Charlry Regl$tr*tlots No. ID42556
Company Registr*tlon No. 2992416 IKngl?nd and WalÈsl
POWER PRAISE & DELIVERANCE MINISTRIES INTERNATIONAL
WORSHIP CENTRE
ANNUAL REPORT
FOR THE YEAR ENDED 30 IYOVEMBER 2020

PUWEK PRAISE & DELIVERAIYCE MIIYISTRILS INTERNATIONAL WORSHIP CENTRE
LEGAL AND ADMINISITRATIVE INFORMATION
Tru.stees
Jennifer Brown
Pauline Christie
Inez Riley
Junior Siewart
Secretary
Inez Riley
Charity numbcr
1042556
Company number
2992416
Principal addrcss
421-427 Fligh Road
Tottenhain
London
N176QN
Rcgistered officc
421-427 High Road
Tottenhani
London
N176QN
Indcpcndent examiner Golihvins Liniitcd
75 Mayg?rov¢ Road
Wesi H&111PStead
London NW6 2EC3
Banker.
Lloyds TSB Bank PIC
Lloyds Court
28 Secklow Gate West
Central Milton K¢yneb
MK9 3b.H

POWER P1141SE & DELIVE114NCE MINISTRIES INTERNATIONAL WORSHIP CENTRE
CONTENTS
Page
Trustees, report
14
Indcpendent examiner's r¢port
Statcmcnt of financial activitiLS
Balance sheet
Statcrncnt of cash flows
Notes to the accounts
8-15

POWER PRAISE & DELIVERANCE MI￿lSTRIEs INI'EIiNA'fioNAL WORSHIP CENTRE
'rRUSTLLS' KLPOK'I. TrOK'I'HE YEAR ELNDED 30 NOVEMBER 2020
Thc trustees present their i-eporl and a¢cuunts foi. thc year eiidcd 30 Noveinbcr 2020.
The aecoui)ts havc bcci) prcpared in d￿0[da17CC with thL accoiinting policic8 sct oiit iii nate I to the accDuiits
and coniply will) thL cli<irity'% M¥inoranduni and iirlicl¢% i)r d%%ocialioii, appliLablc law, and thc SiatcniLiII
of R¥Lommended Practice, applicable lu LhdritiLS pfLP¢iringi IhLif dccounl% in aLcurddnLL With tlie FinanLial
Reporting Standard for SmallLr Enlitics.
Objectives and activitles
'I'he objects tor which the charity is establisliLd arc for thL advanccment ot'christian bdlth throug7h the spread
of Ihe go%pel uf JesLl8 Llirist and the r¢li¢f of poverty in Ilic Unilcd Kingdom.
Power Prais¥ & r)¢lÈv¢ranLc Mi inislI-iL% inlernational Wur%hip Cenli-e shares ILS fundaniental beliefi with the
mainsircain Cl)ii%lian rLligiun {ofwhich thc followiiig 'SiatCincnt of Faith, providcs further dciails.)
l. The sovereigTllty diid grdLe of God the F(Ithei', God the Son and God thu Holy Spiiit in crLdtion.
providence, I'cvelation. redemption and final judgemcnl.
2. The divine inspiralion of l.loly Scripture and its coiiscqucnt cntii'e trustwoithiness and supreme authorily
in all Inattei's ol- laith and Londucl.
3. The universal sinfulness ￿]d byuili of fallLn man. making hiii] %ubject to Ciod's wrath and condeinnation.
4. 1.he subslilulionary sacrifiec of the incariiate Son of God as tlie sole and all-sufficient ground of
redemplion Irom Ihc gui It and power ol'sin. aiid &oiii its eteimal con.q¢qu¢nces.
5. The justiliLatioi) of the siniier bolely by Ihe grace of God Ihrougli faiili in Chrisi erucificd and Tisen from
thc dead.
6. Thc illuminating, regeneratinLI.. indwclling and sanilifying work of God thc Holy Spiril.
7. The priesihood ofdll b¢li¢v¢rs. wlio loi-m ihe univLr5¢11 eliurLh. the Body uf which Christ is the Head. and
which is coinmitied by Hi% command lo thc procl<imation uf thc CJo8pel thi-ough the world.
-lkne divine hcaling of all bcliCvc￿ through laitli in the name of Jesus Chi'isi.
9. The praclice ol- watcr baptisim ihe subinission ol. believei'5 t(> this in obe(Aience, con)milmenl and
proLldmalion dLcording to thc command and examplL of Jesus Christ.
l O. The cxpectation of the pcrsonal, visible retum of the l.ord Jesus Chrisi in power and gloiy.
The trustees liave paid due regdrd to guidxi)ce issued by ihe c.harity Cominission in decidiiig what aclivilic8
the charity should undertake.
AchievemLints and performance
This y¢ai', like cvciyonc 'fhc Q",harity have cxpcricnccd a di'dniatic contrast between plans and reality. All or
us ai ihc Power Prdise & l)eliver¢illLe Intcn]ational have laced unforcsecn challcngcs in obiaininLY ()ur Ltr{)dls
and objectives. We th¢ Iru,slees have taken gi'Lal inspiiarion froin the way our mcmber%, partners and
supporters havc d¢alt ivitli th¢.4¢ unprec¢dented limes. 'I'lic Charity continues to touch livcs wiihin the
LUTnmunity of Haringey and beyond with an incrcase of people 5Lcking guidunLL from thL Lhiirch, but in
March 2020 il becaine a public hedlth en)ergFeiiLy wheii people wcrc bciiig cxposcd lo thc coroiiavirus. We
w¢re no longr¢r allowed lo havc social gathL'I'illg8 so oiir ()IlLe moiitlily fcLding and fellowsliip iirograin for
those who arc hLIll￿Y or hoinclcss IwiLc a moiiili, iiu longer allowed. Our prioritics had to bv adjubled
to fulfil our vi.si()n yet adhcring to the urgency of ihe crisis.
Our prioiilics h&lVC changed again, as wc look to thc langcr-t¢rni impact of thc p&nd¢mic. 'fhal'ts iyhy thi
report h8s bcen split into Iwo halves. The first fi'om Deceinber 2019 to Trebruary 2020, whiih looks 81 the
progres% we made against oiir ori￿n￿l plan f()i- the year. Thc second covers Mai'ch 2020 to Noveniber 2020,
when we stepped up io respond to thc cxtraordiiiary cii'cuiM5tances in which we all found ourselves.

POWER PRAISE & DLLIVERA.NCE MlkNlS'fRIES INTERNATIONAL WORSHIP cLN'fRE
TRUSTEES? REPORT FOR THE YEAR F.NDED 30 NOVEMBER 2020
T)F.
EMBER 2
19 1 FEBRUARY 2020
Every Inoiiih the church einb<irks on openiiig its door lo the local cominunity fccding and cl£)thing Ihose Ihal
dre in nLcd. To thig Lt)d iv¢ hdve einbarkcd on anoihLr eiility wiihin Ihe Cl)ur¢h vision called 'Hand% of
Ilop¢"
Hot IllCdiifTQ7.cn fo()d £lL¢umiiani¢d by W41rtFt cluthing, Ltc. arc sharcd oiil il) tho.sc in
aiiLndanLu. WhilL tiLdingtr dnd LloihiiiLF IhosL in nLLd coun%elliiig 1.% on hdnd dnd d li%leiiinLJ ear. They
alsi) cnLOUI'agud ti) contact thc ¢liurcli and a supply lif fi)od dnd i()ilctries will be d¢livci'cd. The ChLirch
rurthii. providcb aid lo thu cominunity ihri)ugh a I'dllLTe of serviLe4 SULh i)n to i)ne LounsellingT, mentoi'ing.
8Lif-dcv¢lopment and confidence bLiilding support as well as community days, conccrts and spLcialiscd
community celebrations.
Our evangelistical outrcacli cntitled'cliurch withoui Walls"
'F.acli one Reach Onc and ()pcration (io whcre
evdngTelisiiigJ, singing,, i)rayei- diid words of eiicourcigJLiiicnl is tdkcii fi'um IIIL VCStry to uulsidL Il)L ChurLITr.
Many thal passed by.joiiied iii. in cclcbration and siiigiiig7 aiid lifc's wcrL iinp¢lCtcd, tl)ULhcd, Llian&J<d and
received Salvation dnd iii)w have a plaLe of ¥itorsliii) to attend.
Wc coniinuc io proclaim aiid pi"opagaic thc Oospcl ofJcsu5 Chiisr, and in Lloin¥ tliis we %irivc io aS%ibi iinij
impiovc IhL livcs of individuals aLI"u45 LVLI"y divi.4ivn o(il)e Luininunity.
Wc cunliniie tu have our Woinens,, Mens, dnd Yoiiih meviings which, again. teaches into the coinmunity
nd changc% livoq by bringing individuals. whethci. il be male, fel￿al¢, young and old, into th¢ fellowship
and ¢are ol. this Charily. We have persoi)ally seeii many lives transfonned by these diffei'ent auxiliary
meetings.
W¢ dr¢ ￿¢ry ¢ons¢ious ot'tlie t3cI tlidt ihe BorougFlI wherein tliis Chai'ity is silualed ib very demanding socially
and economically. W¢ are doinu our v¢ry b¢.qt lo briiig liopc, stability and oneness iiito tliis community.
ARCH 2020 throu
h NUVLMIIF.R 2020
When the ¢oronavirus hit, our iiminediate pi'ioriiy wds mdkingF %ure oiir meinbers, Pdrtners (￿d supporters
wci-e safe. Mnst of our goals were CLlrtailcd during ?.020 dLie to the ongoing pandcinic. New approachcs and
timelines were ratified in MarLh 2020. We becan)e aware ihat oui. goalb and dLlivities needed to chdnge ill
the short lerni duc to the eurrcnt crisis.
We quickly addpled ULir serviies alt¢r tlie Governinent i55ued the stay-iil-hoine order. Projevls and activities
coiiiplctcly ceased to lakc plac¢ ii) a focc-to-face forniat as our serviccs ivas complcicly put on hold, while
we adapted d new programille called"CHURCH WITHOUI, WALLS"
'CHURCH WITHOUT WAI.LS" prosraiiiiiie allii%vo US to .qtreaiii live on-line qervi¢es whi¢h i.q re¢ord¢d
via Faccbook. Wc now wclLoimc an in1cmaiioni￿ I congrc¥aiion rcachiiib* Iliousands. (If believLrs all OVLr Ihc
world in ci)iinlric.% 8uih a%, H()Ilaiid, (iL'rtll£llly, l.rdnCL, .lamai¢a, Dvmini¢a, Si. Maartcn & the IIVI lo name
of fcw. Thi5 ha% cndblLd us lu kLep wor%liip slylL frcsh and nLW.
We ¢il%o inc()rpcirat¢d 'PIIAYER %T()I<M" kn,hei-e pr4yer wa8 av¢iilable live online to the inlernl£ tional
conimunity, which helpe£l i)ur aLidienue 10 redli¢¢ slrebs and anxiety.. promoie a more pi)4itive ouilook dnd
irLngthen thc will to livL. This c.IL'aied such ai) impacr rhat on thc lives ot the people in lo conimunity, that
we have conlinued"PRA YF.TI STORM" every Tuesday, Thursday and Satiirddy moining.
WL have impl¢in¢nted "AN EACH QNE. IIEACH ON'E" programme which allows mcinbers lo ¢h¢ck on
eaLh oihLf di ILdbl onc d WLLI( pi'ovidiiig LarL lor IhL 5PiritUdl needb, fiiiancial needs and emolional iieeds.
During Ihe pandcniic so iiiany penple lost rheir hope and.joy. I'his progranime ha5 had %u¢h J hugL SULCL%
Ihal wc arc eonsidcring enlai'uTing ils sLope 10 rL¢iLh oul thL morc mcinbLrs of the Lommuniiy of HdrrinuJay
at lJrgi.
DLspite the diffi¢ulties of lockdown we are have maint(iined our links with the Community enLouraging dnd
providing support foi. Ihosc in nccd, by providing diy gond io those in n¢¢d and proving cmotional support
and Lounselling to those in need.
We havc ad￿￿ Ptcd a Loom C'otrcc and Tea as a social cvcning, cncouraging community building and
emotional SLlPPOrt for those in need.

PC)WER PRAISE dc DELIVERANCE MIryISTRIES INTERNATIONAL WORSHIP CENTIi
'I'RUS'I'bES' RliPORT FUR I'HE YLAR LNDLD 30 P4OVEMBER 2020
We ale ihdnkful tor Gud's ongoillgy fdithfuln¢ss and i)IT)vision to tlie work of Ihe chariiy. We have also b¢cn
hiimblcd by God's rcsponsc aiid pi'ovi510n to LIS With gcnerous gifts, fiindraisiiig SULcesses aiid uiifoY¢s¢¢
4ivenues of fundb whiLlI l)dV¥ opeiied. iii pai'ficulai" tlie yedr end closed iviih uncei1ainly100ining for dll
ch2ritiL8 like our own. W¢ Liinlinuc lo bL bl¢s%cd by the skillcd and dedicated pcoplc who w()rk ai)d
volunlecr foi. u.%, whiLh ha.4 ensuj'ed th¢lt we L&lll Lunliniie opcralingJ witl) and for thL Lommunity of Harringay
which we siipport.
Wc louk fuiivardinLT to the new year dnd resuminLF our avlivitics a5 the unccilainly of the pandemiL LIDs'e5
in. WL h()pc tlial wc Lan bc morc iillP<lCtful to Ihc coininunity providing confidence and sti'engih that we will
gTel through ihis log¥iliLr.
FinanciAI review
It is ilic poliLy Ot. thc clidrity Ilidi Iree re4erve.% {tlio%e funds noi ticd up in fix¥d assCt5. dncl (ILsigTiiatcd and
re.¥lriLled fund%) %hould bc Inaintaincd at a level cquivaleilt to two mcjiirh'q expeiidÈlure (appri)ximalLly i)I'
50.000). The li'usleeh cunsider re.%erves di ihi% level will L"n511fL (hal, iii thL LVLnt of a sigJiiifiLdnl drop iii
diJii(ILiiTriii, IIILY WIII IPL 411Jlc Lv LuiJlJJJu¥ IIL¥ blial ily'% bUIJ Lill aLliviliLS wliilL LVllbidLfkLIiuIh ib ¥iVLll IU Wilyb
in wliich additional funds may be I'ai8ed.
AI 30 Novcinbcr 2020 thc cliarity licld negative ti'cc reserves, WLth fiinds being tied up in fixed assets. The
truslees are also aware of the need to increase the membership and are Currently considering ihe bLsI way to
achicvc this.
The Iruslces are in Ihe pioce&.s uf ds5e.4sing the risk% f<icill(F the charity and fornialising a slralegy lo rediice
thcm to an acceptance level.
The tru%iccs arc in thc process ot in8talliiig new tlilSt¢es, whicli will bring on a fresh Inindsel and ncw idcas
lo briiig ihc Lharily intu all round siiccess in gloal achieiweineiit.
Therc are plans 10 Iiicoiporalc a banqu¢ring liall aiid Ihc Trust¢c.s arc lookiiig into this iii morc dctail.
Pl￿] dlso lu open a creLhe.
Stru¢ture¥ governance management
The Iruslees. wlio are alsu tlie direLlors l()I' Ihe purpose of cojnpany law, and who served dui'ing the ytrar
wcrc..
Pauline Cliristie
Incz Riley
Jennifer Brown
Jui)Jor SILwdri
Ncw Tru%lccs arc appointcd cvery two ycars. The ncw Ti-ll.qtees are given a copy of ihL lalesl 8Lt of dccount%
and tlie ¢onstitutii)n of ihc Q"hdrity. Thcy arc invllcd io £lttLnd dn IntrodLILt()ry meetinLtr atter reviewing IhL
accountq and con%iitiilion. A fiiril)cr meLting is held to discuss thc plans and futui'e of the Charity and any
querit% 01) Ihe Lun%tilulion is addressed 3t this inecting. Thc new Tru.qteL is invited tu a third meetinLi lo be
Li)ntirmed by the prcscnr Iloard ()[ TnisleLs and tl?cn intt'oduced to the mcmbers ol the Charity.
None of the trustees li¢￿ any bcncficial intcrust in thL L(Impdny. All of the trustees are members ot the
Lonipany and guarantee to contribiite f l in tlie ev¢ni of a winding up.
VolunrLLfs Larry oui ihe Ch<irily's gFeiieral admiiiistratioii and churcli work.
The Iru%lecs'
pori wa.g approv¢d by ihe B()ard of-fru%lccs.
cy
Rcvcrcnd Jcnnifcr13rowii
Tiwstee
Truslee

INDEPENDENT EXAMtNER'S REPORT
TO POWER PIiAISE & DELIVLRA,NCE MINIS"I'RIES INTEILNA'I'IONAL WORSHIP C￿￿'1'RE
I report to tlie charity tniste¢s on Iny exaiminalion of the accoiints of the Company for the year ended 30
Nuvember 2020.
Responsil)ilities and basis of report
A% Ihc Lliarily's lrn%lLes of thL C.oinpdny (and also its dirLclur.% foi- tlic purposes of company law) y()U ¢ll'L
rc4pon%iblc fni. tlic prcparation of Ihc accounts in dLLord¢in¢e with thc rcquircmLnts ol- Ihe Coinpanie% Acl
2006 ('the 2006 ALt').
Having satisfied inyscifihat ihc accounts of thc L".ompany are not requir¢d to bc audited undcr Ejart 16 ot'the
2006 Act and are eligible for indepcndent cxaniination, l i'eport in r¢spe¢t of my examindlion ol- your
Lliarity'% accounts as caiTied out under sceiion 14.5 of thc C.'hdritics Act 2011 ('thc 201 l A¢t'). In LJrryinb'
oul my exainination I have followed ihe Dii"eclions ¥iv¥n by tl)L Clidi'ity Cummission under seLlion 145{5)
{b) of the 21111 ALI.
IndepÈndent examiner's statement
I hdiiL completcd my examinaliun. I confiiin that no Inatters have ¢oin¢ to my altentioll it) conncction with
the exainination giving tne Lause ic) b¢licvc'.
accounting recor(Ls were not kept in respect of the Company as required by .8ection 386 of the 2Q06
Act,. or
Ihe aLcouiits do iiot aLcord with tliose r¢cords" or
the accounLs do not comply with thc accountiiig i-equiremcnts af section .396 of ihc 2006 Act other
than any rcquirement t]￿t the a¢counts givc a 'truc and fair view which is nol a malter Lonsidered
as part uf an independent examination. or
th¢ ac¢ounts have not been prcpared in accordance with the methods and principles of thc Sialein¢nt
oIR¢coinm¢nded Pi'iiLliLe lor aLcuUntIng￿ and reporting by Lharities applic&ble to charitics prLparin¥
their accoiints in a¢c()rdance with the kinancial Reporting Standard applicable in ihc UK and
Republic ol. Ireland (FRS 102}.
I havL 111) LoI)eern8 ancl hdvc Ll)Ine across iio oihLr Iraiier8 in cc)nnectioii with the cxainiiiation lo whiLh
dtlLntivn shoiild bc drawi) in this I'LPOrt in L)rder to enable a prupLr uiidcTslanding ul. Ihc dLCOUlllS io bl
l-Lachcd.
Stephen Goodwin
CJoldwin
Charlered accountants
75 Maygrove Road
West Hainpstead
London NW6 2ECi

Power Praise & Deliverance Ministrles Internatlonal Worship Cerrtre
statement of financial activities (incorporating an income and expenditure account)
For tho
ar gndod 30 November 2020
2020
Total
2019
Total
Unrestricted Raslricted
Note
Income from:
Donations and legacies
Investment income
98,311
98,311
98,862
Total Income
Expendlture on..
Charitable aclivilies..
Parish costs
Mission and Evangelism
68,271
17,183
68,271
17,183
45,942
37,239
Total expendlture
Net Income l (expendlturel for the year
12,860
12.860
15,681
Transfers between funds
Ngt movernent in funds
12,860
12.860
15,681
Reconciliation of funds..
Total funds brought forward
Total funds carried forward
6 958,421
6 971281
6 958 421
6 971281
6 942 740
6 958421
All of the above results are derived from continuing aclivilies. There were no other recognised gains or losses
other than those staled above. Movements in funds are disdosed in Notes to the financial slalements.

Power Praise & Deliverance Ministries International Worship Centre
Balance sheet
As at 30 November 2020
2020
2020
2019
2019
Note
Fixed assets:
Tangible assets
7,001,327
7,001.114
Current assets:
Cash al bank and in hand
4,170
4,170
3,323
3.323
Llabilities:
Creditors.. amounts falling due within one year
34,216
46.016
Net current assets I Iliabilitiesl
Total assets less current Ilabilities
30.046
42.693
6.971,281
6,958,421
Total net assets l (liabilities)
6,971.281
6,958,421
Funds
Unrestricted funds..
11
General funds
6,971,281
6.958.421
Total unrestricted funds
6,971,281
6,958,421
Total funds
6.971,281
6,958,421
Tho Charity's financial statements hav8 been prepaied in accordance with the provisions applicable to
companies subject to the small companies regime.
The Trustees consider that the Charity is entitled to exemption from the requirerTienl to have an audit under
the provision of section 477 of the Companies Act 20061.the Act") 8nd members have not required the Charity
to obtain an audit for the year in question in accordance with section 476 of the act.
The Trustee acknowledge their responsibilities for complying with the requirement of the Companies Act 2006
wlth respect io accounring recoras anu ine preparation ot tinancial slatemenls.
The financial statements were approved and aulhorised for issue by the Iruslees on
and signed on their behalf by..
Inez Ri
Trustee
Reverend Jennlfer Brown
Trustee
Company registration no. 02992416
The attached notes form part of the financial statements.

Pow8r Prais# & Dèliverance Ministries International Worship Cèntr8
statement of cash flows
For the year ended 30 November 2020
Note
2020
2019
Cash flows from operatlng activltles:
Net cash provided by l {used inl operating activities
12
1,503
4,808
Cash Ilow$ from invosting activities:
Sale/ Ipurchasel of fixed assets
16561
11,4851
Chango In cash and cash equlvalents In the year
847
3,323
Cash and cash equivalents at the beginning of the year
3,323
Cash and cash èoulvalents * the end ofthè year
13
4.170
3.323

Power Pralse & Deliverance Ministrles Internatlonal Worship Centre
Notes to the financial statements
For the year ended 30 November 2020
Aetounting policies
al Basis of preparation
The financial slalemenls have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102 - effective 1 January 20151- (Charities SORP FRS 1021 and the Companies Act 2006.
The char(table company meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are inilially recognised al hislorical cost or transaction value unless otherwise staled in the
relevant accounting policy or note.
c) Golng concern
The trustees consider that there are no material uncertainties about the charitable companys ability lo
conlirsue as a going concern. The Iruslees do not consider Ihal there are any SDurce5 of eslimalion
uncertainty al the reporting dale that have a significant risk of causing 8 m8terial adjustment to the
carwng amounts of 2ssels and liabilities within the next reporting period.
dl Income
Income is recognised when the chanly has enlillement to the funds, any performance conditions
attached lo the income have been mel, il is probable that the income will be received and that the
amount can be measured reliably.
Income fmm government and other grants. whether 'capilal' grants or 'revenue' grants, is recognised
when the charity has entitlement lo the funds, any performance conditions attached lo the grants have
been rnat, il is probab5e Ihal the income will bg received and the aMO￿nt can be measured reliably
and is not deferred. Income received in advance for the provision of specified service is deferred until
the criteria for income recognition are mel.
For legacies. entitlement is taken as the earlier of the date on which either". the charity is aware that
probate has been granted, the estate has been finalised and nolificalion has been made by the
execulorlsl lo the charity that a distribution will be ma(Se. or when a distribution is received from the
eslale. Receipt of a legacy. in whole or in part, is only considered probable when the amount can be
measured reliably and the charity has been notified of the executor's intention lo make a distribution.
Wherè 1¢9a¢ios have been notifipd to the charilyb or thc Charity i= awarc of thc granting of probattr,
and the criteria for income recognition have not been mel, then the legacy is a Irealed a5 a conlingenl
asset and disclosed if material.
el Donations of gifts. servlces and facilities
Donated professional services and donated facilities are recognised as income when the charily has
control over the ilem or received the service, any conditions associ21ecl with the clonalion have been
met, the receipt of economic benefit from the use by the charity of the item is probable and th81
economic benefit can be measured reliably. In accordance with the Charities SORP IFRS 1021,
On receipt, donated gifts, professional services and donated facilities are recognised on the basis of
Ihe value of the gift lo the charity which is the amount the charity would have been willing lo pay to
obtain services or facilities of equivalent economic benefit on the open market,. a correspondin9
amount is Ihen recognised in expenditure in the period ol receipt.

Notes to the financial statements
Fgr the year Qndad 30 November 2020
1 Accounting policSes {continuedl
Interest rec8ivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity., this is normally upon nolificalion of the interest paid or payable by the bank.
gl Fund accounting
Unrestricted funds are available lo spend on activities that further any of the purposes of charity.
Designated funds are unreslricled funds of the charity which the trustees have decided al their
discretion to sel aside lo use for a specific purpose. Restricted funds are donations which the donor
has specified are lo be solely used for particular areas of the charity's work or for specific projects
h) Expendlture and Irrecoverable VAT
Expenditure is recognised once there is a legal or conslruclive obligation lo make a payment to a third
paty, il is probable th81 selllemenl will be required and the amount of the obligation can be measured
reliably. Expenditure is classified under Ihe following activity headings..
Cosis Of raising funds comprise of trading cosis an(J ine costs Incurre(J f>y tne Charitakjle
company in inducing third partlgs lo make voluntary contributions to it. as well as the cost of any
Expenditure on chariiable activities includes the costs of delivering services and other activities
ndertaken to further the purposes of the charity and their associated support costs.
Other expenditure rèpresents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against the a¢livity for which the expenditure was incurred.
i) Allocation of support costs
Support costs are those functions Ihal assist the work of the charity bul do not directly undertake
charitable activities. Support costs include back office costs, finance, personnel. payroll and
governance costs which support the activili8s. These costs have been a51ocated belween cost of
raising funds and expenditure on charitable activities. The bases on which support costs have been
jl Tangible fixed assets
Depreciation is provided al rates calculated lo write down the cost of each asset lo ils eslimated
residual value over ils experted useful life. The depreciation rates in use are as follows..
Land and buildings freehold Nil
Plant and machinery
25Q/o
Fixtures, Fillings and
2501.
k} Debtors
Trade and other debtors are recognised al the selllemenl amount due after any trade discount
offered. Prepayments are valued al the amount prepaid nel of any trade discounts due.
11 Cash al bank and In hand
Cash al bank and cash in hand includes cash and short lerm highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of tha deposit or similar
m) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past event that will probably result in the transfer of funds to a third party and the amount due lo settle
the obligatson can be measurecl or eslimaled reliably. Creditors and provisions are normally
recognised al their setuement amount after allowing for any Irade discounts due.

Power Praise & Deliverance Ministries International
Notes to the financial statements
For the
ear ended 30 November 2020
2 Income from donatlons and legacles
2020
Total
2019
Total
Unrestricted
Restricted
Donations & gifts
98,311
98,311
98,862
98,862
98.311
3 Analysis of expenditure
Mission and
Parish cosls Evangelism
Support
costs 2020 Total 2019 Total
Stsff costs
Mission and evangelism
Ministry costs
Depreciation
Parsonage expenses
Advertising and promotion
Light and heat
Telephone & inlernel
Printin9, Postage and stationary
Repair and maintenance
Taxi & motor expenses
Insurancè
Travelling and subsistence
Sundry expenses
Bank charges and inleresl
Office expenses
Sponsorship
Legal and professional fees
AccoLtnlancy fees
Independent examiner's fees
31744
31744
5,027
11.180
443
12.047
10,694
3,163
25,866
371
14,668
424
11,2831
880
1,344
3,475
878
400
696
382
1,615
1.631
1.161
2.896
10.501
3,420
5027
11180
443
12,047
11,374
1,080
160
800
860
11.374
1,080
160
800
860
385
693
385
693
703
1.231
3,578
729
703
1,231
3,578
729
3,420
3,420
64.395
3.876
16,207
976
4,852
{4,8521
85,454
83,181
Support costs
Total expenditure 2020
68.271
17.183
85.454
Totsl expenditure 2019
45,942
37,239
83,181
The total expenditure 2020.. £85,454 was unreslricted12019.. £83,181).
io

## **Power Praise & Deliverance Ministries International Worship Centre Notes to the financial statements For the year ended 30 November 2020** 

## **4 Net income/(expenditure) for the year** 

This is stated after charging / crediting: 

|Depreciation<br>Independent Examiner's Fees|**2020**<br>**£**<br>**3,420**<br>**443**|2019<br>**£**<br>3,420<br>371|
|---|---|---|



## **5 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel** 

Staff costs were as follows: 

|Staff costs were as follows:|||
|---|---|---|
|Number of employees<br>Salaries and wages<br>Employer’s contribution to defined contribution pension schemes<br>Social security costs|**2020**<br>**£**<br>**30,653**<br>**-**<br>**1,091**|2019<br>£<br>10,340<br>354<br>-|
||**31,744**|10,694|
||**1**|1|



None of the employees  received  employee  benefits excluding pension contributions more than £60,000. 

The total employee benefits including pension contributions and employer NI of the key management personnel were £Nil. 

One of the trustees received the employee remuneration from the charity during the year. 

## **6 Related party transactions** 

There are no related party transactions to disclose for 2020 (2019: none). Included in note 9 is a loan £11,188 (2019: £14,598) provided by one of the trustees. 

## **7 Taxation** 

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. 

11 



## **Power Praise & Deliverance Ministries International Worship Centre Notes to the financial statements For the year ended 30 November 2020** 

## **8 Tangible fixed assets** 

|**Tangible fixed assets**|||||
|---|---|---|---|---|
|**Cost**<br>At the start of the year<br>Additions in year<br>Disposals in year<br>At the end of the year<br>**Depreciation**<br>At the start of the year<br>Charge for the year<br>Eliminated on disposal<br>At the end of the year<br>**Net book value**<br>**At the end of the year**<br>At the start of the year|£<br>7,000,000<br>-<br>-<br>Land and<br>buildings<br>freehold|£<br>24,593<br>-<br>-<br>Plant and<br>machinery|£<br>24,730<br>656<br>-<br>Fixtures,<br>fittings &<br>equipment|**Total**<br>**£**<br>**7,049,323**<br>**656**<br>**-**|
||7,000,000|24,593|25,386|**7,049,979**|
||-<br>-<br>-|24,593<br>-<br>-|23,616<br>443<br>-|**48,209**<br>**443**<br>**-**|
||-|24,593|24,059|**48,652**|
||7,000,000|-|1,327|7,001,327|
||7,000,000|-|1,114|7,001,114|



The freehold property was valued in 1998 at £1,500,000 and revalued again in 2017 at £7,000,000. The basis of valuation was open market valuation. 

## **9 Creditors: amounts falling due within one year** 

|**Creditors: amounts falling due within one year**|||
|---|---|---|
|Member's loan<br>Accruals and deferred income<br>Other creditors|**2020**<br>**£**<br>3,420<br>15,738<br>15,058|2019<br>£<br>3,420<br>16,958<br>25,639|
||**34,216**|46,017|



12 



## **Power Praise & Deliverance Ministries International Worship Centre Notes to the financial statements For the year ended 30 November 2020** 

## **10 Analysis of net assets between funds** 

|Tangible fixed assets<br>Net current assets<br>**Net assets at the end of the year**|**General**<br>**unrestricted**<br>£<br>7,001,327<br>(30,046)|**Restricted**<br>£<br>-<br>-|**Total funds**<br>**£**<br>**7,001,327**<br>**(30,046)**|
|---|---|---|---|
||**6,971,281**|**-**|**6,971,281**|



## **11 Movements in funds** 

|**General funds**<br>Total Unrestricted Funds<br>**Total unrestricted funds**<br>**Total funds**|£<br>6,958,421<br>At the start of<br>the year|£<br>98,314<br> <br>Incoming<br>resources &<br>gains|£<br>(85,454)<br>Outgoing<br>resources &<br>losses|Transfers<br>£<br>-|**£**<br>**6,971,281**<br>**At the end**<br>**of the year**|
|---|---|---|---|---|---|
||**6,958,421**|**98,314**|**(85,454)**|**-**|**6,971,281**|
|||||||
||**6,958,421**|**98,314**|**(85,454)**|**-**|**6,971,281**|



13 



## **Power Praise & Deliverance Ministries International Worship Centre Notes to the financial statements For the year ended 30 November 2020** 

## **12 Reconciliation of net income / (expenditure) to net cash flow from operating activities** 

|**Net income / (expenditure) for the reporting period**<br>**(as per the statement of financial activities)**<br>Depreciation<br>Increase/ (decrease) in creditors<br>**Net cash provided by / (used in) operating activities**<br>**Analysis of cash and cash equivalents**<br>£<br>Cash at bank and in hand<br>3,323<br>**Total cash and cash equivalents**<br>**3,323**<br>At 1<br>December<br>2019|**Net income / (expenditure) for the reporting period**<br>**(as per the statement of financial activities)**<br>Depreciation<br>Increase/ (decrease) in creditors<br>**Net cash provided by / (used in) operating activities**<br>**Analysis of cash and cash equivalents**<br>£<br>Cash at bank and in hand<br>3,323<br>**Total cash and cash equivalents**<br>**3,323**<br>At 1<br>December<br>2019|Cash flows<br>£<br>847|**2020**<br>**£**<br>**12,860**<br>**443**<br>**(11,800)**|2019<br>£<br>15,681<br>371<br>(11,244)|
|---|---|---|---|---|
||||**1,503**|4,808|
||||£<br>-<br>Other<br>changes|**£**<br>**4,170**<br>**At 30**<br>**November**<br>**2020**|
||**3,323**|847|**-**|4,170|



## **13 Analysis of cash and cash equivalents** 

## **14 Operating lease commitments** 

At the balance sheet date, the charity had no financial commmitment under non-cancellable operating leases. 

## **15 Legal status of the charity** 

The charity is a company limited by guarantee and has no share capital.  The liability of each member in the event of winding up is limited to £1. 

14 



**Power Praise & Deliverance Ministries International Worship Centre Notes to the financial statements For the year ended 30 November 2020** 

## **16 a. Analysis of net assets between funds - 2019 (prior year)** 

|Tangible fixed assets<br>Net current assets<br>**Net assets at the end of the year**|**General**<br>**unrestricted**<br>£<br>7,001,114<br>(42,693)<br>**6,958,421**|**Restricted**<br>£<br>-<br>-<br>**-**|**Total funds**<br>**£**<br>**7,001,114**<br>**(42,693)**|
|---|---|---|---|
||||**6,958,421**|



## **b. Movements in funds -2019 (prior year)** 

|**General funds**<br>Total Unrestricted Funds<br>**Total unrestricted funds**<br>**Total funds**|Transfers<br>£<br>£<br>£<br>£<br>**£**<br>6,942,740<br>98,862<br>(83,181)<br>-<br>**6,958,421**<br>At the start<br>of the year<br>Incoming<br>resources &<br>gains<br>Outgoing<br>resources &<br>losses<br>**At the end**<br>**of the year**|
|---|---|
||**6,942,740**<br>**98,862**<br>**(83,181) -**<br>**-**<br>**6,958,421**|
|||
||**6,942,740**<br>**98,862**<br>**(83,181) -**<br>**-**<br>**6,958,421**|



15