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2025-04-30-accounts

Trustees’ Annual Report for the period

From 01/05/2024 Period start date To 30/04/2025 Period end date

Charity name: Saving Grace Worship Centre International

Charity registration number: 1194035

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To advance the Christian faith, in
particularly but not exclusively, the
provision of a place of support to the
community,
provision
of
free
resources that can help individuals in
turning their dreams to reality,
providing teachings on the bible, living
and communicating within a Christian
ethos and providing relief to those in
need.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identifiedin the accounts.		 Para 1.17 and
1.19		 Advancing Christian Faith
Provision of free resources for the
advancement of Christian faith
Providing relief to those in need
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 Yes the trustees have had regard to the
guidance issued by the Charity
Commission on Public benefit

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related

investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 This is our 4thyear of operation.
The structure and processes put in place to
ensure accountability and responsibility
towards our charitable purposes are more
established.
This year we commenced activities of raising
fund towards buying our building hence we
had to minimize our outgoings.
The charity still continues with thirty- one
eight which has provided resources and
training materials for our trustees and
volunteers and also supervises our
safeguarding and CRB registrations for our
volunteers and trustees
We have ensured the provision of teachings
on the bible which have enabled our
members and the community that joins us to
live and communicate within a Christian
ethos. We still continue to hold our meetings
three times a week and on Sundays so we
can support our members.We also continue
to organize weekly sessions for the young
adults which is now thriving and many youths
have benefitted from the sessions.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set

Para 1.41

We now have a regular meeting with young adults where we create session to answer their questions relating to life, spiritual fulfilment and career choices based on biblical principles. The group is growing and many of them have been transformed into better adults.

Performance of fundraising
activities against objectives
set		 Para 1.41 Some members took it upon themselves to donate
towards our building project. Although the
fundraising is still in its infancy, we are hope
hopeful that it will pick up soon.
Investmentperformance Para 1.41
against objectives
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity got some donations from its
members to fund our charitable activities
and we have some surplus which we
intend to apply in support of our
charitable work in the coming year.
The Charity’s fund also exceeded
£25,000. This has led to the
addition of independent examiner’s
report to our annual returns
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 We hold the reserve so we can apply it to
meeting our objectives especially in
relation to getting our building in the
coming years as we envisage greater
participation
Amount of reserves held Para 1.22 £ 62,609
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 Our Principal sources of fund are from
church members who believe in our
charitable work. We raise fund from
offerings on Sundays and voluntary
donation at any time from church
members
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46 We are in the process of security another property for
Worship
Other

Structure, Governance and Management

Description of charity’s
trusts:		 Foundation (CIO)
Type of governing document
(trust deed,royalcharter)		 Para 1.25 Foundation Model Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charityname SavingGrace WorshipCentre International
Other name the charityuses
Registered charity number 1194035
Charity’s principal address 181 Constitution Road
Chatham
ME5 7DJ

Names of the charity trustees who manage the charity

1
2
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5
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8
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19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee(if any)
Oludotun
Ologunebi		 Chair
Agnes Remice Secretary
Racheal Alabi

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of
adviser		 Name
Address		 Name
Address
Accounta
nt		 Arlene Samuel-Asong AOA Accounting Services Ltd
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date


Oludotun Tinuola Ologunebi		 Agnes Remice


Chair		 Secretary
21/01/2026

SAVINGS GRACE WORSHIP CENTRE INT’L

Registration Number: 1194035 (England and Wales)

Unaudited statutory accounts for the year ended 30[th] April 2025

Period of accounts Start date: 1[st] May 2024 End date: 30[th] April 2025

SAVINGS GRACE WORSHIP CENTRE INT’L Contents of the Financial Statements For the Period Ended 30[th] April 2025

Trustees report 3 Profit and Loss Account 4 Balance Sheet 5 Notes to the Accounts 6-8

2

SAVINGS GRACE WORSHIP CENTRE INT’L

Trustees' report period ended 30[th] April 2025

The trustees present their report with the financial statements of the organisation for the period ended 30[th] April 2025

Trustees

The trustees shown below have held office during the period from: -

1[st] May 2024 to 30[th] April 2025

This organisation is a charity and prepare reports complying with The Charity Commission and Generally Accepted Accounting Practice (UK)

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

This report was approved by the Trustees on

19[th] December 2025

And signed on behalf of the board by:

Name: Dr Oludotun Tinuola Ologunebi

Status: Chair

3

SAVINGS GRACE WORSHIP CENTRE INT’L Profit And Loss Account

for the Period Ended 30[th ] April 2025

2025 2024
Unrestricted Unrestricted
Note Funds Funds
£ £
Income and endowments from:
Donation 2 44,806 33,828
Other Income 7,545 -
Gifts received 50
Total 52,401 33,828
Expenditure on:
Charitable activities 3 10,278 22,191
Total 10,278 22,191
Net (losses)/gains on investments
Net movement in funds 42,123 11,637
Reconciliation of funds:
Total funds brought forward 20,486 8,849
Total funds carried forward 5 62,609 20,486

4

SAVINGS GRACE WORSHIP CENTRE INT’L Balance Sheet as at 30[th] April 2025

Note 2025 2024
£ £
Current assets
Cash at bank 4 62,609 20,486
62,609 20,486
Creditors -Amounts falling due within one year
Net current assets 62,609 20,486
62,609 20,486
Net assets 62,609 20,486
Income funds
Unrestricted funds 5 62,609 20,486

The notes on page 6-8 form part of these financial statements

The financial statements were approved by the trustees and authorised for issue on 19[th] December 2025

…………………………………

Dr Oludotun Tinuola Ologunebi Chair

5

SAVINGS GRACE WORSHIP CENTRE INT’L

Notes to the Financial Statements for the Period Ended 30[th] April 2025

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 .

2. Donations

2025 2024
£
£
Donations Received 44,806
33,828
Gifts Received 50
Other Income 7,545
-

6

3. Charitable Activities

2025 2024
£
£
Gifts Paid 90
962
Charitable Expenditure 247
-
Rent 2,190
8,181
General Rates 136
900
Electricity 1,630
1,325
Venue Hire 765
983
Events- Speaker -
850
Events- Cateringand Food 1,270
1,506
WOW Conference 1,045
-
Stationery 112
-
Honorarium Paid 240
-
Instrumentation / Pianist -
35
Cleaning -
-
Youth Conference 292
-
Donations Paid -
50
Website & Software Maintenance 172
751
Professional Subscription 150
145
Travel -
632
Retreat 814
1,180
Books & Magazine - (20)
Service charge -
3,591
Church Entertainment 26
160
Event Material -
348
Audit and Accountancy Fees 200
150
Equipment Purchase 899
451
Subscriptions - Companies Hse -
13

7

4. Cash at Bank

2025 2024
£
£
Cash at Bank 62,609
20,486

5. Unrestricted Funds
2025 2024
£ £
Balance Brought Forward 20,486 8,849
Add Funds Provided byMembers - -
Movement for theyear 42,123
11,637
Balance Carried Forward 62,609 20,486

8

Independent Examiner’s Report to the Trustees of Saving Grace Worship Centre

AOA Accounting Services Ltd report on the accounts of Saving Grace Worship Centre for the financial year ended 2024/25 , which have been prepared on the Receipts and Payments / Accruals basis.

Respective Responsibilities of Trustees and Examiner

The trustees of the charity are responsible for the preparation of the accounts in accordance with the Charities Act 2011 . The trustees consider that an audit is not required for this year under section 144 of the Act, and that an independent examination is needed.

As an independent examiner, it is my responsibility to:

Basis of Independent Examiner’s Report

I have examined the accounting records kept by the charity and compared the accounts presented with those records. I have also considered any unusual items or disclosures in the accounts and sought explanations from the trustees concerning such matters. My examination was limited to the procedures required under the Charities Act 2011 and did not include a full audit.

Independent Examiner’s Statement

Based on my examination, no matter has come to my attention which gives me cause to believe that in any material respect:

  1. The accounts have not been properly prepared in accordance with section 130 of the Charities Act 2011 ;

  2. The accounts do not agree with the underlying accounting records.

  3. The charity has not fulfilled its responsibilities under the Act regarding the maintenance of adequate accounting records.

During the financial year, total donations received amounted to £44,806, with an additional £7,595 in other income , compared to £33,828 in the previous year. This increase was primarily due to a one-off donation of £18,000 and £6,500 in building fund received during the year.

Expenditure on charitable activities totalled £10,278 , down from £22,191 in the previous year, reflecting the charity’s ongoing commitment to delivering its objectives.

The Old Rectory, Northfleet, Gravesend, Kent, DA11 8HN

+44 (0) 33 3335 5939 Info@aoaaccountingservices.com

Independently Examined by:-

Alison Hopkins (ACCA) AOA Accounting Services Ltd Date: 30/12/2025