RANSOM CHURCH OF GOD UNIVERSAL FELIA)WSHIP REPORT OF THE TRUSTEKS AND FINANCIAL STATEMENTS YEAR Ef4DED 31ST MARCH 2025 Charity No: 275592
RANSOM CHURCH OF GOD UNIVERSAL FELLOWSHIP CHARITY INFORMATION YEAR ENDED 31ST MARCH 2025 Charity Regist]7tion Number.. 275592 Principal Offi¢¢'. 78 Albacore Crescent Lewisham, London SE13 7HP Trustecs: Owen Oliv¢r Douce Es4. (Bishop) Mrs. Ethel Dowdalah Douce (Secretary) Mrs. Veroni¢a MaTjorie Simpsort (Treasurer) Bankm.. National We$tminst¢r Bank plc. 504 Brixton Road Brixton. Londo SW9 8EB Independent Examiners: Leroy Reid & Co. Chartered Certified Accounthnts and Registered Audito 299 Northborough Road Norbury London SWI 6 4TR
RANSOM CHURCH OF GOD UNIVERSAL FELLOWSHJP INDEX TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 CONTENTS PAGE Trnsl¢¢s Rwrt Report of the Examiner Staternents of Financial Activities Balance Sheet Notes to Financial Statements
REPORT OF THE TRUSTEES TO THE MEMBERS OF RANSOM CHURCH OF GOD UNIVERSAL FELtA)WSHIP The trustees present their rep)rt and accounts for the yedr ended 31 st March 2025. Stat8 The church 15 8 registered charity and is governed by a constitution. Aetivltie$ The prin¢ipal activitie5 are that of promoting and spreading the gospel via ihe whole mission of the church, pastoral, evane[1511c, social and ecumenical. Trustees Thc tnistees named on the front sheet have served throughout the year. Trustees, R¢sponslbilities For The Financial St*tements The law requir¢s us the trustees to prepare financial statements for each year which give a Irue and fair view of the stale of affairs of the (Trrganisation and of ils surplus and dcfieit for that year. In Preparing the financial stateTnents we are required to- {a) select suithble accounting policie5 and apply them consistenily through the years. {b) make judgements and eslimate5 that are reasonable and prudent. (c) slatt wlictheT applicable acc(Junling standatth have bcen followed, subject to any material departUT¢S thal should [ di5LI(>s¢d and cxplained in (he financial statements. {d) prepare ihe finan¢ial st&temcnts on the going concern basis unles5 It is inappropriate lo pr¢sum¢ that ihe orgtnisaliom will continue in bushness. We are responsible for keeping proper accounling records. for Safeguarding the assets of the organisation and for taking Te8sonable steps for the preventhon and detection of fraud and other irrcgularities should they exist. Fixed Assets Delails of any changes in thc fixed a55ets are shown on the atthched a¢¢ounts.
REPORT OF THE TRUSTEES TO THE MEMBERS OF RAf4SOM CHURCH OF GOD UNIVERSAL FELLOWSHIP Independent ExAmlner8 t£roy Reid & Co. have indicated their willingne5S to serve as the examiners and a resolution re-appointin8 them will be proposed at the annual general meeting. y Order Of The Bo4rd Secretary 9025-
REPORTS OF THE EXAMINERS TO THE MEMBERS OF RANSOM CHURCH OF GOD UNIVERSAL FELLOWSHIP We rewrt on the financial statements of the charity for the year end 31 st March 2025, which arc set out on pages 4 to 8. Resp¢ctlve ReSnSibIlIt¢S of Trustees and ExaminerJ As the charity's tru8tees, you are responbile for the preparation of the ac¢ounls. You also consider that th¢ audit requirement of Section 14412) of the Charities Act 2011 Iihe 2011 Act) does not apply and that an independent examination is needed. Having satisfied ours¢lves that the rharity is nol subject to an audit and is eligible for independent examinatio, il 15 our responsibility to.. (il exaininc the aceounts under section 145 of the 2011 Act. (li) to follow the procedur¢s laid down in the general Directions given by the Charily Commissios) und¢r section 145(51(b) of the 2011 Act- and (iii) to state whether particular matters have come to our &ttention. Basis of Independent Examlner's Report Our Cxarnination was carried out in accordance with the Gelleral Directions given by the Charity Commissioners. An examination in¢ludes a review of the accoiinting rccords kept by the charity and a COTnparison ofthe a¢wunts present¢d with those rccords. li also includ¢s consideration of any unusual il¢tll5 or disclosures in the accounts, and seeking explanations froTn you as Irustees concerning any such matters. The procedures undertaken do not provide all the evidence that would required in an audit, and consequ¢ntly no opinion is given a5 to whethcr the aeeounts prcsent a'true and fair view, and the r¢p)rt is limit¢d to those matters s¢t (trut in thc siatement below. Independent Examiner's Statement In conne¢tion with our examination, no matter has come to our attcnlion.. (l } Which give us rcasonxble causc to bclieve that in any material respect th¢ requirern¢nts'. - To keep uceounting rOrdS in accordance with Section 130 of the Act,. and - To prepare accounLs which accord with th¢ accounting r¢¢ords and To comply with th¢ accounting requirements of the 2011 Act have not b¢¢n met. or 12) To whi¢h, in our opiDion, attention should be drawn in order to enable a proper understanding to bc reached. LEROY REID & CO CHARTERED CERTIFIED ACCOUNTANTS AND REGIS'I'ERED AUDITORS 299 Northborough Road Norbury tA)ndon SW16 4TR
RANSOM CHURCH OFCOD UNIVERSAL FELLOWSHIP STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST MARCH 2025 INCOMING RESOURCES Notes Restricted Unrestri¢tsd 2025 2024 Church income Gift aid Interest rweived l{b) l{b) l(b) 60,179 14.495 60,179 14,495 52,857 15,315 Total incoming resources RESOURCES EXPENDED Direct church expenditure Net movement in funds Nil 71.957 71,957 68,865 Funds brought forward 391231 1411493 1342628 Funds carried fonvard £20 262 £1.463 188 £1483 450 £1411493 There were no rccognised gains or lo¢5 Other than those passing through the Statement of Financial Activiti¢s. The accompanying notes fomi an integrnl part ofthe accounts.
RAN8OM CHURCH OF GOD UNIVERSAL FELLOWSHIP BALANCE SHEET AS AT THE 31ST MARCH 2025 NOTES 2025 2024 FIXED ASSETS 414 881 414881 CURRENT ASSETS Debtors and prepayinents Cash and bank balances 293 1069.514 1,069.514 997,512 CURRF.NT LIABILITIES Cr¢ditors and accruals 945 900 NET CURRENT ASSETS (LIABILITIES) 1068 569 NET AssFrs £1483450 £1411493 FUNDS Restricted fund Unrestri¢t¢d fund 20,262 20,262 4C)i 188 1391231 £148i450 £1411493 Approved by the Church Committee and signed on it5 bchalf by- Date...... M¢Tnber of the Chuwh Committee.... Date.... The accomwanying notes form an iniegral part of the arxounts.
RANSOM CHURCH OF GOD UNIVERSAL FELLOWSHIP NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 I ACCOUNTING POLICIES (a) Aceounting Convention The financial statements are prepared under the historical cost convention and in ac¢ordance with the Statement of Recommended Praclice.. Ac¢ounling and Reporting by Charities preparing iheir account8 in accordance with th¢ Financial Reporting Standard applicable in the UK and Republi¢ of Ir¢land (Chariti SORP FRS102 and charit1¢5 Act 2011). Ransom Church of G(d Universal Fellowship constitutes a public entity a5 defined by FRS 102. (bl Income and Expense8 Income and exttnses are recorded on the cash basis wilh the exceplion of audit fecs which are recorded on the accrual basis. {c) DeprlatiO Motor vehicles, fumiture. fixlures. fitting5 and equipment are depreciated on the straight line b&sis which is estimated to write off the cost of the assets oyer a period of five years. (dl Fund Accounting Grants and similar income which aft Subjected to restrictions by the donors are shown as r¢stricted fund and any expcnditure incurred will be offset against this fund. All other income and expenditure is shown as unrestricted fund.
RANSOM CHURCH OF GOD UNIVERSAL FELLOWSHIP NOTES TO FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST MARCH 2025 3 DIRECT CHURCH EXPENSES 2025 2024 Light and heat Insuranee Pnstage, station¢ry, printing and telephone Re]r5, Inaintenan¢e and cltrdning Ac¢ounlancy fees Donations, gifts and offering Subscription and publications Deprwialion Conferences and meetings exp¢n5¢5 2,754 1.697 1,702 7.551 945 1,851 337 4.702 ,208 635 4.323 900 1,413 413 950 Total expenditure £17787 £13594 Land & Furniture Buildi s &Fittin 4 FIXED ASSETS Totalq COST OR VALUATION Opening balance 414.880 31.672 446.552 Disp)sal during the year Closing balance 414 880 446 31672 52 ACCUMULATED DEPRECIATION Opening balanc£ 31,671 31,671 Charge for the year Closing balance NET BOOK VALUE asat31.03.25 £414 880 £1 414 881 asal il.03.24 £414880 £1 £414 881
RANSOM CHURCH OF GOD UJYIVERSAL FELWWSHIP NOTES TO FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST MARCH 2025 5 Debtors and prep&yments 2025 2024 Other debtor £Nil £295 6 CRFDITORS AND ACCRUAts 2025 Other creditors £945 £900 7 FUNDS Unrestricted Restricted Funds Funds Totals Funds Opening balance Excess of incom¢ over expenditure for the year l.i91,231 20.262 1.411,493 Closing balance £146J 188 £20 262 £148J 450 R¢stricted funds represent various donations from ]neMbe plfICallY set aside towards the maintenance of the building. 8 ANALYSIS OF NET ASSETS BETWEEN FUNDS Re ¢rl¢ted Unreslrlcted 2025 2024 Tangible fixed assets Net current assets/(liabiliti¢s) Nil 414,881 97 414.881 1068 569 414,881 996612 £20 262 £13912Jl £148i450 £1411493
RANSOM CHURCH OF GOD UNIVERSAL FELLOWSHIP DETAILED INCOME AND EXPENDITURE ACCOUNT YEAR ENDED JIST MARCH 2025 INCOMING RESOURCES 2025 20 Church income Gift aid Interest received 60,179 14,495 070 52,857 15,315 RESOURCES EXPENDED Light and heat Insurance Poslage, stationery, printing and tclephone R¢pairs, maintenance and cleaning Accountan¢y fees Donations? gifts and offering Subscription and publications Conference5 and meetings expenses 2,754 1.697 1,702 7.551 945 1.851 337 4.702 1.208 635 4,323 900 1,413 413 Total ¢xpenditure 13 Net incoming (outgoing) after depreciation Net movement in funds £71957 £68 865