## **SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)**
(CHARITY NUMBER 270261)
**REPORT AND ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024**
**BAILEY PHILLIPS Chartered Accountants** Hatton House Church Lane Cheshunt Hertfordshire EN8 0DW
## **SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)**
**INDEX TO THE REPORT AND ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024**
|Page|1|||Report of the trustees|
|---|---|---|---|---|
||2|||Independent examiner's report|
||3|-|4|Receipts and payments account|
||5|||Statement of assets and liabilities|
||6|||Notes to the accounts|
## **SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024**
## **REFERENCE AND ADMINISTRATION**
The Shiloh Pentecostal Church (Dalston Branch) is registered with the Charity Commissioners (number 270261) and constituted by a Deed of Trust dated 22 July 1968. The principal place of business is Shiloh Pentecostal Church, Ashwin Street, Dalston, London E8 3DL.
The society is administered by charity trustees comprising:
Chairman - Mr Augustus Woodley Treasurer - Mr Alva Semper Other members - Mrs Judy Greenanway
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The society is constituted and governed by a Deed of Trust dated 22 July 1968 and trustees are appointed or reappointed annually at the Annual General Meeting.
## **OBJECTIVES AND ACTIVITIES**
The objectives of the Shiloh Pentecostal Church, Dalston, are the furtherance of the gospel of Jesus Christ and to provide a place of worship and spiritual guidance to the community.
## **ACHIEVEMENTS AND PERFORMANCE**
Shiloh Pentecostal Church (Dalston Branch) continues to be a place of worship in the community under the leadership of a Pastor and Assistant Pastor.
The church supports a number of overseas churches in India, Indonesia and Uganda through its missionary grant fund. Grants are made on a regular basis to overseas missionary outreach work. Support is given to a number of overseas orphanages in India, Indonesia and Uganda. This year grants of £7,100 (2023: £7,800) were awarded.
## **FINANCIAL REVIEW**
The society only has unrestricted funds and there is no particular policy on reserves. The reserves are used towards the maintenance of the properties (vicarage and church buildings) and to provide sufficient funds to cover Pastors' salaries and administrative costs for twenty-four months. The principal funding sources are church offerings and rent received.
The trustees declare that they have approved the trustees' report above.
Signed on behalf of the society's trustees:
A Semper ......................... Treasurer Date: 22 July 2024
1
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SHILOH**
## **PENTECOSTAL CHURCH (DALSTON BRANCH)**
We report on the accounts of the Trust for the year ended 5 April 2024 which are set out on pages 3 to 6.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is our responsibility to:
- examine the accounts under section 145 of the Charities Act;
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
- state whether particular matters have come to our attention.
## **Basis of independent examiner's report**
Our examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with our examination, no matter has come to our attention:
- (1) which gives us reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Bailey Phillips Chartered Accountants Hatton House Church Lane Cheshunt Hertfordshire EN8 0DW
Date: 22 July 2024
2
## **SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)**
## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024**
|**UNRESTRICTED FUNDS**
**RECEIPTS**
Church offerings
Missionary collections
Tax rebates on gift aid income
Bank interest received
Rent received
**Total receipts for the year**
**PAYMENTS**
**Administration**
Salaries and employer's national insurance
Lighting and heating
Telephone
Water rates
Church insurance
Accountancy fees
Repairs and maintenance of church
Printing, postage, stationery and supplies
Water dispenser rental charges
Pension fund contributions
Sundry expenses
Bank charges
**Activities**
Costs of rented property
Coach hire|2024
£
68,689
300
9,335
1,522
21,600
101,446
20,725
10,851
671
218
3,342
1,900
36,030
0
497
4,000
375
275
78,884
1,146
1,195
2,341|2023
£
62,053
300
9,723
275
21,150|
|---|---|---|
|||93,501|
|||19,473
6,820
616
213
2,882
1,900
28,023
433
0
4,000
434
325|
|||65,119|
|||526
2,295|
|||2,821|
3
## **SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)**
## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024**
|**UNRESTRICTED FUNDS**
**PAYMENTS (continued)**
**Donations and loans**
Tithes to Shiloh of Great Britain
Missionary grants
**Payments for fixed assets**
Equipment
**Total payments for the year**
**NET RECEIPTS (PAYMENTS) FOR THE YEAR**
**CASH FUNDS AT 6 APRIL 2023**
**CASH FUNDS AT 5 APRIL 2024**|2024
£
6,015
7,100
13,115
7,008
101,348
98
213,185
213,283|2023
£
7,246
7,800|
|---|---|---|
|||15,046|
|||1,045|
|||84,031|
|||9,470
203,715|
|||213,185|
4
## **SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)**
## **STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 5 APRIL 2024**
|2024
£
**FIXED ASSETS**
Freehold church - Ashwin Street, London E8 3DL at trustees' valuation
143,000
Freehold vicarage - 39 Walford Road, London N16 8EF at trustees' valuation
80,000
Furniture, fixtures, fittings and musical instruments at cost
43,035
Church lift at cost
63,528
329,563
**CURRENT ASSETS**
Sundry debtors
15,267
Cash at bank
213,283
228,550
**CURRENT LIABILITIES**
Creditors falling due within one year
-3,540
**TOTAL NET ASSETS**
554,573|2023
£
143,000
80,000
40,345
63,528|
|---|---|
||326,873|
||17,015
213,185|
||230,200|
||-9,578|
||547,495|
These accounts were approved by the Management Committee on 22 July 2024 and signed on its behalf by:
A Woodley A Semper ........................... ........................... Chairman Treasurer
5
## **SHILOH PENTECOSTAL CHURCH (DALSTON BRANCH)**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024**
## **Basis of preparation of accounts**
These accounts have been prepared on the receipts and payments basis.
## **Fixed assets**
The freehold church at Ashwin Street, London E8 3DL has an insured value of £3,517,154. The freehold vicarage at 39 Walford Road, London N16 8EF has an insured value of £466,208.
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