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2024-11-30-accounts

Registered number 1159678

GOSPEL TO THE WORLD CHURCH MINISTIRES

Accounts for the year ended 30 November 2024

GOSPEL TO THE WORLD CHURCH MINISTIRES CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

Page
Charity information 1
Directors report 2
Balance Sheet 3
Notes to the Financial Statements 4
Detailed profit and loss account 5

GOSPEL TO THE WORLD CHURCH MINISTIRES COMPANY INFORMATION FOR THE YEAR ENDED 30 NOVEMBER 2024

CHAIR Rev Thomas Anthonydas Sathiyarajah
TRUSTEES Mrs Kanchani Amila Sathiyarajah
Mr Paul Leslie Hilary Anthony
Josue Carlos Herrera Hinostroza
ODELIA VERONICA LOBOW
REGISTERED OFFICE: 28 Landon Court
Walton Road
Aylesbury HP21 7SW
CHARITY REGISTERED NUMBER: 1159678

GOSPEL TO THE WORLD CHURCH MINISTIRES

REPORT OF THE DIRECTOR

FOR THE YEAR ENDED 30 NOVEMBER 2024

The Director presents his report with the financial statements of the company for the year ended 30 November 2024.

PRINCIPAL ACTIVITY

The principal activity of the charity in the year under review contiunes to be to advance christian faith for the benefit of the public in accordance with the statement of belief mentioned in the trust deed.

STATEMENT OF THE DIRECTORS RESPONSIBILITIES

Company law requires the directors to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Charitiy and of the income and expenditure accounts of the charity for that period. In preparing these statements the directors are required to

The directors are responsible for keeping proper accounting records which disclose with reasonalbe accuracy at any time the financial position of the company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also reponsible for the safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregular activites.

ON BEHALF OF THE BOARD:

……………………………………..

CHAIRMAN

25/0812025 dated:

GOSPEL TO THE WORLD CHURCH MINISTIRES

Accountants Report

Report to the directors on the preparation of the unaudited statutory accounts of GOSPEL TO THE WORLD CHURCH MINISTIRES for the year ended 30 November 2024

In order to assist you to fulfil your duties under the Companies Act 2008, we have prepared for your approval the accounts of GOSPEL TO THE WORLD CHURCH MINISTRIES for the year ended 30 November 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have provided us.

S Gangatharan FFA/ FTA Accountant

AGM Business Solutions

Financial Accountants 98 Exeter Road Harrow Middlesex HA2 9PL

GOSPEL TO THE WORLD CHURCH MINISTIRES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2024

Notes
Incoming resourcing from generated funds
Collections
Donation and gifts
2
Total incoming resources
Resources expensed
Charitable expenditure
Direct charitable expenditure
Donation
Governance costs
Total resources expensed
Net incoming/ (outgoing) resources before transfer
Gross transfers between funds
Net expenditure for the year
Net movement in funds
Funds balance at 1 December 2023
Funds balance at 30 November 2024
Unrestricted
finds
Restricted
funds
Total
2024
28,864
34,697
-
-
-
-
28,864
-
34,697
-
32,033
-
46,902
-
-
32,033
-
46,902
(3,169)
-
(12,205)
-
(3,169)
-
(12,205)
(3,642)
8,563
(6,811)
(3,642)

GOSPEL TO THE WORLD CHURCH MINISTIRES

BALANCE SHEET
FOR THE YEAR ENDED 30 NOVEMBER 2024
Notes
FIXED ASSETS:
Computers
Cash in hand and in bank
CURRENT LIABILITIES:
Creditors
Fees received in advance
Loans
NET ASSETS
GENERAL FUNDS
BALANCE BROUGHT FORWARD
NET FUNDS FOR THE YEAR
2024
2023
£
£
-
-
-
906
-
906
400
400
-
-
12,249
6,343
12,649
6,743
(12,649)
(5,837)
5,837
-
2,195
-
6,811
-
3,642
-
(12,649)
(5,837)

GOSPEL TO THE WORLD CHURCH MINISTIRES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

1 ACCOUNTING POLICIES

Accounting convention

The principal accounting are prepared in accordance with charities (Statemments -of Recommended Practice) SORP 2005. The accounts have been prepared under historical cost convention.

Incoming resources

Donation and grants receivable are accounted for as soon as thier amount and receipts are reasonably certain.

Expenditure

All expenses are accounted for an accruals basis.

Going concern

The financial statements have been preprared on a going concern basis. In the context of continued financial support from the council and other donors.

Grants receivable for core activites
Donation and gifts
Total resources expended
Charitable activites
Direct charitable expenditure
Activites undertaken directly
Donation
Creditors
Accruals- Accountancy fee
2024
28,864
2024
32,033
-
-
32,033
400
Rent
Governance costs
Insurance
Accounting fee
-
400
-
400
400

Trustees

None of the trustees or any persons connected with them received any remuneration during the y

'ear.

GOSPEL TO THE WORLD CHURCH MINISTIRES

FOR THE YEAR ENDED 30 NOVEMBER 2024
Income
Collections
Gift aid
Total income
Expenses
Rent
Pastor salaries and staff costs
Pastor expenses/ other
Motor/ travel expenses
Conference expenses
Equipment expenses
Insurance
Donations
Professional fees
Printing postage and stationery
Accountancy fee
Office expenses
Other expenses
Total expenses
Net income
2024
2023
£
£
28,864.00
34,697.00
-
-
-
-
-
-
-
-
28,864.00
34,697.00
13,524.00
19,712.00
9,355.00
10,080.00
1,665.00
1,770.00
6,299.00
1,695.00
-
3,191.00
-
-
400.00
424.00
-
5,495.00
-
-
-
-
400.00
400.00
390.00
4,135.00
-
-
32,033.00
46,902.00
3,169.00
-
12,205.00
-