iharity number.. 1145139
Presbytertsn Church of Ghana Anolnted Congregation
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31112r2023
Prepared 8y:
70 Anna*e Road
RM15 5BZ

Presbyterfan Church of Ghana Anolnted Congregauon
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31112R023
TRUSTEES
CharfÈs Ayim
MarkApe8 Boatsng
Phyllis Anang
Dr Yaw Oh8ne-Abuakwa
Martin Owusu
Helena Konadu
Rose Mann Boy8- Do8
Nana Yaw Obeno Ampomah
REGISTERED OFFICE
64 Lambert Road
London
SW16 5BJ
CHARITY NUMBER
1145139
ACCOUNTANTS
AL Accountants
70 Annalee Road
South Ockendon
RM15 58Z

Prnsbyterian Churth of Ghana Anolntod Congregallon
ACCOUNTS
FOR THE YEAR ENDED 3111212023
CONTENTS
Paae
Report ofthe Trustees
Indepelldent Examinerfs Statement
st2tement ol Financ4al Activiti85
Ba18nce Sheet
10
Notes to th8 Accourkts
11 to 16
Detsiled Statsment of Fina￿la1 Activth•s
14

P￿$byter￿an Church of Ghana Anolnted congregation
FOR THE YEAR ENDED 3111212023
TRUSTEES. REPORT
TRUSTeES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023
The Ttustee5 present their ann￿al rep(wl aThJ the irnlepeThlgntty examinwl finanaal *atèmènts forthe year ended 31 D￿rnber
2023.
The financial st8teTn8nts current statutory Wuiren￿l% tho PCG Cortstilllb￿. aP￿Ie￿bIe ACc￿nIng Standards in
the United Klngdom,
the Statsment of R0￿mMended Prac*ce'Charities SORP IFRS 1021, eifeuNÈ 1 January 2015 and th8 Charitie5 Ad 2011.
STATUS AND ADMINISTRATION
Ghanamma was rogi8terod ￿th the Charity Commission as a d￿rIty on 19 De￿L￿r2011 l¢h81ity rggistration number
111451391.
The name was change(J to P￿$byterian Church ofGhana Ar¥inted Congr&J81K)n on 20th S•ptèmber2021 at the Charity
Commission's website,
PRINCIPAL ACTIVITY
OBJECTIVES
The main objectives of the Church are to advance the Christian religk)n. ethK3. bJe8ls arKI prin(ipk¥ ofthè Prèsbytèrfan
Church.
To promot8 8nd enhan¢￿ the quality of th8 StMTitual Irt8 of members crfthe Church through bit* studies, tea(*iros and
discussions.
The Trust88s r9ferto th8 Charitss Commis5K)n's gum1a￿s on FKoViSi￿ of banefft as t*st guHYè aThJ practice to folk)w.
The advancement of relIg￿n is a recognwd Charitab￿ puFp05e.
STRUCTURE GOVERNANCE AND %IANAGEMEKr
The charty is g)vemed by rts cOr￿titutIon adopted on 24 Au9USt 1995
The Board of Trustees m8nag8 th8 affairs ofth& charity ￿ are resFonsible kn *tkng Ihe strategic directlon and sx)Ilcies of the
charty.
Th8 Trustses ar8 elacted from Ihe cr)rMJr¢gal*)n by Ihe enti￿ rrembership of Ihe Ch&r¢h through a seuet ball
They serve for a period of four years and eligitAe for re-electK)n tDr another ftxjr-year te
Thg Trustees control and rnanage the day-l￿daY aCtivrt￿s Of￿ Church.
In 5eleGting indNiduals for appointrnent as c*aritytrustee8. th9 ch￿lty twslees must have regard to the sk¢ll$. kJy)vAedge and
experience

Presbyterian Church of Ghana Anointed Congr•gation
FOR THE YEAR ENDED 3111212023
TRUSTEES. REPORT
n88d$d forthe gffectivg adrninistralon ofthe r*arity. TEUStees meet orKe a month to (115￿￿sS all r818vant matt8ts. W￿n fequsred,
an emergency meelng
can te called outwde these sch&Juled meeb"ng5.
RISK MANAGEMENT
The Board ol Twstees has conducted a review ol the major risks to whKh the charity is exrmwd. Th8 trustaès racognise that
any tnajor risks to which the charity 15
exposed need to be ￿￿eWed ar¥J SYSter￿ put tn iD them in partiuJkr1t¥)se rdated to the operats.ons and
finances of the charty.
Significant 8xi8mal risks to lunding hav8 b8d th8 Bcérd of Trusltès to implèment a p)Iw, taking into aCts￿n( the level of incDmo
receivable
rrom various sources. to seek each yeai. to match income aThJ expendknre aThJ 10 avotrj &oJmuktiThJ a delh* sut* that PCG
Anointed COng￿gatiOn is able to COThtinuè
its operations 5uccessfvlly.
Intemal risks are minimised by the implemwhtali)n of pl￿dureS ￿ the auth￿1$0￿(￿) of811 and proj8(IS by
ensuring a consistent quality of
delivery for all operational aspgct ol the ¢harity. Fw(K*Jure5 arp perKKliGaty rEvwEd to erw¥e thatthey wol ffEet the
needs ofthe tharity-
FINANCIAL REVIEW
The charity h88 no material investments ￿th the excepts£￿ ofthe pr(wrty rK)rmalty used as a m8rBe.
The rnain sources of funds for the Church are offertories, dues. tithes. thar*sgving an¢J annual harvests from n￿rnberS during
Sunday seEVi￿.
Details ofthe Church's ffn8naal activits88 for Ihe year aThJ Ihe state d affays as at 31 D￿rnber 2023 are set on pag88 9 to 15
The Church made a surplus of £36.66912022.. £88541.
This inNease in surplus from prevK)us year was due to Grft AIJ aalms 01£4448812022-£72C6)from F¥ewTh?u8 fwryears.

Presbyierlan Church of Ghana Anointsd Congwatlon
FOR THE YEAR ENDED 3111212023
TRUSTEES. REPORT
RESERVE POLICY
The Board ofTrustèès has 8X8nun8d th8 charity% wuir8Thntfor I858￿& In l¥Jhl of th8 main risk to the charity. It has
established a policy Whe￿bY the unresthcted fvThJs heid by the eharty St¥JJlJ be 6 fmnths of forthcomiThJ unavoidable
operational expenditure. The reserves are needed to rneet the workiTrJ capitsl requirements of th8 tharity thè truste8s ara
confident that 8t this18vel th8y would be ab￿ to txmtiThJe the current adNthes of the tharrty in the event of 8 signnlcant dro? in
income.
The effective free re5erwe ss £.525448.. which equates more than 6 I[￿th5 of expeded luture operdtiny eXpend[tU￿ whi¢h 18
above the level detem)ined by the p)Iy.
The Tru8t8e$. haviry assessed the finanrAal $￿ation (x)nd[hJ￿ thatthg Church ha8 •18(wate r88oufr￿ for its Purp￿ and arè
ofthe opinv)n that it will continue in bu5ines5 a5 8 wng They Iwve cthswjered vrt*thertr￿ are any mai)r risks
to which the Church may be oJrrenUy expos8d and ar8 ofthe Opin￿ that •Xi5t
FUTURE PLANS
Our future plans for the Church are..
l. To identify suitabl8 worship pr8mises to purth888.
ii. Increase in Churth membership through v8rnus forn)s of &varvJelism.
iii. Revitalize the Young P8orAes Guikl (YPGI of the 0￿regatI￿.
w. To build a wbrant Church and knarKial rewJrL¥$ to en8ble US7AY)r5hip and provKle
community actiwti8s.
STATE OF TRUSTEES RESPONSIBIUTIES
The Trustees are resFwJnsible lor ￿p3￿r￿j Ihe trusts8s' reFQrt and Ihe finanoal Statements in ￿Ndanc6 vAth applkable law
United lfjngdom AcC￿￿nI￿n9 Stsndafds (United KIn￿j0￿ Generalty A￿pted AcoyJntit¥J Practice).
Th& law appl¢able to tharitE5 in Eng￿nd and Wales requires the charity trustees to pr&w financ*al stalèmetts fot eath year,
which glve a (rue and fair ￿eW
of the stale of affairs of the Chanty and the incomiThJ rewJfc8s applicalM￿ of resources. indudlng the inc•)me
expenditure, ft)r that period.
In preparing thèsé fin8naal ststernents. the tnjstees a￿ requir*J to:
- S8￿ct suitable accountiw poliaes aThJ aP￿YIhern consstsnuy.
- observe the m8thc%ls and prin0p￿ in th8 aprlicabie char￿e$ SORP.-

Presbyterian Chureh of Ghana Anointed Conorngatlon
FOR THE YEAR ENDED 3111212023
TRUSTEES. REPORT
- make judgmènts and accountsivJ estimates that are reasonable and prudèn¢
- prepare the financpl ststements on the going Cor￿￿￿ trAsis unle55 it is inapKryriate to presuNE that the charity wll oxtinue
in businèss.
The Trustees are reswnsible for keeping adequate accounting r￿stha1 are 10 slthv and eX￿aIn tr*
transactions and disdose vAth reasoAable
accuracy at any tirne the financial p0S￿On ofthe charity and en2￿e them io ersure that the finarKial stst8m8nts comply with the
app1Ka￿e law
and regulations. Th8y are also ￿[M)n￿b]e safeguardir#J the assets and henr* forlaklng rÈasoThab￿ 8t8F6 for
the prevention
detectk)n of fraud and other irreguL91iUes.
Signed on behalfof the Trustees.
Mr Charles Anim
Senior Presbyter￿rUstee
5th May 2024

Presbyterlan Ch￿￿h of Ghana Anolnted CoThgregatlon
INOEPENDENT EXAMINER'S STATEMENT
year ended 31 nJ 2023
INDEPÈNDENT EXAMINERS REPORT TO THE TRUSTEES OF PRESBYTERiAN CHURCH OF GHANA ANOINTED
CONGREGATION
I report on the accounts of the charity for the year ended 3111212023
RESPECTIVE RESPONS181LITIES OF TRUSTEES AND EXAMINER
The trustees are responsible for the preparation of the acc4xJnts. The tnJste8s wnsiderthat an audit is r¥)t required for thi5 year
under section 144121 of the Charib'es Act 2011 (the 2011 Actl and that an Indepe￿ellt exarninatx)n ts ￿eded. .
Having 5atisfK8d mys8ff that th8 charity 18 [￿1 subJ8CttO 8n audit under c3Jrnpany law and elNJibl8 for indepeTrdeTht tsxamination,
it is my responsibility to..
- 8xamine th& accounts under section 14S ofthe 2011 Art.
- follow the procedure5 laid dlywn in the general Diredws gNen by Ihe Chanty COmrn￿10n urKJer setkn 14515Xbl of the 2011
Act,. an
- stat8 whether particular matters have come to rny aUenliM_
BASIS OF INDEPENDENT EXAMINERS STATEMENT
My 8xarninatK)n w85 carried out in 8cLx)rdance wilh gener￿ Direclions gr*an by ts Charity CommKsgon. An gxarnin8tion
includes a review of
the accounting r8cords kept by the Cha￿ty arKI a Comparis￿ 01 th8 ￿luTh￿ pres8nt8d with Ihose r8crxds.
It also includes considerabon of any unugJal [ten￿ or dL%cktsu￿ ui the acccrtmts. aFwJ Seeking explanatK)n5 frorn you as
trustees ¢tsn¢ening any such matter5.
Th8 proc8dure$ undertaken do not prowde all the evK1ence thathwhj t* wuired in an audit
nd consequentw no O￿n￿)n is given as to whetherthe axthjnts wesent a Irue tsirvm
and the report 15 limited to those matter5 set Olrt in the statement behy44.
INDEPENDENT EXAMINERS STATEMENT
In ¢onne¢tion with my examination, no rnatter ha$ ￿¥[rE to my attent•)n:
111 which gwes me reasonable cause lo belvèv8 that in any matsrial resr￿# the requirements..
. to keep acu¥Jnting raeords in accA)rdanc• wrth 386 ofthe Companies Act 20l￿.. and
- to prepare acwjnts which accord with the ￿ntir￿ re(x)rts. ￿mpty￿￿th the accountiThJ requirem8nts of *K)n 396 ofthe
Companies Act 20(￿ aThY wth r￿t￿K￿jS winLypkn ofthe Sl8tem8ntof R8CAynmerMJed practi￿." A￿xYjnti￿g aryj
Reporting by Charth"es
p&Je 7

PresbylerSan ChurGh of Ghana Anointed Congre￿0
INDEPENDENT EXAMINER'S STATEM
year ended 3111212023
121 to in my
inion. attenth)n shoukj be dr8wn in ¢)Tdtrrto enablo a PTOFer undersknyw￿j ofthe ￿mInts to te rethj
Date..
.Akwasi Adu-Larbi
ACMA, CGMK Msc
AL Accountsnts
70 Anna￿e Road
South Ock8ndon
RM15 5BZ
AL Ae.couKrANTS
70 Ro4d

Presbyterian Chur¢h of Ghana Anolnted congrtg￿on
Statement of Flnanclal Ac￿vIlle5
for ￿ y•ar ￿￿ed 3111212023
2023
Totsl
2022
Total
Unrestrfc Restr
t•d fvnd$ d funds
Income
Income from generated funds
Tithes,Off8rtori8s,Thanks9ivings gtc
other trading acbvities
IncA>me from Investments
Total Incom& and endovmxnts
127.224
15.447
5.402
148,073
127,224
15.447
5.402
148.073
81,140
7,809
257
89,206
Exp¢ns•s
Cost8 of generating funds
Expenditure OTr Charitable aCtiV￿e$
Total Expenses
Net gains on Investm*nts
Net Income
111,404
111.404
111,404 80,352
111,404
80.352
31669
36.669 B,854
Galnslllos8esl on revalu8tlon of Ilxad a8805ts
Net rnOV8rnent in fund5'.
Net income for the y￿r
Total funds brought forward
Net tunds carrfed lornard
36,669 8,854
88,526 797,440 784,186
88.526 834,109 793,040
708,914
745.583
This statement ol financial activTbes includes all gains and h)sses re¢))gnis&J in the year. Wl inconE and expenditure
derive from continuing aCtiV￿eS
389

Presbyterlan ChU￿h of Ghana Anolnted Congregaflon
BALANCE SHEEf AT 3111212023
2023
2022
FIXED ASSETS
Tangible assets
CURRENT ASSErs
Debtors (amounts falli￿ due within orE ye8rl
Cash at bank and in hand
437.504
448,233
30,815
594,541
625.356
30.815
553.667
584,482
4.400
CREDITORS: Amounts falllng du8 Wfthin ono year
NET CURRENT ASSETS
ToTALASS￿s LESS CURRENT LIABiullES
624.556
1.￿,060
580,082
1,028,315
CREDITORS.. Amounts falllng du8 after more than one year
NET ASSETS
227,952
235,275
834.108
793.040
Accumulated Funds
Unrèstricted funds
General fund
Designated funds
R88trictad funds
735.046
694,840
10.536
9,674
88.526
88,526
834,108
793,040
Foi the year ending 31112r2023 the crnyny was ent￿8￿ to ex8mpthyTr un(krS￿lI)n 471 oflhè CornpanEs Aci 2006 rèlating to
sm811 ￿mpanieS.
The members have Th)t wuiwd Ihe (x)mpany t* obtsén an in a(xX)n1an￿ sectth 476 of the C[￿pan￿$ Act 20LK.
The directors acknowledge Iheir responsibil￿e$ for cOmpl￿r￿J with the requirements of th8 Act wtth re8￿Ct to a¢(x)unting
records the ¥eparat￿n of accounts.
These aCc￿￿t$ have been prepar&Y in actrxdanc8 wrth the PT0ViS￿ applic8bl8 to companies subj.ect to the srnall oynpanies
regirne.
Approvgd by the board of trustees on and slgn•d on their behaw by
arbrs Owusu
Trustee
P8ge10

Pr•sbyterlan ch￿￿h of Ghana Anointed Congmgatlon
NOTES TO THE ACCOUNTS
FOR ThE YEAR ENDED 3111212023
I. ACCOUNTING POLICIES
18. Basis OIA¢eountlng
Th8 accounts have been prepared underthe historiLzI c05t convention.
The a¢￿Unts have been prepa￿ in ￿rdance with FRS102- The Finarmial Standard applitsbK8 in tho UK and
Republi¢ of Ireland and the Cornpanies Act 21K16 and the require￿nts of the Slaten*nt of R8(x)rnme￿ed PraGti(2. Accounbng
and Reptyting by Charitses.
1b. Incoming Resourees
All Incoming r8sources are indu¢Jed on the Sta*ment of Fina￿￿ Admties the d￿rity is Wlly ¢ntitkd to the incJ)me and
the amount can be quantified wrth reasonable accuracy.
1¢. Re$L)ur¢e$ Expended
Expenditure is accounted for on an a¢rn8ls baws and h&8 dassified under headiros that a￿3regate all cc6t related to the
category. Where ¢08ts cannot be direcuy attribuled to ￿rtiCular h8adings they have b88n all¢xated to activitiÈs on a basis
nsistent with the of r9¥our￿$.
1d. Allocatlon And Apportbonment Of Costs
All costs rdats to Ihe single *wityofthÈ charitatAe ￿anY aThJ a¥e recc4Jni5ed xcordingty.
18. Fund Accountlng
Unrestricted fjJTrds can be used fft ac¢cthr￿ vrith thè (*bariitib￿ owbves d th& di£tY8kn of th8 trustees.
Restri¢ted funds ¢aft only be used for particular reSI￿ted wrpM)ses wthin the obied5 oftt* tharity. Restrctiws arise when
specified by the donor or when lunds are raised lor parliojlar westricted pUr{￿ses.
Designated funds are funds set aside by the twste9S Out of unrestricted ger*ral fvnds fc¥ Ihe spe¢fft future or
projects.
1f. D¢pre¢latlon
Depreuation has been provhJ8d 81 the folk)wiThJ rates in order to writ8 off ￿ets over Ihèir estimated uselul INes.
Land And Buildings
Stra￿ht ling over 50years
Equipment
raYu(aThJ balarKg 15%
page11

Presbyterfan Church of Ghana ATholnt￿ Congregation
2. TANGIBLE FIXED ASSErs
Land And
Bvlldlngs Ewlpment
Total
Cost
At 0110112023
514.239
514,239
4.093
4.093
518.332
518,332
At 3111212023
Depre¢latlon
At 0110112023
For the year
At 3111212023
Not BoL>k Amounts
At 3111212023
At 3111212022
1.136
70.099
10.729
80.828
10,285
79.24e
1,580
434,991
445.276
2,513
2.957
437,504
448.233
3, DEBTORS
2023
2022
Ar￿Unts fallir#J due vthhin one ygar.
Debtors
30.815
30,815
30,815
30,815
Loan-PCG Trinity Beioium
Loan-Presbytery
815
30,(X)O
CREDITORS: AMOUNTS FALLING DUE iyrtHIN ONE YEAR
2023
2022
Independent Examiner
8CK)
4,400
4,400
8(X)
page12

Prtsbylerlan ChU￿h of Ghana Anotnted Congre9atlo
5. CREDITORS.. AMOUNTS FALLING DUE AFTER MORE ThAN ONE YEAR
21ra3
2022
B•nk108llS -I￿rtg￿Je
227.952
227,952
235.275
235,275
6. UNRESTRICTED FUNDS
Brought Incornlng OutgolngTrnnsfws Carrfed
forward
General fund
Designated FuThJ
699.240 146.130 1110.3241
9,674
1,942 {1,oeoi
708.914 148.072 1111.4041
735.046
10,536
745.582
7. RESTRICTED FUNDS
rouoht lficomlng OutgolngTrnnsfers Carrled
forward
Buikliry Fund
88,526
88,526
88,526
88,526
8. RELATED PARTY TRANSACTIONS
There w85 no related party trar￿ctiOnS during Ihe year.
p•Je 13

Prvsbytsrtan ChurGh of Ghana An0]nt￿ Congrgg*i¢n
Ineoming R¥s¢wr
for the year ended 31112r2023
2023
2022
In¢¢)rniD9 resources
In¢omlng resources from generated fvnds
Off&rtories
Tithes
16.566
51,886
912
15,093
36,457
931
Childr8n's off8rt0ry
Thanks Offerfng
Sundry Inrxjme
Grft Aid
Men Fellow8hip
Women Fellowship
Singlng Band
Bible Studp$&Prayer Group
Funeral Levy
Presbytery Offertory
DistriGt Offertory
4,811
2,376
7.206
1,432
416
428
12
740
1,230
870
215
122.829
70,167
Junior Youlh
414
175
Welfare
Children's Day Pledge
Evangelism Offertory
Women's D8y
Sale of Church Van
Induction servic8S
110
204
PCGTV
Young Adu￿ Fellowship
Anniversary Cbth
Instrument Pleilg¥
1.110
197
550
4,594
127,223
10,973
81,140
Furbth raising Events
HaNest
15.lJ68
379
7,449
1£ Project In￿rr
15,447
15,447
7,809
7,809
Investment Income
Bank Intarèst
1B7
Building Fund
70
5,402
5.402
257
257
148.072
89,206
Page 14

Pre$b￿arIan Church of Ghana Anolntsd ¢on9watlon
Expenses
for the year ended 3111212023
2023
2022
Expenses
Costs of generating funds
Charltsble Actlvltl•s
Mini5ters's Stipend
other Mirnisteriol Eynses
Di$tri¢t Offertory
Catechist Expenses
Presbytery Ofrertory
Printer
6.(X)O
3,741
131
4200
620
6,000
6.856
4,200
228
330
Sunday Teach9rs fee
10TH Anniversary 8xp8ns88
Hall and Church Hiring
Coath Hire
loo
1,217
13,748
2,825
463
13.375
Utility Bills
Organist expenses
Presbyters. 0)nfe￿n￿$
Zoom èxp8r158S
Drurnrner Expenses
JY Camping
PCG TV
UK Sponsor
Mission Surrort
Sing Band
Mortgage servicing
Independent ExaMi￿¢S fee5
Women Fellctrtship
Men Fallowship
Young Adult Fellty¥ship
Insurance
Mortgage Applic2tion
Mlssion House RehJrbi$hrnent
Postage,printing & stat￿nery
Church visits and WeKare
Council Tax
178
3.620
4,573
3(N)
80
1,000
352
1,5
2,175
giK)
536
17.179
5,OIKJ
17,785
800
10.823
800
352
450
75
472
3,141
213
3,100
3.500
342
Mobil ¢harges
Internet & Sky
Hospitality Eyn8es
Donations
Telèvision tharg8$
Christmas App￿10th)n
Bank charges
Trnvel & Accomtssatton
Surndry &xpÈn5e5
Choir
Bible Study and Prayer Group
Mortgage Presbytery Manse
Mi$fAon Support r¢¢eived over paNJ to Dk8trict
Depreciatson
2,050
2,538
809
1,395
354
150
1.760
278
192
3.870
200
40
1.798
2(K)
10.729
873
10.807

111.404
80.352
111,404
80.352
prye15

Pre8byt•rfan Chur¢h of Gham Anointed Congregation
for th• year onded 31112r2023
2023
2022
p&Je 16