**Charity Registration No. 1177873 (England and Wales)** **GLORY WORSHIP CHURCH FOR THE YEAR ENDED 31 DECEMBER 2024** ## **GLORY WORSHIP CHURCH FINANCIAL YEAR ENDING 31 DECEMBER 2023 CONTENTS** ||**Page**| |---|---| |Company information|3| |Trustees' report|4| |Independent Examiner's report|7| |Income statement|8| |Statement of financial position|9| |Statement of changes in equity|10| |Notes to the accounts|11| |Detailed profit and loss account|13| - 2 - **GLORY WORSHIP CHURCH COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024** ## **Report of the Trustees for the year ended 31 December 2024** The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **Trustees** DR BLESSING OSAGHAE Mr. OTEGA ARIAWHE DR SAM AFARI **Chairty Number** 1177873 (England and Wales) **Registered Office** 187-189 LONDON ROAD LIVERPOOL L3 8JG UK Banks Barclays/Lloyds Banks **Independent Examiner** Rawson Irekponor (BSc,MSc,MBA,MAAT,ACCA,FCCA) RNR Accountants Ltd Liverpool Innovation Park Edge Lane Liverpool L7 9NJ ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. The trust deed is dated 21[st] March 2005, supplementary 30[th] May 2005. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and Activities:** The overall objective of the charity is: - The promotion of love and tolerance - The advancement of education - The relief of poverty, sickness or hardship and the furtherance of the charitable work of the charity by the advancement of such other charitable purposes as the trustees shall from time to time decide. ## **ACHIEVEMENT AND PERFORMANCE Charitable Activities** The church organizes a regular worship service for its members and these services are open to the general public. These activities include weekly Sunday school for adults and children, Bible study, Prayer meetings and Sunday worship service. Other activities include Feeding the homeless program, music teachings (vocal and Instrument) for interested children. - 3 - The Trustees present their report and accounts for the year ended 31 December 2024. ## **Principal activity** ## **Introduction:** Through the year, Glory Worship Church consistently and intentionally delivered a healthy balance of impactful events/vibrant in-person services supported with regular online broadcasts to reach our online community. Whilst we had to take the tough but needful decision (at mid point of the year) to close down our branch extension at Manchester, we saw it as an opportunity to streamline/refocus our output from our source. As ever and as a goal-oriented organisation, we achieved outstanding feats in the dispatch of our services as delineated below: ## **Board Membership:** At the end of the year (on 31/12/2024 to be precise), in a bid to enable her focus more on her pastoral obligations, one of our board members (Pastor Dr. Blessing Osaghae) resigned from her role as a board of trustee member and was duly replaced by Mr. Nathanael Boateng who officially took up the office on 01/01/2025 to keep the balance of our board membership. ## **Activities:** - Rightly so, we kept up pace with consistent investment into our equipment and rented property, restructuring and maintaining it to best standards. The ongoing nature of this task made it run through the year per time but remains highly rewarding in the end as it affords us the unique space to not only comfortably and safely host our impactful events but also provide bespoke community-oriented services over the year. - As touching the food bank aspect of the services that we render, our relationship/partnership with Fareshare Ltd, Food Drop Ltd and Neighbourly was kept intact. However, it is needful to mention that even peculiar administrative developments affected the quantity of products we had access to which in turn resulted to a reduction of activities in this regard. We nonetheless kept in view the understanding of the crucial nature of this service, and still took it upon ourselves to continue to provide food to the needy (where feasible) as well as to our members per time, meeting the basic needs of families/individuals within our community through our charitable distribution of the supplies secured. Given the attendant effects of the continuous increase in the cost of living, this service to humanity unarguably was and remains highly relevant to every beneficiary within our sphere of influence. - As always, we were able to tactfully and regularly host impactful online, and in-person events targeted at a rich demographic variety of beneficiaries/our regular audience ranging from the married and unmarried to the old and young, learned and unlearned, etc., focusing on their all-round empowerment/development. Further to those, we were also able to successfully and safely host a number of funded community/half term holiday events across the year, which for our beneficiaries advocated social inclusion, promoted healthy eating and living, promoted education, developed handy skills/craftmanship, advanced a sense of community and alleviated some of the sustained tension from the pandemic/increasing costs in the standard of living. ## **Religious activities:** From the start to the end of the year, Glory worship church usually holds a couple of highly engaging services during the week which allows us to purposefully reach out to people of different demographic groups. Our joint worship services are usually held on Wednesdays at 6:30pm and Sundays at 11am in which we would normally and safely provide light breakfast before the start of the service as well as light lunch at the end of the service to our attendees/members of the community who visit us. Furthermore, to these we hold monthly leadership meetings where we teach and enable our volunteers to successfully deliver the mandate of the organisation. Speaking of life-changing positively impactful one-off events, in February, we held an expository singles & married couples seminar aimed at ensuring that we raise a generation of families with godly and exemplary homes for societal good. In the same month (the 24[th] to be precise) we held our first inter-city programme at our fairly new branch Church at Manchester (prior to its eventual closure). The event was tagged ‘Ignite My City’ and aimed at stirring a hunger, a fire and passion for purpose-driven God-breathed living in the hearts of our attendees which goes on to positively impact our local societies and our nation. In the first weekend of March, we graciously celebrated our 9[th] year anniversary and went on to eventfully celebrate Mothers’ Day in the month where the essence of good motherhood was resoundingly taught and the mothers/women in the House were rightly appreciated. On the 23[rd] of March, we took ‘Ignite My City’ further to Sheffield, replicating in a larger manner the success we attained in Manchester and in April, we thankfully marked Good Friday, as well as held our resurrection service. In May, we held ‘Ignite My City’ Liverpool and marked Pentecost Sunday within the same month, both of which were a tremendous success. In June (the 8[th] to be precise), we took ‘Ignite My City’ to another level as we crossed borders to Austria, a statement attesting to the international impact we were making thus far. We kept our aim in place, achieved the task and thankfully, the event was a huge success. More so, as the balanced community that we are, we heartily celebrated Fathers’ Day in the same month, teaching on what it meant to be a great father, recognising the fathers/men in our midst, and appreciating their commitment and sacrifices to raising and keeping godly homes. July and August were the months where beyond our regular weekly meetings/monthly leaders and volunteers meeting, we held no major events, considering that most families usually have their vacations within these times. Giving no small place to the core essence of prayers, we had a prayer event in September tagged ‘prayer stretch’ aimed at further building the capacity of our attendees in the place of/the art of effective heartfelt prayer. Furthermore, we hosted our yearly global cutting-edge conference in November 2024 (tagged ‘Another Measure’) whose impact cut across nations/boundaries. Later in the month, we had our annual end of year leaders and volunteers retreat where we assess our year performance and refuel our passion for the coming year. Finally, we hosted our trademark unique International convergence day (where we specially acknowledge the rich variety of nationalities we consistently attract and positively impact) as well as hosted a community-open Crossover service on the 31[st] of December 2024. These major programmes and more were aimed at acknowledging how far we had come as a group and how much further we could go (with Christ as our Saviour and Lord), carrying our community, city, nation and world along. In all of these, our aim was to rightly support everyone under the church especially the vulnerable amongst us as well as to monitor the spiritual, physical, mental, emotional, and all-round wellbeing of our entire congregation. ## **Online Presence** Considering the membership/viewership we attract as our far-reaching influence across borders, our online community is a very vital and integral part of who we are, and by reason of our impact, we are growing appreciably with much felt presence on social media platforms like Facebook, YouTube and Instagram. With much needed equipment, defined strategy and reliable manpower in place, we aim to achieve more in the future on this note. ## **Funding/Donations:** For the year under review, with less manpower and more demands on our deliverables, we only applied for and secured external funding of £10,780 in June 2024. This was aimed at covering for the associated costs of hosting our half term holiday club which was a success. Other than this, every other event we hosted/project we embarked on (including associated costs of equipment purchase, on-going enhancements in our present rented property alongside maintenance/recurring overhead and administrative costs per time) was solely funded by regular donations from trustees and members of the church. ## **Conclusion:** When the name ‘Glory Worship Church’ is mentioned, you can envisage an impact-driven community, whose path shines progressively brighter. Broadly speaking, in comparison to year 2023, we had a much more all-round fruitful year in 2024 overall. Amidst global health concerns, global wars, remarkable historic events, the continuing increase in the costs of living and peculiar challenges to everyday living, even in the face of adversity, we grew in numbers and did not cease to thrive as individuals and a church. Conclusively, we are conscious of the truth that when it mattered most, against all odds, we once again took giant strides, took difficult decisions and made undeniable progress as a Church on a general note for which we are eternally grateful to God. As ever, we are growing, united, together, still standing strong and excited for what is to come as we look forward to recording and reporting even far better and greater achievements in the coming year. ## **Trustees** The following Trustees held offices during the whole of the period: - Dr Blessing Osaghae Dr Sam Afari Mr. Otega Ariawhe ## **Statement of Trustees’ responsibilities** The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Small company provisions** This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors .................................................................... Mr. Otega Ariawhe Trustee Approved by the board on: 14 July 2025 - 6 - ## **GLORY WORSHIP CHURCH INDEPENDENT EXAMINER’S' REPORT** ## **Independent Examiner's Report to the Trustees of Glory Worship Church** I report on the accounts for the year ended 31 December 2024 set out on pages eight (8) to thirteen (13). **Respective responsibilities of trustees and examiner** The charity's trustees 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. It is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - To state whether particular matters have come to my attention. ## **Basis of the independent examiner's 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 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 ' and the report is limited to those matters set out in the statements below. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect: 1. Accounting records were not kept as required by section 63 of the 2008 Act and section 130 of the 2011 Act: or 2. The accounts do not accord with those records; or 3. The accounts do not comply with the accounting requirements of the 2008 Act and the 2011 Act 2011; or 4. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination. I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. ## **Independent Examiner** Rawson Irekponor RNR Accountants Ltd Liverpool Innovative Science Park Edge Lane Liverpool L7 9NJ Date: 14/07/2025 . - 7 - **GLORY WORSHIP CHURCH INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024** |**Income**
Administrative expenses
Other operating income
**Operating surplus**
**Surplus on ordinary activities before taxation**
Tax on surplus on ordinary activities
**Surplus for the financial year**|**2024**
**£**
140,412
(102,994)
615
38,033
38,033
-
38,033|**2023**
**£**
129,325
(78,196)
5,297| |---|---|---| |||56,426| |||56,426
-| |||56,426| - 8 - **GLORY WORSHIP CHURCH STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024** |**Notes**
**Fixed assets**
Tangible assets
4
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
5
**Net current assets**
**Net assets**
**Reserves**
Profit and loss account
6
**Members' funds**|**2024**
**£**
11,546
137,459
(1,200)
136,259
147,805
147,805
147,805|**2023**
**£**
16,889
94,083
(1,200)| |---|---|---| |||92,883| |||109,772| |||109,772| |||109,772| The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The financial statements were approved by the Board of Trustees and authorised for issue on 13 July 2025 and were signed on its behalf by ## Mr Otega Ariawhe Trustee Charity Registration No. 1177873 - 9 - **GLORY WORSHIP CHURCH STATEMENT OF CHANGES IN EQUITY AS AT 31 DECEMBER 2024** |At 1 January 2023
Profit for the year
At 31 December 2023
At 1 January 2024
Profit for the year
At 31 December 2024|**Share**
**capital**
**£**
-
-
-
-|**Profit**
**& loss**
**account**
**£**
53,346
56,426
109,772
109,772
38,033
147,805|**Total**
**£**
53,346
56,426| |---|---|---|---| ||||109,772| ||||109,772
38,033| ||||147,805| - 10 - **GLORY WORSHIP CHURCH STATEMENT OF CHANGES IN EQUITY AS AT 31 DECEMBER 2024** ## **1 Statutory information** GLORY WORSHIP CHURCH is a Charity registered in England and Wales, registration number 1177873. The registered office is 187-189, LONDON ROAD, LIVERPOOL, L3 8JG, UK. ## **2 Compliance with accounting standards** The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2024 ## **Trustees' expenses** There were no trustees’ expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2024 ## **3. STAFF COSTS** |Wages and salaries|**2024**
2023
As restated
**£**
£
4,100.
9.050.| |---|---| No employees received emoluments in excess of £60,000 ## **4. PRIOR YEAR ADJUSTMENT** There are no prior year adjustments made during the year. - 11 - **GLORY WORSHIP CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **3 Accounting policies** The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. ## _**Tangible fixed assets and depreciation**_ Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: |Fixtures & fittings|4| |---|---| |Computer equipment|6| ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. ## _**Presentation currency**_ The accounts are presented in £ sterling. |**4**
**Tangible fixed assets**
**Cost or valuation**
At 1 January 2024
At 31 December 2024
**Depreciation**
At 1 January 2024
Charge for the year
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023
**5**
**Creditors: amounts falling due within one year**
**2024**
**£**
Accruals
1,200|**Fixtures &**
**fittings**
**£**
At cost
30,165| |---|---| ||30,165| ||13,276
5,343| ||18,619| ||11,546| ||16,889| ||**2023**
**£**
1,200| ## **6 Average number of employees** During the year the average number of employees was 1 (2023: 1). - 12 - ## **GLORY WORSHIP CHURCH DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024** This schedule does not form part of the statutory accounts. |**INCOME**
Donation
**Administrative expenses**
Wages and salaries
Staff training and welfare
Travel and subsistence
Donation
Rent
Rates
Service charges
Light and heat
Telephone and fax
Stationery and printing
Bank charges
Insurance
Software
Repairs and maintenance
Depreciation
Accountancy fees
Other legal and professional
**Other operating income**
Other operating income
**Operating Surplus**
**Surplus fund**|**2024**
**£**
140,412
4,100
9,669
11,938
180
25,192
7,022
11,057
6,644
2,208
5,902
87
1,457
2,734
5,141
5,343
1,200
3,120
102,994
615
38,033
38,033|**2023**
**£**
129,325| |---|---|---| |||9,050
3,141
8,568
-
28,076
1,929
4,430
2,638
871
5,726
-
1,235
1,127
2,892
5,343
2,200
970| |||78,196| |||5,297| |||56,426| |||56,426| - 13 -