COMPANY REGISTRATION NUMBER: 04478212
CHARITY REGISTRATION NUMBER: 1094052
Carmel Ministries International
Company Limited by Guarantee
Unaudited Financial Statements
31 October 2024

Carmel Ministries International
Company Limited by Guarantee
Financial Statements
Year ended 31 October 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and expenditure
account)
Statement of financial position
Statement of cash flows
10
12
13
14
Notes to the financial statements
15

Carmel Ministries International
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 October 2024
The trustees, who are also the directors for the purposes of company law. present their report and the unaudited
financial statements of the charity for the year ended 31 October 2024
Reference and administrative details
R8gistore(I charity name
Charity registration number
Company registration number
Prlnclpal office and reglstered 817a Bath Road
office
Brislington
Bristol
Carmel Ministries International
1094052
04478212
Avon
BS4 5NL
England
Tha trustees
Mr Sean Leask
Miss G8rardina Meyers
Miss Lorena Muchenje
Mr Igors Sidorisins
Mr Graham Keelan
Mrs Corah McKenna
(Resigned 3 December 2023)
(Appointed 3 D8C8mber 2023)
Company secretary
Independent examiner
Michelle Leask
Nigel Flees Accountants247 Limited
Room 5172
Block 5
Runcorn
Cheshire
WA7 4QA

Structure, governance and management
Nature of goveming document
The organisation is a charitable company limited by guarantee, incorporated on 5 July 2002 and registered as a
Charity on 4 October 2002. A review of the Articles has been undertaken to ensure they are in line with current
legal and best practices and was adopted by Special Resolution on the 27 October 2016.
Recrultment and appolntment of Trustees
The directors of the company are also the Trustees for the purposes of Charity Law. Under the requirements of th
Memorandum and Articles of Association, the Trustees are not subject to retirement by rotation. Unless otherwise
determined by the Charity in a general meeting, the lem of office of a trustee shall continue until helshe retires or
is removed in accordance with the relevant provisions of the Articles. In the event of the appointment of a new
Trustee, a full induction and training program will be éeveloped in line with the prevailing best practices as set out
at the time by the Charity Commission.
Organisational structure
The Trustees provide strategic and visionary leadership to the organisation. Within the guidelines laid down by the
Trustees, daily operational decisions are made under the direction of the Chief Executive Officer. Carmel Chrislian
Centre is managed by the CEO who is responsible for the strategic and operational management and reports
directly to the Chair of Trustees. Day to day accounlability for Ihe provision of the services rest with the Chief
Executive along with the Company Secretary. The Chief Executive is responsible for ensuring that the Charity
delivers the services specified and that key performance indicators are met. The charity has outsourced our Human
Resources lo ensure that we continue to develop the skills and working practices in line with government legislation
and good practice. We have also outsourced our financial and payroll processing to Accountants247 Limited.
Risk m8nagÉment.
All financial transactions are processed via a rlgorous system that ensures that all transactlons are 8Uthorised by a
senior member of staff. All members of staff completed Heallh and Safety and safeguarding training to ensure Ihal
our systems and procedures are up to date and comply with all relevant legislation and mitigale harm lo people in
the building as far as possible. Levels of risk are monitored by members of the Executive managemenl team, and
reported on, and dealt with as appropriate. Our risks include..
Fire at the building.
This is mitigated by ensuring that our electrical installation is in a safe condition, that our portable appliances are
regularly tested and confirmed safe. A remotely monitored fire and Smoke alarrn ensures th81 the Avon Fire and
Rescue crews are called to the building in the event of an alarm. All firefighting equipment is maintained by a
specialist firm through annual inspection.
Theft and criminal damage.
This is mitigated by installing a dual PIR sensor alarm system throughout the building. This is regularly maintained
by a specialist alsrm firm and is monitored by a remote alarm centre. The system includes an auto dialer thal
connects lo the local Police Force in the event of an activation whilsl the building is closed. Whilst the building is
opcn, all acccos doors arc protectod by 6wipo card accoss points so that casual visitors cannot access Iho building
without the appropriate equipment.

Reputational damage and risk of closure.
Inability of Dur key personnel to be able to deliver public speaking engagements thereby affecting our voluntary
income on a Sunday. This risk is mitigated by developing strength in depth of those that can deliver public speaking
engagements should the designated speaker not be available. We maintain a Social Media policy to ensure our
media exposure is maintained to a high standard. As regards data loss. our IT systems have been built to ensure a
robust backup of business-critical data, and we are exploring the extension of that to include cloud-based backups
as an additional layer of backup.
Local clvll unrest.
This is mitigated by the installation of a secondary alarm in Ihe building. It is used when the building needs to be
locked down, and alert users not lo leave the building. Safeguarding policy ensures compliance with legislation and
local authority requirements.
Outside scrutiny
Carmel Ministries Intemational is scrutinised by several outside public bodies. As a Charitable Company we are
regulated by both Companies House (Company registered number 44782121 and the Charity Commission {Charity
regislered number 1094052 ). The building is regislered as required by the Places of Worship Registration Act
1855. The building is registered for the purposes of marriage under the Marriage Act 1949, Section 41.
Whistleblowing policy
Employees may, in carrying out their responsibilities, have access to, or encounter, information of a confidentl81
nature. The terms and conditions provide that except in the proper performance of their duties, employees are
fort)idden from disclosing, or making use of in any form whatsoever, such confidential infomiation. However, Ihe
law allows employees to make a 'protected disclosure of certain information. To be "protected" a disclosure must
relate to a specific subject mattor (listed below) and the disclosure must be made in an appropriate way. If in Ihe
course of employment. an employee becomes aware of information whiGh they reasonably believe tends to show
one or more of the following, they must use the Company's disclosure procedure set out below.. a) That a criminal
offence has been committed, is being committed, or is likely to be committed. bl That 2 person has failed, is failing,
or is likely tc* fail to Gomply with any legal obligation to which helshe is subject. G) That a misGarriage of justice has
occurred, is occurring, or is likely to occur. dl That health or safety of any individual has been, is being, or 18 likely
to be endangered. e) That the environment has been, is being, or is likely to be damaged. f> That information
tending to show any of the above has been, is being, or is lik&ly to be deliberately concealed.
Disclosure procedure
Information which an employee r8asonably believes to show one or more of the above should promptly be
disclosed to their managerlsupervisor so that any appropriate action can be taken. If it is inappropriate to make
such a disclosure to the managerl supervisor, the employee should speak to Flev. Sean Leask. Employees will
suffer no detriment of any sort for making such a disclosure in accordance with this procedure. However. failure to
follow this procedure may result in the disclosure of information losing its 'protected status" For further guidance in
relation to this matter or concerning the use of the disclosure procedure generally, employees should speak in
confidence to Rev. Sean Leask.

Objectives and activities
Objects and aims.
The objects of the Charity are..
Advance the Christian Faith in accordance with the Statement of Beliefs in such parts of the United Kingdom and
the world as the Trustees may from time to time think fit. Other such purposes which are exclusively charitable
according ID the law of England and Wales and relale to Ihe charitable work of the Charity. Publlc benefit The
Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have du
regard to the public benefit guidance published by the Charity Commission for England and Wales. In line with
Charity Commission guidelines the Trustees continually review the Charity's fulfillment of public benefit. As outlined
above the Charity's Aims are to: 1. Prornote religion through the promotion of the Christian Faith., and to 2.
Undertake such purposes which are exclusively charitable as defined within the law of England and Wales. The
primary purpose of the Charity is to promote the Christian Faith. To support this aim, the Charity provides a building
as a place of worship which the public is free to attend. Access is continually reviewed in the light of relevant
disability legislation to ensure public worship seNices are as fully accessible as possible. The building has clear
external signs and has invested in large road front signage Ihat promotes visibility. The Charity maintains a website
that provides full details of the servi￿$ provided, including the open public worship services, and ensure as far as
is possible that internet search engines return that website address on the first page of results. Following the
Charity Commlssion's guldance, the Trustees belleve that this provlslon satisfies the test for public beneflt.
Notwithstanding that, the Trustees ensure that the following services are provided that further promote aim number
1- the promotion of religion. Conducting Christian instruction for childron during open worship services. Conducting
religious ceremonies such as weddings and funerals. Providing forums where enquirers can investigate the
Christian Faith without obligation. specifically..
Through street teams.
Through the provision of f￿d on the street to the homeless.
Through UK based and international mission activities.
Wnting, producing and promoling Christian books. Teaching a course introducins new converts to Ihe basics of the
Christian Faith. Visiting the sick in hospitals. Continuing within these aims, during the past year the Charity fuifils
the 'other such purposes, charitable function as set out below. 1.1. The prevention or relief of poverty 1.2. The
advancement of the arts
2.5 The relief of those in need, by reason of youth, 8ge, ill-health, disability, financial hardship, or those that are
disadvantaged. In fulfillment of aim 2, Ihe Trustees note the followingactivities Ihat fulfil Public Benefit. 2.6 Provide
debt management advice. Run a Money Management course. 2.7 Making free Gourses available Govering
pre-marriage counselling. Marriage counselling., Divorce counselling and Bereavement counselling. Teaching a
course of the b8slcs of the Christian Faith in local prisons. 2.3. Provlde at cost prlce the basics course to other
churches. Stream Chrislian material via the internet 2.8 Convening times of Christian worship in four Iccal prisons.
Assisting in the Chaplaincy duties at local prisons. 2.9 Writing, producing and presenting public perfomiances of
plays and mLJsicals written by members of the Charity. Encouraging prayer, praise and study. 2.10 Empower
cr8ative designers with freelance and internship work, to enable them to improve their employability pot8nlial.
Future plan5 to fulfil the Public Benefit requirement are.. 1. Grow our services in the community. 2. Greater joint
working initiatives with other charities and churches

Objectives, strategies and activities
The main objectives and activities for the year continued to be focused on the promotion of the Christian faith,
education, improvement of life skills and family values, childcare and alleviation of poverly. The strategies
employed lo assist Ihe Charity to meet these objectives included the following:. Providing a range of seNices within
the community which are reflective of relevant quality standards and addressing the potential and ongoing
challenges.
Feeding and clothing the homeless and deprived as well as the relief of poverty in our local
community. Providing educational support and services to Ihe community. Education and care of children and
youth.- Engaging with the Prison Chaplaincy Service to provide spiritual SUPPDrt and guidance lo four local prisons.
Mi55ions and servi￿$ worldwide.
Internet streaming of church services.
Build relationships with other Christian Ministries around the world.- Provide work experience to help people 'get
back to work, orjoin a new workforTr.- Host conferences to further the Christian Faith.
Continuation of the vision to find ways and means of reaching out to the community, being proactive in assessing
and strategizing the right approach to the needs of people we contact or who contact us.
Our Mlsslon Is clear.
Carmel's mission statement is Luke 9..2 'He sent them to preach the Kingdom of God and to heal the sick. which
was given lo us in 1994 and has become focal point of all we do and helps us navigate God's unfolding plan for
Carmel. To achieve this God gave us a 4- phase strategy- Which is to cover our city, bless our neighbours, send lo
the nation, and touch the world, this allows us to multiply globally establishing the vision of God. The concept of
one Church, many locations is the Blueprint of the Mission, Strategy and Process that the vision of Carmel follows.
Following this blueprint has seen the work flourish.
Vision
All vision comes from God and with this He gives a strategy for its fulfillmenl. God had a vision of man when he
created the heavens and the earthl He had a vision of redemption when man fell, He had a vision for the church
when Jesus Christ returned to heaven, and He has a vision for His bride for when He relurns. Vision is a practical
and purposeful necessity for believers in today's world, It is our responsibility to draw near to God to find out just
what it is. Carmel's vision is rootéd in four basic instructions which align us with the book of Acts 2-42 IMEV) They
continued steadfastly in Ihe apostles, teaching and fellowship, in the breaking of bread and in the prayers.
Vision Values
We all have an important role to play in seeing the vision established in preparation for the return of Christ, we have
been ploughing and planting for over 20 years with many ministries being birthed and many finding their place in
the global famlly of God. It is time for the great harvest of souls and God has glven us thls window of opportunlty.

Achievements and perfomiance
In November 2023, we had a compliance interview with the Charity Commission regarding areas of regulalory
concern that were raised in November 2022. Based on the changes made by the current Trustees, as well as
2dhereanee to regulatory advice, the Commission was satisfied with Ihe progress made and the case was closed.
The vision for 2024 was the year of the Open Door, for us, this meant a focus on the church as a door of spiritual
usefulness. Firstly, as a place of rest, relaxation and recuperation. This is not only a choice but for some a
necessity as those that come into the Kingdom usually do so with a need for significant healing. Secondly, Ihe
church as a place of improvement and betterment. This notion was approached from the perspective of building
what is necessary for others to enjoy the 'Rest' option. It is the creation of a framework for those that need
restoration, rest, healing. We understood that the 'builder' in this context might need to consecrate themselves in a
number of areas so as to effectively produce what was necessary. Firstly, a concertation to the things of the Holy
Spirit, secondly, a consecration to the Word of God and finally, a consecration to the Lov8 of God. As a church we
looked ai growing our capacity in three key areas.. Spiritual growth and Missionality a5 an extension of discipleship.
Relational, physical and emotional healing. Further developing our structure, specifically as it pertains to our
leadershlp teams as well as relnforclng the church structures as an expresslon of the foundatlonal vlslon of the
church.
The vision for 2024 was largely a success with significant positive movement measured in every area that we set
ourselves.
Conferences: In April of this year we held a ladies conference called Royal which was attended by about 110 ladies
from within church and the wider community. Ps Yvonne Brooks frorn New Jerusalem Church in Birmingham was
the guest speaker, A men's conference was held in June and the guest speaker was Aposlle David McDonald. We
also held an Encounter weekend with Dr Guy Peh to encourage the believers in our communily to deepen thelr
relationship with God.
Community Outreach: We continued to be involved in the feeding the homeless and reaching out to the needy in
our community. We also continued with our visits to Eastwood Park prison and the men's prison in Pucklechurch.
At Christmas time we sent 400 gifts to the Eastwood Park prison. We prepared 650 Hampers for those in the
community that ne8ded h81p.
Community Development: During this year we introduced a weekly church bible study as well as separate bible
study sesslons for both men and women. The youth had a youth day In for young people aged between 12 and 25.
We also had community movie nighls and a Chrislrnas evenl. Marion Meyers, Lucy Edwards and Maithew Cullis
were other guest speakers invited to minister to the church this year. Every year we build on the platform of the
previous year, it is not a change of focus but rather an unfolding revelation of God's building plan. It is never
comfortable and requires us to grow in ourselves that will release the potential that may be lying dormant in us, it
slso presents us with the opportunity to learn and employ our gifting to the Glory of God.

Financial review
The principal funding sources of the Charity are by way of donations given mainly by the congregation in the fomi
of lithes and offerings. These are free will gifts given without expectation of favour, reciprocal gift, or use of
services. Gifts in kind are valued at their estimated value to the Charity. If a donor specifies that a donation is to be
used for a specified purpose, the amount will be treated as restricted funds. Qualifying expenditure is set against
the restricted funds. Designated funds are unrestricted funds that the Trustees have designated for a specific
purpose. Income generated from designated funds is treated as general income. General funds are neither
designated nor restricted. Qverall income for the year was £285,569 {2023'. £233,413), and tolal expenses.
£325,164 12023: £245,536). The Trustees are aware of these expenses and formally approved them at the
Trustees meetings as they are presented.
Reserves policy
Carmel Ministries International general fund is an unrestricted income fund and therefore requires a reserve policy.
Whilsl the policy remains to maintain reserves, the Truslees are very aware of Ihe general legal duty to apply
charitable funds within a reasonable time of receiving them and have actively encouraged delegaled staff to utilise
funds on charitable purposes within their charitable obieclives and in a manner that as far as possible meets
donor's wishes. It is noted that several donors may specify that their funding is intended to provide funding for a
specified project. Where this is specifically restricted, the project funding will be ring fenced into a Restricted fund
and will not fom part of this reseNe policy. The Trustees have conducted a thorough review of the major risks that
would prevent the Charity carrying out its normal weekly operation (see above) and are satisfied that sufficient
steps have been taken to mitigate those risks sufficiently to ensure continued operation. The Trustees are confident
that in the event of a catastrophic event that affects Ihe builéing that they could call on the church members to
continue to support the Charity through voluntary donations direct into the various bank accounts until such time as
the building is brought back into operation. The Trustees note that the current Free Reserves stand at £11,926 and
are satisfied that future, together with improvements lo income due after the Balance Sheet date on The Charily as
Going Concern, will bring the Fr8e Reserves in line with this policy. Going forward the Trustees will regularly
review this Policy with the intention that Free Reserves will be held 8t a level commensurate with three months
fixed costs for the Charity.
Going concern
The Trustees have reviewed the current environment in which the Charity operates and are satisfied that there are
strong reasons to believe that the Charity will be a going concern into the future. There have been no issues thal
have arisen since the Balance Sheet date that would require the Trustees to liquidate the Charity or to cease its
activities. The numbers of individuals attending the Church is steady, and with it the voluntary income that arises
from Ihat constituency. The Bible Institute is is going well with a new cohort of part time students that has improved
the fee income from the Institute. The Trustees also note that the debt outstanding on the mortgage charge over
the main building has been satisfied. This has led to a total reduction on the amount of interest charged by said
lender, thus removing the pressure on expenditure. Cash position has improved significantly, however remains an
ongoing challenge within the ministry and 211 operalions are managed in accordance with the weekly cash flow
reporting structur8.
Plans for future periods
Plans for fulure perlods.
To ensure that the Charily discharges its responsibilities to the Charily Comtnissiori. the Truslees will invesligate
the legal avenues that can be used to ensure that any trading activities of the Charity do not breach Charity
requiremenls. To ensure the continued comfort and wellbeing of the congregants on the weekend, as well as the
workload of the teams involved on a weekend, Ihe Trustees will continue to investigale the options for optimising
the main auditorium capacity. We will investigate working in partnership with organisations in the UK and overseas
to deliver support to those in greatést need within society.

Small company provisions
This report has been prepared in accordance with Ihe provisions applicable to companies entitled to the small
companies exemption.
The trustees. annual report was approved on 29 May 2025 and signed on behalf of the board of trustees by:
Miss Gerardina Meyers
Michelle Leask
Trustee
Charity Secretary

Carmel Ministries International
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Carmel Ministries International
Year ended 31 October 2024
I report to the trustees on my examination of the financial statements of Carrnel Ministries International ('the
charity'l for the year ended 31 October 2024.
Responsibilities and basis of report
As the trustees of the company land also its directors for the purposes of company law) you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006
Act,).
Having satisfied myself that Ihe 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 the charity's accounts as
carried out under section 145 of the Charities Act 2011 I'the 2011 Act.). In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145(5}{b) of the 2011 Act. Independent
examinerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm thal l am qualified to undertake Ihe examination because l am a member of the
Chartered Institute of Management Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no malters have come to my attention in connection with the
examination giving me cause to believe..
1. accounting records were not kept in respect of Ihe charity as required by section 386 of the 2006 Act,. or
2. the financial statements do not accord with those records,. or
3. the financial ststements do not comply with the accounling requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an
Independent ex8mlnation; or
4. the financial statements have nol 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 aGcountS
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102).

I have no CDncerns 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.
Nigel Rees Acwuntants247 Limited
Independent Examiner
Room 5172 Block 5 Runcorn Cheshire WA7 4QA
29 May 2025

Carmel Ministries International
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 October 2024
2024
2023
Unrestricted
funds
Restricted
funds Total funds
Total funds
Noto
Income and endowments
Donations and legacies
Charitable activities
273,174
2,377
3,209
4,749
2,060
275.234
2,377
3,209
4,749
231.885
552
Investment income
Other income
976
Total Income
283,509
2,060
285,569
233,413
Expendlture
Expendlture on ralslng funds..
Costs of raising donations and
legacies
Costs of other trading activities
Expenditure on charitable activities
3,966
1,373
314.107
3.966
1,373
319.824
5,394
1,105
239,037
10
11,12
5.717
Total èxpèndlture
319,446
5,717
325,163
245,536
Net expendlture and net movement In
fund8
(35,937)
(3.657)
(39,594)
(12,123)
Re¢on¢iliation of funds
Total funds brought fomard
829,143
7,639
836,782
848,905
Total funds carried forward
793,206
3,982
797,188
836,782
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

Carmel Ministries International
Company Limited by Guarantee
Statement of Financial Position
31 October 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
Current assets
Deblors
17
782,190
768.209
18
2.989
28,499
12.152
66,840
Cash at bank and in hand
31,488
16,490
78.992
10.419
Creditors: amounts falling due within one year
19
Net currenl assets
14.998
68.573
Total assets less current Ilabllltles
797,188
836,782
Net assets
797,188
836,782
Funds of the charlty
Restricted funds
Unrestricted funds
3.982
793,206
7.639
829,143
Total charity funds
21
797,188
836,782
For the year ending 31 October 2024 the charity was entitled to exemption from audit under section 477 of the
Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to oblain an audit of its financial staternents for the year in question
In accordance wlth sectlon 476
The directors acknowledge their responsibilities for complying with Ihe requiremenls of the Act with r8specl to
accounting records and the preparation of financial statements
These financial stalemenls have been prepared in accordance with the provisions applicable to companies subject
to the small companies, regime.
These financial stalements were approved by the board of trustees and authoiised for issue on 29 May 2025 , and
are signed on behalf of the board by..
Miss Gerardina Meyers
Trustee

Carmel Ministries International
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 October 2024
2024
2023
Cash flows from operating activities
Net expenditure
Adjustments for..
Depreciation of tangible fi'xed assets
Other interest receivable and similar income
(39,594)
(12,123)
5,493
(3,209)
(2,501)
1,228
Accrued lincome)lexpenses
Changes in..
Trade and other debtors
Trade and other creditors
3.300
9.164
8,571
575
Cash generaled from operations
Interest received
(22,076)
3,209
(7,020)
Net Gash used in operating activities
(18,867)
(7,020)
Cash flows from Investlng actlvllles
Purchase of tangible assets
(19,474)
Net cash used in investing activities
(19,474)
Net decrease In cash and cash oqulvalents
Cash and cash equivalents at beginning of year
(38,341)
66,840
(7,020)
73,860
Cash and cash equlvalents at end of year
28,499
66,840

Carmel Ministries International
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 October 2024
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales
and a registered charity in England and Wales. The address of the registered office is 817a Balh Road, Brislington,
Bristol. Avon, BS4 5NL, England.
2. Statement of compliance
These financial stalements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard
applicable in the UK and the Republlc of Ireland., the Stslement of Recommended Practice applicable to charllles
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 1021 (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
Th& financial statements have been prepared on th8 historical cost basis, as modified by the r8valuation of certain
financial assets and liabilitie5 and investment propertie5 measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncerlainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds Sre unrestricted funds earmarked by the trustees for parlicular future project or commitment.
Restricted fiJnds are subjected to restrictions on their expenditure declared by the donor or through the terms of an
appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.

Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the
charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the
amount can be reliably measured. The following specific policies are applied to particular categories of income=
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable
and its amount can be measured reliably. legacy income is recognised when receipt Is probable and entitlement is
established.
income from donated goods is measured at the fair value of the goods unless this is impractical to
measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value.
Donated facilities and services are recognised in the accounts when received if the value can be reliably measured.
No amounts are included for the contribution of general volunteers.
income from contracts for the supply of
services is recognised with the dolivery of the corbtracted service. This is classified as unrestricted funds unless
there is a contractual requirement for il lo be spent on a parlicular purpose and relurned if unspent, in which case it
may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which
cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading
activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a
charity in undertaking activities that further its charitable airns for the benefil of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable activities.
other
expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure
on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a
single activity are allocated directly to that activity. Shared costs are apportioned between the activities they
contribute to on a reasonable, justifi£ble and consistent basis.
Operating leaseg
Léasè paymènts are rècognised 8s an 8xpènsé over the leasè term on a straight-line basis. Thè aggreg8te bènefit
of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at Gosl, and subsequently ststed at GOSI less any accumulated depreciation
and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date
of revaluatlon less any subsequent accumulated depreciatlon and subsequent accumulated imp8irmenl losses. An
increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and
losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within Ihe
statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is
recognised in other recognised gains and losses, except to which il offsets any previous revaluation gain, in which
case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value. over the useful
economic life of thal asset as follows:
Fixtures and fittings
Equipment
Impairment of fixed assets
A review for indicator5 of impairment is carried out at each reporling date, with the recoverable amount being
estimated where such indicators exist. Where the (2rrying value exceeds the recov?rable amount, the asset is
impaired accordingly. Prior impairrnents are also reviewed for possible reversal at each reporting date. For the
purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset,
an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The
cash-generating unil is the smallest identifiable group of assets that includes the asset and generates cash inflows
that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of
goodwill, the goodwill acquired in a business combination is, from the acquisition d2te, allocated to each of the
cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether
other assets or liabililies of the charily are assigned to those units
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual
provisions of the instrument. Basic financial instruments are initially recognised at the amount re￿1vable or payable
including any related transaction costs. Current assets and current liabilities are subsequently measured at the
cash or other consideration expected to be pald or received and not discounted. Debt Instruments are subsequently
measured at amortised Gosl. Where investments in shares are publiGly traded or their fair value can otherwise be
measured reliably, Ihe investment is subsequently measured at fair value with changes in fair value recognised in
income and expenditure. All other such investments are subsequently measured at cost less impairment. Other
financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is
deferred beyond normal business terrns or fi'nanced at a rale of interest that is not a market rat8, in which case the
asset is measured at the present value of the future payments discounted at a market rale of interest for a similar
debt instrument. Other flnancial instruments are subsequently measured at fair value, with any changes recognised
in the statement of financial activities, with the exception of hedging instruments in a designated hedging
relationship.
25 % reducing balance
25 % reducing balance

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at
the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under
the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity
instruments regardless of significance, and other financial assets that are individually significant, these are
assessed individually for irnpairment. Other financial assets are either assessed individually or grouped on the
basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent
that the reversal does not result in a carrying amounl of the financial asset thal exceeds what the carrying amount
would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service
is provided. Prepaid contributions are reco9nised as an asset to the extenl that the prepayment will lead to a
reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12
monlhs of the end of the reporting date in which the employees render the related service, the liability is measured
on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in
which It arlses.
4. Limited by guarantee
The Charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each
of the Trustees is liable to contribute an amount not exceeding £10 towards the assets of the Charity in the event of
liquidation.
5. Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations & legacies
Glft 8id reclalmed
232,127
41,047
2.060
234,187
41,047
273,174
2,060
275.234
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
Donations
Donations & legacies
Gift aid reclaimed
205,371
25,963
551
205,922
25,963
231,334
551
231,885

6. Charitable activities
Unrestricted Total Funds
Funds
2024
Unrestricted
Funds
Total Funds
2023
Activities & projects
Bible college
Ministry
Building fund
483
483
69
69
186
2,191
186
2,191
2,377
2,377
552
552
7. Investment Income
Unrestricted Total Funds
Funds
2024
Unrestricted
Funds
Total Funds
2023
Bank interest receivable
3,209
3,209
8. Other income
Unrestricted Total Funds
Funds
2024
Unrestricted
Funds
Total Funds
2023
Other income
4,749
4,749
976
976
9. Costs of raising donations and legacies
Unrestricted Total Funds
Funds
2024
Unrestricted
Funds
Total Funds
2023
Costs of raising donations and legacies -
Legacles
3,966
3,966
5,394
5,394
10. Costs of other trading activities
Unrestricted Total Funds
Funds
2024
Unrestricted
Funds
Total Funds
2023
Costs of other Irading activities - Shop
costs
1,373
1,373
1,105
1,105
11. Expendlturè on charltablè actlvltles by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Expenditure on charitable activities
314,107
5.717
319.824
Unrestrictgd
Funds
Restrictgd
Funds
Total Funds
2023
Expenditure on charitable activities
232,535
6,502
239.037

12. Expenditure on charitable activities by activity type
Activities
undertaken
directly
Total funds
2024 Total fund 2023
Expenditure on charitable activities
319,824
319,824
239.037
13. Net expenditure
Net expenditure is slated after chargingl(crediting)-
2024
2023
Depreciation of tangible fixed assets
Operating lease rentals
5,493
14,144
1,228
7,006
14. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
2,700
2.700
15. Staff Costs
2024
2023
Wages & Salaries
Employer p8nsion conlributions
Employer national insurance
103,457
4,749
4,312
100,271
3,520
7,009
112.518
110,800
The average head count of employees during the year was 4 (2023: 3). No employee received employee benefits
of more than £60,000 during the year (2023: Nil)
16. Trustee remuneratlon and èxpenses
Remuneration including pensions w8r8 paid to Rev. Sean Laask and to Mrs Michelle Leask . Further paymants to
Trustees to support the activities of the Minislry for £551.65 were made to Mrs Gerardina Meyers, for travel costs
and £200 to Mr. Igor Sidorisins for IT advice. No other material transaction took plats between the Charity and the
Trustees, or any person connected with them.

17. Tangible fixed assets
Freehold
property
Fixtures and
fittings
Equipment
Total
Cost
At 1 November 2023
Addilions
765,717
147,395
13,017
913,112
19,474
6,457
At 31 October 2024
765,717
160,412
6,457
932,586
Daprg¢iation
At 1 November 2023
144,903
3,877
144,903
5,493
Charge for the year
1,616
At 31 October 2024
148,780
1,616
150,396
Carrylng amount
At 31 October 2024
765,717
11,632
4,841
782,190
At 31 October 2023
765,717
2,492
768,209
18. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
1,777
10,375
2,989
2,989
12,152
19. Creditors: amounts falling due within one year
2024
2023
Accruals and deferred income
3,500
4,640
833
7,517
6,000
3,045
615
759
Social securlty and olher taxes
Other creditors - desc in alcs
Other creditors
16,490
10,419
20. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was
£4,749 (2023.. £4,544).
21. Analysls of charitable funds
Unrestricted funds
Al 1 November
2023
At 31 October
2024
Income
Expenditure
General funds
829,143
283,509
(319,446)
793,206
At 1 November
2022
At 31 October
2023
Income
Expenditure
General funds
835.315
232,862
{239.034}
829,143

Restricted funds
At 1 November
2023
At 31 October
2024
Income
Expenditure
Carmel Global Fund
Christmas Hamper Fund
480
(4801
{5.237)
7,159
2,060
3,982
7,639
2,060
(5,7171
3,982
At 1 November
2022
At 31 October
2023
Income
Expenditure
Carm81 Global Fund
Christmas Hamper Fund
480
13.110
480
7,159
551
{6.502}
13.590
551
(6,502)
7,639
22. Analysis of net assets between funds
Unreslricted
Funds
Restricted
Funds
Tolal Funds
2024
Tangible fixed assets
Currenl assets
Creditors less than 1 year
782,190
31,488
(12,9901
782,190
31,488
(16,490)
(3,500)
Net assets
800,688
13,500)
797,188
Unrestrict8d
Funds
Restricted
Funds
Total Funds
2023
Tangible fixed assets
Current assets
768.209
65,353
14,419)
768,209
78,992
(10,419)
13,639
{6,000}
Creditors less than 1 year
Net assets
829,143
7,639
836,782
23. Analysis of changes in net debt
At 31 Oct
2024
At 1 Nov 2023 Cash flows
Cash at bank and in hand
66,840
(38,341)
28.499

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