REGISTERED CHARITY NUMBER: 1088146 Trustees. Report and Unaudited Financial Statements for the Year Ended 31 March 2025 Eikoku lesu No Mttsma Kyokai George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire SG18 OLD
Eikoku lesu No Mitama Kyokai Contents of the Financial Statements for the Year Ended 31 March 2025 Page Trustees. Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 13 Detailed Ststement of Financial Activities 14
Eikoku lesu No Mitama Kyokai Trustees. Report for the Year Ended 31 March 2025 The trustees present their report with the financial statements of the charity for the year ended 31 March 2025 The trustees have adopted the provisions of Accounting and Reporting by Charities.. ststement of Recommended Practi applicable to charities preparing their accoLtnts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) Page 1
Eikoku lesu No Mitama Kyokal Trustees. Report for the Year Ended 31 March 2025 OBJECTIVES AND ACTIVITIES Public benefit In the year April 2024 to March 2025, we continued to reach out to all communib'es from our church in London. We were overjoyed to finally reunite with our congregation in San Francisco for the first time in 5 years. We are also very happy that 3 church members came from Japan especially to attend the April 2025 annual convention. One of them, from Sado Island, attended 2 years in a row and another came to the UK for the first time and was deeply moved to come to church every day and witness baptisms and prayers. Immediately after his return, his fnend requested her own baptism {which took place in June 2025). There are many church members travelling near and far to preach the gospel with the reverends and in April 2024 Mrs T from Swilzerland invited Reverend Satoshi to Kanazawa and many people prayed there. Kanazawa is near where a large earthquake 0Urred on 1 st January 2024 and so we went again in November and March. A member of the Nagasaki congregation (Mr T) invited Reverends Satoshi and Yoshiko to attend the 9th August 2024 Nagasaki Atomic Bomb Memorial Ceremony. They flew to Nagasaki 2 days before for baptisms and Mr T astonished us by revealing that he told his acquaintances that he Wnts the truth of the gospel to shine at this ceremony and they went to great lengths to help him secure the Reverends, tickets to this ceremony which is attended by many dignitaries and the Prime Minister of Japan. who makes a speech every year. 2 months later, the Japanese Organisations for Atomic Bomb Sufferers won the Nobel Peace Prize and Mr T attended the ceremony in Oslo in December and when Rev Yoshiko next met him in Nagasaki (in May 2025), he had gathered many people to pray for thanksgiving They solemnly requested Rev Yoshiko to continue to spread the light of the gospel for the sake of peace everywhere. Every day we give thanks that the London chufch is part of a closevknit neighbourhood and our neighbours who have known us from the very start and know best are truty pillars of support and we deeply appreciate them. One of them Ims Al decided to go with Rev Megumi to attend the first Christmas Service ever held at the Switzerland meeling pla However, Rev Megumi had a very bad cold and was about to cancel her trip when Ms A got up at 2.21am on 6th December 2024 and walked in the cold winter night from her house to the rectory where she told Rev Megumi "You will be absolutely fine" and kindly packed for her. 3 hours later they were able to leave for Heathrow and fly to Switzerland and after the Christmas Service on 7th Dec an employee of Mrs T wished to be baptised immediately. It was getting dark and there was a storm in the nearest lake, but we all walked there and Rev Megumi conducted the baptism in amongst the waves. A lady St a local café kindly offered LIS hot drinks 8nd rakp.q tn warn up aftnards. and she joyfully prayed with us too. A family member of the employee came to Mrs T a couple of days later to request his baptism too (which was done the next time the reverends went to Swilzerland in June 2025, on a lovely summer day) Before flying back to London on 8th Dec. Rev Megumi and Ms A Vnt to Lucerne and met a man travelling around Europe who was baptised together with his girtfriend at the Tokyo baptism pwl in May 2025. At the end of 2024, we looked back and found that the peopte who prayed with us for the first ts'me or were baptised in that one year made up 379 people of 59 nationalities. The people who were baptssed truly grasped their Chan in an awesome way In Tokyo on 3rd June 2024. Mr K requested to meet Rev Satoshi just before his return to London. He wanted to be baptised but the baptism pool could not be used that day and furthermore there wag a heavy downpour all day. However. Mr K insisted he. cgn iiqp hiq rnmpany car to drive Rev Satoshi in the rain to Odaiba Beach and so Mr K became the very first baptism to be conducted at this beach. Rev Satoshi made his flight back to London and Mr K brought his boss to pray at the chapel the next time Rev Satoshi was in Tokyo Also in June, Revs Yoshiko and Megumi went to Vienna for the first time since 2016 We had prayer with Mr B who we met in Portugal and just like our Portugal congregatson Mr B is also in regular contact with us He was in Vienna when it flooded in September then he was in Valencia when the October floods occurred, but we were glad to hear he is safe in both. Rev Satoshi and Mrs S from the London congregation went to San Francisco in September and there were prayers from the moment of arrival. Mrs N and Mrs B from the congregation emailed after we left. 'We had a blessed time of reflection and prayer. Please send our hello to fellow church members" In summer 2024, there were bapknsms in Japan in Tokyo, Shonan, Nagoya, Kochi, Takamatsu, Nishikinohama and Nagasaki. In September we held Sunday servi at Ms M's house in Italy and Ms H's friends also attended. They stood up and testified. 'This church is like famill, and a gentleman received the baptism and requested us to live in ltsly. Rev Megumi travels from London and Ms H travels from Japan every year for this gospel trip in Tuscany, where she lived for many years and is happy that the congregation there is growing year on year. Page 2
Eikoku lesu No Mitama Kyokai Trustees. Report for the Year Ended 31 March 2025 The first baptism of 2025 was in London on 19th January vthen Ms N's friend visited her from Japan. They had not seen each other in 20 years but Ms N is a dedicated member of the congregation and her friend was inspired and joyfvlly came to church. The first 2025 baptism in Japan was on 4th February when Mr I spoke to Rev Satoshi and said it took 3 attempts to pluck up the courage to speak to a stranger but he wished to hear the gospel. Although they were in a mountainside hot spring in Kochi, the staff were so overjoyed that they left their work to guide Rev Satoshi and Mr I to the nearest nver and witnessed Mr I's baptism and everyone prayed together when they returned to the hot spring. Our first prayer with a new person in 2025 was on Thursday 2nd January when a local religious leader introduced Rev Megumi to his friend on the train. Rev Megumi and the friend left the train at Baker Street and he said "Please pray for me" so we prayed at the train stab'on. The next day, Rev Megumi infomied the religious leader who replied, "I'd met him for the first ts'me in the train" Al 3 of us are of 3 different religions but we came together in peace and nehboudY unity. Social investments In accordance with the Trust Deed the Charity has the poVr to make any investments which the Trustees see fit. FINANCIAL REVIEW Reserves policy The current level of free reserves. being the unrestricted fLJnds not committed or invested in tangible fixed assets, is negative. The trustees have set a target level of free reserves of £180,000 which equates to 9 months of resources expended. This will enable the Charity to continue its current activities and allow it to respond quickly in the event of an emergency. The reseNes policy will be reviewed annually. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming documenL a deed of trust and conskn'tutes an unincorporated charity. Charity constitution Eikoki leou No Mitama Kyokai is govemed by its charitable tru6t deed dated 1 July 2001. Organisation The Trustees meet on a regular basis throughout the year to adminster the Charity. Risk management The trustees have identified the major risks affecting the Charity and are taking necessary steps to monitor and control these risks to mitigate any impact they may have on the Charity in the future. The risks are reviewed on an ongoing basis. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1088146 Principal address 27 Valley Drive London NW9 9NJ Trustees Rev S Kawamura Rev Y Kawamura Rev M Kawamura Ms M Koshino (resigned 81512024) Mrs S Shikayama Ms M Mackie Ms S Tsuruoka Ms M D Kawamura (appointed 81612024) Page 3
Eikoku lesu No Mitama Kyokai Trustees. Report for the Year Ended 31 March 2025 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner George Hay PartnerstH'P LLP Chartered Accountants Bgharn House High Street BgleSade Bedfordshire SG18 OLD Approyed by ordeT of the ad of trustees on ......... .. .. .. and signed on lis behalf by: Rev S Kawarnu - Trustee Page 4
Independent Examinerfs Report to the Trnstees of Eikoku lesu No Mitama Kyokai Independent examinerfs report to the trustees of Eikoku lesu No Mitama Kyokai I report to the charity trustees on my examination of the accounts of Eikoku lesu No Mitama Kyokai (the Trust) for the year ended 31 March 2025. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Ac¥). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directs'ons given by the Charity Commission under Section 14515){bl of the Act. Independent examinerfs statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. accounting records were not kept in respect of the Trust as required by Section 130 of the Act,. or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concems 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. Richard Dilley FCA FCCA George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire SG18 OLD Date.. Page 5
Eikoku lesu No Mitama Kyokai Statement of Financial Activities for the Year Ended 31 March 2025 3113125 Unrestricted fund 3113124 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 83,887 173,882 Other income 17.753 Total 101,640 173,882 EXPENDITURE ON Charitable activities Charitable Activits'es 160,244 168,946 Other 29 41 Total 160,273 168.987 NET INCOMEI(EXPENDITURE) (58,633) 4,895 RECONCILIATION OF FUNDS Total funds brought forward 37,259 32,364 TOTAL FUNDS CARRIED FORWARD (21,374) 37,259 The notes form part of these financial statements Page 6
Eikoku lesu No Mttama Kyokai Balan¢e Sheet 31 March 2025 2025 Unrestiicted fund 2024 Total FIXED ASSETS Tangible assets 91.879 251,865 CURRENT ASSETS Debtors Cash at bank 10,830 49.749 18,253 19.734 60,579 37,987 CREDrroRS Amounts falk'ng due within one year 10 (149.ri8) (213,716) NET CURRENT ASSETS {89.049) <175.729) TOTAL ASSETS LESS CURREhrr UABIUTIES 2.830 76,136 CREDITORS Amounts frdlang due after more than one year 11 I24204) (38.8rn NEf ASSErs (21.374) 37,259 FUNDS UnrestiiGted fvnds 13 (21.374) 37,259 TOTAL FUNDS (21.374) 37,259 Thefjn ncial ststements weie apKwo¥ed by the Boafd of Trustees and authorised for issue on and signed on ts behalf by: Rev S Kawamura - Trustee The notes fonn part of these finanaal slatements Page 7
Eikoku jesu No Mitama Kyokai Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of prepartng the financial statements Going Concern The accounts for the Charity have been prepared on a going concem basis. Currently the organisation is being supported by the trustees. The charity owes one trustee £128,099 at the balance sheet date and the organisation has been given assurances that this will be postponed indefinitely if required. The value of the properties on the balance sheet far exceeds the net book value carried forward but the trustees see no point in incurring the costs of a formal valuation. Income All income is recognised in the Statement of Financial Activrties once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there 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 reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directty attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its esb'mated useful life. The depreciaknon rates in use are as follows=_ Fixtures. fittings and equipment Motor vehicles 25% 250 The freehold propety has not been depreciated as the trustees consider the residual value to be higher than the written down value. Taxation The charity is exempt from tax on rts charitable activities. Fund accounting Unrestricted funds can be used in accordan with the charitable objeth'ves at the discretion of the trust¢¢s. Restricted funds can only be used for particular restrtcted purposes wthin the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nattjre and purpose of each fund is included in the notes to the financial statements. Foreign currencies Assets and liabilities in foreign currencie3 are translated into sterting at the rates of exchange ruling at the balance sheet date Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. Page 8 continued...
Eikoku lesu No Mitama Kyokai Notes to the Financial Statements - continued for the Year Ended 31 March 2025 DONATIONS AND LEGACIES 3113125 3113124 Donations. gifts and deed of covenants Gift aid 74,632 9,255 141,465 32,417 83,887 173,882 CHARITABLE ACTIVITIES COSTS Support costs {see note 4) Direct Costs Totals Charitsble Activities 90,987 69,257 160,244 SUPPORT COSTS Govemance Costs Management Finance Totals Charitable Activib'es 56,042 7,318 5.897 69,257 TRUSTEES. REMUNERATION AND BENEFITS The total trustees remuneration including pension contribution for 2025 was £36.697 (2024 - £36,715). The charity trustees were not paid or received any other benefits from employment with the charity in the year {2024 - £0). No charty trustee received payment for professional or other services supplied to the charity {2024 - £0) The remuneration paid to the reverands represents a stipend for their setvices as ministers for the church. Trustees. expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS 3113126 3113124 Wages and salaries 36,697 36,715 36,697 36.715 The average monthly number of employees during the year VRS as follows: 3113125 3113124 Church minister No employees received emoluments in excess of £60,000. Page 9 continued...
Eikoku lesu No Mitama Kyokal Notes to the Financial Statements - continued for the Year Ended 31 March 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 173.882 EXPENDITURE ON Charitable activities Charitable Activities 168,946 Other 41 Total 168,987 NET INCOME 4,895 RECONCILIATION OF FUNDS Total funds brought fomard 32,364 TOTAL FUNDS CARRIED FORWARD 37.259 TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Motor vehicles Totals COST At 1 April 2024 Disposals 720,316 (393,013) 59,035 15,953 795,304 {393,013J At 31 March 2025 327.303 59,035 15,953 402,291 DEPRECIATION At 1 April 2024 Charge for year ESiminateU on disposal 482,521 44,965 29 15.953 543,439 29 (233,OJG) (233.056) At 31 March 2025 249,465 44,994 15,953 310,412 NET BOOK VALUE At 31 March 2025 77,838 14.041 91,879 At 31 March 2024 237,795 14,070 251,865 Page 10 continued...
Eikoku lesu No Mitama Kyokai Notes to the Financial Statements- continued for the Year Ended 31 March 2025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113125 3113124 Other debtors 10,830 18,253 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113125 3113124 Bank loans and overdrafts (see note 12) Taxation and social security Other creditors 16,136 3,023 130,469 15,551 3,010 195.155 149,628 213,716 11. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 3113125 3113124 Bank loans (see note 12) 24,204 38,877 12. LOANS An analysis of the maturity of loans is given below: 3113125 3113124 Amounts falling due within one year on demand- Mortgage Payable to trustees 16,136 128,099 15,551 192,785 144,235 208,336 Amounts falling between one and years.. Mortgage - 1-2 yeafs 16,136 15,551 Amounts falling due behveen and five years: Mortgage- 2-5 years 8,068 23,326 3. MOVEMENT IN FUNDS Net movement in fvnds At 31.3.25 At 1.4.24 Unrestrlcted funds General fund 37.259 (58,633) (21,374) TOTAL FUNDS 37,259 (58,633) (21,374) Page 11 continued...
Eikoku lesu No Mitama Kyokai Notes to the Financial Statements - continued for the Year Ended 31 March 2025 13. MOVEMENT IN FUNDS - continued Net movement in funds, included in the above are as follows.. Incoming reSoUrS Resources expended Movement in funds Unrestricted funds General fund 101,640 (160.273) (58.633) TOTAL FUNDS 101,640 (160,273) (58,633) Comparatives for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 32,364 4,895 37,259 TOTAL FUNDS 32,364 4,895 37.259 Comparative net movement in funds, included in the al)ove are as follows: Incoming resources Resources expandad Movement in funds Unrestricted funds General fund 173,882 (168,987) 4,895 TOTAL FUNDS 173,882 (168,987) 4,895 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.3.25 At 1.4.23 Unrestricted funds General fund 32,364 (53.738) {21.374) TOTAL FUNDS 32,364 (53.738) (21.374> Page 12 conb'nued...
Eikoku lesu No Mitama Kyokai Notes to the Financial Ststements - continued for the Year Ended 31 March 2025 13. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movement in fvnds, included in the above are as follows. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 275,522 1329,260) (53,738) TOTAL FUNDS 275,522 {329,260) (53,738) 14. RELATED PARTY DISCLOSURES Trustees have lent the charity £128,099 (2024.. £192,785). There are no donations from relates parties which are outside the nomial course of business and no restricted donations from related parties. Page 13