2024-07-31-accounts

REGISTERED COMPANY NUMBER: 088334241Enil•nd •nd W•l•g1 REGISTERED CHARITY NUMBER: 1156317 ASSEMBLIES OF THE FIRST BORN TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31JULY 2024

Pale Lepl and Admlnlstrntlve Infomiatlon Trustees. Report 4t07 Independent Examlnerfs Report Statement of Hnandal Actlvltle5 Bal•nce Sheet io Notes to the Flnancl•l Actlvltles Ilto15

TrUSTEE&. Rev A Brown Mr H E Thom•s Rev E K Vassell Rev P Pryce Iippolnt•d 2.4.241 Rev J Green-wright lrnslin•d 2.4.241 COMPANY SECREfARf. Rev E X Vassell REGISTERED OFFICE: The Holy Trlnity Church 117 London Road Derby DEI 2QS REGISTERED COMPANY NUMBER: 08833424 (England and Wales) REGISTERED CHARtrY NUMBE 1156317 INDEPENDEpif EXAMINER: Mr S4rnuel Henry CMI 5 Thornton Road Wolverhampton WI 2QG

The Bo•rd of Trustees •re pleased to present our report and accounts for the year ended 31 July 2024. The trustees Ire also dirertor5 01 the tharlty for the purposes ol the Companles Art 2006. The financlal statements hwe been pre￿red In •ttordance wSth the Companles Act 2(M)6, the Charlties Act 2011 •nd Accountlng and Reportin8 by Charlties: Staternent of Recommended Practtce (SORP) appllcable to charltles preparln8 thelr accounts In •CCOfd•nce wlth the Fin4ndal Reporting Standard appllcable In the UK and Republlc of Ireland IFRS1021, effectlve l January 2021. We I￿ thankful to God and for the support and help of our churth mlnlsters, officers, members, volunteers and partner5 we were ible to continue on our rnisslon and meet our objectives for the year. As a church with the wider tt•rnmunity. we reflect with gratitbjde for the mlnlstry of our late Blshop Jennifer Green-wrlght who p•ssed on 3rd May 2024, and who •lso served as a trustee untll the 4th Aprll 2024. The Charlty, Assernblles of the Flrst Born (AFB). contlnues to have has fourteen church branches throughout the UK based In London, Croydon. Luton. Swlndon, 8flstol, Birmlngham, Walsall, Derby and Nottingham. We Ilso share fellowshlp with other churthes both on a national and intefnational basis whlch Includes AFB fello￿hIpS Injamaica, US& Canada and Grand Caymans and India and have three International partner churches based In New York and Florida in the USA. We have been establlshed slnce 1961 and are grateful for the rlch hlstory and churth plantin8 of our foundSn8 fathers and mothers who were part of the Wlndrush Generation. The Assemblles of the FSrst Born Church contSnues to prlorltlse the reachlng out to as many people as posslble with the message of the Gospel of Jesus Christ and to help and support people to dlscover their potential and live a fulfilling and prosperous life. The Churchls a member of the Evangellcal Alllance, the Natlonal Councll for Voluntary Organlsatlons INCVOI, the Assoclation of Church Accountsnts and Treasurers {ACAT) and the Pentecostal Credit Unlon {PCUI. The Trustees are also Indebted to Statutory Auditors, Leroy Reld & Co. Chartered Certlfled Audltofs, 299 Norborough Road. Norbury, London SW16 4TR whose continuing support and available advlce was been parnmount In helplng us to meet our ststutory responsibilities over the last few years and our Independent Examlner, Mr S. Henry. We are also grateful to both NVCO (the Na￿ortal Council for Voluntary Organisation) and ACAT (the Associatlon of Church Accountants and Treasurers) for thelr support, resources and advlce made available to us as members. OBJEcfivES AND AcnvmES Publlc benefit The Trustees are aware of the Charity Commission's 8uidelines on public benefit. The work of the Charlty indudes the provision of free to use places of worshlp• prayer and public orientsted activities. The funds ralsed by the Charity are wholly directed towards the religious and charitable objertlves of the Charity. The Trustees are therefore of the view that the Charity satisfies the criterla laid down for meetin8 the public Interest test. Our mlsslon Is to: To p￿ach and teach the gospel of Jesus Christ. To ewangelise and win souls. To work within our community. To build a church of believers who are empowered and equipped to achieve thelr full potential. To maintain a friendly and loving environment where everyone can flourish and feel accepted.

To encourage bellevers to recoin5se thelr Jplrltual 11fts IO th•t they m•y operate wlthln those mlnlstrles. Our let obJectl¥rf for th1• report1￿ ￿*r •% p•rt of our mlmlon Included holdlni and dellverlni th• folltr •ctlvltle&' Genernl Conventlon 2024 E•ster Conventlon 2024 Wornen's Conventlon 2024 Youth Conventlon 2024 Reglon•l •nd local evan£ellstlc outreach and fellowshlp meetlngj Local weekly Sunday school sesslons Local weekly prayer meetings ind blble study sesslons Horne and supportV15its to unwell members, famllies and frlends Hospltal vlslts Resldentlal Care home vlslts Provlslon ol baby ond chlld blessSn85 Provislon ol baptlsms Provlslon of weddlng ceremonles Provlslon of funeral Services In additlon, we contlnue to provlde food banks and distribute both food and clothing to those In need within our local communlties. ERNAN ANA EME Govemlni document The Charitable company Ss governed by a Memorandum and Artlcles of Assoclation dated 13th November 2013 and was Incorporated as a Ilmlted company, limited by guarantee on the 6thJanuary 2014. as defined by the Companies c 2006 The old charity formerly known as Assemblles of the Flrst Born, charity no. 258457 was converted Into a Scheme under the guidance ol the Charity Cornmisslon on 16th October 2014, whereby the old charlty has been removed and rtrestablished as Assemblies of the First 8orn Charity and linked to the prlnclpal charity uslng charity no. I156317￿1. For purposes of Part11 (registration) and Part Vl (accounting) of the Chaiitles Act 2011. the commisslon directs that as at the date of the 5cherne shall be treated as forming part of the company. Under the Scheme to the Company as Trustees to be held in trust for the object of the Charity. The objects of the Charity are for the advancement of the Christian faith for the benefit of the public according to the rite5 and dortrine of the Church of the Assemblies of the First Born and to further such excluslvely charltable religlous purposes according to English law as theTrustees shall from time to time direct in any part of the World. The Members of the Board of Trustees who served during the year were: Rev E K Vassell-chair Rev A. Brown Mr H E Thomas Rev P. Pryce (appolnted 2nd April 2024) Rev J l Green-wright (resigned 2nd April 2024) The trustees are familiar with the church and charivs activities being drawn from experienced church officers and members. As required by our 8overnin8 document, all new trustees are seletted by the Board of Trustees.

An Induth'on Into the role and mponsibllities Is provlded. The Boird of Trujtees work with the Executfve Board to proP￿de strate8lc leader5hlp lor the •ctlvities of the Charlty and wlth our Mlnlsters Council Wofkini wlth local churth offlcefs •nd members to Implement the declslons of the Trustee and Executlve Board Related P•rt The trustees are •w•re that each member of the Board of Trustees. the executlve board rnembers. •ll ordilned minlster5 •nd theii spouses are considered to be related parts'es. Staff •nd Voluntee The efforL commitment •nd 5klllsof our staff and volunteers are at the heart of our charlty. Our seuetarles, treasurer5. members, Ind outreach workers are truly valued. and we are committed to ensurln8 thelr healt fety and well-being. Rlsk m•naiement •nd Safeiuardlni The frustees have a duty to identify. manage and revlew the rlsks to whlch the charlty Is exposed and to ensure •ppropri•te finantlal controls are in place to provlde reasonable assurance against fraud and error. The Board conducts reviews of major risks to which the charity Is exposed and has put In place adequate guidelines and procedures fof Identifylnz, monStorin8 and management of those rlsks. The Health and Safety and Safeguardln£ of all our vlsitors and membersls a central prlor4ty and we also undertake DBS checks and provide tralning for staff •nd volunteers as approprlate. Grant maklni The Charity does not make any significant grants to Indlviduals or other organlsatlons. The Charity does however, asslst or make contributions to other associated churches In Jamalca, India and the USA in regards to the fulfilment of our charitsble objects. Future pl•ns The Assemblies of the First Born church Is committed to contfinuous improvement to our ability to spread the good news of the gospel of Jesus Christ. We have the followlng three on8oin8 main strategic objectives: l. Evangelism and Outreach- we plan to increase our evan8elistlc actlvities Includin8 Street evangelism, family and frlends evangelism and soclal media evangelism. 2. Discipleship-we plan to continue to provide disclpleshlp and mentoring sessions for new and existing members. 3. Tralnlng and Development- we plan to Implement an Sn-house tralnlng programme based on Identified needs and signpost members to recommended external trainlng provlders. FINANCIAL REVIEW Flnanclal Posltlon The total incoming resources for the year was £232,45812023 - £218,6S71 and total resources expended was £204.862 reporting a surplus of £27,596 when compared to a surplus of £28,309 In the previous year. Reserve pollcv It is the policy of the Board of Trustees to maintain a balance of available unrestricted funds which is equal to six months of planned expenditure for the current financlal year. The Trustees consider that reserves at this level will ensure that In the event of slgnificant reduction In Income they will be able to continue the Charity's current activities while consideration Is given to ways In whlch additional funds can be Identified. The Charivs reserves as at the end of the year 31 July 2024 was £3.958.493 {2023 - £3.930.897).

STATEMENT OF TRusfEES RESPONSIBIUTIES The truitees Iwho •r• 4150 dlredorj of Ihe Aswmblles ol Ihe Flr5t Born for purposes ol compary l•wl •r• responslbl• for ￿PaTI￿ ihe Truslett r•port •nd fin•nclil rtat•ments In accord•nco wlth •ppllcabl• law arKI Unll•d KIn￿orn Accountlni Stand•idi IUnll?d Klnidom Gener•lly Acupted Accountlni Pf•rtlcel Includlni Fln4ncl•l Reportlni si•nd•rd 102 Yh• Fln•nclil Reportlni St4nd•rd •ppllc4bl• to th• UK Ind the Republlc of Ire14nd'. Compiny14w requlrrf the trustett to pr•p•r• fln•nd•l itatements lor e•ch fln•ndal year whlch li Ilves • tru• iThd filr vl•w of Ihe Siato of th• ch•rlt•bl• company and of the Incornlnq resour￿ •nd •ppllutlon ol sources, Includini Incorn• •nd expendlture of the tharlt•ble company for that perlod. In piep•rlni thos• fln•ncl•l stslement& th• tNstees ir• rtqulred to: select 6vlt•bl• ic¢ounllni pollcles and Ihen •pply Ihem conslstently• observe Ihe method5 Ind prlnclples In the charlty SORP; mike Jud8ernents ind estirnates th•t ire re•sonable Ind prudenl; prep•re the flninclil 5t•lements on the goini concern basli unless11 Is In•ppfoprlato to prosume that th• ch•rlt•ble company wlll contlnue In bu$Sne￿. The Trustees ar• responsSble for keepln8 proper •ccountlni r•coid5 whlch dIsclo￿ wlth reasonably •ccur•Ly •t •ny ilven Ilme the Ilnanclll posltton ol the ch•rltable company Ind lo •nibl• them to oniure th•t ih• flnlnclal slitements comply with the Compinles Act 2006, Thty •r• ilso responslbl• for ialeiuardlnl •ss•ts ol lh• charltible cornpany and hence lor taklng reason•bl• ileps for the preventlon ind detertlon ol fraud ind oth•r IrTe8ulirltles. Approved by the 8oard on 301h M•y 2025 slined on Its behalf, a% •uthorlsed by: Errol Vassell Chilrrnan

Independent Ex•mlnerfs Report to the Trurtees of the Assemblles of the Flrst Bom I report on the accounts of the th•fft•ble complny for the year ended 31AI July 2024. whlch are set out on pages 9. 10. IL 12, 13, 14 and IS in thls Report. Respectlve responsn>llMes of the trustee •nd ex•mlner. The tharity's trustees are responslble for the preparntion of the accounts. The tharity trustee conslders that an audit Is not required for this year under sectlon 14412) of the Charities Act 2011 (the 2011 Act) and that an Independent examlnation is needed. It Is ffly responslbility to: examine the accounts under sectlon 145 of the 2011 Act,. follow pr¢xedures laid down in the general Direction given by the Charity Commlsslon under section 145 15) Ib) of the 2011 Act: and to state whether partlcular rnatters have corne to my attentlon. 8asls of the Independent examlnerfi report My e￿mInati0Th was carrled out In accordance with the general Direction given by the Charity Commission. An examination indudes a review of the accounting records by the charity and a comparison of the accounts presented with those records. It includes consideration of unusual items or disclosures In the accounts and seeking explanations. Form you as trustees concernlng any such matters. The procedures undertaken do not provlde all the evidence that would be requlred In an audit and consequently no opinion Is 8lven as to whether the accounts present a 'true and falr view, and the report is limited to those matters set out In the statement below. Independent examlner's ststement In conneciion with rny examination, no matter has come to my attention: whith give me reasonable cause to believe that In any material respect the requlrernents to keep accounting record5 in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accountin8 records and comply with the accounting requirements of the 2011 Act have not been met; or 2. to which, in my opinion, attention should be drnwn in order to enable a proper understanding of the accounts reached. Mf Samuel Henry CMI 5 Thornton Road Wolverhampton WVI 2QG Date: 30th May 2025

qi ENDIN 2024 Unrestrlrted funds 2023 Totsi funds Notes INCOME AND ENOOWMEHf5 FROM Donatlons and legaoes 162.833 150,137 Investment income 69,625 68520 Total 232,458 218,6S7 EXPENDMJRE ON Charltable acdvllles thurch 204,862 190,348 Total 204,862 190348 NEf INCOME{EXPENDrruRE) 27,596 28.309 RECONCIUATION OF FUNOS Tot•1 funds brouiht forw4Td 3,930.897 3.9)2,588 TufAL FUNDS CARRIED FORWARD 3.958.493 3,930￿97 The notes form part of these financlal statements

2024 1023 Totsl funds funds Notes TOTAL FIXED ASSErs Tanglble assets 4.178.672 4.1￿.745 CURREKf ASSEfs AND UABiullES Debtor5 10 10.538 12.464 Cash at bank 316.302 338.652 CREDrroRS Amount falling due within one year 11 (83.125) (84,821) NET CURRENT ASSErs 243,715 266,295 TOTAL ASSEfs LESS CURRENT UABIUTIES 4.422,387 4,457.040 CREDrroRS Amount5 falling due after more than one year 12 (463,8941 (526.1431 NEf ASSErs 3.958.493 3.930,897 FUNDS Unrestrlcted 13 3.958,493 3.930,897 TOTAL FUN05 3,958.493 3.930,897 These finanual ststements have been piepared in accordance wllh the PrO￿$10n5 appllcable to charltable cornpanles subject to the small charitles regime. Approved and authorlsed for Issue by the Trustees on 30th May 2025 sl8ned on Its behalf by: Errol Vassell Chairman 10

ci ACCOUNTING pouaES 8ASIS OF PREPARING THE FINANCIAL STATEMENT5 The fln•ndal st•ternents of the charltable company• whlth Is • publlc benefit endty under FRS 102, have been prepared In accordance wlth the Charltles SORP IFRS 102) 'Accountln8 and Reportlng bv Charltles: Statement of Recommended prartI￿ applicable to charltles preparlng thelr accounts In accordance with the Flnandal ReportSng Standard appllcable In the UK and Republlc of lieland IFKS 1021 (effectlve l January 2019)., Flnanclal Reporting Standard 102 the Flnanclal standard appllcable In the UK Ind Republlc of Ireland and the Companie5 Act 2006. The f nanclal statements have been prep•red under the hlstorlcal cost conventlon. INCOME All income Is recognlsed In the Statement of Financial Activities once the charlty has entltlernent to the lunds, It Is probable that the Income wlll be received and the amount can be measured rellablv. EXPENDITURE Li•b51itles are recognlsed as expenditure as soon as there Ss a legal or constructive obligatlon commlttlng the charity to that expenditure. it is probable that a transfer of economic benefit wlll be required In settlement and the amount of the obligation can be measured reliably. expenditure Is accounted for on an accrual basls and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to partlcular headings they have been allocated to actlvltles on a basss conslstent wlth the use of resource5. TANGI8LE FIXED ASSErs Depreclation Is provlded at the followln8 annual rates In order to wrSte off each asset over its estlrnated useful life. Freehold property Fixtures and fittings Motor vehlcles Computer equipment 15% on reducing balance 20% on reducing balance - 25% on reducin8 balance TAXATION The charlty Is exempt from corporation tax on its charltable actlvities. FUND ACCOUNTING Unrestrlcted funds can be use In accordance with the charitable objectives at the discretlon of the trustees. Restricted funds can only be used for particular restrlcted purposes wlth the objects of the tharity. Restriciions arise when specified by the donor or when funds are raised for partlcular restricted purposes. Further explanation of the nature and purpose of each fund is included In the notes to the finanoal statements. 11

X124 2023 INCOME AND ENDOWMEPIT5 L Crf)NATIONS AND LEGAaES rithes •nd offerings 162,833 150.137 162833 150,137 INVESTMENT INCOME Rents reCeI￿d Deposit account interest 69590 35 68.493 27 69,625 68.520 TOTAL INCOMING RESOURCES 5. CHARTfABLE AcrivmES COST5 Direct Costs (see note 51 Support Costs Isee note 6) Totals Churth 167,082 37,780 204,862 Dlrect Costs of Ch•rftable icthiltles 2024 2023 Rates and water Insurance Light and heat Telephone Postage and stationary Sundry expenses Hire of hall Convention expenses Gifts and donations Motor and travel expenses Catering and hospitality aeanin8 and laundry Floral arrangements Premises maintenance Small equipment purchases Youth Forum expenses Fines and penalties Bank charges Depreciation of tsngible fixed assets 63n 20.268 51.372 S,347 2,674 2I87 1.708 7,7SO 15,030 9378 2.236 4.678 260 19.824 2,175 5,465 18372 40558 4.838 2.952 13.748 8.332 2.548 4,825 220 16,378 2.868 3,250 3.620 7.603 2,542 8,436 167,082 147.428 12

1. SUPPORT C05r5 Gowrn•nc• M•n•pm•nt Tot•li Churth 13,842 23,938 37,780 Iniern$t p4y•ble •nd slmllir charles Trustees, renumer•tlon etc Wiles Le841 and profoulonal fess. AdmlnSstr•flon Ind Audit fees 13,842 12.000 7,488 3,250 1,200 15,282 14,400 7,488 4,750 1,200 37,780 41920 Total Expendlture 204,862 190,348 Net Incorne 27,596 28,309

2. TRUSTEES, RENUMERATION AND 8ENEFtrs 2024 2023 Trustees, salarles 12,000 14.400 TRUSTEES. EXPENSES There were no trustees, expenses pald from Ihe year ended 31st July 2024 nor lor the year ended 31st Juty 2023. . STAFF COSTS Z024 2023 Wages, Salarles and N.1. Contributlons 2L929 22.380 The average monthly number of employees durlng the yeaf 2024 Number 2023 Number General Overseer and Admlnlstrator There were no employees whose annual emoluments were £60,(MX or more. 13

3. TANGIBLE FIXED ASSETS Fftehold prop•rty and flttfn Motor vehlcles Compirter equlpment Tatsls cosr At 1st August 2023 and 31st July 2024 4.161564 223,625 91,580 14.679 4,492.448 DEPREaAnoN At 1st Au8usI 2023 Charyes lor year 190,081 4336 73,264 2875 Ii,CM)9 392 274,354 7.603 At 31stJuly 2024 194,417 76.139 IL401 28L957 NET BOOK VALUE At 31st July 2024 At 31stJuly 2023 4,162.564 4,161564 20,842 24.235 11.479 14,624 169 201 4,195.054 4,201,624

4. DEBTORS: AMOUNTS FAWNG DUE wrrHIN ONE YEAR: 2024 2023 Other debtors 10,538 12,464
5. CREDITORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2024 2023 Barclaycard Other creditors 541 82.584 437 84,384 83.125 84.821 IL CREDrroRS: AMOUNTS FALUNG DUE AFfER MORE ThAN ONE YEAR 2024 2023 Bank loans 463,894 526.143

6. LOANS An analysls of the maturity of loans is given below: 2024 2023 Amount falling due between two and years: Bank loans- 2-5 year5 463,894 526.143 14

7. MOVEMEKf IN FUNOS Nel movement In funds At 31.7.24 At 1.8.23 Unre5trlcted lunds General Fund TOTAI FUNDS 3,930.897 27,596 3,958,493 3.930.897 27,596 3,958,493 Net movement In lunds, Induded In the ¥bove are •s follows: Incomlne resources Resources expended Movement In funds Unre5trlrted fvnds Genernl Fund TOTAL FUNDS 232,458 1204,8621 27,596 232,458 (204,8621 27,596 IS. RELATED PARTY DISCLOSURES Durln8 the year the followlng related party transactlons occurred between the trustees of the Charlty as follows: l. Stlpend payrnents were made to the Overseer, Bishop Jennifer Green-wrlght for the sum of £12,000 {2022 - £14.4001. The basls of these payments was approved by the Board of Trustees of the Charlty on the 17th January 2017.

8. stipend payments to Rev Errol Vassell were approved by the Board of Trustees on the 17th January 2017 for the provlsion of admlnlstratlon, financial control and Internal policles and tralnlng and development actlvities for the sum of £3.600 (2022- £3.600).
9. A loan of £20,000 was made to the Charity by Rev Errol Vassell between the 4th December 2020 and 22nd June 2021 and remains outstanding at the end of the year.
10. A loan of £8.500 was made to the Charity by Mrs Mlriam Walker on the 6th Marth 2020. Mrs Walker, an ex- trustee of the Charity, Is now deceased (5th December 2020) remalns outstanding at the year end. The Estate of the late Mrs Walker Is now the legally responsible party to recover the amount on behalf of the Estate. 15