**REGISTERED COMPANY NUMBER: 05651902 (England and Wales) REGISTERED CHARITY NUMBER: 1122674** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 December 2024** ## **for** ## **Prophetic Resurrection Ministry** ## **International** Hanson & Associates Chartered Certified Accountants Room 19 Anerley Business Cerntre Anerley Road London SE20 8BD **Prophetic Resurrection Ministry International** ## **Contents of the Financial Statements for the Year Ended 31 December 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|3| |**Independent Examiner's Report**||4|| |**Statement of Financial Activities**||5|| |**Balance Sheet**|6|to|7| |**Notes to the Financial Statements**|8|to|12| |**Detailed Statement of Financial Activities**||13|| **Prophetic Resurrection Ministry International** ## **Report of the Trustees** ## **for the Year Ended 31 December 2024** ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The Trustees maintain the overview of worship and activities throughout the year including i. Worship and Prayer ii. Biblical knowledge and teaching iii. Empowering and discipling the youth iv. Pastoral care for all congregants v. Evangelism in our community and the world at large vi. Prophetic direction and revelation of God's purpose To organise church services To run bible lessons To hold crusades, personal evangelism, seminars and conferences To produce and distribute christians CDs, books and videos To use television, radi and related mechanism for teaching the word of God. ## **Public benefit** Prophetic Resurrection Ministries International welcomes all within its communities and branches. At the heart of our pastoral care is the essence to meet the needs of our congregants and local communities both spiritual, soul and body. The Trustees have assessed the disclosures made in the Trustees' report and consider that these sufficiently detail the significant activities undertaken in order to carry out the charity's aims for the public benefit. When planning the charity's activities, the Trustees have given regard to the Charity Commission's guidance on public benefit. The trustees raise awareness and understanding of Christian faith by various means including promoting religious teaching, producing CDs, counselling, training, support and providing live streams of our Sunday services to the world at large. Our evangelism team regularly go out to preach the gospel in a variety of locations. The outreach team are charged with visiting of the sick, those in prison and hospital. All PRMI activities are available to Christians and non-Christian members. The church is open to the world at large and there is no restriction to attendance of Church service. The wider community are encouraged to attend PRMI services, celebrating Christian's festivals including Easter, Christmas, New Year Eve Services. The church has a vibrant youth ministry, overseas ministries, social media prayer ministry, counselling, pre-marital and marital counselling. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** The pastoral team and youth ministries have conued to deliver worship and prayers both within the church and through social media to the general public. Our pastoral care team have continued to take care of those members of the congregation who are unwell, in need or in isolation. Our youth ministry has gradually become widely known and very successful. During the year we had the privilege of carrying out extensive refurbishment work to our church building. This has modernised the church and made the environment fit for purpose. ## **Internal and external factors** The church growth is seen in number of congregants; in volunteers' activities; in pastoral activities; in prayerline subscription and in fellowship groups. Our social media presence is also expanding. Our Weekly worship, prayers, bible knowledge and teachings are gaining new grounds amongst the congregants. Page 1 **Prophetic Resurrection Ministry International** ## **Report of the Trustees** ## **for the Year Ended 31 December 2024** ## **FINANCIAL REVIEW** ## **Financial position** Financial position for the year ended 31 December 2024, Prophetic Resurrection Minstry International had a total income of £146,220 (2023: £91,830) and total expenditure of £ £110,633 (2023: £107,590) resulting in a surplus for the year of £35,587(2023: £15,760).Total funds were unrestricted balance of £285,495 (2023: £249,908). The deficit recorded was due mainly to lower income raised in the year. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Organisational structure** The management of Prophetic Resurrection Ministry International (PRMI) is the responsibility of the board of Trustees.The board of Trustee manages PRMI on voluntary basis. The board meets from time to time to plan policies and ensure these policies are understood and implemented throughout the church. The board of Trustees also delegates some powers to the pastoral team to undertake projects and activities considered to be essential for the spiritual and social development of the members as well as in the local communities where the church serves. ## **Risk management** The Trustees have assessed the major risk to which the charity is exposed, inparticular those relating to the operations and finances of the Charity, and are satisfied that systems are in place to mitigate its exposure to the major risk. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 05651902 (England and Wales) ## **Registered Charity number** 1122674 ## **Registered office** 96 Windmill Road Croydon Surrey CR0 2XP ## **Trustees** Rev A Amoako P Plange K Obeng ## **Company Secretary** ## **Independent Examiner** Alfred Hanson Hanson & Associates Chartered Certified Accountants Room 19 Anerley Business Cerntre Anerley Road London SE20 8BD Approved by order of the board of trustees on 24 September 2025 and signed on its behalf by: Page 2 **Prophetic Resurrection Ministry International** ## **Report of the Trustees** **for the Year Ended 31 December 2024** P Plange - Trustee Page 3 ## **Independent Examiner's Report to the Trustees of Prophetic Resurrection Ministry International** ## **Independent examiner's report to the trustees of Prophetic Resurrection Ministry International ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity's trustees of the Company (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 the Company 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** 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 the Company 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. Alfred Hanson The Association of Chartered Certified Accountants Hanson & Associates Chartered Certified Accountants Room 19 Anerley Business Cerntre Anerley Road London SE20 8BD 26 September 2025 Page 4 **Prophetic Resurrection Ministry International** ## **Statement of Financial Activities for the Year Ended 31 December 2024** |||**31.12.24**|31.12.23| |---|---|---|---| |||**Unrestricted**|Total| |||**fund**|funds| ||Notes|**£**|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||**146,220**|91,774| |Investment income|2|**-**|56| |**Total**||**146,220**|91,830| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |CHARITABLE ACTIVITY||**81,089**|105,993| |Other||**29,544**|1,597| |**Total**||**110,633**|107,590| |**NET INCOME/(EXPENDITURE)**||**35,587**|(15,760)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||**249,908**|265,668| |**TOTAL FUNDS CARRIED FORWARD**||**285,495**|249,908| The notes form part of these financial statements Page 5 **Prophetic Resurrection Ministry International** ## **Balance Sheet** ## **31 December 2024** |Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
6
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
7
**NET ASSETS**
**FUNDS**
9
Unrestricted funds
**TOTAL FUNDS**|**31.12.24**
**Unrestricted**
**fund**
**£**
**468,272**
**111,553**
**(47,074)**
**64,479**
**532,751**
**(247,256)**
**285,495**
**285,495**
**285,495**|31.12.23
Total
funds
£
468,272
36,242
(700)
35,542
503,814
(253,906)
249,908
249,908
249,908| |---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 6 continued... **Prophetic Resurrection Ministry International** ## **Balance Sheet - continued** ## **31 December 2024** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 24 September 2025 and were signed on its behalf by: P Plange - Trustee The notes form part of these financial statements Page 7 **Prophetic Resurrection Ministry International** **Notes to the Financial Statements for the Year Ended 31 December 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued... Page 8 **Prophetic Resurrection Ministry International** **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **2. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||**31.12.24**|31.12.23| ||**£**|£| |Deposit account interest|**-**|56| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|91,774| |Investment income|56| |**Total**|91,830| |**EXPENDITURE ON**|| |**Charitable activities**|| |CHARITABLE ACTIVITY|105,993| |Other|1,597| |**Total**|107,590| |**NET INCOME/(EXPENDITURE)**|(15,760)| |**RECONCILIATION OF FUNDS**|| |Total funds brought forward|265,668| |**TOTAL FUNDS CARRIED FORWARD**|249,908| continued... Page 9 **Prophetic Resurrection Ministry International** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **5. TANGIBLE FIXED ASSETS** |Improvements
Freehold
to
Plant and
property
property
machinery
£
£
£
**COST**
At 1 January 2024 and 31 December 2024
**590,000**
**5,339**
**5,000**
**DEPRECIATION**
At 1 January 2024 and 31 December 2024
**129,800**
**267**
**2,000**
**NET BOOK VALUE**
At 31 December 2024
**460,200**
**5,072**
**3,000**
At 31 December 2023
460,200
5,072
3,000
**6.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**31.12.24**
**£**
Bank loans and overdrafts (see note 8)
**22,302**
Trade creditors
**(1)**
Accrued expenses
**24,773**
**47,074**
**7.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
**31.12.24**
**£**
Bank loans (see note 8)
**7,256**
Other loans (see note 8)
**240,000**
**247,256**
**8.**
**LOANS**
An analysis of the maturity of loans is given below:
**31.12.24**
**£**
Amounts falling due within one year on demand:
Bank overdrafts
**22,302**
Amounts falling between one and two years:
Bank loans - 1-2 years
**2,419**
Amounts falling due between two and five years:
Bank loans - 2-5 years
**4,837**
Amounts falling due in more than five years:
Repayable otherwise than by instalments:
Other loans more 5yrs non-inst
**240,000**|Totals
£
**600,339**| |---|---| ||**132,067**| ||**468,272**| ||468,272| ||31.12.23
£
-
-
700
700
31.12.23
£
13,906
240,000| ||253,906| ||31.12.23
£
-| ||4,635| ||9,271| ||240,000| continued... Page 10 **Prophetic Resurrection Ministry International** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **9. MOVEMENT IN FUNDS** |At 1.1.24
£
**Unrestricted funds**
General fund
**249,908**
**TOTAL FUNDS**
**249,908**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**146,220**
**TOTAL FUNDS**
**146,220**
**Comparatives for movement in funds**
At 1.1.23
£
**Unrestricted funds**
General fund
265,668
**TOTAL FUNDS**
265,668
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
91,830
**TOTAL FUNDS**
91,830|Net
movement
At
in funds
31.12.24
£
£
**35,587**
**285,495**
**35,587**
**285,495**
Resources
Movement
expended
in funds
£
£
**(110,633)**
**35,587**
**(110,633)**
**35,587**
Net
movement
At
in funds
31.12.23
£
£
(15,760)
249,908
(15,760)
249,908
Resources
Movement
expended
in funds
£
£
(107,590)
(15,760)
(107,590)
(15,760)| |---|---| continued... Page 11 **Prophetic Resurrection Ministry International** **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **9. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.1.23
£
265,668
265,668|Net
movement
in funds
£
19,827
19,827|At
31.12.24
£
285,495| |---|---|---|---| ||||285,495| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
238,050
238,050|Resources
Movement
expended
in funds
£
£
(218,223)
19,827
(218,223)
19,827|Resources
Movement
expended
in funds
£
£
(218,223)
19,827
(218,223)
19,827| |---|---|---|---| ||||19,827| ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2024. Page 12 **Prophetic Resurrection Ministry International** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2024** |**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2024**||| |---|---|---| ||31.12.24|31.12.23| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Gifts|**(1)**|1| |Donations|**133,347**|91,773| |Other Income|**12,874**|-| ||**146,220**|91,774| |**Investment income**||| |Deposit account interest|**-**|56| |**Total incoming resources**|**146,220**|91,830| |**EXPENDITURE**||| |**Charitable activities**||| |Rates, water & waste collectio|**2,535**|-| |Rent|**21,600**|18,000| |Light and heat|**3,900**|10,229| |Telephone|**653**|-| |Insurance|**1,790**|1,871| |Administrative Expense|**32,147**|29,121| |Equipment Expense|**950**|-| ||**63,575**|59,221| |**Support costs**||| |**Information technology**||| |Postage and stationery|**-**|844| |Repairs and renewals|**5,785**|845| ||**5,785**|1,689| |**Governance costs**||| |Wages|**28,262**|28,262| |Social security|**2,785**|2,785| |Pensions|**777**|777| |Bank Charges|**606**|657| |Fees & Licence|**8,143**|13,499| |Accountancy and legal fees|**700**|700| ||**41,273**|46,680| |Total resources expended|**110,633**|107,590| |**Net income/(expenditure)**|**35,587**|(15,760)| This page does not form part of the statutory financial statements Page 13