First IPC Presbytery of the
United Kingdom
Report and Accounts
Year ended 31 December 2024
Documonl Ref.. ¢7KDH-SSZEF-MAMOQ.6EZDT

FIRST IPC PRESBYTERY OF THE UNITED KINGDOM
CHARITY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Timothy Houghton
Rev John B. Schutter
Rev David Thomas
Governing Document
Constitution dated 13 January 2021
Charity Registration Number
1114788
Principal Address
53 Drayton Green
West Ealing
W130JE
Independent Examiner
Miriam Hickson FCA
JCS Accountants Ltd
5 Robin Hood Lane
Sutton, Surrey
SM12SW
Bankers
HSBC UK
Nalwesl
Kingdom Bank
Virgin Money
Contents
Charity Information
Trustees, Annual Report
Independent Examiner's Report
statement of Financial Activities
Balance Sheet
Notes to the Accounts
Detailed Statement of Financial Activities with Comparatives
Page
7-12
13
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Page 1

FIRST IPC PRESBYfERY OF THE UNITED KINGDOM
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEM8ER 2024
The trustees have pleasure in submitting the Report and Accounts for the year.
Objects of the charlty
The charity is a charitable incorporated organisation and is governed by rts Constitution. The objects of the charity,
as sel out in the governing document are
to advance the Christian religion in accordance with the subordinate standard of faith as defined in the Book of
Church Order of the International Presbyterian Church I'BCO" l applicable to the member congregations of the
churches in Presbytery in the United Kingdom or elsewhere In the world as the Trustees from time to lime think fil and
to fulfil such other purposes consistent with the BCO which are exclusively charitable according to the law of England
and Wales and are connected with the charitable work of the Trust, inter alia this includes (but 15 nol Iimrted lol the
objects.
al to further the religious and other charitable work of the denomination known as the International Presbyterian
Church I'IPC") anywhere in the world,
bl to care for and govern congregations of the Presbytery an￿here in the world in accordance wrth Iradrtional
principles of Presbyterian government as sel out in the BCO,
c} to advance Christianrty in any part of the world by means of planting new churches under the auspices of the IPC
and in a¢cordance with its governmenl.,
d) to provide or augment the remuneration of any pastOT or elder in the IPC OT assist him in meeting the expenses
incurred In the performance of his duties or relieve in cases of financial need pastors or elders or retired retired
pastors or elders who have served in any congregations under the care and governance of the Presbytery,
el to advan￿ religious education in accordan￿ with the doctrines and principles of the IPC as set out in the
Constitution by means of training and examining prospective pastors or elders or deacons or missionaries for service
in the ministry of IPC anywhere in the world or by means of eslablishing in the United Kingdom or Europe a seminary
for that and other purposes ancillary thereto
Summary of the charity's main activitles and achievements
To further the above objects and vision, Ihe charity's main activities and achievements were as follows.
a) Convening regular meetings of the Presbytery and its committees,
bl examining and ordaining leaching and ruling elders in the various churches of Presbytery,
cl makin9 grants to individuals under care of Presbytery studying al serninary, and church plants under care of the
Church Planting Committee, and
dl providing oversight and support to churches and church plants of Presbytery.
Most of the Charity's activities are undertaken by volunteers and the charity could not operate effectively without their
efforts.
In planning the activities the Trustees have applied the guidance on public benefit Issued by the Charrty Commission.
Structure. Governance and Management
Responsibility for setting policy and for determining the parameters within which the charity should operate rests with
the trustees who meet regularly to monitor the activities of the charity Responsibility for the day to day operation of
the charity has been delegated to the moderator and clerk, and a range of committees appointed by the Presbytery
New trustees are recruited and appointed the members of the charity by a majority vote.
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Financial review
During the year income Increased by £1,876 to £195,750, and expenditure increased by £71.943, to £195, 156. As
result surplus for the year decreased by £70,067, 10 £594 and the charity's nel assets increased by the same amount,
10 £406,268. Net current assets also increased by £594, to £406.268.
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash sufficient so that the charity could
continue to operate should income and l oi expenditure vary adversely At Ihe year erKJ, the chaTlty held unrestricted
cash lunrestricted cash in general fund less credilorsl of £51, 08812023 £38,564) and the charrty is complying with its
reserves policy. The charity can draw on additional contributions from churches who are part of the denominalion
should the need occur
Going Concern
After reviewing the CIO'S forecasts and projections. the Trustees have a reasonable expectation that the CIO has
adequate reSoUr￿S lo continue in operational existence for the foreseeable future.
Key risks and uncertsinties
The charity Is exposed to various risks - be they operational, financial or reputational The trustees review the
charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to
miligale those risks
Responsibilities of trustees
The trustees are responsible for preparing the trustees, annual report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢cepted Accounting
Practice).
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the slate of the affairs of the charity as al the balance sheet dale and of Ils incoming resources and
application of resources, including income and expenditure, for the financial year. In preparing these financial
slatements, the trustees are Fequired to.
1. select suitable accounling policies and apply them Consistently,
observe the methods and principles In the Charities SORP.,
3. make judgements and estimates that are reasonable and prudent..
4. state whelher Ihe applicable accounting standards have been followed, subject to any material departures
disclosed and explained In the financial statements., and
5 prepare the financial statements on a going concern basis unless rt is inappropriate lo presume that the chanty
will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approval
This report was approved by the trustees and signed on their tehalf by..
REV JOHN B SCHUTTER
Date..
2025-07-14
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Page 3

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
FIRST IPC PRESBYTERY OF THE UNITED KINGDOM
{'the Charity,)
I report to the charity trustees on my examinalion of the accounts of the Charity for the year end8d 31
December 2024 on pages 5 to 13.
Responsibilities and basis of report
As the charity's trustees of the Charitable Incorporated Organisation you are responsible for the preparats'on
of the accounts in accordance with the requirements of the Charikn-es Act 2011 ('the Act,).
I report in respect of my examination of the Charity's accounts carried out under sects'on 145 of the Act and
in carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in conneckn'on with
the examinats'on giving me cause to believe:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act., or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that
the accounts give a 'true and fair, view which is not a matter considered as part of an independent
examination.
I have no Concerns and have come across no other matters in connection with Ihe examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Miriam Hickson FCA
Member of the Institute of Chartered Accountants in England & Wales
JCS Accountants Ltd
5 Robin Hood Lane
Sutton, Surrey
SM12SW
Date..
30 JLLLY 202S
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FIRST IPC PRESBYTERY OF THE UNITED KINGDOM
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Total
Funds
2024
Totsl
Funds
2023
Unrestricted
Funds
Restricted
Funds
Note
INCOME AND ENDOWMENTS FROM..
Donalions and legacies
Charitable activities
Investments
11,271
22,636
8,543
153,300
164,571
22,636
8,543
173,579
15,581
4,714
Total income and endowments
42,450
153,300
195,750
193,874
EXPENDITURE ON:
Charitable acts'vities
35,568
159,588
195.156
123,213
Total expenditure
35,568
159,588
195,156
123,213
Net in¢omel{expenditure)
6,882
(6,288)
594
70,661
Transfers between funds
12
483
7,365
483
(6,771 >
594
70,661
Net movement in funds
7,365
{6,771>
594
70,661
Reconciliation of funds..
Total funds brought forward
46,363
359,311
405,674
335,013
Total funds carried forward
12
352 540
406,268
405,674
The statement of financial activities in¢ludes all gains and losses recognised in the year.
AJI income and expenditure derive from continuing operations.
The notes on pages 7-13 form part of these accounts.
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Page 5

FIRST IPC PRESBYTERY OF THE UNITED KINGDOM
BALANCE SHEET
AS AT 31 DECEMBER 2024
Total
Funds
2024
Total
Funds
2023
Unrestricted
Funds
Restricted
Funds
Note
CURRENT ASSETS
Debtors
Cash at bank and in hand
341
56.307
341
410,837
253
409,326
354,530
56,648
354.530
411,178
409,579
CREDITORS: Amounts falllng
due wlthln one year
10
12,9201
11,9901
14,9101
13,90SI
Net Cuf rent assets l {Ilabllltlesl
352 540
406 268
405 674
Total assets less current Ilabllltles
53,728
352.540
406,268
405,874
TOTAL NET ASSETS
352 540
406 268
405 674
FUND BALANCES
Unrestricted Funds
General fund5
Designated funds
12
51.429
2,299
53.728
51,429
2,299
53.728
38,817
7,546
46,363
359,311
Restricted Funds
352,540
352,540
406 268
352 540
405 674
The financial statements were approved by the Board of TrL(Stees and were signed on its behalf by..
JOAA 6
REV JOHN B SCHUTTER
Date..
2025-07-14
Charrty number..
1114788
The notes on pages 7-13 form part of these accounts.
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Page 6

FIRST IPC PRESBYTERY OF THE UNITED KINGDOM
NOTES TO THE ACCOUNTS
FOR TrIE YEAR ENDED 31 DECEMBER 2024
Statutory Infonnation
The charity is a charitable incorporated organisalion registered with the Charty Commisgon in England & Wales. Thè charity's
registered number and principal address can be found on the Charity Information page.
Accounting Policses
These financial stalemenls are prepared on a going concern basis, under the historical cost ￿)nventIOn, rounded lo the nearèst £.
These linanoal slalemenls have been prepared in accordance wllh the Slalemenl ol Recommended Practice.. Accounting and
Reporting by Charities preparing their a¢counls in accordance with the Financial Reporting Slaftdard applicable in the UK and
Republic ol Ireland IFRS 1021 I'lhe Charities SORP'I, with the Financlal Reporting Standard applicable in the United Kingdom and
Republic of Ireland I'FRS 102,1 and wrth the Charities AGI 2011. The charity meets thè definition of a public benefit entity as sel out
In FRS 102.
The principles adopted in the preparation of the linoncial slalemenls are sel OLtI below.
oi
The Iruslees have a&gessed whether the use of Ihe golng eoneern basis 1$ appropriate and have consldered possble events or
¢ondilions that might cast Significant doubl on the ability of the Charity lo continue as a going concern The Iruslees have made Ihis
assessment for a period ol al least one year from the dale ol approval of the financial stalemenl8. In part1¢ular the Iruslees have
considered the charills lorecasls and projections and the pos&ble Implications should projected Income and l or expenditure vary
uneypecledly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resource5 to
continue lo operate lor the loreseeable lulure. The charity Iherefoie continues lo adopt the going concern basis in preparing its
flnancial 31?1gmenls.
Income, including investment and grant income, is recognisec* ln the period in whi¢h the charity becomes enlilled lo receipt, the
arnounl receivable can measured with reasonable ￿rtainty. and receipt Is probable. For the m05t part, income is generally
recognised when il is received. Income Is Only deferred when the charity has lo lullil condrtions before becoming entitled lo il or
wheie the donor ha$ specified that ltte Income 18 to be expended in a lulure period.
Income Irom donations includes..
Recoverable gift ald. This is recognised when the related donation is recelved. Gift aid that has not been recJ)vered by the
balance sheet dale is included as a debtor.
Tho charity relies on volunteers lo carry out rnany of ils a¢livi1￿$. However. In acts)rdance with thè SORP, the value of these
services has not tseen included in these financial statemen18 as they cannot be reliably measured
Income from charitable activities represents income receivable Irom goods, setvices and facilities Supplied in furtherance ol the
charity's charitable objects. tt predominantly includes income from conferences.
Expenditure, including irreeover8ble VAT. Is recognised when il Is incurred or. if earlier, when a legal or conslruclive obligation for a
payment arises provided that Il is probable Ihal selllemenl will be required and the amount ol the obligation Gan be measured
rellably.
The ¢harily makes grants lo other Inslilulions and individuals lo further its charitable objectives. Grants payable are recognised as
constructive obligations arise, which is generally when the charity &Kpresses a commitment lo the recipient that can be measured
reliably and then only lo the exlenl that any conéilions associated with the grant are outsde of the control of the charty.
The cost ol rai￿ng funds is not signilicanl and has not been ￿paratelY disclosed.
Governance costs, ￿1¢h are included in expenditure on charitable activits'es bul arg identified separately in the notes lo the
a¢￿Unt$, includes costs associated with the independent examination ol the financial statements, compliance with constitutional
and slalulory requirements and any other expenditure 1ncurred on the strategic management ol the charity.
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dl Fund accountin
General funds are unrestricted funds which are available for use al the discretion of the Iruslees in furtherance of the general
objectives tsl the charity Designated funds comprise unrestricted funds that have been sel aside by the trustees for particular
purposes. Restricted funds are donations which are lo be used in accordance with specific reslriclions imposed by donors,. they
include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as
¢apilal in accordance with the donofs wishes. The nature ol the restriction determines whether the endowments represent
permanent endowmen15 or expendable endowments.
The charity has taken advantage of the various reliets from laxalion available to charrties and no lax is payable on the charS1ls
income.
Financial instruments
The charity's financial assets and financial liabiliti•$ all qualify as basic financial instruments. as defined by FRS102. Except for
88nk deposits which are immediately available, or with a notice period 014 months or less. are classfied as"Cash at bank and in
hand"
re
arin
a cashflow slalement
The charily has taken advantage ol an exemption conferred by the Charities SORP and has not prepared a cash Ilow stal8menl.
h)
In preparing financial slalemenls certsin iudgemenls, eslimales and assumptions have lo be made that alfeol the amounts
reGo9nised in the financial slalemenls The Iruslees consider the following lo be signlficanl..
il The conslruclive obligation lor grants payable Is based on an assessment ol the likely duration of the supported activity. Again
this gslimale is re-assessed annually and the obligation is adjusted lo reflect current expectations.
Donations
2024
2023
Donations ol cash and similar
Income lax recoverable
158.365
6.206
164 571
167,803
5,776
173579
Income f¥om charitable activities
2024
2023
Calalysl Conference
22.636
15,581
15581
Investment incorne
2024
2023
Bank interest
8,543
8543
4,714
Charitable expendlture
2024
2023
Costs incurred directly on specific Jctiwlies
Conference
Church plan11ng cost5
Presbytery meetings
Salaries. travel and expenses, including admin assslance
IT and ￿￿Ore
Insurance
27,877
1,560
14,015
1,125
543
4,598
534
531
21,346
3.026
564
548
Grants payable Inole 6¢)
159,588
193163
99,388
120,734
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Costs Incurred on support & administration
Governance costs
Independent examiner's lee
1.920
1.920
1.854
1,￿4
Printing, postage and stationery
Subscriptions and professional lees
Bank charges
595
30
2.479
73
1,993
Total expenditure
123213
The lee payable to the independent examiner for examining the accounts was £1,95012023.' £1,854).
Grants payable
Inslilutlons
Indlviduals
2024
Grants lor church planting
Grants lor education, inclLtding ministry Irair¢ing
75.wo
75.fJ)O
84.588
159588
40,588
40 588
119000
The comparatives for the previous year are as follows..
Inslilulions
Individuals
2023
Grants lor church planting
Grants for edLtcalion, including minlslry training
20.000
24.000
20,000
79,388
55.388
The charity's principal grants lo institutions comprised..
2024
2023
Trinity Church Cheslei
All Nations Illord
Christ Church Derby
Trinity Church York
30,000
10.000
35.000
44 000
44 000
Analysls of staff costs, the cost ol key rnanagemenl personnel and trustee rernuneratlon
The charity did not employ any staff during the ye8r12023'. nill. Most ol the ¢haTItYs activities are carrbed out by volunteers.
The charity's key managemènt comprise the Iruslees and the key staff named on the Charty Inlormalion page. No employment
benefits were payable lo key management during the year12023.' nil).
No Iruslees reckived employment benefits or expens8s in either the ctsrrent or preceding year.
Oebtors
2024
2023
Falling due within one year:
Tax recovefable
Prepayments and accrued income
341
253
341
253
Total debtois
341
253
Cash at Bank and in Hand
2024
2023
Cash at bank with immediate access
Notice deposits Iwlh a term of three months or lessl
Notice deposits Iwth a term ol four months}
231,198
74,648
104,991
410837
236,282
72,536
100,508
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10 Creditors: liabilities lalling due wtthin one year
2024
2023
Accruals
Deferred Income (note 111
Grant obligations
2,920
1,854
1,990
2,051
11 Deferred income
Deferred income Comprises the following.
Conlerence
Income
X124
2023
Balance al the beginning of the reporting period
Arnounl released lo inwme
Balance al ltte end ol the reporting period
500
500
12 Funds
During the year the mov8m¢nls in the Gharity's funds were as follows..
Opening
Income
balance
2024
Expenditure
Transfers
in the year
2024
Gainsand
losses
2024
Closing
balance
2024
2024
2024
Design8led Funds
Calalysl ￿nference fund
7,546
22,636
127.8831
2,299
7,546
38,817
22,636
19,814
127,883>
17.6851
2,299
51.429
General Unrfrstricled Funds
Total Unrestricted Funds
46,363
42.4SO
135,5681
53,728
Restricted Funds
Church pl&nh"ng funds
Church Planting fund
Lincoln Church Plant
238,063
57,801
9,590
175,000}
220,864
9,590
Other funds
Diaconal fund 8 other resourees
Buildings & Ministers,
14831
86,795
10,122
76,917
Educafvon & training lunds
AW Pastoral Education fund
MK Pastoral Education fund
ST Pastoral Educats'on fund
ZL Pastoral Education lund
Asw'stanl Ministers Training Fund
159
16,003
7.410
17.017
35,198
11591
116,0031
17.4101
117,0171
143,9991
53,970
45,1e9
359,311
153,300
1159,588)
14831
352,5410
Aggregate of funds
405,674
195.750
{195,1561
406.268
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Analysis of net assets by fund
Thè assets and liabililies of the vartous fund5 were as follows..
Un¥estricled Funds
Genera1
De&gnated
runds
funds
Restricted
funds
2024
Debtors
Cash al bank and in hand
Creditors falling due within one year
341
S3,008
11.9201
341
410,837
{4,9101
3.299
{1,0001
354,530
(1.9901
51.429
2.299
352.540
406,268
In the previous year the movements in the charrty's funds were as follows..
Opening
Income
balance
2023
Expenditure
Transfers
in the year
2023
Gains and
losses
2023
Closing
balance
2023
2023
2023
Deggnated Funds
Catalyst conference fund
5,980
15,581
114,0151
7,S46
5,980
15.581
114,0151
7,546
General Unrestricled Funds
30,794
17,303
19,2801
38,817
rot81 Unrestn'cted Funds
36,774
32,884
123.2951
46,363
Restri¢tgd Funds
Church planting funds
Church Planting lund
201,313
S7,280
120,5301
238,063
oth8r lunds
Di8¢0nal lund 8 other resources
Buildlngs & Ministers.
57,933
8.862
66,795
Educats'on & tr•ining fvnds
AW Pastoral Education lund
AK Pa51oral Education fund
MK Pastoral Education fund
ST Pastoral Education fund
ZL Posloral Education lund
As&stanl Ministers Tralning Fund
196
6,635
21 ,363
8,759
18,435
39,460
11961
16,6351
121.3635
18,7591
118,4351
124,0001
38,510
53.970
298,239
160,990
199,9181
359,311
Aggregate of lunds
335,013
193,874
1123,2131
405,674
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Page11

Anatysls of net assets by fund
In the previous year, the assets and liabilitie5 01 the various funds were as follow5.'
Unreslrided Funds
General
Designated
funds
funds
Restricted
funds
2023
Debtors
Cash al bank and in hand
Credrtors falling due within one year
253
41.969
13,4051
253
409,326
13.9051
8.046
15001
359,311
38.817
7,S46
359.311
405.674
The deggnaled Calalysl conference fund represents the surplus generated ty the Calalysl conferenGe in the current and previous
years Funds generated by this conference have been designated for future investment In this conference.
The church planting lunds rep￿sent funds rerEived for particular church plants ILincoln, Coventry and Cheslerl and general church
planting activities ol the IPC. The Buildings and Ministers, Accommodation Fund IBMAFI represent funds received lo provide
support lo IPC churches lo purchase buildings.
Pastoral education funds represenl funding raised for the education ol men under care ol presbwery al seminary or Bible college.
As funds other than the Church Planting, Diaconal, 8MAF and Assistant Ministers. fund are committed al year-end. any surplus
available in these funds are recogniseé as grants payable and rep)rted as amounts owed at year4nd in accordance with the
SORP.
The Iransler in the current year from the reslricled Diaconal Assistance Fund lo the General Fund follows a decion rnade by the
Iruslees pursuant lo the new powers enacted by the Charities Act 2022 relating to fundraising appeals, as the amount is below the
£1,000 threshold envisaged in the Act, and the trustees believe the orlginal purposes ol this fund can be achleved from the General
Fund if needed
13 Tfansactions with related partles
David Thomas who 18 a Ifustee is also a truslee of All Nations Chufch, Ilford ¥thich rÈctived a £10,000 grant from the A¥¥stant
Minister Training Fund. Grants are approved by ¢y)mmillees and the lull pr&sbytery. and there 15 thus no conflict of interest.
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CERTIFICATE of SIGNATURE
REF. NUMBER
C7XDH-SSZEF-14AIIQQ-6EZDT
nf.IIK4FP4T r.pi.IPl FT
AI I PA TrTIFq ri
14 JUL 2025 12:53..13 Tyrc
SIONER
TIMESTAMP
SIGNATURE
JOHN B SCHUTTER
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BARR¥SCHUTTZR@r3MAIL. COM
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JoA6(6 JcA14Her
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