This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

Charity Registration No. 1080534 Company Registration No. 03877993 (England and Wales)

THE CHRISTIAN HEALING MISSION (A CHARITABLE COMPANY LIMITED BY GUARANTEE)

TRUSTEES' REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

THE CHRISTIAN HEALING MISSION

	Page
Trustees'Report	1-6
IndependentExaminer's Report	7
Statement ofFinancialActivities(including
incomeand expenditure account)	8
Balance Sheet	9
Notesto theAccounts	10- 17

THE CHRISTIAN HEALING MISSION TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees, who are also the directors of The Christian Healing Mission ("the charity") ("CHM") for the purposes of company law, are pleased to present their annual report together with the financial statements of the charity for the year ending 31 December 2024 which are also prepared to meet the requirements for a directors' report and financial statements for the purposes of the Companies Act 2006.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charitable company's memorandum and articles, the Companies Act 2006, 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 (FRS 102) and section 1A of FRS 102.

Legal and administrative information

Trustees	Mrs Elizabeth Barker
	Mr Gregory George
	Mr Stuart Walker
	Mrs Rachel Pim
Secretary	Mrs Elizabeth Nicoll
Director	Reverend Robert Wynford-Harris (appointed 1 January 2025)
Charity number	1080534
Company number	03877993
Registered Office	International House,
	142 Cromwell Road, London,
	England, SW7 4EF
Independent Examiner	Steve Ellum
	Steve Ellum & Associates Limited
	Chartered Accountants
	Adulam House,Glan Yr Afon, Llanelli SA15 3QB
Bankers	CafCash Limited
	Kings Hill
	West Malling Kent
	ME19 4TA
Investment advisors	Ruffer Investment Management Limited
	80 Victoria Street
	London
	SW1E 5JL

THE CHRISTIAN HEALING MISSION TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Chairman's report

Whilst the Lord’s timing is not always ours, it is always perfect! Since the retirement of John and Gillian Ryeland at the end of 2022 we have been seeking the Lord for a new Director to take on the work of the CHM they so ably led into the next chapter. After much searching we are delighted to confirm the appointment of the Rev Robert Wynford Harris from 1 January 2025.

Rob has been an ordained Anglican minister for 16 years and he and his wife, Anthea, have been involved with CHM from time to time, in different capacities for a number of years. Healing has been a great part of his personal journey and ministry. In each of his parishes he had arranged workshops and training for prayer ministers based on CHM’s style and led by John Ryeland. His vision is for a hybrid type of ministry, continuing with online encounter prayer zoom sessions but adding to this, face to face ministry, training, celebrations and events with the aim of publicising CHM, recruiting and using existing ambassadors and enabling healing in various locations around the UK. He would like to build on the network of churches who have had contact with CHM in the past and invest time and training in other churches, denominations, Christian groups and retreat centres – blessing what God is doing and looking at what help they might need to develop the healing ministry.

We are so grateful to Liz Nicoll (our Administrator) and Suzanne Brooks (based in South Africa) whose contract was extended for a further six months to June 2025. Weekly zoom encounter prayer sessions organised, led and administered by them and a wonderful team of volunteer facilitators have attracted new and regular attendees. There have been some lovely testimonies of what God has been doing during these sessions. All Staff and volunteers (12 out of 15) have completed the Basic Awareness Safeguarding Course run by The Church of England. We are waiting for the remaining volunteers (who have had extenuating circumstances) to complete the course.

It was agreed that in the absence of a director, some spiritual oversight on a regular basis should be offered to Liz and Suzanne. Anthea Platt, wife of Rob Wynford-Harris, chaplain at a girls school and who had a placement with CHM when training for the ministry, agreed to take this on. She was, and is, a regular attendee of the weekly online prayer sessions. She and Rob also led a refreshment session for the team at the end of the year which was gratefully received. The intercessors are being kept busy with requests from our website forms, telephone messages and weekly sessions and we are so grateful to them. The Lord has continued to bless and provide for the continuing work of the Mission financially, through the generosity of so many wonderful supporters.

We are so thankful to the Lord for His continued blessing and provision and are excited at all He has in this next chapter and the many opportunities opening up to make Him known.

Elizabeth Barker

Chairman of Trustees and Board of Directors 19 June 2025

THE CHRISTIAN HEALING MISSION TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Structure, governance and management

The Christian Healing Mission ("the charity") ("CHM") is a company limited by guarantee. It was originally created by a Trust Deed dated 17 July 1950, subsequently amended in 1984 and 1994. The charitable company was incorporated on 16 November 1999 and took over the activities of the charity with effect from 1 January 2001. The charitable company was established under a Memorandum of Association which set out the objects and powers of the company. The charitable company is governed by its Articles of Association.

The trustees who served during the year were: Mrs Elizabeth Barker Mr Gregory George Mr Stuart Walker Mrs Rachel Pim

The Trust Deed under which the charity was founded specifies that the trustees may be nominated by other trustees.

None of the trustees has any beneficial interest in the charitable company. All of the trustees are members of the company and guarantee to contribute £10 in the event of a winding up.

The charity has reviewed the risks which impact on its work and has given particular attention to those which are considered more likely, or more important. Major consideration has been given to succession planning following the resignation of the Director at the end of the year and strengthening the Board of Trustees.

The investments have not performed as well as previous years, with market performance continuing to be disappointing over the year. A loss of £101,417 has been reported. The investments are managed by experienced fund managers and their performance is monitored regularly. We have confidence that the long term strategies in place will result in positive growth next year.

A procedure for operation by those involved in facilitating prayer ministry has been refined in order to protect employees and volunteers from false accusation. The charity has also reviewed the existing controls to deal with health and safety, staff welfare and risks associated with delivering Encounter Prayer online.

The trustees consider that the actions taken in risk management will mitigate the major risks and they intend to continue to review and manage these and other risks as they are identified.

The trustees consider the board of trustees (who are directors of the company for the purposes of company law) and the Director to comprise the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day to day basis. All trustees give of their time freely and received no remuneration during the year (see note 9). The pay of senior staff is determined by The Church of England and is ratified by the trustees. Pay is reviewed annually and is normally increased in line with average earnings.

Trustee induction procedures are largely relational, whilst still providing necessary information and guidance. Once a potential trustee is identified by the Board, the Chairman arranges an informal meeting to discuss this opportunity. A second meeting with another trustee follows, as well as the provision of information produced by the Charity Commission about the role and duties of a trustee, a copy of the annual accounts, minutes of the past year's board meetings and copies of the Articles and Memorandum of Association. After meeting with CHM staff, the prospective trustee is invited to observe a board meeting before final decisions are taken.

THE CHRISTIAN HEALING MISSION

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Objectives and activities

The charity's object, and the company's principal activity, is to operate and develop a ministry of healing in the name of Jesus Christ.

It is the policy of the trustees to fulfil the objectives of the charity by:

a) Organising healing events;
b) Providing training;
c) Giving talks on all aspects of Christ's healing ministry;
d) Networking with clergy and other interested parties;
e) Providing the means for people to access the Church's ministry of healing;
f) Encouraging individuals to further this ministry in their own areas;
g) Maintaining a core of intercessory prayer.

The charity's activities deliver public benefit as they are open to everyone.

Achievements and performance

Prayer Ministry

CHM continued to offer prayer ministry free of charge to those in need, regardless of their faith background. This could be accessed online.

A weekly reflection and prayer in a group setting on Zoom had been well received and continued to prove popular.

A team of 14 Volunteers from various church backgrounds, supported the weekly sessions and took responsibility for the breakout rooms as facilitators.

Five of this team of volunteers have also written and led sessions over the year.

The online prayer request line had continued to be well used and supported by a large team of CHM intercessors.

Teaching and Training in the healing ministry

CHM’s online training course, Exploring Christian Healing, had continued to attract subscribers from all around the UK and abroad. This had been offered free to any interested individuals or churches so that everyone could have access to good quality teaching.

A new online training course, ‘ Exploring Encounter Prayer ’, had been added to the website for use by individuals or groups.

Other teaching material and worship resources are freely available online.

Networking and encouragement

CHM staff continued to liaise with a range of people from local churches across the country, to offer support, encouragement and guidance.

A Christmas social was arranged online for volunteers and staff.

Encounter prayer was being offered by staff and volunteers in their own church settings and networks.

THE CHRISTIAN HEALING MISSION

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Resources

A regular newsletter outlining events, resources and opportunities had been sent to all supporters.

The free daily devotionals supplied by John Ryeland had continued to be well received with regular positive feedback and sent out daily to many subscribers.

A free 2025 calendar was sent out to our supporters and available online.

Free material continued to be posted regularly throughout the year on email, Facebook and lnstagram.

Good governance

Quarterly Board meetings took place, with management accounts and reports presented at each meeting.

Policies and Risk Assessments were reviewed and updated annually.

Financial review

The trustees are satisfied that the charitable company has maintained a position from which it may actively pursue the objectives for which it was formed.

Although the charity has a relatively modest income stream from activities and donations, it has adequate investment reserves to draw upon if required, in the medium to longer term.

The charity’s level of expenditure remains sustainable. Although Donation income was lower than the previous year, investment income performed better than last year resulting in income of £92k (2023 - £70k).

The investments have performed better than the previous year despite numerous global factors affecting markets. The result is a reported loss on investments of £101k (2023 - £172k).

Investment policy

The trustees have established an investment policy whereby the unrestricted funds not invested in tangible fixed assets are invested by investment fund managers to provide income which will enable the company to pursue the principal activity set out above.

Reserves policy

It is the policy of the charity that those funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months' expenditure. The trustees consider that the reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charitable company's current activities while consideration is given to ways in which additional funds may be raised and/or expenditure reduced. This level of reserves has been maintained throughout the year, an amount of £30k representing 6 months’ worth of expenditure.

THE CHRISTIAN HEALING MISSION

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Responsibilities of the Trustees

The trustees (who are also directors of The Christian Healing Mission for the purpose of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including income and expenditure. In preparing these financial statements, the trustees are required to:

Select suitable accounting policies and then apply them consistently
Observe the methods and principles in the Charities SORP
Make judgements and estimates that are prudent and reasonable
State where applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees have complied with the guidance issued by the Charity Commission in respect of Public Benefit.

The above report has been prepared in accordance with the special provisions relating to small companies within part 15 of the Companies Act 2006.

On behalf of the Board of Trustees

Mrs Elizabeth Barker

Chair of the Board of Trustees

Dated: 19 June 2025

THE CHRISTIAN HEALING MISSION

INDEPENDENT EXAMINER’S REPORT TO THE DIRECTORS OF THE CHRISTIAN HEALING MISSION (“the Company”)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024, which are set out on pages 8 to 19.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").

Having satisfied myself that the accounts of the Company are not required to be audited under part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying 9ut my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a "true and fair view" which is not a matter considered part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

fiaZL

Steve Ellum

Steve Ellum & Associates Limited Chartered Accountants Adulam House Glan Yr Afon Llanelli SA15 3QB

Dated: : 19 June 2025

THE CHRISTIAN HEALING MISSION STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account) FOR THE YEAR ENDED 31 DECEMBER 2024

		Unrestricted	Restricted	Total	Total
		Funds	funds	2024	2023
	Notes	£	£	£	£
Income and endowments from:
Other donations and legacies	2	16,405		16,405	23,433
Charitable activities	4	392		392	725
Investment income	3	75,256		75,256	46,243
Total income		92,053		92,053	70,401
Expenditure on:
Raising funds	5	568		568	443
Charitable activities:
Ministry and teaching	6	52,457		52,457	59,348
Total expenditure		53,025		53,025	59,791
Net (expenditure) income before
investment gains		39,028		39,028	10,610
Net (loss) gains on investments		(101,417)		(101,417)	(171,862)
Net expenditure for the year and
Net movement in funds		(62,389)		(62,389)	(161,252)
Fund balances at 1 January 2024		2,460,461		2,460,461	2,621,713
Fund balances at 31 December 2024	17	2,398,072		2,398,072	2,460,461

THE CHRISTIAN HEALING MISSION

BALANCE SHEET AS AT 31 DECEMBER 2024

	Notes	2024	2024	2023	2023
Fixed assets
Tangible assets	11		-		-
Investments	12		2,225,396		2,326,813
			___		___
			2,225,396		2,326,813
Current assets
Stocks		1,401		1,668
Debtors	13	2,296		2,320
Cash at bank and in hand		175,630		136,854
		___	____
		179,327		140,842
Creditors: amounts falling due within
One year	14	(6,651)		(7,194)
		___	____
Net current assets			172,676		133,648
			___		__
Total assets less current liabilities			2,398,072		2,460,461
Creditors: amounts falling due after
More than one year	14		0		0
			___		__
			2,398,072		2,460,461
			___		__
Income funds
Unrestricted funds	17		2,398,072		2,460,461
Revaluation Reserve	17		0		0
			___		__
			2,398,072		2,460,461
			___		__

For the financial year ended 31 December 2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities:

(a) The members have not required the company to obtain an audit of the financial statements for the year in question in accordance with section 476;
(b) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

Approved by the Board for issue on 19 June 2025.

Mrs Elizabeth Barker Director

Mr Gregory George Director

Company Registration No. 03877993

THE CHRISTIAN HEALING MISSION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting policies

1.1 Basis of preparation

The financial statements 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 (FRS 102), section 1A of the Financial Reporting Standard applicable in the UK and Republic of Ireland ("FRS 102") and the Companies Act 2006. No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the trustees.

1.2 Income and endowments

Donations and any related tax recoverable are recorded on the date that the donation is received. Legacies are recorded when the charity is notified of its legal entitlement and the amount receivable is quantifiable and its ultimate receipt is reasonably certain. Dividend and interest income is recorded when its existence is notified to the charity by its bankers or investment managers.

1.3 Expenditure

All costs are recognised when the liability is incurred and can be quantified with reasonable accuracy. Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which it relates. Items of expenditure are allocated directly to charitable expenditure on ministry or support costs. The support costs relate solely to the ministry and teaching activity. There is no apportionment of costs. Governance costs include the independent examiner's fees, trustees' insurance and professional fees incurred for the purposes of governance.

1.4 Tangible fixed assets and depreciation

Tangible fixed assets other than the freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Freehold land Not depreciated Freehold buildings 2% per annum on cost of buildings Plant and machinery 10% per annum on written down value Fixtures, fittings and equipment 25% per annum on written down value

No depreciation is provided in respect of freehold land. Freehold land is estimated by the directors to comprise approximately 15% of the total cost of land and buildings.

1.5 Investments

Fixed asset investments take the form of a managed investment fund. The fund is stated at fair value at the balance sheet date. The fund has been placed in the hands of professional investment managers who undertake investment decisions on behalf of the trustees within agreed parameters.

Investment properties are included in the balance sheet at their fair value. Depreciation is not provided in accordance with the Charities SORP (FRS 102) and FRS 102. This is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the trustees, compliance with the standards is necessary for the financial statements to give a true and fair view. Depreciation is only one of the many factors reflected in the annual valuation and the amount which might otherwise have been charged cannot be separately identified or quantified.

THE CHRISTIAN HEALING MISSION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Realised and unrealised gains and losses on investments and investment properties are included in the statement of financial activities as "Net gains/(losses) on investments".

Investments are classified as current asset investments when it becomes certain that the investment will fall to be realised within a period of 12 months from the balance sheet date.

1.6 Stock

Stock is valued at the lower of cost and net realisable value. Stocks comprise printed material used in support of the ministry.

1.7 Pensions

The charitable company has operated a defined contribution pension scheme. Contributions were charged in the accounts as they became payable in accordance with the rules of the scheme.

One employee was a member of a multi-employer defined benefit scheme where it was not possible to determine the appropriate share of the underlying assets and liabilities. The pension costs were accounted for on the basis of contributions actually payable to the scheme in the year. Agreed deficit recovery payments were recognised as a liability.

1.8 Accumulated funds

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of restricted funds are set out in the notes to the accounts.

1.9 Donated assets and services

In accordance with the Charities SORP (FRS 102), the value of volunteer help is not included in the financial statements but is acknowledged in the annual report.

Donated assets are recognised as income when the charity has control over the item, any conditions attached to the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably.

On receipt, donated assets are recognised as income on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain an asset of equivalent economic benefit on the open market; a corresponding amount is then recognised as an asset in the period of receipt.

1.10 Financial Instruments

The charity only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as other debtors and creditors, which are measured at settlement value. Impairment losses are recognised in the Statement of Financial Activities.

THE CHRISTIAN HEALING MISSION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

2
3
4
5
6

Donation and legacies
2024
2023
£
£
Other donations
13,405
18,433
Legacies
3,000
5,000
_
_
16,405
23,433
–––––––
–––––––
Investment Income
2024
2023
£
£
Income from listed investments
62,261
31,488
Rental income from investment property
12,688
14,500
Interest receivable
307
255
_
_
75,256
46,243
–––––––
–––––––
Income from charitable activities
2024
2023
£
£
Publications, conferences and speaking engagements
392
725
Raising funds
Investment property management costs
568
443
__

Charitable activities
Staff Depreciation/
Other
Total
Total
Costs
loss on
costs
Disposal
2024
2023
£
£
£
£
£
Ministry and teaching
Activities undertaken directly
13,221
-
405
13,626
20,856
Support costs
31,061
-
7,770
38,831
38,492
–––––––
–––––––
––––––– ––––––– –––––––
44,282
-
8,175
52,457
59,348
_

_ _ _____
Total expenditure
44,282
-
8,175
53,025
59,791

THE CHRISTIAN HEALING MISSION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

7 Support Costs

Support Costs
	Ministry	Total	Total
	And	2024	2023
	Teaching
	£	£	£
Communications	2,267	2,267	2,641
Staff costs	31,061	31,061	30,009
Other support costs	4,604	4,604	3,558
Governance costs	899	899	2,284
	_	_	_
	38,831	38,831	38,492
	_	_	_

Governance costs include payments to the independent examiner of £1,140 (2023: £1,140) for independent examination fees together with payments for trustees’ indemnity insurance of £233 (2023: £253)

8 Trustees

No trustee (or any persons connected with them) received any remuneration during the year (2023: £nil). No travel expenses were paid during the year (2023: £nil). No pension benefits are accruing to any trustee.

9 Employees

Number of employees

The average monthly head count was 2 staff (2023: 3 staff). The average monthly number of fulltime equivalent employees during the year was

	2024	2023
	Number	Number
	£	£
Direct charitable activities	0	0
Support staff	2	2
	______	_____
	2	2
	______	______
Employment costs
	2024	2023
	£	£
Wages and salaries	43,342	37,818
Social security costs	-	669
Other pension costs	940	855
	_	_
	44,282	39,342
	_	_

THE CHRISTIAN HEALING MISSION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

9 Employees (continued)

There were no employees whose annual remuneration was £60,000 or more.

The key management personnel of the charitable company comprise the trustees and the managing director. The total employee benefits of the key management personnel of the charitable company were £nil (2023: £nil). The trustees received no remuneration (2023: £nil) (note 8).

10 Taxation

The charitable company is exempt from corporation tax by virtue of its charitable status.

11 Tangible fixed assets

	Fixtures,	Total
	fittings &
	Equipment
	£	£
Cost
At 1 January 2024	2,288	2,288
Additions (revaluation)	-	-
Disposals	-	-
	_	__
	2,288	2,288
	_	__
Depreciation
At 1 January 2024	2,288	2,288
Charge for the year	-	-
Disposals	-	-
	_	__
	2,288	2,288
	_	__
Net book value
At 31 December 2024	-	-
	_	__
At 31 December 2023	-	-
	_	__
Net book value at 31 December 2024 represents fixed assets used for:
Direct charitable purposes	-	-

THE CHRISTIAN HEALING MISSION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

12 Fixed Asset Investments

	Listed	Investment	Total
	Investments	property
	£	£	£
Fair value at 1 January 2024	2,096,813	230,000	2,326,813
Disposal proceeds	-	-	-
Portfolio Revaluation	(101,417)	-	(101,417)
Additions	-	-	-
	__	__	__
Fair value at 31 December 2024	1,995,396	230,000	2,225,396
	__	__	_

The trustees have determined the fair value of the investment property at 31 December 2020 based on a valuation report dated 27 September 2019 prepared by William Saxby Limited, Chartered Surveyors, for the purpose of preparing the accounts. The valuation of £230,000 reported by William Saxby Limited was market value on an existing use basis at the date of their report.

Investments are held to provide an investment return for the charitable company.

There are no listed investments shown as current assets (2023: £nil).

13	Debtors
		2024	2023
		£	£
	Other debtors	1,460	1,376
	Prepayments and accrued income	836	944
		_	_
		2,296	2,320
		_	_
14	Creditors: amounts falling due within one year
		2024	2023
		£	£
	Taxes and social security costs	411	435
	Other creditors	3,000	3,000
	Accruals	3,240	3,759
		_	_
		6,651	7,194
		_	_

Other creditors includes the £3,000 deposit held for the Acton Mews rental property.

THE CHRISTIAN HEALING MISSION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

15 Related party transactions

There were no transactions with related parties during the year other than as disclosed in note 9 (2023: £nil) and there were no balances outstanding with related parties as at 31 December 2024 (2023: £nil).

16 Members’ guarantees

Each member has undertaken to contribute a maximum of £10 in the event of a winding up of the company. The total maximum guarantees pledged at 31 December 2024 was 10 (2023: 10).

17 Funds

	Unrestricted	Restricted	Total
	funds	funds
	£	£	£
Brought forward	2,460,461	-	2,460,461
Income in year	92,053	-	92,053
Expenditure in year	(53,025)	-	(53,025)
Investment loss in year	(101,417)	-	(101,417)
	–––––––––	––––––––	––––––––
Carried forward	2,398,072	-	2,398,072
	___	__	__
Analysis of net assets between funds
	Unrestricted	Total	Total
	funds	2024	2023
	£	£	£
Fund balances at 31 December 2024 are represented by:
Tangible fixed assets	-	-	-
Investments	2,225,396	2,225,396	2,326,813
Current assets	179,327	179,327	140,842
Creditors: amounts falling due within one year	(6,651)	(6,651)	(7,194)
Creditors: amounts falling due after more than one year	-	-	-
	__	__	__
	2,398,072	2,398,072	2,460,461
	__	__	__

18 Analysis of net assets between funds

THE CHRISTIAN HEALING MISSION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

19 Statement of Financial Activities (including the income and expenditure account) for the year ended 31 December 2023

	Unrestricted	Restricted	Total
	Funds	funds	2023
	£	£	£
Income and endowments from:
Donations and legacies	23,433		23,433
Charitable activities	725		725
Investments	46,243		46,243
	___	___	___
Total income	70,401		70,401
	___	___	___
Expenditure on:
Raising funds	443		443
Charitable activities:
Ministry and teaching	59,328		59,328
	___	___	___
Total expenditure	59,791		59,791
	___	___	___
Net income before investment gains	10,610		10,610
Net loss on investments	(171,862)		(171,862)
	___	___	___
Net expenditure for the year and
Net movement in funds	(161,252)		(161,252)
Fund balances at 1 January 2023	2,621,713		2,621,713
	___	___	___
Fund balances at 31 December 2023	2,460,461		2,460,461
	___	___	___

2024-12-31-accounts

THE CHRISTIAN HEALING MISSION (A CHARITABLE COMPANY LIMITED BY GUARANTEE)

CONTENTS

Chairman's report

Elizabeth Barker

Structure, governance and management

Objectives and activities

Achievements and performance

Prayer Ministry

Teaching and Training in the healing ministry

Networking and encouragement

Resources

Good governance

Financial review

Investment policy

Reserves policy

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Responsibilities of the Trustees

Mrs Elizabeth Barker

Responsibilities and basis of report

Independent examiner's statement

fiaZL

Steve Ellum

THE CHRISTIAN HEALING MISSION STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account) FOR THE YEAR ENDED 31 DECEMBER 2024

BALANCE SHEET AS AT 31 DECEMBER 2024

1. Accounting policies

Company Information

1.1 Basis of preparation

1.2 Income and endowments

1.3 Expenditure

1.4 Tangible fixed assets and depreciation

1.5 Investments

1.6 Stock

1.7 Pensions

1.8 Accumulated funds

1.9 Donated assets and services

1.10 Financial Instruments

7 Support Costs

8 Trustees

9 Employees

Number of employees

9 Employees (continued)

10 Taxation

11 Tangible fixed assets

12 Fixed Asset Investments

15 Related party transactions

16 Members’ guarantees

17 Funds

18 Analysis of net assets between funds

19 Statement of Financial Activities (including the income and expenditure account) for the year ended 31 December 2023