2022-06-30-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

Chosen People Ministries (UK)

(A company limited by guarantee) Charity registration number: 1095644 Company registration number: 04611406

Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham, Chichester West Sussex PO18 8NF

CHOSEN PEOPLE MINISTRIES (UK)

CONTENTS

Reference and Administrative Details	1
Trustees' Report	2 to 7
Independent Examiner's Report	8
Statement of Financial Activities	9
Balance Sheet	10
Notes to the Financial Statements	11 to 22

CHOSEN PEOPLE MINISTRIES (UK)

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees Mr T Bath, Chairman Mr M Tetzlaff Mr P Refson Rev K Page Mr P Pretlove (resigned 20 November 2021) Dr M Glaser Mrs A Bath Mr J Cuozzo Mrs S Kaluba Makukla (appointed 20 November 2021) Secretary Mrs N Cooke Charity Registration 1095644 Number Company Registration 04611406 Number The charity is incorporated in England. Registered Office 32a North End Road Golders Green London NW11 7PT Independent Examiner G W Schulz ACMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham, Chichester West Sussex PO18 8NF Bankers HSBC Plc 897 Finchley Road Golders Green London NW11 7NX

Page 1

CHOSEN PEOPLE MINISTRIES (UK)

TRUSTEES' REPORT

The Trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 June 2022.

Structure, governance and management

Nature of governing document

Chosen People Ministries (UK) is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.

Recruitment and appointment of Trustees

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.

Organisational structure

The company secretary administers the charity on a daily basis having delegated authority from the Board of Trustees to deal with operational matters. The Board meets three times a year.

Risk management

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.

Objectives and activities

Objects and aims

The charity's objects are the advancement of the gospel of the Lord Jesus Christ primarily amongst Jews in the UK and all other parts of the world by such means as are charitable by law.

Public benefit

Chosen People Ministries (UK) provides benefit to the public in enabling individuals to realise their spiritual potential to have a relationship with God, through His Son, Messiah, Yeshua (Jesus Christ); thereby, enabling individuals to lead happier and more productive lives, benefiting not only themselves, but their families, communities and country.

Our outreach programme includes evangelism and discipleship, a messianic congregation, equipping local churches for Jewish evangelism through our "Isaiah 53" campaign and "I Found Shalom" videos and benevolence work.

The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 2

CHOSEN PEOPLE MINISTRIES (UK)

TRUSTEES' REPORT

Achievements and performance

OUR HERITAGE - CHOSEN PEOPLE MINISTRIES HAS BEEN ESTABLISHED FOR 127 YEARS.

In 1862, in the ghetto of the little town of Berenza in eastern Hungary, a family of orthodox Jews joyfully welcomed a new son, Leopold Cohn, whose destiny would become interwoven with the future of Jewish people across two continents. At the tender age of seven years old, Leopold lost both of his parents and he and his sister became orphans. This tragic loss combined with the loneliness and isolation of ghetto life caused Leopold to cry out to God for help and comfort. The Lord answered Leopold’s prayers and guided his steps throughout the rest of his childhood and as a young adult, providing an illustrious rabbinic career.

It was during his years of rabbinic study that certain portions of Scripture leapt off the page to Rabbi Leopold, especially the passages in the book of Daniel that describe the timeline of Messiah’s coming. Cohn was perplexed, but a rabbi in a distant town advised him to go to America where people knew more about the Messiah, so Cohn immediately made his preparations to leave for the United States.

Rabbi Leopold Cohn

In New York Rabbi Cohn walked by a church where there was a sign with Hebrew letters saying “Meetings for Jews.” Too curious to turn away, Cohn entered the church, and to his utter amazement, the room was packed with 800 or so Jewish men and women. There was even a choir of Jewish girls singing “At the cross…” Cohn found this confusing but he stayed to hear some of the preaching. He was fascinated … but as an observant Orthodox Jew he was also disgusted … there were many cultural things that were off-putting to his traditional Jewish upbringing. Subsequently he visited the preacher at his home, and after much discussion, the preacher gave him a New Testament in Hebrew to read. As Leopold read the New Testament, he came to realize that Jesus was the true Jewish Messiah!

In 1892 Rabbi Cohn sailed to Britain to study at New College Edinburgh and had a strong desire to share this news, especially with his own people. It was notably in Scotland that an interest in this message had taken root in the churches. Godly men like Andrew Bonar and Robert Murray McCheyne were key to this.

The New York headquarters of Chosen People Ministries, circa 1909

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CHOSEN PEOPLE MINISTRIES (UK)

TRUSTEES' REPORT

His training completed, Leopold Cohn travelled on to New York where in 1894 he founded a mission that was to become Chosen People Ministries. The work grew steadily over the years and now operating autonomously in 17 countries of the world.

In the UK It was in 1938, on the brink of WW2, the director of CPM responded to an appeal from Jewish believers in Kishineff for emergency aid. Consequently, along with others, Leon and Marie Awerbuch escaped from Bessarabia to England and began working among the Jews of London. The CPM contribution to this work continued until 1964.

During the 1990’s there was a sporadic attempt to restart this work, this time in Manchester. But it was not until 1999 that the British-born John Pretlove, Chairman of the American Board of CPM, was to realise a dream. Together with the International President, Mitch Glaser, a British Board of Trustees was set up and in 2005 they appointed their first UK Director, Daniel Nessim, who provided much of the foundation of the work in the UK.

After sterling service Daniel relocated to Seattle and, in due course, the Board will appoint his replacement. While a replacement is being sought Mitch Glaser, CPM’s International President has been overseeing the work in the UK.

From these small beginnings has grown the outreach, social and educational work that is now based within the Jewish community of North London. Staff members are well placed to challenge anti-Semitism in the Britain of today; also, to act as advocates for the Jewish people, and especially for those who choose to follow Jesus.

Page 4

CHOSEN PEOPLE MINISTRIES (UK)

TRUSTEES' REPORT

OVERVIEW OF THE PAST YEAR

Introduction

Chosen People Ministries United Kingdom exist to pray for, evangelise, disciple and serve the Jewish people and help others do the same.

The above mission statement creates a two-pronged approach to the work of our mission in the UK and throughout the globe. We primarily focus on communicating the Gospel of Jesus Christ to the Jewish people. Secondly, we resource and train the Christian community to also minister to the Jewish community through prayer, evangelism, discipleship and service.

It is important to understand that Chosen People Ministries, United Kingdom is linked in a partnership agreement, so informal but side-by-side respective boards, of 20 countries. The work as is mostly accomplished through national workers in each individual country, governed by a national Board and globally orchestrated with the other countries included within what it’s called, the Chosen People Global Ministries.

The Work of CPM UK in Fiscal Year 2022

New Staff, Feast Events, and Meetings in Person

At the start of the Year in July we welcomed two CPM missionaries from Hong Kong. They immigrated to the UK and each share a heart for evangelizing the Jewish People. They currently reside near Leeds and Manchester and are already integrating well into the Jewish community as well as leading various outreach events. Tommy Fretwell joined us with his ministry of Israel related Bible teaching called The Ezra Foundation. We have assimilated this effort as a project of Chosen People Ministries UK.

Oliver Sims had a fruitful speaking tour in Northern Ireland in August.

We hosted a joint mission service at Yom Kippur, and for Purim in March we hosted a successful Purim Zoom conference, with Tommy Fretwell (The Ezra Foundation) and Brian Crawford (CPM USA).

The weekly Online Bible Studies continue to flourish with over 50 devices connecting each week, as Fiona Sorbala & Simon Lissak share. The series continued to teach on how Jesus is revealed in the Old Testament Scriptures.

In December our missionaries ran a Hanukkah outreach in Golders Green and at Middlesex University, small menorahs with candles and tracts were given out.

The congregation continue meeting at a Café in the heart of Golders Green. As well as weekly Saturday Shabbat at a church facility in North London.

We successfully raised funds for the relief of Ukrainians suffering from the impact of the war with Russia and Fiona Sorbala served in Germany among the refugees for a number of weeks.

Fundraising & Communications

We are incredibly grateful to God for the faithfulness and generosity of our UK donors.

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CHOSEN PEOPLE MINISTRIES (UK)

TRUSTEES' REPORT

We had a successful Isaiah 53 online campaign in October and a Passover online campaign, generating new interest and sign ups to our regular ministry communications and news.

Chosen People Ministries (UK) Trustees Activities

The CPM UK Board met on a regular basis in person post Covid restrictions. The staff is grateful for the guidance and support of the Trustees.

Training

Following our policy of continually training new staff, our new missionaries from Hong Kong attended two separate Safeguarding training courses in January and February.

Conclusion and Future Plans

We expect to employ a half time church relations worker before the first of the year, 2023.

We will invite Fiona Sorbala to share the Directors duties with Mitch Glaser after approval by the CPMUK Board in October 2022.

We will continue to help Ukrainian refugees with their material and spiritual needs during the days ahead.

We plan to hold a major conference on Jewish Mission related topics in March of 2023.

Our Board will continue to meet in person three times per year to give guidance to the operational staff.

Financial review

The principal sources of funds for the charity are donations from individuals, trusts and partner organisations.

The main areas of expenditure during the year:

• Remuneration of staff and their expenses incurred pursuing their charitable activities

• Governance, administration and the communication with donors.

None of our Trustees receive remuneration from their work with the charity.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Page 6

CHOSEN PEOPLE MINISTRIES (UK) TRUSTEES, REPORT Statement of Trustees. Responsibilitles The Trustees (who are also the directors of Chosen People Mini.qtrip.< (UK) for the purposes of company law) are ￿sponsible for preparing the Trustees, report and the ffinancial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practlce} and applScable law and regulations. Company law requires the Trustees to prepare financial statement5 for each financial year. Under company law the Trustees must not approve the ffinancial statements unless they are satisfied that they give a true and fair view of the state of affaSrs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting pollcies and apply them consistently. obsp.rvp the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the ffinancial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companig.E Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small eompanies provision Statement This report has been prepared in accordance with the small companles regime under the Companies Act 2006. The annual report was approved by the Trustees of the charity on signed on its behalf by.. and Mr T Bath Chairman and Trustee Page 7

CHOSEN PEOPLE MINISTRIES (UK)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHOSEN PEOPLE MINISTRIES (UK)

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 30 June 2022 which are set out on pages 9 to 22.

Responsibilities and basis of report

As the charity’s Trustees of Chosen People Ministries (UK) (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

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

Independent examiner’s statement

Since the Company'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 that I am qualified to undertake the examination because I 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 matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of Chosen People Ministries (UK) as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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

...................................... G W Schulz ACMA Independent Examiners Ltd

1 October 2022

Page 8

CHOSEN PEOPLE MINISTRIES (UK)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2022

Note Unrestricted funds £ Income and Endowments from: Donations and legacies 3 234,701 Other trading activities 4 2,573 Investment income 5 18 Total income 237,292 Expenditure on: Raising funds 6 26,319 Charitable activities 7 139,663 Total expenditure 165,982 Net income/(expenditure) 71,310 Transfers between funds (23,106) Net movement in funds 48,204 Reconciliation of funds Total funds brought forward 119,320 Total funds carried forward 13 167,524	Restricted funds £ 112,213 125 - 112,338 - 122,024 122,024 (9,686) 23,106 13,420 58,607 72,027	Total 2022 £ 346,914 2,698 18 349,630 26,319 261,687 288,006 61,624 - 61,624 177,927 239,551	Total 2021 £ 279,842 1,295 1
			281,138
			25,068 257,172
			282,240
			(1,102) -
			(1,102) 179,029
			177,927

The notes on pages 11 to 22 form an integral part of these financial statements. Page 9

CHOSEN PEOPLE MINISTRIES (UK) (REGISTRATION NUMBER: 04611406) BALANCE SHEET AS AT 30 JUNE 2022 2022 2021 Note Current asset5 Debtors Cash at bank and in hand io 19,461 226 369 18,600 177,852 196,452 245,830 Creditors.. Amounts falllng due within one year Net assets 239 551 177 927 Funds of the charity: Restricted Income funds Restricted funds 72,027 58,607 Unrestricted Income funds Unrestricted funds 167 524 119 320 Total funds 13 239 551 177 927 For the financial year ending 30 lune 2022 the charity was entitled to exemption from audit under sertion 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts, These financlal statements have been ?￿pared in accordance with the speci31 proviEions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The financial statements o pages 9 to 22 were approvcd by the Trustees, and authorised for issue on .iid,. I and signed on their behalf by: Mr T tsath Chairman and Trustee The notes on pages 11 to 22 form an integral part of these financial statement5. Page 10

CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

1 Charity status

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 £5 towards the assets of the charity in the event of liquidation.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

Chosen People Ministries (UK) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Gift aid

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £5,000 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Buildings 3.33% straight line Building improvements 14.30% straight line Furniture and equipment 33.3% straight line

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Liabilities

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Fund structure

Unrestricted income funds are general funds that are available for use at the Trustees' discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

3 Income from donations and legacies

Unrestricted funds Designated £ General £ Donations and legacies; Donations 650 225,696 Gift aid reclaimed 150 8,205 Grants, including capital grants; Government grants - - Other income from donations and legacies - - 800 233,901	Restricted funds £ 101,842 8,614 1,757 - 112,213	Total 2022 £ 328,188 16,969 1,757 - 346,914	Total 2021 £ 218,306 14,886 34,358 12,292
			279,842

4 Income from other trading activities

Sales of literature	Unrestricted funds General £ 2,573 2,573	Restricted funds £ 125 125	Total funds £ 2,698 2,698	Total 2021 £ 1,295
				1,295

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

5 Investment income

Unrestricted funds General £ Interest receivable and similar income; Interest receivable on bank deposits 18	Total 2022 £ 18	Total 2021 £ 1

6 Expenditure on raising funds

a) Costs of generating donations and legacies

Mailshots

Unrestricted funds General £ 26,319	Total 2022 £ 26,319	Total 2021 £ 25,068

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

7 Expenditure on charitable activities

Note Administration costs Outreach and events Missionary support costs Travel and subsistence Rent, rates and insurance Light and heat Postage and telephone Equipment and maintenance IT service and software Printing and stationery Advertising Professional services Bank charges Miscellaneous expenses Governance costs Independent examination Staff costs 9	Unrestricted funds General £ 185 - 1,072 5,888 16,976 1,659 5,089 663 6,355 3,255 12,536 23,209 1,553 2,073 289 1,290 57,571 139,663	Restricted funds £ 217 26,498 6,158 5,193 - - 424 428 - - - - 165 - - - 82,941 122,024	Total 2022 £ 402 26,498 7,230 11,081 16,976 1,659 5,513 1,091 6,355 3,255 12,536 23,209 1,718 2,073 289 1,290 140,512 261,687	Total 2021 £ 8,485 13,584 8,227 1,258 16,591 1,338 4,082 3,203 7,376 452 5,826 44,156 1,056 3,368 209 1,290 136,671
				257,172

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

8 Trustees remuneration and expenses

No Trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No Trustees have received any reimbursed expenses or any other benefits from the charity during the year.

9 Staff costs

The aggregate payroll costs were as follows:

Staff costs during the year were: Wages and salaries Social security costs Pension costs	2022 £ 128,112 8,816 3,584 140,512	2021 £ 125,368 7,864 3,439
		136,671

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:

follows:
	2022		2021
	No		No
Staff		5		5

No employee received emoluments of more than £60,000 during the year.

10 Debtors

Prepayments Accrued income	2022 £ 14,621 4,840 19,461	2021 £ 13,628 4,972
		18,600

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

11 Creditors: amounts falling due within one year

11 Creditors: amounts falling due within one year
Trade creditors Other creditors Accruals	2022 £ 4,959 - 1,320 6,279	2021 £ 14,634 2,571 1,320
		18,525

12 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to - £3,584 (2021 £3,439).

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

13 Funds

Current year Unrestricted funds General General Funds Designated Building fund Total unrestricted funds Restricted funds Israel fund Daniel Nessim fund Simon Lissak fund Barry Buirsky fund Beit Sar Shalom fund Vladimir Pikman fund Fiona Sorbala fund Oliver Sims fund Ukraine fund Total funds	Balance at 1 July 2021 £ - 119,320 119,320 25 316 682 330 27,472 10 17,367 12,405 - 58,607 177,927	Incoming resources £ 236,492 800 237,292 460 5,781 17,946 299 27,220 31 27,579 13,836 19,186 112,338 349,630	Resources expended £ (165,982) - (165,982) (391) (5,135) (48,038) (596) (20,004) (36) (28,817) (10,930) (8,077) (122,024) (288,006)	Transfers £ (53,786) 30,680 (23,106) (69) (578) 29,410 (31) (17,283) (5) 12,868 (1,206) - 23,106 -	Balance at 30 June 2022 £ 16,724 150,800
					167,524
					25 384 - 2 17,405 - 28,997 14,105 11,109
					72,027
					239,551

The transfers from restricted funds are for administration charges.

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

Designated funds

Olive Tree fund represents the donations received by a mission set up in Leeds. The donations are used for the work of each individual missionary. The expenses incurred relate to travel, subsistance and other directly relate expenses.

Oliver Sims fund represented the donations received by a trainee missionary of this charity. The donations were used for the work of this missionary and relate to travel, subsistence and other directly related expenses. He is now employed part time by the charity.

Property fund is designated by the board to facilitate a future property purchase.

Restricted funds

Israel fund was established by Chosen Peoples Ministries Global Partnership to support the work of missionaries in Israel. Donations into this fund are forwarded by this charity to this fund, after expenses managing this fund have been deducted.

The following funds represent the donations received by currently employed missionaries of this charity. The donations are used for the work of each individual missionary. The expenses incurred relate to travel, subsistence and other directly related expenses:

Fiona Sorbala fund

Simon Lissak fund

Oliver Sims fund

Emily Emanuel fund - Emily Emmanuel ceased employment during the year and the remaining funds were transferred to general funds with the donors' permission.

Donations received by former missionaries of this charity or missionaries who are employed by Chosen People Ministries Global Partnership. The donations are used for the work of each missionary. The expenses incurred are directly related expenses. Surplus funds collected on their behalf are remitted to each missionary on a regular basis:

Daniel Nessim fund

Barry Buirsky fund

Vladimir Pikman fund

Gregg Hagg fund

Beit Sar Shalom fund represents the donations collected at meetings and other events and expenses incurred by a messianic congregation, led by one of our missionaries.

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

Prior year Unrestricted funds General General Funds Designated Oliver Sims fund Building fund Total unrestricted funds Restricted funds Israel fund Greg Hagg fund Daniel Nessim fund Simon Lissak fund Barry Buirsky fund Beit Sar Shalom fund Emily Emanuel fund Vladimir Pikman fund Fiona Sorbala fund Oliver Sims fund Total funds	Balance at 1 July 2020 £ 93,470 8,668 - 8,668 102,138 25 977 619 36,317 17 23,267 5,118 - 10,551 - 76,891 179,029	Incoming resources £ 188,819 3,788 - 3,788 192,607 460 - 5,881 13,563 348 29,029 7,701 - 24,602 6,947 88,531 281,138	Resources expended £ (169,423) (650) - (650) (170,073) (460) (2,250) (6,184) (49,198) (35) (11,324) (5,092) 10 (31,286) (6,348) (112,167) (282,240)	Transfers £ (112,866) (11,806) 119,320 107,514 (5,352) - 1,273 - - - (13,500) (7,727) - 13,500 11,806 5,352 -	Balance at 30 June 2021 £ - - 119,320
					119,320
					119,320
					25 - 316 682 330 27,472 - 10 17,367 12,405
					58,607
					177,927

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CHOSEN PEOPLE MINISTRIES (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

14 Analysis of net assets between funds

Current assets Current liabilities Total net assets Current assets Current liabilities Total net assets	Unrestricted funds General £ Designated £ 23,003 150,800 (6,279) - 16,724 150,800 Unrestricted funds General £ Designated £ - 137,845 - (18,525) - 119,320	Restricted funds £ 72,027 - 72,027 Restricted funds £ 58,607 - 58,607	Total funds at 30 June 2022 £ 245,830 (6,279)
			239,551
			Total funds at 30 June 2021 £ 196,452 (18,525)
			177,927

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