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2025-02-28-accounts

Trustees’ Annual Report for the period

From 1[ST] March 2024 Period start date To 28[th] of February 2025 Period end date

Charity name: Glory Church

Charity registration number: 1177101

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The charity is governed by a constitution
and is constituted as a charitable
incorporated organisation. Glory Church is
situated in a busy urban town centre
location supporting an area of much need
and a rich diverse community. The
charity s principal objects as set out in its
governing document are:
•
The advancement of the Christian
Religion
•
To train and educate interested
individuals in the Christian faith
•
To love and serve the people of our
community whatever their background
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17 and
1.19		 Looking back over the year:
A very successful year for Glory Church
CIO with much expansion of the work.
The trustees oversaw:
•
The growth of the congregation
•
Renovation and upgrading of the church
building
•
New playdays for children
•
Work with local university students
•
Support groups for mental health
•
Hosted a jobs club to support those
needing help to find work
•
Formed the Prayer Army Network
bringing together Christians from the UK
to pray for the nation
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 THE TRUSTEES HAVE REGARDED THE
GUIDANCE ISSUED BY THE CHARITY
COMMISION ON PUBLIC BENEFIT.

Additional information (optional) You may choose to include further statements where relevant about:

----- Start of picture text -----
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Other
----- End of picture text -----

Achievements and Performance

SORP reference

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 Our charity remains deeply committed to
building a vibrant, supportive community
through a wide range of in-person and online
gatherings held consistently each week and
month.
These meetings are thoughtfully designed to
meet the diverse needs of families, men,
women, and youth—offering guidance, hope,
and empowerment during challenging times,
and helping individuals grow into the best
version of themselves.
As part of our continued dedication to
service, we have made meaningful
investments in renovating our facilities.
These improved spaces are now better
equipped and intentionally designed to
support the evolving needs of our
community, allowing us to expand the
mission and vision of our charity even
further.
Our impact also reaches beyond our
immediate congregation through the use of
various media and music platforms, enabling
us to connect with and minister to a wider
audience.
We are especially grateful for the generosity
of our donors and the support through Gift
Aid, which have played a crucial role in
maintaining our financial stability. Their
support empowers us to sustain and grow our
services and outreach efforts effectively.

Additional information (optional) You may choose to include further statements where relevant about:
Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41

Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Responsibilities of trustees:
Charity law requires us as trustees to
prepare financial statements for each
accounting year which record the receipts
and payments of the charity for the year.
We are responsible for keeping proper
accounting records which disclose with
reasonable accuracy at any time the
financial position of the charity and enable
us to ensure that the financial statements
comply with the Charities Act 2011.
We also have responsibility to safeguard
the assets of the charity and to take
reasonable steps to prevent fraud or any
other irregularities.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Financial position:
During the year income increased by
£11,707 to £119,393,and expenditure
increased by £34,600 to £126,803. As a
result the cash held by the charity
decreased by £7,015 to £13,511 of which
£13,511 is unrestricted and can be used
for any charitable purpose.
Reserves policy:
The trustees have agreed a reserves policy
of one months free reserves rising to three
months as soon as possible.
Amount of reserves held Para 1.22
Reasons for holding zero
reserves		 Para 1.22 N/A
Details of fund materially in
deficit		 Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 N/A

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:		 CIO
Type of governing document
(trust deed, royal charter)		 Para 1.25 CONSTITUTION
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 SELECTION

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Glory Church
Other name the charity uses
Registered charity number 1177101
Charity’s principal address Glory Church
16 St. Giles Terrace
NORTHAMPTON
NN1 2BN

Names of the charity trustees who manage the charity

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2
3
4
5
6
7
8
9
10
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12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee(if any)
Timothy
Adelegan
Jacob Collins-
Brown
ABOSEDE
MARIA
OLUWASEUN
ADELEGAN
FESTUS
ASUNMO
RUVIMBO
MUNHUWA

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) ABOSEDE MARIA ADELEGAN Full name(s) ABOSEDE MARIA ADELEGAN Position (eg Secretary, CHAIRPERSON Chair, etc) Date 23/12/2024

Registered Charity Number 1177101

Glory Church

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 February 2025

Glory Church

Report and Accounts

Contents

Page
Information Page 1
Trustee Report 2-3
Accountants' Report 4
Statement of Financial Activities 5
Statement from Financial position 6
Notes to the Accounts 7-8

Glory Church

Report and Accounts for year ended 28 February 2025

Registered Charity Number 1177101

Trustees

FESTUS ASUNMO JACOB COLLINS-BROWN RUVIMBO MUNHUWA ABOSEDE MARIA OLUWASEUN ADELEGAN (Chair) TIMOTHY ADELEGAN

Accountants

Ronzl Accountants Ltd 305a Wellingborough Road Northampton NN1 4EW

Registered Address

16 St. Giles Terrace Northampton NN1 2BN

1

Glory Church

Report and Accounts for year ended 28 February 2025

TRUSTEE STATEMENT

OBJECTIVES AND ACTIVITIES:

The charity is governed by a constitution and is constituted as a charitable incorporated organisation. Glory Church is situated in a busy urban town centre location supporting an area of much need and a rich diverse community. The charity’s principal objects as set out in its governing document are:

·�The advancement of the Christian Religion

·�To train and educate interested individuals in the Christian faith

·�To love and serve the people of our community whatever their background

Public benefit:

The trustees have had regard to the guidance issued by the Charity Commission in relation to public benefit and believe that all the activities of the charity comply.

Staffing:

The small team of staff and volunteers work together to provide the very best for all those who come into contact with the charity.

General:

Glory Church has undergone a period of rapid growth over the past year both in numbers attending the church and the support this has enabled the church to offer out in the community.

Looking back over the year:

2

A very successful year for Glory Church CIO with much expansion of the work. The trustees oversaw:

·�The growth of the congregation

·�Renovation and upgrading of the church building

·�New playdays for children

·�Work with local university students

·�Support groups for mental health

·�Hosted a jobs club to support those needing help to find work

·�Formed the Prayer Army Network bringing together Christians from the UK to pray for the nation

Looking forward March 2025 – February 2026:

The trustees hope to:

·�Enable the Prayer Army Network to hold four open prayer events and regular online prayer sessions

·�Renovate and open the Community Café

Financial Position::

During the year income increased by £11,707 to £119,393, and expenditure increased by £34,600 to £126,803. As a result the cash held by the charity decreased by £7,015 to £13,511 of which £13,511 is unrestricted and can be used for any charitable purpose.

Reserves policy:

The charity is controlled by its governing document and constitutes as a charitable incorporated organisation.

Recruitment and appointment of trustees:

All charity trustees appointed must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Responsibilities of trustees:

2

Charity law requires us as trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities

Approved by order of the board of trustees

ABOSEDE MARIA OLUWASEUN ADELEGAN

15 December 2025

2

Glory Church

Report and Accounts for year ended 28 February 2025

Accountant's Report

We have prepared the financial statements of Glory Church for the year ended 28 February 2025 in accordance with the financial reporting framework of United Kingdom Generally Accepted Accounting Practice

This report is made solely to the charitable trustees, as a body in accordance with section 144 of the Charities Act 2011 and regulation made under Section 154 of the act.

The Trustees are responsible for preparation of financial statements and for being satisfied that they give a true and fair view

In Accordance to your Instruction we have prepared the accounts of Financial activities, Statement of Financial position as well as related notes from the accounting records of the company and explanation you have given to us.

We have not carried out an audit or any review and consequently we do not want to express an opinion on these accounts.

Oladapo Sulaimon FCCA

.................................................... Ronzl Accountants 305a Wellingborough Road Northampton NN1 4EW

4

Glory Church

Report and Accounts

Statement of Financial Activities for year ended Feb 28 2025

Notes
ACTIVITIES
Tithe Contributions
Offering Contributions
Other Income
Gift Aid
Government Grants
Total
PAYMENTS
Wages & Salaries
Staff Training
Accountancy Fees
Legal and Professional Fees (Allowable)
Rates & Water
Rent
Light, Heat & Power
Other Premises Costs
Petrol and Oil
Motor Licenses and Insurances
Motor Repairs and Servicing
General Travel Expenses
Depreciation Charge: Plant & Machinery
Depreciation Charge: Computer Equipment
Advertising
General Insurance
Computer Expenses
Stationery & Postage
Telephone, Fax & Internet
Sundry Expenses
Donations
Members Welfare
Media
Honorarium
Property Insurance
Property Maintenance (Allowable)
Musician
Religious Material
Ministry Vehicle
National Contributions
Motor Vehicles Hire
Total
Surplus/Deficit		 2025
2024
£
£
66801.05
63907.67
29919.73
11490.69
0.00
3996.48
22672.13
18690.84
0.00
9995.00
119392.91
108080.68
23386.17
8077.60
1111.63
0.00
972.00
780.00
7142.07
2210.70
5505.30
137.00
18299.92
16608.26
1000.00
0.00
3845.52
1965.52
2852.17
2432.62
313.68
1957.65
25.54
1853.54
13591.28
7602.69
600.41
750.51
100.92
0.00
686.00
0.00
2508.15
0.00
1040.80
330.87
200.00
0.00
2487.50
844.54
3762.36
1714.10
727.65
865.16
16717.73
13587.07
1597.74
507.50
13641.47
9550.00
1205.44
545.72
0.00
9153.30
0.00
2976.99
3481.61
3938.23
0.00
2630.00
0.00
1143.00
0.00
40.00
126803.06
92202.57
-7410.15
15878.11

5

Glory Church

Report and Accounts

Statement of Financial Position as at 28 February 2025

Notes
FIXED ASSET
Plant & Machinery
2
Computer Equipment
CURRENT ASSET
Cash at Bank
CURRENT LIABILITIES
Accrued Expenses
Other Creditors
NET ASSET
CAPITAL & RESERVES
Surplus/Deficit b/fwd
Surplus/Deficit for the year
FUNDS		 2025
2024
£
£
2402
3002
1187
0
3589
3002
9922
18279
0
-360
0
0
13511
20921
20921
5043
-7410
15878
13511
20921

6

Glory Church

Report and Accounts

Notes to accounts for year ended 28 February 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Glory Church is an incorporated charity, registered in England and Wales.

The charity's number and registered office address can be found on the Company Information page

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.

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.

2. Equipment
Cost
At 1st of March 2024
Additions
Disposals
At 28 February 2025
Depreciation
At 1st of March 2024
Charge for the year
On disposals
At 28 of February 2025
Net book value
At 28 of February 2022		 2025
2025
£
£
Plant & Machinery
Computer Equipment
6719
£0.00
£1,288.00
0
0
6719
1288
-3717
0
-600
-101
0
0
-4317
-101
2402
1389

7

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees
On accounts for the year
ended
Set out on pages
Responsibilities and
basis of report		 Glory Church Glory Church Glory Church
28THFeb 2025 Charity no
(if any)		 1177101
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year endedDD / MM / YYYY.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).
I report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.

Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date: 21/12/2025 Signed: [Oladaposulaimon ]

Name: OLA SULAIMON FCCA

1

Oct 2018

IER

Relevant professional qualification(s) or body (if any):

ASSOCIATION OF CERTIFIED CHARTERED ACCOUNTANTS

Address: 305A WELLINBOROUGH ROAD

NORTHAMPTON NN1 4EW

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

2

Oct 2018

IER

Give here brief details of any items that the examiner wishes to disclose .

3

Oct 2018

IER