GOSPEL BELIEVERS
ASSEMBLY
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
CHARITY NUMBER:1198410
(?OSPLL.BELEIVEfiS AaSEMEJLY
4 AIKIN VILLAS
B4RBAULD ROAD
LONDQN

TRU5fiES' REpoKr
YEAR ENDED 3151 DECEMBER 2025
The tru>lèèi aft pleasèd Io Piesent their reporl Ibt the yeaf 31ql Dètember 2025 for thè tliarlty
GOSPEL BELIEVERS ASSEMBLY with charity number 1198410.
The Trustees of the charity are:
Rev Daniel Kwaku Brock
Bennet Adu Dapaah
Phyllis Adarku Quaye
The principal address of the charity Is:
4 Aikin Vi13s
Barbauld Road
London
N16 ORT
STRucfuRE, GOVERNANCE AND MANAGEMENT
The Charity governing document is a CIO- Foundation Constitution registered 28 March 2022. The
Charitv il Èovernèd by a board on which the trustees are represented. It mèets réÉuiarly to révié'w,
plan activities and monitor the financial position.
OBJEcfivES AND ACTIVITIES
The Objects of the organization are first to advance the Christian faith in accordance with the
statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as
the trustees may think fit from time to time. 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 Organization continues to hold successful worship services througli the year in which
individu8ls were equipped and educated on the principles and doctrines of the Christian faith.
The organization has returned to in person regular worship services during the year in which
fndlvidualÈ camè ftom all around thè tommunltyto attend. Thls has produced good results In
reaching and helping members ofthe community.

FINANCIAL REVIEW
The Income of the charity is £22,524. Thi5 is a lair amourit for this ye3r of the charity the
been well managed over this period. The or8anliation Is stlll In 3 good position to manage its co
The main cost of the organ12ation was for hiring hall for warshlp seNiC
have
RESERVE POLICY
It is the policy of the Charity to maintaln unrestrtcted funds, which are the reserves of the charity at
about 3 months of unrestricted expenditure. This provides sufficient funds to cover any emergency
expenditure that may arise from tlme to tlme. The charity will seek to maintaln this level throughout
the year.
RISK MANAGEMENT
The charity has assessed all the major risks which the charity is exposed to, in particular tho.se
related to operations and finances of the charity and are satisfied that systems are in place to
rnit￿ate exposure to major risks.
TRUSTEE RESPONSIBILITES
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 chvrch. They are required to:
l. Select suit3ble 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
n 1st July 2026 an
igned on th
half by:
REV. DANIEL BROCK
GOSPEL BELIEVERS ASSEMBLY
4 AIKIN VILLAS
BARBAULD ROAD
LONDON
N16 ORT

GOSPEL BELIEVERS ASSEMBLY
NOTES TO THE ACCOUNTS- 31ST DECEMBER 2025
3. RESOURCES EXPENDED
2025
2024
Total
Management
& Admln
Tot21
234
300
200
207
6,008
3,358
226
2,136
3,746
1,010
230
165
300
538
18,659
110
165
199
172
6,375
731
231
149
1,831
2,114
171
234
300
200
207
6,008
3,358
226
2,136
3,746
1,010
230
165
300
538
18,659
Pnnting
Rates
Professional Fees
Repairs
Hall Hire
Travel
Software
Refreshment
Supplies
Missions
Books and Periodicals
Welfare
Charity Donations
Depreciation
856
13,104
Other Expenditure
Equipment
Instruments
Hire of Equipment
2,721
2,721
15,825
Total Payments
18,659
958
Net Movement in Funds
3,864
Balance Brought Forward
4,248
2,731
Transfers
Balance Carrfed Forward
8,112
4,248

-"aPEL BELIEVERS ASSEMBLY
2 INCOWNG RESOURCES
2025 2C-
iotsi
i oral
General Fun"
-_he & OfferiTrJ
22,524
22.524 14,867
Ill Aid Rewts
a524
22,52a 1"
22.524
21524 14867

GOSPEL BELIEVERS ASSEMBLY
BALANCE SHEET AS AT 31ST DECEMEBER 2025
2025
2024
Note
Non-monetary Assets and Llabllltes
Musical InstnJments
Equipments
155
1,998
2,153
194
2,497
2,691
Current Assets
Cash at hand and in bank
6,160
1,773
6,160
1,773
Credltors: Amount falling due within 1 year
200
216
Net Current Assets
5,960
1,557
Net Assets
8,112
4,248
Funds
General
8,112
4,248
8,112
4,248
Approved by the board Council on
And signed on Its behalf by
REV. DANIEL BROCK
GOSPEL BELIEVERS ASSEMBLY
4 AIKIN VILLAS
BARBAULD ROAD
LONDON
N16 ORT
Rev Daniel Kwak
Pastor i
rock

GOSPEL BELIEVERS ASSEMBLY
NOTES TO THE ACCOUNTS - 31ST DECEMBER 2025
4: FIXED ASSETS
uslcal
nstruments
Total
Cost
Additions
Disposal
Balance as at 31st December 2025
2,497
194
2,691
2,497
194
2,691
DepreciationlRate
As at 1st January, 2025
Charge for the year
Balance as at 31 st December 2025
499
499
39
39
538
538
Net Book Value
As at 1st January 2025
As at 31 st December 2025
2,497
1,998
194
155
2,691
2,153
5. Bank & Cash Balances
2025
2024
Bank
6.160
6,160
1,773
1,773

GOSPEL BELIEVERS ASSEMBLY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2025
ACCOUNTING POLICIES
Baslc of Accountfing
Th•sé arcounts have been prepared on the receipts and payments basis with all revenue and
expenses shown on a (Jsh basis. Non-monetary assets are shown at ests'mates of the value at the
end of Ehe year.
Funds
The ao lias d gpner31 unrestricted fund that recelves voluntary donations from
atlriiddnl5 at the serviLes.
The Cl(J has no oulsl(JniJin8 8UiJfantees to third partr'es no debts secured on the
asots of the CIO
Publlc Benefft
The charity acknowledge3 Its requlrement to demonstrate clearly that it must have charitable
purpuses or aims Itiat arc for publlc beneflt. Details of Iiow this Is achieved are provided In the
Tfusteps rvpoit. The truslees confirm that they have paid due re8ard to the Charity Commission
8uiddfiLe oil pijljlic benelit befo￿ decldin8 wfriat activities Lhe charity should undertake
Depreclatlon
DepTeciJtinn Is Cdlculated at 20YD reduclng balance method