Ilere Ilip rhtii A'ipep iht
C.IllNni¢iiid#teiil.i ijlciiirl 11[1
Ilie (uilli oj JiSll.i- Kei. 14.'J2
I,i.liTrr hrcilireii rt) rlwi.11 iiixeilitir
P.iuliii l.13..1
Mount Zion 7th Day Church of God
(U. K. International cOnfence)
IITr.AI)QIIARTTr.RS: 333a Svdenham R()4d, C.ri)}'di)n, Siirrev l.'Rn 2Tr'.1.. I'el l Tr"Ji' 1120 684 711$2
L'm#il: niiiunl•iiiii,'u l?Ii)
)i'nN'iTrrl(l.Liini
INT. PRI,:.4ilDF.N"I' & BISHI)11: 1:.%. I ILnr¥' l)ip. 'I'lILo. kl11-'1'.
INT.TRf,A.%IIRTr,11
YgTrur Il¢t':
1ThI- SF.C:IITr"I-AIII'
C:.A.Ik l)#vi¥
()ur KL.f:
ANNUAL REPOR TF'OR THE. 5'FAR ENDED 31 ' JlL4RCH2024
,S!-dL'nli
l)L
-1 rL'I'¢)r IX'illi411TIS
'hL l)bjLcI ()f IliL ('h:Iriii is thL
prL ich tliL I1()ra ()f C i()a iiiakiilgTr it I'LILi'Aiit tll PL'I)plc s eN'c'ri'Ll¢ll- L'NPLriLIICL.s1)i)Ih iti
thc knnitcd kinLTrLI()lli'.Inc4 1)l-Lf%i ¢1%. l¥'L LnLIL'
IILal ivith rL'41)()11sil)ilitlL+4 fL.I,Irii)n4litps in Il)Lir ci)miiiiinit1LS £ir)d r() lii-L' ti)xL'thLr in
lJnfiirrun'dtLI!', ()ur 'l'liL(II()kYlL
l)L %t LTJdi'ai'iiiir i(> L'iI11111LL' mi)rql ('1Iri4fi1I] i-'.IIIiLs ¢inil k-i'L'I?IlILY t1miliL% tl).4TC'ihL'r. 'I'lii r11 kL'% tI)L' liiiLrnii tii)niil l)rL'S1(IL'nr & l)rL'%iiliiisr Iljsliiip &ql'iiiin(l iliL i.1)rIc1 fi)r rh(. Ini.K.4iiin ()f tliL' pfL¢ichit)yY:Ind tL':ILI)in&F ()[ I IIL. ( )().Kpc.I i)l- ("Iiri4t Jc'4115 C-lin l)L' L()nrinLJLd. pr()LlairniiiR rlio. { i(I%T(.l ()(- ("hti.%t IL'%il4 11) illl iiiltii)ns. IK'L L,'Iri'i' i.lii% f)111 iri :1 miinnL'T In rL.laiii)11 ri? tr¢ll'(..Iltnky i<) i-i.4it rhL l)IIIL'r (.i)iifL'fLtILc.'4. (hc ci).4t% ()f tl)L' 211. filf LS fi)r Ilii. f Il'L'f.4L'fi% Itip4 tirc. Ktill IlTlkJ{)ii)g ',Inol 41)InL' ( )f iliL'4('. C.l)%t% IifL, I)LlIi,¥ P:IlLI pL'rs()n111I 1)I' thL' InrLrnAri()nLII lJrL'4idL'.111 & l)rc'.sidiiiL, Ili%liiip l.- .% I IL'I)n- dL',%i)ilL' tIIL, fAct hi. 11() Ii)IlgTL'r 4in!, fi)rin i)l- cmi)l(ii'mc'511. '1'IILfi 1i'¢' tiniL'S iI'IIL'11 tli(, Iiit('.tn1t rii>ll¥il131sh(11) .1 li¢rc' -1 rLlqufL'r's l)L'Pl£ rtniL'llr ii-ill il) ()111(. ()l- thiisL o.li%l% iiiLiirrL'LI. I)IlL'. r.i) tIIL' L'LI)n<TrirJic iri.%L'%, NI'L. :IfL III Iii'ii),41 itl. NI-L illll)I'CLl&ilL' tli,'Ii tl)L'fL Th()ul(I l?L' cl dLSPitL' L)UT tilliltiiial Li)iiilitiCliib clurin¥Tr tl)i.4 iin1l': ii-c Ill Ill) Il)c' l)('s1 iiL L., ()rgpAnis¢lti()11 iiiia IliL Ll)iiiniunit!-' iii l.riii.cli)fl ¥lti(I tliL SIIITI ILlticlinST AfL'; COMMIINITY fooDBANK. )rL'%icILTlt & l)r0'4jilinTr Iljs1)(Ip l.. K I11_'iiri' l)L'L ¢imc' 4IC'IIIL,li- ,'iivJrc' thilt rhL nd thL iclc¢q r.Ti Litc'iid i)iir c-.IiiirLlI l)iiililii)L' cinil crL'; (.t()i'cli)n l)lanJiin.4r [)LllcirtinLnt Iliiililin.4I (.i)tiiri Il in ,Ilill. ?( l?.3 4LL'l<it)xr ri) L'NtL'iicl If I li£ Ip fi'i'cl. ili)tliL', a17cI t() a%%i%t in ii.'licltLI'L'f M'<LI- 11.'L iati f()r Il)1)sc' ..17{) 'irL' 111 IlirL IILILI iii t)ur (-.()mmuiiiriL'S 1nd .Kiirr()iinclinL ¥if('.Il%. L)L'P:IrtmL'nt gJrJntcd p141nyiiiih pLrnii4Ni()11 111 Li% in l)L'.(.-c'.Inl)Ir ?11?.i. I,i)IIITrKK'iiib'
that thLI. had t¢d pl¢11111ing PLfllii%,4i()ii ii.'(.. I)L'LFÉin l() i¥'i)rk ()fi l)iiildiii&y thL L'XILII4LI)n t() LrL'iifL rliL. l£icililiL'% f()r a I'i)()cll?', X,. L, liai%Lcl Il'ith thL (.()mpdlli' LÉillL'cl l &ifL%hiifL' Lnf()nnin% thciii ()f i)ur ijitLnriiin ti) LfLilto' d I,ri()dl)¢ink illl(1 m4ik-in&? L'IlLiuifiL's cil)i)ut jiiii)itl%? tlIL. I'Éirc%li¢TrfL ( J() %LhLmL and hi?Nv U-L LaTI l)l)tain %urplu% ti)Iia C'IL fi'()In tlic'ni. I ii_l'inuarn- fjll?4 I)tlL C)f ()ur i()IlL4ul, AtfLadL,a ()IlL ()f I IIL'if L,lI1r.4 r() hL all'q¢ rl, i>t rliL rLqiufLmL'nt.i/pr()CC%S LrL relatin&y t() Liriii&J up il I'()(1£11)11)Ic. I'iJl1()Il'iTlJ. IIi%LLl%4j(hn4 in rL.laiif)n ti) i)l)r.iiiiinLr fii(Id Ltc frijm I'.arL%harL, &yoiri& triN'¢ircl INL, iifL. l()i)l£irigi ti) riiJkL' 14 pplikniti()n i() l)LLI)niiri% A m£ml)Lr r)f thL. I'11rc'N1141rL C y() %rliLYI)L. ..ls .%tatLd 41b()I'L ifvL.112I-c' L()11)mi'nLL,.d iv()1'K.ingy (li) Ihc, L'ktL'ti.l()ii ()ur Lliurcli tci builcl tliL I'ii()dl)Ic nk 4ind (, ¢ifL hiipiiiky til ci)Inplc'l'L'. IhL Il'l)rk it s()mc pi)inr p()E,4il)l!- Ihc. fiilli)lVlllY l.'L&Lr. I I li Illlt l)L'i'll L'l%l i1iL' i'liri()US C()st% ini'()li"c'LI in d()inKi thi% pri)jLLt IIA41)LLtI LIPLII.%iI'L,. I II)11-'Ll'L'f. IN'L. N¥ill ni)t &ll(>ik thi4 11) dLtL'r u4, l)L'C41ll.4L IIIL llcLLI Ii)r a l.()l)Lll)Ank i() hLlp fLLd, Lli)i.hL', Aiid i() ¢1%Sjsr in Ni'liclti'N'Lr 'Al' 11-L' L¢in fi)t Lli()L ii'h() arL' 111 LlirL IiLL'LI itl I ILif L()InmLIIIIIiLS 'a1111 .4urri)undiny, arLa4 1% i)f kryL'1t intLrLsf 11) LIS. iX'-L' rliLrc f()r(: pr()piisL, di)ring tliL !'L£if rtiliL¢id, i() fiiicl IV41l% <ind mL'2n% i)f fiinclraifin&' Ii)r thi4 pr()jL'C.r IILI [() niak£'. Iiui. fLqUL's1 kii()u.'n til ()thL'T c.r)tni)¥llllL's Lir f()T si)InL fiJiill)Ci¢il %upp()ri/ luiiairik? F()r siiLIi Él Lti)()Ll C41LI,4¢' wIILLli ii'ill l)LnLfrti ()iir ci)mTniinirk'. . PRf,.SIDJ,=NT ONBLHALF OF TH DIN_G JII.SHOP ÈRIC SA TFORD HF,-NRF ARD 01.. TRU.STFE.S
Re8iStered Charity Number :_ 0291437 MOUNT ZION 7TH DAY CHURCH OF GOD TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 31 March 2024 111 Il, IY'I- /.l(hN 7'1'111)Ill' C-11 I'llc-l I I)Tr' (:i)i) c.'It()Yl)ClIN Sllklll.-Y
.,11()I IN'I. /.I{IN' 7'1'111)A)' C'llliRC.'I-I ()fr (•(11 l.'()N-I'b:N'l' TRUSTEES, REPORT............................. rNDEPENDENT EXAMINER'S RF.PORT,.................. ......................................................................... ........................ STATEMENT OF FtNANCIAL ACTIVITtES................................................................................................................ BALANCE SHEET.. NOTES TO THE FtNANCIAL STATEMENTS.............,,........................,....................................................................10
11)IIN'I' /.IIJNI 7'1'111)Ill' C'lll',R('II (IF ('()I) -I'lill%'l'1,:1,:6*' Rl.'I'()li'l' Th¢ trustees present their report witb the finanoial statements of the chatity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and R¢p)rting by Charities.. Ststement of Recommended Prn¢tice applicable to charities preparing their accounts in accordance with the Finan¢Aal Reporting Stsndard applicabl¢ in the UK and Republic of Ireland (FRS 102) (effective l January 2019). STRUCTURE, GOVERNANCE AND MANAGEMwr Gov¢rning docum¢nt The charity is controlled by its governing do¢umenL a de¢d of bust and constitutes an unincorporated Charity. REFERENCE AND ADMlsTRATIvE DETAILS Register¢d Ch&rity number 0291437 Principal address 333a Sydenham Road Croydon Surrey CRO 2EL
I.I()IIN'I' /.11)N 7'1'111)Ill' ('HIIR<'I I ()Tr' (:I)i) Ttustces BISHOP E S HENRY PRESIDENr MRS G A K DAVIS TREASURER MISS V JOSEPH SECRETARY MS Y I DECUNHA FINANCIAL TRUSTEE Independent Examin¢r ABUDEY & COMPANY AccouwfANTS 14-16 POWIS STREET WOOLWICH LONDON SE18 6LF Approvcd by order of the board of trust¢es o di£urLU- .a'- and sign¢d on its b¢half by.. BISHOP E S HEN - Trustee
M()Ilh'l- /.l()N 71'111)IlY ('1 IIIR('II ()I,' (:()i) ]nd¢p¢ndeTht ¢xaminer's report to the trustees of MOUNT ZION TfH DAY CHURCH OF GOD IUK INTERNATIONAL CONFERENCE) I report to the Charity trustees on my examination of the accounts of MOUNT ZION TTH DAY CHURCH OF GOD (UK TNTERNAIIONAL CONFERENCE) (the Trust) for the year ended 31 March 2024. Responsibilities and basis of report As th¢ tharity trustees of the Trust you ar¢ responsible for the preparation of th¢ accounts in accordance with the requirements of the Charities Act 2011 Cthe ACV). report ?n r¢spect of my examination of the Trusys &¢counts carried out under Se¢tion 145 of the Act And in ¢aThying out my ex8min&tiOD I hav¢ followed all appli1¢ Directions given by the Charity comm10n under Section 145(5)(b) of the ACL
M()11 N-I. I.I(IN' 7'1'111)JlTr' C'l l Llll(.'l-l ()fr' l•()l) Independent ¢xaminels ststement I have ¢ompl¢ted my examination. I confirni that no mat¢ri&l matrers have come io my attention in connection with examination giving me c&us¢ to b¢lieve that in material respect.. l. accounting records were not kept in respect of the Trust as required by S¢ttion 130 of the Act; or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the appli¢&ble T¢qUiT¢ments ¢on¢erning the forn) and content of a¢¢ounts set out in the Charities (Acwunts and Reports) Regulations 2008 other than any requirem¢nt that the coUnt$ give true and fair view which is not 4 matter consider¢d &s part of an independ¢nt examination. I have no cOnrnS and have come a¢ross no other matters in connection with the exaltion to which atteThtion $hould be drawn in this report in order to ¢nable a proper und¢rst4ndinE of the accounts to be reached.
fvi()ii,Y'l' /.l()N 7'1'111)A Y C'l-11-'K('Il <)I,' (.'i)i) MR MON ABUDEY ABUDEY & COMPANY ACCOUNTANTS 14-16 POWIS STREET WOOLWICH LONDON SE18 6LF
II¢)IIN'I' /II)N 7-1'111)..l}' (.'141111(..'I i <)I,' (.'{ 11> 'I'A'I'I,-Nl b'.f*'l' l)&" &-IN..IN(.'I.IL ..IC: I-II'I'I-II: R¢eommeDded cAtegorieJ by aetivity Nol¢s Unr•tri¢ted fund$ Tot41 Funds 2024 Total Funds 2023 Income and endowwents Donation5 and legacies Other 68.647.25 68.647.25 141,150.63 24.545.94 24,545.94 13,220.14 Total 93.193.19 93,193.19 154a70.77 Expendliur¢ oll: Raising fimds 43,515.34 43.Sl5J4 45,412.29 Other 67.526.81 67,526.81 92,439.69 TolAI 111,042.15 111,042.15 137,851.98 Net ineomel(exp¢Ddltyr¢) (A7048.96) (17W8.96) {17048.96) 16,518.79 Net movem¢Di In fullds (17W.96) 16A18.79 Reconeillatlott of Ilthds: Total funds brought forward Total funds carried fonvArd 223,128.52 223.128.52 206,609.73 205279.56 205279.56 223,128.52
M()IIN'I' /.1{N 7.ri I liiKI' C'I IiIIi(.'I I ( Ji,. (.'()i) Reeommehded eategorfes by attivity Fixed a53¢ts UDrtstri¢t¢d funds Total Futtdj 2024 Total Funds 2023 Notss Tangible &ssets 205,521.53 205.521.53 204,685,14 Total ftsed Assets 20S,521.53 205,S21.53 204,685,14 Debtors 15.045.55 C8sh at barf( and in hand 34.221.69 34,221.69 41,333.38 TotAI eurrent assets 34,221.69 34221.69 56?78.93 Creditors= amounts fulling due within one year N¢t current a$$etslOlabilities) Totsl assets less current Ilablllties 2214.20 2.214,20 2.344.00 32,007.49 32,007.49 54034.93 23729.02 237529.02 2S8,720.07 CreditOTS.' amounts failing due after one year 10 32,249.46 32.249.46 35.591.55 Tot01 net assets or liabilitle$ 205279.56 205279.56 223,128.52 Funds of the Charlty Unrestricted fimds li 205.279.56 205.279.56 223,128.52 Restricted income fjJnd8 Endowment funiL8 TotAI hnd8 205,279.S6 205279.56 223,A28.52 . and signed on its behalf by- RY TRUSTEE
IV()LINI- /.11)N 7'1'Tr11)A Y C.'I I1111('Ii i)b' (:()i) N()i'r.%-I'i)'I'l Ib". b INiif4iC'IAI. .%'l'il'l'l.:Nir.INI' l Accounting Policies 1.1 Atcountillg Policles The prinoip&l accounting poli¢i¢s adopted by the ChaTity. which is a public benefit entity, in the preparation of the arcATrUllts ar¢ as follows. 1.2 BASIS of preparatlon These aoUllts have been prepared under the historical ¢ost ¢onvention. as modified by the inclusion of cbarttable propertie5 and fix¢d asset invesimenls and investm¢nt properties kt valuation. These accounts have been pr¢pAred in COrdance with "Accounting and Reporting by Charities: Statement of Recommended Pra¢tice applicable to charities preparing their accounts in accordance with th¢ Finanei Reporting Standard applicable in the UK and R¢public of Irelond (FRS 102)" {effo¢live l January 2019)- (Charities SORP (FRS 102)), Ihe Financial RettIng Stsndard applicable in the UK and Republi¢ of Irelolld (FRS 102) and the Charities Act 2011. These accowits are presented in pounds sterling and rounded to the nearest powid. 1.3 Going coneern The Tru5t¢es have prepared fu)an¢ial projections. tsking into consideTation the current economic conditions and have, at the tim¢ of approving these accounts. a re&sonable expectstion that the charity adequate r¢sources to continue in operational existenc¢ for the forese¢abl¢ fvture. Thus they continue to adopi the going concern basis of accounting in Preparing the accounts. 2 Income from Donations and Legacies Unrestriet¢d nds TO1 fullds 2024 Total fuDd$ 2023 Analysts HMRC Gift Aid Tithes Offerings & DonatAOllS 16,950.55 68,647.25 68,647.25 124200.08 68,647.25 68.647.25 141,150.63 10
I
i()Il-1' / Iq)r4 7.1-1.1 I>AI' C'HIIRC.'I.I ()fr ('(hi y()'1'1'.s-ri)-1'141.: 1.-l N)IN(". Illl. %'l'A'I'I,:fvII'.N'I'.% 5 Other Expenditure ADatysts Unrestri¢ted funds Tot41 funds 2024 Total funds 2023 DeplatIOn Charge for th¢ Y¢ar- Fixtures & Filtings D¢precialion Charg¢ for the Year - compu Equipment Motor Expenses Social & Youth Expenses Repairs & Renewals Laundry & cleanin8 DonatioDs TTavel & Coach Hire Flowers & Souvenirs Mortgage Loan Interest Accountancy Charges Musi¢al Equipment- Depreciation Charge for the Year 2,719.00 1719.00 2.l45.00 679.00 679.00 849.00 2.859.99 2,859.99 2,938.36 19,182.87 19,182.87 8,918.76 22.587.47 22.587.47 54,861.89 1.277.50 7,542.14 6,493.74 260.00 5,724.37 7200.91 196.81 5.724.37 7,200.91 196.81 1607.39 2,607.39 2,806.30 2,035.00 2,035.00 2,035.00 1.734.00 1,734.00 2,312.00 67,526.81 67.526.81 92.439.69
I l()IlIN-I- /.14)N' TI'I I I)A Y C'I IIIRC'I I ()Tr' (:I)i) 6 Tangible Fixed Assets 6.1 Cost orv21uatiott Freehold LAnd & Bulldlngs Flxtsr¢8 & Fltting8 Computer uipm*ttl Musl¢al EqulpmeDI At 01 April 2023 Additions 172.395.48 75283.22 5,968.39 8.256.59 24,518.58 Disposals Revaluations Transfer8 At 31 March 2024 172.395.48 81,251.61 8,256.59 24.518.58 62 Amortisation and impairmeDt8 Freebold L#nd & Bulldlttgs FSxlures & FltttDg8 Compknter Equipment Musie41 Equlprnent At 01 April 2023 AdditlODS 53,325.70 2,719.00 4,861.70 679.00 17,581.33 1,734.00 Disposals Revaluations Transftrs At 3 l March 2024 56,044.70 5,540.70 19.315.33 6J Net b(Mpk vglue Freehold L4Dd & Buildillgs Fixtures & Flttlttgs Computer Equipment Musical Equipment Atol April 2023 172.395.48 21,957.52 3,394.89 6,937.25 At 31 March 2024 172.395.48 25,206.91 2,715.89 5203.25 13
I)IIN'I' /.IqIN 7'1'111)AY (.'IIIJHC.'II I)I,' (bl)l) 7 Debtors= Amounts falling due within one year Total flltyds 2024 Tol41 funds 21)23 FtMRC-Gift Aid Claim 15.045.55 15,045.55 8 Cash at bank and in hand Total fuodj 2024 Totsl funds 2023 Cash at bank ld on hand Community Account 70651842 BP Account 20651850 rNTL Conf. A¢count 60748293 946.36 891.36 2,447.91 4,374.11 26,737.50 31,977.99 4.089.92 4,089.92 34,221,69 41.333.38 9 Creditors: Amounts falling due within one year Total funds 2024 Total ndS 2023 A¢¢ru¢d expenses 2,214.20 2.214.20 2.344.00 2.344.00 10 Creditors: Amounts fal]ing due after one year Totsl fuDds 2024 Total funds 2023 Mortgage Account 64388682 32,249,46 35.591.55 32,249.46 35.591.55 14
i()IIN'I' /.I()N 7'1'111)..1}' {.'1 i[Iii('I i {iTr' {:(11) 11 Charity funds 11.1 D¢tall8 of material funds beld and movements durlDg the Ct]RRENT reportlng period Ftrnd bal&DC Fund brought balanees fonvard carried forward Fund names lll¢om¢ Expettditure TrxLsfen and losses UDr¢$tricted fund8 Geuer41 Fund 93,193.19 {111,042.15) {17.848.90 223,128.52 223,128.52 Total 223,128.52 93,193.19 (111,042.15) 205,279.56 112 Details ofmaterkal funds held And movement$ during the PREVIOUS r¢portlng period Fund balances Gains Fund brought Expenditsre TrADsfers and balaDee8 forward Iosges rrled forwgrd Fund names Income Ullrestrf¢tsd fuud8 206.609.73 154,370.77 (137.851.98) 206,609.73 154,370.77 (137.851.98) 223,128.52 Total 223,128.52 15