## VICTORY CHRISTIAN CENTRE
## (ASSEMBLIES OF GOD)
## SLOUGH
**TRUSTEES REPORT AND ACCOUNTS 2024**
Prepared by: Kaxton Advisory
Apostles Continuation Church Int. UK
2 **VICTORY CHRISTIAN CENTRE**
**22 SOVEREIGN HEIGHTS SLOUGH BERKSHIRE SL3 8PY** HarrowMiddlesexHA1 1
## **VICTORY CHRISTIAN CENTRE - ASSEMBLIES OF GOD, SLOUGH**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[st] DECEMBER, 2024.**
The trustees of the charity present their report with the financial statements of the charity for the year ended 31[st ] December, 2024. 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:**
**Registered Charity Number: 1147428**
**Registered Office:**
22 Sovereign Heights Slough Berkshire SL3 8PY
**Trustees:** Stephen Baffour Trustee (Chairman) Miss Helina Donkor Trustee Shiela Tolbert Trustee
**Independent Examiners:** Kaxton Advisory Ltd Suite 6 The Generator Business Centre Surrey CR4 3FH
**Bankers:** Lloyds TSB Bank 123 High Street, Slough Berkshire SL1 1DN
1
## **STRUCTURE, GOVERNANCE AND MANAGEMENT:**
## _**Governance**_
The church is governed by a Constitution and the Church Council, as defined by the Charities Act 2011.
## **Membership of trustee board:**
The trustees of the charity are also voluntary trustees for charity law and under the charity's Constitution are known as members of the Trustees Board.
## **Induction and training of trustees**
All trustees are familiar with the practical work of the church and have undertaken training to support their role.
## **Organizational structure**
The Trustee Board meets quarterly, and a quarterly branch feedback report is given at each meeting. The Branch Pastor has the responsibility for the day-to-day operational management of the church supported by the Assistant Pastor elected by the branch.
## **Risk management**
The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Internal control risks are minimized by the implementation of procedures for authorization of all transactions and projects. Procedures and risk assessments are in place to ensure compliance with Health and Safety of volunteers; members; children; and visitors to the church
## **OBJECTIVES AND ACTIVITIES:**
## _**Objectives - For the Benefit of the public**_
- 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 fit.
- b) To relieve sickness and financial 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 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 such ways in such parts of the United Kingdom or the world as the Church Council from time to time may deem fit.
2
## **ACHIEVEMENTS AND PERFORMANCE:**
## _**Achievements** :_
- _a)_ The church maintained its multi-cultural status. Congregants are made of multi-racial people.
- _b)_ The worship team has grown in evangelizing through music.
- _c)_ Children Ministry is one core focus of the church to help raise future generations of power within the local community.
- _d)_ Free Christian tracts distribution within the community during school holidays
- _e)_ End-of-year service was held for the Church and people from the community.
- _f)_ The Church continues to support people's spiritual and physical needs within the community and elsewhere.
- _g)_ The church continuously engaged in training and education of members through conferences.
## **FINANCIAL REVIEW:**
## _**Church Finances:**_
The church finance committee was responsible for the financial planning during the year. The church was able to raise **£27,862** as against expenses of **£20,796** resulting in a surplus of **£7,066** within the year.
3
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i'iih ihL Llnitcd KinLdi)ii) (Icniralli. 2liiepiLd ALLiiuiilinB Pr2clic¢ Iuniled Kingdom
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or dLfiiil ofihe charilablc ci)IMpin!. for ihai p¢ri1. In preparing th(Tr4e financial giatcmcnis.
IhL Inistces are miu1n io
l. Select 5uilable accounting tK)Ii¢ic5 and ihcn apply thcm c(Nbsislently'
2. hqake judgmcnts and t&timal¢s ihat arc rca50nable and pwdent:
3. Pwrc thc financial slatcnicnts on the goinb? con¢cm basis un1¢55 it IS
inappropriate to presum¢ tlia( Ihc charitable company will continue in busine55.
The tNsiees ar¢ rcsponsible for Kcepinr proper accounting rccords w'hich disclos¢ with
re&£onable 0ccufdC!' at an!, liine die finanrial %1110n of the c]uriiable company and io
cnablc iheni io ensure iha( the finaiicial slalcnicnls comply with thc Chariiies A¢i 2011.
The!, are also responsible for safcgwarding ihe assets of the ¢h8Tity and h¢n¢e for takin¢
asonable Meps for the PTeveniion and dciection of fraud and other iTrcgulariiies.
STATENIENT AS TO DISCLOSURE OF INFORi4IATION TO INDEPE)DE)T
E.¥}111,ERs
So far as the trustees are aware. there is no relevant inforn)ation of which the chpritv s
independent examiners are unaware. and edch trusleehas taken all the steps ihai ihey ou.hi
to ha¢ taken as a tri¢¢ in order io make them aware of any examination infomiaiion and
establish thai the charity's indcpendeni examinets are aware of that infonnaiion.
IliDEPEliDENT EXAlINERs
The itidependent eXaMille KaxtOD Advisory Ltd. will beprofv)sed for re*app)inim¢nl ai
the fonbcoming Annual General Mttting.
On Behalf of ihe Board:
Siephtn
our
30th October. 2025.
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'.15 Camscannerf,.
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VICTORY CHRISTIAN CENTRE - ASSEMBLIES OF GOD, SLOUGH**
I report on the accounts of the Church for the year ended 31[st] December, 2024 which comprise the Statement of Financial Activities, the Balance Sheet and related notes set out on pages 9 to12
This report is made solely to the Trustees Board in accordance with Section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an Independent Examiner’s report and for no other purpose. To the fullest extent permitted 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 responsibilities of Trustees and Examiner**
The Church’s trustees are 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:
- Examine the accounts (under Section 145 of the Charities Act);
- To follow the procedures laid down in the General Directions given by the Charity Commissioner (under Section 145(5)(b) of the Charities Act); and
- To state whether particular matters have come to my attention.
## **Basis 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 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.
5
Independent E.¥aminer's statement
In connection with my examination, no mattcr has come io my attention..
l. Which givcs mc reasonable cause io believe thai in any matcrial rcspcct thc requircmenis
-to keep 4ic¢ounting records in accordance M'iih S¢¢iion 130 of ihc ChariiiLs Act ,'and
lu piepclre EiCCOUI)l% which accord wilh ihe accounting records and comply with the
accouiiliiig rcquir¢iii¢i)ts ol. thc Charitics Act
Iiavc Iiol bLei) MLI; or
2. t() wliich. in my opini()n, atlLnlion should be drawn in order to enabl¢ a proper
Iinderslandinby of lh¢ iicc()unt8 to be reached.
KAXTON ADVISORY LTD
SUl'l'E O
THE GENERATOR BUSINESS CENTRE
SURRTr:Y
CR4 3fH
Kaxton Advisory
Sl¥ned:.
## **VICTORY CHRISTIAN CENTRE ASSEMBLIES OF GOD-SLOUGH STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31ST DECEMBER 2024**
**----- Start of picture text -----**
2024 2023
General Restricted
Funds Funds Total Total
£ £ £ £
Note
INCOMING RESOURCES
General Income 2 27,862 - 27,862 16,448
-
-
Total 27,862 - 27,862 16,448
RESOURCES EXPENDED
Charitable Expenditure:
Administration & Management 3 20,796 - 20,796 16,706
Total 20,796 - 20,796 16,706
NET INCOMING RESOURCES 7,066 - 7,066 - 258
Movement in Funds
Net Incoming Resources 7,066 0 7,066 (258)
Balance brought forward (3,917) 0 (3,917) (3,659)
Transfers 0 0 0 0
Balance Carried Forward 3,149 3,149 (3,917)
**----- End of picture text -----**
7
VICTORY CHRISIIAN CENIREASSEM8LIES OF GOD-SLOUGH
BALANCE SHEET AS AT 31ST OECEMBER2024
2024
2023
Note
Non-CurrenlAssds
Filed Assei
3021
3.776
3021
3.776
CuNeni Assets
Bank ILlo>YlsTSBI
7859
1,819
7159
Credrf(ois-Amounifallingduewllhin l yeai
498
Net CurrentAssels
7J61
1,321
Credltors:Amountlallingdue In more ihaD lyeai
9.014
NelAsset5
13.917
Funds
General
3149
1&9171
3149
119171
Approird by tbeboard Council on
And si8nedon ils behalf by
Siephen BIff0r
(Chainnan)
( TreJ5urerl
Scer¥)ed wlth
C4mScanner '.
C5
## **NOTES TO THE FINANCIAL STATEMENTS:**
## **1. ACCOUNTING POLICIES**
The financial statements have been prepared in accordance with applicable accounting standards and the Charities SORP.
## **Basis of Accounting:**
The financial 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 informal gatherings of church members.
## **Incoming Resources:**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.
Voluntary Income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of specific performance 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.
## **Resources Expended:**
Expenditure is recognized on an accrual basis as a liability is incurred. Expenditure included any VAT which cannot be fully recovered and is reported 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 fundraising purposes, including the charity’s shop.
Charitable expenditure comprises 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.
Support costs are those costs incurred in support of expenditure on the objects of the charity and include project management.
9
## **VICTORY CHRISTIAN CENTRE - SLOUGH**
## **NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2024**
## **2. INCOMING RESOURCES**
|**2. INCOMING RESOURCES**|||||||
|---|---|---|---|---|---|---|
|**Voluntary Income**
**General Fund**
General Offering
Tithes
Thanks Giving
Donations
Gift Aid received
Harvest
Other
**Total**||**General**
**Funds**
9,049
12,266
805
916
4,456
370
-
**27,862**
**27,862**|**Restricted**
**Funds**
-
-
-
-
-
-
-
**-**
**-**|**2024**
**Total Funds**
9,049
12,266
805
916
4,456
370
-
**27,862**
**27,862**||**2023**
**Total Funds**
3,830
9,570
1,156
527
1,365
-
-
**16,448**
**16,448**|
||||||||
## **3. RESOURCES EXPENDED:**
|**3. RESOURCES EXPENDED:**||||
|---|---|---|---|
|Rent/ Rates
Donations
Repairs & Renewals
Travel & Transport/Fuel
Accountancy
Insurance
Stationery/postage
Pastoral
Administration Cost
Evangelism
Telephone/Fax
Social Activites
Training & Conference
Depreciation|6,453
-
1,090
-
214
-
1,272
-
498
-
1,525
-
1,355
-
2,834
-
3,755
-
400
-
646
-
-
-
-
755
-
**20,796**|**2024**
**Management &**|**2023**
**Management**
**& Admin**
£
3,663
730
500
1,151
498
898
379
6,175
1,708
70
-
-
107
829
**16,706**|
|||
**Admin**
6,453
1,090
214
1,272
498
1,525
1,355
2,834
3,755
400
646
-
-
755
-
**20,796**||
10
**VICTORY CHRISTIAN CENTRE - SLOUGH NOTES TO THE ACCOUNTS - 31ST DECEMBER 2024**
## **6: FIXED ASSETS**
|Cost
Additions
Disposal
**Balance as at 31st Deecmber 2024**
**Depreciation/Rate**
As at 1st January 2024
Charge for the year
**Balance as at 31st December 2024**
**Net Book Value**
As at 1st January 2024
**As at 31st December 2024**||**Equipment**
9,593
-
-
**9,593**
5,819
755
**6,574**
3,774
**3,019**|**Mini Van**
**Car**
3,500
11,113
1
1
-
-
**3,501**
**11,114**
3,500
11,113
-
-
**3,500**
**11,113**
1
1
**1**
**1**|**Total**
24,206
2
-
**24,208**
20,432
755
**21,187**
3,776
**3,021**|
|---|---|---|---|---|
11