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2025-03-31-accounts

Charity Regsstrntion Number.. 0291437 MOUNT ZION 7TH DAY CHURCH OF GOD TRUSTEES, REPORT AND FINANCIAL STATEME￿ FOR ThE YEAR ENDED 31 MARCH 2025

MOUNT ZION 7TH DAY CHURCH OF GOD LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 TNstees ERIC HENRY YVONNE DECUNHA GOLDIE DAVIS VALERIE IOSEPH Charlty NuMb•r 0291437 Reglstered Offlce 333A SYDENHAM ROAD CROYDON SURREY CRO 2EL

MOUNT ZION TfH DAY CHURCH OF GOD CONTENTS FOR THE YEAR ENDED 31 MARCH 2025 Trustees, Report ststement of ￿nancIal Actlv Balanee Sheet Notes to the Hnanclal Statements

MOUNT ZION 7TH DAY CHURCH OF GOD TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financlal ststements forthe year ended 31 M)rch 2025. The trustees present their report with the ftnanclal ststements of the charity forthe year entled 31 March 2025. The trustees have adopted the provisions of Accountlng and Repertlng by charf￿es'. Statement of Recommended Practice applicable to charftles preparing thelr accounts In accordance wlth the Hnanclal Reporting Stsndard appllcable In the UK and Republic of I￿land IFRS 1021 (effective I january 20191. STRUCTURE, GOVERNANCE AND MANAGEMEP4T Governlng document The charity is controlled by Its govemlng t1ocument, a deed tsf trust and constltutes an unincorpordted charlty Th15 Teport W?5 approved by the trustees and signed on Its behalf by. ERIC HENRY Trustee Date '. 241.,1 Page1 of6

MOUNT ZION 7TH DAY CHURCH OF GOD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 R¢tommended ￿tegOrieS by aftlvlty Notes Unrestrlrted funds tal Fund5 2025 Total Funds 2024 Income and endowments Donations and legacies 127,588.17 127,588.17 08,647.25 Other 32,864.30 32.864.30 24,545.94 160.452.47 160.452.47 93.193.19 Expendlture on: A8lslng ftjnds 35,429.50 35,429.50 43,515.34 other 39.704.60 39,704.60 67,526.81 75.134.10 75,134.10 111.042.15 Net Incornellexpendltsre} 85.318.37 85.318.37 117,848.961 Net movemert In funds 85.318.37 85.318.37 117,848.961 Reconclliotion of fvnd$: Totsl fund5 brought forward 205,279.56 205.279.56 223,128.52 T•tsi funds CaTrfed forward 290.597.93 290,597.93 205.279.56 Page2of6

MOUNT ZION 7TH DAY CHURCH OF GOD BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 Recomm¢nd¢d ategorles by actlvlty F5xed assets Note5 Unrestrlrted firnds Total Funds 2025 Total Funds 2024 Tanglble a55ets 289,854.29 289,854.29 205,521.53 Trt•l fixed assets 289,854.29 289.854.29 205.521.53 Current assets Cash at bank and In hand 31,846.61 31.846.61 34,221.69 Total current assets 31.846.61 31.846.61 34.221.69 Credltors.. amounts tslllng due within one year Net current as5et51111abllftlesl Total assets ¢urr•nt Ilabllltles c￿dItO￿.. amounts falling due after one year Trtal net assets 2,195.60 2.195.60 2.214.20 29.851.01 29,651.01 32.007.49 319.505.30 319,505.30 237.529.02 28,907.37 28,907.37 32,249.46 290,597.93 290.597.93 205.279.56 Funds of the Charity un￿trIcted funds io 290,597.93 290,597.93 205,279.56 Restricted fvnds io Endowment funds io Trtal fund5 290.597.93 290.597.93 205,279.56 The financlal statements were approved by the trustees on 18 lanuary 2026 and slgned on ts behalf by.. ERIC HENRY Tru$te¢ Dats .. Page3of6

MOUNT ZION 7TH DAY CHURCH OF GOD NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 l. Accountlng Pollcles The prfnclpal accountlng pollcles adopted by the Charfty, whlch Is a publlc benefft ent(ty, In the preparation of the accounts are as follows. 1.1 Basls of prepa￿tIon These accounts have beert p￿pa￿d under the hlstorlcal cost Conven￿On, as rnodlfled by the Incluslon of charftsble pnpertles and fixed asset Investments and Investment propertles at valuatlon. These accounts have been prepared In accordance wlth 'AccounOng and Reportlng by Charibes.. Statement of Recommended Practice applicable to charities preparing their accounts In accordance wtth the ￿nancIal Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021. (effective I january 20191 ICharfkne$ 50RP IFRS 10211. the Nnanclal Reportlng Stsndatl appllcabje In the UK and Republlc of I￿lart￿ IFRS 1021 and the Charftle5 Act 2011. These accounts are presented In pounds Sterllng and rounded to the ne0￿$t pound. 1.2 Going concern The Tryjstses have prepatEd flnanclal prolectlons. tsklng Into CgnslderaUon the ¢uTrent economic condittons and have, at the tlme of approvlng these accounts, a ￿asOnable expectatlon that the charlty has adequate resources to contlrtue In operational exlstence for the foreseeable future. Thus they continue to adopt the golng concern basls of accounting in PTepartng the accounts. 2. Income from Donatlons and Legacies Anatysls Unr•strlrted funds Total fvnds 2025 Total funds 2024 Generdl grants Provlded by Governmenvother chariknes 20.000.00 20,000.00 HMRC GlfcAld 14.825.72 14,825.72 92,762.45 thes Offertngs & Donatlons 92,762.45 68.647.25 Total 127.588.17 127.588.17 68,647.25 3. Other Income Anatysls Unrestrlcted funds Total funds 2025 Total funds 2024 Interest Received 217.82 217.82 314.25 Other Income 18,886.48 13,760.00 18,886.48 13,760.00 13.231.69 Rent Received ii.000.00 Total 32.864.30 32,864.30 24.545.94 4. Expendlture on Ralsing Funds Analysis Unrestrlcted fundg Total fvnds 2025 Total fund5 2024 Water Rates 1.406.32 5.041.53 7,538.78 2,756.50 1.406.32 5,041.53 7,538.78 2.756.50 529.78 Church Insurance 6,057.56 8,472.20 Ught and heal Telephone charges Postage prlnyng & statlonery General Running Expenses Hotel & Conference5 expenses Total 2.752.00 5,141.49 3,056.34 3.056.34 9,540.52 6,089.51 9,540.52 6,089.51 7,462.88 13,099.43 35.429.50 35.429.50 43.515.34 Page4of6

  1. Other Expendlture ilnr•stri¢ted funds Trtal funds 2025 Trt•l fvnds 2024 Analys15 Depreclation Charge for the Year- xtures & ￿ttIngS Dep￿cla￿on Charge for the Year- Computer Equlpment Motor Expenses Social & Youth Expenses Hepalr5 & Renewal5 Donation5 2.311.00 2,311.00 2,719.00 543.00 543.00 679.00 3,141.37 6.673.94 10,478.87 3,141.37 6,673.94 10.478.87 2,859.99 19.182.87 22.587.47 5,724.37 7.200.91 3,937.70 3,937.70 6,424.33 105.80 Travel & Coach Hire 6,424.33 Flowers & Souvenlr5 105.80 196.81 Mortgage Loan Interest A¢¢ountsncy Charges Musieal Equipment- Depreciation Charge for the Year 2,607.39 2,180.20 2.607.39 2,180.20 2,607.39 2.035.00 1,301.00 1,301.00 1,734.00 Yotaj 39.704.60 39.704.60 67.526.¥1

  2. Tanglble Flxed Assets Freehold Land & ulldln95 Ftxtur*s & Flttlngs Computer Equipm¢nt Muslcal qulpmert 6.1 Cost or valuation At 01 Aprll 2024 172,395.48 81.251.61 8.256.59 24,518.58 Addldon5 88.487.76 DIspu5als Revaluations Transfers At 31 March 2025 260,883.24 81.251.61 8.256.59 24.518.58 6.2 Depreclatlon and Impalrmerts At 01 Aprll 2024 56.044.70 5,540.70 Charge for the year 2,311.00 543.00 20,616.33 Dlsposals Revaluat¢on5 Transfers At 31 March 2025 58.J55.70 .083.70 20,616.33 6.3 Net book valu¢ At 01 Aprll 2024 172,395.48 25,206.91 2,715.89 24,518.58 At 31 March 2025 260,883.24 22.895.91 2.172.89 3.902.25 Page5of6

  3. Cash at bank and in hand Total fund$ 2025 Total fvnds 2024 Cash at bank and in hand Community Account 70651842 8P Account 20651850 [￿L Conf. Account 60748293 1,326.36 5,589.31 20,841.02 4,089.92 31.846.61 946.36 2.447.91 26,737.50 4.089.92 34.221.69

  4. Creditors: Amounts falling due wlthln one year Total fvnds 2025 Total fund5 2024 Accrued expenses 2.195.60 2,214.20 2.195.60 2.214.20
  5. Credltors: Amounts falllng due after one year Ibtal funds 2025 Tot•1 fund5 2024 Mortgage Accgunt 64388682 28.907.37 32.249.46 28.907.37 32,249.46
  6. Charity funds 10.1 Detai15 of material fund5 held and movements durlng the CURRENT reportlng perlod Fund bJJ4nce5 Fund balances brouyht forward carried forward In¢om¥ Expenditure Tr•nsfers Gain5 and losses Fun¢E n•m$ Unrestrlrted funds 223,128.52 308,446.89 117,848.961 {IY.848.96) 10.2 Detai15 of material funds held and movements during the PREVIOUS reporting perlod 16r>,452.47 75,134.10 General Fund Furtd balances brought forward Fund balances carried forward Incom¢ Fund nom05 Expertditur Tran5f•r5 Galns and losses Unrestrlcted GeneRI Fursd 93.193.19 111,042.15 117,848.961 223.128.52 223.128.52 Page6of6