Clwrty Nwntrff. I183n4 A&SEMBLY OF GOD SOWERS OFGOOD PiEW5 MINisfRILS TRUSTEFS. REPORT AND FINANCIAL sfATEMEKTS FOR THE YEAR ENDED 3110712024
ASSEMBLY OF GOD SOWERS OF GOOD NEWS MINISTRILS c•elts Legal Ind administralive infornutn Trustrcs rq)ort IDdepaMlenl Examiner's R Sthkment of finaTrci activiti¢8 Belae Sheei No*s lo the fllwiciAI stalcments
A88EMBLY OF GOD 80WERg OF OOOD NEW8 IAIN18TRIE8 CHARITY INFORMATIOII FOR THE YEAR ENOED 31ffJ7n014 TRUSTEE8: Sllnr Ghozzl Bfuno San109 REGISTERED OFFICE. CJO ern•mar Av•N• Wisl ChAr Brnemar Av•n W(xrfJ Green LonL N22 7BY CHARITY NUMBEIL. 1185224 ACCOUNTANTS: Meloth) Consuljncy 13 SL Swlltth'• Lw•. Rorffj 2 LoThJ EC4N 8AL
Tfuil••i' rnport I th• y••r •nd•d 31 Juty 2024 The Iruslees prnsenl Ihelr 8MuJI rewl rt flnanclal stslthTrents tr IP• 310 2024, The ljusknel hav• •dcpled Iho rthskMs ol the S18temenl Pr8ctr8 Accojnbro aTrJ Repxbrs by cha83 bJu•d kn March 2()JS kn w•parry •rnud fepxt finffiu•l sla11 ol fv chwty. Th• obl•cts ol th• thrfty w•; 1. To •JvarK• t Clwlsts•n tslth I tho b•nefil irnl kn sh pwts u8d Iwcffl M I InMl803 IrDm bmo lo may thlnk fit. 2.To rn118v• Blckneu and fwwncial hofdsllp and lo Prtyn aTrJ pros•Ne health by lh8 ol fvrth. •19 frf SfThiCQS ol 8ry kknd, the of rthmlI1r9 aTrJ wrfyl kn pwb Lrf tslo Unrt8d K#yAYn as Iho Iwsleos frrm lIn lo rne Ihnl rrt. aTrJ 3, To advan ed1 fcrf tho bfft In jh ways In cl ts Unthl a8 fv trlO69 frr lo lffte may Ihknk f tnnl••s kj morw Ih dwty aff. Th drity Ir ¥(5 drI th• yw. Tr%•£I10n8 •nd I1¢1 poslllon Th 51al•nK•nl d finwKtsI aclYlb•s shm 8 nel wofrt of £0. Flx•d Ajmts T fixed al1$ In Iho yur ended 31# 2024 Fund mltsbl• TM pr656nl level ol furnllng Is 808qual8 lo th• CA clvty K1paI OFwalxffi ry ThluM term, and ts truslees c(rnhJer ts fina111 ol dwty k) be satslKby. Man4•m•rt Tho tru51e8s Jdlyely r•vlow rlsks th• dwty f•Jg on a I1¥ bohm tsl m•nlaN r•swv•$ 41 arnll•vds. combknwj whthInOuI Mc4th•CtrC4S overkty r•xwrc•s evonl ol8dv8 cthdlknrn. Th INstws hm fjw oxanthl othaf owalonfyl rlxl t18 rnks IJLI
TnMl•o' Iiwi forth• y•w •nd•d 310 Jwty 2924 i•wl wx by tho I121224 cm Ib t•lrbY Ghezzl TfU8lee 19112n024 Sllfnai Ghezzj Trustee 1W12r2ff24 Bw antos Trus188 Iw1224
l (m dtr• ttajth thy fv )•wffthl 31• 2CQ4 s•t • l•• b• W2) rf • (Y•lm 1913 (h 1W3 rny 41ryb) (d It• kt 1W Pd CPAA 1W12rJr24
JIPJ71X2d Fkn•d •••• D•blorn C••h •nd kn hnd Totsl Crndkn. l•llry thJ• llhkn om 10 Cr•kn•: lall¥ kn •ft•f 11 Fund• ol th• Clwlty UM••trkd fvnds 12 Totsi fih Fcd Il *• c(rnFwry was 471 rl I Sy•J ty (Y• t• Srta.IW1?r4
ASSEh18LY OF GOD SoRs OF GOOO NEWS IIINISTRs NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3111 July 2024 1. A¢counllTrg Conv•ntlon k£oJnlty and ReF&vtrg ty Chanues Slatthrnnl of Pracke. b%d in M1 2CQ5 (SORP 2((151 •xl c1015 2fTh. dwty haj laken athntage of in FRS01 frryn th• • cath slal•m•nl t•cxuJ•11 IJ • sfflll cthlrtty. l Attounllng polkl R•eognttlon ol hwlng mouru• These ar8 IJu08d fft Ihe Stalwnenl ol FmNJal (S) Tlkry (hnty lOrneS enb to h reSrces. Th kntsl88s 8rn Jaty certain th• re5(xxc69. 1Th1 Ih v4hA c•n measufl vnth suffiaenl r•hablity. In¢omlng r•sourc•• r•tst•d •xwndllur• 1 fdatwj elndO w• repjtsd grnss Sd•. Grants ind dOnlon$ Tax rnclthi on donal1$ and 9lfts Iw resowcu IT tal rthIms we IM Sola ai th• 8arn• Ivrn as ts gft lo lKh Imy fdalé. Glts In klnd CAfts kn kwid Ire cn(ed IN •1 a reaswble esknmile ol vakn ID Itkg chanty crf anwrt r•&kna. kknj ly crf dlstrbjlkn • hYJAlod in Ihe acauits as grfb th then rftslnbJl•d by h dwity. Invlm•t In¢om• Thls Is In th rKthvth. Lljblllty r•co9nlllon Llabilbli •• Kpjn u Ilwv ts a lty•l IY clb¥lbn tho thrlty lo pay Gov•mMc• co Costs preparalth WKI ellminalkffl d slabjty 8coxxts, cl InAl•o aNI co# ol any a0 lo trustees LY CCnslrtul nhitten.
ASSEMBLY OF GOD SORg OF GOOD NEWS IdlNisfRIES NOTES TO ThE ACCOUPITS FOR THE YEAR ENOED 3111 Jvty 2024 Grants wfth P•rfOrnM• condlllonl the thaiity gfvos a grnnl wfrlh rtg paynyrt • 9Focffic knel ol serte or ouw lo bo gr are onty recogntsed In Sola onfx Ihe ftttht ol the granl has prthjed Iho 9c¥ LY 1L Grnnts pay•bl• wlthout pwform•nc• condltlonj T1 are onty recrgnls8d In the Ktnts vthen a commitry1 has beffi m•J• wyl arn no c(nftsM kn t• rMI f•l•try Io Ihe granl lch remaln In Iho corfft4 0¢ Iho dwty. Support Costs Supwl costs Include central funcllcm5 have be aPLxxted to 8CtMty CLUI catwl89 on a bajb cfytsslerrt Mlh tr Ltse of sOurCes, e.g. all(xalmg proth costs by Iky)r arvas. crf per stsff (vsts by fv IrrKI spent and othef (y)sts by ththr usago. Invwtrn•nti Investments quoted J rwnlsed sIk exthaffje ar• vknj al rMrt•l vluo 8t )•ar ff#J. Ots Inv85tsMnl assets are lthed at kntstees, te51 estmate of mafkel FfahAry. 3. Anatysls ol Incomlng rnsources Thwe were no clIj ros(xKces lh8 y•ar dthJ 31 Juty 2024 10
ASSEMBLY 01 GOD SOWERS OF GOOD NEWS m1141sTRS NOTE3 TO THE ACCOUNT9 FOR THE YEAR ENDED )1 Juty 2024 Thw• d•bth y•w •thd 310 W 2024 10.11. Crndftorn Tkn no kn Ih yw •Thl•J 310 Juty 2024 12. Ilov•m•nl ol lund• v• Th) ol lurtrJcA kn th• y4•r 3111 July 2024 13. Employ••8 Tkn no wnF4JyMs ymr 31d Juty 2024 14. Truth•• Exp•M T trus1. •XF•UM In tho WKl•d 31 2024 IS. F••9 for •x•mlnthn or •udll th• ac¢ounts Tlwe TAve no lees fcf exarnkwlth crf 8Jrt th K£xwnts y••r •TrJwl 31d W 2024 16.Gmfj IIw• •5 Thi nI111 yow 31 JY 2024
D•ar Slrl, W• conflrni lh• followlng Inforniatlon In conn•cllon wllh th• flnandll slat•ffl•nts for th• yur 31. Jufy 2024 h. to b• b•st ol our knowl•d9• and balhl, tru• and filf, b•artn9 In mlnd Ih rnqulr•rn•nts ol th• Chwlllm Ad 1993. 1. G•Tr•rnl To the bes1 Lwr acknowbjge aTrJ 811 tr8nsaclrM uTh4ert&ken tttn rtt(mJed in Ihe xcmting recf/ds 8nd Ihese rmala1 slalwnents and 81 rebv1 have y. l Accounllng Pollc The Accwntsngs pdo85 used and delailed kn Ihe slatThnts aThJ crmstsnl wrth Ilw In evws financbal stalemefls. 3. Stst•m•nt of Flnkncw Acllvttlts . Exc•pt u dlsdos•d In th• finandal stat•m•nts, th• r•suh lor th• y•af f• not mal•flally affected by.. transack)ns ol a sort n(A usualy UTrIerfake char9es ry Clts rnlatsf¥J lo FMc¥ts or Any change In Iho basls ol aCcng. Any expendlbjre dlad In Ihe ffinanoa stalernwts 5pts vowthers ThW8 availat48) was MI In conkn Mlh Ihe crn C ol lh8 chanty's tJsffiess. unless rthfwj to 89 rrfJ ol a 4. Flx•d Asi•ts (£01 There re fixed 8SSets year ondod 311 2024 S, D•btorn (£O,TrJ) There vme no debtrn In the yew ended 310 Juty 2024 6. Oth•r CurT•nl $•19 {£0) Thwe no olhef 8Sseb yoar 31# 2ty24. 7. Llibllltl•s (£0) There were nO1bIl8 In th• yew 311 JL4y 2024. 8. c1111 Comnth•nts Tlwe wwe no capllal Cw1rtnts kn fv year wmlod 31d W 2024 g. Conllng•nl U11111 Tlwe ¥Mre no c• li yew and 311 Juty 2024. 10. Post 84linu Sh••t •v•nts No ewents ha belw•8n 3111 My 2024 KI Iho d• l•Uw CfAI nmtsnaty aff•cl Ih 11. Trnnucllom wtth TfuIIM• wwe Th> IransKihM trwl•M In tho y•or Ij•d 31d lJ24. 12, Oth•r R•l•l•d Pwty Tranudlon• Tlwe rhwo M othw flfAJ w IraMxlkTh In tho yw fAKbJ 31• W 2024. 13. Golng cO•M T u no Il y•w 31• Juty 2024. 12
l& LTh and R•gul•tlon• W• (uffffli th•1 the CtsTVry Iws ctyrO1•J al llw r•Jul•lkTh KknO•J ol fv cl4rfty th• lw1224 13