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2024-12-31-accounts

Kerygma 180

Financial Statements

For the year ended 31 December 2024

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Contents Page
Legal and administration information 3
Trustees’ Report 4 - 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Account 8 - 14
Independent Examiner’s Report 15 - 16

2

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Legal & Administrative Information

Trustees / Directors Andrew Dewick Rev Timothy Manson Jamie Ochsner Jeremy Taylor Company Secretary Rev Martin Durham Charity Number 1123294 Company Number 06481900 Registered Office 229 Boston Manor Road Brentford Middlesex TW8 9LF

3

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Trustees’ Report

Strong growth continued this year across the breadth of the K180 ministry. New partnerships were established along with existing partnerships strengthened. The net result, by God’s grace, was more believers being equipped and ultimately more people having opportunity to respond to the Gospel. Whilst our websites will give a good reflection of present ministry endeavours, here is a snapshot of key ministry developments in 2024.

History Makers

By way of brief background, the History Makers (HM) initiative primarily seeks to equip young leaders (18-35) for strong, biblical, missional leadership in the 21[st] century. Designed to run in partnership with local churches, it has been very encouraging to see how God is using this tool to equip young leaders across Europe, as participants spend a weekend, or a week, together exploring eight biblical core values for leadership. In essence, our goal is to equip leaders and spread the Gospel.

So, HM is primarily, although not exclusively, aimed at those relatively early in their call to leadership or those who have potential for leadership. We do undertake training for senior leaders from time to time, with the mandate to multiply the training at the heart of such events. This is leadership in any capacity – in church, youth work, para-church ministry, workplace etc. We keep numbers relatively small (around 20-30 per session) to hopefully maximise impact.

2024 continued to see an upward growth trend with 24 key in-person training events across Europe, and a verifiable number of 793 leaders trained.

Equipping evangelists

We believe that a key strategy for Gospel impact in Europe is the equipping of ‘emerging’ evangelists, in other words, those early in their call to proclaim the Gospel.

Alongside ongoing trainee opportunities in London, K180 leads specific training for those called as evangelists. The training consists of a two-year modular course designed to train and equip evangelists emerging (i.e. early in their call) into a ministry of proclamation evangelism. The course consists of a core of four separate residential long weekends of training together with additional days, mentoring, and opportunities to participate in major evangelistic initiatives. This training started in the UK and now features in 8 other European countries.

2024 was a positive year of growth with new training launched in both Georgia and The Balkans, touching four nations in that region.

Such developments served to strengthen the ‘association’ of these training groups, known as The European Young Evangelists Network (EYE Network). Together we hosted our two-yearly ‘Behold Europe’ gathering, which attracted 100+ evangelists meeting together in Iceland.

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The Journey

At the invitation of the London Baptists, K180 continues to work alongside local churches to help further develop their evangelistic culture. This includes regular street ministry, training for the church, a 6-month ‘deeper discipleship’ journey for a group of 6-8, and the launching of evangelistic endeavours. 2024 saw this project develop further, preparing for a step change in engagement in 2025.

Street teams

Street ministry has been consistent during 2024, maintaining a sharp focus on proclaiming the Gospel. We continue to support fledgling street teams in London and beyond, as we seek to biblically, passionately, and creatively, proclaim the Good News. Overseas mission weekends ran as normal throughout the year, and we were pleased to welcome two visiting teams to London.

There were other various ministry endeavours alongside these key ministry streams, which can be read about at www.k180.org

Team growth

During 2024 we welcomed four new staff (one full time and three part time) and said farewell to another.

2025

Strategic plans are in place for all areas of ministry, with the development of each remaining a key focus. Indeed, our core team has grown to reflect the myriad of opportunities before us, all of which are in line with His call and vision. We fully expect HM to continue to expand, including engagement with countries new to this aspect of K180 ministry. The EYE Network has two new countries lined up for launch, these being Armenia and France. And we expect ‘The Journey’ to make a notable step-change as we agree to partner with 5 churches, starting at various points in 2025.

Overall, we foresee continued strong ministry growth in 2025. We anticipate the need to keep adding to our team but naturally need to manage the pace. We trust that the Lord will provide the resources needed. We continue to follow the infrastructure framework for the ministry, as agreed by the trustees back in 2023, a framework designed to support the growth we see in the days ahead.

19[th] May 2024

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Statement of Financial Activities

Kerygma180

For the year ended 31 December 2024

Account Note Unrestricted
Funds 2024
Unrestricted
Funds 2024
Restricted
Funds 2024
Restricted
Funds 2024
Total Funds
2024
Total Funds
2023
Income from:
Donations and legacies 173,571 173,571
750
750
174,321
194,040
Charitable activities 19,395 19,395
166,838
166,838
186,233
203,407
Total 3.1 192,966 192,966
167,588
167,588
360,554
397,447
Expenditure on:
Operating costs 78,293 78,293
-
78,293 64,889
Charitable activities 11,009 11,009
300,277
300,277
311,286
337,190
Total expenditure 3.2 89,302 89,302
300,277
300,277
389,579
402,079
Net income / (expenditure) 103,664 103,664
(132,688)
(132,688)
(29,024)
(4,632)
Reconciliation of funds
Transfers between funds (115,676) (115,676)
115,676
115,676
0
0
Total funds brought forward 88,339 88,339
23,889
23,889
112,228
116,860
Total funds carried forward 76,327 76,327
6,877
6,877
83,204
112,228

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Balance Sheet

Kerygma180 As at 31 December 2024

Note Note 31 Dec 2024
Unrestricted
31 Dec 2024
Restricted
Total 31 Dec
2024
Total 31 Dec
2023
Fixed Assets
Computer equipment 5 Computer equipment 5 2,074 0 2,074 204
Total Fixed Assets 2,074 0 2,074 204
Debtors & prepayments 7 Debtors & prepayments 7 4,501 14,274 18,775 28,581
Cash at bank and in hand 10 Cash at bank and in hand 10 80,721 3,555 84,276 143,874
Total Current Assets 85,222 17,829 103,051 172,455
Amounts falling due within one-year 8 Amounts falling due within one-year 8 (10,969) (10,952) (21,921) (60,431)
Net Current Assets (Liabilities) 74,253 6,877 81,129 112,024
Total Assets less Current Liabilities 76,327 6,877 83,204 112,228
Amounts falling due after more than one year Amounts falling due after more than one year 0 0 0 0
Net Assets 76,327 6,877 83,204 112,228
Restricted 0 6,877 6,877 18,285
Unrestricted 76,327 0 76,327 93,943
Total Funds of the charity 76,327 6,877 83,204 112,228

Approved by the board of trustees on 12 May 2025.

………………………………………………………… PPV oak. ………………………………………………………… A Dewick J Taylor

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Notes to the accounts

1. Basis of preparation

1.1 Basis of accounting - These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared under the Companies Act 2006 and in accordance with the Statement of Recommended Practice (SORP), Financial Reporting Standards (FRS 102 Section 1A Small Entities) and the Charities Act 2011.

1.2 Change of accounting policy - The accounts present a true and fair view and no changes have been made to the accounting policies adopted.

1.3 Changes to accounting estimates - No changes to accounting estimates have occurred in the reporting period.

1.4 Material prior year errors - No material prior year errors have been identified in the reporting period.

1.5 Going concern – The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing financial statements.

2. Accounting policies

2.1 Income

Recognition of income - These are included in the Statement of Financial Activities (SOFA) when:

Offsetting - There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the SORP or FRS 102.

Legacies - Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.

Tax reclaims on donations and gifts - Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

Support costs - The charity has incurred expenditure on support costs.

Voluntary help - The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report where necessary.

Income from interest, royalties, and dividends - This is included in the accounts when receipt is probable, and the amount receivable can be measured reliably.

8

2.1 Expenditure & liabilities

Liability recognition - Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Governance and support costs Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

3. Analysis of income & expenditure

3.1 Analysis of income

Donations and legacies Unrestricted
funds
£
~~ee~~
Restricted
income
funds £
~~ee~~
Endowment
funds
£
Total
funds
£
Prior
year
£
General donations
~~es~~
166,940
~~es~~
~~ee~~
~~ee~~
-
~~es~~
~~ee~~
~~ee~~
-
~~es~~
166,940
~~es~~
130,818
~~es~~
Donations from fund raising
~~es~~
-
~~ee~~
~~es~~
~~ee~~
~~ee~~
750
~~ee~~
~~es~~
~~ee~~
~~ee~~
-
~~es~~
750
~~es~~
56,686
~~es~~
Legacies
~~es~~
-
~~ee~~
~~es~~
~~ee~~
-
~~ee~~
~~es~~
~~ee~~
-
~~es~~
-
~~es~~
-
~~es~~
General grants provided by
government
-
~~ee~~
-
~~ee~~
~~ee~~
-
~~ee~~
- -
Membership subscriptions Sponsorships
which are in substance donations
~~ee~~
-
~~ee~~
-
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
-
~~ee~~
-
~~ee~~
Donated goods, facilities and services
~~po~~
-
~~po~~
~~ee~~
-
~~ee~~
~~po~~
~~ee~~
~~ee~~
~~po~~
~~ee~~
-
~~po~~
-
~~po~~
Other
~~ee~~
6,631
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
6,631
~~ee~~
6,536
~~ee~~
Total
~~ee~~
173,571
~~ee~~
~~ee~~
~~a~~
750
~~ee~~
~~ee~~
~~a~~
-
~~ee~~
~~ee~~
~~a~~
~~ee~~
174,321
~~ee~~
~~a~~
194,040
~~ee~~
~~a~~
Charitable activities Unrestricted
funds
£
~~ee~~
Restricted
income
funds £
~~es~~
Endowment
funds
£
Total
funds
£
Prior
year
£
Proclaiming
~~ee~~
-
~~ee~~
~~ee~~
~~es~~
7,916
~~ee~~
~~es~~
~~es~~
-
~~ee~~
7,916
~~ee~~
27,741
~~ee~~
Training in ministry
~~es~~
-
~~ee~~
~~es~~
~~es~~
~~ee~~
3,333
~~es~~
~~es~~
~~es~~
~~ee~~
-
~~es~~
3,333
~~es~~
11,074
~~es~~
Evangelism
~~ee~~
19,394
~~es ~~
~~ee~~
~~ee~~
~~ee~~
31,157
~~es~~
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
50,551
~~ee~~
43,702
~~ee~~
Mission including Josiah Venture
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
~~ee~~
14,577
~~ee~~
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
14,577
~~ee~~
14,155
~~ee~~
Leadership
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
~~ee~~
109,856
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
109,856
~~ee~~
106,735
~~ee~~
Other
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
Total 19,394
~~ee~~
~~ee~~
166,839
~~ee~~
-
~~ee~~
186,233
~~ee~~
203,407
~~ee~~

9

Wy

3.2 Analysis of expenditure

Unrestricted
Restricted
Endowment
Total
Prior
Expenditure on raising funds
funds
funds
funds
funds
year
£
£
£
£
£
Incurred seeking donations
67
-
-
67
588
Incurred seeking legacies
-
-
-
-
-
-
Incurred seeking grants
-
-
-
-
-
-
Other
-
-
-
-
-
Total
67
-
-
67
588
Charitable activities & other
donations
Unrestricted
funds
£
Restricted
funds
£
Endowment
funds
£
Total
funds
£
Prior
year
£
Proclaiming
-
29,392
-
29,392
53,381
Training in ministry
-
36,768
-
36,768
22,946
~~ee~~
~~ee ee~~
~~ee~~
Evangelism
2,436
89,780
-
92,215
43,098
~~ee~~
Mission including Josiah Venture
-
18,150
-
18,150
14,387
~~ee~~
Leadership
-
125,436
-
125,436
134,871
Designated appeal / relief fund
payments
-
750
-
750
56,170
Thanksgiving offerings
8,507
-
-
8,507
11,750
~~ee~~
~~ee~~
~~ee ee~~
~~ee~~
~~ee~~
~~ee ee es~~
Total
10,943
300,277
-
311,219
336,603
Unrestricted
Restricted
Endowment
Total
Prior
Support expenses
funds
funds
funds
funds
year
£
£
£
£
£
General support Costs
10,977
-
-
10,977
11,007
~~ee~~
Governance Costs
-
-
-
-
-
~~ee~~
Staff Salaries, NIC & Pension
56,178
-
-
56,178
48,018
~~ee~~
Staff Expenses including Travel
11,138
-
-
11,138
5,864
Independent examiner’s fee
-
-
-
-
-
Other
-
-
-
-
-
Total
78,293
-
-
78,293
64,889
~~ee~~
~~es~~
~~es ee~~
~~ee se~~
~~ee ee ee~~
~~ee~~
Total expenditure
89,302
300,277
-
389,579
402,079
~~a~~
~~eeee~~
~~ee~~

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4. Staff costs

4. Staff costs
4.1 Employment costs 2024 2023
£ £
Salaries & wages 111,720 98,028
Social security & pension cost 12,452 11,828
Staff expenses 11,138 5,864
Other employee benefits - -
Total staff costs 135,310 115,720

No employee has received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. No trustees received employment benefits in the current or preceding year.

4.2 Average head count

2024 2023
Fund raising - -
Charitable activities 4 3
Support / Governance 1 2
Total 5 5

5. Tangible fixed assets & depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Equipment - 25% (Straight line basis)

Tangible fixed assets
Equipment Total
Cost £ £
As at 1 January 2024 7,188 7,188
Additions 2,508 2,508
Disposals - -
As at 31 December 2024 9,696 9,696
Depreciation
As at 1 January 2024 6,984 6,984
Charge for the year 638 638
depreciation on disposals - -
As at 31 December 2024 7,622 7,622
Net book value
As at 31 December 2024 2,074 2,074
As at 31 December 2023 204 204

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6. Fund accounting

Unrestricted funds comprise the accumulated movement on funds available for use at the absolute discretion of the trustees.

Restricted funds are funds subject to specific restrictions imposed by the donor. They provide funds for the purpose of a charitable activity and supporting Kerygma180s administration and support costs. These funds are held by Kerygma 180 until spent in accordance with the terms of the donation or grant.

7. Debtors & prepayments

Analysis of debtors 2024 2023
£ £
Trade debtors - -
Prepayments & accrued income 15,346 24,245
Other debtors & Gift Aid & Donations
receivable 3,428 4,336
18,774 28,581

8. Creditors: amounts falling due within one year

2024 2023
£ £
Accounts payable 40 -
Accruals & deferred income 21,233 39,490
Taxation & social security - -
Pension payable 648 561
21,921 40,051
9. Deferred income
Movement in deferred income 2024 2023
£ £
Balance as at 1 January 35,917 16,581
Amounts added in current period - 48,317
Amounts released to income from previous periods (35,917) (28,981)
Balance as at 31 December - 35,917

9. Deferred income

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10. Cash at bank and in hand

2024 2023
£ £
Short term cash investments - -
Cash at bank and in hand 84,276 143,874
84,276 143,874

11. Summary of fund movements

Details of material funds held and movements – 2024 (current year)

Fund Type* Purpose and
Restrictions
Fund
balances
brought
forward
£
Income
£
Expenditure
£
Transfers
£
Fund
balances
carried
forward
£
General Fund
~~ee~~
~~a~~
UR
~~ee~~
~~ee~~
To utilise in
ministries below
~~ee~~
~~ee~~
88,339
~~ee~~
192,965
~~ee~~
~~ee~~
(89,303)
~~ee~~
~~ee~~
(115,674)
~~ee~~
~~ee~~
76,327
~~ee~~
~~ee~~
Proclaiming
~~a~~
~~a~~
R
~~ee~~
To train in street
ministry
~~ee~~
~~ee~~
-
~~ee~~
7,916
~~ee~~
~~ee~~
(29,392)
~~ee~~
~~ee~~
21,476
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
Training in
Ministry
~~a~~
~~a~~
~~a~~
R
~~ee~~
To train in gospel
ministry
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
3,333
~~ee~~
~~ee~~
~~ee~~
(36,768)
~~ee ~~
~~ee~~
~~ee~~
33,435
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
Evangelism
~~a~~
~~a~~
~~a~~
R To train evangelists
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
31,157
~~ee~~
~~ee~~
~~ee~~
(89,780)
~~ee~~
~~ee~~
~~ee~~
58,623
~~ee~~
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
~~ee~~
Missions
including JV
~~a~~
~~a~~
R To train in street
ministry
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
14,577
~~ee~~
~~ee~~
(18,150)
~~ee~~
~~ee~~
3,573
~~ee~~
~~ee~~
-
~~ee~~
~~ee~~
Leadership
~~a~~
~~SEES~~
R
~~SEES~~
To train leaders
~~ee~~
~~SEES~~
5,604
~~ee~~
~~SEES~~
109,856
~~ee~~
~~SEES~~
(125,436)
~~ee~~
~~SEES~~
9,976
~~ee~~
~~SEES~~
-
~~ee~~
~~SEES~~
Other Designated
(including
appeals)
~~SEES~~
R
~~SEES~~
To utilise in
ministries above
~~SEES~~
18,285
~~SEES~~
750
~~SEES~~
(750)
~~SEES~~
(11,408)
~~SEES~~
6,877
~~SEES~~
Total Funds as per balance sheet 112,228
~~eff~~
360,554
~~eff~~
(389,579)
~~eff~~
-
~~eff~~
83,204
~~eff~~

*Key : UR – Unrestricted funds , R - Restricted funds

13

Details of material funds held and movements – 2023 (previous year)

Fund Type* Purpose and
Restrictions
Fund
balances
brought
forward
£
Income
£
Expenditure
£
Transfers
£
Fund
balances
carried
forward
£
General Fund
~~a~~
UR To use to help
the ministries
below
~~ee~~
86,772
~~ee~~
133,043
~~eee~~
(98,199)
~~eee~~
(33,276)
~~eee~~
88,339
~~eee~~
Proclaiming
~~a~~
R To train in street
ministry
~~ee~~
-
~~ee~~
27,741
~~eee~~
(48,959)
~~eee~~
21,218
~~eee~~
-
~~eee~~
Training in
Ministry
~~a~~
~~a eee~~
~~a~~
R
~~eee~~
~~ee~~
To train in
gospel ministry
~~ee~~
~~eee~~
~~ee~~
2,000
~~ee~~
~~eee~~
~~ee~~
11,074
~~eee~~
~~eee~~
~~ee~~
(22,946)
~~eee~~
~~eee~~
9,872
~~eee~~
~~eee~~
~~eee~~
-
~~eee~~
~~eee~~
~~eee~~
Evangelism
~~a~~
R
~~ee~~
To train
evangelists
~~ee~~
-
~~ee~~
20,570
~~ee~~
(31,258) 10,688
~~eee~~
-
~~eee~~
Missions
including JV
~~a ~~
~~EE~~
R
~~ee~~
~~EE~~
To train in street
ministry
~~ee ~~
~~EE~~
-
~~ee~~
~~EE~~
14,155
~~ee~~
~~EE~~
(14,387)
~~EE~~
232
~~eee~~
~~EE~~
-
~~eee~~
~~EE~~
Leadership
~~EE~~
~~F~~
R
~~EE~~
~~F~~
To train leaders
~~EE~~
~~FPS~~
12,781
~~EE~~
~~PS~~
106,735
~~EE~~
~~PS~~
(113,912)
~~EE~~
~~PS~~
-
~~EE~~
~~PS~~
5,604
~~EE~~
~~PS~~
Other Designated
(including
appeals)
~~F~~
R
~~F~~
To utilise in
ministries above
~~FPS~~
15,307
~~PS~~
~~fF~~
84,129
~~PS~~
~~fF~~
(72,418)
~~PS~~
(8,733)
~~PS~~
18,285
~~PS~~
Total Funds as per balance sheet
~~FPS~~
116,860
~~PS~~
~~fF~~
397,447
~~PS~~
~~fFft~~
(402,079)
~~PS~~
~~ft~~
-
~~PS~~
~~ft~~
112,228
~~PS~~
~~ft~~

12. Members

The liability of the members is limited. Each member of the charitable company commits to contribute if the charity is wound up an amount of £1.

14

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of KERYGMA 180 On accounts for the year 31/12/2024 Charity no 1123294 ended (if any) Set out on pages 1 - 14

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2024.

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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.

Signed: Date: 14.09.25
Name: Roger Bradshaw
Relevant professional
qualification(s) or body
(if any):
ACCA
Address: 29 Elthorne Park Road
Hanwell, London
W7 2JB

15

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

16