INCOME AND EXPENDITURE Prepared for GOSPEL TEMPLE , MIDLANDS CHARifY NUMER.. 1182803 FOR PERIOD ST JANUARY 2025 TO 31ST DECEMBER 2025
GOSPEL TEMPLE, MIDLANDS CHURCH INFORMATION Charity Number 1182803 Rev Emmanuel Obeng Mr. Freeman Baffour Ata Mr. Lewis Mensah Trust8es Gospel Temple AOG Gladstone Road Northampton NN5 7EG Registered Office Trackrecords Management Services Limited 7 Cochran Close Crownhill Milton Keynes MK8 OAJ Examiner8
GOSPEL TEMPLE, MIDLANDS FOR THE YEAR ENDED 31 DECEMBER 2025 REPORTS The Trustees pres8nts their repjrt and financial ststements for the year ended 31st Dec 2025 Objects of the Charity The objects of the Church stated below have been set up to primarily benefit the public: (a) to advance Ihe Christian faith in several ways and in different part8 of Ihe United Kingdom or the worfd as the Church Board from lime to time may think fit Ibl to relievè sickness and financial hardship and to promote and preserve good health by the provision of funds, goc(Is or serViS of any kind including the provision of eounselling and support In such parts of the United Kingdom or the world as the Church Board from me to time think frt,. and., {cl to advance education In such ways and in such parts of tt)e United "ngdorn or the worfd as th8 Church Board from ttme to time may think frt especially in parts of the UK where ils users are drawn from, in particular in the advancement of education, the furtherance of health and the relief of povety. distress and sickness among children women and other5 who are disadvantaged and the underprivileged. Actlvltles of the Charlty When planning the activities of the church for the year, the church board takes into account the the charities commission guidance on public benefit and. in particular, the specific guidance on charities for the adVanrnent of religion. In particular Ihe church board tries to enable ordinary people to live out their faith as part of our church through the following activities.. Monday3 Training of Teachers Bible studies at both Rugby and Northampton Counselling Tuesdays Bible studies at Rugby and Coventry Wednesdays Bible Studies Northampton
GOSPEL TEMPLE, MIDLANDS FOR THE YEAR ENDED 31 DECEMBER 2025 Thursdays Prayer Meeting Rugby Counselling Fridays Prayer meeting at Northampton Saturdays Choir meeting at Rugby and Northampton Counselling Leadership training Sundays Church services at Rugby and Northampton Flrst Frlday of every month Half night prayers Last Saturday of every month Altar prayer at Northampton Monday to Fr5day Morning Prayer on Zoom Aftemoon Prayer on Zoom Vl8itatlon$ Throughout the Yek to Hospitals and homes Evangellsm Spreading the Christian gospel by personal witness Youth Sgrvice Northampton youth service every Sunday Aftemoon. Achlovoments and Perfomiances The organisalion consists of 2 main branches at Rugby and Northampton. The achievements and perfOllances are corntmned efforts of both locations. However, the Church does not measure the success of its programmes only in numbers. including financial numbers, but also in less tangible area5 like fellowship and encouragemenl. The Trustees recognise that these are difficult to measure, but believe that 2025 was a positive year in the lrfe of the church Below is a list of the Church's achievement for the year 2025: l) Evangellsm The Church embarked on an evangelism work within surroundings of Northampton, Rugby, Coventy and its vin[lieS
GOSPEL TEMPLE. MIDLANDS FOR THE YEAR ENDED 31 DECEMBER 2025 2J SoallS8110n The Church organised a 1cniC day in Northampton. They also organised family meetings for its members and non members of which a resoLJrce person was invrted to give a talk on how everybody Gan live in hamiony wrth each other as a church. The church also organised an end of year party for rts members, couples and youth. 3) Seminar Seminars were organised for the church mèmbèrs 4) Leadership The church organised a three days leadership training for the members 5) Church Programs All the church programs listed above were all met. 7) YouTub8 and Fa800k Ministry These church activities is ongoing. They were able to meet most needs ot members and non members. 8) Donation A Donation was made at Holy Hill Chapel in Accra Ghana. 9) Membership The Trustees can report an increase in their membership.
GOSPEL TEMPLE, MIDLANDS FOR THE YEAR ENDED 31 DECEMBER 2025 Financial Review of the Charity The Charity's results for the year and rts financial position al the end of the year are fully disclosed in the attached financial statements. The total income for the year amounted to £334,454.07 We are very grateful to all church members who have generously given financially and all help offered in the last years to keep the church going. Tanglble fixed assets for use by the Charity There are movements in th8 fixed assets Commlttee of Members. responslblllli08 The charity law requires the committee of members to prepare financial statements for each financial year, which give a true vW of the financial activities of the chsrity and of its tinancial position at the end of thal period. In preparing those finanaal statements. the committee of members is required". al Select suitable accounting policies and apply them consistently, bl Make judsements and 8Stimates that are reasonable and prudent., c) State whether the policies adopted are in accordance with appliGabl8 accounting standards and statements of recoTnmended accounling practices, subject to any material departures disdosed and explained in the financial slalements,. d) Prepare financial statements on a going concern basis unless it is inappropriate to assume Ihat the Gharily will continue in OFeration. The commlttee of members is fesponsible for keeping proper accounting records, which dlscloses with reasonable accuracy at any lime, the financial position of the Gharity and to enable them to ensure that the financial ststements comply with CharitTres Act. They are also responsible for safeguardlng the assets of the charity and hence for taking reasonable steps for the prevention and deteGtion of fraud and other irregularities.
GOSPEL TEMPLE, MIDLANDS FOR THE YEAR ENDED 310ECEMBER 2025 ExamineT5 A resolution to appoint Messer Trackrecords Management Services Ltd as examiners fcr the ensuring year has been proposed and agreed at the annual general meeting in a¢¢ordance with the Charitie5 Art. Approval The report was approved by the committee of members on the 1st April 2025 and signed on its behalf Rev Emmanuel Obeng
GOSPEL TEMPLE, MIDLANDS FOR THE YEAR ENDED 31 DECEMBER 202S Examlners Report We have examined the financial slatements in this report, which have been prepared following the accounting policies. set out in the report. Respective responsibilitles of trustees and examiners As described in report, the trustees of the Gospel Temple, Midlands are responsible for the preparation of financial statements. It is our responsibilities to form an inclependent opinion. based on our examination, on the statements ané to report our opinion to you. Basls of oplnlon We conducted our examination in accordance Yrith standards charity accounting and independent examination. The examination is on test basis, of the evidence r81evant to the amount of disclosures in the financial statements. It includes an assessment of the significant estimates and judgement5 made by the eommittee of the members in preparation ofthe financial statements and whether the accounting policies are appropriate to the Chenty's circumstance, consistently applied and adequately disdosed. We planned and perfoed examinalion of the documents lo oblain all the Infomation and explanations which we considered necessary in order lo provKle us with sufficient eviden to give reasonable assurance that the financial statements are free fomi material misstatements, whether caused by fraud or other irregularities or error. In fomiing our opinion, we also evaluated the overall adequacy of the presentation of the information in the statements. Opinion In our opinion the financial statements give a fair view of the stale of the charitie5 affair5 at 31 December 2025 and of Ils surplus for the period ended and have properly prepared in accordance with regulations of Charrties Act. Date: 16th March 2026 TRACKRECORDS MANAGEMENT SERVICES LIMITED 7 Cochran Close Crownhill Milton Keynes MK8 OAJ
GOSPEL TEMPLE, MIDLANDS FOR PERIOD 1st January 2025 to 31st DECEMBER 2025 Income & Expenditure 2025 2024 Unrestricted Fund$ Unrestricted Funds INCOME Total Offering Tilhes Total Income 230,993.90 103,460.17 334,454.07 170,099_62 96,906.96 267,006.58 EXPENDITURE Pastors Wages Miscellaneous Expenses Church Rent & Premises Expenses Missions, Conference & Travel Expenses Motor & Church Bus Expenses Donation & Gifts Depreciation & Equipmenl Expenses Fuel Expenses Sundry & Legal Expenses Stalionery, Postage & Office Expenses AcGountan¢y Fees Departmental Expenses 22,OOD.00 15,890.07 51,809.22 78,574.57 2,684.58 13,508.00 22,501.09 4.209.93 6,739.92 17,330.53 3,520.00 1,997.00 240,764.91 93,689.16 16,500.QO 18,221,59 63,254.32 20,699.96 4,648.02 2,480.00 20,846.17 5,528.77 15.486.42 9,187.65 720.00 660.00 176,232.90 90,773.68 NET PROFIT NTINUING OPERATI None of the Churches activitses w8re awuired or discontinued during the above financial period Nl ED AINS AND LOSSES There were no recognised gains or losses in the above financial period other than the resu$ for the period and, accordingly no statement of total recognised gains and losses has been prepared. l approve the above accounts and confirm that I have made available all neTrssary information for Iheir preparation Rev Emma beng
GOSPEL TEMPLE, MIDLANDS FOR PERIOD 1st January 2025 to 31st DECEMBER 2025 ACCOUNTANTS REPORT We have prepared the abov8 accounts without carying oul an audit and fmm information fmm Gospel Temple, Midland s books and reconls and explanations suppplied to us. Trackrecords Management sers kn"mrted 7 Cochran Close Crownhill Milton Keynes MK8 OAJ
GOSPEL TEMPLE, MIDLANDS BALANCE SHEET AS AT 31st DECEMBER 2025 202 2024 Notes FIXED ASSETS Tangible assets 1,173,314 1.185,815 CURRENT ASss Debtors Cuent Account 104,609 104,609 66,819 68.819 CREDITORS Amounts falling due 629,599 898.000 Net Current Asselsl (Liabilth'es) Total Assels Less Current Liabilities -524,990 648,324 -631,181 554,635 NET ASSETS I (LIABILITIES) 648,324 554,635 CAPITAL & RESERVES Profit and loss account Profit and loss reserve 93.689 554.635 648,324 90.774 463,861 554,635 In approving these finanaal statements as the Trustee of the Charity, I hereby confirm that these accounts have been prepared in accordance with the provisions applicable lo the Charities A .Trustee el Obeng Rev Emman The financial statements were approved by the board ol Trustees . .2026
GOSPEL TEMPLE, MIDLANDS BALANCE SHEET AS AT 31st DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS 1. ACCOUNTING POLICIES a) Basis of accounting The financial statements have been prepared under the historical cost convention. b) Income Income represents various financial donations 1Ved lo fund the operations of the hurGh c) Depreciation Depreciation is provided on langible assets al rates calculated to write off the cost of each asset over its expected useful Irf8. The rates used on a reducing balance are as follows.. Equipment, Fixtures & Fittings 25% Straht line 2. INCOME The inGome and profit for the year 15 all atth'txrted to the compan$ Fxincipal activity and all servlces have been provKled to the United Kingdi)m market and some donations have been made to Ghana as aid. PENSIONS The Church does not operate a pension scheme. 3. OPERATING PROFIT The operating profit is stated after charging: 2025 Depreciation of tangible re assets Pastors remuneration included Pastors pension contributions 22,501 22,000 1.650 46.151 4. TAX ON ORDINARY ACTIVITIES This represents corporation tax @0% based on profft for the year on ordinary activities
GOSPEL TEMPLE, MIDLANDS BALANCE SHEET AS AT 31st DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS 5. TANGIBLE FIXED ASSETS Cost At 1st January 2025 1.205,816 Additions 10,000 Al 31st December 2025 1,215.816 Depreclallon At 1st January 2025 20,001 Charge for the year 22.501 At 31 st December 2025 42.502 Net Book Valuo @ 31st December 1,173,314 6. Dgbtors Debtors Current Account The Cowcperative Bank Barclays Premiurn Account Barclays Gospel Temple Petty cash 87.809.61 11.522.07 697.20 4,580.00 104,608.88 7. CREDITORS-Amounts falling due less than 1 year Bank Loan >1 year Mortgage 629.599 629,599
GOSPEL TEMPLE, MIDLANDS FOR PERIOD ENDING 318t DECEMBER 2025 Detsiled Income & Expenditure Unrestri¢tsd Funds INCOME Offering Tithes Gift Pledge Sèed & Sp8Ci81 Offering Other Income Interest Income Total Income 135,085.75 103,460.17 25,143.06 10,849.00 11,003.37 48,842.00 70.72 334,454.07 EXPENDITURE Accountant's Fees Church Bus Maintenance & Insurance Church Insurance and Premises expen$e8 Advertising & Marketir Bible School Fees Donations, Gifts & Ordination Fuel Legal Fees & Risk Assessment Conference Missions & Travel Pastors Wages Mission Rent, Car Maintenance, Insurance, PAYE Renl statlonery, Printing & Administrative Expenses Sundry Expenses Bank Charges Depreciation & Equipment Expenses 3.520. 2,684.58 32,234.22 2.092.48 1,997.00 13.508.00 4,209.93 1,128.56 30.170.93 48,403.64 22.000.00 13,650.CKJ 19.575.CM) 17,330.53 5,611.36 147.59 22.501.09 240,764.91 NET PROFIT FOR YEAR 93,689.16
Depreck3tion Assets Additions Acc De cha e 2025 NBV-2025 Building Chur¢h Equipment Computer Equipment Furnitur• 1,125.812 06 50,912.57 10,CK)D.00 19,091.80 O.DO 10,000.00 000 0.00 1.125.812.06 32,956.29 5,000.00 9,545.90 12.728.14 2.5Cx).00 4,772.95 15,228.14 2,500.C¥) 4,772.95 Total 1,205,816.43 10,000.00 20,001.09 22.501.09 1.173,314.25