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2024-12-31-accounts

CHURCH OF GOD (SEVENTH DAY) CROYDON TRUSTEES' REPORT AND ACCOUNTS YEAR ENDED 31ST DECEMBER 2024

CHARITY REGISTRATION NO: 1165441

CHURCH OF GOD (SEVENTH DAY) CROYDON FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2024

CONTENTS PAGE
LEGAL AND ADMINISTRATIVE INFORMATION 1
REPORT OF THE TRUSTEES 2-5
INDEPENDENT EXAMINERS REPORT 6
STATEMENT OF FINANCIAL ACTIVITIES 7
STATEMENT OF FINANCIAL POSITION 8
NOTES TO THE FINANCIAL STATEMENTS 9-12
DETAILED STATEMENT OF FINANCIAL ACTIVITIES 13

1

CHURCH OF GOD (SEVENTH DAY) CROYDON LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 31ST DECEMBER 2024

CHARITY REGISTRATION NUMBER: 1165441 REGISTERED OFFICE: Church of God (Seventh Day) Derby Road West Croydon CR0 3SF TRUSTEES: Reuben E Harris (Pastor) Glenford Hill (Pastor) Loraine M Harrison Bevlyn E Campbell Marilyn Davis BANKERS Lloyds Bank Plc 25 Gresham Street London EC2V 7HN INDEPENDENT EXAMINER Allen Robyn & Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9DQ

2

CHURCH OF GOD (SEVENTH DAY) CROYDON REPORT OF THE TRUSTEES YEAR ENDED 31ST DECEMBER 2024

The trustees present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number : 1165441

Registered address

Church of God (Seventh Day) Derby Road West Croydon CR0 3SF

Trustees

Reuben E Harris (Pastor) Glenford Hill (Pastor) Loraine M Harrison Bevlyn E Campbell Marilyn Davis

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The Charity is a Charitable Incorporated Organisation (CIO) governed according to the Constitution dated 4th February 2016.

Recruitment and Appointment of New Trustees

Trustees are recruited by way of nomination by a member of the Board of Trustees (the 'Board') and the securing of a majority. Upon recruitment, the new trustees are inducted through the issuing of a trustee handbook, which includes the relevant Charity Commission material, the Church's governance, structure, management, strategy and key policies. Full criteria can be found in our governing document.

Church Management

The pastors, officers and church committee are responsible for the day-to-day management and control of the church and meets with the trustees on a quarterly basis. The church works with a number of partners who are supportive to its mission and works in conjunction with them to provide spiritual guidance and support to the community in which it operates. At present, the Church has two Pastors, five Deacons, one Missionary and seven Church Committee members.

Risk Management

The Board of Trustees is ultimately responsible for the system of internal control and for reviewing its effectiveness. However, such a system is designed to manage rather than eliminate the risk of failure to achieve business objectives, and can only provide reasonable and not absolute assurance against material misstatement of loss.

3

CHURCH OF GOD (SEVENTH DAY) CROYDON REPORT OF THE TRUSTEES YEAR ENDED 31ST DECEMBER 2024

The Board has reviewed the effectiveness of the system of internal control. In particular, it has reviewed and updated the process for identifying and evaluating the major risks affecting the business and the policies and procedures by which these risks are managed.

OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT

Objectives and Aims

4) providing facilities with a Christian ethos for the benefit of the local community (including but not restricted to: women, men, the elderly, the young and other groups with special needs or requirements).

Weekly Services

Services were held in person with online access as the UK came out of lockdowns. Service times were modified to meet the needs of changing circumstances. Online services reached both local and international audiences and international speakers were incorporated without the burden of associated travel costs.

Sabbath (Saturday) Worship services Departmental ministry activities Bible studies and discussions Sunday First Sunday fasting service Monday Baby Bank project Tuesday Community Coffee Morning Onine evening bible study Wednesday Morning prayer and fasting meeting

Children’s Ministry/ Seekers Ministry

Provides fun, educational, spiritual and stimulating activities for the following age ranges: 3 to 5’s, 6 to 8’s, 9 to 12’s, 13 to 15’s and 16 to 18’s. Its activities include biblical studies, children’s choirs, musical tuition, day trips and sight-seeing, socials, sports, etiquette training, life skills, dance ministry, arts and crafts, quizzes, educational support and holiday summer school. Its volunteers are all DBS checked and are passionate about children’s development and wellbeing. We work closely with parents, involving them in planning activities, especially national events. Our focus is on holistic development—personal, social, emotional, cognitive, language, and spiritual—nurturing a positive sense of self, love, and independence while laying strong foundations for future success and smooth transitions.

Youth Ministry (FYC – Faithful Youth Challengers)

Weekly meetings providing spiritual development, alongside other activities including music and a youth choir, mentoring, careers advice, sports days, other social activities and outings, youth camp that provides yearly residential weeks in various parts of the United Kingdom and annual youth conventions.

Women’s Ministry

The Women’s ministry (WM) department aims to support, instruct, develop and encourage women of all ages with meetings at least once per month. They identify areas of benevolence and seek to meet those needs.

Men’s Ministry

A forum to support men and boys in developing all the areas and aspects of their lives to become godly in their nature, relationship and demeanour. To provide encouragement to help identify and develop their personal ministries and to get involved in missions.

4

CHURCH OF GOD (SEVENTH DAY) CROYDON REPORT OF THE TRUSTEES YEAR ENDED 31ST DECEMBER 2024

Care Team

Launched in March 2024, the Care Team provides emotional, physical, and spiritual support to members in times of need. Since its start, the team has assisted with hospital visits, housing issues, food provision, and household help, as well as continuing prayer meetings and visits to the housebound. Our aim is to ensure no member faces difficulties alone.

Teaching, Sabbath School, New Christian Studies

Weekly Sabbath School and Tuesday evening bible studies.

Pastoral Counselling and Visitation

Pastoral support is provided to members who need encouragement. Specific areas of need of provision include pre and post marital, bereavement and funeral, pre and post baptism, spiritual and relational counselling. Where issues fall out of the church’s remit of experience then referral is made as required. Hospital and home visitations are made by the Pastoral and Deacon teams as needs arise. The church is licensed for weddings and undertakes funerals and baby blessings.

Food and Clothes Bank

A project providing essential baby products and clothing for families in the community.

Evangelism and Community Outreach

Spreading the gospel of Salvation through Jesus Christ through one to one personal evangelism, leafleting, home visits and studies.

Coffee Morning

Provides an open door to the community on a weekly basis where coffee, tea, biscuits, conversation, advice, prayer, games and a warm lunch are made available.

Online Evangelism

The online evangelism initiative provides the structure and processes required to promote the delivery of a high-quality evangelism programme that is available for and to meet the needs of all. The purpose of the ministry is to spread and teach the Gospel of Jesus Christ.

Learning and Development

Investment Property Renovation

In 2015 Croydon Church entered into a 50% joint venture project to purchase and renovate a house into 2 flats. Both flats are rented and a 50% share of the property income is being donated back to the Church charity.

Completed projects during the year

Future Plans

5

CHURCH OF GOD (SEVENTH DAY) CROYDON REPORT OF THE TRUSTEES YEAR ENDED 31ST DECEMBER 2024

Major future initiative - COG7D Listen and Speak Advisory Service

The aim and objective of this project is to provide a safe non-judgemental edifying environment to share mutual concerns with regards to real-life issues, serving both internal and community needs. The service will cover issues around youth engagement, mentoring, mediation with the Metropolitan Police, tackle issues around mental health, parental advice, real talk discussions for all demographics and work with a list of specialist counsellors and agencies to which participants will be referred.

Public Benefits Statement

In the planning of activities for the year and having given due consideration to the Charity Commission’s guidance on public benefit, and the specific guidance on charities for the advancement of religion in particular, the Charity has been committed in its efforts of supporting its Network of Churches in general and in providing training for Pastors, Ministers and Leaders in Ministry on both Pastoral and Governance matters.

FINANCIAL REVIEW

The Charity's financial statement for the year ended 31st December 2024 shows Income of £163,738 (2023: £142,261). Expenditure was £194,565 (2023: £136,273) and the Church made a net deficit in funds of (£32,167) and (2023: £5,530 surplus) . Restricted reserves at 31st December 2024 is £1,062,580 (2023: £1,090,005), whilst unrestricted funds are £157,032 (2023: 162,692).

STATEMENT OF TRUSTEE RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law applicable to charities in England and Wales, the Charities Act 2011, Charity Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each (Accounts and Reports) financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure of the charity for that period. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report is prepared in accordance with the special provision of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the Board of Trustees on …06/10/2025……...and signed:

ON BEHALF OF THE BOARD:

.............................................

6

REPORT OF THE INDEPENDENT EXAMINER CHURCH OF GOD (SEVENTH DAY) CROYDON YEAR ENDED 31ST DECEMBER 2024

I report on the accounts for the year ended 31st December 2024 set out on pages six to eleven.

Respective responsibilities of trustees and examiner

The Charity's Trustees (who are also the Directors for the purposes of Company Law) are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of the independent examiners report

My 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 the charity 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 matter. 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' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and

of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Allen Robyn & Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9DQ

Date: 14/10/2025

7

CHURCH OF GOD (SEVENTH DAY) CROYDON STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2024

Unrestricted Unrestricted
INCOMING RESOURCES Notes 2024 2023
Incoming resources from generated funds
Tithes and offerings 2 163,738 142,261
RESOURCES EXPENDED
Charitable Activities 3 81,235 61,770
Governance Costs 2,160 2,160
Support Costs 4 112,510 72,801
TOTAL RESOURCES EXPENDED 195,905 136,731
NET INCOME/EXPENDITURE FOR THE YEAR (32,167) 5,530
Movement in restricted funds 1,252,439 1,246,909
TOTAL FUNDS CARRIED FORWARD £1,220,272 £1,252,439

None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2024 other than those included in the statement of financial activities.

The notes on pages 9 to 12 form part of these accounts.

8

CHURCH OF GOD (SEVENTH DAY) CROYDON STATEMENT OF FINANCIAL POSITION YEAR ENDED 31ST DECEMBER 2024

TANGIBLE ASSETS
Tangible fixed assets
Investment property
CURRENT ASSETS
Debtors
Cash at bank and in hand
CREDITORS: due within one year
CREDITORS: due within one year
Net Current Assets
TOTAL ASSETS LESS CURRENT LIABILITIES
FUNDS:
Restricted funds
Unrestricted Funds		 Notes
6
7
8
9
10
11
11		 2024
2023
903,412
928,112
235,647
235,647
1,139,059
1,163,759
5,840
12,140
87,717
83,700
93,557
95,840
(7,344)
(2,160)
(5,000)
(5,000)
£81,213
£88,680
£1,220,272
£1,252,439
2024
2023
1,062,580
1,090,005
£157,692
£162,434
£1,220,272
£1,252,439		 2023
928,112
235,647		 2023

The financial statements were approved by the Board of Trustees on …06/10/2025…… and were signed on its behalf by:

The notes on pages 9 to 12 form part of these accounts.

9

CHURCH OF GOD (SEVENTH DAY) CROYDON NOTES TO THE ACCOUNTS YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared under the historical cost convention and in accordance with FRS 102 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard Section 1A applicable in the UK and Republic of Ireland and the Companies Act 2006.

The Church of God (Seventh Day) Croydon meets the definition of a public benefit entity under FRS 102.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Donations and other incoming resources -Represents income from tithes and offerings from members and visitors of the Church recorded when they are receivable.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable activities

Costs of charitable activities are those costs relating to the activities carried out to meet the objectives of the Church. These include both directly attributable costs and apportioned support costs.

Governance costs

Governance costs are the costs associated with the strategic direction of the organisation and with meeting regulatory responsibilities including apportioned support costs.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property 2.5% Furniture and equipment 25%

Revaluation of freehold property

Freehold property was revalued during the year to reflect carrying values, near to its fair values. There were no depreciation charged during the year of revaluation.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

10

CHURCH OF GOD (SEVENTH DAY) CROYDON NOTES TO THE ACCOUNTS YEAR ENDED 31ST DECEMBER 2024

2. VOLUNTARY INCOME
Tithes and offerings
Donations and pledges
Grants
Gift Aid
Fundraising and others
Total incoming resources
3. CHARITABLE EXPENDITURE
Ministry expenses
British conference contribution
Training and outreach projects
Charitable Donations
Books & periodicals
Hospitality
Welfare
4. MANAGEMENT AND SUPPORT COST
Insurance
Light and heat
Repairs, maintenance & cleaning
Travel and subsistence
Printing, postage and stationery
Bad debts written off
Internet
Telephone
Professional Fees
Bank charges
Depreciation		 2024
2023
96,747
92,084
5,006
-
20,000
7,917
22,408
19,443
19,577
22,817
£163,738
£142,261
7583
3505
27746
20400
20141
27629
6147
3847
4759
391
11270
5397
3589
601
£81,235
£61,770
2398
1940
5879
4687
59114
9304
8491
8348
2035
2321
1340
-
2548
2387
375
606
-
200
625
571
29,705
42,437
£112,510
£72,801		 2024
2023
96,747
92,084
5,006
-
20,000
7,917
22,408
19,443
19,577
22,817
£163,738
£142,261
7583
3505
27746
20400
20141
27629
6147
3847
4759
391
11270
5397
3589
601
£81,235
£61,770
2398
1940
5879
4687
59114
9304
8491
8348
2035
2321
1340
-
2548
2387
375
606
-
200
625
571
29,705
42,437
£112,510
£72,801		 2023
92,084
-
7,917
19,443
22,817		 2023
3505
20400
27629
3847
391
5397
601
£61,770
1940
4687
9304
8348
2321
-
2387
606
200
571
42,437
£72,801		 1940
4687
9304
8348
2321
-
2387
606
200
571
42,437

5. TRUSTEES REMUNERATION AND BENEFITS

Trustees' expenses

There are no paid staff. All tasks are carried out by Trustees who are not remunerated and do not receive any expenses or benefits for their activities.

11

CHURCH OF GOD (SEVENTH DAY) CROYDON NOTES TO THE ACCOUNTS YEAR ENDED 31ST DECEMBER 2024

6. FIXED ASSETS
COST
At 1st January 2024

Additions
As at 31st December 2024

DEPRECIATION
Opening Balance
Charge for the year
NET BOOK VALUE
As at 31st December 2024
As at 31st December 2023
7. INVESTMENT PROPERTY
COST - Croydon portion of purchase cost
Investment brought forward
Contributions to repairs during the year
As at 31st December		 Freehold
Property
1,097,008
-
1,097,008
169,925
27,425
197,350
£899,658
£927,083		 Office & Musical
Equipment
60,047
5,005
65,052
59,018
2,280
61,298
£3,754
£14,064
2024
235,647
=
£235,647		 Office & Musical
Equipment
60,047
5,005
65,052
59,018
2,280
61,298
£3,754
£14,064
2024
235,647
=
£235,647		 Total
1,157,055
5,005
1,162,060		 Total
1,157,055
5,005
1,162,060		 Total
228,943
29,705
258,648
£903,412
£928,112
2023
235,647
=
£235,647		 228,943
29,705
258,648

Investment property represents a 50% joint venture project with Deptford Church of God (Seventh Day) to purchase and renovate a house (21 Derby Rd.) into 2 flats. The aim of the project is that once the renovation is completed by the end of 2018, 50% share of the property income will be donated back into the Church Charity. The asset is valued at it purchase cost and repairs to date and was funded by restricted donations from members of both churches and the British Conference.

There are no mortgage loans or any other restrictions on the Church's ability to realise the premises other than that of the joint owner.

8. DEBTORS
Loans to members
Other Debtors - Deptford
Other Debtors
9. CREDITORS : Amounts falling due within one year
Accruals		 2024
2023
1,990
4,690
3,850
7,450
£5,840
£12,140
2024
2023
£7,344
£2,160		 2023
4,690
7,450

12

CHURCH OF GOD (SEVENTH DAY) CROYDON NOTES TO THE ACCOUNTS YEAR ENDED 31ST DECEMBER 2024

10. CREDITORS : Amounts falling due within one year
Accruals
11. MOVEMENTS IN FUNDS
Incoming
Resources
Unrestricted Funds
General Fund
£163,738
01/01/2024
Unrestricted Funds
£162,434
Restricted Funds
General fund for the year
155,472
Freehold property
927,083
Deptford church
7,450
£1,090,005
Total funds
£1,252,439		 2024
£5,000
Resources
Expended
£195,905
Movement and		 2024
£5,000
Resources		 2024
£5,000
Resources		 2023
£5,000
Movement in Funds		 2023
£5,000
Movement in Funds		 2023
£5,000
Movement in Funds
(£32,167)
31/12/2024		 (£32,167)
transfer of
Funds
(£4,742)
-
(27,425)
-
(£27,425)
(£32,167)
£157,692
155,472
899,658
7,450
£1,062,580		 £157,692
£1,220,272

13

CHURCH OF GOD (SEVENTH DAY) CROYDON INCOME AND EXPENDITURE YEAR ENDED 31ST DECEMBER 2024

Incoming Resources:
Voluntary income:
Tithes and offerings
Donations and pledges
Grants
Gift Aid
Fundraising and others
Total incoming resources
RESOURCES EXPENDED:
Charitable activities:
Ministry expenses
British conference contribution
Training and outreach projects
Charitable Donations
Books & periodicals
Hospitality
Welfare
GOVERNANCE COSTS
Examiner fees
SUPPORT COSTS: MANAGEMENT
Insurance
Light and heat
Repairs, maintenance & cleaning
Travel and subsistence
Printing, postage and stationery
Bad debts written off
Internet
Telephone
Professional Fees
Bank charges
Depreciation
Total resources expended
Total Income over expenditure		 2024
2023
£
£
96,747
92,084
5,006
-
20,000
7,917
22,408
19,443
19,577
22,817
£163,738
£142,261
7583
3505
27746
20400
20141
27629
6147
3847
4759
391
11270
5397
3589
601
£81,235
£61,770
£2,160
£2,160
2398
1940
5879
4687
59114
9304
8491
8348
2035
2321
1340
-
2548
2387
375
606
-
200
625
571
29,705
42,437
£112,510
£72,801
£195,905
£136,731
(£32,167)
£5,530		 2023
£
92,084
-
7,917
19,443
22,817		 2023