PRAYER HOUSE MINISTRIES FINAINCIAL STATEMENTS FOR THE YEAR ENDED MARCH 2025. Charity Number 109601)
PRA YER HOUSE MINISTRIES INDEX Content Page Index to the content Truslees repurt Accountanlq Certiticate Income and Expenditure A¢Unt Balance Sheel Notes to the Account Pa¥¢ I
Prayer House Ministries Trustees. Annual Report 1 April 2024 to 31 March 2025 My house shall be called a house of prayer for all people Isaiah 56.7 Charity Number: 1096015
TABLE OF CONTENTS Introduction.... Responsibilltles of the Trustees.... Misslon Statement of Pray8r House Minlstries............. OurVi8ion.......... Objedves of the Charity..... . Organisational Structure..... Flnance- se8 Flnancial R8POrtIStstsment ........... Risk Revlew... COVID and its Impact..... 10. Achievem8nts for the year ended 31 March 2025... 11. Global Reach............ 12. Conclusion. APPENDIX 1......................... WIX Data.. Period from 1 April 2020 to 31 March 2021 ...... . . APPENDIX 2................ . WIX Data.. Period frorn 1 April 2021 to 31 March 2022 ................................................. .... APPENDIX 3............................................. 10 X Dats.. Perlod from 1 Aprfl 2022 to 31 March 2023 ............................................................. 10 APPENDIX 4................. 12 WIX Data.. Period from 1 April 2023 to 31 March 2024 ... .12 APPENDIX 5.... .14 WIX Data: Perlod from 1 Aprfl 2024to 31 March 2025.............................................................14
PRAYER HOUSE MINISTRIES TRUSTEES, ANN AL REPORT 2024 to 1 March 2025 In The trustees of Prayer House Ministries are pleased to present their annual r8port, together wlth the financial 8tstsm6nts of the charity, for the year ended 31 March 2025. The trustees who seprfed during the ye8r and up to date (and vtho are also directors under company law, under the Companies Act 1985), yre as follows:. Mr Joseph Aghoml {ChaimianlPastor) Mr David Cotheld MS Patricla Grant Ms Margaret Douglas Ms Ros8 Mitchell Ms Naomi Leo (Church Administrator) Res n81blllti Company law requires the trustees to prepare financial statsments for each financial yèar end which give a true and fair view of Ihe state of affairs of the charity, as at thè balance sheet date, and of its incoming resources including income and expenditure. In pr8parfng th088 financial statements, the trustees followed best practice 8nd:_ selected sultsble accountlng policies, applying them consistently., made judgments and estimatss that were r8asonable and prudent; Stated whether applicable accounting standards had been followed, which were subject to any material departures disclosed and explain8d in the financial statements- and prepared th8 financial statsmènts on an ongoing concem basis, unless it felt it was inappropriats to assumè that the charity will continue on that basis. The tfU$tees were responslble for keeping accounting records which dlsclosed, with reasonable accuracy at any time. the financial position of the charity enabling them to ensure that the financial ststements complied with tha Companies Act 1985. The trustees were also r88pon$ible for safeguarding the assets of the chaTty and, as a result, t8king reasonable steps for the prevention and detection of fraud and other irregularities. A rlsk a8se88ment officer was appointed by the charity to revlew health and safety matters. A safeguarding offic8r was also appointed by the charity to review safeguardlng matters.
fPra Mlnlstrles PHM'S mission statement l8=. The power of the Holy Spirit to ministsr the word of God, Includlng all types of prayer.. to comfort, to exalt and to edify. (1 Corinthians 14.3 - But the one who prophesies speaks unto men for strength8nlng, enGouTrging and comfort.) rVI Using the grace of God In prayers to estsblish a Church for all men and a Church of excellencé in love. es h Charl The oblectives of the charity ar8:. (i) the advancement of the Christian faith worfdwide; and (11) the rellef of povety. To achieve the above obJectlve8, th8 charlty exercised the following:_ Engaged in running Sunday servlces from its church worship 8ddress at the Forum Greenwich, Trafalgar Road, London SE10 9EQ, which is in the London Borough of Gr88nwich', (li) Organised crusades; (ill) Evangellsed on a regular basis-, (iv) Held prayer meetlngs and Bibl8 studies,. (v) Organised youth activities in order to help Steer the youth 8way from crime and dlfficult situations, reaching them with the word of God. (vi) Opened their doors wide opgn to anyone in need of coun$8lling on any partlcular matter or issue. However, in ordér to enable the charity to cary out its oblectives effectively, we are actively looking for our own church building. An 818Cted board of at least slx members admlnlstsred the charity. The board m8t four times a year, as a minimum, and also had dlscussions aft8r church s8rvices on Sundays. Pastor Joseph Aghomi ("Pa$tor Joe,? was appointed by the board to manage the splrltual and day-tTrday operations of th• charity. There were volunteers assisting Pastor Joe in the adminlstration and other areas where support was needed in managing the tharity.
Flnan See Finan¢ial Reporustatement. Rlsk R vl The truste8s conducted their own review of the major risks to which the charity could be exposed and systsmswere establlshed to minimise those risks. Intemal procedures were also established and regularfy reviewed to ensure compliance at all times to overcome financial scams. VID and I Im Due to the global pandemic of COVID throughout 2020 and beyond, as instructed by the UK govemment, lockdown was observed by PHM and all of its UK branches, resulting in the branches overseas also b8ing subject to lockdown. As a 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 felt up to 2025. A COVID relief poverty programme was set up to support not only members of PHM but anyone in nd who experienced financial hardship. Despile tha difficultie$ that the COVID pandemic presente(18nd continuès to present, noted bel¢)w are the achiev8ments of PHM during the year ended March 2025. 1 March 10. chlov ents ende 26 (a) The workshop on spiritual emp¢)wemient which stsrted 12 November 2017 was a great 8vent and reorxurr8d during the year up to March 2025 and Is still ongoing. (b) Having gone on a Prayer Retreat to Ashbumham, Kent in the year 2020 (which was an exciting 8vent 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. (c) The Children's Ministy and Sunday School continued to Improve because of contributions from our Youth Ministsr and volunteeryJ, with Broth8r James Lwdcott Jr as Sunday School Teacher. (d) Livè, weekly ministrations on YouTubelFa¢8book and Soundcloud are ongolng and enabled PHM to reaGh the world, ministering to those neoding spiritual upliftment. The viewers and listeners were able to raisè questions about any particular matter, viith Pastor Joe taking time to mlnistsr to them, using the word of God. {8) Radio programmes are ongoing and èxposed PHM in the areas of evangelism. (f) The PHM branch which Started in Abula, Nigeria in January 2017 is still ongoing. {g) The PHM branch in Gloucestsr, which stsrted In 2019, Is still ongoing. (h) Pastor Joe and th8 ministers Gontinued to have daily outreach programm throughout the year. The overseas, mlni8try partnerships continued with our ministers in Kolkats, Now Delhi. India., Nairobi, Kenya: Cape Town, South Africa., Lagos and Ibadan, Nigeria,. Kingston, Jamaica., Manila, Philippines and Ontario, Canada.
ti) The Prison Ministry started by PHM in the year 2017 is slill ongoing. (k) The Social Media section on the PHM Website (whlch includes YouTube, Soundcloud, X (formerly Twitter) and Facebook) had over 2.000 PHM ministrations, which continued to be used as a point of contad for rèaching out to the world, to hear the Word of God for spiritual uplifting and guidance. New PHM ministrations are regularty being uploaded to the Social Media sectbon. (l) The PHM w8bslte also contsined a Guest Pag8 where vi8ltors could leave comments or raise any topics, wh8r8by they need8d spiritual clarity and guidance. Using th8 Word of God, Pastor Joe and the minist8rs ministered to those in need of edffication and this is slÈll ongoing. (m) Pastor Joe and the ministers regularly visited and prayed for those {1) suffering with illnesses (whether homebound or not). (li) needing spiritual upliftment., and 1111) needing encouragement, plus any other neets. whether 8t home or in hospital. (n) PHM worked towards havlng their songs, which they were endowed to writs. being made accessible to th8 world for both listenlng and enjoyment for spiritual uplifang. This is ongoing. (o) Despite COVID having had a huge impact on PHM'S church activities and finances during the start of the pandémic and upto4ats in 2025, PHM were still able to propagate thè unadulterated Gospel of Jesus Christ. 11. PHM began collecting data via WIX (a secure webslte) In 2020 during the COVID pand8mic, of those visiting the PHM website. WIX is a website that records and provides a breakdown of activities from countries across the wodd, where individuals visit and engage with the material contained within the PHM website. Individuals are also ablé to Send emails via the websits, whereby Pastor Joe and the ministers réspond accordingly, wh8ther by retum of email or ty telephone. The dats collected forthe 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, with the high8st engagement from the United 'ngdorn followed by the United ststes of America (see Appendix 1). For th8 period 1 April 2021 to 31 March 2022 during the COVID recovery period, the countries who frequ8ntly vlsited the websit8 were Canada, China, Gemany, India, Kenya, Nethertands. Nigeria, South Africa, the United Kingdom and the United States of America (see Appendix2). This Presented more activity from China and the Netherfands, demonstrating PHM'S global reach. For the pérlod 1 Aprll 2022 to 31 March 2023 the countrfes who frequently vlsited the website were Canada, Germany, India, Kenya, Nigeria and South Aft1, with the United Kingdom and th8 United Statss of America having prominence (see Appendix 31. For the period 1 April 2023 to 31 March 2024, most of PHM'S global reach were to countries such as thè United Kingdom, the United Ststes of America, Canada, China India, Kenya, Nlgeria and South Africa {see Appendix 4). See Appendix 5 for the current data up to March 2025. Most of PHM'S global reach were to countries such as the United States of Amedca, the Unlted Kingdom, Gennany, China and Canada.
12. Conclusi To conclude, PHM has undertaken Signthcant activity this last year, demonstrating its commitment to the Gospel of Jesus Christ. Charlty Name: Prayer House Ministrle8 Charity Number: 1096016
APPENDIX 1 WIX Dats: Porlod from 1 Aprll 2020 to 31 March 2021 Country Albanla Angola Antigua and 8arbuda Australia Austria Bangladesh Belarus Belgium Brazll Canada Chlna Colombia Denmark El Salvador Finland France Germanv Ghana Greece Hong Kon Indla Ireland Italy Jamaica Japan Kenya Lesotho Liberla Lithuanla Malaysla Mexico Mozamblque Namlbla Netherlands New Zealand Nigeria Norwa Pakistan Papua New Guinea Philippines Republic of the Con Unlque v151tors 29 15 40 18 25
Country Russia Rwanda Serbla Singapore South Africa South Korea Spain Srl Lanka Suriname Sweden Switzerland Taiwan Tanzania Thalland Uganda Unlted Arab Emlrates Unlted Kingdom United States Unknown Zambia Total Unl Unl ue v151tors io 474 245 ue Vlsftors er Count 996
APPENDIX 2 WIX Dats: Perlod from 1 Aprll 2021 to 31 March 2022 Count Australla Ban ladesh Brazil Canada Chlna Congo Cote dlvoirel Domlnlca Ethiopla France German Ghana Greece India Ireland Italy Jamaica Kenya Liberia Malay51a Mexico Namibia Nepal Netherlands New Zealand Nigerla North Macedonia Norwa Pakistan Papua New Guinea Philippines PortU8al Russia Saudl Arabia Sin apore South Africa south Korea Surlname Swltzerland Tanzanla Unlque vlsltors 23 14 32 35 18 45 29 io Togo
Country Trinidad and Toba Uganda United Arab Emlrates United Klngdom Unlted States Unknown Vlrgin Islands lU.S.I Zambla Total Unlque Vlsltors Unl ue vlsltors 367 178 er Count 834
APPENDIX 3 WIX Dala: Perlod from 1 Aprll 2022 to 31 March 2023 Country Angola Armenia Australia Bangladesh Belgium Brazil Canada Chlna Costa Rica Cote dlvoire Finland France Unlque Vlsltors 23 German io Ghana Greece Hong Kong Indla Indonesia Ireland Italy Japan Ken Malaysia Mexico Mozambique Myanmar Namlbia Nepal Netherlands New Zealand Nigerla Norway Pakistan Papua New Guinea Ines 33 14 18 Poland Portugal Romania Rwanda Singapore Slovenia 1¢
Country SoLÈth Africa South Korea ain Sweden Switzerland Tanzania Thalland Trinldad and Tobago Turkey Uganda United Arab Emirates United Kingdom United States Zambia Zimbabwe Total Unl ue V151tors Unlque Vlsltors 12 358 139 r Country 723
APPENDIX 4 WIX Data: Perfod from 1 Aprll 2023 to 31 March 2024 Country Argentlna Australla Bangladesh Burundi Canada China Cyprus Ethio France Gambla German Ghana India Indone51a Ireland Italy Japan Kenya Liechtenstein Lithuania Malaysla Mozambique Nepal Netherlands New Zealand Nigeria Norway Pakistan Papua New Gulnea Peru Phillppines Poland Portugal Rwanda Saudi Arabia Singapore South Afrlca South Korea Srl Lanka Switzerland Tanzania Unlque vlsftors li 20 13 13 io io 12
Country Trinidad and Tobago Uganda United Klngdom United States Uruguay Zambia Zlmbabwe Totsl Unlque Vlsltors Pef Country Unlque vlsltors 295 167 628 13
APPENDIX 6 WIX Data: Perlod from 1 Aprll 2024 to 31 March 2026 Country Australla Au5trla Bangladesh Belgium Brazil Canada Cayman Islands China Colombla Czech Republ1¢ Denmark Estonla Ethiopia Finland Fran¢e Germany Ghana Guatemala Hong Kong Hungary India Indonesia Ireland Israel Jamaica Kenya Llthuanla Malawl Mexlco Morocco Ne Netherlands New Zealand Nlgeria Norway Pakistan Papua New Guinea Phlllppine5 Poland Romanla Russia Rwanda Unl 13 ue vlsltors 17 35 45 14 22 14
Country Se chelles Singapore South Africa South Korea Spain Sweden Switzerland Talwan Tanzanla Thailand Trlnidad and Tobago Turkey U8anda Ukraine United Arab Emirates United Kingdom United states Zambla Zimbabwe Total Unlque Vlsftors Per Country Unique Vtsltors 15 262 829 1396 15
PRAYER HOUSE MINISTRIES ACCOUNTANTS CERTIFICATE FOR THE YEAR ENDED 3141 MARCH 2025. 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. inforn]ation and explanation supplied to us by the trustees, and certify that they are in accordance there-in. Topson & Lo 241 larbour I louse Coldharb()ur Lane Rainham RM13 9YB P8ge 4
PRAYER HOUSE MINISTRIES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDÉD 31 MARCH 2025. SUMMARY INCOME AND EXPENDITURE ACCOUNT. Nots8 Unr88trlctsd Rostricted 2025 2024 INCOMING RESOURCES Donaliuns 103903 103903 98694 Other voluniary income SDO Charity and ancillary trèjing TOTAL INCOMING RESOURCES 104783 10478 99194 RESOURCES USED Grants 5150 5150 3850 Direct parish eXpdIture 91020 91020 85893 Administratron 1581 1581 1533 TOTAL RESOURCES USED 977 97751 91276 NET INCOMING RESOURCES 7032 7032 7918 BALANCES BIF AT 8EGINNING OF YEAR 19622 BALANCES CARRIED FORWARD 26654 266S4 19822 P•Je S
PRAYER HOUSE MINISTRIES BALANCE SHEET as at 31 March 2025. Nots8 2025 2024 FIx8d a$ts Tangible assets 1152 Curront a880ts Cash al bank and in hand Rent deposit Creditor." amounts falling due within one year 27004 18¥20 500 Nel turrenl assets Net curwnt assots lès8 curront 26854 1847 26654 196 Fund8 Reslncted funds Unrestricted funds Totsl funds 26654 26654 19822 19622 12 Approved by the Tru5tee$'. Sign. Date.. P898 6 og- 01- a?>6
PRAYER HOUSE MINISTRIES NOTES ON FINANCIAL STATEMENTS For the year 31 Mah 202S. 1. kncovntlng Poiiel Thpfinartial e[EMoN n5webewBPzrÉl Urfeltheh¢l co0.8no InaccL¥ts4th Ihp$wwn•ntot omm4¢d praChc¢.¥Uni ènd ISORP 04oMr2000.PI•bXW1WjLIn1Js0 1gBS 2.Donaiknns Unr••tyietg¢b R•strfctsd Fnd1 Z020 2024 Tilnè5. OtfennBS 92574 11229 92674 87368 3.Other Yduntsry Incom (Xher¢oiiÈcbon5 600 4.Incorn• Irom chorftibl and an¢lllory trAdii1g P53¢ tapès 5.GraDts cnarltaNe giwng ReliÈfof PO¥ety ¢tyol Faith MITr1 N• branch 3600 3500 1650 30 850 $.Direcl ApOndre pastors & otngrvoluntew¥ pagtoi's expe Youth minty Chuth- iunnin9 Cost.. rent ahd rates mus8d wuipmntIA(GCrfs1 ielephorte rtpairs and seryices 14575 14575 3951 1642 21SO 870 1642 16985 50 1680 1440 541 6540 1005 20354 3955 6700 300 5584 1e9BS 1S728 1680 1440 341 e540 15 203S4 3955 8700 300 5584 1458 2765 Crusade & Evangelism cieafling Aominvoluntaws 4780 052 19554 3$50 6750 272 10698 849 Suiance l Evangel¢ffl & Conferen & tiaining Travél èx Inteinei exp8ll59& & $trÈanlr depreck31iD musical Instrurnents 1400 15 140U 2215 2376 870 nd 9102 01020 P¥7
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