Registered Charity Number 1086729
## **PHILADELPHIA CHURCH INTERNATIONAL**
Annual Report and Statement of Accounts
for the year ended
31 March 2025
## **FP Associates Limited**
36A Goodmayes Road Ilford, Essex IG3 9UR
## **PHILADELPHIA CHURCH INTERNATIONAL Report and accounts Contents**
||**Page**|
|---|---|
|Trustee's Report|1|
|Statement of trustees' responsibilities|6|
|Accountants' report|7|
|Statement of Financial Activities|9|
|Income and Expenditure account|10|
|Recognised Gains and Losses|11|
|Movements in Accumulated Funds|12|
|Balance sheet|13|
|Notes to the accounts|14|
|Detailed Statement of Financial Activities|18|
## **PHILADELPHIA CHURCH INTERNATIONAL**
## **The report of the trustees for the year ended 31 March 2025**
## **Introduction**
The Trustees present their annual report and accounts for the year ended 31 March 2025.
The Board of Trustees are satisfied with the performance of the charity during the year and the position at 31 March 2025 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
## **Name, registered office and constitution of the charity**
The full name of the charity is the Philadelphia Church International.
The legal registration details are :-
_Date of formation_ 8 February 2001 _The Principal Office is_ 138 Kinfauns Road, Ilford, Essex IG3 9QN _Charity Registration Number_ 1086729
## **Objectives and Activities of the Charity**
## _**A summary of the objects of the charity as set out in its governing document.**_
Philadelphia Church International is commited to serving the Gospel of Jesus Christ across the world. This includes meeting together to pray and worship God, provide teaching from the Old and New Testament of the Bible, giving time for questions and discussions, providing spiritual and material support to our branches in the UK and other countries and counselling and feeding the poor and needy.
The full name of the charity is the Philadelphia Church International. In the year 2005 an additional name was registered with the Charity Commission - Good Samartitan Fund. The charity continues to run based on the contribution of volunteers and we would like to express our gratitude for their contribution in the fulfilment of our objectives.
## _**The contribution of volunteers**_
The Church continues to run based on the contribution of volunteers and we would like to express our gratitude for their contribution in the fulfilment of the charity's objectives.
## _**Summary of main activities of the charity in relation to its objects**_
## _Sunday Services_
We meet every Sunday for praise and worship to our Lord Jesus Christ, teaching from the Bible, question and answer time, a Bible study and a Sunday School for the Children. We provide a meal each week for those in need and those who wanted to stay and fellowship together.
## _Weekly Meetings_
Youth meetings were held every Monday, except one Monday per month which was for the Leadership Team meeting. Prayer and Bible Study meetings were held each Friday evening. Each Tuesday and Wednesday evening the Music Group and Choir meet together to practice the songs for the next Sunday meeting.
1
## **PHILADELPHIA CHURCH INTERNATIONAL**
## **The report of the trustees for the year ended 31 March 2025**
## _Last Saturday of each Month_
A meeting for the Sunday School group is held on the last Saturday of each month in the afternoon and the Youth Fellowship is held in the evening. Members of the Leadership Team organise this and are present throughout to supervise.
## _Day Trips_
Day trips were organised for the Youth to the local park.
## **Achievements and Performance of the Charity**
## _**Fundraising activities**_
The charity relies on grant aid from the donors identified in the accounts, whose support is valued. This year Philadelphia Church International did not organise any fund raising events such as street collections or house-to-house collections.
## _**Summary of the main achievements of the charity during the year**_
## _Wages_
During this year we continued to employ an office administrator on a part time basis.
## **Charity Funds**
In addition to the General Fund that is used for regular day to day charity activities in the furtherance of the charity objectives, there are a number of restricted funds:
- Good Samaritan Fund
- Israel Fund
- New Building Fund
## _**Good Samaritan Fund**_
## _Orphanage_
The Fund, which was set up in August 2005, has continued to help those in need of essential provisions. This year the fund has continued providding humanitarian support to assist displaced people in Ukraine. This was done through sending second hand clothing, medical supplies and essentials to people and churches in Ukraine directly.
## _**Israel Fund**_
This fund raised donations in support of Philadelphia Church branch that is based in Israel.
## _**New Building Fund**_
The charity continued to add to the restricted fund 'New Building Fund' to raise funds towards purchasing premises for the charities activities.
## **Operational Activities**
The charity continues to lease an office space in order to be able to carry out its work.
## Those activities include:
- Publishing Christian monthly magazines, producing video and audio materials with recordings of church services.
P k i d di t ib ti f l t i i lit t d Ch i ti b k t b t t
2
## **PHILADELPHIA CHURCH INTERNATIONAL**
## **The report of the trustees for the year ended 31 March 2025**
- Packaging and distribution of parcels containing literature and Christian books to be sent to our branches abroad (including Switzerland, Belgium, Russia, Israel and many other destinations). - Continual updating of our website with recent sermons and news items. - Receiving telephone calls. - Responding to e-mails which are sent via our website with various enquiries.
## _Transportation_
Due to the new ULEZ expansion zone coming into force, we had to use the scrappage scheme set up by theGovernment to discpose of the vehicle we had and purchase a new second hand vehicle.
## **Structure, Governance and Management**
## _**Nature of the Governing Document and constitution of the charity**_
The charity is an unincorporated association governed by a Trust Deed. Eligibility for membership of the charity amd membership of the Board of Trustees is governed by the Trust Deed. There are no restrictions in the governing document on the operation of the charity or on its investment powers, other than those imposed by charity law.
## _**The methods adopted for the recruitment and appointment of new trustees**_
New Trustees are introduced based on recommendations of the Board of Trustees and the Leadership Team. They are generally upstanding members of the Christian community.
## _**The organisational structure of the charity and how decisions are made.**_
Within the Philadelphia Church International we have a Leadership Team, which comprises of the Pastor, the Deacon and Deaconess, the Church Secretary and a small group of leaders. The Leadership Team meet together once a month to discuss the issues in the Charity, the financial needs and how they will be met, as well as future Church events.
All financial decisions are discussed within the team and are finally agreed upon by the
Pastor and Secretary (who are also the Trustees of the charity), Deconess and Deaconess.
.The charity is open to the usual financial risks of any organisation, and the charity has introduced controls to minimise these risks, such as two signatures being required for payments from the bank account. In addition, the accounts are regularly explained to members of the charity and are open for member's inspection at any time.
## **Financial Review**
## _**Policies on reserves**_
The Trustees have resolved to establish reserves to provide for future activities.
The policy on reserves is that the existing assets are retained to produce income which is wholly utilised to support existing activities. This policy is justified in that it is necessary to preserve income at the present levels in order to maintain the activities of the charity.
## _**Funds in deficit**_
3
## **PHILADELPHIA CHURCH INTERNATIONAL**
## **The report of the trustees for the year ended 31 March 2025**
There were no funds in deficit.
4
## **PHILADELPHIA CHURCH INTERNATIONAL**
## **The report of the trustees for the year ended 31 March 2025**
## _**Principal funding sources and how expenditure in the year under review has supported the key objectives of the charity.**_
The Church is run solely on donations. There are no investments or grants. Each Sunday the donations are counted and the cash donations form filled in. The form is checked and signed by two signatories - the Church Secretary and a member of the Leadership Team. All cheques are authorised by the pastor and the Church Secretary monitors expenditure.
All donations that are given to the Church are distributed sensibly in accordance to needs.
## _**Availability and adequacy of assets of each of the funds**_
The Board of Trustees is satisfied that the charity's assets in each fund are available and are adequate to fulfil its obligations in respect of each fund.
## _**Transactions and Financial position**_
The financial statements are set out on pages 8 to 12. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and 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. As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.
The Statement of Financial Activities show net incoming resources for the year of a revenue nature of £35,024.
The total reserves at the year end stood at £262,733.
A majority of the expenditure is spent on acheiving the charitable objectives and the governance of the charity.
## _**Specific changes in fixed assets**_
Changes in fixed assets are shown in detail in Changes in fixed assets are shown in detail in **the notes** to the accounts.to the accounts.
There were no movements in fixed assets during this financial year.
## **Plans for Future Periods**
It **The name of the Chief Executive Officer and other senior staff member(s) to** is our aim to continue to serve the Gospel of Jesus Christ across the world, providing material and spiritual support for those in need. **whom day to day management of the charity is delegated by the charity trustees.**
**The members of the Board of Trustees of the Charity during the year ended 31st March 2023 were :-**
Rev. Taysa Kotov Rev Jan Owbridge Martha Van Deventer
## **Bankers**
Barclays Bank Plc, Ilford Group, Essex
5
## **PHILADELPHIA CHURCH INTERNATIONAL**
## **The report of the trustees for the year ended 31 March 2025**
## **Independent Examiner**
Fumi Popoola B.Sc(Econ) FCCA CTA FP Associates Limited 36A Goodmayes Road Ilford Essex IG3 9UR
## **Statement of Trustees' Responsibilities**
Charity Law requires the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material
The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Rev Taysa Kotov**
Trustee
6
## **PHILADELPHIA CHURCH INTERNATIONAL**
## **Independent Examiner's Report**
## **Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 March 2022**
I report on the financial statements of the Charity which comprise the Statement of Financial Activities, the Profit and Loss Account, the Balance Sheet and the related notes, as set out on pages 8 to 15. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and 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.
## **Respective responsibilities of trustees and examiner**
As described on page 5, the Charity's trustees are responsible for the preparation of the financial statements. The trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination it is my responsibility to:
a) examine the accounts under section 145 of the Act.
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5) (b) of the Act; and;
c) to state whether particular matters have come to my attention.
I conducted my examination in accordance with the General Directions given by the Charity **Basis of opinion and scope of work undertaken** Commissioners for England & Wales in relation to the conducting of an independent examination. An independent examination includes a detailed review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the Accounting and Reporting by Charities: Statement of Recommended Practice, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity and my report is limited to the matters set out in the statement below.
We planned and performed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain written assurances from the trustees of all material matters.
7
## **PHILADELPHIA CHURCH INTERNATIONAL**
## **Independent Examiner's Report Independent Examiner's Statement, report and opinion**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination , I confirm that this is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection (5)(b) of that section which are applicable and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material requirements
(i) to keep accounting records in accordance with section 130 of the Act;
(ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act and;
(iii) that the financial statements be prepared in accordance with the methods and principles set out in the Statement of Recommended Practice - Accounting and Reporting by Charities
have been met.
Ms Fumi Popoola B.Sc(Econ) FCCA CTA FP Associates Limited Chartered Certified Accountants 36A Goodmayes Road Ilford Essex IG3 9UR
The date upon which my opinion is expressed is :- 21 January 2026
8
## **PHILADELPHIA CHURCH INTERNATIONAL Statement of Financial Activities for the year ended 31 March 2025**
|**Notes**
**Incoming resources**
**_Incoming resources from generated funds_**
Voluntary Income
Investment Income
**Total incoming resources**
**_Costs of charitable activities_**
**_Governance costs_**
**Total resources expended**
**Net outgoing resources**
**before transfers between funds**
**Gross transfers between funds**
**Net outgoing resources before**
**Other recognised gains and losses**
**Other recognised gains and losses**
**Net movement in funds**
**Reconciliation of funds**
**_Total funds brought forward_**
**Total Funds carried forward**|**Unrestricted Restricted**
**Total**
**Last Year**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
**£**
93,513
11,832
105,345
89,601
2,146
-
2,146
1,364|
|---|---|
||**95,659**
**11,832**
**107,491**
**90,965**|
||20,335
6,802
27,137
35,466
43,894
1,436
45,330
49,094|
||64,229
8,238
72,467
84,560|
|||
||31,430
3,594
35,024
6,405
-
-
-
-|
||31,430
3,594
35,024
6,405|
||31,430
3,594
35,024
6,405
189,096
38,613
227,709
221,304|
||**220,526**
**42,207**
**262,733**
**227,709**|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on page 13 as required by the said statement.
## **All activities derive from continuing operations**
The notes on pages 14 to 17 form an integral part of these accounts.
9
**PHILADELPHIA CHURCH INTERNATIONAL Statement of Financial Activities for the year ended 31 March 2025**
## **Income and Expenditure Account for the year ended 31 March 2025**
|**Turnover**
Direct costs of turnover
**Gross Surplus**
Governance costs
**Operating surplus/(deficit)**
Interest receivable
**(Deficit)/surplus on ordinary activities before tax**
**(Deficit)/surplus for the financial year**
Gift Aid Payments
**Retained surplus/(deficit) for the financial year**
**All activities derive from continuing operations**|**2025**
**£**
105,345
27,137
78,208
45,330
32,878
2,146
35,024
35,024
-
35,024|**2024**
**£**
87,601
35,466|
|---|---|---|
|||52,135
49,094|
|||3,041
1,364|
|||4,405|
|||4,405
-|
|||4,405|
||||
The notes on pages 14 to 17 form an integral part of these accounts.
10
## **PHILADELPHIA CHURCH INTERNATIONAL Statement of Financial Activities for the year ended 31 March 2025**
**Statement of Total Recognised Gains and Losses for the year ended 31 March 2025**
|**Statement of Total Recognised Gains and Losses**
**for the year ended 31 March 2025**||
|---|---|
|Excess of Expenditure over income before realisation of assets
Profit per Profit and Loss account
Grants for the acquisition of fixed assets
**Net Movement in funds before taxation**|**2025**
**2024**
35,024
4,405|
||35,024
4,405
-
2,000|
||35,024
6,405|
**Movements in revenue and capital funds for the year ended 31 March 2025**
|**Revenue accumulated funds**
Accumulated funds brought forward
Recognised gains and losses before transfers
**Closing revenue accumulated funds**|**Unrestricted Restricted**
**Total**
**Last year**
**Funds**
**Funds**
**Funds**
**Total Funds**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
**£**
189,096
38,613
227,709
221,304
31,430
3,594
35,024
6,405|
|---|---|
||220,526
42,207
262,733
227,709|
||220,526
42,207
262,733
227,709|
||**£**
**£**|
11
## **PHILADELPHIA CHURCH INTERNATIONAL Statement of Financial Activities for the year ended 31 March 2025**
The notes on pages 14 to 17 form an integral part of these accounts.
|**Summary of funds**|**Designated **|**Unrestricted **|**Restricted**|**Total**|**Last Year**|
|---|---|---|---|---|---|
||**Funds**|**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2025**|**2025**|**2025**|**2025**|**2024**|
|Revenue accumulated funds|-|220,526|42,207|262,733|227,709|
**The statement of changes in resources applied for fixed assets for Charity use is shown in the notes to the accounts**
The notes on pages 14 to 17 form an integral part of these accounts.
12
## **PHILADELPHIA CHURCH INTERNATIONAL Balance Sheet as at 31 March 2025**
|**Notes**
**_The assets and liabilities of the charity :_**
**Fixed assets**
Tangible assets
10
**_Total fixed assets_**
**Current assets**
Debtors
11
62,682
Cash at bank and in hand
191,949
**_Total current assets_**
254,631
**Creditors:-**
amounts due within one year
12
582
**_Net current assets_**
**_Total assets less current liabilities_**
**Creditors:-**
amounts due after more than one year
**Provisions for liabilities and charges**
**Net Assets**
**_The funds of the charity :_**
**Unrestricted income funds**
Unrestricted revenue accumulated funds
220,526
Designated revenue funds
-
**Unrestricted capital funds**
Designated fixed asset funds
-
**Total unrestricted funds**
**Restricted income funds**
Restricted revenue accumulated funds
42,207
**Restricted capital funds**
**Total restricted funds**
**Total charity funds**
Trustee
**Rev Taysa Kotov**
**Approved by the Trustees on 21 January 2026**|62,682
191,949|**2025**
**£**
7,520
7,520
255,213
262,733
-
-
262,733
220,526
42,207
262,733|67,682
150,057|**2024**
**£**
9,400|
|---|---|---|---|---|
|||||9,400
218,309|
||254,631||217,739||
||582||570||
||||189,096
-
-
38,613||
|||||227,709
-
-|
|||||227,709|
|||||189,096
38,613|
|||||227,709|
||||||
The notes on pages 14 to 17 form an integral part of these accounts.
13
## **PHILADELPHIA CHURCH INTERNATIONAL Notes to the Accounts for the year ended 31 March 2025**
## **1 Accounting policies**
## _**Accounting convention**_
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2018, and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. The trust constitutes a public benefit entity as defined by FRS 102
## _**Incoming Resources**_
Incoming resources are accounted for on a receipts basis.
## _**Investment Income**_
Bank Interest received is included on an actual receipts basis.
## _**Taxation**_
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company , and is therefore included in the relevant costs in the Statement of Financial Activities
## **2 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
|**3**
**(Deficit)/surplus for the financial year**
**This is stated after crediting :-**
**Revenue Turnover from ordinary activities**
**and after charging:-**
Depreciation of owned fixed assets
Rentals Leases
Independent Examiner's Fees
**4**
**Expenses paid to trustees or persons connected with trustees**
The aggregate amount of expenses paid to trustees was|**2025**
**£**
105,345
1,880
32,064
582
**2025**
**£**
778|**2024**
**£**
87,601
2,350
30,779
570
**2024**
**£**
706|
|---|---|---|
The nature of the expenses was travel and subsistence, and the number of trustees to whom expenses payments were made was one.
15
**PHILADELPHIA CHURCH INTERNATIONAL Notes to the Accounts for the year ended 31 March 2025**
## **5 Detailed analysis of certain transactions**
Various items which are set out in the Detailed Schedule to the Statement of Financial Activities and its appendices on pages 16 to 19, which should be read together with these notes.
|**6**|**Investment Income**|**2025**|**2024**|
|---|---|---|---|
|||**£**|**£**|
||Other bank deposit interest received|2,146|1,364|
## **7 Analysis of charitable expenditure**
An analysis of charitable expenditure by activity (TABLE 5) is included in the detailed schedule to the Statement of Financial Activities and should be cross referred in this text
## **8 Analysis of grants payable in furtherance of the charity's objects**
An analysis of grants by activity (TABLE 6) is included in the detailed schedule to the Statement of Financial Activities and should be cross referred in this text. There is also an analysis by institution which should be cross referred
|**9**|**Staff Costs and Emoluments**|**2025**|**2024**|
|---|---|---|---|
|||**£**|**£**|
||Gross Salaries|-|5,865|
||**Numbers of full time employees or full time equivalents**|**2025**|**2024**|
||Engaged on management and administration|1|1|
There were no employees with emoluments in excess of £60,000 per annum
There is provision in the governing document of the charity for the remuneration of a Trustee.
## **10 Tangible functional fixed assets**
|**Asset cost, valuation or revalued amount**
At 1 April 2024
At 31 March 2025|**Plant,**
**Machinery**
**& Vehicles**
**£**
11,750|
|---|---|
||11,750|
15
## **PHILADELPHIA CHURCH INTERNATIONAL Notes to the Accounts for the year ended 31 March 2025**
## **Accumulated depreciation and impairment provisions**
|**Accumulated depreciation and impairment provisions**|**Accumulated depreciation and impairment provisions**|||
|---|---|---|---|
|At 1 April 2024
Depreciation on revaluation
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024
**11**
**Debtors**
Accrued income
Loans Made|At 1 April 2024
Depreciation on revaluation
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024||2,350
-
1,880|
||||4,230|
||||7,520|
||||9,400|
|||**2025**
**£**
7,682
55,000
62,682|**2024**
**£**
7,682
60,000|
||||67,682|
The loan of £65,000 was made to Westbridge Solutions Limited on 13 January and 9 March 2020. The Director of this company was formerly a Trustee of the charity. The loan is secured by a Personal Guarantee of the company director.
## **Amounts due after more than one year included in the total above are analysed as:-**
|**12 Creditors: amounts falling due within one year**
Accrued expenses
**13 Analysis of the Net Movement in Funds**
Net movement in funds from Statement of Financial Activities
Net resources applied on functional fixed assets
Add Grants Received to fund fixed assets
**Net movement in funds available for future activities**|**2025**
**2024**
**£**
**£**|
|---|---|
||(582)
(570)|
||**2025**
**2024**
**£**
**£**
35,024
4,405
-
(11,750)
-
2,000|
||35,024
(5,345)|
|**14 Particulars of Individual Funds and analysis of assets and liabilities representing**
**At 31 March 2025**
**Unrestricted**
**Designated**
**Restricted**
**funds**
**funds**
**funds**
**£**
**£**
**£**
Tangible Fixed Assets
7,520
-
-
Current Assets
212,424
-
42,207
Current Liabilities
582
-
-
220,526
-
42,207
**£**
**£**
**£**
**At 1 April 2024**
**Unrestricted**
**Designated**
**Restricted**
**funds**
**funds**
**funds**
Tangible Fixed Assets
9,400
-
-
Current Assets
179,126
-
38,613
Current Liabilities
570
-
-
189,096
-
38,613|**funds**
**Total**
**Funds**
**£**
7,520
254,631
582|
|---|---|
||262,733|
||**£**
**Total**
**Funds**
9,400
217,739
570|
||227,709|
15
**PHILADELPHIA CHURCH INTERNATIONAL Notes to the Accounts for the year ended 31 March 2025**
15
**PHILADELPHIA CHURCH INTERNATIONAL Notes to the Accounts for the year ended 31 March 2025**
## **The individual funds included above are :-**
|General Fund
Missionary to Israel Fund
Good Samaritan Fund
New Building Fund|**Funds at**
**2024**
**£**
192,161
365
17,041
18,142
227,709|**Movements**
**in**
**Funds**
**as below**
**£**
31,431
248
3,345
-
35,024|**Transfers**
**Between**
**funds**
**£**
-
-
-
-
-|**Funds at**
**2025**
**£**
223,592
613
20,386
18,142|
|---|---|---|---|---|
|||||262,733|
**Analysis of movements in funds as shown in the table above**
|General Fund
Missionary to Israel Fund
Good Samaritan Fund|**Incoming**
**Resources**
**£**
95,659
3,033
8,799
107,491|**Outgoing**
**Resources**
**£**
64,228
2,785
5,454
72,467|**Gains &**
**Losses**
**£**
-
-
-
-|**Movement**
**in funds**
**£**
31,431
248
3,345|
|---|---|---|---|---|
|||||35,024|
15
## **PHILADELPHIA CHURCH INTERNATIONAL Schedule to the Statement of Financial Activities for the year ended 31 March 2025**
|**Incoming Resources**|||**2025**|**2024**|
|---|---|---|---|---|
||||**£**|**£**|
||**Unrestricted Restricted**||**Total**|**Prior Period**|
||**Funds**|**Funds**|**Funds**|**Total Funds**|
||**2025**|**2025**|**2025**|**2024**|
|**Incoming Resources from generated funds**|||**£**|**£**|
|**Voluntary Income**|||||
|**Grants, legacies and donations**|||||
|**Incoming resources of a revenue nature**|||||
|General Offering|58,568|-|**58,568**|74,974|
|Gift Aid tax recovered|24,683|-|**24,683**|-|
|Missionary Fund for Israel|-|3,033|**3,033**|2,852|
|Good Samaritan Fund|-|8,799|**8,799**|9,775|
|**Total**|**83,251**|**11,832**|**95,083**|**87,601**|
|**Non government and non public bodies**|||||
|**Incoming resources for acquisition of fixed assets**|**(including donations of assets)**||||
|Car Scrappage scheme||-|**-**|2,000|
|**Total non government grants for fixed assets**|**-**|**-**|**-**|**2,000**|
|**Total Grants,Legacies & Donations Received**|**83,251**|**11,832**|**95,083**|**89,601**|
|**Other voluntary income**|||||
|Sponsorship income|10,262|-|**10,262**|**-**|
|**Total Voluntary Income**|**93,513**|**11,832**|**105,345**|**89,601**|
|**Investment Income**|||||
|Other bank deposit interest received|2,146|-|2,146|1,364|
|**Total Investment Income**|**2,146**|**-**|**2,146**|**1,364**|
||||||
||||||
|**Total Incoming Resources**|**95,659**|**11,832**|**107,491**|**90,965**|
|**Costs of generating funds**|||||
## **Fundraising Trading**
19
## **PHILADELPHIA CHURCH INTERNATIONAL Schedule to the Statement of Financial Activities for the year ended 31 March 2025**
## **Charitable expenditure**
|**_Support costs of charitable activities_**
Information and publications
Travel and Subsistence - Charitable Activities
Depreciation of assets used for charitable purposes
Food and Cutlery
Broadcasting
Sunday School
Worship Dance Team
Grants paid as shown in the detailed schedule
**_Support costs for grants paid_**|574
-
574
734
-
-
-
3,043
1,880
-
1,880
2,350
8,556
-
8,556
9,648
9,079
-
9,079
6,300
132
-
132
357
27
-
27
296|
|---|---|
||**20,248**
**-**
**20,248**
**22,728**|
||87
6,802
6,889
12,738|
|||
## _**Governance costs that are not direct management functions inherent in generating funds, service delivery and programme or project work (including management and administration costs)**_
|**_Specific governance costs_**
Trustees' expenses
Salaries - Administrative staff
Independent Examiner's Fees
**_Management and administration costs_**
**Employee costs:**
**Premises Costs**
Rent payable
Rates, water and service charges
Insurance
Premises repairs and renewals
**General administrative expenses:**
Telephone and fax
Postage
Membership and Licences
Equipment expenses
Bank charges
Sundry expenses
**Total governance costs after reallocation**|778
-
778
706
-
-
-
5,865
582
-
582
570
32,064
-
32,064
30,779
1,896
-
1,896
2,054
1,032
-
1,032
2,155
539
-
539
448
1,209
-
1,209
1,028
400
1,436
1,836
2,440
445
-
445
375
4,727
-
4,727
2,432
209
-
209
228
13
-
13
14|
|---|---|
||**43,894**
**1,436**
**45,330**
**49,094**|
20
## **PHILADELPHIA CHURCH INTERNATIONAL Schedule to the Statement of Financial Activities for the year ended 31 March 2025**
_**A Detailed schedule of grants paid to achieve the objects of the charity**_
|**Grants to Institutions**
Gifts
Missionary Funds for Israel
Living Water Mission (Israel)
Support One King Ministry
Supporting People in Need
**Total Institutional grants**
**Total of all grants paid**
**_Schedule of investment income_**
**Other investment income**
Investment income
**_Analysis of transfers between funds_**
Transfer to/(from) unrestricted to be analysed further
Transfer to/(from) restricted to be analysed further|**2025**
**2024**
**£**
**£**
87
1,517
1,604
1,748
-
-
-
5,890
-
2,785
2,785
2,700
-
2,400
2,400
2,400
-
100
100
-|
|---|---|
||87
6,802
6,889
12,738|
||87
6,802
6,889
12,738|
||**Unrestricted Restricted**
**Total**
**Prior**
**Funds**
**Funds**
**Funds**
**Period**
**Total**
**2025**
**2025**
**2025**
**2024**
**£**
**£**
**£**
**£**|
|||
||2,146
-
**2,146**
1,364|
||-
-
-
(3,038)
-
-
-
3,038|
||**-**
**-**
**-**
**-**|
21
PHILADELPHIA CHURCH INTERNATIONAL
Schedule to the Statement of Finydncial Activilies
for the year ended 31 Mareh 2025
Appendices to the Ststement of Financial Activiti
for the yeAr ended 31 March 2025
l. AnAIygis of Total Incoming & Oytgoing Resomrtes by Activity
2. Anllysis of Total Support Costs by Atlivity
3. Analysis of tbarit*ble expendire by *¢tivity
4. Analysi8 of grAnts made by aetivity
21
o o