Charity Registration Number . 1115743
BALM OF GILEAD WORLD MINISTRIES TRUST
A CHARITABLE UN-INCORPORATFD ASSOCIATION
TRUSTLLS, REPORT
AND
FINANCIAL STATEMENTS
FOR THEYEAR ENDED
31 DECEMBER 2024

BALM OF GILEAD WORLD MINISTRIES TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Sidanisile Ndlela
Rob8on Utete
Charlty Number
Registered Office
3 WILCE AVENUE
WELLINtiBOROU(iH
NN8 2QL
N¢w Horizons SLrviLes Ltd
Vision 25, Innova Park
Elcctric Avenue
Enlicld
EN3 7GD
Indepeiideiit Examiner

BALM OF GILEAD WORLD MINISTRIES TRUST
CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustecs, Rcport
Independcnt Examiner's Rcport
9-10
Statement of Financial Activities
Balance Shcet
12
Note8 to the Financial Statements
13- 17

BALM OF GJLEAD WORLD MINISTRIES TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trusleLS prcscnt their annual rcport and financial statcmcnls for thL ycar Lndcd 31
December 2024.
End of Year Trustees Report
ThL Trustees havL pleasure in prcscnting tliLir repc)rt and the finaiicial statcnicnts for thL
cli(irily for lh¢ year 2024. Thu Tru%lLLs hdVL &idoptLd thL pruvi%ioii% ot, ALLouiitinLF iiiid
Ileporting by Charities: Statement ot. Recomiiiended l)ractice applicable to cliarities
prLPiiriiig> their <lLL()Ullts in ¢tccord<inLe witli the Fiii<iiicial Rcportin&y Staiidard iippIiL(Iblc in
tlIL UK and the Republic of Ii'¥laiid (FRS 102) (Lft"LctivL l Janliary 2015).
Introduction
Thc trLlStccs prL5L'nl tlicir annual rLport and accounts for thc ycar 2024.
Tlie chiirch h(l.% eni)ubyh fLiiid.4 to cover Lincrg7LIILCS or unlorc%cLn dirriLiiltie% for 6 moiith%.
Thc8L tunds arc hL'dg7L'd 50 thal tIiLy arL not LISLd lip. All B2( Im i)f" CyilLad MinistriL.% t'unds
Lomc from its IncinbLrs (ind Gift Aid.
Thc Churcli fiiiaiiLes flucliiale troin tiine to liiiic Iiowcver whLii Ihc t'itnd% ¢ll'C low thc church
mcmbLrs givc to supp()rt thL work nLLd arisc.g. For tlIL activitiLs that ar¢ LonduLtLd durin
the courge of the year, the individual.% who attend %pon%or Ihein%elve%.
Tlie only aLtivily that iliL LliurLlI l unds L()ver is ilie rn<iin Annu(Il ConlcrenLe and mosl ol'ilie
timLs, monLy contribulLd by ilic LhurLh mcnibLrs LovLr ihc LXPLllsLS of ihc Church
ConfL'rcnccs.
The b()ard of tru8tecs is sati%ficd with the perlorinancc ot" Ihc Lhurch duringy Ihe year and
Lon%idcr tliat thL chiirch is in a good position to Lonliniic itg dclivitics duringT ihL Loming yLar
and that the church's assets are adequate to fulfil its oblibFations.
Things to Note in 2024
High Wycombe Branch
The church has gyrown in numbcr duc to cvang7clism aclivilics
Northainpton Brancli
-numbcpi Stable

evangclism cfforts continuc
South-end Branch
-evangelism dCtivitie.s continue in order to grow the church
the change their venue for their church services as their previous church building was sold
Romford Branch
church growth stable
evangLlisin contiiiues
Main Annual Church Activities
Wc had a suLccssfiil Lhurch LonfLrLnLc iii May, yoiith Lamp in Jiily, ladics confcrcncL in
September, men's contereiice and international day in Novcmber.
Pastors missionary trip to Ziiiib(Ibwe 3 timLs a yLar
Zoom prayer meetings continue bcinLF held .1times a week.
Church in Zimbabwe
Ma.IvinRo Branch
-thc church is doiiig) wcll and &vrowin8 in iiunibci's
Zhilo Branch
-church is gyrowing aiid iq doing wcll
Bulawayo City Centre Braneh
-doing well and 18 growing.
-got a .8tand for construction of the church building
-the senior Pastors &70 rcgularly to church on how the church is going.
Bulawayo Emgonwini Branch
-church branch is now combincd with the City Centrc branch and transport is provided

Other Changes
Grace Petula Habbersliaw and Mcrica Cox are responsibl¢ for Safegu<wding policies and
measures.
The church contributcs £700 towards Pastor Jocl Cox and family rcnt.
ThL house is bcinL% uscd for IcadLrship mcctingis. youth mcctin&FS and biblc studics as WL do
not have a church office or buildingy of our own.
The chui'ch Lontinues to support the church in Zimbabwe.
The amount of money sent to support the Lhurch in ZimbabwL can vary as need changes.
Name and registered offiee and constitutioi) of tIiL' Church:
Thc full nanic of thc Church is Biilm of CJilcad Worlcl MinistriLs Trusl
Objectives and Activities of the Church
A summary of the objectivcs ol.the churLh %el uut in its gioverninLi doL'umenl.
Public bcnLfits that is providcd by thc church:
To <ldvllncL' tlic Christicin faith (iii accordancc with tlic ,statcniciit of bclicf.s) iii sucli way% aiid
in suLlI parts i)f thL UnitLd Kingdom or the World as tIiL trustLLs froIii timLA to tiine may tliink
fit.
To relievc sickness and financial hai'dship and to proinolc and preserve Llood health by the
provision of funds, gyoods or scrvicLs ot. any kind, includingF througvli thc provision of
ounsellingy and support in such parts of the United Kingdom or the World as the Trustees
from liine to tim¥ niay think lit.
And to adv<1nce cducalion in such way aiid in such parts ofthe United Kingdom or the World
as tlie Trustces troiii timc to tiinc iiiay tliiiik lit.
Main Church Activities Planned for 2025
LadiLs Annual Conference IC)_22 Scptembcr
Man Annual Confcrcncc-2-3 May
Youlh Confereiice-25-27 July
Man's Annual Coiifercnce - 7-9 Noveiiiber
Thaiik8giviiig Service -23 Noveniber

Missionary Trip to the USA 6 -15 Octobcr
Pastor Mission£￿ trip to Zimbdbwe 2 times a year
The other activities will continue as usual
Availability and Adequacy of Assets of each of thc Funds
The board of trustLLS IS SatisfiLd that the Lhurch's assets in each fund are available and
adequate to fulfil itti obli&i<ltions in respect of eaLh fund.
The church trustccs rcscrvc thc right to changc any of thc laid down expcnses as it L¥cts biggcr
and its needs changye.
Financial Statements
Thc financial statcmLnts havc bLL'n prLparcd in accordancL with ihL StatL'niLnt rccommLndccl
practicc tor accountiiig and rcporling by charities issucd by the cliurcli coinmissioii ot
Enbyland and Walcs.
As statLd in the inlroduction to this report, the Truèytces consider the financial performance
by the church during the year to have been 8atist'actory.
Thc nieinbers ot" the board of Trustees ot the Church duringy tlie year ended 31 stDecember
2023 were Miss Siddnisile Ndlela and Mr Rob4on Utele.
BALM OFGILLAD WORLD MINISTRIES TRUST Repori ofiiie Trusiee8 Coi)lii)ued
OBJECTIVESAND ACTIVITIES
ObjcLtives and aims
The trusteLS havc considcred the Charity Commission's guidance on public benefit,
iiicludiiig tlic guidaiice 'public bciiefit: 11]iiiiiiig a cl)ai'ity (PB2)'.
REFERFNCE AND ADMINISTRATIVE INFORMATION:
BALM OF GILEAD WORLD MINISTRIES TRUST
Charity registralion number 1115743
PrinLipal addre.s.s
3 Wilce Avenue
WellingFborough, Northamptonshire
NN8 2QL

Trustees
The truste¢b ￿]d officers servingl during thL yciir and since the year cnd were as followi>
Miss Sidanisilc Ndlcla
Mr Robson Utete
Independent Lxaminer
Emmanuel Mensah FMAAT MBA (Bus Finance)
Vision 25
Innova Park
EILcti'ic AVLIIUC
Enficld
f.N3 7GD
This report was <ipproved by the trustee,s and sigrned 011 it.s bchalf by:
Sidanisile Ndlela
Trustee
Datc: Lilad'l

BALM OF GILEAD WORLD MINISTRIES TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examiner's Report to the Trustees of BALM OF GILEAD WORLD MINISTRIES TRUST.
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 st
Dccembcr 2024 which consists of the Statemcnt of Financial Activities, Balance Shcet and the related note.
Rctsponsibilitics and basis of rcport
As the charity's tnistce% you are respon8iblc for the preparation of the accounts in accordanLe with the
requirements of thL Charities Act 2011 ('the ALt')
report in rcSPL'Ct of my cxarnination of thc charity's accounts carricd out undcr scction 145 of thc Act and
in carrying out my examinalion I have lollowed all ihc appliLable Directions given by the Cliarity
Commission undcr SCLtiun 145(5){b) ofihc Act.
Indcpcnd¢ni Ex¢imincr's StatLmLnl
The chdrity'4 giro%% incnme does nc)t exLccdcd £25Q,000, l am qucilified to undertake the examination by
being a qualificd and Fellow mcmb¢r ot'thc Associdtion of AccountingT Technicians.
I havc complLtLd my LX(Imination. I confim) that no malcrial mattcrs h(IvL comc to my attLntion in
connection with the examination which gives me cau8c to bclieve that in, any material respecl:
l . the accoiintingi records were not kept in accordance with seLtion 130 of the Chai"ities Act; or
2. the dLLOUllts did iiot dcLord with the dLLountingy recoi'd.4' or
3. the accounts did not comply with the applicablc requirements conLerning thc forni and content of
accouiit% set out iii the Charitics (Account% and Report%) Regulation% 2008 other than any
requirement that the accounts L)ive a 'tnie and fair. view which is not a mattcr considered as part ol
an independent examination.
4. 1 h<iVL no LuncLrns and havL Lomc dLro8.s no oihcr mallcrs in connLclion wilh thL examination to
which attention should be drawn in this report in ordcr to enable a proper understanding ot" the
accounts to be reached.

Emmanucl Mensah FMAAT
Vi%ion 25
Innova Park
Electric Avenue
Enficld
EN3 7CJD
Datc: 2511112025
10

BALM OF GILEAD WORLD MINISTRIES TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Total Funds
2024
Total Funds
2023
Recommended
categories by activity
Unrestricted
t'unds
Notes
Income and
endoivmcnts from:
Doncltions and
legacies
108,188
108,188
92,997
Investments
335
335
152
Total
108,52.1
108,523
93,149
Expenditure on:
Charit4ible activitiLs
98,086
98,086
85,253
Olher
2.801
2,801
392
Total
100,887
100,887
Net incomL'
7,636
7,504
Net movement in
funds
7,636
7,636
7,504
Reconciliation of
funds:
Total funds brought
forward
25,311
25,311
17,80()
Total funds carried
forward
32,947
32,947
25,310
11

BALM OF GILEAD WORLD MINISTRIES TRUST
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2024
Total
Total
Unrcstricted Funds Funds
funds
2024
2023
RL'commended cthtegorles by activity
Notes
Currcnl asscts
Casli at bank aiid in hand
39,805
39,805
1,606
38.199
39,805 28.194
39,805 28,194
1.606
2,882
38,199 25,312
Total current assets
Creditors: amounts fdllingF due within one year
Net current assetsl(liabilities)
Total iiet asseis
38,199
38,199 25,312
Fund8 of the Charity
Unrestrictcd fiinds
32,947
32,947 25,3111
Rcstrictcd incoinL funds
EndowmLnt funds
Total funds
2,94
2,94
5,31
Tlic financial statLmint8 wcrc approved by thL' trustees on 19 NovLinbLr 2025 dnd SigFned
on its behalf by:
Sidanisile Iydlela
Trustee
Date: Iwl 11116 IJ

BALM OF GILEAD WORLD MINISTRIES TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
l. Accounting Polieies
The prinLipal acLounting policics adopled by thc Charily, which is a public bcncfit cntity,
in the prepai'ation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by
the iiiLlu%ion of Lharitablc properlie4 aiid Iixcd ds%et ii)vestniciitS dnd inve%lmci)t
propertics at valuation.
Thcsc a¢Lounts havc bcLn prcparLd in aLcordanLL with "AcLounting and Rcportingi by
Charities.. Stiiiement ot" Kecommendcd l)raclicc applicable to cliarilics prcpariiig tlieir
accounts in accordanLL wilh thc FiiiaiiLial RcportinLF Standard applicablc in ihc UK and
RcpubliL ol. Ircland {FRS 102)" (ellcLtivc l January 2019) (Chiirilics SORP (FRS 102)),
IhL' Fin(Incial RLpoitingv Slandard appliLablc in ihc UK and R¥public of IrLland (FRS 102)
diid thL' Charitics AL't 2011.
Thcsc accounls are presenlcd in pound8 8lcrling and rounded i() Ihe nearcst pound.
1.2 Going concern
Thc Trustccs havL' prcparcd finanLi(Il projcctionb, laking¥ into considLrdtion thc currLnt
ecoiiomiL Londitions and have, at tlie timc ot approvinLi thcse accounts, a reasonablc
xpcctc?tion th¢Trt thL chic rity ha% adLquatc rcsourcLS to coiitinuc in opcrational cxi%tL'ncL for
thL for¥seiablL future. Thus thcy Lontinue to adopt the goin&y conLLrn basis of accoiintin
in prcpcirinLi thL dccoiints.
1.3 Income from donations or grants
Incoinc froin donations 1.4 recogni%ed wheii the charity is entitled lo the fund%, thc receipi is
probablL aiid thc amount can bc mcasurcd rLliably. For donations, this is U¥*ually on I'lccipt.
For gyranls, this is usually when a fomial o'er is made in writing. If a donation or grant
contains tcrnis and conditions outsidc of thL charity s Lontrol which niust bc mLi bLforL Ihc
charity is LntitlLd to tho fuiids, or it thL donor specifies that the t.unds must be used in futur
time pcriods, then ihe income it* deferred.
1.4 Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid dLLlaration from the donor.
Any Gitl Aid amount recovcr¢d oli a doiiation is considLrLd to bL pait uf thal gyifl aiid is
treatLd as an addition to the same fund as the initial donation unless thc donor or tlie terms
of" thc appcal havc SPLcificd othcrwisG.

1.5 Income from charitable activities
Income from charitable activities is recognised over the period to which the income relates.
Conccrt fees (Ire recogrnised ilt ihe date ot" the event. Member.4hip fees al'e recogiii%Ld over
thc pcriod of the membership. RLnt is reLognised over the period to which it relates. Any
amounts relating to future period8 ¢ire deterred.
1.6 Kxpenditure
Expenditurc is rLcognised when a present legal or constructive obligation exists at the
balancc shLCt d(ItL as a rcsult of a past cvcnt, it is probablL thal a IransfLr of LLonomic
bcnefitg will bc requirLd to settlc thc obligyation. and the amount can be Lstimated reliably.
It inclusive of VAT which caiinot bL rccovLrLd.
Direct co%l% dre tho.se co.%t% which dircLtIy (Iltribute to ils ilCtivitie%. WagFe% cind èialiiries are
¢illoLatLd t() direct Losts bascd on an LstimatL of time spcnt on charit¢iblL (IclivitiLs by staff
Ineiiibers.
Support c()%ls inLlude stall'co%t% and arc ihc)%e which do not producc (i dirLLI uulput, Siaff
Losts I'Llalc to %PLLifiL aLlivitiL% and ihis is rLflLLtLd in ihL allocation of payroll Loslb
based on ihc pcrLcntagyc ol. tiine spenl.
All co8t8, including govcrnance cost8. are allocatcd bctwccn thc expendilure cate&Torics or
thL Lharity on a basis dL'%igFnLd lo rLIILLI LhL USL of thL rLbuurLL. Costs rclatingF to a
partiLul(ir aLtivity arc chargcd directly: olhers are apportioncd on an appropriatc ba.sis.
Support costs and ()vcrheads have bcLn L£ilLu141tLd by allocatinLV Staff timL' to the level ot"
involvement in the various activities of the Charity.
1.7 Taxation
Thc orgianisation is a regvistered L'harity and has no liability to inLome tax or corporation
tax on its Lharit<ibl¢ (iLlivitic% duringy thc year.
Valuc addLd lax is accountcd for on an accruals bayis.
1.8 Fund accounting
Unrestricted funds are ihose funds wliich are available for use ai ihe disLI'elion of the
Ti'ustcL's in furthLranLL of thc &ycncral objcclivLs ofihL charity and which havc noi bcLn
desigTnated t.or othcr purpose5.
KestrictLd funds arc funds which are to bL u%ed in accordance with specific restrictions
imposed by donons or which have beLn r<iised by the Lh¢irity for particuliir purposeb.
14

2. Income from Donations and Legacies
Analysis
Unrestricted funds
Total funds 2024
Total funds 2023
Donation
and gifts
Gift Aid
81.599
95,931
95,931
12,257
108,188
12,257
108,188
11,398
92,997
Total
3. Income from Investments
Analysis
Unrestricted funds
Total funds 2024
Total funds 2023
Intcrcst
income
335
335
152
Total
335
335
152
4. Expenditure on Charitable Activities
Total funds 2024
Total fund4 2023
Analysis
Interest payable
Charity mana&ycment &
adinini%lraLion
Charity running cost
Cost ot services
Donationb
Printing and 8tationery
LL'bwiillprofLssiun(Il fLLs
Wagcs and salaries
Total
Support Costs
750
335
1,128
804
2,535
60,133
2,800
819
2,489
26,405
97,059
1,027
98,086
44,510
10,304
410
1.463
26,400
84,226
1,0?7
85,253
5. Support Costs
Total funds 2024
Total funds 2023
Analysis
Support Costs
Governance Costs
Indcpeiident exaininers fees
1,027
1,027
1,027
1,027
15

6. Other Expenditure
Unrestricted funds
Total funds 2024
Total funds 2U23
Analysis
Other
ExpcnditurL
Total
392
2,801
2,801
2,801
2,801
392
7. Cash at bank and in hand
Total funds 2024
Total funds 2023
Short tcrni deposits
Cash at bank and in hand
25,809
2,385
28,194
3,457
39,805
Total
8. Creditors: Amounts falling due within one year
Total funds 2024
Total funds 2023
Accruals aiid dcfcrrcd inLoiiic
Taxalion and SOLial sLciirily
Total
1,027
579
2,8142
2,882
1,606
9. Charity funds
9.1 Details of material funds held and movements during the CURRENT
reporting period
Fund
balances
brought
fonvard
Fund
Gains and balanccs
losses
carried
forward
Fund names
Incomc Expenditure Transfcrs
Unrestricted
funds
25,311
108,523
100,887
32,946
Total
25,311
J08,523
100,887
32,946

9.2 Details of material funds held and movements during the PREVIOUS
reporting period
Fund
balances
brought
forward
Fund
Gains and balances
losses
carried
forward
Fund names
Income Expenditure Transfers
Unrestricted
funds
17,806
93,149
85,644
25,311
Total
17,806
93,149
85,644
25,311