2025-07-31-accounts

Charity Registration Number .' 1205739 GHANAMMA PRESBYTERIAN CHURCH UK A CHARITABLE INCORPORATED ORGANISATION ICIOI TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IULY 2025

GHANAMMA PRESBYfERIAN CHURCH UK LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 JULY 2025 Trustees KwakLJ Am3ning Isaac Ossei Mavis Adu Charlotte Ohene janet Ossei Charity Number 1205739 Registered Office Flat A 210 Bow Common Lane London E3 4HH

GHANAMMA PRESBYfERIAN CHURCH UK CONTENTS FOR THE YEAR ENDED 31 JULY 2025 Trustees. Report statement of Financial Activities Balance Sheet Noles to the Financi31 Statements

GHANAMMA PRESBYfERIAN CHURCH UK TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 2025 The trustees present their annu31 report and financial statements for the year ended 31 july 2025. Trustè•'s Rèport for the Year Ended 31 July 2025 The Trustees of Ghanamma Presbyterian Church UK are pleased to present their annual report together with the fi"nanclal statements for the year ended 31 july 2025. Objectives and Activities The principal aim of Ghanamma Presbyterian Church UK is the advancement of the Christian faith in accordance with the doctrines and practices of the PresbyteriBn Church. Thi5 includes.. Providing meaningful opportunities for Chrisrian worship. teaching. and fellowship Extending pastoral care and 5UPPOrt within and beyond our congregation Promoting spiritual formation and discipleship Organising charitable and community-focused activities Encouraging mutu21 care. faith-sharing, and oUt￿aCh Key actlvltles durlng the year Included: Regular worship services and weekly prayer meetings Lay participation in preaching and ministry Outreach effort5. including home communion for mernber5 who cannot attend Church 5ervice5 due to illnes5 or infirmity strurturt. Govornanco. and Managèm•nt Ghanamma Presbyterian Church UK is governed by its Constitution, adopted on IS November 2023. The Constitution outlines the structu￿, governance framework, and charitable objectives of the Church. Trustee Appointment: Trustees are nominated from among the Church membership and elected by secret ballot during the Annual Church General Meeting. Trustees serve for a four-year term and may be re-elected for a further four-year period. Leadership and Oversight: The Board of Trustees hold5 overBII responsibility for governance and strategic direction. Operational management is delegated to the leadership team under the Board's oversight. Meetings: The Trustee5 meet monthly to di5CU55 govemance, operational matters, and strategic planning. Additional meetings are convened as necessary. Trustee Selectlon.. Appointments are guided by the need for relevant skills, spiritual maturity, and an active commitment to advancing the Church's mi55i0n. Rlsk Management The Trustees have undertaken 8 comprehensive review of the significant risks the charity faces particularly those relating to operations, fi'nance, and safeguarding. Mitigation mea5ure5 implemented during the year include.. Adoption ol financial controls and budget monitoring Insurance coverage to manage potential liabilities ProcedLJres to ensure safe and inclusive engagement in worship and activities These systems and measures provide ￿asonable assurance that risks are properly managed and reviewed regularly. Achlevements and Performance This year mark5 Ghanamma Presbyterian Church UK'S Second full year of ministry a year that demonstrated sustained growth in worship attendance, deepened community connections, and increased lay involvement. Significant developments during the year include.. New Financial R•porting Pèri•d:The Church changed its financial ￿porting year-end from 31 August to 31 july in order to ensure smoother administrative operations and alignment with other practical corisiderations. Page1of8

Adoptlon of Accountlng Software:The Church successfully implemented a new accounting software system, enhancing the reliability and accessibility of financial reporting and administration. The Church achieved the following notable milestones during the period.. Expanded Ecumenlcal Engagement: The Church registered wlth Churches Together in Clapham. an ecumenical body that fosters unity and collaboration among Chri5tiari churches in the Clapham area. This membership not only affirms our place within the wider Christian community but also provides opportunities for sha￿d worship. outreach initiatives. and ￿sOUrCe sharing. The Church is committed to participating actively in joint initiative5 that promote Christian unity and Serve the local community. Increased Congregatlonal Partlclpatlon: The year saw a marked increase in engagement from congregants, particularly in Sunday services where MO￿ members have contributed to preaching and other aspects of worship ministry. Thi5 development reflects ongoing spiritual growth and a deepening sense of shared responsibility among the Church family. Community Support through tho Robes Projéct: The Church has also completed registration to support the Robes Project in the upcoming year. This initiative, bBsed at our host venue St Peter'5 AnglicBn Church in Clapham, offery winter night shelter and hospitality for people experiencing homelessness. The Trustees are encouraged by the enthusiastic response to this partnership and view it as a vital expression of the Church's commitment to 50ci31 action and Christian compassion. The Trustees are heartened by the positive feedback from both congregants and community members, as well as by the steady increase in engagement acr055 various Church 3Ctivitie5. We look forward to building on thi5 momentum in the year ahead. Financial Review The fi.nancial statements for the period en(Jed 31 july 2025 reflect the activities of the charity. The charity's income primarily derived from offertorie5. monthly due5. donation5. fundrai51rig efforts. and contributioris from the congregation. The total income for the year amounted to £24.360. with total expenditu￿ of £17.693. resulting in a net surplus of £6,667. The Trustees are comrmitted to ensuring financial sustsinability and will continue to monitor income and expenditure closely. Reserves Policy The Trustees aim to maintain reserves equivalent to at least three months of operating costs to ensure the Church can meet it5 obligations continue it5 work during period5 of income fluctuation. A5 of 31 july 2025. ￿n￿striCted reserves stood at £21,521, exceeding the three-month operating cost target. After reviewing the financial position. the Trustees concluded that the Church has adequate ￿sOurceS to fulfil its objectives and operate 35 a going concem. They have also assessed potential risks and confirmed that no major risks currently threaten the charity. Plans for Future Periods The Trustees have set the following priorities for the coming year.. Outreach Expanslon: Deepen our outreach to vulnerably situated individuals in the local community Youth Engayement: Develop structured youth activities and ministries to engage younger members Discipltship and Fèllowship: Introduce regular Bible studie5. teaching sessions, and small group discipleship programs Membershlp Growth.. Focused evangelistic initiatives to expand Church membership Fundraising Initiatives: H05t events to 5UPPOrt ongoing ministry and charitable mis5iOn5 locally and abroad Trustees. Responslbllltles The Trustees are responsible for.. Complying with the Church's Constitution and charity law Ensuring the preparation of fi'nancial statefflents that offer a true and fair view of the Church'5 financial posltion and performance Maintaining accounting records adequate to explain transactions Safeguarding the Church's assets and ensuring they are used solely ill furtherance of charitable purposes Preventing and detecting fraud and ensuring sound financial governance The Trustees remain committed to upholding these responsibilities and ensuring the continued success of Ghanamma Presbyterian ChLJrch UK. Page2of8

Acknowledgements The Tmstees express their heartfelt gratitude to the Church leadership. cOng￿93t10n. volunteers. and all supporters who contribute time, prayer, and resources tOW3rds making Ghanamma Presbyterian Church LJK 3 beacon of hope and faith. Your continued dedication fuels our collective ministry. signed on behalf of the Trustees.. Mr Kwaku Amaning Trustee Date.. This report was approved by the trustees and signed on its behalf by.. Kwaku Amanlng Trustè• Date 31 October 2025 Page3of8

GHANAMMA PRESBYfERIAN CHURCH UK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025 Recommended categorles by artlvlty Notes Unrestrlcted funds Total Fund$ 2025 Total Funds 2024 Income and endowments from: Donations and legacies 24.151.94 24,151.94 20,625.20 Investments 207.80 207.80 70.12 Total 24,359.74 24.359.74 20.695.32 Expenditure on: Charitable activities 17.692.76 17.692.76 13.769.75 Total 17,692.76 17,692.76 13,769.75 Net income 6.666.98 6,666.98 6,925.57 Net movtmènt in funds 6,666.98 6.666.98 6.925.57 Reconclllatlon of funds: Total funds brought forward 14,854.25 14,854.25 7,928.68 Total funds carried forward 21.521.23 21.521.23 14.854.25 Page4of8

GHANAMMA PRESBYfERIAN CHURCH UK BALANCE SHEET FOR THE YEAR ENDED 31 JULY 2025 Recommended categories by actlvlty CUr￿nt asset5 Notes Unrestricted funds Total Funds 2025 Total Funds 2024 Debtors 505.05 505.05 Cash at bank and in hBnd 21.688.18 21.688.18 15.526.25 Total current assets 22.193.23 22.193.23 15.526.25 Creditors.. amounts falling due within one year Net current a55et5111iabilities} 672.00 672.00 672.00 21.521.23 21.521.23 14.854.25 Total net assets 21.521.23 21.521.23 14.854.25 Funds of the Charity Unrestricted funds 21,521.23 21,521.23 14,854.25 Restricted income funds Endowment funds Total funds 21.521.23 21.521.23 14.854.25 The fi.nancial statements were appmved by the trustees on 31 October 2025 and signed on its behalf by.. Kwaku Amanin9 Trustee Date 31 October 2025 Page5of8

GHANAMMA PRESBYfERIAN CHURCH UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 l. Accounting Policies The principal accounting policies adopted by the Charity. which Is a public benefit entity. in the preparation of the accounts are 3s follows. 1.1 Basis of preparation These account5 have been prepared under the historical cost convention. a5 modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These accounts have been prepared in accordance with 'Accounting and Reporting by Charitie5.' Statement of Recommended Practice applicable to charities preparing their 3CCOLJnts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 1021" (effective I january 20191- (Charities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. These accounts are presented iri pounds sterling rounded to the nearest pound. 1.2 Going concern The Trustee5 have prepared tinancial projectlOnS, taking into consideration the current economic conditlons and have, at the time of approving these accounts, a reasonable expectation that the charity has 3dequate resources to continue in operational existence lor the foreseeable future. Thus they continue to adopt the going concern basis of accounting in p￿PEn￿g the accounts. 1.3 Tax reclaims on donations and gifts Gift Aid ￿ceIVable is included in income when the￿ is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of th8t gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. 2. Income from Donations and Legacies Analysls Unrestrlcted funds Total funds 2025 Total funds 2024 Donation and gifts Gift Aid 50.00 3,567.24 3,567.24 Harvest 2,885.00 2,885.00 2,575.00 Monthly fees Offertory Thanksgivlng Welfare Fund 6.805.30 6.805.30 6.955.30 7,366.40 7,366.40 8,078.90 1,388.00 1.388.00 1,375.00 2,140.00 2,140.00 1,591.00 Total 24.151.94 24.151.94 20.625.20 3. Income from Investments Analysis Unrèstrittèd fund5 Total funds 2025 Total funds 2024 Interest income 207.80 207.80 70.12 Total 207.80 207.80 70.12 Page6of8

1. Expenditure on Charitable Activities Analysi5 Unrestricted fund5 Total funds 2025 Total fund5 2024 Ministers. Stipend and Catechist Expenses Church and Hall Hire 7,640.00 7.640.00 4,175.00 5.100.00 5.100.00 4.540.00 Musical Equipment Palm Crosses 287.97 9.60 9.60 9.30 Holy CoTnmunion Welfare Donations 45.00 45.00 180.16 1,993.32 1,993.32 1,480.00 Incidental Supplie5 Events and celebrations 74.60 74.60 159.50 685.98 685.98 1,094.39 Postage. printing and stationery Total 586.12 586.12 631.43 16.134.62 16.134.62 12.557.75 Support Costs 1,558.14 1,558.14 1,212.00 17.692.76 17.692.76 13.769.75
2. Support Costs Total funds 2025 Total funds 2024 Analysis Support Costs Governance Costs Accountants fees 1,558.14 1,212.00 1,558.14 1,212.00
3. Debtors: Amounts falling due within one year Total funds 2025 Trade debtors 505.05 Total 505.05
4. Cash at bank and in hand Total funds 2025 Total fund5 2024 Cash at bank and in hand 21.688.18 15,526.25 Total 21.688.18 15.526.25

5. Creditors: Amounts falling due within one year Total funds 2025 Total funds 2024 Accruals and deferred income 672.00 672.00 Total 672.00 672.00 Page7of8

6. Charity funds 9.1 Detalls of materlal funds held and movements durlng the CURRENT reportlng perlod Fund Fund balance5 brought balances carried forward forward Income Expenditure Transfers Gain5 and losses Fund names Unrestrlcted funds Unrestricted General Funds 7,928.68 7,928.68 14.854.25 14.854.25 9.2 Detai15 of material fund5 held and movements during the PREVIOUS reporting period Fund Fund balances bmught balances carried forward fr•rward Income Expenditure Transfers Gains and losses Fund names Unrestrlcted funds 7.928.68 20.695.32 13.769.75 14.854.25 Page8of8