Global Hafvesl Church (london)
Charity No. 1129288
Cofflpany No. 05484475
Trustees, Report and Unaudited Accounls
30 June 2ff23
¥ACZT
21
2810Y2024
COMPfvNIES HOUSE
#33

Global Harvest Church (london)
Contenls
Pages
2to5
Tru$lees' Annual Report
Independent Exarninert Report
statement ol Financial Activities
to6
to7
Summary Incoffle and Expenditure Account
Balance Sheet
to8
to9
Statement ot Cash flows
tolo
Notes to the Accounts
11to16
Detailed Statement of Financial Activities
17to18
Page1

Global Harvest Church (london)
Truslees Annual Report
The trustees, who are a150 directors ol the charity loi the purposes ol the Companies Act 2006,
present Iheir report with the unaudited financial statements of the charity lor the year ended 30
June 2023.
REFERENCE AIIO ADMINISTRATIVE o￿AlLs
Company No. 05484475
Charity No. 1129288
Principal Office
83 Lime Grove
dcup
Englalld
DA15 8PH
Registered Office
83 Lime Grove
Sidcup
DA15 8PH
Directors and Trustees
The Directors ol the charitable cofflpany are ils Trustees lof the purposes ol charity law.-
The following Directo￿ and Trustees served during the year.
R.0. Adeobu
0.0. Kosoko
O. Osinuga
B.0. Thomas
Key Management Petsonnel
Minister in Charge
Accountants
Pastor Bayo Oslnuoa
Intra¢hartered Ltd
82a James Carter Road
Mildenhall. Sulfolk
IP28 7DE
Bankers
HSBC
53 Highl Street
Grays
Essex
RM17 6NH
OBJECTIVES ANO ACTIVITIES
Page 2

Global Harvest Church (london)
Trustees Annual Report
The purpose of the charity as set out in its governing document are lo.- Advance the Christian religion and to
relieve poverty and sickness in accordance with Ch￿tIan principles ill the United ￿ngdoffl and In suctt other
parts of the world as Ihe Trustees may Iroffl lime to tiffle think fit. T.0 preach the gospel in the city of London
wilh an operalional tocus in the Borou￿ of Dartford. KenL
The Focus of Our WoTk
Our main obje¢lives lor the year conlinued to be the advance ol the Christlan religion and the reliel ol
poverty and sieknes5.
We have reterred to the guidance contained in the Charity COMMts￿on'S general guidance on public benefit
when reviewing our aims and objectives and in Planning our future acb'vities. In particular. the trustees
consider how planned activities will contribute lo the alms and objeclives they have set. The slrategies we
used to meet these objectives duting the year Included=
P.rovislon ot Weekty Church SeNices on Sunday to minister to the physical. spiritual and material needs ol
the congregants.
Provision ol Special Events and Meetings to meet the specific needs ol target groups In the Church such a5
Men. Women. Youth and Children.
Focuslng on the Material needs of certain members undergoiThJ dillicull financlal situatlons due to changes
In Ihe economic situatlon.
Working with other ChrTrstian agencies and Churches IR London to advance the preaching of the Gospel.
Provislon ol Pastoral Care loi Congregants and other members of the community Missionary and Outieach
Work
ACHIEVEMENTS AND PERFORMANCE
Some of the signilicant events that took place during the year are as lollows-.
l. Funfest.. The Church organised a summer event titled 'Funfesl' on 23rd July 2023. The event brought
together the residents ol The Bridge and the Dartlord community for the purpose ol lellowship, listening to
teachlng. equipping membets of Ihe public. and servtng the Dartlord community in their failh joumey. It was
also an opportunity to have fun together as a community and to better manage any unGonlTolled bias.
2. Volces Concert= The Church organised a muslcal concert titled 'Voices'. Thi5 event helped us teach. Insplre.
and profflote musical glfts and talents among the young adults in the community we serve. We created a safe
space and atmosphere through the unique power ol music lor our congregants and visilors who have not yet
settled in any church. allowing them lo heal. unwind physicalty, emotionally. and spiritually.
3. Your first 90Days in the UK: An online event was held by Ihe church to assist lamilies who.had recently
relocated to the United Kingdom. It provided guidance to new immigr3nts on UK culture and norms. making
friends and contfibuting to their communities. choosing a career path. achieving a work lite balance as well as
addressed their spiritual. mental. and soclal needs.
4. Shop for free event.. The Church in partnership with the Bexley Food Bank held a -shop for Free" event
where members ol the Dartford community and its surroundings could shop lor lood, sanitary items, and
clothing at no cost. The event took place on 31st December 2023 at 7 pm..Our goal was lo encourage
congregants lo give back lo the community. fosler a culture ol generosity within our church, and support
struggling families by alleviating basic needs and addressing poverty.
5. Pastoral Care.. The Church provided Pastoral C31e to corwjregants and community members through weekty
on-line pr3yer meetin￿, Bible study. and visits to church members to check on their well-being. A(1dltlonally.
the church hosted several peFsonal developffleni programs lor couples. men and women, Ihrou9hout the
year which were open to the general public.
Page 3

Global Hafvest Church Ilondonl
Tru51ees Annual Report
RNANCIAL.REVIEW
In the year ending on 301h lune 2023. the Gross Income. was £93.730. compared to £64.022 in the previous
year (20221. Total expenditure was £84.856 compared to £45.324 in the previous year. Consequently, despile
Ihe revenue growth, the Net Income declined from £18.698 10 £8.874. This reduction can be altributed
Primarily lo the increased activilies undertaken duting the review year compared lo the previous year.
The Board of Trustees has examined the Charityts requirements for reseples in lioht ol the main risks to the
organisation.11 has established a policy whereby the unrestricted funds not committed or invested in
langible lixed assets held by the charity should be between 3 and 6 months ol the expenditure. The
expenditure lor Year ended 30 June 2023 amounted to £84.856. and therefore the targeted reserves should
be between £21,214 and £42.426 in general funds while current reserves are £56536.
The reserves are therefore more tttan enough to meet the working capital requiremenls ol the charity and
the trustees are confldent Ihat at this level they would be able lo Continue the current activities of the
Charity in the event of a sjgnificant drop in lunding.
The principal lunding sources of the charity and how it supports the charity's key Dbjecttves are currently by
way ot Donations and Grfts from congregants through the oflering basket passed durirNJ Church servlces and
or congregants giwng their ollerinss online Ihrough our bank details.
PLANS FOR FUtURE P￿IODs
The Charity Plans Gontinuing the actmlies oullined above in the forthcoming years subject to satisfactory
tunding arra[￿eMents. Plans are also being developed to becoffte more actfve within the Dartford
community-
STRUCTURE. GOVERNAIKE AND MANAGEMEKr
Go¥erning. Ducument
The Organisalion is a charttable company limited by guarantee. incorporated on 20th June 2005 The
company was established under a Mefflofandum ol Association which established the objects and powers ol
the charitable company and bs governed under its Articles ol Association. In the event of the Company wound
up fflembers are required to contribute 3n amount not exceeding £10.
Re(rnitment and"AppoiThtment of Trustres
The directors of the cofflpafiy are a150 charity truste￿ for the purposes of charity law and ijnder the
CO￿panY'S Articles are known as truslees. Under the requiiements ot Ihe Memorandum and Articles ol
Association the trustees are elected to serve for a period ol three Yea￿ after which they must be re-elected
at the next Annual General Meeting. All trustees give theif time voluntarily and receive no benefits from the
charity.
Due to the nature of Church work, tfuslees appointed have been so selected on the basis ol their faith.
Strength ol character, skills set in the area of busine&8 management, growth and commitment to the vision of
the charity.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial p051tion of the charity and to enable theffl to ensure that the linancial statements
comply with the Companies Act 2iJ)6. The Truslees are also responsible for safeguarding the assets ol the
charity and hence taking reasonable steps lor the prevention and delectlon ol fraud and other irreoularitles.
Page 4

Global HaNesl Chtsrch Ilondonl
Trustees Annual Report
The above report has been prepared in accordance wtth the provisions applicable to companles subject to
the small companies regime as set out in Part 15 of the Companies Act 21]06 and in accordance wilh the
Charities SORP IFRS102).
Signe
n behalf of the board
soko
Trustee
27 March 2024
Page.5

Global Harvest Church (london)
Independent Examiners Report
Independent Examiner's Report to the trustees ol Global Harvest Church (london)
I report to Ihe charity trustees on ffty examination of the financial statements ol Global Harve51 Church
Ilondonl lor the year ended 30 June 2023.
Responsibilities and basis of report
As the charity's trustee5 of the Company land also its directors for the purposes ol cornpany law) you are
responsible for the preparatlon of the flnancial statements in accordance with the requlrefflents of the
Companies Act 20061.the 2006 Act.
Having satislied myself that the financial slatements of the Charity are not reouired to be audlted under Part
16 of the 2006 Act and are eligible fof indepen(1ent examination. I report in respect ol my examination of
your charity's financial statements as carried out under section 145 of Ilre Charities Act 2011 ('the 2011 Act'i.
In carrying out my examinatlon I have followed Ihe Directions given ty the Charity Commission under section
145151 Ibl of the 2011. Act.
Independenl examinef$stalement
I have completed ry exafflinalion. I can ¢onlimi that no material matteryJ have come to my attentlon in
connection wilh the examination glving me cause lo believe:
- accounling records were nol kept in accordance with section 386 of thE 2006 Act-. or
Ihe financial slalements do not accord with those records- or
the financial slalements do not compty wilh the accounting requirements under seclion 396 of the 21J)6
Act other th3n any requirement that the financial statements give a true and lair, view which is not a
matter considered as part of an independent examination- or
the financi31 statements have not been prepared in accordance with the methods and principles ol Ihe
statement of Recommended Practice for accounting and reporting by Charities applicable to charitie&
preparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 1021.
I have no concerns and have come acioss no other matters iThconnection wlth the examinalion to which
attention should be drawn in thls report in order to enable a proper understanding ol the Ilnancial
statements to be reached.
Oluseye Mabogunje FIFA. FIPA
Intrachartered Ltd
82a James Carter Road
Mildenhall. Suflolk
IP28 7DE
27 March 2024
-4•PIS••S
Paue 6.

Global Harvest Church {london}
statement of Financial Activilies
for the year ended 30 June 2023
Unieslricted
funds Total funds Total funds
2023
2023
2022
Notes
Income and endowments
from-
Donations and legacies
Investments
93.477
253
93.477
253
64.018
Total
.93.7.30
93.730
64.022
Expenditure on-.
Ch3ritable activities
74.785
10.071
.84.856
74.785
10,OF1
84,856
32.095
-13,229
45.324
To.tal
Net gain5 on investments
Net income
8.874
8.874
18,698
Transfers between lunds
Net income before other
gainslllosses)
8.874
8.874
18.698
Other gains and losses
Net fflovernent in funds
8.874
8,874
18.698
Reconciliation ol.funds'.
Total lunds brought lorward
47,662
47.662
.28,
Total funds carried forward
56.536
56.536
47,662

Global Harvest Church Ilondon)
Summary Income and Expenditure Account
lor the year ended 30 lune 2023
2023
2022
Income
93.477
fA,018
Interest and Investment 1￿come
253
Gros5 incoffle foi the year
Expenditure
93.730
80,745
64.022
39.842
Depreciation and chaiges for
impairment ol fixed assets
4,111
5.482
Total expendilure for the year
Net income belore tax lor the year
84.856
8,874
45.324
18,698
Net Income for the year
8.874
18.698
Pdoe 8

Global Harvest Church (london)
8alan¢e Sheet
at 30 June 2023
Company No. 05484475
Notes
2023
2022
Fixed assets
Tangible assets
10
12.333
12,333
16.444
16.444
Current assets
Cash at bank and in hand
47.278
47.278
{3.0751
44,203
56.536
56,536
32,058
32.058
(840)
31.218
47.662
47.662
Credltors.. Amount falling due wlthln one year
Net current assets
11
Total assels less current liabllitles
Net assets excluding pension asset or liability
Total net assels
56.536
47.662
The f unds of the charity
Restricted funds
Unrestricted funds
General funds
12
12
56,536
56.536
47.662
47.662
Reserves
12
Total funds
56.536
47.662
These accounts have been prepared in accordance with the special provtsions ot Part 15 01 the Companles
Act 2006 relating to small companie
For the year ended 30 June 2023 the company was entitled to exemption underseclion 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directofs acknowledge their responsibilities for comptying with the requlremenls ol the Companies Act
20(￿ with respect to accounting records and the preparation of accounts.
Approved by the board on 27 March 2024
And signed on its behalf by-
0.0. K050ko
Trustee
27 March 2024
Page9

Global Harvest Church (london)
Statement ol Cash flows
for the year ended 30 lune 2023
2023
2022
Cash Ilows from operating activities
Nel income per Statemenl of Financial Activities
8.874
18,698
Adjustmenls for..
Deprecialion ol property. plant and equiptnenl
Diwdends. interest and rents from investments
Increase in trade and olher payable5
4,111
{2531
2.235
5,482
141
Net cash provided by operating activities
14.%7
24,206
Cash flows from investing activitie5
Dividends. interest and rents from investments
253
Net cash froml(used inl investing activities
253
112.0511
Net cash trom financing activities
Net increase in cash and Cash equivalents
15.220
12.155
Cash and cash equivalents al the beginning of Ihe year
32,058
19,903
Cash and cash equivalents al the end of the year
47.278
32.058
Components of cash and cash equivalents
Cash and bank balances
47.278
32.058
47.278
32.058
Page 10

Global Harvest Church Oondon)
Notes lo the Accounts
lor the year ended 30 June 2023
1 Accounting policies
Basis of preparatio
The financial statements have been prepared in accordance with Accountlng and Reportlng by Charilies..
Statement of Recommended Practice applicable to charities prepaiing their accounts in accordance with
the Flnancial Reporting Standard applicable in the UK and Republic ot Ireland IFRS 102) {elleclive1
January 2015) - (Charities SORP IFRS 1021), the Fillancial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102) and the Companies Acl 20(￿.
Change in basls of accounting or to previous ac¢ounts
There has been no change to the accounting policies (valuation rules and method ol accountlngl slnce
last year and no changes have been made to accounts lof previous year5.
Fund accounting
Unrestricted funds These are available for use at the discretion ol the trustees in furtherance of the
general obiects of the charity.
Designated funds
These are Unfestricted funds earmarked by the trustees for particular purposes.
Revaluation funds These are unrestricted funds which include a ievaluation reserve representing the
restatement of investment ￿etS at their tnarket values.
These aTe available for use subject to restrictions imposed by the donor or thfough
lerms ol an appeal.
Restricted funds
Income
Recognilion of
income
Income is Included in the Statemenl of Flnancial Activities {SoFAI when the ch3rlty
becomes entitled to, and virtually certain to receive. the income and the amount of
the income can be measured with sulficienl reliabillty.
Incoffie with related Where incotne ha5 related expenditure the income and related expenditure 15
expenditure
reported gross in the SOF
Donations and
legacies
Voluntary income received by way ol grants. donations and gifts is included in the
the SOFA when receivable and onty when the Charlty has unconditlonal
enlitlemenl to the income.
Tax reclalms on
Income Irom tax reclaims is Included in the SOFA at the same time as the
donations and gifts gittldonation to which it relates.
Donated services
These are only included in income (with an equivalent amount in expenditure)
and facllllles
where the beftelil to the Charity ts reasonably quanttliable, measurable and
fflaterial.
Volunteer help
The value of anyvolunteer help receNed is not included in the a¢counts.
Investment income This is included in the accounts when recetV3ble.
Gainslllos5esl on
This includes any gain or loss resulting Irom revaluing inveslments to market value
revaluatlon of tixed at the end ol the year.
assets
Galnslllossesl on
investment a&8ets
Thts includes any galn or loss on the sale ol Investmeftls.
Taxation
The charity is exempt froffl corpordtion tax on its charltable activilies.
Page 1.1

Global Harvest Church Ilondonl
Noles to the Accounts
Tangible lixed assets and depreciation
epfeciation is provided at the tollowing annual rates in order to write ofl each asset over its estimated
uselul lile..
Church Fumiture &
Equipment
25% Strdighl Line
Trade and other debtors
Trade and other deblors are recognised at the setllemenl amount due alter any trade discount olfere(l.
Prepayments are valued at the amouni piepaid net of any ifade discounts due.
Cash and caskn equivalenls
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liqtsid investments with original fflaturities ol three months or les5 and bank overdralls.
In the statement of linancial position, bank overdralts are shown wilhin borrowings or current liabilities.
In the Statement ol Cash Flows. ¢asTh and cash equivalent5 are shown net of bank overdfafts that are
fepayable on Oemand and lorm an integral part of the companys cash management.
Trade and other credilors
Short term creditOf5 are measured al the transaction price. Olher creditors and provisions are recogniseil
where the charity has a present obligation resulting Irom a past event that will probably result in the
transfer ol lunds to a third party and the amount due lo settle the obligation can be measured or
estifflaled reliabty- Creditor5 and pro￿$10n$ are nom)ally recognised at their setllemenl amounl atler
allowing for any trade discounts due.
Receipt of donated goods. lacililies and services
All donateo goods. lacilities and serwces received are recognised within incoming resources and
expenditure at an estimate of the value to the chaiity.
2 Company status
The company is a privale company limited by guarantee and consequently does not have share capital.
Page12

Global Harvest Church Ilondonl
Notes to Ihe Accounts
3 Statement of Financial Activities- prlor year
UnrestTlCted
funds Total funds
2022
2022
Income and endowments from:
Donations and legacies
Investments
64.018
64.018
Total
64.022
64.022
Expenditure on-
Charilable actiwties
27.382
17,942
45.324
27.382
17.942
Other
Total
45.324
Net income
18.698
18.698
Nel income before other
gain51(lo&se51
other gains and losse$=
Net movement in funds
18,698
18.698
18,698
18.698
Reconciliation of funds=
Tolal lunds brought forward
Total funds carried forward
28,964
47.662
28,964
47.662
4 Incoffle froffl donations and legacies
Unrestricted
Total
2023
Total
20¥
Ollering
Tlthe
Sundry Income
49,657
40.555
3.265
93.477
49,657
40.555
3,265
93,477
42.955
20.565
498
64,018
5 Incoffle from Investments
Unrestricted
Total
2023
Total
2022
Bank Interest
253
253
253
Page1.3

Global Harvest Church (london}
Noles to the Accounts
6 Expenditure on charitable activities
Unrestricted
Total
2023
Tolal
2022
Expenditure on charitable
activities
Pastor's Allowance
Service. Ministry alld event
costs
Visiting Mini$tfies
Love gilts and donatlons
Governance costs
Legal and prolessional ¢osts-
Independent Examinalion
fees
16.483
16,483
45.192
45.192
26.006
4,800
397
4.216
4.216
74.785
74.785
32.095
7 Other expenditure
Unreslficted
Total
2023
Total
2022
Employee costs
Motor and travel costs
Amortisation. deprecialion.
impairment. profitlloss on
dlsposal of fixed assets
General administrative costs
Legal and professional costs
219
2.085
219
2,085
2,692
432
4.111
4.111
5,482
3.526
130
10.071
3,526
130
10.071
3.210
1.413
13.229
8 Net income belore transfers
2023
2022
This is stated atter charging-.
epreGiation ol owned fixed assets
9 Stall costs
No employee received emoluments ift excess of £60,fJJO.
4.111
5.482
Page 14

Global Harvest Church (london)
Notes to Ihe Accounts
10 Tangible fixed assets
Church
Fumilure &
Equipfflenl
Total
Cost or revaluatio
At1 July 2022
AI 30 June 2023
Depreciation and
impairment
At 1 luty 21)22
Depreclation charge lor Ihe
year
At 30June 2023
Net book values
At 30 June 2023
At 30June 2022
11 Creditors..
amounts lalling due within one yeaf
51,518
51,518
51.518
51.518
35.074
35.074
4,111
39.185
39,185
12.333
16.444
12.333
16.444
2023
2022
Other laxes and social security
Other credlto
2,235
840
3.075
12 Movement in funds
Incoming
resources
(including
other
At 1 July galnsllosses
2022
Resources At 30 lune
expended
2023
Reslricted funds-
Unrestricted fvnds=
General funds
47.662
93.730
184,856}
56,536
Tolal lunds
13 Analysis of net assets between fund5
47.662
93.730
(84,856)
56,536
Unrestricted
tund5
Restricted
lunds
Tolal
Fixed assets
Net current assets
12.333
46.438
58.771
12.333
44.203
56.536
(2.2351
12.2351
Page'15

Global Harvest Church (london)
htoles to the Accounts
f4 Reconciliation ol net debt
At 1 July
2022
At 30 Jtjne
2023
Cash Ilows
Cash and cash equivalents
32.058
32.058
15.220
15.220
47,278
47.278
Net debt
32.058
15.220
47.278
15 Related party disclosures
Controlling party
The company is limtted by guarantee and has no share capital,. thus no single party controls the company.
Page 76

Global Harvest Chltrch (london)
Delailed Statement of Financial Activitie5
for the year ended 30 June 2023
Unrestricted
funds Total lunds Total f unds
2023
2023
2022
Income and endowrnents from-
Donations and legacies
Olfering
Tithe
Sundry Income
49.657
40.555
3.265
93,477
49.657
40.555
3.265
93.477
42,955
20.565
64.018
Investments
Bank Interest
253
253
253
253
Total income and endowments
93.730
93.730
64.0¥2
Expenditure on=
Charltable activities
Pasto¢s Allowance
Service, Ministry and event costs
Visiting Ministries
Love gllts and donations
16,483
45.192
16,483
45.192
8,054
4.216
73.945
26,006
4,800
397
31.203
4,216
73.945
Governance costs
Legal and professional cosls-
Independent Examination fees
892
892
Total ol expenditure on chafitable
actlvities
74.785
74.785
32.095
Employee cost5
Stall recruilment
Slafl training
Slall welfare
2.651
41
219
219
219
219
2,692
Motor and travel costs
Travel and subsistence
2,085
2.085
432
432
General administrative costs.
including depreciation and
amortisation
Depreciation of Church Furniture
& Equipment
Bank charges
Equipment expensed
4.111
4.111
5.482
87
640
87
640
31
133
Page 17

Global Harvest Church (london}
Detaile(I Statement ot Financial Activities
Eouipment repairs and
maintenance
General insurances
Inlormalion and publications
Postage and couriers
Soltware. IT support and related
costs
Stationery and printing
Sundry expenses
Telephone. lax and broadband
122
122
105
203
932
14
1,443
1.443
739
739
1.103
126
50
513
8.692
495
7,637
495
7,637
Legal and professional costs
Accountancy and bookkeeping
Solicitor's lees
Other legal and professional
costs
100
1,400
30
13
130
130
1,413
13,229
45.324
Total of expenditure of other costs
Total expenditure
Net gains on investments
10.071
84.856
10.071
84.856
Net income
8.874
8,874
18,698
Nel income belore other
gainsl(losse$l
Other Gains
8.874
8.874
18.698
Net movement in funds
8.874
8,874
18,698
Reconciliatlon of funds:
Total funds brought forward
47.662
47.662
28.964
Total funds carried forward
56.536
56.536
47,662
Page18