£(YRyLSND co£cA0 for tfie year en&&30Novem6er. 2022 Comp8ny Number. 1231W7( Cbarity Number. 1193058
GLORYIAND CONNEcrIoh 9-11 Statement of Financial Activitie8 13-18 Notes to the &atemen
Olaiumoke Olubxyi RÉriBned oiiiir1022 Michael SoDirati Abiodun Okugnya Resi ouiir2022 IGII 71J4 Fabek A&*)ciates & Co itd 32 Dewry Road DageDh3m RMIO &4R Conlpany Nurnber. 1230¥7(B Chariry Numkr. 1193058
The Trustee8 prejent their repm with the fiDaocd #atements of the cbarity for the year ended 30 November 2022. The TDJStees. for the pllr of the CEItieS Act 19)3 gs gmended have adopted the provisions ¢rf Accountin8 gnd Repoln8 by altieS.. Statement of Recommended Practice applicable to charities PTeprin8 their cOunts in accordance with the Financial Reporting Standard app]icable in the UK and Rybjic of tre]and (FRS 102) (effective 158nuBry 2019). The Clwity is governed by A eoDStitutio To establish Churthes cell groups and Collkmunity centre8 (any Church Set up under this power shall be hereinafter referred to as.the Chwch.). To set up, adrni and support day nuryerie& playthjs and other educational establishments. To promote festival& celebration8 4nd exbibitions and otherwige to develop community and fellowship. To carry out and direct diipleship. evan8eliKic. miS5iOLWy and ecumenical artivity. To 8et.up. admIrier or wpport training and edllcation Pacilitie5 including but not limited to day nurserie4 play sthools. and other educgtional establishments. To provide vICe. resources and Serv1 to those lffectea by wi81 and econoDJiC To establish and main(ain developmeDt projects ID SM 8(zle economie development and To establi3h mentoring pmgrammes to equip people with values in ]ine with lStIan prinaples. To provide prog[rn to help the re-integration of Mar9D and excluded people8 To fAci]iry. encourage and emp)weT men and women into through the PTOViBiOll 0£ To promote and org4llA7 prograllunes to engage th young people in the commwiity. To developp equip and empower people to be people with ititegriry in order to the challenges 2&gociated with their roles in s(xiety. To acquire or he property of any kiD(L To let or dispose of propery of 3rty kind (but only in accordance vrith the resnictions Impr by The (Jjarities Acr 2011). To grdnts or loans of money aDd to give guawitee3.
We provide frballk for peop]e in the IoL31 communiry We have routine health (2Te theck-up for the people ID lod comJnuniry. We invite qualified health Lwe prnfrgsion8]s ro do health check.ups. to advices on health imes. we played an active role in educaring the local comnlliw on Covid-19 issues We oy finanaer tPer progr4rns for the local commwiiry. We org8ni SC31e buiness veDtures and advices by irAVitiDg buneSS profe&%iona comuLuDity. Funds wbicb are not required for te use or vknich will be required for use at a future date must be placed OD dep)t or iDveged in accordance with chariry re8uhuon8 until needed. The TTUStees must ¢omply with the requiremeDts of The Chariues Act 2011 relating to the keepin8 of finaDaal records the audit or independeDt etsmination of the accounts and the preOU and trarMIssion to the CommiOn of annual rep)rt& returns wa 8tatemeDts of 3C¢OUnt. all reports of conllDitree& professional advice obtsined. F131 record& a rep)rts and s>temeDts of account Tdating ro the TrJst and prepared in ac¢ordance with sub4]ause 6.5 above mustbe available for itiycrion by any A copy of tbe ]are5t milable statement of accouDL must bc wpplied to aDy persoD wbo akes a wtitteD requex gDd pays the Truxees. reaab]e eosts (as requwed by The Chariues Act 2011). Olubiyi olajujnoke Retia Nov 1. 2022 Michael Soniran Abiodun OknLsanyd Retired Nov 1, 2022 A Board of Tntstees governs the Cbarity. New TTUStee8 are sdected by the Board ofTnw and are subiect to re.elertion every five ye3T5. Ar 30 Novemir 2021 the Board's DnberShiP had Teduced to one and two new will be joining in the New Year. We v48nt to thank Mr Okuwya Akn&tunde Abi<Kiun and Ms Olajumoke Olubiyi for the service they ttndered to the ch3rity during their teTm in offtce. Both willbe Trplactdby Mr Victo¥ Kadiri and Mrs OfDre Erh3ho
The Board tTrkree time5 a year to agree key lIcY decisions. set the strdtegy for the chariry and oversee its perfornwice. At present the Board COllllDittee members who are responsible for the day to day attivities of the chaTiry. None of the committee nMEI5 15 ]llg remunerated for being a con)n)it¢ee member. Tnjstee will have an inauction Pro by otherTntstees and receive an iDfonnation pack on the Clwity and its finan. Wond this the Charity follows tbe code of prnctkce for governance ayinst material missratement or l(x58. They indude: A stratew plan and annual budget gpproTrnI by the ThMtts Regular consideration by the Tnwees of fiDancial results, in particular variance from budget Dekgauon of authority and se8reNion of dutie& Funds which are not required for ijDmetste use or wbich will be reqUId for use at a tllre date ust be p]aced on deposit or invested in accordance T4ith chaTity regulations until needed. The Trustees must compty with tbe requirements of The Cknities Art 2011 relating tc+ the keeping of financial records the audit or indewdent eXarti1On of the accounrs and the preparatkon and transmission to the ComMin of annual report& returDS and Statements of accounL all proceedings at Meetings of the Tntee$. all reFK)rts of commit¢ees. all professional advi obtsined. prePed in accora8nce with sub-dAuse 63 above must i* available for inspection by any A copy of the ]ate5t available statement of account must be mpplied to any person who makes a wEitten request and pays the Tntytee8' reasonable costs (as required by The Chariues Art 2011). We are grateful to Mn Olubiyi Olaiumoke and MrAbiodun Okugnya for their faithful service to the charity. The two of them re1ctea outside IAmdon ana have TIgned their membezship of tbe b08rd.
A B03rd of Tntstees eTns the Chariry. New Truxees &re 8elected by the Board of Trustees and are subject to re.elecuoTI every five yexrn Ar 30 November 2022. the Board h¥d a meniiEThhip 0£ one and efforts are beiD8 made to *pp)iDt ]Jew llwtibeTS to the b03rd. The Board meets three times a year to agrtr key policy decisions. set the strategy for the chariry aDd oversee i perform3n¢e. At present the B(a has commitree membeTg who aTe responsible for the day to day activities of the ¢hAtiry. None of the Commi wmbers is being rellkunerated for beins eon]mittee member. TThee will have an in(IuLtiou prograe by otherTrustees ODd receive an iDformation pack on the Chariry and its finances. Beyond this the Cbariry follows the of prartice for governance produced by the GoveTDance Hub. Cojnpany law requiTeB the Trustees to prepare fi]wicia] . wbi& tompty with the Ch3riues Act 1993 as amtnaed. The gy8tems of interDa] control are desIa to provide re3soDable, but not &blute. wonnce They indude: iv. bua8ef Dele88uon of authoriry aDd segre8atson of duties.
statements in accordan with applicable law and regulatioDs. accordance with UK Accoullri Standar& and appllcable law IUK Generally Accepted The financial statements are required by law to give a true and fair view of the strte of 8Eairg of the charitable compwy aDd ofthe excess of income over eXndItUTe for that perio select suitable acu>witiDg poliaes and theD apply them COD5i8teDtiy. state whether appliable UK Accounting Standaz& have been followe& subiect to to preBume that the Charity will continue in its activiue The uosrees are responsible for keepin8 proper accowitiD8 records that disclose with reasonable aceuracy at any time the financial position of the cTrwitable compny and enable them to eDsure that its finanaal Statements comply with the Clkariues Acr 2011 as 4meDded. They have general responsibiliry for taks such SteF as are reasonably opeD to them to 88£eguard the assets of the elwitable LX)mpany and to prevent and detert frdud other irreguljrities. The trustee3 who hda office at tbe datr of approval of this trusrees. teport confirm thac so far they are each aware. there is no relevant InfornOn of which the Cknity's exBminer is unaware: and each tnutee b&8 taken ajl the steps thai helshe ought to h*ve taken as 8 trustee to make himseVI hene]f aware of any reieyant infotwtion and to esrablish that the Charity's In Jine with the provision exempuon in the ChltieS Act 2011 as amended the chariry
We report on the accoun of the Trugt for the year ended 30 November 2022, whi& are t out on Pases 11 to 19 We }e ¢iDed the financial strtements of tbe Rdeerned Christian Church of God. Gloryland Connections (the clwiry) for the year ended 30 November. 2022 which comprise the Statement of FinaDcial Activities the Balance SheeL the StatemeDt of Cath Flows aud the Teiated notes, including a 5MMary of significant accowitin8 policies the financittl •g fraroework that has been applied in their prepgration. its applicable law and United Kingdom Ac¢ouDting Standard& including FiDancial Reporuns Standard 102 . The ThnanCi ReporuDg Standard applicable in the UK and Republic of IrdaDa' (UDitea Kingdom Generally Atcepted A¢coiuLtin8 Practice). The finanag18t•tements have been prePd ID accordance with Accouniin8 and Rep)rtin8 by Charities prepating theiT account3 in accordance with the Financial RepottiD8 Standards applicable in the UK and Repllblic of Irelana (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice i88ued OD l Aprll 21Y)5 which 18 referred to in the exwit regul8tiOll8 but h&8 ieD withdrawxL This b3s been (IoDe iti order for the accounu to provide a true 8nd fair vlew ID accordgnce with the Generally Accepted Accountill8 Prartice effective for repoTun8 Perio be8 on or *frer l yanuary 2015. In our opinion the financial statements: Give a mie and f2iT view of the state of the ¢h&iry's affairs 89 at 30 November 2022 and of its incoming resowces ana application of remrces for the year ended. Have been properly prepta ID accordance With Urrited KiDgdoth Generally Acttpted Accounting Pracrice? Have been prepared in accordw with the xequirewnts of the C}ltIeS Act 2011. The C1.$ tsljstees are T)n1)le for the preparntion of the accoi]nts. The charl8 wtee5 con8ider that audit is not required for this year (under section 43(2) of the Chariti6s Acr 2011 (the 1993 Act)) and that an independellt eaminxtion is needed. It is our twnsibility to: examine the accowits (wider section 43(3){a) of the IW3 Act)" to follow the procedur¢8]3id dovrn in the General DirectiODS given by Ch¥riry CommissierS (under Section 43(7)(b) of the 1993 Act): and to state whetherpattiCu Tratt5 have coll to our attentioii.
Chlty commonets. An exaD)ination indlldes a review of the accowiting records kept by the charity and a eomwiwn of the accounts presented with the records. It algo includes from you as trustees concernin8 any such matters. The predUreS UDdertakeD do not provide all dLe evidence tbat would be requirea in au audi( and eonsequently we do Drt express an audit opinion OD the view siven by the account¥. (l) Which gives us rewnable V$e to be]ieve that in any mateTsal respect the requiremen to keep accounring tecoTdg in aecordance with xction 41 of the 2011 Act. and to prepare accounts which accord with the accounting reconls and comply with the accounting requirements of the 2011 Act as amende& Have not been or (2) To which. in our opinion, attention 8boda be &awn in oraer to eD#ble 2 proper This teport is znade solely to the charity's trnstees, as a Wy. in accordance with Part 4 of the Charities (Accounts and Repons) Regulatsons 20. Our exarninatioD of the account5 has been nderraken so that we might stste to the chariry'8 trU5tee5 those mattu5 we are required to state to them in #n examinerfs tepon and for no other purpooe. To the fUllt extent pennitted by law, we do not accept or a&sume responsibiliry to anyone other than the dxatity and its trugtees. aB a b)dy, for the independent enrni WOTL or for the opinions we have form Fabek knociates and Co lid 32 Dewey Road RMIO 8AR io
Piior Ye Totsl 2022 2022 2021 39.375 36.760 xi.372 4&040 76.135 76.135 TotA] 75.351 75.t4Y5 75.351 784 807 Nrt Iwm• for the y 784 679 (1281 Totsl brought fornza 679 679
REDEEMED CHRISTIAN CKURCH OF GOD GLORYLiND CONNECTIONS . Re•¢)nrteJ pp]a 21m 2021 {1,2} 784 39Y Lu¢ yur Totsl Fw 2021 2022 2022 2022 (128) 679 679 REDEEMED CHRiyrtAN CHURCH OF GOD GLORYLAND CONNEcfioNS Income And E¥etiditllr• A¢eount for tb• ye•T ¢nd•a 30 NoT•mbtr 2022 *# reqlliTed by the Art 2006 2022 2021 39.375 30.3T2 3A7(11 76.135 76.412 76.412 7&491 240 74,865 240 75.351 75.605 784 807 784 807 784 807
Notes 2022 2021 Fixed u8ets TAr%bk gs$ets 720 Current ujeij C¥b at bAnk 9Tr4 in Imrd 459 (41) Nrt cvrreDt a•aell The totsl Det 888etJ of rbe 1.463 679 Th• totsl net u•ets of tbe cbarity are flea by tbe 0£ th• ¢hotty, AO £oJlow•:" 679 679 679 1,463 Total ch•riry fund? Micb&el SoDir8n Tn*tre
FOR THE YEAR ENDED 30 NOVEMBER 2022 The financial statement5 have been prepared in aceordance with the c}lties SORP (FRS 102> . Accountitis and ReportiD6 by CbaTitie& Ststement of Recommended Prartiee Reportin8 St#nd•rd app]lble in the UK and Republic of Ire)and (FRS 102) (effective I JauuAry 2015>. the Fir131 ReportirLg St#ttdard app]icable in the UK and Republic of Ireland (FRS 102 and the Charities Acr 2011. The fin8ncia] statemenrs have been prepared to give a true and faiT view and have depaTrd from the Clwiiies (Accounts and Rep)rts) Regu]atioDS 2(X18 ODly to the exrent required to provide a trne and fair view. This deparne has involved following the Chille3 SORP (FRS 102) published on 16 Juty 2014 rather than the Accounting and Reporuns by Charities Ststement of ReL Practice effectÉve &om l April 2005 Black and Minority Etlmie Comrnunity ParmeTrhip meet the definition of pub]ic bejjefit entity under FRS IIY2. knets arkd li?bi]ities initially rec08n1s ot bi8tOriC81 cost or the accounts a PrePad on a 80ing concerD IJ All income is reeogni8ol once the Ch*ity has entitlement to the income. It is PTobable that the income will be received and the amount of ineome can be measured reliably. Expelldite is recognised once there 15 a legal or constructive obligation to tranrfer econo]DiC benefit to a third paTry. It is probable that a tEJDsfer of e¢onomic benefirs will be Tequired in settlernertt and the amount of the obligation Can be measured reliably. Expenditwe is dwified by activity. The costs of each activity are made up of the totsl actxvity. Direct costs attnlJut2ble ro 2 ngle actsviry are allocated directly to that activity. 14
zttntsutable to 8 SiDgle activity are ap[l0ed between those activities on & basis Consient with the we of resour Central staff costs are allocated on the blS of Lime spenl th depreciation charges allocdted on the pnion of &s8et's us which fiuther the CharlS objectives as well ¥ aDy awiated support citsts. Grants payable are cbarged in the vjhen the offer is except in those cases where the offer is conditionaL such grts bein8 recogn s expendille when the conditiODS aryaching aTe fu]fille& Grdnts offered subject to CODditions which have Dot been met at the year.end are ttea as a con)mitmen( but not accrned as end1. All eXtnditure is iDclusive of irrecovernble VAT. IDterest on fund8 beid on deposit is Included when receivable and the arnouDt can be megsured reliably by tILe CIlry. this is nOllDally uFx>n DOtifi¢•tion of the interest pd or payable by the instituuon with whom the fijnds are dep)sit modd. tangible fixed assets are measured at Cost less accwnulated depTeci3uon and any accumulated impairment losses. All costs incurred to briDg a f2ngible fLxed a88et into its iotended working condiuort sbould be included in the Me&SAt of COSL Depreciauon 18 cb3r8ed 80 88 to allocate the cox of tanglble fixed ¥ts ie89 their residuol value over their esDmated lives. Depreciation is prowded on the following bases: Freehold property - not depreciated Long term leasehold properry - IIXI yea F4uipmenr - 7 years 1.7 DelA Trade and other debtots gre recogwsed at the selllement amowit after any trade disCOWIt offered. Prepayrnents are valued at the amount prepid net of any trth discounts due. IJ C•h #imnkadin haDa Casb at baDk &nd in haDd includes (h and short term highly liquid iDvestmeDLS With a short tL1ry of tTrtree months or1ts8 from the date of acquisition or opeDiDg or similar accouni.
of a past event it i5 probable that a transfer of economic will be Eequired in settlemenL and rhe amount of the settlet can estimated reliably. Liabilities are recognis at the amount that the awity lntkckpated it will pay to settle the debt OT the amount it bas reIved • adva] payments for the gLXMls or Serv it must pro. Provisions are measured at the best estimate of the arnounts required to setde obligation. Where the effect of the time is Aterial. the proviwn is based OD present Vdlue of Activities as a finarkce c( Gener81 fillyds are llnrert fimds which are ani]able fi>r u8e at the di8crdwn of the TTreS in filltherance of the general obiettives of the Cbariry and which have not been designated for other puryc De5igDated funds comprise unresrricted funds that have Iwi set aside by the TnMees for particuhr pllrF. The aiDx and we ofeach de5i8nated fiud is set out in the notes to the financial ststement& Restrieted ndS are fillknls which #re to be used in aeeordance with 5peeific restrictions imposed by the donors or which have been raised by the Chariry for p8niculgr purposes. The costs of raisin8 and adMiring such funds are Charged against the specific fid. tnve5tsnent income, 8aiD8 and l(k¥es oll(*ated to the appropziate fund. Carreat year Cllmnt yearcarrent year Prior Yeat Uarertricted Rexrictea Totsl Fund• Total 2022 2021 2022 2021 Tot aollatio and gifts fro 39.375 39.375 30?72 16
CuneDt Ye Cllu•n¢ yearcuxrent ye¥y Prior Year Unrerttlcted 2o•trietra Total FundB Toul 2022 2022 2022 2021 36.760 56,760 36.760 46.040 Totyl invetwEnt income 36.760 Corr¢At ye•z Carr•nt yerCllmnt y¢ar Prloz Ye•r Uweuletea Rerknèd Total Fund• Totsl FuLd 2021 2022 2022 2022 4.410 190 4.410 190 6.163 loo 4.600 6.263 Totyl dtrect q>endkns 4.600 Support cort• tor cbArltybJ• •¢tlTIth• Premiw Expewes 68.000 66.150 AdmlTrTrtlve overhud• Staty)nery prnung txtWin%To zoos 144 650 144 6JO 173 041 68 650 EqUrnei expen 450 450 Profe•vowJf•e$ja to dvi*7n other tkn tb¢ auditor or ¢tiwiDer 920 ewniiatKIDor audtfees Z40 240 DepretHwiD & AmoEWb)ninwdfor 240 70.131 68,842 Total sllpport co•ts- Cnrrent Ye 70.131
620 620 500 Totsl Govern* co•ts 620 620 500 TotAI Cb4rtt•ble ezpenditll 4.600 70.131 620 6.263 68.842 500 TotslwpportCOSts TotslGoverDe co•5 70.131 620 75J51 75,351 75,605 P]4nt & M•cblnery Co•( At I tknmber2021 12 12 Add01 At 30 NoveYdbeY 2022 1.200 1,200 D•precl&tlon At l December 2021 Cborge for the year 240 240 At 30 November 2022 720 720 Net book vallle At 30 Novejnber 2022 480 480 At 30 November 2021 720 720 2022 2021
At 30 November 2022 Ta) FIYAI Assets 480 983 1.463 1.463 At l December 2021 T2n Firyl Asseti Cuuent Assefs 720 459 (500) 459 (5(W)) 679 679