PRAYER HOUSE MINISTRIES FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 2024. Charity Number 1096015
PRAYER HOUSE MINISTRIES INDEX Content Page Index to ihe conteiit Triistees reporl Ac¢ountaiiis Certificate Income and Expenditure Account Balance Sheet Notes to ihe Account Page I
Prayer House Ministries Trustees, Annual Report 1 April 2023 to 31 March 2024 My house shall be called a house of prayer for all people Isaiah 56.7 Charity Number: 1096015
TABLE OF CONTENTS Introduclion......... Responsibilities of the Trustees. Mission Slatement of Prayer House Ministries.............. Our Vision... Objectives of the Charity.......... Organisational Slructure. Flnan.......... Risk Review...... COVID-19 Response and impact............... 10. Achievements for the year ended 31 March 2023............ Global Reach............. 12. Conclusion...... APPENDIX 1 . WIX Data.. Period from 1 April 2020 to 31 March 2021....... APPENDIX 2.... WIX Data.. Period from 1 April 2021 to 31 March 2022.............................. APPENDIX 3...... 10 WIX Data.. Period from 1 April 2022 10 31 March 2023.............................. .10 APPENDIX 4. .12 WIX Data.. Period from 1 April 2023 to 31 March 2024............. .12
PRAYER HOUSE MINISTRIES TRUSTEES. ANNUAL REPORT ril 2023 to 31 March 2024 Introduction The trustees of Prayer House Ministries are pleased to present their annual report, together with the financial statements of the charity, for the year ended 31 March 2024. The trustees who Seed during the year and up to date {and who are also directors under cornpany law, under the Companies Act 1985), were as follows: Mr Joseph Aghomi IChaimanlPastor) Mr David Corfield Ms Patficia Grant Ms Margaret Douglas Ms Rose Mitchell Mrs Naomi Leo (Church Administrator) Res onsibilities of the Trustees Company law requires the trustees to prepare financial statements for each financial year end which give a true and fair view of the slate of affairs of the charity, as at the balance sheet date, and of ils incoming reSoUrS including income and expenditure. In preparing those financial statements, the trustees followed best practice and: selected suitable accounting policies. applying them consistenlly", made judgments and estimates that were reasonable and prudent., staled whether applicable accounling standards had been followed, which were subject to any material departures disclosed and explained in the financial statements, and prepared the financial statements on an ongoing concem basi5, unless it felt it was inappropriate lo assume that the charity will continue on that basis. The trustees were responsible for keeping accounting records which dis¢108ed, with reasonable accuracy at any lime, the financial position of the charity enabling them to ensure that the financial statements complied with the Companies Act 1985. The Irustees were also responsible for safeguarding the assets of the charity and, as a result, taking reasonable steps for the prevention and detection of fraud and other irregularities. A risk assessment officer was appointed by the charity to review health and safety matters. A safeguarding officer was also appointed by the charty to review safeguarding matters.
Mission Statement of Pra er House Ministries PHM'S mission statement is'.- The power of the Holy Spirit to minister the word of God, including all types of prayer-. lo comfort, to exalt and to edity. 11 Corinthians 14..3 - But the one who prophesies speaks unto men for strengthening, encouraging and comfort.) Our Vision Using the grace of God in prayers to establish a Church for all men and a Church of excellen in love. Ob-ectives of the Chari The objectives of the chafity are.'- the advancement of the Christian faith worldwide,. and (li) the relief of povety. To achieve the above objectives, the charity exercised the following'.- Engaged in running Sunday services from its church worship address al the Forum @ Greenwich, Trafalgar Road, London SE10 9EQ, which is in the London Borough of Greenwich.. {ii) Organised crusades.. liiil Evangelised on a regular basis., livl Held prayer meetings and Bible studies., {vl Organised youth activities in order to help steer the youth away from crime and difficult siluations, reaching them with the word of God. Ivi) Opened their doors wide open to anyone in need of counselling on any particular matter or issue. However, in order to enable the charity to cafry Out its objectives effectively, we are actively looking for our own church building. anisational Structu An elected board of at least six members administered the charity. The board met four times a year, as a minimum, and also had discussions after church services on Sundays. Pastor Joseph Aghomi I"Pastor Joe") was appointed by the board to manage the spiritual and day-to-day operations of the charity- There were volunteers assisting Pastor Joe in the administration and other areas where support was needed in managing the charity.
Finance Risk Review The trustees conducted their own review of the major risks to which the charity could be exposed and systems were established to minimise those risks. Internal procedures were also established and regularty reviewed to ensui'e compliance at all times to overcome financial scams. COVID.19 Res onse and im act Due lo the global pandemic of COVID-19 throughout 2020 and beyond, as instructed by the UK government, lockdown was observed by PHM and all of its UK branches, resulting in the branches overseas also being subject lo lockdown. Home visits ceased and pastoral care was provided to bolh members and non-members of PHM by telephone on a daily basis. Church ministration continued via a television channel to support both members and non-members spiritually during the pandemic. As church PHM returned to its church worship address in Greenwich in May 2021. Despite almost three years since the onset of the pandemic. the impact is still being fell up to 2024. A COVID-19 relief poverty programme was set up to support not only members of PHM but anyone in need who experienced financial hardship. Despite the difficulties that the COVID-19 pandemi¢ presented and conlinues to present, noted below are the achievements of PHM during the year ended March 2024. 10. Achlevements for the ear ended 31 March 2024 lal The workshop on spiritual empowerment which stsrted 12 November 2017 was a great event and reoccurred during the year up to March 2024 and is still ongoing. (b) Having gone on a Prayer Retreat to Ashburnham, Kent in the year 2020 (which was an excrting event full of revelation and knowledge that enlightened all those who attended), PHM still put into practice that which was revealed from Jehovah during the Prayer Retreat. Icl The Children's Minislry and Sunday School continued to improve because of contributions from our Youth Minister and volunteers, with Brother James Lescott Jr as Sunday School Teacher. {d) TV programmes on Faith World TV (channel 588} are ongoing and exposed PHM immensely as a worldwide ministration through the areas of preaching, evangelism, teaching and the prophetic. During the live, weekly broadcasts. there was a prayer line for callers to ring Pastor Joe and the ministers for prayers and spiritual guidance, with follow-up calls made by Pastor Joe and the ministers after the live broadcasts had ended. These weekly broadcasts are still ongoing up to 2024. lel Live, weekly ministrations on YouTube ale ongoing and enabled PHM to reach the world, ministering to those needing spiritual upliftment. The viewers and listeners were able to raise questions about any particular matter, with Pastor Joe taking lime to minister to them, using the word of God.
{fj Radio programmes are ongoing and exposed PHM in the areas of evangelism. Igl The PHM branch in Newcastle which started in November 2016 is sts'll ongoing. {h) The PHM branch in Manchester which started in December 2016 is still ongoing. The PHM branch which stsrted in Abuja, Nigeria in January 2017 is still ongoing. ') The PHM branch in Luton which opened its doors in February 2017 is still ongoing. (k) The PHM branch in Gloucester, which started in 2019, is still ongoing. Pastor Joe and the ministers continued to have daily outreach programmes throughout the year. (m) The overseas. ministry partnerships continued with our ministers in Kolkata, New Delhi, India., Nairobi, Kenya" Cape Town, South Africa., Lagos and Ibadan, Nigeria," Kingston, Jamaica., Manila, Philippines and Ontario, Canada. (nl The Prison Ministry started by PHM in the year 2017 is still ongoing. {0) The Social Media section on the PHM Website {which includes YouTube, Soundcloud, X (formerly Twitter} and Facebook} had over 1,000 PHM ministrations, which continued to be used as a point of contsct for reaching out to the world, to hear the Word of God for spiritual uplifting and guidance. New PHM ministrations are regularly being uploaded to the Social Media section. (p) The PHM website also contained a Guest Page where visitors could leave comments or raise any topics, whereby they needed spiritual clarity and guidance. Using the Word of God, Pastor Joe and the ministers ministered lo those in need of edification and this is still ongoing. Iql Pastor Joe and Ihe rninislers regularly visited and prayed for those (i} suffering Wlth illnesses (whether homebound or nol}, lill needing spiritual upliftment,. and lili} needing encouragement, plus any other needs, whether at home or in hospital. PHM worked towards having their songs, which theywere endowed to write, being made accessible to the world for both listening and enjoyment for spiritual uplifting. This is ongoing. {r) Isl Despite COVID-19 having had a huge impact on PHM'S ¢hurch aetivities and finances during the start of the pandemic and up-to-date in 2024, PHM were still able to propagate the unadulterated Gospel of Jesus Christ. 11. Global Reach PHM began collecting data via WIX {a secure websile) in 2020 during the COVID-19 pandemie, of those visiting the PHM website. WIX is a website thal records and provides a breakdown of activities from countries across the world, where individuals visit and engage with the material contained within the PHM website, Individuals are also able to send emails via the website, whereby Pastor Joe and the ministers respond accordingly, whether by return of email or by telephone. The data collected for the period 1 April 2020 to 31 March 2021 showed that the countries who mostly visited the website were India, Kenya, Nigeria, South Africa, Canada, and Germany, w1th the highest engagement from the United Kingdom followed by the United States of America (see Appendix 1).
For the period 1 April 2021 to 31 March 2022 during the COVID-19 recovery period, the countries who frequently visited the website were Canada, China, GetTnany, India. Kenya. Netherlands, Nigeria, South Africa, the United Kingdom and the United Slates of America (see Appendix2). This represented more activity from China and the Netherlands, demonstrating PHM'S global reach. For the period 1 April 2022 to 31 March 2023 the counlries who frequently visited the website were Canada, Germany, India, Kenya, Nigeria and South Africa, with the United Kingdom and the United Stales of America having prominence (see Appendix 31. See Appendix 4 for the current data up lo MaTch 2024. Most of PHM'S global reach were to countries such as the United Kingdom. the United States of America, Canada, China India, Kenya, Nigeria and South Africa. 12. Conclusion To conclude, PHM has undertaken significant activity Ihis last year, demonstrating its commitment to the Gospel of Jesus Christ. Charity Name: Prayer House Ministr es Charity Number.. 1096015
APPENDIX 1 WIX Data- Period from 1 April 2020 to 31 March 2021 Country Albania Angola Antigua and Barbuda Australia Austria Bangladesh Belarus Belgium Brazil Canada China Colombia Denmark El Salvador Finland France Germanv Ghana Unique visitors 29 15 Greece Hong Kong India 40 Ireland Jamaica Japan Kenya Lesotho Liberia Lithuania Malaysia Mexico Mozambique Namibia Netherlands New Zealand Nigeria Norwav Pakistan Papua New Guinea Philippines Republic of the Congo 18 25
Country Russia Rwanda Serbia Singapore SoLJth Africa South Korea Spain Sri Lanka Suriname Sweden Switzerland Taiwan Tanzania Thailand Uganda United Arab Emirates United Kingdom United States Unknown Unique visitors io 474 245 Zambia Total Unique Visitors per Country 996
APPENDIX 2 WIX Dats: Period from 1 April 2021 to 31 March 2022 Country Australia Bangladesh Brazil Canada Chin Con80 Cote dlvoirel Dominica Ethiopia France Unique visitors 23 14 Germany Ghana 32 Greece India Ireland 35 jamaica Kenya Liberia Malaysia Mexico 18 Namibia Nepal Netherlands New Zealand Nigeria North Macedoni 45 29 Norwav Pakistan Papua New Guinea Philippines Portugal Russia Saudi Arabia Singapore South Africa South Korea Suriname Switzerland Tanzania Togo io
Country Trinidad and Tobago Uganda United Arab Emirates United Kingdom United States Unknown Virgin Islands lU.S.I Zambia Total Unique Visitors per Country Unique visltors 367 178 834
APPENDIX 3 WIX Data: Period from 1 April 2022 to 31 March 2023 Country Angola Armenia Australia Bangladesh Belgium Brazil Canada China Costa Rica Cote dlvoire Finland France Unique Visitor5 23 Germany Ghana Greece Hong Kong India io 33 Indonesia Ireland Italy Japan Kenya Malaysia Mexico Mozambique Myanmar Namibia Nepal Netherlands New Zealand Nigeria Norway Pakistan Papua New Guinea Philippines Poland Portugal Romania Rwanda Singapore Slovenia 14 18 io
Country South Africa South Korea Spain Sweden Switzerland Tanzania Thailand Trinidad and Tobago Turkev Uganda United Arab Emirates United Kingdom United States Zambia Zimbabwe Totsl Unique Visitors per Country Unique Visitors 12 358 139 723
APPENDIX 4 WIX Data: Perlod frorn 1 April 2023 to 31 March 2024 Country Argentina Australia Bangladesh Burundi Canada China Unique visitors li 20 Cyprus Ethiopia France Gambia Germanv Ghana India Indonesia Ireland 13 Japan Kenya Liechtenstein Lithuania Malaysia Mozambique Nepal Netherlands New Zealand Nigeria Norway Pakistan P3pua New Guinea Peru 13 io Philippines Poland Portugal Rwanda Saudi Arabia Singapore South Africa South Korea Sri Lanka Switzerland Tanzania io 12
Country Trinidad and Tobago Uganda United Kingdom United States Uruguay Zambia Zimbabwe Total Unique Visitors Per Country Unique visitors 295 167 628 13
PRAYER HOUSE MINISTRIES ACCOUNTANTS CERTIFICATE FOR THE YEAR ENDED 31., MARCH 2024. In accordance with instruction given to us. we have prepared the Annexed Income and Expenditure account and balance sheet under the historical cost convention. using the accounting records. information and explanation supplied to us by the trustees, and certify that they are in accordance there-in. Topson & Co 24 Harbour House Coldharbour Lane Raiiiham RM13 9YB ]4lidv' Psg¢ 4
PRAYER HOUSE MINISTRIES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR EIIDED 31 MARCH 2024. SUMMARY INCOME AND EXPENDITURE ACCOUNT. Unr95triLttrd RutriGted 2024 2023 INCOMING RESOURCES Donations 98694 98694 88165 Other voluntsry Inme 500 500 770 Charily and ancillary Iradir TOTAL INCOMING RESOURCES 194 194 RESOURCES USED Granis 3850 3850 67(NJ Direci parish exppndilure 85893 85893 93610 Adminislralion 1533 1533 1144 TOTAL RESOURCES USED 91276 1014 NET INCOMING RESOURCES 7918 7918 -12519 BALANCES BIF AT BEGINNING OF YEAR 117 11704 2422 BALANCES CARRIED FORWARD 622 19622 11704 Page 5
PRAYER HOUSE MINISTRIES BALANCE SHEET as at 31 March 2024. 2024 2023 Fixed assets T8ngible assets 10 1152 2304 Current assets Cash al bank and in hand Rent dep0511 CreditOT. amounts falling due ¥thIn one year 18820 500 9550 soo 85 Nel Current assets Net ¢urroTht assets less current liabilitiès 470 11704 Funds ReslriGied funds Unrestricted funds Total funds 622 11704 Approved by the Truslees Sign.. Dale". Pag•8
PRAYER HOUSE MINISTRIES NOTES ON FINANCIAL STATEMENTS Forthè year 31 March 2024. 1. Ac¢ounbnB Poll¢le5 Thefina'iriÉl slaléffllS beon woParqdri slatemwrt¢t Comine pra. RqpMir4 byChaliLgisoRP2LWI Ociob¢r2W, St¥thrdi YJ 2.Oon?tIDns UntOStrlctgd Fundfj 2024 202) Funds Trthes. Oftpiiwi 87368 87 782C¢ 9956 TV 3.Othgrvduntsry incom• OlherColle¢ti¢KbS 770 00 770 4.InBomE from ¢harti•bl anciiiarytr4dlng 8aok5 and laPS 5.GrJnts pald klissionaryaMcharMabl Rel1 of poverty Ciiyof Fath Mini$try New branch 7ty) 3850 6.Dlrect rih •Ap•ThIr• P5$10rts pasiofs exp8n¥c yOh Minislry ChurGh- rutsnw 9377 2550 2150 870 21S0 B70 t9728 315 15728 31$ 14 276$ 134el 535 mu$lc and equipThIllAttSQ8$I ieleph)ne Irs and $¢fvice6 siatwgry & Printin9 Crusaoe S Evang81i5m 2765 5915 478Q 652 19551 3550 67 272 10698 e49 47BD 652 19554 3550 6750 272 5575 478 21232 4740 5875 AdMID V¢iunteer¥ Chikeo $an5 TV Ev8llg2115m &Advth1 12012 1840 709 ConfereTKe &ifoini19 2376 670 237$ 67D Inlwnet eypense¥8 $lwming depiecia110n. musKal 12 847 847 Page 7
7AdMInlrntyvB •xpondivJrq AOnInts1ee 2024 850 202J 494 144 8.N•t movvmgntin lundè iorth• ThB net mtr•emeni In fund ttylhe ywisslated 2023 2023 Dewe¢laiTr on t8n01b osE•ts A(CtanIS reML¥kirati¢ 11S2 g. PllnlSt•r•xyn8 pald durfnoth•y•r 10.T4ngitsiefix8d •5svIS Used ai(etttyfDitht Pgfi$h purpL 4uipment bwk V8e a131St March 2024 Doprnciatlon 11983 9659 cnoigè lurthB par Al 51$1 Marth 2023 book value 31 MÈrtn 2024 Nei bDok value 31 Mqicn 2023 10811 2304 Allfixed assasare use¢ Oir¢ctlyforthèchutth putyoges. 11.¢r•dhtots". fallng du• wfthln ono yvr AccDUlltantsl other cartorS Pay&8