Chaffty No 1158841 GLORIOUS LIFE GOSPEL CENTRE TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 APRIL 2024 GLORIOUS LIFE GOSPEL CENTRE For the year ended 05 April 2024 Charity Information Trustees Chima Erondu (Chairl Pastor Chuks Godwin Amarachi Erondu Prlnclpal office 234 Trafalgar Road London SEIO 9ER Re￿rt ofthe Tru5ttts The trustees present thelr report wther with the financial statements of the trust for the year ended 05 April 2024, Prfndpal Actlvlty The Prlnclpal Actlvlty of the tharfty durfng the perlod was. to advance Chrlstlan faith In the UK for the benefits of the publlc through the holding of thurch service5. Prayer, meetlngs, conferences. Development Provislon of a worship Centre for the public. Mentored and Coathed Young People to come out of Joblessness. - finding jobs and career path Prayer & Muslc Conferer Statement of Trustees Responslbllhles Law applicable to charftle5 In England & Wale5 requires the trustees to prepare financial statements for each financlal year which give a true and fair view of the tharity's financial artlvstles during the year and of Its finanaal positfon at the end of the year (unless the charity is entitled to prepa￿ accounts on the alternative receipts and payments basls) in preparlng finandal statements 8lvln8 a true and falr vlew. the trustees should follow best practice and: - Selecting suitsble accounting policies and applying them ccffisistently - Make judgment and estlmatss that are reasonable and prudent - Prepare the financial ststements on the going concern basis, unless it is inappropriate to presume that the tharlty wlll contlnue In buslness The trustees are responslble for the keeplng accountfng records whlch disclose with reasonable accuracy at any tlme the flnanaal statements comply wlth the trust deed. They are also responslble for safeguarding assets of the charity and hence for taklng reasonable steps for the prevention of and detertion of frdud and other irregularities. roved Trustee Date: 0410212025 GLORIOUS LIFE GOSPEL CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 05 APRIL 2024 Note 2024 2023 INCOMING RESOURCES Donations 1771 Misc Income Total incoming resources 1771 RESOURCES EXPENDED Charitable Expenses 1572 Governance Total Resources Expended 1572 Net (Outgolng)/incomln8 Resources for period 199 Revenue account brought forward Revenue account carried forward 199 GLORIOUS LIFE GOSPEL CENTRE BALANCE SHEEf AT 05 APRIL 2024 2024 2023 CURRENT ASSETS Cash at bank and in hand 199 CURRENT UABILMES Creditors NET ASSEfs/(UABILmES) 199 FINANCED B*. Funds 199 199 Appro Trustee Date: 04/021202S GLORIOUS LIFE GOSPEL CENTRE Ststement of Financlal Activities For the year ended 05 April 2024 I. ACCOUNTING POLICIES The basis of Preparation of Accounts The financial statements are prepared under historical cost convention and are in accordance with applicable accounting Stsndards. In preparing the financial statements the charity follows best practice as set out in the statement of recommended Practice on accountin8 and reporting by charities: The charities SORP 2015. Incoming Resources This represents the totsl incorne receivable duringthe year which is recognised on the accruals basis for accounting except for: a) All donations induding sums due under gift aid and deeds of the covenant are included in the year in whith they are received. bl Membership subscriptions are credited to incorne In the full year they are received.