Registered Charity Number :- 1159668
MARANATHA FULL GOSPEL CHURCH a Charitable Incorporated Organisation
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
MARANATHA FULL GOSPEL CHURCH Saint Andrews Methodist Church Exe Hill
Torquay 07872918597
MARANATHA FULL GOSPEL CHURCH
CONTENTS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES' REPORT-------------------------------------------------------------------------------------------------------------3 INDEPENDENT EXAMINER'S REPORT------------------------------------------------------------------------------------6 RECEIPT AND PAYMENT----------------------------------------------------------------------------------------------------7 STATEMENT OF ASSETS AND LIABILITIES---------------------------------------------------------------------------9 NOTES TO THE FINANCIAL STATEMENTS--------------------------------------------------------------------------10
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MARANATHA FULL GOSPEL CHURCH
FOR THE YEAR ENDED 31 MARCH 2025
MARANATHA FULL GOSPEL CHURCH TORQUAY AND EXETER
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SUNDAY SERVICES: By the grace of God, we successfully conducted 52 Sunday services throughout the year. We have English and Malayalam sections as well as combined services. Each service offered a chance for worship, spiritual nourishment, and community building among our congregation.
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WEDNESDAY COTTAGE MEETINGS: We held 52 Wednesday cottage meetings at the homes of our believers. These gatherings provided an intimate setting for prayer, Bible study, and mutual encouragement, fostering close-supportive relationships within our church community.
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SUNDAY SCHOOL : Sunday School was conducted every Sunday, except when we had combined services with other churches. This year, we started with a more organised approach using a COG-approved syllabus, ensuring a structured and comprehensive education for our children. We also appointed a new headteacher along with new teachers to strengthen the programme. Another key development was the successful conduct of an exam for the children, giving us an opportunity to review their progress and encourage them in their learning. We have also implemented the taking of offerings and started to record attendance.
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FASTING PRAYER : We organised a week of Fasting Prayer every second week of each month. Additionally, we invited pastors from other churches to attend our services, enriching our spiritual experience. At the beginning of each Fasting Prayer week, we held a chain prayer from 12 midnight to 6 am, where church members took turns to pray, ensuring continuous prayer throughout the night.
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LADIES' MEETINGS: During the weekly Fasting Prayers, we held ladies' meetings on Fridays. These sessions provided a dedicated time for the women in our congregation to come together for prayer, support, and spiritual growth.
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YOUTH MEETINGS - YOUNG PEOPLE'S ENDEAVOUR (YPE) - We structured our youth meetings more effectively and held gatherings each month throughout the year. These meetings had increased participation from our young members, offering them guidance, fellowship, and opportunities for spiritual growth. This meeting was not only for children but for all ages to participate in. During the year, we also selected two new YPE leaders. We have initiated on taking offering for the session, to help with the future events.
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OUTREACH MINISTRIES : Since January 2025, our Pastor Shinu Yohannan has been selected as the Evangelism Coordinator for the Church of God UK and EU. As a result, our church has had the privilege of travelling to different cities across the UK each month to share the word of God. Together with local churches, we conducted outreach meetings, gospel gatherings, and empowerment meetings during the day.
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CHRISTMAS OUTREACH : During Christmas, we carried out outreach ministry by engaging with the community in Torquay and Exeter. As part of this, children sang carols, we evangelised on the streets, sharing the message of Christ with everyone.
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MARANATHA FULL GOSPEL CHURCH
FOR THE YEAR ENDED 31 MARCH 2025
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ONLINE NIGHT PRAYER VIA ZOOM : Every night at 9 PM, we held night prayer sessions on Zoom. This virtual format enabled us to come together consistently for prayer and intercession.
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STREET PRAYER : We have conducted street prayer on Friday night, covering areas in Torquay, Exeter, Paignton, and Dawlish. We prayed for various institutions, including schools, hospitals, churches, police
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INVESTED IN SOUND EQUIPMENT : We invested in new sound equipment for the church. This enhancement has significantly improved the quality of our services and events, ensuring clear and effective communication during worship and other activities.
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SOCIAL MEDIA : We expanded our presence on social media. Photos and videos of our services were regularly shared, helping us improve communication and outreach both within the congregation and beyond. Through platforms such as YouTube, Instagram, and Facebook, we are reaching more people, and many have come to recognise our church through these channels.
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: We were able to celebrate these
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anniversaries successfully. Prizes were awarded, and the programmes included skits, songs and a variety of other activities, showcasing the talents and participation of our church members.
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BAPTISM : We celebrated the baptism of six of our children, each of whom shared their personal testimony of faith. They courageously testified that they had accepted Christ and made the decision to take baptism as a public expression of their commitment to follow Christ.
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GOSPEL MEETING AND MUSICAL EVENT : We had the opportunity to conduct a musical event, where we invited Dr. Blesson Meman to come and sing as well as preach the Gospel. Our church members actively participated, through singing and showcasing their instrumental talents. We extended invitations to the wider community, and the event was well attended, with over 200 people coming to join us in worship and fellowship.
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HOUSE VISITS : The committee members, together with the pastor, had the opportunity to visit the homes of all our church members across Exeter, Seaton, Torquay and Paignton. During these visits, we spent time fellowshipping, praying with them, and offering support for any challenges they were facing. These interactions helped to deepen our relationships with members and build a stronger community and care within the church.
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CHILD DEDICATION : During the year, our pastor dedicated a child to the Lord, which was a joyful and blessed occasion for the family and the whole church.
and strengthening our community in numerous ways.
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MARANATHA FULL GOSPEL CHURCH
FOR THE YEAR ENDED 31 MARCH 2025
PLANS FOR THE FUTURE: 1ST APRIL 2025 ONWARDS
As we anticipate more spiritual challenges in the coming financial year, we have outlined the following plans to further our mission and serve our community:
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CHARITY CONTRIBUTIONS : We intend to increase our contributions to charity-related activities. By allocating more funds, we aim to support various causes and extend our help to those in need.
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OUTREACH MINISTRIES : We aim to expand our outreach ministries and organise more public events. These initiatives will help us spread the gospel, connect with the community, and provide support to those outside our immediate church family.
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YOUTH MINISTRY EXPANSION : We are looking forward to expanding our youth ministry. Our plan includes conducting more youth meetings, which will provide structured support, spiritual guidance, and community engagement opportunities for our young members.
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SUNDAY SCHOOL IMPROVEMENTS : We aim to make Sunday school more efficient by implementing the following measures:
Rather than conducting only the local exam within the church, we plan for our children to participate in the national COG Sunday school exam.
If God wills, we would also like to conduct a Vacation Bible School (VBS) to provide an intensive and enjoyable learning experience for children.
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SOCIAL MEDIA EXPANSION : We plan to expand our presence on social media platforms. This will involve creating and sharing more content to engage with our congregation and the broader community, keeping everyone informed and connected.
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COMBINED WORSHIP : We would like to host the Southwest and COG Combined Worship, where we can invite churches from across the county to come together and participate. This will help to widen our community and provide an opportunity for fellowship with new members.
T grace, we hope to achieve these goals and make a positive impact in the coming year.
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MARANATHA FULL GOSPEL CHURCH
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
W e report on the accounts of the charity for the year ended 31st March 2025.
Respective responsibilities of Trustees and Examiner:
trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed. It is our responsibility to examine the accounts (under section 43(3)(a) of the 1993 Act), to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 43(7)(b) of the Act), and to state whether particular matters have come to our attention.
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeking explanations from the 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’ an d the report is limited to those matters set out in the statements below.
In connection with our examination, no matter has come to our attention:
which gives us reasonable cause to believe that, in any material aspect, the requirements to keep accounting records in accordance with section 41 of the 1993 Act; and to prepare accounts which record with the accounting records and to comply with the accounting records of the 1993 Act have not been met; or to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jaison Varghese Zachariah Vectra Management Consultancy
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FOR THE YEAR ENDED 31 MARCH 2025
MARANATHA FULL GOSPEL CHURCH
RECEIPT AND PAYMENT
| Categories Receipts Donation and gifts Offering Tithe Sub total Total receipts Payments Website costs Depreciation Charge for the Year - Plant & Machinery Printing and stationery Bank charges Legal/professional fees Charity running cost Donations Accountants fees Rent Refreshments Software & IT Honorarium to Guest Pastors Travel & Fuel Costs Repairs, renewals and maintenance Allowance to Church Ministers Sub total |
Unrestricted funds 7,866.76 2,490.00 5,941.00 16,297.76 16,297.76 381.24 538.00 342.00 76.72 276.92 1,033.25 1,420.00 275.00 5,410.00 2,755.77 - 700.00 138.25 100.56 3,250.00 16,697.71 |
Total funds 7,866.76 2,490.00 5,941.00 16,297.76 16,297.76 381.24 538.00 342.00 76.72 276.92 1,033.25 1,420.00 275.00 5,410.00 2,755.77 - 700.00 138.25 100.56 3,250.00 16,697.71 |
Last year 2,684.00 8,735.50 3,781.59 15,201.09 15,201.09 |
|---|---|---|---|
| - - - 86.15 - 3,198.62 1,300.00 - 2,997.50 2,948.27 418.45 474.93 22.40 - 1,345.00 12,791.32 |
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MARANATHA FULL GOSPEL CHURCH
RECEIPT AND PAYMENT
FOR THE YEAR ENDED 31 MARCH 2025
| Asset and investment purchases Plant & Machinery - Additions - Cost Sub total Total Payments Net of receipts/(payments) Cash funds last year end Cash funds this year end |
2,688.06 2,688.06 19,385.77 (3,088.01) 4,051.18 963.17 |
2,688.06 2,688.06 19,385.77 (3,088.01) 4,051.18 963.17 |
- - 12,791.32 |
||
|---|---|---|---|---|---|
| 2,409.77 2,409.77 |
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MARANATHA FULL GOSPEL CHURCH
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 MARCH 2025
| Categories | Details | Unrestricted funds |
Restricted income funds |
|---|---|---|---|
| Cash | |||
| funds | |||
| Maranatha Full Gospel Church |
1,501.17 | - | |
| Total Cash Funds | 1,501.17 | - |
| The financial statements were approved by the Board on Pastor Shinu Yohannan Chairperson |
2025 and signed on its behalf by: Laiju Jayaram Trustee |
|---|---|
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MARANATHA FULL GOSPEL CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
d Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2. Income from Donations and Legacies
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Unrestricted Total funds Total funds
Analysis
funds 2025 2024
£ £ £
Donation and gifts 7,866.76 7,866.76 2,684.00
Offering 2,490.00 2,490.00 8,735.50
Tithe 5,941.00 5,941.00 3,781.59
Total 16,297.76 16,297.76 15,201.09
3. Expenditure on Charitable Activities
Total funds Total funds
2025 2024
Analysis £ £
Bank charges 76.72 86.15
Legal/professional fees 276.92 -
Charity running cost 1,033.25 3,198.62
Donations 1,420.00 1,300.00
Honorarium to Guest Pastors 700.00 474.93
Allowance to Church Ministers 3,250.00 1,345.00
Total 6,756.89 6,404.70
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MARANATHA FULL GOSPEL CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
4. Support Costs
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Total funds Total funds
2025 2024
Analysis £ £
Support Costs
Printing and stationery 342.00 -
Repairs, renewals and maintenance 100.56 -
Governance Costs
Website costs 381.24 -
Accountants fees 275.00 -
Rent 5,410.00 2,997.50
6,508.80 2,997.50
5. Other Expenditure
Unrestricted Total funds Total funds
Analysis funds 2025 2024
£ £ £
Depreciation Charge
for the Year - Plant 538.00 538.00 -
& Machinery
Refreshments 2,755.77 2,755.77 2,948.27
Software & IT - - 418.45
Travel & Fuel Costs 138.25 138.25 22.40
Total 3,432.02 3,432.02 3,389.12
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6. Tangible Fixed Assets
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Plant &
Machiner
y
£
6.1 Cost or valuation
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At 01 April 2024
Additions 2,688.06
-
Disposals
Revaluations -
Transfers -
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MARANATHA FULL GOSPEL CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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At 31 March 2025 2,688.06
6.2 Depreciation and impairments
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At 01 April 2024
Charge for the year 538.00
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Disposals
Revaluations -
Transfers -
At 31 March 2025 538.00
6.3 Net book value
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At 01 April 2024
At 31 March 2025 2,150.06
7. Cash at bank and in hand
Total funds Total funds
2025 2024
£ £
HSBC UK 1,501.17 4,051.18
Total 1,501.17 4,051.18
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MARANATHA FULL GOSPEL CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
8. Charity funds
8.1 Details of material funds held and movements during the CURRENT reporting period
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Fund Fund
Gains
balances balances
Fund Income Expenditure Transfers and
brought carried
names losses
forward forward
£ £ £ £ £ £
General
- -
4,051.18 16,297.76 16,697.71 3,651.23
Fund
Total 4,051.18 16,297.76 16,697.71 - - 3,651.23
8.2 Details of material funds held and movements during the PREVIOUS reporting period
Fund Fund
Gains
balances balances
Fund Income Expenditure Transfers and
brought carried
names losses
forward forward
£ £ £ £ £ £
General
- -
1,641.41 15,201.09 12,791.32 4,051.18
Fund
Total 1,641.41 15,201.09 12,791.32 - - 4,051.18
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