## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) TRUSTEES' REPORT AND ACCOUNTS YEAR ENDED 30TH JUNE 2025**
**CHARITY REGISTRATION NO: 1180053**
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) FINANCIAL STATEMENTS YEAR ENDED 30TH JUNE 2025**
|**CONTENTS**|**PAGE**|
|---|---|
|LEGAL AND ADMINISTRATIVE INFORMATION|1|
|REPORT OF THE TRUSTEES|2-4|
|INDEPENDENT EXAMINERS REPORT|5|
|STATEMENT OF FINANCIAL ACTIVITIES|6|
|STATEMENT OF FINANCIAL POSITION|7|
|NOTES TO THE FINANCIAL STATEMENTS|8-9|
|DETAILED STATEMENT OF FINANCIAL ACTIVITIES|10|
1
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 30TH JUNE 2025**
|CHARITY REGISTRATION NUMBER:|1180053|
|---|---|
|REGISTERED OFFICE:|20 Grange Road|
||Thornton Heath|
||Croydon|
||Surrey|
||CR7 8SA|
|TRUSTEES:|Pastor L B Smith|
||Pastor O John|
||Mr. R Boyd|
||Mr S James|
||Ms V McLean|
|INDEPENDENT EXAMINER|Allen Robyn and Associates Ltd|
||Chartered Certified Accountants|
||367 Caledonian Road|
||London|
||N7 9DQ|
2
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) FINANCIAL STATEMENTS REPORT OF THE TRUSTEES YEAR ENDED 30TH JUNE 2025**
The trustees present their report with the financial statements of the charity for the year ended 30th June 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its constitution and is registered as a CIO and received Charitable status on the 24th of September 2018. It is managed by a board of trustees and assisted by a Pastor, who is the Minister in charge. The Church remains a part of the British Conference of the Church of God (Seventh Day) by agreement.
## **Risk management**
The Board of Trustees is ultimately responsible for the system of internal control and for reviewing its effectiveness. The system is designed to manage the risk to the Church not achieving it objectives and can provide reasonable assurance against material misstatement of loss.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and Aims**
The Charity's Objects are, for the benefit of the public:-
1) The advancement of the Christian religion in Deptford and the surrounding areas.
2) Coordinating the work of the Church in preaching the gospel; teaching and raising awareness and the understanding of the Christian Faith.
3) 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. Also, to promote the efficiency and effectiveness of other charities whose objects are similar to those of the Church.
4) The relief and/or prevention of poverty in Deptford and the surrounding areas as the Charity's Trustees may from time to time decide including but not limited to providing, funds, food, clothing, and services to those in need.
## **Significant activities**
## **Weekly Sabbath Services**
- Morning Prayer
- Congregational Praise and Worship
- Bible Study
- Sermon of the day
- Structured interactive activities for all children
- Praise and Worship Team Practice
3
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) REPORT OF THE TRUSTEES YEAR ENDED 30TH JUNE 2025**
## **Other services**
- First Sunday Fast Service
- Third Sunday Fast Service by the Women’s Ministry online
- Women’s Ministry meets approximately every six weeks online.
- Men’s Ministry meets on a weekly basis.
- Wednesday evening National Bible Study (online)
- Thursday evening Bible Study online (local)
Although Covid-19 has subsided, the dynamics of fellowship as a church has changed dramatically. However, despite the changes, the church still endeavour to keep in touch with its members and the wider community. With virtual platforms now being an integral part of the communicating system world-wide, it enables the church to connect with individuals and other agencies nationally and internationally.
The church’s goal remains the same, to support its members and the community at large.
## **Children /Seekers Ministry**
The Church is still endeavouring to have an ongoing dialogue with the children/youth, be it youth days, annual youth conference etc.
There are several children who are regular attendees at church and have participated in various activities, including the annual National Children’s Conference. They ar e encouraged to participate in the various activities, dancing, singing, drawing, creative arts, story writing, poetry, or quiz.
There is also the End of Year Ball for the youth.
## **Women's Ministry**
The Women’s Ministry has been forging along despite the aftereffects of the pandemic. They continue to meet online approximately every six weeks. Members have also volunteered at a sister church; participating in their very successful ‘Baby Bank’ scheme, which serves the local and surrounding communities. In addition, a quantity of food items, clothes, shoes, books, and some miscellaneous items were shipped to a community school in Ghana & Togo. Working with the Church as a whole, they went out on the streets to interact with the public using literature from the evangelism program “The Bridge”; further details at ‘thebridge@cog7thday.org.uk”. Interested persons can register for an online thirteen-week bible course for free.
The Women's Ministry have begun recording and sharing daily devotionals.
## **The Men's Ministry**
The Men’s Ministry is making a conscious effort to rebuild themselves following the pandemic and now meet once a week. They support those who are sick through prayer and in other practical ways, i.e., financially, cooking and shopping. As with all aspects of ministry, there is still room for growth, which they are earnestly working towards.
## **FINANCIAL REVIEW**
## **Reserves Policy**
The Trustees aim to retain sufficient free reserves at a level which equate to a minimum of three months of unrestricted expenditure. These reserves are held in case of any sudden decline in income and to ensure that we can meet our commitments to providing our services and activities. Specifically, these commitments include our contractual obligations in relation to our support and outreach work.
The Trustees have implemented robust budgetary controls to monitor costs in an effort to minimise expenditure throughout the year.
4
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) REPORT OF THE TRUSTEES YEAR ENDED 30TH JUNE 2025**
## **PERFORMANCE DURING THE YEAR**
The Charity's total income for the year under review was £42,431 (2024: £43,599); whilst total expenditure in the year was £36,014 (2024 : £31,242). Net surplus for the year was £6,417 (2024: £12,357) and the total unrestricted reserves at the end of the financial was £343,243 (2024: £336,826). During the year the Trustees placed emphasis on financial management to ensure that the funds within the organisation are properly managed.
## **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).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each 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
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to
- presume that the Charity will continue in business.
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 Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.
## _**ON BEHALF OF THE BOARD:**_
## **Accountants**
The accountants, Allen Robyn & Associates Ltd will be proposed for re-appointment at the forthcoming Annual General Meeting.
## **ON BEHALF OF THE BOARD:**
5
## **REPORT OF THE INDEPENDENT EXAMINER CHURCH OF GOD SEVENTH DAY (DEPTFORD) YEAR ENDED 30TH JUNE 2025**
I report on the accounts for the year ended 30th June 2025 set out on pages six to ten.
## **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:
- 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 examiners report**
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 Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.
## **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
- to prepare accounts which accord with the accounting records, comply with the accountings requirement of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles 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 draw in order to enable a proper understanding of the accounts to be
## **Rolston Allen (FCCA)**
Allen Robyn & Associates Ltd Chartered Certified Accountants 367 Caledonian Road London N7 9DQ Date: 14/04/2026
6
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 30TH JUNE 2025**
|**INCOMING RESOURCES**|**Notes**|**Unrestricted**|**Unrestricted**|
|---|---|---|---|
|**_Incoming resources from generated funds_**||**2025**|**2024**|
|Donations and Other Income|2|42,431|43,599|
|**RESOURCES EXPENDED**||||
|Charitable Activities|3|31,093|29,584|
|Support Costs|4|4,081|525|
|Governance Costs|5|840|1,133|
|**TOTAL RESOURCES EXPENDED**||36,014|31,242|
|**NET INCOME/EXPENDITURE FOR THE YEAR**||**£6,417**|**£12,357**|
|**RECONCILIATION OF FUNDS**||||
|**Transfers between funds**|10|-|3,266|
|**Total Funds Brought Forward**||336,826|321,203|
|**TOTAL FUNDS CARRIED FORWARD**||**£343,243**|**£336,826**|
None of the charity's activities were acquired or discontinued during the year and there were no recognised gains and losses for 2025 nor in the prior year other than those included in the statement of financial activities.
The notes on pages 8 to 10 form part of these accounts.
7
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) STATEMENT OF FINANCIAL POSITION YEAR ENDED 30TH JUNE 2025**
|**TANGIBLE ASSETS**
Investment property
Furnitures & Musical Equipments
**CURRENT ASSETS**
Debtors
Cash at bank in hand
**CREDITORS: within one year**
**Net Current Assets**
**TOTAL ASSETS LESS LIABILITIES**
**FUNDS:**
Unrestricted Funds|**Unrestricted**
**Funds**
**Unrestricted**
**Funds**
**Notes**
**2025**
**2024**
6
**233,405**
**233,405**
**2,999**
**1,057**
**236,404**
**234,462**
8
**7,836**
**19,600**
**107,293**
**91,054**
**115,129**
**110,654**
9
**(8,290)**
**(8,290)**
**£106,839**
**£102,364**
**£343,243**
**£336,826**
**2025**
**2024**
10
**343,243**
**336,826**
**£343,243**
**£336,826**|
|---|---|
The financial statements were approved by the Board of Trustees on ….......... and signed on its behalf by:
## **Trustee**
The notes on pages 8 to 10 form part of these accounts.
8
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) NOTES TO THE ACCOUNTS YEAR ENDED 30TH JUNE 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102) .The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, the Charities Act 2011 and the requirements of the 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.
## **Tithes & Offerings**
Income from tithes and offerings, is included in incoming resources when these are receivable
## **Investment Income**
Investment income consists of net interest received during the year and accounted for as unrestricted fund.
## **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 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 cost.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tangible Assets
20% on cost
## **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.
9
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) NOTES TO THE ACCOUNTS YEAR ENDED 30TH JUNE 2025**
|**2. VOLULTARY INCOME**
Tithes and Offerings
Building Fund
Rental Income
Other Income
Total incoming resources
**3. CHARITABLE EXPENDITURE**
Christian ministry expense
Rental church premises
Books and quarterlies
Contribution to conference
Evangelism and Special Events
Welfare and donations
**4. SUPPORT COST**
Insurance
Motor expenses
Sundry expenses
Repairs and maintenance
Depreciation
**5.GOVERNANCE COST**
Accountancy and Examiners
**6. FIXED ASSETS**
**COST**
At 1st July 2024
Additions
As at 30th June 2025
**DEPRECIATION**
Opening Balance
Charge for the year
**NETBOOK VALUE**
As at 30th June 2025
As at 30th June 2024|**Investment**
**Property**
233,405
-
233,405
-
-
-
**£233,405**
**£233,405**|**2025**
**2024**
24,853
28,176
9,640
540
6,814
11,447
1,124
3,436
**£42,431**
**£43,599**
**2025**
**2024**
235
6,088
21,600
19,700
24
540
8,484
2,056
750
1,000
-
200
**£31,093**
**£29,584**
**2025**
**2024**
213
213
2,270
-
-
312
338
-
1,260
-
**£4,081**
**£525**
**2025**
**2024**
**£840**
**£1,133**
**Furniture and**
**Musical**
**Equipments**
**Total**
1,465
234,870
2,794
2,794
4,259
237,664
408
408
852
852
1,260
1,260
**£2,999**
**£236,404**
**£1,057**
**£234,462**|**2025**
**2024**
24,853
28,176
9,640
540
6,814
11,447
1,124
3,436
**£42,431**
**£43,599**
**2025**
**2024**
235
6,088
21,600
19,700
24
540
8,484
2,056
750
1,000
-
200
**£31,093**
**£29,584**
**2025**
**2024**
213
213
2,270
-
-
312
338
-
1,260
-
**£4,081**
**£525**
**2025**
**2024**
**£840**
**£1,133**
**Furniture and**
**Musical**
**Equipments**
**Total**
1,465
234,870
2,794
2,794
4,259
237,664
408
408
852
852
1,260
1,260
**£2,999**
**£236,404**
**£1,057**
**£234,462**|**2024**
28,176
540
11,447
3,436
**£43,599**|**2024**
28,176
540
11,447
3,436
**£43,599**|
|---|---|---|---|---|---|
|||||**2024**
6,088
19,700
540
2,056
1,000
200
**£29,584**||
|||||**2024**
213
-
312
-
-
**£525**
**2024**
**£1,133**
**Total**
234,870
2,794
237,664||
|||||||
|||||||
|||||||
||||||408
852
1,260|
Freehold property was revalued to represent carrying values, not materially different from fair value. Revaluation was based on insurer's valuation and independent estate agents valuation
10
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) NOTES TO THE ACCOUNTS YEAR ENDED 30TH JUNE 2025**
## **7. 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.
|**8. DEBTORS : within one year**
Loans to members
**9. CREDITORS : within one year**
Other Creditors
**10. MOVEMENTS IN FUNDS**
**Unrestricted Funds**
General Fund
**Analysis of Funds**
General fund for the year
Building Funds
Investment in Derby Road
**Total funds**|**Incoming**
**Resources**
**£42,431**
**1.07.2024**
**53,414**
**50,007**
**233,405**
**336,826**|**Incoming**
**Resources**
**£42,431**
**1.07.2024**
**53,414**
**50,007**
**233,405**
**336,826**|**2025**
**£7,700**
**2025**
**£8,290**
**Resources**
**Expended**
**£36,014**
**Movement in**
**funds**
**(3,223)**
**9,640**
**-**
**£6,417**|**2024**
**£19,600**
**2024**
**£8,290**
**Movement in**|**2024**
**£19,600**
**2024**
**£8,290**
**Movement in**|
|---|---|---|---|---|---|
||||||**Funds**
**£6,417**
**30.06.2025**
**50,191**
**59,647**
**233,405**
**343,243**|
|||||||
|||||||
11
## **CHURCH OF GOD SEVENTH DAY (DEPTFORD) INCOME AND EXPENDITURE YEAR ENDED 30TH JUNE 2025**
|**Incoming Resources:**
**Voluntary income:**
Tithes and Offerings
Building Fund
Rental Income
Other Income
Total incoming resources
**RESOURCES EXPENDED:**
**Charitable Expenditures**
Christian ministry expense
Rental church premises
Books and quarterlies
Contribution to conference
Evangelism and Special Events
Welfare and donations
**SUPPORT COST**
Insurance
Motor expenses
Sundry expenses
Repairs and maintenance
Depreciation
**Governance cost**
Accountancy and Examiners
**Total resources expended**
**Net expenditure**|**2025**
**2024**
24,853
28,176
9,640
540
6,814
11,447
1,124
3,436
**£42,431**
**£43,599**
**2025**
**2024**
235
6,088
21,600
19,700
24
540
8,484
2,056
750
1,000
-
200
**£31,093**
**£29,584**
213
213
2,270
-
-
312
338
-
1,260
-
**£4,081**
**£525**
**£840**
**£1,133**
**£36,014**
**£31,242**
**£6,417**
**£12,357**|**2024**|
|---|---|---|
||||