2023-06-24-accounts

ANNUAL GENERAL MEMBERSHIP MEETING

FOR THE YEAR ENDED 25 JUNE 2023

, POWER AND AUTHORITY SANCTUARY

TABLE OF CONTENT

Welfare Report

Spiritual Report

Report of Trustee and Financial Report

MEETING AGENDA

S/N	Programme	Time	Facilitator
1.	Pre-service prayer meeting	11:00am – 11:20am	Bro. Adeleke
2.	Reports a) Welfare report b) Report of trustee & financial report c) Spiritual report	11:20pm – 11:50pm	Pastor Mike Bro. Modede Bro. Dada Sis. Jolade
3.	Discussions on the report and Suggestions for consideration	11:50pm – 12:15pm	Bro Modede
4.	Annoucement & Offering	12:15pm – 12:25pm	Bro. Modede
5.	Birthday thanksgiving and Prayer for April celebrants	12:25pm – 12:35pm	Sis. Sotiyo
6.	Appointment and Elections	12:35pm – 1:00pm	Pastor Mike
7.	Prayers for church workers	1:00pm – 1:10pm	Pastor Rose
8.	A.O.B/ Gifts presentation to workers 2022/23	1:10pm – 1:20pm	Bro Sam & Pastor Connelly
9.	Grace and Benediction	1:20pm – 1:25pm	Pastor Mike
10.	Menu! Menu!! Menu!!!	1:25pm	Sis. Sotiyo

WELFARE REPORT

My appreciation goes to Almighty God for the wisdom and strength to carry out my duties.I also want to acknowledge the pastorate of the church, Pastor Mike and Pastor Mrs Rose Taiwo and the committee of the church.In the last 1year the church has grown tremendously spiritually and numerically and we bless God for our lives.

Activities carried out in the last one year

Birthday celebration

we celebrated members of the church on their birthdays in church and in the WhatsApp platform

- Barbecue fellowship

A gathering of members to the church to wine and dine and thank God for our growth. We had lots to eat and drink such as barbecue, plantain,jollof rice and chicken,suya ,burger and sausage rolls,snacks and ice lolly for the kids.Members donated and participated in the cooking and success of the event.Guests were invited and we were honored to have them rejoicing with us. In the light of the event we dedicated the children church to the glory of God.

Children’s day celebration

The church celebrated the children day with lots of activities such as Bible sword,quiz ,singing and parents were involved. Gifts were also given to the participants.

Christmas carols and party

It was a beautiful event where we we all gathered to celebrate the birth of our lord Jesus Christ,the children and adults participated in the celebration Item 7 where we had lots to eat and drink such as jollof rice,fried rice,plantain and moi moi inclusive of drinks .There was surplus.The church and members contributed to the success of the event.

We bless God for the last one year and we believe that there will be exponential growth in Jesus name Amen

SIGNED: Sis. Jolade Adeleke (Welfare Director)

Spiritual Report April 2023 to April 2024.

The year 2023 to 2024 was memorable and very eventful. God blessed the church with both numerical and spiritual increase. At a time, the church grappled with the challenges of giving support with the goal of integrating the brethren who migrated from Nigeria to UK.

As a charity organisation, we assisted the migrants with financial support, counselling, prayers, advice so as to make their relocation to UK less stressful and integrate them into the church, community and the society at large. As a small church, we did the best we could, knowing our limited financial strength. I am aware that our best may not be good enough but as the Shepherd, I ensured I lifted every member up in prayers so that God who is faithful, in our shortcomings supplied the needs of the brethren.

During the year, we embarked on building a befitting place of worship for our children. This project drained the church resources as a result of incompetent artisans that made us do the same work repeatedly three to four times. The supplier of the prefabricated building for the children church were unscrupulous and took advantage to exploit the church. I am glad to say that the children church is now over 95% completed. The church toilet facilities have also been upgraded.

The church had our regular Sunday church services except once, the day after we celebrated our Assistant Pastor for her Diamond Jubilee. We equally had our monthly night vigil except on two occasions. We had virtual night night vigil once and the second time, the turn up of the members was very poor.

Early in 2023, Rhema church also known as the French Church, Foursquare Gospel Church, discontinued the regular joint Sunday worship with us. They however identified fully with us during special occasions like the crossover night among others.

On Power and Authority WhatsApp platform, we communicated and shared each other burdens. We also celebrated one another especially on special occasions like birthdays. The platform enables us to hold virtual meetings and fellowship.

CONCLUSION :

The year 2023 to 2024 has been a year of significant increase numerically, spiritually and financially. We experienced progress on every side. To God be the glory.

MARANATHA!!!

Michaeltaiwo

Pastor Mike Taiwo

Snr Pastor,

Power and Authority Sanctuary,

Foursquare Gospel Church, Handworth

4SQUARE GOSPEL CHURCH, POWER AND AUTHORITY SANCTUARY Registered Charity Commission Number 1174354

Report of the Trustee of the year ended 25 June 2023

The trustees present their report with the financial statements of the charity for the year ended 25 June 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2011.

The trustees have pleasure of submitting their report and the financial statements for the year ended 25 June 2023.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity aumber - 1174354

The church was registered as a charity on 23 August 2017 as a charitable incorporated organisation.

Principal address

45, Wasdale Rd

Northfield

Birmingham

B311QH

Trustees

Michael Taiwo

Rose Olayinka Taiwo

Omoniyi Modede

Olusola Dada

Bankers

Lylods Bank - Northfield

Significant activities

The principal activities ofthe church are:

Christian worship, Christian outreach program to increase Christian awareness and to spread the gospel of our Lord Jesus Christ and the development ofthe whole man, spiritually, mentally and physically

Church History and Status

4square Gospel Chirch, Power & Authority Sanctuary as a registered charity organisation in the United Kingdom continue to function purely within the scope of its charitable status since its inception and registration.

Operations during the year

The church continues to engage in the propagation ofthe Christian religion to the local, national and international communities within Birmingham and its environs.The year under review was memorable and very eventful. God bless the church with both numerial and spiritual increase.

At a time, the church grappled with the challenges of giving support with the goal of integrating the brethren who migrated from Nigeria to the UK. As a charity organisation, we assisted the migrants with financial support, counselling, prayers, advice so as to make their relocation to UK less stressful and integrate them into the church, community and society at large.

During the year, we embarked on building a befitting place of worship for our children.

As a charity, the church supports:

Projects and goals which are aimed at relieving the effect of poverty on the less privileged, as well as bridging the links among the diverse people of our communities.

Future strategy and policy

The trustees are satisfied that the charity has sufficient resources to maintain its current activities and hope that the congregation will grow and increase naturally with time.

4SQUARE GOSPEL CHURCH, POWER AND AUTHORITY SANCTUARY

Registered Charity Commission Number 1174354

ANNUAL REPORT

STATEMENT OF FINANCING ACTIVITIES FOR THE YEAR ENDED 25 JUNE 2023

INCOMING RESOURCES Notes Incoming resources from generated funds Voluntary income 2 Grant 3 Total incoming resources RESOURCES EXPENDED Charitable Activities 4 Governance costs 5 Total resources expended SURPLUS FOR THE YEAR RECONCILIATION OF FUNDS Funds brought forward from previous year	Unrestricted Funds (£) 2023 12,547.50 - 12,547.50 2,519.28 5,493.99 8,013.27 4,534.23 374.02	Unrestricted Funds (£) 2022 3,286.00 -
		3,286.00
		2,616.12 560.00
		3,176.12
		109.88 264.14

TOTAL FUNDS CARRIED FORWARD

4,908.25 374.02

BALANCE SHEET AS AT 25 JUNE 2022

ASSETS Cash at bank TOTAL ASSETS Creditors (falling due within the year) NET ASSETS FUNDS Unrestricted General funds TOTAL FUNDS	Unrestricted Funds (£) 2023 7464.86 374.02 - 374.02 4,908.25 4,908.25	Unrestricted Funds (£) 2022 374.02
		374.02
		374.02
		374.02
		374.02

The financial statements were approved by the Board of Trustees on 28 April 2024 and signed on its behalf by:

ON BEHALF OF THE BOARD:

Michaeltaiwo

Pastor Michael Taiwo

4 SQUARE GOSPEL CHURCH, POWER AND AUTHORITY SANCTUARY

Registered Charity Commission Number 1174354

Notes to the financial statements for the year ended 25 June 2023

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepamd under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2011), the Charities Act 2011 and the requirements ofthe Statement of Recommended Practice, Accounting and Reporting by Charities.

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.

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. This expenses include welfare support, monthly church welfare activities and events-related expenses

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion ofthe trustees. Restricted funds can only be used for particular restricted purposes within the objects ofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

There are no restricted funds during the year under review

£ £ 2023 2022

2. VOLUNTARY INCOME

Donations & Offerings - Unrestricted

15477.86 3,286.00

3. GRANT

Birmingham City Council - -

4. CHARITABLE ACTIVITIES COSTS

Resources expended on charitable activities

2,519.28 2,616.12

5. GOVERANCE COSTS

Light and Heating Children church expenses Church equipment and other related expenses Repairs and Maintenance	762.36 3,451.63 800.00 480.00 5,493.99	560.00 - - -
		560.00

Officials for 2022/2023 Financial Year

A. Church Pastorate/Council

1. Pastor Mike Taiwo – Senior Pastor

2. Pastor Rose Taiwo – Asst. Pastor

3. Bro. Omoniyi Modede – Church Secretary

4. Bro Olusola Dada – Church Treasurer

B. Other Church Workers

1. Sis. Jolade Adeleke – Welfare Director

2. Sis Folasade Dada – Children Minister

3. Bro Samuel Bamiselu – Music Director

4. Sis Iretioluwa Modede – Choir

5. Bro Sam Taiwo – Choir

6. Bro David Sotiyo – Choir/Church Maintenance

7. Sis Inioluwa Sotiyo – Choir/Ushering

8. Sis. Olufisayo Sotiyo – Asst. Welfare Director

9. Sis. Modesire Modede – Ushering 10. Sis. Hephzibah Dada - Ushering

AGMM Committee

1. Bro Omoniyi Modede

2. Sis. Olufisayo Sotiyo

3. Bro. Sam Taiwo

4. Sis. Folasade Dada