Company registration nurnber- 13656523 Charity registration nurnber.. 1204040 NEW GLORY MINISTRY TRVSTEES. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ocfoBER 2025 Finsbury Robinson Ltrf 237 Westcombe Hill London SE3 7DW
New Glory Ministry Contents Page Reference and Administrdtive Detsils Trustees, Report Independent Exatniner's Report Statement of Financial Activit linduding Income and ExFenditure Account) statement of Flnanclal POSSon Notes to the Finoncial Ststement5 7-10 The following pages do not form part of the statutory accounts: Detailed Ststement of Flnanclal Actlvitles Ilncwlng Income and Expendlture Accounti
New Glory Ministry Reference and Administrative Details For The Year Ended 31 October 2025 Trustees Mi55 F D Kolawo Mr5 M E Myrie (appointed 01101120251 Mi55 S F MyriÈ-Smith Charlty Number 1204040 Company Number 13656523 Reglstered Orn¢e 12 Bndge Cb5e Romford RM7 OAU Independent Examlner Gemma Fogarty Finsbury RObirOn Ltd 237 Westcombe Hill London SE3 7DW Bank•rA Barclays Bank I Churchill Place London E14 5HP Page I
New Glory Ministry Company No. 13656523 Trustees. Report For The Year Ended 31 October 2025 The trustees present their report and the financial statements for the year ended 31 Iktober 2025. Objertlves and Artivities Alms and Objectlves To advance the Chrlstlan faith for the benefit of the public thmughout ENJland & Wales by provlding facilities for Christlan orshlp and fello¥Yshlp, prayer. religious education. Christian beliets and prattices. outreach and pastoral care for the local communlty. The chaty has adopted the followlng strategles for achlevlng the above oblethves.. Provision of Weekly Church Servi5 to minister to the phy5icoI, spiritual and material needs of the congregants. Provision of services to individuals. families and community at lar9e. The service includes a wide ran9e of spiritual and soclal care. Provislon of spiritual, physScal and emotional support. homelhospltsl vislts to the sSck as well as cleanlng and clearlng services to those In need Iskklelderlyl. Supporting other charities. Offering our 5ervice5 to anyone ITh need of spintual help through free pastoral guidance aThd prayer support on the basis of our ability to provide appropriate hdp and regardles5 of race, colour. nationality. religion, gender. age, legal Status and per5onol history. The Board ol Trustees confirm that they have met their duties in strict compliance with the provislons of the Charities Act 2011, and have due regards to the Charity Commission's general guidance on public benefit. Particular conslderatlon has been glven to the Charlty Commlsslon's supplementary publlc gUIdan provislons on the advancement of rellglon for publSc beneflt. A¢hlev•ments Jnd Performance Moln Achl•vem•nts During the year, the charity's programmes and artivities were effectively planned, dellvered and evaluated to ensure they continued to meet the needs cf beneficianes and provide meaningful impact. The ChatY undertook several outreach visits to vulThernble individuals, including eldedy and disabled members of the communlty. Suppcrt provided Included assistsnce with household cleaning and trnnsportation to supermarkets and other e5sentlal appointrnents for those who were unable to trnvel independendy. In addltlon to practlcal support, the chadty contSnued to address the physlcal. ernotional, mental and splrltual wellbeing of both existing and new mernbers through regular pastoral care, guidance and cornmunity engagement. The charity a150 oryanised day trips and educational excur5ion5 for young people, providing opportunities for recreation, social Interaction and personal development. Feedback and testimonials recelved from benefioanes were overwhelmingly positive and encouraging. Thls Is refiected In the charity's steadily growing rnembe¥ship and contsnued engagernent from the wider community. Fln•n¢i•l Revi Flnanclal Posltlon The ChatY was able to ralse a total Income of £46.883 12023124.. £57.2431. Due to expend of £50,143 12023124.. £61,737) thls resulted in a deftcit of £3.26012023124'. £4.4941 for the year. Reserves Pollcy It 15 the policy of the charity to m6int6in unre5tnrted fut5 which are the free reserves of the charity at a level which equ4te5 t0 4t least I rnonth of unre5trirte(l expendrture. Thi5 provide5 5uffioent fut5 to cover rn4n4getnent and adrnini5tration costs and to respond to ernergencies which rnay anse frorn tirne to titne. The trustees have Set thi5 as a target and are ¥Yorking towards thi5 position to meet its financial obligation5. fund its atbvities and continuÈ to grow. Page 2
New Glory Ministry Trustees. Report (continued) For The Year Ended 31 October 2025 Golng Concem The trustees have reviewed the charity'5 fi[n[la1 posltion and are satisfied that the charity ha5 adequate resources to continue operating for the foreseeable futuve. The finantial statements have thereftsrÈ been prepared on a 9olng concern basis. Rlsk Management The trustee5 regularfy review the printipal risks Pdting the charity. InddIng finantial sustainability. safeguardlng, health and safety ènd compliance svith charity and company law. Appropriate procedures and controls a in place to mltigate these risks. structure Govemante and Managemeblt Governlng Document The Charitable company is constitrjted as a private compony limrted by guarantee and also governed by a Mernorandum and Articles of Association. Trustee Selectlon Methods Trustees are èppointed by the Board of Trustees as and 4¥hert requ1. having to the skllls. experlence and commltment needed to supw)rt the charity's objectives. Trustees a apw*inted by Invltatlon a$ at when qUIred and dependlng on their expertise and reqUirnents of the charity- There a no new trustees appointed during the year. All trustees give their bme volufitsrily ano receive no beneflts from rhe chariry. Due to the narure ol Charity work. truMees appointed have been selecied on the basls of their faith. srrength of charatter, skllls set in the area of bvsiness managemenr and growth and commitment to the vision of the charity. Small Company Rul•s Thls report has been prepared In accordance with the Special provisions relating to companles $ublert to the small companles reglme within Part 15 of the Companies Art 2006. The trustees. report was approved by the boaro of trustees a1 si9neO on its behjlf by.. Ml$s S F Myrie-smith Trustee 30th June 2026 Page 3
New Glory Ministry Independent Examiner's Report to the Trustees of New Glory Ministry For The Year Ended 31 October 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2025. Responsibilities and Basis of Report As the tharity trustees of the Compèny land also its directors for the purp)ses tsf company lèv41. you are responslble for the preparatSon of the accounts In attordance with the Teouirements of the Companies Att 20061-the 2006 Act-l. Having satisfied tnyself that the accounts of the Cotnpany are not requireil to be audited under Part 16 of the 2006 Art and are eligible for independent examination. I report in respert of my examination of your charity's accounts ès cèrried out under sectlon 145 of the Charities Act 2011 I'the 2011 Art'l. Jn carrying out my examination I have follosyed the Dirertions glven by the Charlty Commlsslon under sectlon 145151 Ibl or the 2011 Att. Independent Examln•r's Statement I have completed my examinatyon. I confirm that no motters have come to my attention in connection with the examination giving rne cause to believe.. l. accounting records ¥Yere not kept in respett of the Company as wuired by sertion 386 OF the 2006 Att,. or 2. the accounts do not accord with those records., or 3. the accounts do not comply with the accounting reQuirnents of section 396 of the 2006 Act other than ony requirement that the accounts give a ,tn and fair view. which is not a matter considered as part of an Independent examination.. or 4. the accounts have not been prepa In accordarKe with the rnethods and principle5 of the Staternent of Recommended Practice for accounting and rew*rtbng by charities applicable to charities preparing their accounts In accordance with the Financial RetX)rting Standard applicable in the UK and Republic of Ireland IFRS 1021- I have no concerns and have come across other matters In conThecbon with the eMaminatioTh to whlch attention should be drawn in thls report In order to enable a proper uThJerstonding of the accounts to be reached. Gemma Foga 3rd July 2026 237 Westcombe Hlll London SE3 7DW FCA SAIFknBI Page 4
New Glory Ministry ststement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 October 2025 2025 2024 Unrestricted Unrestricted funds funds Notes INCOME AND ENDOWMENTS FROM: Donatyons and legacie5 Investrnents 46.881 57,242 46,883 57,243 EXPENDITURE ON: Charitable acrivifies.. Religious attivities 150.143 1 161,737 1 NET ExpeNDITURE 13,2601 14,494 1 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 13.260 1 14,494 1 6.532 11,026 TOTAL FUNDS CARIUED FORWARD 12 3,272 6,532 The note5 on page5 7 to 10 form part of these financial statements. Page 5
New Glory Ministry statement of Financial Position As At 31 October 2025 2025 2024 Unrestrirted tunds Total funds Notes FIXED ASSETS Tangible Assets io 3.324 6,649 3,324 6,649 CURRENT ASSETS Cash at bank and in hand 1,216 996 1.216 996 Credltors: Amounts Falllng Du¢ Wlthln One Y¢•r li 11,268 1 11,113 1 NET CURRENT ASSETS ILIA8111TIESI 152 1 1117 1 TOTAL ASSETS LESS CURRENT iIABILITIES 3.272 6,532 NET AsseTS 3,272 6,532 FUNDS OF THE CHA unStrICted Funds 3,272 6,532 TOTAL FUNDS 12 3.272 6,532 For the year endlng 31 october 2025 the chadtable company was entmed to exemptlon from audlt under sectlon 477 of the Companies Act 2006 relating to small companies. The members have not reqUId the company to ol)tain an aydit in accordance with settion 476 of the Companies Acr 2006. The trustees acknowledge their re5ponsibilitle5 for complying wrth the reoulrements of the Art with respect to accountlng records and the preparation of aecounts. These occcunts have been prepared in accordance with the provision5 appllcable to companies subject to the srnall cornpanies reglrne. On behalf of the board M155 S F Myrie-srnith Trustee 30th June 2026 The notes on pages 7 to 10 form part of these financial staternents. Page 6
New Glory Ministry Notes to the Financial Statements For The Year Ended 31 October 2025 General Inforniation New Glory Ministry is a company limited by guarnntee. incorpoRted tn England & Wales, registered number 13656523 and registered chanty number 1204040 . The registered is 12 Bridge C105e, Romford, RM7 OAU. Accountlng Pollcles Basls of Preparatlon of Fln•nclal St•temtnts The financial 5tstetnents have been prepared in accordance with the Chantie5 SORP IFRS 1021 Accounting and Reporting by Charities.. Statetnent of Recotnmended Prartice applicable to charitie5 preparing their accounts in ètcordènce with the Finantial Reporting Standard applitèble in UK and Republit of Ireland IFRS ID21 leffertlve I January 20191 Finèntial Reporting Standard 102 Financial Rew>rting Standard applicable in the UK and Republlc of Ireland" and the Companies Act 2006. The tharltable campany is a Public Benefit Entity as defined by FRS 102. Incomlny RertS Unrestricted funds are available for use at the discretion of the tnjstees in fijrtherance of the general objecthves of the charity. Restmcted funds are subjetted to restrictions on their expenditufe imposed by the dorvx. Tanglble Flxed Assets and Oepreclatlon Tangible fixed assets are measured at cost les5 accumulated depreclotioTh and any accufflulated lrnpalrrnent losses. Depreciation 15 provi(Jed at rates calculated to V4rite off the eost of the fixed assets, less their estimated residual value, over their expected useful live5 on the following bJses- Plant & machinery Flxtures & Flttin9S 25% 25% Cash and Calh Equlvalents Cash ond cash equivalents are basic financial assets afid intlude ca$h in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than thrte months fmm the date of acquisition and are readlly convertlble to a known amount of cash with Insignificant nsk of change In value, and bank overdrafts. Income from Don•tbons •nd Leg•¢les 2025 2024 UnrestrlLted Vnrestrlcted fvndl fund Donations and glfts 46,881 57,242 Investment Income 2025 2024 Unrestrlcted Vnrestrlcted funds fund5 Bank interest receivable Net IncomellExpenditure) The net expenditure is stated after charyingllcreditingl.. 2025 2024 Depreciation of tsngible fixed as5ets- owned 3,325 3,325 Page 7
New Glory Ministry Notes to the Financial Statements (continued) For The Year Ended 31 October 2025 AnJly515 of expenditure 2025 ArtlvltSes undettsken dlrect Support costs Isee note 7 1 Total Religious octivities 15,082 35,061 50,143 2024 Activitie5 undertaken dlrÈetty Support Costs (see note 7 1 Totsl Rellgious activitles 19.623 42,114 61,737 Support Co*ts 2025 Rellglous ctlvltle$ Employee costs Premises expenses General administratlon Depreclation 449 28,724 2,563 3,325 35,061 2024 Rell9lou# actlvltles Employee costs Premlses expenses General administration 3,107 31,884 3,798 3,325 Depreclatlon 42,114 Independent Examlner's Remuneratlon 2025 2024 Independent exarnination of the finanual ststements 1,200 1,080 Average Number ol Employees Average number of employees during the year wès.. NIL {2024.. NIL) Page 8
New Glory Ministry Notes to the Financial Statements (continued) For The Year Ended 31 October 2025 10. Tongible AsKts Plant & Machinery Fixtures & Pittings Total Cost A5 at l Novernber 2024 3.267 10,032 13,299 A5 at 31 Ortober 2025 3,267 10,032 13,299 D¢pre¢l•tlon A5 at l Novernber 2024 Provided during the period 1,634 817 5,016 2,508 6,650 3,325 As at 31 October 2025 2,451 7,524 9,975 Net Book V•lue A5 at 31 October 2025 816 2,508 3,324 As at l Ncvernber 2024 1,633 5,016 6,649 11. Credltors: Amounts F•llln# Due Wlthln One Ye•r 2025 2024 Accrua15 and deferred income 1,268 1,113 12. Mov¢ment In Fund• Asati November 2024 Asat31 October 2025 Incom• Expendltur• Unrestrfrted fund• General.. General unrestricted fund 6.532 46,883 150,143 1 3,272 Total funds 6.532 46,883 150,143 1 3,272 Asati November Asat31 October 2024 2023 Incon Expendlture Unrestrfeted funds General.. General unrestrirte(J funtl 11,026 57,243 161,737 1 6,532 Total funtls 11.026 57,243 161.737 1 6,532 13. Transactions with Trustees None of the trustÈÉs receiveé any remunewation or any other beneffts from an employment wth the charty or a related entity during the current or previous year. Page 9
New Glory Ministry Notes to the Financial Statements (continued) For The Year Ended 31 October 2025 No trustee expenses have been incurred. 14. Related Party Disdosures There have been no relèted party transacti¢)ns in the )rtIng perithl that requirÈ disck)sure. 15. Company limited by guarantee The company Is limlted by guarantee and has no share capital. Every mernber of the cornpany undertake5 to contribute to the assets of the company. in the event of a winding up. such an amount as may be required not exceeding £1. Page 10
New Glory Ministry Detailed Ststernent of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 October 2025 2025 2024 Total funds Total funds INCOME AND EP400WMEP4TS FROM: Donatlons and legacles Donations and gifts 46,881 57,242 46,881 57,242 Investments Bank interest receivable 46,883 57,243 EXPENDITURE ON: Charltable Actl¥ltl•s: Rellglous •¢tlvltle• Direct Project Costs Health and safety costs Travel and subslstence exper Rent Llght ènd heat Repalrs and rnalntenance Cleaning Equipment Expense5 Computer software costs Prlntlngi Postage and stationery Advertlslng and rnarketlng costs Telephone and Jnternet costs Independent exarniner's fees Flling fees Bank charges Depreciation of plant and machinery Depreclatlon of fixtures and flttlngs 115,0821 119,6231 14741 12,6331 128,8001 11,8301 17501 15041 11,3671 12571 11911 11091 16401 11,0801 1341 11201 18171 12,5081 14491 127,1501 11,0481 15261 1861 11761 19651 11,2001 1341 11021 18171 12,5081 150.1431 161,7371 150,1431 161,7371 NET EXPENDrruRE 13.2601 14,4941 Page 11