REGISTEAED COMPANY NUMBER: 0883J424 IEwl•nd •nd W*l•s) REGISTERED CHARITY NUM8EA.. 1156317 ASSEMBLIES OF THE FIRST BORN TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31JULY 2025
leyl •nd Admlnlslrnfh* Inform•tl¢ Vrustees Report 4107 Independent Examlnff i Report Statement of Fln•nd•l Arti¥tt Balance Sheet io Notes to the Flnandal Artivitles Ilro15
Th• 8o•rd ol Tiuilee4 •we pl••1 to piejnl oul iPOft •nd iccounii lof th• yè•1 •nded JJ luly 2025 Th• liuit•ei ale •lso dir•ctori ol the £h•ilty fw th• purp09rt of th• comp•nl Acl 21Th. Th• Iln•ncl•l ital•m•nli h•¥ b•on w•11 In •crord•n¢• wllh Ihe Cofflp•nl•s Aci icTh. lh• Ch•rthn A¢1 2011 •nd Atcounllty •Thd Roporiini by Ch•iini' Sl•lemnt of A•rornm•ndod Pr•cllce ISOIPI •ppllubl• lo ch•ritt•s PfeP•lIN their Ircounls In accoid•n¢e wllh the Fln•nd•l Reptyiirv4 siindawd ippll¢Jbl• In th• UK Ind N•publi¢ ol irel•nd IFRSIOII. effecllve I linu•ry 202] We are Ihanllul to God •nd lur the sUPPOrt •nd help ol oui church mlnislers. omcers. rnemborn, TMluni•ffg and pailners we W•f •t to (lIn on oui misth>n •nd rn•et oui lrtY lor tho y••i. The Ch•rlly, Assemblles ol the Flyst Boin IAFbl, conllnuej to h•¥e h•$ lourt•en church br•nchrt ihfouihout Ihe UK b43ed In London, (rOJ0n. Lulon, 5wlndorn Biistol. Blrmlniham. Wiljall. Defby and Nottlnih•rn W• •lso sh•io fllowship wlth ulhtr chuiches bolh on • n•llon•l ind Inlefn•tton•l b•515 which Intlud•i AF Itllowshlps In lamalci, USA. Canid• •nd Grand CJYm•ns and Ind1• •nd have three InttiniiioNI parin•f churthes b4sed In New York •nd Flo1¥ In the LISA. We hw• •1 dur1 ihij yur fofpo IDloim•l fèllowship •ri•r)iemènts wlth churthes In Keny• •nd Elhlop14. We h•ve been estibliihod siTh¢e 1961 and ar• Kr•telul lor the rich htory •nd thurch pl•ntsry of our foundini I•iho •nd mothers who were p•rl of th Wlndrush Generatton. The Assemblies ol the Firsl Born Church conttnues Io PflOfltls the reachinc oul lo •s many peopl• •5 P0551ble with the me55•#e of ihe Gospel ol leius Cfv15t and lo help ind support peopl• lo discovw thr polent141 •nd Ilve a fulfillln8 and prosperous life. The Church Is a member ol the Ev4n8elical Alliance. Ihe N•honal Council loi Voluntary Oiian15athons INCVOI, Ihe Associatton of Church Account•nts and TreasurS IACATI and the Pentecostal Ci•dlt Unson IPCUI. The Trustees •re •150 Indebted to Stltulory AuthtOf5, leroy Reld & Co. Chrtered Certtfied Audltor& 299 Noiboiouih Road, NoTbury, London SW16 4TR whose connnulni support and a¥a114ble •dvice w•$ been paiarnount In helpiry us to meet oui sl•lutory respor*sibilines over the l•sl ye4rs and Ouf Independenl Examintr, Mr S. Henry. We are also iratelul to th NVCO Iihe N•tlon•l Coundl for Volunlary Orianisationl •nd ACAT Iihe Assod•llon of Churth Iccount•nts •nd Treasurernl lor thwi suprw( rtsoufftt and adw¢o made Iv•ll•ble to us as member OBJEUIVES AND AcnvmES Publlc btneflt The Trustees are aware of ihe Charity Cornmission's iuidelines on publlc benefll. The work ol the Charlty Includes Ihe provision of liee to use places of worship. prayer ar public orientated athvthes. Tht lunds ralsed by the Charity are wholty directed towards the relrflous Ind ch•rltable oblecttves ol the Chifity. The Tr4tSiees are therefore of the ¥le4¥ Ih•l the Charlty s•tssfies the ulterH ld down lor meellni the publlc Interest lest. Our mlsslon b lo: To preach •nd teath the spe1 ol Jesus Chrlst. To evangelise and win xjuls. To wofk within our community. To build • chuvch of believer5 who •re emwwered and equipped lo •chb•¥e the¢r fvll ¢x)tenttal. To rnalntaln • friendly and Ivln4 ernryronrneni whefe e•wyone can and feel •ccepied.
To encoui•y belwn to feco¢nls• I1r 5plrllu•l wfts w thal Ih•y mty op•i•i• IhM• ministiies. r obl•¢il¥rt lor ihkn 1•pttry •• p•rt of (wr mlmlvn ded hoh11 •nd d•ll¥•rlry th• lolli •rtl¥llltt." Gener41 Con¥entron 2025 E•ster con¥•nt 2025 Wofflen's Comfntton 2025 knilh Con¥enllon 2025 Alon41 •nd loc•1 evaweli511c outreach and fellow5hlp meetri Loc•1 weekly sunday School se5510ns Local weekly Pfwr meellnp and bible St seulons Home and support vlilts lo unwell memljern. l•mllies •nd frier Hospilal wsils Residentr•l Care home visilj Prowsion ol baby and child blewn Provision ol baptTrsms Piovision ol wtddine ¢efemonles Provision ol funefal seNces In Iddinoft. we connntse to pro¥Kle lood banks •nd distnbuie both food and doihin¢ to those In neod wrtn our local communiiies. TR RE VERNAN MANA EMENT Govemlni document The Charitable company Is w¥erned by a Memor•ndum and Arncles ofAsso¢won dated 13th No¥embN 2013 and was incorpofated as a limited MpInV, limiied iu•Trntee on the 6• J4nu•ry 2014. as defirbed by the Companies Act 20C. The old charity formerly known as AssembJis ol the FIM 8ofn. charity 258457 was cotwerted Into Scherne under the guidance ol the Chariry CommissKn on 16th Ortober 2014. whereby the old th•rity h•$ been removed and re-e5f•blished as Assemblie5 of the First Ch•rity and linked 10 the wnap•l chlrlty uslnrf charity no. 11563174Jl. For purposes of P•rt 11 {reTIOnI and Part Vl (•ccountyn ol the Ch•rmes Act 2011, th commiSOrt directs that as at the dalè of the Stheme shall be tre•ted as fomiin4 part of the mpany. Undef Ihe Scheme to the Comparry as Trustees to be held In trust for the object of Ihe Charrty. Tht objects of the Charity are lor the aoancement of the Chr laith lor the benefii of the public accwdv to the ¥ites and dortrine of ihe Church of Iht AsSeMleS of the F$t 8ofn ar io fvrthef suth xdusi¥tly chariiable ieligious PUfpose5 •ccordini to En8lbsh law •5 the Tru51ees thall from tyme to tsrne thrert in any part of the Wotld. Th• membe of the Board ofTruslee5 who ser¥ed duiirq the r were.. Rev E K Vasseil- Chair Rev A. Blown Mr H E Thomas Rev P. Pryce The trustees are f•mili•r 1h ihe churth and charirfs •cnvmes bw'ry (trawn Irorn experlenced thurch offlcer5 and members. As fequired by our doc•Jmen¢ all ne trustees are selected by ihe Boafd of Truste. An Induthm into the role and responsi¢$ o ryded. The Board of Tiumees with the EXeojt 8oard
Gf¥nt maki The Chanty does not make ary yyifirant yants to fftdivth41s or other (Y1¥MS The Chth does ye•er. asysi or make conmbuDons to other asx)atsd thw¢trs JamaKa. Ira •rO the USA regard5 to the fu1Ment ol our thantsble obiert Futurn plans ¢ood nthJ ofthe spe1 ol Jesus (tr FINAPICIAL AEVIEW re5er¥e5 •$ 4¢ tt fyl tr• y 31 2025 a9nJ>•11024 . £335a493k
5fATEMENT OF TRUSTEES RESPONSIBILITIE5 Ih• tiuit•M Iwho •1• •lw dii•clon ol lh• A51•mbll•s ol th• Flnl 8orn Iw pUrrrt) of u>mpaffy l•wl •F• i•sponiible tor wp•ilN th• fivii••¥ •nd ftn•rKiil it•l•m•nti In •c¢Nd•h¢• t•llh •ppfic•bl• l•w •nd Uniied Kin¢v Arrounttni SI•1di Iunlled G•n•i•lly Acr•pl•d A(counllni Pr•rllt•l Includir rin•no•l R•ivlbni St•nd•id 102 Th• Fln•ncl•l nlI1n¢ St•nO•rd •p¢•bl• 10 lh• UK •nd lh• l•publlc of Comp•ny law rniulr•s lh• truil•M lo pw•p•rt hn•Ddil il•t•m•nts IDI ••th lIn•Ill •1 whlch li ilwi • tiu• If f•lf of lh• st•t• ol th• (111ble r¢Mnp•ny ind ol lh• Incomlm t•$0Yitw •rnl IP11n gl Includin• Income •nd eyndilui• ol ch•rlt•bl• Comp¥ lor Ih•l p•ik)d. In w•p•ilrq th• hn•n(141 Sl•leMen the tfU51eeJ lie required lo"
elcl 5Ult•ble •ccountrw pollcie5 and Ihen Ipp Ihm conslil•nllv.' observe Ihe methods •nd wlnciples In the chaiity SORP; mik iud8ement5 •nd esiim•¢eJ th•1 •re re•son•ble and 5yudeni: prnpare the hnincial stalemefirj on ihe pini concern b•511 uftleull Is lTh•pwoprl•le lo pr•surn• Ihal Ihe ch•fltoble cornpany wlll rnntlnue In Th• Trustees are re5ponsiblt lor keeni woper accounllr4 records whKh dlxlos• wlth i••ioMbty •ttui•ri •t Irty liven nme ihe hnar)ciil p051non of ihe rhari1•e cornp•ny and to en•ble them lo eniui• Ihlt the statements comply with the Companies Aci 2LK6. Thty ale •lso iespon51ble lor s•fe¢u1rdi •sseiS ol ih• ¢harit•ble comp•ny Ind hence IOT tdkini reason4lAe sttps for the pfevenn.on and deicDon ol Iriud Ind olh•i Irre8ularittes. Appioved by the Board on 19ih Aviusl 2026 Sied on its behalc as authorised ty., Errol Vassoll Chairman
Independenl E¥•mlnef i Ilwrt to the Trurtttj of tho Assembllts ol the FSrn180rn I feport on the •(counts ol iht chailtable cornpany lor the ye•r ended 31 July 2025. whlch are set out on p•ys 9. 10. I I. 12. 13, 14 and 15 in t5 Aeport. Aesprfilve rnsponslblllllrt of ihe trustee •nd eumlner. The tharity's Irustèes •re responsible lor the prepafatron ol the •ccounts. The ¢h•r4ty Irustee considefs tht * audtt 15 nol required for tb15 year under 5ectson 144121 of ihe Chafitses Acl 2011 Ithe 2011 Act) Ind that •n Independent ejtaminatron Is needed. 111$ my responjibillty 10: eJtamin¢ the actounts under seCn 145 01 the 2011 Art: lollow procedures laid down In the itner•l Dliectson the Charity Cornmts%on under sectton 145151 Ibl of the 2011 Act: and to state whether parncular mrtèts h•¥ come to my •ttenttoft. Basls ol th• Indeptndenl wmSn•f'i rnport My eXaminatn w•$ rarri•d oul In •coyd•n¢e with the ynrnl &f•¢tbon wven trrf the Charity COMMlon. An eximin•non ift¢lud•s • review of ihe •ccounDry rectyds by Ihe charity Ind • camparnon of the accounts presented with those records. It includes cansideratson ol 4tnu5ual Items Of disdosufes in the accounts and seeking eiplanattons Irom you •$ trustees concernlry •rry 5uth m4tter5. The prc<eduru undert3ktn do not provide all ihe eV¢t th•1 would be rtqyired in •n •udi¢ and consEquntfy no OpinK is zNen as to whethei the accounts present • 'lrue •nd lair te. and the rewrt Th Ilmittd to Ihose rnalt•r5 sel out Iho 51alemenl below. Independent examlner's statement In connerbon with my ex•min•tron. no matter has come to rny •rtentson: whlch gwe rne Te•sonible cav5e to belitht that in any matertal respea the requlrements to keep ac¢ountrry records in accordance wilh seciion 130 of the 2011 Act." and to prepare •ccounts which •ccord with the •c¢ounnn¢ rectyd$ cornth ¥fflilh the x¢¢yJfiii"w requlrwnents of ihe 2011 A have nol been met- or lo whith, In my opinion. •ttenfjon thwld be drnwn In otdef to en•ble • &Yorer •Jndwsi•nthr* of Ihe accounts rèach. Mr Samuel Henry CMI 5 Thornton Ro•d Wotverhampl WVI 2QG Date.. 19th Av(uM 2026
The norm Ic•m p•rt of these ftn•nci•l st•lements 2015 Unrestrlrted funds 2024 7ot•l funds TOTAL FIXED ASSErs T3ngible assets 4,158.732 4.178,672 CURRENT ASSETS A140 LiABILmE5 Oebtors io 9.487 10.538 C•sh •t bank 293.347 316.302 CREDITORS Amount fallini due within one year li 181.5781 183.1251 NET CURRENT Assrrs 221.256 243,715 TOTAL ASSETS LESS CURREKf UABiufiES 4,379,988 4,422.387 CREDITORS Amounts falling due after more ihan one ye•r 12 1102,684) 1463,8941 NET ASSErs 3.977.301 3.958.493 FUNDS Vnrestn¢ttd 13 3.977.304 3.958.493 TOTAL FUNDS 3.977.304 3.958,493 These finanoal staiements have been prepared bn •ctord•n¢e with Ihe pr(y4w applicabl¢ to charitable companie$ subject lo the small thafitses reiime. Approved and aulhor15ed lorlssue by the Trustees on 19th Auiust 2026 siird on its behalf iry: k.uw Errol V•ssell Chairman io
ASSEMBUES OF ThE FIIIST DOPA FINAP4CIA 41 OASIS (% PIIEPARIp ThE FIPIANQAL sfATEMEK15 finrKl 51•terneniS d ihe chanr•ble aynrry. wtKh N • benefft entrty utsdef FR5 101 been wep•red In ac£onJ•rKe wsth the Charths SORP IFRS 1021 Ac(ountry •r•J try •cuYd•nce with ihe FInaal Aeprypry S11rd •pplK•ble m Iht VK wrfl Rewi4K of litlwxl IFR5 1021 leffertNe i l•nuary 20191,. Fin4w•l RporDry Star41d 102 the Fm4rKl 51•ThJ•rd •P•bI the UK ind Republic of Ird•nd and the Companies Aa 2(. Tr staternents hwe boen ppared wider the hst1clI cost COfr•wtso INCOMÉ l inrorne 15 fuD¢nd in Ihe SMemen¢ of Finanul A£Mies once the thr h•5 enIrtt to the fvnds. rt probable th•t the mcorne be rereTrd •nd the •fflount m•sured rek•P EXPÉNDrruRE LJabilitTes arè recOed as expenditure •s soon as is • lepl or construcD¥o oblrfats cornmittbng the drity to that expendrture. rt ts probab it • It¥thr of e¢¢1¢ benefft 11 be fequired In settlernenl and the amouni ol the obfiytton ¢¥n be measured reliably. expenditure is •ccounled lor on an accrual basis and has been dassified heathry Ihat awefate all co related to rhe category. Where costs cannot be directhf atthEwted to p•rtKylai headin8S they h been allocaied io on a bays consittent with the use ol resouf TANGIBLE FIXED ASSETS Depreoanon is wiwded ar ihe follo 4Mual rntes in order to off eath over its esnmaied usefvl life. Freehold proFWty Fixtures and fith'nzs Motor vehKles Computer equiprnent 15% On fducin( balance - 20% t)n reduct balance - 25% on reduow balance TAXAYION Th• charity is exempt from corpor•Don tsx on its th•rrtable FUNDACCOUNllNG Unrestrirted funds un be use in with the thantsble obJeclNes at the det ol the tnjstees. Re5trirted funds onty be used for partt'ojlar festricted Purposes th the obieds ol the ¢h•rlty. Rèsirithons arJ5e when 5peofied by the donor or when funds are raised for parncular ieMrKted purposes. Further explanatson ol the nature aThl purpose of each fund ts iruded in the notes to the final11 staternents. li
1024 INCOME APID EPIDOWMENT5 L IX)NATh)N5 APIO IEGACIES r4th•s •rrt urInp 1.138 161.833 1.231 162,833 ). INVESTMEpif INCOME Rents fernd Dep0511 accounl inteiest 72.478 69.590 35 72516 69,625 4. TOTAL INCOMING RESOURCES S. CHARITA8LE AcnvmES CO Dlrtd Costs lsee note 5) Corts Isee Iiole 61 Tot•ls Chuich 166.680 38.263 204.943 Dlrert Costs of Ch•rlt•ble •ctl¥ltl 2015 1014 Rates •nd water Insufance Light and heal Telephi)ne Postaee and 5tatsonary Sundry expenses Hife of hall ConverrtKn expenses Gifts and donatsons Motor and travel expenses Catering and hospitality cleani and l•undry Floral arrangements Premises Maintenance Small equipmeni pur¢hases Youth Forum empenses Fines and peTh•Ie$ Bank tharies Depreoatr¢)fi of tangible fixed assets 6.485 2L42S 50.736 4367 3.349 L284 1.635 8.125 13,850 10.396 3.420 3,646 450 21.165 ioio 6J72 20,268 51.372 5.347 2.674 1887 L708 7.750 .030 9.378 1236 4.678 260 19.824 2.175 90J 3.610 1.733 166.680 167.082 12
. SUPPO COSTS Chyrth 14.77S 2J.4 .26J Interesl p•¥•ble ymil•F th•ri Tivsle5' fEnum•rnnon •tr 14775 13.143 12,(lJl 7,4 J.250 7.41J Lrfal and prolewonal less. Adminlstr•llon •nd Auth"t fees 31263 37,7UI Total E¥penditur 204.943 2(b4.062 Nel Income .Bii 27,596 7. TAUSTEES. RENUMERAnoN AND BENEItI5 1015 1014 Trustees. salarles 12.1 TRUStEES' EXPENSES Thefe were no tNstees' expemes paid from ih• 41 endto 31$1 Juty 2024 nor lor th• ended 31st Ju 2023. . STAFF COST5 1015 1014 Wales. S•l•ris •nd N.1. Coniribuvons 11.929 21.929 The averay monthly number ol emgloyees durlrq th• yir 2024 Number Ilumbtr General <>4er5eer and Adminlstr•tor Thert were no emploffjes whose 4nnu•l emoluffl•nts wet• £60.(IX) Of mwe. 13
- TANGlbiE FIXED ASSEf5 Flalurn wehldH •wlprMnt 14)ts1• cosr At 1st A4usl 2024 •nd 3151 2025 4.162.564 223.625 91.SKI 14ffi79 4A92.448 DEPRECIATIOII Isi Au¢us1 2025 Ch•ryes fDr 115.629 3,681 72J67 10.751 421 2U.754 At 31st Juty 2025 1fj9.310 74.6n 11.179 275.161 800K VALUE Al 315t July 2025 At 31st July 2024 4.162.564 4,162,564 19567 20.842 11.043 IIA79 155 169 4.193.329 4,19S.IYJ4
- DEBTORS: AMOUPUS FAWNG DUE IAryTHIN ONE YEAK" 2025 2024 Other dtbtQf5 9,487 10.538
- CREDITORS: AMOUPITS FAWNG L)UE wrrHIN ONE YEAII 20 2024 Baidaycaid Other utditor5 633 80.945 541 12J84 81378 83.125
- CREDITORS: Amovpifs FAiUNG DUE AFfEA MOIIE ThAN ONE YEAA 2025 1024 Bank loans 402.684 463194 ij. LOANS An aly%1$ of the maiurrty ol k)arn ts (Nen belw. 2025 2024 14
nk lo•r& . 2.5 4016 463m4 14. MOVEMENT IN FUP405 LA.24 h•nds 31.725 Unrnslrict•d lund4 Gv+eral Fund TOTAI FUNDS 3.9,493 iylii 1958.493 Nei movement in lunds, induded m ihe al1¢y a5 lolknhs: Uniestncted funds General Fund 223.754 1204.9431 18Jll TOTAL FUNDS 223.754 12043431 15. RELATED PARf( OISCLOSIIRES Dunni the year the followinl ielated pany trarCOr& OCCUn beTh¥een the trustees al the •5 lollows: l. Strpend payments to R• Enol V•ssell wefe •pwtyrfd the ol Trustees (bn the 17th January 2017 lor the prowsion ol admin111. fin•no•l ccffitrol and fftternal and trawwrf arKI dertl¢¥Yneni actrvin'es lor the surn of £3.6{2024 . O.6CKII. 2. A loan of £20.LKX) was made to the Chanry by Errol between 4th Decernber 2020 and 22nd lune 2021 Ind rernwns outstanthry at the errfl ol the ar. 3. A loan of £6,5 was rn•de to the Ch•nty Mr5 Walkn the 6th PA•fth 202Q lthvalkef. an trustee of Charify. dKt45ed Isth Otcembtf 20201 remwÈs $tsnd• at the yeai The Estate ol the laie Mr5 Walker ts now the W rupwfyble p•rty to reay•r the behalf of the Estate. 15