REGISTERED CHARITY NUMBER: 1068726
onal Charismatic Church
ouse of
er
ort of the Trustees and
Unauditsd Flnanel I
ents for the Year Ended 31 December 2023

Ins
irational Charlsm
Chureh
House or
er
Contents of the Financi81 Statements
for the
ear ended 31 December 2023
PAge
Reference 2nd Admini$tratlve Details
Report ofthe Trustees
Independent Examiner's Report
Statement of Flnanelal Activities
Bfilance Sheet
Notes to the Flnancial Statements
7 to 12
Detslled Statement of Finaneial Activities
13 to 14

irational Charismatie chU￿b
House of
er
Referenee and Administrative Detslls
for Ihe
ear ended 31 December 2023
TRUSTEES
Revd. Seth Mensah
Alex Teinor
Nana Marfo Bonsu
Kwabena O Bonsu
Ms Emelia Otua-Acheampong (appointed 7.1.23)
PRINCIPAL ADDRESS
171 Hertford Road
Edmonlon
London
N9 7EP
REGISTERED CHARITY
NUMBER
1068726
INDEPENDENT EXAMINER
Frank Jay & Co
Chartered Certified Accountants
89A Kingsland High Street
DalMon
London
E8 2PB
Page I

Ins
ng1
hmreh
ouse of
rt of the Trnstees
ear ended 31 December 2023
for the
The trustees present their reFM)rt with the financial ststements of the charity for the year ended 31 December 2023. The
trustees have adopted the provisions of Accounting and RegK)rting by Charities: Statement of Recommended Practice
applicable to charities preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (effective l January 2019).
OWEcfivES AND A￿1VITIEs
Objectives and alm$
The principal activities of the Charity have been:
a) To advance the Christian faith in a¢¢ordan¢e with the Sta*ment of beliefs appearing in the Schedule hereto in
London and in such other parts of the United Kingdom or the world as the Trustees may from time to time think fit.
b) To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress
caused thereby in London and in such other parts of the United Kingdom or the world as the TNstee$ may from tim¢ to
time think fit.
¢) To advanrx education in accordance with Christian principles in London and in such other parts of the United
Kingdom or the world as the Trustees may from time to time think fit.
d) To promote and fulfjl such other charitable puTw)ses beneficial io the community in London and in such other parts
of the United Kingdom or the world &8 the Trustees may from tim¢ to time think fit.
ACHIEVEMENT AND PERFORMANCE
Charltable aetlvltles
The global impact of the Covid-19 pandemic conlinues to afftct the attendance and membetship of the church.
However, the charity ¢ontinues to achieve a slowly S￿dY growth in several areas of the church.
The charity also embarked on community service and outreach programmes whereby we donated several food items to
individuals and people in the local community.
FINANCIAL REVIEW
Flnanclal posltlon
The charity continues to have a healthy financial position. voluntary income increased slightly by 2.76%. Overall, the
totsl funds of the charity increased to £1.857.970 as compared io £1.808.060 in the previous year.
Reserves pollcy
The Charity aims to retain sufficient reserve equivalent to a minimum of three months ovethead commitments of
£36,000, these reserves are held in liquid funds and this level of reserves has been maintained during most of the period
in question.
Golng eoneern
Based on the forecast and projections and ￿rf0MIan¢e of the Charity. the Board of Trustees is of the opinion that ICC
(House of Prayer) has adequate resour¢¢s to continu¢ in opet*ional existence for the foreseeable future.
srRUCTURE, COVERNANCE AND MANAGEMENT
Covernln8 document
The governing instruclrnent of the charity is its adopted constitution (Tn￿ deed) dated 12 January 1998.
Trnstee are appointed ty agreement of a quorum of the currenl trustees. The trustees meet at least 4 limes in th¢ year.
The day-lo-day operation of the charity is ￿ntrOlled and managed by the tn￿lee5.
Risk management
The truslees have assessed the major risks to whi¢h the charity is expose¢ in particular those relating to the operations
and finance of the charity and are satisfied that systems and controls are in place to mitigate their exposure to the major
risks.
Page 2

irational Charismatic Church
Hou5¢ of
er
rt of the Trustees
for the ear ended 31 December 2023
kb.. o.9Th6£1..2alL¥.... and signed on its behalf by:
Approved by order of the boanl of trustees on . .
Nana Marfo Bonsu - Trustee
Page 3

Inde
endent Exdminer'5 Re
ort to thc Trustees of
Ins
irational Charismalic Church
House of
rai'er
Independent examiner's report lo the trustees of Inspirational Charismatic Chur¢h (House of prayer)
I report lo the charity trustees on my examinalion of the accounts of ICC (House of prayer) (the Trusi) for the year
ended J l December ?0?"
Responsibilities and basis of report
As the charity trustees of ihe Trust you are responsible for thc preparntion of Ihe accounts in accordance iviih (he
requiremLnis of the Charities Act ?0 I i ('Ihe Act.).
I report in respect of my examinaiion of ihe T￿St'S accounts carried our under Section 145 of the Aci and in carrying
oul my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b)
of the Act.
Independent examiner's statemenl
Since your charity's gross income exceeded £?iO.000 Jour examiner musi be a member of a listed bod),. I can confimi
that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified
Accountants, %vhich is one of the lisied bodies.
I have completed my examination. I confirni ihat no material matters have come lo my attention in connection wilh the
examination giiving me cause io believe thai in any malerial respect-
accounting records were not kepi in respeci of the Trust as required by" Section 130 of ihe Act- or
the accounts do nol accord wilh those records: or
the accounts do not complv Ivith Ihe applicable requirenienls concernin(I
the fonn and contenl of acc()unts set
oui in the Charities (Accounts and R¢ports) Re?ulaiions ?008 other than any requiremeni Ihai the accounts give
a true and fair view which is not a matter considered as part of an independent examinaiion.
I have no concerns and have come across no oiher mallers in connection with the eiaminaiion to which attention should
be drdivn in Ihis report in order to enable a proper understsnding of the accounts io be reached.
Margaret Banwell(FCCA, MBA)
Frank JaN' & Co
Cliartered Certified Accounlanls
89A Kingsland Hi£h Sireel
Dalslon
London
E8 ?PB
13
10-?*
Page 4

Ins
iratlonal Charismgtle Chureh
er
Statement of Financlal Activities
ear ended 31 December 2023
31.12.23
Unrestrieted
funds
31.12.22
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
432,582
370.468
Investment income
1.742
Total
435 427
372.210
EXPENDITURE ON
Charitsble activities
Cost of church actlvities and ministries
Support costs
Governance costs
322,709
2,829
246,956
2,875
Total
385 517
306.067
NET INCOME
49,910
66,143
RECONCILIATION OF FUNDS
Total funds brought forward
1,808.060
,741,917
TOTAL FUNDS CARRIED FORWARD
1,857 970
1,808 060
The notes form part of these financial statements
Page 5

Ins
irational Charismalic Church
House or
er
Balance Sheet
31 Deeember 2023
31.12.23
Unrestricted
funds
31.12.22
Totsl
runds
Notes
FIXED ASSETS
Tangible assets
1,379216
.388,155
CURRENT ASSETS
Deblors
Cash at bank and in hand
io
18,312
461937
15,624
412.106
480249
427.730
CREDITORS
Amounts falling due within one year
(1,495)
(7,825)
NET CURRENT ASSETS
478 754
419.905
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,857,970
1,808,060
NET ASSETS
1857.970
1808,060
FUNDS
Unrestricted funds:
General fund
12
1857 970
1.808.060
TOTAL FUNDS
1857 970
1808,060
The financial statements were approved by the Board of Truslees and authorised for issue on
1.g.l..Qr3DAdL.2o2Jb..... and were signed on its behalf by:
Nana Marfo Bonsu - Trustee
George Kwame Defor- Treasurer
The notes fonn part of these financial statements
Page 6

las
iratlonal Ch
House or
er
Notes to the FSnaneial Statements
for the
ear ended 31 December 2023
ACCOUNTING POLICIES
Basis of preparing the finanelal statements
The financial statements of the charity. which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP (FRS 102) 'A¢counting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance wtth the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting SL￿dard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and th¢ Charities Act 2011. The financial statanents have been prepared under the historical cost
tonvention.
Incoming resourc
All income is recognised in the Ststement of Financial Activities once the charity has entitlement to the funds. it
is probable that the income will b¢ re¢eived and the amount can be measured reliably.
Voluntary income is received by way of donation& offering and tithe and is accounted for in the statement of
financial activities on receivable basis.
Donations under Gift Aid plus aSs￿lated tax re¢overy are recognised as income when the donation is rec¢iv¢d.
Resource expanded
Liabilities are recognised as expenditure as soon a5 the￿ is a legal or constructive obligation committing the
charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliabty. Expenditure is a¢¢ounted for on an a¢cruals basis and has
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to parti¢ular headings they have been allocated to activities on a basis consistent with the use of
resources.
Governance costs represents direct expenditure on the governance of the church. including the prLNluction and
independent s¢rutiny of th¢s¢ financial statements.
Support costs are those costs incurred indirectty in support of expenditure on the objectives of the Charity.
Tangible fixed assets
Depreciation is provided ￿ the following annual rates in order to wri* off each asset over its estimated useful
life.
Freehold property
Plant and machinery
Motor vehicles
in accordan¢e with the property
150/0 on cost
25Y• on cost
Taxation
The charity is exempt from tsx on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charttable obi¢ctives * the discretion of the trustees
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when f￿d5 are raised for particular restricied purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statemen
The Charity had no restricted funds in the curttnt or previous year.
Hire purchase and kasing Commitments
Rentals paid under operating leases are charged to the Ststement of Financial Activities on a straight line basis
over the peri(xi of th¢ lease.
Page 7
continued...

In$
irational Charnmatic Chureb
House of
Notes to the Financial Statements- continued
ror the ear ended 31 Deeember 2023
ACCOUNTING POLICIES- contlnoed
Pension costs and other post-retirement benefits
The charity operdtes a defined contribution pension scheme. Contributions payable to the charity's pension
scheme are charged to the Ststement of Financial Aclivities in the period to whi¢h they relate.
DONATIONS AND LECACIFS
31.12.23
31.12.22
Offerings
Donations and tithes
Gift aid
Harlow branch income
Northampton branch income
Luton branch income
47,325
135,420
57.652
42.645
30,280
12,695
110,155
55.183
31,585
20,261
140 589
432 582
INVESTMENT INCOME
31.12.23
31.1122
Rents received
Deposit a¢count interest
1.500
1,500
242
CHARITABLE AcfiviTIES COSTS
Support
eosts (see
note 5)
Dlre¢l
Costs
Totsls
Cost of church a¢tivities and rninistries
Support costs
Governance costs
322,709
322,709
2,829
2.829
385 517
SUPPORT COSTS
Covernanee
Flnanee
Totats
Support costs
Governance costs
2,829
2.829
59,979
Page 8
continued...

Ins
irational Charismat.
House of
er
Notes to the Finanelal Ststements- contlnued
for the esr ended 31 Deeember 2023
TRUSTEES, REMUNERATION AND BENEFITS
There were no tru5tees' remuneration or other benefits for the year ended 31 December 2023 nor for the year
ended 31 December 2022.
Trn$t¢es' expenses
There were no trustees, expenses paid for the year ended 31 De¢ember2023 nor for the year ended
31 December 2022.
STAFFCOSTS
31.1123
31.12.22
Wages and salaries
Other p￿slon Costs
58.347
1232
54.713
59,579
55.836
The average monthly number of employees during the year was as follows:
31.1123
31.12.22
Pastoral
No employees received emoluments in excess of £60.0(M).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL A￿1VITIEs
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Donations and lewi¢s
370,468
Investment Inc￿le
1.742
Total
EXPENDITURE ON
Charitsble gctivities
Cost of church a¢tivities and ministri¢s
Support costs
Governance costs
246.956
2,875
Totsl
306.067
NET INCOME
66,143
RECONCILIATION OF FUNDS
Total funds brought forward
,741,917
TOTAL FUNDS CARRIED FORWARD
1.808.060
Page 9
conlinued...

irational Charismatic Church
House of
ra
er
Notes to the Financial Statements- contlnued
for the
ear ended 31 Deeember 2023
TANGIBLE FIXED ASSETS
Freehold
property
Plant And
machinery
Motor
vehlcles
Tortal$
COST
At l January 2023
Additions
.471.791
201,864
21,050
1,694,705
9.791
At 31 December 2023
471791
211655
1704 496
DEPRECIATION
At l January 2023
Charg¢ for year
109.412
8,343
176,088
21,050
306550
At 31 December 2023
186 475
325 280
NET BOOK VALUE
At 31 Dettmber 2023
1,354 036
379216
At 31 December 2022
1362 379
388 155
io.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Members soft loans
Accrued incom¢
Prepayments
4.200
1,500
1,800
1,500
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Trade creditors
Taxation and social ￿UrIty
Other creditors
457
238
800
6.555
470
800
12.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fund
1,808,060
49,910
1,857,970
TOTAL FUNDS
1808.060
1,857,970
Page 10
continued...

Ins
Irational Chartsmatle Chmreh
House or
er
Notes to the Financial Statements - contlnued
for the
ear ended 31 December 2023
12.
MOVEMENT IN FUNDS - Continued
Net movement in fund5, in¢luded in the above are as follows:
In¢omlng
resources
Resources
expended
Movement
in funds
Unrestrleted funds
General fimd
435,427
(385.517)
49,910
TOTAL FUNDS
435 427
385 517)
Comparatlves for movement In ￿ndS
Net
movement
In funds
At
31.12.22
At 1.122
Unrestrlcled funds
General fund
.741,917
66,143
1.808,060
TOTAL FUNDS
1741917
1808 060
Comparative net movement in funds, included in the above are as follows:
Ineomlng
resources
Resourees
expended
Movement
In funds
Unrestrlcted funds
General fund
372,210
(306,067)
66,143
TOTAL FUNDS
372 210
306 067)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
In funds
At
31.1123
At 1.1.22
UDrestrlcted funds
General fund
1.741.917
116,053
1.857,970
TOTAL FUNDS
1741917
116053
1857 970
Pagell
continued...

IDS
irgtional Charismatic Church
House of
er
Notes to the Fin*nttal Statements- eontinued
ror Ihe
ear ended 31 December 2023
MOVEMENT IN FUNDS- eODtlnued
A Cu￿nI year 12 months and prior year 12 months combined net movement in fimds, included in the above are
as follows:
Incoming
resourees
Resources
expended
Movement
in funds
Unrestrieled funds
General fund
807,637
(691.584)
116.053
TOTAL FUNDS
807 637
691584)
116,053
13.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2023.
Pag¢ 12

irati01121 Charismatie Cburch
House of
er
Detailed Statement of Finaneial Activities
for the
ear ended 31 December 2023
31.1123
31.12.22
IIYCOME AND ENDOWMENrs
Donations and legacies
Offerings
Donations and tithes
Gift aid
Harlow branch income
Northampton branch income
Luton branch income
47,325
135,420
57,652
42,645
30.280
119.260
12,695
110.155
55,183
31,585
20,261
140.589
432.582
370.468
Investrnent Income
Rents received
Deposit account interesl
1,500
1.345
1,500
242
Totsl incomlng resollr¢es
435,427
372210
EXPENDITURE
Charltable actlvities
Security ¢osts
Repairs and maintenance
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Donation and welfare
Cleaning and decoration
Chxldren's and Youth ministy
Ghana branch costs
Harlow branch costs
Luton branch costs
Ministy and outreach
Northampton bran¢h costs
Wornen's ministy costs
Equipment expensed
Depre¢sation of tangible fixed assets
480
6,960
2,659
1,966
3,852
3,166
1.659
28.131
1.342
9239
51.458
45.208
83,719
36,374
22.369
4,000
1,397
18.730
480
6,773
2.436
1.781
3,323
2.354
.835
21,400
,003
2,632
21,399
30,930
77.118
28,491
20,100
,950
5.690
17.261
322,709
246,956
Support costs
Finance
Bank charges
2,829
2.875
Governanee eosts
Wages
Carried forward
58.347
58,347
54,713
54.713
This page does noi form part of the statutory financial statements
Page 13

Iratlon
matie Church
House of
er
Detailed Slatemetht of finaneial Actfvities
for the
ear ended 31 December 2023
31.1123
31.12.22
Governan¢¢ costs
Brought forward
Pensions
Examin&s fee
58.347
1,232
400
54,713
1,123
400
56
Total resources expended
385 517
306,067
Net Income
49.910
This page not forni part of the ststutory finan¢ial statements
Page 14