GOSPEL FOR NATIONS
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31[st] MARCH 2026
CHARITY NUMBER: 1159065
GOSPEL FOR NATIONS 42 NEW ROAD HIGHWYCOMBE HP12 4LG
INDEX Page Legal & Administrative Details 1 Trustee’s Report 2-4 Independent Examiner’s Report 5 Statement of Financial Activities 6 Balance Sheet 7 Notes on the financial Statements 8 - 11
GOSPEL FOR NATIONS
LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] MARCH 2026
ADDRESS FOR CORRESPONDENCE
42 NEW ROAD HIGH WYCOMBE HP12 4LG
REGISTERED CHARITY NUMBER 1159065
GOVERNING DOCUMENT
TRUST DEED REGISTERED 4[TH] NOVEMBER 2014.
TRUSTEES/ DIRECTORS
PASTOR FINNY JOHN MR BLESSON THOMAS MR MATHEW ISSAC MR BINU VARGHESE
PRINCIPAL BANKERS
METRO BANK ONE SOUTHAMPTON ROW LONDON WC1B 5HA
INDEPENDENT EXAMINER
FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH
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GOSPEL FOR NATIONS
TRUSTEES’ REPORT YEAR ENDED 31[ST] MARCH 2026
The trustees are pleased to present their report for the year ended 31[st] March 2026 for the charity Gospel for Nations with charity number 1159065.
The Trustees of the charity are: Pastor Finny John Mr Blesson Thomas Mr Mathew Issac Mr Binu Varghese
The principal address of the charity is : 42 New Road High Wycombe HP12 4LG
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a Trust deed that was adopted 4[th] November 2014.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.
OBJECTIVES AND ACTIVITIES
The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the United Kingdom as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.
ACHIEVMENTS AND PERFORMANCE
During the year, the charity continued to use hired halls and community venues to carry out its activities and further its charitable objectives. Despite not having a permanent place of worship, the organisation remained committed to meeting the spiritual and practical needs of the communities it serves.
Regular spiritual gatherings were held to promote faith, fellowship, worship, prayer, and biblical teaching, providing encouragement and support to individuals and families. Evangelism programmes, including outreach activities and special events, were also undertaken to share the charity's message of hope and engage with the wider community.
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The charity continued to support people experiencing hardship within the United Kingdom, India, and Africa through financial assistance, donations of essential items, educational support, and other welfare initiatives aimed at improving their wellbeing.
Separate sessions were organised for children, young people, and adults to address their specific needs. These programmes focused on spiritual development, character building, leadership, and community participation.
Fundraising events, fellowship gatherings, and training programmes were conducted throughout the year. These activities helped strengthen relationships among
members, equip volunteers and leaders with relevant skills, and generate income to support the charity's work and projects.
The trustees consider that these activities produced positive outcomes, reflected in increased participation in events and services, greater engagement from volunteers and supporters, and a rise in donations received during the year.
The organisation continues to hold regular services and ministry activities through its branch churches in High Wycombe, Aylesbury, Oxford, and Witney, extending its charitable outreach to a wider community.
The trustees remain committed to advancing the charity's objectives and expanding its programmes to support those in need and make a positive impact within the communities it serves.
.
FINANCIAL REVIEW
The income of the charity is above £121,900. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The charity continues to support Mission work in India.
RESERVE POLICY
It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.
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RISK MANAGEMENT
The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.
TRUSTEE RESPONSIBILITIES
Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:
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Select suitable accounting policies and apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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State whether the applicable accounting standards have been followed.
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Prepare financial statements on an ongoing basis.
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on 8[th] June 2026 and signed on their behalf by:
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Independent Examiner’s Report To the Trustees
GOSPEL FOR NATIONS
I report on the accounts of the church for the year ended 31[st] March 2026 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :
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Examine the accounts under section 145 of the 2011 Act.
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Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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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 Commissioners. 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 I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention;
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(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept( in accordance with section 130 of the 2011 Act
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accounts are prepared which agree with the accounting records and comply
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with the accounting requirements of the 2011 Act: or
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(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.
CHUKS AJUKA BSc(Man), FICB PM.Dip FRESH FIRE ORGANISATION 95 Miles Road Mitcham Surrey CR4 3FH
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GOSPEL FOR NATIONS
Statement of Financial Activities for the year ended 31st March 2026
| Unrestricted | Unrestricted | Unrestricted | Total Funds | Total Funds | |
|---|---|---|---|---|---|
| Funds | 2026 | 2025 | |||
| Incoming ResourcesNote | £ | £ | £ | ||
| from generated funds | |||||
| Donations and Legacie | 2 | 98632 | 98632 | 91343 | |
| Investment income | 3 | 1572 | 1572 | 1752 | |
| ___ ___ ______ |
|||||
| 100204 | 100204 | 93095 | |||
| Other Income | 21702 21702 19182 ______ |
||||
| Total Incoming | 121906 | 121906 | 112277 | ||
| Resources | |||||
| ______ | |||||
| Resources Expended | |||||
| Charitable activities in furtherance of objectives | |||||
| Charitable Activities | 6 | 59,313 | 59,313 | 44,131 | |
| Other | 4 | 20990 | 20990 | 22810 | |
| ______ | ______ | ||||
| Total Resources | 80,303 | 80,303 | 66941 | ||
| Expended | ______ | ______ | |||
| Net movement in funds | 41,603 | 41,603 | 45336 | ||
| Reconciliation of Funds | |||||
| Total Funds brought forward | 282323 | 282323 | 236987 | ||
| Total Funds carried forward | 323,926 | 323,926 | 282323 |
The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.
The notes on the accounts form part of these accounts.
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GOSPEL FOR NATIONS Balance Sheet as at 31st March 2026
| Note 2026 Fixed Assets £ Tangible fixed assets 5 10480 _ 10480 _ Current Assets Cash at bank and 292494 in hand Debtors & prepayments 21702 314196 Creditors:amounts falling due within one year Creditors & accruals 8 750 _ Net Current Assets 313446 _ Net Assets 323926 Unrestricted Funds 323926 _ TOTAL FUNDS 323926 _ |
2025 8863 |
|---|---|
| ___ 8863 |
|
| ___ 254968 19182 |
|
| 274150 600 |
|
| ___ 273550 |
|
| ___ 282413 282413 |
|
| _ 282413 _ |
Approved by the trustees on 8th June 2026 and signed on their behalf by :
The notes on these accounts form part of these accounts
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GOSPEL FOR NATIONS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2026
1) Accounting Policies
These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with: The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014.
1.1 Going Concern: The accounts are prepared on a going concern basis. 1.2 The accounts present a true and fair view and no change have been made to the accounting policies adopted.
1.3 No changes to the accounting estimates have occurred in the reporting period
- 1.5 No material prior year error have been identified in the reporting period.
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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The charity becomes entitled to resources;
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It is more likely than not that the trustees will receive the resources;
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The monetary value can be measured with sufficient reliability.
Grants and Donations
Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)
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Tax reclaim on donations and gifts
Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
EXPENDITURE AND LIABILITIES
Liability Recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Grants and Support Costs
Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
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GOSPEL FOR NATIONS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2026
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
ASSETS
Tangible Fixed Assets for use by the charity
They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.
Debtors
Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.
.
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GOSPEL FOR NATIONS Notes to the accounts for year ended 31st March 2026
2 Voluntary Income/ Other Income
| Church collections Tithes & Offerings Gift Aid Total |
Unrestricted Total funds Funds 2026 2025 £ £ £ 98632 98632 91343 21702 21702 19182 _____ 120334 120334 110525 _____ |
|---|---|
3 Investment income
Unrestricted Total funds Funds £ 2026/£ 2025/£ Bank Interest 1572 1572 1752
| 4 Cost of generating funds Donations Missions Speakers expenses Total |
amount £/2026 £/2025 3000 9560 5994 7800 11996 5450 ___ 20990 22810 |
|---|---|
5 Tangible Fixed Assets
| Cost At 01/04/2025 Additions At 31/03/2026 Depreciation At 01/04/2025 charge for the year At 31/03/2026 NBV 31/03/2026 NBV 01/04/2025 |
Equipment Instrument Total 2026 £ £ £ 8166 7263 15429 2438 1799 4237 |
|---|---|
| 10604 9062 19666 5114 1452 6566 1098 1522 2620 |
|
| 6212 2974 9186 4392 6088 10480 3052 5811 8863 10 |
GOSPEL FOR NATIONS Notes to the accounts for year ended 31st March 2026
6 Cost of Activities in furtherance of Charity's Objectives
| 2026/£ | 2026/£ | 2025/£ |
|---|---|---|
| Rent & Hall Hire | 24737 | 23528 |
| Events & Substitence | 4036 | 8108 |
| Travel | 6450 | 3800 |
| Depreciation | 2620 | 1764 |
| Accounting services | 750 | 690 |
| Insurance | 842 | 806 |
| Hire of equipment | 550 | 0 |
| Post & Stationery | 1989 | 1016 |
| Repairs and maintenan | 0 | 875 |
| Supplies | 3438 | 1004 |
| Welfare | 50 | 730 |
| Equipment expensed | 1272 | 0 |
| Subscriptions | 529 | 555 |
| Bank charges | 36 | 0 |
| Hospitality | 6562 | 455 |
| Benevolence | 5452 | 800 |
| Total | 59313 | 44131 |
Trustee Remuneration
No trustee received remuneration and all work was carried out by volunteers.
| **8 ** | Credtors: amounts falling due within one year | 2026/£ | 2025/£ |
|---|---|---|---|
| Accruals | 750 | 690 | |
| Total | 750 | 690 | |
| **9 ** | Debtors and Prepayments | 2026/£ | 2025/£ |
| Debtors | 21702 | 19182 |
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