2024-04-30-accounts - God's People Assembly

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GOD’S PEOPLE ASSEMBLY

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

CHARITY NUMBER: 1190777

GOD’S PEOPLE ASSEMBLY

8 Upper Villiers Street WOLVERHAMPTON WV2 4NP

INDEX Page

Index 1 Trustee’s Report 2 – 3 Receipts and Payments Account 4 Statement of Assets and Liabilities 5 Notes on the financial Statements 6

GOD’S PEOPLE ASSEMBLY

TRUSTEES’ REPORT YEAR ENDED 30TH APRIL 2024

The trustees are pleased to present their report for the year ended 30th April 2024 for the charity, God’s People Assembly with charity number 1190777.

The Trustees of the charity are: Ms Cinthia Anikwe Mr Lawrence Obiora Pastor Faith Nnebedum Ms Anna Anikwe Mr Chinwendu Imo

The principal address of the charity is : 8 Upper Villiers Street Wolverhampton WV2 4NP

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a CIO – Foundation Constitution registered 7TH August 2020.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit of the public. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation held regular meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held outreach meetings during the year in which individuals had the opportunity to hear the message of the Christian faith. This has produced good results in reaching and helping members of the community.

2 FINANCIAL REVIEW

The donations for this year are £139,470.00. Although this year's charity amount is substantial, the costs have been well-managed over this period. The organisation is still in a good position to manage its costs. The main cost of the organisation was paying for the hall it uses for its meetings.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

1.Select suitable accounting policies and apply them consistently.
2.Make judgements and estimates that are reasonable and prudent.
3.State whether the applicable accounting standards have been followed.
4.Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 02 September 2025 and signed on their behalf by:

__FAITH LAWRENCE NNEBEDUM__________

Independent Examiner’s Report To the Trustees

GOD’S PEOPLE ASSEMBLY

I report on the accounts of the church for the year ended 30th April 2024 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

Examine the accounts under section 145 of the 2011 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
State whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church 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 I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

(1)which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:

proper accounting records are kept( in accordance with section 130 of the 2011 Act - accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or

(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Francois Ngwewa Suit1 – 1[st] Floor St James’s House Pendleton Way Salford M6 5FW Mobile: 07979861286

GOD'S PEOPLE ASSEMBLY

ACCOUNTS FOR THE YEAR ENDED 30th April 2023

1 Receipts & Payments Account (General Purpose Fund)

Income Receipts 2024/£ 2023/£

Donations 139,470.0 433,477.9 Interest 0 0 Gift Aid 0 121,483.3

Total Receipts

139,470.0 554,961.2

Direct Charitable Expenditure

Hall Hire 26,000.0 Refreshments 3,000.00 Church events 10,400.00 Travel costs 600.00 Light & Heat 2,500.00 Insurance 800.00 Rates 877 Repairs 1,602.00 Supplies Welfare Motor Expenses/acquisition of van Professional fees /other expenses 1,800.00 2,654.00 1,157.00 1,76,160	43,900. 6,000.0000 23,800.0 600.00 4,460.00 800.00 800.00877 12,350.0 5,000.00 3,500.00 34,175.9 157,690.
Total Expenditure 227,550	293,153.
Net Income /Expenses (88,080.1) Net Receipts/(Payments) for the year Cash Funds brought forward 269,773.1	0 8,153 8153 -188
Cash Funds at the end of the year 181,693 7965

5 GOD'S PEOPLE ASSEMBLY

2 Statements of Assets and Liabilities at 30th April 2024 Monetary Assets

Monetary Assets
Cash Funds	Unrestricted Funds
	£/2024	£/2023
£
Cash at hand and in the bank	181,693	269,7
		73.1

Total Cash Funds 181,693 269,7 73.10 Assets Retained for the Charity's Own use Non-monetary Assets and Liabilities Musical Instruments 14,000.00 50,000 Equipments 14,000.00 50,000 Liabilities Bank 181,693.00 Bank 269,773.1

These accounts were approved by the trustees and signed on their behalf by: Pastor Faith Nnebedum

GOD'S PEOPLE ASSEMBLY

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30th April 2024

ACCOUNTING POLICIES

Basis of Accounting

These accounts have been prepared on the receipts and payments basis with all revenue and expenses shown on a cash basis. Non-monetary assets are shown at estimates of the value at the end of the year.

Funds

The CIO has a general unrestricted fund that receives voluntary donations from attendants at the services.

The CIO has no outstanding guarantees to third parties no any debts secured on the asstes of the CIO

Public Benefit

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for public benefit.Details of how this is achieved are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.