of tangible fixed_**
**_assets._**
**_(iii) Details of the existence and carrying amounts of_**
**_property, plant and equipment to which the charity_**
**_has restricted title or that are pledged as security for_**
**_liabilities._**
**14.3 Net book value**
**14.2 Depreciation and impairments**
**_the name of independent valuer, if applicable_**
**_the carrying amount that would have been_**
**_recognised had the assets been carried under the_**
**_cost model._**
**_(i) Please state the amount of borrowing costs, if_**
**_any, capitalised in the construction of tangible fixed_**
**_assets and the capitalisation rate used._**
**_the methods applied and significant assumptions_**
**_Please provide a description of the events and_**
**_circumstances that led to the recognition or reversal_**
**_of an impairment loss._**
**_If an accounting policy of revaluation is adopted, plea_**
**_the effective date of the revaluation_**|**Freehold land**
**& buildings**
**£**|**Computers**
**Equipment**
**£**|**Plant,**
**machinery**
**and motor**
**vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Total**
**£**|| ||-|-|6,030|2,178|8,208|| ||-|-|12,000|998|12,998|| ||-|-|-|-|-|| ||-|-|- 1,218|-|- 1,218|| ||-|-|-|-|-|| ||-|-|16,812|3,176|19,988|| ||SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance ("RB")| ||||33%|25%||| ||-|-|3,970|1,482|5,452|| ||-|-|-|-|-|| ||-|-|5,548|794|6,342|| ||-|-|-|-|-|| ||-|-|-|-|-|| ||-|-|9,518|2,276|11,794|| ||||2,060 696 2,756
7,294 900 8,194
**_seprovide:_**|||| ||-|-|2,060|696|2,756|| ||-|-|7,294|900|8,194|| |||||||| |||||||| |||||||| - _The "transfers" row is for movements between fixed asset categories._ - _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB =_ CC17a (Excel) 05/06/2025 13 ## **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**_Please complete this note if the charity has any_**
**_debtors or prepayments._**
**Note 19 Debtors and prepayments**||| |---|---|---| |**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||-|| ||-|-| ## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)** |**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||39,069|54,589| ||47,451|45,000| ||-|-| ||86,520|99,589| CC17a (Excel) 05/06/2025 14 ## **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** ## _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||10,600|500|-|-| ||10,600|500|-|-| ## **20.2 Deferred income** ## _**Please complete this note if the charity has deferred income.**_ ## _**Please explain the reasons why income is deferred.**_ |**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| CC17a (Excel) 05/06/2025 15 ## **Section C Notes to the accounts (cont** ## **Note 24 Cash at bank and in hand** **Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other - Paypal Total** |**This year**
**£**|**Last year**
**£**| |---|---| |-|-| |-|-| |184,815|79,928| |-|-| |184,815|79,928| CC17a (Excel) 05/06/2025 16 ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF:** GLORY INTERNATIONAL CHRISTIAN CENTRE **(Charity No: 1126828)** We have examined and reported on the accounts of GLORY INTERNATIONAL CHRISTIAN CENTRE for the year ended 31 December 2024 which are set out on pages 2 to 3. - **Respective responsibilities of** The charity's trustees are responsible for the preparation of the accounts. The charity’s **trustees and examiner** trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 43 of the 1993 Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act, and - to state whether particular matters have come to my attention. **Basis of independent** My examination was carried out in accordance with general Directions given by the Charity **examiner’s statement** 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 the trustees concerning any 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 the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## **Independent examiner's** In connection with my examination, no matter has come to my attention: **statement** 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 41 of the 1993 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 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. **Sign:** ... ............. Date:.05/06/2025.............. **Name:** . Charles Owusu-Ansah (FCCA) **Professional Body:** Chartered Certified Accountants